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PAGE 2 TERRACE BAY NEWS SEPTEMBER 27, 1972 Go to the CHURSY of your efoiee TERRACE BAY ST. MARTIN'S CHURCH - Rev. A. Greengrass SUNDAY MASS - 8:30 end 10:30 A.M. SATURDAY MASS - 7:00 P.M. CONFESSIONS - 6:15 - 6:45 P.M. and after evening Mess on Saturday. COMMUNITY CHURCH - Rev. Po. McKague SERVICE OF WORSHIP - 11:00 A.M. Care for babies & pre-schodlers CHURCH SCHOOL REGISTRATION Thursday, Sept. 28 - 7:00 - 8:00 P.M ROSSPORT ST, BERCHMAN'S CHURCH MASS - 1:00 P.M. SUNDAY SCHREIBER ST, JOHN'S ANGLICAN CHURCH - Rev. A.L. Chabot No services during July and August Special services on request By contacting Reverend Chabot, Marathon HOLY ANGEL'S CHURCH - Rev, F. Jo Meyer DAILY MASS - Monday, Wednesday, Friday - 5:00 P.M. - Tuesday and Thursday - 7:30 A.M. ~- Saturday 9:00 A.M. & 7:15 P.M. SUNDAY SERVICE - 9:30 and 11:00 A.M. CONFESSIONS - Saturday 4:15 - 5:15 P.M.; before Saturday evening Mass; before Sunday morning Mass and before all daily Masses. GRACE BAPTIST CHURCH - Rev. R. L. Dye MID WEEK SERVICE - 7:00 P.M. = WEDNESDAY SUNDAY SCHOOL - 10:00 A.M. WORSHIP SERVICE - 11:00 A.M. EVENING PRAYER - 7:00 P.M. Savings Bonds - cont'd the 12 year life of the bond. The purchaser of a $100 bond will receive $233.25 when it matures, November 1, 1984, if he holds all coupons uncashed until then. If an investor holds his $100 bond, and its first seven regular coupons uncashed until November 1, 1979 a first compound interest certificate becomes payable on that date for $11.75. Similarly, if the $100 bond and the five remaining coupons are held uncashed until November 1, 1984, a second com- pound interest certificate becomes payable for $6.00. If he holds this bond until maturity without cashing any of the regular annual interest coupons or com= pound interest certificates, a final compound interest certificate also becomes payable for $26.50. This brings the total proceeds at maturity of a $100 bond to $233.25. Interest payments, including those for compound in- terest must be reported as income for tax purposes. The coupons and compound interest certificates may be reported either when they fall due or when they are actually cashed. Whichever option is chosen, the taxpayer is required to be consistent in reporting interest received from the new series and from other issues of Canada Savings Bonds and similar securities. Interest charges paid on the purchase of CSB's through the Payroll Savings Plan or the Monthly Sav- ings Plan, may be deducted for tax purposes. Accru- ed interest paid on purchases made after November 15, 1972 can also be deducted. As usual, coupon bonds registered as to principal are available in denominations of $500, $1,000, $5,000 and $25,000. In one form of fully registered bonds, interest will be paid annually be cheque ) but the bond will not provide compound interest. In the other, the bond will offer the compound inter= = est feature and interest will be paid only when the = bond is redeemed. A holder of this form may, how- ever, exchange his bond without cost for an equal | amount of coupon bonds with a full complement of coupons and compound interest certificates attached. | Net purchases of CSB's during the 4th quarter | last year total $2,335-million. About $9.4 billion of Canada Savings Bonds are outstanding at present. More than 5,000 companies will make the Payroll = Savings Plan available to their employess for conven= ient purchase of Canada Savings Bonds by payroll deductions. Last year 676,000 employees purchased a record of $328-million of the 1971-72 series and a network of organizers and canvassers will again work closely with employers to implement the effi- cient one-step application procedure for purchase. i 3 2 Rh | | A Nutrition and child health care are two of UNICEF's most important worldwide activities. ---- | :