Weekly television digest (Jan-Dec 1963)

Record Details:

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14-TELEVISION DIGEST NOVEMBER 4, 1963 These are latest reports Financial Reports of TV-Electronics Companies as obtained during the last week. Dash indicates the information was not available at press time Parenthe»e» denote loan. Company Period Sales Pre-Tax Earnings Net Earnings Per Common Share Common Shares AB-PT 1963—9 mo. to Sept. 30 — — $ 6,906,000 $ 1.55 — 1962—9 mo. to Sept. 30 — — 7,906,000 1.77 — 1963— qtr. to Sept. 30 — — 2,333,000 .52 — 1962— qtr. to Sept. 30 — — 2,510,000 .56 — Arvln Industries 1963—9 mo. to Sept. 30 $ 70,874,000 $ 4, 484, 000 2,096, 000 1.60 1,307,342 1962—9 mo. to Sept. 30 65,542,000 3,683,000 1, 748, 000 1.34 1,307,342 1963— qtr. to Sept. 30 24,241,000 1,858,000 884,000 .67 1,307,342 1962— qtr. to Sept. 30 23,433,000 1,575,000 741,000 .57 1,307,342 Clevlte 1963—9 mo. to Sept. 30 76,925,645 9,672,266 4,746,266 2.45I 1,903,673 1962—9 mo. to Sept. 30 75,839, 150 9,751,006 4,721,006 2.44I 1,893,033 1963— qtr. to Sept. 30 23,841,844 2,843, 174 1,382, 174 .711 1,903,673 1962— qtr. to Sept. 30 22,283,656 1,789,898 841,898 .43I 1,893,033 Dynamics Corp. 1963—9 mo. to Sept. 30 54,560,753 5,099,043 3,012,456 .781 3,379,836 of America 1962—9 mo. to Sept. 302 61,038,617 6,834,773 3, 156,791 .831 3,335,487 Eltel-McCullough 1963—9 mo. to Sept. 30 19,635, 100 — 496, 1003 .263 1,842,913 1962—9 mo. to Sept. 30 22,776,900 — 429,800 .23 1,842,913 Globe -Union 1963—9 mo. to Sept. 29 50,530,373 1,900,547 956, 547-1 .72 1.320,325 1962—9 mo. to Sept. 29 48,768,783 3,241,980 1,736,9805 1.326 1,306,8936 Indiana General 1963—9 mo. to Sept. 30 17,516,521 1,863,521 982, 131 .85 1,150,002 1962—9 mo. to Sept. 30 19,469,889 3,257,579 1,605,529 1.40 1,150,002 Litton Industries 1963— year to July 31 553, 146, 239^ 43,796,403 23,296, 107"7 2.29I 10,145,217 1962— year to July 31 393,807,709 30,849,499 16,315,952 I.64I 9,909,407 Muter 1963—9 mo. to Sept. 30 12, 158,039 337, 127 169,031 .13 1,257,695 1962—9 mo. to Sept. 30 11,934,232 397,734 197, 161 . 168 1,199,0848 Sparton Corp. 1963— qtr. to Sept. 30 8,613,607 382,381 177,381 .191 919,024 1962— qtr. to Sept. 30 7,029, 103 388,955 178,253 . I9I 919,024 Stewart -Warner 1963—9 mo. to Sept. 30 97,590,769^ — 6,519,626"7 1.87 3,482,449 1962—9 mo. to Sept. 30 89,438,613 — 5,756,361 1.65 3,321,421 1963-qtr. to Sept. 30 31, 171,289 — 2,297, 138"? .66 3,482,449 1962— qtr. to Sept. 30 28,840,015 — 1,943,385 .56 3,321,421 Storer Bcstg. 1963—9 mo. to Sept. 30 — — 3,998,8269 1.829 2,192,712 1962—9 mo. to Sept. 30 — — 4,499,918* 1.85* 2,438,503 1963-qtr. to Sept. 30 — — 1,067, 172 .54 2,192,712 1962— qtr. to Sept. 30 — — 881,553 .36 2,438,503 Thompson Ramo 1963—9 mo. to Sept. 30 357,073,000"^ 20,710,000 10, 249,000 2.66 3,762,954 Wooldridge 1962—9 mo. to Sept. 30 342, 197,000 18,803,000 9,109,000 2.38° 3,731,3101] 1963-qtr. to Sept. 30 116,992,000"7 6,623,000 3, 182,000 .82 3,766,978 1962— qtr. to Sept. 30 110,607,000 5,472,000 2,694,000 .706 3,750,801* Tung-Sol 1963—39 wks. to Sept. 28 41,208,024 457,551 219,551* .07I 928,826 1962—39 wks. to Sept. 28 49,640,309 1,480,514 713,514 .6OI 928,826 1963-13 wks. to Sept. 28 12,286,309 171,942 81,942 .04I 928,826 1962 — 13 wks. to Sept. 28 14,072,795 (54,121) (121) 13 928,826 Notes: lAfter preferred dividends. ^Restated to include acquisition of International Electronic Research (1963) & Waterloo Register (1962). ^Before nonrecurring net income approximating 11(! a share from sale of old plant prc^r ‘ ties. ^>yter reduction equal to a share of nonrecurring items. ^After gain of 18? a share from special nonrecurring items. ^Adjusted for Oct.1962 3-for-2 stock split. "^Record. ^Adjusted for Jan.-1963 5% stock di\ddend. ^After nonrecurring $256, 247 (12?) loss from disposal of "Miami Beach Daily Sun" June 1963. ^^Includes $911,492 (37?) net capital gain from sale of radio WWVA Wheeling, W. Va. ^^Adjusted to reflect Jan.1963 10% stock di\ddend. l^Before $1.3 million net losses sustained or estimated to be incurred in connection with discontinuation of certain operations and disposal of inventories and equipment. After $54, 000 tax credit.