Presto

Presto Buyers' Guide
Analyzes and Classifies
All American Pianos
and in Detail Tells of
Their Makers.
PRESTO
THE AMERICAN MUSIC TRADE WEEKLY
Presto Trade Lists
Three Uniform Book-
lets, the Only Complete
Directories of the Music
Industries.
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CHICAGO, SATURDAY, MAY 12, 1923
DEPRECIATION SCHEDULE
ON USED INSTRUMENTS
Special Committee of Music Industries Cham-
ber of Commerce Urges Wide Discussion
of Vital Subject.
The adoption of a depreciation schedule for pianos
and playerpianos will be one of the eagerly expected
results of the forthcoming national trade convention
at the Drake Hotel, Chicago, which opens June 4.
Such a realization is assured, but before the conven-
tion the widest airing of the subject is desirable.
A special committee of the Music Industries Cham-
ber of Commerce has been organized to foster dis-
cussion of the subject and to focus the attention of
the trade on the vital necessity of definite action dur-
ing the convention. The committee is composed of
C. Alfred Wagner, chairman; W. H. Collins, S. E.
Clark, Chas. S. Norris, C. T. Purdy, G. C. Ramsdell,
E. B. Heyser, and C. L. Dennis, manager Trade
Service Bureau.
To carry out the purposes of the committee the
following letter has been sent to all trade association
officers, city, state and national:
The Music Merchants' Association of Northern
Ohio unanimously approved and endorsed the efforts
to establish and promulgate a depreciation schedule
at a meeting April 16. Other associations are urged
to take up the vital subject of trade-ins and get an
expression of views.
The depreciation schedule promises to be the most
interesting subject for discussion at the Prosperity
Convention in Chicago, June 4-7. The special com-
mittee wants to get all the viewpoints possible, in
order to solve the problem.
In presenting the Northern Ohio Merchants' report
on the schedule, Secretary Rex llyre said:
"Opposition when discussing it is on the ground it
cannot be done. No one is opposed to it on prin-
ciple. My contention is that present conditions were
made by the dealer, and what man has done he can
undo."
Will you undertake to see what your association
can do to bring intelligent thought to bear on this
problem and assist our committee in its solution?
Please have the subject threshed out locally before
convention time.
season. There will be a nominal entrance fee to
cover the cost of ground fees, luncheon, and dinner.
At least ten persons have contributed prizes. They
are: W. C. Heaton, president Auto Pneumatic Ac-
tion Co.; Kenneth W. Curtis, manager Kohler In-
dustries, Chicago Division; Emil T. Wolff, vice-presi-
dent M. Schulz Co.; James T. Bristol, James T. Bris-
tol Co., Inc.; Chas. Meyer, American Varnish Co.;
John C. Wickham, Wickhain Piano Plate Co.; Joe
Reed, Paragon Foundries; E. C. Johnson, Schaff
Piano String Co.; Roy E. W 7 aite, and Roy Hibshman.
The officers of the Chicago Phtno Golf Association
are E. F. Lapham, president; R. E. Davis, vice-presi-
dent; James T. Bristol, secretary-treasurer.
DINNER IS STAGED FOR
LYON & HEALY FOREMEN
New Factory Superintendent Gives Enjoyable Dinner
Party for Heads of Various Departments.
A dinner party was staged recently by E. J. Fish-
baugh, the new superintendent of the Lyon & Healy
piano factory, for the foremost of the various
departments.
. Business discussion was the important purpose
of the dinner, but the program included quite a bit
NEW PIANO STORE
OPENS AT ANSONIA
GOLF TOURNAMENT WILL
BE CONVENTION FEATURE
Chicago Piano Golf Association Invites All Golfers
to Play June 8.
A golf tournament, it is announced, will be one of
the features of the coming Prosperity Convention.
The Chicago Piano Golf Association has scheduled a
special tournament for all golfers at the convention.
The tourney will be held Friday, June 8; the place
has not been definitely decided, but it will be either
at the Olympia Fields Country Club, which is the
largest golf club in the world, or at the Oak Park
Country Club.
It will be an all-day affair. All dealers who intend
to enter should bring their golf clubs with them, and
should send in their entries to the association in ad-
vance, together with information on their club handi-
cap, or if they have none, the five best scores of last
More Workers Are Employed Than Before or
Since the Fall of 1920, Piano Industries
Included.
The New York piano factories are included in a
statement of the great increase in employment at this
time. More persons were employed in the factories
of New York City in March this year than in any
month since October, 1920, according to figures pre-
pared by the Industrial Bureau of the Merchants'
Association from reports of 778 factories. The index
number, based on June, 1914, equal to 106, was 97.7,
which is 2.4 points higher than the index number for
February and 3.1 points higher than the index num-
ber for January this year.
The most notable increases in employment in
March occurred in the following lines: Sawmills and
planing mills; boats and shipbuilding; gold, silver and
precious stones; brass, copper, aluminum; sheet metal
work and hardware; automobiles, carriages and parts;
cars, locomotives and railway repair shops; instru-
ments and appliances; pianos; organs and other musi-
cal instruments; miscellaneous paper goods.
The lines in which there was little change were:
Rubber and gutta percha goods; pearl, horn, bone,
celluloid, hair; drugs and chemicals; paints, dyes and
colors: print paper and paper goods; paper boxes and
tubes; printing and book making; silk and silk goods;
slaughtering, meat packing and dairy products; bev-
erages; water, light and power.
In March 659 building contracts were awarded.
This is the largest number of such contracts that has
been awarded in any single month since March, 1922,
when the number was 718, and it exceeds the num-
ber awarded in February bry 195, approximately 40
per cent. The estimated cost of these projects is
$57,261,900, which is an increase of approximately
60 per cent over the estimated cost of the February
projects.
"This would seem to indicate." says the bureau,
'"that the size of individual operations is also increas-
ing rapidly. In Manhattan, high-class apartment and
commercial structure construction predominates,
while in the other boroughs the building of one and
two family houses leads all other work."
BOND PIANO CHOSEN
FOR CANTON MODEL HOME
Piquette Piano Company of Bridgeport Has Large
Salesroom in Neighboring Connecticut City.
The Piquette Piano Company of Bridgeport. Conn.,
an old and large piano company, has opened a branch
at Ansonia, Conn. The Piquette Piano Company is
a retail division of The Sterling Company. It has
taken over the large salesrooms at the corner of
Howe Avenue and Center Street, and will sell the
Sterling, Huntington and Mendelssohn pianos, all of
which are reputable instruments, and a full line of
music rolls and phonographs.
The Piquette Piano Company at Ansonia will be
managed by W. D. Piquette.
NEW YORK FACTORIES
SHOW GREAT ACTIVITY
E. J. PISHBAUGH.
of fun. Mr. Fishbaugh presided as toastmaster;
Mr. Moissaye Boguslawski gave a short talk on
''Ideals" and rendered a number of piano solos; and
Mr. W. H. Collins, manager of the retail department,
entertained the guests with a reading of several of
the latest stories.
Other important Lyon & Healy men who were
present include M. A. Healy, president of the firm;
C. W. Litsey, treasurer; C. H. Anderson, secretary;
and H. F. Adams, manager of the wholesale piano
sales.
Current problems and expectations for 1923 pro-
duction were the subjects for a detailed round table
discussion after the dinner.
ST. PAUL TUNERS ORGANIZE.
E. Johnson was elected president and Otto Hall-
berg, secretary-treasurer of the new branch of the
National Association of Piano Tuners, Inc., recently
organized in St. Paul, Minn. Twenty charter mem-
bers were enrolled at the meeting which was at-
tended by officials and salesmanagers of the leading
music houses in the city. The latter pledged co-
operation with the tuners in the proposed campaign
of education for piano owners.
Orton Bros., Butte, Mont., recently celebrated the
thirty-seventh anniversary of its founding.
Alford & Fryar Piano Co. Supplies Reliable Instru-
ment for Real Estate Board Purposes.
The Bond piano made by the Packard Piano Co.,
Fort Wayne, Ind., was the choice of the Real Estate
Board of Canton, O., recently for the Model Home
now open to the public. The piano was bought from
the Alford & Fryar Piano Co., of Canton, enthusi-
astic representatives for the Packard and Bond pianos
in that city. The selection of the piano for the
Model Home is an effective bit of publicity for the
instrument. It is an ideal home surrounding and
every day hundreds of visitors hear its fine tone.
The Alford & Fryar Piano Co. has stood squarely
back of the Bond piano since it was introduced, and
its newspaper featuring of the instrument shows its
assurance in the musical merits of the Bond and
satisfaction in representing it in Canton. The com-
pany makes known the fact that the Packard Piano
Co.'s guarantee goes into every Bond piano.
L. C. DUNCAN, MANAGER.
The new manager of the Harrisburg Music Co.,
Harrisburg, 111., is one of the most widely known
piano men in that section of the country. Mr. Dun-
can can make the proud boast that he not only knows
a majority of piano owners in and about Harrisburg,
but also is on an intimate tuning and repairing foot-
ing with the pianos and players there. For many
years he has had charge of the repair department for
the company and in the meantime qualified as a first
class piano salesman.
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