Music Trade Review
Issue: 1907 Vol. 44 N. 4 - Page 3
Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
«
*
•
RENEW
THE
ffU SIC T^ADE
VOL.
XLIV. No. 4.
Published Every Saturday by Edward Lyman Bill at 1 MadisonAve-, New York, January 26,1907
THF
OF
PIANOS
304 710
'
market. The figures indicate, mark you, the in-
crease in the cost of the various parts over the
lowest point during the past decade:
°
.
2 25
• -
' *„ „_
« w
tv,
v,
i
^
T h e r e a r e S m e COmmercial
4.1. •
affects those who make their own cases, al-
though those who buy from the case makers pay
their share of the advance of this commodity in-
directly. Rents and taxes are also factors that
cannot be eliminated from this calculation both
adding indirectly to the general cost
'
Coming down to the matter of suppie?, a bet-
ter basis is obtained on which to form the de-
sired estimate. Two grades of pianos are taken
to show the increase, one a good grade of com-
mercial instrument and the other one of an ex-
ceptionally high grade, into which enter only the
best material obtainable in this or any
WHY
Some
ThG
of property
i n
__
R i v e r a n d e a s t of t h e Mississippi River, and south
*„,.
°
instruments that
may not show auite such an increase, while on
One of the largest factories in this city, in the other hand, few of even the high grade in-
computing the cost of selling pianos, finds an ad- struments will show as high an increase in cost,
bUt an aV6rage f f r m 8 t0 10 PGr Cent m Y
vance of 3 per cent, over ten years ago. This
° °
* ^
&CCePted &S &CCUrate T tMs mUSt be added thG
cost is divided as follows: Salaries, 3 per cent.;
-
°
increases mentioned previously, and the average
hotel bills, 2 per cent.; advertising and cata-
manufacturer finds it is costing from 10 to 15
Ogues 1 p,r cent. Transportation is not men-
^
^
^ ^
^ i n s t r u m e n t t h a n gay
tioned in this calculation, as the variation has
ten years ago. The makers of the cheaper class of
been too small to estimate. General factory ex-
pianos have reached their limit of reduction in
penses also show a marked advance, these includ-
cost unless they seriously impair the quality, and
ing fuel, repairs and wages. The percentage of
are compelled to ask for a greater advance rela-
hese items is hard to figure, particularly the
^
^ ^ ^ Qf g
hlgh . grade
latter, as much depends on the matter of the fac-
goods, as the margin of percentage has been
tory being under union control or an open shop. m o r e i n f a v o r o f t n e
latter. Terms of selling
The shortening of hours of labor as well as the
have grown longer in the same period, entailing
increase of wages per hour has to be taken into
added interest to the manufacturer on the in-
consideration in this estimate, and it is safe to
nested cost of each instrument, which must be
approximate the increased labor cost at from 15
figured in the sum total.
to 20 per cent. The fuel question only directly
a
value
AR ENTS
of the m u ^ a d e will be interested
to learn that the Merchants' Association of New
York have arranged for reduced fares over the
central
Passenger territory and the trunk line
territory-except from points less than 100 miles
from New York—at the following rate: To New
^
^ ^
^ ^
returning ^
Central passenger territory includes points
west of (but not including) Buffalo, Niagara Falls,
Suspension Bridge and Salamanca, N. Y.; Pitts-
burg and
Allegheny, Pa.; Bellaire, O.; Wheeling,
Parkersburg, Charleston and Huntington, W.
other bass
...
25
10Q
Actions
1 00
2 00
Hammers' and felts '.'.'.'.'.'.'.'.'.'.''.'.'.' .30 1.00
Varnishes show but little change.
urates or s Ks
d)
A
.
t h e t r u e
O
\N\\o Desire to Visit New York from Feb. 9
to M a r c n 1 9
Over the Central Passenger or
Trunk Line Territories.
Ivory keys and ebony sharps.... fl.00
$3.00
^hogany and walnut cases
2.00 6.00
a
cases
'
Hacks
.75 1.50
Plates'
100
Hardware"including'casters'' iun-
mg pms, hinges, screws, bolts
I n 1860
$ LO°PER\E
the whole country, including the South, was only
$16,160,000,000. The increase in real wealth in
the South during the year approximates $2,656,-
, . ,
.
, m i _
'
956,158, which means an increase at the rate of
about $7,280,000 a day, including Sundays and
holidays. Plenty of money here to buy pianos, is
there
not?
KEDUCbD
rAKtS rl)K DbALcKS
Careful Analysis Made by The Review of the Cost of Selling, Transportation, General Factory
Expenses, Labor, Fuel, Rents, Taxes and the Various Supplies Show an Increase of Cost
That Can No Longer be Overlooked by Manufacturers and Which Must Impress Dealers
With the Fact That More Money Must be Paid for Pianos to Manufacturers and That
They Must Get More from Their Customers Without Delay.
The increased cost of making pianos is one of
the great questions of the hour. In order to sup-
plement recent articles on this subject, which
have appeared in The Review, we have compiled
some interesting statistics, which prove conclu-
sively that the piano manufacturers of this coun-
try are fully entitled to all and even more of
an increase in the wholesale prices of pianos
than they are now demanding. The cost of the
raw material alone has not been the only factor
in making estimates, as selling expenses of all
kinds have increased in the same ratio. In pre-
senting the various estimated advances compari-
sons are drawn from the invoices of a large num-
ber of manufacturers, ranging from the present
day back to 5 to 10 years ago-a time when both
material and labor were at lowest point. On the
other hand, the wholesale prices of pianos are
practically the same and lower, if anything.
Keen competition and a desire for a big output
are mainly the cause for this condition.
-
SINGL
PIANOS ARE SELLING SOUTH.
Figures Showing the Increase in the
Wealth in the Southern States.
of a line from Keokuk, Iowa, to Chicago, 111., in-
eluding Cincinnati, Louisville, all points in Ken-
t u c k y o n t n e Chesapeake & Ohio Ry., Cairo, St.
Louis, Keokuk, Chicago, the southern peninsula
of Michigan and Canadian towns on the Michigan
n a Wabash R R Tickets with
p^ntml
<- €ntral K T? - K R
- a and
wai>asn K. K. ncKets witn
reduced rate return trip certificates, good only
for points in central passenger territory, will be
Februar
^
y 9 t o 13 ' inclusive; March 2 to 5,
inclusive. Return limit, 30 days from date of
ticket. Trunk line territory covers from Bur-
fa lo, Niagara Falls, Suspension Bridge, Dunkirk
(via Erie R. R.), and Salamanca, N. Y.; Erie
(via Pennsylvania R. R.), Pittsburg and Alle-
gneny,
Pa.,
aenaire, n u., • Wheeline
wneeung, Parkersbure
rarKerhuurg,
?h
P
a . -Rpiiairp
Huntington and Charleston, W. Va., and points
on and north of the Chesapeake & Ohio Ry., east
thereof to the New England Line (N.Y.&Har-
lem R R. not included). Tickets with reduced
rate return trip certificates, good only for points
. t trunK
^ i- line
Lenuuiy, will
win be
uc sold
&uiu February
r ™ u d i j 23
*o
p +prritorv
to 26 inclusive; March 16 to 19, inclusive. Re-
turn limit, 15 days from date of sale.
i n
PRICE & TEEPLE'S NEW ADDITION.
Tne Price &
Teeple Piano Co. are now occupy-
ing the new south addition to their factory. The
n e w w i n g w i l l b e used for back making, finishing
a n ( i storage, and will enable the company to in-
crease their output by four pianos daily, bring-
in
S t n e i r t o t a l Production to a large number of
pianos per year .
^ l ™ *** frequently commented on the
increasing trade possibilities for piano manufac-
WEGMAN CO.'S ANNUAL MEETING.
turers in the southern States, which heretofore
have not been developed like the west. The
The annual meeting of the Wegman Piano Co.,
People are steadily prospering and buying luxu- Au
bUrn N Y WaS held 1&St
ries
T h e y a r e l o v e r s of m u s i c a n d a r t a n d n0W
-
'
ficers
and directors were re-elected. A satisfac-
that more money is in circulation, this section
. g w o r t h l o o k i n g a f t e r m o r e c l o s e l v T h e t r u e
tO ry dividend was declared, and a splendid report
v a l u e o f property in the 14 southern States in of business advance recorded. The latest Weg-
1906 may be conservatively estimated at $19,377,- man styles are proying big sellers.,
' ' '
T ^ T " ^V'"
«
*
•
RENEW
THE
ffU SIC T^ADE
VOL.
XLIV. No. 4.
Published Every Saturday by Edward Lyman Bill at 1 MadisonAve-, New York, January 26,1907
THF
OF
PIANOS
304 710
'
market. The figures indicate, mark you, the in-
crease in the cost of the various parts over the
lowest point during the past decade:
°
.
2 25
• -
' *„ „_
« w
tv,
v,
i
^
T h e r e a r e S m e COmmercial
4.1. •
affects those who make their own cases, al-
though those who buy from the case makers pay
their share of the advance of this commodity in-
directly. Rents and taxes are also factors that
cannot be eliminated from this calculation both
adding indirectly to the general cost
'
Coming down to the matter of suppie?, a bet-
ter basis is obtained on which to form the de-
sired estimate. Two grades of pianos are taken
to show the increase, one a good grade of com-
mercial instrument and the other one of an ex-
ceptionally high grade, into which enter only the
best material obtainable in this or any
WHY
Some
ThG
of property
i n
__
R i v e r a n d e a s t of t h e Mississippi River, and south
*„,.
°
instruments that
may not show auite such an increase, while on
One of the largest factories in this city, in the other hand, few of even the high grade in-
computing the cost of selling pianos, finds an ad- struments will show as high an increase in cost,
bUt an aV6rage f f r m 8 t0 10 PGr Cent m Y
vance of 3 per cent, over ten years ago. This
° °
* ^
&CCePted &S &CCUrate T tMs mUSt be added thG
cost is divided as follows: Salaries, 3 per cent.;
-
°
increases mentioned previously, and the average
hotel bills, 2 per cent.; advertising and cata-
manufacturer finds it is costing from 10 to 15
Ogues 1 p,r cent. Transportation is not men-
^
^
^ ^
^ i n s t r u m e n t t h a n gay
tioned in this calculation, as the variation has
ten years ago. The makers of the cheaper class of
been too small to estimate. General factory ex-
pianos have reached their limit of reduction in
penses also show a marked advance, these includ-
cost unless they seriously impair the quality, and
ing fuel, repairs and wages. The percentage of
are compelled to ask for a greater advance rela-
hese items is hard to figure, particularly the
^
^ ^ ^ Qf g
hlgh . grade
latter, as much depends on the matter of the fac-
goods, as the margin of percentage has been
tory being under union control or an open shop. m o r e i n f a v o r o f t n e
latter. Terms of selling
The shortening of hours of labor as well as the
have grown longer in the same period, entailing
increase of wages per hour has to be taken into
added interest to the manufacturer on the in-
consideration in this estimate, and it is safe to
nested cost of each instrument, which must be
approximate the increased labor cost at from 15
figured in the sum total.
to 20 per cent. The fuel question only directly
a
value
AR ENTS
of the m u ^ a d e will be interested
to learn that the Merchants' Association of New
York have arranged for reduced fares over the
central
Passenger territory and the trunk line
territory-except from points less than 100 miles
from New York—at the following rate: To New
^
^ ^
^ ^
returning ^
Central passenger territory includes points
west of (but not including) Buffalo, Niagara Falls,
Suspension Bridge and Salamanca, N. Y.; Pitts-
burg and
Allegheny, Pa.; Bellaire, O.; Wheeling,
Parkersburg, Charleston and Huntington, W.
other bass
...
25
10Q
Actions
1 00
2 00
Hammers' and felts '.'.'.'.'.'.'.'.'.'.''.'.'.' .30 1.00
Varnishes show but little change.
urates or s Ks
d)
A
.
t h e t r u e
O
\N\\o Desire to Visit New York from Feb. 9
to M a r c n 1 9
Over the Central Passenger or
Trunk Line Territories.
Ivory keys and ebony sharps.... fl.00
$3.00
^hogany and walnut cases
2.00 6.00
a
cases
'
Hacks
.75 1.50
Plates'
100
Hardware"including'casters'' iun-
mg pms, hinges, screws, bolts
I n 1860
$ LO°PER\E
the whole country, including the South, was only
$16,160,000,000. The increase in real wealth in
the South during the year approximates $2,656,-
, . ,
.
, m i _
'
956,158, which means an increase at the rate of
about $7,280,000 a day, including Sundays and
holidays. Plenty of money here to buy pianos, is
there
not?
KEDUCbD
rAKtS rl)K DbALcKS
Careful Analysis Made by The Review of the Cost of Selling, Transportation, General Factory
Expenses, Labor, Fuel, Rents, Taxes and the Various Supplies Show an Increase of Cost
That Can No Longer be Overlooked by Manufacturers and Which Must Impress Dealers
With the Fact That More Money Must be Paid for Pianos to Manufacturers and That
They Must Get More from Their Customers Without Delay.
The increased cost of making pianos is one of
the great questions of the hour. In order to sup-
plement recent articles on this subject, which
have appeared in The Review, we have compiled
some interesting statistics, which prove conclu-
sively that the piano manufacturers of this coun-
try are fully entitled to all and even more of
an increase in the wholesale prices of pianos
than they are now demanding. The cost of the
raw material alone has not been the only factor
in making estimates, as selling expenses of all
kinds have increased in the same ratio. In pre-
senting the various estimated advances compari-
sons are drawn from the invoices of a large num-
ber of manufacturers, ranging from the present
day back to 5 to 10 years ago-a time when both
material and labor were at lowest point. On the
other hand, the wholesale prices of pianos are
practically the same and lower, if anything.
Keen competition and a desire for a big output
are mainly the cause for this condition.
-
SINGL
PIANOS ARE SELLING SOUTH.
Figures Showing the Increase in the
Wealth in the Southern States.
of a line from Keokuk, Iowa, to Chicago, 111., in-
eluding Cincinnati, Louisville, all points in Ken-
t u c k y o n t n e Chesapeake & Ohio Ry., Cairo, St.
Louis, Keokuk, Chicago, the southern peninsula
of Michigan and Canadian towns on the Michigan
n a Wabash R R Tickets with
p^ntml
<- €ntral K T? - K R
- a and
wai>asn K. K. ncKets witn
reduced rate return trip certificates, good only
for points in central passenger territory, will be
Februar
^
y 9 t o 13 ' inclusive; March 2 to 5,
inclusive. Return limit, 30 days from date of
ticket. Trunk line territory covers from Bur-
fa lo, Niagara Falls, Suspension Bridge, Dunkirk
(via Erie R. R.), and Salamanca, N. Y.; Erie
(via Pennsylvania R. R.), Pittsburg and Alle-
gneny,
Pa.,
aenaire, n u., • Wheeline
wneeung, Parkersbure
rarKerhuurg,
?h
P
a . -Rpiiairp
Huntington and Charleston, W. Va., and points
on and north of the Chesapeake & Ohio Ry., east
thereof to the New England Line (N.Y.&Har-
lem R R. not included). Tickets with reduced
rate return trip certificates, good only for points
. t trunK
^ i- line
Lenuuiy, will
win be
uc sold
&uiu February
r ™ u d i j 23
*o
p +prritorv
to 26 inclusive; March 16 to 19, inclusive. Re-
turn limit, 15 days from date of sale.
i n
PRICE & TEEPLE'S NEW ADDITION.
Tne Price &
Teeple Piano Co. are now occupy-
ing the new south addition to their factory. The
n e w w i n g w i l l b e used for back making, finishing
a n ( i storage, and will enable the company to in-
crease their output by four pianos daily, bring-
in
S t n e i r t o t a l Production to a large number of
pianos per year .
^ l ™ *** frequently commented on the
increasing trade possibilities for piano manufac-
WEGMAN CO.'S ANNUAL MEETING.
turers in the southern States, which heretofore
have not been developed like the west. The
The annual meeting of the Wegman Piano Co.,
People are steadily prospering and buying luxu- Au
bUrn N Y WaS held 1&St
ries
T h e y a r e l o v e r s of m u s i c a n d a r t a n d n0W
-
'
ficers
and directors were re-elected. A satisfac-
that more money is in circulation, this section
. g w o r t h l o o k i n g a f t e r m o r e c l o s e l v T h e t r u e
tO ry dividend was declared, and a splendid report
v a l u e o f property in the 14 southern States in of business advance recorded. The latest Weg-
1906 may be conservatively estimated at $19,377,- man styles are proying big sellers.,
' ' '
T ^ T " ^V'"
Future scanning projects are planned by the International Arcade Museum Library (IAML).