Time Clock, Jul. 11, 1960

TOP TEN COMPANIES in U.S. last year, according to FORTUNE survey, were, in order:

General Motors

Standard Oil (NJ.)

Ford Motor

General Electric

U.S. Steel

Socony Mobil Oil

Gulf Oil

Texaco

Chrysler

Swift

First seven places were the same as 1958, but Texaco moved up to eighth spot from ninth last year. Chrysler rose to ninth from eleventh and Swift dropped to tenth from eighth. Western Electric, tenth in 1958, was eleventh last year. FORTUNE found sales of 500 largest firms rose to $197.4 billion, up 11.6% from 1958, with profits up 25.1% to $12 billion.

STEEL-SHARES OFFERING to private investors to complete denationalization of British steel industry will soon be sold by...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!