Show 1 fiNANCIAL MINING AND OIL OL NEWS s t Edited by Ira Iro C. C Tichenor COMPANY IS FORMED TO OPERATE IN c. c WYOMING I I Salt Lake and Ogden Syndicate Syndicate Syndicate Syn Syn- Completing Practically Practically Closed Concern i It n is expected that the Big y Oil H- H and Refining company will be Incorporated incorporated j i rated ted during the pr present week and that r drilling opera operations lions will be started in the f Big Piney field of Lincoln county Wyoming Wyo Wyo- i ming within two weeks i A majority of tho Salt Lake Lako members Jr of the tle syndicate met yesterday and voted on i a a. number numb r of ot recommendations which 1 t. t 1 will be presented to the Ogden members p-c p of the syndicate at a meeting to be held c. c this evening at the Weber club y At the meeting In Salt Lake yesterday T. T E. E Fitzgerald acted as chairman and I JJ J. J theT the Tracy recommendations g Wootton fo as as' was secretary ir that h ith the Among name nameS i S S f of ot the corporation should be the Big 5 Piney Oil and Refining company and the J a S 41 t capitalization of ot shares of a par S. S value of 1 I An agreement was reached S. S with tho the syndicate of four Salt Lake r men who control the tho land to ke stock Jn Sn the company Instead of ot a royalty thus j e making the stock fully paid and als also o It f. iv will be Practically all of the stock has been subscribed and the Aj company virtually will be a closed one i S 55 It was also recommended that the di directorate dl- dl S shall be composed of ot five lve members mem mem- memS S bers of which IC t three will be from Salt ti ofT 5 Lake T Two of t these e it was recommended c mended should be F. F O. O Freeman one i 5 of the promoters and a practical oilman 2 and the other Frank MacVaugh l one of ot of'S S 'S W the heaviest subscribers and also a practical S oilman The third Salt Lake director r Sa I tor probably will be chosen this evening eve eve- eI Sea ning when the Ogden members select selectS S their directors and the first officers are named S A tentative contract already has beenS been S made for the purchase of a standard rig S 'S and a supply of ot casing and should this S contract be a approved at the meeting th this evening as es esa anticipated t the work of S 5 transporting the machinery to the Big S linEY field will begin at once The site lt selected c for 0 drilling is about II rg lIi oa J S S tw two and a halt half miles from the two producing producing pro pro- I f wells of ot the Lincoln-Idaho Lincoln company com com- 5 t 1 pan pany and the well recently brought In ini in I i i. i R In by Charles Lackey for the Baum interests inter interi i S ests of ot Chicago and Omaha On two sec sec- j v S adjoining the tho holdings of the Big I rl e Ii Piney company two other companies have 5 h t arranged to start drilling operations at i j once I r S BOSTON DOSTON STOCKS STOCK S E. E F. F Hutton Cc brok brokers ls 25 East S South Temple street furnish the followS follow follow- I S Ing quotations received over their i rate ate wires S lS l'S 5 I Bid J Asked Asked I I Adventure r 2 t S Ahmeek I J 9 0 99 Allouez 49 52 Ariz 17 1 17 I. I i li Balaklava 60 60 6 65 t Calumet Ariz 84 c Calumet Hecla J 5 5 Centennial 19 20 Copper Range 60 t 4 Daly West 2 21 3 I 5 East Bast Butte 18 18 S Franklin 6 6 c Hancock 6 9 S 8 C Isle fenc Royale g al 3 39 42 g S Island Creek 53 53 do preferred 88 90 j Indiana 1 2 Ke eena 1 1 S' S Lake Copper 1 6 7 F r tl E Mass lass Con a 6 9 10 S f S Mayflower 9 12 12 S 1 Michigan l 9 9 9 5 5 Mohawk 80 80 Mason Valley 3 3 t S New Arcadian 3 5 5 North Butte 5 19 19 tr S S Old Dominion o l n 48 49 r S S Osceola 65 66 f S Ojibway 3 4 t Pond Creek 2 2 2 S S Quincy 9 S Shannon 3 9 4 f sc St Marys Mary's 67 68 p Sup Boston 3 3 Sup Copper Coppe 3 9 10 S South Lake 3 9 I S.- S. 2 30 I S S Swift Co 25 S Tuolumne 2 2 Trinity 4 2 4 f U Shoe Mach 62 52 S J do preferred 27 28 I Utah Apex 3 Utah Metals H 4 Hs H's S Utah Con Con 4 11 12 United Fruit 11 5 Victoria 3 3 AI 4 I Wolverine 29 30 S Wyandotte S 1 1 I S SILVER By Associated Press S r 5 NEW V YORK July 28 Bar Bar silver sliver S SI 07 Mexican dollars |