Music Trade Review

Issue: 1903 Vol. 37 N. 7

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
8
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN
BILL,
EDITOR AND PROPRIETOR.
J. B. S P I L L A N E
MANAGING EDITOR.
EXECUTIVE STAFF :
THOS. CAMPBELI^COPELAND
OEO. B. KEIAiER
W. MURDOCH LIND
A. EDMUND HANSON.
EMILIE FRANCES BAUER
GEO. W. QUER1PEL
A. J. NICKLIN
Published Every Saturday at I Madison Avenue, New York.
SUBSCRIPTION (Including postage), United States, Mexico and Canada, f 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.
• Entered at the New York Post Office as Second Class Matter.
NEW YORK, AUGUST J5, J903*
TELEPHONE NUflBER, 1745-EIQHTEENTH STREET.
TH C
On the first Saturday of each month The Review contains In Its
ARTISTS'
"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. It has a special circulation, and
therefore augments materially the value of The Review to advertisers.
DIRECTORY
The directory of piano manufacturing firms and corpora-
tlons found on page 31 will be of great value as a reference for
d
l
d
t
h
EDITORIAL
XT OTWITHSTANDING the ruin and devastation which has re-
*• ^ cently taken place in Wall street through the demoralizing
break in stocks, general business has moved along serenely.
As long as the unsettled conditions prevail in the great stock
markets of the world it is natural that there will be an air of nerv-
ousness and precaution in the business field, but the events of the
past few weeks have demonstrated pretty clearly that the business
interests of the country have advanced to a point where they are
not immediately staggered by any collapses which occur in the
stocks.
The agricultural interests of the country are gigantic and
promise to yield a bountiful harvest in all lines.
S far as this industry is directly concerned, the outlook is most
encouraging for both manufacturers and dealers. While
recently chatting with Edmund C. Wanckel, one of the directors of
The American Felt Co., he took occasion to remark that the great
factories at Dolgeville had never been busier during the summer
months than at the present time. There was no slowing up of or-
ders, in fact the usual summer decline had not been in evidence this
year, and that as far as he could determine, the future was full of
confidence.
Mr. Wanckel's opinions are of exceeding value, for he occu-
pies a position which affords him an insight into the inner business
conditions, not only of this industry, but of the entire country.
Furthermore, he has been intimately associated with financial mat-
ters for many years and brings to bear a trained and logical mind
upon the analysis of any situation which is brought before him.
Perhaps it may be said of him that he tends a trifle toward con-
servatism rather than to optimism. The opinions of Mr. Wanckel
A
REVIEW
and the fact that the great producing factories with which he is
connected have been so busy during the summer months emphasizes
the healthful condition of the piano industry.
'"T" HE future of the small grand is indeed promising and there
*
is no question but that it will play an important part in piano
business of the future. A number of the manufacturers will
have grands of the smaller pattern upon the market for the Fall
trade. The demand for this style of instruments will continue to
grow until manufacturers who are to-day confining their attention
exclusively to uprights will be forced into making grand pianos
after the small pattern. Manufacturers even now are planning to
reorganize special departments for the creation of this style of in-
struments. They realize that in order to turn out the small grands
at a profit, they must make them in increased quantities, and to do
that satisfactorily they must have as systematically arranged de-
partments as for other piano creations.
H P HE small grand has come so much into vogue that we have
*
adopted the word "small" to designate it in place of the
appellation "Baby Grand," which has been in use for so many
years. "Baby" is not a proper name for a small grand piano, and
the matter of names will be somewhat difficult to select to desig-
nate the product of any particular manufacturer. Chickering &
Sons struck a very popular title for their creations, in the "Quarter
Grand," and there, too, by the way, is a beautiful, alliterative
phrase, "The Pease Petite Grand," but almost any name is better
than the obsolete and clumsy phrase "Baby Grand." But while
there may be a dearth of fitting names we never will reach a time
when it will be in good form to introduce such ridiculous ideas re-
garding names for special products as prevail in some industries.
The limit has been reached by the food makers. The breakfast
food family is getting so complex that it is pretty difficult to de-
termine whether Weneeda Shredded Wheat or a Baylahay.
OHN V. STEGER gave utterance to a clear-cut truth when
he said: "I wish to point out the value of absolute truth-
fulness in word and deed. The actual, tangible cash value of
character as an asset is beyond computation. A reputation for
ability and energy, coupled with strict honor, will pull a man
through many business troubles, short of a general calamity." Now,
there is something that young men can paste in their hats and read
with profit almost any time when they have an idle moment; it is
good food and digestible at that.
J
IANO men are more than ever seeing the necessity of a com-
plete system in every part of their business. Chatting re-
cently with one of the most successful manufacturers upon the
subject of system, he said: "We keep a most comprehensive record
of every department of this business, so that when the reports reach
me I am able to boil down the business for each year into records
not covering a larger space than a single page of a small note-
book," and even after producing this book and emphasizing some
special features, the manufacturer discussed each department in
a manner which told how accurately he was in touch with the entire
machinery of his business.
P
There is no mistaking the fact that men in all lines of business
are waking up to the fact that system is an absolute essential to
success.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE: MUSIC TRADE
The system adopted by Henry Vreeland, president of the
Metropolitan Traction Co., of this city, is so simple and so thor-
otrgh, and. Mr. Vreeland keeps in such close touch with every de-
partment of his business that it is said he can board any car, day
or night, and call the conductor and motorman by name, provided
they have been on his pay-roll for over three months. Of course
it takes a good memory in connection with system to enable a man
who employs an army to call each one composing that army by
name, but the systematic man cultivates memory.
REVIEW
9
in trade. It is to attract buyers to the window and to suggest to
the passer-by either something extraordinarily good and attractive,
or something unusually cheap. Show window space should be im-
proved to its utmost; it should be expressive as well as attractive.
HILE we do not hear very much nowadays about pianos
with the dull finish, for general information it may be said
that the firms who were successful in producing a good finish have
found their trade steadily growing for the dull finished instruments.
Dealers, too, particularly in the South where the cli-
matic extremes
H T H E man who lacks in system cannot tell the exact cost of
are very trying, have found that the instruments
throu h the seasons without
^
checking and preserve, after months
*
pianos to manufacture, and changed conditions have brought &°
of e x t r e m e
temperature, an evenly finished exterior.
about radical advances in every department.
Take in lumber alone, advances have varied from twenty to
fifty per cent. In labor, hardware, and all materials which enter
into the construction of a piano there has been a material advance,
In some cases enormous, but in all certain.
A manufacturer who has not already inaugurated a system
which tells him the exact cost to manufacture in the year 1903
should lose no time in so doing. The cost of pianos has steadily
advanced within the past two years, and a number of our man-
ufacturers have never sacrificed quality in spite of the greatly
increased cost to manufacture. They are still purchasing the high-
est grade of materials, and a few of them have asked of their rep-
resentatives the advance in wholesale cost to which, by all laws
regulating trade and commerce, they are justly entitled.
\\T
W e ma
y t h a t o u r attention has been called to some of the
d u l 1 finished
instruments which have been in use for months under
extraordinary changes of temperature and which did not bear, the
slightest effect of wear.
^
sa
W h i l e the duU
finish
i n a Iar
S e w a y h a s n o t b e c o m e popular,
the sitUati n in that
°
P a r t i c u l a r department may be summed up by
statin
S t h a t t h e manufacturers who have evolved a successful finish
a n d h a v e a d h e r e d t o its
manufacture have been rewarded in their
steadil
y augmenting trade in this particular line,
R 1
ECENT developments have focused trade interest on that
magnificent structure known as "Aeolian Hall," on Fifth
avenue, and while there is nothing special to announce regarding
later developments, it is very certain that the Aeolian and Weber
budget of news will be perused with exceeding zest.
C V E R Y man increases the circulating medium when he draws
w i t h t h e v a r i e d interests which are now under one control, the
^
a check, for about nine-tenths of the business of the country t e n m i l U o n d o U a r c o r p o r a t i o n m a k e s i t s b o w t o t h e b u s i n e s s w o r l d >
is done by checks and other instruments of credit aside from money. c o n t r o l l i n g m o r e a n d v a r i e d i n t e r e s t s t h a n a n y o t h e r m u s i c t r a d e
and while the growth of business calls for some addition to the stock c o r p o r a t i o n > T h e i n t e r e s t s w h i c h it d i r e c t s c o n t r o l s a l a r g e v o I u m e
of money, the actual use of coin and notes is so economized by the o f b u s i n e s S f n o t o n l y i n A m e r i c a a n d E u r o p e ) b u t i n Australia as
use of checks, drafts and the clearing house system, that the increase well> f o r t h e A e o U a n c o n c e r n h a s b e e n c a r e f u l I y s y s t e m a tizing its
in the currency need not be anything like the ratio in the increase
of business. Since the revival of business activity the increase in
the volume of money has been very small in comparison with the
volume of increase measured by bank clearings. It only shows after
all how great confidence we have in each other, when we consider
that all of this increase of business has been done practically upon
character. Character is after all the strongest kind of a business
asset and not easily destroyed.
operations in that far away country, as well as in the local-
n e a r e r home
business
j tieg
^ N E of the funniest things connected with the Aeolian-Weber
( J d e a J {s t h g d e s i r e o f a d i s c r e d i t e d t r a d e publication to cun-
ningly incorporate the idea in a dozen o r twenty articles that i t s
editQr w a s t h e p H m e m o y e r in t h e m a t t e r
actions
of ^
A s a m a t t e r o f fact t h e
e d i t o r in thJs cage alone d e m o n s t r a t e h o w r e m o t e h e
is from an inner association with piano men. A man who is con-
T pays to keep show windows scrupulously clean. A piano mer- fidently informed as to inside deals does not boast of this in his
chant may have ever so elegant a display, but if the glass is
even slightly dirty or streaked, a large percentage of the effect is
immediately lost. Besides, a dirty window often carries an im-
pression of an unclean store interior, while a bright., attractive show
window reflects a clean business life within. It is actually restful
to look at a clean window, and the mere glisten of the glass is at-
tractive and adds as much to what the window contains as a dirty
window detracts from the same. Make your show window a fair
reflection of the business within.

And while on the subject of window space, let us emphasize
the fact that that space is the most valuable in the store. From a
real estate point of view it is the frontage, and should pay interest
according to its value. It can only be made to pay when it brings
publication. By so doing he shows how utterly unworthy he is to
be the
custodian of trade secrets,
V) ROBABLY there is no industry which is more prolific in
rumors than is this good old trade of ours. The rumor fac-
tory is at all times busy, but The Review never records a rumor, nor
prints matters which relate to the purely personal side of the indi-
viduals connected with the industry.
i T is said that the Piano Manufacturers' National Association will
1 be materially strengthened by the addition of a number of new
names which will be announced within the near future. The or-
ganization is in healthy condition and has thrived under abuse.

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