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Hamill & Co..

WMR & Co..

Columbus, Ohio..

100, 000

Houston, Tex..

95, 565

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90, 373

1 Trustee of employees' stock purchase plan.

TEXAS UTILITIES COMPANY

JUNE 14, 1972.

DEAR SENATOR METCALF: This is in response to your letter of May 10, 1972, in which you requested certain information with respect to the common stock of this company.

It is our policy not to disclose the ownership of the common stock of this company; however, upon the understanding that you have requested this information in your official capacity, as a member of the United States Senate and in connection with the work of its Committee on Government Operations, there is attached a list of our thirty largest shareholders of record on April 10, 1972.

Most of the share holdings on the attached list are in the name of a "nominee," accordingly, I would like to call your attention to the fact that such holding generally identifies a custodial bank, trustee, fund, or other institution, and that a nominee or street name usually will not identify the actual investor or beneficial owner of the shares listed.

There were issued and outstanding 26,750,000 shares (each entitled to one vote) of the common stock of this company on the above record date-April 10, 1972.

Very truly yours,

C. A. TATUM, Jr., Chairman of the Board and Chief Executive.

30 LARGEST SHAREHOLDERS AS OF APRIL 10, 1972

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TRANSCONTINENTAL GAS PIPE LINE CORPORATION

JUNE 26, 1972.

DEAR SENATOR METCALF: This refers to your recent letter addressed to James B. Henderson in which you request certain information regarding our Company's stockholders. Mr. Henderson retired as President on January 1, 1972, and I assumed his position at that time.

As you will note on the attached list, most of our 30 largest stockholders are nominees of banks representing intermediary holders which are, as you know, custodial shares for a variety of investors-individuals, estates, mutual funds, trust funds, etc.—so the nominee accounts have title to, but not the beneficial ownership of the shares and the real owners are not disclosed to the Company.

The second largest stockholder (Hamill & Co.) is the trustee of our Employees Thrift Plan. The third largest, Cede & Co., represents deposits in the New York Stock Exchange Central Certificate Service by participating institutions. Where the other holders are nominees, I have indicated the name of the principal or fiduciary. As of March 6, 1972, the Company had 22,284,777 common shares outstanding. Very truly yours,

G. M. MITCHELL, President.

30 LARGEST STOCKHOLDERS AS OF MARCH 6, 1972

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Arch & Co.-Nominee for The
St. Paul Companies, Inc.
Mrs. Florence M. Ames.
Brack & Co.-Nominee for First
Trust Company of St. Paul.

1, 039

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Walter H. Davidson..

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26, 417 25, 917

25, 248 25, 000

UNION ELECTRIC COMPANY

MAY 24, 1972.

DEAR SENATOR METCALF: This is in reply to your letter of May 10, 1972 requesting a list of the 30 largest shareholders in Union Electric Company.

We consider information on individual stock holdings to be confidential. Accordingly, we do not disclose such holdings except to the extent that we are required to do so by law or administrative regulation.

We are required to report annually to the Federal Power Commission the holdings of the 10 security holders having the highest voting powers. Attached is a list of these 10 holders as of the March 6, 1972 record date for voting at our 1972 annual meeting.

You also asked for the total number of voting shares of common stock. That number is 29,089,281. We also have outstanding 1,808,595 shares of voting preferred stock.

Very truly yours,

CHARLES J. DOUGHERTY, President.

10 LARGEST SHAREHOLDERS AS OF MARCH 6, 1972

VIRGINIA ELECTRIC AND POWER COMPANY

JUNE 6, 1972.

DEAR SENATOR METCALF: In reply to your letter of May 10, 1972, there is enclosed a list of the 30 largest holders of record of Common Stock of Virginia Electric and Power Company as of March 1, 1972, the record date for the 1972 Annual Meeting of Stockholders. As you are probably aware, the 10 largest holders are reported annually to the Federal Power Commission.

On the record date of March 1, 1972, there were 40,575,282 shares of Common Stock outstanding and entitled to vote.

We, of course, do not have information as to the possible thousands of beneficial owners of the shares held in nominee accounts.

Very truly yours,

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Division, Securities Section, Prudential Plaza,

Hamac & Co., P.O. Box 26246, Richmond, Va..

580, 000

544, 484

Thomas & Co., care of First National City Bank, 20 Exchange Pl., New York, N.Y..

30, 897, 876 29, 089, 281 1,808, 595

Cudd & Co., Chase Manhattan Bank, Box 1508, Church Street Station, New York, N.Y.

493, 715

1, 645, 026

1, 645, 026

Equitable Life Assurance Society of the United States, Securities Custody Division, 1285 Avenue of the Americas, New York, N. Y..

488, 636

563, 110

561, 148

1, 962

Merrill Lynch, Pierce, Fen

ner & Smith, Inc., 70 Pine St., New York, N. Y.

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Steere & Co., care of Girard Trust Bank, Trust Department, Box 7334, Philadelphia, Pa... Bost & Co., Boston Safe Deposit & Trust Co., care of Trust Department, 1 Boston Pl., Boston, Mass... Hartford Accident Co., Office of the Treasurer, Hartford Plaza, Hartford, Conn...

293, 000

288, 498

287, 561

286, 867

29-553 O-74 - 21

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IV. RETAIL

ACME MARKETS, INC.

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200, 000 119, 112 183, 804 183, 726

Map & Co., P.O. Box 26986, Richmond, Va.

Sloyan & Co., care of Manufacturers Hanover Trust Co., New York, N. Y.

Dengel & Co., care of Fiduciary Trust Co. of New York, P.O. Box 924, Wall Street Station, New York, N. Y... Cummings & Co., care of Chemical Bank, New York Trust Co., P.O. Box 1368, Church Street Station, New York, N. Y.

Pitt & Co., care of Bankers Trust Co., Box 2444 Church Street Station, New York, N. Y..

WISCONSIN ELECTRIC POWER COMPANY

180, 304 180, 037

MAY 31, 1972.

DEAR SENATOR METCALF: We have your letter of May 10, 1972, requesting certain information concerning the identity of the holders of our Company's common stock. As of December 31, 1971, there were 4,933,953 shares of common stock and 1,004,508 shares of preferred stock with voting rights outstanding.

Attached is a listing showing the identity of and the number of shares held by each of the ten top holders of common stock of the Corporation as of December 31, 1971.

If you desire further information, we have been advised by counsel that it will be necessary for you to comply with the requirements of Section 180.43, Wisconsin Statutes, which, in general, restricts access to such information to certain stockholders of the Company who present a written demand for the formation and who have a proper purpose for requesting it.

If you wish to discuss the matter further with us, please do not hesitate to let me know.

Very truly yours,

JOHN G. QUALE, President.

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DEAR SENATOR METCALF: This is to acknowledge your letter of May 8, 1972, together with an excerpt from the Congressional Record for Tuesday, April 25, 1972.

As of May 31, 1972 the total number of voting shares of the common stock of the Company is 3,487,358.

In regard to your request for a list of the top 30 stockholders of the Company, together with the number of shares held by each, this is to advise you that it is our policy not to disclose specific information concerning individual stockholders, as such individuals or organizations may consider their holdings as confidential information not to be disclosed to anyone without their consent unless required by some applicable statute. Without checking the stockholders list, we would assume that the vast majority of the 30 largest stockholders would be in street name or nominee, and generally speaking would encompass many individuals or organizations.

It is our belief there is no single, individual stockholder holding as much as 2 percent of the shares of the common stock of the Company.

I trust the general information herein furnished will serve your purpose. Sincerely yours,

JOHN R. PARK, President.

ALLIED SUPERMARKETS, INC.

MAY 23, 1972.

DEAR SENATOR METCALF: I am responding to your letter of May 8 addressed to Mr. Thomas McMaster, Chairman of the Board of our Company.

Please be advised that the total number of voting shares of common stock of Allied Supermarkets, Inc. outstanding at this time is 5,218,497 shares.

With respect to your request for a list of the 30 top stockholders of our Company, we regret to inform you that this information is considered to be confidential information and we do not feel that we are in a position to divulge it without the consent of the stockholders involved. We, of course, would like to cooperate with you in every way but do not feel we have the right to unilaterally disclose this information without the consent of the parties involved.

I trust you will understand the position which we find ourselves in regarding this matter.

Sincerely yours,

DAVID K. PAGE, Secretary.

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ASSOCIATED DRY GOODS CORPORATION

JUNE 8, 1972. DEAR SENATOR METCALF: We have your recent letter requesting information concerning our Company's stockholders' records.

With respect to your inquiry concerning the total number of voting shares of common stock as of April 14, 1972, there were outstanding 12,186,576 shares of common stock of Associated Dry Goods Corporation, which is the only voting stock outstanding.

With respect to your inquiry for a list of the thirty largest stockholdings in this Company and the amount of common stock each holds, it is our position that such information with respect to individual stockholdings is confidential information and that we have a fiduciary responsibility to our stockholders to protect this confidentiality.

It is our understanding that under the law of the State of New York, in which this Corporation has its principal office, and under the law of the Commonwealth of Virginia, in which this Corporation is incorporated, such information is available only to our own shareholders who in requesting such information must show that their request has a business purpose in the interest of the shareholder and the Corporation or upon the receipt of an appropriate subpoena.

However, your inquiry may be satisfied by our supplying you with a list of our thirty largest holdings without disclosing names and accordingly we have attached hereto a list showing the thirty largest stockholdings as of April 14, 1972.

Sincerely,

JOSEPH J. SCHUMM, Jr., Secretary.

30 LARGEST STOCKHOLDINGS AS OF APRIL 14, 1972

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BORMAN'S, INC.

MAY 17, 1972. DEAR SENATOR METCALF: This will acknowledge your letter of May 8, 1972 requesting a list of the 30 top stockholders in Borman's, Inc.

I read with great interest your April 25 remarks in the Senate which you enclosed with your letter. The reason stated by some of the corporations for not disclosing the information you requested raised a doubt in my mind as to the right of our Company, which is incorporated in Delaware, to voluntarily disclose the names of our stockholders and the amount of stock which they own, and I requested the opinion of counsel on this matter.

Counsel furnished me with the following statement from the opinion of the Delaware Court in the case of Allen v. Stewart, 7 Del Chancery 287:

*** The requirement that transfers of stock
shall be made upon the books of the corporation
can by no possibility be of benefit to any other
than a stockholder of the corporation
person
itself, for the simple reason that such transfers
are as secret and as private in their nature, so
far as the public is concerned, as would be the
private delivery of a stock certificate from the
pocket of one individual to that of another. The
books of a corporation are private. They are
not public records open to the inspection either
of the public or a creditor of one of the stock-
holders.

In view of this statement by the Delaware Court, our counsel is of the opinion that disclosure of our stockholders' records could be made only to stockholders and directors of our Company in the manner provided by Delaware law, or pursuant to a subpoena or similar process issued by a court or administrative agency.

It appears from your remarks that you are interested in the list of stockholders in order to determine who may control the company. In this context, our Company may be unique in that members of the Borman family own benefically over 600,000 shares of the 2,965,048 shares of the common stock outstanding.

Sincerely yours,

LAWRENCE KEON.

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In response to your request for information concerning our major shareholders, I am pleased to enclose herewith copies of our recent Proxy Statement and Prospectus.' I have marked both documents to indicate pertinent data regarding the Dayton family, other major shareholders and the total number of shares outstanding.

As you will notice from the enclosed, approximately family. No other single shareholder, according to our 44 percent of our outstanding shares are owned by one records, holds more than 5 percent of our stock.

I trust this will be sufficient for your purposes. Under our State laws, as we understand them, information in the possession of a corporation about its shareholders is confidential, except to the extent required to be disclosed for federal or state reporting purposes. Therefore, we do not believe we are entitled to disclose the information you require without the affected shareholders' consent.

If, despite the quite obvious principal holdings by noninstitutional owners, you still believe information about our top 30 shareholders is worth the time and effort it would entail, we are willing to write for consent from those not named in the enclosed and to send you such information as they may authorize us to disclose.

Unless we hear otherwise, we will assume this response is sufficient.

Respectfully yours,

Albert B. PERLIN, Vice President, General Counsel and Corporate Secretary.

Lind & Co., care of Irving Trust Co., Trust & Agencies
Department, 1 Wall St., New York, N.Y..
Roy B. Miner, 16600 Parkland Dr., Cleveland, Ohio...
Joseph A. Buscemi, 16111 Parkland Dr., Cleveland, Ohio.
Kingsley Boye & Southwood, 115 Broadway, New York,
N.Y

58,000 54, 636 51, 041

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50, 200 47, 656 46, 250

46, 250

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43,000

41, 490

Barnett & Co., care of Bankers Trust Co., Box 704, Church Street Station, New York, N.Y...

F. J. Haffner & Co., care of Cleveland Trust Co., Corporate Trust Department, Cleveland, Ohio..

40, 500

34, 200

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33, 992

Box 6210-N, Cleveland, Ohio..

30, 575

Pace & Co., Box 926, Pittsburgh, Pa..

30, 400

Oppenheimer & Co., 4 New York Plaza, 19th floor, New York, N.Y.

William K. Broder, 68 Central Ave., Sausalito, Calif.. Gracechurch & Co., 120 Broadway, New York, N. Y..

DAYTON HUDSON CORPORATION

39, 656

26, 500 25, 469 23, 798

MAY 31, 1972.

DEAR MR. METCALF: Your letter of May 8 to Mr. Kenneth Dayton, President of Dayton Hudson Corporation, has been referred to my attention.

FEDERATED DEPARTMENT STORES, INC.

MAY 18, 1972.

DEAR SENATOR METCALF: In response to your letter of May 8, the total number of voting shares outstanding at our last published balance sheet date, January 29, 1972, was 43,966,031 shares. We regret that we are unable to furnish you with the list of the top 30 stockholders of our company. We believe this is confidential information. Our responsibility to our stockholders, in our opinion, requires us to restrict the dissemination of stockholder information except as required by law. The holdings of certain officers and directors are a matter of public record and are disclosed in our annual proxy statement, a copy of which is attached.1

We can tell you that our largest single shareholder is the trustee of our retirement plan for the benefit of some 20,000 of our employees. We are also in a position to advise you that our 30 largest stockholders, exclusive of treasury shares and shares held by the trustee of our retirement plan, are for the most part nominees and trustees and the total of these holdings is approximately 24 percent of the total outstanding common shares. Nominees and trustees represent a variety of investors, such as estates, mutual funds, trusts and so forth. For the purposes of convenience, such holdings are frequently consolidated into one or more nominee accounts.

We hope that the information provided above will be of help to you.

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