Show LONE STAR SOON TO BRING IN WEll NO 7 Telegraphic Report Is Received Received Received Re Re- by Salt Lake Brokerage Company George F. F Barton of the Barton Brokerage Brokerage Broker Broker- age company yesterday received a telegram telegram tele tele- I gram from the headquarters of or the Lone LoneStar LoneStar i Star Oil on company in Denver stating that I reports from the field superintendent In Inthe tho the Humble field In Texas contained the I. I information that the company's well No 7 was expected to come In a producer au any day It is stated staled by Mr l Barton that the I Lone Lione Star Oil company which was formed entirely I men with the United States bank of Denver as depository now has six producing wells which are netting the company about a year or approximately approximately approxImately 15 per cent on ont the entire capitalization capitalization capitali capitali- and many times 15 per cent on the total number of shares outstanding 1 The Lone Star it is stated slated already has distributed checks for its first dividend and that the second dividend of 4 per cent will be paid stockholders of record February February February Feb Feb- j jwill 28 23 These two dividends represent represent represent sent a total cash disbursement of 6 percent per Iler percent cent within ninety days and it is declared de declared declared de- de by officials of the company that I could bo be maintained even if the company never brought In another well It lt is stated however that well No 7 I will be followed by more wells until the Lone Star has completed wells on its Humble field holdings with the tine expected daily dally production of 2500 barrels The Humble field now is producing I barrels of oil monthly and it is declared declared declared de de- that this field has made more I I millionaires than any other field in Texas I Development of the field began about eleven years ago and wells drilled at the I beginning are still producing r |