Motion Picture Daily (Jul-Sep 1960)

fuesday, July 5, 1960 Motion Picture Daily Minimum Pay Cinerama Stock Sale (Continued from page 1) n overwhelming voice vote now ap>ears to remove some 13.5 million >resently covered workers from the >rotection of the wage hour law. Ex>ectations are that the Senate will change this. The amendment, offered by Rep. imith (D., Miss.) and designed to nodify the agricultural processing ex;mption so as to make it realistic inder today's conditions, is said by he Labor Department to lift this :overage. Rep. Smith told the House hat this was inadvertant, after it had jeen pointed out by Rep. Pucinski D., 111.). Rep. Roosevelt (D., Calif.), sponsor >f the wage bill that had been ap>roved by the Labor Committee, but vhich the House rejected, confirmed he interpretation of the Smith amendnent as removing presently covered workers from the law's scope. He said it may give us a good chance for inal adoption of a better bill ... or t may mean there won't be any bill t all" this year. The question has arisen whether he House Rules Committee will auhorize a conference later this year 3 reconcile differences (and it is now ertain that the Senate cannot adopt de House bill unchanged between he House and Senate versions). It is believed that Senate adoption f a very liberal measure would make he conservative dominated rules roup very chary of permitting a consrence, even though the conferees re likely to be conservatively inlined, since a bill more far reaching han was the House's intent in passing :s wage bill would almost certainly 3sult. Portrait* Grosses High Following record opening business n premiere engagements in Chicago nd Cleveland for "Portrait in Black," iig openings are reported by Univeral International for the film in San xancisco. Los Angeles, Portland, )enver, Kansas City and Birmingham, pet its multiple-theatre opening in Los Lngeles it racked up $20,629, in San Irancisco $3 938, Portland $2,075, )enver $1,373, Kansas City $1,276 nd Birmingham $1,548. Paces Activity at SEC From THE DAILY Bureau WASHINGTON, July 4. A largescale transaction in Cinerama stock appears in the Securities and Exchange Commission's report of "Insider" transactions during the period from May 11 to June 10, 1960. Nicholas Reisini, officer and director of Cinerama, Inc., acquired 350,000 shares of the common in May from Reeves Soundcraft, Inc., which retains 103,441 shares. The purchase price is payable over a three-year period. Albert Zugsmith received 3,000 common shares of Allied Artists pictures in May, bringing the total holdings to 153,100. Edward L. Hyman, an officer of American Broadcasting Paramount Theatres, disposed of 1,000 common shares in May, retaining 9,000. James G. Riddell, an officer and director, disposed of 280 shares, leaving him with 1,700. Robert Sackman, officer of Ampex Corp., exercised an option for 5,250 shares of common in May, bringing his total to 6,660. Albert A. Garthwaite, director of Decca Records, Inc., disposed of 300 shares of common in May. W. Argyle Nelson, officer and director of Desilu Productions, Inc., acquired 300 shares of common in May, giving him 9,000. A trust controlled by Albert A. List, officer and director of Glen Alden Corp., disposed of 3,700 shares of common in April. In the same month a trust for Vera G. List's daughter acquired and disposed of 3,700 shares, bringing its holdings to 521,853 shares. Bennett Cerf, director of MetroGoldwyn-Mayer, acquired 300 shares of common in April, bringing his total to 800 shares. Victor M. Carter, officer and director of Republic Pictures Corp. acquired 14,800 shares of preferred stock from Holmes Manufacturing Co. in a private transaction during May. Erwin H. Ezzes, officer of Television Industries, Inc., acquired 400 shares of common as trustee in May. Francis T. Kelly, officer of 20th Century-Fox, disposed of 200 shares of common in May, retaining 1,050. Stratford, Ontario, Fete To Show 24 Pictures Special to THE DAILY TORONTO, July 4. The Stratford International Film Festival, which is non-competitive, will present 24 feature-length films this year, it was announced by Louis Applebaum, director. The festival, held in conjunction with the Stratford Shakesperean Festival at Stratford, Ont, will also present an assortment of short subjects, cartoons, documentaries and experimental films from studios in 18 countries. From Aug. 22 to Sept. 3 The film festival is to be held in the Avon Theatre during the two-week period from Aug. 22 to Sept. 3. All foreign-language pictures will be shown with English subtitles. There will also be two special children's programmes. Diamond to Israel for Eichmann Film Confab From. THE DAILY Bureau HOLLYWOOD, July 4. David Diamond will leave here this week for Israel to confer with government officials regarding cooperation in connection with filming "The Supreme Executioner," which he and Samuel Bischoff will produce for Allied Artists. The film will be based on infamous career of Adolf Eichmann. Rank (Can.) in Bowling TORONTO, July 4. The Rank Organization will open its first bowling centre in Canada at New Market, 29 miles north of Toronto, on Sept. 1. If Rank has success with this first alley it is expected to expand further. Chris Holmes, veteran film man and manager of the Odeon Theatre, New Market, will also take charge of the bowling centre. O'Brien Bill Reported 'MagdalencC in Boston REVIEW; Thunder In Carolina Darlington Films Prod.— Howco Int'l. Rory Calhoun and scores of other daredevil drivers go racing off toward wealth and fame or disability and death in "Thunder in Carolina," a "must" hot weather film for all of those thousands of hot-rod fans in America. The picture does not lack for action or well-planted sentimentality. It tells all about those auto race drivers to whom limb, women and sometimes even life is secondary to the winner's circle and the fat purse. Part of the picture was filmed at the "Southern 500" in Darlington, S. C, where Calhoun is shown working with his protege, John Gentry, driver of the car Rory used before a spill forced him into the pit. Just before the big race begins Gentry is enticed into driving for a wealthy race enthusiast who covets trophies. So Calhoun, having lost the driver half of the partnership, must again go behind the wheel. When victory is just a lap or two away from him, Calhoun heroically swerves off the course, wrecking his car and re-wrecking himself, in order to avoid a multi-car accident. Gentry wins the race, regains his wife's love and Calhoun's friendship. The picture tries hard, through Calhoun, Gentry and Alan Hale, whom a racing accident has partially crippled, to explain how racing fever attacks a man and what it does to those who love him. And there are enough thrills, spills and off-track misalliances to please patrons. The wide screen, Eastman Color treatment adds gleam to the adventure. Paul Helmick directed. The picture was produced by J. Francis White and written by Alexander Richards. Running time, 92 minutes. July release Saul Ostrove WASHINGTON, July 4. The House Commerce subcommittee has favorably reportedly to the full committee the O'Brien (D., N.Y.) bill to permit sale of General Aniline & Film to U.S. citizens. Further action will be deferred until August. BOSTON, July 4. The William Shelton production of "Magdalena," which had its American premiere at Ben Sack's Beacon Hill Theatre here, grossed $12,000 in its first week at the house, according to the management. OF THE FOR AUGUST An Arne Sucksdorff Production "THE FLUTE AND THE ARROW" Released by Janus Films Selected &y seventeen . . . entertainment guide for America's top movie goers . . . 4,800,000 young women under 20! PICTURE MONTH