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DCL
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EDINBURGH
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THỦ HONGKONG DAILY PRESS, MONDAY, OCTOBER
MALT EXTRAC
with
THE POSITION OF RUBBER,
་
27TH.
1924
STABILIZATION OF THE MOTION PICTURE INDUSTRY. PRODUCING ACCEPT- COST OF
ABLE "FEATURES."
"From now on the moving" pictures will be a leas spectacular business but a safer one, is the comment of the Nation discussing the Stabilization of the Motion Picture Industry in the September, issue of (numerce Monthly.
COD LIVER OIL of Commeres in in
Is made from the finest selected Barley and malt- ed with the greatest care on the Company's own " premises by the most scientific methods of manufacture.
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7
AN AMERICAN VIEW. In the current issue of Commerce Monthly, the National Bank of Com- merce in New York analyzes the position of the rubber market. It says in part:
Further restriction of the exportable Plantations and greater demands tron manufacturers have brought about re- newed "activity in the crude rubber market during the past month, with a sharp upturn in prices from their recent Jaw levels. An average price in London of less than one shilling & pound during the quarter ended July 31st caused a reduction in the exportable allowance of British plantations from 60 per cent to 50 per cent. of normal production. under the Stevenson Plan of regulating exports. While the reduction was not officially announced until July 31st, it was expected, and was discounted for some
time prior to that date.
etal basis of
past
"The motion picture industry is slowly getting out of the class of a game and more in the class of a business," the Bank points out. The evolution : is not yet complete, but to its progress the events of 1999 and 1923 have contri- buted notably, A settling down proccas Las has been taking place during the two years, resulting in the establishment of three fundamental principles: first, that production costs cannot be enlarged indefinitely witbouction to the breaking straining the fuon- The action of the Stevenson Committee point; second, that sound Anancing will reduce by 18,750 gross tons per year methods are indispensable for the pro- the amount of rubber which may ex-greas of the industry; and third, that ported from British Malaya and Ceylon, public approval and good will are its Irom 201.000 tons per year to 184,250 tons most valuable assets. Until the motion Moreover.
picture industry per year.
the average Lon- don price for the next quarter is not was the spoiled child among American industries, spending as lavishly as it more than 15. 3d. per poduced by still pleased on more and more costly pro able allowance may be reduced by still another 3 per cent, and this may be ductions. knowing that the generous repeated each quarter until the average public would foot the bills, this con price for the quarter is above is. 3ddition was not permanent. Judging by Exports cannot be increased until the the volume of collections under the average price for the quarter is at least Federal tax on admissions to all classes Is. 3d
of entertainments, the 12 months ending June 30th, 1091, established the record for expenditure on admissions to enter tainments, Undoubtedly,
the arger share of this total, there are so motion picture theatres formed
mate theatres in the United States, "but many more picture houses than legiti it is impossible to segregate returas from any one source.
The Stevenson Plan became effective November 1st, 1992. In anticipation of the Plan's going into effect and within a short period afterward prices of crude rubber doubled, gradually shading off again during the latter part of 1925 and the first kalf of 1924. The effectiveness of the Plan has been to a considerable extent nullified by the refusal of Dutch growers to come into it and by the lack of co-operation on the part of native growers. Only 1 per cent of the total area planted to rubber is in British ter-
while 5 per cent. is in Dutch ter
For 1993 actual production per
nere in bearing was 374 pounds in the Dutch East Indies, while in British Malaya it was only 284 pounds and 20 pounds in Ceylon.
Concluding, the Bank says: "Un satisfactory prices for rubber during the past four years have discouraged new planting of rubber plantations and caused apprehension in many quarters in regard to the world's future supply of rubber. It is expected that consump
will
expand considerably with the discovers of new applications of rubber
the
tion
and
e in countries other than the States. Almost no new acreage has been planted; that which is now com- ing into bearing was planted prior to the depresson, so that within a few years the only increase in production will come from the increasing yield of trees already in bearing, and this is believed to be not sufficient to keep pace with the grow ing demand."
招
MAN WHO WON £200,000.
BROKE THE BANK AT MONTE CARLO.
INK SPLASHER'S RECORD.
admissions to
Costs of production in this industry. as in others, have risen rapidly in the past few years. Once it was possible to produces an acceptable feature pic- turc for a few thousand dollars. Now the average is between $100,000 and $900,000. Superpictures" which have been exploited in very recent years cost from $700,000 to $1,500,000. Cost does not determine pronts, however. Pro- ducers have learned that it is possible to earn as large & profit op a good $100,000 picture as on one which costs $200,000.
Spectacular superproductions of the risk million-dollar class magnify the which the producer runs. They will never be the bread-and-butter earners of the industry. The recovering of such a large investment in production takes a longer time than realizing cost and pro- smaller pictures. Forn year or longer the producer must lose intercat on bis, capital which is tied up in the pictures, or pay, interest on louns before profits begin.
In the greater number of cities there is no field for pictures at which maxi- mam admission charges are $2.00 or overt neither the size of the theatres nor the enthusiasm of audiences would support such rates. After several months of showing in the large centres a picture is retired to country wide circulation and the producers begins to receive returns above his outlay. A million-dollar pie- ture may take from one to two years to bring back its cost. In exceptional cases. a picture may run for several years.
In the short life of the motion picture American producers have reap- nd a golden harvest, a possible 00.000 pic. ed
That Arthur de Courcey, Bower, 68, who was charged with throwing ink over ture theatres in the world, 15.000 are in woman's dress in the West Eud. once the, United States with a
a weekly atten broke the bank at Monte Carlo was re- danes now estimated at 50.000.000 and vealed when he was brought up on re-weekly admissions of $10.000.000. An- mand at Bow Street last month. He was nual rentals paid in the United States also charged with Walter Watt, 60, are conceded to be larger than rentals street vendor, with being drunk and disaid in all other countries put together. orderly. Detective-Sergeant Pearce said The fat years of the period 1914 to 1990 Hower had a remarkable record: At one when wages were rising gave the indus- time a wealthy man, he became a great try an opportunity which may never be gambler and lost all his money, and then repeated. took to drink. He served a sentence of imprisonment 20 years ago for a bank ruptcy offedce.
Watt was a prominent netor a few years ago, but owing to drink he had fallen on evil times and now sold matches in the streets.
NOTORIOUS GAMBLER.
Mr. Philip Conway, for Bower, said it was true that he was a notorious gambler. He once broke the bank at Monte Carlo by winning more than £200,000. He had recently written for a firm of publishers his experiences us a gambler at Monte: Carlo and elsewhere!
w
Toward the close of 1973. overproduc tion. big pictures and lack of cost control had brought the industry to a point where its finances were not suffici ently liquid for safety. Drasto measures of retrenchment werd enforced by several of the larger companies even to the point of closing the studios for a number of weeks last fall. The desirability of keeping production under the direct supervision of financial departments which are located in the East led to an increase in activity in Eastern studios. California's supremacy is not seriously endangered, however,
The opinion, from high authority, that the further growth of the industry pro- Whatever sort of life he had led in mises to be greater than that already attained enn be accepted only with reser- the past, he had never, as he himself put vations so far as the American market is it, stopped to such a low, cowardly, and concerned. It is undoubtedly true as miserable act as deliberately to damage regards the application of motion pit- n woman's dress in this way. The dreptures to industry, advertising, propa- ning of the ink bottle was quite acei. Iganda, education, and research, where dental, and he was prepared to pay for only a beginning has been made. Acti- the damage.
vity in picture production at present is devoted in overwhelining proportion to
maximum.
The Magistrate, Mr. Leycester, said he had no doubt that Bower purposely
industry. is- mach Ticaret the threw the bottle of ink, though theement. In this field the growth of not suppose he would have done it if bo had been sober. He fined both men 108. for being drunk, and fined Bower £2 for the ink-throwing and ordered him to pay. £3, 10s, the amount of the damage.
WORTH £1,500,000.
TO-DAY & TO-MORROW, at 5:15 & 9.15 p.m..
CLARA KIMBALL YOUNG
IN
MID-CHANNEL"
(THE GREATEST PICTURE OF HER ENTIRE CAREER). IT 19/A MAGNIFICENT PRODUCTION THAT IS A SLICE OF
· LIFE—THE "TENSELY HUMAN STORY OF A MAN AND A WOMAN WHO SAUGHT HAPPINESS WHERE IT WAS NOT TO BE FOUND AND WHO AT LAST DISCOVER IT IN EACH
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16
IVAN MOZUKIN & NATHALIA LESIENKO
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MANCHESTER
Only gradually is the motion picture C. E. WARREN & CO., LTD. business gaining recognition as a proper
SANITARY ENGINEERS. MONUMENTALISTS" -
Until the past year or two few compan for placing of bank funds,
ies could secure loans. A western bank in close touch with the industry stated.
OFFICES Dearly a Captain Arthur William Frederick den 1921 that only a few out of Courcy Bower broke the bank at Monte trict were sale risks for bank loans. At hundred producing concerns in its dis Carlo in 1911; said a friend.
this condition is changing Ta OF 989. present During the last 20 years, Captain Bank officers have been invited to join Bower has won many fortunes," he said. the directorates of larger film companies "At one time I should say he was worth and the modifying of speculative features £1,500,000, but owing to his great gene in the industry is resulting in a less
banks.
1.
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Of all Barcar Dealers
and Chemists.
F. C. CALVERT & COMFY, MANCHESTER, ENGLAND,
P.&O.BANKING CORPORATION
LIMITED. (INCORPORATZE IN-EPULLED, 1920) with which is affiliated
EXDIA
TEB” ALLAHABAJ 31D, WYNDHAM STREES,
HONGKONG,
ESTIMÄTES FREE FOR COMPLETE
rosity he got rid of large sums of money. distrustful attitude on the part of the SANITARY INSTALLATIONS.
"I have known him start off for an evening with £1,000 in his pocket and to have not a shilling left on the next morning. He was educated at Eton."
"He had won about £80,000 in one "Just after seeing a newspaper poster evening and broke the bank more than in London announcing that an English- once. "He had a run of about nineteen man had broken, the bank at Monte Carlo on the red, which he backed to the
I received a telegram from Captain maximum-I think it was then £480-each
HOT WATER SYSTEMS, &c SPECIALISTS IN MONUMENTAL WORK
GUT-TROM.
Bower asking me to join him at once. time. He never played at the Tooms ITALIAN MARBLE-POLISHED AND/ Iwent to Monte Carlo the same day and again while I was there, and, to the best Captain Bower showed me a lot of money of my knowledge, he had never played
he had won hidden in a large sponge bag since.
in a toilet bowl.
(Continued at foot of next Column.)
"He has also had some big financiál deals during his life.”
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