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—4A: , mm
Without giving effect to the Operating Exvensés of comrisfions peid to the United Artiete Corporetion of Deleware, the following non— Englieh sne&tking Brénches were the only Branches that oversted at a
loes:
Chile, Peru, Norwey & Theee losses were a6 follows: .
Chile $2,794.38. Thie was due to the extrfordinery exvense at the beginning of the year due to @ chénge in @dministretion st that = which caused the Compény to nay out to an employee who wee dieninted . tonne due under the Chilean law, aleo due to an investigation by Price, Waterhouse & Co,,which we were compelled to make of
the former socounts of the Prench Manager.
“Pern 6,966.96. Thie Branch wae closed down during 1929, but “the teficit-we-carried over, therefore it will te non-recurring. |
Norwe $76. 76. Thies we caused through gener®l conditions of ~~ bueineee in that. territory. .
1931 PROSPECTS
The actual lineup of our picturee for the 1931-32 feseon hee not a6 yet been announced, but Mr.Lichtman is now at the Cotet-“end will in & few daye arrive in New York with the pictures that ere to
rere —_
be releftsed. , apes Ty Pag Meta ee CITY, SP meee aerenencmaneae ened
ee ge eee
Wr.9amuel Goldwyn ie teking over the production ot the Art Cinem® picturee sande we heve gre*t hopes that our product for the forthcoming @encon will be far greater then we have heretofore enjoyed.
At the present time the Corporstion is operating euccesefully,
tome
we h@ving hed very succeseful pictures to Been oai A “ae current year
.
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