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Show mr-r2 I' The Salt Fake Tribune, Sunday, October r tum "b 17, 1982 t w If t t ' Utah Agriculture Chief Tells Computer Marketing Plans By Kric McMullin The promotion budget request includes $15,000 for a analysis and compilation of statistic, $20,000 for a professional directory of available exports and 200,000 for agriculture research The research funds would go more toward applied research lather than theoretical research "Our Idea would be to take the ivory-toweresearch and apply it to farm situations, bald Mr. Collins Some promotion work hag begun already, said Mr. Gillmor, Booths depicting individual Utah farm products were at the 1082 Utah State Fair. In addition, a joint project between the Utah Farm Tribune Staff Writer After four months as commissioner of the Utah Department of Agriculture, Stephen T. Gillmor is beginning to transform his mandate from I he governor to 'do something for agriculture into specific plans that should help farmers market their products, y county-by-count- r The first plan is to connect the state to a computerized marketing system that allows instant communication between buyers and sellers throughout the Western stales Mr. Gillmor also wants to begin an aggressive promotion campaign designed to increase markets for Utah farm products. Bureau, Mr Gillmor met with Gov. Scott Matheson earlier this week to present his department's budget He request for fiscal year 1983-84- . left the meeting smiling. Agriculture resulted in sending a representative to Japan to obtain contracts to sell hay there. Other planned efforts include the export directory, a booth at the Atlanta Trade Fair next ycur, a trade fair in Utah in the future and sending a representative of the agriculture industry along with Gov, Matheson when he makes his coal mission to the Orient this spring. In other developments, Mr. reported that the department has hired a nutrition expert, Claudia Clark, to make presentations at area schools detailing the four food groups, "We need to tell our story to the urban people, he said. "This new's of cholesterol has really hurt the red meat market and we need lo demonstrate the need for combining all four basic food groups " M This $78,000 utility vehicle, displayed at the recent American Mining Congress con- - will be delivered to Utah Fuel Carbon County for work in the mines. volition, in Foreign Groups Influence Show Continued From Page F-- l they also are here to buy equipment And if anyone is worried about the acquisition of mining com panics and equipment manufacturers by others, as has been the style the past two years, one can look forward to a lot of divesting in the next 10 to 20 years, he said These acquisitions, he said, have proven unnatural and unpro fit able. Why should Fluor, a construction company, own St Joe Minerals Co.? Why should oil companies own metal-minincompanies? Once everybody gets buck into his own niche, things will be better, he Muh of the change is hidden in the metallurgy or chemical composition of parts which deal with the endurance and longevity of the equipment in its encounter with ro k and eaith For J Allen Overton Jr, AMC president and now in his 2hth year as its chief adminstrative officer, Terrific Performance Noted For Municipal Bond Funds New York Daily News g s id. A miner of a would not be ago half-centur- y to iden- hard-presse- tify and name the purpose of the modern equipment used to break up, load, grind and process raw earth into the materials that go into products ranging from eyeglasses to television sets to 7 17 jets But in general, he would be astounded by the size and sophistication of the equipment, with its electronic nerve systems and its sinews and muscles of tubing and hydraulic activators Changes of the past 13 y ears hav e emphasized safety and comfort Husky steel plates now are m place o er dm ers seats Alarm systems are stand.! id the exhibition was a joy. Attendance, he grinned, and the size of the show far exceeded the expectations in a lime when the mining industry is in the worst shape it has been in 30 years II is a measure, he said, ol the perennial optimism of the mining bleed Investors couldn't have done ninth better this year than with a municipal bond fund While most of the publicity and attention land trading activity! lately has gone to the stoik market, these funds have yielded from 20 percent to 30 percent when capital gains arc computed along with interest Terrific performance, but is it already loo late to get in' Fund managers point out that municipal bond funds are now paying more Ilian 10 percent interest belter funds than most money-marke- t Mon important, that income isn't subject to lederal taxes And they say greater profits are ahead if interest rales .dav down oi decline ev ell inure That's quite a turnaround fro vears past uh"ti municipal bund returns were steady but small However, their yields began rising last Octover to lure investors away from money funds and other investments By January, the average was breaking the record at 13 percent. The two municipal bond funds managed by the Vanguard Group of Valley Forge, Ba., are yielding 10 percent, "but add in the capital rturn this uauis and the over-al- l vear is 20 percent, says William Hustler, a vice president with the investment firm The Boston-baseSc udder Managed Municipal Bond is leading the field with a 30 i cut return pci high-mteie- 1 If interest rates continue to fall, manv hind managers believe municipalities may repurchase call back) their highest yielding bonds That could pioduce gains of up to 30 percent for bond holders Stephen T. Gillmor Agriculture Commissioner Budget's Gonna Fly' "The governor agreed with most of what we wanted and I think he's committed to the budget. Hell have to make a few changes in it, Im sure, but I think the budget's gonna fly, Mr. Gillmor told participants of the annual meeting of the Utah Council of Farmer Cooperatives held Wednesday and Thursday at the Airport Hilton. The request asks for an increase of more than $4.3 million over $11,215,000 comyears budget pared with the current budget of $6,887,000. Most of that money will go toward soil conservation and will help replace the almost $4 million in federal funds that are being withdrawn, said Mike Zuhl, state budget director. The rest of the increase will go toward the new agriculture building, along with promotions and the new marketing system. The budget request does not ask for additional general fund monies. Instead, the increase would be funded by the sale of $5 million in general obligation bonds. The bond sale would be added to the $150 million bond issuethe governor will propose next year for public work projects Management Planning Paul Collins, director of management planning in the state agriculture department, said if the bond issue is not approved, it is unlikely that the soil conservation program would be continued. That would be a shame, according to Mr Gillmor, who said more than half of the state's rangeland could be improved with soil conservation measures, such as terraces and drainage systems Mr Zuhl said the governor is generally supportive of such measures as they relate to water development and water management of the $150 million bond issue, if approved, would be set One-tlnr- Farmers Utali-ldah- o Union and the Utah Department of aside for improving the state's water quality and water quantity. Heretofore, the state's monetary contribution to soil conservation has been minimal less than $200,000 this year. However, as part of the New Federalism espoused by President Reagan, control of soil conservation is being transferred to but without an accomthe states panying funding source, said Mr. Giil-mo- Zuhl. Software Needed As far as computerized marketing, the department has the computer hardware needed but is asking for $15,000 to buy the software programming, needed to connect with AGNET, the Agriculture Network, and several other regional services, said Mr Collins. Tax Penalty Drops to 16 Percent The department is working with Utah State University, which also wants to obtain the service. Mi. Collins said that if all goes according to plan, Utah farmers should be able to begin using the service within a year. If the department receives the system it is hoping for, a farmer will be able to telephone an extension otfice to determine market reports, advertise animals for sale, advertise an offer to buy some animals, combine a small group of animals for transport with another small group, or any combination of the above. Failure to approve the bond issue probably will not keep the department from obtaining the computer network, said Mr Collins, because of the small amoun' of money needed Likewise, failure to approve the bond issue wou'd not make a dramatic difference m the decision of whether to grant the department's promotion budget request. which stands at $235 000 but could easily d be cut to $115,000, WASHINGTON (AP) The interest penalty for paying federal taxes late will drop to an annual rate of 16 pei cent from 20 percent at the start of next year, the Internal Revenue Sen ice said Friday. 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