MEXICO CITY -- Concern in the business community here has escalated following the kidnapping Monday of the son of a major retail executive.

Another prominent executive was abducted last month.

In response to both kidnappings, President Carlos Salinas de Gortari Tuesday announced the creation of a National Public Security council.

The move is seen partly as Salinas' way of assuring foreign investors that the kidnappings, and last month's assassination of presidential candidate Luis Donaldo Colosio, are not part of a larger crime wave.

Angel Losada Moreno, 39, executive vice president of Gruro Gigante. Mexico's second-largest retail chain, and the son of its chairman and owner, Angel Losada, was plucked Monday from his car in the wealthy neighborhood of Polanco, a block from the headquarters of the 193-store company.

Still missing is Alfredo Harp Helu, president of the country's largest financial group, Banamex-Accival, who was kidnapped on March 14. None of the abductors in either kidnapping case have been identified.

Gigante stores are roughly 48,000 square feet, and sell food and general merchandise, including apparel. The chain had sales last year of $2.5 billion and income of $27.4 million.

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