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JAY L. SMITH = EDITOR AND PUBLISHER
VOL. 46, NO. 50
CANADIAN MOVING PICTURE
09 WITH grt FILM NEWS IN CANADA
Published by CANADIAN MOVING PICTURE DIGEST COMPANY LIMITED
RAY LEWIS FOUNDER 1915-1954
TORONTO, DECEMBER I1, 1954
Amusement Pages Have New Look
Industry-Dailies Co-op In Toronto Establishing Pattern For Country
J. H. Crang & Co., one of Can
ada’s_ leading stock brokerage firms, have prepared a prospectus for their clients in respect to Famous Players Canadian Corporation. There is so much information contained in this prospectus, not only referring to F-P, but to the Motion Picture Industry as a whole, that I felt it of value to reprint a good portion of the prospectus in this column. Whether you are a shareholder of F-P or not, you cannot help but be favorably impressed by what J. H. Crang & Co. has to say about Canada’s leading theatre circuit.
The prospectus opens with the information that there are 1,800,000 shares of common stock, no par value, authorized, with 1,737,072 shares issued. Of this latter figure, Paramount Pictures Corporation hold 51%. The price range of the stock is traced from 1949 to 1954. Hizh for 1949 was $16, with a low of $13.25. High for 1950 was $17.50, low $13.25. In 1951, the high was $18.25, the low, $15.50. In 1952, the range was $19.25 high, $12.50 low, while in 1953 it hit a high of $21.75, with a low of $18.
Up to November 26th, 1954, the high reached was $28.50, a spectacular rise over 1953. Low figure in 1954 was $18, while current price quoted as of last week was $27.75. Estimated earnings for 1954 are $2.20 per share; dividend declared for 1954, $1.60, giving a yield of $5.77.
Under the heading, OPINION, J. H. Crang & Co. have this to say about F-P stock: “We recommend the purchase of shares of Famous Players at the current price on the following grounds:
(i) The shares of Famous Players have not kept apace with representative issues of other semi
(Continued on Page 2)
SAS
The two Toronto afternoon dailies, have both taken on a new look in their amusement sections.
the Telegram and the Star, This
renewed co-operation can only lead to mutual benefits to all concerned.
Model Theatre At Movie Trade Show
The Altec model theatre, designed by the service organization to explain the workings of stereophonic sound, was a feature of the Canadian Motion Picture Trade
(Continued on Page 2)
The recent meeting of Industry Representatives with department heads of the Toronto Telegram last week to promote better relations between motion pictures and a newspaper was, perhaps, the most significant occasion that has ever taken place in our Industry. Other meetings are planned with the other two daily papers. Gath
(Continued on Page 6)
NFB Planning For Spring Move To New Montreal Headquarters
The National Film Board hopes to move into its new Montreal headquarters in the spring of 1956, the Government Film Commissioner, A. W. Trueman, announced in an address at the opening of the Asso
ciated Screen News Workshop.
First move of equipment and per
sonnel is scheduled for the fall (Continued on Page 3)
HARVEY HARNICK (See page 3)
There’s No Business Like Show Business
Darryl F. Zanuck’s presentation of Irving Berlin's .“There’s No Business Like Show Business” will debut in 275 U.S. and Canadian engagements during the Christmas and New Year holiday season in
(Continued on Page 3)
‘MARCH O OF DIMES. |
JANUARY 3-31
Help Fight Polio To A Standstill! |
A { : { } 5 4 3
New Column By Digest Spotlights Equipment
The developments over the lust two years in our industry, CinemuaScope, Stereophonic Sound, VistaVision, Perspecta Sound, Wide Screen, etc., has presented new problems to the staffs of our theatres. The Digest is therefore pleased to announce, starting with the New Year, a regular column, that we hope will answer many of the questions posed by these new de
(Continued on Page 3)
Jack Fitzgibbons Receives Award For Prize Winning Popcorn Entry
American Trade Association Executives, Washington, D.C,,
an in.
ternational trade association representing in excess of 1,400 trade orga
nization groups throughout the U.S. of Recognition upon International Popcorn Association during the recent convention. Samuel B. Shapiro, manager, Linen Supply Association of America, Chicago, and treasurer of ATAE, presented the framed award to IPA Chairman J. J. Fitzgibbons, Jr., at the opening luncheon.
The honor was presented based
(Continued on Page 7)
-RKO'S “HANSEL AND GRETEL" OPENING XMAS WEEK IN6 TORONTO, _ 2 EDMONTON, 2 MONTREAL AND 3 WINNIPEG ‘THEATRES.
and Canada, conterred a Certificate
Theatre Poster Get Romar-Vide Agency
Theatre Poster Service has just been appointed exclusive agent in Canada for the Romar-Vide Company of Chetek, Wisconsin.
Romar-Vide manutlactures the theatre plastic date strips in varied
(Continued en Page 7)