Presto
Issue: 1922 1900 - Page 21
December 23, 1922.
GOOD FOREIGN PROSPECTS
Inquiries Received by Wilson Bros. Mfg. Co. From
Abroad Indicate Business Activity.
The number of inquiries received within the last
few weeks from foreign countries seems to indicate
that business from those countries will pick up at
once, according to the Wilson Bros. Mfg. Co., Chi-
cago, manufacturers of drums and accessories. The
orders have come almost all at the same time, and
all ask for details, having the indication of excellent
prospects.
The countries from which inquiries have been re-
ceived recently are New Zealand, Mexico, China,
Hawaii, Porto Rico, and France. The drum manu-
facturers have no explanation for the sudden re-
vival of interest from these countries.
PRESTO
Brenard Manufacturing Company in commemoration
of your twenty years of successful co-operation and
in appreciation of our cordial relations."
BLUE STAINED LUMBER
Kiln Drying Removes Blemish Says Official of
Forest Products Laboratory.
Blue stained wood occasionally causes trouble in
the piano factory as it does elsewhere. It has been
found a difficult matter to eliminate this loss and
much blue-stained material finds its way into the
markets and is put to various uses. Until control
methods are developed which will effectively and
economically prevent all staining and molding in
wood we will continue to have before us the problem
of how best to utilize discolored stock, says Ernest
E. Hubert, assistant pathologist, Bureau of Plant In-
dustry, Forest Products Laboratory, in an article
printed in the Hardwood Record, who says:
"Stained stock which has been kiln-dried and which
Partners in Brenard Manufacturing Co., Iowa City, shows no visible signs of decay is to be favored in
this requirement since tests conducted at the Forest
la., Give Dinner to Employes.
Products Laboratory have shown that a temperature
of 140° F. for a period of 6 hours is sufficient to kill
In celebration of the twenty years of partnership of
Theodore O. Loveland and James L. Records in the the blue-stain fungas and certain decay organisms
former Equitable and the Brenard Manufacturing in the center of test pieces up to 4 by 4 inches square.
Company and the present Brenard Manufacturing Tests made at the Forest Products Laboratory show
Company, Iowa City, la., Mr. and Mrs. Records and that molding and staining do not materially affect
Mr. and Mrs. Loveland recently entertained more the strength of wood for general commercial uses but
than 100 guests at a dinner at the Hotel Jefferson fol- the value of the wood is lowered for use where the
lowed by a dancing party at the Hotel Burkley later. discolorations are objectionable."
The guest list graciously included co-workers at the
Brenard plant and friends of Mr. and Mrs. Loveland
and Mr. and Mrs. Records.
The Brenard Manufacturing Co. makes the Cax-
tonola talking machine record and has as its motto: Financial Edition of Daily Newspaper Supplies Very
"As Good as the Best; Better Than the Rest."
Interesting Information in Print.
Those in attendance at the dinner received from the
A query by a correspondent to the financial editor
speaker an interesting story, of the early struggles of
Mr. Loveland and Mr. Records to make the Brenard of the New York Tribune concerning Victor Talking
Manufacturing Company the plant it now represents. Machine Company common stock, which sells at 165,
Its development was traced from the time of pur- par value 100, brought an enlightening answer. The
chasing the Equitable and Brenard business on De- correspondent asked: "What interest does this stock
cember 9, 1902, through the change in name to the pay on the par value, and why is it unlisted? Is an
Brenard Manufacturing Company in 1908 to the unlisted stock desirable? Is there any way of keep-
present and rosy predictions for the future of the ing in touch with unlisted stocks? What do you
think of this stock as an investment?"
business were not lacking.
The answer was printed: "The Victor Talking
At the close of the program silver plaques were
Machine Company has recently declared a 600 per
given to Mr. Loveland and Mr. Records, inscribed
as follows: "Presented by the employes of the cent stock dividend to common stockholders. At the
time of the proposal of the dividend it was said by
the president of the company there would be no
change in the cash distribution. The common stock
formerly paid dividends of 40 per cent, so the return
on shares under the increased capitalization will be
approximately one-seventh of 40 per cent. The com-
pany is largely controlled by its management and
probably has not considered outside interests suffi-
ciently large to make listing of the shares on an ex-
change of any great advantage. The fact that the
shares are not listed'does not detract greatly from
their investment value and we consider the stock
suitable for a business man."
RECORD MAKERS CELEBRATE
QUERY ABOUT VICTOR STOCK
21
COLUMBIA EIGHT PER CENT
Query of Correspondent as to Desirability of Holding
Them Answered in Daily Newspaper.
The Columbia Craphophone 8 per cent gold note
was the subject of a query by a correspondent printed
in the New York Tribune of December 13. This
was the question: "I am interested in one $1,000
five-year 8 per cent gold note of the Columbia
Graphophone Manufacturing Company. May I ask
your opinion as to the desirability of holding this
with expectation of full value in one year or two
year period or selling same at its present market and
seek to recover some of this loss through other pur-
chase, or give a suggestion of bond in which pro-
ceeds of sale (if sale advised) could be invested?"
For answer the newspaper printed this: "There is
an element of uncertainty attached to Columbia
Graphophone 8s that makes it impossible to predict
what the future price course will be and we cannot de-
cide for you, therefore, whether it would be wiser to
hold in hope of a recovery or to sell at a loss. All
that can be said is that the outlook for the company
has improved in the last six months and unless you
feel you can afford to continue the speculation you
should place the proceeds of a sale of the bond in
other securities, stocks perhaps."
CONNS USED AT OPENING.
Orchestra instruments of the Conn Co., Ltd., were
used at the opening of the Rainbo Gardens in Chi-
cago last Friday night, by Frank Westhal's orches-
tra. The opening of the gardens was attended by
C. D. Greenleaf, president of C. G. Conn, Ltd., and
his daughter, Miss Dorothy Greenleaf, came up from
Elkharf* specially for the occasion.
CROWDS AT OPENING.
At the recent formal opening of the T. D. Music
Box Store, 415 N. 7th street, St. Louis, Mo., over
12,000 visitors attended, according to Manager
Clucas. The new store is admirably equipped to ac-
complish the big talking machine and record busi-
ness aimed at.
PERFECTION BENCH CO.
DANCE-OGRAND
A DEAGAN MIRIMBAPHONE.
The small goods department of the Bush & Lane
I'iano Company, of Portland, Ore., Ernest J. Meyers,
manager, shipped a Deagan mirimbaphone to Juneau,
Alaska, last week to Sam Brenner, formerly of Port-
land, who is now playing in the orchestra of the Ritz
Theater of that place, and who says he wants to show
the natives of that northern clime what a Deagan
can do for an orchestra.
CHANGE IN BOSTON.
The Musical Supply & Equipment Co., Boston, has
been succeeded by the Sonora Phonograph Co. No
change has been made in the sales organization of
the Musical Supply & Equipment Co., and Joseph H.
llurke will continue as manager. But the Musical
Supply & Equipment Co. has come to an end and its
president, J. O. Morris, has no connection with the
new organization.
The Queen of Small-Sized Coin-Operated
Instruments
(57 in. high, 39 in. wide, 24 in. deep)
Dance-O-Grand includes SEVEN different instru-
ments—THREE sets of reeds with pipe effect, snare
drum, cymbal, triangle and tambourine.
The last
four can be shut off—individually or at once—by
convenient shut-off buttons.
Dance-O-Grand has a wonderful organ tone.
Is
equipped with swell box, shutters of which open and
close automatically, their action being controlled by
the roll.
The large organs and orchestrions have always been
costly in upkeep. We have produced in the Dance-O-
Grand an instrument that will cost very little to
maintain.
The tuning: is eliminated
entirely—a
large source of expense in other types.
Built in a period-designed case, walnut veneered
and finished in the popular two-tone effect.
NELSON-WIGGEN PIANO COMPANY
Chicago, U. S. A.
BUYS IN RUTLAND, VT.
F. S. Nicholson has bought out the interest of
J. G. Pollard in the United Talking Machine Co.,
Rutland, Vt., which is operated there by the E. E.
Tuttle Co. A serious illness is the cause of Mr.
Pollard's retiring from an active part in business.
The sales staff of the United Talking Machine Co.
has been increased to five members.
DEMAND FOR TOY DRUMS.
The principal demand on drum manufacturers dur-
ing the last few weeks has been for toy drums, in
preference to the really professional models, drum
men state. The demand for these gift drums pro-
vides a good source of profit for the manufacturer of
both professional and toy drums, but makes a lighter
season for the manufacturer who, handles the profes-
sional drum qnly.
1 1
II
¥
NOT
ANY IN
TRUST
W M
If
I
\
ORIGINATORS, DESIGNERS AND MANUFACTURERS
OF
PERFECTION PLAYER ROLL
CABINETS and PIANO
BENCHES
Quality, Service, Price
Perfection Piano Bench Mfg. Co.
614-618 So. Canal St.
Chicago
LEATHER
FOR
PLAYERS
ORGANS
PIANOS
PNEUMATIC LEATHERS A SPECIALTY
Packing, Valves, AH Special Tanned
Bellows Leather
T. L. LUTKINS, Inc.
40 Spruce Street
NEW YORK
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/
i
GOOD FOREIGN PROSPECTS
Inquiries Received by Wilson Bros. Mfg. Co. From
Abroad Indicate Business Activity.
The number of inquiries received within the last
few weeks from foreign countries seems to indicate
that business from those countries will pick up at
once, according to the Wilson Bros. Mfg. Co., Chi-
cago, manufacturers of drums and accessories. The
orders have come almost all at the same time, and
all ask for details, having the indication of excellent
prospects.
The countries from which inquiries have been re-
ceived recently are New Zealand, Mexico, China,
Hawaii, Porto Rico, and France. The drum manu-
facturers have no explanation for the sudden re-
vival of interest from these countries.
PRESTO
Brenard Manufacturing Company in commemoration
of your twenty years of successful co-operation and
in appreciation of our cordial relations."
BLUE STAINED LUMBER
Kiln Drying Removes Blemish Says Official of
Forest Products Laboratory.
Blue stained wood occasionally causes trouble in
the piano factory as it does elsewhere. It has been
found a difficult matter to eliminate this loss and
much blue-stained material finds its way into the
markets and is put to various uses. Until control
methods are developed which will effectively and
economically prevent all staining and molding in
wood we will continue to have before us the problem
of how best to utilize discolored stock, says Ernest
E. Hubert, assistant pathologist, Bureau of Plant In-
dustry, Forest Products Laboratory, in an article
printed in the Hardwood Record, who says:
"Stained stock which has been kiln-dried and which
Partners in Brenard Manufacturing Co., Iowa City, shows no visible signs of decay is to be favored in
this requirement since tests conducted at the Forest
la., Give Dinner to Employes.
Products Laboratory have shown that a temperature
of 140° F. for a period of 6 hours is sufficient to kill
In celebration of the twenty years of partnership of
Theodore O. Loveland and James L. Records in the the blue-stain fungas and certain decay organisms
former Equitable and the Brenard Manufacturing in the center of test pieces up to 4 by 4 inches square.
Company and the present Brenard Manufacturing Tests made at the Forest Products Laboratory show
Company, Iowa City, la., Mr. and Mrs. Records and that molding and staining do not materially affect
Mr. and Mrs. Loveland recently entertained more the strength of wood for general commercial uses but
than 100 guests at a dinner at the Hotel Jefferson fol- the value of the wood is lowered for use where the
lowed by a dancing party at the Hotel Burkley later. discolorations are objectionable."
The guest list graciously included co-workers at the
Brenard plant and friends of Mr. and Mrs. Loveland
and Mr. and Mrs. Records.
The Brenard Manufacturing Co. makes the Cax-
tonola talking machine record and has as its motto: Financial Edition of Daily Newspaper Supplies Very
"As Good as the Best; Better Than the Rest."
Interesting Information in Print.
Those in attendance at the dinner received from the
A query by a correspondent to the financial editor
speaker an interesting story, of the early struggles of
Mr. Loveland and Mr. Records to make the Brenard of the New York Tribune concerning Victor Talking
Manufacturing Company the plant it now represents. Machine Company common stock, which sells at 165,
Its development was traced from the time of pur- par value 100, brought an enlightening answer. The
chasing the Equitable and Brenard business on De- correspondent asked: "What interest does this stock
cember 9, 1902, through the change in name to the pay on the par value, and why is it unlisted? Is an
Brenard Manufacturing Company in 1908 to the unlisted stock desirable? Is there any way of keep-
present and rosy predictions for the future of the ing in touch with unlisted stocks? What do you
think of this stock as an investment?"
business were not lacking.
The answer was printed: "The Victor Talking
At the close of the program silver plaques were
Machine Company has recently declared a 600 per
given to Mr. Loveland and Mr. Records, inscribed
as follows: "Presented by the employes of the cent stock dividend to common stockholders. At the
time of the proposal of the dividend it was said by
the president of the company there would be no
change in the cash distribution. The common stock
formerly paid dividends of 40 per cent, so the return
on shares under the increased capitalization will be
approximately one-seventh of 40 per cent. The com-
pany is largely controlled by its management and
probably has not considered outside interests suffi-
ciently large to make listing of the shares on an ex-
change of any great advantage. The fact that the
shares are not listed'does not detract greatly from
their investment value and we consider the stock
suitable for a business man."
RECORD MAKERS CELEBRATE
QUERY ABOUT VICTOR STOCK
21
COLUMBIA EIGHT PER CENT
Query of Correspondent as to Desirability of Holding
Them Answered in Daily Newspaper.
The Columbia Craphophone 8 per cent gold note
was the subject of a query by a correspondent printed
in the New York Tribune of December 13. This
was the question: "I am interested in one $1,000
five-year 8 per cent gold note of the Columbia
Graphophone Manufacturing Company. May I ask
your opinion as to the desirability of holding this
with expectation of full value in one year or two
year period or selling same at its present market and
seek to recover some of this loss through other pur-
chase, or give a suggestion of bond in which pro-
ceeds of sale (if sale advised) could be invested?"
For answer the newspaper printed this: "There is
an element of uncertainty attached to Columbia
Graphophone 8s that makes it impossible to predict
what the future price course will be and we cannot de-
cide for you, therefore, whether it would be wiser to
hold in hope of a recovery or to sell at a loss. All
that can be said is that the outlook for the company
has improved in the last six months and unless you
feel you can afford to continue the speculation you
should place the proceeds of a sale of the bond in
other securities, stocks perhaps."
CONNS USED AT OPENING.
Orchestra instruments of the Conn Co., Ltd., were
used at the opening of the Rainbo Gardens in Chi-
cago last Friday night, by Frank Westhal's orches-
tra. The opening of the gardens was attended by
C. D. Greenleaf, president of C. G. Conn, Ltd., and
his daughter, Miss Dorothy Greenleaf, came up from
Elkharf* specially for the occasion.
CROWDS AT OPENING.
At the recent formal opening of the T. D. Music
Box Store, 415 N. 7th street, St. Louis, Mo., over
12,000 visitors attended, according to Manager
Clucas. The new store is admirably equipped to ac-
complish the big talking machine and record busi-
ness aimed at.
PERFECTION BENCH CO.
DANCE-OGRAND
A DEAGAN MIRIMBAPHONE.
The small goods department of the Bush & Lane
I'iano Company, of Portland, Ore., Ernest J. Meyers,
manager, shipped a Deagan mirimbaphone to Juneau,
Alaska, last week to Sam Brenner, formerly of Port-
land, who is now playing in the orchestra of the Ritz
Theater of that place, and who says he wants to show
the natives of that northern clime what a Deagan
can do for an orchestra.
CHANGE IN BOSTON.
The Musical Supply & Equipment Co., Boston, has
been succeeded by the Sonora Phonograph Co. No
change has been made in the sales organization of
the Musical Supply & Equipment Co., and Joseph H.
llurke will continue as manager. But the Musical
Supply & Equipment Co. has come to an end and its
president, J. O. Morris, has no connection with the
new organization.
The Queen of Small-Sized Coin-Operated
Instruments
(57 in. high, 39 in. wide, 24 in. deep)
Dance-O-Grand includes SEVEN different instru-
ments—THREE sets of reeds with pipe effect, snare
drum, cymbal, triangle and tambourine.
The last
four can be shut off—individually or at once—by
convenient shut-off buttons.
Dance-O-Grand has a wonderful organ tone.
Is
equipped with swell box, shutters of which open and
close automatically, their action being controlled by
the roll.
The large organs and orchestrions have always been
costly in upkeep. We have produced in the Dance-O-
Grand an instrument that will cost very little to
maintain.
The tuning: is eliminated
entirely—a
large source of expense in other types.
Built in a period-designed case, walnut veneered
and finished in the popular two-tone effect.
NELSON-WIGGEN PIANO COMPANY
Chicago, U. S. A.
BUYS IN RUTLAND, VT.
F. S. Nicholson has bought out the interest of
J. G. Pollard in the United Talking Machine Co.,
Rutland, Vt., which is operated there by the E. E.
Tuttle Co. A serious illness is the cause of Mr.
Pollard's retiring from an active part in business.
The sales staff of the United Talking Machine Co.
has been increased to five members.
DEMAND FOR TOY DRUMS.
The principal demand on drum manufacturers dur-
ing the last few weeks has been for toy drums, in
preference to the really professional models, drum
men state. The demand for these gift drums pro-
vides a good source of profit for the manufacturer of
both professional and toy drums, but makes a lighter
season for the manufacturer who, handles the profes-
sional drum qnly.
1 1
II
¥
NOT
ANY IN
TRUST
W M
If
I
\
ORIGINATORS, DESIGNERS AND MANUFACTURERS
OF
PERFECTION PLAYER ROLL
CABINETS and PIANO
BENCHES
Quality, Service, Price
Perfection Piano Bench Mfg. Co.
614-618 So. Canal St.
Chicago
LEATHER
FOR
PLAYERS
ORGANS
PIANOS
PNEUMATIC LEATHERS A SPECIALTY
Packing, Valves, AH Special Tanned
Bellows Leather
T. L. LUTKINS, Inc.
40 Spruce Street
NEW YORK
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/
i
Future scanning projects are planned by the International Arcade Museum Library (IAML).