The talking machine world (July-Sept 1921)

August 15, 1921 THE TALKING MACHINE WORLD 49 THE RESURRECTONE IMPORTANT POST FOR C. H. MURRAY Popular Advertising Manager Has Been Appointed Assistant to the President of the Path£ Co.— George W. Lyle Resigns C. H. Murray, advertising manager of the Pathe Freres Phonograph Co.. Brooklyn, N. Y., has been appointed assistant to the president of that company. Mr. Murray has been assigned an office directly adjoining that of W. W. Chase, president of the Pathe Freres Phonograph Co. In a letter to Pathe jobbers, announcing the ap SIXTEEN POINTS OF CHEER A Double Octave of Reasons Why Talking Machine Manufacturers, Jobbers and Dealers Should Be Optimistically Inclined Here arc sixteen reasons for the belief that great headway has already been made toward normal business: The depression has been under way for the last seven months and, theoretically, the country's business is just that much nearer normal. NEW CHASE-HACKLEY RETAIL HOME Move to Ground Floor of Recently Constructed Occidental Hotel Building Muskegon, Mich., Aug. 5. — The retail business of the Chase-Hackley Piano Co., in this city, was recently moved to new quarters. The new location is on the ground floor of the recently constructed Occidental Hotel Building, of Muskegon, and the home of the Chase-Hackley now boasts of one of the finest showrooms, not only in Michigan, but in the entire country. The policy ofthis company, for a long time past, has been along the plan of the general music store. It has special departments devoted to pianos, Victrolas, sheet music and musical merchandise, and has experts in charge of each of these branches. ISSUE JWUS1C WEEK PROGRAM National Bureau for Advancement of Music Distributes Copies of Washington Music Week Program— An Impressive Showing The National Bureau for the Advancement of Music has just sent out to the trade copies of the program of the recent Music Week activities in Washington, D. C, which offers most conclusive proof of the elaborate character of the celebration. The story of the Washington Music Week has already been told with considerable detail, over 50,000 children having participated in the great chorus in the Ellipse alone. In one single day there were forty-four scheduled musical events. Accompanying the program is a booklet of views of the various events during the Washington Music Week, a number of them showing President Harding taking an active part in the different exercises. 1 for the la: Hav C. H. Murray pointment of Mr. Murray as his assistant, Mr. Chase states: "In recognition of the services rendered to the company during the past two and one-half years, and my faith in his co-operation with our organization, I have appointed Mr. Murray as my assistant." Mr. Murray will have charge of the sales as assistant to Mr. Chase and will also continue his excellent work as advertising manager of the company. In the same communication Mr. Chase announces the resignation of George W. Lyle, who was general sales manager. Mr. Lyle found it was impossible to reconsider his resignation, and for the present Mr. Chase has announced there will be no successor appointed. The Thos. Goggan Music House, of Houston, Tex., reports an excellent demand for the new portable Victrolas, of which an excellent window display was made recently. This little instrument has greatly stimulated business with this large percentage of high-priced inventories into finished materials for the market, manufacturers arc now in position to take advantage of lower prices for raw materials. The tendency toward easier money and continued recovery in exchange, and increase in purchasing power of the dollar. Reduction in commercial discount rate. Gold imports of more than $325,000,000 since the first of the year, with exports of only $6,000,000. Strong Federal reserve bank position. Unfilled orders of United Slates Steel down to 5,845,224 tons, very close to low record, based upon capacity of corporation. Surplus copper being gradually worked off as a result of a drastic policy of curtailment. Many manufactured products selling at cost or below. Gradual restoration of confidence and no longer any fear that the country is facing financial and business disaster. Promise of good crops. Wage reductions accepted without protest by employes of nearly all industries. Signing of reparation agreement which will facilitate international trade. Determination of present administration protect manufacturers against invasia eign goods. World shortage of goods. Lack of credit largely responsible for curtailment of buying. Determination of the Administration to give the railroads a square deal. Incidentally nearly one-half the population of the United States, either individually or through insurance companies, savings banks, etc., are interested as shareholders in the railroads.— Wall Street Journal. of for Good will is the guaranteed link between maker and buyer. It is the most valuable asset that any firm can possess. RECEIVER IN EQUITY APPOINTED Judge Hand Places A. R. Memhard in Charge of the Masterphone Corp. in the Suit Brought by a Creditor of that Company Judge Learned Hand on July 25 appointed Allen R. Memhard receiver in equity for the Masterphone Corp. of America in a suit brought by Harry L. Rasbbaum, a creditor. The liabilities are stated to be $18,000 and assets in excess of that amount, but the corporation is said to be short of liquid assets to meet maturing obligations. The corporation was organized last February with an authorized capitalization of $150,000 to exploit a patented device which is said to amplify and improve the sound of phonograph records. NEW PATHE NUMERICAL LIST The Pathe Freres Phonograph Co.. Brooklyn, N Y has just issued a catalog containing a complete numerical list of all the Pathe Sapphirc and Actuelle steel needle records up to and including the records in the September, 1921, supplement. This book will also prove a decided help ill keeping an accurate inventory of all records in stock. The catalog is large id size and presents in visible form the great number and wide variety of selections available in Pathe records. Beginning with October ,t is planned to issue a separate hanger for Actuelle records.