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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - January 19, 1971, Lethbridge, Alberta IHSIMSS Market prices up for fourth day TORONTO (CP) - The Toronto stock market climbed fractionally in moderate mid-morning trading today as it entered its fourth consecutive gaining session. On index, industrials were up .25 to 178.57, and base metals .08 to 92.72. Golds were down .17 to 166.49 and western oils .49 to 198.83. Volume by 11 a.m. was 646,000 shares, up from 610,000 at the same time Monday. Gains outnumbered kisses 148 to 106 with 197 issues unchanged. Beverages and steels tod advancing sectors. Falconbridge was up IMj to $141, Oylex Diversified % to $6%, Westcoast Transmission Va. to |23, Algoma Steel to $16%, Ranger * to $14% and Central-Del Rio % to $12%. Shaw Pipe was down % to $10%, Shell Canada % to $35, Brasoan % to $16]/4, Endako Vt to $13V4, Sherritt % to $17% and Total Pete 10 cents to $7.35. HIGHEST TRADE MONTREAL (CP) - The Montreal stock market was mixed in extremely light trading early today. Banks trim rate NEW YORK (AP) - Three big New York banks trimmed their prime lending rate Monday by another one-fourth of one per cent to six per cent and several smaller banks elsewhere quickly followed their lead. Major banks had cut the rate charged on loans to their big-Rest corporate borrowers to 6Vi per cent from 6Vfe per cent only last Friday. If Monday's reduction becomes general, it will be the third cut this month. The latest move was initiated by Morgan Guaranty Trust Co. Chase Manhattan Bank and Chemical Bank, both of New York, went along within an hour. The sliding prime rate is expected by financial observers eventually to result in lower rates on mortgages and con turner loans. Pennsylvania Banking and Trust Co., the biggest bank in Philadelphia, was among the early followers of the New York banks. The prime rate reached an alrl-time high of 8Vi per cent June 9, 1969. Beef futures WINNIPEG (CP) - There was moderate trading on the Winnipeg beef futures con-fcet Monday with several ctn-tracts in the January and March futures at current levels to 10 points higher. There were no contracts executed last Friday. Open High Low Close Jan 31.70 32.25 31.70 32.20 Mar 31.65 31.65 May 31.40 ANNOUNCEMENT MR. ART WIUMS Mr. K. M. Blckerton, Manager of Engineered Homei Limited, lethbrldge, takei pleasure In qnnouncing the appointment of Mr. Art Willm* at New Home Sole* representative in Lethbrldge. Engineered Hornet it looking forward to a long and successful association with Mr. Willmt. The composite index was off .04 to 175.74. Combined volume on the Montreal and Canadian Stock Exchanges was 64,300 shares at 11 a.m. compared with 327,000 at the same time Monday. Alitibi, off Mi to $3, an nounced It plans to lay off 85 of its 450 employees at Sturgeon Falls, Ont., because of a slowdown in sales'. Ivaco, up % to $9, announced the purchase of Sivaco Wire an Nail Co. for $4 million and 500,000 Ivaco common shares. The company said the acquisition should boost sales to more than $40 million this year. Steels were firm following a cut by Bethlehem Steel Corp. in its recently-announced price in-crease for structural steel. Bethlehem, bowing to government and competitive pressure, reduced its announced 12-percent increase to about 6.8 per cent. The reduced increase matches that announced Saturday by U.S. Steel Corp. America's largest producer. Dofasco gained % to $24% and Algoma % to $16% while Stelco was steady at $27%. Walker-Gooderham advanced % to $39% while Alcan declined % to $24%. Aquitaine was unchanged at $26 and Velcro Industries at $20%. On index, industrials were up .17 to 180.98 and papers .19 to 94.31. Utilities were off .37 to 152.91 while banks were unchanged at 176.00. DJA OFF NEW YORK (AP) - The stock market continued to give a thoroughly lacklustre performance in moderately active trading early this afternoon. At noon the Dow Jones average of 30 industrials was off 0.20 at 847.62. Among Canadians on the NYSE, Walker Gooderham gained % to $40%, up % were Distillers Seagrams at $50% and International Nickel at $4614, and Canadian Pacific was up % atse^/i. On the Amex, Bras can Ltd. was off % at $15% and Molybdenite Canada was up % at $4.38. Grain prices Winnipeg Grain Prion WINNIPEG (CP) - Both flax and rapeseed began to exhibit some strength by mid-session on the Winnipeg Grain Exchange today with exporters and commission houses showing some buying interest. Oats, barley and rye had light trade and prices remain ed near previous close levels. Monday's volume of trade was 823,000 bushels of flax, 2,321,000 of rapeseed and 532,-000 of rye. Confirmation was received of the sale of 120,000 bushels of flax to Spain. Mid-session prices Flax: May 1% higher 2.54%, July % higher 2.54HB, Oct. % higher 2.57%. Rapeseed Vancouver: Jan. IV* higher 3.13%, March % higher 3.03%, May Vs lower 2.88%, July >/4 lower 2.8OV4. Rapeseed Thunder Bay: April % higher 2.90%, June % lower 2.84%. Oats: May % lower 88% July, Oct. not open. Barley: May unch 1.32%, July, Oct. not open. Rye: May % lower 1.18%B, July unch 1.19A, Oct. not open. Prices for class two wheat Monday for export to countries outside IGA: 1 Nor 1.81%: 2 1.79%; 3 1.75V4; 4 1.69%; 1 Durum 1.80y8; 2 1.71%; 3 1.68y4; 4 1.63%; IGA prices: 1 Nor 1.81% 2 1.79%; 3 1.75y4; 4 1.69%; 1 Durum 1.80%; 21.71%; 31.68%; 4 1.63%. Grain quotes Monday (basis Lakehead): High Low Close .. Flax May 260% 253 253 Jly 260 258% 254 Oct 259% 256% 256% Rapeseed Vancouver Jan 317 312 312% Mar 304% 300% 302% May 291% 286% 288% Jly 282% 280�A 281 Rapeseed Thunder Bay Apr 292% 289% 290 Jun 285% Oats May 89 88% 88% Jly 88% Oct 88 Barley May 132% 132% 132% Oct 126 Rye May 119% 119 119 Jly 119 Oct 120% Miscellaneous quotations Vancouver, Calgary, Montreal (Supplied by Doherty, Roodhouse and McCuaig) LAST BID OR SALE (11:00 t.m. Quotes* (11:00 a.m. �wot�s) (11:00 a.m. OtwttM WMTIRN OILS Alta East Gas Almlnex Asamtra Banff BP Oil Oat Can South Cdn Ex Gas Ashland Cdn Homestd 5.85 5.10 4.20 9.50 7.55 Cdn Ind Gas Oil 11.50 Cdn Long Is Cdn Super Can Del Rio Charter Chleftan Dome Pete Dynamic Pete Gt Plains Mill City New Cont North Cdn Oil Numac Permo Petrol Pinnacle Place Gas Ponder Ranger Scurry Rain Spooner W. Decalfa MISCBLLANEOUJ INDUSTRIALS Husky Oil 15.50 5.25 Husky Oil B 43.00 5.75 Husky oil war 8.�o !4.87Va Inter Prov Pipe 13.12V4 12.50 Inll Utll Pfd 35.75 Inter Steel Pipe 8.75 Jefferson Lake 11.12Vi Joutel 1.04 KHser Res 7.00 Kam Kotla 1.15 L Ont Port Cem 2.50 MGF Manage 1.75 37.62'A Mentor .10 12.50 Newconex e.00 Pacific Pete 29.00 Rank Org 14.50 Selkr Hold 11.25 Shell Inv Pfd 35.37'A Shell Inv Wis 15.00 Sicks Rainier 3.371* West Cdn Seed 3.40 White Yukon 18.00 CALOARY Acroll .�? Ana Pete .09V4 Barons Oil .06 North Cont ,02'A Plains Pete .38 west Warner .43 Madison .30 Rexdale .11 PIPELINE STOCKS Alta Gas TLA 49.50 Atla G T L Pfd 78.75 .52 6.65 7.50 79.50 1.22 31.50 1.65 .85 7.60 S.20 .71 1.40 .94 1.24 .61 14.50 21.00 1.90 6.45 Common Lev 3.02 3.31 Corp Invest 5.29 5.78 Corp Invest S F 4.64 5.08 Dreyfus Fund 11.62 12.79 Grow Equity 5.97 6.54 Group In S 3.25 3.58 Investors Grow 10.45 11.43 Investors Mut 5.19 5.68 Mutual Accum 5.05 5.55 Mutual G F 4.59 5.05 Nat Resources 7.12 7.78 N. W. Finance 4.1( 4.59 N. W. Grow 4.93 5.42 Principal Grow 3.14 4.22 Royfund 5.29 5,45 United Accum 4.51 196 Universal Sav 7.05 7.75 Templeton G 24.19 26.43 7.J5 9.25 26.25 ...NCOUVBR Arctic Mining Atlas Explore Beth Copper Bornlte Ridge Block Bros Branda B. C. Sugar B. C. Sugar Pfd Cap Internet Churchill Copper Crestbrook F Ind Croyden Dolly Vardtn Dynasty Endako Fort Reliance Giant Mascot Granlsle Kay industries Growers B Hys Interior Brew Jericho Kamloops Copper Lornex Madrona New Cronln New Imp Mines Okanogan Hellcop 3.45 Primer .16 Pyramid .36 Silver Standard 1.41 Texmont .68 Trolan .30 Westerh Mines 3.60 Westcoast Res .15 Western Explore .33 Utlca .54 Toronto mines, industrials Supplied by Richardson Securities of Canada LAST BID OR SALE (11:00 a.m. Quotes) (Tt:00 a.m. Quotes) (11:00 a.m. Quotes) 17.00 27.25 9.00 29.00 5.00 Agra Veg Oil Atco Ind Aquatalne Brit Nfld Cdn Brew A Pfd 30.50 Cdn Brew B Pfd 35.50 Cdn Hydro Car Cdn Pac Inv CPR Pfd Crowsnest In Cygnus Cygnus B Cum Prop Qt Cdn Oil S Gt Cdn Oil 6-75 Home A Home B Horne Pltflrd Hud Bay Co Hud Bay Oil Hud Bay Pfd Hugh Russ Alta Nat Gas 23.87'/) Cdn W Nat G 16.50 Inland Nat Gas 12.3714 5 37Va North and Cent 15.75 North Cent Pfd 32.37"/a Gaz Metro 5.25 Gas Metro Pfd 62.25 Trans Cda P 32.50 Trans Cdn P 34.50 Trans Cdn P Pfd 64.25 Trans Cdn P War 11.00 s-avi Westcoast Trans 23.00 14 87V2 Western Pac 5.25 3^90 MUTUAL FUNDS 100.00 A.G.F. Special 2.44 27.62'A All Cdn Com 28.00 All Cdn Divld All Cdn Vent American G F Cdn Invest F Collective Mut 5.86 6.43 Common Inter 11.92 13.06 .14 .60 13.62V] 10.50 4.40 7.60 16.75 15.50 4.15 1.10 5.8714 .21 39.50 5.45 14.00 .55 4.30 10.75 .75 2.75 2.40 5.12'/a .09 .12Va 6.60 .41 8.00 1.80 2.10 16.00 39.00 56.25 21.00 7.19 7.86 8.25 9.02 3.22 3.63 4.96 5.45 4.42 4.85 MINES Acme Advocate Asb. Akaltcho Area Mines Black Bay Bralorne Broulan Bethlehem Brunswick Canada Tung. Cassiar Central Pat. Chlmo Con west Cons. "Rambler Coin Lake Cochenour Cralgmont Dickenson Mine Denison Mines Deer Horn D'Eldona Dome Mines Donaldra Discovery Mines East Malartlc East Sullivan Falconbridge Frobex First Marltlmes Giant Y.K. Gunnar Granduc Headway R.L. Heath G.M Holllnger Hud. Bay M-S Hydra Ex. Highland Bell Iron Bay Iso Joliet Quebec Kerr Addison Key Anacon Labrador Leitch Langis Silver Madsen R.L. Malartlc G.F. Martin McNeely Maybrun Maclntyre Meta Mldrim Intern Mogul New Athona New Calumet New Imperial .08 2.02 .47 1.70 .06'A 1.80 .24 14.00 4.75 2.05 23.62VJ 2.37 1.72 9.90 .85 .15 .431/4 9.00 1.40 26.75 .07 .96 59.00 .18 1.03 1.02 3.60 141.00 .27 1.05 9.20 1.58 6.90 9.00 37.50 37.25 21.4214 .18 2.85 3.50 1.70 .28 10.00 .30V4 35.50 1.65 .11 .81 .80 9.75 .15 137.50 . .18 .32 11.00 .15 .27 1.85 Noranda Northgate Opemlska Oslsko Patino Pine Point Placer Dev. P.C. Exp. Quebec Man Rayrock Radlore Rio Algom Roman Corp. Silverflelds Sherritt Gordon Silver Miller Steep Rock Siscoe Tek Corp. Texmont Upper Canada Western Mines Wright Har. Windfall Yellowknlfe Br. Zenmac INDUSTRIALS 30.50 9.05 10.371/i .32 �27.6214 30.00 32.50 .87 .23 1.32 .34 17.12'A 7.10 2.00 17.62V4 .08 2.90 1.75 6.20 1.90 3.65 1.31 .15'/4 4.75 .11 Abltlbl Alcan Algoma Steel Atco Ind Atlan Sugar Bell Tel Brazil Tree B.C. Tel Burns B.C. Forest B.C. Sugar CAE ind Cdn Brew Chemcel! Col Cellulose Cal Power Coron Credit C.W.N. Gas Cdn Indust Canada S S Cdn Marconi Cdn Viekers CPR Comlnco Cons Bath Cons Gas Dist Sea Dom Bridge Domtar Dom Textile Dom Stores Dome Pete 8.12V2 25.00 16.37V4 9.62'/a 7.12'/2 47.37V4 16.50 44.00 8.6214 23.25 16.50 5.50 8.37V4 6.12'A 7.25 27.50 1.55 15,75 11.75 29.50 3.50 8.871/1 49.75 24.00 12.00 20.37V4 50.50 19.50 14.62V4 14.25 11.12V4 CI .00 Dofasco Fam Play Fd of Amer Gt Cdn Oil Gen Motors Gt LakesPap Gulf Oil Cda Greyhound Hawker Sid Huron, Erie Hiram Walk Imperial Oil Imperial Tob Int Nickel Int Pipe Inv Gp A Int Utilities Indust Accept Laurentide Kelly Doug A Loeb Loblaw A Metro Stores Massey Ferg McMillan Bloa Moore Corp Molsons A Molsons B North Cent Pembina Pp Power Corp Price Co Rothmans St Law Corp Shell CDA Simpson's Simp Sears Steel of Can Selkirk A Texaco Traders Gp A Trans Mtn Pp Trans Can Pp Union Gas Union Oil Versatile Mfg Union Car Weston's B Woodward's A West Cdn Sd Zenith Elec BANKS Can Imperial Montreal Nova Scotia Royal Tor-Dom 24.00 11.50 53.00 3.90 80.00 20.00 20.371/4 14.50 2.50 20.00 40.00 19.25 17.00 46.75 27.12'/4 7.87V4 37.00 17.62Va 7.371/4 5.621/4 4.05 7.50 32.00 11.3714 27.75 34.25 16.25 16.00 15.871,4 24.75 6.121/4 9.00 13.00 19.00 35.121/4 18.00 23.25 27.25 12.25 27.75 10.50 20.25 34.25 16.00 43.00 3.70 16.25 19.75 19.09 3.60 1.15 19.50 14.75 22.00 23.00 19.50 Livestock Lethbrldge Livestock (Supplied by Canada Department of Agriculture) On offer to 11:00 a.m. 150 cattle. Receipts mostly slaughter cattle, trade active. Good to low choice butcher steers meeting very good demand at fair prices. Good to low choice butcher heifers sold steady. Medium and good cows meeting improved demand, prices cents or more higher with odd heifery kinds up to 22.50. Replacement cattle scarce and selling steady. Steers: low choice 30.75 to 31.30; good 30 to 30.50; medium 28.75 to 29.75; heifers: low choice 28.50 to 29; good 27.50 to 28.25. Good cows 21 to 22.20; medium 19 to 20.50; canners and cutters 15 to 18.50. Good light stock steers 34 to 36. Butcher hogs sold Monday f.o.b. Lethbrldge 20.75 to 21.45 base price. Calgary Livestock CALGARY (CP) - Receipts to 11 a.m., 900 head, mostly slaughter steers, heifers and cows. Trade was strong and active with a good local and in-provinoe demand. Slaughter steers sold $1 higher with sales to 32.40. Heifers were 50 to 75 cents higher, all grades of cows sold on a steady basis with high-yielding kinds to 22.60. Bulls steady. Choice steers 31.75 to 32.20, good 31 to 31.75, medium 29.50 to 30.75. Choice heifers 29.25 to 29.80, good 28.50 to 29.25, medium 27 to 28.25. Good cows 21 to 22, medium 19.50 to 20.75, canners and cutters 16 to 19. Good bulls 24 to 26.10. Replacement cattle were mainly heavy fleshy short-keep steers selling at steady prices. Stock calves were in short supply, prices generally steady. Good feeder steers 750 pounds up 30 TD 33, under 750 pounds 35 to 36.25, good stock and feeder cows 19 to 22.50. Good stock steer calves 36 to 41.50, good stock heifer calves 32 to 34.50. Hogs base price 20.25 to 20.55, currently 20.25. Tuesday, January 19, 1971 - THf LETHBRJDGf HERALD - 13 Dial-a-dietitian service New York stocks Supplied by Richardson. Securities of Canada Amr T and T 52.87Vi Montgom Ward 32.37V4 20 Golds 167.32 up .66 Anaconda 21.00 Sears 81.1214 10 Base Met 96.63 UC Bth teel 23.50 Std Oil of N. J. 68.00 15 West O 197.97 off 1 35 Chrysler 26.00 Texas Gulf 118.00 Volume 1,140,000 Comsat 51.25 Texas Co. 32.1214NEW YORK AVBRAOIS Dupont 129.62V4 Woolworth 39.50 30 Indust 147.62 off .20 General Motors 78.50 Westinghouse El 69.12Va 20 Ralls 180.33 up .34 Gulf 28.87>/4 U. S. Steel 33.8714 15 Utilities 128.04 up .20 Int Harvest 29.12V4 TORONTO AVERAGES 65 Stocks 280.40 up .11 Kenn Copper 37.50 20 Indust 178.77 up .45 Volume 7,440,000 Hog prices EDMONTON (CP) - Prices to 11 a.m. provided by the Alberta Hog Producers Marketing Board: Edmonton: Quoted 20.55 to 20.70, selling 20.55, average Monday 20.93. Calgary: Quoted 20.25 to 20.55, selling 20.25, average Monday 20.91. Red Deer: Quoted 20.35 to 20.55, selling 20.35, average Monday 20.88. Lethbridge: No sales, average Monday 20.97. Lloydminster: No sales, average Monday 20.12. Grande Prairie: No sales today or Monday. Total hogs sold to 11 a.m. 1,-530. Average 20.91. Total sows sold unavailable, average 12.41. AT LETHBRIDGE Monday's sales 1850 hogs. Weaner and feeder hogs selling under pressure at lower prices. Weancrs 5 to 10; light feeders under 100 lbs. 10.25 to 11.75; heavy feeders 100 to 130 lbs. 18.50 to 21; heavy feeders over 130 lbs. 21.25 to 24. All prices per head. Light feeders under 100 lbs. from 16 to 21 per cwt; heavy feeders over 100 lbs. 15 to 18.75. Bred sows $60 per head. Bank of Japan lowers rate TOKYO (Reuter) - The Bank of Japan announced today it would lower its discount rate to 5% per cent from six effective Wednesday. The bank's rate for discounting export bills, however, will remain unchanged at five per cent, the announcement said. Bank of Japan officials said the action had been taken in view of economic stagnation at home and a downward trend in overseas interest rates. FERNIE, B.C. SHOPPING CENTRE NOW COMPLETED Offers Opportunities for Selected Tenants Men's and Ladies' Wear, Hardware, Dry Cleaning, Flower Shop, Restaurant, Grocery and Meats and a number of variety stores. The Centre has a number of Prime National Tenants. This million-dollar Shopping centre Is located in a new billion-dollar coal mining and forest industry capital , . . the city of Fernie, B.C. Trading area now has a population of 15,000 and will triple by 1974. Enquiries tot LUCAYA DEVELOPMENT CORP. 616-510 W. Hastings St., Vancouver 688-5939 TUNISIA'S LARGEST Tunisia's largest city is Tunis, with a population of about 469,000. MONTREAL (CP) - Wonder-1 ing if your health will suffer if you skip breakfast a few times a week? Don't waste time speculating-call dial-a-dietitian and find out for sure. While you're at it, ask the experts about food additives-are they harmful? Maybe your husband and children aren't getting the vitamins and protein they need. What should they be eating? These and a variety of other queries are expected when the Corporation of Dietitians of Quebec launch their Montreal-area dial-a-dietitian service. At no charge a person may dial a Montreal number, have her questions recorded by an answering service and then await & return call from a dietitian ready to provide the information requested-in French or English. Some 125 qualified dietitians have volunteered to handle the minimum 10 calls expected in an average day. The phone line is open weekdays 9-11 a.m. CALL DOCTOR Only a few food questions are out of their line. Special diets for diabetics, for example, cannot be provided over the phone because dietitians do not prescribe. They will, however, recommend that the caller get in touch with her doctor. What makes services such as dial-a-dietitian necessary? The "mis-information" handed to the public through careless or misinterpreted statements or directives from government or industry representatives. "One example of this," said dietitian Helen Maconochie of the food science faculty at Mac-donald College, "is the mis-information about so-called natural or health foods sold in expensive little shops. "The food and drug directorate has dealt very well with nitrates in baby food and DDT. I don't think there is any evidence that health foods are any better or any healthier for us than ordinary foods sold in supermarkets. The dietitians are expecting plenty of calls about pesticides such as DDT. The news, however, is reassuring. "With the exception of some Ontario fruits which cannot be maintained by any other method," said Mrs. Maconochie, "no others are being sprayed with DDT. And if the Ontario produce is well washed, there is no danger. "Also, I don't think we'd want to go back to scabby, wormy apples and peaches." Other queries will likely include the nutrient content of certain foods, food requirements for all ages, storage and preparation of food, chemical additives, weight reduction and food fads and fallacies. Recipes won't be given out, but the dietitians are ready and willing to listen to a description of typical meals served in a home, then comment on their value or deficiencies. Dial-a-dietitian was initiated in Detroit in 1958 and has since spread to several other U.S. cities, Toronto and Quebec City. The project flopped in Ottawa because there were not enough calls to warrant the expense of maintaining the answering system Turner opposed to identity cards TORONTO (CP) - Justice Minister John Turner said today he is opposed to the idea that Canadians be required to carry identity cards to be produced on police demand. "You always have to weigh the security of the state against the privacy of the individual, the advantages against the disadvantages," he said in an interview with The Star. "In this case, the advantages are far outweighed by the disadvantages that would flow from that kind of invasion of privacy." Mr. Turner was commenting Hamilton named new president CALGARY (CP) - West-coast Production Co. Ltd. today announced the appointment of William T. Hamilton of Calgary as president, chief executive officer and director of the company. Mr. Hamilton, who begins his duties Feb. 1, resigned as president of Total Petroleum (North America) Ltd., formerly French Petroleum Co. of Canada Ltd. PLANES FOR N.W.T. YELLOW KNIFE N.W.T. (CP) - Two aircraft will be stationed here by the Canadian forces for search and rescue operations in the Northwest Territories, Lt. - CoL M. G. Bryant said here. in a telephone interview from Ottawa on a proposal made Saturday by Mr. Justice Frederick G. MacKay of the Ontario Court of Appeal. Mr. Justice MacKay told a University of Toronto law faculty forum that cards bearing the holder's photograph and Hiumb print would help police combat crimes such as fraud. He said law-abiding citizens shouldn't mind giving up some of their civil liberties if it would help police catch criminals. Mr. Turner opposed the idea when it was first suggested by Quebec Justice Minister Jerome Choquette during last year's FLQ crisis, "The obvious possibility of being able to forge identity cards points to an additional weakness of the whole idea," Mr. Turner said. "We could be possessed of a false sense of security resting in the cards rather than in the identity of the holders." Ontario Attorney-General Arthur Wishart said he has no real objection to identity cards but agreed with Mr. Turner that they could be easily forged. Potato futures WINNIPEG (CP) - The Mar-itinme potato futures market Monday was mostly inactive. There were two contracts last Friday. Open High Low Close Mar 2.50N Apr 2.68N May 3.08A Pay less income tax this year! Have more for yourself when you really want it The Government encourages you to do so under Section 7 9B of the Income Tax Act They call it the Registei^RetiremeutSavtogsPlmAtMutualLife we call it the Tax-Break. You're permitted to put into a Registered Retirement Savings Plan up to 20% of your earned income, with a maximum of $2,500 if you're not in a Registered Pension Plan- $1,500 if you are. That could meanabigbreakforyouattaxtime in ApriL For instance, if you have a taxable income of $12,500, you can reduceyour taxes by as much as $900 this year. And every year. These savings can meanabigbrealcforyou at retirement Maybe retirement time is along way off. But tax time isn't. Neither is your Mutual Life agent. Give him a call or send us the coupon. Let us show youhow to really save. Remember, to apply tax savings toyour 1970 facomf you must register your planbefore March 1st, 1971. If s your money! Show me � Show me how the Mutual Life Tax-Break will help me save money on my Income Tax. Mail to: Marketmg-Administration, The Mutual Life of Canada/ Waterloo, Ont NAME:. ADDRESSi CITYL J�NB OR PEJ WW- PHONBl ISjn The Mutual Life ISSf ASSURANCE COMPANY OF CANADA ;