Presto

Issue: 1928 2165

PRESTO-TIMES
January 28, 1928
Announcing a New Grand
-%ams
Heppelwhite
The New Packard Grand—
Heppelwhite Model, Style R
4 ft. 7 in. long. Mahogany-
Bench, to match.
..Hacked by a 7{ealSale$Vlan!
1928 is the year of opportunity for Packard dealers. The Packard organization, old
in reputation but youthful in spirit, has kept in contact with dealers' problems in a
way that is enabling Packard to produce new designs in Packard instruments that
will sell most readily and to supply the selling assistance dealers need.
The Heppelwhite Grand shown at the right is the newest Packard value—a splendid
instrument in an exquisite case at a surprisingly low price. It's true Packard quality
in every line with the rich full rounded tone Packard Grands are noted for. Get the
Packard plan behind you—get Packard values on your floors. Write us now!
THE PACKARD PIANO COMPANY
3335 Packard Avenue
WILL A. WATKIN ON
TRADE=IN PROBLEM
In Commenting on "Suggestions to Help the
Trade" Previously Printed, Observant
Texas Dealer Adds Some Valuable
Observances for Profitable Sales.
A USEFUL SCHEDULE
Dallas Music Merchant Draws Attention to Separate
Section in Book Issued by Chamber and Ably
Points Out Its Efficiency.
A "List of Suggestions to Help the Trade," printed
in Presto-Times of January 14 and submitted by a
music dealer of prominence and long experience, has
evoked considerable interest in the trade. The writer
pointed out the "extreme gravity" of the music trade
situation and his suggestions specifically the lim-
iting of trade-in allowances. They also alluded to
the circumstances that make a sale a par or below par
affair, as well as other incidents that make for prof-
its or losses in sales of pianos and other music
goods.
In an interesting and instructive comment on the
"suggestions," Robert N. Watkin, secretary of the
Will A. Watkin Company, Dallas, Tex., called the
article a good one and agreed that the trade-in prob-
lem was "one of the worst to deal with from the
standpoint of profits."
A valuable set of suggestions for the solution of
the trade-in problem by Will A. Watkin, president
of the Dallas firm and a music merchant of experi-
ence whose opinion is highly valued by the trade,
are herewith reproduced:
SUGGESTIONS BY WILL A. WATKIN.
As a solution of the "trade-in" problem I suggest:
1. That a book of "Piano Retail Prices" be issued
by the National Music Industries Chamber of Com-
merce, showing the retail prices for which all various
makes of piano sell.
These retail prices to be determined by procuring
from not less than ten leading and most responsible
music merchants in various sections of the United
States, from New York to California, north and south,
the retail prices for which they sell the same style
and make of piano; and an average to be taken from
these prices which will determine the prices for the
respective pianos.
A Useful Schedule.
IT. That in a separate section of the book of
"Piano Retail Prices" a schedule be provided,
showing in periods of not more than five years, the
year in which each separate piano was made. This
schedule is to be similar to the schedule used in the
Ampico Art Society depreciation schedule.
III. That the dealer use the prices in the book of
"Piano Retail Prices" and the "Schedule" showing the
Fort Wayne, Indiana
year in which the piano was built, as the basis for
"resale" prices; and that the dealer is earnestly
advised and requested when fixing the exchange
value of the piano, to take into consideration the
number of years in use, the present condition, etc.,
and to fix a fair resale price for the piano after it is
placed in selling condition; and that from such fair
resale price, the dealer shall deduct forty per cent to
cover his overhead expenses and resale profit; and
after deducting forty per cent, shall also deduct a
further amount, representing an estimate for the real
cost of p'acing the piano in condition for resale.
Notice to Public.
IV. That prominently displayed in the book of
"Piano Retail Prices" will be inserted a "Notice to
the Public," that piano merchants selling pianos for
fair prices, cannot accept in exchange and sell old
instruments without a fair profit for the sale of the
o!d instrument, because the dealer must expend
money to put them in a resale condition and other-
wise incur additional expense for reselling them.
Observations and Notes
Note A. The above method for determining retail
price is of course not without objections, but with the
added provision that these prices are at factory points
and that extras and freights from factory should be
added, they will determine a very liberal retail price
as a basis for value.
B. It is doubtful if now any hard and fast ex-
change value could be suggested that will control
dealers. The first step toward a final goal will be
to encourage and advise the dealers, first for their
own advantage and profit, to accept the old instru-
ments in exchange for only such exchange values as
will permit them to make a profit in the resale of the
old instruments.
The Minimum Profit.
Forty per cent of retail prices is considered as mini-
mum profit for the dealer by the various phonograph
manufacturers. Piano manufacturers in general con-
sider that forty per cent or something more is fair
retail profit for the dealers. The retail dealer should
provide for himself at least forty per cent profit in his
resale of an exchanged instrument, and this forty
per cent he should provide for, plus the cost of
placing the old instrument in resale condition.
Illustration, Section I I I . Piano to be exchanged
sold new, retail price, $450.00, will resell in good con-
dition for $285.00. Deduct forty per cent, $114.00.
leaving $171.00. Deduct cost of repairs, etc., $45 00,
leaving $126.00, as proper exchange allowance.
In my judgment, the above offers a start toward
the final goal which some day will doubtless be
reached by some such exchange allowance schedule
as the typewriter companies provide their dealers and
salesmen.
W I L L A. WATKIN.
FARNY WURLITZER VISITS CHICAGO.
M. SCHULZ CO. SHOWS
NEW DIMINUTIVE GRAND
The Marionette Model of Aria Divina Repro-
ducing Grand Has Great Volume and
Brilliance of Tone.
The first of the diminutive Aria Divina grands
made by the M. Schulz Co., Chicago, is now on dis-
play in the retail sales rooms, 711 Milwaukee avenue,
and has already drawn considerable attention. A
claim to honors for building the smallest reproducing
grand in the world is made by the company, in its
new "Marionette" grand. This tiny piano is only
three feet eight inches long and forty-six inches
wide. It has a seventy-three note scale cleverly
worked out to provide volume and brilliance of tone.
The reproducing action is the Schulz Aria Divina,
a duplication of the action used in the larger Schulz
grands, but re-designed for the limited space provided
in the "Marionette" case.
It plays all standard 88-note reproducing rolls,
including the Q R S records and U. S. Auto-Art
Libraries as we'l as the specially made Aria Divina
Rolls.
The pump is a ball bearing crank unit to which the
expression box is fitted. The latter is cast aluminum
with a spill valve machined of the same metal. The
use of metal is a guarantee of even pressure and pre-
vents change in expression volume.
The "Marionette" case is a modified Louis XVI
design in hi-lite mahogany or walnut, with a lacquer
hand rubbed finish. There is a one-piece folding fall-
board, six turned mahogany trusses, and a shaped
music rack.
The M. Schulz Co. factories have resumed full
operation and are working hard to fill orders on this
newest product as well as the familiar Schulz Colony
grands, and Schulz players.
Business is considerably better than January, 1927,
according to Schulz officials, and they are confidently
expecting a record-breaking year.
R. A. BURKE ON BIG TRIP.
R. A. Rurke, of the Story & Clark Piano Company,
173 North Michigan avenue, Chicago, starts next
week for a trip into the Southwest, calling on the
trade in Texas, Oklahoma, Arkansas and adjacent
states. F. F. Story, vice-president and treasurer of
the company, is expected back in Chicago on Febru-
ary 2 from his Pacific Coast trip, and about this
time E. H. Story, president of the company, is ex-
pected at the main office also.
ATTENDS CONVENTION.
Gordon Laughead, general sales manager of the
Farny Wurlitzer, president of the Wurlitzer Man-
Wurlitzer Grand Piano Company, of DeKalb, 111.,
ufacturing Company and of the Wurlitzer Grand
left his office at 329 South Wabash avenue, Chicago,
Piano Company, whose headquarters are at the great on Monday of this week for a look-in at the factory
Wur'itzer plant, North Tonawanda, N. Y., was a at DeKalb, and on Tuesday he started east to attend
Chicago visitor last week in conference with the the conventions in New York on Thursday and Fri-
Wurlitzer officials here and at the Wurlitzer factory
day of this week. He made a call or two on his way
at DeKalb, 111.
eastward.
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P R E S T 0-T I M E S
The American Miuic Trade Weekly
Published Every Saturday at 417 South Dearborn
Street, Chicago, Illinois.
PRESTO P U B L I S H I N G CO., Publishers.
F R A N K D. A B B O T T - - - - - - - - - -
(C. A. DAN I ELL—1904-1927.)
J. FERGUS O'RYAN
_ _ _ _ _ Managing
Editor
Editor
Telephones, Local and Long Distance, Harrison 0234.
Private Phones to all Departments. Cable Address ( C o m -
mercial Cable Co.'s Code), " P R E S T O , " Chicago.
Entered as second-class matter Jan. 29, 1896, at the
Post Office, Chicago, Til., under Act of March 3, 1879.
Subscription, $2 a year; 6 months, $1.25; Foreign, $4.
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 correspondents, and
their assistance is invited.
Payment ia not accepted for matter printed in the edi-
torial or news columns of Presto-Times.
Where half-tones are made the actual cost of produc-
tion will be charged if of commercial character or other
than strictly news interest.
When electrotypes are sent for publication it is re-
quested that their subjects and senders be carefully indi-
cated.
Forms close at noon on Thursday. Late news matter
should be in not later than 11 o'clock on that day. Ad-
vertising copy should be in hand before Tuesday, 5 p. m.,
to insure preferred position. Full page display copy
should be in hand by Tuesday noon preceding publication
day. Want advertisements for current week, to insure
classification, should be in by Wednesday noon.
Address all communications for the editorial or business
departments to PRESTO PUBLISHING CO., 417 South
Dearborn Street, Chicago, III.
SATURDAY, JANUARY 28, • 1928.
The last form of Presto-Times goes to press
at 11 a. m. Thursday. Any news transpiring
after that hour cannot be expected in the cur-
rent issue. Nothing received at the office that
is not strictly news of importance can have
attention after 9 a. m. on Thursday. If they
concern the interests of manufacturers or
dealers such items will appear the week follow-
ing. Copy for advertising designed for the
current issue must reach the office not later
i han Wednesday noon of each week.
MUSIC IN SMALL TOWNS
In spite of the itinerant jazz bands, the num-
ber of "jazz acts" in vaudeville and the usual
character of the music of the small town mo-
tion picture theaters, the people in the smaller
places are becoming' more and more appreci-
ative of good music. The interesting fact,
which concerns the music dealer, was an-
nounced by speakers at the fifth annual con-
vention of the Civic Music Associations of the
United States, held recently in Chicago. The
improved attitude of the people should have a
helpful influence on such activities as the Na-
tional Piano Promotion Plan sponsored by the
National Piano Manufacturers' Association.
States, in three broadcasts, one of which was
made this week through the courtesy of the
R. C. of A. and the National Broadcasting
Company. Two more such broadcasts will be
held on Feb. 10 and 17, respectively, from 11
o'clock until noon.
His first program, on Tuesday night this
week, was for the especial benefit of educators,
supervisors of music, teachers, and parents, to
acquaint them with the plan. On Feb. 10, he
will broadcast a morning program for gram-
mar school children, and on Feb. 17 another
for high school students.
Educators throughout the East are mani-
festing great interest in Mr. Damrosch's pro-
posed demonstration, according to Frederick
C. Alclen, president of the Schoolmasters' As-
sociation of New York and vicinity. Three
hundred prominent educators of New York,
who are members of or are affiliated with the
Schoolmasters' association, witnessed Mr.
Damrosch's experimental program this week.
Mr. Damrosch's dream of presenting music
to the students of America in an interesting
and at the same time educational manner is
far reaching in its ultimate possibilities.
CORRECTING FICTION
While the piano business has improved in
ethical observances and the ethical breaches
are less numerous today than formerly, deal-
ers and salesmen too often make misleading
statements about some pianos in the desire
to close sales of others. Kvery piano manu-
facturer, at one time or another, has protested
against the unsportsmanlike action of offend-
ing dealers and salesmen. Even the most
prominent houses, those with pianos widely
known to be of the highest character, have
been annoyed by the unethical practices.
Of course, the piano with great competitive
power naturally provides a temptation for the
salesman advancing the claims of his piano.
About the Steinway piano, for instance, a lot
of fiction has accumulated in the minds of
salesmen selling other pianos. Misleading-
phrases have been carried by over-zealous
salesmen to the point of dangerous misrepre-
sentation.
To nullify the effects of such, Steinway &
Sons has just published a booklet, "Fiction
and Fact About the Steinway Piano." On one
page it cites a commonly used fiction about
the piano and on the opposite page is told the
true and convincing fact. Apart from its
value as a corrective of a lot of fable about a
great piano, the booklet is an interesting
vehicle for talking points of great potency for
Steinwav salesmen.
January 28,
tinuous process and the management assists
in developing latent leadership qualities in the
factory force. Something more than the in-
clination to study his job and analyze its
phases are required by the candidate for fore-
man. He must be able to see the plant as a
whole and must be able to understand the hu-
man relationships in industry. Foreman train-
ing courses are being carried on by individual
manufacturers, state universities, industrial
vocational agencies, chambers of commerce
and manufacturers' associations.
* * *
There will be an exhibit of pianos and other
music goods in connection with the Pageant
of Music planned for the annual convention
of the Western Music Trades Association in
Los Angeles, June 26 to 28, inclusive. As was
expected, the western trade, with character-
istic spirit, has underwritten the pageant and
its accompanying attractions, which are de-
signed to keenly interest the general public in
the means towards making music. The West-
ern Music Trades Association is recognizing
the advantages of inviting the prospective
buyers to take part in the convention, so to
speak. The incidents of the pageant will pro-
vide the means for good music goods propa-
ganda.
* * *
The influence of American "jazz" music in
foreign countries on the sale of American-
made musical instruments has been very pro-
nounced, and it is conceded that vast increase
in the exports of American instruments asso-
ciated with jazz music, is significant of a popu-
lar demand for that type of music. During
the calendar year 1922 shipments of band in-
struments from here to England were valued
at $3,514 and after a consistent increase each
year the shipments in 1925 amounted to $121,-
034. Owing to the great strike, shipments fell
off in 1926. It is said the shipments lor 1927
will be bigger than those for any previous
year.
Another set of suggestions printed this
week in Presto-Times, is worthy of the at-
tention of the earnest dealer. The sugges-
tions this time are by Mr. Will A. Watkin,
head of the Will A. Watkin Company, Dallas,
Tex., who favors a standard schedule of piano
depreciation to be prepared by the Music In-
dustries Chamber of Commerce. Mr. Watkin's
set of suggestions are the practical kind to be
expected from a music dealer of judgment and
experience and are valuable aids to the solu-
tion of a grave problem.
* * *
Apart from its value as a marshalling of
The new expression in music matters in the
forces and the outlining of campaign plans,
Another erroneous impression of the influ- the conference of Straube Piano Co. salesmen,
smaller places was an interesting change, the
speakers agreed. Whereas in the past a con- ences of radio on the phonograph business is roadmen, factory heads and the executives
cert or recital by some famous singer or mu- removed by a report of the Allen-Hough Man- last week was a significant showing of the
sician was treated simply as the appearance ufacturing Co., Racine, Wis., which began spirit which assures success in a sales effort.
of a great person and audiences were made up manufacturing portable phonographs about a Enthusiasm is contagious and where it is di-
of curious folk who w r erc more desirous of year ago with a force of fifteen workers. In rected, permeates every activity in an under-
seeing the celebrity than of hearing his art, spite of the supposed deterrents of radio com- taking. Such enthusiasm has its best effect
today the assemblages are more interested in petition the business has grown from the be- in promoting a cordial relationship between
the music offered than in the individual ginning. The production rate of the increased the dealers and the manufacturing company.
force of eighteen to eighty-seven factory
artists.
* * *
workers is 600 portable phonographs a day
The year 1928 is another of the years in
and the factory on an overtime schedule.
which the slaves of precedent will bow their
DAMROSCH PROMOTION PLAN
* * *
necks to the yoke of the inevitable. In the
Mr. Walter Damrosch. conductor of the New
The importance of foremen in the industries music trade as elsewhere are those who ex-
York Symphony Orchestra, is now presented is so well recognized that the number of
as a powerful aid to piano promotion plans courses in foreman ship established in the pect the worst in Presidential election year.
and similar efforts in the cause of music. Mr. United States has grown from 105 in 1922 to This year is one in which viewing with alarm
Damrosch has a plan to teach music to the 933 in 1927. The production of foremen in the will be a common mental activity and in which
millions of school children in the United representative music goods factories is a con- high priests of precedent will offer up large
sacrifices of energy to the deity, Bunk.
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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