The booming television industry (see RADIO & TV) was hit last week by its first big wave of price cuts. U.S. Television Manufacturing Corp. lopped 13% to 22% off the prices of three bestselling models. Next day the industry buzzed with reports that RCA was about to bring out a set with a 16-inch metal viewing tube that would give twice as big a picture as the ten-inch tube used in most sets. Emerson and Stromberg-Carlson were expected to follow suit. The reported price for the RCA set: around $500, or $195 less...
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