The Film Daily (1941)

O *V DAILY Thursday, September 4, 1941 m\mm "" PfiAILY Vol. 80 , No 46 First Section Thurs. Sept 4, 1941 10 Cents JOHN W. ALICOATE Publisher DONALD M. MERSEREAU CHESTER B. BAHN : : General Managei : : : Editoi 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. 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 addre.«s: 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, Le Film, 29 Rue Marsoulan (12). MEXICO CITY— MarcoAurelio Galindo, Depto. 215, Calle del Sindicalismo, 99, Tacubayo, D. F. Copyright 1941 by Wid's Films and Film Folk, Inc. riNANCIAL (.Wednesday, Sept. 3) NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat Col. Piers, vtc. (2y2%) 7i/2 71/4 73/g— Vs Columbia Picts. pfd Con. Fm. Ind 13-16 13-16 13-16+1-16 Con. Fm. Ind. pfd... 10% 10% 103/8 + '/8 East. Kodak 1403/4 1393/4 1 403/j do pfd Cen. Th. Eq 143/8 14 14 — l/2 Loew's, Inc 37% 37J/8 373/8 — l/8 do pfd Paramount 153/4 15]/4 15'/4 — 1/4 Para. 1st pfd U13/4 llli/2 llli/2 Pathe Film rko 3% 3Vi m — VI RKO $6 pfd 54 54 54 + V4 20th Century-Fox . . 93/8 9'/g 9V4 + 1/4 20th Century-Fox pfd. 22'/2 22'/2 22y2 — l/4 Univ. Pier, pfd 159 159 159 —1 Warner Bros 5% 51/2 55/8 + Vs do pfd NEW YORK BOND MARKET Para. B'way 3s55... 55'/4 55V4 55'/4 + Vs Para. Picts. cv. 3 i/4s47 Warner Bros.' dbs. 6s48 96i/2 96'/2 96'/2 NEW YORK CURB MARKET Technicolor 93/4 95/8 95/8 + i/8 Trans-Lux Universal Corp. vtc. 9l/4 91/8 9l/8 — Vs Universal Picts 243^ 24l/2 2V/2 — Vl N. Y. OVER-THE-COUNTER SECURITIES Bid Asked Met. Playhouse, Inc. 2nd deb. '45.. 65V4 68 Roxy Thea. Bldg. 4s 1st '57 58y2 64 RKO Appoints Nat Holt Western Division Manager Nat Holt, RKO theaters division manager in Cleveland, has been named Western division manager. Holt will fill the spot left vacant by Charles Koerner who was made the head of all RKO theaters. Appointment becomes effective Oct. 1. Holt has been with RKO since 1932, prior to which he was with Loew's and Fox West Coast. Expect Award Today on Bids for Gov't Film Work (Continued from Page 1) siderable interest centers around the award because one of the bidders was the recently-formed Institute for the Advancement of Visual Education and Vocational Training, Inc., which purportedly was formed for the object of "maintaining high standards in the industry" but which, competitors allege, was formed for the purpose of obtaining a monopoly on Government film work. Thirteen other bidders submitted proposals for the work which officials indicate will run into tremendous volume, but because of the complicated nature of the offerings, it was impossible to determine which was low bidder That is what Treasury experts have been studying, and the answer to which they expect to have ready by today. Proposition of the Institute that it operates on a non-profit basis raised considerable comment from competitors at the time bids were opened, and it is likely that quite a furore of protests will be heard from firms "trying to make a living" in competition with the Institute, if it gets the award. Kallis Leaves Buchanan; New Affiliation Nears Moe Kallis, who has been associated with the art department of Buchanan & Co., Inc., working on the Paramount account yesterday, announced his resignation, to take effect immediately. He will announce his new affiliation shortly. Kallis joined Buchanan in 1939, coming to the agency from the Paramount home office, where he was in charge of the motion picture company's art department under Robert M. Gillham, director of advertising and publicity, since 1936. Mono. Stockholders Meet Oct. 1; Re-Elect Officers Annual meeting of Monogram stockholders will be held at the company's offices in Los Angeles Oct. 1. Business will include election of nine directors. Following were re-elected by the management: W. Ray Johnston, Trem Carr, Samuel Broidy, Herman Rifkin, Charles Trante, John Mangham, Melvin Hulbring and Howard Stebbins. The board nominated William Hurlbut for a directorship. Hattie Helborn Retiring As N. M. Schenck's Secy Miss Hattie Helborn, for many vears secretary to Nicholas M. Schenck, president of Loew's, Inc., is retiring effective on Monday. She will be succeeded by Miss Mae Levintan, who for the last eight years has been secretary to Oscar A. Doob, head of Loew's theaters advertising and publicity. Miss Levintan will be succeeded by Mrs. Gertrude Katz of the theater publicity department. May Solve Gas Shortage By Use of Tank Cars Washington Bureau of THE FILM DAILY Washington — With Benjamin L. Jacoby, president of the Associated Gasoline Retailers of Philadelphia and vicinity, asserting before an Eastern dealers' conference in Philadelphia that there is no gas shortage on the Eastern seaboard, J. J. Pelley, president of the Association of American Railroads, told a special Senate investigating committee yesterday that by the use of 20,000 railroad tank cars the East's gas problem can be solved in a fortnight. Pelley, revealing that Ralph K. Davies, acting petroleum co-ordinator, had asked representatives of oil companies, railroads and tank car owners to meet with him today, expressed the view that agreement to use the 20,000 tank cars might be reached. The Pennsylvania Railroad announced yesterday that it had made new arrangements for delivering by tank cars sufficient crude oil to Eastern refineries to meet the daily requirements of 280,000 passenger automobiles. Lawrence Praises N. Y. Theaters for USO Results In a letter to Joseph Hazen, chairman of the New York motion picture division of the USO drive, Richard W. Lawrence, chairman of the New York campaign, expressed his appreciation for the results attained by the theaters. "The energy and devotion which all of you gave to this great community enterprise deserves and has the commendation of New York's citizens as well as the appreciation of the young men in the service," Lawrence wrote, adding that "I am sure you will always look back upon your part in this USO campaign as a very worthwhile experience." RKO Signs Pare Lorentz To Write, Produce, Direct Pare Lorentz has been signed by RKO to write, produce and direct. Lorentz, whose "The Fight for Life" and aThe Plow that Broke the Plains" received widespread attention, will make a story of modern American life as his first contribution to RKO. Prior to making factual films. Lorentz was critic for Judge, New York Evening Journal. Vanity Fair, Town and Country, U. S. Camera and McCall's. RKO Signs Sparks, Schine The Sparks circuit of 102 theaters and the Schine circuit of 149 houses, have signed with RKO for its first block-of-five. Frank C. Goth Dead Rochester — Frank C. Gath, 52, engineer at the Riviera for several years, died at his home. COmiDG and GOIfiG FRANK CAPRA leaves for Hollywood Saturday. SIDNEY I. BERNSTEIN, Film Adviser in the British Ministry of Information, expected to return to England within a day or two. ALEXANDER KORDA arrives this morning by plane from Hollywood. L. BUSH-FEKETE, who collaborated on^Mte script of "Lydia," is here from the Coasf^s SPYROS SKOURAS, EDDIE ZABEL, Ntde^. DEPINET, A. W. SMITH and CRESSON E. SMITH, all left last night for Kansas City by plane. JIMMY DORSEY and his orchestra report to the Paramount lot on Sept. 12 for an appearance in "The Fleet's In." VINCENT TROTTA, AMPA prexy, is in Atlantic City acting as judge in the selection of Miss America. WILLIAM WALDHOLZ, in charge of distribution for the Federal Housing Administration, has returned to his office after a twoweek vacation. BILL MORGAN, 20th-Fox Manager in Trinidad, arrives Monday for home office conferences. ELLIOT KRONISH, formerly with the LoewPoli division, New Haven, is in from Detroit for a visit. SIDNEY LAX, former Columbia shipper, New Haven, now in uniform at Camp Devens, is on a 10-day furlough. Hear Million Offer to End $500,000,000 Suit Oct. 3 Hearing, in behalf of RCA stockholders, to consider offer of $1,000,000 made by attorneys for Westinghouse and General Electric in full settlement of a consolidated derivative suit, will be held before Referee A. J. Halprin on Oct. 3 in New York County Courthouse. Action was brought by minority RCA stockholders against Westinghouse, G-E, and certain officers and directors of RCA, and was originally instituted more than three years ago, charging conspiracy in waste of approximately $500,000,000 of RCA assets over a long period. During litigation, the court dismissed $262,000,000 of original amount. Korda Due Here Today Alexander Korda is due in New York from the Coast today to prepare for the opening of his newest picture, "Lydia," which follows "The Little Foxes" at Radio City Music Hall.