.appeared. Following unfavorable co urt ac-
tion last year in the state on free pTays, a
bill to permit pin ball with free plays ap-
peared.
South Dakota-A veterans' bonus bill
called for revenue, so a 1 per cent gross
receip ts tax bill on pin ball, phonos, etc.,
.appeared and became Page 87 1949 South
Dakota Sessions Laws. A bill to excep t
benevolent corporations from the ban on
gam_ing devices was considered. A bill to
ban prophylactic vendors was enacted into
Jaw. In a state that has handicapped music
.at times, a bill appeared to permit musi c
in places sellin g liquor.
Texas- The state did not seem to get as
many coin machine bills as had usually ap-
peared in previous sessions. A bill "to char-
ter corporations to engage in coin-operated
machine business" became state law March
.3. Bills proposing excessive boosts in state
license fees on machines also appeared;
one of th ese singled o_u t music for a tax
increase. One bill proposed a tax decrease
-on milk and ice cream vendors.
Utah- A bill providing for sa le of con-
n.seated machin es was enacted into law.
A bill proposed to amend present law on
banned gaming devices by adding pin ball
to the list of devices considered unlawful
when played for "money or tokens." A bill
to empower ci ti es to assess taxes on any
business al so appeared.
Vern1ont- A state th at once licensed
amusement games and then repealed th e
1aw, had a bill to list coin machines that
could be considered exemp t from th e anti-
gambling code and also provided to tax
them; m·usi c and amusement games were
to be included.
•
Washington-In a state that has derived
much revenue fr om machines, there was
-considerable legislative activity, ranging
from proposals to ban am usement machines
to proposals to permit .only location owner-
.ship of gaming devices. A bill to increast>
the state levy on payouts from 20 to 25
per cen t became Chap ter 228 in the new
state laws. A bill to seal coin boxes of
gaming devi ces until opened by State Tax
Commission appeared. Higher fees and in-
creased regulation was th e trend in this
state.
West Virginia-Bills related chiefly to
regulating hours of phono play, also to
permit phonos and radio in liquor estab-
lishmen ts; bill regulating hours for music
beca me law. A bill to empower cities to
impose new taxes appeared. A bill requiring
all coin machines to be marked with own-
er's name and address was considered.
Wisconsin- A bill to amend present
statutes in defining vending machine op-
era tors seemed to be the only direct coin
machine bill.
Thus, operators can get a fairly complete
picture of the variety of legislation pro-
posed this year. The pattern in 1949 seemed
to follow the general trends in 1947, ex-
cept that there are more proposals to give
cities and co unties the power to tax busi-
nesses. Also th ere are more sales an d ciga-
rette taxes, and th e trend- to license gaming
devices in th e Rocky Mountain area thi s
year was much more pronounced.
Wyoming-Bills to legalize and tax gam-
ing devices, and also a bill to permit
gaming devices under local option , were
the chief proposals.
BUSINESS REVIEW
(Contin;,,ed from page 7)
4. Price declines thus far have been
orderly, are still under way, and had to
come. The real test is yet to come on the
unemployment produced by falling prices.
5. Experts had said April and May
would be "test months." Nothing serious
happened, so now the experts say the last
quarter of the year will be the test for
1949, whether a new upward swing will
start, or still more recession. Most business
leaders expect a normal fall pickup in
trade.
6. As in 1948, the year is proving
tougher for small firms than for larger
enterprises; rate of fa ilures among small
firms is increasing. Selling costs will climb
fast, to make conditions still tougher for
small firms. The fl areup in national morale
may come on the small business front.
7. There are still some mighty stron g
supp orts under the national business
picture, and the big government program of
public works can be thrown in to bolster
still more. Steel, automobiles and construc-
tion are said to be th e main industrial
sup ports now.
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More details will be found in the review
of various business reports which follow:
AUTOMOBILES-The strength of this
industry in supporting a high business
level is almost marvelous. New credit terms
will boost the sale of autos; the market is
now said to be almost back to normal; used
car sales did not show the usual sprin g
pickup.
Die makers, who know first what next
car models will be like, say few changes
will appear in next year's cars; the 1950
cars will be alm ost like 1948 and 1949
models, although there is a trend to auto-
matic transmissions; there is some mystery
a:t present about new body styles scheduled
to appear in mid-summer.
BANKS - Official word from American
Bankers Assn. is that "bankers are opti-
mistic about business for 1949, bankers want
end to cred it curbs, and bankers do not
foresee a depression in the offing." Bankers
say they are less worried about the deflation
than th ey were about inflation for the past
several years. Bankers see more strong
spots in business than . weak spots; they say
a rise in unemployment and rate of busi-
ness fa ilures could cause concern. Bankers
say the immense volume of savings will be
hel d tighter by the people as recession
con tinues. Business and consumer borrow-
ing continue to decline.
BUSINESS FIRMS-New business in-
corporations dropped to their lowest level
in February, since Sept. 1945; only seven
states had increases over January and only
six states had gains over Feb. 1948. Growth
of new firms since the end of the war has
been at the fastest rate in history, with
about 1,400,000 new firms since V-J Day,
but 1949 seems definitely to have brought
a· decline in the rate, the first real slowin g
since 1943.
Business failures are increasing fast , the
total in March being 78 per cent above
March 1948; five states in the Illinois area
reported the greatest increase in failures;
the eight states of the Mountain area
showed the smallest rate. In March, the
big increase in failures occurred among
trucking companies, wholesalers of food
and farm products, building materials
dealers and lumber products manufac-
turers. The trend shows wholesalers as
leading in failures, manufacturing and
mining failures next, then contractors, re-
tailers, and service firms in order. A Dun
& Bradstreet official says the importance
Mr. Employer:
Why do you not give your em-
ployees the consideration they de-
serve, since it costs you nothing?
The 1% State Unemployment deduction ·
that you take from their salaries and
send to the State does not buy • them
as much unemployment Disability Bene•
lit as you can obtain by purchasing a
regular insurance plan with a Private
Insurance Carrier.
This is not sales talk, but a fact-since
the law provides that no private insur-
ance company plan complies with the
law unless it gives bet111r {woteclion than
the state Ill the same cost.
The Association and Group Insurance
Bureau will gladly assist you to make
the chaage over without charge by tele-
"p honing them or dropping them a note
at
ZEIGLER INS. AGENCY, Inc.
❖
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1140-1150 North Kostner Avenue
Chicago 51, Illinois
541 South Spring Street
Los An9eles, Calif.
Mlc:h,gan 0961
ALL INSURANCE
a■d
BOND LINES
COIN MACHINE REVIEW
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