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HomeMy WebLinkAboutThe Goderich Signal-Star, 1978-10-05, Page 37PAGE 16A—THE GODERICH SIGNAL -STAR, THURSDAY, OCTOBER 5, IVO li Bob Dawson, an employee of the Bank of Montreal's retail marketing. division, slices up the anniversary cake the Goderich branch of the bank had Friday honoring 125 years of business here. The branch held a reception after business hours Friday inviting the public to have coffee and cake and help celebrate over a century of growth together. The Goderich branch was established here in 1853. (Photo by Jeff Seddon) Larry Elliott, the southwestern Ontario district manager for the Bank of Montreal, chats with artist Martha Rathburn at the 125th anniversary of the Goderlch branch of the bank. The anniversary celebration was held at a reception at the bank Friday after business hours and copies of some of Rath - burn's work were distributed to guests at the birthday party. (Photo by Jeff Seddon) Happy Anniversary Mayor Deb Shewfelt reaches for a winning ticket in the Bank of Montreal 125th Anniversary'' celebrations in Goderich. The Goderich branch has been operating here since 1853 and Friday a reception in the bank was held and the draw for $125 worth of "Nickel Dollars" capped a month of honoring the bank's operation here for over a century. The results of the draw were a bit ironic. The money was won by Lynn Chisholm, a former employee of the bank who left to take up duties at the Bank of Nova Scotia, but the Bank of Montreal isn't sure Lynn, as a former employee, is eligible under the contest rules. No employee could enter the contest but Lynn left the bank August 10 and entered the draw August 11. (Photo by Jeff Seddon) Farmers stand to lose onseed Thirty-four Huron County farmers stand to lose between $1,000 and $20,000 each on mustard crops harvested in late August. Most of the crop was delivered to the Zurich bin of the processor for whom they contracted to grow the crop. But a glut of mustard, and potentially a bumper crop in Western Canada and the United States has made it difficult for the processor, Ontario Mustard Growers Limited, at Oxford Station, south of Ottawa, to sell seeds already in storage. The 34 farmers met recently in Zurich to decide on action tobe taken if they are not paid for their mustard crops. They decided not to go to a lawyer yet but to send a registered letter and • a telegram to Jack Smith, owner of Ontario Mustard Growers; asking for an explanation of the situation. When interviewed Mr. Smith, with his bins full because of the crop surplus, said he didn't know when he could pay the farmers. ,One farmer who stands to lose $20,000 if he doesn't get paid, said he experienced no delivery or payment problems when he dealt with the company last year. The crop in 1977 was off at the end of August, delivered and paid for within two weeks with a second payment in October, he said. In a telephone in- terview, Smith Said he doesn't know when he will be able to accept delivery or pay for this year's crop, pointing out that a clause in the farmer's contract allows him to take delivery whenever he can. He said his company, which sells 60 per cent of its' product as seed and 40 per cent as ground or prepared mustard, has its bins filled with three Vancouver wedding for million pounds of seed. "We had a heavy carryover from last year and there is a bumper crop expected in Western Canada "We had a heavy carryover from last year and there is a bumper crop expected in Western Canada and the U.S.," he said. The firm sells about 75 per cent • of its seed mustard in the United States, where it is meeting stiff competition .this year. The major reason, for a North American surplus is that the U.S. planted 30,000 acres compared with only 700 acres three years ago. The- farmers will meet again in Zurich Oct. 4 at 8:30 p.m. at the town hall to consider their next move. One grower said if farmers had received a letter from the company a month ago at harvest, they, could have prepared.. for alternative storage, but because they were not informed many fear inadequate storage on their farms may result in spoiling of seed not delivered to Smith's bins. The farmers will ask Smith in the letter if they can be released from the contract so they can sell to other buyers. Two farmers , who had their .. contracts at the meeting pointed •out- that while they had signed the contract, the company hadn't. Arthritis nets $3,600 Bill Wark, president of the Goderich Branch of The Arthritis Society has announced that a total of over $3,600 has been raised in the 1978 cam- paign in this area. This compares with a goal of $3,000. "We are delighted with the response we received from the citizens of Goderich • ®� Goderich," is not said of just au. � disease .of the aged", he "Arthritis went on. "It can strike anyone at any age and it., is only through research being done by specially trained investigators that the cause, and from there, the cure will be found". Donna May Lewis and Michael Stephen Helesic were married in West Vancouver United Church on September 2, by Dr. Paul McKinnon. ""The bride is the daughter of Mrs. J. Prendergast and the late Wm. Lewis of Nanaimo, Vancouver Island. Mr..and Mrs. Stephen Helesic, R.R. 6, Goderich are the parents of the groom. The bride's sister, Mrs. Valerie Green of Nanaimo was her attendant. Mr. Robert Helesic of Kin- cardine was his brother's best man. Following the wedding ceremony,.a reception was held at Canyon Gardens Hotel in the Red Velvet room. The bride's table was centered with a three -tiered wedding cake, flanked by arrangements of red dahlias and lighted tapers. The guests' tables Were also decorated with cen- terpieces of red dahlias. Master of Ceremonies for the reception was John Green of Nanaimo. The toast to the bride was proposed by Robert Helesic. ' The couple, after a honeymoon in Hawaii for two weeks, are now residing in Vancouver. Prior to her marriage, the bride was guest of honour at a luncheon at the Holiday Inn where she was presented with lovely gifts from her department sttaaff.. Mrs. Helesic, who studied at Simon Fraser University, receiving her B.A. and M.A. in Business Administration, has been employed for several years as an ..Industrial Consultant at the VaneouVer Man- power office. Mr. Helesic is manager ,and co-owner of the Lions Golf Centre. Those travelling a distance for the wedding were Mr. and Mrs. Stephen Helesic R.R. 6, Goderiich, and Mr. and Mrs. Robert Helesic, Kincardine: i `• I s, The ArthritisSociety. has embarked` on a program which calls for. funds raised to double between 1978 and 1981. This will make top quality . arthritis care available to just about everyone in the province and should cut down tremendously on the pain and suffering many now experience. "Through the Signal - Star I would like to thank all of those who helped in the campaign and those who gave so generously", said Wark. Contributions can still be made by sending a cheque to: Mr., Wm. Wark, RR5 Goderich. New appointment Thomas Moran of Owen Sound has been appointed organizer in the 1978 Canada Savings Bond Campaign, payroll savings division, for the Owen Sound - Col Lingwood-Goderich area. His territory includes Owen Sound, Meaford, Collingwood, Orangeville, Markdale, Southampton, Port Elgin, Kincardine, Chesley, Hanover, Dundalk, Walkerton, Palmerston, " Wingham, 'Durham, Clinton, Hensall, Mount Forest and Harriston. This is Mr. Moran's third campaign as a Canada' Savings Bonds organizer. This year marks � the 33rd anniversary of Canada Savings Bonds and during the period 1946-77 inclusive, more than $8.6 billion in Canada Savings Bonds was purchased through the' Payroll Savings Plan across the country. Last year in this area, 3,024 employees bought a total of $2,293,000 worth of Canada Savings Bonds through payroll savings. During the Campaign, which runs from mid- Septetnber to mid- Novemb.er, CSB organizers will visit about 2,800 business, and industrial establishments in Ontario to help set up payroll savings plans for the purchase of the new eries by employees. Atte If your Canada Savings Bonds mature this year Tow's the time to reinvest in new Canada Sainngs Bonds Here are three easy steps to keep your money working for you. 1 Locate and identify your bonds Two Series of Canada Savings Bonds mature this Fall: 1969/70 Series (S24) maturing November 1, 1978, 1968, Special Replacement Series (SR) maturing October 1, 1978. Look for "S24" or "SR" preceding the serial number on the corner of your maturing bonds. • Find out the cash value of your bonds At maturity, every holder of "S24" or "SR" bonds will receive the face value shown on the bond, plus a special cash bonus payment and any interest payable on the bonds. " r Simply present your "S24" and If you have any questioris about "SR" Series Canada Savings Bonds to the value of your bonds, just ask the ..., your bank or other authorized people where you bank or invest. redemption agent. All the paperwork in connection with the redemption of your bonds will be done for you at that time. For "S24" bonds the transfer of funds will take place automatically on November 1. In the same transaction, you can sign up for the new 1978/79 Series • Canada Savings Bonds. You may reinvest all proceeds from your maturing bonds in the new Series. Also, you may buy an additional amount up to $30,000, the . purchase limit of the 1978/79 Series. It's a great way to keep your money working for you! Special arrangements make k easy to reinvest Act now There are more than 900,000 Canadians who own maturing bonds. If you are one of them, go to your bank, investment dealer, trust company or credit union and make arrangements to reinvest in the new Canada Savings Bonds. Do it now and avoid the rush! New Canada Savings Bonds offer you a great choice With the new Series, you have a choice of bonds. There's a Regular Interest Bond that pays interest each year. And a Compound Interest Bond that reinvests your interest automatically, earning interest on your interest. The Regular InterestBond If you want a regular annual income from your investment you'll like the Regular Interest Bonc which pays interest automatically each November 1. If you're like many bondholders, fou'll appreciate the direct deposit eature. With this convenient option, your interest is deposited directly into - your chequing or savings account. Simply ask for it when you buy your e new bonds. Or, you can receive your interest by cheque through the mail. , The Compound Interest Bond If you seek savings growth, or an investment for the future, or a retirement fund, you'll choose the Compound Interest Bond which earns interest on yourjinterest, after the first year, at the guaranteed annual rate of 8.90%. For example, a $100 bond will grow to $181.74 at maturity in just' 7 years. Security and instant cash Whichever type of bond you choose, you will own a safe, secur investment which tan be turned into instant cash whenever you need it. A good return New Canada Savings Bonds are dated November 1, 1978 and yield an average annual interest of 8.90% when held to maturity n 1985. Each newbond earns interest of 8.50% the first year and 9% for each of the remaining 6 years. Buying Canada Savings Bonds has been a great Canadian tradition for over 30 years. They're the proven choice. • Average Annual Interest to Maturity 1.