MARKETPLACE
NEWSLETTER
PAGE 10, JUL y 30, 1974
&Jreco Brothers
Amusement <90., Inc.
DISTRIBUTORS OF PHONOGRAPHS -
JULES OLSHEIN, Mgr.
POOL TABLES -
VENDING AND AMUSEMENT GAMES
1160 BROADWAY -
ALBANY, NEW YORK 12204
Phone (5181 465 -0228
May 30, 1974
Bill Gersh
Marketplace
Chicago, Ill.
Dear Bill:
Looking at your "Pictorial History" pages makes me both sad and glad.
I'm glad because I'm still here and can remember most all of the games
pictured. Sad because the years have gone by so fast.
I've been connected with the coin machine business since I was a kid
of 17. Even before that, I was servicing the Yu-Chu ball gum machines
working with Henry Seiden who was my brother-in-law.
I also remember watching Henry's brother, Herman Seiden, build the first
automatic payout unit for a pingame. I believe it was installed in a pin
game called, "Airway". I remember that I crated the machine very, very,
very carefully, shipped it via Railway Express to Chicago and insured it
for $5,000.00. In those days this amount was like $20,000 and the freight
company handled it like it was pure gold. Henry went to Chicago to sell
the idea. Mills refused it. Bally bought it. What memories.
I was surprised to see my letter reprinted in a previous issue of "Mar-
ketplace". I hope that the operators will make a sincere attempt to con-
trol percentages to locations. It is easy to foresee that, in the not
too distant future, all games like pinball will exceed the $1 ,000 figure
costwise for, with practically eve-ry new release, there has been a price
increase. If this does happen the operator will be forced to make the
percentage change in commission in spite of himself.
Thank:'s for listenin'!
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