Word: alberta
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...throaty roar echoed over the grainfields outside Edmonton. Within minutes, a bumper-to-bumper line of cars was moving out of the city along the westbound Jasper highway, heading for the new Acheson oilfield, seven miles away. There a crowd gathered to relish a familiar but stirring sight. Alberta's newest oil well was blowing in wildly, gushing up 200 feet and spitting blobs of copper-black crude for half a mile around...
Rampaging wells and eager people are signs of the times in booming Alberta. All Canada has expanded amazingly since World War II; discoveries of iron ore, nickel, copper, uranium and titanium are cracking open a dozen new frontiers. But the biggest boom of all is in Alberta's oil, the most significant new find on the continent since Texas' Spindletop roared in, 50 years...
Taken together, the two wells led some geologists to believe the basin might hold a big new oil pool. They think it may hold as much oil as Canada's fabulous Leduc pool in Alberta. But no one will know the size of the field until many more wells are drilled. Wall Streeters are not waiting. On the New York Stock Exchange, Shell Oil common jumped six points in four days to 64, the year's high, while Northern Pacific climbed five points to 47⅜, highest in 20 years...
...years old. "He looked just like any other Royal Navy midshipman," remembers a Halifax girl. "He seemed to be growing out of his uniform." Philip's wife, Princess Elizabeth, has never been in Canada at all, though her uncle, the Duke of Windsor, owns an Alberta ranch, and her parents, King George and Queen Elizabeth, toured the Dominion in 1939. The heiress-presumptive to the British throne has, in fact, visited only one of the Commonwealth Dominions abroad, South Africa...
Admiral's success story is no isolated wonder. Since the end of World War II, specialized U.S. investments in Canada have become commonplace-wholly aside from such widely known developments as Alberta oil, Labrador iron and Quebec titanium. Last week, for example, Canadian Steel Improvement Ltd., owned by a Cleveland company, announced plans to produce jet engine compressor blades for the R.C.A.F. in a $2,000,000 plant near Toronto...