The Portland daily press., 1897-01-12

Printing and stationery etc., 91.12
TeleRraphlo reports, 900 90
Assessment state board Of trade, SO. 90
Note and interest, 5l2. 50
Insurance. 20, 90
Taleuhone 1900
Post office box, 500
Gas, 7.95
Advertising, 5.25
Suntries. 3d. 81
Cash on hand, l06. 80
S326S. AZ
Mr.. Fobes said that the board owes
about one thousand dollars for rent.
Some steps should be taken at once TO
mended that the membership of the
board be increased as the best way of
raising the necessary money.
SECRETARY'S ANNUAL REPORT.
To the Officers and Members of the
Board of Trade:
Twenty -four new mem bers have been
admitted, and the Board has lost ny
death nine, including First Vice Presi-
dent George S. Hunt, V. Richard Foss.
George W. True, George b. Loring,
Francis Z. Swan, Henry st. John
Smith, John @. Twitchell, Vim. W.
Thomas, and John ". York. and from
ths Merchants Exchange, Richard Hard
ina and VIM. W. Thomas. which deduct.
ing lapses makes the present nber-
ship of the Board 1874, and the Merchants
Exchange 1872
! have received for admission fees and
assessments of the Board, $912.G0, and for
rent and other sources, S105.00. making
total of Sl,o17.00 and for subscriptions
to the Merchants Exchange. Sl,071.50,
making aggregate receipts from all
sources. So, 088.50, considerably in ex-
cess OK the year previous. though the
past year has sbeen one of the hardest
years to make collections in the history
of cur institution, but our bills are all
paid except quite balance yet due on
this years. rent under new lease made
last June at reduction from the first
term of 5000 per annum, and il is hoped
that by some further reduction and
special effort to increase the number of
su bsoribers to the Exchange, that the
balance of indebtedness will not only he
at once liquidatef, but that by such
effort sufficient revenue can be realized
to mako the institution self sustaining.
Besides the go or more telegraphic dis
patches received daily, the 25 newspapers
paid for by the Exchange and SO papers
and publications. co n tri buted free to its
files by the Board Of Trade Journnl,
there is WASH amount oI IhIoruaulon
furnished in other ways to inquiries
from abroad anl to summer tourists en-
tering hele to visit everySsection of our
state, making such Headquarters of too
much importance for our citizens to
suffer the reprosch of neglect.
The work OF the Board has been signal
ly successful the past year, from the
early and efficient work of the able COM
mittee on widening and deepening of
Portland harbor, ths prompt and gener-
Gus response Of Congress gave great salts
faction to the people of the state, and
prestige to this city already apparent as
the work will now he pushed to COM
pletion as fast as possible.
The new large elevator now SO rapidly
materializing here, was not only promot-
ed by this Beard hut was provided with
the "ways and means" to build it. as
was also the old elevator on the Gait
Wharf, and the prospective business to
come, will soon compensate Portland for
her enterprise here and there appears to
be very general feeling with our citi-
ems, that these two great features Ut sub
sta q tial commercial advancement should
be supplemented by early efforts to Sc
cure u. S. Naval Station at Portland,
with ample dry docks and wharves for
repairing and fitting ships for service
or to clay in ordinary"
The fine new opera house SO we'll adj
vsnoed towards com APPLETON may well be