Music Trade Review

Issue: 1905 Vol. 41 N. 17

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
MEW
EDWARD LYMAN DILL,
Editor a n d Proprietor
J. B. SPILLANE, Mai
n g
nait*r.
EXECVTIVE AND REPORTORIAL STAFF:
QBO. B. KELLER,
W M . B. W H I T B ,
W. N. TYLER,
L. J. CHAMBERLIN.
F. II. THOMPSON.
EMILIH FRANCIS BAUER,
A. J. NICKLIN,
GEO. W. QHERIPEL.
BOSTON OPFICB:
CHICAOO OFFICE
ERNEST L. WAITT, 173 Tremont St.
E. P. VAN HABMNGEN, 1362 Monadnock Block.
PHILADELPHIA OPFICB:
MINNEAPOLIS AND ST. PAUL:
R. W. KAUFFMAN.
E. C. TORREY.
SAN FRANCISCO OFFICE:
5T. LOU 15 OFFICE,
CHAS. N. VAN BUREN.
ALFRED METZGER, 425-427 Front. St.
CINCINNATI, O.: NINA PUGH-SMITH.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at the New York Post Office as Second Class Matter.
SVBSCRlPTION (Including postage), United States, Mexico and Canada, $2.00 per
rear ; 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.
On the first Saturday of each month The Review contains In Its
THE ARTISTS' "Artists' Department" all the current musical news. This is effected
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
augments materially the value of The Review to advertisers.
Tne
m i r r T n n v .# PIANO
directory of piano manufacturing firms and corporations
U U I L I I U K T «f riANU f oun ^ o n another page will be of great value, as a reference
MANVFACTUR.ER.S
f or dealers and others.
LONG DISTANCE TELEPHONE-NVMBER 1745 GRAMERCY.
NEW YORK, OCTOBER 28, 19O3.
A
PPEARANCES now indicate a shortage of stock in some of
the important piano distributing centers during the fall and
holiday trade. This condition is threatened because retail sales have
been so invariably good during the month that there has been diffi-
culty in accumulating even moderate stocks with which to care for
current business, let alone a greater trade which is due during the
next six weeks.
Retail piano merchants, according to our reports, have en-
joyed a month of splendid business. The sales have been excellent,
quality sales having dominated in many sections. The increas-
ing demand for better instruments shows that when people have
the money they are willing to pay more for pianos.
The excellent crops insure a good business for the next twelve
months, and the records now show that this year's big agricultural
yield has reached a record-breaking point. This was predicted
early in the season, but the mild weather has insured the safe
harvesting of crops which would have suffered by an early cold snap.
T
HE calculations of the New York Produce Exchange, based
on the latest Government reports as to crop condition, show
exceptionally large yields of corn, wheat and oats. The corn crop
is estimated at 2,707,517,000 bushels and that this estimate will
in all probability closely approximate the actual yield is shown by
the fact that the corn crop of 1904 as calculated by the Exchange,
differed in volume by but 3,756,934 bushels from the actual yield.
And this amount was a gain over the estimated quantity. Should
the actual crop approximate the Produce Exchange figures it will
exceed all previous corn harvests in quantity, and to find one near
to it we shall have to go back to 1899, when the yield, as given in
the Census Report, was 2,666,440,273 bushels.
The wheat crop, though not a record-breaker, will, it is cal-
culated, exceed the yield of any other year except the phenomenal
harvest of 1901, when the crop amounted to 748,460,218 bushels.
The indicated wheat crop this year is 683,311,000. Oats will come
closer to their record yield, the indicated crop being 938,623,000
bushels,against 987.842,000 bushels in 1902. The rye crop is expected
Jo exceed that of last year, and though the yield of barley and of
potatoes will fall somewhat below that of 1904, this is a small matter
compared with the vast production of corn, wheat and oats.
REVIEV/
With such a magnificent showing there is no reason to question
at all trade activity during the next few months. The only thing
is to take care of it in such a way that there will be satisfactory
monetary results to piano manufacturer and merchant. Surely
with such splendid 'environment the dealers should receive good
prices for their instruments and the instalment payments ought to
be reasonably large.
I
N such times as these good prices can be obtained in all lines of
merchandising, and when we compare the average retail price
received for pianos, it must be admitted that there is no article
which requires the skill and care in its make up that is sold at any-
thing near the margin of profit which is made through most piano
sales, wholesale and retail.
Of course, keen competition has kept profits down; there is
no question about that, but with such good conditions there is no
reason why any business should be conducted on too small a profit
margin.
There are subsequent expenses connected with piano selling
which constantly lower the original profit. There are claims made
by the dealer, many of which are unjust, but nevertheless some of
them are allowed which reduces the manufacturer's margin of profit.
The dealer also has to meet certain claims which seem in most
cases unfair, but these claims seem to be inseparably associated
with the piano business. They are hard to eliminate, but they cut
down the apparent profit very materially.
T
HE value of technical training in all lines is appreciated more
to-day than ever, and within the past few years several of
the universities have taken up the question of higher education in
accountancy, and have opened departments in commerce and
finance. And one of the fundamentals is that instruction shall be
imparted by practical business men as well as by public accountants
of long and thorough experience.
It is well, too, that the business side should be well considered,
for there is no denying that the age is thoroughly commercial, and
such institutions as the Mechanics and Tradesmen's Society of this
city, the president of which is Wm. E. Strauch, of Strauch Bros.,
is doing splendid work in training young men to useful professions.
All of the institutions which teach young men the value and im-
portance of a technical education are doing splendid work. Mr.
Strauch gives ungrudgingly his time and experience to help the
young men to fit themselves for the battle of life. There was never
a better chance for skilled labor than to-day. It is difficult to secure
enough good men, especially first-class mechanics, to meet the
volume of business which the manufacturers in skilled trades have
in hand. It is easy to find men who have a superficial knowledge of
any business, but the trained mechanic is in greater demand to-day
than ever.
T
HERE is a new condition, however, which has recently come
up in the labor world, which would be almost amusing were
it not for its serious side. It is the fact that a number of cities
are competing against each other for skilled labor, and are sending
emissaries to offer inducements in the way of higher wagm. This
is particularly in the metal lines. Bridgeport, Conn., has sent to
Worcester, Mass., for workmen, but Worcester has sent to Bridge-
port, with the result that each city has obtained some men from the
other, but probably neither has more skilled workmen than before
the exchange was made. Each has succeeded in bulling the labor
market in the other city, their bid helping towards a higher wage
scale. Machine shops of the same city are literally swapping men
without realizing it, hiring from one another at an advance in
wages. There seems to be no present limit. An employer must
have more good men, and they are sought regardless of business
or personal friendship between manufacturers.
Many works that
would be operating with full night shifts find it impossible to do so
because of the inability to get the necessary number of competent
men. Some shops arc running extra hours, paying proportionately
for their labor.
T
HE present labor situation illustrates the fact which unions
are apt to ignore that there is a market price for labor
which price is governed by the condition of their employers busi-
ness. Tf he is forced to pay too high wages when margins are
small and business light, he cannot succeed, and his men will suffer.
If, on the other hand, he is permitted to regulate his wage schedule
or if conditions are permitted to regulate it for him, his employes
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MU3IC TRADE REVIEW
will receive what they are worth, which is very often more than the
union can get for them.
The same law which governs the field of trade and commerce
must apply with exactness to the labor situation, and the better this
is understood the smoother will be the relations between employer
and employe.
BUSINESS institution can hardly succeed to-day unless system
prevails in every department, and many an apparently in-
telligent business man fails to systematize his business, not wholly
through a lack of enterprise on his part, but through the belief
that it means added expense to him. If any business is worth pre-
serving and building up, it is worth systematizing, and there is
hardly a business in any line which has achieved distinction without
the application of systematic lines of business conduct.
Isadore Saks, of the house of Saks & Co., who controls three
large retail houses employing an aggregate of fifteen hundred peo-
ple, recently remarked, that the first lesson in system that he ever
learned was when he and his brother tried to do the bookkeep-
ing themselves. He said that they got so helplessly tangled up that
although they could not afford it they decided to engage a girl at
eight dollars a week. That was the beginning of a system which
has kept pace with the growth of a great business, and which is
considered to be as accurate as any of the systems used in the
great department stores.
Mr. Saks says that decision to engage an eight-dollar-a-week
girl indelibly impressed upon his mind the fact that money spent
in systematizing was money well invested. That decision, he said,
to hire a clerk was the first important step in his progress.
There is hardly one of the great department stores throughout
the country which is not managed on a thoroughly systematic basis.
It could not live and meet competition without it, and in lesser
business enterprises the same principles could be adopted with
excellent results. The small piano merchant can adopt a system
which will be beneficial to his business if he will.
A
nalism has made during the past decade, and The Review by merit
alone has become the guide and text book of the progressive re- .
tailer in all parts of this country.
The influence exerted by this institution upon the piano dis-
tributing trade is admittedly great, and we are thoroughly equipped
to handle every question from the standpoint of one within the trade,
and wholly familiar with the views and interests of piano men.
The Review has been enabled to treat every subject, and the
correctness of its premises and conclusions have been generally
recognized. In this way it has acquired an authority in its own
particular field, so that its utterances upon the mercantile and
ethical problems that have come before the trade have won general
acquiescence and respect. Since 1900 The Review has figured
prominently at all of the great expositions, and through its influence
has compelled a recognition from international juries, a recognition
of trade newspaper work which was never before conceded.
P
RESIDENT ROOSEVELT believes in railroad rate regula-
tions, and he demands a control that controls. He believes
that power should be given when a complaint is made of a given
rate as being unjust or unreasonable, to adjust matters.
In this most piano men would agree with him, and this industry
has just complaint of it, for, as a matter of fact, notwithstanding
the enormous growth of the piano industry during the past few
years there has been practically no readjustment of the freight rates
since the days when it was in truth an "infant industry."
Regarding trade matters the President said on his Southern
tour:
"The abuses of which we have a genuine right to complain
take many shapes. Rebates are not now often given openly. But
they can be given just as effectively in covert form, and private
cars, terminal tracks and the like must be brought under the control
of the commission or administrative body which is to exercise super-
vision by the Government.
"But in my judgment the most important thing to do is to give
to this administrative body power to make its findings effective,
HERE is something fine in the resolution of a man in these
and this can be done only by giving it power, when complaint is
hustling times to let a monetary goal go for the sake of art
made of a given rate as being unjust or unreasonable, £ it finds the
ideals. It stands out in eloquent contrast with the sordid money
complaint proper, then itself to fix a maximum rate which it re-
grabbing shown in the $150,000 salaries of our insurance presidents,
gards as just and reasonable, this rate to go into effect practically
who manipulate sacred funds which are placed in their custody in
at once—that is, within a reasonable time—and to stay in effect,
such a manner that they add millions to their own possessions.
unless reversed by the courts.
Chas. Dana Gibson, the inventor of the "Gibson Girl/' has set an
"I earnestly hope that we shall see a law giving this power
example at a time when such examples are greatly needed. Mr. passed by Congress. Moreover, I hope that by law power will be
Gibson, who is now under forty, and in the flood tide of fame,
conferred upon representatives of the Government capable of per-
announces that he has bought his freedom from the slavery of
forming the duty of public accountants carefully to examine into
black and white and that he will follow higher ideals in art. He
the books of railroads, when so ordered by the Interstate Commerce
has made enough to live on comfortably, and henceforth he will
Commission, which should itself have power to prescribe what
devote himself to painting, abandoning the pencil for the brush.
books, and what books only, should be kept by railroads.
It was a number of years ago when he sent his first sketch
"If there is in the minds of the commission any suspicion that
to Life and received four dollars for it. He followed this with
a certain railroad is in any shape or way giving rebates or behaving
other sketches, and soon the public became aware that there was an
improperly, I wish the commission to have power as a matter of
American Du Maurier. The Gibson girl is now the typical repre-
right, not as a matter of favor, to make a full and exhaustive
sentation of American womanhood, and as such familiar all over
investigation of the receipts and expenditures of the railroad, so
the world. She made her creator famous before he was thirty.
that any violation or evasion of the law may be detected.
She introduced him into club life, and into society, and for several
"This is not a revolutionary proposal on my part, for I only
years enabled him to earn an annual income of from sixty-five to
wish the same power given in reference to railroads that is now
seventy-five thousand dollars, and now in the full flush of young
exercised as a matter of course by the national bank examiners as »
manhood, and at the high tide of fame, Gibson calmly turns and
regards national banks."
casts off" his splendid income to follow higher ideals.
Now, if the piano men can only get the President to attend
If only some of these insurance grafters and men of higher
the banquet next year in Washington he may give them a talk on
finances would study Gibson they would find something in his
freight rates which would be in itself a tremendous power to right
career to admire. Such examples are rare indeed in these cold
the wrong under which piano men have suffered for many years in
sordid days.
freight tariffs.
T
r
I "HE Review was specially honored, at the Portland Exposition,
-L where it gained the highest honors accorded any trade pub-
lication or periodical, and there are many who are familiar with
our work there say that the honors were worthily won, and that we
were in all fairness entitled to the gold medal and diploma, which
the jury of awards gave to The Review. Our exhibit there, which
illustrated in an interesting way the growth and development of the
piano industry, was novel and unique, and attracted thousands of
people. There were special features introduced and beautiful sou-
venirs were distributed. The outlay amounted to many thousands
of dollars, and yet the work benefited the whole industry more than
an individual institution. It illustrates the advance which trade jour-
A
MANUFACTURER, writing to The Review, says: "I have
been much interested in reading your editorials upon the
proposed piano trade exhibit to be held in Washington next year,
and I believe with you that it will not widen the retail distribution '•<
of pianos by the sale of a single instrument, and I do not think
that manufacturers will feel inclined to spend their money for
exhibition purposes."
The whole matter will probably resolve itself into being an
open door for those who desire to ship on exhibits, but it is not
believed that a centralized line of exhibits will be made, but simply
follow out the plan which has been adopted in some former years,
to have instruments exhibited at hotels and local warerooms.

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