Personnel

The following names were news last week:

James Herbert Case, chairman of Federal Reserve Bank of New York, will head Manhattan's new billion-dollar bank.

Walter Edwin Frew, president of Corn Exchange Bank Trust Co., will be on the directorate of the new Manhattan bank and last week he was also elected a director of Ingersoll-Rand Co., maker of building and mining machines.

Henry A. Roemer, president of Continental Steel Corp. (Kokomo, Ind.), was elected president of Sharon (Pa.) Steel Hoop Co. Past-president Severn P. Ker becomes chairman.

Lorenz Iversen, vice president and general manager of Mesta Machine Co., was made president. Machinist Iversen was born in Denmark, went to sea for two years as a machinist, then worked in the U. S. He saw technical training was essential, went to University of Bingen, Germany. In 1902 he returned to the U. S., started work in Mesta's designing room. Mesta, located in West Homestead, Pa., is a leader in making the big equipment used by steel mills, employs 2,000 men. A notable product was a 14,000-ton press for the U. S. armor plant in South Charleston. A pressure of 14,000 tons is equivalent to the weight of 70 freight locomotives. Other notable products are the tremendous machine tools Mesta makes for its own use. Mesta's net sales last year were over $8,000,000.

Hiland Garfield Batcheller became president of Ludlum Steel Co. Steelman Batcheller left the sales department of Carnegie Steel in 1916 to become assistant to the president of Ludlum, was elected a vice president three years later. To all steelmen he is famed for his contributions to the development of alloy steels in the U. S. He has long been interested in the Krupp steel works of Germany, arranged for Ludlum to share in the U. S. production of two Krupp metals: nitralloy, a wear-resistant steel used chiefly in the automotive and airplane industries, and Strauss Metal, used for cutting tools. He was instrumental in the formation of Krupp Nirosta Co., which has licensed certain U. S. companies, including Ludlum, to manufacture nirosta, a corrosion-resistant steel developed by Dr. Benno Strauss of the Krupp plant. President Batcheller is 54, lives in Watervliet, N. Y. (the Ludlum plant is there), likes outdoor sports.

Walter Rimciman, British Liberal leader, was appointed dictator of Royal "Mail shipping group, run far off the course of profits by Lord Kylsant.

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