What is the movie called where the devil goes to a small town to find an heir?

there is like a scene where the little boy is watching TV and there is a floating cane in front of him and he gets hypnotized. Then there is a part where all the moms have to pick stones and the one with the black stone loses her son. I remember this movie from the early ninties I thought that Anthony Hopkins was in it but I'm not very sure. I just want to figure it out what the hell its called.