Business: Interregnum in Hollywood

A cinema trade paper last week reported that United States Steel Corp. had loaned $2,000,000 to Tiffany Productions, Inc. (features). Commentators sought in vain for an explanation of this fantastic story. The only link between the two companies is remote: Leonard A. Young, president of Tiffany, is also president of steel-buying L. A. Young Spring & Wire Corp.

The tale, however, was typical of the wild rumors which have been gossip in the industry during recent months. Turbulent in infancy, the cinemaelstrom was still concerned last week...

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