International projectionist (Jan 1943-Dec 1944)

New Carbon Technique Hailed by Scophony A new development in carbon technique by the National Carbon Company is announced by the Scophony Corporation of America as marking an "immense advance" toward making color television available on full-size screens in motion picture theatres installing the Scophony "Supersonic" television projectors, which, the announcement points out, are the only television projectors known to be able to use carbon arc lamps as a light source. Arthur Levey, president of Scophony, declares that "this new technological advance brings immeasurably nearer the day when movie audiences will be able to fully appreciate the realism, clarity and life of color television as an added attraction supplementing the usual film programs of motion picture theatres." Mr. Levey congratulated the National Carbon Company scientists on their achievement and commended the enterprise and persistence of E. A. Williford, vice-president of National, under whose direction engineers and chemists considered Scophony's problem of extending its "Supersonic" method to color and succeeded in increasing the carbon crater intensity of brilliance by seven times normal standards to meet the necessary requirements lor this method of color television. Scophony's alternative approach to solving the problem of projecting fullsize color television pictures by its Skiatron Electron Opacity System is based on the efficient subtractive three-color method which is utilized in all successful process of color cinematrography such as Technicolor and Kodachrome. "This new color television development," states Mr. Levey, "should help clear the way for the swiftest possible reconversion of the television industry to peace as engineers and materials become available, thus creating thousands of jobs for returning servicemen." HEAVY POST-WAR EQUIPMENT DEMANDS SEEN W. E. Green, president of National Theatre Supply Co., which has completed a nationwide survey of post-war theatre needs, said that "we found no theatres in which at least one equipment item was not urgently needed just as quickly as war-time restrictions are lifted and it becomes available." The company was amazed, according to Mr. Green, "in our talks with exhibitors, to find so many planning to break ground for new theatres. Sites have been selected and purchased, plans drawn, and showmen await only the green light to start building. This theatre planning includes not only the latest type of streamlined theatre structures, but also one or more outdoor drive-in theatres in many good sized cities and towns. "Now that exhibitors have told us what they will need in the post-war period, we are arranging our manufacturing and delivery schedules to enable us to provide all the equipment they want with the least possible delay when peace-time production is resumed." GENERAL PRECISION REPORTS NET GAIN OF $1,255,907 FOR 1943 General Precision Equipment Corp., in its annual report for 1943, shows consolidated net income amounting to $1,255,907.23 after the deduction of federal income taxes in the amount of $3,039,360. Such net income was equivalent to approximately $2.14 per share, as compared with $2.16 in 1942. Dividends of $1 per share were paid by the corporation during the year, amounting to $585,942, and the net addition to consolidated earned surplus was $699,965.23. The corporation, during the year, also acquired a minority stock interest in Panoramic Radio Corp.. which is engaged in the business of supplying certain equipment of advanced design to army services, and a comprehensive patent license from Panoramic Labs. National Theatre Supply Company and Bludworth, Inc., were merged during the year under the name of NationalSimplex-Bludworth, Inc., the financial statement further notes. 26 INTERNATIONAL PROJECTIONIST