Uninformed investors looking for gold stocks might pass over Kaw Crow, Grull Wihksne, McLeod Cockshutt, Cotton Belt, Porcupine Crown, Buffalo Ankerite, Canadian Malartic, Ymir Yankee Girl. But 'they could hardly resist the most glittering name of all—Yukon Gold. From an investment manual they would be shockingly undeceived. Yukon Gold does nothing but mine tin in the Federated Malay States.
Last week Yukon Gold declared a common stock dividend for the first time in 18 years. Reason behind this sudden change in policy was the new Federal Tax on undistributed profits. Though it is listed...