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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 14, 1975, Lethbridge, Alberta 18 THE LETHBRIDGE HERALD Friday, 14, 1975 Offshore oil, gas well found SAIGON (AP) Mobil Oil Co. has found oil and gas in its First, exploratory well off the coast of South Vietnam, oil sources said today. They said a production test on the well Tuesday found a "flow" of oil and gas at a depth of more than feet. An estimate of the size of the deposit will not be releas- ed until tests are completed, the sources said. Tuesday's flow was gauged at "several hundred barrels a day" while the gas was estimated at "several hundred thousand cubic feet a they said. The Mobil well is 100 miles southeast of Saigon in the South China Sea. Drilling from the floating rig Glomar IV began late in October. A similar find was made by the Pecten Oil Co a sub- sidiary of American Shell, about 100 miles south of the Mobil site last October. The sources said the oil found by Mobil was "very black" and heavier than that found by Pecten. Fore? car buyer can win DETROIT (AP) Ford Motor Co. is offering potential customers a chance to win up to for looking at its 1975 cars. "It's called the Ford Dealer Value Check said Ford vice president John B. Naughton. There's no purchase necessary to collect the money, a Ford spokesman said. "It's a direct mail program to selected lists of Ford and competitive Naughton said in an interview here with The Associated Press. "We invite them to come in to have their car checked and appraised. They become eligible, with a cer- tificate, for the money." The plan is Ford's latest, move to boost sagging sales. The company's January sales were down 19 per cent from the deflated January, 1974, sales and the worst for that month in a decade. The industry currently is offering 5200 to cash rebates to new car buyers in hopes of stimulating lethargic sales The programs began in mid January and end Feb. 28. Ford's certificates can be worth nothing, five per cent of the potential trade in car, up to 50 per cent of the trade, up to or 100 per cent of the trade, up to the spokesman said. The mailing will go to 2.3 million people this week, a Ford spokesman said, but the No. 2 automaker did not say now how many people would get certificates worth sizable amounts of cash. Yo-yo business booming MADISON, Wis. (AP) What goes up and down like a yo-yo when business goes down and up? Why, the yo-yo business, of course. And in these times of recession, the largest yo-yo company in the U.S. is doing a booming business. "When times are tight, they don't have the money to buy basketballs, but they do have the money to buy ex- plained William Heck, comp- troller of Flambeau Products Corp., parent company of Duncan Yo-Yos. "In relation to the economic statistics of the country, we do know that when the econ- omy is on the decline, sales increase." Flambeau President William Sauey adds: "It's not a craze item. Kids and parents buy more of them in hard times. It offers more play value for the dollar than any other toy." The company controls about 85 per cent of the U.S. yo-yo market, with annual sales of million to f 18 million. The firm turns out about yo-yos a day. EASYGOING SPORTSWEAR ARE COMING ON STRONG! J. Carefree 100% acrylic knit cardigan features lovely cable front. Choose from White, Beige or Light Blue. S.M.L K. Value-plus pull-on pants, of comfortable Courtelle acrylic dou- ble-knit. Grey, Navy, Brown Beige. n o o 10 to 18. II.OO A. Feminine tailored shirt, of 100% polyester. Choice of 5 ravishing prints. or 10 to 18. B. Becoming 100% acrylic knit shell with smart front embroidered design. Choice of 7 top fashion shades, In sizes S.M.L. C. Great-looking pants are tailored from comfy easy-care Pontl de Roma polyester. Navy, Brown, Beige and Mint. 10 to 18. D. Irresistible long-sleeve shirt, of a fresh blend. Choice of several prints, In assorted colors. 7 to 15. 7.86 4.72 12.83 10.86 E. Super-stylish 100% acrylic knlr shell has charming fancy pattern front. In Blue, Yellow, White, Pink, Apricot. S.M.L. F. Shape-retaining belted pants, In Navy, Grey, Beige, Powder Mint. Of a nice viscose blend. 7 to 15. G. Fine short-sleeve polo shirt Is fashioned In a comfy blend. Green, Blue, White, Navy, Yellow, Orange. 10 to 18. H. Knee-length Hare skirt Is carefully, tailored from a printed 80% nylon blend. Blue, Melon, or Mint. 8 to 16. 5.84 14.95 6.86 12.83 L. 'Elegant leather-like vinyl hand- bag available in Beige, Natural and Tan. 11 M. Ladies' suede casuals with foam sole heel. Dark Brown, sizes: 6 to 9. 9.22 N. Polyester scarf comes In a wide range of solid colours. Satin border. P. Printed' nylon crepe scarf, In assorted florals, abstracts stripes. IOWx-4 3.47 SOUVENIR PROGRAMS AND EVENTS SCHEDULE AVAILABLE AT WOOLCO each (2 M fcM i.m. H Ml P.HI. DEPARTMENT STORES i MM r.i. iMMn n. in. MS Mil. MO p.m. ;