Music Trade Review

Issue: 1903 Vol. 37 N. 25

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
6
THE MUSIC TRADE
REVIEW
The one price system to all has become a principle which has
been adopted by mercantile organizations throughout the land. The
greater the house, the more unalterably fixed the sound principle of
one price.
The lesser men have gradually fallen into line with
methods adopted by the greater and more prominent houses.
The one price system is not only business honesty, but it is busi-
EDWARD LYMAN DILL,
Editor and Proprietor.
J. D. SPILLANE, Managing Editor.
system to adopt for the regular piano dealer.
EXECVT1VE STAFF:
THOS. CAMPBELL-COPKLAND,
A. EDMUND HANSON,
GEO. B. KELLER,
A. J. NICKLIN,
BOSTON OFFICE :
W.. MURDOCH LIND, 694 Tremont St.
GEO.
ness common sense, and from a purely selfish standpoint is the best
EMILIE FRANCKS BAUER
W. QUERIPKL.
CHICAOO OFFICE:
E. P . VAN HARLINGEN, 36 La Salle St,
PHILADELPHIA OFFICE : R. W. KAUFFMAN.
A
PTANO salesman who belonged to an organization wherein
no rigidity of price existed became a convert of the one price
system.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at the Nezv York Post Office as Second Class Matter.
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; opposite reading
matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
On the first Saturday of each month The Review contains in its
THE ARTISTS' "Artists' Department" all the current musical news. This is effected
without in any way trespassing on the size or service of the trade
DEPARTMENT section of the paper. It has a special circulation, and therefore aug-
ments materially the value of The Review to advertisers.
The directory of piano manufacturing firms and corporations
found o n
age:
« wU1 b e o f g r e a t v a l u e a s a r e f e r e n <* f o r
MTMIISTTHJI-JV
MANUFACTURERS
dealers and P others.
LONG DISTANCE TELEPHONE-NUMBER I745-EIGHTEENTH STREET.
The manager who was reared in a different atmosphere
one day called him severely to task for permitting a customer to go
out when he could have closed the deal had he offered the instrument
at a reduced price. The salesman's honesty, however, impressed the
customer, and two hours later he came back and told him that he
had visited the various piano houses on the street, and while he could
secure an instrument which seemed to him a bargain, because it was
offered at much less than the original asking price, yet he had no
confidence in the instrument or in the concern that offered to slash
its prices so readily.
NEW YORR, DECEMBER 19, 19O3.
ALESMEN should hold to one price, and the house bv which
they are employed should have the power to withstand the
temptation to cut the price when the customer walks away.
EDITORIAL
It may be truthfully stated that the concerns which have adopted
one price, and are steadily adhering to it, conduct their business on
I T was some years ago when The Review began the first systematic
more satisfactory lines than is possible under the old system of elastic

prices.
advocacy of a one price system at retail for pianos. We sup-
plemented our editorial work by offering a cash prize for the best
"One price and one price to all" is the business slogan in
the piano world which will win.
argumentative article on the one price system and by this plan
brought out a number of excellent compositions.
Our work along
these lines was further supported by obtaining expressions of opin-
'"T~ S HE banquet given by the Chicago Music Trade Association
*
last Tuesday night in the Auditorium Hotel in that city was
ion from hundreds of dealers throughout the country whose views
perhaps as exclusive a trade affair as any previous banquet ever
were presented in the columns of this publication.
given under the auspices of piano men. The music trade has plenty
This was the beginning of the campaign in favor of the adop-
tion of one price.
For a while the matter did not meet with the hearty approval
of the trade, although some prominent houses had previously
of good talkers—men who have practical ideas on topics which in-
terest all who are engaged in manufacturing or retailing musical
wares.
With the talent which we have in our own industry, it is
hardly necessary to go outside to secure good speakers.
adopted the one price system with satisfactory results.
HP* HEN later the manufacturers' and dealers' associations in joint
*
convention recommended the adoption of the one price sys-
'"T~ S HERE is everywhere a tendency to concentration.
^
It is ap-
parent in almost every line of trade, and the small merchant
tem. So the work has steadily progressed until within the past year
naturally feels more seriously as time rolls on the effect of this
there has been a remarkable change of opinion regarding the ben-
steady centralization.
efits which may accrue to the dealer who stands firmly to his post
said that there is a greater percentage of piano merchants added
as far as price is concerned.
yearly to the number in this country than there is in any other
Undoubtedly the publicity which this subject has received and
the arguments which have been made in favor of its adoption have
had material effect in bringing about a change of opinion regarding
the adoption of this important business essential.
UT a trade paper, a mercantile organization, or an individual
cannot justly claim credit for bringing about this change of
Notwithstanding this condition it may be
mercantile line.
This fact alone supports the statement that the small piano man
has a better chance against the larger concerns in his own line than
has the small dry goods merchant compared with his great com-
petitors. People do not ordinarily go to shop for pianos in the same
way that they do for the alluring bargains which are so cleverly
presented in the columns of the daily papers.
They usually make
opinion. While each one may have been helpful yet the entire busi-
inquiries and investigate the piano subject more thoroughly than
ness world is gravitating towards the adoption of correct methods
any other, before making purchases.
in commercial transactions. We cannot stay the march of progress
opportunity to do outside work, and bring personal influence to bear
if we would.
upon various intending piano purchasers.
This gives the small man an
So, while many say the
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
day of the small man is doomed in everything, it does not apply
with the same force in the retail piano field. The small man will
cut his expenses down, and at the end of the year clean up a larger
income than perhaps he could obtain as a salaried man in any other
line.
T EADING piano player manufacturers have exploited their
*""* product in a large way in the columns of the leading maga-
zines during the year. They have recognized the benefits resulting
from a systematic campaign of publicity, and they have gone into
the matter in no half-hearted way. The dealers. are receiving a
benefit from all this splendid publicity.
Through the systematic campaign carried on, piano players are
talked of in thousands of homes and the clever presentation of
their merits in great advertising mediums is steadily creating pos-
sible customers everywhere.
A PAPER usually succeeds according to the value which it puts
forth. That is what advertisers and subscribers most desire,
and the journal basing its claims for patronage on the ground of
quantity and quality is working along lines which are consistent and
sound. Attacks upon such a paper, no matter by what motives in-
spired, are harmless as long as the supporters are receiving a splendid
equivalent for their dollars invested. And it is because The Re-
view has been giving to its clients in each department of the paper
a satisfactory return, that the business of the paper has shown a
surprising growth. The silly attacks upon The Review have not
aided it as some assert. This paper has gone steadily ahead be-
cause we have given to advertiser and subscriber the largest return
for the dollar placed with us. By a systematically organized busi-
ness and by the loyal support of a competent staff we have been
able to present values which have been interesting. If it were not
so, 1902 would not have marked the high water mark in Review
business.
'TpHERE are some people who believe that the whole aim of a
*
newspaper should be to reform the world, and there are many
people who believe that the aim of a trade newspaper should be to
reform the particular industry of which it is the exponent.
That may be all right from the ideal standpoint, but this is a
practical age and the people who are always yearning for the ideal
newspaper will never find it any more than they will find the ideal
lawyer," merchant or banker. The trouble is that newspapers, like
all other affairs in this world have to be conducted by people who
are human, with the average of faults and limitations, and the best
that one can do is to come as near his ideal as possible under existing
conditions.
It is the duty, however, of a trade newspaper not only to present
the news with faithful accuracy but to expose practices and condemn
methods which are detrimental to the best interests of the trade.
'HpO-DAY the most successful newspapers are the ones which
*
present the greatest amount of truthful news. Lies never
flourish long in any community and every time a trade newspaper
misrepresents a man or institution it injures itself quite as much as
it hurts the other party. And for the most selfish reason on earth,
self interest, it behooves a newspaper to be accurate and truthful.
The men in this industry are exercising keener judgment than
ever before in their estimation of the various trade papers. It isn't
so much what the different representatives have to say concerning
their own or other publications that count—it is the values which
are put forth weekly by the various publications.
*"T"*HERE has been a steady betterment in the lines of retail ad-
*
vertising methods. Leading piano merchants realize more
than ever the necessity of drawing the attention of the public to their
wares in a clever manner. The best results, as we study out the ad-
vertising field, have been obtained by dealers who have specialized
in their advertisements. By that we mean giving prominence daily
to some particular brand of pianos, either high grade, medium or
"popular priced."
Much more satisfactory results have been obtained from this
form of advertising than in the old way when the various lines were
all grouped together in one advertisement. By emphasizing the
merits of a particular piano and taking each one in turn is a better
way than the old system.
A RGUMENTS based solely on price do not cut as important
*• *• \ a figure as they did a few years ago. Price and price alone
was the key which had unlocked the citadel of the piano merchant's
heart. To-day we hear more about quality and less about price.
The quality standard is a good banner to raise and to fight under.
The piano man who stands on the vantage ground of quality will
win, because the people are becoming better judges of piano values
and the desire is more and more obvious on the part of the public
to become the owners of good pianos. It is well to place special
emphasis on quality and cash.
w
E are nearing the time for annual stock-taking, and stock-
taking in the retail piano line is not a difficult task. Nor
does it disclose as a rule many disagreeable features in connection
with stock on hand, for, where merchants in other lines have a good
deal of merchandise on hand which is out of date, and which should
be inventoried at reduced figures, the stock of the piano man is al-
ways worth its face value, provided it is purchased at the right
figure.
There is no stock which is out of date and unseasonable, and the
piano merchant who has bought right, will find that his stock on
hand on January 1 need suffer no depreciation by inventory.
'HE personality of Alfred Dolge is always interesting, and the
life of this man would read like a romance. He was the
pioneer piano felt manufacturer and of sounding boards as well, and
he built up under tremendous obstacles a series of great industrial
plants in the Dolgeville of New York, and now in far away Cali-
fornia there is being reared a new Dolgeville under the guidance
of the master mind of Dolge.
T
'HE decision handed down last Saturday by Judge Holdom, of
Chicago, imposing a fine of $1,000 on the corporate body
known as the Franklin Union, No. 4 Press Feeders, marks not only
a precedent but a decision of great moment in the warfare now so
general between labor and capital. This ruling was the outcome of
the Union being found guilty of contempt of court for violating an
injunction restraining it as an organization from interfering with
the business of employes of ten printing firms. In handing down
his decision, Judge Holdom uttered some vigorous words in. denun-
ciation of the methods practiced by the Franklin Union.
T

Download Page 6: PDF File | Image

Download Page 7 PDF File | Image

Future scanning projects are planned by the International Arcade Museum Library (IAML).

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.