Story: Stock market

Advertisement for sharebrokers

Advertisement for sharebrokers

In March 1900 the Otago Daily Times and Witness Company published The mining investor’s guide to the gold dredging companies of Otago and Southland and the West Coast of the Middle Island of New Zealand, designed to exploit the dredging boom. The publication included this advertisement for Quick & Smith, sharebrokers. However, after the collapse of the dredging shares, the Dunedin Stock Exchange banned such advertising by brokers on the grounds that it might mislead the public.

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Alexander Turnbull Library
Reference: S-L 1043-6

Permission of the Alexander Turnbull Library, National Library of New Zealand, Te Puna Mātauranga o Aotearoa, must be obtained before any re-use of this image.

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How to cite this page:

David Grant, 'Stock market - Financing the gold-dredging boom', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/ephemera/23674/advertisement-for-sharebrokers (accessed 11 December 2019)

Story by David Grant, published 11 Mar 2010