Music Trade Review

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THE MUSIC TRADE REVIEW
OUR EXPORT AND IMPORT TRADE.
Import Trade of Musical Instruments Shows
Increase—Exports for the Month Are Also
Larger—Player Shipments Make Fine Rec-
ord—The Figures in Detail Regarding the
Various Instruments Furnish Some Interest-
ing Particulars to Our Readers.
torney-General, "that the dividend received by a
corporation of a character to which the act
applies should be deducted from its gross income
regardless of the amount of net income of such
dividend paying corporation."
11
WORLD'S FAIRJN NEW YORK.
Scheme for Big Exposition in 1913 Is Launched
—Chas. H. Koster Off to Interest Foreign
Countries—Some Interesting Details.
The promoters of the New York World's Fair
for 1913 launched their scheme this week when
information was sent out as to the plans and
On Business at Annual Meeting—Old Officers
(Special to The Review.)
scope
of the exposition. The fair is to be held
Re-elected and Semi-Annual
Dividend of
Washington, D. C, Feb. 3, 1910.
in commemoration of the 300th anniversary of
Three Per Cent. Declared.
The summary of exports and imports of the
the settlement of Manhattan by the Dutch. The
commerce of the United States for the month of
World's Fair Co. is incorporated as the New
(Special to The Review.)
December, 1909, the latest period for which it has
York Advancement Co. Thursday last Charles
York, Pa., Jan. 31, 1910.
been compiled, has just been issued by the The Weaver Organ & Piano Co. held their H. Koster, one of the vice-presidents, started on
Bureau of Statistics of the Department of Com- annual meeting on Thursday afternoon. The re- a trip around the world by way of San Francisco
merce and Labor. The figures relating to musi- ports of the president and secretary and treas- as a Foreign Commissioner.
cal merchandise, including pianos, organs, piano urer showed a very substantial increase of busi-
Mr. Koster took with him a strong letter of
players and miscellaneous "small goods" in the ness done in 1909 over that of 1908, amounting introduction and endorsement from Assistant
musical field are as follows:
to about 25 per cent, for the year. It is note- Secretary of State Alvey A. Adee at Washington,
The dutiable imports of musical instruments worthy that the greater part of the increase took a letter of authorization from the New York
during December amounted to $126,572, as com- place during the last six months of the year. World's Fair Co. and a trunkful of literature.
pared with $100,799 worth which were imported The forty-fourth semi-annual dividend of 3 per He will visit San Francisco, Hawaii, Japan,
the same month of 1908. The twelve months' cent, was declared. The stockholders of the China, Philippine Islands, Borneo, Malay Penin-
total ending December shows importations valued company are located in York with one exception, sula, Burmah, India, Ceylon, Egypt, Italy, Ba-
at $1,346,511, as against ?1,199,131 worth of musi- and number thirty-two persons, including many varia, Germany, Netherlands, Belgium, France,
cal instruments imported during the same period
England, Scotland and Ireland.
of our most prominent citizens.
of 1908. This gives an increase in imports for the
It is expected that the municipal, State and
The total capital stock outstanding is $400,000,
twelve months ending December of $147,380.
all in one kind of stock without any outstanding Federal governments as well as foreign nations
The import figures for the twelve months' bonds. This company paid out over $100,000 in
will participate. It should be the greatest of all
period for the three years are as follows: 1907, salaries and wages during the past year and
world's fairs as befits the size, wealth and dig-
$1,586,896; 1908, $1,199,131; 1909, $1,346,511.
will probably pay out a larger amount the en- nity of Greater New York. The site is to be
The total domestic exports of musical instru- suing year as the sale of pianos is rapidly in- within the city limits.
ments for December, 1909, amounted to $298,078, creasing.
The first and only world's fair held in New
as compared with $259,668 for the same month
York was a notable success in 1853 in the once
Messrs. M. B. Gibson, Charles F. Baer and
of the previous year. The twelve months' ex- W. S. Bond were elected directors for the en- famous Crystal Palace on the site of what is now
portation of musical instruments amounted to suing year. The directors' meeting followed, at Bryant Park, and at it every nation was well
$2,971,137, as against $2,830,640 for the same which M. B. Gibson was re-elected president and
represented. In the early '90s large sums of
period in 1908. This shows an increase in ex- \V. S. Bond secretary and treasurer.
money were spent and more than $2,000,000 was
ports for the twelve months ending December of
subscribed to locale the world's fair of 1893 in
$140,497.
this city, but Chicago was selected by the Federal
NEW
PIANO
HOUSE
IN
DENVER.
The export figures for the twelve months'
Government after a contest that became political
period for the three years are as follows: 1907, Frank Darrow Starts Out with Krell-French history.
Agency—To Incorporate Soon.
$3,442,777; 1908, $2,830,640; 1909. $2,971,137.
For figures on attendance a sound basis is fur-
Of the aggregate exportations in December
nished by statistics of other world's fairs.
Frank Darrow, the well-known Denver (Col.)
there were 972 organs, valued at $64,997, as com-
At Philadelphia in 1876, with a population of
pared with 767 organs in 1908, valued at $58,104. piano man, has opened warerooms of his own at 700,000. there was an attendance of 10,000,000,
The twelve months' total shows that we exported 612 Fourteenth street, and has secured the agency or fourteen times its actual population.
9,610 organs, valued at $707,860, as against 9.682 for the entire Krell-French line of pianos and
At Chicago in 1893, with a population of
player-pianos, with which he is already doing a
organs, valued at $682,481, for the same period
1,250.000, there was an attendance of 27,000,000,
in 1908, and 12,536, valued at $845,280, for the very good business. It is Mr. Darrow's intention or twenty-one times its actual population.
to incorporate the business at an early date under
same period in 1907.
At Paris in 1900, with a population of 2,500,-
In December, 1909, we exported 511 pianos, the title of the Darrow Music Co., and will then 000, there was an attendance of 55,000,000, or
valued at $109,872, as against 373 pianos, valued increase the number of lines carried.
twenty-two times its actual population.
at $92,275, in December, 1908. The twelve
At St. Louis in 1904, with a population of 600,-
INCREASE CAPITAL STOCK.
months' total exports show 4,512 pianos, valued
000, there was an attendance of 18,000,000, or
at $1,053,745. as compared with 3,574, valued at Schroeder Piano Co., Pittsburg, Pa., to En- thirty times its actual population.
$847,119, exported in the same period of 1908,
The company states that a careful and con-
large Scope of Business—Their Success.
and 4,229, valued at $1,050,343, for the same pe-
servative estimate of cost of construction, im-
riod in 1907.
The Schroeder Piano Co., Pittsburg, Pa., who provements, etc., from this date and up to the
Of the aggregate exportations in December opened for business last summer, and who were opening of the New York World's Fair may be
there were 295 piano players, valued at $80,826. decidedly successful from the start, recently ap- figured as follows:
:(;.">.lO.I.OOO
For the twelve months' period, 2,528 of these in- plied to the State authorities for permission to F o r s e v e n t e e n p a l a c e s of e x h i b i t s
o r a n u m b e r of s m a l l e r b u i l d i n g s
~>O(),(>()()
increase their capital stock from $11,000 to F For
struments, valued at $650,533, were sent abroad.
grounds and Improvement of same. . . .
L>,.">00,00<)
For
pre-exhibition
expenses
1,."H)0,000
The value of "all other instruments and parts $75,000, all paid in. It is planned to use the
Total
IfiUiO.'., OOO
thereof" sent abroad during December, 1909, new capital to considerably expand the scope of
The officers of the fail 1 are: President, James
amounted to $42,383; in the same month of 1908 the business.
F. Graham; vice-presidents, Samuel Verplank
the value was estimated at $81,292.
Hoffman, Dr. Gustav Scholar, W. O. Homan,
The total exports for the twelve months under
CHANGE IN SALINA MUSIC CO.
Charles H. Koster, Col. Arthur MacArthur, Tunis
this heading foot up $558,999, as against $641,-
S. P. Bratt has purchased the interest of H. C. G. Bergen and Hugh McElroy; secretary, George
794 exported during the same period of 1908, and
$872,049 exported during the same period in 1907. Bernhardt in the Salina Music Co., Salina, Kan., N. Moran; treasurer, James McCaldin; auditor,
and will conduct the business in the future. The M. A. Smith; foreign commissioner, Charles H.
This shows a decrease of $82,795.
warerooms of the concern have been removed Koster.
to a second floor location on West Iron avenue.
WEAVER CO/S CHEERY REPORT
CORPORATION TAX DECISION.
Companies May Deduct from Income Dividends
from Other Companies.
CARRENO SCORES IN SALT LAKE CITY.
SAN JOSE, CAL., HOUSES CONSOLIDATE.
Carstensen & Anson Co., Local Agents for the
F. E. McArthur, who recently bought out the
Everett Piano, Make Good Advertising Matter
Engle Music Co., San Jose, Cal., has consolidated
of Her Success.
(Special to The Kevlew.)
Washington, Jan. 30, 1910. the business with that of W. S. Phillips. Th'i
The Carstensen & Anson Co., Salt Lake City,
Attorney-General Wickersham at the request business of the two stores will be conducted
of Secretary of the Treasury MacVeagh has ren- under the name of the McArthur Music House Utah, who are agents for the Everett piano in
that city and virinity, are well pleased with the
dered an opinion on the question of whether or at 60 South Second street.
results of the recital recently given by Carreno
not a corporation receiving income from an-
in Salt Lake City and at which she used that
other corporation subject to the corporation tax
PIANO DEALER ONCE COWBOY.
instrument. The Carreno recital was one of the
shall deduct that income from its gross receipts"
if the net income of the corporation from which
R. F. Bohart, a piano dealer of Bozeman, most successful musical events ever held in that
it is received has been less than $5,000 and Mont., was formerly a cow puncher of the West- city and drew a record audience of fashionable
people. Needless to say the fact is being well
therefore not taxable under the law.
ern ranges. Incidentally he is a mighty good
advertised.
"I am clearly of the opinion," said the At- piano salesman.