International Arcade Museum Library

***** DEVELOPMENT & TESTING SITE (development) *****

Music Trade Review

Issue: 1923 Vol. 76 N. 9 - Page 4

PDF File Only

Music Trade Review -- © mbsi.org, arcade-museum.com -- digitized with support from namm.org
THE MUSIC TRADE REVIEW
REVIEW
MARCH 3,
1923
the lower payroll simply the elimination of a certain amount of
overtime.
It has only been a few years ago when the trade showed such a
falling off in demand during the first months of the year that
there was found always an excuse to cut down the plant for a
week for inventory. Had that condition existed this year, the
payroll drop would have amounted to 35 per cent or more, instead
of less than. 10.
(ReRistered in the U. S. Patent Office)
PUBLISHED BY EDWARD LYMAN BILL, Inc.
President and Treasurer, C. L. Bill, 373 Fourth Ave., New York; Vice-President,
J. B. Spillane, 373 Fourth Ave., New York; Second Vice-President. Raymond Bill, 373
Fourth Ave., New York; Secretary, Edward Lyman Bill, 373 Fourth Ave., New York;
Assistant Treasurer, Wm. A. Low.
J. B. SPILLANE, Editor
KAY BILL, B. B. WILSON, BRAID WHITE, Associate Editors
WM. H. McCLEARY, Managing Editor
CARLETON CHACE, Business Manager
L. E. BOWERS, Circulation Manager
Executive and Reportorial Stall
£. B. MUNCH, ARTHUR NEALY, V. D. WALSH, EDWARU VAN HARLINGEN, LEE ROBINSON,
Jos. A. MULDOON, THOS. A. BRESNAHAN, E. J. NEALY, C. R. TIGHE, A. J. NICKLIN
WESTERN IMVI8ION:
BOSTON OFFICE:
Republic Bldg., 209 So. State St., Chicago
JOHN H. WILSON, 324 Washington St.
Telephone, Wabash 5242-5243.
Telephone, Main 69S0
LONDON, ENGLAND: 1 Gresham Buildings. Basinghall St., D. C.
NEWS SERVICE IS SUPPLIED WEEKLY BY OUR CORRESPONDENTS
LOCATED IN THE LEADING CITIES THROUGHOUT AMERICA
Published Every Saturday at 373 Fourth Avenue, New York
Entered as second-class matter September 10, 1892, at the post office at New York, N. Y.,
under the Act of March 3, 1879.
SUBSCRIPTION,United States and Mexico, $2.00 per year; Canada, $3.50; all other
countries, $5.00.
ADVERTISEMENTS, rates on request.
REMITTANCES, should be made payable to Edward Lyman Bill, Inc.
Exposition Honors Won by The Review
Grand Prix
Paris Exposition, 1900 Silver Medal...Charleston Exposition, 1902
Diploma.... Pan-American Exposition, 1901 Gold Medal
St. Louis Exposition, 1904
Gold Medal— Lewis-Clark Exposition, 1905
TELEPHONES—MADISON SQUARE 5983-5088-5984-9458-7898-0620
Cable Address: "Klbill, New York"
Vol. LXXVI
NEW YORK, MARCH 3, 1923
No. 9
FIRST TWO MONTHS OF 1923 SATISFACTORY
EPORTS from various sections of the country indicate that
R
predictions of a satisfactory business for music merchants
during 1923 have been realized during the first two months at
least, for despite short stocks and extreme Winter weather in
many localities the sales totals have practically without exception
shown increases over those for the same period in 1922.
It is to be considered, of course, that the country itself is in a
rather prosperous condition with the majority of the industries
working full time or nearly so, and unemployment cut down to
minimum. This means that there is money to be spent and it is
only reasonable that, by putting proper effort into their work,
music merchants should get a fair share of it.
Judging from the number of retailers who have been visiting
Jhe piano manufacturing centers during the past month or so in
an effort to increase the size of the shipments made to their ware-
rooms by manufacturers, there seems to be a full supply of optimism-
regarding the trade for the next few months at least. Certainly
there is no prospect of overproduction even with the coming of
Summer, and, although this may theoretically mean the loss of some
retail sales, it nevertheless works to the benefit of the trade as a
whole by keeping it in a healthy condition.
When the piano output is greatly in excess of public demand,
there develops a condition which tempts a surprising number of
piano merchants to get that panicky feeling, making price conces-
sions and unhealthy long-term offers in an effort to keep up sales
totals.
Confirmation of the report that retail business has kept up
well after the holidays is found in the figures regarding em-
ployment and wages in piano factories for January, issued by
the United States Bureau of Labor Statistics. These figures indi-
cate that among sixteen concerns there was a total of 5,569 em-
ployes in January, as compared with 5,606 in December, a decrease
of only seven-tenths of 1 per cent, while the weekly payroll was
reduced only 9.3 per cent, and the per capita earnings of the em-
ployes dropped off only 8.7 per cent.
These figures mean that the piano factories reported upon
were just as busy practically in January as they were in December,
for the drop in employes represents only a slight fluctuation and
RETAIL ADVERTISING CONTEST NEARING CLOSE
about three weeks the Retail Advertiser's contest, conducted
I of N by Commerce,
the Trade Service Bureau of the Music Industries Chamber
will be brought to a close and the committee, of
which Thomas H. Fletcher, of the Aeolian Co., is chairman, will
begin its work of deciding who in the two classes of advertisers
are to be considered worthy of the various awards that are offered,
including two prize cups.
The idea back of the contest was that it would serve to arouse
the interest of music merchants in advertising and to produce better
copy as a result of the increased interest. It is sincerely to be
hoped that this result will be realized, for although recent surveys
indicate substantial increases in the retail advertising of musical
instruments in various sections of the country, there is still ap-
parent in certain localities a small amount of copy that is ques-
tionable. This does not necessarily mean that the copy is illegal,
but it is of the sort frowned upon by those who hope to put the
trade in the right light before the public.
Perhaps the prize-winning copy which will be presented to
the trade at the Chicago conventions in June may be used to ad-
vantage by the Better Business Bureau of the Chamber to impress
by example these questionable advertisers, showing them the sort
of copy that is right in addition to presenting criticisms of their
own advertising ideas.
THE TRADE-IN IN THE AUTO FIELD
HE automobile dealers are beginning to feel the problem of
handling used cars profitably to the extent of making some
possible solution of that problem a matter for the consideration
of the Automobile Merchants' Association. In their consideration
of the question, the automobile men have made some interesting
suggestions, found elsewhere in The Review this week. The most
interesting is that providing for reports each six months of the
prices realized upon various makes and types, of cars sold during
the preceding half-year. The main problem, of course, is to make
the used car department break even, even though it may not show
a profit, and as piano merchants and automobile dealers are work-
ing on the same problem, perhaps an interchange of ideas might
prove interesting and profitable.
MOVES TO REDUCE TRANSPORTATION COSTS
the recent ruling of the Interstate Commerce
F issue OLLOWING
Commission to the effect that the railroads of the country should
mileage books, or strips, for the use of legitimate com-
mercial travelers, at a discount of approximately 20 per cent under
regular passenger tariffs, there comes the news that important
downward revisions of freight rates between Chicago and the
Pacific Coast, and of efforts being made to bring about a general
reduction in express charges, although that move is being strongly
combated by the express companies, who have countered with a
demand for greater revenue. All these movements are of direct
interest to the business world and are deserving of the support
of the Music Industries Chamber of Commerce and of the vari-
ous associations affiliated with that body.
PERMANENT ORGANIZATIONS FOR MUSIC WEEKS
HE organization in New York City recently of the New York
T
Music Week Association, Inc., as a permanent body to take
charge of and conduct the annual music week celebrations in the
metropolis, marks the latest step in the development of the music
week idea which, although comparatively new, has made impres-
sive progress. The new body will serve to relieve the National
Bureau for the Advancement of Music, originator of the music
week idea, of much of the detail in connection with the local cele-
bration, although the Bureau will still continue to operate actively
in the work.
~

Future scanning projects are planned by the International Arcade Museum Library (IAML).