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HALEY BROS.
SAilIA iIO}IICA
P. O. Box 385
Monufocturers
Stock ond Deroil Flush Doors
CRESCE}II BAY DOORS With Microline Core
THE WEST'S FINEST FTUSH DOORS
The front seat can accommodate two persons, the rear seat one. Lou' gear one to 12 m.p.h., high gear one to 45 m.p.h. Four eyelets for tying on pack-g1 a deer, if you're lucky enough to get one. Light weight but rugged, weighing only 128 pounds. For further information, contact Pahnini Engineering Corp., 3156 N. San Gabriel Blvd., South San Gabriel, California. Telephone: CUmberland 3-6M7.
Wotch Soles fcrx Collections!
Retailers have been warned by the California State Board of Equalization that when discounts are taken and allowed on prices, the sales tax reimbursement charged to their customers must be ad-- justed accordingly.
In an interpretation of its ruling adopted in furtherance of a change rrracle this year in the tax law, the Board reminded retailers that they are now prohibited from retaining amounts collected as tax reimbursement in excess of the taxes that they must pay to the State. The Board said that it had learned of instances in which discounts had been allowed but the tax reimbursement had been collected on the elrtire sales prices before discount. This was described as contrary to tlre law. By way of example a $100 sale, subject to a2O per cent discoullt, was cited. Tax reimbursement was figured at 4 per cent of the gross price or $4, but the $20 discount was subtracted from the retailer's taxable receipts so that he paid only $3.20 to the State, that is, zl per cent of $80.
In its bulletin to the retailers, the Board told them that under such circumstances the 80 cents of excessive tax reimbursement would have to be returned to the customer or the retailer would be required to pay the amount over to the State on the same basis as tax regularly due. The bulletin concluded by saying that a retailer cannot deduct from his taxable receipts the amount of any discounts that have been
Sold Through lobbers to lumber Yards Only
"We think we make REAI D00RSnot just everyday doors " allowed and taken unless he has allowed his to that part of the sales prices represented customers to apply these by tax reimbursement.
Monthly Lumber Fqcts
Douglas fir region sawmill production, orders and shipments for March have been reported by the West Coast Lumbermen's Association.
The weekly average of West Coast lumber production in March was 160,513,000 b.f. or 101.2% of the 1957-61 average. Orders averaged. 754,420,@0 b.f.; shipments 166,408,m0 b.f.; weekly averases for February were production 156,404,@ b.f., 98.6% of the 1957-61 average; orders 154,503,000 b.f.; shipments 143,258,000 b.f.
Three months of the 1962 cumulative production 1,949,466,@0 b.f.; three nronths of 1961, 1,905,867,000 b.f.; three months of 196A,2,233,641.000 b.f.
Orders for three months of 1962 break dorvn as follows: Rail and Truck 1,474,430,000 b.f.; Domestic Cargo 351,613,000 b.f.; Export 83,271,0W b.f.; Local 74,139,WA b.f.
The industry's unfilled order file stood at 504,303,000 b.f. at the end of March, lumber inventory at 1,105,323,000 b.f.
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