The Film Daily (1939)

Para. Will Spend $30,000,000 Minimum in 1939-40 La L» V> %->' I ■ DO NOT REM Intimate in Character International in Scope Independent in Thought r-LSee Column 2 Below) The Daily Newspaper Of Motion Pictures Now Twenty-One Years Old -1FDAIIY Vt i 75, NO. 110 NEW YORK, THURSDAY, JUNE 8, 1939 TEN CENTS Fair Trial for Arbitration Rules Favored by Exhibs. INT'L PIX ECONOMIC PARLEY LOOMING Grand National Financing Deal Said Near Completion Large Banking Group Will Provide Cash, Wall Street Hears A deal which will provide Grand National with ample funds for production and operation is understood to be near completion, it was indicated in Wall St. circles yesterday. It is reported that an agreement has been reached with a large banking group and that official consummation rests with the ratification by the stockholders. Board of directors of Grand Nation ( Continued on Page 7) GUT CLOSES PRODUCT DEAL WITH COLUMBIA Long-term franchise deal has been closed by Columbia with Greater Union Theaters, Australian circuit, for the company's entire product lineup, it was announced yesterday. Deal goes into effect this Fall with (Continued on Page 3) Theater Building Program Pushed by Colombia Chain Cine Colombia, S. A., dominant theater circuit in Colombia, South America, is going ahead with its theater building program with an (Continued on Page 8) Scully, McCarthy Off on "U" Circuit Deal Conferences Universal's sales executives started out on the first of a series of circuit deal conferences for the new season's product yesterday. General (Continued on Page 8) Stirn Interests Granted Added Time for Appeal The Circuit Court of Appeals yesterday handed down a decision granting an extension of time to John S. Stover, attorney for Ernest (Continued on Page 8) "Land of Liberty'9 "Land of Liberty" is the final title selection for the pictorial history of the U. S. prepared by the film industry for daily screening in the theater of the United States Building at the New York World's Fair. Pix will have a preview next Tuesday, with formal premiere on Wednesday night. PARA. BUDGET TO BE $30,000,000 MINIMUM Development Stems from Industry-Commerce Dept. Conference — World Assembly of Film Experts in U. S. Projected By PRESCOTT DENNETT. Washington Bureau of THE FILM DAILY Washington — An international motion picture economic conference loomed on the horizon last night with the completion yesterday of the second lap of the unprecedented Department of Commerce-industry film conference. This tremendous development which would bring to Washing yj|P|k mr"&i« By GEORGE H. MORRIS FILM DAILY Staff Writer Los Angeles — Paramount'.? 193940 production budget will at least equal and possibly will exceed that appropriated for the current season, Barney Bala j ban, prexy. ■ told The Film Daily y e s t e rday. That means an expenditure next season of a $3 0,0 0 0,000 minimum. Company's sales convention, with 275 delegates attending, swings un ( Continued on Page 7) BARNEY BALABAN LIVE TALENT RETURN BEFORE OKLA. MPTO Oklahoma City — Final plans for the June 26-27 convention were laid by members of the board of directors of the MPTO of Oklahoma here under direction of Morris Loewenstein, president. Keynotes of the convention are to be open forums and addresses on (Continued on Page 3) Steffes Sees Attendance of 700 Sure for Allied Minneapolis — Al Steffes, Allied convention chairman, predicts a registration of 700 individual names when the conclave opens here next Tuesday for a three-day session. It is reported that the registration already has reached the 500-mark. All available rooms at the Nicollet (Continued on Page 3) Regional Surveys Show U. 5. Exhibs. Hopeful of Arbitration Workability Golf Tourney Beckons to Golfers and Goofers Indications are that the 27th Annual Film Daily Golf Tournament scheduled for the Rye Country Club (Continued on Page 7) A definite desire for arbitration and an apparent willingness to give the distributors' proposed rules a chance to prove their value have been expressed by representative exhibitors in a number of key cities, (Continued on Page 8) ton or possibly New York worldwide film experts in a smashing attempt to tear down economic trade barriers, re-adjust quotas, and generally speed business was learned exclusively by The Film Daily. So important is this development that Commerce Secretary Harry L. (Continued on Page 6) ARBITRATION CHANGES TO BE ASKED BY ITOA The distributors' proposed rules of arbitration in their present form do not measure up to ITOA's reouirements. but suggestions will be msde to clear up a few obi°ctionable features, it was revealed yesterday, following a meeting of the association at the Hotel Astor. Milton Weisman. ITOA attorney, (Continued on Page 6) New Jersey Allied Squawks Over "Gunga Din" for Tele Allied of New Jersey has sent a letter to George J. Schaefer, president of RKO Radio Pictures, protesting RKO's reported plan to fur (Continued on Page 6) Application to Dismiss Para. Suit Is Withdrawn An application of Paramount Pictures, Inc., Henry A. Schatzkin and Mortimer W. Loewi, trading as Schatzkin-Loewi & Co., and Stan (Continued on Page 3)