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THE
fflJilC TRADE
V O L . X X X V I I I . No. 26. Published Every Sal. by Edward Lyman Bill at 1 Madison Aye., New Tort,
win D. Flannery, of A. Steinhardt & Bro.; Secre-
KRELL-FRENCH ARTj[STYLE. *
An Instrument of Great Attractiveness Which
Is.Destined to Win Many Admirers.
The Krell-French Piano Co., of New Castle,
Ind., are sending out a handsome folder con-
taining an illustration and description of a new
art style which they have just placed on the
market. The design is strikingly unique, the
general appearance expressing elegance and re-
finement. The trusses and pilasters are alle-
gorical hand carvings of solid mahogany or wal-
nut to match the wood of the case, and finished
without gloss in order to make an artistic con-
trast with the polish of the instrument. The
fall-board is of special design, folding further
back than the ordinary roll style used, allowing
extra room for wrist movements. The lid is on
the grand style, opening all across the top. The
front panels are severely plain. The interior
mechanism is of the best quality throughout.
This artistic instrument was designed accord-
ing to the special desires of the second vice-
president of the company, and was not intended
for the regular Krell-French catalogue on ac-
count of its expensiveness. The board of direc-
tors, however, were so heartily pleased with its
beauty of appearance, tone and individuality,
that they decided to turn out a \lmlted quantity
and at the same time manufacture enough of
them to place the cost at a reasonable figure.
In this connection the Krell-French Piano Co.
state that they are prepared to manufacture
pianos in art designs to match the furniture and
interiors after architects' drawings.
IMPORTERS FORM NATIONAL UNION.
One Hundred and Ninety-Five Firms Have
Signed Roll—Officers and Directors Chosen—
Declaration of Principles Adopted.
tary, Warner Sherwood. The directors are:
Henry Witte, Max Drey, E. Koenig, Fedor
Schmidt, Bernhard Ulmann, Frank M. Prindle,
and H. K. Tetsuka.
The directors were instructed to draw up a
constitution and by-laws. A letter was received
from Clarence Whitman, president of the Mer-
chants' Association, suggesting that as that asso-
ciation is establishing a committee to deal with
customs matters, it might perhaps be possible
to effect some plan by which the two associations
might co-operate.
ACKERMAN TO EUROPE.
W.ill Combine Business with Pleasure While
Abroad—Has Built Up Quite a Business.
Among men prominent in the piano player
field who will visit Europe this summer Is
Edwin D. Ackerman, vice-president and general
manager of the Pianotist Co., who will enjoy a
well-earned vacation in the Old Country, at the
same time transacting some important business
in connection with Pianotist interests. Mr.
Ackerman intends to visit several European
capitals, leaving here on July 2.
Mr. Aekerman's reputation as an enterprising,
successful man of business has grown wonder-
fully during the past few years. As a member of
well-known fraternal organizations he is deserv-
edly popular. In the short space of seven years
he has devised, constructed, placed on the mar-
ket and made a demand for the "Pianotist," the
"Pianartist," the "Nicklin," which has won celeb-
rity as a coin-operated musical instrument, and
other clever and successful devices. He has also
devised and perfected machinery for paper-cut-
ting. Mr. Ackerman is evidently "a man with a
future."
FOSTER-ARMSTRONG ASSOCIATION.
The National Importers' Association com-
pleted its organization at the Broadway Central
Hotel Monday by the adoption of a declaration
of principles and the election of a full board of
directors and officers. It was announced that 190
firms had signed the membership roll, and that
several hundred more had signified their inten-
tion of coming in as soon as the organization
was formally launched. The objects of the asso-
ciation as outlined in its declaration are:
1. To promote, foster, and aid in protecting the
lawful rights and commercial interests of its
members.
2. To secure a prompt and unbiased adminis-
tration of the customs laws.
3. To prevent undervaluations; to endeavor to
ascertain and establish correct market values;
to secure the proper classification or rates of
duty on imported merchandise.
4. To aid in securing equitable tariff legisla-
tion consonant with a proper consideration of
the interests of the importers of the country.
The following officers were elected: President,
Will^im Meye,r, of ,William Meyer & Co.; First
Vice-President, Ledpold Stern, of Stern Bros. &<
Co.; Second Vice-President, Marcel Kahle, presi-
dent of George Borgfeldt & Co.; Treasurer, Ed-
The Foster-Armstrong Mutual Benefit Associa-
tion held their first annual meeting in Kauf-
man's Hall, Rochester, N. Y., on Saturday, when
officers were elected and the constitution
amended. This association is composed of the
employes of the big Rochester piano factory,
and is designed to assist the sick and disabled
members and to provide for the families of the
deceased members. Although in existence but
little more than a year, it is in a very prosperous
condition. The directors elected to hold office
for the ensuing year are as follows: Ex-officio
directors, Geo. G. Foster, W. B. Armstrong, Silas
Maxon, Robert H. Waud, Alfred Haines, J.
Harry Shale, John D. Bootes, W. G. Winter-
botham, W. F. Goetzman, F. C. Sours and F. W.
B. Ives; directors, T. A. Bridson, J. Dryer, G.
Waddell, C. Kane, W. Powers, C. Duckworth,
W. E. Barrett, R. Kaufman, F. Werner, C. Ewart,
M. Goddard and F. Winterbotham.
Phillips & Crew, of Atlanta, Ga., are carrying
some very attractive advertisements in which
they announce that "Mme. Schumann Heink will
use the Steinway piano exclusively for concert
and home use."
Jane 25,1914.
SINGLE COPIES. 10 CENTS.
$2.00 PER YEAR.
INSURANCE AND CREDIT.
An Important Item Which Came Up for Con-
sideration Before the Credit Men's Con-
vention.
Stress has been laid time and time again upon
the importance of insurance in relation to credit.
It is, of course, a matter of concern to the mer-
chant in New York or Boston or Chicago that
his customers in a town at a distance of a thou-
sand miles or more should have their stock pro-
tected by fire insurance. As Bradstreet's perti-
nently says: "The credit of the latter might
have a, very slender basis indeed if the protec-
tion of insurance were lacking."
We notice that the Credit Men's Association,
which was in session at New York last week,
has given some attention to this matter, and has
adopted resolutions providing for a method of
endeavoring to convince uninsured retail deal-
ers, by correspondence or otherwise, of the ad-
vantages of fire insurance, and for the appoint-
ment of a special committee to consider means
whereby merchants may be educated and influ-
enced to carry adequate fire insurance.
The convention was not clearly definite about
the means best calculated to bring about the
result desired. An influence in that direction
has long been silently exercised and is being
exerted to-day, for the fact of the existence or
lack of fire insurance is invariably taken into
account by those who supply the information
upon which the allowance of credit by mer-
chants is based.
AN OLD BOARDMAN & GRAY PIANO.
Boardman & Gray, the celebrated manufac-
turers of Albany, N. Y., have received a com-
munication from Elwood S. Ladd, which speaks
eloquently of the durability and all-round ex-
cellence of the Boardman & Gray piano. The
letter is worth quoting:
"Dear Sirs:—Please send me your catalogue of
pianos and prices of uprights. The reason I
write you is because I have a piano of your
make that is something over fifty years old. It
is in use daily and is in comparatively good con-
dition.
"I mean to buy one of your uprights soon as
the piano I have of your make has proved itself
to be highly satisfactory."
SAMUEL KERR MISSING.
A despatch from Greenwich, Conn., dated
Monday, says that "Samuel Kerr, superintendent
on the estate of William F. Decker, the former
New York piano manufacturer, has been missing
since last Wednesday, and officers are now
searching for him. No reason can be assigned
for his absence."
CARNEGIE DONATES $1,000.
Andrew Carnegie has agreed to furnish one
thousand of two thousand dollars to buy a
church organ for the First M. E. Church of
Huntington, W. Va. The offer has been accepted
and the congregation is now hard at work se-
curing the balance of the money.