Show 1 r Business Barometer I II It I Is reported by Senator D. D O. O RideoUt president ot of the Union Oil 01 and Gas company com com- patty pany that the second ivell wel now being sun sunk I on the company's Farmington field feld feldIs Is down feet lIe He states that the flow fow ot of gas constantly Is Increasing and also the lie showing allowing constanty of oil oI that Is coming up wih the water W. W D. D member of the governing govern govern- Ing board and chairman ot of the house committee of the Salt Sal Lake Stock Stoc and Mining exchange has returned from a two weeks weeks' trip to Los Angeles and nearby nearby near near- by beaches I Jerome Verde has has struck a seventeen seventeen- foot body of high grade ore The Liggett Ligget Meyers company corn com pany has declared an extra extra dividend of 4 a share on the common Louis E. E Kirstein vice president and merchandise manager of ot William Filene's Sons company compan just returned from France says there IS a most satisfactory prospect for international commercial supremacy ot of United States after war American Car Foundry company directors directors di- di rectors next next week will wi Increase dividend from an 8 per cent to a 10 per cent basis This Increase will wi be In the form ot of a regular s 21 per cent quarterly payment pay pay- ment or 2 per pcr cent and an extra quarterly quarterly terly of of 1 per cent The company's earnings for 1918 are estimated at 2400 Butte Bute Superior Mining company for forthe forthe the quarter ended December 31 shows allows profits after operating costs and taxes ot of equal to 33 cents a share on the outstanding capital stock as compared with 50 cents a share In the preceding quarter C C C A. A production ot of barrels ot of crude daily daly by the MerrItt Merrit Oil 01 corporation which was announced last week by Karl C. C Schuyler Its president Is derived derived de- de rived from ninety four wells wels on acreage In the Big Bg Muddy field feld leased by the Merritt Merrit company alone and embracing one fifty one deep wells wels and three forty shallow ahal- ahal low wells wels and nineteen deep and eighteen shallow wells wels on the acre tract jointly joint joint- ly leased by the Merritt company and the Ohio Oil 01 company On exclusive Merritt ground there are twenty one wells wels drilling drill drill- dri- dri Ing and on the jointly owned tract three are now drilling The Philadelphia Mint Is shipping 9 ot of silver siver bum bullion on In connection with wih the movement to India This makes 15 5 shipped from that city In February Feb Feb- since the first ot of the year and since last April Apri dollars Silver Siver was obtained from melting silver |