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THE MUSIC TRADE REVIEW
DISCUSS THE AFFAIRS OF THE HOBBIE PIANO CO.
At a Meeting of Creditors Held in Roanoke, Liabilities Are Placed at $110,000 and Assets at
$26,000—F.
L.
Heazel
Elected
Trustee—Another
Meeting at
an
Early
Date.
(Special to The Review.)
panies were represented by lawyers from New
ROANOKE, VA., July 12.—A case in bankruptcy
York.
that has attracted more than usual interest was
Francis L. Heazel, of the firm of McHugh &
heard late last week in the office of Referee R. Q.
Heazel, was elected trustee on the nomination of
Mosby, in the First National Bank building, when
the attorneys for the two piano companies. He
the creditors of the Hobbie Piano Co., of this city,
was bonded by Referee Mosby in the sum of $10,-
met to elect a trustee and to examine into the
000.
affairs of the concern.
R. B. Jacobs was appointed to audit the books of
the company and was instructed to report to the
The proceedings attracted a score of Roanoke
referee as soon as possible. J. E. Black, W. I.
lawyers, who are representing various creditors of
Overstreet and H. B. Hash were appointed a com-
the firm and a number of people of the city who
mittee by the creditors to appraise the assets of
have had dealings with the Hobbie Co.
The total liabilities of the company are given- at the Hobbie Co.
$110,000, while the assets amount to $26,000, con-
J. D. Hobbie, president of the Hobbie Co., was
sisting largely of paper, which was held by the
present and was put through a detailed examina-
tion as to the financial status of the firm. His
company at the time its affairs were wound up.
legal representatives were Jackson & Henson, and
Beyond the paper assets it is said that not more
R. H. Willis.
than $5,000 is available for the creditors.
The largest creditors of the company are the
The creditors will hold another meeting when
the reports of the appraisement committee and the
American Piano Co., of New York, and the Pack-
ard Co., of Fort Wayne, Ind. These two com- auditor are ready.
PITTSBURGH TRADE AT SUMMER LEVEL OF ACTIVITY.
Schroeder Piano Co. Establishes Branch at Greensburg, Pa.—Vacations Order of Day—Boggs
&
Buhl Piano
Department
Attend Annual Outing—Frederick's Electric Business Grows.
(Special to The Review.)
pated with much enthusiasm in the annual out-
PITTSBURGH, PA., July 14.—With the arrival of
ing of the store, held at West View Park last
the first real warm weather, the business of the
Saturday. Manager Thomas J. Dunnigan and the
local piano houses has settled down to the sum- entire personnel of the department attended. The
mer level of activity, although a majority of the
1,200 or more employes were conveyed to the
dealers believe that this summer will be no duller
park in the store's big autos and in street cars,
at least than former years. While trade up to
the trip being one of the pleasant features of the
the present time has been good considering, of
day. A thrilling baseball game, a fine program
course, the general business conditions, there is
of athletic sports, boating and dancing were fol-
a growing tendency toward conservatism in pre-
lowed by a picnic dinner in the grove. Every-
paring for the near future and a feeling that no
thing combined in making the outing a complete
definite improvement can be expected until the
success and afforded the members of the piano
fall. At present interest is centering in vacations
department a day of relaxation and amusement
and outings or in preparing for them, and most
that enabled them to take up their duties with
of the piano men expect to find time to indulge
greater zest this week.
in such recreation this summer.
Salesmanager W. M. Kelley, of the W. F.
The Schroeder Piano Co. has established an at-
Frederick Piano Co., reports business running
tractive branch store at Greensburg, Pa., where
along at a fine level with the recently enlarged
the Kurtzmann, Autopiano and other well-known
sales force at work and the wider range of opera-
lines of the company will be featured. Arthur
tion in the Pittsburgh territory. Mr. Kelley is
C. Waterman was placed in charge. The formal
decidedly optimistic, not regarding the future en-
opening, held on Friday, July 9, was most aus-
tirely, but the present in particular, believing
picious and the firm expects some good results
prosperity is already with us.
from its new undertaking.
The electric piano department of the W. F.
George Remensneider, of the Schneider Piano
Frederick Piano Co., managed by Mr. Von Stein-
Co., left this week to spend his vacation with his
ert, reports continued and ever increasing activity
family at River Side Hotel, Cambridge Springs,
in that line. J. J. Blackman, of the automatic in-
Pa. A. McCalmont, salesman of the Schroeder
strument sales force, returned recently from a suc-
Piano Co., will leave next week for Muskola
cessful trip through the Northwestern part of the
Lake, Can., where he will remain several weeks.
State and neighboring territory and reports con-
Miss Greer, cashier, will leave in a few days for
ditions improved. In commenting on Mr. Black-
a vacation trip in New York State.
man's return the Pittsburgh Moving Picture
Bulletin, the official publication of the moving
The S. Hamilton Piano Co. this week inaugu-
picture men, said: "Theaters are paying more at-
rated its annual mid-summer clearance sale of
tention to the very important music question.
pianos and player-pianos. Salesmanager George
They seem to realize that since they can't greatly
W. Watkins states that the indications are for a
improve their film service any more they will have
very successful two weeks' sale.
to improve their music. As a result they pay at-
The Boggs & Buhl piano department partici-
tention when Blackman talks 'Wurlitzer,' and he
gets the orders."
THE LEADING LINE
WEAVER PIANOS
Grands, Uprights
and Players
YORK PIANOS
Uprights and Players
LIVINGSTON PIANOS
Carl H. Walrath, floor manager of the Kauf-
mann Bros, piano department, and Mrs. Walrath,
who has charge of the office of the department,
returned last week from a short vacation spent
at Cleveland, O., and other points on Lake Erie.
C. J. Cunningham, of the Foster-Armstrong
Co., Rochester, N. Y., visited in Pittsburgh during
the early part of the week.
Other recent callers on the local trade were
E. W. Furbush, vice-president of Steger & Sons,
Chicago, 111., and A. C. Edwards, representing the
Melville Clark Piano Co.
QUARTER OF A CENTURY'S CHANGES.
L. W. P. Norris, Vice-President and One of the
Incorporators
Piano
of
the
Co., Speaks
of
Lindeman
&
Conditions
Twenty-
Sons
five Years Ago—Expects Greater Changes.
Although established in 1836, Lindeman & Sons
Piano Co., New York, was not incorporated until
1890 — twenty-five
years ago. L. W.
P. Norris, vice-
president, is t h e
only •o.ne of the
original incorpora-
tors who is now
associated with the
corporation, a n d
he celebrates this
month, as it were,
•his silver anniver-
sary of Lindeman
achievement.
I n commenting
u p o n conditions
L. W. P. Norris.
as they
were
twenty-five years ago, Mr. Norris remarked: "At
the time I started upright pianos were the 'real
meat' of the trade. Of course, some grand pianos
were built, but these were more for people with
jiplpnty of money. I watched the creation and burial
of the outside, built player, and as conditions im-
proved the sixty-five-note player came into vogue,
which later gave way to the eighty-eight-note in-
strument. Then the electric player, built so it can
be played manually, pneumatically or electrically,
was introduced, and this is considered to-day to be
the latest word in artistic player endeavor. During
this time also music rolls grew from the crude
piece of paper with holes to the modern-made mu-
sic record with the actual cutting of the compo-
sition as played by the musician. Efficiency in man-
ufacturing as well as in marketing has been adopted
by the progressive houses, while there has been a
tremendous change in the general management not
only of piano manufacturing but in the retail sell-
ing of pianos. Advertising has developed from the
hit-or-miss plan of then to scientific analyzation of
a product and its promotion.
"I look forward to an even greater change in
many phases of the piano business, particularly in
relation to credits and plans of merchandising,
which will tend to greatly increase the total volume
of piano trade."
PERMANENT RECEIVER APPOINTED.
(Special to The Review.)
PROVIDENCE, R. I., July 12.—Henry Fletcher, ex-
mayor of Providence, and Arthur L. Lougee have
been appointed permanent receivers of the An-
thony & Cowell Co., of this city, which was placed
in temporary receivers' hands a few weeks ago.
The receivers have not yet announced their plans,
but it is believed that the assets will amply take
care of all creditors' claims. The Anthony &
Cowell Co. has maintained a piano department for
several years.
RUDOLF
PIANOS
are conscientiously made,
good instruments; in other
words, the sweetest things out.
Uprights and Player Pianos
If your competitor doe* not already have this
line, go after it at once.
Weaver Organ & Piano Go.
MANUFACTURERS
YORK, PA.
INCORPORATED.
The Bowers-Post Piano Co., Anderson, Ind., has
been incorporated for the purpose of dealing in
pianos with a capital stock of $5,000. It will be
located in a prominent section of the city. The
incorporators are Walter, C. L. and B. E. Bowers.
RUDOLF PIANO CO.
72 But 117tb St.
NEW YOBK