Music Trade Review

Issue: 1927 Vol. 85 N. 1

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
The Music Trade Review
JULY 2, 1927
Novelties in Piano Case Design
I
(Registered in the U. S. Patent Office)
PUBLISHED BY EDWARD LYMAN BILL, Inc.
at 4 2 0 Lexington Avenue, New York
Prciident, C. L. Bill; Vice-Presidents, J. B. Spillane, Edward Lyman Bill, Randolph
Brown: Secretary, Edward Lyman Bill; Treasurer, Raymond Bill: Assistant Secretary,
L. E. Bowers; Assistant Treasurer, Wm. A. Low; Chairman of the Board, J. B. Spillane.
B. BRITTAIN WILSON, Editor
RAY BILL, Associate Editor
WM. H. McCLEARY, Managing Editor
CARLETON CHACE, Business Manager
FRANK L. AVERY, Circulation Manager
Executive and Reportorial Staff
E. B. MUNCH, V. D. WALSH, EDWARD VAN HARLINGIN, THOS. W. BRISNAHAN,
E. J. NEALY, FREDERICK B. DIEHL, A. J. NICKLKN
WESTERN DIVISION:
BOSTON OFFICE
FRANK W. KIRK, Manager
JOHN H. WILSON, 324 Washington St.
Republic Bldg., 209 So. State St., Chicago
Telephone, Main 6950
Telephone, Wabash 5242-5243
LONDON, ENGLAND: 1 Gresham Buildings, Basinghall, St., D. C.
NEWS SERVICE IS StPPLIED WEEKLY BY OUR CORRESPONDENTS
LOCATED IN THE LEADING CITIES THROUGHOUT AMERICA
Published Every Saturday at 420 Lexington Avenue, New York
Entered as second-class matter September 10, 1892, at the post office at New York, N. Y.,
under the Act of March 3, 1879
BUBSCRIPTION, United States and Mexico, $2.00 per year; Canada, $3.50; all other
countries, $5.00.
ADVERTISEMENTS, rates on request.
REMITTANCES, should be made payable to Edward Lyman Bill, Inc.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900 Silver Medal.. .Charleston Exposition, 1902
Diploma
Pan-American Exposition, 1901 Gold Medal
St. Louis Exposition, 1904
Gold Medal—Lewis-Clark Exposition, 1905
TELEPHONES—LEXINGTON 1760-1771
Cable Address: "Elbill, New York"
Vol. LXXXV
NEW YORK, JULY 2, 1927
No. 1
Important Publishers' Announcement
Edward Lyman Bill, Inc., owners of The Music
Trade Review, have recently formed a new company,
namely: Federated Business Publications, Inc., to which
The Music Trade Review has been transferred.
This transfer does not represent any change in the
owning control, or management, or staff of The Music
Trade Review.
The officers of Federated Business Publications, Inc.,
are as follows:
President, Raymond Bill
Vice-Pres., J. B. Spillane
Vice-Pres., Randolph Broivn
Sec'y-Treas., Edward Lyman Bill
The executive staff of The Music Trade Review con-
tinues as set forth in the masthead above.
Coincident with the formation of this company, an
issue of Cumulative First Preferred Stock of Federated
Business Publications, Inc., is offered to the public
through banking channels, and the company has agreed
to make application to list this Preferred Stock on the
New York Curb Market.
This financing has been undertaken for the purpose
of expansion, in order to make possible the acquisi-
tion of additional publications of a well-established
character. Our experience of the past ten years has
definitely proved that the group plan of publishing
makes possible the production of more influential busi-
ness papers; in other words, that by publishing maga-
zines covering diverse industries we can produce a more
effective trade paper in each particular field.
This latest move represents a further step forward in
the progress of our organization, and one which will
enable us to increase the service rendered to the music
industry by The Music Trade Review.
F the piano trade does not come back as strongly as hoped for
as a result of the efforts being put back of promotion work, it
cannot be blamed upon the lack of interest of the majority of
piano manufacturers in developing new types of instruments de-
signed to meet practically every public demand in style, finish
and price.
In the matter of case design alone it is doubtful if any similar
period in trade history has seen the progress that has been made
last year in the development of fancy cases and period designs.
In most instances the period models have shown a real under-
standing of art and its application to cabinet work. Some models
which have not measured up to standard for one reason or another
have made the really artistic cases stand out by comparison, and
if nothing else have indicated the desire of their makers to be in
the front in the matter of case offering.
The period s-tyle and the richly decorated case serve two useful
purposes. Firstly, they are designed to have a stronger appeal
to the prospective piano buyer who requires something beyond
tone and interior quality in his instrument, and, secondly, they
have a special appeal to those who, possessing old pianos, may be
persuaded to buy new ones as being more in keeping with the
interior furnishings of their home. Whatever may be the results,
the makers have at least shown an earnest desire to keep up with
the procession and to get out of the rut.
Nor has all this progress been made in the matter of show
alone. The manufacturing division of the trade has given attention
as never before to the scientific side of piano production. The
practice of building pianos by rule of thumb and dead reckoning,
such as appeared to prevail in many factories, has gone by the
board, and through technical study there has been developed a
fixed formula calculated to produce tonal qualities on a definite
basis. It is true that there is much to be done along this line
and that in the hurry to put a new instrument on the market
some manufacturers are inclined to be satisfied with something
less than perfection. Even in such cases, the new instruments
are subject to a careful scientific check, with the result that cor-
rections are made in the proper spirit. The old practice of
standing by the guns and claiming perfection, in the face of scientific
proof to the contrary, has also died out.
Successful distribution, of course, is the most important in
any line of business, and no matter how much thought and attention
is given to the new product, its final test is in the selling. It is
for the development of sales that the promotion work is being
carried on, but full credit is to be given to those who, in the face
of conditions that are not altogether satisfying, are willing to
display their confidence in the future of the industry by lending
their efforts to the production of new instruments that will lessen
sales resistance. It is a recognition of his functions by the manu-
facturer that speaks well for the stability of the industry.
yg
yg y&
The Western Trades Convention
W
ITHIN approximately a week after this issue of The Review
is in the hands of its readers, the members of the music
industry on the Pacific Coast and from a large territory in the
Far West will gather in San Francisco for the Fourth Annual
Convention of the Western Music Trades Association, with every
indication that this annual meeting will equal in interest those
outstanding gatherings that have gone before it.
It is significant that in drawing up the program of the con-
vention, which calls for four full days of attention to trade and
association business, to say nothing of the many social events that
are interspersed and will follow the meeting, an effort has been
made by the association officers to choose subjects for discussion;
that will cover every phase of the industry as a whole, including
pianos, band and orchestra instruments, phonographs, records,
radio and the other departments that make up the usual repre-
sentative music store. In addition, such general trade activities
as group instruction, piano-playing tournaments, high school band
contests, music in the schools and kindred subjects connected with
the promotional work in the industry will find a place on the pro-
gram. On the whole, the plans for the convention are unusually
well balanced and might be considered with interest by those who
are charged with developing schedules that are worth while for
the national meetings.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
Reorganization of Estey-
Welte Corp. Is Proposed
Meeting of Stockholders of Company Called for
July 7 to Consider New Stock Issue and
Change in the Company Name
A special meeting of stockholders of the
Estey-Welte Corp. has been called for July 7 to
consider a proposed reorganization of the com-
pany and a change in name of the corporation
lo the Welte Corp.
A tentative plan provides for an authorized
capitalization of 250,000 shares of a new no-par
preferred stock, 150,000 shares of no-par com-
mon stock and $500,000 five-year 6 per cent de-
bentures. The preferred stock is to have pref-
erence in the event of liquidation up to $25 a
share and accumulated dividends, which become
cumulative after January 1, 1929, and will have
equal voting power with the common stock in
case of a two years' default of the preferred
dividends.
After a preferential dividend of 50 cents a
share on the preferred the common stock will
be entitled to 50 cents a share, and thereafter
earnings applicable to dividends will be divided
pro rata between the preferred and common.
The debentures are to be offered at 90 and
will carry with them one share of common stock
for each $100 par value of notes and will be con-
vertible at any time before maturity into pre-
ferred stock on the basis of ten shares of pre-
ferred for each $100 par value of notes.
It is understood that the proposed new pre-
ferred stock will be distributed share for share
for the present outstanding 176,000 shares of
Class A stock, and that 100,000 shares of the
new common will be distributed on the same
basis for the present Class B stock.
J. Milton Delcamp
Ampico Vice-President
Manager of Ampico Corp. Made Vice-President
and Director at Recent Meeting of the Board
—Active in Ampico Promotion
J. Milton Delcamp, manager of the Knabe
Ampico Corp., was elected vice-president and
a director in the corporation at a meeting of
the board held last week. Mr. Delcamp, who
since joining the American Piano Co. has been
active in Ampico promotion, was some months
ago placed in entire charge of Ampico activ-
ities, and his election as vice-president and
director is in recognition of his successful ef-
forts in that direction.
Chickering Grand as Prize
PITTSBURGH, PA., June 28.—Lechner & Schoen-
berger awarded a Chickering grand piano as
first prize at the graduation exercises of the
Pittsburgh Musical Institute, the recipient
being George Miller. The prize was awarded
to the student in the class showing the most
progress in study.
Rudolph H. Wurlitzer Now
President of Wurlitzer Go.
Succeeds in That Post Howard E. Wurlitzer,
Who Becomes Chairman of the Board—Other
Officers Elected at Annual Meeting
C. B. Amorous, of Aeolian
Go., Off on Extended Trip
Will Visit Aeolian Co. Dealers in the Far West
and Attend Convention of Western Music
Trades Association
C. B. Amorous, director of wholesale sales
of the Aeolian Co., has left on an extended
business trip for the purpose of visiting Aeolian
representatives in the Far West. Mr. Amorous
CINCINNATI, O., June 25.—Rudolph H. Wur-
litzer, who has been connected with the Rudolph
Wurlitzer Co. since 1894, and since 1912 has
been its vice-president, was elected president of
the company at the annual meeting of the com-
pany this week, succeeding Howard E. Wurlitzer,
who becomes chairman of the board of direc-
tors. The latter had been president since 1912
and joined the company in 1892.
At the meeting the following directors were
elected: Howard E. Wurlitzer, chairman; Ru-
dolph H. Wurlitzer, Farny R. Wurlitzer, Thos.
P. Clancy, James L. Ryan, Raimund B.
Wurlitzer and I. H. Lyons. The new officers
of the company are Rudolph H. Wurlitzer,
president; Farny R. Wurlitzer, vice-president
and treasurer; Thos. P. Clancy, vice-president
and assistant treasurer; James L. Ryan, vice-
president; John P. Weis, secretary; Walter
Wolf, assistant treasurer, and Ruth Selby, assist-
ant secretary.
Charles P. Vogt Elected
Knabe & Go. Vice-President
C. B. Amorous
expects to be in San Francisco in time to at-
Factory Superintendent Thus Honored Has tend the convention of the Western Music
Been in the Employ of Wm. Knabe & Co. Trades Association, which will be held in that
city.
for Nearly a Half-Century
"I am intensely interested in the piano busi-
Charles P. Vogt, for many years superin- ness and enthusiastic over the possibilities in
tendent of the factory of Wm. Knabe & Co. the line," said Mr. Amorous on the eve of his
in Baltimore, was promoted to the vice-presi- departure. "While, of course, I shall not be
dency of the company at a recent meeting of able to pose as an expert piano man probably
the board of directors, in recognition of his for a long time, if ever, nevertheless the mer-
service of nearly fifty years with the company. chandising problems are extremely fascinating
It was in 1878 that Mr. Vogt took his first to me. It appears to me as though this in-
position in the stockroom of the Knabe factory, dustry has been so absorbed in the aesthetic
where his father, Peter Vogt, was employed. and artistic aspects of its activity that it has
He advanced steadily through the various de- neglected to adopt the sound principles of the
partments of the factory and thus acquired a methods of doing business characteristic of
complete knowledge of every branch of piano other lines. I am confident that with the adop-
making. Before his father died in 1910, after tion of these ideas the piano business will easily
fifty-four years in Knabe service, he had seen resume its rightful place. It is certainly a tre-
his son advance to the factory's highest place. mendously interesting challenge to attempt this
Mr. Vogt is a piano craftsman who sticks transformation, and it has been very gratifying
close to the ideals of the old school of piano to note the readiness of the piano merchants
making, and has been particularly successful generally to discuss and adopt these ideas. The
in instilling those ideas into the minds of the piano is unquestionably one of the prime neces-
younger generation who have come to fill their sities of to-day's civilization. When you regard
places at the factory benches. For the part it as such and use up-to-date methods in pre-
that he has played in Knabe progress his pro- senting it to the public, you can rest assured
the public is going to respond."
motion is well deserved.
STARR PIANOS
STARR PHONOGRAPHS
GENNETT RECORDS^
(Represent the HiqhestoAttainment in cMnsical (-Worth
We STARR PIANO COMPANY
Richmond. Indiana
Established 1872
13

Download Page 12: PDF File | Image

Download Page 13 PDF File | Image

Future scanning projects are planned by the International Arcade Museum Library (IAML).

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.