Music Trade Review

Issue: 1895 Vol. 21 N. 23

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW.
EDWARD L\MAN
Editor and Proprietor.
PUBLISHED
EVERY
SATURDAY
3 East 14th St., New York
SUBSCRIPTION (Including postage) United States and
Canada, $3.00 per year; Foreign Countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
Insertion. On quarterly or yearly contracts. special dis-
count w allowed.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
fhtteredat the New York Post Office as Second-Class Matter.
'•THE BUSINESS MAN'S PAPER."
RETROSPECTIVE AND PROSPECTIVE.
EFORE another publication day of
B
THE MUSIC TRADE REVIEW, the
cur-
tain will have fallen, and 1895 will have
passed into history.
For the next two weeks at least, the bus-
iness concerns will be carefully examining
their accounts for 1895, and planning for
the New Year's business.
With some firms the examination of their
books for 1895 will be a pleasurable occupa-
tion—fraught with much joy and pleasing
reminiscences.
For some the pages will not contain pleas-
ing disclosures.
For there are those who have been deeply
disappointed in their business expectations,
and the result—the year now closing has
been for them an unsatisfactory one.
We cannot all gather a golden harvest.
Perpetual sunshine is a thing unknown,
and after encountering considerable cloudy
weather and occasional storms we can better
appreciate the rays of the sun as they glint
through the clouds of business depression.
According to the views of some of our
most eminent financiers, the country is
Others are just as strong in their state-
slowly but surely lifting itself from the mire ment that the cheap piano is in its decad-
of depression into which it has been ence, having fulfilled a certain mission—
plunged.
make-shift, as it were—is a thing of the
The return to business activity is neces- past.
' ' * '.
sarily slow.
We have always believed that the very
The arteries of trade were well shrunken, cheap piano simply was used as an emer-
and a long time will have elapsed before gency.
they are properly extended and performing
But it cannot be overlooked while dis-
their regular functions.
cussing this matter, that there have been
great surprises in the matter of just what a
'
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man could do in piano manufacturing for a
Just the exact amount of progress made
small amount of money.
in the music trade industries during the
Will the development of American
past twelve months is indeed difficult to
energy, as applied to mechanics, or any-
determine with a fair degree of accuracy.
thing, for that matter, continue to develop
Some men give an evasive answer, some
along the line of cheap piano construction?
no answer at all; and in fact, very few men
Just what can be produced for a modicum
will state accurately just what their output
of money in the piano field, is still conjec-
has been for a given period.
tural. Many consider that the very cheap
No doubt in this they are perfectly cor-
piano is a fixture—that it has come to stay.
rect.

For ourselves, we have always believed
It is well for business men to retain among
that a dealer should attach his faith
themselves and their own inner counsels
to a medium piano, steering clear of the
secrets of this sort, but still, the retention
very cheap instruments, that in this his
of these secrets cannot keep people from
course lay toward prosperity.
guessing and from estimating as to just
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what this country has done in the line of
musical industries during the past twelve
It seems to us more and more a fact as
months.
we cast a retrospective glance over the con-
A trade paper, therefore, has to fall back tinual changes which this trade has been
on its own special field of information, undergoing, that it is going to be more and
with large deductions and additions here more of a vital struggle for existence be-
and there.
tween the small manufacturer and the
We would say this, that from all inform- larger one.
ation at hand gained through various
The man who has a tremendous output,
sources, we are led to believe that the out- controls a vast machinery for its disposi-
put of pianos for 1895 will approximate tion, a huge Capital and a trained corps of
ninety-three thousand.
experts in his business, is occupying a po-
To some this statement may seem a sur- sition of advantage over his competitor
prisingly large- one, but in support of our who has to work with smaller capital, a
position in the matter of the above estimate, less number of attache's, and consequently
we wish to say that there has been a large a less output of pianos, is working under
increase in the number of cheap instru- conditions more unfavorable than his more
ments.
fortunate competitor.
It is from the factories which have been
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producing the cheap pianos that the large
Again to us it is apparent that the manner
increase has come over the previous year—
in fact, the era of cheapness is still with us. of conducting the piano business is con-
Factories which have maintained a satis- stantly undergoing radical changes.
Unquestionably, every year there will
factory amount of activity throughout the
entire year, are factories which have been enter into the conduct of the piano business
producing the cheapest grade of instru- more and more of that element of commer-
ciality which permeates every other trade.
ments.
There will be less of the old time conser-
There has been, it is true, a demand for
the medium, better and high grade pianos, vatism, and a more and more direct applica-
but that demand has been reduced materi- tion of the new and modern lines of energy
ally by the preponderance of the cheaper as applied to commercial enterprises.
We have in mind an innovation made by
pianos.
It is a question, however, if the cheap a notable house, which will without doubt
piano will figure as largely in the next year be followed in the near future by other
firms who have been conducting their busi-
as it has during the present year.
ness
on exclusive lines.
There are those who claim for it a decided
We refer to the recent announcement of
increase.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW.
Chickering & Sons, that they will hereafter
handle other pianos in connection with the
Chickering at their warerooms in this city.
It is that spirit of progressiveness and
modern enterprise which to-day permeates
the Chickering business, that has brought
this new change about.
Occupying the eminent position in the
trade in this city and throughout the coun-
try as the house of Chickering does, it is
but fair to presume that such a method on
their part will cause others to emulate their
example.
There are stores on Fifth avenue which
have for years followed the plan of Chicker-
ing & Sons, viz.: Selling no other pianos
than those of their own make.
Now the Chickering firm come out boldly
and say that while the Chickering piano
will occupy the same position that it always
has in the past in their warerooms—the
"leader"—yet pianos of other makes will
be pushed with just as much persistence
and energy as their own instruments.
In other words, if a customer has a musi-
cal taste, but not a Chickering purse, that
taste may be gratified by a piano purchased
in their establishment which bears another
name than that of Chickering upon its fall-
board.
This move is a move weighty with mean-
ing, as it will have a far-reaching effect
upon the retail piano business of New York
and elsewhere as at present conducted.
We have no doubt during '96 that in
nine-tenths of the warerooms in this city
customers will not be turned away from
establishments simply because they have
not the price for a Chickering, a Weber or
other makes.
There will be in this city more and more
music emporiums in the fullest sense of
the word.
The piano business will be run nearer on
the lines of other manufactures than here-
tofore—at least it seems to us to be rapidly
gravitating to that.
Modern methods of commercialism are
already applied to the conduct of the piano
business, and as an iron wedge is driven
with force into yielding wood by the power
applied, so the piano business will yield to
the pressure of modern and progressive
ideas that characterize business dealings in
all other manufactures at the close of this
century.
sale for a limited time, giving residents of
those cities wherein they had taken tempo-
rary warerooms, an opportunity to purchase
their wares direct.
Of course, the local dealers are very much
injured by such a course, but no one can
dispute that such methods are along the
lines of modern business principles.
A man has a perfect right to sell his
goods in any locality wheresoever he wishes.
This method has been adopted also by
an Eastern firm in a locality where they
have had no representation.
All such principles cause one to think
that the entire business is undergoing a
change—such a change as we have pre-
dicted above.
0
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0
The outlook for 1896 is particularly bright
for piano manufacturers.
As an argument in substantiating this
statement, let us ask what year for three
years has there been so many orders by
telegraph for pianos?
Do not such messages show a general de-
pletion of the stock in the retail warerooms?
Does it not show that dealers have been
buying sparingly, have preferred really to
sell from the factory rather than carry
stock in their warerooms?
And does it not show that there will be a
steady demand during the first months of
the year?
We will predict that there will be less of
the stagnancy which usually prevails during
the first two months of the year, than for
the past half dozen years.
Stocks are low, the people must have
goods.
Dealers will not lay in large stocks, which
is really much better, but their demand
will be steady—continual—sure.
It seems as if we have had a succession
of blows which have seriously retarded
business, but after all, there is that under-
lying faith in American institutions which
causes this country to rise above all obsta-
cles, tariff tinkering, Debs rebellion, Cleve-
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landism, everything.
Some of our local contemporaries have
The general business of the country has,
according to careful estimates, advanced to been giving much space to the "West-
a position of twenty per cent, above that ern scare," claiming that soon the advance
guard of the great Western firms would
of '94.
If it had been the other way, showing a cross the Alleghanies, planting their banners
decrease of twenty per cent., it would be in the great cities of New York and Boston,
exceedingly alarming; but as the tide is and completely annihilating the local trade
the right way, we should all celebrate the in those cities.
What rot.
holidays in the good old-fashioned way.
Arrant rot.
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Manufacturers have existed and con-
The President's message on the Venezu- trolled warer.ooms in the East for many
ela matter threw the country into a tremen- years, before some of the Western men first
dous panic, resulting in the loss of some saw light.
hundreds of millions in two or three days.
They will continue to maintain business
The reaction, however, has set in in a establishments even though the West "in-
good healthy manner, and there has been a vades the East."
lively scramble on the part of investors to
For our part we have condemned most
get back some of the good things which in heartily such messages and warnings from
their timidity they let slip from their hands the New York press.
at the first announcement of the "war
We believe in healthy competition, that
scare.''
kind of competition always stimulates trade
The improvement in prices, and the —makes business better for everyone.
present healthy tone of the markets, show
We gladly welcome the onward march of
how absurd was the disturbance, and how our Western brethren, whom we most
unnecessary the alarm which precipitated heartily admire.
the sudden decline in stocks.
Let them come; there's room for all in
If our national finances are in a bad way, this great big country of ours, and while
they are certainly not past mending, and they are selling their wares in the East, we
there is no doubt but that our national leg- do not think that Eastern wares will be en-
islators will do their full duty in this re- tirely excluded from lands west of the Ap-
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palachian chain.
spect.
In other words, Eastern men will con-
Also there is another method, which was
Of course, if alarmists continue the "war
first adopted by the great Kimball firm in scare," and the tariff tinkerers go on with tinue to do business in the West as well as
the West, that house which has left its im- their work at Washington, why we may ex- in the East.
Western men, sturdy and progressive,
print over the broad territory west of the pect disrupted and unsettled business, but
Alleghanies, and that in localities where just at present the conditions are encourag- will steadily advance their lines toward the
East, but as far as this "wiping out"
they were not represented to hold a special ing.

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