Music Trade Review

Issue: 1897 Vol. 24 N. 22

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
I NEW TO
T, IJBRAH?
RETI
VOL XXIV.
No. 22.
Published Every Saturday, i t 3 East Fourteenth Street.
First Blood for Gorham.
[Special to The Review.]
Worcester, Mass., May 26, 1897.
In the suit brought by the Mount Mor-
ris Bank, New York, against C. L. Gorham
& Co. to recover moneys advanced on notes
drawn by Mr. Gorham's manager, Mr.
Charles H. Williams, the defendant came
out a winner yesterday.
There was an understanding between
counsel at the trial that either way the
verdict was given, an appeal to the su-
perior court would be taken, and the appeal
will without a doubt be entered within
three days.
In his ruling the judge stated that sup-
posing Williams had authority to accept
drafts in payment of goods delivered, had
he also authority to accept accommodation
drafts? Apparently not; yet commercial
law says that if a bank holds drafts in good
faith that it has reason to believe were
given for goods received, and some of
these drafts turn out to be accommodation
paper, then the firm can be held, even
though the agent has exceeded his author-
ity.
The court declared further that Wil-
liams' authority to bind the firm cannot be
inferred alone from the nature of the busi-
ness. There must be other confirmatory
evidence. Furthermore, the authority of
an agent as it appears to the world in his
dealings with business men, cannot be af-
fected by any secret instructions from the
principal. If, previous to the issue of the
power of attorney of Jan. 6, 1896, Wil-
liams, with Gorham's knowledge, had been
dealing with the banks and getting paper
from them, then on the issue of that power
of attorney restricting Williams' authority,
it was Gorham's duty to notify the banks,
otherwise his responsibility continued.
In case the bank is to recover, it is en-
titled to interest from the date of the ma-
turity of the drafts to the date of the ver-
dict. Miss Gorham, being in partnership
with her brother, shares in the responsibil-
ity.
The result has occasioned no special sur-
prise here as many have believed that Mr.
Gorham would win on this particular suit.
It should be understood that the result of
this suit does not in any way affect the le-
gal status of the remaining notes signed by
Williams. Of course the holders of these
notes may doubt the possibility of secur-
New York, May 29,1897.
Si.oe PER YEAR
SINGLE COPIES, IO CENTS
orders for twenty-seven instruments to go
South and Southwest. And this is not ex-
traordinary but typical of the general con-
dition of business with them during the
month. The factory is now running regu-
larly twelve and a half hours a day in
order to keep up with orders. This looks
like business.
The success of the Ann Arbor Co. is
due first, to the excellence of the instru-
ments which they are manufacturing, and
next to the vigorous policy of manager
Handerson, who is successfully campaign-
ing
the country in the interest of his house.
Piano and Organ Tax.
His recent work in Northwestern Michigan
DEALERS MUST PAY A LICENSE TAX OF $ I O and adjoining States has been prolific of
ON EACH STYLE OF INSTRUMENT SOLD.
splendid results.
As announced in The Review a few
[Special to The Review.]
weeks
ago, a branch store has been estab-
Raleigh, N. C , May 25, 1897.
lished
at Menominee, and while there last
State Treasurer Worth yesterday sent out
week
Mr.
Henderson succeeded in dispos-
a circular letter to all dealers in pianos and
organs in the State to the following effect: ing of eight pianos and six organs at retail.
The Ann Arbor Organ Co. are at present
"Nearly all licenses issued to dealers in
pianos and organs under the laws of 1893 at work on a number of new style organs
and 1895 have expired, and but few have which with the Henderson piano—which
renewed. Under the new law (of 1897), is winning friends every day—give them a
so far, but few licenses have been issued. winning team of instruments that dealers
This is to respectfully remind all dealers in can handle with pleasure and profit.
pianos and organs in this State,that section
Fire in Mankato, Minn.
26 of the Revenue Act of 1897 imposes a
[Special to The Review.]
license tax of ten dollars on each style of
Mankato, Minn., May 23, 1897.
instrument sold or offered for sale in the
L. Paterson & Co.'s wholesale grocery
State, and makes it a misdemeanor to sell
or offer for sale any such instruments with- house, which is located next to Geo. O.
out license, and imposes a fine of $100, a Owens' music store, was destroyed by fire
penalty of $200 besides a term of impris- yesterday morning. The falling walls
ment not to exceed thirty days, for viola- crushed through Mr. Owens' building and
tion of the law. Please send in at once the the stock was badly damaged in this way
name by which each separate style or class and also by water. The origin of the fire
is designated, with ten dollars for each. is unknown, and many believe it to be the
Also give the name and address of dealer work of fire bugs. Mr. Owens' loss is fair-
or agent in whose name the license is to ly covered by insurance.
be issued, and the license will be forwarded
Fire at the Weser Warerooms.
at once."
A fire occurred last Sunday morning in
the
five story building, 149 West Twenty-
Busy Ann Arbor Co.
third street, wherein is located Weser Bros,
Cheering news comes to us from the Ann piano warerooms. The upper part of the
Arbor Organ Co., Ann Arbor, Mich.,— structure was occupied by a party who let
particularly cheering when there is such out furnished rooms, and the fire occurred
an epidemic of complaints about business. in these quarters. Two lives were lost and
In a recent communication they state that several parties had narrow escapes from
last month was one of the largest months death. The fire, however, was confined to
in shipping outputs that the company have the upper part of the building, and the only
ever experienced.
loss sustained by Weser Bros., who occu-
That this bright condition of things is pied the entire second floor, was through
being continued into May is evident from water, about twenty-five instruments being
the fact that last Friday they received badly damaged.
ing justice in Worcester, where the feeling
is strong in favor of Mr. Gorham. Yet it
is believed that in the later trials it will be
shown that some of the proceeds of the
notes given did enter into the posses-
sion of Mr. Gorham and that Mr. Gorham
was personally cognizant of the transac-
tions.
Again there is an innocent third party,
the party purchasing or discounting these
notes. The feeling here is that there will be
interesting developments in the next trial.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
cent, increase over last year. That is nearer
the exact figure. There are unmistakable
indications, too, that there is more of a sub-
stantial foundation prevailing and dealers,
as a whole, look forward with greater assur-
ance to the business future than last year.
EDWARD LYMAN BILL *£§•-
Editor and Proprietor.
Another interesting feature is this: that
the
very cheap piano, as a prominent factor
PUBLISHED EVERY SATURDAY
in the trade, is rapidly disappearing. In
3 East 14th St.. New York
its place the medium grade instrument is
SUBSCRIPTION (including postage) United States and
beginning to forge rapidly to the front in
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
public
favor.
insertion. On quarterly or yearly contracts a special dis-
count in allowed.
This is precisely as we predicted two
REMITTANCES, to other than currency form, should
fe« made payable to Edward Lyman BUI.
years ago. That the very cheap piano was
Bnttrtd mt tka If mo Yerk Pbst Offic* as Second- Class Mmttmr. an emergency instrument, and as soon as
the sunlight of prosperity dissipated the
NEW YORK, MAY 29, 1897.
gloom of depression the era of cheapness
TELEPHONE NUMBER 174S. — EIGHTEENTH STREET
would disappear as speedily as a wreath of
THE KEYNOTE.
The first week of each month, The Review mist before the morning sun.
We have published a few of the many
will contain a supplement embodying the liter-
ary and musical features which have heretofore letters received, and next week we shall
appeared in The Keynote. This amalgamation
will be effected without in any way trespassing devote more space to the same matter.
on our regular news service. The Review will
The Review is a business publication.
continue to remain, as before, essentially a trade
It
eschews personalities, but believes in
paper.
gaining all the information which the far-
THE TRADE DIRECTORY.
The Trade Directory, which is a feature of reaching machinery of this newspaper in-
The Review each month, is complete. In it ap-
pears the names and addresses of all firms en- stitution can command, and turning it out
gaged in the manufacture of musical instruments in a carefully selected grist of news to our
and the allied trades. The Review is sent to readers.
the United States Consulates throughout the
Again we believe in serving the manu-
world, and is on file in the reading rooms of the
principal hotels in America.
facturers by correctly forecasting for them
the business situation in order that they
TRADE —RETROSPECTIVE AND
may have, as a basis for future operations,
PROSPECTIVE.
the opinions of a widely separated con-
URING the past few weeks we have
stituency.
received letters from prominent
4-
^
dealers from all sections of America giv-
Last week we made mention of the fact
ing their opinions regarding trade—re-
that the Secretary of State refused to grant
trospective and prospective.
incorporation papers to Mr. Armstrong, of
It has been interesting to read the Foster & Co. of Rochester, N. Y., who
many communications and to note the desired the incorporation of Haines & Co.
variety of opinions regarding trade for
During the interim, we have heard noth-
the present year. In a country as diver- ing further relative to the action of the
sified in climate and products as America would-be incorporators.
there are always many complex questions
•]
-—-i-
rising out of the politico-economic situa-
A sad commentary on modern civiliza-
tion which tend to depress trade in cer- tion that men no sooner create a valuable
tain quarters.
trade mark for certain wares, than that
Perhaps there can be no better way to same trade mark is sought to be imitated,
forecast the trade situation than to gain and its value appropriated by other indi-
the opinions of men who have been en- viduals.
gaged for years in business in certain lo-
It seems surprising, too, that men who
calities. They are thoroughly conversant have hitherto borne a fair business reputa-
with trade conditions—know the out- tion should countenance a move which
look for the product either in mineral, ag- means nothing more nor less than the ap-
ricultural wealth or in manufactures of propriation of the name and good will
their locality. From the hundreds of re- fairly earned by others for their own self-
plies received we deduce the following ish,.monetary ends. It is true that most
facts:
of us do not remain in business purely for
That trade for 1897 as compared with the purpose of health, yet there are some
1896 shows a slight increase. The percent- men who are actuated by higher and nobler
age varies, according to opinions, from ten aims than the mere scramble for dollars.
to forty per cent. Our own opinion is that
We somehow are inclined to the belief
the average would be about fifteen per that men who will set to work deliberately
D
to steal the good will which others have
striven years to create, are no better than
thieves who break into a house at night
and steal personal property.
After all, what is a trade mark but prop-
erty?
It has a value, an artistic value, and a
commercial value as well. Now what right
has another to a name which he was not
instrumental in creating a value therefor?
Men who countenance such a move
should be frowned upon by their fellow-
men, because they are not only enemies to
society, but they would seek to undermine
the very foundation upon which modern
business rests, namely, character and honor.
While the age may be properly termed
iconoclastic, yet we believe that there are
enough men—decent, self-respecting, men
—in this trade who will eschew anything
which savors of a demolition of those prin-
ciples which should surround every honest
man and every upright business.
+
+
This is washing day for New York music
trade journalism, and the regular weekly
exhibit of soiled linen will be aired before
the trade. What a shame that the gar-
ments can't be washed in a remote back
alley! There are some ugly stains upon
them, and the display is not creditable
either to music trade journalism, or the in-
dustry which it represents.
The variegated career of that singular
compound of venom and vanity—John
Freund—does not form a particularly in-
structive object lesson, and it is neither
creditable to him as a journalist or a citi-
zen. Still, like all nerve-veneered men
of his class, he usually finds a way to ex-
tricate himself from any unpleasant situa-
tion into which he may be plunged.
It will not be surprising that he will fig-
ure John Haines indebted to him, and that
during all these intervening years he has
been especially considerate of his position,
and favored him with extreme leniency.
The garb of injured innocence is a fa-
vorite covering with John Freund.
The Gildemeester 6L Kroeger
Piano.
Work on the Gildemeester & Kroeger
pianos at the Kroeger factory is progressing
rapidly, and orders are coming in apace,
showing conclusively that the firm hold of
the " G. & K. " on the market has not been
relaxed. During a business talk on Wed-
nesday with Mr. Kroeger, a beautiful ex-
ample of the Gildemeester & Kroeger,
Style H, in walnut, was examined. This
instrument, one of a number recently
completed for shipment, has no elaborate
carving in relief, but the panels, richly en-
graved, give, with the general style and
finish, a chaste appearance always sought
for by piano makers but rarely secured.

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