Personnel

Last week the following were news: Hubert Templeton Parson resigned as president of F. W, Woolworth Co. and was succeeded by Byron DeWitt Miller, 55, vice president & treasurer. Mr. Parson will be 60 (Woolworth retirement age, suddenly enforced) next September. He also gave illness (arthritis) as a reason for his resignation. There have been rumors of a rift in the Woolworth management for some time. Last year Mr. Parson made many an optimistic statement regarding the company at the time a pool was trying to push the stock. The new ruler of 2,430 stores in five countries started in the Woolworth Poughkeepsie store as a small boy, formed the British subsidiary in 1908. He is especially gifted in merchandising (Mr. Parson's talent was financial), has been in charge of the new 20-c- department since it was started in March.

Charles Henry Swift, 59, brother of the late Edward Foster Swift and vice chairman of Swift & Co, was elected chairman.

George Bruce Cortelyou, onetime (1907-09) Secretary of the Treasury and president of Consolidated Gas Co. of New York was elected president of National Electric Light Association. By past procedure the election would have gone to Marshall Emmett Sampsell, first vice president and head of Insull's Central Illinois Public Service Co. The action was taken to mean that the rift caused when the Association's big eastern members resigned last year is completely healed. Cause of it was the feeling that N. E. L. A. was dominated by the Insull group, went out of its way to be a publicity bureau rather than a trade association.

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