Music Trade Review

Issue: 1906 Vol. 43 N. 19

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
RMFW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPUJLANE, Managing Editor
Executive and Reportorlal Staff:
Quo. B. KBLIJBB.
W. N. TYLER.
F. H. THOMPSON.
EMILJE FRANCES BAUER.
L. B. BOWERS. B. BRITTAIN WILSON, WM. B. WHITE. L. J. CHAMBERLIN. A. J. NICKLIN.
BOSTON OFFICE:
CHICAGO OFFICE:
E. P. VAN HARLINQEN, 195-197 Wabash Ave.
TELEPHONES : Central 414 ; Automatic 8643
PHILADELPHIA OFFICE: MINNEAPOLIS and ST. PAUL: ST. LOUIS OFFICE
ERNEST L. WAITT, 278A Tremont St.
R. W. KAUFFMAN.
A. W. SHAW
CHAS. N. VAN BUREN.
SAN FRANCISCO OFFICE: ALFRED METZGER, 425-427 Front S t
CINCINNATI. O.:
LONDON. ENGLAND:
NINA PUGH-SMITH.
69 Uaslnghall St., E. C.
W. Lionel Sturdy, Manager.
Published Every Saturday at 1 Madison Avenue, New York.
Entered al the New York Post Office as Second Class Matter.
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 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.
Directory ol Piano The directory of piano manufacturing firms and corporation
on another page will be of great value, as a reference
Manufacturers found
for dealers and others.
REVIEW
S
OME of the big department stores in New York are doing an
enormous business in cheap pianos. They arc advertising these
instruments at low rates, and they are selling them in large numbers,
and it will be seen in nearly all cases sales are made so that all pay-
ments are to be made on these instruments in about three years or
less from the date of the sale.
Cannot hundreds of piano dealers in all parts of America learn
something from the action of the department store men in handling
cheap pianos, and are not a good many of them to-day actually fool-
ing themselves by continuing certain policies, simply because they
have been used for many years in the piano industry?
Should a cheap piano be sold at a price which compels the pay-
ments to run over a period of six or seven years? Will not, at the
end of the third year—when the instrument is beginning to show
hard usage—the owner figure that it will be just as well t<> permit
the piano to go back to the dealer, and buy a new one on easy terms
from some other dealer, than to continue three or three and one-
half years more in order to possess the instrument, which would be
pretty well out of commission by the time the last payment shall
have been made? In other words, what incentive is there for a man
who has purchased a cheap piano at a high price to continue to pay
five dollars a month for many years?
I
T was only the other day that a certain dealer remarked with
considerable gusto that he had sold a B
piano for $350.
The piano should have been sold at about $225, but inasmuch as he
sold this instrument for nothing down and five dollars a month, it
Exposition Honors Won by The Review
will be pretty close to six years before the last payment will have
Grand Prim
Paris Exposition, 1900 Silver Medal.Charleston Exposition, 1902
been
made on this instrument, and the question is, Will the customer
Diploma.Pan-American Exposition, 1901
Gold Medal. .St. Louis Expedition, 1904
Gold MedaZ.Lewis-Clark Exposition, 1905
ever pay the last half of the instalments?
LONG DISTANCE TELEPHONE—NUMBER 1745 GRAMERCY
Are not dealers fooling themselves by charging too high a price
Cable address: " E l b U l New York."
for a cheap piano, and will not then- be a tremendous reaction, when
NEW YORK, NOVEMBER 10, 1906
in the course of a few years any number of these cheap, well used-up
instruments are thrown back on their hands by people who can then
walk over to another store and get a cheap piano for $1^5 or $200,
and on the same terms which they are paying the dealer for his
EDITORIAL
$350 piano which is already fairly used up.
It is to-day a serious mistake to sell a cheap instrument at a
price which should entitle a purchaser to own a reputable, well-made
INCE about the middle of October trade in nearly every section
piano, and in the end if dealers continue to pursue this course it must
of the country has not been just what was predicted by en- react to their detriment. Selling goods out of their class is not only
thusiastic business men, but while business has not shown the ex- an injury to the purchaser, but in the end it is going to affect the
uberance which it was fondly anticipated would develop at this
dealer most seriously, for when he counts upon certain paper assets
season, it cannot be said to have been dull. Piano men, however,
he will find that they will he apt to crumble like a house of cards.
have been looking for bettered conditions in October, and many
of them were disappointed with the results the last half of the
HE cheap piano is an injury to the piano trade only when sold
month. It did not bring the average up to the point which was
out of its proper class, and it is an injury, and a serious one,
estimated that the trade barometer would reach during October,
to the dealer who sells it far out-of its class on long-time payments.
which is usually looked upon as a banner month.
Some of them, like the case to which we have referred, will chuckle
No particular reason can be assigned for this condition, unless
over the fact that they have closed a good sale by getting a hundred
it may be said that politics have had a deterring effect upon busi-
dollars more than the piano was worth, but will not that additional
ness. It is a fact that so closely interwoven are politics with
money which.they think they have made out of the customer in the
business that a while before election a business man is not perhaps
end help to drag down the sale? A man is not going to pay five
placing the same emphasis upon trade which he would if politics
dollars a month for six or seven years unless he can see a value in
did not occupy the center of the public stage in such a prominent
his purchase, and after three years a clever salesman easily explains
manner.
to him how useless it is to continue to pay these long-drawn-out pay-
S
T
A N O T H E R reason, too, that may be attributed to the falling off
i i
of trade is the fact that there has been a relaxation of energy.
One of the best posted piano men in this country recently remarked
to The Review that he was confident that because the average piano
man has done pretty fairly for the past two or three years he was
rather inclined to slow up in many ways, and the result of his lack
of energy had a devitalizing effect upon his salesmen.
One thing is certain, no good reason can be advanced beyond
a temporary one why the piano trade should not be good. It is an
absurdity to figure that the business is being overdone. It is not.
We will manufacture over a quarter of a million instruments this
year. People outside of the trade ask where all these instruments
go. Might as well ask where all the watches are going. Nearly
every man you meet has a watch, and still the watch factories were
never as busy as to-day. There are a few hundred thousand people
yet who have not been provided with pianos, and the good, hustling
dealer will secure his share of the trade. No doubt about that, and
it's constant hustling 1 , too, that will produce the business.
ments when he can get a new piano under the same conditions, and
only have to pay a total of, say, $185 for it. If the piano were sold
in its proper class and at the correct figure, the purchaser will see
that each year he is drawing very much nearer to the end, and when
he has made payments for a year or two it is, of course, a strong in-
centive to continue to pay until the end, which is being rapidly
shortened, at which time he becomes the absolute possessor of the
instrument.
Unsound business methods usually react upon any trade which
indulges in them, and misrepresentation and deceit if indulged in
by the piano dealer will in the end come back upon him with telling
force, and when he thinks that his structure is a strong one it will
crumble like a house on sand foundation.
T hand is a proof of the Everett advertisement which will ap-
_ _ pear in the magazines for December. It is unusually attrac-
tive. It is carefully studied, well balanced and is arranged so that
it will at once attract the attention of readers. But there is an
item of unusual interest incorporated in this advertisement. There
A
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE
is a paragraph which is headed: "Prices at factory—Boston."
Then follows a list of the various styles of uprights and grands, with
their retail prices opposite. This is, we believe, the first magazine
advertisement wherein any piano manufacturer has come out
squarely with the statement as to his regular retail prices on all his
leading styles.
In the Steinway advertisements one or two prices have been
given, but the President, Frank A. Lee, of the John Church Co.,
announces in his advertisement prices on a variety of styles, and
then closes with the line: "Art cases from $1,000 to $10,000."
For years The Review has advocated persistently the establish-
ing by the manufacturer the prices at which his product shall be
offered to the retail purchaser, and when a great house like the
John Church Co. takes up the subject so emphatically it is at once
an act of vast importance to the trade. It shows that the manu-
facturers of the Everett piano are not only believers in one price,
but they announce to the whole world precisely what their prices
are, and every Everett dealer who asks more than the price named
by the manufacturers is justified in doing so only at points where
exclusive freight tariffs legitimately increase the cost of the in-
struments.
REVIEW
turers have been giving every advantage possible to their dealers, but
they cannot continue to pay more for everything which enters into
instruments without in turn asking a sufficient advance to make good
the increased cost.
November has opened up with the purchasing, carrying and dis-
tributing facilities of the country in full operation. Delays in ship-
ments do not diminish, and complaints are frequently heard in all
trades of the inadequacy of the railroads to grapple the transporta-
tion problem speedily.
W
ITH the increased competition which is making itself felt
in every business throughout the land, the retailer is con-
stantly casting about for new lines of goods closely allied with his
own, and which can be handled with profit. The music business
has narrow limitations, for it does not afford a tremendous variety
of lines which can be blended harmoniously with piano selling.
We have, however, advised at various times piano dealers to add a
talking machine department to their enterprise. Some of those
who have entered the talking machine business have found it to be
extremely profitable. It is, however, absolutely useless to figure
that the talking machine business will take care of itself when added
to an enterprise any more than«did piano players. For a long time
dealers who put in piano players did not understand why they were
HIS plan, in our opinion, is the correct one, and in order to
not making money out of this new department. They heard
place the piano industry on a permanent footing and offer
through the various trade papers that "Mr. So-and-So" was doing
instruments in their proper class the retail prices must be named
a splendid business with piano players, and they did not understand
by the manufacturer.
why they were not, as well. Those, however, who took pains to
Who is better qualified to judge of the value of a product than
investigate found excellent reasons existing why "Mr. So-and-So"
the man who manufactures it? If this plan were adopted generally
was making money out of players. He had an attractive room,
it would do away entirely with piano misrepresentation. Instru-
ments would then be sold in their class, and it at once fixes the wherein a stock of players were at all times kept in splendid condi-
tion, and the department was under the charge of a man who under-
status of special brandy pianos at a single stroke. If one-quarter
stood the possibilities of the piano player and how to show it to
of the manufacturers of this country should agree to adopt this
excellent
advantage. They found, also, that this concern was dis-
plan and advertise in all their literature the retail prices at which
tributing
attractive literature in their particular vicinage. They
their dealers shall offer their instruments, it would eliminate all of
were
also
giving little entertainments—in fact, the disappointed
the fraudulent claims which have been made for certain instruments
man
found
that the successful piano player man was using his"
and place the whole business on a cleaner and better basis than
brains
and
financial
resources to make the piano player business
ever before. One price is all right, but that price must be the
pay.
And
it
was
only
on those lines that it would pay.
right one, and it cannot be the right price if a dealer in one town
asks one hundred dollars more than his neighbor does for the
same instrument and same style in an adjoining territory. Stand-
HE truth of this is seen in the fact that every piano player
ard instruments must be sold at standard prices, and the sooner the
establishment in the United States which has been run on a
manufacturers as a whole arrive at this conclusion the better it
paying basis has been specialized. The player has been shown in
will be not only for themselves, but for the entire industry. The
some warerooms in such an indifferent and unattractive manner that
dealers will readily take to this, because they can see—that is, the
when people came in and asked if they had piano players, the sales-
better class of dealers—that it will work to their benefit, and it will
man would say, "Oh, yes, we have one around here somewhere; here
do away in a large degree with the piano "knocker" who has been
is one over here," dragging out a dust covered player, which is
in evidence in every section of the country.
usually out of order, and then he himself understands nothing about
it, and as a result the investigators go out, disgusted with the whole
There can be no national standard of values, until the manu-
player business. How could the player pay with such treatment?
facturers themselves fix their own prices upon their instruments,
The dealers who have added talking machines should study
and let the world know their values.
piano-player history. They should fit up rooms which are sound-
proof, so that the records may be tested without disturbing other
TANO stocks over the country average well for this season of
salesmen of the establishment. The talking machine business will
the year, and this condition is conclusive proof that the deal-
pay, and pay handsomely, if treated properly, but it will not be a
ers have planned well in advance to take care of their holiday trade.
remunerative portion of the business, unless it is specialized, and
From this time on until we reach the holidays trade will be of such
placed in care of a man who understands the possibilities of the
a character that it will at once deplete the various wareroom stocks.
talking
machines, how to display them, and can talk intelligently
Then, again, a good many dealers feel that there is' liable to be an
about
them.
Then the talking machine business will pay, and
advance in instruments within the near future, and have been stock-
pay
well.
ing up to save by the present prices.
It may be said that advances in almost every line of manufac-
HILE on this line we might say the same about the music
tures are taking place constantly. Talking with a well-known hard-
boxes. There are many dealers who could vastly increase
ware man recently, he said that industry had been compelled to
their
sales
of music boxes if they would exhibit them in an attractive
accept the rising tide of prices, and that the advances of prices had
manner,
but
too many place their music boxes in some obscure
been conservative, and had been compelled under pressure of condi-
corner
of
their
warerooms, where they are rarely ever seen, and
tions which seemed to be unavoidable.
never
shown
by
salesmen unless some particular caller asks for
Piano manufacturers face precisely the same condition; with all
them.
material advancing, labor demanding higher remuneration, and with
It would be a good plan for the holiday season to make a
the cost of producing goods at steadily advancing prices, piano
special music box display, and in this way a large amount of trade
prices must under the law of trade reflect the up-lifting influences.
might be secured for music boxes, and the more attractive the ex-
hibit the more interest it will draw. Music boxes should be in
ALK with t'hc piano p'^te men, and we will find that they are not
large demand during the holiday season, and the only way for the
anxious to close contracts for next year because they do not
music dealers to increase that demand is by placing special emphasis
know just what the conditions will be in the metal market. It may
upon it—have salesmen talk them and show them, and, first of all,
be said, as far as the piano industry is concerned, the advances have
get them in .an attractive environment.
been in all cases, moderate and reasonable. And piano manufac-
T
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