Changes of the Week

P: Avery C. (for Comfort) Adams, 58, moved up from president and chief executive of the nation's 13th-ranking steel company, Pittsburgh Steel (ingot capacity: 1.3 million tons), to the presidency of the fourth largest, Jones & Laughlin Steel Corp. (ingot capacity: 6.2 million tons). Yaleman Adams, a slender six-footer, started as an open-hearth laborer in 1919 at the old Trumbull Steel Co., where he worked up to assistant general sales manager. Later, he held vice-presidencies with Inland Steel Co., U.S. Steel Corp., Portsmouth Steel Corp., Detroit Steel Corp. Adams caught the fancy of Jones & Laughlin's Chairman Ben Moreell, who remains chief executive officer, by his $115 million Pittsburgh Steel rebuilding program, which is expected to increase sales from $118 million in 1950 to an estimated $225 million this year. P: Allison R. (for Ripley) Maxwell Jr., 42, Pittsburgh Steel's sales vice president, stepped into the shoes of Avery Adams. A native of Pittsburgh, he joined the company straight from Princeton in 1935, climbed through sales and engineering to the No. i sales post in 1952. There he helped change Pittsburgh Steel's sales line to the point where more than half of last year's sales were products the company did not even manufacture before he became vice president.

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