Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
Schaeffer Stock Sold.
THE CHICAGO COTTAGE ORGAN CO. BUY IT
FOR $IO,OOO.
Monday morning—according to an an-
nouncement—the finished and unfinished
stock at the Schaeffer piano factory was
sold at public auction. There are about
300 cases in all stages of construction,
probably about 150 being half completed
instruments. There is also a quantity of
veneer and general lumber.
The stock was first put up in lots and
bids invited. Mr. Cable, Mr. Straube and
Mr. J. K. M. Gill bid on various lots, the
total aggregating $7,250.
Then the whole batch was put up
together and Mr. Cable and Mr. Straube bid
against each other. Straube stopped at
$9,600 and Mr. Cable bid $10,000 and was
declared the buyer. Adam Schaaf was on
hand but did not bid.
The sale of the machinery was postponed
for ten days so that at that time the build-
ing, machinery and real estate will be sold.
It is said that Freeborn G. Smith is talk-
ing of buying the plant for a case-making
factory. His son has been out to look it
over.
The workmen will be paid ($6,000) of
course, out of the first proceeds.
The Chicago Cottage Organ Co. will
make up the stock on hand and with their
facilities they will, in a short time, be en-
abled to reimburse themselves for the
amount advanced the Schaeffer Co.
The collateral accounts they hold are
still problematic in value—but is is figured
that perhaps the $20,000 worth may realize
something like $7,000.
The factory and machinery are good and
the plant is in excellent condition. The
location would not be just the one sought
perhaps—but the man who gets the fac-
tory right ought to do well. The railroad
facilities are not bad.
There is a mechanic's lien of $1,500
against the building.
The Milton Piano Company,
(E. M. BOOTHE, Treas.)
MANUFACTURERS U
p r
jght
PJaHOS
Office, Warerooms and Factory,
1881& 1SS3 Park Ave.,
Corner 128th St., NEW YORK.
rs securing territory will be protected.
Very few supply men are caught in this
latest failure of the company. The Schaef-
fer actions were made at the factory.
The veneer and lumber interests are in for
a modest amount and .probably there is an
account for plates. But none of these bills
are very heavy.
The auction sale of the remaining assets
will occur Thursday, Dec. 30th.—Musical
Times.
Baehr Will Move.
Eugene B. Baehr & Bro., now at 23 East
Fourteenth street, have decided to change
their present quarters for more commodi-
ous warerooms at 7 West Fourteenth
street. In size they will be 30x130 feet,
and admirably suited for the purpose. The
move will be made Jan. 1.
The Vose Piano.
The Vose & Sons Piano Co. of Boston
are closing their year with a great record.
The support which has been vouchsafed
this concern is merited. They have been
unceasing in their efforts to lead in the
matter of new styles, and their activity and
good judgment have only been regarded
with a deserved success.
Bothner Advancement.
Geo. Bothner, in maintenance of the
progressive policy recently developed by a
wise move to the Harlem district, has op-
ened spacious offices in connection with
the factory, and is now comfortably housed
in a manner in keeping with the standing
of the firm. The offices, completely fitted
up with desks, railings, etc., front on Park
avenue at 131st street. Business is active,
with a large force at work.
David H. Schmidt finds that he is get-
ting a fair share of the season's prosperity,
with every prospect of a busy year in 1898.
O. Harper Benson has purchased a three-
story brick structure at Talbotand Carpen-
ter streets, St. Michaels, Md., where he
intends to open an establishment for the
sale of pianos, small goods and music.
The Concord, N. H., Monitor has the
following interesting item in its corre-
spondence from Center-Conway: " H. B.
Cotton has an order from the Everett
Piano Co. for a thousand piano frames.
This will brighten business a little at the
mill."
iMWOOD TURNING LATHES
Knabe Secures Another School
Contract.
TEN NEW UPRIGHTS AND FOURTEEN SQUARES
TO BE FURNISHED.
At a meeting of the Committee on
Buildings of the Board of Education of the
City of New York held last Monday Wm.
Knabe & Co. were awarded a contract for
supplying fourteen new squares and ten
new upright pianos for the public
schools of this city. This makes the third
contract which has been awarded to the
Knabe firm within a very short space of
time, and it speaks eloquently of the satis-
faction which their pianos have afforded.
As we said some time ago, Wm. Knabe &
Co. have now good reason to claim to be
the official piano makers to Greater New
York, the second city of the world. This
is an honor to feel proud of, and Manager
Mayer of the local house can be congratu-
lated on his activity in the Knabe in-
terests.
Wissner's New Scale Colonial.
Otto Wissner will soon have ready for
the trade his colonial upright, an un-
usually handsome instrument, containing
a new scale—a "grand and upright form."
The Review had the pleasure of inspecting
exterior and interior photographs of the
instrument, a few days ago. Basing an
opinion on these photographs and backed
by a knowledge of Mr. Wissner's ambition
to make the Wissner a notable instrument
in a musical sense, we should be inclined
to predict a big popularity for this new
scale upright.
The '98 "rialcolm Love.
The Malcolm Love new style 7, an il-
lustration of which appears elsewhere in
this paper, is going to become a great pop-
ular favorite during '98 or we are mistaken.
Attractive in appearance, it is equally ex-
cellent in the matter of tone and construc-
tion. It is a piano that dealers can sell
and recommend with profit and with pride.
THE PIONEER
PIANO
OF THE WEST
FROM NEW PATTERNS WITH NEW FEATURES.
IMPROVED WOOD-WORKING MACHINERY
NEW IMPROVED WOOD LATHE
FURNISHED WITH OR WITHOUT SHEARS, 12,
16 AND 20 IN. SWING.
ALSO IRON FRAME, STEEL BRACED VE-
NEER PRESSES, GLUE SPREADERS,
GLUE HEATERS, FACTORY
TRUCKS, ETC.
JOHN T. TOWSLEY HFG. CO.
BUILDERS OF PIANO AND ORGAN HAKING HACHINERY,
Write for Catalogue.
SIXTH AND MAIN STREETS, CINCINNATI, OHIO
NOTED FOR ITS ARTISTIC
EXCELLENCE
CHASE BROS.
PIANO CO.
FACTORIES: M U S K E G O N
MICH..