Weekly television digest (Jan-Dec 1960)

20 NOVEMBER 28, 1960 Financial Reports of TY-Eiectronics Companies These are latest reports as obtained dnrinc the last week. Dash indicates the information was not available at press time. Parentheses denote loss. Company Period Sales Consolidated Electronics 1960 — 9 mo. to Sep. 30 1959’ $69,558,327 Crowell-Collier Publishing 1960 — 9 mo. to Sep. 30 1959 — 9 mo. to Sep. 30 1960 — qtr. to Sep. 30 1959 — qtr. to Sep. 30 34,012,353 26,692,075 12,990,880 10,640,918 Granco Products 1960 — year to June 30 1959 — year to June 30 3,366,382 3,070,486 Litton Industries 1960 — qtr. to Oct. 31 1959 — qtr. to Oct. 31 52.111.000 36.435.000 Loral Electronics 1960 — 5 mo. to Aug. 31 1959 — 5 mo. to Aug. 31 15,054,255 5,383,566 Movielab Film Labs 1960 — 39 wks. to Oct. 1 1959—39 wks. to Oct. 1 3,802,481 3,066,791 NAFI Corp. 1960 — 9 mo. to Sep. 30 1959 — 9 mo. to Sep. 30 1960 — qtr. to Sep. 30 1959 — qtr. to Sep. 30 40,135,150 16,862,703 12,756,675 4,749,691 National Union Electric 1960 — 9 mo. to Sep. 30 1959 — 9 mo. to Sep. 30 26,197,765 26,901,532 Radio Shack 1960 — qtr. to Sep. 30 1959 — qtr. to Sep. 30 3,029,406 2,264,428 Republic Corp. I960— year to Oct. 29' 1959 — ^year to Oct. 29 30,000,000 28,250,273 Textron Electronics 1960 — 9 mo. to Sep. 30 1959'° 1960 — qtr. to Sep. 30 1959'° 19,959,181 6,300,000 Pre-Tax Earnings 6,622,189 5,534,755 4,490,658* 2,208,556 1,828,036* 2,264,302 934,496 (629,445) 54,401’ 1,244,323 1,335,475 Per Net Earnings Common Share $ 3,118,149 $1.10 Common Shares 2,835,400 4.665.055 4,490,658 1.874.056 1,828,036 (94,674) 49,152 2.150.000 1.537.000 513,596 193,808 159,680 100,780 1.82* 1.75* .73* .71* .15 .50‘ .40‘ .89 .35 .51 .40 1,329,302 761,496 (243,445) 58,401 1.08 .77 .06 626,323 .11 1,013,475 .18 58,212 21,798 1,600,000 884,882 .13 .05 .80 .24 305,257 .10 2,561,102 2,441,570 2,561,102 2,441,570 4,265,421 3,761,534* 580,148 550.000 312,500 250.000 1,230,755 987,655 1,230,755 987,655 5,747,479'’ 5,747,479'’ 2,961,093 (91,000) 2,961,093 Notes: 'Comparative figures invalid due to corporate consolidation Oct. 1, 1959. -Based On 2,561,102 shares outstanding Sep. 30, 1960. "No Federal income tax reported due to loss carry-over. ‘After preferred dividends. “Adjusted for Dec.-1959 2-for-l split & Oct.-1960 2V4% stock dividend. "Before $386,000 tax credit. ’Before $4,000 tax credit. "Outstanding Sep. 30, 1960. "Approximated. ’“Unavailable — company incorporated May, 1959. Dividends were omitted last week by 3 electronics companies with downbeat 9-month and/or ^ept. -quarter performances: Philco, Hoffman and American Bosch Anna. Philco, which suffered a 52% profit drop despite a 5% sales rise in 1960’s first 9 months (Vol. 16:47 p23), took no action on a cash dividend. A 25^ payment was declared at this time last year. Hoffman had record sales for 9 months & near-record volume in the September quarter, yet reported profit sharply down in both periods (Vol, . 16:45 p20). Common Stock Dividends Stk. of Corporation Period Amt. Payable Record Amphenol-Borg Q $0.35 Dec. 30 Dec. 16 Andrea Radio Q .12% Dec. 15 Dec. 1 Arvin Industries Q .25 Dec. 28 Dec. 5 Canadian GE Q 2.00 Jan. 3 Dec. 15 Canadian GE Ex. 4.00 Jan. 3 Dec. 15 Con Electronics Q .25 Jan. 5 Dec. 15 Electro-Voice Stk. 5% Dec. 29 Dec. 12 Federal Pacific Elec. . . . Q .20 Dec. 15 Dec. 1 Federal Pacific Elec. . . . Stk. 5% Dec. 23 Dec. 1 GE Q .50 Jan. 25 Dec. 16 Globe-Union Q .25 Dec. 20 Dec. 2 Globe-Union Ex. .20 Dec. 20 Dec. 2 Indiana General Q .15 Dec. 13 Nov. 29 Speer Carbon Q .17% Dec. 15 Dec. 1 Sprague Electric Q .30 Dec. 14 Nov. 30 Sprague Electric Stk. 2% Dec. 14 Nov. 30 Time Inc Ex. 1.00 Dec. 12 Nov. 25 Walt Disnev Prod Q .10 Jan. 1 Dec. 16 Warner Bros Q .30 Feb. 6 Jan. 13 OVER-THE-COUNTER COMMON STOCK QUOTATIONS Wednesday, November 23, 1960 stock Bid Asked Stock Bid Asked Acoustica Associates _ 18% 20% Lei Inc. 4% 5'/.! Aerovox 7% 814 Magna Theater 2 Vs 2% Allied Radio 22 23% Magnetics Inc. 8% 9% Astron Corp. 1% 1% Maxson (W. L.) 7% 8% Baird Atomic 22 23% Meredith Pub. 40 43' r British Industries 15% 17 y. Metropolitan Bestg. 16% 17'/.! 6% Milgo Electronics 16% 18 <4 Cetron 3% 4% Narda Microwave 3% 4% Control Data Corp 44% 47% Official Films 2-3/16 2'.“ Cook Elec. 12 13% Pacific Automation 4 4% Craig Systems 15% 17 y. Pacific Mercury _ 5% 6% Dictaphone _ 31 'A 34% Perkin-Elmer 44 47% Digitronics 24 26% Phillips’ Lamp 160 165% Eastern Ind. 13% 14% Pyramid Electric 2% 3-5/16 Eitel-McCuUough 14% 1614 Radiation Inc. _ 21% 23 y. Eleo Corp. 14 15% Howard W. Sams 34% 37% Electro Instruments _ 19% 22 Sanders Associates 29 31% Electro Voice 8% 9% Silicon Transistor 4% 5% Electronic Associates _ 26% 28 '4 Soroban Engineering _ 33 36% 8% 8% Soundscriber 13% 13 20% 23 19 21 Farrington Mfg. 28 30% Sprague Electric 44% 47 'A Fischer & Porter 19 21 Sterling TV _ 1% 2 FXR — 41% 45% Taylor Instrument 33 35% General Devices 8% 9% Technology Inst. 8 9’1 G-L Electronics 7% 8% Tele-Broadcasters % 1 -1/16 Granco Products 2% 3 '4 Telechrome 10% 11% Gross Telecasting 19% 21 '-4 Telecomputing 7% 8% Haydu 1/16 V, Time Inc. 61 6414 Hewlett-Packard 26% 28% Tracerlab 8% 10 High Voltage Eng. 138 146 United Artists 5% 6% Infrared Indu.stries . 16't 18% United Control 16% 18% International Rectifier 21' • ?3‘>5 Universal Trans. 1 1 -5 16 Interstate Engineering 19% 21 >'4 Vitro 9‘ • 10';. Itek 53 'i 58 Vocaline 2% 3 -5 '16 Jerrold 7% 8% Wells-Gardner 17% 19%