¶Harold W. Scott, 49, a Wall Streeter since he graduated from Princeton University in 1925, was nominated (equals election) as the nonpaid chairman of the New York Stock Exchange, succeeding Richard M. Crooks, who declined renomination. A partner of the investment firm of Dean Witter & Co., and a governor of the Exchange since 1949, Scott has been a leader in the Exchange campaign to sell the public on the advantages of stock ownership. George Keith Funston continues as the $100,000-a-year president and chief executive officer of the Exchange.
¶Stephen Power Parish,...
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