The Film Daily (1941)

i*'ednesday December 31, 1941 &*\ DAILY i{iiU34,593 Profit eported by Loew's (Continued from Page 1) :.«>m theater receipts, rentals and of films and accessories. In • nes taxes, including prior year's jjustments, equalled $3,722,875, • i jliile excess profits taxes on partly ed corporations only amounted to s Aed among the assets on the bal ,. ce sheet is $18,387,971 in current d working cash. It was noted, bwever, that of the cash shown, $8, 53,603 was in foreign countries, I her than Continental Europe and KJe Far East, and principally in Eng nd, all subject in some degree to <port restrictions. To the extent II j included for respective countries 2,440,000 has been received in the oited States up to Dec. 26, 1941, rid within four months, under an aringement with the British Government, an additional $2,336,000 is ex. t cted to be received. The amount of net assets in all ireign countries, other than Conti cntal Europe and the Far East (and ,.',pt including portion of cost of film roductions allocated to foreign but tained on books in the United ;;tates) is $18,910,633, of which net 'ijrrent assets, with some exclusion i,;'br cost of film productions, amounts I $6,731,037. The $919,759 due to "oreign banks by foreign subsidiar 'js, payable in foreign currencies, i guaranteed by Loew's, Inc. Net il ssets in Continental Europe and the I 'ar East amount to $1,182,102. The consolidated earned surplus 'ccount showed that the balance as l Aug. 31, 1941, was $59,017,813, mpared with $56,715,616 on Sept. , 1940. ir Happy New Year! ir 'roducers, 8 IA Studio Jnions Resume Talks Mon. (Continued from Page 1) |rops locals will attend as well as tudio labor executives. Pat Casey, who arrived from the oast yesterday, will represent the roducers. Projectionists and lab Echnieians' locals have signed altady with the producers. DECEMBER 31 Gaston Glass William J. Fadiman Hortense Schorr Gep Evans Frank Richardson JANUARY 1 William Fox Charles Bickford Boris Morros William Haines William Koenig J. Don Alexander Jay Rescher Al Martin • • • EVER since Longfellow Deeds went to town in the greetingcard-verse-penning realm, there have been but few "pomes" or "times" composed by our non-professional industry scriveners But among the few worth preserving for posterity (and a smile) is the delightful doggerel fashioned by Si Seadler and published in the Try-a-Rhyme colyum in last Sunday's PM We quote in full: Nazi soldiers in retreat. Running all the way — Here's the lesson they repeat: "Crimea doesn't pay!" • • • INCIDENTALLY (and justifiably), Mister Seadler won two bucks for that metro-cal traffic, since it was one of four winning i fforts concocted for better or for verse in the noozepapcr's contest,— in which no holds are "bard" And, incidentally, too, the Seadler pome is not wasted promotional)}' on the desert air, when you reflect that Leo the Lion has a very nice short subject series called "Crime Doesn't Pay" /;/ grabbing the two bucks award, Mister Seadler proved that "Rhyme Docs Pay" • • • WHILE Seadler was taking care of one apex of the triangular Axis, another winner, one Florence Cooper, took a slug at the Snip-pcnese, and also won two bucks Now along to our desktop :omes a non-commercial panegyric in rhyme which pans the pants off Bel Paese Mussolini for even thinking that the Italo-Americans might not stand by the Stars and Stripes This verse flows from none other than Columbia Sileo (Mrs. Jimmy Sileo), and we'd like, space permitting, lo reproduce it in full Between all the above writers, there's no opponent left for poor Phil M.'s typewriter but a few recalcitrant Slovaks, Hungarians, Roumanians, and queer Quislings • • • STUFF AND STUFF Frank Schiffman of the Leo Brechcr circuit will celebrate his 25th wedding anniversary on Saturday with a parly at his home Gordon White, for many years advertising chief for Educational, is in town for the holidays Gordon is on the Defense Savings staff and has been with a camera crew making "Minute Man" talks in Minnesota and Wisconsin Crew next will work in New England and New York Paramount's party for the children of the press folks icas a big success yesterday After filling up on ice cream and cake the kids had a great lime seeing "Mr. Bug Goes to Town" and judging by the reaction, Paramount should know that its cartoon feature is a hit Bad news for the industry's fishermen at least those who like to cast a line in nearby ocean sjjots The Coast Guard has banned party boat fishing off the Long Island coast for the duration of the war This is going lo hit such anglers as Si Seadler, Hal Home, Tom Waller, Herb Berg, Bob Gillham, Ed Finney, Bill Pine, Howard Reichenbach, Bob {Superman) Maxwell, Hank Linet et Al Wilkie . ..... • • • MISS K. T. STEVENS has been chosen by New York University's Motion Picture Club as the best film material of the year and accordingly has honored her with a plaque acclaiming her as "Miss New Year's of 1942." Dismiss Dismissals In Rowlands Case (Continued from Page 1) duced to seven days. The five consenting companies were defendants in both complaints and J. Real Neth Theaters Co., owners of the Markham, was the intervenor. It was pointed out in the original hearings that Paramount contracts gave the Markham a run 30 days after downtown and the Parsons a run 52 days after downtown. Markham's contracts with 20th CenturyFox and Loew's provide that the Markham shall have "seven days to set and play and 14 days clearance" over the Parsons. It was understood that the contracts of Warner Bros, and RKO were similar to that of Paramount. The two theaters are nearly a mile apart on different thoroughfares. The arbitrator in his award said that the complainant had failed to sustain his complaint that the clearance was unreasonable. The appeal board, however, wrote that "we are of the opinion that a clearance in favor of the Markham over the Parsons to be reasonable should not be more than 45 days after first-run downtown." The appeal board, therefore, reversed the arbitrator's award and wrote that the "maximum clearance which may be granted to the Markham Theater over the Parsons Theaters in licenses hereafter entered into by" the five companies "shall be 45 days after last playdate at the first-run theaters downtown in the City of Columbus." Costs were assessed against all parties involved. The same procedure was ordered by the appeal board in the case of Rowlands' Main Theater which sought a reduction in the 21-day clearance granted to Neth's Eastern Theater. In this case, too, the Main was forced to follow downtown firstruns by 52 days, and the arbitrator, likewise, dismissed the complaint, declaring that the existing clearance was reasonable. Appeal board, however, reversed the decision and declared that the maximum clearance which "may be granted to the Eastern Theater over the Main Theater in licenses hereafter entered into by" the defendant companies "shall be 45 days after last playdate at the first-run theaters downtown" in Columbus. ir Happy New Year! ir Loew's Stockholders Meet Set for Feb. 3 (Continued from Page 1) light of the session. Present slate of directors includes George N. Armsby, David Bernstein, Leopold Friedman, John R. Hazel, Al Lichtman, Charles C. Moskowitz, William A. Parker, J. Robert Rubin, Nicholas M. Schenck, Joseph R. Vogel, David Warfield and Henry Rogers Winthrop. ir Happy New Year! ir "Eternal Gift" at Squire Squire theater, 695 Eighth Ave., reopens in early January with "The Eternal Gift."