The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1870-04-07
rHBcHAR1Es1oxBoARD oF7R4DE
Fourth Anniversary Meeting.

Board Of Tra,ic building.
During the afternoon the polls were open for
the election OF officers, and fine collation.. whlct
was laid out In the dining room, received its full
share OF attentions.
Most Of the members OF the board visited the
new building in the course OF the day, and the
beauty OF the furniture, the tasteful character o
the fittings, and the com modlous dimensions o
the various rooms, were the theme Of general con
yersatIon. o: all sides 1t was admitted that the
trustees had performed their dltilcut task Will
fine judgment and great success.
THE MEETING.
The business meeting was held in the meeting
rooms Of the board at half-past O'Clock; A. Fl.
Hayden, So, president, in the chair.
Letters Of application for membership. from the
following gentlemen, were read and laid over un.
der the rules till the next regular meeting: j. F.
Hunt, John Dougherty, Jr., n. H. valentine, A. NJ.
Jackson, J. K. Heath, F. J. Rodgers, John Mar
shall, Jr, Cowlam Graveley, G. W. Amory. julius
NJ. Rhett, Charles Foster and D. S. Hart.
Mr.. r. S. Bruins submitted the report of the
trustees of the Board Of Trade building. which,
on motion OF the Hon. G. A. Trenholm, was ap-
proved OF and accepted. This able and interest
ing report will be printed in our next issue
The Committee on Accounts reported that they
had examined the accounts OF the treasurer and
found them correct. They also expressed their
high appreciation of the diligence and ability
with which the treasurer (Dr. II. Baerl had dis
charged his datles, and regretted that he had de-
clined reelection.
The report was approved and ordered to be
spread on the minutes.
The report Of DR.. Ii. Baer, the secretary and
treasurer, was read and approved.
TsEAsURBn's REPORT.
To tAe HemberS or tho Charleston Board OF
Trade:
The secretary. in presenting the fourth annua!
report respectfully would submit that the Charles
ton Board or Trade, at this eposh, has cause for
sadness, but still more for thankfulness and re-
joicing.
Only few weeks ago the Board Of Trade build.
ing Vas draped in mourning, In respect TO the
memory Of our late president, Ar. Henry Cob!a-2
man loved, honered and trusted by all who knew
him, but by none more than the officers and
members OF this board. Mr.. Cobiu, 1t is useless
to say, discharged this trust as lie did all others
committed to his keeping, with energy, zeal and
ndellty; and his associates OF tue commlttee,
whose duty it was to procure the means for the
purchase Of this building, will bear witness to his
ardent labors and unwearied zeal to bring this
project to successful issue. After the house had
to superintend the necessary repairs and improve
ments, giving his personal attention to even the
minutesr particular. 1t Is source or special re-
gret, therefore, to every member OF this board,
that Nr. Cobia was not permitted to live to see
this noble crown placed upon his labOrs: that he
is not with as this day to celebrate our first ami
yersary festival at our own board, and within our
own walls.
Board OF Trade, four years ago, when few mer.
chants of Meeting, uayne and Broad strestS first
met at the Charleston Hotel Club.room, was
mere experiment; now 1t Is a successful and &C
complished fact. That was the day OF small be-
ginning; this the joyful time OF harvest VIC
Commenced with less than fifty members; now
our roster shows nearly two hundred and 1lty
members. Our frm commenced business four
kind proprietors OF the Charleston Hotel. The
only furniture we had was one solitary desk aud
a ballot-boX. Now we have handsome building
Of our own, with reading room, assembly room,
&C., elegant furniture aud other appurtenances,
second in beauty and completeness 10 none Of the
same kind In any State OF the Union. The Board
OF Trade Rooms have become q prominent fea-
turs among the lights OF Charleston, and our
merchants, with pardonable pride bring their
friends from distance to these hoSptable halls,
hot stunning comparison with similar institutions
In larger and Weather titles.
Our board has made gratifying progress In
strength and influence, no less than in numbers
Every branch OF trade and industry isrepresentcd
In membership and is influence and advocacy
are being constantly solicited In favor OF pubic
measures Of reform and Improvement. Interest
ing questions affecting the trade and commerce OF
the cty State or country at large. are brought be-
fore almost every meeting, and the Gles OF our
daily papers will show in what varied ways tue
declarations and actions OF this board have been
OF service to this community, during the trying
period OF political, commercial and social transl-
lions from which we are but now emerging. It's
unnecessary Lere to enumera!e tlese measures
neither eur efforts, nor their resultS-succeSslul
or otherwise. They DelonS 10 the history VI Tic
last four years.
From such record In the past, however, It is
but fair to augur still more active and useful
future for our board; especially as our means ana
facilities for making our influence lelt and re-
Spectel have increased In all directions.
The board now has a fine reading room, wherc
all the leading journals, American and european
English, French and German-are on nle A
library will be its next object. We already have
the nucleus for commercial library, and, with
proper effort, the necessary means can doubtless
be procured to give our merchants large anu
servlceab,e library. In view OF the growing I'M
portance of the Board OF Trade Rooms, daily
market reports will be found very useful. Ar
rangements have already been made with an ex-
perienced and skilled ship news and market
reporter TO supply these and also TO furnsh daily
reports OF all shipping intelligence. II il more
than probable that we SHALL before long, also
have telegraph office In connection with
this building, when the market reports from
abroad will be received here several times
kept here, also, showing accurate state
ments, from day to day, OF all transactions
in the leading staples OF the country antt
of the imports and exports OF Charleston.
This also, viii furnish the material for the com
pletion OF an annual review OF the trade and com.
merce OF Charleston showing the magnitude ol
our resources. the development OF our Industries
and the progress made in drawing 10 Charleston
the vast interior business OF the Southwest and
South. The Importance OF such review, care
fully and thoroughly prepared, Is too obvious "a
need argument In its support. The board, may
add, will probably soon issue an official weekly
price current as is now done in many or the lar
ger cities OF the North aad West. In short, nc
EFFORTS will be spared to make these rooms IN
fact as they now are In promise, TIE CoAAsA
| CIAL CENTRE OF CHARLESTON.
The growth Of membership during the pas,
| twelve months has been unprecedented. The
number of members 1T the last anniversary waf
| one hundred and fifty mine; there have been re
celyed ninety EIGHT new members during the year
| and lost by death, removal and other causes
| fourteen-leavinE q membership 1t present o.
| TWO hundred and forty-three. This Is exclusive
OF the membership OF the Club" which Is dis
| tinct organization.
fully declined re.electon he hopes the board vii
perinit him to take this opportunity to express
| his thanks to the members for their uniform kind
ness and courtesy during his official connection
with thcm At the same time he ventures 10 e1
press the confident belief that the Board OF Trade
going on as it has begun, has before It many
| decade Of peaceful power and ever-increaslnt
usefulness.
| Respectfully submitted.
H. BAER, Secretary and Treasurer.
Charleston. April 8, 1870.
Mr.. w. S. Haste offered the following resolu
| tion. which was unanimously adopted:
uoe,y,o5 T,,ot 10 thanks OF this board be ten