Los Angeles herald., 1891-04-14
BOARD OF TRADE.
A NEW BOARD OF DIRECTORS
ELECTED LAST NIGHT.
An Interesting Address by President
Dickson-Reports Of the Secretary and
Attorneys.

The board OF trade held meeting last
night, at which the following directors
were elected to serve for the ensuing
year: r. HI. Howell, L. N. Breed, G. f.
A. Last, w. G. Patterson, 1. B. Newton,
Isaac A. Lothian.
George f. Dickson, the president,
made an address in which he reviewed
the work OF the board. showing it's great
usefulness, and nrging its support by
the business community.
From his address the following inter-
esting excerpts are taken:
II do not consider it necessary to
burden this report with statistics or
figures, as all such matters are ably and
fully set forth in the detailed reports of
the secretary, treasurer and attorney,
already submitted to you. however
do not consider it out of place to quote
few figures of general interest, for
which am indebted to very useful
and interesting pamphlet compiled by
Mr.. D, s. Alexander, deputy county
clerk, under the auspices of our former
secretary, Mr.. Ward. The publication
is entitled, Comparative Statistics 1880
1890. While it refers particularly to the
county, the city is an important part of
the county, and the interests of both
are so identified that the figures are not
out Of place in report which applies
to the city only. The few quotations
that make show very conclusively the
great advance made by this county
during the decade just passed, espec-
tally as compared with the rest of this
state.
From these figures, it appears that,
if we call the ratio of increase in the
whole state, including Los Angeles
county, as one, the county has increased
as follows: Population, 3.15; assessed
valuation, 1.93.
"The number of school districts has
increased from 73 in 1880 to 123 in 1890.
"The number of school children has
increased from 10609 in 1880 to 27799 in
1890.
''The average daily attendance of
school children has increased from 1862
in 1880 to 14797 in 1890.
"The number OF school teachers en-
ployed has increased during the same
period from 134 to 430.
1.-The total amount of school fund in
1880 was $l24, 500 and in 1890 $369, ,631.
'At the same time the rate OF county
school tax on the 500 decreased from
20 to .126.
"The assessed valuation on land was,
in 1880, SIC, AIT ,432; and in 1890, $45,-
1895.
''The assessed valuation on improve
ments was, in 1880, $3,005, ,059; and in
| 1890, $14, ,453.300.
"Citrus trees in bearing have increased
in number 800 per cent, and deciduous
and nut bearing trees from about 20, 600
in 1880 to more than one million in
1890.
.'To summarize: it appears that the
gain in population of the county was
during the period named, one-fifth OF
the gain of the whole state, and the
gain in assessed wealth about one.
seventh of the gain OF the state, while
the county now represents one-twelfth
"The total resources OF the banks oi
Los Angeles county are one-sixteenth oi
those of the entire state.
'sDuring the decade mentioned the
value of Improvements in the entire
state increased 100 per cent, while that
of Los Angeles county increased 500 per
cent.
Comment on these figures would be
superhuous. To use a trite saying,
Figures speak louder than Words For
other very valuable information l refer
the members of the board to the publi-
cation mentioned.
II do not touch upon clearing house
statistics, because l consider them as
compared with those of cities outside oi
California as entirely unreliable.
sour California custom of settling
balances at stated periods during each
month by means of clerk with bag
of coins, upsets all comparisons. Hap.
PLY this custom is slowly becoming
obsolete, and it is to be hoped that be-
fore long we shall fall into line with the
business methods of the outside world
and make all clearances by means OF
checks. Then our clearing house rec
ords will be of some value, and probably
move us up peg or two in the list"
Secretary Perkins made the following
report: 1 herewith submit the following
report of cash receipts and disburse.
ments of the board from April l, 1890, to
April l, 1891. This statement shows
total receipts for the year of $S502.43.
Total membership April 1, 1890, 175
admitted during the year, l reinstated
during the year, l resigned during the