Presto
Issue: 1927 2156 - Page 5
November 26, 1927
PkESTO-TIMES
Ghrtetma*
&\tts totPackard
Dealers
HpHE
two newest Packard Instruments,
X
the Louis XVI, Style XX, Art Grand
and the Louis XVI, Style B, Upright,
have brought real Christmas Profits to
all Packard Dealers.
The Packard Piano Co.
/
'"THE Packard Free Piano Lesson Ser-
vice is helping to make every month
of the year as good as the Christmas
Season. It works all year.
3335 Packard Avenue
Fort Wayne, Indiana
The Officers.
The officers of the company are W. E. Fletcher,
president: W. J. Webster, chairman of the board and
treasurer; Robert T. Lytle, vice-president; W. F.
Webster, assistant treasurer, and H. B. Walmsley,
secretary. The directors are W. J. Webster, W. E.
Fletcher, K. T. Lytle, George W. Gittins and T. E. Ordinance Relating to Playing of Music in
Move Accomplished on the Application of Frame.
Stores, Submitted by Dealers, Passed
The list of officers of the Welte Company, Inc..
Vice-President of the Corporation and
by Council—Other News.
as reported to the Secretary of State is as follows:
Others Before Judge Knox of the
Geo. W. Gittins, New York city, director and pres-
The controversy concerning the playing of music
Federal Court, New York.
ident.
in the music stores so as to be heard by the public
William E. Fletcher, Wilmington, Del., director and on the streets has been finally settled by the passage
vice-president ni charge of operations.
of an ordinance which was approved by the city
CAUSE IS STATED
Robert T. Lytle, Philadelphia, director and vice- council November 16, repealing the old ordinance
president in charge of sales.
which was passed in June, 1917, and if enforced
\\'. J. Webster. Wilmington. Del., director and
would have put the music dealers out of business in
Temporary Stringency Is Explanation of Applicants
treasurer.
Portland, Ore. The ordinance as passed, which was
Who Reported $2,250,000 Assets and Lia-
presented to the council by the Oregon Music Trades
T. E. Frame, Philadelphia, director.
bilities About $1,000,000.
Association for its approval or rejection reads as fol-
H. B. \\ almsiey, Montclair. N*. J., secretary.
lows :
The company maintained factories in the I'm nx
( )n the application of Robert T. Lytle of Philadel-
phia, vice-president of the Welte Company, Inc.. the section of New York city, as well as salesrooms and
"Section 4—Operation of Musical Instruments or
offices at 695 Fifth avenue.
company was placed in the hands of equity receivers
Sound-Producing Devices—Except between the hours
on Thursday, the 17th inst. Hardie B. Walmsley.
of 10 o'clock a. m. or 8 o'clock p. m. It shall be
Said in the Trade.
secretary of the company, and William Blau, a prom-
unlawful to operate or cause to be operated any auto-
It is said in Xew York that an industry, one of
inent New York attorney, with offices at 475 Fifth
whose products is now an important article for piano matic or electric piano, phonograph, graphophone,
avenue, were appointed receivers by Judge Knox of
radio, or any instrument of like character, or any
finishing is interested in the proceedings consequent
the Federal Court, Southern District of New York. on the reorganization of the corporation. The rumor, other musical or sound producing device of any na-
Assets of the company are given at $2,250,000 and
ture whatsoever, or to sing or to call out in any man-
however, has not been verified.
the total liabilities were given as about $1,000,000.
ner so that the music, sound or voice may be heard
The Gimbel Sale.
upon the sidewalk or street, with the intention of
The action was explained as being due to a tem-
For several weeks certain facts have been consid- attracting the attention of persons upon the sidewalk
porary stringency of liquid capital. The Welte Com-
or street, or to cause persons to congregate there-
pany, Inc., took over the Estey-Welte Corp. and its ered a premonition of something surprising about
one was the wide'y advertised sacrihee sale of Estey
purpose of the receivership is said to be to conserve
In addition to the above the music merchants en-
the assets of the company and it is generally con- instruments by Gimbel Bros., New York, which, of
tered into a gentlemen's agreement to tone down
course,
was
viewed
with
disfavor
by
the
trade.
Many
sidered in the best interests of both shareholders
their instruments so that they would not be operated
prominent manufacturers were free in commenting at fuil volume.
and creditors of the company.
in a condemnatory way on the nature of the sale and
The Schwan Piano Co. has moved from 101 Tenth
Statement by Mr. Lytle.
its disrupting effects of piano sale conditions in the
s'.reet,
Portland, Ore., where it has been located for
Metropolitan
section.
The only statement was made by Mr. Lytle, the
many years, to 107 Twelfth street, in that city.
vice-president, who said: "We have gone into an
It was stated that the Estey was being abandoned
The music department of the Pacific University at
iquity receivership with an idea of reorganization" by the corporation and being replaced by a line of
Forest Grove, Ore., lias aniicunced that the tif;h an-
Nearly one-third of the total liabilities is repre- uprights, grands and reproducers under the name
nual high school musical tournament will be held
sented, by current liabilities and includes a $13,000 M. Wel'e & Sons. The Welte-Mignon piancs would
April
27 and 28. Contests are in band and orchestra
be
continued
as
exclusively
reproducing
instruments.
pay roll and $35,000 in rent due on the offices of the
music; hoys' and girls' choruses and glee clubs, vocal,
Both these lines have been the only pianos shown
company at 695 Fifth avenue.
violin and piano soloists, etc. The Portland music
on the main floor of the We'te-Mignon Fifth avenue
Dates Back to 1823..
dealers have in the past cooperated in the fulled
salesroom, the Estey pianos being noticeable by their
extent and furnished many of the silver cups and
The present corporation dates back to the estab- absence from this store.
trophies awarded the winners.
lishment of the Welte business in Freiburg, Ger-
many, in 1823. It manufactures the well-known
Jascha Heifetz, Russian violinist and Victor artist,
BACK IN PIANO BUSINESS.
Welle Philharmonic reproducing pipe organ for resi-
was presented in concert to the musical public of
dences and these instruments are found in the homes
/.. T. Galloway of Newport, Ind., has accepted the
Portland, Ore., November 14. lie was accompanied
of the well-to-do, both in this country and abroad. agency of the Baldwin line of pianos in that city
by lsador Achron, who played on a Steinway Con-
The company also manufactures the well-known line and adjoining territory. Mr. Galloway has sold
cert grand, furnished through the courtesy of Sher-
of reproducing and straight pipe organs for lodges, pianos for almost half a century. He has been a
man, Clay & Co., the Portland representatives of the
clubs, theaters, auditoriums and concert halls.
resident of Newport since 1880 and knows a good
Steinway.
number of people in the county. lie has traveled,
In a statement made to the Xew York Times last
G. F. Johnson of the G. F. Johnson Piano Co. of
week, George W. Gittins, a director, said: "The in the days of the horse and buggy, every highway
Portland, Ore., and president of the Oregon Music
company's trade names are nearly a century old and and byway in the county and lias reached every nook
Trades Association, spoke on the "Industrial Devel-
are worldwide in their scope and importance. The ami corner.
opment of the Pacific Northwest'' before 160 mem-
officials have a plan of reconstruction which will
bers of the Tillamook, Ore., Kewanis Club, Novem
enable the liquidation of all their obligations and the
The Paul Winters Piano Co., Phi'adelphia, Ohio, her 8. and in the evening gave a demonstration ot
receivership is considered in the best interes's of the
with branch in Dover, O., has opened another branch
the Chickfring Ampico before a large audience in
creditors and shareholders.
in Lrichsville, in the same state.
that citv.
WELTE CO., INC., IN
RECEIVERS' HANDS
VICTORY FOR MUSIC
TRADE AT PORTLAND
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/
PkESTO-TIMES
Ghrtetma*
&\tts totPackard
Dealers
HpHE
two newest Packard Instruments,
X
the Louis XVI, Style XX, Art Grand
and the Louis XVI, Style B, Upright,
have brought real Christmas Profits to
all Packard Dealers.
The Packard Piano Co.
/
'"THE Packard Free Piano Lesson Ser-
vice is helping to make every month
of the year as good as the Christmas
Season. It works all year.
3335 Packard Avenue
Fort Wayne, Indiana
The Officers.
The officers of the company are W. E. Fletcher,
president: W. J. Webster, chairman of the board and
treasurer; Robert T. Lytle, vice-president; W. F.
Webster, assistant treasurer, and H. B. Walmsley,
secretary. The directors are W. J. Webster, W. E.
Fletcher, K. T. Lytle, George W. Gittins and T. E. Ordinance Relating to Playing of Music in
Move Accomplished on the Application of Frame.
Stores, Submitted by Dealers, Passed
The list of officers of the Welte Company, Inc..
Vice-President of the Corporation and
by Council—Other News.
as reported to the Secretary of State is as follows:
Others Before Judge Knox of the
Geo. W. Gittins, New York city, director and pres-
The controversy concerning the playing of music
Federal Court, New York.
ident.
in the music stores so as to be heard by the public
William E. Fletcher, Wilmington, Del., director and on the streets has been finally settled by the passage
vice-president ni charge of operations.
of an ordinance which was approved by the city
CAUSE IS STATED
Robert T. Lytle, Philadelphia, director and vice- council November 16, repealing the old ordinance
president in charge of sales.
which was passed in June, 1917, and if enforced
\\'. J. Webster. Wilmington. Del., director and
would have put the music dealers out of business in
Temporary Stringency Is Explanation of Applicants
treasurer.
Portland, Ore. The ordinance as passed, which was
Who Reported $2,250,000 Assets and Lia-
presented to the council by the Oregon Music Trades
T. E. Frame, Philadelphia, director.
bilities About $1,000,000.
Association for its approval or rejection reads as fol-
H. B. \\ almsiey, Montclair. N*. J., secretary.
lows :
The company maintained factories in the I'm nx
( )n the application of Robert T. Lytle of Philadel-
phia, vice-president of the Welte Company, Inc.. the section of New York city, as well as salesrooms and
"Section 4—Operation of Musical Instruments or
offices at 695 Fifth avenue.
company was placed in the hands of equity receivers
Sound-Producing Devices—Except between the hours
on Thursday, the 17th inst. Hardie B. Walmsley.
of 10 o'clock a. m. or 8 o'clock p. m. It shall be
Said in the Trade.
secretary of the company, and William Blau, a prom-
unlawful to operate or cause to be operated any auto-
It is said in Xew York that an industry, one of
inent New York attorney, with offices at 475 Fifth
whose products is now an important article for piano matic or electric piano, phonograph, graphophone,
avenue, were appointed receivers by Judge Knox of
radio, or any instrument of like character, or any
finishing is interested in the proceedings consequent
the Federal Court, Southern District of New York. on the reorganization of the corporation. The rumor, other musical or sound producing device of any na-
Assets of the company are given at $2,250,000 and
ture whatsoever, or to sing or to call out in any man-
however, has not been verified.
the total liabilities were given as about $1,000,000.
ner so that the music, sound or voice may be heard
The Gimbel Sale.
upon the sidewalk or street, with the intention of
The action was explained as being due to a tem-
For several weeks certain facts have been consid- attracting the attention of persons upon the sidewalk
porary stringency of liquid capital. The Welte Com-
or street, or to cause persons to congregate there-
pany, Inc., took over the Estey-Welte Corp. and its ered a premonition of something surprising about
one was the wide'y advertised sacrihee sale of Estey
purpose of the receivership is said to be to conserve
In addition to the above the music merchants en-
the assets of the company and it is generally con- instruments by Gimbel Bros., New York, which, of
tered into a gentlemen's agreement to tone down
course,
was
viewed
with
disfavor
by
the
trade.
Many
sidered in the best interests of both shareholders
their instruments so that they would not be operated
prominent manufacturers were free in commenting at fuil volume.
and creditors of the company.
in a condemnatory way on the nature of the sale and
The Schwan Piano Co. has moved from 101 Tenth
Statement by Mr. Lytle.
its disrupting effects of piano sale conditions in the
s'.reet,
Portland, Ore., where it has been located for
Metropolitan
section.
The only statement was made by Mr. Lytle, the
many years, to 107 Twelfth street, in that city.
vice-president, who said: "We have gone into an
It was stated that the Estey was being abandoned
The music department of the Pacific University at
iquity receivership with an idea of reorganization" by the corporation and being replaced by a line of
Forest Grove, Ore., lias aniicunced that the tif;h an-
Nearly one-third of the total liabilities is repre- uprights, grands and reproducers under the name
nual high school musical tournament will be held
sented, by current liabilities and includes a $13,000 M. Wel'e & Sons. The Welte-Mignon piancs would
April
27 and 28. Contests are in band and orchestra
be
continued
as
exclusively
reproducing
instruments.
pay roll and $35,000 in rent due on the offices of the
music; hoys' and girls' choruses and glee clubs, vocal,
Both these lines have been the only pianos shown
company at 695 Fifth avenue.
violin and piano soloists, etc. The Portland music
on the main floor of the We'te-Mignon Fifth avenue
Dates Back to 1823..
dealers have in the past cooperated in the fulled
salesroom, the Estey pianos being noticeable by their
extent and furnished many of the silver cups and
The present corporation dates back to the estab- absence from this store.
trophies awarded the winners.
lishment of the Welte business in Freiburg, Ger-
many, in 1823. It manufactures the well-known
Jascha Heifetz, Russian violinist and Victor artist,
BACK IN PIANO BUSINESS.
Welle Philharmonic reproducing pipe organ for resi-
was presented in concert to the musical public of
dences and these instruments are found in the homes
/.. T. Galloway of Newport, Ind., has accepted the
Portland, Ore., November 14. lie was accompanied
of the well-to-do, both in this country and abroad. agency of the Baldwin line of pianos in that city
by lsador Achron, who played on a Steinway Con-
The company also manufactures the well-known line and adjoining territory. Mr. Galloway has sold
cert grand, furnished through the courtesy of Sher-
of reproducing and straight pipe organs for lodges, pianos for almost half a century. He has been a
man, Clay & Co., the Portland representatives of the
clubs, theaters, auditoriums and concert halls.
resident of Newport since 1880 and knows a good
Steinway.
number of people in the county. lie has traveled,
In a statement made to the Xew York Times last
G. F. Johnson of the G. F. Johnson Piano Co. of
week, George W. Gittins, a director, said: "The in the days of the horse and buggy, every highway
Portland, Ore., and president of the Oregon Music
company's trade names are nearly a century old and and byway in the county and lias reached every nook
Trades Association, spoke on the "Industrial Devel-
are worldwide in their scope and importance. The ami corner.
opment of the Pacific Northwest'' before 160 mem-
officials have a plan of reconstruction which will
bers of the Tillamook, Ore., Kewanis Club, Novem
enable the liquidation of all their obligations and the
The Paul Winters Piano Co., Phi'adelphia, Ohio, her 8. and in the evening gave a demonstration ot
receivership is considered in the best interes's of the
with branch in Dover, O., has opened another branch
the Chickfring Ampico before a large audience in
creditors and shareholders.
in Lrichsville, in the same state.
that citv.
WELTE CO., INC., IN
RECEIVERS' HANDS
VICTORY FOR MUSIC
TRADE AT PORTLAND
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).