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HomeMy WebLinkAboutThe Lucknow Sentinel, 1967-03-01, Page 15MARCH 1st, 1967 Sun life ReportsExceII'�flt .Year Life Assurance Company of lareported an, excellent year grecs "for 1966, A.G. ,Meares: ,f&s ,branch. manager .announ- Illowing the annual meeting ntreal; Company will increase clivi-, ,ayml,ents to ,participating holders in 1967. An estimates 1279,000 will be paid 1,000 over dividend payment; x1966 sin 1966 amounted 'to ;,46 , 0'0:0 bringing total, life rice in' force .to 17,064,000 up 7% over the Individual •life. insurance. sal- chedf a record amount of over Illion dollars during 1966 •• a :cease over 1965; Group life nce sales amounted to. the ntial figure of $811',458,006'. ual'premiuMS payable,for t insurance increasedb y 23% ,930,000.. vents to policyholders:: bene les and; annuitants' durig,196E Ised' by $18.,197 , 00Q to :• • 362,000. is of the . Com an.. passed $3 P Y. n during 1966 and :amounted ,09'8,73•8',000 at the end of rocs rate. oi. interest earned e company's.assets increased 5,620/0 in:1965 to's5.7.6°l0 in..• '. The net rate, after taking.' account investment taxes. x enses,, was 5,54%.; n s from •insurance P o p er:ations g • � i6 were $92,012b000, 11% r than in the, 'rec`edin., y .year. P g ds held under : variable accum >n pension plans. grew. to '81.,000 an increase of more' THE LUCKNOW SENTINEL, LUCKNOW, ONTARIO PAG.E'. FIFTEEN than $12 million .. At the annual meeting of the company in Montreal, .Sun Life president Aistair.M. Campbell said that despite difficulties pre:- sent resent in, 1966 and, their carry-over. into 196.7, "there is undoubtedly still a:strong undertone to•busin- ess, There is,e:very reason, there • fore, to look for.w.ard, to a further year. of.substantiaa prosperity in_ 19x'.7, ,^ Mr.• Campbellsaid that. in 1966 excessive demands on in- 'dustrial and financial resources: caused inflationary tendencies, ctedNtrkgAncy and 'rising interestrates:. to emerge as poten-, :•tial:threats to the Continuation of prosperity. All sector.s,of the econorriy have been responsible "consunier.s •';' When spending at. rates: beyond their current incomes ,;'labor' when demanding' wage, increases greater than increases in product-:'.• ivity, 'business when increasing' capital expenditures to meet de- mands for increased' production of good',. and .governments .when. running . sttbstantial :cash. deficits ", Mr.' Campbell .s.04 that in most industrial 'Countries there .has developed a tendency to ass-" ume that full employment and satisfactory growth must be given"': priority:. He suggested<'that.'these - cannot ''be long maintained ' in face of persistent inflation and rising deficits in .international accounts;" • The North American :_economy he 'said., rhas •reached a' point, at .. which; continuation off,cost and price increases is to•'be expected:. las Winning S ides � t COflventi,fl: FAIR NOTES: - CONTRIBUTED The 67th Anneal Convention of Agricultural Societies is over and will go down in history asthe larg- est and best attended one, with ' over one thousand delegates in attendance.. Speakers such as Phil. Dodds, Ralph Bennett, Dr, H. F1, • Austman ,Bob Carbert ,and others ' made it .most interesting and. gave •- new 1 e and, enthusiasm too the rurt fair committees. :.• Don Lemon of Owen Sourict was made 'the new President and Mrs. Frank MacBean of Mobretown the President .of the Ladies Division. Lucknow once again came through with two ,winning. slides in the photographic contest, for . which Donald Maclntyre, our Pres-: ident, took the honors•of receiving Fun .night at the conclusion of the two busy:days•'was enjoyed by ev-..• eryone. Over 300 in costumes of 'other years •and dancing., 'singing, and just plain good 'fun brought the • convention to''a finish for 1967.. an accom1?ied by:a decrease in the rate of`growth . , "In Canada aS reater' reliance on fiscal policies, especially restraint in :g povernment. expenditures a .Pears desirable gat this .time. P When government takes too large a share of capital funds,; ' • cor•:orations are restricted 'in the.. P .. amount of capital available to themto increase .both the capaci- ty P ty and efficiency of production facilities.'' Lochalsh On Winning Team LQCHALSH NEWS 'Graham and Greg Hamilton, sand David ands"enny, Farrish.were;a. few of those on the trophy' winning-, team of H'ockey;in the House,Lea gue on Saturday in Lucknow. .John.McCharles of Petr'olia spent; the week end with'his parents. .Flowers' in bloom and fresh green' grass with spring' surishine are • making, atrip to British•Colunibia a. very enjoyable. one for Mr. and Mrs. Sa.m Gibson. • Holidaying in. Montreal is.'Mr.. Henry -MacKenzie. ATTEND CO'NVENT1ONS: rs.. C N. Slade Died In. California t1 KINLOUGH NEWS W.ordthas been received of the passing of a Kinlough native, Mrs. C.N. Slade at Santa . Barbara ; Cal- ifornia. The late 'Mrs.. Slade was the forn)er•Annie Gilmour, a cou- sin of,Wi.11iair7, C;eorge and Arthur Haldenby.and Mrs./M.. Dudley. •.. Roy Schneller who is employed at Kitchener ^spenit the week' -end at. his honie:here,, ' `The H'; W;1, will meet on Thurs-' day at ,the hall.; Hostess -: Mrs. Ellwood Elliott: Roll call a I baking_hint ,in verse, Topic,- Mr: and Mrs.. Oliver McCharles. I Amazing -drug in our kitchen, 'the. accompanied .by Mr. 'and Mrs: ice•t.hat helps prevent pain, pre. Donald aclnt .1 vents infection,, helps' control Mre were in ,Toreiito Y ! bleedings: is P completely, safe and the'pastweek ...where they 'atte• nd-' costs almost nothing. ' Motto ed the'Canadian Hereford Associa tion convention and banquet and.' also the Convention•for Agricultur- al. Societies held at the Kipg Ed= ward Sheraton. Hotel. Donald Sinipsou and Richard West 'were in Toronto• during the past 1 week attending the Good Roads.'' Convert ion °L'• David,.' Kenneth. and: Harold Elphiek spentlTuesday, in Guelph'' at the'Agr'icultural College -where' 'Farmers' 'week .was .: •'Sympathy of this'community is extended ,to those n_'neighbourini areas who wereso sadly berea'led the:'past week by the :bus and trait ; accident.' Roderick Finlayson'is a: patient -fa, Sarnia General hospital '. gr9. Visitin ` M and: Mrs: Bill Visiting Parrish for the week end were the , MacRae •family of; Batavia; 'N.Y.. Horneniaking is not. a hobby„ 'but.' the' very breath' of our existence; Contest.: :Squares for a sale.:Dir, ectors - Mrs; P. A., Murray , Mrs', 'Alex Percy. Mrs. Marretta Hodgins who is spending..the winter months in Holt, • Michigan visited last week with relatives and friehds'here.. Mrs.; Glenn Stinson;,of Guelph visited with Mr: and Mrs. ,Cliff Robb during :the week . • ,Mr.., and ' Mrs. Ezra Stanley visit=.` ed on Stinday. with .Mrs. Ogle . Russell • at;'I<iggarf 'Mr and Mrs. Leonard'Stanley and Paul of !-Poli Michigan,,visited last week end .With Mr. and Mrs., Ezra Stanley. " .Douglas Stanley spentthe�week' �,. end with Mt. and Mrs:: Dan Tol�le•-: ;'.fson and PradleY at Port'E:redir • .Cheyrolet has always ;set the:: standards ,of value; s le, •craftsmanship, sound engineeringand luxury. appointments (here are a few ,examphes), . FRONT DISC BRAKES POWERFUL V8 ENGINES In 'factChevrolet has been ahead so long, in so many ways - we sometimes forget` to:mention it. SIX:WAY POWER SEAT' COMFORTILP. STEERING' WHEEL VINYL ROOF COVER STEREO'JAPE•'PLAYER. . 'ALL"NEW INSTRUMENT PANEL. SPEED /CRUISE. CONTROL Unbeatable quality is served • at least sig construction and, of course,:Chevrolet's . • ways by Chevrolet. First, take your choice traditionally high resale value. Fifth, -from 17 unbeatable models''sedans,coupes, Chevrolet, gives' you a second -to -none •coShvertibles; two- and four -door hardtops, choice' of performance, convenience and. station wagons and fastback's. Second, • comfort items.. Sixth, Chevrolet styling choose a power team from.an unbeatable leads theway,"with brit- • "choice of 16` combinations; powerful Sixes ' liant lines, massive': and V8s, and silk..smooth manual or auto- .grilles and low, matic transmissions, Third, Chevrolet is ground -hugging ' unsurpassed in its class for luxury and, in- ` good looks: • terior 'roominess where it counts. Fourth, Chevrolet. is Unbeatable Chevrolet offers the best value ' unbeatable: mits class, with such features' as 'flush- ; So why. settle and:dry rocker panels, Body -by -Fisher "for. less?, 4.SPEED WITH CONSOLE 1967 CHEVROLET'S:COMPREHENSIVE WARRANTY,." ..024 nonths,24,000.Miles warranty on the entire tsar: 5 ©.year/SQ,000'tnilcs ' wartanty,on Ate power traint', 4 5 year/50,000 miles •warrantyon'stecring, front and rear suspensions ,and'Wheels, , . POR coMPL'LYk (`I OR'MAr1Uiti: 3I 1. VOUR CIO VRl11.1.t nate, IMPALA SS SPORT COUPE 'Unbeatable Chevrolet—the sure way, to get that sure feeling. AUTHORIZED CHEVROLET DEALER' ;IN McCLURE MOTORS LIMITED WINGHAM: 115 JOSEPHZ1WSTR'FET , • WINGHAM, 'O•NTARIO --. PHONE '357-3'760