Music Trade Review

Issue: 1929 Vol. 88 N. 17

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
News Number
THE
JiUJIC TIRADE
VOL. 88. No. 17
Published Weekly.
Federated Business Publications, Inc., 420 Lexington Ave., New York, N. Y. April 2 7 , 1 9 2 9
Single Copies 10 Centtt
$2.00 Per Year
California Trade Interests
Defeat Objectionable Bill
Proposed Legislation, "Tabled" by Senate Judiciary Committee, Retailers in Milwaukee
to Have Code of Ethics
Would Have Required Recording in That State of All
MILWAUKEE, WIS., April 22.—Music dealers of
Personal Property Sales Contracts
Milwaukee are interested in the fact that a spe-
AlN FRANCISCO, CAL., April 18.—California State Senate Bill 775, which, if passed, would
have required the recording of all personal property sales contracts, was "tabled" on the eve-
ning of April 15 by the Senate Judiciary Committee. There was a strong committee at
the hearing before the Senate Judiciary Committee. R. B. Miller, secretary of the Music Trades
Association of Northern California, and representatives of a number of other trade associations
and retail merchants' associations, including George Curtiss, secretary of the Pacific Radio Trade
Association, were all there tc point out their
reasons for opposing the bill.
pass on to consumers as a tax. These consum-
It was only concerted, capable action ami a ers, who would be penalized for purchasing on
showing of how the bill would have affected ad- instalments, are wage earners who can least
versely many trades and industries that suc- afford this additional expense."
Other objections cited before the Senate Ju-
ceeded in tabling it. As such a bill may be
diciary Committee by the retail merchants are
brought up in other States, a brief statement of
the reasons for opposing it may be of interest: that it is unfair to embarrass those who pur-
"Almost every important trade sells merchan- chase personal property on instalments by re-
dise (personal property) on conditional sales cording and making public these transactions;
contracts. This is highly desirable in the inter- that with a recording law effective, unrecorded
est of regular quantity production, lower unit contracts have no greater book value as an as-
prices and steady employment; also in the in- set than an open account. This means a shrink-
terest of the consuming public by making age of 25 per cent to 50 per cent in the actual
available the systematic budgeting of incomes value of such accounts.
It was also stated that in the State of Wash-
and the acquisition of necessities otherwise im-
possible. Commodities sold on conditional sales ington, where such a law is now operative, all
contracts include musical instruments and radio of the above objections are substantiated. Busi-
ness has actually been driven from that State
sets.
"There are approximately 12,000 of such into Oregon, by the necessity for recording.
transactions (in about fifteen commodities, in-
cluding clothing, furniture, etc.) daily in Cal-
ifornia, about three and one hah million annu-
ally, or ten million in three years, which is the
GREENSBUHC;, PA., April 22.—L. Gordon Clark,
period over which these records would neces-
doing business as the Clark Music Company,
sarily accumulate.
filed a voluntary petition in bankruptcy in the
"DIFFICULTY IN REFERRING TO REC-
United States District Court here. The sched-
ORDATIONS:
ules filed show liabilities $13,964 and assets,
"With an accumulation of 10,000,000 personal
$5,820. J. Raymond Sowash, of this city, was
property recordations in three years, the com-
named as referee in the case.
plicated system of records required would
make it impossible for the average citizen to
ascertain legal title. Personal Property Title
Research Companies would become necessary
The name of the Vandenburg Music Co.,
with additional fees and complications.
"The minimum recording expense would be 118 North Washington street, Green Bay,
$1.00 per transaction. With 12,000 transactions Wis., has been changed to the Mann-Foster
daily this would mean that an unnecessary ad- Music Co. with O. F. Mann as president and
ditional expense of at least $12,000 per day or treasurer, and J. M. Foster as secretary. The
$3,600,000 per year would be incurred by mer- business was originally incorporated in 1915
chants and which they would be compelled to and has been successful.
S
Store in Bankruptcy
Now Mann-Foster Go.
3
cial committee of the Association of Commerce
retail committee is preparing a "code of
ethics" to be followed by all lines of retail
business. The code will establish standards
for stores in dealing with the public, with
employes and in general business methods.
The objective is to correct certain trade abuses.
A section applying to unfair competition em-
braces such practices as inflation of credit,
overexpansion and overstimulation of sales,
and false advertising. It has been voted to take
the recently issued code of ethics for all busi-
ness submitted by the United States Cham-
ber of Commerce.
The local Association of Commerce monthly
report indicates that all retail stores in the city
got their full share of business during the
month of March and individual music dealers
have expressed satisfaction over their book
showings for that period. The Credit Bureau
of the Association of Commerce gave to mem-
ber stores 11,641 person credit ratings as com-
pared with 8,941 for March last year, an in-
crease of 2,700, or 24 per cent.
Will A. Watkin to Be Active
in Rotary Club Convention
Will A. Watkin, president of the Will A.
Watkin Co., Dallas, Tex., will take a prominent
part in the International Rotary Club conven-
tion to be held in that city from May 27 to
31. Mr. Watkin will be the convenor for the
Vocation Service Craft Assembly under the
classification "Fine Arts, Section 2—Musical
Instruments and Merchandise," and will also
be a member of the committee looking out for
the entertainment of the ladies. The Watkin
store will be thrown open to the rotarians dur-
ing the convention.
Opens Ninth Branch Store
Select Furniture Co., of Buffalo, which main-
tains music departments in its chain of stores
in and near that city, has just opened its ninth
branch at 45 Main street, Tonawanda, N. Y.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
The Music Trade Review
APRIL 27, 1929
On to Chicago—June 3-8!
,m^
I
The Drake
1 Hotel in Chi-
|
cago Where
| the 1929 Music
j
Show and
1
Conventions
I Will Be Held
Will You Be There, Mr. Dealer ?
Cable Co. Sells Chicago
Plant to Radio Concern
Electrical Research Laboratories, Inc., Acquire One Manufactur-
ing Unit—St. Charles, 111., Plant to Be Seat of Cable
Co.'s Piano Making Activities
HICAGO, ILL., April 22.—Negotiations which had been in progress for some time resulted
late last week in the sale by the Cable Company to the Electrical Research Laboratories,
Inc., of its entire Chicago manufacturing property, situated at Paulina and West Twenty-
second streets. In explaining the consummation of this important transaction, President George
J. Dowling, of the Cable Company, said:
"This unit of the Cable -manufacturing system has in recent years been employed largely in
the manufacture of players, reproducers, and
various piano parts in which the Cable Com- basis, puts these manufacturers of radio receiv-
pany's operation has always been very complete ing sets and phonograph combinations in unen-
and extensive. Originally, too, this plant was cumbered possession of a large and efficient
the seat of the manufacture of the Cable Com- plant while, at the same time, the Cable Com-
pany's grand pianos. With the expansion of that pany, by purchase of a substantial amount of
branch of the business in recent years, a grand the common stock of the Erla Co., comes into
factory was developed in the St. Charles group close and practical contact with radio, both by
which has been steadily expanded, and parts op- reason of its ownership of Erla stock and as a
erations have also been gradually shifted to the source of supply for the growing radio opera-
tions developing in Cable's large and wide-
St. Charles works.
"This policy of concentration had proceeded spread retail stores organization.
"The Erla Co. are experienced manufacturers,
to a point where, with the additional buildings
already designed and authorized for the St. not only of radio receiving sets and phonograph
Charles group, it permits the consolidation of combinations, but reproducers, electric pick-ups,
the piano manufacturing operations of the and many other essential radio parts which they
Cable Company at that.center without interrup- have long manufactured and distributed to the
tion or diminution. Ma,ny and highly important radio manufacturing trade. In possession of
many important patents, themselves, and fully
benefits will accrue from this consolidation of
effort, avoiding, as it will, duplication of inven- licensed to manufacture under the patents of
the Radio Corp. of America and allied compa-
tories, supervision, and overhead expenses.
"Plans for a new Conover factory at St. nies, acquiring with the present transaction
Charles were prepared over two years ago and large manufacturing facilities and equipment
have been held in readiness for this occasion. with which to speedily obtain mass production,
Coincident with the closing of the present and with the possibilities of special and exclu-
transaction, the Board of Directors authorized sive Cable receiving sets and combinations pro-
cured from this source and marketed through
the construction of such additions to the St
Cable stores and Cable dealers, interesting pos-
Charles plant and equipment as may be neces
sibilities lie ahead."
sary to effectively and efficiently house the en
tire piano production of the Cable Company.
The O'Loughlin music store, of Salt Lake
However, manufacture of the Conover grands
and piano actions will continue in Chicago until City, Utah, has been incorporated under the
the new and better facilities have been fully name of O'Loughlin's, Inc. The capital is
about $35,000. No change in the management
completed.
"This transaction, substantially on a cash or ownership is contemplated.
C
Lawrence Tibbett Sings
at White House Event
The first White House musicale of the Hoover
administration was held on Friday afternoon,
April 19, at 4:30, in the East room of the execu-
tive mansion with Lawrence Tibbett, baritone
of the Metropolitan Opera Co., as soloist. Henry
Junge, of Steinway & Sons, New York, who has
been handling the details of these musicales for
many years, supervised the arrangements for
the affair as usual. Mrs. Hoover, as hostess,
received about 200 guests and also entertained
many Metropolitan Opera celebrities at lunch-
eon prior to the musicale. Mr. Tibbett sang
about eleven selections ranging from folk songs
to operatic arias and was accompanied by Stew-
art Wille. As is customary at the White House
musicales, the well-known gold piano was used.
Paul Hahn Married
Roman de Majewski, manager of the whole-
sale department of Steinway & Sons, New
York, returned this week from a trip to
Toronto, where he attended the wedding of
Paul Hahn, head of Paul Hahn & Co., Stein-
way representatives- in Toronto. Mr. Hahn
was married to Miss Grace Bickford, of Toron-
to. They plan to take their honeymoon
abroad and will visit the Steinway offices late
in the week, prior to sailing.
Music Store to Dissolve
COLUMBUS, OHIO, April 22.—In anticipation of
a requested dissolution of partnership of the
Hoermle Music Shoppe, 1887 Parsons avenue,
Columbus, R. Earl Buehler was appointed re-
ceiver by Judge John R. King in the court of
common pleas.
Queries Members on Meeting
Carl Wittich, of Reading, Pa., president of
the Pennsylvania Association of Music Mer-
chants, has sent out to the members of that
organization a query regarding the advisability
of holding a State convention of the association
this year. iNo plans for a meeting will be made
until the desires of the members are learned.
Consult the Universal Want Directory of
The Review.

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