JUNE, 1949
OFFICE OF PUBLICATION: 1115 Vnice Blvd., Los Angeles 15, Calif. Paul W . Blackford, Editor a■tl
P■bllsher: Walter W. Hurd, Executive Editor: Louis Karnofsky, Advertising Manager. Fitzroy B269.
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for 2 years--mi■i111u111 term accepted: 50c per copy.
Local Taxing Powers Given Big Boost
BUSINESS REVIEW ... Legislation In 1949 Follows Usual
Pattern; Gain One Free-Play Law
Almost without exception these days,
operators connect their business with the
state of general conditions when asked how
thin gs are going. Operators to a man seem
to hold the view that general business has
slipped and hence the operating business
shares in this decline. A lot of heads of
business firms seem to feel the way opera-
tors do these days.
Reports and analyses of the first quarter
of the year have continued to pile up,
suggesting many views on what may be
expected during the year. Nearly half of
the year will be gone when this issue comes
from the press and it should be possible
now to get some good summaries on what
has happened this year- and what to
expect. But it is not easy at all to digest
and review all the differing reports. It may
help to jot down some general statements,
as follows:
1. General agreement exists in all sec-
tions of the country that general business
trends are definitely downward. Many say
the recession began last November; this
column has put the beginning with the
break in farm prices in Feb. 1948.
2. The recession thus far is mild, there
is no alarm, and everybody feels the adjust-
ment had to come. Business leaders do not
expect a depression. National income, busi-
ness volume, etc., are well above a year
ago. Many business leaders say industry in
general can drop 15 per cent from the peak
and still suffer no harm. Many firms are
adjusting to new conditions fairly easy.
3. The normal business cycle is said to
be working. The exception is that the
government will throw in heavy supports to
shorten the decline, start a new boom.
( See B USINESS REnEW, page 12)
Call
PR. 7351
For Coin-operated Equipment,
Parts and Supplies
by WALTER HURD
CHICAGO-At least 43 State Legislatures had some kind of bill relating
to coin-operated machines by May 1, after most of the state lawmaking bodies
had started on their sessions early in the year. Some of the legislative mills
really piied up with grist, while a few states like Rhode Island and Vermont
had only one such bill , according to available reports.
In previous issues this year, the legislative picture has usually been sum-
marized by saying that unfavorable laws were being proposed in good
number, and yet few of them seemed to be getting through into law. This
general statement has held true through four months of legislation.
At the same time, it appears that few laws of any kind relating to coin
machines have been passed. There were a number of favorable proposals
that have failed of passage also. There seemed to be a trend for licensing of
gaming devices in the Rocky Mountain area but most of the new license pro-
posals seemed to fai l.
The Review Calendar ...
June
June
June
June
June
June
June
IMPORTANT DATES
1-30 - Da iry Month .
12 - Children's Day.
12-18- National Flag Week .
13-20--Father and Son W ee k.
14 -Flag Day.
19 -Father's Day.
21 - First Day of Summer.
CONVENT/OHS
June 3-4 -NAMA, Re gions A and 3, annua l meet-
ing, Ritz-Carlton Hotel , Atlantic City.
N. J .
June 5-9 -National Confectione rs Assn ., 66th a n-
nual convention and 23rd exposition ,
Stevens Hotel , Chicago.
J un e 12-17-American Inventors Assn ., 1st Inte rna-
t iona l exposition, Grand Central Pa-
lace, New Yo rk.
June 22-25-National Assn . of Ta x Administrators,
17th annua l meeting, Lake Tahoe ,
Calif.
Jun e 26-29-Nationa l Candy Who lesa lers Assn .,
4th annual conv ention and all-confec-
Hotel ,
tionery
exposition,
Stevens
Chica go.
July 26-28-National Assn . of Music Merchants
(Retail), annual convention and ex-
hibit, Manhattan Center Exhibit Ha ll ,
New York.
Aug . 8-11 - International Apple Assn ., annual con-
venti on, Chicago .
Poul A. Laymon, Inc.
Oct. 24-26-National Assn . of Popcorn Ma nufa c-
1429-31 W. Pico
Los Angeles.
Nov. 27-30- National
Automatic
Merchandising
Assn., annual convention and exhibit
Atlantic City, N. J .
DISTRIBUTOR
turers ,
annual
convention ,
House, Chicago .
Oct. 24-29- lnt ernational Assn .
of
Ice
Pa lmer
Cream
Manufacturers, 45th annual convention 1
1
JUNE, 1949
Other favorable legislation that would
help vendors, such as unfair cigarette sales
acts, received a good i}earing in some states
and at least two states put such laws on
their books. The vending trade was wor-
ried about sales taxes and special pro-
posals to tax soft drinks, and there was one
proposal to make the sales tax include re-
ceipts from all coin machines.
Since practically all tax and regulation
proposals are considered unfavorable, the
list of legislation in this category is much
larger and much easier to define. I n some
cases, a bill ' migh t be . considered favorable
by one branch of the trade and unfavorable
by another grou p; a few such bills ap-
peared. Among the types of bills generally
considered unfavorable are the following:
1. Bills that put all types of coin-operated
REPAIRS and PARTS
Buy and Sell Slots
•
OYER 20 YEARS IN
SERVICING SLOTS
G. B. SAM
541 E. 32nd Street, Loi Aa . . les 11, Cal.
ADams 7681
7
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