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The Lucknow Sentinel, 1931-05-14, Page 81 . L1.: 1VcLAL :�l1YII1O O'ial an:4*.egient is "-- 0 w lrArt"� n zri xi-" 1Ti .v- iht the terms of .the Dominion 4f Canada.. interest' payments or income tax ex- .. 1931', Conversion Loan. ' This issue eruption • by exchanging for bonds Of o -'unit• to -ho d'ers...of:'•the 1931 Conversion Loan. It is ex- a tn. l • extends the- pp.,r_. _.. y - of Dominion'. of Canada War Loan .Bonds now .approaching maturity to' .convert.their holdings into bonds ex- tending over a further period of froni 1510 25, years, and marks wb,:t, may eventually • prove to be the greatest financial operation • •jn the history of .t e'. heavy o h Canada=the refunding , f h y volume'of•-financial obligations incur- red.during'the War period:. , `T. he offer does, not involve the. rats.-• ing• of any new money.. ;Nat, a penny, will" be added.. to "the 'national debt of. 'Canada,'in consequence of the 1931,, •C"onversion Loan.. It is • entirely :a matter, ,. .'of..exchanging,existing bends „torof erbonds_f:-the._Domnion•• A total of"moeta-ioin�b111o1,s of ` on ds ..re cties. , .maturIt y wt hdipnl• the next 3% "years. This total is made up of about .$52,900,000. War Loan 5,o Bonds.' due. October..1,.1-93.1.;17.3.,390.4:_ 000`Renewal'Loan . 5%. Bonds . due N.evember"1, 1932; $446,600,000 Vic;. ..•,-v L•. oan.5-1/x.%..•Donds ,due November 1, 1933; and $512;000,000 Victory' Loan 5%%' Bonds due' November' • 193.4. , • ., Holders of • bonds; of these issues a 'are 'being . given the opportunity; . of continuing., their investment • overa. termthedirect obligation lar ed thatithe'new 'fionds will carry' p n..._ coupons entitling,, holders to receive p . up to.the date of the maturity of their old .bonds, '..the same interest payments 'and, tax' free privileges as they would enjoy if they held their Wan,'Loan or Victory_ ..Bonds until the actual *date of maturity in' each case: For •,the remainder' of the.term of"'t'he 1931 Conversion Loan Bonds they" will _ carry •interest Al the rate •F .43/2%. • per, an'nuln,. which, in•, the' opinion of the •)•leading.: investment bankers, is .a coniparatively,•generous re ur, .in view off the interest rates, whir"' prevailing' in the •L'o non , and New York,inarkets...• w.. Conversionwappiicntiens, are' now 0.- '�0 25 otal , ,aft ''.t. j' ' ited, ` o . "inv it bef"ng , , P is 'an- s GIt '•000;00.0 of the newbond "nounced, however, that" -the Minister of_ Finance reserves . the right -to in crease' or' decrease' `this". amount;"iM- IAs discretion.. Subscription lists sop- cued' May 11, and will close on or be- fore th`e• 23rd"of-`May;.as` inav-•be -de-- n, .nr .s nal ^s.M, TIOIRSPAY, MAY .1t101, TILE 1 UCEN0 1' suNTINE1 I.......: • Mother's Day wasp sobseirved in the United Church on ;Suiid,`ay; when,; Rey. T.C. Wilkinson ,tools As, his text, °lli or thy...]f Cher and•'thy 3:tothei.,,,. intl1s--e ::- ue is 01411k -ear - nations -and ax �eautlful'-bauq _ 4f^ nations and roses' provided a fitting setting• for the occasion. . Mics- V_era:1Todd. of- Kitchener, and ' f o on WOW* Miss Dorothy„„ W. b >; .P .,.�•.�.-a, .. ram. x s a t�i.. par- entsMother . DAY w.. er here. Mr.Albert Scarce • of Detroit : as a visitor With his•aunt, Mrs. T.13, T'ay-' lox.. Mrs Bunter who spent the,” winter, with her .ilau'gliter, Mrg. WAIL: Pum- phrey .is a visitor with''her: son, .Mr., J. Hunter of Ashfield, The -Summer 'meeting of the • Wo' men's „Institute will be held in the Community Hall. 'on :Thursday;'. May 21st, when Miss SnOth;, of :Glanterd Station will, ,be the; speaker: , All, the ;ladies of, the. community. are invited. At 'the annual meeting Oft St ; Ilelcn's' aiiie7n:s Institute held at e: sa t -h. Thur d Mrs E"ail .:Gatxn£ S "last. , y, following `officers` were ''elected': President -Mrs. ,.John Mill'e'r., 1st, ,Vice -•pros, Miss. ,Annie-.• Mcllenzie; 2nd Vice': prey. -Mrs. John Carneron; 3rd' Vice pres.--Mrs., A. Gaunt; Treas.-=-Mrs.Y ;R. K Miller, Asst Mrs.W 1;-Millter;auditors"--Mrs D-' Todd; -`Mrs ' W. I Miller, •• Pianist- Mrs. •W.A. Miller; District .Director -Miss M. C. 'Rutherford; Director; -Mrs. A. Anderson; Mrs. John Cam eron,, :Mrs.. G. Stuart, Mrs. "G. Mc- Roberts; Conimittee - ':Mrs. John Cameron, Miss Lila 1.Humph`r'ey, Mrs. G. . Stuart; Miss . C} We'b`b; 'Mrs. W A. Miller, Mrs E. Gaunt, Mrs., McKenzie tided by the gev.ernnlent ' • • Hol'dexs :of, the War.�•..Loan• . 5% Roods, maturing..1st ' of October, 1931' May exchange their bonds for 'Dorn,' inion,' of ,.Canada 1931 Conversion •Loan ;Bonds '.maturing November, 1, Tonger in i he of t Dominion Government., They' 1956. The new bonds will not be sub- ►I LOU' We :are,Plwi�sed,to report that Mrs. Ino .Hayes who was anoved' .to St. Joseph's Hospital, London, last week :s improving. ' - ti^ a iF E c1;""- ens 1Vi ea -sp -M� s:'� with.;her sister in-law, Mrs. IIediey, Kincardine. " od kin= .Misses Hleth.:axid:. Greta _ Hodgkin;. g. isit= SOD, of lr.o.ndon, r were...Sunday YAW: as 'with their parents; Mr. and Mrs. Jas., Hodgkinson. �' Miss •Grace Haldenby spent the week -end' with:Miss Mabel Stringer Kincardine.' • Mr. and Mrs.' Wm. Lloyd and Ivan .of Lucknow,' were Sunday visitors... at W. Boyles': Miss Belle Hewitt ',of Kinloss,.spent., a few days with ,Evelyn' McLean: A ne .Colwell :of Stratford Mian. n,, Normal, was, a week -end • visitor'. .under the parental : roof and' Mr`s. Karl Boyle Spent, • a •later. Samday, euQnina.„„ vyith �� the patents at''-Goderich, `..p . :`'�M a r"= * �: fiat '��d '�o rif oI t Ti u W.. r g.a. after again :aft a4 ' better, 'ice 'Ho d g ihs :is.g = .USAND$.OF AFTER .W t!pRCA YOU EE T' YOU LLS a 'SON. EX.TRA_Retneniber! The first 144 people , buying $1.00, worth, get ;a tumbler free.. ject .to redemption before November -1,, .1.946, 'but--fjrom-xhat:..,..dateuntaL maturity. they •'may: be: called b the. Governments onany interest ,.date on 60 days' .notice, at. 100 and accrued interest. • The first coupon on these bonds.. 'will• be for • six months' t o annum, pay- able October.• 1, .19 1; . the secon • :44 ti.. i3 in Today and get our. lowest. ,n- isto:77,price on:. your size. AllMeatheri an Pathfinders: __ cIiioose All made with Super*. i ecent : attack of appendicitis ° Mxs.'"Ifi F. Appleyayd-,•: