Music Trade Review

Issue: 1906 Vol. 43 N. 26

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REWEW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPELLANE, Managing Editor
Executive and Reportorlal Staff:
G»o. B. KBLUR.
W. N. TYLER.
F. H. THOMPSON.
BMILIB FRANCIS BAUD*.
L. B. BOWERS. B. BRITTAIN WILSON, WM. B. WHITB. L. J. CHAUBBBLIN. A. J. N I C I U B .
BOSTON OFFICE:
CHICAGO OFFICE:
B. P. YAN HARLINGBN, 195-187 Wabash Are.
TELEPHONIES : Central 414 ; Automatic 8643
PHILADELPHIA OFFICE: MINNEAPOLIS and ST. PAUL: ST. LOUIS OFFICE
REVIEW
O
F course there have been problems to solve in the past year, ami
there will be plenty, some not of easy solution, in the year to
come. There has been a steady rising tide in the cost of every-
thing. It costs more to manufacture goods; it costs more to sell
them ; it costs more to live, and while there has been in some cases
a hesitancy to advance prices in this trade, it will be impossible to
show a profit at the old prices, and manufacturers will be compelled
to advance prices on many styles of pianos.
There has been such an advance on lumber and metals, that
these two items alone cut no small figure in the increased cost of
pianomaking. It will be easy, too, for the dealers in such times
as the present to advance their retail prices sufficiently to cover the
advanced cost of instruments to them.
ERNEST L. WAITT, 278A Tremont St.
R. W. KAUFFMAN.
A. W. SHAW.
CHAS. N. VAN BDRBN.
SAN FRANCISCO OFFICE: Kohl Building.
CINCINNATI, o . :
LONDON, ENGLAND:
NINA PUGH-SMITH.
69 Baslnghall St., E. C.
W. Lionel Sturdy, Manager.
Published Every Saturday at 1 Madison Avenue* New York.
Entered at the New York Post Office ms Second Class Matter.
SUBSCRIPTION. (Including poitage), United States, Mexico, and Canada, $2.00 per
year; all otber countries, $4.00.
ADVERTISEMENTS. $2.00 per inch, alngle column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Adrertislnc Pages, $50.00; opposite
reading matter, $75.00.
REMITTANCES, in otber than currency form, should be made payable to Bdward
Lyman Bill.
Directory ol PI—o The directory of piano manufacturing firms and corporation*
found on another page will be of great value, as a reference
Manufacturers for dealers and others.
Exposition Honors Won by The Review
in and Prim
Paris Exposition, 1900 Silver MedaZ.Charleston Exposition, 1902
Diploma.Pan-American Exposition, 1901 Gold Medal..St. Louis Exposition, 1904
Oold Me LONG DISTANCE TELEPHONE—NUMBER 174S GRAMERCY
Cable address: "Elblll N e w York."
NEW
Y ^ R K T ^ C E M B E R 29, 1906
EDITORIAL
"So mag the New Year !>e a happy one
to you, happy to many more whose happi-
ness depends on you!—So may each year
l)c happier than the last."—Dlcfcens.
L
OOKING backward over the year which is about to close, it
must be admitted that in every respect it has been remark-
able. The record of the volume of business which has been trans-
acted during the past twelve months has smashed all previous
records. There have been no dull times in evidence since the be-
ginning of the year, and everyone, manufacturer, farmer, merchant
and workman, has profited by the good times which have been
generally diffused throughout all America. Through the rich bless-
ings of Nature the farmer has become a plutocrat almost, for the
great agricultural yield reaches figures which add to the wealth of
the country at almost a phenomenal rate, and are positively be-
wildering when we scan the total.
The yield from mines, too, has been generous, and so great has
been the absorptive pow T er of this country that manufacturers in all
lines have run their plants to the utmost of their productive capac-
ity in order to keep pace with the orders which have come pouring
in upon them.
W
HEN statistics are furnished, for the manufacturing record
of the year, they will be surprising in every branch of in-
dustry, because there seems to be no manufactured article which
has not been in great demand during the past twelve months. The
iron industry, which might be termed the barometer of trade, indi-
cates a condition of trade of such magnitude that the manufacturers
have been unable to keep in sight of their orders. The same condi-
tions exist in.kindred industries, and probably there is no year since
America became a manufacturing country when the books will
show as many unfilled orders January i as will be on hand when
we enter the new year. That means that we will start in 1907 with
plenty of business on hand to keep the wheels of industry spinning
round at a rapid rate.
W
E must certainly get adjusted to the resistless move to higher
prices, because in the estimate of experts, the era of high
prices will remain for some time to come. There is nothing on
the trade horizon to indicate that there will be a downfall from the
present range of prices which exists in all trades. On the con-
trary, it is believed by man}- that the trend is steadily upward, that
we have not yet reached the apex.
• '
There are some who say that there have been plenty of years in
which the profits to manufacturers have been much larger than
during 1906. It is true that the year will go down in the. history
of this trade as one remarkable for the range of high prices in raw
materials.
T
HE problems which confront piano manufacturers, however,
are not materially different than in many other trades. There
are some who are more independent, particularly those who supply
raw materials, and others who absolutely control a particular in-
dustry who can mark up their products without the slightest hesi-
tancy, or even feel inclined to vouchsafe an explanation to their
customers. The price problem is certainly an important one, and
one which is of vital interest to every manufacturer and dealer, and
no doubt a good many have been selling pianos on the slimmest
possible margin. There is really no good reason why any man
should do business in such times as these on a slender profit. The
general conditions were never as prosperous, and the hundreds of
millions which have been added to the payrolls of the great corpo-
rations means a larger purchasing power, and if individuals or
corporations cannot make headway in such times as these, they
may as well admit that they are out of the race, because they surely
will be ground out of sight with the fierce competition which is
bound to become more and more accentuated with the passing of
the years.
T
HE great piano producing factories are run on a finer system
than ever before, and jack-knife methods can no longer suc-
ceed in this industry. A man who does not watch absolutely the
cost of everything which enters into a piano and who sells on a
haphazard basis will not be long in the fight. It requires the exer-
cising of constant care, great vigilance and the closest supervision
to carry on manufacturing and business enterprises successfully.
Trade should be run with absolute precision along systematic lines;
in that way only can permanent success be had.
I
T is all very well to class pianomaking as an art industry; it is
in one sense, but when w r e come to figure up the entire total
of pianos manufactured this year, 265,000, it must be admitted at
once that the distinctly art creations do not reach a large figure
when compared with the total. Therefore, the industry as a whole
must be treated as a business proposition, and while there are few
manufacturers who are proud to designate their products as art
creations—which they are rightfully—yet in the main pianomaking
is regarded as a distinctly commercial enterprise, whether or not
it is pleasant to say so.
HERE is a certain sentimentality about the old names promi-
nent in trade history, and that sentiment undoubtedly will
remain for a long period of years, but the effect of commercialism
is distinctly noticeable in the piano industry, and what is more, it
is growing; that cannot be successfully denied by those who have
watched the development of the trade, and have heard the insistent
cry for the largest value for the dollar invested.
T
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE:
MUSIC TRADE: REIVIEW
A
S might be expected, few failures have occurred either in the
manufacturing or retail departments of trade during 1906.
In the manufacturing field those which have occurred were of in-
consequential concerns that gained credit under false representa-
tions, and who received their just deserts when the sheriff was
admitted to their factory premises.
This newspaper institution has followed the plan for years
not to accept advertising from concerns who were conducting their
business along false lines, and whose only assets consist of a gen-
erous amount of nerve. We have rejected business which has been
proffered by some of these concerns, simply because we believe that
their very existence is a menace to the best interests of the trade.
If credit is given to a class of manufacturers who put out goods at
less than cost in order to raise funds to tide over a pressing emer-
gency then it is placing the men at a disadvantage who pay their
bills, because they never expect to meet theirs. Therefore, they are
conducting a dishonest enterprise, and as far as this newspaper
institution is concerned they can never have its support.
T
HE same might be said of dealers whose credit is not good
enough to buy a suit of clothes in the town where they re-
side, and yet through some sort of hypnotism they secure on credit
pianos worth thousands of dollars. These they put out on all sorts
of prices and terms which have a tendency to demoralize legitimate
trade, for local competitors who are engaged in honest enterprise
cannot meet a kind of competition that pays no heed to maturing
obligations. It is well that this line of competition in both the
manufacturing and retail departments is steadily decreasing and
the quicker it is snuffed entirely out of existence, the better it will
be for the future of the industry.
T
HE campaign which has been conducted by The Review for
the establishment of national retail prices by piano manu-
facturers, has been steadily increasing in interest until to-day many
agree with this publication that it is the one great subject of vital
interest to the trade.
Why should piano manufacturers hesitate to place prices upon
their instruments at which the public can purchase them, when by
such a move they, crush out completely misrepresentation and fraud
which is known to exist in many sections of the country?
When the manufacturers themselves come out boldly and place
retail pricings upon their instruments it will establish at once the
real status of every piano, and a dealer cannot buy a cheap piano
say at wholesale for $90 or $100 and charge $300 for it. A cheap
piano is all right as a cheap piano, but.it should not be sold out of
its class, and when once the move is made to place correct pricings
upon all instruments, the line of demarcation is cleancut between
the cheap, medium and high priced instruments. The question of
grading is settled once for all.
N
O doubt during the next year there will be accentuated in-
terest in this great price issue, and sooner or later its general
adoption must come, for without it in a few years, the medium
priced instruments will have lost their definite position, and the
whole business will be fused into a general business of get what
you can for every piano, save, of course, some of the old and famous
products which must always hold a definite position.
I
T must be admitted that clean business methods have been gen-
erally observed the country over, so far as this trade is con-
cerned. Of course, there have been sporadic cases where correct
business methods have been violated to a certain extent by local
dealers, yet familiar as we are with the trade history for two
decades, w r e can say that there has been no year in which the trade
as a whole has been as free from misrepresentation and fraudulent
acts as the present. There have been few cases of the stool pigeon
advertising; few cases of dealers securing through surreptitious
means, pianos carried by competitors which they have offered at
slaughter prices. It must be admitted that the piano business as a
whole has conformed to better business rules, and as a result the
year closes with few broken reputations and few disgruntled ones
on either side of the trade fence.
T
RADE journalism, too, has on the whole been maintained on
a high plane. W r e have always claimed that unclean jour-
nalism could never long exist in a clean trade, for journalism un-
erringly reflects the inner life of any industry of which it is a
special exponent. Dishonest journalists will fatten upon the weak-
nesses of men, and when that weakness does not exist they must
be forced to conduct business along better lines, of close down.
While enterprise may be lacking in individual cases, the music
trade press as a whole has shown improvement, and this against a
steadily rising tide of cost, because it must be plain that the cost
of publishing has vastly increased during the past twelve months,
so that the publishers have problems of their own to solve as well
as have the manufacturers.
T
HE directing forces of this newspaper institution have en-
deavored to make betterments wherever possible, and to
remedy any defects which may have existed in any of our special
departments. It has been our aim to render to advertisers and sub-
scribers the largest values consistent with the investment placed
with us. Our friends have exhibited great confidence in the influ-
ence of this paper, and it has been our earnest endeavor to see that
that faith was not misplaced, and to make The Review a stronger
power for trade good. Along these lines only can we hope to win
permanent success, and we cannot pennit the curtain to fall on the
old year without expressing our appreciation of the confidence re-
posed in us, and extending a hearty new year's greeting to our
friends everywhere. May the American music trade thrive and
prosper.
I
T is said that California is going to have a fair in 1912 to cele-
brate the opening of the Panama Canal.
We hope that this report is not true, for this fair business is
becoming a trifle overdone.
The Alaska-Yukon-l'acific Exposition—a World's Fair for
1909, to cost ten millions—is now being exploited at Seattle, which
classes itself the Queen City, and is said to have raised $650,000
for the enterprise in one day. It is proposed to open the fair
June 1 and close it October 15, three years hence.
The primary purpose of the fair is to exploit the resources
and possibilities of Alaska, Yukon and the Pacific Northwest.
The question whether world's fairs are more of an advantage
than a detriment has often been discussed, and several civilized
countries decided after the Paris Exposition that the St. Louis
should be the last "international." The United States Govern-
ment made an exception to celebrate the landing of the "colony"
at Jamestown.
Taine, the great philosopher and critic, said: "Nothing is
becoming that is not habitual." We might paraphrase this trite
saying and apply it to world's fairs. We might say nothing is
profitable or permanently advantageous in a business sense that is
too sudden, too overwhelming and too short in duration.
In these days of graft and get-rich-quick concerns world's fair
schemes are perhaps the biggest examples. The place where it is
•held is temporarily overbuilt and overcrowded with visitors who
put up often with miserable accommodations and go away dis-
gusted, having seen little that they remember and nothing perhaps
of any permanent benefit to them. All sorts of schemers and gam-
blers and fakirs and thimbleriggers gather in the town in droves
and often give what was hitherto a respected and honest com-
munity a blight that it takes years to overcome.
While splendid individual exhibits have been maintained by
piano manufacturers at Buffalo and St. Louis, Chicago marks the
last great fair when piano men were strong, numerically.
T
HERE is another side to the Exposition story, and that is its
vast educational influence upon the whole people. That can
hardly be estimated in dollars and cents, because it is lasting and
it benefits the nation. Then, too, great expositions in many cases
work out a direct benefit to the cities where they arc held. Take
in the case of St. Louis, for instance, instead of the predicted stag-
nancy at the close of the Fair, St. Louis has had the biggest boom
in its history. The city has grown tremendously, and its manu-
facturing and wholesale interests have expanded at a rate never
dreamed of by the wildest St. Louis boomers. The influence of
that Fair is felt not only in St. Louis, but in the West and South-
west, where the people had an opportunity of visiting the great
Exposition and feeling its full educational powers. This new ex-
position which is talked of in the Northwest undoubtedly will have
a healthful effect upon that region,

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