Music Trade Review

Issue: 1915 Vol. 61 N. 4

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
think that it is necessary to worry about that.
There are not in existence the "several hundred
tuners" required who have made a hobby of scales
and string lengths. As for the American Steel &
Wire Co., their acoustic engineer, Frank E. Mor-
ton, has worked out a scale of ideal lengths at
even tensions. Write to American Steel & Wire
Co., Continental & Commercial National Bank
building, Chicago, for a copy of "American Piano
Wire and Pipe Organ News."
For that matter, I have done the same thing in
these columns long ago, and more than once at
that. So why worry about the several hundred
tuners ?
Communications for this department should be
addressed to William Braid White, care of The
Music Trade Review, New York.
HEAVY RAINS _DAMAOE PIANOS.
(Special to The Review.)
TOPEKA, KAN., July 19.—The piano owners in
this city are complaining through the press of the
damage done by rains here. Here is one of the
statements recently published : "Swollen piano keys
and discordant sounding wires as a result of the
seven weeks of damp and rainy weather are
troubling piano owners of Topeka. Repairing the
'damage from dampness' seems to do little good,
according to those who have pianos. One part has
no more than been repaired than the trouble crops
out on new keys and wires."
TRADE ACCEPTANCES ARE NOW TO BE NEGOTIABLE.
Federal Reserve Board Promulgates Regulations for New Class of Commercial Paper with a
Discount Rate Somewhat Lower Than That Applicable to Other Commercial Paper.
(Special to The Review.)
WASHINGTON, D. C, July ID.—The Federal Re-
serve Board has just issued and promulgated ..i
regulation as to "trade acceptances," making them
a distinct class of commercial paper, "for which
the board is ready to approve the establishment of
a discount rate somewhat lower than that applica-
ble to other commercial paper."
The board expresses the belief that the new
regulations will "considerably enlarge the scope of
service of the Federal reserve banks and incident-
ally assist in developing the class of double name
j.aper which has shown itself in so many countries
a desirable form of investment and an important
factor in modern commercial banking systems."
The new class of rediscount paper is popular, it
is said, in England, and has long been recognized
there as very safe commercial paper, and has been
found most satisfactory in dealings between piano
manufacturers and dealers. In order that a
"trade acceptance" may be eligible for rediscount
at the Federal reserve bank at a rate to be estab-
lished for such acceptance, it must meet the follow-
ing requirements:
Be indorsed by a member bank, accompanied by
a waiver of demand notice and protest; have a ma-
turity at the time of discount of not more than
ninety days; must be accepted by the purchaser of
BUYS THE LELAND BUSINESS.
WHY G. M. SLAWSON IS OPTIMISTIC.
The old-time business of S. R. Leland & Son, in
the Knowles building, Worcester, Mass., has been
purchased by the Steere Music Store, of that city.
The stock taken over consists of pianos, player-
pianos, band instruments and musical merchandise.
Dean of the Traveling Forces of The Cable
Company Found Dealers Ready to Place
Orders for Fall Trade During Visit to North-
west—Crop Conditions Satisfactory and Fac-
tories Giving More Employment All the Time.
AN ILLINOIS INCORPORATION.
The Aida Manufacturing Co. has been incorpo-
rated, with headquarters in Chicago, for the pur-
pose of engaging in the musical instruments busi-
ness. Capital, $10,000. Incorporators: J. G. Goos-
matin, H. D. Loeb and George L. Turnbull.
That our efforts to produce in-
struments of exceptionally beauti-
ful quality are appreciated by our
agents is made clear by the spirit
of enthusiasm and satisfaction that
is expressed by LAUTER dealers
in all parts of the country.
We do make instruments of ex-
ceptionally fine quality of tone and
unusually fine workmanship. Why
not reap the advantage of this
quality in building up your local
trade?
Let us tell you more about
LAUTER GRANDS, LAUTER-
HUMANAS (players) and LAU-
TER UPRIGHTS.
LAUTER CO.
NEWARK, NEW JERSEY
(Special to The Review.)
MILWAUKEE, WIS., July 20.—That liano dealers
all over the Northwest have been giving particular
attention to disposing of all their old stocks of
late and are now beginning to place some good or-
ders for new stocks in order to be in readiness for
the fall trade, is the assertion of George M. Slaw-
son, dean of the traveling sales force of the Cable
Company, of Chicago, who was in Milwaukee last
week as the guest of the J. B. Bradford Piano Co.,
handling the Cable goods in this city. Mr. Slawson
was on his way to Chicago after a successful trip
through the copper country, and, as usual, he was in
a most optimistic frame of mind.
"I am confident that conditions in the piano trade
have taken a turn for the better," said Mr. Slawson.
"In a recent trip through the Northwest I found
that crop conditions are ideal, especially in regard
to grain. The warm weather is now bringing along
the corn crop in a satisfactory manner. When
crops in this section of the country are good it
usually means that general business is pretty liable
to be satisfactory.
"Many people do not realize the extent of the
war orders which are being received in this coun-
try and the influence which these are having upon
general business. This was brought forcibly to
mind during my recent trip through the Northern
copper country, where everything is booming as a
result of the demand for copper for export pur-
poses and for manufacture in this country.
"There is no use thinking that everything in this
country is going to calamity just because of the
great war in Europe. We are a country of vast
resources and there is no excuse for the depression
which now exists in some lines. I believe that it is
mainly a state of mind, and that if we would only
realize that the loss sustained in some lines of trade
is more than offset by the big war orders and that
there is absolutely no reason why we shouldn't be
in the midst of prosperity, things would be dif-
ferent."
Mr. Slawson and his wife will observe their wed-
ding anniversary, as well as both their birthdays,
during the early part of August, when these inter-
esting events will be celebrated at the Slawson farm
and summer home at Bangor, Mich. The Cable
Company has arranged it so that Mr. Slawson can
enjoy his vacation each year at this time.
goods sold to him by the drawer of the bill, and the
bill must have been drawn against individual in-
debtedness expressly incurred by the acceptor in
the purchase of goods.
"Trade acceptances" have not been negotiable in
the United States heretofore and have had no ben-
efits of preferences as commercial paper. In add-
ing them to the class of commercial paper that may
be the subject of rediscount, the Federal Reserve
Board has borrowed a form of commercial ex-
change quite popular in Europe and asserts that it
has authority under the Federal Reserve Act to de-
clare such paper subject to the rediscount.
To be eligible to rediscount, the "trade accept-
ance" must bear on its face, or be accompanied by
evidence in a form satisfactory to the Federal re-
serve banks, that it was drawn by the seller of the
goods on the purchaser of such goods. Such evi-
dence, the Reserve Board says, may consist of a
certificate on or accompanying the acceptance, to
the following effect:
"The obligation of the acceptor of this bill arises
out of the purchase of goods from the drawer."
Such certificates may be accepted by the Federal
reserve bank as sufficient evidence, provided, how-
ever, that the Federeal reserve bank in its discre-
tion may inquire into the exact nature of the trans?
action underlying the acceptance.
An Acoustical
Triumph Won
by American
Enterprise
The correct and resolute stand
taken by the American Steel & Wire
Co. years ago, that the demand for
extra strong hard strings has no
justification in musical accomplish-
ment, is being more and more realized
daily by piano manufacturers.
The products of this house possess
all the strength that any piano ever
requires. The wire is softer, and its
vibrations produce a more domi-
nant fundamental and fewer higher
partials than the hard strings in de-
mand years ago.
The absolute uniformity, tensile
strength without hardness—wire that
vibrates so evenly throughout when
actuated by the proper amount of
energy, that richness and brilliancy
result, has been the great accomplish-
ment of the American Steel & Wire
Co.
The resultful achievements of this
house in the domain of tone are now
recognized more than ever, and the
fact that the products of this house
are receiving the highest approval
from the users of pianos is a still
higher point gained in acoustical
accomplishment.
American Steel & Wire Company
Ckicago, New York, Worcester, Cleveland, Pitts-
burgh, Denver. Export representative: U. S. Steel
Products Co., New York. Pacific Coast represen
tative: U. S. Steel Products Co., San Francisco,
Los Angeles, Portland, Seattle.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
it)
THE MUSIC TRADE REVIEW
He reads everything worth while published on
these subjects, and is constantly trying to improve
Dealers Manage to Make Many Sales Under Unfavorable Conditions—Detroit's
Population
them. The system he operates takes only about
Grows—Adcraft Club Watches Questionable Advertising—D. J. Nolan a Believer in System.
twenty-five minutes' time of a stenographer and is
(Special to The Review.)
practically a perpetual inventory of the stock on
Basement Open to the Public.
DETROIT, MICH., July 19.—Piano and player-
The basement of the new J. L. Hudson Co. piano hand in all departments.
piano business for the week ending July 17 was store has been thrown open to the public. It is
Doesn't Believe in Sensational Sales.
really remarkable, considering the rainy weather used exclusively for the player roll department
J. Henry Ling, who operates as a one-price and
and the number of counter attractions. Rain and is in charge of Miss Margaret Fay, a composer no-outside-salesmen piano house in Detroit, says
poured down nearly every day during the week; and singer of much local prominence. A feature that every week he gets letters from firms who
the annual Windsor racing meet was on, the at- of this department is that the sales force consists offer to conduct a sensational sale at his store. Mr.
tendance being about 6,000 people per day; the entirely of ladies. The department is a very com- Ling always answers that he is sorry he cannot
Detroit baseball team played every day at the home plete one, with private demonstrating booths and accept, and explains why. In all of the years that
grounds and drew unusually large crowds. On the an up-to-date system for handling the stock.
Mr. Ling has been in business—and he is one of
days when it didn't rain the weather was extremely
the pioneers in the piano industry of Michigan—he
A Believer in Business System.
warm. And yet the piano dealers had better busi-
has never had a sale on new goods. Of course, he
Dan J. Nolan, who operates the piano depart- does conduct sales on used pianos which have been
ness than they have had for some time. C. H.
Kesler, manager of the player department at Grin- ment at the store of the May Co., Cleveland, O., taken in trade. Mr. Ling says that business for
nell Bros., said that during the terrible rainstorm was a visitor in Detroit July 15, most of which the first five months of this year was 15 per cent,
Friday afternoon, July 16, he had two customers time he spent at the store of the Hudson Co. Man- behind the same period of 1914, but that the first
ager Andrews explained his system of keeping his five months of 1914 were the biggest in the history
in the store, both of whom purchased.
stock of Victrolas and music rolls, which Mr. of the Ling store, hence he considers this year's
Rapid Growth in Population.
. The latest figures of the Water Board give Nolan said was the best he had ever heard of. business to be remarkably good. "Business fell off
Detroit a population of approximately 675,000, or Mr. Andrews has spent a great deal of time in about June last year, so it isn't going to be diffi-
760,000, taking in the adjoining suburbs, which are perfecting the system now in vogue. In fact, Mr. cult for us to beat the last six months of 1914," he
practically a part of Detroit. Based exclusively on Andrews is a crank on system and stockkeeping. said.
the city's population, Detroit made an increase of
58,000 during the past twelve months. When the
new Ford tractor and blast furnace plant is com-
pleted, giving employment to 20,000 more men, the Large Attendance at Formal Dedication of This Beautiful Establishment on Monday—Empha-
sizes Place Which Baldwin House and Products Have Won in Affections of Denverites.
city's population will be increased by another
100,000, so it is safe to say that by 1920 the popula-
(Special to The Review.)
form with the Adam period followed in the other
tion of Greater Detroit will easily be 1,000,000.
DENVER, COL., July 19.—The program incident to decorations of the structure.
To Eliminate "Bunk" in Advertising.
the formal opening of the handsome new quarters
The heating and ventilating systems in the new
The reorganized Detroit Adcraft Club, compris- of the Baldwin Co., at 1636 California street, this building have also received much attention and
ing the leading advertising men of the city, has city, is now being carried out, and the celebration come about as near to perfection as is possible in
appointed a Special committee to keep an eye on will continue to-morrow. Both the new building, its a strictly business building. The ventilating system
all newspaper and general advertising and to in- interior arrangement and the manner in which the is particularly interesting, for all the air that is
vestigate such advertising as it considers to be dis- program for the formal opening are being conducted, pumped into the various rooms is heated in winter
honest and misrepresentative. "There is altogether are all in keeping with the traditions of the great and cooled in summer, which does away with direct
too much bunk and exaggeration in the present- Cincinnati piano house.
heating. Powerful fans also draw the foul air
day advertising," said one member of the club.
The new building, which immediately adjoins the from the rooms through special ducts, and there is
"Before we can elevate advertising and get the former quarters of the Baldwin Co. here, is the re- no feeling of stuffiness in any part of the building,
public to have greater confidence in our copy we sult of much careful thought both in regard to in- whether it is crowded or not.
must eliminate the 'bunk' part. The committee ap- terior and exterior arrangement. The design
A feature of the opening that proved very inter-
pointed will keep their eyes on all lines of trade, and throughout follows closely the Adam style of deco- esting to the many visitors was the display of the
we hope to see a great deal of improvement during ration, and the entire effect, particularly the color
special art styles of Baldwin grand and upright
the coming twelve months as a result of this com- scheme, is fascinating. The work was designed pianos designed for the Panama-Pacific Exposi-
mittee's work."
and carried out by Fischer & Fischer, who are tion, and which have some of the most beautiful
John S. Read, salesman in the Grinnell Bros, among the most prominent architects in Denver, and elaborate cases ever produced on pianos.
player department, left July 18 on a two weeks' and who have kept a small army of workmen busy
The new home of the Baldwin Co. in Denver is
motor trip through Canada. The trip is being for some months past.
a fitting monument to the success that has been met
made in his own automobile. His wife and three
The Baldwin Piano Co. has won a high place for
with by that company since it first established n
children are accompanying him. Mr. Read has itself among the music lovers of Denver, which is permanent branch in the "Metropolis of the Rock-
been with Grinnell Bros, for two years, having best indicated by the crowds that have been visit- ies," for the local store of the company has pros-
formerly been with the Aeolian Co. in Chicago.
ing the new home of the company during the first
pered from the start and has served to carry the
A Sale Worth Mentioning.
day of the opening to inspect the new quarters and
fame of the Baldwin products through a large ter-
Manager Kesler, of the Grinnell Bros, player listen to the unusually excellent program provided
ritory in the West, where there arc still further
department, says that a sale worth mentioning was for their entertainment. It was the expressed
victories to achieve.
made during the past week. A man came in some opinion of a number of the visitors, among them a
time ago and looked at a $700 player. Mr. Read prominent piano man from the East, that the new
PADEREWSKI IN CALIFORNIA.
had him in charge. He spent about an hour and a Baldwin building contained the most artistic piano
half with the customer and finally got him to con- warerooms west of New York.
Paderewski is now in California, where he ex-
sider a $1,000 Weber Pianola piano. The man said
The main warerooms on the first or ground floor
he would talk it over with his wife and come back. are delightfully finished in French Caen stone, the pects to remain about six weeks. A Polish day is
being arranged for him at the Panama-Pacific
Last week he came in with his wife. Inside of a soft buff tones of which have become so popular
half hour the man purchased the Weber Pianola lately in decoration. The plainness of the walls is Exposition. Subsequently he will go to Pasa
and paid the $1,000 in cash; he also paid $50 for a relieved by a dainty frieze in classic design, an or- Robles for the baths, which have heretofore greatly
stool. "It was one of the easiest sales we have namental cornice and handsome pilasters. The alleviated his intense suffering from neuritis. On
returning to the East he and Mme. Paderewski
made in a long, long while," said Mr. Kesler. desire for perfect harmony in the interior arrange-
"The man who bought it is in the automobile busi- ment is indicated by the fact that in the main will go to Bar Harbor. He is intensely interested
in efforts being made to get money to relieve the
ness."
showroom every door in one wall is offset by a
sufferings of the Polish people in the war.
One of the windows in the Story & Clark piano handsome mirror set into the opposite wall. Of
store was badly shattered by the terrific rainstorm the smaller showrooms, two are finished in quar-
of July 16.
tered oak with a satin finish in olive gray, with
Only one
walls covered with burlap-like textile and paneled
piano
is
ceilings. The other two smaller salesrooms have
paneled walls and are attractively finished in ivory
N. Y. Piano Factory
iw&de in
white.
To Let or For Sale
this large
Although the decorations throughout the build-
factoryand
FACTORY, N.W. cor. of 135th St. and
ing are of a most original and elaborate character,
that is the
Willow Ave., five stories and basement,
the prime considerations of comfort and business
50x90 on lot 50x100, light all around, elec-
convenience have not been lost sight of. The first
trically controlled elevator, steam heat and
LINDEMAN
thing that impresses the visitor, next to the decora-
all modern improvements.
Possession
originated
tions,
especially
at
night,
is
the
elaborate
and
up-
August 1, 1916. Now occupied by Mans-
in 1821 by
to-date character of the lighting system, which is
field Piano Co.; for terms, etc., apply
W?Lit\dcmai\
CHAS. RAMSEY, KINGSTON, N. Y.
of the semi-indirect type that provides an abun-
Lindcm&n & Sons Piano Gi.
dance of soft, mellow light, distinctly restful to the
45 T -? St. 6 11 T T H Ave
New York.
eyes, through bowls of alabaster designed to con-
GOOD BUSINESS IN DETROIT DESPITE BAD WEATHER.
FORMAL OPENING OF BALDWIN CO.'S NEW HOME IN DENVER

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