Music Trade Review

Issue: 1906 Vol. 42 N. 5

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
8
THE
MUSIC TRADE
KEVFW
EDWARD LYMANIBILL, - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorial Staff:
GEO. B. KELLER.
L. E. BOWEUS.
\V. N. TYLER.
WSI. B. WHITE.
BOSTON OFFICE:
F. II. THOMPSON.
EMILIE FRANCES BAOEH.
L. J. CHAMBEKLIN.
A. J. NICKLIN.
CHICAGO OFFICE:
E. P. VAN HAKLINUEN, 195-197 Wabash Ave.
ERNEST L. WAITT, 173 Tremont St.
TELEPHONES : Central 414 ; Automatic SC13.
PHILADELPHIA OFFICE: MINNEAPOLIS and ST. PAUL: ST. LOUIS OFFICE
It. \V. KAIKK.MA.N.
K ('. TOKHIOY.
('IIA.S. N. VAN BUREX.
SAN FRANCISCO OFFICE: ALFRED METZGEH, 425-427 Front St.
CINCINNATI, O.:
NINA
PUGH-SMITH.
Publisbed Every Saturday at 1 Madison Avenue, New York
Entered at the Neiv York Post Office as Second Class Matter.
SUBSCRIPTION, (including postage), United States, Mexico, and Canada, $2.00 pet-
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
l,yman Bill.
Directory ol Piano
The directory of piano manufacturing firms and corporations
__
.
found on another page will be of great value, as a reference
lUnnUctorers
f o i . dealers and others.
LON« DISTANCE TELEPHONE NUMBER 1745 GRAMERCY
NEW
Y ORK,
FEBRUARY
3,
1 906
EDITORIAL
T
RAVEL where you will, east or west, and the hotels in all the
leading cities will he found rilled to overflowing with guests.
Even New York, with the best hotel facilities of any city on the
globe, has been unable to take care of the people within her gates to
their satisfaction and comfort. With hotels which could easily ac-
commodate a quarter of a million people daily our city hotels have
been overcrowded, and the managers have requested visitors not to
register as there was standing room only. Even the family hostel-
ries have been drawn upon, and still the facilities have been inade-
quate. Many piano men have visited a half dozen hotels in New
York before finding lodging. If this state of affairs applied to
New York only, it might be explained on the ground of great at-
tractions in the way of amusements of all kinds, but what is true of
New York hotels is equally true of hotel congestion in other cities.
We have found the same conditions in Buffalo, Cleveland, Detroit,
Grand Rapids, Chicago and Cincinnati, in other words, it is gen-
eral, and it means more to the business interests than appears on the
surface.
REVIEW
I
T is not the time for price-cutting in either wholesale or retail
departments. It is rather the time for price maintenance. It
costs more to do business than ever before, and it costs more to live.
Therefore, with a rising tide of costs, which is inseparably associated
with good times, it is an unsound policy to cut prices.
Materials, merchandise, labor, everything costs more than a few-
months ago, and the end is not yet.
The steel and iron people are rushed with orders, and they do
not wish to take on more business at present prices.
With all of the great staples it is the same state of affairs. It is
a rising tide everywhere.
T
H E cost of selling merchandise, too, will advance. The selling
department must be influenced by the outer conditions. Rents
are going up. Advertising will go u p ; every publisher knows that
his expenses have been largely added to during the past few weeks,
and he in turn will ask more.
Don't cut prices with such conditions. The policy is not a wise
one. It is the best time in the world—the music trade world—to
ask a fair price and stick to it.
If the retailers cannot win on a one-price plan now, they never
can, for the environments will hardly be more favorable. In truth
it could not reasonably be expected that they would be.
This is a business year—a year to make the profits reasonably
satisfactory—and the man who cannot show some progress is out of
the race. His case is indeed one that calls for expert skill.
A
S far as this newspaper institution is concerned, it was never in
as good a form to serve its constituency as to-day. Every
newspaper man knows the difficult) in building an efficient organiza-
tion, so that every department is perfectly organized and moves on
with the precision of well-regulated machinery. While there are
always flaws in the work of human hands perfection never can be
realized. Yet it is with some degree of satisfaction that we note the
increasing influence of The Review 7 .
The values which we have to offer are worth the price, and
the buyers have acquainted themselves with the reliability of our
wares and they seem to be in lively demand.
T
H E members of the music trade have been reading with interest
the astonishing disclosures made at the Town Topics trial.
Some of them have not hesitated to say that certain men in our indus-
try were as "easy" years ago to the influences of the blackmailer as
some of the men in high finance in New York appear to have been
to the gentle pleadings of the society editor.
When a man becomes so depraved that he is willing to lay aside
all considerations of decency and to live by graft, blackmail and
scandalmongery, he may still show the courage of his immorality by
going after the vulnerable rich. The money magnates seem easy to
shake down. They would scorn to pay blackmail. Perish the
thought. But when some one hinted at certain things which might
be said concerning the family and personal affairs of J. P. Morgan,
William K. Vanderbilt, John W. Gates, Howard Gould, the late
Collis P. Huntington, William C. Whitney, Charles M. Schwab,
T indicates unusual activity in business, which is evidenced in this
Thomas F. Ryan, James R. Keene or some other Wall Street celeb-
industry and all others. It means that not only are men out for
rity, these astute financiers were able to see the possibilities of a good
business to sell goods, but the buyers are there also. The mer-
investment in Town Topics stock. Surely a large stockholder should
chants are flocking to the cities to lay in their spring stocks. The
have some voice in controlling the policy of a newspaper.
traveling men are on the ground to sell, and the sightseers are there
One is naturally curious as to what the inducement may have
to see the sights, and, what is more, they have the cash to pay for the
been that "shook down" that rather tight-fisted money-grubber.
privilege of doing the town during the season.
James R. Keene, to the tune of $90,000 for stock that he did not
Such activity is remarkable in January, and it means that the
want. There must have been a secret worth the knowing, since it
year has started in in royal shape.
found so good a market.
It is the best January for many years back; in fact, the best
ever, and the indications are that the pace will not only be main-
OWEVER much these magnates love money, they do not forget
tained, but accelerated somewhat as the year grows older.
that there are other things of value. One may scandalize
VERYTHING now points unerringly to a record-breaking year
the world by the magnitude of his swindling schemes and spread
in. the annals of business, and the wise ones are making ade-
ruin far and wide that will make him a detestable person in the eyes
quate preparations to take care of their trade in a satisfactory
of the public, and still cling to certain traditions of respectability.
manner. A state of preparedness is a pretty good state to be in dur-
Mr. Schwab seemed to feel neither remorse nor shame over the
ing these days of strenuous business life, and the man or institution
exposure of his shipbuilding bubble, but he found some inducement
who is not doing business just now may conclude, rightly, too, that
which made him buy 1,000 shares of Town Topics stock. The
something is radically wrong with the system. It needs over-
name of at least one great financier does not appear in the list of dis-
hauling and remodeling. There is no doubt about that, for there is
tinguished, if not disinterested, stockholders. It does not appear that
business to be had—plenty of good business. The present i§ no Colonel Mann ever showed up the peculiar value of his stock, or
time for the pessimist; it is time for opportunity.
offered any special inducements to Russell Sage. If he did he was
I
E
H
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE
turned down in the dry, cold manner which was characteristic of the
Nestor of Wall Street.
It is impossible to find any toleration for a man who promotes
a blackmailing publication, because he is the filthiest sort of a para-
site, but one must at least recognize the business shrewdness of a
promoter who would choose his victims with such fine financial dis-
crimination. When one engages in that sort of fishing he may as
well try for pike as for shiners.
Blackmailing methods in this industry are out of date, thanks
to the growing power of clean journalism. Recent court de-
cisions have shown that blackmail is easy to prove; a mighty sight
easier than many other kinds of illegal traffic. Public sentiment
has become aroused and will have no more of journalistic black-
guardism.
A
LARGE western furniture man said to The Review: "While
I am not acquainted with the conditions which exist in the
piano trade, I am inclined to the belief that the experience of piano-
makers with expositions will not materially differ from that of the
furniture people. We are trying to abandon the whole exposition
plan. It has not brought the results which would seem to come from
such an outlay. You may talk with furniture men and you will find
that they would like to abandon the whole plan. It is expensive and
non-productive of results." When such opinions are uttered by
men who have fairly tested exposition merits they are worth consid-
ering. Then, too, they are contrary to the generally accepted belief
that the furniture people are enthusiasts upon the subject of trade
expositions.
It now seems that the reverse side of the medal shows a different
meaning.
T
S
O
T
T
I
HERE seems to be some division of opinions as to just what
course it is best to adopt regarding the proposed piano expo-
sition in Washington next May. Some strongly favor the plan of
a centralized exhibit, where all of the participating members of the
trade can concentrate their products under one roof. The men who
favor this plan argue that by this means interest will be concentrated
and the dealers will have an opportunity of comparing the various
instruments in a manner which would be impossible, if the instru-
ments were scattered about the city in various hotels and warerooms.
The centralized plan has many adherents, and we may add many
opponents as well, for some piano men affirm that their interests can-
not be advanced by showing their instruments under such conditions.
NE large manufacturer, while discussing exposition matters
with The Review, said : "I claim, as do others, certain individ-
ual excellence and points for our pianos. They are the result of many
years of close study of piano building in all of its varied phases.
We have acquired a knowledge which is valuable to us and which has
been instrumental in building our trade. Our dealers profit by our
experience. There are many things which may be absorbed by the
expert factory men employed by some of our opponents who will
visit Washington to learn what they can. While I am willing to do
anything for trade good, I cannot believe that a central exhibit will
result in trade benefit. We will all try and get what we can from
our competitors, and in my opinion the exposition plan, if followed
for years, will result in making pianos more closely resemble each
other. In fine, they will, under such influences, lose their individ-
uality, and it will become not a question of value, because all instru-
ments will rapidly gravitate to a class, but a question of selling terms ;
in other words, the man who gives the longest selling time will gather
in the business."
HE above opinion may be of an extreme type, but it is well in a
matter of great importance to an industry to hear the extremes
as well as the conservatives. An advocate of the "under-one-roop
scheme says: "That is the only way to fairly test the respective
claims of the various makers. It will certainly make a great show-
ing to have many makers showing their products together. The
scene will be an impressive one, and well calculated to educate the
dealer in the right direction."
A
NOTHER man who occupies a high position in the trade says:
"I do not believe in the benefit of a music trade exposition to
either manufacturer or dealer. The associations will lose in the
end by introducing commercialism of such a nature. While automo-
bile shows may be great successes the conditions surrounding the
two trades are wholly different. Automobiles are performing
functions radically different, and exhibitions of them draw thousands
of purchasers, thus widening the avenues of distribution. They
stimulate trade, and such a show as we have planned will not increase
the sale of a single piano to a retail purchaser, nor do I believe that
it will promote the trade interests in our line."
NOTHER manufacturer says: "I do not believe the returns
will be commensurate with the outlay. The expense of pre-
paring, shipping and caring for an exhibit will be considerable.
There are always unlooked for expenses which will creep in which
will add materially to the cost. The total for the industry will be
a large sum, and 1 am inclined to the belief that the annual exposi-
tions will not last long."
A
REVIEW
O it will be seen that there are a number of divergent views
concerning trade expositions, and it is only right that there
should be the fullest expression of opinions. It will be a trade event
of importance, and its result may be far reaching. One thing, how-
ever, is apparent to all who have given the subject even the slightest
thought, and that is there must be plenty of work ahead for the
managers. There are many interests to consider, so that there is no
friction created, and that requires tact and plenty of hard work. The
exposition committee have no light task ahead of them. It is one
thing to say an exposition, but quite another to successfully plan and
manage it, so that unpleasantness of various kinds does, not come as
a natural legacy.
HE question is frequently asked who will exhibit at Washing-
ton? There is little data at hand concerning the exhibition,
as there is no bureau which can give out information concerning
the Washington event.
The general announcement of rules and recommendations have
appeared in The Review. The number of pianos is limited to five,
and no piano shipped to Washington can be disposed of either at
retail or to dealers of that city without first shipping them to territory
outside of that controlled by the Washington dealers. The com-
mittee recommend the rigid enforcement of these rules, but just how
far they can make them operative is problematical.
Men may consider that they are in no way bound to observe
rules laid down by an organization in which they have not member-
ship.
There is no way to compel them to follow schedules laid out by
any association, and many of them will feel free to follow their own
plans in the disposition of their wares rather than to recognize the
inflexibility of a rule which cannot be enforced in their particular
case.
'M IE executive committee of the Piano Manufacturers'Association
acted wisely in suggesting Chicago as the meeting place for the
association next year. There is a feeling in the West that there is an
inclination on the part of some of the members to kep the organiza-
tion gatherings in the East, and this action on the part of the execu-
tive committee will do away with the belief that there is any section-
alism in the organization. If an organization is to be national all
sections must be considered, and the conventions must be fairly
divided. In that way only can the broad spirit of national organiza-
tion be encouraged. To achieve the best results it is absolutely neces-
sary that sectionalism be completely eliminated. There must be
harmony of thought and purpose in order to accomplish what is most
desired in association matters.
T
HERE is a field for piano development which, owing to the
present custom duties, may be controlled almost exclusively
by our cousins across the Canadian border. There is in the Cana-
dian northwest a vast community, rich in resources, which is being
rapidly built up. Tt is made up of thousands of American farmers
who have sold their farms to cross the border and take up the
rich and virgin wheat fields of the Hudson Bay country. That
they will be large purchasers of those home accessories which are
part and parcel of a higher civilization goes without saying, for
they have money and will add materially to their wealth each year,
and this expanding market almost lies at our doors.
Tt may be worth while to note the recent progress of Canada,
and to observe the many indications at present offered that this
progress wil! continue by leaps and bounds.

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