Business: Giants Pinned

More than one big cinema company has been, during the last two years, like a wrestler who is within inches of being downed, heaving, struggling, just keeping shoulders off the mat. While the Law has watched closely as referee, spectator-stockholders have squirmed on their chairs waiting for escape or final collapse. Last week decisions came in two giant bouts— both adverse. Paramount Publix Corp. and Radio-Keith-Orpheum Corp. went into receivership in quick succession.

First to go was Paramount with $166,000,000 in assets, 1,500 theatres. In the late days of the Coolidge bull market it...

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