Presto

Issue: 1923 1904

PRESTO
The American Music Trade Weekly
PUBLISHED EVERY SATURDAY AT 407 SOUTH DEAR-
BORN STREET, OLD COLONY BUILDING, CHICAGO, ILL.
Editors
C. A. DAN 1 ELL and FRANK D. ABBOTT
Telephones, Local and Long Distance, Harrison 234. Private Phones to all De-
partments. Cable Address (Commercial Cable Co.'s Code), "PRESTO," Chicago.
Entered ai second-class matter Jan. 29, 1896, at the Post Office, Chicago, Illinois.
under Act of March 3, 1879.
Subscription, $2 a year; 6 months, $1; Foreign, $4. Payable In advance. No extra
charge in United States possessions. Cuba and Mexico.
Address all communications for the editorial or business departments to PRESTO
PUBLISHING CO., 407 So. Dearborn Street, Chicago, III.
Advertising Rates:—Five dollars per Inch (13 ems pica) for single insertions.
Complete schedule of rates for standing cards and special displays will be furnished
on request. The Presto does not sell Its editorial space. Payment Is not accepted for
articles of descriptive character or other matter appearing In the news columns. Busi-
ness notices will be Indicated by the word "advertisement" In accordance with the
Act of August 24, 1912.
Photographs of general trade interest are always welcome, and when used, if of
special concern, a charge will be made to cover cost of the engravings.
Rates for advertising in Presto Tear Book Issue and Export Supplements of
Presto will be made known upon application. Presto Year Book and Export issues
have the most extensive circulation of any periodicals devoted to the musical In-
strument trades and Industries in all parts of the world, and reach completely and
effectually all the houses handling musical instruments of both the Eastern and west-
ern hemispheres.
Presto Buyers' Guide is the only reliable index to the American Pianos and
Player-Pianos, it analyzes all instruments, classifies them, gives accurate estimates
•f their value and contains a directory of their manufacturers.
Items of news and other matter of general interest to the music trades are in-
rited and when accepted will be paid for. All communications should be addressed to
Presto Publishing Co., 407 So. Dearborn Street. Chicago, III.
SATURDAY, JANUARY 20, 1923.
PRESTO CORRESPONDENCE
IT IS NOT CUSTOMARY WITH THIS PAPER TO PUBLISH REGU-
LAR CORRESPONDENCE FROM ANY POINTS. WE, HOWEVER,
HAVE RESIDENT REPRESENTATIVES IN NEW YORK, BOSTON,
SAN FRANCISCO, PORTLAND, CINCINNATI, INDIANAPOLIS, MIL-
WAUKEE AND OTHER LEADING MUSIC TRADE CENTERS, WHO
KEEP THIS PAPER INFORMED OF TRADE EVENTS AS THEY HAP-
PEN. AND PRESTO IS ALWAYS GLAD TO RECEIVE REAL NEWS
OF THE TRADE FROM WHATEVER SOURCES ANYWHERE AND
MATTER FROM SPECIAL CORRESPONDENTS, IF USED, WILL BE
PAID FOR AT SPACE RATES. USUALLY P.IANO MERCHANT8 OR
SALESMEN IN THE SMALLER CITIES, ARE THE BEST OCCA-
SIONAL CORRESPONDENTS. AND THEIR ASSISTANCE IS INVITED.
ADVERTISING INFORMATION
Forms close promptly at noon every Thursday. News matter for
publication should be in not later than eleven o'clock on the same
day. Advertising copy should be in hand before Tuesday, five p. m.,
to insure preferred position. Full page display copy should be in
hand by Monday noon preceding publication day. Want advs. for cur-
rent week, to insure classification, must be at office of publication not
later than Wednesday noon.
LYON & HEALY STOCK
Music as a business has broadened until it now belongs to the
world-interests just as much as do any of the other lines of industrial
and commercial enterprises. For a great many years—from the very
first beginning until comparatively recent times—music as a trade
has seemed to belong to the almost exclusive order of life's activities.
The music stores have seemed as the links between profession and
public; the half-way places at which Orpheus, Apollo and the gods
rested between their flights into the empyrean. People did not re-
gard them as they did the shopping places of the more "material"
things.
That is a condition of the past. Music in its commercial aspects
has become as substantial and practically productive in a larger way
as other lines of everyday and universal attainment. This is now rec-
ognized by the world of finance. Investment is discovering that cap-
ital is safe and that dividends are as liberally certain in the music
business as anywhere else.
That's why two great general music houses have of late Invited
the public to share in the results of their development and enterprise.
And one of the two is such a business institution as presents an ab-
solute guarantee to investors. Lyon & Healy, of Chicago, has thrown
open the possibilities of its great name, and its nearly sixty years of
steady growth, to the public. Stock to the sum of $2,500,000 will be
distributed among investors who realize that 7'Jo interest guaranteed
January 20, 1923.
opens opportunities not often presented in this day of closing gates
and drawing in of generous dividends
When in 1864 the late Mr. P. J- Healy went from Boston to Chi-
cago and established the house which long ago became famous he
could have had no vision of the dimensions of the business as it is to-
day. Chicago was then but little more than a frontier town. The
Civil War was still raging, and the outlook could not have been very
bright. But the then new house of Lyon & Healy was founded upon
a rock. It grew rapidly and despite a series of disasters by fire—one
of which totally wiped away all vestige of Mr. Healy's great attain-
ment, save those intangible but most valuable assets, of honor, credit
and courage—the house has persisted and is today the strongest and
"largest in the world."
Particulars of the popular distribution of stock in the house of
Lyon & Healy were given in last week's Presto. Further details are
told this week. And the broadening of the great business is, we, re-
peat, the best possible evidence of the larger place to which music,
in its industrial and commercial aspects, has attained within the past
few years.
. And the distribution of Lyon & Healy stock opens an unusual
avenue of opportunity for conservative investors.
•f
A CHICKERING CENTENARY
In less than three months more the Chickering piano will enter
upon the second century of its distinguished career. The mere state-
ment is enough to cause a thrill of pride in any piano man who likes
to follow the history of American music. A hundred years ! A full
century of a stately, on-moving piano industry, in which there is not
a blemish, not a blot, upon the written story of its ambitions.
That is a great deal for the lovers of American art to consider.
I t is a large and never-failing asset in the affairs of every piano dealer
who may be so fortunate as to be an accredited Chickering represen-
tative. And it must be interesting to any piano man, possessed of
even small imagination, to picture conditions in the piano world at the
time Jonas Chickering and his partner, John McKay, opened the
little factory in Tremont street, Boston, on April 14, 1823.
In a brochure designed to celebrate the eightieth anniversary of
the Chickering piano, published in 1903, the story of the oldest em-
ployee of the Boston industry appeared. It reproduced the contract
made between David T. Haraden and Jonas Chickering, by which the
apprentice agreed to "come to his work early and stay in the factory
or warerooms till nine of clock in the evening." The agreement was
to continue for six years, and the compensation, which in that early
period was considered ample, was $6 per week for the first year, with
an increase of $1 weekly for each succeeding year. The contract
bears date of February 25, 1836, or seven years after the dickering
industry began. Consider that, you piano toilers of today who "draw
down" from $5,000 to $25,000 annually and are still not satisfied.
And the hours of work by the apprentice were the same as those
of Jonas Chickering himself! That was the way the "father of the
American piano" worked. It was the way the pioneers in all branches
of business toiled when the nation was young. And the Chickering
piano has made history incomparable in the piano world. It has
moved forward in the dignified and splendid manner of an industrial
victor. There is nothing in its history that does not reflect credit
upon the piano industry and trade. No other name seems to shed so
great a luster upon the business by which the world is made better and
the higher aspirations of all classes of people are encouraged and made
secure.
April 14, 1923. is a date of great significance to the piano trade.
The Chickering is the first American piano to pass the century mark,
with a continuous career of unchanged ambitions arid a name to the
fame of which generations of one family have succeeded, until the
immediate male line became extinct. And even then the continuity of
energy and progress still rested upon the descendants of the first
workers in the old Boston industry.
There are men in most of the Chickering departments today
whose forebears worked there before them. The noble factory itself
is the same that was planned by the founder of the house and com-
pleted shortly after his death. Three sons of Jonas Chickering de-
voted their lives and their genius to carrying forward the ambitions
of their father. And they passed on after long lives of consistent
striving and left, in turn, the added impress of their own distinctions,
by which the Chickering piano had profitted and pressed forward.
One hundred years seems a long time for an American piano to
have lived. It suggests that we must cease to regard our country as
one that is "young"! But it suggests also that the American piano
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/
5'
PRESTO
January tO, 1928.
which was founded by Jonas Chickering in 1823, has arrived at a place
of wonderful power and dignity, especially when considered that every
one of the hundred years has added to the fame and honor and the
progress of one of the greatest triumphs of the world of music.
As the only trade journal associated with pianos that has on its
staff one who was also, in his early days, associated with Chickering
& Sons, the only man who can claim the unique good fortune of hav-
ing put forth a paper designed to sustain the Chickering interests,
Presto will have a special Chickering Number to commemorate the
one hundredth birthday of the famous Boston piano. It will be the
issue of April 14, the very date of the founding of the house of Chick-
ering & Sons, a hundred years before. It will be an issue of Presto
in which the Chickering industry will have no direct participation,
but in which every Chickering dealer must have an interest in a very
large sense.
It will be a Chickering Number because we have a great deal of
Chickering history to recall—history of almost exclusive nature and of
peculiar trade interest and instructiveness.
When an American piano attains to its centenary majority it
seems to be a duty of the American Music Trade Weekly to make
something more than passing note of so significantly important an
occasion.
PIANOS IN WORK SHOPS
A piano man has advanced an idea which at first seems heretic
but may, after all, be meaty with truth and commonsense. It is that,
in the intense efforts to create a greater love for music, and to force it
upon the public, there is danger of tipping the scales the wrong way
and killing the end in view. While it is impossible to surfeit the
world with music, it may be possible to cause the instruments of
music to become so familiar, in a way, as to dull the desire for them.
"All objects lose by too familiar a view," says Dryden. And an-
other writer has said that "familiarity and satiety are twins." Apply
this thought to the propaganda of pianos in factories and workshops,
and you get the meaning of what the piano man said.
It is commonly repeated that the buyers of pianos are the "work-
ing people." The daughters of the average homes are the best pro-
moters of the piano business. They stimulate the sales. It would
not long be a business if the piano dealers were obliged to wait for
buyers of expensive reproducing pianos for the exercise of their
everyday activities. While today the elegant and really marvelous
instruments that "re-enact" the pianistic wonders of the great artists,
make a considerable share of the business, it is the average piano, and
the upright pianoplayer, that keep the dealers active and alive. To
kill the desire for those instruments would be to put an end to the
piano trade. And the way to kill the desire is to spoil the ambitions
of the average home to own one of them.
And who can think other than that the introduction of the piano
to the factory and workshop will work to the killing of piano desire
on the part of the workers? Make the piano a part of the sordid grind
of the daily toil, and, while it may in some degree stimulate the
workers to toil, harder, it will become, by reason of its association with
the day's sordid work, so familiar as to lose its charm. The familiar-
ity will breed almost distaste. The toiler will not care to bring the
companion of his day's toil into the home, where it will keep up the
EILERS PIANO HOUSE ACCOUNTS
APPEAR TO BE IN BAD SHAPE
Best Asset Is the Portland Branch, But May Take
Time to Figure Conditions.
The report of the auditor to the receiver of the
Oregon Eilers Music House, of Portland, Oregon,
shows that there are about 480 creditors, only three
of whom have secured claims, while thirty-four are
not found listed on the ledger of the concern, and the
balance of the claims, amounting to about 445, are
unsecured. The schedule was filed by the receiver in
the Federal court, and it was stated that the ac-
counts of the firm were in such shape that it was ab-
solutely impossible to compile an accurate schedule.
According to the report of the receiver, the liabili-
ties amount to approximately $128,488.12, while the
assets amount to $102,913.20, but the receiver ad-
mitted that the finding was only tentative.
According to the report, "the books are in very bad
condition, there being no postings since September
30, and the accounts of creditors have been ignored
tuneful record of the day's drudgery, now grown discordant, often,
because of the mental pictures it conjures up.
Music may be a good tonic. It may cause the toiler's lingers to
move nimbly, and it may not do any harm to the interests of the em-
ployer. But it may do harm to the cause of music, and it is almost
certain to hurt the business of the piano dealer. It even may be "too
much piano." Who doubts it ?
There is, they say, "a place for everything. The sweat-shop, the
abattoir, the shoe factory—any of the day-grind places of toil, are not
good places for pianos. They do not belong there. They have a
blessed influence in the workers' homes. Don't let the silly senti-
ment of music-mad enthusiasts, who know little or nothing about
shop conditions, "get away" with such rubbish as that pianos in
places of toil are soul-savers or energy creators. It isn't so. Pianos
breed refinement in the homes. In cabarets and work-shops they do
almost anything else. And, if nothing worse, in such surroundings
they may deaden the desire of possession, "dull the edge of percep-
tion" and "breed contempt."
History keeps on doing its stunt of repeating. At the recent
music teachers' convention in New York, Mr. Williams Arms Fisher,
of the Oliver Ditson Co., told of his successful expose of the fake song
publishers' trick in the "poems wanted" fraud. He told of sending a
set of verses to the pretenders, with the customary result. The same
thing was done by Presto more than ten years ago, and the result
was described in this paper. In our own case, however, the "verses"
were so palpably absurd as to make the song fraud publishers so
ridiculous as to clearly show up their nefarious purposes and arrests
followed.
* * *
The intricacies of the Income Tax were illustrated by the true
story of a Chicago music concern which, upon having its 1917 re-
turns gone over by a government expert, was found to have paid
more than twice the amount that Uncle Sam's representative could
find. A rebate was entered in behalf of the honest music concern.
Don't you go and make the same mistake, you honest piano dealers!
* * *
Several piano dealers have written to Presto for the address of
"cheap" pianos ready for prompt delivery. They're iiot easy to find.
Piano manufacturers are about tired of trying to see how cheap they
can sell their products. Perhaps in time we may have a few mil-
lionaire piano makers. Some of them desire the wealth they have
never gathered.
* * *
Have you noticed how completely the fads in piano manufacture
have faded out? We hear no more of the "tunerless" piano, and the
"harp attachments" have ceased to create bewonderment. Even
Platt Gibbs' Circus Grand seems to have become silent.
* * *
There is no sign of a decrease in the demand for small Grands.
The marvelously small prices asked by some of the manufacturers is
the best possible evidence of what perfect facilities of production
may do, even in an art industry.
* * *
And now the joys of filling out the income tax report have come
again. It will keep some piano men busy a week. Others know in
advance just how little they owe.
since August. The papers are in confused masses in
different parts of the offices and a part of the books
have not yet been located."
The report states that the lease contracts were kept
up in the accounts until November. Many entries
were found which had no support of notes or papers
of any kind.
"A balance of $63,908.42 in Spokane is the one large
account," says the auditor, "that may have a definite
value as an asset. It is impossible to make an ap-
proximately correct schedule of the assets."
The unsecured claims against the bankrupt house
range all the way from a few cents to thousands of
dollars.
NEW YORK SCHOOL PIANOS.
Twenty-seven grand and twenty-eight upright
pianos were recently contracted for by the Board of
Education of New York City. The award for the
twenty-seven grands went to Hardman, Peck & Co.,
New York, and Krakauer Bros., New York, received
an award for fourteen uprights, a similar number
being ordered from Vissner & Sons, Inc. It is ex-
pected that deliveries will be made early this coming
spring.
NEW MACHINERY FOR
HENRY G. JOHNSON PIANO CO.
Active Plant in Bellevue, la., Gets New Sanding and
Rubbing Machines.
;-'
The social distractions of the week between Christ-
mas and New Year did not disturb activities in the
factory of the Henry G. Johnson Piano Co., Belle-
vue, la. Not only was there no let-up in the en-
deavors of the various departments of the new model
factory to catch up with orders, but improvements of
an important kind were added to the facilities of the
plant.
During the week between Christmas and New
Years, the company installed three new sanding ma-
chines and one rubbing machine at a cost of $7,000.
Henry G. Johnson, president of the company, says
he expects to turn out at least 5,000 pianos during the
year 1923, which will mean nearly 100 pianos a
month. He expects to increase his force of employei
to 200 by February 1 in order to complete this num-
ber of pianos.
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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