Music Trade Review

Issue: 1908 Vol. 47 N. 16

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE
REVIEW
What Dealers Say Concerning Trade Conditions. <*
great extent, therefore, there are not many men
idle in our locality.
We have noticed that our collections were a
little slower this year than usual, but find that
they are improving now. We are anticipating
the largest business this fall that we have seen
in this locality.
C. A. HOUSE, Wheeling, W. Va.
I think the fall trade will be about 25 per cent,
less than last year. Repossessions have prac-
tically ceased. Only about half of the men in
this locality are employed, but the number is on
the increase. Collections are improving, and I
am looking forward to a decided but gradual im-
provement in business.
N. M. BRADLEY, Rutland, Vt.
Present indications are that our fall trade this
year will not be as good as in 1907. I know of
no reason why there should be more than the
usual number of repossessions this fall. We have
repossessed very few pianos this year and al-
ways try to keep our trade on a basis where the
cases of repossession are very small. Men in the
factories in this territory are not generally em-
ployed. Probably not more than 50 per cent, of
the usual number. We feel that there will not
be a substantial return of normal conditions be-
fore the spring of 1909, and while there is some
business all the time, there is a very decided
falling off from the September of 1907. We read
in the trade papers that business is improving
all over the country, which is undoubtedly true.
We, however, have not felt the stimulus yet, al-
though we feel confident everything is coming
around all right.
THE B. DREHER'S SONS CO., Cleveland, O.
We do not think the fall trade of this year will
be as good as in 1907. The repossessing of
pianos has not ceased An this locality. The men
are not generally employed and there are a large
number without employment at present.
The collections are not as good as they should
be. While the trade for the latter part of this
month is better than it has been for some time
we cannot see how there can be any marked im-
provement in the business until laborers and
others get full time employment.
THE BENNETT PIANO CO., Warren, Pa.
We believe that the fall trade will depend very
largely upon the outcome of the coming Presi-
dential election. I am not looking for a very
satisfactory October, but believe that if Taft
is elected things will start up so as to en-
courage active buying during the latter half of
November and December.
We do not believe that the coming three months
will equal that of 1907, nor do we care to offer
an optimistic prediction until after November 4.
While our factory has been running full during
the entire year, it has nevertheless taken twice
the effort to dispose of the output that would be
required under favorable business conditions.
We are inclined to think that predictions for the
future would at this time be rather premature.
There is no question, however, but that there is
a perceptible improvement all along the line, and
if not confronted with any further disturbing
element, there should be no reason for hesitating
to prepare for increased business.
However, we are determined to wear our con-
servative clothes for a while yet and are very
hopeful that by the end of the year we will all
be enjoying at least normal conditions.
J. H. TROUP MUSIC HOUSE, Harrisburg, Pa.
We do not think this fall trade will near meas-
ure up to the fall of 1907. Repossessions have
not ceased, and will not until the working class
of people get regular employment. About two-
thirds of the men are out of employment in our
vicinity, and the other one-third is not working
on full time. Collections have not improved the
past three months. I have not a very optimistic
view of the near future trade, for at least six
months
Sorry that we cannot see more good business
for the future, but conditions have not changed
in the least in this section.
BOARDMAN & GRAY, Albany, N. Y.
Notwithstanding the general depression of
business during the past year we are very glad
to say that we have enjoyed a good proportion of
our usual business. We have found the larger
dealers are disposed to do more with the high
grade instruments and are seeking such at a fair
price, with the result that we have not been
compelled to shut down our factory within the
past year and our business for the past two
months has been extra good. During the sum-
mer months in our retail department we have
had our usual amount of business and are en-
joying all we can expect from this department.
HIRAM HERMAN, Chambersburg, Pa.
Business of all kinds is not so awfully bad.
Among the laboring class it is going slow.
The farmer is O.K. Business outlook for the
fall and winter is good. But if Bryan is elected
no telling where we will land. Our shops here
are about 40 hours a week, against 58 and 60
when times are good. Our machine trade is
good; collections slow, but still come along faster
than Bryan's mule. Organ trade is slow. So
with pianos. We can scatter them over the coun-
try and sell, but wait a big' long time for the
money. All will be O.K. if Bryan is landed up
Salt River forever.
CRESSEY & ALLEN, Portland, Me.
This year has been extremely slow and we do
not expect the remaining months to be equal to
1907. We do not expect to repossess many more
pianos. Men are generally employed in our city,
but some of the nearby manufacturing towns are
not entirely settled. Collections are normal. We
view the future of the trade optimistically.
We look for a gradual, although not sudden,
change in business for the better. We think
that people of moderate circumstances have got-
ten behind considerably in the last eight or ten
months and that it will take them some months
of good business to recover, hence we do not ex-
pect a radical change for the better in our line
at present, but expect slow but sure improve-
ment.
EDMUND BEVAN, Wilkesbarre, Pa.
I am positive the fall won't be as good in this
section of the country as it was in 1907, because
our main industry here is the coal mines and
terms of agreement between the operators and
the miners' union expires in February next, and,
of course, talk of strike is going the rounds;
my opinion is there will not be a strike, but the
people won't want to buy a piano until they are
sure there will not be a strike.
The people are working better time now this
month than they have for the past seven months.
I find collections are getting somewhat better. I
also think that repossessing pianos has about
ended.
PASADENA MUSIC CO , Pasadena, Cal.
It is with pleasure that I reply to your request
in regards to the business outlook for the en-
suing fall. As it is not our usual time for liven-
ing up yet, it is just a little difficult to tell how
business will compare with former years, but
we have been ordering quite heavily at the fac-
tories, which means, of course, that we intend
selling some pianos.
In Los Angeles and Pasadena both, positions
of all kinds have been very, very scarce indeed,
but as business regains its equilibrium we ex-
pect that most of our working people will have
steady employment again, at least we hope so.
The fruit in our section has turned out excep-
tionally well, and this will help matters greatly,
as it is our mainstay.
We think that collections are improving con-
siderably, and will not hesitate to accept time
sales as fast as they come in.
PEAKE & FRIEDEL PIANO CO., Wheeling,
W. Va.
Trade has been very slow. We don't expect a
heavy rush this fall for the reason the mills and
different works have no sign of opening up.
A. B. FELGEMAKER, ERIE ORGAN CO., Erie,
Pa.
The fall trade for this year is now beginning,
in our estimation, to compare favorably with the
same period last year. Our work is entirely con-
fined to church organ building. In other busi-
nesses than our own, there has not been much
improvement in this vicinity, so far as employ-
ment of men is concerned, and those connected
with the iron and steel industries are many of
them still looking for a position. Collections are
fairly good and our individual view of the trade
for the future is decidedly optimistic. Our busi-
ness is scattered all over the entire United States,
so that we cannot say that we have been ham-
pered by the slackness in districts influenced by
the iron and steel industries.
JULIUS A. J. FRIEDRICH, Grand Rapids, Mich.
I firmly believe and can safely say that busi-
ness has increased a little and the conditions are
somewhat improved, but I do not look forward
to a large trade this fall or winter. The labor-
ing class has been employed on short hours for
the past year and in view of the fact that we
are again facing another winter with increased
living expenses, we cannot look for a large trade.
Farm products are bringing a very good price,
but how are the laboring classes going to buy
the common necessities of life when they are
working on short time and are confronted with
the heavy expenses of the winter months? I
look forward to a reasonable amount of business,
but I do not look forward to a large trade, espe-
cially in this locality, as it is not in sight.
JOHN C. MORRISON, Reidsville, N. C.
After viewing the business situation, I find
that things have very much improved, that is to
say, that the situation has very much improved
for a good trade this fall; the farmers have good
crops and the prices are very good. Our factories
are all running on full time, and we have every
indication of better times.
E. M. HICKAM, Norton, Va.
The outlook for the fall trade is good and as
for collections the past six months it has been
rather slow, but not so much in the piano busi-
ness as in the furniture business. The piano
trade in this part I think I can safely say never
dropped off 10 per cent, since January in sales,
but I must say that we have worked the piano
trade harder than last fall and the business was
confined to the rural districts more than before
and as for repossessions there have scarcely been
any in this part; there was only a suspension of
collections for a while.
CLARK & JONES, Knoxville, Tenn.
We are very well pleased with our business
since September 1. We hope to hold our busi-
ness for the balance of the year very close to
1907, but it is going to take much harder work,
much more advertising and "scheming" in gen-
eral to do so.
An opinion from us on the subject of repos-
sessions would be of no value, for we have done
practically no repossessing whatever.
Regarding labor, will say unskilled labor is
fully employed by reason of abnormally exten*
sive municipal improvements we are making.
At the beginning of this work in the spring an
attempt was made to reduce wages from that of
last year, but on account of the big demand,
wages for unskilled labor soon got back to the
1907 basis. Skilled labor has, of course, been
more or less idle through reason of the reduc-
tion in forces in our mills, railroad shops, etc.
We have no particular complaint to make as
to our collections, therefore our opinion as to
their probable improvement would be of no
value.
We try to be optimistic at all times, and, as
stated above, we hope for average business for
the remainder of the year, though not so easy to
get as for the past several years.
SANDERS & STAYMAN CO., Baltimore, Md.
Although' the summer has been very dull, Sep-
tember has opened up with encouragement, and
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
10
THE MUSIC TRADE
REVIEW
The Men Who Sell the Pianos are Optimistic.
we see no reason but what we ought to do a
good conservative business this fall. Most of our
factories are running on full time. We hope re-
possessions will be lessened from now on. Col-
lections are improving and the general business
of our city seems to be on tne increase.
Since our great fire of 1904 there have been a
great many millions of dollars spent for all
kinds of improvements. Most of this money has
been spent with the mechanics, so with all this
we ought to reap some benefit locally. We have
greatly improved our city and have great faith
in the future.
GERMAIN PIANO CO.. Saginaw, Mich.
We take pleasure in viewing the future opti-
mistically. Our business from July 1 has been
very gratifying in the sense that our sales have
been as large as a year ago and our initial pay-
ments better. A greater demand exists in this
locality for the higher grade goods than ev«r
before.
Our fall prospects are really bright In the
cities. We feel apprehension that the farm and
small town trade will be considerably lessened
owing to the continued dry spell and numerous
forest fire losses.
Regarding the repossession of pianos, I believe
that it rests entirely with the management of
the piano concern. Day after day we turn people
away who we really know cannot afford a piano,
but nevertheless they purchase one elsewhere.
It naturally means a repossession. We believe
in being conservative and get all the good deals
that we possibly can, and let our competitors
have all the poorer ones they want. The more
they get the quicker they are out of business.
All of our factories in this locality are now
running full time, but a good many of our pros-
pective purchasers are considerably behind owing
to their layoff and have deferred buying for the
time being.
Collections are coming along nicely at the
present. Our customers are showing the desire
to pay, and we find no cause to complain in this
regard.
We feel that the financial depression is slowly
blowing over and we look for a renewed wave of
general prosperity. Our optimism is well founded
by weighing trade and business conditions in
general, and we fully trust and believe that our
expectations will be well fulfilled.
GEO. D. JARVIS & SON, Burlington, Vt.
In our section, the fall trade will be up to the
normal. The first six months of the year trade
was not very brisk, but after the first of July
there was a decided change and August was a
very good month. We did more business in the
month of August than we have done in any
August before since we have been in business.
Our stock is clean and repossessed pianos are
sold.
The most of our trade has been from farmers,
as they seem to be guilty of having the money
this year.
Our percentage of cash sales is larger this
year than ever before. Collections have im-
proved since July 1 very decidedly.
Election does not seem to influence business
any in our territory, and nearly every one is em-
ployed at the present time.
If all the piano dealers' stock throughout the
country is in the same condition that mine was
July 1, they will simply snow the manufacturers
under with orders this fall.
more than half the business we did last year. I
think, however, that from this time on business
will steadily improve, but that the improvement
will be very slow, so far as the piano business is
concerned. I believe that repossessing pianos is
about over, as compared with the past several
months. There are very few men in our vicin-
ity who cannot get work of some kind if they are
anxious enough to secure it.
We have noticed no material improvement in
collections so far, although I hope and believe
there will be a steady improvement along this
l.ne within the next sixty days.
The hard times have made the buying public
in this part of the country very slow to invest in
anything in the way of luxuries, and I think it
will be some time before they will "loosen up"
and buy as readily as they did previous to one
year ago.
j
STERCHI BROS., Knoxville, Tenn.
We are expecting about such a fall business
as we had in 1906. There are quite a number of
idle men in this city yet. Repossessing pianos
has practically ceased. Collections are improv-
ing slowly.
THE MORRISON BROS. CO., Hickory, N. C.
We are expecting as large a trade this fall as
we had in 1907. The prospect for fall business
is right encouraging and we believe that the re-
possessions of pianos and organs will be a great
deal less than the dealer expects. All the labor-
ing men of this section seem to have employ-
ment. Collections in this state are getting bet-
ter, but we don't expect very large collections
until the latter part of November. Our trade is
improving and at the present time is good.
OLSTAD, MARKUS & CO., Minneapolis, Minn.
In reply to your circular letter we will say
that ours is largely an out-of-town business. We
find it easier to do business now than four or
five months back. The crops generally are good,
and we have the best of hopes for a good fall
business.
In this city we think that work is not as plen-
tiful as it might be, but our impression is that
dealers generally are doing a fair business. We
have not been troubled at any stage of the game
with repossessions.
BOLLMAN BROS. PIANO CO., St. Louis, Mo.
Business in our section of the country is
spasmodic. Some days there is a considerable
improvement and the next day it is just the
opposite. However, we are firm in the belief
that the fall trade this year will equal, if not sur-
pass, last year.
Our repossessions have practically ceased, and
in and around St. Louis, especially in East St.
Louis and Granite City, where thousands have
been idle, conditions are fast getting back into
normal and each day more men are put to work.
We are very well satisfied with our collections,
as they are up to the average.
KOERBER-BRENNER MUSIC CO., St. Louis.
We find a steady improvement and look for-
ward to having a better fall trade in 1908 than
we did in 1907.
As to collections, we do not find any material
improvement, in fact, our collections for the
month of September, 1908, have been less than
those of 1907.
MALONE'S MUSIC HOUSE, Columbia, S. C.
On account of short crops caused by a severe
drouth in July, the very disastrous floods in
August, the decline in the price of cotton, and
the cotton mills running on such short time, we
do not consider the outlook as favorable as it
was last year.
Repossessions will never cease as long as
pianos are sold on long time, which is usually
the case here in South Carolina.
JESSE FRENCH PIANO CO., St. Louis.
It gives me pleasure to place myself on record
as believing that we are at the beginning of
highly improved conditions.
The daily papers of this section bear testi-
mony to the employment of great numbers of
wage earners and while money is not moving
as freely as we might hope for, yet the constant
increase in daily wages paid is improving; col-
lections also. We notice marked improvement in
the cash installments and cash sales.
Business is better and we are very optimistic
over the outlook for the coming season.
ROANOKE MUSIC CO., Roanoke, Va.
So far a we are concerned, we have not done
CONROY PIANO CO., St. Louis, Mo.
I certainly believe fall trade for 1908 will far
surpass 1907. I think the returns on pianos are
practically over, and there seems to be a much
healthier condition of affairs in general. I find
collections are improving right along, and it ap-
pears there are not so many out of employment.
Strange to say, speaking of the late depres-
sion, our business so far for 1908 is ahead of
1907 for the same period, although, of course, it
would have shown a much greater increase, if
the condition of the times were different.
W. J. BAILEY, Madisonville, Ky.
The piano business is exceedingly good with
me just now and the other agents here are look-
ing prosperous, as one of them just received a
carload of organs the other day and all looks
good. I sold a little Columbia Sunday night and
Monday morning I traded a Braumuller for a
house and lot even, and Tuesday I sold a Bennett
on easy payments, so I have no kick, and, in fact,
I never kick. I ordered two Columbias last
night and one Braumuller, and one Smith, Barnes
& Strohber.
LELAND B. GORTON, Paw Paw, Mich.
The trade outlook in this section is very en-
couraging. My books show a gratifying increase
in sales for this month as compared with the
same period in 1907 and collections which have
been steadily improving for several months are
now practically normal. Repossessions are be-
coming very infrequent and in view of the re-
sumed activity in manufacturing industries and
the unusually large crops in this vicinity I am
looking forward to fall trade in a most optimis-
tic manner. Sales of the better class predomi-
nate and unusually substantial payments are be-
ing secured with little difficulty. From every
viewpoint the outlook is most satisfactory and
I anticipate the closing of an excellent year.
H. J. TURNELL & CO., Jackson, Mich.
On the whole, trade is not as good as it was in
1907. Of course, it is better now than it was
earlier in the season, but it needs to be. We find
trade very sensitive to every adverse influence.
A few hot days, the closing of a small factory, a
run on an obscure bank and such things are
seized upon by communities not directly affected
and used to drag business down still further.
Our own trade is so concentrated that we have
not found much difficulty in making collections,
so our repossessions have been few, but In some
cases we have been assured by dealers that their
repossessions had ceased because they had
reached the capacity of their warerooms.
Do we look for better times and will we have
them?
"I doubt it not and all these woes shall serve
as sweet discourses in our time to come."
WM. S. HOLLENBACK & CO., Reading, Pa.
I would say in answer to your first question
that our business in September already shows
an increase over last September of nearly twice
as many sales, and more than twice as much in
cash receipts.
Answering your second question, would say
that we are glad to report very few repossessions
—with possibly one in prospect now.
As to the third question, must answer that
many are without work and nearly all factories
are on short time.
Our answer as to collections is decidedly "yes."
As to the future, we think "it looks good," al-
though we are not taking big chances on time
sales.
THE J. T. WAMELINK & SONS PIANO CO.,
Cleveland, Ohio.
From present indications we are inclined to
believe there will be a 40 per cent, decrease in
business this fall, as compared with that of last
year. There have been a great many unemployed
during the last year and it will no doubt be a
hardship for such to meet their monthly pay-
ments, although the percentage of repossession
will be considerably less than during the months
of June, July and August. According to our
daily newspapers about 35 per cent, of the un-
employed have returned to work, which fact is

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