Cottonwood Chronicle Newspaper, January 7, 1921, Page 3

Your Dollars will go further at LEGGETT’S S$ GG Now for the January Specials LADIES’ SKIRTS .......... RiP OT nnn ann ssn snes ne een cwencnnesocanggevepigg HALF PRICE MMII TI na isssesisnicstncsesennseinvesencinniioenall HALF PRICE LADIES’ MUNSING UNDERWEAR .................--.---.------- HALF PRICE HOUSE DRESSES ........ RS a ictasest chess enta eae HALF PRICE SG GS Many other bargains. Come in and see for yourself LEGGETT MERCANTILE The store where you and service meet 2 We Wish You One and all a Prosperous and a Happy aie ear Cottonwood Milling & Elevator Company Ltd. Eat More Bread--It’s Your Best Food | tion I doubt whether we can afford it.” COTTONWOOD ‘CHRONICLE GEORGE MEDVED Issued Every Friday and entered at Postoffice in Cottonwood, Idaho as second-class mail matter. Subscription one year $2.00 Six months 1.25 (Strietly in advance) Copy for change of ad must be hand- ed in by Wednesday to insure change _FRIDAY, JANUARY 7,1 untall WANTS, FOUND AND FOR SALE FOR SALE — Full blooded white Leghorn hens and pullets. T. Clark, the junk man. 51-4* FOR SALE—Good timothy hay in the barn. J. W. Wil- liams. 50-tf FOR SALE—A White sewing machine at a bargain. Inquire at this office. 52-tf FOR SALE—Registered Short horn bull. J. W. Williams, six miles east of Cottonwood. 2-tf FOR SALE—Wood heating stove at a bargain. Call at this office. 60-tf FOR SALE—Dry 16 ineh wood get it while it last. T. Clark, the junk man. 51-4* FOR SALE—Modren bunga low, lot and a half, good location, garage, strickly modern plumb- ing. Inquire at this office. 2-tf FOR SALE—One hundred and sixty tons of hay and 480 acres of good winter grass, or will take 200 head of stock to winter by the month. Write or phone. C. H. Wright, Joseph, Idaho 51-tf FOR TRADE—Will "trade al piano in first class condition for | a good milk cow. C. A. Johnson, Cottonwood, Idaho. 50-tf FOUND—On King street out- side rim for automoble head light.. Inquire at this office FOUND—Indian blanket be- tween Ed Nelson farm and Den- ver. Owner call at this office 1 LOST—Poland China boar, 8 months old Has little white in face and on side. Finder notify John F. Knopp. 2-tf WANTED—Job of any kind. Hotel work preferred. I. W. Putnam, Cottonwood, Idaho. 2* WANTED—To lease 180 acres of early grass land. Plenty of water and close in. For part- iculars see John Johann. 2-4 ESTRAYED—From our place about two weeks ago, one black hog. Casper Wensman. 2-tf Moving an Audience. “A successful speech carries the audience right along with It.” “Yes,” replied Senator Sorghum. “But at the new rates of transporta- At the Ciub. “How far have you proceeded ip your discussion of intimate domestic problems?” “We have just gone through the trousers pocket matter.” Quite True, “When my friend presented the bogus order to the theater, he charged he was deliberately tricked, and there passed the lie.” “Yes, and thers also lied the pass.” Seeds and Berries. “People have various names for | money. One man will speak of fifty seeds, another of fifty berries.” “Yes, and some make money produce while others merely consume it.” Beyond Worry. “Barker boasts that he can trace his ancestors back to the Pilgrims.” “Well the Pilgrims are dead and won't fee! it.” GOST OR MARKET INVENTGRY BASIS Important Concession Is Made On Income Tax Returns. Washington.—Merchants and manw facturers may adopt “cost or market, whichever is lower,” as a basis for val- uing their inventories for 1920 inconre tax returns under regulations issued by the.bureau of internal revenue. The regulations also provide that the dif- ference caused by ghey Wee | during the year may be deducted in arriving at the value of stock. — Secretary Houston and officials of the internal revenue bureau were with- out estimates as to the difference in revenues which may result from valu- ation at “market” rather than “cost.” The belief was expressed in some quarters that the difference would run into many millions of dollars. Inter- nal revenue bureau officials explained that the law permits of a choice of basis and under present conditions “market” reflects more accurately the state of business conditions. To re- quire inventories at a cost higher than “market,” it was added, would be to put a tax on investment rather than on income. : Inventories of taxpayers on what- ever basis taken will be subject to in- vestigation, the revenue bureau an- nounced, and taxpayers must satisfy the bureau of the correctness of the prices adopted. 2-| WILSON SIGNS MINING BILL Washington. — President Wilson signed the Ashurst mining bill, grant- ing an extension of six months on the time in which the 1920 assessment work on mining claims can be done. Under the old law the holder of mining claims would have had to ¢om- plete $100 work of assessment work by midnight Dec. 31. Although the time is now extended, holders of the mining claims must file notices with county recorders showing that they claim ex- emption under the bill which became operative at once. Hundreds of mining claims in the west are affected by the measure and senators and representatives from that section haye been overwhelmed of late with telegrams asking as to what ac tion was to be taken in the matter. IRISH HOMES ARE BURNED Governor Orders Reprisal Because of of Ambush of Police. Cork, — Seven houses in nearby towns and their contents were burned by the military as a result of an am- bush of the police near Midleton, it was announced. The story was relat- ed in a statement issued by military authorities. “As a result of an ambush of the police at Midleton and near Glebe house,” it stated, “the military gov- ernor decided certain houses in the vicinity should be destroyed, as inhabi- tants were bound to have known of the ambush. “A notice was handed each house |: holder stating why the houses were hy destroyed. Each resident was given an hour to remove valuables and the houses were then destroyed. Nothing apart from the houses and the furnt- ture was destroyed.” Former German Chancellor Dies. Berlin—Dr. Theobald von Beth mann-Hollweg, German ex-chancellor, died after a brief illness, on his eatate at Hohenfinow, near Berlin. Dr. von Bethmann-Hollweg was chancellor of Germany from July 4, 1909, to July 14, 1917. Valera In ireland, Says Secretary. New York.—The mystery that for several weeks has surrounded the whereabouts of Eamonn De Valera president of the Irish republic, was cleared up here when Harry Boland his secretary, announced that De Valera is in Ireland. Meredith's Order Halted by Junction. Kansas City, Mo.—A permanent in junction was granted in the United States district court here restraining the seoretary of agriculture from en forcing his order restoring the war time commission rate for handling livestock. ; British Press Wants Navies Limited. London.—Insistence on the desir ability of restricting naval armaments and the holding of a conference on the subject by the United States, Great Britain and Japan has been renewed by London newspapers. Two-Cent Fare Law Unconstitutiona! Des Moines, la—lowa’s 2-cent rail road passenger fare law was held t be unconStitutional by Judge Martis J. Wade, of the United States districi « errpseit 3} aed. Sa le ae. DR. J. E. REILLY DENTIST Office, Nuxoll Block Both Phones DR. C. SOMMER Graduate License VETERINARIAN Residence North end of town Both Phones KNIGHTS OF PYTHIAS McKinley Lodge No. 38 Meets every Tuesday evening. Bert Schroeder, C. C. Harry Campbell, K. of R. & 8. POSSOOTSE PTH. Loo. F Meets every Satu: evening in the I. 1. OO F hall Sojourning Odd Fellows : “invited =. Carl Rehder, N. G. Leo Hanses, Secretary COTTONWOOD POST NO. The American Legion COTTONWOOD, IDAHO Meets the first Wednesda: each month in the I. O. FELI” MAKTZEN Real Estate, Loans, Fire and Life Insurance Insure in the Northwestern Mutual and saye 35 to 45 per cent on your insurance. JOHN REILAND CONTRACTOR & BUILDER » Estimates furnished on any class of Work. Repairing promptly done. Rooke Hotel Has neat clean rooms at 50c and 75c per night or $3.00 to $8.50 per week. When you are in Cottonwood give usa “Dad” Rooke, Prop. NOTICE OF STOCKHOLDERS’ MEETING. Notice is hereby given that the annual meeting of the Share- holders of The Cottonwood State Bank, Cottonwood, Idaho, Tuesday, January 18th, 1921, at 10:00 o'clock A. M. purpose of electing a board of directors and transacting any other business that may comp before said meeting. Dated this 31st day of Dec- ember, 1920. M. M. BELKNAP, Vice President & Secretary. PUBLIC NOTICE. Is hereby given, that at William Heh ranch, 15 southwest of Cottonwood, I County, Idaho, I will sell on Ji 17, 1921 for pasture bill the lowing d animal: uy henge, 2 years old, u 00 youn no other marks "Thies mal came to my pee about 12th day of 52-4* $ bab: