Music Trade Review

Issue: 1899 Vol. 29 N. 18

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
TWENTY-FIRST YEAR.
• EDWARD LYMAN BILL*
Editor and Proprietor
PUBLISHED EVERY SATURDAY
3 East 14th St., New York
SUBSCRIPTION (including postage), United States,
Mexico and Canada, $2.00 per year; all other countries,
$3.00.
ADVERTISErtENTS, $2.00 per Inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
count is allowed. Advertising Pages $50.00, opposite read-
ing matter $75.00.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
Entered at the 2Vew York Post Office o» Second Class Matter.
NEW YORK, OCTOBER 28, 1899.
TELEPHONE NUMBER,
1745--E1OHTEENTH STREET
THE KEYNOTE.
The first week of each month, The Review will
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.
FREIGHTS AND PIANOS.
T H E news this week that the transporta-
. tion interests of the country are taking
steps to share in the benefits of advancing
prices means that another item will have
to be added to the many which have in-
creased the cost of pianos this season. The
Trunk lines have decided on a substantial
advance in their tariffs, and it now appears
that the officials of the Western roads are
at work on apian involving a readjustment
of tariffs throughout the West and North-
west. It is claimed that the existing rates
are too low, and were made, in fact, when
concessions were necessary in order to help
merchants and manufacturers.
During the past year there has been a
general appreciation in all lines and with
it an enlarged demand for transportation
facilities, so much so that there has been
a veritable car famine in all parts of the
country. Commenting on the situation
Bradstreet's says: " I n any other depart-
ment of business this would certainly re-
sult in an advance of rates. The repre-
sentatives of the carriers who urge such
views take the ground that they do not
wish to make or enforce abnormally high
rates. It is recognized that such action,
apart from the tendency it would have
to restrict general business, would be in-
judicious. What they, therefore, claim
is that rates should be readjusted upon an
equitable basis, or, to adopt a phrase which
was formerly heard in connection with the
railroad problem, that charges should be
made to a greater extent in accordance
with what the traffic can bear under the
present favorable conditions."
Whether the Western roads, now left
without any permanent association or gov-
erning body which could even partially
reconcile their divergent interests, will suc-
ceed in the attempt to secure higher rates
is questionable. The movement, however,
will stand watching.
Freights are an important item in all
departments of our industry, and concern
manufacturer and dealer alike. Higher
rates for transportation added to the in-
creased cost in the manufacture of pianos
and other products, due to the rise in the
price of raw materials, will tend still further
to augment prices. Dealers must govern
themselves accordingly.
QUESTIONABLE METHODS.
'"THE methods of advertising and selling
in the retail trade in leading cities,
are at present exciting no little notoriety.
Judging from the ways and means which
some dealers have adopted for developing
their business, they have apparently let
some of the old homely truths escape them.
The utilization of certain "tricks" in
trade may be considered clever, although
not allowable. Their palliation has un-
fortunately led many dealers to think that
success in these end-of-the-century days
means a breaking away from all that has
guided successful merchants in the past.
So it does, but not in the light in which
they view it. They proceed upon the
hypothesis that so and so, having made a
success by preaching one thing and practis-
ing another, it would be safe for them to
do likewise. The speciousness of this
reasoning is evident the moment it is
analyzed. Lincoln's trite but famous epi-
gram is pertinent hereto: "You may fool
all of the people part of the time, and some
of the people all the time, but you can't
fool all of the people all of the time."
Truth is the only reliable foundation on
which a successful business can be erected
and run permanently. A trade can, of
course, be worked up by persistent lying,
and in such a cosmopolitan country as
America, perhaps more successfully than
in most others. Fortunes, no doubt, are
made every year by the bold-faced, indis-
criminate advertising of lies. This, how-
ever, does not disprove the statement that
truth "wins out" in the end. The firm
who adopt the plan of misrepresentation
and falsehood in their advertising may
prosper for a time, but are they not build-
ing a reputation that is bound to collapse
sooner or later?
This preaching is not inspired by any
moral consideration of the circumstances.
It is based broadly upon business princi-
ples. The dealer can be as original, as
unique, even as erratic as he choses in his
methods of advertising; he can use large
type or small type, cuts or no cuts, but he
must be honest. Let not dishonesty be
mistaken for enterprise.
The dealer who in any way violates his
word—and his public announcements are
regarded as such—is evidently not in busi-
ness to stay. His methods are not of the
staying kind. They cannot win.
A WORLD POWER IN TRADE.
'"THE attention which American manufac-
turers, even in our own industry, are
now giving to the matter of export trade
continues to occasion much anxiety abroad,
and some surprise is manifested at the re-
cent demonstrations of the capacity of
American industrial establishments to meet
foreign wants promptly, and on an unlimit-
ed scale.
Current progress in industrial and me-
chanical development in this country has
evidently been largely underestimated or
unknown to our friends in Europe. Up
to a comparatively recent date it was
thought that the work of laying out farms,
railways and cities kept Americans too busy
to devote any time to capturing the mar-
kets of the world. For the last two years,
more particularly since the Spanish-Amer-
ican war, American enterprise, so well ex-
emplified in export trade, has been brought
so forcibly to the notice of all nations that
America is now recognized as a world pow-
er, and the policy of "expansion" in com-
merce, if not in politics, is recognized as
having come to stay.
This is emphasized by the fact that des-
pite the wide prosperity now prevailing in
all branches of trade in this country, and
which is keeping our factories busy night
and day, American manufacturers are not
neglecting the foreign markets, and this is
best evidenced in the remarkable volume
of exports of manufactured commodities
which is running in excess of previous year.
How manufacturers view this aspect
of the situation is revealed in the follow-
ing expressions of a member of the Nat-
ional Association of Manufacturers, recent-
ly returned from a foreign trip, who says:
"In spite of the difficulty we experience in
filling orders and the very large advance
in the cost of material I am losing no op-
portunity to strengthen and increase my
foreign business. I am leaving no stone
unturned to find a new customer, for I know
that there is sure to be a reaction and a de-
pression after our present period of pros-
perity. My foreign trade was of value
during the last period of depression, and if
I let it go now it will be beyond reach
when hard times come upon us again.
Those who are neglecting foreign trade be-
cause they are so busy at home are follow-
ing a short-sighted policy."
Another manufacturer, who has a large
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
foreign trade, says: ' 'Although I am far
behind in deliveries on home orders, I am
paying just as much attention to foreign
trade as ever. I mean to retain my foreign
trade even at a loss, for that will be per-
manent and continuous, while my home
trade will surely suffer from reaction and
depression after the present boom."
These are two illustrations of the proper
view of foreign trade under the present
conditions. Unfortunately, however, too
few of our manufacturers take such a
rational view of the situation. There is a
prevailing tendency to neglect foreign busi-
ness for the time being with the idea that
it can be taken up again when wanted. No
greater mistake could be made, for foreign
trade can only be regained by a slow and
tedious process. When most needed, dur-
ing times of depression at home, it will be
beyond reach.
There may be reasons why any given
concern should confine its energies at home,
instead of seeking an export trade. The
immense population here and its large con-
suming capacity are growing all the while,
and promise for a long time to come to of-
fer a wider market than can possibly exist
for us abroad. Still it is desirable that we
should not only retain the export trade
which we possess already but add to it
whenever possible. In order to do this it
will be necessary to pay close attention to
all competitors, taking care not to under-
rate the progress in development of the
newer markets of the world, and thereby
permit other nations to capture those mar-
kets, to our own exclusion.
We must not depend for knowledge of
conditions in those remote countries upon
the authorities of former years; their prog-
ress needs to be studied every day. There
are people looking for trade opportunities
who are as anxious to get into every new
market that may be opened anywhere on
the globe as land grabbers have been to lo-
cate claims in our own Western States
whenever another Indian reservation was
thrown open to white settlers. We cannot
afford to be indifferent to whoever may be
first in a new field, with the idea that we
are certain to get a foothold there in due
time anyway.
ONLY SUPREME FOR A TIME.
I T is interesting in view of a certain sim-
ilarity existing between the bicycle and
music trade industries to note how the
smaller manufacturers and dealers are
fighting the- bicycle trust. Interesting
because it affords an idea of the modus
operandi which would probably be adopted
if a piano trust, taking in the larger houses,
of course, were ever to become an estab-
lished fact.
The apprehension that a bicycle trust
would monopolize the business and fix pri-
ces to suit itself, seems to obtain no longer.
Representatives of the independent con-
cerns met in Buffalo recently and organized
an immense corporation or business ma-
chine in opposition to the trust in which
over two-hundred-and-fifty manufacturers
are represented and back of which are all
the dealers of the country.
The present trend of events demon-
strates after all that a combination or trust
can only remain supreme for a certain time,
allowing even that it is not inherently weak
by over-capitalization and thereby likely in
time to go to pieces of its own accord.
There are always competent captains of in-
dustry and enough idle capital to enter up-
on a competitive warfare.
We refer to the developments in the bi-
cycle industry because they point the way
to the course which smaller manufacturers
would adopt were a piano trust ever to ma-
terialize. With the aid of the dealers and
salesmen and these great factors, public
opinion and public sympathy, the smaller
manufacturers, banded together, would be-
come a greater power than is imagined at
first thought.
" CHEAPNESS » ON THE WANE.
A GRATIFYING phase of the country's
prosperity is evident in the revulsion
of opinion going steadily on among pur-
chasers all over the country regarding the
more reliable and better classes of mer-
chandize. The popularity of " cheapness"
is on the wane, and many houses who have
felt like catering to this demand are find-
ing it profitable to turn their attention to
better wares. The reports being made by
traveling men all over the country amply
confirm this view of the situation.
To every dealer we would say: "Sell
the best goods you can "—it is a good all-
round slogan to use this fall and hence-
forth. Of course, circumstances must alter
cases, but still the maxim holds good.
Every dealer can be a committee of one
striving to lead his trade and his custom-
ers upward, hence salesmen should be in-
structed not to push cheap goods. They
sell themselves fast enough. Every time
a customer is sold something better than
he or she intended to buy, a clever thing
is accomplished and the standard of the
house is elevated. It frequently takes far
less time and persuasive power to sell a
piano at $350 or $450 than it does at $149.-
99. With the latter a purchaser cannot be
pleased, in fact people are never pleased
with "cheap" instruments, even though
they be at a gift price.
Dealers can, if they will, be a power in
their day and generation. In their busi-
ness "upward and onward" should be the
motto, always trying to cultivate better
and still better things, but by no means
despising the day of the small or the impor-
tance of the little.
Heroic efforts should be made to break
away from low level goods, methods and
habits. The incessant cry of "cheap" this
and "cheap" that seems to be the sole aim
of some houses. Every dealer can make
his house celebrated for the honesty of its
goods, the truth of its newspaper state-
ments, always mindful to give the public a
shade better than is advertised.
Success along these lines is inevitable.
It marks a line of demarcation between the
high level of integrity and the lower plane
of disappointing and misleading methods
of exaggeration.
OUR PREMIUM OFFER.
""THE success of our premium offer of a
Dewey watch to Review subscribers
has exceeded expectations. Dealers,man-
ufacturers and salesmen have eagerly av-
ailed themselves of an opportunity of se-
curing one of the most interesting and use-
ful souvenirs of the Spanish-American war,
and better still have placed themselves on
record as subscribers to this publication.
Our arrangement with the manufacturers
of these watches expired Oct. 14th, but
we have been enabled to secure a sufficient
number to enable us to keep our offer open
for a few more weeks. All who have not
yet availed themselves of this offer, should
do so at the very earliest moment. Re-
member that five dollars secures The Re-
view for one year and a watch which,
apart from its historic value, is a time-
keeper of undoubted merit.
THE TRADE SITUATION.
CXCEPTIONAL activity has marked the
past week in all departments of whole-
sale and retail trade. Indeed it is a good
many years since trade has shown such
activity, or promises such generous re-
wards for the season as a whole. With
many manufacturers business has reached
a point where it is really impossible for
them to accept additional orders with any
certainty of filling them on a given date
Retail trade in New York is in many in-
stances sporadic. On Fifth Avenue, houses
within a few doors of each other differ in
their reports of trade, one.being unusually
busy; the other with a week's total below
the average. All agree however that not
perhaps for the past ten years has their
been such activity in rentals. Almost any-
thing in the shape of a piano can be rented
these days and at fair prices too. Sales
for cash are also another agreeable feature
of the situation. The outlook taken all in
all may be considered a cheering- one.

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