The Film Daily (1930)

DAILV Sunday, July 6, 1930 STHE TOE NEWWIPBI Of HIMDOM Vol. UN No. 4 Sunday, July 6, 1S30 Price 25 Cents JOHN W. ALICOATE Editor and Publisher Published daily except Saturday and holidays at 1650 Broadway, New York, N. Y., by Wid's Films and Film Folks, Inc. J. W. Alicoate, President, Editor and Publisher ; Donald M. Mersereau, Secretary-Treasurer and General Manager; Arthur W. Eddy, Associate Editor; Don Carle Gillette, Managing Editor. Entered as second class matter. May 21, 1918, 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 ihould remit with order. Address all communications to THE FILM DAILY. 1650 Broadway, New York, N. Y. Phone Circle 4736-4737-4738-4739. Cable address: Filmday New York. Hollywood, California — Ralph Wilk, 6425 Hollywood Blvd. Phone Granite 6607. London— Ernest W. Fredman, The Film Renter. 89-91 Wardour St.. W. I Berlin— Karl Wolffsohn, Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la Cour-des-Noues, 19. M. A. Lightman Praises Results of 5-5-5 Conference Financial NEW YORK STOCK MARKET (QUOTATIONS AS OF THURSDAY) Net High Low Close Chge. Con. Fm. Ind. .. 1954 18^ 19 + % Con. Fm. Ind. pfd. 20 20 20 + Vs East. Kodak 198J4 190^ 192 — b% Fox Fm. "A" .. 41^6 4054 40M — H Gen. Thea. Equ. . 33 32'/2 33 Keith A-O pfd. .10254 102J/2 102'/2 — J4 Loew's, Inc 6754 6454 6SH — 1 Para. Pub 5754 5654 57 Pathe Exch 4 3% 3Vt do "A" 7J4 7J4 1V\ + 'A R-K-O 3054 29 2954 — % Warner Bros 4354 41 4154 — H do pfd 4754 4754 4754 + Wt Loew, do deb. rts. 32 32 32+2 Natl. Screen 3154 31 3154 NEW YORK CURB MARKET Columbia Pets. . . 36 35 35 Praise for the results of the 5-5-5 conference in Atlantic City, and the belief that the work was entirely constructive and a great benefit to the industry, is expressed in a statement by M A. Lightman, president of the M. P. T. O. A., for THE FILM DAILY. "The M.P.T.O.A.," said Lightman, "believes that very substantial progress was made at the Atlantic City conference in mutualizing business relations within the industry. So many changes in ownership and personnel have featured the industry within the past few years, with others in prospect, that all of these situations must be comprehended in every move affecting the business. "This was the settled determination of the representatives of our national organization in this conference. We tried to come to a complete understanding of the needs of the industry. We realized that the work of this conference was of prime importance to the business and with others labored to make its results entirely constructive. Our organization believes that contractual and other relations between the different divisions of our industry have been immeasurably improved by this conference. A sense of fairness characterized the whole procedure. "In this mutual effort to bring about the advancement of our business, the Allied States organization, headed by Abram Meyers, contributed fully to ultimate result. The distributors, headed by Sidney R. Kent, and the Hays office, represented by Gabriel Hess, were entirely reciprocal and helpful in bringing about these understandings and agreements. A voluntary arbitration system was evolved which overcomes all objections presented in the recent adverse decision of Federal Judge Thacher. This plan is to go into effect as soon as practicable. A conciliation board was formed to hear cases of an exceptional nature, so as to meet every character of controversy which might arise." Harry Brandt Returning to the Exhibition Field Harry Brandt, for the past year manager of the uptown office of Ira Haupt & Co., stock brokers, at 1560 Broadway, has resigned his position with that company and contemplates entering the exhibition field again. The Industry's Date Book July 10 July 11 Peckham to Supervise Middle States Exchanges Des Moines — Ralph E. Peckham, manager of Columbia's local exchange, has been made supervisor of the Middle States Division and will have charge of the Omaha office in addition to Des Moines. The Kansas City branch, under L. George Ross, formerly part of the Middle States Division, is now under the supervision of the Midwest Division, handled by Phil Dunas. Richard Barthelmess in "Dawn Patrol" (First National) opens at the Winter Garden, New York. Special meeting of Consolidated Film Industries stockholders in New York. July 16 (Tentative) George Arliss in "Old "English" scheduled to open at the Warner, New York. July 17-18-19 All National Screen salesmen to meet in New York for conference. (Tentative) John Barrymore in "Moby Dick" scheduled to op at the Hollywood, New York. Fox A. C. holds outing at Indian Point, N. Y. Annual convention of Famoul Players Canadian Corp. eastern managers, Royal York Hotel, Toronto, Ont. Aug. 11-12 Annual convention of the Southeastern Theater Owners' Ass'n, Atlanta, Ga. Oct. 20-21 Tenth Annual Convention of M.P.T.O. of Western Pennsylvania and West Virginia, Pittsburgh. July 18 July 19 Aug. 1 in c< w± Fox Thea. "A" . . ty% Loew do deb. rt. 32 32 32+2 NEW YORK BOND MARKET Gen. Th. Eq. 6s40 94 935^ 93 ?4 — Vi, Loew 6s 41 x-war 9854 98 9854 + *4 Pathe 7s 37 67 65^ 67 +2' Warner 6s 39 ...10154 101 101 Para. Second Quarter Estimate Income report of Paramount-Publix for the second quarter is expected to reach nearly $3,500,000, bringing earnings for the first half of the year to approximately $8,300,000, it is estimated. This would equal about $2.85 a share. New York 1540 Broadway BRYant 4712 i\ Long Island City ft 154 Crescent St. ft STIllwell 7940 }"( 8 g Eastman Filnis | | J. E. Brulatour, Inc, | I :.: Chicago Hollywood it 1727 Indiana Ave. 6700 Sj»nt" Momca £ CALumet 2691 „__, V ', ft J New Arbitration System to be Instituted Soon (Continued from Page 1) adopted standard contract which includes the arbitration rules. Under the plan to be effected, arbitration boards will function in each territory, meeting in the Film Boards of Trade offices as under the system junked by the Thacher decree. The boards will each comprise four members, two representing distributors and two exhibitors, who will serve for six months. The party being tried will be allowed to select the exhibitor members who will sit on the case. A filing fee with a minimum of $2 and a maximum of $5 will be charged to pay expenses of arbiters in traveling to and from board sessions. The national arbitration board, which will serve as a reviewing body, will hear what are termed "extraordinary cases," those not covered by the language of the standard contract. It will hear only those recommended by local arbitration boards. A majority vote on the part of local board members will be reouired to place a case into the jurisdiction of the national body. Tn event of a deadlock the local arbiters will agree on a fifth member of the board who will cast the deciding bal The national board, in session, will comprise six members, three distributor and three exhibitor representatives. Like the local boards service of each member will be restricted to six consecutive months The M £ T-,°',A an<? A"ierI States will probably through the medium of their boards of directors, ench select panels of arbiters. The party defendant in the appealed case will be permitted to select three exhibitor arbiters Irom these panels. Affiliated theater representatives will serve on the board when cases under consideration involve their interests. Sessions of the national board will be subject to the call of its chairman, it is expected with provision made that meetings cannot be more often than 30 days. 5-5-5 Decision Support Urged by Sidney Kent (Continued from Page 1) will go for nothing unless every force in the industry makes a special effort to preserve this agreement in the same frame of mind in which it was made. Distributors, chain operators and independent theater owners must give every possible support to their representatives that sat around the table at Atlantic City and worked this thing out, and if this is done we shall have a continuing peace and harmony in this industry. "Now that the meetings are over, I wish to take this occasion publicily to express mv appreciation to M. A. Lightman of the M. P. T. O. A. and Abram Myers of the Allied Theater Owners and their associates, for the very wonderful and broad-gauged manner in which they faced the problems that came up for solution. E. A. Schiller and Sam Dembow, representing the big circuits, also deserve the thanks of this industry for the generous spirit of tolerance and fair play which they exhibited toward the independent theater owners. These and the other conferees made this agreement possible only by patience, sympathy and a broad view of the industry's welfare." Anders Randolf Dies West Coast Bureau, THE FILM DAILY Hollywood — Anders Randolf, veteran screen player for many years and frequently cast as a heavy, is dead here. Most of his work the past year was done on the Warner lot, where he appeared in "Noah's Ark," "The Show of Shows" and other talkers. He was 60 years old and a member of the Lambs Club New York. Para. Takes More Space Additional space to provide foi business expansion has been takei by the Paramount Publix Corp. ot the 12th and 13th floors of the Her aid Tribune Building, 230 West 41s St., New York. Warners After Paterson House Paterson, N. J. — Warner Bros, is understood to be negotiating for purchase of the U. S., its only first run opposition here, owned by Peter Adams. COMING & GOING RADIE HARRIS leaves for Hollywoe on Monday to gather material for her mo* chatter column syndicated by Central Pre: MORGAN FARLEY has left for Euro aboard the France. HELEN MORGAN is back from a sev. weeks' sojourn abroad. brooks; THE NAME YOU GO BY _WH_EN YOU GO TO BUY costumes; GOWNS AND UNIFORMSl 14-37 B'WAY. N.Y TEL 5580 PE^nI ~. ALSO 2S.OOO COSTUMES to BENT^^ Let Us Solve Your Problems ! Over 20 Years of Experience Qualifies Us as Specialists in MOTION PICTURE INSURANCE Stebbins, Leterman & Gates INCORPORATED 1540 B'WAY N.Y.C. TELEPHONE BRYANT 3040