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THE
MUSIC
TRADE
REVIEW
51
DOING ONE THING A N D DOING THAT ONE THING WELL
PHELPS & LYDDON TO CONTINUE.
Is the Secret of the Success of the David H. Schmidt Co., Poughkeepsie, N. Y., as Manufac-
turers of Piano Hammers Exclusively—Those Back of the Enterprise.
Assets Found to Be $30,000 More Than Lia-
bilities—Hope for Quick Revival.
H. (J. Runne, of the Phelps & Lyddon Co.,
dling the sheet of felt. Mr. Schmidt has devoted
a great deal of study to tone and its possibilities Rochester, N, Y., for which receivers wore ap-
of improvement, and by paying attention to this pointed early in the month, was a visitor to New
York during the latter part of last week. Mr.
end he has helped a number of piano firms to re
vise their scales and other parts leaning directly Runne stated that after an appraisal of the assets
of the company by the court, it was found that
upon this problem.
Mr. Schmidt, in addition to his work along fore- they amounted to $30,000 in excess of the liabilities.
going lines, finds time to care for the general ex- Therefore, the receivers, Adolph M. Spiehler and
ecutive direction of the business, both as regards Charles Van Voorhis, were authorized to run tin'
•the placing "oi orders business in conjunction with him, and wore thor-
for piano'felts and the oughly satisfied that it would only he a short time
manufacturing ami sell- before their financial embarrassment would be
ing ends of the busi-. oyer, and their creditors fully reimbursed. Mr.
Runne stated: "The court made an appraisal of
ness.
the
accounts, bills receivable and the property
The vice-president of
the organization, C.W. owned by the company, and found that there was
Schmidt, is a brother $30,000 more assets than liabilities. Therefore, the
of the president. Mr. receivers have been instructed to continue the busi-
Schmidt has hac^, con- ness, and I am working in conjunction with them.
siderable training in We feel that matters will right themselves within a
very short time."
various branches of the
piano hammer manu-
THE WOOL MARKET IS FIRM.
facturing business and
( Special to The Review.)
exercises direct super-
vision aver the various "".BOSTON, MASS., January 18.—The American Wool
departments of pro- and Cotton Reporter says to-day:
"The wool market remains firm and active, with
duction.
a
very satisfactory turn, considering the limited
It is very essential
that a man of wide ex- quantity of wools now on hand. Sales for the
perience be at the head week have been 3,500,000 pounds. Prices have ad-
of a force of employes vanced on certain lines and fleeces have been more
of this kind, for in active than earlier in the season.
"The new South American wools are beginning
cutting felt, especially,
the slightest slip is lia- to arrive and transfers have already been made in
some cases. Prices in the primary markets are on
ble to entail a loss of
such a level that dealers are not operating exten-
many dollars. It is
sively. A portion of the trade which normally han-
' also essential that only
dles large quantities of these wools has not pur-
first class work be per-
chased any for the present season, deeming it un-
David H. Schmidt, C. W. Schmidt and Adolph Stern Selecting Felt.
mitted at all stages of
advisable to load up with high-priced wool under
to be one of the foremost authorities in the world, hammer manufacture, not only in the pressing
present conditions."
not only in regard to hammer manufacturing, but
department and boring and wiring, but also in the
also as an expert on felt, to both of which he has cutting up, and even to the point where the ham-
SHIPMENTS COMING"REGULARLY.
devoted his entire lifetime, lie ki.ows that certain
mers are ready for shipment.
C.
W. Bingel, the American representative for
fibres of one kind of wool make one particular
Adolph Stern, secretary of the company, has
quality of hammer felt, and in many instances he rather a unique position, for not only does he the Schwander action made by J. Herrburger in
can tell where the wool comes from bv merely han- begin before the others start, but he starts when Paris, France, states that shipments of actions are
the others leave off, explained by the fact that not now coming in regularly every two weeks, and as
only does he sell a great many Schmidt piano far as present conditions would indicate there will
hammers, calling on all of the Eastern trade, bur be no delay hereafter in delivering goods.
after the hammers are made and shipped Mr. Stern
Any member of the music trade can forward
then takes up the details in connection with his to this office a Want Advertisement and it will
CINCINNATI, O.
position as manager of the office.
be inserted free of charge.
Importers a n d Manufacturers of
The accompanying photograph was taken re-
Figured Mahogany, Circassian Wal- cently at the extensive plant of the Schmidt Co.,
OFFMAN BROS. CO.
nut and Foreign Woods for high- where the three officers of the company were pho-
FORT WAYNE, IND.
grade piano cases and cabinets. tographed in the act of selecting felts for the
(list. 18G7)
(inc. 1904)
various orders. Consultations are frequently held
Specialties, Hardwood, Veneers, and
New York Office and Sample Room
Lumber for Musical Instruments.
with reference to the felt question, as the proper
Grand Central Palace Building
REG.US
PAT
OFF
selection of felt helps in the final making of the
VENEERS
V
perfected piano hammer.
Lexington Ave. and 46th St.
Record of achievement is to-day taken as the
best indication of a firm's character in regard to
its specialized form of endeavor, and it is inter-
esting to be again reminded that the oldest house
making piano hammers exclusively is the David
II. Schmidt Co., Poughkeepsie, N. Y., of which
David H. Schmidt is president, C. W. Schmidt is
vice-president, and Adolph Stern, secretary.
David H. Schmidt, president, is acknowledged
The Ohio Veneer Co.
H
G. H. VAUGHAN, Eastern Representative
GRUBB & KOSEGARTEN BROS.
Manufacturers of HIGH GRADE
PIANO-FORTE
ACTIONS
N A S S A U . Rensselaer County. N . Y.
WHITE, SON
COMPANY
H anuf*otur*rs
ORGAN AND PLAYER-PIANO LEATHERS
530-540 Atlantic Avmut, Boston. Mass.
CANADIANS FAVOR ART FINISH.
At the recent annual meeting of the Canadian
Piano and Organ Association, held in Toronto, it
was strongly recommended that at the Canadian
National Exhibition of this year only instruments
in art finish be shown. Manufacturers planning ex-
hibits have been urged to follow the suggestion of
the association in preparing their instruments for
display.
Piano Manufacturers
w
toft yellow poplar for cross band-
Ing is unapproached in this country.
A large supply always on hand.
The Central Veneer Co., Huntington, W. Va.
SOSS INVISIBLE HINGES
"OUT OF SIGHT
EVER IN MIND"
When you fail
to see an un-
sightly hinge
protruding you
know SOSS is
the answer.
No. 101
Write to-day*
ATLANTIC AVE.
SOSS MFG. GO • 9 435 BROOKLYN,
N. Y.