Word: orpheum
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President Odium is a great believer in "special situations." At the year end Atlas' special situations included Radio-Keith-Orpheum Corp. and Utilities Power & Light, in both of which Mr. Odium is heavily committed. But Mr. Odium does not like any "situations" which involve control. Last week in San Francisco he finished negotiating the sale of American Trust Co., a $271,800,000 institution which came with one of the trusts he picked up during Depression. Worked out by G. (for George) Parker Toms, astute Atlas West Coast representative, the deal will give Atlas some...
...Kennedy tackled his problem with one great advantage. Radio Corp. had plenty of ready cash At the close of 1934, RCA's balance sheet showed cash and securities of $23,679,000 Last October, Mr. Sarnoff sold half of Radio Corp.'s interest in Radio-Keith-Orpheum to Atlas Corp. and Lehman Bros, for some $5,000,000. These investment houses also took an option on the rest of RCA's holding in RKO for another $5,000,000, payable before the end of 1937. Last November Mr. Sarnoff sold RCA's interest in Electric & Musical...
Interested in Merlin Hall Aylesworth's resignation last week as president of National Broadcasting Co., Radio Corp. of America's broadcasting chain, were radio addicts; interested in his reason for resigning were cinemaddicts. Mr. Aylesworth attributed his resignation to press of work as chairman of Radio-Keith-Orpheum. Last year Floyd Bostwick Odium's Atla: Corp. and Lehman Bros, bought working control of RKO from RCA (TIME, Oct 21), soon followed this step by installing dapper Leo Spitz as RKO president (TIME Nov. 18). At the same time, RKO's President Aylesworth became...
...Orpheum Dance Paiaco (46th and Broadway) is well known as a place to see and a place to be seen...
...supplied by the theatres. University - "Steamboat Round the Bond," 3.10, 6.35, 10.00 "Here comes The Band", 1.45, 5.10, 8.35 Fenway-"The Payoff." P. M., 1.10, 3.46, 6.22, 8.58; "Ship Cafe." P. M. 2.26, 5.02, 7.38, 10.14. Fine Arts-"Maria Chapadelaine," P. M. 1.30, 3.45, 5.50, 7.55, 10.00. Loew's Orpheum-"I live My Life," A. M. 11.20; P. M., 1.30, 4.20, 7.10, 10.00. Loew's State-"I Live My Life," A. M. 11.20; P. M., 2.05, 4.50, 7.35, 10.20. Metropolitan-"The last Outpost." A. M. 11.17; P. M., 2.02, 4,47, 7.49, 10.34. Modern-"Dr. Socrates...