The talking machine world (Jan-Dec 1915)

68 THE TALKING MACHINE WORLD. We do not rely on giant advertisements for Sales — We depend on intrinsic Merit alone. No amount of advertising can increase the value of WINNER RECORDS: ("The World's Super-Disc") They outwear all others. Only up-to-date songs and selections recorded. Winners leave the dealer a generous margin of profit. THEY SELL ON THEIR MERITS Independent LIVE REPRESENTATIVES WANTED — in U. S. and British Colonies Write the manufacturers for Trade Terms THE WINNER RECORD CO., Ltd. Willowbrook Grove, Camberwell, London, England FROM OUR LONDON HEADQUARTERS— (Continued from page 67). a balance of undivided profits since June 30, 1912, to be carried forward of £14,248. Depreciation at adequate rates has been written off the warehouse, factory buildings, machinery and plant, warehouse furniture and fittings. Sales of gramophones and records in England during the year have been satisfactory, and in view of the general conditions ruling in the country during the greater part of the year, have exceeded the directors' expectations. The total assets of the company (irrespective of patents, trade-marks and good will) and of the foreign companies and branches owned by the company on June 30, 1915, amounted to £1,628,683; deduct liabilities and reserve on investments, £437,223; debenture stock, £300,000; leaving net tangible assets of £891,460. Since the outbreak of war every effort has been put forth by the management to employ the capital, factories and resources of the company in the manufacture of munitions of war. The company has done all the needful preparatory work, secured large contracts and made substantial and successful progress in executing the contracts, but the benefits of this cannot be shown in the present accounts as realized profits. The period prior to June 30 last was largely occupied in adapting existing facilities, extension of buildings, installation and manufacture of special plant and tools, and in the general preparation for the carrying out of the extensive munition contracts entrusted to the company. The present output of munitions from the factories is very large, and should considerably increase after the installation of further plant already on order. The contracts which have been entered into should show satisfactory profits during the year ending June 30, 1916. Under an order of the Ministry of Munitions, the company has been declared a controlled establishment as and from September 6 last. Large sums of money have been received in advance on contracts placed with the company, and large stocks of metals are being carried to fulfil such contracts. The special pro vision of £42,380 made in the accounts of June 30, 1914, and specified as over and above the usual provision made by the auditors in respect of outstanding accounts, has been retained, and the usual provision in the present accounts has been made without regard to this item. The directors recom. mend that in respect of the year ended June 30 last the full dividend on the preference shares be paid not later than January 1 next. The ordinary dividend for the year is necessarily passed by." Saw First Phonograph Work. The death is announced of William Field, Hollywood, Egham Hill, Surrey, who was for over fifty years in the service of the Cunard Line. When in charge of transatlantic ships he got to know many celebrities, among whom was Thomas Alva Edison. Mr. Field, it is said, was actually present when Edison's little strip of metallic foil was first made to tick out "Mary Had a Little Lamb," and he was afterward wont to descant upon the great inventor's unbounded joy and enthusiasm on this important occasion. Patents and Designs Bill. An important piece of legislation was recently before Parliament. Mr. Pretyman (Parliamentary Secretary to the Board of Trade) moved the second reading of the Patents and Designs Act (Partial Suspension) Bill. He explained that in the Patents and Designs Act of 1907 there was a very valuable clause which enacted that any patent which was granted in this country could be revoked if within four years of the date it was granted the patentee did not manufacture the patented article in this country. The manufacturing conditions of the country had been entirely changed by the war, owing to the difficulty of obtaining labor and material. The object of the bill was to prevent any patentee having his patent voided because he was unable to work it, owing to war conditions. The second reading was agreed to, the bill was afterward passed through all its remaining stages and has now received the formal Royal assent. Larger Quarters for Wm. Cooper Bros., Ltd. Indicative of the comparatively strong position of talking machine business, notwithstanding wars and so forth, is the fact that a gramophone firm actually feels justified in choosing the present, of all times, to make a move into larger premises. Partly by reason of trade expansion and partly for the convenience of centralization, William Cooper Bros., Ltd., have transferred their quarters from Clerkenwell Road to 63 City Road, London. The new premises are well located, right in the heart of a district which by reason of its many gramophonic inhabitants is popularly dubbed "Phonoland." Ample accommodation is provided at the new location for the complete concentration under one roof of the many sections or departments of the Messrs. Cooper's varied interests, which cover a multitude of things under the synonym of "The House of Many Parts." In pre-war days this firm occupied a paramount position in the field of supplies, etc.i' and although so many sources of supply have drie<3( up, the complexity and range of their stock in parts| and accessories is still something wonderful. Trade; expansion has been particularly noticeable, howj-j ever, in the direction of record sales. The record featured so successfully is styled the "Coliseum, rj which, of 10-inch double-sided diameter and selling; at a price consistent with the competitive ratds: generally in force to-day, has won for itself a position in the trade of supreme importance. A big and thoroughly comprehensive repertory, asso-, ciated with a good standard of quality at the right selling price, is the secret of Coliseum strength. It may be of interest to here mention that Mijvj Adams, who for "a number of years occupied the! managerial chair at Cooper Bros., has severed hijsi connection with the firm. The new secretary and' manager is H. C. Bonfield, a gentleman whose exjperience-and knowledge of the gramophone industry dates back a decade. As a chartered accountant, GUARDSMAN DOUBLE-SIDED RECORDS, needle cut. REGISTERED " TRADE MARK ARE YOU ALIVE to the fact that we can supply you with records which you can sell much cheaper than your present lines and make a larger profit? We will record your own titles and put your own label on the record, if you prefer it. Send for our terms and catalogues. Don't delay. DO IT NOW! INVICTA RECORD CO., Ltd., 1 New Inn Yard, London, E. C, England