The Film Daily (1931)

Intimate in Character International in Scope Independent in Thought The Daily Newspaper Of Motion Pictures Now Fourteen Years Old VOL. LV NC. 15© NCWYCCr, FRIDAY, JUNE 26, 1931 » « I SIS Three-Reelers Suggested as Dual Feature Cure STATElUGHTERS SElfBEST YEAR SINCE '26 $5.75 in First 40 Weeks Estimated for Loev/s, Inc. Full Year Net Is Expected To Nearly Double Dividend Requirements Net profit of $5.75 on the common -lock, after preferred dividends, is the preliminary estimate for Loew's [nc, in tin 40-week period ended June 6. For the fiscal year ending Aug. 31, the net is expected to be approximately $7, against regular dividend of $3 and extra of $1. ZUKOR MAKEiMTEMENT ON WANGER'S RETIREMENT Simultaneous with formal announcement of his retirement from the Paramount production department, Walter W'anger is now making his office at the American i'lav . 33 West 42nd St., the report being that he i to undertake independent production. In continuing (Continued on Paae 9) 8 New York Indie Houses Merged Under One Head Leon Greenfield, Louis Goidel and Morn> Kutinsky have merged their theater interests in one company which controls eight houses in dreater New York. Kutinsky brought in the Armory, Eden an 1 -tal, all in Brooklyn, and Goidel and Greenfield contributed the Atlantic, Pari (Hurt. Gloria and Court. The concern has also acquired the Flora, 500-scater in Brooklyn, and will reopen the house in August. Another "Hell" Cycle "Hell" continues to be about the most favored word in titles. Three pictures opening today on Broadway have it. "Hell Below Zero" is at the Cameo. "Road to Hell" at the Central, and "Maciste in Hell" at the Warner. Earlier in the season there were "Jaws of Hell," "Doorway to Hell" and "Hell Bound." and just before that, "Hell's Angels," "Hell's Heroes," "Hell's Island," and "Hell's Valley," while "Hello Sister" missed by an "o." Franco-German Accord Follows Product and (Jrowing Indie Exhibitor Ranks Favor Small Exchange 9 That the state rights market is about to experii in the past live years, i the -u of opinion of several independent distributors interviewed bj Tm Film Daua yesterday. Double-I Hiring and the return of houses (Continued on Pagt 12) Lifting of U. S. Restrictions RKO REPORTED ACQUIRING 20 NEW YORK THEATERS Wisconsin Governor Signs Anti-Daylight Measure Madison, Wis.— Governor Phillip La Follette lias signed the anti-daylight saving measure. Under the bill, any one who sets his clock by the advanced time is a criminal subject to a tine and a jail sentence. l'aris — Among the concessions to American companies in connection with the removal by the French Cinema Control Commission of all future import restrictions on U. S. films is a promise that German dia logue films made in France by American interests shall be officially characterized as French product and tinned on Paae 12) Ask Parents to Boycott Gang Films A nation-wide appeal to parents to boycott gangster films has been issued by Mrs. Clara Savage Little dale and George J. Hecht, editor and publisher, respectively, of "The Parents' Magazine." The move is a result of the fatal shooting of a (Continued on Paae 12) Publix Now Controls Three Rutland Houses Rutland. Vt. — With transfer of the Playhouse lease from Thomas V Movie to Publix, which alrcadx Operate the Strand and Grand, the three (Continued on Paae 1-') Kansas Business Club Favors Sunday Shows Hutchinson. Kan. — The Metro Club, young men's organization, has gone on record strongly favoring Sunday entertainment Hutchinson newspapers editorially com mended the stand, saying "it is high time some of the blue noses of Kansas were washed off " Suggest Three-Reel Subjects As Cure for Dual Features Report that KKl) is SOOD to formally announce acquisition of J<> theaters in the Greater New York territory was denied by lot: Plunketl terday. According to the story, the circuit is taking over the Bronxville at Bronxville, among other tin Lower Electricity Rates Affect 450 N. Y. Houm Thousands of dollars will Greater New York exhibitor annually through ,i reduction in electricit) rate which b( lay. The changes in scheduli inaugurated by thi -on. Brooklj n Edison, Un trie Light and Power and the N Y and Queens Light I 'ow er * oiup.it made th.it 450 theaters . the lower scale. Cantor To Appear Abroad With New U. A. Picture Bureau, THE FILM DAILY Hollywood Within the next few week Eddie Cantor will -ail for Europe on a good-will tour ol tinental cities making, personal Btage appear, line ir London, Pari-, Berlin, Vienna and Koine in connection with the showing of his second talking picture, "Palmj Days," a Sam Goldwyn production for United Artists. I lie pil ture will have its ,New York showing in September. Slaying of the double feature problem might be brought about through production of three-reel BUbjectS w lih h would enable an exhib to till out and nicely balance hi bill, in the opinion ^i ■> number of promi neiit exhibitor leader and bin I ten ewed l>\ 'I'm Fii M Daii i terda\ \\ ,ii, pt« tut such length able, theaters could discard twit ioli( iet, it was pointed oul Multicolor Arctic Film Plannedby Howard Hughes Hollywood— First all color motion picture of wild animal and Eskimo life will be made in connection with the MacMillan Arctic Expedition leaving June 29 from Rockland Mc Howard Hushes it backing the . graphic end ot the venture and the picture will be made in Multicolor A Lc Multicolor lrjv<-< Lot Angeles to day for Maine to iom the etpedition