Page 26 article text (OCR)
: 12A Northwest Arkansas TIMES, Sun., July 21, 1974 PAYITTaVILLI, ARKANSAS *^^^ Weather Forecast fiot temperatures are slill In expected In Florida, the Great ne forecast for Northwest Lakes region, New Mexico Utah and Colorado. (AP Wire- photo) Saudis To Invest Oil Money In US. TAIF, Saudi Arabia (AP) -Saudi Arabia prabably..will invest a major portion.of its oil wealth in the United States, the Saudi oil minister said Saturday. Sheik Ahmed Zaki Yamani said Americans need not fear that the Saudis will buy up American industries with their billions of dollars . in surplus funds. Â· . Saudi Arabia is the Middle East's major exporter of oil. Yamani said in an interview his government is considering investing in special U.S. "government securities. Good For Fishing HERNE BAY, England (AP) -- Wrecks of ships sunk in the English Channel during the Second World War are providing good fishing for anglers. Five fisherman in two dinghies located one of the wrecks! which serves as 'a gathering place for fish, and returned U.S. officials say they hope to borrow u pto $8 billion frojn the Saudis"through special'issues."" U.S. Treasury Secretary William E. Simon, now on a four- day visit to Saudi Arabia, said he outlined a proposal for the special securities to Saudi leaders. Â· - . Although Yamani said the Saudis -still were considering the Simon proposal for special treasury securities, he appeared optimistic,' "I think we probably will invest in the United States.'"Besides the special securities, lie said the Saudis might also invest in the U.S stock market. But' he said they have no current interest in buying real estate. Yamani estimated that Saudi Arabia will have a minimum of n n i i n r l c hf nr $17 billion in surplus oil funds that. it.cannot spend at home this year.-But he noted that not all Saudi Investment would be in the United States. Yamani said the Saudis will continue to work for lower-oil prices and increased production to meet world oil demand. The sheik said his country would auction a quantity ot oil In August, the first time it will have lotd oil la thai mmwr. Simon told newsmen later he welcomed the development "I think It will possibly result In a decrease in prices," Simon said: WANTED . . ! ! "ESTABLISHED" INDUSTRIAL OR MANUFACTURING GnU Cbjst InvMtewnl Grow' U . Mtklng CÂ«ht ln*istriÂ« er minufcctainj firm W *H Â«ra Kf chaM, merger, o r capital Jnndin*. - - " . . . ' IMMEDIATE AonoNi! All npUn exMKttO. PrlBrtMh only veet rwly. ttol trW at tlmt In IJusinK-, Â»lmÂ« with fim* imuul BlÂ«t, iiUng price. Â«n4 (em* tt Â·Â«vÂ»llÂ«NÂ«) To, COAST-SOUTH INVESTMENT CORP an w. IKÂ»* HTÂ«., srit. an Â·Hod, Krmr ItxtOrj .pun .or ranfl) AimÂ»tlÂ» RD'S NORTHWEST PUA.ZA. F--*"* Â» Blooming "Versailles" Sheets Orig. 4.49 Twin Picture the gardens of "Versailles" blooming in your bedroom. These crisp, no Iroa polyester and cotton sheets have over 130 threads per sq. inch. In celestial blue, vibrant pink or melon. Stock up now on these fine quality sheets and save! Orig. 5.49 Full ....,...i-... [ S.W Orig. 10.Â» Ktag SJÂ» Orig. .8.99 Queen Â«.Â» Orig. 3.M Pr. Standard Cases .. I.M Pr. Orig. 4.49 Pr. King Cases ....Â·'.. 3.49 Pr. Cannon Royal Family "Infatuation" Towels Color hued "Infatuation" towels have charm, subtle coloring . . . decorating ways. Cannon creates this loveliest of towels in gold, green, pink or grape. Orig. $3 Bath Towel Orig. $2 Hand Towel Orig. 89c Wash Cloth "Crystal Palace" Towels 2.99 Bath Towel Orig. $4 Orig. 2.50 Hand Towel 1.79 Orig. 80c Wash Cloth 79c Colorful, captivating all cotton Snowflake jacquard towels. In blue belle, strawberry pink, old gold, fire red, majestic purple, Venetian green, daffodil yellow. Solid Colors Balh Towel O f*f\ Orig. $3.50 4.Oi/ Orig. 2,50 Hand Towel 1.79 Orig. 89c Wash Cloth 79c Tailored simplicity with a dohby border . .. rich, regal colors to adorn the balh. In white, fire red. old gold, Venetian green, firefly yellow, purple, orange, camellia pink or delphinium blue. Linens--DILLARD'S--Second Floor nnon "Watercolor Rose" Sheets Orig. 5.49 Twin 4 49 Orig. KA9 Full Ml Orig. 10.M Queen IM Orig. 12.99 King . . . . i . m . . . ; . . . : . . . . MM Orig. 4.99 Pr. Cases 3At Pr. Orlg. 5.Â« Pr. King Cases . . . . . . . 4.4S Pr. The romance of roses blended info.the silky smooth luxury of no iron percale in polyester and cotton. Delicate shades of firefly yellow or celestial blue. Linens--DILLARD'S--Second Floor Open Monday Through Saturday Night 10 a.m. Until 9 p.m.