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Heinl Radio News Service
5/29/46
Directors of Sylvania Electric Products, Inc., last week declared a dividend of 25 cents per share on the company* s common stock and the regular quarterly dividend of $1 per share on the $4 cumulative preferred stock, both payable July 1, 1946, to stock¬ holders of record June 20th.
H. C. Bonfig has been advanced to the position of Vice President and Director of Sales of the Zenith Radio Corporation,
Mr. Bonfig joined Zenith in March, 1942, as Vice-President in Charge of Household Radios. He has been identified with radio in all of its phases since 1921.
J. E. Anderson has been appointed as General Purchasing Agent. Mr. Anderson has held an executive position in the Purchas¬ ing Department since he entered the Company in October, 1942.
As a result of the Federal Communication Commission* s action in granting television licenses to nine more stations, an additional 5,046,974 persons living within radiating distances of the proposed new stations, will be receiving video service as soon as these new stations can be erected, according to a survey made by the Television Broadcasters' Association. This figure, added to the 23,332,277 persons living in areas where stations were currently operating, brings the potential television audience soon to be ser¬ viced to 28,379,251, according to TBA figures.
philco Corporation has dissolved two more of its wholly owned subsidiaries, Philco Products, Inc., which has handled the national distribution of Philco products, and Watsontown Cabinet Company, and the activities of these companies will hereafter be carried on directly by Philco as divisions of the Corporation.
The Toledo Blade Company of Toledo, Ohio, has filed an application with the Federal Communications Commission for a new commercial television station. The application asks assignment on Cnannel 13.
The radio industry's hiring rate in February and March, according to the Radio Manufacturers' Association, was substantially higher than that of manufacturers generally, while the rate of job separations was slightly above average, the Bureau of Labor Statis¬ tics, Department of Labor, announced last week. Labor turnover rates in manufacturing continued to approximate wartime levels more closely than those of prewar years, the Bureau of Labor Statistics reported. Quits, both among men and women, remained high 42 per 1,000 as compared with prewar levels under 10; but lay-offs are approximating their 1939 rates in both nondurable and durable goods groups.
By his apDOintment as principal engineer, Robert B. Al¬ bright now heads those laboratory ooe rations of the Bendix Radio Division of the Bendix Aviation Corporation, Baltimore, concentrat¬ ing on the electrical design of broadcast radio receivers. Follow¬ ing several years spent with RCA, Mr. Albright Joined the Philco Corporation in export set design. Later he became associated with domestic broadcast radio and radio-phonograph development.
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