Show DEPARTMENT HAS NE OIL RULING Changes Regulations for Taking Up of Lease I. I Herald Special Washington April 10 WyomIng Wyoming homestead appear to be greatly confused a as to their rights to oil under the leasing law law and and not without reason It may bo be said With the enactment of the tho leasing law the tho newspapers carried a a. story to tho ef effect ef- ef feet that homestead If bona hona bonafide tide fide would be entitled to a preference right to oil under their entries with certain limitations Such was the tho in intention intention in- in of Congress hut but one can never be sure of a law until it has hag been Interpreted in interpreted In- In by the department administrative administrative adminis adminis- regulations In tho original regulations Issued governing governing- the leasing law It appeared to bo the Intention to extend this preference right only to those whoso whose en en- en tries had been beon patented This was so far from the intention of Congress however that the tho Interior department has now issued an amendment which In some detail explains this preference right The amendment reads Preference flight to Owner of Sur Sur- fa face e.-A e. A preference right to a permit Is given to an owner or of the tho land with a reservation of the tho oil deposits to the thc United States under the tho following conditions a The land must have havo been withdrawn or classified classi classi- fled fied as oll or or gas lands b entry must have been bona tide fide and made such withdrawal or classification classification cation and prior to the date of the tho act c in case of an assignment same samo must have havo been prior to January 1 1 1918 d the tho land band must not be claimed under any railroad grant OIL STOCKS By the harold 11 Co Wire 1460 Borne Pipe Buckeye 96 99 Pa Oil SW S.W. a Pipe SO 85 Continental 3 20 5 0 of Cal I 22 41 S. S 0 of led Eureka tS 0 of Nan Galena t 6 73 iS 0 of Ky 1100 IS C ot ch Pipe I. I 0 of J. J 79 Ie S. S 0 of Sr yet 8 0 of Ohio Swan 83 Ohio 34 lInk Tank pa MeL 55 60 Vacuum 43 Prairie 33 42 Prairie Pipe I BOSrON STOCKS Br the Harold 11 Smoot Co Wire triz Corn J 30 35 I 46 4 Mines 8 Quincy Cs I 6 Gui 65 1 Cal so 1St Marys Mary's 43 50 2354 34 Boston 6 Centennial p 15 6 Cop Utah 5 35 I 0 90 Butte l 15 1554 i 2 Mason Valley 3 utah Apet I yew 4 Metals 2 yew Cornella I Con f BOSToN uv lie Ii Smoot Co Wire i Baltic 3 4 liy 1 Ohio Copper 29 20 Len 12 15 25 75 Con U. U Cr I 36 17 CuD Copper 30 33 Crown lieN 30 40 pt pd 5 1 B. B II 24 do full S 6 50 Cap 11 13 Majestic 17 20 6 2 63 63 icv Douglas 15 20 old 21 39 Chicago April ChIcago banks including Federal bank adopt a daylight saving schedule Commencing Monday morning they will advance their business hours one hour Banking hours ill bo from 9 a. a in to 2 p. p m. m except on Saturdays when they will be from 9 o'clock until noon This was done to conform with ho hours of New York banks COTTON NEW YORK April 10 Cotton Cotton closed steady net unchanged to 10 40 points lower Cotton spot steady middling Cotton futures closed steady Ma May July October December January I |