Securities and Soap

> Grim-faced Speculator Bernard E. ("Sell 'em Ben") Smith announced he would quit the brokerage business. Ben Smith reportedly made up to $10,000,000 monthly in spectacular bear raids during 1929-30. Since then he has dabbled in everything from airplanes to pepper: Grumman Aircraft, several Mexican oil deals, Alaska-Juneau and Mclntyre Porcupine gold mines, George Weston bakeries, the magazine Pathfinder, Eddie Dowling's girlie show Thumbs Up, the promotion of Dick Merrill's transatlantic flight.

> Bright James S. Adams, 44, was elected president of Standard Brands (Fleischmann's Yeast, Chase & Sanborn coffee). A flyer in World War I, he was for six years an adman (Benton & Bowles), six years a building-materials man (Johns Manville), two years a soapman (Colgate-Palmolive-Peet), seven months a $1-a-year man (OPM's auto and paper divisions). Standard Brands has been aging rapidly since depression times (1940 profits were 35% below 1932) and Adams' youth may prove as useful as his varied experience.

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