Music Trade Review

Issue: 1917 Vol. 65 N. 19

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Music Trade Review -- © mbsi.org, arcade-museum.com
-- digitized with support from namm.org
THE MUSIC TRADE
REVIEW
PUBLISHED BY EDWARD LYMAN BILL, Inc.
1
President, C. L. Bill, 373 Fourth Ave., New York; Vice-President, J. B. Spillane,
373i Fourth Ave., New York; Second Vice-President, J. Raymond Bill, 373 Fourth Ave.,
New York; Secretary and Treasurer, August J. Timpe, 373 Fourth Ave., New York.
J. B. SPILLANE, Editor
J. RAYMOND BILL, Associate Editor
AUGUST J. TIMPE
Business Manager
Executive and Reportorlal Stall:
B. BEITTAIN WILSON CARLETON CHACE, L. M. ROBINSON, WILSON D. BUSH, V. D. WALSH,
WM. BRAID WHITE (Technical Editor), E. B. MUNCH, A. J. NICKLIN, L. E. BOWERS
BOSTON OFFICE:
CHICAGO OFFICE:
JOHN H. WILSON, 324 Washington St. E. P. VAN HARLINGEN, Republic Building.
Telephone, Main 6950.
209 So. State St. Telephone, Wabash 5774.
• • •
H. SCOTT KINGWILL, Assistant Manager.
LONDON, ENGLAND: 1 Gresham Buildings, Basinghall St., D. C.
NEWS SERVICE IS SUPPLIED WEEKLY BY OUR CORRESPONDENTS
i M 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, $4.50 per inch, single column, per insertion. On quarterly or
yearly contracts a special discount is allowed. Advertising pages, $130.
REMITTANCES, in other than currency forms, should be made payable to Edward
Lyman Bill, Inc.
Departments conducted by an expert wherein all ques-
tions of a technical nature relating to the tuning,
regulating and repairing of pianos and player-pianos
are dealt with, will be found in another section of
this paper. We also publish a number of reliable technical works, information concern-
ing which will be cheerfully given upon request.
Player-Piano and
Technical Departments.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900 Silver Medal. .Charleston Exposition, 1902
Diploma.. .Pan-American Exposition, 1901 Gold Medal
St. Louis Exposition, 1904
Gold Medal. .Lewis-Clark Exposition, 1905
LONG DISTANCE TELEPHONES—NUMBERS 5982—5983 MADISON SQ.
Connecting all Departments
Cable address: "Elblll, New York."
NEW YORK, NOVEMBER
10, 1917
= EDITORIAL
T
HE member of the music trade who took a long look ahead
months ago and had the nerve to stock up to the limit, whether
as a manufacturer of raw materials, or as a retailer with wareroom
stock, has plenty of reason to shake hands with himself for the
situation that has developed proves that his foresight was founded
on fact. Earlier in the year when the warning was sounded to
the dealers to order early and to the limit of their ability in order
to insure having stock on hand when needed, there were some who
declared that it was a scheme of certain manufacturers to unload
an overplus of stock on the dealers. If any manufacturer carried
on the propaganda with that idea in view, he deserves the con-
gratulations of the dealers who took advantage of it regardless of
the reason that prompted his action. The shortage of labor in
the factory is real, and so is the difficulty of getting a sufficient
volume of supplies. The transportation problem is adding gray
hairs to many heads in the trade, and there is the excise tax to be
considered among other matters. The dealer who ordered early
and had his stock on hand before October 4 escaped the tax com-
pletely on such stock. Taken all in all, the "order early" cam-
paign so strenuously advocated by The Review has brought
gratifying results.
HP HE Bureau of Internal Revenue of the Treasury Department
* is apparently working hard to remove all the kinks from the
operation of the new War Revenue Act, and there have been a
number of rulings published that would serve to remove doubts
from the minds of those who come under the Act. In a great
law, such as that of the War Revenue Act, it is natural that the
interpretation of certain phraseology should have important bear-
ing, and can mean a difference of many dollars in the amount
that will be paid in taxes under the law.
The status of corporations who both manufacture and sell at
retail, the standing of discounts and other questions are impor-
tant and the department has done much to clear them up. The
REVIEW
Government, through the acceptance of bonds to cover the ex-
tension of time for tax payments, and in delaying the enforce-
ment of the law until the proper machinery is in readiness, has
done considerable to make things a little smoother for those
who must meet the taxes.
F
ROM all sections of the country there is reported a serious
scarcity of labor, and this applies to the piano warerooms
as well as to the piano factories. Not only is it practically im-
possible to secure enough trained piano salesmen but it is ex-
ceedingly difficult to get even untrained men of any ability to
fill the gap. Under such conditions one man is often called Upon
to do the work of two and should not be expected to waste his
energy in the slightest degree.
It is time for the piano merchant and sales manager to cen-
tralize his efforts to carry on an intensive campaign among a
small group of desirable and promising prospects leather than
to spread at random over a large field. The salesmaii can only
see a certain number of prospects each day and e^ery effort
should be made to see that so far as possible thesq prospects
are those most liable to buy.
The time has come to.impress upon the salesman the fact
that his success will depend not so much upon the number of
calls he makes a day but upon the number of sales he closes in
proportion to the calls. With the number of competing sales-;
men decreased to a minimum the average outside rriajn can find!
time to concentrate his efforts upon a few customers^ and make
those efforts count, leaving a doubtful prospect for a tirne when
labor conditions have changed. The conservation of sales effort
at the present time is just as essential as the conservation of
food and fuel and the retail piano man and salesman must
realize it.
A
RTHUR C. GERMER, a piano dealer of Beanlstown. 111.,
announces that he will hold a music show this }|ear similar
to the very successful exhibition he engineered last fall, when
his original move attracted an unusual amount of attention. The
private music show idea might be given considerable profitable
thought by dealers who desire to arouse public interest in the
lines of instruments they handle.
Merchants in other lines, including costumers and furniture
houses, hold shows each season to give the public a chance to
inspect their new offerings, and there is no reason why the same
idea could not be worked out profitably in the piano trade. As
a matter of fact, Mr. Germer has proven that it can be worked
out successfully.
The word "show" in itself has an unusual attraction for the
great mass of the people. It indicates something unusual—
something worth while seeing, and the piano merchant who once
Or twice a year has the courage to hire special quarters tempo-
rarily and display the features of his line away from his ware-
room and under unusually favorable conditions will attract the
attention of hundreds of people who, in the ordinary course of
events, might never enter his regular wareroom on a tour of
inspection and in fact would hardly know that his store existed.
Mr. Germer has proven that originality can be shown in matters
of piano exploitation as well as in other lines.
*••_
N
OTHING has been quite so remarkable in the tremendous
growth of American business as the practice of selling on
instalments—in other words, of granting credit to retail pur-
chasers. Looked upon with suspicion in its early stages by
people of moderate means, as the resort of those too poor to
pay cash, instalment .selling has reached the point where it ap-
peals to practically all classes of buyers, and to-day to buy a
great number of articles on time is looked upon as a matter of
course. Certainly the instalment method of selling has been
the means of placing in American homes thousands of pianos
and talking machines that would never have left the dealers'
floors if full cash payment had been demanded. Even people
with sufficient cash to pay for pianos have hesitated to lay out
the amount demanded at one time, but have not hesitated to
make the purchase on a time basis.
A study of the instalment business goes far to prove that
the great bulk of the people of the country are honest and in-
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
SAFEGUARDING THE INTERESTS OF THE MUSIC TRADE
(Continued from page 3)
with national, as well as trade conditions, and who are able to take up with the Government matters of vital
importance connected with the regulation of industries in a manner that will carry weight.
In short, it would seem desirable that there be organized a board or committee—call it a ''war board"
for want of a better name—to represent all branches of the music trade industry in relation to the situation
that now confronts it. Such a board should at least be permanent for the period of the war, in order that its
members might grow thoroughly familiar with conditions and thereby be able to act with authority. If the
situation should demand a protest, for instance, that protest should be based upon accurate knowledge carefully
collated, rather than the hasty opinions of half a dozen or so members of the trade, who have only given
the matter casual attention.
There is nothing unpatriotic in such an attitude, for the object is not to relieve the trade from bearing
its fair proportion of the war's burden, but rather to bring relief when that burden, through lack of knowledge
or accident, is so distributed that an unfair portion is settled on the music industry.
Both the piano and talking machine interests in England have had this self same experience. Shortly
after the beginning of the war the Board of Trade in Great Britain formulated rules and regulations
regarding imports and supplies of musical instruments, allowances of steel and other materials for manufacturing
purposes, etc., that threatened to throttle the music industry completely and practically did force many concerns
out of business. It became necessary for the music trade interests to offer repeated and organized protests
bearing on the regulations, with the result that more lenient regulations were, from time to time, secured, as
the actual conditions w r ere brought to the attention of the members of the Board.
With a business manager now regularly employed, the National Piano Manufacturers' Association should
call into consultation the brightest minds of the industry and compile facts and figures for presentation to
the proper authorities when the necessity warrants it. Meanwhile, constant watchfulness is demanded.
clined to meet their obligations without fuss or quibble, and
that eliminating the careless and improvident element the per-
centage of dead beats who "get away with it" under ordinary
circumstances is practically negligible.
With the growth of instalment selling, methods have been
systematized to a greater or lesser degree to prevent loss, or at
least to cut it down to a minimum. In granting credits, the re-
tailer has at hand predetermined elements that serve to guide
him in his decision. Certain classes and certain types of. people
are much more likely to cause trouble than other classes. If
he knows his business, the dealer can protect himself by a
knowledge of this fact. Every bit of trouble growing out of
an instalment sale, every repossession should be carefully classi-
fied in all its details, for it is by such experience that similar
occurrences may be avoided in the future. Accurate statistics
regarding losses will also enable the merchant to so arrange his
charges as to cover such losses—to create a sinking fund, as it
were.
* Those who conduct enormous business enterprises on the
instalment basis and for the most part by mail, for instance,
such as the Larkin Co., are reported to suffer losses totaling less
than 1 per cent, of their business. Members of the music trade
who do business in practically every instance with people with
whom they come in direct personal touch can insure themselves
against this small percentage of loss by a proper study of pur-
chasers and prospective purchasers. In certain sections types
of foreigners are recognized as poor risks. Those engaged in
various occupations, particularly certain classes of professional
people, are widely known as poor payers.
By profiting to the utmost from his personal experience
and those of other merchants in his line the average piano or
talking machine retailer can ofttimes so handle his business as
to suffer no loss at all. In fact, there are several concerns who
boast that they have not had a repossession in years, due to
a careful advance estimate of the prospect's ability or likelihood
to pay.
GETTING DOWN TO PLAIN PLAYER FACTS
The education of the public along player lines is a necessity for the expansion of the player business.
There is no doubt of that; and education of the piano merchants and salesmen is also a vital necessity,
because through them will come a powerful force in the education of the public; and right here we wish to
remark that we have produced a line of books upon the player-piano which comprehensively covers the
entire player situation.
In this respect this trade newspaper stands alone, for it has been the principal source from which player
information has been available for piano merchants and salesmen for a period of years. Our latest book,
"The Player-Piano Up to Date"
is the best of the series. It contains upwards of 220 pages of matter bearing directly upon the player.
Every piano merchant and piano salesman should have a copy of this book within easy reach. It
gives to readers a fund of information not obtainable elsewhere.
It contains a series of original drawings and a vast amount of instructive and educational matter, as
well as a detailed description of some of the principal player mechanisms.
It costs $1.50 to have this book delivered to any address in the United States, and your money will be
refunded if you are not satisfied with the book after examination. No one yet has availed himself of this
opportunity. Foreign countries, 15c. to cover extra postage, should be added.
Estate of EDWARD LYMAN BILL, Publisher
373 Fourth Ave., New York

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