Music Trade Review
Issue: 1889 Vol. 12 N. 12 - Page 1
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Music Trade
REVIEW.
The Only Music Trade Paper in America, and the Organ of the Music Trade of this Country.
1879.
NEW YORK, JANUARY 20 TO FEBRUARY 5, 1
VOL. XII. No. 12.
PUBLISHED + TWICE * EACH • MONTH.
J E F F . DAVIS BILL.
EDWARD LYMAN BILL,.
BILL & BILL,
EDITORS AND PROPRIETORS.
All Checks, Drafts, money orders, Postal
Notes and Mall matter should be
made to
BILL & BILL,
EDITORS k PROPRIETOR.
3 EAST 14th STBEET, NEW YORE.
StiBst-RipntoN (including postage) United States and Canada,
13.00 per year, in advance; Foreign Countries, $4.00
ADVERTISEMENTS, $2.00 per inch, single column, per insertion;
unless inserted upon rate* made by special contract.
. Entered at the New York Pott Office at Second Clou Matter.
HELPFUL HINTS
Have you seen our last publication ? If not, let us
know and we will mail you one.
FARE AND & VOTEY ORGAN CO.,
DETROIT, Mich.
THE BURDETT'S RETIREMENT.
A STRICTLY CONSERVATIVE ERIE COMPANY DECIDES TO
DISCONTINUE BUSINESS.
HE Burdett Organ Co, (limited) of this city, being
unwilling to do business as too many manufac-
turers do it—that is run in debt, consign goods,
take customers' paper and incur numberless other trade
risks—has determined to discontinue the organ manu-
facture, the profits of which are not sufficiently large to
induce its continuance. Judge Converse, this company's
business manager, will close out its stock of organs in
the execution of its regular orders, the steady inflow
of which will consume it all, in the space of a few
months. The company will necessarily retain its present
corps of employes for some time to come. It will sell
the very large and valuable stock of seasoned walnut
and other lumber which it owns and has on hand, and
which, in itself, represents an amount of capital large
T
enough to run an ordinary factory. It will also offer
for sale the western half of the block-front on West
Twelfth street owned by this company, its building and
yards occupying the eastern half of this block. When
its present stock of organs, lumber, material, etc., has
been disposed of, it will then decide whether it will un-
dertake some other kind of wood-working or manufac-
turing enterprise or not.
This company's present officials: Messrs. R. Burdett,
chairman; P. Metcalf, treasurer, and C. C. Converse,
secretary and business manager, have held their respec-
tive offices ever since this company was organized here.
Mr. B. O. Church, its former superintendent, retired
from business because of ill health, a few years ago.
This solid company's affairs have been so managed as
to yield all its stock-owners very large cash returns lor
their investments, aggregating several times the cap-
ital stock, whilst its organs have ever held the first rank
for musical excellence. This company's governing mot-
toes have ever been these:
I—Make the best organ possible.
2—Sell it and get the pay.
3—Pay as you go.
This eminently conservative company has never had
discounted a single scrap of paper, nor resorted to the
use of accommodation paper, nor to any of those trade
make-shifts which at every hardening of the money
market sends many a manufacturing concern to the
wall. This safe company could go on in business for
years to come, as it has done, and make money, or it
could undertake the making of cheap, scamp organs, or
assume the credit-risks which its trade rivals embrace.
This solid company prefers to stop. Because of its ad-
mirable conservatism, this sound company does not owe
a dollar to-day. It owns a very valuable plant, which,
with its many other valuable, money-bringing assets,
place it in a pecuniary condition usually designated as
extremely well-fixed. Its highly successful business
management forms a trade-model, richly worthy the
praise and emulation of all business men, many of
whom seem not to know when to begin or to stop bus-
$3.00 PER YEAR.
SINGLE COPIES, 15 CENTS.
iness. Doubtless the fact that each of this company's
members is in such a personal pecuniary condition as
to render him independent of its gains, may be a prime
factor in its conservatism, yet it deserves great credit
for that true business prudence and wisdom which has
ever governed its transactions. The Burdett Organ
Co.'s capital stock is owned by Judge Converse, P. Met-
calf, R. Burdett, Hon. W. A. Galbraith, Hon. S. A.
Davenport, Hon. O. Noble, F. W. Metcalf, E. M. Bliss
and G. F. Brierley. In the successful career of this com-
pany the mechanical genius of Mr. Burdett and Mr.
Church has been admirably supplemented by the rare
business ability, extensive music trade acquaintance and
sound legal judgment of Judge Converse; and the solid
pecuniary results which have been realized have amply
satisfied all concerned.
This company's charter provides for the making of pi-
anos and other musical instruments, as well as organs.
Judge Converse and other leading stockholders have
important data concerning these other musical indus-
tries, and may determine to undertake what would re-
quire the enlargement of the Burdett factory and the
employment of more men than this company has ever
before required. The career of the Burdett Organ Co.
illustrates the sure success which attends the combina-
tion of mechanical talent, business sagacity and money.
The Burdett Organ Co. began business with a capital
ot $105,000. Its great trade compeers have employed
very much larger capitals, yet because of their lack of
discrimination as to music trade-credits and their faulty
business judgment, their larger sales of organs have
been, because of great losses, less profitable than those
of this company.
Judge Converse's familiarity with the organ trade
and knowledge of the tendencies of the shoddy organ
business led him to the opinion, several years ago, that
organ-making had become unprofitable. Hence his
suggestion, at this company's annual meeting a year
ago, that their best course then was to merge their busi-
ness into some other line of industry. At their meet-
ing this year his prudent suggestion was duly approved
and acted upon.—Erie, Pa., Dispatch, Jan. 14th.
MASON & Riscri, the Toronto piano makers, have
purchased the patent, plant, stock and good will of the
New York Church Organ Co. They already control
the sale of the vocalion in Canada. Mr. Robert S.
Gourlay of Toronto and Mr. J. W. Currier are associated
with Mason & Risch in the new enterprise.
MR. R. M. WALTERS, the well-known piano-forte man-
ufacturer has been appointed chairman of the floor
committee of the Union Boat Club hall, which will take
place at the Metropolitan Opera House on Tuesday
evening next, January 22d.
THE Bridgeport (Conn.) Organ Co. are having a very
large January trade. Their business of last year far ex-
ceeded their most sanguine anticipations.
THE actions of The Comstock, Cheney & Co., of
Ivoryton, Conn., are finding greater favor with the
trade than ever. This famous firm are experiencing
considerable difficulty in meeting the demands upon
them.
THE Dennison Organ & Music Co. of Glasgow, Ky.,
report a good and increasing trade in that city and the
vicinity. The Co. anticipate establishing a branch mu-
sic store in Nashville, Tenn. All the dealers in the
neighborhood enjoyed a magnificent holiday trade.
MR. C. H HENNING, formerly of the firm of Wegman
& Henning, of Auburn, N. Y., is perfecting arrange-
ments for the manufacture of pianos in this city, and
will shortly commence operations.
Music Trade
REVIEW.
The Only Music Trade Paper in America, and the Organ of the Music Trade of this Country.
1879.
NEW YORK, JANUARY 20 TO FEBRUARY 5, 1
VOL. XII. No. 12.
PUBLISHED + TWICE * EACH • MONTH.
J E F F . DAVIS BILL.
EDWARD LYMAN BILL,.
BILL & BILL,
EDITORS AND PROPRIETORS.
All Checks, Drafts, money orders, Postal
Notes and Mall matter should be
made to
BILL & BILL,
EDITORS k PROPRIETOR.
3 EAST 14th STBEET, NEW YORE.
StiBst-RipntoN (including postage) United States and Canada,
13.00 per year, in advance; Foreign Countries, $4.00
ADVERTISEMENTS, $2.00 per inch, single column, per insertion;
unless inserted upon rate* made by special contract.
. Entered at the New York Pott Office at Second Clou Matter.
HELPFUL HINTS
Have you seen our last publication ? If not, let us
know and we will mail you one.
FARE AND & VOTEY ORGAN CO.,
DETROIT, Mich.
THE BURDETT'S RETIREMENT.
A STRICTLY CONSERVATIVE ERIE COMPANY DECIDES TO
DISCONTINUE BUSINESS.
HE Burdett Organ Co, (limited) of this city, being
unwilling to do business as too many manufac-
turers do it—that is run in debt, consign goods,
take customers' paper and incur numberless other trade
risks—has determined to discontinue the organ manu-
facture, the profits of which are not sufficiently large to
induce its continuance. Judge Converse, this company's
business manager, will close out its stock of organs in
the execution of its regular orders, the steady inflow
of which will consume it all, in the space of a few
months. The company will necessarily retain its present
corps of employes for some time to come. It will sell
the very large and valuable stock of seasoned walnut
and other lumber which it owns and has on hand, and
which, in itself, represents an amount of capital large
T
enough to run an ordinary factory. It will also offer
for sale the western half of the block-front on West
Twelfth street owned by this company, its building and
yards occupying the eastern half of this block. When
its present stock of organs, lumber, material, etc., has
been disposed of, it will then decide whether it will un-
dertake some other kind of wood-working or manufac-
turing enterprise or not.
This company's present officials: Messrs. R. Burdett,
chairman; P. Metcalf, treasurer, and C. C. Converse,
secretary and business manager, have held their respec-
tive offices ever since this company was organized here.
Mr. B. O. Church, its former superintendent, retired
from business because of ill health, a few years ago.
This solid company's affairs have been so managed as
to yield all its stock-owners very large cash returns lor
their investments, aggregating several times the cap-
ital stock, whilst its organs have ever held the first rank
for musical excellence. This company's governing mot-
toes have ever been these:
I—Make the best organ possible.
2—Sell it and get the pay.
3—Pay as you go.
This eminently conservative company has never had
discounted a single scrap of paper, nor resorted to the
use of accommodation paper, nor to any of those trade
make-shifts which at every hardening of the money
market sends many a manufacturing concern to the
wall. This safe company could go on in business for
years to come, as it has done, and make money, or it
could undertake the making of cheap, scamp organs, or
assume the credit-risks which its trade rivals embrace.
This solid company prefers to stop. Because of its ad-
mirable conservatism, this sound company does not owe
a dollar to-day. It owns a very valuable plant, which,
with its many other valuable, money-bringing assets,
place it in a pecuniary condition usually designated as
extremely well-fixed. Its highly successful business
management forms a trade-model, richly worthy the
praise and emulation of all business men, many of
whom seem not to know when to begin or to stop bus-
$3.00 PER YEAR.
SINGLE COPIES, 15 CENTS.
iness. Doubtless the fact that each of this company's
members is in such a personal pecuniary condition as
to render him independent of its gains, may be a prime
factor in its conservatism, yet it deserves great credit
for that true business prudence and wisdom which has
ever governed its transactions. The Burdett Organ
Co.'s capital stock is owned by Judge Converse, P. Met-
calf, R. Burdett, Hon. W. A. Galbraith, Hon. S. A.
Davenport, Hon. O. Noble, F. W. Metcalf, E. M. Bliss
and G. F. Brierley. In the successful career of this com-
pany the mechanical genius of Mr. Burdett and Mr.
Church has been admirably supplemented by the rare
business ability, extensive music trade acquaintance and
sound legal judgment of Judge Converse; and the solid
pecuniary results which have been realized have amply
satisfied all concerned.
This company's charter provides for the making of pi-
anos and other musical instruments, as well as organs.
Judge Converse and other leading stockholders have
important data concerning these other musical indus-
tries, and may determine to undertake what would re-
quire the enlargement of the Burdett factory and the
employment of more men than this company has ever
before required. The career of the Burdett Organ Co.
illustrates the sure success which attends the combina-
tion of mechanical talent, business sagacity and money.
The Burdett Organ Co. began business with a capital
ot $105,000. Its great trade compeers have employed
very much larger capitals, yet because of their lack of
discrimination as to music trade-credits and their faulty
business judgment, their larger sales of organs have
been, because of great losses, less profitable than those
of this company.
Judge Converse's familiarity with the organ trade
and knowledge of the tendencies of the shoddy organ
business led him to the opinion, several years ago, that
organ-making had become unprofitable. Hence his
suggestion, at this company's annual meeting a year
ago, that their best course then was to merge their busi-
ness into some other line of industry. At their meet-
ing this year his prudent suggestion was duly approved
and acted upon.—Erie, Pa., Dispatch, Jan. 14th.
MASON & Riscri, the Toronto piano makers, have
purchased the patent, plant, stock and good will of the
New York Church Organ Co. They already control
the sale of the vocalion in Canada. Mr. Robert S.
Gourlay of Toronto and Mr. J. W. Currier are associated
with Mason & Risch in the new enterprise.
MR. R. M. WALTERS, the well-known piano-forte man-
ufacturer has been appointed chairman of the floor
committee of the Union Boat Club hall, which will take
place at the Metropolitan Opera House on Tuesday
evening next, January 22d.
THE Bridgeport (Conn.) Organ Co. are having a very
large January trade. Their business of last year far ex-
ceeded their most sanguine anticipations.
THE actions of The Comstock, Cheney & Co., of
Ivoryton, Conn., are finding greater favor with the
trade than ever. This famous firm are experiencing
considerable difficulty in meeting the demands upon
them.
THE Dennison Organ & Music Co. of Glasgow, Ky.,
report a good and increasing trade in that city and the
vicinity. The Co. anticipate establishing a branch mu-
sic store in Nashville, Tenn. All the dealers in the
neighborhood enjoyed a magnificent holiday trade.
MR. C. H HENNING, formerly of the firm of Wegman
& Henning, of Auburn, N. Y., is perfecting arrange-
ments for the manufacture of pianos in this city, and
will shortly commence operations.
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