NTERTAINMENT September 16, 1992 BUS ® avi ESS Business news? saleizs WEDNESDAY, September 16, 1992 3B Moscow lgroky Theatre brings popular political fable to Brilliant Cultural Centre JASON KEENAN Sun staff Barnyard animals will be tak- ing over at the Brilliant Cultural Centre on Saturday night Moscow Igroky Theatre will be presenting a once only show- ROBSON MECHANICAL ° HEAVY DUTY AUTOMOTIVE AUTOMATIC TRANSMISSION GENE WADDINGTON 365-7006 ing of a stage adaptation of Ani- mal Farm, a political fable by George Orwell. The original novel is the story of a revolution of the barn yard animals, who after overthrowing their master, man, watch their utopian dream slowly disintegrate into a new form of elitism, this time led by pigs. “It's the type of a play, because they use a lot of symbolism...you can read between the lines like in the original novel,” said Paul Semenoff, Chairman of the group bringing the play to Castlegar, the Union of Spiritual Communities for Christ Youth executive com- mittee Rather than a literal adaptation of Orwell's novel, the play is an Antique Show & Sale starts Tuesday, Sept. 22 - 9 am Lobby - Hi Arrow Hotel Featuring YESTERDAY'S TREASURES DAA, Bert & Bertha White will be in attendance. VUE ‘ The public is invited to extend w Bert and Bertha ‘Farewell’ and ‘Good Wishes’ as they are relocating to Texas. Meet the owners of the Hi Arrow who will now be managing Yesterday's Treasures AT THE MOVIES — STREEP wifi fs HAWS ‘Dealt B oe update, drawing upon the history of places like Chile, China, and Afghanistan. The troop uses dance, drama, and speech in both Russian and English to get across a positive mes- sian Folk singing. Audience members who do not speak Russian, need not be con- cerned about a language barrier. Semenoff said that most of the troops audi- sage in the face of totalitarian- ism. The Moscow Igroky troop has been travelling across Western Canada and Washington state, perform- ing to rave reviews and sell outs wherever they go. Animal Farm was first per- formed on last year’s tour, and they brought a ences have been English speaking, and the visit to a largely Rus- sian speaking community is an unusual treat “You can get the full experience out of it if you don't speak Russian.” The Castle gar perfor- mance will be new play, Gulliver's Travels, to Perform this year. But demand for the Orwell adaptation has been strong enough that they per- form both plays, as well as Rus- squeezed in between Vancouver perfor- mances. All of the members of the Igroky Theatre will be billet- ed with Castlegar families during their stay. Enrollment skyrockets at school of arts Kootenay School of the Arts has already equalled its total enroll- ment for all of last year, with three weeks remaining before this year’s first class begins. As of September 4, course openings have been filled and two new courses have been added in response to student demand. Prospective students are advised to register soon to avoid “We're extremely pleased with registration to date,” said KSA spokesperson Jeff George. “It's Particularly gratifying to have stu- dents signing up for more than one course. We presently have four full-time students who have registered for four or five courses each.” All KSA courses consist of one three-hour class per week for twen- year is divided into a fall and spring semester, each ten weeks in length. All instructors are respected working artists from the West Kootenay region. KSA students in the visual arts also have full access to the new KSA studios whenever classes are not in progress. “This is a major step forward for us,” said George, “since our goal has always been to be a stu- dio-based art school. Now stu- dents in clay, sculpture, drawing, Painting And textiles can work throughout the week on what they've learned in class.” In addition to the visual arts KSA also offers Modern Dance with Lynette Lightfoot and three writing courses: Get It In Writing (intro to creative wniting); Prose ott y est Mary Wesley has a devoted following for her slightly eccentric novels which often feature a certain lady called Calipso, an enchantingly uncoventional women, and her unusual family and friends. Wesley didn’t stan writing until she was in her 70's but she’s making up for lost time. “A dubious legacy” is her eighth novel in ten years and she still has that magic ingredient of the unexpected, in her plotting and her malicious wit. Henry Tillotson has a beautiful wife who has decided to spend her life in bed. She gets up only to wreak havoc in the household of retainers and ‘paying guest” friends Henry had gathered around himself. His marriage was a much regretted act of chivalry but at least it gave him the freedom of not having to get too involved with the other women who fling themselyes at him. Calipso is an amused bystander and comfidante in this tragicomedy. pers Well known as a TV personality and author of “The story of English”, Robert MacNeil has now tried his hand at writing a novel. “Burdon of desire”. opens the wounds of history to trace three lives caught in the whirlwind of World War I. The setting is Halifax, Nova Scotia, whose inhabitants are introduced first hand to the horror of war, when a freighter ship carrying TNT explodes in the harbour, levelling a whole district. Peter Wentworth, a young minister helping to distribute donated clothing to the needy, finds a diary containing the sexually frank confessions of a young woman. Shocked to his conservative, upper class core at first, he’s finally obsessed by what he has read. In an attempt to identify the woman and return the diary. Peter shows it to a friend Stewart MacPherson, a psychologist, and he also falls under the woman's spell. They discover her name is Julia Robertson and her husband has been fighting for two years in the trenches of France. Both men fall in love with Julia as she struggles to remain faithful. Their emotional turmoil is only part of their anguish as they try to help the victims of the disaster. eee The weight of family is on the shoulders of young Toadfish Marster as he sits on the saltstained dock, observing the world. Toadfish’s family is a museum of oddballs, His father, who never says “no’ to a drink, finally makes it to baseball's big league, only to be sent home in disgrace two weeks later. His loving mother, Evangeline, ambitions dashed, is stuck retelling the same old sto- ries. When father and son head out to the swamp, Toadfish finds out a thing’ or two about sex and lies and the dangers of trusting a halfdead alligator. In “Rat palms” author David Homel has created a gritty, comical, coming of age novel about family. All these books and more are ndéw available at the Castlegar and District Library. ty weeks. Most classes are in the evening or on the weekend. The Writing — Fiction and Non-fic tion, and Scriptwriting. Don't mess this opportunity of a lifetsme ta CHILDREN STUDENTS ADULTS ga Beast ' cieaeneaaear ou _ Beauty and the “WESTERNS DONT GET ANY BETTER THAN THIS! p : COmpLere wean) EVENING 7:00 & 9 Brewskies Pub presents Ladies Night every Wednesday “Spin-To-Win" Grand Prize $300 and other great prizes Kock the Night Away in Brewskies Now Performing “Line Up In Paris" One Night Only Sunday, September 20 John A. White ‘The One Man Variety Show’ PLUS Dont miss our Chinese buffet before the show all for the price of $12.00 Tickets are available in advance from the desk at the Hi Arrow or at the door Doors open 5:00 p.m. - Buffet starts 5:30 p.m. 4 v Heritage Society plans wind up SUBMITTED The Castlegar and District Heritage Society will hold its annual Fall Season Windup on Saturday, September 19, at the CPRail Station Museum. It will be the last social event held after the best Summer ever. The traditional flea-market and boardwalk sale will run from 10 am. to 2 p.m. with Leonard and ‘ Doreen Howe’s famous bake table. There will be space for flea market sales on the stations’ plat- form at $5 per table.This space is > Rocks + Jewellery = POLLAINE E. EMDE 1480 COLUMBIA AVE. CASTLEGAR, B.C. VIN 3K3 (604) 365-7616 Res 365-3253 free to members of the Heritage Society. The tables can be booked by calling the Station Museum's office at 365-6440. As a special attraction, well known Castlegar folk musician Joe Irving has volunteered to provide entertainment, featuring his railway song adaptation, The Kettle Valley Line, and other familiar musical classics. Also scheduled (tentatively) is Skip Fraser who will perform with Irving, their hit signature song, The Dam Song, which is as rele- vant today as when the Columbia River Treaty was first signed. Local history is also the sub- ject of a 53-minute video on Castlegar and the Zuckerberg Island Heritage Park. Produced by Lorraine Paszty and Shaw Cable, the video spells out its Promise in the title: Castlegar — A time Capsule of Yesterdays Almost Forgotten Proceeds from the fall fundraiser will go toward fur- nishing the station master’s liv- See HERITAGE 6B DINING LOUNGE Open 4 p.m. Daily Located 1 mile South of Weigh Scales, Ootischenia. Ceigar, Westar and Cominco vouchers accepted 365-3294 THE TRAIN FOR THE Glance Racing al Rick Bueckert of Castlegar Custom Engines is a member of the American Drag Associ- ation and held the world rac- ing record on August 17, 1985. Rick practises the same mechanical abilities at his Castlegar machine shop that won him an Excellent Mechanical Achievement award and other awards that he proudly displays. Buyer bonus Castlegar's Subway is offering a Sub Club card to their cus- tomers. Customers can have this card stamped when they purchase a submarine sand- wich or salad and bring it in for a free sandwich of salad when it is filled. Tax facts H & R Block is now offering an income tax training school. This 13 week course is recom- ménded for those who want to increase their tax knowledge, obtain new skills or are just tired of not understanding the Process of filing taxes. Cours- es start September 17, 1992 at the Castlegar H & R Block office on Columbia Avenue. For more information call H & R Block. Meter disposal The parking meters at the need to dig for change because the new dispenser accepts Master Card & Visa. Smoke-free Subway at the Castleaird Plaza, is one of three Castlegar restaurants that feature a smoke free environment. Tasty Delites and Cravings also offer smoke free atmospheres. Sprucing Up Katherine Kalmakoff of Ever- lasting Floral Interiors has been busy sprucing up homes and offices around the Castle- gar area with her exotic selec- tion of silk flowers. Katherine finds it more practical to bring her flowers to you so that they are sure to fit the decor of the room. Katherine invites you to call 365 - 6222 for more infor- mation. Sign up Management Skills for Super- visors is a provincially certi- fied, three part course being offered in Nelson through Impact Training. This course which has been used extensive- ly by business, industry and government, will focus on interpersonal, group and administrative skills. For fur- ther information contact Impact Training in Trail or Strong & Associates in Castlegar. Under Pressure Sign Tech Services Ltd. recently pressure washed the Subway sign, store front and sidewalks at the Castleaird plaza location. They also installed the awnings at Purnel Distributors which is located by Trowlex in the industrial park and the awnings for NRS Mountainview Agencies Ltd. on Columbia Avenue in Castlegar. New Faces Ron Davies is new in Castle- gar but not unknown. Ron, a financial planner, recently moved from Vancouver and rans the Selkirk College Suc- | cessful Money Strategies sem- inars. Welcome Ron! Risk factors in money market funds Finally, financial institutions are starting to point out the risk factors in money market funds “Money market funds yields will fluctuate and a fixed asset value cannot be assured,” notes CIBC Securities Inc., in not-so- small type in recent ads promot- ing its mutual funds. (CIBC which also has its own family of mutual funds. The prospectus and regular (quarterly, annual) reports show how the fund invests its money. Most money market funds choose Securities like government trea- sury bills, government bonds, corporate bonds and similar debt Securities is a y of the Canadian Imperial Bank of Com: merce.) Most financial institutions now are paying one to two per cent on savings accounts. That makes the return on money mar- ket funds rather attractive: most are paying around five per cent. Your can make deposits and withdrawals almost as easily as with a savings or chequing account. At least one financial institution offers a money market fund on which you may write cheques. Most places fix the fund unit value at $10. As interest is earned, it is used to buy more units, producing a higher balance. So to the ordinary individual the money market fund appears to be just like a savings account. Small wonder then, that people have been pouring money into these funds to get a higher return without sacrificing liquidity. However, money market funds have two risk factors. One, they are only as safe as the securities in which they invest. “It's vital that you read the Prospectus very carefully,” said Mark DeCelles, vice-president of Phillips, Hager & North Ltd.., an investment alah firm B.C.'s econom Recently released figures from the provincial government indi- cate that B.C.’s economy grew slowly through the first half of 1992 but continues to outperform the rest of Canada The first quarterly report cov- ers the period April to June 1992 During this time, revenue was up 6.3 per cent, expenditures, were up 8.8 per cent, and the deficit totalled $525 million — com- pared to $402 million for the same period the year before Employment in B.C. was up 1.7 per cent in the first eight months Mike Grenby Syndicated Columnist obligations. Federal T-bills and bonds will obviously be more secure than provincial ones, which in turn will be safer than corporate bonds Money market funds aren't covered by any deposit insurance. The safety of your money depends on the financial sound- ness of the various governments and companies whose debt obli- gations the fund chooses. Two. Here's another risk. “If interest rates were to jump and to cover redemptions, the fund had to sell securities rather than holding them to maturity, that could cause the fund units to drop in value,” DeCelles said. Here's why: Let's say the fund holds T-bills and bonds yielding seven per cent and rates rise sharpley so newly issued T-bills and bonds yield nine percent. The fund will have to sell its seven per cent bonds for less than it paid—after all. Why would you of the year over the same period in 1991, while employment in the rest of Canada fell 1.2 percent. Pay full price for a sevén-per-cent bond when you could get a new bond paying nine per cent? “The longer the term of the Securities held by the fund, the greater the chance of lower and even negative returns—that is, a loss if rates should turn up sharp- ley," DeCelles said. The money market fund's Prospectus and reports reveal the maturity of the securities held (The same principle applies to mortgage and bond funds:When interest rates rise, the risk of a drop in those funds’ values also rises.) eee Have you moved into a home you previously rented out? If you didn’t declare the capital gain at that point, the change in the capi- tal gains exemption rules for real estate is going to cost you money. Turning a revenue property into your principal residence—a change of use—normally triggers a deemed disposition (sale), which in turn produces a capital gain (profit) if the place is worth more when you move in than when you first bought it. But in many cases, you: may choose to defer this deemed dis- Position until you actually sell the place. (For more details, see Page 23 of the latest 1991 Rental Income Tax Guide, available from your local tax office.) Under the gew rules (not yet passed into law), your capital gains exemption on revenue property is restricted to (a) the number of months from purchas- ing through February, 1992, y growing slowly for 1992 has been revised to 2.5 percent from 3.0 percent. Slower- than-expected economic growth Statistics Canada figures rel d late last week show a gain of 10,000 jobs in B-C. during August compared to only 1,000 in the rest of the country. However, labour disputes in the province's pulp and paper and mining industries cut production and exports in the May to July period. Consumer spending and business investment have been weaker than expected. As a result, economic growth for B.C. Tenders being accepted ; Bids were being accepted for several contracts over the last month including the widening of Pass Creek Road and the upgrading of the water system Light truck TNT Autobody in Castlegar is now carrying light truck acces- sories such as canopies and box liners. TNT offers installations for the Robson-Rasberry improvement district Tenders were also being accepted for the disposal of the old Pass Creek school site. accessories and advise in addition to their wide selection of car and truck product lines. wee -----4 ro-- $e ENTER TO WIN A FREE MOVIE PASS TO THE CASTLE THEATRE Name Hi Phone 1 Weekly draws! No photo copies pisase. | Just drop off newspaper coupon at the | Castlegar Sun - 465 Coktunbia Ave. 651 - 18th St., GET ON CHICKEN BURGER SPECIAL Includes a choice cut of breast meat on a sesame seed bun with lettuce, tomato and our own special Sauce. Aso includes your choice of golden crispy french fries, our delicious JoJo's or our freshly mede salads. FOR ONLY $3.99 ‘So get on the train and head on down to Chicken Time. For a great meal at an affordable price Remember - anytime is Chicken Time! Ceigar & Cominco meal tickets accepted 365-5304 2816 Columbia Ave. BUSINESS PKG. ‘y= = CASTLEGAR ONL Y lal BATTING 1434 Columbia A\ =) Zi WIN! ov / HONDA SNOW BLOWER model #45521 - RULES: © Pres must be accapted as offered FABULOUS FALL GIVEAWAY presented by: TROWELEX EQUIPMENT RENTALS & SALES Ky The Castiog: jar Sun WIN! POULAN GAS model# 111 Sree een Stebel 2, 190 st Ga km. we WINI rY HONDA LAWN MOWER mode! #HRA215PDC 4th One use of 20° x 20" party tent Includes set up & removal. Must be used by Oct. 31/92, (Some restrictions apply if outside of 5 mi/8 km radius of Castlegar Industrial Park), Drop off or mail to: FABULOUS FALL GIVEAWAY Castlegar Sun: 465 Columbia Ave., Castlegar, B.C singe by rabgietorte 9 er V1N 1G8 has Ited in higher spend on income assistance, and lower sales tax revenues due to weak consumer spending. This is the first year since 1987/88 the quar- terly has reported on a consoli- dated revenue fund basis, which means a more accurate portrayal of the province’s fiscal situation. Port ococ st CYLINDER FILLS 20 Ib. Coupon K Ge PROPA Foland ected messise or EXPIRES SEPT. 2072 r ! Sun Classifieds Sell divided by (b) the total number of months between purchase and your moving in. The longer you hold the place until you sell it, the less of the capital gains exemp- tion you will be able to use. Silver Rattle Antiques 301-11 Ave. Castlegar (in Tulips Building) 365-5191 Mike Grenby is a Vancouver- based columnist and independent financial advisor who works with individuals, he will answer your questions as space allows—write to him C/O The Castlegar Sun The navigation lock at Hugh Keenleyside Dam will be closed to boat traffic September 19 & 20, 1992 B.C. Hydro apologizes for any inconvenience this may cause. BGhydro €NTHONY'S STEGK - PIZZG Pizza 2 for 1 Menu GUARANTEED DELIVERY 20 MINUTES BEFORE CLOSING EVERY NIGHT OF THE WEEK. Mon. - Thurs, 11:30 am - midnight Fri. - Sat. 11:30 am - 1:30 pm Sunday & Holidays 4:00 pm - midnight 365-2188 1101-2nd St., Castlegar INIWJOVNVW MIN U30NN PAUL & FOTINI TANGAS BETWEEN SEPTEMBER 15, 92 - DECEMBER15, 92 with each food purchase of $10 or more, enter to win your choice of a men's, ladies or youth's 10 speed bike. Bicycles From Castlegar Bicycle and Sport Shop Bicycles on display at Anthony's and Castlegar Bicyle & Sport Shop Employees of Anthony's Steak & Pizza Ineligable to enter or win 3 bicycies fo be given away Oct. 15, Nov. 15, Dec. 15. By irways ii GROUND SCHOOL TUESDAY, SEPT. 22, 1992 at 7:00 pm at Kootenay Airways - Castlegar Airport. Private pilot course includes 45 hrs. of flying, books and ground school. Ground schools are Tuesday and Thursday 7 - 9 pm starts ( Package Cost $4256 includes all taxes ) Flying training can be tax deductible. Financing avatlable OPENING Saturday, Sept. 19 PRIVAT on location "hi 19) Sept. SS Sept Kootenay Airways Ltd. serving the West Kootenays * 365-3035 © 1-800-667-5518 13, 10-2 19,9-1 Special rates on introductory FLYING TRAINING ¢ AERIAL PATROL ¢ CHARTER Castlegar