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Auckland Star, Volume II, Issue 429, 26 May 1871, Page 2

Theke has been somewhat of a panic " on Change" to-day, and tke visages of those who at the corner do congregate assumed for a while a doleful longitude. That such depressions will occur is to be expected, nor shall we wonder to see shares, sooner or later, come down by the run. However, the fright to-day does not seem to have had much to originate it ; and, probably, it was the occupation of the wires in transmitting the mail news to the Thames, and the consequent withholding of telegrams that made believe that a cloud had come over the Thames. The atmosphere " on Change" is always in au electric state that produces much nervoua tension—very susceptible 'to panic ; and this condition of mind is not much modified by the general distrust regarding those who are supposed to have the power of raising and depressing shares at will, and to be the arbiters of fortune and ruin to investors. Such are the conditions on which people enter the scrip ring ; but while the panic of yesterday was but temporary, it should certainly serve as a caution to those who seem blinded and maddened by scrip.