The Film Daily (1929)

THE Vol. XLIX No. 14 Wednesday, July 17, 1929 Price 5Gents JOHN W. AllCOATE PUBLISHER Published daily except Saturday and holidays at 1650 Broadway, New York, N. Y. and copyright (1929) by Wid's Films and Film Folk, Inc. J. W. Alicoate, President and Publisher; Maurice D. Kann, Vice-President and Editor; Donald M. Mersereau, Treasurer, Business and Advertising Manager. Entered as second class matter, May 21, 1918, at the post-office at New York, N. Y., under the act of March 3, 1879. Terms (Postage free) United States outside of Greater New York $10.00 one year; 6 months, $5.00; 3 months, $3.00. Foreign, $15.00. Subscribers should remit with order. Address all communications to THE FILM DAILY, 1650 Broad way, New York, N. Y. Phone Circle 47364737-4738-4739. Cable address: Filmday, New York. Hollywood, California — Ralph Wilk, 6425 Hollywood Blvd. Phone Granite 6607. London — Ernest W. Fredman, The Film Renter, 89-91 Wardour St., W. I. Berlin — Karl Wolffsohn, Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la Cour-des-Noues, 19. Financial STOCK MARKET High Low Close Am. Seat 33 33 33 Con. Fm. Ind. pfd. 25 H 2S'A 2SA East. Kodak 200% 197M 19854 *do pfd 128 Fox Fm. "A" ... 9314 90A 91 ♦Keith A-0 40 do pfd 118 117 y2 117'A Loew's, Inc 59% 57 58% do pfd 95% 95% 95% M-G-M pfd 24% 24% 24% M. P. Cap 55% 54% 55% Para. F-L 69% 65% 68^ Pathe Exch 9M 8% 9% do "A" 21J4 18*4 20 Radio K-A-0 39^ 37% 38 ♦Stanley Co 40 ♦Univ. Pict. pfd 98% Warner Bros 63 59% 61 A do pfd 55% 52% 55 CURB MARKET Acoustic Prod. ... 5% 5 5% Bal. & Katz 71 71 71 Columbia Pets. ... 34% 34% 34% Con. Fm. Ind. .. 2'2% 22% 22% ♦Film Insp 2 Fox Thea. "A" .. 27% 26% 27 ♦Griffith, D.W. "A" 1% Intern. Proj 30% 29% 30% ♦Loew do deb. rts 24% Nat. Scr. Ser. ... 28% 27% 27% Nat. Thea. Sup. . 2'2% 22 22% Trans-Lux 11% 10% 10% ♦Univ. Pict 20% ♦do pfd 1 BOND MARKET Keith A-0 6s 46.. 90% 90% 90% Loew 6s 41ww ..108 108 108 do 6s 41 x-war.. 97 97 97 Paramount 6s 47 .98% 98 98 Par. By. 5%s 51. 98% 98 98% Pathe 7s 37 72 71 72 CURB BONDS Am. Seat. 6s 36. 86% 86% 86% ♦Warner 6%s 28 198 OVER THE COUNTER Roxy ''A" 26% 27% .... do units 27% 29% do com 2% 3% .... Skouras Bros 33 38 .... Technicolor 88 91 United Art 5 10 do % pfd 70 80 .... Univ. Ch. com. . . 2 do pfd 75 85 ♦LAST PRICE QUOTED Sales 600 2,100 1,300 10,166 'ioo 5,100 100 100 1,300 94,100 7,700 2,900 29,600 46,800 500 9,300 100 800 600 10',200 16,666 3,400 900 1,700 New Operator Service Supplied by Universal As an assistance to operators, H. M. Messiter, in chargre of sound activities of the Universal exchanges, is supplying operators with a volume control and change over sheet on all Universal sound pictures. The necessity for such a service is based on the fact installations vary so radically and operators are not all as experienced as they might be. The volume control and turn over sheet started with "Show Boat," is now in every exchange and will go out from now in all reel boxes of "Show Boat." Sheets have been supplied for "Broadway" and the service will be used on all Universal sound pictures from there on. James Bradford has been doing the musical and mechanical end of this sheet. The directions consist of variations from the normal in the fader settings, normal being the volume generally used in theaters. Cox Succeeds Steele as 'U' Exchange Supervisor (Continued from Page 1) ing Charles M. Steele, whose resignation was forced because of ill health. Steele leaves the end of the week for Michigan to recuperate. Cox assumes the new post July 30, states Sales Manager M. Van Praag, who made the appointment. Atlanta Council Heads Want City to Stay "Blue" Atlanta — The city council here will petition the legislature not to pass the bill providing for Sunday picture shows in Bibb County. Radio Cinema Vision Corp. Formed to Make Talkers Interests identified with Stations WOR and WMCA and Paul Block, Inc., newspaper chain owners are understood linked in formation of Radio Cinema Vision Corp. to produce talkers of acts and numbers broadcast over a chain of 48 stations throughout the United States. Alfred J. McCosker of WOR, Donald Flamm and Marian Gilliam of WMCA, Herman Halsted of Paul Block, Inc. and Malcolm Strauss are the leading factors. Strauss will be in charge of production. The company declares it plans its own exchanges. The Industry's Date Book $5 a Share Earnings for F. P. Canadian Seen Montreal — Earnings of around $5 a share on the common are expected to be reported by Famous Players Canadian Corp., for the fiscal year ending Aug. 31. This would compare with $1.44 on the 320,000 shares outstanding in the year ended Aug. 25, 1928. The common is to be placed on a regular dividend basis in September. The firm has 155 theaters in Canada, which are being added to at a rapid rate. Signs 5 Year Franchise for First Nat'l Product Cleveland — The First National exchange sold its first five year franchise to Carl Miller of the Strand and Freemont at Freemont, O. Another Cleveland Meeting Cleveland — A second July meeting of the Cleveland M. P. Exhibitors' Ass'n was held yesterday. Operating policies for the coming season are being formulated. Wiring Willoughby House Willoughby, O. — Western Electric equipment is being installed in the Willoughby theater and will be in operation July 21. Loew's Quarterly Dividend Quarterly dividend of $1.62'j4 a share on the outstanding $6.50 cumulative preferred, has been declared by Loew's payable Aug. 15. No Change in Personnel of F. & R. Chain Planned (Continued from Page 1) executives continue in their present capacities, under Publix guidance. Harold Finkelstein is general manager of the chain, Eddie Ruben is in charge of film buying. Today: Second day of annual convention ol western managers of Famous Players Canadian Corp., Vancouver. Special meeting of Cleveland exhibitor unit. Testimonial dinner to Sid Grauman, Los Angeles. July 22-23 Golf tournament and picnic of exhibitors and distributors at De Moines. July 23-25 Convention of Rocky Mountain States exhibitors at Denver. Film golf tournament of exhibitors and distributors at Minneapolis. First issue of M-G-M International News (silent). First issue of Universal Newsreel (silent). First issue of Paramount Sound News. Golf tournament of exhibitors and exchangemen at Seattle. First issue of Hearst Metrotone News (sound). 0: >es ain July 26 July 27 July 31 Aug. 1 Aug. 7 Sept. 28 No Change in Denver Lease Denver — Reports in circulation that a new leasehold on the property om which the America stands will affect the status of the theater are denied by Harry E. Huffman. His lease, | he declares, runs until 1934. Russian Film Previewed "Love in Nature," a Russian biological film, received a private showing before a group of American scientists. This film is one of the series of Russian scentific films to be distributed in the United States through the Anikino Corp. Steffes in New York W. A. Steffes, president of the Northwest exhibitor unit, Minneapolis, is in New York. Gloria Swanson Going Abroad Gloria Swanson, "The Trespasser"! completed, has left Hollywood fori New York, Paris and London. The star sails Aug. 2 from New York. She will arrive in Paris on Aug. 8 and there join her husband, the Mar, quis de la Falaise de la Coudraye. Grauman Testimonal Tonight West Coast Bureau, THE FILM DAILY Los Angeles — Jack Benny and Frank Fay will share honors as masters of ceremony at the testimonial dinner here tonight to Sid Grauman. 100% SERVICE! "Wish to advise that your trailers are very satisfactory, and your service supplying same is 100%." Princess and Gem Theatres, Oconto, Wis. Long Island Houses Sold The Roslyn and the Roselle Park at Roselle Park, L. I., have been leased Isadore Siegel to the Roselle Amusement Corp. through Adolph Sofferman. Let Us Solve Your Problems I Over 20 Years of Experience Qualifies Us as Specialists in MOTION PICTURE INSURANCE Stebbins, Leterman & Gates INCORPORATED 1540 B'WAY N.Y.C. TELEPHONE BRYANT 3040 'WE NEVER DISAPPOINT' [RJHlflWFIlH ffiWlfiUW INCORPORATED 220 WEST 42N_D STREET NEW YORK Phone: Wisconsin 6876 ALLAN A.LOWNES. CEN.MCR.