July 26, 1987 72 ACRES, log pene rent 16 miles Offers Christine Lake. a 6293 dtd 3 CTATION. fully loaded, dish. vacuum, tin/S6 LOT 14, Birchlond Heights, ex- cellent’ price, $10,500. Call evenings, 365-6194; days 693- 2215. 1/36 BLEWETT: 68 acres. Private read, loge, lots of wood, creek. 3759 ARROW LAKE ONTAGE, 7 plus d, private isolated 9 ae ALIO trailer, set-up on bere ivowy % t ba alg Hy orcon 1975 175 VANGUARO 7 fh. lly eal contained. Must 365- F 57 1975 HARDTOP tent trailer fridge, stove, heater, $1,500. 0.b.0. 693-2447. 3/57 ee ttn FOR PARTS — 1975 Ford Gran Torino. Asking $300 OBO. 1979 14x70" PARAMOUI - 2352. a/s0 cellent condition, fridge, stove, 1977 HONDA Civic, XE 49,000 cover 4x8" addition. Km on rebui male Centrally located, $18,500 driven, well ‘maintained. $1,400, Trades considered. 365-: MOS, 365-861" 3/58 _______CT/S9 1979 VW RABBIT rE 1978 14x70" TRAILER, fireplace, cleon. 0,000" miles. 365- $17,000. 365-3543. 7/5) yao after pm. 7/58 17x68" PREMIER MODULINE and fenced halt-acre. Robson $13,000. 365-7137 1/56 ARSON Lilt TEA PAI Lovely view pad in quiet family pork. Near ferry. Ph. 365-8073 or 365-7598. tin/27 Deal of the Week 85 Cutlass Sierra ae $11,995 ‘008 ke. 17'x68' 3 BDRM. in excellent con- | 4720" SThsaan, dition, $7,500 0.b.0. 365-3 tin/54 WESTLAND TRANSPORT 365- 3551 1962 2-BDRM. Manco, 14’x excellent Hc ernioey 4 opplian- 399. 7/55 NORTH coun TOWING UD. Prince Geor, We move mobi one, “camps, pilot c service — local or lor Gistonce for estimate call collect (604) 563-7632, 24-hour answerin: service. (We WILL call you beck} 1982 PONTIAC Acadian 4-speed, ion. Antique console 3/58 radio. 365-2933. _3/5t 1974 COMET GT_302. Good spor Gred or rental purchase, js some body work. Sred or ental! purchase: TWA (Kucy jell $1,000 OBO. 265-6762 Grand Forks. 7/58 si 1973 CADILLAC Eldorado 500 cv ci inch front wheel drive, fully Our Action Ad ded $2,250, Call Brod 368 . a 365-8054 eveni Number is 365-2212 7! 47" nines 53 OR TRADE on home in Costlego: 19841 SELKIRK COLLEGE — CASTLEGAR CAMPUS Invites applications for the following PART-TIME PHYSICAL EDUCATION INSTRUCTORS To instruct all or one of the following first-year courses P.E. 103 — Conditioning for Sport and Physical Activity dhours/week P.E. 142 — Biodynamics of Physical Activity, 3 hours/week P.E. 144 — Dynamics of Motor Skills Acquisition. 5 hours/week The course schedule may be altered to accommodate the successtul applicant(s). These ore short term positions from September 9 to December 18, 1987 Applicants should possess a Masters Degree or equivalent with teaching experience. Salary in accordance with the collective agreement with the Selkirk College Faculty Association. Please send resume, including three references, by July 31 1987 to: Personnel & Industrial Relations ) —— CASTLEGAR CAMPUS—— ki Box 1200, Castlegar, B.C. VIN 3J1 le ie 365-7292 Ministry of Social Services and Housing a LIFE IN THE KOOTENAYS can be wonderful. Small towns with all the rvices and few of the problems: It's great for mow wine can live there, but . The < GOOD vied Wanliure. 365-3155. 3/57 Site ie Janzen Bisaee"s 959-71 197 Columbia Ave. TREE gil ese we ae B&H CARPET INSTALLATION Line & Carpeting CARPENTKY — Renovotions ond General yey Done righ for less. Call Dave 365-7596 or 365-8073 tin/% AUCTION SERVICE TO BUY: Old antique carpenter and | cabin makers vools ner. levels, slicks etc, Cali colleet'S76" 6370, Timm REMINGTON magnum. a handed. Phone 365-7881. tin/55 1972 FORD Maverick rebuilt gngine and car for ports. Cheap. 3/57 1965 Will WILLYS Joep. bree ial 8) FORD F-250 Camper 4x4, 351 motor, tanks. Ph. 365-8293. 1976 DODGE % clutch, tires, fair condition. $1800 0.b.0. 365-2772. _tin/54 1985 TOPAZ diesel 5-speed QAP. Excellent, condition, $7,400 0.b.0. 399-44 1/55 excellent Asking $1,800. LIVE-IN HOUSEKEEPER. Room jiven for ability, no calls please. Nelson Flowers is. 579 Boker Street 3/58 avon "coud you use extra money? Be your own boss. Set your own hours. For more infor mation phone 365-9874 or, 365. 7566. a BALER, RAKE, PLOW, Tedd Haybine, I1HC434 Tractor. All like new, will trade. 359-7195 evenings, 365-5935 days. 3/59 t-time or jeast 24 out of , and who have problems finding and keeping long term, satisfying em pec We of by lowest 1 fibreform with 60 Merc, trailer, new top, new paint, new water pump, spare prop, tape jeck, $5,000 OBO. Phone 365- 10/59 Sept. 8, : For applications, contact Canada Employment Centre, 514 Vernon Street, Nelson, B.C. by July 27 1987, "For detailed information call 3! _3/57 aluminum construction coed $4,000. Open to tr WILL babysit in my hor - June. Ret ‘or more information call 365-2 3/58 TRUE LINE DESIGNS Mobile Drafting Services ons TO SutT YOUR LOT “EDITIVE RATES Coll Rod at 765-5191 Road Runner trailer, 1984. (8.000 m.104.30p.m.) Also tive extinguisher, paddles ie Tein fables" NO9S366 on is CALGLASS 1971, SOH.P. Merc , life jackets. 900. 365: WE reshingle roof decks, apply siding basements, etc. Quality work at reasonable rates. Call 365. 742/365-2427 for free estimates 3/57 2709 or 365-3529, 650 YAMAHA SPECIAL. 1900 km Mint condition. Only $1800. 354° 39 CONSTRUCTION * ROOFING Ind Gr 1982 XR80, excellent candinon Asking $400. 365-8071. 7/58 © CARPENTRY aadinons CALL DOUG KRAGH 367-9782 WANTED —~ PROPERTY on Arrow Lakes, 2-5 acres. Phone 365-8293 evenings. 0/55 STONE MASON. Free estimates Excellent work. Call Bill Makonin, 399-4457 t#n/33 TWIN CITY ENTERPRISE Boarding, Taping Textured Ceilings — FREE ESTIMATES — ROB SEGUIN 693-5493 CARPENTRY repairs. Reas Gstimbtes. 365. aim ienovations who need There are K skilled help to make the pet oh their lives. The Ministry of Social Ser- vices and Housing is recruiting skilled caregivers to contract services in the following programm INTENSIVE CARE HOMES These are single bed residenticl treatment homes contracted to provide o professional level of care to children with severe behaviour disorders. It is expected that the contractor will devote full time effort to the needs of the child throughout the two- to twelve-month placements. Bosic fee tor service will be $1800 per month plus $600 per month maintenance PARENT COUNSELLOR HOMES ese are contracted as one or two bed treatment resources for seriously disturbed children ‘ages 10 to 17. A professional level of care is expected in vice plans which may include work with the child's family, the community and other ¢ prods cies involvéd with the child. Basic fee for service is $2500 per month plus $1200 per month maintenance (2 beds) or $1500 per month plus $600 per month maintenance (1 bed) vice plan has not yet vice will be $800 per month plus $450 per month maintenance basic plus $900 per month maintenance (2 beds) If you can provide troubled children and families with the commitment, talent and experience they need, please write and call Intensive Child Care Resources Program Ministry of Social Services and Housing 310 Ward Street Nelson, B.C. VIL 5S4 Telephone 354-6465 for further information and an application. PLUMBING and HEATING DOCTOR Gos Contracting Repairs & Renovations © Commercial, Residential Plumbing 24 Hour Emergency Service 399-4762 ZAP WELDING ORNAMENTAL RAILINGS ral Fauricavien'& Repost Shop or Portable Service CALL 352-6978 SANDBLASTING Cor, Truck & 899 Von Windows Stained Glass Lessons CALL 365-7061 RAE’S PLUMBING 365-6658 erat 226-7839 iy Action Box 75, Winlow.8.C. ett .- wagy * OY Tee arate colored female cat. V! Public Precis =< Mag Phone 3S. Shaogement Satay % down may cloim identiying nome on bog. 3/1 FOUND items ore not cha for, W you've found something, 2212 “dering Eye issyes mien roy BO ev fin/4 es engin. DRIVING TO CALGARY mid- August. Willing to take x{s) for share of expen: tes, 368-3834 Lz) Wisieathent paar hool shopping. | Cut save mor jour jour ad 3 sues free of cha NEED 'o job? High school ond college students may offer their services un this category. Drop us o line or phone the Ac- tion Ad number at 365-2212. We will run your ad for 3 i charge. Lento KESTAUKANT for sole. sonab al finance part. Ld to Box 3007N, Castlegar, B.C. VIN Fy AMBITIOUS persons from 4 ho S-year- “eld Chow Chow dog to Excellent family pen to run. 365- 3852 after 12 noon. 3/38 2 Very cute black kittens. Phone 365.2613 bet before 12 noon. 3/58 PROPANE STOVE. Top “borne or working. oven needs repair a 261 3 FLUFFY KITTENS. aeESeee 365-2741 evenings. 3/59 8-WEEK-OLD kittens. 399-4354. S 3/57 need extra “THE SHADES” dance band for all i Special wedding 7497 (Steve) | or 365-5854 (Roger). IF YOU HAVE an item you'd like ONE BLUE PAIR Vaurnet sunglasses in Woodland Park area, reward. 365-8019. 3/59 LICENSE, plate 4810NJ. Phone 3/58 SRE BARDS on mae ee evalleble ter = Dire Sao 1904 OPEN SUNDAYS 10 a.m. -3 ction Ad womborts 365-2212 CARTER’S SEWING CENTRE CLOSED MONDAYS For July and August Summer Fabric Clearance on Now! CARTER’S SEWING CENTRE 623 Columbie Ave. Castlegar © 365-3810 ee iad WANTED CLEAN COTTON RAGS Castlégar News 197 Columbia Ave., Castlegar DEALERSHIPS Kootenay Honda (across from Waneta Plaza) 368-3377 Dealer No. 7724 CASTLE TIRE (1977) LTD. SALES & SERVICE 365-7145 1050 Columbia, Castlegar an a men's prescription lasses, gold frame, bifocal: pprox. vicinity Syringa Creek Park. Please phone 365-5245. 7/57 Our Action Ad Number is 365-2212 Pony CX REBATE Pony L EBATE BAND FOR HIRE Country, Country Rock CALL 365-2514 ‘OR 352-9185 K & A TIRES LTD. We Specialize in Brakes & Shocks (SERVICE & SALES) to Che off, On 1507 Columbia Ave, AMMIDGESTONE coi 309-2999 Hyundai Factory Authorized TEST DRIVE North America’s No. 1 Import Car $900 *500 PAYMENTS $39%" Payday $9.9°° vows at The West Kootenays No. 1 IMPORT CAR DEALER ~, PONYL Stock No. 1-4160-0 57,495 te wr 3500 $6,995 To Finance Plus Tax & DOC Fees “The Dealer That Makes Sense’’ HED CASTLEGAR We Take ANYTHING Block North of Maloney Pontiac Dir. 7956 in Call 1-800-332-7087 or 365-7241 Trade! BUSINESS July 26,1987 € ‘astiégar News | eee ie LOADING UP . . . Harold Babcock (in loader) and Alf Ambrosone of the Castlegar city works crew prepare foundation for parking lot at Pioneer Arena. Lot is being re-shaped and paved as part of beautification program. CosNews Photo TO INVESTING Risk management key By SHAWN McCARTHY Nothing ventured, nothing gained,, goes the adage — but in any venture, there's risk. So the key to successful investing isn't so much in eliminating risk as in recognizing and managing it. In general, the more ially lucrative an i for a nasty shock if the market falls dramatically, Swan warns. Individual stocks bring in a potentially higher yield but also involve higher risk, while real estate can be even more volatile, the Touche Ross guide says. Low-risk, low-return investments include Canada Savings Bonds and savings t: is, the riskier it is, says the Canadian Guide to Personal Financial Management, a book by Touche Ross Ltd. “The only way to attract investors to an enterprise with a high probability of loss is to offer them the possibility of a higher return,” says the Toronto-based accounting firm. “Conversely, a low-risk enterprise attracts investors readily and therefore does not have to offer investors a chance of high return.” But with the stock market rolling along in its fourth bull year, many investors seem to have forgotten that what goes up can eome down witha thud, says George Swan, a partner in financial consultants PerCor Financial Ltd. of Toronto. EVEN IN MUTUALS In mutual funds, for example, “a favorite marketing tactic has been to encourage people to invest with no discussion of the risk involved,” Swan says. “The risk, in lished by i include a range of stocks in an effort to minimize risk. But many people have been borrowing money — called leveraging — to invest in mutual funds and they may be in Weekly stocks THE KOOTENAY RISKS VARIED The accountants also point out that there is more than Corn can replace oil, growers say CHAMPAIGN, ILL. (AP) — U.S. corn growers say they have something better than oil wells — about two trillion little green machines that can feed the United States and free it from petroleum dependence. There is a never-ending domestic supply of corn, and with new technology a bushel of corn can produce anything a barrel of oil can make — and more, say farmers, who are facing grain surpluses and depressed prices. Used traditionally as a livestock feed, the versatile corn kernel now is yielding sweeteners for soft drinks, ethanol for fuel, oil for cook- ing and starch for paper products. And there could be much more. Corn growers say their product could replace pet- roleum in the manufacturing of synthetic fabrics for shirts and dresses, automobile body parts, boxes and cups for fast-food restaurants, high. volume industrial chemicals and noncorrosive highway de-icers. “They say this is their goal, but how close are they?” asked Earl Ross, a spokes- man for the American Petro- leum Institute. “The easy part is the tech- nology, but the question is whether you can produce a specific product that is econ- omically viable. You can't compete with cheap crude oil.” But farmers say it is not likely to remain cheap. Still, they say there are other fac- tors that could help corn bump petroleum out of some markets. “The petroleum situation could become so bad that it wouldn't matter what it id Dan Ragsdale, re- search director for the Na- tional Corn Growers Asso- ciation in St. Louis. “We need fe corn 4 . Luxury At Econom ty Rat wee, All Year Round MOTEL oF REE LOCATED FIVE MIN. FROW/SWARTZ BAY AIRPORT/BUTCHART GARDENS 052 ROOS Counselling Assistance to Small Enterprises “ANNOUNCEMENT Ed Delamont will be at the Terra Nova Motor Inn in Trail on Wednesday, July 29 from 1:00-4:00 p.m. and at the Villa Motel in Nelson on Thur- peey- July 30 from 9:00 a.m.-12:00 noon. He will labl. for petroleum at the wink of an eye because that’s all it would take to upset the oil supply in the world.” “Use all of the chemical fractions of the corn, then you will have a winner,” said Charles Scott of the Oak Ridge National Laboratory in Tennessee. JUST ARRIVED to gear without charge, your ideas to de you. rmine if a counsellor could assist ef Boag information or an appointment call. 1H. DELAMONT 1 426-7241 (Collect) “"'30-1ith Avenue 5. a 1988 HONDA PRELUDE one kind of risk, particularly for fixed-return i such as bonds or guaranteed investment certificates. There is inflationary risk. A four-year, guaranteed investment certificiate may appear secure, but you could lose in real terms if there is a dramatic rise in inflation, which reduces the purchasing power of the dollar. In inflationary times, normally risky investments such as real estate, precious metals and high-growth stocks generally do well. Then there is the risk of a rise in general interest rite’: which causes a decline in the value of fixed-rate bonds. Conversely, when interest rates fall, the value of bonds rises DECIDE NEEDS In gauging how much money you are willing to expose to loss, you must analyse your situation. Young families trying to save money for a down payment on a house or older people close to retirement, for example, probably want a lot of security for their capital. On the other hand, a middle-aged person earning more than he's spending and having some money put away for emergencies might be willing to gamble on a risky investment in hopes of a big return. Virtually no investment will eliminate the chance of a loss. But “good investment strategy will dictate that you minimize your overall risks through knowledge and CONDUCTORS D.J. Music for all Occasions Weddings. Banquets, Dances 365-7528 or 352-5609 TORONTO (CP) — The Toronto Stock Exchange gained 10.36 points Friday but it wasn't enough to wipe out losses earlier in the week. The TSE composite 300 in- dex closed at 3,956.31, down 28.01 points from the pre vious Friday. On Wall Street, the Dow Jones industrial average was up 13.39 to 2,485.33 as the Mr. ond Mrs. Alfred Henshaw ond Mr. and Mes. Cyril Grieves of Castlegar, B.C. are pleas Sees the narriage ot Welt children, Sharilyn Cecilia and diver ion,” says Touche Ross. Generally, the most successful investors are those who know about the specific investments, business and its cycles and the economy. SPREAD RISKS It’s also a good idea to spread your risks by investing in a wide-range portfolio, ii stocks and fi investments. Swan says he generally starts by having a client outline his investment goals, then assesses the risks. Among the other factors to be considered are: liquidity, or the ease of getting at the funds; whether you want a regular income generated; tax implications; and ease of market appeared by the U.S. government's gross national product fig- William ond Florence Kinakin of ures. Glode, B.C. are ploosed 10 arg _In Toronto, Don Dillistone marriege i their doughtsc: “ Perineal iin ny te Robes wis of Canada Inc. said the mar- gnd Elizabeth Zwick ol uer's, ket drifted for most of the 1907, Beilions B.C week, affected by profit taking and a drop in the _ dollar. “It certainly wasn't a sen sational week and if the index goes much lower, the buyers will start coming back,” said Dillistone, who, like most an: alysts, is predicting that the market will pick up soon. Ten of 14 subgroups were down on the week with oil and gas slipping 2.82 per cent as prices remained volatile because of tensions in the Persian Gulf after U.S. war Plazo Stores) ships started escorting Ku- Plozo Bokery waiti tankers. Central Food Mart The other major losers were merchandising, down 1.5 per cent and industrial products which fell 1.39 per cent. Pipelines were the only significant gainer during the week, climbing 1.35 per cent toa record daily and weekly close on Friday of 3,177.11 Twelve of 14 subgroups were up Friday with metals Kootenay Citi natives for Pesticides would like to thank the following merchants for their donation Bun City SuperValu (downtown and 3023, Castlegar. B.C a . CANADIAN CANCER SOCIETY. In and minerals increasing 0.91 tmemoriem donations per cent and industrial prod mation Box 3292 Castlegar 1965, nets gaining 0.88 per cent. NOTICE Effective Monday, June 22, the Pedestrian Walkway attached to C.P. Rail Bridge 25.4 Boundary Sub at Castlegar will be CLOSED to the Public 08:00 to 15:00 Monday to Friday until fur- ther notice. CP Rail K< = cumone ANNOUNCEMENT Jim Kolesnikoff Sales Manager of Central Kootenay Imports Volkswagon d to TED ARCHAMBAULT e the of Ted Archambault to the sales staff. Ted would like to extend a personal invitation to all his friends and customers to drop in or call him at 365-2912 to discuss their automotive needs. Central Kootenay Imports Your No. | Volkswagen Dealer in the Kootenays 365-2912 DL. 8299 More power (135 horses), bigger engine (2 litre dual Fuel injected, B4TOYOTA TERCEL $ MURCIE™ $90Q5 1981 HONDA 4-Door Wagon, 74,000 km. 1 Owner, like new $4495 1986 Toyota Tercel SRS 4-wheel drive, 6-speed, AM rode, new es, 1 owner 1984 Toyote Celica GT Liftback 5 speed p.s., tilt, Alum. wheels, AM/FM Cassette, 1 owner. $12,695 Cherokee Chief 2.5 litre, 4-cyl., pagal serene new rubber 1984 KING CA CAB, x4. conopy. 2 Tone brown 2. aie. Fully loaded, 49, 1976 MGB Convertible Only 54,000 miles, excellent condition. Only $4290 NT NELSON. TOYOTA LTD. CALL TOLL 1-800-332 1980 SAAB 900 GLE al. 1984 RAM 50 4x4 Diesel, longbox canopy. 65.000 km. 4-door, 4-speed transmission sunroot, air conditioning | Se? 1985 PLYMOUTH RELIANT SE 4-door, 6 passenger, 2.2 EF! auto. Only 31,000 km. 1 FORD FAIRMONT STATIONWAGON 6-cylinder. air, cruise. beautiful condition 1978 TOYOTA CELICA 5-speed, cassette red/block 1981 DODGE CLUB CAB 4x4 Conopy. hubs, 360 V-8 Good shope 1986 NISSAN MULTI 6.000 km., two-tone blue, 5 soed EFI, 4-cylinder 1983 FORD RANGER PICKUP 4-cylinder, 5-speed, canopy white/red. immaculate! | TT 1984 TOVOTA TERCEL 4x4 Stationwagon. 6-speed ALL OFFERS CONSIDERED DURING AUGUST ACTION DAYS Gy a gue SERVICE LTD. 003 BAKER ST. NELSON, DL, 541 352-3542 Op rer® COFFEE.PHONES.COLOUR TV.ICE & LOTS OF SMILESI! 2401 MT. NEWTON X ROAD, AR. 61, SAAMICHTON. B.C. VOS.1060 )