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Show Tuesday. December 15, 1981, THE HERALD. Provo. Market Quotes Domenici Talks for Higher Taxes WASHINGTON (UPI) — Highertaxes and cuts in DOW JONES AVERAGES December 14, 1981 Volume 45,131,000 Industrials 882» 98. 86871 9083 AMERICAN STOCK EXCHANGE OPEN CLOSE 8% Bis Federal Resources Frontier Airlines Giant Yellowknife New Park Syntek * Brad Ragen Inc LSERRSS.. KERBES NEW YORK STOCK EXCHANGE OPEN CLOSE American Te! & Tel 4 584s Albertsons 2B AmericanStores BY Avnet Bs Boise Cascade Ss Braniff 2a East 69 al 31s Holiday Inns Hercules Inc Intnl Bus Mach McDonalds Marriot! Min Fuel Supply Northeast Energy Occidental Petrol Savin Bus Mach Squibb US. Steel Utah Power & Light Western Air Intal Moris & Chem OVER THE COUNTER Am Resource Mgmt BSDMedical First Sec ais Prud Fed S & L Zion's First Natl Mtn States Resources Valtek MUTUALFUNDS Affiliated Fund Chemical Fund Dreyfus Fidelity Fund Mass Inv Growth Mass Inv Trust New Perspective Pioneer Fund LA. Bond Debent ML . Basic Valve ML Special Value M.L. High Income federal benefit programs will be necessary if the administration and Congress want to prevent mas sive budget deficits the chairman of the Senate Budget Committee says Rego South Standard Mining Standard Metals Corp Telatrans Tintio Mineral Res BID ‘Am Chemical Amer Consol AMS Anafuel Big Piney Billings Ene Crested Butte Del Coronado Derby Farms EnergyBioneers Escalante Farwest Hiko Bell Kitty Mtn West Ex Oberon Oil Fund Olidan Paradox Oil Ramex Red Clif Slope Spearhead Tuma US. Energy Valtek ditional cuts in highway constructionandthe like he said on ABC’s "Good Morning America be tax cut in history the point of. evoking vuteries from fee ‘al agencies Domenici said the prospect of see! g $430 billion in deficits over the next three years creates an impetus for more That's not a big enough part of the budget Domenici said the billions in savings needed to control the deficit cannot be achieved “without addressing the issue of entitlements (benefits) dramatically and without addi ng theissue of some kind of raising of the revenue base Attacks Lower Budget 1169 12.60 6% 1955 904 107 1069 739 OGDEN, Utah (UPI) — The Utah Taxpayers Association has attacked the proposed Weber County budget for 1982 — even though it is half a million sociation scheduled to conduct hearings on the availability of federal revenue sharing funds and possible legislative action redistributing sales tax collections so County commissioner Boyd Storey 780 said the budget could require a 3.7 mill 2137 9.88 hike — from 12.32 mills to the legal 11.50 dollars less than the current operating tax limit of 16 mills. 11.43 But the tax hike may not be neces: 7.67 budget Weber County Commissioners are sary depending ontax collections, the day. The proposed budget is $561 104 less than the 1981 budget of $19.5 million. The TaxpayersAssociation. a lobbying group funded bybig business and 295 2.80 utilities. said the new budget will re10 2.00 225 quire tax hikesof 70 percentin unincorporated areas of the county and 26 per- DELANEY — CHRISTIANSEN SECURITIES noeShaeeieee nae BristolSilver Bullion Monarch Chief Consolidated Mines Clayton Silver Mines Combined Metals, Inc Comet Coalition Mines Comstock Tunnel Com Tel Inc Croft Oil Co Crown Point Cons Mining Dragon Cons Mining East Utah Mining Co Eureka Standard Cons Excalibur Gold Chain Mining Great Western Mines Justheim Petroleum Louisiana Pacific Res Mammoth Mining Co New Quincy Mining North Lily Mining Park City Cons Mines Park Premier Mining PetroSilver Inc Prince Cons Mining that we've been hearing so much about that is Head Start community development, some ad Taxpayers Association Local Over the Counter... United Park City Mines Utah Cons Mining Mill Utah-Wyoming Cons Oil if we just cut those discretionary appropriations Co < Domenici also said without taking steps now to », reduce the deficit which internal administration : projections show could exceed $100billion this year drastic action I don't believe we can get where we ought to be during Sen. Pete Domenici, R-N M said whittling away $18.9 million spending package Tues- INTERMOUNTAIN STOCK EXCH4 NGE president at proposed domestic spending — the budget control strategy adhered to by President Reagar ~ will be inadequate toprevent recorddeficits during the next few years. Sa 6 not be brought nf Utah—Page 13 BID ASKE! 10 14 ® 1087 11:12 1216 131 144 362 3.87 137 150 0501 % 87 2.04 8 12 or ll 87 112 10 2 10 20 O02 4 8 81 1.00 5 08 81 1.00 162 1.87 5.08 4.00 4.50 5.50 6.00 cent on property locatedincities “Total 1982 Weber County Property taxes charged will skyrocket a record breaking $2.7 million’ said Jack Olson, executive director of the as- 16K TRS-80 ModelIII Computer $999 that local governments would geta big- ger share This is a worst case budget’ he emphasized. “If revenues come in higher than we expect, then we won't ® Helps with Reading, Math,Science, and Other Subjects © HugeLibrary Of Software : © Includes Intro To Programming © Play Exciting Games, Too go to 16 mills.” But Storeysaid the countyhasto plan for the tax hike becauseof the funding uncertainties The commissioners chopped department budget requests totalling $21.8 million backtothe $18.9 million figure MGM Submits to Free Drinks RENO, Nev. (UPI) — A judge has given tentative approval to a settlementin which millions of MGM Grand Rend Hotel patronswill be eligible for twofree drinks because the resort once served watered-down or mispriced cocktails. The settlement, approved by District Judge Grant Bowen. said the customers should receive coupons good for two free drinks and be allowed to see the ‘Hello. Hollywood. Hello” show at half price. ‘ In addition, MGMagreedto payup to Give Your Child A Brighter Future This Christmas! A ModelIIIis the ideal wayto introduce your son or $475 000 attorneyfeesfor the plaintiffs daughter to computers. It's an “all-in-one” personal computer that expandsasskills and needs grow. Theprice is easily justified when you consider the learning potential a ModelIIT hasto offer. Investin your child's future now— it's the investmentofa lifetime. The settlement was the result of a raid July 30 1979. by federal agents who seized 200 bottles at four bar rooms. 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