Music Trade Review

Issue: 1897 Vol. 24 N. 26

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
From the Editor's Note Book.
HE other day while chatting
with a manufacturer, not one
of the indigo sort either, he
said, "I read with interest
the letters which were pub-
lished in The Review in re-
ply to inquiries which were sent out from
your office regarding business conditions,
and I am led to believe that they formed
collectively a good trade barometer. I have
orders from a number of dealers this week
from whom I expected nothing until later
on for fall trade. Their orders show that
they are selling goods, and that their pro-
spects for summer trade are by no means
poor; that their business hopes are not
extinguished, on the contrary, they are
brightening up considerably. I note too,
that the factories in other lines are busy.
In the South the iron business is stead-
ily growing, and I notice that in Bir-
mingham that there will be extensive
additions made to the iron plants in that
thrifty town."
I replied, "I think your predictions will
be fully realized; but a strange part of the
situation is that in some localities it is ex-
ceedingly dull while in the adjoining town
times are very good. I noticed particu-
larly how these conditions prevailed in
New England while there on a recent trip.
In some towns I found dealers who were
feeling in a very buoyant frame of mind
over their conditions, while in a city not
twenty_miles away everything seemed flat,
and the'warerooms wore a deserted appear-
ance.
"To my mind these peculiar conditions
are the natural outcome of the depressed
times which have existed during the past
three or four years."
The other day a friend of mine, a
dealer who lives not a thousand miles from
New York, dropped in to see me, and was
complaining bitterly of trade conditions.
He was hurling wordy pyrotechnics in
which there was a modicum of profanity
at the inactivity and indifference of our
servants in Congress. This week he ran in
to see me again and his mood had changed
completely. He was a different man.
"How is trade?" I asked. "Judging
from your appearance something must
have occurred over in your vicinity which
has caused you to don that bland June like
smile."
"And there has," he replied. "You
know one day last week I sold five pianos."
"What—and lived?" I gasped. I knew
that a piano or two a week was a pretty
good average for him.
"Yes,"he said, "I have never felt better
in my life. Got fine prices, and a good
bit of cash down on each sale, and I have
three sales which I think will come my
way next week."
And that is the way the trade tides go.
Trade is fickle; it is elusive, but still there
is trade, and it comes in at a most unex-
pected time.
*
*
*
*
At the factories for the next sixty days
of course the summer quietness will pre-
vail, but I think that summer trade will
be better than last. There are unmistak-
able indications which point to better
times. With the tariff bill once out of
the way,—and it is to be fondly hoped
that the second week in July will have
ended the discussion on that important
measure, — business will at once feel
the rejuvenating influences which come
with fixed tariff laws.
*
*
*
*
There are few men better fitted by exper-
ience and training to express an opinion
anent business conditions and business pros-
pects than James G. Cannon, vice-presi-
dent of the Fourth National Bank of this
city, and who was elected president of the
National Credit Men's Association at its
recent convention in Kansas City.
When interviewed last week on his ar-
rival home he gave expression to the very
bullish impression of the general business
situation which he obtained during his trip
West and his interviews with the delegates
to the convention. The association has a
membership of nearly two thousand repre-
sentatives of the best mercantile houses in
the country, nearly three hundred of whom
were at the convention as delegates, each
local association being entitled to a certain
number of delegates, according to its mem-
bership. Twenty-three States were repre-
sented in the convention, the delegates
coming from as far West as Portland, Ore.,
and Los Angeles, Cal., as well as from St.
Paul, Minn.; Boston, Mass., and New Or-
leans, La. Representatives were present
from every large jobbing center in the
United States. A careful canvass of the
delegates present, he says, indicated that
the consensus of opinion was that the gen-
eral business situation throughout the coun-
try was steadily improving. The price of
merchandise is on a firmer basis, and mer-
chants express the opinion that they will
not be obliged to conduct their business on a
falling market, as was the case last year.
Crop prospects throughout the West are
very encouraging, and cool weather, fol-
lowed by abundant rains, together with
warm growing weather, has brought every-
thing rapidly forward. The farmers are
receiving better prices for their cattle, and
if the price of corn and wheat can be main-
tained the merchants look for a very pros-
perous condition of affairs throughout the
West this fall. The members of the associ-
ation, he added, were all hopeful of an early
settlement of the tariff question, and were
very much pleased with the remarks of
Secretary Gage as to the policy of the ad-
ministration regarding financial questions.
They were heartily in favor of the appoint-
ment of a currency commission, and a res-
olution to that effect, offered by the Minne-
sota delegation, was unanimously adopted.
Besides this a great many questions of in-
terest to the mercantile community were
discussed, among which were uniform
statements. A resolution was adopted au-
thorizing the preparation of such statement
blanks for the use of the members of the
association throughout the United States.
Many other topics of like nature were con-
sidered. The association has a paid secre-
tary, who devotes his entire time and at-
tention to its affairs, and these matters will
be brought before the membership at an
early date. Kansas City is rapidly recov-
ering from its past depression, and there
seems to be a marked improvement in bus-
iness in that locality. "I was agreeably
surprised,'' continued Mr. Cannon, "to find
there was much less talk on the silver ques-
tion throughout the West, and I come back
feeling very much encouraged as to the
business outlook. With bright prospects
for his crop and $5 to $10 a head more for
his cattle, the farmer is less inclined to go
wild on financial heresies." The convention
indorsed the Torrey Bankruptcy Bill.
*
*
*
*
I always like to say a good word for the
Malcolm Love piano. In the first place,
instruments bearing that name are care-
fully constructed, the closest attention is
paid to every detail, and no piano is al-
lowed to leave the Malcolm Love factory
unless it has undergone the most critical
scrutin)'. Mr. Love and his confreres
deserve credit for placing a high grade
piano on the market and forcing it to the
front "as they have during the depressed
times for the past two years. MalcoJm
Love pinned his faith to the belief that a
high grade piano would succeed, and it
seems that he has built on a pretty.stable
foundation.
*

*
*
Wonder who started on its travels the
fallacy that 95 out of every 100 business
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
1 O
concerns fail? If he is still in the flesh, let
him blush for himself, for, according to
Bradstreet's, a bigger "whopper" was
never told. It is practically impossible
to record the average period of existence
of business concerns, but it is known that
the annual "commercial death rate" is
about i.20 per cent., and estimating the
"commercial lifetime" as twenty-five years,
it would appear that the proportion of fail-
ures during that period would be about 30
per cent, of the total number in business,
or 30 in 100 of those having an estab-
lished place in business. Thus it seems
that the originator of the 95 in 100 myth
did not make even a tolerable guess at the
truth.
*
*
*
*
The latest attachment for the piano, and
patented in this country last week by
Marion Chappel of London, is an ornamen-
tal extension built out from the back of
the piano, the outline of which when
viewed in elevation forms an ornamental
case or cabinet having a number of com-
partments, the whole falling within the
outlines of the instrument. Now that
furniture makers are utilizing the piano,
why not a folding bed attachment?
*
*
*
*
The gallant and popular Seventh Regi-
ment, among whom there is a goodly smat-
tering of music trade men, have been do-
ing duty at the State Camp in Peekskill all
the week, winning compliments right along
the line from officials and visitors. Among
the members of the trade in camp were
Albert T. and Wnx. E. Strauch of Strauch
Bros., Geo. N. Grass of Geo. Steck & Co.,
"Arthur Wessell, son of Com. Otto Wessell
and others.
*
*
*
*
In a musical instrument store on Wash-
ington street, Boston, there is a "grand-
father's clock," on the glass front of which
is inscribed the motto, "Time waits for no
man." A customer, observing last Wed-
nesday that the clock was at a standstill,
mute and motionless, naturally inferred,
on reading the motto, that, though time
waits for no man, it was in that instance
waiting for some woman.
*
*
*
*
An energetic concern, the Staib Action
Co., and I notice in my travels, too, that
the Staib action is constantly moving
ahead in trade esteem. The members of
the firm are practical, conscientious, pains-
taking men, and it is their earnest desire to
produce up-to-date piano actions in every
respect. That they are succeeding is best
evidenced by the constant expansion of
their trade.
*
*
*
*
Sentiment is growing in favor of a new
Federal department of commerce and in-
dustry, and the latest advices from Wash-
ington indicate an early consideration by
the administration. Now that farmers
have thetr Cabinet officer, why not the
merchants?
# . #
*
*
It was the fashion of all the early makers
to decorate the harpsichord and clavichord
cases exquisitely. It is told of Salvator
Rosa that a Florentine friend said to him
THE MUSIC TRADE REVIEW
one day, "Why do you keep that old clav-
ichord? It isn't worth ascudo! " "Say you
anything you like," returned Salvator;"it'll
be worth a thousand before you see it
again." Upon the friend's next visit Rosa
had painted the case with mythological
scenes in his best style, making it worth
several thousand scudi.
*
*
*
*
The present bedraggled condition of Fifth
avenue is a source of annoyance to all doing
business on that avenue. The foul odors
from the torn up roadway not only keep
intending purchasers off the avenue but
compel piano men to spend their surplus
cash with the druggists and doctors. The
avenue has been in its present unsightly
condition for a month and at the time of
writing there are little prospects of the
workmen being through for many weeks.
The delay in this matter is a disgrace to
the city.
*
*
*
*
After the outline of the Senate tariff
bill was published, proposing a duty of 45
per cent, on musical instruments, The Re-
view felt it a duty to protest against this ex-
cessive and unnecessary increase of ten per
cent, over the house bill, on the grounds that
instead of being a benefit it would work an
injury to our manufacturers. A memorial
addressed to the finance committee from
the jobbers and manufacturers was advised
setting forth at length their objections
to the increase. I am glad to notice that
the suggestion has been adopted. A peti-
tion has been circulated and extensively
signed. Judging from the present humor
of the Senate, it is [hardly likely, how-
ever, that it will be effective in changing
the proposed duty.
*
*
*
The Dean of the French musical instru-
ment manufacturers is M. Gehrling, of
Paris, who was eighty-seven years old on
June 2d. He is enjoying splendid health.
M. Cavaille-Coll, the eminent organ manu-
facturer, is next in line, having reached his
eighty-sixth year the second of last Feb-
ruary.
*
*
*
*
The immigration authorities were last
week convinced by the Musical Mutual
Protective Union of this city that four
musicians who arrived on the new Ham-
burg steamer Patria, should be sent back
to their fatherland, because they came here
under contract. Perhaps it is not generally
known that certain persons, or certain
classes of people, are not admitted into
this land of the free, if they come here
after having entered into an agreement of
that nature. Musicians, or others, who
take up a residence in this country are sup-
posed to do so without having made a
prior arrangement which explicitly and
intelligently specifies what they are to do
here. This, however, does not apply to
artists, many of whom are so called on
account of the fabulous salaries they are to
receive under contract. The artist is too
often distinguished by the size of the con-
tract and for that reason the immigration
authorities, it would seem, ought to be
careful not to discriminate unwisely.
Sohmer & Co.
Although this is recognized as the "dull
season" by the several branches of the
music trades, there are few complaints.
In a number of instances wholesale and
retail business is reported as fairly active.
This is the case at the Sohmer warerooms.
In truth, if such a report were never made
in that quarter, there is always plain evi-
dence of the fact in sight. Quietly and
unostentatiously, an immense volume, of
business is transacted in the Sohmer
warerooms, on Fourteenth street and Third
avenue. When this is supplemented by
factory transactions, the whole represents-
a condition of prosperity only possible
when conservative and at the same time
progressive methods are used in the con-
duct of all departments.
Add a New Department.
LSpecial to The Review.]
Chattanooga, Tenn, June 19, 1897.
About next Saturday the Jno. Church-
Co. will open a new department for sheet
music and small musical instruments, in
their piano warerooms on Market street.
Handsome oak fixtures are now being put
in place for this department, and it is pro-
posed that it shall contain by far the larg-
est stock of sheet music, violins,mandolins,
guitars, etc., ever carried in Chattanooga.
Mr. E. A. Marshall, who has made such
a conspicuous success with his school of
mandolin and guitar during the past three
years, has accepted the position of manager
of this new department. His experience
and popularity fit him well for the place,
and the only regret of his friends is that he
must give up his school in order to take
the position.
Stole from Benedict Bros.
Charles Hatterman, 247 West Thirty-first
street, was arraigned before Judge Fitz-
gerald in General Sessions Wednesday on
a charge of grand larceny in the second
degree. He was committed to the Tombs.
Detective Sergeant Farley of the District
Attorney's office brought the prisoner from
Jersey City on requisition papers, he hav-
ing been held there since May 20.
Hatterman was employed as a porter by
Benedict Bros., piano manufacturers, No.
515 East One Hundred and Thirty-seventh
street, and is charged with having collected
$85 and fled with it.
Parsons on the 5ea.
Charles H. Parsons, president of the
Needham Piano & Organ Co., sailed for
Europe by the "St. Louis" on Wednesday.
Mr. Parson's trip is as usual a business one.
He will return about Aug. 1st. During
his absence, Mr. Edward J. Hartman,
manager, will have charge.
Schedules of J. Stein & Co., manu-
facturers of music cabinets and furniture
at 151 to 157 Lewis street, whose failure
was reported last week, show liabilities-
$6,021; nominal
a s s e t s , $1,1 22.
assets, $6,447;
actual

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