The talking machine world (Jan-June 1928)

100 The Talking Machine World, New York, April, 1928 LARGE ST. LOUIS MUSIC STORE FOR SALE A large retail music store centrally located in the rapidly expanding downtown shopping district of St. Louis offers an exceptional opportunity for continued profit to a wide-awake, progressive management. This store has operated for ten years at the same location and has built up a large patronage at a substantial, consecutive annual profit with numerous agencies for the highest grade, nationally advertised lines of musical instruments, phonographs, records, radios, etc., in the music Irade to-day. Full information will be given to executives of firms or substantial individuals interested. Address communications to Box No. 1631, Talking Machine World, 420 Lexington Ave., New York City. Features Allen Portables in Fine Display Portable phonographs have with the arrival Hough Mfg. Co., are being featured in many of Spring been put to the foreground of dealer window displays throughout the country. Above activities. Allen portables, made by the Allen is a display of the Dreher Piano Co., Cleveland. Federal-Brandes 1927 Report Shows Sales of $11,039,678.07 Annual Report as of December 31 Lists Current Assets of $6,987,854.15 and Liabilities of $2,904,887.70 — Interesting Facts Regarding Firm The annual report of Federal-Brandes, Inc., just issued, contains interesting information regarding the history of the company and its operations for the year 1927. The consolidated balance sheet as of December 31 shows current assets of $6,987,854.15 with current liabilities of $2,904,887.70, or a ratio of 2.5 to 1. The properties and plants of its subsidiary companies have a sound value after depreciation of $1,252,137.11. With the exception of $380,000 fifteen-year 6z/> per cent convertible gold notes the companies have no funded indebtedness. The sale of broadcast receivers and electrical phonographs for the fiscal year ended December 31 amounted to $11,039,678.07. Since that date the volume of sales has been exceptionally good, and there is every indication that the record-breaking progress of the company will be continued, according to the board of directors. Federal-Brandes was incorporated on July 1, 1926, for the purpose of acquiring the entire capital stock of Federal Telegraph Co. (California), Brandes Products Corp., Canadian Brandes, Ltd., Brandes, Ltd., and Brandes Laboratories, Inc. All of the stock of the four Brandes companies was acquired on November 1, 1926, and since that date Federal-Brandes has acquired 99.6 per cent of the stock of Federal Telegraph Co. In addition to being the holding or parent company of Federal Telegraph and the four Brandes companies, FederalBrandes also functions as a merchandising corporation of Kolster Radio in the United States. Canadian Brandes, Ltd., and Brandes, Ltd., perform similar functions in Canada and the British Isles, respectively. In two years, according to the report, Federal-Brandes has become recognized as occupying third place nationally in sales volume in this phase of the radio industry. Kolster radio is sold in the United States by over seventy wholesale distributors and by more than 7,000 franchised dealers, and the directors expressed confidence that the company will show similar gratifying merchandising progress in the future. In 1927 Federal-Brandes entered into a contract with the Columbia Phonograph Co., under the terms of which Kolster radio and the Kolster electrical phonograph will be used exclusively by the Columbia Co. Certain patent arrangements were also concluded with the Radio Corp. and associated companies, which gave Federal-Brandes not only substantial World's Classified Advertising Any member of the trade may forward to thi« office a "Situation" advertisement intended for this Department to occupy a space of four lines, agate measure, and it will be inserted free. Replies will also be forwarded without cost. Additional space will be at the rate of 25c per line. If bold-faced type is desired the cost of same will be 25c per line. Rates for all other classes of advertising on application. POSITION WANTED WHOLESALE radio manager and buyer, at present employed by large Southeastern jobber, wants position with reliable radio manufacturer. Qualified by long experience as "contact" man with distributors and dealers and by knowledge and acquaintance in Southeastern territory as field representative. Over twenty years with present employer, who is old automotive jobber. Experienced catalog and booklet compiler. Five and one-half years in radio dept. Address Box 1632, Talking Machine World, 420 Lexington Ave., New York. MANUFACTURER'S REPRESENTATIVES WANTED We have some very valuable territory for live wire representatives who are acquainted with the jobbing trade in their territory and who can produce results. In answering be sure to give experience and references. Bush & Lane Piano Co., Radio Div., Holland, Mich. PHONOGRAPH DEPT. MANAGER Experienced Phonograph man who is capable of creating and closing sales. Must understand Radio and Combinations, one with Victor experience preferred. Salary and commission. All aplications strictly confidential. Address Box JNo. 1633, Talking Machine World, 420 Lexington Ave., New York. DIRECT SALES We will organize a Direct Sales force in New England territory to distribute your product. Give complete details in first letter. For further information and terms address Drayton-Erisman, Inc., 128 Summer St., Boston, Mass. SALESMAN WANTED: Reliable man to travel over the entire United States selling a nationally known article to jobbers only. Salary and commission. Address Box No. 1634, Talking Machine World, 420 Lexington Ave., New York. AVAILABLE: Recording manager — thoroughly experienced. Address Box No. 1635, Talking Machine World, 420 Lexington Ave., New York. AVAILABLE: New York-Metropolitan district manager or agent. More than ten years' experience in similar capacity in piano and phonograph lines. Address Box No. 1636, Talking Machine World. 420 Lexington Ave., New York. WANTED: New York representation of music store merchandise. Either one or more lines. Address Box No. 1637, Talking Machine World, 420 Lexington Ave., New York. RECORDING ENGINEER with 20 years' experience is open for engagement. C. Kanuath, 92 69th St., Maspeth, recognition of its own patents but the right to use the inventions of RCA and associates. An advantageous agreement with the Postal Telegraph interests was also reached in 1927. As of December 31, 1927, Federal-Brandes, Inc., had outstanding 21,200 shares of preferred stock, 542,400 shares of A common stock and 20,000 shares of B. common stock. Dividends of $7 per share per annum have been paid on the preferred since its issuance. Nita Mitchell New Okeh Record Artist Okeh dealers were more than pleased with the first Nita Mitchell record. It not only gave Nita Mitchell to them an excellent singer but a record that was an artistic achievement. Miss Mitchell's voice is of a plaintive Blues quality and is keenly in sympathy with the mood of her songs. Sheet Music Dealers to Meet During June — i The fifteenth annual convention of the National Association of Sheet Music Dealers will be held on June 11 and 13 at the McAlpin Hotel, New York City. All retail sheet music dealers are urged to be represented whether members of the association or not. A number of topics of interest to all dealers will be discussed, among which are: Co-operation between retailers and publishers; newspaper reviews of new music and the inserting of advertisements in conjunction with them; the securing of contact with educational authorities to increase the sale of public school music, and a number of other live subjects. Trinidad Distributor Bremer-Tully Mfg. Co., Chicago radio set and parts manufacturer, announces the appointment of Hardware & Electric Supplies, Ltd., 4 Frederick street and 11 Henry street, Port-of-Spain, Trinidad B. W. L, as wholesale distributors,