MONO OIL.Will Rector. the wol! known oil and mine promoter, left for Merced Sunday morning Mr. Rector «-pecta to be In thU section again In a very short time. Speaking of the oil project at Mono lake ho wild: ' The Merced Iwators havo deeded their In-teri-Bt In the Mono lake oil fields to Tonopah and Ooldfleld capiul headed by Booth and Bond. Money has already boon subscribed In sufficient amounts for exploiting with diamond drill* to bo commenced on or about the Dm of August. The drill will be run down in various places around the lake and It is expected that a largo flow will aoon be located. —Bridgeport Chronlcle-Unlou.