Motion Picture Daily (Jul-Sep 1960)

sday, August 11, 1960 Motion Picture Daily 5 1 Williams to Burn mmy Fund Mortgage Special to THE DAILY )STON, Aug. 10. Variety 's Bill Koster has worked out a ict which is designed to stimulate support of the nation's baseball in helping wipe out the morton Boston's famed Jimmy Fund ling, one of Variety's proud mitarian achievements, med slugger Ted Williams, who donated many years and much to the Jimmy Fund along with .v-members of the Boston Red hopes to see the $1,150,000 morteliminated while he is still an e player. With the help of fans where he hopes to achieve this e ensuing weeks, and has agreed Dster's plan to have the mortgage sd at special exercises precedhe Yankee-Red Sox game in Bosm Saturday, Sept. 24. le name of every contributor to ispecial drive will be placed in e at home plate that day, and name picked in a drawing will ve a replica of the coveted bat ball Williams used to hit his i home run recently. The origi bat and ball will be placed in ball's Hall of Fame in CoopersHN. Y. The name of the lucky ier will become part of this per<;mt and historic exhibit. > former years the Jimmy Fund, ally known as the Children's CanResearch Foundation, has made Ippeals for contributions to those. y in Massachusetts. But because search and care have benefitted ren everywhere, and because ams' fans are spread all over the n, it was believed that fans uniUy would wish to join him in ing the mortgage-burning. lemeter Franchises (Continued from page 1) jitablishment no action on domesapplications will be taken. He | this applied as well to Video Injndent Theatres, Oklahoma City, M the first and largest of the cirI to apply for a Telemeter fran the British negotiations, Novins his London visit had been "highncouraging." However, negotia are continuing and until they lompleted no details will be disd, he said. \igest 'Psycho' Gross Be biggest single theatre gross to I for Alfred Hitchcock's "Psycho" {been turned in at the Brooklyn ^riount Theatre, where it scored a [id $103,565 in its first week endTuesday. The total tops every ■ film attraction in the theatre's ry, including "The Ten ComIments," which played during the Easter holiday period. The )-seat house has been running as f as seven performances daily of cho" since the start of the enment, according to general manEugene Pleshette. NBC -Disney ( Continued from page 1 ) taken cognizance of the reports and bid up the Disney stock a full point on Tuesday and three and Vi more yesterday to close at 31% for a gain of almost 5 points in two days. Financial sources attributed the rise entirely to the backlog sale reports in view of a disappointing first half financial report from Walt Disney Prods, recently. The backlog sale is unofficially described as only one phase of the impending Disney-NBC deal, the other being the producer's switchover to NBC-TV programming on completion of his current ABC-TV commitments, plus the creation of a New York World's Fair attraction for 1964-'65 in conjunction with NBC. The backlog deal itself, reportedly to include both short subjects and features in color as well as black and white, is said to be designed to play an important role in NBC-TV's future program for enlarging market acceptability of color TV. Some reports insisted that only the Disney short subjects are involved in the deal, and features are being withheld for future theatrical reissue. NT&T Dividend (Continued from page 1) dent, said that 844,875 shares of NTA common stock would be distributed at rate of three shares of NTA for each 10 shares of NT&T. NTA will have 1,627,572 shares of common stock outstanding, of which 620,511 shares will continue to be owned by NT&T after the initial distribution. "Not only does this allow NT&T shareholders to participate directly in the potential of National Telefilm Associates," Cantor stated, "but additional changes brought about in the financial structure of the two companies will bring to NTA an improved financial base upon which to build, and to provide NT&T with increased flexibility in its own development program." Cantor indicated that NT&T has under consideration several acquisitions which would add to company's future growth. Cantor pointed out that as NTA operates a television and radio broadcasting station in New York City, distribution is subject to FCC approval. He expressed the hope that the commission's approval can be obtained without undue delay. The board of directors of the company, as a result of this distribution, has decided not to make any further exchange offer to acquire additional common stock or warrants of NTA, Cantor stated. Television Today CBS 6-Mo. Income Re -Draft Bill At $12,669,169 Consolidated net income of Columbia Broadcasting System, Inc. for the first six months of 1960 was $12,669,169 compared with $13,318,871 earned in the first half of 1959, it was announced yesterday by William S. Paley, chairman of the board, and Frank Stanton, president. Current earnings are equivalent to $1.51 per share. Earnings for the first half of 1959 were $1.59 per share (adjusted for stock dividend). Net sales for the first six months of 1960 totaled $231,821,970, as compared with $215,089,500 for the corresponding period last year. This represents an increase of approximately 8 per cent. At its meeting yesterday the board of directors declared a cash dividend of 35 cents per share on its common stock, payable Sept. 9 to stockholders of record at the close of business on Aug. 26. 13 Films Units Work On 'Twentieth Century' Thirteen film units are working in the United States and abroad during August, preparing for the 1960-61 season of "The Twentieth Century" series on the CBS Television Network. "The Twentieth Century" shooting sites within the United States include Atlantic City, N.J.; Burlington, Vt.; Dallas, Tex.; Idlewild, N.Y.; Washington, D.C.; and Stead Air Force Base, Nevada. Abroad, crews are assigned to Beirut, Berlin, Cairo, Moscow and Stockholm, as well as to locations in Greenland and Ireland. Shooting has already been completed in Frankfurt, Tokyo, and with Task Force Alpha somewhere in the Atlantic. The operation of the film units comes as "The Twentieth Century" prepares for the first season of its four-year history in which original shooting will predominate over historical film footage. Eighteen of the series' 26 1960-61 presentations will be films shot especially for the program. CBS News Correspondent Walter Cronkite is narrator. 'Pay9 2nd Week Big Allied Artists reports "Pay or Die" racked up the year's biggest second week gross at the RKO Albee Theatre in Brooklyn with $21,599 in just six days. The picture grossed over $36,000 in its first week at the Albee. SMPTE Book Published The Society of Motion Picture and Television Engineers has announced publication of a 181-page book, "Control Techniques in Film Processing." The book, which contains 73 illustrations, is designed for persons engaged in film processing in laboratories serving motion picture, television and the many specialized fields such as high speed and instrumentation photography. (Continued from page 1) subcommittee hearing, Pastore also said that new language will make it clear that infractions will have to be both wilfull and repeated before any sanctions will be imposed. ; Federal Communications Commission Chairman Frederick Ford appeared to endorse the House bill as written. Pastore drew an admission from him, however, that FCC could work effectively without the House bill's forfeiture provisions. Passage Expected Pastore expects a bill to be passed during the short session of Congress since it embodies reforms which Congress "is anxious to write into law." He made it clear from the outset, however, that he has reservations as to the desirability of giving FCC authority to suspend radio or TV station operations. Spokesmen for the National Association of Broadcasters said most of the House bill's provisions are "constructive." It objected strongly to permitting FCC to fine and suspend the licenses of individual stations. The American Federation of Musicians has urged tighter Congressional control over the FCC. It has indicated particular concern with what was called FCC's inability to "correct many abuses on the air without clearcut expression of Congressional intent." Objected to Dubbing The union's assertion came in connection with the FCC's refusal to bar the use of music recorded abroad and later dubbed into TV soundtracks. Specifically, the AFM urged that "any responsible person or group" be permitted to intervene in radio and television license hearings. JET TO BRITAIN aboard BOAC's daily MONARCH ROLLS ROYCE INTERCONTINENTAL 707 (fastest of all big jets) with 'Golden Service' reservations through your Travel Agent or BRITISH OVERSEAS AIRWAYS CORPORATION Jet and/or jet-prop flights from New York, Boston, Chicago, Detroit, Honolulu, San Francisco, Montreal, Toronto.