76th Congress

3d Session

SENATE COMMITTEE PRINT

INVESTIGATION OF CONCENTRATION

OF ECONOMIC POWER

TEMPORARY NATIONAL ECONOMIC

COMMITTEE

A STUDY MADE UNDER THE AUSPICES OF THE SECURITIES
AND EXCHANGE COMMISSION FOR THE TEMPORARY NA-
TIONAL ECONOMIC COMMITTEE, SEVENTY-SIXTH CONGRESS,
THIRD SESSION, PURSUANT TO PUBLIC RESOLUTION NO. 113
(SEVENTY-FIFTH CONGRESS), AUTHORIZING AND DIRECT-
ING A SELECT COMMITTEE TO MAKE A FULL AND
COMPLETE STUDY AND INVESTIGATION WITH RESPECT
TO THE CONCENTRATION OF ECONOMIC POWER IN,
AND FINANCIAL CONTROL OVER, PRODUC-
TION AND DISTRIBUTION OF GOODS

AND SERVICES

MONOGRAPH No. 30

SURVEY OF SHAREHOLDINGS IN
1,710 CORPORATIONS WITH SECURITIES LISTED

ON A NATIONAL SECURITIES EXCHANGE

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TG.C
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TEMPORARY NATIONAL ECONOMIC COMMITTEE

(Created pursuant to Public Res. 113, 75th Cong.)
JOSEPH C. O'MAHONEY, Senator from Wyoming, Chairman
HATTON W. SUMNERS, Representative from Texas, Vice Chairman

WILLIAM H. KING, Senator from Utah
WALLACE H. WHITE, JR., Senator from Maine
CLYDE WILLIAMS, Representative from Missouri
B. CARROLL REECE, Representative from Tennessee
THURMAN W. ARNOLD, Assistant Attorney General
*WENDELL BERGE, Special Assistant to the Attorney General

Representing the Department of Justice

JEROME N. FRANK, Chairman

*SUMNER T. PIKE, Commissioner Representing the Securities and Exchange Commission GARLAND S. FERGUSON, Commissioner

*EWIN L. DAVIS, Chairman
Representing the Federal Trade Commission

ISADOR LUBIN, Commissioner of Labor Statistics
*A. FORD HINRICHS, Chief Economist, Bureau of Labor Statistics

Representing the Department of Labor
JOSEPH J. O'CONNELL, JR., Special Assistant to the General Counsel
CHARLES L. KADES, Special Assistant to the General Counsel

Representing the Department of the Treasury

Representing the Department of Commerce

LEON HENDERSON, Economic Coordinator
DEWEY ANDERSON, Executive Secretary
THEODORE J. KREPS, Economic Adviser

*Alternates

MONOGRAPH No. 30

SURVEY OF SHAREHOLDINGS IN 1,710 CORPORATIONS WITH

SECURITIES LISTED ON A NATIONAL SECURITIES EXCHANGE

ACKNOWLEDGMENT

This monograph was written

by

HELENE GRANBY
Research and Statistics Section, Trading and Exchange
Division, Securities and Exchange Commission

Under the general supervision of

RAYMOND W. GOLDSMITH Assistant Director, and Chief of Research and Statistics Section, Trading and Exchange Division, Securities and Exchange Commission

and REXFORD C. PARMELEE Research and Statistics Section, Trading and Exchange Division, Securities and Exchange Commission The Temporary National Economic Committee is greatly indebted to the author for this contribution to the literature of the subject under review.

The status of the materials in this volume is precisely the same as that of other carefully prepared testimony when given by individual witnesses; it is information submitted for Committee deliberation. No matter what the official capacity of the witness or author may be, the publication of his testimony, report, or monograph by the Committee in no way signifies nor implies assent to, or approval of, any of the facts, opinions or recommendations, nor acceptance thereof in whole or in part by the members of the Temporary National Economic Committee, individually or collectively. Sole and undivided responsibility for every statement in such testimony, reports, or monographs rests entirely upon the respective authors.

(Signed) JOSEPH C. O'MAHONEY, Chairman, Temporary National Economic Committee.