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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
Reference: F 475
Image sourced from Otago Witness, 19 September 1900, page 47.Permission of Toitū Otago Settlers Museum must be obtained before any re-use of this image.