ASHTOLA--MARTIN
Larry Green and Jason went to Amarillo Tuesday with
Gene Hommei and Mrs. Todd Knorp and children.
Eqdora Joy:or from Amarillo spent Sunday through
with her mother and sister, Mrs. Ollie Nelson and Mrs.
Koontz.
Irene Gray of Medical Center Rest Home spent the
with Mr. and Mrs. Vance Gray.
and Mrs. Wendle Cumbie and girls from Amarillo spent
night with Mr. and Mrs. Clovis Bible.
and Mrs. Glynn Helton visited in Letoa, Kan., with Denny
and Brad over the weekend.
and Mrs. Claude Porter and children from Lovington, New
spent Saturday night with Mr. and Mrs. Benny Clay.
and Mrs. Nuford Dill made a business trip to Pampa
Harold Green from Phillips visited Mrs. Austin Rhoades
Center Rest Home Monday and both had lunch with
and Mrs. Hubert Rhoades.
Jerome Doerrie and Jennifer from Booker came to visit
weekend with Mr. and Mrs. Horace Green and family.
Hollman from Beaver, Okla., is visiting a few days with
and Mrs. Bryan Knowles and boys.
Dana Perdue from West Texas State University spent
night with Mr. and Mrs. H. S. Mahaffey.
and Mrs. Frank Mahaffey and Hugh visited in Hedley
Steer
This
Way
By Roddy Klinnert
only one tire? Buy the same type you have now. One
tire could cause an uneven ride.
**st**
station owner across from a businessmen's lunch
over tires In the restaurant purking lot. When
worn fires, he leaves a note under the windshield
offers to put on new ones during another lunch hour.
, Mich., decided the '72 model ears were
good .- so he bought three of them, two to store
the first wears out. Figures three will last his lifetime.
start, with cold motor use as much gas as four miles
drivIng.
new brakes on new ear or an old one, to allow new
Sunday afternoon with Mr. and Mrs. Lon Harmon.
Mr. and Mrs. Gone Nelson from Childress visited Sunday
afternoon with Mrs. Ollie Nelson and Mrs. Bonnie Koontz.
Mr. and Mrs. Hubert Rhoades made a business trip to
Memphis and visited Doyce Graham, who is in the hospital
there. Hope he is better at this time.
Gale Gray from Farwell was home for the weekend.
Mr. and Mrs. Nuford Dill visited with Mr. and Mrs. Jess
Bridges in Memphis Saturday.
Mr. and Mrs. Larry Green, Mrs. Jerome Doerrie and Jennifer
and Rocky Tregellas were guests at noon Sunday in the Horace
Green home.
Mr. and Mrs. ethel EUiott visited Sunday afternoon with Mr.
and Mrs. Darrell Leffew.
Mr. and Mrs. Joe Leonard of Allenreed had supper Friday
with Mr. and Mrs. Clovis Bible.
Mr. and Mrs. Doss Finley made a business trip to Amarillo
Wednesday.
Mrs. Jerome Doerrie and Mrs. Horace Green attended a
meeting of the High Plains W.P.C. Monday evening.
T. B. Nelson from Amarillo visited his mother and sister, Mrs.
Ollie Nelson and Mrs. Bonnie Koontz Sunday.
Mr. and Mrs. Clyde HeRon from Clarendon had supper
Saturday night with Mr. and Mrs. Glynn Helton.
Mr. and Mrs. Bernice Porter and James from SkeUytown
visited with Mr. and Mrs. Benny Clay Sunday afternoon.
Mr. and Mrs. Lloyd Reid from Claude visited Saturday
evening with Mr. and Mrs. Nuf0rd Dill.
David Bradshaw from Claude, on leave from the U. S. Army,
spent the night with Jerry Green Saturday.
Will see you all next week.
Farmers can save taxes
Many opportunities to reduce or defer paying federal income
taxes are available to farmers, says a Texas Agricultural
Extension Service economist.
"Cash farm income often fluctuates greatly from year to year.
Good financial management includes leveling taxable income to
reduce or defer taxes,;" explains Dr. Wayne A. Hayenga. "Since
this year is an unusually high income year for many Texas
farmers, quick action can help reduce the 1973 tax bill."
The first step in year-end tax planning is to determine where
the farm business stands now, explains the Texas A&M
University System economist. Good records make this job" much
easier.
First, total this year's income and expenses up to the present
time. Next, estimate and include expected transactions for the
rest of the year. Then, compute depreciation for buildings and
equipment. Using these results, estimate the taxable income.
"Depending on your findings, you may want to buy more
supplies or sell less than you planned before next January 1,"
says Hayenga.
"Farmers using the cash method of accounting who need to
reduce taxable income should consider buying fertilizer, feed
and other supplies for use next year. Buying fertilizer now may
be an especially good move, since higher prices and tighter
The Clarendon Press, November 15, Page 9
Agriculture big in Texas
COLLEGE STATION -- "Agriculturally speaking, we've got a
lot going for us in Texas. We've got a diversified agricultural
industry that continues to grow to meet the increasing demands
of consumers in this state as well as the entire nation. So, it's
appropriate that we look back occasionally and reflect on the fine
job our agricultural producers are doing," says Charles Baker.
economist for the Texas Agricultural Extension Service.
"That's why the month of November is dedicated to farmers
and ranchers and the quality of products they produce as well as
to the other people who make agriculture what it is in Texas."
OfficiaUy, November is being called "Food and Fiber
Appreciation Month."
Just how big is Texas agriculture? a'
Agriculture In all its phases--called agribusiness--adds more
than $10 billion annually to the Texas economy. And
agribusiness provides employment for about 30 per cent of the
Texas labor force.
Here are some additional striking figures.
Gross farm income in Texas in 1972 totaled $4.7 billion, up 13
per cent from the previous year. However. expenses increased
almost 23 per cent and totaled $3.8 billion. Thus realized net
farm income was only $847.4 million. 19 per cent less than in
1971. But a boost in farm inventories put the total net farm
income at 28 per cent above that of 1971. or about $1.4 billion.
How does Texas shape up with the other major agricultural
states in the nation?
Total agricultural receipts continue to increase each year as
the state is drawing a bead on the Number 1 position. However.
it is still surpassed by California and lowa in the national
rankings.
Texas is the leading state in cattle feeding and is the top
producer of cotton, grain sorghum and rice.
What does all this point to?
DONLEY
COUNTY
"We're big in agriculture and we're going to get bigger,"
contends Baker. "Loth domestic and foreign markets are
opening new frontiers in the food and fiber production business.
and we in Texas must continue to expand production and to
improve our efficiency to meet these increasing demands."
"What
a
fire!"
The winter season means an
ncrease in fire losses. Do not delay in
having a review of your fire insurance
to be certain of adequate protection
for today's inflated building costs.
WALT KNORPP PH. 874-3521
MARKET PLACE
. _ - [ -III
MISCELLANEOUS ]
MISCRLAMEOUS FOR SALE I
FOIl $k[ II
KIRBY SALES & SERVICE
NEW & USED
BILL HOLMES
BOX 573 -:- PHONE 874.2454
CLARENDON, TEXAS 79226
lInings to fit themselves properly to the drums or disks, supplies are expected next spring." FOR SALE: Hi-Gear, and cane, 4,4p4,o.oo
***** Purchasing needed machinery, equipment and breeding half and half. Two miles south of 0
FOR SALE: 1969 Olds 98. I Jl I[ II I 0
, . animals also helps reduce taxable income, points out the 55,000 actual miles. Would Ashtola, 2 miles west, and 2 0 IVIUMI'iI .*
)u re doubtful about the safety of your brakes, come to
,'s 66 for an adjustment. Get what your ear needo -- and economist. In most cases, farmers can use the 20 per cent consider trade. Call 874-3898 south. W.R. Kelly.
me--atreesonable prices. -- additional write-off the first year and can also use the investment t SAND & GRAVEL
after S:00 p.m. ;
***** " tax credit.
trait. _ < Money spent for conservation, land clearing and land forming O
is deductible, subject to certain limitations. Such expenditures FOR SALE: One large gas I.. 0
FOR SALEtUsed 50,000 floor
heater Call 3768
-- -- may not only save taxes now but may also be an excellent furnace_Excellent condition. " " ualty Building Materials
, dL am
I[]l[ll[]ll[! 1151 I[ TM qlb"h long-term investment. " complele uarantee. Seq att g . e " 0
Illll
In n n II Ill I[ Delaying crop or livestock sales until after January 1, 1974 Osburn Furniture, Clarendon, L l Using top quahty materials ,
ntu U U UU may help reduce taxable income. Crop sales can be delayed by Texas. IFOR SALEtNew and usedl 0
......... us!rig a deferred payment contract or on-farm storage. |furniture. TM General Stere.It Back-hoe servme avadable. *
’J, h/:JfL 'Remember that the objective of income tax management is
|Phor/e 874-2155. I $
IwBI .,.lt4al wlr,/ffa4P& not just to minimize taxes, but to maximize after tax profits,"
.41 Otl.__J points out Hayenga. "Do not sacrifice farm profits by making WANTED = " a7a qgnn '
[Jg4f ( " unwise purchases and sales just to reduce your 1973 taxes by a FARM FOR SALE: By owner 4) Phone ...-.-.,,,.,,, t
.. -- ..... few dollars. Where a choice exists between a wise tax decision , ._ 160 acres in Windy Valley Area,
MAURICE S POODLE BOUT! 0 v
Ane,) H,ghwoy 2B/ East I and a good business decision, choose the alternative that will 352-4371 for appointment. No don. Underground irrigation 4b J :ours a uay ,.
aUK 2729 Woiflin, Amarillo 10 miles Southwest of Claren- ,al L ...... J__ ,
t-1 / '!" m produce the larger income after taxes. " ' "
.larenaon, texas
. I[ The Internal Revenue Service or the local county Extension ...... water available rtas cotton and 4,o,t,.,,
t
tran qutltz:ng. Sc:ssor fmtsh. . _ . .
rt. I office has additional information on income tax management, Will do Standards. gram allotment. Presently m
= II adds the economist. CAP program, if desired.
, . $25,000 total price no trades y 00pplA----l"
P M `-:-:-::-::--::-::::::::::::::::::::::::::::::::::::::::::::::::::::::: WILL BUY anythmg of value. *"
,o; Cnarend on Cattle Co., Inc Cai13351913after6pm
Lee's Trading Post. _ " " Ra larlce Service
' WANTED From the C! -- -- - General Electric Franchise Dealer
: . arendon LEFT IN LAYAWAYtEiectrn- Haatina and Air Conditionina
area young attractive ladies, age phonic Component Stereo with tat,, ,,.,,f',,', l ,,b,,, ^# At,, t^4lhm| ..
d to n 20-30 for cocktail waitress work. Built-]In Player AM-FM Stereo vvu llVil=;l Ctll ii111o un 1/ tMlllltlVl,slnl
oileg , . Starting pay $2.00 per hour. Pat Radio, G'Turn Table, 200, Freezer and Refrigeration
.ary w or Room Lounge, 5609 Amarillo Wttts, 10 Speaker System. Service & Relairs
cworld, ft# e’o BoulvevardEast. Experience OriglnalPrice:$399.9S. Auume r , .^v "
not necessary Call Jan after 12 00 tJ r nPt., uvv,u=s
behe . Balance of S245. or S10.00 " "
ed,:s boo* bu J - ' $" " a a ' #f$t" p m. days for detailS.wANTED: Maid to work in montidy. Payments at Martin's, Sound Con:e,, cerw C, eor &.40, Am=title, Yew. Clarendon, Texas 874-3801
al servia
h as re# Motel. Will furnish room with ;
ihe give .
dents, f0
II-DaiSe]
he wi.
pent W-,j
working]
xked as c
ought .
ton io 1
ching be
trs of te$
er MaRie
to CI=#
ce, with
librad
getableS'
usic fat,
:e has
)rghU'
FINANCING AVAILABLE!
See us for any of yourcattle needs,
The market has just about stabilized
Buy light cattle and stay in the business.
/
Wehave a limited number of good, young stock cows,
Age guaranteed.
ut s
See or Call CLARENDON cATTLE CO., INC.
d I've
neste$ d ,
arch.i',,-j , Wmlam M. [Bin] Porter 874-3314
00aaBaln 8C00t::m92r 4D.;000dlGUIll 874.230(5
Moore. Stoe ards 87
kitchenette. Call 248-5051 WHITMAN COIN FOLDERsS
Groom___._2__ ____2"
WOODY MRAW no offers
everyday Free Dead Stock Jefferson Nlckel
Removal. Call collect at
806'373-4780, Amarillo. Re- LincoLn Memorial Cent
presenting Plainview Rending
Div. of Tri-State lnds. Lmcoin-- Cent
FOR RENT: Three room
furnished house, adults only.
874-2324 days. 874-3543 nights.
The most economical way to protect and classify
coin collection. Folders open fiat, close to book-size for
convenient storing. Each folder Includes a page of data
pertaIning to the coins it holds.
FOR RENT: Furnished apart-
ment, private bath, dressing
room, kitchen, large closets,
air-conditioned. Blocker Apts.
FOR SALE
Housm In Clarendon
and Memphi
Aisc Fmm and Rmachm
Listings Wat!
SANDER'S
RI ]antste
Onota Sander=
874-2533
A Guide Book of United States Coins
27th Edition - 1974
By R. S. Yeoman
The well.known Red Book Is the standard retail value guide for all
U.S. coins, with up-to-date Information on private, state, and
terrltorini gold Issues, silver and gold cemmemoratlves, and proof
coins as well. A wealth of Important background information is
provided on the historical development of United States coinage.
$2.50
TH CLARENDON PRESS
_=_-_ Clarendon, Texa _
