as__ Castlegar News _ vty 27. 1986 SECURITIES COURSE By BRENDA DALGLISH Canadian Press There's a common-sense saying among stockbrokers that the key to suctess on the stock market is to buy low and sell high. But if you've found that the lows you buy at often turn out to be the highs — and vice versa when you're selling — mabe it’s time to take the Canadian Securities Course. - It's the basic course that your stockbroker took to become eligible to sell stocks to the public. More than 70,000 Canadians have taken it since it was first offered in 1964 by the Investment Dealers Association, the self-regulatory body of the securities industry Although the course is designed for aspiring brokers, the investing public will also find most of the information pertinent and is weleome to enrol, said Patrick Johnson, d of the iation's | arm, the Canadian Securities Institute. lany people who wanted a better knowledge of the securities industry for their own investing purposes have taken the course,” Johnson said. In the 1986 course year, for example, 8,700 people are enrolled but only 22 per cent are currently employed by brokerage firms. Many of the others are hoping to get a job in the industry, Johnson said, but even more are taking it to gain a better understanding of investment procedures. FOCUS ON MARKET The course focuses on stock market investments but it also discusses other types of investments such as term deposits, bonds, debentures, mutual funds and treasury bills. It also covers everything from basic economic and investment theory — like why the stock market tends to go up when interest rates go down — to how to read the financial press and company financial analysis. It also provides a brief rundown on how to structure your investments to take the best advantage of the tax system. It's a correspondence course that lasts either three or six months depending on which version you take, and A good investment includes a text book, mail-in assignments and a final exam. The cost is $275. WHAT'S IN COURSE The course includes: An explanation of the Canadian economic system, ineluding discussion of the major users and sources of capital and the role of the Bank of Canada. © Techniques to analyse financial including the use of ratios and trends. e Anexplanation of government and corporate bonds and debentures and how their price and yeilds are determined. e An explanation of how the stock market works, a description of the various kinds of stocks available plus descriptions of the various features that are common, such as convertible retractable preferreds. @ Theories of how and when to buy and sell on the stock market. © Descriptions of special types of securities such as options and futures. @ The principles of building an investment portfolio and an explanation of risk theory. OTHER COURSES In addition, the institute offers several advanced courses for those who want more information after taking the basic course. statements, Nova Scotia gets plant CHARLOTTETOWN (CP) — A bidding war among the three Maritime governments ended Friday when Litton Systems Canada Ltd. se- lected Nova Scotia as the site of an $18-million radar plant originally headed for Prince Edward Island. “The government wants jobs for Islanders but not jobs at any price,” said a bitter-sounding Premier Joe Ghiz of Prince Edward Island. Ghiz told a news con- ference that the Island, which thought it had secured the plant in April, is not “a wanted guarantees in return for $9 million in provincial grants. “We discovered that Litton Industries wanted our money with no strings attached,” Ghiz said, “without any ob- ligation to taxpayers or the workers at the plant.” Litton announced Friday that the plant, which will make components for a low- altitude air defence system, will be located in the Halifax County Aero Tech Industrial Park. The plant is expected to create 400 jobs. ‘ Litton spokesman Chuck Pittman said the company needed a positive environ- SUNSHINE SEAFOODS INC. WE BUY QUALITY PRODUCTS — AND SO DO OUR CUSTOMERS! WE SHIP BY AIR AND wi PAY THE FREIGHT! banana republic.” He said his Liberal government, which to power in April, ment under a government “prepared to work with us over the hills and valleys.” Weekly Stocks came Johnson said the institute is currently ping a financial planning series. Like the Canadian Securities Course, it will be directed at industry representatives but may also be of interest to the general public. That series, which is expected to be ready in the fall, focus in greater detail on other non-stock investments and provide much more detailed information will VANCOUVER (CP) — at.76 on 346,100. Ranald Re Prices were up in active sources gained .24 at $2.15 trading Friday on the Van- and Shiloh Resources rose .05 couver Stock Exchange. at .36. Volume at the close was International Damascus HOMEGOODS FURNITURE WAREHOUSE Tues.-Sat., 9:30-5:30 China Creek “Drive a Little to Save a Lot” on tax matters, he said. The institute also sells a $15 book called How To Invest that covers the same basic material contained in the Canadian Securities Course but in less detail. Editor's note: For more courses, contact a regional Securities Institute or write the head office: Canadian Securities Institute, Suite 360, 33 Yonge St., Toronto, Ont. M5E. 1G4. information about the branch of the Canadian The Losses rise for Cominco Cominco Ltd. has reported a sharply-higher loss before extraordinary items of $38.5 million or 70 cents a share for the six months to June 30. The pai loss in the first half of 1985 was $6.6 million or 21 cents a share. A gain of $41.4 million on the sale of Cominco's equity interest in Fording Coal Ltd. Pr d final net earnings of $2.9 million or six cents a share in the latest period. In TYPE SETTING Give your newsletters meeting bulletins, etc.. professional oppeorence Camera-ready type for your photocopier CASTLEGAR NEWS 365-7266 Econo Spots You can save up to 80% on the cost of this ad! 365-5210 F.J. McLEOD LTD. > CASTLEGAR, B.c. * GENERAL Contra: . IMOUSTRIAL & CTING : wwe . marr stevie BACKHOE RF. (Dick) McLEOD 365-3566 (FALCON | PAINTING & | DECORATING AVENUE ec 2649 FOURTH | CASTLEGAR \ vin 2s! 365 3563 Carol Magaw Dianna Kootnikoft ADVERTISING SALES SASTLEGAR NEWS CAsIUaAe 86. ven ae CASTLE OFFICE 365-5210 Jack Morrison Hf you don't see it, Vi finditt CASTLEGAR CHEVRON 365-2912 REPAIR LTD. JOSES'S AUTO RE the first half of 1985, the company earned $2.8 million (six cents a share) after in cluding $9.4 million realized on the sale of its shares in Pine Point Mines Ltd. Six-month sales declined to $707.4 million from $816.1 million in 1985. Cominco's mining and inte- earned $7.7 million, pared with $6.8 million. The company looks for im proved operating profits later this year, following third-quarter shutdowns at Trail, Kimberley and Polaris operations. Zine prices have improved due to increased consumption coupled with com. grated metals b had an operating loss of $14.5 million in this year’s first half, against an operating profit of $7.7 million in 1985. The chemicals and ferti- lizers segment had an op- erating profit of $10.7 million, down from $40.2 million last year, while other operations pr As well, Cominco said, im proved cost effectiveness of all operations will begin to show in operating results. It also expects better profits from copper arising from the new Highland Valley Copper partnership with ~ Lornex Mining Corp. Esso to complete final well in 1986 CALGARY (CP) — Esso Resources Canada Ltd. says it is unlikely the company will do any drilling from it's base at Tuktoyaktuk, N.W.T. over the next couple of years. Esso will likely complete its five-year exploration com mitment in the Beaufort Sea by the end of this year, Public Affairs Manager Ken O'Connor said. “We're not abandoning Tuktoyaktuk as such - . . the base will be maintained with a skeleton crew,” O'Connor said. Esso is drilling one well in the Beaufort now, and is committed to drill one more in the area, he said. The final well should be completed by the end of 1986. Low world oil prices make it uneconomical to start another program once this one is completed, but “we'll still have a presence in the eee Hi ARROW BEER & WINE STORE Open Every Day Til Christmas Eve HOURS: MONDAY - SATURDAY, 9 A.M. - 11 P.M. SUNDAYS — 11 A.M. - 10P.M. He described the five-year program as having been fairly successful. Esso drilled more wells than it was committed to, and although there were some disappoint ments the company now has a better understanding of prospects for the future. “If prices improve . . . we'll we back drilling.” he said At peak periods as many as 700 people were working from the Esso base, most of them cosntractors. The. Esso employees will be moved into other company operations, O'Connor said. OFFICE AID Professional Services Bookkeeping/Accounting Public Stenography Computer Services Consulting 218 - 11th Avenue 365-6658 24 hour call Large Selection of B.C.'s Wine & Beer © ELEGANT GLASSWARE © CHILLED WINES ¢ COLD BEER © MUNCHIES © T-SHIRTS & HATS 18th St., Castleger 12,790,871 shares. Of the issues traded, 298 advanced, 229 declined and 456 remained unchanged for a total VSE index of 1382.64, up 7.66 from Thursday's close of 1374.98, but down 27 from last Friday's close of 1409.64. Windarra Minerals was the most active trader among equities, up .45 at $1.15 on 174,000 shares, Amark Ex. plorations gained .20 at $2.90 on 147,340, MacMillan En- ergy rose .16 at $1.33 on 81,700 and Black Swan Gold was up .25 at $2.20 on 78,100. Aerolift gained .30 at $2.30 and Cosmos Resources was down .10 at .75. Leading development equities trading was Nickel odeon Industries, down .07 at .67 on 636,590 shares, Duke Minerals remained at .40 on 426,000, Magnus Resources gained .18 at .67 on 348,000 and Jetta Resources rose .19 A led warrant issues trading, unchanged at .01 on 42,000 shares and Standard Gold Mines remained at .12 on 17,500. Nickelodeon Indus- tries led development war rants trading, unchanged at .09 on 53,500 shares and OT Industries A remained at .22 ‘on 49,000. B.C. Resources was down .05, at a record low for value at the close of $1.10, on 10,690 shares. We will service YOUR items, or can make RENTAL arrangements. We will make repairs as necessary. WE GUARANTEE QUALITY OF WORK, PROMPT SERVICE, AND PICKUP AND DELIVERY. For information and estimates Call 368-3535, or write: TRAIL DRY CLEANERS AND LAUNDRY LTD. 3260 Highway Drive, Trail, VIR 2T3 Canada holds third place at Games By NEIL DAVIDSON EDINBURGH (CP) — In what's expected to be the script for the entire 18th Commonwealth Games, Canada, Australia and England jockeyed for the overall medal lead on Saturday — the second day of competition and another day of political controversy. With Saturday's events completed, Australia had the overall medal lead with 11 gold, 10 silver and six bronze. England was second with 10 gold, seven silver and six bronze while Canada had eight gold, five silver and five bronze. ‘The most heated rivalry between Canada and Australia comes at the pool — earlier this week Aussie swimmers took a Canadian doll and hanged it in effigy — and Saturday was no different. World champion Alex Baumann of Sudbury, Ont., surprised no one when he took the 400-metre individual mediey in a Games record of four minutes 18.29, more than was distant third. Other Canadian medals at the Games pool came in: the men’s 4x200-metre freestyle relay, where Sandy Goss: of Toronto, Scott Flowers of St. Albert, Alta., Paul Szekula of Dollard-des-Ormeaux, Que., and Tom Ponting took the bronze and the women’s 200-metre individual medly, where Jane Kerr of Mississauga placed third. Swimming is one of the sports unaffected by the boycott that has plagued the Games, but politics played an important role once again Saturday. Lions win contest ‘PROVIDING JOBS AND SERVICE IN THE KOOTENAYS We, at Trail Dry Cleaners and Laundry | Ltd., wish to expand our INDUSTRIAL | and COMMERCIAL cleaning base. To do this, we are offering cleaning ser- vice for the following items: COVERALLS MOPS SHIRTS MATS PANTS SHOP CLOTHS JACKETS GLOVES SMOCKS FENDER COVERS Other items will be considered SH BACK DAYS MONDAY, TUESDAY & WEDNESDAY SHOP MONDAY TO WEDNESDAY. YOU COULD WIN THE PRICE OF YOUR PURCHASE BACK (TO A MAXIMUM OF $100) Put your name and phone number on your receipt and drop it in the Barrel located in Centercourt. A DRAW EACH DAY Waneta plaza against Tiger-Cats HAMILTON (CP) — B.C. Lions proved they are more than a one-act travelling show after starting quarter- back Roy Dewalt was knock- ed out in the opening quarter and the offence fizzled Friday night. The defending Grey Cup champions also brought along a dazzling specialty team and a tenacious defence in their trip to Hamilton. The Hamilton Tiger-Cats, meanwhile, could only man- age a plucky defence and dis- covered that wasn't near enough as the Lions won the Canadian Football League contest 36-21. With the win in his pocket, Lions’ head coach Don Mat. thews had only praise for his hounding defence and speci: alty teams while Hamilton head coach Al Bruno spoke tales of woe about incon. sistent officiating. “It was not quite as pro ductive offensively, but it was enough,” Matthews said “Our plan is to play pressure defence and when we do that we play best “I think we did a pretty good job pressuring him (Hamilton quarterback Ken Hobart) and when we did we had a lot of people chasing im. One of the Lions’ defensive leaders was James Parker, who had three of the five B.C. sacks. DEWALT HURT Dewalt stayed in the game long enough to put B.C. on top 14-0 on a one-yard plunge by running back Keyvan Jenkins and a 14-yard toss to John Pankratz before being sidelined with a hyper-ex- tension of his right knee. Although they had next to little offence, the Ticats chiped away at the lead. Behind the accurate toe of Bernie Ruoff and an inter- ception by Calvin Adams off a Tim Cowan pass which led to seven-yard TD toss to Rocky DiPietro from Hobart, the Ticats ended the first half trailing 20-13. “They're a good football team, solid on offence and defence,” Bruno said. “But I thought we had a chance at halftime. “We got it to 23-21 (on a 52-yeard TD interception by Ticats’ Mark Streeter). Then we did the same old stuff again and got a pass inter- ference call putting the ball at the one.” Jenkins bulled over from there for his second TD and that was it for the Ticats. Bruno thought the call in the end zone against Less Browne was a bad one and an example of several others he observed in the game. “The officials have to get together and make sure they know what they are doing,” said Bruno, who last week felt victimized by the officials when they called the game and failed to give him a last-second shot at a game- winning field goal against the Calgary Stampeders. Meanwhile, Lui Passaglia It was the first day of competition on the track and the Dave Smith of England won the hammer throw in the only other final. Toronto sprinter Ben Johnson won his 100-metre heat effortlessly in a time of 10.15 to advance to the semifinals. Toronto's Mark McKoy also took it easy in his 110-metre hurdle heat, finishing second in 13.68 behind Nigel Walker of Wales to move into the final. Each of the 10 Canadians who competed in track heats Friday advanced to the next round of competition. TAKES FOUR Before the swimming Saturday, Canadians struck early for gold medals in the women's coxless pairs rowing and in the small bore rifle prone shooting. Before the morning was out, Canadians had taken silver medals in the women's double sculls and the men's light- weight sculls and added a bronze in the men's lightweight coxless fours. Australia came back with golds in three of the next five rowing events to maintain its lead atop the medal standings. Early gold d: on day were Kathryn Barr of Vancouver and Andrea Schreiner of Victoria, the rowers, and shooters Michael Ashcroft of Kingston, Ont., and his partner, Gale Stewart of Quebec ‘Bilver medals went to Peter Tatersall of Kingston in the London, Ont., and Dave Henry, Dorchester, Ont. — held off a strong challenge from New Zealand to take @ bronze. booted five field goals to two by Ruoff. SWIM MEET . . . Swimmers hit the water after take-off during Castlegor Aquanauts swim meet being held this weekend at Bob in the event. Brandson swimming pool. More than 200 swimmers are competing CosttewsPhote by Chery! Calderon Cardinals beat Padres By BRUCE LEVETT Games didn’t stay ‘friendly’ athletes and officials suffered Jamaica, the smallest U.S. faces Czech team Nigeria — one of the Hi Arrow comes out on top By SIMON BIRCH Staff Writer Hi Arrow shut out Checkers Pub 3-0 in the final game of the season to edge out the pub team for top spot in the Castlegar Men's Commercial Fastball League. Hi Arrow took first with 18 wins and six losses for 36 points, even though the team played one more game than Checkers, which finished second with 34 points from a 176 record. Labatts finished third with 15 wins and nine losses for 30 points. Salmo was a distant fourth with eight points from four wins and 18 losses. Valley Juniors occupied the cellar with eight points from four wins and 19 losses. Salmo's Guiseppe Muto swung his way to the batting title with a .481 average from 26 hits in 54 at bats. .481 average from 26 hits in 54 at bats. Clay Liber of Checkers was runner-up with 18 hits in 42 plate appearances for a .429 average. Hi Arrow's Lee Belanger was third with a .405 average from 30 hits in 74 at bats. Rob Gretchen of Checkers and Hi Arrow’s Lawrence Halisheff were the top pitchers, each with a 7-1 record. Pete Evdokimoff of Labatts was third with 12 wins and five losses. For complete statistics, see Weekend Wrap-up, p. B2. A round-robin playoff tournament starts today at 8 a.m. at Kinnaird Park with the top four teams competing. The final game is slated for 4 p.m. Thursday's final regular season game was a tight defensive struggle with Hi Arrow shading Checkers 43 in the hitting department But the hotel made its hits count With two outs in the fourth inning and the game scoreless, Hi Arrow's Terry Halisheff pounded out a triple and was brought home by Hal Hesketh's single. The score remained 1-0 until the seventh inning when Dennis Boisvert and T. Hughes scored the insurance runs. Lyle Stoushnow was the only Checkers player to get any hits. off winning pitcher George Plotnikoff, going three-for-three in the game. Eli Soukeroff took the loss for Checkers. Halisheff had two hits in three at bats for Hi Arrow. Hesketh and Hughes had the other two hits, each going one-for-three. NATIONAL LEAGUE ST. LOUIS (AP) — Rookie left-hander Greg Mathews attered eight hits over 6 1-3 innings, and Curt Ford doubled to key a three-run first as St. Louis beat the San Diego Padres 4-2 Saturday for the Cardinals’ fifth straight National League baseball victory. Mathews, 6-2, struck out one and walked one before giving way to Ricky Horton, who got his second save with one-hit relief. St. Louis, which sent San Diego to its seventh setback in eight games, parlayed three hits and three walks in the opening inning. AMERICAN LEAGUE ORIOLES 2 WHITE SOX 1 BALTIMORE (AP) — Rookie Jim Traber singled to left on an 0-2 pitch with two outs and the bases loaded in the bottom of the ninth inning to drive in the winning run and give the Baltimore Orioles a 2-1 American League baseball victory over the Chicago White Sox in a game marred by a bench- blearing incident. Chicago reliever Dave Schmidt, 0-3, issued two walks and a single to load the bases with one out before getting Lee Lacy to hit intoa fielder’s choice. After working Schmidt to an 0-2 count, the rookie hit the next pitch past third baseman Tim Hulett to hand Chicago its sixth straight loss. ANGELS 4 RED SOX 1 ANAHEIM, Calif. (AP) — Doug DeCinces and Bobby Grich homered in the fourth inning, and Mike Witt scat- five hits over eight innings as the California Angels beat the Boston Red Sox 4-1 in American League The Canadian Press The Commonwealth Games, under way in Edin- burgh and riven by con troversy and boycott, began life in Canada in 1930 as “the friendly Games” — but they didn’t stay that way Political controversy has been part of the modern international sporting scene almost from the beginning. Wars caused cancellation of Olympics and Common. wealth Games. Even the aftermath of wars caused dissent when it was ruled that losing nations could not attend. The United States boy cotted the Moscow Olympics in 1980 and Canada followed suit. In 1984, the Soviets boycotted the Los Angeles Olympics and Canada did not follow suit. The Montreal Olympics in 1976 was hit by a boycott of African countries seeking expulsion of New Zealand for its South African ties. White politics has dis rupted the Olympics since their modern rebirth in the 1890s, the British Empire Games (later to become the Commonwealth Games) were formed to be a friendly sports link between a family of nations. And so it beginning The Games kicked off in Hamilton, Ont., and true to the spirit, that city housed and fed all 400 athletes and 50 officials from the 11 par tieipating countries for free. The next event, however, slated for South Africa in 1984, was taken from that country and given to England because of South Africa's attitude toward black athletes. Sydney was the 1938 host and the event was strained as was, in the financial problems just get ting to Australia during a time of depression. The 1942 event was to have gone to Canada, but war intervened. The 1950 games, the first after the war, went to Auck land, N.Z. The name had been changed by then to the British Empire and Common wealth Games. The 1954 event drew the largest representation to that time — 662 athletes and 127 officials from 24 coun tries. There were two particular highlights. One was the Roger Bannister and John Landy “Miracle Mile,” the first time two runners broke four minutes in the same event. The other highlight was the incredible, tragie run of Englishman Jim Peters who flopped his way into Empire Stadium, first in the gruel ling 26-mile marathon. English team officials grab bed the collapsing athlete as he crossed what they thought was the finish line. It wasn't Peters, despite his agonizing feat, was disqualified. Next stop was Cardiff, Wales, and again politics and racial controversy emerged Demonstrations broke out, protesting the South African practice of selecting athletes on the basis of color instead of solely on ability. FORCES WITHDRAWAL That was South Africa's last appearance. Sub sequently, that country with. drew from the Common wealth itself. In 1962, the Games re turned to Australia with 863 athletes from 35 countries. At the opening ceremonies, 300 people in the crowd of 50,000 collapsed with heat prostration. country ever to take on the games, was host in 1966, the year the name was changed once more, becoming the British Commonwealth Games. Edinburgh was the venue in 1970 and it was a triumph, with 1,383 athletes and 36 officials attending from 42 countries — the largest turn- out in games history up to that point It was on to Christchurch, N.Z., in 1974 where they changed the name again — this time to the Common. wealth Games. Wilander countries which was later to become a leader in the massive walkout of nations at the 1984 games — called for a broad-based boycott of the 1978 games in Edmonton. The protest was against New Zealand's sporting ties with South Africa, the issue which had shaken the Montreal Olympics two years earlier. In 1978, however, Nigeria mustered little support and was the only country to walk. Brisbane was host to the 1980 games which — all things concerned — were relatively quiet. advances to singles final BASTAD, Sweden (AP) — Top-seeded Mats Wilander of Sweden and No. 6 seed Emilio Sanchez of Spain ad- vanced Saturday to the men's singles final of the $125,000 Swedish Open tennis cham. pionships. Wilander, the world’s sec ond-ranked player, overcame No. 5 Miloslav Mecir of Czechoslovakia 6-0, 5-7, 6-3 to reach the fourth champion ship match in this clay-court classic since 1982 Sanchez downed second. seeded Stefan Edberg of Sweden 6-3, 6-3 in the other semifinal to prevent a repeat of last year's final pairing Edberg, a serve-and-volley specialist who prefers faster surfaces, never challenged Sanchez Wilander, 21, the de fending champion and also winner of successive titles in Bastad in 1982-83, won all the games in the first set against Mecir Wilander led 54 in the second set, “but then I played avery bad game,” the Swede said later, and Mecir eventu ally levelled at one set apiece. But Wilander, mixing soft shots with a lot of back handed slices to take the pace off Mecir's power game, never trailed in the decider “I was never really wor ried that he would win as long as I kept on hitting those backhand slices and sticking to my game plan,” Wilander said. “But it's difficult to hit so much slice.” “You get pretty tired and after hitting ten slices your top-spin doesn't work more.” Wilander, who has won more Grand Slam titles (two French a two Australian Opens) than any other player since 1962, carries a 23-match winning streak at Bastad's red clay going into Sunday's final with Sanchez. The last player to beat Wilander here was Peter McNamara of Australia in 1981 any PRAGUE (AP) — Martina Navratilova defeated Claudia Kohde-Kilsch of West Ger many 61, 64 Saturday to clinch a spot for the United States in a record-tying 16th championship match at the Federation Cup. . In today’s final, the Ameri. cans will face Czechoslovakia, the champion for the last three years and winners over the United States a year ago. Hana Mandlikova, who was married Friday, destroyed Gabriela Sabatini's service in a 62, 64 victory, after Helena Sukova, sparked by an umpire’s call on a serve. rallied to beat Mercedes Paz 14, 6-3, 6-3. Chris Evert Lloyd opened the day for the Americans with a 63, 6-4 victory over Bettina Bunge, who was playing singles in place of Steffi Graf, West Germany's top player who is out with a broken toe Navratilova, a member of both the first Czechoslova kian team to win the Feder ation Cup in 1975 and the last U.S. champions in 1982, as sured a rematch of the 1985 final. Back in her homeland for the first time since defecting 11 years ago, she allowed Kohde-Kilsch just 16 points while winning the first set With the capacity crowd at Stvanice Tennis Stadium cheering for her, Navratilova was flying, breaking the German in the first, third and fifth games and winning on a backhand cross-court rocket The second set was tougher. Kohde-Kilsch held her first two service games and broke for a 3-2 lead with a winner on a controversial service return.