The radio dealer (Apr-Sept 1922)

July, 1922 THE RADIO DEALER 81 monwealth, the directors of Amalgamated Wireless (Australasia), Ltd., are taking steps to have the company's articles of association altered to provide, inter alia, that the authorized capital shall be increased to £1,000,000 in £1 shares, and that 301,500 new shares shall be offered to shareholders for subscription at par, in the proportion of five for every three existing shares held on May 10th next, payable: 1/ per share on application, 1/ per share on allotment, and the balance in calls of such amounts and at such time as the directors may from time to time determine. The application list is to close on May 31. REYNOLDS SPRING A party of Wall Street men interested in Reynolds Spring have just returned from a visit to the plant at Jackson, Michigan. They declare themselves as most favorably impressed by what they found. Efficiency, they state, is everywhere. The entire spring works have been moved into the new plant, situated about a mile from the company's other building. This building has been turned over exclusively to the manufacture of radio equipment, which the company handles under its contract with De Forest. Orders are coming in steadily, and while income has shown a satisfactory increase recently, it is stated that July and August are likely to establish a new high record. — N. Y. American. The directors of the Reynolds Spring Company, in addition to declaring the usual quarterly dividend of 1^4% on the Company's preferred " A " stock, has also authorized the payment of two years' accumulated dividends on the preferred " B " stock. ENGLISH MARCONI Regarding English Marconi, " Stanton's Wireless Bulletin " for June published the following message from their London correspondent. STANRAY, New York.— The English Government has offered the English Marconi company £800,000 sterling to settle their war claims, but the Company has refused to accept that amount, and asked £1,500,000 sterling. As both parties could not agree on the amount, they have decided to form a commission, the English Government and the English Marconi Company to have the same amount of representatives to sit on the commission to decide, and they start to meet the first week in June, and keep on having meetings each week until settled.— STANRAYMUR. The above indicates that the English Government is willing to pay approximately $3,500,000, but the Company wants about $6,700,000. The opinion in London is that they will compromise on the sum of $5,000,000. A settlement on this basis would mean an additional value to the stock of about $1.60 per share. STOCKS Bid Ask Amer. Marconi Stamped 5c 20c *Amer. Tel. & Tel 119^ 120 Canadian Marconi 2J4 V/\ Cuban Tel. Co. common 65 85 Cuban Tel. Co. preferred... 80 90 De Forest Tel. & Tel 5 10 Dubilier Con. & Radio 8 8% English Marconi common ... 10 14 English Marconi preferred . . 10 14 Federal Tel. & Tel. of Cal.. 6 6j4 *General Elec. Company .... 164§^ 166% International Tel. & Tel 50 65 Marconi Int. Marine 7y2 8 Radio common 4^ 4^6 Radio preferred 2)3/% 3T/2 ♦Reynolds Spring 47V2 48V2 Spanish Marconi 1 3 ♦United Fruit 137 138 Radio to Have Same Destiny ! As Other Great Inventions By ALEXANDER CLEMENTS President American Radio & Electric Co. When Morse invented the electric telegraph and announced the success of his experiment in sending a message by wire from Washington to Baltimore, how few there were who realized the importance of this demonstration. Bell, the inventor of the telephone, met with a rather discouraging reception when trying to introduce his telephone. Edison with his arc light experienced similar difficulty in proving the importance of his new lighting system. The original talking machine aroused a mere curious and passing interest in the first demonstration. The moving pictures at first excited a mere transient interest which showed signs of public indifference during its early development. All of the industries and enterprises enumerated in their primitive forms were thought to be commercially impracticable and mere crazes and hob bies, so that one can easily understand why the present wireless interest is considered by people of no vision a mere passing craze. Much worthless wireless appara1 tus has been sold which was imperfectly and unscientifically constructed and which naturally has discouraged innumerable beginners in this new science. But I believe now that the radio industry will take on a new impetus with the improved and scientifically tested radio mechanism and will prove one of the greatest boons in furnishing information, education and entertainment to every home in every hamlet, village and town. Judging from the orders and inquiries we are now receiving we anticipate a tremendous demand this fall as every indication shows a marvelous revival of interest in radio and the manufacturers should adopt some plan of standardization to insure the nublic of approved appliances. LATEST and MOST POPULAR Radio Books Radio Hook-Ups, by M. B. Sleeper $ .75 An indispensable book to the radio amateur who designs or builds his own receiving apparatus. ' Radio Design Data, by M. B. Sleeper 75 A book giving tables and data for designing receiving and transmitting apparatus. Construction of New Type Trans-Atlantic Receiving Set, by M. B. Sleeper .75 Tells how to listen to the high-power telegraph stations of foreign countries. Construction of Radiophone and Telegraph Receivers for Beginners, by M. B. Sleeper 75 Tells in detail the building of radio apparatus. How to Make Commercial Type Radio Apparatus, by M. B. Sleeper. . .75 Describes in detail many commercial types of transmitting spark and vacuum tube sets, both telephone and telegraph and receiving equipment of all kinds. Wireless Telegraphy and Telephony Simply Explained, by A. P. Morgan 1.50 A book the Radio experimenter cannot afford to be without. Experimental Wireless Stations, by P. E. Edelman 3.00 A book describing all modern improvements. A B C of Vacuum Tubes Used in Radio Reception, by E. H. Lewis. . . 1.00 A book explaining in detail all about vacuum tubes. FREE! Catalogue of Wireless, Automobile and Other Books Sent Free on Request The Norman W. Henley Publishing Co. 2 West 45th Street, New York Liberal Discount to Supply Houses. Write for full particulars and dealer's proposition. \