The Film Daily (1933)

VoL IXIII, No. 18 Sat., July 22, 1933 Price 5 Cents JOHN W. ALICOATE : Editor and Publisher Published daily except Sundays and Holidays it 1650 Broadway, New York, N. V ., by Wids's Films and Film Folk. Inc. J. W. Alicoate, President, Editor and Publisher: Donald M. Mersereau, Secretary-Treasurer «nd General Manager; Arthur \V. Eddy, Associate Editor; Don Carle Gillette, Managing Editor. 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. Subscriber should remit with order. Address all communications to THE FILM DAILY, 1-650 Broadway, New York, N. Y., Phone, Circle 7-4736, 7-4737, 7-4738, 7-4739. Cable address: Filraday, 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 NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat 5'/2 3Vi 3'/i — 2'/2 Columbia Picts. vtc. 20 18 18 — 2'4 Con. Fm. Ind 43/8 33A 3y8 — V2 Con. Fm. Ind. pfd... 10% SV& 8% — 1 y4 East. Kodak 8034 69 70y2 — 9% Fox Fm. "A" 3% 23^ 3 — % Loew's, Inc 273'8 19y2 23 —3 do pfd 75 70 70 — 3'4 Metro-Goldwyn, pfd. 19 19 19 — l/2 Paramount ctfs 1 % 1 y2 1 5/8 — i/4 Pathe Exch 1 Va 1 ]A 1 14 — % do "A" 7l/2 43/8 5V2 — 2V8 RKO 37s 2i/2 25/8 — 1% Warner Bros 6'/i 33^ 5 — n2 do pfd 17 17 17 — 1 1/4 NEW YORK CURB MARKET Columbia Pets. Vtc. 20 20 20 — 2'4 Gen. Th. Eq. pfd.... % 11-16 % —1-16 Technicolor 8'/8 7% 714 — V? Trans-Lux 25/8 214 2V4 — Vi NEW YORK BOND MARKET Gen. Th. Eq. 6s40. 7'/2 5 5V2 — 1 % Gen. Th. Eq. 6s40 ctfs. 6 5 5 — 1 14 Keith A-0 6s46 55 547/8 55 2'/2 Loew 6s 41ww 81 V2 79% 81 — 1% Paramount 6s 47 283/8 21 V8 25 3 Par. By. 5V2s51 36 33 33 — 4 Par. 5V2s50 28 20 22% — 6% Warners 6s39 35'/2 30 32 3 N. Y. PRODUCE EXCHANGE Para. Publix 13^ 114 ] y2 ELEANOR HOLM "Tarzan of the Water" Direction — Leo Morrison fi^ Stanley-E.R.P.I. Decision Deferred by Federal Court (.Continued from Page 1) week the court will accept either one of the two decrees submitted by counsel or write a decree of its own. The question arose over the matter of enjoining service charges on talking picture apparatus installed in the 47 Stanley houses. Recently the court handed down an opinion holding that the part of the agreement between Stanley a»d E.R.P.i. which required the theaters to purchase replacement parts from E.R.P.I. was a violation of the antimonopoly act, and granted a preliminary injunction. Yesterday the court was ready to enter a decree in line with its opinion* but counsel for complainants and defence were unable to agree on the form of decree. Counsel for the defence held that the decree should not enjoin imposition of the servicing charge, pending tinal hearing of the case. The servicing charge on talkie equipment in the 47 Stanley houses amounts to about $1,100 a week. Counsel for the defendants held that imposition of the servicing charge would affect a total of about 5,500 theaters that have installed the equipment. Both sides presented forms of decree to the court. DAILV Warner Reduces Loss 50% Under Last Year (Continued from Page 1) tization and depreciation of properties was $425,795.46. During the period deficit account was credited with $93,624.08, profit on redemption of bonds of subsidiary companies, and was charged with $191,134.17, loss on sale or abandonment of property and writedown of investment in an affiliated company. The financial statement shows current assets of $13,873,466.31, including $2,738,795.44 in cash, and current liabilities of $11,959,032.45. All bank loans were paid off prior to May 27, 1933, and the company has anticipated the retirement of Optional 6^ Convertible Debentures required for the purchase fund on August 1, 1933. Independent Federation Will Be Permanent Unit (Continued from Page 1) tentative program of which follows: Opening address by a man in public life whose impartial interest in the film industry is unquestioned. Welcome and registration of delegates. Organization and appointment of conference committees by President P. S. Harrison. Reading and analysis of Codes of Practice now drafted with consideration to their effect on the future of the independent interests of the industry, if they should be accepted as now presented. Luncheon. Reading of the proposed independent distributors' code as made up in a draft incorporating the requirements of the independent distributors as presented in each organization's draft. Reading and consideration of the proposed code for the independent producers as presented by such organizations. Reading and consideration of the proposed code of the independent exhibitors as presented by the delegates of such exhibitors organizations. Reading and consideration of the proposed codes of all affiliate branches of the Motion Picture Industry. Banquet at 7:30 o'clock, July 31. On the second day of the convention, morning session will open with a discussion and ratification of the final draft of the distributors' code. Discussion and ratification of the final draft of the producers' code. Luncheon. Discussion and ratification of the final draft of the theater owners' code. Discussion and ratification of the final draft of codes of all Affiliates. "FAITHFUL" FOR MAYFAIR Broadway premiere of "The Faithful Heart," starring Herbert Marshall and Edna Best, will be at the Mayfair, instead of the Rialto as inadvertently stated yesterday. This is the first release by Phil Meyer of Helber Pictures. 48-Hour Working Week In M. P. Academy's Code (Continued from Page 1) considering the spreading of work hours, minimum wages for extras and low bracket employes, penalty for overtime, no centralized booking office, and other measures. Other clauses in the code include protection of small producers, elimination of unfair trade practices in production, distribution and exhibition, elimination of the practice of using temporarily off-,pay studio workers as extra, protection of individuals' rights under fair competition and safeguarding of showmanship values. Coming and Going LAURENCE OLIVIER, signed by M-G-K play opposite Greta Garbo, has arrived in n York on his way to Hollywood. JILL ESMej his wife, is with him. HARRY GRAHAM, district manager for I versal in Kansas City, and WILLIAM HE MAN, western division representative, fle»| New York this week for conferences. MORT BLUMENSTOCK of the Warner fil returned yesterday from Pittsburgh, wherr was engaged on the "Voltaire" opening c paign. BENITA HUME, British actress now in Hi wood, is expected in New York next ml on her way to London to marry Jack [] fee, sportsman. JEANETTE MACDONALD, who is retur from abroad aboard the He de France, an in New York on Tuesday. AL SCHWALBERG, in charge of Wa branch operation, returned yesterday i Dallas. HALL MADE B. & H. VICE-PR1 Fred M. Hall has been elec vice-president of Bell & Howell ( Chicago motion picture equipmmanufacturers, and will have chai of the eastern offices with headqu ters in New York. Hall has b» with the company five years. "MASQUERADER" RELEASJ General release date of "The Ml querader," Goldwyn picture starr Ronald Colman, has been postpoi from Aug. 18 to Sept. 1, it is ; nounced by Al Lichtman of UniArtists. Now Accepting Dates WARNING! ■Do not confuse with the so-called war pictures. 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