Year book of motion pictures (1940)

1916 as Famous Players-Lasky Corp., a merger of Famous Players Film Co., Paramount Pictures Corp., and Jesse L. Lasky Feature Play Co., Inc. Changed to Paramount-Famous Lasky on April 1, 1927, and to Paramount Publix Corp., on April 24, 1930. New capitalization: 20-year 6% sinking fund debentures, $27,110,000; cumulative convertible 6% first Preferred stock ($100 par), 196,055 shares authorized, 142,171 outstanding; cumulative convertible 6% second Preferred stock ($10 par), 579,400 shares authorized, 555,100 outstanding; Common stock ($1) par, 4,467,149 shares authorized, 2,465,900 shares outstanding. In recapitalization, holders of old stock received one share of new common plus warrants for each four shares of old common stock. Dividends: Common, 15 cents in 1939; 1st Preferred, $6.00 in 1939; 2nd Preferred, $.60 in 1939. PRICE RANGE OF STOCK COMMON Earned Year High Low Per Sh. 1939 145* 6% 1938 13** SH $.55 1937 28 J4 8/ 1.78** 1936 25 7*A 1.18 1935 12 8 .79 1ST PREFERRED Earned Year High Low Per Sh. 1939 107J4 72 1938 103 65 $17.82 1937 200/ 80/ 37.05** 1936 174 59 18.51 1935 lOlfi" 67 12.61 2ND PREFERRED 1939 15 J* ?tt 1938 1354 6H $3.03 1937 26H 8 8.23** 1936 22H 85* 4.08 1935 1454 9'A 2.57 PRICE RANGE OF OLD STOCK 1935 SH 2/ $.60*** 1934 Sys 1H X 1933 2H 'A t 1932 11/ 1/ 6.30* 1931 50<4 5/ 2.02 1930 77/ 34/ 6.15 1929 7S'A 35 6.36 1928 S6H 47-4 4.22 (Old stock, before 3-for-l split) 1928 153*4 111*4 1927 115 J* 92 12.85 1920 127/ 103/ 10.82 1925 114^4 90/ 18.39 1924 98/ 61 20.08 1923 93 52 14.96 1922 107 76/ 14.70 1921 S2'A 44SA 18.95 1920 95 40 21.37 * Estimated deficit, t $5,692,000 operating net. t $6,000,000 approx. operating net. ** 9 months. *** Estimated in 6 months to June 30. PATHE FILM CORP. Holding Company Incorporated Dec. 28, 1914, in New York General Office, 30 Rockefeller Plaza, New York Company incorporated as Pathe Exchange, Inc., in 1914 as a continuation of the business organized in this country in 1904 (started in France in 1898). Certain major assets sold to RKO in 1931. In reorganization effected in August, 1935, name changed from Pathe Exchange, Inc., to Pathe Film Corp. Under a plan approved by the stockholders of Pathe Film Corp. on Feb. 16, 1939, a new company, Pathe Laboratories, Inc., was formed. To this company were transferred the two laboratory properties, Monogram Pictures stock, Radio-KeithOrpheum notes, capital stock and properties of all subsidiary companies and other Pathe assets except 3,500 shares of Du Pont Film Mfg. Corp. stock. In addition, Pathe borrowed $200,000 on the Du Pont stock and transferred it to the new company for operating capital. In return Pathe received 11,620 shares of Pathe Laboratories, Inc. — total amount of outstanding stock. The new company assumed all obligations and liabilities of Pathe except a bank indebtedness of $275,000. Half of the new company's stock was distributed to Pathe Film's Common stockholders on March 29, 1939, in the ratio of 1 share for each 100 shares held. The remaining 50 par cent was distributed on April 28, 1939. Capitalization: Common, $1 par, 2,000,000 shares authorized, 581,679 outstanding; $7 convertible preferred stock, no par, 30.000 shares authorized. 7,734 outstanding. (40,215 shares of common stock are reserved for conversion of 8,043 shares of preferred stock. The preferred stock is redeemable at the option of the corporation at any time on 60 days notice at $110 per share and accrued dividends, and entitled in liquidation to $100 per share and accrued dividends). Dividends: Preferred $7.00 in 1937. PRICE RANGE OF STOCK (Following reorganization) Common Earned 7% Preferred Earned Year High Low Per Sh. High Low Per Sh. 1939 13/8 SH 1938 14*4 3/ $'.04 $2*.76t 1937 10J4 4 .40t 103 92" 34.38 1936 HZ* 6H .22 22.87 1935 7'/4 m .33* OLD PATHE EXCHANGE INC., STOCKS Common Earned Class "A" Earned Year High Low Per Sh. High Low Per Sh. 1936 WA 6*4 D 1935 1/2 / D 1754 S ""d 1934 V* $1,181) 24*4 WA $.59D 1933 2/ H .68D 1454 154 1.22 1932 l 'A 54 1.21D SH 154 .72D 1931 2/8 54 1.67D 8/s 15* 2.54D 1930 9 1/ 3.21D 19/8 2% 8.52D 1929 14 '/8 2/ .60D 30 4/ 1.74 1928 15 2 1.07D 34 854 .49 1927 12 3*4 50 1854 8.81D 8% Preferred 1934 $9.75D 1929 $62.41 1933 3.35D 1928 23.30 1932 23.46D 1927 267. 56D 1931 68.59D 1926 106.07 1930 249.66D 1925 168.80 D— Deficit. •From Aug. 15 to Dec. 28, 1935. 993