Show GIGANTIC OIL DEALIS DEAL IS CONSUMMATED IN CALifORNIA Union Oil and General Petroleum Petroleum Pe Pe- Pe Cos Absorbed by British Concern SAN FRANCISCO Oct 30 The 30 The pur- pur chase chuo of at two O Independent oil com companies nl in California the tho Union Oil on company and tho the General Petroleum company Involving involVIng I ing wa was consummated late Ide yesterday in by Eugene Do Sable according to advices received cd bore Do Sable cabled cabiN that papers had b bee been n signed whereby a n. huge British syndicate headed by Andrew Weir Wet will wUl take over both companion The deal Involves Involve more than In stock tock and In cash The sale salo means that the Union Oil 01 compan company com corn pan pany with its wide oil oU Holds fields Its aubil- aubil diary pipe line companies and aud Its great a fleet or of oil carrying steamers and sailing ships become merged In a gigantic British concern The Union Oil OU company deal will ill be mado made on a cash basis while tho the General Petroleum company will win change hands hand through an nn exchange of ot stock tock In this respect De Dc according to LoWs Louis Sloss has haft taken special precautions to look out for tor the Interests of or the minority stockholders The control of or Union on Oil by the Lyman Stewart family was obtained by a cate Including Do De Sable at approximately approximately approximately a share Recently the stock has been selling soiling around 60 a share Andrew Weir Welt Is at the head of or Andrew AndrewW W 1 Weir Ir lr Co the tho largest ship owners In Inthe Inthe the tho United Kingdom I |