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7/9/40
RADIO EXPORTS MAKE PARTIAL RECOVERY
United States’ exports of electrical equipment were valued at $12,089,165 in May of this year compared with the April trade of $11,811,777, an increase of 2.3 percent, according to the Electrical Division, Department of Commerce.
Shipments of radio receiving sets, which had decreased in April to the low level of $655,679, recovered in May to total $779,732. Loudspeakers improved from $22,988 to $29,861, while receiving set components showed little change at $447,573. All other radio classifications, however, registered decreases; transmitting sets, tubes and parts decreased from $363,488 to $308,775; other receiving set accessories from $60,180 to $48,958; and radio receiving tubes fell to the lowest level of the year when sales totaled only $170,080 in May as compared with $269,233 in April.
Foreign sales of electrical equipment in May exceeded the $8,973,606 trade of May, 1939, by $3,115,559, or 34.7 percent. The trade for the first 5 months of the current year aggregated $58,222,623 compared with the corresponding 1939 volume of $43,354,568, an increase of $14,868,055, or 34.3 percent.
No defined general trend was noticeable, trade fluctua¬ tions being numerous in both directions among the individual commodity categories. Outstanding among those which showed an upward tendency were refrigerators, radio receivers, rubbercovered wire, several generator classes, and others.
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DEMOCRATIC CONVENTION NOT TO BE TELEVISED
The Republicans will have had one thing that the Demo¬ crats won't when they meet in Chicago next week, i.e., television.
The National Broadcasting Company, which aroused con¬ siderable interest, especially among the women delegates, with its television pick-ups, has found that transmission problems would be too great to repeat the performance at Chicago.
The Democratic convention will be covered just as thoroughly by radio, however, as all the major networks are pre¬ paring to send their crack announcers and commentators to Chicago.
Preliminary and unofficial estimates of the cost of covering the G.O.P. convention to NBC, CBS, and Mutual were between $250,000 and $275,000, chiefly due to the replacement of valuable commercial periods. Variety estimated the television experiment at $15,000.
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