The Film Daily (1931)

OAILV Monday, June 1, 1931 :the <» IIIMKIM MlVNi. 121 Miifej. lui 1,1931 Priei 5 Celts I0KN W AUCOATE Editor and Publisher Pnblilhcd daily except Saturdays and holidays : ,SO llroadway New York, N. Y., and copyright (1931) by Wid's Films and Folk, Inc. J. W. Alicoatc, President, I Publisher; Donald M. Mcrsereau. Treasurer and General Manager; m W. Eddy, Associate Editor; Don Gillette, Managing Editor. En1 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. Subscriber should remit with order. Address all communications to THE FILM DAILY, 1650 Iway, New York. X. Y. Phone Circle 7-4736. 7.4737, 7-4738, 7-4739. Cable adFilmday, New York. Hollywood, rnia — Ralph Wilk, 6425 Hollywood Blvd. Phone Granite 6607. London — Ernest \V. Fredman, The Film Renter. 89-91 Wardour St., W. I. Berlin— Karl Wolffsohn Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographie Francaise. Rue de la Cour-des-Noues, 19. FINANCIAL All securities markets were closed Saturday in observance of Memorial Day. Claims Prior Right To Show "Hell Bound" Alleging prior right to the picture, the Savoy of Jamaica has filed suit in the Supreme Court, New York County, asking an injunction be granted restraining Tiffany, RKO Film Booking Exchanges and Long Island Operating Corp. from permitting exhibition of "Hell Bound" at the Merrick, Merrick, L. I., June C. Decision is expected early this week. Attorney Louis Nizer argued the case for the defendants, and Attorney Lewis Alterman represented the plaintiff. David Trachman Dies David Trachman, attorney, who has been an assistant to Louis Nizer for the past three years, died Friday morning. Trachman, who was 29 years old, was buried Sunday in Brooklyn. J.: New York S.J 1 540 Broadway :.t BRyant 9-4712 R Lon(, Island City ♦'♦ 1 54 Crescent St. ;*J STillwell 4-7940 •'♦ "Eastman FHmsff j| J. E. Brulatour, Inc. || :.: :': Chicago Hollywood *"• 1727 Indiana Ave. 6700 Santa Monica H ♦•; CALumet 3692 Blvd. & it HOLlywood4121 S? S *.* ♦.♦ it $102,004,009 DROSS SETS NEW FOX PEAK (Continued from Page 1) ventory write-off was on a basis of 52 weeks. imparative income account follow--: 52 Weeks 52 Weeks Ended Ended Dec. 27, Dec. 28, 1930 1929 Total income from all sources $102,004,009 $83,184,112 iting expenses 54,563,268 42,739,674 Write off of film costs, etc 27,305,357 24,158,544 Depreciation 3,873,560 2,678,761 Interest on funded debt 1,548,330 1,672,652 Net profit applicable to minority interests 790,057 1,199,430 Interest on oneyear gold notes. 2,290,250 Discount on oneyear gold notes, 1,133,106 Provision for Federal taxes 248,254 1,266,000 Net operating profit 10,251,827 9,469,051 Non-recurring expenses 1,046,392 The balance sheet shows total assets of $201,354,475, as compared to $124,243,716 at the close of 1929. Company's reserve fund, which stood at $11,576,297 on Dec. 28, 1929, was reduced to $2,999,395 as a result of the following charges during the rear: Extraordinary expenditures incurred during the period of financial readjustment, less portion assumed by associated company: Proposed financing pursuant to the terms of the Bancamerica-Blair Plan, not consummated, $748,245.90. Authorization of additional 4,000.000 shares of capital stock, $257,851.18. Additional compensation and bonuses paid to employees, $1,322,722.28. Legal fees, $2,038,711.52. Accounting fees, $168,281.86. Outlays in connection with acquisition of British properties, not capitalized, $1,286,290.71. Cost of proposed acquisition of British properties, not consummated, $177,872.47. Outlays in connection with "Grandeur" film experiments, settlement of royalties previously in dispute, and sundry non-operating charges, $489,426.04. Outlay on repurchase of "A" stock of Fox Theatres Corporation from Case interests, $437,500.00. Amount of reserve considered excessive and restored to surplus, $1,650,000.00. Mildred Dalzell Injured West Coast Bureau, THE FILM DAILY Hollywood — Injuries that may disfigure her permanently were sustained by Mildred Dalzell when the automobile in which she was riding met with an accident. Miss Dalzell was cut by flying glass. Helen Twelvetrees Wins Suit Los Angeles — Superior Court has held that Helen Twelvetrees and Edward Slater, driver of her motor car, are not liable for damages in the $100,000 suit of Anna Ruth Price, injured in a collision in April, 1929. New Incorporations NEW YORK CHARTER Tobis Theater Corp. ; Rosenberg, Goldmark & Colin, 165 Broadway, New York. 1.000 shares common. Tobis Forenfilms; same as above. DELAWARE CHARTER Publix Bamford Theater, Inc., Bronxville, N. Y. ; Corporation Trust Co., Dover, Del. 100 shares common. PAIHE AND NAT LEWIS DONATE GOEE PRIZES Two special announcements of extreme interest to all golfers who will compete at the FILM GOLF TOURNAMENT, June 10, at the Fenimore Country Club, White Plains, have been authorized by Lee Marcus, president of RKO Pathe and Nat Lewis, Broadway's ultrahaberdasher. A special prize of 40 wooden golf clubs (drivers and brassies or spoons) of standard make, have been donated by RKO Pathe. Details regarding the manner of competition for the clubs will be announced later. Nat Lewis, as is his Ljcnerous custom, will give a special prize to the best dressed golfer in the tournament. Lewis, as is also his custom, has not told the committee the nature of his donation, but there is every assurance that it will be worth while dressing like a Beau Brummel. Five June Releases Set By Paramount Paramount has set five productions for June release, as follows: June 6, "The Lawyer's Secret," featuring Clive Brook, Richard Arlen, Charles Rogers, Fay Wray and Jean Arthur; June 13, "The Vice Squad," featuring Paul Lukas, Kay Francis and Helen Johnson; June 20, "Newly Rich," featuring Mitzi Green, Jackie Searl, Edna May Oliver and Louise Fazenda; June 27, "The Girl Habit," featuring Charlie Ruggles, which includes Donald Meek, Sue Conroy and Tamara Geva; June 27, "I Take This Woman," co-featuring Gary Cooper and Carole Lombard. U May Distribute "Enemies of Law" Universal is understood to be interested in distributing "Enemies of the Law," produced by S. S. Krellberg with Mary Nolan, Johnnie Walker and Lou Tellegen. THE INDUSTRY'S DATE BOOK June 1-2: Annual meeting of Allied Exhibitors of Northwest, Benson Hotel, Portland, Ore. June 6-8: Columbia western sales meet, Roosevelt Hotel, Hollywood. June 10: Nineteenth Film Golf Tournament, Fenimore Country Club, White Plains, Westchester, N. Y. Adjourned annual meeting of Fox Film Corp., New York. June 15: Annual Convention of Southeast Theater Owners, Atlanta. June 14-18: Annual convention of Advertising Federation of America, Hotel Pennsylvania, New York. June 16-17: Annual convention of M.P.T.O. of Wisconsin, Hotel Pfister, Milwaukee. Sept. 9-10: Semi-annual Convention, Allied Theaters Ass'n of Minnesota, North and South Dakota, Minneapolis. MacLean and Millhauser Leave Radio Pictures West Coast Bureau, THE FILM DAILY Hollywood — Douglas MacLean and Bertram Millhauser, associate producers at Radio Pictures, have resigned, John Burgh becomes assistant to William LeBaron and also supervisor, succeeding Pandro Berman, who has been made producer. It is reported Radio will not give increases when renewing contracts. Flinn and Lalley to be Tried Justice Alfred Frankenthaler has dismissed an application for a writ of habeas corpus which the attorneys for John C. Flinn and Henry F. Lalley submitted to the court. Date for trial has not as yet been set. Studio and Location Sound on Film Recording Low Daily or Weekly H.ie. Powers Clnephone Equipment Corporation T23-TTH AVE.. N. Y. BRYANT 9-6067 Territorial Representatives Wanted The biggest premium proposition ever presented to the motion picture industry. No investment on your part if you meet requirements. Straight commission. Exclusive territories. Selling starts now. Deliveries commencing Aug 15th. Only capable men who have made big money wanted. Popular Classics, Inc. Room 1314 EDWARD GOLDEN 1560 Broadway, N. Y. C. Tel. ME. 34440