Show z MOVIE March 29 United S. S of another hu huge e picture c. c va Jn In progress t tda da Josep M. M Schenck president of United said S. S lie He has j just st r from from ew CW L 1 York oik after setting th In motion pre pre- steps for a L V of f United rUsts Artists Interests S Yarner Varner Brothers the proposed stock S 3 the theS of tho two S units of United Artists inS InI In- In I S interests or of Douglas FaIr 0 bank Mary pickford Charles D. D W. W morIa co d dInto Swanson vanon are beIng being- Into a con ern to beS be benon Artists United S no n as as' as dated corporation S Under the agreement Is isS uhl to be In process ot of negotiation S United Artists Consolidated will be gIven the privilege e ot of fUm distribution tion Warner thea re the latter Jatter profit b by hayIng havin hay hay- S in Ing access to the picture outi output ut of S 11 Artists production schedules S S And ther activities ot oC United r J S tIts wIll be unaffected by br the proS proposed pro pro- S posed merger said S J A consideration ot of in inS S cash will be involved In the transfer trans trans- S 50 cent ot of stock from fer er ot of per Artists to Warner studIos S stated 5 was ConfIrmation ot of the deal mut S said tint first be obtained Schenck fron the varIous partners lii In United S |