Business & Finance: Babes Out of Woods

On the 67th floor of the RCA Building in Manhattan's Rockefeller Center is the breezy Rockefeller Center Luncheon Club. There one sweltering day last week, after a few rounds of cool Budweiser, some 35 financial newshawks sat down at a long table as the guests of Robert Ralph Young, amiable spokesman-member of the trio which bought control of the Van Sweringen railroad empire from George A. Ball, the Muncie, Ind. fruit-jar tycoon (TIME, May 3). It was quiet Mr. Young who described himself and his two partners—Allan P. Kirby and Frank F. Kolbe—as...

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