Northwest Arkansas Times from Fayetteville, Arkansas on May 31, 1974 · Page 32
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 32

Fayetteville, Arkansas
Issue Date:
Friday, May 31, 1974
Page 32
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Page 32 article text (OCR)

i TUNS, M«tay, May 31, 1*74 · ISB FAVBTTCVUUL AKKANIAS Heavy Emphasis On Exploration To Be Continued i. A r k a n s a s Western G a s Company is continuing with heavy emphasis on its exploration programs both in Arkansas and Oklahoma, president Charles Scharlau said today. Since the first of the year in Oklahoma the company has participated in the drilling of seven wells, four of which are producers. The company's net interest in these producing wells is 2,098. Three wells in which the company's net interest was 1.265 were dry tracts with builders concerning new home construction. However, the advent of high interest rates has begun to slow home building again. Despite the high rates' restriction of 1 interest growth, holdes. Currently the company has an interset in two wells being drilled in Oklahoma. In Arkansas the company has participated in the drilling of a total of fourteen wells since the end of 197li. ten of which have been producers with the company's net interest being equivalent to 7.33 wells. Four were dry holes with the company's net interest being 2.96. Currently in Arkansas the company is drilling three wells with the majority of its drilling program in Its newly discovered Batson-Ozone Area in northern Johnson County. Scharlau said that during the first three months of 1974 Arkansas Western had expended approximately $1,400,000 for its expanded natural gas exploration and development program and had exceeded its first quarter 1973 exploration and development expenditure by $881,242, The greater cost, Scharlau said is attributed to two factors. One is that the company, during the first three months of 1974. participated in the drilling of 14 weHs as compared to a grand total of 23 wells drilled during all of 1973. The second reason exploration costs 'are up is due to rapidly rising drilling costs. "In 1972." Scharlau said, "Exploration and drilling costs of the company amounted to $1,761.274. compared to $3,430,702 in 1973." "Budgeted for 1974," Scharlau said, "was $4.250.000. In commenting on the growlf of Ihe area Scharlau said that home building in the area was down as compared to previous years. At the start of the year, Arkansas Western noticed an upsurge in permits and con- there has been a substantial interest in the company service area by people desiring to move here and In build their bus- nesses in this area. Evidence of this continued growth in the company service area was the announcement by the Gates Rubber Company of their intention to build a $15,000, 000 mechanical rubber products manufacturing plant in Siloam Springs. This new plant will be approximately 225,000 square feet n size and upon reaching full utilisation will employ between !00 and 400 people. Construction is scheduled to start this summer and lire plant should be in full operation by early 1976. Young Bagwonns Are Vulnerable To Insecticides Nutrition Said Absent In Food Stamp Purchases' SAN DIEGO, Calif. (AP) -You cannot feed a family adequately on food stamps, a home economist says. "If a family lives on food stamps, on welfare, they can't Bagworms arc now hatching out on deciduous and evergreen trees in Arkansas. They have overwintered as eggs inside the bags. They are particularly vulnerable to insecticide sprays when they are small in size. There is only one generation per year and one thorough spray application will control them. If control measures are delayed until feeding damage is evident and the worms have reached a larger size, good control success is difficult to obtain, Carl E.' Rose, county Extension agent, says that young bagworms spin a silken sack about themselves and attach bits of leaves to it while they are feeding. The worm carries the bag with it while they are Feeding. The worm carries the bag with it everywhere it goes as a security measure to protect it from bird predalion. Control can be achieved by using 50 per cent Sevin wettable powder at a rate of 2 tablespoons per gallon ot water. A new biological control material registered for bagworm control this year is known as Dipel. It is a bacteria formulation to be mixed with water and sprayed. It is effective only on small worms. Other materials currently make nutritionally," Betsy being used a r e : 25 per cent diazinon (Spectracide) E. C.; 34.4 per cent dimethoate (CygorO E.C.; -57 per cent malathion E.C.; o£ R4.5 per cent nalcd (Dibrom) the rate of 2 Wood, home economist for the C o n s u m e r Cooperative o[ Berkeley. Calif., told the Western regional Consumer Conference Wednesday. She said she has found that "even if a family with food slamps shops very, very wisely..they will still have to spend $2 a week in addition to their allotment of samps." In addition, she said, the U.S. Department of Agriculture has miscalculated in saying families spend 16 per cent of their spendable income on food. "The fairly poor and the very poor have to spend 50, or 60, or even 70..per-cent of their spen- dable incomes," sfrie said. ' Mrs. Wood also said m a n y tional value. The criticism was tional value. The cri ticismwas echoed by a Federal Trade Commission official. "The FTC has filed suit against the breakfast food companies that hold the lion's share of the market so that no one can get in with a decent nutritional value. The criticism was Jack Dugan. acting director of the commission's Los Angeles regional office. "But it will take years and years of litigation. The monopolies have the lawyers and they have the money to stand this thing off." E.C. -- all at teaspoons per gallon of water. Dursban is also registered fnr bagworm control this year. Check the container label for d o s a g e . Plants should be wet thoroughly. Any of the g e n e r a l purpose insecticide formulations s o l d in garden supply stores f o r use in garden hose sprayers should also suffice for bagworm control if they are used when the worms are small. County Task Force Will Meet Tuesday .The Washington County Task Force on Child Protection will be held at 7 p.m. Tuesday at College Place Building. 612 N. College. The group will consider the proposed constitution and by laws and hear committee reports on education, diagnosis and treatment. The -meeting is being called by Mrs. Betty McGetrick, president. Th« TIMES b On Top of Th. Nmrt Seven Days a Week Remember The Ideals He Cherished? On* of Uncofe*! Moab w«t» lfc» fact "y«» annot bring «*»·» (n«J(«»»ry by iKuuiiuy In, thrift. " Wo bwrt wmo «o»y »^fi«f» Mom far ywp. S*^ hf ···«· BANK OF LINCOLN "M fh. SpHir." - UNCOIH, ARKANSAS ...With 77 Wal-Mart Discount Stores Pictured Here Is Our Fayetteville Wal-Mart Store, Just One In 6 States, To Serve Our Customers Growing Needs. T M A R T C I T Y W A I - W A R T CITY WAL-MART CITY WAI-MART CITY WAL-MART CITY WAL-MART C I T v

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