Show Only Two Firms Offer Bids on onUte I Ute Oil Leases I I IOnly Only two oil companies bid on a acre oil and gas lease offering by the Ouray Indian Agency here Wednesday A SPOKESMAN for the i ute Tribal Council hald haid that the prices were so low for the I lands 11 s J in Wasatch WI and Duches s- s ne rte counties that the bills bids might be rejected either by bythe bythe the Indians or a federal agency Monsanto Chemical Co bid a total of on on five of the I 13 tracts and Texaco Inc on the remaining tracts The total bid was or average of an acre for the lands in Town Town- Townships ships 5 and fJ 6 South and Ran 9 89 West Uintah Special MerIdian ACTUAL HIGH bids per acre were Township I 5 South Range 9 West Tract 1 acres Mon santo at an acre for to- to total to tat tal of 1344 Tract 2 acres Monsanto Township 6 South Range 9 West Tract 3 acres Monsanto for Township 6 South Range B 8 West Tract 4 acres Mon Mon- for 1344 Tract 5 acres Monsanto Tract 6 acres Tex Tex- Texaco Texaco aco Inc for Tract 7 acres Texaco for Tract 8 acres Texaco for Tract 9 acres Texaco for Tract 10 acres Texaco for Tract 11 acres Texaco for Tract 12 acres Texaco an acre for Tract 13 acres at for |