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Firms Contribute New C'Scope To Hospital
New York — As a means of adding to the patients’ entertainment and rehabilita¬ tion, a group of firms have contributed, as in industry service, equipment and in¬ stallation of new optical CinemaScope at Will Rogers Memorial Hospital. Installa¬ tion has been completed, and was in¬ augurated last month.
“An important part of our program at Will Rogers is the weekly showing of motion pictures to help put patients’ minds at ease, to bring them relaxation, and thus make them more responsive to medical treatment,” said A. Montague, president of Will Rogers, “and this new CinemaScope will enhance the quality of pro¬ gram material for the patients.”
Montague extended the thanks of the board of directors, and acknowledged the contribution of equipment from: Radio Corporation of America, Camden, N. J., for the RCA Dynalite screen; to Radiant Manufacturing Corporation, Chicago, for the tubular aluminum screen frame; Capitol Theatre Supply, Boston, for Snaplite lenses; Goldberg Brothers, Denver, for eight 2,000 foot reels; the Ballantyne Company, Omaha, for two projector bases and equipment for soundheads; Wenzel Projector Company, Chicago, for maga¬ zines, splicer, lenses and apertures; and Neumade Products, Inc., for Neumade re-winder and Griswold film splicer.
Stanley Warner Management Corpora¬ tion, and Altec Service Company, New York, supplied the installation, which was engineered by Si O’Toole and Lou Greene, installation engineers of Stanley Warner, and I. F. Johnson, of Altec Serv¬ ice. Altec’s Albany office will service the equipment.
GPE Reports '55 Theatre Equipment Sales Sag 30% From All-Time High
New York — A decline of 30 per cent in sales of motion picture theatre equip¬ ment from their all-time high in 1954, together with a number of other impor¬ tant factors, adversely affected the 1955 net earning of the General Precision Equipment Corporation, it was revealed last week by Hermann G. Place, GPE president in a preliminary report to stockholders.
Consolidated net profit for 1955 was $2,530,758, equal to $2.05 per share on 1,031,644 shares of common stock out¬ standing at the yearend. For 1954, con¬ solidated net profit amounted to $5,488,090, equal to $5.54 per share on 934,174 com¬ mon shares outstanding.
Consolidated sales of GPE for 1955, however, were eight per cent higher than in the previous year, reaching the record figure of $133,337,819.
Commenting on the drop in profits. Place said earnings were cut by lengthy strikes at two subsidiaries, one of which affected adversely the production of motion picture equipment (International Projector Cor¬ poration). The IPC strike was settled last January.
Place declared an appraisal of the very constructive achievements of the GPE companies in 1955 and the character of the work they are doing, “justify contin¬ ued confidence in the growth and devel¬ opment of the business.”
TESMA Committees Swing Into Action
New York — Committees of TESMA, named to promote the welfare of that organization were released by president Lee Jones.
The Motion Picture Industry’s International Trade Show, to be pre¬ sented at The New York Coliseum, Sept. 20-24, through the joint efforts of TESMA, Theatre Owners of America, the Popcorn and Concessions Association, and the Theatre Equipment Dealers Association, will be the target of all of the committees, according to Jones.
The Department of Commerce of the United States has been of great assistance in promoting the international aspect of the forthcoming Trade Show, Jones declared, stating that Nathan D. Golden, director of Scientific, Motion Picture and Photographic division of the Department had volun¬ teered to work through the Foreign Service Offices of the United States to invite participation in the Trade Show of foreign manufacturers of theatre equipment.
The Theatre Owners of America has invited representatives of all theatre organizations throughout Europe to attend its convention which takes place simultaneously with the Trade Show.
Names of TESMA’s committee members follow:
Trade Show — 1956
Oscar F. Neu — Chairman, Neu¬ made Products Corporation; Joseph Fetherston, Kollmorgen Optical Cor¬ poration; Edward Altman, Capitol Stage Lighting Company; Larry Davee, Century Projection Corpor¬ ation; V. J. Nolan, National Carbon Company.
Membership
Ben Adler — Chairman, Adler Sil¬ houette Letter Company; Fred Aufhauser. Projection Optics Company; George Marchev, Gordos Corpora¬ tion; M. D. Paige, Norpat Sales, Inc.; A1 Boudouris, Eprad Company; Ed Lachman, Carbons, Inc.; Fred Mat¬ thews, Motiograph, Inc.
Advertising
Arthur Hatch — Chairman, Strong Electric Corporation; Harold Wendt, Wendt Advertising Company; Bob Hoff, Ballantyne Company; Larry Davee, Century Projector Corpora¬ tion; Leonard Satz, Raytone Screen Company.
Dealers Liaison
W. A. Gedris — Chairman, Ideal
Seating Company; Tom La Vezzi, La Vezzi Machine Works; M. H, Stevens, Bausch and Lomb Optical Corporation; Jack O’Brien, Radio Corporation of America; Lee Jones, Neumade Products Corporation: Merlin Lewis, Executive Secretary. Membership Acceptance Tom La Vezzi — Chairman, La Vezzi Machine Works; Emil Kern. J. E. Robin, Inc.; A. E. Meyer, In¬ ternational Projector Corporation: F. W. Keilhack, Drive-In Theatre Manufacturing Company; Hal Huff, Hal I. Huff Manufacturing Com¬ pany.
Theatre Liaison
Larry Davee — Chairman, Century Projector Corporation; Jack O’Brien, Radio Corporation of America; A. A. Ward, Altec Lansing Corpora¬ tion; A. E. Meyer, International Projector Corporation; Bob Hoff, Ballantyne Company; Fred Mat¬ thews, Motiograph, Inc.
President Lee Jones and Execu¬ tive Secretary Merlin Lewis, are members ex-fficio of all committees.
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March 28, 1956
PHYSICAL THEATRE DEPARTMENT of MOTION PICTURE EXHIBITOR
PT-31