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Presto

Issue: 1924 1992 - Page 10

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10
PRESTO
TRADE GOOD DESPITE
NATIONAL CAMPAIGN
Secretary of Labor Davis Presents Report Up-
setting All Theories About Presidential
Election Year.
All presidential election year precedents are being
disregarded by business during the present national
campaign. Contrary to the accepted belief of other
years, trade thrives in spite of the political activities.
A report, made this week by Secretary of Labor
Davis to President Coolidge, based on a summary of
employment conditions prepared by the Bureau of
Labor Statistics, showed an increase in employment
during August, which is characterized as evidence of
"a considerable revival."
The official summary covers 9,000 establishments
employing approximately 2,500,000 persons, with pay-
rolls totaling more than $61,000,000. Fifty-two dif-
ferent industries are listed.
The report states:
"The volume of employment—that is to say, the
number of men on the payrolls—increased two-tenths
of 1 per cent. The volume of payroll increased 3.7
per cent in August, as against July figures, which
shows that not only has the dropping of names from
the payroll been checked, but that there is a consid-
erable increase in the amount of work provided for
those on the payroll. Per capita earnings increased
3.5 per cent, which also shows that work was more
steady.
"While these figures may seem small in themselves,
yet to compare them with the figures for July, where
the decrease in volume of employment was 4 per
cent, and the payrolls dropped 7.8 per cent, they do
not seem so small. Between May and June, the
volume of employment dropped 6.7 per cent, per
capita earnings dropped 3 per cent.
"So you will see that it took a considerable revival
to change a 7.8 per cent drop in payroll to a 3.7 per
cent increase in payroll in the brief period of one
month.
"This is particularly interesting as coming in a
campaign year. I do not remember noting a busi-
ness revival in the midst of a campaign before."
E. G. BROWN, MUSIC DEALER,
DIES IN BAYONNE, N. J.
Well-Known Secretary of Talking Machine and Radio
Men, Inc, Succumbs to Heart Trouble.
The death last week of Edward G. Brown, pro-
prietor of E. G. Brown, Inc., Bayonne, N. J., came
as a surprise to every talking machine and radio
dealer in the eastern states, where he was widely
known from his activities as secretary of the Talk-
ing Machine and Radio Men, Inc.
Mainly through the activity of Mr. Brown in pro-
moting the organization of the eastern trade named,
it has grown in numbers and importance, factors fur-
ther increased last year by the admission of radio
men to the old Talking Machine Men, Inc., and the
change in the association title.
Mr. Brown had been in the music trade all of his
business life and had built up a substantial house in
Bayonne. He is survived by his wife and two sons,
Edward G., Jr., and Fred, both of whom have been
associated with their father's business for several
years.
A PHONOGRAPH FAILURE.
The Circle Talking Machine Co., Inc., dealing in
Victrolas, talking machines and records, at 159 East
Houston street, New York, has assigned, to Samuel
Rose of 265 Broadway. Morris Lucomin is president
of the company.
J. B. Heckler, of the Continental Piano Company,
Boston, Mass., is in Chicago this week and is spend-
ing most of the time at the company's factory in
Clybourne avenue.
STATEMENT OF THE OWNERSHIP, MANAGEMENT,
CIRCULATION, ETC., REQUIRED BY THE
ACT OF CONGRESS OF AUG. 24, 1912,
of PRESTO, published weekly at Chicago, 111., for Octo-
ber 1, 1924.
State of Illinois, County of Cook, ss.—Before me, a
notary public in and for the state and county aforesaid,
personally appeared C. A. Daniell, who, having been duly
sworn according to law, deposes and says that he is the
Editor of Presto, and that the following is, to the best of
his knowledge and belief, a true statement of the owner-
ship, management (and if a daily paper, the circulation),
etc., of the aforesaid publication for the date shown in
the above caption, required by the Act of August 24, 1912,
embodied in section 443, Postal Laws and Regulations,
printed on the reverse side of this form, to-wit:
1. That the names and addresses of the publisher, edi-
tor, managing editor and business manager are:
Publisher—Presto Publishing Co., 417 S. Dearborn St.
Editors—C. A. Daniell and F. D. Abbott, 417 S. Dear-
born St.
Managing Editor—J. Fergus O'Ryan, 417 S. Dearborn
St.
Business Manager—F. D. Abbott, 417 S. Dearborn St.
2. That the owners are: (Give names and addresses of
individual owners, or, if a corporation, give its name and
the names and addresses of stockholders owning or hold-
ing 1 per cent or more of the total amount of stock)—
F. D. Abbott, 417 S. Dearborn St.; C. A. Daniell, 417 S.
Dearborn St.
3. That the known bondholders, mortgagees and other
security holders owning or holding 1 per cent or more of
total amount of bonds, mortgages or other securities are:
(If there are none, so state.)—None.
4. That the two paragraphs next above, giving the
names of the owners, stockholders and security holders,
if any, contain not only the list of stockholders and se-
curity holders as they appear upon the books of the
company, but also, in cases where the stockholder or se-
curity holder appears upon the books of the company as
trustee or in any other fiduciary relation, the name of the
person or corporation for whom such trustee is acting
is given also that the said two paragraphs contain state-
ments embracing affiant's full knowledge and belief as to
the circumstances and conditions under which stockhold-
ers and security holders who do not appear upon the
books of the company as trustee, hold stock and securi-
ties in a capacity other than that of a bona flde owner;
and this affiant has no reason to believe that any other
person, association or corporation has any interest di-
rect or indirect in the said stock, bonds or other securi-
ties than as so stated by him.
PRESTO PUBLISHING CO.,
C. A. DANIELL.
Sworn to and subscribed before me this 23d day of
September, 1924.
Bessie K. Ferguson, Notary Public.
(My commission expires Oct. 17, 1926.)
Itotet
Grand and
Reproducing
Grand Pianos
are the last word in
musical perfection.
Lester Piano Co.
1306 Chestnut St.
Philadelphia
For QUALITY, SATISFACTION and PROFIT
NEWMAN BROTHERS PIANOS
NEWMAN BROS. CO,
1870
Factories, 816 DIX ST., Chicago, HI.
A QUALITY PROOUCT
FOR OVER
QUARTER OFACfNTURY
September 27, 1924.
PREMIER GRAND PIANO'S
PART IN STORE OPENING
People Specially Invited to View Instrument at Cele-
bration in Youngstown, O.
The grand pianos of the Premier Grand Piano
Corporation, New York City, are noteworthy instru-
ments in the fine piano stock of the McMahon Piano
Co., Youngstown, O., a firm which recently showed
the results of its ambition and progressiveness in a
convincing and memorable way. The Youngstown
music house made the formal opening of its new
warerooms a commemorative event in which the in-
struments handled therein were given special space
and suitable display in the newspaper announcements.
The feelings of the Premier Grand Piano Corpora-
tion for its representative in Youngstown were ex-
pressed in a special message which was printed in a
displayed way in the local newspapers:
"The Premier Grand Piano Corporation extends a
special invitation to you to inspect the Premier
Grand Piano at the formal opening Friday and
Saturday, Sept. 12 and 13, of the McMahon Piano
Co., 110 East Federal street."
IMPROVES PLATTSBURG STORE.
The Clarkson Music Store, located in the Clinton
Theater Building, Plattsburg, Pa., has been remod-
eled, making it one of the most up-to-date music
establishments in that section. The store now occu-
pies the entire frontage on the Clinton street side of
the theater. The Clarkson house carries the Gul-
bransen.
The Best Yet
Graceful lines, rugged construc-
tion, moderately priced. It's the
very best commercial piano from
every standpoint.
Style 32—4 ft. 4 in.
WESER
Pianos and Players
Sell Readily—Stay Sold
Send to-day for catalogue, prices and
details of our liberal financing plan
Weser Bros., Inc.
520 to 528 W. 43rd St., New York
Kindler & Colfns
Pianos
820-814 W. 4 I » t
NEW YORK
When In Doubt See Presto Buyers 9 Guide
POOLE
•^BOSTON —
GRAND ANO UPRIGHT PIANOS ?
AND
PLAYER PIANOS
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All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
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