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Macrae Sykes, 86, Wall Street Leader

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October 21, 1996, Section B, Page 9Buy Reprints
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Macrae Sykes, a former chairman of the American Stock Exchange, died on Oct. 13 at a nursing home in Southampton, L.I. He was 86.

He lived in East Hampton, L.I., and Delray Beach, Fla., and had worked on Wall Street for more than 40 years.

Mr. Sykes was a senior partner with Shields & Company and was a director of the Bache Group after it merged with Shields in 1977 until he retired in 1981. He was a governor of the New York Stock Exchange and a governor as well as chairman of the American Stock Exchange.

He was born in Bayside, Queens, and graduated from Columbia University in 1933.

Survivors include his wife, Jane Alwyn Sykes; two sons, Richard Macrae Sykes of Mill Neck, L.I., and Nantucket, Mass., and James William Sykes of Manhattan and Sharon, Conn.; a daughter, Anne Sykes Hoffman of Peru, Vt., and Nantucket; three stepdaughters, Christina Watkins and Gay Clarke Weaver, both of Greenwich, Conn.; Brooke Laughlin of Manhattan and East Hampton; and seven grandchildren. His first wife, Jean George Sykes, died in 1981.