The Film Daily (1939)

the DAILY Tuesday, January 17, 1939 Selling Vol. 75, No. 11 Tues., Jan. 17, 1939 lOCents JOHN W. ALICOATE Publisher DONALD M. MERSEREAU : General Manager CHESTER B. BAHN :::::: Editor Published daily except Saturdays, Sundays and Holidays at 1501 Broadway, New York, N. Y., by Wid's Films and Film Folk, Inc. J. W. Alicoate, President and Publisher; Donald M. Mersereau, Secretary-Treasurer; En tered as second class matter, Sept. 8, 1938, it 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, 1501 Broadway, New York, N. Y. Phone, BRyant 9-7117, 9-7118, 9-7119, 9-7120, 9-7121. Cable Address: Filmday, New York. Hollywood, California— Ralph Wilk, 6425 Hollywood Blvd., Phone Granite 6607. London — Ernest \V. Fredman, The Film Renter, 127-133 Wardour St., W. I. Paris— P. A. Harle, La Cinematographie Francaise, Rue de la Courdes-Noues, 19. Mexico City — Marco-Aurelio Galinde, Depto. 19, 5A, Dr. Lucio No. 102, Mexico, D.F. Buenos Aires — Chas. de Cruz, Heraldo Del Cinematografista, Corrientes 1309. f innncini NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat Columbia Picts. vtc. 13% 1334 13% + Va Columbia Picts. pfd Ccn. Fm. Ind V/& 1% 1% + Vs Con. Fm. Ind. ptd... 105/8 105/8 105/8 + 5/8 East. Kodak 181 Vi 181 y2 181 Vi — Va do pfd Gen. Th. Eq 14V2 14 14 + l/8 Loew's, Inc 50 49% 50 do pfd Paramount 12% 123/8 123/8 — l/4 Paramount 1st pfd. 100 100 100 + Vl Paramount 2nd pfd rathe Film 10V4 10 10 — l/2 RKO 2>/2 23/8 23/8 — i/8 20th Century-Fox ... 23 '/2 23 Vs 23 V4 — 3/8 20th Century-Fox pfd Univ. Pict. pfd 65 65 65 Warner Bros 6 6 6 do pfd NEW YORK BOND MARKET Keith A-0 6s46 Loew 6s 41-ww 100 100 100 — Va Para. B'way 3s55 56'/2 56'/2 56'/2 + Vi Paramount Picts. 6s55 100 100 100 Para. Picts. cv. 3 V4s47 86'/2 86V2 86 '/2 — Vi RKO 6s41 Warner's 6s39 91 1/2 91 91 —1 NEW YORK CURB MARKET Monogram Picts. ... 3 2% 2% — Vs Sonotone Corp 1% \3/s i3/8 — y8 Technicolor 21 % 21 21 + % Trans-Lux Universal Picts N. Y OVER-THE-COUNTER SECURITIES Bid Asked Pathe Film 7 pfd 98 101 Fox Thea. Bldg. 6 Vis 1st '36 4'/2 53/4 Loew's Thea. Bldg. 6s 1st '47 92'/2 94'/4 Met. riayhouse. Inc., 5s '43 68'/2 70'/2 Roxy Thea. Bldg. 6'/4s 1st '43 67 69 SAFETY LLOYDS FILM STORAGE CORP. Storage by Reel or Vault 729 Se»enth Afe. New York City BRyant 9-5600 SECURITY Pix . and "Ten Best*" (Continued from Payc 1) no rise-and-fall in attendance as picture quality fluctuates. The company which "shoots the works" only when it has a really good picture stands to get value received and more, for each advertising cent spent. And on the other hand, the company which flagrantly disregards the showman's formula must inevitably find itself sharing the unhappy fate of the fabled youth who cried, "Wolf! Wolf!!" If you feel a reminder may be necessary during the new year, clip the 1938 "Ten Best," attach the formula, "Big pictures, plus big selling, equals big profits" and frame. Monogram to Celebrate Johnston Jubilee Year W. Eay Johnston's 25 years in the motion picture business will be celebrated next month and Monogram's 36 branches are preparing to enlist exhibitors all over the U. S. to participate in an anniversary jubilee. While Monogram, of which Johnston is president, has been operating under its reorganized setup only two years, more than 6,000 accounts have been sold and indications are that the company will reach its 1939 goal — a sales quota of more than $6,000,000, it was announced yesterday. Phil Fox Bachelor Dinner Attracts Execs, to Albany Albany — Boston and New York film officials came to the DeWitt Clinton Hotel last night to join with 150 local area pix people in honoring Phil Fox, Columbia branch manager, at a bachelor dinner. Toastmaster was Dave Miller of Univeral, and spielers included Si Fabian, Louis Schine, Myer Schine, Moe Silver, Harry Rogovin and Abe Montague. Local committee was headed by Moe Grassgreen of 20th CenturyFox, assisted by Al Kellert of Station WOKO, Ben Goffstein, circulation manager of The Times-Union, and Neil Hellman, indie exhibitor who operates the Royal and Paramount here in conjunction with his father. Fox is to marry Miss Ida Pearlstein of Boston late this month. "Jesse James" Continues "Alex" Pace at N. Y. Roxy Holding its opening pace at the Roxy, "Jesse James" was ahead of he opening day attendance on Friday late yesterday afternoon, and it is expected to hold an even pace with the records set by "Alexander," having topped the "Alex" attendance mark for Saturday. Picture was expected to have hit attendance total over 100,000 at end of day yesterday, with new schedule set to open doors an hour earlier in the morning. More than 1,600 people were in line yesterday when doors opened. Hutchinson Defers Trip to Studio for Parleys Coast trip to Walter J. Hutchinson, 20th-Fox director of foreign distribution, has been indefinitely postponed, it was learned yesterday. He was scheduled to attend several studio conferences with Francis L. Harley, company's United Kingdom head, and Ben Miggins, continental manager, who are en route to the studio now from Florida, Fewer Film Companies Formed In N. Y. In 1938 Albany — Stock companies incorporated in New York for 1938 totaled 15,649 as against 17,455 in 1937, according to figures released for publication by the Department of State. Total capitalization for 7,529 of the year's formations reached $214,924,346, with 8,120 electing in their charters to issue stock of no par value. Incorporations of motion picture -oncerns dropped from 1937, but no figures were released by the Secretary of State as to the percentage of number. IATSE Executive Board Meets In Miami Monday The IATSE has set Monday as the opening day for its Miami Executive Board conclave, with New York delegation leaving here on Saturday to attend the two-week session. Those who will attend include George E. Browne, prexy, Louis Krouse, James Brennan, Richard Walsh, William Covert, Harland Holmden, Floyd Billingsley and Roger Kennedy. "Wings of Navy" Gets 6-Ply World Premiere Warners' home office announced yesterday six simultaneous world premieres of "Wings of the Navy" will be given on Feb. 3 in Washington, Pensacola, San Diego, New York, Los Angeles and aboard the aircraft carrier U.S.S. Lexington. Excepting the showing at sea, a member of the film's cast will be present. National release is Feb. 11. Charlie Einfeld is laying out a national advertising, publicity and exploitation campaign to coincide with the premieres. Labs, to Meet With 702 Negotiating committee of Local 702 of the laboratory technicians' union is scheduled to meet with representatives of De Luxe and Consolidated Laboratories today in the first of a series of meetings to discuss a new contract. cominc flriD come WILLIAM F. RODGERS, M-G-M sales head, CRAD SEARS, Warner sales head, and A. MONTAGUE, Columbia sales chieftain, were in Washington yesterday to confer with the Allied trade practice negotiating committee. _4^ OSCAR MORGAN, Southern divisiuctiofcales manager for Paramount, returned yesterday from a visit to Dallas and Oklahoma City. PHILIP E. HILL, of Fhilip Hill and Partners, English investment house, LUDVIG LAWRENCE European manager for M-G-M, ANDRE ALGAZY, film producer, JACK OAKIE and his wife. MARGARET LOCKWOOD, SYDNEY CHAPLIN, IRENE BORDONI, and MR. and MRS. LEE TRACY, arrive tonight on the lie de France. LOUIS R. GOLDING, Albany district manager for the Fabians, and his family, are vacationing in Miami. EDWARD MILLER, manager of Warners' Hippodrome in Cleveland, LOU MILDER, manager of Warners' Variety and CHARLES ALBERT, of the theater booking department, have sailed on a West Indies cruise. M. N. GRASSGREEN, branch manager for 20th-Fox in Albany, and his wife, leave for Miami the end of this week. WILLIAM N. SKIRBALL arrives today from Europe. HARRY HELLMAN, owner of the Paramount and Royal Theaters in Albany, and his wife, are vacationing in Miami. OLIVIA DE HAVILAND, ERROL FLYNN, GEORGE BRENT and BRUCE CABOT leave the Coast this week to attend the President's Birthday Ball in Washington the night of Jan. 30. Doubt Sales Tax Passage Albany — Well-informed sources here are taking stock of a statewide 2 per cent sales tax with more than the proverbial grain of salt. Few of the New York City legislators, with 62 Assembly seats and 24 Senate districts, are believed to be ready to support the legislation. More Premiums in Chi.? Chicago — With the new Cine theater adopting premiums, B & K is reported to be planning additions to the "premium circuit" in the 3pring. Best wishes from THE FILM DAILY to the following on their birthday: JANUARY 17 Carl Laemmlc Noah Beery Mack Sennett Nils Asther Budd Getschal Grant Withers Patsy Ruth Miller Harmon Yaffa