Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
VOL.
XXVI.
No. 26.
Published Every Saturday at 3 East Fourteenth Street. New York, June 25,1898.
Doll Ships Four Carloads.
Talk about dullness of trade. Jacob
Doll will ship for far Western points on
the Pacific Coast four carloads of pianos
this week. Doesn't look like dull times
there.
A Piano Outing.
WAR AND BUSINESS.
OPINIONS OF SOME MEMBERS OF THE TRADE REGARDING THE BUSINESS SITUATION
THE
REVIEW WILL CONTINUE TO PRESENT THE TRADE VIEWS UPON THIS MOST I M -
PORTANT MATTER, AS SEEN THROUGH MANY GLASSES BUSINESS MEN IN
ALL SECTIONS CONTRIBUTE TO THE DISCUSSION
MANUFACTURERS
AND DEALERS ARE INTERVIEWED.
Edward P. Hason, President, of nason
& Hamlin Co., Boston, Hass.:—"We
would state that in our judgment the next
two months will be quiet ones in the piano
[Special to The Review.]
trade, but that we feel very confident that
Rochester, N. Y., June 18, '98.
There was a splendid showing made of there will be a splendid revival of business
the piano industry of this city to-day and in the fall, whether the war is over by
George Foster and his associates have rea- that time, or not."
son to feel proud of their exhibit of workers.
Q. F. Blake, McPhail Piano Co., Boston :
This morning the employees of Foster —"We have a firm conviction that busi-
& Co. and Haines & Co., piano manufac- ness will be of a first-class character this
turers, held their annual outing at Wind- fall. We are making our plans for such a
sor Beach. The party left the factories business, and certainly hope we shall not
on State street at 8 o'clock this morning. be disappointed."
About 200 men marched in line behind the
Peter Duffy, The Schubert Piano Co.:
Fifty-fourth Regiment band and the Amer-
"
I
cannot say that the existence of a war
can flag to the corner of North St. Paul
has
materially affected our business, nor
and Main streets, where they boarded cars
do
I
think it will. If another big victory
for the beach. The ladies of the party
were
scored, by the troops or navy, in the
and their escorts took up several more
near
future,
it would cause an impetus to
cars.
be felt, but in any case, the people have
When the party arrived at the beach
gotten over their anxiety and those who
games of various kinds were indulged in,
want pianos will buy them.
the most notable being a ball game be-
"So far as I am able to judge in the light
tween the single and married men. The
of
passing events, I certainly think that
score and scorer are believed to be at the
there
is little cause for fear as to the
bottom of the lake.
prospects for a good fall trade. And it
will be very welcome. Piano manufactur-
A. Reed & Sons' Affairs.
ers and dealers have entirely too many
Chicago, June 21, 1898.
fluctuations to contend against."
The affairs of A. Reed & Sons, dealers
Julius Krakauer,of Krakauer Bros.:—"It
in pianos and musical supplies, have been
is
at least four weeks too soon for any reli-
placed in the hands of the Chicago Title
able
or valuable opinion to be offered as to
and Trust Co. as receiver, on complaint of
trade
conditions in the fall. If, on the
the New York Life Insurance Co., New
one
hand,
our naval and military forces
York. An injunction was also issued re-
meet
with
several successive victories in
straining members of the firm from dispos-
Cuba
and
the
Philippines, the people will
ing of any of the stock or other assets of
become
exhilarated,
and they will spend
the concern without permission of the
money
freely.
In
such
a case the fall
court, Ten days ago the firm assigned
trade
will
be,
of
course,
phenomenally
and the insurance company, one of the
. :
creditors, charged that no return of the good.
" If, on the other hand, it happens that
property was made, and that it was still
fraudulently in the hands of the individual our Cuban and Philippine native auxil-
iaries are found to be weak, helpless or
members of the concern.
otherwise useless for purposes of con-
Montgomery, Ward & Co., Chicago, have quest, or if from any other cause, our
as a special feature of their exhibit at the army or navy, or both, meet with reverses,
the people will become depressed and dis-
Omaha Exposition an electrical piano.
EMPLOYEES OF FOSTER & CO. AND HAINES & CO.
PIANO FACTORIES HAVE AN OUTING
AT WINDSOR BEACH.
$?.oo PER YEAR
SINGLE COPIES, 10 CENTS/
contented, calling aloud for explanations
from the government and so on. Should
this happen, there is a poor outlook for
fall business in pianos, or any other branch
of commerce outside of active necessities.
There will be prophets of evil croaking
around—as they always do at the least ex-
cuse—and we shall suffer accordingly.
"Speaking for the firm, I can say that we
have no cause for anxiety. Our business
is rapidly developing in every direction
and our methods of management permit
us to move steadily along, scarcely
influenced one way or the other by existing
war conditions."
Peter D. Strauch, Strauch Bros.:—"This
will be the best fall for the various
branches of the piano trade since 1893.
The war will have no injurious effect
whatever. On the contrary, we shall, in
due course, be directly benefited by it.
The war has already been discounted. It
is perfectly well known that, no matter
how persistently the Spaniards may fight,
the country is bound to be victorious in
the end.
"Even reverses in Cuba, if our troops
happen to become, occasionally, the
victims of circumstances, are not going to
create depression. The country is now
entering upon a period of healthy pros-
perity.
The agricultural interests are
flourishing in every section. In the West,
farmers have no legitimate cause for com-
plaints of any kind, either concerning
present conditions or future prospects.
The money market is easy, too. Any
amount of money can^ be received on
moderately good paper at 3 ^ and 4 per
cent.
" I n the course of our business in this
branch we have means of ascertaining the
actual condition of other branches. We
know that orders are coming in steadily in
every instance when proper business
methods prevail. We know also that re-
sponsible piano manufacturers and dealers
(Continued on page 6)