| Show OIL NOTES th the e rio grande railroad will rune run an excursion to tintic gintic on the for the opening of jesse knights new smelter according to boston advices advises ad vices it is the plan of the utah copper company to begin on september the payment of terly dividends at the rate of 2 a share per annum G T ingersoll of the ingersoll machinery company and W T potts an expert oil driller from pennsylvania recently ma made de a trip to the juab field where they are interested te rested J H burtner district freight and passenger agent for the salt lake route has been making numerous trips to the juab field and seems to have much faith as to the final outcome odthe of the district the san juan oil company is the nanie name 4 of a new corpora corporation flon that has been lately formed to prospect territory in san juan county utah C A is president J F carlson vice president Dres ident and J 1 C ney secretary the company is capitalized for divided into fifty cent shares progress at the juab oil companas comp anys well in juab county utah is very satisfactory the drill now being between the and foot marks at the foot depth water was encountered and work was suspended until the well could be eased cased off it is expected that oil will be tapped at a depth of about feet and as this point is approached the interest is increasing the garfield oil company owning property in garfield county utah recently held a directors meeting at rhyolite nov nev and elected the following officers T T kelly president thomas fleming vice president arid ana F P kerns secretary and treasurer it is the intention of the company to soon begin in operations as the indications are very favorable |
