I think We are al right.
It is a view from prabably the smoke stack of the cement works(still under construction and in the background the town of Durham).
I have found a postcard in the VRL of the Toronto Library which shows the cement works from a different angle, but it does show the smoke stack. (Card by same maker in the same year although the building work seems to be completed)
Card shown is not shown for commercial purposes so allowed by vrl Toronto to be shared.
