The New Exchange Building.

Members of the Chamber are to be congratulated on the commodious suite of offices they have now obtained for their use in which the important business of the Chamber can be carried on with satisfaction. An alteration in Rule VIII., by which the advantages of membership is offered at a reduced rate of subscription to members of a firm, should lead to a large increase of subscribers and convenience to all engaged in commerce in this city.

The following is the Statement of Receipts and Expenditure for the past year, and in retiring from office the Committee desire to reiterate the great benefits derivable from the action of an influential Chamber of Commerce watching over and in many ways influencing the commercial interests of this important part of New Zealand.

The usual Statistics, compiled chiefly from the Government returns, are appended.