Coin Machine Review (& Pacific ...)

Issue: 1948 May

INGREDIENTS
(Continued front Page 50)
pected to become a new and powerful in-
fluence on prices of many commodi ties, and
the cocoa si tu ation may be showing new
developments by the time this issue reaches
our readers.
Crop reports will grow in importance in
the ingredients field by the week from
now until harvests are completed. Early
reports con tinue to be generally favorable,
but first reports on new crop outlook for
Spanish peanuts and spearmint had an un-
favorable turn.
A digest of current reports on ingredients
used in making merchandise follows:
Butter-Butter staged an early recovery
from the February declines and th e general
trend is expected to be upward, although
breaks in the market will occur at intervals.
At the present tim e, shortages are being
reported in some cities. Prices hold well
above the same period in 1947, said to be
due to heavy demand, smaller production
and smaller storage holdings.
Chocolate- Increased buying ' by manu-
facturing firms began in March but most
recent reports sugges t a slower demand.
As mentioned in the introduction, govern -
ment action in its European aid program
may start the downward trend in chocolate
and cocoa prices that has been rumored
for some months. Most recent price actions
in th e spot market have shown spotty fluc-
tuations but the trend in March was down-
ward. News reports have suggested that
unrest among the population in the Gold
Coast region may affect cocoa supplies, but
supply houses say 80 per cent of cocoa
purchased in Africa for the season ending
Sept. 30, had already arrived in the U. S.
or was en route by April 1. The candy
manufacturing trade reports little difficulty
in getting chocolate ; in fact, some recent
offers of coatin gs have gone unsold as
manufacturers wait for price reduction s.
Chocolate processors report that candy
manufacturers have used up all chocola te
bought at 1946 prices and are now using
more recent supplies bought at much hi gh er
. prices. The can dy trade is actively helpin g
to e nco urage wider production of cocoa
beans; the Brazilian crop may bring en-
co uragin g news soon. But .England is in-
creasing its use of cocoa butter, due to
shortages of vegetable oils.
Cocoanut-New candy bars th at contain
cocoanut may in crease interest in thi s in-
gredient. The year started off with larger
exports from th e Philippines th an had been
expected, and a copra boom is still under
way there. U. S. markets have recently re-
ported that dessicated cocoan ut suppli es
dropped in April and trend is expected to
last through May. Copra prices advan ced
over the last month.
Corn Products- Prices were generally
holding steady during the past month. De-
mand for corn syrup began to pick up,
probably due to more activity in ice cream
field. Demand for dextrose reportedly slow
and also for corn starches; lag in demand
probably suggests candy and ice cream
trades are waiting for lower prices. De-
mand for dextrine is reported to be stron g.
Edible Oils-Candy a nd ice cream trades
h ave in creased demand for cocoa nut oil;
sli ght price declines were reported during
th e last month ; general demand has been
slow for cocoanut oil. Most recent reports
suggest a demand greater than supply for '
some refined oils; prices have been in creas-
ing on soybean, co rn and peanut oil. Cur-
rent crop reports are favorable for future
supplies of oils, but price trends are re-
ported confused at the presen t time.
Eggs- Official reports predict less pro-
duction of eggs this year than in 1947;
that prices will tend to remain high; that
IT'S TAKINC
NORTHERN CALIFORNIA
BY STORM!!
CANDY BAR OPERATORS HAIL
SHIPMAN'S
SELECT -A-BAR
THE O UTSTANDING PRECISION·BUILT
VENDOR ON THE MARKET TODAY
BEAU'TIFULLY STREAMLINED TO ATTRACT
CUSTOMERS . .• PRICED FOR
. OPERATORS PROFIT
$59.50 F.O.B. FACTORY
(CONSOLE STANDS AVAILABLE AT MODERATE ADDITIONAL COST!
Dispenses p ractically All nationallv-known candy bars,
rega rd less 01 shape or size , . . Up to 100 bar ca-
pacity .. . Dro p shelves,
self-~pacing-drops
ba rs with
sli g htest pressure of lever . . . Front displa y shows
three varieties being vended . . . Anti-tip slug rejec-
tor .. • Gray hammertone baked enamel finish . . .
Size of machi ne : 8'; ' '' wide, 'I';''' deep, 25" high . . .
Size of console stand: base, 12 x II inches, 27" high .
STANDARD
SPECIALTY CO.
3021 38th Avenue
Oakland 2, Calif.
Phone ANdove r 1·9037
mo·re eggs will move into storage. ~rocery
trade reports predict decided decli nes in
egg prices within the year. Processed eggs,
liquid, frozen and dried, are at very low
levels thus far this year, compared with
previous years. Price trend on eggs during
th e last month has been downward .
Flavors- Flavoring manufacturers' asso-
cia tion, schedul ed to hold an nu al convention
in New York Ci ty, May 23 to 26, has urged
its members to cooperate with th e Census
Bureau in turning in da ta on the trade.
Represen tatives of soft drink, candy and
other trades will be speak ers on the pro-
gram. Demand for flavor oils has been slow
thus far during the year, with su pplies at
ample level ; prices have tended to be un-
certain, but remaining high, due to world
conditions. Exception to price trend h?s
been citrus oils and soft drink and candy
trades are reportedly now active in buying.
Honey- Market reports continue to re-
veal slow retail demand, with farmers com-
plaining about prices.
Milk-Consumer demand for all dairy
products continues heavy; retail prices have
declined less seasonally than in 1947; con-
sumption of fluid milk has been less than
during same period last year; seasonal price
trends are due for declin es but level ex-
pected to hold above last year. Prices con-
tinue higher for processed milk, including
evaporated, con densed and dry whol e milk ;
storage holdings are lower and demand is
strong. Government experiments on using
powdered buttermilk in making candy still
continue. P er capita production of milk
and dairy products is above the annual aver-
age level.
Mint Oils-One of the first unfavorable
crop reports related to spearmint; a plant
disease threatens new crop to some extent
in Indiana and Michigan. Reports on pep-
permint crop from State of Washington are
favorable; outlook is for record production.
Prices of oils on the market have tended
to hold steady in recent weeks.
Nuts-Brazil nuts may become scarce due
to disagreements of importers with growers
on price terms; government has offered to
support price of walnuts and filberts; pecan
price support has been withdrawn until the
new crop is ready; strong demand is ex-
pected for En glish walnuts. Spot markets
have been quiet for weeks and prices re-
main fairly steady. Peanut and almond
markets are reported in the column on Mer-
chandise.
Soybean s-Price trend on soybean prod-
ucts has been slightly upward. Outlook
for new crop shows prospect of an acreage
slightly below the record acreage planted .
last year; even with the record crop last
year, warehouse stocks have declined fast;
soybean oil is now a big item in export
trade. Prices of soybean, cocoanut and corn
oil tend to hold about th e same level per
pound.
Su gar - On e year ago, sugar was domi-
nant in the news of in gredients; now, mar-
ket reports tend to be routine, with prices
holding almost steady. Commercial users
did heavy buying toward the end of 1947,
so that buying in 1948 has been less. Offi-
cial reports on stocks held by commercial
manufacturers suggest smaller holdings than
in pre-war period.
Tobacco- Market news is now routine,
except that 1948 crop prospects will begin
to get attention. Acreage quotas are now
about 2 per cent less than 1947 quotas. A
new sc ien tific development may enable
growers to increase production per acre by
using copper sulphate as a fertilizer. Re-
cent reports suggest that high cost of to-
bacco may be used as a plea for in crease ..
in manufacturers' price on cigarettes, as re-
ported in the column on Merchandi se. Aver-
age price for burley crop last year set a
record.
COIN MA CHINE REVIEW
54
It
J
New Corporation
Buys DuGrenier. Inc.
Eleven Vendors At
NA TD Convention
HA VERRILL, MASS.-Miss Blanche E.
Bouchard and Francis C. DuGrenier have
organized a new corporation which has ac-
quired the physical manufacturing assets
of DuGrenier, Inc., the former subsidiary
of A. M. I., Inc., Chicago.
The original Arthur H_ DuGrenier, Inc.,
firm started business in 1928 and operated
successfully down through the years. In
October, 1945, Miss Bouchard and Du-
Grenier sold the company to A. M. I., Inc.,
and the new owners changed the name of
the firm to DuGrenier, Inc.
The A. M. I. subsidiary had difficulty in
getting started and in March, 1947, filed for
a petition in bankruptcy under Section 10
of the Bankruptcy Act. The firm finally
went into complete bankruptcy in January,
1948_ The new corporation has acquired
only the physical assets which were sold
under liquidation proceedings and at all
times, Miss Bouchard and DuGrenier re-
tained control over the patents u'hder whi ch
the DuG renier, Inc., equipment was being
manufactured.

The new corporate set up consist of
Francis E. (Frank) DuGrenier as president
and Miss Blanche .E. Bouchard as treasurer,
The offices and plant of the new Arthur
H. DuGrenier, Inc., remain at 15 Hale St_
AI Jolson's rad io croo ning of " If I On ly
Had a Match" resulted in this de luge of
matc hes from S_ M. Rosenbe rg, vice presi-
dent and director of sa les of, Un ive rsal
Match Corp., St_ Lou is. AI is shown re ceiv-
ing t he matches fro m movie starlet Ma ri-
etta Elliot.
Hill. Agency Quit Luckies
As Cig Sales Slump
e -Eight Building J 500
Vendors Per Month
NEW YORK-Major news developments
in the cigarette industry revolved around
the resignation (March 19) of George W.
Hill, Jr. as vice president in charge of
advertising, American Tobacco Co., maker
of Lucky Strikes. He stated that disagree-
ments on advertising policy led to his resig-
nation.
The advertising agency handling the
American Tobacco account, estimated at
10 to 12 million dollars annually, also re-
signed. Newspapers, trade papers and par-
ticularly publications in the advertising
field, published reviews of the history of
Luckies and also of the careers of the
Hills, including grandfather, father and
son.
A meeting of stockholders was held re-
.:ently and announcement to the press said
policies of the firm were upheld. Some
newspapers had prediCted a stormy session
but news report said the meeting was quiet.
Question of salaries paid to executives,
which has been discussed many times, was
passed on and motion for restrictions were
defeated.
Newspaper reports said Lucky Strike
s ales in the first qllarter of 1948 rose 8
per cent in dollar volume and 12 per cent
in unit volume, while total industry sales
had dropped 7 per cent during January
and February. One other report said Lucky
Strike volume was up 5 per cent for the
first quarter.
NEW YORK-C-Eight Laboratories has
completed its move from Newark, N_ J., to
New Bedford, Mass., and is readying an
upped production schedule for its electric
cigarette vendor. Firm occupies 125,000 sq_
ft. of space in a three-story plant known as
the City Mill property, and now employs
over 300 factory workers.
VENDING MACHINE
OPERATORS - -
Hold You r Prese nt Locati ons
and
Open Profitable New O nes
W ith Matchcorp
BUSINESS BU I LD ING
BOOI< MATCHES •••
YOUR CUSTOMERS' OWN

ADVERTISING BOOK MATCHES
You can suppl y users wi th a tt ra ctively de-
signed book ma tches w it h the ir o wn "ads"
printe d on them. Sing le or mu lti-colored
advertisi ng book match es made up to your
order in lots of one ca se or more. You
ca n buy as little as one ca se (2,500 books)
or a s ma ny as y ou ca n use.
Cost surpr isi ngl y lo w! l et us show you
ho w th e net co st to yo u ca n be even less
tha n you no w pay fo r resale book ma tc hes.
RESA LE BOOK MATCHES
We also o ffer resale book matches, in·
d ud ing II Than k You-Call Again l l desig ns,
wi th o pen s pace o n the f ront cover. Prompt
s hi pment.
Send for samples and prices TOD AY.
All of our book matches
are vend ing machine p acked.
MATCH CORPORATION OF AME RICA
Dept. WS2-3433-43 West 48th Place
Chicag o 32, Illino is
CHICAGO-The 1948 annual convention
and exhibit, under the auspices of th e
National Assn. of Tobacco Distributors,
had a total of 11 vending machine firm s
among the list of about 315 exhibiting firms.
The exhibit roster included several firms
and their subsidiaries -but a total of 315
names gives some idea of the size of the
convention.
The NATD, formed 16 years ago, includes
wholesalers of tobacco products in its
membership, a group in the distribution
chain of getting cigars and cigarettes to
the consumer. It is considered one of the
most progressive trad~ associations in the
country, much of the credit going to Joseph
Kolodny, managing director. Kolodny is
well-known in the cigarette vending field
and cigarette vendors have long had a place
on the annual programs.
In its long record of conventions, the
1948 session was hailed as a new reeord
of success. Registrations reached a high
total of over 8,000 and the exhibits were
also considered a record.
Tobacco wholesalers are in a transition
period, actually an expansion into selling
a variety of products, including tobacco
products, candy, chewing gum, soft drinks
and a wide assortment of sundries. They-
reach cigar and tobacco stores and the to-
bacco departments in thousands of other
stores, total retail tobacco outlets being
estimated at more than a million. Cigarette
vending machines are added to this, with
an estimated total of over 300,000 machines,
according to the 1948 Source Book 0/ the
Coin Machine Industry.
Exhibits of merchandise and equipment
at the ~ATD convention covered four floors
of the Palmer House, occupying over 300
booths and exhibit rooms in the hotel. The
convention proper was held April 12-15 and
was followed by a special sales manager's
seminar lasting two days.
Firms exhibiting vending machines are
already well known to the vending trade,
and included chiefly firms making cigar and
cigarette vendors. Manufacturers reported
that sales of vendors were not large but
that many important contacts were made.
Many operators of cigarette vendors are
members of NATD and some of them are
leaders in the organization.
Among exhibitors of cigar and cigarette
vendors were the following:
AMITY MANUFACTURING CORP.,
Perth Amboy, N. J., showing models of its
cigar vendors through Stange-Sharenow, dis-
tributors. Vendor is made to sell lO-cent
cigars of various brands.
CIGAROMAT CORP. OF AMERICA,
New York City. Firm displayed two color
models of its 3-column cigar vendor and a
model of vendor having six column s, vend-
ing cigars at any two price levels.
COAN MANUFACTURING CO., Madi-
MAY, 1948
55
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