Virginian-pilot. (Norfolk, Va.) 1898-1911, 1899-04-21
THE BOARD OF TRADE
Quarterly Meeting Held, and
Reports Heard.
Secretary Dawes Tells OF the Coca
work OIihc tsSocintiou- BLENDERS
viii SIN Elect All Gniccrs-Kc.
port ns 70 MnuufnctOries.

The quarterly meeting Of the Board
of Trade and business Mems Associa-
ton Was held last night. The attend
ancc of members was very good.
Reports were heard from the treas
urcr. secretary ana two or three com
mittccs. The treasUrer's report showed
the association to be in good financial
shape. having on hand ;hc sum u.
$i.9iG.7i.
y discussion of considerable length
arose over the proposed amendment TO
the bylaws of the association. giving
the board of directors the power To
elect ;hc secretary and treasurer
Messrs. Henry. Synon ana others OPP
posed the Amendments. on the ground
mat IL was undemocratic. They believ-
ed the members of the association
should elect its officers. and that every
member should have vote.
MEMBERS WILL ELECT OFFICERS.
The amendment was defeated for
want OF Il majority of tho whole mem
bership. Ii received $50 votes out of us.
but l62 was necessary to its adoption.
MI 7. IL. SynOn. chairman OF the
committee on manufactures, reported
that nothing had been done by his com
mitice, owing 10 the fact that the assoc
rent power To carry OUT any rccommen-
datIon the committee might make in Of
lrrlng inducements 10 manufactures 10
locate here
TO INDUCE MANUFACTURERS.
He advocated the organization of a
company having Il capital stock OF uD-
ward 81 100000. a certain percentage Of
which could he called FOR upon the on
dorSed recommendation of the commit
lee. lie inO1lpht that tho
hl" plan To- bring manufactures here.
y BUREAU OF CREDITS.
Mr. Wales. The chairman of the COM
mltt"c 10 report as to the Feasibility
ana deSirIbll!tY of organizing a bureau
~ credits as an adjunct to the asSocia-
ton made report which Recommended
that the bureau should have n separate
chartcr ana he a separate organiZa-
ton, to do away with any possible con
tnsency Of liability of the association
for any act of the bureau Tho COM
mitice stated that ii was desirable 10
nave the bureau called the bureau of
credits of the Board Of Trade" and
mat ii be allowed To use the Office of
The association
Action upon the report was deferred
SECRETARY SREPORT
Mr.. L. T.. Dawes. the secretary. read
his report. II stated that the member
snip of the association was 33S resident
and 81 nonresident. After stating the
great good the Association was doing i'm
developing Norfolk. and recitng some
of the things it is now working for. thc
report says:
III is too early in the year to draw
comparisons with the business of lS9S
but enough is known 10 predict for
Norfolk a large increase over that ne
riod for the three months ending
March 3lst DIR export trade amounted
To- N.392,231, a gain over 1895 Of $ll2S.-
l5l: clearing house transactions sl3.-
i5l.3l5. an increase over 1898 of $f.7O7.-
lO2. real estate transfers. $;52. 80.
AZ no time in our history has there
been more activity in erection Of build
inSs and permanent improvements than
now.
While our truckers this season have
their crops Of kalc and spinach reduced
by the severity Of the weather Yet 65.
5N barrels of kalc and S0.3Si barrels Of
spinach have left our wharVcs for
Northern ports. realizing S262 500 doll
lars. and LBS 96S bushels of oysters
have heon opened. packed ana shipped
away. giving employment to thousands
Of hands and yielding Sl.015.0S3.
our banks have gained i'm surplus
since April LIST. 1898. SHES: in de-
posts. 81 .t9l.l0l.
While. MIR President. We nave had
much to be thankful for. Il, has been
with feelings Of sincere regret that we
have been forced TO chronicle the deaths
OF fellow members. Mr.. Michael Glen
nan ana our genial secretary, Major
Charles Pickett"