Coin Machine Review (& Pacific ...)

NEW SENSATIONALLY
LOW PRICED SCOREBOARD
FOR ALL SHUFFLEBOARD MAKES AND MODELS
~Au(('e Queen
Operator's
Price
559
50
F.O.B.
San Francisco
LOOK AT THESE OUTST ANDING FEATURES
• Mechanically fool proof. • Heavy steel construction. 0 Beautifully finished cabinet. • Manually operated .
• Can be installed in 5 minutes. • Compact size: ll"xll"xIS". • Can be used with or without stand or attached
to wall. • Equipped w ith 2Sc coin chute-allows 2 or 4 players to play 21-point game. • 30 Day Guarantee
against defective workmanship or parts. • • Also, you'II have no worry with the Underwriter Laboratories, who
now demand U. L. approval on all Electrical Devices.
Dislribulors Now Being Jlppoinled! Wire-Phone- Wrile
GOLDEN GATE NOVELTY CO.
San Francisco, Calif.
701 Golden Gate Avenue
Phone MArket 1-3967
reported to be in favor of uch a plan.
The shorter weeks are reported to run about
24 to 32 hours; one big labor union re-
ported that one out of eight of its members
is now working only part-time.
FARMERS - Business leaders are care-
fully watching what happens to farm prices,
mo t leaders now agreeing that the big
break in farm prices early in 1948 finally
showed its effects on all business. New
breaks started early this year but adverse
weather has recently stalled some of the
down ward trends; thus, weather will be a
big factor throughout the year. Farmers as
a cia s have more cash than ever before but
have cut their spendin~ more than industrial
worker; they are holding on to their
money. Recent breaks in commodities put
prices that farmers get far below govern-
ment upport prices-and recent official re-
ports show most farmers prefer to sell at
lower prices rather than go through price
support red tape. But farmers are planning
on bigger crops than ever this year and
will put new strains on price supports.
Financial papers say farm price supports
have proved their worth in preventing a
crash.
FREIGHT - Important Con~ressional
hearings were held recently on the freight
question, but report on final decision was
not available for this review. Washington
observers say Congress may not act on the
basing point issue for two years-may just
halt FTC action against firms that use bas-
ing point freight pricing during that time.
taken place, and so operators are not likely
to see coins being put into their machines
more freely. Officially, clothing and house
furnishings are dropping in price more than
foods; rent is still a big item in living
costs. Crop reports later in the year will
tell th e story on food price trends.
GASOLINE - Stocks of ~asoline are
reported at an all-time hi gh, but actually
such stocks are not as high in proportion
to demand as in 1946. In mid-February
total gasoline stocks in the country would
supply the average daily demand for about
47 days.
INVENTORIES - Much is said in high
circles about inventories and what they
portray about conditions. In February, in-
ventories took a spurt at th e factory level;
inventories of finished goods are up.
Roughly, it all means that upply cbannels
have filled up, that there is more competi-
tion in sellin g. There is no talk of excessive
inventories that may be dan~erous. Pur-
chasing Ag;ents A sn. says that when a fac-
tory cuts its output by 15 per cent, it may
have to cut buying of materials and sup-
plies by 30 to 40 per cent to reduce inven-
tories to a lower turnover level. This or-
ganization says the recession has been
orderly and moderate thus far, and with no
panicky situations.
MONEY - Everything is relative; as
prices go down, the value of the dollar goes
up. Money in circulation has been declining
more than usual, and the income tax period
also helped to reduce money lIow. Much is
being said about the consumer's dollar;
consumers will have less to spend in 1949;
wages and personal incomes are expected to
tend downward; total net farm income has
shown the first drop in ten years; shorter
work week mean less spending money for
consumers; best hope is that lower prices
will make dollars go farther.
Government money is considered a busi-
ness prop that will stand up under all
strains; most l~avy industries will get
bigger government orders this year. Govern-
ment spending spreads over wider and wider
territory, to construction firms, aircraft in-
dustry, railroads, mineral and metal firms,
paper and printing, food, gasoline, and even
to retail stores. Outlook at this time, how-
ever, is that Congress will not boost federal
taxes and so new sources of government
money will be delayed.
PRODUCTION-The general picture on
factory output is that it was declining
through November to March; some leaders
reported an upward trend beginning to
show in March. Employment will be
watched as chief index to production. Ex-
perts say reason for decline in factory out-
put is that suppl y channels have finally
been filled. The effects of consumer resis·
tance to prices, of saving money through
fear of depression, and of less employment,
on total sales of manufactured goods can-
not be estimated. Whatever the cause, the
trend in total factory output is downward.
FOOD - Many operators have said they
felt people would put more money in coin
machines when food prices really dropped.
The very latest reports available say whole-
sale food prices have started to rise again,
but there had been official reports of de-
clines in many food prices. Housewives say
they can't tell that any real decline has
13
APRIL, 1949
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