Music Trade Review

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THE MUSIC TRADE REVIFW
has gone down and analyze the conditions
which led to their financial disaster, we
must conclude that even this firm was forced
to assign for other reasons than its dealings
with the piano manufacturers of this coun-
try.
The Faxon firm have borne an excellent
reputation in Boston as plate manufacturers
and dealers in piano hardware. Of late,
however, there has been a sort of gradual
decay in regard to the firm's business.
Outside competition has certainly affected
them seriously.
Again, they entered the field as bicycle
manufacturers, manufacturing the wheel
known as the "Puritan." It is possible
and quite probable that their experience in
this new field worked quite as much to
their ruin as their enterprise in the piano
trade.
So we say still that the piano supply trade
—that is, the men who devote their capital
and energies solely to the development of
one branch of the business—is still trium-
phant. There has not been a break in the
line.
•
the distinguished pianist, will visit this
country next January. During her tour,
which will be opened in this city Jan. 8th
at the Philharmonic concert, she will play
the Knabe grand piano. This is a signifi-
cant tribute to the excellence of this cele-
brated instrument, which has been praised
and admired by some of the world's great-
est musicians.
#
#
It will be a source of general gratification
to learn that the prospects for an immedi-
ate settlement of the financial affairs of the
Emerson Piano Co. are such that an early
resumption of business is assured. If Mr.
Powers and his associates had doubts at
any time regarding the estimation in which
they are held by the members of the trade,
it must now be dispelled, for the telegrams
and letters which have poured in on the
house, and the general expressions of re-
gret and goodwill which have been ex-
pressed by those unacquainted with the
members of the firm, afford eloquent testi-
mony to the honored character of the indi-
vidual members of the firm and the gen-
eral high standing of the Emerson Piano
*
No trade=paper bulldozing.
No advertising payments in
advance.
No monetary loans to support
newspaper mendicancy.
#—#
Co.
#
#
In all this the Haines piano must be con-
sidered as obliterated as a commercial fac-
tor.—"Musical Courier."
It seems to us that the foregoing is a
malicious and uncalled for attempt to in-
jure the reputation and standing of the
concern known as Haines Bros. Incorpor-
T
: The proposition which the Hallet & Da- ated. For a trade editor to ignore the ex-
vis Co. have made to their creditors—to istence of the Haines Bros, piano is to
pay one hundred cents on the dollar, display a spirit of intentional ignorance not
provided they will be allowed from six to at all creditable. The Haines Bros, piano
forty-eight months to pay the same—is, which is manufactured by Haines Bros,
we are pleased to learn, meeting with gen- is a live factor in the trade. Its standing
eral acceptance, and its consummation is is unassailable and its future is of the
brightest.
assured.
#
#
It is Mr. E. N. Kimball's intention to
Christopher Garretson, president of the
visit New York for the purpose of consult-
Kroeger
Piano Co., tells us that his com-
ing with the creditors instead of calling a
pany are creditors to only a small amount
formal meeting.
From the start we have had no doubt as to the Gorham firm of Worcester. The
to the resuscitation of this old house. It statement has been published that the in-
has always been conducted on upright and debtedness exceeded $8,000, the amount is
honest lines, and it is bound to win for it- nearer $800, and the company are not feel-
self a distinguished career in the future as ing the slightest uneasiness regarding this
indebtedness.
it has in the past.
#
#
A "good name" is worth a fortune in it-
Wm.
Steinway
returned
last Thursday
self, and although not an available asset in
a practical sense, yet in the business world from Richfield Springs, N. Y., where he
it means much, particularly to a firm who has been spending his vacation. Mr. Stein-
are lucky enough to back it up with a satis- way is much refreshed by reason of his
vacation, and proposes to assert his influ-
factory financial showing.
ence to the cause of sound money during
the coming Presidential contest.
After an absence of seven years, which
has been notable for the achievement of
HUGO SOHMER arrived yesterday from
many artistic successes, Teresa Carrefio, Europe.
•.
#
#
W
M. KNABE, who has been journeying
through Mexico, San Francisco, and
the great West, was a visitor to town this
week. In the course of a conversation last
Thursday he referred enthusiastically to
Mr. James E. Healy's accession to the firm
of Wm. Knabe & Co., which will occur
the middle of this month.
In October Mr. Healy will marry the
daughter of Mr. Chas. Keidel, head of the
Knabe house, but in the meantime it is his
intention to enter into his new field of com-
mercial operations at once.
Mr. Healy is an exceedingly popular
young gentleman, whose special training
and education fit him for the position which
he will occupy as a member of the firm of
Wm. Knabe & Co. His gentlemanly bear-
ing, unvarying courtesy to every one who
has come in contact with him, combined
with proq-ressiveness and ability as a busi-
ness man, will enable him to win many
friends for the Knabe house, while the close
relations which have existed between him
and all connected with the Lyon & Healy
establishment will cause his departure to b«
sincerely regretted.
Congratulations and good wishes will ac-
company Mr. Healy in his new undertaking
—an undertaking which cannot fail to be
of mutual advantage to all concerned.
* *
*
It is a significant fact that notwithstand-
ing the general business depression that
churches of all denominations have plenty
of money to spend for pipe organs. In all
sections of the country there seems to be an
unusual demand for "the king of instru-
ments, '' and many of the manufacturers are
compelled to work overtime or increase
their staff of workers. It is gratifying to
know that at least one department of the
music trade is prosperous.
Last Sunday's " H e r a l d " contained a
lengthy essay upon " The Evolution of the
Piano," as illustrated particularly in the
recent invention of Mr. Morris Steinert, of
New Haven, Conn., which was fully des-
cribed some time since in these columns.
It is said that Siegel, Cooper & Co.
will try the experiment of handling pianos
in their immense bazaar on Sixth avenue.
If they have no greater success than
Bloomingdale Bros, and department stores
in other cities, they will find the experi-
ment an unprofitable one.