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THE MUSIC TRADE REVIEW.
II
Importers of Woods are Pleased.
tion were Flint & Co. and H. Marquardt & Co.
Wallace B. Flint of Flint & Co. said :
"Flint & Co. are large importers of cedar,
Auction Sales, They Say, Will Prevent mahogany, and other foreign woods. They will
Limited Control of the Trade.
offer their importations at auction. There has
been great dissatisfaction in the trade hereto-
fore, owing to the inability of importers to reach
5[jj HE formation of the firm of Mason & Co.,
a natural market, and we have been obliged to
•£> Limited, which will conduct auction sales
send cargoes to Europe in order to have them
of mahogany, cedar, and other imported woods
offered at auction, which cargoes would have
for cabinet purposes, has been favorably received
been regularly taken on this side at fully as good
among the importers and dealers in these woods
prices as we obtained for them on the other side
throughout this city, with but few exceptions.
if the facilities which are now being offered by
A reporter visited most of the more prominent
Mason & Co., Limited, had existed.
men in the trade, to obtain their views as to the
"The business has been so managed that,
change in method of marketing imported woods
practically, the market for cedar and mahogany
that will be brought about by the new corpora-
has been so contracted that great dissatisfaction
tion.
has prevailed, and our correspondents abroad
The importance of this movement is shown by
have been especially dissatisfied with their ex-
the class of men who are engaged in it, and the
perience in selling their woods in the American
stability of its selling agent, Mason & Co., Lim-
market. We, therefore, think that the adoption
ited, is guaranteed by its capitalization, which
of the auction plan for selling hard woods is a
is $1,000,000.
good idea. Its existence in Europe has demon-
The incorporators are William F. Buckley,
strated by years of practice that it furnishes a
President
of the New York Balance Dock Com-
know some people can never see the
fair market for both the buyer and seller, thus
point to stories,'' said Kochmann the pany ; Waldron N. Williams of the firm of J. S. preventing the artificial profits in prices existing
Mason & Co.; Robert M. Gallaway, President of
other day.
under combinations and trusts. "
the
Merchants' National Bank ; Charles B. Fear-
'' Last year while a certain distinguished Eng-
At H. Marquardt & Co. 's it was said : ' ' The
lish lady was traveling in this country she ex- ing, Treasurer of the Export Lumber Company ; holding of auction sales of imported hard woods
pressed astonishment at the vast fields of corn R. B. Constantine of the firm of Constantine & will widen competition, and it will be of the
presented to her view during a journey through Co.; John E. Hoffmire of the firm of J. E. Hoff- greatest benefit to the trade, to importers and
Indiana and Illinois, and she wondered what mire & Sons, Liverpool; Benjamin J. Downer, to shippers from abroad. Formerly we were
the Americans did with the enormous crop. To and W. H. White, attorneys. Messrs. Gardner more or less at the mercy of a few dealers who
this a bright young American girl in the party have had many years' experience with buyers at made prices to suit themselves that were not
answered : ' We eat what we can, and can what auctions in England.
made public, and the importers had no means of
The officers of the company are : President—
we can't.' The witticism would have been lost
knowing the quantities consumed or the prices
upon her ladyship had it not been for the friend- W. F.Buckley ; Vice-President—R. B. Constan- at which they could sell their importations.
ly offices of others in the party, who, by dint of tine ; Treasurer—Waldron Williams ; Secretary
" P. M. Dingee & Sons and Willard, Hawes &
labor, diagrams, chisels, etc., finally got her —Benjamin J. Downer.
Co. formerly controlled the market, and with-
The action that they have taken is one in the
ladyship to see the point of the joke. Then her
held all information that would be of advantage
nature
of self-preservation, and was forced upon
ladyship was so pleased that she put it down in
to the importers. We will hereafter know the
her note-book to spring it upon her friends at them by certain buyers in the trade, who in the market prices and demands for our goods, and
home. This is the way the witticism sounded past have dictated prices and terms to the im- the information obtained by auction sales will
when it was let loose at one of her ladyship's porters, and to whom the importers have had to be of great value and advantage to us all."
dinner parties: ' In America, you know, they submit, to their loss.
The present intention is to hold a sale by
A close corporation or combination, that was
have so much maize that they eat what they can
Mason & Co. on the 15th of this month at the
known as the National Mahogany and Cedar
and tin what they can't.'
yard of Constantine & Co., 220 Lewis street.
Company, existed for some time and until Sep-
"When the Knights Templars journeyed to
tember 17. It was composed of three New York R. O. Burgess with the Wegman
San Francisco the most felicitous toast offered at
and two Boston firms. They not only dictated
Piano Co.
their splendid banquet was in these words : ' The
prices at which they would buy by maintaining
ladies—God bless them ! what would our Knights
a thorough knowledge of the shipments to this
WEGMAN PIANO COMPANY has
be without them ? ' An Englishman present
port that were to arrive, and keeping out of the
just closed negotiations with Mr. R. O.
was so delighted with the pleasantry—for the
market until imports were piled up here and Burgess, formerly with the Needham Piano and
British adore punning—that when he got back
their figures were accepted of necessity, but they Organ Co., as their traveling representative.
to Australia he attempted to perpetrate the toast
also went so far as to establish a storage yard
Mr. Burgess is a hustler and has a large num-
at a local banquet, and he wondered why there
and announced that unless the logs were stored ber of friends and acquaintances in the music
was no outburst of hilarious applause when he
with them they would not purchase from the im- trade. He left on his maiden trip for the firm,
arose solemnly and cried passionately: ' The
porters at all.
going West, November 7th. The Wegman Piano
ladies—God bless them ! what would our Knights
In many instances the imports that were Company are to be congratulated in securing the
Templars be without them ? '
stored with them practically ' ' ate their heads services of so able a representative.
'' We have all heard of the German who (hav-
off,'' for when they became ready to purchase,
ing been fooled by the joker who pointed to a
Well and Strongly Told.
the storage due to them on the purchase would
church steeple, and asked: ' How is that for
almost equal the purchase price. It was to over-
high ? ') immediately went home, called his wife
'HE LAST OF THE DANVKRS," a nar-
come evils of this nature, that were rapidly de-
out into the yard, and, pointing to the neighbor-
rative by Edward Lyman Bill, a Con-
stroying the trade in this country, that the cor-
ing shot-tower, asked with ill-suppressed mirth :
poration of Mason & Co., Limited, was formed. necticut man, relates the story of a brave South-
' How high vas dot ? ' "
In visiting the importers and others inter- ern captain who fought on the Union side, and
ested in the trade yesterday, it was learned that, whose fatalistic family tradition as to the day
although few cared to be publicly quoted, nearly when the elder son of a Danvers was to be killed,
WANTED
all are fully convinced that the new company was illustrated in a confirmatory way. The cap-
An up-to-date outside hustler. Compensation will be of very great benefit to the trade, in that tain survived the war, led an expedition oat to
no object if results are satisfactory. State full it will tend to establish known prices and free Montana, and was killed out there by an Indian
particulars. Box
attack on the wagon train. The story is illus-
the trade from its former controllers.
THE; MUSIC TRADE REVIEW,
Among those who were seen yesterday who trated, and is well and strongly told.—Hartford
Times, Hartford, Conn.
No. 3 East 14th Street, N. Y. were willing to express themselves for publica-
WITH THE
TRAVELERS.
THE
M
CELEBRATED
STEGER
M
PIANOS
PATENTED 1892.
are noted for their fine singing quality of
tone
and great
profitable
durability.
The most
Piano for dealers to handle.
STEGrER & CO., Manufacturers,
Factory, Colombia Heights.
235 WABASH AY&, CHICAGO.