Music Trade Review

Issue: 1902 Vol. 34 N. 24

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
RMFW
flUJIC TIRADE
V O L . X X X I V . N o . 2 4 . Pnblisbed Every Saturday by Edward Lyman Bill at 3 East Fourteenth Street, New York, June 14,19Q2.
EDNA PIANO & ORGAN CO. AFFAIRS.
Move Suggested to Organize New Company—Cred
itors Asked to take Action Now if at all.
The following communication has been
sent out by II. P. Stentz, president of the
Hrst National Bank, Monroeville, (.)., anent
the financial embarrassments of the Edna
Cientlemen:—The affairs of the Edna
Piano & Organ Co., of Monroeville, (.)., have
got into such shape that said company is
largely insolvent and it is necessary, in the
opinion of its principal creditors and its of-
ficials, that its affairs be wound up and that
some reasonable provision be made for set-
tling its debts. A levy has been made upon
its personal and chattel property and its busi-
ness has been closed up by the Sheriff, and
its real estate is encumbered by liens for
more than its value.
The total amount of debts will aggregate
i:ot far from $40,000, and under legal pro-
cess for bankruptcy proceedings it is hardly
possible that any sum whatever could be real -
ized for general creditors, and but little foi
those who hold preferred claims.
A proposition is in contemplation to organ-
12e a new company with new parties, and to
secure enough ready money to pay upon the
debts of the old concern an amount consid-
erably 'Ji excess of what would be realized
by a bankruptcy proceeding or other pro-
ceeding to wind up the old company's af-
fairs by law.
As the largest creditor of the old company,
it is my wish that this matter be immediattVy
taken up by all of the creditors in a joint
meeting, to decide whether it is better to fa-
cilitate the formation of a new company
and thereby arrange for a reasonable com-
promise of the claims against the old com-
pany, or to throw the old company into bank-
ruptcy and take what can be obtained as a
result of such a proceeding.
I have assumed the authority, in the in-
terest of myself and all creditors, to call
a meeting of all the creditors of this old
company at Monroeville, O., at the offices
of the First National Bank for Friday, June
13th, 1902, at ten o'clock A.M.
A complete and correct showing of the
affairs of the company must be made and
will be available to creditors, so that they
may act intelligently in the premises.
Whatever is done in this matter must be
done within a very few days or the com-
pany will go into liquidation under legal
process, and I do not believe that any sub-
stantial amount can be realized for general
creditors in such event.
In case any statement is reached at the
meeting of creditors herein contemplated, the
smaller creditors may rely upon the fact
that all unsecured claims will be treated
with absolute equality.
The Pittsburg piano dealers are favorably
inclined toward forming a local organiza-
tion, and it is very probable that the piano
men will come together at a very early date.
$ a o P B R YEAR
°
-
SINGLE COPIES 10 CENTS
ARRESTED ON A CHARGE OF STEALING.
ENLARGING ORGAN PLANT.
[Special to The Review.]
F. E. Raynor, of Port Jefferson, N. Y., has
commenced the erection of an addition to-
his organ factory. The building will be
three stories high and cover the whole rear
end of his lot. Me has contracts signed for
two organs, and at least four other organs
in veivv, with an excellent prospect of secur-
ing all of them.
Hamilton, Ont, June 9, 1902.
Frederick Simons, 19O Hannah street,
West, a young' man employed by the Heintz-
man Piano Co., has been arrested on a charge
(ii stealing $480 from his employers. Simons
held a position of trust, and handled large
sums of money. On Saturday he was sent
to the bank to deposit $480, but yesterday
it was discovered that he had not placed it
to the company's credit in the bank. Ik'
was given a chance to settle, but failed to
do so, and his arrest followed. While only
charged with stealing $480, it is said that
the amount of his shortages is much larger.
THE APOLLO WON THE GOLD MEDAL.
The Melville Clark Piano Co., of Chicago,
manufacturers of the Apollo piano player,
have captured the Gold Medal of the Charles-
ton, S. C. Exposition for that popular self
player. The award was made by the expo-
sition authorities after a thorough .examin-
ation and test of the piano players on exhi-
bition.
It is a double triumph for the Apollo, it
won the only Gold Medal above all compet-
itors and the award is a tribute to the supe-
rior features of the Apollo piano player, upon
which the manufacturers lay so much stress.
The Apollo offers many valuable talking-
points and it is a source of great gratification
to the manufacturers that they are so thor-
oughly appreciated by the general public.
The Apollo won a similar recognition at
the Pan-American Exposition at Buffalo,
where a gold medal was awarded to the in-
strument.
PRESENTATION TO A. H. MASON.
On Saturday evening the Winnipeg, Man.,
staff of the Mason & Risch Piano Co. gave
a dinner at the Queen's Hotel in honor of
A. H. Mason, who is retiring from the man-
agement of the branch here, and returning
East. During the evening Colonel Lindsay
on behalf of the staff presented Mr. Mason
with a handsome ring as a remembrance of
the cordial relationship which has always ex-
isted between the manager and staff. Mr.
Mason leaves on Monday for Toronto, re-
turning in two weeks' time for his family.
PHILADELPHIA SALESMEN TO DINE.
The Piano Salesmen's Association of Phil-
adelphia, at the meeting to be held next
Monday evening, will have a jolly time.
They intend to have a banquet and entertain-
ment to which members will have the priv-
iiege of inviting one of their friends.
STEINKE BUYS OUT GRAU.
E. G. Steinke, who for the past four years
has been associated with Otto Grau as partner
in the Grau Piano Co., Cincinnati, O., has
just closed arrangements whereby he becomes
the owner of this business. This happening
does not occasion surprise as The Review had
already chronicled the probable retirement
of Mr. Grau, owing to the illness of his
wife. It is Mr. Gran's intention to leave at
once for Denver, Col., where he may con-
rect himself with a local piano house.
Mr. Steinke, who is now sole owner of
the Grau Piano Co., has made steady prog-
ress since taking up the piano business. He
is a business man of experience, having been
formerly cashier of the Atlas National Bank
iii Cincinnati. He is the son-in-law of Henry
Sanders, one of the wealthiest merchants in
Cincinnati, but his success may be ascribed
to his own efforts absolutely.
BABCOCK TO BE APPOINTED.
It is understood that W. H. Babcock, a
dealer of Oshkosh, Wis., is to be named
assistant superintendent of the State reform-
atory at Green Bay to succeed W. H. Thom-
as, recently resigned. Mr. Babcock is a mem-
ber of the G. A. R. and is an applicant for the
position. The State Board of Control will
make a selection at its meeting the third week
in June.
.
>,'
THAT SOFT COAL QUESTION.
Jacob Doll was one of the many who was
hauled up this week on a charge of using
soft coal. He denied the impeachment and
stated that only hard coal was used in his
factory. "Occasionally," he said, "the fire-
men threw a mass of shavings into the fur-
nace and this caused the smoke." Mean-
while Mr. Doll said he proposed to put in
a smoke consumer immediately, and the
Magistrate declared that if he got it in be-
fore the case reached special sessions the
Justices would doubtless dismiss the com-
plaint.
A. L. Bailey, of St. Johnsbury, has leased
a store in Morrisville, Vt., and is putting in a
slock of pianos and organs.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
7VSVSIC TRKDE
EDWARD LYMAN BILL,
KVITOR AND PROPRIETOR.
J. B. SPILLANEt, MANAaiNa EDITOR.
Executlre Staff:
THOS. CAMPBELL-COPELAND
EMILIE FRANCIS BAUER
WALDO E. liADD
GEO. W. QUERIPEL
A. J. NICKLIN
mi snnraiy at 3 m m sirtet, MI
SUBSCRIPTION (Including postage), United States,
Mexico ard Canada, 82.00 per year; all other countries,
»4.00.
ADVERTISE/lENTS, $2.00 per inch, single column, per
Insertion. On quarterly or yearly contracts a special dis-
count is allowed. Advertising Pages f 50.00 ; opposite
reading matter, $75.00.
REniTTANCES, in other than currency form, should be
made payable t o Edward Lyman Bill.
Entered at the Sew York Post Office as Second Class Matter.
NEW YORK, JUiNE 14, J?02.
TBLBPHONB NUMBER. 1745-EiqHTEENTH STREET.
THE
On the first Saturday of each month
ARTISTS 1
The Review contains in its "Artists' De-
partment" all the current musical news.
DEPARTMENT This is effected without in any way tres-
paBsing on the size or service of the trade
section of the paper. It has a special circulation, and
therefore augments materially the value of The Review
to advertisers.
DIRECTORY cF
The tlin-ftwry of piano mniiufuc
PIANO
turlng firms and corporations found
MANUFACTURERS on page 24 will be of great value as
a reference or dealers and others.
EDITORIAL
TOPICS OF THE HOUR.
\\J
H E N members of the Piano Workers'
Union go so far as threatening a
boycott against houses which handle certain
brands of pianos not made by union men,
they are advancing pretty rapidly along the
road which leads to an interference with one's
business which is not likely to be long tol-
erated in this country.
Strong efforts have been made to organize
the entire working forces of this industry,
and even in towns where but one factory is
located, the union leader has appeared, and
used all the arguments at his command to
irduce men to form in line.
The idea of an arbitration committee in
factories where there are a number of men
employed seems reasonable, but when things
have reached at a point where an employer
can neither discharge nor take on new men
without the endorsement of the association,
then he no longer maintains independence
or is free to act in the conduct of his busi-
ness.
There must be some better adjustment of
the relations existing between an employer
and employee than is apparent in the pres-
ent relations between capital and organized
labor. Is not the threatened boycotting of
all persons, or establishments that in any
way supply the needs of the public, simply
because they continue to purchase pianos
from a source which best suits them, rank
coercion ?
. If not, what then, pray, constitutes coer-
cion ?
"T" H E bright atmosphere of New York has
been somewhat darkened recently by
reason of the use of soft coal, and if the strike
continues, ere long we shall rival Chicago
and Cincinnati for murkiness of atmosphere.
Then, too, all the industries of New York
will have to use soft coal or stop. It is a
serious matter, and shows the dangers to
which this country is exposed through the
attitude of organized labor. In the midst
of a period of prosperity, there is but one
cloud on the business horizon, and its pres-
ence is due solely to the attitude which a
small proportion of our citizens have been
permitted to assume.
preparation of advertising literature in this
industry than ever before, but we think that
there are many ways in which certain me-
diums could be productive of greater value
than at present. Too little attention has been
paid to the perfect finishing of illustrations
showing recent styles of pianos. Now, it
were better far to pay a few dollars addi-
tional to gain an excellent artistic engrav-
ing than to secure at minimum price the
lesser value and the indistinct effects which
may be found in some of the catalogues is-
sued even in 1902.
There can be no wiser expenditure than io
secure the best that the modern methods of
illustration can produce. A splendid en-
graving always attracts and interests even
more than chatty descriptive matter, but
most of all. the matter of perfect engrav-
ings should be well emphasized by men who
are preparing literature for the fall cam-
paign.
It is not right that this glorious prosper-
ity should be jeopardized by the small minor-
ity who are upheld by a certain class of
cheap politicians, who are always catering
to selfish ends.
There should be no laxity of law in deal-
ing with men who interfere with the rights
of others, and it is high time that prompt I 1 ALE holidays on Saturdays during June.
action be taken, and that independence is
Julv and August, though originally
shown on the part of the people, else this confined to stores of the first class, are now
country will sink to the level to which trade the rule of almost all leading establishments
unionism has brought the great producing in the various centers of the country. Early
power of Great Britain. It is not the Boer closing innovators, however, are again on
War, as has been stated, which has reduced the move. Not content with Saturday hol-
England's commercial supremacy, but the idays and Christmas closings, they have
throttling clutch of the trade unions.
made another effort to close at five o'clock
A gentleman prominently identified with
the music trades recently took occasion to
go through some of the English factories,
and he was amazed at the antiquated ma-
chinery which he saw in many places. He
was informed by the proprietors that the
unions would not permit the introduction of
certain labor-saving machines, and that a
general strike would be expected if he pro-
ceeded in utilizing the latest mechanical de-
vices in his plant.
Now, when a portion of the community,
whether in the guise of trade unions or not,
through agreement which they may assume,
seek to throttle progress, it must mean a de-
pression of the commercial interests of that
country and consequent suffering among the
workingmen themselves. It is to be regretted
that these men are too often led by selfish
and irresponsible leaders, who lead the men
with false arguments to a point where ruiii
confronts not only themselves, but their ac-
tum indirectly affects the prosperity of the
entire country.
during June, July and August. John Wan-
amaker and Altman are pioneers in this di-
rection in the local field, although some of
the leading firms in Boston, Philadelphia
and Chicago claim precedence in that inno-
vation over their metropolitan brethren.
New York piano stores were the first
among the mercantile institutions of our city
to give the boys the half Saturday holiday.
A LREADY our organ manufacturers arc
feeling the beneficial results of the end
of the South African war. The close of that
war with its terrible drain upon the finan-
cial, moral and physical resources of Eng-
land, is calculated to exercise a strong stim-
ulating effect upon the music trade of that
country as well. This new activity will be
justified by the increased output of gold
which will result in the working of the mines
"upon a scale that has not obtained since the
breaking out of the war, which must mean
large business in the land where Boer and
Briton were locked in a death struggle.
T T is easy to obtain credit nowadays; so
easy, in fact, that it seems suspicious
I T is a pretty good time during the next
not
to
have bills. A credit account is a temp-
two or three months to prepare a lot of
educational matter, either in the form of tation to expenditure that perhaps would not
catalogues, small brochures, or bulletins for otherwise be indulged in and encourages
some people to all sorts of extravagance.
the fall trade.
In times of peace prepare for war, and Notabilities of all sorts, from great actors
when business is a trifle slow, it at once be- to successful prize fighters, have real diffi-
comes an excellent time to prepare advertis- culty in evading the credit that is thrust upon
them. Leading tailors, furniture dealers and,
ing matter for the fall.
jewelers,
send them polite notes saying that
More attention to-day is being given to the

Download Page 5: PDF File | Image

Download Page 6 PDF File | Image

Future scanning projects are planned by the International Arcade Museum Library (IAML).

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.