Word: coine
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They take turns presiding over council, which ponders its business on the bench in front of D. L. Reid's general store. Knottier problems they solve by flipping a coin. Their work is strenuous, for "nearly 300 people live in or near Sandy Springs," says Moore. So neither has much time left for farming. They are not making much money out of their joint job. Said Co-Mayor Moore last week: "Our policeman collects the taxes. What is left after he is paid is divided equally betwixt Mr. Smith and me. But up to now we have...
...fact is that small change has not increased much. On Aug. 31 (latest breakdown), $174,000,000 in 1? and 5? pieces was at large in the U. S., only $18,000,000 over last year. Dimes, quarters and halves (''subsidiary silver coin") totaled $389,000,000, up only $24,000,000 from 1939. Over $800,000,000 of the "missing" money is in the form of bills-mostly silver certificates and Federal Reserve notes...
...bars, taverns, roadhouses are about 600,000 coin phonographs, or jukeboxes (a word which their manufacturers hate). According to an estimate by Variety, the jukes take in $150,000,000 a year in nickels. Costing an average of $300 apiece, the jukes become obsolete, or outmoded, at the rate of 150,000 a year. This week one of the biggest makers, Mills Novelty Co. of Chicago, was ready to unveil-in Hollywood-a new kind of box which it calls the Panoram Soundies...
Since, as one of Chicago's Mills brothers says, "the idea is older than God," the Mills-Roosevelt peep show is not basically patented, will have competition. Ten similar projects are under way, although the big coin-machine makers (Wurlitzer, Rock-Ola, Seeburg) have not declared their intentions...
...distributor of phonograph music is the humble jukebox, which absorbs some 44% of the output of U. S. popular records, plays them at a nickel a throw in bars, dance dives and lunch counters throughout the U. S. In its simple form, the juke-box is complete with coin slots, colored lights and automatic record-changing mechanism for a stack of twelve to 24 discs. But during the past year, in a few western and midwestern U. S. cities, the juke-box has been menaced by science's onward march. The menace: a chain system of jukeboxes, all wired...