Business & Finance: Pin Game

In the penny arcades of upper Broadway, in the gaudy Sixth Avenue Sportland of Schork & Schaffer, in all the dark and smoky dens where New Yorkers drop hundreds of millions of nickels into coin machines and peep shows, the name of William Rabkin is great indeed. A fast-talking Jew of 40 with a passion for invention, William Rabkin gave the world the coin-operated electric digger. This glass-encased device has nervous metal claws on the end of a shaft which is manipulated by a row of dials outside. The shaft hangs over a...