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Show SHALE DISTILLATION PLANT SITE PICKED Standard Company Begins "Work on Holdings Near Elko, Nev., Where Large Area Is Being Cleared. Preliminary work preparatory lo starting start-ing an active campaign of development on the holdings of the Standard Oil Shale company near Elko is under way, according ac-cording to an announcement made yesterday yester-day by President V. O. Kay. The site selected for the distillation plant is being cleaned off and the overburden Is being be-ing removed from a large area of sliale. Mr. Kay also announced that the campaign cam-paign for financing the company was moving along in a highly satisfactory-manner satisfactory-manner and predicted that everything would be in readiness for the installation of the plant by early spring. Daily tests of the shales from the Standard holdings are being conducted. at the University of Utah with results in every way satisfactory to the management. manage-ment. Reports indicate that the tests are yielding an average of belter than sixty gallons of crude oil to the ton of shale. |