Music Trade Review

Issue: 1931 Vol. 90 N. 8

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
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P I A N O S
R A D I O S
ORGANS
SUPPLIES
s
Music
r T r . tmm
the National
Vol. 90
"DRING in your wheat and trade it
for a piano." That is the meth-
od taken by one Midwest piano con-
cern to stir up some business, make
friends and restore confidence among
the wheat growers in the vicinity. It
sounds a bit Teckless, considering the
reports we read of the wheat situation,
but there are still several piano men
left who will remember it was no un-
usual thing to come back from a sell-
ing trip in rural districts with a cou-
ple of cows and a few pigs as part
of the purchase price of a piano or
organ. It is simply harking back to
the old trading days and the piano
company has been getting some good
publicity out of the stunt and also, we
understand, considerable wheat.
I T is natural that the affairs of the
American Piano Corp. should hold
much interest for the trade at large
for a number of reasons, not the least
of them being the prominent position
held by the original company for many
yeaTS. Dames Rumor and Gossip have
had a glorious time talking of this or
that and suggesting much more. How-
ever, the publication of the corpora-
tion's first annual report in THE RE-
VIEW this month should provide the
trade with considerable real material
for conversation. It is nothing to be
ashamed of and should open some eyes.
A^FTER last year's drought publicity
the average citizen is likely to
have the idea that the State of Arkan-
sas is a second Sahara. That view will
be dispelled, however, upon reading
the article on page five of this issue
which tells how drought and depres-
sion forced the Bean Bros, to go out
after more business, and get it.
Review
,
T
A
MUSICAL -
MERCHANDISE
Industry
^g^
No. 8
SHEET M U S , C
ACCESSORIES
AUGUST, 1931
TABLE OF CONTENTS
Uncle Sam Reports on Retail Distribution of Musical Instru-
ments
by B. Brittain Wilson
4
;
Depression Helped These Music Dealers
6
by Armand D. Wenzell
Eternal Vigilance the Price of Prompt Collections
..
'
7
by Edward Huppert
Editorially Speaking
8
First Annual Statement of the American Piano Corp
13
W . W . Kimball Co. Buys Welte-Tripp Organ Co
15
i
REGULAR DEPARTMENTS
The World of Radio
'.... 25
Chicago and the Middle West
26
Piano Factory and Piano Servicing
28
(Dr. Wm. Braid White, Technical Editor)
Sheet Music and Books
31
Musical Merchandise
32
B. BRITTAIN WILSON, Editor
RAY BILL, Associate Editor
P. F. SIEBER, Circulation Manager
E. B. MUNCH, Eastern Representative
WESTERN DIVISION: FRANK W. KIRK, Manager
333 No. Michigan Ave., Chicago
Published on the First of the Month by Federated Business Publications, Inc.
at 420 Lexington Avenue, New York
President, Raymond Bill; Vice-Presidents, J. B. Spillane, Randolph Brown; Secretary and Treasurer, Edward Lyman Bill; Comptroller, T. J.
Kelly; Assistant Treasurer, Wm. A. Low.
Publishers of Antiquarian, Automotive Electricity, India Rubber World, Materials Handling & Distribution, Music Trade Review, Novelty
News, Premium and Specialty Advertising, Rug Profits Sales Management, Soda Fountain, Radio Digest, Radio-Music Merchant, Tires; and operates
in association with Building Investment, Draperies and Tire Rate-Book.
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
Uncle Sam Reports on
RETAIL DISTRIBUTION OF
G
O O D old Boston is the only city in the United phonographs and records .11; all other musical instruments
States that prefers its music straight, if the reports .01; variety stores of the five and ten cent and up to a dol-
released by the United States Department of Com- lar type do 2.16 per cent of their business in sheet music,
merce and covering the census of retail distribution music rolls and records, while sporting goods stores report
for 1930 are to be accepted at face value.
In short, the 4.30 of their sales as representing musical goods.
music stores of the country, in the census, are divided into
While it is manifestly impossible for lack of space to print
two classes, those without radio and those with radio. In the figures covering retail music store distribution as reported
every city, with the single exception of Boston, the music for several hundred cities and towns, T H E REVIEW presents
stores handling radio do the bulk of the business, sometimes herewith the figures for thirty-one of the largest cities in
ninety per cent of it, but in the Hub music stores without order of population. Houston, Texas, rightfully belongs in
radio handled $4,275,436 in sales during 1929, or 19.7 per the list from the standpoint of population following Port-
cent more than the stores which included radio. This is just land, Ore., but unfortunately the government figures show
one piece of information that can be drawn from the census no breakdown of the types of music stores for comparison
figures.
purposes.
The census of distribution of 1930, embracing sales and
Let us look at the report as it covers the thirty-one cities.
cost figures for the year 1929, is the most extensive ever New York was first in net sales of musical instruments and
undertaken by the Bureau of the Census. Preliminary re- radio for 1929 with a total of $79,120,002 while Chicago
ports covering retail distribution in several hundred cities and was a poor second with net sales of $18,576,035 and Los
towns have been released thus far this year, and final figures Angeles third with $17,647,091, these figures covering all
are now available for Washington, D. C , Mid one or two types of music stores. In business done by music stores with-
other cities. The preliminary figures have also been com- out radio, New York stands first again with net sales of
piled for release in State units, all of which will be avail- $7,707,117, Boston second with $4,275,436 and Chicago
able before the end of the year. Although the preliminary third with $2,945,697.
reports cover only the number of stores, the number of em-
In the number of stores New York again stands first with
ployes, net sales for 1929, stocks on hand on January 1, a total of 1,509 of both classes, Philadelphia being second
1930, and totals of wages and salaries, the final reports when with 422, Los Angeles third with 324, and Chicago fourth
completed will offer much other information of great value with 271. In the matter of service to music-loving citizens,
such as the proportions of business done for cash, on open however, Oakland, Cal., stands first with one music store to
account and on instalments, rental costs in proportion of every 2,842 of the population, San Francisco being second
sales, the division of full and part-time employes w T ith their with one store to every 3,546. In this classification Chicago
payrolls, the listing of other expenses, and the division of is low with one store to every 12,863 persons, with New Or-
sales of various products by different types of stores. For leans being second low with one store for every 12,319.
instance, in the Washington report—the first to be com-
In New York 4,687 sales people were employed full or
pleted—the sales made by radio and music stores are divided part time in music stores in 1929, in Los Angeles 1,833 were
as follows: for eighteen stores total net sales $3,179,679:
employed, and in Chicago 1,560. The wages paid these
Automotive parts
29
employes also varied much as did the other figures in the
Tires, tubes, etc
12
census, in Chicago the average wage or salary for em-
Batteries
• •
25
ployes of music stores without radio was $2,008, and for
Miscellaneous men's furnishings
44
radio and music stores $2,068. For straight music stores
Electrical household appliances
38
Cincinnati stood first in line in the matter of salaries with
Furniture
1.40
an average of $2,262, Cleveland being second with an aver-
age of $2,101, while St. Louis was low with $521. For radio
Gasoline
07
and music stores Buffalo led with an average of $2,085,
Electric and gas refrigerators
_
.
96
Louisville being low with $1,422.
Pianos—player pianos . . . . 26.33
Concerning average sales per
Phonographs and records.. 5.27 »•>»»»»». . - ^ „*•*,*, ,•• w ,,,,*.,,,,,,*,•.,*
music store without radio during
Musical instruments
1.32
Sheet music, etc
2.77 What the U. S. Census of Retail 1929 Boston was first with $104,-
279, New Orleans being the low
Radio sets
53.18
Radio parts and accessories 5.68 Distribution Offers of Interest to in this division with $5,874. For
Repairs and service
1.54 theMusicTradesman—a Compila- radio and music stores Chicago
led with average net sales per
In addition department store
sales of musical instruments and flOn C o v e r i n g Thirty-One of t h e
store of
radios in proportion to total sales
low with $26,116.
are as follows: radio sets 1.84;
4
.
.

L a r g e s t CltieS in t h e C o u n t r y
T H E M U S I C
TRADE
$90,874, St. Louis being
(Please turn to page 20)
REVIEW,
August, 1931

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