Presto
Issue: 1923 1932 - Page 10
PRESTO
10
August 4, 1923
STRAUBE DEALERS
COMMEND FINE LINE
(Me,
Letters from Representatives in Many Places Cheer
Officials of Company.
Letters of commendation and praise from individual
buyers are not unusual with houses who strive con-
tinuously to put out quality products; but letters of
whole-hearted praise from dealers buying the prod-
ucts at wholesale are another thing, especially at a
time when sagacious buying is the order of the day.
Therefore the following extracts, taken from longer
letters received recently by the Straube Piano Com-
pany, Hammond, Ind., are enough to gladden the
hearts of officials of this progressive firm.
II
"In trying out the new Straubes which arrived yes-
terday," one dealer wrote last week, "I fell head over
II
heels in love with the Artronome action. It is quite
the finest thing I have ever seen."
"I have just concluded," reads another letter,
"playing some of the finer and more difficult selec-
• I
tions on the Straube player which I ordered as a
II
sample, and I am ready to say that there is nothing
II
like your player action. The way the lower bellows
bring you in contact with the roll is a revelation. I
have operated practically every other kind of a
player and, to, tell the truth, I didn't think it was
possible to get such a response. I want to congratu-
ROCKFORD,LLL.
late you."
•
Numerous similar letters have been received re-
Wholesale Offices:
cently by the Straube Company. New dealers, who
New York Citj
Chie««o
San PrancUeo
I N W. «Zod St.
410 S. Michigan AT..
I l l Calfrrnia St.
have not had a previous opportunity to examine the
Artronome. are especially loud in their praise of it.
The Straube Company has added quite an enviable
number of new and progressive dealers to their list
•.=•=•=•=•=•?•=•=•=•::•::•=•=•=•=•=•=• since the first of the year.
Ax
ARTISTIC
IN EVERT
DETAIL
s
HADDORFF PIANO CO.
COST ACCOUNTING FOR
RETAIL PIANO TRADE
Cincinnati Factories of The Baldwin Piam, Company
SUCCESS
is assured the dealer who takes advantage of
THE BALDWIN CO-OPERATION PLAN
which offers every opportunity to represent
under the most favorable conditions a com-
plete lme of high grade pianos, players and
reproducers
For tnjormaiion write
in $tano Company
GFfje
Incorporated
CINCINNATI
INDIANAPOLIS
LOUISVILLE
CHICAGO
ST Lonis
DALLAS
NEW YORK
DENVER
SAN FRANCISCO
The Heppe, Marcellus and Edouard Jules Piano
manufactured by the
HEPPE PIANO COMPANY
are the only pianos In the world with
Three Sounding Boards.
Patented In the United States, Great Britain,
France, Germany and Canada.
Liberal arrangements to responsible agents only*
Main Office, 1117 Chestnut St.
PHILADELPHIA. PA.
When in doubt refer to
PRESTO BUYERS GUIDE
Methods in Book Declared Excellent by National
Association of Cost Accountants.
Praise from experts for the book "Accounting for
Retail Music Stores," issued by the Trade Service
Bureau of the Music Industries Chamber of Com-
merce, is found in ci review of that publication in the
July 16 Bulletin of the National Association of Cost
Accountants. The methods are described as "ex-
cellent" and "should prove of great value to those
interested in music store accounting." Following is
the review:
The Music Industries Chamber of Commerce, 105
West 40th street, New York City, has issued, under
date of May 25, 1923, a booklet of 45 pages, "Ac-
counting for Retail Music Stores." It is the "result
of suggestions made by the Chamber two years ago
to the business schools of several leading universities
and colleges to the effect that the need in the music
trade for a more general use of proper accounting
methods presented an unusual opportunity for re-
search and investigation."
Under the supervision of Professor -Archie M.
Peisch, of the Amos Tuck School Faculty of Dart-
mouth College, and a special committee of the Cham-
ber, the accounting system mentioned above was pre-
pared which could be recommended for use by retail
music merchants. The booklet describing the system
is divided into the following six chapters: 1. Gen-
eral; 2. Classification of Accounts; 3. Forms; 4.
Methods; 5. Preparation of Statements; and 6. De-
termination of Taxable Income.
Chapter 1—General—deals with the value of scien-
tific accounting, and contains typical financial state-
ments for music stores, and the requirements of an
efficient system of accounting. Chapter 2 is a de-
tailed classification of accounts. The,next chapter
contains 12 accounting forms and records. Chapter
4 explains in detail accounting methods applicable to
a music store. The succeeding chapter contains a
trial balance and financial statements with explana-
tions as to how the latter are prepared.
The dast chapter describes how taxable income is
determined, taking up such matters as alternative
methods of reporting profit on installment sales, ac-
counting procedure on deferred profits basis, analysis
of accounts receivable, loss on repossession and the
advantages and disadvantages of determining col-
lected and uncollected gross profit for the purpose of
arriving at net taxable income.
The booklet is gotten up in good style and the
methods described are excellent. It should prove of
great value to those interested in music store
accounting.
The N. A. C .A. received a copy of the system
through the courtesy of C. L, Dennis, manager of
1he Trade Service Bureau of the Music Industries
Chamber of Commerce. Members of the N. A. C. A.
may obtain copies for $3.00.
DEALER REPORTS STEADY SALES.
Charles C. Adams Co., Peoria, 111., reports a profit-
able July in the piano business. The trade from the
rural districts has been very encouraging. The
farmers are buying on their crop prospects.
ESTABLISHED 1854
THE
BRADBURY PIANO
FOR ITS
ARTISTIC EXCELLENCE
FOR ITS
INESTIMABLE AGENCY VALUE
THE CHOICE OF
Representative Dealers the World Over
Now Produced in Several
New Models
WRITE FOR TERRITORY
Factory
Leominster,
Mats.
Executive Offices
138th St. and Walton Ave.
New York
Division W. P. HAINES & CO., Inc.
For a
and
Business
There is nothing to compare
with the complete line of
M. SCHULZ CO.
The Players are RIGHT in
everything that mean*
money to the dealers and
satisfaction to the public.
You wilt never dm mnything
than when you get in touch with
M. SCHULZ CO.
711 Milwaukee Avenue
CHICAGO
iOUTHBRN BRANCHi 730 CaadW Bid*, ATLANTA, GA.
STEGER
leMost VdluaWeKanoin I h e V W
STEGER & SONS
Piano Manufacturing Company
Manufacturers of
STEGER Pianos and Player Pianos
REED & Sons Pianos and Player Pianos
SINGER Pianos and Player Pianos
THOMPSON Pianos and Player Pianos
ARTEMIS Pianos and Player Pianos
STEGER Stools, Benches, Music Cabinets
STEGER Phonographs
STEGER Polish
General Offices and Salesrooms: Steger Build-
ing, Wabash and Jackson, Chicago.
Factories: Steger, Illinois, where the "Lincoln"
and "Dixie" Highway* Meet.
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/
10
August 4, 1923
STRAUBE DEALERS
COMMEND FINE LINE
(Me,
Letters from Representatives in Many Places Cheer
Officials of Company.
Letters of commendation and praise from individual
buyers are not unusual with houses who strive con-
tinuously to put out quality products; but letters of
whole-hearted praise from dealers buying the prod-
ucts at wholesale are another thing, especially at a
time when sagacious buying is the order of the day.
Therefore the following extracts, taken from longer
letters received recently by the Straube Piano Com-
pany, Hammond, Ind., are enough to gladden the
hearts of officials of this progressive firm.
II
"In trying out the new Straubes which arrived yes-
terday," one dealer wrote last week, "I fell head over
II
heels in love with the Artronome action. It is quite
the finest thing I have ever seen."
"I have just concluded," reads another letter,
"playing some of the finer and more difficult selec-
• I
tions on the Straube player which I ordered as a
II
sample, and I am ready to say that there is nothing
II
like your player action. The way the lower bellows
bring you in contact with the roll is a revelation. I
have operated practically every other kind of a
player and, to, tell the truth, I didn't think it was
possible to get such a response. I want to congratu-
ROCKFORD,LLL.
late you."
•
Numerous similar letters have been received re-
Wholesale Offices:
cently by the Straube Company. New dealers, who
New York Citj
Chie««o
San PrancUeo
I N W. «Zod St.
410 S. Michigan AT..
I l l Calfrrnia St.
have not had a previous opportunity to examine the
Artronome. are especially loud in their praise of it.
The Straube Company has added quite an enviable
number of new and progressive dealers to their list
•.=•=•=•=•=•?•=•=•=•::•::•=•=•=•=•=•=• since the first of the year.
Ax
ARTISTIC
IN EVERT
DETAIL
s
HADDORFF PIANO CO.
COST ACCOUNTING FOR
RETAIL PIANO TRADE
Cincinnati Factories of The Baldwin Piam, Company
SUCCESS
is assured the dealer who takes advantage of
THE BALDWIN CO-OPERATION PLAN
which offers every opportunity to represent
under the most favorable conditions a com-
plete lme of high grade pianos, players and
reproducers
For tnjormaiion write
in $tano Company
GFfje
Incorporated
CINCINNATI
INDIANAPOLIS
LOUISVILLE
CHICAGO
ST Lonis
DALLAS
NEW YORK
DENVER
SAN FRANCISCO
The Heppe, Marcellus and Edouard Jules Piano
manufactured by the
HEPPE PIANO COMPANY
are the only pianos In the world with
Three Sounding Boards.
Patented In the United States, Great Britain,
France, Germany and Canada.
Liberal arrangements to responsible agents only*
Main Office, 1117 Chestnut St.
PHILADELPHIA. PA.
When in doubt refer to
PRESTO BUYERS GUIDE
Methods in Book Declared Excellent by National
Association of Cost Accountants.
Praise from experts for the book "Accounting for
Retail Music Stores," issued by the Trade Service
Bureau of the Music Industries Chamber of Com-
merce, is found in ci review of that publication in the
July 16 Bulletin of the National Association of Cost
Accountants. The methods are described as "ex-
cellent" and "should prove of great value to those
interested in music store accounting." Following is
the review:
The Music Industries Chamber of Commerce, 105
West 40th street, New York City, has issued, under
date of May 25, 1923, a booklet of 45 pages, "Ac-
counting for Retail Music Stores." It is the "result
of suggestions made by the Chamber two years ago
to the business schools of several leading universities
and colleges to the effect that the need in the music
trade for a more general use of proper accounting
methods presented an unusual opportunity for re-
search and investigation."
Under the supervision of Professor -Archie M.
Peisch, of the Amos Tuck School Faculty of Dart-
mouth College, and a special committee of the Cham-
ber, the accounting system mentioned above was pre-
pared which could be recommended for use by retail
music merchants. The booklet describing the system
is divided into the following six chapters: 1. Gen-
eral; 2. Classification of Accounts; 3. Forms; 4.
Methods; 5. Preparation of Statements; and 6. De-
termination of Taxable Income.
Chapter 1—General—deals with the value of scien-
tific accounting, and contains typical financial state-
ments for music stores, and the requirements of an
efficient system of accounting. Chapter 2 is a de-
tailed classification of accounts. The,next chapter
contains 12 accounting forms and records. Chapter
4 explains in detail accounting methods applicable to
a music store. The succeeding chapter contains a
trial balance and financial statements with explana-
tions as to how the latter are prepared.
The dast chapter describes how taxable income is
determined, taking up such matters as alternative
methods of reporting profit on installment sales, ac-
counting procedure on deferred profits basis, analysis
of accounts receivable, loss on repossession and the
advantages and disadvantages of determining col-
lected and uncollected gross profit for the purpose of
arriving at net taxable income.
The booklet is gotten up in good style and the
methods described are excellent. It should prove of
great value to those interested in music store
accounting.
The N. A. C .A. received a copy of the system
through the courtesy of C. L, Dennis, manager of
1he Trade Service Bureau of the Music Industries
Chamber of Commerce. Members of the N. A. C. A.
may obtain copies for $3.00.
DEALER REPORTS STEADY SALES.
Charles C. Adams Co., Peoria, 111., reports a profit-
able July in the piano business. The trade from the
rural districts has been very encouraging. The
farmers are buying on their crop prospects.
ESTABLISHED 1854
THE
BRADBURY PIANO
FOR ITS
ARTISTIC EXCELLENCE
FOR ITS
INESTIMABLE AGENCY VALUE
THE CHOICE OF
Representative Dealers the World Over
Now Produced in Several
New Models
WRITE FOR TERRITORY
Factory
Leominster,
Mats.
Executive Offices
138th St. and Walton Ave.
New York
Division W. P. HAINES & CO., Inc.
For a
and
Business
There is nothing to compare
with the complete line of
M. SCHULZ CO.
The Players are RIGHT in
everything that mean*
money to the dealers and
satisfaction to the public.
You wilt never dm mnything
than when you get in touch with
M. SCHULZ CO.
711 Milwaukee Avenue
CHICAGO
iOUTHBRN BRANCHi 730 CaadW Bid*, ATLANTA, GA.
STEGER
leMost VdluaWeKanoin I h e V W
STEGER & SONS
Piano Manufacturing Company
Manufacturers of
STEGER Pianos and Player Pianos
REED & Sons Pianos and Player Pianos
SINGER Pianos and Player Pianos
THOMPSON Pianos and Player Pianos
ARTEMIS Pianos and Player Pianos
STEGER Stools, Benches, Music Cabinets
STEGER Phonographs
STEGER Polish
General Offices and Salesrooms: Steger Build-
ing, Wabash and Jackson, Chicago.
Factories: Steger, Illinois, where the "Lincoln"
and "Dixie" Highway* Meet.
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).