Presto

Issue: 1931 2255

16
February, 1931
P R E S T 0-T I M E S
ZENITH'S NEW LINE—ZENETTE
The Zenitli Radio Corporation of Chicago announces
that shipments in fair volume are being made of the
new Zenette line of table model receivers.
"We would have presented a low-priced line to the
public months ago," says A. T. Haugh, general sales
manager of the company, "except that our engineers
were not satisfied to add 'just another midget' to the
already swollen list of midget manufacturers. We
couldn't do that because anything that is made by
Zenith must be of the highest quality—in whatever
price class it falls.
"We are in position to supply the majority of the
public with the lower priced high quality set as well
as the radio buyer who wants the very best that is
made and where price is not the first consideration.
The Zenette takes care of the first group of buyers
while the Zenith fills the requirements of the second
group.
"Jt is a pleasure to record here that the radio busi-
ness in general and ours in particular shows every
tendency for a splendid volume in 1931. Zenitli shows
a splendid financial statement and with the advent of
MODEL R ZENITH.
WEAVER PIANO CO., INC.,
ANNUAL MEETING
The annual meeting of the stockholders of the
Weaver Piano Co., Inc., was held at the office of the
company, Broad and Walnut streets, York, Pa., Fri-
day, January 30.
The following is President W. S. Bond's report:
"The piano industry has for over two years been
passing through a most severe period of depression
and readjustment.
"Many manufacturers with the weaker financial
structures were forced out of existence. Others, more
or less weak in faith have either liquidated their busi-
ness or have gone into other lines and have met
equally severe depression there. Some of them failed
in the new business of their choice. More than 50
per cent of the piano manufacturers of ten years ago
are now out of the picture.
"Liquidation by many dealers and manufacturers
has made it difficult for going concerns, but we have
done a fair volume of business the past year. We
sold more pianos locally at retail in December, 1930,
and in January, 1931, than in the corresponding
months a year ago, which suggests that the recovery
of the piano industry is under way. We have also
succeeded in strengthening our financial structure.
Two years ago we had total indebtedness of $162,-
800.29, whereas now our total indebtedness is less than
$4,000 which is not due, and we have $101,200.83 on
deposit in banks.
"The public is rapidly returning to a realization of
the importance and value of the piano as the basic
musical instrument for all professional musicians of
every kind as well as for all amateur musicians and
for all students of music. Conservatories require a
year of piano instruction as a foundation for every
other kind of music study.
"The public is, also, realizing the fact that person-
ally producing music has far more value than merely
hearing it. Many of the radio programs are stressing
the value of musical training for children in creating
harmonious family life and in building mind and char-
acter in the children, also in equipping them with
pleasing earning power for the future either as a pro-
fession or as a part time opportunity. The value to
great men and women of playing the piano as a diver-
sion and for inspiration for the performance of great
tasks is also realized more than ever before.
"Your president, therefore, has faith in the future
of the piano industrv."
W. S. Bond, Charles F. Baer, R. A. Panics, V. K.
Keesey, Esq., and Walter L. Bond were elected
directors.
The board met at the conclusion of the stockhold-
ers' meeting and re-elected W. S. Bond, president;
C. F. Baer and R. A. Paules, vice-presidents; Waller
L. Bond, secretary and treasurer; C. D. Bond, general
superintendent.
A dividend of $2 per share was declared. This is
the 83rd consecutive semi-annual dividend of this
company.
STEINWAY GRAND IN
HIGH SCHOOL OPENING
MOPKL I> ZKX1TH.
the Zenette line, certainly a rosy picture for the future.
Radio sets can be bought for less money today con-
sidering performance, quality and appearance than at
any other time in the history of the industry."
New Zenith Personnel
A. T. Haugh, general sales manager of the Zenith
Radio Corporation, manufacturers of Zenith and
Zenette radio receivers, announces the following ap-
pointments of new district sales managers:
W. T. Vollborth, formerly district sales manager
for Grigsby-Grunow Co., covering Ohio, Indiana and
Michigan, with headquarters at Detroit.
W. A. Shirk, formerly district sales manager for
Grigsby-Grunow Co., covering the Northwest terri-
tory, with headquarters at Minneapolis.
1.. J. Horan. formerly associated with Semite, U. S.
Radio and Television, will cover Southern Illinois.
Missouri, Kansas and Arkansas, with headquarters at
St. Louis.
V. L. Summers, formerly associated with the All-
American Mohawk organization, will cover Southwest
territory, with headquarters at Dallas.
Mr. Haugh also announces the appointment of Don-
ald J. Pieri, who has been associated with Brunswick-
Balke-Collender, U. S. Radio and Television, United
Reproducers, to handle special sales work witli head-
quarters at Chicago.
The new Zenette line, it is said, is keeping the Zen-
ith factory running full time and some overtime. This
is the first time in sixteen years that this veteran
radio manufacturer has produced a quality line at so
low a price. The new models range from $57.50 to
$94 without tubes, and are available either in table
models or consoles.
Glenn Ellyn, beautiful western suburb of Chicago,
dedicated its new auditorium of the high school last
Sunday,, February 6, .when at the exercises Sunday
afternoon a very meritorious program of music was
presented. This- -community school, known as the
Glenbard School, gives particular attention to music
in its curriculum, and the two organizations—the Glen
Ellyn Band and the Glenbard Orchestra—furnished
an unusually good musical performance, considering
that the performers were all amateurs. Their outfit
of instruments, largely from the Conn factories at
Elkhart. Ind., were conspicuous for attractiveness as
well as for their musical excellence.
One of the delightful features of the musical pro-
gram was the newly-purchased Steinway Grand piano,
of which the school is justly proud and which will
have an important part to till in all future musical
entertainments at the school.
The
JESSE FRENCH
JUNIOR
There Is Quality
In the Midget Field
The proof is in the
Junior—a small precision
built radio with the
same fine features found
in the most expensive
consoles.
Quality of performance
and appearance mark it
as the aristocrat of the
small radio field—
and it is backed by 55
years of experience in the
building of fine pianos.
SCHILLER CO.'S ANNUAL MEETING
At the annual meeting of the Schiller Piano Co.,
held in Oregon, 111., last month, the following were
the elections: Edgar B. Jones, president; Charles D.
Etnyre, vice-president; B. F. Shelly, secretary; Cyrus
F. Jones, treasurer. The directors are Edgar B. Jones,
Charles D. Etnyre, B. F. Shelly, Cyrus F. Jones, G. R.
Haas, Walter C. Scott and J. C. Seyster.
PIANISTS
If you want to make a biff hit send for a copy of
"PIANOLA CONCERT RAG"
PRICK :<5e POSTPAID
Play this number and your audience will ''Stamp" you as a
THE JESSE FRENCH and
SONS PIANO COMPANY
NEWCASTLE
INDIANA
"HUMAN PIANOLA"
OTTO WELCOME, 2043 So. St. Louis A r c , Chicago, III.
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, 1931
17
P R E S T O-T I M E S
R A D I O
GUARD RADIO IMTERESTS
IN COPYRIGHT LAW
Important interests of radio manufacturers belong-
ing to the RMA in the Vestal Copyright Bill before
the Senate are being guarded during the strenuous
effort being- made to get the bill passed before Con-
gress adjourns March 4. Sponsored principally by
the American Society of Authors and Composers in-
terested in royalties on music, drama, broadcast and
other programs, as well as mechanical records and
transcriptions, the bill already has passed the House
of Representatives.
The RMA is not opposing the provision for reason-
able royalties to authors and composers, nor the auto-
matic copyright provision of the Vestal Bill. The
organization of radio manufacturers, however, is
urging many important amendments affecting radio
makers, as well as broadcasters. These amendments
were presented to the Senate Patent Committee, at its
hearings here January 28-29, by Frank D. Scott.
Washington legislative counsel for the RMA. Also
appearing before the committee was H. E. Capehart,
president of Capehart Corporation, Ft. Wayne, Ind.,
and Bond Geddes, executive vice-president of the
KM A.
An amendment being urged by the RMA and
already approved by the House of Representatives is
that royalties on broadcasting should stop at the
broadcast station and not be extended to hotels, res-
taurants, cabarets, barber shops, boarding houses and
similar places unless a specific charge for admission
thereto is made.
Amendments protecting RMA members who make
phonograph, records, combination radio and phono-
graph machines and automatic recording and repro-
ducing devices also were presented to the Senate
committee by Mr. Scott and in detail by Mr. Capehart.
One amendment proposes a definite privilege of copy-
righting phonograph records.
U. S. COURT BANS TAX
ON RADIO OWNERS
A sweeping decision prohibiting taxation of radio
receiving set owners, as proposed by a South Caro-
lina law, has been handed down at Columbia, S. C,
in the Federal District Court, in the first test case
brought at the instance of the Radio Manufacturers'
Association, the national industry organization.
An interlocutory injunction against enforcement
of the South Carolina law was granted by the Federal
Court and restrains collection of the proposed taxes
on radio receiving sets. The decision was made by
three Federal judges—Circuit Judge Parker of North
Carolina, and District Judgec Cochran and Glenn of
South Carolina.
The Court's decision was made in the test case of a
North Carolina broadcast station, WBT of Charlotte,
which contended that radio is interstate commerce and
not subject to taxation by a state. The Court's de-
cision sustained the contention that the South Caro-
lina law is unconstitutional as an interference with
interstate commerce and cannot be enforced.
urged that exhibitors refrain from any lavish deco-
rations in addition to the standard booth and furni-
ture services, but in any event, all booth decoration
must comply with the rules and regulations prescribed
by the Show Committee.
All space allotments will be made by disinterested
third parties functioning for the Show Committee.
Reductions in railroad fares and reasonable hotel
rates will prevail.
THE GULBRANSEN CHAMPION.
The cabinet of the Gulbransen "Champion" radio is
especially attractive. Sides and top are of 5-ply wal-
nut veneer with dial panel of 5-ply highly figured
Oriental walnut and grill of 5-ply lacewood. All solid
parts are of red gum, w T ith exceptionally clean cut
solid wood carvings. Dial panel is surmounted by a
lacewood overlay with carved drops. Construction is
very rugged with all joints glued tongue and groove
and top frame of one and one-half inch thickness.
Legs are double fluted. The appearance of the cabi-
net is very pleasing due to the exceptional finish and
the graceful lines of the extended front panel. Dimen-
sions: Height, 48 inches; width, 28 inches; depth,
\5fy& inches.
CROSLEY RADIO CORPORATION REPORT.
The following is the report of the Crosiey Radio
Corporation: Nine months ended December 31: Net
loss, after depreciation, ordinary taxes and other
charges, $445,958, against net profit of $265,556 in the
corresponding period of 1929, latter amount equal to
48 cents a share on the number of common shares
outstanding at end of 1930. Three months: Net profit,
$77,521, or 14 cents a share.
RADIO PRODUCTS CORPORATION.
The Radio Products Corporation makes the follow-
ing report for the year ended December 31 : Net loss,
after charges, $60,029, compared with net profit of
$517,156, or $5.17 a share on the capital stock in pre-
ceding year.
DE FOREST RADIO'S QUARTERLY REPORT.
De Forest Radio Co. reported as follows: Three
months ended September 30: Net loss, after ex-
penses and amortization of deferred charges and pat-
ents, $68,179. Six months, net loss, after same charges,
$248,344.
RADIO RECEIVING SETS
RADIO PARTS
RADIO-PHONOGRAPHS
THE SELPO
PIANO TRUCKS
The End Trucks are very convenient
where there is not much stair work and can
be easily carried in a small amount of space.
A board is used when the piano is on the
stairs. The frames of the SelPo trucks are
made of crucible spring steel, cross braced
and riveted. The hard maple boards are
padded with heavy felt.
SelPo C, Plain bearing roller iron
wheel casters. Shipping wt. 95 lbs.$44.00
SelPo B, Plain bearing roller ruh
ber tired casters
47.00
SelPo E, Roller bearing roller iron
wheel casters
49.00
SelPo D, Roller bearing roller rub-
ber tired casters
52.00
Ask for a catalogue for a complete line of
T R U C K S , H O I S T S , SKIDS, DOLLYS,
Light weight Trucks, Concert Grand Trucks,
and Special Straps.
Manufactured by
Self Lifting
Piano Truck Co.
427 No. Main Street
FINDLAY, OHIO
SPARKS-WITHINGTON.
Including Cardon Phonocraft Corporation, for the
six months ended December 31, had consolidated net
profit of $495,430, equal to 54 cents a share on 901,011
shares of common stock, against net, excluding Car-
don Phonocraft. of $1,639,365, or $2.36 a share on 684,-
606 shares in the like period of 1929.
RCA
A Most Attractive
Proposition for
Dealers—the
DIVIDENDS DECLARED
At the meeting of the board of directors of the
Radio Corporation of America, held on February 6,
the regular dividends were declared for the first quar-
ter of the year 1931: On the "A" preferred stock,
1%% (87y 2 c per share); on the "B" preferred stock
$1.25 per share. The dividends are payable on April
1, 1931, to stockholders of record March 2, 1931.
RADIO SHOW SPACE SELLING WELL
The sale of exhibition space in the Eighth Annual
Radio World's Fair and Electrical Exposition, Madi-
son Square Garden, New York, next September, and
the Tenth Annual Chicago Radio Show, in the Coli-
The Radio Manufacturers' Association has decided
that the next show will be held in the city of Chi- seum, in October, as of February 10. is ahead of the
cago, June 8 to 12, inclusive. As formerly decided, same date 1930, G. Clayton Irwin, Jr., general man-
the show will be held under one roof, giving opportu- ager of the two national expositions, says.
nities for displays in an exhibition hall and private
hotel demonstration rooms. The selection of the hotel
will be made at an early date. The Show Committee
has been advised that the Institute of Radio Engi-
neers will hold their convention June 4 to 6, immedi-
W. R. Sizemore, of Elvins, Mo., agent for Philco
ately preceding the RMA Trade Show, and that the
radios, w r as one of those who attended the Philco
Music Industries Chamber of Commerce and the Na- dealers convention at the Coronado Hotel, St. Louis,
tional Association of Music Merchants will hold their
last month. At the banquet Edwin Schiele, presi-
convention, June IS to 18, immediately following the
dent of the Artophone Corporation, St. Louis, intro-
RMA Trade Show, in the same locality.
duced the speakers—among them S. O. Taylor, Philco
factory representative.
Exhibitors are required to show current merchan-
dise or be denied the privilege of having either a booth
At Detroit, Police Commissioner Wilcox has asked
in the exhibition hall or the use of hotel demonstration
that 40 new radio-equipped cars be added to the 60
rooms.
cars now operated by the department.
The space in the exhibition hall will be sold in
Chicago Radio Tube Stores, Inc., 1733 West Chi-
units of approximately 10 feet by 10 feet at a cost of
cago avenue. Capital, $5,000. Deal in radio tubes,
$2 per square foot, including standard booth with
radios and accessories. Incorporators: Fred Nemer,
name and address sign. No additional charges will
Solomon M. Glick, Ina Kuhlman. Correspondent:
be made for porter service between booths and load-
ing platforms, cleaner or watchman service. It is
Henry Bell, 11 South La Salle street.
ANNUAL RADIO SHOW AT CHICAGO
RADIO NOTES
STARCK
Line of Pianos
Including Uprights, Grands and
Reproducing Instruments
.
MANY EXCLUSIVE
SELLING POINTS
in the Starck representation
interest alert dealers
Write Today for Catalog
and Proposition
P. A. STARCK PIANO CO.
STARCK BUILDING
228-230 South Wabash Avenue
CHICAGO, ILLINOIS, U. S. A.
New York Warerooms: 112-114 W. 42nd St.
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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