The Portland daily press., 1896-01-14
CHARLES s. FOBES,

CHARLES =. FOBES,
Treasurer.
After the reading of the report Mr..
Fobes stated that the debt was in round
mum bers between 1920 and $1,000, but
there were resou rces.
SECRETARY'S ANNUAL REPORT.
Secretary Rich then read his report as
follows;
To the officers and members of the Board
of Trade:
I beg respectfully to re-
port that there have been
held during the year IA meetings of the
managers and two of the general board.
held early in the season for receiving and
entertai ming the State Board of Trade
during it's session here in March last,
also later for cooperating with the city
in the entertainment of the American
Institute of Instruction while holding it's
sessions in this city, and also for provid-
ing suitable landings for the officers of
that portion of the United States North
Atlantic squadron that visited this port
in August, for which the board re-
oeived a letter of thanks from the admi-
raj.
Fifteen new members have been admit
ted, and the board has lost by death five
during the year viz :ssEliphalet G. Spring,
Henry d. Hay. Robert W. Walker, Will
liam E. Dennison, Z. Frank Jones and
in addition W. S. Corey of E. Corey &
Co., Daniel Brazier of tho Maine Savings
Bank, e. L. o. Adams from the Mer-
chants Exchange. The board has now
nominally 1888 members on the rolls, in
Guiding some adouktful delinquents. I
have received for admission fees and as
seSsnIents Of the board, sS73.0U, from
rent, etc., S96. making a total of 1863
from this source. The Merchants Ex-
change has at this time 1872 memb eTs on
its rolls and receipts from annual sub
scriptions to the Exchange have been
slOl6., making the aggregate receipts
from all sources for the year, 1885, that
l have paid the treasurer.
> Our exchange roomEsand Offices have
been visited by more strangers and tour
lists the past year than ever before for such
information as we have been anle to
furnish regarding our resorts, summer
hcmeS and attractions about the city and
bay resorts and throughout the state, a
ST 'lrce OF information of Importance and
vaiue to our City and state, that by far
outweighs the trifiing cost to our citizens
SO that it should be regarded by our bust
ness.men as an economical source for
more generous and general, patronage,
and common personal interest that
this source be not hampered or embar-
raised in its lines Of encouraging and
facilitating one of the most valuable in
terests TO our city and state.
When we consider the steady advance
ment Of our city somewhat in detail,
that it has increased in valuation the
past year 1853, 765 and in population at
the rate Of 5000 a year and must have
now no less than A, 000, or including its
immediate suburbs reached by electric
street oars, So, 800 people. whose business
interests are chiefly centered in Portland
and more closely so than ever before by
the increased facilities for frequent, rap
i'd and sumptuous travel by electric cars.
making these suburbs practically joint
interest with that of our own resident
citizens Equally SO in the development
of our most valuable natural resources
for the immediate future, from the devel-
gpment of our unrivalled scenic attrac-
tions for tourists and summer homes.
Many fine new bushes houses have been
erected and others enlarged and i'm
proved, and many elegant private resi-
dences and pretty cottage homes have
dotted the fringing slopes in all direction
and on our islands and. shores. and our
parks have been extended and beautifed
Railroads centering in Portland have
increased their capacity and power and
provided palatial trains with every mod
ern improvement to transport rapidly