Presto

Issue: 1929 2218

15
P R E S T 0-T IMES
February 2, 192<)
COMPLETE DRUMMERS' OUTFITS
Eight Combinations of Bass and Snare Drums,
Tympani and Traps Included in Conn Line.
Complete drum outfits are now made by the lead-
ing drum manufacturers and the importance of the
drummer in the orchestral scheme is shown in the
wide range of drums and drummers' accessories
available for the professional or ambitious amateur.
The growth of dance orchestras, both in number, size
and musical accomplishment, have vastly increased
the demand for the full drum outfits.
The drummer's outfit, besides bass and snare
drums, may include instruments of percussion that
are now considered necessities for the drummer, such
as tympani, marimbas, xylophones, bells, tambou-
rines, wood blocks, gongs, cymbals and tomtoms.
This department of C. G. Conn, Ltd., Elkhart,
hid., in addition to providing the completed instru-
ments and accessories, also has a section far repair
or replacement parts, such as drum heads, cases,
extra rods, sticks, hoops, etc. For the professional
drummer the company has many special combina-
tions in outfits, notably the "Tuxedo Ralhoom Out-
lit"' which is complete in everv sense of the word.
There are seven other drummers' outfits in the C. G.
Conn line. The Conn Utility Outfit is for the drum-
mer who must have professional equipment, but who
does not feel justified in investing a great amount
of money.
Mudio, William P. Carleton, Bryan Hughes, Harold
Hartsell, Buford Hampden, Gerald Lingard, Arthur
Barry, Harold Thomas, Frank Holman, Tom Man
ning, George Macready and many others.
This is a new "Macbeth." The novelty is provided
in the "designmeut" by Gordon Cra'g, the distin-
guished Continental artist who is regarded as the
outstanding figure in the world's theater. It is by
far the largest Shakespearean production ever staged
in America. This may lie said to be the dramatic
event of a lifetime.
Every device has been employed to enrich and to
bring out the dramatic situations and the poetic
qualities of Shakespeare. There is pomp, pageantry,
poetry; trumpeters, pipers, singers, trouhadors, tum-
blers; color and movement and beauty on a scale
commensurate only with grand opera. One hundred
people are used in the presentation.
For the first time a great Shakespearean play i<
presented with the dramatic act : on stressed by a
tempo faster than that of the old school, yet pre-
serving all the poetic beauty of the play. I May, play-
ers, scenic and costunrc designment and music repre-
sent all that is best in the arts of the theater.
This presentation is considered by critics of the east
as the greatest achievement in the long career of
George C. Tyler, who has successfully presented such
notable all-star revivals as "'The Rivals," "Trelawnv
of the Wells," "Diplomacy" and "She Stoops to Con-
quer."
T. L. LUTK1NS IMPRESSED
Head of Great Leather Manufacturing Con-
cerns, New York, Sees Evidences of Im-
proving Business on Recent Trips.
In his recent trip which covered several Fastern
cities and 'Toronto and Montreal, Canada, as well.
T. L. Lutkins, Inc.. leather manufacturer, 40 Spruce
street, New York, found numerous pleasant evidences
of an improved piano trade. Among the commodi-
ities made by the house are fine leathers for the
musical instrument trade, and an increased interest in
these was significant of a proportionate increase of
activity in the music trade.
The preparations for the music goods trade by
T. L. Lutkins, Inc.. is more complete than ever
before. One ni the most interesting specialty houses
supplying piano materials is that of pneumatic leather
manufacturers. That variety of leather is a specialty
with this house, and vast stocks of great variety
always await the orders of the player-piano manufac-
turers.
T. L. Lutkins, Inc., is the only house of its kind
devoting special attention to the requirements of the
music goods manufacturing industry. In fact, great
stocks of leather carried by this house are used solely
by manufacturers of pianos, players, organs and pneu-
matic actions. The house is a pioneer in that species
of leather tanning. 'The skins are selected from the
best varieties obtainable, and rigid inspection of every
NATIONAL ANTHEM PRELIMINARY.
Ten writers selected to receive $100 each in the skin before and after tanning is a policy of the house.
The importance of fine leathers in the manufacture
national anthem preliminary competition sponsored
of organs, pianos and player-pianos naturally draws
by Mrs. Florence Brooks-Aten were announced last
Great Presentation with Brilliant Stellar Cast Begins week. They are Edwin Markham, Arthur Guiterman, attention to a specialty leather house like that of T.
Engagement in Chicago Under Able Management.
L. Lutkins, Inc., exporter and manufacturer of all
Grantlancl Rice, Berton Braley, Angela Morgan, John
kinds of leather reqtrred by the music goods industry.
After two weeks of tremendous business in De- Moffit Jr., Frank B. Cowgill, W. Scott, Minna Irving
The music industry has been indebted to th's house
troit and Cleveland, George C. Tyler's epoch-making and Mary Perry King. The selections were made by
through
three generations, beginning with Theodore
Lambert
Murphy,
judge
of
the
contest,
and
his
asso-
production of Shakespeare's "Macbeth" began cm
L.
Lutkins.
Monday, January 2H, an engagement of three weeks ciate judges. Dr. Sigmund Spaeth, Witter Bynner
at the Chicago Auditorium. The brilliant stellar cast and Reinald Werrenrath. Five thousands dollars re-
VICTOR OFFICAL RESIGNS.
is headed by Florence Reed as Lady Macbeth, Lynn mains to be apportioned in the linal contest, ending
E. R. Fenimore Johnson on January 26 resigned
Harding in. the title role, and William Farnum as February 1. Kdwin Markham submitted "New
Macduff. Fred Erie will be seen as Banquo and America," taking as his text the words of Theodore as executive vice-president of the Victor 'Talking
Douglas Ross, as King Duncan. Others prominent in Roosevelt: "Brotherhood is the American ideal." He Machine Company. He will remain a director and
member of the executive committee.
the cast are T'ercival Vivian, Olive Oliver, Leonard suggested five stanzas.
SHAKESPEARE AT AUDITORIUM
WESSELL, NICKEL & GROSS
MOVING TRUCKS
Manufacturers of
for
PIANO ACTIONS
HIGHEST GRADE
ONE GRADE ONLY
PIANOS
The Wessell, Nickel & Gross action is a
guarantee of the grade of the instrument
in which it is found.
4StbSt.,10thAT«. &W46th.
NEW YORK
Orthophonic Victrolas
Electric Refrigerators
457 W. 45th Street
Write for catalog and prices for End Trucks, Sill
Trucks. Hoists, Covers and Special Straps.
JULIUS BRECKWOLDT & SON, INC.
Manufactured by
DOLGEVILLE. N. Y.
Self-Lifting PianoTruck Co,
Manufacturers of
FINDLAY, OHIO
Piano Backs, Boards, Bridges, Bars,
Traplevers and Moulcfings
J BRBCKWOl-DT. Pireo.
THE O. S. KELLY CO.
W. A. BRECKWOLDT. S*c. & Trea».
IN/lsrtufsG-tcirers
of
Might
Grade
PIANO PLATES
PRESTO BUYERS' GUIDE
TELLS ALL ABOUT ALL PIANOS
SPRINGFIELD
XH E CO MSTOCK, C HENE 1 Y
IVORYTON, CONN
-
-
OHIO
& CO.
IVORY CUTTERS
SINCE 1834
MANUFACTURERS OP
Grand Keys, Actions and Hammers, Upright Keys
Actions and Hammer , Pipe Organ Keys
Piano Forte Ivory for the Trade
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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/
February 2, 1929
PRESTO-TIMES
16
U N E M P L O Y E D MUSICIANS.
"What are we going to do with the 10,000 musi-
cians displaced by sound devices?" asked Senator
Couzens at a Senate hearing recently. "Put them to
digging ditches or send them back to the farm?"
How to take care of the man shoved out of his job
by a machine—a sound device for reproducing music
in theaters—is a problem the Senator would like to
solve.
The Growth
of Your Business in
Band and Orchestra Instruments
Depends on the Prestige of the
Manufacturer in Producing Meri-
torious Goods.
That Is Why an Agency for
the Products of
C. G. CONN, Ltd.
ELKHART, IND.
is an Assurance of Success in
the Band and Orchestra In-
strument Field.
The Successes of C. G. Conn,
Ltd., Are Due to the Perfect
Scientific Processes in Pro-
ducing Instruments of the
Highest Tonal Value.
DISCRIMINATING MUSICIANS
Appreciate Their Tone.
WORLD-FAMED BANDMASTERS
Proudly Proclaim Conn Instruments to
Be the Greatest Aids to the Best Band
Music.
SUCCESSFUL MUSIC DEALERS
Attribute Their Triumphs in Selling
Band and Orchestra Instruments to the
Potency of the Name and World-Known
Merits of the Great Line Made by
THE BUSINESS
OUTLOOK A TOPIC
In Talk of General Interest Delivered Before
the Lions Club, E. F. Lapham Gives Views
on Conditions, Causes and Possible
Developments for 1929.
E. F. Lapham, widely known to the music trade,
in which he spent a number of years, some time
since engaged in another form of business. But Mr.
Lapham expresses the belief that his experiences in
the music business equipped him in an admirable way
for his new activities and this fact he is free to voice
on any occasion. In a talk before the Lions Club in
Chicago recently Mr. Lapham gave interesting facts
from his experiences to illustrate his views on busi-
ness topics. Mr. Lapham said:
I was requested to say something to you on the
trend of things or what the outlook is for 1929. A
year ago I talked of 1928 before several organiza-
tions, saying anyone who did as well in 1928 as in
1927 could be satisfied as there would be about the
same volume of business done. The year started
poorly, but it more than made up for its early slow-
ness later on. The Central Trust Company in a sum-
mary recently stated as I had forecast, that the actual
facts were that the business done in 1928 was prac-
tically the same in volume as in 1927. So you see
prosperity marked time in 1928, unless an ex-
ception be made of the stock market.
Moody's Investment Service, one of our authorities,
says, referring to stocks: "This is only the fourth
period in the history of finance when the haphazard
buying of anything and everything showed a profit.
The former periods were from 1857 to 1864, 1877 to
1881, 1897 to 1901." They believe that the next few
years should present opportunities for even larger
profits. The future should be the best in the history
of the country." The only thing the matter at the
present time is inflation of financial credits or the
high cost of money.
Mr. Harry Wheeler says the only discordant note
in future prosperity is high priced money. He does
not know why it is so high priced, but it is a dan-
gerous factor which, if it lasts, will eventually affect
the prices of commodities, and it is already affecting
collections. When merchants must pay 7 per cent
at their bank there exists a dangerous condition.
Rates of Call Money.
To my mind the high interest rate of call money
is due to two causes. First, on account of our send-
ing out of the country some $500,000,000 of gold
during the past year. The second, the fact of the
furious buying of stocks, which has increased brokers'
loans 40 per cent this year. Everybody from the ele-
vator boy up is in the stock market with the idea of
getting rich quick. As the market has gone only
one way, everyone has made money, but we must
remember that what goes up must come down, but
not back to the old level of former prices.
At this time stock prices arc selling about 16 times
their earnings per share, while in past radical bull
movements it has been only 12 times. For stocks
to be really worth their present earnings, nearly all
of their earnings would have to be paid in dividends
leaving nothing for depreciation or replacements. A
long sustained bull market is practically impossible
in the face of abnormal high interest charges for
collateral loans.
Mr. Babson recently said an}' time stocks are pay-
ing between 4 and 5 per cent and money is worth
twice these figures on call it is no time to own
stocks. However, the stock craze will not always
continue in its recent mad career and there is sure to
be a readjustment. A higher level than in the past
undoubtedly will be established for them, but there is
no evidence that major fluctuations will not occur as
usual in such a case.
While stocks hold the public attention there are
many other things to be considered that are funda-
mental to prosperity.
Speaks of Bonds.
Following stocks, I should, perhaps, speak of bonds,
which have absorbed vast sums in the last several
years. Many do not know the reason why stocks,
being so high, bonds should be off a point or two
in price. The answer is simple: large corporations,
life insurance companies, banks, etc., usually invest
or keep their capital employed by buying bonds.
But with bonds having a safe top price of 6 per cent
interest, these people now send their money to New
York on call, thus obtaining 8 per cent or more.
With a readjustment of stock prices and money on
a normal basis you will see bonds immediately ad-
vance in price.
It may be of interest to state the consensus of
opinion is that the best class of bonds to purchase
are utilities. Not. however, the pyramided holding
companies which are so high in construction that one
who tries to analyze them becomes dizzy.
Electricity is a necessity, and its constant expansion
is due largely to the steadily increasing uses which
are being found for electric energy. There are at
least three thousand uses for electricity. This is a
cash business and its financing has such large dis-
BANG!—WE'RE OFF!
Over 1000 orders were filled the past month to
Professional Artist for this "Song." In every
State of U. S. A.
THE MAN THAT CATCHES ME MUST
HAVE THE GOOD HARD CASH
(Comic with Extra Verses)
Regular Trade Price—Retails at 35c
Write for Special Introductory Rates
(Unsold copies can be exchanged.)
J. S. UNGER MUSIC HOUSE, Publishers
Reading
.
.
.
Pennsylvania
AMJSIC PRINTERS
ENGRAVERS AND LITHOGRAPHERS
PRINT ANYTHING IN MUSIC
BY ANY PROCESS
SEND FOR QUOTATION AND SAMPLES
NO ORDER TOO SMALL TO RECEIVE ATTENTION
C. G. CONN, Ltd.
Elkhart, Ind.
THE LARGEST EXCLUSIVE MUSIC PRINTER V/EST OF NEW YORK AND
THE LARGEST ENGRAVING DEPARTMENT IN THE UNITED STATES.
ESTABLISHED 1876
REFERENCE ANY PUBLISHER
THE O T T O
CINCINNATI,
ZIMMERMAN
SON
CO.JNC
OHIO.
99%
interested prospects become customers
W* ¥ p £*
A »T ^
|j"»
PERFECTION BENCHES
are used by people who have good taste, appreciate fine things and know sound values.
De Luxe
Louis XV
Send for Catalogue
1514-20 Blue Island Ave.
Chicago
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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