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Coin Machine Review (& Pacific ...)

Issue: 1947 October - Page 106

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capacity. Cocoa has risen more than 260
per cent in price since last fall.
OPERATORS
COCOANUT
A l',iillion Locations
Now Waiting for
p~
"STAR"
Sf!
CANDY
CANDY BAR VENDER
MADE ESPECIALLY TO SELL
"HERSHEY'S"
EDIBLE OILS
AND MANY OTHER
CETS THE
MONEY
FLAVORS
DAILY TURN·OVERS
BIG PROFITS
WRI'TE. WIRE. PHONE
AUT~.~~.PC,
EII~~,!~~.!~ES
,
6 "x4';' "x 18"
Capacity 40 Hers hey'.
635 S. Kenmore Ave., Los Angeles 5, Calif.
Phone EXposition 1515
Only 3 Moving Parts
1947
• •
Chocolate continues to make dominant
news among all the ingredients that go into
candy bars. Sugar supply may cease to be
news for the merchandise trades now, ex·
cept that prices are at a high level. The
dollar shortage in other parts of the world
is helping to pile up a big sugar surplus on
Uncle Sam's hands, plus another bumper
crop in Cuba.
To get prices on vending merchandise
down to more normal levels, sugar prices
need to come down and futures trading for
1948 delivery is showing a downward trend.
But sugar is likely to be a minor problem
for awhile in the manufacture of vending
merchandise.
No decisive trends in ingredient supplies
had shown up in the early fall. A digest of
reports on various items is as follows:
Most trade reports said a rising trend in
business began late in August and was ex-
pected to continue through October. Inven-
tories are said to be low, but supply firms
said the present increase in business may
not continue through the winter. Price trend
has been slowly downward for some weeks
but some leaders in the trade think they
may level off now. Prices now are about 20
per cent above pre·war levels.
HONEY
Shipping Weight, 5 Pounds
FOR
OCTOBER
INGREDIENTS
CORN PRODUCTS
The ups and downs of the corn crop out·
look made front page news during the late
summer. By mid-August at least two manu-
facturers of corn syrups and other products
used in candy and ice cream production had
announced price increases because of the
high price of corn. Prices on dextrose were
not advanced. Due to corn crop shortage,
the outlook is that corn syrup and other
products will remain at a high level until
the 1948 crop relieves the situation.
Official reports said peanut oil market
continued at a standstill and price declines
were also reported in early fal l. Cocoanut
oil prices began to advance with general
price increases on the P hil ippine product.
Spot markets started in September with
small increases on practically all fats and
oils.
POPULAR BRAND BARS
106
Late in the summer prices on Philippine
copra began to advance and this rise con·
tinued into September. Advances are not
considered important and are in part help·
ing to meet the high cost of living in the
P hilippines.
the end of August and no relief on costs is
in sight. The New York Cocoa Exchange
suggested that American firms cut down
buying by purchasing only a 60 days' supply
a t a time, instead of the usual five months'
supply. A new crop was harvested in Africa
in September and will begin to move on to
market through October to December. Some
American mills are reported as not busy
while firms like Hershey are working at
Reports up to July first had indicated a
drop in honey production this year; but
late summer reports showed improvement
and the entire country may produce a much
larger crop. Reports do not show increased
use of honey by candy bar makers .
PEANUTS
Fall market opened wi th prices at high
level and candy bar manufacturers, through
NCA, were still trying to get price adjust-
ments downward.
PECANS
T he official government report finally
BUITER
As mentioned in the September issue of
AUTOMATIC VENDING" the trend on butter
prices is decidedly upward. At this writing,
there is talk of butter retailing at one dollar
per pound as the price spiral continues up·
ward. Butter production showed seasonal
declines during the hot weeks of late sum-
mer, a fact which did not help the price sit·
uation. September started off with a new
high in futures trading on the Chicago but·
ter market; storage supplies are dwindling
in all four butter market centers. Official
view is that other dairy products may not be
as high during the fall as they were last
year. Production of dry milk products con·
tinues at high levels.
CHOCOLATE
Cocoa bean prices reached new highs by
Powerfully advertised every week O~
one of America's favorite programs
Pv!YS!~AY~~O~P !~~
OVER ENTIRE ABC NETWORK

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