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...