Illinois News Index

McHenry Plaindealer (McHenry, IL), 31 Aug 1973, p. 11

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Illinois Wheat Allotments For'74 Triple This Year P \«.r: I I l ' l . \ l \ l ) K Al . i l t K H I D A Y . A K i l s t : h . "MEANWHILE BACK AT Illinois wheat producers' allotments for 1974 will be about three times the size of (heir 1973 allotments, ac­ cording to Milton M. Hartman, jr., chairman of the Illinois Agricultural Stabilization and Conservation (ASC) com­ mittee. Hartman said 1974 allotments will be based on the national allotment of 55.0 million acres, announced Aug. 16 by Secretary of Agriculture Earl L Butz, and that individual allotment notices will be mailed to farmers in a few days. The allotment represents the number of harvested acres of wheat, based on the estimated average yield, which would result in production equal to estimated domestic and export disappearance in the 1974-75 marketing year. The allotment does not-restrict the amount of wheat that can be planted. Secretary Butz announced the 1974 wheat program shortly after the four-year Agriculture and Consumer Protection Act of 1973 was signed into law, Hartman said, noting that the Secretary said the program is designed to encourage all-out production. Hartman listed the following 1974 wheat program details: New to the wheat program is the target price feature. If the average market price of wheat is at or above the $2.05 per bushel target price, the producer will receive no payment, Hartman said. If the price average is below the target, the producer will Theresa word far the kind of woman who has control trf everything but her money Dumb. You may know her. The confident working- girl who's making it on her own. She has a nice apartment, stylish clothes, good taste in wines. And no savings. She should discover the Payroll Savings Plan. It's simple to sign up at work. After that, an amount she specifies is set aside each payday and used to buy U.S. Savings Bonds. With U.S. Savings Bonds, it doesn't take long to build up a healthy nest egg. Which means she's ready for anything from unexpected emergencies to an exotic vacation. The Payroll Savings Plan--a smart way to stay in control. Tcike . stock . m^menca. Buy U. S. Savings Bonds Now C Bond! pay lauratt »bw M* U Mlultly otiymn, 10 month. (4% Uh *fM Mr) Boada raplaaad If loat, atoiaa, or Jaalraya*. Whaa aaadad tkay can ha Makad al your bask. lolaraat la aal aubjact la Hata of loaal laooma Urn. iW Maral laa may ba drfarrad uatil radamptlaa. T«a u. S Qovafnmant doaa not p»y lor imi advarliiamant. II ia pr.ivnl.d ii S C.E* » it"- C. in cooparttlon with Th# Dapartmant of tha Tr»«ur> *"0 Th* AflvO'tii.na Council. COIN-OP DRY CLEANING SPECIAL AUGUST 29 thru SEPTEMBER 7 SAVE M-CLIP THIS AD Get 8 lb. load Reg. Price 2.50 For 'I 50 30 Minutes Per Load ATTENDANT ON DUTY AT ALL TIMES AIR CONDITIONED-FREE COFFEE TRY US - YOU WILL BE PLEASED Full Service Coin-Operated Laundromat & DryC leaning SOUTHGATE Fabric Care Center 810 N. Front St. (Rt. 31) McHenry, T H E C O U R T H O U S E " receive the difference between the target price and the average price received by all farmers during the period from July through November 1974. There will be no preliminary payment, Hartman said. Any payment due will be paid after Dec. 1, 1974. If the five-month average price falls below the $2.05 target, a producer would be paid on an amount of bushels determined by multiplying the farm allotment times the projected yield established for the farm by the county ASC committee. As announced earlier, there will be no set-aside requirement for 1974 and there will be no conserving base requirements for the four-year life of the 1973 act, Hartman said. And, for the 1974, producers may substitute any annual non- conserving crop or a cropland conserving crop used for haying or grazing in order to preserve their wheat allot­ ments and to make them eligible for any payments under the target price feature. Crops for which a marketing quota is in effect are, of course, excluded, Mr. Hartman added. Loans will be available to producers on their 1974 crop wheat at a national average of $1.37 per bushel, an increase of 12 cents over 1973 crop loans. The requirement that processors purchase cer­ tificates valued at 75 cents per bushel on each bushel of wheat processed for human con­ sumption was eliminated by thjj 1973 act, Mr. Hartman saidf~ BRANCH COURT Associate Circuit Judge Thomas Baker Ernest Castillo, 5313 W. Cleveland, McHenry, guilty of theft under $150 fined $25 and costs. Associate Circuit Judge Leonard Brody Larry Oonk, Ringwood, charged with theft over $150, case nolle prossed on a motion by the state's attorney. John Byra, 4501 Hickory way, McHenry, charged with three counts of battery on March 24, found not guilty. COMPLAINTS Officer William P. Johnson of the Spring Grove Police department charges that on Aug. 21, Michael J. Flasch of 101 Kohl avenue, Spring Grove, committed the offenses of disorderly conduct, resisting or obstructing a peace officer and purchase or acceptance of alcoholic liquor by a person of non-age. Bond set at $1,025, court date Sept. 6. Patrolman Rixson Perry of the Richmond Police depart­ ment charges that on Aug. 17, Michael Flasch of 101 Kohl, Spring Grove, committed the offenses of possession of cannabis and possession of controlled substances. Bond set at $2,000. Al Mapes, manager of Spurgeon's Department store, charges that on Dec. 16, 1972, Patricia A. Jackson of 5209 Amby lane, McHenry, com­ mitted the offense of deceptive practice in that she did intend to defraud said store by delivering a check drawn on the First National bank of Liber­ ty ville, knowing said check would not be paid by the depository. Bond was set at $1,000, court date Sept. 10. Al Mapes, manager of Spurgeon's department store, charges that on Nov. 21, 1972, Maxine F. Mahal, 3302 Pleasant, Wonder Lake, committed the offense of deceptive practice in that she did intend to defraud said store by delivering a check drawn on the McHenry State bank, knowing said check would not be paid by said depository. Bond set at $1,000, court date Sept. 10. Officer Duane R. Lange of the McHenry Police depart­ ment charges that on Aug. 24, Solomon F. Cichocki, Jr., of 151 Greenfield, Crystal Lake, committed the offenses of disorderly conduct and resisting or obstructing a peace officer. Bond set at $2,000, court date Sept. 6. Police Tickets The McHenry Police department issued the following tickets this week: Mary J. Freund, 1715 N. Riverside, McHenry, speeding 35 in a 25 zone. Mary B. Pintozzi, 3717 W. High, McHenry, speeding 40 in a 25 zone. Vincent J. Sullivan, 124 S. Kenilworth, Mount Prospect, speeding 37 in a 25 zone. Glenn L. Hayner, Route 1, Round Lake, speeding 50 in a 30 zone. Margaret M. Lima, 4319 Riverdale, McHenry, speeding 35 in a 25 zone. Mary A. Costigan, 1508 M i l l s t r e a m , M c H e n r y , speeding 35 in a 25 zone. Mark J. Freund, 1715 N. U.8.1n<« • r .c t r r f 1 . *e-Tv \ 0"W-0 e;isuryDep^ SEW WHAT? THIS WEEK'S PATTERN S By A u O R f * l This column of questions and answers on federal tax matters is provided by the local office of the U.S. Internal Revenue Service and is published as a public service to taxpayers. The column answers questions most frequently asked by taxpayers. Q. What's the difference be­ tween a regular IRS audit and your "unallowable items" pro­ gram? A. Under the IRS "Unallow­ able Items Audit Program," certain errors on Federal in­ come tax returns are identified and corrected during return processing at IRS Service Cen­ ters. The items corrected are the ones that are clearly not deductible and are unallowable by statute, such as dividend Riverside, McHenry, speeding 35 in a 25 zone. Daniel H. Ambrose, 5019 S. Wildwood, McHenry, speeding 42 in a 25 zone and driving while license revoked or suspended. John W. Koch, 1508 N. Flower, McHenry, speeding 50 in a 35 zone and unnecessary noise (squealing tires). Walter Truszkowski, 2211 Beachside, McHenry, speeding 44 in a 30 zone. John A. Conrad, 10106 Old Orchard, Skokie, speeding 42 in a 30 zone. Daniel E. Wills, 2225 Winona, Chicago, speeding 42 in a 30 zone. Paul Y. Moy, 12411 Elliot, Park Ridge, speeding 46 in a 30 zone. Cindy D. Zickur, 933 Willow, Dundee, speeding 48 in a 30 zone. Dean L. Hamil, 607 S. Barreville, McHenry, no valid driver's license (unlicensed), exclusions in excess of the amount allowed by law or fail­ ure to reduce medical expenses by one and three percent of adjusted gross income. A regu­ lar audit involves an examina­ tion of the taxpayer's books or records, while the correction of an unallowable item is simply a step in the processing of returns. However, a taxpayer who is contacted by an IRS Service Center concerning an unallow­ able item has the same appeal rights available to him as un­ der other audit procedures. Q. My son is a full-time stu­ dent and is earning a lot of money from his summer job. If he earns more money than I spend for his support, will I lose his dependency exemption? A. The "support" test of the dependency rules is not keyed to how much your dependent earns or how much income he has, but to how much he spends on support items. For fleeing or attempting to elude police officer, no valid registration, vehicle equipment violation and reckless driving. William A. Meath, 3718 Waukegan, McHenry, speeding 40 in a 25 zone and driving in violation of restricted driving permit. James P. Grabowski, Jr., 301 N. Hill, McHenry, improper starting. John J. Valdez, 545 Adeline, Addison, fictitious plates. example, if your son banked his earnings instead of spend­ ing them on support items, they would not count towards his support. Likew.se, if your son spent his earnings on a non support item, such as a car, that amount would not count towards his support. These considerations and others are explained in IRS Publication 501, "Your Exemp­ tions for Dependents." Your son can plan his finances sc that you will nd ir.se his de­ pendency exem/ii ... J he hr •' let is availal1.- oy mail your Interna ..venae district office at n ' arge. Q. I subscribe to a daily finan­ cial newspaper to keep an eye on my investments in the stock market. Is the cost of the sub­ scription deductible? A. Yes, such fees are deduct­ ible as income-producing ex­ penses on your return if you itemize. 10-18 Smart Style Not ice the pret ty seaming and round neck l ine on th is smart l i t t le dress No 3187 comes in s ixes 10 to 18 (bust s izes 32 to 40) Size 14 takes 3' /a yard of 39 inch fabr ic Cuddly Pillow PUNCH LINE O F T H E W E E K FOLK'S MTH A LOT OF ARE: POU5HER Your ch i ld wi l l love th is cuddly rab i t do l l p i l low I t s tands 13 ' /? , n ches h igh and Pat tern No 720 con ta ins inst ruct ions for the making Send 5Oi for each dress pat tern, 30f for each needlework pat tern (add 15g for each dress pat tern, 10 i for each needlework pat tern for mai l ing and handl ing) to AUDREY LANE BU REAU, Morris Plains, New Jersey 07950 FOR THOSE WHO WANT AN EXCELLENT RETURN FOR THEIR MONEY 73/4% $25,000 PER ANNUM DEPOSIT $1,000 ... 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