The daily morning journal and courier., 1898-11-23

per cent. commissions and the small sum realized from fees or tickets are not a very substantial basis on which to support twelve or fifteen thousand dollar business. It may be said in round numbers that every additional two thousand dollars worth of goods sold, inoperatively demands an addl- tional work, to say nothing of added expenses in delivering, etc. The two thousand dollars percentage on the two thousand does not meet the new eS- pense. So, 1t must be said, year by year. that our mission Is accomplish ed if we call in to the Exchange more and more those who have need of us, are increasingly able to help them. and give better and better service to the public. We do not aim to he money making concern except in the one di- rection, toward our consignors. In this connection let one fact be noticed-the satisfactory proportion of expenditure to amount paid consignors, as two thousand is to twelve thousand dollars. It can safely be said the work accom- plished warrants the expenditure, and shows the Exchange tN be on a good business basis even though not self supporting Of this two thousand dol lars about fifteen hundred Is provided through the cooperation of consignors and in other ways, so we san say most concisely to the public, Give us five hundred dollars ard we will place twelve thousand where it will do incal- culable good"
 Our summer sales have, through the kind offices of many friends, been most successful. the record, over $1,30O, be- ing equal to that of last year in spite of the extensive soldier relief Work which has so well engaged the hearts and minds of women during the last six months.
 From the lunch room, under the most efficient management Of Mrs. ii. A. Smith the word comes of much that IS encouraging. Patronage has nearly doubled the past year and this corner ot the exchange isoften taxed to it's fullest capacity, It has not become preten- tious with success, but so far the aim IS merely to provide simple and whole some luncheon, with attractive service, in a bright and pleasant spot. In spite of shortcomings, natural to such youthful undertaking, the lunch room has filled we'll it's little place in New Haven and hopes to widen it's branches still further. And now with no uncer- tain voice we thank our good financial supporters who have so willingly filled the gap in our figures which may be called our business like deficiency those who have made straight the path ways of summer sales; and that large company who buy our wares; their names are gratefully in mind thou Sh It is not practical to print them, Many of our merchants and the city papers, particularly the Courier and the Regis ter, also do not fail us in our times of need.
 Acknowledging our mistakes we plead for the continued and increasing pat ronage which is as the breath of life to the Exchange and means better service tf all.
 We want to set ill motion, as til, way is cleared all possible agencies for wo- mans good and for this we ask eo-ope- ration.
 For the committee.
 LIMA M. PHIPPS.
 Chairman
 The committee for the coming year follows: Miss Phiprs. chairman and treasurer; Misa Bailey, Miss Bowers, secretary; Mrs. F. E. Bunnel, Mrs. Frank Bigelow, Mrs. Arthur Cheney, Miss Cady, Mrs. Fl. F. English, Mrs. J. F, English. Miss English, Miss Grif- fing, assistant chairman; Miss E. C. Hall, Miss Hotchkiss, Miss Lindsley, Miss Lovis Mrs. W. H. Moseley, Mrs. H. A. Smith, Mrs, Frank Trowbrldge, Mrs. c. ". Vishno, Mrs. A. M. Wheeler, Miss Welch. .,.,Sssss
 Genera! Account from October ', 1897. to October G, 1898
 Cash to balance Oct. T. 1897. .... $160 O6 I1ckets .......... ..,.......... 237 0O Sundrles ........ ............,..... 12 co Donations and subscriptions. . 3s0 0o Lunch room account. ............ 2015 76 Sales in exchange. ge................ 11,954 S5 l S15, 159 e Paid consigners. s.................S .Sf0 ITO 24 Expenses-ENchan .............. 2020 S1 Expenses-Lunch room. ........... ,62S IS Sundrles ..................... B T2