Newspaper Archive of
The Hinton News
Hinton, West Virginia
Lyft
April 7, 1982     The Hinton News
PAGE 9     (9 of 14 available)        PREVIOUS     NEXT      Full Size Image
 
PAGE 9     (9 of 14 available)        PREVIOUS     NEXT      Full Size Image
April 7, 1982
 

Newspaper Archive of The Hinton News produced by SmallTownPapers, Inc.
Website © 2018. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.




1B- Hinton News Wed. Apr. 7, 1982 Money Matters ] By Monte G. McKensle RICHES OR RIPOFFS? Last week a young woman called me in great distress. She was disillusioned, frustrated and she seemed to know she had been " ripped off". as the saying goes. Nonetheless, she wanted a confirming anayisis. She had answered one of those" How To Get Rich Quick " ads - Make Big Money At Home in the Marl Order Bus- iness - not realizing that the formula for wealth is usually weighted in favor of those SELLING the IDEA rather than those who would sell the prodtlct. Shehad lost $700 finding out that evenff a scheme was not illegal it still was no way to make money for herself. The cost gf operation was in fact more than the possible gain. Tm something that is not always obvious to the inexper- ienced business hopeful. The more the economy faR- ers, the more " Make Big Money at Home" or " Be Your Own Boss" or " Start Liidng Like A Millionaire" ads you see in nearly all publications. The people most often victimized are those who can least afford the loss. And they are usually out  work when they start looking seriously at those ads. Milton Rockmore, who writes a nationally syndicated column entitled" Making Extra Money "wrote to the presidents of 9 of the most frequently advertised promotions, asking them to call him collect, so he could discuss highlighting their proposition in his national column at no cost to themselves. A wonderful chance for them to advertise, right? Yet, in spite of follow up letters to make sure the orig- inals had not gone astray, there were no takers. Mr. Rockmore gets dozens of letters every week from sincere, legitimate franchises or sales promotions, begging for the kind of free these" Get Rich Businesses " You can call me, or Mr. Dean Kenny of the Concord College Center for Economic Action, or the nearest office of Small Business Administration. Your hanker has experience and jud- gement, too, and would help you assess the validity of the offering. Besides, it's good to get a second opinion from someone who has seen many businesses come and go. Right now there are lots of advertising he was offering the phoney franchise deals being 9" Get Rich Quick Companys " But the 9 refused the assis- mce. So we can only assume they could not stand close scrutiny. Before you get caught up in one of these schemes you should say to yourself," If this sounds too good to be true, it probably is." Ask yourself, " If it's so easy, why aren't hund- reds of experienced business people working this scheme - and monopolizing all available opportunities?" Just because the post office or the National Better Business Bureau do not give them had marks for illegal operation doesn't mean you can make • money by following the general instructions. And just because a highly reputable publication carries one of these ads doesn't give it a " Seal of Approval ". Nearly all magazines publish a disclaimer for the advertising. It doesn't mean that by runn- ing an ad the magazine in any way supports the company placing the ad or their claims. Ten or fifteen dollars for the " kit" is the usual these sch- emos as for as starters. Of course, most offer you a 30- day moneyhack guarantee. But do you think many people would ask for their money hack once they realize they're been taken ? Wotdd you? And how 'would you enforce the recovery if it was not voluntarily returned ? There are several places you can turn for advice before you launch yourself into one of Hospital Notes Summers County H?spital ona; Maggie Hipes, Clarmco : March 25, 1982 Mary Burdette, Alderson; Am- . anda Crews, Cool Ridge. Admitted: Thomas Pitzer, • Dismissed: Jesse Martin, Neal Smith, John Martin, Bi- Emily Nicely, Linda Wilson, rdie Gill, Virginia Smith, Nellie Keith Bonds, Charles Surhau- Webb, Mark•Stover, Masil Lilly gh, all of Hinton; James Re- , all of Hinlon; Pauline Sm-' se, Pipestem; Patricia Wills, ith, Ballengee; Lettie Beasley, Jumping Branch; Tanya Mann Forest Hill; Norma Vance, Cat- , Sarton: Billy Lilly, Nimitz; dwell: William PhilliDs, Ler- and John Cooper, Athens. Byrd's.Eye View World Coal Trade The absenc of a mean- ing'Eul coal export policy by the current Administration jeopardizes our nation's  trade position and could seriously impair the future of American coal as an in- ternational energy resource, Unfortunately, after more than one year in oice, the Admiistrat/on has failed to endorse policies that would encourage the devel- opment of our natlon's coal, which is a cenvenient alter. native to foreign oil. Past initiatives to in- creas e domestic coal produc- tion, improve the necessary transportation infrastruc- ture, and establish a politi- cal climate that would be reassuring €o coal-import- ing nations have been aban- doned. Consequently, all the momentum 'that had been building toward an articu- lated and meaningful coal export policy has been lost. For example, the deepen- ing of America's harbors to allow entry of new colliers of 150,000 tons or more is considered essential for the American coal industry to develop its export market to its full potential. The larger ships are expected to offer a 30-to-50 percent ransportation-cast advan- ge over older, smaller -'ips, thus making Ameri- can coal a more economi- cally-attractive source of energy. The Administration, how- ever, has endorsed legisla- don that would require port • costs of dredging harbors to greater depths, without any federal government support. Such an approach reflects a complete reversal of poli- cies that have guided water- way development for the last 150 years. Because port improve. ments would generate bene- fits to broad regions of the country, and to the nation's economy as a whole, the fed. eral government has a re- sponsibility to help lntt/ae and complete the deepening of our harbors. West Virginia is a case in • point. Although our state has no deep-water ports, im- provements to harbors else- where in the country would assist in .the transportation of West Virginia coal to ex- port markets. In 1980, West Virginia produced 44.1 mil- lion tons of coal for exports --almcet 50 percent of all coal exported. Any increase in West Vir- ginia's coal exports, of course, would translate into additional jobs and added revenue paid in state and local taxes. Coal now supplies more than 25 percent of the world's energy needs. Dur- ing the next 20 years, coal will supply one-half to two- thirds of the additional en- ergy required worldwide. Such expansion of the world coal trade holds great potential for the health of our economy and for our balance of trade. But to take advantage of this po- tential, the U.S. needs a well-focused and defined go vole in coal ex- pe that in- cludes the deepening of our harbors. offered. With the Reagan budg-. et cuts, the Consumer Prot- ection Agency can't keep up. The Dept. of Commerce, the National Better Busifiess Bur- eaus, the National Headquart- ers of the Chamber of Comm- erce- these all try to help police and pass on information of phoney deals. Contact any of them for information. In any ,case, never back your dreams with your cash until you are sure the deal is not only igood, but good for you, as well• Monte McKenzie is a prof- essional financial counselor. If you have any questions or topics you would like him, to discuss send them to the Hin- ton News, P. O. Box 1000, Hinton 25951. Livestock Market Alderson Livestock Market Report of livestock auction sale held Friday March 26,1982 amounting to $79,806.31. 377 head of livestock was sold by 72 different consignors, and 66 buyers. Steer Calves: Choice, 68.00 - 72.00; Good, 65.00 - 67.00; Med- ium, 52.00 - 64.00. Bull Calves: 40.00 - 70.00. Hogs: No. 1, 47.00 - 49.00; No. 2, 45.00 - 46.50; Sows, 44.75; Horses, 45.00; Ponies, 16.50. Cows: Commercial, 39.00 - 43.00; Utility, 34.00 - 38.50; Canner & Cutter, 25.75 - 33.00. Bulls: Commerical & Good, 43.50 - 49.00; Cutter, 38.00 - 43.00• Heifer Calves: Choice, 51.00 - 55.50; Good, 46.00 - 50.500. Sheep & Lambs: Blue, 60.00 - 60.50; Red, 56.00;Ewes, B.H., 27.00 - 55.00. .Honored With Party On March 27, 1982 the fam- ily of Mrs. Lettie Hedrick of Poca ( a former Summers Co- unty resident)'honored her with a surprise birthday party at the Holiday Inn in Beckley. This party celebrated her 85th bir- thday. Visiting and picture ta- king filled the evening. She received many gifts and cards for the occasion. The cake was provided by her daughter, Mrs. Leah Whanger of Poca with whom she resides. A delicious meal was enjoyed by those present. All Mrs. Hedrick's immedi- ate family was present inclu- ding five generations: Mrs. Hedrick, her son Elinorth Hed- rick, grandson Norrin (Pete) Hedrick, great grandson Greg Hedrick and great great grand- son Danny Hedrick. Those attending for the ev- ening Included: Mr, and Mrs. Leighton Whanger, Mr, Jerry Wlmnger and Kathy of Poca; Mr. and Mrs. James Vealey and Loft Beth of St. Albana; Mr. and Mrs. FJlsworth Hed- rick and Miss Evelyn Wilson of Hinton; Mr. and Mrs.Norrim Hedrlck, Leri Hedrlck of Point Pleasant; Mr. and Mrs. Will- tam Blean, John and Cindy Blean of Walbridge, Ohio; Mr. and Mrs. Greg Hedrlck and Danny of Beckley; Mr. and Mrs. Larry McClintlc, Alex and Melanle McClintic of Rainelle ; Mr. and Mrs. M.H. Drumheller of Covington, Va. and the ben- oree. Ill[ HAVE TOLD IHE Throe Littll Pip AbN't Bdck Hines! SHE-AN lads, Imm'aeco CompLain, & llndunp Finn Am .All Fa Godiiietliers. lilllt't fl Yea Am't,€ Aimt Yw mmq cram,  Ualilased Emil I I I I I Windfall Profit Question & Answer Column be entitled to the credit. Q. What oil qualified to be included for the Windfall Profit Tax'. A• To qualify, oil must be considered Qualified Royalty Production. This oil is crude oil which is attributable to an economic interest, other than an operating mineral interest. Q. How does a qualified roy- alty owner get a refund or credit? aRy owner is defined as an individual, an estate, or a quaP ified family farm corporation having an economic interest, other than operatin ( 31 work- -=' ",terest, in crude oil re- moved from the premises dur- ing January 1 through Decem- ber 31, 1981. Trusts do not qualify• The oil must have been subject to tax under the Crude Oil Windfall Profit Tax Act of 1980. In the case of an econ- omic interest owned by a par- A. As a qualified royalty tnership, the partners are trea- owner, you will receive a Form ted as owning the economic 6248 from the purchaser of the interest; if the partners are domestic crude oil. Form 6248, otherwise eligible they would "Annual Information Return of The Economic Recovery Tax Act of 1981 provides qualified royalty owners with a credit or refund of up to $2,500 of their windfall profit tax liability on oil removed during the period January 1, through December 31, 1981• The following quest- ions and answers have been prepared by the Internal Rev- enue Service to help taxpay- ers understand how the credit vorks• ............ entitled to the credit? A. You are entitled to the credit if you are a qualified royalty owner. A qualified roy- Health Screening Up Commissioner Leon H• Gin- sberg said recently that hQalth screenings for children who re- ceive medical services from the Department of Welfare are up from last year's level. By November 30, 33,659 children had been screened under the Early and Periodic Screening, Diagnosis and Treatment Pro- gram (EPSDT), more than the 1980 total of 29,43 for 12 mon- ths. . The EPSDT screening includ- es a complete checkup for immunizations, development, and a test for lead poisoning. The commissioner said the dis- orders most often discovered in the screening clinic include State Reading Teacher of the Year Announced The West Virginia State Re- ading Council in its week - end Conference at the Greenbrier Hotel has named Mrs. Joyce Morris the State Reading Te- acher of the Year. Each year the Council bestows the Eddie C. Kennedy Award upon an outstanding reading teacher in West Virginia. This year's hdnoree is from Fairmont. A reading teacher at Monon- gah Elementary School in Ma- rion County, Mrs. Morris is a graduate of Fairmont State College and West Virginia Univ. ersity where she holds a Read- ing Specialist Certificate• Mrs. Morris' t3 years of teaching experience included teaching 9th grade English, 4th grade Reading and 10 years as a Special Reading teacher in Webster and Marion Counties. Mrs. Morris is President of the West Virginia State Liter- ature Council. She is Chair- person of the Instruction and Professional Development Co- mmittee of the Marion County Education Association as well as a member of the Values Committee of the West Virginia Education Association. She was selected as a member of the Delta Kappa Gamma Internat- ional Society of Outstanding Educators. "The excitement of a child when he suddenly realizes that he is actually reading and his obvious enjoyment at accomp- lishing this crucial task creat- es a personal feeling of acc- omplishment for me," is a direct quote from Joyce, and reflects why she was chosen to be West Virginia's Reading Teacher of the Year. heart murmurs, hearing losses, and eye and ear problems. This year, 42 per cent of the ch- ildren screened were re- ferred for further treat- ment, funded through the Medicaid program. EPSDT is a voluntary, fed- erally-funded program, con- tracted through the Depart- ment of Welfare for screenings in the Department of Health clinics in each county. The program is directed by John A. Boles Jr., a former Bluefield State College foot- ball player. Boles, a native of Charleston, is a Little League coach in football and basket- ball in the St Albans East- ern League. Children eligible for the pro- gram are screened monthly up o 18 months of age, once a year '.'rom 2 to 6, and every three years from 6 to 18. Depart- meat of Welfare social work- ers may recommend children to be checked yearly. Persons who think their ch- ildren may be eligible for EP SDT may contact their local Department of Welfare office or John A. Boles at 348 - 8990. IilNTON I,ITTI,E I,EA(iUE BASEBAI,I, Sign - ups for Little Leage, Minor League, and Senior Le- ague will be held at the Little League Ball Park in Belle- point on Sunday, April 4th at 2:00. Additional sign - ups and try - outs will be held at the Little League Ball Park on Sa!urday, April 10th at 2:00. Th no sharm m b¢ ard o hcar. 'l It a dam shame dotag r/.ght about Jr. • THRIHE OUT OF FOUR PEOPLE WHO ARE HARD OF HEARING AREN'T DOING A THING ABOUT IT. YOU -- OE SOMRONE YOU KNOW -- MAY BE ONE OF THEM. ALL THOSl WHO ASSOCIATE WITH THB HARD OF HEARING SUFFER MOST, IF YOU HAVE TO ASK PI[OP TO REPEAT -- HEAR BUT CAN'T UNDESSTAND -- ISN'T IT TIME YOU ,DID SOMITHING TO HELP YOURSELF, FEIENDS AND LOVED ONIS.? TODAYI FRH TESTING AND TRIAL OF "THI HEARING AID fITED TO YOU IS AVAILABLS WITHOUT OBLIGATION. 'CALL -- WRITE -- OR COME IN Summers County' Community Clinic operated by Mountain State Hearing Aid Center which has been serving the ..... hard of hearing for 27 years .|||[||.. in Southern West Virginia. I Tax-Dedactlble Every Thursday Morning 1' | .... ldalea front 9:Q0 to 12:30. For I I M"'--"''" information or appoint-! | ' IN. ,  ment Call 466- 4797 or 466 -: I I -- 1 I000 Ext 238 466486 Windfall Profit Tax", will show the amount of the windfall profit tax liability and the amount of the windfall profit tax withheld for oil removed during 1981. Since the windfallk profit tax liability for oil re- moved during January through December 1981 may be greater or less than the windfall pro- fit tax actually withheld during calendar year 1981, the amount of liability can be computed using the information from the Form 6248 and completing the Form 6249, " Computation of Overpaid Windfall Profit Tax ", which is attached as a supporting schedule to the ind- 'ividual income tax return for 1981, Q. My income is below the filing requirements for a Form 1040. How do I receive my re- fund? A. An individual royalty ow- ner who is not required to file a Form 1040 may instead attach Form 6249, or Form 6249 - A, to a completed Form 843, " Claim ", in order to receive a re- fund of overpaid windfall pro- fit tax. Q. When can a Form 6249 - A be used instead of Form 6249? A. Form 6249 - A, " Roy- alty Owner's Credit for Over. paid Windfall Profit Tax", is available for use by royalty owners meeting the following conditions: - the royalty owner is an individual and No member of the individual's family is a shareholder in a family farm corporation, -- the amount of windfall profit tax withheld is $2,500 or less, -. the individual's liability for windfall profit tax for oil re- moved in 1961 is $2,500 or less: -- not more than one member of the family., i. e., an indiv- idaul, spouse, and minor childr- .en, is eligible for the credit. However, this will not apply to an individual and spouse if their children are not eligible and if the couple files a joint individual income tax return. Q Where can I get the Form 6249, Form 6249 - A, and Form 843? A. The forms are available at IRS offices throughout the co- untry. In addition, many pur- chasers will provide copies of Form 6249 - A to royalty ow- ners. Grasshoppers Emerging According to Agriculture Co- mmissioner Gus R. Douglass the green-legged grasshopper is now emerging. Plant Pest entonmgloists are receiving gr- asshopper-related calls from Lin- c,ln and Wyoming counties. Lasl year, 14 West Virginia cunlies reported h)calized he- avy p, pulalions of the grass- hopper. Major feeding occurr- ed ,n a variety of grasses and br, mdlea f weeds, wil h some re- p}rts of feeding on stYffwbe - rries, tobacco and vege, ables. Widespread damage lo cr, ps and young fruit trees is not expected. The green-legged grassh,pp. er has only one generali, n per year and should fade front sight by early to mid - July. Co- mnmn garden and orchard in- sect icides do an adequate job of c.ntrol if feeding occurs. For monitoring purposes, re- p, rts of heavy grasshopper populations can be phoned to 348 - 2212 or mailed I,) Plant Pest Control Division, West Virginia Department of Agri- culture. Charleston, WV 25305. • •Students in Summers County Schools consistently exceil in both academic and nonacademic areas and contests. There are numerous examples of this, and we would like to give a few. .. READING: over the past three years, Summers County third and sixth graders have scored at or above the national average on State - County Tests of •reading. .. LANGUAGE: Summers County will field a team for the English Bowl coming up soon. • •MATH: Summers County has, in the past, had re.gional and state winners in the Math Field Day. Regional winners thm year are Ella Atkins and Paul Greeo. • .SPELLING: Fifth, sixth, seventh, and eighth graders compete every year in both the County and Kiwanis Spelhng Contests. Last year's wmners in the County Contest were Karen Ward (Talcott) and Mary Harvey ( Hinton Area). .. SOCIAL STUDIES: Last year's State winners in the Social Studies fair included Karen Cyrus, Karen Braswell, Danny Willey, Galen Reliford, and Opie Young. This year we have 70 students eligible to go to the State • Fair in May in Huntington. .. Hinton High School's Current Events Team came in second last year in state competition. Currently they are rated third and may be invited to participate in the finals on Channel 6. • .VOCATIONAL: A student in the Summers County Career Center, Kathy Vandali, took first place in the State Home Economics Related Occupations contest and will represent West Virginia in the national competition. .. The Future Business Leaders of America competed at Bluefield State College and brought home four first place and one second place awards. ..The Career Center also boasts a State FBLA Vice - President. • .FOREIGN LANGUAGES: Our Latin students recently participated in a Junmr ClassiCal League competition and came in third in Vocabulary. • .ART AND MUSIC: We have had student art work displayed In Charleston in exhibits for Youth Art Month. ' .. In addition to new junior high band programs at Sandstone and Talcott, the Hinton High Band continues to perform well. . • .GIFTED: The Elementary Gifted students participated in a regmnal Gifted Quiz Bowl at Concord. College and won first place, beating Mc Dowell County  the semn - fmals and eliminating Raleigh in the finals. • •MISCELLANEOUS: Sylvia Mathews will be one of only. two West Virginians to go to Japan this summer for a new scholarshnp program called Youth For Understanding, .. Jan Rogers excelled in this year's Junior Miss Pageant. She was voted Second Runner - up and also won the Scholastic Award and the coveted Spirit - of - Junior Miss award. • .We also can boast of having the State Chaplain for Youth in Government. .. These are only a few of the awards that our students have won. This shows that the schools are doing a good job in educating our children. we ..When the special school levy passes, . will continue to provide for your children more than a basic educatmn. We will give the most complete education that we can. And we feel that Summers County's Students deserve the best. Don't you? Pleasevote FOR the school levy on April 12. • .Paid for by . .Summers County School Personnel