The daily gazette., 1878-01-10
FIRST EDITION.
Morocco Manufacturers
OF THE NATIONAL Ex.
CHANGE IN THIS CITY.

At 10 O'Clock, this morning, the regu-
lar semi annual session of the Morocco
Manufacturers National Exchange com
menced at the clayton House, in tins
city.
This organization has been In existence
for the past twelve or fifteen years, hold
ing regular meetings semi annuallyduring
that tune, the last of them being held IN
the Ocean House, Chelsea Beach, Mass,
on the 18th Of July last. The present off,
GERS of the Exchange were elected at
that time and consist of: President, Is.
r. Clements, Of Massachusetts; Vice
President, james Scott, of Wilmington;
Second Vice President, William RuLter,
New York; Treasurer, NJ. s. Atkinson,
Baltiraore, and Board Of Directors
selected from among the leading moroc-
co manufacturers. The Secretary having
died since the election, Mr.. Charles Baird,
OF this city, is at present filing that
s1ice.
ihe members present when the meet
ing was called to order, were an follows:
+. ii. Thomas, Shoe and Leather Re-
view, Ihicago;M. s. Kerrigan, Brooklyn;
Is. n. Clements, Lynn, Mass; Geo. Il.
CLARK, Boston; Ii. J. Rudd, New York;
VIM. Rutter, New York; Charles O. FuI-
Ter. st. Louis; NJ. s. Atkinsos Baltimore;
| +. w. Norcross, Shoe and Leather Repor-
|
Davis. B. M. Day, Philadelphia.
wilmingtoh-James Scott, j, Win
field Scott, VIM. Bush, Washington
Jones, j. Parke Postles, John G. Baker,
Charles Baird, VIM. Richmann, Charles
l.. Fritz, VIM. Baedenkopf, James Bon
ner,, +. II. Myers, Wm.T. Warner, John
Taylor.
The meeting was called 70 order at
1l:20 o'clock. by the President, b. r.
Clements, of Lynn, Mass, and the roll
was called by the Secretary pro tem,
Charles Baird, of Wilmington.
Mr.. Baird moved that VIM. T. Mo
Neeley. of Philadelphia. act as Secretary
until the next meeting. The motion
prevailed and Mr.. McNeelsy read the
minutes OF the last meeting, which were
approved.
Mr.. M. s. Kerrigan, chairman of the
Executive Committee, stated that no
business had come before the committee
since last meeting to make report me-
ces.ary. But in view Of the propose
revision Of the tariff by Congress, he
sffered resolution authoriz zing the com
mittee to increase Its number to nine
members, so as TO enable 1t forward a
delegation TO Washington, IL necessary
20 look after the inter osts of the trade In
connection with the tariff He did moi
think the leather tariff would be affected
But II would be we'll to be prepared fol
any emergency. The resolution wa.
adopted.
The Treasurer's report was submitted
showed balance on hand Jan. list. 1877, o.
! $3lf.04 received since, sls9 making a To.
tai OF S605.Oi expenses, S3b 40 leaving 9
balance on hand si67 So, The report was
, accepted.
The President then announced the meet.
ing open for the discussion of all subjects
OF general interest 70 the trade.
y Mr.. M. y. kerrigan, alluded TO the de
press ion OF the trade, which he though
,, was due TO two causes, viz: Ov er produC
tion ana the high price OF raw stock. He
saw no reason why they should pay more
for raw stock now, than is5s-60, when times
~ were good and business fair, He said there
n was demand for lower and cheaper leatt
W er, and that the manufacturers ought tc
endeavor to supply this demand.
Mr.. Kerrigan also stated that during IN,
;, past year there were se9. 900 more skins i'm
ported than during the previous year.
|. The President suggested that the manu-
facturers stop work, and visit their rela
a tives until raw stock accumulates in th,
market, becomes plentiful and therefore
e correspondlngly cheaper,
e Mr.. Bard presented a letter from II. NJ
Warren Son, OF New York, expressing
their regrets at being unable TO be present
and urging the meeting TO take some uni
ted action In regard TO The high price o
raw skins. They thought the safest wal
was 10 curtail productions for about sll
months. which would cause the supply o
raw skins TO accumulate aud becom,
cheap.
The President sugs ested't IF the moroc
co manufactures would stop prOduc ion fo
: about two months they would secure the de
, sired result. lie also referred TO the damaR,
sustained by the legitimate trade through
t, the operations of men who prosecuted tn
business without having a thorough praeti
, cal knowledge of the details. and heod tn
market with inferior stock.
The remaining proceedings will be pub
, iBhed in the late editions.