3d Session

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

Printed for the use of the
Temporary National Economic Committee

UNITED STATES
GOVERNMENT PRINTING OFFICE

WASHINGTON: 1941

Alternates

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

SURVEY

MONOGRAPH No. 30

OF SHAREHOLDINGS IN 1,710 CORPORATIONS WITH SECURITIES LISTED ON A NATIONAL SECURITIES EXCHANGE

BY

HELENE GRANBY

II

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.

III

LAW LIBRARY

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