Music Trade Review

Issue: 1928 Vol. 87 N. 8

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
The Music Trade Review
(Registered in the U. S. Patent Office)
Published Every Saturday by
Federated Business Publications, Inc.
at 420 Lexington Avenue, New York
President, Raymond Bill; Vice-Presidents, J. B. Spillane, Randolph Brown; Secre-
tary and Treasurer, Edward Lyman Bill; Assistant Secretary, L. B. McDonald;
Assistant Treasurer, Wm. A. Low.
B. BRITTAIN WILSON, Editor
CARLETOII CHACE, Business Manager
W. H. MCCLEARY, Managing Editor
RAY BIIA, Associate Editor
F. L. AVERY, Circulation Manager
E. B. MUNCH, Eastern Representative
WESTERN DIVISION:
FRANK W. KIRK, Manager
E. J. NEALY
333 No. Michigan Avc, Chicago
Telephone: State 1266
BOSTON OFFICE:
JOHN H. WILSON, 324 Washington St.
Telephone: Main 6950
Cable: Elbill New York
Telephone: Lexington 1760-71
Vol. 87
August 25, 1928
Q
He Did His Job
AUGUST 25, 1928
The remarkable thing has been that this man, through lack of
familiarity with the piano trade, believed that player-pianos were
quite as salable as any other type Nobody told him differently,
so he proceeded to buy a couple of hundred players at an attrac-
tive price to be sure, and actually sold well over a hundred of
them within three months at prices representing close to $500 per
unit. He bought grands of quality in quantities that gave him a
good price and proceeded to sell them profitably. He held his
allowances to figures that did not endanger the profits made
through good buying. The result has been that he has been dis-
counting his bills and thus keeping in the good graces of the main
office where the ability to discount is held to be one of the funda-
mentals of good departmental management.
All this may not mean much to the piano merchant who follows
so closely along the beaten path that he finds his feet all too often
in a rut. Perhaps under other circumstances, too, this particular
merchandising man, with the cold idea that he could sell pianos
just as he could sell any other merchandise from draperies to
kitchen stoves, might have met with failure. But the fact remains,
however, that he was given old stock to dispose of to make way for
new and he did it. He was told to change the department from a
liability to an asset and he did that. He did not use any hocus-
pocus ; he knew nothing of precedent and accepted trade practices.
He simply got a job of merchandising to do and did it. Others in
the trade who have taken the same general view of piano selling
have found that the results justified their efforts.
No. 8
^ ^ ^ ^ O M E months ago a general merchandising man of wide
k
W experience, but not in particularly close contact with the
piano business, was called upon rather suddenly to take
charge of the piano department of a Western store and to make
an effort to put the department on a profitable basis. He could
not be said to be in the least familiar with the so-called intricacies
or with the traditions of the retail piano business, but despite that
handicap and through the application of sound merchandising prin-
ciples, he has managed to take his department out of the red into
the black, and is apparently going to keep it there.
When this man took charge he found that the inventory con-
sisted chiefly of used pianos on which exceedingly liberal allow-
ances had been made. He had been tra-ined in the school which
teaches that space occupied by slow-moving stock is wasted space,
and that it is sound business to move such stock at any price in
order to make room for merchandise that will show a turnover at
a profit. The result of this policy was that a trade-in stock of
nearly 300 pianos was cut to less than forty in a few months, even
though it means disposing of the instruments at prices represent-
ing a half, or even a third, or less, of the allowances made upon
them.
I
Group Instruction in Chicago
HE Chicago Piano & Organ Association is to be heart-
ily congratulated upon the success of its efforts in
persuading the authorities of the Chicago schools to
arrange for the adoption of group piano instruction beginning this
Fall. On previous occasions, members of the piano trade have de-
voted successful effort to bringing about the establishment of group
instruction in local schools, but the accomplishment of the Chicago
Association is outstanding in its importance.
It is a recognized fact that the larger the community the more
difficulties are experienced in persuading the authorities to take
definite action on concrete programs. In the case of group piano
instruction, for instance, it is one thing to establish such courses
experimentally in a half dozen schools, and quite another to carry
on the same work in a hundred schools, and to provide the means
of instruction for some half a million children. The Chicago
Association, through the medium of the competent committee ap-
pointed by President Roger O'Connor, has done a good job. It
not only means much for the cause of music and the piano in the
Western metropolis itself, but it should have a tremendous influ-
ence in aiding the cause of group piano instruction in many other
of the country's cities.
Canton Radio Show to
Open on October 6
Bauer pianos, Victor and Brunswick phono-
graphs, band instruments, musical merchandise
and sheet music
CANTON, O., August 18.—The Canton Radio
Dealers' Association will sponsor a fourth an-
nual radio show this year beginning October
6. This was decided at a meeting of members
of the association held here this week.
Officers for the coming year were elected as
follows: George C. Wille, president O. F. Deal
vice-president; H. B. Fisher, secretary and
treasurer. Howard Dine, Ben Allen, C. M.
Alford and Harold Moock, directors.
An exhibition and membership committee is
made up of Harold Moock, chairman; A. C.
Lister and George Strickmaker.
New Store in Chester
Buys Euclid Music Co.
CLEVELAND, O., August 17.—J. L. Goodman, who
has been engaged in the music business in
Cleveland for the past 10 years, has taken over
the Euclid Music Co., at 10,526 St. Clair avenue,
this city.
Edward Boon, proprietor of the Blue Bird
Music Shop, 6020 Lansdowne avenue, Philadel-
phia, Pa., has opened a new store at 119 South
Bjghth street, Chester, Pa., for handling radio.
The main store features musical merchandise
and phonographs in addition to radio.
Emmet W. Miller Chartered
Emmet W. Miller has been incorporated in
Plymouth, Wis., to deal in radios, musical mer-
chandise and autos. Capitalization is $25,000.
Incorporators include: F.mmet W. Miller, Fred
Goelzer and E. L. Alley.
H. L. deRemer, formerly connected with the
Dodge Music Co., Anacortes, Wash., which
closed out its business recently, has opened a
music store of his own in the same location.
Walker
New Store in Philadelphia
PHILADELPHIA, PA., August 20.—An additional
store is now being conducted by Mayer Walker,
at 2123 Germantown avenue, which extends the
business that has been established for some time
in the store at 2840 Germantown avenue. The
older house controlled by the Walker interest is
known as the Universal Music Store and is
directly under the management of the pro-
prietor. The newer house is being supervised
by B. Goldberg and carries a complete line of
rolls, sheet music and small goods, talking
machines and supplies.
To Close One Store
Jacob Goodman, who operates two stores in
Philadelphia, one at 4 North Eleventh street,
and the other at 4314 Lancaster avenue, is clos-
ing out the former store and after September 1
will confine his business to the Lancaster avenue
address.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
AUGUST 25, 1928
The Music Trade Review
German Manufacturers Form Steinway Export and
Numerous Exhibitors at
Go-operative Association
European Business Grows
the Tuners' Convention
Arrange for Pooling of Interests in Purchasing
of Materials, in Buying and Selling Opera-
tions and in Financing
Paul H. Schmidt Brings Satisfying Report
From Abroad—Sales for Year in Many Coun-
tries Break Previous Records
Several Manufacturers Conduct Classes in Re
pair and Regulating Work for the Benefit of
the Association Members
There has recently been formed in Germany
an association of 53 well-known German piano-
forte and harmonium manufacturers with head-
quarters in Berlin, and with the object of co-
operating in the purchase of materials in the
standardization and cheapening of production,
in formulating and carrying out sales agree-
ments, in pooling experience, obtaining credit,
and financing purchases and sales, including in-
stalment accounts.
The capital stock of the new organization is
set at four million Reichmark, made up of four
thousand denominational shares of 1,000 marks
each, and it is declared that the stock is rapidly
being taken by manufacturers already in the
association and that a number of others are
expected to join, including a number from
Switzerland. The membership at the outset
includes such well known houses as Bechstein,
Bluthner, Fuerich, August Forster, Gors &
Kallmann, Grotrian-Steinweg, Ibach, August
Roth, Schimmel, and many others. The board
of directors consists of Eduard Lucas and Dr.
Heinrich Schermann, with Richard Bradt and
Ferdinand von Reichel as deputies.
Paul H. Schmidt, assistant to the president
of Steinway & Sons, who returned last week
from his annual visit to the European houses
of Steinway & Sons, brought back with him a
particularly satisfying report regarding Euro-
pean and export sales so far as they concerned
the Steinway products. So far as Germany,
Sweden, Holland, Switzerland are concerned,
the demand for Steinway pianos has broken
previous records and the same holds good of
shipments to South America, particularly the
Argentine and Brazil and to South Africa. The
piano demand in Japan is also gaining strength.
In England conditions are somewhat im-
proved, although the effects of the McKenna
Tariff continue to be felt seriously. The situa-
tion, in fact, has developed to a point where
there have been several meetings of manufac-
turers called to urge that the bill be repealed
and that the practice of free trading be re-
sumed.
Another factor that appears to be detrimental
to extensive piano sales in Great Britain is the
law that gives a landlord the right to seize
the property of a tenant for non-payment of
rent, whether that property has been fully paid
for or not. In other words, where the title in
a high purchase sale remains with the seller,
the landlords can still take the instrument in
settlement of debt. Sometime ago a measure
was introduced in Parliament to have this phase
o. the law repealed for the protection of mer-
chants selling on time, but the landlords were
strong enough to defeat it.
There has recently been concluded in Eng-
land a very successful piano-playing contest of
national scope and modeled along the lines of
those that have proven so popular in the
United States. The contest was sponsored by
the Daily Express of London in co-operation
with the organized piano trade and the finals
were held at Kingsway Hall. London, on
August 9, with Harold Samuel, noted British
pianist, and Dr. Malcolm Sargent, the well-
known conductor and composer, on the plat-
form.
Mr. Schmidt was accompanied abroad by
Theodore E. Steinway, president of Steinway
& Sons, who returned some weeks ago and
while in Europe spent some time traveling in
company with Hermann Irion, of the New York
executive staff, who will remain overseas for
another month or so.
CLEVELAND, O., August 20.—During the' period
of the tuners' convention at the Hotel Statlcr
here last week, there were a number of exhibits
by piano manufacturers and supply houses and
in several instances classes in reproducing
action installation and repair, and in piano regu-
lating were conducted for the benefit of the
association members.
The companies exhibiting during the week
included Steinway & Sons, the Aeolian Co.,
(Duo-Art), Pratt, Read Player Action Co.,
Weaver Piano Co., Standard Pneumatic Action
Co., M. Schulz Co., Welte-Mignon Corp., Otto
R. Trefz, Jr., Co., Inc., Tuners' Supply Co.,
Everett Piano Co., the Gulbransen Co., Bald-
win Piano Co., and the Thayer Action Co.
Ghas. E. Gorham Joins
Bankers-Commercial Go.
Chas. E. Gorham, has resigned as director of
Ampico, Ltd., and representative of the Ameri-
can Piano Co., in London, England, to become
vice-president and director of the Bankers-
Commercial Security Co., Ltd., in charge of the
London office. The latter company, with head-
quarters in New York, is engaged in financing
piano instalment accounts.
Jones Goes to Philadelphia
BOSTON, MASS., August 22.—Horace Jones, who
for some time past has been New England
manager for the QRS Co., and has made many
friends in this locality, has been transferred to
the Philadelphia branch of that company in the
capacity of local manager.
Chas. Weidelman has purchased the music
store of McLogan & Pearce, Calumet, Mich.,
of which he has been manager for several years
past, and will continue the business.
Hepplewhite
Merriam Bench No. 703B
This period design is adaptable for use with
various piano case models.
Merriam quality
throughout. Seat IS ins. x 36 ins., Grand Height,
19 ins., Mahogany or Walnut, Polished or Uphol-
stered Seat, Music Compartment.
Write for information and prices to
AMERWAMQ).
SO. ACTON, MASS.
Garter Music Go. Giving
Free Piano Instruction
HOUSTON, TEXAS, August 23.—The J. W. Carter
Music Company, of Houston, is giving a four
weeks' free music course in piano to more than
one hundred children. These children range
in age from six to sixteen years.
These piano classes are being conducted by
Miss Katherine Bradshaw Morgan, who was
one of the first Americans to study with To-
bias Matthay, London, often considered Eng-
land's greatest authority of piano teaching for
children.
Music Displays Withdraw
From British Fair
Because of the fact that the management of
the British Industries' Fair announced that the
displays of musical instruments would be ar-
ranged this year in a section not nearly so
desirable as that occupied by the music displays
for several years past, the Federation of Brit-
ish Music Industries has decided to withdraw.
Hermann Irion to Be
Dined by British Trade
Announcement comes from England that
Hermann Irion, President of the Music Indus-
tries Chamber of Commerce of America, who
has been abroad for some weeks, will be the
guest of honor at a dinner given by the Presi-
dent and Council of the Federation of British
Music. Industries in London on September 12.
Consult the Universal Want Directory of
The Review. In it advertisements are inserted
free of charge for men who desire positions.
GRAND
KEYS
ACTIONS
PLAYERS
of tk«
HIGH QUALITY
SKILLED WORKMAN-
SHIP and
FINE MATERIALS
found in all
PRATT READ
PRODUCTS
Write us NOW
PRATT, READ & CO.
Established 1806
The Pratt Read Player Action Co.
Deep River, Conn.

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