Show I I 1 1 s Business Barometer i Fred Dern of the brokerage firm o of Dern c Thomas returned home with his family last night from a seven weeks' weeks visit in southern California Mr Dern said that conditions had greatly Improved throughout California because of the breaking of the drouth It Is estimated that th the sugar Bugar su ar crop of ot Cuba this year will be about tons less than in 1917 a S S SSamuel Samuel Newhouse has been elected president of the Standard Oil Shale company company company com com- pany succeeding W. W O. O Kay John Johi Pin Pin- gre president of the Merchants bank was designated as treasurer The company company com corn pany expects to have its ton plant at Elko Nev in operation by July 1 S o S 5 Producers Producers- and Refiners corporation well wen wellon on its Hudson property In the Lander Wyo Vo field came in with a surprisingly large larg-e production This well a few days ago was reported to have a good showIng showing showing show show- ing of or oil at 1700 feet One telegram stated that the oil broke over the derricks derrick's derricks derrick's der der- I ricks rick's top S S S Bell Telephone company of Canada has declared regular quarterly dividend of ot 2 per cent l payable April 15 to stock of record March 31 S S 0 S Two vo Kinney wells are still sUll close in their race to first reach the Wall Creek sand in the Big of Wyoming Yesterday there was only thirty feet difference difference dif dlf- dif dif- I ference in their depth No 13 standing I at 2930 and No 17 at 2900 feet A month ago No 13 led by several hundred feet teet Both are located on section 4 Big Muddy field The Wall Vall Creek eek sand in this part of the Big Muddy lies at feet o S Two shifts are pounding away in the new shaft of the Iron King Mining company company com corn pany now down a distance of ot feet below the tunnel level which means that the shaft has a vertical depth of over feet This shaft is being sent down at atthe atthe the rate of about feet a month S f I There is said to be rn m more re than wells within a radius of five lve miles of ot the town of ot Wayside In Montgomery l county Kansas Oil wells have been producing in the Wayside pool for over twenty years and the same wells are still pumping pumping pump pump- I ing ever every day S S i Colonel C C. C. C Loose of Provo says that I as rapidly as possible he is getting things in readiness for a campaign of work at atthe atthe atthe the property of the Sioux mines formerly formerly for for- I merly the Sioux Consolidated S S S The Prairie Oil and Gas company is credited with being the l largest producer in the Cushing field Oklahoma having over 1 barrels e per day The Magnolia Stag Mag Ia nolia nolla il Petroleum t I company J n is s said f to be second with about barrels with the Gypsy Oil company in third place at about barels bards III I Th The regular monthly meetings of the Knight companies which should have been held at Provo last week were postponed one month owing to the abI absence absence ab ab- ab- ab sence of ot some of the company's officials I |