The Film Daily (1937)

THE 2 SI Wednesday, Mar. 24, 1937 \ Vol. 71, No. 69 Wed., Mar. 24, 1937 10 Cents JOHN W. ALICOATE : Publisher CHESTER B. BAHN :::::: Editor DONALD M. MERSEREAU : General Manager Published daily except Sundays and Holiday at 1501 Broadway, New York, N. Y by Wid's Films and Film Folk, Inc. J. W Alicoate, President and Publisher; Don ild M. Mersereau, Secretary Treasurer Arthur W. Eddy, Associate Editor. En tered as second class matter, May 21, 1918, at the post-office at New York, N. Y. under the act of March 3, 1879. Terms (Postage free) United States outside of Greater New York $10.00 one year; 6 months, $5.00; 3 months, $3.00. Foreign, $15.00. Subscriber should remit with order. Address all communications to THE FILM DAILY, 1501 Broadway, New York, N. Y. Phone, BRyani 9-7117, 9-7118, 9-7119, 9-7120, 9-7121. Cable Address: Filmday, New York. Hollywood. California— Ralph Wilk, 6425 Hollywood Blvd., Phone Granite 6607. London — Ernest VV. Fredman, The Film Renter, 127-133 Wardour St., W. I. Berlin — Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la Cour des-Noues, 19. Canadian Para, and Loew Co.s Declare Dividends FINANCIAL NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat 25 24% 243/4 — y4 Columbia Picts. vtc. 33% 33 33 — i/4 Columbia Picts. pfd Con. Fm. Ind 4% 43/8 4% + % Con. Fm. hid. pfd... 153/4 15% 15% — 14 East. Kodak 1 62 % 1 60 1 60 do pfd Gen. Th. Eq 29 29 29 + % Loew's, Inc 76i/4 75 76'/4 + 13/4 do pfd Paramount 23% 22% 233/3 + % Paramount 1st pfd Paramount 2nd pfd.. 21 Vs 20% 21 % + % Pathe Film 85/8 8% 8% + 14 RKO 83/8 73/4 83/8 + 5/8 20th Century-Fox . . 37 35% 36% + % 20th Century-Fox pfd. 453,4 453/8 45% + 3/4 Univ. Pict. pfd Warner Bros 14% 13% 14% + V4 do pfd NEW YORK BOND MARKET Keith A-0 6s46 98 98 98 Loew 6s41ww 973,4 97% 973/4 Para. B'way 3s55 74% 74% 74% + 14 Para. Picts. 6s55. . . 100'/4 100 100 — % RKO 6s41 Warner's 6s39 95 94% 9^A + % NEW YORK CURB MARKET Columbia Picts. vtc Grand Nafl Films... 2% 2% 2% — % Sonotone Corp 2 l7/8 1% Technicolor 22 21 % 21% + % Trans-Lux 4% 4% 4% — % MARCH 24 Jameson Thomas Montreal — Paramount has declared $1.50 dividend on first preferred stock, and 75 cents dividend (60 cents for arrears) second preferred stock, both payable April 1 ^shareholders of record March 15. In February, Paramount converted $962,700 of first preferred stock and $1,000 of second preferred into 67,479 common shares. On Feb. 27, 162,596 first preferred shares were outstanding, compared with 249,962 in Dec. 31, 1936. The first preferred is convertible into common shares at 7 to 1, and second preferred at 10 to 9 common. Montreal — Marcus Loew's has declared $1.75 dividend (arrears), on preferred stock, payable March 31, to shareholders of record March 20. Affiliated Theaters Get Writ in "Theodora" Fight New Orleans — Affiliated Theaters of Louisiana, a buying-booking combine in which E. V. Richards is interested, yesterday procured a temporary restraining order in Civil District Court preventing Columbia from delivering "Theodora" to its opposition in 19 Louisiana and Mississippi towns. The action, third of a series taken by companies in which Richards is interested, practically ties up "Theodora" throughout the important larger and small spots of a territory embracing Louisiana, Mississippi and parts of Alabama and Florida. Date for further hearing on United Theaters' similar suit for New Orleans unset. At today's hearing on Saenger's similar suit request for extension will be made. Reinstatement of Empire Men Asked by Lewisohn Telegrams sent by Samuel O. Lewisohn, chairman of the Mayor's committee for survey in the movie industry, to Harry Brandt, I.T.O.A. president, and Jos. D. Basson, Local 306 president, request reinstatement of members of the Empire State M. P. Operators Union discharged from I.T.O.A. houses and urge no further dismissals of Empire men, it was said yesterday at the Empire offices. Ten steady Empire men and 12 relief men have been discharged from I.T.O.A. houses to date. No GN Deal With CFI Yet Although reports are that Consolidated Film Industries will get the Grand National printing contract, no word has been received here of the deal being closed, it was said yesterday by Edward Peskay, GN sales manager. Recent reports from the coast were that Edward Alperson, GN president, was talking to several firms, including Consolidated. Condor to Do Musical Shorts, More Features (Continued from Page 1) white, according to word received here from the coast where company executives are in conference on the 1937-38 lineup. There will be additional pictures beyond the 30 originally scheduled. Meanwhile, production is being speeded up, players signed, additional producers and directors are being added. 29,000,000 Marks Paid For UFA, Berlin Hears Berlin (By Cable) — Film circles report here that the new owners of Ufa paid 29,000,000 marks for all the company's stock, whose outstanding shares had a par value of 45,000,000 marks and stood at 74 on the Boerse. All available information indicates that the government itself or government agents now own the concern, but no official confirmation is obtainable at present. It is regarded as a certainty, however, that the new owners bought not onlv majority, but full control. Virtually all the stock had been held by the Hugenberg interests and the Deutsche Bank. Commonwealth Anti-Trust Suit Dismissed by Court The U. S. District Court, Boston, has dismissed the anti-trust action brought by Commonwealth Theater Co. against the Colonial Theater Co., Mort Shea outfit, on the grounds that the case was instituted in the wrong jurisdiction. O'Brien, Driscoll & Raftery are New York counsel for Shea. Action may be re-filed elsewhere. New Haven Exchange Union Gets A. F. of L. Charter New Haven — With an A. F. of L. charter granted, exchange employes are expected to complete their organization program at a meeting Saturday. John Gatelee, president of the Massachusetts Federation of Labor, and representatives of the newly-formed Boston exchange union will speak, and, it is announced, an attempt will be made to formulate New Haven demands. Hobbs Interest Waning in Film Probe Measure Washington Bureau of THE FILM DAILY Washington — Explaining that his resolution providing for a general investigation of the film industry had been introduced "for our committee," Rep. Samuel Hobbs, Alabama Democrat, indicated yesterday that his personal interest primarily lay in an earlier measure he had sponsored. Latter provides for sound picture recording of court cases for retrial purposes. Coming and Going GEORGE J. SCHAEFER returns to New York late this week from the coast. FRANK C. WALKER, who is now in Scranton sails from New York tomorrow for Bermuda. HARRY GOLD is in Florida from New York. | A. H. BLANK has returned to Des Moines from New York and Florida. JACK GOLDHAR, United Artists district manager at Chicago, is in New York conferring with A. W. Smith, general sales manager. GEORGE BRANTON has returned to Des Moines, cutting short an eastern trip owing to an operation performed on his wife. HARRY GOLDBERG, director of Warner theater advertising and publicity, returns to New York today from Washington. RALPH I. POUCHER, Consolidated Film Industries vice president, returns tomorrow from Hollywood. JAMES WINN, Grand National western sales manager, is in town. E. C. MILLS, Ascap general manager, returns today from a swing around the country. AL WILKIE has returned to New York from Miami. GEORGE E. PRICE returns to New York Sunday from Miami. WILLIAM ROWLAND, film producer; H. E. POMMER, son of Film Producer Eric Pommer; MRS. EMMA REDELL, American soprano; PIERRE NICOLAEFF, Russian opera singer, and MRS. PAUL MORAND, wife of the French writer, arrive from Europe today on the Paris. OSCAR SERLIN, assistant producer for Selznick International, leaves New York tomorrow for Culver City. LOIS WILSON, film star, has arrived in New York to appear in "Fareweil Summer," the comedy drama opening March 29 at the Fulton Theater. DORIS NOLAN, who recently completed her lead role in Universal's "As Good As Married," arrives in New York from the coast on Saturday for a brief vacation. FENN KIMBALL, President of General Pictures Corporation, and MAX KRAVETZ, his assistant arrived in New York from the coast yesterday. Flat 2% Sales Tax Asked in Georgia Assembly Bill Atlanta — A flat 2 per cent l-etail sales tax has been proposed in the Georgia general assembly by Rep. Dean, of Rockdale County. The tax would apply to all motion picture admissions. To Fix GN Sales Meet Dates Dates for Grand National sales convention, to be held in mid-May in Hollywood, will be definitely set during the next week at conferences here between Edward Peskay, sales head; James Winn, western sales manager, and Sol Edwards, eastern sales manager. .tfllYNOT U« THE BEST W*PE<IAl TRAILERS? Qt Qjo^tL Tier TTLoMl! WHEN YOU WANT A TRAILER JOB DONE RIGHT. WITH PEP AND PUNCH Stnd it to FlimnCK TRAILER (0 Ml S» Woboih A't • CHICAGO • H.im.» M»l.»»4 IUB CH