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National Steel co. American Tel.phone & Telegraph Co .. International Harvester co. Westinghouse Electric Union Carbide & Carbon Co. Consolidated Edison Co. Allied Chemical and Dye Chrysler Corp. National Lead Eastern Airlines International Business Machines American Airlines International Nickel Co. McDonnel Douglas Aircraft Corp. Internatio'!al Paper Corp. Southern Railway Consolidated Coal Co. Southern Pacific Behtelem Steel Co. Radio Corporation of America 20th Century Fox Corp. et al.

THE ROCKEFELLER FAMILY

Financial Participations Standard Oil Co.1 New Jersey) Socony Mobil Oil Co. Standard Oil Co. of California Reaction Motors Standard Oil Co.1 Indiana) Horizons, Inc. Atlantic Refining Co. Flight Refueling Ohio Oil Co. / Texas Co. Piaseki' Helicopter Humble Oil. Refining Co. Airborne InSTrumenTS Ethyl Corp. and numerous Aircraft Radio subsidiaries I Production.

Caltex Pacific Petroleum El!o:...... CG'm llanles in: Standard·Vacuum 011 Co. (Sumatra) Caltsx·subsldlaries West Germany France. Creole Petroleum Corp. Standard Oil Co. of British Netherlands New Guinea Petroleum Italy.the Netherlands. International Co. Columbia Belgium and Switzerland et al. Trinidad 011 Co. Texaco Exploration et al. Near East Mobll.Companles in: Richmond Oil Co. Arabian American Oil Co.IAramco) West Germany. Great Britain. Venezuela Gulf Refining Bahrain Petroleum Co. of Iraq Ireland. Spain. France. E 550· .Mobll·. Texas·subsidiaries Petroleum Co. Denmark ••t al. In almost every country. Iranian 011 Participants. et al. Caltex I California· Texas) In:

© 1974 EIR News Service Inc. All Rights Reserved. Reproduction in whole or in part without permission strictly prohibited. A BriefFor Co.,_re ..s....s ______

Rockefeller's Financial Empire

large number of institutions. What makes the Rocke­ r.: rNTRODUCTION feller family and its associates - the most significant of whom are the royal family of the Netherlands, the owners September 2 (IPS) - In the New York Times and of Royal Dutch Shell; the historic Morgan interests, Washington Post, attempts already are in progress to which no longer can be identified as a family group; and downplay the significance of Nelson Rockefeller's the Mellon interests, to which the s ame description financial holdings. These proceed along two lines. First, applies - is their ability to use their combined leverage he is portrayed as "one of the poorer Rockefellers." throughout the world to dictate the main lines of Second, it is alleged that his primary goal is not to enrich financial activity. himself further, since he is entirely content with his This leverage is of the following principal types: holdings. These are estimated at well under half a billion • Board of director interlocks. • dollars, an impressive but not overwhelming figure when Equity control or influence. • compared with -the Hughes, Gettys, and Arab oil Historical family connections� sheikhs. • Collaboration in joint ventures. The lie in this modeo f presentation is not a question of EquityControl falsification of Nelson Rockefeller's personal holdings. The 1968 Patman report, which listed the equity On the contrary, the question to be raised in the process voting rights of leading banks in the country's major of confirmation hearings is the manner in which the corporations, shows that the pattem of equity holdings Rockefeller family's financial and political connections by the trust departments of the major Rockefeller and operate in sU'ch it way as to achieve a single set of agreed­ related banks involves holdings of between four and upon goals. No competent judgement of Nelson Rocke­ eight per cent of quoted companies, or, in general, the feller's financial position can be made without viewing minimum necessary to exercise leveraged control over this web in its totality. these companies. Thus, the assets of the Rockefeller The actual significance of the well-known Rockefeller family and its allies are deployed' to obtain the maximum family holdings, including controlover the widest possible area, in th� san:" WAJ an Chase Manhattan Bank and , the old Standard Oil companies is not their mere cash army is deployed to control the widest possible territory value, but their role as nodal points in a world financial with a limited number of troops. Thus, the chart repre­ empire. At this moment in history, all world finance of senting the major holdings of the Rockefeller family - significance is controlled by this empire. This statement only a partial list, since it excludes the trust holdings of is not alarmist; it has become true within the ,past 90 First National City Bank owned by the Stillman-Rocke­ days. [See "The New York Banking Conspiracy," special fellers, as well as Morgan Guaranty Trust - indic� a IPS report prepared by the U.S. Labor Party. ] The financial empire extending many times beyond the mere structure of the Rockefeller financial holdings has made cash value of members of the family. this development possible. Boardof Director Iaterlocb The actual web of financial control is centered on eight major banks in the city of New York. Strands extend Between 1968 and the present, the dependence on from there to the banking center of Chicago , the City of external financing of corporations has more than London; Montreal and Toronto; to friendly banks in doubled, increasing the voice that banks have in West Germany; to a fmancial network throughout the managing their affairs. Board of director interlocks, as a underdeveloped world; and, through close personal and general rule, reflect a r egular customer relationship historical connections, to leading tntemational insti­ between a bank and non-fmancial corporation, if not a tutions such as the World Bank, the International stronger connection such as equity control. While there Monetary Fund, and various national central banks. are few direct interlocks between the major banks, there Given the scale of necessary0 financing for current is a web of third-company interlocks between Chase needs, it ls impossible for any single bank to match itself Manhattan Bank, First National City Bank, Morgan to a major customer. Indeed, leading financial develop­ Guaranty Trust, Chemical New York Bank, ments are necessarily the fruit of collaboration among a Manufacturers Hanover Trust, Bankers Trust, Irving,

IPS3f Trust, Bank of New York, First National Bank of . mining world financial policy. Robert M�Namara of the Chicago, the Continental Illinois �ational Bank, and World Bank was President of the Ford Motor Company Marine Midland Gr�ce Trust. Through this web, policy in 1960; and between 1963 and 1968, he filled the shoes decisions can be communicated which determine the of John J. McCloy, former Ford Foundation President, general activity of tJ. S. bu�iness as a whole. as well as chief executive of Chase Manhattan Bank and present legal counsel to the "seven sisters" oil com­ HIstorical Famlly Connections panies. Johannes Witteveen, the present chief executive of the International Monetary Fund, is a member of the While there are only m�nimal financial connections board of directors of UnUever, the Anglo-Dutch multi­ between New York's' tWo hl�gest banks, First National national whose principal stockholder is Prudential Life City and Chase Manhattan, the historical connection Insurance, a domain of the Morgan interests. Former .between the Stillman-Rockefellers (the leading stock­ finance minister and present West German Chancellor �olders in the former) and the Rockefeller family (the Helmut Schmidt is a member of the Rockefeller-funded 'leading stockholdersQf�Chase Manhattan), provides an Council on Foreign Relations, as is British Home Secre­ .element of simultanepus control to the same elite. This tary Roy Jenkins. British Chancellor of the Exchequer continues despite the show "competition" between the Denis Healey collaborated with Schmidt and former two, which on lower levels - e.g., bidding for City of Canadian Premier Lester Pearson in NATO's elabora­ New York bonds - is certainly "legitimate." tion of the "flexible response" strategy. Guido Carli, the' These connections areo. especially significant with governor of the Bank of Italy, is a longtime close per­ respect to lDvestment banking, where the most presti­ sonal friend of David Rockefeller, according to the gious houses - Goldman Sachs, Lehman Brothers, Chase Manhattan Bank's public relations personnel. Brown Brothers Harriman, not to" meJltipp Morgan David Rockefeller himself is a "Class A" director of the Stanley or Lazard - are linked' historlcally through at Federal Reserve Bank of New York. the 'branch of the least three generations of family connections to the Federal Reserve System responsible for international Rockefeller interests. There are, apart from this, excep­ financial policy. , tional cases of direct links. Robert V. Roosa of Brown Bros. Harriman is a Trustee of the R4kkefeller Founda­ tion, and Andre Meyer of Lazard is investment banker CapabWtyfor Conspiracy tor the Rockefeller family. But the critical point of con- Thus, the netWork for conspiratorial direction of the 1:101 is the old relationships between the Schiff, Loeb, world economy unquestionably represents a capabWtyin Kuhn, Haniman, and Rockefeller families. the Itands of the Rockefeller interests. In the bri ..f en­ titled "The New York Banking Conspiracy," the �T S. Joint Ventures Labor Party presented to members of Congress and the This·is primarily a means of, control in the sphere of Just.ice Department assembled evidence of the }'u!"Uc , internatibnal banking and corporate activity. FOl record tliaUhe last months' events in the financial world example. th�rion: group of banks in London is Owned bore the clear marks of conspiracy. We argue that the ' jointly by CfiiJl,e Manhattan, the British N�tional West- " criminal act itself, the motive, and the capability are . minster Bank, the Mitsubishi Bank of Japah, the West­ available for Congressional investigation. It is the ' deutsche Landesbank Girozentrale of West, Gern:tany, responsibility of the Congress to employ its investigative ' the Credito Italiano of Italy, and the RQyal Bank of powers to establish whether a member of the Rockefeller Canada. The same banks are the stockholders' of the family, with respect to this pnlbbln aryevidence, is suit­ Libra group of banks, which specializes in lending to able for the Vice-Prssidency of the United States. South America. These bank& are the · single largeSt operators in the Eurodollar market/tHe 5185 billion pool of funds consisting of offshore dollar �osits. More generally, careful study of the "tombstone" n. AMERICANBANKING advertisements of international loans shows that the same group of international banks regutUly appears as The New York-Chicago banking fraternity now ac­ the core of contribut� to syndicated Eurodollar credits, counts for approximately 70 per cent of all bank lending' i.e., loans which are divided between as many as one­ , to commerce and industry in the United States. Only six hundred �anks to prO�de,a very large sum, often in the months ago, its proportion of the total was closer to 40 . hundreds of millions of dollars, for a �gle borrower. per cent. The process by which this occurred is detailed Beyond the banking and corporate' connections, , in "The New York Banking Conspiracy." What concerns personal relationships between financial officials and the us here isa better definition of this fraternity. An indica-' Rockefeller interests are of major siguificance in deter- tion of its power is given by the following table:

·IPS 32 TABLE A

Name of Bank Companies per bank Interlocks per Bank Comp... .. bank

Morgan Guaranty 233 251 270 Chase Manhattan 193 208 158 Bankers Trust 224 259 109 Citibank 167 188 229 Manufacturers Hanover Trust 200 257 132 �hemical Bank 278 326 67

Total: 1,295 1,489 965

(Source: Commercial Bank and Their TrustActivities, Subcommittee on Domestic Finance, House Banking and Currency Committee, 1968.)

As of 1968, total trust holdings of these banks refers to a compact and highly coordinated team of' amounted to approximately $65 billion, or more than financial institutions. In addition to the New York one-tenth of all outstanding equity on the American group, there is significant penetration of the leading markets. banks of Philadelphia, Chicago, and Boston. Of these six banks, two are related to the Morgan First National Bank of Ch!cago is, historically, the interests: Morgan Guaranty and, the Bankers Trust, banker to Standard Oil of Indiana, which in tum has created by J.P. Morgan before the turn of the century as close director interlocks with Chase Manhattan and a "�entral bank" for the financial institutions of Wall 'large stock holdin� by both the Rockefeller Foundation Street. Three are related to the Rockefeller interests: and the Rockefeller Brothers Fund. Continental Illinois Chase Manhattan, whose chairman of the board and has numerous third-company interlocks with the New chief executive is David Rockefeller; First National City York banks and Rockefeller-owned companies. Harris Bank, through the Stillman-Rockefellers; and the National Bank and Trust during the early 1960s shared a Chemical Bank, which is controlled by the Rockefeller director with Chase Manhattan Bank, Sen. Charles family interests in cooperation with other leading Percy, as well as director interlocks with Standard Oil of families, including the DuPonts and Mellons. Two other Indiana. significant New York banks, Irving Trust and Marine The two leading Philadelphia banks, Girard Tf'�::': and Midland Grace Trust, adhere to the Morgan and Rocke­ First Pennsylvania Bank and Trust, are related to' the feller groups respectively. Morgan interests. Thetype of interconnection between these interests is oUCoatloi illustrated by the following table of stockholden in the largest New York bank, Fint National City (Table B). The control of thls banklDg apparatus over industry Taking the New York banks as a group, the Patman bears mention. Appropriate information is not available report provided the accompanying table of their mutual universally about the control of the top oil finns. But stockboJdinp, indicating a very high deane to inter­ Rockefeller control, in some cases shared with the penetration. (See foldout Table C) Morgans, is indisputable. Given this information, there is absolutely no question The Temporary National Economic Committee in the that in speaking of a New York banking fraternity, one 1930s reported that of the stock of Standard Oil of New

TABLEB First National City Bank of New York 4.01 per cent Morgan Guaranty Trust 2.72 percent iJ. Chemical Bank New York Trust 0.84 per cent Bankers Trust 0.73 percent (Presumably in trust for the Stillman-Rockefellers) Philadelphia Banks 1.54 per cent James Stillman Rockefeller 0.01 per cent George F. Baker, Jr. 0.09 per cent under of the Mora.... RobertWinthrop 0.31 per cent Total control 5.08 per cent Charles C. Parlin (head of Shearman and Stirling, the law firmwith power �f attorney for the Chase Manhattan Bank 1.90 per cent Stillman-Rockefeller holdings) , 0.02 per cent Total eontrol of StIUman·Rockefellen 5.19 per cent [Source: Ibid.]

IPS 33 Jersey, now Exxon, the Rockefeller family owned 8.7 per capital into Asia; 13.77 per cent owned by Chase Man· cent, their foundations 4.8 per cent, the Harkness hattan. National Westminster, the second-largest Family 4.3 per cent, and Standard Oil of Indiana 6.7 per clearing bank, owns 9.8 per cent. cent. The Chase Manhattan Bank, whose energy depart­ • Wm. Brandt and Sons: Leading merchant bank, ment is known in financial circles as the most sophis­ owned 60 per cent by First National and Grindlay's ticated in banking, remains the firm's chief bank. Some (which in turn is owned 55 per cent by the clearing bank finarice and directors, however, are provided by the Lloyd's, linking Lloyd's to First National City Bank), Morgan allies. and 40 per cent by First National City directly.

Mobil Oil (Standard Oil of New York) is more closely • Schroders Ltd: Member of the board of directors is allied to the First National City Bank and Bankers Trust Kissinger associate Paul H. Nitze, former U.S. Secretary in operational terms, although about six per cent of its of the Navy and longtime associate of the Rockefeller stock is owned by the Rockefeller family and 0.7 per cent. family. is owned by the Rockefeller Brothers Fund. In the case of • Samuel Montagu: Leading merchant bank. Chief Standard Oil of California, the Rockefeller family holds executive David Montagu replaced John Haley of Chase five per cent of the equity. SOCAL, in addition, Manhattan as chief executive of the Orion bank in maintains close links with the First National City Bank October, establishing a direct family connection. of New York. In combination, the Rockefeller Foun­ • Morgan Grenfell: Leading merchant bank with dation and the Rockefeller Brothers Fund control especially strong Mideast connections. 31.67 per cent slightly less than three per cent of the equity. Apart from owned by J.P. Morgan Overseas Capital Corporation, its director interlocks with the First National Bank of with "important links" to Morgan Guaranty Trust, Chicago and Harris Bank and Trust, Morgan Stanley is according to Jane's Guide. its leading investment banIs.:. All four top clearing banks have strong Rockefeller In addition to the Rockefeller holdings in petroleum, connections: Gulf Oil is the Mellon's domain, and Atlantic Richfield • National Westminister is a shareholder both in is the Morgan oil company. Orion group and Standard and Chartered, dominated by Chase Manhattan. • Barclay's the largest clearer, holds 30 per cent of the ill. INTERNATIONAL BANKING Anglo-Romanian Bank, in which Manufacturers Hanover has a 20 per cent stake. The City of London banking community, which en- . • Miclland Bank owns 4.50 per cent of the Standard compasses more than half of the $185 billion Eurodollar and Chartered Bank, in collaboration with Chase and market, is recognized internationally as the second world National Westminster. finan�i",lcenter after New York City. Broadly speaking, • Lloyd's role in National and Grindlay's is mentioned two categories of banks define the City's activites, the above. clearing banks and merchant (investment) banks. As a In addition, the Rothschild interests own 10 per cent group, the four top clearers .. . Barcla�'s. Lloyd's, of Manufacturers Hanover Ltd., 75 per cent of which is National Westminster, and M idla n d , h,,'ve almost as owned by Manufacturers Hanover. Baring Brothers, the much financial muscle as their New 'Y ork cousins. The leading merchant bank, has a 20 per cent stake in the merchant banks, which under British banking law London Multinational Bank, which Chemical Bank (unlike American) are permitted to engage in normal dominates with a 20 per cent holding. banking activities, specialize in investment banking, consultation, and trade finance. As arrangers of in­ American Subsidiaries in London ternational syndicated loans and Eurobond placements, the influence of such merchant banks as Rothschilds Apart from the "British" banks proper, which gained Intercontinental, '. Schroeders, Hambros, and Barings international reputation through the growth of the Euro­ extends far beyond their balance sheets. dollar market and the financing of multinational com­ From the standard reference work, Jane's Guide to panies during the 1960s, the leading American banks European Companies, the following connections are maintain their own subsidiaries in the London financial available between the New York banking group and the center. City of London: U.S. banks with offices in London include Chase • National and Grlncllay's: Commercial bank with a Manhattan, Citicorp International Bank, Manufac­ huge network throughout Africa in former British turers Hanover, Bankers Trust, Morgan Guaranty, colonies, 40per cent owned by First National City Bank. Chemical Bank, First Boston Europe (First Boston is a • Standard and Chartered: Merger of two banks in Rockefeller-Mellon owned investment bank), and many 1968 representing the greatest penetration of British smaller offices. It has been estimated that Chase Man-

IPS34 hattan Ltd. alone is one of the 30 largest banks in the doubled between 1970 and 1973: mainly as a result of the world. increase in U.S. dollars in circulation.) Following the international banking tremors provoked The Arabs, in turn, had spent years negotiating oil by the collapse of West Germany's Herstatt bank June price increases partly because they felt that increases 26, the great bulk of Eurocurrency business has been were necessary due to the inflated dollars in which they restricted to 25 or so top international banks, according were paid. According to Morgan Grenfell's, the decision to the estimate of Terry Robards in the August 21 New to launch the "oil crisis" was made by Harvard-trained York Times (an estimate which appeared weeks earlier Sheikh Yamani, the Saudi Minister for Oil and Natural in New Solidarity). While no precise figures are avail­ Resources. King Faisal, whose mind is not well attuned able, it seems unquestionable that the banks listed above to the twentieth century, confirmed the decision partly now dominate the S185 billion Eurodollar market with out of concern fo Saudi dollar reserves, and partly out little competition. In particular, the London Economist of sincere commitment to Jihad against Israel. cites Morgan Guaranty, Chase Manhattan, and First According to numerous press reports, Chase National City Bank as the main recipients of Euro­ Manhattan Bank is the leading financial advisor to the currency deposits during the last month. Saudi Arabian monetary agency, just as First National City Bank is advisor to the Kuwait equivalent. As noted above, the principal beneficiaries of the oil crisis - which drew an amount roughly equaJ to 2.5 per cent of one year's wage bill of the industrialized countries IV. IS THIS A CONSPIRACY? - have not been the Arabs and other oil producers, who, on their own, are literally incapable of spending We have shown that the Rockefeller interests may be their oil revenues. The two principal beneficiaries are the quantified as a share, unquestionably the largest share, large international banks, who have received the use of a . in a financial apparatus which has a determining in­ very large proportion of the total revenues, and the large fluence in control of U.S. equity, and in doliar­ oil companies. The oil companies increased their profits denominated finance throughout the world. In addition, on at least two accounts: first, through inventory profits this group maintains control of critical sectors of the during the fourth quarter of 1974, based on purchase of nation's economy. oil at the old price and sale at the quadrupled price; and second, through the huge increase in their turnover The question remains, has this capabUity been put to I resulting from the higher oil prices. In addition, major conspiratorial use? . oil companies are under investigation and in some cases The overwhelming circumstantial evidence is that it indictment in almost every industrial country for con­ has. The Intelligence division of the National Caucus of spiracy to fix prices and other violations of monopoly Labor Committees received this report of the oil crisis legislation. The answer to the oft-repeated question, from the chief economist of Morgan Grenfell's in "Who benefits?," can be only the Rockefeller family and London, Oecember 1973. According to Morgan related interests. Grenfell's, which specializes in Mideast finance, the In passing, it should be added that Mr. George decision to embargo oil shipments and later to raise oil Schultz, the agent provocateur of the. oil crisis, is now a prices on the part of the member nations of OPEC was Vice-President of the Bechtel Corporation, the nation's motivated in large part by statemt:nts made by Treasury (and perhaps the world's) largest· privately-owned SecretaryGeorge Schultz during August and September. corporation, a major contractor for the Central In­ At the August meetings of the Committee of Twenty on telligence Agency in South Vietnam and elsewhere. International Monetary Reform, and later at the Nairobi (Former CIA director John McCone was a founder). annual co�ference of the International Monetary Fund, Stephen D. Bechtel Sr. is a member of the Board of Treasury Secretary Schulz proposed that the "excess" Directors of Morgan Guaranty Trust. dollar reserves of countries be frozen, i.e., put into This huge financial and political capability, rather; unspendable acounts, in order to brake the increase of than Mr. Nelson Rockefeller's personal cash worth,! international liquidity. (The world's money supply should be the subject of Congressional investigation. i

[This is the flnt of a series of documentary reports being prepared by the U.S. Labor Party to be entered as evidence against Nelson Rockefeller's nomination for Vice President of the United States.]

IPS 35 TABLE

Stockholder li.a '"

0 ..Manbet_ Blat M.A. PIrR NatiOD8l City BaDk BUlk holcJlqI&oot -

I_ I_ p-* 1_ 1966 Perceat "'1. iD_ - - l -1 C .... MaD.b_.BUlk N ..A..•• • ______•••• 0 2.80 12;.7' L. LID .. 8 2. 1.12 1.87 PIrI& Natlcmal Cit)' Bank.______••• ______•• a, �OI '-. &.2 2.00 MaD� Baov. TraIt 00....______••••______••••• _ •• 1.16 "0 1... 2.00 ...

1..37 - 1'" Cham1cal BUlk N... Yn TraIt 00______•• ___ . ...------.M 2.26 - 3.18 II .... O'QM'8D'tJ'Co. TfII8t __ • ______a.. 1.. 1 2.72 a.. &. 1.70 1tMU B� TfII8t______Co.. • ____ .n •• .71 1..90 ��---.------.----.---- 8.14 12.G a. 11.5 15.91 a.

I Includea holdiDpof banknomi nees.

...1

Ohua IIIIDbMtm BaDkN.A.. :rlIK N .... ctaJBeak II-lacturanlIIi

BaDk holdtnlltock Sole 'fOtlDc ParUalvoting 80lewtIDI PaRIalwUDI Sole votiDI rIP" rlPt rich" rIP" rights .

Sbani Peraaat Bu. Peraaa t Shares Peromt SbMII Percent Bhans P-' .

168,181 110,086 77, 127,681 0.11 Cbue Manhattan Bank N.A.______9,4M 0.06 o.n 0.153 . 0.37

.14 111 3 .11 ------139,t27 . I'lrIt NatIcmal Olb' Bank______37,611 ,77 ------U

_- - - __ 11,_ .13 ------_. .38 1IaaofacturerI HanoverTrust CO ____ 82,- .211 ------'7,739 .11 .16 lIO,868 lIO,167 .65 Morpn Guaranty TraIt 00______14,814 41,- .ta 13,133 .M �. 19,789 .16 Chemical Bank NewYork TruR 00___ 82,8M .26 M,1lI .73 M,386 .39 92,333 .70 . 14,386 .18 168 37,lU .B 8� Trust 00______80,- .M ... " 83, .36 141,178 16'1,774 1.68 3.17 Total______1.. 08 620,- 8.21 •• 212,818 -.668 tJ1'Mflg 6 largest New York banks 1

Percent Interest In-

Manufacturen Haaover Trust Chemical Bank N.., York Morgm Guaranty Trust Co. Ballten TrustCo. Co. Truat Co.

1962 1966 Percent 1912 1_ Percet 1912 1_ Percent 1962 1_ Perceat iller .. IncreMe . Increase Inenaae

.

o.M 1.06 kO l.rr 1.00 31.6 aN 1.65 73.6 1.77 1.33 -ao

1.01 ------.98 1.7& 81..1 • • 1.32 33.3 1.71 2.30 21.4

- &10 7.37 9. 9 1.17 2.26 tILl 1.68 1 •• 16.1 I.U 2•• MoO

,,; .-. ------.41 ------3.. 5.71 '''.6 ------l.ot ------La 2.02 as

1.32 2.20 66.6 1 • • "11 217.6 6.61 7.76 17.2 6.14 "81 -16.3

.99 1.33 36.3 .81 . ,., -80.8 .67 1.2' 85.0 6.10 &21 61.' 12.07 12.41 2.8 Il.M 16.. 68.1 10.90 16.00 37.6 17.'7 21.02 20.1

Bomce: 1962 data trom "Chain Banking," U.S. House of Representatives, 88th Colli., 1st sell., Com­ mlUee on Ba.nkiD8 aad Currency, Apr. 16, 1963; 1966 dMa developed by stat! of House B8Dklng and CUr. I'eI1C7 Committeelro.m lnb'mationsubmi tted by banta.

�, .. Ii,," among 6 largul NBtIJ York banb (II oj Mar. 1, 1966 . r

[aDoTel'Trost Co. Morpn Guaranty Trost Co. ChemicalBank New York Trust Co. Ballten Trost Co.

Partial voting Sole votingrights Partial voting SolevotlnC rights Partial voting Sole votlncrights Partial votlDc rights . rights rlcbts rtchta

-

t Shares Percent Shares Percent Shares Percent Shares Percent Shares Percent Shares Percent Shares Pereaot

188,077 0.90 187,505 0.89 1�,151 0.65 ------250,li66 1.20 122,337 0.58 74,721 0.36

259,972 .98 496,723 1.86 182,879 .0 ------332,237 1.26 1'7,11' .65 106,118 .to

187,491 1.50 6,671 .05 68.� .46 283 ._--.--- 11,� .W 2,i'lJ .02 ... .50

81,857 .90 170,_ 1.87 116,383 1.28 -_._------_._- 12,_ .80 8,407 .1' ... .Ii

116,800 • 89 13,383 .10 74,596 .57 ---_ ...._------.... _- 436,658 3.32 1.721 •• ,,411 .45

96,391 1.06 16,448 .17 68,616 • 70 ------151,101 I .• 4,011 .0& 65.- .ft -

930,588 6.23 889,718 "94 636,7. "to 283 - --,- ---- 1,264,176 &32 287,620 1.10 8,766 1.65