Business: Personnel

Outstanding personnel change of the week was when James Reader Leavell, 46, received flowers and telegrams upon becoming president of Continental Illinois Bank & Trust Co., fifth biggest U. S. bank, biggest of all in Chicago, succeeding Eugene Morgan Stevens, last fortnight appointed chairman of Chicago Federal Reserve Bank.

Banker Leavell was born in Missouri, speaks with a slight southern accent. He began banking in his father's bank at Fulton, Mo., rose to vice-presidency of First National Bank of St. Louis, resigned that position in 1920 to take...

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