Show MOVIE PURCHASE RUMOR ABROAD ABRO LOS ANGELES Aug 3 By 3 By The Th Associated Press The Examiner says it is widely reported in financial circles here and ond in New York that George J. J Whelan tobacco magnate and William C C. Durant noted auto auto- automobile automobile automobile mobile maker and financier are arc ne ne for the purchase outright of Universal Pictures corporation The The approximate purchase price Is reported reported- to be Carl founder and president of the film corporation corpo-atlon will remain as pres pres- president presIdent president ident of the board of directors of the thc new organization according to the report The Universal Pictures corporation owns and operates motion picture theatres throughout the United States and Is building other picture palaces at a total cost of Whelan was the organizer of the United Cigar Stores Stores' |