| Show I SOUTHERN UTAH IS ISTO TO HAVE OIL BOOM l Coalition Oil Company to trL Things In k Wayne Wyn c ty MANY DOING TO OIL FIELDS I Me re I k IGIe En 10 With the formation of tile the Oil filed it ar arol ot ol with t the county Munt elerk ye a w waa made tn to Ward developing lopIne tile ue on 14 In that coned 1 nt TIle The Is II ta It 1 divided Into lato latoof rl of s par value of n 1 each ak Of the number of shares hiVe bave lisen lit in tM the The be aile are 1 ven OmIt t 1 I C U II tame lAne vice C CC C Dunning lI secretary ta and 41 Tb with OUt On K 11 Ine an O 0 T Bean form torm tile the board of dl 41 recto The of th the COmpany are the II I of GrUtt Dunning A lADe o of d whose ml mines In that Country countr are te Imon among th the best properties there Por months they Ibey have been heen working o of the and ond lands 14 In the end o of Wayne oyne county bout about t or of th Ih nearest point on th the Green Oreen river nd lid 0 mIle south tb of the town or of Green Orn River 1 company has haa the right to venti everal of at acres or of mini aad 54 will wUl be ba ordered at onos for tor the sinking of lie MANY LAND e the Ibe of the people In the oil mores rw o of peno persons hive have been bu busy In the rioJa vicinIty It ground Charles Charle A Peel a It t lAk and i petty have han hanIn been In the heIdi for tor MY several Weeks lookIng over the situation Don C Bobbins who WUI wa one On of th the At at t the field 14 hat hi Io some good ground around there It I Mid Both lit fet Peet and r Robben hews Itol devoted their entire fire to the dl about b bUt t ha hew also 1110 gi over to Millers canyon and up Into lato the JI ont vaU valley The enU entire country I being tor fol oil as It never nver w was before TIt Tb oU oil bearing sends 4 that haft bmw been ire south th of Ui and frea tINt there south U there ure Is a said to 14 Indication of 0 oU oil In large III Many J people h have lately been In the eId Id and It I ii said that Mr Ir t has bu IW a number of N w York capitalIsts to take lake a hand It 11 lies Itu been the of oil experts p tM the basin bulD w was at one time on of tIN the greatest oil In the tee If not tb the worM When lbs be f of this peat o all w was broken by volcanic aJon amI other It 1111 we decided that the h hoil oil had made it wa way to lower t tI s For years oil men have bave been n figuring where the oil could be tapped within striking rik distance of 0 the OThER R TIt The success uce attained In exploiting the Vi Virgin River JUver neld and 1 the rapid I ft with whIch that wis waa taken up led 14 oIl men en to branch Oil ut in other directions to flod oil 00 territory Re ReaU aU the tha attention of Ut thees hIve have been turned to Valley Vey lit hi b Wayne county The Tho valley valle I form Corm formed ed by the lien an Rafael swell well which I heads If and 41 shoots off of In inthe the direction of it the Henry tal lain upon the one n aide e an an Iron Ironbound ironbound bound reef which the Col Colorado undo orado river upon the other The formation here her I several hun huu huud hundred d dred t feet thun the Beam Buln Beamand and urine a basin with sands de of th the which oil Within ht mile mil ot of lbs Colorado the oil sand anda come 12 t lit the and It a I here that Ui oil ape have bave been eyed that have yet been discovered In the who have been bee on the ground are an all of the opinion here will wUl be developed the tho great ant oil In tile the country are re Int Into the be hId During lb the lest month t there have been tully fully ac acres of land located I it a bl big company of 4 Nw York men who have Jut just cow com 4 boating a fa large number of claim california mini a ire ROW now on the ald up ull territory and UtI an from Des Dee 1101 IL I is JI lend en which wille to op 1 Oho lIS NSW Ue Ris In or of lire life were shown ho 11 on OD tM the mining this thle end d tb there was a greater num sake u of than for lor several ral dull duys The Th 01 or of buln busIness 11 was higher Un than UnIt It hi ten been any time th this week ud and there 11 warn II an added strength to the tha thamar mar marm m Amalgamated which baa been strong tron for tor several II In opa of a deal going 01 tro through for tor forthe the iSle of the entire took stock w wag lower this thle Colorado w was siso lower I run w was 1111 Ohio Copper opper which has haa bM been on one of the star performers In the upward move moe Went wat hIgher tIde thle morning moraln and reached an a level 1 Tb n east era ern market hu baa Interest at In this end that with th good porta that have ben been md made relative to the future o of this tha great eat property h ha had a t put the took stock up One block of 00 shares h sold for SO 10 on the to re CUi lular board md It h haru went nt over th the ran rail on the open board at t the same me price During the tI part of f the year this stock w was selling in ID th the neighborhood of C 4 COn On COunt ot of the Ille Mouth Columbus Columbua continuing In good ore which will a aft is loon ft nC spring prin up ap It I is Said ald wipe out aut the present Indebtedness and nd fly flythe the company corns orne dIvidends dividend 11 was sold old to some Mm extent this morning On thi Ih regular Ir hoard board the stock 11 was quoted Mt t III 51 cen cent and d at t the th do close 1 1400 shares h of stock hn hand CL t that prica Sioux Consolidated to the mark today aDd ind 1 abacus cia hands banda it at thAt pile There tO 10 tObe be an n effort on the part or of sonie of tM the heavy stockholders en to their holding It is Ie said eald thAt mAnY or of ortho tho those heavIly ha have been sell selling U tn ing for or some time T The total volume ot of business flits mornIng mounted amounted to 1111 rep 15 SLiM of f stock On the curb market Best Gold Kin iCIng sold for tor 1 cents cent and Old Amer Amerlean lean letan w was disposed ot of It at 1 ii cinta Bing Bingham ham Central received ed I bid bido o of IJ 4 cents slid he was waa offered at t 00 cents centa FORENOON I OK LIsted ted Stoe stocks Jid I Addle 04 AJax II 13 17 11 Albion IS Alice Allee III Heck Beck Con 71 14 Big Jim HilL 0 AIM 1 1 19 flinch Black Jack Con If IS lionnie Biter tt Brooklyn COlI H Bullock 7 00 Comp BIni M 4 97 17 Century 7 10 Colorado Mining 1 Columbus Coil ITi Crown 12 2 Cent Xam I IDaly 04 Daly J Judge c Dragon Dra n rr Eat East De IT 11 10 I Ir R T r Con 1 m I IOlet Guiana Olet 4 Gold CIrcle crown S IS Daisy tI 40 1 Grand Orand Central I I Ibex 11 Indian Q Queen IS Ingot It 00 jul IS 55 Iron I IIron Iron hit Hat 00 0 Iron King ICing J Joe De no flowers OS i Keystone IT I II 31 i KIng David 50 Klag K To Te Lead KIlt 11 05 uttie Bell I Little lUIe Chief 45 41 Lower 18 15 Lion I rM 1 t Iason Volley 1411 ta k S Mountain Lake S 9 Wilier Miller lUll K IS 11 Nevada If 4 1 1 I 19 4 ew York aI 81 51 North Clift OI 01 1 1 7 Mineral FIt Fiat 11 11 Prince 1 1 Lab JAk 54 14 05 Richmond Anaconda W Wl l IL 11 II 21 Sacramento 55 11 50 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Co 1 I 1 t luth Columbus Con J I 4 Buth south Iron Bm Blossom r I 01 1 07 Pc Pac O 0 c Oot IS 1 11 Co Con 11 14 ld ext 0 I 04 Dog r 07 Tex 1 II 25 lt 24 15 11 Tintic CombinatIon 00 8 07 OliVer II 11 55 Tintic Cro Crown V U 1 Pin 34 J I E Co im am Cot Con 74 I 7 75 I tah Con I lit li 47 1 13 1 Addle 1000 it at 4 1 iso at t a 3 Black Ja Jack I at I ST Colorado 18 ill at t 7 at t 11 t 44 buyer e 60 Columbus Con 10 it at 11 44 at t ln 14 Crown Point at 12 1 1100 1500 at U 23 buyer tr GO 60 Bat East Dv I UI at 17 1714 w seller 8 50 lC at 1 17 Indian Queen 4 itt at 7 1 00 it at Hi Hilf 7 lf Iron 1 7 a at 1 I at II softer I IS US at ID Ken Keystone at Lt 16 Ll LIhi aUe 1 at S SlatOn L latOn Hi 1 10 at t IS Lower Lowr Mammoth 15 at t 1 9 Mn Mason VII Valley IN III at J at t Oho Ohio Co 10 at t 0 1 ISO at t 10 a it 11 18 ii at 0 M 50 at 1 21 I at 1 21 Ml seller f 50 Ix C Con WI at t 1 Columbus 1 it al IJ t at 1 56 at 1 50 asSist r IS Iron Blossom 1 1005 at 7 1 10 1050 it at 7 buyer ber SO Tintie C Central t 1 at t 1 15 buyer 50 10 1000 at t 1 5 asia a at H 74 WOI OX Til IC IC 1111 Drifting wi will begin n e en the 11 1150 foot ot level Inel or of the Mining company properly In next Dext week according w to Manager J 1 1 1 A Al Already rt ready tl the wo work 0 on th the at shaft and t the wi hu hia 1 a th u of le It Itt A ln soon as ti tim 11 1150 levi level I Is Ich reached tN the drifting wil will bl and andIn nd In an elfort md made to c h th the streak tr of rih rich ort ore encountered In a wins win Ime some tIme ago a Although tile this stringer of o ore was scarcely caly wide t o h pel Anger an 1 ay assay Iwa showed UI In gold Tl This Is not looked as in an o of thu on O 1 be being Up I ing found at al depth but bul I blvd believed t to show ho that a by body of rich o oe I is co to the |
