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Show q PROSPECTS \ MUCH l\IUCH l IUCH BETTERIN BETTERIN BETTER BETTERIN IN U . S OIL INDUSTRYMl INDUSTRYMi INDUSTRY I IM1 Ml M1 Mi and Mrs J L Dougan of Salt SaltLake SaltLake SaltLake Lake City Clty visited vislted friends fnends in m Moab Moabover Moabover Moabover over the'weekend the \ week-end week end \'week-end 'week ' - - Mi M1 Mr Dougan , who whoLS whois whois LS is superintendent and secretary of the theUtah theUtah theUtah Utah Southein Southem Southern Oil company , reports reportsthat reportsthat reportsthat that the piospects prospects plO < ; pects foi fOl for a recovery of ofthe ofthe ofthe the oil industly 1l1dUStlY industry from the depresse depressed depressedconditions depressedcondit'ons depressedconditons condIt'ons condItons conditions ' ' existing existmg since smce 1930 are arebnght arebright arebright bnght bright at this time While WhlIe oil 011 is still stillsemg stillselling stillselling semg selling ] at e\tremely e tremely e\.tremely e.tremely .tremely extremely \ . 10 low " prices pnces , a aspmt aspirit aspirit spmt spirit of optimism prevails and the thefeel1l1g thefeeling thefeeling feel1l1g feeling ] is S general that this tills tins coming comingye'u comingyear comingyen ' ye'u yeu year ye'u1111 ' \ ' will \1111 1111 'will 1111itness ; \ witness \\itness itness a revival Several Severalcompanies Severalcompanies companies are commencing commcnC1l1g new oper oper- operi operaUons oper- oper operations operations - - i ations aUons The Utih Ut"lh Utlh Utah " Southern plans plansfurther plansfurther plansfurther further opeiations opelations operations in m the Grind Gr"lnd Grlnd " coun coun- county coun- coun county county - - ty district distnct , , and woik wOlh wank may start dur- dur durmg during dur during - - ing mg tl the tl'e tle ' e year ear , , although no definite deflmte an- an announcement announcement an announcement - nouncement is made at this thb time time.The timeThe . . The company has producing producmg wells In InWyoming inWyoming inWyoming Wyoming and Texas Te\.as Te.as Te .as as \ . and \ Mr 1\11 1 11 " Dougan Douganis IS devotng deOh'lg devoti'ig devotiig de\ de \ Oh'lg Ohlg ' his time to these proocrties pro'Jcrtles proJcrtles proacrties ' |