Weekly television digest (Jan-Dec 1963)

Record Details:

Title:
Weekly television digest
Date:
Jan-Dec 1963
Publisher:
Washington D.C. : Television Digest, Inc.
Volume:
Weekly television digest (Jan-Dec 1963)
Leaf #:
000423
Language:
English
Subjects:
Television -- Periodicals, Television broadcasting -- United States -- Periodicals.
Collection:
Broadcasting & Recorded Sound
Format:
Periodicals
Contributor:
University of Maryland, College Park
Sponsor:
LYRASIS Members and Sloan Foundation
Coordinator:
Media History Digital Library
Description:
A weekly digest of brief reports tracking recent developments in the U.S. television marketplace. Published out of Washington, D.C. with much more focus on the retail of TV sets than the other D.C.-based trade paper, BROADCASTING. -- Eric Hoyt, 2015
Date Added:
March 28, 2024
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I NEW SERIES VOL. 3, No. 34 TELEVISION DIGEST-9 I COMPONENTS PROFITS DWINDLE IN FIRST HALF: Slow first-quarter start by composite compo Inents & tube manufacturers (Vol. 3:28 p8) slowed even further in AprilJune period and produced less i than cheery sales & earnings picture for first half. Combined Jan. June sales of 21 companies dropped $54. 7 million to $1. 046 billion from $1. 101 billion a year earlier despite fact that more than half— 12 of 21 firms— showed increased sales. Profit picture was even more downbeat. Earnings of 24 manufacturers dipped aggregate $5. 1 1 million to $29. 5 million from $34. 6 million in 1962’ s first half. The 1963 figure is after deducting combined $513,980 losses of 3 companies— General Bronze ($165,063), Oxford Electric ($52,917), Sangamo Electric ($296,000). Year-earlier figure is after deducting Sangamo's $494,000 loss. Although 24 manufacturers were only $5. 1 million off 1962' s first-half profit pace, significant factor is number of companies involved in earnings lag. Of 24 companies analyzed, 19 were down in profits from year earlier— and of remaining 5, one, Sangamo, wound up half still in red. It improved position, however, by cutting year-ago loss of $494, 000 to $296, 000. Although some companies report signs of price stabilization & even upswing, it's obvious that imports & fierce domestic competition are still taking toll. Sales gains were more impressive. Among big jumps; Oak Mfg. —to $20 million from $15. 8 million. Texas Instruments— $128. 3 million from $119. 7 million. Thompson Ramo Wooldridge— record $240. 1 million from $231. 6 million. P. R. Mallory— $50. 1 million from $49. 1 million. General Bronze— $8. 8 million from $8. 1 million. Sangamo— $25. 9 million from $24. 4 million. Here’s 1963-vs. -1962 first-half performance of representative components & tube manufacturers: Sales Earnings Aerovox 1963 1962 1963 $ 64, 122 1962 $ 174, 067 Amphenol -Borg $ 41,963,661 $ 43,334,571 1, 124, 693 1,015, 273 Clevite 53,083,801 53,555,494 3,364, 092 3, 879, 108 CTS Corp 14, 587, 506 13,673,321 1, 090, 807 2,010,292 1, 034, 820 Dynamics Corp. of America. . . 37, 659, 874 41,825,049 2, 100, 256 Eitel-McCullough — — 225,000 262, 000 Erie Resistor. 14, 466, 000 14,301, 000 270, 000 (165,063) 601, 000 General Bronze 8, 825,045 8,071,763 13, 695 Globe -Union 31, 557,456 31,881, 107 609, 824 740, 370 1, 236, 990 1, 188,052 Indiana General — — International Resistance 14, 407, 872 14, 286, 212 743, 393 1, 165, 873 Littelfuse 3, 137,088 3,354, 505 145, 594 182, 650 P. R. Mallory 50,070,047 49,078, 494 1,946,582 2, 050, 379 Muter 7,910,472 8, 109, 340 101,084 142, 977 National Union Electric 18, 560, 975 18, 478, 849 526,411 545, 801 Oak Mfg 19,999,283 15,769,956 505,491 620, 568 Oxford Electric 5,062,968 4, 746, 320 (52,917) 54, 111 Raytheon 254, 825,000 312,759,000 3,659,000 5,336, 000 (494, 000) Sangamo Electric 25, 869, 000 24, 379, 000 (296, 000) Sonotone 11,064,434 10, 527, 606 46, 157, 144 105,412 150, 895 Standard Kollsman 36, 172,429 280, 764 1,420,497 Texas Instruments 128, 250,000 119,736, 000 5,256,000 4, 784, 000 Thompson Ramo Wooldridge. . . 240, 081, 345 231, 589, 854 7,066,956 6,414,666 Tung-Sol 28,921,715 35,567,514 137, 609 713,635 TOTALS $1,046, 475,971 $1, 101, 182, 099 $29,459,514 $34, 593,313 TV-RADIO PRODUCTION: EIA statistics for week ended Aug. 16 (33rd week of 1963): Aug. 10-16 Preceding wk. 1962 wk. ’63 cumulative ’62 cumulative Black & white TV. . . 150,858 127,726 107, 160 4,244, 164 3,975,821 N Total radio 349,027 272,083 349,425 10,424,000 11,164 777 Auto radio 140,352 109,013 120,123 4,419,621 3,911,890