Marketplace

Issue: 1974 January 15

~cago's
Harold Lipschultz telling about his very learned nephew who helot iinportan.2
position with pre5igious firm in Windy City and whom he introduced to coinbiz about a
year ago. "Know what", Harold told us, "he's got one location alone that brings him more
money than he was paid each week . " (Know a better reason why learned young U."li v1:irsi ty
graduates should enter coinbiz?) • • • We were wearing our "2000 Club" lapel ,:>in when we
stopped off at popular hotel spot to have a touch of the heather with a frieud. Wondered
why one gentleman was staring at us. He walked up, pointed at our "2000 Club' p.in and
said, "Hello, friend." Opened his jacket and showed us he was using his "200) Club" pin
as a tie tac. Turned out to be Nate Feldman of Chicago. (What a pleasant aft~rn1:>on.)
Larry Berke, Midway's busy salesmanager, has sheets and sheets of orders ln front of
him as long distance phone callers talk to him. In the midst of each convers~tion, and
these start as early as 8 A.M., Larry constantly juggling figures on these sneets in an
effort to please all callers. It wasn't yet 10 A.M. when Larry suddenly remarke1i, "Well,
that takes care of next week's production." (Does that give you some idea ho., M:idway' s
games are selling?) ••• Orchids to J. L. Ray of Crete, Nebr., who just arranged donation
of 11 phonos with records plus 14 pinballs to various outstanding organizati~ns in his
state that won big story for him (Page 6-C, 12/2/73) "Lincoln (Neb) Sunday J)urllal and
Star". Ray tells how he was "trapped into repairing a jukebox" for teenage b0yB at the
Beatrice State Home about 5 years ago and couldn't be happier with what resu .te made the presentation of the 25 machines during the Midwest Coin Show at Oma:1a' 13 Hilton
Hotel to the Beatrice State Home and 6 other state institutions.
Most marvelous letter from Fred Pollak, Wurlitzer's regional rep from Lakawo1:>d, N.J.,
telling how thrilled he is to be back in coinbiz.In part, Fred writes, "'l'his is becoming
a second generation business and it is gratifying to see so many sons now minding the
store. Our best years are still ahead of us. This business is the greatest • . \nd I am
happy to be back." ••• After 42 years M. (Mike) H. Rosenberg of Castroville Calif., tells
all. Back in '32 he was a Wurlitzer employee selling radios and refrigeratoru, "When Homer
Capehart came over the horizon with the Simplex changer and it was 'Roll Out Tho Barrel'
from then on." ••• Irving Holzman of Westbury,N.Y., advises, "My hopes for <;he future of
this industry are to be deluged with a supply of overqualified mechanics and leus demand-
ing locations."
Frank C. Crawford of Chattanooga,Tenn., tells us it was his gran'pa who s~arted the
bingo operation. But Frank, instead, enjoyed working with arcade equip't. "So", Frank
writes, "I started my own company." ••• From Melbourne, Australia, Keith Wi:.li~ writes
he got started in this industry after War II buying up some old prewar Bally games. This
gave him the incentive to obtain a license to import U.S. games. He became succetssful big
operator which led him into national distribution and today he is world agent for Kasco
machines. (From what we hear Keith's just really getting started. Yes, sir, Euccess builds
success.) ••. Absolutely the very cutest note from Ruth Egging of Egging Muaic, Milwaukee,
Wis. Ruth writes that back in 1948, "I began as a collector for Egging Music. One year
later I married the boss. I then became mechanic, bookeeper, programmer and Have been doing the hard work ever since and love it. Am now working for better public
relations and a 70/30 split." (Now that's the kind of charming gal all operators should
marry. Couldn't get a better partner.)
WORLD'S 3 GREATEST GAMES
1;:{ASTEROID
1;:{SPORTSNAll
1;:{WlllllER IY_
See them at your MIDWAY distributor
3
There is one most important job ahead for all operators. This has become most vital
due to energy rationing. As all realize present gasoline rationing is a farce. It will
become more severe with passing months. So far politicos are spoonfeeding the public.
~en real gasoline rationing comes into being it's going to hit hard. Servicing is go-
ing to become a real test. A matter of great ingenuity. Gas is going to be rough to get
and the cost will be away 'way up. The one big and important job ahead for operators is
to arrange for a "service charge". And do it NOW! The $10 "service charge" we opted for
these past years is now much, much too low. Today's "service charge", due to continued
galloping inflation, should be at least S20. But there must be a start. And just like
kids are given "starter" golf sets, bikes, baseball gloves, etc., the "starter service
charge" should be $10 off the top of each gross collection.
Of all the gorgeous Xmas cards we received an.1.,believe us, for which we're most sin-
cerely and humbly thankful to have so many remember us, one card recalled a host of
memories. The card was from Dorothy and Paul Laymon of Pacific Palisades,Calif. (Aside
to Jimmy Wilkins, how does Paul look and feel these days?) ••• Eastern Airlines' maga-
zine features ad from Fountain Industries, Albert Lea,Minn., offering coin and non-coin
operated multi-select hot beverage servers in 16 models, yet •••• The U.S.Treasury has
asked Congress for permission to mint pennies from aluminum. Mary Brooks, director, ad-
vises pennies can no longer be profitably minted because of copper's high price. Reports
Treasury will save $40 million a year minting aluminum pennies. She also believes impact
on 1¢ venders will be minimal because of lighter weight aluminum pennies. ( Wonder what
penny vender operators think?)
Traveling cut to minimum by mfrs and distribs. More reliance on long distance phones.
Plane schedules so disrupted even those who must fly, want to be assured a return flight
before leaving. What's worse, non-stop return flight suddenly cancelled and returnee is
transfered to flight that makes one, two and more stops, upsetting return time and forc-
ing cancellation of appointments. (It's gettin' mighty rough for travelin', fellers. )
With so many unemployed and more on the way, have been asked whether this would
bring batch of new blood into the industry. Don't think so. Prices of today's music,
games, venders, much too high for any really big influx of new blood. Same lice, high
pressuring the witless into entering this field with all sorts of phony equip't, will
always be around. But no big influx of new blood ~n ahead.
Another question: Will some cut back on pricing and commissions? Answer: They'll be
nuts if they do. Inflation now galloping at highest peak in history. Not only in U.S.
but worldwide. In fact, many economists believe '74 will be most horrible inflation
year. Operators will need more than "2-Bits Play". They'll need a "service charge" and
a more equitable commission basis to offset fantastic prices of equip't, cost of labor,
transport, parts and supplies, higher taxation and zooming overhead expenses. (This is
one year that's sure to separate the men from the boys.) .•. Was also asked: Do you
see many operators going out of business this year? Answer: No more than usual. What
can happen is that many small and/or inefficiently conducted routes will be sold to big
and more financially powerful operators. Much of this is going on right this minute.
(Yes, sir, a great many changes are ahead as energy condition worsens and financing
becomes tighter.)
4 ·PLAYER FLIPPER Convertible toADD·A·BALL
A Circus of Fun for Players! .
Big Box Off ice for Operators !

Download Page 2: PDF File | Image

Download Page 3 PDF File | Image

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

Pro Tip: You can flip pages on the issue easily by using the left and right arrow keys on your keyboard.