va est
freeindship, regard, or obligation, brokers being directly or indirectly
connected with the over-
persistently indulged.
past few years.
The
selling
in di
during the
majority of the
brokers are themselves brugers sellers of shares. They
Vris-
t
is he shoul
and
farin a
ulating
body
class of
residents. It will not mut then to
be restricted. They wish to deal in
property, also in that of
their own.
their clientelle.
In July 1890 when
this Ordinance was first introduced.
Mr Chater seconded it. At the second
reading
carried un
it was
but on the third re
of posed, reading, Mr. Whickhead,
in the interest of the bears and brokers,
the Bill thrown
as it dve o
made an effort to get -out. This Bill requiring the insertion of numbers in the contracts will restrict the operations
of the speculators to their own shares.
3,475.
6.7,899.
It will narrow the sphere of their operations, bence the opposition to it.
The Brokers were stron
{
Longly
represented in the Chamber of Commerce
meeting. If their votes were eliminated from the division taken.
at the
meeting, the result would have been in favour of Mr Resiicts Bill. The rules and.
Exchange
regulations of the Stock
in London are
very stringent Virtually sales are never made there
on time. Shares are sold there for settlement of
A
fortnight. If auch regulations were introduced here the brokers and sticky, bbers would be on
آکا
worse position than the Share Sales
Bill will Alace How Rat Bill a b
mild regulation contared with those mentioned above. The Brokers Association, if left alone would
have neither the one nor the other.
Mt reswick's Bill only
restricts business to shares that are
If
ain
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