1939

1. Gone With the Wind (Victor Fleming)
2. Stagecoach (John Ford)
3. The Wizard of Oz (Victor Fleming)
4. The Story of the Last Chrysanthemum (Kenji Mizoguchi)
5. Drums Along the Mohawk (John Ford)
6. Only Angels Have Wings (Howard Hawks)
7. Rules of the Game (Jean Renoir)
8. The Roaring Twenties (Raoul Walsh)
9. Young Mr. Lincoln (John Ford)
10. Mr. Smith Goes To Washington (Frank Capra)

Honorable Mentions:
Gunga Din (George Stevens), The Huchback of Notre Dame (William Dieterle), Love Affair (Leo McCarey), Ninotchka (Ernst Lubitsch), The Women (George Cukor), Golden Boy (Rouben Mamoulian), The Little Princess (Walter Lang), The Four Feathers (Zoltan Korda), Wuthering Heights (William Wyler), Son of Frankenstein (Rowland V. Lee)