BUS INESS & FINANCE,STATE OF BUSINESS: New Faces

STATE OF BUSINESS

In a newsy week in U.S. business, it was new faces—and comparatively young faces—that figured in the biggest stories:

¶A 41-year-old real-estate man and his associates bought the Empire State Building (see Real Estate).

¶A 40-year-old college president was named head of the New York Stock Exchange (see Wall Street).

¶The 45-year-old president of United Paramount Theaters, Inc. made a deal to buy American Broadcasting Co. (see Show Business).

¶A 39-year-old grocer won a legal fight that knocked a big hole in the fair-trade laws (see Retail Trade).

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