Weekly television digest (Jan-Dec 1963)

Record Details:

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NEW SERIES VOL. 3, No. 42 Trade Personals TELEVISION DIGEST-n Charles A. Barnes promoted to P. R. Mallory operations vp; Kenneth W. Shearer, controller, also named vp. Justin J. McCarthy, ex-Sylvania, joins EICO Electronic Instruments as sales mgr., a new post. . . T. K. Decker, ex-Philco, named International Resistance purchasing dir. , a new post. Alfred Packer, onetime Philco Home Laimdry Div. mgr., recently Philco Distributor s-N.Y. key accounts mgr., joins Zenith Radio of N.Y. as color sales supervisor. . .Anthony Malorella appointed GE Electric Supply Co. ad & sales promotion mgr., succeeding James E, Clarke, who joins International GE. L, M. Sandwlck, former EIA consumer electronics staff dir., a widower, married to Mrs. Reginald Hill Marlow Sept. 28 in Rockville, Md. Joseph Stefan appointed magnetic tape and custom products vp, RCA Victor Record Div., a new post. Lloyd L. Kelly, pres, of Link Div. of GPE's subsidiary Simulation & Control Group, also named pres, of Group, succeeding W. W. Wood Jr., resigned to become pres, of Applied Dynamics. James J. Ling, Ling-Temco-Vought chief exec, officer, also elected chnrm., succeeding Robert McCulloch, who continues as exec, committee clunn. Harold M. Wlnton, Vernitron vp, appointed gen. mgr. of newly-acquired United Scientific Labs, which will be operated as a division. J. J. Benavle, ex-counsel to International Div., appointed to new post of staff vp, patent licensing, RCA, with direct responsibility for all domestic patent licensii^. Obituaries James O. Burke, 57, Standard Kollsman Industries pres., died Oct. 14 in his Melrose Park, HI. office of apparent heart attack. With former partner Glen Swanson and $1,000 capital, he established predecessor Standard CoH Co. in 1935 in Chicago. Merger in 1960 with Kollsman Instruments resulted in present organization. He is survived by widow, sons James (asst, to pres, of Standard Kollsman) & Thomas, 3 daughters. Frank B. Walker, 73, onetime RCA vp & gen. mgr. of RCA Victor Record Div. and from 1945 xmtil his retirement in 1948 a MGM vp & Record Div. gen. mgr. , died Oct. 15 of heart attack at Little Neck, Queens, N. Y. home. He organized MGM's Record Div. in 1945, continI ued as MGM consultant after retirement. A record inI dustry pioneer, he also served as Columbia Phonograph I Records vp and Loew's Inc. vp during long career. He 1 helped organize Record Industry Assn, of America, was j onetime pres., treas. and honorary chmn. He is sur' vived by widow, son, 2 daughters. Edwin R. Palmer, 68, onetime Bendix vp & treas. , I died Oct. 13 at his Miami Beach, Fla. home. Before ' retirement he was controller of General Motors' Chevro, let Div. _ Closed-circuit TVcamerawith integrated 8-in. viewfinder, power supply & controls was announced last week by Du Mont Div. of Fairchild Camera at $2, 595. DISTRIBUTOR NOTES: Roberts Electronics appoints 2 additional distributors: Plerce-Phelps, Philadelphia, for eastern Pennsylvania & southern New Jersey, and Radio Service Lab, Manchester, N. H. for parts of New England. Pierce-Phelps succeeds Alco Photo Supply which continues as Roberts distributor for western Pennsylvania & New York. . . Olympic Radio & TV appoints Steve Jordon Inc. (Steve Jordon pres.), 1117 N. Santa Fe, Wichita, Kan. for central & western Kansas. . . Andrea Radio names Koessler Sales Co. of L. A. distributor for California, Arizona, Nevada and Hawaii. . . Phllco Distributing-Cleveland appoints John W. Miller gen. mgr., succeeding Inwood Sniith, resigned, and succeeded by Sidney Arlen as gen. sales mgr. . . Sylvanla names S. Rlchsurd Johnson Chicago district mgr. , a new post. . . Andrea Radio appoints Hyde Electronics (Dick Hyde Sr., pres.), 888 S. LipanSt., Denver, manufacturer's rep for Colorado, New Mexico, Utah, Montana, Wyoming & eastern Idaho. Hyde also maintains branches in Albuquerque, N. M. and Salt Lake City. . . Apollo Distributing, Newark, N. J., Zenith distributor in northern New Jersey & N. Y.'s Richmond & Rockland counties, names Richard Slobodlen pres., succeeding David Slobodlen who becomes chmn., a new post. . . Electronic Wholesalers, Washington D. C., names 4 branch mgrs. vps: Jack C. Wise, Washington, D. C., Philip Konter, Miami, Louis J. Crusco, Baltimore, Joe Austin, Huntsville, Ala. International Electrohome'e TV & hi-fi sales in U. S. tripled in past 12 months to $3. 5 million, reported Howard Main, pres, of Dominion Electrohome's U.S. subsidiary (Vol. 3:30 pll). He said Canadian firm now is producing 5 color TV models for U.S. market, noted that there are now 435 dealers handling company's products in this country. First Muntz color set, now being shipped, is TVradio-stereo combo at about $700, now at dealers . Two more— lowboy and another combo (Vol. 3:40 p9) are due soon. New TV outlets: Walgreen' s drug chain is displaying GE 11-in. set at $99. 95 in about 40 of its stores in Chicago area. Hoffman Is considering color TV set production, but no decision has been made, according to Vp Ray B. Cox. ■ International Resistance received Oct. 16 "Financial World" accolade as stock issue that "seems attractive as a 'businessman's risk. '" Analysis emphasized: "As a result of a carefully balanced program of internal research plus outside acquisitions, IRC has doubled its sales in the last 5 years and gained increased investment stature as a major supplier to the electronics industry of components, circuits, transducers and electronic systems and subsystems. Earnings during this period also have trended upward. Despite a high growth rate, the company has been successful in maintaining a simple debt -free capital structure, with no senior securities ahead of the 1. 5 million common shares." Magazine also noted that IRC "is now undergoing a transition from a modest-sized company to one of substantially larger proportions." Meredith Publishing "has no reason to believe" that revenues and earnings in 1964 fiscal year ending next June 30 will trail fiscal1963' s $2. 1 miUion profit on record $71. 2 million sales. Exec. Vp Payson Hall reported all divisions operating at a profit.