Salt Lake Tribune | 1905-08-24 | Page 8 | Hierarchy is Vulnerable

HIERARCHY IS VULNERABLE. Independent Salt Company Bonds Have Been at a Premium. OGDEN, Aug. 23. An Interesting matter In connection with tho retirement of tho JSO.MO bends of the Great Wostcrn Salt nnd Soda company, ns related In Tho Trlbuno of Tuesday, Tues-day, waa tho fact that when the company began be-gan Its tight on tho hlerarch In January,- l-'JI. It had to sell Its bonds at $0 conts. When, Inside In-side of twenty montha. It wns ready and anxious anx-ious to retire them, It was forced to do so at the rato ot 1.05. ThCHO figures and th3 Incldont Indicate that oven the lilcrach la vulnerable.