character fonts in Bash terminal

[jwyman]

Sarge installed.  Kernel 2.4  I clicked Ctrl-Alt-F1 and am working in 
terminal console.  I am not in X.  Here is my problem.
1) While using ls command, my directories and files are all white and 
not color coded like they're supposed to be.  How do I enable this 
feature to get them to their respective colors?
2) The font size of my character set is too big (like ms-dos) and looks 
unclean.  I want the character set smaller and cleaner looking.  How 
would I enable this?  Any assistance is greatly appreciated.  Thanks.

J
Dell Dim 8300
Pentium 4
512 MB
ATI AIW Radeon 9000
SB Live!
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