New York Clipper (Apr 1923)

6 THE NEW YORK CLIPPER April 11, 1923 AMUSEMENT STOCKS STIU QUIET WITH PRI CE DROP IN NEARLY ALL Loew Report ^ows Operating Ptofit Over Last Year—rFamous Player* Gains a Point on Wedc—Orpheum Sets New Low for Year But Picks Up Tfae market for the amusement securi- ties last week contiiioed to be considerably off.' Tnie, two of the issues showed a gain, but these were around low marlg, so that the gain was nrther apparent tfaaa real and dtte ostensiUy- to short coverui^ on Satur- day. AU of the stocks are depressed with O i'pli e tmi flirting with new low levels. This issne marked a new low for the year last week, when it readied I7yi, bnt, in sirite of this, it showed a gain for the wedc The financial market in general cootinoes heavy, in spite of the report of the return to pros- penty, and Secretary Melton's advocacy of a 25 per cent reductiob in the surtax. This Senerial market condition is undoubteiUy re- ected in the amusement securities. Trad- . mg in all the issues seems to be in the hands of the professionals, wdo are marking time awaiting the Spring rise. The bears are in power and are sta^^ng almost daily raids in order to meH their ends, but inside pools in the amusement issues in most in- stances start operations when their pets reach a certain point, which, with the shorts covering, prevents any marked slide. Famous Players showed a gain of one point for tbe week. The regular quarterly dividend of $2 a share on the preferred iitock will be paid on May 1 to stockholders of record on April 16, ami this possibly bad some effect on the common. Famous opened the wedc at 8Byi and at one time went as low as 85^, which is dangerously near its k>w for the year. It did not stay at this point long, however. Professional traders and interested parties promptly bol- stered up the issne, ^id investors, taking advantage of the low in order to get' a greater yield, sent the price back to 89^, near its normal point During the week 20,300 shares changed hands. On Monday of this' week tfae stock moved downward to 8S^, showing a loss of three-fourths of a inint for the day. One thousand and eight hundred shares -were sold on that day. Goklwyn did a few flipflaps during the wedc This issue was recently at a new high for the year, following the announce- TDcnt of the Cosmopolitan deal, but when the profit and loss account was published last week it showed a deficit and a decline was predicted. This set in last week and the stock closed on Saturday at 5^, or H off for the week, with 7,000 shares traded. On Monday of Ais week,' insiders, taking advantage of the low price and impressed with what they consider tfae brigfat future of the issue, ran the price up to 6yi, buyii^ 5,700 shares, a fair day's trading for this issue. This is a gain of three-fourths of a point iLoew's was another issue to show a de- cline for the week, at one time going as low as 19 and closing at \9'A or 'A off from its opening on Monday. During the week 6,- 600 shares were sold. On Monday of this week only one transaction was registered and that at 19Mi. H off from its Satnrda/s closmg. This transaction showed one small block of 100 shares, which means that noth- ing of interest is stirring in this security, this indifference accounting for the decline. Orpheum, misbehaving in great style, set . a new low for the year, but, nevertheless, showed a' gain of 1^ points for the wedc. The issue opened at 18^ and declined to 17^, the new low, rallying there and mov- ing majestically back and up to 19^, clos- ing at 19H. with 7,100 shares traded. Strangely enough, no transactions were registered in this issue on Monday. On Tuesday morning, Loew's reported a net operating profit from its own and sub- sidiary companies from September 1 to March 11 of $1,556,554, compared with $1,149501 in the corresponding period a year ago. This will undoubtedly effect the price of this security during the rest of the week. MOSCOW PLAYERS CLOSE MAY 19 The Moscow Art Theatre Company will conclude their tour of America in Boston on May 19. On May 23 the entire com- pany will San from that port for England to return to Russia. The Oiauve Soaris company which will conclude a run of fifteen months at tfae Century Roof Theatre on April- 28, are scheduled to sail for Paris early in May. They will appear there during the summer montibs and return to America early in October, when they will begin a tour of the United States, opening in Boston and playing all of the larger cities to the Pa- cific Coast $273,000 m GUILD DRIVE Reports of the forty-one captains head- ing an equal number of team selling bonds in the Theatre Guild's drive for funds for a new theatre, indicated that their bond sales reached a total of $273,000 for the period ending last week. Otto H. Kahn, one of the Guild's execu- tn-e comittee declared that the purchase of bonds for tfae Theatre Guild's new home was not a risk but a safe investment America has all of the raw materials for the development of artists he said, and the Guild plays an important part in their de- velopment. ALL GIRL SHOW FOR CAPITOL Chicago, April 7.—An all-girl show will be held at the Capitol Theatre, Jackson. Midb., Stmday, Monday, Tuesday and Wednesday, April & 9. 10 and 11, which is headed by Ethel Gilmore and her danc- ing ballet, and indudes Ada Weber, "Aris- tocrat of Syncopation": Winifrede & Lu- cille, Cherie and the Four Ushers, who are playing a return date at that theatre. "MARELU" OPENS ON APRIL 23 Emma Dunn will appear in "Marclli" a comedy drama by Ann Nichols under the management of Miss Nicholas next season. The play will have a tryout April 23rd by the Henry Duffy players at the Academy of Music, Baltimore with Miss Dunn ap- pearing in the title role. The regular pro- duction for a New York engagement will be made in August Miss Dunn appi-arcd in "Her Happiness," a comedy drama pro- duced by George M. Gatts, this season which failed to come into New York for a presentation. PRESS AGENT NOTICES BARRED Press agent notices and matter are no longer to be printed in the New York American or Evening Journal. In the fu- ture all matters pertaining to the theatre are to be liandled by feature writers of the newspapers and to be written by them. Press agents will be privileged to submit ideas for stories, but they will only be writ- ten by the staffs of the two papers. CASTING CARRILO SHOW "Kunnel Blake" is the title which -Alex E. Aarons has selected for the comedy drama which Booth Tarkington has written as a slarrinjr vehicle -for I.eo Carrilo. The show will ro into rehearsal early next week with Malcomb William? and Elizabeth Paterson already engngrd to appear in support of Carrilo. BELASCO BACK IN LAMBS David Belasco. who gave no his mem- bership of more than twenty-five years in the Lamb's Oub. during the actors' strike of 1919. resumed his membership in the organization as a result of the request of the majority of the members of the club. BOSTOtf SHOWS DO BUT UTTLE Boston, April 9.—The theatrical map re- mains unchanged for the current week. The running attractions have not recovered from the Lenten depression, even last week showing no material tiltling !n the takings. Several shows will wind up their runs at the end of the week and proceed to fields anew. "The Greenwich Village Follies," which has been doing the banner business here for the past three weeks, will wind up its limited engagement at the Shubert on Sat- urday night, to be followed in by Al Jolson in "Bombo." "The Merry Widow" will vacate the Colonial at the end of the week in order to give the Bostonians their initial glimpse of Mitzi in her new musical play, "Minnie and Me." "Shuffle Along" will also depart from the Arlington this week, with nothing billed to go in. A booking may be arranged for the house during the week. '*Just Married," which has had quite a successful run, will depart from the Ply- mouth in two weeks. "The Fool" is getting a stroiig plajr of patronage at the Selwyn, while "Lightnin'" continues to hypnotize the dollars into the box office at the HoUis.- "Six Cylinder Love" remains at the Tremont indefinitely. THE CHANGELINGS' OPENS APR. 16 "The Changelings," by Lee Wilson Dodd, will be produced by Henry Miller in Philadelphia on April 16. After play- ing a short engagement there it will open during the Summer at the Columbia The- atre in San Francisco as the first of a scries of plays which Mr. .Miller will pro- duce there. Supporting Mr. Miller will be Blanche Bates, Ruth Chatterton. Laura Hope Crews, John Miltcm, Felix Krcmbs, Geoffrey Kerr and Elmer Brown. DAVIS PLAY FOR GRACE GEORGE William A. Brady completed negotiations last week to have Owen Davis write a play for Grace George to star in next season. Miss George appeared this season in "To Love," which played at the Bijou Theatre and then went to the Playhouse, Chicago, for a short period and closed. Miss George is still sojourning in Palm Beach where she went after the closing of "To Love" in Chicago. THE VAMP & THE PERFECT FOOL Directioii AL STRIKER now playins the Keith Time JACK CONROY MARY BAKER IN Fourteen rounds of action an4 laughter with a knock-out at tfae finish. Aadiencen declare us the winner and 7ell for more punishment. HILL TO HAVE 16 SHOWS Gus Hill next season will send sixteen attractions on tour over the one-night and week stands, which will be the largest num- ber of attractions that this producer has sent on tour in one season. Early in July rehearsals will begin for ten of the shows, which will go on tour during August and early in September. In September six more shows will begin rehearsal and will go on tour early in October. The first of the shows to be sent out will be four "Bringing Up Father" com- panies, which will open during August. Then three "Mutt and Jeff" and three "Katzenjammer Kid" companies will be readied to go out early in September. The October contingent of attractions will in- clude two "Boob McNutt" companies, two "Abie the Agent" companies and two "Keeping Up with the Joneses" companies. FRIARS' FKOUC A CLEVER SHOW The Friars' Spring Frolic given in the clubhouse on Sunday night under the di- rection of Leo Stark was a bi^ and clever show keenly enjoyed by a big crowd of Friars and their friends that crowded the bighall. Tfae show, in the nature of a vaudeville bill, with four well-written and excellently played sketches, four single entertainers, George M. Cohan and Willie Collier in their "Together .^gain" bit, the Muskow- itcfa Quartette, Juan De La Cruz, bari- tone, Lionel Atwill, who did a scene from "Dcbarau," his play of last jfcar, and Syd- ney Jarvis, who sang the Friars song with all the bigness and clarity of voice he dis- played in the old days of the "Frolics." Cohan was a hit of great proportions, and sang and danced with style, enthusiasm and evident pleasure. ZETTERION THEATER OPENS New Bedford, Mass., April' 9.—The Zei- terion Theatre, a new vaudeville and mo- tion-picture theatre, seating 2,700, owned and operated by Henry Zeitz, opened itst doors last week. The opening attraction was George Jcssel's "Troubles of 1922," who played the entire week. At the con- clusion of their engagement here the com- pany closed their tour of thirty-three weeks which began on the Shubert Unit Vaude- ville Circuit last September. Jessel and the Courtney Sisters intend playing vaudeville dates during the summer. SHEA'S "CHIVALRY" DELAYED Jos. E. Shea is encountering numerous <liniculties in preparing '"Chivalry," a play bj- William J. Hurlbut and starrine Irene Fcnwick, in rehearsal due to the fact he has no leading man to play opposite the star. Arthur Byron was scheduled to play the role, but at the last minute word was received that he had another engagement ••Chivalry" is slated to open in Atlantic City on May 7. "THUMBS DOWN" REOPENING Charles Wanamaker, the Philadelphia theatre manager who recently produced "Thumbs Down" a play by Myron Fagan for a tryout has closed the company and will begin recasting it shortly for a Sum- mer engagement at the Chestnut Street Opera House. Philadelphia. Sue Mc- Manany has been engaged for the prin- cipal role. NEW HAMMERSTEIN SHOW .Arthur Hammerstein will place "Lily, of the Valley," a musical play by William Carey Duncan, in rehearsal on July 26. and open the play in New York at the Casino Theatre early in September. Hal Skelly will_ be featured in the production with the ingenue role being played by Lorraine Manville.' Dave Bennett will arrange the dance and ensemble numbers. GERTRUDE HOFFMAN AT MARIGOLD Chicago, Aprn ^.—Ernie Young has en- gaged Gertrude Hoffman and her entire company lor the Marigold's Gardens be- cinning tonight. An added attraction will be De Haven and Nice in their vaudeville offering, plus some new comedy numbers put on for ,the occasion.