January 11, 1983

A dispatch from San Salvador Nov. 3 about Ambassador Deane R. Hin- ton's views on aid to El Salvador in- correctly identified an organization that took out newspaper advertise- ments attacking him. It was the Chamber of Commerce and Industry of El Salvador.

President Reagan will probably agree to a special package of contingency tax increases to be put into effect in 1985 and thereafter if Federal budget deficits are not declining sharply enough, Administration officials said today. The tax proposal, which officials said would raise $40 billion to $50 billion over a three-year period, was made to the President at a meeting with his top economic advisers this morning. If approved by Mr. Reagan, the contingency plan would be submitted to Congress as part of the President's budget proposal for the 1984 fiscal year. The President will submit his budget to Congress at the end of January.

Armco Inc., the nation's fifth-largest steel producer, announced yesterday that it was discontinuing some operations at three plants in Missouri, Ohio and Texas, resulting in a permanent loss of 2,200 jobs and contributing to a fourth-quarter loss of about $180 million. The company, based in Middletown, Ohio, is closing its coke-making operations in New Miami, Ohio -which have been suspended since May - as well as most of its carbon-steelmaking facility in Houston and its carbon-steel products operation in Kansas City, Mo. Carbon steel is used in automobiles, appliances, ships and construction materials. Harry Holiday, Armco's chairman and chief executive officer, attributed the closings to the ''worldwide recession and its impact on our economy.''

The United States Justice Department has been investigating members of the Puerto Rican police force in connection with murders, kidnappings, narcotics trafficking and the theft of $1.3 million in gold, according to Puerto Rican officials close to the inquiry. Senior law-enforcement officials in Washington said the investigators had found evidence of ''broad and significant police corruption'' and are now presenting it to a Federal grand jury here. The inquiry, covering the last two years, was carried out by a special 15-member Justice Department task force with the cooperation of the Bureau of Special Investigations of the Commonwealth's Department of Justice. It began, the Federal officials said, as an investigation of the slaying of a murder witness, and was initially requested by Puerto Rico's Governor and Police Superintendent.

Ten days ago, New York City's economic forecasters, faced with a sluggish economy, reduced by $30 million their estimates of how much the city would receive this year from the financial-corporation tax. Then last week, President Reagan signed into law a measure that will bring the city a lump-sum payment of almost $18 million for having provided police protection for diplomats on visits to New York in recent years. A loss of $30 million, a gain of about $18 million - that's the way it has been going for the Koch administration, which has found itself in the midst of the city's most difficult financial problems since the mid-1970's. Computers and Coffee The actions Mr. Koch has taken to close the ever-growing holes in his budget, including a plan to lay off thousands of workers and raise taxes, will eventually affect everyone who works and lives in New York. But the first tremors have already reached the people who toil in the city's Office of Management and Budget.