aS
os _Castlégar ‘News September 11, 1985

_U.S. millionaires not playboys

WASHINGTON (REUTER) — The familiar image of
the American easa ipping playboy is
mostly just working-class fantasy, based on recent data‘on
today's not-so-colorful tycoons.

With ghe United States approaching one million
millionaire households, studies show the very rich bear scant
resemblance to the racy figures cut by fictional.

Uni , citing his own studies as well as those
of such firms as Payment Systems Inc. and U.S. Trust Co.
“A lot of foreigners think of the American millionaire as
he is portrayed (on television) in Dallas or Dynasty.
“That is really a disservice, especially in the case where
that p' is used in Ce to support
their that milli are an elite involved in

from The.Great Gatsby of the 1920s to J.R. Ewing of the TV
show Dallas in the ‘80s.
A yacht? Fewer than one in 10 American

adultery, drugs, liquor, you name it.” ».
Millionaire status is a growth field thanks in part to the

have one.

A private plane? Only one in 20 own such a thing.

Spending spree on clothes, antiques, art or jewels? Not
authentic American millionaire style at all.

“Our findings contrast sharply with the images people.
have,” says Prof. Thomas Stanley of Georgia State

effects of inflation. Stanley's. surveys show that about one
American household in every 100 is in the millionaire class,
defined as having net worth of at least $1 million.

There were an estimated 832,602 such households in
1984, and the group has been growing by eight to nine per
cent a-year.

In the profile developed by Stanley, a typical American

is a male age 57, married
with children, living in a comfortable but not flashy single
family home, in or near a big city.
$ He is probably a self-made success and, above all, he
works like a dog — for himself, in seven cases out of 10.
“Most millionaires are working,” Stanley said in an
interview. “And when you see them portrayed on yachts or.
flying around in convertibles, that doesn’t make much sense.
“For-many of them, being ‘flamboyant’ — as in, ‘watch
me spend money’ — is just part of their busi

long-term growth of wealth through business or real estate
investment that create income while minimizing taxes.

Most hold less than 10 percent of their wealth in
spendable, and thus taxable, form.

Millionaires. do spend heavily .on family findncial”

security, education for the children and big interest
payments — although, at the personal level, the credit card
is more likely to be from an:economy store thanva ritzy shop.

\ While some.70 per cent of American millionaires are

It's very si for ( ) Ted Turner, for
example, to attract a lot of press for what he wants to do.”
What seems to distinguish the rich from the rest is how
they manage their. money rather than how they throw it
around.
Studies; by Stanley and others show. they stress

Ifemployed, studies show ‘the remaining ‘minority of

“wage-slave rich” are much more likely to be executives or ~

salesmen that in glamour trades like sports or entertain-
ment.

“I tell people you have a better chance of getting
leprosy in this country than being a millionaire as a sports
figure,” Stanley said in debunking that popular concept.

MOHAWK

10W30 OIL

‘IVIOHAWK CUSTOMER APPRECIATION DAY

© SEPT. 14

WHILE QUANTITIES LAST

MOHAWK

oo) Anti

COKE

SUPER SOCCO

SATURDAY

$

16%in Stock, other sizes ae
Now at introductory prices!

Henne's Marina

On the Arrow Lakes, 2% miles from Castlegar.

365-3219

guitor $75. in excellent
condition. 365-2455. 3/73

Sov S akates,

MIDWAY
GLASS & MIRROR

Glass Replacements
Sealed Units ® ICBC Claims

FREE PICKUP & DELIVERY
CASTLEGAR & TRAIL AREA
604 - 200th Ave., Fairview Sub.
Castlegar — 365-2394

ARTLEY. clarinet (3200. sical’
Both

LIKE NEW_ accordion,
$200.

NEARLY NEW Tappan counter
je with built-in’ wall
20.

9-PIECE
diningroom i
hutch, oval ‘able with

Dislecaly walnut

$300. 365-5044.
SCREENED top soil,
ilable. 352-6187 or 352-: 5960.

with 50 iP Johnson cuiboard,
$1,000. 112-447-9368.

KENMORE Portable dase
88 Ww. corteble. TV, 10 MHZ

sees 9 54”, Ba".
Very good condition. 365- Seat,
tin/72 |
WILL STORE a piano in home.
Phone Brander 365-3404. © 3/73

Aluminum

Sniique radios.
rebuild Kit.

checker, 2 tricycles, Child cater
for aduli bicycle. 173

motor

complet ube

Sheets

2412" x 36"

VISION

KRAFT DINNER

3/7} °°

BAKERY BREAD

=? 79

¢

200 G.

‘DR. BALLARD'S

DOG FOOD

nm Ae

MISS MEW

CAT FOOD

PUREX TOILET TISSUE
wn? TS

GUNK

GLASS
CLEANER

os =COU PON 22222225

20:\b.
PROPANE

REFILL

REDEEMABLE AT MOHAWK CASTLEGAR \

Expires: Sept. 30/85

$449
$429

MOHAWK

100% Canadian Owned

Vv

GRAND PRIZE

DRAW

Saturday, Sept. 14

R.C.A.
«Gen.
VIDEO RECORDER

4 Event — 14 Day Timer

VKT 275

‘Approximate Retail Value $599

CASTLEGAR

Manager : Joan Stetsko

MOHAWK

1415 Columbia Ave.

OPEN 24 HOURS

SERVICES: QUALITY MOHAWK OIL, GASOLINE & PROPANE
— Self Serve — Waste Oil Dump — Fishing Supplies
— Party Supplies — Groceries We accept Visa & MasterCard!

FREE

HOT DOGS
DONUTS
COFFEE
BA LLOONS

Phone: 365-7811

At Castlegar Turbo —~

SATELLITE
SALES

Complete.systems
available!

1 to 12 — 75€ Each
13 to 24 — 60¢ Each
25 or More — 50¢ Each

CASTLEGAR NEWS
197 Columbia Avenue
Costlegar

CHAIN SAW DAYS.
FRI. AND SAT., SEPT. 13 & 14

Pioneer Rep. to assist you!

Free Coffee & Donuts

“SNOW TRAILS

SALES & SERVICE

502-12th Ave., Genelle
693-2382

ABLE bdrm.
in Castlegar, ‘rent
availabl:

For Better or For Worse®

0
fontoct Mr.
365-2667. B.C.
Management
13/68

Lindsay.
Housing
Commission.

IVE NEVER BEEN SO
EMBARR'

3 BDRM. mobile home with large
ition on lary

TWO. BDRM. condominium.

Covered baser

mediately; 95/month.
6808 after 6 tin/;

WOODLAND PARK
HOUSING CO-OP

schocis end

as by opplication

ond ‘imerview. Enjoy the benetite ot
member

FREE ESTIMATES.

Call George Ross
Shop Manager

MALONEY’S AUTO BODY — 365-2155

Starting at

5-27-11

SEE what Mary Kay cosmetics
can do for you. Fran. 365-7857.
40/33

RUSSELL
AUCTION HOUSE

New & Used
Furniture for Sale

Phone 399-4793

$4200 | bed.

INCLUDE HE. PRIC
ms

—On the-spot financing c 2
or 30

available O.A.C.
View at
HILLTOP SERVICE
Or Cal
LORNE FELLOWS

365-2925 Eves. spaper'’s

s
membership in the Bc. Yukon
ERS Assn.,
SPRUCE FIREWOOD, se ore otfered the most

cor ‘each: ofitient a cost:

Custom cut to di

SEAMLESS 5° GUTTERS
uge aluminum, con-
year leakprool guaran-

tee. Free estimates Call Mr.

Gutter. 365-3240. 104/23

CLASSIFIED

RATES AND
INFORMATION

Rates
First 10 Words $3.50
Additional Words 15¢
3 ions for Price of 2
7 Insertions for Price of 4
Special Reduced Rates for
13x, 18x, 26x, 52x, 104x
are Also Available

Attention Getters

25¢ for each time ad appears.
(Minimum charge 75¢.)

Legal Ads
Word ads: 20€ per word for
one insertion; 15¢ per word
for subsequent
insertions. Legal boxed ads:
64¢ per agate line for one in-
sertion; 48€ per agate line for

nt advertising (Program
Spruce firewood only. Aj P c
x 3684, Castlegar, B.
3H7.
PEA GRAVEL, crush, 5/8 crushed
rock, $12 per yard. Minimum 12-
yard, gigodt. Paul Legebokoll,

$00'000 homes. Four Action Ad

will appear in

community newspapers with

more than 1.3 million readers!
365.

BARILERY PEARS, 25¢/Ib. 365-
SSA COLEMAN] irocdnarer toad. Rosson. 3/71
RANCH LTD.|

VINEYARD
Bulk Grape Sales
Wine and Table Varieties

‘el meat. slicer, just
for hunting
ic range.
es CORN. Highwoy 3, _No.
699, Thrums. 399-4 7

CALL ALL MAJOR
—499-5920 APPLIANCES REPAIRED
- -499-2801

KEREMEOS, B.C.

B&C HOME APPLIANCES
REPAIR LTD.
365-5451 or 364:0411

DONNA’'S CERAMICS. TOP SOIL, gravel, ay drain rock.
‘3 Paul Legebokot 926. t8n/63

USED GUNS ah ht and sold
Rossland. 112.

MATERNITY. wf

sizes 12-16.
7/69 | dresses s._ blow!

inser-
tions.

Payment Policy
Payment may be made by
cash, cheque or Visa and
MasterCard credit cards. It is
not advisable to send cash
through the mail. Classified
‘Ads may be charged, but a $1

Chorge will be made if
the ad is not paid for seven
days ofter it first appears.
(This $1 charge does ‘op
ply to Visa and MasterCard
i

10..m. Friday
Order by Mail
Print your Action Ad on a
separate piece of paper and
mail to:
Action Ads

Box
CASTLEGAR, B.C.
VIN 3H4
The Castlegar News reserves
the right to classify ads under

oppropriate headings and to
determine page location.

colour, marital
cestry. place of
. sex (unless the

Rights Branch).

pants $5. Call Fran 365-7857.

1978 ODESSEY.
with snow

* Clothing * Jewellery
* Crystals © Unicorns
© Wicker * Gifts

ROSE'S
BOUTIQUE

‘a Toki)

365-5210

ATTENTION BAND
Ludwig snare, drum for sale.
Barely used. $190. B.O. 365-

ARTLEY = Clarinet in
dition, 4 yrs. old. Asking
Kimball piano witi

old in @

ta ase TB
DRESSER, headboard, ‘win bed
set, ‘oom suite, size us «
traitress {win double). three Asking $3,200. After 5 p.m. of
old TVs. 365-6694, 7/70 weekends 3/72

Z BDRM. HOME on water in Rob-
365-:

son. Furnished.
365-7319 eves. Ask for Pat.

ROOMY, nstairs
-suite- Walk. a. schools and

3.
3/73
ae bdrm.

the
oper of the Castl

first two ads
CHARGE.

zz -
$250/month
6639.

News Lae you pay Say for the
ADDITIONAL

last one is at NO

T ALTO Sax. $400. ir boys
‘$40.

L. Tamarack.
. $325. Ph. 365-
3/72

RD_ 400 engi
$7500.80. Phe .
3/72

ALUMINUM sheets.

sive _rooting,
insu! ation. Tl 2g Sipe ven
used for vapor barriers and any
Kind of miscellaneous construc:
tion, These used _printing press
plates (.009 x 24% x 36 inches)
are priced as follows: One to 12
75 conts each: 13 to 24.

pply, cos

ws,
Cohitibic Ave SCastloger: ‘tal g

Two-Gallon
PAILS
ONLY

*1.50

EACH

Heavy duty all-purpose

plastic pails with tight-
covers and handles.

Need cleaning. $1.50 each.

CASTLEGAR NEWS
197 Columbia Ave.
Castlegar

Apiaries. Grand Forks. Ph. 442.
UE china _cabi Good
365-803:

AUCTION

Liquidation of Building
Mgteral & = Equipment

RUSSELL ‘AUCT 10N HOUSE

Highway 3A Thrums Phone 399-4793

SATURDAY, SEPT. 14
1 p.m. Sharp

SALE CONSISTS OF:

'%-Ton Truck

Printing Press
John Deere Hydroulie Hfset Printing
snowblow:
Construction heaters
Power Trowel
Bostick Air Nailers
Bostick Air Stoplers
It Table Saw

ress
Large selection of doors
Sefeway scaffolding ond

shelving ‘and mouldiny
jevels, complete with
inode

Power tools
Large amount of hardware

Air Com
Glass Sander
17" Cubic Fridge

USSELL ad
CTION StS ooo Leen

PROVINCE-WIDE
_CLASSIFIED

ONLY

Col us
for details!
Classified Ads

$109
365-2212

SS

Castlegar News

WINCHESTER Model 70 XTR'7mm
gnome sith 22 2-7 ) Radilield | scope
ammo. h. 365-
in

TERRA ZERO by Santana white
leather nu: Oxfords.
Om. 365-6073..3

BOYS Baver skates. Si jew
condition, $15. 365-5888.
BROWNIE dress, 5

Boys snows:
size 5. $10. 365.
You may adver
free of charge
ma 5
ticles must not total over $20 ond
each item must have its price
stated. We will run your ad for
three issues.

BATHROOM sink with tops $15,
Ph. 365-6490.

in this column
Up, t two items

24” HAND split tapered cedar
shokes. Will also apply on roof.
Ph. 355-2283. 3/72

STATIONERY SUPPLIES
PHOTOCOPYING
WEDDING STATIONERY
GENERAL PRINTING
LSeHel PrintrS23

623 Columbia Avenue
365-6385

BROWNIE dress ord ‘accessories
$10. Size b hat

SIAMESE “Kittens, affectionate,

plovtul. and litterb.

9 YR. old Anglo Aral
heeds riding. Fh. 35:

_sign,—ice-creom™=
woodstove. Ph. eS: 3925 or oes

Docs BOARDED. Aca Kennels,
Salmo. — Phot 357-9984
‘evenings. in/:

CASTLEGAR SAVINGS CREDIT UNION
- SURPLUS
PROPERTY SALE

Beautiful 2% acres, flat land in Ootischenia.
Riverview, water hookup available.

Ph. 365-7232

TRAIL

S.P.C.A. ;

Serving the entire
West Kootenay area

The Troil SPCA 1 pleased 10 welcome

$180/mo. Ph. 365-5024.

ROBSON:
- furnished:

“FOR RENT

Robson Mobile. 3 bedroo!
spacious yard, garage, quiet
street. $275 per month in-
cludes heat.
365-3113 days
365-5847 eves.

COZY FURNISHED cottage | at
Slocan Park.
garden. $200/monthe ‘428-2809.

'unning water and
in/66
in Robson.
3/72

BDRM. house

2_bedroom, se
vailable Sept. 1;
in/64

2 BDRM. APARTMENT in Oglow
365-39

tin/71

THREE-BEDROOM mobile home
on large lot, available sain 1
Gas heat. 365-3155
BASEMENT SUITE. 2 bedroo:
fridge, stove, ‘iilities included
3 p.m. w
days. tins 1
2 BDRM. SUITE. Batchelor suite.
both partly furnished. 365-2188
Ww 352-777. tin/47

GOUSEREEPING UNITS.

Fully
furnished including. minor
in

pacious-
parking, qui

shop: sy

* Ideal retirement on
special floor

* 1-2-3 bedroom units

© Prices from $225 to $425

* Fridge and Range included

* Very Clean and Homey

* Would furnish on Request

PH: 365-6213
or 365-7661

ONE BDRM. anene. $250. .365-
6095 after 7/70
Py oa <<
Partially furnished,
cluded downtown,
available Suty 1. Phone 365-5012,
tin/4S

BDRM:
per month. pair ‘Don, 365-3347.
tin/71

tin/70

Welcome to Trail
Danal

2 ne

ONE BORM. furnished apartment
$200/menth. 365 Ey
INE BDRM. joreacres
SBS month. No. childrens ne
pots. B.7740. Available Oat
73

ANNOUNCEMENT

Ed Delamont will be at the H.

Thursday, Sept. 12 from: 9:00 a.

without charge your counselling « require ents.

LARGE 2 bdrm. furnished, Bae
suite. Close to town.

NEED on older cou

single responsible wor

son to rent my 2

South Castlegar. 365.2643.
SERVICED % acre Tot, slower ben-
ch Ootischenia. 365-5: 73
2 BDRM. HOUSE aa Sent

$300/month.
Available Oct. 1. 399-4207. 7/73

Ce can improve your methods of doing business.

For more information or an appointment call
£.H. DELAMONT.
CRANBROOK 426-7241 (COLLECT)

Federal Business fédérate
@ sum. re:

Counselling
Assistance
to Small
Enterprises

tage Inn in Nelson on
2:00 noon, to discuss

Canada

HOME NEEDED
URGENTLY

ROSE is eighteen years old and she’s looking for-
ward to being independent soon. For the next few

months she is going to nee

_ting ready. <<<

me special help get.

Please call the Ministry of Human Resources if you
can open your home in the Castlegar area to Rose.

BRENDA YOUNG,

365-8544

KAREN MUIRHEAD

354-6465

a difference.