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Show ELK BASIN UNITED IS MARKETING OIL j P.' H. Bail, secretary-treasurer of the i Elk Rasiu Ignited Oil company, makes the official announcement that the first shipment ship-ment of oil, amounting to about 20,000 gallons of high-grade, 34 per cent gravity, crude, went into the pipe lines recently, and that the four producers are pumping into storage tanks for the next shipment. ship-ment. Mr. Ball says that it is the company's intention tp set aside tiie revenue from this production as a dividend for the , stockholders, and claims the distinction that tho Elk Basin United is the first Salt Lake oil company organized In t'tah . that is creating a dividend fund from its own production. It is further stated that the company's drilling rtg in Goshen valley will be ready for operation during the present : week. i |