The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1894-01-09
BOARD OF TRADE.
Annual Meeting and Election of Officers
Held Yesterday.

The annual meeting of the Board Of
Trade was held at their rooms at p. m
yesteday, President E. B. Winslow in the
chair There was very large attend
ance of the merchants of the city.
The rules were suspended and E. C.
Webb was elected to membership.
The annual reports were then read and
accepted. They are as follows:
Secretary's Annual Report
To the Offices and Members OF the
Board of Trade: | beg respectfully to
| the year fourteen meetings OF the man
ayers and two of the full Board, also
five committee meetings. Forty-one per-
sons have been admitted to mem bership
and eight have died during the year,
viz:-John N. Lord, N. NJ. Perkins,
George H; Abbott, Stephen, Cammett.
James L. How, John E. Dewitt, Philip
II. Brown and James N. Winslow.
The Board now has 361 members on it's
rolls, of which quite number have not
yet paid their last assessments. l have
received for admission fees and assess
nents of the Board 978 90. The Mer-
hants Exchange has at this time 143
UGIS Oh Unc IO1lS, anu TcCelDGS from
annual subscriptions to the Exchange
have been 81, OPS. 90, making the aggregate
receipts from all sources for the year
50, 90, which has been paid to the
treasurer. The general spirit of econo-
my has affected our mem bership and re-
tarded collections in both organizations,
yet it will be noticed that our receipts
fall but trifie below those reported last
year. During the past season these
rooms NiGifpH NV OH
from abroad, including several distin-
gulshed delegates from foreign countries
to the Worlds Fair, in pursuit OF bust
ness statistics and other information for
the governments they represented, which
was furnished SO far as possible. Our
Merchants Exchange Room, l am sorry
to say, does not receive the support that
it's Importance to " the commercial me-
tropolis of the Staten deserves from our
business people. Since it is claimed to
be the business headquarters of the
State, situated at it's gateway, it's sup
port should be liberal and above penuri-
Gus economy. All who have a pride in
our fair city should see that her Business
Exchange is more literally supported.
Considering the condition of all parts of
the country. we may well congratulate
the business men Of Portland upon the
very satisfactory and encouraging re-
suits of the years business in this city
ana throughout the State, especially
when it is considered the disturbed and
disastrous conditions existing elsewhere
all over the country. in finance, trade
and industrial pursuits. Here, the State
has been SO prosperous and general trade
SO good that our people scarcely realize
serious stringency in money or distress
and poverty from want of employment.
Our people have had plenty of money to
spare, and trade and most all kinds of in
dustrles have moved along with fair pros
perity to the close of the year. With
many, trade has been even in excess of
previous years, and about our city but
few unemployed have been seen. Sew
eral of our manufacturing concerns have
enlarged their works and increased the
number of operatives, and having been
running on extra time, few only have
reduced forces and hours, and those
chiefly to close out over productions :.
With our Savings Banks and other mon
led institutions in easy circumstances
and money at a low rate of interest, new
railroad extensions building, steamship
lines multiplying and various kinds of
business drifting into the State from the
seacoast to the far interior, it would
seem that Maine is just entering upon a
highly prosperous era that should receive
our hearty and earnest support and un-
Iemitting loyalty TO the upbuilding of
her business and all of her institutions.
Respectfully submitted,
M N. RICH, Secretary.