Coin Machine Review (& Pacific ...)

an uneasy situation among manufacturers,
extending even to the candy manufacturing
industry. Rapid developments in the war
outlook make it difficult for manufacturers
to decide on future plans-whether to pre·
pare for converting to a war basis, or to
plan for an era of peace. Thus, manufac·
turing reports at the present time are in·
On the day this digest is being prepared,
the headlines say : "Senator Capehart
Warns U. S. Will Be On War Basis By
June 1."
It will probably be another month or
more before definite reports ' can be made
on trends in manufacturing industries.
MONEY-Circulation has tended to de-
dine when the seasonal trend calls for in-
creases. Per capita dollar in come for first
three months of 1948 was higher than last
year-but prices had advanced faster. The
experts have recently estimated that the
consumer's dollar is now worth about 60
cents; consumer purchasing power is the
lowest since 1942. Experts have also fig-
ured on the sales dollar. Of the sales dol-
lar, employes get 52 cents, compared with
54 cents in 1946 ; federal, state and local
taxes take 14 cents; proprietors got 10
cents of the sales dollar in 1947, compared
with nine cents in 1946. Consumer spend-
ing continues to rise.
Government money is assuming much
new importance and war plans call for
more and more spending this year and
next, and for years to come. Spending to
meet new plans now taking shape will
call for about $16,000,000,000, which
means a lot of money poured into cir-
culation. Total government outlay, as esti-
mated for next year, really gets into
big money-some estimates suggest $44,-
300,000,000.
MEATS-This food item is inserted here
temporarily because of the publici ty given
to meat during the recent strike in the
packing industry. The public had been
told for many months that a meat short-
age would show up by April or May and
that prices would get higher. But rumors
kept circulatin g in Chicago that storage
houses at the packing plants were bulg-
ing with meat. Significantly, the Wall
Street Journal said in a feature report
about mid-March: "Meat supplies in stor·
age are at record levels." In recent weeks
many ugly rumors have circulated among
consumers in Chicago, not complimentary
to the packing industry.
POWER- The coal strike reduced de-
mands for electric power in some areas.
New machinery being installed on a large
scale by the utilities is pow coming into
use and is providing more reserve power.
Recent water supply for hydro plants
has been plentiful in most sections of the
country.
PROFITS-As previously mentioned, a
recent public opinion survey made for the
oil industry, shows a majority of th e people
critical of the oil trade for its profits
made in 1947. Official reports for 1947
show that American business set a profit
record last year that is above all pre-
vious records, in peace or war. But in-
dustry costs keep rising. The outlook for
the year is that profits will increase, and
also costs. A few weeks ago the outlook
suggested that profit trends. th is year
would be downward.
PRICES-Since new inflationary trends
have developed, the general ~price trend
now is upward. Even farm '. prices that
dropped so fast in Feb. reversed th e
trend in March. The products on which
prices are now . falling grows fewer in
number by the week.
MAY, 1948
HERCULOCK*
the best
No. 4750Y Improved HERC
Pick-resisting design, with
tooth keyway. Double-si
ey
wrench-proof cylind
Ex-
heavy spur
.
screw and ke
ment. Tho
':d:?
ERCULOCKS on all your coin boxes and you'll
every nickel that goes in.
RCULOCK is the tight-fisted ILCO coin -machine lock
resists picking and shock. It's tough on sneak-thieves
because it opens instantly and easily only when the right man
uses the right key.
Plan now to , use HERCULOCKS for new machines or
change-overs. HERCULOCKS are the best collection insur.
ance you can have! Write for free, descripsive catalog.
Other reliable ILCO coin-machine locks
are available in a variety of shapes, styles
and cam sizes - keyed individually or
in groups. Catalog sent on request.
~ No. 4719 Cabinet
Coin Machine and
Lock
Disc tumbler, double-bitted.
Polished nickel finish, steel cam
and spur washer. Thousands of
key changes. 90 ° cam movement.
No. 4036LB Coin Machine and
Cabinet Lock
Die cast, disc tumbler cylin-
der. 90° cam m ovement.
Branchel. Serving You from Coalt to Coast
NEW YORK, 25 Warren 51.
CHICAGO, 555 W. Randolph St.
DETROIT, 2109 Cas. Ave.
PHILADELPHIA; 508 Commerce 51.
BALTIMORE,611 N. Eutaw St.
SAN FRANCISCO, 121 SecandSt.
LOS ANGELES, 406_Wall St.
SEATHE, 568 First Avenue, Soulh
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