Presto

Issue: 1922 1893

25
PRESTO
November 4, 1922.
COINOLAS
FOR
THEATRES, CHURCHES
and LODGE HALLS
Style 50
FROM THE BIGGEST
ORCHESTRION
INVESTORS IN RADIO
Great Newspaper Gives Some Facts Which
May Serve as a Precaution to Enthusiasts
in the Latest Glittering Bauble.
A campaign is being launched for the sale of stock
of the Wesley company, manufacturers of radio-
phones and phonographs, says the Chicago Tribune
"Investment Guide." The sale of this stock, although
ostensibly handled by the company direct, is being
conducted by the same concern that handled the
Davis Boring Tool company stock and is under the
direction of C. S. Rieman, who also promoted the
Elgin Motor Car company, which recently went into
the hands of a receiver. We have no intention of
casting any aspersion on either the Davis Boring
Tool company or the Wesley company, but the pro-
motion literature which is being sent out contains so
many statements which are not substantiated by facts
that we feel it our duty to point out to our readers
a few of these discrepancies, just as we did in the
case of the boring tool company literature last June.
The Wesley company literature makes the state-
ment that: "Even during the year of severe business
depression, from May 31, 1921, to May 31, 1922, 100
per cent net profits were earned." In the company's
sworn statement filed with the secretary of state' of
Illinois the net profit for that period is given as
$2,489 and the capital stock outstanding as $20,000.
This is less than \2 l / 2 per cent on their capitalization
—not 100 per cent. And now this capitalization- has
been raised to $95,000 by the authorization of $75,000
preferred stock.
The literature further states that "profits of $78,000
were realized in a single year." What the year was
is not mentioned. If such profits were earned it was
while the company was engaged in a different line of
business from that in which it at present is engaged.
It has been engaged in the manufacture of talking
machines, etc., for the last four years, prior to which
time it was engaged in a general advertising business.
The sworn statement gives the profits during those
four years ending May 31 as follows: 1919, $19,301;
19Z0, $25,992; 1921, $5,934, and 1922, $2,489. This is
a total for four years of $53,716 and an average of
$13,429 per annum.
The company is described as "an old established
Chicago corporation of large earning power and a
continuous dividend record for fifteen years." Divi-
dends may have been paid during the eleven years
in which the company was in the advertising busi-
ness. Of those years we have no record. The re-
port to the secretary of state covers only the last
EVERY MAN. WHETHER
Directly or Indirectly Interested in
Pianos, Phonographs or the General
Music Trade
Should have the three booklets compris-
ing
PRESTO TRADE LISTS
THE SMALLEST
KEYLESS
Manufactured by
The Operators Piano Co.
16 to 22 South Peoria St.
CHICAGO
No. "1—Directory of the Music Trades—
the Dealers List.
No. 2—The Phonograph Directory—the
Talking Machine List.
No. 3—Directory of the Music Industries
(Manufacturers, Supplies, etc., of
all kinds).
Price, each book, 25 cents-
The three books combined contain the
only complete addresses and classified
lists of all the various depart-
ments of the music indus-
tries and trades.
Choice of these books and also a copy of
the indispensable "Presto Buyer's Guide,"
will be sent free of charge to new sub-
scribers to Presto, the American Music
Trade Weekly, at $2 a year.
You want Presto; you want the Presto
Trade Lists. They cost little and return
much, Why not have them?
Published fcy
Presto Publishing Co.
407 So. Dearborn St,
CHICAGO, ILL.
four years, but it mentions no dividends having been
paid during that time, although the regulation form
of detailed income account is given.
The usual "conservative" estimates of enormous
sales and fabulous earnings are indulged in, but as
these are the sanguine visioning of the promoter's
fertile brain and are susceptible neither of proof nor
refutation, we shall not comment upon them. Our
duty is to point out statements that are at variance
with known facts and to give those facts.
JOY FOR PIANO TRAVELER
Interstate Commerce Commission May Soon Follow
Precedent Established in Freight Case.
Railroad passenger fares are scheduled to come
down, say persons informed on such matters. A cut,
as great, perhaps, as the 10 per cent horizontal re-
duction ordered in freight rates last May, may be ex-
pected, it is declared. As there has been no official
move as yet, the date of the reduction is conjectural.
"Informal requests for lower rates have been made
to the Interstate Commerce Commission by the Na-
tional Piano Travelers' Association and other national
and sectional organizations of traveling men. Mem-
bers of the commission are reported to be in mood to
inquire thoroughly into reasons why passenger rates
should remain at their wartime levels when almost
everything else entering into the business Hie ol the
country has declined.
Should the commission follow its own precedent,
established in the freight rates case, it will assume
that lowering rates will increase travel and thus re-
sult eventually in larger gross income. Many of the
roads are in favor of a cut, believing this will be
the case.
ANNOUNCEMENT.
The Ralph B. Waite Piano Co. announces the
opening of a Chicago wholesale office and display
room at 336-338 West 63rd street, Chicago, in the
beautiful salesrooms of Geo. B. Dow, where a full
line of grand and upright pianos, players and repro-
ducing pianos will be on display at all times, for the
benefit of dealers. The line will include the Waite,
P. C. Weaver, Seybold and other instruments in
various grades. You are invited to call at any time.
Take the Englewood express elevated at the loop.
Get off at 63rd and Harvard, walk one block west.
ENGINEERS AT BALDWIN PLANT.
Last week the members of the American Society of
Mechanical Engineers and the Society of Industrial
Engineers, which held a joint convention at the Liter-
ary Club, 25 East Eighth street, Cincinnati, made an
inspection trip through the plant of the Baldwin
Piano Company. In the evening they heard ad-
dresses by Harrington Emerson on "Some Aspects
of the Economics of Industry" and by Dr. Arthur
Garland, of the National Cash Register Company.
Whatever
Your
Question
Be it the pronunciation of Bolsheviki or
soviet, the spelling of a puzzling word—
the meaning of blighty, fourth arm, etc.,
this Supreme Authority—
WEBSTER'S
NEW
INTERNATIONAL
DICTIONARY
contains an accurate, final answer. 400,000
Words, 2700 Pages. 6000 Illustrations. Regu-
lar and India-Paper Editions.
G. & C. MERRIAM CO.
Springfield, Mass.
Write for specimen pages, prices, etc., and
FREE Pocket Maps if you name this publi-
cation.
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/
26
PRESTO
November 4, 1922.
THE PRESTO'S WANT ADVS.
E X P E R T SONG CRITIC
And musical arranger. Prices reasonable considering the
high class service rendered. H. Gladys Dazey, H a m -
ilton, Ohio.
FOR SALE—Edison phonograph business in Red Wing,
Minn. 10,000 population. Only two other phonographs
pushed. Opportunity for someone. Address " K , " Box
11, PRESTO, Chicago.
SALESMEN W A N T E D .
W A N T E D — T h r e e experienced traveling salesmen to sell
pianos, players and Victrolas. Young men of char-
acter and ambition and real salesmen with clean, suc-
cessful records. Salary, commission and expenses.
Give full details in first letter. The Knight-Campbell
Music Co., Denver, Colo.
A RARE O P P O R T U N I T Y .
FOR SALE—An old established and distinctly high-grade
piano and general music store may be bought on
attractive terms. Complete in every department.
Located in one of the best cities in Illinois. Owner
retiring. Full particulars on application. Address
"Owner, Box 4," PRESTO, Chicago.
SALESMEN W A N T E D .
We have an opening for one or two high class piano
salesmen in our Kansas City organization. Hard
work will be required. Men whose experience qualifies
them for both floor and outside work preferred.
Chance to qualify for executive position is offered to
a hustler. Salary and commission arrangement. Sev-
eral of our men are in the $100 per week class. We
want more of this type. This is the wrong piace for
a fellow looking for a "soft snap." Write, giving full
particulars regarding age, experience, nationality, sal-
ary expectations, etc., to Smith, Barnes <£. Strohber
Co., 917-919 Grand Ave., Kansas City, Mo.
T A L K I N G MACHINES W A N T E D .
W A N T E D — Columbia or Victor talking machines, all
styles. Give styles you have and price in first letter.
No quantity too large if price is right. Address
"Hanover," care PRESTO.
SALESMAN W A N T E D .
Excellent opportunity in western Iowa, city of 70,000
population, for salesman with small capital desiring
to establish himself in business. Address, Iowa, care
Presto, Chicago.
SALES CORRESPONDENT W A N T E D .
Old established Chicago piano house needs young man
with natural salesman's instinct to write piano selling
letters to out-of-town prospects. Must be energetic
and resourceful.
Rural training and sympathetic
understanding of home folks more essential than
technical knowledge of goods. City sales experience
not necessary; our most successful piano salesmen
come from the country. State qualifications in first
letter; age, schooling, experience, married or single,
salary to start, etc. Address, Correspondent, Box
18, Presto Office, Chicago.
STORE FOR S A L E .
FOR SALE—Music Store in good central Ohio city of
about 30,000. Established nine years. Good line of
pianos and phonographs. Owner interested in other
business. A small amount of cash required. Address
STORE C H A N C E , care Presto, Chicago.
SUPERINTENDENT WANTED.
Fact'.ry Man Wanted—A man with thorough experience
and good references wanted to fill position as assist-
ant superintendent. Assistant, care Presto, Chicago.
FACTORY M A N W A N T E D .
Wanted—A good mill room man and cabinet maker, with
good record, can secure foreman's position in a well
known piano factory. Address Foreman, care Presto,
Chicago.
A BUSINESS O P P O R T U N I T Y .
For Sale—Exclusive Music Store in a thriving Wisconsin
town, doing a fine business; stock and equipment in
perfect shape. A rare chance for one who appre-
ciates the advantages of a medium-sized town. Cash
necessary,
Apply Box 17, Presto Office, 407 So.
Dearborn St., Chicago.
SALESMAN W A N T E D .
A thoroughly experienced man for floor work. Must be
a good c «er. Kreiter Piano Co., Milwaukee, Wis.
FINISHER
SALESMEN W A N T E D .
W A N T E D — T w o first-class outside piano salesmen for
one of the strongest piano houses in the South. No
snow or ice. Excellent opportunity for hustlers.
Apply Isaac Bledsoe, Hotel Morrison, Chicago.
Represent the Artistic
in Piano and Player Piano
Construction
POSITION W A N T E D .
Highly successful music store manager experienced in
sales building, financing and profit making is avail-
able for immediate change. Young, energetic, entire
business life in only two positions, both registering
big successes. Communicate at once. Address " E n -
ergetic," Box 11, PRESTO Office, Chicago.
JACOB DOLL & SONS
STODART
WELLSMORE
BUSINESS O P P O R T U N I T Y .
Wanted—Piano Salesman desiring to locate in the very
best spot in California, must be clean cut in every
way, to Join with fine established general music store
in best town in state, of 10,000 population. Prefer
man with a little money to invest as partner in busi-
ness. Address Graber-Henrich Music House, 204 E.
Main St., Visalia, Calif.
PRODUCING MANAGER.
Manager desires position with reliable Piano House
where production would be appreciated. Address:
"Production," care Presto, Chicago.
STARR
Jacob Doll & Sons, Inc.
Southern Boulevard, E. 133rd St.
E. 134th St. and Cypresi Ava.
NEW YORK
FOR S A L E .
Established piano and small goods business located in
Quincy, Illinois. Ill health of the senior member of
the firm of Giles Brothers makes it imperative to dis-
pose of the stock at once. Will not require much
capital. Firm will assist in financing right party.
Established in 1885,—one of the finest equipped stores
in the state. Firm owns the building. A rare op-
portunity to take over a profitable business. A d -
dress Giles Brothers, Quincy, III.
T U N E R W A N T S POSITION.
POSITION WANTED—First-class tuner and player me-
chanic wants position with good house. Had several
years' experience on all makes of pianos and players.
Graduate Polk's School. Twenty-six years old, mar-
ried and a hustler. Address "R. A.," Box 9, care
PRESTO, Chicago.
STRICH & ZEIDLER, Inc.
GRAND, UPRIGHT and PLAYER
AND
HOMER PIANOS
BRIGHT LIGHTS IN THE
PIANO SHOW WINDOW
740-742 East 136th Street
NEW YORK
Experiments in Different Intensities of Light Made
by Department Store Enlightening.
The exhibition period of the piano store window
continues long after the hour of closing the store.
When proprietor and salesmen have departed the
piano or player keeps up the post for impressing the
wayfarers. In producing the quality of attractive-
ness by night, the clement of illumination has a lot
to do, so the facts learned by a searcher after causes
should be full of suggestion for the piano dealer.
A department store in Cleveland recently made a
series of experiments to determine the most effective
lighting system for its large street level show
windows.
Each window had the same number of light out-
lets, and the test was carefully planned to equalize
all factors in drawing power except that of illumina-
tion.
Different intensities of light were used for
equal periods, and the number of persons who
stopped to look in the windows during each period
was counted.
It was discovered that an increase of light costing
only 12 cents an hour had added to the attractiveness
of each window 42 per cent. The sales vakie of the
increase, measured in the number of prospective cus-
tomers drawn to the windows, was estimated to be
$18 an hour.
Kreiter
SALES AGENCY W A N T E D .
Wanted—Sales agency for Piano supplies and accessories,
by established music roll company, doing business in
Chicago and by mail all over U. S. We are in touch
with all live dealers and manufacturers, and equipped
to handle side lines. Address "Side Lines," Box 11,
Presto Office, Chicago.
Doll & Sons
TRAVELER WANTED.
Wanted—Wholesale road-man, with ability to sell high-
class merchandise, to travel in the States of Iowa,
Missouri and Nebraska.
Give full particulars In
first letter. Adam Schaaf Piano Co., 319 So. Wabash
Ave., Chicago, III.
WANTED
At our Milwaukee warerooms. Steady position.
Piano Co., Milwaukee, Wis.
"Built on Family f <-tfc"
SOMETHING TO BOAST OF.
"1 bet you wished you knowed what my mom
bought yesterday—bet you don't know—bet yon
don't."
"Whadda I care what yer mom bought?"
"Gee, can't ya guess?"
'"Automobile? Pony? Bicycle? Skates? Gee,
didn't I guess it yet?"
"No, she bought some new piano pieces."
"Shucks! That ain't nuthin*—my pop has just
bought a whole piano!"—Chicago Evening Post.
PIANOS
Our new designs are models of artistic piano
construction. More than fifty designs, a
Style for every need at a price for every purs®
AND
PIONEER SCHOOL F 0
POLKS
TUNING.
iSBJ
PIANO MEN
Jn it's 20* h year
with upwards of
1OOO
SUCCESSFUL.
GRADUATES
COURTHOUSE SQ.
Piapp °i«yer-Pi»no and Organ Tuning. Repairing, Regula-
tinr
A Voicing. Best equipped school in the U. S.
DipJt-nai awarded and positions secured. Private and elm
inti'<"dons, both sexes.
St'AoW all (A« ymmr. Uluttrmtmd car* .'•«<*«« r««.
TOLK'5 SCHOOL OF TUNING, VALPARAISO, IND
WILLIAMS
PIANOS
The policy of the Williams House ia and always
has been to depend upon excellence of product
instead of alluring price. Such a policy does not
attract bargain hunters. It does, however, win the
hearty approval and support of a very desirable
and substantial patronage.
Makers of William. Pianos.
E p w o r t h P i . n o , , n d Org.n.
PUYER-PIANOS
Correspondence with dealel r solicited.
THE STARR PIANO CO*
Banujadurtrs of
Dealers find unmatched selling points 'm th&
STARR, RICHMOND, TRAYSER and
REMINGTON PLAYER-PIANOS
STARR and RICHMOND QRM fe> PIANOS
STARR. RICHMOND, TRAYSER a! tl REMINQTOM
MANOS and PLAYER-Pf ITSIOS
Factories:
RICHMOND, INDIANA
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/

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