A GOLD TausT.
The rise in the price of gold and the idea that it may rise higher has occasioned a good, deal of speculative buying of Gold Mining shares. Just, however, as the cautious investor is often indisposed to place much capital in one particular industrial company, no matter how high the dividends, so in the case of Gold Mining shares there is the same indisposition to embark on a speculative holding. It is, doubtless, in recog- nition of that fact that the Gold Producers Fixed Trust, Ltd., was formed some time since, and the project consists of the formation of a Trust holding the shares of some 15 leading Mining companies which are divided up into what are known as units and sub-units so that the investor can purchase one of these sub-units at a price giving a fairly high yield, while the question of risk is somewhat curtailed by the yield being based on the average of dividends over a number of companies. The scheme cannot be fully explained within the compass of a short paragraph, but a brochure giving the full details can be obtained from the Gold Producers Fixed Mist, 24 Throg- morton Street, E.C., and the investor may note that trustees are appointed for the deposit receipt holders. - The Midland Bank Executor and Trustee Company acts in this case
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