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THE
■a&H
DAILY
Vol.LXy, No. 15 Thurs., Jan. 18, 1934 Price 5 Gents
JOHN W. ALICOATE ; Editor and Publisher
Published daily except Sundays and Holidays it 1650 Broadway, New York, N. Y., by Wid's Films and Film Folk, Inc. J. W. Alicoate, President, Editor and Publisher; Donald M. Mersereau, Secretary-Treasurer ind General Manager; Arthur W. 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 Statei outside of Greater New York $10.00 one year; 6 monthf, $5.00; 3 months, $3.00. Foreign, $15.00. Subscriber should remit with order. Address all communications to THE FILM DAILY, 1650 Broadway, New York, N. Y., Phone, Circle 7-4736, 7-4737, 7-4738, 7-4739. 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— Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la CourHe«-Nouei, 19.
FINANCIAL
NEW YORK STOCK MARKET
Net
High Low Close Chg.
Am. Seat 4% 4V4 4%
Columbia Picts. vtc. 25 24i/2 24 Vi — Vi
Con. Fm. ind 3% 3y4 314
Con. Fm. Ind. pfd.. 1278 12Vz 123,4 + i/8
East. Kodak 86 84% 85 y4 + %
Fox Fm. "A" 14i/8 13% 14
Loew's, Inc 275/8 26% 27i/4
Paramount ctfs 3% 2% 3y8 -4 14
Pathe Exch 2 1% 1% — 1/4
do "A" 121/4 12 12
RKO 234 2% 25/8
Warner Bros 6V4 5% 6
NEW YORK CURB MARKET
Technicolor 9% 9 9% + %
Trans-Lux 2% 2]A. 2l/2 — i/g
NEW YORK BOND MARKET Gen. Th. Eq. 6s40... 5% 5% 5% 4 Vi Gen. Th. Eq. 6s40 ctfs. 5% 5Vi 5% + l/4
Keith A-0 6s46 56y2 56 56 + \l/4
Loew 6s 41ww 8934 88% 89 — 1
Paramount 6s47 ctfs. 40 39 39
Par. By. 5'/2s51 . . . . 40 373/8 39 + VA Par. By. 5i/2s51 cHs.. 37l/2 37l/2 37'/2 + ll/2 Par. 5V2s50 ctfs.... 40 38 39 + 34
Warner's 6s39 47 45 46 y2 + 1 1/2
N. Y. PRODUCE EXCHANGE SECURITIES Para. Publix 314 27/8 3 + y4
Mono. Leases Studio Space For Spurt in Production
West Coast Bureau of THE FILM DAILY Hollywood — To accommodate the four Monogram productions being placed in work this month, Trem Carr has closed a deal with the Metropolitan Studios for extra space. With the resumption of production activity yesterday, Monogram started "The Loud-speaker," a W. T. Lackey picture directed by Joseph Santley and featuring Ray Walker. The other three to start soon are "Numbers of Monte Carlo," "Manhattan Love Song" and "Jane Eyre."
Walter Connolly Loses Mother
Mother of Walter Connolly, stage and screen actor, is dead.
Jersey Exhibs to Fight Tax
Trenton — New Jersey independent exhibitors under leadership of Allied Theaters of New Jersey are organizing to protect their interests in connection with the general sales tax pending in the Legislature. The matter was discussed at a meeting of the Allied unit at the Stacey Theater on Tuesday.
S.M.P.E. Cuts Fees
In Membership Drive
Coincidental with a national drive for new members, the S. M. P. E. board of directors, at a meeting scheduled for tomorrow at the Hotel Pennsylvania, will reduce membership fees. Two classes of memberships will be supplemented by a third. Under the revised plan, the new class will be known as "fellows," with a fee of $20 annually. Active members will pay $10 and associate members $6. E. R. Geib of National Carbon is chairman of the membership committee.
The society's projection practices committee will meet Jan. 24 with Harry Rubin, chairman, in charge.
Colin Clive Under New Management
Colin Clive, now appearing with Katharine Hepburn in 'The Lake," Broadway play, has been placed under management of the Leo Morrison office by Joe Rivkin. After the show closes, CHve will go to Hollywood for pictures.
Legit Managers Reject Clause on Film Rights
Legitimate managers signatory to the basic agreement with the Dramatists Guild have rejected the clause in the legit theater code dealing with sale of film rights. The clause would have permitted managers to share in the sale of picture rights even when a play fails to run three weeks on Broadway but would require that at least $500 advance royalties be paid on contracting for any play, to be returned under no conditions. The current agreement stipulates that the managers can share equally with the dramatist in the sale of picture rights only when the play runs for three weeks on Broadway and fixes no minimum advance royalty. The alternative action of the managers was rejected by the board of the Dramatists Guild.
Fox Releasing Jungle Film Feb. 16
"Devil Tiger," made by Clyde E. Elliott in the Far East jungles, will be nationally released Feb. 16 by Fox. Marion Burns, Kane Richmona and Harry Woods head the cast. James O. Spearing wrote the story and Truman Talley edited the picture.
Ruth Roland in Publicity Agency
West Coast Bureau of THE FILM DAILY
Hollywood — ■ Ruth Roland and David Arlen have organized International Publicists, Ltd., to represent screen personalities. Offices have been opened in the Pantages Theater Building.
Payette Names Sub-Committees
Washington Bureau of THE FILM DAILY Washington — J. J. Payette, chairman of the theater owners committee of the District of Columbia for the Celebration of the President's birthday, has appointed a sub-commitee on production consisting of Carter Barron and Guy Wonders, and another on publicity including Hardie Meakin, RKO; Lou Browne, Loew's; Frank La Falce, Warners, and Rodney Collier, Universal. A benefit show will be given at the Fox theater, with proceeds going to the fund to establish an infantile paralysis sanitarium at Warm Springs, Ga.
Diamond Heads Para. Music Unit
Famous Music Corp., now wholly owned by Paramount as the result of negotiations recently concluded with Warners, elected the following officers: president, Lou Diamond; vice-president, Walter B. Cokell; secretary, Norman Collyer; assistant secretary, James S. Polk. Board of directors includes Lou Diamond, James S. Polk, Walter B. Cokell and Sidney Justin.
Sam Silver Opening New House
Sam Silver, real estate operator who controls the Edison Theater at 107th St. and Broadway, is opening a new de luxe house, the Sutton Playhouse, 205 East 57th St., in the fashionable residential district. Silver has arranged with RCA Victor for installation of Photophone High Fidelity sound equipment.
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TWO LITTLE WORDS THAT MEAN A GOLD MINE FROM WARNER BROS.
Thursday, Jan. 18,1934
Jp&hlimkL 1
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