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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - September 19, 1973, Lethbridge, Alberta Wednesday, September 19, 1973 THE LETHBRIDGE HERALD-39 New Canada savings bond issue to return for OTTAWA (CP) The gov- ernment will put its new issue of Canada Savings Bonds on sale Oct 3 with a higher inter- est rate that will return for every bond held to full, 12-year maturity The finance department said the 1973-74 bonds will yield an average interest rate of 7 54 per cent, compared with 7 30 per cent on last year s issue A total of 1 billion in Can- ada Savings Bonds were sold last year, down from the year before Sales vary each year de- pending on how attractive the bonds are compared with other interest rates, said a finance department spokesman Bonds can be purchased in denominations of and 000, said the announcement by Finance Minister John Turner "The maximum individual purchase will remain at 000, and the bonds may be acquired only by individuals who are bona fide residents of Canada and by estates of deceased the an- nouncement said Interest rates will be seven per cent for the first year (up from 5% last per cent in each of the next six years (up from seven last 7% for the following three years (up from 7Vi) and eight 'per cent the final two years (up from 7% per cent in last year's issue) RATES RISE The higher interest rates re- flect the rising of interest rates throughout the country s economy this year and the government's efforts to make the savings bonds more attractive While other securities may pay more many Canadians buy savings bonds because government backing makes them more secure The higher the rate of interest the greater the risk the finance department spokesman said of other, higher-paying securities Other features that make the savings bonds more attractive than most othei securities is that they can be cashed in at any time at full face value plus whatever interest has accrued to that point Some other securities re- quire a penalty payment if cashed before full maturity The fact that the bonds can be purchased in denominations as small and that they can be paid for through payroll deduction plans at many companies also adds to their at- to smaller in vestors, the spokesman said The bonds can also be pur- chased at all chartered Cana- dian banks from authorized bales agents including in- vestment dealers stock bro- kers trust and loan com- panies and credit unions The purchaser of a bond will receive 50 when it matures Nov 1, 1985 if he holds all regular interest cou- pons and compound interest certificates uncashed until then the announcement said GABBLE' GABBLE' Flu world iceotd lot non stop talking is 138 hours bv oi Cleveland Ohio Ready to eit. Whole Halves, or Quirters Scenic Irive trend The periphery of the downtown redevelopment area will more closely resemble a network of World War I trenches than city streets over the next three months as crews work to relocate utility lines in the area This trench on Scenic Drive, down about 20 feet is part of the rerouting of sanitary sewer lines Scenic Drive will be closed from 4th to 6th Avenues during the construction period which will take some time as crews expect to encounter unstable soil conditions and old car hulks used as fill The rerouting of utilities will cost the city about and must be comoleted by Jan 1 when work will start on the Woodwards and provincial government developments Burns Regular or All Beef WEINERS Ib. 95< mr BONE OR CHUCK ROASTS, 89' Kraft Pisteuriztd Fronts CHEESE WHIZ 2 Knit Canadian Pasteurized Process CHEESE SLICES 2 Merchandise on Sale Thursday, Friday, and Saturday, September Quantities Limited. Down filled SKI JACKETS PRODUCE Red Tokay Grapes Canada No. 1 Green Cabbage Prices effective September 20, 21, 22 Ibs. .00 Ibs. 2 Snow White Heads Canada No. 1 Cauliflower Yellow Cooking ASSORTED SIZES for Men-Ladies And Boys Zellers County Fair '.ocated in Zellera Shopping Centre on Mayor Magrath Drive. Open Daily 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to 9 p.m. Telephone 328-8171 Onions Medium .5 Ib. bag, ea DADS COOKIES PEANUT BUTTER Family Pack 64 oz. net wt. CAMEO WHITE PINK OR YELLOW FACIAL Duncan Hinas Assorted Except Angel Food r r A Cake Mixes TISSUE fl. oz. tin Apple Sauce oz netwt. Marshmallows DOLE PINEAPPLE Sugar Crisp Sunrype fl oz.tm Orange Juice TV Orange or 3 Fruit Marmalade 24 oz Margarine FANCY VALENCIA LARGE ORANGES unftnuca 0 FROZEN FOODS Rupert Brand Frozen in Better COO IBoz.netwt........ Bonnybrooke Frozen I 88S 2 Ib. net wt. I Carnation Hash Browns r1. Ib. net wt IN-SEASON SPECIALS J Robin Hood Vanilla or Chocolate Fudge Icing Mix 7 oz net wt Sunlight Liquid Detergent 24 fuz Scott Assorted TOWBlS 2 roll package 49' 63< 55< Vanish Toilet Bowl Cleaner 12 oz Caviller Choice GREEN BEANS or WAX BEANS 14fl.oz.tin 0 Your Local Independent Grocer 642 13th St. N- Phone 328-5742 MIHALIK'S Phone 328-5742 for FREE City Delivery On Large Orders Store Hours: Monday, Tuesday, Wednesday and Saturday 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to S p.m. We sell only the highest quality goods at the lowest possible prices. We reserve the right to limit quantities SUPER SAVE FOODS BELLEVUE. ALBERTA PHONE 564-4638 ;