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The Goderich Signal-Star, 1985-05-29, Page 81' y OdEriCh Sunset Coif and Driving Range OT12(1r)t OLJtdna P1d\ book your weekends tee tial;,? now. 524-8047 Reduced rates offer 2 PM THE BAHA'I FAITH TEACHES Preludices, whether religious, racial, patriotic or political are destructive to the foundation of human development. They destroy human happiness 'and welfare. Until they are dispelled the advancement of mankind Is not possible. Yet we still, after thousands of years, support divisive Institutions and social customs. If we desire peace we must cast this obstacle from our hearts. Composure and agreement begin with you. Fee mere infereeneetlen e,grite: Goderich P.O. Bost 212 Phone; 524-6535 • BUS TRIP b Sarnia Includes: •Deluxe Bus •Boat Cruise •lunch & Shopping SATURDAY JUNE 15, 1985 For more information:,. 529-7657 anytime or 524-7054 after 6 pm INVESTORS BENEFIT From the Budget. From the To Find Out How; CALL • • LOCALLY...524-2773 TOLL FREE...1-800-265-5503 GO.3000.17 CL•3000-17 1 NOTICE TO PROPERTY OWNERS Destroy Weeds Notice. is Hereby Given. to all persons in possession of lands in the Municipalities in the County of Huron as follows: Townships - Ashfield, Colborne, Goderich, Grey, Hay, Howick, Hullett, McKillop, Morris, Stanley, Stephen, Tuckerswssith, Turnberry, Usborneb East Wawanosh, West Wawanosh Towns -Clinton, Exeter, Goderich,.Seaforth, Wingham Villages -Bayfield, Blyth, Brussels, Hensel!, Zurich In accordance with the Weed Control Act, R.S.O. 1980, Chapter 530, Section 4, 14, and 21, that unless noxious weeds growing on their land are destroyed by June 10, 1985 and throughout the season, the Municipality may enter upon the said lands and have the weeds destroyed, charging the costs against the land in taxes, as set out in the Act. In 1985 Proso Millet and Velvet Leaf have been named as noxious weeds in most municipalities. The co-operation of ail citizens is solicited. JOE GIBSON Weed Inspector County of Huron J[ST GIADUATED? WE'LL HELP YOU AFFORD A NEW SET OF WHEELS GMC Safari Passenger Van _ow that V ou've graduated, a new vehicle is probably part of your plans. As participants in the GM Graduate Finance Plan, we're ready to help you overcome the credit hurdle and take the wheel of a new GM vehicle. We can arrange a special low down payment and a low interest rate through General Motors Acceptance Corporation (GMAC), along with complimentary coverage under GM's Protection Plan A, the best-selling automotive repair protection plan in Canada. D d op in today and pick up our free booklet with all the tails. We could put you behind the wheel today! c Pontiac Sunbird Pontiac Firebird Pontiac 61100 Canada GEEPONTIAG�C TRUCBUICK K$DILLAC 37 HAMILTON STREET HAMILTON STREET GODERICH 524-8391 r NE r 8 FINANCIAL HINT Financial Report Investors can now make a 1/2 million dollars tax free under the new rule granted by Michael Wilson's budget on May '23, 1985. This has greatly enhanced the pur- chase of mutual funds, common stocks and real estate. The $500,000.00 lifetime exemption will be phased in over six years with a $20,000.00 exemption this year. MONEY MARKETS As of May 28, 1985 PRIME: 10.50 % INFLATION: 3.90% BANK RATE: GOLD (CDN) : $434.22 U.S. DOLLAR: $1.38 T-BII.i S: CDN. DOLLAR; 72.7AU.S1 DOW JONES: N /A TSE: +16.70 1 Year GUARANTEED INVESTMENTS (GIC) REGISTERED SAVING PLANS (RRSP) MORTGAGES SHORT TERM DEPOSITS 30-59 days 90-119 270-364 days days 9.500% 9.875% 9.625% 10.000 % 9.750% 10.000% 9.59% 9.30% 2733:20 3 Year 5 Year 11.500% 11.250%, 11.875% 11.250% 11.000% 11.250% MUTUAL FUNDS Average Annual Compound Growt (5 yr.) 25.400% COMPILED B\ ABC ANNUITIES Ltd. 53 WEST STREET GODERICH, ONTARIO (10 yr.) 26.400 % Booklet explains sales tax A new information booklet on retail sales tax for farmers and vendors to farmers is now available from the Ministry of Revenue. Because such a large proportion of retail sales tax information affects agri-business, the ministry has consolidated pertinent in- formation. Anyone in Ontario' who produces a_ icultural products, raises livestock, tills e soil, cultivates plants, or sells goods in he agricultural marketplace will find the booklet a useful reference. The Ontario Retail Sales Tax Act provides for many exemptions on goods used by peo- ple in the business of farming. This booklet details exemptions, taxable goods and refunds for goods used in general farming. It • also includes information on many specialized operations such as beekeeping, custom and fur farming, greenhouse operating, livestock breeding, maple syrup producing and tobacco and sod growing. To obtain your copy of Ontario Sales Tax Information for Farmers, contact your nearest Ontario Retail Sales Tax Office at 33 King St., W., Oshawa, Ont. Careful budgeting before investing By Wilf Caplan Careful budgeting is necessary before any investment is undertaken. The basics come first: a balanced personal economy, home, insurance and savings. With both savings and insurance, you are participating in a form of investment through banks and in- surance companies, but you aren't directly involved in either the losses or the rewards. No investment should be considered until you have discretionary income that, to some degree, -could be risked or even lost without drastically affecting your financial equilibrium. Your mental 'outlook and personality are important too. If you tend to worry about minor developments in life you should pernaps not invest in anything at all, except term deposits and government bonds. All of these points should be discussed with you CGA — Certified General Accoun- tant — at the outset, for sound financial planning, for specific recommendations as to the sort of investment specialist that should be consulted and the tax implications of various investment options. Some advisors in investment budgeting suggest that the potential investor should visualize his investment strategy as a pyramid: the broad base represents the foundation of the investor's financial condi- tion — a home, adequate insurance, savings for specific purposes and enough liquid capital to allow for any emergency. This is the no -risk section. Above this, in a narrower band, budgeting should allow for a moderate risk level where greater income and possible capital growth are sought, usually at some cost in safety. Common stocks, real estate or even bonds may go down as well as up, and a moderate degree of risk is entailed in order to gain better income and appreciation. At the pinnacle, in a much narrower con- text, some people may wish to devote a small percentage of their saving and invest- ment budget to more speculative investing, where even more risk is entailed in order to achieve unusually large profits. Speculation involves an area of the market that is highly specialized and technical, requiring a substantial commitment in time and effort. A central question in budgeting for invest- ment is: should you borrow money in order to invest? The question hinges on each per- son's circumstances and the prevailing level of interest rates. If rates are relatively low, and opportunities exist in the market to make more with little risk, then it may make sense to borrow and put the money to work. But recently, the cost of borrowing and the unimpressive performance of the market have made the practice ques- tionable. For more information, write for a copy of our free brochure "Making the Most of Your Investments," to CGA -Canada, 740-1176 West Georgia Street, Vancouver, B.C. V6E 4A2. Agri -food seeks fair trade not free trade "Fair trade, not free trade, is an accep- table, achievable objective," Ontario Federation of Agriculture (OFA) president Harry Pelissero said today at a conference on "Canadian Agriculture in the Global Con- text", at the University of Waterloo. "In an imperfect world, protectionist measures are a necessary evil, " Pelissero told the audience of about 80 people. "Free trade would be a losing strategy for the agri- food sector." He pointed out that the agri-food sector is second to forestry in terms of contribution to net trade. In the recession in 1981-82, agri- food was the only sector to increase trade continuously, Pelissero said. "The agri-food sector is our strength. Re- cent performance gives us cause for con- fidence. The strength and performance of the sector have been accomplished through risk taking, production efficiency, and technical innovation." "I am troubled by the suggestion that we throw away the rule book that has governed that trade development," Pelissero said. He cited several examples of how this has been done recently. The Canadian govern- ment has "backed down" and auadrunled the amount of beef from the European Economic Community allowed into Canada, Pelissero said. He discussed the duty on Canadian pork and the American ban on sugar and items with traces of sugar. "I might be less concerned if it were a case of those without sin having the right to. throw the first stone. However, several recent reports suggest that the U.S. farmer enjoys twice the level of government sup- port compared to his Canadian counter- part," he said. "Free trade has been compared " to heaven," Pelissero said, "Everyone thinks it's a nice place to be, but no one wants to die to get there." He said the Reagan administration's ac- tions in trade law enforcement contradict the president's statement about the need for more open trade. Pelissero quoted a business paper, which showed that between 1980 and 1983, Japan launched one counter- vailing duty action. The European Economic Community started six, and Canada and Australia eight each. In the same period, the United States filed 123 ac- tions. Safety hazard may exist with battery chargers It has recently been brought to the atten- tion of the Canadian Standards Association ( CSA) that a safety hazard may exist when battery chargers are used to recharge bat- teries in special applications such as life support systems, wheelchairs, mobility aids and other similar types of medical equip- ment. • Consumers who do not carefully follow the manufacturer's instructions for the safe recharging of batteries are exposing themselves to a potential fire hazard. To address this problem, CSA has developed new standards requirements and has announced a new certification program for battery chargers that are to be used for these special applications. All manufacturers of battery chargers have been alerted about the new program. Those who intend their products to be used in these special applications, or suspect they will be used in this way, have been asked to resubmit their products for certification to the new requirements. CSA has devised special markings for chargers that will be used in special applica- tions, as well as markings for those intended only for commercial use. It is expected that chargers certified to the new requirements for special consumer: applications will be on the market within the year. CSA recommends that consumers careful- ly follow the instructions they receive with the product when it is purchased. I�,, I Hensall men open barbequing business In our society, technological advancements are common place: Designers and engineers are continually coming up with ways to make ordinary household chores easier. Two Henssall dent; ave-starked the Pineridge Barbecue Company. At first glance you may wonder what is so different about barbequing for a living. A fey.; merrth., age- Bill Taylor d -,Julian Bayley went to Indiana and purchased a Port -A -Pit barbeque. The machine is about 20 feet long and hooks onto a trailer hitch. With this machine one person can feed up /.�•.-�../ .C���.�/.r CAN LEND A HELPING HAND •Wf DOINGS •ANNIVERSARIF5 SHOWERS •PARTIES •INVITATIONS S11 K F LOWERS •WICKER •CANDLES ' •BUY OR RENT •HALL &'CAR DECORATIONS• BUY OR RENT POM POMS 8 FLOAT DECORATIONS FOR PARADE ENTRIES FOR A PERSONAL APPOINTMENT CALL Milena Lobb 482-3062 BEST INTEREST 11 1/2%* - Guaranteed Investment Certificates *Subject to change Gaiser-Kneale Exeter 235-2420 Clinton 482-9747 Insurance Brokers Inc, Grand Bend ?3A-8484 Goderich •524-2118 to 3,000 people without any trouble at all. The meals include chicken halves, ribs, pork chops, sausage, or Iamb. Inside the barbeque, stainless steel wire t5arkets• carry the meat -over e cn`al coal, ` automatically dipping it into a special sauce with every rotation. According to Julian Bayley, the barbeque is idea}' for-furrd-raising-events . __._.-- "W a will cater to -any non-profit organiza- tion including baseball teams, clubs, lodges, churches and school . We will cater a menu that -gives -the ' - turn -aver -for your. event," Mr. Bayley said. "The whole business of fund-raising has a bad name, because of people setting over -priced chocolate bars or useless raffle tickets. The service we are offering gives people a chance to get something in return for their money," he said. Mr. Bayley also feels that at fund-raising events the same people do the work every HARBOR REPORT The Algosoo arrived light on May 23 and cleared harbor May 24 loaded with salt headed for Toledo, Ohio. The Algorailarrived from Midland light on May 25 and cleared harbor the same day loaded with salt headed for Chicago. The Agawa Canyon arrived light May 25 and cleared harbor the next day with a load of salt headed for Millwaukee. On May 23 the Soodoc arrived from ,!hunder Bay and cleared harbor the same day partly loaded with grain headed for Collingwood. Correction In Last week's edition of the Signal -Star, the manager of the Bobby Lawn Spray fran- chise, owned and operated by Reg Smith of Smith's Farm and Garden on South Street, was incorrectly identified as Rick Duckwor- th. The manager is John Duckworth. The Signal -Star regrets the error. year. But with the port -a -pit the people that usually do the work can relax and enjoy themselves for a change. The Pineridge Barbeque Company sup- - plieseall of up--phes.all_of tie- food airdteondirnentst The host group simply needs a place to park it and a few empty steel trash cans for the coals. Education will be key at June Congress Ontario Pork Producers and Agribusiness personnel will want to take advantage of the excellent education program at this year's Ontario Pork Congress in Stratford. Sow Productivity will be the theme topic in the "Educational Center". Success in this key area of production is rapidly becoming the key to survival. Producers will have an opportunity to hear from and to discuss alternatives with feature speakers and suc- cessful producers, Four key areas will be presented. "Management -the key to Success" will feature invited guest, John Riley, Senior Swine Specialist from Cambridge, England. "Records -A Balanced Perspective'' will be presented by Jim Morris from Ridgetown College, and Dr. Doug Morrison from the University of Guelph will examine "Research -Reaching for New Horizons". The key to each day's program will feature producers setting out "How They Put it Together". Formal presentations will commence at 10:30 each day and "The Center" will be open continuously from 10:30 to 3:30. Pro- ducers will have the opportunity to come and go and to pick and choose as they please, A romp through the "Educational Center" will be an opportunity for direct in- volvement for all those attending the Con- gress.