Music Trade Review

Issue: 1903 Vol. 37 N. 9

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
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
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE: MUSIC TRADE
business requires a good system combined with plenty of work. It
REVIEW/
9
It is results that he is after.
The manager's records should
means intelligence shown in the matter of discriminating between
not be needlessly burdened by a mass of detailed reports. The man
live prospects and idle inquiries.
under whose direction a number of piano salesmen carry on their
UT the fact remains that an enormous piano business is being
developed through correspondence, and it would surprise a
good many people to know just to what point Lyon & Healy have
developed this special department of their biriness.
work realizes the benefit of system. The kind of system, too, which
will enable him to distinguish between necessary facts and useless,
tiresome details.
But how much of this tiresome business could be eliminated,
This great
Western concern sells annually through correspondence a nu::: 1 ?er
of pianos which would make a mighty good yearly ouf ut for some
pretty good sized piano dealers, and not country dealers at that—
if one price, and one price only, were placed upon their instruments
and their salesmen positively instructed to accept nothing less than
the marked figures.
UCH a policy not only gives enthusiasm to the salesmen them-
and this is only one department of their establishment—and which
selves who believe that their prices are honest and are there-
has been worked quietly and without flamboyancy in any way.
Few institutions, however, could follow out successfully their
system of disposing of used pianos, but by opening up a correspon-
fore non-flexible, but it cuts out a lot of tiresome talk and weari-
some detail from the manager's work.
Only recently while chatting with a local manager, a salesman
dence with a person on the subject of a piano it invariably follows
that this great concern supplies other musical accessories to the
came up and reported.
same home through the mediumship of correspondence.
if he would take off thirty-five dollars and cut out the interest
I I OUSES which have developed a department of correspondence
* *
He stated that he could sell a certain piano,
clause.
The manager replied by saying that he was not there to listen
have a perfect system where the inquiries which are received
tlirough advertising are divided into what are termed "live pros-
to reports of that kind.
pects," which means that an inquiry simply comes for a catalogue.
less it would have been so marked.
The ''extra live prospect" is where a party expresses a particular
been desirable, it would have been cut out.
interest and asks for quotations and particulars.
man went back and sold the piano.
There is also a
The last is the one where the trail is warm, and which
is followed up very rigidly by replies at such intervals that the cor-
If the interest clause had not
That particular sales-
Another case: The salesman reported that his customer had
"very warm prospect" where further particulars and details are
requested.
If the piano was worth thirty-five dollars
agreed to the interest clause, liked the piano, but would only pay
$240 for the instrument which was marked $280.
This manager instructed the salesman to do the best he could
respondent is not permitted to lose interest in the particular wares
with the customer, but not to let him go out, even if he had to sell
advertised.
the piano at $240.
'HP* H E piano business has developed so that in our larger institu-
*
tions in the great cities a large number of salesmen come un-
der the immediate supervision of wareroom managers.
We may say that one of these institutions, the first, is success-
ful from every standpoint; the other is a failure.
In the
larger concerns the manager has absolute charge of the salesmen,
engaging them, and dismissing them, fixing their salaries without,
save in rare instances, referring the matter to the heads of the insti-
tutions.
You may draw your own conclusions as to which policy has
assisted in bringing about the different conditions.
/
"T" HE question of distinguishing articles, editorials and news
*
items which appear in the paper with the name of the writer,
is one that has frequently been discussed in journalistic circles.
A few years ago such wareroom conditions did not exist. The
piano business was so small that the proprietor himself was brought
into the closest contact with his salesmen.
The general absence of the practice is in itself a showing of the
trend of the public opinion.
To-day in many in-
stances it is the manager, and the successful manager of a force of
If there were a demand for signed articles in the newspapers,
they would be there, no question about that.
piano salesmen must be possessed of tact, courtesy and an ability
to command respect.
A newspaper is only successful and influential to the degree
He must pursue a persistent policy along
that it gets into harmony with that indefinable something called
definite lines so that his men may know what to expect in any con-
public sentiment, and the personality of every man who is associated
tingency.
with a publication is not lost, though his articles are not signed. His
He must be scrupulously honest and straightforward in
his dealings with them, and avoid any semblance of trickery.
And
the relations must be cordial to gain the best results.
The salesmen must feel that they are treated fairly at all points,
rise is in accordance with the success and standing of the journal
with which he is connected.
S a matter of fact, in spite of the unusual activity in the rumor
and if certain salesmen are permitted to lower prices on certain
factory, which has lately been supplied with new and improved
brands of pianos, it is certainly discouraging to the one who talks machinery, the music trade moves on without a ripple, with but few
annoyances to confront the piano men, save those which are traceable
one price.
to a lack of supplies. Combinations which would largely increase
XT OW as the piano business has broadened, rigidity in price is
certain kinds of supplies would be welcomed with exceeding joy by
*• ^ becoming more and more a prime essential and a necessity.
the music trade fraternity.
No manager can permit a half dozen prices on the same piano. The
There is a feeling that a dearth of piano sounding boards
manager of course should know of every occurrence or condition will cause unhappiness later. Indications now point to a big fall
that may effect piano sales but he should not hamper his men with trade, and many dealers have taken advantage of The Review's ad-
vice to place their orders early for fall shipment.
a lot of useless work in the way of reports.
A

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