Music Trade Review

Issue: 1907 Vol. 44 N. 1

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
REVIEW
THE
JiUJIC TIRADE
VOL.
XLIV. No. 1.
Published Every Saturday by Edward Lyman Bill at 1 MadisonAvc, New York, January 5,1907
SINGLE COPIES. 10 CENTS.
$8.00 PER YEAR.
BEST GRADES OF PIANOS IN DEMAND.
GROWTH IN CAPEN POPULARITY.
TRIBUTE TO L. M. IDE
O. A. Gressing, the Strich & Zeidler Ambassa-
dor,
Reports
Encouraging
Conditions
Throughout the West and South—Money Is
Plentiful and the Trade Prospects All That
Could be Desired.
The Brockport Piano Mfg. Co. Close a Year of
Great Prosperity—The Clever Work of Geo.
A. Witney Manifest—A Great Plant Ad-
mirably Equipped in Every Respect.
Paid by His Old Associates in the Farrand Co.
Presented With Beautiful Set of Jewelry.
O. A. Gressing, the wholesale representative
of Strich & Zeidler, who has been on the road
since last September, returned to the home office
at 132d street and Alexander avenue a week ago,
and in commenting on the condition of the piano
trade as he found it in all parts of the country,
said to The Review: "I find a steadily growing
tendency toward the best grades of pianos, and
have had no difficulty in taking orders, and some
pretty large ones, for the house that I represent.
Money has been plentiful in all sections of the
West and South and all of the" dealers that I
have come in contact with have been doing the
best trade in their history. Wherever pianos
are sold there is always a good percentage of
the customers who regard a piano as an invest-
ment that is to last them a generation at least,
and recognize the fact that a few hundred dol-
lars more will secure them the best that the
market affords. Dealers also recognize that they
are the most profitable instrument to handle,
for as a rule the purchasers pay cash, or make
large payments, and there is practically no risk
that they will come back because they do not
stand up to the guarantee. I look for a good
business for all of the coming year, and will be
surprised if it does not surpass the one just gone.
I think the stocks on hand will be pretty well
worked off by the time the salesmen get out on
the road. In regard to question of advancing
prices, it is a delicate one for the salesmen to
broach, but I suppose that the dealers will be
prepared for anything, although they will make
some very strong protests. I believe, however,
that it will be a matter that will be adjusted
without any hard feelings one way or the other."
TO DEVELOP FOREIGN TRADE.
A convention for the extension of the foreign
trade of the United States has been called to
meet at the New Willard Hotel in Washington,
D. C, on January 14, under the direction of the
New York Board of Trade and Transportation.
It is claimed by the majority of those in a posi-
tion to know whereof they speak that the failure
of American manufacturers to capture a greater
portion of foreign trade is due to plain ignor-
ance of conditions in that field, and whatever
resolutions are passed by the convention, its best
work must come from the more tangible idea
which some of the delegates will gain of what
foreign trade really means. Ignorance, and the
train of other sins that follow close on its heels,
constitutes the worst enemy of American export
trade. And if the convention helps to spread
the plain, old truth that foreign trade is a thing
to be won and not a thing to be picked up it
will have more than justified itself.
The piano store of Beyerly & Croop, Goshen,
Ind., was destroyed by fire last week, but most
of the pianos were saved.
The Brockport Piano Mfg. Go., of Brockporl;
N. Y., have just closed one of the greatest years
in their history; not merely in the matter of
output but in increased prestige gained through
their agency connections in widely separated sec-
tions of the country. During the past year they
have placed a number of very attractive styles
on the market, which have been conscientiously
made and possessed of a tone quality which has
highly pleased both dealers and purchasers.
The growth of this company, which has been
steady and vigorous, is a tribute to the able
THE UltoCKPOTIT 1'IVNO MIG, CO 'S FACTORY.
administration of Geo. A. Witney, the secretary,
superintendent and general manager. A thor-
oughly practical piano man is Mr. Witney, who
possesses in addition great executive ability as
well as a thorough knowledge of trade require-
ments, and he has been able to supply Capen
pianos in such styles and of such a grade as to
meet the exacting requirements of the most
critical.
From the very earliest days Mr. Witney real-
ized that there was only one way whereby he
could win trade approval and support, and that
was by supplying a piano which would not be
merely satisfactory, but which, by reason of its
intrinsic musical merits, should be its own best
advertisement, and so command support for the
makers and for the dealers handling it. That
he has accomplished all he set out to do is evi-
dent from the great development of the business
of the Brockport Piano Mfg. Co. during the past
year, and the splendid condition in which they
are placed, to enter the great trade battle for
1907.
The plant occupied by this company at Brock-
port, N. Y., is splendidly equipped in every re-
spect, and, as can be seen from the illustration,
is laid out to afford the best of light, air and
pleasing surroundings for those engaged in
manufacturing the Capen piano.
One of the important moves from a local
standpoint in connection with the Capen piano
was the placing of the agency of this instru-
ment with the well-known house of Wm. A. Pond
& Co., for New York City, as reported recently
in The Review. This, however, is only one of
a number of important moves whereby the Capen
is destined to become a more important factor
in the trade in the near future.
"The Record," published by the Farrand Co.,
Detroit, Mich., in its latest issue says: Mr. L.
M. Ide, wtio has occupied the position with us of
sales manager for the past six or seven years,
and who previous to this time was employed in
our office, severs his connection with the Far-
rand Co. on January 1st. He goes to New York
as vice-president and manager of the Laffargue
Co.
Although it is only within the past two years
that we have been manufacturing pianos, yet as
our sales manager in marketing the Cecilian
piano player, as well as the Farrand organs, Mr.
Ide has become acquainted with practically all
of the music dealers in the country and has thus
built up a foundation which will undoubtedly
make him a very valuable acquisition to the Laf-
fargue Co.
The office employes of the Farrand Co. on
the Saturday preceding Christmas, presented Mr.
Ide with a very beautiful set of jewelry, includ-
ing collar buttons, studs and sleeve buttons, as
an expression of the esteem in which he is held
by those who have been closely associated with
him for years past, and as earnest "God-sp&ed"
to him in his new venture.
The Record also wishes to add its heartiest
good wishes, and to express its confidence in
Mr. Ide's ability to fill, with entire satisfaction,
the high position to which he has been called.
TOOK ORGAN WITHOUT PAYING FOR IT.
(Special to The Review.)
Port Huron, Mich., Dec. 31, 1906.
On a charge of embezzling an organ valued at
$40 from the Patterson Music Co., of this city,
John Osborne, residing at St. Clair, was arrested
in Akron, O., last week, and brought here for
trial.
Osborne, it is claimed, bought an organ, valued
at $65 from the music company over a year ago,
and later moved it to Toledo without paying for
ii. Manager Coulter, of the music company,
made the complaint against him.
TO MANUFACTURE PIANOS IN NEW YORK.
De Rivas & Harris, who have been conducting
a piano business on West 116th street, New
York, for some time past have leased a factory at
82 Willow avenue and will begin manufacturing
soon after January 1.
WILL REMOVE TO THE NEW BUILDING.
Both the Cable Piano Co. and Charles M. Stieff
will occupy stores in the new Lowenberg build-
ing now in process of erection on Granby street,
between Brooke avenue and Fazewell street, Nor-
folk, Va. The stores in the building, of which
there are four, will be ready for occupancy early
next year.
Frederickson & Turnell will shortly open a
music store in Enid, Okla.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC .TRADE
REVIFW
EDWARD LYMAN BILL, - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorlal Staff:
QBO. B. KSLIXB.
W. N. TYLEK.
F. H. THOMPSON.
BMILIB FBANCSS BAUM.
L. BJ. BOWERS. B. BBITTAIN WILSON, Wir. B. WHITE. L. J. C H I K B I K U N . A. J. NICKLIN,
BOSTON OFFICE:
CHICAGO OFFICE:
E. P. TAN HARLINOBN, 195-197 Wabaab Are.
TELEPHONES : Central 414 ; Automatic 8643
MINNEAPOLIS a n d ST. PAUL:
ST. LOUIS:
L. WAITT, 278A Tremont St.
PHILADELPHIA :
R. W. KADFFMAN.
CHAS. N. VAN BUBBN.
A. W. SHAW.
SAN FRANCISCO: Kohl Building
CINCINNATI. O.:
LONDON, ENGLAND:
NINA PUGH-SMITH.
69 Basinghall St., E. 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 pottage), United States, Mexico, and Canada, 92.00 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 ; opposiLe
reading matter, $76.00.
REMITTANCES, In other than currency form, should be made payable to Bdward
yyman Bill.
Directory ol P I — o
The directory of piano manufacturing firms and corporation*
'
I
:
found on another page will be of great ralue, as a reference
MinuUdurtri
f o r d e a l e r B a n d others.
Exposition Honors Won by The Review
brand Prix
Paris Exposition, 1900
Silver Mtfdal.Charleston Exposition, 1902
Diploma.Pan-American Exposition, 1901
Gold Medal..St. Louis Exposition, 1904
• _
Gold Afedot.Lewls-Clark Exposition, 1905
LONG DISTANCE TELEPHONE—NUMBER 1745 GRAMERCY
Cable mddresa: "Elbill N e w York."
NEW
YORK, JANUARY 5, 1907
REVIEW
will move at an accelerated pace. There is no between seasons
now in this industry, and every manufacturer realizes that the de-
mand for instruments will be continuous and ever-increasing.
With a hundred and thirty millions of dollars in dividends dis-
tributed to people in the various walks of life during the month of
January, it will mean at once a stimulus to business in every city
in the land, and with more than a hundred millions increase in the
payroll of 1907 over that of the past year will add materially to the
ability of the people to purchase what they will.
T
HERE is nothing on the business horizon to cause even the
faintest attack of pessimism. It is prosperity all about us.
It does seem deplorable that in such days of plenty and prosperity
citizens of this country should suffer cold, and hunger because of
the railroads' inability to transport sufficient supplies of fuel and
food. Piano men and all other manufacturers have suffered in-
convenience on account of the shortage of freight cars, and when
we consider the shortage of food and fuel during the cold winter
months, the condition at once reflects severely on the foresight and
ability of the managers of our great railroad systems. When farm-
ers are reduced to the necessity of burning their fences and that
because of the inability to handle grain; wheat has lain on the
ground while farmers who have attempted to dispose of their prod-
uct have been compelled to haul it back from the shipping points
to which they have taken it.
S
UCH conditions as named above of course materially injure
retail trade in sections which are so seriously affected, and it
is to be hoped that the investigation made by the Interstate Com-
merce Commission will result in fixing the responsibility of bad
railroad management which has led to such a distressing, not to
say disgraceful, state of affairs-. t
T is presumed that we will have a more elastic condition of
finances within the near future. The bill, which is before
Congress,
and which has been advocated by the American Bankers'
EDITORIAL
Association, is liable to pass.
The bill which is to be favorably reported by the committee
HE curtain has fallen upon the old year, and a mighty good
also provides that National banking associations desiring to take
year it has been, too, in every division of trade. In fact, it
out credit notes and having notes outstanding in excess of 62^2
has been a bumper twelve months of American industrial history. per cent, of their paid-up capital may redeem such excess without
Piano manufacturers and dealers have shared generously in the reference to the limitation of $3,000,000 each month now prescribed
widespread prosperity, and the industry has developed at a surpris-
by law.
ing rate. How the old timers would smile to think of turning out
The bill also provides that the National Bank guaranteed credit
in a single year 265,000 pianos. Some of them thought that piano
notes authorized by the bill may be taken out for issue without a de-
factories would be out of existence by 1907—that the demand would
posit of United States bonds, as is now required by law, the notes to
be entirely supplied, and still the industry goes on by leaps and
be of form and denomination designated by the Controller of the
bounds; probably this year the output will reach close to 300,000, if
Currency.
it does not exceed it.
F the measure is passed, as reported, every National bank which
r
I '"HE piano industry has grown steadily in importance, not only
has been in business for one year and has a surplus equal to
X in the character of its goods, but in values as well. We have
20 per cent, of its capital will be permitted to issue emergency or
ceased to wonder at a single factory turning out five thousand in-
credit currency in the sum of $37,500 for every $100,000 of its
struments annually, for now we have advanced far beyond that
capital. The amount of additional currency that will thus be
point, and we have single corporations whose piano producing power
afforded is estimated by bankers at $200,000,000.
annually reach fifteen thousand instruments. Years ago a few
It seems an absurd condition in a country so rich as this that
hundred pianos was considered a good output for a single factory,
business interests should be hampered in the slightest by a con-
but now everyone is striving for numbers. Output is slogan of
traction of currency. What a condition we would be in if the
many, and with some of the additions which are being made to
business of the country had to be conducted with actual money
factory plants, it is certain that the productive capacity will be
instead of checks and drafts as legal tenders. Nearly every manu-
vastly increased during the present year.
facturer and merchant in this country makes payments and receives
payments
in checks, thus relieving an enormous strain upon the
HERE seems to be, too, a steadily growing demand for pianos
National
currency.
If this whole system were changed about what
which keep ahead of the producing power. People outside
a
panic
almost
would
be created within a very brief time.
of the trade ask with wonder when they are told of the combined
output of the piano factories of this country in a single year, where
HE first of the year is a pretty good time for retrospective and
all of the pianos go? Who buys them? Might as well ask who
prospective views, and there is hardly a business man who
buys the watches. A watch lasts a long time, and still the factories
cannot, by close examination, discover some defects in his system,
can't produce them fast enough to supply the demand, even though
their producing capacity is enormous. We are a great country, and and the wise men will without delay take the steps necessary to
correct the deficiencies. Business must change with the times, and
with the vast purchasing power which we have, there is no limit to
sometimes a radical change is necessary in the conduct of a busi-
the possibilities of pianomaking and closely allied trades.
ness to accommodate itself to competition. A business man must
be ever at work. He can never rest upon laurels won. It is
IANOMAKERS are stocking up with supplies as rapidly as
change, constant change, which is another name for progress.
they can, which means there is going to be none of the usual
There can be no resting by the business wayside.
slackening up in January. On the contrary, the wheels of industry
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