Show I I Graumans Grauman's Theatre in I L. L A. A Sold for 4 Million I LOS ANGELES A. March 20 A A of San Francisco and Los Angeles group capitalists has purchased Graumans Grauman's Metropolitan theatre building gral at Sixth and Hill Mill streets together with L the ground on which together it stands for from Sid Grauman and the Famous Players Players- corporation it was announceR an- an LaskY t ay by Grauman One- One for forthe forthe the purchase price was half haIt of fife the building and the remainder for forth forthe forthe th the site It was stated the purchasers of ot AC A X hea headed ed by A. A C. C Blumenthal r C. C Blumenthal Co would add seven sTor stories es to the building which comprises six noW Sie The sellers have hale taken a fifty fifty- of ot the theatre and will l lease ase year vear continue to show motion pictures |