Show Sunday Morning- Salt Lake City Utah- 'PRINCE CON - ROMANCE OF OIL SHALE IS SMfMETWEAK November '2S - ALTA RAILROAD EAST IS STRONG t UTAH COPPER LOWER John C Cutler Jr Investment banker In bis weekly financial review aaye: "While business Is confronted with BT STOXON WALL unusual conditions fairly actlvo winter trade Is expected The high cost of New York Kor 24 —IMij'i moderate trading Orders New Shay Engine ths stock market was weak with losses is nearly all the necessities of life Is oa J Tomost senes were The taw more made bearable In this city by exceptions and 50 Small Cars for the- complete employment of labor at bacco Securities showed strength In the first half of ths session moot of them snoeodlag la Ore Hauling higher wages than ever recelvd and holding their gains United Cigar Stores rooe s 1 final price Tobacco yesterday's in tbe country by the good prices the 2)5 over 114 and American Tobacco lit American farmers are receiving for their prod- Tobacco however reacted showing s loss of Alta mine operators report that they oxpoct to three points ucts deThe some substantial benefit from the Little showed Issues steel small subprincipal get Sho been "Utah has patriotic u cline Belle also were weak showing no more Cottonwood transportation railway the coming scribed more than her allotment for the firmness than they have during tbe week Information the Some copper securities showed fractional gains They say that they have first Liberty loan A larger sum was Utah and fifty email at that another Shay engine should one however Anaconda lost Copper point be on hand at ears have been ordered and the Red Cross fund than asked and Inspiration )4 given More ore by early men went Into the service The total sales on the exchange were 834500 least la time to handle considerable for not sooner There cars will contain second Issue of share than were called The United States Steel's portion was sDOUt spring If tons In each six Owing to sharp tarns exloan bonds was oversubscribed 4000 Liberty e road these small ears areover An Increase la surplus reserves of 841233X0-- s the and now the state has oversubscribed without toppling in net demand of $373X4000 pected to take the curve her quota of the Soldiers Welfare fund anddecrease cars had s tendency to ocn decrease In loans deposits of $1X1833000 were The big thirty-to- n "The distribution of nearly $6000000 acts sad poor In today’s actual bank statement playful some result In shown There casionally take ores by the different sugar companies down the mountain aide wa an their Increase precious lain reserves of for and surplus Utsh and Idaho for beets from Tho rood I now pretty well completed in net demand deposits of bor helps to keep all lines of trade 5111115000a decrease as the Columbns-Rexaas far the Wamteh canyon np an and In increase loans of j active But some bad features have A week or so more would bring in tho average statement dumps been the lack of labor the short hot Tho bond line to the South Heels Wasatch nmines and tho was somemarket and quiet today summer the long dry fall and the what firmer Continued good news from the near to tho Emms and others With live efIs said that this road should frost which with the poor labor situa- western front caused slight Improvement in the ficient manager it business’’ In ore hauling np da s 'Tend office tion and shortness of cars caused more conissues loan bonds showed Liberty In siderable change Liberty Stfci went below than a $2000000 loss of potatoesUtah freights and passenger service next summer s southern Idaho and northern with s high of $906 and a low 4s traveled the same path However the open fall permitted late of MK price Liberty crop gathering and the beets are out reaching a high of 07M and a low of 1742 of the ground although the tonnage NEW YORK STOCK LIST acre Is lower in some places per"The has of department Sale nigh LowClo beet far- Americas et to the agriculture Issued an sugar appeal 734 Sugar mers to 'keep up the sugar crop Can 13500 Mifc Pi Utol TO NEW PRICE RECORD "On July 7 1917 a stockholders' American American Car St Foundry 5 )0 4M Co of the Amalgamated Sugar meeting American Locomotive 14C0 554 544k 54 was held at which time the capital Amer Smelt A Refining 73 2800 78Vti 75 stock of the company was changed to American 2001 9 94 M Sugar Amwlcaa Tel A Refining $25009000 and It was voted to change TeL 400 103a 10S ilO BY JOSEPIX F PRITCHARD $100 American Klne Lead A 8 the par value of the shares fromstockI 14 International News Service By Anaconda the to $10 per share Recently 8100 59 Vi! MV o3a Cbpper Nov 24— A new high price was old Atchison Chicago 70G US1 holders were asked to send In their 86 Shorts bid tabllsbed for December corn today All Gulf A W 1 S 8 U 2000 100 99 99 Certificates to the company and ten It up to $125 and lt closed at $124 to $124 a A Ohio 300 52)4 5 2 I 52 would be issued to Baltimore shares of new stock Thera is Butte A showing small gains for the day 300 17S 17 Copper them for each one old share they 174 and open interest in December corn held CaliforniaSuperior 1 300 IS Petroleum owned This Is being done and Canadian 1S! the fact that there are no contract stocks unPacino 5500 17)4 1!13C a big part of the old stock has been Central Leather of out the hero with which to help aborts LOCO 57 64 65 turned In The new stock is approxi- Chesapeake A Ohio enviable position has placed these traders on 400 4F4 47 47 $21 $0 share at per While tbe December future tbe anxious bench mately Mil A St Paul quoted Chicago 38 1000 37 37 "The holidays are coming and the Chicago A Northwestern closed with advances today the more deferred 95 months were (£lc lower and tbs cash article B L 1 A P ctfs people of this Intermountain region can 700 ii 18 the Chino of tbe new crop was off as much as 15 cents be thankful to Providence for en300 42 Clapper 41 42 for ths day measure of health and prosperity Colorado Fuel A Iron 400 35)4 35 35 The feature of tho oats market and ths Corn Products Refining 7900 3®S 29 39 joyed was factor la tho deferred futuresdecline local In Crucible of the weakening Steel 55 55 5900 prices 58)4 "Improvement caused a Cuba GUne Sugar by longs which Is negligible" 2200 SO Vi 28 securities 29 of cent The nearby months were up a fracDistiller's Securities c 14U0 34S 3 Large tion as they were in smaller offerings Krle "3 14 14 3000) 14 cash interests bought the futures and lt was General EL Electric 119C4135 129 129 ft believed that this buying was against sales at General Motors 3000 93 92 92 ex a ye Chicago and the seaboard Great Northern 400 92 91 91 $4640377 sylvania Discovery rally kntmn knt It Is a fset oil was retorted from shale by the Ut prior to the d'wwry of ell tn Pi yleania In 1S39 This - acknowledged © a bulletin IwihNl last by the department of in wlUh the follow In the Interior No IU-w dcorered In tppears: “Before ail from distilled Mormons the Pennsylvania li near Jnah Utah wliere the rains ef an old still ran jet b seen” The new Crann prtieos oftoextraction has an taterestlns romance it attached This same bulletin estimates that Cth ? 1 not rm to-ploor- ers 1- F j - J J St ! J 1 easily la gasolla tain about Then It Is expected to extracted residue The lubricants and waxes extract die la mIiI to show food brick qualities and to be excellent read material It look like another a of rbe ('liicam packer who saves avery-thio- g In tho ho hut hla squeal— sad the modern phonograph gets that ts il a romance connected with the There qcltc which the new Company has scCrane process ented It seems that A Cl Crane was drawn Into one af those unfortunate insurance schemes And finally when the tut wer captured lt landed him In the Nevada state penitentiary later he There he thought out his Invention smuggled eut a letter and lt reached the bnrean of mines These heads have been feverishly looking for n simple process of extracting the oil ami the vast dormant beds la the gasolines from th west which contained billions In wealth Tli continual shortage of the oil and gasoline and had put the now extraordinary Itwar Sodemands at once on reI'ncle Mam np against probably ceipt of this latter David T Dayworld was the dean of oil ana!a men of tbaCrane claims sent to Nevada to look into the af a simple procasa of oil extraction The result was that Crane was a first gotten out on thorough investigafinally after parole and tion of bis ease he was pardoned ontrtrht and to the hlv ettlenh!p restored grateful man Mtionld the process prove all the claims of the Inventor It Is said that fnele Sam will bo thrice glad of bis p re nipt and decisive action previously goud-alae- wo Kaysvllie of American Fork Bank Bank of Heber City Bank of Southern Utah St Con Wagon CO VI Machine SpeclaM g Glen Rock Petroleum Company ray fountain Bank Trust Boy sad Sell on Goaunlaioa Clocks Bonds Groin Cottsa jfcacal Mining and adailiiil Stocks 24 200! 17 300 71 20U 7 200 104 300 57)4 900 47 900 227i 81001 71 24700 79 26 23 66 17 71 27 1C5 87 24 15 47 46 22 71 7S 19 53 24 I 40 143 CORN— 11$ May 121 11$ 121 69 6$ 70 59 4655 14650 4650 122 120 121 January 119 OATS— December May PORK— I January j 69 69 LAR- D- November I 12477 January 71 70 I I -- 2787 2457 12477 (2450 RIBS— 2483 2465 January May Gash quotations: 2 Corn— No yellow nominal nominal: No 4 yellow 8185 Oats— NOb 8 white 73c Rye— No 7273c 2 No 8 yellow standard 72® In the Salt Creek Fields the Company Controls $179 Barlef—$1108140 $500$70 Timothy— — 09 $lt Clover $2000 Pork—Nominal Lard—$274203747 Ribs— $2760 480 Acres ' WELL NO in Salt Creek is financed standard rig on ground and now drilling $25000000 oil corporation has standard rig on adjoining 160 acres ready to spud in 55 BIGS adjoining and surrounding territory getting ready to drill or are drilling and some of them approaching the sands GEOLOGISTS and oil men say it's an excellent location and conditions are right for Oil 1826 ACRES of valuable oil leases controlled by the Wyoming Range Oil Co in Wyoming and Texas Oil Fields SUBSTANTIAL TERRITORY We predict Company under present financing plans will have $75000 cash treasuxy fund within ninety days MANAGEMENT Composed of reliable Denver business men MARKET Broad and active market will be established for the stock and will likely be listed on the New York Curb a OIL PRODUCTION If the first well now drilling in Salt Creek is a Commercial Well and we believe it will be—: St City Bank late Panguitch 13 County Fillmore tate Bank of Bichmondi 8 S qu irtah-Idah- o Sugar Co St Trust A Utah Corporation Composed of Utah Men Our Holdings Are in Utah Co Trust 1 We Are Drilling Every Day Co BONDS 99 Alta Club & rower Con By 96 (City) 1921 Salt Lake City refunding 100 1921 Railroad Valley Sumpter 8 64 96 a a Utah Light St Power Co SO 1930 Utah Light St Tower Co 94 1930 Utah Light Railway 94 Co 1934 1011 Hotel Utah Co 1921 Utah State 1934 Capitol 100 Building State 193o ttah Capitol 1011 Building United States Liberty 99 Loan 194i United States Second 95 Liberty Loan 17 In each Instance Add accured interest to quotations on bonds lrl 1- -3 3c SILVER SlLDllPS Wyoming Range Oil Our Equipment Is Modern Other Rigs on Way to Our Field Will go to 50c or higher per share on this important velopment alone WE OFFER A SHALL BLOCK OF STOCK TO TIIE PUBLIC Wire reservations and let remittance follow We will carry you on margins or installment payments on this issue or will allow 5 per cent discount where cash in full accompanies subscription I have carefully investigated every' detail in connection with this Company and unhesitatingly recommend it as the best low priced speculation we know of in the Wyoming oil issues Dr E D Woodruff President Thomas J Steed Vice President James H Moyle Treasurer Frank S Murpliv Director S W Morrison Director Prospectuses and other interesting information mailed on request They assure you a square deal at all times Address communications and make remittances payable to m COME AND SEE US C S GODDARD a TOTALS Silver Shield's new working shaft baa atShares sold 25500 selling value tained of a little more than 2M feet Week's totals shares sold and thea depth $714050 bottom Is still heavily mineralised value 244535 selling $4049577 was n report given ou yesterday by Manager II $ Joseph He says that quarts baa been AN KK CISCO QUOTATIONS SAX cut In the shaft and the outlook Is encouraging Installed and tbs work The following quotation were received yes-- t A large hoist has been somewhat -can now be speededononpof nlay over the Badger Broe private wire: tho upper tunnels baa A leasehold la Bid t Ak I Mid a carload of ore It sampled 38 Aak hist shipped cent lead 189 nonce silver 17 per cent rapper end $329 In gold to the ton ( 30 per for-mere- ly (5 the purchase now securities by conserva- We recommend J 206 Atlas Block Salt Lake City I Suite 512 McIntyre Building Salt Lake City Utah Phone Wasatch 2254 SPECIALIZE IN THE WESTERN OIL STOCKS Telephone Wasatch 8462 205 Atlas Block ft© ft© ss Old Capitol Petroleum Company C S GODDARD yielding from of high-clative Investors de- ACT QUICKLY— DO NOT DELAY OUR DIRECTORS YOU KNOW WELL FROM SURFACE LEASE 940-04- Slalag Rxchai i Stati alt Lake Security Co — Phones 7 Ifftin Private Wins to All Uirktta and e 27 9414 43 96 inn J of O O 600-10- Can bo secured on Investments too eg o 1000 27 Tel Co ational Bank Republic BROTHERS' Strt Callahan County is well located for the development of commercial wells On the north Texas line the Oklahoma fields are gradually extended south and are now proven in many counties The development can be followed south in the Electra field a producer for many years also other important oil fields in the northern part of Coleman County where the Magnolia Company of Texas has developed a good well “Your Callahan County lands are surrounded by these fields and I have carefully noted locations on your property where the topographic and geological conditions of structure show it is possible to develop good oil and gas wells on your lands 'It will be noted that Callahan County is well within the oil and gas zone and your lands present many fine structural features Oil wells in these areas are found at depths varying from 1500 to 2000 feet The oil developed is of a high gravity carrying good percentage of kerosene and gasoline with a paraffine base It is the development of this character of oil that affords the greatest profit for the producer and a ready market is always afforded without delay for this product through the southwest “The big oil fields of Cushing and others in Oklahoma and in north Texas as well produce an enormous quantity of high gravity oil in this same formation" The market for hog products showed declines all around today but tbe loanee were only There were heavy realising sales in 5ffl2)5c ’"ioo 44 Vi lard which waa credited Vo western pecker 18700 $5)4 95 Hog receipts were in excess of expectations 400 27Vi 26 27 and prices at the yards were lower The trade 7G0 23) 23 23)4 in cash meats and lard was fairly active aud 200 ITS 17)4 17 largely on export account 17(4 33 33 33 '116 Leading futures ranged aa follows: ‘i’ooo 24?i 23 Open High Low jCloss 500 79 7 2900 25 lOTO: 84 Southern Pacific Southern Railway 12®0j 25 Mtudehaker Corporation 39 45C0j 40 Texas Co 500l4 143 Union Pacific 8600 115115115 I S Industrial Alcohol 112 United States Steel 74300 97 96 I 96 United States Steel pfd 108 109 7001 79 Utah Copper 78 75 200 21 21 Wabash pfd ‘B' 21 300 93 Western Union 83 83 14001 39 3S 19 Westlngbouao Electric Total shares for the day 350000 shares eeeee Domino-Wyomin- Rxrhaage BI4g Naif Lake City a ! hivh-srad- e 4b Pennxylvanla Pittsburgh Coal Ray Consolidated Copper Leading Rep Iron A Steel Shatfuck Arlaonn Copper Continental National Bank Deseret National Bank Ieseret Savings Bank Davis County Bank Farmington & Farmers ers Bank Stockgrow First National Bank Ogden National Bank First MlirrBV eeeee Bank First National Brigham Heber J Grant & Co om Fire Insurance Co Ca iland Crystal Salt Co preferred Life Initermountaln surance Co Kamas State Bank Trust St Savings Knight Bank Provo Co Layton Sugar "IcCornlck St Co Bai Idaho-Wyotntn- 106 o a Ncv 24— The past week Kemmarer Wyo Iiaa seen activities of largo oil interests in the Ivy I’lny and other districts W M Wallace of Malt IaUe one of the official of the I'tah Oil Refining company has filed on 30M acre Georg Wins field of Nevada has secured large Oklahoma are holdings aul oil magnate from now on the ground looking over the fields and geologists ami oil experts from over tho Union are coming to tho fields Reservations made days In advance at the th many hotels and rooming bouses cannot Office space 1 difficult to eases ba filled are be procured and new building operation Automobiles new la tho course of completion to get to the oil fields are difficult to procure for any price g At a depth of only 244 feet the oil and struck company recently been another well has spudded In near the first welL The Green River letnlm company directors authorised Its manner trank Tigner hi Immediately place an order for a standard ltiver comrig It la reported that the atGreen about the same pany feas struck the saads depth as the Cretaceous company eastern part Inquiries from Camper and the of the state art received every mall and are several representatives of Ienver Interests holdnow on the ground with n view to secure oa the Lackey Dome in the Big ings situated 11 A De laot secretary and Piney field g company now of the treasurer the Powder River district end In operating Innorth of Casper In waich Harry B the fields Cole stock broker ef Salt Lake is beasily Interested Is now in Kemmerer Lincoln Security company with local people Is now being as Its officers and directors In order to take rare of tho stocks organised of the new oil corporations as well as to handle of local people Tho company has the f Inane building where taken office la the Ktnporinm have also made coiuranv the to open headquarters arrangement The Lackey Oil company is arranging for It has what Is considIncreasing activities moat SALES valuable holdings la ered some of the Con American which fields and have Plaev Copper 1000 at 10c Dry Piney the Big 1000 at lc Bullion keen pronounced among the best by geologists One or the great advantages that oil men Cold 3000 at 12c Bannack la the Dry Piney and La Barge fields Columbus-Ilexa- ll 300 at 1107) 1000 Iterating ta the proxlmtty of large tracts ef timber at 81973 seller 60 days 700 at $110 which will be available for the purpose ef Con 1000 at lc Demijohn arrangements are erectingwavderricks to Already 2000 200 at 17c at10017ic Howell the erection of a new saw locking under 600 53c at Blossom at 54c Iron i It will stared be finaared by milt which Leht Tlntlc 1000 at 7c Water is also found in Salt' Lake capital Leonora 3000 at lc abundance and food supplies rsn be obtained alKemmerer New Quincy 1000 at 63c In adeqnxte quantities frem consumed la 78c: 200 at 79c Prince Con100 100 at though most ef the food Inproducts Utah 10O at 80c at 79c seller 60 days XJacoln county originate Emma Con 400 at 50c 100 at Bio Sells 500 at 123c Silver Kin?a Coalition 100 at $260 South Heel 100 at $1 South llecla Extension 2000 at 1000 at SAC Tar Baby 1000 at 5c over 800 acres of the takenU'siAmlniv Tlntlc Standard 20025 at $140: 300 at w Awtwaww' All at 8150 25 at $145 700 at 81473: 25 at SI50: 25 at $150 $150: West Toledo 100 at 10c an til 6JllUr a J va Zuma 500 at 20c vniw e BADGER pfd Great Northern Ore ctfs Illinois Central Inspiration Copper lot Mer Marino pfd International Nickel International Paper Kansas City Southern Kennecott Copper Louisville A Nashville Maxwell Motors Mexican Petroleum Miami Copper Missouri Pacific Montana Power Nevada Copper ! New York Central N T N II A Hartford Norfolk A Western Northern rarific Pacific Mall Pacific Tel A TeL 3" Amalgamated Sugar Co (new stock) Life Ins Co Beneficial Barnes Banking Co e Room O d I e— a IIul) I CODE II J Stork The Wyoming Range Oil Company has also taken over 1026 acres Fart of this ground adjoins the holdings of the PEARCE FORDYCE OIL ASSOCIATION (the Standard Oil Company of Texas) Other western operators are entering this field The properties have been carefully examined and approved by our geologist Tho leases have been obtained under the most favorable conditions We quote herewith from Geologists' report on these holdings: of valuable leases in Callahan county Texas I M3 — t 1 er the present price of 15 cents per share you must is place your order at the best investPi'mlno once ment with the above development contracted for there Is in the market today Telephone write or wire your orders to Texas Oil Leases I C3 New Idahn-Wyomln- IMPORTANT ANNOUNCEMENT B-- STOCKS FIELD TO FORE n Because it is the Best Speculation Today y demerIBdup 3 DRY PINEYOIL 2 per share 00 profit-takin- g The Crane Item nee fllemTd-Republica- At 30 CENTS 1 narrow-gaug- yes-t'ttla- C©mpamy STOCK 1 la Western Wyoming’s Fields Are Making Kem-mer- ©51 Prod-net- son-so- Business on tho local mining 'rhange the week ending yesterday 948 taled 344825 shares Yalued at 403T7 This la compared with 409449 shares the previous week valued at rir 37470195 or a decrease of $28000 It is J40 000 than th WMlc before that It WQS a qut week a around j jn direct contrast to a strengthening market In the eat of the week partlocal During a-thefewlatter j however of the Issues made some substantial producing advances which made the Among the stocks was Prince Con which n Ih lliilwAi Tdvflnrdil rains f fnm a paran 9 Iaw nf C d Pcntfl barrels of pasolloe may be extracted by ordinary la addition to the oil 1® a high of 80 cents in nrtlMvU of refialair there la roultiinl in these vast stretches aul-ofsiiai lands n oa) yo ton of ammonium a fer- - only Tlntlc Standard in the DLwi" vanced from a low of $1171 to $150 a compound especially valuable as Columbus-R- e held The bnl’rtin says that In yesterday sail tlliaer It Is declared the Investigation f the beds In dab and pretty well all the week near $110 or I’olerado tunt a maximum of j at price to the ton was taken fnw a thin bed of shale about waa yesterday's an Indifferent lt Here jther tah located near Watson l where week with many of the issues trading th own was considered do their holding tl rr!Tr“r7ndiirVfiin7BnUat ‘"K pretty well Conspicuous advances pSTT£ rl s- - sprlnV by l:i j were noted in the eastern markets trocess When VT C Ralston and Alex M Boyle irn- - where the leaders all strengthened up The forecasts for the azinir directors of tii company were In Fait to new liighs that the Ctab plant coming week are that with fairly en-t- o lak last week will they said b small but they expect- cou raging word from the war fronts begin with to Increase it to ? tons of shales dally Mwill be recorded still greater advances of a rcrortlu plant will put conditions are considered luwinga th erection a extract od oil he to "crack’ conic on the Italian upperdecidedly refinery vstliiahl front This low- critical their aomcrou Haig-Byn- g fronts are looked the liest steam iroees will require bnt two hours while for further brilliant victories These will be called "sweat to Sales t tho charge la rropose1 yesterdav totaled 25300 shares an are very simple lt plants to have tiienr mannf aetnred on a large scale valued at $71405) for the week 344825 The ofand sold or leased to the small operatur In the shares valued at $4840377 were sales ficial and ell shale business closing quotations It Is est limited that average Utah shales con- reported as follows: 14 and ether It tbit 2& nn - Utali Pioneers Retorted Oil Week’s Total Sales 344835 Shares Valued at From Shale Before Penn- i91t We Recommend the Immediate Purchase of POSSBRUIES MAKES ADVANCE CRANE PROCESS i Tho - A CHoglo & ©o Salt Lake City Utah KJOYDGE ' Dear Sir: I hereby subscribe for shares of the Wyoming Bangs and ©onffactors ?g ©arponfors at the office of Jordan River I inclose s stock at 7c per share same being (part) (full) payment and on installment the if bought plan I will pay balance in four equal monthly payments Name If you pay cadi with order you Address eeeeeaooei may deduct 5 per Town and state cent Oil & Gas Company Bids will be received 506 Walker Bank Bldg City for the work of constructing' an 84-- ft Standard Oil well derrick at Woods Cross Utah immediately Specifications may be seen at the office of the company Material already on the ground Bids will be opened Wednesday Nov 28 at 2 p m The company reserves the right to reject all bids C 4 |