Boxoffice (Jul 7, 1951)

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COMPO Roundtable Set !1the Newsreels In Hollywood July 23 HOLLYWOOD—Designed to explore subjects and problems of mutual interest, two industry segments—production and exhibition—will face each other across the conference tables when the Committee of Motion Picture Organizations stages its four-day round-table sessions at the Beverly Hills hotel here beginning Monday (23) and continuing through Thursday (26). Acting in a liaison capacity, the Motion Picture Industry Council has appointed an arrangements committee to select speakers representing the production branch of the trade. Discussions are expected to embrace a variety of diversified topics ‘including waning domestic grosses, changing audience tastes, competition offered by television and other amusements, and general economic trends, Acting as part of the MPIC committee are Y. Frank Freeman, chairman, representing the Ass'n of Motion Picture Producers; Marvin Farris, deputy chairman, Society of Independent Motion Picture Producers; Steve Broidy, Independent Motion Picture Producers Ass’n; Jesse L. Lasky, Screen Producers Guild; Ronald Reagan, Screen Actors Guild; Mark Robson, Screen Directors Guild; Edmund Hartman, Screen Writers Guild; William Ferrari, Society of Motion Picture Art Directors; John Lehners, Hollywood AFL Film Council; Jack Gertsman, Unit Production Managers Guild; and B. B. Kahane and Allen Rivkin. Yet to be named is an Artists Managers Guild representative on the committee. Ned E. Depinet, COMPO president, and Arthur Mayer, executive vice-president, will be on hand for the affair, as will exhibito leaders representing key U.S. cities. . Expect U.S. to Go Along On UK Subsidy Plan NEW YORK—Final details of the strategy to be pursued by John G. McCarthy as representative of the Motion Picture Export Ass’n when negotiations for a revision of the AngloAmerican film agreement start next week in London were discussed Thursday (5) at a meeting of the export association board. The London sessions were delayed from July 7 to July 13 due to illness of Sir Hartley Shawcross, McCarthy has flown to London to start the talks and he will be joined by Joyce O’Hara, vice-president of the MPAA and acting head in the absence of Eric Johnston, about July 13. No details were given out on the meeting of the board Thursday, although it is expected the United States distributors will zo along with the so-called Eady plan for subsidizing British production in return for full freedom of export for accumulated American funds. The Eady plan is a move to raise admissions in Great Britain’s theatres, with the increase divided between exhibitors, British producers and taxation. British distributors and exhibitors have already agreed to the plan. 18 Loew's 12-Week Net In Gain Over 50 New York—Net income of Loew’s Inc., for the 12 weeks ending June 7 was $1,341,754, equivalent to 26 cents per share, compared with $1,032,478, or 20 cents per share in the corresponding period of last year. The net for the 40 weeks ending on the same date was below the same 40 weeks last year, however. The 40-week stretch ending June 7, 1951, produced a net of $5,567,619, or $1.08 per share, compared with $6,019,441, or $1.17 per share for the same 40 weeks last year. Gross sales and operating revenues for the 12 weeks ending June 7 are estimated at $38,933,000, compared with $39,389,000 a year earlier. For the 40 weeks ending June 7 the gross sales and operating revenues were $132,883,000, compared with $135,007,000 a year earlier. Theatres Undamaged In Kan.-Mo. Floods KANSAS CITY—Fortunate theatremen in Kansas and Missouri were watching flood waters recede throughout the states this week and counting their blessings at getting through June without too much water damage and without too much injury to business. Manhattan, Kas., worst-hit city in the two state area, had water over a 50-block area, but the three downtown theatres escaped with only minor damage. The basements of Theatre Enterprises’ State and Commonwealth’s Wareham had water damage inflicted when storm sewers backed up. Damage was minor at the State, but at the Wareham carpeting in the lounges was damaged. Dave Dallas, city manager for Theatre Enterprises, at Manhattan, said that none of his theatres, including the Skyview Drive-In, missed a single performance, although, he added, he was “mighty afraid” that film deliveries would be held up. He said he still didn’t know how the film trucks got through to Manhattan. He said that flood water from the Kaw and Blue rivers came up to within half a block of the State Theatre and was about the same distance from the opposition’s Wareham. TEI operates the Campus and Carlton at Manhattan in addition to the State and the drive-in. Dallas said that rain water drained off of the Skyview ramps and that the theatre operated throughout the flood and storms. Attendance was about normal at most of the theatres, despite the weather. Fred Souttar, district manager for Fox Midwest, sald that he still had gotten no reports of storm damage to any of that chain’s many Kansas theatres. ars of Movietone News, No. 53: Celebrate 175 years of independence; starving Chinese get Formosa nee walking tower fete in Italy; woman refugee, F flies to U.S.; contest for most beautiful legs; near riot marks Robinson boxing bout in Berlin. Nows of tho Day, No. 287: First pictures of aid for guerrillas in Red China; Ridgway hails achievements of UN; governor's daughter honored; unique leg show; Sugar Ray in Berlin. Paramount Nows, No. 90: French speed classic; senate probes drug addiction among youth; oldest DP arrives; summer heat turns Paris to summer hats; riot in Berlin marks Robinson bout. Univorsal Nows, No. 469: General Ridgway talk; Eric Johnston speech on brotherhood; human targel; house built in a jiffy; underwater pipeline; Robinson fight in Germany. Wamor Patho Nows, No. 92: Ridgway warns Reds on Korea anniversary; Burbank—stars olf to entertain Gls in Korea; France—24-hour auto race. r) Movietono Nows, No. 54: World stirred by cease ‘fire move in Korea; top U.S. Reds go to jail; New Mexico forest fire; birth of new H bomb plant; Miss Truman visits Rome; tennis upset at imbledon; Bob Feller sets baseball record. Nows of tho Day, No. 288: Hopes for peace run high in Korea; Margaret Truman sightseeing in Rome; Communist leaders start for prison; home is the sailor; Japanese derby; rough stuff on wheels. Paramount Nows, No. 91: Top U.S. Reds begin prison sentences; Roman holiday ends Margaret's tour; billiards—take your cue from an expert; cat and rat experiment proves that they can cooperate; work speeded on South Carolina hydrogen plant; cease-fire talk looms in Korea. Univorsal Nows, No. 470: World waits tensely for Korea truce; school for survival opened; news in brief—air crash, forest fire, ‘‘Prince’’ opening, Austrian president’s inauguration; sports—sand planing, hell drivers. Warnor Patho Nows, No. 93: Oil crisis in Iran nears explosion; New Mexico—fires ravage southwest: forest; New York—convicted U.S. Red leaders go to jail; 60 die in Colorado air crash; Margaret Truman visits Rome; New York—Dewey leaves on Far East study tour; Coventry—Lady Godiva rides again; Korea—year-old war draws near truce. Telenows Digest, No. 26B: Washington—narcotics hearing; news briefs—Moscow, Iran, Paris, Korea, England, Italy; Bethesda—Truman asks health plan; photo finish horse race. Telenews Digest, No. 27A: Peace talks; United Nations—diplomatic maneuvers; Korea—foes jockey for position; Washington—Lovett warns of letdown: disasters in the air—Colorado, New Jersey; Germany—Red youth banned; India—food for starving; Austria—new therapy for convalescents; Australia— wooly wonders. March of Time to Stop Series for Theatre Use NEW YORK—March of Time will end the monthly production of the series of that name for theatre use next fall and will devote most of its facilities to television thereafter, states Roy E. Larsen, president of Time, Inc. Three more issues are scheduled—“Morocco,” “Iran” and “Formosa.” Release of these will complete the 16th year of the series which began in 1935, with Richard DeRochemont as co-founder. Since 1942 the films have been distributed by 20th Century-Fox. In the 16-year period the films have won two Oscars and many other awards. Since 1943 the series has been under the direction of Louis DeRochemont. Larsen said rising costs forced the move, in spite of increased sales Production and distribution of special theatre films like “The Golden Twenties” and the feature, “Modern Arms and Free Men’’ will be continued as will Production of documentary films for commercial Sponsors In addition to the “Crusade in Europe” Series the unit is now producing “Crusade in the Pacific” and other films are planned BOXOFFICE :: July 7, 1951 u as)