The Film Daily (1943)

Monday, May 24, 1943 l3^s aramounl Slate Ip for Re-Elecfion (Continued from Page 1) ock in the company. Balaban holds shares of common; Callaghan 100 shares of common; Freeman is 450 common shares; Gibson has no • ck, although Manufacturers Trust f which he is chairman of the ) _^and president, owns $3,326,800 3*^>er cent debentures; Goodyear i< 4,100 shares of common and 2, )0 common shares are held by a ust in which he has a substantial , terest; Griffis has 6,000 shares of mimon and a contingent beneficial nder interest in trusts owning )000 common shares and $15,000 per cent debentures. Harris has 1,180 common shares; Hertz, 1000 common; Hicks, none; Keough, 1.946 .•mmon; McClintock, 100 common; Newton, 1.665 common, plus a contingent remainderan interest in a trust holding 9,190 shares; ichards has no stock but owns a majority voting securities of Rochelle Investment rp. which owns 6.750 shares of common; eisl has 100 common and Zukor owns 380 ifes of common. HA table setting forth the remuneration oi rectors and officers of the company shows |iat during the last fiscal year (ended Jan ). Tlalahan was the highest paid. He re1 $.'42,695.93. including $211,035.66 from —J alaban & Katz Corp. on an old contract. ■ mount was $52,603.84 higher than his 1941 f impensation. In addition the company set y -ile $74,991.41 for Balaban in the pension ust plan which would pay him almost $11,Jr 64.72 in the event of retirement. y Freeman Received $130,000 Freeman received the second largest amount, 1130,000. Sum of $25,999.24 was put in the ension fund which would pay him about 24,614.76 on retirement. Henry Ginsburg. ice-president and general manager of the ~ ludio, received $114,375 last year, $18,175 than in 1941, and Zukor was paid 108.800 for his services. Other remunerations were : Agnew, $64,'00, $1,800 greater than 1941 (he was creded with $12,479.47 in the pension fund which u ted with $12,479.47 in the pension fund which vnuld pay him $11,964.72 a year); Hicks, J41,600 ($8,312.20 in pension fund with beneit of $5,358.84 annually) ; Jacob K. Kar, s-istant secretary. $36,400; Keough, $78,000. >17,000 more than 1941 ($15,599.39 in penEund; $11,679.12 benefit). Also. Leonard H. Goldenson. v. -p. in charge f theaters, $33,000, $8,200 more than 1941 0^4,998.29 in pension fund; $14,544 benefit); «\ alter B. Cokell treasurer $23,400 ($4,679 n pension fund with $3,260 benefit) ; Fred Bohrhardt, comptroller $20,S00 ($4,156.52 in >ension fund with $3,550.32 benefit) ; Griflis, : 14.923.10, plus a share of commissions revived from Paramount by Hemphill, Noyes & Co. of which he is a partner ($24,999.91 pension fund; $12,438.72 benefit). Also, Callaghan, $2,616.67; Gibson, $1,J16.67; Goodyear, $2,116.67; Harris, $2,67; Hertz, $1,966.67, plus a share of ■' mmissions paid by Paramount to Lehman TO THE COLORS! * COMMISSIONED • HENRY J. MILLER, USA, formerly, Eastman Kodak Co., Rochester, commissioned a 2nd lieutenant. DOUGLAS CEORCE, USN, formerly 20th-Fox publicity, Cleveland, commissioned an ensign. * PROMOTED * SIDNEY EPSTEIN, USMC, former manager, Center Theater, Dover, Me., to 1st lieutenant. 2nd Lt. ROBERT L. SCOTT, USA, formerly, Majestic Theater, Gettysburg, Pa., to 1st lieutenant. EDWARD F. GIBBONS, former assistant manager, Strand, Clinton, Mass., to master sergeant. * ARMY * MANNY WEISS, maanger, Metropolitan Theater, Cleveland. CHARLES VILLENCY, OWI formerly make-up editor, Motion Picture Daily. HENRY BRUENIG, booker, United Artists, New Haven. JOE FLEISCHEL, Florida State Theaters city manager, Deland. NORMAN ROLF, Lockwood & Cordon district manager, 'Boston. ARTHUR PILON, Warner Theaters, Newark, N. J. IRVING ZWILLMAN, projectionist, Roosevelt Theater, Newark. $13,283,114 in April Ticket Tax Receipts (Continued from Page 1) 676.18. April collections in 1942 were only $10,788,463.32. Approximately 90 per cent of the total collections is realized from motion picture admissions. An even greater rise than the totals shown throughout most of the nation was indicated by comparison of figures for the past two collection periods from the Third New York (Broadway Area) collection district. The March collection total of $2,368,546.34 dipped to only $1,786,817.59 last month. This was ^till substantially higher than the $1,470,2X4.44 collected from that district during April, 1942. Where theater admissions accounted for $2,220,021.82 of the March total, they represented only $1,584,740.96 last month. The April figure was, however, still considerably higher than the $1,343,771.72 accounted for by theater admissions in the April collection of a year ago. Brokers sales accounted for $17,818.91 and admission to roof gardens and cabarets $182,942.57 in last month's collection. Bros, of which he is a partner; McClintock, $1,966.67; Newton, $2,666.67, plus a share of commissions paid Hallgarten & Co. by Paramount ; and Weisl, $2,266.67. Weisl is a partner in Simpson, Thacher & Bartlett, attorneys, which received $58,242.33 for legal fees. Richards received no compensation directly from Paramount but remuneration of $31,800 was paid him by corporations in which Paramount owns only 50 per cent of the voting securities. Remuneration Up $97,135 As a group, officers and directors received remuneration totalling $956,561.03 which was $97,135.23 in excess of 1941. Amounts paid or set aside for the pension trust plan totalled $176,216.42 and would pay beneficiaries $132,077.94 in the event of retirement. Only indebtedness of any director or officer is $90,000 in unmatured notes of Adolph Zukor held by the corporation and $101,250 of unmatured notes of Zukor and Eugene J. Zukor. These were given under a settlement made by the trustees and approved by the court in 1937 of suits brought by the trustees in the Paramount Publix Corp. reorganization. Original totals of all notes were $405,000. Para, to Tradeshow Last Seasonal Block in June Paramount will tradeshow its last block-of-five pix for this season on June 21, 22 and 25. "So Proudly We Hail" and "Submarine Alert" will get the exhib. double-o on the 21st, "Alaska Highway" and "Henry Aldrich Swings It" on the 22nd and "Dixie," on the 25th. Para. Stockholder's Resolutions Opposed (Continued from Page 1) it was revealed by the notice of meeting. James Fuller, of Hartford, Conn., has notified the corporation that he will offer the resolutions, text of which are carried in the notice. All will be opposed by the management in their present form. First resolution would give stockholders an opportunity for a full discussion of the annual report and would permit inspection of minutes of the board of directors and executive committee meetings during the day of the annual meeting. Management approves of the first part but the chairman will refuse to entertain the motion as stated on the ground that the meeting will be without legal power to consider the full resolution. Resolution Number 2 would bar directors or nominees for the board unless they own personally at least 100 shares of Paramount stock. Management opposes this as its policy has been to select directors on a basis of ability rather than on the basis of stock ownership. Third resolution calls for verbatim stenographic records of annual meetings with a digest to be sent to each stockholder and a complete transcription sent to any stockholder requesting it. This is opposed by the management which feels the annual report and proxy statement would not be materially supplemented by such reports. Fuller's last recommendation would have the selection of company auditors rest upon a recommendation by the board, approved by the stockholders; would open the books to the approved auditor throughout the year; would have the auditor attend board meetings, and would have him present at the annual meeting and available for questions from the floor. Management feels that Price, Waterhouse & Co., which has checked the company's books since 1916, is more familiar with systems involved than any independent accountant. Statement claims that Price, Waterhouse has complete access to the records at all times. Canadian M.P's Attend Preview of "Moscow" Toronto — Members of the Canadian Senate and the House of Commons were guests at a Canadian Preview of Warners' "Mission to Moscow" last night at the Capitol Theater, Ottawa. Preview is being sponsored by the Parliamentary Press Gallery. Annual Reports Marked Upswing In Originality 1943 Year Book Of Film Daily Reaches the Public A continuing trend towards the use of original screenplays for motion picture stories is revealed by a comparison of story sources of features approved by the Production Code Authority, according to the new 1943 Film Daily Yearbook. Checkup shows that of the 548 pictures approved by PC A in 1942, 401, or 73.2 per cent were originals. For 1941, 63 per cent of approved features were original material and in 1940, 61.8 per cent. Novels adapted for the screen were in second place each year. In 1942, 10.4 per cent were in this category ; 1941, 10.2 per cent and 1940, 20.8 per cent. Comparison also indicates that stage plays dropped off as a source of motion picture screenplays. Figure for 1942 was 5.7 per cent; for 1941, 10 per cent and 1940, 9.8 per cent. Source percentages of the balance of 1942 features are: Short stories, 5.3; biographies, 1.3; documentary-historical, 1.1 ; source unknown, 1.4 and miscellaneous, 1.6. Numerous other vital statistics are included in the Year Book, which was edited by Jack Alicoate with Chester B. Bahn, editor of Film Daily, assisting in advisory capacity. Increased attendance at motion picture theaters in 1942 — average weekly attendance jumped to 90,000,000 against 85,000,000 in 1941— was reported realized despite WPB's ban on new theater construction and restrictions on remodeling, and theaters operating on Jan. 1 of this year total virtually the same as on Jan. 1, 1942. The annual shows that 17,728 motion picture houses were operating the first day of this year compared with 17,919 a year ago. This indicates a decrease of 191 but, for reasons of national security, 207 theaters operated by the U. S. Army Motion Picture Service were dropped from the volume's compilation, leaving a gain of 16 commercial theaters. Total theaters as of Jan. 1 were 20,196 operating in 10,040 American cities and towns, but 2,468 of these were closed. Comparable last year's totals were 20,281 with 2,362 dark. Seating capacities of theaters operating on Jan. 1 total 11,542,093; of total theaters, 12,481,314 and closed theaters, 939,221. There were 466 theaters operating with portable sound and projection equipment, 99 drive-ins and 410 operated primarily for Negro patronage. Reprinted from Syracuse, N. Y., HeraldJournal, April 26, 1943.