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Tuesday, June 18, 19'
Vol. 77, No. 119 Tues., June 18, 1940 10 Cents JOHN W. ALICOATE Publisher
DONALD M. MERSEREAU : General Manager CHESTER B. BAHN :::::: Editor
E'ulilishfd daily except Saturdays, Sundays and Holidays at 1501 Broadway, New York, N. Y., by Wid's Films and Film Folk, Inc. J. \V. Alicoate, President and Publisher; Donald M. Mersereau, Secretary-Treasurer. Entered as second class matter, Sept. 8, 1938, at the po.-itoffice 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 BRyant 9-7117, 9-7118, 9-7119, 9-7120, 9-7121. Cable address: Filmday, New York.
Representatives: HOLLYWOOD, Calif.— Ralph Wilk, 6425 Holly\vood Blvd., Phone Granite 6607. LONDON— Ernest W. Fredman, The Film Renter, 127-133 Wardour St., \V. I. PARIS— P. A. Harle, La Cinematographie Francaise, 29 Rue Marsoulan (12). MEXICO CITY — Marco-Aurelio Galindo, Av, Coyoacan No. lOOB, Mexico, D. F. BUENOS AIRES— Chas. de Cruz, HeraldoDel Cinematografista, Corrientes 1309.
riNANCIAL
(Monday, June 17) ^
NEW YORK STOCK MARKET
Net
High Low Close Chg.
Am. Seat 634 63/8 ^Vi — Vi
Col. PictS.vtC. (21/2%) 45/8 41/2 45/8 -f 3/8
Columbia Picts. pfd. . 161/4 I6I/4 16'/4 + 1
Con. Fm. Ind
Con. Fm. Ind. pfd
East. Kodak 131 1/2 128 131 1/2 + ^Vz
do pfd
Cen. Th. Eq 91/2 9 91/2 + Vs
Loew's, Inc 251/2 227/8 2434 + Vs
do pfd 981/8 981/8 981/8
Paramount 53/8 45/8 5V8 + 3/8
Paramount 1st pfd
Paramount 2nd pfd.. 71/4 7 714 + Vi
Pathe Film 71/8 6I/2 7 + 1/4
RKO
20th Century-Fox ... 7 554 65/8 + 3/^
20th Century-Fox pfd
Univ. Pict. pfd 70 70 70
Warner Bros 21/2 21/8 23/, -| i/s
do pfd
NEW YORK BOND MARKET Keith B. F. ref. 6s4610O'/8 100 100 — Vs
Loew's deb. 3V2s46
Para. B'way 3s55.... 44 44 44
Para. Picts. 6s55
Para. Picts. cv. 31/4547
RKO 6s41
Warner Bros.' dbs. 6s48 79 79 79
NEW YORK CURB MARKET
Monogram Picts
Sonotone Corp 15/8 1 1/2 ^Vs — Vs
Technicolor 93/4 93/8 934 — 1/4
Trans-Lux
Universal Corp. vtc
Universal Picts 7 7 7 +1
N. Y. OVER-THE-COUNTER SECURITIES
Bid Asked
Pathe Film 7 pfd
Met. Playhouse, Inc. 2nd deb. '45... 63 65 Roxy Thea. BIdg. 4s 1st '57 59 62
Warners' Danish Manager Dead from Heart Attack
Information of the death of George Westergaard, manager for Warners in Copenhagen, Denmark, was received yesterday at the Warner home office. Westergaard died suddenly of a heart attack. He had been with the company over 10 years.
Paramount's Directors Slated for Re-election
All directois of Paramount are slated to be re-elected today when the company's stockholders hold their annual meeting at noon. Expected to be re-elected are Barney Balaban, Neil Agnew, Y. Frank Freeman, Stephen Callaghan, Harvey Gibson, A. Conger Goodyear, Stanton Griffis, Duncan Harris, John Hertz, John W. Hicks, Austin Keough, Earl McClintock, Maurice Newton, E. V. Richards, Edwin Weisl and Adolph Zukor.
Cohen to Raze Wallack, Erect New Film House
Sale of the Wallack Theater property on 42nd Street, New York, to the Anfin Enterprises, Inc., headed by Max A. Cohen, was announced yesterday by Berk & Krumgold, theater real estate brokers.
Cohen plans to raze the building and replace it with a new structure to house a 600-seat theater and stores. Plans have been prepared by Thomas W. Lamb, architect. Cohen, who operated the Wallack, also has the New Amsterdam and Harris on the same block.
The new Wallack is expected to be completed by October of this year.
The Wallack was built by Lester Wallack and was opened on Jan. 4, 1882, as one of New York's finest drama houses. Last dramatic performance was given on May 4, 1915, and theater has been a picture house under various managements since that time.
Amusement Tax Charges Bring Innocent Pleas
Cinelux, Inc., operator of the Cine Roma theater, and Pietro Garofolo, president of Cinelux, were released on $1,000 bail yesterday by Federal Judge William Bondy after the defendants had pleaded not guilty to charges of failing to pay in excess of $16,000 in amusement taxes. Jessie Moss, U. S. attorney in charge of the case, stated that trial could not be reached until the Fall. Moss added, that he and a staff of nine department of internal revenue men were conducting a drive in New York, Connecticut and New Jersey to enforce Federal amusement tax laws.
Truck Strike Settled Via State Mediation
Albany — The local truck strike, which caused exchanges to express all distance prints, has been settled after mediation work by the State Department of Labor.
Smith-Howell Film Service was back picking up over the week-end. Exchange men claim to have had no missouts during the week-long strike, called by the teamsters' union.
Ala. High Court to Hear "Discrimination" Charges
Mobile Ala. — Judge J. Blocker Thornton in Mobile Equity Court granted a motion to strike from the record complaint of Ricardo Montiel, manager of Saenger Theater, in which he sought to avoid prosecution on a lottery charge. Indictment was returned against Montiel for Bank Night operations in the Saenger, Mobile's largest downtown theater.
Motion to strike was brought by Solicitor Bart Chamberlain and Sheriff William Holcombe, respondents in Montiel's complaint. Montiel's attorneys immediately appealed to the State Supreme Court. Trial on the lottery charges is scheduled June 27, but this date will undoubtedly be passed over until the Supreme Court decision, it was announced.
Montiel charges discrimination, in that while he was indicted for Bank Night operations, scores of Bingo games, sponsored by church and fraternal organizations, were allowed to run uninterrupted.
Local 306 Votes on New Skouras, Randforce Pacts
Meeting of the membership of Local 306, projectionists union, was held early this morning to vote on acceptance into the union of projectionists now working in the Cocalis houses which are to be sold to RKO. Membership also voted on new wage agreements with the Skouras and Randforce circuits.
Wage increases in the new pacts call for a total increase of 15 per cent over a six year period, five per cent being added every two years. Agreements make the first increase retroactive to September 1, 1939.
Charles Skouras Here For NT Conferences
Charles Skouras, Fox West Coast head, is here for conferences with Spyros Skouras and other National Theaters execs, following a tour of the company's houses. He expects to be here the remainder of the week. His checkup tour wound up in Milwaukee, from where he proceeded to New York.
Master Defers Hearing On Contempt Exceptions
Chicago — Edgar Eldredge, special master, yesterday indefinitely postponed the hearing on exceptions to his recent findings in the Government's criminal contempt action against B & K and the majors. Counsel, it was explained, were otherwise engaged. Eldredge's report had found B & K and Paramount guilty.
Art Weinberg Dead
Chicago — Art Weinberg, in charge of the electrical department at the west side Paradise theater is dead.
COminG and GOIHG
CRAD L. SEARS planed to Chicago last ni;
THANOS SKOURAS, theater operator . distributor in Greece, is here on a business ti He Ifies back to Europe July 11 on the Clipp
CHARLES SKOURAS, Fox West Coast he is here on a business trip. He. .returns to Coast this v^eek-end.
'f
:heaul(
ROBERT T. KANE leaves for^W,.Joast Thu day night, postponing his scheduled depart last night.
VERREE TEASDALE here from the Coast a week, is stopping at the Waldorf -Asforii
MRS. DAVID E. ROSE, recently arrived i England, has left the Sherry Netherland] the Coast.
MORT BLUMENSTOCK and GILBERT GOLDI left last night for the Warner sales convcnti in Chicago.
ROBERT MONTGOMERY has reached Lisb from his ambulance driving in France and » return here by Clipper.
GEORGE RAFT, here from the Coast, b guest at the Sherry Netherland.
OTTO L. PREMINGER left Sunday for Holl wood to confer with Lynn Starling and Howa Green, authors of a new play, "Land 0' Cotton which he expects to produce here next seaso
JOHN C. WILSON has gone to Dennis, Ma» to direct Noel Coward's "Private Lives" the Cape Playhouse.
JACK CONWAY has left the Coast for health check-up at Johns Hopkins Hospiti Baltimore.
GEORGE HAYES is East-bound by auto f several weeks' vacation.
MATTY FOX left the Coast at the week-ei for New York for a three or four months' st»
HENRY KING planed at the week-end fro Hollywood to Troy, 0., to take delivery of k new Waco. He plans to do his Eastern vacatii travelling by air.
HUGO BUTLER and MRS. BUTLER (Jean Roi verol) have returned to Hollywood from a thiM week vacation.
Jay Emanuel Tournament Prize to A. L. Pratchett
The Jay Emanuel prize for tb most "birdies" in the Film DaiL" golf tournament was awarded yes terday to A. L. Pratchett, Paramount's manager for LatinAmerica Through an oversight, the commit tee inadvertently neglected to pre sent the winner with the prize— ai order for a $10 Stetson hat— afte^ the tournament last Tuesday nightl
GWTW Out After 21 Weeks
Chicago— GWTW finally closes ii the Essaness Loop Woods theater to morrow after a run of 21 weeks.
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