THE DUNEDIN STOCK EXCHANGE.
A very much needed institution has been formed in Dunedin. For many years past the purchase and sale of shares in mining and other properties have been transacted through brokers who, however honorable and trustworthy, have had no recognised public standing as agents. It says much for their integrity that so few cases of dispute have arisen. But it has been felt in the increasing business in the share market that the public should not only have ample security for the bona tides of every transaction, but also a recognised association to which to appeal should any case of a doubtful character arise; and this need has been provided by the establishment of a stock exchange, of which the leading brokers and commission agents in Dunedin have become members. Already a large number of honorary members have registered their names, and the trustworthy information that investors may obtain through the medium of the association should commend it to general support. We thank the chairman for a copy of the rules of the association, which we have carefully perused, and which seem to US calculated to inspire and ensure the confidence of all who have occasion to entrust their interests to agents or brokers.
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THE DUNEDIN STOCK EXCHANGE., Evening Star, Issue 8027, 2 October 1889
THE DUNEDIN STOCK EXCHANGE. Evening Star, Issue 8027, 2 October 1889
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