Music Trade Review

Issue: 1923 Vol. 77 N. 24

THE
4
MUSIC
TRADE
( Regist ered in the U. S. Patent Office)
PUBUSHED BY EDWARD LYMAN BILL, Inc.
Presiden t and Treasurer, C. L. Bill, 383 Madison Ave.• New York; Vice.President,
J. B. Spillane, 383 Madison Ave., New York; Second Vice·President, R aymond Bill, 383
Madison Ave., New York; Secretary, Edward 'Ly man Bill, 383 Mad ison Ave., .l'\ow York;
Assistant Secretary, L. E. Bowers ; Assistant Treasurer, \\'01. A. Low.
J. B. SPILLANE, Editor
RAY BILL, B. B. WILSON, BRAID WHITE, Associate Editors
WM. H. McCLEARY, Managing Editor
CARLETON CHACE, Business Manager
FREDERICK G. SANDBLOM, Circulation Manager
Executive and Reportorial Staff
E. B.
THOS.
W.
MUNCH,
BRESNAHAN,
V. D.
E.
J.
WALSH, EDWARD VAN HARLINGEN, LEE ROBINSON,
NEALY, C. R. TIGHE, FREDERI CK B. DIEH L, A.
NICKLIN,
A. FREDERICK CARTER
J.
BOSTON OFFICE:
WESTERN DIVISION:
JO HN H. WILSON, 324 Washington St.
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Telephone, Main 6950
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Exposition Honors Won by The Review
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Vol. LXXVII
NEW YORK, DECEMBER 15, 1923
No. 24
PRODUCTION AND ITS RELATION TO DEMAND
EMBERS of the music trade, as well as business men in other
lines, should find some cause for thankfulness in the report
of the Administrative Committee of the National Association of
Credit Men fo llowing the Fall meeting of that body. The committee
sta ted that it cou ld see no indication of inflation and that it fe lt
the credit situation was very "comfortable." ::-.J'everthcless, it was
found that there was more credit avai lable than has been neces­
sary for legitimate business and it warned against the attempts at
specul ation as a result of this condition.
Trouble could be avoided, it was said, by developing the pro­
duction of the country to meet actual demands and not for inven­
tory purposes.
This last thought is something that the music indust ry might
do well to bear in mind, although in most branches it has not been
possible for the past couple of yea rs to keep the production up to a
point where it ha s met demand. However, experience has shown
that the real danger to the trade lies in overproduction, which brings
with it th e problem of disposing of the manufactured goods often
on long terms and at competitive prices. 'Cnderproduction may
cause distress through seeing perfectly good orders left unfi ll ed,
but overproduction creates a much more se rious condition when­
eve r it exists .
M
1-
PRESIDENT ENDORSES THE MELLON PLAN
SINESS men ge nerally shou ld take g reat sa tisfaction in the
B U fact
that President Coolidge in his messag-e to Congress on
December 6 came out emphatically in support of the plan of Sec­
retary of the Treasury Mellon for a substa ntial redu ction in
Federal tax es, amounting to something over $300,000,000. In hi S
message the Pres ident' said: "Being opposed to war taxes in time
of peace, I am not in favor of excess-profit taxes. A great service
could be rendered through immediate enactment of legi ~ l ation to
relieve the people of some of the burdens of ta xat ion. . . . High
taxes reach everywhere and burden everybody .
. They
diminish industry and commerce. They make agricu lture unprofit­
able. They increase the rates on transportation. They are a
REVIEW
DECEMBER
15, 1923
charge on every necessary of lif e. Of all serv ices which the Con­
gress can render to the country I have no hesitation in declaring
this one to be paramount. Th e country wants thi s measure to
have the right of way over all others."
The Music Industries Chamber of Commerce has la un ched
actively into the campaign to influence legislation designed to reduce
taxation and in this work shoul d have the united support of the
industry, for it wi ll need the strongest kind of pressure to force
the politicians in Congress to forsake ~heir own selfish interests
and gran t the relief desired . The President also came out in oppo­
sition to the bonus, but that vote-getting proposition is not going
to be dropped by Congress without a fight and the tax bill is likely
to suffer as a result.
Not only should the trade insist upon a general reduction in
taxes according to the Mellon plan but shou ld also back the Cham­
ber in its efforts to have lifted the discriminatory and nuisance
taxes levied on band and other types of instruments under the '
jewelry clause and on certain types of reproducing in struments
under the clause applying to vending machines. B usiness men have
heen waiting for an opportunity to secure tax release and with the
opportunity here it should not be allowed to pass without a prope r
effort being made to realize on it. This can only be accomplished
by united action.
r
"'1
THE HOLIDAY NUMBER OF THE REVIEW
I'
K my estimation the holiday issue of The Review offers a far
greater volume of instructive articles pertaining directly to
the problems of the trade than has ever appea red before in any
similar issue of a music trade publication."
That is the comment of one trade member regarding the Holi­
day :\f umber of The Review which was issued last week, and this
office has received similar comments from many sources. The
material presented was all of it from authoritative sources, or pre­
pared by men of standi ng in the industry and the result was .a
volume that will find a permanent place in the business library of
many manufacturers and music merchants.
The holiday number offered a fitting climax to the work of
The Review during the year just closing in presenting to the trade
a quanti ty of constructive articles singly and in series of direct
value to every member of the industry. This editorial policy has
won for The Rev iew a Premier position in the music trade field ,
and it is planned to cont inue it on even a broader scale during the
year to come.
So interesting did a number of the series of articles prove to
the trade that it was found necessary to print them in booklet form
to r11eet demand s after the supplies of th e regular issues had given
out. The repl~ints were offered without charge, thus presenting an­
other phase o f the serv ice which The Review is rendering to the
industry.
AFTER THE HOLIDAYS' DEMAND-WHAT?
A
T the present time the music merchants of the country are, or
should be, actively engaged in handling pre-Christmas busi­
ness and gaining a full measure of profit thereby. However, there
wi ll be many of them who will work enthusiastically up to and
including Christmas eve and then let down in their efforts on the
theory that with the Christmas ru sh over there will be a lull in busi­
ness for a month or so.
,\s a matter of fact good practice in thi s and other lines indi­
cates that for a fortnight or possibly a month after Christmas adver­
tising and sales effort sho uld be continued under almost full holiday
season momentum for the reason that th ere is a wealth of good busi­
ness to be picked up immediately after the fi rs t of the year.
This is the period when many corporations and bank employes
get their annual bonuses, which provide them with substantial
amounts of cash to invest, probably in musical instruments. A t this
ti me also the business man balances his books and may perchance
find that his year's profits warrant the purcha se of a piano or high­
class talking mach in e for his home. There are also cash Christmas
presents to be spent, and all this business comes after Christmas
Day itself.
There is a special articl e in The Review this week treating of the
possibili ti es of post-holiday business. It should be worth dollars to
some of the merchants who apply the principles set fo rth to con­
ditions in their stores.
DECEMBER
15, 1923
THE
MUSIC
TRADE
,5
REVIEW
Developing the Neighborhood Store
A Trend That Is Becoming Evident With the Music Merchant Located in the Large City, in Order That He
May Adequately Cover the Entire Territory From Which He Draws His Sales-A Well­
Balanced Business One Result From This Type of Retail Organization
A well-known music merchant in a Middle
well-defined and separate city within the greater
\Vestern ci ty recently opened an elab ora te new
city. To· reach this market and to work it as
wareroom, probably the finest of its kind in
it sho uld be worked is practically impossible
his lo calit y. Every modern facility for the mer­
from one store located perhaps miles away, but
chandising and display of musical ins truments
a local branch usually can do it and draw a
was included in its equipment, the decorations
large enough volume of business to make its
were in the best of taste and provided a rich
maintenance profitable.
sett in g fo r the lines of instrument s which he
The Foreign-born
ha ndl ed; in short, it represented the most ad­
In th e larger ind ustrial cities this condition
vanced type of the modern retail music. store,
is complicated by the great colonies of foreign
The direct reaction upon his business was .born, who usually live to gether and constitute
rather remarkable. His volume of sales in the
a self-contained unit to a great degree. These
high-grade lines which he handled showed an people rarely buy anything outside of the dis­
immediate increase, but th a t in the lower grade
trict in which they live, first because they seem
lines, and especially in popular-priced player­
to regard the distant store with a degree of
pianos, showed a heavy falling off. This trend
s uspi cion and secondly becau se the woman of
continued for the first six months with the re­
the family rarely goes but a few bla.cks from
sult that, although his total volume of business
her hom e. To cover such localities properly th e
remained practically the same, it was found that
local branch sto·r e is needed, for people of this
it was concentrated in practi call y one division
type are comparative ly large buyers of musical
of his s to ck and that the large market for the
instruments,
cheap e r goods which he once served had prac­
A third e lem en t in this situation is th e growth
tically disappeared.
of lo cal pride in the neighborhood. There is
practically no large city to-day which has not
The Reas'o n
its local merchants' associations, who conduct
Analysis showed that the reason for this con­
periodic drives to persuade the people who Jive
dition was largely due to the fact that the pur­
chaser.of a popular-priced player-piano or some . in the immediate vicinity of their stores to
"B uy at Home," as they term it, and who spe nd
similar instrument in grade considered the new
cons iderab le amounts 0.£ money in supporting
warerooms as bein g too high-class in which to
purchase and fought shy of visiting it. His out- . such propaganda. The branch store located in
such a vicinity usually becomes a member of
s ide selling force .c omplained that th ey found
it almost impossible to bring such a prospect such an assoc iation and participates in the bene­
fits of such campaigns. It is regarded as a real
to the store and when they did succeed in bring­
part of the neighborhood and this is not at th e
ing on e the suspicion with which the latter re­
expense of the central warerooms, for it obtains
garded the price quoted on the instrument made
sa les whi ch the central warerooms would never
it almost impossible to close the sale.
get anyhow. When a person buys a $1,000 in­
I n this particular city, which has a large for­
strument he will go to the central warerooms
eign population, this market is too important
usually; but when a person is in the market for
to be neglected. The merchant, after some
a $400 player-piano it is the local branch store.
thought, therefore opened a second store in
that gets the business. And there are a goo' another section of the city, plainly equipped
many more people in the latter class than there
and concentrating on the lower-pric'ed lines.
The response was almost immediate and the are in the former, too many, in fact, for any
music merc han t to neglect.
seco nd six month s showed a gra tifyin g increase
There is a certain dealer in a large Eastern
in th e total volume of business, both stores
city who has developed this system with ex­
showing an increased profit.
treme care. This particular municipality has a
A Growing Trend
This case is given in some detail to permit large foreign-born population which lives in cer­
tain well-defined section s and which, in all
of pointing out a growing trend in the retail
ac tuality, is separated from the rest of the city .
piano business, especially in cities the popula­
tion of which ran ges from 300,000 up. That is This dealer at the present ti me has three branch
the development of the neighborhood s tore, or stores, besides his main warerooms. Each of
the mana'ge rs of the se local branches is of the
a small branch music store catering to the par­
ticular demands of the section of the city in . same nationality as that of the largest propOT­
tion of the people to which it caters and the
which it is located. The past several years
have seen many of these stores opened, in some sales force of each of them has a large propor­
cases merchants having as many as five or six·. tion of the same nationality in its make-up. As
Those who have dev eloped this system have a result the prospects to w hich th ey cater are
lar gdy sold in their own language by men who
reported but few failures, the new stores almost
understand their psychology perfectly and who
immediate ly showing a profit, provided they are
properly managed and designed to appeal to the are able to meet them on their own ground.
Besides this, these men have con nect ions with
type of people among which they are located.
practically all the local societies or benevolent
They are not usually expensive establishments
. to co,nduct and thus represent a low overhead associations to which the foreign-born belong
in large numbers; they tak e a prominent part in
on sales and th ey give the merchant close con­
the local social life and are thus in a position
tact with and access to ' every market which
to maintain the best so'rt of contact with the
exists.
people to whom they are selling pianos or
It must be remembered that the lar ge Ameri­
player-pianos. The plan has proven highly suc­
ca n city at the present time, especially in the
cessful.
Middle West and in the East, is re ally a com­
The Used Piano Store
bination of smaller cities, each of them having
Wi thin the last year or two there has been a
a developed individuality to some extent and
variation of th is plan which is largel y concerned
most of them their own well defin ed retail
with used pianos. A number of merchants , find­
shopping centers. In a city like N ew York,
ing th at it was almost impossible to move used
for instance, there are thou sands of people who
instruments from their warerooms floor s, have
never buy any merchandise out of their own
opened separate stores to sell these: goods, usu­
immediate locality, whose entire wants a re sup­
ally a t some distance from their inain wa re ­
plied by loca l merchants within a few blocks of
rooms. The plan, in most cases,. has proven a
their hom es ann who live in what is really a
distinct s ucce ss, with the result that in the
future it is lik ely to develop on a lar ger scale.
Of course, it must be understood that the
problem of the neighborhood branch store is
one th at is confin ed exclusively. to the music
merchants who are locat ed in the large cities.
It is a plan of expansion that brin gs the mer­
chant who tried it into competition wit h th e
loca l independent neighborhood dealer. But it
is one that creates a larger volume of sa les for
all concerned in the long run, for it means more
intensive sales work gene rally and the creation
of a greater number of piano prospects.
MISS SHAW AND DUO=ART IN RECITAL
Popular Pianist Assisted by Fred Sheffield Child,
Tenor, Presents Her Successful Costume Re­
cital at Aeolian Hall, New York
At Aeolian Hall on last Saturday evening,
December 8, Miss Eleanor Shaw, popular Amer­
ican pianist, assisted by Fred Sheffield Chi ld,
tenor, and the Duo-Art piano, presented the
very interesting and attraCtive costume recital
which these art ists have offered with so much
success in various sections of the country and
which is de,;igned to emphasize convincingly th e
possibilities of the Duo-Art piano as a solo and
accompanying instrument.
In the recital are offered four periods in mu­
sic, with the artis'tS richly cost um ed according
to the style of each of those periods. The first
section was devoted to the music of the early
e ighteenth century with the artists costumed
as court musicians of that time, Miss Shaw's
gown, of great richness, being the exact copy of
a Romney print. I n this sectio·n are presented
instrumental and vocal selections from the com­
positions of Haydn, Hand el, Beethoven, etc.
In part two the artists appear in the formal
evening dress of th e middle nineteenth cen­
tury and offer selections by Schubert, Meyer­
beer a nd Chopin, the latt er r epresented by his
Valse Op. 34 No. I, reproduced by the Duo-Art
piano from the playing of Paderewski.
Part three has to dO' with the music of ap­
proximately forty years ago and well within the
memory of the living generation, In this sec­
tion );fiss Shaw offers " Echoes From th e
Academy," a clever arrangement of her own,
including a number of th e popular airs of the
period played alternately by herself and by the
Duo-Art piano from her own record ings. The
songs of the period include: "When You and
I Were Young, Maggie," " Nelly Bly," and
others.
The final section has to do' with the music
of the present day and in cludes so ngs and piano
compositions by Sternberg, Dunn, Rebikoff, De­
bussy, Dambois and Saint-Sae ns, with the Duo­
Art piano reproducing the playing of Josef
Hofmann and Rudolph Ganz and also Dambois'
rendition of his clever "Bagatelle."
The concert itself is cleverly co nceived and
car ried out and the costumes, rich and accurate,
add immeasurably to th.e charm of the per­
formance. Aeolian Hall wa s comfortably filled
with an aud ience that on numerous occasions
found it impossible to re stra in its en thusiasm .
WOOD BROS. OPEN NEW STORE
PITTSFIELD, MASS., December 12.-Wood Bros.
have recently announced the opening of their
new building at 421 North stree t . Th is concern
has been engaged in the piano business here for
the past forty-three years and carries a full line
of pianos and musical instruments .

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