Music Trade Review

Issue: 1904 Vol. 38 N. 25

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
6
THE MU3IC TRADE REVIEW
Editor »nd Proprietor.
EDWARD LYMAN DILL.
J. B . S P I L L A N E . M « n * * i n t f E d i t o r .
EXECUTIVE STAFF:
THOS.
CAMPBKLL-COPELAND,
W. MURDOCH LIND,
GKO. B. KELLER,
ERNEST L. WAITT, 255 Washington St.
R. W. KAUFFMAN.
GEO. W. QUERIPEL.
CHICAOO OFFICE:
BOSTON OFFICE:
PHILADELPHIA OFFICE:
EMILIE FRANCES BAUER,
A. J. NICKLIN,
E. P. VAN HARLINGEN, 36 La Salle St.
MINNEAPOLIS AND ST. PAUL:
R. J. LEFEBVRE.
ST. LOUIS OFFICE :
CHAS. N. VAN BUREN.
SAN FRANCISCO OFFICE: ALFRED METZGER, 425-427 Front St.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at the New York Post Office as Second Class Matter.
"SUBSCRIPTION (including postal ) , 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 read-
ing matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
probable course of the iron and metal market, are being reviewed
as undoubtedly they will continue to be during the coming month.
Such speculations and conjectures, should at least help to re-
lieve the monotony of business. Meanwhile, with the reasonably
healthy conditions and with fair trade at hand and in sight piano men
can go ahead and anticipate a good return for their efforts.
One thing is certain that in order to bring the volume of busi-
ness up to last year, it is necessary that energy of the most emphatic
kind be placed in every department of business.
T
HE decrease in the volume of money, both in the treasury and
in circulation during May, is accounted for by the large gold
shipments, and these in turn are accounted for in greater or less de-
gree by the payments on account of the Panama Canal and Japanese
loans.
Roughly speaking, the decrease in the total stock of money in
the month was thirty millions, a little more than three-fourths of
which was taken from the money outside the Treasury. In spite
of the gold exports the amount of money in circulation on June ist
was one hundred and twenty-seven millions or five and three-tenths
per cent, greater than one year before.
I
T is impossible to find in the course of business or the range of
prices any direct effect of the month's decrease or of the year's
increase. These figures like the whole course of business for the
past eight years refute all the propositions of cheap money advo-
On the first Saturday of each month The Review contains in its
THE ARTISTS' "Artists' Department" all the current musical news. This is effected
cates
whether free silverites or the more rational bimetallists. We
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-
were then told and it was repeated four years ago that wheat would
ments materially the value of The Review to advertisers.
never again be seen at a dollar unless the currency were diluted by
d' r cctory of piano manufacturing firms and corporations
nis c
A v «* PiANft f o u n d
the addition of silver, coined on private account, and an unlimited
Z. . \ , . , - w . , . , 5 . » t
°n Page 32 will be of great value as a reference for
MANUFACTURERS
dealers and others.
legal tender. But wheat has for some time been a good deal over a
LONG DISTANCE TELEPHONE-NUMBER 174S CRAMERCY.
dollar.
HIS might be seized upon as evidence that the increase in cur-
NEW YORK, JUNE 18, 19O4.
rency in the past twelve months has stimulated prices, but for
the fact that the advance in wheat has been out of all proportion to
the increase in the currency, while some other prices have remained
EDITORIAL
nearly stationary or declined. The prices of iron and cotton are
clearly determined by conditions affecting these peculiar com-
modities.
HE advent of summer weather brings with it something of the
The prices of all commodities must be affected similarly, if
quiet which usually characterizes the warm season, but tne
at all, by a change in the volume of money. There is more money
lull in business comes perhaps a little earlier than usual.
than there was a year ago, but the returns of bank clearings show
From the reports which we have received from the various trade
that less money is being used. A comparison between the volume
centers throughout the Union, there is indication that the first part
and currency, and the amount of bank clearings will show how in-
of June has been better for the piano merchants than the first part of
significant an increase in the volume is compared with an increase in
May. This condition is unusual, and may be accounted for on the
the rapidity of circulation. The foundations of the state of trade
ground of climatic conditions during May which seriously affected
lie deeper than the conditions that can be changed by the mint or the
business. Piano men are making purchases in a small way generally.
banks.
Their stocks according to our reports are in the main kept up to a
E have of late fallen into a pessimistic vein. We are prone
good working level, but do not show accumulation, therefore, it will
to say that business Avill be slow, that it is the Presidential
be necessary for them to purchase steadily in order to have their
year,
and
others say that the business pendulum must still swing back
warerooms appropriately fitted with attractive stocks.
as
far
as
it
went the other way.
Manufacturers are becoming reconciled to a lessening pace ot"
Now why not take the bright side and discuss that ? The South,
business, and some of them are beginning to accumulate stock.
never in its history, was in the financial condition that it is to-day.
There is just now a determination to refrain from forcing sales
Its natural resources are being rapidly developed and its magnificent
and a conservative policy in the main is pursued.
cotton crop this year promises to be record breaking, which insures
a vast volume of business in that favored section.
HERE is a general desire to be more careful in the making
of sales, in emphasizing quality sales rather than quantity
N the Middle West the latest crop reports are of the most encour-
sales. This is a healthful indication, and if some houses had fol-
aging character. The people, too, have accumulated wealth dm
lowed this plan years ago their piano paper would represent a good
ing
the
past decade.
deal more actual value than it does to-day.
If
we go back a few years we find that farms in many of the
R. T. Cassell, said in his paper at the Convention that it is not
great
Western
States were covered with mortgages, many of them
so much a question of quantity but quality that makes a good sales-
being
abandoned,
and business in the villages and towns was in a de-
man. Some salesmen are making more money for the houses on
plorable
condition.
fifty sales a year than another who makes a hundred."
How different is the state of affairs to-day. Mortgages are
ILEY B. ALLEN says that salesman is never a good man-
cleared away, and settlements are prosperous, and the people who
ager, no more than a good musician can ever be a good were borrowers in those days are lenders to-day. Such pros
salesman.
perity cannot be easily eliminated, and it will withstand many a
There are many who disagree with Mr. Allen in this statement,
severe business shock and disappointment.
but Mr. Allen said in the same paper, "when it comes to informing
Now the men who succeed in such times are not the ones who
my confederates in the trade how to conduct branch stores success-
sit back and wait for the tide to turn. They are the ones who keep
fully, I am a good deal like the Chinaman with his smattering knowl-
everlastingly at it, whether the signs are bright, or whether the busi-
edge of the English language, "I don't sabe."
ness sun is obscured by a slight haze. They never falter. Business
expenses never stop, and the energy of a business should never falter.
HE various interests which work together to determine the
course of things commercially, and the character of business
HE wonder grows how an organization should stand for fore-
at large, such as the crop prospects, the presidential election, the
ing a fake report upon the public, particularly when that re-
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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MU3IC TRADE REVIEW
port directly affects the property holdings of nearly every piano
dealer in the United States.
When the idea was first promulgated to burn the old squares
at Atlantic City, it was looked upon by many merely as a joke, and it
was referred to in a laughing way by members of the trade, who con-
sidered the idea of paying cash money for freight on old pianos to
burn them up to be an absurdity. They did not, however, think
it would reach the point of the issuing of false reports that a thou-
sand square pianos had actually been burned at Atlantic City.
HE bait given out to the Associated Press was caught easily, and
reports were printed that thousands of old square pianos had
actually gone up in flames at Atlantic City. Even the full conse-
quences of this report did not dawn upon those who were willing in
their official capacity to-support the scheme.
Now it is different, for complaints are coming from all sources
from dealers who have sold square pianos to customers who are now
dissatisfied, and declare they were cheated, that the old squares are
worth nothing.
It is a serious proposition, and will cause men in the future to
think twice before lending their aid to sending broadcast fake re-
ports.
T
OMPLAINTS are coming not alone from those who have
recently bought square pianos, but there are thousands
of square pianos in the various warerooms throughout the country
that represent assets in dealers' reports. These pianos can always
be sold for something and now to eliminate these assets entirely
from the business makes it at once a serious matter. The dealei
is paying a mighty dear price for lending endorsement to what at
its best was only an absurd proposition.
From the reports which are coming in from various parts of
the country, brought about by this piano depreciation, it is not prob
able that in a hundred years or less the picture of the man applying
the fake torch to the fake piano bonfire in Atlantic City will be
thundering down the ages alongside the representatives of Funston
swimming the Rag Time River, of Napoleon galloping over the
Alps, of Brutus pulling Cassius out of the raging Tiber, of Caesar
poling himself over the Rubicon, or Hermann doing stunts on the
ramparts of the Rhine and kindred deeds.
C
EFORE the passing of the resolutions at the Piano Manufac-
turers' Convention, favoring the open shop there was an in-
teresting discussion.
A number of piano men figured that it was unwise to make that
open declaration, that it was better to adopt conciliatory means rather
than fling defiance in the face of the unions.
Some manufacturers were not in favor of the original motion.
and as the result of a conservative spirit, some of the more radical
utterances embodied in the first resolutions were expunged and
simply an open shop resolution accepted.
B
T
HERE seems to be considerable doubt whether the dealers will
meet next year in Saratoga, or select some other point. A
circular has already been issued asking opinions of members of the
Association as to the advisability of changing the place of the next
meeting.
If a number should desire this change, it would end the combined
meetings of the two associations. This move is considered desirable
by a number of members of both associations, who have expressed
themselves as believing that the interests of each could be best served
by separate meetings.
W
HAT shall we say of a hotel which feels called upon to send
out letters of apology to the Dealers' Association for the
rank service rendered at the banquet for which eight dollars per plate
was charged ?
In this apology the hotel management state that they knew
wherein the fault lay after the banquet had started, but then it was
too late to do anything. It was not too late, however, to serve three
clams, cold soup and warm wine, at irregular intervals to a disgusted
lot of men who had come prepared to do justice to a real banquet.
ERE'S a good one on department store prices:
The other day the manager of a great music trade
emporium said: "I passed S
department store, this morning,
and noticed a lot of music racks, the same as ours, in the window. I
made a memorandum of the prices attached to each in order that I
H
might compare them with our own. Here they are, and here are
duplicates, now let us see how their prices correspond. This was the
list:- The department store price, No. i, was $24.50; the regular
music store price, $21.50. The department store pricej No. 2, was
$23.40; the regular music store price, $19.50. The department store
price> No. 3, was $22.49; t n e regular music store price, $18. The
department store price, No. 4, was $21.99; the regular music store
price, $17.50."
S a matter of fact the department store has won its patronage
A
through bargain announcements. The people are prone to
patronize places where they think they are securing exceptional
values, but if we carefully analyze the prices of regular lines as they
are sold in the department stores and in specialty stores, will we not
find in nine cases out of ten that the values are on the side of the
specialty store rather than the department store?
People have fallen into the idea that all department store price*
represent exceptional values, but do they?
The regular dealer should not fear department store competition,
but he should adhere to one principle, mark his goods in plain figures
so that every one may see precisely what the goods are worth.
T
HE Piano Manufacturers' National Association is steadily
gaining strength, not alone from the fact that its membership
roll is constantly increasing, but the association germ is more firmly
implanted than ever before in the minds of manufacturers.
Men who some years ago were skeptical as to association possi-
bilities are to-day enthusiastic in their statements as to possible trade
betterment which may be brought about through organization effort.
The piano manufacturers have selected as their president an
energetic and forceful man, and unquestionably, Geo. P. Bent will
have added materially to his well earned laurels when he retires from
the presidency of the National organization.
There is no inde-
cision in Mr. Bent's movements. Every one knows exactly where
to find him, and when he throws his energy into association work,
it must bring about augmentation of the association plan.
OME piano men when brought to task for certain misrepresenta-
tions made by their salesmen, hide behind the statement that
they cannot be responsible for the utterances of their employes.
We have discovered that the salesmen are not likely to make
misrepresentations unless they are shielded by the head of the house,
whom they know will support them in anything. Now, a distinct
command from the head of the firm or the manager of the business
that no statement is to be made that cannot be borne out by the goods
themselves, and that any employe found misleading a customer will
be instantly discharged, with a bad record to his credit, will go a
long ways toward stopping misrepresentation and abuse of compe-
titors' pianos. These are days when all business institutions have to
be upright and square, for all of the squares were not burned at
Atlantic City.
O
FTENTIMES there is over-zealousness on the part of sales-
men to close a deal with a customer, but they will not reach
the borderland of misrepresentation unless they are sure that their
employers will support them in this. So when we talk about abuse
of competitors' wares, it is up to the dealer to stop this, rather than
to the salesman, for the salesmen after all fairly reflect the methods
and principles of those higher up.
ISREPRESENTATION, like a good many other trade evils,
can be easily obliterated, if the men behind the guns sin-
cerely desire its eradication, but to lay the blame on the salesmen is
absurd and unfair as well. No well organized retail establishment
will have men associated with it in presenting a knowledge of
its wares to the public unless those utterances are in accord with
its principles.
M
I
F a piano of a make not handled by the dealer is kept in wretched
condition for exhibition purposes and to discredit the instru-
ment in the eyes of customers, it is not the salesman who originated
the plan, or who continues to keep the instrument in such wretched
condition. To say that the proprietor cannot be responsible for all
that the salesman says is, of course, true in one sense, but to know
that a salesman constantly and wilfully misrepresents, means that
that salesman is working on lines which are in exact harmony with
the policy laid down by the head of the institution. The salesman is
simply doing the work clearly defined for him, and which pleases
his employers. Now if men do not wish to play fair in the business
warfare, they should at least not try to skulk behind some men who
are simply doing precisely the kind of work which they are ex-
pected to do by their employers.

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