The motion picture almanac (1931)

18 The MOTION PICTURE ALMANAC 1931 DATE OF INCORPORATION October 28, 1916, under the laws of England. NUMBER OF SHARES, COMMON 50,000 authorized, par value XI. 50,000 issued, par value XI. Warner Brothers Pictures, Inc. 32 J West 44th Street J^ew Tor\ City PRESIDENT H. M. Warner VICE-PRESIDENTS A. Warner J. L. Warner S. E. Morris H. Starr SECRETARY A. C. Thomas ASSISTANT SECRETARIES H. L. Bareford P. A. Chase F. K. Hessbee TREASURER a'-. Warner ASSISTANT TREASURER AND COMPTROLLER S. Carlisle AUDITOR T. I Martin ASSISTANT AUDITOR H. M. Doherty DIRECTORS Walter E. Sachs Richard F. Hoyt Albert Warner H. M. Warner Jack L. Warner A. C. Thomas Henry A. Rudkin Waddell Catchings Moe Mark Morris Wolf DATE OF INCORPORATION April 3, 1923, under the laws of Delaware. NUMBER OF AUTHORIZED SHARES. COMMON 7,500',000. Shares outstanding 3,769,000, no par value. NUMBER OF AUTHORIZED SHARES, PREFERRED 785,604. Shares outstanding 103,107, no par value. SUBSIDIARIES Vitagraph, Inc.; The Vitaphone Corporation: Warner Brothers Theatres. Inc.; First National Pictures, Inc.; DeSylva, Brown and Henderson, Inc.; Harms, Inc.; Remick Music Corporation; Brunswick Radio Corporation. 118,000 Stockholders The motion picture industry now belongs to not less than 118,000 stockholders as indicated by a survey of the lists of leading enterprises completed in May, 1931. Thirty-five years ago the industry belonged to one man. Increase in the number of stockholders has been specially marked in the last two years. Observers credit this increase to a number of influences; among them a considerable public recognition of the motion picture as among the more stable industries in a period when many classes of investment have been put to the test by the general business depression. The continuous gain in the lists of stockholders has taken a market upturn since the advent of the sound picture, which with its revolution of the technology and equipment of the art has required large amounts of new capital. Also along with this development another influence has appeared in the policy of some of the major units to make acquisitions of theatres and other properties leading to expansion in the lists through exchanges of stock. Thus, stockholders in five of the leading motion picture enterprises — RKO, Paramount, Warners, Fox and Eastman Kodak — increased from 49,258 in 1928 to 79,000 in 1929 and to the present total of approximately 112,000. Meanwhile, proportionate increases have taken place among less extensively capitalized companies, showing that public participation in the film industry has more than doubled in that short period. Most rapid growth in the number of stockholders of the major units is shown by RKO. From a total of 1,500 in 1928, the number rose to about 10,000 in March, 1930. and, as a result of exchange of stock and issuance of rights, now stands at ap RCA Organization Chart RADIO CORPORATION OF AMERICA Slock iNoUingi in wbyjitf «nd * RCA VICTOR COMPANY, INC iacarch, mfitMCrifij, «4#»u/»ctur« •nd Itlt ©/ r*dle Mb, phonojrtplH, ItWXch, rtdio-fjtono. RCA HADtOTRON COMPANY, INC l«*jftK, MgfMOfeft «*Auf#cturc «nd ulc NATIONAL BROADCASTING COMPANY. (NC BrotdcjiUng icrvicc Artim Burc«u C#d'0 nude publ.thing \ Sow«d •<< j »*d »*p-ooV»»j <qu UlmJ WWII lntulUl.o-1 ,M MMMI ol *<*, t>*Jt,«l *nd C(k«. pwbt-c pi*. ». c. a. iNsrirurts. inc. T,*>»in) of iiudfnb \v wort E. ?, CUNNINGHAM, INC S«'c of r«d>o tubci • ADIO HEAL tSTATt CCWPOHAIION ltd ciuu KoU .fi ~d <n»« proximately 21,000, a gain since 1928 of some 19,500 stockholders. Paramount has had a wide expansion in number of shareholders, as revealed by the latest annual report, which shows that at the end of 1930 these totaled almost 21,000. This compared with approximately 14,000 in 1929, 9,000 in 1928, 5,000 in 1927. 4,000 in 1926, 3,000 in 1925 and 2.000 in 1924. Again the sharp rise since 1928 is brought out, the number from that year to 1930 rising about 12.000, while the increase in the preceding four years was only 7,000. Stockholders in Warner Bros, rose from 10,000 in 1928 to 32,167 in 1931, while Fox, early in 1928, had 758, jumping to 2.342 in October of the same year. In December. 1929, Fox books revealed 6.590 holders, increasing to 9,000 in April, 1930, and to 10,000 on April 15, 1931. Eastman Kodak shareholders have shown a steady increase from 1923. At that time they amounted to about 10.000, from which the figure rose to 12.000 in 1924, 20.000 in 1925, 24.000 in 1926. 26.000 in 1927, 28,000 in 1928, 32,000 in 1929 and 34.000 in 1930. The last couple of years also have shown a steady increase in number of stockholders in smaller units, including Columbia. Consolidated Film, Technicolor and Trans-Lux, indicating the investment and speculative fraternity is not blind to the motion pic ture industry's demonstration of comparative stability in the current business depression and, despite temporary setbacks, its future possibilities as a result of the recent trend toward stronger financial management in the major film companies. FAMOUS PLAYERS-CANADIAN Annual statement of Famous PlayersCanadian Corp. shows gross operating income for the year ending August 30, of $4,268,893, almost $1,000,000 greater than last fiscal year, when $3,376,844 was earned. Surplus amounted to $3,217,681. or $200,000 greater than the previous year's balance, due to sound installations. Approximately $2,000,000 was available for dividends. RCA EARNINGS Earnings per share of Radio Corporation of America and subsidiaries for the first quarter of 1931 equaled those of the full year of 1930. with 2 cents a share for the period ended March 31. Net income for the three months was $1,566,519 after all charges such as depreciation, amortination and taxes, equal, after dividends on the "A" and "B" stocks, to 2 cents a share on the 1 3,160.750 shares of common outstanding. Net income for 1930 amounted to $5,526,293, which was equal to 2 cents a share after preferred dividend requirements. The company did not publish its first quarter earnings last year. The total gross earnings for the first 1931 quarter were $24,843,371 and the balance after all charges and dividends on A and B preferred was $263,647. The balance was carried to profit and loss surplus totaling $30,274,185 March 31 of this year, compared with $30,010,537 at the close of last year. Over $20,000,000 is invested in the German film industry, according to a February estimate. The total increased about 7Vi per cent in 1930.