The Evening Star. FRIDAY, JULY 28, 1871.

Auckland Star, Volume II, Issue 483, 28 July 1871, Page 2

The Evening Star.

FRIDAY, JULY 28, 1871.

" For the cause that lacks assistance, For the wrong that needs resistance, For the future in the distance. And the good that we can do."

It is exceedingly gratifying to see that one effort has been made to put a check on crime in transactions in mining stock. In another column will be seen a notice from the legal manager of the Caledonian Q-old Mining Company to the effect that transfers of shares will not be received for registration unless they are in every particular properly filled up, and the signatures of both buyers and sellers attested by witnesses whose signatures are known at the office. This is a step in the right direction, and though the shutting of this door to irregularities and loss is but a very small instalment, yet, as an instalment of reformation and greater stringency in the transaction of share business, it affords satisfaction and hope. It may indeed appear as if people so careless as some people have shown themselves .to be richly deserve to become the prey of sharpers, but seeing that so Bimple a means for enforcing business-like conduct is in the hands of the directors and secretary, much credit is due to them for their action in the matter. Doubtless no inconsiderable annoyance will be felt by many at a rule which will cause , a little extra trouble, but we trust the example will be followed by the directors of every company around whose shares the storm of excitement sweeps from time to time. And not only so, but it isto be hoped that a little further invention will be exercised and that one after another of the abuses of the share-exchange will be similarly hedged about, and that transactions in shares will become as honest and as respectable as any other kind oi business.