Mammoth Pictures is losing money and is tying up a valuable parcel of real estate.

I say let's bulldoze it and build Clampett City.

And now, speaking from her office in Hollywood, is someone who opposes Mr. Drysdale's views, the famous columnist, Miss Hedda Hopper.

I have not met this eastern financier, Mr. J.D.

Clampett, but I would like to say to him that Mammoth Pictures is more than just a valuable piece of real estate.

It's a priceless chapter of Hollywood history.

written by stars whom the world will never, never forget.

I intend to seek him out and do my best to convince him that a studio so rich in memories should and must be preserved.

Thank you, Miss Hopper, and good luck.

Now, I say good luck because our new staff has been unable to locate Mr. Clampett.

He and his family have dropped from sight just when the fate of the studio hangs on his decision.

Particularly the western set located here on the back lot.

It is here that Drysdale has announced that he will begin construction.

Now, will this movie set be replaced by 40-story skyscrapers?

Only Mr. Clampett can answer that question, and he has disappeared.

And on that note of mystery, we return you now to our studios.

This is Bill Baldwin in Newscopter One.

But so far, the place looks deserted.

I'll make another run and call you back.

Goodbye.