Heinl radio business letter (July-Dec 1941)

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11/25/41 Fhilco Cor|3 last week reported consolidated earnings, exclusive of those of its Canadian subsidiary of $739,939 for the first nine months of 1941, equal to 534 cents per common share, com¬ pared with 53 cents a share in the like period of 1940 if the same number of shares had been outstandAng. The 1941 earnings viere after provision of $1,125,000 for Federal and State income taxes and excess profits taxes. Arthur Kurlan, producer of WOR’ s new Sunday niglit defense show, "Keep ’em Rolling" when asked for a general outline on his production plans, came back, according to R. W. Stewart in the New York Times, with a list of items he will not have, to vdt: 1. Raymond Massey in a scene from "Abe Lincoln in Illinois”. 2. Charles Laughton reading Lincoln ’ s "C-ettysburg Address". 3. Lucy Monroe singing "The Star-Spangled Banner". 4. Singers or actors, making speeches about national defense; or defense officials singing or acting. 5. Guests beginning their remarks with "in this time when clouds are gathering on the horizon". 6. An album of American music built around "'God Bless America” XXXXXXXXXXX EDUCATIONAL AND RELIGIOUS ?R0GFAt,'IS NOT MANDATORY A college president last week wrote to the Federal Communi¬ cations Commission asking "what per cent of time in each 24 hours or each week a local radio station is to ^ive the educational, cultural and religious orograms without charge?" The Commission replied: "The Communications Act of 1934 provides that the licensee of a radiobroadcast station is under a duty to serve public interest, convenience, or necessity, and in carrying out this obligation a station licensee is requir¬ ed to provide the listeners with well-rounded orograras. "However there is no provision in the Act or in any rule or regulation of the Commission which requires radio stations to allot free time to any educational, cultural or religious organization, or which requires ths.t they allot a certain percentage of broadcasting time to such programs. The determination as to whether such organiza¬ tions shall be i^ermitted to utilize the facilities of radio broadcast stations and, if so, how much time, is a matter which under the law is decided in the first in¬ stance by the particular licensee of the station. " X X X X X X X X 11