Music Trade Review

Issue: 1953 Vol. 112 N. 11

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
The Jf usic
REVIEW
Established 1879
CARLETON CHACE, Editor
Alex H. Kolbe, Publisher
lated." Furthermore, the comment also states, "70%
of today's 25 to 29 age group has attended high
school or college. 80% of the 14 to 17 age group
is still in school, a sharp contrast to 10% in 1900."
It is interesting to note along these lines that when-
ever there has been the establishing of Group Piano
Lessons, either in a community or in one of the
large industrial plants or through the public schools,
there has been a universal interest shown by adults.
It would seem that, the more intelligent people get
the more interest they have in the arts, and one of
these is music, with the piano still the basic instru-
ment upon which to play.
Taxes and Social Security
I
T is well-known that the present Administration
is planning to cut personal income taxes 10%
Associate Editor
Technical Editor
commencing with January ] st. At the same time,
however, the Social Security Tax under the present
set-up will be increased from 1*4 to 2/r on that
date. In respect to the reduction of the income tax,
V. T. Costello
Terry Ruffolo
a married man with two children and a monthly
Production Manager
Circulation Manager
salary of $225 will have a take home pay increase
Published monthly at 510 RKO Building, Radio
of 10c. a month, the amount by which his tax was
City, 1270 Sixth Avenue, New York 20, N. Y.
increased in 1951. If he makes $300 a month, he will
Telephone: Circle 7-5842-5843-5844
get an increase of $1.60. If he makes $375, his in-
Vol. 112
No. II crease will be $3 a month, but with the increase of
NOVEMBER, 1953
Social Security to 2% on the first $3600 of the
worker's annual pay, the examples above will be
offset by monthly Social Security increases of $1.12.
$1.50 and $1.50 respectively. The net result is that
the
man making $225 a month will have $1.02 less
E saw a headline the other day, which per-
in
his
monthly pay envelope. The man making $300
haps might have some hearing on the steady
will
come
out with 10c a month more, and the man
increase in the interest in music and piano
making
$375
will gain $1.50 a month on the two tax
playing. The headline read, "Where Schools are
Better. Business is Better." It was over a comment actions. The above being the case, in view of the fact
made by the Education Depart- that there is a thought in Congress to put a bill
ment of the Chamber of Com- through immediately after the first of the new year
of holding the Social Security tax
merce of the United States, which for the purpose
w
• it iU certainly be advisable for every
said that there is a quiet "Revo- at 1 Vii*/^ >
member
of
the music industry to contact his Con-
lution" in American schools. In
gressman
in
person or by mail and suggest that this
continuing, it states, "A far great-
action
be
taken
immediately after the Congress con-
er number of Americans are go-
reduction in
ing to school and going further in venes in January. Otherwise, the 10%
4
income
taxes
will
not
amount
to
a
hill
of beans.'
school than ever before." Then
A. C. Osborne
NATIONAL
ASSOCIATION
OF MUSIC
MERCHANTS
Alsxander Hart
Business-As We See It
W
the comment points out that al-
most 25*/f of our population is
now in classrooms, and that a
CARLETON CHACE
majority of Americans have had
high school and college training, which is quite
different from what was happening less than ten
years ago, when 6() ( /< of our population over 25
had less than 9th grade education, and continuing,
this comment states, "The report established that
business is better where schools are better; that
educational levels and earning power are closely re-
10
More About Excise Taxes
R
epresentative Noah Mason, Republican from
Illinois, is planning to introduce a bill for a
flat 5% national manufacturers excise tax
when Congress reconvenes in January. This tax from
what he said in a radio speech recently, "would be
levied on all articles manufactured, except food and
medicine, which constitute a large part of the ex-
penditures of lower income families." In case this
THE MUSIC TRADE REVIEW, NOVEMBER, 1953
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
bill is passed, it will repeal every Federal excise
and sales tax except those on liquor and tobacco.
This, of course, would be a 50?r relief in the tax
which is now levied on musical instruments. At the
same time, however, due to the fact that musical in-
struments are used more for education than for any
other purpose, there still may be an opportunity to
have the excise tax removed completely provided
there is concerted effort enough on the part of the
members of the industry. Both the N.A.M.M. and
the National Piano Manufacturers Association have
sent a protest regarding this tax to the Ways and
Means Committee of the House of Representatives
and in the plea to have the tax removed, have very
forcibly pointed to the fact that musical instruments
are used more for education than ever before, for
which they have become very essential. If a dealer
has not yet written to his Congressman, who is prob-
ably in his home territory at the present time, there
is still time to do so and make an earnest plea for
the removal of this musical instrument tax. Congress
will not convene until January 4th. There is still
about six weeks in which to contact your Congress-
man.
Piano Versus Television
I
T is gratifying to note that the production of
pianos is steadily increasing. This year, more
straight pianos may be produced than in any
year in the history of the business. Some people will
say, of course, that there were 364,000 pianos pro-
duced in one year several years ago. but it must be
realized that 70% of these instruments were player
pianos. So. when it comes to producing straight
pianos, the year J953 may be the best that's ever
been had by the music industry. It is also interesting
to note that these instruments have been produced by
fewer piano manufacturers than we had in the indus-
try when the production was up over the 300,000
mark. At that time there were approximately 148
piano manufacturers. Now there are 23. So, each one
of these piano manufacturers getting their share of
the business should be rather well satisfied with their
annual business this year. Not only that, but they
should look toward the future with a great deal of
confidence because we are seeing all around us stim-
ulated interest in piano playing, with many articles
being published on the subject under headings like.
"Piano Playing is a Joyful Pastime" and stories like
the one which appeared recently in the New York
"World Telegram & Sun", about the man 85 years
old who, the neighbors all say, plays 'good and
loud'. As one neighbor put it, "He's gone through
four pianos in fifteen years, wears holes right through
the wood, but we don't mind. The music keeps us
humming — keeps him young." Furthermore, we
don't see any stories published about the piano busi-
THE MUSIC TRADE REVIEW, NOVEMBER, 1953
ness like those we have been reading about the
television business. Recently, on the front page of
one of the leading papers in the country, there was
the heading, "First home reception of color TV
proves effective in operatic field." And, on another
page in the same paper, was the headline, "Market
Glut Dims TV Sales Picture." "Distributors Believed
Holding Major Share of 2.500,000 sets in Ware-
hous." So, if one watches the papers and sees some
terribly drastic reductions in the prices of television,
this seems to be the reason for it. As the story goes,
it states that the television stores do no have exces-
sive stock, but that the distributors have 2,500,000 un-
sold sets, which has forced some of them to the wall
in the last few months. Yet, it points out that tele-
vision stores stand on the threshold of what is
normally the busiest two months of their sales year,
including the Christmas rush. Following this, how-
ever, comes the comment that "There is a fly that
looks like a dinosaur in the television ointment, that
is, color. Dealers all over the country are fearful
that the public, knowing color television is coming
early next year, will not buy many black and white
sets in the next two months." But, if color does
come next year, there will probably be no more than
100,000 sets produced and they will cost $700 to
$1,000. and when the FCC puts their okay on the
color transmitters, they will be the kind that can be
received on black and white sets as well as those
which produce color. So, in view of the above, why
not get out and sell more pianos.
EDITOR
II

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