Music Trade Review

Issue: 1920 Vol. 71 N. 1

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VOL. LXXI. No. 1
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Published Every Saturday bylEdward Lyman Bill, Inc., at 373 4th Ave., New York. July 3, 1920
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HERE is a wide difference between conservatism and pessimism—between going 1 ahead slowly in
business, keeping a close watch on conditions, and slowing up on business entirely through blind fear of
some possible trouble. That there are both conservatives and pessimists in the retail piano business is
evidenced by recent occurrences. For the existence of the former there is to be found some excuse, but
there is none for the existence of the latter.
It could not be expected that a seller's market would exist forever. Retailers have been crying for more
goods—for production. With the coming of production there has been some slackening off in demand, with
the result that many warerooms have become pretty well stocked. This all happened'in the Spring of the year
when sales records, even in normal times, have not been notably high. The result has been that, seeing stock
coming in faster than it was going out, a number of retailers have cut out the placing of orders, and in some
cases a few have actually cancelled orders already placed. The retailer has a right, of course, to guard his
own interests and see to it that he is not overstocked, but he likewise owes it to his business to see that he will
have sufficient stock to meet such demands as are created indirectly or through his own efforts. He also
owes it to himself to buy as closely as possible as a protection to himself against the possible coming of a falling
market.
At the present time there is no indication that there will be any falling market, so far as price is con-
cerned, in the piano manufacturing trade. - Not only are the prices of supplies advancing rather than receding,
but even at the higher prices there are certain supplies that are most difficult to get. The labor factor is going
to remain fixed for a considerable time in the future and, if it changes at all, may be calculated to advance.
The piano not being a seasonable product, there is no reason for piano manufacturers unloading stock at a loss
rather than to carry it over for another season. Pianos that are not sold in the Spring can be sold in the Fall,
or Winter, just as well. Whether influenced by the position of the manufacturer or the dealer, the conclusion
must be the same. There are fixed conditions that cannot be ignored in any consideration given the present or
future situation.
Wholesale and retail prices must be influenced by production costs, and to ignore such costs means to
endanger the business itself regardless of what immediate temporary benefit may be realized. The shaving of
profits through price cutting, or the granting of long credits is not going to provide the answer. > The only
solution during the Summer months and until all business resumes its wonted activity in the Fall is salesman-
ship—going after the buyer instead of waiting for the buyer to come to the store. The dealers who have tried it,
especially those who have worked the country districts, are getting results.
The dealer who has on hand a liberal stock of pianos and more on order may be considered in rather a
fortunate position. If the present movement means anything piano prices are going to be somewhat higher
before the Fall season comes around. The transportation tangle has not been unravelled by any means, and
the labor question is not in any sense settled. A combination of any of these conditions will have a direct
influence on piano supplies in the Fall. The man who orders now and has his pianos on hand in September
may perchance have had his trouble for nothing, but he at least has his pianos if the situation does happen to
change. The dealer who has a stock on hand will find himself protected both in price and delivery. To'stop
now and wait to see what happens is to take a bigger chance than to go ahead carefully and confidently.
The dealer who keeps his head and goes right on buying as his present and future requirements demand
is helping the industry pass through a period of laxity. Moreover, he is helping stabilize conditions by permit-
ting the manufacturer to keep his plant working and absorb, rather than pile up, the overhead, which in turn
will tend in a measure at least to retard further increase in prices,
T
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
REVIEW
and generous provision for art. Vice leads to drunkenness and degra-
dation of character, which is not only a loss to the community, but
contributes materially to high taxes. If that were explained to tax
payers who oppose municipal enterprises through fear of higher
taxes, I think they would be persuaded that, in the long run, publicly
subsidized music would be not an extravagance, but would be a
great economy."
KNOW YOUR COSTS
PUBLISHED BY EDWARD LYMAN BILL, Inc.
President and Treasurer, C. L. Bill, 373 Fourth Ave., New York; Vice-President,
J. B. Spillane, 373 Fourth Ave., New York; Second Vice-President, Raymond Bill, 373
•Fourth Ave., New York; Assistant Treasurer, Win. A. Low.
J. B. SPILLANE, Editor
RAYMOND BILL, B. B. WILSON, Associate Editors
WILSON D. BUSH, Managing Editor
CARLETON CHACE, Business Manager
Executive and Reportorlal Stall
>...
' "
V. D. WALSH, W M . BRAID WHITE (Technical Editor), E. B. MUNCH, L. M. ROBINSON,
C. A. LEONARD, EDWARD LVMAN BILL, SCOTT KINGWILL, THOS. W. BRESNAHAN, A. J.
NICKLIN, L. E. BOWERS
;-
WK8TERN DIVISION:
BOSTON O F F I C E :
Republic Bldf., 209 So. State St., Chicago.
JOHN H. WILSON, 324 Washington St.
Telephone. Wibaih 5774.
Telephone, Main 6950.
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N E W S SERVICE IS S U P P L I E D W E E K L Y BY OUR CORRESPONDENTS
,
LOCATED I N T H E LEADING CITIES THROUGHOUT AMERICA.
;
Published Every Saturday at 373 Fourth Avenue, New York
Entered as second-class matter September 10, 1892, at the post office at New Yark, N, Y.,
under the Act of March 3, 1879.
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
Lytnan Bill, Inc.
•nil
Departments conducted by an expert wherein all ques-
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tions of a technical nature relating to the tuning,
M«a*ftm4>nfa regulating and repairing of pianos and player-pianos
leCDIllCai U e p a r n n e n i S
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dealt with, will be found in another section, of
this paper. We also publish a number of reliable technical works, information concerning
which will be cheerfully given upon request.
Exposition Honors Won by The Review
Grand Prix...
Paris Exposition, 1900 Silver Medal... Charleston Exposition, 1902
Diploma... .Pan-American Exposition, 1901 Gold Medal
S t Louis Exposition, 1904
Gold Medal—Lewis-Clark Exposition, 1905
LONG DISTANCE TELEPHONES—NUMBERS 6982—5983 MADISON SQ.
Connecting all Departments
Cable address: "Elbill, New York"
Vol. LXXI
NEW YORK, JULY 3, 1920
No. 1
MUSIC AS A CIVILIZING FORCE
T
H E importance of music as a great civilizing force in the Nation
has unquestionably been brought to the closer attention of the
general public through the national campaign carried on by the
National Bureau for the Better Advancement of Music. To-day
we find in the magazines, in the newspapers and in the colleges
articles and discussions treating of the value of music from the
aesthetic and practical uplift viewpoints, and to-day in many munici-
palities the establishment of music conservatories or municipal
orchestras is being advocated so as to give the youth of the city
encouragement in cultivating the art of music in some form or
other.
At a dinner of prominent New Yorkers the other day sugges-
tions were made, which won the approval of the Mayor, who was
present, that the municipality as well as the State should lend its
aid to the cause of music by establishing a conservatory or a munici-
pal orchestra in New York City. All this, of course, means much
for the music industry, because the wider cultivation of a knowledge
of music must result in a greater demand for musical instruments.
The piano dealers should become active protagonists of this move-
ment. It should win their enthusiastic support, not only because it
may help them in their individual business, but because music is a
priceless asset to the community. It inculcates that art atmosphere,
that refinement that leads the people from sordid tastes and desires,
and opens a new world of usefulness and pleasure.
That noted philosopher and caustic writer, George Bernard
Thaw, in discussing the vital part music should play in these days of
reconstruction and social disturbance, points out that music is one of
the great panaceas, and that art, and especially the art of music, is a
natural outlet which should be encouraged. In an address recently
before the British Musical Society, Mr. Shaw urged popularization
of music whereunder every municipality would maintain "a compe-
tent symphony orchestra, so that no child in the country should be
brought up without having access to the best music."
j
"It is a matter of public importance," Shaw continued. "Towns
yould be healthier and public taxes lower if they had an abundant
JULY 3, 1920
T
HE necessity of having a proper appreciation and a thorough
understanding of the actual cost of doing business is constantly
being more strongly emphasized as market conditions shift and new
situations develop that make it incumbent on both manufacturer and
retailer to readjust prices, generally upward, for the purpose of self-
protection. Despite all that has been said and written on the subject
of cost accounting, there are still apparently many members of "the
trade, particularly retailers, who are content with general figures.
More than one merchant who has considered himself an up-to-
date business man has received the shock of his life when he has
secured accurate information regarding what it has been costing him
to carry on his business. Resting secure in the thought that his gross
profit was of generous size, he has neglected to learn exactly just
what part of that gross profit has gone back into the business each
year under the guise of operating expenses. Moreover, he has been
surprised to learn that certain departments fondly believed to be
money makers were being conducted at a loss, and that a readjust-
ment was necessary.
The time to learn about business costs is when business is good.
When the figures show that readjustment is necessary, to cut down
the overhead or to properly distribute the load, it is much easier to
make the change while business is going along smoothly. When the
reaction comes, if it does, there will be no time for such adjustments.
REGULAR TUNING A NECESSITY
T
HIS being the day of propaganda and slogans in the trade, a
successful piano tuner, R. C. Bishop, of Ada, Okla., urges very
logically that the slogan idea might be adopted for impressing upon
the piano-owning public the necessity of having their instruments
tuned regularly, and suggests the issuance by the National Piano
Manufacturers' Association of stickers bearing the message, "With-
out a doubt your piano should be tuned regularly, at least twice a
year."
It is the belief of Mr. Bishop that if such stickers were used by
the piano merchants as freely as they used the stickers urging the
public to "Give a thought to music," pianos throughout the country
would be kept in better shape and prove more satisfactory, not only
to the owners thereof, but to the neighbors who must perforce listen
to the tones of the instruments.
A number of manufacturers are at the present time co-operating
with the National Association of Piano Tuners by attaching to each
instrument shipped a card bearing advice and suggestions relative
to the proper care of the piano. These cards undoubtedly have an
excellent effect, but a sticker that would serve as a reminder to the
piano owner whenever he received a letter from the dealer, or tuner,
would unquestionably prove of value.
BACKING THE STAMP PLAN
P
IANO manufacturers of the country have apparently taken most
kindly to the official stamp plan for raising funds for the main-
tenance of the Music Industries Chamber of Commerce and its
several .departments. The response to the announcement that the
new combination stamps were ready has been prompt and generous,
and the manufacturers appear to feel that the stamp plan goes far
to equalize the share of the burden each must bear if the Chamber
of Commerce activities are to be maintained and expanded.
There is no question but that the stamp has some distinct advan-
tages. It eliminates the assessment plan which at best meant the
fixing of individual quotas on more or less of a guess-work basis and
calls upon the manufacturer for a subscription in direct proportion
to his output of instruments. Inasmuch as he can hope to reap
benefits from the music advancement campaign and other Chamber
of Commerce movements only in proportion to the output of his
factory, he is under the stamp plan paying only for that which he
can actually get.

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