The evening world. Newspaper, January 4, 1921, Page 10

‘On NOME TES NO BUSINESS MEN ae lay Adopt as fnventory Basis Actual Market clue of Goods To-Day. ; qr PAUD WARNING GIVEN.| Prosecutions Unless as Scheduled. i By David Lawrence. {Special Correspondent of The Eve- H ning World.) WASHINGTON, Jan. 4 (Copyright. _ Them. —Busivess, H. Gets Same Benefit of Prices | the penas. of hose prices "the nd dif sel) his goods a: those ty. | | Public 4 smatt price, becouse that helps to | Bear the pricos at which he inven- men throughout the ruling and will be more than anxious United stator are breathing casier as {0 five the publicthe benetit of re. = result of two decisions by the! thie tungshe merchants will not have urea Should there he » ulserepa between win come tax return sald. was the mar- | Kel price and w the pudlie actn- ally palé ji Gov alder the difference a pit evidénes of fraud and will pr ulfenters, WHAT THE ACTUAL COST MAR: | KET PRICE MEANS. Ket orice according | matertat we ine smecute to Governn tem merchant of After all, that is the pri competitor ould have to pay for the sine kind of goods if he had no stock va hand, and there will be piency of nstancer of this kind on Income returns whidi UW enuble ernment to teil whother the whe gods on hand properly his goods, It is naturally to the interes of the | merctant to show on hie income tx return that his goods have shrunk to diminiah the size of the profits on | wirich taxes are paid. But if the Gov- ernment doesn’t find the merchant selling te the public at somewborc | torted, a charge of fra tered and the incom: be held up and al! #0’ Cons would silat, On the other hand, Government of- [fetain anticipate tit tmsiness in| general wil! obey the npirit of the | a wil) he en- turn will 8 of enmpiica- duetiona, heenuse in taking loaner at MOTHER OF TWO. MISSING A WEEK renin ATTACKED BY ea FROM N. J. HOME ‘WOUNDED COP GETS owonisiinanin ‘ Dazed and Bleeding From Cut on Head, He Clings to Prisoner Jersey City balla a police hero to- day In Patrolman Joseph Chimieiew- eki, who single-handed fought eimht youths alleged to have attacked him, and although dazed and bleeding from a sealp wound six inches long, nucveeded in arrestin three, Late fst night he saw four girls jeater the printing shup of ,tohn Sit- | verraan at No. 242 Wayne Street and investizuted. As he reached the dour the «irls rua out. Entering, he wan attacked by the cight ywths, sume with monitey wrenches, He drove them out, and selaziug two tried SIN JERSEY Ciry were held in 61,600 bail each by Judge Driseol| in the Second Criminal Court | on a charge of asaawiting Policeman , Chilleiowaki, The policeman’s head was ewathed In bandages when he ap- peared in court, DEAF BLIND BRIDE WEDS DEAF MUTE deaetons, |Marriage Service Interpreted by Touch and in the Sign Language. BOSTON, Jan. &—A marriage in| | which the service had to be Interpreted to both the bride and groom, occurred here yrateniay when Edwin W. Frisbee, a deat mute, ‘married Miss Cori F. rocker, who is deaf and plind. Wiltam Alcott, managing ¢ the New Mingland Home for Deaf and Mra, Ruasoll A. Fifbba of Ni cuardian of the bride, prefers, As the minister read the ritual j aleud panh sentence was repeated to the bride and groom by touch and sign language. Mr. Frisbee ts senior member of th Rear! of Trustees of the nome, and Miss" | Crocker has Ived there for’ the past year | Obregon, I. Gores om Vacation. MUXICO CITY, Jan, 4.—Physictan: attending President Obregon are con cerned over hia health, and have ordered him to take a complete rest Asa re Harriot Deoan\| 557, Fifth Avenue sxctas WEDNESDAY A SALE that sets new low prices Sacrificing entire collection Distinctive DRESSES for. all occasions 1 FURNITURE | Cash or Credit} | OPEN EVENINOS THLE & you Just come standards of this shop—thus offering values without a parallel on Fifth Avenue. tive of the State, Ia the sole beneficiary of the $500,000 estate of his late wife, Bleanor T. Beeckman, under her will, whioh baa just been offered for pro- hate. probably win by contending that the} One theory given credence by the ‘The Treasury took the matter un- 4@ adviseront and has ruled that S88 tAken by the Government were | police, ts that Mra, Baynes may have under the law it was permissible for not legal firms to adopt aaa basis for inven-| tory the actual market value to-day Pr. Rade! rived. Both were taken to City Hos- pital, and after Chimtelewski's wound had deen dreseed, he went out and caught Nicholas Griffe and Guarani, Just as he got them to the station he | ‘ to reach a signal box. : i pie ext din ae “ad ‘Treemury Departmen to pay = much money to the Govern aj _jmult, the Prosident left this tty yester- For the purposes o: ws extraordinary even i bought new say be { 5 tment With reference | ent in tagre ‘end may indeed in 5 One of them, Ralph Grito, twenty: | aay atternoon for a vacation at neviga! we have divided our complete collections | bet in our warehouse stor- 46 income taxes, but they should bear many Instances have more omeney aren one, of No, 262 Wayne Street. he al-| days In the State of Michoaoan, which tete apa Of the following ppg ely Hin mind @ warning wbich officiate of! 4IVidually than they had ‘a year |Police Believe Autoists Ran Down | pages. tried to choke him ond Nit him | has a more galivorinus otmate than the gro : Bae al Gioia et ie Government are expreming in. | OF. but by clearing thei shelves and ind Hid Body of Mrs, Ruth with x wrench. Me clubbed him and | ass , Pe Crosstown tare ' Tbformally—csmely that unions the pub- low prices. :he way will oe paved faves . had drugged him to the box and mig~) | ly Tae Cruel Striking Reductions “RooM HARTER goa 4 if me see's benefit af the sume prices fot the purchase of new fronds at ‘ f « nailed for help when, he allezes, his peor low cost prices making vossible re he New York pollo are aiding Mm|prether, Nicholas Griffo, fifteen, and | s. = afe put on income tax blanks e p pretie ROME, Jan. 2.—Anton Grossich was j There wil be prosssutions for frud, (gimine of reas ratée profits during ithm seareh for Mra. Ttuth Baynes, |Tony Guarunl, eighteen, of No. 196 [eovaay clksten trovisloeal ‘Goreeset” Formerly up to Formerly up to Formerly up to ra ‘The ruling of the ‘Treasury Depart-, The ruling of the Treagury is not |{Wenty-five, of No. 1 Ann Street, / wayne ‘Street, tried to rescue him.| Fume by the Communal’ Counct! of | $75 $95 $150 1 ment is bound to relieve business mou MIternalistic. Tt is no sudden onvburst Harrison, N. J, missing from ber! Nienot he suys, felled bim with o/ that city. The council ratified the con- } everywhere, tor thousands of thea | croreia tion Ly Ha eee ind home sineo inst Tuesday. Mra. |nlow on the head with a wrench, tn- Yention recently concluded at, Abbuats NOW NOW NoW 4 ‘1 pretation 0! revenue law. as, Whe t ff al Ot aietiae the Maly wound. 2 twoun representatives of Ttaly and > protented by kiter and. telegram Leet eaperts Mruned it out that une | ne Whe le tho mother of two /aicting che deuly woud, and Ralph | git aly an % against existing regulations and jlexs the Government permitted firma |CPidren, left her heme at 7 o'clock | man = | ‘ 4 ¥ ‘srmued that in view of the abnormal wt une p Tuesday evening, to visit ber muther Climielowski Qred at Rulph, bring- | Wife's 8500.00 i 4 wonditions they should be permitted | in Medics cisey (it ah need ae East Orange Sho left there (o/ing hin down. and they were strug- |e eORS, R. fe sein ey ; | mmey that wae no vil Peatecicaid y ' al SAL eeaP tae | Boeckman, who relinqulahes his oMce 4 é i a wav to charge this yeor's 1onses | ally ea’ Ail basinene hodses could | ores Come Bt $65, and has not'tecs jeling op the aldewsih for the Poloo~ | ce ate wears ae Ciél Runcu- Every mode! contorms to the high fashion ¢ againet last years business. rconteet the ruling in the courts and |*e2 or heard from since. man’s ceyolver when the reserves ar- | 4) f whieh of course 18! been knocked down by an automobile — Jand ber body hidden by Lronbard Dead to Brestna, | bilists, who feared detection. automo- BEESEAT Jan ter Rudolf] Whe missing young matrc és CWenpaisat nena af the goods on hand, This means NA i young matron is de-| fainted and was sent hom: That the Government will not exact onhard. Professor of Law at the) goribed as 6 feet 4 inches tall und| Ralph Griffo Is in City Hospi srolesanr to Columbia Unie | Weighing 145 pounds, with « light hair jwith a bullet in bis right tur) Me om income money that is really not Exchange earned, and the effect of the ruling | yersit ‘on business in general should be ex- wholesome. TERMS OF RULING TECHNICAL | AND COMPLICATED. _ “Because the terms.of tho ruling are | technical and rather complicated. It ‘can dest be understood by an flins-| ork, died here to-day ete of Doctor of Law Dr. Leonhard by Co- and blue eyes. When last seen she|and the others are chanced had on a green coat, black and white | atrocious assault and battery hat and gray shoes and stockings Nicholas Griffo and ‘Tony Guana! with lumbta in 19 OPPENHEIM. GLLINS & © ‘34th Street—New York On Special Sale Wednesday B Ae, Q protgct your health—and icin D asekat: -book as well If @ merchant had on hand $5,000) of goods on Dec. 31, 1919, or, | any rate, if tn bis income tax he told the Government ‘he had $5,000 In goods in stock, item ip used as a basis for the ‘Thus if in 1920 he bought em goods tor $19,000, the total of 7,000 would represent the value of | gods ordinarily, but in view of fact that in most instances the prices have fallen below ac- cost a merchant is permitted to ‘what is the market value of foods on Hind, in this instance that have shrunk so that the mar- . value of the goods is only $8,000. | } * merchant therefore can deduct | ie $8,900 from $17,000 and the remain- ‘| dat of”39,000 becomes the cost of his | | Retds. Thon if he recelved $10,000 his goods during the year, his) profit’ on which taxes would | would be the difference be- the cost, $9,000, and the sales, | or $1,000, Similarly, if his! receipts were only $7,000, he! “ subtract it from the cost of $9000 and show a léss of $2,000 and ‘pay no taxes whatsoever. + @ho important factor, therefore, in Qhé! ruling is the market price. What the term mean? Every mer- will have to make his own. en- ‘Naturally, if he thinks the price is much lowef than his cost he is able to show that goods have cost him a great deal that bis profits from sales are 500 Women’s ADISON AVENUE + FIFTH AVENUE, NEW YORIX Thirty-fourth Sireet Thirty-fifth Street Corduroy Lounging g Robes : Formerly Sold to — 975 Wide Wale and Brocaded Corduroy in full length and bréakfast Coat models, Silk or Mull lined through- out. Cherry, Turquoise, Rose, Copen and Wistaria. OPPENHEIM, CLLINS & G 34th Street—New York Shoes To Close Out Wednesday 1200 Prs. High Class Shoes 22.51 For, to-merrow (Wednesday) Extraordinary Valuc in Women’s Afternoon & Street Frocks $29.00 This remarkable offering will include Frocks of velveteen, crepe de Chine, satin, georgette and tricotine. Tlie styles are new, the workmanship is all that cam be desired. (Por that unhealthy CONDITION OF THE SCALP. with that constant teasing, tic lng sensation which becomes almost intolerobleuse TAT for immediate relief and effective cure. pure beyond question from poison, SK YOUR DRUGGIST it the Government will exercise | a check on the “market price” | and wil) investigate and compare all Glamses of returns so as to discover what the prevailing prices were ~ At Any given period. If it should be that a merchant on his fnééme tax return maid the market of 50 many articles was such such a price, the Government See if fhe merchant actually gave | Sizes 34 to 44 bust (Women’s Ready-to-wear Frocks, Third Floor) ' Women’s Silk Jersey Petticoats in black and colors For Women and Misses e At Less Than Cost 9,00 15.00 Shoes....5.90' ' 12.00 t 20.00 Shoes....7.90 Various styles in black and Mat Kidskin, Tan Calfskin and combinations of Patent Leather and black Suede, brown Kidskin and brown and black Satin.. Hand turned and welted soles. Military and Louis XV. heels. ‘ Shoes Also on Sale in Our Brooklyn and Newark Stores With sho Talcum ‘After shaving. with cure way, Cuticurs Tal uc septic: lactic, it 38 soothing Bie moet iender'skins osuae Hy Grade Clothes on ic apt. 25% Off. will be om sale to-morrow (Wednesday) Becta aakinat Soap te, Ulntcnent nnd tne, ure Sea) specially priced at $5.85 & 7.75 The Petticoats priced at $7.75 are extra sizes (Women's Petticoats, Second Floor)