Music Trade Review

Issue: 1901 Vol. 32 N. 6

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
TWENTY-SECOND YEAR.
EDWARD LYMAN BILL,
EDITOR AND PROPRIETOR.
J . B. S P I L L A N E , MANAGING EDITOR.
EMILIE
FRANCES
BAUER,
EDITOR ARTIST 1 B DIPT.
Executive Staff :
THOS. CAMPBELL-COPELAND
WALDO E. LADD
GEO. W. QUERIPEL
A. J. NICKLIN
PnDlished Every fttmfty at 3 East 14th Street, New Yorfc
SUBSCRIPTION (including postage), United States, Mexico
and Canada,$2.oo per year ; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special discount
is allowed. Advertising Pages $50.00, opposite reading matter
$75.00.
REMITTANCES, in other than currency form, should be
made payable to Edward Lyman Bill.
Entered at the New York Post Office as Second Class Matter.
NEW YORK, FEB. 9, 1901.
TELEPHONE NUMBER, 1745—EIQHTEENTH STREET.
On the first Saturday of each month The
Review contains in its "Artists Department"
all the current musical news. This is effected
without in any way trespassing on the size or
service of the trade section of the paper. It has
a special circulation, and therefore augments
materially the value of The Review to adver-
tisers.
should have the forethought and good judg-
ment to demand and receive a just and
fair benefit from the increased purchasing
power of the people.
Instruments should be put upon a proper
price basis, but the wise ones say this is
impossible, owing to keen competition.
Be this as it may, the manufacturer who
sells without an adequate profit on his in-
vestment is not conducting business on
legitimate lines, whether he makes ten or
sixty pianos a week.
The abuses in the matter of price sched-
ules should be remedied now if at all. Un-
less manufacturers take the trouble to
very carefully calculate the increased cost
which results from the higher prices they
are paying for nearly everything entering
into pianos, they may soon be actually
selling instruments at less profit than they
secured before the present prosperous
times overtook them.
This subject is one that merits the clos-
est consideration.
cure the confidence of the consumer at
home. They establish the reputation of
being up-to-date. Many merchants have
not been to market in years. To do so
this season is a duty each merchant owes
to himself."
HOW IS JT GOING TO END?
T H O U G H earlier economists, judged
from their writings, never appear to
have foreseen what our later economists
now say was inevitable as the result of
trade evolution, it is fixed beyond contro-
versy that the whole trend of our indus-
trial development is toward the concentra-
tion in trusts of an absolute monopoly.
Legislation has failed to check their devel-
opment and the best efforts of opposing
legal authority, notably in the case against
the National Biscuit Co., brought in Ohio,
resulted in a victory for the trust. The
Standard Oil Co. has flourished like a green
bay tree through all attempts at adverse
legislation, lawsuits and legislative investi-
gation.
Whether correct, or only partially so,
there is a popular impression that these
trusts have not only regulated prices in
the varied commodities which they control,
but handled legislators and, in exceptional
instances, courts themselves. More than
this, they have been very largely respon-
sible for discrimination in freight rates
against smaller producers, the immense
shipments of trusts leading railroads to
consult them before fixing schedules, and
then making them to the liking of the
monopolies.
To do away with this very manifest
THE TRADE OUTLOOK.
GET IN TOUCH.
T^HE present period of the year is in- T H E R E are undoubtedly hundreds of
variably a dull one in wholesale and
dealers in this industry to-day who
retail circles. When compared, however, have never visited the factories where the
with previous years, the second month of instruments which they represent are made,
the new century opens up with business or who have never become acquainted with
conditions fairly satisfactory. The lull the personalities who have built up these
during the early weeks of January has institutions and with whom they have cor-
been replaced by a steady onward move- responded and correspond week after
ment and demand which indicates a good week.
volume of trade from now until the ac- These are the men who should take ad-
cession of King Torridity.
vantage of the special railroad rates se-
Perhaps the most significant indication cured by the Merchants Association and
of the expectations of manufacturers for referred to elsewhere in The Review, so as
x
the year is the enlargements of factory to get in toiich with the trade by visiting injustice there has been a strenuous effort 1
facilities reported from East and West. piano centers, such as New York for in- to give a larger grant of power to the in-
Each and all are evidently looking forward stance. Even if dealers fail to buy pianos terstate commerce commission so that it
to a year that will exceed 1900 in volume they will get a mental invigorating worth may enforce an equitable freight rate in
of business and profit.
double the cost of the journey. They will the interest of those who are without the
While the industry may congratulate it- not only add to their storehouse of knowl- influence of enormous wealth and a cor-
self upon present conditions and upon the edge, but when they arrive home they will responding volume of freight.
prospects of the immediate future, the sit- let the impression go forth through the
But a counter movement appears to have
uation is not without its dangers. In local paper that they got hold of some suddenly developed. It went quietly on
some quarters there is apparent a failure really clever things.
without attracting public attention until
to recognize that the cost of producing
In this connection the circular recently the open coup by which J. Pierpont Mor-
goods to-day as compared with a few years sent out by the Merchants' Association gan gained control of coal shipment from
ago, is much higher. As a member of the covers these points somewhat pertinently. the great base of supplies. The vital fact
trade said to us this week: ' 'The increases "It is to the interest of every merchant to in connection with this was that he also
that have thus far been made in the whole- go to market and get in touch with new controlled the bulk of the coal output. He
sale selling prices of pianos have not been methods of doing business established by could pay himself three dollars a ton for
sufficient to cover the increased cost, if the the large houses, especially those of the carrying coal, and his competitors would
cost be computed upon the basis of the retail trade. No merchant can hope to have to meet the rate. This simply means,
present figures that must be paid for labor, maintain and retain a successful trade un- as the Detroit Free Press well says, that he
materials and supplies."
less he keeps abreast of the times. New can crush them at will, and his more re-
The general statement at the close of ideas and radical changes of methods are cent purchases indicate an intent to extend
last year was: "Yes, we did a good busi- seen in the New York market every sea- his monopoly of transportation.
ness, but our profits were considerably son. When the merchants of the smaller
It does not tax credulity to believe that
smaller than other years." This complaint towns and villages visit market they not the money of trusts is behind the great
should not obtain at the close of 1901, and only secure new styles with which to make deal recently reported, for it would give
manufacturers, be they great or humble, their stocks more attractive, but they se- them the control of rates from ocean to
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
ocean and even of the carrying trade to work, and a shut-down and laying off of
and from the Orient by the Pacific route. hands meant a great loss to the owners
They will have no connecting links with and men. It was suggested to send over
which to deal and can work the Morgan to a neighboring factory, which employed
scheme to perfection. It is not even wildly an engineer who was considered No. i in
imaginary that Mr. Carnegie is being looked his line, and ask him to come over and
after in this sudden grouping of controlling locate the trouble. He did so, and, asking
railroad property. His threat to fight com- for a heavy hammer, struck the pump a
petition in the steel and iron business by sharp blow over the valves—and the pump
establishing works at Conneaut, has put started right off about its business. The
the opposition to thinking. If they can con- valves had simply stuck, and the blow
trol their own roads, manufacture their jarred them loose. With the thanks of the
own steel and iron, and go through the firm and a request to send in his little bill
farce of changing money from one pocket for services, Mr. Engineer returned to his
to another while charging high rates for own quarters. Not long after that he sent
shipment over Carnegie's outlets to his in a bill, which read: • For fixing pump,
trade, it is not far-sighted to see his 50 cents; for knowing how, $50.' And it
was paid.
finish.
Now, if our friend, the draughtsman
If it should eventually develop that the
same capital owns the railroads and the in- will send a revised bill worded like that of
dustrial trusts, gaining control of produc- the engineer, we feel confident the manu-
tion as well as transportation, and placing facturer will "see the point" and will glad-
itself in an easy position to strangle all ly send a check for the amount asked.
competition, the advocates of the govern-
CHARACTER AS AN ASSET.
ment ownership of railroads will have a
' ' IV\ ^ R A k character and strict honesty
backing far beyond any they have yet en-
in all things great and small stand
listed.
paramount to all other business assets.
KNOWING HOW.
Next in importance is business ability."
T H E value of knowing how to do a thing
These words, uttered by one of our lead-
is not always estimated' at its true ing merchants, convey a great truth that
worth. A matter which was brought to should be self-evident notwithstanding the
our notice quite recently demonstrates this. fact that week after week disreputable
A piano manufacturer desirous of bring- practices come to light in the trade. Busi-
ing out some new styles had two scales ness to-day is not to be won by sharp
drawn for him. When an instrument with practices, over-reaching and deception, but
one of the new scales was completed, it is rather the prize of perseverance, fair
was found that the tone was quite uneven dealing and straightforwardness, coupled,
and the ordinary corps of regulators and of course, with ability.
tuners could not smooth out the difficulty
The fact that there are notable excep-
—in other words the scale was faulty.
tions to this rule in the trade—and manu-
The manufacturer was incensed. He facturers and dealers unfortunately come
called upon the party who drew the scale across them every day—does not in any
to remedy the defects and considerable way invalidate the general truth of the
time was spent endeavoring to do so, but statement. It is not alone in school books
without much success. He thereupon ap- that "honesty is the best policy," it is the
pealed to a gentleman whose skill as a law in every-day business. Experience
draughtsman is of national celebrity, and has shown that it is short-sighted to mis-
in what may be termed a few moments represent goods, that it pays better to fur-
this gentleman explained how the defect nish good quality than poor, and that a
could be remedied. The suggestion proved good name in business is a tangible and
to be the correct solution of the difficulty. permanent asset.
Later this expert draughtsman sent a
Of course the standard of commercial
bill for rather a fat sum to the manufac- honesty has not been attained, but it must
turer who considers it extravagent and out be admitted it has been slowly but surely
of all proportion to the time and labor in- rising for years and that it will hold its
volved. One of the parties interested has own in comparison with most of the stand-
appealed to The Review for an opinion as ards of other callings.
to the justice of the charge. Before giv-
Every day we find a wider recognition
ing it, it may be well to tell a story:
of the fact that business is mostly trading
The boiler feed pump of a large fac- in human nature; that every successful
tory not a thousand miles from New York concern has been remarkable for the per-
suddenly refused to work recently, and the sonality of the men who compose it, and
regular engineer in charge could not locate that discipline, organization and system
the trouble. The mill was crowded with have been merely the expression of these
men. Analyzing this, we find that senti-
ment is an element of success and that the
best efforts of employer and employees are
the result of encouragement and enthusi-
asm.
It follows, therefore, as an inevitable
corollary, that fair treatment of those who
work with you and for you is the surest
road to success. It is the foundation stone
of progress.
PUBLICITY AND~ITS RESULTS.
of the secrets of good advertising
is to combine productiveness with
economy, and the difficulty—a crucial one
—is to just find out what kind of advertis-
ing produces results and what does not.
Much of the advertising used in the daily
papers is not conceived along profitable
lines. The "piano for $100" idea is being
worked to death, as is the coupling of the
names of the leading manufacturers with
instruments "at a bargain."
The reading public must be fed on a
new diet, and the diet must be something
original if results are expected.
In catalogue making there has been a
notable improvement during recent years.
There exists a better comprehension of the
value of this form of publicity, as well as
an endeavor to keep in touch with the
progress of the times and the advance of
the industry.
At the present time, however, booklets
seem to be in the greatest favor. They
are produced in the most original styles,
lavish use being made of fine half tones,
new kinds of type, special headings and
borders and other accessories to good print-
ing, and the mere fact that so many are
produced at so high a cost is proof that
this form of advertising pays.
Such publications are undoubtedly a
safe investment, and the impression cre-
ated by good paper, dainty type and good
press work as compared with the cheap,
poor work and still poorer paper, insures
the payment of a big interest on the extra
cost incurred in production.
Again, such publications stand forth
virtually as representatives of the house
issuing them. They create in the minds
of the recipients a conception favorable or
unfavorable of the establishment, its make
up and its methods, and too much study
and work cannot be devoted to get this
conception right.
The "cheap" ideas put forth in the word-
ing of retail advertisements may be com-
pared to cheap catalogues or booklets.
The results are the same. The reader is
not prone to be impressed and it is like
throwing away money. This important
point is too often overlooked.
Good advertising, no matter what it

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