Securities Trust


The Securities Trust was a holding company established in 1924 jointly by the British Treasury and the Bank of England to dispose of certain government-owned assets. When the Disposal and Liquidation Commission was closed down that year, certain assets were transferred to SET:
CompanyHolding
British Celanese Ltd£500,000
A. Ruffer & Sons Ltd£689,250
G.F. Neame & Co.£68,500
Foy, Morgan & Co.£128,689
Durant, Radford & Co.£6,900