Presto

Issue: 1924 1999

PRESTO
Presto
And the adverse comment upon that "display"
concerns its typographic appearance.
The same sort of criticism is made of several
columns of other small business cards taken
from small town newspapers. It is the regu-
lation thing found in advertising journals, and
the trouble is that the metropolitan censors
seem
to overlook that country newspapers are
THE AMERICAN MUSIC TRADE WEEKLY.
not
equipped
with the variety of type, or
Published Every Saturday at 417 South Dearborn
"sorts," by which the big city job printers are
Street, Chicago, Illinois.
enabled to perform remarkable feats on super
C. A. DANIELL and FRANK D. ABBOTT -
Editors
calendered book paper.
.Telephones, Local and Long Distance, Harrison 234
But that is not the point. The "Small House
Private Phones to all Departments. Cable Address (Com-
mercial Cable Co.'s Code), "PRESTO," Chicago.
Advertising" booklet of the Chamber of Com-
Entered as second-class matter Jan. 29, 1896, at the merce of the United States is a new proof of the
Post Office, Chicago, Illinois, under Act of March 3, 1879.
recognition of the advertising need and power.
Subscription, $2 a year; 6 months, $1; Foreign, $4. It is a timely publication, and if we cannot
Payable in advance. No extra charge in United States
possessions, Cuba and Mexico. Rates for advertising on
reproduce all of it, the following, which is of
application.
direct concern, at least may here be presented.
Items of news and other matter are solicited and if
Tt is under the head of "Your Trade Paper":
of general interest to the music trade will be paid for
at space rates. Usually piano merchants or salesmen
in the smaller cities are the best occasional corre-
spondents, and their assistance is invited.
Forms close at noon every Thursday. News mat-
ter should be in not later than eleven o'clock on the
same day. Advertising copy should be in hand before
Tuesday, five p. m., to insure preferred position. Full
page display copy should be in hand by Monday noon
preceding publication day. Want advs. for current
week, to insure classification, must not be later than
Wednesday noon.
Address all communications for the editorial or business
departments to PRESTO PUBLISHING CO., 417 South
Dearborn Street, Chicago, III.
SATURDAY, NOVEMBER 15, 1924.
THE ADVERTISING ART
New recognition of the essential element of
advertising in business is seen in the latest
effort of the Chamber of Commerce of the
United States. And, in some respects, the ex-
perts of Uncle Sam's publicity department go
a step or two beyond the privileges accorded
to more exclusive of private advertising enter-
prises. For no "agency" would issue such a
booklet as the one entitled "Small Store Ad-
vertising," which ha.s recently appeared "in the
belief that it will enable any merchant at least
to recognize good advertising and thus save
waste and avoid the injury to his business
which is the result of poor advertising."
From the essay on the onion as a "plebeian
vegetable, tear compelling and assertive," with
which to give emphasis to the power of adver-
tising which "transforms it into the health giv-
ing gift of benign nature more delicious than
ambrosia," to the full-page advertisement of
Stetson hats, the booklet is an interesting one.
There are many books on the same subject,
but none, within our knowledge, that presents
so ingenuous a face to a subject which is gen-
erally supposed to pertain to the more selfish
side of business. It seems to refute the com-
mon notion that advertisers are as jealous of
their publicity investments, even of their
"copy/' as of other assets of factory or store.
In fact. Uncle Sam's experts do not hesitate
to devote words, lines, even columns and
pages, to individual interests which, even if
presented in the guise of good examples, or
bad, are nevertheless strong presentations of
proprietary articles. In some instances ex-
amples are presented of the kind of publicity
makers whose pens are tipped with diamonds
easily translated into dollars. And many lines
of business are represented, not even exclud-
ing the piano trade. One piano house whose
advertisement"is reproduced in facsimile, is the
Darrow Music Company, of Denver, Colorado.
it you do not read a trade journal you are over-
looking a most valuable source of ideas for adver-
tising. Trade publications are constantly striving to
get new and more effective means of merchandising.
They are the clearing houses for the interchange of
ideas among members of the trade. Their sugges-
tions on advertising are valuable and practicable; and
their editors are usually itching to take pen in hand
and give you all the help they can.
Examples of men who, they say, "never
sleep," have not been infrequent. They say
that Edison never really rests, and has no
hobby other than his work. But if you want
to interview a piano man who never rests,
stop off at Bluffton, Ind., and talk with Mr.
H. C. Bay—if he will pause long enough to
talk. He's a worker of the kind the space
fillers like to tell about.
* * *
If ever the history of the piano industry is
properly told, there will be a few names that
will shine because of phenomenal a'ccomplish-
ment. And well to the front among them will
be the name of Gulbransen. For it is that of
a man who began with nothing but his genius
and within a quarter-century built a giant
business and a large fortune.
* * *
Is a good name of great value in the piano
world? Perhaps so—certainly should be so.
But the house of Grosvenor & Lapham, retail
piano dealers, of Chicago, had built up a great
name for fine pianos and fair dealing. It was
frittered away by change of control and is now 7
quiescent.
* * *
It is sometimes asked why piano shows do
not draw the crowds that attend the radio
and other special industrial expositions.
Plainly enough it is because the piano lacks
the element of novelty that pertains to some
other things. It will be the same with radio
in a year or two.
* * *
Publication of the income tax figures dis-
closed that among the music industries the
American Piano Co. was the largest contrib-
utor to Uncle Sam's coffers. The amount paid
was $252,536.
CLEAR
SAILING AHEAD FOR IN-
DUSTRY.
I Chicago Evening Post.]
Whatever the economic hazards of the next two,
and possibly four, years, the result of the election
makes it certain that legitimate business will suffer
no added handicap through a hostile Congress.
The Republicans appear to have a working ma-
jority in the House and Senate and in the former, in
particular, it should be no longer possible for a radi-
cal minority to hold the balance of power and influ-
ence legislation by skillful political trading. The
November 15, 1924.
survivors of this once powerful group of La Follettc
associates will be back in Congress as holdovers but
they are likely to be more cautious in their attitude.
The defeat of Senators Brookhart and Magnus John-
son, leaders among the legislative business baiters,
will see lo that.
Added to this immunity from the destructionist
school of statesmanship is the steadying economic
factor of an unchanged national administration. The
uncertainty as to policies and appointments which al-
ways followed the ousting of a party from power will
be absent when President Coolidge begins his first
full term of office. Industry of the law abiding sort
knows that it will have nothing to fear, while the less
reputable variety already realizes that a Coolidge
chosen attorney general is in office who plays no fa-
vorites.
In the realm of economics, there is everv reason to
believe that all will be favorable. The farmer is in
a better position financially than he has been for the
last four years. He has a host of needs to be filled
because of his hand to mouth existence during the
deflation period, and this rural demand should more
than offset any slackening in city activities.
Clear sailing is ahead for industry and the political
skies arc more favorable than at any time since the
prewar days.
THE BUSINESS SITUATION.
[The Economist.]
Business men in nearly all branches of industry
and trade are now persuaded that the removal of
political uncertainties paves the way for a definite
program of improvement which will extend to all cor-
ners of the country. Even if this belief had to rely
for support solely on the number of its adherents
(and it does not have so to rely), it would be worth
while taking into consideration. Because the power
of favorable psychology in business is an element to
be taken very seriously. In addition to this favorable
psychology, other accessories before the fact are at
work to encourage new undertakings, more extensive
forward buying and a greater degree of confidence
all around.
30 YEARS AGO IN THE TRADE
From the Files of Presto
(November 15, 1894.)
Some of Manager J. M. Hawxhurst's recent adver-
tising in the daily papers is attracting no little atten-
tion. His "Morton's Latest" is a very clever skit of
the Ex-Vice President's testimonial to the Bradbury
piano.
The trade dinner will be given at the Auditorium.
Chicago, on Saturday night. Ex-Governor Levi K.
Fuller, of Vermont, will be the principal speaker.
Mr. Nahum Stetson and Mr. George H. Chickering
will probably not be present.
The Conover piano is receiving great attention in
Chicago and the West as a concert instrument. It
was heard in several important concerts last season
and received many words of praise from critical
musicians for its beautiful quality of tone.
Among the combinations recently formed in the
music trade, is one that bids fair to occupy an im-
portant place and make itself felt. This is the Clif-
ford Piano Co., recently organized for the manufac-
ture of the Clifford piano. This company is made-
up of the principal stockholders of the All Arbor
Organ Co., of Ann Arbor, Michigan, and Mr. Clifford
C. Chickering, of Chicago.
20 YEARS AGO THIS WEEK
(From Presto, November 17, 1904.)
A very pretty piano question has been sprung by
the Boston house of Stcinert. It is as to how far the
small grands may decrease in size without passing
the "danger line."
After the feast—music. Nothing makes more de-
lightful home music than the "Crown" piano. Let
your customers know this, then let the orders come
in quickly. P. S.—Portly Santa, too, is shortly due.
Are you ready? (A Geo. P. Bent adv.)
Wm. Knabe, of Wm. Knabe & Co., Baltimore,
reached New York Monday night for the Horse
Show. Mr. Knabe remarked that he drove around
the city for three hours before he found suitable
apartments, such is the crush at the better hotels
because of the show.
The latest report from the sick room of W. W-
Kimball is by no means an encouraging one. The
distinguished" piano magnate, industrial organizer
and wholesale mercantile manager, is now so weak,
it is said, that he is no longer lifted to a sitting posi-
tion. His life seems to be slowly ebbing away and
his life-long friends speak of him in tones of sadness.
More piano men are to be seen spinning down
Michigan avenue on up-to-date motor cars. Verily
there must be something doing in selling pianos.
Speaking of motor cars, Major Jonas M. Cleland, of
The Cable Co., sent the following dispatch to the
home office when he was last in the South: "What
about a branch at Mobile, Ala.? Ought we to open
one or not? Wire reply." The reply came all right,
characteristic if laconic—"Ought—to—Mobile."
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/
November IS, 1924.
HAND=TO=MOUTH
BUYING CONDEMNED
Veteran Traveler Deprecates a Practice
Among Dealers of Timidly Keeping Their
Stocks of Pianos Too Low and Points
Out the Inevitable Results.
UNFAIR TO INDUSTRY
Manufacturer Is Hampered by Hand-to-Mouth
Dealer in Organizing His Factory Force Which
Means Higher Production Costs.
The first sign of the success of the dealer who
starts with a progressive policy is a departure from
the practice of hand-to-mouth buying. Close buy-
ing with him may have been as much the result of
necessity as of shrewdness at his start in the piano
business, but the successful dealer in every instance
I have known had the determination at the beginning
to carry a reserve stock.
The successful piano dealer today had from the
beginning, from the humble start deserved to be char-
acterized as successful inasmuch as that his succes-
sive steps in business were along the path laid out
by a wise policy. The purpose not to remain a mere
hand-to-mouth retailer of pianos influenced his efforts
not only to provide the most varied line for his cus-
tomers, but an adequate reserve stock to anticipate
possible lively calls for the lines.
Difference in Methods.
But the successful dealer distinguishes the differ-
ence between generous buying and overstocking.
The man who overbuys and the one who buys from
Iiand-to-mouth are both menacing to the piano in-
dustry. The dealer who does not properly estimate
(he possibilities of sales in a coming season may be
tempted to overbuy. And the dealer who lets caution
cramp his determination to achieve good sales during
an approaching period may be timidly moved to cur-
tail his orders.
Deprecates Pinched Buying.
All wise buying is safe buying, but it does not fol-
low that it is pinched buying. One thing that every'
dealer with a glimmer of business sense can realize
is that the practice of hand-to-mouth buying is a
menace both to the retailer and the manufacturer.
The practice is plainly unfair to the manufacturer and
its natural result is to react on the retailer. It makes
it impossible for the piano manufacturer to make a
proper gauge of production requirements in advance.
In the midst of the holiday rush every year the
factories are deluged with frantic appeals for supplies
from close-buying dealers. In their false reckoning
they approach the beginning of the holiday trade with
minimum stocks of instruments of all styles. They
are not the kind who buy generously, who, spurred
by a good supply of pianos, attempt greater selling
efforts and the quick turnover. They are the kind
that arc as surprised at the unusual demand for the
goods as they are unprepared to deliver them to the
customers. Therefore the wires are kept hot with
their telegraphic appeals for the needed pianos.
These frantic calls for instruments to save the dealers'
PRESTO
embarrassment and save their profits disrupt the fac-
tories in the particularly busy seasons.
Unfair to Manufacturers.
But the hand-to-mouth practice is vitally harmful
all the year round. With fixed orders on file the
manufacturer is so placed that he can organize his
factory force so that he may operate in an advan-
tageous way for some time ahead. In this way things
run smoothly in the factory; there are no periods of
inaction and the work of the plant is not disorganized
by a flood of frantic appeals for pianos in the height
of a busy season.
Consideration of the hand-to-mouth custom of
buying naturally involves consideration of the ques-
tion of piano production in connection with the
lowering of manufacturing costs and decreased prices
of pianos to dealers. The manufacturer who can go
ahead uninterruptedly with his well-organized force
of contented workmen is in a better position to con-
sider lowering the prices than the distressed manu-
facturer who is harassed by the piano demands of
hand-to-mouth dealers at the busy periods and dis-
tressed by the paucity of their orders when sensible,
forehanded dealers are providing for the demands of
the future hand-to-mouth buying by dealers means
bigger selling expense for the manufacturer, unneces-
sary trips by travelers and other profit-eating inci-
dents that are unfair to him. The timidity of dealers
in placing orders for future delivery entails uncer-
tainty in the factory, waste in production and keeps
manufacturing costs at a high level and makes the
lowering of prices impossible.
M. D. S.
ORCHESTRA LEADER PAYS
TRIBUTE TO CABLE MIDGET
Walter Ford, Elated Over Performance of Piano,
Cites Severe Usage as Durability Test.
The Cable "Midget," which is called a "piano for
unusual places," has proven an ideal instrument for
orchestras and bands. It has the volume of tone
that is necessary in an orchestra and can ably stand
the strain of moving and constant playing.
In a testimonial sent to the Cable Piano Co., Chi-
cago, by Walter Ford, widely known as a leader of
orchestras and entertainment features, this was said
about the little instrument:
"I want to tell you how well pleased I am with
the Cable Midget I purchased. In rehearsing my
orchestra I gave it constant and severe usage but,
even under these unusual conditions, the little in-
strument has ably demonstrated its exceptional dura-
bility and permanence of tone."
In connection with the letter from Mr. Ford, which
is set in a large frame, the Cable Piano Co. is show-
ing a beautiful Cable Midget piano finished in oak
with a piano stool of the same finish and a well
appointed background.
AMERICAN PIANO CO.
MAY SPLIT SHARES
Big New York Combination Said to Be Get-
ting Ready to Extend Its Line of Share-
holders.
According to a report in New York financial cir-
cles early this week, the American Piano Company
would split its shares in the ratio of four to one,
and would apply for listing them on the New York
Stock Exchange.
The company is the holding and operating com-
pany which controls the Knabe, Chickering, Ampico,
and a half dozen other companies. The stock was
quoted around 120 bid and 130 asked. The report
was not confirmed nor has it been denied at the
offices of the American Piano Co. in New York.
Stockholders in the American Piano Co. who in-
vested at the outset have realized large profits and
even those who bought stock in the open market a
year, or less, ago have cleared a good many points
as the present price indicates. It is the first piano
stock that has been largely dealt in and its place as
an investment is due to good management.
ANOTHER STRONG "PREMIER"
AD IN MID=WEEK PICTORIAL
Around-the-World Fliers Made Basis of Dramatic
Display in Widely Read Magazine.
The New York Times Mid-Week Pictorial, Novem-
ber 6th issue, contains another of the striking Premier
Baby Grand National advertisements being featured
in this national weekly periodical.
The striking tie-up of the Premier Small Grand
with the recent 'round the world aviation flight is at
once apparent in the advertisement, and arrests at-
tention because of its dramatic message. The thirty-
six representative Premier dealers listed in this adver-
tisement again secure the dealer co-operation which
each one of these Premier messages emphasizes,
without exception.
This latest expression of the Premier National
advertising campaign conducted in the New York
Times Mid-Week Pictorial, forms a strong tie-up be-
tween the dealers and the public which must prove
of great value to both the Premier representatives
and manufacturers.
ATLANTA PIANO MAN'S VISIT.
F. B. Fisher, manager of the Atlanta, Ga., branch
of the M. Schulz Co., accompanied by his bride of a
few months, has been visiting the Chicago headquar-
ters and enjoying the hospitality of friends. Mr. and
PIANO SALES IN PORTLAND.
Mrs. Fisher have now gone to Michigan, the former
The Thompson Piano Co., doing business in the home of Mr. Fisher, for a few days' visit with his
establishment of Seiberling, Lucas Music Co., at 151 mother before returning south.
Fourth street, Portland, Ore., was visited recently
by Mr. Grebe, factory representative of Kranich
& Bach of New York, who is making an extensive
ACTIVE IN MILWAUKEE.
tour of the country. H. H. Thompson, proprietor of
Story & Clark pianos and the Repro-Phraso are
the company, says they are having a good volume being featured by the George H. Eucker Music Co.,
of sales of the Gulbransen pianos. Last week a 596 Mitchell Street, Milwaukee. Walter H. Eucker,
Kranich & Bach grand was placed in the new home who is managing the new store, was with the Story
of W. D. Fenton, manager of Seiberling, Lucas. Mr. & Clark company for several years and was for-
Fenton is a pianist of local note and his wife has an merly manager of the retail end of the business in
excellent voice.
Chicago.
INDISPENSABLE TO PIANO DEALERS AND SALESMEN
We are now making shipments of our latest model, which is Foolproof and indestructible.
Price reduced to $95.00 including extra good moving cover.
Shipped to responsible dealers on approval.
Try one. If you don't like it send it back.
BO WEN PIANO LOADER CO.,
Winston-Salem, N. C.
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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