Music Trade Review

Issue: 1915 Vol. 61 N. 16

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
VOL.
L X I . N o . 1 6 Published Every Saturday by Edward Lyman Bill at 373 Fourth Ave., New York, Oct. 16, 1915
U
SING
$^OO C PER ES VEAR CENTS
NDENIABLY there is a steady rise of cost in the conduct of manufacturing and retailing.
In all lines of business this condition is obvious, and the expenses of living are also moving
upwards all the while. Taxes are mounting as the costs of the administration of our public
affairs increase.
Talk with the most advanced thinkers in every industry, and they will frankly admit that they can
see no halting in this move.
Crude machinery and methods of years ago have been superseded by labor saving machinery and
more efficient apparatus, but notwithstanding these modern creations, it is costing more to produce
to-day than ever. And, with the economic waste which is going on in Europe, it is certain that raw
materials will steadily advance, and no man can predict where the end will be.
In spite of these conditions, which are recognized by industrial leaders, we have men who believe
that business permanency may be won on purely a price basis.
It seems to me that in the piano trade, of all trades, this argument cannot win out permanently.
The argument of price against quality to my mind is one which will only win temporary success for
anyone.
There is a limit, even with perfect factory system, to what may be produced for a specified sum.
If the quality slogan were emphasized instead of price, I feel confident that there would be fewer
failures in the trade.
To read some of the advertisements of the cut-raters over the country, one would almost believe
that it cost littl'j or nothing to manufacture pianos and less to sell them. It costs much to build
reliable pianos, and it costs a good deal to market them. Therefore, to encourage the belief in the
minds of the public that dependable instruments may be bought for trifling sums, is to encourage a
belief which will operate detrimentally to the future of the piano business.
We have seen some publicity put forth which was not only a disgrace to the forces producing it,
but a serious reflection upon the entire piano business.
If all advertising were based on the educational or quality argument, it would be very much
better for the interests of e\ery one, and would place the industry upon a plane which it wculd be
impossible to shatter in any way.
Usually the men who have cultivated the element of cheapness in the piano industry have been
those who have sought to build up enterprises on the basis of quantity, hoping that in some way the
gods of fortune would enable them to get by with their proposition; but invariably such institutions
end in ruin, and their final smash-up naturally affects those with whom they have been associated in
a business way.
It is pretty safe to stand by men who believe in maintaining a quality standard.
It is a policy which means business stability, and there is a limit in price cost beyond which
the most gifted factory manager cannot go. The possibilities of reducing cost by refining
equipment perhaps have not been all exhausted, but in the piano industry there is a limit beyond
which it is dangerous to advance.
In some industries which have the advantage of simplicity in large volume of production of
one standard product it may be possible to reduce cost, but with the advance which is bound to
come in basic metals, such as iron, copper and brass, as well as felts and other products which
(Continued on page 5.)
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE
MUSIC TRADE REVIEW
REVIEW
EDWARD LYMAN BILL - Editor and Proprietor
J. B. SPILLANE, Managing Editor
Executive and Reportorial Staff:
B. BKITTAIN WILSON,
A. J. NICKXIN,
CARLETON CHACK,
AUGUST J. TIMPE,
BOSTON O F F I C E :
JOHW H. WILSON, 324 Washington St.
Telephone, Main 6950
L. M. ROBINSON,
WM. B. WHITE,
GLAD HENDEBSOM,
L. E. BOWEI.S.
CHICAGO O F F I C E :
E. P. VAN HARLINGEN, Consumers' Building,
220 So. State Street. Telephone, Wabash 5774.
HENRY S. KINGWILX, Associate.
LONDON, ENGLAND: 1 Gresham Buildings, Basinghall St., E. C.
NEWS SERVICE IS SUPPLIED W E E K L Y BY OUR CORRESPONDENTS
LOCATED IN T H E LEADING CITIES THROUGHOUT AMERICA.
Published Every Saturday at 373 Fourth Avenue, New York \ . "
Entered at the New York Post Office as Second Class Matter.
SUBSCRIPTION (including postage), United States and Mexico, $2.00 per year;
Canada, $3.50; all other countries, $5.00.
ADVERTISEMENTS, $3.50 per inch, single column, per insertion. On quarterly or
yearly contracts, a special discount is allowed. Advertising pages $110.00.
REMITTANCES, in other than currency forms, should be made payable to Edward
Lyman Bill.
Departments conducted by an expert wherein all ques-
tions of a technical nature relating to the tuning, regu-
lating and repairing of pianos and player-pianos are
«T
dealt with, will be found in another section o this
paper. We also publish a number of reliable technical works, information cone rning
which will be cheerfully given upon request.
Player-
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Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900 Silver Medal.. .Charleston Exposition, 1002
Viploma... .Pan-American Exposition, 1901 Gold Medal
St. Louis Exposition, 1904
Gold Medal. .Lewis-Clark Exposition, 1905.
1OJTCI DISTANCE TELEPHONES—NUMBERS 5982—5983 MADISON BQ.
Connecting all Departments
Cable liddreas: "Elbill, New York."
NEW
YORK,
OCTOBER
16, 1915
EDITORIAL
RADE conditions in the music trade field, as well as in all
lines of industry, continue to show rapid improvement, and
there is widespread strengthening of confidence in the future.
This feeling has been intensified by the Government reports on
crop conditions just issued, which tell the inspiring story that
for the first time in the history of the United States the wheat
crop yield will be over a billion bushels, while bumper crops of
the cereal "Big. 3"—wheat, corn and oats—are predicted. The
cotton crop will greatly exceed 3,000,000,000 bushels, and 1,500-
oco.ooo bushels of oats is estimated. This is certainly a showing
which tells of prosperity with a capital P ; and means that a good-
ly share of the profits in the farmers' pockets should wend their
way into the music trade industry. In the South there is also a
distinct improvement, for that section has raised a grain crop more
profitable than the most valuable cotton crop ever picked, some-
thing never before imagined.
In every line of business there is a distinct quickening, all
pointing to a new era of prosperity. Financial reviews this week
are all couched in the most optimistic strain. In this connection
Dun's says:
"Current trade reports reflect the best conditions and pros-
pects in many weeks, few obstacles to progress now being in evi-
dence. Removal of important restraining influences imparts need-
ed stimulus to new enterprise and launching of many deferred
undertakings attests the confidence in the future.
"Broadly considered, the mercantile situation is steadily ap-
proaching a state of normal activity, while boom times have re-
turned in iron and steel, and other industries, with few exceptions,
are participating in the general expansion. The present outlook
affords a striking contrast to that of a year ago, when economic
depression was worldwide, and the demonstrated ability of this
country to meet and overcome the most perplexing problems has
had much to do with creating the optimistic sentiment that is now
everywhere manifest."
It is now up to the piano manufacturers and dealers to arouse
themselves to a full realization of the conditions that confront them
and get busy by bringing their products to the attention of the pub'
T
lie in a manner that will stimulate a fair measure of that activity
which has been too long absent in this industry.
O
F late we have observed in a number of papers advertisements
which give rise to the belief that the coupon-guessing
scheme is again coming to the front in some localities.
We have before us a check for $195 which a Western piano
company has given to one of the "successful contestants'' in a
guessing contest. This is good to apply on thj piano purchased.
We might say in passing that the cash dividend in this case
amounted to eight cents.
Naturally, when nearly $200 is given away for the successful
solution of some puzzle which might possibly disturb the brain of a
five-year-old boy to solve, the logical question is how much was the
price of the piano elongated to meet with this condition.
How can any piano merchant lower his price $195 on a single
piano in a manner like this and hope to have the people respect his
methods of doing business?
Can the people in localities where such methods are in vogue
be blamed for looking upon the piano business with grave suspicion?
There is another concern that is traveling around the country
appearing in various sections offering new pianos at absurdly re-
duced rates.
This company purchases a large amount of space in the various
towns where it opens up and exploits piano illustrations showing
enormous reductions down to as low as $37. In the cuts are shown
leading makes on th? "was-is" plan so that the readers would be
tempted to swallow some of the alluring bait offered.
It seems as if there is a pretty good opportunity for the
National Association of Piano Merchants to make some investiga-
tion regarding advertising methods.
I
T is estimated by William Woodhead, of the Advertising Clubs
of the World, that over $600,000,000 was invested in adver-
tising of various kinds in this country last year. This is absolute
and final proof, not only of its marvelous growth, but of the won-
derful results achieved.
Gerald Stanley Lee, author of that very remarkable and worth-
while book, "Crowds," says: "Success in business in the last
analysis turns upon touching th: imagination of crowds. The rea-
son why preachers in this present generation are less successful in
getting people to want goodness than business men are in getting
them to want motor cars, hats and Pianolas, is that business men
as a class are closer and more desperate students of human nature,
and have bowed down harder to the art of touching the imagination
of crowds." That is what advertising does—it touches the imagi-
nation of crowds, and that is why successful advertising is de-
pendent on a knowledge of human nature.
The time has passed for giving serious consideration to the
man who does not believe in advertising, aptly remarks Mr. Wood-
head. Advertising is as much a part of to-day's life as the tele-
phone, the trolley car or the automobile. There is nothing magical
or mysterious about it, and the greatest advertising successes have
been due to the plain use of common sense applied with a knowl-
edge of human nature, with the resulting creation of desire—the
art of touching the imagination of crowds.
Why is it that advertising has become such a powerful factor
in the business life of to-day? Why is it that it stands on a much
higher plane than it did a few years ago? Because in its early
days advertising was unworthily used in the promotion of many
sorts of fraud, and people looked askance upon things that were
advertised. But nowadays it has acquired a new dignity and new
strength, and the better publishers and better agencies are all con-
centrating their efforts in the direction that means more power and
more credit to advertising. American business is facing a better
day; the national conscience has been quickened, with the result
that sincerity and honesty pay bigger dividends than ever before.
And so it has come about that advertising men are the apostles of
business.
H I N K often of the things you do well in your business and
by some subtle alchemy the things you do not do well will
be transmitted into things of the first class. And this is even pos-
sible in the piano business.
T

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