Music Trade Review

Issue: 1904 Vol. 38 N. 1

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
12
THE:
MUSIC
TRADE:
REVIEW
EDWARD LYMAN DILL.
Editor and Proprietor.
J. B. SPILLANE, Man.gin^ Editor.
EXECVTIVE STAFF:
THOS. CAMPBELL-COPBLAND,
A. EDMUND HANSON,
BOSTON OFFICE :
W. MURDOCH LIND, £94 Tremont St.
GEO.
B. KELLER,
A. J. NlCKLIN,
GEO.
EMILIE FRANCES BAUER
W. QUERIPEL.
CHICAGO OFFICE:
E. P. VAN HARLINGEN, 36 La Salle St,
PHILADFLPHIA OFFICE: R. W. KAUFFMAN.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at the Nezv York Post Office as Second Class Matter.
SVBSCRIPTION (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 Rill.
THE ARTISTS'
DEPARTMENT
C.n 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 of the trade
section of the paper. Tt has a special circulation, and therefore aug-
ments materially the value of The Review to advertisers.
DIREf TORY cf PIANO
^' 1e directory of piano manufacturing firms and corporations
MAMfirAr-rfD r o c
found on page 35 will be of great value as a reference for
MANUFACTVRER.S
dealers and others.
'LONG DISTANCE TELEPHONE-NVMBER 1745-EIGHTEENTH STREET.
NEW YORK, JANUARY 2, 19O4-.
EDITORIAL
XT INETEEN HUNDRED AND THREE with its successes and
* ' failures has now passed into history and the business men
of our day expend but a limited time in retrospect. With them it
is prospect—the future with its possible accomplishments in which
they are most interested—and from indications it would seem that
the New Year is opening in excellent form.
During the holidays there is a natural relaxing of the pressure
of business, and the more deliberate giving of attention to the ameni-
ties of life and the kindly offices and sentiments which, amid all the
pressure of work and rivalries of trade, have a commanding place in
human activity.
The cold weather which has prevailed has had a stimulating
effect upon many lines, and in general has had a good effect on
trade.
HERE is noticeable a better feeling in the East than was found
a few weeks ago, and the West and South remain confident
in the anticipation of an excellent trade in the opening months of
1904. Piano manufacturers and merchants find at this time many
things requiring their attention in the closing up of details in con-
nection with the old year's business, and in ascertaining the results
of their labors in various departments.
T
While the output of pianos for 1903 will hardly reach the
figures of the preceding year, yet it may be said that the piano in-
dustry as a whole never before had the business stability and gen-
eral recognition from the public which it is receiving to-day.
HE fact that it is receiving more consideration must mean a
largely increased sale of pianos and musical accesso-
ries. That would seem to be the logical outcome, and it is the
deliberate conviction of those who are in close touch with the manu-
facture and marketing of musical instruments.
T
REIVIEIW
The industry itself comes in for a larger share of attention at
the hands of the public and in financial circles than ever before.
Piano making is approaching its own and holds its rightful posi-
tion in the business world. Its character and dignity are being more
thoroughly understood by business men in all other departments of
manufacture.
'"T"*HE continuous growth of the industry requiring the employ-
*
ment of larger capital has directed the attention of eminent
financiers to the piano industry in a greater way within the past
two or three years than ever before. And to-day when we have
individual corporations employing in their work several millions
of dollars it gives one at least an insight into the possibilities of the
piano business.
A comparison of the enormous output of some of our factories
to-day with those of the largest concerns a decade ago, will show-
how marvelously the industry has developed, and yet we only have
to go back a few years to find plenty of men who predicted abso-
lutely no future for the piano business beyond 1900. They said a
majority of the people would be supplied with instruments by that
date, and that the industry thereafter would be steadily on the
decline.
\ \ J ITHIN the next decade we will predict that the total output
* *
of pianos from American factories will reach a number
approximating a half million annually. We have not as yet begun
to supply the home trade, and then there is the entire world to
conquer besides, for it should be distinctly understood that the
American piano manufacturers have not as yet given serious atten-
tion to the development of foreign trade.
This is proven by The Review's report of export trade in
musical instruments. The foreign business in piano players has
exceeded that of pianos during the year so recently closed.
As a matter of fact our piano manufacturers have treated the
foreign trade in an indifferent way, simply because the home trade
was not only better in every respect, but it could be much more easily
handled than a business in far away countries.
A S The Review has previously stated, the foreign demand for
**•
American pianos will be comparatively slight until we build
instruments which more nearly correspond with the European
models.
A Review subscriber in New Zealand stated a short time ago
that he had tried American instruments, but the people in his country
were accustomed to the small European instruments, known as the
Cottage pianos, which they preferred to the concededly better archi-
tecture and imposing tonal qualities of the American instruments.
. In order to deal successfully with the foreign people we must
offer them that which they desire and by so doing will move along
the easiest lines of resistance.
T
HE general financial stability of the piano industry has been
evidenced in the few failures which have occurred during the
past year, which was a year showing unprecedented shrinkages in
railroad stocks and leading industrials as well. Notwithstanding the
enormous shrinkages, there has been scarcely a ripple in the music
trade industry. The few failures that have occurred can be traced
to lack of business management and to purely local causes rather
than to any weaknesses which might exist in the industry.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE: MUSIC TRADE:
That condition of affairs certainly must be most gratifying to
those whose capital and energy is employed in this special field.
'T~ V HERE is no question but that the piano to-day is looked upon
*
as an actual home necessity, and not as a luxury as in bygone
years. The universal methods adopted whereby instruments can be
secured on easy instalments has enormously widened the possibili-
ties of the retail distribution of pianos. Again a powerful factor in
increasing piano sales has been the emphasis placed upon lines of
publicity which have encouraged the public to take an added interest
in musical instruments. The necessity of using local and national
mediums to interest people in musical wares was never more widely
recognized than to-day.
IANO manufacturers have been liberal advertisers in the lead-
ing magazines and periodicals, thus carrying a knowledge of
special products into the homes of millions outside of those directly
interested in the sale of musical wares. In this way they have not
only interested a portion of the public which possibly otherwise may
have remained indifferent to the charms of musical instruments, but
they have aided in a most practical way their regular representatives
in every section of the country.
HP* HIS widespread advertising has unquestionably had a directly
*
beneficial effect and it has impressed upon the minds of the
public not only the necessity of a piano in the household, but it has
also dignified the industry in the estimation of millions of Ameri-
cans. Then, too, the piano merchants are beginning to realize more
than ever before the advantage of keeping their wares persistently
and intelligently before the people within their own territorial limits.
Advertising has been a powerful lever in promoting interest in
musical instruments.
This campaign of publicity will not be abandoned. On the con-
trary, piano men will be encouraged to take a renewed interest in it,
because they realize the many benefits direct, indirect and cumula-
tive, which results from the expenditure of monies through legit-
imate channels of publicity.
OME of the best posted men in America—including that au-
thority Mr. Pope—say that the neglect of advertising had
more to do with the decline of public interest in bicycles than any
other cause, and it is now stated that plans are being developed
along lines of publicity to have the bicycle, which has fallen into
comparative disuse, pushed with such energy and enterprise that
there will be a renewal of interest in the wheel. It had unquestion-
ably a prominent place in the market as a vehicle for the purpose of
pleasure or business, but when any particular industry ceases to
advertise the public loses interest in these articles, the men who sell
"them at retail do not feel encouraged to place any special emphasis
upon a product the manufacturers of which show lukewarmness in
exploiting. Now many piano merchants have felt encouraged and
stimulated to push certain lines of instruments because the manu-
facturers were assisting in a practical way by making their names
well known in their vicinage.
'T™*HERE could not have been such a widespread interest in the
"
piano players unless the makers had interested the purchasing
public, and in this way created a demand before the dealers them-
selves had secured territorial rights.
The piano player business has developed into a most important
REVIEW
adjunct to the piano and related lines. Dealers are realizing more
than ever the necessity of specializing the player business. They
cannot secure the agency for a particular player and expect to reap
rich results from it, unless they do consistent work along lines of
publicity. They must have special rooms fitted up, have competent
men in charge who are player experts, have musical entertainments,
and then the player business will show a most satisfactory response
to the treatment which it receives.
ERHAPS the most remarkable of all the special developments
in the regular piano line for the past year has been the
phenomenal increase in the production of small grands. These have
been exploited under a number of names adopted and trade-marked
by some leading manufacturers. The small grand as we predicted
some years ago is fast becoming an important factor in the piano
output of America. More small grands were placed upon the market
last year than during any previous year of piano history. They have
occupied a special position in the advertising columns of papers of
local and national circulation, and the public has been informed of
the beauties of this latest creation of the grand family.
*~r* HERE are a number of manufacturers who are now organizing
*
to produce small grands on a larger scale than ever before.
With the increased wealth of the country there is a natural inclina-
tion to expend more money for home accessories. The small grands
while costing more than the uprights can be used to excellent ad-
vantage in rooms of moderate size. Their graceful outlines appeal
to the aesthetic tastes of the people, and they are destined not only
to become greater favorites, but to occupy a prominent place for all
time in the distribution of musical instruments.
k
T
HERE has been a stronger desire manifest on the part of piano
men everywhere to improve trade ethics than has been notice-
able in former years. There is unquestionably a sentiment extend-
ing throughout the entire trade tending to bring the work of all
piano men into closer and more harmonic relations. There is a de-
sire to work in unison in the accomplishment of trade betterment.
This we have seen in the actions of the various associations towards
the elimination of objectionable advertising of every nature what-
soever.
Advertising which tends to degrade the industry will happily
soon be of the past. Concerted action has brought about a change
of sentiment in this particular, and the piano industry which has
developed a big broadminded constituency will be more emphatic
than ever in its condemnation of fake, falsehood, and misrepresenta-
tion. Time has mellowed and intercourse has softened many of the
bitter feelings and feuds which existed in former years. There is
more evident, everywhere, a feeling to respect the rights and wishes
of others.
HE one price system at retail which The Review has persist-
ently advocated for years is becoming now more generally
recognized as a business principle, which should be cultivated by all
piano men. Men, who years ago had no fixed policy regarding
prices are to-day one price enthusiasts. They have found one price
to be not only a good talking point, but profitable from a business
standpoint as well.
In the universal adoption of the one price system the piano in-
dustry is only conforming to the generally accepted principle in all
mercantile circles.
T

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