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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Aug 18, 1998

Page

8

Housing fund rebates to give homeowners $2200 checks

West Virginians who financed homes via the Housing Development Fund may receive a $2,200 rebate. About 900 homeowners from a $76 million bond refinancing will get lump sum payments, with $3 million more in savings to underwrite future bond sales. Financing is taxable bonds through the Federal Home Loan Bank of Pittsburgh.

Charleston West Federal Home Loan Bank of Pittsburgh West Virginia Hatfield Housing Development Fund

Dow climbs nearly 150 as Clinton testifies

The Dow Jones rose 149.85 to 8574.85 in New York as President Clinton began grand jury testimony, reversing an earlier slide. Markets faced global tensions with Asia's crisis and Russia's debt moves weighing on sentiment, while overseas indices fell.

New York Dow Clinton Monica Lewinsky White House Asia Lewinsky U.S Michael Metz Cibc Oppenheimer

Tazewell supervisors to vote on loan plan

Tazewell County Board of Supervisors will vote on an 85 thousand dollar industrial development loan resolution for Faith Apparel in Richlands. The plan, administered via Cumberland Plateau Planning District, targets a sewing factory expected to create 65 jobs. details are to be finalized with no set deadline.

Tazewell Cumberland Plateau Planning District Hunnicutt

Dandy Mining Files for Chapter 7 Bankruptcy

Dandy Mining Inc., a Mingo County coal contractor for Lo-Ming Coal Co., filed for Chapter 7 on July 17. The Charleston AP report notes more than 2.2 million dollars in debts, including 1,007,578 in unpaid workers compensation premiums and interest to the state, plus amounts owed to IRS MSHA and local suppliers. The company operated two underground Lo-Ming mines and owes 60 miners wages and benefits. Lo-Ming operates Cherry Point Coals and D.A. & H. Coal, which also owe state back premiums.

Charleston Mingo County Dandy Mining Inc Lo-Ming Coal Co Internal Revenue Service U.S. Mine Safety and Health Administration State Department of Tax and Revenue Dandy Lo-Ming Coal Lo-Ming Dandy Mining Cherry Point Coals Inc D.A. & H. Coal Co

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