NEW YORK (Jul. 13)
Henry Montor, president and founder of Henry Montor Associates, Inc., member firm of the New York Stock Exchange, has resigned as president and has arranged to dispose of his interest in the firm, it was announced today.
At the same time, it was announced that Jacob M. Alkow, formerly vice president, has been elected president of the firm. It is contemplated that the name of the firm will be changed in the near future.