NICHOLS EARLY ADVERTISEMENT
This is a very early ad from 1947 when Nichols Industries only had 2 Cap Guns, the Silver Pony and the Silver Mustang.

Both were big hits and a local newspaper in this year also published a nice article and talked about "Harris County's...home of an 'arsenal' that is turning out 1000 guns a day." (the Cap Guns!) "Two brothers, Talley and Lewis Nichols, own and operate the Nichols Industries. They manufacture two realistic toy pistols, the 'Silver Pony,' a single shot model, and the 'Silver Mustang,' a double-action repeater that holds a roll of caps. In the year that the plant has been in operation the guns have become popular throughout the country and facilities are being expanded."

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Thanks to Harold Utley for this photo! Harold has been the publisher of the Toy Gun Collectors of America newsletter since 1998.