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He ini Radio News Service
6/12/46
:: TRADE NOTES
A phonographradio (Model EK-265), one of the first to come off the Farnsworth Television & Radio Corporation* s production lines, recently was presented to students of the elementary River¬ side School, Fort Wayne, Indiana, by the ParentTeacher Association of the school, which purchased the instrument. Purpose of the gift, the PTA stated, was to enable the young students to hear educational programs on the air as well as listen to various phonograph selec¬ tions with educational value.
The British Broadcasting Corporation has appointed MajorGeneral Edward Ian Jacob, C.B. , C. B. E. , to be Controller of the BBC*s European Services, Major-General Jacob, who is at present Military Assistant Secretary to the Cabinet, will Join the BBC and take up his new duties on July 1st.
A dividend of 8?-| cents per share has been declared on the outstanding Radio Corporation of America shares of $3.50 Cumulative First Preferred Stock, for the period from April 1, 1946 to June 30, 1946, The dividend is payable July 1, 1946, to holders of record at the close of business June 17, 1946.
It was reported from Eindhoven, Holland, that the Board of Directors of Philips Incandescent Lamp factories will propose a 6 percent dividend on connom and preferred stock for the fiscal years 1939-1940, 1940-1941 and 1941-1942 and a similar dividend on preferred stock only for the years 1942-1943, 1943-1944, and 19441945, it was disclosed. The proposal will be made to the annual general stockholders* meeting on June 21st.
Haraden Pratt, Vice President and Chief Engineer of the American Cable & Radio Corporation, and Chairman of the Radio Tech¬ nical Planning Board which serves United States government depart¬ ments and military services, has departed for Bikini Atoll in the Pacific as an official guest of the Army and the Navy and a civilian observer at the forthcoming atomic bomb tests.
The ceiling price on the little 1947 Crosley four passenger sedan has been set at $749.
A weatherproof and "foolproof " in-car speaker, terminal box, and speakerreceptacle unit for drive-in theatres, designed for permanent location on the parking ramps, is now in production and ready for distribution by the RCA Engineering Products Depart¬ ment.
Edwin Seaver in place of John Mason Brown who is ill, will review Frederic Wakeman*s "The Hucksters", a story of radio advertis¬ ing, on "Of Men and Books." Saturday, June 15 (WABC—CBS, 2: P.M.EDT)
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