Marketplace

Issue: 1975 August 30

MARKETPLACE. VOL. XIV. NO. 352
EDITORIAL
Prices Going .U P Up

March 30, 1973
Reg. 38.9
Nov . 3, 1973
Reg . 43.9
Prem. 46.9
Up
Feb. 16, 1974
R og . 4 9
Prem. 53
PAGE 2, AUGUST 30, 1975
~
Week o f July 4
Reg. 57.8
P rem . 6 2.7
Prem. 42.9
...
The nev high price per gallon of gasoline vhich, sorry to report, is only the begin-
ning of the energy-price crush, is the first loud clanging of the warning bell to the
nation's operators. Gasoline is the lifeblood of this service industry.
Already the nevs has spread nationvide that the price of old gasoline will be decon-
trolled. Furthermore, that the OPEC countries plan to hike the price per barrel of oil
on or about October 1. r.;very such raise in price of mideast oil means more harsh price
hikes for gasoline to U.S. opera.tors.
ltegardless of the statements made by Washington's politicos and burocrats, the price
per gallon of gasoline is already on the way to 75¢ sometime this fall and, long before
'7 6 is well under way, vill be in the S1 . 00 per gallon range.
l~ven at the price per gallon of gas operators are paying right this very minute, over-
head expense has been hiked over 10%. If the opera.tor is still on the antique, outvorn
and rediculous 50/5 0 commission ha.sis, his locations a.re still getting 50% of the gross
alright, but he's actually getting only 40%. Because 10% of his gross is being ea.ten
up by the higher cost of gasoline.
As the varning bell clangs louder and louder it's telling opera.tors to quickly change
over to "1-Pla.y 2-Bits" for music and games plus the nev, better, more equitable Opera-
tor-Location-Partnership of " S hare-And-S hare-Alike-1 / 3-1 /3-1 / 3-Commission Basis".
That's 1 / 3 of the gross collection to the location - 1 /3 of the gross to the operator
and 1 / 3 of the gross for the overhead servicing cost of the equip't - to the operator.
That's the "Share-And-Share-Alike-Partnership-Oasis".
,
At long last, as partners, the location vill help pay for the cost and maintenance of
equip't on the new - 1/ 3-1 / 3-1 / 3 - commission basis. S ince both derive profit from the
equip't, even tho only the operator is obligated for its cost and maintenance, this bus-
iness partnership is the ansver to profitable operating as gasoline soars tovard S1.00
and more per gallon in the months yet to come.
SUBSCRIPTION RATES
ONE YEAR .• . . • . . • $25.
TWO YEARS •. . •.•• $45.
FIRST CLASS MAIL •.• $35.
(CANADA, MEXICO, U .S.A.)
CONFIDENTIAL NEWSLETTER OFTHE INDUSTRY
(AIRMAIL ON REQUEST)
185 N.Wabash Ave.,Chicago,111.GOGOl,U.S.A. -
ALL PHONES:
312/726-6799
MARKETPLACE
NEWSLETTER
PAGE 3, AUGUST 30, 1975
Memories of ha.ppy days. Pictures of coinmen and coingals taken just a few years ago.
Some at the Continental Plaza others at the Conrad Hilton in Chicago. The time is
fast approaching when all will be together again meeting and greeting each other as
if just a few months, not a full year, ha.ve flown by. The happy days, the busy whirl,
the time passing with such speed that it'll seem to be all over before you got around
to do the many things you had in mind to do when you came to the convention. That's
how it is and always will be at conventiontime. The one time all are happy to see fam-
iliar faces, hear familiar voices and revel in the many friendships created over the
years. On this and a following page are some happy day pictures you certainly will
want to remember all over again.

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