Variety (Nov 1926)

W^dimdigr, Novmbcr J, 1926 PICTURES VARIETY V / ; , i i > i AMUSEMENT STOCKS WAHING ICnON DEVEL0PMEN1S All Ittuet Molioidett in Dull Market—^Loew Main- teiM Good Lavn Following Declaration ol $1 Emtf Prt i i o Otf to Now Up^ Traders »canne(S Monday'* market In vain for «om« forecast ot a ten- dency elth»r ti9 or dowii. Tht Upe no hint. Ttiere was a mild rally In the la«t hour, but it dldnt go far enoui^h to mean anythlnir In A tuU MMrtMi that faiM ta raadi tha minion-share m^rk. Frahably Ix>ew gara the beat avt- danfta oC armaese. With the an> tiatmoamattt »iHng avt last of tha daclaratlon of It on the quarter, It was to be aTi>ected that there would be liquidation. No evi- danoa at aaytlite af the aart out. The stock heM to the level of 44 about midway at its narrow tradint; area. The action of the dlreclom in voting tha extra dlatrlbutkm had baaa forecast with all oartahitT and disooaatai. *Uoarever. it to usuaI in developments of this kind for traders la close oat speculative llnaa wHm tiM road nawa to a«t. tn the case ot I^ew's a atronc paol which is supposed to have pUtns for the lone IHiU abaorbed all ofterine^s tar tha turn. ■ Famaus Players got into ntthet- low cround at 122H Monda»% but recovered to 114 at the close. This ta ka Ma pPiBMit aaototance point durinc a vacUlalini: market such as has been the rule for more than a fortnight. tm many qaartera tha faitiira at the amusement atoeks to do any- thing, had been attributed to the pendancy ot election. Out of yes- terday*a rsaatta at tha Mto It to ex- pected market opinion will evolve some more definite outlook. Brokor- asa aplnion waa osixad aa to which Monday was tha Itth day of the y«ar, with h imavar tmiar « mil* \km MhaMik Vhto taaalto thai tha ataslaa httera tha taat » r a atdaatlal eleotlaii turned over almost exactly the same total, around 9M.004, while the Wednesday after election, IIH Hisk. ito m mk «iu K3 •7V m V\ u «1 lei ii >isn •aterA&y, Oet. 10: STOCK BXCHAMM — tjew. ioc% IWk IIS . sa Mil 101 «l IS 32% iloa. •••««ooaeeaa u,7m toe )0i a»e» 1,200 aniee • ••• •«%a%e«a • ««»»«»«««o««o*« (A ateo ooe Kasliaan K«^k V^moua Player*- Do,, iwcf. iR^,■••■,•>««•••«•,« rirot Nmt'l. lac i>r»r. f|k44).... >>Mt riUn cimm A («>...«.....• lf-0*M.. rrrt. <1.M) Pict. Caattst (1. orpiiMim nn. ... lUilH^ Kxch. c\^mm A <S> Shub^rt T>«»atr.';. {!>) Vfiiv. Pjct. 1« 1 r»f. iB^.. WaiMr Bros, claiia A....»•»«.» cult* Jf^aiailBSn Scat, r.ew (tl........ XW.. «um. i»rpr. <s> Balab&n A. Kals .. ...*f «*•• ViliM Intp^t f>>x Tfc«itr«, cUn A.*>»«.«««. lieiv. Pict•..•.«••..«•..•**•• BONDS B. ir. Keitii (i!;xcSaiia*) jKiteka9H|ie>.«... Rtoh. ti>« is lA 2S% «7% S8% t«ow. 118H IISH a*. a* • • 41 €1 I.aiit. 117\ iiftH 100 \*\ 41% 4«% T M 13% Not o • » ft • • • • 4-"% « • • • -»% +1% -♦-2% 0 « • MUESrONE IS REHISED WABNEKINJUNOION Court Virtually Says Director. Did Not Come to Equity with'Claan Hands' Xioa Aacalea, Nor. t: IfOtlis Milestone, picture director, has been denied an Injunction to restrain Warner Brothers from no- tifying other picture prodiieara and exhibitors that ha still to consid- ered under contract to them, by U. S. DiMtt-ict Court Judge S. J. Henaihg. In hto opiniaa, Jadga Henalhg said: ''Milestone doca not occupy that place which equity reasoned a plaiatUt must occupy In order ta have a writ of temporary Injunction before trial ot an actlan. Milestone was under contract with Warner Brathars and for aome re4tson did not keep up to It.^ terms. Ho was sued for breach of contract in Su- perior Court aad oaataaaad Judg* roent in the amount of |300,00f which hia empioyara naught trow him as damages. **Than he Med a patlttoa la bank* ruptey. scheduling tli** Judgment as one of his liabilities. According to the application tor a temporary in* Junotlon mad by Mllaatone. It waa after thto accurt^ence that Warner Brothers corporation sent out a cir- cular letter informing other pro- ducers at MMtion plotureathat MUa* stone was atlU considered to be under contract with them and that if ihay employed him legal action would result.** Mileetone had been loaned by Warner Brothers to the Harold Lloyd corporation at a salary at $l.lit a weak, whito thay vara »ar> Ing him |40a. After tha Uoyd pte* turn was about three weeks under way. Milestone, upon hto attomay'a odvla% wanted aut. ntoftog that Warners had broken thair contract with him by not paying him his salary personally and iaatoting that ha aoUaat It at tha aaahtor'i at Warner Brothara Studtoa, he was working two aMIaa away at the Lloyd studios. M lto ato^s wm aat aadtotvar «a octain more work in Amerloa. Ha is planning to loave ittxt week for Kuropo whers he wiU remain for tour yeara or Mttt aaih jirtid the Waniarj ototm ha waa undar ocntract. It to undarMoad Mtkuiona is llg* wiing ap dlMatlag Ibr 0FA In Mil Topdj and Em* for Uo Ao| Bo MerrttTs Scanario XiOa Aagatos. Nov. 2. Tha Duncan 81ster« have Mlgnad a contract with Joseph M. Sch^nck to make "Topsy and Eva'* for United Arttots. This contract to aald to be contingent on Hchcnck securing from First National the screen rights to the picture. It to undaratoad ha had dona ao. Tha latter orprantzatlon bought the pic- ture rlKhts six months affo from aKcnta of the Duncan Sisters, with* out getting th^aenrlcas ot the tot<- tcr for It at tA time. niunchc Merrill has been brought in to make the screen adaptation of the story. Tha Duncan Qirta w*»ro unnt»l<» to a»{re« on the treat- ment of the story with the First National ofllbtote and no contract was signed. Tom Persons Agui h MP. Los Angalta, Nov. t. Tom Persona, a pioneer film pra* duoer in Hollywood, has returned here to again engage in screen pro- duction. Persona photographed water scenes for "Monte Cristo" here In IHt. and helped organise the first pidiira compahy a« tha Paalta ni£N£ RICH IN *'£XP£RI£NCS" Los AngeleH. Nov. 2. Irene Rich has been au^igned by Warner Broa. to tha lead In "Doa't Tell the Wife." It In an adaptation of Hardou's "Cyprlonne." I'aul Stein will di- rect. Opposite Lsngdon l/os AriKcles. Nov. 27 Alma Bennett has the principal feminine role oppaatta Harry Lanf* don in "Long I'anls." Cladyn Rroekwell and Al Rosopa are also in the cast. '1