The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1879-01-14
BOARD OF TRADE.
Animal Reports of the Officers.

The annual meeting of the Board of Trade
was held at their rooms last evening. President
G. H. Haskell in the chair.
The first business was the reading OF the an
nual reports of the officers.
The following is the report of thu Secretary,
which was accepted
sEcRETARY's ANNUAL REPORT.
Your Secretary would respectfully report that
there have been held during the year fourteen
meetings; twelve of the m anagers and two of
the full board. Oue meeting only has been
adjourned for want of quorum, and one
meeting was adjourned to attend the reception
of the Executive Committee of the National
Board of Trade at its meeting in this city 10
September last.
Three persons have been admitted to men,
bersbip during the year, and five have de-
ceased, VIZ: Nathaniel Whitnev, Wm. Fl.
Evans, james S. Bedlow, st. John Smith and
Eben Wentworth.
Mr.. Smith was one of the Oldest members of
the Board. and Mr.. Below was for several
years an efficient member of the Board of Man.
agement, which vacancy has not been filled
since his decease.
The Board now numbers 1S9 members against
215 last year.
have received for admission fees and assess
ments during the year $3.50 90 and have paid
the same to the Treasured.
The Merchants Exchange has at this time
175 members; the smallest number since its
organization.
The receipts from subscriptions to the Mer.
chants Exchange have been ST. 1859 so, makiog
the aggregate receipts from all sources for the
year S2025 30 without, however. including
money voluntarily Subscribed for the entertain
ment of the Executive Council of the National
Board. during its meeting in this ctv), from
| the proceeds of which handsome surplus was
remitted from this Board to the yellow fever
crffa Of ha Cnnfh of cro1lx I,
penses Incidental to the meetings and enter
taiument of the Executive Council.
would again take the liberty of calling thu
attention of the Board to the Importance of
taking effective measures to keep the member
ship of the Merchants Exchange from fur.
ther falling off. Otherwise the institution will
have to be closed at an early day for the want
of support, which would be serious loss to the
business people of Portland In these times,
when the advantages of an Exchange are so
necessary TO the promotion of mercantile inter-
ests and when it is not economy to cut off the
information with the outer world coming
through its channels, and which could not be
obtained 10 any other way as SO SIN all cost to
each individual member.
The formation OF the Grocers aud Flour
Dealers Association in this city few months
ago is regarded with much favor by the mem
bers of this Board, as it is hoped that some of
the objects Of this organization may be more
efficiently promoted through such adjuuctive
cscy of uniting the interests of business people.
in the promotion of the common welfare and
trade of the city so necessary to a successful
competition for the business naturally seeking
this market.
OF the history of the business of oar city the
past year there is little to be said at this time
since all are as familiar with that as myself
will only mention the fact that onr mer-
chants are 10 as good condition to compete
for future business as are those of any ether
city 10 New England, and there are few cities
that can show 50 good financial standing as
is accorded to Portland merchants at this time.
Let US then enter upon the business of anoth-
er year with renewed zeal and courage, in the
hope that the bright promises so long deferred
may be fully srealizsd before the close of an
other year
And to this end we cordially invoke the unit.
ed efforts of the Dembers of this Board in all
measures calculated to aid and facilitate trade.
and to encourage and promote in every possible
way the commerce and Industrial progress of
the City,
Respectfully submitted.
M. N. RICH,
Secretary.
The following was the report Of Treasurer,
@. S. Fobes, which was accepted:
TREASURES REPORT.
Dr.-Baance for ward So 957 %
Membership fees Board of Trade. -. 556 90