Daily Los Angeles herald., 1884-04-25
soARp Or TRADE.
Annual Meeting Reports Presented
-omeers Elected

Annual NeetinR-H Reports presented
-omeers Elected.
The Second Annual Meeting Of the
Board Of Trade was held last night at
the rooms Of the Board in Baker Block,
G. w. Gibson. President, in the Chair,
and J. M. Davies. Secretary. Seventy
thr ee members and proxies present.
The President, after calling the mee;-
ing to order, delivered his annual ad-
dress. He stated that from small be-
ginning they had now become COM
paratively strong society, with l29 MEM
bers, all banded together for common
interest and the welfare Of the sommu-
nifty. One object of the Board is to fur
nish reliable information through this
organization of the business and re-
sources of the country.
The financial condition of the Board
was good. OF expenditures there have
been $2,877.47, while there is now on
hand 81 ,3l6.39, with well furnished
place of meeting at a cost of $500, and
cabinet Of minerals. Ten thousand cop
les of the pamphlet prepared by the
Secretary have been published and sant
abroad.
In regard to freight, we have petit
toned the Southern Pacific Railroad
from time to time to make better and
cheaper facilities, and whenever that
Company found that such o petition was
founded in reason it has been granted.
Petitions have been forwarded to Con-
gress in favor of improving the harbor
at San Pedro; for public buildings at Los
Angeles, and = U. i. District Court, with
hopes of success.
The Board has also petitioned theCity
Council for Sealer Of Weights and
Measures. The President recommended
that the river be leveed, the sewerage
system improved and Board of Trade
building erected. An exhibit should also
be made at the New Orleans Worlds
Fair next winter.
While he was proud Of what had been
done he regretted that more had not been
done. He complimenred the Secretary
and Treasurer for their faithfulness dur
ing the past year, and regretted that he
could not have done more himself.
REPORT OF COMMITTEE ON LOT.
At o meeting Of the 'Joint Committee
on Lot" of the Los Angeles Board of
Trade and Produce Exchange, held the
oath day Of April. 1884, it was resolved
that
WHEREAS, The finances of the Board
of Trade and Produce Exchange aN in
sufficient, In our opinion, at present, to
purchase lot and build thereon, we
recommend that committee be appoint
ed having for its object the formation of
joint stock company for the purpose of
purchasing lot, and erecting building
thereon, for the joint use of the Board
Of Trade and Produce Exchange Of Los
Angeles, and that the majority Of the
stock remain in the hands Of the two
organizations.
FREIGHT STATISTICS.
The Secretary presented some valua-
BILE statistics from the Central Pacific
railroad showing that during the year
1888 there was received in the city of
Los Angeles 25l,773,9OO pounds of
freight, and have shipped SO, ,407, $50
pounds. The surplus Of receipts was
mainly caused by the enormous amount
of lumber ll4.Os2.74O. and wheat a.
O0O. 900 pounds. There was also sent
overland 5000, 400 pounds, and re-
ceived 3s. .572, 800 pounds.
The Secretary read the following
resolution from the Board Of Trade
Of Sacramento:
Resolved: That the Sacramento Board
Of Trade are opposed to any legislation,
by our Legislature now in session, that
will compel the Central Pacific Railroad
Company to change its present policy Of
making other places than San Francisco
terminal points.
Resoised: That copy Of these resolu-
tions be sent to the Los Angeles Board
Of Trade, to the Board Of Trade of Stock
ton, San Jose and Marysville.
GEO. X. BATES, Secretary.
Passed April Is. 1884.
ELECTION OF OFFICERS.
The following Directors were elected
by ballot: G. w. Gibson, A. Haas, NJ.
Dodsworth, H. Newmark, N. Matthews,
T. German.
Fer Nominating Committees. NJ.
Perry, q. H. Bonebrake, j. II. Book. L.
w. Carr, j. Il. Auzerais, Z. l.. Stearn,
J.C. Byram, +. Lambourn, w. Niles, NJ
D. johnson.
| Z. German was elected Chairman ol
the Board Of Trustees.
The Directors will meet this afternoon
to elect officers for the ensuing year.
The following additional facts wore
gathered from the report Of the Secre
tary: The building in the city for thu
years 1882 and 1883 amounted to g..
226, coo. including twelve churches tha
cost $50, 600, and 1000 residences cost.
ing g, DDS, 900.
An edition Of 10000 copies of the An
nual Report and pamphlet were ordered
published, containing export and i'm
port statistics.
The receipts for membership wer'
81, 800 for the past year; monthly dues,
s2,744 and settlement fees, Sll9.S6. To
tai, a. 1885.
The rent and expenses were 81. .S77 Al
and balance on hand sl.3l639.
The Board has adjudicated Is cases o
future. involving $2O,3ls.O5. and set
tied 10 Of them, which has brought il
s2S9.55 to tho treasury.
The meeting was the larges
ever held by the Board, AM
one of the largest meetings Of CONNER
cial men ever held in this city. OWN
to the lateness Of the hour at which tn
meeting adjourned. It was impossible
to give full details, which wa
one of great interest and impor,
ance. At the close of the meeting rese
lutions Of thanks were fendered IN th
pres,dent and secretary for their valu
, able services during the past year. Tn
meeting then adjourned sine die.
----~S-----