Monday, Jan. 26, 1931

Personnel

The following were news last week:

Leon F. Rains, first vice president of Columbia Steel Corp., Pacific Coast unit of United States Steel Corp., resigned to succeed the late Addison H. Beale as president of A. M. Byers Co., iron-pipe specialists.

Edward Wentworth Beatty, chairman and president of Canadian Pacific Railway, was elected a director of the advisory committee of International Nickel Co. of Canada Ltd., succeeding the late Lord Melchett.

James C. Murray, director of Quaker Oats Co., was elected president of Chicago Board of Trade, succeeding John A. Bunnell, president since 1926.

Russell Richards Brown, announced he will resign as president of United States Industrial Alcohol Co. on April 16.

Sanders A. Wertheim resigned as president of Burn Bros. Inc., was succeeded by Noah H. Swayne, executive director of the Anthracite Institute. Two officers of Lehigh Valley Coal were made directors of Burns Bros.

Frederick Brant Rentschler, chairman of United Aircraft & Transport Corp. was made a director of Hartford National Bank & Trust Co. In Hartford is U. A. T.-controlled Pratt & Whitney Aircraft Co.

Arthur Jordan, onetime (1898-1916) owner of Meridian Life Insurance Co. of Indiana, was elected president of Postal Life Insurance Co., succeeding William R. M alone who originated the idea of selling life insurance by mail, founded Postal in 1905.

Albert L. Ehrman, onetime (1920-22) president of San Francisco Stock & Bond Exchange was again elected to that office.

H. Harvey Pike Jr., vice president of New York Coffee & Sugar Exchange, was elected president.

Alanson Bigelow Houghton, onetime (1922-25) U. S. Ambassador to Germany, then to England (1925-28). chairman of Corning Glass Works, was elected a director of International Acceptance Bank, unit of Manhattan Co.

Curtis Ernest Colder, president of American & Foreign Power Co., was made a director of National City Co.

Robert Wright Stewart, onetime (1918-29) chairman of Standard Oil Co. of Indiana from which he resigned after a tussle with the Rockefeller family, was not re-elected a director of National City Bank.

Edward George Seubert, president of Standard Oil Co. of Indiana, was made a director of First National Bank, Chicago. It is his only official outside activity.

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