Weekly television digest (Jan-Dec 1963)
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10-TELEVISION DIGEST
NOVEMBER 11, 1963
Trade Personals
Chris J. Witting Jr. , Westinghouse vp, formerly in charge of consumer products, has been placed on special assignment, reporting to Ronald N. Campbell, exec, vp in charge of industrial, construction & construction groups, who now assumes direct -line responsibility for consumer group.
Arthur Rlchenthal elected chmn. & chief executive officer of Standard Kollsman Industries, succeeding James O. Burke, who died Oct. 14 (Vol. 3:42 pll); James W. Burke, son of late chairman & pres. , former asst, to pres. , named vp & tuner div. gen. mgr.
John L. Hanlgan, onetime Corning Glass Electrical Products Div. vp-gen. mgr. , resigns as Dow Corning exec, vp-gen. mgr. to become pres, of Bnmswick Corp. , Chicago.
Carroll R. Miner, ex-Sarkes Tarzian, onetime Hoffman Electronics Consumer Products Div. chief engineer and GE TV set design engineering mgr. , joins General Instrument's F. W. Sickles Div. as engineering dir. , Chicopee, Mass, plant.
Frank M. Folsom, RCA exec, committee chmn. , awarded Catholic Actors Guild of America's George W. Buck Memorial Award for contributions to acting profession.
Chris H. Bartlett appointed Westinghouse Southeast region mktg. vp, succee^ng P, T. Lagrone, who retires Feb. 1.
James L, Myers named GE Radio Receiver Dept, finance mgr. , succeeding Herbert J. Connelly, appointed finance mgr. for GE's Mississippi test support operation.
Gerry M. Mills named Centralab mktg. mgr. . . Ralph R. Papltto elected Glass-Tite Industries chmn.
Richard F. O'Brlon appointed Ampex Consumer Products Div. eastern region sades mgr. ; John C, Dews, midwestern region sales mgr. ; Paul M. Challant, western region sales mgr.
Charles R. Gray & Carl I. Swanson, both formerly Philco, join International Resistance as microcircuit application development mgr. and microcircuit customer services mgr. , respectively, both new posts.
Obituaries
Charles M. Mooney, 50, vp of RCA's Federal Govt. Systems Support Div., Washington, died Nov. 3 of heart attack while vacationing at Farmington Club, Charlottesville, Va. He joined RCA early this year after serving as vp with IT&T. He is survived by wife, 2 sons, daughter, sister.
Watson P. Dutton, 62, RCA special projects administrator, Defense Electronics Products Div. , died Nov. 4 of heart attack at Arlington, Va. home. He'd been with firm 32 years. He is survived by widow, daughter, 2 sons.
Theophllus F. Barton, 77, retired GE engineer and sales executive, died Oct. 31 in Mary Imogene Bassett Hospital, Cooperstown, N. Y. He had been with GE 44 years, was a commercial vp & N. Y. district mgr. when he retired in 1950. He is survived by widow & daughter.
Mrs. Goldie J. B. Cohen, wife of Monte Cohen, General Instrument vice chairman, died Nov. 7 at Mass. General Hospital, Boston.
DISTRIBUTOR NOTES; Andrea Radio appoints Newton A, Chanln, Empire Bldg., Long Island City, N. Y., sales rep for Maryland, Washin^n, D. C., Virginia & Delaware (excepting New Castle County). . . Philco Dfstributors-N. Y. appoints Harvey J. Welnstebikey accounts mgr. . . Joseph P. Maloney elected pres, of RCA distributor The Eastern Co. , Cambridge, Mass. , succeeding Alan Stelnert who continues as treas. and moves up to new post of chmn. . . International Resistance appoints Avnet Electronics distributor for resistor and control products in N. Y. metropolitan area. . . J. Fll Ogden appointed to Westinghouse Appliance Sales hq staff, Coluni»us, O. , succeeded by John P. Adams as Salt Lake City district mgr.
All records were shattered by Motorola distributorto -dealer TV sales last week, according to Motorola Consumer Products marketing vp S. R. (Ted) Herkes.
He said b&w sales for first week of Nov. were more than 20% above previous peak established in Oct. 1954. Phono sales for same week were also "impressive," he added.
Add good news: Packard BeU Electronics TV sales jumped more than 25% in 1963' s first 8 months compared with same 1962 period. Stereo console unit sales set all-time record in Aug., captured 40% of S. Cal. market.
TelePrompTer shareholders' "protective committee" is being formed by group headed by Defiance Industries pres, and TelePrompTer dir. Victor Muscat "to inform stockholders how badly" company is "being managed" and to "stop the excessive administration and legal costs that are plaguing the company." Defiance -controUed B. S. F, Corp. is purchasing TelePrompTer' s Weathers, Conley Electronics and Audio Visual divisions (Vol. 3:35 pl2). Muscat emphasized that he "definitely was not planning a proxy fight to unseat management," but said he & associates are studying plan to "make a tender offer to TelePrompTer stockholders in order to acquire control of the company." Decision on tender offer will come within 90 days, he said, and if affirmative, Muscat group will seek minimum 40% of TelePrompTer' s 746,090 outstanding shares.
AB-PT's 9-month & 3rd-quarter figures (Vol. 3:44 pl4) included capital gains, as follows: 1963's 9-month operating profit of $6,383,000 was enhanced by $523,000 (12(J a share) net capital gains that increased net profit to $6,906,000. In same 1962 period, operating profit of $8,003,000 was decreased by $97,000 (2(5) capital loss to total $7, 906, 000. In 1963' s Sept, quarter, operating profit of $2, 164,000 was increased by $169,000 (4(5) net capital gains to total $2,333,000. In same 1962 quarter, <^erating profit of $2, 450, 000 w'as increased by $60, OOb (1(5) capital gains to $2,510,000.
Philco is still in the red, according to Ford Foundation prospectus for secondary stock offering. "Philco sustained a loss in the first 9 months of 1963 and in 1962," prospectus stated: "Philco competes with certain of the largest corporations in the U. S. and its business is subject to changes in govt, policy, technology and other factors." Philco wouldn't elaborate.
P. R. Mallory & Xerox will form jointly owned firm to manufacture new type of microcircuit board Tvliich can be easily altered in size to fit specific applications. Company's name & management were not disclosed. Mallory & Xerox will share equally costs of launching new endeavor, expect new product to be commercially available in 6 months.