Music Trade Review

Issue: 1903 Vol. 36 N. 8

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MY/SIC TftKDB
REVIEW
EDWARD
LYMAN
BILL,
J. B. S P I L L A N E , MANAGING EDITOR
THOS. CAMPBELL-COPELAND
WALDO E. LADD
GEO. B. KELLER
every section of America—to cause the slightest uneasiness as to
the quality as well as quantity of business for the year.
EMILIE FRANCES BAUER
GEO. W. QUER1PEL
A. J. NICKLIN
sion as a natural sequence to the exuberant conditions of the past
two years, can, after all, derive but little comfort from referring
to the slow business conditions which have generally prevailed thus
Entered at the New York Post Office as Second Class Matter.
NEW YORK, FEBRUARY 21, 1903.
TELEPHONE NUJ1BER, 1745-EIOHTEENTH STREET.
THE
ARTISTS'
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
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-
t e miNo
tions found on page 27 will be of great value as a reference for
OF PIANO
dealers and others.
MANUFACTURERS
There is no congestion of stock of any
nature in any section of the country.
' I "\HTS applies to the piano and to all other industries. And as long
*•
^ 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 n 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.
Those
who are apprehensively looking forward to a protracted depres-
far during the new year.
EDITOR AND PROPRIETOR.
EXECUTIVE STAFF :
in the situation as we view it—and we are in pretty close touch with
as manufactures of all kinds are being speedily absorbed and
accounted for, as long as the agricultural conditions of the coun-
try are in superb shape, there is every incentive to press on and
secure the largest business harvest possible in these times, exer-
cising, of course, a reasonable degree of caution at all times.
According to the views of some of the best posted men in the
industrial world, there will be a still further advance in prices in
the great staples—iron, steel, woods and wools.
inevitable.
They say this is
Yet when we look back a few months and note the
extraordinary advance in woods and metals alone, it would seem
as if the high water mark of prices had been reached.
P>ut those
best informed say no. In fact, one man has figured out an elab-
orate forecast showing that there will be an era of increasing prices
until 1908, after which a decline is prognosticated.
EDITORIAL
"\ A 7"E do not take much stock in these elaborate tables, or in the
A CRITICAL survey of the retail piano field furnishes the in-
•**
formation that trade for January and the first half of Feb-
ruary has been disappointing.
" *
utterances of these prophets.
We believe rather in using
our own powers of observation to determine as to possible clanger
in present conditions rather than reiving upon any figures showing
certain cycles of depression and exuberatioi; which are claimed by
Piano dealers have no hesitancy in admitting- that conditions
statisticians to exist in the business world.
have not been wholly to their liking.
There are numerous reasons for the existence of this state of
r
I MrlERE is, however, one disturbing spot upon the business hori-
•*
affairs.
Many people have held back from purchasing other than the
necessaries of life on account of the extraordinary high prices which
zon for the piano men, and should the cloud develop the
business atmosphere will be dimmed for a while before the clar-
ifying process begins.
We refer to the possibility of labor troubles.
have until recently prevailed for coal almost everywhere. People
It is well known
have not been inclined to purchase pianos when they were unable to
that there is a spirit of discontent prevailing in many factories and
procure a sufficient amount of fuel to heat their parlors, and in-
there are ominous signs which portend future trouble.
The position of piano manufacturers differs materially from
stances of this kind have been numerous all over America.
Again the condition of the roads, which have been impassable
in some parts of the country, has also acted as a setback to business.
In certain sections of the country epidemics have prevailed
which have depressed trade conditions, like in Indiana where the
existence of smallpox has caused a quarantine to be established at
a number of points in that State.
S
those of any other capitalists engaged in manufacturing enter-
prises.
HPHE conditions are different.
*
Piano manufacturers have to pay
an increased cost for everything which enters into their in-
struments. They have no option in this matter, and save in rare in-
stances they have not been able to secure the sufficient advance from
T. LOUIS has been the storm center recently of the wildest
the dealers to cover the increased cost of materials.
Now the matter of factory organization, and reduced cost by
kind of speculation which has swallowed up the savings of
Only last week while in that city a well-
the introduction of labor-saving machinery, does not begin to equal-
known piano man stated to us that the effect of the explosion of
ize the enormous leaps and bounds made in the prices of woods,
the speculative craze had a very serious effect upon the piano busi-
metals, and all staples which are used in the construction of pianos.
ness not only in St. Louis but in many other adjoining towns where
Therefore, if called upon to p a y still more for labor some
people lived who had deposited their earnings with the scheming
manufacturers tell us they had rather close their factories for an
brokers of St. Louis who promised them an easy road to riches.
indefinite period than to accede to any further demands in this direc-
thousands of people.
However, all this is purely on the surface and does not dis-
turb in the slightest the underlying conditions.
There is nothing
tion.
The labor leaders should look well before they make an-
other leap in the direction of exorbitant demands.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
S~\ UR attention has recently been called to communications sent
^-^
by the heads of departments of one piano manufacturing
'""THERE is no reasonable doubt but that the advantage of a one-
*
price system in the retail department of piano selling is more
concern to workmen in another factory offering them steady work
firmly fixed in the minds of the dealers than ever before.
For
at slightly increased wages over those that they are at present re-
many years we have consistently kept the advantage of this prin-
ceiving.
ciple in an argumentative way before our readers.
There is always a difficulty in establishing new manufacturing
The adoption of the one-price system will, after a while, be-
plants, remote from centers where the supply of labor is plentiful
come just as universal in piano selling as in other lines of mer-
and one of the chief difficulties is in securing the necessary number
chandising.
of skilled hands. The inclination is therefore strong to offer tempt-
established business landmarks, but the march of progress will re-
ing baits to those near by. The result of this, however, will natu-
move them.
rally be to create a spirit of resentment on the part of those whose
healthfulness of business conditions, and the one-price system means
employees received alluring notices.
in plain English, business honesty—that kind of honesty that will
They probably will retain
their men at advanced cost, even if they lose money by so doing.
Such methods have a tendency to disorganize existing con-
They cannot exist when they are a menace to the
help every piano man who adopts it because it will increase the
confidence of the public in his establishment.
Increase of confidence means increase of business, and that
ditions and to foment trouble between employers and employees.
It certainly does not seem fair or dignified for one manufacturer
For a while we may fight against the removal of old
means dollars.
to sow the seeds of discontent among the employees of another.
Of course—the one-price system will win.
HICAGOANS directly interested in the retailing of pianos
do not look with serious apprehension upon the advent of
\ \ THAT
^ ™
a wonderful transformation is taking place in piano
establishments all over America!
When we go back for
As
a decade and a half and compare the old, dark, unattractive rooms
a matter of fact there is no center in the United States, 01 in the
with the aesthetic establishments of to-day, the comparison at once
world, for that matter, which is such a vast retailing center as
shows that piano selling has kept pace with everything else.
the department store as a piano distributing factor in that city.
Within two blocks on Wabash avenue more pianos are
We know of some instances where men have refused to trans-
sold annually, many times over, than in any other district of sim-
form their establishments so that it should conform with modern
ilar area in the world.
conditions.
Chicago.
retailers.
Manufacturers in that city graduated from
One man in particular.
They not only have witnessed the growth of piano sell-
His entire place for years had a run-
ing from small inceptions, but they have played important parts
down effect, and its clientele was steadily lessened by this inatten-
in its development.
tion on his part to appearance and facilities.
They became great manufacturers, the larg-
est in point of output in the world, and they know their business.
It was an old name
and at one time commanded a prominent position.
It has recently
changed hands and now under its new management has been
HERE is not one point in the retailing of pianos which has been
T
overlooked by the virile, active, energetic men composing the
piano forces of Chicago.
They are well buttressed around with
strength of all kinds, including financial and all that goes with it.
They figure that they can meet the department store 'on the ques-
tion of prices, on the question of advertising, and in all other ways
of exploiting pianos.
brought to an up-to-date condition, which will result in bringing
about a vastly increased patronage.
it is to regain trade than it is to maintain it.
any line, but with all their conceded strength, will they be able
to prevent the leading department store men of that city from sell-
• of remodelling the premises is one which will stagger the ordinary
piano merchant, and a portion of the profits should be expended
every year in store betterment.
An attractive store draws an attractive trade, a desirable trade
—a trade that every up-to-date piano man is anxious to become
acquainted with.
OME of the recently erected piano factories will run a slight
ing pianos, provided they care to enter the ranks as active piano
risk of destruction by fire. The saving of expenses by a
retailers ?
A
S announced in last week's Review, the first real break has
been made, and the Rothschilds, a wealthy concern, have
secured a line of Eastern pianos, some of which are well known.
With a manager in charge who has had a long experience in both
reduction of insurance rates will be considerable, and the tendency
of the times is to reduce expenses in every possible way.
The outcome, of course, is problematical. It depends upon the
men and the institution.
We are inclined to the theory, however, that there will be
Buildings
that are practically fireproof naturally effect a material decrease in
running expenses.
Every piano factory which has been erected in recent years
the retail and wholesale fields in Chicago, and with ample capital
behind them, they certainly start off in a well equipped manner.
If the process of
deterioration is allowed to go on for a period of years, the cost
There is no question but that the piano men of the Western
metropolis can. measure lances successfully with business men in
But how much more difficult
has been on lines which have reduced the possibilities of destruction
by fire to a minimum.
POME
^
well-known local salesmen have suggested the idea of
forming an association composed of the active selling piano
more interest manifested in the department store as a piano dis-
forces in our city.
The scheme is good.
It has worked success-
tributing factor within the strictly trade circles should the announce-
fully in Philadelphia, and there is no reason why the piano men
ment be made that Marshall Field had decided to take on pianos with
of Gotham, who are a jolly, companionable set, should not get to-
a well-known brand as his leader.
gether for mutual advantages.
The- move should be encouraged.

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