Radio broadcast .. (1922-30)

Premier COMPLETE »FACTORY WIRED AND TESTED UNITS Band-Filter Tuning^ Screen-Grid Amplifier Six Tuned Circuits World-Wide Range 1VO radio produced in mass can even approximate the skilled perfection of the new Custom-Built "HiQ-30." Here is the newest, most efficient model by Hammar- lund—the climax of five years of un- equaled custom designing and famed throughout the world, for power, selectivity and tone. A great opportunity for custom-set builders. Choice of magnificent cabinets and speakers. List, $139.50 to $1,175 com- plete, less tubes. Mail Coupon for 48-page "HiQ- 30" Manual 296 • R.C.A.-Victor Distribution Those particularly interested in current activities in the field of distribution found something to think about in the announce- ment made by E. E. Shumaker, president RCA-Victor Company, late in January. President Shumaker said, "The RCA- Victor Company . . . will distribute its products not only through the distribut- ing channels of the Radio Corporation and the Victor Talking Machine Company, but also through the distributing channels of the General Elec- tric and Westinghouse Companies." Since for the last two years Gray- bar Electric has been T. W.french, distributing under their R C A - Radio- trade mark the same iron chassis as found in the entire Radiola line, this in effect prom- ises that every chassis in the Radiola line this year will be available under Westinghouse, General Electric, Gray- bar, and Radiola labels. It is understood that the Victor receiver, although made in the Camden plant, will retain its in- dividuality in the same degree as during the selling season just past. Supreme Service Stations B. F. Dulweber, president, Supreme Instruments Corporation, announces that the following organizations have been appointed authorized service stations equipped with parts and laboratory facil- ities for servicing Supreme Radio Diagno- meters and that they have been appointed authorized service stations. Harrison Sales Company, 314 Ninth Ave., North Seattle, Washington. Arthur Honeychurch, 682 Mission St., San Francisco, Calif. Illinois Testing Laboratories, Inc., 141 \\csi Austin Ave., Chicago, 111. Instrument Service Laboratories, 3645 McRee St., St. Louis, Missouri. Professional Radio Service, 429 Penn Avenue, Pittsburgh, Pa. QRV Radio Service, 1400 Hroadway, New York, Rubicon Company, 29 N. Sixth St., Philadel- phia, Pa. Standard Laboratories, 1334 Oak St., Kansas City, Missouri. Stromberg Buys Patent Stromberg-Carlson has arranged a work- ing agreement with Bludworth, Inc., of New York, designers and builders of special amplifying and remote-control systems. Stromberg-Carlson, it is under- stood, secures the rights to all inventions and laboratory work of Bludworth, Inc., prominent among which is the radio re- mote-control system, developed by T. F. Bludworth and Arthur P. Davis, which is fully perfected and has been in service in the field for several years. Under this agreement Bludworth, Inc., also receives the rights to use certain patents held by the Stromberg-Carlson Company. Bludworth, Inc., will have the advan- tage of additional working capital, to meet the demands of a rapidly expanding business. It will also receive the benefit of the Stromberg-Carlson's sales and serv- ices organization. A-C Dayton in Receivership B. A. Ducasse was appointed equity re- ceiver for the A-C Dayton Company on December 20. The action was requested by practically all of the creditors and ap- proximately 90 per cent, of the stock- holders. The receiver will undertake to unloose certain frozen assets and will plan for the continuance and further expansion of the business. Financial Notes RADIO CORPORATION: The following dividends were declared for the first quar- ter of the year 1930: On the "A" Preferred stock—1|% (87j<<. per share) On the "B" Preferred stock—$1.25 per share. These dividends are payable on April 1st, 1930, to stockholders of record March 1st, 1930. FERRYMAN: This Company reports sales of $1,121,016 for 1929, compared with $672,338 in 1928, an increase of 67 per cent. In the last year the company produced 1,142,939 radio tubes, compared with 437,500 in the preceding year. SPARKS-WITHINGTON: This company reports for the six months ended on Dec. 31, 1929, earnings of $1,639,365, equivalent to $2.40 a share on the 684,606 shares out- standing, against $2.05 a share on the same basis in the previous year. Current assets were shown at $5,583,646, with total assets of $8,254,026. Current liabilities were shown as $544,680 and surplus as of Dec. 31, 1929, $3,655,988. RADIO-VICTOR CORPORATION: Sales of radio instruments, records, and record- reproducing instruments, as reported by Radio-Victor for 1929, amounted to $121,000,- 000. The total exceeds Victor's 1928 business by $22,600,000, and its best previous year, 1920, by $16,000,000. ZENITH: As of Decem- ber, 1929, cash on hand $1,165,516. January quarterly dividend not W. L. G. Cog- declared. To conserve ger, R< 'A-Ra- casn position. Factory diotron production of receivers in 1929 twice as large as any previous year. On December 10, 1929, manufacture of Zenith "50" line of receivers stopped with no manufactured inventory on hand in December. New "60" series production begun January 2nd. Zenith dealers total 6000, distribu- tors 55. GRIGSBY-GRUNOW : Report for six months ended November 30, 1929, showed net income, after deducting depreciation. Federal taxes, and all other charges, of $3,989,717, equal to $1.99 per share on the 1,997,897 shares of no-par-value stock outstanding. Total assets as of November 30, 1929, equal $35,537,128 compared with $10,093,418 for previous year. Cash in hand was $3,387,031. Production reached in October, 6000 sets and 65,000 tubes per day. The radio tube business of the com- pany will shortly be transferred to a separ- ate corporation, operating under an RCA license. In 1930 Majestic will enter the electric refrigeration field says President Grigsby: "Because of the fact that this field is opposite in its seasonal aspect to radio and the adaptability of the com- pany's equipment to its manufacture we are optimistic as to the results." Production Notes HY-GRADE: Daily capacity of 10,000 tubes; will soon be increased to 15,000, it was announced late in December. NATIONAL UNION: President Chirelstein states National Union plans to sell more than 15,000,000 tubes during 1930. QRV Radio Service, Inc., formerly located at 1400 Broadway, New York City, has removed to 155 West 72nd St., New York City. John S. Dunham is presi- dent. • RADIO BROADCAST FOR MARCH •