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Tuesday, May 3, 1938
DAILY
Vol. 73, No. 102 Tues., May 3, 1938 10 Cents
JOHN W. ALICOATE
Publisher
DONALD M. MERSEREAU : Ceneral Manager CHESTER B. BAHN :::::: Editor
Published daily except Sundays and Holidays at 1501 Broadway, New York, N. Y., by Wid's Films and Film Folk, Inc. J. W. Alicoate, President and Publisher; Donald M. Mersereau, Secretary-Treasurer; Entered 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. V. Phone, BRyant 9-7117, 9-7118, 9-7119, 9-7120, 9-7121. Cable Address: Filinday, New York. Hollywood, California— Ralph Wilk, 6425 Hollywood lilvd., Phone Granite 6607. London — Ernest W. Fredman, The Film Renter, 127-133 Wardour St., W. I. Berlin — Lichtbildbuehne. Rauchstr, 4. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la Comdcs-Noues, 19.
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NEW YORK STOCK MARKET
High Low Close Columbia Picts. vtc. . 11 10y2 11 -1
m
Net Chg.
%
Con. Fm. Ind
Con. Fm. Ind. pfd.
East. Kodak
do pfd
Gen. Th. Eq
Loews, Inc
do pfd
Paramount
Paramount 1st pfd. Paramount 2nd pfd.
Pathe Film
RKO
20th Century-Fox 20th Century-Fox pfd Univ. Pict. pfd. ...
Warner Bros
do pfd
V/s
5'/2
145 1
170 1
11
40
lVa lVs — 'A
51/2 5i/2
45 145 — 21/2
70 170 — 1
11 11 — Vs
393,4 393/4
71/2 73/8 73/8
8 1/2 43/4
23/4 21 30
83/8 434
23/4
207/s 21 30 30
83/8
43/4 — '/8 23/4 + Vs
43/4 43/4 43/4 — 1/4
NEW YORK BOND MARKET
Keith A-0 6s46
Loew 6s41ww 99y2
Para. B'way 3s55
Para. Picts. 6s5; . 88 Para. Picts. cv. 3 '/4s47 68V2
RKO 6s41
Warner's 6s39
99
68l/2 68i/2
NEW YORK CURB MARKET
Grand National
Monogram Picts. . . 1 Vi
Sonotone Corp 1 1/2
Technicolor • 183,4
Trans-Lux
Universal Picts
11/2 11/2
185/s
U/2
H/2
185/8
N. Y. OVER-THE-COUNTER STOCK MARKET
Pathe Film 7 pfd
Fox Thea. Bldg. 6i/2 1st '36. . . Loew's Thea. Bldg. 6s 1st '47.
Bid 97
Asked 100
5/8 53/4 l/2 89
Met. Playhouse, Inc. 5s '43 57i/2 59'/2
Roxy Thea. Bldg. 6!/4s 1st '43.
44
46
"LLOYDS FOR SECURITY"
Specialist! for 25 years in the storage of valuable film.
LLOYDS FILM STORAGE CORP.
729 Seventh Ave. New York City
Telephone BRyant 9-5600
Exchange Pact Meeting
Now Carded for Friday
First meeting between exchange operators and IATSE officials since issuance of master contract covering all exchange workers, which was held yesterday at the Warner home office, was adjourned until Friday due to the absence of a number of exchange representatives.
New Haven — Local exchange managers are expected to sign contracts governing exchange employees enrolled in unit B-41 of AF of L this week, following agreement on terms between home offices and union executives in New York. Contracts are for the period from Feb. 1, 1938 to November 30, 1939. Katherine Fitzgerald, president, announces Katherne Higgins of RKO as new secretary, succeeding Mimi Gurien, resigned. The next meetingwill be held June 13, with election of officers scheduled for August.
Local 702 and De Luxe
Deadlocked on Demands
Meeting yesterday between Local 702, embracing laboratory technicians, and De Luxe Laboratory in an attempt to negotiate a new contract covering wage scales and working' conditions ended in a deadlock, it was learned last night. Both parties stated that negotiations had been definitely broken off.
Allan Freedman, president of De Luxe, told The Film Daily last night that the new wage scale asked by the Local could not be absorbed by any laboratory as it scaled as high as a 90 per cent increase in one instance, and added, that some of the working' conditions asked were not feasible for the laboratories.
Film Carriers to Rename
Slate at Today's Session
Fifth annual convention of Film Carriers, Inc., opened at the Park Central Hotel yesterday with James P. Clark, president, presiding at first day's session, which was devoted to the discussion of routine business matters. A special luncheon for branch supervisors of all distributing companies will be held today.
Election of officers also will take place today. Present slate will be renamed, it is understood. A general discussion of the shipping and handling of film will take place today and tomorrow. Meet winds up tomorrow night.
LRB Withdraws Motion
Motion of the New York State Labor Relations Board ordering United Long Island Amusement Corp. to show cause why it has not reinstated six projectionists, as ordered by the LRB, was withdrawn yesterday in Department one, of New York Supreme Court, Judge Rosenman presiding.
Report Mayer and Burstyn to Drop "Whirpool" Fight
No legal recourse is at present contemplated by Arthur T. Mayer and Joseph Burstyn on behalf of the French film "Remous," also known as "Whirlpool," it was learned yesterday in the wake of last week's refusal by the Board of Regents to license the picture in its present form.
Regents Board last week also denied a license to Samjax Corp., it is reported, for a rearranged version of a silent film, "Streets of Sorrow," to which dialogue had been synchronized.
Greenthal Goes to Coast; Will Talk Adv. Schedule
Monroe Greenthal, United Artists advertising and publicity director, left for the Coast yesterday by air to see completed and partially completed product. Greenthal plans to discuss next season's pictures with the individual producers and lay the groundwork for the program's advertising schedule.
George J. Schaefer, vice-president and general manager of distribution, is scheduled to head West this week.
Plans for a national convention will be announced when the Coast huddles are completed.
Condor Reorg. Up May 9
West Coast Bureau of THE FILM DAILY
Hollywood — A hearing set for yesterday at which time the Condor reorganization plan was to have been submitted was postponed to May 9 by Federal Judge George Cosgrave.
Belford Forrest Dead
West Coast Bureau of THE FILM DAILY
Hollywood — Belford Forrest, playwright and as Fenton Ford, film actor, is dead here. His widow and a son, Robin, survive.
COmiDG ROD GOIflG
ALEXANDER KORDA and IRVINC ASHER sai for England tomorrow on the Normandie.
MONROE GREENTHAL, United Artists' advertising chief, left last night for the Coast
MANNY SILVERSTONE headed for^-'lywoo< last night to represent Alexander ^ ,da al UA's directors' meeting Thursday.
ABRAM F. MYERS, Allied general counsel and NATHAN YAMINS, Allied president, arrive in New York today for the New York unit's meeting.
MYRON SELZNICK, head of Myron Selznick Ltd., arrived from the Coast yesterday.
GEORCE GIROUX, of Technicolor, who arrived in New York over the weekend, leave: tomorrow for Indianapolis on first lap of j tour through the West.
FRANK PHELPS, Warner labor exec, goei to Washington today.
LOU KROUSE and JOHN F. GATELEE, IATSI officials, were in New York yesterday.
ARTHUR A. LEE, vice-president and general manager of Gaumont British, CLINTOrM. WHITE, assistant general manager, ARTHUi CREENBLATT, Eastern division manager, and Al MARCOLIES, director of advertising and pub licity, left for Chicago yesterday on the Com modore Vanderbilt.
COL. NAT M. WOLF, Warners' zone man ager for Cleveland, and MRS. WOLF, returner Sunday from a six weeks' vacation in Europe.
AL HERMAN, district manager for Universa Pictures, and NATE SAUBER, Washington brand manager, have returned after a visit to severa theaters in Virginia.
HARRY RUBEN, of Paramount-Publix, who i chairman of the projection practice commit tee of SMPE, leaves New York today fo Poughkeepsie.
ERNST LUBITSCH, noted director, arrive! from the Coast yesterday by plane.
ROBERT ROSSEN, Warner writer, is en routi fo New York for a vacation.
JACQUES DEVAL, writer, is en route to Nev York.
JULES EPSTEIN, writer, is en route to Nev York for a two weeks' vacation.
GENE MORGAN, juvenile radio player, ha departed for the Coast to report to Republic fo a picture assignment.
EDGAR KENNEDY, Hollywood comedian, ar rives in New York this morning. He sails 01 the Washington tomorrow.
J. B. WALKER, vice-president of TWA JAMES SHIELD, actor, and OLIVIA DE HAVIL LAND, Warner star, were also arrivals yesterday on the Normandie.
Aj..tS
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1938
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