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Music Trade Review

Issue: 1899 Vol. 29 N. 4 - Page 4

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Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC 'TRADE REVIEW
TWENTY-FIRST YEAR.
• EDWARD LYMAN BILL-
Editor and Proprietor
PUBLISHED EVERY SATURDAY
~~~ 3 East 14th St., New York
SUBSCRIPTION (including postage), United States,
Mexico and Canada, $a.oo per year; all other countries,
$300.
ADVERTlSEriENTS, $2.00 per inch, single column, per
insertion. On quarterly or yearly contracts a special dis-
count is allowea. Advertising Pages $50.00, opposite read-
ing matter $75.00.
REMITTANCES, in other than currency form, should
be made payable to Edward Lyman Bill.
Entered at (he iVew York Post Office as Second Clast Matter.
NEW YORK, JULY 22, 1899.
TELEPHONE NUMBER,
1745-EIGHTEENTH STREET
THE KEYNOTE.
The first week of each month, The Review will
contain a supplement embodying the literary
and musical features which have heretofore
appeared in The Keynote. This amalgamation
will be effected without in any way trespassing
on pur regular news service. The Review will
continue to remain, as before, essentially a
trade paper.
PLACE ORDERS.
CVIDENCE continues to multiply which
points toward early fall trade of huge
dimensions. Traveling men are already
burnishing up their arms and putting a
keen edge on their knives for the conquest.
It would seem as if America were drifting
on to industrial supremacy in a way which
will be most satisfying to all who are inter-
ested in this country's welfare. The mu-
sic trade industry must share with others
the great prosperity which is now upon us.
It is recognized by all that not for years
has there been such activity in the piano
factories during the summer months as at
present, and still, notwithstanding the life
which is apparent in the factories, there
has been as yet no appreciable accumula-
tion of stock.
There is no mistaking the fact that some
dealers must be short of stock and will
suffer delay in their orders if they wait
until the last moment to place them. It
will be utterly impossible for all to be sup-
plied if orders are delayed until a late date.
Dealers have been educated in recent
years to the belief that they could get in-
struments just when they desired upon a
day's call. This condition of affairs no
longer exists, and it is of the utmost im-
portance that men realize this to the fullest
extent. Manufacturers too are destined to
have more or less trouble in the filling
of orders. There is a metal famine ex-
isting iii this country to-day, and this
dearth in the metal world is destined to
cause costly delays and exceeding an-
noyance before the end of the busy
season.
It would seem to us, after consultation
with men who are prominent in the hard-
ware and metal worlds, that such a con-
dition will be almost unavoidable. The
only way that manufacturers can reduce
the possibility of costly delays is to order
well in advance and accumulate a sufficient
amount of hardware of all kinds to tide
them over a temporary delay which seems
bound to occur later.
The Review has been careful to urge
dealers and manufacturers to place their
orders early. We do not believe in wait-
ing until it is suggested that we do this, but
we believe that one of the duties of a trade
paper is to keep its readers fairly well in-
formed upon trade conditions.
Probably there is no institution in this
industry that is in closer touch with the
manufacturing, wholesale and retail trade
in America than The Review. We also
keep closely informed of conditions in
every other line of industry. Our infor-
mation is gleaned from experts, and we
take some pride in the fact that the past
utterances of this paper upon important
matters which affect trade welfare have
invariably proved correct.
vent shrinkage of the wealth or property
holdings of the men who now own stocks
of goods and store buildings. It is argued
that if competing manufacturers, banks,
railroads, newspapers, insurance compa-
nies, etc., find it advisable to unite their
properties and pool issues retail store-
keepers may find it advantageous to do the
same. They also present the idea that
before long large combinations of capital
will undertake in small cities, medium -
sized towns and villages what the depart-
ment stores have already done in Chicago,
New York and elsewhere.
As already suggested, the end of the
movement, if it shall be started in a prac-
tical way, seems to be the making of
storekeeping a public function done by the
municipality, the State or the nation.
This is a somewhat startling scheme, and
it may be interesting to see what the folks
who go to Mackinac Island will have to
say on the subject. Of course the idea is
not altogether new having been exploited
somewhat exhaustively in Bellamy's "Look-
ing Backward."
A movement along these socialistic lines
would tend to confirm the views of one of
our leading thinkers who said, in talking
RETAILERS TO TAKE ACTION.
of the centralization of wealth in great
SIGNIFICANT illustration of the trusts and the crushing out of the healthy
present trend of thought in the mer- middle class of the nation, all tending to
cantile world, is furnished by the move- the creation of two classes the very rich
ment now on foot to hold a meeting of the and the very poor, that it would end either
leading retail dealers of the country at in State socialism or revolution.
Mackinac Island, Mich., on July 26, 27 and
The entire scheme of the merchants in-
28, for the purpose of discussing various terested in this movement seems at the
questions connected with merchandizing, present time visionary, but as it emanates
among which are the advantage of co- from men of character and undoubted abil-
operative or united wholesale buying, the ef- ity, many of them leaders in their respec-
fect of co-operative distribution, whether co- tive lines of effort, it is therefore entitled
operative stores can render better service to consideration.
with less expense than privately owned,
Those interested in the movement cer-
competitively conducted stores, and store- tainly cannot be charged with being be-
keeping as a public function. The latter hind the times, and the meeting at Mack-
question is formulated as follows by inac Island will result in some very inter-
those interested: " T h e ethical and eco- esting debates.
nomic possibilities of public ownership
and operation as contrasted with some of
CALL A MEETING.
the wasteful practices and immoral conse- Y\TB.Y would it not be an excellent plan
quences of private and corporate owner-
to call a meeting of the Haines Bros,
ship of retail stores."
creditors, inviting the receiver to be pres-
The plan of those who have called the ent and ask that he state before the meet-
meeting seems to be to obtain ideas as to ing just precisely the present condition of
how merchants must act to "offset the affairs?
trade-centralizing power of the trusts, the
He could easily secure an order from
department stores and the mail-order busi- the Court, permitting him to pro-rata a
ness." It is stated that some of the re- certain portion of the moneys received
tailers who have promised to attend the nearly a year ago from the sale of the
meeting are of the opinion that in many Haines Bros, effects.
towns storekeepers will find it expedient to
There is a considerable amount of money
form combinations, afterward changing the involved in this failure and The Review
ownership from corporation to co-operative would be glad to hear from some of those
ownership under conditions which will pre- interested in the matter.
A

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