Music Trade Review

Issue: 1903 Vol. 36 N. 16

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRRDE
REVIEW
EDWARD
LYMAN
BILL,
EDITOR AND PROPRIETOR.
J . B. S P I L L A N E , MANAGING EDITOR
EXECUTIVE STAFF :
THOS. CAMPBELL-COPELAND
QEO. B. KELLER
A. J. NICKLTN
EMILIE FRANCES BAUER
GEO. W. QUER1PEL
* Published Every Saturday at I Madison Avenue, New Y o r k . *
SUBSCRIPTION (including postage), United States, Mexico and Canada, $2.00 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 ; opposlt*
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, APRIL J8,1903.
TELEPHONE NliriBER. I745-EI0HTEENTH STREET.
TH E
On the first Saturday of each month The Review contains in its
ARTISTS'
"Artists'* Department" all the current musical news. This is
Mr-Mi- en * ec t e d without In any way trespassing on the size or service
DEPARTMENT of the trade section of the paper. Jt has a special circulation, and
therefore augments materially the value of The Review to advertisers.
DIRECTORY
The directory of piano manufacturing firms and corpora
nr PIANO
tlons found on page 27 will be of great value as a reference for
MANUFACTURERS ^ l e r s and others.
EDITORIAL
E frequently hear the expression as applied to especial
branches of manufacture "that is a trade secret." All
lines of business, especially those whose primary stages involve
assistance from the mechanical arts, have their trade secrets; their
place is in the administrative department, and although this com-
mercial arcanum is well guarded, important secrets occasionally
find egress through closed doors.
Jn common with other businesses depending upon the process
of uniting a number of articles purchased separately into a com-
plete whole, piano manufacturing is complicated.
It is an intricate process involving matters of detail which are
thoroughly vexing to a degree frequently, and subjected to a mul-
titude of capricious whims influenced by a variety of styles.
We could name some men to-day who have not as yet thor-
oughly solved the actual cost of production. We think the ques-
tion of cost is a hazy one, and they have been selling goods at
W
considerably less than some of their neighbors believe that it costs
them to produce.
Such work can only have one end. It is a question of length
of purse to stand the strain. There are many expenses, too, which
are involved in piano-making which do not figure in the material
and labor bills. There are continual expenses which frequently
bring the cost of piano-making up higher tban some figure upon.
The cost is still "a trade secret" with some.
OTWITHSTANDING all reports to the contrary it seems
that Macy proposes to rigidly adhere to the cash system in
selling pianos. In its advertisement this concern denounces the
instalment plan of piano selling as follows:
"The long-drawn, interminable, troublesome and extravagant
N
policy of instalment buying is a bane to thousands of homes. The
things secured in that way frequently develop into burdens instead
of pleasures.
"Broadly speaking, we advise no one to buy a piano until it.
can be paid for. Be its real owner when it is placed beneath your
roof."
Macy's advertised prices are from $124.96 to $174.98.
These are cash prices for Strauss pianos.
Now, it would be contrary to facts as borne out by piano his-
tory for any institution selling pianos regularly at those prices
and on a strictly cash basis to develop a great piano business.
As a matter of fact the people who can afford to pay cash will
invariably buy higher priced instruments, and it is only by selling
on the instalment plan that thousands of pianos are purchased by
people of moderate means, who are interested in what Macy terms
an "obsolete expediency."
W
HEN one sells pianos in a variety of grades it must be on
the instalment basis if a large volume of business is ex-
pected.
We do not know of an institution in this great big country of
ours which has developed a satisfactory business in the piano line
solely on the cash basis. While it pays to emphasize the importance
of cash, yet to confine piano retailing to strictly cash sales means a
contraction of business instead of expansion.
We do not believe in the dollar down and a dollar a week plan.
The class of people who will be attracted specially by such prices
are those who are more than liable to become delinquent in their
payments.
There is a department store in New York which has made a
specialty of that line of piano business for years, and it is said
that they have more than a half million of dollars locked up in time
sales of this character, and that it is the hardest kind of work to
secure anything approaching prompt payments from the line of
customers who have been attracted by their alluring announcements.
OWEVER, all of the advertising which the department stores
in New York have been doing has been, in a measure, help-
ful to the general piano business, for it has called the attention of
thousands of people to the necessity of owning pianos, and all of
these purchasers have not gravitated to the department stores.
They have rather sought in hundreds of cases the regular piano
H
warerooms.
The more pianos are talked of in public print, the better it is
for piano merchants everywhere, and all advertising which is done
on a large scale has a stimulating effect upon the local trade.
N'E dealer in referring to a recent editorial in The Review
urging dealers to give special attention to piano players,
writes: "I never realized what there was in the player business
until I gave it proper space, time and attention. Previous to that
I had handled them in what you term an indifferent manner, and
with indifferent results. Now, by specializing, I am doing a splen-
did business with the players."
There is no question regarding the monetary returns in hand-
ling piano players, and in order to make this a splendidly paying
department of the business it is necessary that special treatment
O
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
Music
THE
be accorded it.
Rooms must be fitted up for the display of the
*
to buy something about which they know nothing, and it is said
to-day that "undigested" industrials offered by Mr. Morgan, about
piano players, and specialists must be placed in charge.
P*)IANO players are helpful to the general piano business.
1
TRKDE REVIEW
They
stimulate interest in pianos, and people who are not players,
which no itemized statements appear in public print, run into fig-
ures that are positively staggering to the ordinary minds.
When
whose attention is properly drawn to them will become interested,
the steel trust sets such an example of publicity it might well be
and pianos which have hitherto been unused save by an occasional
emulated by lesser organizations, that is, if they are sound. Pub-
visitor are now called into daily service by some member of a non-
licity will grow in trust matters, and, moreover, they will be forced
piano playing family.
by public opinion as well as by law to show to the public itemized
This new factor in the industry is proving helpful in every
statements of their affairs.
way to the piano business, and if intelligently handled means splen-
IGHTY years of piano-making!
did direct returns to piano merchants.
There are few firms in the
old world that have covered such a span of time, and none
By all means do not overlook the advantage of piano players.
There are some excellent players on the market, and there are
in America save the house of Chickering, which has just celebrated
its eightieth anniversary.
• some coming on the stage all the time, but there are also a good
many dealers, and it is not at all times an easy thing to get just
What a marvelous change in the complexion of the industry
since the establishment of this famous old institution!
what is most desirable in the line of agencies for piano players.
Every dealer should look to it that lie has a proper representation
The anniversary exercises which occurred in Chickering Hall
in Boston are referred to elsewhere in this issue.
in this line.
A SUBSCRIBER asks: "Why is it there are no signed articles
**
n ) I A N O merchants in the West have reason for being jubilant
*
in The Review ?"
The newspaper which properly exercises its functions and
realizes its responsibilities is always impersonal and is impartial
This newspaper is a composite, the result of many minds work-
If each article were signed, this
common impersonality would be broken up.
The personality of
the editors of each of the various departments of the paper fuses
the work of the individual writers.
All copy for the paper must be edited so that certain uniform-
ities of treatment may be assured.
Like the instruments of an
orchestra, each does his own part, but all must be in tune.
In our
opinion it is better for the writers, as it is better for the paper,
to preserve the impersonal nature of its articles.
We are in the
world not to play star parts, but to co-operate and harmonize with
and to be helped by each other.
Everything now indicates the most enormous wheat yield which
this country has ever enjoyed.
The Government experts now figure a yield of 520,000,000
in a broad sense and judicial as well.
ing towards one common end.
over the rich promise which the future holds for them.
On a well ordered newspaper
this co-operation is reduced to an exact science, and each man,
bushels of that great staple. This, compared with the crop of last
year, which was 362,000,000, shows what a great excess this year
presents over that of 1902, and in fact over all previous years.
The high-water mark of production will be reached evidently this
year in the wheat-growing States.
Now, all this means much for the business interests of the
country, for the real prosperity of the nation depends upon its agri-
culture and mines.
With every assurance of such an enormous yield, and with
good prices, there is no reason for entertaining anything but the
most optimistic plans as to future business.
One can bank on wheat with a reasonable degree of certainty,
and the outlook for the piano business is in every respect pleasing.
though he may lose a little occasional glory, has his general level
N TO well-posted man can question the value of trade publications
raised by the success and standing of the journal with which he
*•
is connected.
Every one on The Review staff takes a pride in
in selecting trade publications should exercise the same discern-
producing good work and the work of all is fused in the paper
ment used in selecting stock, or materials of any kind which enter
which we are producing.
into his product.
NIE
O
as a useful adjunct to a manufacturing enterprise but a man
There are papers which have an extremely limited circulation
of America's greatest manufacturers remarked to The
Review this week:
"We thought that our business was of
considerable magnitude, and it is, but when I turned to the report
i \f the Steel Trust I realized how small we are in comparison with
Such publications are not entitled to
the consideration that reputable, cleanly, widely circulated publi-
cations should receive.
There is just as much difference between
trade publications as there is between individuals, and our ener-
that gigantic aggregation."
True; and the annual statement made by this greatest of all
the world's organizations, to our minds, reflects direct credit upon
President Roosevelt, who strenuously urged publicity for the trusts.
Now, the Steel Trust comes squarely out with the clean-cut
statement of its affairs.
and often less influence.
That is the kind of publicity which is
gies have been bent upon the development of an enterprise which
should command the support of the trade on account of the value
which it renders.
HE "Reliance" was launched last week, and while the yacht-
T
ing enthusiasts have their new "Reliance," we have our "Old
only approached by one other great American organization, and
Reliable," which has won in many a hard fought piano contest, and
that is the Pennsylvania Railroad.
All other industrial organ-
it is as tenacious of life as when it began to score victories. The
izations which are desirous of selling stock to the public make
"Old Reliable" Steck will be an active factor when the "new Re-
no such public statement of their affairs.
liance" shall have become but a memory.
The people are asked

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