Show NA NAVY W ASKS OIL Ull MA MATERiAL Bm BIDS W July 26 AP- AP Bids for oil field material representing representing an investment In of several hundred thousand dollars on the Teapot Dome naval petroleum ras reserve re- re s serve r. G In Natrona county V Wyoming were asked today by the navy department de- de The rhe bids are to be opened September Sep Sep- 5 0 at the office of oC Lieutenant Commander C. C A. A Trexal inspector or of naval petroleum reserve No 3 at Casper Wyoming The material offered fo for sale has been surveyed by the navy department department depart depart- ment and designated as because of the Inoperative status of the reserve This status was wa maintained maintainer main main- throughout Uh receivership of the reserve from 1 1927 to January 1928 and has been continued con con- by the navy department since It was returned to the jurisdiction of the navy y All or of the mat material set up by the Sinclair interests which held the reserve resene before it was returned to the government for the th-e development or of the reserve Including Including- seventeen miles or of pipe line a pumping station derricks erricks telephone lines and a quantity of crude oil in the tanks Is offered for sale Under the terms of the sale all of the material must bo be removed from the area at the expense of the pur- pur chasers The navy department estimated that the original investment by the SinclaIr Interests amounted to about and appraised the property as worth only In it its present condition |