The Film Daily (1948)

:afe Fiiday, September, 24, 1948 , Vol. 94, No. 60 Friday., Sept. 24, 1948 10 Cts. JOHN W. ALICOATE : : : : : Publisher DONALD M. MERSEREAU : Associate Publisher and General Manager CHESTER B. BAHN Editor Published daily except Saturdays, Sundays and Holidays at 1501 Broadway, New York 18, N. v., 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 $10.00 one year; 6 months, $5.00; 3 months, $3.00. 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 Wllk, Manager 6425 Hollywood Blvd. Phone: Granite 6607 WASHINGTON BUREAU Andrew H. Older 1417 Dahlonega Rd. Phone: Wisconsin 3271 CHICAGO BUREAU Joseph Esler, Chief C. L. Esler 6241 N. Oakley Ave. Phone: Briargate 7441 STAFF CORRESPONDENTS liONDON— Ernest W. Frediiian, The Film Renter, 127-133 Wardour St., W. 1. HAVANA— Mary Louise Blanco. VIrtudes 214. BO^rBAy — Ram L. Gogtay. KlUb Mahal. 190 Hornby Rd., Fort, Bombay 1. ALGIERS — Paul Saffar, Fllmafric, 8 Rue Charras. MONTREAlr-Ray Carmlchael, Room 9. 464 Francis Xavler St. VANCOUVER — Jack Droy, 411 Lyric Theater Bldg. SYDNEY — Bowden Fletcher, 19 Moxon An., Punchbowl. N. S. Phone, UY 2110. BRUSSELS— Jean Pierre Meys, 110 Rue des Paquerettes. COPENHAGEN — John Lindberg, Jembanealle No. 3, Oopenhagen-Van Loese. ROME — John Perdicarl, Via bidorlsl 16. Phone. 42758. finflnciRL (.September 23) NEW YORK STOCK MARKET Net High Low Close Chg. Am. Seat 24% 245/8 245/8 + Vs Bell & Howell 183/8 IS'A ISS/g Columbia Picts 8% 8% 8% Ecst. Kodak 415/8 41 411/4— 3/^ Gen. Prec. Eq 14 133^ I33/4 Loew's, Inc 153A }5% 153^— i/g Paramount 221/2 22 22 — 1/2 RKO 73/4 75/8 75/8 Republic Pict 3 3 3 Republic Pict. pfd.. . . 7 7 7+1/8 20th Century-Fox .. 19% 191/2 I91/2 — Vs 2Cth Century-Fox ppf. 98 98 98—1 Universal Pict 8I/2 8I/2 8I/2 + Vs Worner Bros 105/8 lOS/g 103/8— 3/g NEW YORK CURB MARKET Monogram Picts 3% 3% 3% + Vs RKO 13/4 15/8 15/8 Sonotone Corp 31/2 31/2 31/2— Vs Technicolor \2V^ 12 12 — l/j Trans-Lux 43^ 43,4 43A OVER THE COUNTER Bid Asked Cinecolor 334 4 Pathe 31/2 4 Deny Loew's Conspired Against Towne Theater Chicago — Attorneys Myles Seeley and Bryson Burnham filed in Federal Judge Barnes' court yesterday an answer in the Towne Theater of Milwaukee anti-trust suit, denying Loew's was party to any conspiracy against Towne Theater. They will file the RKO answer today and Columbia's answer as soon as received from New York headquarters. An early date for hearing of the case is expected. Raylynn Would Dispossess Lynbi'ook Theater Lessee Hearing on a request for a dispossess notice filed by Raylynn Theater Corp. against Metropolitan Playhouses has been dismissed by the court without prejudice. Action was brought by Raylynn as owner of the Lynbrook, Lynbrook, L. I., against Metropolitan as lessee because of the tenant's alleged failure to make repairs as required in the terms of the lease. Raylynn, said controlled by David Weinstock, recently purchased the theater which long has been leased by Metropolitan, with Century Circuit operating. Attorneys for Raylynn yesterday indicated that another such action may be filed at a later date. Set October Dates for Detroit Arbitrations Detroit — Hearings on two pending arbitration cases have been postponed till mid-October. Case brought by the Center Theater of Grand Blanc, was before the tribunal for two days, with additional time required, so that a further hearing on Oct. 21 has been scheduled. Case was brought by the Callier Theater of Belding, which was due for a hearing Sept. 22, has been set back to Oct. 19. Observers believe that the postponement in this case may indicate a possibility of settlement. Empire Distributor Will Handle Korda Productions Sydney (By Air Mail) — Future Aussie distribution of Sir Alexander Korda's productions will be in the hand of a British or Australian company, Col. Peter Walter, Korda representative here, declared when he announced that the 20th-FoxKorda arrangement has been cancelled and that other arrangements are to be made. U. S. distributor will continue to handle the nine features which it has already released. "Amber" in Subs at 35% Chicago — Subsequent runs are playing 20th-Fox's "Forever Amber" on a 35 per cent rental basis, it is reported here. Exhibitors claim that Paramount seeks $3,000 rental for subsequent runs of "A Foreign Affair." Show Business to Be Honored by Air Force Over 40 film personalities will represent the industry at the three-day Air Force Reunion and convention which begins at the Commodore today. Contingent includes Jack Warner, Hal Roach, Paul Lukas, Bebe Daniels, Ben Lyon, Mark Stevens, Melvyn Douglas. A cocktail "rendezvous" will be held this afternoon in the Astor Hotel to be followed by a screening of "Jungle Patrol," Frank Seltzer production for 20th-Fox release. U. S. show business will receive official recognition for wartime services at Madison Square Garden tomorrow, when W. Stuart Symington, Air Secretary, will present a bronze memorial plaque with names of show folk on it, who died while serving in Camp Shows during the war. Bob Hope will accept for the industry. Official Films Plans Public Stock Offering Public offering of 49,000 shares of 35 cents cumulative $5 preferred, and 49,000 shares of 10 cents par common is planned by Official Films, Inc., non-theatrical producer-distributor, through Aetna Securities Corp., underwriters. Issue will be offered in units of one share of each issue at a price of $6 per unit, with proceeds to be applied to working capital and corporate purposes. Company reported net earnings of 177,394.18 in the eight months ended May 25, as compared with $17,856.75 for the full year ended Sept. 25, 1947, and a net loss of $297.23 for the previous year. GUT Net Profits Reported At Company Record High Sydney — Profits of the Greater Union Theaters group were the largest in the company's history, Norman Rydge reported at the annual meeting. Total profits were £148,430, with all subsidiaries showing increased nets, he said. Rydge reported Cinesound increased from £1,433 to £6,012; British Empire Films from £10,735 to £14,003; National Theater Supply from £1,938 to £4,136; G. U. Theaters from £60,890 to £80,269. Sixteen mm, Ltd., in operation since May, 1947, showed a profit of £1,561. MOVIOLAS THE STANDARD EDITING EOUIPMENT OF THE MOTION PICTURE INDUSTRY LARGE ASSORTMENT NEW AND USED NOW IN STOCK Write for Descriptive Literature MOGULL'S (Dept. FD) 68 WEST 48th STREET NEW YORK 17, N. Y. cominG nno goidg MILTON KU5ELL, SRO veepee in charge of domestic and Canadian sales, is attending the TOA convention in Chicago, together with PAUL MacNAMARA, SRO veepee in charge of adpublicity-exploitotion. LEON J. BAMBERGER, RKO's sales p-— 'otion manager, after attending the TOA Ci^ tion in Chicago, will proceed to St. Louis '(f ^fend the convention of the MPTO of St. LourS; 'Eastern Missouri and Southern Illinois, Sept. 28-29. He will be back at his office Oct. 1. WILLIAM HOLDEN is in Detroit after having attended the New York preeming of "Rachel and the Stranger" at the Mayfair. ROBERT LURY, Eastern supervisor for U-l, with h. q. in Singapore, is en route to New York for sales huddles and screenings. HERBERT TONKS, U-I's Far Eastern supervisor at Manila, is flying to Australia to attend conferences and screenings there. AMERICO ABOAF, U-I's supervisor for Lotin America, is on a tour of every U-l bronch office in his territory. SPYROS P. SKOURAS will arrive today in Chicago where he will address the TOA convention. MRS. FRANCES WARREN HARDING, FILM DAILY'S Boston correspondent, flies in today for the Yankee-Red Sox series. JAYNE MEADOWS left yesterday on the 20th Century Limited for Hollywood to see the first sneak preview of "Enchantment." MILTON KRIMS, her husband, accompanies her. AGNES MOOREHEAD has returned to Hollywood from a two-week Eastern trip. MARCELLO GIROSI, president of Supertilm Distributing and Supercinema, sailed for Europe yesterday aboard the Queen Elizabeth. JACK LEEWOOD, Screen Guild advertisingpublicity director, is in town. LEWIS BLUMBERG, assistant sales manager of Prestige Pictures, is on a sales trip to Chicago and Milwaukee. JOHN JENKINS, of Jenkins & Bourgeois, Astor franchise holder in Dallas, has returned to his office following conferences with Robert B. "Bob" Savini, Astor president. ; !t Sherman Again to Make Pix For Major Co. Release West Coast Bureau of THE FILM DAILY Hollywood — With the relinquishing by Enterprise of his California studio, a deal which frees him of a commitment to produce for Enterprise, Harry Sherman will re-enter production for release by a major company, the producer announced. Enterprise turns back the plant on Oct. 3. 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