Music Trade Review

Issue: 1900 Vol. 31 N. 13

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
ufacturing and jobbing trade and is mani- have only now visited this section and
fest in the handling of the retail trade by who have failed hitherto to keep in
the wholesalers. Healthy conservatism in touch with the wonderful development—
credits has become a necessity to the exis- the rapid transformation of this land of
tence of the dealer, and the wise ones h#ve romance and mystery, from a wilderness
TWENTY-SECOND YEAR.
long since taken heed of this view of into a land that is now sprinkled with tow-
Jt jt jk E D W A R D L Y M A N B I L L J* J* <*
things. They know pretty nearly where ering cities and musical with the busy hum
Editor and Proprietor. .
their money is coming from and when of men.
PUBLISHED EVERY SATURDAY
they are going to get it, or the instruments
It pays a piano man, whether at the head
3 East Nth St., New York
or the junior member of a firm, to travel—
SUBSCRIPTION (including postage). United States, Mexico remain in their stores. All this is right
and Canada, $2.00 per year ; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
and
proper.
to come into close touch with dealers all
insertion. On quarterly or yearly contracts a special discount
is allowed. Advertising Pages $50.00, opposite reading matter
over the country. Travel broadens the
$75.00.
THE "NEW" WEST.
REMITTANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
mind, it takes the rough corners off pre-
Entered at the New York Post Office as Second Class Matter. \ 1 7 R I T E R S continue to enthuse, and
judices and is a mighty good thing viewed
with good reason, over the growth
NEW YORK, SEPT. 29, 1900.
from any standpoint.
of the "new South."
TELEPHONE NUMBER, 1745-EIOHTEENTH STREET.
It is regrettable that so few manufacturers
T H E KEYNOTE.
The supplanting of the old regime in
come in contact with dealers directly. There
The first week of each month The Review
that section by a new life—that of indus-
contains a supplement embodying the literary
are reasons for this, of course. The direc-
and musical features which have heretofore
try, thrift and progress—is truly a glor-
appeared in The Keynote. The amalgamation
tion of affairs at the factory or office occu-
is effected without in any way trespassing on
ious chapter in the story of the nation's
our regular news service. The Review con-
pies considerable, if not all their time; yet
tinues to remain, as before, essentially a trade
development.
we think it would be a paying investment
paper.
But what of the "new West? "
to set aside a couple of months each year
CLOSER ATTENTION TO CREDITS.
For the West of the frontiersmen, the
and make a trip to the Pacific Coast, and
A SIGNIFICANT and encouraging fea- cowboy and other picturesque types are no
learn what a fine body of men compose the
ture of the situation in the music more—in fact there is no longer any West
retail music trade of the West, and what a
trade field to-day is the close and careful except in point of geography.
great people and a great country they are
consideration given the matter of credits.
The West is the same as the East in its
catering to.
It was practically but a few years ago that mercantile and industjial capacity, in its
And travel is just as beneficial and as
the greatest laxity prevailed. Men with banks, its stores, its schools, in its appre-
important to the dealer as to the manu-
little capita], or with no capital at all, men ciation of art products such as high grade
facturer. A more frequent intercourse
without any experience and even men des- pianos—in its possession of all the appli-
with the large cities and the headquarters
titute of character were given lines of ances of modern civilization, and in some
of the establishments whose instruments
credit that reflected more to the trust re- respects it even excels the older and
they handle cannot fail to be educating
posed in fellow men than it did to com- staider settlements of the East.
and helpful in their business. The pro-
mon sense.
These remarks are born of the experi-
gressive dealer to-day is the man who stud-
Failures then were common enough, and ences of a member of the music trade who
ies to set aside sufficient time once or
so were breaches of trust and so long as recently explored this vast section of our
twice a year to stock up, not only his store
profits were large the same liberality of great country, and who, accordingly, is a
with instruments, but his mind with ideas,
credits and the same taking of foolish com- much wiser man regarding the resources
and these are best secured by travel.
mercial risks continued. With the cost and possibilities of the far West. He has
of piano production increasing and the learned, and he descants on the knowledge
GET TALKED ABOUT.
margin of profits growing beautifully less with enthusiasm, that not merely in the T R A D E papers are oftentimes criticised
all the time a reaction has taken place.
older states, but in Montana, Idaho and in
on the grounds that "they talk about
The condition of the majority of con- Washington, business is conducted on even certain firms more than they do about
cerns is now carefully scanned bet ore credit a more advanced and progressive plane others." This is true, only because cer-
is given. The man with the doubtful credit than in many states on the Atlantic sea- tain firms are constantly doing things
was in former times given the benefit of board. That the merchants who deal in which get them talked about. They are
the doubt, and the goods were sold and pianos and other musical accessories continually evolving ideas which are so
shipped. Now, the manufacturer or jobber in the principal cities there are novel or broad-gauged that they deserve
gives himself the benefit of the doubt and just as keen about the necessity of to be held up for the admiration of other
leaves his instruments in the factory or in beautiful interiors, suitable display win- merchants, or so striking and attractive
the warehouse until a better opportunity is dows, intelligent advertising, attractive that they become important from the
fixtures and other essentials requisite to a
offered.
amount of publicity bestowed on them.
sympathetic
environment for a display of
Credits are sensitive and are growing
Through these ideas such firms succeed in
still more so. It doesn't take much nowa- musical instruments, as their brethren in obtaining a large amount of advertising of
days to upset one's financial equilibrium, any one of the thirteen original common- the very best kind. The money value of
particularly when such heresies as the sil- wealths. And they give equal attention such ideas is self-evident; therefore the
ver question are making headway in the to buying, and although the distance is moral—it is not only well to spend money in
presidential campaign under the guise of vast they manage to visit the New York advertising, but it is a good thing to invent
market oftentimes more frequently than
other issues.
ways of advertising that will force the at-
those
whose abodes are located considera-
All of which is prefatory to the argu-
tention of the public, or your direct con-
ment that it is a mighty good time for bly nearer the second greatest city of the stituency, on your firm and your wares.
dealers to take the best care of their indi- world.
The utilization of ideas in your business
vidual credit. A policy of financial con-
Yes, this is a "new" West—an unknown pays.
servatism prevails. It is felt by the man- land to those who, like our friend,
One of our progressive piano men, in
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
chatting with The Review a few days ago,
The ONLY music TRADE paper which even one year ago, matters little; it is w
received
any award at the Paris Exposi- you do to-day that counts.
defined advertising as "making public
tion
of
1900
was The ilusic Trade Review
what you wish others to know," and the
which was given the GRAND PRIX, the
definition is not a bad one. It means in
THE OUTLOOK IN THE SOUTH.
HIGHEST official recognition obtainable
substance: Keep the public talking about for any exhibit in any division of art, me- NTOTWITHSTANDING the terrible ca-
you, what you are doing, and what you chanics or industry.
tastrophe at Galveston, which has
have to sell. Ben Butler once said he that outlined by the University of New cast such a gloom over the State of Texas,
would rather people would talk mean York is not only a recognition of the fact the fall season in the South opens with
about him than say nothing about him.
that the commercial field of the United every prospect of a period of prosperity.
We hardly agree with his conclusion, States has broadened out and the condi- Cotton has reached a high figure and few
yet it strikes us that a business man who tions of modern business have become farmers can fail to realize large profits on
goes along quietly in the even tenor of his vast and complex, but it demonstrates that their crop. Like their brethren in Kansas,
way and says nothing himself, and has no highly trained, specially educated men are they will be paying off their mortgages,
one else saying anything about him, might needed to deal with these problems.
buying pianos by the thousand, and en-
as well be out of business. Such a man is
The country and the world are coming joying themselves as only can hard work-
a nonentity and is simply wasting money to understand more completely that a tech- ing people who are able to lay aside a
and time in the enterprise which he is con- nical education for the man who desires share of their earnings for luxuries.
ducting.
The spirit of the South, as illustrated in
to enter on a business career is as impera-
tive to the complete and highest success Galveston, is one of courage and of prog-
BUSINESS AND EDUCATION.
HTHE important move chronicled in last of his life as is the technical education of ress. The work of restoration and recu-
peration has been undertaken in a manner
week's Review, that the University the lawyer, preacher, or doctor.
The powers of business are now being that calls for the highest praise. It is
of New York has decided to at once estab-
lish a school devoted to the higher com- recognized not alone by the New York typical of the new, revitalized, progressive
mercial education of the young men of the University, but great seats of learning all South of to-day.
There is a fine future in the piano busi-
country, is of great significance. This over the country are inaugurating courses
ness
in the South. The prospects there
school will differ from any others estab- bearing on a commercial and technical ed-
lished, inasmuch as its entire instruction is ucation—all tending to demonstrate that are growing better every day. The peo-
intended to be professional in character, the business is a profession, and a much ple of that section are realizing that the
and designed not merely to fit young men greater profession than one hurriedly con- soil is as fertile as any other section of the
to become wage-earners as bookkeepers, siders, because actual experience is more United States and are reaping due results,
clerks, etc., but it is intended to equip essential for success in this field than in while its enterprising sons, with the aid of
northern capital, are enabling the South to
them with the power to become leaders in any of the professions.
Success in any business to-day, whether become a great factor in the manufacturing
the commercial and financial worlds, to
grasp the details of great business enter- selling pianos or dry goods, is not a matter resources of the country. The South is all
prises, and to carry them to a successful of luck or good location, or the line of right.
goods handled,but it depends very largely, r^ONCERT-GOERS who consider tech-
issue.
There is no mistaking that the building if not wholly, upon the men behind it. If ^ ^ nique as the nc plus ultra of the pian-
of a business, no matter how humble, is no they possess average ability, are thorough- ists' art will be interested in the informa-
longer a matter of chance or luck. It calls ly alive to the requirements of the times, tion that a Mr. Neale, a resident of Leeds,
for an intelligent comprehension of condi- and act accordingly, they invariably win. Eng., who has been associated with the
tions and a knowledge of how to battle Meanwhile,in every town and city through- invention of flying effects for stage pur-
with and master them. The wide gulf out the country one can come across piano poses, has, after experiments extended over
which existed in the years agone between dealers who complain about poor business, four years, completed an electrical ma-
business and the so-called professions is that times are hard and that they cannot chine which can be attached to a piano
disappearing fast. Business to-day is a make money or headway, yet, on the next with the result that it will register extem-
profession. To attain a complete success street to them another piano dealer can be pore compositions up to something like
in the business field requires many years found who is not only doing business and two thousand notes a minute. Whew !
of experience and hard work and as much increasing his trade all the time, but put- This is enough to dishearten would-be
technical training, as much study, as it ting profits in the bank.
Rosenthals who devote years to study.
The reason for this anomalous condition
does in law, in medicine, or in science.
This, of course, does not apply to dabblers, ot affairs is not far to seek. It can be dis- T H E trade situation this week in both
retail and wholesale fields is decidedly
but to men who are known as successful. covered by talking with the men running
The old-time scorn which the great ma- both establishments and in the diametri- encouraging, if not entirely satisfactory.
jority of those in the professional field cally opposite methods adopted by each. Retail trade at the majority of warerooms
were wont to cast upon business men no The successful man is in touch with the has shown up surprisingly well, and there
longer exists, and when it did exist it was times, keeps a good line of goods, believes is manifest a strong demand for high-
born of ignorance and misunderstanding. in advertising and gets close to the public. priced pianos. This is revealed in the fact
The world would be in a sad plight with- The other, the complaining man, is so taken that on Tuesday of this week ten pianos
out the professional man and it would be up with his troubles that he is waiting for were sold at retail at the Steinway ware-
in a yet sadder plight without the business the public to come to him. This dealer rooms. The people are fast getting settled
man, for it is an accepted truism that it will continue to wait, for the purchasing in their homes and, as a consequence, there
is on business and trade that the world public is not acquainted with him. The is also a big call on the rental stock depart-
mere fact of having spent quite some ment at every wareroom visited by The
exists.
The establishment of a school such as money in advertising five or ten years, or Review this week.

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