“F. & R.–Saxe Confab”

Headline: “F. & R.–Saxe Confab”

Pooling of Northwest Theaters (Finkelstein & Reuben), Minneapolis, and Saxe Enterprises, Milwaukee, now understood to be virtually completed will be done through flotation of a bond or stock issue, it is understood. Executives of both firms are in New York and scheduled to attend a meeting today with Hayden & Stone, banking firm. Merging of the holdings will give the combined circuit about 180 houses in Minnesota, North and South Dakota and Wisconsin.