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Show OILISllSCOeEO . JIT DUMDND ROCK D. H. Gustaveson Reports Strike on Property Near Spanish Fork. Vh.-u is afltd to be the f!rnt oil wt-il discover),! within en.sy dlntanre from a oornttir-rt lu.1 r?nter In Utah was found ye.itfrday flftfrtioon on tho iroperty of the ijUfltKvivioti Oil comtuny of Suit J.ake, in Dhtinond Kork canyon, near rmnlHii r'ork, itccordlnK to a report ln-outfril to Halt I.nki hy !). II. Gu;Uavton, preal-lnt preal-lnt of the company. It wan the f 1 m t tnt drilling mailo by thfi conipatiy on thiB proijerty. and re-xult"d re-xult"d In the dlBcovery nf u Idrn-lt, crude product at a depth of 407 feet In the first Hlraturn of Bund encountered. A forty-root forty-root strntuin of Hand at .a depth of 872 feet la iho objective. Hhlka I to. a mining engineer of Toklo, connected with tho Mitsubishi Mining comiiany of thut city, who Is In Halt I.uko on a tour of the Cnlted Stnte.3, in-vestliratlniJ in-vestliratlniJ inlnlnK and oil properties, visited vis-ited the district where the oil was found yesterday, declaring' RColoKlcal conditions as he found them were entirely favorable to the production of oil In large quanti- Ue1- . .,. He said the formation was of the Cretaceoua period, with a. prevalence of nandHtone and Rtitlcllnes necessary to the Jiresence of oil. He la taltlnr back to Japan with him peclmcns which he picked tin from tho property, showinK fossils fos-sils embedded In the oil-boarlnr rocks, C This condition, he said, ho had never met anywhere before. Sir. Ito will leave Monday for ban 'anclsco, where he will sail for Yokohama Yoko-hama on AuKut 2. |