Motion Picture Daily (July–Sept 1938)

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MOTION PICTURE DAILY Wednesday, July 6, 1936 Warners Holding Companies Dropped Washington, July 5. — Dissolution of the personal holding companies of the three Warner brothers was completed in May, it is disclosed by the semi-monthly report of the Securities and Exchange Commission. The last 500 shares of Warner Brothers preferred stock held by each of the companies was transferred to direct ownership, wiping them out with the exception of Albert Warner's holding company A, which still retained 5,460 optional debentures. The only transactions in Warner Brothers stocks reported for the month were the disposition by Albert Warner of 20,000 optional debentures and the acquisition by Morris Wolf, Philadelphia director, of 200 shares of common, raising his holdings to 950 shares direct and 167 in a trust. As a result of dissolution of the holding companies, each of the three Warners at the close of the month held 14,884 shares of preferred ; in addition, Albert Warner held 59,648 shares of common and 1,739,000 optional debentures, H. M. Warner held 62,860 shares of common and 1,379,000 debentures, and Jack L. Warner held 88,060 shares of common and 1,183,000 debentures. Wanger to Make "Winds" Hollywood, July 5. — Walter Wanger has added "Trade Winds," featuring Fredric March and Joan Bennett, to his program for the current season. Tay Garnett, who filmed the backgrounds on a recent trip around the world, will direct. The Newsreel Parade Movietone News Vol. 20, No. 85 (20th Century-Fox) Good material, skillfully edited and interestingly narrated, contribute to the making of another good release of this reel. President Roosevelt's address at the Gettysburg veterans' gathering and dedication of the peace monument there has the lead position, followed by a review of the British fleet by King George VI and the induction into office of President Hyde of Ireland. Barbara Hutton's domestic troubles receive attention from the camera and commentator. There are spectacular shots of German troops in mass parachute jumps from planes during manuevers, and a good picture and description of the running of the Grand Prix at Auteuil. Helen Wills Moody's victory at Wimbledon is reported and a Detroit baseball school for youngsters contributes an amusing chapter to the sports section. A fashions contribution and Lew Lehr's newsette complete the reel. Running time, 10 mins. K. News of the Day Vol. 9, No. 283 (M-G-M) President Roosevelt's dedication of the peace monument at the Gettysburg battlefield receives the lead position in this interesting and lively release. In reporting the event the camera captured some striking character studies among the aged veterans who attended the Gettysburg reunion. The reel also features a second Presidential address, that at the N. E. A. convention at the New York World's Fair grounds. A review of Britain's sea power by King George VI includes an interesting demonstration of naval marksmanship in the scoring of a direct hit on a radio controlled sea plane. The running of the Grand Prix at Auteuil with its accompaniment of new Paris fashions on display makes a good subject. A youngster's marble tournament at Wildwood, N. J., the American men's team victory at Wimbledon, a diving show at Los Angeles and the A. A. U's 50th championship games at Buffalo, make up the sports section, completing the reel. Running time, 10 mins. K. Paramount News Issue No. 96 (Paramount) The lead position of this issue is given to a review of the British fleet off Weymouth by King George. The story is becomingly filmed and in addition to splendid views of the ships it also offers anti-aircraft gunnery practice — a plane is shot down in eight minutes — and later the ship's crew gives a comical show for its royal puest. Another event handled in fine style is the recent Gettysburg reunion of Civil War veterans. There is much material, all of it attention-holding, as the 75th anniversary of the famous battle is celebrated. The first Indian trade commissioner arrives on the Queen Mary and voices his hopes for continued and prosperous business relations with his country ; Dr. Douglas Hyde, Ireland's president, takes the oath of office ; the recovery of the bodv of Medill McCormick from a New Mexico mountain is documented ; the Barbara Hutton-Count Haugwitz-Reventlow marital upset accounts for a number of library scenes which bear interestingly on the "live" quality of the affair ; Glenn Cunningham runs away with another race at an A.A.U. championship meet in Buffalo ; Helen Wills Moody at Wimbledon ; the National Aquatic Show at Los Angeles with this country's Olympic bets performing and the Gettysburg celebration with President Roosevelt making his highly publicized speech round out the reel. Running time, 9 mins. P. RKO Pathe News Vol. 9, No. 100 (RKO) _ This issue is led by President Roosevelt's address before the National Education Association on the World's Fair site in New York, characterized by the usual Roosevelt emphasis. Pictures of Barbara Hutton, planning a divorce, and her young son, are of news interest. The National Aquatic Show in Los Angeles pictures divers in action. Ireland parades and cheers as Dr. Douglas Hyde, president, goes to assume his office. Of real pictorial value and general interest are the pictures made from a plane flying the new Sydney-New Guinea air route, including jungles, mountains and the crater of a huge volcano. King George VI boards a British battleship to review Nine New Pictures Approved by Legion Nine of 10 new pictures reviewed and classified by the National Legion of Decency for the current week have • been approved, five for general patronage and four for adults. One has been classified as objectionable in pa The list of new pictures and th classification follow. Class A-l, Unobjectionable for^i 1 eral Patronage — "Danger on the Air,1 "Man's Country," "Outlaw Express," "Reformatory," "Young Fugitives." Class A-2, Unobjectionable for Adults — "Always Goodbye," "Crime Ring," "Fast Company," "Son of the Sheik." Class B, Objectionable in Part — "THe Amazing Dr. Clitterhouse." Alexander Meeting Opens in Colorado Colorado Springs, July 5. — Officials and salesmen of the Alexander Film Co. gathered here from all sections of the country today for a five-da\ "master salesman's roundup." The meeting is a climax to the most successful 12-month period in company history, according to M. J. McInaney, vice-president in charge ol sales. J. Don Alexander, president and D. M. Alexander, vice-president j who returned recently from a business ' trip to New York, are in charge. All phases of short length commer cial film advertising on theatre screen; are to be covered at business sessions which will continue through July 8 Butterfield Takes Republic's Lineup A deal for Republic's entire 1938 | '39 program of features, westerns anal serials was closed with E. C. Beatty, •'I president of Butterfield Theatres cir1 cuit of 102 houses in Michigan, by James R. Grainger, Republic president, during his visit in Detroit, from which he returned yesterday. Sam Seplowin, Republic franchise holder for Michigan, sat in on the deal. Mr. Grainger also visited the company's Chicago office. his fleet in maneuvers. The reel ends' with pictured highlights of the National A.A.U. track meet at Buffalo. A generally interesting, if unexciting reel. Running time, 8 mins. A.' Universal Newsreel Vol. 10, No. €81 ( Universal ) The Gettysburg celebration take;' the spotlight in this post Fourth oi , July release and short shots of the, various doings on the hallowecground, including the President's visit and military parade, make up a gooc clip. Another interesting clip is King George attending fleet maneuvers, ar a preview of Britain's war might. Tht balance, made lively by Graham Mc Namee's narration, includes the testing of a new Lockheed plane ; festivi ties at the opening of a Colorado high way ; a quaint Moravian wedding Ralph Guldahl and Denny Shute fight ing it out on the links ; the marble championship finals ; A. A. U. track meet, wrhich provides some fast run ning, and Nearco winning the Pari Grand Prix sweepstakes, which haplenty of action. Running time, mins.