Motion Picture Daily (Oct-Dec 1941)

v. October 24. 1941 Motion Picture Daily 7 ajors to Get 20,000,000 rom England (Continued from Page 1) fxked funds and remittances of fcct year's earnings, would be ithorized for withdrawal under Knew monetary agreement.] ile the amount reported agreed i is the largest authorized for reance since the start of the war, regarded in American trade cirhere as less than had been antici(d. American interests had asked had hoped for the release of all heir revenue blocked during the two vears, amounting to an estied $40,000,000, and, in addition, sought the right to withdraw all .nue collected during the vear Xofber, 1941, to November, 1942. Stress Lease-Lend Aid ■ asking for the full release of r British revenue the American ipanies have stressed the easing of .ain's credit position through the multi billion dollar lease lend sures, and the role of an uninterted, full-line service of films in ntaining public morale in Britain .artime. The American companies, jite the fact that their British rev't was drastically curtailed by the ■nuns two monetary agreements, ter initiated any move to reduce \>< irtionately the number of films ; to England. fforeover, the past two monetary «cments have contained specific visions for the reopening of negolions looking to more liberal withUvals in the event that Britain's lar position should l>e improved "ing the course of the agreements, e Americans have repeatedly con"ded that the lease-lend measures •e accomplished this result. Includes Blocked Funds The withdrawals under the new -eement will consist in part of the ease of some of the American com•aies' funds which now are blocked, \i the remainder will be in remittees out of next year's revenue. The first of the two previous money agreements authorized the withjiwal of $17,500,000, representing an imated 50 per cent of the average venue of seven companies for the ,o preceding years. The second reement, expiring Monday, permit1 the remitting of 812,900,000 by the ?ht major companies, or approxiitely one-third of their revenue, liversal was covered by a separate reement during the first year of the ir. SMPE Concludes Fall Meeting Here lanagers Hosts at Party in Pittsburgh (Continued from page 1) >st. Harry Kalmine, Warner Theaes executive here, is chairman. A number of company executives om New York are expected to atnd. The hosts include : James Alexider, Xat Beier, Ira Cohn. Peter ana, Mark Goldman. Herbert Greenatt, David Kimmelman, Lew Lef>n. Arthur Levy. Perry Nathan, tarry Seed and B. D. Stoner. A special plane will leave New ork at 9 A.M., Saturday, Nov. 1. on non-stop flight to Pittsburgh, reachig here at 11 :14 A.M. The improvement in the technical quality of films today because of the use of new fine-grain film was outlined yesterday by V. C. Shaner of the . Eastman Kodak Co., at the conclud | ing day's sessions of the semi-annual convention of the Society of Motion Picture Engineers at the Hotel Pennsylvania. The four-day meeting ended with two technical sessions, one in the morning, a fine-grain film symposium, and the last in the afternoon, a session on sound. Using finer grains of silver produces better pictures and clearer sound. Shaner told the delegates. Other papers on fine-grain film were read bv C. R. Dailv. f. R. Wilkinson. F. L. 'Rich, and L. L. Ryder, all of the Paramount studios. The session on sound was featured by papers on recent improvements in control tracks for theatre reproduction, the design and use of film noise reduction systems, light-valves, and the elimination of reproduction noises as the result of splicing film. The society's next convention will be held in Hollywood in the Spring. Evidence Submitted In Oriental Hearing Chicago, Oct. 23. — Exhibits offered in support of and against motions for dismissal of the Oriental Theatre's clearance complaint were admitted as evidence in the case at the hearing by the local arbitration board today. , Distributor respondents and Balaban & Katz, an intervenor, contended today that the clearance relief sought by the Oriental would necessitate a change in the entire clearance schedules of the city. The case was adjourned to Saturday. End Hearing on St. Louis Complaint St. Louis, Oct. 23. — Hearing of the clearance complaint of Victor Thien. owner of the neighborhood Palm Theatre, against Paramount and 20th Century-Eox, was ended here today. Thien is seeking a reduction of the clearance held by the Aubert and Union. St. Louis Amusement Co. houses, over the Palm. Former Circuit Judge J. Wesley McAfee is arbitrator. Para. Shorts Heads Hold Chicago Meet Chicago, Oct. 23. — Fifty-eight independent wholesale newsdealers of Illinois. Indiana. Southern Michigan. Wisconsin and Minnesota today met with Paramount short subject executives at the Stevens Hotel here to plan a campaign for "Superman" shorts. The local tieup is with the Chicago Times in conjunction with first-run showings in Balaban & Katz houses. Attending from the Paramount home office were Oscar Morgan. Monroe Goodman and Manny Reiner. Sell Minneapolis House Minneapolis, Oct. 23.— The Berger Amusement Co. has sold the 300seat Esquire Theatre here to the American Theatre Co., effective Dec. 1. Berger operates 11 other houses in this area. LESLIE: Ram, dear, please be quiet . . . RAMSEY: I'm not too sick to know what's going on. I know all obout you SANDERSON: Who's to say when sanity ceases and insanity begins . . . ti the border line is as .( imaginary as the Mercy Island Hay (ftoua Middleton • Dickson OTTO KRUGER DON DOUGLAS • FORRESTER HARVEY TERRY KILBURN • WILLIAM MORGANDirector Screen play by Malcolm Stuart Boylan From the novel "Mercy Island" by Theodore Pratt A REPUBLIC PICTURE Buy US Defense Bands