Show j Uh Iron ron Mines Offer Tax Plan Utah's tah's iron mining industry Monday 1 offered the state stale tax commission a compromise assessment assess assess- ment t formula la which would value iron ore at approximately per net ton as lS compared with l Jast st years year's and the commissions commission's commissions commission's com corn missions mission's proposed p pro r o p o 0 s sed e d boost to nearly 11 11 The offer came in an informal hearing which was was to resume in inthe inthe inthe the afternoon after the commission commis commis- sion up sion-up up against the last day deadline for a decision had decision had taken time to mull the new proposition Several Se hundred thousand dollars dol do- lars lags in ir state stale revenues is at stake in mine occupation and property taxes |