Variety (Dec 1934)

Tuesday^. December IS* .1934 P I C T E S VARIETY 27 Stock Market . (C6nt^ftU?<J from pa^e-.«) . port " jiet'' profit eaiilvalent to' |31.26 - 4 ^hfttd on preferred cpm- patfed with ?8;60 per share in:"19.33, Cdrp'ora.tfQBi report Vra.B tor year ended AuE[UBt 81. TrtVdlng'flffures for week showed that;' Ediir < c)f the 12' ihpsf active" Issues -Oifi. . stock exchange .Were amuseiripnt stocks, Loew's. com- mon. Paramount certificates', ^l&dlo. Corporat'fori and Radio preferred B fell Into this cateffory. But the wide swings, hbth up- wards, and down. In Radio :B- attracted largest amount of atten-^ tlon. After Jumprng to a new 1934 peak at 46 previous -Week, this pria- ferred. stock started to decline on Monday of last week. The'slump was resumeij^ oh vast volume Tues- day, price 0^ Radio. B faiUlrtg to 38% ineetli^g eiifliVorJ. - It rallied tp uboya 41 on following day, and' utftrftn^. w4s continued ".Thurs- day wh^ixiistpck went'.to 44%'k, But It fell; bftcTc fgafn 'on'-Frlday. ; To make cycle conaplete, Radio'lBl'again forged a^ead'-on volume' iSatur- day tO:';fttti;sh'week kt 44%,- dfli! Jess than a - jwlht "on week. Kfore than 101,000.aiaJreis of this . preferred stock exchanged hands, • . Radio Preferred A slipped hack early in ,.w^ek,, but on Saturday it Jumped ah^ad to a new high at e6>^, cloajng week with 8 gain of 1% pijlnts;:: Volume was ahput four times as igreat Saturday' as 'Wn pre- vious trading days. '• Whlle.-.'pr.eierred issues Were kctlve In this rotinner. Radio common was doing-VarvV"lHual nose dlye.-'..Weak most fi|t: Tpast - week, - it—drooped heavily, :.-Jtt,..i'flnal . session bit- large volume'and, wound up at B, .where It was off 1%. points. Erratic \actlon of Radio B; was blamed oni:,various rumors^and in- terpretations of recapitalization plans. 33arly week reports .were rated as being not so favorable for Preferred B istock but later develop- ments indic'ated that such reports were brought forth to shunt stock down. At least the manner in which this Issue acted later In week showed tptit Radio B holder^ would hot be overlooked in a new realign- ment, Traders apparently con- sidered present plans as being highly, beneficial to preferred issue holdjetrs and afCectiiig common stock- holders a bit adversely. RKO also was active Friday on prospiectd of a new line-up. It climbed to 2\i, first time it has gone this high in many months. Stock dropped back to 2% at • close; for a fractional gain on week.: Eastman Sloppy Eastman Kodak common was sold heavily on Saturday after being sloppy week. It closed on bot- tom ai; 1.08% for a loss of 3%. Uni- versal preferred also dropped off badly near close" to wind up at 38%, where it was down 4% points. West- .Inghouse preferred, on the other hand, was strong. It closed on top at'90% for a two-point gain. ' P&.the A, which earlier In week bad fallen to 13, closed at l3V4 for a loss of one point. Warner Brothers preferred held fairly steady with .some increase in activity. It was off a quarter at close at 22%. . Amusement lliens were generally strong. Paramount bonds going to new highs for the year with excep- tion of Paramount-Broadway B%s. Paramount-Fampus-Lasky 6s made a new top at 66and closed at 66 for a gain of three points. Cer- tificates of same made a new peak at same figure and wonnd up at 64%, where they were up 3% points. Paramouht-Publix 6%s also ran up tp a new 1934 tpp at 65%, finishing week at 64% fpr an advance pf three points. Certificates of same made a high at same figure and were up 2% points at close of 64%. Paramount-Broadway bonds closed on top at 44%, for a fractional gain. Keith 6s rose to 67 on Saturday where, they closed for an advance of two points. liOew 6s finished week at year's high of 105 for a net ga.ln of half a point. Warner Brothers 6s were off fractionally at 69%, Same was true of Pathe 7s which closed at 99. Summary, for.Week Ending Saturday, December 15t STOCK EXCHANGE Eieh. 7% 41% !>% 19% 110^4 147 17V4 37 105 27% 0% 4Vi 24% Q% «5V4 40 4'/4 40W S'/l 81% 47% 05 * Plus stock exti',19. t New 1034 high, t Paid this year on account of accumula- tions, g Plus extra dividend. | Unit of trndlng, 10 shares, Low. 2V6 21V4 1% 10% 71t 120 ■ 814 10% 20% 72 2%- 21 1% % lOVj .4yj •23'/t- ■ 15 v^. in% . 2% 15 27% 82 Sales. 1,000 1,000 1,000 7,100 COOO 1110 B.800 47,000 04,200 800 4.000 200 03,.'>00 0,300 3,000 101,000 6,800 101,300 86,800 1130 16,100 IIC70 20.300 11140 Issue and rate. 'High. American Scat. 6% Col. P. vtc, (»• 39% Consol. Film.... 4V6 Consol. Film pfd (2)t ., 18% Kaatman Kodak (4)§... 112% Do. pfd. 142% Pox Class A 14 Gen. Blec. (00c) 20% Loow (1)J 30% Do. pfd; (0%) 101% Madison S'q, Garden ;. 6% Met-GM pfU. (1.80) .27% Paramount ctfs £% I'athe Kxchange 1% Pathe. Class 14% nadlo Cott^.-.v,. 0% Radio pfd A....i.tBB% Radio pfd B 45% RKO , 2V4 tlnlversal pfd 42% Warner Bros 4% Do. pfd 23%- Westlnghouse '35% Do. pfd (3%)........; 00% CURB 14% 8% 13 72 105 47 05% 05 Vi -or,%- 05% 100 41 67 • 7% 1% 3% 51 8.'S 30 20% i8'/j 20 900 Trnnslux (20c)*..*. BONDS 31,000 8,000 40,000 21,000 218,000 145,000 40.. 8.T *Jft% Gon. Thea. Kq. Keith Os, '40. Loew Os, '41 Par-Broadway 0%3, Par-Fam-Lasky Os, Do. ctfs -^'IStOOO— Pnr^Pubr 312,000 Do. cits 23,000 Pathe 7s, '87 '61. '47. -6%S7—'607 18,000 09,000 RKO deba Os..... Warner Bros. 6s, •30. PRODUCE EXCHANGE, N. Y. 6,900 Par-Pub. OVER THE COUNTER, N. Y, Incorporations NEW YORK Albanr< Theatre of Broodooata, Inc.; picture theatres, radio broadcaBtlng, etc.; capital qtock, 1,200 shares, no par valtif. ITloren^ M. Llfachttz, Max J. Herman and Harry S. Gould, all of (21 Fifth a'renuo, New York, . • . • Jewish Badlo Program JSerrloe, Ine.; general radio broadcasting btuinesa; capital stock, SCO shares, no par -valiie, Betty Bernstein, Samuel Salzmaa an'd Leon Savage, all of 1441 Broadway, Kew York, . ; ■ „ Coushia Theatre Corp.; amusement places of all kinds; capital stock, 100 shares, no par value. Jos. Wolbwlch, 1676 Sterling place; Rose Kapjap,- 1111 President street, and MoUle Slngerman, 163 Ocean avenue, . all of Brooklyn. Drama Holdlas Corp.t operate the- atres of all kinds; capital stock, $600. Betty Flnkelstein, Kate Helchmah and Edna Schleln, all of 270 Madison avenue, New York. Piper Paid, Ine.j realty, thea'trroal business; capital stock, 100 shares, no par value. Frank Rice. 1601 Broadway; Prank HIcke, Hotel President, and Caro- line BIddte, 646 Fifth avenue, all of New York. The Tear 'Bound Prodnctiona, Inc.; .it^ge plays, vaudeville, etc; capital stock, 1300. Syd Comparte, Nathan Wltklh and Jacob I. Welnfeld, all of IBOl Broadway, New York. Not for Love Corp.; theatrical busi- ness; capital .^tock, 200 shares—100 pre- ferred and 200 oommoo, no par value. Shepard Traube, 329 West 42d street; Alma Gluck, 70 West 40th street, and Sidney D. Cohn. 79 Weat 40th street, all of New York. Portrait of QUbert, Ihe.t picture the- atres; capital .stock.' |20,000. Nathan StlegUtz, Irving Friedman and Anne G. Lelter, all of 1619 Broadway, New York. Comar Plays Corp.; fllma. etc.; capital stock, 100 shares, no par value. Samuel D. Cohen, Irwia Marsullea and Harold J. Cleary, all ot 1649 Broadway, New York. M. P. Stein, Ine.; mnalcal Instruments; capital stock, f20.000. Barle R. Ught- bourne, 164-36 108th drive, Jamaica; Myrtle B. Spoerl. 1719 Menahan street, Brooklyn, and Ruth lleyer, 2202 Bast Seventh -street, Brooklyn. .TVeeka A DloUnaoo. Ine;. musical In- struments; capital stock, 2,000 shares, no par value. Bdwln R. Weeks. 48 River- side driye; Qlles -H. Dickinson, 42 River- side, drive, and Grace J. Weeks, 48 Riverside drive, all of Btnghamton. Imperial Broadoaatinc Corporation ot Iiondon; radio broadcasting business; capltaI_Sl!>ok, 600 shares, no par .value. Leonard P. Plugse. Waldorf-Astoria; Clarence M. Davla and Josephine H. Desz. 342. Madison avenue, all of New York. Snborban Broadeoattnr Corp.; broad- casting business; capital stock, 200 shares, no par value. Henry G. Hauok, 38-20 Crescent street. I«nK Island City; Francois B. Daly, 12 Dorothy court, Mer- rick, L. I,, and Albert W. Slbek, 4114 C8th street, Woodstde, L. I. Borfor Prodncttoaa, Inc.; theatricals: capital stock, 100 shares, no par value. Irene Levlne. Sylvia Wolf and Fred Rua- sell, all of 44 Court street, Brooklyn. Hempstead AsaodatloB ot Coramenie Blxpoaltlon Corp.; pictures, amusement devices; capital stock, 9600. John Bil- liard, 69 Parsons drive; Etavene W. Gar- rison, 19 Maryland avenue, and Maxmil- llan R. Johnke, 40 Ormond atreet, all of Hempstead. HoUywood Sportland, Ine.; operate gal- leries and sportlanda; capital'- stock, $20,000. Carl Schaefter, Jean C. Zemoske and Hyman Schwartzberg, all of 1HB7 Broadway, New York. Murray Sports Corp.; promote boxing ^xhlbltlpoa, football gajnes, etc.;. capital stock, 200 shares no pAr value. Charles J. Murray and Jennie F. Murray, 62 Starin avenue, and Alice H. Murray, 20 Hedley place, all of' Buffalo. Plsch Bquipmeiit Corp.; motion pic- ture apparatus; capital stock, $6,000. Charles Ross, 1420 Hollywood avenue, Bronx; Charles ' PfeltC, 131-26 229th street, Laurelton, L. L, and Mervyn W. Palmer, 468 Riverside drive. New York, Mnjostic Theatre of BIdgewood, Ine.; theatrl<ials; capital stock, $2,600. Fannie I.<lvotl, Anthony M. Ltvdtl and. Caspar Llvotl, all of 151 Halleck avenue, Rtdge- wood. Belvedere Theat>« •< Kldgewood, Inc.; theatricals; capital stock, $2,600; same as above. Grand view Theatre tt Kldsewood. Ine.; theatricals; capital stock, $2,600; same as above. ' Dissolutions Film Beomitles Corp.; filed by Undge, Stern, Williams & Tucker, 20 Pine street, -New-^ork; Bid. Asked. 20% 21% 43 45 101 104 Col. Bdcast A (3>;tex. Col. Plot, pfd Pathe E. pfd .... • Paid this year, and cash dividends. t New 10>84 high. ^Includes extra dividend. ISx 60%' stock _ -f ■ : . MGiyi STUDIOS CULVER CITY. CALIF. GUS and ANDY'S Somerset Restaurant RATES -kickirir FOB TKEIR V00l> (NOT WINCIIKLL). ^rOLLY MOBA<N r. S.—Tli/VT DKICAKFAST IDEA TIL 3 P.M. IS SWISLL. BOOTHMEN'S-PRIMARY i-ELIMINAIES-ELECnOH Hollywood, Dec. 17.. Landslide vote for rerclectlon of the present group ot officers of Pro- jectionists' local 160, International Alliance of Theatrical Stagre Em Ijloyees, In prlmiary balloting elimi- nates necessity of holding final elec- tion Xmad day. Officers of the union for 1935 are: President, Earl C. Hamilton; secre- tary-treasurer, M. J. Sands; busi- ness representative, R. L. Haywood; assistant business representative, T. W. Armentrout. J. B. Kenton was overwhelmingly elected v.p. Elected to the executive board were W. Q. Crowley, W. H. Fife, J, A. Ester, L,. B. Mitchell, and B. L. Kobblns, Boai-d of trustees Includes C. W. Offer, E, B. Olewa, B. J. Pointer and H. C. Smith. Alcha ' Amusement Corp.; filed by Nathan Feldman, 11 West 42nd street. New York. CFiangs of Capital First Division Exohangres, Ine.t 1,100 .■shares, no par value, reduced to 1,000 .shares, no par value; filed by Phllltpa & Nlzer. 1601 Broadway, New York. Ploralbell Amusement Corp.} $,$60 shares—3,860 preferred $100 and 3,000 common, no par value, reduced to 3,960 shares—3,860 preferred JlOO and 100 common, no par value; filed by .''chechter. Lotsch ft Bulzberser, 600 Fifth avenue. Now York, Chango of Name From Showmen's Bound Table,.Inc., to IVompts Op. Uidbn to OtfRewards Providence, Deo. 17, Hired -thiugg were being sou.gfht by, authorities here in conh'ection with the bombingfl at the <?4pItol theatre, Pft-wtucket, opiated by B. M. liOew,' Ne'W England chain theatre maril Trie Pawtucket the-' atre was bombed early Wednesday about the same tlmia two other N!ew England theatres, the Majestic and the Tremont In Boston, were dam- aged by time bombs. The time bonib was placed in the projection booth of the Pawtucket house. It exploded at 3 a.m., the house watchman the only person In the theatre at the time. He was not injured. The management rushed repairs 80 that house could ° reopen that same night, biit Pawtucket officials refused to give theatre a permit until building was made absolutely safe. The house lost one day, finally reopening Thursday night.- Official investigation re'vealed that a nearby hydrant b&d been . taiii-. pered y/ich. iureads of the hydrant had been so damaged that it -would have been' impossible to connect hose lines there had the bomb start- ed a serious Are In the theatre. liOew has suffered a great deal through bombing outrages. He op- erates three other theatres in this district, and with one exception they all have hgured in some sort of trouble indirectly laid to labor difficulties. - State police and other, local a^gen- cies are working on the outrage. Boston detectives have made sev- eral trips here in an effort to link the Hub affairs with the Pawtucket bombing. Because of certain charges Loew is alleged to have made in the Bos- ton press, Pawtucket officials have given the Boston chain theatre man permit for onel week only, and in- vestigation is now upder way to shift Lioew's allegations. Story In Boston paper contained a statement ascribed to Loew to the effect that Pawtucket afforded little protection to theatre men, and that 'Pawtucket city officials were crooked.' - So incensed were Pawtucket of- Sliowmen's Tradi Bevlew, Inc.; filed by Gettlnerer & Gettlnger, 1601 Broadway, New York. Change of Directors, Character and Purposes Associated Music Publishers, Inc. Change of Directors, Powers and Route First Division ExchanKes, Ino. CALIFORNIA Sacramento. WestlaVe Park Tlieatre Corp.; to hold property: capital. 1,000 shares, par $1, permitted to Issue all. pirectors: Charles P. Skouros, Charles A. Buckley, V. R. Kent, Albert W. Leeds, John B.. Bcrtero, F. L. Metzler. Certificate ot dissolution; Southern California Newspapers Associated, Los Anfreles. Preeman-Uorrls-irtankei Agtner, Inc.; capital, 2,600 shares, no stock subscribed. Directors:' Phil Morris, Irving - ' I, Frankel, All Freeman, all of - Beverly Hills. OKLAHOMA . OklaJhiom»_Citlt withdrawal: ^RKO Pathe Distributing Corp., Delaware. JUDGMENTS (First name is that of the debtor; Judgment taker and amount follows.) Inchon Boyer Ftotures, Inc.; Mon- tauk Holding Co., Inc.; $137. WlUard Ma<A; Century Play Co., Inc.; $124. Protex Pletnres Corp.; J. O. Paine, for B. B. Marks Music Co.; $1,818. Hal Olver; B. Martinez; $436. Peter Amo; Hotel Waldorf-Astoria; $947. Chi Anti-Premiums StiD Seek ffcIalA by'story that they tlireatened to revoke Jjoe'w's permit to operate the Capitol. Loew,- appearing -be- fore city Council committee, denied making statement. .The committee vot^sd to give Loe'w benefit of the doubt ia,nd issued temporary, license until case could be aired. Officials ha've summpned Ralph Boyer of the Boston paper to attend hearing later this week, and they Intimate that if the newspaperman can back up his story, Loew will not be able to renew his license under .any conditions. Boston Sabotage. Boston, Dec. 17., In Boston the Tremont and Ma- jestic theatres, within two blocks of each other on Tremont street) were blasted between 4 and 6 a.m. last. Wednesday. Both are operated by Fred ij. Lleberman, of Lowell, Mass., under Greater Boston Theatres, Inc. Majestic,, formerly a Shubert legit house, haci been open drily a few days, since Dec. 7. Tremont had been under Lleberman operation since last August. At the same time bombs exploded in the Capitol theatre on Union street, Lynn, Mass., and the Capitol theatre on Main street, Pa,wtucket, R. L These are operated by iEJ... M. Loew of Boston; no connection with Loew's, Inc. Only a few hours later another B. M. Loew house, the Day Square, Somerville; Mass., caught Are in th© balcony, near the projec- tion booth, causing serious darnage. Officials at the Loew office blamed 'Sewer gas' for the Lynn explosion and. 'defective wiring' for the SOm- erville flre. Na explanation for the Pawtucket explosion, but Loew told Boston police that he had theatres bombed before in Rhode Island, as result of alleged labor difficulties. Tremont theatre front lobby en-- tlrely wiped out and plate glass In adjacent buildings shattered by the explosion there. Bomb was placed In box office and fortunately no- one was passing by at the time. Three men, working in auditorium, were not Injuredl Through the coopera- tion of city and state officials, this house was opened at 11:16, less than three hours behind schedule on same day (12). Damage here estimated at $2,600. ■ The mass bombing drew a state- ment from Qovernor Ely, condemn- ing racketeering methods, and at the same time locia.1, state and fed- eral authorities launched an Investi- gation. Boston flim business everywhere estimated at least 26% off last week- end as result of /bombings. "Worcester, Dec. 17. Bombing of four New England theatres last week caused extra precautions to be taken by houses here. There was no trouble, bu't ipo- llce kept rigid watch on all theatres -and—questioned—suspicious—personsT" Managers combed their houses after each performance, especialy- In small rooms, basements and boiler rooms. Worcester's last trouble was three years ago with the operators' unions. Tlecessary 40Yotes to Kifl Gifts Chicago, Dec IT. Campaigning going o^ over the giveaway question. Premium com- panies are canvassing theatres try- ing to keep th© Indie ©xhlbs from signaturing th© no-premlum ballot while Allied association key men are working hard to secure the sufficient 75% Indle exhlb vote to do away Avith gift dishes ohc«'and for all. It appears that the Allied campaign Is going to come out victorious with vote after vote showing a reversal on the part of the Indle houses from gift nights to non-glftlng. From present trend th© town, should be clear of premiums by ih« end of .January. Great bulk of rotam are in for the killing off of gratis kitchenware but there are still 40 votes necessary be- fore the code board can declare the premium thing completely dead. These 40 votes constitute the die- hards among the necessary 287 ex- hibs voting on the premium question but the .no-gift vote Is adding .\ip daily, slowly, but With certainty. The public is being recruited to aid In curbing the stench bomb .evil, long a problem. A reward of $2,600 has been voted by Allied Motion Pic- ture Operators for Information or other assistance leading to the ar- rest of anyone responsible for leav- ing stench fluid in theatres. Allied operators' union has pre- pared a trailer to be exhibited in all such houses, carefully worded so that the problem of stenching will hot have the effect ot scaring pa- trons away from the theatres. In this connection It points out that the stench fluid is not harmful to people. On top of much trouble ever stenching In New York, during the f)ast week some New England houses were bombed, including two in Boston, Independently operated, and one each in Lynn and Spring- field, operated by B. M. Loew; Bombing was attributed to union booth troubles. GOMEZ: WINONA HELD OVER Second Week (Dec. 14) CAPITOL, NEW YORK