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THE
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DAILY
Friday, September 12, 1930
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Vol. llll No. 62 Friday, Sept. 12. 1930 Price 5 Cents
JOHN W. ALICOATE
Editor and Publisher
Published daily except Saturday and holidays at 1650 Broadway, New York, N. Y., and copyright (1930) 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 (Postal 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, 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.
Financial
NEW YORK STOCK MARKET
Net
Low Close Clig.
9 9+1
20!^ 20^ + U
22 22 + Ya
216 216 — 3
High
Am. Seat 9
Con. Fm. Ind. . . . 21'4 Con. Fm. Ind. pfd. 22
East. Kodak 219
Fox Fm. "A" 51 Vt
Gen. Thea. Equ. ..35^
Loew's. Inc 81
do pfd. ww (6'A).. 109 do pfd. xw (6'/2).. 98
Para. F-L 61%
Pathe Exch 4VS
do "A" 9V2
R-K-O 37%
Warner Bros 29?4
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50y2 50% — Ya.
35 35/2 — YA
79Y2 81 + \Y»
10754 109
97% 98
61 61% — %
454 4%
954 954 — Va
36% 36J4 — 54
29 29% — %
254 2%
NEW YORK CURB MARKET
Columbia Pets. ... 4354 433/6 4354 + 54
Fox Thea. "A" ... 1054 1054 1054
Loew, Inc., war... 1154 1154 11% — %
Technicolor 27 27 27 — 54
NEW YORK BOND MARKET
Gen. Th. Eq. 6s40. 95% 9554 95 54 — %
Loew 6s 41 x-war. 10054 100 100
Paramount 6s 47.. 10054 10054 10054
Par. By 554s51 10354 103 103
Par. 554s50 9454 9454 9454 — %
Pathe 7s37 58 57% 58
Warner 6s39 8954 8854 8854 — 54
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Pacent's Home Talker Equipment Not Coming Out for Some Time
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Although it has been predicted that the next few years will see the general introduction of talking pictures in the home through the medium of radio receivers, Pacent is planning to withhold its home apparatus until the time is considered more favorable for marketing and promoting such equipment, according to Louis Gerard Pacent, president of Pacent Electric and of Pacent Reproducer.
"We are ready to go into production with a very complete line of home talking picture equipment," Pacent says, "but we have no intention of releasing it until we feel perfectly confident that the proper time has arrived. In our opinion, little would be gained by promoting any activity in the field at this time. In the first place, satisfactory sound product for use with home equipments is not available in any quantity. Most of the sound pictures now available for home production are unsatisfactory from the standpoint of quality and subject matter. Until one or more of the large producers definitely announces intention of supplying sound pictures to the home, the home apparatus has no real, lasting appeal to any great number of buyers."
Gomersall with Universal as Division Supervisor
E. T. Gomersall, for 10 years with the Fox organization and for the past three years assistant to James R. Grainger, has joined Universal as supervisor of the central western exchange division, with headquarters in Chicago. He will be directly under Harry Taylor, western sales manager for Universal.
Gomersall has left for Indianapolis, en route to Chicago, and will shortly make a tour of all the offices over which he will have supervision, including Indianapolis, Chicago, Milwaukee, Minneapolis, Sioux Falls, Omaha, Des Moines, Kansas City and St. Louis.
12 RCA Installations
in Gotham Last Month
Twelve RCA Photophone installations were made in Greater New York during the month of August. Equipments were installed in "the Gloria, Brooklyn; New Madison, New York; Brandt's Carlton, Jamaica; Park, Hudson; Brandt's Windsor, Bronx; Belmore, New York; Glynne's, Sag Harbor; Fifth Ave. Playhouse, New York; Paragon, Beacon; Tiffany, Brooklyn; Windsor Opera House, Belvedere, and the Liberty, Hoboken.
NEW A. M. P. A. OFFICERS ARE FORMALLY INSTALLED
New officers of the Associated Motion Picture Advertisers were voted into office yesterday at the organization's weekly meeting in the Hotel Dixie. The slate includes: Michael L. Simmons, president; Charles W. Barrell, vice-president; George Bilson, treasurer, and Edward Finney, secretary. The Board of directors consists of the aforementioned officers and Hank Linet, Ralph Lund, Paul Benjamin, Edward L. Klein and Vincent Trotta.
Selections for the other posts are: trustee, Tom Wiley replacing C. L. Yearsley; auditing committee, Fred Baer, chairman, Myles Laska, Joe Fine: national chancellor of the U. S. Chamber of Commerce, P. L. Thompson; and staff of the AM PA Bulletin official organ of the association; business manager, Clarence Shottenfels, and editor, Walter F. Eberhardt.
Mike Simmons, in his speech of acceptance, pledged himself and his administrative body tp the best interests of the organization for the coming year. The new regime assumed its official position today.
Edward H. Griffith, Pathe director responsible for "Holiday," was guest of honor at yesterday's luncheon.
Fox Leases New Haven Building
New Haven, Conn. ■ — ■ Fox New England Theaters has taken a 21vrar lease on the Maher building. Total of $262,500 is involved. Fox also plans to reopen the Hyperion, which is being renovated.
Film Industry Antagonist Fails in Renomination
Detroit — A strenuous antagonist of the film industry, Representative Grant M. Hudson, author of the' Hudson bill which provides for Federal control of motion pictures, has been defeated in his campaign for renomination. At the primary election here on Wednesday, Hudson, a fry, was licked by Seymour H. Person, a wet.
Hoffman Leaves Columbia
West Coast Bureau, THE FILM DAILY
Hollywood — M. E. Hoffman, gen>ral studio manager at Columbia, has resigned.
COMING & GOING
The Industry's Date Book
Sept. Sept.
Sept.
Sept.
Oct. Oct.
Oct.
Oct.
Oct.
Nov.
Nov. Dec.
15-16 Ninth annual convention of M. P. T. O. of St. Louis, Eastern Missouri and Southern Illinois will be held in St. Louis.
17 Second meeting of Academy of M. P. Arts and Sciences for discussion of production problems and wide film.
Universal Club will hold a dinnerdance at Longchamps restaurant. New York.
19 Film Golf Tournament to be held by "The Exhibitor" of Philadelphia.
27 Entertainment and dance given by Pathe employees at the Hotel Astor, New York.
3 Opening of "The Big Trail" at the Roxy. 20-21 Tenth Annual Convention of M.P.T.O. of Western Pennsylvania and West Virginia, Pittiburgn.
20-23 Fall meeting of the Society of M. P Engineers, Pennsylvania Hotel. New York.
27 Hearing of two appeals on Thacher Decision to be heard in U. S. Supreme Court, New York.
27-28 Annual convention of Allied Theater Owners of Texas at Baker Hotel. Dallas. 1 Second annual dinner-dance to be held by Universal club at the Hotel Astor, New York. 10, 11, 12 Annual M.P.T.O. A. convention to be held in Philadelphia.
31 M. P. Salesmen's New Year Frolic at the Plaza Hotel. New York.
HARRY ROSS of the Federal Theatrical Accounting Service has left for a tour of the country.
E. T. GOMERSALL has left for Chicago to assume his new duties with Universal.
RED KANN leaves tomorrow for the coast by way of the Panama Canal.
DONOVAN PEDELTY, English film journalist and publicity man, has come over to serve as Hollywood correspondent for various British publications.
HARRY D'ARRAST. Paramount director, sails for Europe in a few days.
"Outward Bound' Opening Sept. 17
"Outward Bound" will open at Hollywood next Wednesday, succeeding "Moby Dick" which premiered there Aug. 14.
New Incorporations
Sound Projectors, operate motion pictures; L. Day, 38 Park Row, New York. 200 shares common.
Hellenic Cineman Corp., motion picture theaters; D. J. Marks, 1545 Broadway, New York. $500,000.
International Acoustics, sound pictures; Goldie & Gumm, 1540 Broadway, New York. 1,000 shares common.
Verner Corp.. operate theaters; Cohen, Cole, Weiss & Wharton, 61 Broadway, New York. 200 shares common.
Golden Arrow Production, Ltd., motion pictures; Graham & Reynolds, 25 West 43rd St., New York. 100 shares common. Dissolutions
Ashland Amusement Corp., New York.
Telmar Amusement Corp., New York.
Phone Stillwell 7932 for
NEGATIVES DEVELOPED
and
Positive Prints Made
on standard or 16 mm. stock
INTER-CONTINENTAL
Film Laboratories Inc. 74 Sherman St. Long Island City
Kooler-Aire
BALANCED
REFRIGERATION
KOOLER-AIRE ENGINEERING CORP.
PARAMOUNT BUILDING
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