Broadcasting Telecasting (Jul-Sep 1959)

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timates, the balance of $4,274 will be turned over to the government treasury and the rest of the borrowings will be wiped out. Minus Signs • Two sources of revenue were lost to the CBC last November. These were broadcasting license fees paid by the independent stations and income from the 15% excise tax on radio and tv sets and parts. A new expenditure in the last fiscal year was $149,180 for the far northern radio service which now includes four Canadian Arctic and sub-Arctic stations and to which six more are to be added this year. Total expenditures in the last fiscal year were $11,788,000 more than in the 1957-58 fiscal year. Income from commercial programs was up 13% over the previous fiscal year and has been built up from $22 million in the past seven years. The CBC report referred to surveys showing that the average family or some members of it watch tv or listen to radio about six hours daily, 365 days a year. It estimates that this works out to less than four cents per day per family for both radio and tv, based on CBC's total expenditures for Canada's total population. In the present fiscal year CBC estimates call for a Parliamentary grant of $58,404,000 and $9,197,000 for capital requirements, for a total of $67,601,000, up from $60,140,000 in the 1958-59 fiscal year. The Argentine scene Argentina, with more than 400,000 tv sets but one only station, seems likely to become South America's largest tv market in two to three years. This prediction is from Adolpho Suarez, president, Sadie, S.A., licensed manufacturer of Admiral Corp., Chicago, radio-tv and stereophonic phonographs in Argentina. He says that although the tv station in Buenos Aires is government-owned, it is run commercially. This station will be turned over to private ownership when the first of three more stations authorized for the city commences operations, Mr. Suarez says. He adds that Brazil, with a total of seven tv stations, has estimated 850,000 sets in use. British tv rates up Television rate cards issued by three British program contractors show a considerable rate increase. Associated-Rediffusion announces a 20% hike on Class A time effective Dec. 28. Other rate increases: ABC up 10% effective Sept. 26, Scottish-Tv up about 10% Oct. 1 and Granada about 8% Sept. 28. TWW's rate card is expected to show a 10% increase. BBG ok's power boosts, new radio-tv stations A rash of power increases were approved at the fourth public hearing of the Board of Broadcast Governors at Ottawa, Ont., July 7-9, along with recommendations for new radio, television and satellite stations. The BBG deferred decision on establishment of the first fm network requested by the Canadian Broadcasting Corp. for CBM-FM Montreal, Que.; CBO-FM Ottawa, and CBL-FM Toronto. It granted CBC the right to program separately for the fm stations but stated that it wanted further time "to consider and develop its policy with respect to fm network broadcasting." New am stations were recommended by the BBG to the licensing authority, Dept. of Transport, Ottawa, for William M. Brennan for 1 kw day and 500 w night on 1420 kc at Peterborough, and for J. Irving Zucker for 5 kw day and 2.5 kw night on 1280 kc at Hamilton, both Ontario. Satellite am stations were recommended for CKCQ Quesnel, at Williams Lake, both British Columbia, with 250 watts on 1240 kc, and for CJFP Riviere-du-Loup, for 250 w on 1340 kc at Cabano, both Quebec. Low power 40 w repeater stations were recommend ed for the CBC at Digby, N.S.; Kedgwick, N.B., and Wedgeport, N.S., on 990 kc; Meteghan, N.S., on 1490 kc; St. Quentin, N.B., on 1230 kc; Weymouth, N.S., on 1550 kc, and at Yarmouth, N.S., on 1230 kc. A new fm station was recommended for W. E. Bellman at Vancouver, with 18.95 kw on 103.5 mc. CJBR-FM Rimouski, Que., was given a power boost from 570 w to 20 kw on 101.5 mc. A new television station was recommended at Lloydminster, Alia., to CKSA Television Ltd., with 14.63 kw video and 7.3 audio power on ch. 2 with antenna at 730 ft. above average terrain. Tv licenses were denied to two applicants for Prince George, B.C., and deferred for New Carlisle, Que. The BBG also deferred satellite tv stations requested by CKX-TV Brandon, Man., at four locations in the northern part of the province. A tv satellite was approved for CFCY-TV Charlottetown, P.E.I. , at New Glasgow, N.S., with 175 w video and 87.5 w audio on ch. 7 with antenna 424 ft. above average terrain. • Abroad in brief • CKMP Midland, Ont., is a new 250 w station on 1230 kc, operated by R. Bruce Armstrong. It began broadcasting July 1. This announcement is neither an offer to sell, nor a solicitation of an offer to buy, any of this Stock. The offering is made only by the Prospectus. Not a New Issue 483,322 Shares Taft Broadcasting Company Common Stock ($1 Par Value) Price $15 per Share Copies of the Prospectus are obtainable in any State from only such of the undersigned and such other dealers as may lawfully offer these securities in such State. Harriman Ripley & Co. Incorporated Blyth & Co., Inc. Eastman Dillon, Union Securities & Co. Glore, Forgan & Co. Goldman, Sachs & Co. W. E. Hutton & Co. Kidder, Peabody & Co. Lehman Brothers Carl M. Loeb, Rhoades & Co. Merrill Lynch, Pierce, Fenner & Smith Incorporated Stone & Webster Securities Corporation White, Weld & Co. Dean Witter & Co. Alex. Brown & Sons Clark, Dodge & Co. R. C. Crisler & Co. Dominick & Dominick Hayden, Stone & Co. Hemphill, Noyes & Co. Hornblower & Weeks Reynolds & Co., Inc. July 8, 1959. BROADCASTING, July 27, 1959 93