Motion Picture Daily (Jan-Mar 1946)

Wednesday, February 6, 1946 MOTION PICTURE DAILY Stock Deals (Continued from page 1) Isador Lubin (Continued from page 1) Cohn Trust, 3,473 shares, for a total of 10,420 shares. . Other participants in the stock dividend were Joseph A. McConville, who received 51 shares, giving him a total of 154 shares; A. Montague, receiving 2,994 shares for a total of 8,983 shares; A. Schneider, receiving 808 ~*s and disposing of 112 by gift, Kg him a total of 2,212 shares, and receiving also 4,039 common warrants, giving him a total of 12,116; and Donald B. Stralem, receiving 307 shares for a total of 922. Charles Schwartz was reported to have sold 143 shares of common, held through a partnership whose holdings were thereby eliminated, and nine shares of convertible preferred, held direct, also leaving him with none of that issue. Loew's, Inc. The second heaviest total reported was the purchase of 45,000 shares of Loew's, Inc., common, by Nicholas M. Schenck, giving him a total of 50,739 shares. In the same company, William F. Rodgers was reported as purchasing 100 shares of common stock, representing his entire holdings in that class. The next largest totals were involved in a series of purchases by which Harry M. Warner acquired 6,700 shares of Warner common, through a trust, representing its entire interest, in addition to the 150,000 shares which he already held directly. Albert Warner purchased 1,000 shares direct, giving him a total of 211,000, and 6,000 shares through a trust which he had set up. Jack L. Warner, who held 205,000 shares direct, purchased 1,200 shares through a trust, which had a total of 5,000 shares. In Universal Pictures, J. Cheever Cowdin, who held 11,637 shares of common direct, together with 577 shares through the Cheever Corp., and 1,413 shares through Whitehall Securities Co., received 5,000 common warrants as compensation and disposed of 100 of them by a gift, leaving him with a total of 80,816 warrants direct, 1,084 held through Cheever Corp., and 3,578 threugh Whitehall. In the same company, Charles D. Prutzman disposed of 100 shares of common stock by gift, leaving him with 6,500 shares, and he received 3,000 common warrants as compensation, disposing of 50 of them by gift, and held 17,950. Consolidated Film A delayed report on Consolidated Film Industries showed the sale of 200 shares of part-preferred stock held by Herbert J. Yates, as a joint holding, which was thereby wiped out. Another late report showed the sale of 100 shares of RKO preferred held by Ned E. Depinet, and 100 shares held by N. Peter Rathvon, their entire holdings in that class. Other reports showed the exchange of 545 shares of Monogram Pictures convertible preferred for 1,226 shares of common by W. Ray Johnston, eliminating his holdings of preferred and giving him a total of 20,217 shares of common ; the purchase of 100 shares of Paramount common by Maurice Newton, and the disposition of 105 shares by gift, leaving him with 9,360 shares held direct and 9,190 held through a trust; and the purchase of 1,600 shares of 20th Century-Fox common by Joseph H. Moskowitz, who sold 500 shares and held 1,600 shares, together with 500 shares of preferred, nor disclosed that CRI is now servicing 7,000 checking dates per week for its six members, Columbia, Paramount, RKO Radio, 20th CenturyFox, United Artists and Universal. He commended the organization's management, headed by Jack Levin, general manager, for its work since formation of CRI last April. Levin will continue in his present post under Dr. Lubin. The community of interests between exhibition and distribution was emphasized by Dr. Lubin following his introduction. The interests of both are so closely inter-related, he said, that what is good for one is good for both. High standards and goodwill maintained by both exhibitor and distributor will be beneficial not only to them but to the public, too, Dr. Lubin said. He pointed out that motion pictures were available to the masses since the beginning of the industry, unlike inp— other things which were considered luxuries until mass production brought them within the reach of the average person. Congratulations Congratulatory wires to Dr. Lubin were read from Frank C. Walker, Eric Johnston, Bernard Baruch, Herbert Bayard Swope and others. Dr. Lubin, who assumes his post with CRI immediately, and who will make his headquarters in New York, was an advisor to the late President Roosevelt. He was a member of the Allied Reparations Commission and, during the war, served as chief of the Munitions Assignment Board of the combined Chiefs of Staff. Only last week he resigned his post as Commissioner of Labor Statistics in the Department of Labor, Washington. In World War I he was economist for War Food Administrator Herbert Hoover and economist for the War Industries Board. He was an instructor of economics at the University of Michigan and the University of Missouri. Recently he was elected president of the American Statistical Association. M-G-M Meetings (Continued from page 1) PICTURE TO SPRING FROM THE HEADLINES! Hotel Astor, New York, with Maurice N. Wolf, Tom Donaldson, Robert Lynch, Lou Formato, Herman Ripps, Jack B. Mundstuk, Harry Rosenblatt, John J. Bowen, Ben Abner and Ralph Pielow. Rudy Berger's Southern division, in Atlanta, with Charles F. Kessnich, William B. Zoellner, Benn Rosenwald, Charles J. Briant, Burtus Bishop, Jr., Leroy Bickel, Frank C. Hensler, Louis C. Ingram and Jacques C. Reville. John J. Maloney's Central division, at Cleveland, with John P. Byrne, Frank J. Downey, Jack Sogg, Foster B. Gauker, J. Frank Willingham, John S. Allen, Edwin M. Booth and Saal Gottlieb. John Flynn's Midwest division, in Chicago, with Samuel A. Shirley, Walter E. Banford, Ralph Maw, William H. Workman, Dexter C. Kennedy, John G. Kemptgen, Henry A. Friedel, Gerald McGlynn and Carl P. Nedley. George A. Hickey's West Coast division, at San Francisco, with Samuel J. Gardner, Langdon C. Wingham and Louis Amacher. If your reporter! were an exhibitor he would buy it and exploit it with everything in the book. — M. P. Daily The Vampire Voice of the Pacific!