The Film Daily (1929)

THE ■221 OAILV Wednesday, September 11, 1929 ■ ■^^ALLTUETIMf Vol. XLIX No. 61 Wednesday, Sept. 11. 1929 Price 5 Cents JOHN W. ALICOATE 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 4736 4737 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^es-Noues, 19. Financial STOCK MARKET High Low Close Sales Am. Seat 31 31 31 300 Con. Fm. Ind. .. 25^ 24*6 24^ 9,000 Con. Fm. Ind. pfd. 26*6 25^ 25^ 3,400 East. Kodak 205^ 202 203 800 do rts 5% S'A S'A 20,100 Fox Fm. "A" .. 95*4 94% 94% 3,400 "Keith A-O 35J4 *do pfd 113 Loew's Inc 59*4 59 59 . 300 do pfd 89Ji 89% 89^ 100 *M-G-M pfd 2S'/S Para. F-L 69 68*6 68*6 16,800 Pathe Exch 9% 9A 9*4 1,900 do "A" 19 18*4 19 400 Radio K-O-A 37M 36 36% 15,200 "Stanley Co 40 *Univ. Pict. pfd 9&A Warner Bros 60^' 58*6 58*6 16,500 do rts Vi V* Vt 29,200 CURB MARKET *Bal. & Katz 80 •Columbia Pets 31 Film Insp 3'/2 2*6 3}4 2,200 Fox Thea. "A" ..28 27 28 3.S00 Griffith, D.W. "A" l'A VA 1% 200 Intern. Proj 34'Az 34'Az 34^ 100 •Loew do deb. rts 24 .... •Nat. Scr. Ser 26^4 Nat. Thea. Sup. . 25 25 25 100 Trans-Lux 13% 11 J4 11)4 900 Univ. Pict 20 19% 20 200 *do pfd Vi BOND MARKET Keith A-O 6s 46. 80 80 80 3 Loew 6s 41ww... 106*4 106*4 106*4 1 •do 6s 41 x-war 92 .... Paramount 6s 47 . 98 98 98 5 Par. By. 5%s 51. 99 99 99 2 •Pathe 7s 37 71 CURB BONDS Am. Seat. 6s 36. 79 79 79 8 Warner 6>A2s 28 198 OVER THE COUNTER Roxy "A" 2'6 29 do units 27 30 do com 5 6 Skouras Bros 30 34 United Art 5 10 do pfd 65 75 Univ. Ch. com. ... 2 do pfd 75 85 •LAST PRICE QUOTED 100 MORE OHIO SHOWMEN ENDORSE FRANCHISE PLAN Columbus — One hundred theater owners of central Ohio unanimously endorsed franchise plans of RKO and Tiffany-Stahl at the second of two regional Ohio meetings held here. The third meeting is being held today at Cincinnati. The franchise plan, speakers told the meeting, will solve the problem of the independent exhibitor. The more franchises that are sold, the more opportunity there will be to bring about lower film rentals from other distributors, it was stated. Speakers included H. M. Richey, business manager of the Michigan unit; Carl J. Goe, assistant sales manager of Tiffany-Stahl; Col. E. P Hawkins of RCA-Photophone; Al Mertz of RKO, and William James, president of the Ohio exhibitor unit. At the recent Cleveland regional meeting about 100 exhibitors unanimously endorsed the franchise proposals. UNIFORMS USHERS-DOORMEN, ETC. Style Catalog and Samples on K^uest RUSSELL UNIFORM CO. 1600 B'way. New York. Cor. 48th St. Buffalo Zone Exhibitors to Hold Meeting Friday Buffalo ■ — ■ Exhibitors of this zone meet here Friday to consider the franchise offers of RKO and TiffanyStahl. Charles Hayman of Niagara Falls and Dewey Michaels of Buffalo are sponsors. Charles L. O'Reilley, head of the Theater Owners Chamber of Commerce, New York, Abram F. Myers, president of Allied States Ass'n, and Phil E. Meyer of TiffanyStahl are slated as speakers. ERENCH PRODUCERS AGAIN DEMAND 4J0 I QUOTA Paris — French producers intend to stand pat on their demand for a four to one quota on imports, and leaders of the industry again have asked the government to take steps to enforce the projected quota, and gradually strengthen it to a two to one basis. American distributors' reaction to the four to one agreement is that they cannot operate with a profit on this basis and as a result they have ceased to sell the French market, causing considerable shortage in films here. Suggested proposal of the French Film Syndicate to drop the quota system in favor of raising the import duties is opposed by the Chambre Syndicate. Affiliation Big Question at Wis. Unit Meeting Milwaukee — Question of affiliation is expected to highlight the convention of the Wisconsin exhibitor unit, which today winds up its sessions at Cedar Lake, near here. The franchise proposals of RKO and TiffanyStahl and the new equipment to be offered by RCA-Photophone, also are to be outlined at the meetings. Last winter the affiliation question highlighted a meeting here, which was addressed by leaders of Allied Ass'n and by R. F. Woodhull then president of the M.P.T.OA. No decision was reached on affiliation at the time. England Active on Talkers, Giannini Says on Return The producing industry in England has turned to talkers in wholesale and is making determined efforts to capture a place in the world market for British sound pictures, according to Dr. A. H. Giannini, chairman of the Bank of America who returned from Europe yesterday on the Olympic. His son, Bernard, who was seriously ill in London and who underwent an operation while there, is practically recovered and is now in the convalescent stage. Brilliant Premiere for Swanson Talker in London By ERNEST W. FREDMAN Editor, "The Daily Film Renter" London — Before a notable audience, Gloria Swanson's talker, "The Trespasser," had one of the most brilliant premieres in history here. The star appeared in person at the opening at the New Gallery Kinema, where the picture was acclaimed. Max Stahl Transferred by Educational to Chicago Minneapolis — Max Stahl, veteran Educational manager, has been transferred to Chicago. He has been with the firm nine years, formerly as special representative, two years of which was spent in England. Harold B. Johnson, salesman, has replaced him here. Let Us Solve Your Problems ! 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 The Industry's Date Book Today : Sept. 11 Sept. 12 Sept. 13 Sept. 17 Sept. 28 Sept. 30 Oct. Dec. 7-10 9-10 Meeting of Wisconsin exhibitors. Big Cedar Lake, Wis. Meeting of Ohio exhibitors at Cincinnati. Induction of M. A. Lightman into M.P.T.O.A. presidency at Memphis luncheon Meeting of Michigan exhibitors at Petoskey, Mich. Opening of "The Great Gabbo" at the Selwyn, N. Y. Meeting of exhibitors at Albuquerque, N. M. Opening of "Flight" at the Geo. M. Cohen, N. Y. Meeting of M.P.T.O.A. of New England at Boston. First issue of Hearst Metrotonc News (sound). Annual Golf Tournament of Kansas City exhibitor at Oakwood Country Club. Meeting of S.M.P.E. at Toronto. Meeting of North Carolina exhibitors' unit at Pinehurst. New Bell Laboratory For Sound Picture Work Bell Telephone Laboratories has opened a new laboratory building in New York to be devoted entirely to research and development of sound pictures. The new building is a three story brick structure on Bank St., adjoining the Bell Telephone Laboratories. Among the features of the new laboratory are a review room, sound stage and monitor room. • Artist Animator Wanted Must be experienced on cartoon figures in wash and pen and ink. State past experience, salary, etc. Box A-1SS c/o Film Daily, 1650 B'way., N.Y.C. OKAY! #S»fe "Your trailer service is absolutely 'OK'." Texas Theatre, Nciv Gulls, Tex. "WE NEVER DISAPPOINT' mmiM tABORSTORic? L INCORPORATED i< 220 WEST 42N-D STREET NEW YORK Phone: Wisconsin 6876 ALLAN A.LOWNES. CEN.MCR.