Follow instructions here for hacking your Pelican VGA box to output 15khz for arcade monitors.
http://www.arcadecontrols.com/arcade_consoles.shtml#dc2arcadeSounds like this is the problem, and not the cable which then goes from the vga box to your monitor. You should use a mutlimeter (continuity test) and the gamesx diagram I have linked on that page to find which wire to cut inside the VGA box.
How most VGA boxes work, is they ground both wire 6 and 7 resulting in a 31khz signal. All you need to do is cut wire 6 inside the VGA box, and it will output 15khz rgbhv. Remember when looking at the picture on gamesx, the pins of your cable will be the reverse order....and you are cutting the wire inside the VGA box (at the point where the cable inserts into the VGA pcb).
When making your cut, try to leave enough wire on either side so you can twist them together again in case you cut the wrong one. Also its not good for your monitor to leave an imporperly synced signal on the monitor...if you don't see a picture after 5 seconds, turn off power on the dc or disconnect the cable. Oh, one last thing, some games don't support the vga box in 15khz mode, so for testing just turn on the DC without a CD in it (so it will display the time/date/play menu....that should display fine).