Motion Picture Daily (Oct-Dec 1936)

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The Leading Motio Picture Industry MOTION PICTURE DAILY Alert, Intelligent the In In All Branches fOL. 40. NO. 103 NEW YORK, FRIDAY, OCTOBER 30, 1936 TEN CENTS Warner Radio Move Seen as Network Step Two Coast Stations Tied In with KFWB Hollywood, Oct. 29. — Station KFWB, Warner owned and operated, has joined hands with KM PC locally and KFXM, San Bernardino, in what is viewed as a further step in the gradual development of a fourth national radio network. At the same time, the executive personnel at KFWB is being enlarged. Under the general direction of Harry Maislich, Leon Leonardi, formerly with NBC, has been named musical director and Beverly Latham, formerly with NBC in Chicago, has arrived to assume the post of program director. A closer cooperation between the studio in Burbank and KFWB is part of the impending development. Plans provide for the frequent use of name players. The first are Beverly Roberts and Rosaline Marquis of the Warner stock company for a Nov. 3 broadcast on "The Gold Diggers of 1937." If and when the Warner radio idea assumes coast-to-coast proportions, the impression in radio circles here is (Continued on page 3) Fairbanks-Goldwyn Deal for One Film I The partnership deal between Douglas Fairbanks and Samuel Goldwyn covers only the one production, ''Marco Polo," Fairbanks said in an interview here yesterday at the United Artists home office. He has no definite plans at this time for additional production activity beyond the one picture, Fairbanks said. Questioned as to the possible effect on "Marco Polo" production plans of an adverse court decision for Goldwyn in the latter's litigation with (Continued on page 8) No Playwright Deal Despite Financing Although Warners, M-G-M and Paramount are participating in the financing of several Broadway shows this season, the attitude of major film companies on the basic agreement has not changed and no new contracts have been entered into with stage producers, a spokesman for the companies stated yesterday. It was pointed out that Warners' (Continued on page 8) Para. Issues Hit New Highs; Warner Common Also Soaring All Paramount issues on the big board yesterday hit new highs for the year. Warners common also reached a new top figure. Spirited trading in these stocks was a feature of the market with large blocks changing hands during the five-hour activity. On a turnover of 36,400 shares, Paramount common soared to 17'4, closing at this price for a net gain of a point. Loew for the day was 16'/8. The first preferred jumped 7J6 points for a closing high of 125. Low for the session was 119. Approximately 4,700 shares were sold. The second preferred reached a new high of 16, closed at 15% after dropping to 15'/4 for a gain of % of a point. About 18,900 shares were traded. The number of Warner shares changing hands almost amounted to the aggregate of the three Paramount issues, which totaled 60,000. On a turnover of 57,200 shares, Warners common closed at 15, the high, after dipping to 14%, for % of a point profit. Paramount stock has advanced almost 20 points in the last three days and much of the gain has been credited to expectancy of dividend action on the first preferred at the monthly meeting of the board held yesterday, and the release of the company's third quarter financial report which will show the best profit for any quarter this year. The company reported following the board meeting that only routine business had been transacted and no comment concerning the financial statement was made. Ascap Session Draws 450 to Hear Reports Approximately 450 publisher, composer and author members of Ascap attended the organization's semi-annual luncheon meeting at the Astor yesterday. The meeting was addressed at length by Gene Buck, Ascap president, who presented reports of officers of the organization on activities since the last membership meeting during the late winter. E. C. Mills, Ascap general manr ager, and Leslie Boosey, president of the British Performing Rights Society, left last night for Toronto, (Continued on page 8) Church Film Campaign on In Argentina By M. BRUSKI Buenos Aires, Oct. 29.— A film campaign similar to that conducted in the United States by the Legion of Decency is getting under way under the direction of the Argentine Catholic Action Bureau. Films are to be listed and the listings posted in churches and schools. Arrangements are being made for previewing pictures and it is understood that the work of the national censors will be ignored. Officers have been reelected by the (Continued on page 8) Good Musical Might Have Been Better; Durante Fine Durante, the schnozzle man, might not have been red and he might not have been blue, but he was hot all right most of last night over on West 52nd Street. There, at the Alvin, the town's latest contender for musical and dollar honors entered the lists in a season of theatrical competition which has been as marked for its lack of it as it has for its plays. "Red, Hot and Blue" is the name, and it's a good one — snappy and sprightly which is more than can be said for the entire length and breadth of the show. Not that this new Vinton Freedley play hasn't got what it takes. It has in the aggregate and despite interruptions which occurred too frequently for the good of. the whole. As musical comedies go, this one went well enough, although it (Continued on page 8) Majors Again Delay Trade Policy Move Reassert an Intention To Act, However Distributors yesterday reasserted their intention of making concessions which will be "acceptable" to exhibitors who are supporting the M.P.T.O.A. trade practice program, but declined to commit themselves to a definite date on which announcements of their concessions would be made, Ed Kuykendall, M.P.T.O.A. president, said yesterday after communicating with sales offices. Kuykendall had expected announcements of the concessions to be made by at least several of the companies prior to Oct. 26. He said that no satisfactory explanation of the delay in making known the concessions was advanced by any of the companies which gave assurances that "acceptable" concessions would be made. He declined to state what policy he would pursue in the event the declarations are not forthcoming from distributors prior to his departure tomorrow from the city, but indicated that no hasty action by the national exhibitor organization which he heads was possible under the circumstances. Kuykendall pointed out that the adoption of any course of action would require the holding of a board meeting and that directors of the organization could not be assembled overnight. The sponsoring of regulatory legis (Continued on page 8) RCA Equipment Goes Into 64 Loew Spots RCA equipment will be used for the first time in Loew's theatres as a result of contracts closed yesterday which provide for the re-equipping of half of the entire circuit with RCA Photophone reproducers. The entire Loew circuit is to be reequipped with new sound apparatus at an estimated expenditure of approximately $500,000. Indications are (Continued on page 11) Florida Bank Night Case to High Court Tampa, Oct. 29. — The Florida Supreme Court is to be asked to decide whether a theatre can be sued if a Bank Night prize is refused to a patron. The case will go before the court on a writ of error granted Gulf Theatres, (Continued on page 8)