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Music Trade Review

Issue: 1907 Vol. 45 N. 19 - Page 10

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
10
THE
MUSIC
TRADE; REA/IEIW
HE DIDN'T OWE ANYTHING.
FIRST PRIZE FOR_SMITH & BARNES.
At Least the Dealer Thought So Because His
Assets and Liabilities Exactly Balanced—
Made no Allowance for Depreciation of Stock,
Hence Was Surprised Because His Conten-
tion Was Not Swallowed Wholesale.
This Well Known Instrument Secures Honor
at Atlanta, Ga., State Fair.
(Special to The Review.)
Chicago, 111., Nov. 4, 1907.
The Smith, Barnes & Strohber Co., of this city,
have just received the following letter from their
A very pertinent question is touched upon in representative at Atlanta, Ga., which tells the
the following story in the "Canadian Music story of the success of their instruments at the
Trades Journal," and it is a subject that should State Fair. It reads as follows:
be carefully studied by many dealers. The story
"Atlanta, Ga., Oct. 28, 1907.
runs as follows:
"Smith, Barnes & Strohber Co., 471-485 Clybourn
"I don't owe a cent," said a certain music
avenue, Chicago.
dealer in talking over business matters with the
"Gentlemen—I am very proud to inform you
selling representative of a piano manufacturing of our great success a t our State Fair. The
house. "Well, you are a lucky man," responded Smith & Barnes piano took the first prize and
the salesman, "and you have quite a big stock was also awarded the diploma for merits. We
here, too." "Yes, I have a good stock and a lot also had the pleasure of selling the Style 'G' to
of good notes, altogether my assets are $20,000 Hon. Philip Cook, Secretary of the State. We
and my liabilities are exactly the same. I just had the success of closing five piano sales dur-
finished my inventory and stock-taking this ing the fair. I am sure the Smith & Barnes
week." The salesman was a little nonplussed song books have gone almost all over the State
for the moment and asked him how he made out of Georgia. We had the best fair this year we
that he did not owe anything. "Why," said the have had in a long time and we certainly adver-
dealer, surprised at the salesman's apparent den- tised the Smith & Barnes and Wjllard pianos to
sity, "didn't I just tell you that my liabilities perfection. Yours very truly, W. H. Howard."
and assets balance, therefore, I don't owe any-
thing." The salesman said nothing but he after-
A WORTHY ORGANIZATION.
wards expressed a curiosity to know just how
many dealers take this view of the situation.
The value of a benevolent organization among
This dealer was practically insolvent, without the employes of a large factory was given atten-
knowing it, for if he were pressed by his credi- tion in the following item in the La Porte (Ind.)
tors he would be up against the impossibility of Argus-Bulletin regarding the way the plan
realizing quickly and to the full amount on his works among the employes of the Hobart M.
assets. Much of his paper, that he valued at Cable Co., whose factory is located in that town:
one hundred cents on the dollar may not have
The value of membership in the Hobart M.
realized fifty cents; his stock was to a certain Cable Sick Benefit Association is well illustrated
extent shopworn, no matter how little, and be- in the death of Abraham C. Wing, one of the
sides there is nothing like a winding up order to company's employes. The widow received a
depreciate the value of real estate if he had any. benefit of $75, a handsome floral piece was con-
The dealer who figures on this childlike basis is tributed, and the day of the funeral the society
on the treacherous edge of the hole of financial turned cut in a body and paid the last tribute
disaster and a sudden demand from his creditors which fraternity inspires.
would mean bankruptcy.
The Hobart M. Cable piano factory was repre-
sented by 150 men and they went to Pine Lake
Cemetery in specially chartered interurban cars.
The society has thoroughly proved its ability to
care for those in the shadow of sorrow. It is an
organization which is doing great good in its
special sphere of activity.
SMITH'S PURCHASE IN WINNIPEG.
John Smith, for twenty years connected with
the Bell Piano & Organ Co., Guelph, Can., being a
shareholder in that concern and looking' out for
their foreign business, has purchased a third in-
terest in the Winnipeg Piano & Organ Co., Win-
nipeg, Man., and will locate in that city. The
present proprietors of the Winnipeg Piano &
Organ Co. are Messrs. Maywood and Grassby.
PESSIMISTS TAKE NOTICE.
In contradiction of the theory voiced by a few,
that the local piano business is going to the eter-
nal bow-wows, it may be stated that in one day
last week nineteen pianos were sold at retail in
Steinway Hall. This was, of course, exclusive of
the large wholesale shipments. And a piker can't
own a Steinway, either; so the effects of the
money panic are not so far-reaching after all.
H. C. Ellsworth, a piano tuner, has purchased
an interest in the piano business of F. P. Brown,
Salem, O., and the business will he conducted in
future under the firm name of Brown & Ells-
worth.
The Galesburg Piano Co. have opened a branch
store in the former "Hawk-Eye" building, Bur-
lington, la., with J. H. Cartan as manager. Mr.
Rockwell, a number of years ago, was foreman
of the composing room for the "Hawk-Eye."
W- W. Stevens, a piano dealer of Lebanon,
Ind., has bought out the business of J. E.
Stevens, another music dealer of that place, and
will devote his store mainly to the sale of talk-
ing machines.
The above name has stood well to the forefront in the piano world
for over half a century. Whether times were good or bad the
Decker piano has always been maintained on a high scale. It had
been built as good as experienced workmen knew how to create.
Nothing has been overlooked in its make-up which could add
either to its architectural beauty or tonal qualities. The work of
three generations of Deckers is embodied in the product of 1907
and there has always been the same conscientious desire to produce
an instrument of artistic merit since the house was founded in 1856.
DECKER & SON
Q71 Hast 135th Street
NEW YORK

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