Music Trade Review
Issue: 1895 Vol. 20 N. 11 - Page 2
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
6
THE MUSIC TRADE REVIEW.
^ E D W A R D LYMAN BILL
Editor and Proprietor.
PUBLISHED
EVERY
SATURDAY
3 East 14th St., New York
SUBSCRIPTION (including postage) United States and
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
count is allowed.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second- Class Matter.
"THE BUSINESS MAN'S
PAPER."
will disclose all departments manned by a
full complement of employees filling the
large number of orders on hand. This old
and popular supply house has a wide
clientele of customers which is being add-
ed to every season. Their wares have
given satisfaction to all who have used
them, and this to a iarge extent accounts
for the agreeable condition of things pre-
valent in their factory these days.
T
HE way they move pianos in Mexico
is rather unique. In our Mr. Bill's
letter, which appears elsewhere in this
paper, he describes a scene witnessed by
him in Mexico City. It is certainly inter-
esting as well as amusing. What a novel
sight it would be to see four Indians—not
Union Square Indians, but Simon-pure
Mexican Indians—carrying an upright
piano after the Mexican style, say up Fifth
avenue. And what a great advertising
scheme it would be if this antiquated mode
of conveyance were introduced to fin-dc-
siecle New York.
• • • • • • • • • • • •
OR trie cajsy thai lack
For tlic wroag tbat aesds
For li?e future n the''^ V
UR Western correspondent sends us
news of the incorporation of the
Story & Clark Piano Co., of Chicago. With
ample capital and a name of international
worth, this concern is bound to be an active
factor in the piano trade field in the West.
O
MONG those who have accepted in-
vitations to speak at the trade din-
ner to be held at the Hotel Waldorf, March 28,
areChauncey M. Depew, Alfred Dolge, Wil-
liam Steinway and H. E. Krehbiehl. Other
names will be announced later.
A
HERE are many beautiful pianos made
nowadays—instruments that would
be a revelation to the members of the trade
ten or fifteen years ago—and among them
the new style Hazelton Brothers' pianos are
worthy of taking first rank. And it is not
alone in case work they are beautiful, but
the tone is of an unusually fine quality. All
who have seen them speak of them in words
of praise.
T
ULLNESS in trade has not inter-
fered to any material extent with
the energetic house of Pratt, Read & Co.,
Deep River, Conn. A visit to their factory
D
GAIN the medals. The Director of
the Mint stated during the past week
that the medals which were awarded exhibi-
tors at the World's Columbian Exposition
would be ready about June 1st, and the
Superintendent of the Bureau of Engrav-
ing says that the diplomas will be finished
about the 1st of April. These statements
must be taken with a "grain of salt. " The
date for the distribution of these medals
and awards has been fixed time and time
again, but they failed to materialize.
Things may be different this time.
A
VERY interesting article upon the
industrial growth of Dolgeville ap-
peared in last Wednesday's Dolgeville
Herald. Among other things, it says: " I t
has been said that Alfred Dolge is respon-
sible for the Americanization of the piano.
It is really true. When he left the bench
as a workman twenty-seven years ago, al-
most every part of a piano was imported
from England, France and Germany. He
was the pioneer in making hammer-felt and
sounding-boards in the United States, and
it was through his influence that the Gieses
started the manufacture of piano wire here.
Now, the only parts imported are the
ivories and pearls for the keys."
A
Yes, and it is a fact that is often over-
looked. The wise policy of fostering
home manufactures in preference to those
of other countries has made this very agree-
able condition of things possible. This is
the policy that has made our country, com-
mercially, what it is to-day. In a quarter
of a century the music trade industry of this
country has become a tremendous power
from every standpoint, and American mu-
sical instruments lead the world. As the
Herald says, Alfred Dolge has done more
than a man's share to bring this about.
T
HE condition of business for the past
week makes the trade outlook encour-
aging- The commercial agencies report
that there has been a decided improvement in
the business of the country. There has been
a marked gain in all sections, and the dis-
tribution of merchandise has shown a dis-
tinct increase. The railways in their traffic
returns also afford evidence of a revival in
trade. Another encouraging sign is the
large number of out-of-town buyers in this
city.
As far as the piano business is concerned,
the wholesale trade during the past week
has shown a slight improvement and the
number of orders received have been suf-
ficiently large to make manufacturers feel
hopeful that spring trade has actually open-
ed up.
As far as we can learn, manufacturers in
this city are not expecting a startlingly large
spring trade, but they are confident that it
will be considerably in excess of last year.
There is no exporting of gold at present,
and money is fairly plentiful. Yet specu-
lation and trading is quiet. The business
world seems to be unusually conservative
just now, but this is bound to disappear,
and one thing that will make it disappear
is the absence of danger from reckless legis-
lation. This bugbear disappeared with the
late Congress. Once the business world
regains a portion of its old-time confidence
and hope, better times should dawn, and we
feel that they are at hand.
OME decisions have lately been made
by the Treasury Department that
will be found of general interest.
According to the Department's view,
stockholders of corporations cannot under
the law deduct from their income, as busi-
ness expenses or otherwise, assessments
paid by them to the corporations to make
good deficiencies in the capital stock for
the reserve funds thereof. Profits realized
from the sale of stocks or other personal
property made prior to the year 1894, and
profits from all business transactions made
prior to that year, are not to be treated as
taxable income without reference to time of
payment. Losses sustained by exchanges
of real estate are in all instances to be esti-
mated, as losses while the property remains
in the hands of the original parties, and are
therefore not deductible from income. No
S
6
THE MUSIC TRADE REVIEW.
^ E D W A R D LYMAN BILL
Editor and Proprietor.
PUBLISHED
EVERY
SATURDAY
3 East 14th St., New York
SUBSCRIPTION (including postage) United States and
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
count is allowed.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second- Class Matter.
"THE BUSINESS MAN'S
PAPER."
will disclose all departments manned by a
full complement of employees filling the
large number of orders on hand. This old
and popular supply house has a wide
clientele of customers which is being add-
ed to every season. Their wares have
given satisfaction to all who have used
them, and this to a iarge extent accounts
for the agreeable condition of things pre-
valent in their factory these days.
T
HE way they move pianos in Mexico
is rather unique. In our Mr. Bill's
letter, which appears elsewhere in this
paper, he describes a scene witnessed by
him in Mexico City. It is certainly inter-
esting as well as amusing. What a novel
sight it would be to see four Indians—not
Union Square Indians, but Simon-pure
Mexican Indians—carrying an upright
piano after the Mexican style, say up Fifth
avenue. And what a great advertising
scheme it would be if this antiquated mode
of conveyance were introduced to fin-dc-
siecle New York.
• • • • • • • • • • • •
OR trie cajsy thai lack
For tlic wroag tbat aesds
For li?e future n the
UR Western correspondent sends us
news of the incorporation of the
Story & Clark Piano Co., of Chicago. With
ample capital and a name of international
worth, this concern is bound to be an active
factor in the piano trade field in the West.
O
MONG those who have accepted in-
vitations to speak at the trade din-
ner to be held at the Hotel Waldorf, March 28,
areChauncey M. Depew, Alfred Dolge, Wil-
liam Steinway and H. E. Krehbiehl. Other
names will be announced later.
A
HERE are many beautiful pianos made
nowadays—instruments that would
be a revelation to the members of the trade
ten or fifteen years ago—and among them
the new style Hazelton Brothers' pianos are
worthy of taking first rank. And it is not
alone in case work they are beautiful, but
the tone is of an unusually fine quality. All
who have seen them speak of them in words
of praise.
T
ULLNESS in trade has not inter-
fered to any material extent with
the energetic house of Pratt, Read & Co.,
Deep River, Conn. A visit to their factory
D
GAIN the medals. The Director of
the Mint stated during the past week
that the medals which were awarded exhibi-
tors at the World's Columbian Exposition
would be ready about June 1st, and the
Superintendent of the Bureau of Engrav-
ing says that the diplomas will be finished
about the 1st of April. These statements
must be taken with a "grain of salt. " The
date for the distribution of these medals
and awards has been fixed time and time
again, but they failed to materialize.
Things may be different this time.
A
VERY interesting article upon the
industrial growth of Dolgeville ap-
peared in last Wednesday's Dolgeville
Herald. Among other things, it says: " I t
has been said that Alfred Dolge is respon-
sible for the Americanization of the piano.
It is really true. When he left the bench
as a workman twenty-seven years ago, al-
most every part of a piano was imported
from England, France and Germany. He
was the pioneer in making hammer-felt and
sounding-boards in the United States, and
it was through his influence that the Gieses
started the manufacture of piano wire here.
Now, the only parts imported are the
ivories and pearls for the keys."
A
Yes, and it is a fact that is often over-
looked. The wise policy of fostering
home manufactures in preference to those
of other countries has made this very agree-
able condition of things possible. This is
the policy that has made our country, com-
mercially, what it is to-day. In a quarter
of a century the music trade industry of this
country has become a tremendous power
from every standpoint, and American mu-
sical instruments lead the world. As the
Herald says, Alfred Dolge has done more
than a man's share to bring this about.
T
HE condition of business for the past
week makes the trade outlook encour-
aging- The commercial agencies report
that there has been a decided improvement in
the business of the country. There has been
a marked gain in all sections, and the dis-
tribution of merchandise has shown a dis-
tinct increase. The railways in their traffic
returns also afford evidence of a revival in
trade. Another encouraging sign is the
large number of out-of-town buyers in this
city.
As far as the piano business is concerned,
the wholesale trade during the past week
has shown a slight improvement and the
number of orders received have been suf-
ficiently large to make manufacturers feel
hopeful that spring trade has actually open-
ed up.
As far as we can learn, manufacturers in
this city are not expecting a startlingly large
spring trade, but they are confident that it
will be considerably in excess of last year.
There is no exporting of gold at present,
and money is fairly plentiful. Yet specu-
lation and trading is quiet. The business
world seems to be unusually conservative
just now, but this is bound to disappear,
and one thing that will make it disappear
is the absence of danger from reckless legis-
lation. This bugbear disappeared with the
late Congress. Once the business world
regains a portion of its old-time confidence
and hope, better times should dawn, and we
feel that they are at hand.
OME decisions have lately been made
by the Treasury Department that
will be found of general interest.
According to the Department's view,
stockholders of corporations cannot under
the law deduct from their income, as busi-
ness expenses or otherwise, assessments
paid by them to the corporations to make
good deficiencies in the capital stock for
the reserve funds thereof. Profits realized
from the sale of stocks or other personal
property made prior to the year 1894, and
profits from all business transactions made
prior to that year, are not to be treated as
taxable income without reference to time of
payment. Losses sustained by exchanges
of real estate are in all instances to be esti-
mated, as losses while the property remains
in the hands of the original parties, and are
therefore not deductible from income. No
S
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