, 1864-04-05

Cash in hands Of Secretary. --...-.--.-.. 69.l5
z. F Es,.hesss;s Ese bena;: no;e 25@
Ss7oaa !
The following Is abatement Of the affairs Of the
Board during the past yesr:
Total receipts for the year..
Total expenditures IL II
Balance In secraey's and Tseasurer's
hano3. ...--..-..-----..-..----.- Sar"ae-00
Assets OF THH BOARD.
iohn n s. s. Newboase's note s7o5W
q. S. 7-S0 Bonds. 100000
ssees.sa
The War Fund Committee has balance
on hand of.
At previous meeting OF the fnu Board, it was
recommended TINT the rules be 20 amended a. to
he Of as e.
assessment be made On each member Of twenty
hyc cent?, for specified purpose.
1nasmuch as the Recommendation TO create
TINT the recommendation to change the; rule rela-
tive 10 the initiation fee be reconsidered there
IL no apparent cause for extra charge Tor member
The members Of this Board are ever ready to re-
epond to ali calls Of necessity, and II they have
gained high reputation By their acts Of bensyo-
to alloy others to participate n carrying out tie
The amount Of the initiation fee is not one Of the
"poeed f'r membership, The character and stand-
ing Of the applicant is the only matter for consider
alton.
sness Of this Board has rendered It Indispensable
that much larger exchange room should be pro-
ytded. Hence Eonr directors sustained By action
OF the full board, haze taken steps to secure eueh
Recommendations rs ii their Judgment will be suit
able for the hueiness OF the association for 5ears to
cCme.
Of Commerce to erect building on the corner oi
Washington and Lnsalle streets, which is to be 1a
BY 93 feet. The ground has been purchased for thst
purpose and negotiations for plans Of the building
ire being made, furnishing IN exchange room 131
feet By 30 feet nearly three times the size Of the
one now occupied by this board. The capital stock
Of ade he interests OF 6oa institutions ale near
i is hoped that our next annual meeting viii be
held In the new Exchange rooms.
Good architects give It ns their opinion that the
structure can be completed and ready for occups-
tion On The ttst DAY Of Msy 1865 At tic latest 4
the building win be Of such character, AZ will
nect credit upon, and stand as 4 monument to the
OF ~ Toe sy In
We hare passed through another year OF great
prosperity in trade and commerce, and many Of
hs Of @ tSs nass
among us and its continual Increase to such an ex-
s1d Sst assopsa a q GET
resources, We should prepare our minds at once to
comprehend the greatness Of this productive coan-
We require M n9 70. a,o tans9
more yeteels, with more money. to transact
busincss IN q country 60 proapero1s as this.
forth to the fed Of battle to sustain Us nation,
and many have sacrificed their lives and all that is
dear 70 them on earth in aiding to maintain the
1ca;ce tn saT that the attention nj the members
Of this institution has been diverted from its regu-
lar channel OF mercantile pursuits, and embraced
The members Of this board have paid their money
freely to relieve the wants OF the suffering. They
ont by
families, and will coutiune 10 to do until the funds
now in their hands are exhausted; and then,
othe1s 10 lid thc IN carrying on Ills noble WORK. @
Since hare had the honor to preside over this
Asfoctatdon I have ever made It ny study to unite
have felt the deepett anxiety that this nohle
body ot men should be among the highest Of their
mercantile associates z position and fslF dealing,
,nnd sincerely hope th8t whoever may be chosen
as my successor will be able to impart g1eater In
nuence in this direction than hare done.
In permit me to- to az that
greatest pleaEure and eatlsfaction to me, and
thank sou for the kind attention you have given
sa for he n 5s, haTe of as
since having the honor to preside over this honor
able patriotic body.
On motion Of ]. T. Mum, it was resolved ihal
the address be spread on the minutes and that two
thousand copies Of 1t be pnblished for the use O.
the members.
RESULT Or THE ELECTION.
The Secretary then read the report OF the E1ee
ton Committee, after which the following of8cer1
were declared elected:
F7rst T7ee President Thomas Parker.
Second FtcE PStst1kNE-E.J. J. Gilbert.
.Dirttors-W. Mason 4. Morse, J. S. Harvey
WA RfsiDsFd VI .Dd g II culesr.so1 h,e,zoo,a !
Bronson, 3. T. Hutchinson, G.. < Bruce. E.
10y, s. Clssy, 8. j. Davis, j. L. Haacock, s. T. At
water, 9. a. Rowe, s. Cummlns*
1y called for, and returned thanks Tor the homo
conferred on him.
slesI nd Prs.,dsnt a s,est Ess c.
given him, and promised to perform his dntie'
c. 7. Richmond, one Of the officers elect, also re
turned thanks. as did many others OF the newly
| elect.
! mHD CURRENCY
!. =. Mum drew tho attention Of tho Board t.
the miscellaneous currency with which the West Ii
flooded The EoaEd Of Trade, as a. commercia
body, has some power, and rs there are ''ercen
oud 10 e. &
| Offer the following:
sactons BY members Of this Board ehsll BE- Tor Uni
ted States legal tender notes, and national bank
| notes, Or their equisa1ent,
R1Nred-TbRt this Bonrd hereby request the
banks ofthe city to MD them In this effort to make
treasury and national bank notea the basis Of ali
| money transactions, and that we patronize the
| banks that adopt the rule.
p. l.. Underwood moved in amendment that a
| committee be appointed to confer with the mer.