Terrace Bay Public Library Digital Collections

Terrace Bay News, 28 Sep 1967, p. 1

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Vol.10 No. 39 KIMBERLY-CLARK SAFETY SLOGAN CONTEST Winners of last week's safety slogan are Bryan Webb, Les Sarka, Roy Nesbitt, Roman Strapko and Art Connors. On the job there is one way of assuring our personal safety - make safety a part of everything we do. It is our responsibility to observe all SAFETY RULES AND SAFE WORK PROCEDURES at all times. This week's safety slogan is ......- WORK SAFELY DAY BY DAY LOCAL GUIDES START NEW PROJECT Good used clothing is required by the Girl Guides of Terrace Bay for the Unitarian Service Committee. Any small repairs will be done by the Guides. Also any odd balls of wool for knitting toques and mitts are needed. Please contact Pam Jones at 3714 and Shirley Caron - 3210. FLYING TEAM TO BE AT LAKEHEAD Canada's new precision flying team, the Golden Centennairs, will stage an aerobatic show in Port Arthur and Fort William over the airport at 3 p.m. October 15. It promises to be a thrilling spectacle for the whole family. Take along your camera. Color film is a must to c apture the brilliant colors of the aircraft. You will be allowed to go up and meet these master fliers in person after the show. TERRACE BAY NEWS Serving the District September 28, 1967 SAVINGS BONDS AGAIN ON SALE This year marks the 22nd anniversary of Canada Savings Bonds, and during the next two months, hundreds of thousands of employees in factories, offices and other establishments throughout the country will be able to purchase the 1967 series through the payroll savings deduction plan. Since the first issue of Canada Savings Bonds in 1946, more than $4-billion worth of these bonds have been purchased on the payroll savings plan. A number of these issues have already matured. A growing number of industries and companies have instituted the payroll savings plan for their employees as an easy and convenient way of buying Canada Savings Bonds. The employee simply places an order with his employer for the amount of bonds he wishes to purchase. Each month, a spec- ific amount of money'is deducted from his wages or salary to pay for the bonds. These payments can be extended over a 12 month period. The 1967 series will be sold at par until November 15, The new series wil! provide an average yield of 5.48% if held to maturity in 13 years. The annual rate of interest paid is 5-1/4% for six years, 5-1/2% for 3 years and 6% for the remaining four years. The compound interest feature in last year's Centennial series of bonds is being retained, giving purchasers the opportunity to double their invest- ment if they refrain from cashing the bonds and the interest coupons until the maturity date in 1980. Thus, the buyer of a $100. bond who chooses to hold all the interest coupons and certificates until maturity will earn $100. interest on his $100. bond doubling his original investment. Most Canadians have a special purpose or goal for ( continued on Pagg 13)

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