New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-02-11

WIN their surplus current. This ADDED greatly "
expenses. The reports from the Chicago show are
not all in but as soon as they are completed re-
port in full will be made. From the reports so FAR
received We will make small profit
repeated attempts were made with the manage
ment OF the building in which we held our show In
New-fork last year 10 settle upon some arrange
ment for the equitable division OF profits a reason
abe rent; but every offer made by us rejected.
our directors then passed a resolution referring the
whoe matter to me as president. to enter into such
arrangements for the conduc. OF the Eastern show
As seemed to me advisable. Having in mind the best
interests OF our Board and the trade generally. !
entered Into an agreement hold the Eastern show
IN the Grand Central Palace. where our exhibition
now pelng held. As TO Its success or otherwise !
Will leave you TO Judge
so soon as it was announced that we had de-
termned TO go to the Grand Central Palace cir
GUAR letters were sent broadcast from the Madi-
son Square Garden Company inviting an exhibition
with IT, We thereupon issued our preliminary an
nouncements and mailed to over 5000 houses a
preliminary show card notification OF inten-
ZION TO exhibit at the National exhibitions, to-
sether with an agreement to exhibit at sanctioned
eNhioiuons only. were also mailed, and subse
quently embodied In the contract for space.
OPPOSITION vANQUIsHED
AS time went by We found IL utterly impossible
to provide for the wants Of all exhibitors and We
had 70 refuse eighty or ninety applicants for
opposition TO secure exhibits for a cycle show
whereupon an additional floor was leased in this
building TO provide for all. 1t Is a matter of
history that the proposed show OF the opposition
was abandoned. Exhibitors will appreciate the
fact that the cost per square foot for space at
the two shows OF this year is nearly $50 less than
was charged last year. Local shows we'll under
the control and management of local Cycle Boards
or Trade acting under the sanction OF the Ma
tional Board At this time last year the trade
practically at the mercy OF professional showmen
To-day a local Board Is organized in every city
where a show was held last year. and at this date
not single cycle show has been attempted with
out the sanction Of the local Board a ma jory
of the dealers in the town where it proposed
to hold show.
THE BOARDS OTHER ACHIEVEMENTS.
Early In the year took steps to ascertain
the wishes OF our members on the subject of a
guarantee Much correspondence ensued. and the
result. you we'll know. is that majority OF the
leading bicycle manufacturers adopted six
months guarantee for 1897 and like guarantee
also adopted by the Rubber Tire Association
Our mercantile department for the information
and convenience OF our members who become sub
scribers 10 it, has been established a sound
basis. over one hundred OF our members have al
ready subscribed. and have doubt that before
long that department will be very materially aug
mented as plans for It's future advancement are
now under consideration. Numerous bad debts
have been collected with a little expense, and,
from reports received, there Is doubt that this
department has had decidedly beneficial inhu-
ence. TIE report OF treasurer. William a.
Reddng, will inform you fully as TO the financial
status OF our National Board.
II regret to state that the Trunk Line Associa-
ton passenger department this year refused to
grant any railroad concessions to our annual con-
vention and II is for to consider this action,
and particularly to its bearings on our future
conventions In this city United action should be
taken by TO convince the railroads that they
should recognize a great National body"
FINANCES OF THE BOARD
Mr. Redding the treasurer o. the Board sub
mtted the following report Of the cash received
and disbursements made since January %, 1896:
RECEIPTS
Balance per your report Of January 81 1906 $92 -
In payment OF capital stock. ............... 1886 10
Dues active and members LIS o.
Interest on investments ................... LIS
Proceeds from sale Of twelve United States bonds 1895 %
Buding Chicago ........e.e..,.."...". 1000 %
Profits from NeWeYork Cycle show. 1896 IS 4s7 Is
Profits from Chicago SHOW 1896 5000 90
Fees for sanctonng local cycle shows...... $50 90
Subscriptions mercantile department. 4ls+ *
Claims collected. 1874 10
cycle show 1897 .................. sll.5s5o2
on account Of proceeds from Chicago ,,,on
iso7 '.. "'''.........."... 1911
YorI: cycle show. 1897 ............ siss5si0
On account Of admission tickets for
NewYork Cycle Show. 1897. sold $500
On account Of box-onice receipts from
NewYork Cycle Show. 1871. 900 no .
Sale OF old mmeograph. 100
81. go