Music Trade Review

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THE MUSIC TRADE REVIEW.
figures who have contributed much to the
greatness of America's musico-industrial af-
fairs have passed from the scenes of their
earthly triumphs.
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# .
. '
W. P. Haines, Thomas Floyd-Jones,
Albert M. Haines and George F. Johnson,
directors of Haines Bros. Incorporated,
held a meeting last Monday for the elec-
tion of officers for the present year. The
following was the result: President, Thom-
as Floyd-Jones; vice-president, Geo. F.
Johnson; treasurer and general manager,
W. P. Haines; secretary, W. J. Bently.
At this meeting the general policy of the
house was outlined, and it can safely be
said that this progressive firm will be
more than ever in the front rank during
the coming fall season.
The newly elected officers of the Haines
Bros. Co. are men of undoubted ability.
Thomas Floyd-Jones is a keen, discriminat-
ing student of trade affairs and he is thor-
oughly well equipped for the important
office to which he has been elected. Mr.
Johnson is a capitalist of wide experience
in the financial world. As general mana-
ger W. P. Haines is right in his element.
The magnificent developments in piano
structure which have added to the fame
of Haines Bros, during the past year
can be attributed to his artistic ideas and
marked ability as a piano maker. In Mr.
Bently they have secured a man who will
fill with ability the responsible position of
secretary.
Thomas & Barton Company
PETITION FOR INCORPORATION
NAME.
UNDER
THAT
PETITION for the incorporation of
the Thomas & Barton Company has
been filed this week by Messrs. A. A.
Thomas and J. E. Barton, and they desire
to carry on the business of buying and sell-
ing pianos, organs, and musical merchan-
dise in Augusta, Ga.
The company is to be capitalized at
$50,000, divided into shares of $100. Thir-
ty thousand of the capital is already paid in.
A
Hay Locate in New Jersey.
T is said that the large and well known
firm of the Mathushek & Son Piano
Co., of New York city, is looking for a suit-
able place in southern New Jersey to erect
a factory. This company manufactures a
high grade instrument, and has the largest
warerooms in this State at New Brunswick.
The company would employ at least 150
workmen, and could not help but be of
benefit should they locate here. Here's a
chance for the Board of Trade to offer in-
ducements. -—"Weekly Register," Borden-
town, N. J.
I
"
appearances secure, offer alluring induce-
ments, and with that amount of money in-
vested they can retire on a comfortable in-
come of from $8,000 to$io,ooo a year. Now
this silver element comes up and if success-
ful it means that they will receive their
annual dividends in dollars which are one-
half depreciated, and some think that there
may be doubt, if the wild Populistic senti-
ments prevail, that they will get any div-
idends. Take the vast amount of capital
which is at present lying idle, and it would
be immediately invested in American se-
curities; if the conditions were favorable
here, it would give impetus to business
interests of all kinds."
TUST dropped in to pay our respects,
^J you know," and looking up from my
desk I saw-the handsome and distinguished
* *
*
features of Col. Dan F. Treacy, with whom
There
is
a
right
and
a wrong way of con-
was Melbourne A. Marks, superintendent
ducting
business,
and
the system of price-
of the Everett piano factory, Boston. Mr.
Marks could not find an abler chaperon knifing—just to get the best of a competi-
tor—is a policy which :s not only wrong,
while in Gotham than Colonel Treacy.
The Colonel, by the way, tells me that no but suicidal. I clip the following remarks
matter how much he dislikes to go against on this subject from the "Dry Goods
the party whom he has supported for so Economist," and they apply as pertinently
many years yet he feels that patriotism is to the music trade as to the industry which
above party affiliations, and that he cannot that paper represents. It says:—
"There is an erroneous impression
support the Democratic ticket this year. He
among
a class of business men that cutting
is a sound money man all the way through,
prices
on standard wares is a brilliant
a stanch Democrat as well, but Col. Trea-
stroke.
To the credit of the trade it may
cy cannot swallow the Tillman-Altgeld
be
said
that
this relic of backwoods mer-
platform of the Chicago Convention.
chandising is principally confined to
Mr. Marks is quite as pronounced a sound
thoughtless merchants and managers who
money man. In fact thus far I have been
have yet to learn that the right class of
unable to encounter one of the free silver-
merchandise at fair profits, coupled with
ites in the East. Possibly there may be
honest advertising, are the potent factors
more when the young "Orator of the Platte"
of success.
receives formal notice of his nomination at
"There are dealers who look upon stand-
Madison Square Garden. We shall then
ard
goods held by themselves as their own
have oratorical pyrotechnics galore.
to sell at any price they please, never
*
thinking that in price-slashing they are re-
When I saw Chas. H. Stein way this ducing their own profits, impairing honest
week it occurred to me that I never competition, and often butchering the
saw him looking better. His cheeks are manufacturers' business in a particular line
bronzed by his recent ocean voyage, and his at the same time.
eyes have that brilliancy and sparkle which
"Manufacturers and their agents should
betokens the perfection of good health.
insist upon the maintenance of profits or
"Business in Europe, "said Mr. Stein way, decline business association with such
' 'is much better than in this country. Take people. Better a smaller business operated
England, for instance; I think times never at a profit than encouraging a class of mer-
were better than they are at present, while cantile guerrillas. The most permanent and
the condition of the government finances successful business houses of the country
have also never been surpassed. Our trade are those built upon legitimate methods
in London is very satisfactory, and at the and respecting the rights of manufacturers.
factory in Hamburg like conditions also These latter are ever ready to advertise
prevail."
and push their productions, and merchants
When I asked Mr. Steinway relative to who lay claim to being just should be
the way in which European investors were above those business practices which revert
regarding America now that the Demo- disastrously upon the producer and his
cratic party has come out with the open army of operatives."
declaration for free silver, he said:
"European investors at the present time
The "Packard" Pianos.
are viewing American securities with con-
siderable lukewarmness. There is a deep-
NE of the most beautiful catalogues
seated 'impression there that if they place
which has come under our notice
a gold dollar in America that a dollar may within a recent date is that devoted to the
be returned to them worth considerably "Packard" piano, which has just reached
less. Again, take a class of men who have us from the Ft. Wayne Organ Co.
accumulated a moderate fortune and have Elegant and artistic in conception, beauti-
retired to enjoy the fruits of their labor. fully printed, . crisp and right to the
Suppose they have say $200,000, will they point from a literary standpoint, it is
invest it in European securities? No. The a work which cannot fail to be prolific
dividends are light while American invest- of the most satisfactory results in making
ments of the gilt-edged quality, and to all the "Packard" pianos better known. It
O