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LIST OF OFFICERS

H>K 1867

PRKS1 DXNT

WILLIAM H. L. BARNES.

TICK PRXSJDXMT:

ROBERT B. SWAIN.

SECRETARIES:

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DAVID WILDER.

TREASURER

WILLIAM C RALSTON.

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WM.C. BADGER, H. II. BIGELOW,

j. M. McNCi.TY. GEORGE C. SHREVE,

GE< ►RGB A. LOW, ARTHUR M. EBBETS,

B. DEWEY, I / WILLIAM R. WOOD,

K. B. REYNOLDS.

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CALIFORNIANA

SAN FRANCISCO PUBLIC LIBRARY

3 1223 03528 9496

SAN FRANCISCO PUBLIC LIBRARY

3 1223 03528 9504

SAN FRANCISCO PUBLIC LIBRARY

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Book

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Accession

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NOT TO BE TAKEN FROM THE LIBRARY

FORM NO. 64. 3 M. 7-2S-10

Digitized by the Internet Archive

in 2012 with funding from

California State Library Califa/LSTA Grant

http://archive.org/details/annualreporto18531863merc

FIRST

ANNUAL REPORT

OP THE

PRESIDENT

OF THE

ertanfile IFikarg JsMriata

OIF SAJXT FRAISTOISOO,

FOR THE YEARS 1853 AND '54,

Made January, 1855.

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SAN FRANCISCO

TOWNE & BACON, PRINTERS,

EXOELSIOB OFFICE,

125 Clay Street, San Francisco.

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DAVID S. TURNER.

Via ^wsiUnrt: '

J. P. HAVEN. C. E. BOWERS, Jr.2

WM. H. STEVENS. Dr. H. GIBBONS.

C. E. DUNBAR, J. B. CROCKETT,

D. H. HASKELL,1 E. P. FLINT.

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fat <rf (SWtow fw 1S54

DAVID S. TURNER.

H. CHANNING BEALS, C. L. STRONG,

W. H. STEVENS, F. A. WOODWORTH.

W. R. WADSWORTH, F. S. HAWLEY,

J. H. PURKITT, A. G. RANDALL,

E. P. FLINT, W. McMICHAEL,

D. 0. VAIL, P. A. ROACH,

J. H. GARDINER.

1 Resigned June 8th and was succeeded by F. A. Wood worth.

2 Resigned August 3d, and was succeeded by C. L. Strong.

J. H. Purkitt and W. R. Wadsworth, were elected Directors in September.

REPORT.

Gentlemen of the Mercantile Library Association: —

In presenting this, the first regular report of your Association, it
becomes my duty, as President, to recall to your minds some of the
various incidents which have occurred since the commencement of our
enterprise, as well as to give, to some extent, a detailed account of our
present condition. And inasmuch as this is the first regular report
which has been made of our aifairs, notwithstanding our two years'
existence, it may be necessary to go to our beginning, in order that
we may place fairly before the community the various steps by which
we have advanced to the position we now occupy, and to which we are
mainly indebted through the liberality which has been extended to us
by a portion of that community.

It seems to me fitting in this place, and not inappropriate to this
occasion, that I should here refer to the endeavor on the part of a
number of our citizens to establish the " California Institute." During '
the fall and winter of 1851 and 1852 — the officers and directors were
elected, comprising among their number many gentlemen whose names
now appear as friends of our institution.

After having furnished rooms for the accommodation of readers, and
expended a considerable sum for reading matter, furniture, &c, the
enterprise was abandoned until such time as increase of numbers and
interest should warrant its friends in encountering the heavy expenses
necessary, at that time, to such undertaking.

The existence of our Association, under its present organization,
dates from the 22d of December, 1852, on which day there assembled
in the Common Council Chambers of our city a considerable number

•

of persons friendly to the formation of a Library Association ; deeply
impressed with the importance of affording to the members of our com-
munity the means of such intellectual and moral instruction as experi-
ence had taught them to believe was derived from institutions,
established and carried on upon a basis and of general character simi-
lar to such institutions in the Atlantic cities. With this general
object in view, the first meeting was organized. J. B. Crockett, Esq.,
was called to preside, and matters were discussed relating to the general
interests of this enterprise. To this gentleman we are under many
and continued obligations from our commencement — he has ever been
ready and willing to aid us by his counsel and encouragement, as well
in his character as an able advocate, as also as in his position as a firm
friend of the institution to which it has been his pleasure to afford
assistance in any manner calculated to promote its best interests.

At the meeting referred to, proper committees were appointed upon
various subjects, to one of which was confided the duty of preparing
an address to the people of San Francisco, upon the subject of the
proposed Association. This address was extensively circulated, and a
general feeling was enlisted in its favor. In the meantime the com-
mittee appointed to solicit subscriptions in aid of the enterprise, reported
six thousand dollars pledged, and which could be collected whenever it
should be required. Under such encouragement it was thought advis-
able at once to commence operations, and on the 25th of January,
1853, a meeting was called for the election of officers, which resulted
in the return of a full board of officers and directors. Eighty votes
were cast, and an excellent feeling prevailed. The officers and direct-
ors were as follows :

David S. Turner, President ; J. P. Haven, Vice President ; W. H.
Stevens, Recording Secretary; Dr. H. Gibbons, Corresponding Sec-
retary; Charles E. Bowers, Jr., Treasurer; C.E.Dunbar, D. H.
Haskell, J. B. Crockett, and E. P. Flint, Directors.

Measurers were taken without delay, by proper committees, to
secure rooms, furniture, &c, and the committee on books purchased
from Brigadier General Hitchcock, U. S. A., a valuable private library,
consisting of about 2,500 books and pamphlets, and with this collec-
tion as a nucleus for future operations, our rooms in the building
known as the California Exchange, at the corner of Clay and Kearny

streets, were opened to readers on or about the first day of February,
1853.

Such, gentlemen, is a brief history of the origin of our Association.
We have progressed steadily, though at some times under great em-
barrassments, but our community have at all times liberally responded
to our applications for relief, and through their generosity we are able
to present to you, at this moment, a library of nearly 4,000 volumes,
a large number of periodicals, magazines, &c, regular supplies of
newspapers from all parts of the commercial world ; our rooms com-
fortably furnished ; free from any pecuniary obligations, and with a
few hundred dollars in our treasury.

And now, gentlemen, in view of the success which has attended our
enterprise, have we not cause to rejoice over it, and pour out our
hearts in gratitude in return for the attainment of a degree of pros-
perity to which, in our most enthusiastic anticipations, we could not
even hope to have realized within so brief a period as two years.

And while we acknowledge a kind overruling Providence which
has attended us, and upon all occasions " waited upon our steps," we
should not be unmindful of the kindness and liberality which has been
extended to us, as well by friends abroad as by our own generous and
warm-hearted citizens of San Francisco. During the existence of our
Association, some feeling of dissatisfaction has been expressed on ac-
count of the distinctive name by which we are known — thereby claim-
ing that we were exclusively of a mercantile character, and by our
organization excluding those of other professions or occupations. This
feeling, however, has been entirely imaginary, for it has ever been the
earnest desire of all concerned to unite as much as possible all classes
of the community ; but it has happened that the great proportion of
members has been from among merchants and merchants' clerks, and
hence the cause of its having been organized under its present name.
However this may be, or whether or not this feeling may have given
impulse to the formation of a similar institution among the mechanics
of our city, we hail with pleasure the effort to organize and establish
the Mechanics' Association, and bid them " God speed ; " wishing
them every success in their worthy undertaking, at the same time
giving them full assurance that Ave will ever co-operate with them in
such measures as shall tend to the best interests of all their endeavors

to extend valuable information among our citizens ; while we enter the
lists with them in generous and liberal rivalry as to which shall be able
to effect most towards the great object we have in view.

It is perhaps questionable, however, taking into view the great ex-
pense necessarily attendant upon such an enterprise, whether the union
of all classes, or whether two separate organizations might be the most
beneficial ; perhaps, however, it may be most expedient that there
should be separate organizations, each one acting in its own sphere,
and thereby securing to their individual advantage some influences
which they might not obtain were they consolidated. The aim and
object of our institution is, to place within the reach of our fellow-
citizens the means of acquiring useful information, of elevating their
intellectual and moral qualities, as well as to afford the younger mem-
/ bers a comfortable, quiet, and respectable place of resort, where, sep-
arate from the evil influences which they encounter in places of public
amusement, they may at once spend their leisure hours cultivating
their minds and acquiring those habits of sobriety and morality so
essential to the formation of character, where character is so valuable
and so highly appreciated as it is in our young and prosperous city.
Any measures which shall attain to the accomplishment of those
objects, whether it be through the influence of one or more institutions,
will meet with the unqualified approbation of our citizens, and will be
hailed as an indication of a state of things which is to give to our
institutions and to our standing as a people, prominence and stability
at home, as well as character, respectability, and influence abroad.
The establishment of libraries, schools, literary and religious institu-
tions, is one among the many striking features of San Francisco, and
decidedly marks the energy of our people, and their disposition that
law, order, and good conduct shall be observed, and that society should
be formed upon a basis which gives character to other communities,
where experience has taught the value of institutions calculated to
promote the moral and intellectual capacity *of the people.

I propose to give a few moments to the consideration of the present
condition of our Association, and to our available means for sustaining
the heavy expense we must necessarily encounter. In pursuing this
subject, however, I shall not attempt to go into detail, but only in brief
give a general idea of our condition. The monthly expenses are

about $600 — say rent, $200 ; librarian, $175 ; assistant librarian,
$80; incidentals, $145.

To meet this expense, we have four hundred and seventy-two share-
holders and subscribing members, paying each one dollar per month,
or four hundred and seventy-two dollars per month, leaving a defici-
ency of one hundred and twenty-eight dollars, which sum may be
considered fully provided for by the usual increase on our subscription
list.

Our members at present consist of : honorary, forty-one ; life, thirty-
nine ; shareholders, paying, three hundred and two ; subscribing mem-
bers, paying, one hundred and seventy ; total, five hundred and fifty-
two. Number of bound volumes, three thousand, three hundred and
fifteen, being an increase of five hundred and ninety volumes since
the first of May last.

We have many hundreds of Magazines and periodicals, not included
in the above estimate ; (a large supply of daily and weekly newspapers
from various parts of our own, as well as other countries ; in fact,
through the kindness of editors and publishers, our reading matter
relating to the current affairs of the day, is as complete as in our
remote position we could reasonably expect. I cannot more under-
standingly bring to your knowledge the continued increase of our
Association, than by giving a statement of the books taken from the
library during a portion of the past year ; and commencing with the
opening of our rooms in our present location, we find that there have
been delivered by the librarian to readers, who have removed the
same to their residences, books as follows, through the several months,
say—March, 103 ; April, 172 ; May, 166 ; June, 244 ; July, 316 ;
August, 346 ; September, 387 ; October, 483 ; November, 598 ;
December, 556 ; showing the remarkable increase of from one hun-
dred to more than jive hundred within a period of ten months.

This fact, of itself, is a convincing proof of the signal success which
has attended our efforts to create a taste and disposition among our
citizens to attend our rooms, read our books, and render us such assist-
ance as their presence, the use of their means, and their influence
were calculated to afford us.

We have derived much benefit from the appointment of an agent
in the city of New York — Mr. C. B. Norton — who has kindly con-

sented to supply us with new publications, and to take charge of and
forward to us whatever may be entrusted to his care.

Our receipts by donations during the past few months have been
quite large. The following are the names of some of those to whom
we are indebted in this respect — to all of whom, on behalf of the
Association, I beg to tender my grateful acknowledgement for their
liberality.: —

Hons. Thomas H. Benton, James Savage, John B. Weller, Wm. M.
Gwin, A. C. Dodge, R. C. Winthrop, J. A. MacDougal, M. S. Laih-
am, Edward Everett, C. K. Garrison ; Messrs. Halleck, Peachy,
Billings & Park, Tilden & Little, Britton & Rey, De Witt & Harrison,
Farwell & Curtis, W. H. J. Brooks, F. W. Macondray, William
Wood, C. J. Dempster, Theo. Payne, J. H. Purkitt, H. C. Seals,
H. C. Clark, Washington Bartlett, David S. Turner, Henry A. Har-
rison, W. H. Stevens, A. Thomas, Frank D. Stewart, P. B. Corn-
wall, Wm. Blackburn, C. C. Wisner, David Jobson, G. W. Murray,
Jonah Drake, Richard Rising, G. W. Tickenor, M. Bixley, J. W.
Sullivan, P. C. Egan, J. S. Hittell, J. Coolidge Stone, A. G. Randall,
John J. Tayker, H. Benham, Thos. C. Downer, Lawrence Phillips,
Edwin Lewis, T. W. Sutherland, C. C. Southard, M. M. Noah, H.
La Reintne, Wm. Baker, Jr., D. Hale Haskell, Joseph W. Finlay,
George H. Davis, Wm. R. Wadsworth, Conrey, J. P. Haven, J. Smith
Homans, Luther Severance, L. L. Blood, John Perry, Jr., Nathan
Scholfielcl, Thos. A. Mudge, James Holden Lander, Charles L. Strong,
A. G. Lawrence, W. A. Macondray, F. C. Ewer, Thos. Tennent, J.
H. Rider, Capt. John F. Schander, Capt. Wm. MacMichael, Capt. E.
S. Coffin, Capt. Cressy, ship " Flying Cloud," Alta California, Pacific,
James Lenox, Esq., New York City; B. B. Burt, Esq., Oswego, New
York; C. C. Rafin, Esq., Copenhagen, Denmark, by Joseph Frontin,
Esq.; F. A. Woodworth, Esq.; Rev. W. A. 'Scott, A. D. Bache,
Esq., United States Coast Survey; Smithsonian Institute, New York
Society Library, New York Mercantile Library ; together with many
others, whose names appear on our books, recorded as patrons of our
Association.

My limits will not allow me to particularize all the individual favors
we have received through the kindness of many friends who have
materially assisted us by their donations.

The course of lectures commenced during the past season were not
as successful as we could have wished ; nor were they generally well
attended, and the disinclination for this kind of instruction was such
as to induce a suspension of the course, to be renewed again, however,
when the public taste shall be more in favor, and public amusements
less numerous and less attractive to our people. The debates which
have been held at our rooms have occasionally brought forward subjects
of much interest, and have generally been conducted with a degree of
ability highly creditable to those concerned in them, while the nature
of the subjects introduced have stimulated our readers to a critical
examination of books of reference and history, as beneficial to their
particular purpose as it was to their general stock of knowledge upon
such subjects as might be brought before them. I should do injustice
to my own feelings, as well as to the gentleman of whom I am about
to speak, if I did not allude to the very efficient aid we have received
from our librarian, Mr. Horace Davis ; and although he has, to a con-
siderable extent, been relieved in his duties by his faithful assistant,
John J. Tayker, yet, when we take into consideration that in addition
to his constant service in the library, he has arranged, written out,
and corrected our catalogue, which was to be compiled after a careful
examination of each work in the library, we shall place a proper estima-
tion upon the value of his services ; this being the first catalogue, and
without means at hand for assistance, which misrht have been obtained
in other cities, rendered it a work of much labor.

The establishment of libraries, from the earliest days down to our
own times, is a subject which has engaged the attention of wise and
good men of all countries ; and the advantages to be derived from
such institutions are especially adapted to our own State and peo-
ple, and we have before us, in the establishment of our own Associa-
tion, a proof of the favor with which our enterprise is looked upon by
that class of our community of whose approbation we should be proud
to be the recipients, and whose encouragement has not failed to give
us strength in our most trying condition.

In this connection, I beg your indulgence for a few moments, while
I digress from the subject before us, and notice matters bearing close
analogy to that which we are now considering.

I conceive our public schools, public libraries, and our public press

the three great engines which control the destinies of our people, and
give distinctive character to citizens of the United States. In our
public schools our children are trained with such care and with such
success, that they enter with a peculiar fitness upon the higher
grades of intellectual attainment, as they are to be found in our public
libraries, which, in the present arrangement of our literary institutions,

■J #

seem to be so organized as to be admirably adapted to the extension of
that condition of intellectual acquirement of which our public schools
are only preparatory. And it is through the machinery of the public
press that the intelligence which is acquired in our schools and libra-
ries is disseminated through all portions of our country, giving char-
acter and influence in a degree corresponding to the extent and
respectability which is assumed by those having it in charge.

But I return to the consideration of our subject, and although I am
sensible of the liberality with which our efforts have been met by our
citizens, I cannot dismiss from my mind that many of them are not
aware of the value of our Association, or the extent of time and ex-
ertion which has been necessary to bring it to its pre,sent prosperous
condition, and will trust that their liberality will be continued, and
their interest in its welfare so increased as to give a wider range to
its usefulness and prosperity.

Some attention has been given to the subject of creating a "Build-
ing Fund," in order to enable the Association to take the necessary
steps towards procuring a building adapted to our accommodation, and
arranged upon such principles as would not only accommodate our
members, but at the same time reduce our expenses for rent, if not
even be made to produce an income. This subject is of great interest
to us, and will receive the careful attention of those gentlemen to
whom its consideration has been committed ; and I trust that in their
wisdom they may be able at no distant period to bring the matter for-
ward in such manner as shall meet the views of our friends.

Our institution at present is but a miniature of what it is to be, and
perhaps may be thought of as a matter of too trifling importance to
be the subject of an annual report ; but our desire is, to attract atten-
tion to our real condition, and to the objects we wish to accomplish.

The education of young men destined to become merchants, or in
any manner connected with commercial pursuits, is a subject which

should command our first attention ; it is through them, and by their
various associations, that our successors are to be brought in contact
with people of distant countries, and through their means, civilization,
with its attendant blessings, borne upon the wings of Commerce, is to
be conveyed to those benighted regions which are yet without its
elevating influences — the delights of civilization, or the hopes of im-
mortality, through the glorious system of Christianity. I would now,
in conclusion, ask your attention while I refer to matters of a personal
character, and to circumstances connected with my retirement from
the official position which, through your kindness, I have been permit-
ted to occupy during the past two years.

By a wise provision in your constitution, I was ineligible to re-elec-
tion at the close of the present year, having served the full constitu-
tional term ; but were this not so, I could not consent again to devote
the time necessary to a performance of the duties required, while I
was aware that many others among your members were better calcu-
lated to promote the interests of your institution, and better able to
devote the time necessary to a performance of the duties devolving
upon the president. And it is matter of congratulation that your
choice has fallen upon a gentleman in every way calculated to pro-
mote your best interests — one who is competent, willing, and energetic,
and to whom you may look for such attention as will insure success
and prosperity beyond that which you now enjoy.

Many of you are aware that in November of last year I left San
Francisco on a visit to the Atlantic States, and that at the regular
monthly meeting previous to my departure, my resignation as Presi-
dent of your Association was brought forward, which, however, the
meeting refused to accept, resolving at the same time that I should
retain my official position and represent your interests where ever it
should be in my power to promote measures connected with your pros-
perity. This evidence of your confidence and proof of your kindness
induced its withdrawal, but with the full expectation that I should be
relieved from my duties, by the election of a new president at the
close of the year.

My surprise was great at hearing of my re-election while continuing
my visit, and gratified upon my return here, to find the improvements
which had been effected during my absence ; the removal to the rooms

as occupied at present ; the increase of members, improuement in
financial affairs, and general condition of prosperity, rendered it evi-
dent to me that by judicious and energetic action, you were too firmly
established to admit of any doubt of your future success.

And now, gentlemen, having partially and imperfectly reviewed our
transactions for the past two years, and being about to take leave of
you in my official capacity, and surrender into other hands the execu-
tion of those duties which I have endeavored to fulfill, I feel that I
cannot close my remarks without calling to your minds the improve-
ment we discover in our Association, in a social view, independent of
our moral and literary advancement.

Those of you who were among the first in this enterprise will well
recollect how frequently it was necessary to adjourn our monthly meet-
ings for want of a constitutional quorum, and how small the number of
visitors at our rooms, as compared with the present — indeed the most
striking feature of encouragement is, that we now find our rooms well
filled with visitors every evening, quiet, respectful, and attentive, giv-
ing their time and attention to the cultivation of their intellectual
faculties, and thereby avoiding the dangers to which they must neces-
sarily be exposed by indiscriminate participation in our places of public
amusement and entertainments, and the many allurements connected
therewith. This is matter of great gratification ; and in a few years
we shall look back upon our efforts in the establishment of this institu-
tion with satisfaction at having taken at least one step towards improve-
ment of the moral and intellectual condition of the citizens of our
young and enterprising city.

I cannot refrain from giving expression to my grateful feelings for
the many acts of kindness, the ever respectful attention, and the per-
fect obedience to rules, as exhibited towards me by the members upon
all occasions. This has been to me peculiarity gratifying, and has
so fastened upon my heart that I shall not be unmindful to the last day
of my life.

To the Board of Directors, and to the officers with whom it has
been my privilege to be associated, I cannot find language to give ex-
pression to the great gratification I have experienced during my
co-operation with them — during all the trials and vexations we have
passed through in the establishment of this enterprise, we have ever

found, upon every occasion, that the execution of a duty called forth
the best feelings of all concerned, and no objection, or disposition to
shrink from service has ever been indulged in by any member of the
Board, from our organization down to the present time.

It has been by this concert of united action by the Board of Direc-
tors, a fixed determination on their part to succeed in our undertaking,
and assisted by the liberality of our citizens, that we find ourselves
to-day in the enjoyment of a library and rooms which would be credi-
table in any Atlantic city of equal size — free from debt, with money
in our treasury, and composed of members of such character and
standing as to give warrant to the realization of our most sanguine
expectations as to the continued prosperity of our institution.

And thus, gentlemen, however unworthily I may have performed
the duties which your confidence has entrusted to my care, or however
unacceptably I may have presented this report, the last of my official
acts, with a full and perfect assurance of the continued and increasing
prosperity of your Association, so endeared to me by my connection
with it from its commencement, and in the hope that the same unanim-
ity which has prevailed in your councils during the past two years will
continue for the future ; and with my sincere thanks for your attention
upon this occasion, I now resign my position into the keeping of my
worthy successor, and relinquish to him the execution of those duties
which, as President of your Association, have occupied my attention.

DAVID S. TURNER.

THIRD

ANNUAL REPORT

OF THE

PRESIDENT

OF THE

mmtlk Jffirrarn ^wxtMxm,

S^N FEANCISCO

MADE

JANUARY, 1856.

SAN FEANCISCO:

CHARLES F. ROBBINS & FREEMAN, PRINTERS,

CORNIR OF CLAY AND BATTERY STREETS.

1859.

LIST OF OFFICERS

OK THE

ertanfih f ibraru %B$athtnrtf

FOB 1855-6.

President:
HENRY M. HALE.

Vice President :
WM. H. STEVENS,

Treasurer :
SPEAR RIDDELL.

Rec. Sec'y:
3. H. GARDINER.

Car. Sec'y :
P. A. WOOD WORTH.

Directors :

J. H. PLJRKITT, R. D. W. DAVIS,

IRA P. RANKIN, R. E. BREWSTER,

A. W. McKEE, W. A. MACONDRAY,

J. B. NEWTON, J. M. COUGHLIN,

W. R. WADSWORTH.

ANNUAL REPORT

OF THE

PRESIDENT

OF THE

ttmtilt liters %*mhtm of $m itmtmn.

In behalf of the Board of Direction, I have pleasure in sub-
mitting to the members at large, some notes of the condition and
progress of our Association. #

The number of Books belonging to the Library is nearly lour
thousand. Increase since last year, six hundred and sixty-four vol-
The classification of Books on our shelves is as follows :

umes.

and Fiction, 394, «

Law, Politics and Jurisprudence, 335, or about 8 per cent.

Romance and
Belle Lettres,.
Science
History,.

,...257, " " 6 '" "

" """ OKfi u " 6 " "

Science and Philosophy, ^00>

252, " " 6 "

246 " " 6 " "
Biography, ' „ .. ,.

Travels, ^D'

Religion, z^> , °

Poetry and the Drama, 1JJ'

Works of Reference, 3«> ^ u ^ (< u

DuPlicates' U6' u .. 4 « «

Invoice not landed, x*">

Periodicals, bound, °^' ■

Miscellaneous, ....oat,

Total, 3,979 volumes.

The Periodicals are, many of them, of ancient date, and valu-
able as being nearly out of print.

The Books classed as Miscellaneous, are, upon the average, ot
the higher order of authorship, including the collated works ot
Statesmen, Jurists, and Philosophers. _ %

The funds on hand, which are of recent accumulation, justity
an immediate and liberal increase of the Library by the succeed-
ing Board of Direction.

The whole number of readers of the books of the Library, dur-
ing the year, was five hundred and thirty-eight. Strangers intro-
duced, one hundred and six.

The number of books taken out, during the year, was eight
thousand three hundred and sixty-seven, classified as follows :

Romance and Fiction, 3,626 volumes, or about 43 per cent.

Travels, 1,240 » " " 15 " "

Biography, 943 " " " 11 " "

History, 887 " " " 11 " "

Science and Philosophy, 345 " " " 4 " "

Miscellaneous, (Standard Works,) 336 " " " 4 " "

Essays and Criticism, 277 " " " 3 " "

Poetry and the Drama, 246 " " " 3 " "

Periodicals, bound, 250 " " " 3 " "

Religion, 122 " " « 2 " "

Law, Politics, and Jurisprudence, 95 " " 1 " "

The average withdrawn per month was six hundred and ninety-
seven. The average of the monthly withdrawals of the previous
year was but three hundred and thirty-seven. The increase of
reading during the past year is, therefore, shown to have been a
hundred per cent., or more, over the previous year.

It has sometimes been charged that too large a proportion of
our books are of the class denominated light literature ; reference
to the classification already given, and a comparison of this table
with that of the withdrawals by readers, will show that, if our
supply is to be regulated by the demand, this allegation is incor-
rect. The percentage of Works of Eomance and Fiction belong-
ing to the shelves of the Library is about ten per cent., while for-
ty-three per cent, of all the withdrawals by readers have been of
this class. An examination of the book-shelves will, at any time,
reveal a large number of works of the highest order of literature
wearing a domestic stay-at-home look, while the gaping vacancies
in the departments of "Romance, Humor, and Fiction" indicate
that their fashionable proprietors have so extensive an acquaintance
as to require to be ever abroad. A majority of our readers are
actively employed during the day, and it is not unnatural that a
craving for light mental recreation should dictate the choice of the
novel for a leisure hour. "Without doubt, as the pursuits of our
business population become more regular, and the restlessness and
excitement incident to a new country give place to a settled and
domestic principle of life, and as the influences of the Pulpit, the

Press, and the Family, gather strength and effect in improving
public morals and in developing popular intelligence and senti-
ment, a change for the better will take place in the reading of our
members. It must be borne in mind, however, that books of a
light character are read much more rapidly than those of a higher
order, hence the numerical disproportion of books of fiction (forty-
three per cent.) taken from the Library, should be considered with
some grains of allowance ; besides which, the other classifications,
although divided under ten heads, and thus showing under each a
small percentage, show in the aggregate fifty-seven per cent, of
the entire reading, and chiefly in the instructive, useful, or stand-
ard departments of letters.

I am happy to say that I do not know of an objectionable book
in the Library, judged by the ordinary moral standard. The rare
private library of a gentleman of fastidious and curious taste,
(Gen. Hitchcock), formed an excellent nucleus for our collection.

The course of Lectures, now in progress of delivery, has been
highly successful, both in the demonstration of local literary talent
and public taste, and as a source of revenue to the Association.
As the first systematic and popular course of lectures given in our
city, and liberally supported, we may cherish the hope that our
efforts have initiated here a system of intellectual communication
which will be as beneficial and gratifying in its results and influ-
ences to and upon our community, as the same system has proved
in older States and countries.

The amount received for tickets, for the course of Lectures, is
$3,074.

The Lectures delivered, or yet to be given in the course, are as
follows :

1. By Rev. Dr. Scott, on Commerce and Letters. Poem, by Frank Soule, Esq.

2. By Dr. C. H. Raymond, on Chemistry.

3. By George W. Minns, Esq., on Japan.

4. By John A. Wills, Esq., on The Proscription of the Chinese.

5. By Joseph W. Winans, Esq., on The Dignity of Labor.

6. By Hon. E. D. Baker, on Books.

7. By Dr. W. 0. Ayers, on The Unity and Perfection of Design in the Creation.

8. By Rev. Wm. Spear, on Ancient Babylon, the first Metropolis of Commerce
and Learning.

9. By Wm. W. Shepard, Esq., on Aristocracy.

10. By Rev. M. C. Briggs, on Idleness, the Result of the Poverty of Ill-Governed
and the Wealth of Well-Governed States.

11. By Hon. Wm. Duer, on American Civilization.

The Lecture system, in maturer communities, has received the
support of the most distinguished men of letters. May our citizens
and literary and professional men, encourage and extend what our
Association has begun.

The number of paying shareholders and subscribers is about
four hundred and fifty ; the coming election will probably increase
the number. The last Annual Report showed four hundred and
eighty-two paying members and shareholders, but the statement
was made up immediately after election. The shareholders and
subscribers are about equally divided. There are fifty-six life and
forty-four honorary members ; thirty-two shares were issued during
the year. The whole number of persons who have joined the As-
sociation, since its organization to the present time, is about 1,000.

The Treasurer's Report is gratifying :

Amount on hand at the commencement of the year, §1,681 77

Received from all sources during the year, 9,411 86

Total, $11,093 63

Total disbursements, paid or audited to be paid, 9,104 22

Balance to new year, all bills being provided for Si, 989 41

About $500 of the disbursements of the year, were upon bills in-
curred the previous year, 1854, and do not properly belong to the
expense account of 1855.

It is a fact scarcely known to members, that the ordinary in-
come of the Association from dues, sale of shares, and life mem-
berships, does not equal the ordinary expenses. The receipts from
ordinary sources, during the past year, were but $5,837 61. Do-
nations and income from lectures are not included in this sum.
The expenses, not including purchase of books or expense of lec-
tures, were $7,964 22. Here, then, is a deficiency of $2,126 61 in
the legitimate and regular income, as compared with the current
working expenses of the Association. It is evident that the reve-
nues of the institution must be increased, or its expenses diminish-
ed. Donations and profits on lectures should only be depended
upon, and only be used, to increase the Library or to accumulate a
fund for the purpose of some time building an edifice that we can
call our own.

An increase in the rates of initiation fees and monthly dues
would be an unpopular measure, and would probably result in no
enlargement of income, but rather in a diminution of subscribers.
Every attempt at a wise economy has been made by the Board of

Direction, and but little can be saved by reduction of expenses.
Our rooms are much too cramped, even for present uses, to admit
of our going into smaller ones, and the rent has been reduced, by
repeated solicitations, till the proprietors declare that they will
concede no farther. What then is to be done? Let our members see
the importance of effort, and zealously determine to exert them-
selves, each and every one, to add some new members to our roll.
Our community is increasing in numbers and wealth, and it would
ill befit the nerve and vigor of a society composed of men of its
most enterprising classes, to shrink from a high aim and purpose
and to retire within more contracted bounds of influence and use-
fulness. On the contrary, we should be ever looking to the exten-
sion and development of our enterprise. It may be advisable to
draw up a pledge roll, upon which each one of our associates will
guarantee to introduce one new member or more. If a combined
effort were made, the labor would not be great to any individual,
and the aggregate addition to our ranks would be very great.

The Directors have been fully impressed with the importance
of securing more commodious and attractive rooms, and have made
many, but thus far ineffectual, endeavors to accomplish so desira-
ble an object. While this measure would entail increased expense,
it cannot be doubted that great numbers would be added to our
list of subscribers, and a new impulse be given to our Society and

its objects.

The possession of an ample Conversation Boom would add
much to the social advantages of our Association, and, in my mind,
this characteristic deserves special aid for its development. Our
limited accommodations have ever served as a bar to friendly in-
tercourse among associates. More liberal accommodations would
also admit the formation of classes or clubs for practice and enjoy-
ment in debates, and the contribution and reading of essays and
literary compositions by members, and, to our younger associates,
the advantages of such recreations would be very great.

It is the earnest wish of the warm friends of our enterprise,
that a more general interest, social, literary, and progressive, should
be awakened, and that the affairs of the Association should be
participated in by the associates at large, as well as by the board
of management.

It is my duty to chronicle the liberal donation of five hundred
dollars, given to the Association by William II. Aspinwall, Esq.,

of New York, on the occasion of his visit to this country last snminer.

Our late worthy and efficient Librarian, Mr. Horace Davis, re-
signed his post in December last, and Mr. E. De Sola was appoint-
ed by the Board of Directors as his successor. I take pleasure in
recommending this gentleman as every way entitled to your confi-
dence and approval, and also bear testimony to the faithfulness of
his assistant, Mr. John J. Tayker.

The gentlemen of the Direction, with whom I have enjoyed a
year of genial intercourse, are entitled to my warmest thanks, and
to yours, gentlemen associates, for their assiduous zeal in our com-
mon cause, and I have, moreover, occasion to thank you all, gentle-
men, for your cordial support and cooperation.

In closing, gentlemen, I congratulate yon upon the prosper-
ous condition of your Association at the close of this official year.
"With a larger net balance in the Treasury, all debts paid, than
we have ever yet had, being some $2,000 — with a Library of
books and a membership roll much increased over any previous
period — the lecture project, (so long doubtful,) successfully carried
out — the reading of our members doubled since last year — and
all this during a twelve-month of general commercial and financial
embarrassment, you certainly have just cause for pleasure in the
success which has marked the growth of the pioneer library insti-
tution of the great and growing metropolis of the Pacific. But
your chief source of pleasure and pride, is not that our institution
is now of commanding importance and influence — it is not that
our small Library is any reservoir of intellectual and moral waters
wherewith to cleanse and refresh the present sad and proverbial
defilement of our social and political body as a people — it is not
that we, gentlemen, are sensible of deriving from, or conferring
by, our Association, more than a moderate degree of social and
intellectual enjoyment — but it is, that you have laid the founda-
tion of a future great and beneficent institution, and have demon-
strated its continued success, its rapid and healthful growth, and
that your prophetic eye penetrates the dim haze in the great future
of our Western World, and sees the temple which your hands have
erected, rising higher and yet higher into the atmosphere of a new
and reformed, a clearer and purer intellectual and social life, still
bearing upon its pediment the aspiring motto — Excelsioe.

HENKY M. HALE,

President Mercantile Library Association.

FOUKTH

ANNUAL REPORT

OF THE

PRESIDENT

OF THE

erantile Jikarg %ssmnihtf

OF SAN FRANCISCO,

WITH A LIST OF OFFICERS FOR 1857-58.

SAN FRANCISCO:

WHITTON, TOWNE & CO'S EXCELSIOR STEAM PRESSES,

NO. 151 CLAY STREET, NEAR MONTGOMERY.

1857.

LIST OF OFFICERS,

IFOIR 1857-58

-•4— •••—»-

IRA P. RANKIN.
ANDREW W. McKEE. JULES DAVID.

H. D. OLIPHANT. J. M. SHOTWELL.

P. VERPLANCK, Jr. T. J. LAMB,

C. H. RAYMOND, GEOKGE HOWES,

M. J. BURKE, WM. ARRINGTON,

SAMUEL HUBBARD, BENJ.- HAYNES,

W. F. PARKER.

ANNUAL REPORT.

Gentlemen of the Mercantile Library Association:

In compliance with Sec. 4 of Art. vn of the Constitution, it
becomes my duty to report to you "the general doings of the
Association for the past year, and to suggest such measures
for your consideration as may seem best calculated to promote
its future success and prosperity." In the performance of
this, my last official act of duty in connection with the office
you did me the honor to confer upon me, permit me first, to
warmly congratulate you upon the unexampled success of
our young Association, and the proud position it has attained
in the short space of four years, among the literary institu-
tions of the country. The little bantling, whose infant
footsteps you guided and directed with so much care, has
become a strong and vigorous youth, who is pushing hope-
fully yet boldly forward, to a long career of manhood and
usefulness.

The establishment of Mercantile Library Associations in
our sister cities at the East, has ever been attended with
difficulties and discouragements at the outset, and there is
not one among them all whose early history can show, at the

same stage of progress, a more satisfactory result than is
presented by your institution to-day. You have had many
serious difficulties to contend with, and many obstacles to
overcome in your up-hill course ; but you have manfully
struggled with them all, and your labors and exertions have
been satisfactorily rewarded.

The whole number of books withdrawn from the library
by readers during the past year was 10,466, classified as
follows, viz :

Romance, 4,548

Biography, 1,157 ,

Travels, 1,422

rfistory, 922

Belles Lettres, 789

Arts and Sciences, 341 ,

Poetry, 404

Law and Politics, 117

Religion, 69

Bound Periodicals, 2G2

Miscellaneous, 435

or about

per

cent.

less than

or about

2 1-2

per

cent.

Total, 10,466 volumes.

Showing an increase over the previous year of 2,099 — the
number of books withdrawn during that year having been
8,367. The delivery of books from the Library was neces-
sarily suspended during about one-half the month of Decem-
ber, in consequence of the removal, etc. ; or the result would
have shown a still larger increase than is here reported. It
displays as it is, however, a most gratifying state of affairs,
showing an increasing interest in the institution on the part
of its members, and a steadily increasing taste for intellec-
tual pursuits in our community generally.

The number of books added to the library during the
past year, by purchase and donations, was 2,302 volumes.

The whole number of books now on the shelves of the
library is 6,135, classified as follows, viz :

Romance, 730

Biography, 398

Travels, 407

History, 431

Belles Lettres, 391

Arts and Sciences, 386

Poetry, 287

Law and Politics, 340

Religion, 274

Bound Periodicals, 682

Miscellaneous, 526

Newspapers, bound, 73

Scott's Lectures, 362

There are likewise from four to five hundred valuable pam-
phlets, embracing statistical reports, etc., many of them
relating to California, all of which possess more or less inter-
est for the general reader.

The reading rooms are supplied with the best and latest
atlases, globes, etc.; the books of reference are so arranged
as to be at all times accessible to the readers, and the walls
of the rooms and halls are hung with many valuable maps
and engravings, besides a beautiful collection of paintings,
nearly one hundred in number, which I shall hereafter refer to.

One hundred and twenty newspapers, from all parts of the
world and in many different languages, are on file in the
reading and conversation rooms ; and the tables are regu-
larly furnished with upwards of forty magazines, reviews
and periodicals. In the smoking and conversation room
tables for chess, draughts and backgammon are provided for
the amusement of the members, which add much to the
attractive features of the institution.

The library, though carefully and judiciously selected, is
still sadly deficient in several classes of literature, and to
this subject I beg particularly to call the early attention
of the new Board of Directors. The collection of standard
works of modern fiction and romance is entirely inadequate
to the demands of the readers. By a reference to the sta-

tistics before related, you will observe that the proportion
of this class of books in the library, numbering 730 in all,
is but about twelve per cent; while the number withdrawn
by readers is about forty-three per cent., being 4,548 vol-
umes. I would therefore recommend a material increase in
this department, and also a considerable increase in the de-
partments of history, arts and sciences and travels.

Much care and attention has been bestowed upon the
preservation and binding of regular files of the San Fran-
cisco daily newspapers, seventy-three volumes of which are
now upon your shelves. There is no estimating the immense
prospective importance of this department of your library,
increasing in value and interest as it naturally must from
year to year ; and I trust it may be carefully cherished by
each succeeding administration. The present collection
comprises files, nearly complete, of every newspaper which
has ever been or is now published in San Francisco, present-
ing a mirror of passing events which will be invaluable to
the future historian of California, and of the deepest inter-
est to all.

The following statistics will serve to show you the condi-
tion of the Library at the end of the year, commencing with
the period of its organization in January, 1853. The nucle-
us of the Library was formed at that time by the purchase
of the private library of General Hitchcock, numbering in
all some 1,500 volumes.

No. of vols, at date of First Annual Keport, January, 1854,. . 2705,

No. " " Second " " " 1855,.. 3315.

No. " " Third " " " 1856,.. 3833.

No. " " Fourth " " " 1857,.. 6135.

These figures certainly show a highly gratifying result
and speak most encouragingly for the future. In your pres-
ent prosperous condition, and with your increased and in-

creasing facilities, there is every reason to believe that your
Library will contain nearly ten thousand volumes, at the
date of your next annual report.

Many valuable donations have been made to the Library
during the past year. The following are the names of some
of those to whom we are thus indebted ; — to one and all of
whom I would here tender, in behalf of the Association, my
warmest thanks for their substantial liberality, and for the
kindly feelings they have ever evinced for the best interests
and welfare of our institution.

Wm. Gouverneur Morris

T. S. Miller

Bishop Kipp

H. C. Beals

Capt. Wm. MacMichael

Hon. P. A. Roach

P. Dillon, late Consul of France

Hon. J. A. McDougal

E. H. Howard

J. McMullen

Hon. J. B. Weller

J. Hastings Grant

Hon. P. T. Herbert

T. Boyce

Hon. J. W. Denver

Hon. David S. Douglass

W. D. Bagley

H. H. Moore

Rev. Dr. Scott

Capt. Madison

M. M. Noah

C. L. Tucker

C. Suarez

James Linen

C. J. Dempster

W. R. Wadsworth

T. F. Mitchell

L. L. Blood

C. S. West

Dr. C. H. Raymond
E. H. Hale
Henry Johnson
J. A. Ferris
J. W. Shoemaker

E. De Sola
Professor Bache

F. Vassault
J. R. West
J. C. Davis
J. S. Hittell
J. H. Purkett
M. A. Breed

D. E. Webb

J. H. Gardiner

S. Colville

Messrs. Barry & Patten

D. W. Chauncey

H. D. Oliphant

H. M. Hale

Henry La Reintrie

T. O. Larkin

Hon. R. C. Winthrop

Benj. Haynes

G. & C. Merriam, Springfield

W. E. Brown Chamber of Commerce, S. Fran.

Mercantile Library Association of Cincinnati.
" Alta California" newspaper, and the city and country press generally.

The whole number of members belonging to the Associa-
tion at the present time is 1250 viz :

Life Members 84 Share' Holders 554

Honorary Members 62 Subscribing Members . . . 550

Total, 1250

Showing an increase of about three hundred and fifty
members since the date of the last annual report. As the
collections for the present quarter have not yet been com-
pleted, it is impossible to report the exact number of paying
members, but from a careful estimate made up from the
books it may safely be put down at eight hundred and fifty,
which will make the revenue of the present quarter for dues
alone, from present members, $2,550 ; add to which the
estimated amount to be paid for initiation fees and dues by
new members during the quarter, say $450, and the quar-
terly revenue will amount to $3000.

The whole number of members who have enjoyed the
privileges of the Association since the date of its organi-
zation is 1486.

The estimated current expenses of the institution will
amount to about $650 per month, or $1,950 per quarter,
leaving a clear surplus of $1,050 per quarter, after paying
all expenses ; which amount may be entirely appropriated to
the purchase of books.

The total amount of receipts, from all sources, by the
Treasurer, during the year, including a balance of $1,896 41,
transferred at the commencement of the year by the former
Treasurer, was $12,196 41

Total amount of disbursements for the year 8,989 27

Leaving a cash balance in the hands of the
Treasurer of $3,207 14

In addition to this amount there is a balance of cash in
the hands of the Librarian of $250; a due bill, for account
of Life Membership, of $50 ; and a balance of over $400
yet to be collected from members, for dues for the present
quarter; making a grand total of about $4000, now at the
disposition of the incoming Board of Directors, $2,000 of
which, I would recommend, should be immediately remitted
to your agent in New York for the purchase of books.

The following named gentlemen have become Life Mem-
bers of the Association since the date of the last annual
report :'

George O. Whitney Wm. R. Garrison

George Hudson H. H. Halleck

i.-v

Wm. Gouverneur Morris Wm. M. Burgoyne

Henry M. Hale W. C. Ralston

J. H. Coghill H. C. Macy

Jonas B. Clark H. S. Gates, M. D.

Samuel J. Hensley G. W. Beaver

J. P. Raymond J. Gennella, Jr.

W. A. Gibbons Urban P. Hutchings

J. Mora Moss A. L. Tubbs

Theodore F. Moss G. B. Post

I. H. Ham John Roach

N. B. Dilhorn Wm. H. Talmage.

The increasing extent of the library and the constant
accessions to its list of members during the past year, ren-
dered it absolutely imperative that more extended accom-
modations should be provided to meet the growing wants of
the institution. The rooms in Montgomery Block, which
were amply spacious at the period of their first occupation,
for the small library and its limited number of readers at
that day, were found to be entirely inadequate to accommo-
date the increasing requirements. More room was required
for library shelving, and a much larger space was needed to
properly dispose of the newspaper and periodical literature,

and to comfortably accommodate the increased number of
visiters who crowded the reading rooms. With this view a
committee, consisting of Messrs. Coghill, Oliphant, Bailey,
Howard and Kittle, was appointed in October last by the
Board of Directors, to search for more suitable quarters.
The committee found it a difficult task to perform, to pro-
cure, in a central position, the requisite accommodations at
a rate of rental that would come within the limited means of
the institution. Several propositions were received from
property holders, and among others one from Messrs. Pioche,
Bayerque & Co., which was accepted by the Board, the
result of which was the leasing of the spacious and beautiful
rooms, now occupied by the Association, for the term of two
years, from the 15th December, 1856, at a rent of $175 per
month. Immediate steps were taken for the properly fitting
up and furnishing the new apartments, which had been
placed at the disposition of the committee some ten days
before the commencement of the term of the lease ; and on
the 16th of December the rooms were thrown open to the
members, and to our fellow citizens generally, who were
invited to visit them. Much credit is due to the committee
before named, for the careful, judicious and tasteful perform-
ance of the duties devolved upon them. They deserve, and
I am sure they will receive, the warmest thanks of the
Association.

For the many beautiful works of art which embellish the
rooms you are indebted to a number of our public spirited
and generous hearted citizens, who feel a deep interest in
the success of your institution. The Hon. V. I. Fourgeaud
has entrusted to the care of the Association his entire pri-
vate collection of paintings and some rare bronzes, collected
by himself during his recent visit to Europe. Some of the
paintings are of great value and add much to the attractive

features of the rooms. The large and valuable picture rep-
resenting the interior of the United States House of Repre-
sentatives in 1822, was deposited by W. C. Annan, Esq.
This painting was executed by Professor Morse, the man
who has since won immortal honors for himself and his coun-
try, by the invention of the electric telegraph, and is highly
interesting as a great national historical picture. The like-
nesses of the members of the House, painted from life, are
said to be strikingly correct, and the painting has received
much commendation as a work of art both in Europe and
America. The large full length picture of Washington,
copied from Stuart's original painting, by the daughter of
the artist, was deposited by R. I. Stevens, Esq. ; and Charles
Carl, Esq. has deposited an exquisite original painting by
Nahl, which has won the admiration of all who have seen it.
In addition to these interesting objects which have been
entrusted to your care, there have also been some valuable
donations of works of art to the Association, during the past
year ; among which are the four beautiful steel engravings,
india proofs, copied from " Cole's Voyage of Life," presented
by the Rev. G. Abbott, of New York, through his friend, the
Rev. S. H. Willey of this city. Col. Joseph Grant has like-
wise presented to the Association the full length portrait of
Murdock in the character of Hamlet, which adorns the walls
of the conversation room. This picture is from the pencil of
"W. S. Jewett, Esq., of this city, who is also finishing a por-
trait of the late James King of Wm., which he intends pre-
senting to the Association when completed. Messrs. W. H.
Stevens, Cakes & Muygridge, Wells, Fargo & Co., Charles
P. Fenderich, Esq., and others, have also presented a number
of valuable paintings and engravings.

You have now within your rooms the nucleus of a Gallery
of Fine Arts, and it should be your care to encourage its

increase by every means in your power. I would suggest
that a general invitation be extended to California artists to
deposit in your rooms their various works of art on exhibi-
tion and sale, and you may thus do much to encourage Art
while you will be gradually refining and improving the pub-
lic taste.

In connection with this subject there is another feature I
wish to suggest for your consideration, and which I deem
it important should be adopted and introduced at an early
day, and which, when once fairly engrafted on your system,
must be powerful for good among the younger members of
the Association. I have reference to the formation of classes,
from among the members of the Association, for Penman-
ship, Book-keeping, Drawing, Elocution, the ancient and
modern Languages, etc. The plan has been adopted with
great success by kindred associations in the Eastern cities,
and I have no doubt it would meet with equal favor and
success here in California. Young men of limited means
may thus be enabled at a very trifling expense to perfect
themselves in any of the branches of education wherein they
may be deficient. All the various branches might be thus
acquired at an expense about equivalent to the cost of any
one of them studied separately by an individual student.
Liberal arrangements can be made with the necessary pro-
fessors to conduct the classes, and ample accommodations can
be obtained by them on the third floor of the building now
occupied by the Association. The inauguration of this new
feature could not but have the tendency to largely increase
the number of members, as its privileges would of course be
confined exclusively to members of the Association. I trust
you will give this subject the serious consideration its im-
portance demands, for I believe there are hundreds of young
men who would be gladly willing to enroll their names upon

your list of members could this additional inducement be
offered to them.

It is confidently believed, that with proper exertions, the
number of members may be doubled during the coming year,
and it lies with you, gentlemen, to determine whether or not
so important a result shall be consummated. It requires
but a little energetic action on your part and the work is
accomplished. I do not believe there is one among you,
who could not, from his own immediate circle of acquaint-
ance find one candidate for membership, and some of you, I
am confident, with well-directed exertion could procure a
dozen. In furtherance of this object I would suggest that a
certificate of Life Membership, the value of which is one
hundred dollars, be awarded as a premium to the one who
shall introduce the largest number of new members into the
Association, prior to the first day of July next. This meas-
ure would have a tendency to create a little feeling of gen-
erous rivalry, and could not but be productive of good
results, and if it operates as favorably for the interests of the
institution as I believe it will, it would be well, occasionally
to repeat the experiment.

Your former Librarian, Mr. E. De Sola was compelled to
resign his position, early in the year, much to the regret of
the Board of Directors, on account of urgent business mat-
ters at the East, and it became necessary to look about for
some competent gentleman to fill the vacancy. So large a
number of applications were received in answer to a call
published in the newspapers, and the applicants all present-
ed such strong claims to the position, it became a matter of
no little difficulty to decide upon their respective merits.
After much serious consideration by the Board of Directors,
who carefully canvassed the qualifications of the numerous
candidates, they awarded the office to the present incumbent,

Mr. H. H. Moore, who has fulfilled the arduous, duties of the
position with great credit to himself, and to the entire satis-
faction, I believe, of every member of the Association.

The Assistant Librarian, John J. Tayker, who has been
your faithful servant almost from the first day of your organ-
ization, has been suffering from a severe illness for several
weeks past, and it became necessary to employ a temporary
substitute to perform his duties. I am happy, however,
to report to you that his health is now rapidly improv-
ing, and he will soon be enabled to resume his position.
Should it become necessary to employ the services of a
Second Assistant — and I think the increasing business of the
library will at once demand it — you will find the present
acting Assistant, above referred to, Mr. Daniel E. Webb, in
every way qualified, I believe, for the office.

The Lectures of the present course, now in progress be-
fore the Association, have been of a most interesting charac-
ter and have been attended by highly intellectual and ap-
preciative audiences. The course consists of eight Lectures,
six of which have been already delivered, as follows, viz :

I. December 15th. By Hon. Harry I. Thornton. Sub-
ject— " The intimate connection and the mutual dependence

of the various occupations of Man."

II. December 22nd. By Dr. F. P. Wierzeckt. Subject —
" The beautiful in poetry and the poetic in the beautiful."

III. December 30th. By Be v. W. A. Scott. Subject —
"Arabia, the Arabs and Mount Sinai,"

IV. January 7th. By E. G. Buffum, Esq. Subject —
" Types, Ink and Paper."

V. January 13th. By Wm. H. Rhodes, Esq., (Caxton.)
Subject — " The Pacific Ocean, in its relations to the North-
west Coast of America."

VI. January 22nd. By Hon. Thos. W. Freelon. Sub-

ject — " Some characteristics of the latest school of English
Romance and Poetry."

Two more Lectures, which will complete the course, are
yet to be delivered. One by Professor McCullough, on
Chemistry, on the evening of the 29th of the present month,
and the other by the Hon. Milton S. Latham, on the 6th
February, the subject of which latter lecture has not yet been
announced to the Committee.

The annual election for officers of the Association for the
ensuing year, was held on Wednesday, 21st December, inst.,
the day of election having been postponed by resolution,
from the Monday previous. The whole number of votes
polled was 860 ; and a spirited rivalry was evinced by the
numerous friends of the opposing candidates for the various
offices. The following named gentlemen, composing the
regular ticket presented by the nominating committee, were
duly elected.

President, IRA P. RANKIN.

Vice President, ANDREW McKEE.

Treasurer, JULES DAVID.

Recording Secretary,. ... H. D. OLIPH ANT.
Corresponding Secretary,. J. M. SHOT WELL.

Directors.
F. J. Lippitt, George Howes,

Benj. Haynes, Phillip Verplanck,

Dr. C. H. Raymond, T. J. Lamb,

M. J. Burke, William Arrington,

Samuel Hubbard.

The occurrence of this election, and the renewed interest
thereby awakened in our community in behalf of the insti-
tution, has had the happy effect of adding nearly two hun-
dred names to your list of members, whose fees of initiation
and quarterly dues, together with numerous arrearages paid

by delinquent members, amount nearly to the sum of two
thousand dollars ; a most gratifying result for the interests of
the Association, and an unmistakable evidence of its increas-
ing popularity.

In reviewing the history of our institution, gentlemen, for
the past four years, you have just cause of honest pride in
the success which has crowned your labors. Much has been
accomplished, but, gentlemen, much remains to be done. The
population of our city numbers some sixty thousand, a very
large proportion of which is composed of young men, for
whose particular benefit and improvment this institution was
especially designed. By the liberal policy you have in your
wisdom adopted, the advantages it offers may be cheaply
enjoyed by all classes of the community, and I am confident
these advantages need but to be properly known and under-
stood, to insure you a list of members which will soon be
numbered by thousands. Every additional member joining
your Association adds to its revenue, and consequently adds
to its means of usefulness. For a long space of time the
revenue of the institution barely covered its necessary ex-
penses, but you have now an income which will leave you a
liberal annual surplus, so that every additional dollar of rev-
enue may be appropriated for the increase of your library.

Go on then with the good work before you. You are
engaged in a noble cause, one worthy of your best energies.
Let your constant efforts be employed in behalf of the
Association, — to extend the area of its usefulness, and to
add to its mines of intellectual wealth ; and you will be
amply repaid for your labors, not only by the immediate
personal advantages which will mutually accrue to your
selves, but by the heartfelt thanks of thousands who will
come after you, and who will enjoy the benefits of an insti-
tution reared for them by your wisdom and liberality.

And, now, gentlemen, in laying down the scepter of office,
and resigning to my successor the proud position it has been
my honor to hold for the past twelve months, believe me,
when I say to you that I do so with no slight feelings of
regret ; a regret, however, which is more than compensated
by the feeling of pleasure and satisfaction I experience in
knowing that the mantle of office falls upon the shoulders of
one so eminently qualified to wear and to adorn it. Permit
me, at the same time, to express to you my acknowledg-
ments for the kindly courtesies I have ever experienced at
your hands ; and to the Board of Directors, with whom it
has been my happy privilege to have been so intimately
associated, my warmest thanks, in your behalf, for their
constant and unremitting attention to the duties which
devolved upon them. To one and all of them I am deeply
indebted, personally, for the kind partiality they have ever
extended to me as their presiding officer, and I beg to assure
them, that the term of our official connection forms an epoch
in my life, which shall ever be remembered with feelings of
sincere st pleasure.

FRED'K A. WOODWORTH, President.
San Francisco, January 23, 1857.
3

REGULATIONS OF THE LIBRARY.

Section 1. The Library shall be open every day throughout the
year, from 10 o'clock, A.M., to 10 o'clock, P.M., excepting Sundays, the
Fourth of July, Thanksgiving Day, Christinas and New Year.

Sec. 2. The Librarian shall keep a full and accurate Catalogue of
all the Books, Magazines, Maps, Charts and Works of Art belonging to
the Association, and arrange them in proper order ; he shall make a
record of all books and other donations presented to the Association, in a
book provided for that purpose, with the names of the donors, and make
suitable acknowledgments of the same.

Sec. 3. He shall register in a book prepared for that purpose, and to
be kept in the Libraiy Room, the name of each member of this Associa-
tion ; and shall in no case deliver a book to any member, until the name
of such member shall have been so registered.

Sec. 4. He shall enter in a book to be kept for that purpose, the title
of every volume delivered by him ; the name of the person to whom
delivered ; the time of taking and returning the same ; together with the
forfeitures arising from every default.

Sec. 5. He shall collect all dues and forfeitui-es incurred by the mem-
bers, and account for the same to the Treasurer, as herein before provided.

Sec. 6. He shall submit to the Board of Directors a monthly report,
stating the amount of moneys received and expended by him, report the
names of such members as may refuse to pay their dues and forfeitures,
or lose or damage any book belonging to the Library ; the names of all
delinquents, with the amount of dues remaining unpaid ; and recommend
the adoption of such measures as he may judge necessary for the greater
efficiency and usefulness of the Association.

Sec. 7. He shall suffer no person, excepting members of the Board,
to remove a book from its place in the Library without his permission.

Sec. 8. He shall replace the books in proper order upon the shelves,
as soon as may be after they are returned, having first examined them
with care, and ascertained whether they have been injured or defaced.

Sec. 9. He shall see that the Books, Library and Reading Room are
kept in good order ; he shall duly observe the instructions which may be

given him by the Board of Directors, and take care that the regulations
relative to the loaning of books be strictly adhered to.

Sec. 10. He shall ascertain, during the months of January, April,
July and October, by examination of the account of each member, the
book or books not then returned to the Library ; and shall cause the same
to be procured of the member in default.

Sec. 11. He shall deliver to any member applying personally, or to
his written order, one volume, if it be a folio or quarto ; and two, if
an octavo, or duodecimo, or volume of less size.

Sec. 12. Every member may detain each book or set delivered as
aforesaid, if it be a folio or quarto, four weeks ; an octavo, three weeks ;
or a book or set of less size, two weeks ; except new publications, which,
until they have been in the Library two months, shall not be detained —
an oetavo longer than two weeks, and books of less size one week, and
which shall not be renewed. No book shall be reserved by the Librarian
for any director or member.

Sec. 13. Any member who shall detain a book or set longer than the
time above limited, respectively, shall forfeit and pay to the Librarian
for every day a volume is so detained, if it be a folio, twenty cents ; a
quarto, fifteen cents ; an octavo, ten cents ; if it be a duodecimo, or smaller
volume or pamphlet, five cents.

Sec. 14. If any member lose or injure a book, he shall make the same
good to the Librarian ; and if the book lost or injured be one of a set, he
shall pay to the Librarian, for the use of the Association, the full value of
said set, and may thereupon receive the remaining volumes as his prop-
erty.

Sec. 15. No member shall be permitted to receive a book from the
Library until he shall have paid all sums due from him to the Association,
and made good all damages and losses which he may have occasioned.

Sec. 16. Books of Reference, and such others as may from time to
time be specially designated by the Board, shall not be taken from the
Library, except by special permission of a member of the Board of Direc-
tors ; provided, however, that Newspapers, Encyclopaedias, Cyclopaedias,
Dictionaries and Atlases, shall in no case be taken from the Library
Rooms.

Sec. 17. Any member wishing to withdraw from the Association,
must inform the Librarian of it, see that his resignation is registered, and
pay up his dues and fees, else he will be considered as continuing a mem-
ber, and charged accordingly, unless otherwise ordered by the Board of
Directors.

REGULATIONS OF THE READING ROOM.

Section 1. The Reading Room shall be opened every day through-
out the year, from 9 o'clock, a.m., to 10 o'clock, r.M.

Sec. 2. Loud conversation and smoking shall not be allowed, except
in the room set apart for those purposes.

Sec. 3. No member will be allowed to remain in the Library or Read-
ins: Room with his hat on.

Sec. 4. No member shall assume the liberty of arranging the books
of the Library, or periodicals on the tables, or of performing any of the
duties that devolve upon the Librarian.

Sec. o. None but members shall be allowed the privilege of the Read-
ing Room, unless introduced by a member of the Association.

Sec. 6. Any member may have the privilege of introducing a friend,
not a resident of the city, whose name shall be registered by the Librarian
in a book kept for that purpose, and who shall receive a ticket of admis-
sion to the Reading Room for the term of four weeks.

Sec. 7. No member shall be allowed the privilege of the Reading
Room, unless all dues and forfeitures incurred are liquidated.

Sec. 8. No member shall be allowed to remove papers from the files,
or books, plates, or periodicals from the Reading Room.

Sec. 9. Any member who shall mutilate the periodicals or papers
placed on the files or tables in the Reading Room, or remove them there-
from, shall be liable to fine and expulsion.

Sec. 10. No member, except of the Board of Directors, shall be
allowed inside the Bar of the Library Room.

Sec. 11. The Reading Room may be occupied exclusively by ladies
and gentlemen accompanying ladies, between the hours of 12 and 2, p.m.

Sec. 12. Should a member transgress any article in these Regula-
tions, he shall be reported to the Board of Directors, who may take such
measures thereon as they may deem expedient.

Sec. 13. The Regulations of the Library and Reading Room shall
not be altered, amended, or suspended, unless by the votes of six mem-
bers of the Board of Directors, present at a stated meeting, notice being
given for that purpose.

FIFTH

ANNUAL REPORT

OF THE

PRESIDENT

OF THE

Jtontile Jikarg g^sonahmt,

OIF S-A.3ST FRANCISCO.

WITH A LIST OF OFFICERS FOR 1858-59.

SAN FRANCISCO:

WHITTON, TOWNE & CO'S EXCELSIOR STEAM PRESSES,

No. 125 CLAY STREET, CORNER OF SANSOME.

1858.

LIST OF OFFICERS,

FOR 1858-59,

< mmm >

E. H. WASHBURN.

JOSEPH A. DONAHOE.

JOSEPH M. SHOTWELL.

MworMflig H>f curtate,
SAM'L HUBBARD.

B. WATKINS LEIGH.

Stoertons,

A. L. TUBBS, JULIUS K. ROSE,

C. H. RAYMOND, ALBERT MILLER,

THOMAS S. MILLER, R. B. SWAIN,
JOSEPH S. PAXSON, P. T. SOUTHWORTH,
JACOB B. MOORE.

ANNUAL REPORT.

Gentlemen of the Mercantile Library Association:

It has become my duty, under the Constitution, to present the Fifth
Annual Report of the Association ; to give a brief statement of its
condition and progress, and offer such hints as may seem to me import-
ant in regard to its future policy and management.

I am happy to be able to report a year, on the whole, of greater
prosperity than has been enjoyed in any similar period of our brief

history.

The whole number of books drawn from the Library during the past
year, was 17,528, against 10,466 in the previous year— an increase
of 7,062 volumes, equal to 67^ per cent.

The classification of the books withdrawn is as follows, viz :

Romance, 9674 Biography, 1549

Travels, 2077 History, 1259

Belle Lettres, 858 Arts and Sciences, 558

Poetry, 505 Law and Politics, 126

Religion, 100 Bound Periodicals, 177

Miscellaneous, 645

Total, 17528

The smallest number of volumes drawn in any one month was in
January, 1324, and the largest in August, 1637.

While the membership has not increased during the year, this large
increase in the number of readers must show either the stronger inter-
est taken in the institution, the improving taste for the means of intel-

lectual and literary culture, or the better facilities afforded by the
Library for the gratification of such a taste.

The Library at the present time contains 8,447 volumes, classified
as follows, viz :

Bomance, 1480 Biography, 683

Travels, 762 History, 789

Belle Leltres, 661 Arts and Sciences, 630

Poetry, 388 Law and Politics, 475

Eeligion, 289 Bound Periodicals, 836

Miscellaneous, 989 Bound Newspapers, 105

i Scott's Lectures, 360

Total, 8447

The number of books in the Library at the date of the last Annual
Report, was 6,135 ; so that we show an increase during the year of
2,312. Many of these are standard works, of comparatively high cost,
and all of them, I believe, add to the attractions of the Library. Be-
sides the books above enumerated, a large number of pamphlets, many
of which will hereafter prove very valuable, have been added to the
Library, chiefly by donations.

It has been the aim of the Directors that the Reading Room should
at least lose none of its attractions for those members of the Associa-
tion who are accustomed to make it a place of resort. A large number
of the leading newspapers published in the principal cities of the
United States, and in different sections of the country ; several of the
leading foreign journals ; the principal English and American Quar-
terlies ; and most of the Monthlies, are received regularly, and may
be found on file or on the tables of the Reading Room. The Room is
also supplied with many valuable books of reference, and art.

The Smoking and Conversation Room is found by experience to be
a most attractive, and therefore useful feature of the institution. It
appearing that sufficient facilities were not afforded to accommodate
all who resorted to the Rooms for the purpose of playing chess, a num-
ber of very handsome tables have been added during the year to those
already in use, and in the evening they are rarely unoccupied.

A reference to the last Annual Report will show that in accordance
with the recommendation of the retiring President, the number of books
in the department of Romance has been more than doubled within the
year. In making the disproportionate increase in that department, it
will be seen by the statement already given, that the Directors have

been quite justified by the demands of members for that class of litera-
ture. It appears that within the year the number of volumes of Ro-
mance withdrawn, is equal to a withdrawal of every volume in that
department nearly seven times. While, therefore, the additions made
in this department cannot be considered the most valuable permanent
additions to the Library, many of the books being of an ephemeral
character, still as the institution is a popular one, and must depend for
its success and prosperity upon the popular favor, it will be the duty
of the government, while the taste already indicated exists, to supply
it with needful aliment. To this end, an arrangement has been made
with Messrs. Wiley & Halstead, of New York, by which, in addition
to the orders sent forward for specific books, they are authorised to
send us at once, without order, single, duplicate, and sometimes tripli-
cate copies of new and popular works as they come out.

Yet while the government are bound thus to consult the taste of the
body of members of the Association, still it seems to me to be their
duty with wise forecast to make such additions, and to as great an
extent as a fair division of the means at their disposal will permit, of
such classes of works of standard character as will have permanent value,
and give increased dignity and usefulness to the institution.

It should be borne in mind that owing to the peculiar formation
and immaturity of California society, the membership of our Associa-
tion differs very considerably from that of Associations called by the
same name in the older communities of the Atlantic States. In New
York, Boston, or Philadelphia, in addition to " Mercantile Libraries,"
there are University, Historical Society, or Athenaeum Libraries,
furnishing special facilities for the researches of scholars and profes-
sional men. Here, however, the membership of our Association is by
no means confined to the mercantile community, but comprises also
mechanics, men of leisure, and members of all the learned professions.
Our Library is the principal one upon the Pacific coast, and probably
will long continue to be so. To as great an extent as its facilities
afford, will it be resorted to for reference and investigation in all the
specialities of professional life, and antiquarian or scientific research.
Indeed, it is a most gratifying circumstance, that already such facilities
are afforded to a moderate extent, and that there are many who gladly
avail themselves of them.

In view, then, of the particular circumstances and facts hinted at

above, is it not desirable, as rapidly as the means of the Institution
will permit, to add largely to the more substantial and valuable portion
of the Library ? Without losing any of its attractions for that class of
members who confine themselves chiefly to the reading of works of
popular literature, would not the Institution be in the way to serve a
higher end by additions of the character referred to ? Within the past
year many valuable works in different departments of science have
been added to the Library, but without, perhaps, in any instance going
far enough to give a tolerably complete series of authorities in any
particular department. It seems to me that such additions as would
place upon our shelves a reasonably full selection of the standard works
in the different departments of science, art, philosophy, and theology,
would add greatly to the respectability, dignity, and usefulness of the
Library.

Let me not be understood, however, as intimating an opinion that
our collection of books is not even now a highly respectable one. On
the contrary, considering the circumstances under which it has been
collected, and the age of our Institution, it must be considered highly
creditable, and it is doubtful if in the same time any similar Association
in the country has ever made the same progress.

The number of volumes in the Library at the dates of the several
Annual Reports for the past five years, has been as follows, viz :

January 1854, 2,705 January 1856, 3,833

1855, 3,315 " 1857, 6,135

1858, 8,4*7

The extent of our Library is now such as to make a well arranged
catalogue a great desideratum, and during the past year the Chairman
of the Library Committee, Dr. Raymond, has liberally devoted a con-
siderable portion of his time to the arrangement of such a catalogue,
on the plan most approved in the principal Public Libraries of the
country, and has completed a large portion of his work. The printing
of this catalogue will be attended with a heavy expense, but it may
be safely assumed that most members of the Association would gladly
buy a copy at a price which would defray the expense of publication.
A beginning has been made in this direction by the printing of a
catalogue of works of fiction in the Library. The whole subject is
referred to the incoming government.

As heretofore, we have to acknowledge the kindness of many true
friends of the Association, from whom we have received donations of
books, manuscripts, works of art, or natural curiosities. Among those
to whom we are thus indebted, and whose liberality we gratefully
acknowledge, are the following gentlemen :

W. F. Parker,
Martin Wheat,
S. H. Lloyd,

T. S. Miller,

H. C. Beals,

Capt. Wm. MacMiehael,

Hon. P. A. Roach,

Hon. J. B. Weller,

Hon. J. W. Denver,

Hon. David S. Douglass,

T. Boyce,

H. H. Moore,

Capt. Madison,

Dr. C. H. Raymond,

Henry Johnson & Co.,

Professor Bache,

D. E. Webb,

Barry & Patten,

H. M. Hale,

A. B. Forbes,

Pioche, Bayerque & Co.,

J. F. Atwill,

A. S. Marvin,

S. E. Woodworth,

Rev. J. E. Benton,

Wm. R. Garrison,

G. W. Bell,

S. Hubbard,

J. Hoyt,

J. L. Langerman,

W. Wainwright,

H. D. Oliphant,

D. W. Chauncey,

J. S. Hittell,

Wm. H. Stevens,

Hon. R. C Winthrop,

John Ferguson,

R. M. Folger,

M. W. Ballou,

H. C. Hickok,

S. W. Holliday,

C. L. Weller,

S. Pillsbury,

J. H. Riley,
E. Delessert,

A. W. Thompson,
Dr. R. McMillan,
Dr. Horace Hawes,
J. C. Stone,

Dr. F. A. Holman,
Wm. Gouverneur Morris,
J. H. Purkett,
Wm. Murray,
Hon. S. J. Bridge,
Geo. Davis,
J. B. Crockett,

B. W. Leigh,
W. F. Herrick,
Hutchings & Rosenfield,
Epes Ellery,

Governor of Pennsylvania,
Regents of State of New York,
E. E. Waterman,
Horace Gushee,
E. E. Smith,

Governor of Rhode Island,
Jas. De Fremery,
E. J. Muygridge,
J. S. Bovee,
E. H. Washburn,
Gideon Nye, Jr., Canton,
R. Middleton,
J. C. Davis,
Ruckell & Dressel,
Wells, Fargo & Co.,
Dr. H. Gibbons,
E. Conner,
M. E. Hughes,
W. F. Pendleton,
J. J. Tayker,
Michael Castle,
Hon. J. R. Bartlett,
The various San Francisco Newspa-
pers, and the country press generally.

To Mrs. E. P. Lesdernier we are under obligations for some Elocu-
tionary Readings, which resulted in a handsome profit to the Associa-
tion. From the Pacific Mail Steam Ship Company, the United States
Mail Steam Ship Company, and the Panama Rail Road Company, we
are in the receipt of a constant and most substantial favor — these
associated Companies having liberally offered to bring all our books
from New York gratuitously.

The property of the Association has become so valuable that the
Directors did not feel justified in allowing it to remain wholly subject
to risk by fire. They have accordingly effected insurance upon it to
the extent of $5,000, one-half the premium on which was kindly con-
tributed to the Association by Joshua P. Haven, Esq., Agent for the
Underwriters.

It will become necessary, during the present year, to provide addi-
tional space for the Library. Even now the Library Room is incon-
veniently crowded, and with the increase of books which may reasonably
be anticipated during the year, more room will be imperatively
demanded. I do not see how it can be had in our present quarters,
except by trenching somewhat on the space and accommodations of
the Reading Room.

With the growth of our Institution, both in respect to membership
and increase of Library, it will not be long before our necessities will
demand a house exclusively for our own accommodation. That time
has, perhaps, not yet arrived, but it is a matter of so much importance
as to be well worth keeping in mind by every member and friend of
the Association. It is " a consummation devoutly to be wished," and
in due time it must be accomplished.

In the last Annual Report, reference was made to many beautiful
works of art adorning our Rooms, either the property of the Associa-
tion by gift, or temporarily deposited with us by the owners. The
pictures belonging to Dr. Fourgeaud have been removed, he having left
the city ; most, if not all, of the others are still retained.

In this connection, permit me to call the attention of the members
of the Association to one extremely valuable work of art, now attainable
by a very small sacrifice on the part of a few of our members. I refer
to Audobon's great national work, the " Birds of America." This
work, from its beauty and importance as well as its rarity, deserves a
place in every great public Library, and if we can secure the copy

now within our reach, we may regard ourselves as having gained a
rich prize. The Directors have not felt justified in appropriating the
general funds of the Association to the purchase of a single work of so
high cost, but a private subscription has been started with the hope
that in that way the object might be secured. The subscription now
amounts to $400, about one-half the sum necessary. I appeal earnestly
to the members and friends of the Association, to add to this subscrip-
tion as they have ability, and thus enable the Directors to complete
the purchase.

The system of public Lectures, commenced some years since by the
Association, is continued the present season. The commencement of
the course has been delayed later than usual, partly on account of the
number of lectures given earlier in the season before other Associa-
tions, making some delay not undesirable, to avoid interference ; and
partly to meet the convenience of the gentlemen engaged to lecture.
The course was opened last evening, January 25th, by an able, eloquent,
and suggestive lecture, by Joshua P. Haven, Esq. — subject, " Books
out of the Counting Room." He will be followed by Capt. E. D.
Keyes, Rev. R. P. Cutler, J. Ross Brown, Esq., W. W. Shepard,
Esq., and other eminent gentlemen.

The whole number of members at present belonging to the Associa-
tion is 1176, distributed as follows:

Life Members, 91 Share Holders, 573

Honorary do 62 Subscribing Members, 450

Total, 1176

This statement shows a decrease in the entire membership of 77,
since the last Annual Report, which may be accounted for, however,
by the fact that at the election last year, occurring but a few days
before the making of the Report, an unusually strong feeling was
enlisted in favor of rival tickets, leading to the admission of a large
number of new members for the purpose of voting, since which many
of this number have resigned, or allowed their membership to be
forfeited.

There have joined the Association since its organization in 1853,
either as share holders, subscribing, or life members, 1,601 persons,
and 62 have been made Honorary members during the same time.
Of the 1,601 referred to, 570 were share holders, 940 subscribing

members, 91 life members. Of these, about 350 share holders, and
450 subscribing members now pay dues regularly, making our paying
membership about 800 in all.

During the past year 16 shares have been sold, and the following
gentlemen have become life members :

Warren Loud, F. P. Tracy, Esq.,

Hall McAllister, Esq., James Kellogg, Esq.,

B. W. Leigh, Esq., Frederick Billings, Esq.,

W. B. Olds, Esq., Thomas H. Selby, Esq.

While we show nominally a decrease of members, as compared with
the previous year, it is clear from the statistics already given, that our
active membership has increased. It should, however, be borne in
mind, that in so changing a population as ours, unless efforts are made
and continued to bring in new members, a nett loss by change of resi-
dence and otherwise, is almost inevitable. Let me solicit, then, the
personal efforts of members, to bring in new members from among
their friends and others with whom they may come in contact. It
cannot be doubted that only a moderate amount of labor expended in
this direction would secure a large increase in our membership. Such
labor, with such a result, would do a double good. It would increase
the funds and consequent usefulness of the Association, and it would
often be of the greatest benefit to the persons, particularly young men,
thus introduced to its privileges.

A suggestion was made in the last Annual Report by the retiring
President, in favor of the establishment of classes from among the
members of the Association, for instruction in Book Keeping, Drawing,
Elocution, Ancient and Modern Languages, &c. The government of
the Association during the past year, have been fully sensible of the
desirableness of introducing this system of instruction, but they have
not as yet been able to see their way clear for the initiation of so
desirable a feature in our Association. I beg, however, to commend
the subject to the Association and the incoming government, as one
worthy their attention, and it is hoped their wisdom may devise the
means of putting some such plan into successful operation. Many
members of the Association might, by means of it, at small cost, in
their hours of leisure, do much to supply the deficiencies of only a
rudimentary early education.

The Treasurer's account, herewith submitted, shows a balance on
hand from last year, $ ^ g9

Amount received during the year from all sources, U,777 87

$15,038 26
Disbursements for books, expenses &c, 12,4,4 _

/-x u t, a . . . 8 2,563 53
Cash on hand, •••• ••••••; * ' , nri

Amount in hands of Wiley & Halstead, New York, 400 u0

$ 2,96.3 53

Dues for present quarter, unpaid, about 5Q0 °°

$ 3,463 53

Mr. H. H. Moore has continued to fill the position of Librarian to
the entire satisfaction of the Board of Directors, and it is not doubted
to the equal satisfaction of the members of the Association. The same
Assistants who commenced the year with us, viz : John J. Tayker
and David E. Webb, are still both at their posts, and in my opinion
are good and faithful servants of the Association.

The Annual Election, held on the 24th inst., resulted in the choice
of the following gentlemen as the Government of the Association for
the ensuing year :

President, E. H. WASHBURN.

Vice President, JOSEPH A. DONAHOE.

Treasurer, JOSEPH M. SHOTWELL.

Recording Secretary, SAMUEL HUBBARD.

Corresponding Secretary, B. WATKINS LEIGH.

Directors :
A. L. Tubbs, Jacob B. Moore,

C. H. Raymond, Julius K. Rose,

Thomas S. Miller, Albert Miller,

Joseph S. Paxson, R- B- Swain,

Philip T. Southworth.

A portion of these gentlemen are members of the old Board, though
a considerable majority come fresh from the ranks of the Association.
Both these features are desirable. It is desirable that some of the old
members of a Board be reelected, because their familiarity with the
routine of business would for a time be almost indispensable. And it
is equally desirable that others should go out, because I believe that
by a system of rotation in office, the Association is constantly increas-
ing the number of its friends and supporters. I do not see how any

gentleman can be connected with the government of the Association
for a year, without ever after feeling a deeper interest in its welfare,
than he would or could feel otherwise. The gentlemen whom your
suffrages have called to preside over your affairs for the ensuing year,
I have no doubt are all eminently worthy of your confidence and sup-
port, and amply capable of carrying on, with your sympathy and
cooperation, the work in which you are engaged. That work, in a
community like this, is a great and beneficent one. Its tendency,
and its effect, so far as realized, is, if not to excite a love of learning,
at least to impart a taste for intellectual pursuits, in place of low and
grovelling amusements, or vices ; to furnish the means by which the
mind shall be filled with noble and elevating thoughts, instead of those
that are mean and abject ; and even where there is no special danger
of the lower and more degrading forms of vice, to raise men above the
materialism of mere money getting and money hoarding — of merely
" buying, selling, and getting gain," to a world of far higher and
nobler thoughts and aspirations.

In closing my official relations with you, gentlemen, I have the sat-
isfaction, which I feel in common with my associates, of leaving the
affairs of the Association in a most prosperous condition. That they
are so, I claim no merit for myself, but only ask the credit of having
quietly and conscientiously attended to the duties which you by your
suffrages imposed upon me a year ago. In the members of the Board
elected with me, I have ever found efficient coadjutors, and we have
the satisfaction of separating from each other officially, with the con-
sciousness that from the first there has existed between us only the
most perfect harmony and good will. May the incoming Board be as
fortunate in their relations with each other, and with you, and may
they be more successful than we have been (for in this we have no
vanity to be mortified) in guiding the policy, and advancing the inter-
ests of an institution, even now in its infancy, highly respectable, useful
and efficient, and in its maturer years I doubt not destined to take
rank with the best institutions of the kind on the continent — The
Mercantile Library Association of San Francisco.

IRA P. RANKIN,

President.

Report of the Treasurer of the Mercantile Library Association.

For the Year ending 2ord January, 1858.

1857.
Jan. 23.

By balance from last year, $3,260 39

Receipts.

Assessments collected from members, 8,067 25

Initiation fees " " " 795 00

Life memberships " " 730 00

Shares of stock, 95 00

Lectures, and Madame Lesdernier's Benefit, 1,926 00

Library account, received for globe, books lost, &c, 89 50

Catalogues, sold by the Librarian,

Insurance premium, returned by J. P. Haven,

71 87

$15,038 26

Disbursements.

Library account, books, magazines, newspapers &c.,.. $3,460 86

Expense account, rent, fuel, lights, &c, 3,855 02

Salaries, Librarian and assistants, 3,489 85

Furniture account, 409 00

Insurance on $5,000 143 75

Printing and advertising, 460 75

Lecture and Benefit expenses, 580 50

Printing and stereotyping Catalogue of Novels, 75 00

—12,474 73

Balance on hand, .

$2,563 53

JOS. M. SHOTWELL,

Treasurer.

San Francisco, 23rd January, 1858.

« •»«» ♦-

STATEMENT FOR THE YEAR ENDING JANUARY 23, 1858.

Balance on hand from last year, $ 3,260 39

Amount received from all sources, 11,777 87

$15,038 26
Disbursements for books, expenses, &c, 12,474 73

Balance on hand, $ 2,563 53

Dues unpaid for present quarter, about 500 00

In the hands of Wiley & Halsted, N. Y., for purchase of books, ... 400 00

$3,463 53

Statistics.

Receipts. Disbursements.

1st year ending January 23, '54, $10,858 50 $10,726 51

2nd " " " " '55, 13,387 30 11,838 02

3rd " " " " '56, 9,015 85 8,747 96

4th " " " " '57, 10,300 00 8,989 27

5th " " " " '58, 11,777 87 12,474 73

$55,340 02 $52,776 49

52,776 49

$ 2,563 53

SIXTH

ANNUAL EEPOET

OF THE

Jftaattiik Siltrarg %mi data,

SAN FRANCISCO,

WITH A

THE TREASURER AND LIBRARIAN'S REPORT, AND
LIST OF OFFICERS FOR 1859-60.

. SAN FKAN CISCO:

CHARLES F. ROBBINS & FREEMAN, PRINTERS,

CORNER OF CLAY AND BATTERY «TREETB.

1859.

LIST OF OFFICERS

OF THE

trtaatilt fibrarj &ssimtiai

FOR 1859-60.

President :
J). C. McRUER

Vice President:
HENRY CARLTON, Jr.

Treasurer :
T. C. BANKS.

Recording Secretary :
HENRY C. LEE

Corresponding Secretary :
EDAVARD J. PRIX OLE.

F. A. HOLMAX,
J. C. STONE,*
E. J. MUYGRIDGE,
JOSHUA BARKER,

Directors :

J. W. WHITE,
HENRY II. HAIGHT,
J. B. SWASEY,

S. C. BIGELOW,

JOSEPH IIOBART.

J^NNJJj^I, REPORT

OF THE

TREASURER

OF THE

San Jfrannsn Pertaniile f ikarg %mtfatkn.

Balance on hand January 23d, 1858, $2,563 53

Receipts.

Quarterly Dues received from members, $8,062 50

Initiation Fees, from 184 new members, 920 00

Life Memberships, from 6 life members, 600 00

Shares of Stock, for 3 shares sold, 75 00

Lectures, course for 1858-9, 1,399 00

Library account, received from F. P. Tracy, Esq., for

copy of Dugdale's Baronage, 33 00

From sundry persons for lost books,.. 99 65z= 132 65

Donation account, received from J. W. Tucker, Esq., 50 00

Audubon Fund, subscriptions received from sundry persons for

the purchase of "Audubon's Birds of America," 850 00

Total Receipts for the year, 12,089 15

$14,652 68

Expenditures.

Library account, — expended for books, magazines,

periodicals, &c, 2,704 70

"Audubon's Birds of America,".... 850 00=3,554 70

Salaries, of Librarian and Assistants, 3,643 70

Rent of Library Rooms, 2,075 00

Gas Company's bills for the year, 693 45

Expense account, — fuel, stationery, and incidental expenses,... 647 57

Furniture, 205 04

Insurance account, — premium on $7,500, for one year, 225 63

Printing and advertising, 255 50

Lecture expenses, 227 50

Catalogue account, — for engrossing and binding new manu-
script catalogue of Library, 176 00.

Total Expenditures for the year, 11,704 09

Balance in hands of Treasurer, $2,948 59

JOS. M. SHOTWELL,

Treasukkk.
San Francisco, January 25th, 1859.

LIBRARIAN'S REPORT.

Mercantile Library Rooms,
San Francisco, January 22d, 1859.

To the Ifemoers of the Mercantile Library Association :

Ladies and Gentlemen, — I have the honor, for the first time
during my connection with the Association, in the capacity of Libra-
rian, to submit to you an Annual Report of its operations and statis-
tics for the past year.

The whole number of books drawn from the Library during the
year, was 17,321, which were classified as follows, viz : —

Romance, 9,733 vols. Bound Periodicals, 173 vols.

Travels, 1,822 " Science, 589 "

Biography, 1,681 « Poetry, 471 "

History,. 1,125 " Law, 162 "

Belle Lettres, 809 " Religion, 93 "

Miscellaneous, 663 "

While the whole number of books taken out during the year was

but 207 less than in the preceding one, the number of novels and

romances drawn was 59 volumes greater ; the number of biographies

exceeded those taken during the former year, by 132 volumes, and

the demand for books on the arts and sciences increased 31 volumes.

The most marked decrease occurs in the departments of history and

travels; it being in the former, 132, and in the latter, 255 volumes.

The largest number of volumes drawn in any single month, was

1,713, in March, and the smallest, 1,286, in September, 1858.

There have been 1,619 volumes added to the Library during the

year, classified and arranged into the following departments, making

the number in each : —

Romance, 1,760 vols. Science and Art. 748 vols.

Travels, 861 " Poetry, 555 "

Biography, 911 « Law and Politics, 575 "

History, 924 " Religion, 357 "

Belle Lettres, 725 " Bound Newspapers, 135 "

Bound Periodicals, 1,036 <; Miscellaneous, 1,479 "

which, added to the number reported a year ago, namely, 8,447,
makes the whole number at the present time, 10,066 volumes. It is
but just that I should here state that the above round number, by a
practice (not however an unusual one in reports of the progress of
public Libraries) of counting duplicates not in use, worn out books,
and even those that have been lost from time to time, has been con-
tinued in our annual reports ever since the organization of the Libra-
ry. I would therefore recommend that some measures be taken this
year to ascertain, by a careful examination, what books and what
number of them may fairly and properly be said to constitute the
Library. Many of the works secured to the Library are of a per-
manently interesting and highly valuable character, among which
may be found the following : —

Audubon's Birds of America, in 5 volumes imperial octavo, and 4 volumes ele-
phant folio of colored plates.

The Encyclopedia Britannica, as far as published, 17 volumes, royal quarto,
bound in half Russia.

The British Poets, in 96 volumes, 12mo., half morocco binding.

The British Essayist, in 38 volumes, uniform with the Poets.

Bohn's Standard Library, 123 volumes, post octavo.

The British Classics, 28 volumes.

Bohn's Illustrated Library, 39 volumes.

The Classical Library, 79 volumes.

Loudon's Arboretum Brittancicum, 12 volumes, octavo.

Lavater's Physiognomy, 12 volumes; octavo, illustrated.

The Autobiography, in 33 volumes.

Hakluyt's Early Voyages of the English Nation : London, 1589. A folio volume
in black letter.

The Voyages of Vancouver, La Perouse ; and the Voyage of La Favorite — all
fine sets, and complete, with the maps and plates.

The North American Review, 80 volumes, in half Russia binding.

Moreris' Dictionnaire Historique, 10 volumes, royal folio, etc., etc.

About 1,500 volumes were taken from their former places in the
main Library early in the year, and added to the Library of Reference
in the end of the Reading Room, adjoining to, and now connected
with the general Library. In addition to these extra means for af-
fording facilities to members in making references, the Reading Rooms
are now regularly furnished, in addition to the magazines and period-
icals formerly received, with most of those the publication of which
commenced in the course of the last year ; among which are the
Atlantic Monthly, Ballou's Magazine, The Great Republic Monthly,

The Pacific Medical and Surgical Journal, The California Culturist,
The Hesperian, The California Home Journal, etc., etc.

In the course of the year, I have prepared a complete alphabetical
catalogue of the Library, including all the books received up to Oc-
tober last ; while the additions that have been made since that time,
have been recorded in a smaller volume kept at the Delivery Desk
for that purpose.

In the course of the year, the Association has been presented
with many valuable donations of Books, Works of Art, Natural Cu-
riosities and Antiquities, by the following gentlemen, Libraries, etc :

The Regents of the Smith-
sonian Institute,

Wm. H. Stevens,

Langley & Matthews,

H. ChanningBeals,

A. S. Taylor,

Dr. H. Gibbons,

E. W. Playter,

H. La Reintrie,

S. Hubbard,

W. W. McCoy,

Hon. C. L. Scott,

H. Payot,

J. S. Hittell,

P. A. Packard,

E. J. Muygridge,

L. P. Fisher,

Prof. A. D. Bache,

Hon. J. C. McKibben,

New Orleans Academy of
Science,

Lyceum and Library So-
ciety of New Orleans,

C. L. Weller,

C. McDonald,

Horace Davis,

Whitton, Towne & Co.,

F. P. Tracy,
R. de la Vega,

G. Patterson,

The Regents of the State

of New York,
The State of Virginia,
San Francisco Mechanics'

Institute,
The Odd Fellows' Library,
Hon. D. C. Broderick,
Jacob B. Moore,
Wm. Wolf,
R. J. Stevens,
Hon. Wm. M. Gwin,
C. E. B. Howe,
Sidney V. Smith,
G. L. Johnson,
Hon. J. R. Bartlett,
J. C. Derby,
S. E. Woodworth,
Joseph Heco,
The Philadelphia Library

Company,
Dr. B. Ober,
A. J. Moulder,
The City of Boston,
J. S. Hall,

Mrs. M. J. Maltby,

H. H. Brown,

Rev. J. A. Benton,

S. H. Lloyd,

Joseph Grant,

G. R. Fardon,

W. T. Coggeshall,

Wells, Fargo & Co.,

The Prison Discipline So-
ciety of Boston,

Dr. A. B. Stout,

Dr. V. G. Forgeaud,

Henry B. Janes,

J. F. Swift,

J. B. Charles,

R. B. Swain,

A. F. Crittenden,

H. E. Matthews,

J. Ross Browne,

Rev. Jesse T. Peck,

Capt. Madison,

Jerry Sullivan,

Hon. P. A. Roach,

Capt. McMichael,

And Publishers of California
Newspapers and Period-
icals generally.

The whole number of members at present belonging to the As-
sociation is 1,319 ; classified as follows, viz. : Life Members, 97 ;
Honorary Members, 62 ; Shareholders, 594 ; Subscribing Members,
566.

Of the subscribing members, none but those who now pay dues
are enumerated in the above list ; all the shareholders are included,

but of the 594 only 271 now pay dues, which, added to 566, the
number of active subscribing members, makes the whole number of
paying members at the present time, 837.

Twenty-one shares of stock have been issued in the course of the
year, of which eighteen were to life members, who have become so
during that time, or in former years ; and three shares were sold.

Nine members have died during the year.

Six gentlemen have made themselves life members in the course
of the year, by the payment of one hundred dollars each, viz. :

Joshua P. Haven, Geo. H. Davis, Jas. C. Cobb,

Henry Laurencel, J- A. Donahue, Mark Brumagim.

Respectfully,

H. H. MOORE, Librarian.

ANNUAL REPORT.

Gentlemen of the Mercantile Library Association :

In conformity with the requirements of the Constitution I sub-
mit the Sixth Annual Report of the Association, accompanied by
such comments upon its past, and suggestions as to its future policy
as I deem best calculated to promote its prosperity.

The Librarian's and Treasurer's reports, this evening presented,
disclose a healthy and progressive condition of the affairs of the
Association, and the operations of the institution during the past
year, considered in connection with the adverse circumstances to
which I shall hereafter refer, may justly be deemed highly success-
ful in their results.

The elaborate report of your Librarian precluding the necessity
of further statistics, I shall only refer to such matters of interest
contained therein as may seem to demand especial consideration.

MEMBERSHIP.

It will be perceived, that while our entire membership has been
increased by the net addition of one hundred and forty-three new
members, during the year, yet the number of active paying mem-
bers shows an increase of but thirty-seven — a large falling off
having occurred in the number of shareholders continuing to pay
their dues ; this fact, unexplained, would indicate a loss or suspen-
sion of interest in the affairs of the Association, on the part of
many of its earliest and heretofore most zealous members, of whom
this class is chiefly composed, but may, to a great extent, be ac-
counted for by the large emigration from our midst during the

year, induced by what is commonly known as the Eraser river ex-
citement, which drew largely upon the number of our oldest and
most energetic citizens, many of whom have proved the ardent
friends and promoters of our enterprise. Our loss of membership
from this cause was unprecedentedly large during the summer
months, in view of which, great personal efforts were made by
some of the members of the Board, to gain additional subscribers,
the successful results of which appear in the statistics given.

I would here call attention to the fact, that some three hundred
shares of stock are now outstanding, on which the dues are not
paid. I would suggest to the holders of these (to them) useless
shares, the great benefit that would accrue to the Association, by
their donating or loaning them to those who would pay the regular
dues upon them if thus enabled to enjoy the advantages of our
Library and Rooms.

BOOKS.

Sixteen hundred and nineteen volumes have been added to the
Library during the year, making the entire number now contained
upon our shelves ten thousand and sixty-six.

It will be perceived, by reference to the Librarian's report,
that the Board, while responding liberally to the popular taste for
works of fiction, and the lighter literature of the day — as indicated
by the proportionately large number of this class of works with-
drawn for perusal — has not been neglectful of the more important
and permanent interests of this department. Of the number of
volumes added, very many are of a valuable and costly character ;
some of which are specified by the Librarian, in his report. The
arrangement with Messrs. Wiley '& Halstead, of New York, au-
thorizing them to send us, at once, copies of new and popular
works — of which you were informed in the last Annual Report —
has been c/mtinued, and in order to obviate, as far as possible, the
difficulty which must necessarily exist in a membership as large as
ours, of readily obtaining from the Library newly received works
of extraordinary interest or popularity, our agents have been fur-
ther instructed to send additional copies — not exceeding ten of
any one work — of publications of this character. Surplus copies,
which will accumulate upon your shelves under this arrangement,
may be sold or exchanged to advantage when the immediate de-
mand for them shall have subsided.

Of the donations to the Association during the past year, the
following are especially noticeable on account of their value and
importance :

From the Commonwealth of Virginia — A set of Statutes at
Large, State Journals and Documents ; in thirty volumes.

From the State of Pennsylvania — The Colonial Records and
Archives of the State ; in twenty-eight volumes.

From the Regents of the Smithsonian Institution — Volumes of
their publications.

From E. J. Muygridge, Esq. — An Illustrated Description of
the Crvstal Palace, London.

From Sidney Y. Smith, Esq. — A Physical Atlas of the World.

From J. W. Tucker, Esq. — A cash donation of fifty dollars.

To the Hon. D. C. Broderick, Wm. M. Gwin and J. C. McKib-
ben, the Association is indebted for important governmental docu-
ments and reports.

Also, to the Regents of the State of New York, for the last
Census of the State, and Colonial documents, in ten large quarto
volumes.

The aggregate number of Books withdrawn from the Library
during the year, has been materially affected by the disturbing
cause to which I have already alluded, as may be ascertained by
careful examination of the statistics given by the Librarian. Not-
withstanding the adverse effects of this cause, the number very
nearly equals that of the preceding year.

FINANCE .

The Treasurer's report exhibits a highly satisfactory and flour-
ishing condition of the financial interest of the Association. The
regular income of the Association was greatly diminished during
the second and third quarters of the fiscal year, owing to the tem-
porary loss of membership, which has been noticed as having oc-
curred during that period ; yet the entire receipts exceed, with one
exception, those of any previous year in our history. After all the
outstanding claims against the Association shall have been paid, a
cash balance of about $2,500 will remain in the Treasury for the
use of the incoming Board.

It will be observed that the amount received from the payment
of the quarterly dues of members, just about covers the current
expenses of the Association, leaving us dependent upon extraordi-

nary resources for the increase and improvement of our Library.
This fact shows the necessity of an immediate increase of our num-
ber of active paying members.

ROOMS.

A marked increase has been observable during the past year in
the number frequenting our Reading Room. No effort has been
wanting on the part of "the Board to sustain and increase its use-
fulness and attractions. Its files and tables have continued to be
regularly supplied with the leading foreign and domestic papers,
and scientific and literary periodicals of the day. A large and
valuable collection of works of reference has been rendered acces-
sible to its visitors, and many beautiful works of art adorn its walls.
This department alone offers great inducements to membership in
our Association.

The Chess and Conversation Room has continued throughout
the year nightly crowded with members— the demand for ad-
ditional Chess Tables has been supplied to the utmost capacity of

the room.

The Lilrary Room having proved entirely inadequate to the
accommodation of the increased number of volumes, shelving has
been extended over a portion of the walls of the Reading Room.
This has been accomplished in such a manner as to meet the present
necessities of the case, and afford increased advantages to those
frequenting the room, without seriously marring its appearance.
Further extension, which will doubtless soon be found necessary,
will be a subject for the consideration of the incoming Board.

Section 10 of the Regulations of the Library has been repealed,
and an order passed by the Board of Directors, allowing of free
access by members of the Association to the Library Room, a reg-
ulation which has afforded satisfaction to the members and has not
resulted in serious inconvenience to the Librarian. The former
lease of the rooms now occupied by the Association expired in
December last; in anticipation of that event, the Directors gave
the subject long and careful consideration, fully sensible of the
necessity for more extensive accommodations than those afforded
by our present quarters — the most strenuous efforts were made by
them to procure other centrally located rooms offering greater
advantages in this respect ; not succeeding in this, they endeavored
to renew their lease for the further term of six months only —

hoping that the new Board might be more successful in the accom-
plishment of an object so desirable. Finding this impracticable, a
new lease for the term of one year was effected, at a reduction of $25
per month on the previous rate, making our present rent $150 per
month, or $1,800 per annum. The subject of erecting a building
for the uses of the Association has been fully discussed by the
Board, and the great beneiits that would accrue to the Institution
by the accomplishment of this object, were fully recognized. The
plan of a Joint Stock Building Association, organized under the
auspices of the Library Association, it was thought, might at some
future time be found practicable and advisable — but the past year
was not regarded by the Directors as the most favorable time for
the commencement of so great an enterprise.

A proposition relating to this subject has been recently submit-
ted to the Board, which was favorably regarded by them as seem-
ing to present an opportunity of meeting all the requirements of
" the Association in this respect, for several years to come. Their
term of office having too nearly expired to enable them to act in
the matter, the whole subject was referred to their successors. I
commend it to their prompt consideration.

As many ladies — members of the Association, or using the
shares of members — frequent our Rooms, I would suggest that,
under any new arrangement, their convenience be consulted, by
providing apartments exclusively devoted to their use.

WORKS OF ART.

Your collection of works of art has been enriched by the acces-
sion of a large and valuable painting which has been committed
to the keeping of the Association by its owner, Col. A. J. Grayson.
The subject is illustrative of an incident in the adventures of a
pioneer immigrant family ; the figures are portraits, and the scene-
ry was painted from nature. It is one of the earliest California
productions of our eminent artist, W. S. Jewett, Esq., and is an
object of interest to members and visitors.

A very valuable old oil painting, said to be an original by
" Annibale Caracci," has also been deposited with the Association,
by Col. J. N. Olney, and the very elaborate and beautiful painting
by " ISTahl," which formerly occupied a place in our Rooms, has
again been deposited there by its owner, Charles Carl, Esq.

I would suggest, in accordance with the views expressed in the

report of a former President, F. A. "Woodworth, Esq., that our
Rooms present advantages to our citizen artists for the exhibition
of their productions, by the improvement of which, they might
contribute to the culture and improvement of the public taste with
resultant benefit to themselves.

AUDUBON.

The great national work, " Audubon's Birds of America," it
affords me peculiar pleasure to state, has, during the past year,
become the property of the Association.

This splendid production of genius, consisting of four hundred
and thirty-live colored plates, and one thousand and fifty-five life
size figures of birds, is universally admitted to be the most splendid
work of the kind ever given to the world, and by the illustrious
Cuvier, was pronounced "the noblest monument that Art has ever
raised to Nature."

The opportunity of securing this, which is believed to be the
only copy on the Pacific coast, having occurred to my immediate
predecessor in office, he ardently entered into the plan of raising
by subscription the sum necessary to its purchase. In this he was
partially successful, having procured subscribers to the extent of
nearly one half of the requisite amount. Some of the members of
the present Board devoted much time and labor to the consumma-
tion of this project, in which they were eminently successful, the
entire amount of the purchase price, $850, having been cheerfully
contributed by the members and friends of the Association.

CATALOGUE.

A complete and well arranged Catalogue to a Library, as large,
gentlemen, as is yours, must be regarded, not so much a great con-
venience, as an absolute necessity. The preparation of such a
work is a task of great difficulty, requiring careful accuracy and
much laborious research. Great diversity of opinion has existed
among Bibliographers as to the principles which should govern its
construction ; nor is the question yet definitely settled, but the
system most generally approved, is that comprising both an alpha-
betical and an analytical catalogue, the two connected by cross
references.

The construction of a catalogue upon this plan has engaged the
attention of the Board during the past year. A full and complete

catalogue, alphabetically arranged with reference to the authors
and subjects of all the books contained in the Library on the first
of October last, has been prepared by the Librarian, under the su-
pervision of the Board. This has been fairly transcribed into a
well bound folio volume of five hundred and forty-four pages, at a
cost of about $170. The task of preparing the more important
branch of this work, an analytical catalogue, in which the books
shall be so classified that it may readily be ascertained what works
are contained in the library upon any particular subject, by refer-
ence to that department of knowledge to which they properly be-
long, it was found necessary to defer to another year.

I commend the subject to the immediate attention of the new
Board of Directors. This work completed, would form a complete
Index to the Library, and would greatly enhance its utility.

LECTURES.

Our annual course of Lectures, having heretofore proved so
eminently successful, both in a pecuniary sense and as interesting
and instructive intellectual entertainments, your Board during the
past year felt justified in offering inducements to some one of the
distinguished lecturers of the Atlantic cities to visit our State and
lecture before the Association. H. D. Bacon, Esq., a zealous friend
of library associations, kindly consented to conduct negotiations to
this effect on our behalf. Replies encouraging as to the future,
were received from the Hon. Edward Everett, Oliver Wendell
Holmes, G-. "W. Curtis, and others ; but it was found impracticable
to effect an arrangement of this kind for the present season. Dis-
tinguished gentlemen resident among us, to whom the thanks of
the Association are greatly due, have however, this season, as
heretofore, generously granted us their services without remuner-
ation, enabling us to organize a course of Lectures, now in process
of delivery, presenting an array of talent which would command
attention and respect in the centres of wealth and civilization. This
course has been sustained with the usual liberality of our citizens,
over $1,100 having been realized from the sale of season tickets
alone.

ARCHIVES.

The present Archives of the Association exist only in loose and
scattered papers, pamphlets and documents. And it is feared that

some of them may already have been mislaid or lost. I recommend '
that they be immediately collected, arranged and filed or bound, and
that means be taken for their secure preservation.

OFFICERS.

During the year the following changes have occurred in the
Board of Directors :

Mr. Jacob Moore, on account of proposed long absence, and Mr.
A. L. Tubbs, on account of removal from the city, resigned, and the
vacancies thus occurring, were filled by the election of Messrs. Jacob
Underbill and G. W. Bell. Unanimity of purpose and harmony of
action have characterized the deliberations of the Board, and its
members generally have manifested their solicitude for the welfare of
the Association by their constant attendance, and their prompt per-
formance of the duties devolving upon them.

Mr. H. H. Moore, Librarian, and Messrs. Tayker and Webb,
Assistants, still occupy the positions in which they have so long and
so faithfully served the Association.

The annual election, held on the seventeenth instant, which was
conducted in a spirited manner, greatly to the pecuniary benefit of
the Association, resulted in the choice of the following named °-entle-
men as its officers for the ensuing year :

President, D. C. McRuer; Vice President, Henry Carlton, Jr. ;
Treasurer, T. C. Banks ; Recording Secretary, Henry C. Lee ; Cor-
responding Secretary, Edward J. Pringle ; Directors, F. A. Holman,
J. C. Stone, E. J. Muygridge, Joshua Barker, J. W. White, Henry
H. Haight, J. B. Swasey, S. C. Bigelow, Joseph Hobart. Gentle-
men so long and favorably known to you, will, undoubtedly, justify
the confidence that you have manifested in their zeal and capacity.
I ardently desire that they may prove pre-eminently successful in
advancing the interests of the Association.

CONCLUSION.
Gentlemen : In concluding this Report, I would that I could
command language sufficiently earnest and forcible, not only to incite
you to renewed and increased efforts in behalf of this, our noble en-
terprise, but also to command the attention, and enlist the sympathies
and hearty co-operation, of such of our citizens as have thus far
2

disregarded the claims of an institution exerting so great and bene-
ficial an influence upon the present, and fraught with such incalcula-
ble results to the future social and moral condition of our city.

Your great success within the brief period of your existence is
unparalleled in the history of any similar association in our country.
Already have you attained a position which would command respect
in the most favored seats of wealth and intelligence. Your great
achievements, even had they been accomplished under the most favor-
able circumstances, might justly have been deemed occasions for
great satisfaction and laudable pride — wrought amid the adverse cir-
cumstances that have surrounded you, your Association, organized
by those who scarcely considered themselves other than adventurers
in a new field of enterprise, and conducted by you to its present high
state of usefulness and prosperity, while as yet your business and
social relations can hardly be considered as established upon a per-
manent basis, and whilst but few, too few of you, have yet accus-
tomed yourselves to regard this as your permanent home. They are
deeply significant of your high appreciation of this and kindred
institutions.

If the sentiment contained in an " Address to the Citizens of
San Francisco," issued by the founders of your institution, that " en-
terprises of this character are always most prosperous in those commu-
nities where the standard of intelligence is highest," is true — which
none will deny — and if it be admitted — which I think is equally
true — that mere intelligence, unassociated with virtue and morality,
never originates or sustains purely philanthropic or benevolent enter-
prises— then may the great and rapid success of your Association
justly be deemed a fact, entitled to careful consideration by those
who would rightly estimate the character, as a class, of the merchants
and business men of San Francisco. Repose not, gentlemen, upon
your laurels. Let the success which has thus far attended your ef-
forts, stimulate you to increased exertions. Your membership should
be largely increased. This might be easily, and must be mainly ac-
complished, if accomplished at all, by individual effort upon your
part. Many of you, by still more closely identifying yourselves
with the interests of the Association, would, while deriving greatly
increased benefits to yourselves, thereby have suggested to your minds
measures for the advancement of its interests.

To such as should be associated with, us in this enterprise, but
have thus far stood aloof, I would suggest that they may have greatly
under-estimated the ultimate designs and objects of our Association.

Whilst the personal benefit of its members was the primary and
immediate object of our organization, yet it contemplates interests
and designs apart from and beyond these present results, though the
formation of a popular circulating library has thus far been the most
prominent feature of our plans, yet the founders and directors of the
Association have ever cherished the higher purpose of laying broad
and deep the foundations of a nobler and more enduring structure.
To this end, standard authorities, encyclopedias, dictionaries, and
rare and valuable works, relating to all the departments of human
knowledge, have been added to our collection, as opportunity has
offered, and the funds of the Association would permit — and thus
we hope ultimately to acquire Vast treasures of knowledge, among
which scholars, men of science, and members of the learned profes-
sions, may pursue their researches with pleasure and profit to them-
selves, and with advantage to society. Already have we gathered up
and preserved all that it has been found possible to obtain, relating
to the early history of our city and State, much of which, existing
only in the ephemeral form of loose documents, papers and pam-
phlets, might otherwise have perished, and yet these may ultimately
be found possessed of inconceivable value to the future historian, the
antiquarian, or even the financial interests of our citizens. It has
been observed that "the most obscure pamphlet, or the flimsiest bal-
lad, may throw a r.ay of light upon some pregnant fact of history, or
may serve as the key to a mystery in some life-course which gave to
an age its very form and pressure." "The causes which render them
important, are often those that make it difficult to obtain them when
required."

Another and a higher consideration of the importance of our As-
sociation will commend itself to the mind and the heart of every
patriot, and merits the calm and earnest consideration of all whose
interests are in any way associated with the future interests of Cali-
fornia. I mean its resistless agency in molding the characters of such
numbers of the youth of the present day, who will shortly constitute
the men of this State. Franklin, the patriot and the philosopher,
has thus recorded, in reference to the libraries of his day, of which

he was a zealous promoter : " These libraries have improved the gen-
V eral conversation of the Americans, ****** said, perhaps, have
contributed in some degree to the stand so generally made through-
out the colonies in defence of their privileges."

Can an institution, which is silently exerting so powerful an influ-
ence upon the present, and which will tell still more powerfully upon
the future moral, social and political condition of our city and State,
be regarded with indifference ( Think of it.

. Gentlemen, I now resign the trust confided to me, into the hands
of my successor. May he be able to accomplish all that I have de-
sired ; and may this, and each succeeding year, prove more prosper-
ous than the last. May our Institution continue to advance in im-
portance and extent. Let its- foundations be enlarged, and its super-
structure rise, until it shall stand revealed a fabric of fair proportions
and of massive strength, an enduring monument of the enterprise,
the liberality, and the intelligence of the citizens of San Francisco.

E. II. WASHBURN, President.

SEVENTH

ANNUAL REPORT

OP THE

PRESIDENT

OP THB

MERCANTILE LIBRARY ASSOCIATION

SAN FRANCISCO,

WITH

THE TREASURER AND LIBRARIAN'S REPORT, AND
LIST OF OFFICERS FOR 1860-61.

SAN FRANCISCO:

PRINTED BY CHARLES P. ROBBINS,

111 Clay Street, between Bansome and Battery.

1860.

LIST OF OFFICERS

OF TIIE

ertantih fiharn %&&fith\iunt

FOR 1860-61.

President :
WM. H. STEVENS.

Vice President: Treasurer:

WM. R. GARRISON. J. G. KELLOGG.

Corresponding Secretary : Recording Secretary .

R. B. SWAIN. EDW. HUNT.

Directors :

CHAS. WOLCOTT BROOKS, JAMES W. J. PIERSON,
FRANK BAKER, JOHN SHAW,

D. P. BELKNAP, H. 0. MACY,

WILLIAM NORRIS, CHARLES R. BOND,
THOMAS BENNETT.

Librarian :
H. H. MOORE.

Assistants :
D. E. WEBB, J. I. TAYKER

A.NNJJ AJL, REPORT

OF THE

TREASURER

OF THE

an Jfranristo Pertaittile fifoaqr %marim.

Balance on hand, January 25th, 1859, $ 2,948 59

Receipts :

Quarterly Dues received from members, $9,869 00

Initiation Fees from new members, 1,482 00

Life Membership from nine life members, 900 00

Lectures, receipts from regular course and Anderson's

readings, 513 87

Books sold, lost, &c, 84 45

Proceeds Of sale of old Furniture, 151 50

Course of Lectures by Bayard Taylor, 3,854 00

Total receipts for the year, 16,854 82

$19,803 41
Expenditures :

Library account, for books, magazines, &c, $3,868 37

Expense account, rent, gas, fuel, &c, 4,819 31

Salaries of Librarian and assistants, 4,366 42

Furniture, 928 00

Insurance, 384 00

Expenses of Lectures by Bayard Taylor, 2,049 75

Furnishing new rooms, 2,629 31

Total expenditures for the year, 19,045 16

Balance in hands of the Treasurer, $ 758 25

THS. CRANE BANKS,

Treasurer.
San Francisco, March 10th, 1860.

LIBRARIAN'S UEPOHT.

Mercantile Library Rooms, )
San Francisco, March 13th, 1860. )

To the Members of the 'Mercantile TAbrary Association :

I have the honor to submit to you the following Report of tin-
statistics and operations of the Library and Reading Rooms, from the
date of my last Annual Report, (January 22d, 1859,) to the present
time.

The whole number of books drawn from the Library during the year
was 21,903, which were classified as follows, viz. : —

Romance, 12,673 vote. Science, 857 vols.

Travels, 2,099 " Poetry, 655 "

Biography, 1,857 " Miscellany, 894 "

History, 1,372- " Bound Periodicals, 198 "

Belles-Lettres, 1,226 " Religion, 72 "

The whole number of books taken out in the course of the year was
4,582 greater than in the preceding one. The larger proportion of the
increase will be found to have been in the department of Novels and
Romances ; while the demands from those of History, Travels, Biogra-
phy, Belles-Lettres, and Science, show in each a considerable increase
over the number reported last year. The largest number of volumes
drawn in any single month was 1,784, in August, and the smallest
1,561, in May, 1859.

There have been 1,525 volumes added to the Library during the
year, which were classified, and arranged into the following depart-
ments, making the numbers in each —

Romance 2,149 vols. Poetry, 694 "

Travels, 1,041 " Religion 395 "

Biography, 1,072 " Law and Politics, 626 "

History, 1,042 " Reference and Mi8cellan'8,..l, 651 "

Belles-Lettres, 827 " Bound Newspapers, 144 "

Arts and Sciences, 902 " Bound Periodicals, 1,048 "

making in all 11,591 ; from which amount there should be deducted 106
volumes, donated by the Board of Directors to the City Hospital, last
May, which would leave the number at present in the Library, 11,485
volumes. Some of the additions to the Library are valuable and inter-
esting, and among them are the following works : —

Audubon's Quadrupeds of North America; three volumes, bound in morocco.
Silliman's Journal of Science and Art ; a complete set to the present time, in
72 volumes, bound.

Contributions to Natural History, by Prof. Agassiz ; 2 volumes 4to.

Churchill's Collection of Voyages, 6 volumes folio.

The London Art Journal, 10 volumes 4to.

Wright's Dictionary, 5 volumes royal 8vo.

The New American Encyclopedia, 8 volumes.

The National Encyclopedia, 12 volumes.

The Encyclopedia Britannica, 18 volumes 4to.

The English Encyclopedia, 15 volumes 4to.

Worcester's New Dictionary, 4to.

Tomlinson's Encyclopedia of Science and Art, 2 volumes.

Rose's Biographical Dictionary, 12 volumes; etc., etc.

A considerable increase has been made in the list of magazines and
newspapers regularly supplied to the Reading Rooms ; among the form-
er of which may be found, the Historical, Mathematical and Farmer's
Magazines, The London Athenaeum, Once a "Week, All the Year Round,
The Cincinnatus, Hovey's Magazine of Horticulture, The Pacific Ex-
positor, The San Francisco Medical Press, etc.

In the coarse of the year, I have transcribed the titles of nearly the .
whole Library, for the purpose of arranging them into an analytical or
classified catalogue. Whether it shall be completed, and in what form
it shall be presented to you, remains to be considered and decided by
your new Board of Directors.

During the year, the Association has been presented with many val-
uable donations of books, works of art, and natural curiosities, by the
following gentlemen, libraries, etc.

George Clifford, Smithsonian Institution, J. C. Stone,

Hon. J. B. Weller, The State of California, W. A. Krahe,

P. C. Dart, Lieut. R. S. Williamson, H. H. Moore,

J. B. Williams, Samuel Hubbard, J. W. J. Pierson,

John Roach, G. W. Minns, A. D. Bache,

C. A. Crane, F. M. Bache, Rev. W. A. Scott, D. D.,

L. R. Lull, Hon. J. C. McKibbin, C. A. Sumner,

J. A. Banks, Hon. C. L. Scott, J. Partridge,

American Antiq'n Society, H. La Reintrie, Mer. Lib'y Assoc'n, Baltitn

E. J. Muygridge,
J. Hobart,

G. B. Reed,
G. Davidson,
S. Brannan,

F. W. Macondray,
W. R. Wadsworth,
H. Payot,

M. Ashbury,

T. S. Parvin,

W. T. Coggeshall,

Capt. W. R. Palmer,

Col. Warren,

Wm, T. Coleman,

E. P. Hill,

H. W. Halleck,

Hon. S. H. Parker,

A. J. Moulder,

M. Frank,

R. Hawkshurst,

Rev. Geo. Burrows, D. D.

G. 0. H. Taaffe,

Mrs. J. F. Lightner,

C. Wolcott Brooks,

Harding & Linekin,

J. F. Larrabee,

Hutchings & Rosenfield,

Sidney V. Smith,

Capt. Thorn,

Robert Lindsay,

J. A. Gilbert,

B. W. Leigh,

G. A. Van Bokkelen,

Rev. J. A. Buckingham,

Lewis Shearer,

F. R. Reynolds,

Regents of State of N. Y.

H. 0. Howard,

Gideon Nye, Jr.

A. F. Alovan,

Jacob Underbill,

W. F. Bryant,

A. J. Grayson,

Dr. F. A. Holman,

J. P. Corrigan,
L. Blanding,
J. A. Donohue,
F. Tagliabue,
W. T. Coleman & Co.
De Witt, Kittle & Co.
Sutton & Co.
Babcock, Cooley & Co.
Ross, Falconer & Co.
J. B. Weir,
Willey & Emanuel,
J. J. Earle & Co.
Wells, Fargo & Co.
J. H. Coghill & Co.
Crosby & Dibblee,
J. B. Newton & Co.
Wellington & Abbott,
C. C. Hastings,
Freeman & Co.
J. T. & W. H. Daly,
W. H. Davidge,
W. H. Stevens.

The whole number of members at present belonging to the Asso-
ciation is 1,S17 ; classified as follows, viz : Life Members, 106 ; Honor-
ary Members, 66 ; Share Holders, 612 ; Subscribing Members, 1,033.
Of the Subscribing Members, only those now paying dues are enumerated
in the above list; all holders of shares are included, but of the 612,
only 295 now pay dues, which added to 1,033, the number of active
subscribing members, makes the whole number of paying members at
the present time, 1328, showing a net increase since the last Annual
Report, of 491.

The following nine gentlemen have made themselves Life Members
of the Association during the year, by the payment of one hundred
dollars each, viz : —

J. S. Hittell,
D. C. McRuer,
J. G. Kellogg,

A. H. Barker,
J. Bermingham,
E. W. Leonard,

J. C. Merrill,
Erwin Davis,
A. Humbert.

Respectfully,

H. H. MOORE, Librarian.

PRESIDENT'S ANNUAL REPORT.

Gentlemen of the Mercantile Library Association.

I have the pleasure to submit to the members of the Mercantile Li-
brary Association the Seventh Annual Report, with such comments and
suggestions as have presented themselves to my mind, touching the in-
terests of this Institution.

The Treasurer's report, herewith, exhibits a gratifying increase in the
revenues of the Association, which have amounted during the past year
to 816,854,82, being about $4800 in excess of the receipts of any pre-
vious year. The expenditures of the past year have amounted to $19,
045,16, of which sum about $3,800 was appropriated for furnishing the
new rooms — and sundry expenses attendant upon removal.

Immediately, upon entering upon their official duties, the Board of
Directors took measures to bring before the Association the subject of
purchasing a building for its uses ; the matter was referred to a Special
Committee, who made an elaborate report, presenting a plan of action,
which was ordered printed, and strenuous efforts were made to induce a
good attendance of the members of the Association for its consideration ;
but so little interest was manifested in the project, that we were com-
pelled to abandon the enterprise for the time, and turn our attention to
procuring more commodious accommodations under leasehold. The re-
sult of our endeavors in that respect, was a lease of the rooms we now
occupy, for the term of three years, with the privilege of renewal for a
like term, at a monthly rent of $200.

In this connection I would suggest that we should not lose sight of
our building project. At the present ratio of increase, I apprehend that,
at the expiration of the first term of the present lease, the accommoda-
tions of this building will be inadequate to our requirements; and I
think the increased revenues of the association will warrant the Board
of Directors to set aside a small proportion as a Building Fund. A nu-
cleus once formed, will attract to itself in a few years, under proper
management, a sum sufficient to justify this Association in contracting a
debt, if necessary, to provide itself with suitable accommodations.

There has been expended the past year for books, magazines, &c,

$3,783 92. The number of books added to the Library by purchase
and donation, is 1525, many of which are very valuable works. The
total number of books now in the Library, is 11,485 — number withdrawn
during the year, 21,903. A donation of 106 volumes, not required by
the library, was made to the County Hospital during the year.

In future, there can, no doubt, be a larger sum expended each year,
than heretofore, for books, and it is of great moment that it should be
disbursed judiciously. The distribution of this fund is made at present
by the committee on books, composed of three members of the Board
of Directors, who often may be in office for only a single year, and can in so
short a time hardly become acquainted with the wants of the library —
I would therefore suggest that this interest should be entrusted to a
special committee, selected by the Board of Directors, from the members
of the Association, with special reference to their qualifications for this
important duty ; and that this committee should hold their office during
the pleasure of the Board. Unless some such plan shall be adopted, I
fear, that in a few years, our library, numerous in books, may be defic-
ient in many important departments of literature.

I would not depreciate the value of that class of literature which appeals
to the heart, rather than the head. So far as it exercises the affections,
cultivates the taste, refines and humanizes our natures, it should have a
large place in our public libraries ; but I beg leave to differ from those
who think it the duty of associations like this, merely to supply any de-
mand that the public may make upon it, for reading material. Library
associations I conceive to be one of the educational institutions of the
age ; and that it is the duty of those who control them, to endeavor to
refine and elevate the public taste.

From the Librarian's report, you will notice that the demand for
romances during the past year, has been nearly sixty per cent, of the
whole number of books withdrawn. Should this demand, as indicated,
govern the selection and purchase of books, by this association, in a
comparatively short time, we should find ourselves with a very small
proportion of books in any other department of letters.

LECTURES.

Early in the year, correspondence was opened with a number of emi-
nent gentlemen in the Atlantic States, which resulted in an engagement
with Bayard Taylor, for a course of lectures. These lectures proved
very attractive and contributed above $1,800 to our treasury.

The success attending this enterprise, I trust, will induce other en-
gagements of similar character.

The gratification such a course of lectures may give to the community,
and the pecuniary advantage accruing to our treasury may not be the
only benefit arising from like engagements. It is of no little moment
to us, that gentlemen, eminent in the literary firmament, whose words
are echoed throughout the civilized world, should visit our fair State,
and proclaim its marvels.

There have been added during the last year to our membership, 9
life members and 714 subscribing members. This large increase is
attributable to a reduction in the initiation fee, from five to two dollars
— to the attractions of the new rooms — and particularly to the earnest
efforts of parties interested in the success of candidates for office for
the ensuing year.

Of the members at the last Annual Report, there have withdrawn from
various causes 223, leaving a net increase of 491. The present number
of subscribing members and stockholders, paying dues, is 132S. If this
number can be sustained, and, in view of the attractiveness of our rooms
and their favorable location, I think it probable, it will insure to the
Association a revenue equal to its current expenses, and leave a large
surplus at the disposition of its government.

As this Association is rapidly increasing, and your interests commit-
ted to the Board of Directors, each year, are of more importance, I think
it would be advisable to so amend the Constitution, that one-half of the
Board of Directors should be elected annually, thus securing in the
Board at all times, a number who are familiar with its position and bus-
iness. This principle is recognized in the formation of nearly all leg-
islative bodies, and would, I believe, prove beneficial to the interests of
this Association.

I would recommend to the early attention of the Board of Directors,
the subject of revising the Constitution and By-Laws of this Association.
So many alterations and amendments have been made, and they exist in
such fragmentary parts, and the original was so imperfect in some of its
details, that I deem a revision essentially necessary. There are at pres-
ent 612 shares of stock outstanding. As I construe the Constitution,
all shares of stock upon which the dues or assessments remain unpaid
for six months, become forfeited to the Association — but this rule has
never been enforced. I commend the subject to the consideration of
the Directors.

Of the list of donors submitted by the Librarian in his report, the
following gentlemen have placed this Association under especial obliga-
tions to them during the past year : —

Wm. T. Coleman, Esq., for Audubon's valuable illustrated work. —
The Quadrupeds of America, in three volumes. Also, for Silliman's

Journal, in seventy-two volumes, and many_ friendly services, which
indicate a lively interest in our prosperity.

F. W. Macondray, Esq., for Agassiz Contributions to Natural History,
in two volumes.

Lieutenant R. S. Williamson, for Set of Topographical Maps of the
Western Coast of United States.

Messrs. W. T. Coleman & Co., Dewitt, Kittle & Co., Ross, Falconer
& Co., J. B. Weir, Esq., J. H. Coghill & Co. Crosby & Dibblee, Jno.
B. Newton & Co., C. C. Hastings, Esq., W. H. Stevens, Esq., Sutton &
Co., Babcock, Cooley & Co., Wells & Emanuel, John J. Earl & Co.,
Wells, Fargo & Co., Wellington & Abbott, J. T. & W. II. Daly, Free-
man & Co., W. H. Davidge, Esq., for portraits of Webster and Clay,
which are in our rooms.

Pacific Mail Steamship Co., United States Steamship Co., Panama
Railroad Co., for gratuitous transportation of freight during the year,
and for free passages granted, at our request, to Bayard Taylor.

Smithsonian Institute, for two volumes of Smithsonian Contributions
to knowledge.

Pioche, Bayerque & Co., for the donation of $150, being the amount
of one months rent.

To the Press, generally, for a generous supply of newspapers, our
thanks are due; and to the Alta, Bulletin and Times, of this City, for
advertising gratuitously the past year, (which has amounted to a sub-
stantial benefit,) we are under particular obligations.

To each and all of the gentlemen, who have bestowed favors upon us
during the past year, in behalf of the Association, I would express our
warm appreciation of their kindness, and our most grateful thanks.

The present eligible location of oiu* rooms, and their attractive char-
acter, promise large contributions to the prosperity of the Association.
I beg leave to reccommend that arrangements be made, whereby the
reading rooms may be supplied with the latest news, upon the arrival
of Steamers or Overland Mail, as early as any other public resort. We
live in an age when intelligence travels upon the lightnings' wing, and
in a community, impatient at such transmission, and it is incumbent
upon us to conform to the spirit of the age.

The rooms continue to be supplied with newspapers, from nearly every
State in the Union, with the leading English and French journals, and
with all the popular periodicals and magazines of the day. The Chess
room is furnished with whatever has been deemed necessary to the
pleasure and comfort of its frequenters. The Library room has been
arranged with reference to a better accommodation for ladies than here-
tofore, and it is hoped that they will find it an agreeable resort.

The property of the Association, has appreciated so much since the
last report, that the Directors considered it advisable to effect insurance
upon it for $20,000, which risk has been taken by four insurance offices,
in sums of $5,000.

There have been added to the works of Art, since the last Annual
Report, a painting representing the "Landing of Columbus," which was
purchased by the Association, and is pronounced by connoiseurs, a work
of considerable merit. Portraits of Webster and Clay, contributed by
merchants of New York, before mentioned. Nine busts of Ancient
Philosophers and Modern Statesmen, presented by C. W. Brooks, Esq.,
and a bust of "Washington, carved from Benicia stone by A. Pattenghi,
Esq., and presented by the artist.

The following changes have taken place during the year, in the Board
of Directors: —

Mr. Carlton, Vice President, resigned on account of proposed absence,
and Mr. H. H. Haight, was elected to the vacancy. Mr. Lee, Recording
Secretary, was compelled to resign by reason of ill health, and Mr.
Joshua Barker, was elected to the vacancy. Messrs. Stone, Swasey and
Hobert, resigned on account of proposed absence. The several vacan-
cies occasioned by the resignations and elections noted above, were
filled by the election of Messrs. Jacob Underbill, B. F. Voorhees, W.
H. Stevens, Joseph Eastland and J. F. Lightner, as members of the
Board of Directors.

The annual election for officers for the ensuing year, (postponed by
order of the Association, until the occupation of the new rooms,) was held
on Tuesday, March 6th. A spirit of generous rivalry stimulated the
friends of the various candidates, which resulted in a large accession to
our list of members, and contributed liberally to our treasury.

The Mantle of office fell upon the following named gentlemen : —

President, W. H. STEVENS.

Vice President W. K. GARRISON.

Corresponding Secretary, R. B. SWAIN.

Recording Secretary, EDWARD HUNT.

Treasurer, J. G. KELLOGG.

Directors: — Charles Wolcott Brooks, Frank Baker, D. P. Belknap, William Nor-
ris, J. W. J. Pierson, John Shaw, H. C. Macy, C. R. Bond, Thomas Bennett.

I beg leave in laying down the insignia of office, to congratulate this
Association upon its present position and future prospects. The ques-
tion of its success is resolved. It now only remains to use wisely the
means at our command, to develop an institution, which shall be to this
coast, an ornament and a pride. As indicative of the progress of social
order in our midst, the prosperity which has attended this Associatioa,

hiUst be, to every well wisher of this community, a constant source of
felicitation.

I now resign to my successor, the charge entrusted to my care. I
take leave of my associates in office with great regret. To me, the
frequent meetings in our official relations, have been agreeable and
pleasant reunions, and I take pleasure in testifying to the zeal and inter-
est manifested by the late Board of Directors, in the management of
the affairs of this Association ; and I know that whatever of care or
labor has been bestowed by them to the advancement of its interests, is
amply requited in view of the gratifying prosperity that attends this
institution, upon their retirement from office.

D. C. McRUER, President.

San Francisco, March 13. I860.

TABULAR STATISTICS

Shoiving the progress of the Mercantile Library Association, from its
organization in January, 1853, to March, 1860.

FINANCES.

1853. Receipts $10,858 50 Expenditures $10,726 51

1854. do 13,3S7 30 do 11,838 02

1855. do 9,015 85 do. 8,747 96

1856. do 10,300 00 do. 8,989 27

1857. do 11,777 S7 do 12,474 73

1858. do 12,089 15 do 11,704 09

1859. do 16,854 82 do. 19,045 16

GROWTH OF THE LIBRARY.

1853. Number of Volumes at the commencement of the year, . . 1,500
1S54. do. do. do. do. do. .. 2,705

1855. do. do. do. do. do. .. 3,315

1856. do. do. do. do. do. .. 3,833

1857. do. do. do. do. do. .. 6,135
185S. do. do. do. do. do. . . 8,447
1S59. do. do. do. do. do. ..10,066

1860. do. do. do. do. do. ..11,485

INCREASE OF MEMBERS.

1854. Number of Members at the commencement of the year, . 392

1855. do. do. do. do. do 552

1856. do. do. do. do. do 550

1857. do. do. do. do. do 1250

1858. do. do. do. do. do 1176

1859. do. do. do. do. do 1319

1860. do. do. do. do. do 1817

OPERATIONS OF THE LIBRARY.

1S54. Number of Volumes taken out, 3,371

1855. do. do. do 8,367

1856. do. do. do 10,466

1857. do. do. do 17,528

1858. do. do. do 17,321

1859. do. do. do 21,903

The terms of Membership in the Association, are, for a Subscribing
Member, an initiation fee of $2, and quarterly dues of $3, payable in
advance. Shares of $25 subject to the same assessments as Subscribing
Memberships. Life Memberships, $100, without further assessments,
Life Members are also entitled to have two shares of stock issued to
them without charge.

NEWSPAPERS OF CALIFORNIA AND THE PACIFIC
COAST, IN THE READING ROOMS, 1860.

SAN FRANCISCO.

Alta California,
Herald,
Daily Times,
Morning Call,
Evening Bulletin,

do Telegram,

do Gazette,
Golden Era,

Mercantile Gazette and Prices Current,
California Farmer,
The Pacific,

California Christian Advocate,
The Pacific Methodist,
The Monitor,
Spirit of the Times,
California Home Journal,
Weekly Gleaner,
The Pledge,
Le Phare,

L'Echo du Pacifique,
L'Eco della Patria,
Le Mineur,
Police Gazette.

SACRAMENMO.

Daily Union,
Morning Star,
Evening Post.

STOCKTON.

Daily Argus,

"Weekly Democrat,

San Joaquin Republican.

MARTSVILLE.

California Express,
National Democrat,
The Leader.

MISCELLANEOUS.

The Republican, Shasta, and Courier, do Polynesian,

Trinity Journal, Weaverville,
The Beacon, Red Bluff,
Sierra Democrat, Downieville,
Sierra Citizen, do

Mountain Messenger, La Porte,
Weekly Patriot, Iowa Hill,
The Butte Record, Oroville,
Plumas Standard, Quincy,
Hydraulic Press, North San Juan,
Placer Courier, Yankee Jims,
Nevada Journal, Nevada,
Nevada National, Grass Valley,
Tuolumne Courier, Columbia,
The Times, Coloma,
Placer Times, Auburn,
Union Democrat, Sonora,
Democratic Age, do
The Star, Mariposa,
The Democrat, Hornitas,
Folsom and Placerville Express,
Independent, San Andreas,
Napa County Reporter, Napa,
Sonoma County Journal, Petaluma,
Contra Costa Gazette, Martinez.
Alameda Gazette,
San Jose Telegraph, do Reporter,
Santa Cruz News,
San Diego Herald,
Southern Vineyard, Los Angelos,
The Star, do

Territorial Enterprise, Carson City,
Weekly Times, Portland, Standard,
Herald, Crescent City,
The Statesman, Salem,
Herald, Steilacoom,
Victoria Gazette, and Colonist,
Commercial Advertiser,

Honolulu,
do

-•♦o»

ATLANTIC AND EUROPEAN NEWSPAPERS RECEIVED
IN THE READING- ROOMS, 1860.

EASTERN.

Portland Transcript,

The Democrat, Bangor, Maine,

Bangor Daily Union,

Independent Democrat, Concord,

Bunker Hill Aurora, Charlestown, Mass.,

Rhode Island Country Journal, Prov.,

Boston Journal,

Boston Traveller,

Ballou's Pictorial,

Flag of our Union.

NEW YORK.

Courier and Enquirer,
Journal of Commerce,
Spectator,
Weekly Tribune,

" Times,

« Herald,
Harper's Weekly,
The Century,

Frank Leslie's Illustrated Newspaper,
Spirit of the Times,

Porter's Spirit,

The Ledger,

Home Journal,

The Albion,

Yankee Notions,

Irish News,

Scientific American,

Conrier des Etas Unis,

La Cronica,

New Yorker Democrat,

New Yorker Wocherblatt,

Stock Journal,

Working Farmer,

Country Gentleman.

SOUTHERN.

Weekly Southern Argus, Norfolk, Va,,
Weekly Clipper, Baltimore,
National Intelligencer, Washington,
National Era, do

Union, do

Weekly Constitution, do

Forney's Press, Philadelphia,
Dollar Newspaper, do

Mobile Weekly Advertiser,
True Delta, New Orleans,
Picayune, do

WESTERN.

Missouri Republican,

Louisville Journal,

Weekly Scientific Artizan, Cincinnati,

Cincinnati Dollar Commercial,

Wool Grower, Cleveland,

Chicago Weekly Journal,

Buffalo Commercial Advertiser,

Buffalo Patriot and Journal.

BRITISH AND OTHER FOREIGN PAPERS.

The Evening Mail, London,

Weekly Dispatch, do

Bell's Life in London,

Illustrated London News,

Illustrated News of the World,

London Punch,

Wilmer & Smith's European Times,

The Nation, Dublin,

Le Monde Illustree, Paris.

MAGAZINES RECEIVED IN THE READING ROOMS, 1860.

CALIFORNIAN.

Hutchings' Magazine,

The Hesperian,

California Culturist,

Pacific Medical and Surgical Journal,

San Francisco Medical Press,

The Pacific Expositor.

ENGLISH REPRINTS AND SELECTIONS.

All the Year Round,

Art Journal,

Bentley's Miscellany,

Blackwood's Magazine,

British and Foreign Medical and Chi-

rurgical Review,
Chambers' Journal,
Colburn's United Service Magazine,
Dublin University Magazine,
Edinburgh Review,
Eclectic Magazine,
Littell's Living Age,
London Athenaeum#
London Quarterly Review,
North British Review,
Notes and Queries,
Once a Week,
Tait's Edinburgh Magazine.
Westminster Review.

MISCELLANEOUS.

American Journal of Science and Art,

American Farmers' Magazine,

Atlantic Monthly,

Banker's Magazine,

Bronson's Quarterly Review,

Chess Monthly,

Cincinnatus,

Cosmopolitan Art Journal,

De Bow's Review,

Farmers' Magazine,

Harper's Magazine,

Historical Magazine,

Horticulturalist,

Hovey's Magazine of Horticulture,

Hunt's Merchant's Magazine,

Journal of the Franklin Institute,

Journal of Medical Science,

Knickerbocker Magazine,

Ladies' Home Magazine,

Mathematical Monthly,

Medical News and Library,

Mining Magazine,

Missionary Herald,

North American Review,

New Englander,

Southern Literary Messenger,

Young Mens' Magazine.

16
REGULATIONS OF THE READING ROOM.

Section 1. The Reading Room shall be open every day through-
out the year, from 8 o'clock, a. m., to 11 o'clock, p. m.

Sec. 2. Loud conversation and smoking shall not be allowed, except
in the room set apart for those purposes,

Sec. 3. No member will be allowed to remain in the Library or
Reading Room with his hat on.

Sec. 4. No member shall assume the liberty of arranging the books
of the Library, or periodicals on the tables, or of performing any of the
duties that devolve upon the Librarian.

Sec. 5. None but members shall be allowed the privilege of the
Reading Room, unless introduced by a member of the Association.

Sec. 6. Any member may have the privilege of introducing a friend
not a resident of the city, whose name shall be registered by the Libra-
rian in a book kept for that purpose, and who shall receive a ticket of
admission to the Reading Room for the term of four weeks.

Sec. 7. No member shall be allowed the privilege of the Reading
Room, unless all dues and forfeitures incurred are liquidated.

Sec. 8. No member shall be allowed to remove papers from the files,
or books, plates, or periodicals from the Reading Room.

Sec. 9. Any member who shall mutilate the periodicals or papers
placed on the files or tables in the Reading Room, or remove them there-
from, shall be liable to fine and expulsion.

Sec. 10. Should a member transgress any article in these Regula-
tions, he shall be reported to the Board of Directors, who may take such
measures thereon as they may deem expedient.

Sec. 11. The Regulations of the Library and Reading Room shall
not be altered, amended, or suspended, unless by the votes of six mem-
bers of the Board of Directors, present at a stated meeting, notice being
given for that purpose.

REGULATIONS OF THE LIBRARY.

The Library shall be open every day throughout the year, from 9
o'clock, A. M., to 10 o'clock, P. M., excepting Sundays, the Fourth of
July, Thanksgiving Day, Christmas and New Year.

A member may receive, applying personally, or by his written
order, one volume, if it be a folio or quarto ; and two, if an octavo, or
duodecimo, or volume of less size.

Every member may detain each book or set delivered as aforesaid, if
it be a folio or quarto, four weeks ; an octavo, tliree weeks ; or a book or
set of less size, two weeks; except new publications, which, until they
have been in the Library two months, shall not be detained — an octavo
longer than two weeks, and books of less size one week, and which shall
not be renewed. No book shall be reserved by the Librarian for any
director or member.

Any member who shall detain a book or set longer than the time
above limited, respectively, shall forfeit and pay to the Librarian for
every day a volume is so detained, if it be a folio, twenty cents; a
quarto, fifteen cents ; an octavo, ten cents ; if it be a duodecimo, or smaller
volume or pamphlet, five cents.

If any member lose or injure a book, he shall make the same good to
the Librarian; and if the book lost or injured be one of a set, he shall
pay to the Librarian, for the use of the Association, the full value of said
set, and may thereupon receive the remaining volumes as his property.

No member shall be permitted to receive a book from the Library
until he shall have paid all sums due from him to the Association, and
made good all damages and losses which he may have occasioned.

Books of Reference, and such others as may from time to time be
specially designated by the Board, shall not be taken from the Library,
except by special permission of a member of the Board of Directors ;
provided, however, that Newspapers, Encyclopaedias, Cyclopaedias, Dic-
tionaries and Atlasses, shall in no case be taken from the Library Rooms.

Any member wishing to withdraw from the Association, must inform
the Librarian of it, see that his resignation is registered, and pay up his
dues and fees, else he will be considered as continuing a member, and
charged accordingly, unless otherwise ordered by the Board of Directors.

OFFICERS, PAST AND PRESENT.

OFFICERS FOR 1853-4.

President, D. S. Turner.

Vice President, J. P. Haven.

Recording Secretary, W. H. Stevens.

Corresponding Secretary,. .Dr. H. Gibbons.

Treasurer, 0. E. Bowers, Jr.

Directors— E. E. Dunbar, J. B. Crockett, E. P. Flint, D. H. Haskell.

Librarian, "W. D. Bickman.

Assistant, J. J. Tayker.

OFFICERS FOR 1854-5.

President, D. S. Turner.

Vice President H. Ohanning Beals.

Recording Secretary, W. H. Stevens.

Corresponding Secretary, . .F. A. Woochvorth.

Treasurer, C. L. Strong.

Directors— W. R. Wadsworth, P. A. Roach, J. H. Purkitt, E. P. Flint,
F. S. Hawley, W. MacMichael, D. Olyphant Vail, A. G. Randall,
J. H. Gardiner.

Librarian, Horace Davis.

Assistant, J. J. Tayker.

OFFICERS FOR 1S55-6.

President, Henry M. Hale.

Vice President, W. H. Stevens.

Recording Secretary, J. H. Gardiner.

Corresponding Secretary, . . F. A. TVoodwortli.

Treasurer, Spear Riddell.

Directors — J. H. Purkitt, Ira P. Rankin, A. W. McKee, J. B. Newton,
R. D. W. Davis, R. E. Brewster, W. A. Macondray, J. M. Cough-
lin, "W. R. Wadswortb.

Librarian, E. De Sola.

Assistant, J. J. Tayker.

OFFICERS FOR 1856-?.

President F. A. Woodworth.

Vice President, E. H. Washburn.

Recording Secretary, W. 0. Hyde.

Corresponding Secretary,. -E. H. Howard.

Treasurer, W. R. Garrison.

Directors — J. G. Kittle, J. H. Coghill, H. D. Oliphant, C. J. Dempster,
H. D. Walbridge, T. J. L. Smiley, W. J. Bailey, J. A. Donahoe,
G. H. Kellogg.

Librarian, H. H. Moore.

Assistant, J. J. Tayker.

OFFICERS FOR 1857-8.

President, Ira P. Rankin.

Vice President, Andrew W. McKee.

Recording Secretary, H. D. Olipliant.

Corresponding Secretary, . . J. M. Sliotwell.

Treasurer, Jules David.

Directors — P. Verplank, Jr., C. H. Raymond, M.J.Burke, Samuel
Hubbard, T. J. Lamb, George Howes, Wm. Arrington, Benjamin
Haynes, W. F. Parker.

Librarian, H. H. Moore.

Assistants, < '

i J. J. Tayker.

OFFICERS FOR 1858-9.

President, E. H. Washburn.

Vice President, Joseph A. Donahoe.

Recording Secretary, Samuel Hubbard.

Corresponding Secretary,. .B. Watkins Leigh.

Treasurer, Joseph M. Sliotwell.

Directors — A. L. Tubbs, 0. H. Raymond, Thomas S. Miller, Joseph S.
Paxson, Julius K. Rose, Albert Miller, R. B. Swain, P. T. South-
worth. Jacob B. Moore.

Librarian, H. H. Moore.

Assistants, { '

t „ J. J. Tayker.

OFFICERS FOR 1859-60.

President, D. C. McRuer.

Vice President, Henry Carlton, Jr.

Recording Secretary, Henry 0. Lee.

Corresponding Secretary, ...Edward J. Pringle.

Treasurer, T. C. Banks.

Directors — F. A. Holman, J. C. Stone, E. J. Muygridge, Joshua Bar-
ker, J. W. White, Henry H. Haight, J. B. Swasey, S. C. Bigelow,
Joseph Hohart.

Librarian, H. H. Moore.

. .. . i D. E.Webb,

Assistants, <

I J. J. Tavker.

EIGHTH

ANNUAL REPORT

OF THE

:e*x£esij3eivt

OF THE

ercantih fikarg ^ssoriatum

£$£,

S-A.3ST Fi^-A.isrGisao3

WITH

THE TREASURER AND LIBRARIAN'S REPORT,
AND. LIST OF OFFICERS FOR 1861-62.

SAN FRANCISCO :

A.QNEW * DEFFEBACH, PRINTERS, 125 3ANSOME STREET.
186 1.

LIST OF OFFICERS

OF THE

MERCANTILE LIBRARY ASSOCIATION,

For 1861-62.

President JAMES W. WHITE.

Vice-President THOS. J. LAMB.

Treasurer BENJ. SMITH.

Recording Secretary E. H. JACQUELIN.

Corresponding Secretary WALTER MARTINEAU.

DIRECTORS.

MAJ. H. LEONARD, A. L. EDWARDS,

JOHN S. DAVIES, J. P. NOURSE,

R. C. ROGERS, J. LAWRENCE POOL,

J. M. STROBRIDGE, J. C. JOHNSON,

J. M. McNULTY, M. D.

Librarian H. H. MOORE.

Assistants D. E. WEBB and J. J. TAYKER.

ANNUAL REPORT

OP THE

TEEASIJEER

OF THE

San Francisco Mercantile Library Association,

-♦♦♦-

Balance on hand, March 15th, 1860 $758 25

RECEIPTS.

Quarterly Dues received from Members $12,223 50

Initiation Fees from new Members 654 00

Life Membership from three Life Members 300 00

Lectures— receipts from regular course 951 00

Books sold, lost, etc 92 50

Course of Lectures by Thos. Starr King 2,383 50

Total receipts for the year 16,604 50

$17,362 75
EXPENDITURES.

Library account, for books, magazines, etc $4,969 35

Expense account, rent, gas, fuel, etc 5>1C9 12

Salaries of Librarian and Assistants 3,754 31

Furniture 48 00

Printing 242 50

Catalogue 250 00

Expenses of Lectures by Thos. Starr King, and regular course 1,575 75

Furnishing new rooms ^^ "

Total expenditures for the year 16,482 20

Balance in hands of the Treasurer $880 55

J. G. KELLOGG,

Treasurer.
San Francisco, Jan. 28th, 1861.

Nora—There remains some $2,000 of debts owing by the Library at date of Treasurer's Report.

LIBRARIAN'S ANNUAL REPORT.

Mercantile Library Rooms, )
San Francisco, Jan. 28, 1861. \

To the Members of the Mercantile Library Association :

I have the honor of submitting to you the following Report
of the statistics and operations of the Library and Reading
Rooms, from the date of my last Annual Report, (March 13th,
I860,) to the present time.

The whole number of books borrowed from the Library during
the year was 25,757, which were classified as follows, viz :

Romauce 16,292 vols. Science and Art 1,067 vols.

Travels 1,695 " Poetry 573 "

Biography 2,211 " Miscellany 1,148 "

History 1,231 " Bound Periodicals 173 "

Belles-Lettres 1,195 " Religion 172 «

The whole number of books taken out in the course of the
year was 3,854 greater than in the preceding one. Nearly the
whole increase appears to have been in the department of Novels
and Romances, and the remainder was about equally divided be-
tween those of Science and Art, and Biography. The largest
number of volumes drawn in any single month was 2,826, in
March, and the smallest 2,436, in November, 1860.

There have been 2,336 volumes added to the Library during
the year, which were classified and arranged into the following-
departments, making the numbers in each —

Romance 2,664 vols. Poetry 867 vols

Travels 1,244 " Religion 435 "

Biography 1,282 " Law and Politics 727 "

History 1,297 " Reference and Miscellaneous 1,741 "

Belles-Lettres 974 " Bound Newspapers 154 "

Arts and Sciences 1,280 " Bound Periodicals 1,262 "

which, (2,336 volumes,) added to the number reported last year,
namely 11,485, would make the entire number of, at present,
composing the Library, 13,821 volumes ; but if the books which
have been lost and worn out, during eight years, and those of
the duplicates which are of no use to the members, were not
counted, its whole number for practical purposes would not much
exceed 13,000 volumes. It will be seen that, while considerable
additions have been made to each of. the departments, those of
the Arts ancl Sciences, and the bound Periodicals, have received,
each, an unusual number of addition. Among some of the most
valuable of the accessions, both by donation and purchase, may
be named the following works :

Lord Kingsborough's Antiquities of Mexico and Dupaix Monuments of New-
Spain ; 9 volumes imperial folio. (Presented by Eugene Casserly, Esq.)

Two Portfolios, containing 120 of the large Photographic Views in Rome ; by
Macpherson. (Presented by Henry M. Naglee, Esq.)

A Folio Volume of Photographic copies of Documents, etc., submitted upon the
trial of the Limantour Case. (Presented by J. B. Williams, Esq.)

Blackwood's Magazine, 81 volumes.
The Quarterly Review, 108 volumes.
Southern Literary Messenger, 25 volumes.
Biographie Nouvelle des Contemporains, 25 volumes.
Schoolcraft's Indian Tribes of the United States, 5 volumes royal quarto.
Benton's Abridgment of the Debates in Congress, 14 volumes.
The Supplementary Volumes of the United States Exploring Expedition ; by
Dana, Gould & Hale ; with folio volumes of Colored Plates.

Journal des Mines, 19 volumes.

Tevnaux-Compan's Collection des Voyages a l'Amerique, 20 volumes.

Lardner's Cabinet Cyclopedia, 130 volumes.

Cassin's Birds of America, 2 volumes quarto.

Shaw's Dresses and Decorations of the Middle Ages, 2 volumes ; etc., etc.

Many additions have been made to the Magazines and News-
papers, taken for use in the Reading Rooms, among which are :
The Artizan, The Builder, Fraser's Magazines, The United Ser-
vice, Dublin University, Civil Engineer, Mechanics, Philosoph-
ical and Cornhill Magazines, Annals of Natural History, Hall's
Journal of Health, Revue des Deux Mondes, etc., etc.; and of
Newspapers, The Century, Vanity Fair, The Engineer, Mining-
Journals, (English and American,) The Spectator, Gardner's
Chronicle, Railway Times, Examiner, etc.

The Catalogue, alluded to in my last report, has been printed,
and will be ready in a few days.

During the year, the Association has been presented with
many valuable donations of books, works of art, and natural
curiosities, by the following gentlemen, libraries, etc.:

Capt. H. W. Halleck,

M. Frank,

Rev. Dr. Burrows,

C. Wolcott Brooks,

Sidney V. Smith,

Prof. A. D. Bache,

T. J. L. Smiley,

J. Ross Browne,

Capt. T. B. Cunningham,

Hon. Archibald Campbell,

G. Davidson,

Boston Public Library,

Horace Davis,

Smithsonian Institution,

A. Roman,

J. Ferguson,

J. B. Williams,

Dr. J. B. Trask,

E. R. Campbell,

C. R. Bond.

S. H. Parker,
J. Roach,
G. OH. Taaffe.
Harding & Linekin,
W. II. Shoek,
Hon. C. L. Scott,
Capt. G. Thorn,
A. S.. Taylor,
J. Archbald,

D. C. Stone,
R. II. Brown,

Swan, Brewer & Tileston,
H. Wilkes,
H. D. Dunn.
J. S. Horaans,

E. Conway,
Lucian Skinner,
Mrs. J. P. Haven,
H. M. Naglee,

A. J. Moulder,
R. Hawkshurst,
Mrs. J. F. Lightucr,
J. de f remery,
S. W. Tatem,
E. J. Muygridge,
C. A. Ely,
II. G. Langley,
Hon. M. S. Latham,
Monroe Ashbury,
A. Humbert,
H. La Reintrie,
G. H. Bell,
C. A. Scammon,
J. W. Forney,
J. W. Osborne,
J. S. Davies,
W. R. Wood,
Eugeue Casserly,

The whole number of members at present belonging to the
Association is 1,694 — classified as follows, viz : Life Members,
109 ; Honorary Members, 67 ; Shareholders, 618 ; Subscribing
Members, 900. Of the Subscribing Members, only those now
paying dues are enumerated in the list ; all holders of shares are
included, but of the 618, only 257 now pay dues, which, added
to 900, the number of paying subscribing members, makes the
whole number now contributing to the Association, 1,157.

The following three gentlemen have made themselves Life

Members of the Association during the year, by the payment of

one hundred dollars each, viz : Louis A. Garnett, Lloyd Tevis,

and Lewis Pierce.

Respectfully,

H. H. MOORE,

Librarian.

PRESIDENT'S ANNUAL EEPOET.

» < «

Gentlemen of the Mercantile Library Association :

In compliance with the provisions of the Constitution, I
have the pleasure of submitting to you the Eighth Annual Re-
port of the Association, with such suggestions as may seem
" calculated to promote its prosperity."

FINANCES.

The Report of the Treasurer, embracing a period of about ten

months, viz : from March 15th, 1860, to January 26th, 1861,

shows as follows :

Total Receipts $16,513 50

Add balance on hand, March 15th, 1860 758 25

Total $17,271 75

Expenditures 16,470 20

Balance in Treasury, January 2Gth, 1861 $801 55

I subjoin a comparative statement of the Receipts and Expen-
ditures during such period of ten months and the preceding pe-
riod of fourteen months, with a brief review of the several items.

RECEIPTS.

Quarterly Dues from Members. — In this important item, there
is the large increase of $2,308 50.

Initiation fees from Members. — Here appears a decrease of $838.

Life Membership. — A decrease also of $600, having added only
three Life Members.

Books Sold, Lost, fyc. — Increase of some few dollars.

EXPENDITURES.

Library Account for Books, Magazines, fyc. — This exhibits an
increase of $1,100 98. But it will be borne in mind that unusu-

ally large and more valuable additions have been made to our
Library during the period named, namely ten months, than du-
ring the whole of any other year.

Expense Account, Rent, Gas, Fuel, fyc. — An increase of $337 81.

Expense of Lectures. — Here we observe a decrease of $474.
Neither the receipts nor expenditures in this item were so large
as last year.

Salaries of Librarian and Assistants. — The amount is less by
$612 11, than appears in the last Annual Report.

Furniture and Furnishing New Rooms. — These items, taken
together, show a decrease of $3,036 14. But it is only requisite
to state, in explanation of this apparently great difference, that
unusually large disbursements were rendered necessary last year
by the removal to and occupation of our new Rooms.

Catalogue Account. — The sum thus far expended is about
$250. The entire cost of the new Catalogue will reach $650,
or thereabouts.

LIBRARY.

From the full and able Report of the Librarian, we learn that
the whole amount of Books drawn from the Library during the
year is 25,757 — being greater by 3,854 than the number drawn
out during the preceding year, or rather, speaking with more
exactness, during the preceding term of fourteen months.

There have been, during the year, 2,336 volumes added to the
Library, which now contains about 13,821 volumes. Among
these new acquisitions are many works of great value in Science,
Arts, History, Geography, Antiquity, etc.

MEMBERS.

The Members now belonging to the Association are stated to
be as follows : Life Members, 108; Honorary Members, 66; Sub-
scribing Members, 900 ; Shareholders, 618. Total, 1,692.

Of the subscribing members, only those paying dues* are
enumerated, and these added to the number of shareholders
paying dues, viz : 257 — make the present aggregate of 1,157
paying members, thus showing a nominal decrease of 171 paying

members since the last Annual Report. I say nominal, because
it will be noticed that while there has been this apparent de-
crease in the number of paying members, the amount of Quar-
terly Dues received, during the past ten months, actually exceeds
by $2,308 50, the whole amount received during the preceding
term of fourteen months.

DONATIONS.

The Association is particularly indebted to the following
named gentlemen, for valuable donations :

Eugene Casserly, Esq. — Lord Kingsborough's Antiquities of Mexico, and Du
Paix Monuments of New Spain ; 9 volumes imperial folio. A very rare and
costly work.

H. M. Naglee, Esq.— McPherson's Photographic Views in Rome ; 120 Plates on
post folio.

J. B. Williams, Esq. — Photographic Copies of the Limantour Documents.

Hod. M. S. Latham, Hon. J. C. McKibben, and Hon. C. L. Scott. — Collection of
Congressional Reports, etc.

C. Wolcott Brooks, Esq. — Plaster Busts of Ancient and Modern Philosophers
and Statesmen.

Wm. K. Woods, Esq. — A Collection of Plaster Casts of Medallions of Kings of
France, etc.

READING ROOM.

This important adjunct of the Institution has been, during the
past year, kept fully up to its high standard. It is the most
attractive and commodious one in the State ; and continues to
be abundantly and promptly supplied with the leading Journals,
Magazines and Reviews, both foreign and American — comprising
such new serials as possess sufficient merit to justify their addi-
tion to our already extensive range of periodical literature.

CHESS ROOM.

This Room is furnished with taste and convenience, and is
regarded, very properly, I believe, as an agreeable, as well as
useful, feature of our Association. It is consequently frequented
by our members.

LIBRARIANS.

To Mr. H. H. Moore, the Librarian, and Mr. Daniel E. Webb,
the Assistant Librarian, we are under obligations for the syste-

niatic, thorough and uniformly courteous manner in which they
have discharged the duties of their office. The thanks of the
Association are, moreover, additionally due to them, for the pre-
paration of a new and admirably arranged —

ANALYTICAL CATALOGUE.

From this, it appears that the Library now contains, as before

stated, nearly fourteen thousand volumes — an increase gratifying

to ourselves, and surprising, when compared with the progress

of the Mercantile Libraries of other cities :

Boston founded in 1820, contained 19,000 volumes in 1860.

New York

Philadelphia .
Cincinnati. . .
Baltimore. . . .

St. Louis

Brooklyn.. . .

" 1820,

55,000

1821,

16,800

" 183-1,

21,000

" 1839,

16,950

" 1846,

16,000

" 1858,

17,500

LECTURES

•

During the past year, two Courses of Public Lectures have
been delivered, as follows :

First Course. — By Rev. T. Starr King, May 10th 1860 ; subject, " Substance and
Show." May 15th, " Life, Humor and Genius of Socrates." May 21st, " The
Laws of Disorder." May 24th, " Personal Power and its Voices."

Second Course.— By Rev. T. Starr King, Dec. 27th, 1860 ; subject, " Existence and
Life." By the Rev. W. A. Scott, D. D., Jan. 3d, 1861 ; subject, " Pleasures of Uni-
ting Literay Tastes with Busiuess Pursuits." By Jas. F. Bowman, Esq., Jan. 11th ;
subject, " Poets, Poetry and the Ideal Faculty." By Rev. T. Starr King. January
17 th ; subject, " Books and Reading." By Robert C. Rogers, Esq., January 24th ;
subject, " Garibaldi."

These Lectures were of a hio;h order of merit, and well re-
ceived.

It is suggested that the Course of Lectures might be, not only
increased in number, but varied also in kind. Could not Lec-
tures on scientific subjects — such as Astronomy, Geology, Miner-
alogy, Chemistry, etc., properly treated and illustrated, be made
to alternate usefully and agreeably with Lectures on Belles-
Lettres, History, Biography, Travel, etc. ?

I would also recur to the recommendation made by President
McRuer, in the Seventh Annual Eeport : " That competent gen-

tleinen be invited from abroad, as well as from our own State,
to lecture before the Association." Indeed, a correspondence
has been opened, during the past year, for such purpose, but, as
yet, no engagements have been perfected. Let us show, how-
ever, even in this, that we are, what we claim to be, peculiarly
cosmopolitan — liberal — and that we recognize only the sway of
enlarged and enlighted influences in the Republic of Letters.

C LASSES.

It is undoubtedly known to you, that there has long been suc-
cessfully introduced, into other Institutions of a similar character,
the system of classes — whereby, the members can enjoy, at a
trifling expense, the best instruction in studies at once useful and
popular. Mr. President Woodworth, in the Fourth Annual Re-
port, thus forcibly suggests the adoption of this system by our
own Association :

" The plan has been adopted with great success by kindred Associations in the
Eastern cities, and I have no doubt it would meet with equal favor and success
here in California. Young men of limited means may thus be enabled, at a very
trifling expense, to perfect themselves in any of the branches of education wherein
they may be deficient. All the various branches might thus be acquired at an
expense about equivalent to the cost of any one of them studied separately by an
individual student. Liberal arrangements can be made with the necessary Pro-
ft-sors to conduct the classes, and ample accommodations can be obtained by them
on the third floor of the building now occupied by the Association. The inaugu-
ration of thi3 new feature could not but have the tendency to largely increase the
number of members, as its privileges would, of course, be confined exclusively to
members of the Association. I trust you will give this subject the serious consid-
eration its importance demands, for I believe there are hundreds of young men
who would be gladly willing to enrol their names upon your list of members,
could this additional inducement be offered to them."

CABINET.

In connection with the lectures on Scientific Subjects, and the
system of Classes, I would suggest the systematic formation of a
scientifically arranged collection of specimens in Geology, Min-
eralogy, etc. Such a cabinet could readily be made here, and
would constitute not only a highly interesting, but most useful
addition to our means of acquiring sound and profitable
knowledge.

BUILDING A HALL.

It will not be forgotten, that one of the first objects of our
Association is, " the purchase of a suitable lot of land, and the
erection thereon of a proper Building, or Hall, for the uses of
the Association." Why not take some determinate step at once
in the matter ?

I earnestly suggest that we do — that we set apart some cer-
tain Fund — say the Lecture Fund, or proceeds arising from the
Lectures, for such purpose. Thus, the measure, once definitely
resolved upon and taken, will, in accordance with the general
spirit of the Association, be vigorously pursued, and result
speedily in the realization of this great project.

STOCK.

There have been issued 618 shares of Stock ; of these, only
257 pay dues. It is suggested that the necessary steps be takeu
to call them all in, and vest the ownership of them exclusively
in the Association. As many stockholders have already ex-
pressed their willingness to surrender up their shares, there is
no doubt but that, by well considered efforts and tact, the above
suggestion could be speedily carried out with complete success.
It would follow, necessarily, also, that no more stock should be
issued, and that the Constitution should be correspondingly
amended.

REVISION OF CONSTITUTION.

This whole subject was referred to a competent Committee,
whose Report will, I understand, be presented to the Associa-
tion this evening.

DEATHS.

During the past year, two of our Life Members have been re-
moved from us by death. Frederick P. Tracy, Esq., and Gen.
J. P. Haven.

Gen. Haven was the first Vice-President of the Association,
and always manifested the utmost interest in its prosperity. On
the occasion of his decease, suitable resolutions were passed and
entered upon the Minutes of the Board.

BOARD OF DIRECTORS.

The Vice-President, Wm. R. Garrison, Esq., having left for
the Atlantic States, the vacancy thereby created was filled by
the election of Wm. Norris, Esq. C. Wolcott Brooks, Esq.,
being about to leave on a visit to the East, also resigned, and
the vacancy was filled by the election of Monroe Ashbury, Esq.
Frank Baker, Esq., also resigned, on account of proposed ab-
sence ; but this vacancy has not been filled.

The Annual Election, held on Monday, January 21st, 1861,
resulted in the choice of the following named gentlemen :

President JAS. W. WHITE.

Vice-President THOS. J. LAMB.

Treasurer BENJ. SMITH.

Recording Secretary E. H. J ACQUELIN.

Corresponding Secretary WALTER MARTINEAU.

Directors.— Maj. H. Leonard, A. L. Edwards, John S. Davies, J. P. Nourse, R. C.
Rogers, J. Lawrence Pool, J. M. Strobridge, J. C. Johnson, J. M. McNulty, M. D.

Iii conclusion, gentlemen, and fellow members, we may be per-
mitted to congratulate ourselves on the healthy and prosperous
condition of our Association. The brief retrospect, which has
just been presented to you, of our progress during the past year,
shows that we have fully kept pace with the onward march of
the intelligent enterprises of our own day and City and State.
Let these pleasing reflections, however, serve only as incentives
to still greater, more energetic and unremitting action, Let us
as well united as each one in his own sphere, lose no opportu-
nity of carrying out the objects of our Association — urging its
onward movement, and developing its usefulness and its influ-
ence. In a word, let us, animated by the spirit of a generous
emulation, work constantly and heartily together, in the en-
deavor to place the Mercantile Library Association of San Fran-
cisco among the foremost of kindred Institutions.

WM. H. STEVENS,

President.

TABULAR STATISTICS

Showing the progress of the Mercantile Library Jissociation, from
its organization in January, 1853, to March, 1860.

1853.
1854.
1855.
1856.
1857.
1858.
1859.
1860.

1853.
1854.
1855.
1856.

1857.
1858.
1859.
1860.
1861.

1854.
1855.
1856.

1857.
1858.
1859.
1860.
1861.

1854.
1855.
1856.

1857.
1858.
1859.
1860.

Receipts

.$10,858 50. Expenditures $10,726 51

13,387 30.
9,015 85.
10,300 00.
11.777 87.
12.089 15.
16.854 82.
15.604 50.

11,838 02

8,747 96

8,989 27

12.474 73

11.704 09

19,045 16

16,482 20

GROWTH OF THE LIBRARY.

No. of Volumes at the commencement of the year. .1,500

..2,705
..3,315
..3,833
..6,135
. . 8.447
. 10,066
.11,486
.13,821

a
a
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a
it

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it

a
a
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a
K

((

a
a
a
u
a
a
a
a

a
a

a
a
a
a

INCREASE OP MEMBERS.

No. of Members at the commencement of the year

a
a
a

a
a
u
u
a
a
a

a
u
a
a
a
a

a
a
a
a
a
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. 392
. 552

. 550
. 1250
.1176
.1319
.1817
.1694

OPERATIONS OF THE LIBRARY.

No. of Volumes taken out 3,371

8,367

10,466

17.528

17,321

, 21,903

25,757

The terms of Membership in this Association, are, for a Subscribing Member, an
initiation fee of $2, and quarterly dues of S3, payable in advance. Shares of $25
subject to the same assessments as Subscribing Memberships. Life Memberships,
$100, without further assessments. Life Members are also entitled to have two
shares of stock issued to them without charge.

15
REGULATIONS OF THE READING ROOM.

Sec. 1. — The Reading Room shall be open every day through-
out the year, from 8 o'clock A. M., to 11 o'clock P. M.

Sec. 2. — No member shall assume the liberty of arranging the
books of the Library, or periodicals on the tables, or of per-
forming any of the duties that devolve upon the Librarian.

Sec. 3. — None but members shall be allowed the privilege
of the Reading Room, unless introduced by a member of the
Association.

Sec. 4. — Any member may have the privilege of introducing a
friend not a resident of the city, whose name shall be registered
by the Librarian in a book kept for that purpose, and who shall
receive a ticket of admission to the Reading Room tor the term
of four weeks.

Sec 5. — No member shall be allowed the privilege of the
Reading Room, unless all dues and forfeituress incurred are
liquidated.

Sec. 6.' — No member shall be allowed to remove papers from
the files, or books, plates or periodicals from the Reading Room.

Sec. 7. — Any member who shall mutilate the periodicals or
papers placed on the files or tables in the Reading Room, or re-
move them therefrom, shall be liable to fine and expulsion.

Sec. 8. — Should a member transgress any article in these Reg-
ulations, he shall be reported to the Board of Directors, who may
take such measures thereon as they may deem expedient.

Sec. 9. — The Regulations of the Library and Reading Room
shall not be altered, amended, or suspended, unless by the votes
of six members of the Board of Directors, present at a stated
meeting, notice being given for that purpose.

REGULATIONS OF THE LIBRARY.

The Library shall be open every day throughout the year, from
9 o'clock, A. M., to 10 o'clock, P. M., excepting Sundays, the
Fourth of July, Thanksgiving Day, Christmas and New Year.

A member may receive, applying personally, or by his written
order, one volume, if it be a folio or quarto ; and two, if an oc-
tavo, or duodecimo, or volume of less size.

Every member may detain each book or set delivered as afore-
said, if it be a folio or quarto, four weeks ; an octavo, three
weeks ; or a book or set of less size, two weeks ; except new
publications, which, until they have been in the Library two
months, shall not be detained — an octavo longer than two weeks,
and books of less size one week, and which shall not be renewed.
No book shall be reserved by the Librarian for any Director or
Member.

Any member who shall detain a book or set longer than the
time above limited, respectively, shall forfeit and pay to the
Librarian for every day a volume is so detained, if it be a folio,
twenty cents ; a quarto, fifteen cents ; an octavo, ten cents ; if it
be a duodecimo, or smaller volume or pamphlet, five cents.

If any member lose or injure a book, he shall make the same
good to the Librarian ; and if the book lost or injured be one of
a set, he shall pay to the Librarian, for the use of the Associa-
tion, the full value of said set, and may thereupon receive the
remaining volumes as his property.

No member shall be permitted to receive a book from the
Library until he shall have paid all sums due from him to the
Association, and made good all damages and losses which he
may have occasioned.

Books of Reference, and such others as may from time to time
be specially designated by the Board, shall not be taken from
the Library, except by special permission of a member of the
Board of Directors ; provided, however, that Newspapers, Ency-
clopaedias, Cyclopaedias, Dictionaries and Atlasses, shall, in no
case, be taken from the Library Rooms.

Any member wishing to withdraw from the Association, must
inform the Librarian of it, see that his resignation is registered,
and pay up his dues and fees, else he will be considered as con-
tinuing a member, and charged accordingly, unless otherwise
ordered by the Board of Directors.

OFFICERS— PAST AND PRESENT.

. •

OFFICERS FOR 1853-4.

President D. S. Turner.

Vice-President J. P. Haven.

Recording Secretary W. H. Stevens.

Corresponding Secretary Dr. H. Gibbons.

Treasurer C. E. Bowers, Jr.

Directors— -E. E. Dunbar, J. B. Crockett, E. P. Flint, D. H.
Haskell.

Librarian W. D. Bickman.

Assistant J. J. Tayker.

OFFICERS FCR 1854-5.

President D. S. Turner.

Vice-President H. Channing Beals.

Recording Secretary W. H. Stevens.

Corresponding Secretary F. A. Wood worth.

Treasurer C. L. Strong.

Directors— W. R. Wadsworth, P. A. Roach, J. H. Purkitt, E.
P. Flint, F. S. Hawley, W. MacMichael, D. Olyphant Vail, A.
G. Randall, J. H. Gardner.

Librarian Horace Davis.

Assistant J. J. Tayker.

OFFICERS FOR 1855-6.

President Henry M. Hale.

Vice-President , W. H. Stevens.

Recording Secretary J. H. Gardiner.

Corresponding Secretary F. A. Woodworth.

Treasurer Spear Riddell.

Directors — J. H. Purkitt, Ira P. Rankin, A. W. McKee, J. B.
Newton, R. D. W. Davis, R. E. Brewster, W. A. Macondray, J.
M. Coughlin, W. R. Wadsworth.

Librarian E. De Sola.

Assistant J.J. Tayker.

OFFICERS FOR 1856-7.

President F. A. Woodworth.

Vice-President E. H. Washburn.

Recording Secretary W. C. Hyde.

Corresponding Secretary E. H. Howard.

Treasurer W. R. Garrison.

Directors— J. G. Kittle, J. H. Coghill, H. D. Oliphant, C. J.
Dempster, H. D. Walbridge, T. J. L. Smiley, W. J. Bailey, J.
A. Donohoe, G. H. Kellogg.

Librarian H. H. Moore.

Assistant J. J. Tayker.

OFFICERS FOR 1857-8.

President Ira P. Rankin.

Vice-President Andrew W. McKee.

Recording Secretary II. D. Oliphant.

Corresponding Secretary J. M. Shotwell.

Treasurer Jules David.

Directors — P. Yerplank, Jr., C. H. Raymond, M. J. Burke,
Samuel Hubbard, T. J. Lamb, George Howes, Wm. Arrington,
Benjamin Haynes, W. F. Parker.

Librarian . . . H. H. Moore.

Assistants D. E. Webb, J. J. Tayker.

OFFICERS FOR 185l8-9.

I
S

President E. H. Washburn.

Vice-President > Joseph A. Donohoe.

Recording Secretary Samuel Hubbard.

Corresponding Secretary. B. Watkins Leigh.

Treasurer Joseph M. Shotwell.

Directors — A. L. Tubbs, C. H. Raymond, Thomas S. Miller,
Joseph S. Paxson, Julius K. Rose, Albert Miller, R. B. Swain,
P. T. Southworth, Jacob B. Moore.

Librarian H. H. Moore.

Assistants D. E. Webb, J. J. Tayker,

OFFICERS FOR 1859-60.

President D. C. McRuer.

Vice-President Henry Carlton, Jr.

Recording Secretary Henry C. Lee.

Corresponding Secretary Edward J. Pringle.

Treasurer T. 0. Banks.

Directors— F. A. Holman, J. C. Stone, E. J. Muygridge, Joshua
Barker, J. W. White, Henry M. Haiglit, J. B. Swasey, S. C.
Bigelow, Joseph Hobart.

Librarian H. H. Moore.

Assistants D. E. Webb, J. J. Tayker.

OFFICERS FOR 1860-61.

President Wm. H. Stevens.

Vice-President Wm. R. Garrison.

Corresponding Secretary R. B. Swain.

Recording Secretary Edw. Hunt.

Treasurer J- G. Kellogg.

Directors— Chas. Wolcott Brooks, Frank Baker, D. P. Belknap,
William Norris, James W. J. Pierson, John Shaw, H. C. Macy,
Charles R. Bond, Thomas Bennett.

Librarian H. H. Moore.

Assistants D. E. Webb, J. J. Tayker.

•

NINTH

ANNUAL REPORT

OF THE

PRESIDENT

OF THE

mmttiie Jilrrarg ^wMmt,

SAN FHA.]SrOISCO.

WITH THE

TREASURER AND LIBRARIAN'S REPORT, AND
LIST OF OFFICERS FOR 1862.

SAN FRANCISCO:

PRINTED BY CHAELES F. BOBBINS & CO.,

413 TO 417 CLAY STREET.
1862.

LIST OF OFFICERS

OF THK

CL.SJ (?3 <S SO

FOR 1862.

"President :
JACOB UNDERHILL.

Vice President : Treasurer :

WILLIAM NORRIS. CAMILO MARTIN.

Corresponding Secretary : Recording Secretary :

SYDNEY V. SMITH. . WILLIAM M. NOYES.

Directors :

Major HIRAM LEONARD, JOHN B. NEWTON,

P. L. WEAVER, JOHN C. MERRILL,

C. W. HATHAWAY, JOHN WIGHTMAN,

WILLIAM ALVORD, CHAS. D. HAVEN,
THOMAS BENNET, M. D.

Librarian : Assistant Librarian :

H. H. MOORE. D. E. WEBB.

Collector : Janitor :

J. J. TAYKER. 0. H. CANFIELD.

AISTNUA.L REPOET

OF THE

TREASURER

OF THE

Balance Cash on hand January 31, 1861 $880 55

RECEIPTS.

Quarterly Dues received from Members $12,462 00

Initiation Fees received from new members 802 00

Life Membership received from one member 100 00

Lectures, receipts from course of 1861 2,320 25

Books sold, lost, etc., etc 123 73

Catalogues, sales 45 00

Total receipts for the year $15,852 98

$16,733 53

EXPENDITURES.

Library account, — for books, magazines, etc $1,219 34

Expense account, — rent, gas, fuel, etc 5,291 77

Salaries, — Librarian and Assistants 4,909 50

Furniture - 43 00

Printing 130 25

Catalogues 497 23

Insurance 350 50

Lectures, — paid Lecturers, advertising, etc. This amount
remaining due January 31, 1861, from course of

1860 $1,077 50

Expenses of course of 1861 1,593 13 2,670 63

Total expenditures for the year $15,112 22

Balance in hands of Treasurer $ 1,621 31

BEN J. SMITH, Treasurer.
Son Francisco, January 27, 1862.

LIBRARIAN'S REPORT.

Mercantile Library Rooms, )
San Francisco, January 21th, 1S62. >

To the Members of the Mercantile Library Association :

I have the honor of submitting to you the following Report
of the statistics and operations of the Library and Reading
Rooms, from the date of my last Annual Report, (January 28th,
1861), to the present time.

The whole number of books loaned from the Library during
the year, was 31,955, which were classified as follows, viz : —

Romance, 21,869 vols, Belles-Lettres 1,389 vole.

Biography, 2,775 " Poetry 527 '•

Travels 1,674 " Religion 163 "

History, 1,556 " Bound Periodicals 1811 "

Science, 1.153 " Miscellaneous 726 "

The whole number of books loaned in the course of the year,
was 6,24S greater than in the preceding one. The largest num-
ber of volumes loaned in any single month, was 3,150, in March,
and the smallest, 2,383, in September, 1861.

There were 1,164 volumes added to the Library during the
year, which were classified and arranged into the following de-
partments, making the numbers in each :

Romance 3,044 vols. Poetry 985 vols.

Travel* 1,323 " Religion 492 "

History 1*449 " Law and Politics 970 "

Biography 1,156 " Reference, Miscellaneous. 1747 "

Arts and Sciences 1,341 " Bound Newspapers 169 "

Belles-Lettres 1,042 " Bound Periodicals 1267 "

which makes a sum total of 14,985 volumes in all the depart-
ments of the Library. A deduction from this number, of about
500 volumes, should be made, for books which have been worn
out or lost since the foundation of the Library.

Many additions have been made to the Magazines and News-
papers supplied to the Reading Rooms ; including the more im-
portant ones commenced during the year.

Early in the year a complete catalogue of the Library was
published.

During the year, the Association has been presented with
many valuable Books, Works of Art, etc., etc., by the following
gentlemen, Libraries, etc. :

Hon. W. M. Gwin,

J. S. Butler,

J. P. Chamberlain,

Rev. S. C. Damon,

Charles F. Robbing,

J. L. Williams,

H. Payot,

W. A. Wells,

Hon. Milton S. Latham,

Hon. E. D. Baker,

W. B. Farwell,

F. A. Woodworth,

Col. H. M. Naglee,

D. E. Appleton,
J. B. Hayes,
Capt. E. C. Nickels,

Rt. Rev. W. Ingraham Kipp,

E. R. Campbell,
Prof. A. D. Bache,
J. B. Marshall,

J. L. Davis,

S. W. Holladay,

S. H. Parker,

J. Smith Homans,

A. T. Langton,

Prof. W. P. Blake,

Lieut. R. S. Williamson,

H. G. Langley,

Towne & Bacon,

H. M. Hale,

M. S. Latham,

W. C. Stratton,

H. Burgess,

Joseph Heco,

W. Coggeshall,

John Ferguson,

E. Viscner,

J. W. Osborn,

Lady Jane Franklin,

Horace Davis,

W. H. Stevens.

The whole number of members at present belonging to the
Association is 1,725 ; classified as follows, viz : Life Members,
106; Honorary Members, 70; Shareholders, 618 ; Subscribing
Members, 931. This shows an increase of 31 paying members
above the number reported last year.

Respectfully,

H. H. MOORE, Librarian.

ANNUAL REPORT.

DELIVERED BY JAMES W. WHITE, PRESIDENT.

JANUARY 27th, 1862.

Gentlemen of the Mercantile Library Association :

In obedience to the requirements of the Constitution, it be-
comes my duty to submit for your approval, the Ninth Annual
Report, containing a statement of proceedings during the past
year, the leading facts connected with our present position, and
such comments and suggestions as seem best calculated to en-
hance the prosperity and usefulness of the Association. I take
much satisfaction in assuring you at the outset, of the continued
prosperity of the Association, and its entire freedom from all
causes of embarrassment.

FINANCES.

On entering upon our official duties, we found the liabilities
of the Association to be as follows, viz : —

Bills due on account of Lectures $ 838 00

Bills due for furnace, labor, etc 583 85

Bills due Wells, Fargo & Co 21 00

Bills due for fuel 41 25

Bills due for gas 155 05

Bills due for advertising 265 00

Bills due for newspapers, periodicals, etc 112 25

Bills due for printing, binding, etc 1 75 50

Bills due for rent of rooms 200 00

Bills due for Analytical Catalogue 371 86

Bills due for salaries 469 20

Bills due John Wiley, of New York, for books 570 64

Total $3,803 60

Deducting balance in the hands of the Treasurer, January 28th,

1861, see his report of that date 880 55

Leaves a balance unprovided for at the date of the last Annual

Meeting, of $2,923 05

The regular monthly revenue of the Association at the begin-
ing of the year, was about $1,100, and the current monthly ex-
penses, $S25 ; leaving a balance of $275 to be applied, monthly,
to the payment of this debt.

Our Treasurer, Mr. Smith, generously offered to advance to
the Association, the sum of $1,500, or such sums as would be
required, from time to time, to meet the most urgent demands,
until we should be in funds. The advances to be without in-
terest. This offer was gladly accepted by the Board of Direction,
and we, in your name, return thanks to Mr. Smith for the valua-
ble assistance he has rendered the Association during the past
year.

This condition of our finances, however, has imposed upon us
in all our expenditures, a rigid economy. It has been the aim of
the retiring Board of Government, by a prudent and economical
administration of the affairs of the Association, to preserve it
from all financial embarrassment, and transfer it to the care of
their successors in office, with all its prospects and usefulness
unimpaired. The Association is now in a position to take care
of itself, and it should be a fixed policy of its government to
make the expenditures come within the receipts ; thereby ena-
bling each retiring Board to transfer the trust committed to their
care, to their successors, free and unincumbered.

The Treasurer's report exhibits the present fioancial condition
of the Association. It will be seen by the report, that our total
receipts for the year have been $15,852 98. Adding the balance
($880 55) in the Treasury at the commencement of the year,
gives a total of $16,733 53.

The total disbursements, by the Treasurer, during the year, have

been $15,112 22

To which 1 add, unpaid bills, in the hands of the Librarian 192 75

Amount due John Wiley, New York, for books 418 36

Total expenditures for the year $15,723 33

Balance on hand in the Treasury, after paying all bills to date. . . 1,010 17

$16,733 5

The average monthly receipts for the year, from all sources
have been $1,321. The present monthly revenue of the Asso-

ciation amounts to $1,250, and the current expenses are $835,
leaving a balance, monthly, of $415 to be applied to the purchase
of books, etc.,

BOOKS.

The number of volumes reported at your last annual meeting,
was 13,821. Since that time, there has been added, by purchase,
666 volumes, and by donation, 498 volumes. The total number
of volumes is 14,985. Owing to the embarrassed state of our
finances, the Committee on Books and Donations have been
unable to make requisitions for such books as they desired.

The arrangement with Mr. Wiley of New York, authorizing
him to send us, at once, copies of new and popular works, has
been continued, so that we have been enabled to meet the en-
quiries for nearly every new book of merit.

By reference to the Librarian's Report, we learn that the
aggregate number of books withdrawn from the Library during
the past year is 31,955, showing an increase of 20 per cent, over
the preceding year, and 32 per cent, more than in 1859. I ap-
pend a comparative statement, compiled from the Librarian's Re-
port of last year and the one presented this evening, showing
the per centage of the whole number of books taken, during the
past two years, from each department of letters :

1860. 1861.

Romance 63 3-10 per cent. 68 4-10 per cent,

Travels 06 5-10 " 05 3-10

Biography 08 6-10 » 08 6-10

History .- 04 2-10 " 04 9-10

Belles' Lettres 04 6-10 " 04 2-10

Science and Art 04 2-10 " 03 6-10

Poetry 02 2-10 " 016-10

Miscellaneous 05 2-10 « 02 8-10

Religion 00 7-10 » 00 6-10

100 100

From this showing you will perceive that it is a matter of no
little difficulty to determine what books shall be bought.

In the selection of books for the Library — such as will se-
cure the substantial, permanent interest of the Association — it
requires experience, an intelligent judgment, and not only a
knowledge of its present wants, but a wise forecasting of the
future.

There is one department of the Library to which I would
call especial attention: it is the Reference Department. We
cannot over-estimate the importance of this feature of our Li-
brary. The number of persons to whom a library of reference
is indispensable is constantly increasing, and it behooves us to
afford them every facility within our power.

I would therefore earnestly recommend, that as fast as our
finances will permit, without detriment to the other departments
of the Library, duplicates of standard works, and such books of
reference as are most needed, be procured, and placed perma-
nently on the shelves of that department.

The accumulation on our shelves of duplicate copies and su-
perfluous works has increased to some extent, which can be dis-
posed of by sale or donation. I would respectfully recommend
that a committee be appointed annually, to select from books of
that character such as would be suitable, and douate them to the
Orphan Asylums, Industrial School, and other charitable institu-
tions of our City.

In this connection I would state, that the Analytical Catalo-
gue mentioned in my predecessor's report, was completed in
February last, and we have had 1,500 copies printed. These
copies are for sale at the desk of the Librarian at 50 cents each,
which is merely the cost of publishing, and as they place before
you at a glance the contents of your valuable Library, I respect-
fully urge every member of the Association to procure a copy,
thereby benefiting themselves, and materially lessening the ex-
pense of publication to the Association.

MEMBERS.

The number of members belonging to the Association at the
date of the last annual report was 1694. Since that period we
have lost by death, 8 ; removal from the city, 123 ; withdrawal,
290 ; and have added to our membership, 452 — showing a net
gain for the year of 31 members.

It is a matter of great regret, that we are compelled to re-
cord each year the withdrawal of so many members. Why they
have withdrawn, it may not be our business to enquire, but
whatever reasons they may have, we cannot grant that anything

short of actual inability to contribute relieves them of the obli-
gation to renew their membership. The proportion of the num-
ber whose means will not permit them to continue the payment
of the small subscription called for must be exceedingly small.

The great benefits derived from a connection with this Asso-
ciation are so cheaply bought, that retrenchment in some other
line of expenditures seems better than to forego the advantages
which can be here enjoyed. It, however, shows the necessity of
increased effort on the part of the members at large in soliciting
new members from among their acquaintances. A great deal
can be accomplished in this way with but very little effort, so
that each year may show a large increase in our membership.

During the past year some of our life members have been re-
moved from us by death, viz. : George W. P. Bissell, Theodore
Payne, Col. E. D. Baker and G. B. Post.

ROOMS.

In compliance with the term of our lease, the owner of the
building has repainted the rooms, under the direction and super-
vision of the Committee on Library and Rooms, and to their en-
tire satisfaction.

The Reading Room has fully maintained its character and
usefulness without any marked increase in its resources. It con-
tinues to be supplied with the best periodicals of the day, the
leading foreign and domestic journals, etc.

I take occasion to state here that Mr. G. H. Bell has con-
tracted to furnish the Association with all the periodicals, news-
papers, etc., required for the rooms, at a scale of prices 15 per
cent, less than those proposed by the parties who have heretofore
supplied us. Annexed to the contract is a schedule containing the
titles of the papers, periodicals, etc. to be furnished, with prices.
Also, a bond in the sum of $600 for the faithful performance of
the contract.

The Chess Room continues to be a popular place of resort,
and has been supplied with all that seemed necessary to make it
attractive and comfortable to its frequenters.

The Library Room has been free to all, without any new res-
trictions ; believing, as we do, that the utmost liberality towards

the members, consistent with our laws and regulations, should
characterize the government of the Association.

LECTURES.

In view of the embarassed condition of our finances, and im-
pressed with the belief that " home productions are equal if not
superior to the imported article," the Board of Directors have
not deemed it advisable to open a correspondence with lecturers
from abroad ; but concluded to invite some of our distinguished
speakers to lecture for us, which resulted in the delivery, under
the auspices of the Association, of five lectures as follows, viz. :

March 19. — The Rev. Thomas Starr King. Subject : Genius of Daniel
Webster and his Relations to the American Constitution.

July 9. — The Rev. Thomas Starr King. Subject : Two Declarations of In-
dependence— 1776 and 1861.

July 24. — W. P. Blake, Esq. Subject : Physical Geography of California.

August 7. — Robert C Rogers, Esq. Subject : Wiiifield Scott.

August 19. — The Rev. Thomas Starr King. Subject: Confederate States —
Old and Neiv.

Mr. King repeated the last-named lecture, at the request of
the lecture committee, on the evening of August 27th, without
charge to the Association, for which he is entitled to your grate-
ful thanks.

In December last we received a communication from Park
Benjamin, Esq., expressing a desire to visit San Francisco and
deliver, under the auspices of the Association, a course of lec-
tures ; provided arrangements satisfactory to both parties could
be agreed upon.

In reply to this communication, Mr. Benjamin was informed
that our term of office was about to expire ; that we deemed
it unadvisable to enter into any arrangements that would bind
our successors; but would refer the matter to them, and ask their
favorable consideration.

The subject of lectures is one that claims your earnest con-
sideration, as it forms a prominent interest of the library. By
common consent it has been a custom with those having charge
of your affairs, to provide a series of lectures to be delivered be-
fore the Association each year. It is true that the principal ob-

ject of these lectures is to add to the revenues of the Associa-
tion, and by that means extend its power for more general use-
fulness : beyond this, however, there are other ends involved in
this subject, which demand your attention. The accumulation
of books on your shelves, still quietly but steadily progressing,
dispels any lingering doubt you may have entertained of the con-
tinued and complete success of your undertaking. The possession
of so much literary treasure, gathered under difficulty and with-
in so brief a period, gives you abundant reason for both gratitude
and pride ; but the founders of the library intended its uses
should be progressive, and embrace subjects other than that of
books. Even at that early day, they, too, foresaw that lectures
delivered in public, under your auspices, would invest the Asso-
ciation with new and wider interest, and strengthen its claim for
popular favor, and they judged wisely. To foster a love of lite-
rature is the chief purpose of your Association, and while these
lectures are remunerative in a pecuniary point of view, they also
have their use in elevating the standard of popular taste. You
all remember wityi what force your lecturers presented you with
scenes from the lives of Webster, Clay, Scott, and other of our
venerated sages and heroes ; scenes teeming with interest, and
furnishing the keystone to many of their acts in forum and field.
These lectures were well received by the public, and the records of
your associations show some of their beneficial results — in in-
creasing its means, in attracting to it a more general interest,
and adding to its roll of members.

While these facts are presented for your consideration, I con-
sider it my duty to remind you that it is beyond the power of
your Board of Directors to obtain for the Association the com-
plete success and full benefit of any course of lectures, so much
to be desired, unless they are actively seconded by your own
individual efforts.

The retiring Board felt a full measure of pride in this depart-
ment of their labor. They brought before you lecturers of
acknowledged ability, and omitted no step which, in their judg-
ment, was needed to offer to the public lectures alike worthy of
its patronage and creditable to your association.

DONATIONS.

Year after year we have the pleasure of recording the names
of those who have signalized their interest in the Association by
valuable donations. Among those who deserve your especial
thanks, I beg to name —

Hon. Wm. M. Gwin, 166 volumes Congressional documents, reports, etc.

Hon. Milton S. Latham, 57 volumes Congressional documents, etc.

Lieut. R. S. Williamson, 35 volumes of scientific and miscellaneous books,
and 31 scientific pamphlets and reports.

Joseph Heco, Japanese costume books and a collection of colored plates.

John Ferguson, 130 volumes miscellaneous books.

Col. H. M. Naglee, a 'large magnifying glass, a curious polyglot volume,
casts of Medallions, etc.

Horace Davis, 14 volumes Government documents and reports, and 52
miscellaneous magazines and pamplets.

Col. E. D. Baker and W~. B. Farwell. Congressional Globe, Government
reports and statistics.

BUILDING FOE THE USES OF THE ASSOCIATION.

Every retiring President, since the organization of the Asso-
ciation, has called our attention to the importance of adopting
some plan for securing a lot, and the erection of a building for
the uses of the Association. But much as this want has been
felt, and much as it has been urged upon us, no step has yet
been taken towards attaining such a consummation. Various
plans have been suggested, such as a "joint stock building asso-
ciation," " setting aside a certain portion of our revenues," etc.
The plan of setting apart, for this purpose, any portion of the usual
revenues of the Association, I consider entirely out of the ques-
tion. Our current expenses and requisitions for books will re-
quire every dollar of our income from the regular and usual
sources. We must look about us for other and more certain
means of accomplishing this much desired object.

The lease of our present rooms was made for a term of three
years from February 8th, 1860, with a privilege of renewal for
a like term. This allows us to remain in our present location
four years from the 8th proximo. Before the expiration of this
term, we shall find the Association has outgrown its accommoda-
tions, and ampler ones must then necessarily be provided. Before
that time expires, this Association should have a building of its
own, largo enough to accommodate its wants for all future time-

If you ask, how shall this end be attained? — what means shall
we employ to accomplish it ? I answer that we have the means
within ourselves, and can easily attain the end by the united and
determined efforts of the members at large. Our roll of mem-
bers now number 1/F25. Let us suppose that to-day an account
be opened on the Treasurer's books, called the Building Fund
Account, to which shall be credited all the collections that can be
annually realized for this specific purpose ; and that each mem-
ber pays a monthly assessment of fifty cents to be placed to the
credit of this fund. This assessment alone would give us at the
end of this year the sum of $10,350. Let this fund be invested
for revenue, and in no case be diverted from its appropriate pur-
pose. This scheme if continued for four years, will, with the in-
terest on the annual accumulations, result in a fund of at least
$45,000. With this amount in hand we can form a " Joint Stock
Building Association," and be in a position to take stock sufficient
to control the property, and be assured of a permanent resting
place for our treasures.

Is this scheme impracticable? Is there a member of this As-
sociation who cannot afford to pay the amount named, to secure
this grand element of strength and success? To me, the plan
seems entirely practicable, and only requires a well concerted
and well directed action on the part of each and every member
to secure its accomplishment. Besides, if we show a disposition
to help ourselves, we may with justice appeal to our fellow-citi-
zens for support, and be sure of a favorable response. When we
consider the magnitude of the Library ; what means of improve-
ment have been placed within the reach of those who might
otherwise have been debarred from them ; what an influence for
good this institution has exercised in this community — I think we
have a right to ask their contributions and influence to enable us
to strengthen its foundation and promote its usefulness.

INSURANCE .

The property of the Association is insured as follows, viz. :

Phoenix Insurance Company, Hartford, Conn $5,000

Hartford " " " " 5,000

JEtna " " " " 5,000

Manhattan " " New York 5.000

Relief » " " 5,000

Total $25,000

CHANGES IN THE BOAKD OF DIEECTOES.

During the year the following changes have occurred in the
Board :

The Corresponding Secretary, Walter Martineau, Esq., removing from
the city, resigned, and Robert C. Rogers, Esq., was advanced to the vacancy,
and James Freeborn, Esq., elected a Director in his stead.

Mr. J. Lawrence Pool and Dr J. M. McNulty, on account of proposed
long absence from the city, resigned, and the vacancies thereby created were
filled by the election of Samuel Hubbard, Esq., and Dr. F. A. Holman.

LIBEAEIANS, ETC.

Mr. H. H. Moore, as Librarian, and Mr. D. E. Webb, as As-
sistant Librarian, still occupy their positions, and have been faith-
ful in the discharge of their duties during the year.

Mr. J. J. Tayker, who has long been the faithful servant of
the Association, finding that his health would not permit him to
discharge the duties of both Janitor and Collector, asked to be
relieved from attendance on the rooms, and appointed Collector
with an allowance of five per cent, on the amount collected. His
request was granted. This change involved the necessity of ap-
pointing a Janitor, with a salary of $75 per month, which in-
creases our current monthly expenses in the sum of $33.

AMENDMENTS TO THE CONSTITUTION.

At the last annual meeting of the Association, the committee
appointed to prepare amendments to the constitution, reported a
series of amendments and asked for further time to consider an
amendment to Sec. 4, Article III. of the constitution, which was
granted. At a subsequent meeting of the Association the com-
mittee made an additional report, but no definite action has yet
been taken upon either of them.

The two most important amendments reported by the com-
mittee, the adoption of which by the Association I would res-
pectfully recommend, read as follows, viz. :

Amend clause 1st, of section 1st, which reads, "All elections shall be by
ballot, except when otherwise ordered, and be made by such of the members
as shall attend for that purpose in person, or by legal power of attorney," by
striking out the words : " Or by legal power of attorney," and substituting
therefore the words, " And by stockholders either in person or by proxy."

Amend section 4, article 3, so as to read, " All shares of stock on which
2

the regular assessments of three dollars per quarter, payable in advance, shall
be due and unpaid, shall be liable to forfeiture and sale ; and such shares may
at any time be declared forfeited and be sold for the payment of the assess-
ments due thereon, under such regulations as may be provided by the by-laws.
And the Board of Directors or the Directory may make such by-laws as may
be necessary to carry out the object of this section.

The object of this amendment is explained by the committee,
who say : " The largest portion of the property of the institution
is derived from other sources than the investment by, or the oper-
ations of, the stockholders, and this additional property should be
guaranteed to belong, as it undoubtedly in all equity does, to the
Association, and not to the few stockholders."

In this connection I would state that there have been issued
620 shares of stock ; of these only 225 pay dues. If any action
is to be taken on the proposed amendments, it should be done at
once, so that the Constitution of the Association can be put into
shape for printing, in pamphlet form, for the use of members,
thereby enabling them to learn what laws govern the institution,
and be better prepared to conform 'to the same. At present
there is not a fair and complete copy of the Constitution of this
Association to be found in the library. It is only to be found in
a fragmentary form, bound together with some old catalogue of
the library.

The annual election of officers for the ensuing year was held
on the 21st instant, and resulted in the choice of the following
named gentlemen :

President, Jacob Underbill ; Yice President, William Norris ;
Treasurer, Camilo Martin ; Corresponding Secretary, Sydney V.
Smith ; Recording Secretary, William M. Koyes ; Directors, Ma-
jor Hiram Leonard, John B. Newton, P. L. Weaver, John C.
Merrill, C. W. Hathaway, John Wightman, William Alvord,
Charles D. Haven, and Dr. Thomas Bennett ; gentlemen in whose
hands the interests of the Association will, undoubtedly, be ably
sustained.

On you, the members at large, however, depends in a great
measure the future prosperity of this institution. The most atten-
tive and persevering Board of Directors you may select will effect
but little without your active and hearty co-operation.

Each member should feel that he has a personal interest in
the growth of this Association — whose very principle is progress.

Much has already been accomplished ; but there is much more to
be done ; there can be no standing still. When we cease to ad-
vance, we shall inevitably commence to decay.

And now, having imperfectly performed my last official act,
I beg to tender to my associates in office, my grateful acknow-
ledgments for the kindness and courtesy they have extended to me
as their presiding officer ; and I take great pleasure in testifying to
the general kind feeling which has marked our deliberations
during the year. If all we have striven for has not been accom-
plishd, we are conscious of having devoted our best energies to
sustain the high character and promote the best interests of this
Association.

JAS. W. WHITE, President.

San Francisco, January 27, 1S62.

TENTH

ANNUAL REPORT

OF THE

PRESIDENT

OF TIIE

gteanttle ^ptoatg §jftwoxtura

S^INT FRAWCISCO:

WITH THE

TREASURER AND LIBRARIAN'S REPORT, AND
LIST OF OFFICERS FOR 1863.

SAN FRANCISCO:
PRINTED BY J. THOMPSON <fc CO., 505 CLAY STREET,

1863.

LIST OF OFFICERS

Off THE

fflSn&B teiriaiftw

FOR, 1863.

President :
ALBERT MILLER.

Vice- President : Treasurer :

HENRY B. WILLIAMS. FRED'K W. MACONDRAY.

Corresponding Secretary : Recording Secretary :

F R A N K D. CARLTON. WM, N. A R T II U R .

Directors :
EDWARD F. HALL, Jr., THOMAS BREEZE,
GEO. C. BOARDMAN, A. L. EDWARDS,

FRANK E. WEBSTER, JOSEPH HOBART,

A. P. FLINT, W. MELVIN SMITH,

WM. M. PIERSON.

Librarian: Assistant Librarian:

II. H. MOORE. D. E. WEBB.

Collector : Janitor :

J. J. TAYKER. C. H. CANFIELD.

ANNUAL REPORT

OF THE
OF THE

Balance on hand January 28th, 1862 $ 1,621 31

RECEIPTS.

Quarterly Dues received from Members $12,786 50

Initiation Fees from new Members 788 00

Life Memberships from six Members 600 00

Books sold, lost by Members and paid by them 182 50

Catalogues sold 85 00

Received from Insurance Companies for fur-
niture spoiled by water, etc 941 26

Total receipts for the year $15,333 26

$16,954 57
EXPENDITURES.

Library Account for Books, Periodicals, etc. $2,280 14

Expense Account, Rent, Gas, Fuel, and petty

charges 4,582 69

Salaries of Librarian and Assistants 5,100 00

Furniture bought 888 76

Insurance 422 45

Printing 282 75

Total expenditures for the year $18,506 79

Balance in hands of the Treasurer 8,447 78

$16,954 57

CAMILO MARTIN, Treasurer.
San Francisco, January 27th, 1863.

LIBRARIAN'S REPORT.

Mercantile Library Rooms, j
San Francisco, January 28th, 1803. j

To the Members of the Mercantile Library Association :

I have the honor of submitting to you the following Report of the
Statistics and operations of the Library and Reading-rooms from the
date of my last Annual Report (Jan. 27th, 18G2), to the present time.

The number of Books loaned from the Library during the year

was 31,404, which were classified as follows, viz :

Vols.
Romance 22,164

Biography 2,209

Travels 1.

History 1,256

Science 1,087

There were 1,121 volumes added to the Library during the year,
which were classified and arranged into the following departments,

Vols.
Belles-Lettrcs 1,488

Poetry 516

Religion 174

Bound Periodicals 150

Miscellaneous 576

making the numbers in each :

Romance 3,370

Travels 1,440

History 1,527

Biography 1,269

Arts and Sciences 1,445

Belles-Lettres 1,232

Poetry 1,011

Religion - 501

Law and Politics 990

Reference and Miscellaneous 1,863

Bound Newspapers 188

Bound Periodicals 1,270

The entire number of volumes in the above classification would be
16,106, except that a deduction of about one thousand volumes
should be made for books worn out and lost and duplicates sold, since
the commencement of the system of numbering the classes.

In the course of the year the Association has been presented with
many valuable Books, Works of Art, etc., etc., by the following
gentlemen, libraries, etc. :

Hon. T. G. Phelps,
" A. A. Sargent,
" M. S. Latham,
" F. F. Low,
" J. A. McDougal,
" R. C. Winthrop,
" Caleb Smith,
" W. Lowey,
" J. A. Banks,
" J. W. Van Zandt,
" A. P. Morrill,
Gen. H. M. Naglee,
Col. S. II. Long,
Prof. J. D. Whitney,
Rev. C. R. Clark,
Dr. G. P. Judd,
S. H. Barker,
W. K. Bull,
Isaac Naylor,
J. W. Osborn,
S. V. Smith,
C. P. Bates,

Horace Davis,
J. M. Hutchins,
Boston Public Library,
Dr. A. F. Sawyer,
Jas. Baxter,
J. J. Tayker,
W. McDonell Clarke,
Wm. Norris,
G. H. Davis,
Alex. S. Taylor,
S. L. M. Barlow,
Sperry & Perry,
W. H. Stevens,

F. Berton,
E. Conway,
W. Y. Patch,

Super'd't U. S. Coast Survey,
Smithsonian Institution,
H. G. Langley,
A. Gibbons,

G. S. Brown,
G. S. Fisher,

M. Pierson.

The whole number of Members at present belonging to the Asso-
ciation is 1,786, classified as follows, viz: Life Members, 104;
Honorary Members, 71 ; Shareholders, 620 ; Subscribing Members,
991. This shows an increase of 61 paying Members above the num-
ber reported last year. The following gentlemen became Life Mem-
bers in course of the year : David D. Colton, John B. Newton,
Jacob Underbill, Wm. Norris, John G. Kittle, and Andrew B.
Forbes.

Respectfully,

H. H. MOORE, Librarian.

ANNUAL REPORT

DELIVERED BY JACOB UNDERBILL, PRESIDENT,
January 28th, 1863.

Gentlemen of the Mercantile Library Association :

In compliance with the direction of the Constitution, I present you
with the Tenth Annual Report of the proceedings of the Association,
for the past year, and also a condensed view of the present condition
of the Library, in its material and finances. Such suggestions as I
may deem advisable to make as to its future prosperity, will be found
under the respective divisions of subjects.

FINANCES.
At the commencement of the past official year, the Board of Di-
rectors found a large apparent balance of cash in the Treasury, out
of which they anticipated buying very considerable additions of new
books. But upon investigation it was found that most of the dues
of the quarter then current had been collected, and amounts of unpaid
bills were outstanding, enough to absorb, with the regular expenses
of the Association, all its income accruing for the first half-year.
Having in view the effect of a former excitement caused by the
opening of a new mining region, it was not deemed pi'udent to incur
any considerable new indebtedness, until the Treasury of the Asso-
ciation was beyond the danger which might arise from the rush of
people to the new fields of gold, reported last spring as being in the
far North. The last half year has enabled the retiring Board to
transfer to their successors a Treasury not only free and unin-
cumbered, but in condition to promote the future usefulness of the
Library to an extent never before practicable.

The Treasurer's report shows a net cash balance of $3,447 78
against which are no outstanding claims, except the current monthly
expenses falling due at the end of the month, and such bills for new
books as have been bought by the Committee since January 1st.

The tutal receipts from all sources, exclusive of amount received
for damage by fire, were $14,392 00. This shows an average
monthly revenue in round numbers of $1,200. The current monthly
expenses averaged $866 00. There is scarcely a doubt that a steady
increase of revenue will be gained in each succeeding year, without
any enlargement of expenses.

MEMBERSHIP.
The last annual report to the Association showed the total number
of members was 1,725 ; classified as follows : —

Life Members 106

Honorary Members 70

Shareholders delinquent 393

Shareholders paying dues 225

Subscribing Members 931 — 1,725

During the past year the following losses have occurred : —

By withdrawal 242

By removal from city 139

By death 6— 387

Of new members, there have been added : —

Life Members 6

Honorary Member 1

Shareholders 2

Subscribing Members 447 — 456

Present total of membership is as follows : —

Life Memberships 104

Honorary Members 71

Shareholders delinquent 429

Shareholders paying dues 191

Subscribing Members 991

Total —1,786

Net increase for the year, 61. This is, however, only apparent as
34 shares of stock have ceased to pay dues in this period — an error
in the number of Life Memberships as reported last year, will, how-
ever, swell the aggregate by some 8 more. Total number of members
of classes paying dues, 1,182.

BOOKS.
An addition of 1,121 volumes has been made to the Library during
the past year, of which 958 were purchased, and 163 were pre-
sented. Among those procured by purchase is a complete set of

the Latin Classics, Velpy's Delphin Edition, an acquisition which
few Libraries can boast of, even in the older cities. Owing to the
troubled condition of our public affairs, comparatively few new books
have been published during the past two years, and this cause, in
connection with a new arrangement for the procuring of such works,
makes the aggregate of books purchased during the year appear
small as compared with former years.

Soon after entering upon their official duties, the Board of
Directors, were enabled to make arrangements for a supply of new
books, without depending upon the judgment of Eastern publishers,
as to selections and numbers of copies sent, advantageous terms were
made with a large importing house in this city, and an important
element of economy has been gained by the change, besides the
avoidance of an accumulation of undesirable books. A sale of 320
volumes of duplicate copies was made during the year. Several
applications for donations of such works have been made to the
Board by Hospitals and other charitable institutions, but no power
existing by which the Directors could make such dispositions of the
property of the Association, these requests oould not be complied
with. A considerable number of such volumes bein<r still in the
Library, I would recommend that the Association take action to
authorize the Board of Directors to dispose of such superflous books
as now encumber the shelves, in donations to institutions deemed to
have claims on our liberality.

In this connection, I would mention that a carefully selected order
for Standard works has been forwarded to New York, and it is only
matter of regret, that our means did not warrant the Board in send-
ing forward at an earlier day, other and larger orders for same cla««
of books.

DONATIONS.

The thanks of the Association are due to the following gentle-
men, for their valuable gifts to the property of the Library :

To Win. Norris, Esq., for Crillray's Caricatures, complete, in
Morocco binding — a rare and increasingly valuable work.

To Horace Davis, Esq., for 39 volumes of Government reports and
documents, and miscellaneous books.

To Hons. T. Gr. Phelps, J. A. McDougal, F. F. Low, M. S.

Latham, and the Secretary of the Interior, for complete sets of Con-
gressional documents and reports.

LECTURES.
Although unsuccessful in the procuring of lecturers suitable for

delivering such a course as the character of our Association demands,
the outgoing Board of Directors have not been unmindful of the
value and importance of such an addition to its means of usefulness.
Early in their official year, attention was given to the subject and
negotiations were opened with distinguished speakers both here and
at the East. But either from public or private causes, all our appli-
cations failed, and the season became so far advanced that further
efforts were suspended. That the Board was in earnest as regards
this interest of the Association, I may mention the names of Everett
and Beecher, as among those with whom correspondence was opened,
unfortunately without success.

PRINTING, CONSTITUTION, BY-LAWS, Ac.
At the last anuual meeting the new Board of Directors was
ordered to have printed a sufficient number of copies of the Consti-
tution, as amended at that meeting — in addition to this, the Board
subsequently revised the By-Laws, Rules and Regulations of the
Library and Rooms, and when completed, two thousand copies of
the whole were printed, and they have been, since that time, in the
hands of the Librarian for distribution to members.

ROOMS.
The lease for Rooms occupied by the Association being self-
renewing, and no objection appearing against such renewal, the
Board has made no alteration in the relations of the Association in
this respect. The renewal is for three years upon same terms as
heretofore.

In March last a destructive fire in the wooden building adjoining
the Library on the East, threatened to involve the property of the
Association in a common ruin. By the skill and courage of the Fire
Department the ravages of the flames were prevented from extending
to the interior of our apartments, but the damage from smoke and
water was very considerable in the Reading Room. The energetic
efforts of the Librariau and his assistants secured the removal of
most of the property from that room, and excepting about ten days'
interruption of the business of the Library, we escaped without loss
other than was promptly made good by the several Fire Insurance
Cos., by whom the property was insured. Too great praise cannot
be awarded to those members of the Fire Department who had
charge in our building, for their successful efforts to prevent a deluo-e
of water being poured upon that portion of our rooms occupied by
the Books — but for their skillful exertions the damage would have
been irreparable.

LIBRARY BUILDING.
Each retiring President of the Association has, in his Annual
Report, dwelt upon the importance of devising some plan by which
a building for the uses of the Association might be secured, and over
which a controlling interest should be maintained by the Association.
Various plans have been suggested, but at no former period of the
existence of the Library has an opportunity occurred for a definite
be°inning. The past year has demonstrated that the Association is
not only self-sustaining, but by a judicious use of its income it may
be able to appropriate each year a sum so considerable towards a fund
for building purposes, as to warrant combined exertions on the part
of those interested in the welfare of the Association. I would earn-
estly recommend from present balance in the Treasury, an appropria-
tion of $2,000, to be invested as a fund known as the " Building
Fund of the Association," and that the proceeds of all Life Mem-
berships be devoted to same purpose in each subsequent year. Be-
lievimr that at each annual meeting a like sum as that above-mentioned
can be devoted to same purpose, there will soon be such a nucleus for
combined effort that it can hardly fail of success. I deem it of the
highest importance that action be taken at once in this matter, so that
at the expiration of present lease of our rooms, we may be prepared
to move into a building controlled entirely for our own interests.

INSURANCE.

An additional sum of $5,000 has been added to amount insured
during the past year.

Policies are now running as follows :

Phoenix Insurance Company, Hartford, Conn $5,000

Hartford " " " " 5,000

Etna " " " " 5,000

Manhattan " " New York 5,000

Relief " " " 5,000

California " " San Francisco 5,000

Total $30,000

CHANGES IN BOARD OF DIRECTORS.
In consequence of ill health, Wm. Alvord, Esq., resigned, and the
vacancy was filled by the election of Horace Davis, Esq. Charles
D. Haven, Esq., being about to leave the State also tendered his
resignation, and A. L. Edwards, Esq., was elected in his stead.

LIBRARIAN AND ASSISTANTS.
\ Mr. H. H. Moore, Librarian, and Mr. 1). E. Webb, Assistant-

Librarian, have been continued in their respective positions during
the past year, and with renewed diligence have discharged their
responsible duties.

Mr. J. J. Tayker, it is almost needless to mention, continues to act
as Collector.

C. H. Canfield was appointed Janitor soon after the present Board
took office, and his services in that capacity have been very satisfactory.
There has been no change of salaries during the past year.

At the annual election held on the 19th instant, the following
named gentlemen were chosen as the officers of the Association for
the ensuing year : President, Albert Miller ; Vice-President, Henry
B. Williams ; Treasurer, Fredk. W. Macondray ; Corresponding
"Secretary, Frank I). Carlton ; Recording Secretary, Win. N. Arthur;
Directors, Edward F. Hall, Jr., Thos. Breeze, George C. Boardman,
A. L. Edwards, Francis E. Webster, Jos. Hobart, A. P. Flint, W.
Melvin Smith, Wm. M. Pierson. Some of these gentlemen have
served in former Boards, all may be relied upon as representatives of
our interests, in whose hands we may confidently place them.

In conclusion, gentlemen, I would impress upon you the importance
to which our Library has arrived — it is a public necessity for which
there is no substitute, and its usefulness now, although so considerable,
is but the beginning of far greater good, which it is destined to
perform, if maintained upon its present liberal and judicious plan.
In a commercial metropolis, like San Francisco, it is eminently
proper that its chief Library should be known as the " Mercantile,"
offering at the same time to the higher wants of intellect in all
classes, such abundant store of knowledge as shall satisfy all
demands.

And now I close my official labors with the sincere wish that the
harmony and kind feeling which have prevailed in the Board of
Direction during the past year may be perpetuated in all future
Boards ; and for the uniform courtesy extended to myself, I offer my
sincere acknowledgments. Anxious only for the prosperity of the
Association, I know that they will unite with me in wishing, that
whatever fruit may have arisen from our labors, our successors in
office may be able to promote the same good cause, with still greater
profit to the Association.

JACOB UNDERBILL, President.

San Francisco, January 28th, 1863.

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Full text of "Annual report of the president of the Mercantitle Library Association of San Francisco"

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