Buckley, James L., U.S. Senator from the State of New York. Burnham, Donald C., chief executive officer, Westinghouse Electric Corp. George Shultz, Secretary of the Treasurer. John T. Dunlop, Chairman, The Cost of Living Council; accompanied James H. Sammons, chairman of the board of trustees, American Medical ALPHABETICAL LIST OF WITNESSES Adams, F. Gerard, professor of economics, University of Pennsylvania.. Adamy, Clarence G., president, National Association of Food Chains. - Ahlbrandt, Roger S., chairman and chief executive officer, Allegheny Belk, John M., chairman of the board, National Retail Merchants Associa- 413 413 668 696 Byrd, Dan M., Jr., vice president and general counsel, Spring Mills, Inc.- Carey, Charles J., president, National Canners Association. - Crittenden, Wiley, president, American Nursing Home Association_ Dunlop, John T., Chairman, Cost of Living Council... Eckstein, Otto, professor of economics, Harvard University-- Grayson, C. Jackson, Jr., dean, School of Business Administration, South- 173 Keeney, Eugene A., president and chief executive officer, American Retail Kenna, E. Douglass, president, National Association of Manufacturers.. 284 362 345 Schweiker, Richard S., U.S. Senator from the State of Pennsylvania. Stinson, George A., chairman of the board, National Steel Corp. Theodore, Chris N., director, division of health services research and Thomas, O. Pendleton, chief executive officer and chairman of the board, Weber, Arnold R., dean, Graduate School of Industrial Administration, Walker, Charls E., president, Charls E. Walker Associates. Wenning, Thomas F., associate general counsel, National Association of 46 20 362 Alabama Crushed Stone Association, Inc., letter from Clinton L. Adams, Aluminum Co. of America, letter from John D. Harper, chairman of the American Apparel Manufacturers Association, statement received for the American Farm Bureau Federation, statement presented by John C. Datt, director, congressional relations.. American Frozen Food Institute, letter from Thomas B. House, president. American Hotel and Motel Association, letter statement from Arthur J. Packard, chairman, Government Affairs Committee__ American Iron and Steel Institute, letter from Ed Lally, assistant vice president, public affairs, with accompanying analysis on the ability of the steel industry to finance pollution control equipment......- American Meat Institute, statement reviewed for the record. American Retail Federation, letters to Cost of Living Council. ARMCO Steel Corp., statement received for the record_.. Associated General Contractors of America, Inc., letter from Joseph A. F-Comparison of Industry Profits... H-Construction Industry Stabilization Committee Policies in 1973- Q-Economic Distortions Induced by Price Controls.. R-Legislation Impacting Economic Stabilization Program.... S-Price Changes by Industry Concentration__ T-Projections of 1974 GNP Ďeflator.... Florida Steel Corp., letter from Edward L. Flom, president.. Galbraith, John Kenneth, Harvard University, letter to Senator Jackson Illinois State Chamber of Commerce, letter from Lester W. Brann, Jr., Lykes-Youngstown Corp., statement of Frank A. Nemec, president__ Machinery and Allied Products Institute, statement and letters from National Crushed Stone Association, letter to Cost of Living Council, National Protestant-Catholic Hospital Action Committee, statement of O'Neal Steel Inc., letter from Hugh H. Williamson III Palmer, A. L., Sr., employee, Baptist Medical Center, Birmingham, Ala., Republic Steel Corp., statement of William H. De Lancey, president... Wall Street Journal, reprint of article by C. Jackson Grayson, Jr. Page 719 785 733 733 733 142 733 85 842 705 161 734 CHARTS AND TABLES Additional funds available for investment assuming a steel price increase of $10 per ton, 1973-83.. 83 Air and water pollution abatement capital investment requirements, 1973-83_. 77 Allegheny Ludlum Steel Corp., commodity cost comparison. Capital investment required to expand steel capacity, 1973–83.... 76 Capital investment required to replace capacity shut down as a result of pollution abatement costs-- Contribution of increases in intensity of services and method of provision to increases in case cost (COLC estimates). 77 404 CPI plus hospital service charge comparison- 402 270 Estimated production of steer and heifer beef under Federal inspection.. 752 74 82 Financing pollution abatement investment assuming no capacity expan- 81 83 Firms asserting that consumers will pay more for products they purchase because of controls. 312 Firms forced to modify production and marketing plans at the expense of serving customers because of wage and price controls... 312 Firms having adverse effects in normal business practices as a result of controls.. 311 Firms having adverse effects on earnings due to controls. 313 Firms postponing or cancelling planned increases in capital outlays due to controls. 314 Firms suffering harmful distortions or financial damage because of controls.. 316 Gross margin trends. 379 Inflation forecast in historical perspective. 4 Inflation rate-percent change in GNP deflator, 1974/1973 8 Inland Steel Co., charts accompanying testimony. 777 Net funds available for investment from increased output, 1973-83 81 1973 percent increase in selected components of the consumer price index.. 1973 stock market averages. 371 384 Number of cattle and calves placed on feed and marketed 750 Derating margin-Community hospitals_- 405 Page Per capita beef consumption – 753 Percent increase-Case cost and E/APO........ Percent increase in consumer price index for selected items (1970-73). 401 403 321 Pigs raised versus commercial hog slaughter_ Principle influencing factors to which shortages are attributable_ Projected stainless steel demand, 1980. 749 297 74 278 Return on investment (ratio of net income to stockholder's equity plus long-term debt) _ _ _. 58 Sales and profits on sales in the textile industry, 1965-73 356 Stainless steel monthly activity. 277 Steel industry funds available for investment assuming contract prices and no capacity increase, 1973-83_ 80 Steel industry profits.. 805 Store payroll (percent of sales) 380 Textile industry investment in new plant and equipment_ 356 Total capital expenditures for integrated steel producers, 1973-83 78 Total capital expenditures for new capacity, 1973-83.. 76 Total net cash outlays for integrated steel producers, 1973-83_ 79 357 Wholesale price index___ 276 Wholesale price indexes for raw cotton, raw wool, and textiles, 1971-73_. 357 357 |