Presto

PRESTO
June 12, 1920.
NEW PHONOGRAPH STORES
QUALITY FIRST
AND
FIRST QUALITY
Jesse French & Sons Piano Co.
FACTORIES at New Castle, Ind.
AUSTRALIAN OFFICE:
94 Pitt St., Sydney, N. S. W.
"A Name Well Known Since 1875"
STEGER
• l c MostVtluaHgPiaiioin the \fcrld
Steger & Sons
Leads
Others Follow
STEGER BUILDING
Jackson and Wabash
The Piano Center of America
CHICAGO, ILLINOIS
Many Extensions of Well Established Departments
Noted in News of the Week.
E. F. Ballou has opened a new Grafonola shop at
101 Grand avenue, Fairhaven, Mass., with a full line
of Grafonclas and records, player pianos and music
rolls.
The Ohio Talking Machine Co., a new corporation
in Cincinnati, O., has moved into the old location
recently vacated of the Columbia Graphophone Co.,
at 427 West Fourth street.
Miss Katherine Jelska has been placed in charge
of the Gennett record department of the Starr Piano
Co.'s warerooms, recently opened at 423 South Wa-
basli avenue, Chicago.
The Texas-Oklahoma Phonograph Co., Dallas,
Tex., will remodel a recently bought building at
1513-15 Elm street, and occupy it about the end of
the year.
The United States Music Stores, 1124 Walnut
street, Philadelphia, have been appointed exclusive
jobbers of Lyric records.
The Talking Machine Shop, Inc., was opened last
week in Norwich, Conn. A. Curland is manager.
Robert Ansell, Inc., Baltimore, Md., will move
next week from 1130 Light street to 1040 Light
street.
The Newcomb, Endicott Co., a department store
in Detroit, Mich., has added a talking machine de-
partment.
The remodeled talking machine store of Peter
casper, 847 Orange street, Wilmington, Del., was
formally opened recently.
l he Pomona Music Store, Pomona, Calif., has
been moved to new quarters in the Nicollet Hotel
Building. F. J. Ehlers is proprietor.
A talking machine shop has been opened by Wal-
ter King in the building of the Heine Piano Co., San
Francisco.
Kennard & Co., for many years in the dry goods
business in Wilmington, 111., has added a talking ma-
chine department.
In an effective series of talking machine concerts,
Powers Furniture Co., Portland, Ore., is advertising
its talking machine department.
H. T. Snyder, jeweler, Tell City, Ind., has added
a phonograph department.
FACTORY FOR MARION, IND.
Work on Installing Machinery and Preparations
Generally Begun Last Week.
The assurance that Marion, Ind., is to have a
phonograph factory which in time will employ a
large number of men and women, was assured last
week in an announcement at the Association of Com-
merce meeting after the deal had been completed in-
volving the sale of the old Access Cabinet Co. build-
ing to H. T. Franklin, wealthy manufacturer of Chi-
cago.
The company will be called the Marion Phono-
graph Co. and work will be commenced immediately
towards installing the machinery and getting the
plant in readiness for operation. Several workmen
were at the building last week cleaning out old junk.
The building, which is located at Henderson and
Nelson streets, has not been used for more than two
years.
OLD INDUSTRY HAS NEW NAME
AMERICAN
PIANO SUPPLY
COMPANY
Felts, Cloths, Hammers,
Punchings, Music Wire, Tun-
ing Pins, Player Parts, Hinges,
Casters.
A Full Line of Materials for Pianos and
Organs
When in Need of Supplies
Communicate with Us.
American Piano Supply Co.
110-112 E. 13th St.
New York
27
shares, and secures between $4,000,000 and $5,000,000
additional working capital. Columbia Graphophone
is the largest factor in the talking machine industry
and the additional money is required in order to
provide manufacturing facilities to meet the current
demand for its products, which is now the heaviest
in the history of the company. Current earnings are
at the rate of $6.92 a share on the old capitalization,
and $5.77 on the new. Annual dividend require-
ment is $1 a share. In 1919 there was $3.32 a share
for the common.
MAKING CABINETS.
A number of foremen, long employed at the Jef-
fersonville, Ind., plant of the American Car and
Foundry Company, will be placed on a temporary
pension list at half pay, it has been announced.
The purpose of the company is to retain the right
to their services, which will not be required until
car building is resumed. At present the plant is
making phonograph cases and other articles of
wood and the foremen in many shops are not
needed. The men may take oth • employment if
they wish, but the pension will be in the nature of
a retainer fee to give the right of call on their serv-
ices so that the organization will not be scattered
during the period of temporary slackness in the car
building industry.
NEW OKLAHOMA SHOP.
Workmen last week put the finishing touches on
the new office and demonstration rooms for the
new Edison Shop in Waurika, Okla., to be occupied
by Fowler & Company with Jack Jasper as manager.
Mr. Jasper received his first shipment of machines
and records this week. The building is one highly
suitable for the firm's purposes. Mr. Jasper has had
two demonstration rooms built and the interior of
the room artistically decorated. The shop will be
one of the most attractive in the city and will be
prepared at all times to demonstrate the merits of
the New Edison.
SHOWING THE ADMEN.
The methods of the Columbia Graphophone Co.
in advertising its products were shown and explained
in an exhibit at the annual convention of the Asso-
cited Advertising Clubs of America in Indianapolis
this week. George W. Hopkins, sales manager for
the company, spoke on "Linking Advertising with
Sales Effort," at one of the business sessions of the
association. Mr. Hopkins and H. L. Tuers, man-
ager of the Columbia dealers' service department,
addressed the Columbia dealers of Indianapolis on
Tuesday evening, June 8.
WIRELESS MUSIC.
W. Harold Warren has introduced a new Board-
walk diversion at Asbury Park, N. J., through the
construction of wireless telephone receivers on the
Boardwalk rolling chairs. In co-operation with the
local Foxhurst station of the Western Electric Com-
pany the listeners on the rolling chairs distinctly
heard phonograph music. It will soon be a common
sight to see the rolling-chair occupants listening to
musical concerts during their trips up and down the
Boardwalk.
THE STARR IN RHODE ISLAND. _ ^
The popularity of the Starr phonograph in Rhode
Island may be judged by the activity in the Starr
sales at Kennedy & McKay's and the Meiklejohn
Co., Providence. Now another representative has
been added. The Outlet Co., of that city, has added
the Starr to its talking machine line. The Outlet
Co. has one of the largest talking machine depart-
ments in the city.
The Krasberg Engineering & Mfg. Co. Becomes the
Standard Phonograph Motors, Inc.
E. B. Caldwell, president of E. Caldwell, Inc., in-
dustrial bankers, of New York, is president of the
Standard Phonographs Motors, Inc., the name of the
reorganized company formerly operated as the Kras-
berg Engineering & Manufacturing Co., Chicago.
The vice-president is W. J. Casey, of the Casey-
Hudson Co., and the secretary and treasurer is J. C
Wright. Other officials are Howard Wilcox, of E.
B. Cadwell, Inc., director of engineering and pro-
duction, and Walter Magill, sales and advertising
manager.
Rudolph Krasberg has been succeeded on the
board of directors by Russell S. Tucker. Mr. Kras-
berg has relinquished his holdings and will engage in
another line of business. In its plant at 536 Lake
Shore drive, Chicago, the Standard Phonograph
Motors, Inc., will devote its entire capacity to mak-
ing motors, tone arms, reproducers and other talk-
ing machine accessories.
The dealers in Columbia Graphophones in Chi-
cago, supplied by the wholesale branch of the Co-
lumbia Graphophone Co. in that city, held a dance
on May 29 at the Congress Hotel.
The Prestonia Mfg. Co. has completed its plant
in Louisville, Ky.
Quite a number of people are taking advantage of
the generous offer made by Miller's Music Store,
Lebanon, Pa., to purchase one of their small Vic-
trolas for use during the summer and to return the
machine to the store in the fall, receiving full value
for it in exchange for a larger machine.
NEW COLUMBIA STOCK.
The taking up by the stockholders of over 95 per
cent of the new offering of Columbia Graphophone
Co.'s common at $27.50 a share shows confidence in
the outlook for the company, says the Brooklyn(N.
Y.) Standard Union. The balance was subscribed
by outsiders. The additional 192,000 shares brings
the common stock outstanding up to 1,152,000
Francis S. Moore has resigned as president of
The Piano Club of Chicago for the reason that he
has gone into a different line of business. M. J.
Kennedy, vice-president of the club, will serve the
unexpired term, as provided in the constitution of
the club. Mr. Moore is reported to be in the re-
frigerating business.
NEW VICTOR SALES HEADS.
John S. McDonald has been appointed sales man-
ager of the Victor Talking Machine Co., with gen-
eral supervision over all the divisions of the sales
department of the company. The new assistant
sales manager is Edward J. Dingley.
A FEW NOTES.
PIANO CLUB PRESIDENT RESIGNS.
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