The Film Daily (1941)

DAILY Tuesday, November 11, 19*1 Vol.80, No. 94 Tues., Nov. II, 1941 lOCents JOHN W. ALICOATE Publisher DONALD M. MERSEREAU : General Manager CHESTER B. BAHN :::::: Editor Published daily except Saturdays, Sundayi 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, Sept. 8, 1938, at the post-office at New York, N. Y., under the »ct of March 3, 1879. Terms (Postage free) United States outside of Greater New York (t 1 0.(10 one year; 6 months, $5.00; 3 months, 13.00. Foreign, $15.00. Subscriber should remit with order. Address all communications >o 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 Hollywood Blvd., Phone Granite 6607. LONDON— Ernest W. Fredman, The Film Renter, 127-133 Wardour St., W. I. PARIS— P. A. Harle, Le Film. 29 Rue Marsoulan (12). MEXICO CITY— MarcoAurelio Galindo, Depto. 215, Calle del Sindi.alismo, 99, Tacubayo, D. F. FINANCIAL (Monday, Nov. 10) NEW YORK STOCK MARKET Net High Low Close Chg. Col.'Picts.'vtc.'(2Vi%> 6Vi 6V2 6yi — "U Columbia Picts. pfd. 9-16 9-16 9-16 —1-16 Con. Fm. Ind Con. Fm. Ind. pfd East. Kodak 134l/2 134, 134 .. 1/4 do pfd 176V4 1761/4 1761/4 + 1 1/4 Gen. Th. Eq Loew's, Inc 38i/4 37% 38 + Vs do pfd 106 106 106 Paramount 15V4 15 1514 + % Para. 1st pfd. .....113 113 113 + 1/4 Para. 2nd pfd 133/4 13% 13% Pathe Film RKO 2% 2i/2 2i/2 RKO $6 pfd 20th Century-Fox 83/8 8I/4 8V4 . 20th Century-Fox pfd Unit. Pict. pfd . Warner Bros 4% 43/4 43,4 — i/4 do pfd 721/4 721/4 721/4 NEW YORK BOND MARKET Loew's deb. 3%s46 Para. B'way 3s55 Para. Picts. cv. 31/4S47.IOOV4 10Oi/4 100i/4 — % Para. Picts. deb. 4s56 . IOOV2 lOOVi 100% — % Warner Bros.' dbs. 6s48 96 96 96 NEW YORK CURB MARKET Monogram Picts % % % Radio-Keith cvs 5-32 5-32 5-32 Sonotone Corp 2% 2% 2% Technicolor 83/8 8% 8% — % Trans-Lux 9-16 9-16 9-16—1-16 Universal Corp. vtc. 9 9 9 Universal Picts N. Y. OVER-THE-COUNTER SECURITIES Bid Asked Met. Playhouse, Inc. 2nd deb. '45 67 70 Roxy Thea. Bldg. 4s 1st '57 60 64 Normanly Resigns as "U's" General Business Manager West Coast Bureau of THE FILM DAILY Hollywood — James P. Normanly has resigned as general business manager of Universal studios effective Nov. 16. He will vacation in California and Northern Washington and will announce his new plans shortly after the first of the year. Para. To Extend Debenture Exchange Till Dec. 5 Paramount will extend its debenture exchange offer scheduled to expire yesterday until Dec. 5, as a result of the action taken at a special meeting of the executive committee of the board of directors yesterday. It was also decided at this special meeting to call for redemption on Dec. 12, all 3% per cent convertible debentures then outstanding. Stanton Griffis, chairman of the Paramount executive committee, announced following the meeting, that over $10,200,000 of the 3% per cent debentures had been surrendered to the Manufacturers Trust Company for exchange. This figure represents more than 80 per cent of the total 314 per cent debentures outstanding. N. Y. SPG Counter Offer Made To Seven Majors A counter-offer on pay scales, involving defined categories with sliding minimums and percentage increases, has been presented by the New York SPG negotiating committee, assisted by unit reps., to executives of the seven majors with which the committee is discussing contract terms. Counter-offer carries the proviso that it is a working proposal, subject to any amendment by the SPG membership body. Individual company discussions will be shortly followed by a general negotiations conference, it is anticipated. UA To Roadshow 'Gesture' When Released in January "The Shanghai Gesture," initial Arnold Pressburger film for UA will receive special handling when released in January, it was announced yesterday by Arthur W. Kelly. UA vice-president. Plans to roadshow the picture in 10 key cities are being readied by the Pressburger organization and the UA sales staff. Kelly viewed a rough cut of the picture on his recent Coast trip. Gene Tierney, Walter Huston, Victor Mature and Ona Munson are in the top roles and the film was directed by Josef von Sternberg. Kirsch Files Unity Report; Board Meets Next Week Chicago — Jack Kirsch, Illinois Allied prexy, has filed his report with the National Allied board on his Eastern unity trip with Sidney Samuelson. Kirsch, who will speak at Indianapolis next Monday, expects the National Allied board meeting next week to take action on the report. Lane Killed In Crash Little Rock, Ark. — Charles Lane, operating the Intercity Theaters delivery route for Film Transit, Inc., Memphis, was killed instantly near Hoxie, Ark. "U" Adds $3,000,000 To Production Budget Chicago — Universal has increased its production budget for this season an additional $3,000,000 to provide for three Frank Lloyd productions, "Saboteur," "The Spoilers" and "River Lady," Prexy Nate J. Blumberg, disclosed at the meeting of Western and Southern district and branch managers here. Two other highlights of the midseason conference were: 1. Announcement by William A. Scully, vice-prexy and general sales manager, who presided, that greater latitude would be extended to branch managers henceforth in settling local sales questions without heme office consultation. That "U" would officially adopt the policy had been indicated. 2. A report from Matthew Fox, vice-president stationed at the studio, that the 1941-42 program is nearly 70 per cent completed and will be entirely fulfilled by the time the Lloyd productions are finished within the next few months. Scully will convene an Eastern mid-season sales meeting in New York next week-end. Court Rules Kaufman Need Not Stand for Re-election Newark, N. J. — Vice Chancellor Bigelow has refused to order Louis Kaufman to stand for election as business agent of Local 244, Operators. Mimeographed letters have gone out to all members of the local summoning them to meet tomorrow night to nominate officers for election next month. William J. Brennan, Jr., has been named by Bigelow to supervise the election. Bigelow ruled Kaufman, against whom a group of insurgents are directing their fire, will not have to stand for re-election after being informed his term does not expire until next year. The entire election procpedings. from nominations Wednesday to the election Dec. 9 will be conducted by Brennan. Appeals Court Sustains Lincoln Theater Decision Detroit— The U. S. Circuit Court of Appeals at Cincinnati sustained the decision of the Federal District Court here in the Lincoln Theater case. Under the decision, present owners of the house, London Amusement Co., will retain possession until Feb. 28, 1943, when the lease to Wisper & Wetsman Theaters will presumably become effective. London were suing the landlord in the case to retain occupancy. Warners Closes Early Warner officials decided late yesterday to close the home office at 1 P m. today in observance of Armistice Day, leaving Paramount and UA the only major offices open all day. COmiM and G0IIIC BUD ABBOTT and LOU COSTELLO left Coast yesterday fcr New York, Washington Detroit. ARTHUR LUBIN arrived Friday from Hi wood. NED E. DEPINET, S. BARRET McCORr^ and CHARLES KOERNER returned from Holly yesterday. /f SPYROS SKOURAS and EDDIE ZABEL, Theaters' head film buyer, are expectea 1 from the Coast Thursday. CHARLES REAGAN, Paramount's assistant | eral sales manager, is expected back from Angeles Thursday. HERMAN WOBBER, 20th-Fox sales man arrives late tonight from a tour of the midv exchanges. ABE MONTACUE, who has been on the C since Oct. 17, returned yesterday. TAY CARNETT arrives on RKO lot today a directorial assignment. JOAN BENNETT arrived from Hollywood terday to join her husband Walter Wanger. MIRIAM Hopkins is expected Hollywood en route to Canada. today f HERMAN FUCHS, musical director of P: News, is on the Coast to select music for newsreel and the short subjects. ELLIOT NUGENT, who completed direr "The Male Animal," will leave for New } next Monday. EDDIE MITCHELL, publicity director of C solidated Amusement Co., Honolulu, Clipper* the Coast where he spends a month's vacal in San Francisco and Hollywood. CAROL BRUCE planed in by TWA over week-end. DANIEL O'SHEA, vice-president of David Selznick Productions, arrives from the Co; today. Conn. MPTO Will Hold Dinner-Dance on Dec. 9 New Haven — Connecticut MP' will sponsor a first annual font dinner-dance for film men and th< friends on Dec. 9, at the Hotel Ta George H. Wilkinson, Jr., of the W kinson, Wallingford, is general chai man of the event, Samuel Seletsk Republic manager, treasurer, He man M. Levy, executive secretary the group, secretary. Committ chairmen include Harry F. Sha decorations, music and lighting; L Brown, publicity; Lou .. Schaef er, tertainment; Maxwell Hoffman, tic ets and seating, assisted by Edwin Raffile, Samuel Rosen, Irving C. J cocks, Jr., Peter Perakos, Adol G. Johnson, Lawrence C. Capla Joseph F. Reed. FRIENDLY SERVICE SAVES TIME AND MONEY "Tostal Telegraph CHARGES FOR TELEGRAMS 'PHONED IN APPEAR ON YOUR ^kv TELEPHONE BILL.