Coin Machine Review (& Pacific ...)

VENOAll
CANDY
MEIlCHAND'SE~S J
1 ,eJh \.IllHqy
ALWAYS SELL
Automatic Rotation of Merchandise
No Bar Shifting
31 SHELF CAPACITY COLUMNS
For Fastest Selling Candy
TWO MODELS
D·S Eight Columns
D·5 Five Column s
168 Shelf Capacity
Only 25" Wide
107 Shelf Capacity
Only 17" Wide
$155
$115
CAPAC ITY OF BOTH MODELS CAN BE
INCREASE D
At Small Extra Charge
A ll Prices F. O . B. Factor y. Bases Extra .
Proven Mechanical Performance
Model 0· 5
Base Extra
Write
$115
VENDALL COMPANY
2323 WOLFRAM STREET
CHICAGO 18. ILLINOIS
PH ONE: HUMBOLDT 6600
INGREDIENTS
( Continu e d front page 47)
perts in different fields, suggested that
prices are still going up.
This reviewer has repeatedly "stuck his
neck out" in pointing out that prices of
chocolate, sugar, etc., will advance, instead
of the much desired decline. That rising
trend is still taking place.
At the time of this review, the price
outlook sh ows a definite upward trend in
prices generally, a trend that is expected
to last the rest of the year.
Farm crops have almost regained the big
loss ' of last February but crop reports at
the moment suggest prices may turn down-
ward on many items late in the year; Con-
gress passed a parity price support bill
which will not permit a crash in farm
prices. Fruits will show more price declines
than anything else.
A review of reports on the various in-
gredients used in making merchandise is
as follows:
B utte r- On the day of this review, butter
was advancing in the big markets; prices
had increased slightly for a week, and the
general trend for the past month had been
gradually upward. General outlook is for
up~vard movement. Future butter trading
for November is near an all-time high in
price.
Ch ocola te - Candy manufactilrers, after
contending for many months_ for lower
prices on chocolate and cocoa beans, have
at last come to realize some aaverse facts.
This column has for more than a year
pointed out that, on the best information
available, there is not much hope for real
price declines on chocolate because the
cocoa bean supply has serious complica-
tions, much more than the British and
Brazilian monopoly.
50
Buying of chocolate coatings at the na-
tional convention of candy manufacturers
was heavy, when they realized the situation;
buying had been slow for many months.
On July 1 cocoa prices j um ped the limit
and the trend is still upward; trend for the
past mon th has been slightly upward. By
July 1 most of the African crop had been
marketed and hopes for extra supplies for
the U. S. were dashed. World supply is
about 20 per cent below prewar, warehouse
supplies are below last year and reports
say the market supply will be tight for
months to come. Wall Street Journal recent-
~y said, "Costly c.ocoa will make candy eat-
Ing more expensive later this year."
This publication has pointed out that
cocoa and sugar supply for tne U. S. is
dependent on a very explosive labor situa-
tion in the major producing countries. News
reports recently mentioned that riots had
occurred in the cocoa regions of West
Africa. The seriousness of the situa tion can-
not be given in detail here, but it must be
regarded as increasingly serious.
Cocoanut - Government report shows
that shipments from the Phi lippines for
the first five months of the year were off
30 per cen t. Shipments from the East Indies
are gaining slowly. General price trend has
been downward for the last month.
Coffee-Purchases of caffeine by soft
drink trade show seasonal trend. Ice cream
trade is using more coffee flavor and candv
trade is increasing its use of the flavor.
Coffee prices trend slightly downward.
Corn Produ c ts-Interest in reports on
the growin g crop overshadow the present
markets. Outlook is for a bump er crop
which should reduce prices on corn prod-
ucts used in candy, ice cream, etc. Sup-
pliers of dextrose have reported many candy
plants as closed for the summer, but de-
mand from canners and bankers has kept
a brisk trade in the item. Demand for corn
starch slowed up recently, while demand
for syrups has been active ; increase in cane
sugar price recen tly has helped demand
for corn products.
.
A trade report shows demand for corn
products from candy and chewing gum
makers was down about 17 per cent for
the first few mon ths of th e year; ice cream
trade use was off aboat 70 per cent. Many
firms were said to be waiti ng for a price
decline on corn products.
Edible Oils-Market trends on most oils
were sagging in June and early July did
not show any important change. Cocoanut
oil has been declinin g in price; output in
June was well above sales. Peanut oil de-
clined in price from May but is now hold-
ing level; production in June was well
above consumption. Corn oil prices are
declining. Soybean prices are steady and
supply normal ; output in June was much
below use for the month.
E ggs-Markets on most types of egg!>
were steady during June, except that dried
egg market was slow. Liquid egg produc-
tion is below last year. Eggs in storage are
well above last year for the first half of
the year. Price trend is easing.
Flavors - Price trends have turned
. steady, after showing decl ines for the first
half of th e vear. Manufacturers are said to
have high inventories of flavors, however,
so demand is light. Suppliers expect a
stronger demand by Sept. Report suggests
the flavor trade will cut production rather
than let prices fall more.
Flo ur - Production began to gain in
April but is still below last year; price is
near the low for the year, and new wheat
crop is enco uraging. Cookie manufacturers
say shortening is still important item in
costs.
•
Honey - Government report for June
FOR THE NEW
5 and 8 Column
VENDAll
CANDY
MACHINES
in
Southern California
and
The Hawaiian Islands
Contact
•
Weymouth Service Co.
4955 Santa Monica Blvd.
Hollywood 27. Calif.
Phone: OLympia 1951
COIN MACHINE REVIEW