The Film Daily (1943)

Thursday, May 27, 1943 Theater Flood Crisis Apparently Passed {Continued from Page 1) Illinois River flood passed there. On the Mississippi River the only critical point below Cape Girardeau is expected to come through with all theaters undamaged. Several theaters that have closed because of the flood in this territory are expected to reopen within a week to 10 days. Attempt to Deliver Prints To Joplin by Plane Fails Kansas City, Mo. — With highways flooded and impassable, an attempt to deliver films by plane to Joplin was defeated when no landing field could be found. The films were flown back to Kansas City and shipped by train via Jefferson City, more than doubling the normal 100 mile distance in addition to slower pace. Commonwealth circuit suffered the closing of two houses at Monette, Mo.— the Strand and Gillioz. The Ft. Wood theater at Waynesville, Mo., was also closed while the flood was at its crest. Attendance at all Commonwealth houses in the flood area has been severely affected. The towns of Baxter Springs, Kansas, and Harrisonville and Clinton in Missouri, have been isolated by high waters for several days. Mort Nathanson Moves Mort Nathanson, Eastern publicity and advertising rep. for Samuel Goldwyn, has moved his offices to Suite 1906, 1270 Sixth Ave., Circle 6-3545. All other Eastern activities of the Goldwyn organization will continue as before at 729 Seventh Ave. Slee to Chicago for M-G-M Warren A. Slee has been transferred by M-G-M to Chicago where he will handle special promotional activities. He has been exploitation representative in Detroit. Charles Dietz succeeds Slee in Detroit and Robert W. Huffman succeeds Dietz in Denver. TO THE COLORS! * IN OFFICERS SCHOOL * EDWARD R. O'DONNELL, son of Ed O'Donnell, manager of the Marbro Theater, Chicago. HERB LYON, B & K publicity staff, Chicago. * PROMOTED * CAPT. THORNTON FREELAND, USA, Signal Corps, to major. FRED RAY, USA, formerly Lakeside Theater, Chicago, to 1st lieutenant. JOHN DOMBI, USA, formerly operator Brooklawn Theater, Fairfield, Conn., to technical sergeant. CHARLES MOSCOVITZ, USA, formerly Warner publicity staff, to master sergeant. * ARMY * MAX FACTOR, Universal exchange, Chicago. * WAVES * MARY SMITH BANNISTER, Marion Theater, Chicago. Yearns Taxes Up $35,000,000 More Than Double Increase in Companies' Net {Continued creased $4,072,020 when compared with 1941-42 period reports. Actual comparative totals of the annual reports show net profits, before tax provisions, for Columbia, Loew's, Paramount, RKO, 20th-Fox, Universal Pictures and Warners of $94,675,319 in the year ended in 1942, compared with $48,165,004 in 1941. Tax provisions for 1942 totaled $44,936,851; in 1941, $13,708,457 and net profits in 1942 were $49,738,468, compared with $34,456,547 in 1941. Interim estimates for Columbia (26 weeks), Loew's (28 weeks), 20thFox (13 weeks), Universal (13 weeks) and Warners (13 weeks) show total profits before taxes of from Page 1) $30,551,284 in the post annual report periods ending in 1942 and 1943, compared with $15,745,948 in 194142. Tax provisions skyrocketed to $18,814,171 compared with $5,949,204 and net profits totaled $11,737,113 compared with $9,796,644. Paramount estimated its first 1943 quarter net after taxes at $3,560,000 compared with $2,915,000 in the same 1942 period while RKO estimated a net after taxes of $1,925,819 in the initial 1943 period compared with $439,268 last year. Last two did not reveal tax provisions. Total net profits of the interim reports is $17,222,932 in 1942-43 compared with $13,150,912 in 1941-42. ANNUAL, REPORTS ^—Profit Before Taxes—^ 1942 1941 r Tax Provision 1948 1941 , Net ] 1942 'rofit 1941 Col. (a) .$ 2,755,276 $ 698,163 $ 1.143.617 $ 145,420 $ 1,611,659 $ 552,743 Loew's (b) . . 19,065,118 14,881,891 6,932,512 3,747,298 12,132,606 11,134,593 Para . 29,254,858 12,950,767 16,129.422 3,744,725 13,125,436 9,206,042 RKO . 1,470,240 1.005,294 734,000 466,602 736,240 538,692 20th-Fox . . . 18,069.784 7,197,088 7,460,000 2,275,162 10,609,784 4,921,926 Univ. (c) . . . 7,255,531 4,396,499 4,287,300 1,723,250 2,968,231 2,673,249 Warners (b) . 16,804,512 7,035,302 8,250.000 1,606,000 8,554,512 5,429,302 Totals . . .$94,675,319 $48,165,004 $44,936,851 $13,708,457 $49,738,468 $34,456,547 (a) Year ended in June; (b) Year ended in August; (e) Year ended in October. LAST INTERIM ESTIMATES , — Profit Before Taxes — 1942-43 1941-42 Tax Provision 1942-43 1941-42 , Net Profit N 1942-43 1941-42 Col. (a) .$ 2,350,000 $ 1,514,000 $ 1.600,000 $ 777,000 $ 750.000 $ 737,000 Loew's (b) . 15,238,999 8.142,371 8,862,771 2,849,830 6.376,228 5,292,541 Para, (c) . (d) (d) (d) (d) 3,560,000 2,915,000 RKO (c) . . (d) (d) (d) (d) 1,925,819 439,268 20th-Fox (e . 4,636,739 1,491,561 2,885,000 650,000 1,751,739 841,561 Univ. (c) . . 2,152,163 1,518,315 1,016,400 672,374 1,135,763 845,941 Warners (c . 6,173,383 3.079,601 4,450.000 1,000,000 1,723,383 2,079,601 Totals . .$30,551,284 seks; (b) 28 $15,745,948 $18,814,171 weeks; (c) 13 weeks; (d) $ 5,949.204 data not a\ $17,222,932 ■ailable. $13,150,912 (a) 26 w Charter Trolley for Albany Tradeshow of "Canteen" Albany, N. Y. — Showmanship overcomes man-made bans, such as pleasure-driving This was illustrated here when a chartered trolley yesterday brought a flock of exhibs. to and from tradeshowing of UA's "Stage Door Canteen," held at the Delaware Theater. For the first time, local newspapers gave space to a tradeshowing. A cocktail party at De Witt Clinton Hotel attracted a flock of exhibs. subsequent to the tradeshowing. Tunisian Campaign Film Coming from Army Washington Bureau of THE FILM 'DAILY Washington — The picture on the Tunisian campaign being readied for public showing by Cols. Frank Capra and William Keighley — an undertaking involving both the Army Pictorial Service and the Air Force as well as several other Army bureaus — will run to about four or five reels, it is believed. This film is still several weeks away from completion. It will be all in black and white, and will contain no footage not previously made available to the newsreels. Arraign Capone Mobsters In New York City June 8 {Continued from Page 1) poned to sometime in early Sept. The six men indicted are Ralph Pierce, Philip DAndrea, Paul Ricca (known as The Waiter), Louis Campagna (known as Little New York), Charles Goe and Frank Maritote who is also known as Frank Diamond. The indictment against the mobsters alleges that they were implicated with George E. Browne, former president of the IATSE, and his henchman, Willie Bioff, in extorting $1,000,000 from the motion picture industry to prevent a union strike at the studios. The six are also alleged to have obtained money from members of the union. Defense attorney, A. Bradley Eben, said the agreement upon extradition was a victory for the defense. Twenty-Fox Outing On June 30 Twentieth Century-Fox Home Office Family Club will hold an outing at Bear Mountain Park on June 30. Arrangements are being made by a committee consisting of William C. Gehring, Lew Lehr and Norma Steinberg. Abe Goodman, Dan Smolen, Elsie Boland. Collins and Christy Wilbert make up the ticket committee. hcllywccd DIGEST SIGNED JAMES HOCAN, producer-director, termer, Universal. LEON CORDON, producer, 'M-G-M. EMMET LAVERY, seven-year producer-writer deal, RKO. ASSIGNMENTS Skv." £n EDWARD DMYTRYK, director, "China Sky, RKO. WILLIAM SEITER, director, "Ten Percent man," Columbia. SAM NEWFIELD, "Danger— Women at Work," Jack Schwarz-iPRC. GEORGE SHERMAN, producer-director, "Mystery Broadcast" and "Silent Partner," Republic. WILLIAM NIGH, director, "The Man from Washington," Alexander Stern-PRC. CHRISTY CABANNE, director, "Cround Crew," Monogram. KURT NEUMANN, director, "I Was a Criminal," | Monogram. ROBERT Z. LEONARD, director, "Quo Vadis," ■M-C-M. IRVING CUMMINCS, "Pin-Up Girl," 20th-Fox. LELIE GOODWINS, producer, "Adventures of ai Rookie," RKO. LEON GORDON, producer, "Without Love," : "Mrs. Parkington" and "Remember When," • M-G-M. MARK HELLINGER, producer, "The Horn Blows at Midnight," Warners. STANLEY CORTEZ, cameraman, "Since You Went Away," Vanguard. CASTINGS RALPH FORBES, "Frenchman's Creek," Para-, mount; ALBERT DEKKER, "The Story of Dr.! Wassel," Paramount; JEAN CABIN, "Glory" I (temporary title). Universal; MEI LING FOO and MIKE MAZURKA, '-Behind the Rising Sun," RKO; JOAN MORTIMER, "Henry Aldrich Rocks the Cradle," Paramount; EVELYN KEYES, EDMUND LOWE, ALLYN JOSLYN, JOHN HUBBARD and ANN SAVAGE, "Restless Lady," Columbia. Minority Holders Oppose Universal Merger Plan {Continued from Page 1) when hearings were resumed on the fairness of the proposal. The proposed merger also contemplates the settlement of a minority stockholders' action against Universal Pictures Co. The objections centered around the proposed issue of three shares ofi Universal Corp. common stock for each share of Universal Pictures Co. common. It was pointed out that* 457,000 warrants were presently outstanding and that, if the merger were consummated, up to 2,000,000 might i be issued, upsetting the basis for the proposed three-for-one ratio. , Other stockholders took the position that the three-for-one ratio was i based on the presently outstanding 525,000 shares of common, without taking into consideration that approximately 1,000,000 would be out j standing if the 457,000 warrant holders exercised their option to purchase additional shares. Under the proposed plan Universal Corp. is to acquire the business and assets and assume the liabilities of Universal Pictures Co., with the name of the merged organization becoming Universal Pictures Co., Inc. The hearing will be continued today with the court allowing Joseph Nemerov, attorney for more than 5,000 minority shareholders, to speak in opposition to the proposal. DAN 15 HlVf M HZ UN I V CI cl d tN