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f s itabiuty fftooitui k to all holders of victory bonds honourable donald m fleming minister of finance of the government of canada announces an of for to replace all unmatured 3 victory bonds with new 4i 25year bonds or with other shorter term bonds at other interest rates in accordance with the terms of the offering this canada conversion loan of 1958 represents the largest financial operation ever carriod out in canada in time of peace or war it is designed to reorganize over 40 of the national debt on a basis which will provide a higher income for those investors taking advantage of it and at the tame time reduce for the government the volume of financing to be done in 1959 and subsequent yoars through 1966 all holders of unmatured 3 victory bonds canadians now own a total outstanding amount of 6416 million arc now offered the opportu nity to convert into the now noncallable r canada conversion loan of 1958 1 25 year 2 bonds in addition you receive an immediate cash adjustment in no case is the bondholder required to make any payment to convert into the new longer term bends en which he will receive higher interest than en the old bends you are urged to consult immediately with your investment dealer bo nit trust er lean company or other financial adviser about the terms of the conversion offer 1 j also available 4k 14 year bonds 3 7 year bonds 3 3 year bonds applications may be tiled and cash adjustments received new be sure you share to the full in this unprecedented opportunity official campaign begins august 5th for a limited period