Presto
Issue: 1923 1915 - Page 6
April 7, 1923
PRESTO
on a consignment basis. By this method he can at
all limes get the pianos he needs; sell them on either
a cash or time basis; does not have the burden of
carrying time sales himself; has no notes falling due
which he must meet (or renew if he can); is relieved
of practically all financial worries, and is assuming
only one obligation and that is honesty in his deal-
Strong New York Piano Industry Protests ings with the house that is backing him.
A Silent Partnership.
That the Easy System cf Securing Stock
The relations between a manufacturer and dealer
Without Cash Investment Is Very
handling pianos on consignment are virtually that of
Generally in Vogue.
a silent partnership. The manufacturer furnishes the
goods, the dealer furnishes the store and salesman-
New York City, March 28, 1923.
Editor Presto: We read your "Where Doubts Are ship, and the profits on the retail sales of pianos are
Dispelled,'" issue of Saturday, March 24th, and we practically all the dealer's, only a small percentage of
are particularly interested in your answer to a dealer it going to the manufacturer as his compensation for
in Vermont who inquires about pianos on consign- carrying the consignment account.
ment. We are writing this in hopes that you will
We hope that you will realize that this letter is not
give i* place in your publication, for we believe that written in a spirit of criticism, nor are we making a
the casual reading of your reply to this dealer's in- bid for business, nor for free advertising, for if you
quiry may give a wrong impression of the consign- see lit to publish it we have no desire for you to use
ment proposition, and unwittingly cause an injustice our firm name, unless you wish to do so. The letter
to the manufacturers who are backing such a large is written in hopes that it will correct any wrong im-
percentage of your readers to the extent of furnish- pression that your readers might get concerning con-
ing them all the pianos they need, without demanding signment, as a business proposition, and we trust
the cash or notes in settlement.
that the letter will be received in the spirit it is
written.
You state in your answer that the consignment
system is not much in vogue at the present time. In
Y r ours truly,
our own individual case we do not think this is cor-
"JACOB BROS. CO.
rect. We arc- doing a bigger consignment business
today than we ever did, and are constantly turning
MOUNTAIN TO MAHOMET.
down applications for pianos on consignment from
Commissioner Blair of the Internal revenue bureau,
dealers because we simply cannot supply the demand.
This would hardly indicate that the consignment busi- Washington, D. C, this week announced a new plan
for dealing with the adjustment of back taxes by
ness was decreasing.
taking the bureau to the taxpayer rather than, under
Requires Capital.
the present system, requiring the taxpayer to come
We are pleased to note that you state that reliable to Washington for adjustment of grievances. The
concerns are still doing a consignment business. This plan will get its initial tryout in St. Paul April 20. A
is correct and we would like to point out that it takes special subcommittee of the appeals and review com-
a reliable and financially responsible concern to mittee which has charge of tax adjustment questions
finance a large consignment business. This in itself
will open hearings in St. Paul with a docket of 100
is an assurance to the dealer of the integrity of the important cases. It was explained today by bureau
firm he is dealing with on that basis.
officials that there are thousands of unadjusted cases
There arc admittedly only three basic plans on which involve amounts so small that the expense of
which a dealer may start in business. One is to buy a trip to the capital would exceed the amount the tax-
for cash, thereby limiting his purchases to his own payer would derive from adjustment of his claim if
capital, and his sales to cash sales, and a few time it were determined in his favor.
sales which he is able to finance. Another method
is to buy on notes (which eventually have to be paid),
FIRE IN MANCHESTER, N. H.
and confine his purchases to the amount of credit he
can obtain. This method gives a dealer a little more
A recent tire in the Desautels Music House, 1094
leeway in making time-sales, but at the same time Elm street, Manchester, N. H., did estimated damage
he has worries of notes continually falling due, and of $1,000 to the stock and store. The fire chief and
which are forever hanging over his head like the deputies were not wholly decided upon the cause of
"sword of Damocles."
the blaze last night, but attributed it to a carelessly
The third method, and the one which we believe thrown match or cigarette butt by some smoker in
the most logical for the dealer, is to obtain his pianos the basement.
CONSIGNMENT PLAN
IS STILL POPULAR
ANOTHER F. C. BILLINGS PATENT
WAREROOM WARBLES
(A New One Every Week.)
By The Presto Poick.
DO IT YOUR OWN WAY.
The wise ones like to tell us how
To do things that they do.
And oftentimes we like to bow
Down to their w T isdom, too;
Experience is worth a lot,
But change comes every day,
And my advice—take it or not—
Is '"Do ft Your Own Way."
Of course we can't all go to school
That "keeps in" all our life,
We've got to learn some golden rule
That holds through calm and strife;
And I have watched the course of men
Who fought, but lost the fray,
Because they knew not how nor when
To "Do It Their Own Way."
The world is never quite agreed
That any way is best,
And nothing fills the long-felt need
At any man's behest;
Tis every man out for himself—•
Disprove it as we may—
And if you capture fame or pelf
You'll "Win It Your Own Wav."
POET TAKES PIANO CLUB
FAR AFIELD THIS WEEK
Wallace Bruce Amsbary Introduces Members to Jean
Baptiste and His Brethren.
For many weeks members of the Piano Club of
Chicago have listened to business talks at the Mon-
day luncheons. They were very interesting talks,
but talks that kept thoughts on the good old grind.
But last Monday they were temperamentally enter-
tained. Wallace Bruce Amsbary, the poet, turned on
the romantic control and did things to their feelings.
Mr. Wallace Amsbary is lecturer in general litera-
ture of the Armour Institute of Technology and
author of the ''Ballads of Bourbonnais." His writ-
ings have ce-ntered largely around the people of
French Canada. He gave a humorous talk about the
doings of "Jean Baptiste and His Brethren." It is
a story of the people, the rivers and forests of the
French-Canadian country, told in French-Canadian
dialect, of which the teller is a master. It was one
of the greatest pleasures of the season to the piano
men.
An especially good musical number was also on the
program.
Frank Crumit, one of the stars of the
"Tangerine" company, which opens up at the Gar-
rick this week, put on a musical act that is one of
the cleverest of the season.
HASSMER BROS.' SECOND
STORE OPENED SATURDAY
Successful Chicago Retailers Enterta
A special program of music marked the opening
of Hassmer Bros.' second store, at 3224 Lawrence
avenue, Chicago, Saturday evening, March 31. Ben-
son's Orchestra played, and Wendell Hall, composer
of the new waltz number, "Mellow Moon," sang.
Victor records of that number were autographed by
Air. Hall as they were sold.
Hassmer Bros, entertained thousands of visitors in
the afternoon and evening, and in a few hours handed
out 2,500 flowers.
This substantial retail institution, which has been
in business since 1895, with a successful store at
Clark and Belmont streets, has a beautiful and invit-
ing djsplay of Gulbransen playerpianos, Acousti-
grande upright and grand pianos, and Victor phono-
graphs and records.
? r ack out of 'W*^
the e d ^
Fred C. Billings, Milwaukee, Wis., has another in-
vention relative to playerpianos to his credit. The
latest invention in the piano field for which Mr.
Billings has received a patent is the "Billings Spring
Brass Roll Band and Spool Holder," a device which
adds to the efficacy of a music roll. "One Rolled,
Always Rolled" is a slogan that suggests the opera-
tions of the device.
The Billings Spring Brass Roll Band and Spool
Holder does away with rewinding by hand, "a proc-
ess which soils the paper, causes the roll to track out
of line, tears and frays the edges of the paper and
causes traction devices to fail to function. The dust
collecting disadvantages of the older forms of roll
holder are not possible with the new clamp," said
Mr. Billings this week.
Mr. Billings intends to have a big display of the
new device and a demonstration of its purposes at
the trade convention in June at the Drake Hotel,
Chicago. Already many manufacturers and dealers
who have examined the new Billings' patent have
booked orders for supplies of it in advance. The
Scovill Mfg. Co., Waterbury, Conn., which made the
first of the Billings brass flanges, is at work on a
first order of half a million of the Billings Spring
Brass Roll Band and Spool Holder.
COMPARISON IN OFFERS.
The man who offers nothing but price and terms
to his prospects usually has nothing but price and
terms to offer. He is continually bothered with
complaints, past due and repossessions," says the
Baldwin Keynote. The man who offers Music to his
prospects offers an investment of immeasurable value
—happiness, home entertainment and education.
And when in addition he represents the products of
Baldwin he offers quality and character—quality in
factory workmanship and character in business
dealings."
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/
PRESTO
on a consignment basis. By this method he can at
all limes get the pianos he needs; sell them on either
a cash or time basis; does not have the burden of
carrying time sales himself; has no notes falling due
which he must meet (or renew if he can); is relieved
of practically all financial worries, and is assuming
only one obligation and that is honesty in his deal-
Strong New York Piano Industry Protests ings with the house that is backing him.
A Silent Partnership.
That the Easy System cf Securing Stock
The relations between a manufacturer and dealer
Without Cash Investment Is Very
handling pianos on consignment are virtually that of
Generally in Vogue.
a silent partnership. The manufacturer furnishes the
goods, the dealer furnishes the store and salesman-
New York City, March 28, 1923.
Editor Presto: We read your "Where Doubts Are ship, and the profits on the retail sales of pianos are
Dispelled,'" issue of Saturday, March 24th, and we practically all the dealer's, only a small percentage of
are particularly interested in your answer to a dealer it going to the manufacturer as his compensation for
in Vermont who inquires about pianos on consign- carrying the consignment account.
ment. We are writing this in hopes that you will
We hope that you will realize that this letter is not
give i* place in your publication, for we believe that written in a spirit of criticism, nor are we making a
the casual reading of your reply to this dealer's in- bid for business, nor for free advertising, for if you
quiry may give a wrong impression of the consign- see lit to publish it we have no desire for you to use
ment proposition, and unwittingly cause an injustice our firm name, unless you wish to do so. The letter
to the manufacturers who are backing such a large is written in hopes that it will correct any wrong im-
percentage of your readers to the extent of furnish- pression that your readers might get concerning con-
ing them all the pianos they need, without demanding signment, as a business proposition, and we trust
the cash or notes in settlement.
that the letter will be received in the spirit it is
written.
You state in your answer that the consignment
system is not much in vogue at the present time. In
Y r ours truly,
our own individual case we do not think this is cor-
"JACOB BROS. CO.
rect. We arc- doing a bigger consignment business
today than we ever did, and are constantly turning
MOUNTAIN TO MAHOMET.
down applications for pianos on consignment from
Commissioner Blair of the Internal revenue bureau,
dealers because we simply cannot supply the demand.
This would hardly indicate that the consignment busi- Washington, D. C, this week announced a new plan
for dealing with the adjustment of back taxes by
ness was decreasing.
taking the bureau to the taxpayer rather than, under
Requires Capital.
the present system, requiring the taxpayer to come
We are pleased to note that you state that reliable to Washington for adjustment of grievances. The
concerns are still doing a consignment business. This plan will get its initial tryout in St. Paul April 20. A
is correct and we would like to point out that it takes special subcommittee of the appeals and review com-
a reliable and financially responsible concern to mittee which has charge of tax adjustment questions
finance a large consignment business. This in itself
will open hearings in St. Paul with a docket of 100
is an assurance to the dealer of the integrity of the important cases. It was explained today by bureau
firm he is dealing with on that basis.
officials that there are thousands of unadjusted cases
There arc admittedly only three basic plans on which involve amounts so small that the expense of
which a dealer may start in business. One is to buy a trip to the capital would exceed the amount the tax-
for cash, thereby limiting his purchases to his own payer would derive from adjustment of his claim if
capital, and his sales to cash sales, and a few time it were determined in his favor.
sales which he is able to finance. Another method
is to buy on notes (which eventually have to be paid),
FIRE IN MANCHESTER, N. H.
and confine his purchases to the amount of credit he
can obtain. This method gives a dealer a little more
A recent tire in the Desautels Music House, 1094
leeway in making time-sales, but at the same time Elm street, Manchester, N. H., did estimated damage
he has worries of notes continually falling due, and of $1,000 to the stock and store. The fire chief and
which are forever hanging over his head like the deputies were not wholly decided upon the cause of
"sword of Damocles."
the blaze last night, but attributed it to a carelessly
The third method, and the one which we believe thrown match or cigarette butt by some smoker in
the most logical for the dealer, is to obtain his pianos the basement.
CONSIGNMENT PLAN
IS STILL POPULAR
ANOTHER F. C. BILLINGS PATENT
WAREROOM WARBLES
(A New One Every Week.)
By The Presto Poick.
DO IT YOUR OWN WAY.
The wise ones like to tell us how
To do things that they do.
And oftentimes we like to bow
Down to their w T isdom, too;
Experience is worth a lot,
But change comes every day,
And my advice—take it or not—
Is '"Do ft Your Own Way."
Of course we can't all go to school
That "keeps in" all our life,
We've got to learn some golden rule
That holds through calm and strife;
And I have watched the course of men
Who fought, but lost the fray,
Because they knew not how nor when
To "Do It Their Own Way."
The world is never quite agreed
That any way is best,
And nothing fills the long-felt need
At any man's behest;
Tis every man out for himself—•
Disprove it as we may—
And if you capture fame or pelf
You'll "Win It Your Own Wav."
POET TAKES PIANO CLUB
FAR AFIELD THIS WEEK
Wallace Bruce Amsbary Introduces Members to Jean
Baptiste and His Brethren.
For many weeks members of the Piano Club of
Chicago have listened to business talks at the Mon-
day luncheons. They were very interesting talks,
but talks that kept thoughts on the good old grind.
But last Monday they were temperamentally enter-
tained. Wallace Bruce Amsbary, the poet, turned on
the romantic control and did things to their feelings.
Mr. Wallace Amsbary is lecturer in general litera-
ture of the Armour Institute of Technology and
author of the ''Ballads of Bourbonnais." His writ-
ings have ce-ntered largely around the people of
French Canada. He gave a humorous talk about the
doings of "Jean Baptiste and His Brethren." It is
a story of the people, the rivers and forests of the
French-Canadian country, told in French-Canadian
dialect, of which the teller is a master. It was one
of the greatest pleasures of the season to the piano
men.
An especially good musical number was also on the
program.
Frank Crumit, one of the stars of the
"Tangerine" company, which opens up at the Gar-
rick this week, put on a musical act that is one of
the cleverest of the season.
HASSMER BROS.' SECOND
STORE OPENED SATURDAY
Successful Chicago Retailers Enterta
A special program of music marked the opening
of Hassmer Bros.' second store, at 3224 Lawrence
avenue, Chicago, Saturday evening, March 31. Ben-
son's Orchestra played, and Wendell Hall, composer
of the new waltz number, "Mellow Moon," sang.
Victor records of that number were autographed by
Air. Hall as they were sold.
Hassmer Bros, entertained thousands of visitors in
the afternoon and evening, and in a few hours handed
out 2,500 flowers.
This substantial retail institution, which has been
in business since 1895, with a successful store at
Clark and Belmont streets, has a beautiful and invit-
ing djsplay of Gulbransen playerpianos, Acousti-
grande upright and grand pianos, and Victor phono-
graphs and records.
? r ack out of 'W*^
the e d ^
Fred C. Billings, Milwaukee, Wis., has another in-
vention relative to playerpianos to his credit. The
latest invention in the piano field for which Mr.
Billings has received a patent is the "Billings Spring
Brass Roll Band and Spool Holder," a device which
adds to the efficacy of a music roll. "One Rolled,
Always Rolled" is a slogan that suggests the opera-
tions of the device.
The Billings Spring Brass Roll Band and Spool
Holder does away with rewinding by hand, "a proc-
ess which soils the paper, causes the roll to track out
of line, tears and frays the edges of the paper and
causes traction devices to fail to function. The dust
collecting disadvantages of the older forms of roll
holder are not possible with the new clamp," said
Mr. Billings this week.
Mr. Billings intends to have a big display of the
new device and a demonstration of its purposes at
the trade convention in June at the Drake Hotel,
Chicago. Already many manufacturers and dealers
who have examined the new Billings' patent have
booked orders for supplies of it in advance. The
Scovill Mfg. Co., Waterbury, Conn., which made the
first of the Billings brass flanges, is at work on a
first order of half a million of the Billings Spring
Brass Roll Band and Spool Holder.
COMPARISON IN OFFERS.
The man who offers nothing but price and terms
to his prospects usually has nothing but price and
terms to offer. He is continually bothered with
complaints, past due and repossessions," says the
Baldwin Keynote. The man who offers Music to his
prospects offers an investment of immeasurable value
—happiness, home entertainment and education.
And when in addition he represents the products of
Baldwin he offers quality and character—quality in
factory workmanship and character in business
dealings."
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).