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6— TELEVISION DIGEST
JULY 15, 1963
Financial Reports of TV-Electronics Companies
These are latest reports as obtained daring the last week. Dash indicates the information was not available at press time. Parentheses denote loss.
Company
Period
Sales
Pre-Tax
Earnings
Net Earnings
Per
Common
Share
Common
Shares
CTS Corp.
1963 — 6 mo. to June 30
1962 — 6 mo. to June 30
1963 — qtr. to June 30 1962 — qtr. to June 30
$ 14,587,506
13,673,321 7,293,573 7,000,835
$ 2,097,014
2,085,191 910,151 1,039,773
$ 1,090,807
1,034,820* 471,658 484,806*
$ .74 .70 .32 .33
1,482,003
1,482,003
1,482,003
1,482,003
Electro-Voice
1963 — qtr. to May 31
2,765,722
91,964
46,389
.09
497,332
1962 — qtr. to May 31
2,574,510
381
1,123*
—
497,332
Filmways
1963—9 mo. to May 31
9,017,116
187,966
83,966
.14
568,654
1962 — 9 mo. to May 31
7,163,039
(345,703)
(234,803)*
—
568,654
GE
1963 — 6 mo. to June 30
2,397,358,000®
257,148,000
126,120,000*
1.40
89,945,460
Story on p. 12
1962 — 6 mo. to June 30
2,318,836,000
249,064,000
119,977,000
1.34
89,391,842
1963 — qtr. to June 30
1,242,885,000®
67,141,000®
.74
89,945,460
1962 — qtr. to June 30
1,218,270,000
64,014,000
.71
89,391,842
Muntz TV
1963—9 mo. to May 31
532,521
.36
1,437,482
1962 — 9 mo. to May 31
783,689
.53
1,437,482
1963 — qtr. to May 31
60,921
.04
1,437,482
1962— qtr. to May 31
182,800
.12
1,437,482
Rollins Bcstg.
1963 — year to Apr. 30
7,899,744®
1,214,557
580,388*
.61
957,244
1962 — year to Apr. 30
6,395,312
831,260
437,396
.46
955,475
RCA
1963 — 6 mo. to June 30
877,300,000®
60,900,000
29,400,000®
1.60
17,375,000
Story on p. 12
1962 — 6 mo. to June 30
853,900,000
48,600,000
24,000,000
1.32
16,936,000
1963— qtr. to June 30
441,300,000®
25,600,000
12,100,000®
.65
17,375,000
1962 — qtr. to June 30
428,900,000
19,700,000
9,500,000
.51
16,936,000
Stanley Warner
1963 — 39 w'ks. to May 25
104,268,422
3,453,112
1,798,112
.88
2,035,924
1962 — 39 wks. to May 25
101,422,850
3,992,588
2,267,588
1.11
2,033,924
1963 — 13 wks. to May 25
37,386,664
1,276,146
739,146
.36
2,035,924
1962 — 13 wks. to May 25
34,051,600
1,217,603
707,603
.34
2,033,924
Transistor Electronics
1963 — year to Apr. 30
2,108,903
212,344
.64
1962 — year to Apr. 30
1,613,017
130,563
.39
Vornado
1963 — 9 mo. to May 31
113,319,140
3,554,926
3,354,926
2.56
1,310,593
1962 — 9 mo. to May 31
84,051,418
2,777,898
2,719,374
2.08
1,310,593
1963 — qtr. to May 31
35,005,172
916,815
916,272
.70
1,310,593
1962 — qtr. to May 31
26,970,093
794,580
782,531
.60
1,310,593
Wometco Enterprises
1963 — 24 wks. to June 15
9,950,000
1,043,459
.72
1,438,368
1962 — 24 wks. to June 15
8,195,000
916,197
.64
1,008,857
.1963 — 12 wks. to June 15
4,914,000
: 518,812
.36
1,438,368
1962 — 12 wks. to June 15
' 4,478,000
i 467,109
.32
1,008,857
Notes: ^ After tax credit. ® After $110,900 tax credit. ® Record. ‘After $53,640 provision to adjust for devaluation of Canadian dollar.
Personals
CBS-TV network program changes: Marc Merson, gen. program exec., to live programming dir.; Tom Loeb, live programming supervisor, to program sales dir.; Robert Milford, live programming dir., to program services dir.; Robert Peyson, asst. production mgr., to production mgr.; James Lavenstein, admin, mgr., to program liaison mgr.; Lillian K. Curtis, program personnel admin., to program personnel & services mgr.; Maureen McGleave, network films supervisor, N.Y., to program supervisor, network programs, N.Y.
Crawford H. Greenewalt, du Pont de Nemours & Co. chmn., elected chmn.. Radio Free Europe Fund.
John T. Curry Jr., ex-Grey Adv. account exec., named ABC-TV adv. & promotion operations dir. . . . Walter A. Schwartz, ex-radio WINS N.Y. asst. gen. mgr., appointed vp & gen. mgr., radio WABC N.Y.
Thomas J. Knott promoted to public affairs dir., WBZTV Boston.
Richard K. Lyon & Seymour M. Chase form Lyon & Chase, Washington TV-radio law firm, Farragut Bldg, (phone: 296-5066).
Mort Werner, NBC programs vp, elected pres.. National Academy of TV Arts & Sciences . . . Norman Grant. NBC color coordinator, resigns to become pres., Tele-Color Inc., consultants.
Henry B. Clay, KTHV Little Rock, & John F. Patt. WJR Detroit, appointed NAB finance committee chairmen for TV & radio, respectively.
Elizabeth B. Harris, ex-ABC Radio research mgr., named research mgr., WQXR N.Y. . . . Harry H. .4verill. ex-RAB vp, appointed vp & gen. mgr., Thoms Radio-TV Enterprises, hq WEAM Arlington, Va.
Don B. Curran, gen. mgr., radio KGO San Francisco, elected ABC vp . . . Alan Baker promoted to program publicity dir., NBC press dept.
George A. Sperry, ex-WGR-TV Buffalo, appointed adv.-promotion dir., CKLW-TV-AM-FM Detroit,