814-Unc«st«r Farming, Saturday, January 31,1987
Top Bidder Pays 1,225 For Grand Champion Shawl
HARRISBURG - National
records were smashed to
smithereens as Rich Brandt farm
Real Estate of Reading, Berks
County paid $1,225 for the grand
champion shawl during the Fifth
Annual Pennsylvania Sheep to
Shawl Contest, held at the Penn
sylvania State Farm Show Wed
nesday night, Jan. 14.
Three thousand visitors cheered
on as Brandt doubled the previous
record of $620, set by himself in
1985 and matched by Deb Bit
tenbender of Mechanicsburg,
Cumberland County in 1986. Harry
Bachman of Annville, Lebanon
County served as shawl auc
tioneer.
Grafters of the winning 82-inch
long shawl were the Fiber Friends
.representing Schuylkill County.
The team finished the champion
shawl in one hour and 57 minutes.
Team members included Barbara
Blander of Ringtown; Kathleen
Liddle of Pottsville; Barb Fessler
of Tower City; Kathryn Otto of
Jonestown and Allan Corman of
Pine Grove.
The Fiber Friends, along with 9
other teams, had two and one-half
hours to shear a sheep, spin the
wool into yarn and loom an original
design shawl to a minimum of 78
inches long and 22 inches wide. The
Fiber Friends loomed an eight
harness undulataing twill shawl in
shades of blue and creamy white,
creamy white, creating a tapestry
effect. They also took home $l5O, a
grand champion plaque and the
travelling trophy.
Hie Fiber Friends were also
honored by the 50 participating
craftspersons with the “Team’s
Choice” award.
The second national record came
quickly as Ray E. Hillard Jr., of
Gossett Livestock Premixes,
Mifflintown, Juniata County paid
$9OO for the reserve grand
champion shawl, made fay the
Bobbin Bunch, representing
Lehigh and Lancaster Counties.
Members of the Bobbin Bunch
included Diane Huddleston of
Macungie; Betsy Johnston of
Bethlehem; Alice Gillespie of
Danielsville; Jean Saltier of
Easton— all Lehigh countians, and
Jim Shearer of Mountville, Lan
caster County.
Harrisburgers Kevin and Sue
Ricker purchased the third-place
shawl at $125 from the Welsh
Mountain Kindered Spirits
representing Lancaster, Lehigh
and Chester counties. The team
made a Swedish Lace pattern
shawl in spring shades of peach,
blue, green and creamy white.
Team members included Louise
Kramer of Elverson; Diane
Bachman of Stevens; Tina Mickley
of Denver; Mark Barbazon of New
Tripoli and Amos Stolzfus of
Morgantown.
Darryl and Bev Breniser of N.H.
Eby Inc. of Blue Ball brought the
bidding back up, paying $350 for
the fourth-place shawl, made by
the Barefoot Treadlers from
central Pennsylvania.
Representing this team were
Mary Hubler of Hummelstown,
Dauphin County; Peggy Schott of
Lebanon; Berks countian Debbie
Mikulac of Womelsdorf, and
Lancaster countians Dean Zigler
of Lititz and Bernie Walker of
Manheim.
Pick-A-Way Spinners,
representing the Berks County
area, sold their fifth-place shawl to
David and Mildred Schneider of
Waverly, New York for $2OO. This
is the third shawl for which the
Schneiders have purchased.
Butler County Pedalers,
representing Butler County
making a white-on-white shawl
with floating block pattern, sold
their sixth-place entry to Don and
Rose Gallagher of Elizabethtown
for $2OO.
Auctioneer Sherman Allan of
Conneaut Lake, Crawford County,
purchased a Bronson Lace Weave
shawl from the seventh-place Hill
and Hollow Handspinners of
Huntingdon and Centre Counties
for $2OO.
Another $2OO bid came in from
Rodger Gearhart of Lititz, Lan
caster County, purchasing a shawl
made by the Ewe-nique Spinners of
Lancaster and Lebanon Counties.
The Spinning Woolettes of Berks
and Lancaster Counties crafted an
original twill design shawl in rich
neutral colors of cream, taupe and
black, using a silver fleece. Gus
and Maryanne Crissman of Rocky
Ridge Farm, Bradford, McKean
County, purchased the shawl for
$2OO. This was the third shawl
purchased for the Crissman’s
wardrobe.
The Wool Bags of Indiana
County, designing a Swedish Lace
shawl in hues of silver and pink,
sold their creation to Dennis
Grumbine, Myerstown, and Harry
Bachman, Annville, representing
the Lebanon Valley Auction
Company. The pair then an
nounced the shawl was being given
to Mr. and Mrs. Ken Winebark and
their new baby. Her husband, the
new County Agent for Lebanon
County, grew up in the town
represented by the Wool Bags.
Not to be outdone, the bidding
again gained momentum as 14
youth from the Butler County
Cotton Tail Twister 4-H Club en
tered the ring with a cream and
pale-pink shawl they cooperatively
made as a demonstration during
Tex Reform Act Reduces
Business Tex Credits
UNIVERSITY PARK -
Business tax credits are reduced
and investment credits eliminated
under the new tax laws. However,
farmers will receive a special
break on investment credits for
1987 only.
The Tax Reform Act of 1984 had
combined investment credit with
several other credits to form the
general business credit. Prior to
1987 the general business credit
earned by a taxpayer could be used
to reduce tax liability by up to
$25,000 plus 85 percent of tax
liability in excess of $25,000.
Unused credit for a taxable year
could be carried back to each of the
three tax years preceding the
unused credit year and then could
be carried forward to each of the 15
following tax years.
The Tax Reform Act of 1986
reduces the 85 percent limitation
on the general business credit to 75
percent, effective for tax years
that begin after 1986. Thus, the new
limitation is $25,000 plus 75 percent
of tax liability in excess of $25,000.
Investment credit is repealed for
investments made after 1985. Any
carry-forward of investment credit
is reduced by 17.5 percent of the
amount allowable in 1987 and 35
percent of the amount allowable in
any year after 1987. The reduced
amount may not be carried for
ward; it is lost.
Farmers may realize an
unexpected benefit from carried
forward investment credit on their
1987 tax returns. A special
provision of the new legislation
permits qualifying farmers
(defined below) to reduce their
1987 income tax obligation by up to
the contest.
Cheers rang through the crowd
as Bachman’s gavel pounded at
$335. Auctioneer Sherman Allen of
Conneaut Lake, Crawford County,
was the successful bidder.
Proceeds will pay for the 4-H’ers
expenses to participate at the
show.
Each team was judged on
shearing, 5 points; team iden
tification 5 points; speed, 5 points;
spinning, 35 points (eveness,
uniformity of three spinners);
weaving, 20 points; and design, 30
points for a total of 100. Proceeds
from the auctioned, shawls were
returned to each team.
Judging this year’s contest were
Catherine Creamer, teacher at
Parson’s School of Design in New
York City and owner of “Creamer
Textile Design,” and Jacki Schell,
owner of “Jacki’s Handwoven
Originals” in Lewistown, Mifflin
County.
Bachman was serving his
seventh year as volunteer auc
tioneer. He was presented a gift
certificate for a Farm Show
Champion leg of lamb from Fox’s
Food Markets, Inc.
The Pennsylvania Sheep to
Shawl Contest is sponsored by the
Pennsylvania Sheep and Wool
Growers in cooperation with the
Pennsylvania Department of
Agriculture and the Pennsylvania
State Farm Products Show
Commission.
$750 through a carry-back of the
carried-forward investment
credit. The amount carried back is
treated as payment against 1987
income tax. The opportunity is
available only on the 1987 return
and the option must be exercised
on a timely filed return.
The amount arising from the
special carry-back provision that
may be applied against 1987 in
come tax is the smallest of:
(1) 50 percent of the carried
forward investment credit
(2) The taxpayer’s net tax
liability for the carry-back period.
This carry-back period begins with
the 15th year preceding the first
tax year from which there is
unused investment credit included
in the existing carry-forward, but
not extending beyond December
31,1961.
Example: First unused I.T.C.
credit was for 1980. The carry-back
period for determing net tax
liability extends to 1965.
(3) |750
To qualify for this use of carried
forward investment credit to
reduce 1987 income tax, a farmer
must have derived SO percent or
more of his gross income from
farming during the three tax years
preceding 1987; that is, during
1984,1985, and 1986.
The amount of investment credit
used in connection with the above
special provision is deducted from
the total amount of carried
forward investment credit. Con
sequently, the carried-forward
investment credit subsequent to
1987 is reduced by the amount used
in the carry-back provision.
GIGANTIC
SELECTION
IN
Lancaster
Farming's
CLASSIFIEDS
See your nearest
INEW HOLLAIND
Dealer for Dependable
Equipment and Dependable
Service:
Annville, PA
BHM Farm
Equipment, Inc
RD 1
717-867-2211
Beavertown, PA
B&R Farm
Equipment, Inc
RD 1, 80x217A
717-658-7024
Belleville, PA
Ivan J Zook
Farm Equipment
Belleville, Pa
717-935-2948
Canton, PA
Hess Farm Equipment
717-673-5143
Carlisle, PA
Paul Shovers, Inc
35 East Willow Street
717-243 2686
Chambersburg, PA
Clugston
Implement, Inc
RD 1
717 263-4103
Davidsburg, PA
George N Gross, Inc
R D 2, Dover, PA
717-292-1673
Elizabethtown, PA
Messick Farm
Equipment, Inc
Rt 283-Rheem's Exit
717-367-1319
Everett, PA
C Paul Ford & Son
RD 1
814-652-2051
Gettysburg, PA
Ymglmg Implements
R D 9
717 359 4848
Greencastle. PA
Meyers
Implement’s Inc
400 N Antrim Way
P 0 Box 97
717 597 2176
Halifax, PA
Sweigard Bros
RD 3, Box 13
717 896 3414
Hamburg, PA
Shartlesville
Farm Service
R D 1, Box 1392
215 488 1025
Hanover, PA
Sheets Brothers Inc
1061 Carlisle St
Hanover PA 17331
717 632 3660
Honey Brook, PA
Dependable Motor Co
East Mam Street
215 273 3131
215 273 3737
Honey Grove, PA
Norman D Clark
& Son Inc
Honey Grove PA
717 734 3682
Hughesville, PA
Farnsworth Farm
Supplies Inc
103 Cemetery Street
717 584 2106
Lancaster. PA
L H Brubaker Inc
350 Strasburg Pike
717 397 5179
Lebanon, PA
Keller Bros
T ractor Co
RD 7, 80x405
717-949-6501
Loysville, PA
Paul Shovers, Inc
Loysville, PA
717-789-3117
Lynnport, PA
Kermit K Kistler, Inc
Lynnport, PA
215 298-2011
Mill Hall. PA
Paul A Dotterer
RD 1
717-726-3471
New Holland, PA
ABC Groff, Inc
110 South Railroad
717-354-4191
New Park, PA
M&R Equipment Inc
P 0 Box 16
717-993-2511
Oley, PA
C J Wonsidler Bros
RD 2
215-987-6257
Pitman, PA
MarlinW Schreffler
Pitman, PA
717-648-1120
Quakertown, PA
C J Wonsidler Bros
RD 1
215 536 1935
Quarryville, PA
C E Wiley & Son, Inc
101 South Lime Street
717 786-2895
Ringtown, PA
Rmgtown Farm
Equipment
Ringtown, PA
717 889-3184
Tamaqua, PA
Charles S Snyder Inc
RD 3
717 386 5954
West Grove, PA
SG Lewis & Son Inc
R D 2, Box 66
215 869 2214
Churchville. MD
Walter G Coale, Inc
2849 53
Churchville Rd
301 734 7722
Frederick, MD
New Holland, Inc
Rt 26 East
301 662 4197
Outside MD 800 331
9122
Westminster, MD
New Holland Inc
1201 New Windsor Rd
301 857 0711
Outside MD 800 331
9122
Washington. NJ
Frank Rymon & Sons
201 689 1464
Woodstown, NJ
Owen Supply Co
Broad Street &
East Avenue
609 769 0308