End of the IRA tax deduction era nears in 1986
Sunday New York reports that after April 15 1986 IRA contributions will remain available but the deduction will vanish for many higher income workers covered by other pension plans. IRAs began in 1975 for nonparticipants and surged after 1981 widening access. From 1982 to 1986 First Boston says about 175 billion dollars flowed into IRAs.
MENTIONED IN THIS ARTICLE
New York
First Boston Corp
Early Deadline At Blue Field Telegraph Presses Saturday Night
Heavy snowfall forced the Blue Field Daily Telegraph to enforce an early deadline and go to press at 8 30 p m Saturday night.
MENTIONED IN THIS ARTICLE
Bluefield Daily Telegraph
Daylight Saving Time Arrives Across Most of the Country
Daylight saving time began at 2 a.m. in most areas causing clocks to be set back one hour. The change prompts residents to adjust schedules and devices to the new standard time. Government and media remind the public to update clocks and be mindful of any schedule shifts.
Weather Brief for Today and Tonight
Accu Weather forecast calls for overcast skies and wind with a high near 36 and flurries. Mostly cloudy and cold tonight with a low around 27. Details on page A-8.
Meador & Land Millinery Opens at 7 A.M.
Looking Back reports Meador and Land's millinery opened at 7 a.m. offering dry goods and dresses described as the best between Richmond and Columbus. Miss Sullivan of Baltimore handles women’s clothing, replacing mail order for Bluefield's finer ladies.
MENTIONED IN THIS ARTICLE
Meador & Land’s Millinery
Snow and outages sweep two Virginias in heavy storm
More than 12 inches of snow fell in the Bluefield region with additional four inch accumulations expected as a slow-moving spring snowstorm paralyzed parts of Virginia and caused up to 5,000 Appalachian Power Company customers to lose power at times. Trees and lines were hit by weighty snow and outages clustered around Welch Pineville and Grundy. Apco crews, some over 30 hours on the job, repaired lines with help from Pulaski, Virginia workers.
MENTIONED IN THIS ARTICLE
Bluefield
Appalachian Power Company
Virginias
Tom Rotenberry
Apco
Rotenberry
Pulaski, Va
Unending storm slows Bluefield area business hours
Daily Telegraph reports a lingering winter storm paralyzing Bluefield area life and forcing Mercer Mall to cut hours from noon to five. Businesses face light customers as snow accumulations dampen commerce and residents seek ways to cope with the slow storm.
MENTIONED IN THIS ARTICLE
Bluefield
Mercer Mall
Mountain Boy to Command Battleship New Jersey
Capt. Douglas Katz, a Bluefield native and longtime car fixer, is slated to command the battleship New Jersey this August. The 58,000-ton ship, commissioned in 1943, has a storied record across World War II, Korea, Vietnam, and the Mideast. Katz, 44, directs professional development for Naval Academy midshipmen and sits on the admissions board selecting 1,300 incoming freshmen. He played high school football with star Roger Staubach and joined the Naval Academy in 1961.
MENTIONED IN THIS ARTICLE
Annapolis
Douglas Katz
New Jersey
Bluefield
United States
Capt. Katz
Leroy Katz Katz
Vietnam
Mideast
Service Academy
Naval
Academy
Bluefield High School
Naval Academy
Roger Staubach
Dallas Cowboys
Security leaks threaten new embassy project
Washington lawmakers and intelligence officials warn the new United States Embassy in Moscow may be contaminated with Soviet eavesdropping devices and call for scrapping the $190 million project. They cite a 1972 decision to prefab much of the building from Soviet components not subject to American inspection. Listening devices were allegedly placed in steel beams as part of the security lapse. The embassy issue follows the arrest of three Marine guards.
MENTIONED IN THIS ARTICLE
Washington
Congress
United States
Moscow
Also Mentioned on This Page
Universal Iras
Oard Cooms
Welch
Pineville
Grundy
Grundy Coal Company
Fred Brown
Chad W. Hatcher
Keissha Hanley
David Bourne
The
Daily Telegraph
Indies
P. Turday
N.Y. Times News Service