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Newspaper
Macgregor Herald
Location
Macgregor, Manitoba, Canada
Date
Jan 09, 1974
Page
2
Babson's Canadian Investment Letter urges proactive planning by age 59 to 60, warning against risky late efforts. It cites compound growth examples, stresses reliable income sources, and recommends a five year pre retirement portfolio review to shift from capital gains to income securities with a conservative stance.
Manitoba government and the Health Sciences Centre board will shape future capital needs over months. Premier Ed Schreyer announced $5 million in new construction next year and $17 million earmarked for the next three to four years, with potential future spending up to $38 million.
Ontario plans a $5 million deaf community centre in Toronto to house 48 apartments, classrooms, a gym, chapel and offices. Rev. Robert Rumball, former Toronto Argonaut, leads the drive and says the facility will offer living space and services for seniors and children, with the deaf managing the centre.
Driving safety requires attention to driver health. Avoid driving when upset or fatigued. Rest every two hours on long trips. Check vision and review medication side effects with a doctor. Regular health reviews advised for nervous disorders heart conditions diabetes and aging drivers.
The United States announces a sale of 300000 netric tons or about 11 million bushels of durum wheat to Algeria. Shipments will begin in April from St. Lawrence River ports. This adds to a prior contract for 9.5 million bushels with about 3.7 million already shipped.
The Free Press reports on how small groups can form non profit entities for as little as three people and twenty dollars and gain letters patent from Ontario. Four employees formed the Universal Church of Arbor Vitae dedicated to tree worship and sought government incorporation, prompting concerns from J K Young deputy minister who says the ministry conducts limited checks on applicants.
United States viewers will face a flood of fuel conservation ads starring George C. Scott, funded by up to 30 million dollars in free air time from the American Advertising Council. The spots warn of school shutdowns due to heating oil shortages and urge prudent fuel use. Mary Fleming will also appear in a sports aimed ad.
Markham Ontario firm Bredberg Optical Ltd. one of Canada’s largest telescope makers with prices from 60 to 22 000 dollars reports a surge in demand as comet Kohoutek boosted sales. Owner Ob Bredberg and six staff worked seven days a week after astronomers predicted brightened viewing. The comet should be visible after sunset in late week with naked eye, reaching peak brightness in mid January at about 75 million miles from Earth.
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