Los Angeles daily herald., 1885-12-09
PRODUCE EXCHANGE.
Annual Election OF Of
ficers-Address of President
Gerrnafn.

ficers-Address of President
Gefinatn.
At the annual meeting of the Los An.
geles Produce Exchange held Monday
evening, December 7th, the following
gentlemt were elected to serve for the
ensuing year: Il. Germain, President;
G. l.. Matthews. Vice-P President; +. lam.
bourn, Treasurer. Board OF Directors
l.. w. Carr, A. w. Porter. M. Sanders,
Geo. f. R,nsome, Chas. Auerbach.
After which the members listened to
PRESIDENT GERMANS ADDRESS.
GENTLEMRN:-Anoth year in the
existence OF our organization has been
brought to close. and it is proper that
| few remarks should be made by your
presiding officer.
The report Of the Secretary gives, in
| detail, the financial standing OF our Ex.
! change. and regret exceedingly to call
YOUR attention 10 the fact that the
amount of cash on hand ON December /,
| 1885 shows decrease of S7S 55 over
the amount on hand at the same date
last year.
We should look forward to and hope
| for an increase, but inasmuch as our
present membership only permits OF
monthly revenue OF $66, and our ex-
peuses for rent and Secretary's salary
alone is S65, and our outlay amounts oc.
casionally to a few dollars more per
month for incidentals, deem it proper
| to call your attention to the fact, in or
| der that you may take such steps in the
matter as you deem proper.
AS a matter Of fact there are but two
ways-an earnest effort on the part Of
| every one OF us to increase our member
ship, or an increase in our dues. The
| first is practicable and only requires an
effort. The latter ! do not believe
would prove acceptable to hardly any Of
our membership.
As the report of the Secretary shows,
| the business done ON call hardly deserves
the name Of business, SO small has it
been in volume, and | believe that in
| the future, to actually realize the prin-
cipal object OF this Exchange, the mem
bers ought to do more buying and selling
on call than has been done during the
past year.
Our average attendance is too small.
The members should take an active iu
terest in its welfare, and in my opinion
no better way can be devised by which
this organization can fulfill its aim in
the community than by the regular aud
prompt attendance Of all its member.
The daily call affords common stand
ing ground upon which we can all meet
to discuss matters appertaining to the
varied and rapidly increasing produce
| tions of our favored land, enables us to
| interchange our views upon our contin
ually expanding trade andidiscuss such
measures as TO how aud in what manner
II can be more widely distributed.
This in my Judgment would do more
| to extend the influence OF the Exch nge
as a body than now we have any idea Of.
This organization should play lead
| ing part in the promotion Of the bust
ness interests Of this city and county,
and earnestly hope that each and every
one of our members will see that il will.
1t is within the memory of very many
of our members when Los Angeles city
was a comparatively isolated and uD-
known community, this was prior to the
advent OF the railroad. Since then what
a change; now by night as well as by
day the heavy rumbling of an immense
traffic can be heard at almost any hour;
fruit trains can be seen departing, filed
to repletion with the productions Of our
county, carrying our surplus TO the
North, the South and the East; the
aniagonism which but few years ago
existed between our people and the rail-
road has disappeared and given way to
harmonious and friendly relations.
The interest Of the railroad, the pro-
| ducer, the shipper and the consumer are
identical low rates and prompt service
| in the part OF the railroad aud the best
energy exerted ON the part Of the pro-
ducer TO furnish freight with disposi-
tion on the part of the consumer not to
| be forever chronic growler" will, ere
| long, bring around q condition of the
transportation question that will be mu-
tually advantageous and pleasant in all
| its relations.
1t is particularly gratifying to observe
| the large increase of travel from the
East, this way, and while we cannot
| hope 10 make every man. woman and
child who stops, permanent resident
OF our city and county, still the rapid
extension OF our beautiful city in all
directions and the increasing number OF
small farms, noticeable in every part of
our county, tells us that we are rapidly
coming to the front as the most prosper
ous county in our great State, in all
those things that make a people con-
tented and well to do.
A section. growing as this does, the
most varied and useful productions OF
nature built up with small FERNS man
aged by thrifty and industrious men
and women. who live moderately and
within their means. has great future
before it, and such 1 believe TO be the
destiny OF Los Angeles county.
That this Produce Exchange can do
| much towards the realization of that fu.
iure, firmly believe, and in conclusion
/ earnestly ask every member of this
organization to work for our Exchange
and the advancement of Los Angeles
city aud county.
! also desire to thank You for the
honor conferred upon me by my election
as your President the past year, and to
EXPIRE to the Board Of Directors my ap-
probation Of their efficient and faithful
devotion to their duties and to assure
you that under any and all circumstances
that the success and prosperity Of the
Los Angeles Produce Exchange will en-
| list my best efforts