Monday, Sep. 28, 1931
Personnel
Last week the following were news:
Edward Laton Fuller, 27, was elected president of International Salt Co. of Scranton, succeeding his father, the late Mortimer Bartine Fuller. Milo M. Belding, former vice president, was made chairman. International is the world's largest salt producer, supplies about 25% of the U. S. consumption of rock and evaporated salt. During the first half of this year International earned (before Federal taxes) $399,000 against $322,000 in 1930's corresponding period.
Winthrop Williams Aldrich, president of Chase National Bank, succeeded Albert Henry Wiggin, chairman of Chase's governors, on the directorate of Fox Film Corp. Charles E. Richardson, former Chase vice president, was made vice president and treasurer of Fox. An executive and finance committee, apparently dominated by Chase, was formed to handle Fox's monetary problems. Said Chase: "There is no foundation for rumors to the effect that a disagreement has existed between Harley L. Clarke [president of Fox] and the bankers of the company."
Benjamin B. Greer resigned as president and a director of New York Air Brake Co., was succeeded by Lowell R. Burch, previously chairman of the executive committee. Mr. Greer was made president in 1925 when he was chief operating officer for the receivers of Chicago, Milwaukee & St. Paul. He has also been with Colorado & Southern and the Chicago, Burlington & Quincy.
Richard Mead Atwater Jr. succeeded Heber Charles Hicks (resigned Jan. 1) as president of New York Mining Exchange on which sales now average 12,000 shares a day. There are 75 stocks listed, of which 40 sell at less than $1.
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