Music Trade Review

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
business in one of fourteen cities. They
are especially encouraging in view of the
great fall of prices within the five years,
and with exceptional floods and other re-
tarding influences this year. While spe-
culative business in nearly all lines is small,
EDWARD LYMAN
Edltor and Proprietor.
and does not swell clearing house returns,
as in previous years, the volume of legiti-
PUBLISHED EVERY SATURDAY
mate trade shows no corresponding de-
3 East 14th St.. New York
crease, and the fact is one of the highest
SUBSCRIPTION (including postage) United States and
importance in all business calculations.
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column,
Moreover, returns of failures for April by
ertion. On q quarterly or yearly contracts 2 special >
Insertion.
count i* allowec
branches of business given only by the
REMITTANCES, in other than currency form, should
b« made payable to Edward Lyman BilL
mercantile agency show decrease in num-
Bnttred mt ths Ntw York Pbst Offic* as Second-Class Mmttmr. ber, amount and average of liabilities in
almost every branch of trade.
N E W YORK, MAY 15, 1897.
+
h
TELEPHONE NUMBER 1743. — EIGHTEENTH STREET.
The latest figures relating to the imports
THE KEYNOTE.
and exports of musical instruments which
The first week of each month, The Review
appear
in another part of this paper afford
will contain a supplement embodying the liter-
ary and musical features which have heretofore interesting reading. They convey the
appeared in The Keynote. This amalgamation cheering information that we are selling
will be effected without in any way trespassing
on our regular news service. The Review will more than we are buying. For the month
continue to remain, as before, essentially atrade alone there is not only an increase of ex-
paper.
ports over the same period a year ago but
THE TRADE DIRECTORY.
The Trade Directory, which is a feature of the figures for the nine months foot up
The Review each month, is complete. In it ap- close on $29,000 in our favor as compared
pears the names and addresses of all firms en-
gaged in the manufacture of musical instruments with 1896.
and the allied trades. The Review is sent to
The most important feature of this re-
the United States Consulates throughout the
port,
however, is the decrease in imports
world, and is on file in the reading rooms of the
of musical instruments. For the past nine
principal hotels in America.
months it sums up $275,131 as compared
AN ENCOURAGING REPORT.
with the same period twelve months ago.
OTWITHSTANDING the uniform
It is true these figures are not startlingly
complaints we hear regarding busi- large, but when it is remembered that dur-
ness, proofs exist—and undeniable proofs
ing the past few years our imports were
at that—of the marked improvement in the
regularly in excess of our exports in
general condition of trade throughout the
amounts that did not afford pleasure or
country. This is evident in almost every
encouragement to our manufacturers, the
industry, and it only needs the settlement
changed condition of things is significant
of tariff legislation, and the creation of a
and worthy of special comment.
more hopeful and optimistic feeling, to in-
The revolution in exports and imports in
sure a speedy arrival of the "good old
the music trade field prevails pretty gener-
times."
rally in all branches of industry today.
The most significant evidence of the The figures tell of the change better than
business betterment which now exists, is
mere words. When it is known that there
found in the report issued last week by
has been an increase of $143,435,547 in the
Dun's Commercial Agency. The facts
total value of the exports of domestic mer-
therein are valuable, because they are based
chandise from the United States for the
on investigation and comparisons and
past nine months as compared with the
demonstrate that things are not as bad as
same period a year ago, and that our total
a great many think they are. Here is an
imports for the same time show a decrease
excerpt from the report. It is encouraging 1
of over $100,000,000, it shows a vast bal-
reading:
ance of trade in favor of this country, and
Nearly all will be astonished to learn that
is decidedly ominous of improved commer-
actual sales in April by leading houses in
cial conditions.
each line of business in the principal cities
H
+
east of the Rocky Mountains average only
There has been a decided awakening
about ten percent, less than in April, 1892, among American manufacturers during the
the year of the largest business hitherto, past few years in the matter of extending
and were six per cent, more than in the the commerce of the United States to the
same month last year. Yet this is the Republics of South America. It is a re-
summary of 357 reports, each covering ac- markable fact that only a brief period has
tual salesof leading merchants in a line of elapsed since this market was controlled
N
almost exclusively by European manufac-
turers.
Up to the time the editor of this paper
visited Mexico and published the"Southern
Number" of The Music Trade Review, in
the Spanish language, music trade men
hardly considered their chances in this then
unworked field. Since the publication of
that number, not only have prominent
music trade men visited Mexico and South
America, but the shipments of musical in-
struments of all kinds have shown a re-
markable increase, with every prospect
ahead for building up a fine business in
that section of the country.
The delegation of prominent South Am-
erican merchants who are scheduled to
reach this city early next month affords
proof that the efforts which American
manufacturers have put forth recently in
competing with Europe for South Ameri-
can trade, is productive of good results—
it marks a new era in trade connections
with the great continent south of us.
H- +
Secretary Kammerer, of the American
Piano Manufacturers' Association, informs
us that a majority of manufacturers to
whom he has sent letters asking their
opinion as to the advisability of holding a
business session and banquet in New Yoik
some time in June, have sent afrirmativo
replies. It it now an assured fact that
the dinner and convention will occur as re-
ported elsewhere in this issue.
We have maintained for years that much
could be evolved from an association which
had for its real object the advancement of
those interests which promote trade wel-
fare.
The Music Trades Exposition, to be held
next month, in this city, in connection
with the Convention of the Music Teachers'
National Association,is apparently not excit-
ing as much interest in the music trade field
as the projectors of the enterprise expected
when the idea was first put forth.
Arrested for Defrauding Dealers.
I Special to The Review.]
Kansas City, Mo., May 11, 1897.
Stonewall Tingle, a Dallas lawyer, has
been airested on a Federal Grand Jury in-
dictment, charging him with using the
United States mails to defraud J. W. Jen-
kins & Sons, music instrument dealers of
this city, and others of valuable instru-
ments. Under the name of "Otho Aron-
zon" Tingle he is alleged to have bought
goods from the firms on credit.
George Reichmann is a yachtman. Last
Thursday night he was elected a member
of the Carnarsie Yacht Club,