Heinl radio business letter (July-Dec 1946)

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He ini Radio News Service 7/17/46 RCA BEGINS QUANTITY PRODUCTION OF TELEVISION CAMERAS The first RCA post-war television cameras and other studio and field equipment which it is said will make possible an immedi¬ ate start on the long-heralded expansion of television broadcasting, are now in quantity production at Camden and some items have al¬ ready been delivered. “This new television eqaipment makes it possible for new stations to start now on the installation of facilities to provide television program service throughout the nation", W. W, Watts, Vice-President in charge of the RCA Engineering Products Department said. "The new RCA Image Orthlcon Camera is the first postwar television camera to become available. The achievement of quantity output on this equipment is a. milestone in television progress. "The first step in the RCA program was to develop and build those items which could be used for testing purposes by manu¬ facturers of television receivers. "Production emphasis was also placed by RCA on the new camera and associated monitoring and relay equipment to provide broadcasters with the essentials for starting now to train person¬ nel and acquire experience, so that program service may be launched as soon as new broadcast transmitters become available. The first of RCA* s postwar television transmitters, featuring important war¬ time developments in circuits and components, are scheduled to be ready for delivery in the Fall. " XXXXXXXXXX SYL VANIA ANNUAL SALES CLIMB TO $126,792,723 Sylvania Electric Products, Inc. , in its annual report reveals that total sales in 1945 reached a new record high of $126,792,723. This compared with $100,398,043 in 1944. The report points out that 1945 was the first year during which sales and net income for the entire twelve months were included for the wholly owned subsidiary, Colonial Radio. Consolidated net income for 1945, after provision for re¬ negotiation of 1945 war business, all charges for State and Federal taxes and after provision for postwar adjustments and other contin¬ gencies, totaled $2,136,279, equivalent to $2.05 per share on 1,005,000 shares of common stock outstanding, after preferred divi¬ dends. This compared with $2,053,235 or $2.04 a share in 1944 when there was no preferred stock outstanding. The 1944 figures include only the last seven months of operation of Colonial Radio in that year. XXXXXXXXXX — 6