Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
UNCLE SAM STILL ON TOP.
A SUCCESSFUL FIRM
In the matter of Exports—Leads all other Countries —
Some figures of interest.
Of Young Salesman who are going right to the
Front.
The United States continues at the head
of the list of the world's exporting nations.
The comparative figures prepared each month
by the Treasury Bureau of Statistics, ex-
hibiting the imports and exports of each of
the principal countries of the world and the
average per month during a given period,
show that the domestic exports from the
United States are greater than those from
any other country, and that the monthly
average during the year 1901 has been higher
than that of any other country. For the nine
months ending with September, our exports
of domestic products were $1,024,605,181,
against $1,018,845,768 from the United
Kingdom, the next largest exporter of do-
mestic products, in the same period. While
a comparison during the same period with
Germany, France, Russia, Netherlands, and
India, which follow in the order named in
the magnitude of their exports, is impracti-
cable because their fiscal years are not con-
terminous with that of the United States,
the totals of their exports during the latest
available years show not only that the United
States is clearly in the lead as an exporter,
but that the growth in her exports has been
more rapid than that of any other great ex-
porting nation. In the calendar year 1900,
for which the statistics of most exporting
countries are now available, the figures for
the United States were $1,453,013,659 of ex-
ports of domestic products, against $497,-
263,737 m l &75> a n increase of nearly 200
per cent, during that period; while those of
Germany were in 1900, $1,050,611,000, and
in 1875, $607,096,000, an increase of 73 per
cent.; and those of the United-Kingdom,
in 1900, $1,418,348,000, and in 1875, $1,087,-
497,000, an increase of about 40 per cent
Ambitious young salesmen may receive
inspiration from a study of the business ca-
reer of Geo. B. Grosvenor and Erwin F.
Lapham, the young Chicago piano merchants
who have beautiful retail warerooms in the
Fine Arts Building in that city.
It was something over three years ago, or,
to be exact, three years last June that the
The very latest available data for compar-
ing the commerce of the United States with
that of other countries, however, are fur-
nished in a statement just prepared by the
Treasury of Bureau Statistics, which shows
the monthly exports of domestic merchandise
from each of the principal countries of the
world during that period of its fiscal year for
which statistics are available. This shows
that the monthly average for the United
States is greater than that of any other
country, and that the figures of 1901 show
in the case of the United States a material
increase over those of 1900, while those of
the United Kingdom and Germany show a
decrease. The average monthly exportation
of domestic merchandise from the United
States in the nine months ending with Sep-
tember, 1901, was $113,935,020, against
$112,529,440 in the corresponding months of
last year, an increase of about one and one-
half millions per month; while those of the
United Kingdom were in the same months
of 1901, $113,205,085, against $118,132,533
in the same months of 1900, showing a de-
crease of about five millions per month;
and those of Germany were $87,831,833 per
month for the six months ending- with I line,
1901, against $88,520,833 for the correspond-
ing months of the preceding year, showing
a decrease of a little less than one million
dollars per month.
whole period of existence of that firm. They
take high rank as expert salesmen and proud-
ly point to the list of pianos which they have
disposed of easily as evidence of salesman-
ship qualities.
Recently while discussing pianos they
said to The Review: "We believe in good
pianos. We believe in developing a stand-
ard and sticking to it. We have pushed the
A. B. Chase pianos to a famous position in
this city. Their prestige here is of the high-
est, and the most prominent teachers and
musicians are using them.
"The Kroeger piano, we affirm, is one of
the most satisfactory pianos in every way
which can be handled. There is something
about the Kroeger which attracts, and it is
very popular and our trade is rapidly grow-
ing in this well-known make."
f A ST. PAUL DEALER BANKRUPT.
;
[Special to The Review.]
St. Paul, Minn., Oct. 21, 1901.
James Smith, doing business as the Smith
Music House, in this city, has filed a peti-
tion in bankruptcy, placing his liabilities at
$11,515.58, and his assets at $1,595.50, of
which $378 is in stock in trade and $412 in
books, prints and pictures. Of his liabilities
$3,504 is in unsecured claims and $7,932 in
notes and bills "that ought to be paid by
other parties thereto."
GEO. B. GROSVENOR.
firm of Grosvenor, Lapham & Co. was first
launched upon its business career, and from
the start the business of this institution has
been successful. Three times these energetic
young men have found it necessary to enlarge
their wareroom space, and their present quar-
ters are highly admired for the beauty and
aesthetic taste displayed in their adornment.
Being practical men, they knew the value
of selling good instruments, hence they se-
EXPOSITION CLOSES NOV. 2.
The Board of Directors of the Pan-Ameri-
can Exposition on Tuesday last adopted a
resolution that Saturday, Nov. 2d, at mid-
night, be fixed as the time of the final clos-
ing of the Exposition.
IN THE HANDS OF THE SHERIFF.
The Sheriff has received three executions
against the Universal Talking Machine Co.,
of 517 East i32d street, in favor of the fol-
lowing creditors: Bridgeport Brass Co.,
$?3i ; Augustus Parker Smith, $2,335; an< ^
Kessler Bros., $112, and a keeper has been
placed in charge of the factory. A judgment
for $1,192 has also been obtained against the
company in favor of the U. T. Hungerford
Brass & Copper Co.
The Universal Talking Machine Co. was
incorporated on Feb. 10, 1898, with a capital
slock of $20,000, and formerly had a store
on Broadway and branches in Montreal and
Toronto.
MARTIN-VERNON CO. INCORPORATES.
[Special to The Review.]
ERWIN F. LAl'HAM.
cured the agency for the A. B. Chase and
Kroeger pianos. They have worked up a
splendid following for both of these pianos
in artistic circles. These gentlemen grad-
uated from the ranks of piano salesmen, and
previous to the formation of- their concern,
had been associated together for some fifteen
years with Lyon & Healy, and in the same
capacity with Lyon & Potter through the
Jefferson City, Mo., Oct. 22, 1901.
The Secretary of State has issued a cer-
tificate of incorporation to the Martin-Vcrnon
Music Co., of Kansas City, for the purpose
of conducting a general piano business. Cap-
ital stock, $10,000. The incorporators are:
James M. Martin, A. L. Vernon, F. J. Mar-
tin and S. C. Douglass.
The alterations to the warerooms of the
Henry F. Miller & Sons Piano Co., Boston,
t•> which reference has already been made in
The Review, are now under way. The con-
tract for decorating has been awarded to
Haberstof, who has had charge of the artis-
tic work in mostly all the principal buildings
in the City of Culture.