Music Trade Review
Issue: 1903 Vol. 37 N. 7 - Page 8
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
8
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN
BILL,
EDITOR AND PROPRIETOR.
J. B. S P I L L A N E
MANAGING EDITOR.
EXECUTIVE STAFF :
THOS. CAMPBELI^COPELAND
OEO. B. KEIAiER
W. MURDOCH LIND
A. EDMUND HANSON.
EMILIE FRANCES BAUER
GEO. W. QUER1PEL
A. J. NICKLIN
Published Every Saturday at I Madison Avenue, New York.
SUBSCRIPTION (Including postage), United States, Mexico and Canada, f 2.00 per
year; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per Inch, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages $50.00; opposite
reading matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
• Entered at the New York Post Office as Second Class Matter.
NEW YORK, AUGUST J5, J903*
TELEPHONE NUflBER, 1745-EIQHTEENTH STREET.
TH C
On the first Saturday of each month The Review contains In Its
ARTISTS'
"Artists' Department" all the current musical news. This is
"_'
,
effected without in any way trespassing on the size or service
DEPARTMENT of the trade section of the paper. It has a special circulation, and
therefore augments materially the value of The Review to advertisers.
DIRECTORY
The directory of piano manufacturing firms and corpora-
tlons found on page 31 will be of great value as a reference for
d
l
d
t
h
EDITORIAL
XT OTWITHSTANDING the ruin and devastation which has re-
*• ^ cently taken place in Wall street through the demoralizing
break in stocks, general business has moved along serenely.
As long as the unsettled conditions prevail in the great stock
markets of the world it is natural that there will be an air of nerv-
ousness and precaution in the business field, but the events of the
past few weeks have demonstrated pretty clearly that the business
interests of the country have advanced to a point where they are
not immediately staggered by any collapses which occur in the
stocks.
The agricultural interests of the country are gigantic and
promise to yield a bountiful harvest in all lines.
S far as this industry is directly concerned, the outlook is most
encouraging for both manufacturers and dealers. While
recently chatting with Edmund C. Wanckel, one of the directors of
The American Felt Co., he took occasion to remark that the great
factories at Dolgeville had never been busier during the summer
months than at the present time. There was no slowing up of or-
ders, in fact the usual summer decline had not been in evidence this
year, and that as far as he could determine, the future was full of
confidence.
Mr. Wanckel's opinions are of exceeding value, for he occu-
pies a position which affords him an insight into the inner business
conditions, not only of this industry, but of the entire country.
Furthermore, he has been intimately associated with financial mat-
ters for many years and brings to bear a trained and logical mind
upon the analysis of any situation which is brought before him.
Perhaps it may be said of him that he tends a trifle toward con-
servatism rather than to optimism. The opinions of Mr. Wanckel
A
REVIEW
and the fact that the great producing factories with which he is
connected have been so busy during the summer months emphasizes
the healthful condition of the piano industry.
'"T" HE future of the small grand is indeed promising and there
*
is no question but that it will play an important part in piano
business of the future. A number of the manufacturers will
have grands of the smaller pattern upon the market for the Fall
trade. The demand for this style of instruments will continue to
grow until manufacturers who are to-day confining their attention
exclusively to uprights will be forced into making grand pianos
after the small pattern. Manufacturers even now are planning to
reorganize special departments for the creation of this style of in-
struments. They realize that in order to turn out the small grands
at a profit, they must make them in increased quantities, and to do
that satisfactorily they must have as systematically arranged de-
partments as for other piano creations.
H P HE small grand has come so much into vogue that we have
*
adopted the word "small" to designate it in place of the
appellation "Baby Grand," which has been in use for so many
years. "Baby" is not a proper name for a small grand piano, and
the matter of names will be somewhat difficult to select to desig-
nate the product of any particular manufacturer. Chickering &
Sons struck a very popular title for their creations, in the "Quarter
Grand," and there, too, by the way, is a beautiful, alliterative
phrase, "The Pease Petite Grand," but almost any name is better
than the obsolete and clumsy phrase "Baby Grand." But while
there may be a dearth of fitting names we never will reach a time
when it will be in good form to introduce such ridiculous ideas re-
garding names for special products as prevail in some industries.
The limit has been reached by the food makers. The breakfast
food family is getting so complex that it is pretty difficult to de-
termine whether Weneeda Shredded Wheat or a Baylahay.
OHN V. STEGER gave utterance to a clear-cut truth when
he said: "I wish to point out the value of absolute truth-
fulness in word and deed. The actual, tangible cash value of
character as an asset is beyond computation. A reputation for
ability and energy, coupled with strict honor, will pull a man
through many business troubles, short of a general calamity." Now,
there is something that young men can paste in their hats and read
with profit almost any time when they have an idle moment; it is
good food and digestible at that.
J
IANO men are more than ever seeing the necessity of a com-
plete system in every part of their business. Chatting re-
cently with one of the most successful manufacturers upon the
subject of system, he said: "We keep a most comprehensive record
of every department of this business, so that when the reports reach
me I am able to boil down the business for each year into records
not covering a larger space than a single page of a small note-
book," and even after producing this book and emphasizing some
special features, the manufacturer discussed each department in
a manner which told how accurately he was in touch with the entire
machinery of his business.
P
There is no mistaking the fact that men in all lines of business
are waking up to the fact that system is an absolute essential to
success.
8
THE
MUSIC TRADE
REVIEW
EDWARD LYMAN
BILL,
EDITOR AND PROPRIETOR.
J. B. S P I L L A N E
MANAGING EDITOR.
EXECUTIVE STAFF :
THOS. CAMPBELI^COPELAND
OEO. B. KEIAiER
W. MURDOCH LIND
A. EDMUND HANSON.
EMILIE FRANCES BAUER
GEO. W. QUER1PEL
A. J. NICKLIN
Published Every Saturday at I Madison Avenue, New York.
SUBSCRIPTION (Including postage), United States, Mexico and Canada, f 2.00 per
year; all other countries, $4.00.
ADVERTISEMENTS, $2.00 per Inch, single column, per Insertion. On quarterly or
yearly contracts a special discount Is allowed. Advertising Pages $50.00; opposite
reading matter, $75.00.
REMITTANCES, in other than currency form, should be made payable to Edward
Lyman Bill.
• Entered at the New York Post Office as Second Class Matter.
NEW YORK, AUGUST J5, J903*
TELEPHONE NUflBER, 1745-EIQHTEENTH STREET.
TH C
On the first Saturday of each month The Review contains In Its
ARTISTS'
"Artists' Department" all the current musical news. This is
"_'
,
effected without in any way trespassing on the size or service
DEPARTMENT of the trade section of the paper. It has a special circulation, and
therefore augments materially the value of The Review to advertisers.
DIRECTORY
The directory of piano manufacturing firms and corpora-
tlons found on page 31 will be of great value as a reference for
d
l
d
t
h
EDITORIAL
XT OTWITHSTANDING the ruin and devastation which has re-
*• ^ cently taken place in Wall street through the demoralizing
break in stocks, general business has moved along serenely.
As long as the unsettled conditions prevail in the great stock
markets of the world it is natural that there will be an air of nerv-
ousness and precaution in the business field, but the events of the
past few weeks have demonstrated pretty clearly that the business
interests of the country have advanced to a point where they are
not immediately staggered by any collapses which occur in the
stocks.
The agricultural interests of the country are gigantic and
promise to yield a bountiful harvest in all lines.
S far as this industry is directly concerned, the outlook is most
encouraging for both manufacturers and dealers. While
recently chatting with Edmund C. Wanckel, one of the directors of
The American Felt Co., he took occasion to remark that the great
factories at Dolgeville had never been busier during the summer
months than at the present time. There was no slowing up of or-
ders, in fact the usual summer decline had not been in evidence this
year, and that as far as he could determine, the future was full of
confidence.
Mr. Wanckel's opinions are of exceeding value, for he occu-
pies a position which affords him an insight into the inner business
conditions, not only of this industry, but of the entire country.
Furthermore, he has been intimately associated with financial mat-
ters for many years and brings to bear a trained and logical mind
upon the analysis of any situation which is brought before him.
Perhaps it may be said of him that he tends a trifle toward con-
servatism rather than to optimism. The opinions of Mr. Wanckel
A
REVIEW
and the fact that the great producing factories with which he is
connected have been so busy during the summer months emphasizes
the healthful condition of the piano industry.
'"T" HE future of the small grand is indeed promising and there
*
is no question but that it will play an important part in piano
business of the future. A number of the manufacturers will
have grands of the smaller pattern upon the market for the Fall
trade. The demand for this style of instruments will continue to
grow until manufacturers who are to-day confining their attention
exclusively to uprights will be forced into making grand pianos
after the small pattern. Manufacturers even now are planning to
reorganize special departments for the creation of this style of in-
struments. They realize that in order to turn out the small grands
at a profit, they must make them in increased quantities, and to do
that satisfactorily they must have as systematically arranged de-
partments as for other piano creations.
H P HE small grand has come so much into vogue that we have
*
adopted the word "small" to designate it in place of the
appellation "Baby Grand," which has been in use for so many
years. "Baby" is not a proper name for a small grand piano, and
the matter of names will be somewhat difficult to select to desig-
nate the product of any particular manufacturer. Chickering &
Sons struck a very popular title for their creations, in the "Quarter
Grand," and there, too, by the way, is a beautiful, alliterative
phrase, "The Pease Petite Grand," but almost any name is better
than the obsolete and clumsy phrase "Baby Grand." But while
there may be a dearth of fitting names we never will reach a time
when it will be in good form to introduce such ridiculous ideas re-
garding names for special products as prevail in some industries.
The limit has been reached by the food makers. The breakfast
food family is getting so complex that it is pretty difficult to de-
termine whether Weneeda Shredded Wheat or a Baylahay.
OHN V. STEGER gave utterance to a clear-cut truth when
he said: "I wish to point out the value of absolute truth-
fulness in word and deed. The actual, tangible cash value of
character as an asset is beyond computation. A reputation for
ability and energy, coupled with strict honor, will pull a man
through many business troubles, short of a general calamity." Now,
there is something that young men can paste in their hats and read
with profit almost any time when they have an idle moment; it is
good food and digestible at that.
J
IANO men are more than ever seeing the necessity of a com-
plete system in every part of their business. Chatting re-
cently with one of the most successful manufacturers upon the
subject of system, he said: "We keep a most comprehensive record
of every department of this business, so that when the reports reach
me I am able to boil down the business for each year into records
not covering a larger space than a single page of a small note-
book," and even after producing this book and emphasizing some
special features, the manufacturer discussed each department in
a manner which told how accurately he was in touch with the entire
machinery of his business.
P
There is no mistaking the fact that men in all lines of business
are waking up to the fact that system is an absolute essential to
success.
Future scanning projects are planned by the International Arcade Museum Library (IAML).