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THE MUSIC TRADE REVIEW
EDWARD 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
b* made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second- Class Matter.
NEW YORK, SEPTEMBER 19, 1896.
TELEPHONE NUMBER 1745. — EIQHTEENTH STREET.
"THE BUSINESS MAN'S PAPER."
AHUM STETSON returned to New
York Tuesday after one of those
flying Stetsonion Western visits. Leaving
New York Thursday he visited Pittsburg,
Chicago, Cincinnati, St. Louis, and re-
turned to his New York headquarters by
Wednesday. That's a record, but Mr. Stet-
son tosses off three or four thousand miles
of travel as an airy nothing.
One of the results of his visit to Cincin-
nati was the securing of permanent quar-
ters for the Steinway interests in that city.
They have secured a long lease of one of
the most imposing buildings on West
Fourth street, in an unexcelled spot on that
thoroughfare.
Mr. Stetson reports an encouraging out-
look throughout the West. In Chicago,
Steinway Hall was undergoing changes in
that they are running a balcony around the
Hall, which will give increased seating
capacity, and will give the substantial ad-
dition of fourteen private boxes, seven on
N
each side of the stage. They are now book-
ing entertainments far in excess of last
year.
#
#
Mr. E. N. Kimball, of the Hallet& Davis
Co., Boston, has been in town this week on
business connected with the affairs of that
concern. We learn that the largest mer-
chandise creditors of the Hallet & Davis
Co. have all gladly acquiesced to the pro-
position made by the company, and have
warmly expressed themselves regarding
the future of the concern. Also we learn that
a majority of the Boston banks have will-
ingly signed the proposition presented to
them by"Mr. Kimball.
The matter is just as we have held all
along—that the creditors of this old-time
house, when the matter was fairly pre-
sented to them, would gladly unite on such
agreement as would enable the concern
to once more assume its old-time position.
We learn that there have been no dissen-
sions regarding the extension asked, only a
few have been absent, thereby have been
unable to assent to the extension asked by
the company. There seems to be no ob-
stacle in the way of a speedy resumption of
the business of the Hallet & Davis Co., un-
der its old-time management.
From Chicago we also learn that the
bank officials who were affrighted over the
sudden turn of affairs after the Chicago
Convention have now signed the proposi-
tion submitted to them by the Chicago
Hallet & Davis corporation.
Mr. Kimball and his associates are to be
congratulated upon the excellent condition
of their affairs.
#
#
The statement which "Presto" published
last week anent the amount of trade matter
published by the trade papers is incorrect.
Injustice was done THE REVIEW. HOW in
the world "Presto" could omit two pages
in counting thirteen is really beyond our
comprehension. If "Presto" desired to be
fair, then it should at least apologize for a
glaring injustice done to a contemporary.
If its measurements placed THE MUSIC
TRADE REVIEW at the head of the list, why
not so announce it?
#
#
Attention is called to the second pub-
lication which appears in this issue of
the number of letters written by prom-
inent dealers regarding the trade pros-
pects all over America. The letters are
valuable in that they contain the views of
business men who are afforded every oppor-
tunity of judging of present and prospect-
ive trade conditions.
It is a noteworthy fact that thus far we
have not received a letter from a single
dealer, whether a silver or gold follower,
but who believes that business will im-
mediately improve should McKinley be
elected. There is one point which it is
well to consider. If the Republican candi-
date is elected the best minds in the coun-
try agree that business will begin to im-
prove immediately after his election. No
such general belief exists regarding the
election of Bryan. There seems to be an
unanimity of opinion regarding McKinley.
Then why take chances?
#
#
There will be a meeting of the creditors
of the Emerson Piano Co. to-day at the
offices of Long & Hemenway, 73 Tremont
street, Boston, at eleven o'clock, where the
affairs of the Emerson Piano Co. will be
discussed at length. The statement of the
assets and liabilities of the company have
been prepared by the trustees, and will be
presented at the meeting. It is probable
that the creditors will take some definite
action regarding the Emerson affairs. It
is the belief of all that the affairs of the
company will be speedily adjusted.
#
#
No trade=paper bulldozing.
No advertising payments in
advance.
No monetary loans to support
newspaper mendicancy.
#—#
Our " Specialty Talk " this week is with
Mr. Charles N. Post, vice-president of Lyon
& Healy, Chicago. Mr. Post is a gentleman
whose wide experience in a special field in
the musico-industrial affairs to which his
energies are confined renders his express-
ions of much value and interest.
#
#
John Boyd Thacher will come about as
near becoming the Governor of New York
State as he did of making a success as man-
ager of the Bureau of Awards at the
World's Fair.
#
#
It is probable that the Hazelton piano
will be handled by Mr. Ernest Urchs in
Cincinnati.
CHARLIE BF.CHT is doing good work for
the Smith & Barnes piano. He sold this
week four S. & B.'s to the New Amsterdam
Hotel and two more to well-known theatri-
cal celebrities in this city.
P. J. GILDEMEESTER, representing Stein-
way & Sons, will leave next Sunday for an
extended trip West. It is probable that
Mr. Gildemeester may journey as far as the
Pacific Coast.