| COFFEE, SUGAR AND COCOA EXCHANGE NAMES CHAIRMAN | |
| The New York Coffee, Sugar and Cocoa | |
| Exchange (CSCE) elected former first vice chairman Gerald | |
| Clancy to a two-year term as chairman of the board of managers, | |
| replacing previous chairman Howard Katz. | |
| Katz, chairman since 1985, will remain a board member. | |
| Clancy currently serves on the Exchange board of managers | |
| as chairman of its appeals, executive, pension and political | |
| action committees. | |
| The CSCE also elected Charles Nastro, executive vice | |
| president of Shearson Lehman Bros, as first vice chairman. | |
| Anthony Maccia, vice president of Woodhouse, Drake and Carey, | |
| was named second vice chairman, and Clifford Evans, president | |
| of Demico Futures, was elected treasurer. | |