This is part of the Hollywood Pre Code Films season at the Cinema Museum. Details here.
Chicago Reader review:
The death throes of the Jazz Age, as filmed by the only female director of 1930s Hollywood, Dorothy Arzner. Sylvia Sidney is a socialite, Fredric March the alcoholic journalist she falls in love with. This 1932 picture is very highly regarded in some quarters, including Arzner's—she felt it was her best work. With Adrienne Allen, Kent Taylor, and Cary Grant.
Here (and above) is an extract.