PRESTO-TIMES
MANUFACTURERS IN ALL
LINES OPTIMISTIC
Directors of National Association in Many
Lines Expect Big 1927 Business and Tell
the Basis of Their Faith.
Twelve directors of the National Association of
Manufacturers, representing large industrial interests
in the East, South and Middle West, in statements
made public last week predicted a continuance in 1927
of the unprecedented business and industrial prosper-
ity that has characterized 1926.
Among the reasons for the general optimism the
following were emphasized:
1. Business is nearer to a cash basis than it ever
has been.
2. No financial panic can come because the Fed-
eral Reserve Banking System stands as an inde-
structible buffer.
3. The industries are operating at a high rate of
production.
4. The margin of profits has been narrowed and
we are closer to a true relationship between co&ts
and sales.
5. Competition will be stronger.
6. Credits have decreased and there is ample
money at reasonable rates.
7. People generally are contented and there are
gradually fewer labor disturbances.
DANISH PLAYER MARKET
IS VERY LIMITED
Music Lovers Prefer Straight Pianos and Only One
Factory Makes Anything Else.
The Danish market fcr player-pianos is exceedingly
limited, it is estimated that the yearly sales volume
does not exceed fifty pianos. Only one American-
made player-piano is represented in Copenhagen, and
although that firm is known to have made serious
efforts to introduce their products in Denmark, they
have so far met with little success, pussibly owing
to the distaste of the local public for this type of
instrument.
Furthermore, many Danish families
bought pianos during and immediately after the war,
thus reducing the present number of prospective pur-
chasers materially.
An indication of the limited interest shown in player
pianos may be had from the fact that only one firm
of the rather extensive Danish piano industry has
taken up the production of player-pianos. This man-
ufacturer installs a German mechanism in his Danish
made pianos, but it is understood that he has met
with but slight success in his efforts to introduce this
instrument. Pianos sell from about $350 to $725,
whereas the prices of p!ayer-pianos range from about
$420 to $800, writes Commercial Attache H. Sorensen,
Copenhagen, Denmark.
January 1, 1927.
CO1NOLAS
FUR
RESTAURANTS, CAFES and
A M U S E M E N T CENTERS
BANKS FIND BUSINESS
OUTLOOK IS BRIGHT
As Central Trust Company of Illinois, in New Digest
Says, Winter Will Show Increase.
Prospects for business generally during the re-
mainder of the winter months are wholly satisfactory
with the outlook tending toward a higher average
price for farm products for the producer, according
to the commercial digest issued by the Central Trust
Company of Illinois, of Chicago.
"Gains over 1925 are numerous," reads the digest,
"and of the one hundred and thirty-four factors com-
pared, no less than ninety-nine have surpassed the
showing made a year ago, while only thirty-five have
fallen below last year's totals. The gains have not
been confined to any one division of business opera-
tions and improvement has been the order in business,
finance, transportation, and labor, although the aver-
age of commodity prices is somewhat lower."
The bank's digest of trade conditions for November
reports that increased operations in several basic
lines have served to lift the level of business activity
between one and two per cent over the previous
month.
Style C-2
FROM THE BIGGEST
ORCHESTRION
STRENGTHENS BALDWIN CAMPAIGN.
The Baldwin Piano Co., Cincinnati, made a full
page newspaper spread an effective part of its Decem-
ber circularizing campaign. The ad, which appeared
in the Chicago Tribune on Monday of this week, ap-
peared simultaneously in several other cities. The
Baldwin slogan, "Choose Your Piano as the Artists
Do," was a leading line accompanying the portraits of
famous artists using the Baldwin.
1
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Holland. Michigan
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• Reproducing Grands
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BRINKERHOFF PIANO CO.
711 Milwaukee Ave., CHICAGO, ILL.
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Makers of Pianos and
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