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Music Trade Review

Issue: 1899 Vol. 29 N. 26 - Page 11

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
Italians Apply.
Some More Incorporations.
Levasser Assigns.
TO THE SCHOMACHER PIANO CO. IN RESPONSE
TO A FAKE ADVERTISEMENT.
This has been a busy week in the incor-
poration field. In other parts of The Re-
view there appear several items regarding
a number of moves in this connection.
As we go to press we receive news of other
incorporations in different parts of the
country.
Last Wednesday the Levasser Piano Co.,
Cincinnati, O., made an assignment. This
does not come in the nature of a surprise,
inasmuch as the company ha,d not been
rated financially strong-, for ,$ome time.
The Levasser Piano Co., of which Louis
Levasser has been the principal owner and
manager, was incorporated in 1890 with a
capital stock of $30,000^
Last Saturday the sub-joined advertise-
ment appeared in the Enquirer of Phila-
delphia:
MEN—Number of Italians with knowledge of
tools to learn piano trade; no experience required.
Apply at Schomachrr Piano Co., 1109 Chestnut
street, or at factory, Eleventh and Catharine
streets, at 9 o'clock.
New York.
The Metropolitan Phonograph Co. has
been
formed with a capital stock of $100,-
In response to the call at an early hour
000.
It proposes to manufacture phono-
Italians began to threaten the Schomacher
graphs
that can be sold at $1 each. The
warerooms, and Col. Gray who was at his
wholesale
cost of manufacture will be, ac-
desk was overwhelmed with the applica-
cording
to
the prospectus, only 50 cents
tions for work. The men came in regi-
each,
yet
the
sounds produced by the
ments," and at last the cause of their visit
phonograph
are
said to be almost as per-
was revealed in the innocent looking ad-
fect
as
the
most
improved Edison phono-
vertisement. It is said that it was in-
graph.
The
company
was incorporated
serted in the paper by an employee who
under
the
laws
of
New
Jersey.
had been ten years with the Schomacher
Co. Col. Gray said, " The plain intention
Tennessee.
The Chicago Cottage Organ Company
of the advertisement was to cripple us.
All our men are well satisfied and are well Thursday filed an amendment to its char-
paid. Nevertheless if we advertise for ter increasing its capital stock from one
foreign workmen the union would order million to two million dollars.
every man from our factory. We do not
New York:
know whether the employee identified as
The Electric Piano Co. will be formed
the man who placed the advertisement did under New Jersey laws, with a capital
it through his own ill will or was prompted stock of $100,000. The company will make
by others, but a thorough investigation will a self-playing instrument, and it will be
be made and a warrant sworn out."
operated by electricity. Wires connected
with the apparatus will enable the piano to
The Price of Lumber.
be played from any part of the house.
The question of the future price of lum-
Illinois.
ber is one which is occupying the minds of
The Secretary of State of Illinois granted
those engaged in the industry at the pres- a license to the following corporation on
ent time, and it is freely asserted that it Dec. 19th; National Gramophone Corpora-
will never again be as cheap as in recent tion of New York, Yonkers, N. Y. ; capital
years. On this head the Cleveland Leader stock, $800,000; capital in Illinois, $27,000.
observes that it is already a fair question
whether or not lumber will ever be cheap, Tremaine Denies Consolidation.
as values were rated less than one year ago.
The report in a morning paper yesterday
No sound judge of economic and industrial
conditions can doubt that many staples that a combination of manufacturers of
will lose much of the advance made in the self-playing musical instruments had been
past ten months. It is inevitable, in the completed is not correct. It was said that
nature of things. With timber and all its the yEolian Co. was the prime mover in the
products the case is different. The dark- scheme, and that the name of that com-
ening shadow of inadequate or very expen- pany would be retained. The constituent
sive supplies lies over the trade in mer- companies which were included in the re-
chandise which comes from the forests. ported combination were the yEolian Co.,
It will not be permanently lifted by any Vocalion Co. and the Votey Co., of Detroit,
known agency. With population and Mich. The.consolidation, it was said, would
production of all kinds fast increasing, and include all the manufacturers of self-playing
the country gradually filling up, the de-
mand for timber and wood of all kinds instruments as well as those in the per-
will naturally increase. That means heavier forated sheet music industry.
At the office of the iEolian Co., in this
drafts upon the forests, and the best pos-
sible care of our remaining sources of sup- city, it was learned that there was no con-
ply can hardly make lumber cheap and solidation on foot, and that the Vocalion
plentiful, in the old sense. There may be Co., of Worcester, Mass., had been con-
temporary depression in the market, but solidated with the vEolian Co. for the past
reactions from too sudden and violent ad- year. The Votey Co. was not to be com-
vances in the price level will scarcely last bined, nor had any negotiations been car-
long. - Under such conditions it is the im- ried on towards that end.—N. Y. Commer-
perative duty of all govermental and edu- cial.
cational authorities to do what they can to
A Great Showing.
guard against the threatened lack of timber
in the United States. There is no plainer
The official figures of the Treasury
responsibility.
Bureau of Statistics place the total value
of imports of merchandise into the United
Frank F. Peard, the advertising manager States in November, 1899, at $74,452,283,
for Wm. Knabe & Co., was in town this an increase of $2,255,945 over October's
week. Mr. Peard is not only a clever orig-
inator of advertising, but occupies an im- imports. The total value of the exports of
portant position in the newspaper world, merchandise in November amounted to
being at the head of that important daily $123,752,038, a decrease of $2,208,889 from
those of the preceding month.
publication, the Baltimore Herald.
Ricca Factory Extension.
Plans have been drawn for a new Ricca
factory, having a frontage oia Southern
Boulevard of 150 feet, and a similar front-
age on 134th street. The new building
will be four stories high and will include
every modern improvement. The founda-
tions will be laid for the new portion,
which adjoins the building now occupied,
early in the new year.
Calendars for 1900.
Just at this time, the calendars begin to
pour in from different parts for the new
year.~ We ha,ve referred to the charming
calendars supplied by the Krell, Stultz &
Bauer and others. This 1 week the Sterling
Co. have favored us with a beautifully
lithographed and imposing calendar for
he new year. It is of convenient size and
will find an appreciative audience wher-
ever it goes.
, The Wegman Piano Co. have sent out
perhaps the most elaborate -which has
reached this office. A dozen bright faced
little children are cleverly grouped upon a
ground work of forget-me-nots. It is in-
deed a most charming souvenir.
Wickham, Chapman & Co., the famous
plate makers of Springfield, O., have sent
us a calendar in green and gold which con-
tains a photograph of the " Herring
Grounds" in colors. There are also half
tones of the members of the Wickham,
Chapman corporation. Together with this
they have sent a beautiful sample of color
photography, "Under the Willows," which
is decidedly a work of art.
The Staib-Abendschein Co., the well-
known action manufacturers, are out with a
color scene, "On the Meadows," which is
exceedingly attractive and in excellent
taste.
The Weaver Organ Co.'s new calendar
has the happy, contented face of a young
maiden lithographed in colors, around
. whom is gathered a quartette of little
angels.
The Otto Higel Co., Toronto, Can., ac-
tion manufacturers, have sent a combined
calendar and booklet which makes a very
tasteful as well as handsome reminder.
Thus far the calendars for the New Year
have eclipsed anything which has been
issued by the trade heretofore.
Krakauer Report.
The Krakauer report for this week
shows that there is no let-up in the de-
mand for Krakauer products. It is found
impossible to accumulate any reserve
stock. Every instrument is shipped just
as soon as completed.

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