A GILDED TRUST
Per Press Association,
Dunedin, last nigbt, The Oiago and Southland Gold Mining Induslrial Union of Employers instructed its secretary a few weeks ago to issue a circular to all mining companies in tbe South Island with a view to asoerSaining if they wero prepared to support a trust or syndicate proposed to be formed for dealing with gold by purchase, advance, or otherwise. One of the conditions is that tho companies should give guarantee cf a penny per ounce for a term of years in the event of tho banks reducing thair charges. A number of companies have already responded, all being favcrablo. It is hope! ull replied will be lo hand in a month, and that an advanso in tho price of gold will then be brought about.
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Bibliographic details
Gisborne Times, Volume XIX, Issue 1630, 19 December 1905, Page 2
Word Count
132A GILDED TRUST Gisborne Times, Volume XIX, Issue 1630, 19 December 1905, Page 2
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