davidaulloa/AmericanStories huggingface dataset:
Imperial Valley press., 1926-03-12

W. j. BrunSon, Silverdalo, Wash,
mgton, sold $l2o worth of Progress
slve Everbearing Strawberries from
300 plants, some of which grew 2S0
berries each.
Imperial Valley press., 1926-03-12
For Sufe-AutOn,obiieS
Something Different

Dandy Ford Roadster with Rux-
stell axle, windshield wings, spot
lights and other extras, good tires.
Looks and runs like new. Priced
low. See Al Rabineau, Dodge
Agency Terms if desired 10t4
Imperial Valley press., 1926-03-12
Lost and Found

STRAfED-Colt, 81 yrs. Bay,
white face one white hind leg.
+. T. Hilton, box s42, FL Centre.
6t6
Imperial Valley press., 1926-03-12

WANTED-A few fresh COWS.
team of good horses for sale.
Clark W. AdaiH Secley, Cal. flt&
Imperial Valley press., 1926-03-12

WANTED-l50 head of drv stock to
pasture. q. G. Hussey, Seeley.
22tf
Imperial Valley press., 1926-03-12
FOR SALE

AT 25% to $3.50 below apprais-
ed value. 80 acres Westmor-
land. 80 acres Sandia. Good soil,
well located. Also good income
Ell Centre and San Diego cities,
all or part. See me and save
agents commission for this is
going to move. Phone 36GJ.
Mrs, E. E. Morgan, 740 South
Seventh, Ell Centre, Cal. 17t29
Imperial Valley press., 1926-03-12

FURNITURE NANTED-115 No.
9Th. Phone 623. 14tt
Imperial Valley press., 1926-03-12
SPORT NEWS SECTION
So. California
Sporting Briefs
By United Press Leased Wire

LOS ANGELES, March I2.-IRt
world g best flyweight, Fidel La
Barba, will battle the best bantam
weight in Australia, VicsS King
in the 10 round man eyent at
Hollywood tonight.
Although he will be outweighed,
LaBarba is the favorite. The local
flyweight has beaten many bantams
He holds the Pacific coast bantam
weight championship.
Harry Runcan will fight AID Al
legrini in the six round semi-wind-
up.
Five Southern California confer
ence track teams will participate III
two track meets tomorrow.
The feature meet. of the day will
be the Oceidcntal-U University of Cal
ifornia, southern branch event here.
On the dope sheet the branch
athletes are favored to- win.
2 Redlands, Whittier and rhe Cali
fornia School of Technology will
participate in Il triangular meet at
Pasadcna.' Caltech is favorede to
win.
e Coach Sam Crawford ) University
Of Southern California baseball team
will make its first home appearance
today when it meets Whittier col
lcgc. +
The Culver Ice hockey aggrega
tion will play the Richfield Oil
sextct at the Glacier dec. Palace to-
morrow night.
The Chicago Cubs are back in Los
Angeles for another series OF week
end games. The Cubs, will meet the
Hollywood Bees at Nriglev field
today and tomorrpy and will play
the Los Angeles Angeles on SUNDAY.
The Hollywood Bees defeated the
Hollywood business men yesterday
8 to |.
Cliff Woodbury. has made a sue
cCssful debut before the railbirds at
the Culver City speedway where
automobile racers are getting their
cars in shape for the 2J0 mile classic
a week from Sunday.
Woodbury. attained II speed Of 13S
miles an hour Thursday.
Imperial Valley press., 1926-03-12

WANTED TO BUY-One OF two
horse power motor. Phone 907J1.
1tf
Imperial Valley press., 1926-03-12
TODhTS WANT ADS

1 ~ go ppctldI ok tcbude Ddkef IQuf.
! -Tl923 Ford Truck, Ruxstell Axle.
-l923 Hupmobile Touring
1923 WHY'S Knight Touring
All used cars in good run
ming condition. Some with
new paint. '-tt
NASH AUTO SALES co.
.t... 532 State st. 1872
HEBER HATCHERY-2 blocks
south Of Ford Garage. Baby
chicks.lR II. Reds and Barred
Rocks. Delivery March IA. 12t3
WANTZ-An acre level ground, un-
improved. Close in. Press Box
1006. 1878
FOR RENT-A suite Of rooms in
Rehkopf building. Nuffer Land
Co. 508 Main st. 12t6
WANTED@Capable woman to care
for convaIescing patient. Phone
'901R4. 12tf
FOR RENT-Furnished room with
garage. Lady or married couple
preferred. New bungalow court.
Magnolia Ave. Ord west house
12t3
FOR SALE-SSmall restaurant doing
good business. Will sell cheap or
trade for good model Ford 1t will
pay to investigate this. 121 8th
st. Imperial, Cal. 1878
FOR SALE-Electric stove. 725
Hell. 1878
FOUND-German shepherd, sick.
Owner can have same by calling
at 725 He'll proving ownership,
and paying advertising, hospital
fees, and board. 1878
LOUISIANA Bound (via Texas
would like some assistance on gas
and oil expenses. Inquire John
Provazek, Rte 3, Box 9, South on
Date canal. 1878
FOR RENT-Good garage on Park
near 9th. 81. Mrs. Land, 1888
Park. 1872
FOR SALE-One acre and four room
house, garage, close in, $1,000.
Terms. Mrs. Land, 7S3 Park. 12tf
FOR SALE-Singer Electric Sew
ing machine. Good order. Reason
able. 638J. 1878
"a ANTED-Fo borrow $500 for 8
years, 5 per cent and bonus. Press
Box 8I3. 12t2
WILL TRADE-Los Angeles pro-
perty for acreage, close in, or ad-
joining Ell Centre. NJ. A. Brad
ley. Brunks comedians. 1916
NA p EEB- Furnished room by gen
tleman, and someone to care for
~ v"ar old boy. 40 Main ST \.
Anthony. 1872
FOR RNNT-verv plcasant front
bedroom in private home, ladies
only. Phone 800 or 434. 12t2
OLIVER typewriter in good condi-
tion for sale. Only SIG. At CLYDE
M"Phectcr S Tire Shop, opposite
post office. 1878
LADlES-We will pay straight 4Oc
an hour, advertising and distri-
buting samples to every home and
office, Send self addressed stamp
cd envelope. Denison, 400 Beekel
Dayton, Ohio. 12t1
USED CARS-4f0 State st. See our
ears before you buy, at 40 Stn+n
ST. 1919
FOR SALE--Dairy cows for sale. )
m''Hs eas+. ! mile north Imperial,
Felix Niboh. l2t13 /
Wanted TO Bug " ~
------>-->~---------~-> ---
WANTED--sccoud hand furniture
Call 495W. $40 Main St. 19tf ,
WANTED-Manurc, anywhere in !
valley. Highest price paid. Cash |
- IN advance. Donald s Service Sta |
tion, corner of Fourth and State !
i Phone 56i, IL. d. Bradford. ste !
NANTED-Good second hand Ford .
son tractor with implements. Must
4 be in first class order, Answering
q state lowest cash price. Address
l.. s., p. o. Box 1915, city. 2ltf
FURNITURE NANTED-115 No. |
9Th. Phone 623. l4tt
WANTED-l50 head of drv stock to I
pasture. q. G. Hussey, Seeley.
23tf
WANTED TO BUY-OnG OF two !
horse power motor. Phone 907J1. !
1tf
Imperial Valley press., 1926-03-12
PRESS CLASSIFIED SECTION
For SoIe-ReaL Estate

FOR SALE-House on Wensley
Ave. Very reasonable terms. Val
ley Lumber Co. 26tf
Imperial Valley press., 1926-03-12

NANTED-GoOd second hand Ford.
son tractor with implements. Must
( be in first class. order, Answering
y state lowest cash price. Address
l.. s., j. o. Box 1045, city. 2ltf
Imperial Valley press., 1926-03-12
Automobile Loans

'3'aF@'I N. - 'l .'sf =. a.. = : u .%.i
Evening star., 1926-09-25

newly promulgated ruling is as fol-
lows:
Where a tract of land Is pur-
chased with view to dividing it into
lots or parcels Of ground to be sold rs
such, the cost or other basis shall be
equitably apportioned to the severai
lots or parcels and made matter OF
record on the books of the taxpayer
to the end that any gain derived from
the sale of any such lots or parceis
which constitutes taxable income may
be returned as income for the year in
which the sale Is made. This rule con-
templates that there will be measure
of gain or loss on every lot or parcel
sold, and not that the capital In the
entire tract shall be eXtinguished De-
fore any taxable income shall be re.
turned. The sale of each lot or parcei
will be treated as a separate tranSAc-
ton and gain or loss computed accord
ingly.'
ENTRY of the National Association
of Real Estate Boards into active
work for modification of income tax
regulations was occasioned by the
crisis which appeared to be precipltat-
ed in the business of real estate SAFE
on a time payment basis by decision
of the United States Board or lax Ap'
peals in the case of B. h. Todd, Inc:
0. r. T. A., 1922. in decision iald
down shortly before the present law
was framed. in which it was held That
there was no authority In the revenue
act of 1918 for reporting income on
the installment plan. The acts OF 1871
and 1924 negatively permitted me use
of such an installment-plan.
"Cains made in the situation In re
gard to subdivision and sale Of real
estate as affected by the 1925 income
tax law and the ruling so far laid
down by the Treasury Department Tor
it's administration are summarized by
Gen. MacChesney as follows:
~. The installment plan OF report
ing income has now been affirmatlveiy
and retroactively recognized in the
statute. thus nullifying the. effect OF
Evening star., 1926-09-25

the decision of the board of tax ap'
peals in the case above mentioned.
20. The deferred payment plan in
the selling of real estate not on an in
stallment basis continues to be recog-
nized oy the Treasury regulations
"Handicaps remaining in the adjust
ment of tax returns to actual time. and
amount Of receipt of gains he points
out as follows:
-. The arbitrary rule in the law
that all payments received in the first
year following a sale are to be consid-
cred as part of the initial payment.
.. Failure to be explicit in the
language of the new ruling in regard
to the circumstances under which the
obligations of purchasers will be con-
sidered as having no fair market
value
Difficulties I'm Classification.
difficulties and dangers found in
the present wording of the 1925 rev.
enue act itself are pointed out in de-
tail in the joint brief through citations
illustrating the trivial circumstances
which now determine whether a given
sale Is entitled to be classified for pur-
poses of tax return as an installment
sale.
Examples are as follows:
"A let sold on the very common
basis of 90 per cent down and | per
cent monthly, if sold in July. would
be treated as an instaliment sale If
no more was paid thereon prior to
the close. OF the year than called for
by the contract, since +he total paid
would be 25 per cent. Should the
customer, however, decide 20 pay Two
manths' installments in December
the total payment within tho year
would be 26 per cent. and the sale
Evening star., 1926-09-25

could not be reported on the INSTALL
ment. plan.
Sales made on the same terms
prior to July could not be treated as
installment sales IL all payments had
been made as called for by the con-
tracts If customer closed con-
tract on June 80, and made all pay
ments when due, the total received
during the year would he 96 per cent,
and not entitled to installment tlassl-
fication. If the same customer delayed
his last payment one day, making II
on January 9, his action would re-
duce the amount received by the
seller in the term Of the taxable year
so as to throw the sale into the
installment classification.
"If the plan of sale is such that
monthly payments instead of helng
applied entirely to the reduction 'oi
principal, as in the foregoing exam
Piles, are instead applied first to the
payment of interest and then to the
reduction Of principal, plan which
is in perhaps more general use than
the one from which the examples are
drawn. the further complications
which arise in determining the status
Of individual sales are self evident
II ne association COuHSef poliieS ou1
that the only course open to SUB
divider in order that he may be GER
tain OF coming within the provisions
for reporting his income on the in
stallment plan is TO make sales on
such terms that the payments called
for within the taxable year of sale
do not exceed % per cent of the
selling price, either varying the terms
so low that sales made in the first
month Of the taxable year will fall
within the limit. and then u refuse
Evening star., 1926-09-25
Income Tax Ruling, Just Out, Affects
/. Real Estate Sales on Installment
CONTINUED from Seventeenth Page.

tContinued from Seventeenth Page.)
khe vendor are to be considered as the
equivalent Of cash to the amount of
their fair market value in ascertain
eng the profit or loss from the trans
action
THE text Of the new ruling on this
point is further. as follows:
IF the obligations received by the
~endor have no fair market value, the
payments in cash or other property
having a fair market value shall be
applied against and reduce the basis
Scf the property sold and if in excess
tpf such basis, shall he taxable TO the
kxtent of the excess. Gain or loss is
Realized when the obligations are dis
bosed of or satisfied. the amount be-
Ing the difference between the re-
Huced basis as provided above and the
emount realized therefor
While the provision does not limit
Hte application in regard TO obligations
Received by the vendor to evidences
hf Indebtedness of the purchase, but
he SO broad as to include any obliga-
kions, it is unsatisfactory in that K
Dontinues the use of the words 'fai,
market value rather than the phrase
Rreadily realizable market value,
IOCOUlIlSnUcu DS lIIS <ASSOCldlIOIl, diiu
Il fails TO include any definition Of
what shall be considered as standard
Df fair market value, as the assoCia-
Hion had requested.
THE association had proposed that
abligat tions received by a vendor
khould not be considered to have fair
market value unless they can be ordi-
harily disposed of by the taxpayer un-
der ordinary commercial usage at a
discount not In excess Of 10 per cent.
The term fair market value lacking
explicit definition, remains a vague.
Intangible property of certain classes
of evidences of Indebtedness. often to-
tallv impossible of determination, and
nearly always. in the final analysis,
representing no more than n hap
hazard opinion.
Two Cases Cited.
Two types Of cases of deferred
payment sales will fall into the clas SIS
here discussed. those in which the
first payment is in excess Of 2o per
cent of the sales price, and those in
which the initial payments'--that IS.
the total payments received within the
taxable year in which the transaction
occurs-exceed % per cent OF the sale
price.
The new regulations further pro-
vide that in the sale of land Subdivfd-
ed into lots there shall be reported the
measure of profit on the sale of each
lot from the time sales begin.
The language incorporated into the
Evening star., 1926-09-25

years are .concerned-not even an
impractical one. We are not prepared
to express an opinion at this time re-
garding the right. of the Commissi ner
to reopen the cases of taxpayers for
years which have been examined and
ostensibly closed. hut any other tax
payer must file amended returns for
all years affected.
Evening star., 1926-09-25

to accept payments not due. Such
course is manifestly impracticable.
But of more immediate Importance
the brief states, is the fact that the
provisions of the 1926 act ere retro
active to January |. 1916. and II
the subdivider who mas sold property
on the installment plan during the
past several years is helpless victim.
He has no remedy so far AS hose
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-01-17
Streets Laid Out With Care.

The streets have been laid out scien-
tifCaly. and even trees and plants
have been selected with care. Gov.
eminent experts worked many Years
testing the hardihood of various exotic
plants and eliminating those unable To
live. There have been exhaustive tests
a. To wind. climate and soil. When
The construction Of permanent build
ingS begins. each building Will face
the correct Way. and he placed on the
best site Ton convenience and beauty.
The present CamberI;i. however. is
far from this ideal. Officials will find
il rather an urdeal-after the luXuries
OF Melbourne. Canberra Will have q
population of about 1000 at once
With rooms and facilities for. only
about half Of this number.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-01-17
WAR OVER CAPITAL
SITE
Rivalry of Australian Cities
Leads to Founding of New
Government Center.

Rv the Associated Press.
MELBOURNE. January 16.-With-
in the next few months the capital of
Australia will he lonely town Of
wooden buildings hastily erected to be
come the center of political and social
life of a large country.
The lealuuSieS OF the larger cities OF
Australia Melbourne the present
capital: sydney. Adelaide and Bris
hane-haNr led To the vast underta X
ing of founding new government
center far from any of them.
Capital Site Chosen
The fight for the capital was carried
on by the large cities for many years
until Just before the war. when il was
decided Ia build the city of Canberra
in New South WateS as the future
capital of the country. Temporary
wooden buildings have been erected to
house the Parliament. the governor
general the prime minister and most
Of the government offices. Officials
will have To rough" il at Canherra
Tor several years while the permanent
city is being built.
The prospective capital has been
planned with great care The site Sc
2 healthy and beautiful city. II will
II" laid IN natural green basin. some
of the surrounding heights reaching
5000 feet. The basin itself is 1000
feet above sea level. cool and wind
swept. 1t is g04 miles from Sydney,
400 miles from Melbourne and 912
miles from Brisbane. far enough from
the nearest city 10 maintain an indi-
Si1rIa lif,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-01-17
M,bo,,tzant neUs
hyaU hwueIeu
to Es,ybe

TWO of the finest ships
l. afloat-the President
Harding and the President
Roosevelt-are now Ameri-
can type Cabin (one-class
ships. Without sacrificingthe
roominess and comfort for
which they are famous, the
passenger capacity has been
slightly increased and the
minimum rate reduced from
500 to S145. They take
their place as the fastest cabin
ships on the North atlantic.
Oil burners boci1.
Nearly all rooms are out
side. There are wide veranda-
likedecks, intimatetea rooms,
coy smoking rooms and
spacious salons. No first ard
second class distinctions. You
have the freedom of the ship.
Thus, with the alreadypop-
ular America and Republic,
the United States Lines nov
operate four of the most
modern cabin ships to
Europe. They are your own
ships and offer you the type
of one-class service most pre-
ferred by Americans-a
service unsurpassed for COM
fort, cuisine and moneyvalue,
no matterwhat price you pay.
Get complete information
about rates and sailings from
your local steamship agent,
or write the address below.
Moke reservations early
Evening star., 1926-12-03

Just for this sale. gorgeously
fur-trimmed and embroidered
Dress Coats and smart novelty
Sport Coats-choice of black and
all colors and stunning plaids.
Some Leopard lined.
Evening star., 1926-12-03
the value Of a big crop below that of

the value Of a big crop below that of
a little crop"
Otis Wingo, Fort Smith. Ark, senior
member Of the House banking and
currency committee. declared that the
measure providing for renewal Of the
Federal Reserve charter had been
tackled on to the McFadden bill to
distract from this bills features in
tended to spread branch banking into
non-branch banking territory. The
Hull amendments to this act, he said,
give national banks relief from State
branch bank competition in all States
where such competition exists. Pres
sure to eliminate the Hull amend
ments, he said, is an effort to pass
legislation to authorize future
branches Of national banks in States
where there Is no branch banking
Evening star., 1926-12-03
COMMUNITY PROGRAM.
East Washington Will Entertain at
Center Tomorrow Night.

East Washington Community Cen
ter will present community program
with motion pictures. in N" aras|o
rum Of the center. New Eastern High
School, tomorrow evening at s o'ciocA
to which the public is invited.
The pictures to be shown are
through the courtesy of the Pan-Amer
ican Union. Three reels will be given
of travels in the province Of Entire
Rios, Argentina Following the pic
lures there is to be a dance in the
gymnasium of the center.
The pictures for next weeks pro
gram will be presented through the
courtesy Of the United States Signal
Corps
Evening star., 1926-12-03

J. Kelly, former assistant District at
torney here; Ralph E. Updyke Of In
diana and Capt. Joseph D. Brewster
Of the Marine Corps.
A car which Eurton was driving
ran into another car which was
parked on the reservation roadway
and beside which the two men killed
and two injured were standing. Testi-
mony was that the car was un-
unlighted. but that one Of the men
around 1t had a small flashlight. The
accident caused the death Of Pvt. Will
liam ]. Ormon and Wilbur A. Buch-
man and the injury to Pvt. Earl Scott
and Wallace AFFORD.
Evening star., 1926-12-03
MARINE is ACQUITTED
IN KILLING OF 2 BY AUTO

Marine Gunner Charles H. Eurton
was acquitted Wednesday by q gen.
eral court-martial sitting at Quantico.
on charges growing out Of an auto.
mobile accident September 16 on the
marine reservation. in which two men
were killed and two injured.
Eurton was charged with being un-
der the influence of liquor and there
were two charges of manslaughter.
He was represented by Attorney Frank
Evening star., 1926-12-03
BROOKHART URGES
CREDIT REVISION
Holds Farmers Should Have
Cooperative Banking Sys-
tenn to Cure Ills.
~ the Associated Press.

CHICAGO. December 3.-A COM
plete cooperative credit system, with
cooperative reserve bank all under
the control of the farmers and labor
Ing people themselves, was advocated
By Smith w. Brookhart OF Iowa as a
solution OF what he called the greatest
farm crisis in American history, in an
address before the Cook County Real
Estate Board.
The farmers are in their unenviable
plight. he said. because Of high cost
Of transportation, high cost Of credit,
manipulation Of credit against the
farmers interests and the fact that
the farmer must sell on a world
market and buy on a protective
Must Control System.
With indirect discrimination against
them by the banks, railroads and
Government tariff legislation" he
said, "the farmers cannot find relief
until they control their own credit
system. This can easily be accom-
plished by amending the intermediate
credit act and giving It the functions
OF the cooperative reserve, with all
the power Of the Federal Reserve, and
then giving the country banks per-
mission to become members of II.
However, the farmers cannot sue
cessfully organize a cooperative sys-
TEN to control marketing of their own
products under the laws as they now
exist. This Is true because any CO.
operative system must have a COM
plete cooperative credit system as q
foundation, yet such a credit system
IL prohibited by law.
Government Must Supply Funds.
When the cooperative system is
organized. since the farmers have con-
troll Of no financing system, 1t is abso-
lltely necessary that the Government
supply the funds in the first instance
to handle the exportable surplus of
crops and prevent it from reducing
Evening star., 1926-12-03
Travel Jobs Open
Only to Boys Who
Plan Life at Sea

Youths hoping to spend their va
cations in getting travel education.
and paying for it by working as
deck boys on U. s. Shipping Board
ships. will find this opportunity
barred in the future.
The board has issued an order
which will permit employment in
such positions only to those young
men who are desirous Of following
the sea as a career. In many in
stances in the past, school boys
have been given employment to
the exclusion Of those who really
want to 60 to sea.
Evening star., 1926-12-03
500 GIRLS DRESSE

One-piece or coat
models of fancy fan
mel and wool mixed
cloth, braid and silk
embroidered trim
med; contrasting col
lar and cuffs.
Evening star., 1926-12-03

Youthfully styled dresses of
finest satins, silk, crepe and
cloth in every color and new
models.
New Britain herald. [microfilm reel] (New Britain, Conn.) 1890-1976, 1926-01-05
Miss Sidoti Is Bride
OF Joseph Mucciacciar0

The wedding of Joseph MuCCiaC-
,jaro of Bristol and Miss, Ernestine
'onCettina Sidoti of 176 Washington
street. took place yesterday morn
ing at . o'clock at St. Mary's church.
EoN. Walter T.yddy offiCiated. Miss
Ida e. Cavarra of Hartford WAS
maid of honor and the bridesmaids
Wcrc Miss GcneNiove HodziaCh. Miss
Anna GoZzo OF Winsted. Miss Viola
SpHync and Miss Anna Anthony.
Nichacs Sidoti of Hartford, brother
Of the bride. was best man.
Tho bride was attired in u gown
Of white chiffon velvet. Her Veil was
trimmed with orange blossoms and
she carried q bouquet OF roses and
niles Of the valley. The maid of
honor wore green georgettc trimmed
With beads and black hat. Her
bouquet was Of yellow tea roses. The
bridesmaids gowns were Of yellow
georgrtte and they carried bouquets
Of yellow chrysanthcmums.
Following the ceremony a recep-
lion was held at the brides home.
Mr.. and Mrs. MucciacCiaro left on a