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ON THE BRITISH MERGER
The following appeared in the New York Times "Topics in Wall Street" on July 6th:
"Although opinions here vary regarding the results of the merger of British external communications into Cables and Wireless, Ltd, , the unsatisfactory showing of the merger company is said to be due to the particular conditions affecting the British company rather than to any inherent fallacy in the theory which brought about the combination. In the opinion of some American observers the wireless and cable units of the British combination have not fully appreciated their united character and are still behaving somewhat competitively. Naturally, each branch of the service will endeavor to make the best possible showing. Time and effort will be required to solve this and other problems, it is asserted in friendly American circles, where it is also urged that world business conditions may have much to do with the failure of Cables and Wireless to pay common dividends. "
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RCA TO RELEASE MORE RIGHTS
The Radio Corporation of America has announced through 0. S. Schairer, Vice-President in Charge of Patents, that it is about to issue supplementary licenses to all of its present receiver licensees covering the superheterodyne circuit, the patents of which it controls.
"This comes as a thunderbolt to the radio industry", said a representative of one of the licensees. "Most of the manufacturers have their production schedules completed for this season. They plan to have their new sets on the market about August 1st. The new license comes too late for this season. The move seems to indicate that the Radio Corporation is taking further steps to show that it is not a monopoly as far as patents are concerned. Heretofore, the RCA licensees have not had access to the popular superheterodyne circuit."
It has been learned that the RCA has perfected a super¬ heterodyne circuit employing screen-grid tubes. The sets will be built in the RCA-Victor plant at Camden, N. J. , where a larger manufacturing force is now being assembled. The sets will be dis¬ tributed by RCA. General Electric, Westinghouse, Graybar, Victor and General Motors. This will be the first factory-built screengrid superheterodyne receiver offered to the public. It is expected to sell at a price lower than superheterodynes of the past. The exact price, however, will not be announced until August 1st or later.
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