speculation in llranlum city Beginning To Slacken Sharply

By Will Chislett (Canadian Press Staff Writer) -URANIUM CITY, Sask. (CP) - Claims by the thousands are to return to moose pasture in Bas-

kateiiewan's uranium belt.

A change in pace is evident as the region passes through a rattle- dazzls era. -

Speculstoin. o f f i oi a l s say. is starting to ease. following the pat- tern in other mining-boom areas.

The big staking rushes except; for the occasional burst are-gone. Now, as many as l,800 claims I month are being abandonoed.

aovnnivnmur stars is

Until this year many hldqnn trouble selling their claims to min-

y lug promoters. whether the prop-

rrty was a possible .strike or lull inother piece of unproductive

O ground-moose pasture.

' .,'i'.'he claim-owner finds it hard to make a sale now unless he really has something. provincial govern- ment officials say. Facing stiff de- velopment commitments imposed by the province. the claim-owner has to pull up stakes.

Promoters are expected to start moving out of the areas any time now, government mining men re- port. Some promoters already have eft for Ontario where there-is a aig boom in uranium.

Saskatchewan hasn't had run-ins

with promoters and doesn't expect

any because the majority of pro- innters are considered honest.

Securities Commission officials iavs misgivings sbout some over- ators. a spokesmen said. 'But the province can't -- and won t - do much about investigating.

For one thing. it's hard to draw in. line between the quick-buck artist and the legitimate promoter. Speculation is a part of mine de- velopment. ”

"We can't write off any effort. a provincial mining official said

wiriiour JURISDICTION

The province is unable to curb activities of suspected companies

because most are registered in On-

tario and outside Saskatchewan's jurisdiction.

To control in Saskatchewan.

companies registered the legislature

last spring revamped the WOV- The new act

lnce's Securities Act. ' was aimed expressiy at companies operating in the north.

Effective Sept. 1. ii fnlblfd the securities commission to investi- gate firms before shares are sold. A potential shareholders. High bond-

' ing and penalties ensure unscrupu- lous salesmen will be kept out.

During the

commission has been working

closely with the Ontario securities

commlssinn. providing information 'j'jj

Heart Attack Recovery Aided By New Drug

OLEVEl..A.ND, .(AP) - Patients who receive anti-coagulant drugs following heart attacks have one- third greater chance of surviving than those given regulsr treatment. a country-wide survey of 1,081 Americans shows.

The study was onducted at two hospitals here and 14 others throughout the United States under the sponsorship of the American Heart Association.- Anti-coagulant drugs are given to check the for- mation of blood clots. '

The study showed that 28.4 per cent of the 422 patients who re- ceived standard treatment tor heart attacks died within six months. Of the one given anti- coagulants. 16 per cent died.

Heart attacks occur most fre- uuently when the blood supply to the heart muscles is blocked by the formation of a clot in one of the WTOM?! arteries. physicians say. The block is called coronery throm- bosls.

prospectus must be provided to

uranium rush. the

from provincial possible. v

.'.l'here were two main staking rushes in the Uranium City dis- trict this summer. one at Grease bay about 30 miles west of the towrisite and the other on tLa'lrd Island in Tazln bay to the north. E. E. Bellingham. resident pro- vincial geologist here., says "every- one" went to Grease bay. Laird is- lands maps soon were latticed with claims marked off.

Some stalkers are said to have reaped small fortunes. One party of three is reported to have sold one set of claims for 3500.000.

Pat Hughes..sn Irishman who came to Canada six years ago. with three others this summer sold nine claims on Laird Island for 3100.000.

But in the main. provincial geolo- gists ssy, the average staker has little chance of selling his claims. One mining authority predicts that 21,000 of the 26.000 stakes in Sask- atchewan iast year will have re- turned to moose pasture by 1955.

Stakers generally tie on to an- other reported find and hope they've bit the mother lode or are next to a neighbor who has. A great deal of staking around Uran- ium City was indiscriminate, stak- 1ng first and prospecting.' .if any. last.

geologists when

Fourth World iiountry liy Nehru

NEW DELHI. (AP)-Prime Min- ister Nehru proclaimed today In- die is ”obvlously the fourth coun- try in the world" after the" United Ststes. Russia and Red China.

The prime minister, closing a foreign policy debate in Parlia- ment. demanded that India's coun-. sel be heard in international af- fairs and rated his country above Britain. France. Germany. Japan and all other powers.

However, Nehru did not voice the suggestion previously made by some observers here that India be given a permanent seat on the United Nations Security Council. Permanent seats now are held by the U. 3., Britain, lPrance,lR.ussia and Nationalist Chins.

500 chickens Lost In. N. 8. Fire

NEW WATERFORD. N. 3. (CP)-- An estimsted 500 chickens were lost when fire Wednesday night destroyed the hennery of Fraser Doucetts Just outside the town lim- its. No estimate of loss was avail- able. Origin of the fire has not been determined.

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To Nautical . Mile

WASHINGTON. (AP) - Aviation in the United States officially

switches aver at midnight tonight 12

from the statute mile to the neu- tical mile lollowing several years of bitter wrangling over the step to etandardlu military and civil flying.

While commercial airlines will have to figure speed and distance in knots and nautical miles, non- airline aircraft. Including private pilots. insy continue reporting in the present terms of statute miles

-a

India Rated as lllSAvlstlon changes claims Found

Mouse. in Ketchup

SYDNEY. (CP) - six cases have been entered for the supreme Court civil term which opens here oct,

-Heading the docket is an 518,000

and miles an hour it they wish. The nautical mile is 6,080.2 feet, one not l.s'one nautical mile an hour. The statute mile is 5.200 feet. The armed services hold that the nautical mile and knot are the only simple, practical and logical units for navigation. since the knot equals one minute of latitude.

serum er-ages oy Mrs. Dorothy, McNeil. Big Pond. asainst a pack-T ing firm. Mrs. McNeil claims she found a. mouse in a bottle of Ketchup peeked and distributed by the firm.

BRITISH NAVY READY

HONG KONG (Reuters)-J. P. L. Thomas, first lord of the Admir- alty. said on arrival here Thurs- day that British warships are ready to go to the assistance of British ships and property in the Far.East at any time. Thomas, touring naval units in the Far East, said co-operation between the United States and British naval units in the Far East is as close I! CVET.

The Guardian Friday.

Pa in October 1. 954

nai-risii reruns l'Al'l'lll

LIVERPOOL, England (CP) .. British trains run to schedule bet- ter than Canadian ones. I. G. Whiteford, general passenger man- ager of the Canadian National Rail- ways said Thursday. Whiteford, in Europe to see latest railway equip- ment, said Canadian trains "often are delayed waiting for mails." He will visit his birthplace at Paisley. Scotland. which he left 41 years ago to become a junior clerk with the CNR.

ANNOUNCING

THE APPOINTMENT or

MacIr(AY MOTOR

57-590 St. Peters Road

as a new dealer for

STUDEBAKER

cnns and inuciis

Studebaker is pleased to announce its new association with a well-known Chor- lonetewn firm - MacKcy Motors.

As this popular automotive soles and service headquarters. you will now find one of Canada's longtime transportation favor- ites-Sfudeboker passenger cars and motor trucks. Willi si tradition. of quality work- mcnsliip that extends beyond 100 years. Studebaker products are equally famous for long-lusting style and money-saving operat- ing economy.

To these top-value cars and trucks. Me- Kuy Motors odds in own fine repute!-lon' among Charlottetown motorists. Here you will get prompt and efficient attention - Wllefhef you are looking for a new or used ' car. or truck-or are in searcli of skilled ser- vice on your present model.

Whatever your motoring needs may be -c new car or 1-ruck--a minor cidiustinent -or ci thorough overlioul-come in to Mac-

Kcy Motors soon.

The Studebaker icorporation of Canada, Limited

Hamilton, Ontario

BRY MINING SERVICE

CUDMORE'S DRY CLEANERS

120 Kent st. Phone 022

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