European Stars And Stripes (Newspaper) - August 30, 1986, Darmstadt, Hesse                                Page 6 the stars and stripes saturday August 30,1986 pm cuts financing rate to lowest in its history Detroit up general motors co. Thursday offered 2.9 percent financing on All of its 1986 cars the lowest retail Rale in its history in a drive to Clear packed dealer Sale rooms for 1987 models. The rate also applies to most Light trucks. If anyone has been waiting for pm s final closeout of 1986 models this is it and for that reason we re calling the program the big one " said James , vice president in charge of pm s sales and service staff. The 2.9 percent annual rate applies on 36-monthcontracts with 4.8 percent available on 48-month con tracts on All passenger cars and most Light duty  an alternative customers May receive Cash rebates ranging from $300 to $ 1,500 depending on the Model. Ford motor co. President Harold Poling reacted quickly saying it ruined my  Chrysler announced Friday it would offer 2.4 percent financing tits new car customers. The biggest incentive package in the 67-year-history of the general motors acceptance corp., the no. 1 Auto maker s financing Arm comes at a time of lagging Sale Sand reported customer indifference to lookalike models. At the same time pm is delaying 1987 Model introduction from sept. 25 to oct. 9, Vorhes said "�0 the incentive program can achieve maximum import with our customers in pm  the million vehicles in dealers hands amounts to 65-to-70-Day Supply Vorhes said adding thai s really not too far out from what you traditionally have going into a  pm decided that the usual three or four weeks is no Long enough for the program so we decided to give it a full six week shot Vorhes added. Vorhes said pm does not think the program will affect 1987 sales and has no information on 1987 prices. The Cut rate program immediately follows pm second consecutive decrease in car sales Over year ago Levels. For the period aug. 11-20, pm s sales fell 10.4percent on a daily rate basis. The company potted a 4.s percent decline from year ago Levels for the first 10days of August. Ford is now offering financing As Low As 6.9 percent and rebates of up to $600 on nearly every car line through oct. 2. Chrysler corp. Had been offering s.5percent financing and rebates of up to $1,500 through sept. 6. Archaeologist Dan Elliot works on unearthing Whit May be he oldest Structure found in North America. Ancient Indian site excites experts Bear Valley Calif. A a prehistoric Struc Ture that could be the oldest Ever found in North America has been unearthed by archaeologists in the Sierra Nevada 150 Miles East of san Francisco. Scientists believe the Indian Structure a Clay floor discovered in the stanislaus National Forest two weeks ago is at least 10,000 years old. A discovery at Hells Gap wyo., was previously believed to be the oldest Man made Structure on the continent dated at 8,000 years old. The new find could affect scientific opinion about How Long ago humans migrated to North America. Sites and structures tentatively dated up to 32,000years ago have been found in South America. If the Date holds then California Man is much older than we be thought said Rainer bar Ger chair Man of the archaeology department at the University of California at los Angeles. Scientists said Spear Points found at another site 30mil.- away have been Carbon " net snapped a guide wire sending Andron railing tumbling into the crowd below officials said. Fifteen spectators suffered minor injuries. The five adults and 10 children injured at the Ringling Bros circus at the cow Palace on thursday were treated for bumps and bruises according to officials at Seton medical Center in Daly City and at Peninsula Hospital in burling