Music Trade Review

Issue: 1896 Vol. 23 N. 18

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
It is alleged in this trade that recently
a piano manufacturing concern on less than
$4,000 capital obtained a credit of over
0,000, and that a large portion of the in-
struments manufactured by this concern
were sold to its chief stockholders, who
EDWARD L\MAN BILL
Editor and Proprietor.
also drew large salaries.
If such conditions exist in this trade, it
PUBLISHED EVERY SATURDAY
is well to start in on the threshold of good
3 East 14th St.. New York
times in a clear, level-headed, business
SUBSCRIPTION (including postage) United States and
way. Better by far to sell less wares, but
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per to sell them well, than it is to be careless
Insertion. On quarterly or yearly contracts . •• special dis-
count is allowed.
of credits.
REMITTANCES, In other than currency form, should
0© made payable to Edward Lyman Bill.
There never has been a company that
Bntered at tht New York Post Office as Second^ CZaiS Mmtttr. was entitled to credit a dozen times the
amount of money invested in it. Such
NEW YORK, NOVEMBER 2 1 , 1896.
things are out of all manner of reason, and
we emphasize that this trade should start-
TELEPHONE NUMBER 1745. — EIGHTEENTH STREET.
right; start on a good, clean, healthy basis,
- T H E BUSINESS MAN'S PAPER."
and at the end of two or three years they
may have some concerns weeding out, but
those who remain will be a mighty sight
healthier. In other words, the purifica-
tion should begin. If there are ulcers
they should be removed, and the body will
soon be the more healthy for the removal
of poisonous sores which exude an infec-
tious, as well as nauseating poison.
Deserving men are always worthy of
credit, but have a care, gentlemen, have a
care! Just preserve a good balance while
things are brightening up all over the
Por'.'ov
country. .
Fjr lbs hU' x IV
#
#
Rr t & $3 £oci Ojat we"
USINESS prospects are brightening
up in all sections of America, and from
almost every town comes to us reassuring
news of a revival of trade. While speak-
ing of the present outlook, a well-known
member of the trade remarked the other
day: "I think there will be more failures
among dealers during good times than in
bad. In other words, a good many of them
will lose their heads, and buy more stock
of every kind than they have the ability to
dispose of or pay for."
Now there is sound logic in that state-
ment, and it should be carefully heeded by
wise dealers all over America. It is much
better to buy stock in small quantities,
pay for that stock and run a safe business,
than it is to go in, in the old hurrah style,
place large orders, perhaps strike a wave of
stagnation in trade, have bills maturing
which cannot be met and then be forced to
the wall. A safe business should be the
cry from this time on, and while writing
upon the subject, it might be well for all to
exercise due consideration in the assign-
ment of credits.
B
^ Whether the matter of raising revenue to
meet the expenses of the Government will
be considered or not at the session of Con-
gress which meets next month there is one
important duty, however, which it owes the
business community, and that is the pass-
age of a national bankruptcy bill, which has
now been "hanging fire" for more than two
sessions.
With almost unanimous voice the mer-
chants of this country through their public
bodies have been petitioning Congress on
this subject for years and an equitable law
has been within the possibility of passage
on several occasions. The interests of the
entire country demand that our national
legislators now take final action on this
important subject.
Two weeks ago we referred to an affair
in which Messrs. Sohmer & Co. were con-
cerned. It is one of many illustrations
going to show how the merchants of this
country are suffering from the varying and
uncertain provisions of the assignment
laws of the different States. It proves how
necessary is a uniform bankruptcy law
which would not only prevent dishonest
merchants from repudiating their indebted-
ness, but would give freedom of action and
renewed energy to the honest but insolvent
debtor.
It is certainly strange that the present
order of things should obtain so long, not-
withstanding the persistent agitation and
demands of such representative bodies as
the Merchants' Exchanges and the National
Board of Trade. They have memorial-
ized, time and time again, but with that
peculiar disregard for the interests of the
business world which has lately been so
characteristic of Congress, its members
have pigeon-holed and postponed passage
of the bill from session to session, until pa-
tience has ceased to be a virtue.
THE REVIEW, in common with leading
trade publications in other industries, has
persistently advocated the enactment of this
law on the broad grounds of common good,
as being conducive to the best interests of
the mercantile community, and we trust
that the forthcoming Congress will at least
distinguish itself by passing this much de-
manded and much needed measure.
#
#
Those irresponsible croakers who cannot
prevent the return of confidence and pros-
perity to this country, are now apparently
working with might and main to get up
some sort of a "war scare," but, fortunate-
ly, it looks as if their efforts will not be
successful. The active steps taken by
Secretary of War Lamont, and the leading-
papers to counteract the movement is time-
ly and commendable. Business is now the
order of the day; we have had enough of
rumors and scares for a long time to come.
The country wants a rest, a chance to build
up, to get its factories running and money
in circulation among the people. Every-
thing is moving nicely to that end, and will
move, provided every man puts his shoul-
der to the wheel and keeps it turning.
#
#
William Steinway is being warmly
commended for his stand in the matter of
the appointment of commissioners to fill
two vacancies in the Rapid Transit Com-
mission. Mayor Strong and others favor
Messrs. Langdon and Rives, members of
the Union League Club, while Mr. Stein-
way and Comptroller Fitch desire practical
men like Abram S. Hewitt, whose experi-
ence as Mayor of this city would be of
great service.
#
#
A good piano-maker—more, an original
piano-maker and developer as well—is Wil-
liam P. Haines, besides he has given incon-
trovertible evidence that he possesses all
the essentials which are embodied in the
composition of a logical, clear-headed busi-
ness man.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
medium; but sound arises from vibrations
in the air in the direction in which the
sound-waves travel, and not at right angles
or transverse to it, as the phenomena of
light require. We can easily see that the
vibrations forming sound must be longitu-
dinal, or in the direction of the sound-ray,
from what takes place as a bell is struck,
the side of the bell communicating its vi-
brations to the air in the direction in
which the sound travels.
* *
Leon Chase, of Chase Bros., Muskegon,
Mich.,
was in town this week. Mr. Chase
HE distinguished firm of Knabe & Co.,
attends
to the road duties of his company
with innumerable honors to their
and
his
range
of territory is a wide one.
credit, are on the eve of achieving a new
He
tells
me
that
business is excellent; that
and greater renown for their productions.
the
factory
at
Muskegon
is in receipt of a
Evidence is now at hand to prove that this
large
number
of
orders,
and
that both the
celebrated firm are right in the front rank
Chase
Bros,
and
Hackley
pianos
are in
of the up-to-date, vigorous and alert piano
great
demand.
Leon
Chase
is
an
affable,
makers of the modern school. Their new
styles of uprights, some of which I had
the pleasure of examining in the local
warerooms this week, are destined to create
a sensation. They are not merely an elabo-
ration of styles, nor exactly a complete
revolution in the principles of construction,
for the individuality of the "Knabe" is
paramount. In them, however, is embod-
ied new scales on a broader basis, which,
as a matter of course, has resulted in new
features in designs, as well as improved
musical quality.
T
The instruments in question are all style
V with the new scale, and although this
number is the least embellished of the
series, they nevertheless present a truly
elegant appearance.
I have rarely seen
more perfect finish, choicer veneers, or
more elegantly figured woods than is con-
tained and exemplified in the instruments
in question.
They are truly elegant, and
among the specimens exhibited are designs
in birch, bird's eye maple, ash, French wal-
nut, San Domingo mahogany and old
English oak. A new patented fallboard
working automatically is an added feature
to these instruments. Mr. Ferdinand Mayer
is justly proud of this superb line of art
products.
LEON CHASE.
popular young man and makes friends
wherever he journeys. Since he has been
coming East he has developed a very fine
trade in this section for his pianos—a trade
which is steadily augmenting.
Mine. Teresa Carreno will use one of
Chase Bros, have been making great im-
the new style grands on her coming tour,
provement in their instruments from a
and I am safe in predicting that it will
tonal point of view, as well as architectu-
appeal successfully to the musical intelli
Some of their recent styles are
gence of the community and win unusual rally.
strong
arguments
in favor of the progres-
commendation and high honors.
siveness of this pioneer Western piano
With such active and progressive busi-
company.
ness men as Charles Keidel, senior and ju-
nior, Ernest and William Knabe, and
The esteemed "Indicator" is desirous
James E. Healy at the head of this institu-
that
the music trade should be represented
tion, there can be no question but the
in
McKinley's
cabinet, and suggests the
magnificent reputation which Knabe & Co.
names
of
two
first-class
representatives for
have maintained right along since the early
the
positions,
to
wit:
General Julius J.
days of piano making in this country, will
Estey,
for
Secretary
of
War,
and Commo-
be markedly accelerated this winter and
dore
Rnfus
W.
Blake,
for
Secretary
of the
next year—it means an appreciation in
Navy.
Mighty
good
and
efficient
men
the value of the Knabe pianos that will
truly.
In
case
Commodore
Blake
should
mark the birth of a new prestige.
not care to make his yacht "Dream" the
flag-ship of the fleet, I would suggest as a
There is an essential difference between substitute, the gallant Commodore Wes-
the waves supposed to constitute light, and sell. There is no better Republican, or
those forming sound in air. Both must more loyal admirer of the President-elect;
have an origin as center within an elastic and why not Colonel Dan Treacy, as Secre-
tary of War, in case General Estey should
not care to serve the nation in the office
suggested? We are under many compli-
ments to the sound money Democrats for
the great assistance vouchsafed in the late
campaign, hence in respecting such a rock
ribbed Democrat as Col. Treacy, the ele-
ment of the Democratic party which came
under the Republican banner for the nonce,
would be honored.
Menzenhauer Guitar=Zither Co.
B
USINESS with Mr. W. F. Menzen-
hauer, of Jersey City, has developed
so rapidly of late that it has been found
necessary to enlarge the factory and, in ad-
dition, add more capital to the business.
Mr. Menzenhauer has admitted Mr. Oscar
Schmidt, a well-known publisher of this
city, as partner, the arrangement dating
from Nov. 2, and the business will be con-
ducted in future under the name of the
Menzenhauer Guitar-Zither Co.
Mr. Menzenhauer is a German by birth,
and although a skilled organizer and clever
inventor, he admits that he is not qualified
to give the business end of affairs the at-
tention necessary; under the new arrange-
gement Mr. Schmidt will direct this
special department, also looking after the
road interests of the concern, Mr. Menzen-
hauer devoting his time exclusively to the
perfecting of his instruments, developing
new patents and superintending the factor)'.
Over $2,000 of new machinery has re-
cently been fitted up in the factor)'; it has
also been found necessary to occupy a large
adjoining building, where an additional
staff is already busily engaged stringing,
tuning and finishing instruments.
Next year it is proposed to begin the
manufacture of toy zithers, and large or-
ders have already been sent in for same.
The Menzenhauer Guitar-Zither Co. are
now in a position to turn out 2,000 guitar-
zithers and 5,000 toy zithers per week, and
under the new arrangement we predict a
big success for this enterprising house.
The New York office of this company is
at 165 Eldridge street. New catalogues
are in preparation.
THK Everybody's Pianist Co., of Boston,
Mass., whose incorporation we noticed re-
cently, are engaged in the manufacture of
self-playing attachments for pianos. Clar-
ence Bishop is the president of the com-
pany and F. W. Bailey, treasurer.
THE music trade will be well represented
in the new administration by Vice-Presi-
dent-elect Hobart.
He is interested to
an extent in the business of the Needham
Piano & Organ Co.
F. W. BAUMER, of
F. W. Baumer & Co.,
Wheeling, W. Va., was married on Nov.
n t h to Miss Margaret Hessey.
THE death is announced of Henry W.
Clark, music trade dealer, Biddeford, Me.
He was thirty-two years of age.
LUDWIG CAVALLI, of Alfred Dolge & Son,
was a visitor to Dolgeville, last week.

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