Music Trade Review

Issue: 1899 Vol. 28 N. 17

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
EDWARD LYMAN BILL-
Editor and Proprietor
"
PUBLISHED EVERY SATURDAY
3 East 14th St., New York
SUBSCRIPTION (including postage), United States,
Mexico and Canada, Saao per year ; all other countries,
$300.
ADVERTISErtENTS, $2.00 per Inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
cpunt is allowed. Advertising Pages $50.00, opposite read'
ing mutter $75.00.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
Entered at the Ktu> York Post Office as Second Clast Matter.
NEW YORK, APRIL 29, 1899.
TELEPHONE NUMBER, 17-45-EiaHTEENTH STREET.
THE KEYNOTE.
The first week of each month, The Review wil)
contain a supplement embodying the literary
and musical features which have heretofore
appeared in The Keynote. This amalgamation
will be effected without in any way trespassing
on our regular news service. The Review will
continue to remain, as before, essentially a
trade paper.
ADVANCING PRICES.
'"THE rising tide of prices continues, and
there is no mistaking that all will be
compelled to pay more for every part of
musical instruments than they are paying
to-day. The manufacturer may as well
conclude that he will have to pay more for
all of the supply parts which enter into the
composition of his product, and he in turn
will be forced to charge the dealer more
for the finished article.
There is an unwillingness on the part of
manufacturers to advance prices. They
are, as a rule, waiting for the other man,
but the break will have to be made and
that very soon, too, for with the price of
labor and of materials advancing there is
no other sequel possible. The price of
copper has advanced over fifty per cent.;
iron, twenty-five; steel, five; which means
that on brass hinges, etc., there is an av-
erage advance of forty per cent. ; on pedal
feet, twenty, and so in the matter of action
brackets, pressure bars, muffler rails, etc.
The. same condition prevails in the de-
partment of plate casting. Such concerns
as the Davenport & Treacy Co., Wickham,
Chapman & Co., and others, cannot dupli-
cate the raw material which they have on
hand to-day except at materially advanced
prices, therefore at the same rates that
some are making to-day they cannot, as
soon as their present stock shall have be-
come exhausted, duplicate orders without
losing money at present prices.
There are reasons for the advance along
the line of metal supplies. In the first
place the great steel and metal trust con-
trols the market, and members of that
trust state frankly that the expenses in con-
nection with( the formation of the trust
have been enormous. Promoters commis-
sions and lawyers fees have reached
paralysing figures, and to meet all these,
now that they have the market compara-
tively cornered, they must advance prices,
and in'the end it is the customer who pays.
Thus we see the effect of one trust im-
mediately upon the music trade.
In lumber, too, there is a steady advance
owing to the scarcity of certain woods.
Again, there is another factor which is
considerable, and that is the labor item.
Labor has, in many instances, been ad-
vanced ten per cent.
Now, with all of these elements to con-
sider, it means that piano manufacturers
must advance their prices to the dealer,
or many of them will lose money on the
present limited margin of profit. In a
case which is so imperative it is hardly
wise to wait for one man to break; some
must do it, and if a dealer leaves a manu-
facturer who has advanced his prices, he
will find, as sure as fate, the man to whom
he goes, will, in turn, be forced to advance
as well.
We may as well view the situation in a
practical, common-sense light.
It does not pay to sell regular lines of
manufactured goods at less than it will
cost to duplicate them. The quicker we
adjust ourselves to the present conditions,
the better off we will be in a financial way.
There is every probability that prices for
raw material, and manufactured products
as well, will steadily advance. We have
not reached the high-water mark.
PIANOS FOR EXPORT.
T H E R E is now an evident desire on the
part of some piano manufacturers to
build pianos especially for export trade.
As has been frequently stated in The Re-
view, that is the only way in which our
manufacturers may hope to capture a goodly
portion of foreign trade. Instead of build-
ing pianos as we like them here for a
foreign trade, the wants of purchasers abroad
should first be ascertained, and then build
instruments accordingly.
We stated this years ago when The Re-
view representative was in Europe and in
the Spanish-American countries. In Latin-
America, German and English manufac-
turers, through their consular service obtain
correct views as to what those particular
countries desire, and instead of manufac-
turing such wares and other adjuncts of
life as used by Europeans they manufac-
tured after samples sent them by their
consuls. In this way they appeal directly
to the people of those countries, and they
have built up an enormous trade.
By not paying attention to these neces-
sary provisions is one of the chief reasons
why America has not gained a stronger
foothold in the countries which lie south of
us. We are gaining, however, and it will
only be a few years before American piano
manufacturers will pay more attention to
the especial needs of residents of other
countries. We have had the best of all
markets at our own door and have not paid
that care and attention to the outside trade
which the situation demands.
NO POSITION IMPREGNABLE.
T H E manufacturer who believes that he
has won an unassailable position in
that he has so thoroughly acquainted the
trade and the public with the name and
quality of his wares, so that they will con-
tinue to buy whether he advertises or not,
is approaching on dangerous ground.
Regular, persistent and consistent adver-
tising will raise a particular brand of goods
to an elevated position in the public mind,
but to fail to continue to use the columns
of the industrial and daily papers is to con-
tribute towards business desuetude. This
is a busy age, and no firm to-day, no mat-
ter what vantage ground they now occupy,
can afford to disregard the advantages of
publicity to be gained and held through
regular and legitimate channels.
It only requires the absence of an an-
nouncement of a certain brand of merchan-
dise from public mediums a short time be-
fore there is a marked depreciation in the
demand for those wares. A well-earned
reputation of an article may soon be for-
gotten. A case in point:
The conductors of one of the great soap
firms in America which has spent vast
sums in advertising their product thought
that if they dropped out of the public me-
diums a year that their sales would go on
multiplying.
Such was not the case. On the con-
trary, it seemed as if the business under-
pinning had dropped out from the sales
department, and the year following the
lapse of their advertising contracts they
were compelled to double their appropria-
tions in order to build their business up to
the point that it occupied when they de-
cided to discontinue advertising.
We may say that these same rules apply
to the artistic plane which many of our
leading firms are anxious to maintain in
pianodom. Take those institutions which
are particularly desirous of having their
names linked with all that is best in musi-
cal art. If they drop out of the musical
life of America a season by not having
their piano in evidence at important musi-
cal events, they soon feel the effect of this
in the sales department of the business.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
It is not what we have been, but what we
are to-day, and what we must be in the fu-
ture is dependent entirely upon our actions
in the living" present. "The great piano firms
whose names are intimately associated with
American musical art cannot afford to
slacken in the slightest their labors in keep-
ing their instruments constantly before
the best music patrons of the country. To
disregard the advantage won by failing to
follow it up is to sacrifice an asset far more
important than the expense involved in
maintaining and creating a still further
prominence for their product.
It is suicidal for any business concern,
however strong, or apparently enjoying an
advanced eminence, to stop advertising, or
to permit their wares to be withdrawn
from certain avenues where they have at-
tained great popularity as well as publicity.
Especially hurtful is this when a great
name, which in itself constitutes a valu-
able trade-mark, is considered. To ignore
these facts and let them slip away from re-
membrance is to destroy one of the chief
props of business.
A STENCIL SUGGESTION.
IT occurs to us that the manufacturers to-
day of reputable pianos who are''also
making instruments in their factory for
dealers will see that in the end this will
lead to business disintegration, not be-
cause there is an element of fraud injected
in the transaction, but for the simple
reason that the manufacturer after years
of labor will find that he has created no
stability whatever to his business. That
instead of having built a valuable trade
mark which is represented in his name,
he has buiti on sand, and that sand is
shifting at the whims of the dealer.
To illustrate: Suppose a manufacturer
in order to keep his wheels busy has ac-
cepted some orders, we will say, from live
different dealers to build a hundred pianos
each for them during the year. Every-
thing moves along steadily until another
manufacturer offers to reproduce the same
instruments for a five dollar note less. The
manufacturer has to meet this price or
quit, as there is no sentiment in the trans-
action. If he meets it, he cuts his profit.
If he doesn't meet it, instead of having a
following for his own instruments in the
respective localities, he has built nothing
substantial. His genuine instrument is
entirely unknown.
How much better it would have been to
have permitted the dealer's order to go by
and better to have impressed upon him the
advisability of selling instruments bearing
the manufacturer's brand. By adhering to
these principles it is the only way that a
manufacturer can build safely and on a
sure foundation, for on any other basis he
is at the mercy of the varying whims of
the dealer instead of creating a valuable
trade mark, which in itself constitutes a
strong asset to his business, he has built no
thing. A manufacturer can start in busi-
ness to-morrow and compete with a legiti-
mate stencil maker on the proposition of
getting the dealer's trade for pianos made
for them.
If manufacturers would look at this
stencil matter in this light, we believe that
there would be a material lessening of the
stencil product. To our minds it is the only
salvation of the manufacturer, that is, if
he wishes to create a property which will
be enduring.
REASONS WHY.
T H E piano trust idea has not gained
ground. One manufacturer remarked
the other day that " trusts which produce
staple articles may succeed with economy
and prudent management, although the
public to-day is rising against the trusts.
It is difficult to believe that a trust will
succeed in which there is a combination of
men who* engage in manufacturing mer-
chandise similar to pianos which are alike
in the main, but yet varied in point of
style, design and other particulars."
There is a good deal of truth in this, for
the manufacturer whose ingenious original-
ity, taste, or other form of ability, is great,
will not be content to see his fellow members
in the combination reap just as much as he
himself does from the exercise of his
higher mental and physical gifts. It is
doubtful if such a combination possesses
the cohesive force to keep together, parti-
cularly when subjected to the kind of com-
petition which would immediately spring
up in this trade.
accurately informed as to the announce-
ment of the department stores which have
added pianos to their list.
In Philadelphia there has been too an
appreciable diminution in the advertising
space used in the columns of the Philadel-
phia papers by the Wanamaker and Gimbel
establishments.
The advertising announcements, how-
ever, of the Philadelphia concerns, continue
to be attractive in make-up and dignified
in expression. There is a strong senti-
ment embodied in them which appeals di-
rectly to the cash purchaser, but there has
been not the slightest suggestion thus far
of cut prices in order to gain the cash pa-
tronage which all merchants are desirous
of obtaining.
To our minds, in order to attract a gen-
erous trade, department store advertising
must contain bargains, as the whole idea
of a department store as associated in the
public mind, rests upon the fundamental
principle of bargains. Remove the idea
that bargains are to be found in depart-
ment stores, and you remove a tremendous
percentage of their trade and if piano bar-
gains are aimounced, what then?
DOTS AND DASHES.
T R A D E paper advertising in order to be
effective, must be intelligently sup-
ported by active work on the part of the
manufacturer. By reason of non-support
a great deal of advertising fails of its re-
sults, because the advertiser expects too
much from a limited outlay of money in
advertising channels without supplement-
ing it by vigorous and intelligent assistance
Behind every trade advertisement there
should be a vitalizing effort to act in con-
junction with the advantage which the in-
dustrial publication is giving to the busi-
ness. A manufacturer who is hungry for
green fields and pastures new, should
bring to bear intelligent co-operation with
THE "D. C." SITUATION.
'"THERE has been a noticeable decline in his favorite trade publication.
the department store piano advertis-
ing in New York. A consultation of the T A K E up all the leading magazines and
advertising columns of the local press will
you are sure to find there in a promi-
demonstrate the proof of this statement. nent place the advertisement of Vose &
During the past week not one of all the Sons. Vose & Sons in this way, perhaps,
department stores has spent one penny for more than any other manufacturers have
piano advertising.
given intelligent assistance to their dealers
What are the deductions which we shall in every part of America. They have ex-
draw from this action on the part of the pended vast sums of money in advertising
for the home trade, all of which has
department stores?
The natural one is that they have not resulted in business, first to the local agent
found, thus far, that branch of the business and through him to Vose & Sons.
sufficiently responsive to warrant great
We have seen in our recent travels over
outlays at this particular juncture.
America numerous illustrations where
We are watching this movement care- dealers have named hundreds of inquiries
fully, and we shall refer to the matter each sent them by the famous Boston house in
week, so that the distant trade may be reply to their advertisements in the maga-

Download Page 4: PDF File | Image

Download Page 5 PDF File | Image

Future scanning projects are planned by the International Arcade Museum Library (IAML).

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.