- Bob Hope: Oh, there's some great pictures. I think "Godfather Part II" has an excellent chance of winning. Neither Mr. Price nor Mr. Waterhouse have been heard from in four days.
- Frank Sinatra: It's, uh, reassuring for me to look out at all of you and see how pretty, and how lovely you look tonight. And so many gifted people are still making pictures like you do with your clothes on. And contrary to what Dustin Hoffman thinks, it is *not* an obscene evening, it is *not* garish, and it is *not* embarrassing.
- Jack Lemmon: [presenting the Best Actress award] We are all very fortunate tonight, because I have lost my voice.