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Intimate in Character
International in Scope
independent in Thought
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The Daily Newspaper Of Motion Pictures Now Seventeen Years Old
VOL. 67, NO. 144
NEW YORK. THURSDAY, JUNE 20, 1935
TEN CENTS
Atlas Submits Tentative RKO Reorganization Plan
II. S. ASCAP TRIAL ADJOURNED UNTIL NOVEMBER
Selznick's Addition Will Give U. A. 30 Releases
Newly Aligned Producer
Will Make Five or
Six a Year
Addition of David 0. Selznick to the United Artists producing roster, officially announced yesterday as indicated in The Film Daily of May 29, will give U. A. some 30 pictures for distribution in the coming season. Selznick, according to a statement by Al Lichtman, new U. A. president who returned yesterday from the coast, will make five or six pictures a year under the corporate name of David 0. Selznick Produc(Continued on Page 8)
ALREADY COMPLETED ON FOX '35-36 LINEUP
West Coast Bureau of THE FILM DAILY Hollywood — Fox is making fast time on its 1935-36 production program, with eight features already completed, three others nearly finished and four more starting very soon. The completed films are: "Dante's Inferno," "Farmer Takes a Wife," "In Old Kentucky," "Redheads on Parade," "The Dress(Continued on Page 8)
Enforcing is Problem
in Voluntary Codes
Difficulties that would be encountered in enforcement will make it largely impracticable to effect a voluntary code in place of the defunct NRA code for the industry, according to the consensus of opinion (.Continued on Page 4)
K
New Department
JFPittsburgh — Film exchanges are considering installation of grocery departments. What with neighborhood theaters running "Sugar Nights," "Free Canned Goods Nights," "Country Store Nights," etc., exhibitors are shopping for groceries as well as for pictures.
BEN SHEARER HEADS SUPPLY MEN'S ASS'N
Chicago— Ben Shearer was elected president of the Independent Theater Supply Dealers Ass'n at the closing session of the convention here this week. Other officers elected are: K. R. Douglas, vice-president; Joe Robin, secretary, and Clem Rizzo, treasurer. Directors chosen were Joe Hornstein, Joe Graham, Art Marrone and George McArthur.
The organization adopted resolutions favoring fair trade practices and sustaining prices. Captain John Gorby, in a talk on how to sell goods profitably to maintain exhibitor goodwill, stresed the necessity of selling standard quality merchandise that will meet with the ap
(Continued on Page 4)
Cite Kuhn, Loeb Profits In Para. Underwriting
Washington Bureau of THE FILM DAILY Washington — Profits totaling $1,316,634 were realized by Kuhn, Loeb & Co., in underwriting seven issues of Paramount securities from 1919 to 1930, it was brought out in the hearing on the film company's affairs being conducted by the Securities and Exchange Commission as part of a study being made for Congress. Purpose of the study is to (Continued on Page 4)
EXPECT BIG TURNOUT FOR SOUTHEAST MEET
Jacksonville — Southeastern Theater Owners Ass'n expects to have a crowd of several hundred attending the convention to be held Aug. 11-13 at Jacksonville Beach. General chairman of the meet is M. C. Moore, manager of the Riverside theater, local independent.
Dispatch from Atlanta states that President Hugh Manning "will foot the bill for the meeting" and that it will be "wide open" for the attendance of any exhibitor, whether circuit, affiliate or independent.
The business program committee is headed by R. B. Wilby, Atlanta,
(Continued on Page 4)
Republic Regional Meet Under Way in Hollywood
West Coast Bureau of THE FILM DAILY
Hollywood — ■ Republic salesmen are gathered here today from Los Angeles, San Francisco and the northern part of the state to attend the regional sales convention in the Hotel Roosevelt. Edward Golden, general sales manager, is in charge.
Others here are: Floyd St. John, California district manager; S. D. Weisbaum, San Francisco sales manager; S. C. Martenstein, S. J. Goldman, C. J. Crowley, salesmen, and E. A. Morris, booker, of San
(Continued on Page 4)
RKO Reorganization Proposals Are Submitted by Atlas Corp.
$500,000 Yearly Saving Seen in Film Speed Change
Production costs economies approximating $500,000 annually can be effected if film speed is changed from 24 to 20 frames a second, thus cutting down amount of film used, according to advocates of this (Continued on Page 4)
A tentative plan of reorganization for the Radio-Keith-Orpheum Corp. is understood to have been presented by the Atlas Corp. to RCA and other of the principal interests controlling RKO. Under the plan all outstanding debentures would be exchanged for new preferred stock and new mortgages exchanged for present ones, it is said.
Government Ends Further
Hearings in Music
Suit Until Fall
At the government's request, Federal Judge Henry W. Goddard yesterday adjourned until Nov. 4 the trial of the U. S. anti-trust action against Ascap and the Music Publishers Protective Ass'n. The adjournment followed a flying trip to Washington by Special Assistant Attorney General Andrew W. Bennett, who informed representatives of Attorney General Cummings and the Department of Justice that he
(Continued on Page 8)
SCHILLER TO HANDLE LOEW CHI. EXPANSION
; Col. E. A. Schiller, Loew vicepresident, who has been inactive due to ill health, goes to Chicago early next week to personally take over supervision of the circuit's expansion program in that area. Although M-G-M has sold its 1935-36 season output to Warner Bros., which operate 20 houses there, and a deal is
(Continued on Page 4)
Nat Levine to Produce 8 Gene Autry Westerns
fyest Coast Bureau of THE FILM DAILY Hollywood — Gene Autry will star in a series of eight westerns to be released by Republic Pictures and produced by Nat Levine. Republic will also present eight John Wayne outdoor dramas, produced by Trem Carr.
Franchise Holders Pay Nut
Under the new Republic Pictures setup, the franchise holders pay all the expenses of their exchanges and get percentages varying from 33 1-3 to 40 per cent of the gross of all pictures. Republic has only its home office overhead to pay and supplies the exchanges with prints and pictures.