RULES OF WELLINGTON STOCK EXCHANGE.
The new rules of the Wellington Stock Exchange, which have been approved by the Governor, are published in this week's Gazette. The brokerage chargeable for buying and selling shares in all companies, and debentures and stocks, is fixed as follows: — On debentures of every description, % per cent. ; on shares other than mining, 1£ per cent. ; on mining shares up to 6d, gd per share; on mining shares over 6d up to 2s, Jjd ptr share ; on mining shares over 2s up to 3s 4d, Id per share; on mining shares over 3s 4d up to 10s, l^d per share ; on mining shares over 10s, 1\ per cent. The rules also provide a minimum charge of 5s on any transaction, buyers paying stamp duty and transfer fees. The above rates are chargeable to both buyer and seller. In offering to buy or sell at the meetings of the Exchange the minimum number of shares in mining companies in each case must be: — Up to Is in value, 250 shares; over 1b to ss, 100 shares ; over ss, 50 shares ; or £50 ■worth. The minimum number of shares in investment companies in each case Blast be:— Up to 5s in value, 100 shares; over ss, 50 shares; or £50 worth.
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https://paperspast.natlib.govt.nz/newspapers/EP19110421.2.51
Bibliographic details
Evening Post, Volume LXXXI, Issue 93, 21 April 1911, Page 7
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213RULES OF WELLINGTON STOCK EXCHANGE. Evening Post, Volume LXXXI, Issue 93, 21 April 1911, Page 7
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