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Home My WebLink AboutThe Goderich Signal-Star, 1985-06-26, Page 9business Financial Report FINANCIAL HINT: If your business is not incl rporated, you may pay your spouse a salaiy for work per- formed in that business an ' lie or she can then contribute to the Canada Pension Plan. MONEY MARKETS As of June 24, 1985 PRIME: 10.50 % GOLD (CDN): $432.60 CDN. DOLLAR: 73.26 INFLATION: 3.90% U.S. DOLLAR: $1.37 DOW JONES: +24.42 GUARANTEED INVESTMENTS ( GIC) REGISTERED SAVING PLANS (RRSP) MORTGAGES SHORT TERM DEPOSITS 30-59 days 90-119 270-364 days days BANK RATE: T -BILLS: TSE: 1 Year 3 Year 9.375% 10.750% 9375% 10.750% 10.000% 11.250% 9.79%; 9.22% +9.69 5 Year 11.000% 11.000% 11.750% MUTUAL FUNDS Average Annual Compound Growth.. (5 yr.) 9.000% .9.250% 9.5(10% 25.400% COMPILED By: ABC ANNUITIES Ltd. 53 WEST STREET I:oDE:RICH, ONTARIO (10yr.) 26.400 % Lasso banned from market by government BY STEPHANIE LEVESQUE Lasso, a popular herbicide used by farmers across the province, has been found to cause tumors 'in nice and rats. says Huron Medical Officer of Health Dr. Harr}, Cieslar. I)r. Cieslar told the June session of Huron County Council that besides the discovery in laboratory tests by the federal government, traces of the chemical alachlore, marketed under the trade name of Lasso, have. been found in the water supply in Kent County. The medical officer of health said the provincial ministry of the environment is conducting tests in Huron County. but no, traces of the chemical have been found. MOHs from across the province were in- vited to a May meeting in Toronto jointly held liy the ministry of the environment. health and other agencies. There, they were told the results of the testing. Although not officially banned, Lasso is under temporary registration which means that on Jan. 1, 1986, the chemical will no longer be on the market. However, Dr. Cieslar said Monsanto, the company that produces Lasso is appealing the tem- porary registration. Meanwhile the chemical is being applied on farms across the province this year. Several county councillors suggested that farmers, instead of laboratory animals, be tested for the chemical. The MOH said while the chemical does produce tumors in rats and mice, any in- formation he has does not indicate that humans, particularly farmers, have been tested. He added that while tests have been developed to check for the chemical, no specific tests have been developed for humans. Hedid say that once a product is shown to produce tumors in rats and mice„action of some sort is usually taken. Dr. Cieslar said that farmers have been using Lasso over 20 years and there have been no signs -of large numbers of users be- ing affected by the chemical. "Do we want to wait and see?" asked Dr. Cieslar. "It's better to ban the product." Summer season opening at Park Point Farms Provincial Park off Highway 21 north of Goderich is celebrating Ontario's rural and cultural heritage this summer by featuring a visit to the Old Point Farm Hotel and an antique farm machinery display outside the Sterling Barn that was erected in 1889 in addition to these and,other permanent features at Point Farms, weekly events have been scheduled to entertain campers hour of films at the barn on Fri., June 28 at 8 p.m. A farm visit to a local dairy operation is scheduled for Saturday afternoon at 4:15 p.m. Saturday evening at 7:30 p.m. there will be tractor drawn hayrides to the Old Time Barn Dance featuring Joe Tiffin's Orchestra. The dance begins. at 8:30. On Sun., June 30 a church service and singalong at the barn will begin at 11:30 a.m. and -at 2:00 p.m. a pottery workshop will be set up at the beach volleyball net. and visitors this summer. Admission to all events is included in the This weekend- the park will have twilight 'entrance fee to the park. Local realtor attends conferences 1)orninir Bradley. sales associate representing Century 21 All Pointq Realty Inc. recently completed a four-day training program on the effective marketing of invest o lent. corn merria1 and industrial properties. • The course was conducted by Gene Ilustead of Irvine, California, a renowned ''clangor and trainer and special consultant to Century 21. The program was held in Brantford May 2730. 1trtdle aIsn recently attended Century irr,c4trnent ('iinnection teleconference ;11 1 nno'� Com , ntion Ventre in Lansing, THAHA'I FAITH TEACHES The world of humanity cannot advance . through gnerp physical powers or intellec- tual attainments, the Holy Spirit is essen- tial. The World needs Divine assistance to reach maturity. The body of man needs physical and mental energy and his spirit requires spiritual sustenance. Without this protection and quickening the human world would be extinguished. The Revealers of God's word are the source of this Power. For more information write: P.O. Box 212, Goderich Or oho se: S24-6535 Michigan last week. There, through a conference call -type system, Michigan and Ontario real estate agents shared commercial property listing and investor tips with colleagues in nine cities. Those quarterly conferences help make investors aware of opportunities available in the Michigan area and help agents establish valuabte contacts. Bradley is currently completing the awademic requirements and is a candidate for the Century 21 Investment Specialist Designation, recognized in more than 6,000 offices in North America and Japan. STRAWBERRIES! June is Strawberry Month but, June is almost over. L PICK YOUR OWN 500per Quart CHILDREN WELCOME Containers avaiiabie at a small charge. READY PICKED PHONE IN LARGE 'ORDERS We will deliver Targe orders, (8 qts. or more), to town. We-alsoohave a- wide-seIft -tuon-of, __ ■ FRESH -FRUIT -fit VEGETABLES ---- 77971 0O4P,1 fl CH.S, IIGNA,I,STNR, PTFAIMAY4f,ThIP lig P4 . qp 9 ENTROPHEN 5 (TRAVEL 325 mg 100's BEST INTEREST fl%* Guaranteed Investment Certificates *Subject to change Goiser-Kneole ‚3, Minh Exeter 235-2420 Clinton 482-9747 .Insurance Brokers Inc. Grand Bend 238-8484 Goderich 524-2118 �LOVERl,EAF ,®6 g, WHITE TUNA $2991cKETE_$'1 • SALMON • ONEY ROASTED r PLANTEI S PEANUTS 350 g. 101 In Store Photofinishing El PHOTOIn before 3 p.m.....Same day service ti NA.KAMURA PHARMACY SUNCOAST MALL, GODERICH, 524-2195 s 11/4 Miles South of Grand Bend On H'way. 21 - 238-2818 Open 7 Days A Week 10-6 Friday Til 9:00 `Can You Handl to drive a bran r a month Zeade 'moi ?fie V444te of 74 9ireat Dial'. ZUlr 're Seu ee Seth ea & 71,teet HERE ARE 6 GOOD REASONS TO LEASE: 1. No down payment*; no bank loans; no high finance charges; your credit line isn't tied up 2. Monthly payments to suit your budget 3. More expensive models and options can be affordable 1985 Dodge Sub Compact 5 Door Hatchback Available Soon: SWEET GREEN PEAS & RASPBERRIES ...ready picked or pick your own. VISIT OUR BOOTH AT THE 'FARMER'S MARKET' on the Square, Goderich, Saturdays 8 am to 1 pm STOLLAND FARM MARKET Located 5 miles North of Goderich on Hwy. 21 OPEN 7 DAYS A WEEK FROM 9 AUTO 8 PM PHONE 524-6419 or 524-7206 •QUALITY • FRIENDLY SERVICE • CUSTOMER SATISFACTION GOLD KEY RATE 7(46 Per Month / • Example: t985 Dodge 5 Dr. Sub- compact equipped with Dual remote mirrors, AM Electronic radio/ digital clock, rear window defroster, tinted glass, Saliye wheels, deluxe WIS wipers plus all other std. egsilpment features. Stk. No. 85231. Finished in Garnet red & complemented with matching interior. 4. Chrysler 5130 powertrain warranty 5. Cash for your present car 6. And look at these low lease payments 1985 Dodge Aries 4 Door Sedan 2.2 Litre engine, automatic trans- mission, WSW tires with matching spare, rear window defroster, AM radio with electronic tuning / digital clock, lett remote mirror, power steering, power brakes, special body in- sulation package, body pin stripes plus all other std. equipment features. Stk. No. 85314. Finished In Cream Crystal and complemented with deluxe tan cloth and vinyl interior. GOLD KEY RATE $20777 Per. Month We've Got A Great Selection CHRYSLER P3 'Lessee pays security & deposit approx. 1 month, all above leases based on 48 months, 100,000 kilometres, sales tax extra, subject 10 approval. bili it dirreeekkhrrieratattiktreetWorre 7eVoeame . PLYMOUTH CHRYSLER