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MOTION PICTURE
DAILY
VOL. 82, NO. 9
NEW YORK, U.S.A., MONDAY, JULY 15, 1957
TEN CENTS
At MP A Offices
Arbitration Meet Resumes Here Today
Administrative Committee Will Present Proposals
UA Stock Hits Board Wed.
By JAMES M. JERAULD
Further discussion of industry arbitration is scheduled for today at the Motion Picture Association offices here. Since the last meeting of distributor and exhibitor representatives the committee on administrative ar(Continued on page 4)
Haight Treasurer of t National Telefilm
National Telefilm Associates Frill day appointed a treasurer, an action H which it said reflected its expansion. I He is Eric H. P Haight, for 30 |]j years in aspects ■I of the film D business.
M r. Haight H will report dill rectly to NTA l| president Ely H Landau.
M r. Haight for 18 years was president of Films, Inc., and previously was with the investment firm, Spencer Trask. The past year, he had been in private invest(Continued on page 6)
Television Today
Page
Eric H. Haight
Common stock of United Artists will be admitted to trading on the New York Stock Exchange Wednesday states Arthur B. Krim, president. The Securities Exchange Commission approved acceleration of the listing 12 weeks after the first offering to the public April 24.
Present UA management with Robert S. Benjamin as chairman of the board and Krim as president took over in 1951 and eliminated losses by raising the gross income to $20, 136,000. This meant a net before taxes of $313,000.
Krim told the first public meeting of stockholders June 4 that the company's position was continuing to improve. Gross income for the first 1957 quarter was $14,389,000, up 14.6 per cent over the same quarter in 1956.
Richmond, Va., Council Studies Tax Repeal
Three members of the Richmond ( Va. ) City Council have been appointed by Mayor Garber to make_ a detailed study of the city's amusement tax and to make a report by September.
Council authorized the study after considering a request from Richmond theatres to repeal a 5 per cent admissions tax. The latter applies to theatres, which pay a principal portion of (Continued on page 5)
Wall Street Sees Gains In 1957 Film Income
Further improvement in film industry earnings is possible for 1957 as a result of the prospective release of 350 features, an increase of 78 over the 1956 total, according to the Standard & Poor's latest industry survey dated July 11.
Earnings prospects are mixed, the survey states, but an improvement in operating earnings is expected for (Continued on page 4)
Writes FCC Head Doerfer
Toll TV Decision Is For Congress: Celler
Urges Commission to Take No Action on Field Tests Until Authority Is Clear
By J. A. OTTEN
WASHINGTON, July 14. — House Judiciary Committee chairman Celler (D., N. Y.) urged the Federal Communications Commission to take no action authorizing field tests of subscription television without prior approval from Congress.
See Multiple 1st Runs Unlikely in Midwest
Special to THE DAILY MINNEAPOLIS, July 14.-There seems little likelihood that the newlydeveloped pattern of by-passing big city first runs in favor of sub-run saturation pattern in sub-run houses will be adopted in the upper midwest (Continued on page 5)
Gregg Retires, Lack Is New Westrex President
Eugene S. Gregg has retired from the presidency of Westrex Corporation, and Frederick R. Lack on August 31 will succeed h i m. Mr. Lack also will continue as vice president of Western Electric's radio division.
Western Electric owns Westrex, an equipment distributing firm overseas..
Mr. Gregg E S Gre§g came to Western Electric in 1926. He was a statistician. A year later he was chief statistician. Two years later he went (Continued on page 5)
In a letter to FCC chairman John Doerfer, Celler said it was "clear that the proposed demonstrations of subscription television involve a calculated risk of such magnitude and with such vital implications for the future of television broadcasting that the decision whether or not to embark on them should be made by Congress and not by the commission."
Like House Commerce Committee (Continued on page 6)
Study Territory Issue In Goldwyn Suit
Special to THE DAILY
SAN FRANCISCO, July 14.-Dimensions of the territory in the scope of Samuel Goldwyn's monopoly suit against Fox film interests has become a major point of contest in the case which started here last Wednesday before United States Judge Edward P. Murphy.
Goldwyn's attorney, Joseph L. Ali(Continued on page 6)
New Chaplin Film Slated For London Bow Sept. 12
From THE DAILY Bureau
LONDON, July 14. The world premiere of Charles Chaplin's first all-British film, "A King in New York," has been fixed for September 12 at the Leicester Square Theatre here.
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