The Nashville Graphic from Nashville, North Carolina • 8

PAGE 8-A SHV1LLE, GRAPHIC, NASHVILLE, NC THURSDAY, JANUARY 4, 1 996 Faircloth rovisions are announced for flue-cured tobaecWogram THE NX national acreage allotment WASHINGTON The U.S. Department of Agriculture today announced the provisions of the 19 flueuredtobcmjSQiarn. of 934.6 million -pounds and is based on the following: Million ii. 1 1 A Taxpayers' Award or the 1996 crop is 418,391 acre down from the 199i allotment of 447,605 acres. 1 For catir vutk, -iiic quota and allotment will decrease about 6.5 percent from 1995.

The effective quota is expected to be about 944 million pounds, or 2 percent above 1995. The marketing assessment will be 0.8005 cent per pound, whieh-is paid by both growers and buyers, Pounds Purc4iase intentions by domestic cigarette manufacturers: Unmanufactured exports (3 yr. average): Reserve stock adjustment Discretionary 475.5 344.8 80.3 The national average yield goal remains unchanged at 2,088 pounds per acre. The price support level for (he 1996 crop is $1,601 per pound, up 0.4 cent from 1995. 2TIf" 'iot-ff lEraT xtirtsnper promo" -for the 1996 crop of flue-cured 11 l- tt f-i I v.

J- The national marketing quota for the 1996 crop is 873.6 million pounds, down from the 1995 quota Estimated Tax payment GREENSBORO The final estimated tax payment for 1995 is due January 16, 1996. "Estimated tax payments are made four times a year by taxpayers with significant income that is not subject to withholding or when too litde tax is wjjfiheld," said J.R. Starkcy, district director of the Internal Revenue Service. Generally, taxpayers should make estimated tax payments if they will owe $500 or more in tax fnr the vcar and they estimate that be i. 'h visile: of 90 percent of the" tax shown on their return for the year, or 100 percent of the tax shown on the prior year's return.

Additional information on estimate lax payments is available by calling toll-free 1-800-829-3676 and requesting IRS Publication 505, Tax Withholding and Estimated Tax. Automotive Tire Sales I 2Wheel Di! Disc Brakes wewiu Install new Iront disc pads Repack front wheel bearings and torque to specs Machine two front rotors Check brake fluid Other Service Shocks, mufflers, wheel alignment, oil and lubricants. ALL DONE BY PROFESSIONALS Save Time Call for Appointment We also Computer Balance Truck Tires 906 Eastern Nashville, C. Conributed PtictST Sen. Lauch Faircloth accepts award U.S.

Sen. Lauch Faircloth accepts the Taxpayers' Friend Award from a representative of the National Taxpayers Union. Sen. Faircloth received an grade from the bipartisan group for his record on voting to reduce federal spending during the 1994 congressional session. TO THE NASHVILLE GRAPHIC tobacco.

Importers of flue-cured tobacco will be responsible for the full 1.601 cents per pound assessment for imported tobacco. The no-net-cost assessment will be announced later. Semi-Metallic Pads Available PHONE 459-7545 housewares limited to stock on fund. -llNewYearte 1 I 0(O i I audio 1 (TOSjFH JkU SXL, lfeiaiy.RbWfl!i1 eiro 7iuj0iu 5 pM 1 I I I cannot be used in WASHINGTON Sen. Lauch Faircloth (R-NQ has earned the Taxpayers' Friend Award from the bipartisan National Taxpayers Union for his outstanding record on WAre federal spending and deficits during the 1994 congressional session.

Sen. Faircloth won an grade from the group, based on a study that included every single vote that affected the amount of federal spending and weighted the votes according to importance. Of the eight Taypayers' Friend Awards designated, Sen. Faircloth's tanking was the fourth highest in the U.S. Senate.

"There is nothing I would "rather "be known for than being a friend of taxpayers. I will consistently vote to hold the federal bureaucracy accountable to the American people for how the r-iJrcioth. The National Taxpayers Union conducts the only study that takes into account votes on issues which both directly and indirectly influence federal spending and taxes. A total of 109 Senate oil call votes were selected, including votes on appropriations bills, authorization bills, budget target resolutions, major tax bills, amendments, and certain procedural voles that rould affect federal spending. Tobacco quota set for 1996 Graham say outlook looks very good RALEIGH The national marketing tobacco quota for 1996 is 873 million pounds, down from the 1995 quota of 934 million pounds, according to the U.S.

Department of Agriculture. However, state Agriculture Commissioner Jim Graham said farmers can be optimistic when they look ahead to 1996. 'The outlook is good," Graham said. "1995 was not a good crop year, but prices were still good." Graham said 1995 marked a significant turnaround from 1994, when many agriculture officials were expecting higher cigarette taxes. "For 1995, there was approximately a 16 percent increase, which was unexpected, Graham said.

He said fanners can expect another billion dollar crop in 1996. Tobacco cash receipts in North Carolina fell under SI billion in 1994 but climbed back up to SI billion in 1995. USDA set the national average yield goal at 2,008 pounds per acre, unchanged from 1995. The price support level for the 1996 crop is $1,601 j)cr pound, up 4 cents from 1995. The national acreage allotment fro the 1996 is 418,391 acres, down from the 1995 allotment of 447,605 acres.

For each farm, the 1996 basic quota and allotment will drop by about 6.5 percent from 1995. However, the effective quota is expected to be 944 million pounds, or 2 percent above 1995. Answer to King CroMword The Nashville Graphic To subscribe call 459-7101. "irnn aPIbtbiawt" a S11J6T6CIJa U'5T A vjJ- I URN lyW Ntsjnfl 9 nTnTijlPi nj; i jw'o m6S i njolilo i I. fill ftUfTuKTIisiMD SUBSCRIBE i7.

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