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Show NEW COMPANY WILL OPERATE NEAR . SALTLAKE Money 1$ Furnished for Drilling 3 WelU in Dia-I Dia-I mond Fork Canyon. '-J Lin .... - Th UuattvMon otl dome In Diamond Fork canyon la baflnntnjc to attract tha attention of leading oilman throughout tha country, according to advices received from Patrol euro Engineer En-gineer D. IT. liustavewoo, who haa pent a great deal of ttma Inventijrat-inc Inventijrat-inc tha structural conditions there for oil. Mr. Gustaveaon report having recently re-cently mad the trip over hla ground with a number of leading buatneaa men of the tttt. and that they, together with out Ride Interest n, are furntehing i the cap. ml for the drilling of three iwHlw wiHiin two mllew uf tig mlHuwa In Diamond Kork canyon, alxty-elx mile eouth of Halt Iaaka. "Keveral year ngo." aaye Mr. Oua tavesun, "larg bodiea of oil aands ware dlroverd In the region of the Otia-taveaan. Otia-taveaan. oil 4um expoaed to the aur-face, aur-face, and oil exude fmm theae aanda at the ewcarpment Thlw 1 l main unllft heiaeen the, 'r1m nin mnA ,h Salt I-ke alley, and It bear every evidence of a very large coming oil field. The dletru-t haa three distinct nil aands In the Dakota aandstone formation, for-mation, Tha first sand la overlaid by a llmeetone capping of from 400 to 100 feet In thickness, the top of which haa been oxpueed to the surface on parte of the land that have been selected for drilling. This limestone capping la overlaid In turn by the Mesa Verda. the Waaatch formation and the Ureen river ehales. One very favorable feature fea-ture of the district Is the fact that the eroeiona of Diamond Fork canyon have played euch an important part that all theae formatlona can be very plainly seen, and o'.l la actually forcing lla way up through the bedding planea of the eolld llmeetone capping. "We are now arranging eontraeta for the drilling of three wells Into the first producing sands, which will be on a minor fold of the main anticlinal structure" struc-ture" The 2600 acres which these parties have rhoeen to develop, Mr. Oustave-son Oustave-son reports, adjoin the property In thet district owned by the I'tah Consolidated Con-solidated OH enmpsny, whoso No. 1 well is located near by. This comtany Is the first to begin active operations in that eecllon. NEW YORK CURB CLOSI. 1. A. Hogle A Co. It South Mstn street, furnish the following quotations, received over their prlvste wlree: IN'DUHTRIAI.H. I Bid. I Aeked. Air Redtn 6 I 2 Aetna Kxp t I Amn Marconi 4 4 Chevrolet 140 150 Curtlae Aero 10 12 Holly com' - 4t Holly pfd II I-eke Torpedo 2 -I Maxim . t-ll B 14 Xub Boat 13 11 I nlted Motor 12 21 I' H Mim.hip 1, 4 Wright Martin .. 4j 4 oii.a. 1 Bamett t-ltl t-ll ' Boston Wyo .-. 20 I 12 1 Co.de , f 7 " Klk Basin I 1 Kederal Oil 2 1 llenrork !l 1 Metro I'ete 1 l-14 t 11-11 Merrltt (III II 21 M W Refining 110 j 111 Mlrtweat Oil 1! 1H Mldweet pfd 1 l-It 1 6-11 Northweet ....j M I ft2 j iiNie rni m nig va Okmulgee . 1 t Sepulpa f 1 I 7 MININO. Big ldge 1 I 1 1-14 I nlted Keetern 4 4 Butte N If ! Celedonls .! 17 II Caned Copper j 2 t 1-lt Con Arliotia IV 1 Con Copier 5 Davie Daly 4 Kmma copper 1 ' 2 (ireen Mon 7-ltl llecla 5 1 Iron Hloieom 7-14! 1-14 Jerome Verde 7-141 Kerr Ijike , 4 I 4 Magma t 'opper 20 20 Mason Valley 1' Motherlode told) 13 J 10 Motherlnds (new) 1 1 Nlpleelng 1 Ohio Copper V ftsy Hercules 1: 4 Stewsrt 11 15 Scratch Grsvel 1-1(1 Success is I is I nlted Verde It Yerlnslon 4 I City Service com 213 25 do preferred II 11 I kW YORK BONO QUOTATIONS. J. A. Hogle A Co. 1 Bouth Msln street, furnish the following quotstions. j received over their prlvste wires: Bid. Asksd. C. o. c. V. ts I 4l 17 O. S I. 4s I M (.4 I'. K. 5s. Nor.. HH... I ftf 1'. K. 5s. Feb., 119. ..t lul; 101 C. K. 5a. Nov . 1921. .. VV A K. Hc. 5a. Aug. 1119.' 19; Rep France ia, 1M1....I 150 !' 10 Paris 4e, Oct.. 12I l Marri1lee 4s, Nov., 11. loo i lot Kueslan Kx. 5s. 121.. 04 . I 40 rtuealan Intl. 5s. 1V2I.. ITS I I'm lont. r.s. Aug, 1K14 ! 14 lom. 5s. April, 1421 .... 7f 119 liotn. 5s, April. 11.11 .... 7 911 lm. :.s. April. 112.... I 7 Argentine Ce. Msy. 1120. 07: 4 ' china 4a, ll I .-, t : rmi. 5s. II7 1 1! 5 French 5s. 111! J 102' 103 C. K. Liberty ls .....! M.M'.. I'. S. I.lherty lt 4s ' .OOi ! I". S. I.thertv 2nd 4e ..., 15.10 I f. S Mnerfv lit jv,i .,! M.en' I I. fi. I.lherly 2nd 4le...l 4.70; If. S. I.ltierty 2rd 4e ..I V4 7e' jf. H. Liberty 4th 4e S4.no; NEW YORK MITAi,. By Assecleted stress. NEW YORK. Nov. 21 Lead and spelter spel-ter I'nt-hsbxed. At lndon- Hoot tin. CtV: spot lead, ri is-, snot Mtelter. 54. |
