Following its incorporation, Central Fund invested mainly in shares and other securities of Canadian issuers, primarily with a view to capital appreciation. During 1983, Central Fund changed its character to that of a specialized holding company, the assets of which were held through its wholly owned subsidiaries primarily as gold and silver bullion. These subsidiaries were in turn wound up and dissolved subsequent to the transaction.
Revenues reflect lower balances of interest bearing cash deposits.
Lower loss reflects a decline in administration fees and income taxes as a result of a lower level of net assets. All Rights Reserved. Privacy Policy - Terms of Service Company information Copyright Market Guide . Data and information is provided for informational purposes only, and is not intended for trading purposes.