Music Trade Review
Issue: 1916 Vol. 62 N. 3 - Page 47
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
TH£ MUSIC TRADE REVIEW
COPPER PRICES MAY RECEDE.
Easier Market Before End of Month Is Ex-
pected by Brokers—Supply Believed to Be
Ample—Spot Stuff Held for Future Delivery.
Belief that the turning point in the skyward
trend of copper has been reached is gaining
ground daily, and the future of copper is regarded
in a bearish aspect by the metal market generally.
One of the leading commission brokers is known
to be advising his clients to refrain from covering
future copper requirements, as the outlook is for
an easier market before the end of January. It is
pointed out that copper in its advance from 18 to
24 cents has gone up 33 Ms per cent., and, while a
large amount of red metal has been sold on the
upward movement, it is felt that sellers have not
disposed of all their holdings. As to the reported
shortage of near-by copper, this is regarded as
being more or less theoretical, as the producers
most hold spot copper as a hedge against the large
sales made for future delivery.
The advance in prices on raw material has
caused a substantial increase on all copper and
brass products. The demand is strong, and most
plants are booked full for several months to come.
The leading manufacturers will not issue quota-
tions on their products, though the average price
on brass wire is at present known to run from
$30 to $32.
B1RD'S=EYE MAPLE^EVER IN DEMAND.
The use of bird's-eye maple is centuries old, the
ancient Romans knowing and prizing the beauty of
this peculiarly marked wood. It has always been
a scarce wood, and to-day is found in this country
only in Wisconsin and Michigan. The small sup-
ply is responsible for it being used almost entirely
in the manufacture of veneers. The trees grow in
groups, and even when they have attained a twenty-
five-year growth are rarely more than two feet in
diameter. The cutting is done in the winter, and
the logs are seasoned in the open until the follow-
ing spring, when they are sorted, the best being
used for veneers, the remaining logs 'being cut into
lumber for furniture, piano backs, etc. Much of
the less finely marked wood is cut into pin blocks
for pianos, and its adaptability to any color of dye
renders it admirable for inner panels and the in-
terior finish of buildings. The wood is unique in
that it cannot be imitated, and there is no substi-
tute which can effectively be used in its place.
Market values of this wood are usually steady,
and do not vary much from year to year, but there
seems to be a slight tendency to boost prices owing
to a very gradual, but nevertheless sure, diminish-
ing supply of this timber. This result is inevitable
eventually, unless the ordinary demand for this
beautiful wood decreases materially, and there
are no present indications that such will be the
case.
LUMBER-OUR BIGGEST INDUSTRY.
Represents a Total Investment of $2,500,000,-
000—Losses Suffered the Past Year.
Lumbering is the country's biggest industry,
judging from the number of persons employed,
says Nation's Business. This industry has 48,000
saw mills, $1,000,000,000 investment in these plants,
and 605,000 men employed. The standing timber
brings the total investment to $2,500,000,000.
This industry furnishes railroads a traffic in-
The Ohio Veneer Co.
CINCINNATI, O.
Importers a n d Manufacturers of
Figured Mahogany, Circassian Wal-
nut and Foreign Woods for high-
grade piano cases and cabinets.
Nmw York OfKem and Samplm Rmom
Grand Central Palace Building
Lexington Ave. and 46th St.
G, Ji VAUGHAN, Eastern RepresentatiTe
come of $200,000,000 a year. Yet lumbering is one
of the most depressed of industries and seems to
be the victim of its own helplessness, because of
uncontrolled competition. In the yellow pine in-
dustry, which comprises more than half the lum-
ber production, chaos has resulted from ouster
proceedings of the Missouri Supreme Court, bring-
ing prices down 35.75 per cent. The past few years
have entailed an estimated loss to labor, carrier
and manufacturer of $89,000,000.
NO TRUTH JN THE STORY
That the American Felt Co. Has Transferred
Its Piano Hammer Felt Business from Dolge-
ville, N. Y., to Glenville, Conn.
A rumor is going the rounds to the effect that
the American Felt Co. had transferred its piano
hammer felt business from Dolgeville, N. Y., to
Glenville, Conn. This evidently came up from the
fact that a few men were transferred from Dolge-
ville to Glenville, it being the custom to shift men
from mill to mill as the contingency demands.
The piano trade has associated Dolgeville with
piano hammer felt so long that the words are al-
most synonymous, and there isn't the slightest
desire on the part of the company to shift its
well appointed plant at Dolgeville to any other
spot.
MONTANA WOOLJCLIP SMALLER.
Production for 1915 Is Four Million Pounds
Less Than 1914 Clip—Higher Prices Rule.
Manufacturers of piano felt will be interested
in the report just made public that Montana's wool
clip for 1915 was 25,000,000 pounds, as compared
with 29,000,000 for 1914. The prospect is for a
further reduction in gross tonnage this year, but
probably not so great as from 1914 to 1915. De-
spite the reduced tonnage, the Montana wool
growers should net $1,000,000 more for the 1915
than the 1914 clip, because of the superior quality
and the higher prices occasioned by the war, ac-
cording to E. A. Gray, general agent in the State
of the Chicago & Northwestern Railway. As rep-
resentative of the railway, Mr. Gray has been in
close touch with the wool situation for many years.
And when you're satisfied
that we've the best punch-
ings on the market, cut
clean and accurately from
the best of material in cellu-
loid, cloth, felt, fibre,
leather, paper, rubber or
whatever you want, give
us credit and send your
orders to
CFGDEPEL&CO
137
E A S T I3 T -* ST.
NE.W YORK
American-made oxides, which have also increased
somewhat in price, are not sufficient to take care
of the requirements of the trade, necessarily limit-
ing the supply of white rubber considerably.
BRONZE STUDIED BY GOVERNMENT.
Bureau of Standards Completes Investigation
of Effect Caused by Manufacturing Processes.
The quality of metal castings is usually deter-
mined by measuring the properties of a test
specimen cast from the same metal. The United
States Bureau of Standards has completed an in-
vestigation of the various foundry operations that
influence the properties of the test specimen, for
one of the most generally used alloys, known as
Government 'bronze, having the composition 88
copper, 10 tin and 2 zinc. The bureau studied the
effects of temperature on castings, methods of
THE MANUFACTURE OF RUBBER.
gauging, casting, molding, kind of sand, heat treat-
When Tapped from Trees Is Pure White— ment and the effect of similar factors upon the
resulting mechanical properties.
Other Coloring Caused by Chemicals and
Dyes, Which Are Added to Toughen It.
A microscopic examination of the ^fractured test
specimens showed that the most common source.
Pure rubber, as it is tapped from the tree, is a of weakness was the occurrence of oxides within
creamy white liquid. It is sometimes coagulated the metal. Such oxides appear frequently as thin
to retain this creamy white color, but more often
films throughout otherwise sound metal, producing
it is smoked, which gives it a transparent brown- a condition of brittleness and low ductility. The
ish color.
results of such tests are of great importance to all
All rubber, when used commercially, has to be users of alloys.
vulcanized with sulphur. If the rubber is pure
and contains nothing but sulphur, it will ibe a gray
CONGRATULATIONS.
color after it is vulcanized, but when stretched out
The appearance of 1916 was very eventful for
into thin sheets and held up to the light it will be
almost transparent and of a pale brown or creamy Mr. and Mrs. Walter E. Goepel, a daughter being
color. Any other color than this is given to rubber born on the third of January, who was named
by the addition of various chemical substances for Frances Elizabeth.
imparting to it special properties, usually to
toughen it and to give it additional wearing quali-
ties, or chemical adulterants may be used which
have no virtue whatsoever, but are used solely to
cheapen it. A pure white color is usually produced
BRANCH OFFICES
by the addition of oxide of zinc, which has long
been known as one of the ibest tougheners of rub-
iHINGES l«0 No. Chicago
Fifth AT*
ber and has been extensively used in the manufac-
ture of automobile tire treads. Black is usually
San Francisco
produced by the addition of lampblack or some
164 Hantford Bldg
organic chemicals. Reds are produced by the addi-
tion of antimony or oxides of iron.
Lot Angelct
224 Central Bldg.
Some time ago most rubber products were gray,
usually on account of the combination of lead and
Minneapolis
zinc oxide. The discovery of new materials to
3416 Second A re.,So
replace lead made possible the production of
Illustrated Catalog S
mailed o n request.
tougher white stocks. The present war has had the
effect of decreasing the supply and increasing the
price of one of these materials, namely, oxide of
zinc. The imported oxide has increased in cost
over 400 per cent., and there is practically none
obtainable even at its present high cost. The
SPSS)
INVISIBLE
TH£ MUSIC TRADE REVIEW
COPPER PRICES MAY RECEDE.
Easier Market Before End of Month Is Ex-
pected by Brokers—Supply Believed to Be
Ample—Spot Stuff Held for Future Delivery.
Belief that the turning point in the skyward
trend of copper has been reached is gaining
ground daily, and the future of copper is regarded
in a bearish aspect by the metal market generally.
One of the leading commission brokers is known
to be advising his clients to refrain from covering
future copper requirements, as the outlook is for
an easier market before the end of January. It is
pointed out that copper in its advance from 18 to
24 cents has gone up 33 Ms per cent., and, while a
large amount of red metal has been sold on the
upward movement, it is felt that sellers have not
disposed of all their holdings. As to the reported
shortage of near-by copper, this is regarded as
being more or less theoretical, as the producers
most hold spot copper as a hedge against the large
sales made for future delivery.
The advance in prices on raw material has
caused a substantial increase on all copper and
brass products. The demand is strong, and most
plants are booked full for several months to come.
The leading manufacturers will not issue quota-
tions on their products, though the average price
on brass wire is at present known to run from
$30 to $32.
B1RD'S=EYE MAPLE^EVER IN DEMAND.
The use of bird's-eye maple is centuries old, the
ancient Romans knowing and prizing the beauty of
this peculiarly marked wood. It has always been
a scarce wood, and to-day is found in this country
only in Wisconsin and Michigan. The small sup-
ply is responsible for it being used almost entirely
in the manufacture of veneers. The trees grow in
groups, and even when they have attained a twenty-
five-year growth are rarely more than two feet in
diameter. The cutting is done in the winter, and
the logs are seasoned in the open until the follow-
ing spring, when they are sorted, the best being
used for veneers, the remaining logs 'being cut into
lumber for furniture, piano backs, etc. Much of
the less finely marked wood is cut into pin blocks
for pianos, and its adaptability to any color of dye
renders it admirable for inner panels and the in-
terior finish of buildings. The wood is unique in
that it cannot be imitated, and there is no substi-
tute which can effectively be used in its place.
Market values of this wood are usually steady,
and do not vary much from year to year, but there
seems to be a slight tendency to boost prices owing
to a very gradual, but nevertheless sure, diminish-
ing supply of this timber. This result is inevitable
eventually, unless the ordinary demand for this
beautiful wood decreases materially, and there
are no present indications that such will be the
case.
LUMBER-OUR BIGGEST INDUSTRY.
Represents a Total Investment of $2,500,000,-
000—Losses Suffered the Past Year.
Lumbering is the country's biggest industry,
judging from the number of persons employed,
says Nation's Business. This industry has 48,000
saw mills, $1,000,000,000 investment in these plants,
and 605,000 men employed. The standing timber
brings the total investment to $2,500,000,000.
This industry furnishes railroads a traffic in-
The Ohio Veneer Co.
CINCINNATI, O.
Importers a n d Manufacturers of
Figured Mahogany, Circassian Wal-
nut and Foreign Woods for high-
grade piano cases and cabinets.
Nmw York OfKem and Samplm Rmom
Grand Central Palace Building
Lexington Ave. and 46th St.
G, Ji VAUGHAN, Eastern RepresentatiTe
come of $200,000,000 a year. Yet lumbering is one
of the most depressed of industries and seems to
be the victim of its own helplessness, because of
uncontrolled competition. In the yellow pine in-
dustry, which comprises more than half the lum-
ber production, chaos has resulted from ouster
proceedings of the Missouri Supreme Court, bring-
ing prices down 35.75 per cent. The past few years
have entailed an estimated loss to labor, carrier
and manufacturer of $89,000,000.
NO TRUTH JN THE STORY
That the American Felt Co. Has Transferred
Its Piano Hammer Felt Business from Dolge-
ville, N. Y., to Glenville, Conn.
A rumor is going the rounds to the effect that
the American Felt Co. had transferred its piano
hammer felt business from Dolgeville, N. Y., to
Glenville, Conn. This evidently came up from the
fact that a few men were transferred from Dolge-
ville to Glenville, it being the custom to shift men
from mill to mill as the contingency demands.
The piano trade has associated Dolgeville with
piano hammer felt so long that the words are al-
most synonymous, and there isn't the slightest
desire on the part of the company to shift its
well appointed plant at Dolgeville to any other
spot.
MONTANA WOOLJCLIP SMALLER.
Production for 1915 Is Four Million Pounds
Less Than 1914 Clip—Higher Prices Rule.
Manufacturers of piano felt will be interested
in the report just made public that Montana's wool
clip for 1915 was 25,000,000 pounds, as compared
with 29,000,000 for 1914. The prospect is for a
further reduction in gross tonnage this year, but
probably not so great as from 1914 to 1915. De-
spite the reduced tonnage, the Montana wool
growers should net $1,000,000 more for the 1915
than the 1914 clip, because of the superior quality
and the higher prices occasioned by the war, ac-
cording to E. A. Gray, general agent in the State
of the Chicago & Northwestern Railway. As rep-
resentative of the railway, Mr. Gray has been in
close touch with the wool situation for many years.
And when you're satisfied
that we've the best punch-
ings on the market, cut
clean and accurately from
the best of material in cellu-
loid, cloth, felt, fibre,
leather, paper, rubber or
whatever you want, give
us credit and send your
orders to
CFGDEPEL&CO
137
E A S T I3 T -* ST.
NE.W YORK
American-made oxides, which have also increased
somewhat in price, are not sufficient to take care
of the requirements of the trade, necessarily limit-
ing the supply of white rubber considerably.
BRONZE STUDIED BY GOVERNMENT.
Bureau of Standards Completes Investigation
of Effect Caused by Manufacturing Processes.
The quality of metal castings is usually deter-
mined by measuring the properties of a test
specimen cast from the same metal. The United
States Bureau of Standards has completed an in-
vestigation of the various foundry operations that
influence the properties of the test specimen, for
one of the most generally used alloys, known as
Government 'bronze, having the composition 88
copper, 10 tin and 2 zinc. The bureau studied the
effects of temperature on castings, methods of
THE MANUFACTURE OF RUBBER.
gauging, casting, molding, kind of sand, heat treat-
When Tapped from Trees Is Pure White— ment and the effect of similar factors upon the
resulting mechanical properties.
Other Coloring Caused by Chemicals and
Dyes, Which Are Added to Toughen It.
A microscopic examination of the ^fractured test
specimens showed that the most common source.
Pure rubber, as it is tapped from the tree, is a of weakness was the occurrence of oxides within
creamy white liquid. It is sometimes coagulated the metal. Such oxides appear frequently as thin
to retain this creamy white color, but more often
films throughout otherwise sound metal, producing
it is smoked, which gives it a transparent brown- a condition of brittleness and low ductility. The
ish color.
results of such tests are of great importance to all
All rubber, when used commercially, has to be users of alloys.
vulcanized with sulphur. If the rubber is pure
and contains nothing but sulphur, it will ibe a gray
CONGRATULATIONS.
color after it is vulcanized, but when stretched out
The appearance of 1916 was very eventful for
into thin sheets and held up to the light it will be
almost transparent and of a pale brown or creamy Mr. and Mrs. Walter E. Goepel, a daughter being
color. Any other color than this is given to rubber born on the third of January, who was named
by the addition of various chemical substances for Frances Elizabeth.
imparting to it special properties, usually to
toughen it and to give it additional wearing quali-
ties, or chemical adulterants may be used which
have no virtue whatsoever, but are used solely to
cheapen it. A pure white color is usually produced
BRANCH OFFICES
by the addition of oxide of zinc, which has long
been known as one of the ibest tougheners of rub-
iHINGES l«0 No. Chicago
Fifth AT*
ber and has been extensively used in the manufac-
ture of automobile tire treads. Black is usually
San Francisco
produced by the addition of lampblack or some
164 Hantford Bldg
organic chemicals. Reds are produced by the addi-
tion of antimony or oxides of iron.
Lot Angelct
224 Central Bldg.
Some time ago most rubber products were gray,
usually on account of the combination of lead and
Minneapolis
zinc oxide. The discovery of new materials to
3416 Second A re.,So
replace lead made possible the production of
Illustrated Catalog S
mailed o n request.
tougher white stocks. The present war has had the
effect of decreasing the supply and increasing the
price of one of these materials, namely, oxide of
zinc. The imported oxide has increased in cost
over 400 per cent., and there is practically none
obtainable even at its present high cost. The
SPSS)
INVISIBLE
Future scanning projects are planned by the International Arcade Museum Library (IAML).