Boxoffice-December.02.1950
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
I A.<br />
Loew's Ltd. Net Profits<br />
Down Over Last Year's<br />
TORONTO—The financial report of Marcus<br />
Loew's Theatres Ltd., Toronto, for the<br />
fiscal year ending August 31 revealed a net<br />
profit of $111,531, compared with $115,172 in<br />
the preceding 12 months, for a decline of $3,-<br />
641. Operating profits at $272,134 were down<br />
by the small margin of $3,220. The decrease<br />
was not considered alarming in view of the<br />
considerably greater cost of theatre operation<br />
in practically all departments.<br />
The current assets stood at $691,616 against<br />
current liabilities of $72,074 while the working<br />
capital was $619,542, compared with the previous<br />
$469,491. The surplus moved up from<br />
$380,030 to $471,123. The company has two<br />
theatres in Toronto, Loew's and the Uptown<br />
which seat 2,074 and 2,761 respectively.<br />
WINNIPEG<br />
\TeTy smart timing and showmanship on the<br />
the part of Sam Swartz, manager of the<br />
Grand, resulted in very excellent business<br />
returns on "Ti-iple Threat." booked to open<br />
one day after the final Edmonton-Winnipeg<br />
football game. This city was at fever pitch<br />
after Winnipeg's victory and the forthcoming<br />
Dominion finals with Toronto in the<br />
east. "Triple Threat," among many other<br />
I professional football players, features "In-<br />
I<br />
dian" Jack Jacobs, one of the best players<br />
in the Winnipeg Blue Bombers team.<br />
The Winnipeg Tribune has announced a<br />
theatre rate increase of one cent an agate<br />
line effective February, making it 16^-2 cents<br />
a line. The recent announcement from the<br />
newsprint manufacturers increasing the cost<br />
of newsprint, and continuing high and rising<br />
costs in all other departments of the<br />
newspaper, obliged the Tribune to pass on<br />
some of these costs to the advertiser, said<br />
H. Allardyce, advertising director of the<br />
P Tribune. He also pointed out that theatres<br />
operating regularly throughout the year have<br />
a much lower rate than 75 per cent of the<br />
advertisers.<br />
After playing Russian reissue programs for<br />
a year, Ben Sommers' State has returned to<br />
showing first Winnipeg showings of Russian<br />
product, the first of which is entitled "Symphony<br />
of Life," a musical in color. The first<br />
full length animated cartoon in color, "The<br />
Magic Horse," also made in Moscow and patterned<br />
after Walt Disney's feature-length<br />
fairy tales, will be the State's second first<br />
run feature.<br />
Dividend on Common Stock<br />
Raised by Famous Players<br />
TORONTO — Famous Players Canadian<br />
Corp. has increased the dividend on common<br />
shares for the last quarter of 1950 from 25c<br />
to 30c, payable December 23 to stockholders<br />
of record on December 8.<br />
The raising of the dividend payment, attributed<br />
to good business for the circuit,<br />
caused a jump in the price of Famous Players'<br />
shares on the stock exchanges at Toronto<br />
and Montreal. Quotations went from a recent<br />
$15.75 to $17.25, apparently in anticipation<br />
of an excellent annual report.<br />
CALGARY<br />
TXTith the arrival of subzero weather, the<br />
Chinook Drive-In has closed for the<br />
winter. The Chinook is operated by Western<br />
Drive-In Theatres with Frank H. Kershaw<br />
as managing _<br />
director. Western owns two<br />
drive-ins in Edmonton and oiie in Lethbridge<br />
. . "Blossoms in the Dust" had a<br />
.<br />
record-breaking week at the Rialto in Edmonton.<br />
Owing to a crowded .schedule, it<br />
could not be held over, but was transferred<br />
to the 'Varscona on Saturday. A full house<br />
was reported on the first night's run.<br />
Mrs. W. P. Pilkie, wife of Mayor W. P.<br />
Pilkie of Vermilion, is convalescing in the<br />
University hospital at Edmonton after<br />
an operation. Pilkie operates the Columbia<br />
Theatre in Vermilion ... A new<br />
theatre, the Avalon, has been opened in<br />
Beverly, Alta., suburb of Edmonton, under<br />
the ownership of Dominic Kubalik and<br />
Nick G. Rupstash. Seating capacity is 418.<br />
With the advance of cold, wintry weather,<br />
salesmen on the road have been slowed up.<br />
Business is holding its own.<br />
Anna Neagle Will Appear<br />
At Toronto 'Odette' Bow<br />
TORONTO—For the first time since the<br />
Second World War, Anna Neagle is scheduled<br />
to make a visit to Toronto when she will<br />
make a personal appearance for the North<br />
American premiere of her latest feature,<br />
"Odette," which opens December 7 at the<br />
Imperial. Ai-rangements for the engagements<br />
in Canada were made by President J. J. Fitzgibbons<br />
of Famous Players Canadian Corp.<br />
when he was in London recently.<br />
Theatre Ads Go French<br />
In Nova Scotia Towns<br />
DIGBY, N. S.—The French shore between<br />
Digby and Yarmouth on the Nova Scotia side<br />
of the Bay of Fundy is going French. Almost<br />
all advertising and shop signs, including theatres,<br />
are in French to stress the French atmosphere<br />
for the benefit of tourists. Frenchlanguage<br />
films are screen at Weymouth,<br />
Digby, Meteghan, Church Point, Comeauville,<br />
Little Brook, Concession, Plympton and<br />
Yarmouth.<br />
'The Outlaw' to Halifax<br />
HALIFAX—After a delay of three years,<br />
"The Outlaw," highly controversial Hov;ard<br />
Hughes opus, hit a Halifax screen. It was<br />
shown single bill, with news and a carfci;on,<br />
pt the Paramount, newest Famous Playtr.s<br />
house in the maritimes. It had been screened<br />
at most centers through the maritimes the<br />
past two years.<br />
Toronto Mayfair Opened<br />
TORONTO—The remodeled Mayfair on<br />
suburban Jane street was reopened by 20th<br />
Century Theatres November 27 after numerous<br />
changes in structure and fittings. A<br />
new special policy of first run programs as<br />
been inaugurated at this 478-seat theatre.<br />
RESEARCH BUREAU<br />
for<br />
MODERN THEATRE PLANNERS<br />
ENROLLMENT FORM FOR THE INFORMATION<br />
The MODERN THEATRE<br />
PLANNING mSTITUTE<br />
325 Van Brunt Blvd.<br />
Kansas City 1, Mo.<br />
Gentlemen:<br />
12-2-50<br />
Please enroll us in your RESEARCH BUREAU<br />
to receive information regularly, as released, on<br />
the following subjects for Theatre Planning:<br />
n Acoustics<br />
n Lighting Fixtures<br />
D Air Conditioning q Plumbing Fixtures<br />
D Architectural Service<br />
^ projectors<br />
"Black" Lighting<br />
n Building Material<br />
n Carpets<br />
n Coin Machines<br />
Projection Lamps<br />
n Seating<br />
Signs and Marquees<br />
n Complete Remodeling S°und Equipment<br />
D Decorating<br />
Television<br />
D Drink Dispensers D Theatre Fronts<br />
n Drive-In Equipment D Vending Equipment<br />
D Other Subjects<br />
Theatre<br />
Seating Capacity..<br />
Address<br />
City<br />
State<br />
Signed<br />
Postage-paid reply cords for your further convenience<br />
in obtaining Information are provided in The MODERN<br />
THEATRE RED KEY SECTION (Nov. 18, 1950).<br />
BOXOFFICE :: December 2, 1950 113
Change language