The Film Daily (1927)

ML THE NEWS ALL THE TIME iRNERS ANTICIPATE $1,000^00 PROFIT J-eign Rentals Expected |To Bring $2,000,000 This Year ariKT Bros, estimate net income pictures, exclusive of profits Vitaphone and from foreign busi w ill approximate $1,000,000 in seal year ending Aug. 31, 1927. r report for the year ending :h 31, 1920, showed a deficit of 7,820 attributed to costs inciden establishing their own distri n system and production. This {Continued on Page 2) 'itaphone Set in Cleveland ftveland will hear and see Vitatie. Martin Printz oj the Circle infracted for the installation of tone and the Vitaphone Corp it will prove that Vitaphone Id raw capacity houses. Applicator the installation of Vitaphone been received from many other rs in Cleveland. The foresight rintz won for him the privilege st showing Vitaphone in Cleve | ank Leases Iowa House lar Rapids — A. H. Blank Enterwill lease a $700,000 theater g 2,500 which will be erected at We. and Second St. It will be next October. $1,200,000 Bond Issue nneapolis— A $1,200,000 bond iss planned by the Minneapolis ter Co. in connection with the seat house which will be erect9th St. and La Salle Ave., and i has been leased to Publix for ears at an annual rental of Doo. ew Plans Atlanta House anta — Construction of an $8,0 theater building project on site of the Grand Bldg. and 's Grand, Pryor and Houston is planned by Loew. The will seat between 3,300 and ady for Laemmle Dinner V:h the list of guests growing (plans for the banquet to be in honor of the 60th birthday rl Laemmle at the Biltmore on SEATING CORP. SALES $10,000,000 IN 1926 Dividend Of $6 Per Share May Be Declared For That Year Sales for the year 1926 are estimated in excess of $10,000,000 in the annual report of the American Seating Corp., which will be published soon. Net profits for the nine months to Sept. 30, 1926, totaled $967,096, as compared with net profits of $730,195 in the same period in 1925. The report shows that for the nine (Continued on Page 4) Settling Down With the past year a period of building and acquiring new properties, Famous will devote the first half of 1927 to settling down and consolidation, says "The Wall Street Journal." Although earnings will probably show a steady growth from the first of this year, real results of (Continued on Page 2) Five Embryo Stars Los Angeles — Five new young players are "definitely on their way to stardom" under the Famous banner, said B. P. Schulberg yesterday. They are Ann Sheridan, Sally Blane, (Continued on Page 2) Arthur Loew Going To Coast Arthur Loew is en route to the Coast in connection with M-G-M production. Later he will go to South America in the interests of the 44 theaters acquired in Brazil by his company. Enright Made Director Hollywood — Warners have promoted Ray Enright, film cutter, to director. His first assignment will be "Tracked by the Police," starring Rin-Tin-Tin. Lesser to Build Three Los Angeles — Sol Lesser, will build legitimate houses in Hollywood, Los Angeles and San Francisco. The first will be built in Hollywood on Hollywood Blvd. Schine's Adding to Chain Saranac Lake, N. Y. — Management of the Pontiac has passed into new hands as the sale by the Pontiac Theater Corp. to the Schine Enterprises, Inc., of Gloversville, went into effect. "Lab" Deal On Consolidated Film Industries, Inc., have opened negotiations with the Hirlagraph M.P. Corp., which operate the Hirlagraph laboratory at Fort Lee to take over the plant. In the event that the deal goes through, Charles Hirlaman, president of Hirlagraph will remain in charge under a contract covering a period of several years. Oregon Reorganizes Portland, Ore. — The M. P. League of Oregon has reorganized under the name of Oregon Theaters Ass'n. Exchanges will be invited to affiliate as associate members. The membership fees plan calls for an initial payment of $50 and a monthly assessment in proportion to the seating capacity. Accordingly, all houses having under (Continued on Page 4) Plan Glean-Up Week Plans are being made by the Hays' office for cooperating in the observance of Fire Prevention Clean-Up Week which takes place the third week in April under the auspices of the National Fire Protection Assn. The organization is represented on the national committee by Hickman Price. Exchanges and exhibitors will be asked to assist in a general cleanup campaign. Exchange employees will probably be addressed on the topic. Criticizes Critics Daily newspaper critics were "panned Bushman, speaking A.M.P.A. luncheon, guests included Lois Parker, Paul Meye "Theater Magazine" man. He said it is a (Continued on and magazine by Francis X. at yesterday's where other Wilson, Albert r, publisher of and Felix Or most impossible Page 4) Projectro Corp. Re-Elects International Projector Corp., directors, who have been re-elected, have again named the same officers for the company. Its by-laws were amended to change the date of the annual meeting from the second Tuesday in January to the third Tuesday in March. Spence Titling Moore Picture Hollywood — Ralph title Colleen Moore's "Orchids and Ermine. Spence will latest picture, PUBLIX HOLDS FIRST REGIONAL MEETING Managerial Conferences' Are Planned For Four Other Cities Publix yesterday opened the first of a series of five regional managerial conferences, the meeting taking place at the Roosevelt, New York, with Sam Katz and various home office executives in attendance. Those present include: Michael Shea and Vincent R. McFaul, Shea's Buffalo, Buffalo; Charles M. Pincus, Olympia, New Haven; R. E. Crabill, Vernon Gray and John McGrail, Metropolitan, Boston; George C. Walsh, Strand and Hamilton, Yonkers; Edward Zorn, Liberty and Bardavon, Poughkeepsie; Charles R. Hammerslough, Academy, New(Coutinued on Page 5) Pantages Adds Another The Pantages Circuit has augmented the steadily increasing chain of theaters with the acquisition of the Pantages here. Lieber to Address London Via the radio telephone Robert Lieber, from First National headquarters, will address a sales meeting of his United Kingdom force at 10 o'clock this morning at the London office, 37 Oxford St. About 200 salesmen will hear the address. Fire Loss $150,000 Estimate was made yesterday that damage approximathv, $150,000 was caused by the fire which damaged Fox's Audubon, Broadway at 165th St. Unlike the situation at the Laurier Palace, Montreal, last Sunday night, the patrons numbering 800 walked out calmly when two officers, passing through the aisles, advised them to leave. Another for Schine Geneva, N. Y. — The Smith here has been bought by the Schine interests which controls the other two local theaters. B. B. Gustadt continues as manager. The house will be remodeled and the seating capacity increased to 1,500. "U" Buys Madson Story Los Angeles — Universal has bought "Muldoon's Picnic," an original by James Madison.