Presto

Issue: 1920 1765

PRESTO
PRESTO
PUBLISHED EVERY SATURDAY AT 407 SOUTH DEAR-
BORN STREET, OLD COLONY BUILDING, CHICAGO, ILL.
Q. A. DANIELL anri FRANK D. ABBOTT
Editors
Telephones: Chicago Tel. Co., Harrison 234; Auto. Tel. Co., Automatic 61-703.
Private Phones to all Departments. Cable Address (Commercial Cable Co.'s Code),
"PRESTO," Chicago.
Kntered as second-class matter Jan. 29, 1896, at the Post Office, Chicago. Illinois.
%
under Act of March 3, 1879.
Subscription, $2 a year; 6 months, $1; Foreign, $4. Payable In advance. j No «xtta
•uarge in U. 3. Dossevsions, Canada, Cuba and Mexico. '
Address all communications for the editorial or business departments to PRESTO
PUBLISHING CO., Chicago, III.
Advertising Rates t=»Thxee dollars per inch (13 ems pica) for single insertion*.
Bix dollars per inch per month, less twenty-five per cent on yearly contracts. Ths
Presto does not sell its editorial space. Payment is not accepted for articles of de-
scriptive character or other matter appearing In the news columns. Business notices
will be indicated by the word "advertisement" in accordance with the Act of August
84, 1912.
Rates for advertising in the Tear Book issue and Export Supplements of The
Presto will be made known upon application. The Presto Year Book and Export
Issues have the most extensive circulation of any periodicals devoted to the musical
Instrument trades and industries in all parts of the world, and reach completely and
effectually all the houses handling musical instruments of both the Eastern and West-
ern hemispheres.
The Presto Buyeis* Guide Is the only reliable index to the American Musical
Instruments; It analyzes all Pianos and Player-Pianes, gives accurate estimates m
their valtiea and contains a directory of their manufacturers.
£ Items of hews, photographs and other matter of general Interest to the must*
trades are invited and when accepted will be paid for. Address all communicatiou to
Presto Publishing Co., Chicago, III.
SATURDAY, MAY 22, 1920.
TO CORRESPONDENTS.
PRESTO IS ALWAYS GLAD TO RECEIVE NEWS OF THE
TRADE—ALL KINDS OF NEWS EXCEPT PERSONAL SLANDER
AND STORIES OF PETTY MISDEEDS BY INDIVIDUALS. PRESTO
WILL PRINT THE NAMES OF CORRESPONDENTS WHO SEND IN
"GOOD STUFF" OR ARE ON THE REGULAR STAFF. DON'T SEND
ANY PRETTY SKETCHES, LITERARY ARTICLES OR "PEN-PIC-
TURES." JUST PLAIN NEWS ABOUT THE TRADE—NOT ABOUT
CONCERTS OR AMATEUR MUSICAL ENTERTAINMENTS, BUT
ABOUT THE MEN WHO MAKE MUSICAL INSTRUMENTS AND
THOSE WHO SELL THEM. REPORTS OF NEW STORES AND
THE MEN WHO MAKE RECORDS AS SALESMEN ARE GOOD. OF-
TEN THE PIANO SALESMEN ARE THE BEST CORRESPONDENTS
BECAUSE THEY KNOW WHAT THEY LIKE TO READ AND HAVE
THE OPPORTUNITIES FOR FINDING OUT WHAT IS "DOING" IN
THE TRADE IN THEIR VICINITY. SEND IN THE N E W S -
ALL YOU CAN GET OF IT—ESPECIALLY ABOUT YOUR OWN
BUSINESS.
TIME IN DOLLARS
Here is something piano men have, perhaps, never thought of.
It is from the advance information sent out by the National Ad-
vertisers Clubs of the World, whose sixteenth annual convention will
take place at Indianapolis on June 6-10: "The value of the time of
delegates attending the convention has been estimated at $250 a
minute, and the speakers on the program intend to prepare their
addresses with this thought in mind."
Would it be worth while to make an estimate of the value of the
time of the piano men at their annual conventions—say the last one
in New York during the blizzard of February? And, following the
suggestion of the advertising men, what did the average speech of
the orators of the piano at the earlier conventions cost the members?
Can you recall the time when the speakers stood up and talked away
the merry hours without any regard to the value of time? Even the
eloquence of the trade editors was lavishly and extravagantly un-
leashed, as some may remember. But things are different now. The
piano men's conventions are better systematized than of old, and
what is said is more to the point. .
It is interesting, too, to note that the advertising men, who place
a value of $250 a minute upon their time, have arranged a program
in which no fewer than twenty-three set speeches are catalogued.
And at least one of them will be delivered by a woman. Her subject
is, "What Women Owe to the Home Influence of Advertising." Of
course it would be ungallant to suppose that the lady could say what
she has to say, on such a subject, in anything like ten minutes.
Allowing a modest twenty minutes, it is easy to compute the
value of the lady's speech, therefore, at about $5,000. And no doubt
it will be worth it. But what is the average piano man's talk worth,
predicated on the same basis? When a well-posted gentleman arises
to talk about the effect of music upon the newly-arrived immigrant,
or to tell of his appreciation of the warmth displayed in the invitation
May 22, 1920.
of the committee on entertainment, or to explain the way he has of
selling to the half-civilized natives of Podunk, or other inland villages,
how many minutes should he be permitted to expend, at the rate of
$250 a minute?
But possibly the value of time at the piano conventions is not
so large as that of the advertising men's meeting. We are inclined
to believe, however, that the reversal of the estimate would be correct.
The time of the piano man who can sell a carload of pianos in an
hour must represent more than that of the advertising man who sells
space in even the most costly story paper on earth. And the ad-
vertising man who can prepare a page of stunning copy in less than
a day can hardly be said to out-value in his time the net worth per
minute of a piano man who can sell players with both hands while
he gives orders for the delivery of a vanload of talking machines
without turning 'round.
In any event, the figures presented by the advertising men of
the world are instructive. They afford suggestions enough for the
piano men's associations. And by the time the next convention of
the music makers comes around we shall hope to see just as succinct
and confident a statement of the value of the piano man's minute in
speech-making as is now set forth by the publicity makers and
getters-up of space-filling fiction—or facts.
NEW THINGS
There are several new things under the sun. Instances are too
numerous to catalogue, so a few examples will suffice for a duet of
thoughts by the writer and the reader—or a discord if the reader will.
There are many new things besides new styles of playerpianos this
year, though there can be no denying that the playerpiano, in its
diversified possibilities, is making a wide mark in the list of new
things.
Last week's Presto gave particulars of the Apollophone activities.
The Apollophone is the instrument in which all of the powers of the
living pianist may be exercised upon the same instrument that may
of itself perform as skillfully as the artist himself. It may also repro-
duce in its phonograph chamber the singing of the best vocalist, and
it may play the accompaniment upon the piano while the voice repeats
the words and the melody of the song. Is that something new and
remarkable? If it were possible to put the question to your forebears,
say only fifty—yes, twenty—years ago, the answer would be an
incredulous denial of any such possibility.
Newness is the keynote of all things in this wonderful age. The
creative instincts of man have been stimulated by the events which
have shaken the world. The devices and designs of peace have
supplanted the sinister creative cunning of war, and the instruments
of music are playing their full share in the regeneration of the peoples
of the earth. In the homelier things, and in the freaks of life, there
are equally new things also.
There are new things in overalls. Witness an advertisement in
Newark, N. J., reading: "Overall suits in silver buckles, $42.50 to
$49.50." Then there is the candidacy of a negro for governor of a
state. The state is Arkansas, and the candidate is J. H. Blunt, who,
on April 29, paid the necessary fee to have his name placed on the
ballots as a Republican gubernatorial candidate. And there are new
things in the extravagances and the grotesque vanities of the world.
It is not uncommon to hear stories about uncouth-appearing people
who visit the great jewelry stores and buy diamonds scarcely less
valuable than that of the famed Kohinoor. The toilers are indulging
their ambitions to do as the rich have been doing, for they are them-
selves now comparatively rich. A cafe-keeper of "red light" proclivi-
ties was shot to death in his gaily bedecked caravansary last week.
It was discovered that he wore garters upon which were many-carat
diamonds, his gold-chain suspenders were decorated with large
sparklers and his raiment excelled the dreams of Solomon in all his
glory. It is the age of extravagance. And therein is a great problem
for the social and industrial economists.
It will be something new to have the greatest employing manu-
facturing company of a great city devoted to what? Making steel
rails? No—making musical instruments. The city is Baltimore, the
city that has been largely made famous by the Knabe pianos. The
Columbia Graphophone Company in its new plant now going up in
Orangeville—a part of Baltimore—intends to put 24,000 persons at
work.
It is something new out at Denver to read that potatoes have
been eliminated from the bills of fare at the hotels because they are
too expensive to be served. It is something new to have sugar sell at
31 cents a pound at wholesale, as it did in Chicago one day last week.
It is something new to find that old fogies are trying to get out
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
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PRESTO
May 22, 1920.
of the ruts into which easier pre-war conditions had sunk them. Those
who have run a few miles on the more progressive highways of
business could not be shooed into the sloughs of despond again.
NO LOWER PRICES
If there are any piano dealers who are withholding their orders
for pianos until prices come down, they are fooling themselves. Prices
can not fall for a long time to come. A buyer from Australia told a
Presto representative last Friday that he had made a close study of
this phase of the business. Naturally he did not want to place large
orders now if there was any possibility of prices falling in the near
future, or before his shipments could be turned into money. And
he came to the conclusion that to wait for prices to fall would be
folly. He promptly bought American pianos to the extent of more
than $70,000.
Piano manufacturers are now billing instruments with the proviso
that prices must be governed by cost at the time shipments are
made. Bills and letterheads make this statement very clear. The
manufacturers are buying their supplies with the distinct understand-
ing that prices will not fall during this year. The makers of the
fundamental supplies take orders with such restrictions that deliver-
ies may not be made until late next fall. No "rush orders" are
accepted by many industries. If the piano manufacturer were to
accept orders for finished instruments at prices which prevail even
today, he would be running the risk of large losses. If any manu-
facturers are filling orders taken on a basis of prices when the orders
may have been accepted months, or even weeks, back, they are almost
certainly making losses.
The margin of profit in the piano industry has not been adequate
during the last quarter-century. Only in exceptional cases have the
manufacturers predicated their prices upon a basis fair to themselves.
And this fact has passed along to the retail trade, and the dealers
have adjusted their selling figures to the factory cost. Following
logically, if thoughtlessly, along to the final sale to the public, the
piano prices have been getting smaller until the upheaval came and
prices bounded upward.
This paper has said, more than once, that the better prices for
pianos is a blessing in disguise. The only unfortunate circumstance
is that the result of the higher prices is not that either the manu-
facturers or the dealers realize better profits. The higher cost of
things runs along the entire line, touches every department in life,
and leaves the net results, to the makers and the merchants, too
meagre to compensate for the added work and the increased invest-
ment.
But the dealer who is looking for a reduction in the prices of
pianos makes a mistake if he is waiting for the drop to come. He will
have nothing to sell, and when he does get ready to order the source
of his supplies may have other places in which to place their output.
The manufacturers absolutely know that in their industry there can
be no let-up in the cost of things. Unlike some of the goods that
John Wanamaker sells and advertises at peace-time figures, the cost
of piano supplies still advances. There are no philanthropies by
which the things that go to make pianos can be distributed for less
money than at this time. And the conditions by which the piano
manufacturers are confronted do not present any promise of reduced
prices for a long time to come.
If you are a piano dealer, don't worry your source of supplies
about why prices go up, but get a proportionately better price for
your instruments. Your customers will not ask you why you must
ask $50 or $100 more than you did five years ago. They won't know
it, and if they do they have common sense or they wouldn't want
pianos at all.
* * *
Quite a number of the ambitious piano industries are also mak-
ing phonographs, and good ones. Piano dealers who have phono-
graph departments will find it profitable to investigate the aristocratic
and unique "Classique" produced by the P. A. Starck Piano Co., of
Chicago.
* * *
It isn't often that a bigger truth is told in a smaller line than this
one used by Gulbransen-Dickinson Co. to characterize the folly of
"free service" in tuning, etc.: "Free Means Poor." Almost always
"free" things are worth just about what they cost.
* * *
A few years ago a full page adv. in a trade paper—and in colors
—would have seemed almost startling. Today displays of that kind
are of almost weekly occurrence. The piano industry has broken
through into the larger ways of doing things.
A piano trade punster of Peoria proposes that the trade boost
for the new stamp, in support of the Music Industries Chamber of
Commerce. His proposition is this: "Good thing! Pound it along
with all your might and Tremaine!"
* * *
Greater production is the industrial cry all along the line. And
the greater production of automobiles seems to be putting the brakes
upon the greater output of pianos and some pther essentials.
* * *
Texas is just now the piano merchants' convention state. Proba-
bly the presence of Mr. Will L. Bush has much to do with it.
ADDING ZEST TO TRADE TOURNAMENTS
The "Pletcher Cup,"
presented by Thos. M.
Pletcher, president of the
Chicago Piano Golf As-
sociation, is the big priz<
it is the ambition of every
player to win. The de-
sire of the enthusiastic
golfers is evoked by
something more than the
intrinsic value of the cup.
The Pletcher Cup is 15
inches high, of sterling
silver and valued at $200.
It will be competed for
by members of the asso-
ciation during the regu-
lar tournaments.
The winner will be the
one who has the lowest
iverage net score from
his four best rounds of
the season; b u t
one
THE FLETCHER CUP. r o u n d in each tourna-
ment will be considered.
The cup becomes the permanent property of he
who for the second time has the lowest average net
score for the season, under the above conditions.
The cup is now on display in the office of Mr.
Pletcher at the headquarters of the Q R S Music
Co., in Chicago. The adjoining cut shows the cup
on Mr. Pletcher's desk.
The larger cut shows a portion of the prizes to
be played for on this occasion by the members of
the Chicago Piano Golf Association. The prizes
are pictured arranged on the desk of President
Thos. M. Pletcher in the offices of the Q R S Co.
Four of these prizes will be awarded at each full
day tournament this season and two at each half
day tournament. This promises to be the most suc-
cessful season in the history of the association.
Twelve tournaments have been arranged for at the
leading golf clubs of the Chicago district.
The officers of the Chicago Piano Golf Associa-
tion are: President, Thos. M. Pletcher; vice-presi-
dent, E. B. Bartlett; secretary and treasurer, N. A.
Fegen. Mr. Pletcher is president of the Q R S
Music Co., Mr. Bartlett, vice-president of the W. W.
Kimball Co., and Mr. Fegen is at the head of the
wholesale piano department of Lyon & Healy.
PRIZES FOR EFFICIENT GOLFERS.
Enhanced content © 2008-2009 and presented by MBSI - The Musical Box Society International (www.mbsi.org) and the International Arcade Museum (www.arcade-museum.com).
All Rights Reserved. Digitized from the archives of the MBSI with support from NAMM - The International Music Products Association (www.namm.org).
Additional enhancement, optimization, and distribution by the International Arcade Museum. An extensive collection of Presto can be found online at http://www.arcade-museum.com/library/

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