Music Trade Review

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW, OCTOBER, 1941
moving the $5.00 transportation cost,
and dividing the remainder by 11. as
in Example No. 1 (b),—1 11 of $330.00
—$30.00.
10. RETAIL SALES
If the manufacturer sells at retail the
basis for tax, if he also regularly sells at
wholesale in substantial quantities, will
be the regular wholesale price. If his
wholesale sales are made at several vary-
ing but bona fide rates of discount, the
basis for tax will be the average selling
price for the smallest wholesale lots. If
the manufacturer does not regularly sell
at wholesale in substantial quantities, a
fair market price, which will constitute the
basis for tax, will be established by the
Commissioner of Internal Revenue.
11. CONSIGNMENT SALES
The basis for tax on merchandise sold
through a consignment dealer will be
ordinarily the net price received from the
dealer.
12. ACCESSORIES
Musical instrument accessories, which
we construe to include piano benches, are
not subject to the tax.
13. EXCHANGES
When merchandise, on which tax has
been paid, is returned, the sale is re-
scinded, and the price refunded, the man-
ufacturer may obtain credit or refund of
the tax paid. If only a portion of the price
is refunded, a proportionate amount of
the tax will be credited or refunded.
14. SALES TO THE UNITED STATES
AND POLITICAL SUBDIVISIONS
No tax attaches to merchandise sold
direct to the United States or any of its
States or Territories or any political sub-
division thereof. If the sale is made to a
dealer for resale to the United States,
States, Territories or such political subdi-
visions, the tax attaches (even though it
is known that such resale will take place)
but the manufacturer may secure a credit
or refund of the tax so paid when such
resale takes place. The regulations re-
quire that a certificate of exemption be
obtained as to all sales claimed to be tax
free under this provision.
Believes that South should be favored
with Shorter Installment Term
The new installment regulations which
went into effect on September 1st have
created considerable discussion through-
out the music industry with opinions vary-
ing on some of the minor details but on
the whole bringing universal approval.
Dealers in the South, however, feel that
18 months maximum is too short a term
for that part of the country making the
monthly installments beyond the reach of
the middle classes. This is reflected in a
statement made recently by Paul S.
Felder, president of Philip Werlein Ltd.,
New Orleans, La. and past president of
the National Association of Music Mer-
chants when he said, "The only criticism
that I have to make is that the 18 months
maximum is all right for the North, where
money is plentiful and where the middle
classes earn enough to make monthly
payments, but in the South, where the
scale is lower, it does not seem fair that
the government should use the same yard-
stick. The business done in the South in
pianos is but a small part of the total busi-
ness done in the nation and by granting
24 months to the South, they would
secure about the same restriction in in-
stallment selling as they will in the North
under the 18 months regulation.
"L therefore think that this differential
should be made and I am trying to organ-
ize some of the southern music merchants
in an effort to bring pressure to bear on
Congress to put us on a parity -with the
northern music dealers."
pianos may be displayed and a large
room for the stenographic, clerical and
bookkeeping staff with a private office for
Secretary Carl Wohlburg. The six story
The executive offices of Kohler <& Camp- plant is now in full operation and produc-
bell, Inc., are now located at 614 West tion is steadily increasing.
51st Street, New York in the building
where Kohler & Campbell pianos are now
"Bill" Mennie a Grandpappy
being manufactured. The offices were
A
new priority consideration came into
moved last month from 629 West 50th
Street, where they have been located for the life of W. A. Mennie, secretary of the
several years. At present they are on the music industry associations, on the 14th
little Mary Bemedette
second floor of the plant where a suite of September when
!
of rooms have been arranged with a pri- Monteleone, 8 /2 lbs. arrived at the home
vate office for President Julius A. White of Mr. and Mrs. Thomas Monteleone in
and one for vice president Gustave Port Chester, N. Y. Mrs. Monteleone is
Behning, a large reception room where Mr. Mennie's only daughter.
Kohler & Campbell
Offices Moved
Huston-Baldwin Co. makes Sales
at Wisconsin State Fair
15. SALES FOR EXPORT AND SHIP-
MENT TO THE UNITED STATES
POSSESSIONS
No tax is due with regard to merchan-
dise sold for export or for shipment to a
possession of the United States.
16. RETURNS AND PAYMENT
Tax return should be filed on or before
the last day of the month succeeding the
month in which the tax attaches. Re-
mittance for the tax must accompany the
return. Each manufacturer should obtain
his own forms from the Collector of Inter-
nal Revenue for his own District.
Huston-Baldwin Exhibit at Wisconsin State Fair
The Wisconsin State Fair proved profit-
able for the Huston-Baldwin Stores Mil-
waukee, Wis., who held an exhibit there
this year. This fair is always very largely
attended and this year, besides accumu-
lating a long list of prospects, the Huston-
Baldwin organization sold seven pianos
in the first few days. Present at the ex-
hibit during the Fair were E. G. Ascher
and Gordon Kofler, wholesale represent-
atives of the company, who may be seen
in the accompanying illustration.