Salt Lake Telegram | 1925-12-20 | Page 26 | Co. May Build Steel Plants

U CO M MAY Y ml STEEL TEH rl NT I Faith in Process ned Out in California rit Much uch Success e announcement coming from fromI I or a a. few days ago that ther the r had closed a cont con- con rr t the Bethlehem nr Ltd for the uc n fl 0 of a Deduction plant at ira a. a Ca Cal at a cost coat of nd ed pable of extracting 1000 I. I roll oil a day from oil shale Ij Ia 3 t Interest to Utah tJi s through its sube subr sub- sub It r he e Basin company a Utah Nt n. n owns and controls 20 l r oil on shale land In Uinta U r U company a New Jer- Jer has been plant of three threeS S n n fl Is at St Santa Maria Marla and the Lunged ss sed proved so lb lant will be he brought up O of 1000 barrels The Theme me tal plant was erected I shale deposits near Santa SantaLI LI 11 L. L Davis of New York ord or- or Md d he T N company after ig e ol oil shale fields of Utah io nd since that time has hasa wor or Ing on a possible success- success of extracting the oil onam on am lal lal basis Let er early farly four ears vears of con- con pus us jid nd expensive research and andrI I rI ig the U T company ed at Its plant near w la Cal CaI al a process for tor the I I of f oil from shale After fee s years ot of continuous I ill U n a this process has been beer tested out by a a. number 1011 eJi J oil companies of Amer- Amer J engineers representing if foreign countries andl and l un d practical and efficient go operation I n company's shale de- de the United States nafe na- na fe reserve No 2 2 situated I t a. a basin basinI i I of the Basin company he he contract Just Bethlehem Shipbuilding en by tho the N T U company compan o inner to the construe construe- near rut future ure of similar larger oil extracting ti tabes tah tab h les es are arc very rich In oil In sulphates and i of value known i 1 carbon fO-carbon family These I I t ier r the oil has been cx ex ex- e found to 0 be valuable a In rip of brick wallboard rete work roofing rooting sands t e manufactured articles ago the Basin com com- lipped pe fifty tons of oil shale shalo I tj oWns in the basin h he T i V plant near Santar Santa r a for tor experimental pu pur- pur tests made on this shale representing n tI nA lai-jr lai r il ii companies showed showell an eld ski of gallons o of nilS nil oil S of of shale shaie and a n recovery cent of the oil m w was s sent to tho the Kan- Kan 3 testIng laboratories ana and anar r h supervision of Dr Roy Koy RoyS S WU WS put a. a cra n ts est eel No and proper proper pro- pro per er cent New Navy FINANCIAL REVIEW Dee Dec 1 r By fly the tee Asso- Asso Strength and activity of ot I li aru ru leveral evral of ot which touched t price In year years was wa the y In this wp weeks week's ks k's stock tock trl U w were ro w weak alt during Sr Ir Thirl arc arl of tho the week on selling sailing bl bra I J t by the drastic reOn rei re- re On i ed by some ome larger finan- finan llon on on In n real estate loans loan but risE mad Irregular recovery later acCumulation of the rails rep rep- Id 4 reinvestment of at year- year WU those issues anti and 1 Increased s d prompted o by r reports of a and expectations I and merger r develop develop- ID la In m he long lit list of new ere Atchison Southern Rall- Rall New Haven Rock 14 K Central and Nickel I. I slow 1 In responding to o re- re lr gg ed ml operations I n na a and itI O B 4 or lor sr for lor early 1026 1028 deA de- de A In the Crucible IO aPpeared to have been ril pl pointed upward w I C ff n of several largo I nit I million 1 1 of dollarS dollar r Sharply early r ly In the ther br ar r or of ln the idling elling apparent- apparent by y the of a a U on lr or on en Dodge voe e cars carl Partial 1 recovery c I later p l lom tr w wu wai bl bid 1 up P high on 01 rP report r of t a I large rge S IJ tI tn and 1 n ct llona of ot an- an early next nut year l ls tp rnO Dr De to 15 D the price wide r both sari And u rapid and i v br t the tIme m Obe being J her or It ha has favoring been n. n and rJ f lbs e a aW wheat r nt t yield t e made a acute ea- ea f e corrupt l Practice Dd at Buenos Duenos Q a erlon that t the I W. W u. u lo rr A Ar Montina a l Is III beyond d the t 5 i World orld export- export x of i I. I bush- bush I laa II r ne neoe 1000 red With a week k ago go wheat I n In Ch Chicago were pre lIa higher whereas corn 0 it 10 1 OWn Afa Hn d with oats osti 5 Ig r were at a II Mor from setback to lie k t. t mint In the lh tt t when wheat trade reached before Issuing a cow com the ln gov- gov a r report port ShowIng Bowing such luch tm that Top th arr J I o two province v this O bUbel Counted amounted to fr at trim in lm last Ian years yar- rig fig Ibis that thit the the lb world 1 fU ei exportable ble surf sur- sur b f a trade Authority bushel bUhel short hort the lit a leat at C market altom nut next tel omal report from era tr of et an exportable ur ru buhel u as boshi of only 03 ci- ci ud ltd the cam t lit marker liars here jumped In a buhi bUh r an earlier II a big Ot ell Advance however lure to 10 maIntained owing In a th are lb Uncertainty a real conditions In 1111 n th IlO l O r rl n hy v ve liven given fr way un Under n 1 a oi f V m orn A. A a k L d USUal the tha Dilts t market Ihrl 11 erie or Bpi nt t ti ht hog market art are high