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Show i Lakeridge Junior High School Honor Roll First Term 1982-83 High Honor Roll recognition 1s given to those students who-have achieved a grade polnl average of 4.0 which Is equivalent to straight A. Honor Roll recognition 1s given to those students who have achieved a grade point average of 3.99 to 3.70. (3.70 Is equivalent to A-). 4.0 GradePoInt First Security Bcm! Reports Sluooisli Gains In U. S. Economy Treasury Bill is about Vk percent compared with 13 percent in early July. In the long end of the market, government bonds, near 10',. percent, have dropped from 14 percent early in the third quarter. While these changes Orem-Geneva Times November 24, 1982 Orem Musician To Represent Utah characterizing, the economy said Roger Ford, Vice President, quoting the First Security Newsletter. The quar- i EIGHTH GRADE; Jason Bowen, Nathan Cherrlnqton. Lies! Coin?, rmilv r.rver. Roaer i EUis, Jennie Erlcksen, Darrell Grossen, Craig Gygl, Christine Heaps, John Jackson, i Stacey Jorgensen, Roland Koller, Shane Lawrence, Trlcia HcMaster, Valerie Miller, i James Nlelson, Gregory Pyne, Kathleen Reynolds. w-ii-u " SEVENTH GRADE: Kirk Connors, Nancy Corbett, Dean Cranney, Erik Crawford, Deborah lj.tevenport, Scott Eastmond, Elizabeth Egbert, Lynnett Gardner, Christopher Koller, 'C Christopher Lee, Tamara Lee, Dawn Lewis, Jeffrey McClellan, Nanette Morley, Marianne Paul, Mark Peterson, KelH Robison, Patricia Shepherd, Jon Tasso, Allison Thomas, Stephanie White, Craig Williamson, Kenneth Woolley. Z 3.70 - 3.99 Grade Point :; EIGHTH GRADE: Romay Allen, Emily Ashton, Ben Bahr,- Brian Baker, Amanda Bandley, ; Angela Birrell, Klmberly Blood, AUsa Bown, Benjamin Bradshaw, Angela Brimhall, ::Barilyn Brown, Julianne Brown, Debbie Chrlstensen, Donna Christensen, Greg Clapp, ; Roger Clarke, Korene Clegg, Maren Clegg, Catherine Daugharty, Deniece Davenport, : Terri Day, David Denison, Cheryl Dredge, Kathleen Duke, Stephen Durrant, Wendy : Dutson, Ryan Farrer, Bradford Fillmore, Karia Forrest, Steven Frame, Jennifer Francis,' Diane Garbe, Randall Gaston, Robert Gneiting, Stacy Gomm, Canrnie Green, Laura Greene ' Cinamon Hadley, Julie Hansen, Neil Hansen, Brett Harrison, Jeffrey Hawley, Thomas X;Herl1n, Ellen Higgins, Kevin Higley, Stacy HopMn, Amy Hyde, Christopher Isakson, Shelle Jacobson, Lorinda Johnson, Marci Johnson, Stephanie Killpack, Allyson Kitchen, Barbara S. Kunzler, Darladee Larsen, Karalee Larsen, Jason Lewis, Todd Lewis, Andrea Loper, Toran MacArthur, Marina Malan, Heather Marsh, David Mason, Stasia Matthews, Mary May, Marie Merrill, Paulette Miller, Teresa Monsen, Lora Morgan, Kristine Morrow, Kimberlee Nelson, Peggy Olson, Tania Olsson, Jan Oyler, Stephanie Parry, Colleen Parsons, Shlralynn Penny, Matthew Phillips, Kenneth Ransom, Steven .Rees, Lisa Rickenbach, Annicka Rosengreen, Kerrl Salgy, Michael Searle, Alan Smith, vDarlene Smith, Kathy Smith, Rebecca Snelgrove, Jill Stevens, Lani Swallow, Klmberly ;Talbot, Amy Tate, Catherine Taylor, Lori Tippets, Vickl Walker, McKay Worthington . rTroy Worthington, Trevor Zabriskie. SEVENTH GRADE: "Annalee Acord, Lor1 Agla, Andrea Allen, Jul 1e Anderson, Tracey Anderson, Tyler Anderson, Gregory Anderton, Andy Andrus, Melissa Ashcroft, Marguelle Barney, Eric Baum, Jennette Beckstead, Merrigay Benson, Anthony Beutler, Bradley Bone, Allyson Bowman, Michole Boyter, Rebecca Bralthwaite, Sheri Britsch, Wayne . Buckwalter, John Burggraaf, Annette Burk, Jason Carling, Jennifer Cherrlngton, Mlchele Clawson, Camille Clayton, Suzette Clegg, Kenneth Cooper, Nathan Craig, Eliece Crosby, Jana Czerwonky, Michelle Denison, Brady. Deucher, Tlffini Diederlch, Diana Dixon, Paul Drake, Dallin Durfee, Sarah Ferguson, Wendy Frame, Kirk Gammon, Angela Gardner, Lisa Gardner, Jana Garrison, William Graham, Michael Hacking, Scott Hafen, Corwln Harmon, Kristin Harris, Michelle Harward, Jessica Hatch, Daniel Heap, Jenny Hendry, Kristeen Henstra, Melody Hills, Rebecca Howe, Tyler Hunt, Amy Hyde, Richard Iv1e, LeGrand Jackman, Eric Janda, Cynthia Johnson, Elizabeth Johnson, Jennifer Johnson, . The impact of the expected to remain national recession will sluggish in the fourth remain clearly eviaeni m quarter loiiowing me represent significant Utah during the fourth minimal growth recorded reductions, interest rates quarter with a high in the past few months. arc stm too high to unemployment rate and Business spending for facilitate a strong siuggisn sales Bai"5 wmai Biu. unumuui w economic recovery. retrench as the capacity Karly in October, the utilization rale in the pedCral Reserve ap- nalion's industries parcnly altered its ap- dropped lol (9 percent. proach to monetary Despite the positive polity by de-emphasizing terry report, which will be growth in real GNP the role of the money published this week, is beginning in the second supply and focusing more edited by Dr. Kelly K. quarter, inventory in- directly on the level of Matthews, vice president vestment remains weak interest rates, and economist for First and some industries arc . still reducing stocks or unsold goods. As production and Extremists hunted sales continue to siump, EevDtian President Hosni .... a rnv,t n lt . . w r clftClUdla, L-fllHUin'w, v.. the national unem- Mubarak ordered a nation- m... r generally favorable. Air ployment rate reached Wjde roundup of Moslem ex- Tne 104-member traffic at the Salt Lake 10.1 percent in Sep- tremists on Oct. 16, 1981. musical unit consists of International Airport for tembeMhe highest since o outstanding high the first eight months of 1941. The bleak labor-Lands claimed , musicians from 1982 was up 44 percent, market environment On Oct. 17, 1780, Congress egch sUte and the Western Airlines, with its hangs as a depressing sent to its ministers at District 0f Columbia plus new Salt Lake Citv hub. cloud over consumer France and Spain a state- . o . fpnm accounted for 58 percent spending. Hopes for an ment of claims of the United . Isands an(J of this total volume, economic recovery States to lands west of the Transient room tax beginning in the first half Mississippi River. receipts during the first of 1983, hinge heavily on Security Corporation, regional bank holding company. Tourist activity during the summer was When millions of television viewers tune in to watch their favorite parades this holiday season, they'll have a chance to see Reed Neubert of Orem sound-off sound-off as a musical All-American. All-American. Reed, son of Mrs. Marilyn Neubert, 1746 South 290 East, has been selected to represent Utah in the 1982 McDonald's Mc-Donald's All-American High School Band. Reed will perform with the All-American Band in the Macy's Thanksgiving Day Parade in New York City and in the Tournament, of Roses Parade in Puerto Rico. Members were selected from thousanas oi nominees on the basis of their band directors' recommendation, recom-mendation, musical achievements, the Band's instrumentation, state requirements, and taped auditions. "We will have 104 of the best high school musicians in the country meet for the first time in New York City in November," said Dr. William Foster, director of the All-American Band and director of bands at Florida A&M Univerisry. "In less than six days of rehearsal, they will prepare for a debut on national television. That's quite a tribute to the talents of students like Reed Neubert." As a Band member, Reed will have an opportunity op-portunity to audition for scholarships awarded by the New England Conservatory Con-servatory of Music in Boston, Massachusetts and the National Music Camp at Interlochen, Michigan. half of 1982 were up 13 percent. Despite these favorable increases in the tourist-related industry, total retail sales tax consumers willingness to borrow and buy. In addition to concern about job security, consumers seem to be adopting a reverse in- collections in the third flationary psychology. As quarter of 1982 were interest rates fall and unchanged from a year wage increases exceed ago. The outlook for the rate of inflation, consumer spending in consumers may delay Utah in the months purchases of durable ahead, including the goods hoping for more Christmas season, suggest only moderate increases over a year ago. The rate, of unemployment unem-ployment in Utah is ex pected to vary between 8Mi - 9 percent during the favorable financial terms. The current position and likely future trend of the American economy has become the central issue in political races across the nation. Events next few months. Tbe caj..Ty inwe nt. in Utah in illustrates the difficulty September reached 8.7 percent compared witn 5.9 percent a year ago. Nonagricultural employment em-ployment totaled 567,700 in September, down 900 jobs or 0.2 and pain associated with reducing inflation and lowering interest rates. Falling interest rates, without credit controls, provide the most optimistic op-timistic indication that Sherry Johnson, Julie Johnston, Janell Jolley, Jeff Judd, Krlsteri Kresge, Michael Kunz, Stephen Lane, Robert Lant, Richard Larson, Jenifer Layton, Tamara Lee, Tamara ' LeeMaster, Ellen-ora Loftus, Michael Mansfield, Michelle Marcov, Kathleen Mauerman, r: Sherri McConkie, Lisa McQuivey, Sherle Merrill, Kirsten Miller, Marc Mitchell, Brett. Molen, Melanie Morgan, Janet Mortensen, Adam Nally, Chris Nelson, Wendy Nielsen, Kimberly Olsen, Russell Osguthorpe, Deborah Owens, Kurt Parry, Phillip Patten, Pamela Pawlowskl, Scott Pead, Melissa Peatross, Adam Pitcher, Quincy Pope, Jennifer Powers, Elena Pratt, Jannalee Proffitt, Pam Pulley, Tina Pyne, David Rasmussen, Joseph : Reynolds, Elizabeth Ridenhour, Rachel! Rohbock, Brett Rose, Shelley Schrader, Lawrence Skousen, Nichole Soter, Krista Sproul , Julie Steinkopf, Robert Sumpter, Darren Taylor, Marianne Taylor, David Thomas, Amy Thomson, Patricia Threet, Klmberlie Trane, James VanOrman, Shannon Vancott, Ingrid VonGostomskV, Glade Wakefield, Shane Watt, Brian Wells, Carolyn Whittaker, Marilee Winkler, Carrie Wojtasek, Gregory Wright. percent from September the Administration s Est vear. Job losses in Program is working. As various basic industries are: mining 3,200; contract con-tract construction 2,300; manufacturing 3,400. Recent declines in interest - rates are beginning to create some renewed interest in Utahs construction in we look to 1983, interest rates must continue to fall if an economic recovery is to develop. Interest rates are expected to further ease in the fourth quarter. Presently, the prime interest rate is at 12 UE0 Reports Obstacles To Synfuel Development A number of synthetic syn-thetic fuels projects that will withstand the economic and institutional in-stitutional pitfalls facing the synthetic fuels industry in-dustry and reach the full-scale full-scale production stage will be considerably less than currently projected by industry. Large capital outlays, coupled with a tightening of financial assistance by the Synthetic Fuels Corporation, were cited as the major obstacles to large-scale synfuel development in Utah, according to a report issued today by the Utah Energy Office, a division of the Department of Natural Resources and Energy. The purpose of the report, "Assessment of Oil Shale and Tar Sand Development in Utah -Phase II," is to gain insight in-sight on the likelihood of a commercial synfuel industry in-dustry developing in Utah, to analyze potential constraints to that economic conditions and development, and to relatively stable oil prices discuss any array of have resulted in poor policy options available to project economics for the state which would most developments, possibly alleviate those Anderson says that unless constraints. Some there is a major change in possible state policy the price of crude oil, options resulting from the very few synfuel projects report's analysis include will be developed in Utah. federal-state land exchanges, ex-changes, facility siting procedures, tax incentives, in-centives, and permit acquisition streamlining. Options were viewed as enhancing project economics and thus improving the likelihood of synfuel development in the state. Twelve synthetic fuels projects are proposed for construction in and around the state's Uintah Basin. But ac cording to Utah Energy Office program specialist Rick Anderson, the likelihood of all 12 projects being built is very small. The report concludes that current Phase I of the report, which was completed in 1980, dealt with identification iden-tification of Utah resource bases and establishment of likely production scenarios. "World crude oil prices were rising significantly at the time the Phase I report was completed," Anderson said. "The Phase I conclusion was based on the assumption that world oil prices would continue to escalate to a level where synthetic fuel development develop-ment would be competitive com-petitive with crude oil." he 'are also trekking downward. Consequently, some improvement in residential construction is expected by mid - 1983. synfuel developments During the first eight does not provide enough months of 1982, 4,966 incentive for large-scale residential building private investments." permits were issued in The current world Utah, a decline of 28 market value of crude oil percent. Over the same is about $34 per barrel, period, the value of total The present cost to building permit con-produce con-produce a barrel of struction was $683 synthetic crude oil ranges million, up 1.3 percent, from $40 per barrel to as Personal income in high as $60 or more per Utah in 1982 is forecast to barrel. reach $13,880 million, an Complicating mat- increase of $1,259 million ters, the Synthetic Fuels or 10 percent above the Corporation, established 1981 level. Actual total by the U.S. Congress to personal income in 1981 assist in the development was $12,621 million, an of alternative fuel increase of 12.4 percent. duct ThP fha and VA percent, down from 16M rate has been reduced to Percent near the end of 12'. percent and con- Juh and. the 90-day (ventional mortgage rates WITTNATJER Product of Longtnes Wittnauef Watch Company .ir t . r j . mn Very elegant. Very Swiss. Quartz, of course. Left: Omni (56151). Gold-rone. $ Cenrer: Diamond Award (57151). Gold-tone. Gold-tone. Four diamonds. S Right: Bolero (53201). Gold-tone. S fJlulleft-Kloover Jewlry & Trophies 184 West Center, Provo ' Phone 373-5270 HOMEUFRONT Formerly "Kool Breete" Aluminum Products THINKING ABOUT EXTRA ROOM? re SS. 4- iV-: . 2 "5rT sources, has demonstrated demon-strated a conservative philosophy regarding subsidies to synfuel development. Of the $10 billion initially earmarked ear-marked for project subsidies, $6 billion will go to coal, $3 billion for oil shale, and $1 billion for tar sands and heavy oil projects. The Phase II u J 1 j i --- ; j: continued, "the price of With inflation nOw at 5 -5'z percent, as broadly measured by the GNP deflator, the aggregate gain in real personal income will approximate 4"s! percent. Total wages and salaries are expected to rise about 8' percent, reflecting 7 percent average wage increase and approximately 1 percent net gain in em- o and the rate of return on hN-i vm n i I " 1 Hill 1 JXLU UAU am mm crude oil 'has leveled off competition for these ployment. Significant suuaiuies win oe Keen gains in personal income with no assurance that Utah projects will receive assistance. I7Y'.Y J2AM III m QQimaaooDananaDaBBOBnanauDii b Storm IVindovs .Any 0 Olily B Anodized aluminum frame Reg. 780.00 B ! Double strenqth alass t I A raA A g Custom measured to fit your home LJJ ) C i plm Inilallotlon f J 3 Offer Good 3 sg Thru Nov. 30th f irm r tr? if wm W9 Offer Good i Thru Nov. 30th The report identifies potential air quality violations from the cumulative emissions of the proposed projects as another obstacle to widespread synfuel development in Utah. Copies of "Assessment of Oil Shale and Tar Sands Development in Utah -Phase II" are available for $8 at the Utah Energy Office, 3266 State Office Building, Salt Lake City, Utah, 84114, telephone (801) 533-5424. in 1982 are forecast in the areas of dividends and interest and transfer payments. Above-average income in-come growth originating in the manufacturing, mining and service sectors contributed importantly to the Utah state total in 1981. All sectors of the economy, with the exception of agriculture and construction, con-struction, experienced substantial income gains last year. 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