Presto

Issue: 1925 2034

July 18, 1925.
PRESTO
presto
THE AMERICAN MUSIC TRADE WEEKLY.
Published Every Saturday at 417 South Dearborn
Street, Chicago, Illinois.
C. A. DANIELL and FRANK D. ABBOTT •
• Editors
Telephones, Local and Long Distance, Harrison 234
Private Phones to all Departments. Cable Address (Com-
mercial Cable Co.'s Code), "PRESTO," Chicago.
Entered as second-class matter Jan. 2U, 1896, at the
Post Office, Chicago, Illinois, under Act of March 3, 1879.
Subscription, $2 a year; 6 months, $1; Foreign, f4.
Payable in advance. No extra charge In United States
possessions, Cuba and Mexico. Rates for advertising on
application.
Items of news and other matter are solicited and if
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, JULY 18, 1925.
CHAIN MUSIC STORES
During the past few years a good deal has
been said about the steadily extending busi-
ness of the Landay Bros., Inc., in the eastern
cities. A year ago the concern named opened
one of the greatest general music houses in
New York City, where it had already been
long established. And it has other large
stores to which this week one is added at
Newark, New Jersey. And the latest Landay
Bros, store is of such proportions that the
building alone involves an investment of
$500,000.
A chain of piano stores would suggest noth-
ing new, for there are already many of them.
Such piano enterprises as those of Grinnell
Bros., of Detroit, C. S. Fredericks, of Pitts-
burgh, Smith, of Akron, Pearson of Indianap-
olis, and others, present proof enough of prof-
itable chain stores in the music line. So, too,
do the great piano industries, such as Stein-
way & Sons, The Cable Company, The Story
& Clark Piano Co., M. Steinert Sons, P. A.
Starck Piano Co., Jesse French & Sons Piano
Co., and several more of the manufacturers
whose branch stores are scattered to distances
far from the factories.
But the piano is not the only thing in the
music stores. Nor is the music store depend-
ent solely upon the piano. And this suggests
that the item in the music trade that seems
best fitted to the chain store idea is as yet
without the possibilities, or advantages, of
that wide-spreading system. The sheet music
trade needs it. With the exception of the de-
partment store music counters, there is no
established outlet for sheet music that is so
controlled as to suggest anything like a gen-
eral distribution of the offerings of the music
publishers, most of whom are isolated in the
main purposes of their effort.
To illustrate, suppose, instead of the de-
sultory and wholly ineffectual spurts of the
so-called "independent" publishers, s o m e
wide-awake leader in the trade were to adopt
the plan of placing counters, of uniform size
and design, in a thousand piano stores. Today
the average exclusive piano store is as silent
as a morgue. It needs the life of music itself.
A sheet music counter would awaken the life
of trade—the "small" trade—which means
business, and still more business, after the
piano sales are made.
The idea is practical. It is good. The only
problem is how to do it to advantage. It will
be the purpose of Presto to tell how in a way
by which the entire business of music selling
—piano selling, too—may certainly be en-
livened. The articles will interest, even
profit, a good many who have long been read-
ers of "the American Music Trade Weekly."
EGGS IN ONE BASKET
Not many subjects have created more di-
versified discussion in the piano industry than
that of the best way for placing agencies, or
for the distribution of instruments among the
dealers. At some of the early conventions the
subject was discussed, also, and the question
as to whether it was better to sell many in-
struments to a few dealers, or fewer instru-
ments to many dealers, was a matter of dif-
fering opinions. Consequently, and inasmuch
as the question has never been settled, any
discussion of the subject from the angle of
some other line of business, must prove in-
structive to piano men.
Of course, the piano business, as few will
question, is not just like all other lines of in-
dustry and trade. There are considerations
here which do not exist in lines where each
individual item is of comparatively small im-
portance, or where the goods afford a safer
basis of credit or security. It takes but a few
pianos to make a considerable charge account,
while in some lines it is safe enough to ship
samples, even if the credit rating is not so
good.
A recent issue of the New York Times had
an article on this subject which we deem
worth repeating on another page. The article
covers the subject of the single customer pol-
icy very thoroughly. And, while it is never
customary in the piano industry to place any-
thing like controlling, or entire selling, priv-
ileges with one concern, or house, there are
dealers who buy so largely of single indus-
tries as to make the distribution almost ex-
clusive in a very large territory.
Possibly the. rapid growth, of late years, of
the stencil habit may be due to the desire of
the large retailer to control some piano name.
In that sense, of course, the criticism of the
Times does not apply further than pertains
to the question of credit or safety. And there
are very few of the large piano distributors
whose financial stability is challenged.
However, the discussion by the New York
Times of the custom of exclusive customers
is one that touches the piano business perhaps
more closely than many others. Therefore,
the article will be read with interest by a
large share of trade paper readers.
About the on»ly man-from-monkey proof
that has not been mentioned is that the
simian tribes were once wont to play the
piano with their feet. In fact, we have not
yet been told that monkeys ever played the
piano at all. So that there still remains a dis-
crepancy in the stories of our biological
history.
The Hardman piano has a very firm hold
upon a good share of the local New York
trade. The Metropolitan Sunday papers
carry remarkably strong advs. of Hardman,
Peck & Co. This, added to the substantial
merits of the instruments themselves, does the
business.
Among a full page illustrated displav of
New York's great structures of the near fu-
ture, which appeared in last Sunday's "Amer-
ican," was an artistic drawing of the new
Aeolian Hall as it will soon rise on Fifth
Avenue. It made an impressive forecast.
* * *
New York business is forming the habit of
closing at noon on Saturday and staying
closed most of Monday. It's not easy to find
the head of the house in his office during the
thirteen business hours of the "day before"
and after.
30 YEARS AGO IN THE TRADE
From the Files of Presto
(June 18, 1895.)
We have particulars of several promising oppor-
tunities for the investment of moderate capital in
different manufacturing branches of the trade. Any
seriously inclined investigators will be welcome to
information on application.
Is the piano an article of furniture? The enter-
prising members of the trade in Cincinnati seem to
have decided that it is not. The furniture trade
exposition now at its height in the city named, is
sustained by "all the leading manufacturers and deal-
ers" of Cincinnati.
Why not, then, entire piano cases of papier mache?
Spruce sawdust, cotton or jute waste and alcohol
are put into a machine and come out shining, deli-
cately colored, and as firm as mahogany or rosewood.
The most fastidious could not detect the imitation
from the genuine "hardwood."
"My lorde, awake, come ope yr eyes,
Swepe off yr perch and advertyse!
Ye ancient style no longer goes,
'Tis printer's ink must heal our woes.
He is toe slowe who slepes away
Thro' alle ye lazie summer daye
To wait for autumn skies to loom
Before he shall his business boome.
My lorde awake, come ope yer eyes,
Thro' all ye summer advertyse.
20 YEARS AGO THIS WEEK
(From Presto, June 22, 1905.)
The personal property lists of Chicago show that
there are 12.800 pianos in the city—which is possibly
one-quarter of the actual number, says a Tribune
writer.
The Starr Piano Co.'s remodeled store at Rich-
mond, Ind., has been opened to the public. It has
taken weeks of work but the company feels well
repaid, for it is now one of the finest piano stores in
the country.
The eleventh annual meeting of the Music Publish-
ers' Association of the United States took place at
the Broadway Central Hotel, in New York City,
Tuesday and Wednesday, June 13 and 14, 1905, the
president, J. F. Bowers, in the chair; Chas. B. Bayly,
secretary.
After a month's labor the piano concern backed
by Charles F. Netzow of Milwaukee is landed. The
local advancement association raised $35,000, $20,000
from the sale of lots and $15,000 cash. Messrs.
Netzow, Brockmeier and Kutz are the promoters.
The plant will be 110x360 feet, three stories, brick,
and will employ 400 hands.
As demonstrating the possibility of an honest
Piano Buyers' Guide, quite an edition of the Blue
Book of the piano trade was distributed at Put-In-
Bay with the compliments of the publishers. We be-
lieve that every dealer who received a copy of the
book will want several copies of the revised edition
which will appear early next year.
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/
PRESTO
July 18, 1925.
EDQAR C. SMITH QUEST
AT ANNIVERSARY PARTY
Retail Manager of W. W. Kimball Company
Entertained at Dinner at Edgewater Beach
Hotel by Association.
Edgar C. Smith, retail manager of the W. W. Kim-
hall Company, Chicago, who has been with the com-
pany for forty-live years, was a guest at an anni-
versary celebration. He attended last week a dinner
party which was in the nature of a surprise to him.
The entire retail department of the company gave the
advertising and selling campaign. He is the inven-
tor of a telephone pad holder which has an index,
and that clamps to the instrument. He has had a
large number of these pads imprinted with the infor-
mation that he is the Hardman agent, and has en-
gaged a crew of men and women canvassers to solicit
business. These holders and pads are given free
and duplicate pads can be had for the asking. They
are proving a good advertising medium. A series
of ads are also being run in the newspapers and
Mr. Ott and his organization are bending all their
efforts to make the campaign a success.
ESTEY WINS TRADE
FOR JOHN CHURCH CO.
New Chicago Store of .Energetic Firm Has
Obtained Good Results from Fea-
turing Estey Grands.
One of the latest a.id most elaborate retail estab-
lishments on Chicago s piano row is the John Church
Company at 430 So lth Wabash avenue, which has
been active in featur ng a line of instruments that has
appealed to the public.
A tine line of grands that are consistent sellers
are represented by the active firm, which has stores
in several large cities. A prominent piano in the
company's warerooms is the Estey, which is featared
to a high class trade and has been a big factor in
the progress made by the company.
The Chicago store, which is elaborately decorated
and the Estey grands have fitting surroundings. The
impressive arrangement of the wareroom shows the
Estey instruments in a most conspicuous fashion.
A single row of grands catch the eye from the door,
lu between each instrument is a lamp and a soft,
comfortable sofa. Fine rugs complete the furnishings
surrounding the Estey and other pianos in the ware-
room.
When you say that
the Tonkbench is the
best value procurable
in a piano seat, We
will ma\e your state-
ment ring true, by
giving both you and
the customer a life
long guarantee.
You can afford to
stake your name on a
Tonkbench anytime.
SHERMAN, CLAY & CO.'S STOCK
LISTED ON STOCK EXCHANGE
San Francisco Stock and Bond Exchange Lists Seven
Per Cent Prior Preferred and Others.
EDGAR C. SMITH.
Tonk
Manufacturing Co.
party which was said to be one of the biggest nights
the force has ever had. All of the company's officers
and directors were there, including' C. N. Kimball,
president.
The party was held at the Edgewater Beach
Hotel. Eugene Whelan, as Mr. Smith's assistant,
acted as toastmaster on the occasion, and made the
speech at the presentation of a beautifully embossed
testimonial.
Short talks were made by all the old employes.
Every sub-department was represented by a talk.
Mr. Smith was greatly touched at the show of affec-
tion by his associates.
1910 Lewis Street, Chicago
ITEMS OF NEWS FROM
CLEVELAND, 0 . FIELD
Interest in Forthcoming State Association
Convention Stimulated by Publication of
Topics for Discussion Thereat.
THE BEST m
P
Members of the Ohio Music Merchants' Association
have been sent a list of subjects by Rexford C.
Hyre, secretary, who has asked them to check six
of the subjects as being the ones they would like
to have discussed at the forthcoming convention of
the association to be held in Cincinnati Sept. 15 and
16. The following are the subjects:
Overhead Compared to Volume; The Carrying
Charge; Bait Advertising; Radio Discounts; Future
of the Talking Machine; Advantages of Handling
Smaller Musical Instruments in Music Stores; How
to Create and Secure Trained Piano and Musical
Merchandise Salesmen; Financing of the Music Busi-
ness; How Best to Accomplish Tuning and Service;
Mutual Insurance; Are Freight Rates on Musical
Merchandise Excessive?; The Copyright License
Problem Now Being Enforced Against Retail Buy-
ers of Sheet Music, Rolls and Records for Business
Use.
Serge Halman, special representative of the Aeo-
lian Co., New York, gave interesting talks to the
firm's salesmen at the Drelier Piano Co., Cleveland,
last week.
George Ott, president of the G. M. Ott Piano
Co., 1915 and 6101 Euclid avenue, Cleveland, repre-
senting the Hardman piano, is starting an aggressive
Sherman, Clay & Co.'s 7 per cent prior preferred
stock, issued a couple of years ago, has been listed
on the San Francisco Stock and Bond Exchange.
This issue consisted of 30,000 shares of $100 par
value, of which 29,574 were issued and are outstand-
ing.
Also outstanding are 17,390 shares of 6 per cent
cumulative preferred and 20,000 shares of common
stock now on a 6 per cent basis. Sherman, Clay &
Co. has no funded indebtedness. The 7 per cent
prior preferred stock is cumulative and is preferred as
to assets and dividends over the other issues and
carries full voting rights.
GULBRANSEN FACTORY
VISITED BY DEALERS
Representative Men From Many Points See Activi-
ties in Great Chicago Plant.
One of the visitors to the factory of the Gulbransen
Company, Chicago, last week was Milo Barrett, of
the Frazelle Piano Company, Toledo, Ohio. Mr.
Barrett had been taking a rest and had spent two
months in California, attending the Shrine Conven-
tion and otherwise enjoying himself. He and Mrs.
Barrett stopped off to see Yellowstone Park and the
Grand Canyon.
While in Chicago Mr. Barrett made his visit to the
Gulbransen factory one of the interesting events of
his stay in the city.
Other visitors to the Gulbransen factory last week
were J. A. Rix and his son, Ralph, of the Rix Fur-
niture & Undertaking Company, Big Springs, Lam-
esa, and Lubbeck, Texas. Also M. Baron of the
Shecter Music Co., of Cumberland, Md.
NEW HARDMAN CHART.
A large chart printed by Hardman, Peck & Co.,
New York, comprises a practical treatise on the care,
adjustment and repair of the various working parts
of the Playotone and Autotone pneumatic actions
used in Hardman player-pianos. Copies of the chart
which is being mailed to Hardman representatives
throughout the country, deals with such action trou-
bles as the tardy return of notes, lack of resistance
in pumping, correcting the speed and tempo, etc.
It has an index dealing with seventy-five parts, which
are shown in the various cuts and diagrams of the
actions.
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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