The Film Daily (1934)

THE Monday, June 18,1934 15 RKO CONFAB RUMORS II II CHICAGO— Colonel Jules Levy received a wire from his pal, the Governor of Kentucky, but modest Jules handed it to Mike Poller for he reference file. Warren Lewis and Jack Joseph took the boys to the Loop last night for entertainment and are those juys popular. Bob Sisk and Barret McCormick lad the campaign books under lock md key and special protection but )ur grape-vine telegraph tells us hey're something to look for on Tuesday p. m. Eddie McEvoy and Cress Smith ield a private conference to prepare, idopt and discard a code of ethics ind whatnot for sales contests so hat they would be positively unfair o all participants. Just a case of Vast vs. West! r According to the boys who took n the World's Fair Sunday a. m. ind p. m. it's right fair entertainnent, especially Frank Buck's Wild Cargo" of man-eaters. Stan Jacques of Cincy dared Al VLertz, shorts sales manager, to step nto the convention hall today attired xclusively in shorts as exploitation or his product. Will the boys watch or Mertz today! Bob Wolff, New York's debonair ranch manager, denied that he gave )isney the idea for "The Big Bad Wolf" In fact, Bob said the Van Jeuren cartoons were the only caroons in the market. Right loyal, ay we! Lyons of Atlanta and Lions of the 'oreign department got together to ruake Frank Buck a proposition for \n added tea/in attraction to his Fair ihow of Jungle denizens. ^ive Broadway Players For RKO New Year List Five Broadway players have been igned by RKO Radio for its 19345 program. They are Fred Astaire, inder contract for two pictures; ^iolet Kemble-Cooper, who will apear in "The Fountain"; Thelma Vhite, slated for two pictures, and Jarbara Robbins and John Beal, /ho have featured roles in "Hat, loat and Glove," now in work on he Radio lot. • • • WITH THE opening day of the RKO-Radio annual convention .. . ..we are reminded of the Arabian Nights development of this organizashe founded a few short years ago 1929 after a series of mergers, consolidations and conferences conducted by representatives of General Electric, Radio Corp. of America, Westinghouse, Victor Talking Machine Co., National Broadcasting Co. and Radio-Keith-Orpheum Theaters and the wise guys called these gents Visionaries when they organized RKO Radio Pictures and said they were "throwing their dough away" and lookit! what has happened in five short years ! T T T • • • ON THE lot that 20 years ago was a hog wallow and six years ago houred some board structures of the old FBO Company now employs 2,500 workers in the RKO Radio studios with 42 contract players, 16 directors and other scores of special experts in one year's time the mud flats had been metamorphosed into a Major Studio that today supplies a sizable slice of the industry's major product T T ▼ • • • TODAY THE plant's physical equipment is valued at $13,000,000... under the successive leadership of William Le Baron, David O. Selznick, Merian Cooper and Pandro S. Berman the studio has increased its prestige with these short intervening years and garnered more than its share of acclaim and Academy awards. so as the boys go into convention assembled today they can feel that in these magical five years they have scored a unique triumph in putting a Major Studio on the map in a Big Way.. PARAMOUNT MEET NOTES T OS ANGELES— Hugh Braly, district manager in Denver, spent the last few hours before train time making the last round-up collecting a few stray poker debts. Wouldn't admit he'd collected any money but he just made the rattler. The St. Louis boys assigned Ralph LiBeau as chaperon to Maurice Schweitzer during the time in Hollywood, so that he might be returned to them safe and sound. But it seems the effort was all a waste of time. On arriving in Hollywood the boys had to wire back with tears in their eyes that Sylvia was vacationing in New York. I New Policy at Proctor's Newark Starting today, RKO Proctor's | Newark will drop vaudeville and go I' nto a straight picture policy showi ng double features with a twice[veekly change. More Space for Liberty i Liberty Pictures Corp. has moved I o enlarged quarters on the 19th loor of 1776 Broadway. Para. Cash Position Is Greatly Improved (Continued from Page 1) and adjusting outstanding claims. The trustees recommend that no dividend be paid at this time. Paramount had $3,226,836 in bank Vne week of June 9 last, compared to $2,074,480 on Sept. 29, 1933, the report states. Receipts over that period were $2,244,747 and disbursements $1,092,391. The proposed plan for reorganization of the Paramount Theater Building bonds, substantially approved by the bondholders, provides for exchange of existing 5y2 per cent bonds maturing Jan. 1, 1931, for new 20 year bonds. New bonds to be divided into a first period lasting until half the bonds are retired and a second period lasting from such date to the date of the maturity of the bonds. During the first period bonds are to bear a fixed interest at rate of 3 per cent per annum, any income on the property over and above such fixed interest, operating expenses and taxes will be devoted to a sinking fund up to the amount of $200,000 yearly, and any excess to be paid as additional interest up to an additional 2 J4 per cent yearly. During the second period holders of bonds are to receive fixed interest at 514 per cent and any income in excess of such figure, together with operating expenses and taxes, is to be applied to a sinking fund. Upon consummation of the plan, the claim of $178,543,653 _ filed by Paramount Broadway bondholders is to be withdrawn if one year from the summation of the plan an instrument guaranteeing payment of 3 per cent interest and $100,000 annually on account of sinking fund is delivered. The report states that negotiations^ are now pending with Eastern Service Studios for a lease of the Paramount Astoria studios and that negotiations for a readjustment of the $2,900,000 bond issue on the West Coast studio and Paramount Theater Bldg. have not been successful. Order Detroit Houses To Raise Admissions (Continued from Page 1) plaint of Arthur E. Koch of the Fredro. The Perrien, according to complaint, was charging five cent children's admissions, and was ordered to increase to 10 cents, as provided in film contracts. The same clause was invoked against four exchanges. Paramount, Warner Bros.First National, Fox. and M-G-M in a complaint brought by Julius D. London, ordering the exchanges to enforce the minimum admission prices in the case of the Roosevelt and the Arcadia, both Detroit houses. Portland's Frank Clark, the optimistic gentleman from Rosaria, brought his golf clubs along. But when he saw the convention program he shook his head sorrowfully. Golf wasn't on the schedule any place. Ed Ruff and his Ruffians from Maine arrives in Hollywood with a flock of neckwear that will make Gary Cooper go green with envy if he lamps it. If he doesn't lamp it, he'll hear it in the distance anyhow. Skirboll Gets Franchise World Wide Pictures has allotted its franchise to Joseph Skirboll of Majestic Pictures, Pittsburgh, for western Pennsylvania and West Virginia. Carl P. York, coming all the way from Sweden for the convention, brought along the consolation prize he won on the Drottingholm for deck deck tennis. He was the worst of ten bad players on the ship. Someone asked John Day on ths train to what he attributed his increase in weight during his long sojourn in Brazil. John aswered "Nuts." "Clayt" Eastman arrives at the convention with a sprained ankle. Won't tell how he got it. Local scouts are querying Albany by wire to find out the cause. Arch Selwyn Bankrupt Arch Selwyn, who with Harold B. Franklin recently formed Frankwyn Productions, has filed a voluntary petition in bankruptcy listing liabilities of $312,910 and assets of known value of $5,689. Selwyn stated Saturday that the action would in no way affect his plans to produce seven legitimate plays this season under the Frankwyn banner. New Thomson Company To Handle 6 Westerns (Continued from Page 1) and other product. Thomson, who is making his office temporarily at the Mercury Film Laboratory, has received "Racketeer Round-Up" and "Saddle Savage," first two of the Hoyt & Hirsch productions. Phil Meyer will distribute the six mellers in the New York territory. Add Carpet Department Capitol M. P. Supply Corp. is adding a theater carpet department under supervision of David Meltz. Department will also service carpets without removal from the theater. Handling Fight Film First Division is releasing the Baer-Carnera fight pictures in the Albany and Buffalo territory.