The Film Daily (1931)

z-^3 DAILV Tuesday, June 16, 1931 :the !■ NIKSMftt Of IIIMIOH Vol. IV Ni. 141 Tuasdir. line 16. 1931 Price S Cents JOHN W ALICOATE Editor and Publisher PuMished daily except Saturdays and holidays at 1650 Broadway, New York, N. Y., and copyright USUI) by Wid's Films and Film Folk, Inc. J. W. Alicoate, President, tor and Publisher; Donald M. Mersereau, Secretary-Treasurer and General Manager; Arthur \V. Eddy, Associate Editor; Don Carle Gillette, Managing Editor. En tered 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, $15.00. Subscriber should remit with order. Address all communications to THE FILM DAILY, 1650 Broadway, New York, N. Y. Phone Circle 7,4736, 7-4737, 7 4738, 7-4739. Cable address: Filmday, New York. Hollywood, California — Ralph Wilk, 6425 Hollywood Blvd. Phone Granite 6607. London — Ernest \V. Fredman, The Film Renter, 89-91 Wardour St., W. I. Berlin— Karl Wolffsohn Lichtbildbuehne, Friedrichstrasse, 225. Paris — P. A. Harle, La Cinematographic Francaise, Rue de la Cour-des-Noues, 19. FINANCIAL NEW YORK STOCK MARKET Net High Low Close Chg. Fm. Ind Stf, 4?* 5H + H Con. Fm. Ind. pfd 14*6 UU 13H + 'A East. Kodak 133 J* 130J4 130'A — 3% F"\ Fm. "A" 20 '4 19J4 19H — ya Th. Eq. (new) ■ sy, 5 5 Loew's. Inc 42$£ 40^ 41 — 14 Paramount 24 J-i 23 4 23'A — Vt Pfthe Exch. "A".. 3|/> 34 34 RKO "A" 144 im 13H — 'A \\ nner Bros 9+« 8^4 9 +4 do pfd 19J4 19 X 19*4 + 14 NEW YORK CURB MARKET Thea. "A"... 3V» 34 34—4 Gen. Th. Eq. pfd.. 134 114 12 + X Trans-Lux 64 64 64 — 'A NEW YORK BOND MARKET Gen. Th. Eq. 6s40 474 454 474 + ?4 Keith A-0 6s 46.. 644 644 644 41 x-war. 964 964 964 + 4 Paramount 6s 47.. 91 90 90 — 4 Par. By. 54s51...10i4 1014 1014 Par. 54s50 80*$ 804 804 + 1 Pathe 7s37 81 81 81 +1 Warner's 6s39 ... 49 46 474 + 2J4 Talker Production in Far East Getting Under Way, Says Musgrove Sound picture production activities arc just beginning to take shape in the Far East, it was stated yesterday by Harry G. Musgrove, who has just been appointed by Ambrose Dowling, RKO foreign manager, as Far East representative. He leaves New York Monday for Shanghai, wlurc he will make his headquarters. Musgrove said that a number of Japanese and Chinese picture companies have sent agents to Hollywood to buy sound equipment and make a survey of production methods. A little sound picture production is going on in the former country, he stated. Lack of proper laboratory facilities and equipment has been an obstacle in the way of sound film production, Musgrove said. A few theater construction projects are being discussed in Shanghai and Pekin, he stated, the houses proposed seating between 2,000 and 3,000. Resuming Work Soon On N. Y. State Ass'n Organization work on the New York State Exhibitor Ass'n will be resumed following final disposition of the fire code ordinance in New York City. President Charles O'Reilly of the r. O. C, C. has been occupied with the code for months and consequently has been unable to engage in organization activities. The association will comprise the New York, Buffalo and Albany exhib units. Contract Let for Coast Automat West Coast Bureau, THE FILM DAILY Hollywood — Contracts are being let for the Hughes-Franklin automatic theater, called the Studio, first of its kind in the West. S. Charles Lee is the architect and the house is expected to be finished in 60 days. Paramount Bond Payment Paramount Broadway Corp., wholly-owned subsidiary of Paramount Publix, yesterday delivered for cancellation to Chemical Bank and Trust Co., trustee, $125,000 par value of its first mortgage S]/2 per cent bonds secured by mortgage on the Paramount Building, New York. The original issue of these bonds was $10,000,000, and $9,250,000 remains outstanding. RKO Dickering With Fox On Product Booking Deal Negotiations are now in progress towards the selling of RKO product to Fox theaters. Charles Rosenzweig, RKO sales manager, yesterday denied that the deal provides for the operation of RKO houses on the Coast by Fox, as reported. THE INDUSTRY'S DATE BOOK Today: Annual Convention of Southeast Theater Owners, Hotel Ansley, Atlanta. District convention of Projectionists' Locals, Hotel Ansley, 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. June 18-19: Annual convention of Allied Theater Owners of New Jersey, Hotel Traymore, Atlantic City. July IS: Educational-Tiffany regional sales convention, New York. Sept. 9-10: Semi-annual Convention, Allied Theaters Ass'n of Minnesota, North and South Dakota. Minneapolis. G. W. Albright Dies Richmond, Ind. — G. YV. Albright, former owner of the Majestic and Princess in London, O., died here several days ago after a long illness. '.*»♦•♦♦♦♦♦♦♦♦#♦♦*•♦ •♦♦*>♦♦♦>♦♦♦>•♦♦•♦♦ « ♦ • •»»*#**♦*; ; ».♦ •*• New York Lont; Island City ♦'♦ J.J 1540 Broadway 154 Crescent St. ♦'♦ 5.J BRyant 9-4712 § STilkvell 4-7940 ♦"♦ 13 ! Eastman Films | g J. E. Brulatour, Inc. % •'• Chicago ♦'♦ 1727 Indiana Ave. ;'♦ CALumet 3692 Hollywood t-J 6700 Santa Monica J-J Blvd. :•: HOLlywood4121 & mm ' • *.• •* ?'.♦♦.*♦.♦«.*♦.*♦.♦♦>♦.♦♦.♦♦.•♦.♦♦>♦.♦♦*♦♦♦♦♦*♦♦♦»•♦•♦♦♦♦*♦•-« Barkey Gets W. B. Chile Post J. S. Barkey has been appointed resident manager of Warner's new branch at Santiago, Chile. Barkey will work under the supervision of William Fait, in charge of all South American distribution. Tennessee Unit To Expand Richmond — Virginia Tennessee Theaters, Inc., a Tennessee corporation of which Samuel Dembow of New York is president, has become domesticated in Virginia with a view to extending its business interests in this state. Principal office of the corporation in Virginia is to be located here, with Thomas B. Gay in charge. 10-Cent Scale at Palace, Mpls. Minneapolis — Publix has brought prices down to 10 cents at its 2,000seat de luxe house, the Palace, now playing third and fourth runs with four changes a week. Former admission price was 20 cents, while several other grinds in the same vicinity have been charging a dime. The Lyndale, uptown Publix house, also has a 10-cent scale. COMING & GOING ERNST FEGTE, former art director at Pat-amount's Mew York studio, is en route to Hollywood to join the company's west coast art department. GEORGE HIBBARD, assistant director with Paramount, leaves today for Hollywood JOSEPH BOYLE, formerly with Para mount as unit manager, leaves Uuie 27 for Hollywood tn join M-G-M. CARL LESERMAX. Warner Bros, sales manager for the West, has returned to New Yo:k following a nine weeks' trip. HANNAH KASS, head of the Columbia f >reign department, sails for Europe tomorrow on the Aquitania. BUDD ROGERS. Sono Art-World Wide sales chief, has left New York on a tour of the Middle West. PHILLIPS HOLMES is on his way to Xev ^ ork. Warner Bros. Loan Warner Bros, have given a mortgage for $800,000 due June 2, 1932, at 5 per cent, to the Pown Corp.. on 227-233 West 51st Street, and on the leases of 217 West 51st St., and 234 West 52nd Street, and on the lease of the street level floor in the building on the west side of Broadway between 51st and 52nd Streets. Sam Gould Selling Out Pittsburgh — Sam Gould, who recently turned over the Senate in Arrtbridge. Pa., to Publix. is reported to be disposing of his Arcadia and Ideal as well, after which he will return to California. Denied "Cine-Tone" Trade Mark Washington Bureau of THE FILM DAILY Washington — Permission to register the term "Cine-Tone" as a trade mark for movie sound apparatus has been denied the De Vry Corp., Chicago, by Assistant Commissioner of Patents William A. Kinnan, in view of the prior adoption and use by the Powers Cinephone Equipment Corp., New York, of the term "Cinephone" as a trade mark for similar goods. Kinnan held the two marks were confusingly similar. talking y trailer ** sound r aner cwcincc ttyle* i o n a I screen iprvicp A J' CHICAGO MCW YORK LO> APMlti IT'S SURE-IT'S PERMANENT-IT'S YOURS How would you like to look forward to an INCOME that would be non-shrinkable, non-fluctuating, payable to you each month YEAR AFTER YEAR, even though you should live to be a hundred years old. For further information, write JOHN J. KEMP 551 Fifth Ave. New York City Phones MUrray Hill 2-7838-9 MOTION PICTURE INSURANCE A SPECIALTY