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THE MUSIC TRADE REVIEW
STEINWAY AND LYON & HEALY.
some time past, rumors have not been lacking regarding the Stein way interests
in Chicago. All speculation from this time can now cease. The report reached
here this week that the Steinway piano would again be handled by Lyon & Healy.
Calling at Steinway Hall for a corroboration of the report, we were informed that
Lyon & Healy have bought the merchandise and assets of Lyon, Potter & Co., and
have also acquired the agency for the Steinway piano.
That in brief settles the matter, and the rumor reporters can now take a vacation.
Substitute for Corporation Tax. The Battle of the Roses—and
Klaber.
IT IS INTENDED TO TAX THE LARGE MONOP-
OLIES OR TRUSTS INSTEAD OF THE
GENERAL TAX UPON CORPORA-
TIONS AND BANKS SUGGESTED.
Final action on the War Revenue bill
will probably be much expedited by a
compromise on the corporation tax feature
of the measure brought forward Thursday,
by Senator Gorman.
As reported by the Senate Committee,
the bill proposes to impose a tax on the
gross receipts of all corporations and upon
deposits in all banks. Most of the debate
in the Senate has been devoted to this part
of the bill, and the opposition to the cor-
poration tax is very strong.
Senator Gorman's amendment propo-
ses to impose a tax only upon persons,
firms, companies and corporations engaged
in the business of transportation, telegraph,
telephone, gas, electric light, electric heat,
steam heat, steam power, petroleum refin-
ing, sugar refining and transporting oil or
other products by pipe lines. The rate is
made one-half of one per cent, on the gross
annual receipts of such corporations when
they exceed $250,000 a year.
It is the consensus of opinion that this
amendment will be adopted—it takes the
tax off the smaller business interests and
banks and places them on the trusts or
monopolies.
Pretty Rich.
Emile Klaber, of Automaton fame, fig-
ured in the West Side Police Court on
Thursday last. He was charged by Ar-
thur M. Rose & Co., designers and dec-
orators, with malicious mischief. It seems
that Klaber is a tenant of the foregoing
company and occupies the ground floor, at
121 West 42d Street. For five months
there has beeen a continual warfare be-
tween the Roses and Klaber over the ques-
tion of the color of a sign and the store
front. The building is decorated in a
pale orange yellow relieved by dashes of
green and pink, and with rare esthetic
taste, Arthur M. Rose insisted on Klaber
printing his signs in harmony with the
colors used in front of the building.
Klaber demurred, saying that he-would
paint his signs any color he pleased, and
proceeded to paint the signs sky blue with
gilt letters. Klaber's taste did not meet
with Rose's approbation, and someone
under the cover of night defaced Mr. Kla-
ber's sign. Meanwhile the merry war
went on for several weeks, each side in-
sisting upon his rights, much to the merri-
ment of neighbors and onlookers. Then
the case was carried to the Court, and last
February Judge O'Gorman held that the
landlord was justified in protesting against
the disfigurement of his building.
A little matter like the decision of a
judge did not worry Mr. Klaber, and again
his painters were at work with similar
activity on the part of the Roses to inter-
fere with Klaber's labors.
As a last resort the Roses secured a
summons from Magistrate Brann to re-
strain Mr. Klaber. In the court the latter
said that he was willing to end the litiga-
tion by painting the store front as the land-
lord desired, but as to the sign he reserved
the right to paint it any color he pleased.
The Magistrate after perusing elaborate
maps and studying colors, et al, could not
decide this important battle of the Roses,
so reserved decision until June 8th.
Our good friend, the Indicator, is noted
among other things, for its leaning towards
self-laudation. In a column of matter in
last Tuesday's issue, devoted to Steinway
interests in Chicago, it has much to say in
this vein:
"When any change is made in the
Steinway representation in Chicago the
Indicator will duly announce it, and not
before. Sufficient unto the day is the evil
thereof.
" It is extremely gratifying to note a con-
clusion in the Steinway affairs. The vari-
ous rumors were certainly perturbing and
Oliver Ditson Co. Report.
kept one from securing one's quota of
sleep. Now if that board of strategy at
Boston, Mass., May 24, 1898.
Washington, aided by Admiral Sampson,
The Oliver Ditson Co. have filed a certifi-
will catch and sink the Spanish flying cate of condition. J. C. Haynes is presi-
squadron we shall be infinitely happy. dent, C. H. Ditson is treasurer. Assets:
That and the Steinway rumors were en- Machinery, $1,500; cash and debts receiv-
tirely too much. One has been settled; able, $159,346; manufactures, merchan-
let the other be done up without delay."
dise, stock in process, $388,165; miscella-
And the Steinway rooms hardly two neous, $1,800; total, $550,812. Liabilities:
blocks away. Well! well! Did someone Capital stock, $300,000; debts, $250,351;
say "scoop? "
balance, profit and loss, $460,
Mr. and Mrs. Carl Hoffman, of Kansas
City, Mo., celebrated their silver wedding
at their home, 514 Gladstone Boulevard,
last evening. A host of friends including
The Review, extend to the happy couple
best wishes on this auspicious occasion.
Geo. Dougherty, an engineer in the W.
W. Kimball Co.'s factory, Chicago, was
thrown from his wheel while out riding
last Sunday and is suffering from concus-
sion of the brain which may prove fatal.
Business at the Kelso factory this sea-
son has been active in both wholesale and
retail departments.
Mr. Kelso, whose
health during the past few months has not
been perfect, found much benefit from his
sojourn in Florida, and is again at his
desk.
Retail trade, ordinarily quiet at this
time of the year, has not been helped by
the extended spell of inclement weather,
which is demoralizing business of all
kinds.
The Royal Italian Opera Co., who have
been playing at Wallack's Theatre, for the
past two weeks, state in the program that
they are using, for orchestral purposes,
the Weser piano with harp attachment.
The new Regina warerooms, Twenty-
Second Street, Fifth Avenue, and Broad-
way, are now out of the hands of the dec-
orators, and stock is being rapidly placed
in position.
Reinhard Kochman, the Krakauer
"Knight of the Road," will visit the
Eastern agents of the house next week.
Mr. Kochman has covered quite some
grounds in the Krakauer interests since
the first of the year.
Work at the Gibson Piano Co. factory is
being actively carried on.
Win. F.
Boothe left on Thursday for Philadelphia.
On his return he will start for Montreal in
:
the interest of the Gibson Co.
A. B. Cameron, of the A. B. Cameron
Co., returned early in the week from,
a brief trip. He was successful in secur-
ing several desirable new connections.
The piano warerooms and factories will
be closed on Monday next,—Memorial
Day.
Chickering & Sons are now represented
in Paris, France, by F. Clafat, at 28
Champs Elyses.
Chas. H. Parsons, president of the Need-
ham Piano & Organ Co., is due in town
to-day from Europe.
H. G. Deane, of New Bedford, Mass., an
old time organ maker, died last week.
H. G. Farnham is touring the South for
the Needham.
Grass All Right.
We are pleased to see that Geo. N.
Grass, who was reported last week to be
seriously ill, has been down to the Steck
ware-rooms several times during the week.