Gold Shares
There has been a fairly strong recovery in gol shares on the first signs in America that some Cor gressmen are dissatisfied with the price of gold. is true that so far they have suggested raising on] the domestic price of gold, but the growin anxiety over the hardness of the dollar will prof ably keep American investors' interest in Sout African gold shares very active. Of the developin OFS mines 1 have favoured WESTERN HOLDINGS 120s. 6d., but the Americans may gotor AmEnicAt SOUTH AFRICAN INVESTMENT TRUST. This compan was formed not,long ago by Dillon Read, wh acquired its holdings at below market prices. i3 exempt from both US and South African to and it tends to reinvest most of its dividends. Th shares issued at $28 are now $271 N.Y. and at ideal for surtax payers.
t
I it if
Previous page
