The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1900-04-05
THE COTTON EXCHANGE.
Fifteenth Annual Meeting Of that Oreauiza-
lion Held Yesterday
PRESIDENT CARROw's ADDRESS SUBMITTED
The Reports Of standing Committees
Read-BufaIo Bayou and Trans
mississippi Congress Topics.

The fifteenth annual meeting Of the
Houston Cotton Exchange and Board OF
Trade was held yesterday morning on the
floor OF the exchange. There was quite a
large number OF the members present.
and the meeting, which was presided over
by President Garrow, with Secretary War
ner at his desk. an interesting one.
The address of President II. w. Garrow
was read, as follows:
Gentlemen: The report of the secre-
tary shows receipts OF cotton to be 170o,-
629 bales for the expired portion of the
cotton year This indicates that about "a
per cent of the Texas crop is received at
Houston, and while the receipts, owing to
the short crop. are less than last year, the
percentage OF the movement, particularly
when we take into account the loss from
the overflow of the Brazos, shows that the
position of Houston as cotton center has
an improved strength.
The report OF the finance committee,
through its chairman, Mr.. William V. Il.
Watson shows Il very satisfactory condi-
ton. It's recommendations have met the
approval of the directory and recommend
their adoption.
Your directors have endeavored to fully
carry out the purpose for which this ex-
change was organized. and through its
different committees all interests have
been looked after. When the terrible
disaster of last summers overflow was
upon us your exchange met the conditions
not only by the subscription of $l100, but
its members were active personally In tho
work of relief
It is with much pleasure that | note
the report OF the committee on member.
ship, showing an increase In membership,
and particularly that the increase comes
from interests other than cotton. This
increases our strength and assists mater
tally In the work your exchange mas al
ways done In the general building up OF
the city.
rhe Buffalo bayou project Is perhaps In
as satisfactory position as could be eX-
pected and we feel that its accomplish
ment is assured
We think substantial progress has been
made by our city during the past year,
and the Improvement seems to be going on.
The merchants report good business
season and all show spirit and enterprise.
! do not believe that there Is any city
whore cooperation Is greater than in
Houston. Yet It is by no means so great
as 1t should be, as 1t Is only by earnest
and active cooperation that the best re-
suits can be attained.
The Transmisslsslppi Commercial Con-
gress will meet here on April II. This
is a most important body, and while all
arrangements are made to make their
meeting here pleasant | earnestly urge
on all merchants and citizens generally to
attend the meetings Of the Congress. II
will be instructive and entertaining and
give earnest of the live interest which
we have always claimed we take in the
general upbuildlng of the country, salts
fled that We Will get OAR share OF the
general Improvement
tender my thanks to the officers and
members Of the exchange for the courtesy
shown me,
rhe report of Mr.. w V. r. Watson
chairman of tho finance COMMITTEES, was
read, which showed the finance of tn,
organization TO be In splendid shape. A
budget for the ensuing year was recon-
mended and the recommendations Of tbs
committee were adopted.
~ 4
The report of the Buffalo bayou com
mlt'ee is as follows;
To the Houston Cotton Exchange and
Board Of Trade
Gentlemen Your COMMITTEES has moth.
ing TO report in regard to what has beer
accomplished since the last annual report
that has not always been made known
through tho public prints our well
equipped member OF congress. the Hon
Thomas II, Ball, has kept Houston duly
spprised of not only what he has at.
tempted in congress, but what has been
actually ACCOMPLISHED through his unhnp