Heinl radio business letter (July-Dec 1946)

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Hein 1 Radio News Servi c e 9/4/46 and R. A. Graver, Vice President, Radio Division, Admiral Corpora¬ tion, and H. A. Renholm, Regional Manager, RCA Victor Corporation, Vice-Chairmen. A television exposition in Chicago in 1947 was discussed. In a survey made by Television Magazine, NBC's television station WNBT was said to have drawn 90 per cent of the viewing audience on the night of Thursday, August 1, when all three New York stations were telecasting video programs. Results of the survey were based on 77 returns to 150 ques¬ tionnaires sent out to a representative sample of the New York view¬ ing audience. Of the 53 television set owners using their sets on the night of the survey, 48 were said to have been watching WNBT, 19 were watching the second station, and 14 the third. Twelve new models examplifying Bendix Radio achievements in tone, design, and performance will be featured by 3endix Aviation Corporation in a four color doublespread in the September 30 issue of Life magazine. The sets shown cover table and portable radios and table and console radio-phonograph combinations, including an FM table model and three combinations. Concurrent radio trade papers are carrying a Bendix Radio advertisement notable in that the tube complement is expressed in accord with the recent request of the RMA to its members to accede to Federal Trade Commission directives concerning description of recti¬ fiers. Thus the 1117-B console combination model is described as having "ten tubes and rectifier", previous Bendix Radio practice has been to state the complement of this set as "eleven tubes including rectifier". Tele-Tone Radio Corporation Four months to May 31: Net income $190,888, or 45 cents each on 425,000 shares on net sales of $1,381, 963. The Columbia Broadcasting System is giving a salary in¬ crease of at least ten percent to more than 900 of its employees in New York. "The salary increases are the result of a job classifica¬ tion survey which the company has been conducting for a number of months", Frank Stanton, CBS President, pointed out. "In cases where minimum rates under the new job classifications call for increases in excess of ten percent, the employees will receive the increased amount. We believe that these salary adjustments will correct such inequities as our survey has disclosed and will also offset to some extent the economic pinch which has become more acute in recent months The present adjustments will in no way preclude recognition of merit or promotions for employees in customary year-end salary review or at other times when warranted. " J. J. Broderick, who has been associated with the radio industry more than 16 years, has been appointed Assistant Manager of the Special Products Sales Division of the Farnsworth Television & Radio Corporation, Fort Wayne. Mr. Broderick was with the Radio Division of the General Electric Company 10 years before joining the Farnsworth organization. xxxxxxxxx 16