The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1901-04-04
COTTON EXCHANGE MET
In Annual Session Yesterday and
Heard Reports.
THE FINANCES ARE IN GOOD CONDITION
The Annual Election OF Officers Viii
Take Place Wednesday, April
10, from 10 to 2,

The annual meeting Of the Houston Cot
ton Exchange and Board OF Trade was
held yesterday at the Cotton Exchange
building President Garrow presiding and
Secretary Warner of the Cotton Exchange
acting as secretary Of the meeting. The
minutes Of the last meeting were read and
adopted.
sfr. ". " Il. Watson. chairman OF the
finance committee, submitted a financial re-
port, including statistics as to member
ship. The report showed the finances OF
the exchange 20 be IN good condition, but
recommended that the dues be made so
q year, which was adopted.
other committees reported verbally, eA.
cept the membership aud snip channe.
committees, which submitted written re-
The annual election OF officers will take
place "Wednesday, Aprh 10. W. IL. Robert
son, c. j. WOkarte and Mr. Pollard were
appointed tellers for the election ana the
bailoting will take place between ~ a. IN.
and y. III.
Following is the report of President
Garrow.
Gentlemen; Your directory, and the az
ferent committees have discharged the
duties deyoNins upon them during the
past year.
Special attention is called to the huance
committee report, showing the exchange
10 be In good condition, and the adoption
OF the report is recommended.
The The report Of the secretary "a shows re- e,
gotten. against 1,7ll,4G1 last year, aud
2,aS96SS bales year before Inst ~ sHHie
date. The percentage of movement Is W
per cent Of the crop into slgat so far this
year. against 90 per cent last year and n6
tae year before Whpn we take INTO con
alteration the very short crop made iu
the southern part OF the state. the chow
ing is very gratifying.
We were called upon last fail TO face
ron "a ala.
oil precedent speak OF the disastrous
storm which bore 50 severely aud sndlB on
our sister city Of Galveston II IN with
pleasure that | mote the action OF your
exchange, each aud every member placing
his services at the disposal OF Galveston
and ! certainly feel that they accomplished
II Is II pleasing duty to note that tho
action OF the railroads, not only those
ccntering az Houston, but the railroads
over me entire country dld more, per
hapb, than anything else 10 relieve the
situation, ana on hchuf of this exchange
! desire fo thank the Officials uf the upuus
CeHtering here for the manner Ina which
tue transportation Of paascngcrs was as.
ranged l"r hS II relieved the committee
IN charge appolnted from this exchange Of
In said committee
,, The frlmre Of the rivers aul MIRRORS
bill In congress has~pus ouued for another
year our bay on project MIR, Ban dld an
possible The durp water committee, with
MI. Dillingham; Htsa'hairmHu, has the mat.
ter wen IN huud. Tie rivers and hJrhors
cpmmittee VIII visit Houston IN June
ana MIR Iurt9n, after personal In
tpcrilon, VIII doubtless change his views.
unds are needed. The WORT uccompln Who'd
tn rar ms not cost much, but it has fallen
our exchange is among tho influential
commercinl bodies uf the country aud
should receive more support from the body
al our citizens.
Following ~ the report OF the comm,t
toe On membership:
houston Cotton Exchange and Board Of
lonr committee on membership, In sub
milling liz annual report beg To state
that the committees has had no cnsc Of
discipline during the year. ana thar the
members have coutormed with the consti-
tutlph, by lHWs aud tulrS, aud every thing
win ""' s'"'
At the beginning OF last year We had on
The ron In good Htnndlug III members,
admitted durlng 10 yen7; Is; dropped, Ia.
'o yno, membership 90 date ~,
Ierrlng to the faithful and urduons Efforts
OF our worthy secretary In securing new
members and we give him alone credit
Ii9r the accession OF our membership dining
the year our exchange has now nttulned
position that ranks II among the i'm.
portant exchanges Of the country and viii
give prestige and distinction TO lis nom
bcrs, TO whom It's privileges are Invaluable
ana we think It's membership dues should
nt,h inTteaaed 10 hu amount commensurate
AAs
fully submitted.
VIM. Christian,
G. J. Wolkhnrte
Chairman G. W. Kidd Of the ship channel
committee reported follows:
While II Is obligatory upon every commit.
tee to submit a report at the annual meet.
ing of the Houston Cotton Exchange and
board OF Trade, yet In the present abnor-
mai condition Of affairs 1t would Seem 10
be work OF supercrogatiun for the shin
enamel committee TO make one, as the
members OF this association, through the
pubhc prints ana other sources of informn.
ton nave been kept en- rapport with the
strenuous md, thus far. abOrtlye Efforts 10
secure appropriations for deep water from
tine gulf TO Houston. For many Years this
exchange, ut Its own cost, has sent memo
rieis, with accompanying data, Ia congress
asking appropriations for widening aud
deepening Buffalo bayou, 10 which was
added subsequently the ship channel thar
our city might be In touch with the com
ineree OF the world. When our neghboring
seaport OF Galveston asked Tor large nppro.
nrlations for deeper water and, submitting
thr reasonS therefor before the honornble
hoard OF United states engineers there as
sembled. this exchange supported an apTro
nriatlon TO that end in favor OF our sister
cry, and the chairman Of this committee,
usicghte IRON this body, addressing the
said engineers, had the honor OF advucat,
Ing large appropriations commensurate
VIII me great work contemplated. at tine
s"ihe tinie uNSfTlnS tnht deep water Tor the
island CITY meant deep water for Houston
Coming 70 the aid OF the exchange, our eli.
gems at length became aroused 10 some de-
gree md deep water committee was or.
Innised under the leadership OF our late
congressional representative Captain j. &
HUTCHINSON. that worked diligently Though
tItitiess'y, so far as results were Involved
Lron captain Iintcheson's retiring, Colonel
Charles Dillingham; was Induced TO take M
tpe WORK. aud hts hands were upheld by
our banks and few public.spirited clti-
xens. Including The Houston Post He
went 70 washington, and, aided by our rep