Variety (March 1933)

Tuesday, Msrch 7, 1933 PICTUBES VARIETY 21 ACADEMY EYES FILM AGENT PACT Hollywood, March C. Oolnff 1)efor* • aub«6<iuaiit meet- ing of the boara of dlrecton ot the Academy are three propositions, considered at, a session last week, (or flnal decision. One would admit the agents In a iseparate branch, though virtually muzzling them under a'plan similar to the one existing between Equity »nd the New York 10%era. Other two would bring drastio changes In the constitution, and create a con- ciliation committee on technical matters. Agent proposal, If adopted, would provide for the signing of an agree- ment by them to abide by a code of practice, and would Insist on a standard form of contract between the representatives and their clients. Under these terms, If the agent fall* to provide a certain amount of work for his client the contract would be voided. Only agents delivering would be considered for member- ship. Among the proposed constitutional changes is one providing for the popular election of Academy of- ficers. It Is plianned olso to change the 12 month period for consider- ing Academy Award pictures from August-to-August, to January-De- cember. The proposed new conciliation committee would handle questions concerning technical developments which might at a later date Involve patent trouble. Metro Bans Assents and 'Leggers from Studio Hollywood, March Bars are up again at Metro for agents and others who have been roaming the lot. In the future, agents must contact Benny Thau, assistant to Louis B. Mayer, and get j>ermt8slon to see executives and director*. None will be allowed to see the execa and meggers un- less sent. for. Peddlers, bootleggers and sales- men of all sorts are Included In the new ban order. BASDITS GET $300 Pasadena, March I. Bandits held up the United Ar- tists theatre here early yesterday (Monday) morning and got $300 from the manager, Lester Clarke. Clarke wad phoning the police station for an escort to take the money to the main ofiBce In Los An- geles, when the robbers walked in. 3rd Minneapolis Bomb Minneapolis, March 9. Columbia Heights theatre. Inde- pendent neighborhood house, was bombed early in the morning, mak- ing the third local theatre to suf- fer the same experience. The ex- plosion did $2,000 damage. A. J. Wlthnell, proprietor, employs a booth operator not afHIlated with the union. NO a & K. RCVRSHIP BEARTENS PAR^UX Trouble similar to that which arose la Chicago where efforts were made to obtain a receiver over Bala- ban St. Katz, is expected elsewhere but does not have P-P in an appre- hensive frame of mind. The B. & K. application was killed because 'it had no basis' and may for that rea- son set « precedent for any othn- portlm of the country where se- curity holdeiB may attempt to force receiverships. B&K application was denied in Chicago Thwsday (2) by Judge Wilkerson, who denied application of holder of a $1,000 serial note of B&K Corp. Judge Wilkerson, In denying receivership, took under ad- visement a motion of B&K to re- strain plaintiff from filing an amended bill and granted to plaintiff time In which to file reasons why he should be allowed that privilege. Beating the B&K receiver appli- cation Is the first of Its kind, al- though an application for a receiver oyer Publlx's New Jersey properties ha^ previously been denied. In the case of the New Jersey application. It was misfounded In view of the fMt, aa brought out by Par at the hearing, that company did not have any' 'assets In the states It haid turned back the Walter Reade. These were on a straii^t lease. Tieupt Motion Picture Club's In- augural Ball at the Waldorf- Astoria Saturday night had tleups with Chldnoff, as official photographer, and Trepel, as offlcial florist Chidnoff established a studio In the WaldorTs grand ball- room to snap the merrymakers. JOE BRANDT'S 507, BUY Di FILM TRADE PAPERS Chicago, March C. Attorneys for B & K Informed the Judge that Rose Philbrook's $1,000 bond had been purchased by the plaintiff for $290 and Interest Just five days before the filing of the suit Buys 'Pablio StenQgrapher* Hollywood, March 6. 'Public Stenographer,' orlgrlnal having the Los Angeles to San Francisco overnight bus as a locale, has been bought by Sig Neufeld for Premier Attractions. Story is by Gordon Morris. Douglas Doty Is adapting, with picture starting in three weeks. Riva Love Well agented the story. 4 Conn. Bills Quashed Hartford, March 6. Connecticut legislature quashed four bills affecting the picture In- dustry in this state. The bills Included one calling for a strict censorship of films, bulle- tins and lobliy displays, fire doors of unique construction for all pic- ture booths, requiring the retention of four operators by every theatre In the state, and the demand that two stage hands be retained by every theatre at all times. Wampas Elects Landy Holl^ood, March 6. Wampas election had George Landy winning over Tom Bally by a vote of 41 to 22. Lincoln Quarberg and Sam W. B. Cohn were elected vice-presidents; Teet Carle, secretary, and Andy Hervey, treasurer. Board of direc- tors are John LeBoy Johnston, re- tiring prez; Joe Reddy, George Thomas, Wilson feller, John Miles and Phil Gersdorf. TO A MAN WHO IS LOOKING AHEAD If your confldence In the movlne picture InduHtry Is affirmed by an jnveat- ment In theatre properties, and if your Idea of protection n this Invost- mont la competent local manoBement you are Interestod In this man a quail- flcatlona: 1. C oHese edaoaiioB. SO jtmm of ace. I: fSS^^S StafdiSJ5.aent theatre operator In aa aTeH«e city. *. TwSr/eat? theatre operaUnr experience In the home oKlee of a major 5. TtS^yean' odvertlalnc eipertenoe la the homo offloe of a major Thl«''m^BMT*th7'wod and bad points of both Independent and chain thertr?"e"tU HK future work will combine the best leaso" of each method. KlvlnB the benefit of wide experience to a new situation. Hl« refereniea Inclide aome of the mo.t reputable men in the business. If you're building for future bnslnosa here's your man I Address Box 218, "Vartetx." New York PUBLICITY PubUclty and advertising executive, more than ten years with a prominent motion picture company. With a real record of accom- plishment as a good-will builder. Formerly a successful newspaperman and a magazine contriDu- tor, and a knowledge of how to use thia ability in sale s pro motion work for worthwhile product ^ ,j, , Now available for moUon picture, radio or any other field in any capacity for which the ability to work and the use of good Judg- ment are essential. Salary of minor Importance to opportunity. Box 208, Variety, New York City Joe Brandt, former president of Columbia, has purchased a 60% in- terest in Associated Publications, a group of 12 regional trade papers owned by Ben Schlyen. Price is reported to haye been $10,000, with Brandt laying $5,000 on the line and giving notes for the balance. Coincident with Brandt's buy, Robert Wile, news editor walked Saturday (4). He will bei socceeded by Herb Berg, who resigned from 'Film Dally' to accept the post. Wile has Joined B. F. Ziedman loi charge of publicity. Not Indicated whether Brandt will assume active participation in operation of the Associated trade mags, but believed that he will. Schlyen continues a« edltor-ln- chlet. Tears ago Brandt was la trade paper work as manager of the New York office of 'Billboard', Jumping from that to various film posts which eventually landed him In the proxy's chair at CoL The Associated group of papers, weeklies and montbllea, publishes "Box Office' In New York. Sudden Gosing of Stock Market Finds Amasement Shares Trailing By Al Greasor Bonds Serviced Pittsburgh, March 6. Sufficient funds were made avail- able here last week to pay the 6% interest, originally due Feb. 1, on 1946 bonds of Stanley-Rowland- Clark corporation, local subsidiary at Warner Brother& Trustee, Peoples-Pittsburgh Trust company, had annotmced Feb. 1 that a month was required.to se* what eventually woul4 be dona. At first a sinking fund revision was planned in lieu of Interest, but a change was decided upon at the last minute. Incorporati New York I I If.- Al'baoy. Mar. 6. Carlton Theatre CJevp., Manhattan; theatrical r $10,000. Hlner-SkMly Fiodaotlons, Ine., Man- hattan; films; '200 ahares no par. Major Theatre Operatlns Corp., Man- hattan; theatrical: 60 shares no par. nd-Blt Prodoetions, Inc., Manhattan; pictures; 60 shares no par valve. Hnslqne Badlo Co., Ine., New Tork; general radio; 120,000. John Krlmisky and OUfoid Cochran, Iqe., New York; pictures; 1100. Vlto Hoto Stace, Inc., New Tork; the- atrical; 100 shares no t>ar. Union Film Corp., New Tork; pictures; $10,000. Annua Theatres Oerpw Byracnse; the- atrical; $5,000. Grand Theatre of Waterrllet, Inc., Watervllet, operate theatres; 910,u00. Showman's Plctnres, Inc., New Tork; pictures; 100 shares no par. • Crown Motion Vlo'tiue SnppIlM Corp., New Tork; pictures; $10,000. Morton A. Hilman, Inc., New York; radio and general amnsemoat agenoy; 100 shares no par. Oklahoma CItr, Mar. (. Bex Theatre, Ine. Capital atook, $10,- 000. Incorporatora, Bldoa B. Jjlndsey, K A. Chatham and Cleoa M. Wilson, all of Wewoka, California Sacramento, Mar. t. George G. Do Sylva Frodactlons, Inc. Capital stock, 1,000 shares, none sub- ncrlbed. Goorge O. Da Sylva, Marie W. Ue Syiva, Loyd Wright. ' rnclflo Coast Amasement Ce. Capital ntock, 1,000 shares, none svbsorlbed. Larry Dean, Albert Jaokler, Bam Ptercy. Cine Compoeltrlx Corp., XML Capital stock, $10,000, none subscribed. Mrs. Peter Quill, Peter OnlU, George A. Althoff, Albert H. HUler, Mrs. Jnlla De Gatlone. General FUm IJbrary of Califomin, In- coiitorated. Capital stook, 200 shares, none subscribed. Sidney H. Mayer, Abra- ham Roaenblum, tAurence B. Weldberg, I. Sidney Mandell. Certificate of dissolution of Bebe Daniels Corporation, litd. Permits to sell stock issued to: Cnllfomia TUTany Stadloe, Ine. M. p. production. To lasue three of 500 sharen, no- par. Urltlsh-Amerioaa Films. limited. M. p. production. To Issue 3,000 shares pre- ferred out of 6,000 shares, par $100 and 5.400 shares common out of 24,000, no par. Howard Sheehan Oovpontlon. M p. production. To Issue 100 out of 1,000 .Rbares, no par. Badlant Knterprlses^ Ine. M. p. pro- duction. To issue all 100 ihares, no i-ar. Prosperity Ticket Company. The.itre ticket sales. To iaaut all 600 shares, par f20. Jadgments Tiffany Prodaotlona, Ino.i ■. O. Byers and others; $678. John P. HedbUTi BleUe Morton Van Horn; $266. GiMuercy Plotnrei^ Ine.1 Madison Square Garden Corp. (Ohio) $6,932. I>alsy Mlllert CotnmMa Broadcasting System; $SS. Sudden closiijg of the New York stock market before trading began caug'ht practically all traders off Tirst base, and left them winging all around. Close of Friday had been re- markably good In the face of bank holidays in 30 of the 48 states and' the overnight outlook was not with- out its favorable auguries. Mid-week upturn appai-ently was based on short covering which ap- peared to have its roots In ajnore or less vague belief that some kind of inflation was in the wind, a view supported by the bohavlor of bonds, which gave way under heavy sell- ing and the improvement In com- modity prices. At one time Friday wheat Jumped 2 cents and there were similar flurries in other staples. Almost overnight speculators ap- peared to have been swept by a desire to hold goods or some sort as against securities. It was the low yield, gilt edge bonds that took the brunt of the flurry, while some ap- pearance of buying appeared in 'Secondary speculative paper selling on a ba/is to give a high potential yield. These are all understood in ticker circles as the signs of infla- tion, which turns money away from low yield bonds and toward equity shares. The amusements lagged behind the general list in its mild recovery Friday, suggesting as it has for some time past lack of Interest in the group by speculators. Radio corp., subject of many bull tips in the last ten days, was the only issue to come to the trading finale with a plus sign, with the exception of Eastman Kodak which Justifled Its classification as a trading favorite by moving tip more than 3 points after making a strong stand Just above 60. Probably there was a good deal of short covering here to help the clique which has the stock in charge. What will happen when the mar- ket re-opens is anybody's giiesd, but this much seems clear, those Issues which depend upon public spending are likely to find the going hard. Summary for the week ending Friday, March 3: 8T0CK EXCHANGE . 1032-'S3- Hlgh. Low. 8% 14T( l55 87% 6H 2016 SO 37% 80 4% 22% 15 Ilhi VA, 5% 13K 794 60 20 49>A % 4% 1 2% 1 7 ISK 80 1% 13H I'A % M. 1% 2hi if 100 Par-Publlx cfs. Sales. Issue and rate. 200 American Seat 1,600 Columbia P. vtc 800 Consol. Film 7,600 Consol. Film pfd 14.100 Eastman Kodak (3).. 4,400 Fttz.. Clata A 88,400 Gen. ESeo. (40c.) 300 Keith pfd 28.400 Loew (1) Do pref. (0%) Madison Sq. Garden.. 200 Met.«-M pref. (1.80). Orpheum pfd 10,200 Paramount 1,000 Pathe Exchange 400 Pathe, Class A 141,700 Radio Corp 6,800 RKO 10 Universal pref 14,125 Warner Bros Do pfd 91,400 Wcstlnghouse sold 200 at Vi, down %. CURB 16 1% S% 4% 8% 4% % % % % BONOS '40. Gen. Thea. Eq, Keith O's, '46 Loew O's, '41 Pathe 7's. '37 Par-Fam-Lasky O's, Pnr-Pub hy~a, '69.. KKO debs 6'a...... Shnticrt O's Warner Bros. O's,- ' '47. 30. Over the Counter, N. Y. Bid. Asked. \ Rosy, Class A. Wellington Steps Out After serving Publix exclusively for 10 years In building of house fVonts and lobby displays, Duke Wellington has Incorporated to do a general business with all companies. Set up as Duke Wellington, Inc., he already has the RKO account and Is handling display work on '42nd Street' for Warner Bros. At a meeting today (Tuesday) it win be decided whether Wellington will handle fronts for the two Radio City houses. As Publlx's exclusive builder of hous'e and lobby displays, Wellington did- business under firm name of Display Craft. JULES RACHMAN GIVEN IS YRS. OVER SHOOMG Omaha, March 6. Jules Rachman, veteran Omaha theatre man who shot and fatally wounded Harry and Sam Goldberg, brothers and his cousins, on De- cember 2 last, pleaded guilty to sec- ond degree murder and. was sen- tenced to two concurrent 16-year terms In the state penitentiary. . Shooting was over the ousting of Rachman from Popular Amusement Co., in which all were interested. PUBLICITY EXPLOITATION 2 Tears with Universal Film Co. 4 Years Independent 8 Tears West Coast Theatres Under Mr. Arthur and Mr. Bowles THEATRE MANAGER AT LIBERTY Can Handle Any Class of House and Policy. Prefer to Stay in California—but WILL GO ANT1VHERB IN TOE C. B. Write Box 209, Variety, New York City ADVERTISING ORGANIZATION AVAILABLE CLASS "A" THEATRE EXECUTIVE WITH EXCELLENT RECORD First **Oit" Hi Tm Yurt • MANAGER-EXPLOITEER AVAILABLE 18 years' experience in best locations—city manaoement— de luxe ■nd neighborhood vaudeville—roadshow—park. Travel or locate. WRITE BOX 205, VARIETY, NEW YORK