Music Trade Review

Issue: 1906 Vol. 43 N. 23

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Staff:
G»o. B. KiGiiTJPB.
W. N. TILBB.
F. H. THOMPSON.
BMILIB FKANCBS BAUER.
L. B. BOWERS. B. BBITTAIN WILSON, WM. B. WHITE. L. J. CHAMSERLIN. A. J. NICKLIN.
CHICAGO OFFICE:
B. P. TAN HAHLINGBN, 195-197 Wabasb Aye.
TELEPHONES : Central 414 ; Automatic 8643
PHILADELPHIA OFFICE: MINNEAPOLIS and ST. PAUL: ST. LOUIS OFFICE
BOSTON OFFICE:
REVIEW
portunity of presenting reasonable arguments to them why pianos
should be the proper purchase for home enjoyment during the
holidays.
I
T is not surprising either, in view of such pleasant facts revealed
by the Secretary's report that there is an increased demand
for the higher grade instruments. As a matter of fact, the Ameri-
can people desire the best when they have the money, and this year
they have the price to pay for anything they wish, and with pros-
perity so well grounded who is the pessimist who would dare fly
the danger signal at his masthead. This is real wealth which is
produced from the ground, and not fictitious wealth which is some-
times easily created over night in the stock markets. It is not a
paper value; it is solid and substantial.
BRNBST L. WAITT, 278A Tremont St.
R. W. KAUFFMAN.
A. W. SHAW.
CHAS. N. VAN HURKN.
SAN FRANCISCO OFFICE: ALFRED METZGER, 1635 Van Ness Ave.
CINCINNATI, O.:
LONDON. ENGLAND:
NINA PUGH-SMITH.
69 Basinghall St., B. C.
W. Lionel Sturdy, Manager.
Published Every Saturday at 1 Madison Avenue, New York.
Entered at 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 lncb, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages, $50.00; opposite
reading matter, $76.00.
REMITTANCES. In other than currency form, should bft made payable to Edward
UymHD Bill.
Directory ol PI—o The directory of piano manufacturing firms and corporation*
u _ _ . . « f - « . . . Z~ found on another page will be of great value, as a reference
M«JL •«•««.•'•
for dealers and others.
Exposition Honors Won by The Review
Wand Prim
Paris Exposition, 1900 Silver Mffdal.Charleston Exposition, 1902
Diploma.Pan-American Exposition, 1901 Gold Medial. .St. Louis Exposition, 1904
Gold Merfgt.LewlB-Clark Exposition, 1905
LONG DISTANCE TELEPHONE—NUMBER 1745 GRAMERCY
Cable address: "Elblll N e w York."
NEW YORK, DEclslviirER 8, U
EDITORIAL
S
MALL wonder, some of the piano men are turning farmers.
There seems to be more money in that line of business than
almost any other, and this year the farmers have broken all previous
prosperity records. The stupendous sum of $6,794,000,0x30 is the
kind of a melon Dame Nature has handed out to the American
farmer this year. The tillers of the soil have gotten out of it this
staggering value, according to the statistics supplied by the Secre-
tary of Agriculture in his annual report recently made public. This
breaks all records in the history of the country, being $324,000,000
larger than the value of the farm products for the year 1904.
As this was announced just before Thanksgiving Day, it seems
proper that there should be a natural outpouring of thanks for such
bountiful gifts on the part of Providence. This annual output of
agriculture, reaching the immense proportions of the figures quoted,
would pay for every railroad in the United States. It would dupli-
cate every mile of rail, every car, pay for every bit of equipment,
and pay all the officers' salaries besides. It is said that the wages
of all the workmen employed in the United States is $2,339,923,615,
so the farmer has gotten the laborer beaten to a standstill. The
total runs three times over the value of the gold produced in the
United States since 1792.
T
HE figures quoted above reveal some interesting facts, and
show that the year's products were worth something more
than one-third of the property that was needed to raise them, or, in
other words, the farm property which was estimated at $38,000,000
yielded more than fifteen per cent, on the investment. Corn was
king instead of cotton, for the value of corn was worth $1,100,-
000,000, and cotton came in second at $640,000,000. The wheat
was disappointing, reaching only $450,000,000, a neat little sum
which would answer for pocket money for a few people, but not as
much as was expected from a great product.
Such figures show that this is indeed a great nation; when we
can produce agricultural crops in a single year, the total value of
which reaches such staggering figures. Small wonder indeed that
the great Middle West is absorbing so many pianos this season.
Why should it not? The farmers there are in a position to-day to
buy anything they wish, and clever piano men do not lose the op-
HERE is no question about the continuance of good times with
such splendid conditions all round, and there can be no reason-
able doubt regarding the increased cost of all lines of manufacture.
It costs more to produce pianos, it costs more to sell them, and it
costs more to live, and we may as well make up our minds to get
accustomed to paying higher prices for everything, and there is no
better time than the present to ask increased monthly payments for
pianos that are sold on time. If three and four and five dollars a
month were correct prices a few' years ago, when the cry of hard
times was heard everywhere in the land, they cannot be right to-day
with healthy optimism all about us. Dealers can well afford to let
unprofitable trade go by, and unless they are making money on
piano sales it is useless to make them.
No man should fool himself by imaginary profits in the conduct
of a business, and simply because sales are being made in large
numbers it does not always follow that money is being made. It is the
time when every business should be scanned closely, and it is the
time when piano instalments should be marked up. There is no
reason why people should not pay more on monthly instalments for
instruments than a few years ago. They will not object to it, par-
ticularly when a dealer makes a reasonable argument in defense of
his position when advancing his wares.
T
E have been advocating this move for some time, and we are
pleased to state that we have received communications
from a number of leading dealers in various sections of the coun-
try, who have stated to us that they were entirely in accord with
the move, and that they feel that the advocacy of such a plan by
an influential trade journal will help greatly to bring about a bet-
tered condition of affairs.
Here is an extract from one of the largest dealers in the South-
west, who writes: "I have been much interested in the articles
which have appeared in The Review, urging the dealers to demand
an increase in their monthly payments on pianos sold on time. I
believe it is the proper move, and I feel with you that the future of
the piano business will be strengthened when this plan is in vogue."
W
A NOTHER writes: "Keep up your good work. As you say,
i l
no piano should be put out without an agreement signed to
pay for it inside of three years. That is quite long enough, and
when you go beyond that time it is unsafe business. Keep
up your fight, too, for selling pianos in the right class. The dealers
are fooling themselves who sell a piano for $300 which ought to
be purchased for $185. They will never get any more than half of
the money. It is poor business."
Foster & Waldo, the well-known dealers of Minneapolis, say:
"How soon ought a piano to be wholly paid for? NOW, the
piano dealers of America are borrowing money at a high rate of
interest and loaning it out at a low rate on the 'pay-as-you-can' plan.
On this plan there is no safe limit of time for instalment sales, and,
as stated above, the time for settlement is NOW. When the dealer
really has money of his own to loan (this is almost what the piano
business of to-day amounts to—a loaning business) the monthly
instalments should double what a fair rental of the piano in ques-
tion would amount to. The trouble with the piano business is that
credit is given indiscriminatingly by dealers who absolutely have
no credit of their own. Who is to blame for this condition? The
manufacturer first, last and all the time."
NEW ENGLAND dealer writes: "Manufacturers must etab-
lish the retail prices for their pianos. I have read your
articles for years advocating this plan, and at first did not believe
A
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
that your position was a correct one. I am now convinced that the
nationalization of prices is the best thing for the protection of the
entire piano trade, and I wish that you could win everybody over
to your line of thinking."
One thing is certain, communications from all parts of the coun-
try to the Review show that we have fairly awakened trade thought
along these lines, and that certainly is a move in the right direction.
When once the sentiment of the trade is aroused, action of some
kind will be the outcome, and while we do not propose to dictate
in the slightest degree to the members of this trade what plans
they shall adopt as to the conduct of their business, yet we do re-
serve the right to make suggestions which we deem advantageous
to the best interest's of the industry.
T
O advocate sound business principles is one of the proper
functions of a trade journal. Some still hold to the idea
that the mission of a trade paper ends with the publication of news
matter. That is only one department of the work; the field is too
large, too broad, to be covered by men who have such a narrow
conception of the mission of a trade publication. It should lead
and never be led. It should mould trade opinion in the right way.
At least, that is our belief. The true journalist is never anxious
to get credit for certain work which he may do, for the individual
who is looking for credit and recognition is always disappointed.
When we first suggested a trade association we were laughed
at. Many said it was an impossibility as well as an absurdity, and
yet the two associations came into being and have developed pre-
cisely as we had outlined years ago. It is simply a matter of pre-
paring trade opinion, and then at the proper time action will be
taken, and action will be taken individually, if not generally, in ad-
vancing the payments to be made at regular intervals on pianos
sold on time. There is no reason why the time should be put off,
because there is more money made in putting the plan into opera-
tion at once. Delays at all times are dangerous, but in this par-
ticular instance they are expensive.
WELL-KNOWN piano manufacturer, while discussing the
upward tendency of prices in everything, remarked: "Con-
ditions are such in the piano trade that manufacturers should take
immediate action in raising prices to fairly cover the increased cost
of manufacture. I may say to you that at the beginning of the
year we made a slight advance in our prices. We supposed at the
time that it was sufficient to cover the increased cost to us of labor,
lumber and materials, but within two months we were compelled to
stand in the various departments this distinct rise, which put our
modest advance out of sight.
"Take the question of boxes alone. Even the cheapest kind
of lumber has advanced, so that the cost of boxing pianos to-day
makes a large annual expense, because all of the shipments cannot
be made in carload lots. W^hile our Pacific Coast trade nearly all
demand full cars, yet at scores of points we are constantly sending
out single pianos and in groups, and the expense of boxing in a year
amounts to a large figure. The only way that I see is for the piano
manufacturers to make a substantial advance at the beginning of
the new year, so that we may meet fairly what increased cost comes
to us within the next twelve months. Dealers will not object, be-
cause every sensible man can see that the position is a sound one,
and in no other trade has there been any hesitancy about raising
prices. Lumber men do not explain to you apologetically that they
are compelled to raise prices. They simply send out a schedule,
and that ends it, no arguments are necessary. The same with the
hardware and all other lines of materials which enter into the piano
composition. It is simply mark up, and no argument, but the
piano manufacturer has to stand this advance all round, and he in
turn seems afraid to ask what is reasonable from the dealer. They
can get more for their pianos if they will, because with the good
times which are all about us a man is not going to be deferred in a
piano purchase for ten or fifteen dollars." The sentiments expressed
above are worth thinking over; they are right to the point.
A
W
HY does the average country boy proverbially become the
successful city man?
Well, one reason is because he has been brought up in a
healthy atmosphere and never learned to smoke cigarettes when he
was ten years old or stand around watching the clock waiting for
quitting time. In the main he brings with him to town a rugged
determination and steadfast purpose to win. He brings these right
REVIEW
along with him, with his home-made hair-cut and his country ways,
but he is more serious; he is determined, and is not easily deterred
from winning out. He is not fault-finding. Great cities are grind-
ing out thousands of country boys every year, and they are turning
them out within a very brief time the most finished, competent busi-
ness men of our times. Take our leaders in finance, in railroads,
many of them were country boys, who early acquired the habits of
frugality and started in to win. They did, and they climbed well
up on the ladder of wealth and fame.
W
E have plenty of men in the piano trade who originally
followed life on the farm when it did not pay as well as
at the present time, but they embraced their opportunities and suc-
ceeded, and there are plenty of chances to-day in the piano trade
for good, brainy, intelligent young men.
There is really a dearth of young men in every department of
the industry. There is a call for good salesmen, for good tuners
and for good all-round men. Business firms to-day are looking
everywhere for men who can sell the goods, but they are tired of
experimenting with men who think they can, and who want to be
paid salaries for standing round and looking pleasant. But the fel-
low who can get the orders, or who can sell the goods does not
have to worry long about what his salary is going to be. That
takes care of itself. The amount that the salesman can earn is
limited only by his ability. His compensation, whether he is paid a
salary or a commission, is based on the amount of profit that he
makes for his firm, but he must make the sales. He must make
paying sales.
I
T is one thing to sell goods, but it is a mighty sight better to
sell them well. All men are salesmen of some kind. The
laborer sells his labor, the professional man his thought. The man
most commonly called the salesman sells some commodity of life,
but really we are all salesmen, and the success we attain is largely
due to our ability to impress the purchaser with the fact that we
have something he wants, and that our particular brand is just a
little better than any other.
To be a good piano salesman one must be systematic. He must
treat his trade as a profession, learn all about the piano, learn to
talk intelligently and to impress customers with the fact that his
knowledge counts for something. Irregular habits lead to indiffer-
ence and to laziness, which is akin to servitude. No man can long
retain his ambition if he feels that his work is in the nature of servi-
tude. Without ambition he is likely to have little policy in the per-
formance of his duty and little confidence in his ability to win out
in the race for success.
T
HE inside player is in strong demand just now, and the busi-
ness is limited by the ability of the factories to turn out in-
struments. The inside player business for the fall and holidays
will be largely in excess of that of last year. There are more fac-
tories producing stock this year, and, of course, that fact alone
would help out the quantity considerably, but all are producing more
than last year, and still there does not appear to be enough of those
special piano products to go round. Dealers are calling loud and
insistently for more of the inside players, and the holidays are com-
ing on, and the week before Christmas there will be a rush for the
inside player which will surprise even the old-timers.
r
I S HERE is a certain dealer in the South on whose letter-heads
X appear the words : "Liabilities, $15,000."
It might seem at the first blush as if the dealer were over-
honest in stating to the whole world just what his obligations were,
but as a matter of fact he hasn't learned as yet to distinguish the
difference between the meaning of the words assets and liabilities,
and probably after he reads this in The Review he will destroy the
stock of paper which he has on hand. It.is surprising that a man
so ignorant of the English language should engage in the piano
business, but he is not the only one whose early education was seri-
ously neglected, and, strange to relate, this same man has the repu-
tation of being a pretty fair piano salesman.
I
MPORTANT copyright legislation which will affect the future
use of perforated music on piano players has been up for
hearing before a congressional committee this week at Washing-
ton. The manufacturers who oppose the passage of the bill in its
present form have been represented by eminent counsel.

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