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DAILY
Tuesday, July 25, 193S
Vol. 76, No. 16 Tues., July 25, 1939 10 Cents
JOHN W. ALICOATE
Publisher
DONALD M. MERSEREAU CHESTER B. BAHN : :
Ceneral Manager : : : Editor
Published d.iily 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; Entered as second class matter, Sept. 8, 1938, 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, 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 W. Fredman, The Film Renter, 127-133 Wardour St., W. I. Paris— P. A. Hade, La Cinematographic Francaise, 29 Rue Marsoulan (12). Mexico City — Marco-Aurelio Galindo, Depto. 19, 5A, Dr. Lucio No. 102, Mexico, D.F. Buenos Aires — Chas. de Cruz, Heraldo Del Cinematografista, Corrientes 1309.
financial.
NEW YORK STOCK MARKET
Am. Seat
Col. Picts. vtc. (2i/2%
Col. Picts. pfd
Con. Fm. Ind
Con. Fm. Ind. pfd.
East. Kodak
do pfd>
Cen. Th. Eq
Loew's, Inc
do pfd
Paramount
Paramount 1st pfd. . Paramount 2nd pfd..
Tathe Film
RKO
20th Cent. -Fox
20th Cent.-Fox pfd..
Univ. Pict. pfd
Warner Bros
do pfd
NEW YORK
High Low Close
133^ 135/g 13%
) 93/4 93/4 93/4 —
271/2 271/2 271/2 +
11/4 IV4 HA —
11% 113/8 H3/8 _
169i/2 1693/8 1691/2 .
Net Chg.
Vs
'/4
1
Vs V*
12 111/2 in/, 45% 451/2 453/4
10
96%
IOI/4 10
961/s 96
107/8 103/4 103/4
111/2 10 113/g +
21/s 2 2l/8 .
20% 20% 20% —
301/2 30y4 301/2 +
651/2 65% 65% +
5% 51/s 5%
58 52% 58 BOND MARKET
+ 6
100 103
100 103
Keith B. F. ref. 6s 46 100 Loew's deb. 3i/2s 46.103
Par. B'way 3s55
Par. Pict. 6s 55... 100% 100% 100%
'A
Par. Picts. cv. 3i/4s47 90i/4 90 90y4
RKO 6s41 75 75 75 1
Warner Bros.' cv. 6s39
Warner Bros.' dbs. 6s48 90% 90 90 — 1/4 NEW YORK CURB MARKET
Monogram Picts 1 % 1 % 1 %
Sonotone Corp 1 % 1 % 1 %
Technicolor 16% 16 16
Trans-Lux 1% 1% 1% + V4
Universal Corp. vtc. 4 3% 4 + Vi Universal Picts
N. Y. OVER-THE-COUNTER SECURITIES
Bid Asked
Pathe Film, 7 pfd 100 103
Fox Thea. Office Bldg. 1st '46 33/8 5
Loew's Thea. Realty 6s 1st '47
Met. Playhouse, Inc. 2nd deb. '45.. 69% 72% Roxy Thea. Bldg. 4s 1st '57 65 67
SAFETY
LLOYDS
FILM STORAGE CORP. Storage by Reel or Vault
729 Seventh Ave. New York City BRyant 9-5600
SECURITY
McCarthy to be Examined Aug. 2 in "Lincoln" Suit
New York Supreme Court Justice Edward J. McGoldrick yesterday ordered Charles E. McCarthy, 20th-Fox pub. and ad. head, to appear for examination before trial on Aug. 2 to testify in reference to the suit of Robert E. Sherwood and Playrights Producing Co., Inc., against 20th-Fox Film Corp. for alleged unfair competition of the film "Young Mr. Lincoln" with the Sherwood play, "Abe Lincoln In Illinois."
The Court, however, denied an application to require Darryl F. Zanuck to testify without prejudice to a new motion for commissions to take his deposition in Los Angeles.
Warners to Trade Show
Six Films in September
Warner will tradeshow six features—"The Old Maid," "The Roaring Twenties," "A Child Is Born," "The Lady and the Knight," "Dust Be My Destiny" and "Gantry the Great" — in 32 keys in early September under plans now being developed by Grad Sears, company's sales chief. Screenings will be in theaters mornings.
Para. Working on Deals
to Distribute Indie Shorts
Details of deals for the distribution of independently produced shorts may be announced by Paramount in about 10 days, Lou Diamond, head of the short subjects department, said yesterday upon his arrival here from the Coast. Diamond said he saw hundreds of reels during his six-week stay in Hollywood and that several groups would be taken on for release by the company.
Levy Arrives Friday
With the return here Friday of Morton Levy, drive leader of the annual 20th-Fox Kent sales campaign, first swing of this year's drive will be wound up with a meeting at Harry Buxbaum's New York exchange. Herman Wobber, general manager of distribution for the company will attend the meeting.
Wobber returns today from Chicago where he attended the Eckhardt dinner. He will go to Buffalo tomorrow night to attend the Famous Players convention on Thursday, returning Friday morning. He will also attend the Schine meeting in Gloversville next week.
Struck Mines Reopen
Cincinnati — Finale of the recent coal mining strike was written last week with the signing up of workers at Harlan, Ky.. and King-stonPocahontas and The McKell Co., in W. Va. All mines have now resumed operations and theaters are gradually re-opening, with full running order predicted by Sept. 1.
Grainger Back Tomorrow
from Atlanta and Dallas
James R. Grainger, Republic's president, returns to New York tomorrow by plane, following brief business trip to Atlanta and Dallas. In former city, he conferred with Arthur Bromberg and all branch managers of Southern Division; and yesterday commenced two-day huddles with franchise holders W. B. Underwood and Claude Ezell of Dallas, Sol Davis, Oklahoma City franchise holder, and B. F. Busby, Little Rock franchise holder, in the Texas city.
Company's home office announced yesterday that deal for a group of its features and serials has been concluded with B. Jani, representing Keshaval D. Mody & Co. of Bombay, for latter to distribute in India, Burma and Ceylon territories. Mody offices are in Bombay, Calcutta and Delhi. Firm has been active in past eight years in making Hindu pictures, and will concentrate in future on own productions' bookings and Republic attractions exclusively.
cominG mid Gome
HERMAN WOBBER, general manager of distribution for 20th-Fox, returns today from Chi cago.
Allied of So. California
Condemns Trade Code
West Coast Bureau of THE FILM DAILY Hollywood — At an open meeting of Allied States Exhibitors Association of Southern California, Arizona and Nevada, secretary James Quinn vigorously condemned the proposed fair trade practice code and urged all exhibitors to join Allied and wage a militant fight against producers and distributors. He declared the proposed code was formulated as a weapon to fight the Neely Bill and did not represent points previously agreed upon by exhibitors and distributors. He accused distributors of not giving exhibitors any leeway, of overcharging for pictures and forcing short subjects on them. He denied charges that Allied at its Minneapolis convention had rejected code without giving1 distributors a hearing1. Sec. Robert Poole of Independent Theater Owners of Southern California and Arizona who attended meeting as an observer, denied that his organization had signed the code declaring that it was awaiting arrival of William F. Rodgers in August.
National Theaters H. O.
Conference Ends Tonight
Home office conference called by Spyros Skouras, National Theaters chieftain, which is being attended by division managers and home offfice executives, will wind up tonight. Arch M. Bowles, Rick Ricketson, Frank Newman, Elmer Rhoden, Charles Skouras, Harold J. Fitzgerald and David Idzal are attending the session from the field. Company problems featured discussions.
JOHN W. HICKS, Paramount's vice-presidenl in charge of the foreign department, / wed yesterday in New Zealand from Vancou ' accompanied by MRS. HICKS and their son, JOHN. On Saturday, next, they are scheduled to arrive in Sydney.
JULES LEVY, general sales manager for RKO, leaves today for Niagara Falls to attend the Famous Players annual convention.
J. M. MILLER, Alabama exhib., H. R. JOHNSON, St. Louis exhib., J. C. SCHILLING, Indiana exhib., and C. O. WOMSER, also a St. Louis exhibitor, were recent visitors at the RKO Lounge.
MORTON LEVY, Kent Drive leader this year, and ROGER FERRI, editor of the 20th-Fox house organ, Dynamo, return to New York Friday morning after a visit to the company's branches throughout the country.
CHARLES H. RYAN, assistant zone manager for Warners in Chicago, and HERBERT W. WHEELER, district theater manager, were in N. Y. last week.
AL RAYMER, booking manager for the Indiana and Illinois theater circuit, is on a motor trip through the west with his wife.
W. WARD MARSH, movie critic of the Cleveland Plain Dealer, and his family are vacationing in California.
ALLEN SPARROW, manager of the Loew house in Richmond, has returned there from a Florida vacation.
EDITH LINDEMAN, movie critic of the Aimes Dispatch, Richmond, arrives here this week-end for a vacation.
BERTRAM WILLOUGHBY, president of Ideal Pictures, Chicago, returns to this country early in August from Europe.
MAX TSCHAUDER, manager of the Roxy theater, Springfield, HI., has returned there after a New York vacation.
ARTHUR W. EDDY, of the Warner Bros. Coast publicity department, leaves Hollywood today for New York for a month's stay.
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Nebraska-Iowa Exhib. Unit Said Weighing Buying Pool
{Continued from Page 1)
tribution territory with Prexy Charles Williams in charge.
Possible membership is over 200 indie exhibs., with present membership less than half that number. Drive will continue from now until annual convention late in September.
Plan is to get indie exhibs. in this area in some sort of an organization to protect their interests. A buying pool of some kind has been whispered as the main objective of the campaign.
Campaign will be directed by Williams with the following district leaders: Dale R. Goldie, American Theater, Cherokee, la., southwestern Iowa; Bill Bogart, Orpheum, Rock Valley, la., northwestern Iowa; Harold Schoonover, Mazda, Aurora, Neb., southern Nebraska; Mons Thompson, Riviera, St. Paul, Neb., northern Nebraska.
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Ma eii reivt-i
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