Presto
Issue: 1920 1793 - Page 14
14
m T o
RUBINSTEIN'S LAST TOUR
AND THE PIANO HE USED
Observing Reader and Practical Tuner Says Instru-
ment Belongs to C. C. Polk.
Writing from Boston to Presto, O. W. Moran, a
practical piano tuner, talks interestingly about the
last American tour of Anton Rubinstein as follows:
"In 1872 Rubinstein toured America, receiving
$40,000 for 215 concerts. Later he refused $125,000
to repeat the tour. He used the Steinway piano and
if T have it correctly, C. C. Polk, of the tuning school
at Valparaiso, Ind., has that piano now. 1 saw it
while there last season. I believe Mr. Po!k told me
he purchased it in some town in Illinois. Rubinstein
toured America in 1872-3 and died in 1894.
"H. E. Turner's article on paino tuning I read with
interest, but will say many teachers are as ignorant
as pupils on piano tone and history. A teacher
should have all pianos tuned when teaching on them.
If out of tune, children, if talented, will detect false-
unisons. The plan of placing directions on each
piano as how to care for it and keep in tune is good."
FIRST LESSONS IN THE
PROBLEM OF DISCOUNTS
Questions and Answers Which Bear Upon Matters
of Interest in the Trade.
1. What is discount? Discount is a deduction
made from a gross sum on any account whatever.
2. In speaking of cash discount what is meant?
It is a reduction made for the cash payment of a
bill of goods.
3. By time discount what is meant? It is the
reduction made from the Hst or catalog price within
a specified time.
4. In.commercial discount where is the reduction
allowed 0 It is allowed on the list or fixed price of
the article.
5. What is the face of a note? The sum for
which the note is drawn.
6. When protest is made why is it done? For
the nonpayment of a note and consists of a formal
declaration in writing made by a notary public at
the request of the holder of a note, and notifying
the makers and indorsers of its nonpayment.
7 What is true discount? It is the interest which
added to principal (called present worth) will equal
the face of the note.
8. When a bank cashes a note or time draft what
is the sum charged by the bank called? Bank
discount.
9. What is meant by present worth? The pres-
ent worth of a debt payable at some future time
without interest is that sum which, being put at
legal interest, will amount to the debt at the time-
it becomes due.
10. How long a time is covered by the term of
discount? It is the time from the date of discount
of a note to its maturity. Notes may contain ,i
promise of interest which will be reckoned from the
date of the note unless some other time is specified.
MAKING MORE MONEY WITH
CLARK ORCHESTRA ROLLS
Leaflet Issued by Manufacturers Proves a Point
Valuable to Electric Piano Owners.
A leaflet issued by the Clark Orchestra Roll Co.,
De Kalb, 111., asks the owner of an electric piano to
"figure this out for yourself": "Supposing you can
buy music rolls for your electric piano for 25c a roll
less than the price of Clark orchestra rolls. Assume
that other makes of rolls will collect $8.00 worth of
nickels each month from your piano. By buying
other makes of rolls you are saving 25c on each roll
and increasing your earnings for the month from
$8.00 to $8.25, or a little more than 3 per cent. That
sounds like good business.
"But—it has been proved repeatedly that Clark
orchestra rolls will double the income from any e 1 ec-
tric piano. To be conservative, let us assume that
a Clark orchestra roll will collect $12.50 instead of
S8.00. Deduct from this the extra 25c you had to
pay for the roll and your net income is $12.25. Your
profits have increased from $8.00 to $12.25 or over
50 per cent—56 per cent, to be exact. Is it worth
while paying the difference?"
December 4, 1920.
CHICAGO CITY MANAGER OF
EASTERN MUSIC ROLL CO.
Harry J. Shonewald, Who Has Been Given Impor-
tant Position With Mel-O-Dee.
As was an-
nounced
last
week. Harry D.
Shonewald has
been appointed
city sales man-
ager of the Mel-
O-Dee Co. in
Chicago. He Is
a live-wire in
the business and
he knows how
to stir up trade
and keep it in
the
condition
that
causes
things to move.
W i t h Gordon
Laughead, and
the rest of the
Chicago organ-
i z a t i o n, Mr.
Shonewald is a
part of a wide-
a w a k e selling
force, and his
HARRY .1. SHONEWALD.
Ipart in it will
prove a forceful influence in the results.
The music roll industry has developed into so
important a place in the trade that only the most
active, resourceful and industrious men are fitted to
it in the best sense. Mr. Laughead believes that in
Mr. Shonewald the company has a man who will
prove of great value in keeping the Chicago trade
informed and fruitful in distributing the rolls of
his house.
Q R S CHRISTMAS ROLLS.
The most desirable songs for Christmas to be
sung with the aid of Q R S music rolls and a GuL
bransen playerpiano are advertised in a special way
this week by the Young & Chaffee Furniture Com-
pany, Grand Rapids. Mich.: "Christmas Song," Q
R S Roll No. 124; "O Come All Ye Faithful," Q R
S Roll No. 668: "Silent Night, Holy Night,'" Q R S
Roll No. 133: "O Christmas Tree," Q R S Roll
No. 138.
NOW SELLING INSURANCE.
Once a missionary always a missionary fits the
average piano man. And so Dr. George M. Soule,
long associated with the piano industry in New
York, is now selling life insurance. The doctor is
with the Equitab'e Life Insurance Co. in the
metropolis and piano men's widows will have more
money later along because of the fact. And goo'!
piano men always make good insurance men.
BETTER THAN EVER
THE NEW EDITION
PRESTO BUYERS' GUIDE
NOW IN PREPARATION
Orders for quantities of 100 or more copies must be placed at once or
we cannot guarantee deliveries.
Single Copy SO Cents, Post Paid
No Dealer or Salesman Can Afford to Be Without It
PRESTO PUBLISHING CO., 407 So. Dearborn St., Chicago
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/
m T o
RUBINSTEIN'S LAST TOUR
AND THE PIANO HE USED
Observing Reader and Practical Tuner Says Instru-
ment Belongs to C. C. Polk.
Writing from Boston to Presto, O. W. Moran, a
practical piano tuner, talks interestingly about the
last American tour of Anton Rubinstein as follows:
"In 1872 Rubinstein toured America, receiving
$40,000 for 215 concerts. Later he refused $125,000
to repeat the tour. He used the Steinway piano and
if T have it correctly, C. C. Polk, of the tuning school
at Valparaiso, Ind., has that piano now. 1 saw it
while there last season. I believe Mr. Po!k told me
he purchased it in some town in Illinois. Rubinstein
toured America in 1872-3 and died in 1894.
"H. E. Turner's article on paino tuning I read with
interest, but will say many teachers are as ignorant
as pupils on piano tone and history. A teacher
should have all pianos tuned when teaching on them.
If out of tune, children, if talented, will detect false-
unisons. The plan of placing directions on each
piano as how to care for it and keep in tune is good."
FIRST LESSONS IN THE
PROBLEM OF DISCOUNTS
Questions and Answers Which Bear Upon Matters
of Interest in the Trade.
1. What is discount? Discount is a deduction
made from a gross sum on any account whatever.
2. In speaking of cash discount what is meant?
It is a reduction made for the cash payment of a
bill of goods.
3. By time discount what is meant? It is the
reduction made from the Hst or catalog price within
a specified time.
4. In.commercial discount where is the reduction
allowed 0 It is allowed on the list or fixed price of
the article.
5. What is the face of a note? The sum for
which the note is drawn.
6. When protest is made why is it done? For
the nonpayment of a note and consists of a formal
declaration in writing made by a notary public at
the request of the holder of a note, and notifying
the makers and indorsers of its nonpayment.
7 What is true discount? It is the interest which
added to principal (called present worth) will equal
the face of the note.
8. When a bank cashes a note or time draft what
is the sum charged by the bank called? Bank
discount.
9. What is meant by present worth? The pres-
ent worth of a debt payable at some future time
without interest is that sum which, being put at
legal interest, will amount to the debt at the time-
it becomes due.
10. How long a time is covered by the term of
discount? It is the time from the date of discount
of a note to its maturity. Notes may contain ,i
promise of interest which will be reckoned from the
date of the note unless some other time is specified.
MAKING MORE MONEY WITH
CLARK ORCHESTRA ROLLS
Leaflet Issued by Manufacturers Proves a Point
Valuable to Electric Piano Owners.
A leaflet issued by the Clark Orchestra Roll Co.,
De Kalb, 111., asks the owner of an electric piano to
"figure this out for yourself": "Supposing you can
buy music rolls for your electric piano for 25c a roll
less than the price of Clark orchestra rolls. Assume
that other makes of rolls will collect $8.00 worth of
nickels each month from your piano. By buying
other makes of rolls you are saving 25c on each roll
and increasing your earnings for the month from
$8.00 to $8.25, or a little more than 3 per cent. That
sounds like good business.
"But—it has been proved repeatedly that Clark
orchestra rolls will double the income from any e 1 ec-
tric piano. To be conservative, let us assume that
a Clark orchestra roll will collect $12.50 instead of
S8.00. Deduct from this the extra 25c you had to
pay for the roll and your net income is $12.25. Your
profits have increased from $8.00 to $12.25 or over
50 per cent—56 per cent, to be exact. Is it worth
while paying the difference?"
December 4, 1920.
CHICAGO CITY MANAGER OF
EASTERN MUSIC ROLL CO.
Harry J. Shonewald, Who Has Been Given Impor-
tant Position With Mel-O-Dee.
As was an-
nounced
last
week. Harry D.
Shonewald has
been appointed
city sales man-
ager of the Mel-
O-Dee Co. in
Chicago. He Is
a live-wire in
the business and
he knows how
to stir up trade
and keep it in
the
condition
that
causes
things to move.
W i t h Gordon
Laughead, and
the rest of the
Chicago organ-
i z a t i o n, Mr.
Shonewald is a
part of a wide-
a w a k e selling
force, and his
HARRY .1. SHONEWALD.
Ipart in it will
prove a forceful influence in the results.
The music roll industry has developed into so
important a place in the trade that only the most
active, resourceful and industrious men are fitted to
it in the best sense. Mr. Laughead believes that in
Mr. Shonewald the company has a man who will
prove of great value in keeping the Chicago trade
informed and fruitful in distributing the rolls of
his house.
Q R S CHRISTMAS ROLLS.
The most desirable songs for Christmas to be
sung with the aid of Q R S music rolls and a GuL
bransen playerpiano are advertised in a special way
this week by the Young & Chaffee Furniture Com-
pany, Grand Rapids. Mich.: "Christmas Song," Q
R S Roll No. 124; "O Come All Ye Faithful," Q R
S Roll No. 668: "Silent Night, Holy Night,'" Q R S
Roll No. 133: "O Christmas Tree," Q R S Roll
No. 138.
NOW SELLING INSURANCE.
Once a missionary always a missionary fits the
average piano man. And so Dr. George M. Soule,
long associated with the piano industry in New
York, is now selling life insurance. The doctor is
with the Equitab'e Life Insurance Co. in the
metropolis and piano men's widows will have more
money later along because of the fact. And goo'!
piano men always make good insurance men.
BETTER THAN EVER
THE NEW EDITION
PRESTO BUYERS' GUIDE
NOW IN PREPARATION
Orders for quantities of 100 or more copies must be placed at once or
we cannot guarantee deliveries.
Single Copy SO Cents, Post Paid
No Dealer or Salesman Can Afford to Be Without It
PRESTO PUBLISHING CO., 407 So. Dearborn St., Chicago
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/
Future scanning projects are planned by the International Arcade Museum Library (IAML).