MIXED CAR SHIPMENTS

combining dimension lumber, timbers, studs, industrial clears and plywood

Reduced freight charges, simplified unloading and receiving, and smaller and better balanced inventories are advantages that come along with mixed car shipments from Snellstrom Lumber Co.

In one car from a single dependable source you fill your requirements for lumber items and plywoods such as Texture One-Eleven, 2.4.7 panels, sheathing and interior and exterior sanded grades.

By ordering in frequent mixed cars, individual items may be limited in quantity, and inventories remain well balanced with fresh. salable stocks.

Let us quote you on a mixed car shipment of your lumber and plywood requirements. Write or telephone.

SNELI.STROM TUMBER CO.

P. 6. Box 449, Eugene, Oregon tWX EG 3O44-U lelephone Dlsmond 2-t l4l

Tax Depreciation

(Continued lrorn Page 39) for depreciable assets used by business in general:

Office Furniture, Fixtures, Machines and Equipment --- .- l0 YEARS

General-Purpose Trucks Under 13,000 Pounds 4 YEARS

General-Purpose Trucks 13,000 Pounds and Over .....---.... . 6 YEARS

Railroad Cars (except those owned by railroad companies) ---..-----.-- ----- 15 YEARS

Tractor Units (over-the-road)---- 4 YEARS

Trailers and Trailer-Mounted Containers 6 YEARS

Vessels, Barges, Tugs and Similar Water Transportation Units .-.-----. 18 YEARS

Special-purpose structures, which are an integral part of the production process they house, may be depreciated at the same rate as the production equipment itself.

Agricultural machinery and equipment used in forestry enterprises (other than Iogging and sawmilling) are given a 'oguideline life" of l0 years by the new rules,

The new guidelines may be used by businessmen "as a matter ol right and, withow question by the Interm.I Reuenue Seruice lor a period, ol 3 years," the Treasury announced,

After that initial three-year period, the taxpayer's replacement practices must conform with the depreciation claimed-or at least show u trend, in that direction.

The Treasury emphasized that the guidelines are not intended as minimums. Depreciation periods shorter than those set forth in the new regulations may be used-provided they reflect a company's existing or intended replacement practices, or in the event that a firm has previously demonstrated its right to use the shorter periods.

One of the most important advantages of the new regulations is that they should re- duce haggling between tax agents and company officials ovel what constitutes reason' able depreciation allowances. The new procedure also includes do-it-yourself rules telling businessmen how to claim even bigger deductions than the guidelines specify if a company's purchases of new equipment outstrip its write-ofis of old property.

The new guidelines recognize to a greater extent than former regulations that a piece o{ machinery or equipment may outline its economic usefulness long before it wears out physically. In this connection, the new procedure gives the taxpayer wide latitude in making his own best estimate of useful life.

The Treasury estimated that the new rules will boost depreciation deductions by corporations in the lumber and wood products industry 14 per cent the first year. Treasury officials said this would reduce the tax liability of these corporations by some $20 million.

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