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Show SHALE DISTILLATION PLANT SITE PICKED I SALT LAKE, Jan. 21. Preliminary i 1 work preparatory to starting an actlvo ; campaign of development on tho hold 'mgs of the Standard Oil Shale company com-pany noar Elko is under way, accord-Ing accord-Ing to an announcement made yesterday yester-day by President W. O. Kay. Tho sit selectod for tho distillation plant 1) being cloanod of! and tho overburden is being romovod from a largo area of , shale. Mr. Kay alao annouaced that th' ' campaign for financing tho company was moving along In a highly satis- I factory manner and predicted that everything would bo in readiness for the Installation of tho plant by early spring. aft Dally tests of tho Bhalbs from tho Standard holdlngB are being conducted at the University of Utah with results in every wny satiafactory to the" management man-agement Reports indicate that the 1 tests aro yloldlng an average of better i than sixty gallons of crudo oil to ftM ton of shale. MM 1 |