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Show CEMENT BONDS (0 ON MARKET Issue Is $150,000 With Security of More Than Million Representative of the Palmer Bond an.l Mortgage company today announ-. announ-. ed 'hf formal offering of 8100,000 In ffran mortgage bonda of the ogden '' Portland Cement company, the first induatrlal financing by a Utah con-retn con-retn (hi year. The bond will bear int. rOal at 7 per cent and will bo old at par. The security whl-h Is behind the bond, all of the asset of the company hue a value of about $1,195,000 or about eight times the amount of the bond lasue. Under records furnished the net earning of the company for the past fUe xoars averaged $112.-312 $112.-312 43 annually. The bond constitute the on! refunded re-funded detu of the rompnny, which supplies about one-fourth ot nil of the ement furnished in Utah and Idaho. officers of the . umpany are: Chap-In Chap-In A. Day, president. W Hi fVmttU, R. B. Porter. W. H. Harris and Charles ft Ilollingsworili of ogden. direr tors; Harold C. Day. vice president presi-dent and general manug.T and J. D. Peters of Brlgham City. The 2ono acres of marl deposits which the company com-pany own nre said to be among Uie finest In the country. oo |