Music Trade Review

Issue: 1901 Vol. 33 N. 21

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
TWENTY-THIRD YEAR.
KEMW
EDWARD LYMAN BILL,
EVITOR AND PROPRIETOR.
J.
B. S P I L L A N E , MANAGING EDITOR.
•' THOS. CAMPBELL-COPELAND
\ EMILIE FRANCIS BAUER
Executive Staff: •< WALDO E. LADD
j GEO. W. QUERIPEL
{ A. J. NICKLTN
H U M ETery SatnrflaT at 3 MlifiTstreet, New Yort,
SUBSCRIPTION (including postage\ United States,
Mexico ai"1 Canada, #2.00 per year: all other countries,
$4.00.

ADVERTISEnENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a Hpecinldis-
count is allowed. Advertising Pages $50.00 ; opposite
reading matter, $75.00.
REniTTANCES, in other than currency form, should be
made payable to Edward Lymun Bill.
Entered at the New York Post Office as Second Class Matter.
NEW YORK, NOV. 23, 1901.
TELEPHONE NUMBER, 1745-E1QHTEENTH STREET.
^ n the first Saturday of each month
ARTISTS*
The Review contains in its "Artists' De-
AHTIITI
partment" all the current musical news.
DEPARTMENT This is effected without in any way tres-
passing 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 advertisers.
T n e
DIRECTORY OF
directory of piano manufac-
PIANO
turing firms and corporations found
MANUFACTURERS on page 24 will be of great value as
a reference for dealers and others.
EDITORIAL
A SHORT SERMON.
A
NUMBER of deal-
ers have expressed
themselves as delighted
with The Review sug-
gestions which have ap-
peared from time to time as to wide-awake
methods in retailing.
When a paper suggests that which is of
advantage to its readers it is doing good,
and if a little plain talk every week in the
editorial columns of The Review sets men to
thinking, then we mean to keep it up, for the
competitive fight is on in dead earnest, and
the battle will be waged with unflagging
zeal until the holiday season shall have closed.
It means a lively time for the piano mer-
chant. It means a time of watchfulness;
a time of thought; of quick, alert work for
the chief and for every employee in his in-
stitution.
Your eye, Mr. Piano Merchant, must be
everywhere; but don't gloat over the figures
at night, and cajole yourself into a comfort-
able frame of mind because sales are fairly
large. There are other things to watch be-
sides selling. You must know that the sales
are well made. You must know that the
pianos are placed among good people where
they will stay. There must be plenty of sales,
for the clays have long passed to which Theo-
dore Pfafflin referred in last week's Review,
where six pianos was a big week's work for
a piano store, so big that the proprietor
wanted to shake him for the drinks at the end
of the week.
Some practical sug-
gestions to piano men
—Make sales that stick
—Keep quality above
price—The advantage
of advertising— Bright
wareroom spots.
7VtVSIC TRKDE
REVIEW
To-day we have piano establishments moved wholly as a basis of argument, then
which have disposed of as high as three thou- the very heart would be cut out of the busi-
sand pianos a year at retail. The pianos ness.
must not only be sold to the right people,
He says that the dealers' interests, too,
but a keen eye must be kept on the cash would suffer largely, and that the standing
sales, and a strong argument used to pro- of a piano and the price obtained in the
mote that end of the business as much as manner in which the piano is handled, and
possible. Live advertising will keep the peo- that if once the impression is disseminated
ple familiarized with your stock, and will that the favorite makes have been discon-
double the number of your sales between tinued or that their makers have been ab-
this and Jan. ist. It is a good time now to sorbed in the trust maelstrom, then that
utilize to the fullest extent the selling capac- sentimental value which naturally clings to
ity of your store. If pianos won't sell in one a certain product, would be wholly de-
part of the house, display them to better ad- stroyed.
vantage in another part. Get up some spe-
To sum up, he makes a most able and
cial features and decorative effects.
logical argument showing the destructive
We know of some men who have more tendencies of the trust were this industry
than doubled their business during the past ever to become absorbed by a piano trust.
year simply by warerooming their pianos in But read the article; it contains much that
up-to-date style.
will interest and is worthy of the closest
Make the dark spots in your warerooms consideration.
bright spots.
MEN WHO THINKOFOTHERS.
Convert the dark corners into beautiful
' T H E R E are few men
Does the accumula-
little attractive places where people will de-
tion of riches mean
indeed who can
the development of
light to linger.
selfishness ?—S o m e
devote all of their en-
Don't forget one thing, however,—to keep
men who think other-
wise — Piano m e n
ergies and interests to
the quality standard well in the foreground.
whose bequests have
been generous.
the accumulation of dol-
Let the other fellow talk price, but you talk
lars
without
the
risk
of developing selfish-
quality, and you will be farther ahead at the
end of the year, and, what is better still, will ness. Selfishness has not, however, been
stay there. The piano man who talks qual- a prominent characteristic of rich Ameri-
ity is building up a reputation for his store cans. We may truly say that this country
has produced remarkable men in every way,
that will last.
and not only have our noted men accumu-
THE PRIZE TRUST ARTICLE.
lated vast fortunes, but, like Alexander o t
C VERY manufactur- old, they have made money like kings and
The piano trust ar-
ticle—Some convinc-
er, piano dealer they have given away like kings. The lives
ing arguments made
by the prize winner—
and salesman should of men who are considerate of others, and
A trust would destroy
present standards—A
read the prize article who try to make the world better and broad-
salesman's arguments
which appears in an- en the condition of men, are worthy of emula-
removed.
other portion of the paper, upon the subject: tion—they leave footprints on the sands
"What Would be the Effect of a Piano of time, so that others not only shall take
Trust Upon the Industry?'
heart, but shall be assisted over rough places
In these days of great business combin- by the shining example before them.
ations and vast aggregations of capital the
Unfortunately there are men to whom the
subject possesses more than ordinary inter- accumulation of money means the crushing
est, and the article which won The Review out of generous instincts and self becomes
prize of $25.00 should be carefully perused, the one dominant and absorbing part of their
because it contains many logical arguments, make-up. It is seldom that we have a man
showing the demoralizing effect of a trust who, like Andrew Carnegie, says two art-
upon music trade affairs.
ists of the world, Shakespeare and Wag-
The prize winner argues convincingly ner, are worth more than all the millions
that the value of a piano name and reputa- which he possesses, and that without their
tion would immediately deteriorate after the works life would be a barren waste; and
condensing process really commenced. He Mr. Carnegie is a very rich man, for, not-
figures that quality would be sacrificed im- withstanding all his great benevolence, his
mediately after the formation of a trust, income is greater than he can spend. He
and that labor troubles rather than being made his way to wealth by prodigious cease-
overcome would be more in evidence than less labor, and he is author of the statement
to-day. He advances the theory that a that it is a crime for a man to die rich, and
piano business is not altogether sustained he is following out his belief bv giving
by the law of supply and demand. That away princely sums of money and enriching
the demand has to be created, and that if the country by providing means of advance-
special points made by a salesman were re- ment for young and ambitious men. Mr.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE 7VTUSIO TRKDE
REVIEW
Carnegie will leave a name which will en- conditions, there have been comparatively
Trade Journalism
dure through the centuries and more peo- few failures within the past two or three
was complimented by the jury of
awards at the PAN-AMERICAN
ple will bless his name every year in days years. Business is run on a sounder basis.
exposition, by the awarding of
to come, but, best of all, his life will have Of course, there are sporadic cases of fail-
a diploma to
furnished an inspiration to other rich men ure here and there, but piano manufacturers
THE REVIEW
exercise greater care in the granting of cred-
to do something to elevate mankind.
in the latter place, and then they will have
It was in Boston recently that an old blind its than heretofore.
a keener realization of the methods applied
piano tuner died and disposed of his fru- The trusting of musical merchandise
by these merchants who preside over what
gal savings of a lifetime, so that thousands to-day is handled along much more conserv-
we term in the vernacular, a department
of school children will be benefited by the ative lines than formerly.
store, but what is in reality a colossal organ-
The question has been asked, Why will
few dollars which he had saved. There was
ization of a series of stores under one man-
a man trust another for a larger sum in mer-
no selfishness in the heart of such a man.
agement, where correct business methods and
Recently a very wealthy manufactur- chandise than he would be willing to loan principles are applied to each department,
er died, and it was stated some time pre- in money.
and the environments are made as attractive
The reason seems to be that in trusting and interesting as human ingenuity can de-
vious to his death that he would found a
library, provide for its maintenance and out his merchandise the creditor views his vise for patrons of the stores.
make a number of other public bequests debtor as a sort of trustee—an agent in a
The subjoined comes from a dealer who is
which would benefit the town in which he certain sense—in this particular, however,
typical of the class who have not yet com-
had won a million and a half of money. that the debtor has title to the goods instead
prehended the methods which some of the
When his will was filed it was shown that of holding them in trust, and from which,
mercantile chiefs have applied to the exploi-
not only did he forget to do this, but there through careful, judicious handling on the
tation of pianos:
was not the slightest reference made in his part of the agent, the chances for larger
Pomfret, Conn., Nov. 15, 1901.
will to his trusted aides and business asso- business and future profitable transactions Editor, The Review:
ciates who for twenty years had stood improve with a liberal extension of credit;
It seems to me that the piano business is
shoulder to shoulder with him, bearing the while in lending money itself a new element going to pieces and those fellows who run
department stores and sell pianos with
brunt of the battle, helping him to win a of risk enters into the transaction—that of ploughs, washing machines, corsets and gar-
vast sum of money. These men were all the borrower's ability to judiciously and prof- den seeds are contributing to the general
forgotten, and as far as the closing chap- itably re-convert the medium of exchange ruin. People talk about "handling" pianos;
those fellows do "handle" pianos like they
ters of the life of this man are concerned, into that which will realize a profit necessary do a lot of sheep shears. Who ever heard
there is nothing particularly inspiring to to pay a risk equivalent for the use of the of a merchant speaking of "handling" a
picture of one of the great masters? I, for
the youth or to anyone who does not admire money and a profit to the user besides.
one, think the piano business has reached a
selfishness.
A dealer may be able to put out pianos at most deplorable condition when it is "han-
dled" by such a class of merchants. This
How different the will of that great piano a good profit, but the same man could not placing pianos alongside of a new-fangled
maker, Theodore Steinway, whose estate invest dollars that would pay a fair per cent. washing machine seems to me a little less
than sacrilegious, because I was taught to
was valued at something less than a mil-
A COMPETITION NOTUNDERSTOOD. believe it an art industry.
lion. To the corporation of Steinway &
Yours truly,
Jacob Bowles.
G R E A T many
Some piano men do
Sons he left his letters patent, his draw-
Could our friend have been this week at
not appreciate depart-
p i a n o merchants
ment store competi-
ings and scales. All of his family were gen-
A m e r i c a a musicale given by John Wanamaker in
tion—A visit to the throughout
erously remembered, but more than that,
great trade
marts
have
a
wholly
incorrect his art gallery, which, by the way, adjoins
would prove a revela-
there were substantial sums to museums, to
tion.
idea as to what depart- the piano rooms, he would have been vastly
different societies, to churches, and a large
ment store competition really is, and the entertained by a musical treat of sufficient
sum to the poor of his native city. Even
sooner the atmosphere becomes clarified for importance to attract leading people of New
his old servant received several thousand
them, the better it will be, for they are labor- York, who crowded the art gallery. Could
dollars.
ing under misapprehensions which should he, after the close of the entertainment, have
It is said that the real monument which be removed. They associate the modern de- sauntered through the magnificent series of
a man leaves is the memory of him which partment store with an environment of cheap- rooms in which a superb and well-assorted
survives in the shape of noble deeds, but ness in everything.
stock of pianos were exhibited and environed
when rich men die and leave no recognition
The particular class to which we allude in the most aesthetic taste and coloring, stock
behind of those who have been faithful to
seem to cherish the belief that pianos and which begins with Chickering and tapers off
them in sunshine and shadow, no recogni-
musical instruments are bunched together at the Campbell, he would have been amazed.
tion of a duty to humanity, there is not very
in a sort of an incoherent mass and ticketed Just about that time he would have been will-
much to cause one to cherish the memory
with four-eleven-forty-four figures and that ing to have admitted that pianos are "han-
of such men.
immature clerks point to them with exceeding dled" in pretty good form in John Wana-
indifference, and that there is a sort of a go- maker's establishment. Could he have talked
BUSINESS CONDITIONS CHEERY.
[\1EVER since the pi- as-you-please manner about the whole show. with the talented chief of the department
Satisfactory condi-
tions in both depart-
ano industry took They seem to think that the inside of pianos and the members of his well-organized staff,
ments of the industry
—Business on a sound
distinct rank has it been are used as storage reservoirs for boots and he would have concluded about that time that
basis—Difference be-
tween loaning cash
as at the present time. shoes or bric-a-brac, or any old thing that they weren't "pins and needles" fellows after
a n d merchandise—
Prospects excellent.
in as good condition may be convenient to store away for future all. And just here he would gaze around
with wonder to see where the ploughs and
Both the manufacturing and retail depart- use.
stoves
and other things come in.
To such men we should say, visit such es-
ments of the business are in healthful state.
In other words, just about this time he
Men have been more careful in the grant- tablishments as John Wanamaker's in New
would
be willing to admit that his fine-spun
York
and
Philadelphia,
and
GimbeJ
Bros,
ing of credits, and as a result of the general
A

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