HC Deb 24 October 1973 vol 861 cc546-7W
Mr. Skeet

asked the Secretary of State for Trade and Industry what he estimates to be the current market value of the assets of the three largest firms in the machine tool industry.

Mr. Anthony Grant

The current market value of assets is not available. The estimated market value on 17th October of the ordinary shares of John Brown was £24 million, of Alfred Herbert £7 million, and of B. Elliott £6 million. The information given in company accounts suggests that these are the three quoted companies with the largest sales in the industry.