Gernsback was quickly able to raise capital for a new publishing company. The June issue of "Science Wonder Stories" was on the newsstand on May 3, 1929. This was one of two magazines Gernsback created to compete with "Amazing Stories"; his "Air Wonder Stories" appeared six weeks later. They were merged into "Wonder Stories" after a year. The July issues of "Radio Craft" appeared on the newsstand on June 5, 1929, three months after Gernsback lost "Radio News". There was a new "Everyday Science and Mechanics" to compete with "Science and Invention".