Television digest with electronic reports (Jan-Dec 1954)

12 Color Trends & Briefs: Color will dominate engineering sessions of NARTB convention in Chicago, May 23-27 — with about half the papers devoted to subject. Following is tentative schedule of sessions, prepared by convention committee and A. Prose Walker, NARTB mgr. of engineering : May 25, morning: Raymond F. Guy, NBC, presiding — “The Story Behind the NTSC Color Standards,” Donald G. Fink, Philco; “Equipment Operating Characteristics for Color TV,” Charles E. Page & Knox Mcllwain, Hazeltine; “Preparing the TV Transmitter for Network Color TV,” Robert M. Morris, ABC. May 25, afternoon: James D. Russell, KKTV, Colorado Springs, Colo., presiding — “Seeing Light & Color,” Ralph Evans, Eastman Kodak; “Economy in Radio & TV Operations Through Organization & Management,” Willard J. Purcell, GE ; “Results of Experience to Date in Color TV Operations,” Robert E. Shelby, NBC; “Special TV Effects,” Paul F. Wittlig, CBS. May 26, morning: Dr. Wm. L. Everitt, U of Illinois, presiding — “Basic Components of Color TV for Local Originations,” Wm. J. Morlock & C. Graydon Lloyd, GE, and Roland E. Connor, Eastman Kodak; “Simultaneous Color Cameras & Tubes,” John H. Roe, RCA; “Color TV Test Equipment,” John W. Wentwoi'th, RCA; “Routine Test & Alignment Procedures for Amplifiers & Circuits Used for Color TV,” Howard C. Gronberg, NBC. May 26, afternoon: Wm. B. Lodge, CBS, presiding — “Color Encoders,” Robert Deichert & Robert Casey, DuMont; “Color TV Motion Picture Film Reproduction,” Keith E. Mullenger, NBC; “Lighting, Makeup, Costumes & Sets for Color TV,” Reid R. Davis, NBC; “CBS Color TV Staging & Lighting Practices,” Richard S. O’Brien, CBS; “Save a Seat for the Engineer,” Harold E. Fellows, NARTB. May 27, morning: Earl M. Johnson, MBS, presiding — “Automatic Editing & Sequencing of Magnetic Tape,” Edgar F. Vandivere, consulting engineer; “Remote Control of Transmitters,” Wm. F. Rust Jr., Rust Industrial Co.; “FM Broadcast Multiplexing,” Wm. S. Halstead, Multiplex Development Corp.; “Allocations Philosophy,” Curtis B. Plummer, FCC. May 27, afternoon: Wm. J. McDonnell, FCC, presiding— “Image Orthicon Optimum Performance,” Robert G. Neuhauser, RCA; “TV Preventive Maintenance Unique to the TV Transmitting System,” Philip G. Caldwell, ABC; “Video Switching,” Ben Adler & Louis Katz, Adler Communications Labs; “The DuMont Telecenter,” Rodney D. Chipp, Robert I. Brown & Robert F. Bigwood; “Technique of TV Station Coverage Measurement,” James C. McNary, consulting engineer. 4: ^ New color test equipment: Electronic Insti'uments div., Burroughs Corp., Philadelphia, has developed TV sync & color bar generator for use by TV manufacturers’ research & development laboratories to study test performances of color circuits. Telechrome Inc., Amityville, L. I. offering portable “Chromalyzer” for alignment of receivers, adjustment of transmitters, etc., designed to generate all required standard color signals and information independent of other apparatus (price $750). Transmission of color “stripe” by stations, to enable servicemen to check alignment of receivers even during monochrome transmission (Vol. 10:12), was recommended to NARTB engineering advisory committee by RETMA service subcommittee. RCA announced that it will cost station about $500 to add “color stripe generator.” RCA’s fifth color seminar for engineers in Camden, conducted this week, brought total attendance to about 500. The 81 attending this week included men from NBC, CBS, AT&T and many individual station. Financial & Trade Notes: CBS set all-time records for profits and sales in 1953. Net income was $8,894,642 ($3.80 a share) on gross revenues of $313,908,800, nearly 25% higher than 1952’s gross of $251,594,490. Net income in 1952 was $6,445,506 ($2.76). Though there was no dollar breakdown by operating units, annual report said each increased its sales volume over 1952. CBS-TV network, with 74 affiliates, “showed the greatest increase in dollar volume, a gain of more than $28,000,000 over 1952 — a 41% rate of increase compared with 22%, 16% & 15% for the other networks.” CBSradio, increasing its lead in billings, had 5% rise in dollar volume in 1953, and its advantage over nearest competitor was 38%, compared with 24% year before, said report. In manufacturing activities, tubemaking subsidiary CBS-Hytron reported 28% greater dollar sales in 1963 than 1952. Sales of CBS-Columbia TV sets increased by 30%, compared to “industry’s increase of 11%.” Aiming particularly at new markets where CBS-Columbia had opportunity to start on par with other trade names, report said it attained “significant and satisfactory share” of these markets. Columbia Records, div. sold its 20,000,000th LP record last year, is now developing automatic injection molding process for its factories, with new Terre Haute, Ind. plant scheduled to be “industry’s first fully automatic factory completely equipped with injection molding machines.” Columbia Records sold 50,000 table model “360” hi-fi phonographs in 1953, report notes. Annual meeting of CBS stockholders is April 21, and proxy notice lists these officers & directors whose aggregate remuneration exceeded $30,000: ex-CBS-Hytron pres. Bruce A. Coffin, $77,395; ex-CBS-Hytron chairman Lloyd H. Coffin, $77,395; ex-CBS-Columbia pres. David H. Cogan, $77,395; Columbia Records pres. James B. Conkling, $73,106; CBS-Radio pres. Adrian Murphy, $65,000; newscaster & CBS director Edward R. Murrow, $240,628 (not including royalties of $33,600 to Persons to Persons Corp., 32V^% owned by Murrow, his son and his mother) ; chairman Wm. S. Paley, $100,000; CBS pres. Frank Stanton, $235,780; CBS-TV pres. J. L. Van Volkenburg, $88,885. * * * « International Resistance Co. reports 1963 earnings of $508,058 (38^ a share) on sales of $12,755,041, compared with 1952 earnings of $577,877 (44(*), sales of $11,778,836. Breakdown of company’s sales shows TV-radio manufacturers were its biggest group of customers in 1953, buying $6,547,974 worth of components; industrial and govt, customers bought $4,807,229, replacement accounted for $1,382,675, export $147,604. Trav-Ler Radio Corp. reports 1953 profit and sales both well over 1952, net earnings rising to $412,257 from $291,565, sales to $14,669,624 from $11,860,387. In annual report, pres. Joe Friedman said: “While it is difficult to ])redict the business future generally, we believe that the coming year should continue to show a growth in our civilian business.” Board has voted to resume quarterly dividend. Hoffman Radio Corp. reports record 1953 sales of $50,415,416, some 40% more than the $36,379,668 reported for 1952. Net income for 1963 was $1,199,666 ($2.07 a share) vs. $1,623,768 ($2.81) for 1952. Annual statement calls 4th quarter 1953 earnings “a definite disappointment.” blames color publicity and “the decision of a well-known company to liquidate its inventory at drastic discounts.” Indiana Steel Products Co. reports 1963 net income of $335,925 ($2.36 a share), compared to $306,565 ($2.16) in 1952. Annual report called net sales highest in history but dollar volume wasn’t given. Sales for 1962 were $6,386,911 (Vol. 9:11).