Salt Lake Telegram | 1918-08-02 | Page 10 | Business Barometer

S I Business Barometer I Engineering and Mining average for week ended July 81 Sl was cents for m nth of July cents S C CS S R. R t P. P Jackson secretary of the AmenS American Amerlan Amen Ameri S can an Oil company says the work of conS connecting con- con S fleeting its well No 1 in the Greybull i Wyo field with the pipeline is not quite A hh Ug breo li S pie completed but hopes to be able to deliver deliver de- de liver the company's product to the re refinery refinery refinery re- re finery before August 1 Well No 2 is isS S down feet at a point about yards from weir No 1 and it is expected to I bring it in by August u gu guS st 15 15 S J M Sc C C. E. E Loose h has s quit claimed to the theIron theS S Iron King Consolidated Mining company 5 the Atair and the Climax mining claims In Iri the TIntic mining district 1 During the past week th new pumping pumping pump- pump In ing equipment at the Chief Consolidated has been given a a. very thoro thorough gh t try tryout out t. t and according to Superintendent SuperintendentS t S Cecil Fitch the machinery works ephen- ephen C C C Federal Shipbuilding corporation a a. aS S subsidiary of United States Steel corporation corporation corpo- corpo ration rallon will use recently acquired property property property prop prop- erty opposite Newark bay shipyard plant for construction of a drydock to be one of 1 largest in the country C S French government plans to create a aS S banking system designed to favor tavor French FrenchS S exportation by extension of term long S. S credits A A. capital of francs franca Is believed to be sufficient to found agencies in principal countries of the World S S S C S SS S Fifteen leading insurance companies have hive affiliated themselves in an organIzation organization organ organ- known as American Foreign In Insurance Insurance Insurance In- In association and four others have haveS S signified their intention of Joining ObJect Object Object Ob- Ob S- S is to extend business In South America merica S C C CS S Director General Schwab sa says s that when shipyards ards of the country countr are working workIng work- work I Ing at at- capacity they will turn out 1200 steel ships of tons and an equal number of wooden ships of 1500 tons S each t S