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The Music Trade Review
MARCH, 1930
n
made in the department and arrangements have
been made for the installation of soundproof
demonstrating rooms. The department handles
the Bluther, German made, together with the
Krakauer Bros., Estey, Cable & Sons, Hallet &
Davis, Lindemann & Sons, and Chase & Baker
pianos.
those same high standards to which it has al-
ways been maintained. "We shall continue," he
said, "to manufacture the best piano possible on
a conservative basis. We have great confidence
in the piano and the piano business, and there
shall be no deviation in the conducting of the
business on those principles which have made it
highly successful up to the present time."
SAN FRANCISCO, CAL.—The annual meeting of
stockholders of Sherman, Clay & Co. was held
in San Francisco, January 22. All the directors
were re-elected and board of directors returned
to office the same officers. The books for the
year were not closed, so the financial statements
for 1929 will be made to the stockholders a
little later. The board of directors and officers
FORT WAYNE, IND.—At the recent annual meet-
ing of the stockholders of the Capehart Corp. are as follows: P. T. Clay, president; F. R.
held at the company's headquarters here, all Sherman, vice-president; F. W. Stephenson, sec-
officers and directors of the company were re- retary and treasurer; J. H. Alco, Malcolm Bruce,
R. H. Cross, H. H. Fair, E. P. Little, E. R.
elected as follows: C. M. Niezer, chairman of
Robinson,
directors.
the board; H. E. Capehart, president and gen-
Mr.
Cross
has been attorney for the firm for
eral manager; J. W. Caswell, vice-president; E.
E. Collison, vice-president; J. E. Broyles, years; E. P. Little is manager of the firm's
sheet music and publishing department and
secretary, and L. D. Thomas, treasurer.
R. E. Robinson is general manager for the
It was reported that the company is now do-
branches in the Northwest.
ing business in nineteen foreign countries as
well as in every State in the Union, and that its
assets are approximately $1,000,000; an excellent
record in view of the fact that the business was
organized only two years ago.
Following the annual meeting several changes
and additions to the company personnel were
So strong has been the demand for the new
announced. C. F. Baker has been appointed ad-
vertising manager, and W. A. Bannon, sales small Lester upright announced recently, that
promotion manager, while Mel Robinson has it has exceeded the expectations of company
been made art director. Mr. Baker was for- officials with the result that work has already
merly with a prominent advertising agency, and been started to enlarge the small upright de-
Air. Bannon was formerly connected with the partment at the Lester factory. The additional
space and new equipment will triple the present
Brunswick and Kellogg radio organizations.
output of the little uprights and the plans are so
drawn that further enlargements can be made in
the near future.
George Miller, head of the Lester Piano Co.,
has many times expressed his confidence in a
small upright of quality, and the new Lester,
only 3 feet 8 inches high, and with a scale by
The piano department of Gimbel Bros., New Paul M. Zeidler, has met with a reception from
York, for some time past located in the general the public that has more than justified Mr.
music, department maintained by the company Miller's confidence in the market awaiting such
in a separate building located on Thirty- an instrument.
second street, was moved back to the main
The new uprights are selling mostly to small
building on February 1, occupying several thou- apartment owners where space is, more or less,
sand square feet on the ninth floor adjoining the limited. The cases are of mahogany with satin-
furniture department. C. S. Hammond, man- wood inlays and tapestry backs. Presenting as
ager of the department, is enthusiastic over the they do a decorative appearance from any
change in location and although he reported a angle, these piano.s arc fully "at home" in the
very substantial increase of business for 1929, modern household. Their low height permits
looks for an even greater volume during the the pianist to i:\cv the audience—another feature
present year.
which srrms to contribute to their ever-growing
A generous display of grand pianos is being popularity.
Jacques B. Schlosser Is Elected
President of Kranich & Bach
A T the annual meeting of Kranich & Bach,
New York, which was held on Tuesday,
February 11, Jacques Bach Schlosser was elected
president and treasurer, Philip Schlosser, vice-
president and Helmuth Kranich secretary.
J. B. Schlosser, a nephew of the late Louis P.
Bach, who for many years was president of the
firm up until the time of his death, has been
identified with the house of Kranich & Bach
ever since his graduation from City College in
Sherman, Clay Directors
Are All Re-elected
Annual Meeting of
Capehart Corp.
Lester Piano Co. Enlarges
Small Upright Department
J. B. Schlosser
1897. At this time he entered the factory, first
in the bellying department, and then in each de-
partment of the plant until he had thoroughly
mastered the building of a piano from start to
finish. This education having been completed,
he entered the office and became thoroughly ex-
perienced in the financial and sales branches of
the business, and upon the death of the elder
Helmuth Kranich in 1902, he was elected vice-
president, a position he held up until the time
of his election as president last month. In 1920,
immediately after the death of Frederick
Kranich, he was elected treasurer also.
Philip Schlosser, vice-president, a brother of
the newly elected president, takes no active part
in the conducting of the firm's affairs. Helmuth
Kranich, secretary, is a well-known figure in the
music industry, having also been identified with
the firm since boyhood, and for many years act-
ing as director of wholesale sales.
To a representative of The Review imme-
diately after the election, J. B. Schlosser stated
in a few simple words the assurance of the con-
tinuance of the Kranich & Bach business along
Gimbel Bros. Piano Section
Again in Main Store
The LUDWIG Piano
THE "ARISTOCRAT" OF ITS GLASS
Conventional and Period Models
in Grands and Uprights
Over 100,000 LUDWIG PIANOS have been made and
sold to date
LUDWIG & CO.
136th St. & Willow Ave.
NEW YORK