Personnel

Last week the following were news:

Edward E. Shumaker, president of R. C. A.-Victor Co., presented his resignation, to take effect Jan. i. He is 50, long planned to retire at that age.

Major General George Sabin Gibbs who retired as Chief Signal Officer of the U. S. Army to become a vice president of International Telephone 6 Telegraph Corp-(TIME, July 13), was made president of Postal Telegraph-Cable Co,, succeeding newlywed Clarence Hungerford Mackay who becomes board chairman. General Gibbs's record in the Army was long and active. He entered the service in 1898 as a private in the sist Iowa Infantry. In 1900, after participating in 28 Spanish War skirmishes & engagements, he was made a first lieutenant, signal officer. He served several years in Alaska and Cuba in the construction of military telegraph lines. For his work in the Signal Corps during the War he was decorated by five governments. In 1923 he supervised replacing the Washington-Alaska submarine cable, a difficult operation. Before his election to Postal's presidency last week, he made a tour of inspection of the company's system. His task in Postal will be a difficult one. Although the company has become extremely aggressive, it has not demonstrated any real earning power since it was organized in 1928 to combine the Mackay system under I. T. & T. direction. It failed to cover its bond interest for the first half of the year, pays no dividend on its preferred. Its entire common stock is held by International Telephone & Telegraph Co.

Florenz Ziegfeld was named vice president and art director of Golding Fabrics Corp. President of the company is Edwin I. Golding, oldtime silkman, onetime president of Stehli Fabrics Corp. Treasurer is Herbert Bleyer, past president of Doucet et Cie. In the trade Silkman Golding is known as a "superior salesman." The new company will have for its slogan: "Glorifying the American Girl." It will stress designs for a special type of woman. If the woman thinks she looks like a member of the Ziegfeld chorus she will easily find her dress, for each label will give the name of the Zig wearing that model. One store in each city will have a franchise for handling Golding dresses. The company will engage "leading American artists" to design its frocks, has not revealed their names.

John Albert Droege, general manager and vice president of New York, New Haven & Hartford R.R. resigned. He was with the New Haven since 1904, started work as a telegrapher for the B. & O. in 1880.

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