The Securities Trust (SET) 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:

Company HoldingBritish Celanese Ltd£500,000A. Ruffer & Sons Ltd£689,250G.F. Neame & Co.£68,500Foy, Morgan & Co.£128,689 Durant, Radford & Co. £6,900

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