Los Angeles herald. [microfilm reel] (Los Angeles [Calif.]) 1900-1911, 1906-02-17

The committee on mercantile affairs,
Of which J. Baruch Is chairman, made
the following report:
In reviewing the work of your COM
mittee on mercantile affairs / am
pleased to record the fact that its
recommendation and reports have been
In each instance approved by the board
Of directors. Herewith is given a brief
summary of matters referred during
the past year and the reports made
viz:
February 81, 1905-Assembly bill to
compel corporations doing business in
the state of California to file quarterly
sworn statements of their receipts and
disbursements, assets and liabilities.
March s, 05-Recommended that the
chamber indorse resolutions of the New
York board of trade and transporta-
tions urging the retention of the pres
ent national bankruptcy law.
September g. 1906-In reply to a re-
quest from the business men Of the
Bullfrog mining district in Nevada,
your committee recommended that they
be assured that this chamber approved
heartily of their efforts to get into
closer business relations with Southern
California and that our people would
lend their concerted action and support
to that end.
October 4, 1905-In reference to the
recommendation Of Acting Secretary of
State LOOMS that six commercial at
taches be added to the consular service
for the purpose of collecting Industrial
and trade information, this committee
reported as heartily approving the
plan and urged that one or more be
assigned to duty on the west coast of
America and in the Orient.
November 20, 05-Recommended that
the request of A. Sandoval to send
representation to Mexico in the interest
of trade In that section be referred to
the associated jobbers.
Exposition Committee
A. B. Cass, chairman of the COM
mittee on expositions, reported as fol-
lows:
In my last report 1 made mention of
the fact that the exhibition at ST.
Louis had hardly closed its gates when
appropriations were under way for par
ticipating in the Lewis and Clark ex-
position at Portland. Our splendid
achievement at st. Louis stimulated
active work for Portland. With an
ample appropriation and a surplus left
over from st. Louis, we prepared in
addition to the material returned suf-
ficient new and attractive exhibits to
from all of the other counties Of South
ern California.
Throughout the California building
exhibits, according to classification,
were arranged with similar exhibits
from other sections of the state, always
retaining the local identity.
AS for results, we shared with the
state in more gold and silver medals
than any other locality on the coast.
AS a result of this exposition trade
relations have been established with
the citizens Of the northwest that here
tofore were unknown, and friendship
created that has already borne much
good fruit and which 1 am sure will
continue to increase as time advances.
1t was found early in the preparation
for participating In the exposition at
Portland that sufficient room could not
be procured for all of the Los Angeles
county exhibit, and instead of storing
the surplus, as was the case with many
other localities, we secured a kiosk at
Shasta Springs, which covers the cele-
brated spring water at the Southern
Pacific railway station of the same
fifteen minutes, and in this kiosk we
established an exhibit never euualed in
any country ~@-
The expense of all the county's par
tioipation at Portland when returns ara
all in will amount to about $4,000.
This money we think most advantage
ously expended and know that it will
result to the mutual good Of the whole
community.
The next exposition on the docket is
that of Jamestown, near Norfolk, Va
The date set for the opening Is May /,
1907. AS our legislature does not meet
until January l, 1907, 1t will be ques-
ton as to the states being able to
make arrangements for participating
as a state. This, however. should not
prevent this organization taking active
steps to participate. To this end the
committee would recommend some
action.
New Members Received
Six hundred and five new members
have Joined the chamber during the
year. yielding $1,000 from initiation fees,
an increase over the previous year of
$1325. Membership dues collected show
an increase of $4165.
The grand total of receipts (buildine
not included) of $26,941.24 far exceeds
any previous year. Expenditures,
however, have likewise increased and
really equal the large receipts. This re-
suit is, nevertheless, gratifying, as it
means increased usefulness Of the
chamber.
To the item of difference between the
receipts and disbursements of $3.50. IL
should be added the sum of $266.67, the
amount advanced to the Owens river
Nroject, which should have been re-
Cned the first of the month. This will
II We total difference of $1O467S.
IN Treasurer's Report
Tr, \surer Charles H. Toll submits
the fl lowing report:
In submitting the treasurer's report
for the Var just passed, the only items
shown any funds that have passed
through the treasurers hands in the
transaction of the regular business
operations of the chamber proper.
The reserve fund was completely ex-
hausted in the construction of the
building last year. The general fund
is the only one we have had any deal
fngs with, a statement of which is
hereby submitted: Amount received,
$2911S,1S; expenditures. $26.161.13.
Former Presidents Address
In his address before the chamber
of commerce, Former President j. o.
Koepfi said in part:
whether as cause or effect, the
work OF this chamber is so closely SEN
1 ED La l. q