§ Mr. Beaneyasked the President of the Board of Trade how many companies resident in this country are now owned or controlled by United States of America companies; and what is the estimated value of the net assets of these companies, their annual sales and number of employees, distinguishing the different categories of manufacturing, oil, trading and other companies.
§ Mr. DarlingAbout 1,650. Annual sales and employment figures are not as yet available. Estimates of the book values of net assets at mid-1967 are as follows:
U.S. investment in £ million Manufacturing 1,310 Distribution 160 Other industries 70(a) Oil 420(b) Total 1,960(a) (a)Excluding banking and insurance. (b)Estimate for end- 1966 made by Department of Commerce.