PIANO PLATE FOUNDRY BONDS
OFFER SOUND INVESTMENT
Superior Foundry, of Cleveland, Issue of $700,000 in
Mortgage Securities, Is Commended.
The Chicago Tribune's "Financial Guide" column
of this week, Thursday, had the following item of in-
terest to the piano industry and all investors:
"The Superior Foundry Company, Cleveland, O.,
is a. large manufacturer of gray iron and semi-steel
castings. It has been successfully in business since
1901. It recently issued $700,000 first mortgage 7 per
cent bonds secured by a closed first mortgage on all
fixed properties now owned or hereafter acquired.
"These properties are appraised at a sound depre-
ciated value of $1,938,758, or over 2^4 times this bond
issue. As of September 30, 1923, after giving effect
to this financing, net tangible assets amounted to
$2,500,974, or $3,572 for each $1,000 bond of this
issue. Net earnings, after depreciation but before fed-
eral taxes, for the seven years and nine months ended
September 30, 1923, averaged $193,200 per annum, or
The LEADING LINE
WEAVER PIANOS
Qrands. Uprights and Players
Finest and most artistic
piano in design, tone and
construction that can be
made.
YORK PIANOS
Uprights and Player Planoa
A high grade piano of great
vaiue and with charming tone quality.
Livingston Pianos— Uprights and Player Piano*
A popular piano at a popular price.
Over 70,000 instruments made by this company are sing-
ing their own praises in all parts of the civilised world.
Write loi catalogues and state on what terms you would
like to deal, and we will make you a proposition if yi a are
located in open territory.
WEAVER PIANO CO., Inc.
Factory: YORK.
P
V
Established 1870
WEBSTER PIANOS
about four times the maximum annual interest re-
quirements on this bond issue.
"The bonds mature serially, $40,000 to $60,000 per
annum from December 1, 1925 to 1938, inclusive, thus
reducing the debt and increasing the margin of secur-
ity each year. These bonds are a sound investment."
AMONG THE WEEK'S TRADE
VISITORS TO CHICAGO
ATTRACTIVE
PRICES
Executive Offices
138th St. and Walton Ave.
New York
Division W. P. HAINES & CO., Inc.
PIANOS and PLAYER PIANOS
GRANDS and UPRIGHTS
Have no superiors in appearance, tone
power or other essentials of strictly
leaders in the trade.
Warning to Infringers
This Trade Mark is cast
in the plate and also ap-
pears upon the fall board
of all genuine Schumann
Pianos, and all infringers
will be prosecuted. Beware
of Imitations such as Schu-
mann & Company, Schu-
mann & Son, and also
Shuraan, as all stencil
shops, dealers and users of
pianos bearing a name in
imitation of the name
Schumann with the inten-
tion of deceiving the public
will be prosecuted to the
fullest extent of the law.
TftAPE MARK
New Catalogue on Bequest.
Schumann Piano Co.
W. N. VAN MATRE, President
Rockford, 111.
M^
EST. 1856
& SON
Grand, Upright
and
Welte-Mignon
This week there were several important trade
visitors in Chicago and all had good reports to make
as to trade conditions in their respective territories.
Among the callers were Will A. Wood, west coast
representative of the Price & Teeple Co., who said
the piano trade in the west was excellent. P. A.
Lehman, of the Lehman Piano Co., St. Louis, Mo.,
who also reported a fine business in the Mound City.
Mr. Lehman said that last month was the biggest
December he had experienced in the history of his
business.
A. T. Rapp and George L. Lennox, of the Rapp
& Lennox Piano Co., Indianapolis, Ind., were also
Price & Teeple visitors. Both gentlemen were
elated over their good business.
Reproducing
OPENS IN CANTON, O.
(Licensee)
(Electric)
Pianos and Players
of Recognized
Artistic Character
Made by a Decker Since 1856
699-703 East 135th Street
New York
Pian-O-Grand
The Strassner-Custer Music Co., Canton, Ohio, a
new retail music house, was opened for business re-
cently at 209 Cleveland avenue. The store handles
everything in the musical line. At the head of the
concern are W. E. Strassner, a lifelong resident of
Canton, who has been an instructor in music in the
public schools there for many years and who con-
ducted a school for vocal instruction at the location
of the new store. Associated with him is W. F.
Custer, who also is a native of Canton but who has
not had previous experience in musical instrument
merchandising.
E. H. STORY IN CHICAGO.
E. H. Story, Pasadena, Calif., president of the Story
& Clark Piano Company, is in Chicago this week.
Mr. Story has become so accustomed to the trip from
sunny California to this winter's zero headquarters
that he seems like a commuter. He will look after
some special affairs in the old house on Wabash
avenue this trip, though he has given at no schedule
of his intentions this trip.
Style 3
EVERY MAN, WHETHER
Directly or Indirectly Interested in
Pianos, Phonographs or the General
Music Trade
Should have the three booklets compris-
ing
Schumann
DECKER
Reports from Various Parts of the Country Promise
a Very Live Spring Season.
Noted for Their Musical Beauty
of Tone and Artistic Style
Factory
Leominster,
Mass.
17
PRESTO
January 26, 1924.
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.
You want Presto; you want the Presto
Trade Lists. They cost little and return
much. Why not have them?
Published by
Presto Publishing Co.
417 So. Dearborn St.,
CHICAGO, ILL.
With Xylophone or Bells and Banjo
Attachment
With the roll on top it makes it easy
to change roll: Transmission is very
simple and reliable; Rewind is positive;
Tempo easy to regulate; a four-way
pump is used which is very effective; Soft
and Loud control can be set at will;
Large coin box and Reliable Magazine
Slot.
Send for Descriptive Circular
NELSON-WIGGEN PIANO CO.
CHICAGO, ILL.
The Only
Completely
Equipped
School in the
United States
Twenty-Third Year of Successful
Operation — 20,000 Graduates
Every branch taught, including Repairing,
Regulating and Voicing—All Player Actions,
with Demonstrating Specimens to work with.
Diplomas awarded and positions secured. Pri-
vate and class instructions. Both sexes.
School all year. Catalogs on request
POLK'S TUNING SCHOOL
WELXARD R. POWELL, President
VALPARAISO, IND.
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