title: Securities Trust
text: # Securities Trust
  
  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 | Holding |
  | - | - |
  | 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 |
  