Variety (Jan 1930)

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omy 0. VARIETY. 'p | c T U R E Ss _ Wednesday, January 4 1030 Amusements Join Mildly in y in Rally. Hollywood Chatter As Pressure of Tax Sales Eases: ese Dlr, a1 ot Fox Holds Back: RKO Up; Par Leads | | “Hy Daab‘On Copy _Jemotional action {fs all-re“quisite in successful advertising.’ More verbs and nouns : ‘and Iess adjectives get the su ” perlatives, themselves, ~ ture. *Montagie Giass’ ia ‘completing: the. play he came west.ta write. . . Harry Wallen is horeymaoning in the. hula: country. Sam Sax is back after a. year, “in 7? By AL:GREASON : j 7. Prices _ Hy Daab in réveal||the east.” y ALG -_ Yesterday s Prices |. ine hon Raxto gave birth’ to "Wallace: Smith, who writes, also Amusement shares joined modLeading. Amusements ._ “its Titan’ style of copy. : Wants to. aot. 7 i ; ‘ ., Net. erately yesterday in a sharp upturn, sates. High. Low. Last, ehg. due to relaxation of the pressure 52, Ko sssvee 2396 20 32° +% if from tax sales and a generally bet|| 3,100 Loow. .... 49% 406 03 FF | .ter feeling for the early part. of ‘the |{ 46700 R-K-0 -... 20% 19°. 20° +1 ~ Eillian Roth is: ‘to vacation in. New York. .. The Irving Thalbergs move home to Beverly Hills from Santa Monica, :Daab advises student public. ists to study -the emotionalism © which. he claims will be con-.tained in the Radio. Pictures | New Year. The group was far from 98,100 RCA voce TA 4288 ae Pee . _ (the. RK-O) display in “Va-. | -Harry Arias rept an pbpoint. the van, but showed an encouraging |] 309 Shu ...... 10 10. 10 ne ees. riety’s anniversary num ber ||/ment. He as te Y nahat. . disposition to make headway on the'|| 17,000 W. Be soNbs 40 404 +14 1) SESS . ||) next. week. | ac anes Judels dialogs as well ag up side. 5,000 P: th 38 «34% 38 +2. HY |]. “They will find,” ‘says Hy, . All leading issues opened with’ 12,600 Shu “a! “Ati 4M A | EDDIE iNewveer. “that’ advertising is but the 1 one Huston on his way here ° ,-gains, Paramount at 50%, up i -g 000 Fox Thr.. 3% BY% 34+ 4H ays Flappy New Year -.| fleeting « contact of the mind via Ca Warner Bros. 40%, up 1%, and "700: Gea Thre. 2 7% 27% 28 ra Se. ’ Master of. ceremonies at. Earle ‘and copy. . ‘Nils Asther h hibernatiig at MalRKO, 195, up from 19. Theatre, Philadelphia, 16th week||“They: will | find,” he: continides oa with no phone, ‘but a ‘pet. As the day wore on most theatre thusiasm in any group was not|and still going strong.” |, ues, “that the style “of type 7 issues bettered these figures: slightenthusiasm, over the past week. “Many thanks to Wm. Goldman’ used.::will literally climb. all t moe Mark is at fhe shimbascndor: -ly and closed. on or-near the top.) Situation in Fox played directly | and’ Harry Shaw for. all théy “have over thent:” . ort own TE ere ME Ts Finkien Progress was made in spite of con-|iit4 the-hands of the bears, “All done.for me.” ~~ . "Subtlety and its ilk are-not | stel A ane roma ut in tlywood . tinued selling for tax purposes, al‘the rumors that found their way} ee Eddie. for: the show. mind,. Advertisten days, but will winter at Pal a, though this kind of dealings he. teat. into print: were. gloomy. and prob| === —SS— || . ing must’ be socky and showy Beach ve ete Jan 10. m ~ reach tha proportions of the la ly had their origin in Wall Street] sas waren: y . «.. |}: and-reflect the enthusiasm and .. . : ‘two weeks. . ab the trade the rts was much more Rogell. Will Make Own -: sincerity which must imbue George Watters nursed an.annoy-. ing appendix at home; “over the’ holy idays. : Studios sent out ry deluge of. elecs ‘ tric clocks as. eifts ‘to scribes. ‘Some © got three, . Couple of special: cars. “of “film ; celebrities ‘went. ‘up ‘for the Stan. tordArmy game, : ‘Plenty of Xmas eve battles.’ old, grudges" settled and the _COps kept away. Jimmy. Gillespie hosted it. for 16 hours Christmas Day at the Whites .. man-mansion in Hollywoodland. . ‘ Tuesday sales had to be for cash heerful, although. not what you'd |. every. copy writer; at Jeast — instead of the regular way, since call boisterously” optimistic. Status Talkers for Tiffany Release | while he is writing g said. copy,” completion of the ordinary transac-| o¢ Fox, as uptown gets: it,.is that} : ‘Hollywood, Dec. 31. says Hy. = tion would carry-over until tomorWilliam: Fox is at a definite dead‘De al “between Tiffany) and Al row's delivery time and be in 1930/i6ck with his associate trustees in| Rogell whereby the latter. was to. tax. year. Cash sales reached totals charge of company interests. —-|make six talkers for the company Lumas’ Notes i nH Judgment . probably. never before witnessed ot The other two trustees, J. E. Ot-|has been revised. Rogell will make the Stock Exchange. Dealings of |terson of Western Electric and Har-| four, with outside, financing, or Tif-'| this kind are always done at lower/ ry Stuart of Halsey, : Stuart & -Co., fany. release, f Judemeni for $3, 145° was’ awarded “prices, due to the, urgency Of the|haye certain plans and Fox refuses This keeps Tiffany in. ‘adherence the Bank of Yorktown in asuit gale, which gives, the buyer the ad-|to subscribe to them. What the out-|to Phil Goldstone’s policy of studio | brought in. New: York against, the vantage. Yesterday's quotations on|come will be nobody ventures to| operation, Rudolph Flothow,. now | Lumas ‘Film. Co.; Sam Sax, me cash transactions were from: % to predict, but the underground to|with'Tiffany in charge of shorts and |Company’s president; I. Rogers and 2 full point below prices-made in} Tjniés Square is that William Fox| color work, is leaving. He. probably ‘David Block, to collect payment on deals ‘the regular way. . The extent!ig bearing up auifte cheerfully, and will join. Rogell. . two promissory aeees ane by. the donetoa'2, FOO trae ae ae of such dealings probably gives the holding his tongue. All that is beoo 7 bank through 4 erteiae h k by | Stidio: help, day hefore Christmas. -hest hint so far of: the extent to|ing contributed to the discussion by| © 0) Pri nee ware given the bank by Sylow Cody was tenderéd a special ,which the tax maneuver figured in| way of rumor and surmise appears | Sono-Art Rushing David Bloc: x, ms owed by the com: night‘ at the last Wampas meeting srepox Halle Near 22" "| tom Deckers comaeceen made" gonp-ane, igymaee Dec! [pans ite" aie, for” insurance] fo celebrate hls eturh te heathy ox 3 r {from brokerage c ’ " QO! ‘Fox did little either way, repre-|to look plenty somber. Sono-Art will ‘make a “hurried | premiums. Jimmy. ‘Hats” O'Neal expected in’. production of “Dark Chapter” starAttorney J. T. Breen represented senting apparently the deadlock * Big Sume at Stake’ rin . & Reginald Denny who must re-| ing bank in the suit. . Judgement which has developed in the trusteeThere are large sums of money at port to Metro on Jan. 27 for a part |v . & ship, with William Fox taking a de-|stake. This much is pretty definitely| i) “madam Satan.” Instead of B,|¥2S tendered Dec. 24. . ‘termined position and refusing _to|known. Outstanding among other. H. Griffith, who could not. get totake part in any trustees program of|| Fox obligations $27,000,000 in unseégether with Denny on radical points Technicolor’ $s Expansion reorganization. First hint of change|cured paper. Of that there is an of the story, George J. ‘Crone, who Holl d, D 91. in the impasse probably will come unsecured note of $15,000,000 to the. was assistant to Renaud. Hoffman: T ; . yropee anich a bi in a brisk. movement in the ‘stock,|American Telegraph & Telephone} oy, «Blaze o Glory,” . will, handle |» hat ond on hr “a, t ¥ discounting developments. before|Co.,and another for $12,900,000 with tne megaphone. Production starts: Se aeaery, w nm town before returning to 'N, Y. ‘from . holiday visit in: Seattle. — { John. ‘Kirkland, ‘and wife, “Nancy: ” Carroll, will spend a month in Honolulu. . Only 6,968 familles moved to’ Hollywood the past year. Pr evious “ yeai’s figure 8,397. | First National and ‘Warner em. s ployees ‘got. 60% of their weekly. they, become apparent outside, .It is|the Halsey, Stuart people on the’) Jan. 2, . | Fe000.000 fect year. any's product: check as a présent from J. Le ‘because the speculative community creditor end. in th h a Company’ is aleo ne zotiating: tor | Warner. 4s waitIng for some such sign that hat part in the maneuvers those Louella, Parsons. and. Dr.’ Harry .the stock has been doing little, two chunks-of money ‘play is’ not. Brenon In and.Qut more land on. Cabuenga Boulevard § W. Martin are to be married Jan, 4 at Villa Carlotta, ‘Hollywood. At home there after Jan$15,-. . Carl Laemmle has invited Brest dent Ortiz Rubio, of Mexico, now in |New York, here to see how pictures By this time it as been kicked] disclosed, but the inference is: fairly After one week in New York, oer to build a further extension. catest around so freely ‘and made the goat plain that they. would be likely to bert Brenon returns to a ne coas the addition “her make four ‘pia ts in go often that almost any daring op-|dietate caution on the part of Otter-: put the finishing touches on’ the operation ere. erator can work it" either way, by|Son and Stuart, as trustees, Fox is eons of Radio's “Case of Sergeant: eo — y waye yg means of a demonstration. Yester-|Sald to have nde progress toward|“TEED 4. expected to return td Sweethearts and. Wives’ day it scarcely moved more than a| Putting his Personal affairs as "dis _ | Néw York to attend the opening of. Hollywood, Dec, 31, | 4re made. faction from ite new resistance tinguished trom those of the com. | Ne" 0, tn taranw,. cite Bron a een ei [Sam erin sohined rom, Bawhich reached large proportions: as| Confusion in the internal situa~ _ _| Paramount to. F irat, National to play. pieture or bring a foreign “find” usual. Something definite one way |tion is reflected in the stock’s marReicher at Metro ose awe Dove in “Sweethome with him or the other is: promised before the ket performance. The trading comHollywood, Dec. 31, earts an ves.” It is an adap< Smart new. building opened. on the boulevard ‘@ month ago and one of the shops is already holding a closing-out sale. Metro boys who went to the ‘train to meet. the savages from. Africa found ‘them dressed ‘Fifth : Avqnue. ‘Lew Brice is trying the cafe racket. Opening up in the cellar of the Christie hotels. Sid Silvers will help. o Paul Guertzman divides his time between acting and doing odd jobs around the Paramount studio pub=" licity offices, ‘Arthur: Hornblow, . “Sidney ‘How. ard and Robert Mcintyre of Sam Goldwyn’s staff have returned. from New York prepartory to starting | production. Jan.: 15 of “Raffles.” — Henry McCarthy pulls-a gag in First National’s dining room. The. ‘boys go-'for it. ° “Richard Weil "| Ships the nifty to.“The New ‘Yor ker” end-of tha ves 8 munity doesn’t know what !s going| Frank Reicher, who has been dotation of the recent, Broadway flop Paramount aia: cbput as well as|0M and the Fox issue is being kickea/ Ing dialog directing for Pathe for CRhard waewe laces Brook 1 " anything in the group, getting to §1|4bout mercilessly. Shorts ‘sell it|the past year, has signed a sixPar's “Benson Murder "Ca e” in the late dealings and closing|With complete abandon. Covering|™onth contract with M-G-M. Leila Hyams and Sidney Bla ter ' there, best figure it has held for |OPerations move it up trom: time to| He Will direct most of the foreign |e ees the Bane De film. some time, contrasted to its recent | time ana then sales days last ¥ nek on that tot. of pletures made | _ is t ; jnewed. It took two ays last. wee ° . Fe TT Wileh also te well regarded’ in tng|#® eet the "A" stock above 26"and Mey a ahort tem ak group, started at near its best of half an hour of hammering to drive After-a short.term with Radio 41 and maintained a better attitude|it below 20. Monday it was making |that session. At the same time the| Pictures, which he left to join throughout the session, a stand around 22, ruling fraction|Shubert 6% bonds slid into new low| Metro in the direction of its first Radio-Keith, which had shown a|®l at that level, when in the half | prices at 47 on a turnover.of $50,000, | western, “Montana,” Mal St. Clair disposition to break into new|hour between.12:30 and 1 o'clock a| Monday, of course, was the last day| returns to Paramount shortly. ground higher up, held to its im-|Geluge totalling probably 30,000|for sales for tax purposes and that| He was with Par for some time proved course. Figure moved to 20|Shares (that single day’s turnover|may have had something to do with| Prior to his’ short-term contract which is the level recommended for | V2S Near 100,000 shares) drove it to|the weakness in both Fox and Shu| with Radio. ~ purchases during the early phases|2 Rew bottom at 19%. bert. “ PT of the October break by interests “That’s the heart-breaking thing * On the: other hand the ‘standard “ Heavenly Twins"—Duncans | yi to the company. about the whole campaign. The |stocks fared pretty. well on that day, The Heavenly Twins,” scheduled Shubert sold only 200 at 10, tax | bears seem to have a clear field. ending with net gains in most cases, | 23.2 musical comedy for production selling apparently having been.com| Support comes in at certain points— Uncertainty in Pathe on Broadway by C. B. Dillingham pleted during the relatively heavy lately it has been 22, just as it was| Pathe is the third sore spot. . Mar| for ‘the Duncan Sisters, has been ‘@ealings of the day ‘pefore “when | @t-34:° two.. weeks ‘ago. -Resistance.| ket: : doésn’t quite know. what theselected instead: as the next Metro 4,200 shares changed hands and’ the ‘points, however, appear to exist| outcome -of the _elty inquiry into |pieture in which the Duncans will stock touched a new bottom of §|only: by sufferance of the bears.{the studio fire will be in relation Star. Q and get flat. Same was true of Pathe. . They are able to put it at new lows|to the fortunes ‘of the company, |. “Into produetion uring January.. mi nd ge cee et midnight’ These late cash sales apparently at pleasure. _ and uncertainty is translated into]: + mass Christmas Eve at St, Monica's . were held back with the {dea that Dividend a Handicap ‘ticker terms.in the inevitable way.| Hughes-Maroh Term Church, Santa Monica. Orders were| the last day .of the year would Chart readers have ‘calculated that} Pathe common: repeated its low of.|. bring ,better prices. generally, prices. its last resistance point. should be|2%4.Monday with the 7% bonds at which stock could be sold with |around 17.and if it breaks that mark selling down again at 38, loss of 2| Moncure ‘March, the poet who in&.good chance of getting them back |it could go to almost anything. Feel-|on the day,. but still well above the ‘troduced a new rhythm in “The Set ‘in January at near-by levels. Views |ing is’ that no matter what happens|recent bottom of below 30. Pathe Up” and. “The Wild Party.” a of what the next few weeks will|the dividend will come off after the| friends declare the ‘bonds are a March wrote the dialog for “Hell's bring forth. have -undergone a|January payment already voted.|gift at such prices, but somebody Angels.” change. Feeling now is that early |Fact that the dividend is still on is| continues to -sell.‘them, — ' January ought to see’ prices well |more against the stock. marketwise| Adding something to the already sustained while dividend and inter| than not; for thé reason. that neces| discouraging picture is the situaest. money finds investment. -After | sity of conserving cash is so appar-|tion of. Universal whose ‘$8. prein the N. 'Y, City court against ‘that the state of business, will con|ent that disbursement in dividends ferred stock. hovers around ‘the Frank _D. Ferrone_of. the Famous. ss ~trol=the--trend; -which~ 4s“now~ex=|hurt*the~stock’stitker—fortynes: | astonishing price of 28-30 with an: ‘Lovers Productions ‘by William P, pected to ‘be moderately lower. . If: Definite passing of dividends, thereImposing total of sales for so InGunshinan, on an assigned claim of .-a@ break {s in store, which the Street fore, would be a constructive step,|active a security (near 600 last} the Tec-Art-Studios for labor and A three-year contract -has been no publicity,, but word passed issued by Howard Hughes.to Joseph around and a great number never got inside the: church, Eastern railroads are getting wise — to the fact that a lot of picture peo— ple are going to suffer from loss _|o£f option. -The N. Y. Central has {just completed a 40-foot sign on ‘|Hollywood boulevard telling the picture people that the 20th: century is the best train going east. Both... Andy....Callaghan, —Jr...and... his dad, who fs business manager of Technicolor on the west coast, are wearing puffed-out chests. Ferrone Judgment A judgement for: $1,604 was filed ‘ @oesn’t . admit as freely ag it did|in the.opinion of market observers. week). studio services, Callaghan,. Jr., 15-year old 1ad,. al-: three weeks ago,. it probably will be | . Fox is: only one of several bad| Monday's lows are scarcely a falr ll most‘ overnight: became the most_ deferred until after January. — spots. among the amusements. Thé| index for these odd lot issues, how| “Raffles” Starting important mémber of the Callaghan” Erratic Fox ‘Shubert mess adds to the ‘gloom.|ever. Apparently tax selling in the -_ Hollywood, Dec, 31. * |household by winning the champion. . Erratié market behavior of -Fox|Shubert took a new nosediye Moninactive Mst was held back until Sam Goldwyn. ‘will start produc{ship of Southern California in the. continued to act as a brake on bull-|day to 8, which is new jow ground|the last minute and” then put|tion on Raffles," Ronald commen’ ish enthusiasm. for the rest of the|on the biggest turnover in weeks,| through on the final--trading day | next ‘Starring picture for U, ‘emusement group, althéugh bullish aniounting to nearly: 5, 00g” shares In (Continued on page $0)" ~~ around Jan. 15, 50-yard swim and a large loving. cup .from .the Hollywood Athletic ‘ub,