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THE: MUSIC TRADE: REIVIEIW
8
REVIEW
EDWARD LYMAN
BILL,
EDITOR AND PROPRIETOR.
J. B. S P I L L A N E
MANAGING EDITOR.
culties arose between the managers and stockholders who had been
accustomed to receive fat dividends on their stock. Still the Masons
fought on, and exhibited a courage and persistence where many men
would have given up the fight disheartened.
At various.times it was reported that the Steinert house, the
Aeolian Co. and John Wanamaker in turn would control the des-
tinies of the Mason & Hamlin piano. However, there were always
obstacles intervening which prevented the consummation of such
a plan.
EXECUTIVE STAFF :
THO8. CAMPBELL-COPELAND
flEO. B. KELLER
W. MURDOCH LIND
A. EDMUND HANSON.
EMILIE FRANCES BAUER
GEO. W. QUERIPEL
A. J. NICKL1N
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 la allowed. Advertising Pages $50.00 ; opposite
reading matter. $76.00.
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 29, 1903.
,
TELEPHONE NU/1BER, 1745-EIOHTEENTH STREET.
THE
On the first Saturday of each month The Review contains In Its
ARTISTS'
"Artists' Department" all the current musical news. This la
nc-Bj>B-»
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.
The directory of piano manufacturing firms and corpora-
r I RECTORY
tlona found on page 31 will be of great value as a reference for
fir piAun
MANUFACTURERS
EDITORIAL
XT ATURALLY the collapse of a concern so widely known as the
* ' Mason & Hamlin Co. has caused a great deal of comment not
only in trade circles, but far outside as well.
To those uninformed it seems that the financial downfall of so
old and distinguished a house reflects in a certain degree upon the
financial stability of the music trade industry.
It does not in the slightest, and if the critics of this industry
were as faithful in recording its advances as they are in magnifying
its weaknesses, the piano and organ affairs would occupy a larger
position in the public eye. The stability of this industry was never
so pronounced as to-day. During the past two years there have been
fewer failures in the piano and allied trades than for any similar
period that can be named.
I T would be difficult to locate another concern in the country that
*• has had greater obstacles to oppose its progress than Mason &
Hamlin have encountered for many years. While a great many
criticisms have been made upon the management of the business by
Edward P. Mason and Henry Lowell Mason, it should be under-
stood that they had unusual legacies bequeathed them in the way
of a business seriously hampered by conditions which they in no
wise created but were compelled to fight for in order to sustain the
business. There was what was known as the Mason & Hamlin
Stringing System, opposed by tuners, and yet exploited at a vast
monetary expense in a vain endeavor to establish its popularity.
And after all the years, energy and money, devoted to its cause, it
was finally conceded to be impracticable by the firm, by its utter
abandonment.
Then again, there was a change, amounting to practically a
revolution going on in the organ business and complications or diffi-
T~"\ URING all the years, notwithstanding internal and monetary
*— troubles, the Masons constantly exhibited a desire to create
a betterment in their piano product. This is conceded by artists and
experts, and the name of Mason & Hamlin is universally acknow-
ledged to carry greater weight in the realm of art to-day than at
any other time in its history.
The name itself constitutes too valuable an asset to long remain
out of active trade lines.
The vitality of a piano name is surprising and whatever finan-
cial difficulties overtake a truly great institution, seem to be com-
pletely forgotten in a little while outside of purely trade circles, pro-
vided the manufacture of the product is taken up by able and pro-
gressive men.
Of course there are all sorts of conjectures as to the future of
the Mason & Hamlin business. It is universally admitted that its
future can be made a brilliant one, if a reorganization is made on
lines that assure the admission of ample capital so necessary to the
conduct of a large business enterprise. The possibilities of the Ma-
son & Hamlin product, even though temporarily halted, are admit-
tedly great. The tarnish on the escutcheon may be speedily removed,
and the institution be made to shine more brilliantly than ever, pro-
vided the polish is of the right sort and speedily applied.
I J OW the detail work of pianos has improved within the past
* few years. To-day, even in instruments of medium price,
the trade demands that they shall be well finished. Finish carries
great weight in piano selling, and the better the finish, the easier the
piano sells, for it is the finish that first catches the eye of the con-
sumer before he hears the tone.
It is true that a great many people do not understand much
about finish, but jvhen a dealer has two pianos in his store, one
with a good finish and the other with glaring imperfections, and
yet having precisely the same tone, which one will he sell the easier ?
Not a difficult question to answer, surely, and yet it is a prac-
tical illustration that finish pays.
T""* HERE are a number of music trade institutions which carry
*
on an enormous trade through correspondence. We could
name some in Boston, New York, and Chicago that have worked
up a business through this medium.
It not only benefits them
directly, but through their system, thousands of fine prospects are
handed over to their agents in various sections of the country.
One of the greatest business problems during the past few
years has been that of working out a system to handle any par-
ticular line of business to a large extent by mail. By this we do not
mean what is known as the strictly mail order but through a system
which could be applied to almost any line of business. The system
of selling direct has gone on each year in all of the various branches
of trade and industries, and to successfully develop this part of the