Music Trade Review

Issue: 1899 Vol. 28 N. 12

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
why it is quite natural to address these
concerns, because they like to have their
neighbors understand that they are car-
rying on dealings with some of the big
concerns in Chicago, never looking care-
.EDWARD LYMAN BILL-
fully into the matter of price and quality.
Editor and Proprietor
This sort of trade is, to a considerable
PUBLISHED EVERY SATURDAY
extent, affecting the business of the local
3 East 14th St., New York
dealer, and moreover it is a hard compe-
SUBSCRIPTION (including: postage), United States,
tition to meet. It only makes another
Mexico and Canada, laao per year; all other countries,
$300.
problem of the times, another competition
ADVERTISEnENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
which The Review terms catalogue com-
count is allowed. Advertising Pages $50.00, opposite read'
ing matter $75.00.
petition.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
It is said of a number of concerns who
Entered at the New York Post Ojjice as Second Clast Matter.
issue these enormous catalogues that they
NEW YORK, MARCH 25, 1899.
carry very little stock themselves. As the
orders come in, the catalogue compilers
TELEPHONE NUMBER, 1745--EIQHTEENTH STREET.
call upon the various manufacturers and
THE KEYNOTE.
obtain from them goods at wholesale rates.
The first week of each month, The Review wil)
contain a supplement embodying the literary
We cannot say how true this is of the
and musical features which have heretofore
musical instrument trade but we do know
appeared in The Keynote. This amalgamation
will be effected without in any way trespassing
that there are concerns in the West who
on our regular news service. The Review will
continue to remain, as before, essentially a
refuse absolutely to sell the catalogue men
trade paper.
goods, save at regular retail rates.
CATALOGUE COMPETITION.
The dealer's lot at best is not a happy
T H E life of the music dealer is not one, and with the increased competition it
wholly made up of ease and comfort would seem as if the grind was becoming
in these days of rapid changes, of gigantic a little harder. Of the catalogue competi-
trusts, of combinations, of department tion we shall have considerable to say later.
store competition, and other things which
we have neither time nor space to enu- DEPARTMENT STORE THOUGHTS.
merate here. One of his latest troubles T H E R E is apparently no diminution of
lies in a competition which is new and
department store talk. There are
colossal in proportions.
endless theories advanced as to the possi-
We refer to that competition which may ble effect the department store will have
be properly termed a catalogue competition. upon the future distribution of pianos. All
To particularize: such firms as Montgom- of this talk, agitation and theorizing is ex-
ery, Ward & Co., Sears, Roebuck & Co., cellent, in that it acts as an impetus to the
issue catalogues of hundreds of pages in- trade. It is a trade vitalizer; it is even
cluding almost everything that is required now stimulating the dealers to renewed ac-
to cover an individual from the cold of tivity. They realize that department store
winter or the heat of summer, likewise competition will be in the main a business
providing all accessories for home com- competition of that consistency which it
forts, adornments and necessaries, from a will only be possible to meet on a straight
paper of pins to a steam threshing ma- business platform. In other words, a
chine.
platform of prices.
This endless variety of manufactured
Thus far the great department stores
goods is shown in an illustrated form, and which propose entering the piano arena as
the prices given are in many instances active solicitors for trade patronage have
alluring. These catalogues now include not given evidence of any peculiarities in
not only pianos and organs but also all trade methods which they propose to adopt.
lines of musical instruments, such as The regular advertisements of these firms
are offered by what we colloquially term have thus far been singularly free from
the small goods trade, such as man- piano announcements. Whether daily
dolins, harps, violins, music boxes, brass hints on pianos will become a feature of
instruments, etc. Now these catalogues the advertisements of the great stores
are got out in enormous numbers and are which.will offer pianos for sale, is yet to be
sent not only to the residents of small determined.
villages and towns, but to farmers and
And then again, there is another ques-
ranchmen whose names are secured by cor- tion. Will people be induced to buy pianos
respondence with the local postmasters. simply from an announcement? What
These catalogues are thumbed over on the percentage of pianos are sold from people
kitchen table, and if one of the family coming in and making direct purchases
desires a new fiddle string or a harmonica, without having been previously made the
direct target for alluring arguments on
the part of the salesman?
Travel over America and the average
dealer will tell you that the percentage is
small indeed, and from personal observa-
tion we are inclined to the belief that the
men who are doing intelligent and persis-
tent work on the outside in cultivating and
working up trade are the ones who are do-
ing the retail business in this industry to-
day.
There is no question, however, but that
alluring advertising is a strong factor in
attracting trade, but people who visit a
store in answer to some special advertise-
ment invariably compare the special sale
instruments with others before the pur-
chase is definitely closed. In this way the
competitor always has an opportunity to
instil a little of his special advice and ar-
gument into the receptive mind of the
piano customer. In this way many con-
versions are made which otherwise would
not take place.
T H E R E is, too, a vital question in this
department-store matter. If the de-
partment stores in offering pianos to the
public do not offer some special induce-
ments, will they sell the instruments? And
if they offer any particular makes at cut
rates, will the action not have a depreciat-
ing effect upon the sale of those instru-
ments in other sections of the country?
The dealers, we learn, propose to have
on file, papers in which the piano adver-
tisements of the big dry goods concerns
appear. If there are cut prices on regu-
lar stock they propose to use them against
their competition.
And others argue, if the prices are not
kept up the department stores will not sell
the goods. However, this is all theory,
and everthing is for that matter in regard
to this important question. It will take
one full year to thoroughly test the matter,
and at the end of that year we shall all
know more about the effect of the depart-
ment stores upon the future of this in-
dustry.
But let us keep the subject well before
the trade. It is a great question. The de-
partment store, however, has one price and
that price will be rigidly adhered to in
every instance, and there can be no ques-
tion but that this method in itself will have
a beneficial effect upon the retailing of
pianos.
The conditions which exist in this trade
regarding the one price system are deplor-
able, and to this cutting and slashing may
be directly traced much of the evil com-
monly attributed to piano methods. If one
price were asked for an instrument, and
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
that price adhered to, this trade would build
up on a substantial basis from that day,
but as it is now, the dealers themselves
have encouraged the method of departing
from fixed prices.
TOURING the past few months we have
seen men on the floor engaged in
selling pianos bend to the will of custom-
ers, rather than adhering to their own fixed
standard. Now in no other line do such
methods obtain to such an alarming extent.
If one visits a jewelry store to purchase a
watch, there are few indeed who attempt
to jew down the merchant on the original
price asked for the watch. We may say
the same in almost every other line. If
one visits his tailor to purchase a suit of
clothes, he accepts the prices given him by
his tailor, but how many times on the
floors of warerooms have we listened to
ridiculous offers made by possible custom-
ers to piano merchants. Such methods
constitute business insults in other lines.
It was only the other day we were in a
Western city when a lady and gentleman
entered a store and were shown several in-
struments. They were favorably inclined
towards a handsome upright in mahogany
casing the price of which was $400. After
considerable illogical argument, they finally
made an offer of $250 for the instrument.
The salesman seemed rather pleased to
receive any kind of an offer, and instead of
standing up manfully and repudiating with
scorn such a proposition, he smiled rather
approvingly and went back to consult with
his chief, who came out with evidently the
fixed intention of selling that piano, of
getting all he could, but still to make the
sale. We heard much of the conversation
that followed, and noted the result. The
customer secured the piano for $315.
Now, if it was only worth $315 why in
the name of all good business commonsense
should it not have been so listed? It is
just such methods and practices which are
undermining the trade stability.
If the department stores will help to en-
courage the one price system then they
will have materially bettered this industry,
for it is by just such methods of asking one
price, and tumbling a hundred or so from
it before they will permit a customer to
depart that many dealers have cultivated
the belief in the public mind that there are
abnormal profits in the piano business, and
that the dealers themselves attach certain
prices only to fall from them under the fire
. of a customer's argument.
We are inclined to the opinion that the
department store as a factor will never be
a dominating one. We are also inclined to
the opinion that its influence will be rather
beneficial than detrimental to the future of
the trade.
THE CONVENTION IN WASHING-
TON,
T H E time is drawing rapidly near when the
members of the Piano Manufacturers'
Association will gather in the Capitol City
for business and social purposes. There
are many matters of importance which will
probably be brought up before the Con-
vention, matters which directly affect the
welfare of the trade. The annual meetings
of the Association grow in interest; no
other gathering of piano men has drawn
out the previous comment and expressions
of interest that thus far have been heard
over the forthcoming Convention. No
doubt there will be many arguments, and
possibly some hot debating may be held
before the Convention of '99 passes into
history.
It has been stated that the members of
the trade press would be admitted to the
business meetings. There are arguments
to be made for and against this proposition.
Some members of the Association favor
the idea of throwing all the sessions open
to the trade press in order that the fullest
publicity may be given to Convention work.
Others say that if the members of the
trade press are admitted to the business pro-
ceedings, many will be deterred from giving
an open expression to their views through
the fear of the possible effect which their
utterances may have when reported to the
trade outside. They figure that a great
many of their sayings may be misconstrued
if not misquoted, and that the greatest
good to the Association can come through
unrestrained argument.
There is no question but there is a
great deal of truth in that statement. If
some of the members of the Association
knew that they would be reported ver-
batim in their utterances, they would not
say precisely what they would under other
conditions.
An intimate acquaintance with Associa-
tion work for a dozen j'ears has convinced
us that the real work of an association lies
in the committee work. That a few men
can deal with matters of importance quick-
er, keener and more satisfactorily than a
great number, has been demonstrated to
us on more occasions than one, therefore it
may be that all of the matters of trade im-
portance may be thoroughly argued before
separate committees which necessarily hold
private sessions, then when these final re-
ports are made, they will be run through
the association, with little or no argument,
the association accepting its committees'
work. Jf this course should be adopted by
the members of the National Association,
then there would be little or nothing to
prohibit the presence of newspaper men at
the open convention.
A MEMBER of the trade has expressed
the wish that all the trade press may
be heard from at the convention—that a
few minutes of time be accorded each rep-
resentative in which to air his eloquence.
May the Lord preserve us from such a cal-
amity, for if ever there was a ridiculous
parade of trade editors, it occurred at Man-
hattan Beach where, one after another,
they were led out like a part of a wild West
show. This was done, presumably, in
order that one editor might not feel jealous
of the prominence given another.
As far as we are concerned, we should
be glad if the honor of replying to a toast
were given to any one of our centempora-
ries who is in good standing, but to have
more than one would be assuming, to our
mind, a ridiculous attitude in order to
avoid precisely what the managers tried to
prevent at Manhattan Beach—a jealous feel-
ing among the editors. The trade papers
of this industry are engaged, in the main,
in laudable work, and it certainly cannot
be inappropriate if one editor were selected
to reply for the trade press as a factor in
promoting industrial growth.
THE RISING TRUST TIDE.
\ \ J E reproduce in another portion of this
paper, excerpts from an article ap-
pearing in the Saturday Evening Post of
Philadelphia written by Chauncey M. De-
pew on '' The Growth of the Modern
Trust."
As Senator Depew has been a member
of the Vanderbilt business household for so
many years, it would hardly be expected
to find in him an opponent of the modern
trust, and yet Mr. Depew says regarding
trusts:
" There will come a reaction, due purely
to business reasons. It is inevitable that
these combinations should become very un-
wieldy and tremendously over-capitalized.
Already we see a disposition to swell the
capitalization of some combinations to an
unreasonable limit. When this has gone
on for a time independent men with capi-
tal, energy and business brains will find
that they can succeed in competition with
these large concerns which have too much
capital, particularly as the big concerns are
run by salaried officers while the individual
will be conducting his business on an
economical scale doing largely his own
work while having the assistance no doubt
of his people and living within a very
modest income,"

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