Business & Finance: Radio vs. Phonograph

The effect of a new popularized invention upon parallel products can never be forecast exactly. Sometimes competitors are driven out of business, sometimes greatly stimulated.

Unquestionably, the phonograph manufacturers have been somewhat uneasy in watching the huge forward strides made by the apparently competing radio industry. Yet, judging from the experience of the Victor Machine Co. at least, the radio seems to be a friend rather than a foe. Victor's Camden (N. J.) plants are working at capacity to turn out enough machines and records to satisfy the demand. The Premier Graphophone Company's...

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