Radio Broadcast (May 1929-Apr 1930)

(Continued from page 237) These tubes, built to satisfy professional radio engineers and custom set-builders, will surely satisfy your customers. "Good Sets Deserve Pilotrons, Others Need Them"! Pilot Radio and Tube Corporation, 323 Berry Street, Brooklyn, N. Y. By the author of "Principles of Radio Communication1 ' An independently written introduction to the subject of Radio John H. Morecroft Elements of Radio Communication BY JOHN H. MORECROFT "We can highly recommend 'Elements of Radio Communication' to those of our readers who want a book that will give them a strong, elementary grounding in radio and leave them with few questions to ask save those which may be born of a desire for more knowledge." Boston Post Radio Section $3.00 JOHN WILEY & SONS, Inc. 440 Fourth Ave., New York Please send me Morecroft's "Elements" for free examination. Within ten days after its receipt I will either return the book or send you $3.00. Name Address Firm RB 2-30 238 • Favorable Business Indications The radio dealers' survey conducted by the Department of Commerce and the NEMA indicates that average sales of radio equipment for the third quarter of 1929, as reported by 6237 dealers out of a total of 38,000, showed an increase of 14 per cent, over the same period in 1928. The average value of the sets sold showed a decline of from $167 to $155 as compared with the same period in 1928. Average sales per dealer compared as follows: 1928, $3030; 1929, $3450. An increase in fall stocks is shown by the rise in average inventory for dealers from 9 a.c. sets on July 1, 1929, to 14 on October 1 of the same year. Triad : Increased business and enlarged volume of orders now on hand is the report of H. H. Steinle, sales manager of Triad, in December. More than two hundred jobbers and factory distributors are now on the company's books. R. M. A.: "While 1930 may not exceed the record-breaking sales volume of 1929," says Herbert H. Frost, chairman RMA Merchandising Committee, "there is every reason to believe that there will be fewer manufacturers and fewer dealers, which is a guarantee that those who remain and do a sound and sane merchandising job will profit to a greater extent than has been possible in the past. No matter what may evolve from the present manufacturing situation, the public will continue to buy radio receiving sets and the retail trade to sell them." Atwater Kent: In the early part of December, Mr. Kent wired his distributors : "We will continue to manufacture and sell the present Atwater Kent line throughout the spring season." Financial Notes Grigsby-Grunow: Earnings for the six months ending November 30, 1929, were above dividend requirements at the rate of $2.00 a share for the full year. The Regular quarterly dividend of 50 cents a share on the common stock was declared. The company has acquired the plants of the General Motors Corporation, which it formerly occupied under lease. On December 6 president Grigsby said, "Sales to consumers are running double the present rate of production, which will permit distributors and dealers to clear their inventories of merchandise by the first of the year." Westinghouse : On December 11th this company raised its dividend rate on common and preferred stock to the rate of 10 per cent, per annum, declaring a quarterly dividend of $1.25. Temple: Payment of the regular quarterly dividend (45 cents) on convertible preferred stock was passed December, 1929. Radio Products Corporation: Ten months ending October 31, 1929, net earnings $540,370. This is equivalent to $5.40 a share on 100,000 outstanding snares. Net earnings for this period, $195,472. Polymet: January 2d this company declared its regular quarterly dividend in cash and stock at the rate of $1 and 4 per cent, in stock. Total net sales August 1 to November 30, 1929, $2,002,359. Total fiscal year net sales estimated at $4,000,000. Postal Telegraph: Postal Telegraph Cable apd Radio operating revenues nine months ending September 30, 1929, I $29,558,577.10. • FEBRUARY 19 30 • News of the N. F. R. A. The Cleveland Convention of the N.F.R.A. is occupying the center of the stage and at the February meeting reports of committees on accessories, better selling, market study, and trade relations, will be made. Reports will also be given by the Tube Committee, headed by J. M. Blackman of New York, the Set Committee, headed by Harry Alter of Chicago, and the Traffic Committee headed by Francis E. Stern, Hartford. The Stanton Motor Company, of Columbus, Ohio, and the MacGregor Radio Corporation, New Haven, Conn., are new members of the Radio Wholesalers Association. The Radio Guild of Cincinnati has recently joined the N.F.R.A. Within the last nine months, nearly forty new local associations have been established in various points throughout the country. The N.F.R.A. has reprinted its booklet, How to Organize a Local Radio Trade Association. Copies can be secured from H. G. Erstron, National Federation of Radio Associations, 32 West Randolph Street, Chicago, 111. Television Schedule Two stations of the Jenkins Television Corporation are now in operation. They are w2xcd, Passaic, N. J., 500 watts, 1604 kc. (187 meters), and w2xcr, Jersey City, N. J., 1000 watts, 2150 kc. (140 meters). The hours of operation are: w2xcd 8 to 10 p. m. daily except Sunday (E. S. T.) w2xcr 8 to 10 p. m. daily except Sunday. (E. S. T.) At present the Passaic station is sending out the sound accompaniment for the shadowgraphs transmitted on the 140meter wavelength by the Jersey City Station. RCA Tube Licensees At the close of the year eleven independent tube manufacturers had been licensed by the Radio Corporation of America for the manufacture of vacuum tubes for radio receiving sets. The first company to accept a license was the Raytheon Manufacturing Company in March, 1929. The complete list of companies and their presidents follows: Allan Mfg. and Electrical Corp., Clark Bldg., Central Ave., Harrison, N. J. Henri Sadacca, president Ceco Manufacturing Company, Inc., Providence, R. I. Ernest Kauer, president Champion Radio Works, Inc., Danvers, Mass. F. W. Marsh, president Hygrade Lamp Company, Salem, Mass. E. J. Poor, president The Ken-Rad Corporation, Owensboro, Ky. Roy Burlew, vice president Matchless Electric Company, 1500 N. Ogden Ave., Chicago, 111. Paul C. Dittman. president National Union Radio Corporation, 400 Madison Ave., New York, N. Y. Nathan Chirelstein, president Nuco Lamp Works, Inc., Emporium, Penn. Ben Erskine, president Raytheon Manufacturing Company, Kendall Square Bldg., Cambridge, Mass. L. K. Marshall, president Tung-Sol Radio Tubes, Inc., 95 Eighth Avenue, Newark, N. J. H. W. Harper, president United Radio & Electric Corporation, Irvington, N. J. J. G. Weiss, president American Bosch in Italy: Fabrica Italiana Magneti Marelli, Milan, Italy, has contracted with American Bosch for manufacture and sale of radio sets and radio products in Italy and other European countries for a period of five years. The agreement provides also for interchange of designs, inventions, manufacturing processes, and advertising, selling and servic Or ?