These are some of the 48 members of the Dunedin Stock Exchange, in August 1900. They were an exclusively male group who became a kind of secret society, cut off from advertising or communication with the press.
Te whakamahi i tēnei tūemi
Toitū Otago Settlers Museum
Reference: F 475
Permission of Toitū Otago Settlers Museum must be obtained before any re-use of this image.