The Cincinnati Post from Cincinnati, Ohio • 17

The Post Saturday September 29 1990 9B Business Zimmer to burn Ohio coal exclusively Andrew Leckey "Zimmer by purchasing coat mined in the state can boost the economy in southeast Ohio atone by $75 million Neil Tostenson President Ohio Mining Assn Entertainment memorabilia is hot hot hot tion has said Zimmer by purchasing coal mined in the state can boost the economy in southeast Ohio alone by $75 million annually The Zimmer plant will use 35 million tons of coal annually starting next summer to produce enough electricity to power 1 million homes Zimmer which has a 30-year life span is also partially owned by Dayton Power Light and Columbus Southern Power Co It is the only plant ever converted from nuclear fuel to coal Bird said the companies had a of about five potential coal suppliers and would likely grant contracts to at least two Ratepayers will pay $36 billion for the plant that cost $13 billion to By Jennifer Kent Post staff reporter Cincinnati Gas Electric Co is expected to sign exclusive long-term contracts early next month for Ohio companies to produce 35 million tons of coal a year to fire its Zimmer power plant will probably be within the next couple of said Michael Gri-bler an attorney for Gov Richard Celeste and the state coal industry had been pressing for the exclusive use of high-sulfur Ohio coal instead of a lower-sulfur version found in states such as Kentucky Sulfur emissions are a major contributor to acid rain Gribler emphasized no contracts have been signed yet but said 55 million tons of coal a year in 1970 to just 30 million tons last year is a return on our said Heidi Findley a Celeste spokeswoman referring to the $373 million in bonds issued by the Ohio Air Quality Development Authority in 1985 to help fund the cost of scrubbers at the Zimmer Plant Scrubbers remove sulfur dioxide from a exhaust one of the hot spots on the Ohio coal said Jackie Bird director of the Ohio coal office Ohio voters in 1985 also passed a $100 million bond issue to help utilities find new cleaner ways to burn high-sulfur coal Neil Tostenson president of the Ohio Mining and Reclamation Associa would stick with Ohio coal will burn 10 percent of the Ohio coal said Howard Johnson manager of clean coal technology for the Ohio Coal Development Office hurt (the He said Zimmer located in Moscow Ohio would be an economic shot in the arm for Ohio especially the southeast where most mines are located which has gone from producing What do a wacky space family a yellow-clad detective and masked turtles have in common? They all made it big on the silver screen in 1990 boosting not only their visibility but the value of their memorabilia Consider the results: A vintage lunch box with thermos depicting the cartoon family The Jetsons recently sold for $700 A one-inch-diameter Dick Tracy pin a free giveaway in 1952 fetched $75 A small action figure of TV reporter April a character from the Mutant Ninja cartoons now commands $45 because the correct blue stripe was mistakenly left off of her uniform Yes some folks are willing to shell out big bucks for the right film television or cartoon item that jogs the right memory even if that memory is sometimes fairly recent Entertainment memorabilia is hot This phenomenon steeped in nostalgia though somewhat hit-or-miss makes many parents wish never badgered their kids to clean out the junk from their closets While classic film items command the biggest collectible dollars television holds its own A board game based on the TV antics of Lucille Ball bought for a couple of dollars in 1958 recently brought $150 A paper doll book based on the TV series which features actress Susan Dey has increased in value from $2 to $25 Some memories apparently go back further than others especially in the case of films For example the script for the film sold for $231000 at a auction and the ruby slippers from Wizard of brought $165000 to do with Disney is hot right now with Mickey Mouse and Donald Duck the most collectible of the characters and vintage Mickey Mouse watches quite said Richard DeThuin a literary agent and author of The Official Identification and Price Guide to Movie Memorabilia published by The House of Collectibles and distributed by Ballantine Books films anything to do with With the or Without a draws immediate The most in-demand actor items are those of Greta Garbo Humphrey Bogart James Dean Jimmy Cagney Marilyn Monroe or Rudolph Valentino All had cult followings that continue to this day Would-be collectors of entertainment memorabilia can attend auctions or conventions visit collectible stores or scrounge through garage sales and place advertisements in the newspaper It is a tricky business Sometimes seemingly original items are simply cheap rip-offs which will never be worth anything offer to buy an item from someone unless I know that it is a good piece that be able to sell down the line for twice as much or said Gary Sohmers owner of Wex Rex Records Collectibles in Hudson Mass is important in any investment and you must keep up on popular and likely to gain in ROBERT DICKERSONThe Cincinnati Post Elliott Channel 25 has potential audience of 450000 Mt Hope high rise gets city OK $27 million plan earns support after revisions By Douglas Bolton Post staff reporter A city official Friday cleared the way foi construction of a $27 million high-rise con dominium complex in Price Hill In a draft report to be issued Monday city hearing examiner Ronald Kull has approved plans for the 104-unit complex on Mt Hope Ave Kull had earlier this year rejected the plans by local developer Mid American Development Co The developer dropped an appeal of ruling and submitted new plans this summer decision comes 10 days following a public hearing where many neighbors surrounding the project shifted their support behind the developer instead of supporting a few neighbors at the foot of Mt Hope who are still opposed to the plan think we had a lot of good support from the project architect Gerry Foote said about why the project won approval But Mid American also made several major changes in their plans which will lead to the largest high-rise residential complex in nearly three decades atop a west side hill The original version include three three-story townhouses and consisted of two 13- story towers that were attached The new version includes newly designed buildings that are separate one 15 stories and the other 21 stories Mid-American hopes to begin construction on the first of the two towers next spring The complex also calls for three three-story townhouses on a 41-acre site Most of the units which will have commanding views of downtown and the Ohio River will sell for about $385000 each ruling can again be appealed but Foote believes most council members now support the project Mid-American officials waged an aggressive campaign this summer to convince area residents to support the project An economic report commissioned by the developer said the project will funnel $656 million into the local economy Opponents still say the project will further jeopardize Mt Hope one of many land-slide prone hillsides But city officials said the project is less risky because it is located on top of the hill not on the hillside Not since the Queens Tower complex was built in 1962 has a project of similar size and scope been seriously considered for East Price Hill on the air first low-powered TV station begins today reach a potential audience of 450000 from Arlington Heights to Park Hills and Fairfax to Covedale Block says he hopes to find a location for Channel antenna to give viewers an alternative if Channel signal clear depends on how well Channel 25 said the unmarried Block just know right now that with this thing going on the air I feel like a kid at Block a 42-year-old electronics whiz has already spent more than $50000 to get on the air Tests last Saturday and this week have sparked interest in the station beyond what Block and the friends working with can believe The biggest costs are for programming Block hopes to generate revenue through cut-rate advertising to local merchants and by selling time for programs to religious college and other groups video companies only generate about $30000 in annual income He quit in May 1989 an 18-year city of Cincinnati job to spend more time on planning the TV station may not be the only low-powered station in Cincinnati for long but virtually ensured a lock on the local market On Friday the FCC issued a permit for Block to begin work on getting another low-powered station in Cincinnati operating on Channel 35 The FCC will only issue two more low-powered licenses in Cincinnati but both have tighter restrictions because of possible interferences with commercial stations operating in Louisville and Lexington Block has 18 months to implement Channel 35 and plans to use both stations to reach a larger audience for the day-long single format developing at Channel 25 Beginning at noon today Channel 25 will begin broadcasting music videos from Hit Video USA a generic form of MTV At 3 pm Channel 25 will pick up a satellite feed from New York-based Star Television Network which broadcasts classic television movie hits Channel antenna is in Corryville allowing the station to By Douglas Bolton Post staff reporter A new breed of Cincinnati commercial television stations debuts today Golf Manor businessman Elliott Block risking his life savings and cash flow from his video production and video rental businesses goes on the air today with the first low-powered television station The programming niche: music videos for those who afford MTV and classic television movies Twenty years in the planning the 900 low-powered stations nationally have been licensed by the Federal Communications Commission only since 1987 They are allowed as long as they interfere with current commercial or independent stations Other than being limited in scope and audience reach because of limitations on the heights of their antennas the stations operate much like large commercial and independent stations but at a fraction of the cost W25AI (Channel 25) Andrew A Leckey is the award-winning personal finance columnist for the Chicago Tribune Address questions to Andrew Leckey co The Cincinnati Post 125 Court St Cincinnati Ohio 45202 Gary Rhodes whose column normally appears in this space on Saturdays is on special assignment Barometer Money Monitor September 29 1990 AUTO LOANS Oil reserve test expansion likely By Bruce Alpert Newhouse News Service staff reporter 48 month New Used LENDER Ameritrust 1175 NO Central Trust 1125 1225 Citizen's Federal NO NO Fidelity Federal NO NO Fifth Third Bank 1125 1150 Bank One 1150 1275 Huntington Bank 1125 1250 Provident Bank 1 1 25 1 250 Society Bank NO NO Star Bank Cincinnati 1 1 00 1 300 SAVINGS YIELDS 30-YEAR MORTGAGES WASHINGTON The House Friday approved an expanded sale from the Strategic Petroleum Reserve The legislation approved by voice vote would allow for a test sale of 15-million barrels three times the amount authorized earlier this week by President Bush The House passed the bill less than 24 hours after Energy Secretary James Watkins told a congressional hearing that he would like to run a test of 15-million barrels but lacked the legislative authority That represented a switch in position because the Bush administration had opposed any test sale larger than 5 million barrels during drafting of an SPR reauthorization bill earlier this month But despite Watkins statement White House spokesman Steve Hart said Friday that the administration is taking no position on the legislation increasing the test sale The Senate wil take up the next week act quickly so we can start to get a handle on the volatility in the oil said Sen Joseph I Lieberman D-Conn The strategic reserve created in 1975 now holds 590-million barrels of crude oil stored in salt deposits in Texas and Louisiana 12 10 A AS Avrg ot llnatldn! Inatltulkm 1990 The Mayen Ftapon Chicago Aduatabl mortgage rate are tor one year unlett otherwise indicator) 3 year adjustable rate NA-Not available NO-Not ottered -60 month ano clb contact bank 32800 min deposit.