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12. THE OSHAWA TIMES, Tuesday, Merch 24, 1904 BUSINESS SPOTLIGHT Strait Of Canso Prosperity Boom PORT HAWKESBURY, N.S (CP) -- When the long-sought Canso Causeway was opened in 1955, it brought an unpleasant side-effect to communities along! the Strait of Canso, : With the -causeway carrying motor vehicles and trains to Cape Breton Island from the Nova Scotia mainland, the CNR ferries were no longer needed and this brought an end to one of the biggest employing operations in the area. However, things have im- proved, so much so that Mayor A. J. Langley of Port Hawkes- bury says 1964--the town's 75th anniversary -- promises a brighter future than the town has had anytime since its incor- poration. The big shot in the area's economy came in 1960 when Nova Scotia Pulp Limited built a $40,000,000 pulp chemical. mil! at nearby Point Tupper. Municipal leaders in the com- munities on both sides of the causeway say the mill sparked ) a surge in construction--with $50,000,000 worth of new build- ings springing up. Mr. Langley says the area has emerged from "a frantic pace in heavy construction" with activity apparently level- ling off. Officials here think the key to the area's future is a "'mira- cle harbor," created by con- struction of the causeway.' The harbor stretches along 20 miles on both sides of the strait and offers deepsea, year-round an- chorage. Recent developments in the area, once one of the province's weakest economically, included opening of a gypsum quarry by Bestwall Gypsym at nearby River. Denys and a gypsum- shipping terminal at: Point Tup- per. YOUR HOLIDAY | PHOTOS EXPERTLY FINISHED OR COLOR DONE ON PREMISES FOR PROMPT SERVICE NU-WAY PHOTO SERVICE 728-1619 251 KING ST. £. Foreign-Owned Companies Probe Urged MONTREAL (CP) -- Finance Minister Walter Gordon has been asked to find a new way of establishing the degree of Canadian participation in a for- British American Oil Com-; One municipal officlal said) pany builta--$1,700,000--storage|the--best-indication_of long-term the--Chartered--tInstitute--of--Sec- depot" at Point Tupper and| prosperity is establishment of bought up enough land to build/banks--two have been openedjies and other public bodies at) a refinery if sales warrant it. in the area in the last three Acadia Fisheries Limited at years. | Mulgrave, across the strait) from here, is one of the area's! busiest industries. Its annual NET EARNINGS production has increased from 8,000,000 pounds 10 years ago to | 30,000,000 pounds in 1963. By THE CANADIAN PRESS The company, which is build- Alberta Gas Trunk Line Co. ing a $3,500,000 fish plant at\Ltd., year ended Dec. 31: 1963, Canso, operates nine trawlers. |$5,202,911, $1.36 a share; 1962, Ten. years ago it owned two. ($5,057,561, $1.31. Retail merchants say busi:| Ashestos Corp. Ltd., year ness has increased so much that/ended Dec. 31: 1963, $1,926,424, stores *in Mulgrave and Port|96 cents a share; 1962, $3,277,- Hawkesbury have had to be en- 633, $1.64. larged, with new ones added, to| Central Patricia Gold Mines handle business from within a Ltd., year ended Dec. 31: 1963, 95-mile radius. A $1,000,000/$75,190, 3 cents a share; 1962, shopping centre has been $80,906, 3 cents. opened. in Port. Hawkesbury. Dominion Magnesium Ltd., The canal in the causeway is year-ended Dec. 31: 1963, $411,- handling more' than 1,000,000 234, 86 cents a share; 1962, tons c* shipping a year. $232,604, 49 cents. H Cleaned to Perfection! BAKER'S do the finest rug cleaning! I've just complete an over, under, around and deep- down inspection of this freshly cleaned rug and this is my expert- opinion. BAKER'S over 75 years' experience in claning all types of rugs and carpets .. . the most modern rug cleaning equipment .'. . a well trained and experienced staff... all combine to assure you of the most thoroughly cleaned rugs. Call ROSS MILLS (local agents) . . , find out for yourselves by having your rugs BAKER-CLEANED NOW! --"JUsT ONE CALL DOES THEM ALL" --, BAKER Cleaning Co. "Over 75 Years' Experience" Your local Agent... ROSS E. MILLS . CO. LTD. 80 SIMCOE NORTH PHONE 728-6218 eign-owned company, it was learned Monday. . - The request was forwarded by retaries of Joint Stock Compan- the .minister's invitation. The corporate secretary now is required to certify that shares are held beneficially for Canadian residents when estab- jlishing the degree of Canadian participation. A letter to Mr. Gordon from A. Reid Tilley, secretary of Im- perial Tobacco Co, Ltd., quoted ter as saying that: "Some of these companies have thousands of shareholders, jsome frequently with large Mixed-Faith | blocks a shares ee by nomi: Adoptions Irk ee eponiiic ganaunte or by teu Catholic Paper tees of pension funds. | hg would be imyossible ced TORONTO (CP) -- A Cana- the corporate »secretary, who|q; F i has the porale for share dian Homan: Catholic Le lregisters and transfers, to cer-\10" says a recent decision by tify that these shares are held/Toronto Children's Aid Society \beneficially for residents of to cross religious lines in adop- Canada." ition of children is "the first | A redrafting of the certificate first step to undermine (their) lof participation was suggested|spiritual welfare." | to relieve corporation secretar-- The Canadian Register, offi- jies from having to certif whaticial publication of the Catholic they believe to be true anc what/Church Extension Society of might subsequently be proven|Canada, says editorially that if |a resolution authorizing the let- | Formerly children of one re- ligion were placed in corres- ponding religious homes. "Certainly care must be taken also that the child will receive love and happiness in his new home, but these are secondary." The Canadian Register also says in an editorial that Roman Catholics should be "greatly concerned" about the recent outburst of anti-semitic hate lit- erature in Metropolitan Toronto. "Any form of persecution against the Jews is especially noticed _by Catholics, because Catholics fee] a close spiritual affinity with the Jews," the pa- per says. otherwise by tax officials with'a child is' deprived of his par- other sources of information. [ents all possible provision must Rae ene ibe made to preserve his faith.) HELD DEGREES The Children's Aid Society Some 353.901 persons, or about recently announced that except one in 50, reported in Canada's|in the case of Roman Catholic 1961 census that they had uni-|children, religion will not be a} Ronald W. Bilsky, D.C. CHIROPRACTOR Athletic Injuries Nervous Skin Disorders. 100 King St. E. 728-5156 'versity degrees. factor. in adoption procedures. | TAKE A NEW AND WORLD'S FAIR PACKAGE TOUR BY BUS! $40.30 to $155.40 ASK FOR FOLDER DESCRIBING 8 ATTRACTIVE LOW PRICED TOURS United States Steel © 1961 New York World's Fair 1964.1965 Corporation rs ' F ee abs GRAY COACH LINES WHITBY--Harry Donald--Agent, 300 Dundas St. E., Ph. 668-3675 AJAX (South) The Coffee Cup, Ph, 942-2940 AJAX {North) Ajax Coffee Shop, Ph. 942-3390 vorK ' OSHAWA BUS TERMINAL 18 Prince Street, | Telephone 723-2241 who's buying the SCOUT- and countless more ranging from country doctors and Arctic mis- sionaries to rural mail carriers and sur- veyors. Why is the Scout already sales leader in 4-wheel drive? The fact is, it can go almost anywhere... thanks to 4-wheel drive, rugged power and extra clearance. And because it converts four ways (from a stripped-for-action work- horse to a steel-bodied station wagon), the Scout is the handiest unit on or off the road. See and drive it--you're sure to agree! ; m@ _ INTERNATIONAL SCOUT INTERNATIONAL HARVESTER COMPANY OF CANADA, LIMITED 4-WHEEL DRIVE Order Your '"'LOADSTAR" Now From,.. COWAN EQUIPMENT CO. 134 KINGE. --- BOWMANVILLE PHONE 623-5689