1933 American Bar Guide by R C Miller

WHISKEY IN BOND

Table of Outage, Government Allowance, and Gain in Proof, each Six Months.

Government .Allowa nce

IP roof

Wine

Above Proo.£

Months

Gallons

Gallons

6

44

43,0

~ ~

3 per cent

12 18 24 30

3

42 42 41 39 38

43,0

" "

5 5 7

43

4~ 5 ,0 6~ 7,0

42~

" "

42 41

9

36

12

"

There will be usuall y during three years a shrinkage of ten to twelve gallons in the contents ofi each bar rel, and the increase in the percentage of proof of the remaining contents will be from 16 to 18 per cent. The tax for withdrawal at the end of three years is computed in the following manner: When a barrel of whiskey is placed in bond it contains 45 gallons--usually rather more. It would probably in three yea rs suffer a shrinkage of 12 gallons, at the same time the increase of proof of remainder would be about 16 per cent. Original bulk, say 45 % gallons, shrinkage 12 gallons, leaves 33,0 w ine gallons. 16 per cent of 33,0 equals 50 increase of proof. 38 5/ 6 gallons proof on which the tax has to be paid. In some cases it may be that shrinkage is greater than 12 gallons, but in that case the holder suffers, not the government. 72