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BUSINESS LETTER BRIEFS
Broadcasting KFQW (KFQW, Inc. ) of Seattle, Wash. , has just gone bankrupt, and Judge H. M. Findley of the Superior Court of the State of Washington appointed A. J. Copeland (Seattle) Receiver this afternoon. Station said to have been mismanaged, and has a large number of creditors.
A lively time is looked forward to next Tuesday when Station WEVD charged with being off its frequency and not announc¬ ing its call letters regularly will appear before the Commission. The Commission yesterday denied the request of the station to cancel the hearing.
The station has been on the carpet several times before but each time put up a stiff fight and came out more or less victorious. It is probably the only broadcasting station in the world dedicated to an individual, it having been erected as a memorial to the late Eugene V. Debs, Socialist leader.
Commenting upon the New York Radio Show, a man in the industry who is usually well informed said:
"I predict that more than a couple of exhibitors made their last stand at this year’s radio show. Unless business in general perks up, 1930 will be a red ink year for radio and so will the first three-quarters of 1931. It looks to me now that heavy inventories will be on hand at the year-end and price cutting Dec. 1 or even earlier. For the past month dealers and jobbers have been stocking up but the public nave not been buying.
"Colder weather is a blessing and may help to begin to move sets, however, caution is the watchword. I may be overpessimistic, however, I have my sights trained on the Fall of 1931 for the upward turn in radio business. The Presidential campaign of 193S will help a lot. Television will be the next real tonic for the radio industry and that seems to be for 1933 or later.
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PATENT TRIAL OPENS
Trial of the action against the Dubilier Condenser Corporation, to determine the title to patents covering the opera¬ tion of radio broadcast receiving sets by the ordinary residential alternating current, was commenced in the Federal Court at Wilming¬ ton, Del. on October 7th, according to an announcement by the Department of Justice.
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