Weekly television digest (Jan-Dec 1963)

Record Details:

Title:
Weekly television digest
Date:
Jan-Dec 1963
Publisher:
Washington D.C. : Television Digest, Inc.
Volume:
Weekly television digest (Jan-Dec 1963)
Leaf #:
000404
Language:
English
Subjects:
Television -- Periodicals, Television broadcasting -- United States -- Periodicals.
Collection:
Broadcasting & Recorded Sound
Format:
Periodicals
Contributor:
University of Maryland, College Park
Sponsor:
LYRASIS Members and Sloan Foundation
Coordinator:
Media History Digital Library
Description:
A weekly digest of brief reports tracking recent developments in the U.S. television marketplace. Published out of Washington, D.C. with much more focus on the retail of TV sets than the other D.C.-based trade paper, BROADCASTING. -- Eric Hoyt, 2015
Date Added:
March 28, 2024
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12-TELEVISION DIGEST AUGUST 12, 1963 These are latest reports Financial Reports of TV-Electronics Companies as obtained during the last week. Dash indicates the information was not available at press time Parentheses denote loss. Company Period Sales Pre-Tax Earnings Net Earnings Per Common Share Common Shares Admiral 1963—6 mo. to June 30 $100,418,045 $3,006,922 $1,463, 295 $0.60 2,423,561 1962—6 mo. to June 30 94, 740, 193 2,590,784 858,058 .35 2,417,461 1963— qtr. to June 30 50,510,359 1,446, 109 678,750 .28 2,423,561 1962— qtr. to June 30 46,430,284 1,233,337 348, 101 . 14 2,417,461 Andrea Radio 1963—6 mo. to June 30 2, 156, 576 — (2, 904) — 254, 136 1962—6 mo. to June 30 2, 733,058 — 149,711 .59 254, 136 1963— qtr. to June 30 1, 212,082 — 3,304 .01 254, 136 1962— qtr. to June 30 1,277,746 — 62, 526 .25 254, 136 American 1963—6 mo. to June 30 5,741,713 — 189, 192^ . 16^ 1, 177,842 Electronics 1962—6 mo. to June 30 4,603,307 — (354,4511 1, 177,842 1963— qtr. to June 30 3,003, 253 — 64, 926^ .06^ 1, 177,842 1962— qtr. to June 30 1,950, 510 — 3,771 — 1,177,842 Audio Devices 1963—6 mo. to June 30 4,004,450^ 469, 605 242,605 .28 868, 371 1962—6 mo. to June 30 4,070, 103 446, 196 223, 196 .26 844, 526 Lear Slegler 1963— year to June 30 193,072,259 7,555,898 4,750, 574 1. 20^ 3,894, 293 1962— year to June 30 190,782,798 12,384,015 6, 005, 006 1.51^^ 3,918,023 Macfadden 1963—6 mo. to June 30 12,083,250 — 627,007 .39 Bartell 1962—6 mo. to June 30 11, 229,928 — (393,629) — — National Union 1963—6 mo. to June 30 18,560,975 1,095,411 526,411 .09 5,547,000 1962—6 mo. to June 30 18,478,849 1, 143,301 545,801 .09 5,747,479 Sonotone 1963—6 mo. to June 30 11,064,434 — 105,412 .08^ 1,224,491 1962—6 mo. to June 30 10, 527, 606 — 150, 895 .12^ 1, 220, 430 TelePrompTer 1963—6 mo. to June 30 2,715,040 69,224 69, 224^ .09 — 1962—6 mo. to June iO 2, 268, 540 — 6 — 1963— qtr. to June 30” 1,472,045 — 149,911 .20 — Tung-Sol 1963—26 wks. to June 29 28,921,715 285, 609 137, 609'^ .033 926,826 1962—26 wks. to Jime 30 35,567,514 1,534,635 713,635 .65^ 926, 826 1 2 Notes: After reserve $50, 000 (4^ a share^ against losses on an investment. Second quarter s^^es $2.1 million, 10% above last year. "^After pfd. dividend. ^Adjusted to reflect 3% stock dividend in fiscal '63. ^Includes special credit from sale of property. ”1962 results unavailable. ‘Before non-recurring costs of approximately $70, 000. Common Stock Dividends Corporation Period Amt. Payable Record I-T-E Circuit Lear Siegler. . . . • Q $0.10 Sept. 3 Aug. 16 Lear Siegler. . . . . — 3% Sept. 17 Aug. 16 Litton Industries . Ann. 2^% Nov. 1 Oct. 18 Storer Bcstg. . . • Q .45 Sept. 9 Aug. 23 Storer Bcstg. 'B' • Q .121 Sept. 9 Aug. 23 Thompson Ramo Wooldridge . . • Q .35 Sept. 15 Aug. 23 United Artists . . . Semi. 2^ Oct. 29 Sept. 13 Granco Products, operating under Chapter 11 bankruptcy petition (Vol. 3:18 p 12), has filed 10% plan under which unsecured creditors would receive lump payment of 10% of their claims one year from date of confirmation, Plan reportedly has approval of creditors' committee. Next hearing: Aug. 15at2p. m*. ' before Referee Sherman D. Warner in Jamaica, N. Y. Admiral sales for 2nd quarter were highest since 1953, and sales & earnings were above 1962 for both quarter and first half (see financial table). Pres. Vincent Barreca said civilian business registered 15% gain in quarter, while govt, sales decreased. He said distributor s^es of Admiral color TV in first half were more than double last year's figure, accompanied by gains in b&w. He added that optimism for 2nd half by distributors & dealers is far greater than at any time in recent years. Owens Illinois Glass Co. reported 4% sales gain and I. 5% decline in profits during first half, compared with last year. In commenting on company's operations, Chmn. J. P. Levis said: "TV bulb sales rose substantially as our new Kimcode system continued to increase in popularity with TV set makers." Trans-Lux Corp. reports net income of $343,092 (48(5 a share) for 6 months ended Jime 30, compared ^inth $358,795 (50(5) for same 1962 period.