I found this toy in my archives only as a copy of a cutout from the SEARS Christmas Catalogue 1972, which I possess. Wonderful to see now this toy in motion with that nice lifting mechanism, Dug !( http://blog.dugnorth.com/ und Video )
In the same catalogue you can find also this similar toy „Cascade“ from MATCHBOX:
Here is a newer video from this nearly 4 decades old toy:
Hi Falk,
You’ve been waiting a long time to see this toy in action! It certainly looks like fun. And I agree, that lifting mechanism is ingenious!
-Dug