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Show eciation. The discounted price ith means you fan buy a high face value for a small amount of cash. And auton.atir compounding means that, at rerent interest rate levels, your money can double, triple or even quadruple in 14 years if you hold the bonds to maturity. Because you receive the full fa-value of the bond at maturity, zeros are an ideal investment if you want a specified sum at a specified dae. Many people buy zeros to finance their children's education or their own retirement, or simply as gifts. Here's a hypothetical case: You est im ate that to pay for your 8 -- year old's college education, you'll need of the sheer variety available. Adding to the confusion is that fact that many of them sport cute nicknames like and second because SlIFARSON LEHMAN liLTIUN CATS, MCATS, RATS, TIGRS and STRIPS, which are merely acronyms for the various zero prod- Kellv M. Smith fr&cm Ccnsjttrt Shearson Lehman Hutton 2348 Foothill Blvd. Salt Lake City, Utah , WATCHING YOUR WITH MOXEYMULT-IPL- bonds, of course do earn interest. What they don't do is pay it out periodically over the life of the bond like conventional bonds. Instead, the interest continues to compound until the bond reaches maturity. Zeros then are not for the investor who is looking for current income since the Interest is not accessible. inHowever, for the .ong-tervestor bonds provide two important benefits: a deeply discounted price and capital appr- Zero-coup- V BONDS ZERO-COUPO- recent years In ucts. zero-coup- on bonds have become one of the most popular medium- - and long-terinvestment vehicles ever Introduced. Vet they puzzle many people, first because of their nature (how can anything offering zero m zero-coup- on - I term. For example, to provide $15,000 in 1933 for the freshman college year of today's you would need to invest only $10,500 in a zero with an effective yield of 9C, to maturity. While municipal zeros are tax free, the yields on government und bonds are corporate fully taxable earh year even though you don't actually receive the interest until maturity.Therefore, you may want to set up a custodial m count for your child, so that the interest is credited to the child and taxed at a lower rate. (The tax depends on your child's age and amount of interest Trusts All Funeral BEAVER , maturities spread over the four years, you need to invest; $8,300 yielding 9s, for 1999, $7,900 yielding 9T tor 2000, $7,400 yielding 9', for 2001 and $0,800 yielding 9T lor 2002. Your total' outlay would be 30,400. And, the returns are still Impressive when you buy zeros for a ii lTf Thursday March 1,199 f 4 1 1 Olpin M&ducvi $20,000 in 1999, $21,000 in 2000, $22,000 in 2001 and $23,000 in 2002. To buy zeros totaling $86,000 with 'r ' Beaver County News rSTM 9i69Z& 51X52 f and Burial Plans honored at 100 Percent Value COUNTY'S TRADITIONAL MORTUARIES - MILFORO r- BEAVER 387-220- 1 438-220- 1 195 HERE'S 209 South 100 West North 200 West UTAH FOUNDATION MORE ABOUT shorter While uncertainty accompanies many zero-coup- Zero Coupon Treasury Bonds come with built-icertainty: you know when you buy them exactly how much they will pay out upon maturity. That's why Zeroes are ideal for f unding your retirement or vour children's education. Find out at a glance how much you would need to invest in Zeroes today and how long it would take, to achieve your goals. Send for your free Zero Coupon Treasury Bond Calculator today. n CALL: I or 486-220- 1 800-662-00- income. Check with your accountant to make sure you understand the specifics.) Similarly, if you or corporate buy government zeros for yourself, you may want to put them into a account, such as an IRA or KEOGH. Like conventional bonds, zeros are vulnerable to market forces, primarily changing interest rates. So, while you are assured of rec eiving full face value if you hold a zero to maturity, you are assured of receiving full face value if you hold a zero to maturity, you are So, while you are assured of receiving full face value if you hold a zero to maturity, you could lose money if you have to sell it early. If interest rates rise after you purchase a zero, its immediate resale value will drop significantly. On the other hand, if interest rates fall, the zero's volatility works in your favor, and you could gain capital by 54 Or urite: Shearson Lehman Hutton. Inc. 2548 foothill Blvd. Sail Lake City Utah 84 09 -- Please send me your free Zero Coupon treasury Bond Calculator. Shmrson LEHMAN HUTTON WIV 1. Hi M' An American Fxpress company HIvh AN.' Kt AV Sill JIM IAI !jmi H". l. li Munuii .iik-- Minds Ovi :k Money; I'll ll'C Mfmbt-- i- II' r WW w- I .". m Iv sht'drtin J Mutton Inc PROPERTY City Council Council at rhe next meeting TAXES AVERAGED $901 ON IN MILFORD LAST YEAR $75,000 HOME The average property tax charv recommendations. It was the consensus of the Council that Joseph Robert Troy-nl authorized to attend a and the City Reseminar training corder prepare a $50 expense check for room and board for Officer Troyner. A discussion was held on hiring emergency personnel outside the city limits. After discussion, er Councilman Robinson moved, Smith 2nd, the City Recorder amend Beaver City's present ordinance to state that Beaver City can hire emergency personnel who live outside the City limits, if there is no qualified personnel living within the city limits, and the emergency personnel must be able to comply with a five minute response time. Councilmembers Robinson, Grimshaw, Anderson and Smith voted in favor; Hutchings voted against. The morion carried by a majority vote. There being no further business, presented before the Council, the meeting adjourned at 12:00 -- ged on a home valued at $75,000 In Milford last year amounted to $901, or 1.20"( of current value. This compares with an average tax level of 1.05 rt on residential property during 1587. For the state as a whole, property tax levels moved up during most of the 1980s. The statewide average property tax on a $75,000 home in Utah last year was $737, of market value. This or 0.98 compares with an average tax bur den of $552, or 0.745; in 1981. -- imnfimi meeting of interested citi. ens met at the County Fair Building March 2nd to organize a committee, review the site plan and make revisions. Forest Service personnel went over the site plans with the group. The water system was discussed. We will need approximatA -- ely 3000 feet of 1 12 inch pipe for the water line. Beaver Citv Because of differences In the property tax rates imposed and discrepancies in the valuations placed on properties for tax purposes, there is a wide variation in the property tax burden throughout the state. Although the $75,000 home in Utah was $737 last year, the average tax ranged from a low of $343 in the unincorporated area of the South Sum -mit School District to a high of $907 in the city of Sandy. will help lay the pipe, the County crew will help with the road work and the road crews will help locate large culvert pipe for fire places. We have some tables to lie assembled. We will need lots of vo unteer time, equipment and materials to complete the project. It will be a great asset to the County residents so we invite all citizens to become involved. The next meeting will be held at the station Restaurant In d Thursday, March 16th at 6:30 Mil-for- p.m. Mappy, Utah Fishing THE AUTHORITATIVE SOURCE OF UTAH FISHING INFORMATION Spring fishing coming soon Waiula Lillian Heap Huberts An open house honoring the 80th Hirthdav of Wanda Lillian Heap Roberts will be held on Saturday, March 25, from 7 to 9 p.m. at Ward Church, 15 North the 100 West, Heaver, Utah and family and friends are invited to attend. born March 31, 1909 She wa in Vic'iir, Idaho m Charles Henry and Harriet Annie Allan Heap. She was raised in I'arowan, Utah, but thwi has lived in Heaver all of V Family features. Where to take the kids ... how to Leach youngsters the rudiments ... how to make the sport Features on equipment and gear ... the latest technology. V i hrill of-Indepth stones describing recent fishing experiences a lunkcr, hooking special techniques used, how to get there, facilities available, etc. V Where to around the go, the state, features on Utah's top fishermen, how your fisheries are being managed, conservation i minium and lots more! updates, tishing techniques, big fish stories Whether you're a serious fisherman who hits the streams and lakes every week or an infrequent angler with more interest in fishing than time to actually do it, you'll enjoy UTAH FISHING. Subscribe now and receive a Utah Fishing Map for only S1.99. This large color map locates and describes in detail over 200 fishing waters all over the state. family-oriente- her marriedlile. Si," married Leonard d. in vi Hes; LuWan.i W. 6Ztf ITl I I HOOkCCi I I Send to' I r"l I I 24 issues (one year) for S14.95 (plus 94 24 issues for S14.95, t plus map for S1.99 ftntal met 18nn with n ' 48 iSSUM (tW0 f0r $2895 (Plus $1.81 J y") R4i '"-- AC r iuue '"I ci sj.hj i. Name ua if tn sj.o; send the perfect gift! 1 ,'City 7ip t For more Information call J iu'.l iun Use this handy coupon to subscribe yourself or to 'street J State ' 451-085- BBfggggsa 7 Be sure to enclose your check or money order Mail to: UTAH FISHING P.O. Box 728 Centervillo, UT 84014 yL Credit 90 days Small Car y zL, Radials Roberts oi i,tht children; Flovd H.jSheldon Sherratt; Heap, deceased; Charles Gordon; Marilyn Brown; anna Jean Amswoirh; and an inC 1 fant son, dt'C.'j.-cl- She has r Si Hdt . yraii'Ictiildri'n aii'ii-tu- Irt-- f and 80 . served as Heu'.er Coumv 25 e.us. She ibrarian I.IS c hun h is a !iic!iite r of air! !i.i- lield n: positions there. no gifts, tatiiiL. ri'lU."-tplease. Head I - :r t. s j Instant P22575R15 died in l'J73. They He 102(1. arc the parents hot-spo- ts Check one: Syl!S $79.95 UTAH FISHING is jam packed with fishing information and fun. And just in time for great spring fishing. Special statewide focus featuring fishing all across the state. At the low, low price of only S14.95 per year (24 issues, 62 cents per issue), it's the best deal in town! Here's what you can count on in each issue, twice a month: V A statewide, indepth fishing forecast for the coming weekend. Over 80 different waters are highlighted in each issue. This feature alone is worth the subscription price, allowing you to pinpoint the best fishing bets. OUR i $5M off State Safety Inspection 12 off wi th c oupo n Brakes or A li gnment wjth coupon CLASSIFIED ADS OPEN HAVE WHAT YOU WANT! They're Full ALL DAY E.St. George Blvd. St. George, Utah 825 of SUPER BUYS So Read Them 628-44- 721 So. Main St. Cedar City, Utah And You'll SAVE!! 586-42- 281 STORES NATIONWIDE av- erage property tax charged on a selling early. on cake decorating. After President Ruth Smith conducted our business. We had quite a bit on our agenda. It was decided we would send a delegate to the Hospital Board meeting to elect new Board members. After all the business was taken care of, our hostesses served us a delicious cheesecake and handed out secret sister valentine presents. On February 27, we held our social at tiie home of Karen Nelson's with Gina Mayer and Mary Maxey. We were served a tasty ham dinner with all the trimmings and dessert. After, Ruth held a short business meeting. Then Gina and Karen led us in a fun game of Outburst. ESA Sorority held their business meeting on February 13th at the home of Karen Thomas, her hostess was Kathy Kirk. Our hostesses showed us some great tips BEAVER SATURDAY ! ! 1055 So. Bluff St. George, Utah 628-64- 208 South Main Richfield, Utah 896-84- |