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Show The Tooele Transcript, Friday, May 30, 1975 Univ. Industrial Services Can Help Utah Inventors "Chlorinated diphenylethane was synthesized in 1874, but its value as the insecticide was not recognized until 1939," he notes. And, an English patent which descirlied 'a machine for transcribing and printing letters was originally issued in 1714, but not until Remington acquired the patent rights 150 years later did the tyjiewriter liecome a commercial In a Imminent lalmiatory somewhere in I'tah, an inventor may lie walking on an idea as potentially important as the vaemnn tulie, the jet engine, FM radio, penicillin, or the liallpoint pen. s All of these of all significant commercial inventions-hae- , in fact, lieen develojM-- by individuals and small businesses often wmking with limited finances and make-shiequipment, two-third- d reality." UNDER THE ISD approach, the catalyst for the tranfer of knowledge is an industrial agent. Confining his efforts to persons and who ordinarily organizations couldn't afford such assistance, the agent provides exertise on such matters as where to go to obtain venture capital", setting up a ft make-shif- t equipment. BIT BEFORE the inventor s idea could ever leave the stage, he would have to contend with such serious problems as obtaining financing, setting up a production company, and fonnulating a marketing plan. A service organization at the University of Utah has helped many individuals and small companies overcome these obstacles during the last decade. Known as the Industrial Services Division (ISD), its efforts are funded by the Economic Development Administration of the U.S. Department of Commerce, the U of U, and the Utah State legislature. Its our purpose to foster the expansion of existing business and to assist in the formation of new business in the state, explains Division Director Gene Hansen. draw-ing-lxw- non-prof- manufacturing hiring system, competent managerial personnel, and stahilitiing or reducing overall costs. Three agents are now being assigned to various areas of the state. We feel this direct contact is essential if we expect to make positive contributions to the process of innovation within the business community, adds Hansen. During the past three years, ISD has lieen directly involved in creating or stabilizing more than 2,0(X) jo! is in Utah, as well as making positive contributions in other primary economic areas, such as THE PRINCIPAL emphases of the ISD program, Hansen says, are to make the resources of the U of U and other cooperating institutions of higher learning more accessible to the Utah' business community, as well as to provide competent management and tech- improving productivity and increasing personal incoem levels, he adds. State Income Tax Returns May Be More Complicated Next Year Utahns will have to struggle with gi fatly complicated state income tax returns next year. This point ssas In ought out in a study by I'tah foundation, the private tax research organization. Complications in next year's state income tax returns will arise from the fact that the 1973 Iagis-la- t me tied the definition of taxable income to the Federal Internal Revenue Code in effect on 1974. Change's made in the Federal (axle by the U.S. Congress this year, therefore, will necessitate a series oi adjustments in 1973 state income tax ictums to lie filed hv l'tahns in April, pieiaied 1970. FURTHER complicating the pictme in I'tah, accoiding to the Foundation, is the fact that some of the changes made in the Federal Tax Reduction Act of 1973 are only temporary. As a result, new adjustments" may have to lie made the following year when I'tah file their 1978 state income tax returns. the I'tah electorate amendment to the an appiosed State Constitution designed to simplify the state income tax return by facilitating the cooidi-natio- n of the state income tax u it h the Federal tax. The 1973 Itah legislature enacted a new state In 1970 income tax law which incoipnated most of the Federal feat tries into the I'tah Code. The action taken bv the 1973 Itah legislature to tie the defini- tion of taxable income to a specific date was designed to make state nical assistance. Accelerating the "knowledge transfer lietween higher education and business, Hansen lielieves the time lag lietween the discovery of new knowledge and its practical application can lie reduced. $344:10 Utah Tech Project Houses Open To Public Utah Foundation Reports: income tax less vulneiable to changes made in the law by the I'.S. Congiess. This move, how. ever, reduced the simplification in the I'tah law, which was one of tl e major reasons why the change was made in the L'tah law to begin with. SOME STATES have met the piohlein of changes in the Federal tax law by making the State tax of the Federal tax a with the state rate adjust-eliability as needed to meet stale revenue requiiements. In Nebraska, for the tax late is set each year as a flat percentage of the Fedeial tax liability bv the State Boaid of Equalization and Assessment. The rate established, therefore, cun reflect any changes made in the Fedeial law during the year in older to pieveut any loss in state revenues, FouiuLition analysts jxiint out that most employees in I'tah will receive an ineiease in of repay during May duced Federal tax withholding, jrait of the reduction in Fedeial tax withholding, hose ever, is offset bv an ineiease in the State withholding rate. In the case of some d take-hom- high-incom- e e taxpayers, the in State withholding more than offsets the reduction in Federal withholding. As an illnstiation, the I'tah Foundation study notes that a man with a wife and two childien earning $15,000 a year ($1,230 per month) will receive a $21.41 per month leduction in the amount of Federal taxes withheld from his paycheck. This will le partially by an increase of $5.36 per mouth in State withholding. The oceiall result will Ire a $16.04 per e month gain in pay. On the other hand, the net will Ire reduced slightly for an p.is individual earning $.36,(XX)or more pci sear. THE REDlCTlON in Fedeial withholding went into effect on May 1 to reflect Federal tax cuts enacted by Congiess eailier this seat. Tire reductions stem from the following: 1. An increase in the loss- income allowance bom $1,3(X) to $ .600 for a single person and SI.XIO for a married couple filing utfv-- t take-hom- take-hom- e which phases out completely when income reached $S,0(X). ON THE OTHER HAND, the state withholding rate was raised fioin 16 to 22 of Federal taxes withheld lecauxe of the following: 1. State income tax rates were raised by the 1975 Utah Legisla- ture. The 1975 Project Houses" of Utah Technical College at Salt Lake will be officially opened for public iaspection Wed., May 28, at a noon ribbon cutting ceremony. The two houses, located at 2022 West and 2038 West 5440 So., will be opened for inspection until 8 p.m. on opening day, and from 9 am. to 8 p.m. until June 6. THE STUDENT built homes are for sale to the highest bidder. Bid opening will lie I p.m. on June 6. An invitation to bid may le obtained from the purchasing office at Utah Tech, 46X) So. Redwood Rd., or at the display site during the official showing. Both homes were built by drapes and light fixtures. THE BASEMENT is partially finished with a 34 bath, one !ed-rooi- a den and a wall-to-wa- finished brick fireplace in a family room area. This house has a two-ca- r garage, refrigeration air conditioning and 11 inches of insulation in the ceiling and 3'i inches in the walls. The other house, "Project 7, is slightly larger with 1,431 square feet. An Early American type, it features a spacious double garage and a mitered basket weave brick design which required alxmt 3,(XX) saw cuts to produce. It also has three lied rooms on the main level, with one and baths, and built ins in the kitchen. s There also are two finished in the basement, a 34 bath, enclosed furnace room, roughed in 2. A higher state withholding rate is needed to compensate for the smaller amount of Federal taxes that will be withheld. The Foundation study emphasized that the changes merely reflect revisions in the amount of taxes withheld, and that additional building construction, brick maa joint letuni. adjustments may have to lie made sonry, electricity and refrigeration 2. An increase in the standard when the individual files his Fedand air conditioning students at deduction from 15 to 16, with eral and State income tax returns Utah Tech. from increased the maximum in april, 1976. Past records indicate One home, "Project House plumbing and concrete storage $2,i XX) to $2.3X) for a single person that l'tahns itemize their deducarea. The basement family area has 1,236 square feet of space 6," and to $2,WX) for a married couple tions to a much greater extent than also have a massive Early Ameriand features a Dutch Hip roof. tiling a joint return. taxpayers of the nation as a whole. can style fireplace. This house also and one and has bedrooms It three 3. A new tax credit of $30 for As a result, the 1975 Federal is and has refrigs on the main baths e and the taxpayer, his or her spouse, and changes in raising eration air conditioning. level. The kitchen features a each dejiendent. standard percentage deductions Utah Tech St udent s have lieen n range, oven, dishwasher, 4. A new- earned income tax are not likely to Itenefit Utahns to drop-iconst acMost rooms are and meting Project I louses for the disposal. nedit in the lower brackets only the same extent as they will indi21 years. wall coverings, carpets. cented past by with a maximum credit of $4(X), viduals in other states. I'll k ER A doctor testified that prayer was his greatest source of strength. To him it liecame a greater power than auv offered bv medicine or sc ience. He asked, therefore: If a The Chas. Woods residence: Due to the purchase of a Benchmark remarkable new focal were to be Village Townhouse, this immaculate home is now available for discovered, a sulistance that fed IhhIv and mind alike, that was sale. Upper East Bench location, three bedrooms, baths, large available to all, that cost nothing, recreation room with fireplace and bar. A truly superb value at that could le obtained at any time, 42,500. would any of us in anv place turn away from it and refuse it? The Victor Mansanarez residence: Due to the purchase of a BenchThe Vagal Mind mark Village Townhouse, this great home is also fresh on the marlv - three-quart- -- led-room- double-insulate- three-quarter- d - We Proudly Announce: Ii ket. four bedrooms, V bath, fine carpeting, elegant formal ing room, fireplace, many extras. . . 34,500. din- further information on either of these fine homes, or a Benchmark Village Townhouse contact us at 900 East Upland Drive. Visit our model home this weekend. For lumch lilcirk Uillcigi per SEP anas "More than a place to live. medical benefits QEHQkStonniD . . way of life" A 882-458- 882-3413 5 "See how easy it is. You just raise your hand and ask to leave the room." JTHTfTTT7 Sen LLOYD M. BENTSEN It has liecome unfashionable for an American to wear his patriotism on his sleeve. But 1 had rather see it worn there, right out in the ojien, than carried around in a billfold. When patriotism is expressed in dollars and cents, democracy has lost all meaning. hifjul7 In your Array Representative Homes and Real Property For Sale Beautiful two bedroom home near church and schools, selling for $20,500.00. New roof, new alum, siding, long protective porch across front of home and garage entrance. Rear of lot fenced and including a storage shed. Such beauty inside, with carpeting, lovely drapes and equipment. See this fine home today. acre of land SfflICB (D-T- MISCELLANEOUS FOR SALE Shop Foreman W ins A want Clifton Cook,, shop foreman for Bonneville Motor Company receives congratulations from Bonneville Manager, William Paulos after receiving Ford Motor Companys Bronze reMedallion Manager Award for outstanding service, warranty control and customer of is one only lations. We are proud of Mr. Cooks performance, Mr. Paulos stated. He seven shop foremen representing the 103 dealerships in our service division to receive this award this year. r A fine ts PLANTS sham-pooe- Koeven Greenhouses 1 120 North Main Daily Hours: 9 a.m. to 8 p.m. in this lovely lot in new Save On 350 Professional Sound Equipment large brick home near Harris School, basement is partly two baths in the home, carport, nice landscaping. for $32,500.00. you like, Erda is the place to have two acres of land and large two bedroom mobile home. $14,000.00 is the price. $10,-000.0- for less money. Bring your favorite LP and listen to how great stereo can be to it's self. This fine large home having eleven rooms, two acres of land and irrigation water in Settlement Canyon, the home is of brick construction, built in 1972. Two stories plus a full basement. CALL! Team Honors Sponsor Citizens bowling team (part of the Tuesday Night Tooele City Mens League) recently honored their team sponsor, the Doran Hunt Co. In recognition of the companys support team captain Bill Diel presents a trophy to JoAnn Hunt, a company representative. Team members include, from the left: Bill Becker, Marve Erickson, Carl Seal, A1 Griffith and Harry Edwards. 148 South Main Street Phone I 882-097- 6 type air Like new. Price $50. 6 882-558- 8 882-475- C-- XWWWtMMAMMMMMW CEDAR POSTS for sale $1.40 each. 65 East 1st North. Ernest Vario. 17th TOP QUALITY, LOCALLY GROWN VEGETABLE and BEDDING PLANTS Koeven Greenhouses 1120 North Main Daily Hours: 9 a.m. to 8 p.m. GAS RANGE Apartment size Good condition. White. $65. 882-230- P-- high with One TV. HOOVER REFRIGERATED 14,000 BTUs. SALES 0 FRESH & TOMATOES, PEPPERS, HOT PEPPERS, MARIGOLDS RHUBARB SAVE OVER 50000 one Norge gas dry- Astin Weight Piano. Must 882-274- 18 boat with 50 hp FOR SALE motor and trailer. 435 Overland Rd., phone 882-274- 1. 0 7 ft. 7 in. Sofa Bed with mat ching chair, 2 upholstered chairs 2 end tables, 3 pc. bedroom set, steel folding refrigerator, 39-icot, sewing machine, record player. 882-087- 1. 0 $15; kitchen chairs 50 cents each; 4 drawer chest $25; small apartment size refrigerator $70; bathinette $5; $6. TOOELE GENERAL STORE, 10 North Main Lightweight, i 882-556- . 0 to comprehend the beautif mellow tone produced by large sounding bo Cash or small down 'and over $.30 per month conti X-t- easy to use. Cleans on the floor and above the floor. CALL AL & LID 882-096- 4 54 So. Main BABY CRIB Pictured are Grantsvilles WBBA Little League Team, The Bombers. Kneeling from left: George Parkinson, Tony Sutton, Allan Strickland, Gary Stam, Rodney DeLaney, Ron Proctor and Jeff Bird. Standing from the left: Tom Stam. Manager; Bill Strickland, Lee Strickland, Coach; Roy Peck, Don Kimber, Phil Didericksen, Tonv Oreano, Elliot Lawrence, Steven Stam and Kathy Roberts, Queen. 882-139- SERVICE 0 .b.y&A Air Condition 882-382- 7. Sky- ALSOPS GARDENS Phone Another large double wide mobile home located on rented lot, which would be easy to move to your location. Living room, dinning room, kitchen, three large bedrooms and two baths. This fine home is something to see. A front porch and back porch. Air conditioning, natural gas furnace heat, large lovely landscaped lot. Selling for $16,750.00. - 882-533- er and Maytag auto, washer. fine home. Construction 6000 BTU Refrigeration Delivered to you., Excellent Utah cheese at low prices. Call for information or to place order or If no answer call again. Offered by Pine Canyon Ranch for Boys 0 one 12x13 FOR SALE wall tent. Two single beds mattresses and springs. black and white console Two table lamps. 195 East line Ave. FOR SALE dryer. & 882-100- CHEESE ALL KINDS 882-319- Large beautiful Mobile home 24 feet by 64 feet selling for $23,000.00 which would include the large area of land. Beautiful view of the Valley below, block-iyard, storage shed, three bed rooms, two complete baths, a living room with fireplace, kitchen and den, such fine equipment remain, even washer and Atkin Realty Near-l- y BIG SAVINGS 882-247- A Senior acre of land and brick home in Grantsville City $27,500.00. Notice the beautiful trees, cool and' stock allowed, also a fine garden can be enjoyed with about this - 26. 882-579- 27 inter-com- their own well. Call d Super ex electrostatic console headphones. Youll never buy better quality KIND-D- Over one selling for shady, live water from new. $60. ers 0 Large wonderful new home in area on Main Street where an Doctor's Office, Lawyer's Office or the office, beauty-shop- , like. 1440 square feet of living area on main floor, basement partly finished and ready for your arrangement into that Office you have always wanted instead of renting down Town and having to travel back and forth, missing all the phone calls which could be received after working hours. Foyer entrance, large beautiful living room, dihning room, kitchen and family room, fireplace, three large bedrooms and two bath rooms. Such beauty. Large closets, range and hood in kit. Carchen, refrigerator, disposal,, dishwasher and peting drapes, family room in basement, one half bath, washer and dryer room, another large bedroom. Lots of parking space and near town. audio turntable 3 way Sony accousticle speak- live-stoc- k "VAGA" Mobile home and four (4) lots selling only for in Stockton. Why be without a home, or keep the paying of rent? ? TEN SPEED BIKE one sofa, one kitchen table and chairs, one dress-se- r. Other misc. items. 657 Upland drive. conditioner. Call Marantz 2230 receiver Dual-unite- If its r. FOR SALE finished, Listed FOR SALE player piano. 327 Millcreek Way. PEOPLE every day clean car-jsethe easy way with Blue Lustre. Rent electric GAMBLES, 23 North Main St., Tooele 27 addition near Tooele High School. Also one share of irrigation water in Settlement Canyon Irrigation Company. Build your own home and have us build to your needs. .Over EXCELLENT QUALITY VEGETABLE & BEDDING FACTORY TRAINED Call 882-1- 0 FOR SALE four drawer che: large crib, portable crib, pus lawn mower, electric trollin motor new. Large steel wall ed swimming pool, metal hea and foot board with steel rail: Phone 882-406- 0. p.31 MECHANICS UbiNG GENUINE HOOVER PARTS FOR SALE 10 speed bike. Good condition. Best offer. Call 882-514- 5. |
