Time Clock, Jan. 21, 1957

TWO-CAR FAMILIES this year number about 14% of U.S. car-owning population, up from 3% to 5% in 1948. Detroit estimates total may jump to as much as 25% of car owners within a decade.

ATHABASKA OIL SANDS in Alberta, which have estimated reserves of 300 billion bbls. but have long defeated efforts to extract oil, will be developed by Canada's Royalite Oil Co., Ltd. Royalite will start building plant this spring to separate 20,000 bbls. of oil a day from sands with new centrifugal process, then add processing plant, town site for 1,400 people,...

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