The Film Daily (1939)

bTuesday, September 12, 1939 TW 11 DAILY I" REPORTS 39-WEEK NET OF $989,995.21 (Continued from Page 1) sents an improvement of $1,743,102.64 over the corresponding period n 1938 when the company reported a loss_of $753,107.43. InfQpvdin's letter to stockholders, t is also asserted that indications point to an operating profit for the company for the month of August, lthough final figures were not available. Cowdin states that the company is farther ahead in production than for many years past. Form New Audit Bureau West Coast Bureau of THE FILM DAILY I Hollywood — Application for charter has been filed at Sacramento by National Film Audits, Inc. The corporation will serve as the audit ureau for the independent producrs in their relationships with stateght exchanges. The papers were led by Herbert T. Silverberg. 20th-Fox Plans Showings Trade screenings on the 20th-Fox [Technicolor special, "Hollywood Cavalcade," will be held in all (branches throughout the country either Oct. 1 or 2. Cost of Theater Games Not Deductable As Operating Expense, Fla. Court Says Tampa. Fla. — A suit over rent on the Tampa Theater building has been settled by a decree of Circuit Judge Parks holding the theater could not deduct as operating expense the cost of putting on Bank Night and Screeno, outlawed a few months ago by the Supreme Court. Under the order, Tampa Theater Buildings, Inc. collected $3,578 additional rental on its lease to the Tampa Theater Corp. The judge's order said the lease provided for a rental of MYi per cent of gross receipts, with minimum guarantee. While certain deductions for operating expenses were allowed, it was held the theater had no right to deduct expenses of $28,600 incurred for Bank Night, Screeno and the "Question Box Review." Therefore the building corporation was entitled to 12V2 per cent of this amount. UA English Sales Force Wis. Assembly Turns Down on Job, Carr Cables Kelly Exhib. Revenue Suggestion (Continued from Page 1) in charge of foreign distribution. London staff, however, has quit Wardour Street and is based outside the British capital. Decision to permit reopening of British theaters was announced in London at 5 p.m., Carr cabled, adding that every booking had been dispatched by the following 8:30 a.m. Kelly also stated that UA's pictures in London's West End theaters would follow in regular release order as soon as the government permitted the reopening, with Edward Small's "The Man in the Iron Mask" and Walter Wanger's "Winter Carnival" the first two scheduled for premieres. (Continued from Page 1) major piece of legislation blocking adjournment of the present eightmonths-old session and a vote for reconsideration placed the measure on the calendar for today. In its present form, the tax bill will raise about $10,000,000 for the 1939-41 biennium through a cigaret tax and through re-enactment of a 60 per cent pension surtax. Diversion of $7,500,000 of highway revenue, a step suggested at a recent hearing by exhibitor leaders, was ' stricken from the Senate bill by the Assemblv. The measure is now about $18,000,000 short of raising ! the estimated revenue required to meet biennium appropriations. 100% CO-OP PLEDGED BY PARA. PARTNERS (Continued from Page 1) has 26 completed features, eight more shooting and 17 definitely scheduled for production within the next few months. "All of these pictures were cast, budgeted and planned with the possibility of the European crises in mind and not one will be dropped from our schedule nor will there be any budget revisions on any of these," Agnew said. "We will deliver 100 per cent." Pictures which Para, will proceed with were named by Agnew as "Opened by Mistake," "Road to Singapore," "The Way of All Flesh," "Safari," "Texas Rangers Ride Again," "Buck Benny Rides Again," "Comin' Round the Mountain," "The Golden Gloves," "Royal Canadian Mounted Police," "Hot Ice," "Broken Heart Cafe," "Woman from Hell," "Light of Western Stars," an untitled Colbert production and three more "Hopalong Cassidys." Rialto, Wilmington, Ready Wilmington, Del. — Sept. 28 is tentative date for reopening of the newly enlarged Rialto Theater which closed July 1. Mi i a . ■»