The Film Daily (1948)

:d^ DAILY Thursday, July 8, 1948 Vol. 94, No. 5 Thur., July 8, 1948 lOCts. JOHN W. ALICOATE Publisher DONALD M. MERSEREAU : Associate and General Publisher Manager CHESTER B. BAHN : : : : Editor Published daily except Saturdays, Sundays and Holidays at 1501 Broadway, New York 18, N. Y., by Wid's Films and Film Folk, Inc. J. W. Alicoate, President; Donald M. Mersereau, Vice-President and Treasurer; Patti Alicoate, Vice President and Secretary. 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 SIO.OO one year; 6 months, $5.00; 3 months, S3. 00. Foreign, $15.00. Subscribers should remit with order. Address all communications to THE FILM DAILY, 1501 Broadway, New York 18, N. Y. Phone BRyant 9-7117, 9-7118, 9-7119, 9-7120, 9-7121. Cable address Filmday, New York. WEST COAST OFFICES Ralph Wilk, Manager 6425 Hollywood Blvd. Phone: Granite 6607 WASHINGTON BUREAU Andrew H. Older 6417 Dahlonega Rd. Phone: Wisconsin 3271 CHICAGO BUREAU Joseph Esler, Chief C. L. Esler 6241 N. Oakley Ave. Phone: Briargate 7441 STAFF CORRESPONDENTS LONnOX — Ernest W. Fredman, The Film Renter. 127-133 Wardour St., W. 1. HAVANA— llary Louise Blanco, Virtudes 214. BOSIBAY — Ram L. Gogtay. Kltab Mahal, 190 Hornby Rd., Fort, Bombay 1. ALGIERS — Paul Saffar, Filmafric, 8 Rue Charras. MONTREAL — Ray Carmichael. Boom 9, 464 Francis Theater Bids. SYDNEY — Bowden Fletcher, 19 Moxon Ave., Punchbowl, N. S. Phone, UT 2110. BRUSSELS— .lean Pierre Meys, 110 Rue des Paquerettes. COPENHAGEN — John Lindberg, Jernbanealle No. 3, Copenhagen-Tan Loese. ROME — .John Perdicari. Via Ludorisl 16. Phone, 427.58. MEXICO CITY — Jay Kaner — c/o American Chamber of Commerce — San Juan de Letran 24. nnAnciAL Uuly 7) NEW YORK STOCK MARKET Net Low Close Chg. 257/8 257/8 — 3/„ 101/2 101/2 — Va 431/4 44 + 3/8 151/4 151/4 17% 17% High Am. Seat 261/4 Columbia Picts 103/4 East. Kodak 441A Gen. Prec. Eq: I51/2 Loew's, Inc 173^ Paramount 23% RKO 8% Republic Pict 33/4 Republic Pict. pfd 9% 20th Century-Fox ... 21 Vg Universal Pict 12 Warner Bros 113/3 NEW YORK CURB Monogram Picts 5 RKO 21/4 Sonotone Corp 3% Technicolor 1234 231 8% 33^ 91/8 21 231/8 % 33/4 — l/s 91/3 — % 21 1/8 — 1/4 117/8 12 111/4 111/4 MARKET 47/8 5 -f 1/4 21/8 21/8 — Vb 37/8 37/8 121/4 121/4 1/2 And That's Business. Pall Metro's "Easter Parade" gave Loew's State the biggest biz in its 27-year history. SEC Schedules Changes In Proxy Statement Data Washington Bureau of THE FILM DAILY Washington — Clarified data in respect to remuneration paid directors and officers v^^puld be required of proxy statements under proposed changes in SEC proxy rules. In addition to remuneration paid for services in capacities of directors and officers, payments for service in other capacities also vi^ould be disclosed. A breakdovsTi of the various types of remuneration paid to directors, nominees and the three highest-paid officers w^ould be required, as well as information as to indebtedness of associates, of directors, officers and nominees of the company, in addition to individual directors, officers and nominees. Management would be relieved of the necessity of including in proxy statements proposals submitted by security holders vi^here such proposals were submitted for the purpose of achieving personal ends rather than for the common good of the issuer and its security holders. Premature solicitation of proxies would be precluded by a provision that no proxy may confer authority to vote at any annual meeting other than the one following the solicitation. U. S. Drive-In Interests Open First Dominion Spot Toronto — First house to be opened by Drive-In Theaters in the invasion of Canada by U. S. outdoor theater interests was the Northwest Drive-In, near Malton, opened last week. Group, headed by Herb Ochs of Cleveland, will open its Ottawa Drive-In shortly, while others in Peterborough and Oshawa are expected to be opened late this month. Interstate Buys Minority Interests in 6 Theaters Dallas — In a further move to sever its joint interests with independent exhibitors, Interstate has purchased the minority interest of Paul Scott in a group of North Dallas neighborhood theaters. Scott, an exhibition veteran, is retiring from theater business to devote full time to his oil business. Mute Aussie Youngster in Youth Month Observance Arrangements for a six-year-old Australian youngster who lost his power of speech because of illness, to come to the U. S. during September and to participate in the industry's observance of Youth Month, have been completed by Charles Skouras, president of National Theaters, and head of the TOA drive. Young John Reid and his family will then proceed to Wichita, Kans., where arrangements have been made for the boy to be retrained at the Institute of Logopedics, headed by Dr. Martin F. Palmer. MPEA Czech, Polish and Bulgar Pix Deals on % While the MPEA is selling U. S. pix to the state film monopolies in Czechoslovakia, Poland and Bulgaria, deals in those countries are on a percentage basis, with no outright sales made, it was said at the MPEA yesterday. Published Budapest dispatch had indicated that the MPEA made outright sales in the three countries. Full Time Provided for In New Jessel-Fox Pact IVest Coast Bureau of THE FILM -DAILY Hollywood — George Jessel has signed a new five-year producer contract with 20th-Fox, superseding his previous agreement, which had a year to run. Under the new pact, Jessel will forego his former right to take six months off a year and will devote all his time to the studio. f /^ EXCHANGE SERVICE Physical Handling of Film inspection — Receiving — Shipptng is part of 'BONDED'S 3-WAY SERVICE" • film Storagt • Film exchange Service • Air Conditioned Screening Room BONDED "Vy 1600 BROADWAY, NEW YORK CITY CIRCLE 6-0081-2-3-4 YOUR FILM DAILY DELIVERED TO YOU IN LOS ANGELES AND VICINITY Bf MANNING'S DELIVERY SERVICE A SPECIALIZED MESSENGER AND DELIVERY SERVICE HO-3129 Benefit Shows to Aid Japan Quake Victims A series of benefit performances has been launched by Charles Mayer, MPEA manager in Japan, to aid victims of the recent earthquake in Fukui, according to word received here. Fire which followed the trem'--', resulted in destruction of a nuiw of MPEA prints. Toho TheateP in Fukui was the scene of the deaths of over 1,000 patrons watching a native pic when the quake occurred. All six houses in Fukui were levelled. NEW YORK THEATERS .^ RADIO CITY MUSIC HALl __ Rockefeller Center BING JOAN CROSBY . FONTAINE in "THE EMPEROR WALTZ" Color by TECHNICOLOR A Paramount Picture SPECTACULAR STAGE PRESENTATION jC^'^^^/yrocz/Vr Cast of 10,000 in Cecil B. DeMllle's ■mi Lorttti Young • Hinry ffllcoxen « nUMUHT U4UE1UE ^^ SclantllUallr ALr CondlilMiad DOOrS 2!? IVOUI „°p«" ■*^ l-o.KVihSi. 9:30/1.1 l)Xlm£i)'5 greafesf sforanc/-$ong-s/iow/ mto^^^ TBemfeoioR! Rtleaud thrg RKO ftidki Pictvw ASTOR B'WAY & 45lh ST JOHN FORD'S MASTERPIICI IN PERSON, LENA HORNE , PAUL WINCHELL » "FORT „. APACHEls«i5K«Nis/ CAPITOL COOL B'way i SUtSL DAN DAILEY "GIVE MY REGARDS to BROADWAY" A 20th Century-Fox Picture in Technicolor On Variety Stage— THE ANDREWS SISTERS DEAN MARTIN and JERRY LEWIS On Ice Stage— CAROL LYNNE ARNOLD SHODA 50th St.