26 SEPTEMBER 1987, Page 43

"Spectator fever" hit the markets yesterday as thou- sands of

hopeful investors queued to subscribe to the special £12 discount on Spectator futures.

Trading in 12, 24 and 36 month options, Spectator dealers were delighted at the enthusiastic response. A spokesman was anxious to

calm the fears of many City analysts who predicted a massive oversubscription: "We're delighted to have on board anyone who's sympa- thetic to the cause of intelligent, witty and pro- vocative journalism.

"Oh, and if you see Sid," he concluded with a know- ing wink, "Mum's the word."

SPECTATOR