The Film Daily (1930)

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z^E^ DAILY Wednesday, January 15, 193 ViL II No. 12 Wednesday, January 15, 1930 Price 5 Cents JOHN W. AllCOATE Editor and Publislier Published daily except Saturday and holidays at 1650 Broadway, New York, N. Y., and copyright (1930) by Wid's Films and Film Folks, Inc. J. W. Alicoate, President. Editor and Publisher; Donald M. Mersereau Secretary-Treasurer and General Manager; Arthur W. Eddy, Managing Editor. Entered as second class matter, May 21, 1918, at the post-office at New York, N. Y., under the act of March 3, 1879. Terms (Postage free) United States outside of Greater New York $10.00 one year; 6 months. $5.00; i months, $3.00. Foreign, $15.00. Subscribers should remit with order Address all com munications to THE FILM DAILY, 1650 Broadway, New York, N. Y Phone Circle 4736-4737-4738-4739. Cable address: Filmday New York. Hollywood, California — Ralph Wilk 6425 Hollywood Blvd. Phone Granite 6607. London— Ernest W. Fredman, The Film Renter. 89-91 Wardour St , W. I Berlin— Karl WolflFsohn, Lichtbildbuehne, Friedrichstrasse, 225. Paris-P. A. Harle La Cinematograph le Francaise, Rue de la Cour-des-Noues, 19. NEW YORK STOCK MARKET High Low Close Sales Am Seat 22 J4 22/8 22H 300 Co" Fm. Iiid 17/8 17 ^ 17 800 Con. Fm. Ind. pfd. 197^ 19/ 197/8 700 ;^%m*'°'"i":::: im im IVl 38:300 •Keith A-O 21 il°ew''6"'lnc: ■■.■.■.■.". 49/ ASH AS% l',76o •do pfd. WW (6/) 86 •do pfd. xw (6>4) 86 .... •M-Ci-M pfd 23}4 Para FL 52^^ 51/ 52!^ 3,500 Pathe Exch 3/ 3 3 1,100 do "A" 6% 6/ 6/ 100 R-K-O ^ 25 23 23Vi 50,200 •Univ. Pict. pfd 30 „ •••■ Warner Bros 44^ 435^ 44'A 25,000 do pfd 39/ 39/ 39/ 200 NEW YORK CURB MARKET •Bal. & Katz 65 Columbia Pets. .. 26M 25/ 26?i 1,000 Fox Thea. "A"... 5M 5/ S'A 4,500 •Intern. Proj 25 .... Loew do deb rts.. 14 14 14 300 Loew's, Inc., war. 3/ 3/ 3/ 100 •Nat. Scr. Ser 15^ •Nat. Thea. Sup 27/ .... •Univ. Pict 9/ .... NEW YORK BOND MARKET Keith AG 6s 46.. 75'/^ 75^ 75^^ 10 Loew 6s 41ww...l01f^ 101^^ 101^ 10 do 6s 41 x-war... 93/ 93 93/ 80 Paramount 6s 47. 99 98^ 98^ 10 Par. By. 5/s51..101 101 101 10 •Pathe 7s37 45 •LAST PRICE QUOTED •.•*♦•••♦*•♦•♦»*•••♦••••*•♦*«♦••♦*•♦••♦>♦•#♦•♦•♦••♦♦♦♦♦♦•♦•♦**•»,♦ New York 1540 Broadway BRYant 4712 Long Island City }*{ 154 Crescent St. ft STIllwell 7940 ft y Eastman Films i J. E. Brulatour, Inc. H '' ft J.: ft Chicago Hollywood tV 1727 Indiana Ave. "O" Sam^a^Monica ft CAIumet 2691 HOUywood 4121 ;^ P-F-l HAS ABOUT 65 FEATURESJN 1930 LIST (.Continued from Page 1) according to the company's Coast general manager of. production. The feature lineup, which is understood to be tentative as yet, will total about the same as that for the 1929 production schedule. Total number of shorts is substantially decreased compared with the past year. About, 10 of the features will be prpduced at the Long Island studio. at which all shorts will be made, says the statement. The remaining 55 features will be made at the Coast. FIGURE TECHNICOLOR NET AT $1,000^0 FOR 1929 (Continued from Payc 1) first to be made public by the company, no figures of previous year'.' earnings are available for comparison. For the quarter ended March 31, 1929, net income of the compan.\ amounted to $101,790 after charges, etc. MAY BE BUILT BY U. A. (Continued from Pane 1) Joseph M. Schenck told THE FILM DAILY last night as he arrived from abroad with Samuel Goldwyn and William Phillips, banker and a director of the United Artists Theater Circuit. LInited Artists at present has seven pictures waiting for a London showing, with no houses available, he said. Another reason for United Artists deciding to build theaters of its own i^ the fact that picture houses of the modern type like those in America are not to be found in the English districts. The new United Artists house already announced for London will not be ready for 18 months. This theater, seating 4,000, will play nictures exclusively, without presentations, at a top of approximately $1.25. WESHRN ELECTRIC LOSES APPEAL AGAINST PACENT An appeal by the A. T. & T., Western Electric talking picture interests against Pacent Reproducer Corp. and Pacent Electric Co., Inc., from dismissal of the infringement suit brought by the telephone group against Pacent companies, was dismissed in the U. S. Circuit Court of .\ppeals for the Second Circuit. G. C. Pratt, head of Western Electric's legal department issued the following statement on the outcome of the decision: "The dismissal by the Appeal Court was on formal matter only and the appeal may be renewed. In any event it can be stated that we shall continue the prosecution of this suit until it can be brought before the court and a decision rendered upon the merits of the patents involved." Louis G. Pacent, President of the Pacent Companies, commenting on the decision of the Court and the statement of G. C. Pratt representing A. T. & T., Western Electric in part said: "The result of the appeal is in line with the decisions by the lower courts in this litigation in the past. The merits of the patents are still undecided, although this is no fault of ours. "We are more anxious than the telephone group to have a speedy determination upon the merits. We are fully prepared for such a determination and are as confident of the result of any trial of the issue of infringement as we have always been of the favorable decisions which have l)een uniformly ours in the whole history of this litigation. We do not infringe any valid rights of the telephone company. We have stated so from the beginning and as time goes on our statement becomes more emphatic and should be accepted in view of our successful conduct of the litigation in its technical aspects thus far, as the real truth of tlje situation." Publix Attendance Up to 15 Million Weekly (Continued from Page 1) company produced in this country, about 75 per cent is received from theaters owned or controlled by Paramount Schulberg said. Let Us Solve Your Prohlems I Over 20 Years of Experience Qualifies Us as Specialists in MOTION PICTURE INSURANCE Stebbins, Leterman & Gates INCORPORATED 1540 B'WAY N.Y.C. telephone bryant 3040 The Industry's Date Book Today: Warner Coast studio to resume ac tivity. M. P. Projectionists Local No. SO celebrate 16th anniversary at Attto Hotel, N. Y. Premiere of "The Locked Door at the Rivoli. Jan. 20 Opening of "Across the Worli With Mr. and Mrs. Martin John son" at the Cohan, N. Y. Fourth annual frolic of Fox Athleti. Club, Hotel Commodore. Ne« York City. Meeting of non-theatrical producer! at Washington, D. C. Paramount Pep Club annual ball i the Astor, New York. Feb. 19 Annual Benefit Show of Catholic M. P. Guild at Los Angeles. Mar. S First Day of Lent. June 2-7 International Cinema CongrcM at Brussels. Jan. 18 Jan. 25 Feb. Feb. 7 Hoyt Production Head for Equitable Pictures i Harry O. Hoyt has just been selected by George W. Stout, president of the Equitable Pictures, as production manager. Hoyt is in Hollywood now, working on plans for Equitable's production schedule, due to get under way within a few weeks. New W. F. Weekly Record All weekly records for the installation of Western Electric sound systems were shattered when 146 installations were completed the week endmg Dec. 28, according to C. W, Bunn, general sales manager of Electrical Research. It tops the previous record of 114 installations during the week of Sept. 21, 1929, an average of one every 87 minutes. AD-VANCE-AD "We have been using your trailers for only two months, but wrish to state that they are satisfactory in every respect and will continue to use the service." — Palace Theater Broxvn Point, Ind. WE NEVER DISAPPOINT" CIPMH INCORPORATED > 220 WEST 42^-° STREET NEW YORK Phone: WIScontin 6876 ALLAN A.LOWNES. CEN.MCR.