Word: smiley
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...Smiley. Ed stays away from his show until Sunday afternoon when the first camera rehearsal begins. The physical production of The Ed Sullivan Show is in the hands of Co-Producer Mario Lewis, Director-Choreographer Johnny Wray and Musician Ray Bloch, who have been at work since the previous Monday. Ed comes onstage to a burst of applause from the audience of 500 crowded into the balcony (because of the demand for tickets, Ed's is one of the few shows that admits an audience to rehearsals; they must leave the theater later to make way for a completely...
...against Lionel Corp.'s suit to stop the department stores from cutting prices on electric trains. Macy accused Lionel of discriminating against the department stores in favor of discount houses, of using department stores as "showcases and [to] provide ... an umbrella for price-cutting ..." Said Macy Attorney Donald Smiley: "Discount houses have been making a mockery of Fair Trade prices." As a result, Macy, Gimbels and other New York department stores kept right on discounting scores of Fair Trade products, and were offering a $65 Lionel train for Christmas...
...Smiley's sudden surge is the result of an oil strike last September some 2,300 ft. below the surface of the surrounding wheatfields. In a geologic layer of Viking sand, drillers for Imperial Oil Ltd. struck a pool of high-quality light oil, the best yet found in Saskatchewan. Since then, 30 producing wells have been drilled, and new ones are coming in at the rate of two a week. Some 15,400 acres of Smiley wheatland have been classified as a proven field, capable of accommodating 385 producing wells...
...Smiley discovery is the biggest event in a year of high-pressure oil exploration all over Saskatchewan. Until last year, the province had run a poor second to neighboring Alberta in oil exploration. Through most of 1953, however, while Alberta drilling dropped 3%, Saskatchewan's increased almost 100%, with some 75 Canadian and U.S. companies taking part. At year's end there were 14 established oilfields in the province, with about 450 operating wells...
Most other Saskatchewan wells yield heavy black crude, rather than the lighter, and more valuable oil produced in Alberta. The Smiley strike, yielding a 32-to-36°-gravity light oil, has given Saskatchewan oilmen reason to hope that, in quality as well as quantity, their wells may some day match Alberta's best. Oil companies have already budgeted a record $40 million for development...