The Film Daily (1940)

DAILY Wednesday, July 24, 1 j Vol. 78, No. 17 Wed., July 24. 1940 10 Cents 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. A'icoate, President and Publisher; Donald M. Mersereau, Secretary-Treasurer. Entered as second class matter, Sept. a, 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. Representatives: HOLLYWOOD, Calif.— Ralph Wilk, 6425 Hollywood Blvd., Phone Granite 6607. LONDON— Ernest W. Fredman, The Film Renter, 127-133 Wardour St., W. I. PARIS— P. A. Harle, La Cinematographic Francaise, 29 Rue Marsoulan (12). MEXICO CITY — Marco-Aurelio Galindo, Av, Coyoacan No. 100B, Mexico, D. F. BUENOS AIRES— Chas. de Cruz, Heraldo Del Cinematografista, Corrientes 1309. riNANCIAL (Tuesday, July 23) Never Heard of 'Tomorrow/ Asserts 'U' in Suit Reply NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat Col. Picts. vtc. (2y2%> Columbia Picts. pfd Con. Fm. Ind Con. Fm. Ind. pfd... 63/4 6% 63,4 + l/4 East. Kodak 119'/2 119!/4 119'/2 — Vz do pfd Gen. Th. Eq 9 9 9 Loew's, Inc 24V4 24i/4 24l/4 + '/4 do pfd Paramount 478 4% 4% Paramount 1st pfd Paramount 2nd pfd.. . 7Vi 7V2 7'/2 Pathe Film 73^ 7% 7% — V4 RKO New 3 2% 3 20th Century-Fox ... 6% 6}/e 6'/8 20th Century-Fox pfd Univ. Pict. pfd 78 78 78 — 1 Warner Bros do pfd NEW YORK BOND MARKET Keith B. F. ref. 6s46.10O 100 100 — V4 Loew's deb. 3y2s46. . 102'/2 102V2 102l/2 Para. B'way 3s55 Para. Picts. 6s55 Para. Picts. cv. 3'/4s47 85 84 V4 85 + 1 Warner Bros.' dbs. 6s48 80'/2 793^ 793^ + % NEW YORK CURB MARKET Monogram Picts Sonotone Corp Technicolor 9% 9% 95/8 Trans-Lux 1 1 1 Universal Corp. vtc Universal Picts N. Y. OVER-THE-COUNTER SECURITIES Bid Asked Pathe Film 7 pfd Fox Thea. Office Bldg. 1st '46 Loew's Thea. Realty 6s 1st '47 Met. Playhouse, Inc. 2nd deb. '45.. 63V2 65'/2 Roxy Thea. Bldg. 4s 1st '57 56 60 Oklahoma City, Okla. — Universal has filed a pleading in Federal Court denying it exposed Fozie Rahal, publisher of "Tomorrow," local magazine to public contempt and ridicule by use of a magazine of the same name in the film, "Charlie McCarthy, Detective." Rahal, in his suit, asked $50,000 damages from Universal, Standard Theaters Corp., et al, because the editor of the film version of the magazine, named Arthur Eldridge, was depicted as "a lawless, unscrupulous and unworthy individual" who secretly advanced the purpose of gangsters and racketeers. Rahal's petition said the motion picture contained various photographs of a magazine, "Tomorrow," similar in size and design to several issues of his publication. In its answer, Universal denied Rahal's charge that it was on the local magazine's mailing list and that it had any knowledge of the existence of such a publication. U. S. Indie Poster Service Planning Exchange System Minneapolis — U. S. Independent Poster Service, recently organized, will open an exchange here about Aug. 5. The company, headed by Ben Marcus, Wisconsin circuit operator, has already taken over the Wisconsin Poster Service, Milwaukee, and the Independent Poster Service Co., Chicago. It will establish a factory in Chicago to manufacture various types of accessories. Within the next six months, it is said additional exchanges will be opened in Detroit, Indianapolis, Cleveland, Kansas City and Cincinnati. Associated with Marcus are I. E. Sarnoff, his partner in the Emeness Circuit, and Frank Fischer, poster exchange man. Rundell, Former Partner Of M. E. Comerford, Dead Siegel to Testify Before Trial of Plagiarism Suit Federal Judge John W. Clancy yesterday directed M. J. Siegel, president of Republic Productions, Inc., Harold Shumate, E. E. Passmore, Wells Root, and Jon Fortune to testify July 31 in Hollywood in a before trial hearing in the plagiarism suit brought by Marquis James against Republic. James claims that the Sam Houston biography "The Raven" was infringed in Republic's "Man of Conquest." Para. Affiliate Adds Two Minnesota Houses Minneapolis — Minnesota Amusement Co., Paramount affiliate, has purchased the Paramount, St. Cloud, and the Garden, Hibbing, it is disclosed by Prexy John J. Friedl. In addition, the company will rehabilitate six houses in Duluth, Moorhead, Mankato, Winoa and Hibbing. Friedl is expected to reopen the Palace here on or about Sept. 1; house was recently acquired under lease from the Benz interests. Grind policy is in prospect. Italian Buying Control Rep. on Torpedoed Ship London (By Airmail) — P. Alliata, representative here of the Italian Buying Control and as such widely known in the industry, went down with the Arandora Star, torpedoed by a German sub. Bausch & Lomb Earnings Up Rochester — Bausch & Lomb, for the six months ended June 30 reports earnings of $767,284, equal after 5 per cent preferred dividends to $1.54 a common share. In the first six months of 1939, net earnings were $554,743. COmmC and GOIf WILLIAM C. GEHRING, 20th-Fox di manager, left last night for Chicago to tiate with B & K on new season prodt GEORGE RAFT arrived in New York yestt | CHARLES STERN, Eastern district ma | of United Artists, left yesterday for through the New England territory. He < to be gone about two weeks. JAMES ROOSEVELT left for the Coast day after delaying his scheduled departs Saturday. HARRY GOETZ is back from Hollywood. JOE PENNER left for the Coast yesterd; train. PEGGY MORAN and CONSTANCE MOO turn to Hollywood today. WILLIAM HEENAN, of the Peerless ex Philadelphia, is in town. A. A. SCHUBART, manager of RKO's exel operations, returned yesterday from the Mi( and South. WILLIAM F. RODGERS, M-C-M general manager, will be back at his desk torn after an extensive Western trip. Kuykendall Welcomes N Allied as Unit of MPTO/ On behalf of MPTOA's boarc directors and officers, Ed Kuyl dall yesterday, in a prepared st ment, welcomed the organizati youngest unit, Allied Theater O ers of New York. Admission of Max Cohen group was regarded "an important step in the ste growth of the MPTOA as a natic association." "We mutually ber from this active membership," K" kendall declared. Pathe News Exec. Returns Frank Donovan, Pathe News v president, has returned to New Y^ headquarters from a business tri] the Coast, where he has been sui vising work on the "Picture Peoi series. Auto Giveaway Pulling Better Than Cash Game Chicago — Auto giveaways in some spots are out-drawing Bank Night, according to John J. Doerr of Alliance Theaters Corp. which operates a string of houses in Illinois, Indiana and Wisconsin. Binghamton — Fred Dean Rundell, 49, former partner of the late M. E. Comerford, Scranton, Pa., theater chain owner, died yesterday in his home in Owego. After a career as a newspaperman, Rundell joined forces with Comerford in purchase of Sayre Theater, Sayre, Pa., Waverly Theater, Waverly. N. Y., and Tioga Theater, Owego. Rundell disposed of his interest in the theaters in 1930, but in 1933 reassumed interest in Comerford organization by serving as manager of Tioga Theater. He retired a year ago through ill health. He served as Tioga County Democratic chairman from 1932 to 1934. Para. Renews Schertzinger's Pact West Coast Bureau of THE FILM DAILY Hollywood — Director Victor Schertzinger has had his contract with Paramount renewed for another year.