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The Huron Expositor, 1973-04-12, Page 10Editor's Quote Book question.,'Who ought to be host?' is' like asking `Who ought to he tenor in a quartet?' Obz.,iously, the man who can sing tenor." ,--Henry Ford Wheelbarrow 31 x 23%* wide seamless steel tray -2q cubic ft. capacity. Disc wheel with puncture proof semi-pneumatic tire. , • Plastic hand grips. 9 .98 Cyclone Spreader 40-lb. hopper capacity. Tough plastic rotary agitator; die-cast gears. Hi-impact plastic wheels; 8" tires. Automotive- type enamel finish 1 9.88 16" Lawn Spreader 251b. capacity. Adjustable feed. Serrated agitator blade. Rubber-tired disc wheels. All-metal construction. Baked enamel finial 3 cu. ft. Pick-Up Cart Axle-action tipping for ground-level loading of fill, clippings etc. 181/2 x 30 x 111/2 " deep. Rounded edges. All steel body. Rubber tires Ballast-Type Roller 14 x 20" drum. Heavy-gauge steel. Beveled edges to prevent sod-tearing. 13 .45 (Uses water or mind). HEAVY-DUTY 18 x 24' DRUM 21.95 13.95 'So-Green' Peat Moss Balanced forma- High organic la; keeps lawns. content. as shrubs, plants Cu. R. .0 healthy.6.99 2 cu. ft , 2.211 4 cu. ft 3.51 Vigoro Contains Urea- Form-Nitrogen; organic base. 35-lb. 4 .79 Grass Seed 'Gro-Koted' for Fast growing- fast germination. in sun or shade. 4-1b. bag. (10001-1b. gq• 3.69 .1. ftr .99 feet) 4-lbs. .... 1711 Pruning Saw Pruning Shears Double edged Hardened steel • Chrome-plated tempered steel curved pnvs;851. anvil-type with blade; D-grip overall with red push-but. blade handle. plastic . ..2fx lock. 8' ft .69 18' long 3 19 grips. -u7 overall. ai r•41't Hedge Shears Forged steel 6" Fully Polished blades; thumb- 10' blades; pow- nut adjustment. er lever action. Hardwood .19 23' long n .9-5 handles. a overall. Lopping Shears Wallace Power-Lever action features dual pivots for more power and less effort. Du Pont Teflon-S coated blade *tared hardwood handles... and adjustable anvil; lac- 7 .98 YeAIN ft ..A A rs -10,A Border Fences- By Rubbermaid. Fold for storage. With 4 galvanic- Rust-resistant ed steel stakes. wire. 18' high x 10" high, on 10 ft.IA 10ft. long `up long. up Green transpar- ent vinyl hose. Sheet brassI99 couplings. I 6.78 Fan-type.Good quality bamboo; 18' wide. For leaf, liwn 4 raking. 19 Converts from shrub to 18" gar- denflawn rake. 15 tines.A As) 63"long. Curved design; rugged forted steel teeth. Wooden 99 handle. Strong forged steel; htrdwood Shank with 1)- handle. l '•••.4 Spade Cultivator . Dutch Hoe 61/4" wide milled steel blade and enameled head; hardwoot" - - handle. 3 .49 7" Hoe 4-Tine Fork Forged steel head Ideal for spading with 7' blade, etc. Steel tines, lacquered hard- smooth wood rngle. 1 .89 UZI. 3.69 • YpF Forged steel blade; sturdy hardwood D- handle. 3-prong forged steel head and sturdy hardwood handle. 1.89 52'iong. •••• Mag eff4 "A 414." *. • ti; '..ot", Ii 50-ft. Hose Le4 Rakes Tooth Rake Shovel VATR0,1 vs= 0.1 Get garden-grooming for better blooming lam y. • Xi:. • • ,:;.*:xixii$ . . • .... • ••••• si 4110 cprinomn/ trinnomii TIR E TIRE /4gingsagessemoniimpmin Fred W. Tilley Ltd., Seaforth Mae your Canadian Tire CREDIT CARD - EXTRAi Cbs1 and Curry soNUs.coupoKs FERTILIZING •„:„„„.3:0 •em. Skips Walked too slowly: applied too much Spill where refilled Avoid burn: watch air temperature 40* 60-80 85°4 Soil more moist here- • "THE FORGE" 527-0443 NOW OPEN 7 DAYS A WEEK STANLEY CUP SPECIAL: While They Last HOCKEY CARDS 5c per pkg. Ladies Don't Forget WEDNESDAY NIGHT BILLIARDS ,HURON EXPOSITOR, GRAMM, ONT., APRIL. 12, 1973 26-oz. COKES 30c (Deposit and tax included) • • Displaying their projects for Educational Week at HuronCentennial School are: Albert Stryker, Phillip Packman, Peter Payne and Laurie Henderson. (Staff Photo) WEDDING INVITATIONS THE HURON EXPOSITOR PHONE 527-0240 SEAFORTH tTA,MES ROSS MURDIE James Ross Murdie, 77, of Seaforth died suddenly on Satur- day at the home of Mt. and Mrs. John Kerr, James street, where he resided. Born in McKillop Township, he was the son of the late Mk. and Mrs. Michael Murdle. He farmed in McKillop Town- ship until coming to Seaforth In 1947 where he worked with Super- test petroleum Co. and later as a member of the staff of Sea- forth Community Hospital. He was a member of North- side United Church, of the session of the church, . and Britannia Lodge AF and AM. " His .wife, the former Rita Casson, died 12 years ago. The body was at the G.A. Whitney funeral home where funeral services were held Tues- day with Rev. M.E. Reuber of- ficiating. Temporary entomb- ment was in the Pioneer Mauso- leum with burial to follow in Maitlandbank cemetery. pallb earers were R.S. Mc Kercher, Cliff Broadfoot, Alex Kerr Wm. Dalrymple, Wesley Roe, JohnMorphy. Flowerbearers were; John Kerr and Lorne Dennis. MRS. JAMES A. HAY Mrs. James A.- Hay, 84, of Egmondville, died Wednesday at Huronview, Clinton: She was born in Hibbert Town- ship, the former Lucinda bath. Drake, a danghter .of tie;" late Mr. and Mrs. Edwardpralce. Her husband, James, died 10 Years ago. Mrs. Hay was a member of Egmondville United Church. Surviving are a son, Lorne of Wensall; three daughters, Mrs. Helen Pepper, Niagara Palls; Mrs. •ClaYton (Margaret) Horton, Seaforth; and Mrs. Calvin (Mar- Jorie) Horton, • Clinton; one brother, Henry Drake of Maid. toba; five grandchildren and four great grandchildren. The remains rested at the G.A. Whitney funeral home where a funeral service was conducted on Saturday by her minister, Rev. T.E. Hancock. Pallbearers were: Jack Mc Kay, Wilfred Coleman, Andrew Houston, Les Oliver, Gordon Mc Gonigle and Mervin Nott. Flowerbearers were; Jerrold Horton, Donald Horton and Linda Hay. , Temporary entombment was in the Pioneer Mausoleum with burial later in Maitlandbank cemetery at Seaforth. Depreciation Most farmers have filed 'or will be filing income tax returns shortly. Because of recent 'changes in the Income Tax Act, the way in which farmers file for depreciation allowance is im- portant. If you have been using the ',straight line" method for depreciation, stay• with it on all assets purchased before Janu- ary 1, 1972, ,says pofessor G. Hutchison, Ontario Agricultural College. Using the straight line method McGregor Top Quality BEEF Government Inspecte5I Whole Half . Beef Beef 860 g7c, Cut and Wrapped Quick Frozen Free Delivery Within 10 Mile Grant McGregor Phone 2627 5839, important to the savings become evioent when the asset is old. There is no tax payable on an asset if it is sold for its V-day value; if it is sold for more than its' V-day value, tax is payable at half the amount as for capital gains. 'This' will .have con- siderable effect on a sale of farm buildings and machinery neit year or 20 years from now. With the ',declining balance" method, such a sale will result in tax payable, (similar to that for cattle inconte), on the difference between sale price and the undepreciated allowance up to the original Cost. Anything over the original cost is subject to capital gains tax, similar to the tax applied to the straight 'line' method. If a farmer switches to the declining balance method, the depreciatiOn rate is usually dou- bled; however, this high rate is on the undepreciated portion, not the original amount. For exam- ple, a $10,000 tractor deprec iited• at 15% on 'straight line allows $1,500 each year. If you claim full depreciation for 4 years and then switch to the declining balance method, the depreciation base - would be $10,000 - (4x $1,500) - $4,000. At a 30 per- cent depreciation rate, the al- lowancetere. would be $1,200 the first year and reduce' steadily from h Trade-in transactions will also be affected in a, similar manner. Suppose 'a new "tractors., priced at $6,000 is purchased with a trade-in allowance of $2,000. If the old tractore had been on "straight line", the de- preciation base would b $6,000 at 30 percent, or $1800 the first year. However, the same tractor, on the declining balance method would have a depreciation base of (6000 - 2000) $4000., At 30 percent,. there would be' only a $1200 allowance, a difference of $600 in the first year alone. IL your tax returns are filled out by accountants, 'they may change your depreciation to the declining balance method. Once your straight line assets have been switched, they are lociced into the declining balance me- thod. OnCe your straight line farmers assets have been switched, they , are locked into the declinging balance method. Keeping two sets of depreciation schedules will re- quire a little extra work, but the rewards justify the time. Ask to amend your return if you have already filed using the declining Mince on assets purchased be- fore December 31, 1971. "Finance Minister John - Turner's prdmise to amend the tax laws so capital gains tax is postponed on farms transferred within the family during the far- mer's lifetime is a triumph for farmers," says Gordon Hill, President, Ontario Federation of Agriculture. Mr. Hill,. a Varna hog and white bean farmer from, Varna, adds, "the members of parlia- ment,' and Mr. Turner himself,. should be congratulated for ac- cepting the advice of farmers . and their organizations." The Ontario Federation of Agriculture has been working through the Canadian Federat- ion of Agriculture for this amend- 4-H club SFAFORTH I 4-H ThO '"Sewers of outdeboard Wimp held their 4til) meeting at McPherson's on April 4th. Pam Degroot read the minutes and Jane Ribey modelled the top she is making SO it could be fitted. , " Binding, rolled edge trim, lapped band, and metred neck- band were demonstrated by eight different members. Handout sheets were given out and lunch served. Joanne Degroot thanked Mrs. McPherson for the use of her home. Correspondent Mrs. Johh Templemiuz ment since capital gains tax was first instituted in 1972. Mr. Tur- 'ner's February budget proposals called for. the taltzfree transfer of a family farm do at the death 41 of the donor farmer. BA farm organizations opposed this as a half-measure that would impede estate planning. "Farmers need the proposed. amendment so that we can make • - intelligent estate plans, and pass our farms on to the next gener- ation," Mr. Hill said. ""we have been working to. gain the support of the govern- ment and members of parliardent.• Their backing of the farmers' position is essential to bring this amendment before the House." 0 BI 711 A R What happened? Grass roots grow where fertilizer is - NOT to it! Even thin layer or infertile soil can stop root growth. Mr. and Mrs. Bruce Hood, Hamilton visited recently with Mrs. Bruce Eaton and' family. Mr. and Mrs. John Temple- man and family visited Sunday with Mr. and Mrs. David Gapling, London. Miss Susan Norris spent the weekend with Miss Patricia Jar- muth, Brodhagen. • Mr. Jim Norris, Judith and Gary, Brampton visited. Sunday With Mrs. Sam Norris and Mr. and, Mrs. Bob Norris and family. Mr. and Mrs. John Miller and family visited Sunday with Mr. and ' Mrs. Eugene Willard and family Exeter. - Mrs. Lloyd Miller visited Sunday with her mother Mrs. Robert Duncan at Huronview. Minister promise to amend 'tax laws Forgot to shut off on turns. Hopper running low. Each fertilizer is different: note the color; thickness, rooting strength after 2 months Iron holds chlorophyll molecule together: use added-iron fertiliZer if in iron-poor area. Nitrogen is the key to growth.