31 MARCH 1928, Page 30

subscribe, particulars are now being published of the Carmelite Trust

Limited. It was incorporated on January 24th last, and it is intended to confine the investments and operations of the company mainly to undertakings coming under the category of important newspaper producing and circulating organizations, and also to concerns engaged in the production of pulp and the manufacture of other require- ments needed on a large scale by the modern daily and weekly newspapers. It is in many respects an interesting under- taking, and not least as regards the composition of the Board, the Chairman, Mr. Henry Spence Home, being also Chairman of the Associated Anglo-Atlantic Corporation Limited, while another member of the Board is the well-known journalist, Sir John Foster Fraser.