Hollywood Filmograph (Jan-Dec 1932)

^)tt* \1 7,\1° NOV 26 (932 ^ n\ HOLLYWOOD mmo VOL. 12/NO. 44 Copyright 1932 — Hollywood Filmograph — Established 1922 HOLLYWOOD, CALIFORNIA, SATURDAY, NOV. 19, 1932 t? =s ;j/, PUBLISHED WEEKLY P.N/ •§& iff J* Theaters are Soon to be Protected by Nei& Organization Great Loss Shown in Warner Bros, Financial Statement Startles Industry WILL PRESERVE FREEDOM « AND PROMOTE PROGRESS OF PICTURE THEATERS NEW YORK— The American Society for the Protection of the Motion Picture Theater, an organization which is establishing nation-wide affiliations among all the branches of the movie industry, has been formed and chartered in New York with headquarters at 1 450 Broadway. Its purpose is to preserve the freedom and promote the progress of science and the useful arts as they apply to the motion picture theater. "Owing to the rapid advance of the electronic art, which is the basis of talking motion pictures, the economic set-up of the entire industry is threatened," according to Robert Robbins, the executive secretary. "The Society is taking the necessary steps to be prepared to cope with those changes when they come." "SILVER DOLLAR" TO BE RELEASED DURING CHRISTMAS WEEK Edward G. Robinson's latest starring picture for First National, "Silver Dollar," directed by Alfred E. Green, in which he is supported by Bebe Daniels, Aline MacMahon and Robert Warwick, will be nationally released during Christmas Week, according to present plans. It was originally planned to released the picture on December 10, but a West Coast preview this week, which established its importance, has influenced company officials to postpone release until the holiday week. The consensus of opinion after the preview indicated that "Silver Dollar" is First National's greatest production, with Robinson giving the strongest characterization of his career as H. A. W. Tabor, Denver s silver-mining Lieutenant-Governor. "Silver Dollar" will be shown on Broadway, and in a few other important localities, before the national release scheduled for it, First National home office executives said. ACADEMY ELECTS ITS NEW OFFICERS AT MEETING Officers of the Academy of Motion Picture Arts and Sciences for the coming year were elected at the first meeting of the film body's new board of directors on Tuesday night, Nov. I. The board consists of 15 members, who serve for three three year terms, five being elected each year. New members this year are: Actors, Sam Hardy; Directors, John Cromwell; Producers, B. P. Schulberg (reelected); Technicians, J. Theodore Reed; Writers, Oliver H. P. Garrett. The ten board members with unexpired terms are: for one year, Lawrence Grant, Donald Crisp, Irving G. Thalberg, Karl Struss and Al Cohn ; for two years, Conrad Nagel, Frank Capra, M. C. Levee, Max Ree and Benjamin Glazer. ROSCOE KARNS The the _ ve picture could easily be used as a gentle reminder to help COMMUNITY CHEST AND THE MOTION PICTURE RELIEF FUND. But, it is intended to show you the versatility of this well known actor, who was placed under contract by Paramount through the Joyce and Selznick offices. WARNER DEFICIT MOUNTS IN YEAR ANNUAL OPERATING REPORT OF FILM COMPANY OUT LOSS AFTER ALL CHARGES SET AT $11,224,550 CHANGE IN WRITE-OFF POLICY ACCOUNTS FOR PART NEW YORK, Nov. 12. (AP)— Warner Brothers Pictures, Inc., today reported for its fiscal year ended August 27, last, a net loss after all charges of $11,224,550, which compares with a loss of $7,918,605 in the previous year. Net loss from operations before amortization and depreciation of properties and before allowing for the profit arises from the retirement of funded indebtedness was $4,794, 508. During the year the company changed its former method of amortizating film inventories with the result that write-offs are now sharper in the earlier stages of a film's showing than they were formerly. Under the revised rate, 3J/2 Per cen' °^ a n'ms cos* is written off thirteen weeks after release and 73 per cent within twenty-six weeks after release. The former scale was 12J/2 and 65% per cent for the same periods respectively. The application of the revised rates has resulted in an increased amortization during the year ended August 27, 1932, of $1,368,524," said Harry M. Warner, president, in his statement to stockholders. The president also said special reserves against property values had been set up in amount of $3,633,895 to meet the company's action, during the year, of discontinuing certain unprofitable properties. The company's balance sheet disclosed total current assets of $14,904,263, of which $9,442,645 consisted of inventories, against current liabilities of $12,906,591. LOS ANGELES TIMES— SUNDAY NOVEMBER 13 TO PRODUCE The Walter Trask Theatrical Agency, in expanding its forces has added a Production Department, which will produce its own attractions and book through its own office. Lon Murray is to be Production Manager and will be assisted by his former Stage Manager, Irwin D. Fradenburgh. n**************** Annual Merit Awards Full details of the annual awards of merit, that were bestowed upon members of the film colony at the Dinner in the Ambassadore Hotel Friday night of the Academy of Motion Picture Arts and Sciences, will be reviewed in next week's issue of Filmograph. Look for it. *****************