The most impressive thing about Steven Soderbergh’s third feature (after sex, lies, and videotape and Kakfa)–an adaptation of A.E. Hotchner’s childhood memoirs, rich in period flavor–is that it’s set in Saint Louis in 1933, roughly three decades before Soderbergh was born, yet it offers a pungent and wholly believable portrait of what living through the Depression was like. Soderbergh gets an uncommonly good lead performance out of Jesse Bradford as the resourceful 12-year-old hero, living in a seedy hotel and steadily losing the members of his family: his kid brother (Cameron Boyd) gets shipped off to an uncle, his mother (Lisa Eichhorn) to a sanitarium, and then his German father (Jeroen Krabbe) goes off to try to make money as a door-to-door watch salesman. We also learn a fair amount about the hero’s neighbors (Spalding Gray, Elizabeth McGovern, Adrien Brody) and schoolmates, and Soderbergh does a fine job of keeping us interested and engaged without stooping to sentimentality. This is a lovely piece of work. Fine Arts.