International projectionist (Jan-Dec 1947)

merce stagnated, unemployment was widespread. Some national unions were, unable to weather the storm and passed out of existence; others were barely able to keep their heads above water. With its financial income cut off, the National Labor Union expired. The more thoughtful of labor leaders, in examining the causes for their political failure and the further disintegrating effect of the great industrial depression upon the trade union movement, noted, among other things, that it was the national and international unions whose members possessed the higher grades of craft skill that managed to maintain their organizations while the wreckage of others surrounded them. The reason was not difficult to find — the skilled craftsmen retained their confidence in craft unions even -during a time of depression. It was this nucleus of spartan veterans who kept craft unionism alive, gathering strength and confidence for the great contest of ideas, ideals and theories which was about to divide labor into violently conflicting camps. [To be Continued] General Precision Declares Dividend The consolidated net operating profit of the General Precision Equipment Corp. and subsidiary companies for the quarter ending September 30, 1947 amounted to $174,300 after provision for federal income taxes. This figure is subject to year-end adjustment. The company's board of directors also declared a 25 cents-per-share dividend on capital stock, payable on December 15, 1947 to stockholders as of November 25, 1947. Kodak Declares Stock Dividend The board of Directors of the Eastman Kodak Co. recently announced a common, stock dividend of 55 cents per share for the quarter and the regular 1% per cent dividend on preferred stock of $1.50 per share. All dividends will be paid on January 2, 1948 to stockholders as of December 5, 1947. Since Eastman split its common shares 5-1 last April, common stock dividends this year total $1.60 a share, compared with dividends in 1946 equivalent to $1.40, figured on the basis of the new share. Blue Seal Appoints World Distributors Formerly Latin American distributor, Cinematograph International, Inc., has been appointed world-wide distributor for Blue Seal Cine Devices, according to a recent announcement by J. Burgi Contner, Blue Seal president. Under the new contract. Cinematograph has a 5-year exclusive franchise and will immediately commence the appointment of local distributors throughout the world. The distribution setup will be under the guidance of M. D. Faige, C. I.'s general manager, recently returned from an extensive tour of the Latin American markets. NEW DeVRY EQUIPMENT is Helping Exhibitors Achieve "Perfect Show'' \X/H ETHER yours be a 250-seat to 6,000 ™ seat theatre — or a drive-in with up to 1,000-car capacity — you will want to know all about DeVRY's "12000 Series" theatre projectors, amplifiers and improved In-Car speakers before you buy. With sound head and picture mechanism in one complete unit . . . with patented silent chain drive . . . with war-proved rotary sound stabilizer and a host of other mechanical, optical and audio refinements, DeVRY "12000 Series" theatre projectors are now being installed in finer theatres from the Hudson Bay to the Gulf of Mexico. See them in action at the DeVRY theatre supply dealer or actual installation nearest you. DeVRY Corporation, 1111 Armitage Avenue, Chicago 14, Illinois. In Canada contact Arrow Films Ltd., 1115 Bay Street, Toronto 5, Ontario. For the Perfect Show tyou* ScAt Indoors or Out ' gay & *> DeYry CLAYTON BALL-BEARING EVEN TENSION TAKE-UPS For all projectors and sound equipments All take-ups wind film on 2, 4 and 5 inch hub reels. Silent Chain Drives THE CLAYTON REWINDER For perfect rewinding on 2000-foot reels. CLAYTON PRODUCTS CO. 31-45 Tibbert Avenue New York 63, N. Y. INTERNATIONAL PROJECTIONIST December 1947 29