| Show rate cate started drilling its well number one on november 22 and the officers of the company feel assured that this well is situated practically over the center of the northwest extension structure and that the element of f chance has practically been eliminated by the testing of the various formations by other wells around them at the present time the large refineries are offering bonuses on the present price of oil and better times time can be looked for in the oil industry with an advance in price of crude anade oil the full production of the first well of the interstate petroleum syndicate is already contracted for and a large boom in the northwest extension is looked for within the next few days |