BUSINESS The Castlegar S WEDNESDAY, July 14, 1993 4B Mutual funds—what are they? If you're like most Canadian investors, you may find mutual funds are an extremely “user friendly” type of investment They are certainly a popular way to invest: every working day of the year, millions of dol lars are directed into Canadian mutual funds by novice and sophisticated investors alike At the end of June, 1992, there were 7 million mutual fund shareholder accounts in Canada. To the end of May 1993, net Canadian fun pur- chases totalled more than 2.1 billion, and fund assets amount- ed to 89.9 billion Part of the reason for the overwhelming popularity of mutual funds is that these investments are easy to under- stand. Mutual funds are simply pooled investments that allow you to purchase a diversified portfolio of securities. The fund manager combines your money with that of other investors. This large pool of money is then invested for you and other mutual fund withhold. ers_by the fund manager. So you Tend up with a diversified portfo lio managed by a professional money manager. Before mutual fund investing became an alternative, only very wealthy individuals could access the services of profes sional investment managers Diversification and profes sional management are only two of the advantages of mutual fund investing. In addition, there is a wide vari ety of types of mutual funds from the most conservative bond funds to aggressive growth stock funds, to meet different investors’ objectives There are also several kinds of payment plans ranging from One-time lump sum payments upon purchase to accumulation plans which allow regular peri odic purchases in relatively small amounts. Funds also offer dividend reinvestment plans ih which unitholders can opt to have dividends reinvested in Members & Guests BO0th Anniversary The Royal Canadian Legion Castlegar - Robson Branch #170 ES ANSE Op) Saturday, July 17, 1993 4:00 pm - 8:00 pm Chicken, Potatoe Salad * Roll & Butter * Dessert & Coffee Tickets available in Lounge Sponsored by Meat Draw in. the city capturing a mountain vista with natural light fireplace dining areas A third bedroom, with full wall closet, is adjacent to the full bathroom that also serves as a powder room for guests Utilities in the hall leading to the garage A HOUSE TO. MATCH A VIEW A striking angular roofline over window walls accents the view-capturing qualities of this contemporary two-story house With its daylight basement, it's designed to take full advantage of an exciting site overlooking a lake or Vertical cedar siding lifts the eye especially over the entry porch. where a gable cupola shelters wide windows that wash the high entry hall and staircase From the entry, visitors step into the Prow-shaped great room, highlighted by long exposed beams and a log-sized Two sliding glass doors at the other end and another along the side lead from the great room to a viewing and dining wood deck that wraps around the house Steps lead down to a patio that is accessible from the breakfast nook. A corridor kitchen serves the indoor and outdoor unites of the fund. Mutual funds also offer good liquidity because shareholders have the right to redeem their ~ shares for cash, at the fund's net asset value, usually on the day they are presented for payment You can often transfer shares of one fund into shares of another fund managed by the same sponsor, often with no fee. Mutual fund shares are general- ly accepted as collateral for loans from a bank, and they are eligible for matgin loans in a brokerage account on the same basis as listed stock. Of course, there are also dis- advantages. With the exception of money-market funds, mutual funds are generally suitable only for long-term investors, so if you're looking to make a fast buck, this is not for you Most investment advisors would caution against thinking of mutual fund investments as a source of emergency funds. And keep in mind that although pro fessional management can pro- vide stellar results, no money manager is infallible, and so day to day and quarter to quar- ter performance of any particu- lar fund may be volatile Mutual funds can be run either by mutual fund trusts or mutual fund corporations What's the difference? Mutual fund trusts are required to flow through to their unitholders all Canadian dividends, interest and capital gains, and foreign income, net of expenses Mutual fund corporations also flow through Canadian dividends and capital gains, but they are taxed on interest and foreign income and nor- mally keep the after-tax amount in the fund Mutual funds can play a part in almost any investor's port- folio whether it is large or small, but the type of fund you buy will ultimately depend upon you individual invest- ment objectives Next week, we'll describe the various types of mutual funds available ™ BLUE CHIP THINKING is a trademark of Midland Walwyn Capital Inc. The information in this report is obtained from sources believed to be reliable, but we cannot represent that it is accu- rate or complete. Midland Wal- wyn Capital Inc., its directors and or.employers may from time to time have a position in the securities mentioned. Copyright of Midland Wal- wyn Capital Inc. head Office 40 King St. West, Suit 3400, Toronto, Ontario MSH 4A1 Invest in the future and hire a student this summer Submitted With. the closing of schools for the summer, the Student Employ- ment Centre has been busy regis- tering more and more students seeking summer employment. In order to assist students in their quest for jobs, all Student Employment Centres across the Province will be holding the ODD JOB PROMOTION from July 11- main floor ed to the complete the 975-square-f. The garage doors can be m end wall for variable car access The open staircase leads to a hallway with a vaulted ceiling Both bedrooms have full, private bathrooms, and access panels to storage areas along the outside walls of the 610-square-foot floor The daylight basement adds living and bedroom areas, plus storage and work spaces. The plan is available without the daylight basement For a study plan send $7.50 t Landmark Designs, PO Box 2307 CN Eugene, OR 97402. (Be sure to specify plan name and number when ordering.) Address inquiries about PLAN 1002- 1A-AP (non-basement) or PLAN 1002- 1D-AP (with daylight basement) t KENNETH E. GEPHART, AIBD: 9630 S.W. Eagle Lane; Beaverton, Oregon 97005. Phone (503) 641-7584: Fax (503 644-7261. Visa/MC available A set of five professionally drawn plans. for financing. permit filing and construction, is $200.00 for plan 1002 IA-AP or $225.00 for plan 1002-1D-Ap Extra sets are $25.00 each. A material list is $30.00. Add $8.00 for postage and handling. A study plan (4 exterior elevations and floor plan) is available for $15.00 postage included A plan book with 70 designs is available for $10.00 postage included PLAN 1002-14 AP WITHOUT BASEMENT HARDWOOD FLOORS ONLY MAPLE ¢ RED OAK ¢ WHITE OAK WE: LAY, SAND, STAIN, FINISH + COMPLETE JOB RE-SANDING + REFINISH OLD FLOORS . DOING IT YOURSELF: We sell staples, nails, sandpaper We rent hammers, sanders ete. 30 YEARS EXPERIENCE QUALITY WORK GUARANTEED CALL JUAN 359-7784 7:30 - 9:30 pm Castlegar Roofing & Siding VINYL + ALUMINUM + CEDAR SIDING - SOFFITS + FACIA « ROOFING METAL - SHINGLES - NEW OR RE-ROOF Locaily owned & operated Since 1977 FRED LALONDE 365-2522 MARCEL AUDET 365-2537 2116 - 6 AVENUE CASTLEGAR, B.C. VIN 3P2 FALCON. PAINTING & P DECORATING CO. LTD. BRUSH « ROLLER * SPRAY PAPER HANGING a MERCIAL INDUSTRIAL —RESIDENTIAL FREE ESTIMATES 365-3563 2649 - 4th AVE., CASTLEGAR CASCADE LOCK & SAFE © Complete sharpening service © Rekeying existing locks © Complete Novus windshield service & installations (604) 365-8244 Res. 365-3793 613 Columbia Ave., Castlegar, B.C. (Oglow Building) Leo & Debbie Byra 25. The purpose of the ODD JOB PROMOTION is to focus on stu- dents who have been unsuccessful in finding full-time employment and who are able to fill casual vacancies during that period; casual jobs are jobs lasting five days or less. : This year, the Student’s Cen- tres from Trail, Nelson, and Grand Forks will be holding an informal competition to see which communities provide the most jobs during the two week period. Al present, many students in Castlegar, Trial, Rossland, and area are looking for jobs. These talented and energetic students are willing to do all types of work on shortnotice for as long as they are needed. Students have a wide variety of skills, from scientific and technical to clerical and labour. These services are not limited to businesses; households can also Participate by hiring students wherever they need them. Stu- dents can do anything and every- thing, and the quick professional pre-screening service provided by the Student's Centre means you can have a good student worker out to help you in no time at all And how much will all this cost? Well, the referral and pre- screening service form the Stu- dent’s Centre is absolutely free, while the going rate for odd jobs range form the provincial mini- mum of $5.50 (17 and under) or $6 (18 and older) per hour to $8 or more per hour. Please help students find work this summer and felp show the students of Castlegar and Trail that we care about their futures Hire a student for an hour, day, or week by dropping by the Canada Employment Centre for Students at 835 Spokane Street, or by sim- ply calling Roberto at 368-5566. NEW IN TOWN? LET US PUT OUT THE MAT FOR YOU! be sure to call Vereen, Phone: 365-2455 ] Glance Moving around Ursula Dohmen has a new pet supply store at 4190 Minto Road in the Industrial Park next door to her last location visit Ursula for all the supplies you need for your cat or dog On the move Inland Expeditions Company Ltd. has taken over the space at the airport where Gateway Gift Shop used to be and is offering tours, t-shirts and local crafts and gift items. Open every day of the week from 7:30 a.m. to 5 p.m. except Saturday when they are open from 7:30 a.m to 1:30 p.m Great interest The new Children's Orchard Russian exposure preschool! has had tremendous response and is almost full Presentation The Royal Canadian Legion, on behalf of the Dominion Command of the Royal Cana dian Legion, presented a National Media Award to The Castlegar Sun at Legion's recent SOth anniversary dinner The award is presented to media who have performed a valuable service to a Royal Canadian Legion branch, in support of their work within the community. Thank you Branch 170! Correction Castlegar Water Craft Rentals, located on the Do-Un-To charter boat at Scotties Marina has exciting summer fun Tiger Sharks (jet- ski) are | available for 1/2 hour, hour | and daily rentals. continues Site preparations for the new seniors housing development on Columbia Ave. is continu | ing. The area has been logged and the slash has been burned in preparation for the develop- ment | Site preparation | | Visitors increase The Castlegar Chamber of Commerce reports a 100 per cent increase in the number of visitors coming into the Chamber in the month of June 1993 over the month of June 1992. The trend is to more US visitors than last year and the main questions, about a specif Ic attraction, are about the Doukhobour museum. Sales steady Wests Department Store reports that despite the con- struction going on during revi- talization, customers are still managing to find their way downtown and find the park ing at the back of West's store Whether customers use the front or back entrances, almost all the comments the staff are hearing about revitalization are positive New playground Tender Care Variety Centre has a new playground under construction. Due to be com- Pleted within 3 weeks, the children and the teachers at the Centre will then be able to play outside safely. At the same time, Hobbit Hill is undergo- ing renovations including upgrading the outdoor play- ground equipment and reno- vating the interior. Correction Barb Jones, who has been the hairdressing business for 24 years is On a leave of absence from Cut ‘n Loose. Larissa has joined the team there Business news? Call 365-5579 [= Wednesday, July 14, 1993 pittance Adie AA dnt Brimming with sunshine and vitamins, salads are crisp, colourful and deli cious. They can be used as appetizers, part of the main course or as desserts Carrot Salad 3 cups sliced carrots 1 sliced onion 1/2 large green pepper, sliced. Boil carrots 5 minutes or until crispy. Thinly slice the onion and green pep per. Marinate ovemight in the following sauce: 1/2 can tomato soup 1/2 cup sugar 1/2 cup salad oil 1/2 cup vinegar 1/2 tsp dry mustard 1/2 tsp salt Taco Salad Section #1 2 green onion, chop, Section #2 1 pkg. taco seasoning mix 1/2 jar of med. taco sauce Section #3 2 cups grated old cheddar 2 pkg. natural com chips and tomatoes. The Castlegar Sun The Hen Party 1 bottle of catalina dressing 1 large head romaine lettuce (torn) 1 small green pepper, sliced 2 large firm tomatoes, chopped 1 can med. pitted black olives, sliced 1 can mexicana beans or red kidney Combine Section #1 together; set aside tomatoes. Combine Section #2 together. Just before serving, mix together Sections #1, 2, and 3 Barbecuing and Hamburger Disease With summer here, barbecu ing is a healthy carefree way to cook and entertain. Or is it? Barbecue Syndrome is a seri ous form of food poisoning that occurs more often in the sum- mertime. People who develop this syndrome report frequently that they ate ground beef prior to their illness. For this. reason, it is sometimes calléd “Ham- burger Disease.” Due to the grinding process, ground beef may. contain higher numbers of the bacteria, Verotoxiganic E Coli, which causes the illness. However, people have become ill after eating other kinds of improperly stored or under- cooked meat and poultry. Symptoms develop 2-10 days after eating the contaminated food. People may experience severe stomach cramps, vomit- ing and a mild fever. Some develop watery diar- rhea which may later develop into hemorrhagic colitis (bloody diarrhea). Children, the elderly and those whose immune sys- tems are not fully functional are at risk of developing severe or even life threatening symptoms. with hot soapy water and bleach. When removing cooked food from the barbecue always use a clean plate, not the one the raw meat was on. All these will help prevent the growth and spread of the bacteria. FOOD SENSE TD Carol Potasnyk Thorough cooking kills bac- teria and makes food safe Breaking apart one hamburger patty to make sure the inside is brown and juices clear, is a good habit to ensure food safety. Even in a restaurant send back hamburger that is pink Poultry must also be cooked so there is no pink around the bone. However, most steaks and roasts can be eaten a little rare, as long as they are well cooked on the outside: Follow safe barbecuing prac- tices and have a fun healthy summer ahead What eve I am a regular passenger of BC. Ferries Corporation, ‘an Operation that lost over $45M last year! That's a lot of money for B.C. taxpayers, many of whotn have never been, nor ever will be, passengers on any of the vessels that ply the waters of the B.C. coast Many of us consider the sys- tem relatively inexpensive, when comparing the services provided and the distances trav- elled with similar services and routes in other countries. Cana- dians are not happy to pay the actual cost of any government service and are prone to com- Plain bitterly at any increase in Price or decline in service, how- ever real or necessary. There is a protocol of behaviour governing passen- gers and vehicles in line ups in the B.C. Ferries system which can be daunting until you learn the “drill” In spite of their best efforts to guide passengers, B.C. Ferries quite Often gets everything screwed up, and they know it This can happén particularly in loading vessels bound for the var- ious Gulf Islands, where docks differ and vehicles of varying height and length must be accom- modated and yet disembark with a minimum of fuss. After years of “supervising loading” (which used to offer the excuse to venture onto the deck for a cigarette, until we gave up the terrible habit!) we still don’t understand the load- ing “system” and finally con- cluded there isn't one! Each loading officer must have their own “fine tuning”. The system 1s a bit of a joke, since the system seems to be run, not to Please the paying customer, but to suit the needs of the employees who work within it Once you understand and accept this, the rules become a bit' more tolerable The behaviour protocol, though not posted, is usually understood, but there are exceptions. A neighbour, an older gracious lady, was ied in the forward lounge on a busy spring evening, travelling to the Gulf Islands on a fully-loaded vessel. As she rose to leave the lounge, her progress was blocked by the long legs of a lanky youth sprawled in the neighbouring seat with his feet up on the seat across from him. As she motioned to pass through with the words “Excuse me!", he left his legs in place and insolently stared at her. A bit chuffed, she said “Do you put your feet up on the furniture at home?” A woman seated next to the youth immediately rose to her feet and demanded “I’m his mother! Why don’t you speak to me?” My friend, somewhat taken r happened to the “Golden rule”? Good manners and respect never go out of fashion aback, replied, “if you're his mother, why don’t you teach your son some proper manners?” This set off a tirade from the mother wherein she denounced Canadians in general and ended by declaring that she would take up this incident with the “Human Rights Board” as discrimination against her race! My friend replied that it wasn'i a racial matter, but one of Proper behaviour. Unfortunately, the incident deteriorated to the point where she left, the mother screaming invectives after her! When told of the incident, the Chief Steward replied that she had tried many times to think of ways in which to stop people from putting their feet on the seats, but had despaired. On the same vessel, on the same route, a few days later, I was just leaving the forward lounge when an altercation took place in front of me. A group of adults and youths had taken two sets of seats and had turned one around so that two benches faced each other, permitting the group to con. verse easily together. On the announcement that the vessel was preparing to dock, they had arisen and walked off, leaving the benches askew and blocking the passageway. An older man, a regular passenger, had taken exception to this behaviour and had asked them to retum the seats to their proper place One of the adult males replied “Do you run this ship?” as he stalked off. This prompted a shouting match between the group, and a group of regular users who had clustered about at the sound of angry voices. I sug- gested we simply put the seats Victoria Bissell Victoria Bissell died peacefully on June 27, 1993 in Peace Arch Hospi- tal, White Rock, B.C., aged 81 years. She was predeceased by her hus- band G, Claude in 1988. She will be lovingly remembered by: her son Dary! and his wife Carol; her son Broce;-daughter, Vicki and her husband Joe Warren; grandchildren Brian, Alison, Jason, Vic- toria and Laurie; a brother, Bill (Aggie) Hannay; a sis- ter Mercia Stolz; brother- in-law, Allan West and Daryl (Jean) Bissell. A memorial service was held July 6 in First United Charch, White Rock. Arrangements were through First Memorial Funeral Services. back in the proper order, which we did, while the offending group left B:C. Ferries Corporation, to efficiently operate a fleet of ves sels, has developed a system of procedures for the orderly load ing and unloading of passengers and vehicles. Users of the sys tem are required to line up in specific lanes, to proceed only when and as directed, and to obey all orders issued by quali fied “distinctive” personnel The system extends to the cafeterias, wherein a large num ber of people are served reason able meals in a relatively short time. It is unfortunate that the system does not and, perhaps, cannot extend to the lounges to gover the behaviour of the pas sengers it Serves. Qne would think they have never been taught the Christian principle of “Do unto others as you would have others do unto you”. Wedding Bells Rhodes Vornbrock AARDVARK LAWN & GARDEN MAINTENANCE sell Anthony Vornbrock will be married in the presence of their or friends and family at their 359-7 1 47 home in Castlegar, B.C. on August 28, 1993 We offer complete Auto ¢ Residential * Commercial 5 Glass Tinting ¢ more than 35 years service to the area ¢ complete autobody & paint facilities ¢ autoglass replacement CALL 365-5414 TRAIL AUTOBODY 2316 - 6th Ave., Castlegar Without It. Don't Leave Home Ierzeneee EXPRESS For most, recovery occurs 7-10 days after the start of their ill- ness. So this doesn’t happen to you, choose hamburger or other Carol Potasnyk is a regis- tered dietitian/nutritionist working at the Castlegar and District Hospital Castlegar Savings Credit Union GES Castlegar Branch: 630 - 17th St Castlegar, B.C 365-7232 3026 Hwy 6 Slocan Park, B.C. VOG 2E 226-7212 meats at the end of your grocery selection. As soon as you arrive home, refrigerate or freeze ground meat if it is not to be used within 24 hours. Thaw meat in the fridge or microwave. Wash your hands, thoroughly, before and after handling the meat. Clean dishes, cutting boards, utensils and counters which have contacted the meat “~e Major Sponsors: Canadian Regional Airlines Canadian Helicopters CKQR Radio Coeur d' Alene Hotel Resorts Columbia Beverages Lid Fairbank Architects Gus Adams Motors Horizon 1 Hour Photo Lid Kokance Springs Resort Led ng System Services Martech Electrical Systems Lid Nelson Toyota RHC Realty/Ins. Agencies Ltd West Arm Trucking Lines Lid Whitewater Ford Yellowjack Resources BUILT-IN VACUUM SYSTEMS * NO Bags to buy + NO Filters to clean Sponsor + 4.1 peak horse power Allard Insurance Agencies Lid « 140° water lift Arrow. Building Supplies Lid Berg & Naqvi * 10-year motor warranty Canadian Imperial Bank of a Carmichael Paint Centre Coldwell Banker Rosling Real Estate (Nelson) Ltd Cottonwood Autobody (Other modelp avaliable) Exner & Dietrich 365-5087 Grey Monk Estate Winery H & R Block - Ellen Ryan Heritage Inn Johnny's Bakery Leroy Ward Lord Nelson Hotel MacDonald Mason Realty Ltd. Maglio Building Supplies Centre Mediterranean 57 Pizza & Spaghetti House Ltd. Ed Mannings Nelson Brewing Company Nelson Daily News Pacific Insight Electronics Corp. Jitterbug Pinerkige Paving Quality Produce Ramp Body & Fender Works Lid. King’s Family Restaurant RE/MAX Nelson Realty Savoy Hotel - Alan Kilpatrick The Mutual Group - Dean Wells Kootenay Tractor & The Selkirk College Foundation and the 1993 Golf Classic Committee express sincere gratitude to the following for their generous support of the first annual Selkirk College Foundation Golf Classic. Funds raised from this event will support the Selkirk College Golf Management program, the Athletic Program and the Selkirk College Foundation. Reo’s Video Shamrock Grill Lid. Sonja’s China Cabinet Lid Speedy Auto Glass Sport Centre Civic Theatre Clippers Barber Shop. Colourmix (Cottons) Oscar Holdings Ltd. DU's Deli Darwin's Produce Lid Stanley Baker's Cafe DeVito’s Shoe Repair Taylor Wilton Nelson Lid Ted Alien’s Jewellery Tracie’s Boutique Lid. Family Meats & Deli Ultima Carpets Georama Flowers & Gift Shop Ltd. Video World Glendale Tire Ltd What's Happening Interoffice Service White Buffalo Gifts Inc JR's Chicken & Seafood Whitewater Ski Resort ory’s Mens Wear Lid Walwyn Capital Inc. Kal Tire Kentucky Fried Chicken Kokanee Business Machines Kootenay Gok! Custor P Contributors: ‘8S , 24 Hour Video : merce Acklands Av Auto Marine E Bank of Montreal & Sta 3 Pointe Golf Butterdell Restaurant Canada Safeway Carriage House Restaurant A speciat thank you to Palmer, Honary ant ancl the PeDores Fine Footwear Castlegar & District Hospital JUNE BABIES Born to Terry and Tracy Morrel, a boy Born to Colin & Cynthia Andrew, a boy ¢ June 2 Born to Guy and Karen June 21 Virus , a girl Born to Chris and Korrinne Stutter, a boy June, 6 Jane 21 Born to Andy and Sara Derosa, a girl Congratulations to all! The name with a baby rattle receives a free Mum plant from Tulips! 1 Dozen Carnations “$1995 weekly specials offered throughout the summer 301 - 11th Ave., Castlegar 365-5191