Note the photo uploaded is a better quality one than that seen in the magazine.
A renewal search was done in publications for the years 1959 and 1960. There were no listings for this title; there's no evidence that copyright continues on the magazine.
Note that it may still be copyrighted in jurisdictions that do not apply the rule of the shorter term for US works (depending on the date of the author's death), such as Canada (70 years p.m.a.), Mainland China (50 years p.m.a., not Hong Kong or Macao), Germany (70 years p.m.a.), Mexico (100 years p.m.a.), Switzerland (70 years p.m.a.), and other countries with individual treaties.
{{Information |Description=Photo of the singing Boswell Sisters. From top:Martha, "Vet" and Connie. |Source=[http://archive.org/stream/newmoviemagazine05weir#page/n303/mode/2up page 65] The New Movie Magazine |Date=March 1932 (at lower left of page) |...