The Daily Banner, Greencastle, Putnam County, 2 September 1964 — Page 7

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THE DAILY BANNER

GREENCASTLE, INDIANA

WEDNESDAY, SEPTEMBER 2, 1964 Page 7

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Discover for yourself how successfully you reach for results when you reach for your telephone and dial Oliver 3 5151 In almost every Home there are worthwhile items that aren't being used anymore. What to do with them can present quite a problem. Innumerable families throughout Putnam County have solved this situation in a practical and convenient manner by selling their extras via Quick-Action Want Ads.

Also... REAL ESTATE FOR RENT LOST & FOUND HELP WANTED POSITIONS WANTED BUSINESS SERVICES

The DAILY BANNER

Color T.V. Sales To Hit Billion

lion which has been estimated aj the figure which 1964 set

NEW YORK UPI —It was bound to happen sooner or later, but trade sources think' that 1964 will be the year when the color television hits the billion dollar annual sales mark. Electronic Age, quarterly publication of the Radio Corporation of America, says that about three fourths of the amount probably will spent by consumers for new color television sets. The other quarter billion will be in the area of serv- | ice, studio equipment, color program and commercial produc-

tion.

Helping the consumer portion of the market, in which all major set manufacturers now compete, were the price cuts announced earlier this year. About one set in seven in the present market is color, but setmakers are confident that the ratio is changing rapidly. Raymond W. Saxon, president of RCA sales corporation, has said that the ratio may reach one in four in 1965. Earlier this year, Joseph S. Wright, president of Zenith, forecast that eventually most family television sets will be color models, with a market running from 5 to 7 million sets a year in contrast to the 1 million to 1.3 mil-

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ning at an annual rate of about of last year that this would be $600 million; it was only $100 a billion-dollar year. He said

sales will ahow. million in 1960. that in consumer markets, "the About 750,000 sets were sold David Sarnoff. board chair- most vigorous single growth last year, industry sources said, man of the Radio Corporation product in 1964 will be color

In 1963, the industry was run- of America, predicted at the end television.”

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PUBLIC SERVICE

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INDIANA

So I told him, “Tom Edison, get thosesilly notions about electricity out of your head.” Can you imagine that boy saying someday there f d be .* '. machines to wash clothes, dry and iron them for fust two or three

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