Talking Screen (Sep-Oct 1930)

Fields, Rodgers and Hart listen to a playback of their song which Inez Coartney recorded under the direction of Clarence Badger for First National's The Hot Heiress. Saving Those Incomes [Continued from page 69] Gardner, who besides being Miss Dresser's husband also acts as her business manager, advised her to buy the garage; at last reports it was developing into a regular gold mine. To J. Harold Murray of Married in Hollywood and Cameo Kirby fame, came the sawmill inspiration. Murray inherited, through a family legacy, the controlling interest in a Connecticut mill. He hired a good manager to run it, and after taking one look over the profit and loss statement for the year, he decided his money was better placed in the -gyrations of saws and belts than in a new Rolls-Royce and a elaborate Hollywood wardrobe ! CLARA BOW hasn't any profitable side line but she is saved a lot of money yearly by her very efficient secretary and companion, one Daisy De Voe, who is about Clara's own age. Miss De Voe runs all the Bow affairs, financial and domestic, does all the purchasing, pays all the bills and sees that the income tax is settled to suit Uncle Sam's exactions. In fact, she manages everything marvellously — except Clara's personal allowance. That, she admits, she has never been quite able to manage. And when Clara spends a bit more than she should, Daisy tries to make up for it by cutting down on the household expenses. She employs four servants — a cook at $100 a month, a personal maid at $100, a chauffeur-gardner at $140, and a studio maid at $100. Miss De Voe, herself, gets $75 a week, and watches over Miss "]T" like a mother. All the laundry for the Bow Beverly Hills home and the beach cottage at Malibu costs about $40 a month, according to Daisy. When they entertain at the beach for a weekend, she spends about $25 for food, but at the Beverly Hills domicile she feeds them all, four servants included, for $50 a week. She buys as much wholesale as possible. NOT a few of the movie stars engage the services of similar experts in financial matters and these people take care of investments, contracts, real estate, funds, charity donations, etc. When a star is approached for money for any of these things or when some high-powered salesman tries to incite interest in his wares, the star merely refers the person to his or her financial manager. ■ And that is not only a good idea, but waives all chances of making an enemy by refusal to donate or buy. Neil Hamilton has such a manager — one J. Rex Cole. He takes the Hamilton salary check and after investing a part of it, budgets the rest and gives Neil $50 a week and two charge accounts for his personal use. Cole pays all the household bills for Neil. He also has Clive Brook, Warner Baxter, William Boyd and Patsy Ruth Mill^ and handles them in much the same way. EIGHT years ago Harold Lloyd brought his uncle, William R. Fraser, from the U. S. Forest Service to Hollywood to become general manager of the Harold Lloyd Corporation, which Fraser was instrumental in organizing. At that time, Lloyd virtually turned over his entire business affairs to Mr. Fraser, who since has handled all the Lloyd investments. Fraser, who studied economics and finance at Stanford and Cornell, has proved himself a shrewd investor, and as a consequence the Lloyd resources have been protected and invested in. such a manner as to guarantee the comedian an extremely suitable income for the rest of his life. Conservative, like his nephew, Fraser instituted a policy in investing primarily in gilt-edged bonds and real estate. He advocated the purchase of the land on which Lloyd subsequendy built his home in Benedict Canyon and his judgment of that property has been vindicated by the rapid increase of land values in that section. His ix)licy has been "protection always" for the money which he is intrusted to handle and invest, and he has the reputation in Hollywood of having yet to lose the first penny for Lloyd. Lloyd has no interests in the picture business or any other business except through his bond holdings in the latter. He invests all his own money in his pictures and has never had to resort to outside sources for financial aid since becoming an independent producer more than six years ago. ACK DEMPSEY'S wife, Estelle Taylor, helps save him money by advising him Did You Ever Give Your Face a Clasmic Pack? YOUR first Clasmic Pack will be a thrilling experience never to be forgotten. For Clasmic Pack, developed by 13 years of research and improvement in the famous Boncilla Laboratories, is the quickest way known to a lovely complexion. You smooth a fragrant, soothing, creamy substance on your face. 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