Show A2 — The Herald Journal Logan Utah Saturday January 25 2003 Nation Q dmdA 0w NEW YORK AP) — Wall Street slid to its lowest levels in three months Friday as war anxieties and a brokerage downgrade of insurance giant American International Group sparked fears of a faltering economy in the coming months The Dow Jones industrials dropped 238 points Analysts say many investors wanted to dump shares ahead of Monday's key report by UN officials on arms inspections in Iraq and President Bush’s State of the Union address Tuesday Their comments are expected to signal whether war is imminent “It’s war jitters” said Larry Wach-te- l market analyst at Prudential Securities “When you have all this naggi ng uncertainty you have this AP photo Traders Jeffrey Pierce center Dino Chirbas left and Paul Zirpolo follow the dose of the market Friday in the S&P 500 Futures trading pit at the Chicago lows Friday Mercantile Exchange The Dow and S&P 500 hit three-mont- h lows reached on Oct 9 analysts said but are still well above their multi-year abdication! People have backed away and said ’Let’s wait till next week’” The Dow fell 23846 or 29 percent to close at 813101 It was the fourth loss in five days sending triple-dig- it stocks to their lowest levels p since Oct 16 when they 'closed at 803603 The broader market also fin- ished sharply lower The Standard & Poor's 500 index dropped 2594 or 29 percent to 86140 also its lowest level since Oct 16 when it closed at 86002 The Nasdaq composite index fell 4613 or 33 percent to 134214 the blue-chi- lowest finish since Dec 31 For the week the three main indexes posted their second losing week with the Dow falling 53 percent the Nas- daq dropping 25 percent and the S&P different type of swimsuit issue A Charitable checkoffs increase on tax returns National Geographic special edition looks at swimwear history (AP) — PHILADELPHIA There arc child abuse funds ' WASHINGTON (AP) — It’s the middle of winter so it must be time for a swimsuit issue to liven up magazine reading No not that one National Geographic is doing a swimsuit issue issue that takes a It’s a special newsstand-onl- y detailed look at people wearing swimsuits but without quite the titillation some other magazines muster Instead National Geographic takes the reader on a historical tour of the swimsuit over the last 100 years The photos in the magazine brought out “a sense of fun and wonder — as well as total astonishment at what some people will wear in public” said Bill Allen National Geographic's editor-in-chi- 500 losing 45 percent American International Group dropped $489 to $5604 after Moigan Stanley cut the insurer’s stock rating to “equal weight” from “overweight" CMS Energy lost $247 or 289 percent to $607 after the company sus- pended its dividend and said its 2002 net loss would be worse than expected Amgen declined $126 to $5224 after die biotech company reported a quarterly profit that was in line with analysts estimates Analysts sky tepid corporate earnings outlooks issued in recent days have dampened investor ' optimism leading to selling that has erased Wall Street's New Year's rally Concerns about a war with Iraq also weigh heavily on the market big-heart- ed $273 million in states 41 ce AP photo swimsuit factory worker in Portland Ore sews a bikini in this 1969 photo This image is from "Swimsuits 100 Years of Pictures" a special collector's issue from National Geographic on newsstands Feb 1 A said Six people on the ground suffered minor injuries a hospital spokeswoman said Authorities earlier said people had been trapped in the wreckage of one of the planes but it was not immediately clear if they were the victims who died The crash site of the twin-engiPiper Cessna Cheyenne II and a single-engin- e 172 Skyhawk were about half a dozen blocks apart the tail of one plane rested on a sidewalk Maureen Ulevich said she was walking her dog when she heard a loud bang kxrkcd up and saw one of the planes “It looked to me like the left wing had fire and smoke It was sort of spiraling down toward the ground not nose down but sort of flat" she said “It looked as if there was fire in the engine" ne DENVER (AP) — Two small airplanes collided Friday over a residential neighborhood in northwest Denver killing three people on the aircraft and scattering debris into yards and homes authorities ' Temperatures rise in space shuttle lab CAPE CANAVERAL Fla t AP) — Space shuttle Columbia's astronauts moved some of their medical test equipment from the laboratory into a cooler part of the ship Friday alter a dehumidifier breakdown caused the temperature to hit nearly 80 degrees The astronauts Uxk part in a variety of medical experiments including one in which they exercised while monitoring their heart and lung function S35 million '90 '92 94 DONE RIGHT! 1 1 1 who's a millionaire" YAMAHA NEW LOW PRICE! ilia? gates 95 Magnetkcaly shielded 5 channel speaker package i - Advanced YST Active Servo powered subwoofer Quad-HelCinema DSP f YHT300 d QBiMEE?ni& OtESia A 1UDIO MIDEO 1(59 North Main Logan UT 84321 7584564 Store Hours: Monday thru Saturday IfcOOajsTAOpjn i Everton's - ' nimni (Saggfr iltt 25 West 100 North ipropam-6:0- 0 Hardware Logan pm AF Checkoffs first appeared in 1972 when the federal government allowed taxpayers to earmark part of their taxes lor a presidential campaign fund In 1977 Colorado started the first state checkoff program to use refund money In Vermont the Nongame Wildlife Filin! is the most successful of the state's three checkoffs collecting about $I(X)(XX) a year sateflitet a speakers round out the package including 4 center channel and on Advanced YST subwoofer How can you go wrong when everything’s been done right? SDVXSIOO thinks outside the box to this Home Theater Package you bring that brings together YAMAHA'S renowned sonic and build quality Doiby Digital Dolby Digital Matrix 61 decoding Dolby Pro Logic II dts DTS-E- S 00 million The KoreanA'ielnam Memorial fund has collected $215000 in five yeats In Philadelphia last week the Pennsylvania Bieast Cancer Coalition kicked off a public awarenesseampaign The SS given by the average donating taxpayer iiiscs about $175000 yearly money given as research grants "We're dependent on a lot of people donating a little bit of money" said Bonnie Squires a vice president with the coalition "It's not as if ' we're looking lor someone YAMAHA Home Theater receivers have long been an Industry leader Now Yamaha extends that leadership to the Home Theater package Aside from the quality that comes with the Yamaha name you get Doly Digital dts Dolby Digital Matrix 61 DTS-E- S Matrix 61 and Dolby Pro Logic II Phis Yamaha has teamed up with an industry leader in digital processing Faroudja and added DCDi processing and progressive video output to their built-i- n DVD for outstanding image reproduction! 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'96 '98 SOUHCE F ( ll’rl! on Aflmir slrili-i- s mmiwm HOME THEATRE PACKAGES K3UU Taxpayers can designate part of their income tax refunds to charitable causes In 2000 taxpayers gave $273 million to causes through checkoffs Total donations raised by checkoff! in 2000 according to the Federation of Tax Administrators While that was up about $2 million over 1998 fund directors this year — in a time when private and corporate giving has dropped sharply are trying to remind the public that a checkoff donation can go a long way Checkoff Colorado a new coalition began an advertising blitz last week Posters and commercials by Gov Bill Owens will remind taxpayers to give "This year it's perhaps more important than it's been in the past because I think the other sources of revenue that they've had have either been cut or reduced" said Checkoff Colorado spokesman Jon Pushkin Tax checkoff programs have been growing from 103 in 1989U) 179 in 2000 accord ing to Ron Alt of the Federation of Tax Administrators All 41 states with a broad-baseincome tax have at least one checkoff Some might have 1(H) many "The problem lends to be the more you get it stalls to get difficult to put on the tax return and it makes it more complicated" Alt said Virginia has 2 checkoffs on its tax return from the Chesapeake Bay Restoration Fund to the Jamestown-York-low- n Foundation California and Alabama have each has five Pennsylvania checkoff funds In 20 years the Wild Resource Conservation fund has generated $62 d In brief Planes collide over Denver three killed Checking off taxes -- ef Swimming became popular early in the 20th century Some of the early suits with stockings and shoes weighed 20 pounds or more when wet no wonder swimming classes often were held on land rather than in the water Things have lightened up since then with women's suits shrinking to two pieces in the 1940s bikinis in the following decades and almost vanishing in recent years A 19 16 photo contrasts men in suits with tops — men wouldn't start going topless for another 20 years — with a 1917 view of Polynesian women already topless in their warm climate much to the dismay of some visiting Westerners suits worn Nostalgic photos tour the one-pieby women in 1930 in New Orleans Florida’s Wakulla Springs in 1944 and by “Miss Sopot” in Sopot Poland in 1956 Other shots show the crowd at Coney Island on a summer day in the 1950s and Atlantic City in 1961 and wildlife preservation funds There are funds that benefit the homeless There are others that raise research dollars for cancer and Alzheimer's disease All of them rely on taxpayers willing to donate a little portion of their income tax refunds to charity Income tax checkoffs raised 752-154- 4 |