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THE NEW YORK
PUBLIC LIBRARY
A8TOR, LENOX
THE
REVIEW
T I L D E N FOUNDATION*.
flUJIC TKADE
VOL. XXXVII. No. 17.
FOR INTERNATIONAL TRADE.
Sat. liy Edwarft Lyman Bill at 1 Malison Are, New Tort Oct. 24,1903.
William B. Hollins, of the banking firm of
H. B. Hollins & Co., brother of Harry B.
A Strong Organization Being Formed in This City,
Hollins, is, to a large extent, the father of
Which Will Aid Exporters in Watching Trade
this Foreign Board of Trade idea. On the
Opportunities and Movements—A Chance for
Organization Committee with him are John
Manufacturers of Pianos and "Small Goods"
to Lend a Hand.
W. Hamilton, of Milliken Bro.; W. E. Simp-
Henry F. Miller and a number of other son, editor of the Banker and Miner of Mexi-
progressive members of the music trade in- co ; Warren C. King, of the General Chemical
dustry who are interested in the upbuilding Co., and Oliver P. Malone, of the Russell &
of our foreign trade will be pleased to learn Erwin Manufacturing Co. The Hollinses
that an International Board of Trade is now have reached out extensively for banking
in active process of formation in New York. trade, especially in Mexico, Central and
The main object is to crystallize the movement South America and Africa for several years;
for extending American export trade by the Millikens are said to have handled 80 per
bringing the active men in it into association cent, alone of American construction work in
and co-operation, practically supplementing foreign countries, and the General Chemical
the present efforts of the Government in the Co. and the Russell & Erwin Co. have made
strong features of export. Thus at the start-
new Department of Commerce.
ing point there are practical men of affairs of
It is proposed that the organization shall
this commercial interest behind the move-
have a structure of its own, where it can
ment.
build up a library and information bureau
The trade interests supporting the organi-
and have meeting and council rooms, serving
thus as a fountain head for the distribution of zation include almost every industry, except
knowledge regarding the little understood re- musical instruments. The varnish industry
quirements of trade in other countries. Once is represented by Major Garner, of the Mur-
established, the organization expects to have phy Varnish Co. In each line of manufac-
represented in its membership practically ture the men interested are among the big
every manufacturing firm and company of men of the trade, and they promise to bring
in other concerns who hitherto have only
importance in the country.
For now it is beginning to be realized that taken part in the domestic market. We will
the export trade of America is to be one of have more to say later of this proposed Board
great possibilities. The men who have this of Trade. Meanwhile we should like to see a
Foreign Board of Trade movement in line number of our large piano manufacturers aid-
understand perfectly that hundreds of possi- ing and abetting this movement.
SOME WASHINGTON NEWS.
ble shippers to other countries have held back
for the reason that they found they could
[Special to The Review.]
market their products more easily here, and
Washington, D. C , Oct. 20, 1903.
because they could not readily inform them-
Articles incorporating the following con-
selves upon the demands of the countries cern have been filed with the authorities
abroad, fearing also the risks of far-away ter- here—the White Marriott & Co., Limited,
ritory. Under this new board there will be organized to deal in musical instruments
clearer sailing, for no small part of the scheme and furniture, capital, $75,000; incorpora-
is to be the issuing of frequent reports on the tors, George K. White, of Browns, 111.;
conditions of foreign trade, expositions of
Ernest L. Marriott, of Browns, 111.; R. S.
commercial laws and regulations, credit fea- Donaldson, J. F. Shepperson, E. W. Mc-
tures, specific information as to shipping, and Cormick, and S. A. Terry.
* * *
trade needs and possibilities in all parts of the
On
account
of
the
great increase in busi-
world.
ness
O.
J.
De
Moll
&
Co., of 1231 G street,
Over one hundred men who stand for
this
city,
have
found
it
necessary to annex
something like $200,000,000 of capital are be-
the
next
building,
1221
G street, and on
hind this movement. They are almost with-
Monday
they
took
possession
of the entire
out exception the "export men" of the big
second
and
third
floors.
This
enlargement
manufacturing concerns of the country, the
with
their
own
large
floor
space
now gives
practical factors, in what American export
them
one
of
the
largest
display
rooms for
development there is at present. The organi-
organs
and
pianos
in
the
city.
zation has established headquarters and has
Smythe & Benzinger, of Binghamton, N.
its Organization Committee in operation in
the Morris building, at the corner of Broad Y., have secured the agency for the Everett
and Beaver streets.
pianos.
SINGLE COPIES, 10 CENTS.
$2.00 PER YEAR.
LINDSAY HAS UNIQUE RECORD.
[Special to The Review.]
Montreal, Can., Oct. 19, 1903.
Two interesting facts were brought out
at the annual meeting of the shareholders
of C. W. Lindsay, Limited, on Tuesday
last. The first is that, in spite of the im-
mense volume of the company's business,
which uses a fully paid-up capital of $400,-
000, the company have not a cent of liability
to anyone. The second remarkable fact
is that the business has never discounted
a note since the day of its inception,
twenty-seven years ago. The directors re-
ported a very successful year's business.
The paid-up capital of the company is
$400,000. The retiring directors, C. W.
Lindsay, A. O. Lindsay, and H. H. God-
frey, were unanimously elected and at a
subsequent meeting of the directors, C. W.
Lindsay was re-elected president.
SOUSA AND THE ANGELUS.
During the recent visit to Pittsburg of
John Philip Sousa, whose band played a
week's engagement at the Pittsburg Exposi-
tion, he ordered an Angelus piano player,
made by the Wilcox & White Co., Meriden,
Conn., sent to his room in his hotel from the
local dealer, Sam Hamilton. During his stay
in Pittsburg Mr. Sousa gave many im-
promptu recitals on the Angelus, on which he
is an expert, delighting and entertaining his
many friends, who are legion, in that city.
THE STERLING FALL DISPLAY.
In a recent issue the Brooklyn Standard
Union had some very flattering words to
say regarding the magnificent display of
pianos which is now being made at the
warerooms of the Sterling Piano Co.,
Brooklyn.
The beautiful cases, the su-
perior tone quality and all round excel-
lence of the instruments are descanted
upon while the environment is such as to
set off these instruments to decided ad-
vantage. Indeed, the artistic arrangement
of the pianos on the five floors, testifies to
the very good taste displayed by Manager
Denslow.
THE BEHR IN DENVER.
Herman Schlingman, of Denver, Col.,
has secured the agency for the Behr piano,
and the Behr piano player for Denver and
locality. This deal was consummated
during the recent visit to that city of W. D.
Shafer. Denver cannot fail to prove a
splendid trade point for the Behr.