Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
Mr. Steinert is not a speculator. He is
a student, an enthusiast, an inventor.
These points must be recognized, and
when he gives his name to an inven-
tion there is something behind it. No one
can claim that we have reached a point
in tone development from which it is im-
possible to advance. All fair-minded men
are willing to admit that there are higher
points to be reached.
By all means hear the " Steinertone."
The Gorham Matter.
1
THINK, without exception, Alex.
Steinert was the most optimistic mem-
HE Gorham matter still continues to ber of the music trade that I encountered
while in Boston. Alex. Steinert is a man
occupy much space in the papers of
Worcester. In the "Gazette" of the n t h who takes a thoroughly comprehensive
inst. the article appearing in last week's view of business matters, and he is hopeful
He has placed large
"Musical Courier" is reproduced, regard- as to the future.
ing which Mr. Williams said: "The article orders with all the piano manufacturers
in the 'Courier' was a tissue of falsehoods, from whom he purchases his regular stock
excepting the tables of payments by checks —orders not for future, but for immediate
and by telegraph, which are probably cor- shipment, and the finished stock is being
rect. But only half the story is true. daily stored in the Steinert depot in the
Mr. Haines has paid this money as stated, Masonic Temple in Boston.
but not a half of the drafts on Gorham &
Mr. Steinert believes that there is going
Co. are represented in the $26,000. The to be a good trade, and the idea that the
total amount of accommodation paper business of the country is going to the dogs,
which has passed between the two firms he doesn't entertain for a single second.
is nearly $60,000, which means that a He intends to have the goods at his immedi-
sizable balance remains unpaid. As for ate disposal as soon as they are needed.
the concluding paragraph of the ' Courier's '
Would that there were more Alex. Stein-
article, facts are distorted or untruths ut- erts in the music trade.
tered. Mr. Gorham is consulting his
counsel, Col. Rockwood Hoar, as to the
Reinhard Kochmann, who enjoys a wide-
advisability of formally answering the state-
ment. It is probable that Frank P. Gould- spread acquaintance in the music trade,
ing will be his senior counsel. Mr. Will- came in to see me this week. While in
iams said that the article was in curious Europe Mr. Kochmann arranged for the
contrast to that printed in the same paper American agency for a number of specialty
a week ago which justified the transactions devices which he will handle on his own
account in this country. Mr. Kochmann
between Mr. Williams and Mr. Haines."
has many friends in the music trade who
will regret to know that he has decided
Emerson Showing.
upon severing all connections with the in-
dustry.
A SATISFACTORY AND ENCOURAGING STATE-
* *
MENT.
*
Albert Weber still manages to occupy a
N official statement of the affairs of
the Emerson Piano Co. was given prominent position in the public press of
out on Wednesday, and will be presented the city. The latest notoriety achieved by
at the meeting of the creditors, which takes him was his arrest last Wednesday on the
place to-day in Boston. The following are accusation of his foreman of assault which
the figures : Direct liabilities, $151,922.94; occurred in the Weber warerooms. Mr.
contingent liabilities, $102,286.91, making Weber was fined five dollars. Not having
a total of $254,209.85 ; of this amount $79,- the cash he was led away to a cell. A
414.13 of the direct liabilities is amply se- messenger whom he dispatched to the
Weber warerooms failed to find a man
cured by leases and notes.
The assets are merchandise and book there who would produce the necessary
accounts, according to inventory, $380,- cash to save him from lodging that night
799.88; factory plant, $190,947,35; machin- at the city's expense. Strange things the
ery and furniture in factory, $40,951.46; whirligig of time brings forth. The cause
stable connected therewith, $1,324.83, of his misfortune had its origin in the fact
making a total of $614,023.52.
Deduct that he endeavored to get a cart to move
from this amount, a real estate mortgage some apples from his home in Portchester.
of $115,000, and the net total assets amount Mr. Engel, the foreman, failed to carry
out Mr. Weber's instructions, hence the
to $499,023.52.
This is a most satisfactory and in some accusations, with the result as stated above.
respects a remarkable statement, and
affords indubitable proof of the healthy
condition of the Emerson Piano Co.'s
In talking with a prominent pianist a few
financial affairs. Under the circumstances
days
ago he remarked, "If any evidence
there can be no question as to a speedy re-
sumption of business.
were needed by those skeptically inclined as
MR. WILLIAMS TALKS.
T
A
to the advances made by the house of Wm.
Knabe & Co., whether as to the tone, qual-
ity, construction, finish or architecture of
their pianos, it is only necessary to visit the
warerooms and investigate some of the spec-
imens of the special styles which are now
in process of manufacture, especially style
'V.'
This piano is a splendid develop-
ment in the way of a grand upright; apart
from its really artistic design—being beauti-
fully paneled and artistically engraved—
the sonority, quality and evenness of its
tone is a delight to the critical musician,
and an unequivocal demonstration that the
celebrated reputation which the Knabe in-
struments have always maintained is not
only being perpetuated but accelerated."
Wilcox & White Organ Co.
P
RESIDENT J. H. WHITE, of the
Wilcox & White Organ Co., said this
week that business in the piano depart-
ment of the factory was very fair. In that
branch the employees are working six days
a week, eight hours a day.
The company have just shipped one of
their $800 Symphony organs to Henry E.
Cooper, of the United States consulate at
Honolulu, H. I.
OTTO L. BRAUMULLER, president of the
Braumuller Co., returned from his extended
Western trip to-day.
WE are pleased to learn that R. C. Mun-
ger, the well-known St. Paul dealer, who
recently assigned, will resume business at
an early date.
FRANK GRAB.MAN, for over a year sales-
man for the Cincinnati Piano Co., at 1311
Central avenue, Cincinnati, O., has been
arrested on the alleged charge of em-
bezzling several collections made to him
for pianos. He denies the charge.
JUDGE
MCNEILL,
of
the
Insolvency
Court, Cincinnati, O., has affirmed the re-
cent sale to Jas. M. Glenn of the Smith &
Nixon common stock for $19,825.
ONE of the results of the change in the
management of the Knabe warerooms in
this city will be the probable retirement of
Mr. S. M. Barnes, who for a long time has
been associated with the New York house.
Mr. Barnes is more than a clever salesman,
he is a gifted one and popular as well. He
has had several offers made him, but has
not yet decided as to his future. The firm
who engages the services of Mr. Barnes
will secure a man of undoubted worth.
FRANK. S.
GREENAWALD,
music
trade
dealer, Reading, Pa., was married to Miss
Levan of that city last Wednesday at Neth-
erwood, N. J., under peculiar circum-
stances. The bridegroom is in the last
stages of consumption, and came to Nether-
wood to consult a specialist. Learning that
his life was limited to a week or so, he
asked for a minister and desired to be
united to Miss Levan, who accompanied
him. The couple left for their home in
Reading, Thursday afternoon, apparently
happy.