Classic Mode

Presto

Issue: 1923 1906

25
PRESTO
February 3, 1923
COINOLAS
FOR
RESTAURANTS, CAFES and
A M U S E M E N T CENTERS
Style SO
FROM THE BIGGEST
ORCHESTRION
Tiny Coinola
THE SMALLEST
KEYLESS
Manufactured by
The Operators Piano Co.
16 to 22 South Peoria St.
CHICAGO
BAD DEBTS ABROAD DUE
TO LACK OF CAUTION
Mystery of the Export Trade Is Why Ameri-
can Manufacturers Extend Foreign Credit
They Wouldn't Risk at Home.
While there are probably no piano manufacturers
doing business in the careless manner referred to in
the following, from A. J. Wolfe, of the Department
of Commercial Laws, the recital is instructive. It is
to Mr. Wolfe one of the baffling mysteries of export
that a person abroad, entitled to no credit whatso-
ever and receiving none in the locality where he re-
sides, can secure goods valued at $50 to $500 from
American exporters, whereas similar accommoda-
tion would be refused by the same credit grantors to
a small dealer in the United States unless he put up
some guaranty. One day's mail in the Division of
Commercial Laws shows the following sad experi-
ences in a single city of a British colony:
"A New York manufacturer of polish desires to
collect the small sum of $14.62 for goods sent to an
absolutely worthless resident of the city referred to,
who has formed himself into a limited-liability com-
pany without assets and without local repute.
"A well-known export firm in New York City has
seven accounts in this same city ranging from $135 to
$1,500. One of the debtors has absolutely no assets
and never had any. Some of the others can not be
iocated.
"A Boston firm seeks to collect $210.13 from a con-
cern, of which the American consulate writes: 'These
people have no assets, as far as I know, and bear a
very poor local reputation, indeed. I have had many
complaints from American exporters in regard to
them, and have called to see them in the endeavor
to effect a settlement of some of the claims. My ef-
forts have been completely unsuccessful, and I am
now of the opinion that it is not proper for me to
call upon them again and that such a course would
bring no results. I regret very much that an Ameri-
can firm should have entered into commercial rela-
tions with this firm without previously ascertaining
their credit standing. I believe that the claim is un-
collectible. I do not advise bringing suit in the mat-
ter in view of the expenses involved and the lack of
property of the debtors from which an execution
might be satisfied. It is always advisable in dealing
with new correspondents in this colony to obtain
proper credit ratings.'
"A firm of exporters in New York sent several
shipments to an agency in this same city which, ac-
cording to official information, does not bear a good
local reputation, and several complaints from Ameri-
can exporters had been received regarding the agency.
The concern was so worthless that legal proceedings
against it were not advised because a judgment could
not be enforced."
There exists a flourishing industry in this British
colony, generally in the hands of natives who have
been to the United States and on returning find it
profitable to send out numerous inquiries or orders
for goods to concerns advertising in American ex-
port journals, hoping that some one or other will fill
the order, but having no intention to pay for the
goods if delivered. Another prolific source of worth-
less orders and resultant impossible efforts at col-
lection is the Gold Coast of West Africa. Of course,
any experienced exporter knows that the firms in
that section of the world entitled to credit from the
United States are few and mostly have their own
branches in Liverpool.
It is utterly useless for an American exporter to
ship goods to a worthless foreign concern and then
try to set official machinery in motion in order to
collect that which is uncollectible. All of the inci-
dents described in this article could have been avoided
by the simple expedient of merely making inquiry
regarding the standing of the customer. It has
been suggested that concerns abroad ordering goods
for which they can not pay should be put in jail, but
ordering goods on credit beyond capacity of payment
is not a criminal offense. One is almost tempted
rather to suggest a penalty for credit men sanction-
ing such transactions.
MANUFACTURERS' NAMES IN
THE EXPORTERS' INDEX
Valuable Aid to Commercial Activity Open to All
Entitled to Its Influence.
The U. S. Bureau of Commerce maintains a classi-
fied index of American merchants and manufacturers
interested in oversea trade and supplies them, with-
out charge, with reserved and confidential informa-
tion on foreign trade opportunities and trade lists and
with other helpful data received from commercial
attaches, trade commissioners, consular officers, and
other official representatives abroad.
The distribution of the confidential information re-
served from the Foreign Trade Opportunity an-
nouncements, the lists of dealers and importers in
foreign countries submitted by various official trade
representatives, the confidential circulars released
from time to time, and other confidential and semi-
confidential material received in and prepared by the
Bureau is confined in general to American firms re-
corded in the special index. This is a confidential
list, the object of which is to make certain that im-
portant confidential information relating to specific
opportunities for the sale of American goods abroad,
collected at Government expense for the benefit of
American business men, is made available only to
American firms which will use it in selling American-
made products exclusively.
In order to have names recorded on the Exporters'
Index it is necessary to fill out a form, stating
whether the applicant is a manufacturer, manufactur-
ers' agent, or similarly engaged in commercial activ-
ity, and specifying the goods manufactured or ex-
ported and giving certain other details. This form
(Form 57) may be had upon application to the Bu-
reau at Washington or its district or co-operative of-
fices in several large cities.
COMMERCE AND INDUSTRY
OF COUNTRY SHOWS INCREASE
Federal Bureau at Washington Finds Improvement
in Many Lines in December.
Increases in many lines of business and industrial
activity despite the seasonal tendency to decline were
noted in the monthly survey of the Department of
Commerce.
Transportation improvement, it was said, permitted
heavier shipments of many commodities than in No-
vember, this condition being particularly noticeable in
building materials. The survey described the immedi-
ate outlook as bright and saw little effect upon do-
mestic conditions from the disturbed foreign situa-
tion.
December retail sales were of record proportions,
the survey stated, and indications were that this pros-
perity was being maintained in January, with prices
relatively stable.
MAHOGANY IN EAST AFRICA.
Two exporters of Chamfuta mahogany in Lourenco
Marques, Portuguese East Africa, desire to communi-
cate with agents of the importers in the United States
interested in this wood. The wood has already been
introduced into Europe. The lumber division of the
U. S. Department of Commerce can give further par-
ticulars in regard to this to interested firms.
In Three Parts:
1. Instruments of Established
Names and Character.
2. Instruments that bear Spe-
cial Names or Trade Marks.
3. Manufacturers of Pianos
and Player-Pianos with Chap-
ters on Piano Building and Buy-
ing designed for the guidance
of prospective purchasers.
Fac-simile Fall-
board Names of Leading Pianos
and Player-Pianos in Colors
Revised
Annually
NO PIANO DEALER OR SALESMAN
CAN AFFORD TO BE WITHOUT l f 7
IF YOU DON'T CONSULT "PRESTO
BUYERS' GUIDE" YOU ARE MISSING
OPPORTUNITIES. G E T I T NOW.
Give a copy to each of your salesmen.
Price 50 cents per copy.
PRESTO PUBLISHING CO,
CHICAGO, ILL.
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/
PRESTO
26
February 3, 1923
THE PRESTO'S WANT ADVS.
DEALERS—ATTENTION
I have a method of selling pianos and
phonographs whereby I secure a large
volume of desirable business in a very
short time. In a city of less than one
hundred thousand population, where I
did special advertising recently, I made
the dealer a net profit of approximately.
$20,000 in six weeks. My proposition
should be of interest to any dealer who
wants to make real money and make it
quickly. All you need is the stock on the
floor. I'll do the rest. Write for my
proposition in detail. Address "Real
Money," Box 33, "Presto," Chicago.
The
A BARGAIN FOR DEALERS.
Cable Piano Co., Chicago, offers 18 second-hand
pianos, boxed, f. o. b. Chicago, for $670.00, a little
less than $37.50 each. Ebony, mahogany, walnut,
rosewood and oak finishes among them. These in-
struments have not been passed through our repair
shop.
Address "Sales Manager," care The Cable
Piano Co., 301 S. Wabash Ave., Chicago.
SALESMAN WANTED.
WANTED—Competent piano salesman to take charge of
piano department in Illinois town of 45,000 popula-
tion. Address "Active," Box 9, PRESTO, Chicago.
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
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 by
Presto Publishing Co*
407 So. Dearborn St.,
CHICAGO, ILL,
STARR
ACTION MAN WANTED.
A player action factory wants good action man who can
do, and teach others, all parts of work except hard-
ware. One with some experience on coin-operated
players desirable. State age, experince and wages
wanted. Address "Action Man," Box 9, PRESTO
Office, Chicago.
"Built on Family PHOm"
Doll & Sons
Represent the Artistic
In Piano and Player Piano
Construction
..PLAYER EXPERT AND TUNER.
Position in the South or West by a thoroughly experi-
enced
player
mechanic—Ampicos,
Duo-Arts or
Weltes. Also fine tuner and bench man. Climatic
conditions the cause of change. Address "Player
Mechanic," care PRESTO, Chicago.
4C0B DOLL & SONS
STODART
WELLSMORE
COLLECTOR AND SECRETARY.
Secretary, stenographer and department manager. Un-
derstands collections and all details of piano trade.
Wishes to make change. Six years with present em-
ployer. Best references. Address ''Secretary," Box
3, PRESTO, Chicago.
FACTORY EXPERT OPEN.
Factory and player-action expert is open for a change.
Can satisfy any manufacturer as to capacity, ex-
perience and skill as an organizer. Address "Player
Action," care PRESTO, Chicago.
MANAGER FOR PIANO DEPARTMENT.
Executive with both buying and selling experience to
take full charge of a fast growing department. Ap-
plications of experienced men only will be consid-
ered. State age, references and salary desired. Peo-
ple's Outfitting Co., Detroit, Mich.
Jacob Doll & Sons, Inc.
Southern Boulevard, E. 133rd St.
E. 134th St. and Cyprus Ava.
NEW YORK
ALERT SALESMAN WANTED.
Large, aggressive manufacturer needs first-class floor
salesman to assist manager in Northwest
branch
store. Better salary than you earn now and a real
opportunity to become manager. Address "Alert,"
Box 14, PRESTO, Chicago.
CHANCE FOR A CLOSER.
WANTED—A go-getter, closer, for $100,000 corporation,
middle west, handling Chickering, Kurtzmann and
other high-grade makes, as well as Victor, Edison
and Columbia phonographs. Want a worker and are
willing to pay for it. Work will be in city of 20,000
and surrounding territory. Give record and experi-
ence as well as salary expected, age, etc., in first
letter. Address "Business," care PRESTO, Chicago.
STRICH & ZEIDLER, Inc.
GRAND, UPRIGHT and PLAYER
AND
HOMER PIANOS
FOR SALE.
Old established piano business in Southern city of 30,000.
Paying big dividends, including past three years.
Will do even better this year. Good reasons for sell-
ing. Address Good Business, care Presto, Chicago.
740-742 East 136th Street
NEW YORK
FACTORY SUPERINTENDENT.
Thoroughly competent and experienced piano factory
superintendent is open for an engagement with es-
tablished industry. May begin Feb. 1. Ample refer-
ences. Address " H . T. J . , " care PRESTO, Chicago.
MUSIC STORE FOR SALE.
A music business, established forty years ago, in one of
the best cities in Illinois, is for sale. Must be sold
soon. Everything in music is carried in stock. Lo-
cated on best business street, opposite post office and
government building. Only two stores in city of 100,-
000 carry sheet music. Low rent. Water and heat
furnished. Invoice about $8,000, but will make liberal
cut for quick sale. Address Wookey & Co., Peoria, III.
PIONEER SCHOOL FO PIANO MEN
In it's 20* h year
with upwards o€
1OOO
FACTORY WORK WANTED.
Young man, thoroughly experienced in the building of
grand and upright pianos, desires position where his
services will be most valuable. Best of references.
Address " H . R. T , " care PRESTO, Chicago.
RETAIL SALESMEN.
We can use two or three experienced, business-producing
piano and phonograph salesmen. Our salesmen must
be able to work both the city and rural trade. A d -
dress R. M. Allen, Manager, The Starr Piano Co.,
931 Main St., Richmond, Ind.
SALESMAN WANTED.
WANTED—Piano salesman. Middle aged man to work
small towns and country. Salary and Commission.
Must be good reliable man and a producer. Good
permanent position for right man. State age and ex-
perience in first letter; also salary and commission
expected. Rhoades Music Company, Pratt, Kan.
PARLOR ORGANS.
FOR SALE—We have ready for shipment a carload of
organs. A l l are high topped with mirrors and In good
playing condition. List submitted on request. Write
for prices. Address "Mirror Top," care PRESTO,
Chicago.
A BUSINESS OPPORTUNITY.
WANTED—Partner who can invest from $3,000 to $5,000
in an old established piano business. Must be a prac-
tical man and thoroughly reliable. Do not need the
money, but need the assistance of a good, trustworthy
business man. Address "Partner," Box 66, PRESTO
Office, Chicago.
FOR SALE.
Established piano and small goods business in one of
the best cities in the Middle West. Might consider
partner or manager if the right party could be found.
Business making good. Ill health reason for selling.
Address Giles Brothers, Quincy, III.
PIANOS
Our new designs are models of artistic piano
construction. More than fifty designs, a
Style for every need at a price for every purse
A IN
SUCCESSFUL
GRADUATES
COURTHOUSE S(4
VALPARAISO. IND.
Piano °layer-Piuio and Organ Tuning, Repairing. R g
tinr A Voicing. §ett equipped school in the U. S.
Dip^na* awarded and position* secured. Private and clam
instri'-tionj, both sexes.
School all thm ymar. Illuitrmfd cmt*i*g u u rmm.
FOLK'S SCHOOL OF TUNING, VALPARAISO, IND
WILLIAMS
PIANOS
The policy of the Williams House is and always
hag 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.
M
«ker. of William. Pianos,
Epworth Piano, and Organ.
PUYER-PIANOS
Correspondence with dealei I solicited.
THE STARR PIANO C0i
J&a*itfaaw*rs of
find unmatched selling points to th&
STARR, RICHMOND, TRAYSER and
REMINGTON PLAYER-PIANOS
STARR and RICHMOND GRA •!> PIANOS
STARR* RICHMOND, TRAYSER aJ U REMINQTON
PIANOS and PLAYER-!* KNOS
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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