Daily Times-Gazette, 17 Oct 1951, p. 14

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1 PAGE FOURTEEN THE DAILY TIMES-GAZETTE Wealthy Indians Sell Jewels for Ready Cash New Delhi (Reuters) -- Shortage of ready cash is inducing Indian jandowners and princes to part with some of their jewels and gold, ac- cumulated in treasuries and strong- holds throughout -the .centuries. The "samindars" or landowners, some as powerful and rich as ra- jahs, whose estates are being com- pulsorily bought up for redistribu- tion by the government, will not get full compensation for their land for many years. So many of them are preparaing to sell some of the . hoarded family jewels. In the same way the maharajahs and other princely rulers, despite the privy purses granted them by the government since their states were merged with the Indian union, find themselves short of foreign currency. Many of the princes and land- owners have jewels enough to keep their families in affluence for generations, far there has always been a tendency in India to invest money in solid treasure. Most Indians, of whatever class, as soon as they have a little money to spare, put it into gold or dia- monds -- either gold sovereigns, a gold bar to bury in the earth to provide a dowry later for a daughter's wedding, or gold and diamond jewelry to decorate their wives. , FROZEN WEALTH This is still the practice, parti- cularly among the middle classes | and country people, and is partly responsible for the shortage of in- vestment money in India. But the economic stringencies of the times are beginning to bring out from the coffers of the landed and princely rich some of this "frozen wealth," No one quite knows just what the jewel wealth of India may be. Many rulers made lists of their jewelry when their states were merged. But it is not certain that even these were complete. One of the few to provide a com- plete and clear list of private prop- ery was the meticulous Nizam of Hyderabad, richest man in India, who had decided to sell most of his $28 million jewel treasure 10 | form a family trust. | TLe value and guintity of the) jewels of Baroda, next most fam | ous u'ter those of Hyderabad. are | less certainly known. They inciude | tne finest pearl necklace in the | world, formed > seven strings, | etch pearl being of 'mmense size, | and a diamond necklace with ®wo | ensrmous diamonds known as | "Star of the South" and: "Shake | Akbar " | The Jodhpur jewel house contains | gems estimated at $8,400,000, in-| cluding one of the cdcest items of | jewe'ry on record -~-- a pair of | scintillating' diamond ey e brows, held in place by hooks over the ears. Extract Oil By Boiling Shale Rock Calgary (CP) -- How do you get oil when there aren't any wells? That's a question which those in- terested in the Athabasca oil sands have probably asked themselves. The answer could be found in Sweden. The Swedes have been get- ting good quality oil in reasonably large duantities by literally boiling it out of rocks, or more properly, shale. Olov Terbstrom, Swedish trade representative touring Canada, ex- plained it on a visit to Calgary. He said the Swedes have been getting oil from shale since the end of the Second World War. The Swedish navy, he said, was largely dependent on this type of oil dur- ing the war. The first method the oilmen used was to gather likely looking pieces of shale, heat them and then distill the gases released by the process. But a faster and more practical method now has been evolved. Six holes, in a rough circle, are drilled in shale rock to a depth of perhaps 15 feet. A larger hole is drilled in the centre of these six and then elec- tric heaters are lowered into all holes but the central one. The heat drives gases out of the central hole which are distilled, producing a good oil. RARE BIRD Great Central Lake, B.C. (CP) -- James Quinney shot down a rare albino crow in this Vancouver island town. Experts figure that there is only one albino to every 50,000 regular black crows. REGISTER Thursday or Saturday p.m. for lessons in Ballet, Toe, Tap and Baton Twirling. Ade- laide House. IRENIE HARVEY A.C.CM., RM.T. WHERE THERE'S allel THERE'S HOSPITALITY A BONUS in LIGHT HOURS SAVE YOUR H YDRO SHOP WARNER BROS. » RN Rb GAG vig WEDNESDAY, OCTOBER 17, 1951 ~-- VARCOE'S =] DANCING Saturday Night Cy McLean and his orchestra ADMISSION $2.50 PER COUPLE STARTS TOMORROW THE STORY OF THE GREAT SANTA FE Plaza -- "Cyrano de Bergerac," 1:20, 3:12, 5:04, 6:56, 9:11. Foto- nite contest, 8:44 p.m. Regent -- "Captain Horatio Horn- blower," 2:00, 4:35, 7:00, 9:30. Last complete show, 9:05 p.m. Marks -- "Once A Thief," 1:15, 4:10, 7:05, 10:05. "The Crystal Ball," 2:40, 5:35, 8:40. Last complete show at 8:40 p.m. Biltmore -- "Kim" (Technicolor) 1:00, 3:21, 6:41 and 10:08 p.m. "Fancy Pants" (Technicolor) 1:51, 5:11 and 8:38 p.m, Last complete show at 8:38 p.m. Drive-In -- Box office opens 6:30 pm, 1st show begins 7:00 p.m. "Drums," 7:28 p.m. and 9:26 p.m. Last complete show 9 p.m. Refreshment booth open Friday - Saturday Sunday TOCNEL LS. ENDS TO-DAY Mano de Bergerac IN TECHNICOLOR with a cast of 3,000 Released thru UNITED ARTISTS A. MOVIE QUIZ CONTEST PICTURE! | Located 2 Milas West on the Double Lane Highway FREE BABY BOTTLE WARMING SERVICE ALWAYS A COLOR CARTOON AND A FIRST RUN NEWS REEL CLEAN MODERN REFRESHMENT BAR RAIN OR CLEAR 2 SHOWS NIGHTLY FIRST SHOW AT DUSK ANOTHER ALL-TECHNICOLOR SHOW! M-G-M's GAY YOUTHFUL MUSICAL. IN COLOR BY TECHNICOLOR( KINETTE CLUB OF OSHAWA presents CHILDREN'S FAIR Friday and Saturday OCTOBER 19th and 20th in the ARMOURIES Admission -- 10c ® co-starring Louis CALHERN - Ann HARDING PENNY EDWARDS - JAMES MILLICAN Added Action Hit! | WHIRLWIND COLUMBIA PICTURES present; GENE AUTRY " World's Greatest Cowboy and CHAMPION World's Wonder Horse Toy Displays Airplane Rides Penny Toss Free Samples Ticket Draw Food! Food! Midway Attractions Pony Rides Movies Dr. Ballard's Mutt Show Punch and Judy Fish Pond Car Rides Special! CHILDREN'S FASHION SHOW FRI. & SAT. -- 7.30 P.M. ~---- Presented by ---- MRS. MEG. WILSON All styles shown are available at TEENIE WEENIE SHOPPE 17 Bond St. E. Dial 5-5811 LAST DAY] "ONCE A THIEF" PLUS "CRYSTAL BALL" "KIM" in TECHNICOLOR with ERROL FLYNN {FANCY PANTS" in Technicolor with BOB HOPE ¢ present ENGAGEMENT EXTRAORDINARY STARTS TODAY! with ROBERT BEATTY JAMES R. JUSTICE DENIS 0'DEA £ wh ANDS AFIRE AND SEAS BOILING WITH FAR. FLUNG EXCITEMENT THAT CASCADES FROM CARIBBEAN PIRATES' i WZ LAIRS AND MYSTERIOUS LAGOONS TO THE GREAT A UNCHARTED CAPE AND THE MOORISH EMPIRE! Colon LATEST WORLD BUGS NEWS a a Feature Daily "BALLOT BOX BUNNY" Continuous Daily From - 1:30 P.M. BUNNY ® Color Cartoon

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