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FOREIGN DIRECT INVESTMENT
IN THE
UNITED STATES
1987 Transactions
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U.S. DEPARTMENT OF COMMERCE
International Trade Administration
December 1988
FOREIGN DIRECT INVESTMENT
IN THE UNITED STATES
1987 Transactions
U.S. DEPARTMENT OF COMMERCE
International Trade Administration
Trade Information and Analysis
Office of Trade & Investment Analysis
December 1988
FW a l t fcy th» SapTinttnibwf of D r a w M * U A Oow n m i X Printiig Q f l h
mmt u n &m, D C. 20402
PREFACE
This report covering 1987 is one of an annual series of publications
on foreign direct investment transactions in the United States. The
reports have been prepared by the Office of Trade and Investment
Analysis and its predecessor units, the Office of International
Investment and the Office of Foreign Investment in the United States.
Listings of individual foreign direct investment transactions in the
United States are especially useful to government and private sector
analysts needing information on the investment activities of
prominent foreign firms and individuals in the United States. This
publication is the most comprehensive of its kind— it incorporates
information from a wide variety of public sources and efforts are
made to verify the timing and terms of completed transactions.
The transactions listings are arranged by the primary industrial
classification of the U.S. company owned/controlled by foreign
investors (Appendix A), by source country of the foreign investors
(Appendix B), and by state location of the foreign investment
(Appendi x C ) .
iii
TABLE OF CONTENTS
Page
INTRODUCTION ....................................................
^
OVERVIEW OF FOREIGN DIRECT INVESTMENT
IN THE UNITED STATES, 1987 ...................................
3
INVESTMENT BY SOURCE COUNTRY ...................................
5
THE MEGADEALS....................................................
10
INVESTMENT BY INDUSTRY (SIC) ....................................
13
MODE OF INVESTMENT TRANSACTION .................................
29
LOCATION OF INVESTMENT BY STATE ........ ........................
32
MAJOR SECTORAL DEVELOPMENTS ....................................
37
APPENDIX A:
APPENDIX B:
APPENDIX C:
APPENDIX D:
LISTING OF TRANSACTIONS BY
STANDARD INDUSTRIAL CLASSIFICATION (SIC) ......
81
LISTING OF TRANSACTIONS BY
SOURCE COUNTRY ..................................
106
LISTING OF TRANSACTIONS BY
STATE LOCATION ..................................
131
DESCRIPTION OF KEY TERMS, SOURCE COUNTRY
ABBREVIATIONS, SIC REFERENCE TABLE, INVESTMENT
TYPES REFERENCE TABLE .............................
156
v
LISTS OF SUMMARY TABLES
Page
Table
I
Table
II
Source Country - Completed Cases - 1987 ..........
7
Number of Identified Completed Transactions,
by Source Country, 1981-1987 ....................
9
Table
III
The Megadeals .....................................
11
Table
IV
Direct Investment Distribution by Industry
Subsector of U.S. Affiliate - Completed
Transactions, 1987 ..............................
15
Direct Investment Distribution by Industry Group
of U.S. Affiliate and Country of Foreign
Parent - Completed Transactions, 1987 ..........
19
Mode of Investment by Source CountryCompleted Transactions, 1987 ....................
30
State Location of Foreign Investments, 1987 ......
33
Table
V
Table
Table
VI
VII
vi
LIST OF FIGURES
Page
Figure 1
Total Number of Foreign Direct Investments,
1978-87...............................................
3
Figure 2
Number of Investments by Source Country, 1987......
6
Figure 3
Number of Investments by Industry, 1987.............
14
Figure 4
Number of Investments by State, 1987................
32
Figure 5
Number of Investments in the Metal Mining
Industry, 1983-87....................................
38
Number of Investments in the Oil and Gas
Extraction Industry, 1983-1987......................
40
Number of Investments in the Nonmetal lie
Minerals Industry, 1983-87..........................
42
Number of Investments in the Foods Industry,
1983-87...............................................
44
Number of Investments in the Textile Mill
Products Industry, 1983-87..........................
46
Number of Investments in the Paper Industry,
1983-87...............................................
48
Number Investments in the Printing and
Publishing Industry, 1983-87........................
50
Number of Investments in the Chemical
Industry, 1983-87....................................
52
Number of Investments in the Petroleum
Refining Industry, 1983-87...........................
54
Number of Investments in the Rubber and
Miscellaneous Plastics Products Industry,
1983-87...............................................
56
Figure 6
Figure 7
Figure 8
Figure 9
Figure 10
Figure 11
Figure 12
Figure 13
Figure 14
Figure 15
Number of Investments in the Stone, Clay,
and Glass Industries,
1 98 3- 8 7..........................
vii
58
LIST OF FIGURES (Cont'd.)
Page
Figure 16
Figure 17
Figure 18
Figure 19
Figure 20
Figure 21
Figure 22
Figure 23
Figure 24
Figure 25
Figure 26
Figure 27
Number of Investments in the Primary Metal
Industry, 1983-87...................................
60
Number of Investments in the Fabricated
Metal Products Industry, 1983-87...................
62
Number of Investments in the Machinery
Industry, 1983-87...................................
64
Number of ^vestments in the Electrical
Industry, 1983-87...................................
67
Number of Investments in the Transportation
Industry, 1983-87...................................
69
Number of Investments in the Instruments
and Related Products Industry, 1983-87.............
70
Number of Investments in the Communications
Industry, 1983-87...................................
71
Number of Investments in the Electric,
Gas & Sanitary Services Industry, 1983-87..........
73
Number of Investments in the Retail
Trade Industry, 1983-87.............................
75
Number of Investments in the Banking
Industry, 1983-87...................................
76
Number of Investments in the Services
Industry, 1983-87...................................
78
Number of Investments in the Real
Property Industry, 1983-87..........................
80
viii
INTRODUCTION
The purpose of this report is to Identify specific foreign direct
Investment (FDI) transactions In the United States during 1987,
analyze recent trends In such Investment, and provide data and
related Information on significant transactions. The report
incorporates Information obtained In fulfilling responsibilities
assigned to the Secretary of Commerce by Executive Order No. 11858,
dated May 7, 1975. Specifically, the Secretary of Commerce Is
responsible for "the obtainment, consolidation, and analysis of
Information on foreign direct investment in the United States."
Foreign direct Investment, as used in this report, means the direct
or indirect ownership of 10 percent or more of the voting securities
of an incorporated business enterprise, or an equivalent Interest in
an unincorporated business enterprise, and a 10 percent or more
interest in real property transactions.
Transactions values, as used in this report, refer to the reported
total cost of the Investment regardless of the source or timing of
funds. In the case of a joint venture, the estimated foreign
ownership proportion of the investment is cited. These values are
Intended to Identify the relative size of various Investments and, in
the aggregate, indicate trends In Investment activity.
The data and other information contained in this report represent a
compilation and distillation of material available from
generally-available public sources, transaction participants, and
miscellaneous contacts. A major portion of the data and information
was derived from public secondary sources such as newspapers,
magazines, and business and trade journals, as well as from the
public files of Federal regulatory agencies. In all instances, the
monetary values and numbers of investments given In this report
Include only those identified in these sources and should not be
considered a compilation of the entire universe of FDI transactions.
The primary Federal agency sources for publicly available data are
the Securities and Exchange Commission (SEC), the Federal Trade
Commission (FTC), and the Federal Reserve Board (FRB). Much of the
data obtained from Federal regulatory agencies originated from report
series that differ widely in frequency and content. These reports
are, in most cases, filed in response to the various agencies'
general regulatory responsibilities, rather than for the specific
purpose of providing data on foreign investment. Certain other
Investment transaction and related data collected by the Federal
Government on a business confidential basis to facilitate Federal
regulatory responsibilities or to provide aggregate data for
macroeconomic analysis purposes are not available for this report.
- 2
-
It should be noted that the aggregate data in this report are not
strictly comparable to the other major statistical series on foreign
direct investment in the United States, published by the Commerce
Department's Bureau of Economic Analysis (BEA). The BEA aggregate
dollar value data on new investments, published annually since 1979,
are based on individual firm responses to mandatory reporting
requirements (including strict confidentiality provisions protecting
the identity of Individual reporters). The BEA data are thus likely
to provide more comprehensive coverage for the types of transactions
Included in BEA's reporting requirements. On the other hand, the
information contained In this report not only identifies individual
transactions, but Includes a broader range of investment transactions
than the.BEA data— particularly with regard to plant expansions,
equity Increases, and certain types of real estate Investments.
Consequently, the two data series are not directly comparable,
although there has been significant correlation In the movement of
the overall series in most years.
While every effort was made to verify the Information obtained from
public sources, the U.S. Department of Commerce is not responsible
for any Inaccuracies or gaps In information presented In this
report. Transaction values for many investments are not publicly
available. Nevertheless, experience has shown that value and other
data for the large majority of major investments are identified 1n
the monitoring process.
-
3 -
OVERVIEW OF FOREIGN INVESTMENT IN THE UNITED STATES, 1987
The Office of Trade and Investment Analysis (OTIA) Identified from
public sources 1,328 foreign direct investment transactions during
1987. Values were reported for 588 of these individual transactions,
for a total of $58.1 billion. Appendices A, B, and C contain
listings of all the identified transactions by source country, U.S.
Industry, and state location.
The total number of transactions increased by more than 29 percent
over the 1,051 reported for 1986 (see Figure 1). In value terms,
Figure 1
TOTAL NUMBER OF
FOREIGN DIRECT INVESTM ENTS,
1 9 7 8-8 7
NUMBER OF IN VES TM EN TS
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
-
k
-
also, the 1987 total reflected a substantial Increase (62 percent)
above the total value, $35.8 billion, identified in 1986. As in
previous years, a few large transactions continued to account for a
substantial part of the total value. In 1987, 29 transactions of
$500 million or more had a combined total of $34.3 billion, 59
percent of the total reported value. The nine largest transactions,
each over $1 billion, had a combined value of $22.7 billion, 39
percent of the total value.
The rise in foreign direct investment continued a growth trend which
began 1n 1983 and followed the recession of 1981/82. Several factors
accounted for the growth, of which three were probably most
influential. First, the value of the dollar continued to decline
against other major .currencies, not only making it less expensive to
acquire or establish a U.S. business, but also broadening the scope
of potentially attractive investment opportunities. Second, many
corporations, 1n efforts to become more efficient and profitable In
their Industries or to prevent takeovers by domestic or foreign
investors, restructured their organizations considerably, making
available for acquisition many subsidiaries or divisions no longer
contributing to changed corporate goals. And third, despite "Black
Monday" of October 19, which slowed Investment quite appreciably
while the Impact was evaluated, foreign investors believe that they
must invest in the United States— the world's largest consumer
market— if they are to be competitive in a global economy.
These factors supplemented the more traditional reasons to invest in
the United States, such as political stability, excellent
transportation infrastructure, and a educated labor force. In
addition, large trade related surpluses accumulated by Japan, Taiwan,
and certain European countries In recent years have created a
substantial pool of foreign-owned dollar-denominated assets available
in part for direct investment in the United States.
- 5 -
INVESTMENT BY SOURCE COUNTRY
The major Industrialized countries have traditionally been the source
of most direct Investment activity 1n the United States. In 1987,
seven nations— Canada, France, West Germany, Japan, the Netherlands,
Switzerland, and the United Kingdom-accounted for 1078 transactions
or 87 percent of the total transactions— up from 79 percent in 1986.
The Identified aggregate value of the transactions by the seven
countries— $40.2 bl 111on— represented 85 percent of the total
Identified value.
As In the last 3 years, Japan was the source for the largest number
of transactions, although British Investment accounted for the
highest aggregate value. More than 37 percent (490) of all
transactions originated 1n Japan, with 235 Identified values totaling
$13 billion. The United Kingdom was second with 249 transactions,
and 117 Identified values totaling $21.2 billion (36 percent of total
Identified aggregate value). Canada was third 1n terms both of
number, with 122 transactions and 54 Identified values totalling $1.8
billion. (Figure 2 shows the shares of these seven nations.)
Hhlle Japan will continue to be the source of most Aslan Investments
for the foreseeable future. It 1s interesting to note that other
Aslan/Pacific investors, especially from Australia and New Zealand,
have Increased their activity here— the number of transactions
doubled and the value quadrupled 1n 1987.
Table I shows the number of completed transactions with Identified
values for 1987, while Table II shows the continuing, and gradually
Increasing, dominance of the major Industrialized countries (also our
largest trading partners) as sources of direct Investment in the
United States.
-
6 -
Figure 2
NUMBER OF INVESTMENTS BY SOURCE COUNTRY,
1987
JAPAN 4 9 0
NETHERLANDS 3 6
SW ITZERLAND 3 7
UNITED KINGDOM 2 4 8
W EST GERMANY 7 7
FRANCE 6 9
CANADA 1 2 2
ALL OTHERS 2 5 0
TOTAL 1 3 2 9 = 100%
TABLE
I. SOURCE C O U N T R I E S - C O M P L E T E D CASE S - 1987
GROUP=PRINCIPAL
COUNTRV
CANADA
FRANCE
G E R MA N Y , F E D E R A L REP
JAPAN
NETHERLANDS
SWITZERLAND
U N I T E D KINGDOM
G R O UP
S OU R CE C O U N T R I E S
N U MB E R
OF C A S E S
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
($ M ILLIO N)
121
69
77
490
36
37
248
54
16
32
235
13
1 17
1811.3
1984.0
4488.1
12998.7
5107.9
1494.4
21244.8
1078
480
49)29.2
NUMBER
OF C A S E S
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
6
11
5
8
8
36
1
4
23
2
3
1
0
3
13
0
1
12
1 .5
86.8
3.3
102
35
GROUP=OTHER
COUNTRY
AUSTRIA
BELGIUM
D E N MA R K
FINLAND
I RELAND
ITALY
LIECHTENSTEIN
NORWAY
SWED E N
GR OUP
n
EUROPE
GROUP-OPEC COUNTRIES
33.2
1969.8
7.6
356.3
-------
2458 .5
----------------------
N U MB E R
OF C A S E S
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
KUWAIT
SAUDI ARABIA
VENEZUELA
2
10
3
2
B
2
55.0
90.0
99.0
GR O U P
15
12
24 4.0
NUMB E R
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
(S M I L L I O N )
ISRAEL
SYRIA
3
1
1
1
100.0
0.5
GROUP
4
2
100.5
COUNTRY
GRO UP -O TH ER -MIDDLEI EAST
COUNTRV
I
'—l
l
TABLE
I. SOURCE CO UN TR IE S - CO M P L E T E D CASES - 1987
GROUP=OTHER
C OU N T R Y
AUSTRALIA
CHINA
C H IN A ( TAIWAN)
HONG KONG
INDIA
INDONESIA
KOREA, R E P U B L I C
NEW Z E A L A N D
SINGAPORE
OF
GR OUP
ASIA
AND P A C I F
NUMBER
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
($ M ILLION)
58
3
1
11
1
1
5
25
1
26
0
0
6
1
1
0
12
1
2407.4
106
47
4021.6
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
CS M I L L I O N )
.
1175.9
2.5
6.6
426.0
3.2
GR OUP =OT HE R WESTERN H E M I S P H E R E
COUNTRY
BAHAMAS, THE
BE RMUDA
BRAZIL
H A ITI
NETHERLANDS A N T IL L E S
T R I N I D A D A N D TOB A G O
GROUP
NUMBER
OF C A S E S
1
10.0
5
2.5
1
1
I
oo
23.6
15
------------------------------------------------------- G R O U P = A L L O T H E R
COUNTRY
2.8
8.3
4
3
COUNTRIES
N U MB E R
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
BRUNEI
SOUTH A F R I C A
1
7
1
6
200.0
1949.0
GROUP
a
7
2149.0
1328
588
58126.4
i
- 9 -
TABLE II
Number of Identified Completed Transactions
Bv Source Country. 1963-1987
Source Country
1983____
___ L9S4____
#
%
TOTAL
751
100.0
907
Canada
97
12.9
127
France
48
6.4 54
Germany, F.R.
72
9.6
76
105
14.0
198
Japan
#
47
6.3 38
Switzerland
28
3.7
26
United Kingdom
159
21.1
All Others
195
26.0
___ ISfifi____
#
%
100.0
912
100.0
1051
14.0
101
11.1
114
%
5.9
Netherlands
___ 1265____
#
%
100.0
10.8
___ I3 S I
%
0
1328
122
100.0
9.2
61
6.7
45
4.3
69
5.2
8.4
69
7.6
60
5.7
77
5.8
21.8
216
33.4
490
36.9
23.7
351
44
4.8
42
4.0
39
2.9
3.0
36
3.9
39
3.7
37
2.8
171
18.8
176
19.3
176
16.7
248
18.7
217
24.1
209
22.9
222
21.4
247
18.5
4.0
- 10 -
THE MEGADEALS
Foreign direct Investment In the United States set a record In 1987
In terms of both number of transactions and value of Investments. A
record number of "megadeals" was also recorded (see Table III). A
megadeal Is defined for the purposes of this report as an Individual
transaction worth $100 million or more.
In 1987, 99 foreign direct Investment transactions, or almost 7.5
percent of the transactions Identified by the Office of Trade and
Investment Analysis were megadeals. Nine transactions were worth $1
billion or more. The largest of these was In the petroleum and coal
products sector— the almost $8 billion equity Increase by the British
Petroleum Co. PLC In Standard 011 Co. The British firm acquired the
remaining shares of the Ohio-based company it did not already own.
The Industry with the most megadeals 1n 1987 was the real property
sector which had 15 of them. The electric and electronic equipment
sector was in second place with eight multlmlllion-dollar
Investments. There was a four-way tie for third place among the
following sectors: chemicals, food and kindred products, Instruments
and related products, and hotel and other lodgings. These sectors
each had six megadeals.
The majority of the megadeals were acquisitions/mergers; there were
64 transactions 1n this category. Real estate transactions accounted
for 15 megadeals,and equity increases accounted for eight of these
large Investments. Three states attracted most of the megadeal
Investments; California with 20, New York with 16, and Ohio with 7
were the most popular locations. Massachusetts and North Carolina
followed with five megadeals each.
Two countries accounted for the majority of megadeals— about
three-fifths of the total. The Investment totals for the United
Kingdom (31) and Japan (28) far exceeded the next highest totals— six
each for Canada and West Germany.
The 99 megadeals had a total value of more than $49.3 billion and
accounted for almost 85 percent of the total Investment value
recorded In 1987.
TA B L E III
THE MEGADEALS
1987
BY D E S C E N D I N G
VALUE
7 9 9 2 . ,0
3100. 0
2 8 5 0 ..0
2 0 0 0 ..0
1 5 5 1 .. 0
1 4 9 0.,0
1 3 5 0.,0
1 2 0 0.,0
1 2 0 0..0
9 1 1 ., 0
8 2 0 . .0
8 0 0 . .0
7 5 6 .,0
7 5 0 .,0
7 3 0 . ,0
715. 0
6 8 0 . ,0
670. 0
625. 0
600. 0
5 9 4 . .0
5 7 4 . ,0
5 6 6 . .6
5 6 0 . ,0
5 5 1 .. 0
5 2 7 . .0
5 0 8 .,3
5 0 0 ..0
5 0 0 ..0
4 8 0 ,.0
4 5 0 .,0
4 0 5 ..0
384.,0
360,.0
350,.0
350..0
310,.0
310,.0
300,.0
30 0 ,.0
261 , 5
250 .0
250 .0
250 .0
250 .0
242 .5
242 .0
240 .0
227 .0
226,.0
225 .0
213 .0
US
FIRM
NAME
S T A N D A R D O I L CO
CHESEBROUGH-POND' S INC
C E L A N E S E CORP
CBS R E CO RD S GROUP
N E W MO N T M I N I N G C OR P
NIMONT INC
MANPOWER I N C
G . H E I L E M A N B R E W I N G CO
HEUBLEIN INC
T E L E X CORP
F IR S T JERSEY NATIONAL
G E ' S CONSUMER E L E C T R O N I C S D I V
M A R I N E M I D L A N D BANKS I N C
W E S T IN HOTELS & RESORTS
E . J . B R A C H C OR P
ADT I N C
N O R T H A M E R I C A N P H I L I P S CORP
C I T I C O R P BLDG
G E N C O R P ' S G E N E R A L T I R E & R U B B E R CO
RE I C H H O L D C H E M I C A L I N C
RENT-A-CENTERS
REVLON I N C ' S V I S I O N CARE D I V
JWT G R O U P ( J W A L T E R T H O M P S O N )
101 C A L I F O R N I A ST
S T J O E G O L D C OR P
HONEYWELL IN FO R M A TIO N SYSTEMS
SHEARSON LEHMAN BROTHERS H O L D I N G S I N C
6 6 6 F I F T H AVENUE
HOUDAILLE IN D U S TR IE S INC
SCHENLEY IN D U S T R I E S IN C
H O N D A O F A M E R I C A MF G CO
SUBARU"ISUZU AUTOMOTIVE INC
CYCLOPS CORP.
C E N T R A L S O Y A C OR P
B L A N D I N P A P E R CO
D I V E R S I F I E D P R I N T I N G C(ft?P
I / N TEK
SPECTRA-PHYSICS INC
P A I N E W E B B E R GROUP I N C
THE CROSSINGS
SHAW S U P E R M A R K E T I N C
A R R O WH E A D D R I N K I N G WA T E R CO
LA C O S T A H O T E L & SPA
GILBARCO INC
K A I S E R C E M E N T C OR P
E C O L A B ' S W O R L D WI D E CONSUMER P R D T S D I V
A M E R I C A N A G G R E G A T E S C OR P
OWENS-CORNING F IB ER G LA SS H IT C O D I V
B A R B E R - C O L M A N CO
R EX HA M CORP
O F F I C E BLDGS
TORAY I N D U S T R I E S
TS
SIC
NA
FOREIGN
OH
CT
NY
NY
NY
DE
WI
WI
CT
OK
NJ
IN
NY
WA
IL
NY
NY
NY
OH
NY
KS
NY
NY
CA
MO
MN
NY
NY
FL
NY
OH
IN
PA
IN
MN
NY
IN
CA
NY
AZ
MA
CA
CA
NC
CA
MN
OH
CA
IL
NC
DC
RI
291 1
2844
2869
3652
1021
2821
7362
2082
2084
3573
60
3651
60
701 1
2065
3679
3693
* ** *
301 1
2819
7394
3851
731 1
****
1041
7372
62
* ** *
3293
2085
3714
371 1
521 1
2048
2621
2754
331 2
381 1
621 1
* ***
541 1
5149
701 1
3586
3241
2841
1442
3764
3822
2641
* * * *
2282
UK
NL
GE
JA
SO
IT
UK
AS
UK
NL
UK
FR
HK
JA
SZ
UK
NL
JA
GE
JA
UK
UK
UK
JA
AS
FR
JA
JA
UK
UK
JA
JA
UK
IT
CA
UK
JA
SZ
JA
JA
UK
FR
JA
UK
UK
GE
SO
UK
UK
UK
JA
JA
U N I T E D K I N G D O M , G O V ' T OF
U N I L E V E R NV
H O E C H S T AG
S O N Y C OR P
O P P E N H E I M E R * H ARRY F . & F A M I L Y
F E R R U Z Z I GROUP
B L U E ARROW P L C
B O N D , ALAN
GR A N D M E T R O P O L I T A N P L C
MEMOREX I N T L NV
N A T I O N A L W E S T M I N S T E R BAN K GR OUP
F R A N C E , G O V T OF
H O N G K O N G S H A N G H A I B A N K I N G C OR P
A O K I C OR P
C O L I M A H O L D I N G AG
HAWLEY GROUP PLC
P H I L I P S NV
D A I - I C H I MUTUAL L . I . C O
C O N T I N E N T A L G U M M I WE R K E AG
D A IN IP P O N IN K & CHEMICALS INC
TH OR N - E M I PLC
P I L K I N G T O N B R OT HE RS PLC
WPP G R O U P P L C
N I P P O N L I F E I N S CO
B O N D , ALAN
F R A N C E , G O V T OF
NIPPON L . I . C .
S U M I T O M O R E A L T Y a D E V E L O P M E N T CO
T I GROUP PLC
G U I N N E S S PLC
H ON D A M OT OR CO L T D
F U J I H E A V Y I N D S / I S U Z U MOTOR
D I X O N S GR O UP P L C
F E R R U Z Z I GROUP
B R O N F M A N , E DWARD & P E T E R
M AXWELL, ROBERT
N I P P O N S T E E L CORP
C I B A G E I G Y CORP
YASUDA MUTUAL L . I . C .
TAIYO R . E . CO. LTD .
S A I N S B U R G J . PLC
S O U R C E P E R R I E R SA
S P O R T S S H I N K O CO
G E N E R A L E L E C T R I C CO P L C
HAN SON T R U S T PLC
J O H A B E N C K I S E R GMBH
O P P E N H E I M E R , H ARRY F . & F A M I L Y
U K , G O V T OF
S I E B E PLC
B OWA T E R I N D U S T R I E S P L C
SUMITOMO L . I . C .
TORAY I N D U S T R I E S IN C
INVESTOR
TY
El
AM
AM
AM
El
El
AM
AM
AM
AM
AM
AM
El
AM
AM
AM
El
RE
AM
AM
AM
AM
AM
RE
AM
OT
AM
RE
AM
AM
PE
NP
AM
AM
PE
AM
JV
El
AM
RE
El
AM
AM
AM
AM
AM
AM
AM
AM
AM
RE
NP
TABL E
III
THE MEGADEALS BV D E S C E N D I N G
VALUE
2 12.0
21 0.0
2 05.0
200 .0
20 0.0
20 0.0
2 0 0 .0
2 00.0
20 0.0
2 0 0 .0
2 00.0
2 00.0
178. 1
1 76.0
1 75.0
174.0
170.0
157.7
155.0
151.8
150.0
150.0
149.2
145.0
1 40.0
135.2
1 33.6
132.5
130.0
129.0
128.0
126.0
120.0
120.0
115.0
1 12.5
110.4
1 10.0
105.0
100.0
100.0
1 00.0
1 00.0
1 00.0
100.0
100.0
1 00.0
US
FIRM
NAME
GEORGIA CRAFT C O 'S M I L L
STERLING INC
B U R L IN G T O N 'S D EN IM PLANT
BEVERLY H I L L S HOTEL
MO N R O E E N Q U I R E R J O U R N A L E T A L
SHOPPING CENTERS ( 5 )
M U L T I - U S E PROJECT
CAMELBACK ESP LAN ADE
D A L L A S MARKET CENTER
O F F I C E BLDG
A L E X A N D E R P R O U D F O O T CO
S T E W A R T - W A R N E R C OR P
BENEQUITV HOLDINGS
W H I R L P O O L ' S H E I L - O U A K E R HOME S Y S T E M S
HOLIDAY INNS ( 7 )
D A T A C ARD CORP
F I V E H IN D R E D BOYLSTON
D U N E S H O T E L AN D C A S I N O
AVENTINE
K A I S E R A L U M I N U M & C H E M I C A L C OR P
P AN A V ISIO N INC
RANCO I N C
WALDBAUM I N C
1 0 0 0 W I L S H I R E BLVD
P O R T E R P A I N T CO
SHEAFFER EATON D I V I S I O N
DAY I N T L CORP
MCC P O W E R S D I V
F U J IT S U M ICROELECTRONICS INC
BEVERLY W IL S H IR E HOTEL
ALMADEN V IN E Y A R D S IN C
A T & T / K D D VENTURE
TEXAS IN T E R N A T IO N A L C O 'S O IL /G A S ASSETS
K O N I C A MFG USA I N C
E M H A R T C O R P ' S SHOE MCHY O P E R .
S M I T H & WESSON CORP
C A L M A T CO
W EST ER N GEAR CORP
NETWORK S E C U R I T Y CORP
6 U D D CO
C A R I B B E A N G U L F R E F I N I N G C OR P
C H E V R O N U S A I N C / N I P P O N O I L CO V E N T U R E
O F F I C E BLDGS
T E X A C O / N I P P O N O I L CO V E N T U R E
2 6 5 F R A N K L I N ST
L I Q U O R BARN C H A I N
M AR TIN PROCESSING INC
TS
GA
OH
NC
CA
NC
UN
CA
AZ
TX
CA
FL
IL
CA
TN
FL
MN
MA
NV
CA
CA
CA
OH
NY
CA
KY
MA
OH
IL
OR
CA
CA
GU
TX
NC
CT
MA
CA
WI
TX
KY
PR
CA
CA
LA
MA
CA
VA
SIC
2631
5499
221 1
701 1
271 1
***♦
*♦* +
** * *
* ***
7392
3679
671 1
3585
701 1
3662
*** *
701 1
****
3353
3861
3822
541 1
* ** *
2851
2648
3069
3622
3674
701 1
2084
481 1
131 1
3861
3559
3484
1442
3566
5999
3465
291 1
1311
****
131 1
♦* **
5921
2221
1987
VALUE
NA
AS
UK
CA
BX
CA
CA
HK
JA
JA
JA
UK
UK
NZ
CA
UK
GE
NL
JA
JA
UK
UK
UK
GE
JA
UK
SZ
CA
SZ
JA
HK
UK
JA
FR
JA
UK
UK
NZ
UK
SZ
GE
IS
JA
JA
JA
JA
UK
UK
FOREIGN
INVESTOR
PRATT H O L D IN G S PTV LTD
R A T N E R GR O U P P L C
DOMINION T E X T IL E INC
B R U N E I f S U L T A N OF
THOMSON, KENNETH R & F A M I L Y
C A M P E A U C OR P
CHAN t LAWRENCE ET AL
S H I M I Z U L A N D C OR P
D A I - I C H I MUTUAL L . I . C .
M I T S U I FUDOSAN
B R I T A N N I A H O L D I N G S PLC
BTR PLC
R E N O U F C OR P
I N T E R - C I T Y GA S C OR P
BASS PLC
QUANDT, HERBERT FA M ILY
PGGM P E N S I O N F U N D S
N A N G A K U . MASAO
S H I M I Z U C O N S T R U C T I O N CO L T D E T A L
C L O R E , ALAN
L E E , BENNY
S I E B E PLC
TENGELMANN F A M IL Y
SUMITOMO L . I . C .
COURTAULDS PLC
G E F I N O R SA
B R O N F M A N f P E T E R & E DWARD E T A L
L A N D I S & GY R H L D G AG
F U J I E L E C T R I C CO L T D
REGENT HOTELS
GRAND M E T R O P O L I T A N PLC
K O K U S A I D E N S H I N OENWA CO L T D
F R A N C E * G O V ' T OF
K O N I S H I R O K U P H O T O I N D CO L T D
A B L E K IN D LTD
H U T C H I N G S , GREGORY
B R I E R L E Y . R O N A L D A . E T AL
LUCAS I N D U S T R I E S PLC
I N S P E C T O R A T E I N T E R N A T I O N A L SA
T H Y S S E N AG
Z E E V I , GAD
N I P P O N O I L CO L T D
S HUWA C O R P
N I P P O N O I L CO L T D
SHUWA T R U S T CO
M A J E S T I C W I N E WAREHOUSE LT D
COURTAULDS PLC
TV
AM
AM
AM
AM
AM
RE
RE
RE
RE
RE
AM
AM
AM
AM
AM
AM
RE
AM
RE
El
AM
AM
AM
RE
AM
AM
AM
AM
NP
AM
AM
JV
AM
NP
AM
AM
AM
AM
AM
NP
AM
JV
RE
JV
RE
AM
AM
- 13 -
INVESTMENT BY INDUSTRY
The manufacturing sector continued to predominate 1n terms of the
number of transactions and aggregate values, with 627 transactions
and 306 identified values totalling $38.1 billion. These represent a
39 percent increase in terms of numbers and a 143 percent increase in
value over the previous year.
There were other industry sectors experiencing substantial activity.
In the real estate sector, including hotels (SIC 70), 131 Investments
were identified, with 98 values totalling $7.5 billion. There were
140 transactions In the wholesale trade sector, with 43 values
totalling $0.8 billion. And in the services sector (excluding
hotels) there were 141 transactions, with 44 values totalling $3.8
billion.
Figure 3 shows the principal industry sectors by numbers of
transactions.
Table IV shows the Investment activity 1n each Standard Industrial
Classification (SIC) sector.
Table V highlights the trend In completed cases by major source
country in each SIC sector for the year.
- 14 -
Figure 3
NUMBER OF INVESTMENTS BY INDUSTRY,
1987
TOTAL 1 3 2 9 t 100%
TABL E IV
DI R E C T I N V E S T M E N T D I S T R I B U T I O N BV I N DU ST RY S U B S EC TO R OF
U.S. A F F I L I A T E - C O M P L E T E D T R A N S A C T I O N S - 1987
---------------------
CLASS=NOT REAL PROPERTY
SECTOR=A A G R I C U L T U R E ,
S IC
N UMBE R
01
02
AGRICULTURAL
AGRICULTURAL
PRODUCTION
PRODUCTION
-
PROPERTY
--------
NUMBER C A S E S /
V A L U E KNOWN
VALUE
(S M ILLIO N )
4
1
2
1
4.7
6.0
5
3 -
SECTOR
REAL
AND F I S H I N G
N U MB E R
OF C A S E S
CROPS
LIVESTOCK
CLASS=NOT
FORESTRY,
10.7
SECTOR*B M I N I N G
N U MB E R
CASES
NUMBER C A S E S /
V A L U E KNOWN
VALUE
($ M ILLIO N )
19
4
23
6
13
2
18
4
2305.2
31 . 6
634.9
449 .4
52
37
3421.1
N UMBE R
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
($ M ILLIO N )
15 GENERAL B U I L D I N G CONTRACTORS
16 HEAV Y C O N S T R U C T I O N CONTRACTORS
17 S P E C I A L TRA DE CONTRACTORS
12
1
2
3
0
1
117.3
SECTOR
15
4
137.8
NUMBER
OF C ASES
NU MB E R C A S E S /
V A L U E KNOWN
VALUE
($ M ILLIO N )
47
1
22
5
8
7
13
21
80
10
27
5
26
23
1
11
3
5
4
8
12
34
6
14
2
12
4310.6
3.0
674.5
24. 7
32.7
13.5
1000.0
863. 2
8791.2
8229.3
877.6
65.9
914.3
SIC
NU MB E R
10
12
13
14
METAL M I N I N G
B I T U M I N O U S C OA L AN D L I G N I T E M I N I N G
O I L A N D GA S E X T R A C T I O N
NONMETALLIC M IN E R A L S , EXCEPT FUELS
SECTOR
CLASS=NOT
REAL
PROPERTY
SIC
NU MB E R
CLASS=NOT
REAL
PROPERTY
SIC
NUMBER
2 0 FOOD A N D K I N D R E D P R O D U C T S
21 TOBACCO M A NU FA C TU R ES
2 2 T E X T I L E M I L L PRODUCTS
2 3 A P P A R E L AND O T H E R T E X T I L E P R O D U C T S
2 4 L U M B E R AN D WOOD P R O D U C T S
2 5 F U R N I T U R E AND F I X T U R E S
2 6 P A P E R AND A L L I E D P R O D U C T S
2 7 P R I N T I N G AND P U B L I S H I N G
2 8 C H E M I C A L S AND A L L I E D PRO DUC TS
2 9 P E T R O L EU M AND COAL P RO DUC TS
3 0 R U B B E R AND M I S C . P L A S T I C S P R O D U C T S
3 1 L E A T H E R AN D L E A T H E R P R O D U C T S
3 2 S T O N E , C L A Y , AN D G L A S S P R O D U C T S
SECTOR*C
CONSTRUCTION
20.5
SECTORED MANU FA CTU RIN G
table
IV
DIRECT INVESTMENT D I S T R I B U T I O N BV INDUSTRY SUBSECTOR OF
U.S. A F F I LI AT E - CO MP L E T E D T R A N S A C T I O N S - 1987
CLA SS = NOT R E A L
PROPERTY
SIC
N UMBE R
33
34
35
36
37
38
39
N UMBER
OF C A S E S
N UMBER C A S E S /
V A L U E KNOWN
VALUE
($ MILLION)
22
25
105
103
45
40
15
16
14
37
53
27
18
6
764. 6
419.7
2132.6
5636.0
1467.9
1750.9
109. 7
627
306
38081 .9
PRIMARY METAL I N D U S T R I E S
F A B R I C A T E D METAL PRODUCTS
M ACHINERY, EXCEPT ELEC TR IC A L
E L E C T R I C AND E L E C T R O N I C E Q U I P M E N T
TRANSPORTATION EQUIPMENT
I N S T R U M E N T S AND R E L A T E D PRODUCTS
M IS C E L L A N E O U S MANUFACTURNG I N D U S T R I E S
SECTOR
CLASS-NQT
REAL
PROPERTY
TRANSPORTATION,
SIC
NUMB E R
40
41
42
44
45
47
48
49
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
($ M ILLION)
2
8
7
15
9
13
5
14
0
0
1
3
1
2
3
6
12.0
30 . 4
31.8
30.0
135.5
109.8
73
16
349.5
SECTOR
REAL
PROPERTY
SIC
N U MB E R
50
51
WHOLESALE
WHOLESALE
SECTOR
TRADE
TRADE
-
D U R A B L E GOODS
N O N D U R A B L E GOODS
U TIL.
N UMBE R
OF C A S E S
RAILROAD TRANSPORTATION
LOCAL & I N T ER U R B A N PASSENGER T R A N S I T
T R U C K I N G AND W A R E H O U S I N G
WA T E R T R A N S P O R T A T I O N
T R A N S P O R T A T I O N BY A I R
TRANSPORTATION SERVICES
COMMUNICATION
E L E C T R I C , G A S , AND S A N I T A R Y S E R V I C E S
CLASS=NOT
COMMUNICATIONS,
^FrTHPsP
WHO!
P TDAnc
-
N U MB E R
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
( $ MI L L I O N )
101
39
28
15
3 31.6
458.4
140
43
TABL E IV
D I R E C T I N V E S T M E N T D I S T R I B U T I O N BV I N DU ST RY S U B S EC TO R OF
U.S. A F F I L I A T E - C O M P L E T E D T R A N S A C T I O N S - 1907
CLASS=NOT
REAL
PROPERTY
SECTOR=G R E T A I L
SIC
N UMBER
52
53
54
55
56
57
58
59
N UMB E R
OF C A S E S
N UMB E R C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
2
6
7
5
29
6
25
17
1
1
3
0
3
2
6
4
384.0
1.0
620 .7
97
20
1287.7
B U I L D I N G M A T E R I A L S & GARDEN S U P P L I E S
GENERAL M E R C H A ND IS E STORES
FOOD S T O R E S
AUTOMOTIVE DEALERS & S E R V IC E S TA TIO N S
A P P A R E L AND A C C E S S O R Y S T O R E S
F U R N I T U R E AND HOME F U R N I S H I N G S S T O R E S
E A T I N G AND D R I N K I N G P L A C E S
MISCELLANEOUS R E T A IL
SECTOR
CL A SS = N OT R E A L
PROPERTY
SECTOR=H
FINANCE t
SIC
NUMB E R
60
61
62
63
64
65
67
BANKING
C R E D I T A G E N C I E S OTH ER THAN BANKS
S E C U R I T Y , C O M M O D I T Y B ROKERS & S E R V I C E S
INSURANCE CARRIERS
I N S U R A N C E A G E N T S . BROKERS & S E R V I C E
REAL EST A TE
H O L D I N G AND O T H E R I N V E S T M E N T O F F I C E S
SECTOR
-------------------------------------------------------
CLASS=NOT
REAL
SIC
N UMBER
PROPERTY
TRADE
IN SURANCE,
AND R E A L
22 . 5
32.9
6.0
220.6
ESTATE
NU MB E R
CASES
NU MB E R C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
13
3
10
3
1
6
9
6
1
2
1
1
1
5
1660.9
30.0
808.3
30.0
5.7
1.3
3 44.9
45
17
SECTOR=I
N UMB E R
CASES
SERVICES
2881.1
-----------------------------------------
NU MB E R C A S E S /
V A L U E KNOWN
7 0 H O T E L S AND O T H E R L O D G I N G P L A C E S
7 2 PERSONAL S E R V I C E S
73 BU SIN ESS S ER V IC E S
7 5 A U T O R E P A I R , S E R V I C E S , AND G A R A G E S
78 MOTION P IC TU R E S
7 9 A MUSEMENT & R E C R E A T I O N S E R V I C E S
8 0 HEALTH SER V IC E S
81 L E G A L S E R V I C E S
82 EDUCATIONAL SERVICES
89 MISCELLANEOUS S ERVICES
23
1
1 12
1
11
4
7
1
2
2
20
0
30
0
5
3
4
1
0
1
SECTOR
164
64
VALUE
($ M ILLION )
1977.0
3691.0
69 . 3
17.0
41.5
1.8
5.5
5803.1
DIRECT INVEST ME NT DI ST R I B U T I O N BY INDUSTRY SUBSEC TO R OF
U.S. A F FI LI AT E - C O M P LE TE D T R A N S A C T I O N S - 1987
C L A S S = NOT R E A L
SIC
NUMBER
96
PROPERTY
NUMBER
OF C A S E S
ADMINISTRATION
OF
ECONOMIC
PROGRAMS
NUMBER C A S E S /
V A L U E KNOWN
510
52762.9
NUMBER
OF C A S E S
NU MB E R C A S E S /
V A L U E KNOWN
VALUE
(S M IL L IO N )
toe
78
=s = s
566
12 2 0
CLASS=REAL
SIC
NU MB E R
PROPERTY
PROPERTY
V AL UE
CS M I L L I O N )
0
2
CLASS
REAL
SECT0R*96
SECTOR=L
REAL
5363.
ii
1326
PROPERTY
in
T A BL E IV
50126.4
00
I
TABLE V
D I RE CT IN VESTMENT D I S T R I B U T I O N 9V INDUSTRY GR OUP OF U.S. AF FI LI AT E AN D COUNTRY OF FOREIGN PARENT
C O M P LE TE D TR AN S A C T I O N S —
1987
TOTAL
A(iR I CULTURE ,
CANADA
FRANCE
GE RMANY
JAPAN
NETHER
LA N D S
UNITED
KINGDOM
SWITZER
LAND
ALL
OTHER
F O R E S T R Y t AND F I S H I N G
A G R I C U L T U R A L P R O D U C T I O N - C R OP S
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
4
2
4.7
AGRICULTURAL PRODUCTION - LIVESTOCK
T O T A L NUMBER OF C A S E S
N U MB E R C A S E S - - V A L U E KNOWN
VALUE (S M I L L I O N S )
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( S M I L L I O N S )
1
1
1
t
6.0
6. 0
1
1
2
5
3
10.7
KNOWN
2
6.0
4.7
MINING
METAL M I N I N G
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
B I T U M I N O U S COAL AND L I G N I T E M I N I N G
T O T A L NUMBER OF C A S E S
NUMBER C A S E S —
VALUE ( S M I L L I O N S )
OIL
AND GAS E X T R A C T I O N
T O T A L NUMBER OF C A S E S
NUMBER C A S E S ~~ V A L U E
VALUE ( S M I L L I O N S )
NONMETALLIC
VALUE
($
MINERALS,
VALUE
4
KNOWN 2
31.6
10
8
121.0
EXCEPT FUELS
T O T A L NUMBER OF C A S E S 6
C A S E S - - V A L U E KNOWN 4
4 4 9.4
0
0
0
52
37
3421.1
0
0
0
2
2
135.3
0
0
0
0
0
2
2
135.3
2
2
31.6
3
3
214.3
3
3
176.0
0
0
0
2
0
0
0
0
0
5
3
2 14.3
0
0
0
0
0
0
0
0
0
0
0
0
1
0
31.6
0
0
0
1
0
0
2
2
0
10
8
121.0
0
0
0
0
0
0
KNOWN
0
0
0
0
0
23
18
634.9
KNOWN
N UMBER
MILLIONS)
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE (S M I L L I O N S )
19
J3
2305.2
KNOWN
0
0
0
0
1
0
3
2
6.1
11
8
103.2
0
0
2
1
0
3
3
1
0
176.0
4
3
73.0
376.4
7
22
16
2663.8
3
0
1
0
0
0
0
6
5
2104.2
79.1
table
0 . » e CT
, „ E S ™ E„ T D , S T B 1 B U T I„
n
V
av
T O T .L
COUNTRV 0 F
c .H .0 .
™ .M C «
GE R MA N V
JA„ ,
“S
, « « «
,.„ „ T
"
«
S
S
o ‘r S .
CONSTRUCTION
GE N ER A L B U I L D I N G C ONTRACTORS
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
12
3
117.3
3
0
H EA V Y C O N S T R U C T I O N C ONTRACTORS
T O T A L NU MB E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( S M I L L I O N S )
S P E C I A L TRADE CONTRACTORS
T O T A L NUMB E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
T O T A L N U MB E R O F C A S E S
N U MB E R C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
0
0
0
0
2
1
0
0
0
0
0
0
0
0
4
0
0
3
1
29.3
5
2
66.0
0
0
1
20 . 5
20.5
0
0
15
4
137.8
1
1
0
20.5
0
0
5
2
29.3
88.0
MANUFACTURING
F OO D A N D K I N D R E D P R O D U C T S
T O T A L N U MB E R O F C A S E S
N U M B E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
47
23
4 310.6
TOBACCO MAN UFACTURES
T O T A L NUMBER OF C AS ES
N U M B E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
1
1
3.0
T E X T I L E M I L L PRODUCTS
T O T A L N U M B E R OF C A S E S
NUMBER C A SE S — V A L U E
VALUE (S M I L L I O N S )
KNOWN
A PP A R EL AND OTHER T E X T I L E PRODUCTS
T O T A L NUMBER OF C AS ES
N U M B E R C A S E S - - V A L U E KNOWN
VALUE (S M IL L I O N S )
7
2
59.9
2
1
30.0
16
10
62.7
2
6
0
731 . 0
1841.0
3
1586.0
1
1
3.0
22
3
11
6 74.5
2
5
3
24.7
5
0
213.0
1
1
3.0
10
6
338.5
1
2
0. 1
1
9.6
1
0
0
0
0
3
1
100.0
4
1
20.0
15.0
N>
O
TABLE V
DI R E C T IN VE ST ME NT DI ST R I B U T I O N BV INDUSTRY GR OU P OF U.S. AF FI L I A T E AND COUNTRY OF FOREIGN PARENT
C O MP L E T E D T R A N S A C T I O N S —
1987
TOTAL
L U M B E R AN D MOOD P R O D U C T S
T O T A L NU MB E R OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
5
32.7
F U R N I T U R E AND F I X T U R E S
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
7
4
13.5
PAPER AND A L L I E D PROD UC TS
T O T A L NUMBER OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
P R I N T I N G AN D P U B L I S H I N G
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E
VALUE (S M I L L I O N S )
8
13
8
CANADA
365.0
200.0
C H E M I C A L S AN D A L L I E D P R O D U C T S
T O T A L NU MB E R OF C A S E S
NUMBER C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
80
34
8791.2
7
5
30.4
UNITED
KI NGDOM
1
1
3.0
3
1
2.0
14
4
3111.5
4 .6
1
1
2
172. 2
4
2
16.4
2
2
45.4
6
8229.3
3.2
2
29
11
672. 1
2
3
2
143.6
625.0
1
11
8
84.5
3
1
3 1:Q0. 0
4
2
26.5
1
1
226.0
26
3
1
2
9.14. 3
12.0
50.0
1
6
3
16.0
4
2
226.4
4
7
7
628.8
15.0
12
7
3 22.5
8
3
1526.2
1
1
7992.0
4
3
191.9
5
1
20.0
4
2
4.5
2
1
57 .9
5
2
65 .9
ALL
OTHER
1
0
0
3
10.4
1
10
12
SWITZERLAND
5
1
2
3
S T O N E , C L A Y , AND G LA SS PRODUCTS
T O T A L NUMBER OF C A S E S
NU MB E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
NETHERLANDS
2
3
12
863 . 2
L E A T H E R AND L E A T H E R P R O D U C T S
T O T A L NUMBER OF C A S E S
NU MB E R C A S E S - - V A L U E KNOWN
VAL UE (% M I L L I O N S )
JAPAN
5
3
10.3
1000.0
27
14
877.6
28.0
0. 1
21
RUBBER AND M I S C . P L A S T I C S PRODUCTS
T O T A L NUMBER OF C A S E S
NU MB E R C A S E S - - V A L U E KNOWN
VALUE (S M I L L I O N S )
GE R MA N Y
1
1
1
1
KNOWN
P E T R O L E U M A N D C OAL P R O D U C T S
T O T A L NU MB E R OF C A S E S
NUMB E R C A S E S — V A L U E KNOWN
VALUE (S M I L L I O N S )
FRANCE
6
4
786.0
1
1
1
8.0
8
3
50.3
V
table
DI R E C T I N VE ST ME NT DI ST R I B U T I O N BY INDUSTRY GROUP OF U.S. AF FI LI AT E AN D COUNTRV OF FOREIGN PARENT
COMP LE TE D TRANSA CT IO NS -- 1907
PRIMARY METAL IN D U S T R IE S
T O T A L NU MB E R OF C A S E S
N U MB E R C A S E S - - V A L U E
VALUE ( 5 M I L L I O N S )
F A B R I C A T E D METAL PRODUCTS
T O T A L NU MB E R OF C A S E S
N UMBE R C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
KNOWN
TOTAL
CANADA
22
16
764.6
2
FRANCE
1
1
1
33 . 0
GERMANY
3
10
too.o
7
121.9
46
15
177.9
49
28
2558.3
M ACHINERY, EXCEPT E LEC TR IC A L
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S - - VA-LUE KNOWN
VALUE ( $ M I L L I O N S )
105
37
2t32.6
8
3
178 . 2
5.0
7
2
32. 1
E L E C T R I C AND E L E C T R O N I C E Q U I P M E N T
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S - - V A L U E KNOWN
VALUE (S M I L L I O N S )
103
53
5636.0
8
5
30 . 5
5
2
870. 0
3
2
18 3 . 0
TRANSPORTATION EQUIPMENT
T O T A L N U MB E R O F C A S E S
N U MB E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
45
27
1467.9
I N S T R U M E N T S AND R E L A T E D P RO DUC TS
T O T A L N U M B E R OF C A S E S
N U M B E R C A S E S - - V A L U E KNOWN
VALUE (S M I L L I O N S )
40
18
1750.9
M I S C E L L A N E O U S MANUFACTURNG I N D U S T R I E S
T O T A L NUMBER OF C A SE S
N U M B E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
T O T A L N U M B E R OF C A S E S
NUMBER C A SE S - - V A L U E
VALUE (S M I L L I O N S )
TRANSPORTATION,
COMMUNICATIONS,
RAILROAD TRANSPORTATION
T O T A L N U M B E R OF C A S E S
NUMBER C A SE S - - V A L U E
VALUE ( $ M IL L IO N S )
KNOWN
U TIL.
3
1
17
3.5
2
3
1
1.1
1
0. 6
15
6
109.7
627
306
38081.9
KNOWN
1
3
2
916.0
36
9
1010.4
UNITED
KI NGDOM
ALL
OTHER
3
2
191.8
5
4
46.5
1
1
112.5
5
3
83.7
3
16
8
627.6
14
5
195.7
2
23
132.5
43
18
4176.7
1
0. 1
1
1
1
12
10
1082.0
4
99 . 7
31
19
1117.7
5
3
292.5
3
2
36.5
13
6
2 18.4
14
8
1220.1
5
6 80.0
310.0
6
3
84.8
57
29
1274.1
SWITZERLAND
420.8
1
8
NETHERLANDS
11
8
72.5
25
14
419.7
JAPAN
256
133
5914.5
1
0
0
12
4
4696.0
20
9
1372.3
1
1
0 .7
18.6
4
2
6.3
108
61
15519.3
95
43
4 118.6
1
ho
N)
T ABLE V
D I RE CT IN VESTMENT DI ST RI B U T I O N BY INDUSTRY GROUP OF U.S. A F F I LI AT E AND COUNTRY OF FORE IGN PARE NT
C O M P LE TE D T R A N SA CT IO NS —
1987
TOTAL
CANADA
FRANCE
GE R MA N Y
JAPAN
NETHER
LANDS
SWITZER
LAND
UNIT ED
KINGDOM
ALL
OTHER
L OC A L & I N T E R U R B A N P A S S E N G E R T R A N S I T
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
T R U C K I N G AND W A R E H O U S I N G
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
12.0
WATER T R A N S P O R T A T I O N
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( % M I L L I O N S )
KNOWN
15
3
30 . 4
KNOWN
9
1
31.8
KNOWN
13
2
30.0
COMMUNICATION
T O T A L NUMBER OF C A S E S
N UMBE R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
5
3
135.5
E L E C T R I C , G A S , AND S A N I T A R Y S E R V I C E S
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
14
6
109.8
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE (S M I L L I O N S )
73
16
349.5
T R A N S P O R T A T I O N BY A I R
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
TRANSPORTATION SERVICES
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
3
1
12.0
7
1
9
2
22.9
1
1
7.5
5
1
31.0
3
1
13.2
2.0
18
2
9.5
1
1
7.5
3
1
126.0
1
1
1
1
16.0
2
2
80.2
4
1
16.0
4
2
80.2
3
1
16.0
4
3
13.6
14
1
126.0
8
4
26.8
22
6
91.0
TABLE
DIRECT
INVESTMENT
D ISTR IB U TIO N
BY
_ —_
L
V
I N D U S T R Y G R O U P OF U. S . A F F I L I A T E
COMPLETED TRANSACTIONS - - 19 87
„
_
CANADA
FRANCE
AND COUNTRY
GERMANY
OF
FOREIGN
NETHERLANDS
JAPAN
PARENT
SWITZERLAND
UNITED
KI NGDOM
ALL
OTHER
WH OLES ALE TRADE
W H O L E S A L E T R A D E - D U R A B L E GOODS
T O T A L NUMBER OF C A S E S
NU MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
3 3 1 . (J
29.5
W H O L E S A L E T R A D E - N O N D U R A B L E GOODS
T O T A L NU MB E R OF C A S E S
NU MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
39
15
4 58.4
0
0
T O T A L NU MB E R OF C A S E S
NU MB E R C A S E S — V A L U E KNOWN
VALUE ( S M I L L I O N S )
k E TA I L
101
5
140
43
7 9 0.0
0
20.0
5
ft
2
2 5 4.3
1
5.0
4
13
5
25.0
169.3
O
i
Q
4
3
0
80.8
59.4
5
0
23
25
250.1
69.0
6
1
38.9
9.6
l
0
38.9
56
7
123.2
1
0
2
1
20.0
1
1
0
16
12
nn
103.2
4
7
2
25 4 .3
5
13
9
0
7
1
-t1
2
0
0
0
0
1
3 84.0
0
5
0
0
0
0
29
3
0
2
0
0
0
0
0
0
4
0
22.5
0
1
0
0
2
8
0
0
0
0
0
7
0
0
0
12.5
4
1
0
1 0
02
02
1
0
0
0
0
1
0
0
0
0
0
0
2
0
0
1
0
0
Q
0
0
0
0
1
384.0
0
0
0
3
1
0
149.2
0
1
0
0
0
0
0
0
0
0
1
0
0
1
0
2
0
0
0
0
0
7
3
0
0
0
0
0
0
6 20.7
0
0
0
1
0
0
1.0
0
0
0
6
1
FOOD S T O R E S
T O T A L N U MB E R O F C A S E S
N U M B E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
A P P A R E L AND A C C E S S O R Y STOR ES
T O T A L N U M B E R OF C A S E S
N U M B E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
4
4
^
GENERAL M E R C H A N D I S E STORES
T O T A L N U MB E R O F C A S E S
NU MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
AUTOMOTIVE OEALERS & S ER V IC E S TA TIO N S
T O T A L N U M B E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
0
0
5
2
29.5
48
8
2
TRADE
B U I L D I N G M A T E R I A L S & GARDEN S U P P L I E S
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
3
28
1
0
47 1 .5
0
0
1
5
1
0
0
10
0
TABLE V
D I RE CT I N V E ST ME NT D I S T R I B U T I O N BY INDUSTRY G R OU P OF U.S. A F F I L I A T E A N D COUNTRY OF FOREIGN PARENT
CO MP L E T E D T R A N S A C T I O N S —
1987
TOTAL
F U R N I T U R E AND HOME F U R N I S H I N G S S T O R E S
T O T A L NUMBER OF C A S E S
N UMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
E A T I N G AND D R I N K I N G P L A C E S
T O T A L NUMBER OF C A S E S
N UMBE R C A S E S
VALUE (S M I L L I O N S )
MISCELLANEOUS R E T A IL
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
FINANCE,
INSURANCE,
KNOWN
AND R E A L
BANKING
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
CREDIT
AGENCIES
OT H E R
--
VALUE
6
2
32.9
25
KNOWN 6
6.0
1
0
0
FRANCE
0
1
0
JAPAN
0
0
0
0
0
0
0
GE R MA N Y
0
0
0
0
0
NETHERLANDS
0
0
0
16
5
SWITZERLAND
0
0
1
1
0
0
0
0
0
ALL
OTHER
UNITED
KI NGDOM
4
4
0
1 .9
0
0
0
4.1
0
17
4
2 20.6
1
0
0
4
0
0
0
0
0
2
2
15.6
1
0
0
2
1
105.0
5
1
100.0
97
20
1287.7
6
0
0
10
0
0
6
1
149.2
1
0
4
1
105.0
21
5
985.9
13
6
1660.9
0
0
0
0
0
0
0
0
0
28
9
32.2
0
KNOWN
B A N KS
T O T A L NUMBER OF C A S E S 3
KNOWN
1
30.0
6
1
15.0
0
0
0
0
0
1
1
0
820.0
0
0
0
0
0
0
0
0
0
0
0
0
2
1
30.0
0
3
2
808.3
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
1
0
0
0
T O T A L NUMBER OF C A S E S 3
KNOWN
1
30.0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
4
0
0
0
3
0
0
0
4
825.9
1
0
0
0
0
6
0
0
0
0
0
CARRIERS
1
ESTATE
S E C U R I T Y , C O M M O D I T Y BROKERS & S E R V I C E S
T O T A L NUMBER OF C A S E S
10
NUMBER C A S E S — V A L U E KNOWN 2
VALUE ( $ M I L L I O N S )
8 0 0.3
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
1
2.5
0
0
4
30.4
THAN
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
INSURANCE
CANADA
0
0
1
30.0
TABLE V
DI RE CT INVE ST ME NT D I S T RI BU TI ON BY INDUSTRY GROUP OF U.S. AFFILIATE AND COUNTRY OF FOREIGN PARENT
CO MP LE TE D TR AN SA CT IO NS —
1987
___
TOTAL
I N S U R A N C E A G E N T S , BROKERS & S E R V I C E
T O T A L N UMBE R OF C A S E S
N U MB E R C A S E S - - V A L U E KNOWN
VALUE ( S M I L L I O N S )
REAL E ST A TE
T O T A L N UMBE R OF C A S E S
N U MB E R C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
„
^
CANADA
FRANCE
GE RMANY
J APAN
NETHERLA N D S
SWITZERLAND
5.7
5 .
1
1.
T. 3
T O T A L NUMB E R OF C A S E S
N U MB E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
ALL
OTHER
6
KNOWN
H O L D I N G AND O T H E R I N V E S T M E N T O F F I C E S
T O T A L NU MB E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
UNITED
KI NGDOM
1
1
9
5
344 . 9
15.0
45
17
288 1 . 1
T5 . 0
23
20
1977.0
3
3
44. 3
112
6
67 . 5
1
1
16
4
053.3
6
4
894 . 5
4
3
262.4
20
8
1118.3
SERVICES
H O T E L S AN D O T H E R L O D G I N G P L A C E S
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
PERSONAL S E R V IC E S
T O T A L N U MB E R OF C A S E S
NUMBER C AS ES - - V A L U E
VALUE (S M I L L I O N S )
BUSINESS SERVICES
T O T A L N U M B E R OF C A S E S
NUMBER C A SE S - - V A L U E
VALUE ( $ M I L L I O N S )
2
2
1393.7
177 . 0
6
5
362 .0
KNOWN
KNOWN
A UTO R E P A I R , S E R V I C E S . AND GARAGES
T O T A L N U MB E R OF C A S E S
N U M B E R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L IO N S )
11
10
30
3691.0
1
42 . 5
6
527.0
26
3
40.7
5
5
2.0
9 .3
}
1
52
19
3034.5
10
4
35.0
ro
O'
TA BL E V
DI R E C T INVEST ME NT DI ST R I B U T I O N BY INDUSTRY G R OU P OF U.S. A F F I LI AT E AND COUNTRY OF FOREIGN PARENT
CO MP L E T E D T R A N S A C T I O N S —
1987
KNOWN
CANADA
11
5
69 . 3
5
HEALTH SERVIC ES
T O T A L NUMBER OF C A S E S
N UMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
7
4
41.5
T O T A L N UMBE R OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
34 .
3
1
0.5
30 .
3
3
17.0
3
2
11.0
1
1 .8
1 .8
KNOWN
KNOWN
KNOWN
A D M I N I S T R A T I O N OF E C O N O M I C PROGRAMS
T O T A L N UMBE R OF C A S E S
N UMBE R C A S E S - - V A L U E KNOWN
VALUE ( $ M I L L I O N S )
1
1
2.4
1
1
5 .5
2
1
5.5
164
64
5803.1
18
8
129.8
2
0
0
0
0
0
0
0
0
0
6
44
16
1451.4
6
1
527 .0
0
0
0
0
0
6
2
11.1
1
2 .0
1
0
12
46 1 . 9
0
0
0
22
60
24
3219.9
0
0
oo
MISCELLANEOUS SERVICES
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
32 . 0
ALL
OTHER
oo
EDUCATIONAL SERVICES
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
2
1
1
KNOWN
UNITED
KINGDOM
oo
LEGAL S E R V IC E S
T O T A L N UMBE R OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
SWITZER
LAND
——o
4
3
17.0
NETHER
L ANDS
JAPAN
GE R MA N Y
oo
A M U S E M E N T 8. R E C R E A T I O N S E R V I C E S
T O T A L NUMBER OF C A S E S
NUMBER C A S E S — V A L U E KNOWN
VALUE ( $ M I L L I O N S )
FRANCE
04 &
MOTION PIC TURES
T O T A L N UMBE R OF C A S E S
NUMBER C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
TOTAL
1
0
0
0
0
table
V
DI RE CT INVESTMENT D I S T R I BU TI ON BV INDU STRY GROUP OF U.S. AFFILIATE AND COUNTRY OF FOREIGN PARENT
COMPLETED TRANSA CT IO NS —
1907
CANADA
FRANCE
GERMANY
JAPAN
NETHER
LANDS
SWITZER
L AND
UNITED
K I NG D O M
OTHER
108
78
5363.5
6
4
232.4
3
2
20.5
5
4
25.4
65
50
4279.1
2
2
195.0
1
1
6.0
10
6
239.9
16
9
365 . 2
1328
588
58126.4
12 1
54
1811.3
69
18
1984.0
77
32
4488.1
490
235
12998.7
36
11
5107.9
37
13
1494.4
248
1 17
21244.8
250
108
8997.2
TOT AL
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
V AL UE ( $ M I L L I O N S )
ALL
KNOWN
REAL PROPERTY
T O T A L NUMBER OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
uRAND TOTAL
T O T A L N U MB E R OF C A S E S
NU MB E R C A S E S — V A L U E
vALUE ( $ M I L L I O N S )
KNOWN
Ni
OO
I
MODE OF INVESTMENT TRANSACTION
Foreign direct investment transactions can be classified Into various
modes relating to type and characteristics. For the purposes of the
OTIA transaction monitoring program, the modes of investment used are
o
o
o
o
o
o
Acquisitions/mergers;
Equity increases;
Joint ventures;
New plants and plant expansions;
Real property (purchases of real estate, except private homes
and agricultural land);
All others (including branches, agencies, representative
offices, stores, outlets, warehouses, and unidentified
transactions).
Appendix 0 defines these and other terms used 1n this report.
In 1987, acquisitions/mergers, real property transactions, and new
plant activity were the leading forms of Investment activity 1n terms
of the number of transactions. Acquisitions/mergers accounted for
547 of the transactions identified during 1987, new plant activity
for 164, and real property accounted for a further 108. Together
these three modes accounted for 819 transactions, 62 percent of the
total.
Table VI shows the modes of investment by principal source country.
TABLE VI
MODE OF I N V E S T M E N T BY
S OURCE C OU N T R Y
COMPLETED TRA NSA CTI ONS — 1 9 8 7
TOTAL
A L L MODES
TOTAL
ALL
ACQUISITIONS
& MER GE R S
EQUITY
JOINT
NEW
PL AN T
R EA L
OT H E R
INCREASES
VENTURES
PLANTS
EXPANSION
ESTATE
MODES
108
79
5393.3
280
47
1011.8
COUNTRIES
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S - - V A L U E
VALUE (S M I L L I O N S )
KNOWN
1328
588
58126.4
547
277
33764.8
63
33
13505.0
99
33
951 .3
164
90
2247.9
67
29
1252 . 3
121
4
3
36 7.0
4
232.4
-3
20.5
4
1
70.0
3
2
20.5
16
1
527.0
4
1
16
5
19
0.2
238.4
15.0
5
4
25.4
59
24
813.9
95
54
1705.8
43
19
7 19.3
CANADA
T O T A L N U MB E R OF C A S E S
N U MB E R C A S E S — V A L U E
VALUE (S M I L L I O N S )
KNOWN
66
8
6
10
54
1811.3
29
9 97.0
3
24.8
3
53.8
6
69
18
1984.0
33
2
1342.6
3 .4
77
32
4488.1
25
9
4146.9
3
2
28 . 2
490
235
12998.7
97
65
5255.2
8
36
11
5107.9
20
7
4194.0
37.0
6
2 1
6
99.3
FRANCE
T O T A L N U MB E R OF C A $ £ S
N U MB E R C A S E S - - V A L U E
VALUE ( $ M I L L I 0 N 5 )
KNOWN
8
1
10
GERMANY
T O T A L N U M B E * OF C A SE S
N U M B E R C A S t S — V A L U E KNOWN
VALUE ( * M I L L I O N S )
8
2
6
34.0
JAPAN
T Q T A L N U MB E R OF C A S E S
N U MB E R C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
1
1. 7
66
51
4308.9
NETHERLANDS
T O T A L N U M B E R OF C A S E S
NUMBER C A S E S - - V A L U E
VALUE ( $ M I L L I O N S )
KNOWN
2
2
718.9
2
2
195 .0
122
21
193.9
V>J
o
TABL E VI
MODE OF I N V E S T M E N T BY
S OU R CE C O U N T R Y
COMPLETED T R A N SA C TI ON S ~ 1 9 0 7
TOTAL
ACQUISITIONS
A L L MODES
& MERGERS
EQUITY
NEW
JOINT
INCREASES
VENTURES
PLANTS
PLANT
REAL
OTHE R
EXPANSION
ESTATE
MODES
SWITZERLAND
20
2
37
13
1494.4
7
11 4 1 . 6
KNOWN
248
1 17
21244.0
173
92
12314.3
8408.0
20.0
T O T A L NUMBER OF C A S E S
N U MB E R C A S E S — V A L U E KNOWN
VALUE (S M I L L I O N S )
250
108
0997.2
1 13
58
4373.2
30
16
3920.7
17
4
63.4
UNITED
3
2
6.0
27.5
319.3
KINGDOM
T O T A L NU MB E R OF C A S E S
N U MB E R C A S E S - - V A L U E
V A L U E CS M I L L I O N S )
OTHER
1
1
7
KNOWN
T O T A L NUMBER OF C A S E S
NU MB E R C A S E S — V A L U E
VALUE ( $ M I L L I O N S )
8
6
6
1
50.0
239.9
36
4
17.6
4
16
9
365.2
55
9
140.0
12
4
9
6
2
6
115.0
SOURCE C O U N T R I E S
15
10
103.7
2
3 1.0
-
32
-
LOCATION OF INVESTMENT BY STATE
Foreign direct Investments were Identified In 48 sJates’
*
the District of Columbia, the Virgin Is1ands*.and.Gua?-d^ ^ n J nf
year <see Table VII), with six states accounting for 53 percent of
the total. California and New York, the leading states for the
previous 3 years, again attracted the most investments w th 244 and
163 respectively. They were followed by Texas (61), Ohio and New
Jersey (57 each), and Illinois and Georgia (55 each). (Figure 4.)
Figure 4
NUMBER OF INVESTMENTS BY S T A T E
1987
NEW YORK 1 6 3
,
TEXAS 61
NEW JERSEY 5 7
OHIO 5 7
CALIFORNIA 2 4 4
GEORGIA 5 5
ILLINOIS 5 5
ALL OTHERS 6 3 7
TO TAL 1 3 2 9 = 100%
A slightly different picture emerges based on dollar values. Based
on the transaction values Identified, New York was the leading
recipient with $14.1 billion, followed by Ohio ($10.2 billion),
California ($5.3 billion), and Connecticut ($4.5 billion).
TABLE
V II
-
STATE
LOCATION
OF
FOREIGN
INVESTMENTS
-
1987
N U MB E R
OF C A S E S
N U MB E R C A S E S /
V A L U E KNOWN
VALUE
($ M ILLIO N )
TOTAL
13 2 8
580
58126.4
ALABAMA
15
9
22 5 .6
6
1
10.0
14
10
701 . 6
A
2
93.8
244
109
5267.4
COLORADO
20
8
CONNECTICUT
25
13
4507.3
9
4
1575.0
D I S T . -COLUMBIA
12
7
48 3 .6
FLORIDA
43
24
1157.0
GEORGIA
55
31
642 . 2
STATES
ALASKA
ARIZONA
A RK AN SA S
CALIFORNIA
DEL AWARE
GUAM
1
1
146. 1
126.0
30
21
402.8
I L L I NOIS
55
18
1630.0
INDIANA
35
23
2055.7
I OWA
4
1
69 . 0
K AN SA S
7
3
599.5
21
14
392. 3
LOUISIANA
8
8
348 . 1
M A I NE
5
1
16.0
MARYLAND
12
3
07 . 3
MASSACHUSETTS
42
16
9 94.0
MICHIGAN
42
12
166. 7
MINNESOTA
16
8
1406.3
HAWAIr
IDAHO
KENTUCKY
T A BL E VII
STATES
- STATE L O C A T I O N OF F O R E I G N I N V E S T M E N T S - 1907
NUMB E R
OF C A S E S
NUMBER C A S E S /
V A L U E KNOWN
VALUE
£$ M I L L I O N )
6 07.4
M ISSOURI
7
3
MONTANA
1
1
NEBRASKA
4
0
10
4
241.0
4
2
104.8
NEW J E R S E Y
57
13
1054.5
NEW M E X I C O
2
NEVADA
NEW H A M P S H I R E
NEW Y O R K
NORTH
CAROLINA
0
163
59
14080.9
52
18
1131.3
1
NORTH DAKOTA
OHIO
0.2
57
0
34
10184.8
9
3
9 26 .0
OREGON
27
11
2 7 0 .0
PENNSYLVANIA
29
9
487. 1
1
1
100.0
7
3
233,7
14
7
139 .6
TENNESSEE
30
15
278 .4
TEXAS
61
30
1006.4
OK L A H O M A
PUERTO
RICO
RHODE
ISLAND
SOUTH
CAROLINA
SOUTH
DAKOTA
U N K N O WN
1
0
UTAH
4
1
VERMONT
2
0
V IR G IN IA
23
8
26 5.8
WASHINGTON
20
10
8 2 3 .5
V IR G IN
1 .8
ISLANDS
WEST VIRGINIA
2
1
40. 0
TABLE
ctatcc
WISCONSIN
WYOMING
V II
-
STATE
LOCATION
NUMBER
OF C A S E S
OF
FOREIGN
INVESTMENTS
NUMBER C A S E S /
V A L U E KNOWN
-
19S7
VALUE
($ M ILLIO N )
2817.9
- 37 -
MAJOR SECTORAL DEVELOPMENTS
The following section focuses on major investment transactions trends
in the more active industrial sectors during 1987.
Metal Mining (SIC 10)— Technological advances, rising prices and
falling output from overseas producers were all factors in the rise
In U.S. gold production In 1987. The copper Industry also recovered
strongly thanks to new technology, reductions In the work force,
worldwide demand and sharply higher copper prices. Attracted by
these developments, foreign investors increased their activity In
this sector almost 36 percent over 1986. (Figure 5.) Thirteen of 19
completed transactions Identified had a total value of $2.3 billion,
more than four times greater than that of the previous year.
The two major transactions, which accounted for more than 90 percent
of the total value, reflected the Interest of foreign Investors in
the gold and copper Industries. The largest was the equity Increase
by Consolidated Gold Fields PLC, a London-based mining concern, 1n
Newmont Mining Corp., headquartered In New York, with both gold and
copper mining Interests. In a protracted takeover battle with
Ivanhoe Partners, led by T. Boone Pickens, Consolidated Gold Fields
purchased 15.8 million common shares of Newmont Mining in the open
market over a 2-day period In what Is called a street sweep. These
purchases, which totalled more than $1.5 billion, Increased the
British mining firm's holdings 1n Newmont to 49.7 percent from 26.2
percent and enabled Newmont to fend off Ivanhoe Partners' hostile
bid. Consolidated Gold Fields is 28 percent held by Minerals and
Resources Corp. Ltd., known as Mlnorco, a Bermuda-based holding
company, Itself controlled by Anglo-American Corp. of South Africa
Ltd. Harry F. Oppenhelmer and his family are beneficial owners of
Anglo-American Corp.
The second largest transaction was the $551 million acquisition of
St. Joe Gold Corp. and other gold properties from Fluor Corp. by
Dallhold Investments Pty Ltd. of Perth, Australia. The Dallhold
Group, which is the second largest gold producer in Australia, 1s
controlled by Alan Bond and his family. St. Joe Gold Corp., based in
Clayton, Missouri, has 1,700 employees and is the sixth largest gold
producer 1n North America.
The increased activity in the metal mining sector was also reflected
1n the types of Investments made in 1987. Ten Investments were 1n
the gold mining subsector. There were three Investments 1n both the
copper and silver subsectors, two In Iron and one 1n the lead/zinc
subsector.
In 1987 four source countries accounted for almost 85 percent of the
Investments in the metal mining sector. For the third year In a row,
Canada was the principal source country; It accounted for 10
transactions. Australia, South Africa, and the United Kingdom each
had two transactions.
-
38
-
Nevada was the state that accounted for most of the transactions in
this sector— five. Alaska had three and Utah had two transactions.
Figure 5
NUMBER OF INVESTMENTS IN
THE METAL MINING INDUSTRY,
1983-87
NUMBER OF INVESTMENTS
20
16
12
1983
1984
1985
19Q 6
1987
- 39 -
011 and Gas Extraction (SIC 13)— In 1987 with U.S. demand growing at
only one percent a year and crude oil prices at between $15 and $18
per barrel, U.S. oil and gas exploration activity Increased only
slightly from the depressed levels of 1986. The number of foreign
direct Investment transactions In 1987 declined from 1986's record
low. (Figure 6.) There were 23 transactions identified; 18 of them
had an aggregate value of $634.9 million. This is the first time
since 1980 that the total value in the oil and gas extraction sector
has fallen below $1 billion.
Three transactions accounted for more than 50 percent of the total
value. The largest was the acquisition of Texas International Co.'s
oil and gas reserves by Mlnatome Corp. for $120 million. The
properties, located primarily in Louisiana and Texas, comprise 13
million barrels of proven oil reserves and 65 billion cubic feet of
proven natural gas reserves. Houston-based Minatome is a subsidiary
of Total Compagnie Francai se des Petroles, the Paris-based oil, gas,
and minerals concern controlled by the Government of France.
Two investments, both by Nippon Oil Co. Ltd. of Tokyo, tied for
second place. The first was a joint venture with Chevron USA to
explore and develop 50 oil and gas wells across the United States.
Nippon Oil contributed $100 million to the venture, some of It
provided by the Japanese Government through Japan National 011 Corp.
Nippon Oil also established a joint venture with Texaco USA to
explore outer continental shelf leases held by Texaco In the Gulf of
Mexico. Again, Nippon Oil Invested $100 million to cover the costs
of the project, part of which was financed by Japan National 011
Corp. This is the second joint drilling venture between Texaco and
Nippon 011. The first one was established in March 1986 and has
since resulted in discoveries in North Dakota's Wllliston Basin,
Colorado's Paradox Basin, and Texas'. Permian Basin.
Nippon 011 Co., Japan's largest oil refiner and marketer, has had a
long-standing relationship with both Chevron and Texaco. The U.S.
firms jointly own Caltex Petroleum Corp., which markets oil
throughout Asia. Nippon Oil buys 50 percent of its crude from
Caltex, which has a 25 percent share of the Japanese firm's refinery
operations.
There were six principal source countries In 1987. Australia, Japan,
the Netherlands and the United Kingdom each accounted for three
investments. Belgium and France each had two Investments. Five
Investments were made by companies owned or controlled by the
governments of Brazil, Finland, France (two) and Japan.
The most prominent corporate investors in the oil and gas extraction
sector 1n 1987 were the Royal Dutch Shell Group of the Netherlands,
through Its U.S. subsidiary Shell 011 Corp., with three investments
and Japan's Nippon 011 Co. Ltd. with two Investments.
There were three types of Investments 1n the oil and gas extraction
sector. Thirteen of them were acquisitions. There were also five
joint ventures and five equity Increases. The oil and gas
-
40
-
exploration and development subsector (SIC 1311) attracted the most
investment; there were 19 transactions. Oil and gas field
exploration services (SIC 1382) and oil and gas field services (SIC
1389) each had two transactions.
Geographically, Texas was the state with the most Investments in this
Industry— 11, while Colorado and Louisiana each had 5 Investments.
The two remaining Investments were in California and North Dakota.
Figure 6
NUMBER OF INVESTMENTS IN
THE OIL & GAS EXTRACTION INDUSTRY,
NUMBER OF INVESTMENTS
1983“87
SO
70
60
50
40
30
20
10
0
1983
1984
1985
1986
1987
-
k ]
-
NonmetalUc Minerals, except Fuels (SIC 14)— Increased Interest In
the U.S. construction sand and gravel Industry resulted In a 50
percent Increase of foreign direct Investment In the nonmetal 11c
minerals sector 1n 1987. (Figure 7.) Four of the six completed
transactions Identified had a total value of $449.4 million, almost
three times greater than the 1986 total.
Two major transactions accounted for nearly 75 percent of the value.
The largest was the $242 million acquisition of American Aggregates
Corp. by Consolidated Gold Fields PLC of London. Based In
Greenville, Ohio, American Aggregates Is engaged In the mining,
processing, and sale of sand, gravel, limestone, and other
aggregate-s. Consolidated Gold Fields, also the largest corporate
Investor In the U.S. metal mining sector In 1987, 1s 28 percent owned
by Mlnorco, a Bermuda-based holding company controlled by
Anglo-American Corp. of South Africa Ltd., of which Harry F.
Oppenhelmer and his family are beneficial owners.
The second major transaction was the acquisition of 19.2 percent of
Calmat Co. for $110.4 million by Industrial Equity (Pacific) Ltd., a
Hong Kong-based Investment firm controlled by Brlerley Investments
Ltd. of Wellington, New Zealand. Brlerley Investments, New Zealand's
largest company with assets of $7 billion, is controlled by a group
of investors headed by Ronald A. Brlerley. Calmat, with headquarters
in Los Angeles, California, produces construction sand and gravel,
cement and concrete.
Two countries accounted for two-thirds of the investments in the
nonmetal lie minerals sector. Both the United Kingdom and South
Africa each had two transactions, while Ireland and New Zealand each
had one transaction. Construction sand and gravel, the most
attractive Industry, accounted for four transactions, all of which
were acquisitions. One transaction in the kaolin and ball clay
industry was a plant expansion; one peat mining transaction was a new
subsidiary.
-
kl
-
Figure 7
NUMBER OF INVESTMENTS IN
THE NONMETALLIC MINERALS INDUSTRY
NUMBER OF INVESTMENTS
19 8 3 8 7
“
- 43 -
Food and Kindred Products (SIC 20)— The U.S. food Industry, from
distribution to production, 1s rapidly becoming internationalized,
thus becoming a magnet for foreign Investors. The decline of the
U.S. dollar and the openness of our economy were major factors
attributing to the surge of foreign direct investment in the food and
kindred products industry, resulting in an 83 percent increase in the
total number of transactions in 1987. (Figure 8.) OTIA identified
47 completed transactions, with 23 values totalling $4.3 billion,
while in 1986 there were 39 completed cases and values totalling $1.7
bi11 ion.
With acquisitions being the most popular mode of investments, foreign
companies invested $4.2 billion (98 percent of total value) in 29
U.S. food makers and processors, 7 new plants/expansions, 5 new
outlets, 4 joint ventures, and 2 equity Increases.
The major industrialized countries continue to be the source of most
investment activity; Japan had 16 transactions, the United Kingdom
and Canada, seven each. France had five transactions, the
Netherlands, Switzerland, and West Germany had two apiece. These
countries accounted for 87 percent of the total transactions 1n 1987.
In the foods sector, foreign direct Investment were reported In 21
states. Two states, California (11 transactions) and New York (6),
accounted for 36 percent of the total transactions. The remaining
transactions were scattered throughout the eastern half of the United
States.
In 1987, as wine Imports dwindled, foreign companies found it more
enticing to Invest in the U.S. alcoholic beverages subsector (SIC
2082-3-4), and made 14 Investments totalling $3.1 billion. As
unsuccessful owners bowed out of the industry, foreign companies
Invested 1n five wineries In California, acquiring some of the
country's most prestigious labels.
Two $1.2 billion transactions accounted for more than 55 percent of
the total value in the foods industry. Australian magnate Alan Bond,
through Bond Corp. Holdings Ltd., paid $1.2 billion for a 91 percent
Interest 1n G. Heileman Brewing Company. Helleman, headquartered In
LaCross, Wisconsin, 1s the nation's fourth largest brewer. The Bond
Corp. 1s also a leading Australian brewery.
Grand Metropolitan's long range strategy to enhance its position as
one of the leading wines and spirits companies in the world led to
the purchase of two major companies, thereby Increasing Its share of
the U.S. market to well over 13 percent. Grand Metropolitan, a
British hotel and beverage conglomerate, acquired Heublln Inc.,
Farmington, Connecticut, for $1.2 billion. Heublln 1s the United
States' second largest producer of wines and spirits. Almaden
Vineyards Inc., a San Jose, Californiabased wine maker, was also purchased by Grand Metropolitan for $128
million.
-
H
-
Another large transaction by a British company in the industry was
the $480 million acquisition of Schenley Industries Inc., New York,
by Guinness PLC.
In the foods sector, Jacobs Suchard AG, Switzerland, which is rapidly
expanding its chocolate manufacturing base In Europe and the United
States, paid $730 million for E. J. Brach and Sons. Brach,
headquartered in Chicago, Illinois, Is also known for its candy and
other confectionery products. Suchard is owned by Colima Holding AG,
a Swiss investment company.
Figure 8
NUMBER OF INVESTMENTS IN
THE FOODS INDUSTRY,
1983-87
NUMBER OF INVESTM ENTS
60
50
40
30
20
10
-
1983
1984
1985
1986
1987
- 45 -
Textile Hill Products (SIC 22)— The textile Industry is one of the
most competitive in the world, and the U.S. Industry has experienced
numerous consolidations and plant closures, and the loss of more than
300,000 jobs since 1980. Under present economic conditions, it is
attractive to foreign investors.
For the first time since 0TIA began monitoring foreign Investment,
the textile mill industry experienced more than a 100 percent
increase In the total number of transactions and a fivefold Increase
in total value. (Figure 9.) In 1987, 0TIA recorded 22 transactions,
with 11 known values totalling $674.5 million, as opposed to 8
transactions with 3 values aggregating $115 million in 1986.
Ten East Coast states were recipients of the 22 transactions
identified in the textile industry. South Carolina led with six
transactions representing more than one-quarter of the total number
of transactions.
TNS, one of the largest industrial Investors In South Carolina and a
subsidiary of Tsuzukl Spinning Company Ltd. of Japan; built a $65
million spinning and weaving plant in Gaffney, South Carolina;
expanded Its Spartanburg and Blacksburg, South Carolina; and
established a $25 million cotton and cotton-blend yarns plant 1n
Eufaula, Alabama.
A Belgian-based multinational yarn company, Beaulieu Tufting N.V.,
built a $20 million yarn plant in Bridgeport, Alabama.
Establishment of new plants or expansions (10) were the most active
mode of Investment followed by acquisitions (8), joint ventures (2),
and new outlets (2).
The three largest transactions accounted for more than 77 percent of
the total value identified In the textile mill products Industry.
Toray Industries Inc., a leading manufacturer of synthetic fibers,
made the first major Japanese Investment in Rhode Island, opening a
$213 million plant there.
To pay off or reduce debt incurred during the attempted hostile
takeover of Burlington Industries by New York investor Asher Edelman
and Dominion Textiles, Burlington had to divest some of its operating
units. Burlington sold its state-of-the-art denim plant in Erwin,
North Carolina to Dominion Textile Inc. of Montreal, Canada for $205
million. The purchase makes Dominion one of the top denim
manufacturers in the country.
A multinational British textiles and chemicals company, Courtaulds
PLC, paid $100 million for Martin Processing Inc. of Martinsville,
Virginia.
- 46 -
Figure 9
NUMBER OF INVESTMENTS IN
THE TEXTILE MILL PRODUCTS INDUSTRY,
NUMBER OF INVESTMENTS
1 9 8 3 - 8 7
30
25
20
15
10
5
0
1983
1984
1985
1986
1987
-
hi
-
Paper and Allied Products (SIC 26)— The U.S. paper and allied
products Industry enjoyed an upswing In 1987. Cost-cutting and
higher prices Increased activity, while a weaker dollar made the
industry much more competitive In International paper markets.
Foreign investors found the U.S. paper Industry more attractive and
investment rose 18 percent over the 1986 level. (Figure 10.) There
were 13 transactions Identified. Eight of them had values that
totaled $1 billion, a record sum for this industry.
Three transactions accounted for almost 76 percent of the value
figure for this industry. The largest transaction was a $350 million
expansion and modernization of Blandin Paper Co. of Grand Rapids,
Minnesota by Its Canadian parent company, British Columbia Forest
Products Ltd. The Vancouver-based firm is controlled by Noranda
Mines Ltd., which is Itself controlled by Edward and Peter Bronfman
through their holdings in Brascan Ltd. of Toronto.
The second largest transaction was the $226 million acquisition of
Rexham Corp., a Charlotte, North Carolina packing materials and
machinery company, by Bowater Industries PLC of London. This British
industrial holding company with Interests in packaging, timber
products, building materials, and freight services, became Rexham
Corp.'s "white knight" In Its attempts to resist a hostile bid by the
Asher B. Edelman Investment group.
The third largest investment was the $212 million acquisition of
Georgia Craft Co.'s llnerboard mill In Macon, Georgia by Pratt
Holdings Pty Ltd., an Australian forest products company based In
Melbourne. Pratt also has Interests In three corrugating factories
1n the United States.
There were four primary source countries in 1987. Canada and Sweden
each had three Investments, while Switzerland and West Germany
together accounted for another four Investments. Six of the
Investments were acquisitions. Joint ventures (two) and plant
expansions (two) were the next most frequent modes of Investment.
Investments were primarily In four industry subsectors: 2611-paper
mills (three); 2-631-paperboard mills (three); 2641-paper coating and
glazing (two); and 2645-dle-cut paper, paperboard, and cardboard.
48
-
Figure 10
NUMBER OF INVESTMENTS IN
THE PAPER INDUSTRY*,
NUMBER OF INVESTMENTS
1983-87
20
16
-
12
-
8 -
1983
1984
1985
1986
‘ INCLUDES ALLIED PRODUCTS
1987
- 49 -
Printing and Publishing (SIC 27)— In 1987 the printing and publishing
industry, despite a year of robust Investment activity, experienced
almost a 73 percent decline In foreign investment from the record
high levels of 1986. (Figure 11.) Twenty-one transactions were
Identified; 16 of them had an aggregate value of $863.2 million.
Robert Maxwell, chairman of Maxwell Communication PLC and a major
Investor 1n 1986, accounted for two of the three largest investments
recorded 1n this industry. Both of them were In the commercial
printing Industry. The first and largest investment was the
acquisition of Diversified Printing Corp. of New York from Parade
Publications Inc. for about $350 million. The other, which was the
third largest investment, was the acquisition of Alco Gravure Inc., a
Rochelle Park, New Jersey commercial printer, for about $77.5
million. With this purchase, Maxwell Communication became the second
largest commercial printer in the United States. In 1986 and 1987
Maxwell Communication (formerly British Printing & Communication
Corp. PLC) acquired four U.S. commercial printers for more than $600
million.
However, not all Maxwell Investments were concluded successfully In
1987. The attempted acquisition of Harcourt Brace Jovanovlch Inc.,
the publishing and entertainment company, for $1.7 billion failed
when the Orlando, Florida-based firm successfully undertook a $3
billion recapitalization, effectively blocking Maxwell's bid.
A second prominent Investor was Canadian publisher Kenneth R.
Thomson. Thomson Newspapers Inc., the Des Plaines, Illinois
subsidiary of Thomson Newspapers Ltd. of Toronto, accounted for two
transactions, Including the second largest Investment In the printing
and publishing Industry in 1987. This was the acquisition of four
daily newspapers in North Carolina and West Virginia from Clay
Communications Investors Corp. for about $200 million. This
transaction brought the number of Thomson-owned newspapers 1n the
United States to 102.
Two source countries accounted for more than half of the Investments
In this Industry sector. The United Kingdom, as In 1986, ranked
first with Seven transactions. Japan, not noticeably active 1n this
area until 1987, was In second place with four transactions.
Australia, another new investor source country in this sector, had
three transactions as did Canada.
The two primary forms of Investment were acquisitions (15) and new
plants (4). As 1n 1986, periodicals publishing (2721), with eight
transactions, was the most attractive Industry. However, the
commercial printing Industry (2754), with four transactions, had the
highest aggregate value— $442.5 million for three transactions.
Newspaper publishing (2711) and book publishing (2731), with three
transactions each, tied as the third most attractive area for
Investment.
50
-
Figure 11
NUMBER OF INVESTMENTS IN
THE PRINTING & PUBLISHING INDUSTRY,
NUMBER OF INVESTMENTS
1983-87
1983
1984
1985
1986
1987
- 51
-
Chemical and Allied Products (SIC 28)— Continued globalization,
favorable exchange rates against the U.S. dollar, and U.S. chemical
manufacturers' need for cash and their willingness to restructure and
divest themselves of unprofitable units, resulted in a banner year
for foreign companies wishing to invest in this industry.
There were 80 transactions completed by foreign investors in the
chemical Industry with values known for 34 totaling nearly $8.8
billion. (Figure 12.) The following transactions were major foreign
investments in the U.S. chemical Industry in 1988:
Specialty chemicals and pharmaceuticals were the main attraction
as Unilever of the Netherlands acquired Cheseborough Pond Inc., a
cosmetic and toiletries manufacturer and distributor, for $3.1
billion.
Hoechst AG, West Germany, acquired Celanese Corp., one of the
world's largest producers of textile polyester fibers, for $2.8
bi11 Ion.
Montedison SPA, Italy, controlled by the Ferruzzl Group,
Increased its Interest 1n Hlmont to 81 percent for nearly $1.5
billion. Hlmont Is the world's largest producer of polypropylene,
a lightweight plastic.
Dalnlppon Ink & Chemicals, Japan, acquired Relchhold Chemicals, a
manufacturer of specialty chemicals used in printing inks, for
$600 million.
Joh,A. Benckiser GmbH, a West German chemical consumer products
manufacturer, bought Ecolab's worldwide consumer dishwasher
detergent division for $242.5 million.
Courtauld's PLC, a leading British textile chemical manufacturer,
acquired Porter Paint Company for $140 million.
In addition to these transactions, there was one transfer of assets
between two foreign companies when Britain's Imperial Chemicals
acquired Stauffer Chemicals from Unilever of the Netherlands for $1.9
billion.
Foreign Investment in this Industry nearly doubled that of 1986 In
terms of dollar value known while the number of transactions
increased about 16 percent with acquisitions (36) accounting for the
largest share, followed by new plants (23).
Initially slow to enter the chemical Industry, Japanese Investors
have been moving more swiftly In the last couple of years. During
1987 they completed 29 transactions, more than any other country.
With little exception, however, their Investments tend to be in
smaller start-up companies.
West Germany was the source for 14 transactions and the United
Kingdom 12. However, West Germany and .the Netherlands had about 70
percent of the known value ($6.2 billion), with only 17 transactions.
-
52
-
Investments In this Industry were made In 28 states with California
Michigan, New Jersey and Ohio having six transactions each. Other
states had five or less.
Figure 12
NUMBER OF INVESTMENTS IN
THE CHEMICAL INDUSTRY,
NUMBER OF INVESTMENTS
1983“87
100
90
80
1983
1984
1985
1986
‘ INCLUDES ALLIED PRODUCTS
1987
- 53 -
Petroleum Refining and Related Industries (SIC 29)— Continued low
profit margins and crude oil price instability did little to Improve
conditions in the long-depressed petroleum refining business.
However, foreign producers interested in Insuring outlets for their
crude oil and sales networks in their major markets were active In
the U.S. petroleum refining and related industries sector In 1987.
(Figure 13.) Moreover, this sector had the largest single foreign
direct investment identified in 1987.
The acquisition by British Petroleum Co. PLC of the 45 percent of
Standard Oil Co. that it did not already own for almost $8 billion
was also the largest foreign Investment identified since the OTIA
foreign investment monitoring program began. This transaction
accounted for more than 97 percent of the total value figure in this
Industry.
In 1987 10 investments were identified in the petroleum refining and
related industries sector. Six investments had an aggregate value of
$8.2 billion.
The second largest investment was the $100 million acquisition of the
Caribbean Gulf Refining Corp. in Catano, Puerto Rico from Chevron USA
Inc. by FOI Ltd., a company controlled by Gad Zeevl, an Israeli
citizen based in Kenya. Mr. Zeevl also owns Kobll East Africa and
Kobll Kenya Co., two other refining and downstream oil operations.
The third largest Investment was the acquisition of 50 percent of
Union Pacific Corp.'s refinery In Corpus Christi, Texas by Petroleos
de Venezuela SA(PDVSA), the government-owned oil firm, In a
transaction valued at $90 million. Under the terms of the agreement,
each firm contributed equally to establish and finance the venture
known as Champlin Refining Co. This Investment followed closely the
Investment by PDVSA 1n Citgo Petroleum Corp. of Dallas In 1986. So
far, Venezuela has been the only OPEC member to Invest directly In
U.S. refining and marketing operations, although Kuwait and Saudi
Arabia are said to be considering the acquisition of refining and
marketing operations in this country.
Investor source countries were numerous in 1987. France and
Switzerland were the most prominent source countries with two
investments each. Canada, Ireland, Israel, Saudi Arabia, the United
Kingdom, and Venezuela had one Investment apiece. Moreover,
companies owned or controlled by foreign governments— France (two),
the United Kingdom (one), and Venezuela (one)— accounted for 40
percent of the Investment in this sector.
The majority of Investments were acquisitions (six). Other
investment modes included equity Increases (two), joint ventures
(one), and new plants (one). The petroleum refining subsector (SIC
2911) attracted almost two-thirds of the investment 1n 1987. Four of
the six transactions Identified were acquisitions, evidence of
increased foreign Interest in owning U.S. refining operations. The
remaining transactions (three) were either in the asphalt paving and
roofing materials sub?ectors (2951 and 2952) or In the lubricating
oils and greases (2992) subsector (one).
-
54
-
Companies with headquarters or production sites located in Texas
(three) and New York (two) attracted half of the investments in this
sector. Colorado, Massachusetts, Michigan, Ohio, and Puerto Rico
were also sites for investment.
Figure 13
NUMBER OF INVESTMENTS IN
THE PETROLEUM REFINING INDUSTRY*,
NUMBER OF INVESTMENTS
19 83“87
20
16
-
12
8
-
4
-
1983
1984
1985
1986
*AND RELATED INDUSTRIES
1987
- 55 -
Rubber and Miscellaneous Plastics Products (SIC 30)— The rubber and
miscellaneous plastics products Industry Is basically dominated by a
few large companies that compete 1n every region of the world. In
the United States, foreigners more than doubled their Investments by
number of transactions and total value. There were 27 transactions
Identified during 1987 with 14 known values, totalling $877.6
million. (Figure 14.)
Acquisition was the most favored mode of Investment, with 11 such
transactions. Additionally, there were the f oilowing t ypes of
Investment: seven new plants or expansions, four joint ventures,
three new outlets, and two equity increases.
The largest transaction, a $625 million acquisition (71 percent of
the total value), was made by a West German company. As part of Its
restructuring plan to thwart a hostile takeover attempt, and 1n order
to concentrate on its aerospace and Industrial businesses, GenCorp.,
Akron, Ohio, sold its General Tire company subsidiary, both domestic
and foreign operations, to Continental Gumml-Werke AG. General Tire
employs over 10,000 people and 1s one of the oldest and best-known
tire makers 1n America.
A number of foreign companies invested In Industries that correspond
with their domestically manufactured product. For Instance, Japanese
Investors established (11 transactions) automotive and Industrial
rubber and plastics plants throughout the Midwest to supply Japanese
automobile plants 1n the United States. Other leading source
countries for 1987 were the United Kingdom with five transactions,
and West Germany and Sweden, with three each.
Miscellaneous plastics products was the most active subsector in
terms of numbers, with 16 completed transactions. The Japanese and
British dominated this s u b industry with six and five transactions,
respectively.
A diversified mining and energy resources company, M.A. Hanna
Company, Cleveland, Ohio paid $133.6 million for Day International
Corp., a Dayton, Ohio maker of rubber and plastic products. Hanna Is
35.5 percent controlled through subsidiaries owned by Edward & Peter
Bronfman and Peter Cundlll of Canada.
- 56 -
Figure 14
NUMBER OF INVESTMENTS IN
THE RUBBER & MISCELLANEOUS PLASTICS
PRODUCTS INDUSTRY,
1$Q3-87
NUMBER OF INVESTMENTS
30
,--------------------------------------------------------------------------------------------------------------------
- 57 Stone, Clay, and Glass Products (SIC 32)— In 1987 foreign direct
Investment In the stone, clay, and glass products Industry rose
almost 63 percent from the 1986 level. (Figure 15.) There were 26
completed transactions Identified and 12 had values totaling $914.3
million.
The largest transaction was the acquisition of Houdallle Industries
Inc., a mechanical seals manufacturers, by TI Group PLC of England
for $500 million. The second largest transaction, In the cement
subsector, was the $250 million acquisition of Kaiser Cement Corp. by
Hanson Trust PLC, another British company. Seven of the ten largest
cement manufacturers in the United States are now controlled by
foreign companies. The growing trend toward foreign ownership of
cement companies in this country may be partly attributed to concern
by foreign investors about the possibility of future import
restrictions.
British and Japanese companies were the most prominent investors in
this industry In 1987. British firms completed six transactions with
four values totaling $786 million, which accounted for almost 86
percent of the total Industry value. Japanese firms also had six
transactions; however, the three known values had a total of only $16
million.
The two two primary types of Investment were acquisitions (10) and
new plants (9). Most of the investments were located In Indiana,
Kentucky, and North Carolina, each of which had three transactions.
Fourteen other states had only one or two.
-
58
-
Figure 15
NUMBER OF INVESTMENTS IN
THE STONE, CLAY, & GLASS INDUSTRY,
NUMBER OF INVESTMENTS
19 8 3 8 7
”
30
.---------------------------------------------------------------------------------------------------------------
- 59 -
Primary Metal Industries (SIC 33)— While the falling dollar has
helped products In the primary metal industries become more
competitive in price and quality, world and domestic overcapacity and
competition from highly efficient foreign mills continue to present
challenges to U.S. producers. Foreign Investment In the primary
metal industries sector dropped almost 32 percent In 1987. There
were 22 completed transactions identified; 16 of them had a total
value of $764.6 million. Japanese firms, traditionally prominent
investors In this Industry, accounted for $420.8 million, or 55
percent of the total value. (Figure 16.)
Two of the three largest investments were joint ventures by Japanese
companies in the steel industry. The first was a joint project
between Nippon Steel Corp. and Inland Steel Industries Inc. to build
a continuous cold-rolling mill complex employing 200 people In South
Bend, Indiana. The project, known as I/N Tek Inc., will cost $400
million. Inland Steel, with a 60 percent interest, will provide $90
million. Foreign Investors will contribute $310 million. Nippon
Steel will contribute $60 million for a 40 percent interest in the
complex. The remainder of the cost will be covered by Mitsui & Co.
Ltd., Mitsubishi Corp. and Nissho Iwal Corp. The three Japanese
trading companies will handle the steel sales to Japanese automobile
plants.
The other major Japanese investment, the third largest in this
sector, was a $175 million joint venture between Nucor Corp. of
Charlotte, North Carolina and Yamato Kogyo Co. Ltd. of Hlmelji City,
Japan to build and operate an electric furnace steel mill, which will
employ 400 to 600 people In Blytheville, Arkansas. Yamato Kogyo's 49
percent share of the project accounts for $85.8 million of the cost.
The second largest investment 1n the primary metal industries sector
was an equity increase to 16.3 percent from 15.2 percent of Kaiser
Aluminum and Chemical Corp.'s common.shares by British Investor Alan
E. Clore for $151.8 million. When the Oakland, California aluminum
producer was reorganized as KalserTech Ltd., Mr. Clore became
chairman. However, he began selling part of his holdings late in
1987, apparently because of financial difficulties resulting from the
October drop in the stock market.
For the 4th consecutive year, Japan, with 11 Investments, was the
number one source country. The United Kingdom was a distant second
with three Investments, while Canada and Australia tied for third
place with two investments each.
Acquisitions (11) accounted for half of the investments identified.
The other primary forms of Investment were joint ventures (five), all
by Japanese Investors, and equity increases (three). Although the
steel Industry (SIC 331) attracted the most foreign Investors 1n
1987, the number of transactions actually declined slightly from 14
in 1986 to 12. Four transactions were Identified In the area of
rolling, drawing, extruding of nonferrous metals (SIC 335). These
two industries accounted for almost 73 percent of the Investments.
-
6 0
-
An Investment of particular Interest was the acquisition of Special
Metals Corp. The Hartford, New York producer of superalloy products
for the aerospace and transportation Industries was acquired by
Aubert & Duval SA, a French producer of specialty alloys, and
Vereinlgte Deutsche Metalwerke AG of West Germany from Astrotech
International Corp. for $72.5 million. In 1983 Special Metals was
the subject of sale negotiations between Allegheny International
Inc., its parent company at the time, and Nippon Steel Corp. of
Japan. The negotiations were terminated after objections by the
Department of Defense. Special Metals was subsequently sold to
Cyprus Corp., the parent of Astrotech International, for $85 million
In cash and notes In December 1983.
Figure 16
NUMBER OF INVESTMENTS IN
THE PRIMARY METAL INDUSTRY,
NUMBER OF INVESTMENTS
19 8 3 8 7
“
50
40
30
20
10
0
1983
1984
1985
1986
1987
- 61
-
Fabricated Metal Products (SIC 34)— Foreign direct Investment In the
fabricated metal products industry rose almost 32 percent from 1986,
thanks largely to overseas manufacturers following In the footsteps
of major foreign automobile companies that have established
operations In the United States. Twenty-five completed transactions
were identified in 1987; 14 of them had a total value of $419.7
million. (Figure 17,)
Two Investments accounted for more than 50 percent of the total
value. The largest was the $112.5 million acquisition of Smith &
Wesson Corp., the famous 135-year-old firearms maker, by F. H.
Tomkins PLC from Lear Siegler Holdings Corp. Smith & Wesson, of
Springfield, Massachusetts, is the country's largest pistol
manufacturer and its weapons are used by many law enforcement
agencies, including 44 of the 50 state police forces. This purchase
was the first major acquisition in the United States for Tomkins, a
diversified British manufacturer of industrial and consumer products,
controlled by Gregory Hutchings.
The second largest investment was the Budd Co.'s new $100 million
plant in She 1byv111e , Kentucky. This stamping plant will employ 400
people and Is the largest plant Investment In recent years by the
Budd Co., one of the nation's largest automotive parts
manufacturers. Based In Troy, Michigan, the Budd Co. is a subsidiary
of Thyssen AG of Duisburg, Hest Germany.
Three countries were the source of almost 70 percent of the
transactions in this sector. Japanese firms with 10 transactions
were the preeminent investors. Canadian companies accounted for four
investments and German investors made three investments. Most of the
investments (ten) were acquisitions. Other primary forms of
investment were new plants (six) and joint ventures (two).
Almost half of the investments were in four subsectors. The most
active area was automotive stampings (3465) which had six
Investments, one-fourth of the Investments In the fabricated metal
products sector. Japanese firms made five of the six Investments
identified. Investments in the other subsectors were equally
divided.- They each had two Investments: bolts, nuts, screws and
rivets (3452); coating, engraving and allied services (3479); and
small arms (3484).
Geographically, investments were concentrated 1n and around major
automobile and automotive parts production centers. Ohio,
Pennsylvania, and Tennessee each accounted for three Investments,
while Indiana, Michigan, and New York had two each.
-
62
-
Figure 17
NUMBER OF INVESTMENTS IN
THE FABRICATED METAL PRODUCTS INDUSTRY,
NUMBER OF INVESTMENTS
1983-87
35
28
21
14
7
0
- 63 Machinery, Except Electrical (SIC 35)— An economically rebounding
machinery industry encourged foreigners to establish facilities here
to take advantage of fluctuations in the exchange market and the
stability of our economy. Foreign direct Investment in the machinery
Industry Increased significantly 1n number of transactions and total
value for 1987. (Figure 18.)
The industry experienced a 63 percent increase in case numbers over
1986 and more than a triple Increase in dollar value. OTIA recorded
105 completed transactions in 1987, 37 of them had a total value $2.1
billion, compared to 1986's 66 transactions, 34 known values
totalling $599.2 million.
Forty-three percent <46 cases) of all transactions originated In
Japan, with 15 values totalling $177.8 million. The United Kingdom
was the second leading investor country with 16 transactions and
values totalling $627.6 million, while the Netherlands was
responsible for the single largest dollar value— $916 million.
The largest transaction 1n the machinery Industry was made by a
privately held Dutch computer maker. Memorex International NV
(Amsterdam) paid $911 million for a 90 percent Interest In Tulsa,
Oklahoma-based Telex Corp., a manufacturer of computer terminals.
General Electric Co. PLC (GEC), a London-based multinational
electronics concern, acquired Gllbarco Inc., Greensboro, North
Carolina, for $250 million. Gllbarco makes gas station equipment.
The acquisition will strengthen business relations between North
Carolina and Great Britain.
Other transactions that exceeded $100 million follow:
•
Inter-City Gas Corp., Winnipeg, Canada, bought Whirlpool
Corp's He1l-Quaker Home Systems Division (Nashville,
Tennessee) for $176 million. Heil-Quaker makes heating and
cooling systems for commercial and industrial use.
•
Emhart Corp. of Farmington, Connecticut, sold Its shoe
machinery operations to Ableklnd Ltd., United Kingdom for $115
million.
•
To expand and strengthen its position In the United States, a
British aerospace, automotive, and industrial products
producer, Lucas Industries PLC, paid $110 million for Western
Gear Corp. Western Gear, headquartered in South Milwaukee,
Wisconsin manufactures gears.
Foreign investment took place In 32 states, with California hosting
17 transactions; New York and Illinois, 8 each; North Carolina, 7;
and Michigan, Ohio, and Tennessee, 5 each. Investments In these
seven states accounted for more than 50 percent of the Identified
transactions.
The electronic computing equipment (SIC 3573) subsector had the
largest number of transactions with 26. Values were Identified for
-
64
-
10 of them, totalling over $1 billion, and representing 47 percent of
the total value. Japanese Investors were the most prominent with 12
transactions.
Figure 18
NUMBER OF INVESTMENTS IN
THE MACHINERY INDUSTRY,
NUMBER OF INVESTMENTS
1 9 8 3 -8 7
120
105
90
75
60
1983
1984
1985
1986
1987
- 65
-
Electric & Electronic Equipment (SIC 36)— Since the United States Is
viewed as a stable country with great market potential, the electric
and electronic equipment industry experienced a 73 percent Increase
in foreign direct Investment activity and more than a threefold
increase in value in 1987. OTIA Identified 103 completed
transactions, values for 53 of them totaling $5.6 billion, compared
to 1986 figures of 75 transactions, 37 values of $1.8 billion.
(Figure 19.)
As in 1986, Japanese high-technology Investors continued to buy Into
the electrical industry, with 49 transactions and aggregate value of
$2.5 billion. The United Kingdom was the second leading Investor
country with 23 transactions and $1.1 billion In total Investments.
Japan and the United Kingdom investment activity In the Industry
accounted for almost 70 percent of the total number of transactions.
The primary mode of investment In electronics was by acquisitions.
More than half of the transactions (57) were foreigner Investors
acquiring U.S. electrical/electronics companies. The establishment
of new plants or plant expansions (20) was second, followed by new
outlets/subsidiaries/offlces (19), equity Increases (4), and joint
ventures (3).
On a regional basis, 25 states were recipients of foreign direct
investment. Most notable were the states known for their high-tech
areas: California with 25 transactions; followed by New York with
11; Illinois, 8; Florida, 7, and New Jersey, 6. Together they
accounted for 65 percent of the total number of Investments.
The most active subsector in the electronics Industry was electronic
components (SIC 3679) with 16 transactions; Investments were made
principally by firms from the United Kingdom and Japan which had five
transactions each.
Japanese investors were responsible for 9 of the 13 cases In the
semiconductor and related devices sector (SIC 3674). Currently Japan
has 49 percent of the worldwide market share In semiconductors, while
the United States trails with a 38 percent share.
The radio and television transmitting, signaling, detection equipment
and apparatus (SIC 3662) subsector also had 13 transactions. British
Investors led with six acquisitions and one equity Increase.
Intent on making products in countries where they will market them,
Japanese investors played a major role In the U.S. telephone and
telegraph apparatus (SIC 3661) subsector. Of the nine transactions
Identified in the wire telephone and telegraph equipment area,
Japanese Investors acquired or established six new plants or outlets
here.
A Japanese firm also made the largest Investment In this Industry in
1987. Sony Corp., one of the world's leading consumer electronics
manufacturers, purchased CBS Records, the largest record company In
the world, for $2 billion, from CBS Inc. This acquisition will
enable Sony to expand its product range In the music business.
- 66 -
The second third, and fourth largest Investments In this Industry
sector came from France, the United Kingdom and the Netherlands,
respectively.
Thomson SA, the large electronics company owned by the French
Government, continued Its International expansion by acquiring GE s
Consumer Electronics Division for $800 million. This acquisition
leaves Zenith Electronics Co. as the only U.S. television
manufacturer 1n this country.
British Investors strengthened their presence in the U.S. security
systems Industry with a $715 million acquisition. ADT Inc., a New
York-based manufacturer of electronic security systems, was purchased
by an International services company, Hawley Group Ltd.
In an effort to consolidate Its operations, Dutch electronics
concern, Philips NV, purchased the outstanding 42 percent publicly
held Interest of Its U.S. subsidiary, North American Philips Corp.,
for $680 million. North American Philips, headquartered in New York,
makes electronics, lighting and electrical products and 1s known for
Its Norelco, Maganvox, Phi 1co and Sylvanla brand names.
Other noteworthy transactions In this Industry Include the following
acquisitions :
BTR PLC, another British Industrial conglomerate, paid $200
million for Stewart-Warner Corp., Chicago, Illinois.
Stewart-Warner makes electronic components.
The Herbert Quandt family of Bad Homburg, West Germany bought 97
percent of Data Card Corp for $174 million. The Minnesota
company makes credit card equipment.
Landis & Gyr AG, Switzerland, a maker of heating, ventilating
and air-conditioning controls, paid $132.5 million for Skokie!
Ill nois-based Mark Control's MCC Powers Division, a manufacturer
of Industrial temperature controls.
Despite a slump In the semiconductor market, Fujitsu Ltd
throuah
Its U.S. subsidiary, Fujitsu Microelectronics Inc. beqan‘
construction of a $130 million semiconductors plant in Gresham
Oregon. Fujitsu Ltd., Japan's largest computer manufacturer is
owned by Fuji Electric Co. Ltd.
«'«"uracturer, is
-
67
Figure 19
NUMBER OF INVESTMENTS IN
THE ELECTRICAL INDUSTRY,
NUMBER OF IN VESTM EN TS
1983-87
120
1983
1964
1985
1986
1987
- 68 Traninnrtflt1™ r.iiilpment (SrC 37)— Hoping that the United States is
to support jet another a J S otlve manufacturer two Japanese
Full Heavy Industries and Isuzu Motors,' teamed up to for*
r$405
Joint venture to produce cars and light trucks in
Lafayette, Indiana. Japanese Im ports accounted tor about 21 percent
of the 10,277 auto sales In the United States during 1987
S in *
Nevertheless,’ Volkswagen of West Germany announced plans to close its
U.S. production plant in 1988.
OTIA Identified 45 foreign transactions during 1937 in this sector
with values for 27 totalling nearly $1.5 billion. This was an
Increase of more than 87 percent in the number of transactions
Identified over 1936 while the Increase in Value was approximately 32
percent. (Figure 20.)
Much of the Increase In the number of transactions identified in this
Industry came as Japanese parts manufacturers located here* to be near
their end users, the Japanese auto manufacturers, who require timely
and dependable deliveries.
Honda Motor Co. began a $450 million expansion of its Ohio engine
assembly plant to Include engines, drive trains, suspensions and
brake assembly for its automobiles manufactured here. Likewise,
Toyota announced Its intension to expand its Kentucky plant to
Include auto engines, front and rear axles, and steefrlng components.
Japanese Investors accounted for nearl'y 69 percent of the number of
transactions (31) and 76 percent of toe known value. The United
Kingdom had five transactions, one of which had a significant value.
Owens Corning Fiberglass sold its Hitco Division to British
Petroleum,' a subsidiary of the British Government, for $240 million.
Hitco makes a wide range of aerospace products used in guided
missiles. Other countries had three or fewer transactions.
r i ^ J 0^ Cal1f°[?1a !!1th s1x transact1ons, the Industry
J
*f° be 1n the eastern and southern United
"a"ufacturers with Ohio gaining most
established’thlir «
" ?re) ^ s years‘ 1nvestors frequently
<9> However as
1tsK(
and expanded existing facilities
became more confident in U.S. suppliers
1n this Industrw lH!
States h ™ !
Investments
joint ventures with uysaCSSrt5ers6Ven U ‘S ' f1n"S
comP leted seven
-
69 -
Figure 20
NUMBER OF INVESTMENTS IN
THE TRANSPORTATION INDUSTRY *,
NUMBER OF IN VES TM EN TS
1983-87
60
|----------------------------------------------------------------------------------------------------------------------------------
1983
1984
1985
1985
•SPEC IALTY EQUIPMENT
1987
-
70
-
Instrument and Related Products (SIC 382— Building a U.S. production
and distribution base continued to Influence foreign Investors 1n the
Instruments and related products sector, who completed 40
transactions, with values for 18 totalling $1.7 billion. This was
nearly twice the number of transactions Identified during 1986 and a
71 percent Increase In the value known. (Figure 21.)
Nearly 70 percent of the value came as Britain's Siebel PLC acquired
Barber Colman, for $227 million and Ranco Co. for $150 million. Both
U.S. companies manufacture automatic control devices. After an
Initial Investment In Spectra-Physics nearly 2 years ago, Ciba Geigy
of Switzerland acquired the outstanding 81 percent of this laser
manufacturer for $310 million. Revlon solds its vision care division
to Pllklngton Brothers PLC, England for $574 million. Panavision
Inc., a California motion picture camera manufacturer and supplier,
was acquired by Lee International PLC, England, for $150 million, and
Konlshiraku Photos of Japan started construction on a $100 million
plant In Greensboro, North Carolina to make photographic supplies.
Over half the transactions were from the United Kingdom and Japan,
with 14 and 13 transactions, respectively. There were 23
acquisitions and mergers, and 8 new plant openings.
Figure 21
NUMBER OF INVESTMENTS IN
THE INSTRUMENTS & RELATED PRODUCTS INDUSTRY,
NUMBER OF INVESTM ENTS
1983“87
50
40
30
20
10
1983
1984
1985
1986
1987
-
71
-
Communications (SIC 48)— Foreign firms, looking at potential markets
In the United States as part of their worldwide push toward global
communications networks, increased direct Investment in this Industry
66 percent over 1986. (Figure 22.) Five transactions, three with
values worth $135.5 million, were identified.
The largest transaction was a joint telephone communications venture
linking the United States, via Oahu, Hawaii, to Japan and Guam.
Japan's Kokusai Denshin Denwa Co. (KDD) is the second largest partner
with a 21 percent share of the project, worth $126 million. American
Telephone & Telegraph Co., the primary investor, owns 56 percent of
the $600 million venture.
In 1987 Japan, with three transactions, was the leading source
country. Canada and Italy each accounted for one transaction. Two
of the transactions were acquisitions. One transaction was recorded
in each of the following categories: joint venture, new subsidiary,
and office expansion. Most of the investments (4) were equally
divided between two subsectors: telephone communications and
television broadcasting. There was one investment in the cablevision
Industry.
Figure 22
NUMBER
NUMBER OF INVESTMENTS IN
THE COMMUNICATIONS INDUSTRY,
OF IN VES TM EN TS
1983“87
- 72 -
Electric. Gas and Sanitary Services (SIC 49)— A growing number of
foreign firms, attracted by prospects for rapid expansion, have begun
Increasing Investment In the electric, gas and sanitary services
sector. There were 14 transactions Identified in 1987, more than
double those of the previous year. (Figure 23.) Six transactions
had a total value of $109.8 million.
The largest investment accounted for almost 73 percent of the total
value. It was the $80 million acquisition of Mid-Louisiana Gas Co..
the New Orleans-based Interstate pipeline subsidiary of Tenneco Inc.,
by Hintershall Corp. of Denver, Colorado. Wintershall is the oil and
gas exploration subsidiary of Wintershall AG, Kassel, West Germany, a
member of the BASF Group. Included In the sale were natural
gas-producing properties in the Monroe gas field In northeastern
Louisiana.
Two source countries accounted for most of the investment in this
sector. Canada ranked first with six transactions followed by the
United Kingdom with four transactions. West Germany, with two
transactions, was in third place.
The two primary modes of Investment were acquisitions (10) and joint
ventures (3). Investments were made throughout the sector but
concentrated In two subsectors: sanitary services (9) and gas
production and distribution (3).
The most prominent Investor In the sanitary service sector was
Laldlaw Transportation Ltd., a Canadian transportation services and
waste management services firm, controlled by Michael G. DeGroote.
Through Its U.S. subsidiary, Laldlaw Industries Inc., the Canadian
firm acquired two chemical waste service companies and three solid
waste removal companies In the United States via four investments.
^nrfAJhhIc5H°ni1n!nt 1nvestor 1n sanitary services was Atwoods PLC, a
S WSk
1,no!gement serv1ces
which entered the U.S.
i t l I I
\ Atwoods' three 1987 acquisitions brought
85
5?m 1? of t
h r BBritish
H ? ? I h efJem?Vai
c?mpan1es
,n south F1or1da where
bs d
percent
the
firm's business
Is centered
-
73
-
Figure 23
NUMBER OF INVESTMENTS IN
THE ELECTRIC, GAS & SANITARY SERVICES INDUSTRY,
NUMBER OF IN VES TM EN TS
1983-87
20
16
-
12
-
8
-
4
-
1983
1984
1985
1986
1987
-
Ik -
Retail Trade (SIC 52-59)— The size of the U.S. retail market, the
Initial small start-up required for sales outlets as compared to that
of manufacturing facilities, and the diversity of the market
continued to appeal to European investors.
Investment transactions in this Industry Increased about 37 percent
over 1986; however, there was a decrease of about 77 percent in the
reported dollar value. OTIA Identified 97 transactions, with values
known for 20 amounting to $1.2 billion. (Figure 24.)
Unlike last year, there was no single billion dollar transaction.
There were, however, some transactions of significant value. The
Dixon Group of Britain acquired Cyclops Corp., a Pittsburgh lumber
and other building materials company,for $384 million. J. Sainsbury
PLC, London, acquired tjhe ^remaining 50 percent of Shaw Supermarket it
did not already own for $261.5 million. The Ratner Group of London
acquired Sterling Inc., an Ohio jewelry chain,for $210 million. The
Tenglemann Family, West Germany, through It 52 percent interest in
A&P, acquired 52 percent of the Waldbaum Grocery chain for $149.2
million. Network Security Corp. was acquired by Inspectorate
International of Switzerland for $105 million, and Safeway sold Its
California Liquor Barn chain to Majestic W1ne Warehouse of the United
Kingdom for $100 million.
U.K., Swiss and German Investors provided over 94 percent of the
value, while Japanese, Investors with the most transactions (27),
accounted for only 2 percent of the value.
Investors from the United Kingdom completed 22 transactions with over
76 percent of the value.
Generally, foreign Investors In this Industry begin by establishlna
small retail outlets-there were 52 in 1987. Nearly 80 percent of
the value In this sector, however, came from acquisitions/mergers, of
which there were 4. Specialty women's apparel stores attracted most
J!in5fn«
r
!
£
y 9T
ery St?re chains and restaurants, while
9mr a' ’ erchand,se stores accou"ted
New York was the primary entry point for Investment this industry- it
had 27 transactions. California was in second place with 17
Investment transactions. The remaining investments in this Industry
were spread among 24 other states.
mausiry
- 75 Figure 24
NUMBER OF INVESTMENTS IN
THE RETAIL TRADE INDUSTRY,
NUMBER OF IN VESTM EN TS
1983-87
100
90
80
1983
1984
1985
1986
1987
- 76 -
Banking (SIC 60>— During 1987 there were 14 Identified transactions
In the banking sector, 6 of which had reported values totalling $1.6
billion. The sector was dominated by the $820 million acquisition of
First Jersey National, New Jersey, by Britain's National Westminster
Bank Group, and the $756 million purchase by the Hong Kong Shanghai
Banking Corp. of the shares of Marine Midland Banks Inc., Buffalo,
New York, that 1t did not already own. (Figure 25.)
Japan accounted for six Investments, Hong Kong for two, and six other
countries, Indonesia, Australia, the United Kingdom, Italy, Saudi
Arabia, and the Netherlands Antilles for one each.
Figure 25
NUMBER OF INVESTMENTS IN
THE BANKING INDUSTRY,
NUMBER OF INVESTM ENTS
1 9 8 3 -8 7
- 77 Services (SIC 72-89)— The need to become global and the declining
dollar encouraged foreign investors wishing to enter into or expand
1!! Jh5 servlc?s industry. OTIA Identified 141 transactions of which
44 had a total value of more than $3.8 billion. While the value
increased more than three fold over 1986, the number of transactions
identified increased about 37 percent. (Figure 26.)
Substantial interest in the business services sector was directed at
employment agencies (temporaries most often), one of the fastest
growing service Industries in the country. Foreign Investors took
advantage of many opportunities as U.S. companies cut costs by
avoiding benefit payments to full-time employees, not just In
traditional secretarial jobs but in a wide variety of professional
jobs as well. There also has been a steady flow of Interest by
foreign Investors in advertising agencies, public relations, and
consultant firms, as well as information gathering services
(software).
The largest transaction in this industry took place when Blue Arrow
PLC, England, acquired Manpower Inc., the world's largest temporary
employment agency for $1.3 billion. Other transactions with
significant values were Thorn EMI PLC's, $594 acquisition of
Rent-A-Centers, a Kansas lessor of household goods, and WPP Group
PLC's $566.6 million acquisition of J. Walter Thompson, a New York
advertising agency. Both foreign investors are from the United
Kingdom. In another transaction, Compagnle des Machines Bull,
controlled by the Government of France, and NEC of Japan, paid $527
million for 58 percent of a computer information service, Honeywell
Information Systems. MachlnesBull has a 43 percent interest and NEC
has 15 percent. Finally, Britannia Holding PLC, England, acquired
Alexander Proudfoot, a Florida management consultant firm, for $200
million. The British advertising agency Saatchi and Saatchi PLC was
very active this year completing.nearly a dozen transactions in the
industry.
British investors accounted for $3 billion* or 79 percent of the
total value. They also made the most investments (58). Japanese
Investors were second with 33 transactions; however, only six known
values had a total of $57.7 million. There were 74
u ojt
acquisition/mergers and 40 new facilities established of which 34
were in California and 29 1n New York. Investments were also
completed In another 25 states.
-
78 -
Figure 26
NUMBER OF INVESTMENTS IN
THE SERVICES INDUSTRY*,
NUMBER OF INVESTM ENTS
1983-87
150
125
-
100
-
75
50
25 h
1983
1984
1985
1986
1987
♦EXCLUDES HOTELS & OTHER LODGING
- 79 Real Property
Foreign Investors were identified In 1987 as having concluded 108
transactions in the commercial real estate sector, and a further 23
transactions in the hotel Industry (SIC 70). (Purchases of
agricultural land and individual residential real estate units are
not included in this report.) Of the total 131 investments, 98 had
known values totalling $7.3 billion, with 21 valued in excess of $100
million. These 21 accounted for an aggregate value of $5.6 billion,
just over 76 percent of the total value. (Figure 27.)
The Japanese were the most active investors in this sector for the
third year in a row. During 1987, 75 Japanese investments were
Identified, with 50 values totaling $5.7 billion, 77 percent of the
total aggregate value. The Citicorp building in New York City was
acquired by Japan's Dal-Ich1 Mutual Life Insurance Co. for $670
million; 1000 Wllshire Blvd. 1n Los Angeles was bought by Sumitomo
Life Insurance Co. at a cost of $560 million; Sumitomo Real Estate
Development Co. paid $500 million for 666 Fifth Avenue, New York
City; and, with an estimated $750 million, A0KI Corp. participated in
the acquisition of the Westin Hotels and Resorts chain of Seattle.
The Japanese far outdistanced other foreign Investors, with the
British coming second with $356.9 million Invested, and the Dutch
third at $276.7 million.
Hotels were popular, as 23 Instances of foreign Investment In this
area were Identified. There were, of course, more than 23 hotels
acquired— all the hotels 1n the Westin Hotels and Resorts chain, for
Instance, as mentioned above, as well as the seven Holiday Inns,
essentially in the Southeast, acquired by BASS PLC of the United
Kingdom for $175 million. Nearly half (11) of the Investments were
made by Japanese.
-
80
-
Figure 27
NUMBER OF INVESTMENTS IN
THE REAL PROPERTY INDUSTRY *
NUMBER OF INVESTM ENTS
19 83“87
200
150
-
100
-
50
-
1983
1984
1985
1986
1987
"INCLUDES HOTELS & OTHER LODGING
81
-
-
APPENDIX A
LISTING OF INVESTMENT TRANSACTIONS
BY
STANDARD INDUSTRIAL CLASSIFICATION (SIC)
Ic
US FIRM NAME
A M E R I C A S T OWERS
A M M E R S E E ON T H E C m A T T a m GGC m I E
A P A R T M E N T B l DG
A P A R T M E N T BLOG
AVENT INE
♦+* *
A VO N D A L E C ENTER
1> + f *
BANYAN GOLF CLUB
* > *■ *
B O I S E CASC AD E BLDG
T++ *
C A L I F O R N I A BANK B L D G
+»+*
C ALUSA C OUNTRY CLUB
++* *
CAME LB AC K E S P L A N A D E
+* * *
C A MP C R E E K B U S I N E S S CTR
* ** *
C I T I C O R P BLDG
+* * *
COCONUT I S L A N D
t** *
COM ME RCIA L P O I N T S HO PP IN G CENTER
* * * *
C OM M O N W E A L T H B L D G
* * **
C O N D O M I N I U M BLDG
* * * *
C O N D O M I N I U M DEV
* * * *
D A LLA S MARKET CENTER
* * * *
E AT ON SQUARE S H O P P I N G C EN TE R
+* * *
E X C H A N G E B l DG
* f ++
F I V E H IN D R E D BOYLSTON
+** *
F R E E D O M TOWER
G R E N E L E A F R E SO RT & C O N F E R E N C E CTR
H A R B O R BAY C O M M U N I T Y
H I L L C R E S T CENTRE
■* * * +
H U D S O N R I , ER C E N T E R
* * * *
I R V I N E COMME RCIAL CENTER
* * +*
J . M A G N I N BLDG
*
*
J U D I C I A R Y CENTER
* * **
KALUAKO RESORT
* * * *
KIN GS BRO OK COUNTRY E S TA TE S
* * * *
K I N G S P L A C E C O N D O M I N I U M BLDG
* * * *
LA C O L O N N A D E
* * +*
LAKE PADRE DEV E LO P ME N T
* * * *
LAND
* * * #
LAND
* ** *
LAND
* * * *
LAND
** * *
LAND ( 2 0 . 5 ACRES )
V* * *
LAND ( 2 9 0 0 A C R ES )
* * * *
LAND ( 4 9 . 9 ACRES )
** * *
LAND ( 5 0 0 AC R ES )
* * **
LAND ( 6 9 AVRESO
* * * *
LAND ( 7 7 A C R E S )
* * +*
LY N W O O D P L A Z A
** * *
M A N H A T T A N TOWER
****
M ULHO LLA N D E S T A T E S DEV
* #* *
M U L T I-U S E PROJECT
* * * *
M U L T I-U S E PROJECT
* * * *
OCEAN V IE W CENTER
** * *
O F F I C E BLDG
+* **
O F F IC E BLDG
* * * *
O F F IC E BLDG
* * * *
O F F IC E BLDG
* * * *
O F F IC E BLDG
LOCATI ON
NEW YORK
F U L T O N CO
SACRAMENTO
HONOLULU
la
jC lla
C h i CAuG
nl l G
PGRT LAND
LOS A N G ELE S
S . D A D E CO
PH O EN IX
EAST POINT
NEW YORK
OAHU
BROWARD CO
ROSSLYN
HONOLULU
MAUI
DALLAS
HONOLULU
PORTLAND
BOSTON
MIAMI
SAN F R A N C I S C O
N E WB UR Y PARK
NEW YOR K
IRVINE
BEVERLY H I L L S
WASHINGTON
MOLOKAI
LAWRENCEVILLE
BEVERLY H I L L S
CORPUS C H R I S T
HARTFORD
OAHU
WASHINGTON
CHARLOTTE
SAN B E R N A R D I N
OA H U
MAUI
WAI KANE V A L L Y
S. SETAUKET
F U L T O N CO
V I R G I N I A BC H
M I A M I B EACH
SHERMAN OAKS
OAKLAND
ATLANTA
PALM S P R I N G S
DALLAS
LOS A NGE LES
ONTARIO
TS F O R E I G N IN VESTOR
NY
GA
CA
HA
CA
IL
HA
OR
CA
FL
A2
GA
NY
HA
FL
VA
HA
HA
TX
HA
OR
MA
FL
FL
CA
CA
NY
CA
CA
DC
HA
NJ
HA
CA
TX
CT
HA
DC
NC
CA
HA
HA
HA
NY
GA
VA
FL
CA
CA
GA
HA
CA
TX
CA
VA
CA
KUMAGAI GUMI
T H Y S S E N R H E I N S T A H L T E C H N I K ET AL
HOPEWELL H O L D IN G S
TOKAI U N IV E R S IT Y
S H I M I Z U C O N S T R U C T I O N CO L T D E T AL
U N I D E N T I F I E D IN V E S T O R
N A K A N O CORP
C O M M E R C IA L S E C U R I T I E S L T D
T O S H I U CORP
N I C H O N KOWA CO
S H I M I Z U L A N D COR P
L A IN G P R O P E R T IE S
D A I - I C H I M U T U A L L . I . CO
K A W A G U C H I, K A T S U H IR O
M AR R E SS E, M IC H A E L
LADBROKES
N A G A S A K I L U C K Y S H O J I CO L T D
O H B A V A S H I COR P
D A I - I C H I MUTUAL L . I . C .
K A W A G U C H I, K A T S U H IR O
C O M M E R C IA L S E C U R I T I E S L TD
PGGM P E N S I O N F U N D S
DAHLAWI F A M IL Y
S P O R T S S H I N K O CO
M I T S U I & CO
P U L T U S K IE R ,J O S E P H
GO M E S D E A L M E I D A , F E R N A N D E S E
SHUWA C O R P
U N I D E N T I F I E D IN V E S T O R
KON D O B E S E K I
T O K Y O KO G YO CO L T D
T R A F A L G A R HOUSE GROUP
M I T S U G I CORP
C H I Y O D A T R A D I N G CO
U N IO E N T IF IE D IN V E S T O R S
F L I C H Y . G U Y F . E T AL
D A I- IC H I R .E .C O
KUMAGAI GUMI
U . K . IN V E S T O R S
C O S T A IN GROUP
S A N K Y O T S U S H O CO L T D
KUMAGAI GUMI
U N ID E N T IF IE D IN V E S T O R
C A R R E F O U R SA
C I B A - G E I G Y CORP
S I E M A N S AG
CENTR A L WESTERN H O L D IN G S LTD
U N I D E N T IF IE D IN V E S T O R S
C H A N , LAWRENCE ET A L
LONDON & L E E D S E T AL
H A S E G A W A K O M U T E N CO L T D
Y O S H I D A K O S A N CO L T D
M A T S U S H I T A K O S A N CO L T D
M IT S U I FUDOSAN
C . I T O H 8c CO E T A L
M A T S U B A R A C O N S T R U C T I O N CO
TY
PE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
JV
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
value
NATNALTY
JA
GE
t 5 ., u
} . G
155 . 0
47 . 5
11 . 3
5 .5
200 . 0
7 5 «, 0
670. 0
8 .5
3 .9
7 .,
1
2 0 0 .. 0
1 7 0 .. 0
7., 5
3 ., 0
5 ,. 0
10 . 9
7., 5
8 6 .,0
3 5 ,.0
7,.8
T6 ,. 0
2,.0
2 .5
66..0
7 ,„ 3
Q ,. 4
50,.0
8 ,. 0
18 . 0
6 .0
9 ,. 5
10,.0
200,.0
.0
11,
6 .0
13,. 3
2 0 0 ,.0
,
8 !o
HK
JA
JA
JA
JA
NZ
JA
JA
JA
UK
JA
JA
CA
UK
JA
JA
JA
JA
NZ
NL
SA
JA
JA
GE
BR
JA
JA
JA
JA
UK
JA
JA
GE
FR
JA
JA
UK
UK
JA
JA
JA
FR
SZ
GE
CA
HK
HK
UK
JA
JA
JA
JA
JA
JA
*
g
M
|
1987 F O R E I G N O I R E C T
S IC
US
** **
* * ¥*
1 * »: *
OFFICE
OFFICE
F IR M
INVESTMENT
T R A N S A C T I O N S , CO M P L E T E .
NAME
BLDGS
BLDGS
O F F IC E BLDGS ( 2 )
O F F IC E BLDGS ( 2 )
* * * *
O F F IC E PARK
♦♦* *
ONE W A S H IN G T O N M ALL
* ¥**
ONE WESTWOOD
44**
P A L IS A D E S
P A V I L I O N TOWERS
+* * *
PHASES I I & I I I AT C I T I C O R P
* 4**
P H IL L IP S ESTATE
* * * *
PLA ZA WEST
* * t *
PLUM CREEK
¥***
P R O F E S S IO N A L BLDG
* * * *
P R U D E N T IA L P LA ZA BLDGS
* * **
Q U A K E R TOW ER
R E T A IL CENTER
* * * *
ROBERT OOLLAR BLDG
* ***
S H O P P IN G CENTER
* ***
S H O P P IN G CENTER
*4**
S H O P P IN G C ENTER
* * 4*
S H O P P IN G C EN TE R S ( 5 )
«A t *
SOMERSET COURT
S U M M IT AT SO U THLAKE
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SUNNYMEAD RANCH
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S U N N Y S ID E PLAZA
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THE BABYLON
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TH E C R O S S IN G S
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T O S E I O F F IC E BLDG
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TWO P R U D E N T I A L TOW ER
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U . S . N E W S & WORLD R E P O R T BLDG
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U N IO N S T A T IO N A PTS
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W ESTCOURT IN THE BU T T E ^
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1 0 1 C A L I F O R N I A ST
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ROH M & H A A S ' S E E O B U S .
fJ 1 9 1
BV SIC
LO C A T IO N
LOS ANGELES
W A S H IN G T O N
M IA M I
TORRANCE
Q U IN C Y
BOSTON
W E ST W O O D
ATLANTA
AURORA
LOS A N G E LE S
W A S H IN G TO N
ROSSLYN
C A S T L E ROCK
LOS A N G E L E S
CHICAGO
CHICAGO
F O R T WO R T H
S AN F R A N C I S C O
E D G E I VA T E R
LOS A N G E L E S
TI JCKAHOE
WALTHAM
MORROW
O R A N G E CO
C L A C K A M A S CO
MIAMI
MESA
HOLLYWOOD
HONOLULU
CHICAGO
WASHINGTON
UNION C IT Y
TEMPE
N EWPORT BEA CH
SONOMA CO
PORTLAND
SANT A MONICA
l GS A N G E L E S
SAN F R A N C I S C O
CHICAGO
GRESHAM
S A N T A ANA
WASHING~ON
CHICAGO
BOSTON
WALNUT CREEK
SANTA
ANA
NEW Y O R K
S AN F R A N C I S C O
PORTLAND
NEW YORK
PIXLEY
DELANO
M ORGAN H I L L
PHILADELPHIA
*
TS
F O R E IG N
CA
DC
FL
CA
MA
MA
CA
GA
CO
CA
DC
VA
AZ
CA
IL
IL
TX
CA
NJ
CA
NY
UN
MA
GA
CA
OR
FL
AZ
CA
HA
IL
DC
GA
AZ
CA
CA
OR
CA
CA
CA
IL
OR
CA
DC
IL
MA
CA
CA
NY
CA
OR
NY
CA
CA
CA
PA
SHUWA C O R P
S U M IT O M O L . I . C .
S A N S E I CO L T D
MARUCHAN IN C
U N ID E N T IF IE D IN V E S T O R S
U N I D E N T I F I E D IN V E S T O R
B U R N E T T & H A L L A M S H IR E GROUP
PG GM P E N S I O N F U N D S
C H I E M O R I K O G YO CO L T D
M I T S U B I S H I R E A L E S T A T E CO L T D
H A R IR I, R A F IK
LADBROKES
BANK OF NOVA S C O T IA
G I N G I I N V E S T M E N T CO E T A L
N IP P O N L . I . C .
BCDE D E V E L O P M E N T S CORP
U N I D E N T I F I E D IN V E S T O R S
K U G A V A S H O J I CO L T D
VAOHAN
K A T A O K A & CO L T D
D A I - I C H I F U D O S A N CO L T D
CAMPEAU CORP
L O N D O N & E D I N B U R G H R E D E V CO
C .H .B E A Z E R H O L D IN G S
L E S N O U V E A U X C O N S 'T R U C T E U R S SA
GREYMOR D E V E L O P M E N T
VENEZUELAN R .E .C O
T A IV O R .E .C O .L T D .
C H I T A K A I N T ' L F O O D S CO
T O S E I S H O J I CO L T D
N IP P O N L . I . C .
SHUWA C O R P
GERMAN IN V E S T O R S
S H I M I Z U G E N E R A L C O N S T R . CO E T A L
SHUWA C O R P
B O N D I t G E O R G IO
C O M M E R C IA L S E C U R I T I E S LTD
A S A H I URBAN D E V CORP
S U M IT O M O L . I . C .
N I P P O N L I F E I N S CO
D A I - I C H I MUTUAL L . I . C .
J A L L A D , MAMOOR
HASEGAWA KOMUTEN
D A I - I C H I MUTUAL L . I . C .
T A I S E I CORP
SHUWA T R U S T CO
M I T S U I FUDOSAN
NANSAY CORP
M I T S U I RE D E V CO L T D
U N I D E N T IF IE D IN V E S T O R
C O M M E R C IA L S E C U R I T I E S L T D
S U M I T O M O R E A L T Y & D E V E L O P M E N T CO
H O K U R I K U COCA C O LA B O T T L I N G CO
U N I D E N T I F I E D UK I N V E S T O R S
S A K A T A S E E D CO L T D
KWS K L E I N W A N Z E B E N E R S A A T Z U C H T AG
IN V E S T O R
TY
VALUE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
10 0.0
2 2 5 .0
AM
AM
NP
AM
8 .5
50.0
36.0
50.0
25.0
12.8
13.0
67.0
18.5
0.9
21 . 0
10.0
15.0
200. G
2.5
45.0
300.0
7 .5
20 . 0
8G .0
a .9
35.0
25.5
70.0
14 5 . 0
560 . 0
0 .5
11.0
46. 4
50. n
100.0
16.3
42.5
75.0
3.3
500.0
1. 2
3.5
NATNALTY
JA
JA
JA
JA
KU
JA
UK
NL
JA
JA
SA
UK
CA
JA
JA
CA
HK
JA
JA
JA
JA
CA
UK
UK
FR
CA
VE
JA
JA
JA
JA
JA
GE
JA
JA
IT
NZ
JA
JA
JA
JA
Sv
JA
JA
JA
JA
JA
JA
JA
HK
NZ
JA
JA
UK
JA
GE
1907
SIC
024 1
1011
io n
1021
1021
1021
10 3 I
104 1
1041
104 1
10 4 1
1041
104 1
1041
10 4 1
1041
10 4 1
10 4 4
10 4 4
1094
1211
1211
1 2 11
1211
1 3 11
1311
1311
1 3 11
1 3 11
1311
13 11
1311
1311
1311
1 3 11
1 3 11
1311
1311
1311
1311
1 3 11
1 3 11
1311
1382
1382
1389
1389
1442
1442
1442
1442
1455
1499
1521
1521
1521
FOREIGN
US
DIRECT
FIRM
INVESTMENT
TRANSACTIONS,
COMPLETE,
NAME
MASSTOCK I N T L
A R A B I A N S H I E L D D E V E L O P M E N T CO
M . A . H A N N A CO
BP M I N E R A L S A M E R I C A
MONTANA R ES O U R C E S M I N E S ( 9 )
N EWMO N T M I N I N G C OR P
Rc. l < DOG M I N E
GOLD STANDARD IN C
H I L L T O P GOLD PROPERTY
K E N S I N G T O N GOLD PROPERTY
K ETTLE R IV E R PROJECT
LA CA NA GOLD I N C
N I P P O N M I N I N G OF N E V A D A L T D
ROUND M O U N T A I N GOLD M I N E
S T J O E G O L D C OR P
W E S T E R N G O L D E X P L O R A T I O N & M I N I N G CO
ZACA P RO PER TY
GRE ENS CREEK M I N E
SILVER H IL L MINE
R E S E R V E O I L & M I N E R A L S C OR P
E A S T E R N GA S & F U E L A S S O C C O A L P R O P E R T I E S
H E N D R IX TRACTS
R O C K Y MT E N E R G Y C O / I D E M I T S U KOSAN JV
W E S T M O R E L A N D C O A L CO
A MO CO/JAPEX O I L E XP LO R A TIO N VENTURE
C H E V R O N U $ A I N C / N I P P O N O I L CO V E N T U R E
DRX I N C
E X P L O R A T I O N OF L O U I S I A N A I N C ' S P R O P S
FOREST O I L C O R P 'S WELLS
H A R K E N O I L & GA S I N C
NEW P A R A H O C O R P ' S P R O P E R T Y
O I L LEASES ( 8 4 )
OXOCO I N C
TAURUS PETROLEUM INC
T E X A C O / N I P P O N O I L CO V E N T U R E
TE XA C O /P ETR O B RA S O I L VENTURE
TEXAS IN TE R N A TIO N A L C O'S O IL /G A S ASSETS
T R I T O N E N E R G Y C OR P
T R I T O N E N E R G Y C OR P
U N I O N T E XA S PET R OL EU M HOLD. INC'S PROPS.
U N I O N T E X A S P E T R O L E U M / N E S T E OY V E N T U R E
VALEX PETROLEUM INC
WOODBINE PETROLEUM INC
ENERGY V E N T U R E S IN C
G O L D K I N G C O N S O L I D A T E D INC
K E N C O P E E N E R G Y COS
PENGO W I R E L I N E
A M E R IC A N AGG REGATES CORP
0OO RHEIM - F IE LD S INC
C A L M A T CO
J . L . S H I E L Y CO
E NG ELH AR D CORP
P E A T A S S O C I A T E S OF A M E R I C A
A - M H OMES
D O R I C / M I T S U I JV
I O M / K G W A B U S S A N JV
BY
*
SIC
********************+************************************
LOCATION
TS
FOREIGN
CORDELE
DALLAS
CLEVELAND
SALT LAKE
BUTTE
NEW YORK
GA
TX
OH
UT
MT
NY
AK
UT
NV
AK
WA
NV
NV
NV
MO
CO
NV
AK
NC
NM
WV
KY
AK
PA
LA
CA
CO
LA
TX
TX
CO
LA
TX
CO
LA
LA
TX
TX
TX
TX
ND
CO
TX
TX
CO
TX
TX
OH
TX
CA
MN
GA
MN
CA
CA
CA
MASSTOCK I N T L
A L Z U H A I R , HAR B S A L E H
B R O N F M A N . E DWARD & P E T E R
U N I T E D K I N G D O M , G O V ' T OF
U N ID E N T IF IE D AUSTRALIAN INVESTORS
O P P E N H E I M E R , H ARRY F . & F A M I L Y
C ANADIA N P A C I F I C LTD
S A A D I E N , RAY
B R O N F M A N , P E T E R & EDWARD
ECHO B A Y M I N E S L T D
ECHO B A Y M I N E S L T D
I N T E R N A T I O N A L CORONA R E S O U R C E S L T D
N IPPON M I N I N G LTD
E CHO B A Y M I N E S L T D
BOND, ALAN
O P P E N H E I M E R , H ARRY F . & F A M I L Y
C A L I F O R N I A GOLD M I N E S L T D
U N I T E D K I N G D O M , G O V ' T OF
N I A G A R A C A P I T A L CORP
B R I E R L E Y , R O N A L D E T AL
O P P E N H E I M E R , HARRY F . & F A M I L Y
V E B A AG
I D E M I T S U K O S A N CO L T D
V E B A AG
J A P A N , G O V ' T OF
N I P P O N O I L CO L T D
U N I T E D GUAR ANTEE PLC
P E T R O F I N A SA
F R A N C E , G O V ' T OF
T R A C O I N T E R N A T I O N A L NV
R OY AL D U T C H S H E L L GROUP
R OY AL D U T C H S H E L L GROUP
P H O E N I X V E N T U R E S SA
C O R N I S H . B R I A N E . ET AL
N I P P O N O I L CO L T D
B R A Z I L , G O V ' T OF
F R A N C E , G O V ' T OF
YUNGHANNS, PETER N.
B R I E R L E Y , RONALD ET AL
R OY A L D U T C H S H E L L GROUP
F I N L A N D , G O V ' T OF
PARGESA
MOAGE L T D
S I D A W I , RAJA
WOHNLICH, MARTIN J .
NEW L O N D O N O I L P L C
J OH N WOOD G R O U P P L C
O P P E N H E I M E R , HARRY F . & F A M I L Y
CEM ENT- ROADSTONE H O LD IN G S LTD
B R I E R L E Y , R O N A LD A . ET AL
E N G L I S H C H I N A C L A Y S PLC
O P P E N H E I M E R H ARRY F . & F A M I L Y
F I T Z G E R A L D . R E G I N A L D ET AL
J EN N IN G S I N T ' L LTD
M I T S U I & CO L T D
KOWA B U S S A N E T A L
CTY
S AL T LAKE CTY
LANDER CTV
JUNEAU
F E RR V C O U N T Y
R ENO
N YE C O U N T Y
CLAYTON
DENVER
RENO
DENTON
ALBEQUERQUE
L E T C H E R C TY
ANCHORAGE
PHILADELPHIA
G U L F OF M E X
DENVER
BEDFORD
R I O BLANCO
G U L F OF M E X
HOUSTON
DENVER
G U L F OF M E X
G U L F OF M E X
DALLAS
DALLAS
PERMIAN BASIN
DENVER
DALLAS
HOUSTON
DENVER
SAN A N T O N I O
FT W O R T H
GREENVILLE
POwDERLY
LOS ANG E L E S
ST P A U L
GORDON
AITKIN
SANTA BARBARA
ALAMEIDA
W ESTLAKE VILL
INVESTOR
TY
OT
El
El
OT
AM
El
JV
AM
JV
JV
OT
El
OT
OT
AM
OT
OT
JV
OT
El
AM
AM
JV
El
JV
JV
AM
AM
AM
El
AM
AM
AM
AM
JV
JV
AM
El
El
AM
JV
El
El
AM
AM
AM
AM
AM
AM
AM
AM
PE
OT
AM
JV
JV
VALUE
6. 0
2. 0
22. 1
0. 2
15 5 1 . 0
1.8
1.3
10. 0
2.5
70.
551 .
80.
12 .
0
0
0
0
1.3
3 ., 5
2 8 ,. 1
14 . 3
100,.0
0,.5
64 .8
15 . 3
17 . 5
37 .0
56 .0
2 .8
0 .4
100 .0
10 . 0
120 .0
1.2
5 .6
83 . 0
0 .9
5 .6
242 .0
1 10 . 4
7 3 .0
24 .0
30 .0
NATNALTY
El
SA
CA
UK
AS
SO
CA
CA
CA
CA
CA
CA
JA
CA
AS
SO
CA
UK
CA
NZ
SO
GE
JA
GE
JA
JA
UK
BE
FR
SA
NL
NL
BF
AS
JA
BR
FR
AS
NZ
NL
FI
BE
AS
AU
SZ
UK
UK
SO
El
NZ
UK
SO
UK
AS
JA
JA
1987 F O R E I G N OI RECT"
S IC
•5 2 1
1521
152!
1521
1541
1542
1542
1542
1542
1611
1731
1731
2022
2022
2022
2026
2026
2026
2032
2033
2033
2037
2038
2038
2041
2041
2041
2045
2047
2047
2048
2048
2051
2051
2u52
2052
2065
2082
2082
2082
J084
2084
*0 8 4
J084
2084
J l* 8 5
2065
2086
2086
2087
2087
2091
2092
2095
2096
JU98
U S F IR M
INVESTMENT TRANSACTIONS . C O M P L E T E . B Y SI C
NAME
P AS S AM A Q U O D D Y HOM ES J V
R A L P H S Q U IR E S H O M E S
R A N O A L L P H I L L I P S B U IL D E R S IN C
W E S T R E N D HOM E'S J V
D I L L I N G H A M C O N S T R U C T IO N C O R P
E M E R A L IN C
P R I N C E V I L L E D E V E L O P M E N T CO
S O L T E IN C
T E C H - H A U S IN C
B L Y T H E I N D U S T R I E S IN C
CO M STO CK GRO UP' IN C
N A S A E L E C T R IC A L S E R V IC E S
B E S N I E R A M E R IC A N IN C
D A IS Y F R E S H CORP
I N T L C H E E S E CO IN C
FO REM OST D A IR IE S
Q U E E N S F A R M S D A IR Y
T U S C A N D A I R Y F A R M S IN C
JO H N LA B A TT FOO DS
CAPRI SUN.
N A S I S C O 'S D R O M E D A R Y O P E R
D l G IO R G IO C O R P
O f t E S S E L 'S B A K E R IE S
R O S E T T O FOO DS
G R EEN FOODS CORP
T N T L M U L T IF O O 0 S C O R P
N EW E N G L A N D M I L L I N G CO
RHEON
B tO P R O D U C T S IN C
J l l f t D A N D Y CO IN C
C E N TR A L SOYA CORP
DUCON
C O U N T R Y E P IC U R E IN C
V IE D E FR A N C E CORP
fiA H L S E N O F A M E R IC A IN C
H A L L A M 'S P E A N V t B U T T E R P L A N T
E .J .B R A C H CO RP
A S A H I B R E W E R IE S U S A I N C
G . H E IL E M A N B R E W IN G CO
L A T R O B E B R E W IN G CO
A L M A D E N V IN E Y A R D S I N C
H E U B L E IN IN C
M A R K H A M W IN E R Y
PETALUM A LTO
S T . C L E M E N T V IN E Y A R D S
S C H E N L E Y I N D U S T R IE S I N C
T A K A R A S A K E U S A IN C
C O C A -C O L A B O T T L IN G O F N . N E w E N G L A N D IN C
ZE P H Y R H IL L S
BO RDEN * S W YLER POW D. S O FT D R IN K B U S .
H E U B L E I N 'S R & D C E N T E R
N IC H IR E I CORP OF A M E R IC A
S U G IY O U SA
H I L L & H I L L IN C
A M E R I C A N I T A L I A N P A S T A CO
S H IM O K O & SONS
L O C A T IO N
TS
F O R E IG N
PORTLAND
CHARLOTTE
N A S H V IL L E
O R A N G E CO
PLEASANTON
ME
NC
TN
CA
CA
MA
HA
CA
NE
NC
CT
HA
CA
CA
VT
HA
NY
NJ
ORCA
GA.
CA
IL
NV
CA
MN
MA
NC
OR
GA
IN
M A K R O tA L O O V
C . H . 8 E A Z E R H O L D IN G S
C . H . B E A Z E R H O L D IN G S
A R IA D N E L T D
S H I M I Z U C O N S T R U C T IO N C O L T D
EG ERTO N TR U S T
Q U IN T E X L T D
J O H N H O L L A N D H O L D IN G S L T D
G E R M A N IN V E S T O R S
A L F R E D M C A L P IN E P L C
S P IE B A G N A T O L L E S SA
K IN K I O E N K I KKK
B E S N IE R S A
S O U R C E P E R R IE R
T I'S N S E S O IK E R I N T L B V
H O U S E F O O D IN D U S T R I A L C O L T D
JOHN LA R A TT LTD
JO HN LA B A TT LTO
JOHN LA B A TT LTD
W IL D CO
B O R N & , P H I L I P & CO L T D
M IM G R O U P L T D E T A L
L N S T D E D E V E L O P IN D U S T R I E S A G R IC O L E S
JO HN L A B A T T LTO
G R E EN FO O DS CORP
BREG M AN F A M IL Y E T A L
IT A L G R A N 1 S P A
R H E O N A U T O M A T IC M C H V CO
M I T S U I A CO L T D
G R A N D M E T R O P O L IT A N P L C
F E R R U Z Z l GROUP
B R O N F M A N F A M IL Y
V IL 6 R A IN F A M IL Y
V I L G R A I N F A M IL Y
B A H L S ^ N F A M IL Y
U N I D E N T I F I E D J A P A N E S E IN V E S T O R
C O L IM A H O L D IN G A G
A S A H I B R E W E R IE S L T D
BOND, ALAN
JO H N L A B A T T L T D
G R A N D M E T R O P O L IT A N P L C
G R A N D M E T R O P O L IT A N P L C
SAN R A K U IN C
C L Y D E IN D U S T R IE S L T D
S A P P O R O B R E W E R IE S L T O
G U IN N E S S P L C
T A K A R A S H U Z O CO L T D
K I R I N B R E W E R Y CO L T D
S O U R C E P E R R IE R
U N IL E V E R N V
G R A N D M E T R O P O L IT A N P L C
N IC H IR E I CORP
S U G IY O CO L T O E T A L
M IS U Z U C O F F E E CO E T A L
S P I G A D O R O - P E T R IN I F A M IL Y
IT O E N C O L T D
HONOLULU
LOS A N G E LES
L IN C O L N
CHARLOTTE
D A N 8U R Y
HONOLULU
TURLOCK
H IN E S B U R G
HONOLULU
NEW Y O R K
U N IO N
EUGENE
FRESNO
WOOOBURY
S A N F R A N C IS C O
C H IC A G O
RO CHESTER
OXNARD
M IN N E A P O L IS
BOSTON
CHARLOTTE
W ARRENTON
ATLANTA
F O R T WAYNE
OMAHA
KATONAH
MCLEAN
CARY
N IX A
C H IC A G O
LOS ANG ELES
LACROSSE
LATROBE
SAN JO S E
F A R M IN G T O N
NAPA
DUNDEE
S T . HELENA
NEW YO R K
BERKELEY
S . PORTLAND
Z E P H Y R H IL L S
NEvw vO R K
F A R M IN G T O N
F IF E
4NAC0RTES
HONOLULU
E X C E L S IO R S P G
HONOLULU
HB
NV
VA
NC
Ma
IL
CA
WX
PA
CA
CT
CA
OR
CA
NV
CA
ME
FL
NY
CT
WA
WA
HA
MO
HA
IN V E S T O R
TY
JV
AM
AM
JV
AM
AM
AM
AM
AM
AM
AM
AM
NP
AM
AM
AM
AM
AM
OT
NP
AM
AM
AM
AM
NP
AM
El
NP
AM
AM
AM
JV
AM
El
NP
AM
AM
OT
AM
AM
AM
AM
AM
OT
AM
AM
PE
AM
AM
AM
OT
NP
JV
AM
JV
AM
VALUE
.
2 9 .3
5 8 .0
#
2 0 .5
1 .0
1 5 .5
#
#
m
m
1 1 .0
2 4 .9
5 .3
2 5 .0
3 6 0 .0
3 0 .0
.
7 3 0 .0
0 .9
1 2 0 0 .0
3 5 .0
1 2 8 .0
1 2 0 0 .0
8 .0
#
3 .4
4 8 0 .0
.
.
.
.
8 .0
8 .5
.
1 .0
2 6 .0
7 .0
NATNALTY
FI
UK
UK
AS
JA
UK
AS
AS
GE
UK
FR
JA
SZ
FR
NL
JA
CA
CA
CA
GE
AS
UK
FR
CA
JA
CA
IT
JA
JA
UK
IT
CA
FR
FR
GE
JA
SZ
JA
AS
CA
UK
UK
JA
AS
JA
UK
JA
JA
FR
NL
UK
JA
JA
JA
IT
JA
1987
:>I C
2u«9
->09 9
2099
2131
-V II
-V lt
.V M
2211
-V II
? ? :•)
LV21
2221
2221
2241
2253
2271
2271
7271
-'2 /2
?2H1
_vai
?2B1
2281
22<i2
JJd4
22d7
J iJ j
2342
J .i9 6
2399
2399
2411
2421
2421
2426
2429
2435
2435
2499
2512
2521
2531
2531
2531
2531
2531
2621
2621
2b21
2 b :n
Jfo.11
2 i.1 1
...4 1
„.»41
J t>45
2*>45
FOREIGN
US F I R M
DIRECT
I N v E S T M E * « A N S A " T I ONS .
::JKPiET E,
NAME
C O R N /P O K K A
D U R K E E F R E N C H FO O O S
I N D I A N SUM MER I N C
A D VA N C ED TOBACCO P R O D u f.~
IN C
B U R L IN G T O N S D E N IM Pl A N t
F O R S T M A N N & CO
I K E D A I N T E R I O R S Y S T E M : . INC
T . S . T R IM IN D U S T R IE S I V .
TECHNO T R IM IN C
ADO CORP
G I V I D I GLASS F A B R IC S U i v I ^ l U N
M A R T IN P R O C E S S IN G IN C
TORAV IN D U S T R I E S IN C
J . P . S T E V E N S ' W I D E E L A S T I C F A B R I C B US
K U N J A I N D U S T R I A L CO
AMTEX IN C
CORONET IN D U S T R IE S IN I
S T E V E N S /S O M M E R
CUM BERLAND M I L L S IN C
B E A U L I E U OF A M E R I C A
TNS M I L L S IN C
TNS M IL L S IN C
TNS M IL L S IN C
TORAV IN D U S T R IE S
S T A N D A R D - C O O S A T H A T C H E R CO
TNS M IL L S
W I L L I S & G E IG E R
NCC I N D U S T R I E S I N C
BECKERS L A V -T E C H
M -T E K IN C
T R IM MASTERS IN C
P A C IF IC VENEER LTD
S A N S H I N M 0 K U 2 A I K O G VO CO
WEST COAST FO R EST PRO DUCTS IN C
O L I V E R A M E R I C A N H I G H P O I N T W O O D W O R K IN G
T E A L CEDAR
I K E IN T E R N A T IO N A L CORP
LETRON
DEE FO R E ST PRO DUCTS IN C
BENCH CRAFT IN C
S T E N D IG /V IT R A J O IN T VENTURE
G E N E R A L S E A T IN G OF A M E R IC A IN C
IN T E R K A L IN C
S E TE X IN C
T A K A T A - G E R IC O CORP
T R I-C O N IN D U S T R IE S LTD
B L A N D I N P A P E R CO
MOHAWK P A P E R M I L L S I N C
P E N T A IR IN C 'S M IL L
C A SCADES N IA G A R A F A L L S IN C
E F T E N IN C
G E O R G IA C R A FT C O 'S M I L L
LANGGUTH
REXHAM CORP
A M B E R F I L E CO
U N I V E R S A L P A P E R G O O D S CO I N C
LO-
Bv
SIC
A ■ i ON
J A t\LA N D
S GD U S
SAN A N T O N I O
E R w IN
Ou B l I N
MURFREESBORO
COLUMBUS
GHEENCAS^LE
SPARTANBURG
H A V E R H IL L
M A R T IN S V IL L E
TOLEDO
rtODLWI N E
M A R IO N COUNTV
uEBANON
D A L t ON
SIMPSONVILLE
Ch A T S wORTH
B R ID G E P O R T
GAFFNEV
BLACKSBURG
SPARTANBURG
N .K IN G S T O W N
CHATTANOOGA
EUFAULA
NEW V O R K
CORTLAND
S P R IN G F IE L O
MANCHESTER
HARRODSBURG
ABERDEEN
CO
SEATTLE
H IG H P O IN T
B U R L IN G T O N
STANLEY
BLYTHEWOOD
DEE
BLUE M O U N T A IN
F A IR F IE L D
FRANKFORT
KALAMAZOO
ST M A R Y 'S
DENVER
L IV IN G S T O N
GRAND R A P I D S
COHOES
PORT HURON
N IA G A R A F A L L S
BUTLER
M AC O N
MT L A U R E L
CHARLOTTE
KANKAKEE
LOS ANGELES
TS
F O R E IG N
CA
NJ
NV
TX
NC
GA
TN
OH
IN
SC
MA
VA
OH
VA
SC
OH
GA
SC
GA
AL
SC
SC
SC
RI
TN
AL
NV
NV
TN
TN
KY
WA
WA
WA
NC
WA
WI
SC
OR
MS
NJ
IN
MI
OH
CO
TN
MN
NY
MI
NY
IN
GA
NJ
NC
IL
CA
POKKA CORP
R E C K I T T & C O LM A N P LC
NAKANO V IN E G A R LTD
P H A R M A C I A AB
D O M IN IO N T E X T IL E IN C
K U A N G - P I U , CHAO
I K E D A B U S S A N CO L T D
T O K Y O S E A T CO L T D
T A C H I - S CO L T D
WULF, HUBERT
G I V I D I S . A . P . A . & T E X ~ I M P I A N T I SPA
COURTAULDS PLC
TORAV IN D U S T R IE S IN C
CO URTAULDS PLC
K U N J A I N D U S T R I A L CO L T D
H A Y A S H I T E L E M P U CO L T D
CORONET C A RPETS IN C
SOMMER A L L I B E R T SA
SORELTEX IN T L
B E A U L I E U T U F T I N G NV
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
TORAY IN D U S T R IE S IN C
TO O TA L GROUP PLC
T S U Z U K I S P I N N I N G CO L T D
ASHLEY F A M IL Y
S P IE S S H O F E R . GUENTHER
B E I J E R I N V E S T M E N T AB
N I S S A N M O T O R CO L T D
TO Y O T A MOTOR CORP
BANK OF TOKYO
S A N S H I N M O K U Z A I KO G YO CO L T D
S E K IS U I HOUSE LTD
F U J I S T E E L CO L T D
T E A L CEDAR PRODUCTS 1 9 7 7 L T D
I K E I N T E R N A T IO N A L CORP
L E T R O N GMBH
H A Y L O C K , OW EN F E T A L
ZU N G , RONALD B E I FAN & YVONNE
V I T R A AG
N H K S P R I N G CO L T D
K O T O B U K I S E A T I N G CO L T D
T A C H I - S CO L T D
TA K A TA CORP
T O K Y O S E A T CO L T D
B R O N F M A N , E DW A RD & P E T E R
S T O R A K O P P A R B E R G S B E R G S L A G S AB
W ESTO N , GEORGE
CASCADES IN C
H O N S H U P A P E R CO L T D
P R A TT H O L D IN G S P TY LTD
L A N G G U T H G M B H & CO
BOWATER I N D U S T R I E S PLC
E S S E L T E AB
E S S E L T E AB
IN V E S T O R
t
v
v* V
OT
AM
AM
AM
AM
OT
NP
JV
PE
AM
AM
NP
AM
NP
OT
AM
JV
AM
NP
NP
PE
PE
NP
AM
NP
AM
El
NP
NP
JV
JV
NP
AM
PE
NP
NP
NP
JV
El
JV
JV
AM
JV
JV
NP
PE
JV
AM
PE
JV
AM
OT
AM
OT
AM
value
2 . 1
3 .0
2 0 5 .0
2 0 .0
3 .0
3 .0
1 0 0 .0
1 2 .5
8 .0
•
20 . 0
6 5 .0
2 1 3 .0
25 . 0
0 . 1
1 5 .0
9 .6
•
1 .4
1 .8
1 .4
0 . 1
28 .0
•
3 .2
3 .3
.
3 .0
4 .0
3 5 0 .0
1 4 .4
1 5 .0
*
2 1 2 .0
2 2 6 .0
•
NATNALTV
JA
UK
JA
s*
CA
HK
JA
JA
JA
GE
IT
UK
JA
UK
KS
JA
CA
FR
CA
BE
JA
JA
JA
JA
UK
JA
UK
ge
sw
JA
JA
JA
JA
JA
JA
CA
JA
GE
NZ
SN
SZ
JA
JA
JA
JA
JA
CA
SW
CA
CA
JA
AS
GE
UK
SW
SW
1
„
rr
on
|
t9 8 7 F O R E I G N O I R E C T I N V E S T M E N T T R A N S A C T I O N S , C O M P LE TE ,
S IC
2648
2649
2655
2711
2711
2721
2721
2721
2721
2721
2721
2721
2721
2731
2731
2741
2751
2752
2753
2754
2754
2754
2754
2762
2813
2 b 16
28 16
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2819
2821
2821
2821
2821
2821
2821
2821
2821
2821
2821
2821
2821
2821
2821
US
F IR M
NAME
SHEAFFER EATON D I V I S I O N
L . E . C A PEN TER ' S ASSETS
KLOCKNER C O N TR A C T P A C K A G IN G
MONROE E N Q U IR E R JO U R N A L E T AL
W O R T H IN G T O N D A I L Y GLO BE
C A L IF O R N IA
D O N O G H U E 'S MONEY FUND REPO RT ET AL
H A Y D E N P U B L I S H I N G CO
MODERN B R ID E
MS M A G A Z I N E
P R E M IE R E
SASSY
V A R IE T Y IN C
H A R P E R & ROW P U B L I S H E R S . 1 NC
I D E A L S P U B L I S H I N G CORP
M C C A L L P A T T E R N CO
M E R E D IT H /B U R D A CORP
H O L L A D A Y -T Y L E R P R I N T I N G CORP
W E S T E R N L I T H O P L A T E & S U P P L Y CO
ALCO GRAVURE IN C
D I V E R S I F I E D P R I N T I N G CORP
TO P P AN IN T E R A M E R IC A IN C
T O P P A N P R I N T I N G CO ( A M E R I C A ) I N C
KAMBARA USA
A IR C O /1 N D U S T R IA L GASES
C I 8 A - G E 1 G Y CORP
SCM C H E M I C A L S I N C
A D V A N C E D C O M P O S IT E M A T E R I A L S CORP
B A R N E B E Y - C H E N E Y CO
D E G U S S A C OR P
DU P O N T D E N E M O U R S & CO E l
D Y N A M IT NOBEL C H E M IC A L S
E L K E M - A M E R I C A N C A R B I D E CO
E M S -T O G O C O R P .
H A R S H A W /F IL T R O L P A R T N E R S H IP
H I CHEM D I A G 0 N 1 S T I C S IN C
IN T E R L O X A M E R IC A
IO C H E M CORP
N IA C H L O R
Q U A R T Z PRO D UC TS CORP
R E IC H H O L D C H E M IC A L IN C
V I N I N G S IN D U S T R IE S IN C
ATC IN C
CO LO RTECH IN C
D E N K A C H E M IC A L CORP
FURANE PRODUCTS CO.
H IM O N T IN C
I C I ' S CARODEL S P E C IA L T Y R E S IN S
I D E M I T S U C H E M I C A L S U SA
K A N E G A F U C H I C H E M I C A L I N D S CO
K L E E R D E X CO
M A L L I N C K R O D T S ' F LO W C O P R O D U C T S D I V
M OB A Y C O R P
N I P P O N P I G M E N T U SA I N C
R E P U B L IC P L A S T IC S
S H IN T E C H IN C
BY SIC
L O C A T IO N
TS
F O R E IG N
P IT T S F IE L D
DAYTON
R IC H M O N D
MONROE
W O R T H IN G T O N
LOS ANG ELES
H O L L IS T O N
HASBROUCK HTS
NEW Y O R K
NEW Y O R K
NEW V O R K
NEW Y O R K
NEW YOR K
NEW Y O R K
M IL W A U K E E
NEW Y O R K
GREENSBORO
GLENN DALE
ST L O U IS
R O C H E L L E PARK
NEW Y O R K
MCDONOUGH
SANTA M O N IC A
T U A L A T IN
CLAYTON
NEWPORT
ASHTABULA
GREER
COLUMBUS
THEODORE
LA P O R T E
M O B IL E
W IL M IN G T O N
TAYLOR
CLEVELAND
BREA
LO N G V IE W
V IC I
N IA G A R A F A L L S
R IV E R P O R T
W H IT E P L A IN S
ATLANTA
N A S H V IL L E
M O R R ISTO W N
HOUSTON
LO S A N G E L E S
W IL M IN G T O N
F A Y E T T E V IL L E
D E T R O IT
SO M O N T R O S E
B R IS T O L
M A R IE T T A
HEBRON
HOUSTON
L A N S IN G
FREEPORT
MA
OH
VA
NC
MN
CA
MA
NJ
NY
NY
NY
NY
NY
NY
WI
NY
NC
MD
MO
NJ
NY
GA
CA
OR
DE
DE
OH
SC
OH
AL
TX
AL
DE
MI
OH
CA
TX
OK
NY
KY
NY
GA
TN
TN
TX
CA
DE
NC
MI
PA
PA
OH
OH
TX
MI
TX
G E F I N O R SA
F O R B O AG
K L O E C K N E R -W E R K E AG
THOM SON, KENNETH R & F A M IL Y
THOMSON, KENNETH R & F A M IL Y
P A C K E R , KERRY
I N T ' L B U S IN E S S C O M M U N IC A T IO N S H O L O .
VNU BV
REED IN T E R N A T IO N A L PLC
F A I R F A X f W A R W IC K & F A M I L Y
F I L I P A C C H I „ D A N IE L
F A I R F A X , W A R W IC K & F A M IL Y
REED IN T E R N A T IO N A L PLC
W IL L IA M C O L L IN S PLC
GUTENBERGHUS BLADENE A /S
JOHN CROWTHER GROUP PLC
B U R D A GM B H
J . S . A T K IN S O N ESTA TE
M I T S U B I S H I C H E M IC A L IN D U S T R IE S LTD
MAXW ELL, ROBERT
MAXW ELL, ROBERT
T O P P A N P R I N T I N G CO L T D
T O P P A N P R I N T I N G CO L T D
KAMBARA F A M IL Y
BOC I N T E R N A T I O N A L P L C
C I B A - G E I G Y CORP
HANSON IN D U S T R IE S PLC
T A T E H O C H E M I C A L I N D S . CO L T D
S U T C L IF F E SPEAKMAN
D E G U S S A AG
BRONFMAN F A M IL Y
F E D M U H L E , N O B L E AG
ELKEM A / S
E M S - T O G O AG
C LO R E , ALAN
E L A N CORP P LC
LAPORTE IN D S /S O L V A Y C IE
IO C H E M CORP
BRONFMAN F A M IL Y
F R A N C E , G O VT OF
D A IN IP P O N IN K & C H E M IC A L S IN C
LAPORTE IN D S H O L D IN G S PLC
UBE IN D U S T R IE S LTD ET AL
COLORTECH IN C
B A Y E R AG
C IB A , G E IG Y CORP.
F E R R U Z Z I GROUP
IM P E R IA L C H E M IC A L IN D S PLC
I D E M I T S U K O S A N CO L T D
K A N E G A F U C H I C H E M I C A L I N D S CO L T D
T S U T S U N A K A P L A S T I C I N D S . CO
H E N K E L KGAA
B A Y E R AG
N I P P O N P I G M E N T CO L T D
F E R R U Z Z I GROUP
S H 1 N - E T S U C H E M I C A L CO L T D
IN V E S T O R
PLC
TY
VALUE
AM
AM
NP
AM
AM
AM
AM
AM
AM
AM
JV
OT
AM
AM
AM
AM
NP
AM
AM
AM
AM
NP
NP
NP
NP
NP
NP
AM
AM
PE
PE
PE
JV
NP
AM
AM
NP
NP
NP
NP
AM
AM
NP
NP
AM
AM
El
PE
NP
JV
JV
AM
PE
NP
AM
PE
1 3 5 .2
3 7 .0
1 0 .4
2 0 0 .0
1 .&
.
6 3 .7
1 5 .0
50 !o
2 2 .8
.
6 3 .0
3 .0
7 7 .5
3 5 0 .0
1 5 .0
1 .4
5 0 .0
1 8 .0
25 . 0
3 .0
1 2 .0
1 .5
5! 2
7.*5
1 6 .6
6 0 0 .0
3 3 .0
2 .2
1 490!0
1 .0
5 !0
.
NATNALTY
SZ
SZ
GE
CA
CA
AS
UK
NL
UK
AS
FR
AS
UK
UK
DA
UK
GE
CA
JA
UK
UK
JA
JA
JA
UK
SZ
UK
JA
UK
GE
CA
GE
NO
SZ
UK
El
UK
JA
CA
FR
JA
UK
JA
CA
GE
SZ
IT
UK
JA
JA
JA
GE
GE
JA
IT
JA
Iv87
S IC
2822
2824
2824
2824
2631
2831
2834
2834
2834
284 1
284 1
2842
2843
2844
2844
2844
2844
2844
2844
2851
2351
285*
2665
2865
2865
2669
2369
. ’8 6 9
2869
2869
2a69
2d 7
2573
2979
2379
2891
2091
2891
2391
2893
2893
2899
2899
2899
2899
2899
2899
2899
2911
2911
2911
2911
2911
2911
2951
2951
FOREIGN DIRECT
US
F IR M
INVESTMENT T R A N S A C T I C N b .
NAME
ELASTO M ER TECHNO LOGY IN C
BASF (C H E M IC A L D I V )
MYTEC POLYMERS IN C
T E I J I N B IO -S C IE N C E LABS
IN T E R L E U K I N - 2 IN C
I R V I N E S C I E N T I F I C S A L E S CO
F U J IS A W A S M I T H K L l N E CORP
MOLECULON IN C
T A K E D A C H E M I C A L P R D T S . U SA I N C
E C O L A B 'S W O R LD W ID E CONSUMER PRD TS D I V
PMP F E R M E N T A T IO N P R O T S IN C
C L O R O X CO
YUM A I N D U S T R I E S I N C
C H E S E B R O U G H -P O N D - S IN C
D U C A IR B IO E S S E N C E IN C .
J A C Q U E L I N COCMRAN
MACKAY S P E C I A L T I E S A M E P IC A
M IN N E T O N K A 'S C H E C K -U P T GOTH PRDTS
T A N N I E S CORP
DECRATREND P A IN T S
P O R T E R P A I N T CO
STO IN D U S T R IE S IN C
H I G H P O I N T C H E M I C A L CORP
H O LLA N D COLOURS IN C
MC R E P R O T E C M S M I T S U B I S H I C H E M I C A L S
C E L A N E S E CORP
CYRO IN D U S T R IE S
F IR M E N IC H IN C
P R O C E S S C H E M . D I V . OF D I A M O N D S H A M R O C K
ROH M & H A A S H Y D R A N A U T I C S S U B
U N IG E N IN C
B IO T E C H N IC A A G R IC U L T U R A u IN C .
M I T S U B I S H I C H E M I C A L CO
A B S O R P T IV E TECHNO LOGY IN C
G ULF S TA TE P A P E R 'S C O M P O S IT E M ATL D IV
MORTON YOKOHAMA IN C
O C C I D E N T I A L ' S PROCESS C H E M IC A L D IV
PO LYCLAD L A M IN A T E S IN C
T H R E E B O N D CO
ACME I N K & P R I N T I N G
M ID W E S T C O A T IN G S
D Y R O T E C H N IC S P E C IA L T IE S IN C
K IL G O R E CORP
KV C H E M IC A L S I N C
M UN TER S CORP
P A R K E R C H E M I C A L CO
S O L - A I R E S A L T & C H E M I C A L CO
TA K A S CORP USA
C A R IB B E A N G U L F R E F I N I N G CORP
C H A M P L I N R E F I N I N G CO
M O B IL O I L C O R P 'S PLANT & P R O P E R T IE S
S T A N O A R O O I L CO
T E X A S O I L & C H E M I C A L CO I N C
T O T A L P ETR O LEU M (N O R T H A M E R IC A ) LTD
K IN G ROAD M A T E R IA L S IN C
R I F F E P E T R O L E U M CO
COMPLETE.
BY
SIC
L O C A T IO N
BOULDER
WYANDOTTE
B A YTO W N
A L E X A N D R IA
S A N T A ANA
P M IL A O E L P H I A
C A M B R ID G E
W IL M IN G T O N
ST PAUL
OAKLAND
S H E L B Y V IL L E
WESTPORT
N . BERGEN
N E w YORK
B A R N E S V IL L E
CHASKA
TELL C IT Y
C IT Y OF IN D
L O U lS V IL L E
ATLANTA
H IG H P O IN T
R IC H M O N D
NEW YORK
OSCEOLA
NEW ARK
M O R R ISTO W N
P H IL A D E L P H IA
ALMONT
O V E R L A N D PK
M O B IL E
B E L L IN G H A M
TUSCALOOSA
C H IC A G O
M O R R IS T O W N
FR A N K L IN
C H IC A G O
C H IC A G O
TOPEKA
U T IC A
TOONE
BUCKS
DEXTER
DEARBORN
TOO ELE
WALNUT CREEK
CATANO
CORP. C H R IS T I
M AS O N
CLEVELAND
S IL S B E E
DENVER
SCHENECTADY
A R L IN G T O N
TS
CO
MI
TX
CA
VA
CA
PA
MA
NC
MN
WI
CA
IN
CT
NJ
NY
GA
MN
IN
CA
KY
GA
NC
VA
NJ
NY
AK
NJ
NJ
PA
MI
KS
AL
OR
AL
IL
NJ
NH
IL
IL
KS
OH
TN
AL
MO
MI
UT
NJ
PR
TX
MI
OH
TX
CO
NY
TX
F O R E IG N
IN V E S T O R
Y A M A M O TO KOG AK U CO L T D
B A S F AG
M I T S U B I S H I P E T R O C H E M I C A L CO L T D
T E IJ IN LTD
M A N D A R IN C A P IT A L CORP
N I P P O N M I N I N G CO
F U J I S A W A P H A R M A C E U T I C A L CO L T D
F A U L O I N G , F H & CO L T D
TAKEDA C H E M IC A L IN D U S T R IE S LTD
J O H A B E N C K I S E R GM BH
F U J I S A W A P H A R M A C E U T I C A L CO L T D
H E N K E L .K G A A
Y U S H IR O C H E M IC A L IN D U S T R IE S
U N I L E V E R NV
TSUMURA JU N TEN D O I N C .
F R A N C E , G O VT OF
M A C K A Y S P E C I A L T I E S C A N AO A
L I O N CROP
YAM A N OU C H I P H A R M A C E U T IC A L LTD
F R A N C E , GOVT OF
COURTAULDS PLC
S T O T M E I S T E R GM BH
KAO CORP
HOLLANO COLOURS APPELDOORM
M I T S U B IS H I C H E M IC A L IN D U S T R IE S LTD
H O E C H S T AG
R OH M GM B H C H E M I S C H E F A B R I K
U N I D E N T I F I E D S W IS S IN V E S T O R S
H E N K E L K GA A A G
N I T T O E L E C T R I C I N D U S T R I A L CO
F E R R U Z Z I GROUP
BRONFMAN F A M IL Y
M I T S U B IS H I C H E M IC A L IN D S L TD
A B S O R P T IV E TECHNOLOGY
B L Y D E N S T E IN -W IL L IN K NV
Y O K O H A M A R U B B E R CO L T D
H E N K E L GM BH
COOKSON P LC
T H R E E B O N D C O / C E M E D I N E CO
SAKATA SHO K AI LTD
U K , GOVT OF
I M P E R IA L C H E M IC A L I N D U S T R IE S PLC
A ST R A GROUP PLC
K U R E H A C H E M I C A L I N D / H O E C H S T AG
I N C E N T I V E AB
H E N K E L KGA A
B R I E R L E Y , RON E T A L
TAKASAGO CORP
Z E E V I , GAD
V E N E Z U E L A , G O V ' T OF
BRONFMAN F A M IL Y
U N I T E D K IN G D O M , G O V ' T OF
IB N ABDULLAH IB N A B D U L , KHALED
F R A N C E . G O V ' T OF
C E M E N T -R O A D S T O N E H O L D IN G S LT D
F R A N C E , G O V ' T OF
"r V
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NP
7.0
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AM
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AM
NP
AM
AM
AM
AM
NP
AM
NP
PE
AM
JV
NP
AM
AM
AM
OT
PE
PE
AM
JV
AM
AM
NP
AM
AM
AM
AM
NP
NP
AM
AM
NP
AM
AM
AM
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AM
El
AM
AM
natnalt v
A
GE
JA
6. 6
3 .6
3 1 .0
2 4 2 .5
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1 2 .5
3 .0
1 .0
2 .0
1 4 0 .0
.
,
2 8 5 0 .0
2 5 .0
.
2 .0
2 .0
.
7 4 .0
.
4 .5
.
.
.
.
1 3 .0
1 0 0 .0
9 0 .0
7 9 9 2 .0
1 .9
3 .4
.
42 .0
JA
CA
JA
JA
AS
JA
GE
JA
GE
JA
NL
JA
FR
CA
JA
JA
FR
UK
GE
JA
NL
JA
GE
GE
SZ
GE
JA
IT
CA
JA
CA
NL
JA
GE
UK
JA
JA
UK
UK
UK
JA
SW
GE
NZ
JA
IS
VE
CA
UK
SA
FR
El
FR
1987 F O R E I G N D I R E C T
S IC
2952
2992
301 1
3021
3041
3041
3041
3069
3069
3069
3069
3069
3069
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3079
3142
3143
3149
3151
3161
321 1
32 1 1
3221
3221
3231
3241
3241
3251
3251
3264
3271
3271
3272
3272
3273
3275
3281
3291
3292
3293
3295
3295
US
F IR M
INVESTMENT TRANSACTIONS.
COMPLETE,
NAME
B I R D I N C / S U L Z E R E S C H E R WYSS V E N T U R E
B LA SE R S W IS S L U B E IN C
G E N C O R P ' S G E N E R A L T I R E & R U B B E R CO
SUA V E SHOE CORP
G 0 0 0 A L L R U B B E R CO
G O O D A L L R U B B E R CO
M IT S U B O S H I B E L T IN G LTD
A I R C R U I S E R S CO
C U R T IS MARUYASU A M E R IC A IN C
DAY I N T L CORP
M O L T E N BRC IN C
T A S U S CO
YUSA CORP
A F C IN C
A L L IA N C E P L A S T IC S IN C
B P PERFORMANCE POLYMERS IN C .
B IS C H O F & K L E IN USA IN C
CALMAR IN C
C A L U M E T M F G CO
D JK CORP OF A M E R IC A IN C
GECOM CORP
H IF L O IN C
IK K A TECHNOLOGY IN C
IM P A C T P L A S T IC S
L IN E A R F IL M S IN C
M A D IC O IN C
R IC H A R D S O N POLYMER CORP
S H IN K O K E S A I
T S IN D U S T R IE S IN C
W O L V E R IN E W O R LD W ID E IN C
JOHN A . FRYE CO.
A V IA GROUP I N T L I N C .
ELM ER L I T T L E & SONS IN C
S AN TA ROSA S E W IN G S H O P S ' A S S E T S
OPTON IN C
V U T EQ CORP
B A L L -1 N C 0 N GLASS P A C K A G IN G C O R P.
H E Y E A M E R IC A
IC H IK O H M A N U F A C T U R IN G
K A IS E R C EM ENT CORP
NORTHW ESTERN STA TE PORTLAND CEMENT
G E N E R A L S H A L E PRO D UC TS CORP
NC P R O D U C T S CO
A L L E N -B R A D L E Y TDK M A G N E T IC S CORP.
ADAMS PRO DUCTS CO.
CONCRETE B LD G S. CONCEPTS
H A M IL T O N CONCRETE PRODUCTS
L O N E S T A R M O N I E R C O N C R E T E T I T L E CO
BRYCO IN C
JAMES H A R D IE BLOG PRD TS IN C
M O R E T T I-H A R R A H MARBLES C A L C IU M PRDTS
M ETA L C A R B ID E CORP
H I SAN IN C
H O U D A IL L E IN D U S T R IE S IN C
B IG R IV E R IN D S IN C
T T A M E R IC A IN C
D IV
B Y SIC
L O C A T IO N
TS
F O R E IG N
WESTWOOD
GOSHEN
AKRON
M IA M I LAKES
TRENTON
STOCKTON
OTTAWA
BELMAR
LEBANON
DAYTON
CHURUBUSCO
G R E E N F IE L D
FAYETTE
C H A T F IE L D
E R IE
HACKETTSTOWN
C A R T E R S V IL L E
CTY OF IN D U S
E .O R A N G E
L O U IS V IL L E
GREENSBURG
NORTHWOOD
ATLANTA
G A S T O N IA
TULSA
WOBURN
M A D IS O N
RENO
Sa n t a f e s p g
ROCKFORD
MARLBOROUGH
PORTLAND
NEW Y O R K
S A N T A R OS A
HAMPTON
GEORGETOWN
M U N C IE
MA
NY
OH
FL
NJ
CA
IL
NJ
KY
OH
IN
IN
OH
MN
PA
NJ
GA
CA
NJ
KY
IN
OH
GA
NC
OK
MA
CT
NV
CA
MI
MA
OR
NY
CA
VA
KY
IN
IN
KY
CA
IA
IN
NC
OK
NC
NC
TN
CO
TX
CA
AL
OH
OH
FL
LA
OR
G E B R U D E R S U L Z E R AG
B LASER S W IS S L U B E
C O N T I N E N T A L G U M M I W E R K E AG
C H A SE US IN V E S T M E N T S NV
T R E L L E B O R G G U M M I N F A B R I K S AB
T R E L L E B O R G G U M M I N F A B R I K S AB
M IT S U B O S H I B E L T IN G LTD
Z O D IA C I S S Y LE S M O U L IN E A U X
M A R U Y A S U I N D U S T R I E S CO L T D
B R O N F M A N , P E T E R & EDW A RD E T A L
M O L T E N CORP
T S U C H I Y A CO L T D
Y A M A S H I T A R U B B E R CO L T D
S H E L L T R A N S P O R T & T R A D I N G CO P L C
BU N ZL PLC
U N I T E D K I N G D O M , G O V T OF
B I S C H O F U N D K L E I N GM B H & CO
I N V E S T M E N T B E I J E R AB
M E T A L BOX PLC
DJK
M I T S U I M I N I N G & S M E L T I N G CO L T D
TORAY IN D U S T R IE S IN C
N I P P O N L I G H T M E T A L CO L T D E T A L
R O E C H L I N G H A R E N KG
S C O T T I S H A M I C A B L E L I F E A S S U R . SOC
FS K CORP
C A N A D A , G O V T OF
S H IN K O K E S A I
FORCO NV
MALCO IN D U S T R IE S LTD
ROBERT S TE P H E N S H O L D IN G S PLC
ROBERT S T E P H E N S H O L D IN G S PLC
SWANY C O R P
V U IT T O N , L O U IS
T A T S U G H U C H I K O G YO G L A S S CO L T D
C H U B A I N D U S T R I E S CO L T D
T H Y S S E N - B O R N E M IS Z A GROUP NV
HERMAN H EY E
IC H IK O H IN D U S T R IE S IN C
HANSON T R U ST PLC
B R I E R L E Y , RON E T A L
MARLEY PLC
C E M E N T -R O A D S T O N E H O L D IN G S PLC
TDK CORP.
C E M E N T -R O A D S T O N E H O L D IN G S PLC
DEDANSK S U K K E R F A B R IK K E R A / S M A R S H A LLS H A L L IF A X PLC
M O N IE R L T D
LA F A R G E C O P P E E GROUP
JAM ES H A R D IE IN D U S T R IE S LTD
E N G L IS H C H IN A CLAY PLC
H A R M E T A L L AG
S A N O H I N D U S T R I A L CO L T D
T I GROUP PLC
CEM ENT ROADSTONE H O L D IN G S PLC
T O Y O T A N S O CO L T D
S H E L B Y V IL L E
OAKLAND
MASON C I T Y
M O O R E S V IL L E
R A L E IG H
SHAWNEE
M O R R IS V IL L E
OXFORD
CHATTANOOGA
DENVER
BRYAN
R IV E R S ID E
SYLACAUGA
YOUNGSTOWN
ARCH I BOLD
FT LAUDERDALE
E R W IN V IL L E
PORTLAND
IN V E S T O R
TY
JV
NP
AM
AM
El
OT
NP
AM
JV
AM
JV
JV
JV
AM
AM
PE
NP
El
NP
OT
NP
NP
OT
AM
AM
AM
AM
NP
AM
AM
AM
AM
AM
AM
NP
NP
JV
JV
NP
AM
El
NP
AM
JV
AM
NP
AM
JV
AM
NP
AM
AM
JV
AM
AM
NP
VALUE
.
6 2 5 .0
1 .0
3 .5
2 0 .3
1 .0
1 3 3 .6
,
1 .5
1 2 .7
2 0 .0
.
.
1 B .0
3 .0
1 4 .0
.
1 4 .0
1 0 .0
#
8 .0
.
5 7 .9
2 .0
8 .0
2 5 0 .0
1 1 .0
3! 3
.
2 5 .0
2 5 .0
5 0 0 .0
2 2 .0
6 .0
NATNALTY
SZ
SZ
GE
NA
SW
SW
JA
FR
JA
CA
JA
JA
JA
UK
UK
UK
GE
SW
UK
JA
JA
JA
JA
GE
UK
JA
CA
JA
SZ
AS
UK
UK
JA
FR
JA
JA
NA
GE
JA
UK
NZ
UK
El
JA
El
DA
UK
AS
FR
AS
UK
SZ
JA
UK
El
JA
OO
V£>
1907
SIC
3296
3297
3299
3299
3312
3312
3312
3312
3312
3312
3315
3316
V<17
.1.5)7
3317
3317
3321
3331
3339
3341
>.351
3353
<356
J357
3363
3369
3411
3421
3429
3442
3442
3444
3452
3452
3462
3465
3465
3465
3465
3465
3469
3479
3479
3404
3404
3492
3495
3496
3498
3499
3499
3511
3519
•*523
3523
FOREIGN
US
DIRECT
FIRM
INVESTMENT
TRANSACTIONS.
NAME
KNAUF F I B E R G L A S S
C O R H A R T R E F R A C T O R I E S CORP
PAREX I N C
W I N S O R & N EWTON
H U M E S ARC I N C
I / N TEK
K A IS E R STEEL TU B IN G INC
N A T I O N A L P I P E AN D T U B E CO
N U C OR C O R P / V A M A T O KOGYO CO V E N T U R E
S T E E L OF W E S T V I R G I N I A I N C
BABCOCK I N D U S T R I E S I N C ' S P L A N T
WHITTAR STEEL S T R IP D I V I S I O N
B AKER S M I T H E RM A L S Y S T EM S
C E N T U R Y T UB E CORP
TOFLE AMERICA INC
W E L D E D T U B E CO OF A M E R I C A
A M C A S T I N D U S T R I A L C OR P
C O X C R E E K R E F I N I N G CO
S P E C IA L T Y METAL FABRICATOR
S P E C I A L M E T A L S CORP
K OB E C O P P E R P R O D U C T S I N C
K A I S E R A L U M I N U M & C H E M I C A L CORP
A M E R I C A N P A C I F I C M I N T I N C , THE
C A B L E C C OR P
M A D IS O N P R E C I S I O N PRODUCTS IN C
M A S T E R C A S T CO
R H E E M MF G C O ' S C O N T A I N E R D I V I S I O N
GERBER LEGENDARY BLADES I N C
WHITNON MACHINE SPINDLE
L . B , F O S T E R C O ' S A R C H . H A R D WA R D G R O U P
NEWMAN T E C H N O L O G Y I N C
H . H . R O B E R T S O N CO
ELCO I N D U S T R I E S I N C
E X T R U S I O N E Q U I P M E N T C OR P
NORWOOD D I V OF L . B . F O S T E R CO
B U D D CO
H OM E R D O N A L D S O N / K I T S U D A E N G . V E N T U R E
L E N A W E E S T A M P I N G CORP
TOMASCO M U L C I B E R I N C
Y AM AKAWA M A N U F A C T U R I N G C O R P OF A M E R I C A
P O R C E L A I N I N D U S T R I E S INC
AMERON I N C
T A C H I K A W A C OR P
S M I T H & W E S S O N C OR P
U . S . R E P E A T I N G A R MS CO
S I N T E R I N G T E C H N O L O G I E S INC
K A T O S P R I N G WO R KS CO
BRAUN H O R T I C U L T U R E
BESTFLEX INC
L E F E B U R E C OR P
V O N G A H L E N CO
H OWME T T U R B I N E P R O D U C T
T R W ' S MOTOR D I V
H E S S T O N C OR P
O W A T O N N A M F G CO I N C
WESTERN I N T L IN C
COMPLETE,
0V
SIC
L O C A T IO N
LAYNETT
LOUISVILLE
ATLANTA
NEWARK
CANTON
SOUTH B END
L OS A N G E L E S
LIBERTY
BLVTHEVILLE
HUNTINGTON
SOUTH BEND
DETROIT
LOS A N G E L E S
P IN E BLUFF
W CON S H O H O ' KN
PHILADELPHIA
KETTERING
C U R T I S BAY
NEW H A R T F O R D
GREENSBORO
OAKLAND
CANOGA P A R K
NEW Y OR K
MADISON
HOWELL
INDIANAPOLIS
PORTLAND
FARMINGTON
PITTSBURGH
MANSFIELD
PITTSBURGH
ROCKFORD
MCPHERSON
CINCINNATI
SHELBY V I L L E
HUDSON
TECUMSEH
COLUMBUS
PORTLAND
NASHVILLE
M O N T E RE Y PARK
NEW Y OR K
SPRINGFIELD
NEW H A V E N
GREENSBURG
NORCROSS
NIA GARA FALLS
PITTSBURGH
CEDAR R A P I D S
MARYVILLE
MORRISTOWN
DOTHAN
HESSTON
OWA T O N N A
DES M O I N E S
TS
AL
KY
GA
NJ
GA
IN
CA
TX
AR
WV
IN
MI
CA
AR
PA
PA
OH
MD
NY
NC
CA
CA
NY
TN
MI
IN
OR
CT
PA
OH
PA
IL
KS
OH
KY
MI
MI
OH
TN
TN
CA
NY
MA
CT
IN
GA
NY
PA
IA
TN
TN
AL
KS
MN
IA
FO R E IG N
IN V E S T O R
KNAUF F IB E R G L A S S
F R A N C E , G O V T OF
L A F A R G E C O P P E E SA
R E C K I T T & C O LM A N P L C
HUMES L TD
N IP P O N S T E E L CORP
M I T S U I & CO L T D
C A S T E L L V I , JOHN
Y A M A TO KOGYO CO L T D
R O T H S C H IL O , JACOB
KOKOKU S T E E L W I R E L T D
DOFASCO IN C
SU M IT O M O M E T A L IN D U S T R I E S LTD
D A I W A S T E E L T U B E I N D U S T R I E S CO L T D
T O F L E CO I N C
PALMER TUBE M IL L S LTD
CHASE CORP L TD
M I T S U B I S H I M ETA L CORP
DERLAN IN D U S T R IE S LTD
AUBERT & DUVAL
KOB E S T E E L L T D
C LO R E . ALAN
FO R U M R E I N S U R A N C E CO L T D
B IC C PLC
T E I S A N D I E C A S T I N G I N D U S T R I A L CO L T D
K O K U S A N K I N Z O K U K OG YO L T D
HOLMES A C O U R T , ROBERT
F I S K A R S OY AB
GMN G E O R G M U L L E R N U R E M B E R G AG
BEACON C A P I T A L CORP
H O N D A M O TO R CO L T D
BELZBURG F A M IL Y
OKABE, A K IR A
F R I E D T H E Y S O H N M A S C H I N E N B A U GMBH
C O G I F E R SA
T H Y S S E N AG
K I T S U D A E N G I N E E R I N G CO L T D
M A Z D A M OTOR C O R P E T A L
M A S U D A M A N U F A C T U R I N G CO L T D
Y AM A K A W A I N D U S T R I E S
DERLAN IN D U S T R IE S LTD
B R I E R L E Y , R O NALD A . E T AL
T A C H I K A W A B L I N D M A N U F A C T U R I N G CO L T D
H U T C H IN G S , GREGORY
F A B R I Q U E N A T I O N A L E H E R S T A L SA
H IT A C H I LTD
K A T O S P R I N G WORKS CO L T D
BRAUN N U R SER Y LT D
TO FLE IN C
I N T E R I N N O V A T I O N AB
VON G A H L E N
F R A N C E , G O V T OF
P R E C I S I O N M E C A N I Q U E L A B I N A L SA
A G N E L L I F A M IL Y
V E R S A T IL E CORP
NOMA I N D U S T R I E S L T D
TY
NP
AM
NP
NP
NP
JV
AM
AM
JV
AM
AM
AM
JV
PE
NP
AM
El
AM
AM
AM
JV
El
AM
El
JV
AM
AM
AM
AM
AM
JV
El
AM
NP
AM
NP
JV
NP
NP
NP
AM
El
OT
AM
AM
JV
PE
NP
VALUE
50 .0
12.0
5.0
310.0
2.5
9.0
05.8
40.0
3.2
33.0
0^0
30. 3
2 .2
3 .0
•
12. 5
4.0
151.0
3 .5
•
*
1.5
0.4
1 00.0
1.0
65 . 6
13.0
20 . 0
12.7
112.5
2.0
7 .5
6 .4
0. 1
JV
AM
OT
NP
AM
El
AM
AM
69.0
5 .0
*
NATNALTV
GE
FR
FR
UK
AS
JA
JA
VE
JA
UK
JA
CA
JA
JA
JA
AS
NZ
JA
CA
FR
JA
UK
BD
UK
JA
JA
AS
FI
GE
CA
JA
CA
JA
GE
FR
GE
JA
JA
JA
JA
CA
NZ
JA
UK
BE
JA
JA
CA
JA
SW
NL
FR
FR
I T
CA
CA
3524
3531
3531
3531
3531
3532
3532
3532
3532
3533
3533
3533
3533
3535
3535
3537
3541
3541
3541
354 1
3541
3541
3544
3544
3545
3545
3545
3S45
^45
J546
4546
3546
3549
3551
3551
3551
3552
3552
3552
3554
3555
3555
3559
3559
'*5 5 9
3559
4559
J562
J562
3562
3562
3563
:i r > 6 4
',5 6 b
<566
4567
I N E R T I A D Y N A M IC S CORP
BONDED M A C H IN E C O 'S PLA NT
K O M A TSU AMER MFG CORP
KOMATSU A M E R IC A CORP
T S U B A K I M O T O E N G I N E E R I N G OF A ME R I N C
A L L IS C H A LM E R S ' S O L ID P RO C . E Q U IP D IV
BANNER IN D U S T R IE S IN C
J O Y 'S OZONE IN D U S T R IE S
VALMOND IN D U S T R IE S IN C
CAMCO IN C
G A L V E S T O N - H O U S T O N CO I N C
S M IT H IN T L IN C
S W A C O /G E O LO G R A P H P IO N E E R
M A T S U I A M E R IC A IN C
P S I C O N V E Y IN G GROUPS IN C
K O M A T S U F O R K L I F T M F G CO U S A
G R IN D E R S FOR IN D U S T R Y IN C
L E B L O N D M A K I N O M A C H I N E T O O L CO
M IY A N O M A C H IN E R Y USA
OK U M A M A C H I N E T O O L S I N C
SCHARM ANN M A C H IN E TO O L CORP
WADELL E Q U IP 'S A IR C R A F T D IV
M ID W E S T M O LD & T E X T U R E CORP
Q U I C K T O O L & M F G CO I N C
C H IC A G O P N E U M A T IC S TOOL & E Q U IP D I V
E X - C E L L - 0 P A C K A G IN G S YS TEM S D I V
G B I IN T L IN D U S T R IE S IN C
MORSE TO O L C U T T IN G
P E R M A T T A C H D IA M O N D TOO L CORP
M A K I T A C O R P OF A M E R I C A
R E G I T A R POWER T O O L S
R Y O B I E L E C T R I C TO O L MFG IN C
S T E R L IN G E X T R U D E R CORP
A CMA U S A I N C
B E L O IT CORP
NAFM E N G IN E E R IN G CORP
IN T E C H
S H I M A S E I K I M F G CO
TEXMAC IN C
BAU M FO LD ER CORP
D E L A R U E G I O R I O F AMER I N C
L I N O T Y P E CO
E M H A R T C O R P ' S S H O E M CHY O P E R .
F O C K E & CO
G CA C O R P
N A T I O N A L R O L L CO
S IN T O K O G IO /R O B E R T S
N A K A N I S H I MFG CORP
N K S - A K S P R E C I S I O N B A L L CO
N T N B E A R I N G C O R P . OF A M E R I C A
N T N -B O W E R CORP
MANEUROP IN C
A IR VENT IN C
S U M IT O M O
W E S T E R N GEAR CORP
VACUUM IN D U S T R IE S IN C
NAME
BV SIC
*
L O C A T IO N
TS
F O R E IG N
CHANDLER
REYNOLDSBURG
CHATTANOOGA
ATLANTA
PORTLAND
APPLETON
CLEVELAND
OZONE PARK
VALLEY
HOUSTON
HOUSTON
NEWPORT BEACH
DALLAS
E LK GROVE
L A K E OSWEGO
LAPALMA
W IX O M
C IN C IN N A T I
WOOD D A L E
CHARLOTTE
CAROL STRM
E D IS O N
B A T A V IA
L E X IN G T O N
NEW Y O R K
WALLED LAKE
BABYLON
NEW B E D F O R D
M IL F O R D
BUFORD
MONTGOMERY
CHANDLER
S .P L A IN S F IE L D
DURHAM
B E L O IT
CHARLOTTE
CHARLOTTE
CRANFORD
CHARLOTTE
S ID N E Y
W A S H IN G T O N
HAUPPAUGE
FA R M IN G TO N
GREENSBORO
ANDOVER
C O A T E S V IL L E
L A N S IN G
ATHENS
C L A R IN D A
E L G IN
H A M IL T O N
TUCKER
P E O R IA H TS
CHESAPEAKE
S .M IL W A U K E E
S O M E R v lL L E
AZ
OH
TN
GA
TN
WI
OH
NY
NE
TX
TX
CA
TX
IL
OR
CA
MI
OH
IL
NC
IL
NJ
OH
KY
NV
MI
NV
MA
NH
GA
AL
AZ
NJ
NC
WI
NC
NC
NJ
NC
OH
DC
NY
CT
NC
MA
PA
MI
GA
IA
IL
AL
GA
IL
VA
WI
MA
R YO B I LTO
D A I F U K U CO L T O
KOMATSU LTD
KOMATSU L T D
T S U B A K I M O T O C H A I N CO
B O L I D E N AB
S T E IN E R . JEFFR EY J
BB A G R O U P P L C
F ID E L IT Y IN T L LTD
PEARSON PLC
S IO A W I, RAJA
B R IE R L E Y , RONALD ET AL
J O H N WOOD G R O U P P L C
M A T S U I M F G CO L T D
GROUPE L A P E R R IE R E & V ER R E A U LT IN C
KOMATSU L T D
T O Y O D A M A C H I N E W O R KS L T D
M A K I N G M I L L I N G M A C H I N E CO L T D
M IY A N O F A M IL Y
OK U M A M A C H I N E W ORKS L T D
J . M . V O I T H GM B H
A U X I L E C SA
T A T E M A T S U M O L D W O R K S CO L T D E T A L
MAGNA I N T L I N C
A T L A S COPCO AB
ELOPAK AS
LA P SK E R . IT Z C H A K
IN T L T W IS T D R IL L HLDGS LTD
A S A H I D I A M O N D I N D U S T R I A L CO L T D
M A K I T A E L E C T R I C W O R KS L T D
M O B IL E T R O N E L E C T R O N IC S
RYOBI LTD
BAKER P E R K IN S PLC
G . D . SPA
M IT S U B IS H I HEAVY IN D . LTD
N I P P O N A U T O M A T I C F I N E M CH Y CO L T D
T A K A T O R I M C H Y M F G CO L T D
S H I M A S E I K I S E I S A K U S H O CO L T D
C . I T O H & CO L T D O
D E T O S T A S I A T I S K E K O M PA G HI AS
G I O R I , G U A L T IE R O
C O M M E R Z B A N K AG
A B L E K IN D LTD
F O C K E & CO GMBH
F R A N C E , G O V T OF
AB I N T E R F I N A N S
S IN T O K O G IO LTO
N A K A N I S H I , KAZUO F A M IL Y
N I P P O N S E I K O KK E T A L
N T N T O Y O B E A R I N G CO L T D
N T N T O Y O B E A R I N G CO L T O
G E N E R A L E D E F O N D E R I E SA
F R A N C E . GOVT OF
SU M IT O M O H E A V Y I N D U S T R I E S L T D
LUCAS IN D U S T R IE S PLC
THERMAL S C I E N T I F I C PLC
IN V E S T O R
TY
VALUE
AM
AM
PE
OT
NP
AM
AM
AM
El
El
AM
El
JV
NP
AM
NP
AM
El
OT
NP
NP
AM
NP
AM
AM
AM
AM
AM
AM
PE
NP
OT
AM
AM
AM
OT
AM
NP
NP
AM
OT
AM
AM
NP
AM
AM
JV
NP
NP
PE
El
OT
AM
NP
AM
AM
1 3 .3
3 .0
2 .0
9 7 .9
0 .6
7 2 .0
8 .7
3 .0
9! 2
1I 0
B 5 .5
o
US F IR M
o
o
S IC
OD
1987 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S , C O M P L E T E ,
6 0 .0
1 1 5 .0
3! 0
1 0 .0
NATNALTY
JA
JA
JA
JA
JA
SW
AU
UK
BD
UK
AU
NZ
UK
JA
CA
JA
JA
JA
JA
JA
GE
FR
JA
CA
SW
NO
IS
UK
JA
JA
TW
JA
UK
IT
JA
JA
JA
JA
JA
DA
SZ
GE
UK
GE
FR
SW
JA
JA
JA
JA
JA
FR
FR
JA
1 1 0 .0
UK
UK
1
i
1987 F O R E I G N D I R E C T I N V E S T M E N T T R A N S A C T I O N S ,
S IC
3568
3568
3569
3569
3569
3571
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3573
3577
3579
3579
3579
3579
3585
3585
3585
3586
3589
3592
3599
3612
3612
3621
3622
3622
3622
3622
3623
3624
3624
3629
3631
US
F IR M
NAME
M A T H E W S C O N V E Y E R CO
S U N D S T R A N D -S A U E R
FEC IN C
SATO A M E R IC A IN C
S L A C K & P A R R H Y D R A U L I C CORP
F U J I T S U - T E N CORP
A L P S E L E C T R I C CO
AMDA HL CORP
CALAY SYSTEMS IN C
C A S IO IN C
C O M PU TE R I D E N T I C S CORP
COMPUTER T E R M IN A L SYSTEM S IN C
CO RPO RATE DATA S C IE N C E S IN C
DANA COM PUTER IN C
DATAPROTEK IN C
D E C I S I O N I N D U S T R I E S CORP
E P S O N -P O R T L A N D IN C
FOCU S S E M IC O N D U C T O R CORP
G T X CORP
G E 'S HVDC U N IT
IN T E L L IG E N T STORAGE IN C
KCR T E C H N O L O G Y I N C
L A P IN E T E C H N O LO G Y CORP
M A T R I X CORP
M IP S COMPUTER SYSTEM S
O K I S E M IC O N D U C TO R PRDTS
O P T I M E L E C T R O N IC S CORP
P E R IM E T E R TECHNOLOGY IN C
R E N A IS S A N C E GRX IN C
T E L E X CORP
VEN D EX P A C I F I C IN C
W ESTERN GRAPHTE IN C
CALCOM P' S SYSTEMS D IV
A B D IC K
AMANO A M E R IC A MFG I N C
GRADCO S YSTEM S IN C
M IT A
M I T S U B I S H I ' S A U T O M O T IV E A IR
N IH O N R A D IA T O R
W H I R L P O O L ' S H E I L - Q U A K E R HOME S Y S T E M S
G IL B A R C O IN C
SHERMAN S U P E R S O N IC IN D U S T R I E S CORP
A E IN C
CWS C O R P
M I T S U B I S H I E L E C T R O N IC S A M E R . IN C
T O S H IB A A M E R IC A IN C
B R I N K L E Y M O TO R P R O D U C T S CO
C IP H E R DATA PRDTS I N C 'S PLANT
M CC P O W E R S D I V
OM R ON T A T E I S I E L E C T R O N I C S CO
ROBOTRON D IV
S C IA K Y BROTHERS IN C
T O K A I CARBON
W IN D E C K E R IN C
E N G IN E E R E D M A G N E T IC S IN C
M A T S U S H IT A E D U C A T IO N CENTER
*
C O M P L E T E , BY SIC
LO C A T IO N
TS
F O R E IG N
D A N V IL L E
ROCKFORD
M A D IS O N H T S PALO A LTO
ROCK H I L L
CARSON
GARDEN GROVE
SUNNYVALE
IR V IN E
DOVER
CANTON
COMMACK
M A N H A T T A N BEA
SUNNYVALE
B OCA R A T O N
HORSHAM
H IL L S B O R O
SUNNYVALE
P H O E N IX
MALVERN
LONGMONT
E .H A R T F O R D
M IL P IT A S
ORANGEBURG
SUNNYVALE
R O L L I N G MEDWS
G E R M A N TO W N
N OR W A LK
BELLEVUE
TULSA
NEW Y O R K
IR V IN E
A N A H E IM
N IL E S
A N A H E IM
IR V IN E
DALLAS
LOS A N G ELES
S H E L B Y V IL L E
N A S H V IL L E
GREENSBORO
TONAWANDA
SOUTH BEND
PORTLAND
PLANO
IR V IN E
B R IN K L E Y
GARDEN GROVE
S K O K IE
ST C H A R L E S
S O U T H F IE L D
C H IC A G O
KY
IL
MI
CA
SC
CA
CA
CA
CA
NJ
MA
NY
CA
CA
FL
PA
OR
CA
AZ
PA
CO
CT
CA
NY
CA
IL
MD
CT
WA
OK
NY
CA
CA
IL
CA
CA
TX
CA
TN
TN
NC
NY
IN
OR
TX
CA
AR
CA
IL
IL
MI
IL
NY
NV
CA
NJ
BABCOCK I N T L PLC
S A U E R G E T R I E B E AG
D A I - I C H I D E N T S U CO L T D
SATO CORP
S L A C K & PAR R L T D
F U J I E L E C T R I C CO L T D
A L P S E L E C T R I C CO L T D
F U J I E L E C T R I C CO L T D
A G IV
C A S I O C O M P U T E R CO L T D
B E K A E R T N V SA
S E D I O NV
T E L F O S HLDGS PLC
KUBOTA L TD
E R I N T E C CORP
ECO NOCOM I N T L NV
S E I K O - E P S O N COR P
M IP E Q U IT Y
N IP P O N S T E E L CORP
C lE GENERALE D ' E L E C T R IC IT E
F U J I E L E C T R I C CO L T D
MOORE C O R P L T D
KYOCERA CORP
B A Y E R AG
KUBOTA L T D
O K I E L E C T R I C I N D CO L T D
BOWTHORPE HLDGS PLC
N E X T PLC
K A N EM A TSU -G O S HO L TD
MEMOREX I N T L NV
V E N D E X I N T L NV
G R A P H T E C CORP
I S I “ CAD
G E N E R A L E L E C T R I C CO P L C
AMA N O C O R P
C I T O H & CO L T D E T A L
M I T A I N D U S T R I A L CO L T D
M IT S U B IS H I HEAVY IN D U S T R IE S LTD
N I H O N R A D I A T O R CO L T D
I N T E R - C I T Y GAS CORP
G E N E R A L E L E C T R I C CO P L C
SHERMAN S U P E R S O N IC I N D U S T R I E S CORP
A E PLC
G E B R . S U L Z E R AG
M I T S U B I S H I E L E C T R I C CORP
T O S H IB A CORP
ELECTROHOME LTD
A L P S E L E C T R I C CO L T D
L A N D I S & G Y R H L D G AG
OMRON T A T E I S I E L E C T R O N I C S CO
M A R U B E N I CORP
F E R R A N T I PLC
T O K A I C A R B O N CO L T D
N IP P O N S T E E L CORP E T AL
F L E E T A E R O S P A C E CORP
M A T S U S H IT A E L E C T R IC I N D . CO LTO
RENO
HAWTHORNE
SECAUCUS
IN V E S T O R
TY
AM
JV
NP
OT
OT
NP
NP
El
AM
OT
El
AM
AM
AM
OT
AM
PE
AM
AM
AM
AM
El
AM
AM
AM
OT
AM
OT
AM
AM
OT
PE
AM
PE
PE
AM
NP
PE
NP
AM
AM
NP
NP
AM
NP
OT
AM
AM
AM
NP
AM
AM
OT
JV
AM
OT
VALUE
3 6. 6
,
1 .9
,
.
,
0. 1
.
2 0, 0
.
s\o
8.0
.
#
1. 2
2. 1
22 . 1
25. 0
0.3
911.0
.
.
3 0 .0
1 4 .3
5! 8
1 7 6 .0
2 5 0 .0
.
6.0
80.0
35.0
.
10. 0
132.5
7 .0
4 .0
7 .5
NATNALTY
UK
GE
JA
JA
UK
JA
JA
JA
GE
JA
BE
SZ
UK
JA
CA
FR
JA
NL
JA
FR
JA
CA
JA
GE
JA
JA
UK
UK
JA
NL
NL
JA
GE
UK
JA
JA
JA
JA
JA
CA
UK
CA
UK
SZ
JA
JA
CA
JA
SZ
JA
JA
UK
JA
JA
CA
JA
VO
N)
I9 8 7
S IC
3632
3634
3636
3636
3641
3643
3643
3643
3645
3645
3647
3647
3651
3651
3651
3651
3651
3651
3652
3652
3652
3661
3661
3661
3661
3661
3661
3661
3661
3661
3662
3662
3662
3662
3662
3662
3662
3662
3662
3662
3662
3662
3662
3663
3672
3674
3674
3674
3674
3674
3674
3674
3674
3674
3674
3674
POftffJGN O I R 6 C T
US
F IR M
INVESTMENT
T R A N S A C T I O N S , C O M P L E T E , BY
NAME
SANYO LA SER PRO DUCTS IN C
A L L E G H E N Y 'S A P P L I A N C E GROUP
REEC E CORP
U N IO N S P E C IA L CORP
CANRAO IN C
A T L A N T IC S C I E N T I F I C CORP
CONNECTRON IN C
P A U L D I N G E L E C T R I C A L P R D T S SUB
U S H IO IN C
U S I L IG H T IN G
I I S T A N L E Y CO I N C
NO RTH A M E R IC A N L I G H T IN G IN C
A L P I N E E L E C T R O N I C S M FG O F A M E R . I N C
B I B A U D IO V I D E O P R D T S USA
DENON D I G I T A L IN D U S T R IE S LTD
F O S T E R E L E C T R I C CO
G E 'S CONSUMER E L E C T R O N IC S D IV
O R IO N E L E C T R IC A M E R IC A IN C
CBS R EC O RD S GROUP
ELEC TR O S O U N D GROUP IN C
LASER V ID E O IN C
A T 8. E C O R P
C IT IZ E N SYSTEM S IN C
E R IC S S O N
F U J IT S U A M E R IC A IN C
H IT A C H I TELECOM
K T I CORP
S O U T H W E S T E R N E N G I N E E R I N G CO
S UM IT O M O E LEC RES C H T R I
U N I DEN CORP OF A M E R IC A
AEROSPACE A V IO N IC S IN C
DATA CARD CORP
D A T A T E L IN C
D IV E R S IC O M N A T IO N W ID E P A G IN G
G E 'S ADVANCED LASER TECHNOLOGY
I N T L S IG N A L & CO N TR O L GROUP IN C
LEAR S IE G L E R IN S T R U A V IO N IC SYSTEMS
P I C T E L CORP
R EF L E C T O N E IN C
REPCO IN C
RPC I N D U S T R IE S IN C
S E C U R IT Y TAG S Y S TE M S IN C
V IC O N IN D U S T R IE S IN C
CUE P A G IN G
E S P R IT SYS TEM S IN C
F U J I T S U GTE B U S IN E S S SYSTEM S IN C
F U J I T S U M IC R O E L E C T R O N IC S IN C
G T I CORP
IN N O V A T IV E S IL IC O N TECHNOLOGY
M / A COM L A S E R D I O D E I N C
M I T S U B I S H I S EM IC O N D U C T O R A M E R IC A
NBK CORP
N I P P O N K.OKAN
O K I S E M IC O N D U C TO R IN C
P A N A T E C H 'S S E M IC O N D U C T O R D I V
P H O T O N IC IN T E G R A T IO N RESCH IN C
SIC
L O C A T IO N
CORP
R IC H M O N D
P IT T S B U R G H
W ALTHAM
C H IC A G O
NEWARK
MELBOURNE
LAWRENCE
FOREST C IT Y
EUGENE
S AN L E A N D R O
BA TTLE CREEK
SALEM
GREENWOOD
L IT T L E T O N
M A D IS O N
SCHAUMBURG
IN D IA N A P O L IS
P R IN C E T O N
NEW Y O R K
HAUPPAUGE
H U N T S V IL L E
SAN F R A N C IS C O
SANTA M O N IC A
R IC H A R D S O N
R A L E IG H
NORCROSS
DALLAS
LOS A N G E LES
DURHAM
D A L L A S - F T W.
RONKONKOMA
M IN N E A P O L IS
CHERRY H I L L
O R A N C E CO
B IN G H A M TO N
LANCASTER
GRAND R A P ID S
PEABODY
TAMPA
ORLANDO
HAYWARD
ST P ETE R SB U R G
M E L V IL L E
C O S T A M ES A
M E L V IL L E
TEMPE
GRESHAM
SAN D I E G O
B U R L IN G T O N
DU R HA M
SANTA CLARA
M IL L E R S B U R G
SUNNYVALE
R O L L IN G H I L L
COLUMBUS
TS
F O R E IG N
IN V E S T O R
IN
PA
MA
IL
NJ
FL
NJ
NC
OR
CA
MI
IL
IN
CO
GA
IL
IN
IN
NY
NY
AL
CA
CA
TX
NC
GA
TX
CA
NC
TX
NY
MN
NJ
CA
NY
PA
MI
MA
FL
FL
CA
FL
NY
CA
NY
AZ
OR
CA
CA
MA
NC
CA
OR
CA
CA
OH
S A N Y O E L E C T R I C CO L T D
R E I L CORP
C A M E L L IA IN V E S T M E N T LTD
B R I E R L E Y , RON E T A L
ARC I N T L
BOWTHORPE HLDGS PLC
HAWKER S I D D E L E Y GROUP PLC
H A M M O N D M FG CO L T D
U S H IO IN C
HANSON T R U S T PLC
S T A N L E Y E L E C T R I C CO E T A L
K O I T O M F G CO L T D
A L P S E L E C T R I C CO L T D
K E L S E Y I N D U S T R I E S PLC
H IT A C H I LTD
F O S T E R E L E C T R I C CO L T D
F R A N C E , G O V T OF
O R I O N E L E C T R I C CO L T D
SONY CORP
C IN R A M LTD
QUATRO LTD
H A T T O R I S E I K O CO L T D E T A L
C I T I Z E N W A T C H CO L T D
LM E R I C S S O N T E L F O N AB
F U J I E L E C T R I C CO L T D
H IT A C H I LTD
A M E R IC A N T E L E C O M M U N IC A T IO N S CORP
S E N IO R E N G IN E E R IN G GROUP PLC
S U M IT O M O ELEC IN D L T D
U N I DEN CORP
HAWKER S ID D E L E Y GROUP P LC
QUANDT, HERBERT F A M IL Y
D OW TY G R O U P P L C
N O K I A OY AB
F E R R A N T I PLC
F E R R A N T I PLC
S M IT H S IN D U S T R I E S PLC
KYOCERA CORP
U N IT E D K IN G D O M , G O V T .O F
K O S T A N T I N I D I S , AN D RE W
M A R U B E N I CORP ET AL
A U T O M A T E D S E C U R I T Y ( H L D G S ) P LC
C H U G A I B O Y E K I CO L T D
N O K IA CORP
A D V A N C E D D A T U M I N F O R M A T I O N CORP
F U J I E L E C T R I C CO L T D
F U J I E L E C T R I C CO L T D
V EN TE R , W IL L IA M
I T A L Y , G O V T OF
M ORGAN C R U C I B L E CO P L C
M I T S U B I S H I E L E C T R I C CORP
KAW ASAKI S T E E L CORP
N I P P O N K OKAN KK
O K I E L E C T R I C I N D U S T R Y CO L T D
R I C O H CO L T D
N I P P O N T E L E G . & T E L E P U B L I C COR P E T AL
TY
VALUE
NP
AM
El
AM
AM
AM
AM
OT
NP
AM
OT
NP
PE
OT
NP
OT
AM
OT
AM
AM
AM
AM
OT
OT
OT
OT
AM
AM
PE
NP
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
El
AM
AM
El
JV
NP
AM
OT
AM
PE
PE
NP
PE
AM
JV
5 .0
,
6 .7
8 .2
20 .5
3 !o
.
16 . 5
.
40 .0
800 .0
2000
0
55
19
1
.0
.2
.5
.0
.0
2 ,. 2
2 5 .. 0
28 ! 0
174, 0
40. 0
28 . 0
S. 0
4. 0
3. 6
.
.
130. 0
6. 0
20. 5
36. 0
60. 0
1 .1
1 .9
NATNALTY
JA
AS
UK
NZ
CA
UK
UK
CA
JA
UK
JA
JA
JA
UK
JA
JA
FR
JA
JA
CA
AS
JA
JA
SW
JA
JA
CA
UK
JA
JA
UK
GE
UK
FI
UK
UK
UK
JA
UK
SA
JA
UK
JA
FI
CH
JA
JA
SO
IT
UK
JA
JA
JA
JA
JA
JA
lt>B7
s li
Jd74
^674
-675
J o 76
*678
.<679
H679
J679
3679
^679
J679
3679
3679
3 b 79
3679
3679
3679
3679
3679
3679
3679
3693
3693
3693
3693
3693
3694
3694
3694
3694
3699
3699
3699
3699
3699
3711
3711
371t
3711
3713
3713
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
3714
FOREIGN
US F I R M
DIR EC T
INVESTM EN '
TRANSACTIONS.
NAME
S IM T E K IN C
T E L M O S ' P R O D U C T IO N F A C I L I T Y
T R W 'S C A P A C IT O R O IV
OHMTEK IN C
C L A R O S T A T M FG CO I N C
ADT IN C
A K A S H IC M E M O R IE S CORP
A M E R I C A N Y A Z A K I C O R P USA
BURTON I N D U S T R I E S IN C
C IR C O N CORP
COMPUTER PRODUCTS
H I - T E C H R O B O T IC S LTD
J V C M A G N E P R D T S OF A M f c & IC A
M IC R O P A C I N D U S T R I E S IN C
S HE LD A H L IN C
S IE M E N S
S T E W A R T -W A R N E R CORP
TDK OKLAHOMA CORP
T E C H N IC A L COM PONENTS IN C
T R IA N G L E M IC R O W A V E IN C
T R W 'S C IN C H CONNECTORS
C O R D IS C O R P S PACEMAKER u IN E
IM A T R O N IN C
N IH O N - K O H D E N CORP
N O R TH A M E R IC A N P H I L I P S CORP
X -R A Y T E C H N O L O G IE S IN C
A M E R IC A N IN D U S T R IA L M FG . S V C S .
ASMO MFG I N C
M I T S U B I S H I E L E C T R IC A M E R IC A IN C
N GK S P A R K P L U G S U S A I N C
A E R O S P A T IA L E
G C A 'S LASER TECHNOLOGY D I V
IN T E R S IM (G M I)
KONNEX CORP
M ASTER IM A G E S IN C
I S U Z U M O T O R S CO
N I S S A N MOTOR CORP
S U B A R U -IS U Z U A U T O M O T IV E IN C
V O L V O -G M H EA V Y TRUCK CORP
C A R L - B U IL T IN C
L A M B E R E T USA
A A P ST MARYS CORP
A R V I N SANGO C O .
A U T O M O T IV E S I N D S . . I N C .
BANDO M F G . OF A M E R IC A
B E N D IX J ID O S H A K I K I
C A L S O N IC M FG . CO RP.
CME C O R P
D I E S E L K I K I USA
EAG LE W IN G S IN D U S T R IE S
E L S A CORP
E N E K I A M E R IC A IN C
GKN A U T O M O T IV E COM PO NENTS
H O N D A O F A M E R I C A M F G CO
J I D E C O OF B R A D S T O W N
MATHER M ETA LS IN C
COMPLETE,
BY
SIC
LO C A T IO N
TS
FOREIGN
COLORADO SPGS
SUNNYVALE
QGAl LALA
N IA G A R A F A L L S
DOVER
NEW YO RK
SANTA CLARA
LAVERGNE
PAWTUCKET
SANTA BARBARA
POMPANO B EACH
BUFFALO
TUSCALOOSA
GARLAND
N O R T H F IE L D
P L A IN S B O R O
C H IC A G O
S HA W NE E
W A R W IC K
E .H A N O V E R
POCAHONTAS
M IA M I
S AN F R A N C I S C O
IR V IN E
NEW Y O R K
SANTA CRUZ
RANCHO
B A TTLE CREEK
MASON C I T Y
IR V IN E
M IA M I
ANDOVER
TULSA
B U F F A L O GROVE
SAN JO S E
LOS A N G E LES
SMYRNA
LAFAYETTE
O R R V IL L E
C H IC K A S H A
LA M A R
ST MARYS
M A D IS O N
STRASBURG
B O W L I N G GR
G A L L A T IN
S H E L B Y V IL L E
MT P L E A S A N T
DECATUR
RANTOUL
ELW O O D
COLUMBUS
AUBURNH1LL
ANNA
BRADSTOWN
CLEVELAND
CO
CA
NE
NY
NH
NY
CA
TN
RI
CA
FL
NY
AL
TX
MN
NJ
IL
OK
RI
NJ
AR
FL
CA
CA
NY
CA
CA
MI
OH
CA
FL
MA
OK
IL
CA
CA
TN
IN
OH
OK
CO
OH
IN
IN
KY
TN
TN
MI
IL
IL
IN
OH
MI
OH
KY
OH
N IP P O N S T E E L CORP
ROHM CO L T D
S H I Z U K I E L E C T R IC CO L T D
S F E R N IC E SA
H AW KER S tO D E L E Y G R O U P P L C
H AW LEY GROUP P LC
K U B O TA L T D
Y A Z A K I CORP
C O N T R O L T E C H N IQ U E S P L C
BOC G R O U P P L C
U N IT E C H P L C
T R I-C A N D EV E LO P M E N TS L TD
M A T S U S H IT A E L E C IN O CO L T D
HEM PEL, F . W.
S U M IT O M O B A K E L IT E CO L T D
S IE M E N S AG
BTR PLC
TDK CORP
F R A N C E , G O VT OF
A R IA D N E A U S T R A L IA L T D
P R E C I S IO N M E C A N IQ U E L A B IN A L
NUCLEUS LTD
M I T S U I & CO L T D
N IH O N -K O H D E N C O R P
P H IL IP S NV
U E I PLC
T O Y O T A M O TO R CO L T D
T O Y O T A M O TO R C O R P
M I T S U B I S H I E L E C T R IC C O R P
N G K S P A R K P L U G CO L T D
FR A N C E , GOVT OF
KOBE S T E E L L T D
B E T PLC
TV
INVESTOR
SA
B R O N F M A N F A M IL Y T R U S T S
IS U Z U M O T O R S L T D
N IS S A N M O TO R C O L T O
F U J I H E A V Y I N D S / I S U Z U M O TO R
V O LV O AB
NATHANS LTD
L A M B E R E T F R E R E S E T C I E SA
H IT A C H I M E TA LS CORP
SANGO C O . L T D .
T A T E & L Y L E PLC
8 A N 0 0 C H E M IC A L I N D S . L T D
J ID O S H A K I K I CO L T D
N IS S A N M O TO R C O . L T D .
M IT S U B A E L E C T R IC M FG CO
D I E S E L K I K I CO L T D
M IZ U S H IM A M A C H & M E T A L I N D C O .
S A K A M O T O I N D S CO L T D
E N K E I G R /M IT S U B IS H I CORP
G U EST, KEEN, NETTLEFOLO
H O N D A M O T O R CO L T O
N IS S A N M O TO R CO L T D
N H K S P R IN G C O L T D
OT
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
AM
PE
AM
AM
OT
AM
OT
AM
AM
AM
AM
AM
OT
El
AM
NP
NP
NP
PE
PE
AM
AM
OT
AM
NP
PE
NP
NP
AM
NP
NP
JV
NP
NP
JV
PE
JV
NP
NP
NP
PE
NP
PE
PE
NP
value
n a tn a ltv
2 .0
1 .5
3 0 .8
7 1 5 .0
1 5 .0
.
.
9 .0
.
0. 1
23. 1
4 .9
9 .0
2 0 0 .0
.
«
.
3 0 .0
2 .0
1 .5
6 8 0 .0
.
,
2 5 .0
.
7 0 .0
.
.
7 .0
4 0 5 .0
2 3 .5
.
.
2 0 .0
7 .6
1 5 .0
1 4 .5
4. 1
1 0 .0
.
5 0 .0
3 7 .5
1 0 .0
9 .0
1 0 .0
4 5 0 .0
11.
s
JA
JA
JA
FR
UK
UK
JA
JA
UK
UK
UK
CA
JA
GE
JA
GE
UK
JA
FR
AS
FR
AS
JA
JA
NL
UK
JA
JA
JA
JA
FR
JA
UK
SZ
CA
JA
JA
JA
SW
AS
FR
JA
JA
CA
JA
JA
JA
JA
JA
JA
JA
JA
UK
JA
JA
JA
1987 FOREIGN D I R E C T I N V E S T M E N T T R A N S A C T I O N S , C O M P L E T E . BY SIC
S IC
3714
3714
3714
3714
3714
3714
3714
3714
3714
4 7 14
3714
3714
3714
3714
3721
3728
372B
3728
3728
3732
3732
3743
3751
3764
3 8 11
3611
*8 1 1
3 b 11
3822
3B22
3822
3622
3823
3823
3824
3824
3824
3825
3829
3829
3832
3832
3832
3841
3841
3841
3841
3841
3842
3842
3842
3842
3843
J85 1
3851
J85 1
US F IR M
NAME
NAKAGAWA S ANG YO
N E A T O N A U TO P R D T S MFG IN C
NEW S A B I N A I N D U S T R I E S I N C
R O C K W E L L C L U T H CO
S H E L L E R -R Y O B I CORP
SUNBURV COMPONENTS IN D U S T R IE S
T E IK O K U CORP
T E K S ID A L U M IN U M FOUNDRY IN C
TENNEX IN D U S T R IE S IN C
TG ( U S A ) CORP
T O K IC O MFG CORP
TO PY CORP
U N IT E D GLOBE N IP P O N IN C
Y U H S H IN ORSCHEN
ALSTHOM IN C .
B O E IN G C O 'S H Y D R A U L IC U N IT S IN C
LA N G L E Y CORP
LE A R S IE G L E R A S T R O N IC LORP
L E A R S IE G L E R A V I O N I C S S Y S T E M S CORP
BENETEAU
Y A M A H A M O T O R M F G C O R P OF A M R .
NEMKO IN C
K IM P E X USA L T D
O W E N S -C O R N IN G F IB E R G L A S S N IT C O D IV
FORMA S C I E N T I F I C D I V .
H IT A C H I IN S T R U M E N T S IN C
S P E C T R A -P H Y S IC S IN C
T O P C O N I N S T R U M E N T C O R P OF A M R .
B A R B E R - C O L M A N CO
H A N N A I N S T R U M E N T S OF A M E R I C A
RANCO IN C
R E V E R E CORP
C A R L E T O N GROUP
FUTREX IN C
A L L IE D S IG N A L S NEP TU N E IN T L U N IT
I N D I K O N CORP
V D O - Y A Z A K I CORP
RHOOE & SCHWARZ I N C
D A T A M E T R IC S O P E R A T IO N S
IR D M E C H A N A L Y S IS IN C
BAUSCH & LOM BS' O P T IC A u D IV
P O L Y - O P T I C A L PRO D UC TS IN C
S P E X GROUP IN C
LU TH E R M E D IC A L PRO DUCTb IN C
ORGANON T E K N I K A CORP
TERMASCAN IN C
TERUMO CORP
W IL S O N -C O O K M E D IC A L IN C
OELMED IN C
D E R M A -L O C K M E D IC A L CORP
DONJOY IN C
EVER EST & J E N N IN G S IN C .
W I L L I A M ' S CO D E N T A L D I V
BAUSCH & LO M B S ' O P H T H A L M IC D IV
R E V L O N I N C ' S V I S I O N CARE D I V
S E IK O - E P S O N CORP
L O C A T IO N
M E R R IL L V IL L E
EATON
S A B IN A
TROY
S H E L B Y V IL L E
SUNBURY
S P R IN G F IE L D
D IC K S O N
MURFREESBORO
P E R R Y V IL L E
BEREA
FRANKFORT
C H IC A G O
S O U T H F IE L D
U N IO N C IT Y
DUARTE
SAN D IE G O
S ANTA M O N IC A
FLORHAM PARK
M A R IO N
NENAN
NEW Y O R K
PLATTSBURG
NEWPORT BEACh
M A R IE T T A
SAN J O S E
SAN JO S E
PARAMUS
ROCKFORD
WOONSOCKET
D U B L IN
W A L L IN G F O R D
E A S T AURORA
G A IT H E R S B U R G
NEPTUNE
C A M B R ID G E
W IN C H E S T E R
LANHAM
W IL M IN G T O N
COLUMBUS
ROCHESTER
SANTA M O N IC A
E D IS O N
S A N T A ANA
R E S C H T R . PK
NEW YOR K
ELKTON
GREENSBORO
FREEHOLD
EN G L E W O O D
CARLSBAD
LO S A N G E L E S
BUFFALO
ROCHESTER
NEW Y O R K
E l PASO
TS
F O R E IG N
IN
OH
OH
MI
IN
OH
OH
TN
TN
MO
KY
KY
IL
MI
CA
CA
CA
CA
NJ
SC
GA
NY
NY
CA
OH
CA
CA
NJ
IL
RI
OH
CT
NY
MD
NJ
MA
VA
MD
DE
OH
NY
CA
NY
CA
NC
NY
MO
NC
NJ
CO
CA
CA
NY
NY
NY
TX
NAKAGAWA S AN G YO
N IH O N P L A S T LTD
H O N D A M O T O R CO L T O
I S U Z U MOTORS L T D
RVOBI LTD
SHOWA M A N U F A C T U R I N G CO
T E I K O K U C H R O M E CO L T D
A G N E L L I F A M IL Y
N I S S A N M O T O R CO L T D
T O Y O T A MOTOR C O , E T AL
T O K I C O M F G CO L T D
N IP P O N S T E E L CORP
N IH O N T O K U S H U /H IR O T O N I/F U J IY O S H I
M A Z D A M O T O R CO L T D
F R A N C E , G O V T. OF
DOWTY GROUP
F L E E T A E R O S P A C E CO
G E N E R A L E L E C T R I C CO P L C
S M IT H S IN D U S T R IE S PLC
BENETEAU F A M IL Y
N I P P O N G A K K I CO L T D
M I T S U I & CO L T D
SOUCY, G IL L E S
U K , G O VT OF
P H IC O M PLC
H IT A C H I LTD
C IB A G E IG Y CORP
T O Y O O P T I C A L CO L T O
S IE B E PLC
HANNA IN S T R U M E N T S
S IE B E PLC
DOBSON PARK IN D S PLC
FR GROUP PLC
K E T T E L E C T R IC LAB
SCHLUMBERGER LTD
M E T R A V IB IN S T R U M E N T S IN C
Y A Z A K I SOGYO E T A L
R H O D E & S C H W A R Z GM BH & CO KG
BOC P L C
DOBSON PARK IN D U S T R IE S
C A M B R I D G E I N S T R U M E N T S CO P L C
M I T S U B I S H I R A Y O N CO L T D
O V E R S E A S P R I V A T E E Q U I T I E S NV
D A V IE S , FRED S
A KZO NV
D E T L E V , B A U R S -K R E Y
TERUM O CORP
W IL S O N -C O O K M E D IC A L IN C
F R E S E N 1 U S AG
Z W I R N , E DG A R
S M I T H & N E P H E W A S S O C S CO P L C
B R I E R L E Y , RON E T A L
I V O C L A R AG
C A M B R I D G E I N S T R U M E N T S CO P L C
P IL K IN G T O N BROTHERS PLC
S E IK O -E P S O N CORP
IN V E S T O R
TY
VALUE
NP
PE
NP
JV
NP
NP
NP
JV
NP
PE
NP
PE
JV
JV
NP
AM
AM
AM
AM
NP
NP
PE
NP
AM
AM
OT
El
PE
AM
NP
AM
AM
AM
JV
AM
AM
NP
NP
AM
AM
AM
AM
AM
AM
PE
AM
PE
NP
AM
AM
AM
El
AM
AM
AM
AM
1 .0
12 ! 5
2 5 .0
1 3 .0
8 .0
20! 0
1 5 .0
4 2 .5
2 .7
3 15
2 4 0 .0
5 6 .0
310*0
7 .0
2 2 7 .0
0 .7
1 5 0 .0
1 2 .8
26. 1
1 3 .0
24! 2
1.0
1. 1
0 .6
7 5 .0
.
.
.
.
574! 0
NATNALTY
JA
JA
JA
JA
JA
JA
JA
IT
JA
JA
JA
JA
JA
JA
FR
UK
CA
UK
UK
FR
JA
JA
CA
UK
UK
JA
SZ
JA
UK
IT
UK
UK
UK
JA
UK
FR
JA
GE
UK
UK
UK
JA
NA
CA
NL
GE
JA
CA
GE
BE
UK
NZ
LS
UK
UK
JA
1987 F O R E I G N D I R E C T
S IC
3861
3861
3861
3861
3861
3861
3861
3861
3911
3914
393 1
3944
3944
3949
3949
3951
3955
3955
3955
3963
3997
3999
3999
4011
4012
4111
4151
4151
4151
4151
4151
4151
4151
4212
4213
4213
4213
4213
4213
4226
4411
4411
4411
4411
4411
4411
4411
4411
4431
4459
4459
4463
4463
4463
4463
4511
US
F IR M
INVESTMENT
TRANSACTIONS,
N A ME
K O N I C A M FG U S A I N C
M IN O L T A ADVANCE TECHNO LOGY IN C
P A N A V IS IO N IN C
P H O T O L A B E L S U SA
P O L Y T R I BO I N C
POW E R S C H E M C O I N C
R IC O H E L E C T R O N IC S IN C
V I S U A L C O M M U N I C A T I O N S ( B E L L 8. H O W E L L )
T I F F A N Y & CO
HOUSECRAFT IN D U S T R IE S
LYON & H E A LY H ARPS IN C
PEREGO PRODUCTS
PLAYMATE TOYS
K D I CORP
T R I A N G L E M A N U F A C T U R I N G COR P
FRAW LEY CORP
P IL O T M A N U F A C T U R IN G CORP
P OLYCHRO ME CORP
S T IM A G IN G TECHNOLOGY
U N IV E R S A L F A S T E N E R S IN C
H E A T H S I G N CO
K A M E Y A M A C A N D L E CO
T IM E -O U T F A M IL Y AMUSEMENT C T .
G E R M A N R A IL
P A C I F I C L I N K E X P R E S S CO
G R A N D T R U N K W E S T E R N RR CO
B E R R Y T R A N S P O R T A T I O N CO I N C
J . M E R E D I T H B U S CO
S C H O O L B U S CO
S C H O O L B U S CO
S C H O O L B U S CO
SCHOOL BUS COS ( 4 )
T R A V E L T IM E BUS L IN E S IN C
M E R C H A N T S HOME D E L IV E R Y S E R V IC E IN C
HOLMES T R A N S P O R T A T IO N IN C
R E D S T A R E X P R E S S L I N E S OF A U B U R N I N C
R O B IN TR A NSPO RT IN C
RYAN GROUP
WESTERN IN D U S T R IA L MOVERS IN C
A U T O W A R E H O U S I N G CO
A U S T R A L IA -N E W ZE A LA ND C O N T A IN E R L IN E
A U S T R A L IA -N E W ZEA LA ND D IR E C T L IN E
CHESAPEAKE S H IP P IN G IN C
SSANGYONG S H I P P I N G (U S A ) IN C
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
W EST I N D I E S S H I P P I N G CORP
W IN D S T A R S A I L C R U IS E S LTD
Z I M A M E R I C A N - I S R A E L S H I P P I N G CO
O G L E B A Y N O R T O N CO I N C
TH R EE BUOYS HOUSEBOAT V A C A T IO N S
W . J . S E R V IC E S
CAR S T E A M S H I P I N C
MAERSK L IN E
T R A N S P A C I F I C C O N T A IN E R S E R V IC E CORP
T R A N S L O A D IN G T E R M IN A L P A R T N E R S H IP
A IR FRANCE
COMPLE TE ,
4
BY SIC
L O C A T IO N
TS
FO R E IG N
GREENSBORO
GOSHEN
TARZANA
CAROL STREAM
B R IS T O L
G LE N COVE
IR V IN E
EVANSTON
NEW YOR K
ST ALBANY
C H IC A G O
F T W A YN E
LA MAR I D A
C IN C IN N A T I
M O R R IS V IL L E
LOS A NGELES
BEACON F A L L S
YONKERS
RENO
LAWRENCEBURG
Y A K IM A
O N T A R IO
F A IR F A X
ATLANTA
NEW Y O R K
D E T R O IT
NC
NY
CA
IL
PA
NY
CA
IL
NY
VT
IL
IN
CA
OH
NC
CA
CT
NY
NV
KY
WA
CA
VA
GA
NY
MI
NH
NJ
PA
MA
NJ
DE
MA
CA
MA
NJ
MI
MI
CA
WA
CA
CA
DE
NJ
NY
FL
FL
FL
OH
OK
NY
NY
CA
CA
CA
PA
K O N I S H I R O K U P H O T O I N D CO L T D
M I N O L T A C A ME R A CO L T D
L E E . BENNY
S & M P R O C E S S IN G LTD
F U J I K U R A K A S E I CO L T D
K O N I S H I R O K U P H O T O I N D CO L T D
R I C O H CO L T D
E I K I IN D U S T R IA L C O .. LTD
M ERCHANT NAVY O F C . P E N S IO N
HOUSECRAFT IN D U S T R IE S
L E S A R T M E C A N I O U E SA
PEREGO PRODUCTS
PLAYMATE TOYS
A R IA D N E A U S T R A L IA LTD
S T L A W R E N C E M FG C A N A D A I N C
B R I E R L E Y . RON E T A L
P I L O T P E N CO L T D
D A IN IP P O N IN K & C H E M IC A L S
S A N G Y O CO L T D . S T
Y O S H I D A KOG YO KK
P A T T I SON, J IM
K A M E Y A M A C A N D L E CO L T D
SEGA E N T E R P R I S E S L T D
WEST G E R M A N Y . G O V 'T OF .
Y A M A S H I T A - S H I N N I H O N S T E A M S H I P CO L T D
C A N A D IA N N A T IO N A L R A IL W A Y S
S C O T T S H O S P I T A L I T Y CO
S C O T T S H O S P I T A L I T Y CO
D EG RO O TE, M IC H A E L G .
DEGROOTE. M IC H A E L G .
DEG R O O TE, M IC H A E L G .
D E G R O O T E , M IC H A fE L G .
L A ID L A W T R A N S P O R T A T IO N LTD
N A T IO N A L F R E IG H T C O N S O R T IU M PLC
F IN G O L D , D A V ID & PAUL ET AL
TNT LTD
TNT LTD
CANADA T R A N S P O R T GROUP
R O Y A L N E D L L O Y D GROUP NV
TNT LTD
NEW Z E A L A N D , G O V ' T OF
NEW Z E A L A N D , G O V ' T O F
K U W A IT , G O V ' T OF
SSANG YONG CORP
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
WEST I N D I E S S H I P P I N G CORP
H O L L A N D A M E R IC A L I N E T R U S T NV
I S R A E L , G O V ' T OF
B R IE R L E Y , RONALD A . ET AL
THREE BUOYS HOUSEBOAT V A C A T IO N S
WORMS S E R V I C E S M E R I T I M E S
KAW ASAKI K IS E N K A IS H A LTD
A . P . M O E LLE R GROUP
M IT S U I OSK L IN E S LTD
M I T S U I & CO L T D
F R A N C E , G O V ' T OF
CHERRV H IL L S
S P R IN G F IE L D
OXNARD
F R A M IN G H A M
NEW A RK
L A N S IN G
L IV O N IA
LOS A N G E L E S
TACOMA
LONG BEACH
S AN F R A N C I S C O
DOVER
CARLSTADT
NEW Y O R K
M IA M I
M IA M I
M IA M I
CLEVELAND
EUFAULA
NEW Y O R K
NEW Y O R K
LONG B EACH
LOS A N G E LES
LOS ANGELES
P H IL A D E L P H IA
IN V E S T O R
TY
VALUE
NATNALTV
NP
NP
AM
NP
JV
AM
NP
NP
AM
NP
AM
NP
NP
El
AM
AM
OT
PE
NP
AM
AM
NP
AM
OT
OT
OT
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
OT
OT
OT
OT
OT
OT
AM
OT
AM
OT
OT
AM
OT
OT
OT
0*T
120
2
150
JA
JA
UK
UK
JA
JA
JA
JA
UK
CA
SZ
IT
HK
AS
CA
NZ
JA
JA
JA
JA
CA
JA
JA
GE
JA
CA
CA
CA
CA
CA
CA
CA
CA
UK
CA
AS
AS
CA
NL
AS
NZ
NZ
KU
KS
HA
TD
NL
IS
NZ
CA
FR
JA
DA
JA
JA
FR
18
3
3
20
48
0
16 8
1
0
0
1
9
5
t
ON
1907 F O R E I G N . D I R E C T I N V E S T M E N T T R A N S A C T I O N S , C O M P L E T E ,
S IC
US
F IR M
NAME
A M E R IC A WEST A I R L I N E S IN C
451 1
451 I
K L M /IN T E R E X
4511
LUFTHANSA
4511
N IP P O N CARGO A I R L I N E S
TN T E X P R E S S A IR
451 1
T N T M A IL F A S T
451 1
451 1
TN T SKVPACK
4582
AERO S E R V IC E S IN T E R N A T IO N A L IN C
4712
A IR B O R N E F R E IG H T CORP
4712
FOUR W IN D S E N T E R P R IS E S IN C
4712
H I T A C H I B U T S U R Y U CO
IS E W A N USA I N C
4712
KUEHNE t NAGEL
4712
4712
N A IG A I N IT T O
OCEAN CON. C A R R IE R S /D A IN IC H I TSUUN JV
4712
4712
S U M I T O M O W A R E H O U S E CO
4712
TO K V U WORLD T R A N S P O R T ( USA I N C )
4724
T V T R A V E L IN C
4731
P R O F IT SYSTEM S IN C
T R A N S L IN K USA IN C
4782
B U R EA U V E R I T A S C O N T A IN E R . S E R V IC E CORP
4789
481 1
A T & T /K D D VENTURE
N T T A M E R IC A IN C
4 8 11
4833
R A I CORP
4833
T E L S T A R CORP
ACTON C O R P 'S TV SYSTEM S
4899
DOWN E A S T P E A T P R O J E C T
491 1
C H A M P L A IN P IP E L I N E PRO JEC T
4922
4922
M I D - L O U I S I A N A G A S CO
4924
U N IC O R P ENERGY IN C
4941
C O N S U M E R S W A T E R CO
CHEMCLEAR IN C
4953
4953
F IC H T N E R - WANTECH
4953
METRO W ASTE S E R V IC E IN C
P E TE R S O N GROUP
4953
V ES TA TECHNOLOGY IN C
4953
W A S T E R E M O V A L CO
4953
4953
W ASTE REM OVAL COMPANY
W A S TE R EM O V A L COMPANY
4953
W A S T E REM O V A L COS ( 2 )
4953
5012
A M E R IC A N IS U Z U MOTORS I N C .
BMW O F N . A M E R I C A
5012
D A IH A T S U A M E R IC A
5012
HONDA NORTH A M E R IC A IN C
5012
H Y U N D A I MOTOR A M E R IC A
5012
M AZ DA MOTOR CORP
5012
MAZDA MOTORS OF A M E R IC A ( E A S T )
5012
5012
M IL W A U K E E MACK S A L E S IN C
RANGER ROVER OF N O . A M E R IC A
5012
SUBARU OF A M E R IC A IN C
5012
T O Y O T A M O TO R S A L E S I N C
5012
APOLLO IN D U S T R IE S IN C .
5013
H I LEX CORP.
5013
IN TER M A R K IN C
5013
N I S S A N M O TO R C O R P P A R T S D I V
5013
STEEG O CORP
5013
BY SI C
L O C A T IO N
TS
F O R E IG N
TEMPE
NEW Y O R K
DULLES A IR P T
J A M A IC A C IT Y
WESTBURY
LOS ANGELES
BOSTON
TETERBORO
SEATTLE
SAN D IE G O
LOS ANG ELES
CHARLOTTE
SEATTLE
NEW Y O R K
LOS ANG E LES
LOS A N G E L E S
S AN F R A N C I S C O
DAYTON
V A L L E Y STREAM
NEW Y O R K
R I V E R EDGE
AZ
NY
VA
NY
NY
CA
MA
NJ
WA
CA
CA
NC
WA
NY
CA
CA
CA
OH
NY
NY
NJ
GU
NY
NY
CA
FL
ME
RI
LA
OH
ME
PA
GA
FL
FL
FL
MI
TX
TN
OH
MD
GA
CA
CA
GA
CA
FL
WI
CA
NC
MD
OH
MI
CA
CA
FL
TNT LTD
KLM R O Y A L D U TC H A I R L I N E S BV
F E D E R A L R E P OF G E R M A N Y , G O V ' T OF
A L L N I P P O N A I R W A Y S CO L T D
TNT LTD
TNT LTD
TNT LTD
ATTAR t D IB O
TNT LTD
N A T IO N A L F R E IG H T C O N S O R T IU M PLC
H IT A C H I LTD
I S E W A N T E R M I N A L S E R V I C E CO L T D
R O W L A N D , R O L A N D W.
N A I G A I N I T T O CO L T D
D A I N I C H I T S U U N CO L T D
S U M I T O M O W A R E H O U S E CO L T D , T H E
TO KYU CORP
W A G O N - L I T S SA
L E P GROUP PLC
I R I S H M A IN P O R T H O L D IN G S
BUREAU V E R IT A S
K O K U S A I D E N S H I N DENWA CO L T D
N I P P O N T E L E G R A P H & T E L E P H O N E C OR P
I T A L Y , G O V ' T OF
C L A R I O N CO L T D
M O FFAT C O M M U N IC A T IO N S LTD
S O C I E T E G E N E R A L E D E B E L G I Q U E SA
NOVERCO IN C
B A S F AG
M A N N , GEORGE S .
F R A N C E , G O V 'T OF
N E W A R T H IL L PLC
F I C H T N E R B E R A T E N D E I N G E N . GMBH & CO KG
ATTWOODS PLC
ATTWOODS PLC
ATTWOODS PLC
D EG R O O TE, M IC H A E L G.
D EG RO O TE, M IC H A E L G .
DEG RO O TE, M IC H A E L G.
DEG ROOTE, M IC H A E L G .
I S U Z U MOTORS L T D .
B A Y E R I S C H E M O T O R E N W E R K E AG
T O Y O T A M O TO R C O . L T D .
H O N D A M O T O R CO L T D
H Y U N D A I CO L T D
M A Z D A M O TO R C O R P L T D
C I T O H & CO
F R A N C E , G O V T OF
U K , G O V T OF
F U J I HEAVY IN D U S T R IE S LTD
T O Y O T A M OTOR CO L T D
LEWO, J .
N IP P O N CABLE SYSTEMS IN C .
B R I E R L E Y , RON E T A L
N I S S A N M O TO R CO L T D
B R I E R L E Y , RON E T A L
NEW Y O R K
NEW Y O R K
LOS ANG ELES
DE 8 L 0 I S
NEW O R L E A N S
COLUMBUS
PORTLAND
WAYNE
ATLANTA
H IA L E A H
TAMPA
FT LAUDERDALE
GLEN B U R N IE
B R U N S W IC K
LOS A L A M IT O
TORRANCE
ATLANTA
IR V IN E
J A C K S O N V IL L E
M IL W A U K E E
LOS A N G E LES
CHERRY H I L L
B A L T IM O R E
TOLEDO
B A T T L E CRK
LA J O L L A
COSTA
W PALM BCH
IN V E S T O R
TY
AM
JV
OT
OT
OT
OT
OT
El
El
AM
OT
OT
OT
OT
JV
OT
OT
AM
AM
OT
OT
JV
OT
OT
AM
AM
JV
JV
AM
OT
AM
AM
JV
AM
AM
AM
AM
AM
AM
AM
PE
OT
OT
OT
OT
OT
PE
PE
OT
NP
PE
El
PE
AM
PE
AM
VALUE
31
6
16 8
13
2
126
0
7 5
2 0
80
0
16 0
0
1
10
2
2
6
0
0
9 3
4 5
37 5
3 8
3
NATNALTY
AS
NL
GE
JA
AS
AS
AS
IT
AS
UK
JA
JA
UK
JA
JA
JA
JA
BE
UK
El
FR
JA
JA
IT
JA
CA
BE
CA
GE
CA
FR
UK
GE
UK
UK
UK
CA
CA
CA
CA
JA
GE
JA
JA
KS
JA
JA
FR
UK
JA
JA
CA
JA
NZ
JA
NZ
1067
SIC
FOREIGN
DIRECT
US F I R M
INVESTMENT
TRANSACTIONS.
NAME
5 0 13
VOLVO NORTH A M E R IC A
5023
L . D . B R IN K M A N 'S C ARPE T & FLOOR U N I T
5031
S E K I S U I HOUSE A M E R IC A
503 1
Y O S H I D A KOG VO
5031
1 8 6 7 C O N F E D E R A T I O N OF L O G H OM ES
5039
H & W B L D G , PRODUCTS IN C
5039
O N O DA USA
5042
E R N S T P A U L L E H M MN
5043
A IC PHOTO IN C
5043
C l YOKOYAMA IN C
5047
CON TR A VA S M E D IC A L IN S T R U M E N T S
5051
B E R N A R D E P P S & CO
5051
M I - TECH S TEEL IN C
5051
NGK M E T A L S C O R P
505 1
NOVA
5051
P R O C O IL CORP
505 1
T E N N E S S E E M E T A L COR P
5053
P A R T E K CORP
5063
C IL A S ALCATEL
6063
H A K U T O CO
5063
NEC A M E R IC A
5063
N K K S W I T C H E S OF A M E R . INC
5063
R A D IO -H O L L A N D
5063
R A D IO -H O L L A N D
5063
T H O M S O N - C S F ' S S Y S T E M S & W E A P O N S G R O UP
f>064
J V C P R O F E S S I O N A L P R O D U C T S CO
5064
M I T S U B I S H I E L E C T R I C S A L E S A M E R . INC
5064
M I T S U B I S H I E L E C T R IC SALES A M E R IC A
5065
ALCATEL
5065
B R IT IS H TELECOM IN T L
5065
D A I TO S H O J I CO
5065
E IC H H O F F
5065
HAHL F IL A M E N T S IN C
5065
H I T A C H I A M E R IC A LT D
5065
K E N T E L E C T R O N IC S CORP
5065
M O U N T A IN O P T E C H
5065
N I S S E I E L E C T R I C CO
5065
N I S S E I E L E C T R I C CO
5065
PLESSEY
5065
S KC
5065
T E L I U SA
5074
F A M I L I A N CORP
5075
M O N IT O R IN C
5001
BMG
5081
C H A N C E LLO R CORP
5081
IN T E L L E C T SYSTEMS
508 1
N E C H OM E E L E C T R O N I C S USA I N C
508 1
S O N Y M I C R O S Y S T E M S CO
5081
2 E N 0 O F F IC E SYSTEMS
5082
KBK
5082
KOMATSU A M E R IC A CORP
5082
M IT C H E L L D I S T R I B U T I N G CO
5093
ECHO IN C
5084
ABS PUMPS IN C
Digitized for5 0FRASER
84
AMADA E N G I N E E R I N G & S E R V I C E CO
5064
A M E R IT E C H C O M M U N IC A T IO N S IN C
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
COMPLETE,
BY
SIC
L O C A T IO N
M A R IE T T A
K E R R V IL L E
BELLEVUE
LOS A N G E LES
LOUDON
B O O N E S V IL L E
S IL IC O N VAL
SAN D I E G O
CARLE PL
B IL L E R IC A
LOS A NGELES
MURFREESBORO
LOS ANG ELES
T IP P C IT Y
CANTON T N S H IP
LA V E R G N E
E N G LEW O O D
NEEDHAM
DENVER
SCOTTSDALE
SAN F R A N C I S C O
PORTLAND
CRYSTAL C IT Y
ELM WOOD P A R K
P IS C A T A W A Y
TA C O M A
CORAL G ABLES
SAN F R A N C I S C O
PORTLAND
W ARW ICK
C O LU M B IA
CARY
HOUSTON
BOULDER
NEW Y O R K
LO S A N G E L E S
CORAL GABLES
ALPHARETTA
VAN NUYS
SPARTANBURG
BOSTON
W. W I C H I T A
SAN J O S E
PALO ALTO
DALLAS
E V A N S V IL L E
HACKENSACK
CHARLOTTE
LAKE Z U R IC H
M E R ID E N
C H IC A G O
H U N T IN G T O N BE
TS
GA
TX
WA
CA
TN
MS
CA
CA
NY
CA
MA
CA
TN
CA
OH
MI
TN
CA
MA
CO
NJ
AZ
CA
OR
VA
NJ
NJ
WA
FL
CA
OR
RI
SC
NC
TX
CO
NY
CA
FL
UN
GA
CA
NJ
SC
MA
KS
CA
CA
TX
IN
NJ
NC
IL
CT
IL
CA
F O R E IG N
IN V E ST O R
V O L V O AB
J O H N C R O W T HE R G R O U P P L C
S E K I S U I HOUSE LTD
Y O S H I D A KOG VO KK
1 S 6 7 C O N F E D E R A T I O N OF LO G H O M E S
REDPATH IN D U S T R IE S LTD
ON O DA C E M E N T CO L T D
LEHMANN P A T EN TW E R K E EP
MAXWELL E L E C T R O N IC S LTD
Y O K O Y A M A E L E C T R I C W O R K S / C I T O H CO
CONTRAVAS M E D IC A L IN S TR U M EN TS
K A W A SA K I S T E E L CORP
M I T S U I & CO L T D
NGK I N S U L A T O R S L T D
C . I T O H & CO L T D
M A R U B E N I C OR P
SU M IT O M O CORP L T D
P A R T E K AB OY
F R A N C E , G O V T OF
H A K U T O CO L T D
N EC C O R P
N I H O N K A I H E I K I I N D U S T R I E S CO L T D
K O N I N K L I J K E N E D L L O Y D G R O E P , NV
K O N I N K L I J K E N E D L L O Y D GRO EP NV
F R A N C E , G O V T OF
M A T S U S H I T A E L E C T R I C I N D CO L T D
M IT S U B IS H I E L E C T R IC
M I T S U B I S H I E L E C T R IC CORP
F R A N C E , G O V T OF
U N I T E D K I N G D O M , G O V T OF
D A I T O S H O J I CO L T D
GEBR. E1C K H 0FF MASCH.
E R W I N H A H L GMBH
H IT A C H I LTD
M ERCURY I N T L GROUP PLC
F E R R A N T I PLC
N I S S E I E L E C T R I C CO L T D
N I S S E I E L E C T R I C CO L T D
P L E S S E Y CO P L C
S U N K Y O N G C H E M I C A L CO L T D
T E L I AB
W O LSELEY PLC
TOKYO B O E K I LTD
MOHN, R E IN H A R D
BRUNCORP IN C
S E I K O - E P S O N CORP
NEC CORP
SONY CORP
E R S K IN E HOU SE GROUP PLC
KYOKUTO B O E K I K A IS H A LT D
KOMATSU L T D
BLACKWOOD HODGE PLC
K I O R I T Z CORP
A B S P U M P E N GM B H
A M A D A CO L T D
E R S K IN E HOUSE PLC
TV
NP
AM
OT
OT
OT
AM
OT
OT
El
NP
OT
El
JV
OT
JV
JV
OT
OT
NP
OT
OT
El
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
AM
AM
OT
OT
OT
OT
OT
AM
OT
OT
El
AM
OT
OT
AM
OT
OT
AM
PE
PE
OT
AM
VALUE
4
57
0
24
0
1
0
5
1 7
2 0
17
4
0
0
4
0
3
2
1 4
99
2
14
0
1
0
3
7
9
5
NATNALTY
Sw
UK
JA
JA
CA
CA
JA
GE
HK
JA
SZ
JA
JA
JA
JA
JA
JA
FI
FR
JA
JA
JA
NL
NL
JA
JA
JA
JA
FR
UK
JA
GE
GE
JA
UK
UK
JA
JA
UK
KS
SW
UK
JA
GE
CA
JA
JA
JA
UK
JA
JA
UK
JA
GE
JA
UK
FOREIGN
MC
6UB4
SU84
f>084
5u84
5084
5084
5084
1*084
5084
5084
5084
5084
5084
5084
5084
5085
5086
5086
5086
508B
5088
5088
snaa
5088
5091
5093
5094
5099
5 1 11
5 1 12
51 13
5122
5122
5122
5122
5141
5142
5146
5148
5148
5149
5149
5149
5153
5159
5161
5161
5161
5161
5161
5161
r> 1 6 1
e > i6 i
f# 1 6 1
r> \6 1
US
DIRECT
F IR M
INVESTMENT
TR ANS A CT I O NS ,
NAME
BGM D IA M O N D T O O L S IN C
BORG W A R N E R 'S BYRON J A C K S O N PUMP
BOTTCHER & GESSNER
B O T T E R O USA CORP
O E L L E VE D O V E USA IN C
E . T . H O R N CO
K U R IS H IG H TECH SYSTEM S LTD
N IS S H O I W A I A M E R IC A CORP
N I S S H O I W A I F A CO
R A Y M O N D A U T O M A T I O N CO
SOMET IN C
Y A M A Z A K I MAZAK
V A M A ZA K I MAZAK
Y A M A Z A K I MAZAK
Y IP K O N CORP
ZEVATECH
G O O D A L L R U B B E R CO
M O R I T E X CO
ROK
TE C A N USA LTO
AUGUSTA A V IA T IO N CORP.
FO K K E R A I R C R A F T USA
H E R M E T IC A IR C R A F T I N T L CORP
L E A R S IE G L E R IN T E R N A T IO N A L CORP
S I S U USA
S H IM A N O A M E R IC A N CORP
L E V I N M E TA LS CORP
IN T E R N A T IO N A L T I M E CORP
YAMAHA CORP OF A M E R IC A
H O B A R T /M C IN T O S H
S U M M IT O F F IC E S U P P LY IN C
H A V E R P R ID E FARMS ET AL
K E T C H U M & CO I N C
PARLUX FRAGRANCES IN C
SAR STEDT IN C
T E C H N O G E N E T IC S IN C
C O S TC O W H O LES A LE CORP
C O L L IN S F O O D S E R V IC E IN C
FOOTWORK CORP
L E E R A Y - T A R A N T I N O CO
M O V S O V I T Z & S O N S OF F l A . I N C
A R R O W H E A D D R I N K I N G W A TE R CO
D A U P H IN D I S T R IB U T IN G S E R V IC E S
S U N S H I N E W A T E R CO
L IN C O L N G R A IN
EMERALD STORAGE CORDELE IN C
C l S P E C IA L C H E M IC A L S I N C .
H O E C H S T C E L A N E S E CORP
H U L S A M E R IC A IN C
1 C I PHARMA
METERMASTER
M ETR O O I L & C H E M IC A L CORP
NETWORK P O LVM ER S
P H A R M A C IA V E N TU R E S IN C
R H O NE-PO ULENC
ROUSSEL U C LA FF H O L D IN G S
COMPLETE.
BY
SIC
L O C A T IO N
D IV
GREENSBORO
CHARLOTTE
H IC K O R Y
CHARLOTTE
CHARLOTTE
LA M IR A D A
NORCROSS
C A M B R ID G E
C H IC A G O
NORWALK
SPARTANBURG
FLORENCE
C H IC A G O
LOS A N G E LES
F A IR F IE L D
RESCH. T R I.P K
STOCKTON
SAN D I E G O
A U S T IN
H IL L S B O R O
P H IL A D E L P H IA
ATLANTA
LONG IS L A N D
STAMFORD
K IL G O R E
O C E A N S ID E
SAN JO S E
M ID D L E B U R G
B UENA PARK
C H IC A G O
NEW Y O R K
B IR M IN G H A M
NORWALK
NEW Y O R K
NEWTON
NEW Y O R K
SEATTLE
LOS A N G ELES
SAN F R A N C I S C O
SAN F R A N C IS C O
J A C K S O N V IL L E
M O N TE RE Y PARK
C A MP H I L L
TAMPA
L IN C O L N
CORDELE
NEW Y O R K
S O M M E R V IL L E
P IS C A T A W A Y
W IL M IN G T O N
LOS A N G E L E S
R ID G E F IE L D
NEW H A V E N
LOS A N G E LE S
DURHAM
ENGLEWOOD C LF
TS
NC
NC
NC
NC
NC
CA
GA
MA
IL
CT
SC
KV
IL
CA
NJ
NC
CA
CA
TX
NC
PA
GA
NY
CT
TX
CA
CA
CT
CA
IL
NY
AL
CT
NV
NC
NV
WA
CA
CA
CA
FL
CA
PA
FL
NE
GA
NV
NJ
NJ
DE
CA
NJ
CT
CA
NC
NJ
F O R E IG N
IN V E S T O R
Z . B A V E L L O N I SPA
O K U M A M A C H I N E R Y W O R KS L T D
S T E I N B E I S & C O N S O R T E N GMBH E T A L
B O TTE R O SPA
VEDOVE F A M IL Y
PH S V A N OMMEREN NV
K U R I S H I G H T E C H S Y S T E M S GM B H
N IS S H O I W A I CORP
N IS S H O IW A I CORP
S W I S S I N D U S T R I A L CO
SOMET
Y A M A Z A K I M AZAK CORP
Y A M A Z A K I MAZAK CORP
Y A M A Z A K I M AZAK CORP
SHL SYSTEMHOUSE
B A C H O F E M AG
T R E L L E B O R G G U M M I N F A B R I K S AB
M O R I T E X CO L T D
R I K A D E N K I K O G Y O CO L T D E T A L
T E C A N AG
E F IM
N E T H E R L A N D S , G O VT OF
WESTLAND PLC
S M IT H S IN D U S T R IE S PLC
S I S U A U T O AB
S H I M A N O I N D U S T R I E S CO L T D
P EK O -W A LLS EN D LTD
SMH S W IS S CORP FOR E L E C T R O N IC S
N I P P O N G A K K I CO L T D
AMER GROUP L T O
B U H R M A N N -T E T T E R O D E NV
NOR TH ERN FOODS PLC
O F C C O M M E R C I A L P H A R M A C E U T I C A L SA
Z A F R I , E R V IN ET AL
SARSTEDT IN C
RECOROATZ SPA
C A R R E F O U R N E O E R L A N D BV
BUNZL PLC
FO O T W O R K C O R P
A L B E R T F I S H E R GROUP
A L B E R T F IS H E R GROUP ( T H E )
S O U R C E P E R R I E R SA
N A T IO N A L F R E IG H T C O N S O R T IU M PLC
S O U R C E P E R R I E R SA
ELDERS IX L LTD
QUEALLY F A M IL Y
C . IT O H & CO. LTD
HOECHST A G
V E S A AG
I C I C H E M IC A L IN D U S T R I E S PLC
H A W K ER S I O D E L E Y P L C
S IM O N E N G IN E E R IN G PLC
M A R U B E N I CORP
P H A R M A C I A D E V E L O P M E N T CO
F R A N C E , G O V T OF
H O E C H S T AG
TV
OT
AM
OT
OT
OT
AM
OT
OT
OT
AM
OT
OT
OT
OT
AM
OT
AM
OT
OT
NP
NP
PE
AM
AM
OT
OT
AM
AM
OT
AM
AM
AM
AM
AM
OT
AM
El
AM
OT
AM
AM
AM
AM
AM
AM
OT
OT
OT
OT
NP
AM
AM
AM
NP
OT
NP
VALUE
NATNALTY
XT
JA
GE
XT
IT
0. 3
NL
0 .5
GE
JA
JA
SZ
1. 1
IT
JA
JA
JA
CA
5 .5
SZ
SW
JA
JA
SZ
IT
3.7
NL
4 .2
UK
UK
FI
JA
AS
SZ
JA
FI
, NL
UK
FR
4 .3
AU
GE
5! 0
IT
5 .8
3 8 .9
NL
4 0 .0
UK
JA
UK
2 5 .0
JA
1 7 .5
FR
2 5 0 .0
UK
FR
.
AS
UK
6 .0
JA
1 .0
GE
GE
UK
.
UK
9 .8
UK
JA
t .0
SW
.
FR
GE
1 2 .8
1987 F O R E I G N D I R E C T
S IC
F IR M
NAME
T O K Y O P R I N T I N G I N K USA
TO SO -HA A S
V ALSP A R ME0ON
W VR O U G H & L A S E R I N C
S T E U A R T P E T R O L E U M CO
GAS G A T H E R IN G S YS T EM S IN C
M IE C O IN C
PENN T R A D IN G IN T E R N A T IO N A L LTD
S T A T O IL
G A R S T S E E D CO
B R A D L E Y 'S V IE W FAN
K IN G F IS H E R P R IN T S
CYCLOPS C O R P .
LONDON K IT C H E N S
6 . A L T M A N 8, CO
B O N W IT T E L L E R
H O L M E S * DH CO
H O O K E R , L J R E T A I L COR P
R E A D D . M . CO
YAOHAN D E P T . STORE
A & P FUTURE STORES
FOOD L I O N IN C
H A N N A F O R D B R O T H E R S CO
SAFEWAY D I V . EL PASO
SHAW S U P E R M A R K E T I N C
WALDBAUM IN C
S T E R L IN G IN C
METRO TOYOTA
SCHAUMBURG H Y U N D A I
T I R E S Y S T E M S / B I L L Y BOYS IN C
A V IA T IO N S E R V IC E O R G A N IZ A T IO N
PO RTLAND F R E IG H T L IN E R IN C
(IX I;Z )
A L F R E D D U N H I L L OF L O N D O N I N C
A R M A N I, G IO R G IO
F A R WE S T G O R E - T E X S P E C I A L T Y S H O P
FAR W E ST G O R E - T E X S P E C I A L T Y SHOP
R O D IE R P A R IS
ALEXON
B A S IL E B O U T IQ U E
B R IT IS H KHAKI
FORTUNE C O O K IE S
G IA D A
I S S E Y M IY A K E USA
M IL A N D 'O R
R O D IE R P A R IS
S A IN T L A U R E N T -R IV E GAUCHE
SOCK SHOP
T A R L A Z Z I STORE
T H IM B L E S
W I L K E S B A S H F O R D F O R WOMEN
M IC H A E L CROMER L T D (M C M )
BERK
D A W S ON I N T E R N A T I O N A L USA
S A K O W IT Z IN C
ASAHI CO.
COMPLETE.
BY SIC
LOCATION
TS
F O R E IG N
LOS A N G E L E S
P H IL A D E L P H IA
M IN N E A P O L IS
TRENTON
W A S H IN G TO N
M ID L A N D
HOUSTON
CA
PA
MN
NJ
DC
TX
TX
PA
NY
HA
IL
NC
PA
OH
NY
CA
LA
NY
CT
CA
NY
FL
ME
NM
MA
NY
OH
OH
IL
CA
MA
OR
CA
NY
CA
OR
WA
NY
NY
NY
CA
NY
NY
NY
NY
NJ
NY
NY
NY
IL
CA
GA
NY
NY
TX
GA
T O K Y O P R I N T I N G I N K M FG CO
T O Y O SODA M FG CO
U K , G O V T OF
B A Y E R AG
I T A L Y , G O V ' T OF
O P P E N H E IM E R . HARRY F . & F A M IL Y
M A R U B E N I CORP
M A R U B E N I CORP
N O R W A Y , G O V ' T OF
I M P E R IA L C H E M IC A L I N D U S T R I E S PLC
P E O P L E S ' R E P U B L I C OF C H I N A , G O V ' T
K IN G F IS H E R P R IN T S LTD
D IX O N S GROUP PLC
MAGNET & S OUTHERN PLC
H E R S C U , GEORGE
H E R S C U . GEORGE
B R I E R L E Y , RON E T A L
H E R S C U , GEORGE
CAMPEAU, ROBERT
Y A O H A N D E P T S T O R E CO E T A L
TENGELMANN F A M IL Y
D E L H A I Z E L E L I O N G R O UP
SOBEY F A M IL Y
A S K O D E U T S C H E K A U F H A U S AG
S A IN S B U R G J . PLC
TENGELMANN F A M IL Y
R A T N ER GROUP PLC
T O Y O T A M O T O R S CO L T D
H Y U N D A I M O T O R CO L T D
M I C H E L I N T Y R E PLC
JET A V IA T IO N
D A I M L E R - B E N Z AG
D 'U R B A N
ROTHMANS I N T L PLC
A R M A N I, G IO R G IO
FAR WEST IN D U S T R I E S
FAR WEST I N D U S T R I E S
P R O U V O S T SA
A LE XO N GROUP PLC
B A S IL E HOUSE
L IG H T O N , R .
T A K I H Y O CO L T D
G IA D A
WACOAL I N T L CORP
M IL A N D 'O R
P R O U V O S T SA
D E B E N E D E T T I , CARLO
SOCK SHOP I N T L P LC
A N G E L O T A R L A Z Z I SA
BAT IN D U S T R IE S PLC
T A K A - Q CO L T D
M I C H A E L CROMER L T D
B ER K , HARVEY F A M IL Y
DA WSON I N T E R N A T I O N A L P L C
H E R S C U , GEORGE
N IP P O N RUBBER C O . L T D .
NEW YO RK
HONOLULU
3 R A D . V IE W
CHARLOTTE
P IT T S B U R G
COLUMBUS
NEW YOR K
BEVERLY H IL L
NEW O R L E A N S
NEW YOR K
TRUMBULL
LOS A N G E L E S
WESTCHESTER
S A L IS B U R Y
SCARBOROUGH
EL PASO
B R ID G EW A TER
CENTRAL IS L
A R K ON
CLEVELAND
C H IC A G O
SACRAMENTO
BEDFORD
PORTLAND
BEVERLY H IL L S
NEW Y O R K
BEVERLY H IL L S
PORTLAND
BELLVUE
NEW Y O R K
NEW Y O R K
NEW Y O R K
COSTA MESA
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
C H IC A G O
SAN F R A N C IS C O
ATLANTA
NEW Y O R K
NEW Y O R K
HOUSTON
ATLANTA
TY
IN V E S T O R
OF
OT
JV
JV
AM
AM
El
OT
OT
OT
OT
JV
OT
AM
OT
AM
OT
El
OT
AM
OT
OT
OT
El
AM
El
AM
AM
OT
OT
AM
NP
OT
OT
PE
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
AM
OT
OT
OT
AM
OT
VALUE
46
0
7
384
1
261
149
210
1
natnalty
JA
JA
UK
GE
IT
SO
JA
JA
NO
UK
CH
UK
UK
UK
AS
AS
NZ
AS
CA
JA
GE
BE
CA
GE
UK
GE
2
UK
0
JA
KS
FR
SZ
GE
JA
UK
IT
CA
CA
FR
UK
IT
UK
JA
JA
JA
JA
FR
IT
UK
FR
UK
JA
5
GE
UK
UK
AS
0
JA
10 0
5161
5161
5161
5161
517 1
5172
5172
6172
5172
5191
5199
5199
5 2 11
5 2 11
531 1
5311
531 1
5311
5311
5 3 11
5 4 11
5411
5 4 11
5 4 11
5 4 11
5 4 11
5499
5511
5511
5531
5599
5599
5611
5611
5611
5611
5611
5611
5621
5621
5621
5621
5621
5621
5621
5621
5621
5621
5621
5621
5621
5631
5632
5632
5651
5661
US
INVESTMENT TRANSACTIONS,
1987 F O R E I G N D I R E C T
S IC
5661
5661
5661
5699
5699
5712
5713
5713
5719
5722
5732
12
b fl 1 2
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5812
5813
5921
5942
5944
5944
5944
5944
5945
5948
5948
5948
5948
5962
5999
5999
5999
5999
5999
60
60
60
US
F IR M
I N VE ST ME NT T R A N S A C T I O N S , COMPLETE,
NAME
BALLY IN C .
H ES S SHOES
R A N G O N I OF FRANCE
IN T E R N A T IO N A L H A IR G O O D S IN C
N A F -N A F
HERO USA IN C
RB I N D U S T R I E S IN C
SHYAM AHUJA
F R E T T E USA
T IP T O N C EN TE R S IN C
IN T E R T A N IN C
A S S O C IA T E D HOSTS IN C .
B IC E RESTAURANT
BREAD BROTHERS IN C .
BRUMBYS'
CHUBU T R A D IN G
FOOTWORK H A W A II CORP
H A N A N O K I CO
HARDEE' S
H A R D E E 'S
JURAKU RESTA U R A NT
JURAKU RESTA U R A NT
K IK I
METRO RESTA U R A NT
NEW M E 1 J I G R O U P C OS
N IS S H O IW A I
PASTAVO NI RESTAURANT
RANCH HOUSE RESTAURANT
R I S I N G S U N CO
R O T H C H IL D R ESTAURANT
SUSHI RESTAURANTS
S U S H I - I W A USA IN C
TACO V IL L A RESTAURANTS
T K E N T E R P R I S E CO
U N IG A T E R ESTAURANTS
SEAFOOD B R O IL E R RESTAURANT
L IQ U O R BARN C H A IN
B . DALTON BOO KSELLER CO.
C IR O IN C .
E L E C T R O N IC S P E C IA L T Y PRODUCTS
KAY JEW ELE R S IN C
MERKSAMER JEW ELERS
T H E I N T E L L I G E N T TOY STORE
HERMES
LO E W E
LO E W E
M A R T E L L . J & F D I F F U S I O N U SA
A D VANCE A U T O M A T IC V E N D IN G IN C
FA S TFR A M E C A L IF O R N IA IN C
K IN D Y C H IL D R E N F U R N IT U R E
M IR E X CORP
N E T W O R K S E C U R I T Y COR P
SPECTRON IN C
BANK OF HO N O LULU
B A N K OF P A L M S P R I N G S
C H IC A G O “ TOKYO BANK
IN C
BY SIC
L O C A T IO N
TS
F O R E IG N
NEW R O C H E L L E
B A L T IM O R E
CHARLESTOWN
M IN N E A P O L IS
NEW Y O R K
M A R IE T T A
IR V IN E
NEW Y O R K
NEW Y O R K
ST L O U IS
F T WORTH
BEV H IL L S
NEW Y O R K
NY
MD
SC
MN
NY
GA
CA
NY
NV
MO
TX
CA
NV
HA
UT
KY
HA
WA
DC
DC
PA
NJ
KY
HA
CA
IN
MA
HA
NY
HA
MI
MI
TX
CA
TX
CA
CA
MN
NY
NV
VA
CA
GA
NY
NY
CA
NY
OR
CA
NJ
TX
TX
MA
HA
CA
MI
O E R K IL O N -B U H R L E H O L D IN G S
GORTZ F A M IL Y
RANGONI
A D E R A N S CO L T D
IN F L U E N C E -P O K N A F -N A F
H ERO PVBA
YEARPLEDGE LTD ET AL
SHYAM A H U JA LTD
M OSCA. V IT T O R IO F A M IL Y
D IX O N S PLC
U N IC O R P CORP
B R I E R L E Y , RON E T AL
B IC E RESTAURANT
ROYAL CO. L T D .
A C A D I A B A K I N G CO
CHUBU I N D S . CO . LTD
FOOTWORK C O R P .
H A N A N O K I CO L T D
BAT IN D U S T R IE S PLC
BAT IN D U S T R IE S PLC
K A T O . CHUNGO
K A T O , CHUNGO
N IS S H O IW A I CORP ET AL
N lS H IM U R A F A M IL Y
CHUO BU SSA N CORP
N IS S H O IW A I CORP E T AL
PASTAVONI
N lS H IM U R A F A M IL Y
T E M P O R A R Y C E N T E R CORP
N lS H IM U R A F A M IL Y
S U M IT O M O CORP
S U M IT O M O CORP ET AL
U N IG A T E PLC
T K E N T E R P R I S E CO L T D
U N IG A T E PLC
A C C O R SA
M A J E S T IC W IN E WAREHOUSE L T D
V E N D E X I N T L NV
G O LD , ABRAHAM E T . AL
W A L T E R J A C O B & CO L T D
B U C HE R ER , JOERG G.
H E R S C U , GEORGE
JOHN M E N Z IE S PLC
J E A N - L O U I S D U M A S -H E R M E S F A M IL Y
V U IT T O N , L O U IS
V U IT T O N , L O U IS
M ARTELL F A M IL Y
F U J I V E N D IN G LTD
FASTFRAME FR A N C H IS E S LTD
B A B Y L A N D IA M O V IS IN F A N T O J U V E N IS
E R S K IN E HOUSE PLC
I N S P E C T O R A T E I N T E R N A T I O N A L SA
M I T A N I CORP
S U K A M T O . SUKARMAN
M I T S U B I S H I BANK L T D
B A N K OF T O K Y O
SALT LAKE CTY
L E X IN G T O N
HONOLULU
SEATTLE
W A S H IN G T O N
W A S H IN G T O N
P H IL A D E L P H IA
MARLTON
NORMAL
HONOLULU
GARDEN GROVE
B LO O M IN G T O N
BOSTON
A IN A HANNA
NEW Y O R K
HONOLULU
D E T R O IT
DEARBORN
DALLAS
LOS ANGELES
DALLAS
LAKEWOOD
S A N -L E N D R O
M IN N E A P O L IS
NEW Y O R K
LAS VEGAS
A L E X A N D R IA
S AN F R A N C I S C O
M A R IE T T A
NEW Y O R K
NEW Y O R K
BEVERLY H IL L S
NEW YOR K
PORTLANO
LOS A N G E LES
PARAMUS
HOUSTON
DALLAS
N A T IC K
HONOLULU
PALM S P R IN G S
D E T R O IT
IN V E S T O R
TY
PE
OT
OT
AM
OT
OT
AM
OT
OT
AM
AM
AM
OT
AM
OT
OT
OT
OT
OT
OT
OT
OT
OT
OT
AM
OT
OT
OT
OT
PE
JV
OT
AM
OT
OT
PE
AM
AM
El
AM
AM
PE
NP
PE
OT
OT
OT
AM
OT
OT
AM
AM
AM
AM
AM
OT
VALUE
1 0 .0
2 .5
3 0 .4
1 .9
0. 1
1 .5
o !s
1.0
1 .0
1 0 0 .0
0 .6
105! 0
1 5 .0
6 .6
1 5 .0
NATNALTY
SZ
GE
IT
JA
FR
BE
AS
IN
IT
UK
CA
NZ
IT
JA
AS
JA
JA
JA
UK
UK
JA
JA
JA
JA
JA
JA
IT
JA
JA
JA
JA
JA
UK
JA
UK
FR
UK
NL
CA
UK
SZ
AS
UK
FR
FR
FR
FR
JA
UK
BR
UK
SZ
JA
ID
JA
JA
1987
S IC
60
60
60
60
60
60
60
60
602
603
61
615
6159
62
62
621
621
621 1
621 1
621 1
621 1
628
628
63
63
631 1
641 1
6531
6531
6531
6531
6552
6552
67 1 1
671 1
671 1
671 1
671 1
671 1
671 1
672
6799
7011
701 1
701 1
701 1
701 1
701 1
701 1
701 1
7011
701 1
701 1
701 1
701 1
701 1
F O R E IG N
D IR E C T
US F I R M
IN V E S T M E N T
T R A N S A C T IO N S ,
N A ME
E L C A M IN O BANK
F IR S T JER S E Y N A T IO N A L
M A R IN E M ID L A N D BANKS IN C
M I T S U B I S H I BANK
M I T S U I BANK
N A T IO N A L BANK OF G E O R G IA
S U M I T O M O T R U S T & B A N K I N G CO ( U S A )
V A L L E Y N A T IO N A L BANK
C E N T R U S T S A V IN G S BANK
H Y O G O SOGO B A N K
IN G E R S O L L -R A N D F I N A N C I A L CORP
TAKEDA F I N A N C I A L USA IN C
S U B A R U /M A R IN E M ID L A N D JV
G IR O Z E N T R A L E
SHEARSO N LEHMAN BR O TH ERS H O L D IN G S
BANQUE B R U X E L L E S LAM BERT
O E S T E R R E IC H IS C H E BANK
B ARCLAY S BANK S U B S ID IA R Y
E Q U IT A B L E E N S K IL D A JV
F IR S T A F F IL IA T E D S E C U R IT IE S
P A IN E W E B B E R GROUP I N C
A M E R IC A N P A C I F I C CORP
N IK K O C A P IT A L S E R V IC E S IN C
B A Y L Y , M A R T IN & FAY*
BER KLEY NOBEL R IS K R E T .G P
S K A N D IA L I F E A M E R IC A CORP
B & R I N T ' L IN C
AUS GROUP J V
B E S T A M E R I C A N R E A L T Y GP
I N T ' L FARM CORP OF A M E R IC A
RUBLOFF IN C
E N T E R P R I S E D E V CO
I R T R E A L T Y S E R V IC E S IN C
B E N E Q U IT Y H O L D IN G S
GLOBAL S U N S H IN E IN C
PETROSURANCE
TOHO M UTUAL L . I . C .
W E S T F IE L O I N T ' L IN C
W H IT E H A L L F I N A N C I A L GROUP
WRATHER CORP
W E IS S , PECK & GREEN
M MP R E A L E S T A T E T R U S T
A L G O N Q U IN H O T E L
BEVERLY H IL L S HOTEL
BEVERLY W IL S H IR E HOTEL
B IL T M O R E HO TEL
COLUMBUS HO TE L
DOVER H O T E L
DU NES H O T E L AND C A S IN O
H IL O COUNRTY CLUB & H O TE L
H O L ID A Y IN N S ( 7 )
HOTEL
H Y A TT REGENCY HO TEL
H YA TT REGENCY HOTEL
LA C O S TA H O T E L & SPA
M C A L L IS T E R HOTEL
IN C
COMPLETE,
BY
S IC
LO C A T IO N
TS
F O R E IG N
O R A N G E CO
CA
NJ
NY
OH
MI
GA
NY
CA
FL
NV
NJ
DE
NY
NY
NY
NY
NY
NY
TN
CA
NY
CA
NY
TX
TX
CT
GA
TX
AZ
IL
IL
TX
GA
CA
HA
OH
NY
CA
NY
CA
NY
MA
NY
CA
CA
CA
FL
NY
NV
HA
FL
CA
AZ
FL
CA
FL
P R A T T GROUP
N A T I O N A L W E S T M I N S T E R B A N K G R O UP
H O N G K O N G S H A N G H A I B A N K I N G COR P
M I T S U B I S H I BANK LTD
M I T S U I BANK
C R E D IT & C O M M E R C IA L A M E R IC A N H O L D IN G S
S U M I T O M O T R U S T & B A N K I N G CO L T D
I N S T I T U T O B A N C A R IO SAN PAOLO
PHARAON, G H A IT H H
H Y O G O SOGO B A N K
H O N G K O N G S H A N G H A I B A N K I N G CORP
TAKEDA C H E M IC A L IN D U S T R IE S IN C
F U J I HEAVY IN D U S T R IE S ET AL
G IR O Z E N T R A L E V IE N N A
N IP P O N L . I . C .
BANQUE B R U X E L L E S LAMBERT
O E S T E R R E I C H I S C H E L A E N D E R B A N K AG
B A R C L A Y S BANK PLC
S K A N D IN A V IS K A E N S K IL D A BANKEN
BEKHOR, JONATHAN E . S .
YASUDA MUTUAL L . I . C .
A M S T E R D A M -R O T T E R D A M BANK
N IK K O S E C U R IT IE S
N I K O L S GROUP
B E R K L E Y CORP
S K A N D I A I N T ' L H O L D I N G S AG
SALE T I L N E Y PLC
E L D E R S F I N A N C E GROUP
T A I Y O R E A L E S T A T E CO L T D
H IG A S H I N IP P O N HOUSE
O R I E N T L E A S I N G CO L T D
HA YSO N GROUP
P A D U L L I . LUCA
RENOUF CORP
S H I N K E N T E K N I K A CO L T D
FO R U M R E I N S U R A N C E CO L T D
TOHO M U T U A L L . I . C .
W E S T F IE L D H O L D IN G S LTD
DEGUNZBURG F A M IL Y
B E I E R L E V , R ON E T A L
LLO YD S BANK PLC
P IE R S O N , H E L D R IN G & P IE R S O N
A O K I CORP
B R U N E I , S U L T A N OF
REGENT HOTELS
FO U R S E A S O N S H O T E L S L T D
DAHLAWI F A M IL Y
J A P A N E S E R E D E V COS
N A N G A K U , MASAO
NAKANO CORP
BASS PLC
M IT S U B IS H I HEAVY IN D U S T R IE S
O R I E N T L E A S I N G CO E T A L
DAHLAWI F A M IL Y
S P O R T S S H I N K O CO
DAHLAWI F A M IL Y
BUFFALO
COLUMBUS
S O U T H F IE L D
ATLANTA
NEW Y O R K
GLENDALE
M IA M I
NEW YORK
W O O D C L IF F LAK
DOVER
NEW YOR K
NEW YOR K
NEW Y O R K
NEW YOR K
NEW YOR K
NEW Y O R K
N A S H V IL L E
SAN D I E G O
NEW Y O R K
SAN F R A N C IS C O
NEW Y O R K
F O R T W O R TH
DALLAS
ATLANTA
DALLAS
P H O E N IX
C H IC A G O
C H IC A G O
SAN A N T O N IO
ATLANTA
LOS A N G E LES
HONOLULU
COLUMBUS
NEW Y O R K
LOS A N G E LES
NEW Y O R K
BEVERLY H IL L S
NEW Y O R K
S P R IN G F IE L D
NEW Y O R K
BEVERLY H IL L S
BEVERLY H IL L S
SANTA BARBARA
M IA M I
NEW Y O R K
LAS VEGAS
H IL O
M IA M I
SAN B E R N A R D IN
SCOTTSDALE
M IA M I
CARLSBAD
M IA M I
IN V E S T O R
TV
AM
AM
El
OT
OT
AM
OT
AM
AM
OT
AM
OT
JV
OT
AM
OT
OT
OT
JV
AM
AM
AM
OT
AM
JV
OT
AM
OT
OT
AM
AM
AM
AM
OT
AM
OT
OT
AM
AM
AM
JV
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
VALUE
8 2 0 .0
7 5 6 .0
4 6 .7
1 6 .6
3 0 .0
5 0 8 .3
3 0 0 .0
.
3 0 .0
5 .7
*
•
1.3
178 . 1
8 .3
1 5 .0
7 6 .0
6 7 .5
2 9 .0
200. 0
1 2 9 .0
29 .9
1 8 .5
157 . 7
1 7 5 .0
1 1 .0
5 0 .0
1 5 .0
2 5 0 .0
1 6 .5
N A Th
AS
UK
HK
JA
JA
NA
JA
IT
SA
JA
HK
JA
JA
AU
JA
BE
AU
UK
SW
UK
JA
NL
JA
IT
BD
SW
UK
AS
JA
JA
JA
AS
UK
NZ
JA
BD
JA
AS
CA
NZ
UK
NL
JA
BX
HK
CA
SA
JA
JA
JA
UK
JA
JA
SA
JA
SA
1 987 F O R E I G N
S IC
701 1
701 1
701 1
701 1
701 1
701 1
7011
7 0 11
7011
7299
731 1
731 1
731 1
731 1
731 1
731 1
731 1
731 1
731 1
731 1
731 1
7311
731 1
731 )
731 1
7351
7351
7361
7361
7361
7362
7362
7362
7362
7362
7362
7362
7371
7372
7372
7372
7372
7372
7372
7372
7372
7372
7372
7372
7372
7373
7374
7374
7374
7375
7379
US
D I R E C T INVEST ME NT T R A N S A C T I O N S , COMPLETE,
F IR M
NAME
N A N IL O A H O TE L
N IA G A R A H IL T O N
P E R S H IN G H O T E L
S H E F F IE L D E N T E R P R IS E S IN C
SHELBURNE HOTEL
W A I K I K I BEACHCOMBER H O TE L
W E L L IN G T O N H O T E L
W E S T IN HO TEL
W E S T IN H O TE LS & RESORTS
ONE N IG H T STAND IN C
AC & R / D H B & B E S S
A M M 1 R A T I & PUR I S I N C .
BROCK GREEN A S S O C S .
C L I F F FREEMAN & PARTNERS
GR EY A D V E R T I S I N G ' S C H IC A G O OFC
HAKUHODO A D V E R T IS IN G A M E R IC A IN C
HDM W O R L D W ID E
JWT GROUP ( J W A L T E R T H O M P S O N )
L A U R E N C E , C H A R L E S , F R E E & LA W S O N
M E D IA RECORDS
M O J O MDA
P U B L IC IS
S A A T C H I & S A A TC H I DSF
S A A T C H I & S A A T C H I GROUP ONE
TOKYU AGENCY
A P - D O W J O N E S / T E L E R A T E CO
R EU TE R S IN F O R M A T IO N S E R V IC E S
B O RM AN, GRAY I N T L IN C
TEAM S E R V IC E S IN C
WA R D M A N A G E M E N T C O R P
A D IA S E R V IC E S
AUD
B L U E A RROW
F IR S T T E M P O R A R IE S IN C
MANPOWER IN C
O T I S E R V IC E S IN C
T A L E N T TR E E T E M P O R A R IE S IN C
U N I S O F T GROUP
BOOK ONE
COMPUTER A SSOCS IN T L IN C
H I T A C H I ' S M A R K E T IN G SYSTEMS D I V .
HONEYW ELL IN F O R M A T IO N SYSTEMS
HONEYW ELL IN F O R M A T IO N SYSTEM S
IC O N SYS TEM S & SOFTWARE
M IT R O L IN C
MOLECULAR D E S IG N LTD
O R B IT SEARCH S E R V IC E S
SPECTRUM HOLOBYTHE
T O T A L A S S E TS P R O T E C T IO N IN C
W ATERLOO M IC R O S Y S T E M S IN C
S E C O A M E R IC A IN C
DATA CUMBERLAND S E R V IC E S
D IS C L O S U R E IN C
N IH O N K E I Z A I S H IM B U N IN C
I S I D E N T S U OF A M E R I C A I N C
B ED FO R D A S S O C IA T E S IN C
BY SIC
*
L O C A T IO N
TS
F O R E IG N
H IL O
N IA G A R A F A L L S
M IA M I
ANCHORAGE
M IA M I BEACH
OAHU
ALBANY
IN D IA N A P O L IS
SEATTLE
NEW Y O R K
NEW Y O R K
NEW Y O R K
ATLANTA
F A R M IN G T O N HS
C H IC A G O
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
NEW Y O R K
LOS A N G E LES
NEW Y O R K
NEW Y O R K
ATLANTA
ATLANTA
WORCESTER
M ENLO PARK
HARTSDALE
NEW Y O R K
WORCESTER
M IL W A U K E E
NEW Y O R K
HOUSTON
E M E R Y V IL L E
BERKELEY
GARDEN C I T Y
SN C L A R A
M IN N E A P O L IS
C H IC A G O
OREM
WO BUR N
SAN L E A N D R O
MCLEAN
BOULDER
A R L IN G T O N
NORCROSS
LOS A N G ELES
M ONTI CELLO
BETHESDA
NEW YORK
ROCKWELL
N OR W A LK
HA
NY
FL
AK
FL
HA
NY
IN
WA
NY
NY
NY
GA
MI
IL
NY
NY
NY
NY
NY
NY
NV
NV
NY
CA
NY
NY
GA
GA
MA
CA
NY
NY
MA
WI
NY
TX
CA
CA
NY
CA
MN
IL
WA
MA
CA
VA
CO
TX
GA
CA
KY
MD
NY
MA
CT
NAKANO CORP
M A T O V IC , R A D O M IR
Z E L M I A IN V E S T M E N T S NV
HOLLAND A M E R IC A L IN E S
EMERALD I N T ' L IN V E S T M E N T S IN C
A Z A B U B L O G CO L T D
SEEBA , SAMUEL
KUMAGAI GUMI
A O K I CORP
D O N IG E R , JOANNA
S A A TC H I BROTHERS
BOASE M A S S IM P O L L I T T PLC
S A A TC H I BOTHERS
S A A TC H I BROTHERS
GK K H O L D I N G S AG
SSC & B ; L I N T A S W O R L D W ID E
E U R O C O M S A / D E N T S U CO
WPP GROUP P LC
LOW E H O W A R D - S P I N K & B E L L P L C
VNU NV
M O J O MDA
P U B L IC IS GRO UP, THE
S A A T C H I BROTHERS
SAA TC H I BROTHERS
TOKYU A D V E R T IS IN G AGENCY IN C
U N I T E D K I N G D O M , G O V T OF
R E U T E R S H O L D IN G S PLC
B L U E ARROW P L C
H E S T A IR PLC
H E S T A IR PLC
P E S T Z L O Z Z I, M . 0 .
H E S T A IR PLC
B L U E ARROW P L C
H E S T A IR PLC
B L U E A RROW P L C
E C C O SA
H E S T A IR PLC
P R O V I N C I A L GROUP PLC
P AR A LA X SOFTWARE P U B L IS H E R S
H A E F N E R , WALTER
H IT A C H I LTD
F R A N C E , G O V T OF
F R A N C E , G O V T OF
S A N Y O E L E C T R I C CO L T D
ANDERS W IL H E L M S E N
M AXW ELL. ROBERT
MAXW ELL, ROBERT
M AXW ELL, ROBERT
IN C O M E GROUP L T D
CROWNX I N C
S EC O M CO L T D
A P P A L A C H IA N COMPUTER SVCS I N C .
V E R E R N ID E NERDERLANOSE
N IH O N K E I Z A I S H IM B U M IN C
DENTSU LTD
U K , G O V T OF
IN V E S T O R
TY
VALUE
AM
AM
AM
AM
AM
AM
AM
RE
AM
OT
OT
AM
AM
OT
AM
JV
JV
AM
AM
AM
OT
OT
OT
OT
OT
El
OT
AM
AM
AM
El
AM
OT
AM
AM
AM
AM
AM
OT
AM
PE
OT
OT
El
El
AM
AM
AM
AM
OT
OT
OT
AM
OT
JV
AM
1 1 .0
8 .0
1 .5
6 .4
8 6 .7
2 .0
2 9 .8
7 5 0 .0
3 1 .8
5 6 6 .6
2 4 .8
1 0 .4
1 9 .8
9 .3
1 3 5 0 .0
5 2 7 .0
5 9 .0
6 .0
1.2
NATNALTY
JA
CA
NA
NL
CA
JA
UK
JA
JA
UK
UK
UK
UK
UK
SZ
UK
FR
UK
UK
NL
AS
FR
UK
UK
JA
UK
UK
UK
UK
UK
SZ
UK
UK
UK
UK
FR
UK
UK
NL
SZ
JA
FR
FR
JA
NO
UK
UK
UK
AS
CA
JA
UK
NL
JA
JA
UK
i
—
°
^
,
1987 F O R E I G N D I R E C T
S IC
7379
7379
7379
7379
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7391
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
7392
US F I R M
INVESTMENT
TR A N S A C T I O N S .
COMPLETE.
NAME
C O R N E L L COMPUTER CORP
I N E T CO OF A M E R I C A
O C E - B U S I N E S S S Y S T E M INC
SAE IN C
A I M S B I O T E C H C OR P
A N ATECH I N C ' S E N V IR O N M E N T A L OIV
ARCO R & D I N S T I T U T E
CELG EN E CORP
ENERGY C O N V E R S IO N DEV I CE S
F U J I S A W A P H A R M A C E U T I C A L CO
H E N K E L R E S E A R C H CORP
H I T A C H I F A R M I N G T O N H I L L T E C H N I C A L CTR
I 8 F “ B I O T E C H N I C S USA
ID E T E K IN C
K A B IV IT R U M
L E A R S I E G L E R D E V E L O P M E N T S C I E N C E S CORP
M A Z D A N O R T H A M E R I C A I NC
M I K U N I CORP
M I Z U H O M E D I CO
N I S S A N R E S E A R C H & D E V CORP
ONCOMEMBRANCE I N S T I T U T E
P H A R M E T R IX CORP
PLA NT C ELL RESEARCH INTL
S H IN - E T S U - T E C H N IC A L S RV . CENTER
T E X A S E A S T E R N C O R P / H A L C O N SC D E S I G N D I V
V I T A L I A N C OR P
WELGREN M FG . IN C .
A L E X A N D E R P R O U D F O O T CO
A M E R I C A N T O K Y O K A S E I K OG YO
A S S O C . M F G . & I N D U S T . C O N S T R . SVCS
BPA GROUP
C . IT O H & C O . A M E R IC A
CASEY C O M M U N IC A T IO N S MGMT.
CHASE E C O N O M E T R IC S IN C
C LEV E LA N D C O N S U L T IN G AS SOCIA TES
COMART A S S O C IA T E S I N C .
CONTEL B U S IN E S S SYSTEMS
D IA L IN F O IN C .
F IN C H , D O I & B E R L IN E R IN C
F U T U R E S GROUP I N C .
GRODY T E L L E N C O M M U N IC A T IO N S
L I T I G A T I O N S C IE N C E S IN C
M E R G E R & A C Q U I S I T I O N T E A M ( M&A)
M IC C O N S U L T IN G
N IP P O N D E N S O T E C H N IC A L CENTER
P E T E R S O N & CO
P O T O C K I. JO S EP H & ASSOCS IN C
P R O F E S S IO N A L S E R V IC E IN D S IN C
R E E S E C O M M U N IC A T IO N S COS I N C
R O G E R S & COWAN I N C
S IM O N MCGARY P U B L I C R E L A T IO N S
STOCKMAN & ASSOC S IN C
T A K E D A B U S I N E S S S E R V I C E U SA
T A R G E T IN G SYSTEM S IN C
TUCK E N G IN E E R IN G IN C
V AN DYK A S S O C S . IN C
BV SIC
LOCATION
TS
FO R E IG N
P L A I N V I EW
NY
VA
CT
CO
IL
IN
CA
C O M P U T E R POWER C O R P
B E L L CANADA E N T E R P R IS E S IN C
o c e - v a n DER g r i n t e n
M A T S U S H I T A E L E C T R I C I N D U S T R I A L CO
A I M S B I O T E C H CORP
O C E A N T R A N S P O R T & T R A D I N G P LC
F E R R U Z Z I GROUP
H O E C H S T AG
CANON IN C
F U J I S A W A P H A R M A C E U T I C A L CO L T D
H E N K E L K FA A
H IT A C H I LTD
F R A N C E , G O V T OF
N OVO I N D U S T R I A / S
SVENSKA STATEN
G E N E R A L E L E C T R I C CO P LC
M A Z D A M O TO R CO L T O
M I K U N I CORP
M I Z U H O M E D I CO L T D
N I S S A N MOTOR CO L T D
O T S U K A P H A R M A C E U T I C A L CO L T D
R E C O R D A T I SPA
F E R R U Z Z I GROUP
S H I N - E T S U C H E M I C A L CO L T D
D E N K I K A G A K U KOGYO KK
F E R R U Z Z I GROUP
WELLCOME F O U N D A T IO N PLC
B R IT A N N IA H O L D IN G S PLC
T O K Y O K A S E I KOG YO CO L T D
N I S S H O IW A CORP
U K , G O V T OF
C. IT O H & CO. LTD .
S H A N D W IC K PLC
WEF A S S O C I A T E S
S A A TC H I BROTHERS
ROTHMANS I N T L PLC
HAWLEY GROUP PLC
U N IT E D K IN G D O M , G O V T . OF
T R A N S -M E D IA RESOURCES IN C
S A A TC H I BROTHERS
S A A T C H I BROTHERS
S A A TC H I BROTHERS
M I T S U B I S H I CORP
M I T S U B I S H I CORP
T O Y O T A M O TO R CO L T D
S A A T C H I BROTHERS
CLARKE HOOPER IN C
I N S P E C T O R A T E I N T E R N A T I O N A L SA
W PP G R O U P P L C
S H A N D W IC K PLC
S H A N D W IC K PLC
S A A TC H I BROTHERS
TAKEDA C H E M IC A L IN D S LTD
WPP G R O U P P L C
R I C A R D O C O N S U L T I N G 8. E N G I N E E R I N G P L C
S A A TC H I BROTHERS
CHANTILLY
S T A MF O R D
LONGMONT
C H IC A G O
ANDERSEN
DUBLIN
WARREN
TROV
TWSHP
BETHESDA
S A NT A ROSA
FARMINGTON
H
SAN B RUNO
CLAYTON
O N T A R IO
ANN ARBOR
R I CHMOND
SAN D I E G O
CASA GRANDE
SEATTLE
ME N L O P A R K
DUBLIN
TORRANCE
L I T T L E FERRY
ROCKVILLE
WEST G R E E N W I C
PALM BE A C H
PORTLAND
RICHMOND
S*'
.NCISCO
LAFAVETTE
S O U T H F IE L D
B A L A C YN W YD
CLEVELAND
NEW Y O R K
NEW Y O R K
SAN F R A N C I S C
DALLAS
GLASTONBERG
LOS A N G E LES
P LS VD PNS LA
NEW Y O R K
NEW Y O R K
S O U T H F IE L D
CHICAGO
N E WP ORT
BCH
OAK B R OOK
A R L IN G T O N
LOS A N G E L E S
LOS ANGELES
G R E E N W IC H
NEW Y O R K
A R L IN G T O N
CARMEL
WA S H I N G T O N
NJ
MI
MD
CA
MI
UN
CA
NC
CA
MI
CA
CA
AZ
WA
CA
CA
CA
NY
MD
RI
FL
OR
VA
CA
IN
MI
PA
OH
NY
NY
CA
TX
CT
CA
CA
NY
NY
MI
IL
CA
IL
VA
CA
CA
CT
NY
VA
IN
DC
IN V E S T O R
TV
AM
JV
OT
AM
OT
AM
AM
NP
AM
OT
OT
NP
NP
AM
PE
AM
OT
NP
NP
OT
NP
JV
AM
NP
AM
JV
JV
AM
NP
JV
OT
OT
AM
AM
AM
AM
AM
AM
JV
AM
AM
AM
OT
OT
OT
AM
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
VALUE
1 0 .0
4 2 .5
1 0 .0
1 2 .0
7 .0
5 .7
2 5 .0
20 . 0
2 0 0 .0
2 .0
1 9 .8
4 2 .0
1 5 .0
1 5 .0
natnaltv
AS
CA
NL
JA
CA
UK
IT
GE
JA
JA
GE
JA
FR
DA
SW
UK
JA
JA
JA
JA
JA
IT
IT
JA
JA
IT
UK
UK
JA
JA
UK
JA
UK
SZ
UK
UK
UK
UK
JA
UK
UK
UK
JA
JA
JA
UK
UK
SZ
UK
UK
UK
UK
JA
UK
UK
UK
1987 F O R E I G N D I R E C T
F IR M
INVESTMENT TRANSACTIONS,
S IC
US
NAME
7392
7393
7394
7394
7394
7395
7395
7399
7399
7399
7549
7812
7812
7813
7614
7 8 19
7823
7832
7832
7832
7832
7832
7992
7992
7997
7999
8051
8051
8051
8071
8071
8081
8081
8111
8221
8299
891 1
891 1
9611
961 1
YANASE & ASSO CS.
C R IM E CONTROL IN C
A F T E C H L E A S IN G IN C
R E N T -A -C E N T E R S
V ID E O S T A T IO N IN C , THE
BROW N P H O T O CO
COLOR S Y S T E M S TE C H N O LO G Y I N C .
FU N D SN ET IN C
1 C I ADVANCED M A T E R IA L S
ID C S E R V IC E S IN C
V O L V O -G M H EA V Y TRUCK CORP
CST C O M M U N IC A T IO N S IN C
HOLYROOO LTD
C IN E P L E X -O D E O N
H AL ROACH S T U D IO S IN C
N O R TH FO LK P R O D U C T IO N S IN C
W E S T E R N WORLD S AM U EL C O M M U N IC A T IO N S
C A P IT A L D IS T R IC T THEATERS
C IN E P L E X
C IN E P L E X - O D E N CORP
C IR C L E THEATRES
S BC T H E A T R E C O R P
E L RANCHO V ER D E COUNTRY CLUB
S N A P F I N G E R WOODS G O L F & C T Y C L U B
M E S Q U IT E COUNTRY CLUB
C IN E P L E X -O O E O N
F L O R ID A L I F E CARE
O A K M AN O R I N C
P I N E M ANO R I N C
K IM B E R L Y S E R V IC E S IN C
NMR C E N T E R S I N C
C O M P R E H E N S IV E A M E R IC A N CARE
H E A L T H IM A G E S IN C
N A T IO N A L LEGAL S E R V IC E S
GAKKVUSHA USA CO.
MUGA
HEERY IN T L IN C .
I & S A S S O C IA T E S
C H IN A - U S L I A IS O N O F F / I N T ‘ L E N T E R P R IS E S
N E T H E R L A N D S F O R E I G N I N V E S T M EN T AGENCY
COMPLETE,
*
BY SIC
L O C A T IO N
TS
F O R E IG N
C H IC A G O
IN D IA N A P O L IS
DALLAS
W IC H IT A
WOODLAND H I L L
M IN N E A P O L IS
M A R IN A RAY
ENGLEWOOD
TEMPE
C H IC A G O
GREENSBORO
HOLLYWOOD
LOS AN G ELES
U N IV . C IT Y
HOLLYWOOD
LOS ANGELES
LOS A N G E LE S
E . GRNBUSH
R A L E IG H
R A L E IG H
W A S H IN G T O N
S O M M E R V IL L E
R A IL T O
DECATUR
PALM S P R IN G S
ORLANDO
M IA M I
COLUMBUS
COLUMBUS
S HA W NE E MS
NEWPORT BEA C H
CORAL GA B LES
IL
IN
TX
KS
CA
MN
CA
NJ
AZ
IL
NC
CA
CA
CA
CA
CA
CA
NY
NC
NC
DC
MA
CA
GA
CA
FL
FL
GA
OH
KS
CA
FL
GA
NY
NY
IL
GA
VA
OK
CA
VANASE & ASSOCS
HAWLEY GROUP
Z Y TE C COMPUTER LTD
THORN - E M I PLC
CAROLCO IN V E S T M E N T S BV
S C O T T ' S H O S P IT A L IT Y IN C
RAMSDEN, TERENCE
N A T IO N A L B U S IN E S S SYSTEMS IN C .
I M P E R IA L C H E M IC A L IN D S PLC
B R I T A N N I A ARROW H O L D I N G S P L C
V O L V O AB
C I T O H / S U N T O R Y L T D / T O K Y O B R OA D W A Y
S C O T T IS H T E L E V IS IO N
D R A B IN S K Y , GA R TH , ET AL
Q U IN T E X LTD
D R A B IN S K Y , GARTH ET AL
J . C . W I L L I A M S O N F I L M MGMT
HOYTS CORP. P T Y . L T D .
D R A B IN S K Y , GARTH ET AL
D R A B I N S K Y , G A R TH ET AL
D R A B IN S K Y , GARTH ET AL
H O Y S T S CORP H O L D IN G S P TY L TD
N I T T O KO G YO CO L T D
N I T T O KOGYO CO L T D
M O R R Y CO
D R A B IN S K Y , GARTH ET AL
CARENA P R O P E R T IE S IN C
O M N I H E A L T H CARE
OM NI H E A L T H CARE
GRAND M E T R O P O L IT A N IN C
L Y N BU R G NV
RAM SEY, PAUL
L E W IS , R . J .
GESSA CORP L T D
K UMON I N S T I T U T E OR E O U C A T I O N
MUGA
B IC C PLC
T O B I S H I M A CORP
P E O P L E S R E P U B L I C OF C H I N A , G O V ' T OF
T H E N E T H E R L A N D S , G O V ' T OF
ATLANTA
hartsdale
NEW Y ORK
KANKAKEE
ATLANTA
TULSA
LOS
ANGELES
IN V E S T O R
TY
OT
AM
AM
AM
AM
AM
AM
AM
NP
AM
PE
JV
OT
OT
AM
OT
AM
OT
OT
OT
AM
AM
AM
AM
AM
OT
AM
AM
AM
AM
AM
AM
AM
AM
OT
OT
AM
AM
OT
OT
VALUE
40 !8
594! 0
2 .0
.
2 .3
.
2 0 .0
.
.
.
2 .4
6 .0
3 3 .6
.
1 .3
.
.
2 6 .0
5 .0
4 .0
8 .0
.
6 .5
4 .5
0 .5
3 0 .0
1 .8
5 .5
.
.
NATNALTY
JA
UK
CA
UK
NL
CA
UK
CA
UK
UK
SW
JA
UK
CA
AS
CA
AS
AS
CA
CA
CA
AS
JA
JA
JA
CA
CA
ca
CA
UK
UK
AS
UK
SZ
JA
JA
UK
JA
CM
NL
*
:r
°
|
APPENDIX B
LIST OF INVESTMENT TRANSACTIONS
BY
SOURCE COUNTRY
1987 F O R E I G N D I R E C T
NA
US
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
AS
A~M
F IR M
INVESTM ENTS,
COMPLETED,
BV
COUNTRY
NAME
HOMES
A IR B O R N E F R E IG H T CORP
A L L E G H E N Y 'S A P P L IA N C E GROUP
A M E R IC A WEST A I R L I N E S IN C
AUS GROUP J V
A U T O W A R E H O U S I N G CO
B . A L T M A N & CO
B O N W IT T E L L E R
BRUMBYS'
C A L IF O R N IA
C A P IT A L D IS T R IC T THEATERS
C A R L - B U IL T IN C
C O M P R E H E N S IV E A M E R IC A N CARE
C O R D IS C O R P 'S PACEMAKER L IN E
C O R N E L L C O M PUTER CORP
E L C A M IN O BANK
E N T E R P R I S E D E V CO
G . H E I L E M A N B R E W I N G CO
G E O R G IA CR A FT C O 'S M IL L
H A L ROACH S T U D IO S IN C
H O O K E R , L J R E T A I L CORP
H U M E S AR C I N C
JAMES H A R D IE BLDG PRDTS IN C
K D I CORP
LASER V ID E O IN C
L E V I N M E T A L S CORP
L IN C O L N G R A IN
L O N E S T A R M O N I E R C O N C R E T E T I T L E CO
MERKSAMER JE W E LE R S
M O J O MDA
MOLECULON IN C
MONTANA RESO U R C ES M IN E S ( 9 )
MS M A G A Z I N E
N A B I S C O ' S D R O M E D A R Y OP ER
PETALUMA LTD
P R I N C E V I L L E D E V E L O P M E N T CO
RB I N D U S T R I E S I N C
R E D S T A R E X P R E S S L I N E S OF AU B URN I NC
RHEEM MFG C O 'S C O N T A IN E R D I V I S I O N
R O B IN TRANSPORT IN C
S A K O W IT Z IN C
SASSY
S BC T H E A T R E C O R P
SOLTE IN C
ST JOE GOLD CORP
TAU R U S P ETR OLEU M IN C
TNT E X P R E S S A IR
TNT M A IL F A S T
TN T SKYPACK
T O T A L A S S E T S P R O T E C T I O N INC
T R IA N G L E M IC R O W A V E IN C
T R I T O N E N E R G Y CORP
W E L D E D T U B E CO OF A M E R I C A
W E S T E R N WORLD S A M U E L C O M M U N I C A T I O N S
W E S T F I E L D I N T ' L IN C
W E S T R E N O HOMES JV
TS
CA
WA
PA
AZ
TX
WA
NY
CA
UT
CA
NY
OK
FL
FL
NY
CA
TX
WI
GA
CA
NY
GA
CA
OH
AL
CA
NE
CO
CA
NV
MA
MT
NV
GA
OR
HA
CA
NJ
IN
MI
TX
NV
MA
CA
MO
CO
NV
CA
MA
TX
NJ
TX
PA
CA
CA
CA
S IC
1521
4712
3634
451 1
6531
4226
531 1
531 1
5812
2721
7832
3713
8081
3693
7379
60
6552
2082
2631
7814
531 1
3312
3275
3949
3652
5093
5153
3272
5944
731 1
2834
1021
2721
2033
2084
1542
5713
4213
34 1 1
4213
5651
2721
7832
1542
1041
1311
451 1
451 1
451 1
7372
3679
1311
3317
7823
67 1 1
152 1
F O R E IG N
IN V E S T O R
J E N N IN G S I N T ' L LTD
TNT LTD
R E I L CORP
TNT LTD
E L D E R S F IN A N C E GROUP
TNT LTD
H E R S C U , GEORGE
H E R S C U , GEORGE
A C A D I A B A K I N G CO
P A C K E R , KERRY
HOYTS CORP. P T Y . L T D .
NATHANS LTD
R AM SEY, PAUL
NUCLEUS LTD
C O M P U T E R POWER C O R P
P R A T T GROUP
H A YS O N GROUP
BOND, ALAN
P RA TT H O L D IN G S PTY LTD
Q U IN T E X LTD
H E R S C U , GEORGE
HUMES LTO
JAMES H A R D IE IN D U S T R IE S LTD
A R IA D N E A U S T R A L IA LTD
QUATRO LT D
P EKO -W ALLSEND LTD
ELDERS IX L LTD
M O N IE R LTD
H E R S C U , GEORGE
M OJO MDA
F A U L D I N G , F H & CO L T D
U N ID E N T IF IE D A U S T R A L IA N IN V E S T O R S
F A I R F A X , W A R W IC K & F A M I L Y
B U R N S , P H I L I P & CO L T D
CLYDE IN D U S T R IE S LTD
Q U IN T E X LTD
YEA R PL ED G E L T D ET AL
TNT LTD
HOLMES A C O U R T . ROBERT
TNT LTD
H E R S C U , GE O R G E
F A I R F A X , W A R W IC K & F A M I L Y
HO YSTS CORP H O L D IN G S PTY LTD
JOHN HO LLA N D H O L D IN G S LTD
BOND, ALAN
C O R N IS H , B R IA N E . ET AL
TNT LTD
TNT LTD
TNT LTD
IN C O M E G R O UP L T D
A R IA D N E A U S T R A L IA LTD
VUNGHANNS. PETER N.
PALMER TUBE M I L L S LTD
J . C . W I L L I A M S O N F I L M MGMT
W E S T F IE L O H O L O IN G S LTD
A R IA D N E LTD
VALUE
TV
30 .0
1 6 .8
AM
El
AM
AM
3 1 .8
3 0 .0
3 0 .0
1 0 .0
1 2 0 0 .0
2 1 2 .0
3 3 .6
5 .0
2 5 .0
3 ,3
5 5 ,5
3 1 .0
0 .2
1 5 .0
58 .0
1 2 .0
1 0 .0
5 5 1 .0
0 .4
AM
AM
OT
OT
AM
OT
AM
AM
AM
AM
AM
AM
AM
AM
AM
OT
NP
NP
El
AM
AM
AM
JV
PE
OT
AM
AM
AM
AM
OT
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
AM
OT
OT
OT
6 .0
i .2
3 0 .3
1 .3
AM
AM
El
AM
AM
OT
JV
1987
FOREIGN OIRECT
NA
AS
AS
AU
AU
AU
AU
AU
AU
BO
BO
BO
BD
BE
BE
BE
BE
BE
BE
BE
BE
BE
BE
BE
BF
BR
BR
BR
BX
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
US F I R M
I NVESTMENTS,
COMPLETED,
BV COUNTRY
NAME
W O L V E R I N E W O R L D W ID E I N C
W O O D B IN E P E TR O L E U M IN C
BANNER I N D U S T R I E S IN C
ENERGV V EN T U R ES IN C
G A L V E S T O N - H O U S T O N CO I N C
G IR O Z E N T R A L E
O E S T E R R E IC H IS C H E BANK
PAR LU X FRAGRANCES IN C
A M E R IC A N P A C I F I C M IN T I N C , THE
BERKLEY NOBEL R IS K R E T .G P
PETROSURANCE
VALMOND IN D U S T R IE S IN C
0A N Q U E B R U X E L L E S LAMBERT
B E A U L I E U OF A M E R I C A
C O M P U T E R I O E N T I C S COR P
D E R M A - L O C K M E D I C A L CORP
DOWN E A S T P E A T P R O J E C T
E X P L O R A T I O N OF L O U I S I A N A I N C ' S P R O P S
FOOD L I O N IN C
H E R O U SA I N C
TV TR A VE L IN C
U . S . R E P E A T I N G ARMS CO
V A L E X P ETR OLEU M IN C
OXOCO IN C
HUOSON R IV E R C EN TE R
K IN D Y C H IL D R E N F U R N IT U R E
TE X A C O /P E T R O B R A S O IL VENTURE
BEVERLY H IL L S HOTEL
A B S O R P T IV E TECHNOLOGY IN C
ACTON C O R P 'S TV SYSTEMS
A FTE C H L E A S IN G IN C
A I M S B I O T E C H C OR P
APOLLO IN D U S T R IE S IN C .
A U T O M O T IV E S IN D S . IN C .
B E R R Y T R A N S P O R T A T I O N CO I N C
B IL T M O R E HO TEL
B IO T E C H N IC A A G R IC U L T U R A L IN C .
B L A N D I N P A P E R CO
BRAUN H O R T IC U L T U R E
B R I N K L E Y M O TO R P R O D U C T S CO
BROWN P H O T O CO
B U R L IN G T O N ' S D E N IM PLANT
CANRAO IN C
C A SC A D ES N IA G A R A F A L L S IN C
C H A M P L A IN P IP E L I N E P RO JECT
C H A N C E LLO R CORP
C IN E P L E X
C I N E P L E X - O D E N CORP
C IN E P L E X -O D E O N
C IN E P L E X -O D E O N
C IR C L E THEATRES
C IR O IN C .
COLORTECH IN C
C O M M E R C IA L P O IN T S H O P P IN G CEN TER
CORONET IN D U S T R IE S IN C
CUMBERLAND M IL L S IN C
TS
S IC
FO R E IG N
IN VE STO R
MI
TX
OH
TX
TX
NY
NY
NY
CA
TX
OH
NE
NY
AL
MA
CO
ME
LA
FL
GA
OH
CT
CO
TX
NY
NJ
LA
CA
OR
FL
TX
IL
OH
IN
NH
CA
KS
MN
NV
AR
MN
NC
NJ
NY
RI
MA
NC
NC
CA
FL
DC
NY
TN
FL
GA
GA
3142
1311
3532
1382
3533
62
621
5122
3356
63
67 1 1
3532
621
2281
3573
3842
491 1
131 1
541 1
5712
4724
3484
131 1
1311
* ** *
5999
1311
701 1
2879
4899
7394
7391
5013
3714
4151
701 1
287
2621
3496
3621
7395
221 1
3641
2631
4922
5081
7832
7832
7,813
7999
7832
5944
2821
♦* * *
2271
2272
M AL CO I N D U S T R I E S L T D
MOAGE L T D
S T E IN E R , JEFFREY J
S I D A W I , RAJA
S I D A W I ( RAJA
G IR O Z E N T R A L E V IE N N A
O E S T E R R E I C H I S C H E L A E N D E R B A N K AG
Z A F R I , E R V IN ET AL
FO RUM R E I N S U R A N C E CO L T O
B E R K L E Y COR P
FORUM R E I N S U R A N C E CO L T D
F ID E L IT Y IN T L LTD
BANQUE B R U X E L L E S LAMBERT
B E A U L I E U T U F T I N G NV
B E K A E R T NV SA
Z W I R N * EDG AR
S O C I E T E G E N E R A L E DE B E L G I Q U E SA
P E T R O F I N A SA
D E L H A I Z E L E L I O N GR OUP
HERO PVBA
W A G O N - L I T S SA
F A B R I Q U E N A T I O N A L S H E R S T A L SA
PARGESA
P H O E N I X V E N T U R E S SA
GO MES D E A L M E I D A , F E R N A N O E S E T A L
B A B Y L A N D IA M O V IS IN F A N T O J U V E N IS
B R A Z I L . G O V ' T OF
B R U N E I , S U L T A N OF
A B S O R P T IV E TECHNOLOGY
M OFFA T C O M M U N IC A T IO N S LTD
Z Y T E C COMPUTER L TD
A IM S B IO T E C H CORP
LEWO. J .
T A T E & L Y L E PLC
S C O T T S H O S P I T A L I T Y CO
FO U R S E A S O N S H O T E L S L T D
BRONFMAN F A M IL Y
B R O N F M A N . E DW ARD & P E T E R
BRAUN N U R SER Y L T D
ELECTROHOME LTD
S C O T T ' S H O S P IT A L IT Y IN C
D O M IN IO N T E X T IL E IN C
ARC I N T L
CASCADES IN C
NOVERCO IN C
BRUNCORP IN C
D R A B IN S K Y , GARTH ET AL
D R A B IN S K Y , GARTH ET AL
D R A B IN S K Y , GA R TH , ET AL
D R A B I N S K Y » G ARTH ET AL
D R A B IN S K Y » GARTH ET AL
G O L D , ABRAHAM E T . AL
COLORTECH IN C
M AR R E SS E f M IC H A E L
CORONET CARPETS IN C
SORELTEX IN T L
VAL U E
TY
6 .0
AM
0 .6
0 .9
AM
AM
AM
OT
OT
AM
AM
8 .3
AM
2 0 ,0
OT
NP
El
JV
El
.
.
.
El
AM
JV
2 .0
AM
OT
OT
AM
AM
2 .8
AM
6 4 .8
.
El
.
.
1 0 .0
2 0 0 .0
2 .0
2 .0
1 5 .0
2 9 .9
3 5 0 .0
0. 1
2 0 5 .0
2 0 .5
1 5 .0
RE
OT
JV
AM
PE
AM
AM
OT
El
NP
AM
AM
OT
PE
NP
AM
AM
AM
AM
PE
JV
6 .0
2 6 .0
2.2
3 .9
8 .0
El
OT
OT
OT
OT
AM
El
NP
RE
AM
AM
O
OO
1987 F O R E I G N D I R E C T I N V E S T M E N T S .
NA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
US
F IR M
COMPLETED,
BV COUNTRY
NAME
O A T A P R O T E K IN C
DAY IN T L CORP
D U P O N T D E N E M O U R S & CO E l
DUCON
E L E C T R O S O U N D G R O U P IN C
E N G IN E E R E D M A G N E T IC S IN C
F A R W E S T G O R E -T E X S P E C IA L T Y S H O P
F A R W E S T G O R E - T E X S P E C IA L T Y S H O P
F L O R ID A L I F E C A R E
F U N D S N E T IN C
G O LD S T A N D A R D IN C
G R A N D T R U N K W E S T E R N RR CO
H & W B L D G . P R O D U C T S IN C
H . H . R O B E R T S O N CO
H A N N A F O R D B R O T H E R S CO
H E A T H S IG N CO
H I - T E C H R O B O T IC S L T D
H IL L T O P G O LD P R O P E R T Y
H O L L A D A Y -T Y L E R P R IN T IN G CORP
H O L M E S T R A N S P O R T A T IO N IN C
H O U S E C R A F T IN D U S T R IE S
I N E T CO O F A M E R IC A
I N T E R L E U K I N - 2 IN C
IN T E R T A N IN C
IN T L M U L T I FO O DS CORP
J . M E R E D IT H B U S CO
JO H N L A B A T T FO O DS
K C R T E C H N O L O G Y IN C
K E N S IN G T O N G O L D P R O P E R T Y
K E T T L E R IV E R P R O J E C T
K IM P E X U S A L T D
K T I CORP
L . B . F O S T E R C O 'S A R C H . H A R D W A R D G R O U P
L A C A N A G O L D IN C
LA N G LEY CORP
L A T R O B E B R E W IN G CO
L U T H E R M E D IC A L P R O D U C T S IN C
M . A . H A N N A CO
M A C K A Y S P E C I A L T I E S A M E R IC A
M A N H A T T A N TO W ER
M A S T E R IM A G E S IN C
M O B IL O I L C O R P 'S P L A N T & P R O P E R T IE S
M O N R O E E N Q U IR E R J O U R N A L E T A L
N IA C H L O R
N IA G A R A H IL T O N
N O R T H F O L K P R O D U C T IO N S IN C
O A K M ANO R IN C
O W A TO N N A M FG CO IN C
P A U L D IN G E L E C T R IC A L P R D T S SUB
P E N T A IR I N C ' S M I L L
P I N E M ANO R IN C
PLUM CREEK
P O R C E L A IN I N D U S T R I E S I N C
P S I C O N V E Y IN G G R O U P S I N C
Q U A K E R TOW ER
Q U EEN S FARM S D A IR Y
TS
S IC
F O R E IG N
FL
OH
TX
NB
NY
CA
OR
WA
FL
NJ
UT
MI
MS
PA
ME
WA
NY
NV
MD
MA
VT
VA
VA
TX
MN
NJ
OR
CT
AK
WA
NV
TX
PA
NV
CA
PA
CA
OH
GA
FL
CA
MI
NC
NY
NY
CA
GA
MN
NC
MI
OH
AZ
TN
OR
IL
NY
3573
3069
2819
2048
3652
3629
561 1
5611
8051
7399
1041
41 1 1
5039
3444
541 1
3997
3679
1041
2752
4213
3914
7379
2831
5732
2041
4151
2032
3573
1041
1041
3751
3661
3442
1041
3728
2082
3841
101 1
2844
E R IN T E C C O R P
B R O N F M A N , P E T E R & EDW A RD E T A L
B R O N F M A N F A M IL Y
B R O N F M A N F A M IL Y
C IN R A M L T O
F L E E T A ER O SPA CE CORP
FA R W E ST IN D U S T R IE S
FA R W EST IN D U S T R IE S
C A R E N A P R O P E R T IE S IN C
N A T IO N A L B U S IN E S S S Y S T E M S I N C .
S A A D IE N t R A Y
C A N A D IA N N A T IO N A L R A IL W A Y S
R E D P A T H IN D U S T R I E S L T D
B E L Z B U R G F A M IL Y
S O B E Y F A M IL Y
P A T T IS O N , J IM
T R I-C A N D EV E LO P M E N TS LTD
B R O N F M A N , P E T E R & EDW ARD
J . S . A T K IN S O N E S T A T E
F I N G O L D , D A V ID & P A U L E T AL
H O U S E C R A F T IN D U S T R IE S
B E L L C A N A D A E N T E R P R IS E S IN C
M A N D A R IN C A P IT A L C O R P
U N IC O R P C O R P
B R EG M A N F A M IL Y E T A L
S C O T T S H O S P I T A L I T Y CO
JO H N L A B A T T L T D
M OORE C O R P L T D
E C H O B A Y M IN E S L T D
E C H O B A Y M IN E S L T D
S O U C Y , G IL L E S
A M E R IC A N T E L E C O M M U N IC A T IO N S C O R P
B E A C O N C A P IT A L C O R P
IN T E R N A T IO N A L COR ONA R E S O U R C E S L T D
F L E E T A E R O S P A C E CO
JO HN L A B A T T LTD
D A V IE S , FREO S
B R O N F M A N , EDW ARO & P E T E R
M A C K A Y S P E C IA L T I E S C A N AD A
C E N T R A L W E S T E R N H O L D IN G S L T D
B R O N FM A N F A M IL Y T R U S T S
B R O N FM A N F A M IL Y
T H O M S O N , K E N N E T H R & F A M IL Y
B R O N FM A N F A M IL Y
M A T O V IC , R A D O M IR
D R A B IN S K Y , G A R T H E T A L
O M N I H E A L T H CARE
V E R S A T IL E C O R P
HAMM OND M FG CO L T D
W E S T O N . GEORGE
O M N I H E A L T H CARE
B A N K O F N O VA S C O T IA
D E R L A N I N D U S T R IE S L T D
G R O U P E L A P E R R 1 E R E & V E R R E A U L T IN C
B C O E D E V E L O P M E N T S CO R P
JO H N L A B A T T L T D
3699
291 1
271 1
2819
701 1
7819
8051
3523
3643
2621
8051
****
3469
3535
****
2026
IN V E S T O R
VALUE
1 3 3 .* 6
.
0 .2
7 .5
.
.
.
.
1 .8
.
2 4 .0
1 .5
.
0 .’ 1
1 .3
.
.
4 2 .5
6 .6
.
2 4 .9
.
.
1 .2
1 0 .0
2 .5
2 .2
.
2.7
3 5 .0
1. 1
22. 1
3 .0
1 0 .0
.
.
2 0 0 .0
1 6 .6
8 .0
6 .5
4! 5
1 8 .5
.
.
TV
OT
AM
PE
JV
AM
AM
OT
OT
AM
AM
AM
OT
AM
El
El
AM
AM
JV
AM
AM
NP
JV
AM
AM
AM
AM
OT
El
JV
OT
NP
AM
AM
El
AM
AM
AM
El
NP
RE
AM
AM
AM
NP
AM
OT
AM
AM
OT
AM
AM
RE
AM
AM
RE
AM
O
V©
1987
FOREIGN
NA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CH
CH
CH
DA
DA
DA
DA
DA
El
El
El
El
El
El
El
El
FI
FI
FI
DIRECT
US F IR M
INVESTM ENTS.
COMPLETED.
BV
COUNTRY
NAME
Q U I C K T O O L & M FG CO I N C
R E A D D . M . CO
R E D DOG M I N E
R I C H A R D S O N P O L Y M E R CORP
R O S E T T O FO O D S
R OU N D M O U N T A I N G O LD M I N E
R Y A N G R O UP
S C H O O L B U S CO
S C H O O L B U S CO
S C H O O L B U S CO
S C H O O L BU S COS ( 4 )
SHELBURNE HOTEL
S H E R M A N S U P E R S O N I C I N D U S T R I E S CORP
S H O P P IN G CENTER S ( 5 )
S IL V E R H I L L M IN E
S P E C IA L T Y M ETAL FA B R IC A T O R
S U N N Y S ID E PLAZA
T E A L CEDAR
TH R EE BUOYS HOUSEBOAT V A C A T IO N S
T R A V E L T IM E BUS L IN E S IN C
T R I A N G L E M A N U F A C T U R I N G CORP
T U S C A N D A I R Y FA R M S I N C
U N IC O R P ENERGY IN C
W A S T E R E M O V A L CO
W A S T E R E M O V A L C O M PA N Y
W A S T E R E M O V A L C O M PA N Y
W A S T E R E M O V A L COS ( 2 )
WATERLOO M IC R O S Y S T E M S IN C
WESTERN IN T L IN C
W H I R L P O O L ' S H E I L - Q U A K E R HOM E S Y S T E M S
W H I T E H A L L F I N A N C I A L G R O UP
W H IT T A R S T E E L S T R IP D I V I S I O N
W IL S O N -C O O K M E D IC A L IN C
W O R T H IN G T O N D A I L Y GLOBE
Y IP K O N CORP
ZACA PROPERTY
1 8 6 7 C O N F E D E R A T I O N OF LOG H OM ES
B R A D L E Y ' S V I E W FA N
C H IN A -U S L IA IS O N O F F / I N T ' L E N T E R P R IS E S
E S P R IT SYSTEM S IN C
B A U M FO LD ER CORP
CONCRETE B LD G S . CONCEPTS
I D E A L S P U B L I S H I N G CORP
ID E T E K IN C
MAERSK L IN E
ADAMS P RO D UC TS CO .
B IG R IV E R IN D S IN C
B O O R H E IM - F IE L D S IN C
H I CHEM D I A G O N I S T I C S IN C
K IN G ROAD M A T E R IA L S IN C
MASSTOCK IN T L
NC P R O D U C T S CO
T R A N S L I N K U SA I N C
CUE P A G IN G
D IV E R S IC O M N A T IO N W ID E P A G IN G
GERBER LEGENDARY B LADES IN C
TS
S IC
F O R E IG N
KY
CT
AK
CT
NV
NV
MI
PA
MA
NJ
DE
FL
NY
UN
NC
3544
531 1
1031
3079
2038
1041
4213
4151
4151
4151
4 1 51
701 1
3589
• * * *
1044
3339
** * *
2429
4459
4151
3949
2026
4924
4953
4953
4953
4953
7372
3523
3585
671 1
3316
3841
27 1 1
5084
1041
5031
5199
961 1
3672
3554
3271
273 1
7391
4463
3271
3295
1442
2 8 19
295 1
0241
3251
4782
3663
3662
3421
MAGNA I N T L I N C
CAMPEAU, ROBERT
C A N A D IA N P A C I F I C LTD
C A N A D A , G O VT OF
JO H N L A B A T T L T D
E CHO B AY M I N E S L T D
C ANADA T R A N S P O R T GR OUP
DEG RO O TE, M IC H A E L G .
DEGROOTE. M IC H A E L G .
DEGROOTE, M IC H A E L G.
DEGROOTE, M IC H A E L G.
EMERALD I N T ' L IN V E S T M E N T S IN C
SH E R M A N S U P E R S O N I C I N D U S T R I E S CORP
C A M P EA U CORP
N I A G A R A C A P I T A L CORP
DERLAN IN D U S T R IE S LTD
GR EYM OR D E V E L O P M E N T
T E A L CEDAR P RO DUCTS 1 9 7 7 LTD
THREE BUOYS HOUSEBOAT V A C A T IO N S
L A ID L A W T R A N S P O R T A T IO N LTD
S T L A W R E N C E MFG C A N AD A I N C
JOHN LA B A TT LTD
M A N N , GE OR GE S .
DEGROOTE, M IC H A E L G.
DEGROOTE, M IC H A E L G .
DEG ROOTE, M IC H A E L G .
DEGROOTE. M IC H A E L G.
CROWNX I N C
NOMA I N D U S T R I E S L T D
I N T E R - C I T Y GAS CORP
DEGUNZBURG F A M IL Y
DOFASCO IN C
W IL S O N -C O O K M E D IC A L IN C
THOMSON, KENNETH R & F A M IL Y
SHL SYSTEM HOUSE
C A L I F O R N I A GOLD M IN E S LTD
1 8 6 7 C O N F E D E R A T I O N OF LOG HOM ES
P E O P L E S ' R E P U B L I C OF C H I N A , G O V ' T OF
P E O P L E S R E P U B L I C OF C H I N A , G O V ' T OF
A D V A N C E D D A T U M I N F O R M A T I O N CORP
D E T 0 S T A S I A T I S K E K O M P A G H I AS
DEDANSK S U K K E R F A B R IK K E R A / S
GUTENBERGHUS BLADENE A /S
N OVO I N D U S T R I A / S
A . P . M O E L L E R G R O UP
C E M E N T -R O A D S T O N E H O L D IN G S PLC
CEM ENT ROADSTONE H O L D IN G S PLC
C E M E N T - ROADSTONE H O L D IN G S LTD
ELAN CORP PLC
C E M E N T -R O A D STO N E H O L D IN G S L T D
MASSTOCK I N T L
C EM E N T -R O A D S T O N E H O L D IN G S PLC
I R I S H M A IN P O R T H O L D IN G S
N O K IA CORP
N O K I A OY AB
F I S K A R S OY AB
OR
WA
OK
MA
NC
NJ
OH
MI
TX
TN
OH
GA
I A
TN
NY
MI
NC
MN
NJ
NV
TN
IL
OK
NY
OH
NC
WI
CA
CA
NC
LA
TX
CA
NY
GA
NC
NY
CA
CA
OR
IN V E S T O R
VALUE
1 .0
^ 0 .0
7 0 .0
6 .4
2 0 0 .0
1 .3
0. 1
7 .5
1 7 6 .0
1 5 .0
3 3 .0
5 .5
1 2 .0
3 .3
22
TV
AM
AM
JV
AM
AM
OT
AM
AM
AM
AM
AM
AM
NP
RE
OT
AM
RE
NP
OT
AM
AM
AM
OT
AM
AM
AM
AM
OT
AM
AM
AM
AM
NP
AM
AM
OT
OT
JV
OT
El
AM
NP
1987 F O R E I G N D I R E C T
NA
FI
FI
FI
FI
FI
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
US
F IR M
IN VE S T M E N T S ,
C O M P L E T E D , BY
COUNTRY
N AME
H O B A R T /M C IN T O S H
PAR TEK CORP
PASSAM AQU ODDV HOMES J V
S I S U U SA
U N I O N T E X A S P E T R O L E U M / N E S T E OV V E N T U R E
A E R O S P A T IA L E
A I R C R U I S E R S CO
A IR FRANCE
A IR VEN T IN C
ALCATEL
ALSTHOM IN C .
A R R O W H E A D D R I N K I N G W A T E R CO
BENETEAU
BRYCO IN C
B U R E A U V E R I T A S C O N T A I N E R S E R V I C E COR P
C IL A S ALCATEL
COMSTOCK GROUP IN C
C O N S U M E R S W A T E R CO
C O R H A R T R E F R A C T O R I E S C OR P
COUNTRY E P IC U R E IN C
D A I S Y F R E S H CORP
D E C I S I O N I N D U S T R I E S CORP
DECRATREND P A IN T S
D R E S S E L 'S B A K E R IE S
FO R EST O I L C O R P 'S WELLS
GC A C O R P
G E 'S CONSUMER E L E C T R O N IC S D I V
G E 'S HVDC U N IT
HDM W O R L D W I D E
HERMES
HONEYW ELL IN F O R M A T IO N SYSTEMS
HONEYW ELL IN F O R M A T IO N SYSTEMS
H OW MET T U R B I N E P R O D U C T
I B F - B I O T E C H N I C S U SA
I N D I K O N CORP
J A C Q U E L IN COCHRAN
K E T C H U M & CO I N C
L A M B E R E T USA
LAND
LAND ( 6 9 AVRESO
LOE W E
L OE W E
MANEUROP IN C
M A R T E L L . J & F D I F F U S I O N USA
M I L W A U K E E MACK S A L E S I N C
N A F -N A F
NORWOOD D I V OF L . B . F O S T E R CO
OHMTEK IN C
O T I S E R V IC E S IN C
PAREX IN C
P R E M IE R E
P U B L IC IS
Q U A R T Z P R O D U C T S C ORP
R H O N E-PO ULEN C
R I F F E P E T R O L E U M CO
R O D IE R P A R IS
TS
S IC
FO R E IG N
IL
CA
ME
TX
ND
FL
NJ
PA
IL
FL
LA
CA
SC
TX
NJ
MA
CT
ME
KY
NY
CA
PA
CA
IL
TX
MA
IN
PA
NY
NY
MN
IL
TN
UN
MA
NV
CT
CO
CT
5111
5053
1521
5088
1311
3699
3069
45 1 1
3564
5065
3721
5149
3732
3273
4789
5063
1731
4941
3297
2051
2022
3573
2851
2038
AMER G R O U P L T D
P A R T E K AB OY
M A K R O T A L O OY
S I S U A U T O AB
F I N L A N D , G O V ' T OF
F R A N C E , G O V T OF
Z O D IA C IS S Y LES M O U L IN E A U X
F R A N C E , G O V ' T OF
F R A N C E , G O V T OF
F R A N C E , G O V T OF
F R A N C E , G O V T . OF
S O U R C E P E R R I E R SA
B ENETEAU F A M IL Y
LA F A R G E CO P PE E GROUP
BUREAU V E R IT A S
F R A N C E , G O V T OF
S P I E B A G N A T O L L E S SA
F R A N C E , G O V ' T OF
F R A N C E , G O V T OF
V IL G R A IN F A M IL Y
SOURCE P E R R IE R
E CO N OC OM I N T L NV
F R A N C E , G O V T OF
I N S T DE D E V E L O P IN D U S T R I E S A G R IC O L E S
F R A N C E , G O V ' T OF
F R A N C E , G O V T OF
F R A N C E , G O V T OF
C IE GENERALE D ' E L E C T R IC IT E
EURO CO M S A / D E N T S U CO
J E A N - L O U IS D U M A S -H ER M ES F A M IL Y
F R A N C E , G O V T OF
F R A N C E , G O V T OF
F R A N C E , G O V T OF
F R A N C E , G O V T OF
M E T R A V IB IN S T R U M E N T S IN C
F R A N C E , G O V T OF
OFC C O M M E R C I A L P H A R M A C E U T I C A L SA
L A M B E R E T F R E R E S E T C I E SA
F L I C H Y , GUY F . E T A L
C A R R E F O U R SA
V U IT T O N , L O U IS
V U IT T O N , L O U IS
G E N E R A L E DE F O N D E R I E SA
MARTELL F A M IL Y
F R A N C E , G O V T OF
IN F L U E N C E -P O K N A F -N A F
C O G I F E R SA
S F E R N I C E SA
ECC O SA
L A F A R G E C O P P E E SA
F 1 L I P A C C H I , D A N IE L
P U B L I C I S GR O UP. THE
F R A N C E , G O V T OF
F R A N C E , G O V T OF
F R A N C E t G O V ' T OF
P R O U V O S T SA
NV
NV
CA
GA
NY
WI
NY
OH
NY
NV
GA
NV
NV
KV
NC
TX
NV
3559
365 1
3573
731 1
5948
7372
7372
351 \
7391
3824
2644
5122
3713
* ** *
* * **
5948
5948
3563
5948
5012
5699
3462
3676
7362
3299
2721
731 1
2 8 19
5161
2951
561 1
IN V E S T O R
VALUE
7 0 .0
2 5 0 .0
3 .5
20. 5
1 6 .0
2 .0
1 5 .3
8 0 0 .0
5 2 7 .0
s !o
4 .3
2 .5
1 8 .0
TY
AM
OT
JV
OT
JV
PE
AM
OT
AM
OT
NP
AM
NP
AM
OT
NP
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
JV
PE
OT
OT
NP
NP
AM
AM
AM
NP
RE
RE
OT
OT
OT
OT
PE
OT
AM
AM
AM
1 2 .0
NP
JV
OT
NP
OT
42 . 0
AM
OT
1987 FO RE I G N D I R E C T IN VESTMENTS.
NA
BY CO UNTRY
NAME
R O D IE R P A R IS
S A N T A ROSA S E W I N G S H O P S ' A S S E T S
SEAFOOD B R O IL E R R ES TA URANT
S P E C I A L M E T A L S CORP
S TEV E N S /S O M M E R
S U N N V M E A D R A N CH
S U N S H I N E W A TE R CO
T A R L A 2 Z I STORE
T E C H N IC A L COMPONENTS IN C
TEXA S IN T E R N A T IO N A L C O 'S O IL /G A S ASSETS
T I R E S Y S T E M S / B I L L Y BOVS I N C
TO T A L PETROLEUM (N O R T H A M E R IC A ) LTD
T R W ' S C IN C H CONNECTORS
T R W ' S MOTOR D I V
V I E DE F R A N C E CORP
W . J . S E R V IC E S
WADELL E Q U I P ' S A IR C R A F T D IV
ZEPHY*R H I L L S
A & P FU TUR E STORES
ABS PUMPS IN C
ADO CORP
A M M E R S E E ON T H E C H A T T A H O O C H I E
B A H L S E N OF A M E R I C A I N C
BASF (C H E M IC A L D I V )
B I S C H O F & K L E I N USA I N C
BMG
BMW OF N . A M E R I C A
BOTTCHER & GESSNER
BU D O CO
CALAV SYSTEMS IN C
C A L C O M P 'S SYSTEM S D I V
C A P R I SUN
C E L A N E S E CORP
C E L G E N E CORP
C L O R O X CO
CYRO I N D U S T R I E S
DATA CARD CORP
OEGUSSA CORP
DELMEO IN C
DENKA C H E M IC A L CORP
D Y N A M IT NOBEL C H E M IC A L S
E C O L A B ' S W O R LD W ID E CONSUMER P R D T S D I V
E IC H H O F F
ERNST PAUL LEHMANN
E X T R U S IO N E Q U IP M E N T CORP
F I C H T N E R - WANTECH
F O C K E & CO
G E N C O R P ' S G E N E R A L T I R E & R U B B E R CO
G E R M A N R A IL
HAHL F IL A M E N T S IN C
H E N D R IX TRACTS
H E N K E L R E S E A R C H CORP
H ES S SHOES
H E V E A M E R IC A
H I L L C R ^ T CENTRE
H O E C H S T C E L A N E S E CORP
TS
S IC
FO R E IG N
IN V E S T O R
NJ
CA
CA
NV
SC
CA
FL
NY
RI
TX
CA
CO
AR
AL
VA
NY
NJ
FL
NY
CT
SC
GA
NC
MI
GA
SC
GA
NC
KY
CA
CA
CA
NY
NJ
CA
AK
MN
AL
NJ
TX
AL
MN
RI
CA
KS
GA
NC
OH
GA
SC
KY
CA
MD
IN
CA
NJ
5621
3161
5813
3341
2271
* ** *
5149
5621
3679
1311
5531
291 1
3679
3519
2051
4459
3541
2086
541 1
5084
2221
* * ♦*
2052
2824
3079
5081
5012
5084
3465
3573
3577
2033
2869
7391
2842
2869
3662
2819
3842
2821
2819
2841
5065
5042
3452
4953
3559
301 1
401 1
5065
1211
7391
5661
3221
****
5161
P R O U V O S T SA
V U IT T O N . L O U IS
ACCOR SA
AUBERT a DUVAL
SOMMER A L L I B E R T SA
L E S N O U V E A U X C O N S T R U C T E U R S SA
S O U R C E P E R R I E R SA
A N G E L O T A R L A Z Z I SA
F R A N C E , G O V T OF
F R A N C E , G O V ' T OF
M I C H E L I N TY RE PLC
F R A N C E , G O V ' T OF
P R E C I S I O N M E C A N I Q U E L A B I N A L SA
P R E C I S I O N M E C A N I Q U E L A B I N A L SA
V IL G R A IN F A M IL Y
WORMS S E R V I C E S M E R I T I M E S
A U X I L E C SA
SOURCE P E R R IE R
TENGELMANN F A M IL Y
A B S P U M P E N GMBH
W ULF, HUBERT
TH Y S S E N R H E IN S T A H L T E C H N IK ET AL
BAHLSEN F A M IL Y
B A S F AG
B I S C H O F UNO K L E I N GMBH & CO
MOHN, R E IN H A R D
B A Y E R I S C H E M O T O R E N WE RKE AG
S T E I N B E I S & C O N S O R T E N GMBH E T A L
T H Y S S E N AG
A G IV
I S I-C A D
W I L D CO
H O E C H S T AG
H O E C H S T AG
H E N K E L KGAA
ROHM GMBH C H E M I S C H E F A B R I K
QUANDT, HERBERT F A M IL Y
D E G U S S A AG
F R E S E N I U S AG
B A Y E R AG
F E D M U H L E , N O B L E AG
J O H A B E N C K I S E R GMBH
G E B R . E IC K H O F F M ASCH.
L E H M A N N P A T E N T W E R K E EP
F R I E D T H E Y S O H N M A S C H I N E N B A U GMBH
F I C H T N E R B E R A T E N D E I N G E N . GMBH & CO KG
F O C K E & CO GMBH
C O N T I N E N T A L G U M M I W E R K E AG
W E S T G E R M A N Y , G O V ' T OF
E R W I N H A H L GMBH
V E B A AG
H EN K E L KFAA
GORTZ F A M IL Y
HERMAN H E V E
P U L T U S K IE R , JOSEPH
HOECHST A G
VALUE
TV
OT
72
AM
PE
AM
JV
1 20
3
30
7
14
4
100
2850
174
1
242
625
RE
AM
OT
AM
AM
AM
El
AM
AM
El
OT
AM
AM
OT
PE
PE
RE
NP
NP
NP
OT
OT
OT
NP
AM
AM
NP
AM
NP
El
JV
AM
PE
AM
AM
PE
AM
OT
OT
NP
JV
NP
AM
OT
OT
AM
OT
OT
JV
RE
OT
1 12
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
FR
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
US F I R M
COMPLETED,
1987 F O R E I G N D I R E C T
INVESTMENTS.
COMPLETED,
NA
US
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
GE
HA
HK
HK
HK
HK
HK
HK
HK
HK
HK
HK
HK
ID
IN
IS
IS
IS
HU LS A M E R IC A IN C
IM P A C T P L A S T IC S
KLOCKNER C O N TR A C T P A C K A G IN G
KNAUF F IB E R G L A S S
K U R IS H IG H TECH SYSTEM S LTD
LAKE PADRE D EV E LO P M E N T
LANGGUTH
LETRON
L I N O T Y P E CO
LUFTHANSA
LYNWOOD P L A Z A
M A L L I N C K R O O T S ' F LO W C O P R O D U C T S D I V
M A T R I X CORP
M E R E O IT H /B U R D A CORP
M I C H A E L CROMER L T D (M C M )
M IC R O P A C IN D U S T R IE S IN C
M I D - L O U I S I A N A G A S CO
M OB A Y C O R P
NCC I N D U S T R I E S I N C
O C C I D E N T I A L ' S PROCESS C H E M IC A L D I V
P A R K E R C H E M I C A L CO
PO R TLA N D F R E IG H T L IN E R IN C
P R O C E S S C H E M . D I V . OF D I A M O N D S HAM ROCK
RHODE & SCHWARZ IN C
ROHM & H A A S ' S E E D B U S .
ROUSSEL U C LA FF H O L D IN G S
SAFEW AY D I V . E L PASO
SARSTEDT IN C
SCHARMANN M A C H IN E TOO L CORP
S IE M E N S
STO I N D U S T R I E S IN C
S UN D S TR A N D -S A U E R
TE C H -H A U S IN C
TERMASCAN IN C
U N IO N S T A T IO N APTS
W A LD B A U M I N C
W E S T M O R E L A N D C O A L CO
W H IT N O N M A C H IN E S P IN D L E
WY R OU GH & L A S E R I N C
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
A1C PHOTO IN C
A P A .R TM E N T B L D G
BEVERLY W IL S H IR E HOTEL
F O R S T M A N N & CO
I N G E R S O L L - R A N D F I N A N C I A L CORP
M A R IN E M ID L A N D BANKS IN C
M U L H O L L A N D E S T A T E S D EV
M U L T I-U S E PROJECT
PLAYM ATE TOYS
R E T A IL CENTER
6 1 1 M O N T G O M E R Y ST
BA N K OF H O N O L U L U
SHYAM A HUJA
C A R I B B E A N G U L F R E F I N I N G CORP
G B I IN T L IN D U S T R IE S IN C
Z I M A M E R I C A N - I S R A E L S H I P P I N G CO
F IR M
*
BV C O U N T R Y
NAME
TS
S IC
F O R E IG N
NJ
NC
VA
AL
GA
TX
NJ
SC
NY
VA
VA
OH
NY
NC
GA
TX
LA
OH
NY
NJ
MI
OR
NJ
MD
PA
NJ
NM
NC
IL
NJ
GA
IL
NE
NY
GA
NY
PA
CT
NJ
NY
NY
CA
CA
GA
NJ
NY
CA
CA
CA
TX
CA
HA
NY
PR
NY
FL
5161
3079
2655
3296
5084
****
2641
2435
3555
451 1
*** *
2821
3573
2751
5631
3679
4922
2821
2342
2891
2899
5599
2069
3825
0191
5161
541 1
5122
3541
3679
2851
3568
1542
3841
** * *
541 1
121 1
3429
5161
441 1
5043
• ***
701 1
221 1
61
60
• * *#
* #**
3944
V E B A AG
R O E C H L I N G H A R E N KG
K L O E C K N E R - W E R K E AG
KNAUF F IB E R G L A S S
K U R I S H I G H T E C H S Y S T E M S GMBH
U N I D E N T I F I E D IN V E S T O R S
L A N G G U T H GMBH & CO
L E T R O N GMBH
C O M M E R Z B A N K AG
F E D E R A L R E P OF G E R M A N Y t G O V ' T OF
S I E M A N S AG
H E N K E L KGAA
B A Y E R AG
B U R D A GMBH
M I C H A E L CROMER L T D
H E M P E L , F . W.
B A S F AG
B A Y E R AG
S P IE S S H O F E R , GUENTHER
H E N K E L GMBH
H E N K E L KGAA
D A I M L E R - B E N Z AG
H E N K E L KGAA AG
R H O D E & SC H W A R Z GMBH & CO KG
KWS K L E I N W A N Z E B E N E R S A A T Z U C H T AG
H O E C H S T AG
A S K O D E U T S C H E K A U F H A U S AG
SARSTEDT IN C
J . M . V O I T H GMBH
S I E M E N S AG
S T O T M E I S T E R GMBH
S A U E R G E T R I E B E AG
GER MA N I N V E S T O R S
O E T L E V , B A U R S -K R EY
GERMAN IN V E S T O R S
TENGELMANN F A M IL Y
V E B A AG
GMN GE O R G M U L L E R N U R EM B ER G AG
B A Y E R AG
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
MAXWELL E L E C T R O N IC S L TD
HOPEW ELL H O L D IN G S
REGENT HOTELS
K U A N G - P I U * CHAO
H O N G K O NG S H A N G H A I B A N K I N G CORP
H O N G K O NG S H A N G H A I B A N K I N G CORP
U N I D E N T I F I E D IN V E S T O R S
CH A N t LA W R E N C E E T AL
PLAYMATE TOYS
U N I D E N T I F I E D IN V E S T O R S
U N ID E N T I F IE D IN VE ST O R
S U K A M T O . SUK A R M AN
S HY A M A H U J A L T O
Z E E V I , GAD
L A P S K E R , IT Z C H A K
I S R A E L , G O V ' T OF
** * *
60
5713
29 1 1
3545
441 1
IN V E S T O R
VALUE
1 0 .4
5 0 .0
0 .5
2 .0
2 8 .0
9 .5
.
22. 1
3 .0
8 0 .0
.
0. 1
.
.
.
5 .0
1 0 .0
9 .0
0 .6
8 .9
149 . 2
28. 1
1 5 .0
12 9 .0
7 5 6 .0
200 . 0
0 .9
7 5 .0
6 .6
2 .5
100 .0
TY
OT
AM
NP
NP
OT
RE
OT
NP
AM
OT
RE
AM
AM
NP
OT
AM
AM
PE
El
AM
AM
OT
AM
NP
AM
NP
AM
OT
NP
OT
NP
JV
AM
AM
RE
AM
El
AM
AM
OT
El
RE
AM
AM
AM
El
RE
RE
NP
RE
RE
AM
OT
AM
AM
OT
987 F O RE IG N DI RE CT
NA
COMPLETED,
BV COUNTRY
NAME
ACMA U SA I N C
AERO S E R V IC E S IN T E R N A T IO N A L IN C
A M E R I C A N I T A L I A N P A S T A CO
ARCO R & D I N S T I T U T E
A R M A N I, G IO R G IO
AUGUSTA A V IA T IO N CORP.
B A S IL E B O U T IQ U E
B A Y L Y , M A R T I N & FA V
BGM D I A M O N D T O O L S I N C
B IC E RESTAURANT
B O T T E R O U SA CORP
C E N T R A L SOYA CORP
D E L L E V E D O V E USA I N C
F R E T T E USA
G I V I D I GLASS FA B R IC S D I V I S I O N
H A N N A I N S T R U M E N T S OF A M E R I C A
H E S S T O N CORP
H IM O N T IN C
I N N O V A T IV E S IL IC O N TECHNOLOGY
NEW E N G L A N D M I L L I N G CO
PASTA VO N I RESTAURANT
PEREGO PRODUCTS
P H A R M E T R I X CORP
PLANT CELL RESEARCH IN T L
R A I CORP
R A N G O N I OF F R A N C E
R E P U B L IC P L A S T IC S
S A I N T L A U R E N T - R I V E GAUCHE
SOMET IN C
S T E U A R T P E T R O L E U M CO
T E C H N O G E N E T IC S IN C
T E K S ID A L U M IN U M FOUNDRY IN C
U N IG E N IN C
V A L L E Y N A T I O N A L BANK
V I T A L I A N CORP
W E S T W I N D B U S I N E S S PARK
(IX I:Z )
A T & E CORP
A A P S T M A R Y S CORP
ACME I N K & P R I N T I N G
ADVANCE A U T O M A T IC V E N D IN G IN C
A D V A N C E D C O M P O S I T E M A T E R I A L S CORP
A K A S H I C M E M O R I E S CORP
A L G O N Q U IN HO TE L
A L L E N -B R A D L E Y TDK M A G N E T IC S C O R P .
A L P I N E E L E C T R O N I C S M FG OF A M E R . I N C
A L P S E L E C T R I C CO
A M A D A E N G I N E E R I N G & S E R V I C E CO
A MANO A M E R I C A M FG I N C
AMDAHL CORP
A M E R IC A N I N D U S T R I A L M FG. S V C S .
A M E R I C A N I S U Z U M O TO R S I N C .
A M E R I C A N T O K Y O K A S E I KOGYO
A M E R I C A N Y A Z A K I COR P U SA
A M E R I C A S TO W E R S
A M O C O /J A P E X O I L E X P L O R A T IO N V ENTUR E
TS
SIC
FORE IG N INVESTOR
NC
NJ
MO
CA
CA
PA
NY
TX
NC
NV
NC
IN
NC
NY
MA
RI
KS
DE
CA
MA
MA
IN
CA
CA
NY
SC
MI
NY
SC
DC
NY
TN
MI
CA
MD
CA
CA
CA
OH
IL
OR
SC
CA
NY
OK
IN
CA
IL
CA
CA
CA
MD
OR
TN
NY
LA
3551
4582
2098
7391
561 1
5088
5621
63
5084
5 8 12
5084
2048
5084
5719
2221
3822
3523
2821
3674
204 1
5812
3944
7391
7391
4833
5661
2821
5621
5084
5171
5122
3714
2869
60
7391
* * * *
5611
3661
3714
2893
5962
2819
3679
701 1
3264
3651
3573
5084
3579
3573
3694
5012
7392
3679
* ***
131 1
G . D . S PA
A T T A R , D IB O
S P IG A D O R O -P E T R IN I F A M IL Y
F E R R U Z Z I G R O UP
A R M A N I, G IO R G IO
E F IM
B A S IL E HOUSE
N IK O L S GROUP
Z . B A V E L L O N I S PA
B IC E RESTAURANT
BO TTER O SPA
F E R R U Z Z I GROUP
VEDOVE F A M IL Y
MOSCA, V IT T O R IO F A M IL Y
G IV ID I S .A .P .A . & T E X -IM P IA N T I
H A N NA I N S T R U M E N T S
A G N E L L I F A M IL Y
F E R R U Z Z I GRO UP
I T A L Y , G O V T OF
I T A L G R A N I SPA
PASTAVONI
PEREGO PRODUCTS
R E C O R D A T I S PA
F E R R U Z Z I GR O UP
I T A L Y , G O V ' T OF
RANGONI
F E R R U Z Z I G R O UP
D E B E N E D E T T I, CARLO
S OM ET
I T A L Y , G O V ' T OF
R E C O R D A T I S PA
A G N E L L I F A M IL Y
F E R R U Z Z I G R O UP
I N S T I T U T O B A N C A R I O SAN P A O L O
F E R R U Z Z I G R O UP
B O N D I . G E O R G IO
D ' URBAN
H A T T O R I S E I K O CO L T D E T A L
H I T A C H I M E T A L S CORP
SAKATA S H O K A I LTD
F U J I V E N D IN G LTD
T A T E H O C H E M I C A L I N D S . CO L T D
KUBOTA LTD
A O K I CORP
TDK CORP.
A L P S E L E C T R I C CO L T D
A L P S E L E C T R I C CO L T D
AMADA CO L T D
A MANO C O R P
F U J I E L E C T R I C CO L T D
T O Y O T A MOTOR CO L T D
IS U Z U MOTORS L T D .
T O K Y O K A S E I KOG YO CO L T D
Y A Z A K I CORP
KUMAGAI GUMI
J A P A N , G O V ' T OF
VALUE
TY
AM
2 6 .0
1 2 .0
3 .7
3 6 0 .0
0 .3
SPA
0 .7
.
1 4 9 0 .0
•
3 .0
*
in
r-~
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
IT
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
US F I R M
INVESTMENTS.
.
1. 1
5 .8
1 3 .0
4 6 .7
1 9 .0
2 0 .0
0 .6
2 5 .0
1 5 .0
2 9 .0
3 .9
1 4 .3
9 .3
1 4 .3
El
JV
AM
OT
NP
OT
AM
OT
OT
OT
AM
OT
OT
AM
NP
El
El
0T
EI
OT
NP
AM
OT
OT
AM
OT
OT
AM
AM
JV
AM
AM
JV
RE
OT
AM
NP
AM
AM
AM
AM
AM
JV
PE
NP
OT
PE
EI
NP
PE
NP
OT
RE
JV
1987 F O R E I G N D I R E C T IN VE ST M E N T S ,
CO M P L E T E D .
BY C O U N T R Y
NA
U S F IR M
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
A M T E X IN C
A P A R TM E N T BLDG
A R V IN S A N G O C O .
A S A H I B R E W E R IE S U S A IN C
ASAHI CO.
A SM O M FG IN C
A S S O C . M F G . & IN D U S T . C O N S T R . SVC S
A T & T /K D D V E N T U R E
A T C IN C
A V E N T IN E
AVO NDALE CENTER
B A B C O C K IN D U S T R IE S I N C ' S P L A N T
BAKER S M I THERM AL SYSTEM S
B A N D O M F G . O F A M E R IC A
B A N K O F P A L M S P R IN G S
B ANYAN GO LF CLUB
B E L O IT CORP
B E N D IX J ID O S H A K I K I
B E R N A R D E P P S & CO
B E S T A M E R IC A N R E A L T Y GP
B E S T F L E X IN C
B IO P R O D U C T S IN C
B O N O E D M A C H IN E C O 'S P L A N T
B O R G W A R N E R ' S B Y R O N J A C K S O N PUM P D I V
BREAD BROTHERS IN C .
C . IT O H & C O . A M E R IC A
C A L IF O R N IA B A N K B L D G
C A L S O N IC M F G . C O R P .
CA LU SA C O UNTRY CLUB
CAM ELBACK ESPLA N AD E
CA R S T E A M S H IP IN C
C A S IO IN C
C B S R E C O R D S G R O UP
C E N T U R Y T U B E CORP
C H E V R O N U SA I N C / N I P P O N O I L CO V E N T U R E
C H IC A G O -T O K Y O B A NK
C H U B U T R A D IN G
C l S P E C IA L C H E M IC A L S I N C .
C l Y O K O Y A M A IN C
C IP H E R D A T A P R O T S I N C ' S P L A N T
C I T I C O R P B LD G
C I T I Z E N S Y S T E M S IN C
CME C O R P
C O C A -C O L A B O T T L IN G OF N . NEW E N G L A N D IN C
C O C O N U T IS L A N D
C O N D O M IN IU M B L D G
C O N D O M IN IU M O E V
C O R N /P O K K A
CO X C R E E K R E F IN I N G CO
C S T C O M M U N IC A T IO N S IN C
C U R T IS M A R U V A S U A M E R IC A IN C
D A IH A T S U A M E R IC A
D A IT O S H O J I CO
D A LLA S MARKET CENTER
DANA C O M P U T E R IN C
D E N O N D I G I T A L IN D U S T R IE S L T D
NA M E
TS
S IC
F O R E IG N
OH
HA
IN
CA
GA
MI
VA
GU
TN
CA
IL
IN
CA
KY
CA
HA
WI
TN
CA
AZ
PA
OR
OH
NC
HA
IN
CA
TN
FL
AZ
NY
NJ
NV
AR
CA
MI
KY
NY
CA
CA
NV
CA
Ml
ME
HA
HA
HA
CA
MD
CA
KY
CA
OR
TX
CA
GA
2271
H A Y A S H I T E L E M P U CO L T D
T O K A I U N IV E R S IT Y
SANGO C O . L T D .
A S A H I B R E W E R IE S L T D
N IP P O N R U B B E R C O . L T D .
T O Y O T A M O TO R C O R P
N IS S H O 1WA C O RP
K O K U S A I D E N S H IN DENW A CO L T D
U B E IN D U S T R I E S L T D E T A L
S H I M I Z U C O N S T R U C T IO N CO L T D E T A L
U N I D E N T I F I E D IN V E S T O R
K O K O K U S T E E L W IR E L T D
S U M IT O M O M E T A L I N D U S T R I E S L T D
B A N D O C H E M IC A L I N D S . L T D
M I T S U B I S H I B AN K L T D
NAKANO CORP
M IT S U B IS H I H EA V Y IN D . L TD
J ID O S H A K I K I CO L T D
K A W A SA K I S T E E L CORP
T A I Y O R E A L E S T A T E CO L T D
T O F L E IN C
M I T S U I & CO L T D
D A IF U K U CO L T D
OKUM A M A C H IN E R Y W ORKS L T D
ROYAL C O . L T D .
C . IT O H & C O . L T D .
T O S H IU C O R P
N IS S A N M OTOR C O . L T D .
N IC H O N KOWA CO
S H IM IZ U LAND CORP
K A W A S A K I K IS E N K A IS H A L T D
C A S IO C O M P U TE R CO L T D
SONY CORP
D A IW A S T E E L T U B E IN D U S T R IE S CO L T D
N IP P O N O I L CO L T D
BANK OF TOKYO
CHUBU IN O S . C O . LTD
C . IT O H & C O . L T D
YO KO YA M A E L E C T R IC W O R K S /C IT O H CO
A L P S E L E C T R IC CO L T D
D A I - I C H I M U T U A L L . I . CO
C I T I Z E N W A TC H CO L T D
M IT S U B A E L E C T R IC MFG CO
K I R I N B R EW ER Y CO L T D
K A W A G U C H I. K A T S U H IR O
N A G A S A K I LU C K Y S H O J I CO L T D
O H B A Y A S H I CORP
POKKA CORP
M I T S U B I S H I M E T A L CORP
C IT O H /S U N T O R Y L T D /T O K Y O BROADWAY
M A R U V A SU IN D U S T R IE S CO L T O
T O Y O T A MOTOR C O . L T D .
D A IT O S H O J I CO L T D
D A I- IC H I MUTUAL L . I . C .
KU B O TA L T O
H IT A C H I LTO
3714
2082
5661
3694
7392
4811
2821
**» *
****
3315
3317
3714
60
****
3551
3714
5051
6531
3498
2047
3531
5084
5812
7392
• ***
3714
* +**
***♦
4463
3573
3652
3317
131 1
60
5812
5161
5043
3622
*» •*
3661
3714
2086
****
***♦
2099
3331
7812
3069
5012
5065
** • *
3573
365 1
IN V E S T O R
VALUE
TY
1 2 .5
1 .0
7 .6
0 .9
OT
RE
JV
OT
OT
NP
JV
JV
NP
RE
RE
AM
JV
NP
AM
RE
AM
JV
El
OT
JV
AM
AM
AM
AM
OT
RE
PE
RE
RE
AM
OT
AM
PE
JV
OT
OT
OT
NP
AM
RE
OT
JV
AM
RE
RE
RE
JV
AM
JV
JV
OT
OT
RE
AM
NP
1 2 6 .0
.
1 5 5 .0
4 7 .5
3 .2
.
1 4 .5
1 5 .0
6 0 .0
4. 1
1 .7
.
.
5 .3
3 .0
1 2 .8
0. 1
.
1 1 .3
1 0 .0
5 .5
2 0 0 .0
.
2 0 0 0 !0
8 .0
1 0 0 .0
.
1 .5
1 .0
.
1 0 .0
6 7 0 .0
1 .0
8 .5
7. 1
.
3 .0
1 .0
2 0 0 !o
2 0 .0
4 0 .0
1987 F O R E I G N DI R E C T IN VESTMENTS.
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
US F I R M
C O M P L E T E D , BV COUNTRV
NAME
D I E S E L K I K I USA
D I L L I N G H A M C O N S T R U C T I O N CORP
D J K COR P OF A M E R I C A I N C
D O R I C / M I T S U I JV
DOVER H O T E L
D U C A IR B IO E S S E N C E IN C .
D U N E S H O T E L AN D C A S I N O
EAG LE W IN G S I N D U S T R I E S
EATON SQUARE S H O P P IN G CENTER
ECH O I N C
E FTEN IN C
E L R A N C H O V E R D E C Q U N T R V C LU B
ELASTOMER TECHNOLOGY IN C
ELCO IN D U S T R IE S IN C
E L M E R L I T T L E & SONS I N C
E LSA CORP
E N E K I A M E R IC A IN C
ENERGY C O N V E R S IO N D E V IC E S
E P S O N -P O R T L A N D IN C
FEC IN C
F I N C H , D O I & B E R L IN E R IN C
F OO TW O R K CORP
FO O TW O R K H A W A I I CORP
FOREMOST D A I R I E S
FORTUNE C O O K IE S
F O S T E R E L E C T R I C CO
F U J I S A W A P H A R M A C E U T I C A L CO
F U J I S A W A S M I T H K L I N E CORP
F U J I T S U A M E R IC A IN C
F U J I T S U GTE B U S IN E S S SYS TEM S IN C
F U J I T S U M IC R O E L E C T R O N IC S IN C
F U J I T S U - T E N C OR P
FUTREX IN C
G T X CORP
G A K K Y U S H A USA C O .
G C A 'S LASER TECHNOLOGY D IV
GECOM C O R P
G E N E R A L S E A T I N G OF A M E R I C A I N C
G IA D A
GLOBAL S U N S H IN E IN C
GRADCO S Y S T E M S IN C
G R E E N F O O D S CORP
G R E N E L E A F R E S O R T & C O N F E R E N C E C TR
G R I N D E R S FO R I N D U S T R Y I N C
H A K U T O CO
H A L L A M 'S PEANUT BUTTER PLANT
H A N A N O K I CO
HARBOR BAY C O M M U N IT Y
H I LEX CORP.
H I FLO IN C
H I G H P O I N T C H E M I C A L CORP
H I L L 8. H I L L I N C
H I L O COUNRTY CLUB & HO TE L
H IS A N IN C
H I T A C H I A M E R IC A LTD
H I T A C H I B U T S U R Y U CO
TS
S IC
FOREIGN INVESTOR
IL
CA
KY
CA
NV
NJ
NV
IL
HA
IL
IN
CA
CO
IL
NY
IN
OH
MI
OR
MI
TX
CA
HA
HA
NV
IL
MD
PA
NC
AZ
OR
CA
MD
AZ
NY
MA
IN
IN
NY
HA
CA
CA
FL
MI
CO
MO
WA
CA
MI
OH
NC
HA
HA
OH
NC
CA
3714
1541
3079
1521
701 1
2844
701 1
3714
* * **
5083
2631
7992
2822
3452
3151
3714
3714
7391
3573
3569
7392
5146
5812
2026
5621
3651
739 t
2834
3661
3674
3674
3571
3823
3573
8221
3699
3079
2531
5621
671 1
3579
2041
* ** *
3541
5063
2052
5812
* * * *
5013
3079
2865
2095
701 1
3292
5065
4712
D I E S E L K I K I CO L T D
S H I M I Z U C O N S T R U C T I O N CO L T D
DJK
M I T S U I & CO L T D
J A P A N E S E R E D EV COS
TSUMURA JU N TEN D O I N C .
N A N G A K U , M ASAO
M I Z U S H I M A MACH & M E T A L I N D C O .
K A W A G U C H I, K A T S U H IR O
K I O R I T Z CORP
H O N S H U P A P E R CO L T D
N I T T O KOGYO CO L T D
Y AMAMOTO KOGAKU CO L T D
O KABE, A K IR A
SWANY CORP
S AK A M OTO I N D S CO L T D
E N K E I G R / M I T S U B I S H I CORP
CANON I N C
S E I K O - E P S O N CORP
DA I - I C H I D E N T S U CO L T D
T R A N S -M E D IA RESOURCES IN C
FOO TWORK CORP
FOOTW ORK C O R P .
H O U S E FOO D I N D U S T R I A L CO L T D
T A K I H Y O CO L T D
F O S T E R E L E C T R I C CO L T D
F U J I S A W A P H A R M A C E U T I C A L CO L T D
F U J I S A W A P H A R M A C E U T I C A L CO L T D
F U J I E L E C T R I C CO L T D
F U J I E L E C T R I C CO L T D
F U J I E L E C T R I C CO L T D
F U J I E L E C T R I C CO L T D
K E T T E L E C T R I C LAB
N I P P O N S T E E L CORP
KUMON I N S T I T U T E OR E D U C A T I O N
KOB E S T E E L L T D
M I T S U I M I N I N G & S M E L T I N G CO L T D
N H K S P R I N G CO L T D
G IA D A
S H I N K E N T E K N I K A CO L T D
C I T O H & CO L T D E T A L
G R E E N F O O D S CORP
S P O R T S S H I N K O CO
T O Y O D A M A C H I N E WORKS L T D
H A K U T O CO L T D
U N I D E N T I F I E D JA PA N E SE IN V E S T O R
H A N A N O K I CO L T D
M I T S U I & CO
N IP P O N CABLE SYSTEMS IN C .
TORAY IN D U S T R IE S IN C
KAO CORP
M I S U Z U C O F F E E CO E T A L
N A K AN O CORP
S AN O H I N D U S T R I A L CO L T D
H IT A C H I LTD
H IT A C H I LTD
VALUE
TY
5 0 .0
18
12
157
37
10
9
15
0
0
0
3
0
0
0
0
NP
AM
OT
JV
AM
AM
AM
NP
RE
PE
JV
AM
AM
AM
AM
NP
PE
AM
PE
NP
JV
OT
OT
AM
OT
OT
OT
El
OT
JV
NP
NP
JV
AM
OT
AM
NP
JV
OT
OT
AM
NP
RE
AM
OT
AM
OT
RE
PE
NP
AM
AM
AM
JV
OT
OT
ON
I
I9 8 7 F O R E I G N D I R E C T I N V E S T M E N T S , C O M P L E T E D .
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
U S F IR M
BY COUNTRY
NAME
H I T A C H I F A R M IN G T O N H I L L T E C H N IC A L C T R
H I T A C H I IN S T R U M E N T S IN C
H IT A C H I TELEC O M
H I T A C H I ' S M A R K E T IN G S Y S T E M S D I V .
H O M ER D O N A L D S O N /K IT S U D A E N G . V E N T U R E
H O N D A N O R T H A M E R IC A IN C
H O N D A O F A M E R IC A M FG CO
HOTEL
H Y A T T REGENCY H O TE L
H Y O G O SOGO B A N K
I & S A S S O C IA T E S
I I S T A N L E Y CO IN C
I / N TEK
I C H I K O H M A N U F A C T U R IN G
IC O N S Y S T E M S & S O F T W A R E
I O E M I T S U C H E M IC A L S U SA
ID M /K O W A B U S S A N J V
I K E IN T E R N A T IO N A L C O R P
IK E D A I N T E R IO R S Y S T E M S IN C
IK K A T E C H N O L O G Y IN C
1 M A T R O N IN C
I N D I A N SUM M ER IN C
I N E R T I A D Y N A M IC S CO R P
I N T ' L FA R M C O R P O F A M E R IC A
IN T E C H
IN T E L L E C T S YS TEM S
I N T E L L I G E N T S T O R A G E IN C
IN T E R K A L IN C
I N T E R N A T IO N A L H A IR G O O D S IN C
IO C H E M C O R P
I R V I N E C O M M E R C IA L C E N T E R
I R V I N E S C I E N T I F I C S A L E S CO
IS E W A N U SA IN C
I S I D E N T S U O F A M E R IC A IN C
I S S E Y M IY A K E U SA
IS U Z U M O TO R S CO
J . M A G N IN B L D G
J ID E C O O F B R A D S TO W N
J U D IC I A R Y C E N T E R
JURAKU R ESTAURANT
JURAKU RESTA U R A NT
J V C M AG N E P R D T S O F A M E R IC A
J V C P R O F E S S IO N A L P R O D U C T S CO
K A IS E R S T E E L T U B IN G IN C
KALUAKO R ES O R T
K A M B A RA U SA
K A M E YA M A C A N D L E CO
K A N E G A F U C H 1 C H E M IC A L IN D S CO
K A TO S P R IN G W ORKS CO
KBK
K IK I
K IN G S P L A C E C O N D O M IN IU M B L D G
K L E E R D E X CO
K O B E C O P P E R P R O D U C T S IN C
K O M A TS U AM ER M FG CORP
K O M A TS U A M E R IC A C O R P
TS
S IC
F O R E IG N
MI
CA
GA
CA
MI
CA
OH
CA
AZ
NY
VA
MI
IN
KY
WA
MI
CA
WI
TN
GA
CA
NY
AZ
IL
NC
KS
CO
MI
MN
OK
CA
CA
NC
MA
NY
CA
CA
KY
DC
PA
NJ
AL
NJ
CA
HA
OR
CA
PA
GA
IN
KY
HA
PA
NC
TN
GA
7391
381 1
3661
7372
3465
5012
3714
7011
701 1
603
891 1
3647
3312
3231
7372
2821
1521
2435
2211
3079
3693
2099
3524
6531
3552
5081
3573
2531
5699
2819
H IT A C H I L T D
H IT A C H I L T D
H IT A C H I L T D
H IT A C H I LTD
K IT S U D A E N G IN E E R IN G CO L T D
H O N D A M O TO R CO L T D
H O N D A M O TO R CO L T D
M I T S U B I S H I H E A V Y I N D U S T R IE S
O R IE N T L E A S IN G CO E T A L
H Y O G O SOGO B A N K
T O B IS H IM A C O R P
S T A N L E Y E L E C T R IC CO E T A L
N IP P O N S T E E L C O R P
IC H I K O H IN D U S T R IE S IN C
S A N Y O E L E C T R IC CO L T D
I D E M I T S U K O S A N CO L T D
KOWA B U S S A N E T A L
I K E IN T E R N A T IO N A L C O R P
IK E D A B U S S A N CO L T D
N IP P O N L IG H T M E T A L CO L T D E T A L
M I T S U I & CO L T D
N A K A N O V IN E G A R L T D
R V0B 1 LTD
H I G A S H I N IP P O N H O U S E
T A K A T O R I M CH Y M FG CO L T D
S E IK O -E P S O N C O R P
F U J I E L E C T R IC CO L T D
K O T O B U K I S E A T IN G CO L T D
A D E R A N S CO L T D
IO C H E M C O R P
SHUWA C O R P
N IP P O N M I N I N G CO
IS E W A N T E R M IN A L S E R V IC E CO L T D
OENTSU LTO
WACOAL IN T L CORP
IS U Z U M O TO R S L T D
U N I D E N T I F I E D IN V E S T O R
N IS S A N M OTOR CO L T D
KONOO B E S E K I
K A T O , CHUNG O
K A T O , CHU NG O
M A T S U S H IT A E L E C IN D CO L T D
M A T S U S H IT A E L E C T R IC IN D CO L T D
M I T S U I & CO L T D
T O K Y O KOG YO CO L T D
K A M BARA F A M IL Y
K A M EYAM A C A N D L E CO L T D
K A N E G A F U C H I C H E M IC A L IN D S CO L T D
K A TO S P R IN G WORKS CO L T D
K Y O K U T O B O E K I K A IS H A L T O
N IS S H O IW A 1 COR P E T A L
M I T S U G I COR P
T S U T S U N A K A P L A S T IC IN D S . CO
KOBE S T E E L L T D
K O M A TSU L T D
K O M A TSU L T D
2831
4712
7375
5621
3711
♦* * *
3714
**♦ *
5812
5812
3679
5064
3312
2782
3999
2821
3495
5082
5812
**♦ *
2821
3351
3531
3531
IN V E S T O R
VALUE
1 !o
4 5 0 .0
1 1 .0
5 0 .0
.
310! 0
8 .0
14 ! 0
2 .0
2 .1
1 3 .3
1 .0
io !o
7 .5
1 0 .9
3 .6
m
7 .0
7 .5
#
B 6 .0
.
23. 1
4 .0
2 .5
3 5 .0
1 .4
.
.
6 .4
.
7 !8
1 .0
4 .0
1
TY
NP
OT
OT
PE
JV
OT
PE
AM
AM
OT
AM
OT
JV
NP
EI
NP
JV
NP
OT
OT
AM
AM
AM
OT
AM
AM
AM
AM
AM
NP
RE
AM
OT
JV
OT
NP
RE
PE
RE
OT
OT
PE
OT
AM
RE
NP
NP
JV
PE
OT
OT
RE
JV
JV
PE
OT
1487
FOREIGN DI RECT
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
I NVE STMF N f S , ( HMPl.E t ED . Bv
US FIRM NAME
K O M A T S U A M E R I C A CUftP
K O M A T S U F Q R K L I F T M F G CO USA
K O N I C A M F G USA INC
KV C H E M I C A L S I N C
LA C O L O N N A D E
LA C O S TA H O T E L K SPA
LAND
LAND
LAND ( 2 9 0 0 A C R ES}
LAND ( 4 9 . 9 A C R ES)
LAND ( 5 0 0 A C R ES )
L A P IN E TECHNOLOGY CORP
L E B L O N D M A K I N O M A C H I N E TO O L CO
LENAWEE S T A M P IN G C ORP
M -T E K IN C
M A D IC O IN C
M A D I S O N P R E C I S I O N P R O D U C T S INC
M A K I T A C O R P OF A M t N I CA
MAR K H A M W I N E R Y
M A S T E R C A S T CO
M A T H E R M E T A L S INC
M A T S U I A M E R I C A INC
M A T S U S H IT A E D U C AT ION CENTER
M A Z D A MOTOR CORP
M A Z D A M O T O R S OF A M E R I C A (EAS T)
MAZDA NORTH A M E R IC A IN C
MC R E P R O T E C H S M I T S U B I S H I C H E M I C A L S
M E R G E R & A C Q U I S I T I O N TE A M ( M & A )
M E S Q U IT E CO UNTRY CLUB
METRO RES TA U R A NT
METRO TOYOTA
M I - TECH S T E E L IN C
M IC C O N S U L T IN G
M ID W E S T MOLD & T E X T U R E C O R P
M IE C O IN C
M I K U N I CORP
M I L A N D ' OR
M IN N E T O N K A 'S C H E C K -U P TOOTH PRDTS
M IN O L T A ADVANCE TECHNOLOGY IN C „
M IP S COMPUTER SYSTEMS
M IT A
M I T S U B I S H I BANK
M I T S U B I S H I C H E M I C A L CO
M I T S U B I S H I E L E C T R IC A M E R IC A IN C
M I T S U B IS H I E L E C T R IC SALES AMER. IN C
M I T S U B I S H I E L E C T R IC SALES A M E R IC A
M I T S U B IS H I E L E C T R O N IC S AMER. IN C
M I T S U B I S H I S E M IC O N D U C T O R A M E R IC A
M I T S U B I S H I S A U T O M O T IV E A IR
M IT S U B O S H I B E L T IN G LTO
M I T S U I BANK
M I Y A N O M A C H I N E R Y U SA
M I Z U H O M E D I CO
M O L T E N BRC I N C
M O N IT O R IN C
M 0 R 1 T E X CO
r juNTR*
Tb
Nj
CA
NC
AL
CA
CA
HA
DC
HA
HA
HA
CA
OH
MI
TN
MA
TN
GA
CA
MI
OH
IL
NJ
CA
FL
MI
NJ
NY
CA
HA
OH
TN
NY
OH
TX
CA
NY
MN
NV
CA
TX
OH
AL
OH
NJ
WA
TX
NC
CA
IL
MI
IL
CA
IN
NJ
CA
ilL
F O R E IG N
5082
3537
306 l
2099
• • «•
701 1
K OM A TSU L T D
K O M A TSU L T D
K O N I S H I R O K U P HO TO I N D CO L T D
KU R EH A C H E M I C A L I N O / H O E C H S T AG
C H I V Q D A T R A D I N G CO
S P O R T S S H I N K O CO
DA I - I C H I R . E . C O
K U M A G A I GUM I
S A N K Y O T S U S H O CO L T D
KUMAGAI GUMI
U N ID E N T IF IE D INVE STO R
K Y O C E R A CORP
M A K I N O M I L L I N G M A C H I N E CO L T D
M A Z D A MOTOR CORP ET AL
N I S S A N MOTOR CO L T D
F S K COR P
T E I SAN D I E C A S T I N G I N D U S T R I A L CO L T D
M A K I T A E L E C T R I C WORKS L T D
SANRAKU IN C
K O K U S A N K I N Z O K U KOGYO L T D
NHK S P R I N G CO L T D
M A T S U I M FG CO L T D
M A T S U S H I T A E L E C T R I C I N D . CO L T D
M A Z D A MOTOR CORP L T D
C I T O H & CO
M A Z D A MOTOR CO L T D
M I T S U B I S H I C H E M IC A L I N D U S T R IE S LTD
M I T S U B I S H I CORP
MORRY CO
N IS H IM U R A F A M IL Y
T O Y O T A M O T O R S CO L T D
M I T S U I & CO L T D
M I T S U B I S H I CORP
T A T E M A T S U M OLDWO RKS CO L T D E T A L
M A R U B E N I CORP
M I K U N I CORP
M I L A N D ' OR
L I O N CROP
M I N O L T A C A M E R A CO L T D
KUBOTA L T D
M I T A I N D U S T R I A L CO L T D
M I T S U B I S H I BANK L T D
M IT S U B I S H I C H E M IC A L IN D S LTD
M I T S U B I S H I E L E C T R I C CORP
M IT S U B IS H I E L E C T R IC
M I T S U B I S H I E L E C T R I C CORP
M I T S U B I S H I E L E C T R I C CORP
M I T S U B I S H I E L E C T R I C CORP
M IT S U B IS H I HEAVY IN D U S T R IE S LTD
M IT S U B O S H I B E L T IN G LTD
M I T S U I BANK
M IY A N O F A M IL Y
M I Z U H O M E D I CO L T D
M O L T E N CORP
TOKYO B O E K I LTD
M O R I T E X CO L T D
* * * *
** **
• «• •
•m• ♦
3573
354 1
3465
2399
3079
3363
3546
2004
3369
3 7 14
3535
3631
5012
501 2
7391
2865
7392
7997
5012
551 1
5051
7392
3544
5172
7391
5621
2044
3061
3573
3579
60
2873
3694
5064
5064
3612
3674
3505
3041
60
3541
7391
3069
5075
5006
IN VE ST O R
VALUE
3 .0
12 0 .0
1 3 .0
1 6 .0
2 5 0 .0
66 . 0
7.3
5 0 .0
6 .0
2. 1
6 5 .6
9 .6
1 4 .0
3 .5
8 .0
1 1 .5
3 7 .5
3 .0
5 .7
0 .0
0 .5
2 .0
.
.
2 .4
2 5 .0
5 .8
2 .0
2 5 .0
3! 2
8 0 .0
3 6 .0
.
2 0 .3
9 .2
TV
OT
NP
NP
NP
RE
AM
RE
RE
RE
RE
RE
AM
El
NP
NP
AM
JV
PE
AM
AM
NP
NP
OT
OT
PE
OT
PE
OT
AM
OT
OT
JV
OT
NP
OT
NP
OT
AM
NP
AM
NP
OT
PE
NP
OT
OT
NP
PE
PE
NP
OT
OT
NP
JV
OT
OT
1987 F O R E I G N D I R E C T I N V E S T M E N T S , CO MP L E T E D ,
NA
US F IR M
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
M O R TO N Y O K O H A M A IN C
M O V S O V IT Z & S O N S O F F L A . I N C
M UGA
M Y T E C P O L Y M E R S IN C
N A F M E N G IN E E R IN G C O R P
N A IG A I N IT T O
N AK AG A W A S A N G Y O
N A K A N IS H I M F G C O R P
N A N IL O A H O T E L
NBK CORP
N E A T O N A U T O P R D T S M FG IN C
N E C A M E R IC A
N E C H O M E E L E C T R O N IC S U S A IN C
NEM KO IN C
NETW ORK PO LY M E R S
NEW M E I J I G R O U P COS
NEW S A B IN A I N D U S T R IE S IN C
NEW MAN T E C H N O L O G Y IN C
NGK M E T A L S CORP
N GK S P A R K P L U G S U SA IN C
N I C H I R E I C O R P OF A M E R IC A
N IH O N K E I Z A I S H IM B U N IN C
N IH O N R A D IA T O R ‘
N IH O N -K O H D E N C O R P
N IK K O C A P I T A L S E R V IC E S IN C
N IP P O N CA R G O A I R L I N E S
N IP P O N K O K A N
N IP P O N M I N I N G O F N E V A D A L T D
N IP P O N P IG M E N T U S A IN C
N IP P O N D E N S O T E C H N IC A L C E N T E R
N IS S A N M O TO R C O R P
N IS S A N M O TO R C O R P P A R T S D I V
N IS S A N R E S E A R C H & D E V C O R P
N I S S E I E L E C T R IC CO
N I S S E I E L E C T R IC CO
N IS S H O IW A I
N IS S H O I W A I A M E R IC A C O R P
N IS S H O IW A I F A CO
N K K S W IT C H E S O F A M E R . IN C
N K S -A K S P R E C I S I O N B A L L CO
N O R T H A M E R IC A N L I G H T I N G IN C
NOVA
N T N B E A R IN G C O R P . O F A M E R IC A
N T N -B O W E R C O R P
N T T A M E R IC A IN C
N U C O R C O R P /Y A M A T O KOGYO CO V E N T U R E
OCEAN C O N . C A R R IE R S /D A IN IC H I TSU U N
O C E A N V IE W C E N T E R
O F F IC E B L D G
O F F IC E B LDG
O F F IC E B LDG
O F F IC E B L D G
O F F IC E BLDG
O F F IC E BLDG S
O F F IC E B L D G S
O F F IC E B L D G S ( 2 )
«
BY C O U N T R Y
NAME
JV
TS
S IC
F O R E IG N
IL
FL
IL
TX
NC
NY
IN
GA
HA
CA
OH
NJ
CA
NY
CT
CA
OH
OH
CA
CA
WA
NY
TN
CA
NY
NY
OR
NV
TX
MI
TN
CA
AZ
NY
CA
IN
MA
IL
AZ
IA
IL
OH
IL
AL
NY
AR
CA
HA
CA
TX
CA
VA
CA
CA
DC
2891
5148
8299
2824
3551
4712
3714
3562
7011
3674
3714
5063
5081
3743
5161
5812
3714
3442
5051
3694
2091
7374
3585
3693
628
451 1
3674
1041
2821
7392
371 1
5013
7391
5065
5065
5812
5084
5084
5063
3562
3647
5051
3562
3562
481 1
3312
4712
Y O K O H A M A R U B B E R CO L T D
A L B E R T F IS H E R G R O U P ( T H E )
MUGA
M I T S U B I S H I P E T R O C H E M IC A L CO L T D
N IP P O N A U T O M A T IC F I N E M C H Y CO L T D
N A I G A I N I T T O CO L T D
NAKAGAW A S A N G Y O
N A K A N I S H I , K A Z U O F A M IL Y
N A K A N O C O RP
KAW A SA K I S T E E L CORP
N IH O N P L A S T L T D
NEC CORP
NEC CORP
M I T S U I & CO L T D
M A R U B E N I CQRP
CHUO B U SS A N CORP
H O N D A M O TO R CO L T O
H O N D A M O TO R CO L T D
NG K IN S U L A T O R S L T D
NGK S P A R K P L U G CO L T D
N IC H IR E I CORP
N IH O N K E I Z A I S H IM B U M IN C
N IH O N R A D IA T O R CO L T D
N IH O N -K O H D E N COR P
N IK K O S E C U R I T I E S
A L L N IP P O N A IR W A Y S CO L T D
N IP P O N K O KAN KK
N IP P O N M I N I N G L T D
N IP P O N P IG M E N T CO L T D
T O Y O T A M OTOR CO L T D
N IS S A N M OTOR CO L T D
N IS S A N M OTOR CO L T D
N IS S A N M OTOR CO L T D
N I S S E I E L E C T R IC CO L T D
N I S S E I E L E C T R IC CO L T D
N IS S H O IW A I C O R P E T A L
N IS S H O IW A I C O R P
N IS S H O I W A I COR P
N IH O N K A I H E I K I IN D U S T R IE S CO L T D
N IP P O N S E IK O KK E T A L
K O IT O M FG CO L T D
C . IT O H & CO L T D
N T N T O Y O B E A R IN G CO L T D
N T N T O V O B E A R IN G CO L T D
N IP P O N T E L E G R A P H & T E L E P H O N E CORP
Y A M A T O KOGYO CO L T D
D A I N I C H I T S U U N CO L T D
HASEGAW A K O M U TEN CO L T D
Y O S H ID A K O S A N CO L T D
M A T S U S H IT A K O SA N CO L T O
M I T S U I FU D O S A N
C . IT O H & CO E T A L
M A T S U B A R A C O N S T R U C T IO N CO
SHUWA CORP
S U M IT O M O L . I . C .
S A N S E I CO L T D
fl
• »*•
* *♦ *
• ***
t •**
# ***
• ***
IN V E S T O R
VALUE
17^5
1 !o
1 0 .0
1 1 .0
1 !o
8 .5
1 .5
60 ! o
5 .0
3 .0
2 5 .0
1 6 .5
8 5 .8
J 1 !o
6 .0
1 3 .3
2 0 0 .0
8 .0
1 0 0 .0
2 2 5 .0
TY
JV
AM
OT
JV
OT
OT
NP
NP
AM
PE
PE
OT
OT
PE
AM
AM
NP
JV
OT
PE
NP
OT
NP
OT
OT
OT
NP
OT
NP
OT
PE
PE
OT
OT
OT
OT
OT
OT
El
NP
NP
JV
PE
El
OT
JV
JV
RE
RE
RE
RE
RE
RE
RE
RE
RE
1987 FO RE I G N DI RE CT
NA
NAME
O F F IC E BLDGS ( 2 )
O K I S EM IC O N D UC TO R IN C
O K I S E M IC O N D UC TO R PRDTS
OKUMA M A C H I N E T O O L S I N C
O L I V E R A M E R I C A N H I G H P O I N T W O O D W O R K IN G CO
OMRON T A T E I S I E L E C T R O N I C S CO
ONCOMEMBRANCE I N S T I T U T E
ON E W A S H I N G T O N M A L L
ONODA USA
OPTON IN C
O R IO N E L E C T R IC A M E R IC A IN C
P A C I F I C L I N K E X P R E S S CO
P A C IF IC VENEER LTD
P A IN E W E B B E R GROUP IN C
P A N A T E C H 'S S EM IC O N D U C TO R D I V
P A V I L I O N TO W ER S
PENN T R A D IN G I N T E R N A T I O N A L LTD
P E R M A T T A C H D IA M O N D TOO L CORP
PHASES I I & I I I AT C IT I C O R P
P H O T O N IC IN T E G R A T IO N RESCH IN C
P I C T E L C OR P
P I L O T M A N U F A C T U R IN G CORP
PMP F E R M E N T A T I O N P R D T S I N C
P O L Y -O P T IC A L PRODUCTS IN C
P O L Y C H R O M E CORP
P O L V T R I BO I N C
POWERS C HEM CO I N C
P R O C O IL CORP
P R O F E S S I O N A L B LD G
P R U D E N T IA L PLAZA BLDGS
RANCH HOUSE R E S T A U R A N T
RDK
R E IC H H O L D C H E M IC A L IN C
R E N A I S S A N C E GR X I N C
RH EO N
R IC O H E L E C T R O N IC S IN C
R I S I N G SUN CO
ROBERT DOLLAR BLDG
ROBOTRON D I V
R O C K W E L L C L U T H CO
R O C K Y MT E N E R G Y C O / I D E M I T S U K O S A N J V
ROHM & H A A S H Y D R A N A U T I C S SUB
R O T H C H IL D RESTAURANT
R PC I N D U S T R I E S I N C
RUBLOFF IN C
R Y O B I E L E C T R I C T O O L M FG I N C
S T IM A G IN G TECHNOLOGY
SAE IN C
S A K A T A S E E D CO
S A N S H I N M O K U Z A I KOGYO CO
SANYO LA S ER P RO DUCTS IN C
SATO A M E R IC A IN C
S E C O A M E R IC A IN C
S E I K O - E P S O N C OR P
S E K I S U I HOUSE A M E R IC A
SETEX IN C
I
C O M P L E T E D » BY COUN TR Y
TS
S IC
F O R E IG N
CA
CA
IL
NC
NC
IL
WA
MA
CA
VA
IN
NY
WA
NY
CA
CO
PA
NH
CA
OH
MA
CT
WI
CA
NY
PA
NY
MI
CA
IL
HA
TX
NY
WA
NC
CA
NY
CA
MI
MI
AK
PA
HA
CA
IL
AZ
NV
CO
CA
WA
IN
CA
CA
TX
WA
OH
** * *
3674
3573
3541
2426
3622
7391
* * * *
5039
321 1
3651
4012
241 1
621 1
3674
* ***
5172
3545
*** *
3674
3662
3955
2841
3832
3955
3861
3861
5051
***♦
* *♦ *
5812
5086
2819
3573
2045
3861
5812
* * * *
3622
3714
121 1
2869
5812
3662
6531
3546
3955
7379
0181
2421
3632
3569
7373
3851
5031
2531
M AR U C H A N I N C
O K I E L E C T R I C I N D U S T R Y CO L T D
O K I E L E C T R I C I N D CO L T D
OKUMA M A C H I N E WORKS L T D
F U J I S T E E L CO L T D
OMRON T A T E I S I E L E C T R O N I C S CO
O T S U K A P H A R M A C E U T I C A L CO L T D
U N I D E N T I F I E D IN V E S T O R
ONODA C E M E N T CO L T D
T A T S U G H U C H I KOG YO G L A S S CO L T D
O R I O N E L E C T R I C CO L T D
Y A M A S H I T A - S H I N N I H O N S T E A M S H I P CO L T D
BA N K OF T O K V O
YASUDA M UTUAL L . I . C .
R I C O H CO L T D
C H I E M O R I KOGYO CO L T D
M A R U B E N I CORP
A S A H I D I A M O N D I N D U S T R I A L CO L T D
M I T S U B I S H I R E A L E S T A T E CO L T D
N I P P O N T E L E G . & T E L E P U B L I C CORP E T A L
K Y O C E R A CORP
P I L O T P E N CO L T D
F U J I S A W A P H A R M A C E U T I C A L CO L T D
M I T S U B I S H I R A YO N CO L T D
D A IN IP P O N IN K & C H E M IC A LS
F U J I K U R A K A S E I CO L T D
K O N I S H I R O K U P H O T O I N D CO L T D
M A R U B E N I CORP
G I N G I I N V E S T M E N T CO E T A L
N IP P O N L . I . C .
N IS H IM U R A F A M IL Y
R I K A D E N K I KOG YO CO L T D E T A L
D A IN IP P O N IN K & C H E M IC A LS IN C
KA N EM A TSU -G OSHO LTD
RH EO N A U T O M A T I C MCHY CO
R I C O H CO L T D
T E M P O R A R Y C E N T E R CORP
KU GA YA S H O J I CO L T D
M A R U B E N I C OR P
I S U Z U M O TO R S L T D
I D E M I T S U KOSAN CO L T D
N I T T O E L E C T R I C I N D U S T R I A L CO
N IS H IM U R A F A M IL Y
M A R U B E N I COR P E T A L
O R I E N T L E A S I N G CO L T D
RYO BI LTD
S A N G Y O CO L T D . S T
M A T S U S H I T A E L E C T R I C I N D U S T R I A L CO
S A K A T A S E E D CO L T D
S A N S H I N M O K U Z A I KOGYO CO L T D
S A N Y O E L E C T R I C CO L T D
SATO CORP
SEC OM CO L T D
S E I K O - E P S O N CORP
S E K IS U I HOUSE LTD
T A C H I - S CO L T D
IN V E S T O R
VALUE
TY
8 .5
RE
PE
OT
NP
PE
NP
NP
RE
OT
NP
OT
t .4
7 .0
3 6 .0
.
.
1 .4
3 0 0 .0
1. 1
1 2 .8
0 .5
.
1 .9
1 .0
2 0 .0
.
1 7 .0
1 .0
6 0 0 .0
0 .3
2 1 .0
4 .0
1 .0
5 .0
.
•
.
1 0 .0
3 .5
1 .8
5 .0
*
3 .0
oY
JV
AM
AM
RE
OT
AM
RE
JV
AM
OT
NP
AM
DE
JV
AM
JV
RE
RE
OT
OT
AM
AM
NP
NP
OT
RE
AM
JV
JV
AM
PE
AM
AM
OT
NP
AM
NP
NP
NP
OT
OT
AM
OT
JV
120
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
US F I R M
INVESTMENTS,
1987 F O R E I G N D I R E C T
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
US
F IR M
I N V E S T M E N T S , C O M P LE TE D,
BY C O U N T R Y
NAME
SHEARSON LEHMAN BROTHERS H O L D IN G S IN C
SHELDAHL IN C
S H E L L E R - R Y O B I CORP
S H I M A S E I K I M F G CO
S H IM A N O A M E R IC A N CORP
S H IM O K O & SONS
S H IN -E T S U -T E C H N IC A L SRV. CENTER
S H IN K O K E S A I
S H IN T E C H IN C
S H O P P IN G CENTER
S H O P P IN G CENTER
S H O P P IN G CENTER
S IM T E K IN C
S IN T E R IN G T E C H N O L O G IE S IN C
S IN T O K O G IO /R O B E R T S
S N A P F I N G E R WOODS G O L F 8. C T Y C L U B
S O N Y M I C R O S Y S T E M S CO
SPECTRON IN C
S T . CLEMENT V IN E Y A R D S
S U B A R U OF A M E R I C A I N C
S UBARU- IS U Z U A U T O M O T IV E IN C
S U B A R U /M A R IN E M ID L A N D JV
S U G I Y O U SA
S U M IT O M O
S U M ITO M O ELEC RESCH T R I
S U M I T O M O T R U S T 8. B A N K I N G CO ( U S A )
S U M I T O M O W A R E H O U S E CO
SUNBURY COMPONENTS IN D U S T R IE S
SUS H I RESTAURANTS
S U S H I - I W A U SA I N C
T . S . T R IM IN D U S T R IE S IN C
T A C H I K A W A C OR P
T A K A R A S A K E U SA I N C
T A K A S C OR P U SA
T A K A T A - G E R I C O CORP
T A K E D A B U S I N E S S S E R V I C E USA
T A K E D A C H E M I C A L P R D T S . USA I N C
T A K E D A F I N A N C I A L USA I N C
T A N N I E S CORP
T A S U S CO
T D K O K L A H O M A CORP
TECHNO T R IM IN C
T E I J I N B I O - S C I E N C E LABS
T E IK O K U CORP
T E L M O S ' P R O D U C T IO N F A C I L I T Y
T E L S T A R COR P
T E N N E S S E E M E T A L CORP
TEN NEX IN D U S T R IE S IN C
T E R U M O C OR P
T E X A C O / N I P P O N O I L CO V E N T U R E
T E X A S E A S T E R N C O R P / H A L C O N SC D E S I G N D I V
TEXMAC IN C
TG ( U S A ) CORP
THE C R O S S IN G S
THE ENCLAVE
T H O M S O N - C S F ' S S Y S T E M S & W E A P O N S G R O UP
TS
S IC
F O R E IG N
NY
MN
IN
NJ
CA
HA
CA
NV
TX
NJ
CA
NY
CO
IN
MI
GA
CA
MA
CA
NC
IN
NY
WA
VA
NC
NY
CA
OH
MI
MI
OH
NY
CA
NJ
CO
NY
NC
DE
IN
IN
OK
IN
CA
OH
CA
CA
TN
TN
MD
LA
NY
NC
MO
AZ
CA
VA
62
3679
3714
3552
5091
2098
7391
3079
2821
* * * *
N IP P O N L . I . C .
S U M I T O M O B A K E L I T E CO L T D
RYO BI LTD
S H I M A S E I K I S E I S A K U S H O CO L T D
S H I M A N O I N D U S T R I E S CO L T D
I T O E N CO L T D
S H I N - E T S U C H E M I C A L CO L T D
S H IN K O K E S A I
S H I N - E T S U C H E M I C A L CO L T D
YAOHAN
K A T A O K A & CO L T D
D A I - I C H I F U D O S A N CO L T D
N I P P O N S T E E L COR P
H IT A C H I LTD
S IN T O K O G IO LTD
N I T T O KOGYO CO L T D
S O N Y C OR P
M I T A N I CORP
SAPPORO B R E W E R IE S LTD
F U J I HEA VY IN D U S T R IE S LTD
F U J I H E A V Y I N O S / I S U Z U MOTOR
F U J I H EA V Y IN D U S T R I E S ET AL
S U G I Y O CO L T D E T AL
S U M IT O M O H EA V Y IN D U S T R IE S L TD
S UM ITO M O ELEC IN D L T D
S U M I T O M O T R U S T & B A N K I N G CO L T D
S U M I T O M O W A R E H O U S E CO L T D , T H E
SHOWA M A N U F A C T U R I N G CO
S U M I T O M O CORP
S U M IT O M O CORP E T AL
T O K Y O S E A T CO L T D
T A C H I K A W A B L I N D M A N U F A C T U R I N G CO L T D
T A K A R A S H U Z O CO L T D
T A K A S A G O CORP
T A K A T A CORP
TAKEDA C H E M IC A L IN D S LTO
TAKEDA C H E M IC A L IN D U S T R IE S LTD
TAKEDA C H E M IC A L IN D U S T R IE S IN C
YAM ANGUCHI P H A R M A C E U TIC A L LTD
T S U C H I Y A CO L T D
T D K CORP
T A C H I - S CO L T D
T E I J I N LTD
T E I K O K U CHROM E CO L T D
ROHM CO L T D
C L A R I O N CO L T D
S U M I T O M O CORP L T D
N I S S A N MOTOR CO L T D
T E R U M O CORP
N I P P O N O I L CO L T D
D E N K I K AGAKU KOGYO KK
C . I T O H & CO L T D O
T O Y O T A MOTOR C O . E T AL
T A IY O R . E .C O .L T D .
C H I T A K A I N T ' L FOO D S CO
F R A N C E , GO VT OF
* ***
* * * *
3674
3492
3559
7992
5081
5999
2084
501 2
371 1
6159
2092
3566
3661
60
47 12
3 7 14
581 2
5812
221 1
3479
2085
2899
2531
7392
2834
615
2844
3069
3679
221 1
2824
3 7 14
3674
4833
505 1
3 7 14
3841
1311
7391
3552
3714
* * **
* * * *
5063
IN V E S T O R
VALUE
TY
508.3
4.9
12.5
AM
AM
NP
NP
OT
AM
NP
NP
PE
RE
RE
RE
OT
JV
JV
AM
OT
AM
AM
NP
NP
JV
JV
NP
PE
OT
OT
NP
JV
OT
NP
OT
PE
NP
JV
OT
NP
OT
AM
JV
OT
JV
El
NP
AM
AM
OT
NP
PE
JV
7.0
10.0
15.0
2.0
7.5
A.0
15.0
3.4
405 .0
25.0
.
25 . 0
20. 0
30. 0
1.0
1.5
3.0
1.5
4 .0
8.0
75.0
10 0 . 0
AM
300 . 0
7.5
NP
PE
RE
RE
OT
1987
FOREIGN
DIRECT
INVESTMENTS.
COMPLETED,
BY
US F I R M
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
T H R E E BOND CO
TIM E-O U T FAMILY AMUSEMENT C T .
TK E N T E R P R I S E CO
TNS M I L L S
TNS M I L L S IN C
TNS M I L L S IN C
TNS M I L L S IN C
TOFLE AMERICA INC
TOHO M U T U A L L . I . C .
T O K A I C ARBON
T O K I C O MFG CORP
TOKYO P R I N T I N G I N K US A
TOKYU AGENCY
T O K Y U WORLD T R A N S P O R T ( U S A I N C )
TOMASCO M U L C I B E R I N C
T O P C O N I N S T R U M E N T CORP OF AMR.
TOPPAN I N T E R A M E R I C A INC
T OP PAN P R I N T I N G CO ( A M E R I C A ) I N C
T O P Y CORP
TORAY I N D U S T R I E S
TORAY I N D U S T R I E S I N C
TOSEI OFFICE BLDG
TOSHIBA AMERICA INC
TOSO-HAAS
T O Y O T A MOTOR S A L E S I N C
T R A N S P A C I F I C C O N T A I N E R S E R V I C E CORP
TRANSLOADING TERMINAL PARTNERSHIP
T R I - C O N I N D U S T R I E S LTD
T R I M MASTERS IN C
TRW'S CAPACITOR D IV
TSUBAKIMOTO E N G I N E E R I N G OF AMER IN C
TT AMERICA INC
TWO P R U D E N T I A L T O W E R
U . S . N E W S & WORLD R E P O R T B L D G
U N I D E N CORP OF A M E R I C A
U N ID E N T IF IE D ALMOND ORCHARD
U N I T E D GLOBE N I P P O N I N C
U N IVE R SA L FASTENERS INC
USHIO IN C
V D Q - Y A Z A K I C OR P
VICON IN D U S T R IE S INC
V I S U A L COM M U N IC A TIO N S (B E L L & HOWELL)
V U T E Q C OR P
W A I K I K I BEACHCOMBER HOTEL
WASA E L E C T R I C A L S E R V I C E S
WE S T C O A S T F O R E S T P R O D U C T S I N C
WESTCOURT I N THE B U TTE S
WE STERLY PLACE
WESTERN GRAPHTE INC
W E S T E R N L I T H O P L A T E & S U P P L Y CO
WESTIN HOTEL
W E S T I N H OT EL S & RESORTS
W I L K E S B A S H F O R D FOR WOMEN
W1NDECKER I N C
Y AM A H A CORP OF A M E R I C A
Y A M A H A MOT OR MFG C O R P O F A M R .
JA
NAME
TS
SIC
FOREIGN
IL
VA
CA
AL
SC
SC
SC
PA
NV
NY
KY
CA
CA
CA
OH
NJ
GA
CA
KY
RI
OH
HA
CA
PA
MD
CA
CA
TN
KY
NE
TN
OR
IL
DC
TX
CA
IL
KY
OR
VA
NY
I L
KY
HA
HA
WA
AZ
CA
CA
MO
IN
WA
CA
NV
CA
GA
289 1
3999
5812
2287
228 1
228 1
228 1
3317
67 1 1
3624
3714
5161
731 1
4 7 12
3465
38 1 1
2754
2754
3 7 14
2282
2221
** * *
361 2
5161
50 12
4463
4463
2531
2399
3675
3531
3295.
** * *
** * *
3661
0173
3714
3963
3645
3824
3662
3861
321 1
70 1 1
17 3 1
242 1
* * * *
* * **
3573
2753
701 1
70 1 1
5621
3624
5099
3732
T H R E E BOND C O / C E M E D I N E CO
SEGA E N T E R P R I S E S L T D
TK E N T E R P R I S E CO L T D
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
T O F L E CO I N C
TOHO M U T U A L L . I . C .
T O K A I CARBON CO L T D
T O K I C O MFG CO L T D
T OK Y O P R I N T I N G I N K MFG CO
T OK Y U A D V E R T I S I N G A GE N CY I N C
T O K Y U CORP
MASUDA M A N U F A C T U R I N G CO L T D
T O Y O O P T I C A L CO L T D
T O P P A N P R I N T I N G CO L T D
T O P P A N * ' P R I N T I NG CO L T D
N I P P O N S T E E L CORP
TORAY I N D U S T R I E S IN C
TORAY I N D U S T R I E S I N C
T O S E I S H O J I CO L T D
T O S H I B A CORP
T O Y O SODA MFG CO
T O Y O T A MOTOR CO L T D
M I T S U I OSK L I N E S L T D
M I T S U I & CO L T D
T O K Y O S E A T CO L T D
T O Y O T A MOTOR CORP
S H I Z U K I E L E C T R I C CO L T D
T S U B A K I M O T O C H A I N CO
T O Y O T A N S O CO L T D
N I P P O N L . I . C.
SHUWA CORP
U N I D E N CORP
H O K U R I K U COCA COLA B O T T L I N G CO
NIHON T O K U S H U /H IR O T O N I/F U J IY O S H I
Y O S H I D A KOGVO KK
USHIO INC
Y A Z A K I S OGYO E T A L
C H U G A I B O Y E K I CO L T D
E l K I I N D U S T R I A L C O . , LTD
CHUBA I N D U S T R I E S CO L T D
A Z A B U B L D G CO L T D
K I N K I D E N K I KKK
S E K I S U I HOUSE LTD
S H I M I Z U G E N E R A L C O N S T R . CO E T A L
SHUWA CORP
G R A P H T E C CORP
M I T S U B I S H I C H E M IC A L I N D U S T R I E S LTD
KUMAGAI GUMI
A O K I C OR P
T A K A - Q CO L T D
N I P P O N S T E E L COR P E T AL
N I P P O N G A K K I CO L T D
N I P P O N G A K K I CO L T D
INVESTOR
V AL UE
16.8
25.0
65.0
20.0
13.0
7.0
15.0
15,0
213.0
20 . 0
35.0
4.0
2.0
6.0
8 0.0
1.2
48.0
3.0
13.0
3.8
2 .0
86.7
35.0
25 . 5
29.8
7 50.0
2.5
TV
NP
AM
OT
NP
NP
PE
PE
NP
OT
OT
NP
OT
OT
OT
NP
PE
NP
NP
PE
NP
NP
RE
OT
JV
PE
OT
OT
NP
JV
AM
NP
NP
RE
RE
NP
AM
JV
AM
NP
NP
AM
NP
NP
AM
AM
AM
RE
RE
PE
AM
RE
AM
AM
JV
OT
NP
122
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
i
COUNTRY
1987 F O R E I G N D I R E C T
NA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
KS
KS
KS
KS
KS
KU
KU
LS
NA
NA
NA
NA
NA
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
US
F IR M
I N V E S T M E N T S , C O MP LE TE D,
BV C O U N T R Y
NAME
Y A M A K A W A M A N U F A C T U R I N G C O R P OF A M E R I C A
Y A M A Z A K I MAZAK
Y A M A ZA K I MAZAK
Y A M A ZA K I MAZAK
YANASE & ASSOCS.
YAOHAN D E P T . STORE
Y O S H I D A K OG YO
Y U H S H IN ORSCHEN
YUMA I N D U S T R I E S IN C
Y US A CORP
1 0 0 W IL S H IR E BLVD
1 0 0 0 W IL S H IR E BLVD
101 C A L IF O R N IA ST
1 0 1 N . W A C K E R DR
1 8 2 1 DYER ROAD
2 0 2 5 M S T NW
2 2 5 W. WACKER D R I V E
2 6 5 F R A N K L IN ST
2 7 0 0 Y G N A C IO RD
3 H U T T O N C E N T E R DR
4 6 1 F IF T H AVENUE
6 6 6 F IF T H AVENUE
H Y U N D A I MOTOR A M E R IC A
K U N J A I N D U S T R I A L CO
SCHAUMBURG H Y U N D A I
SKC
SSANGYONG S H IP P IN G (U S A ) IN C
CHESAPEAKE S H IP P IN G IN C
O F F I C E PARK
W I L L I A M ' S CO D E N T A L D I V
B A L L - IN C O N G LA SS P A C K A G IN G C O R P .
N A T I O N A L B A N K OF G E O R G I A
P E R S H IN G H O TE L
SPEX GROUP IN C
S UA V E SHOE CORP
A M E R I C A N P A C I F I C COR P
B . DALTON BOOKSELLER CO.
BOOK ONE
B O R D E N ' S W Y L E R P O W D . S O F T D R I N K ^B U S.
C H E S E B R O U G H -P O N D ' S IN C
C OSTCO W H O LE S A LE CORP
D IS C L O S U R E IN C
E . T . H O R N CO
F IV E H IN D R E D BOYLSTON
FOCUS S E M IC O N D U C T O R CORP
F O K K E R A I R C R A F T USA
GULF S T A TE P A P E R 'S C O M P O S IT E M ATL D I V
H A Y D E N P U B L I S H I N G CO
H OLLAND COLOURS IN C
I N T L C H E E S E CO I N C
K L M /IN T E R E X
M E D IA RECORDS
MMP R E A L E S T A T E T R U S T
N E T H E R L A N D S F O R E IG N IN V E S T M E N T AGENCY
NEW P A R A H O C O R P ' S P R O P E R T Y
N O R T H A M E R I C A N P H I L I P S CORP
*
TS
S IC
TN
KY
IL
CA
IL
CA
CA
MI
IN
OH
CA
CA
CA
IL
CA
DC
IL
MA
CA
CA
NY
NY
GA
SC
IL
UN
NJ
DE
MA
NY
IN
GA
FL
NY
FL
CA
MN
CA
NY
CT
WA
MD
CA
MA
CA
GA
AL
NJ
VA
VT
NY
NY
MA
CA
CO
NY
3465
5084
5084
5084
7392
531 1
5031
3714
2843
3069
** **
****
****
*** *
****
**♦ *
***♦
****
****
****
****
*«**
5012
2253
551 1
5065
441 1
441 1
****
3843
3221
60
701 1
3832
3021
628
5942
7372
2087
2844
5141
7374
5084
*♦ **
3573
5 .088
2879
2721
2865
2022
451 1
731 )
6799
961 1
1311
3693
F O R E IG N
IN V E S T O R
YA M A K A W A I N D U S T R I E S
Y A M A Z A K I MAZAK CORP
Y A M A Z A K I MAZAK CORP
Y A M A Z A K I MAZAK CORP
V ANASE & ASSOCS
Y A O H A N D E P T S T O R E CO E T A L
Y O S H I D A K O G YO KK
M A Z D A M OTOR CO L T D
Y U S H IR O C H E M IC A L IN D U S T R IE S
Y A M A S H I T A R U B B E R CO L T D
A S A H I URBAN D EV CORP
S U M ITO M O L . I . C .
N I P P O N L I F E I N S CO
D A I - I C H I MUTUAL L . I . C .
HASEGAWA KOMUTEN
D A I —I C H I M U T U A L L . I . C .
T A I S E I C OR P
SHUWA T R U S T CO
M I T S U I FUDOSAN
N A N S A Y CORP
M I T S U I R E D E V CO L T D
S U M I T O M O R E A L T Y & D E V E L O P M E N T CO
H Y U N D A I CO L T D
K U N J A I N D U S T R I A L CO L T D
H Y U N D A I MOTOR CO L T D
S U N K Y O N G C H E M I C A L CO L T D
S S A N G Y ON G C O R P
K U W A IT , G O V 'T OF
U N ID E N T IF IE D IN V E S T O R S
I V O C L A R AG
T H Y S S E N - B O R N E M I S Z A G R O UP N V
C R E D IT & C O M M E R C IA L A M E R IC A N H O L D IN G S
Z E L M IA IN V E S T M E N T S NV
O V ER S EA S P R IV A T E E Q U I T I E S NV
CHASE US IN V E S T M E N T S NV
A M S T E R D A M -R O T T E R D A M BANK
VEN D EX I N T L NV
PAR A LA X SOFTWARE P U B L IS H E R S
U N IL E V E R NV
U N IL E V E R NV
CARREFOUR N EDERLAND BV
V E R E R N ID E NERDERLANDSE
P H S V A N OMMEREN NV
PGGM P E N S I O N F U N D S
M IP E Q U IT Y
N E T H E R L A N D S , GOVT OF
B L Y D E N S T E IN -W IL L IN K NV
VNU BV
H O LLA N D COLOURS APPELOOORM
T IE N S E S U IK E R IN T L BV
K LM R O Y A L D U T C H A I R L I N E S BV
VNU NV
P IE R S O N , H E L D R IN G & P IE R S O N
T H E N E T H E R L A N D S , G O V ' T OF
R O Y A L D U T C H S H E L L GRO UP
P H I L I P S NV
VALUE
TY
2 0 .0
NP
OT
OT
OT
OT
OT
OT
JV
JV
JV
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
RE
OT
NP
OT
OT
OT
OT
RE
AM
j V
AM
AM
AM
AM
AM
AM
OT
AM
AM
EI
AM
AM
RE
AM
PE
AM
.
.
.
.
.
1 .5
1 2 .7
7 0 .0
1 4 5 .0
5 6 0 ,0
.
1 1 .0
4 6 .4
5 0 ,0
1 0 0 .0
1 6 .3
4 2 .5
500
0
'
5 .0
5 0 .0
1 .5
.
1 .0
3 1 0 0 .0
3 8 .9
1 7 0 .0
5 .0
AM
NP
AM
JV
AM
3 7 .0
6 8 0 .0
JV
OT
AM
EI
1987
FOREIGN
NA
US
FIRM
INVESTMENTS,
COMPLETED,
BY
NAME
O C E - B U S I N E S S SYSTEM INC
O I L LEASES ( 8 4 )
O R GAN ON T E K N I K A CORP
PALISADES
RADIO-HOLLAND
RADIO-HOLLAND
S H E F F IE L D E NT ER P RIS ES INC
SU M M IT O F F I C E SUPPLY INC
T E L E X C OR P
U N I O N TE XAS PETROLEUM HOLD. I N C ' S PROPS.
VENDEX P A C I F I C INC
V I D E O S T A T I O N I N C , TH E
V ON G A H L E N CO
WE ST E RN I N D U S T R I A L MOVERS I N C
W IN D S TA R S A I L C R U I S E S LTD
E L K E M - A M E R I CAN C A R B I D E CO
E X - C E L L - 0 PA C K A GI N G SYSTEMS D I V
MITROL INC
STATOIL
A M C A S T I N D U S T R I A L CORP
A ME R ON I N C
A S S O C IA T E D HOSTS I N C .
A U S T R A L IA -N E W ZEALAND CONTAINER L IN E
A U S T R A L IA -N E W ZEALAND D IR EC T L IN E
BENEQUITY HOLDINGS
B O I S E CASCADE BLDG
C A L M A T CO
DEE FOREST PRODUCTS IN C
EVEREST & JEN N IN G S IN C .
E XC HA NGE BLDG
F R A W L E Y C OR P
H O L M E S , DH CO
INTERMARK INC
N O R TH WE S TE RN S T A T E P O R T L A ND CEMENT
O G L E B A Y N O R T O N CO I N C
R E S E R V E O I L & M I N E R A L S CORP
SM ITH IN T L INC
S O L - A I R E S A L T & C H E M I C A L CO
S T E E G O C OR P
T R I T O N E N E R G Y CORP
U N I O N S P E C I A L CORP
W I L C O X BLDG
W R A T H E R CORP
6 2 1 S . W . A D L E R BLDG
A R A B I A N S H I E L D D E V E L O P M E N T CO
C E N T R U S T S A V I N G S BANK
COLUMBUS HOT EL
F R E E D O M TOWER
H A R K E N O I L & GA S I N C
H Y A T T REGENCY HOTEL
M C A L L IS T E R HOTEL
P H I L L I P S ESTATE
REPCO I N C
T E X A S O I L & C H E M I C A L CO I N C
BENCH CRAF T I N C
A M E R I C A N A G G R E G A T E S CORP
*
COUNTRY
TS
SIC
FOREIGN
CT
LA
NC
GA
CA
OR
AK
NY
OK
TX
NY
CA
TN
CA
Fl
DE
MI
MA
NY
OH
CA
CA
CA
CA
CA
OR
CA
OR
CA
OR
CA
LA
CA
I A
OH
NM
CA
UT
FL
TX
IL
OR
CA
OR
TX
FL
FL
FL
TX
FL
FL
DC
FL
TX
MS
OH
7379
1311
3841
* ** *
5063
5063
70 1 1
5112
3573
1311
3573
7394
3499
4 2 13
44 1 1
2 8 19
3545
7372
5172
3321
3479
581 2
44 1 1
44 11
67 1 1
* * * *
1442
2499
3842
* ** *
3951
53 1 1
5013
3241
4431
1094
3533
2899
5013
1311
3636
* * * *
671 1
★ * * *
1011
602
701 1
* * * *
1311
701 1
701 1
* * * *
3662
291 1
251 2
1442
O C E - V A N DER G R I N T E N
R O Y A L D U T C H S H E L L GROUP
A K Z O NV
PGGM P E N S I O N F U N D S
K O N I N K L I J K E N E D L L O Y D G R O E P . NV
K O N I N K L I J K E N E D L L O Y D GROEP NV
HOLLAND AMER ICA L I N E S
B U H R M A N N - T E T T E R O D E NV
M EMOR E X I N T L NV
R O Y A L D U T C H S H E L L GROUP
V E N D E X I N T L NV
C A R O L C O I N V E S T M E N T S BV
VON G A H L E N
R O Y A L N E D L L O Y D GROUP NV
H O L L A N D A M E R I C A L I N E T R U S T NV
ELKEM A / S
E L O P A K AS
ANDERS WI LH E LM SE N
N OR WA Y , G O V ' T OF
C H A S E COR P L T D
B R I E R L E Y , R O N A L D A . E T AL
B R I E R L E Y , RON E T AL
NEW Z E A L A N D » G O V ' T OF
NEW Z E A L A N D , G O V ' T OF
R E N O U F CORP
COMMERCIAL S E C U R I T I E S LTD
B R I E R L E Y , R O N A L D A . E T AL
H A Y L O C K , OWEN F ET AL
B R I E R L E Y , RON E T AL
COMMERCIAL S E C U R I T I E S LTD
B R I E R L E Y , RON E T AL
B R I E R L E Y , RON E T AL
B R I E R L E Y , RON E T A L
B R I E R L E Y , RON E T AL
B R I E R L E Y , R O N A L D A . E T AL
B R I E R L E Y , R O N A L D ET AL
B R I E R L E Y , R O N A L D E T AL
B R I E R L E Y , RON E T A L
B R I E R L E Y , RON E T A L
B R I E R L E Y , R O N A L D E T AL
B R I E R L E Y , RON E T A L
C OMMERCIAL S E C U R I T I E S LTD
B E I E R L E Y , RON E T AL
COMMERCIAL S E C U R I T I E S LTD
AL Z U H A I R , HARB S AL EH
PHARAON, G H A I T H H
DAHLAWI F A M I L Y
DAHLAWI F A M IL Y
T R A C O I N T E R N A T I O N A L NV
DAHLAWI F A M I L Y
DAHLAWI F A M I L Y
H A R IR I, RAFIK
K O S T A N T I N I D I S , ANDREW
I B N A B D U L L A H I B N A B D U L , K HALED
Z U N G , R O N A L D B E I FA N & Y V O N N E
O P P E N H E I M E R , HARRY F . & F A M I L Y
INVESTOR
VALUE
56.0
25 . 0
9 11.0
83 . 0
2.0
7.6
2 .2
12.7
1.9
178 . 1
110.4
1.0
17.9
8 .7
5 .6
8 .2
76.0
3. 3
2 .0
16.6
7.5
17.5
15.0
16.5
13.0
1.9
3 .2
242 . 0
TY
OT
AM
PE
RE
OT
OT
AM
AM
AM
AM
OT
AM
OT
AM
AM
JV
AM
El
OT
El
El
AM
OT
OT
AM
RE
AM
JV
El
RE
AM
El
AM
El
AM
El
El
AM
AM
El
AM
RE
AM
RE
El
AM
AM
RE
El
AM
AM
RE
AM
AM
El
AM
12k
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NL
NO
NO
NO
NO
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
NZ
SA
SA
SA
SA
SA
SA
SA
SA
SA
SA
SN
SO
DIRECT
1^87 F O R E I G N D I R E C T
F IR M
I N V E S T ME NT S.
COMP LE TE D,
BV C O U N T R Y
NAME
NA
US
SO
SO
SO
SO
SO
SO
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SW
SY
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
E A S T E R N GA S & F U E L A S S O C C O A L P R O P E R T I E S
E NG ELH A R D CORP
G T I CORP
GAS G A T H E R IN G S YS T EM S IN C
N EW M O N T M I N I N G C O R P
W E S T E R N G O L D E X P L O R A T I O N & M I N I N G CO
ADVANCED TOBACCO PRODUCTS IN C
A L L IS C H A L M E R S ' S O L ID PRO C . E Q U IP D IV
A M B E R F I L E CO
BECKERS L A Y -T E C H
CALMAR IN C
C H I C A G O P N E U M A T I C S T O O L 8. E Q U I P D I V
E Q U IT A B L E E N S K IL D A JV
E R IC S S O N
G O O D A L L R U B B E R CO
G O O D A L L R U B B E R CO
G O O D A L L R U B B E R CO
K A B IV IT R U M
L E F E B U R E CORP
MOHAWK P A P E R M I L L S I N C
M U N TE R S CORP
N A T I O N A L R O L L CO
P H A R M A C IA V E N T U R E S IN C
S K A N D IA L I F E A M E R IC A CORP
T E L I U SA
U N I V E R S A L P A P E R GO OD S CO I N C
V OLVO NORTH A M E R IC A
V O L V O -G M H E A V Y TR U C K CORP
V O L V O -G M H E A V Y TR U C K CORP
1 4 5 5 E . B U R N S I D E KD
A D IA S E R V IC E S
A V IA T IO N S E R V IC E O R G A N IZ A T IO N
BALLY IN C .
B E S N IE R A M E R IC A N IN C
B I R D I N C / S U L Z E R ESCHER WYSS V E N T U R E
B LA SER S W IS S L U B E IN C
CHASE E C O N O M E T R IC S IN C
C I B A - G E I G Y CORP
COMPUTER ASSOCS I N T L IN C
COMPUTER T E R M IN A L SYSTEM S IN C
CONTRAVAS M E D IC A L IN S T R U M E N T S
CWS C OR P
D E LA R U E G I O R I OF AMER I N C
E . J . B R A C H CORP
E M S -TO G O C O R P .
F IR M E N IC H IN C
FURANE PRODUCTS CO.
GOLD K IN G C O N S O L ID A T E D IN C
G R E Y A D V E R T I S I N G ' S C H I C A G O O FC
I N T E R N A T I O N A L T I M E CORP
K AY J E W E L E R S I N C
KONNEX CORP
L . E . C A P E N T E R 'S ASSETS
LAND ( 7 7 A C R E S )
LYON & H E A LY HARPS IN C
MCC POW ERS D I V
TS
S IC
FO R E IG N
WV
GA
CA
TX
NY
CO
TX
WI
IL
TN
CA
NY
TN
TX
NJ
CA
CA
NC
IA
NY
MO
PA
CA
CT
GA
CA
GA
OH
NC
OR
CA
MA
NY
CA
MA
NY
PA
DE
NV
NY
MA
OR
DC
IL
MI
NJ
CA
CO
IL
CT
VA
IL
OH
GA
IL
IL
1211
1455
3674
5172
1021
1041
2131
3532
2645
2396
3079
3545
621 1
3661
3041
3041
5085
7391
3499
2621
2899
3559
5161
631 1
5065
2645
5013
371 1
7549
****
7362
5599
5661
2022
2952
2992
7392
2616
7372
3573
5047
3599
3555
2065
2819
2869
2821
1382
73 1 1
5094
5944
3699
2649
« * ♦*
3931
3622
O P P E N H E IM E R , HARRY F . & F A M IL Y
O P P E N H E I M E R H A R R Y F . 8. F A M I L Y
V E N TE R , W IL L IA M
O P P E N H E IM E R , HARRY F . & F A M IL Y
O P P E N H E IM E R , HARRY F . & F A M IL Y
O PPEN H EJM ER , HARRY F . & F A M IL Y
P H A R M A C I A AB
B O L I D E N AB
E S S E L T E AB
B E I J E R I N V E S T M E N T AB
I N V E S T M E N T B E I J E R AB
A T L A S C O P C O AB
S K A N D IN A V IS K A E N S K IL D A BANKEN
LM E R I C S S O N T E L F O N AB
T R E L L E B O R G G U M M I N F A B R I K S AB
T R E L L E B O R G G U M M I N F A B R I K S AB
T R E L L E B O R G G U M M I N F A B R I K S AB
SVENSKA STA TEN
I N T E R I N N O V A T I O N AB
S T O R A K O P P A R B E R G S B E R G S L A G S AB
I N C E N T I V E AB
AB I N T E R F I N A N S
P H A R M A C I A D E V E L O P M E N T CO
S K A N D I A I N T ' L H O L D I N G S AG
T E L I AB
E S S E L T E AB
V O L V O AB
V O L V O AB
V O L V O AB
J A L L A D , , MAMOOR
P E S T Z L O Z Z I, M .O *
JE T A V IA T IO N
O E R K IL O N -B U H R L E H O L O IN G S
B E S N I E R SA
G E B R U D E R S U L Z E R AG
BLASER S W IS S LU B E
WE F A S S O C I A T E S
C I B A - G E I G Y CORP
H A E F N E R , WALTER
S E D IO NV
CONTRAVAS M E D IC A L IN S T R U M E N T S
G E B R . S U L Z E R AG
G IO R I,G U A L T IE R O
C O L I M A H O L D I N G AG
E M S - T O G O AG
U N I D E N T I F I E D S W IS S IN V E S T O R S
C IB A . G E IG Y CORP.
W O H N L IC H . M A R T IN J .
GKK H O L D I N G S AG
SMH S W I S S C O R P FO R E L E C T R O N I C S
B UCHERER. JOERG G.
KONNEX
F O R B O AG
C I B A - G E I G Y CORP
L E S A R T M E C A N I Q U E SA
L A N O I S & GVR H L D G AG
IN V E S T O R
VALUE
2 4 .0
6 .0
4 6 .0
1 5 5 1 .0
8 0 .0
3 .0
9 7 .9
.
1 5 .0
,
8 5 .5
.
3 .5
7^0
6 9 .0
1 4 .4
.
3 .0
.
3 0 .0
.
4 .5
2 3 .5
0! 5
9 .3
1 .0
.
.
0. 1
.
TY
AM
PE
AM
EI
EI
OT
AM
AM
OT
NP
EI
AM
JV
OT
EI
OT
AM
PE
AM
JV
NP
AM
NP
OT
OT
AM
NP
NP
PE
RE
EI
NP
PE
NP
JV
NP
AM
NP
AM
AM
OT
AM
OT
730! 0
1 .5
2 5 .0
AM
NP
NP
AM
AM
AM
AM
AM
OT
37 .C
6. 0
•3 2 .5
AM
RE
AM
AM
M
V-n
987 F O R E I G N DI R E C T
NA
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
SZ
TD
TW
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
US
F IR M
INVESTMENTS,
CO MP LETED,
NAME
M E T A L C A R B I D E CORP
N A T IO N A L LEGAL S E R V IC E S
N ET W O R K S E C U R I T Y CORP
P R O F E S S IO N A L S E R V IC E IN D S IN C
R A YM ON D A U T O M A T I O N CO
S H E A FFE R EATON D I V I S I O N
S P E C T R A -P H Y S IC S IN C
S T E N D IG /V IT R A J O IN T VENTURE
T S IN D U S T R IE S IN C
T E C A N U SA L T D
ZEVATECH
W E S T I N D I E S S H I P P I N G CORP
R E G I T A R POWER T O O L S
A B D IC K
A E IN C
A F C
IN C
AC & R / D H B & B E S S
ADT IN C
AEROSPACE A V IO N IC S IN C
A I R C O / I N D U S T R I A L GASES
ALCO GRAVURE IN C
A L E X A N D E R P R O U D F O O T CO
ALEXON
A L F R E D D U N H I L L OF LON D O N I N C
A L L IA N C E P L A S T IC S IN C
A L L IE D S IG N A L S N EPTUNE IN T L U N IT
ALMADEN V IN E Y A R D S IN C
A M E R I TECH C O M M U N IC A T IO N S IN C
A M M IR A T I & P U R IS IN C .
ANA TEC H I N C ' S E N V IR O N M E N T A L D I V
A P - D O W J O N E S / T E L E R A T E CO
A T L A N T I C S C I E N T I F I C COR P
AUD
A V I A GROUP I N T L I N C .
B & R I N T ' L IN C
B P PERFORMANCE POLYMERS I N C .
B A R B E R - C O L M A N CO
B A R C L A Y S BA N K S U B S I D I A R Y
B A R N E B E Y - C H E N E Y CO
BAUSCH & L O M B S ' O P H T H A L M IC D I V
BAUSCH & LOM BS' O P T IC A L D IV
BEDFORD A S S O C IA T E S IN C
BERK
B I B A U D I O V I D E O P R D T S USA
B L U E ARROW
B LY TH E I N D U S T R I E S IN C
B O E IN G C O 'S H Y D R A U L IC U N IT S IN C
BORM AN, GRAY I N T L IN C
BP M I N E R A L S A M E R I C A
B PA G R O U P
B R IT IS H KHAKI
B R IT IS H TELECOM IN T L
BROCK G RE EN A S S O C S .
BURTON I N D U S T R I E S IN C
C A B LEC CORP
C A L U M E T M FG CO
BY CO UNTRY
TS
S IC
FO R E IG N
OH
NY
TX
IL
CT
MA
CA
NJ
CA
NC
NC
FL
AL
IL
IN
MN
NY
NY
NY
DE
NJ
FL
NY
NY
PA
NJ
CA
CA
NY
IN
NY
FL
NY
OR
GA
NJ
IL
NY
OH
NY
NY
CT
NY
CO
NY
NC
CA
GA
UT
CA
CA
CA
GA
RI
NY
NJ
3291
8111
5999
7392
5084
2648
381 1
2521
3079
5086
5084
441 1
3546
3579
3592
3079
731 1
3679
3662
2813
2754
7392
5621
561 1
3079
3824
2084
5084
731 1
7391
7351
3643
7362
3149
641 1
3079
3822
62 1 1
2819
3851
3832
7379
5632
3651
7362
161 1
3728
7361
1021
7392
5621
5065
731 1
3679
3357
3079
H A R M E T A L L AG
G E S S A CORP L T D
I N S P E C T O R A T E I N T E R N A T I O N A L SA
I N S P E C T O R A T E I N T E R N A T I O N A L SA
S W I S S I N D U S T R I A L CO
G E F I N O R SA
C I B A G E I G Y CORP
V I T R A AG
F OR C O NV
T E C A N AG
B A C H O F E M AG
W E S T I N D I E S S H I P P I N G CORP
M O B IL ET R O N E L E C T R O N IC S
G E N E R A L E L E C T R I C CO P LC
A E PLC
S H E L L T R A N S P O R T & T R A D I N G CO P LC
S A A T C H I BROTHERS
H A W L E Y G R O UP P LC
HAWKER S I D D E L E Y GR OUP PLC
BOC I N T E R N A T I O N A L P L C
M AXW ELL, ROBERT
B R IT A N N IA H O L D IN G S PLC
A L E X O N GROUP P L C
ROTHMANS I N T L PLC
BUNZL PLC
SCHLUMBERGER LTD
G R A N D M E T R O P O L I T A N P LC
E R S K I N E H O U S E P LC
BOASE M A S S IM P O L L I T T PLC
O C E A N T R A N S P O R T & T R A D I N G P LC
U N I T E D K I N G D O M , G O V T OF
B O W TH O R P E H L D G S P L C
H E S T A IR PLC
R OBERT S T E P H E N S H O L D IN G S PLC
S A L E T I L N E Y P LC
U N I T E D K I N G D O M , G O V T OF
S IE B E PLC
B A R C L A Y S BA N K P L C
S U T C L I F F E SPEAKMAN
C A M B R I D G E I N S T R U M E N T S CO P LC
C A M B R I D G E I N S T R U M E N T S CO P L C
U K , G O V T OF
B ERK, HARVEY F A M IL Y
K EL SE Y IN D U S T R IE S PLC
B L U E ARROW P L C
A L F R E D M C A L P IN E PLC
DOW TY GR O UP
B L U E ARROW P L C
U N I T E D K I N G D O M , G O V ' T OF
U K , G O V T OF
L IG H T O N , R.
U N I T E D K I N G D O M , G O V T OF
S A A TC H I BOTHERS
C O N T R O L T E C H N I Q U E S P LC
B IC C PLC
M E T A L BOX PLC
IN V E S T O R
VALUE
1 .8
1 0 5 .0
135. 2
3 1 0 .0
3 0 .0
6 .0
7 1 5 .0
2 8 .0
5 0 .0
7 7 .5
200 .0
1 2 8 .0
7 .5
3 1 .8
57 .9
5 .7
2 0 .0
2 2 7 .0
3 .0
42 .5
1 0 .4
TY
AM
AM
AM
AM
AM
AM
El
JV
AM
NP
OT
OT
NP
PE
NP
AM
OT
AM
AM
NP
AM
AM
OT
PE
AM
AM
AM
AM
AM
AM
El
AM
AM
AM
AM
PE
AM
OT
AM
AM
AM
AM
OT
OT
OT
AM
AM
AM
OT
OT
OT
OT
AM
AM
El
NP
1907 F O R E I G N D I R E C T
INVESTMENTS,
COMPLETED,
BY C O U N T R Y
NA
US F IR M
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
C A M C O IN C
C A M P C R E E K B U S IN E S S C T R
C A R LETO N GROUP
C A S E Y C O M M U N IC A T IO N S M G M T .
C H E M C L E A R IN C
C IR C O N C O R P
C L A R O S T A T M FG CO IN C
C L E V E L A N D C O N S U L T IN G A S S O C IA T E S
C L IF F FREEM AN & PARTNERS
C O L L I N S F O O D S E R V IC E IN C
COLO R S Y S TE M S TEC HN O LO G Y IN C .
C O M A R T A S S O C IA T E S I N C .
COM M O NW EALTH B LDG
COM PUTER PRO D UC TS
C O N N E C T R O N IN C
C O N T E L B U S IN E S S S Y S T E M S
C O R P O R A T E D A T A S C IE N C E S IN C
C R IM E C O N T R O L IN C
CYCLO PS CO RP.
D A T A C U M B E R L A N D S E R V IC E S
D A T A M E T R IC S O P E R A T IO N S
D A T A T E L IN C
D A U P H IN D I S T R I B U T I N G S E R V IC E S
DA W SO N IN T E R N A T IO N A L U SA
D 1 G IO R G IO C O R P
D IA L IN F O IN C .
D IV E R S IF IE D P R IN T IN G CORP
D O N J O Y IN C
O O N O G H U E 'S M O N E Y F U N D R E P O R T E T A L
Q R X .I(* C
D U R K EE FR E N C H FOO DS
D Y R O T E C H N IC S P E C IA L T I E S IN C
E L E C T R O N IC S P E C IA L T Y P R O D U C T S IN C
E M E R A L IN C
E M E R A L D S T O R A G E C O R D E L E IN C
E M H A R T C O R P 'S S H O E M CH Y O P E R .
F A M IL IA N CORP
F A S T F R A M E C A L I F O R N I A IN C
F I R S T A F F I L I A T E D S E C U R IT IE S
F I R S T J E R S E Y N A T IO N A L
F I R S T T E M P O R A R IE S IN C
FORM A S C I E N T I F I C D I V .
FO U R W IN D S E N T E R P R IS E S IN C
F U T U R E S GROUP IN C .
G A R S T S E E D CO
G E ' S A DVANCED LA SER TECHNO LO G Y
G E N E R A L S H A LE P R O D U C TS CORP
G IL B A R C O IN C
GKN A U T O M O T IV E C O M P O N E N T S
G R E E N S C R E E K M IN E
G R O D Y T E L L E N C O M M U N IC A T IO N S
H A K U H O D O A D V E R T IS IN G A M E R IC A IN C
H A M IL T O N C O N C R E T E P R O D U C T S
H A R D E E 'S
HARDEE' S
H A R P E R & ROW P U B L IS H E R S IN C
NAME
TS
S IC
F O R E IG N
TX
GA
NY
MI
PA
CA
NH
OH
MI
CA
CA
NY
VA
FL
NJ
NY
CA
IN
PA
KY
DE
NJ
PA
NY
CA
CA
NY
CA
MA
CO
NJ
OH
NV
MA
GA
CT
CA
CA
CA
NJ
MA
OH
CA
CT
HA
NY
IN
NC
MI
AK
CA
NY
TN
DC
DC
NY
3533
** **
3023
7392
4953
3679
367B
7392
7 3 11
5142
7395
7392
**♦ *
3679
3643
7392
3573
7393
521 1
7374
3629
3662
5149
5632
2037
7392
2754
3642
2721
1311
2099
2899
5944
1542
5159
3559
5074
5999
621 1
60
7362
381 1
4712
7392
5191
3662
3251
3586
3714
1044
7392
731 1
PEARSO N PLC
L A IN G P R O P E R T IE S
FR GROUP P LC
S H A N D W IC K P L C
N E W A R T H IL L P L C
B OC G R O U P P L C
H A W K ER S ID D E L E Y G R O U P P L C
S A A T C H I BROTHERS
S A A TC H I BROTHERS
B U N ZL PLC
RAM SOEN, TERENC E
ROTHM ANS IN T L P LC
LADBROKES
U N IT E C H P L C
H A W K ER S ID D E L E Y G R O U P P L C
HAW LEY GROUP PLC
T E L F O S H LD G S PLC
HAW LEY GROUP
D IX O N S G R O U P P L C
A P P A L A C H IA N C O M P U T E R S V C S I N C .
BOC P L C
D O W TY G R O U P P L C
N A T IO N A L F R E IG H T C O N S O R T IU M P L C
D AW SON IN T E R N A T IO N A L P L C
M IM G R O U P L T D E T A L
U N IT E D K IN G D O M , G O V T . OF
M AXW ELL. ROBERT
S M IT H & N EP H EW A S S O C S CO P LC
I N T * L B U S IN E S S C O M M U N IC A T IO N S H O L D .
U N IT E D G U A R A N T E E P L C
R E C K IT T & CO LM A N P LC
I M P E R IA L C H E M IC A L IN D U S T R IE S P LC
W A L T E R J A C O B & CO L T D
EG ERTO N T R U S T
Q U E A L L Y F A M IL Y
A B L E K IN D L T D
W O LSE LE Y PLC
F A S T F R A M E F R A N C H IS E S L T D
B EK H O R , JONATHAN E .S .
N A T IO N A L W E S T M IN S T E R B A N K GRO UP
H E S T A IR P L C
P H IC O M P L C
N A T IO N A L F R E IG H T C O N S O R T IU M P LC
S A A T C H I BROTHERS
I M P E R IA L C H E M IC A L IN D U S T R IE S P LC
F E R R A N T I PLC
M ARLEY PLC
G E N E R A L E L E C T R IC CO P L C
G U EST, KEEN. NETTLEFOLD
U N IT E D K IN G O O M . G O V 'T OF
S A A T C H I BROTHERS
S SC & B : L IN T A S W O R LD W IO E
M A R S H A L L S H A L L IF A X P LC
B A T IN D U S T R IE S P L C
B A T I N D U S T R IE S P LC
W I L L IA M C O L L IN S P L C
3272
5812
5812
2731
IN V E S T O R
VALUE
TY
7 2 .0
7 5 .0
26. 1
El
RE
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
RE
A'M
AM
AM
AM
AM
AM
OT
AM
AM
AM
OT
AM
AM
AM
AM
AM
AM
OT
AM
AM
9 .0
3 0 .8
2 .0
4 0 .0
2 .3
1 9 .8
.
.
.
.
4 0 .6
3 6 4 .0
1 .2
.
4 0 .0
.
3 5 0 .0
PLC
1 .8
0 .5
.
2 9 .3
6 .0
1 1 5 .0
9 9 .2
AM
OT
AM
AM
OT
AM
8 2 0 .0
.
5 6 .0
11 .0
2 5 0 .0
10.0
AM
AM
AM
AM
AM
OT
AM
NP
AM
NP
JV
AM
JV
AM
2 2 .8
OT
OT
AM
1987
FOREIGN DIRECT
INVESTMENT , . COMPLETED. B /
NA
NAME
US
F IR M
H A R S H A W /F IL T R O L P A R T N E R S H IP
H A V E R P R I O E F A R M S ET AL
H E A L T H IM A G E S IN C
HEERV IN T L IN C .
H E R M E T I C A I R C R A F T I N T L CORP
H E U B L E IN IN C
H E U B L E I N ' S R&D C E N T E R
H O L ID A Y IN N S ( 7 )
HOLYROOD LTD
H O U O A IL L E I N D U S T R I E S IN C
I C I ADVANCED M A T E R IA L S
I C I PHARMA
I C I ' S CARODEL S P E C IA L T Y R E S IN S
ID C S E R V IC E S IN C
IN T E R L O X A M E R IC A
I N T E R S I M { G M IJ
I N T L S I G N A L & C O N T R O L GROUP I N C
I R D M E C H A N A L Y S IS IN C
I R T R E A L T Y S E R V IC E S IN C
J . L . S H I E L Y CO
J . P . S T E V E N S ' W I D E E L A S T I C F A B R I C B US
J I M D A N D Y CO I N C
JOHN A . FRYE CO.
J O Y 'S OZONE IN D U S T R IE S
JW T G R O U P ( J W A L T E R T H O M P S O N J
K A I S E R A L U M I N U M & C H E M I C A L CORP
K A IS E R CEMENT
K E N C O P E E N E R G Y COS
K E N T E L E C T R O N I C S CORP
K I L G O R E COR P
K IM B E R L Y S E R V IC E S IN C
K IN G F IS H E R P R IN T S
K IN G S B R O O K COUNTRY E S T A T E S
KUEHNE & NAGEL
L . D . B R I N K M A N ' S C A R P E T & F LO O R U N I T
LAND
LAND ( 2 0 . 5 A C R E S )
L A U R E N C E , C H A R L E S , F R E E & LAWSON
L E A R S I E G L E R A S T R O N I C CORP
L E A R S I E G L E R A V I O N I C S S Y S T E M S CORP
L E A R S I E G L E R D E V E L O P M E N T S C I E N C E S CORP
L E A R S I E G L E R I N S T R U A V I O N I C S Y S T E M S ' CORP
L E A R S I E G L E R I N T E R N A T I O N A L CORP
L E E R A Y - T A R A N T I N O CO
L IN E A R F IL M S IN C
L IQ U O R BARN C H A IN
L I T I G A T I O N S C IE N C E S IN C
LONDON K IT C H E N S
M / A COM L A S E R D I O D E I N C
M ANPOW ER I N C
M A R T IN P R O C E S S IN G IN C
M A T H E W S C O N V E Y E R CO
M C C A L L P A T T E R N CO
M E R C H A N T S HOME D E L I V E R Y S E R V I C E I N C
METERMASTER
M E T R O O I L & C H E M I C A L CORP
TS
OH
AL
GA
GA
NY
CT
CT
FL
CA
Fl
AZ
DE
NC
I L
TX
OK
PA
OH
GA
MN
VA
GA
MA
NV
NY
CA
CA
TX
TX
TN
KS
NC
NJ
WA
TX
NC
CA
NV
CA
NJ
CA
MI
CT
CA
OK
CA
CA
OH
MA
WI
VA
KY
NV
CA
CA
NJ
S IC
F O R E IG N
2819
5 113
808 l
89 1 1
5088
2084
2087
70 1 1
78 12
3293
7399
5 161
282 1
7399
2 8 19
3699
3662
3829
6552
14 4 2
224 1
2047
3 143
3532
73 1 1
3353
3241
1389
5065
2899
807 ]
5199
** * *
47 12
5023
* * * *
** * *
731 1
3728
3728
7391
3662
5088
5148
3079
5921
7392
521 1
3674
7362
2221
3568
2741
4212
5161
5161
C LO R E , ALAN
N O R T H E R N FO O D S PLC
L E W IS , R . J .
B I C C P LC
W E S T L A N D P LC
GRAND M E T R O P O L I T A N P L C
GRANO M E T R O P O L I T A N P L C
BASS PLC
S C O T T IS H T E L E V IS IO N
T I GROUP P LC
I M P E R I A L C H E M I C A L I N D S P LC
I C I C H E M I C A L I N D U S T R I E S P LC
I M P E R I A L C H E M I C A L I N D S P LC
B R I T A N N I A ARROW H O L D I N G S
LAPORTE IN D S /S O L V A V C IE
BET PLC
F E R R A N T I PLC
DOB SON PARK I N D U S T R I E S
P A D U L L I t LUCA
E N G L IS H C H IN A CLAYS PLC
COURTAULDS PLC
GR A N D M E T R O P O L I T A N P L C
ROBERT STEP H EN S H O L O IN G S
BBA G R O U P P L C
WPP G R O UP P L C
C LO R E , ALAN
HANSON T R U S T PLC
NEW L ON D O N O I L P L C
M E R C U R Y I N T L G R O UP P L C
ASTRA GROUP PLC
GRAND M E T R O P O L IT A N IN C
K IN G F IS H E R P R IN T S LTD
T R A F A L G A R H O U S E G R O UP
R OW LA ND t R O L A N D W .
J O H N C R O W T HE R G R O U P P L C
U . K . IN V E S T O R S
C O S T A I N G R O UP
LOWE H O W A R D - S P I N K & B E L L P L C
G E N E R A L E L E C T R I C CO P L C
S M IT H S IN D U S T R IE S PLC
G E N E R A L E L E C T R I C CO P L C
S M IT H S IN D U S T R IE S PLC
S M IT H S IN D U S T R IE S PLC
A L B E R T F I S H E R G R O UP
S C O T T I S H A M I C A B L E L I F E A S S U R . SOC
M A J E S T IC W IN E WAREHOUSE L T D
SAA TC H I BROTHERS
MAGNET & SOUTHERN PLC
M ORGAN C R U C I B L E CO P L C
B L U E ARROW P L C
C O U RTAULDS PLC
BABCOCK I N T L PLC
J O H N C R OW T HE R G R O UP P L C
N A T IO N A L F R E IG H T C O N S O R T IU M PLC
HAWKER S I D D E L E Y P L C
S IM O N E N G IN E E R IN G PLC
IN V E S T O R
v
Al u E
Tv
AM
AM
.
am
5 .5
4 .2
1 2 0 0 .Q
8 .0
1 7 5 .0
2 .4
5 0 0 .0
2 0 .0
AM
AM
AM
OT
AM
OT
AM
NP
NP
PE
AM
NP
P LC
AM
2 4 .2
1 .3
7 3 .0
2 5 .0
PLC
5 6 6 .6
1 5 1 .8
2 5 0 .0
5 .6
1 .4
El
AM
.
.
5 7 .0
0 -4
2 4 .8
.
.
.
2 5 .0
.
1 0 0 .0
•
.
2 0 .5
1 3 5 0 .0
1 0 0 .0
3 6 .6
6 3 .0
9 .8
.
AM
AM
AM
AM
AM
AM
AM
AM
AM
*
AM
AM
AM
AM
i
OT
RE
OT
AM
RE
JV
AM
AM
AM
AM
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
AM
AM
AM
AM
AM
128
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
COUNTRY
19 8 7 F O R E I G N D I R E C T
NA
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
US F IR M
I N V E S T M E N T S , C O M P L E T E D , BY COUNTRY
NAME
M ETRO WASTE S E R V IC E IN C
M ID W E S T C O A T IN G S
M IR E X CORP
M I T C H E L L D I S T R I B U T I N G CO
MODERN B R ID E
MOLECULAR D E S IG N LTD
M O R E T T I-H A R R A H MARBLES C A L C IU M
MORSE TO O L C U T T IN G
M O U N T A IN O PTECH
M U L T I-U S E PROJECT
NMR C E N T E R S I N C
ONE N IG H T S TA N D IN C
ONE WESTWOOD
O P T IM E L E C T R O N IC S CORP
O R B IT SEARCH S E R V IC E S
O W E N S -C O R N IN G F IB E R G L A S S H IT C O
P A N A D O L ' S C I T R U S GROVE
P A N A V IS IO N IN C
P E A T A S S O C IA T E S OF A M E R IC A
PENGO W IR E L IN E
P E R IM E T E R TECHNO LOGY IN C
P E T E R S O N & CO
P E T E R S O N GROUP.
P HO TO L A B E L S USA
P L A Z A WEST
PLESSEY
PO LYCLAD L A M IN A T E S IN C
P O R T E R P A I N T CO
P O T O C K It JO S E P H & ASSOCS IN C
P R O F IT SYSTEM S IN C
R A L P H S Q U I R E S HOMES
RANCO IN C
RA N O A LL P H I L L I P S B U IL D E R S IN C
RANGER ROVER OF N O . A M E R IC A
R E E C E CORP
R E E S E C O M M U N I C A T I O N S COS I N C
R EFLEC TO NE IN C
R EN T-A -C EN TE R S
REU TE R S IN F O R M A T IO N S E R V IC E S
R E V E R E CORP
R E V L O N I N C ' S V I S I O N CARE D I V
R EXHAM CORP
R O G E R S & COWAN I N C
S A A T C H I & S A A T C H I DSF
S A A T C H I & S A A T C H I GR O U P ONE
S CHENLEY IN D U S T R IE S IN C
S C IA K Y BROTHERS IN C
SCM C H E M I C A L S I N C
S E C U R IT Y TAG SYSTEMS IN C
SHAW S U P E R M A R K E T I N C
S IM O N MCGARY P U B L IC R E L A T IO N S
S L A C K & P A R R H Y D R A U L I C C OR P
S M I T H & W E S S O N C OR P
SO C K S H O P
SOMERSET COURT
S O U T H W E S T E R N E N G I N E E R I N G CO
PRDTS
D IV
D IV
*
TS
S IC
FL
KS
TX
NC
NY
CA
AL
MA
CO
GA
CA
NY
CA
MD
VA
CA
CA
CA
MN
TX
CT
IL
FL
IL
VA
FL
NH
KY
CA
NY
NC
OH
TN
CA
MA
VA
FL
KS
NY
CT
NY
NC
CA
NY
NV
NY
IL
OH
FL
MA
CA
SC
MA
NV
MA
CA
4953
2893
5999
5082
2721
7372
3281
3545
5065
B071
7299
***♦
3573
7372
3764
0174
3861
1499
1389
3573
7392
4953
3861
** **
5065
2891
2851
7392
4731
1521
3822
152 1
5012
3636
7392
3662
7394
7351
3822
3851
2641
7392
731 1
731 1
2085
3623
2816
3662
541 1
7392
3569
3484
5621
3661
FO R E IG N
IN V E S T O R
ATTWOODS PLC
U K , G O VT OF
E R S K IN E H O U S E PLC
BLACKWOOD HODGE PLC
REED I N T E R N A T IO N A L PLC
MAXWELL, ROBERT
E N G L IS H C H IN A C LA Y PLC
I N T L T W IS T D R IL L HLDGS LTD
F E R R A N T I PLC
LONDON & LE EO S ET AL
LYNBURG NV
D O N IG E R . JOANNA
B U R N E T T & H A L L A M S H IR E GROUP
BOWTHORPE HLDG S PLC
MAXWELL , ROBERT
U K , G O VT OF
U N I D E N T I F I E D UK I N V E S T O R S
L E E , BENNY
F IT Z G E R A L D , R E G IN A L D ET AL
J O H N WOOD G R O U P P L C
N E X T PLC
S A A TC H I BROTHERS
ATTWOODS PLC
S & M P R O C E S S IN G LTD
LADBROKES
P L E S S E Y CO P L C
COOKSON P LC
COURTAULDS PLC
CLA R K E HOOPER IN C
L E P GROUP P LC
C .H .B E A Z E R H O L D IN G S
S IE B E PLC
C .H .B E A Z E R H O L D IN G S
U K . G O V T OF
C A M E L L IA IN V E S T M E N T LTD
W PP G R O U P P L C
U N IT E D K IN G D O M . G O V T .O F
TH O R N - E M I P L C
R EUTERS H O L D IN G S PLC
OO B SON P A R K I N D S P LC
P I L K I N G T O N B R O T H E R S P LC
B OW AT ER I N D U S T R I E S P L C
S HA N D W IC K PLC
S AA TC H I BROTHERS
S A A TC H I BROTHERS
G U IN N E S S PLC
F E R R A N T I P LC
HANSON I N D U S T R I E S PLC
A U T O M A T E D S E C U R I T Y ( H L D G S ) P LC
S A I N S B U R G J . P LC
S H A N D W IC K PLC
S L A C K & PAR R L T D
H U T C H I N G S . GR E GOR Y
SOCK S H O P I N T L P L C
LO N D O N & E D I N B U R G H RE D E V CO
S E N I O R E N G I N E E R I N G G R O UP P LC
VALUE
TY
1 .6
4 .5
AM
AM
AM
AM
AM
AM
AM
AM
AM
RE
AM
OT
RE
AM
AM
AM
AM
AM
OT
AM
OT
AM
AM
NP
RE
OT
AM
AM
AM
AM
AM
AM
AM
OT
EI
AM
AM
AM
OT
AM
AM
AM
AM
OT
OT
AM
AM
NP
EI
EI
AM
OT
AM
OT
6 3 .7
5 9 .0
2 5 .0
8 .0
0 .5
5 0 .0
2 4 0 .0
1 5 0 .0
4 2 .0
1 0 .0
6 7 .0
.
7 4 .0
1 4 0 .0
1 5 .0
1 3 .2
1 5 0 .0
6 .7
2 8 .0
5 9 4 .0
1 2 .8
5 7 4 .0
2 2 6 .0
1 5 .0
4B0 . 0
1 8 .0
4 .0
261 . 5
1 1 2 .5
2 .5
RE
AM
1987 F O R E I G N D I RE CT
NA
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
UK
VE
VE
VE
US
F IR M
IN VE STMENTS.
COMPLETED,
NAME
SPECTRUM HOLOBYTHE
S T A N D A R D O I L CO
S T A N D A R D - C O O S A T H A T C H E R CO
S T E E L OF W E S T V I R G I N I A I N C
S T E R L I N G E X T R U D E R CORP
S T E R L IN G IN C
S T E W A R T “ WA RNER CORP
S TO C K M A N & A S S O C S I N C
S U M M IT AT SOUTHLAKE
S W A C O /G E O LO G R A P H P IO N E E R
TACO V IL L A RESTA U R A NTS
T A L E N T TR EE TE M P O R A R IE S IN C
T A R G E T IN G SYSTEM S IN C
TEAM S E R V IC E S IN C
THE I N T E L L I G E N T TOY STORE
T H IM B L E S
T I F F A N Y & CO
T IP T O N CENTERS IN C
TUCK E N G IN E E R IN G IN C
U N IG A T E RESTAURANTS
U N I S O F T GR OUP
U S I L IG H T IN G
VACUUM IN D U S T R IE S IN C
V A L S P A R M EBON
V A N D YK A S S O C S . I N C
V A R IE T Y IN C
VESTA TECHNOLOGY IN C
V I N I N G S IN D U S T R IE S IN C
WARD M A N A G E M E N T CORP
WE I S S t P E C K & GR E E N
WELGREN M FG . I N C .
W E LLIN G TO N HOTEL
W E S T E R N G E A R CORP
W I L L IS & G E IG E R
W I N S O R & NEW TON
X -R A Y T E C H N O L O G IE S IN C
ZENO O F F IC E SYSTEM S
C H A M P L I N R E F I N I N G CO
N A T I O N A L P I P E AN D T U B E CO
THE BABYLON
BV COUNTRY
TS
S IC
FO R E IG N
CO
OH
TN
WV
NJ
OH
IL
CT
GA
TX
TX
TX
VA
GA
GA
IL
NY
MO
IN
TX
CA
CA
MA
MN
DC
NY
FL
GA
MA
NY
RI
NY
WI
NV
NJ
CA
TX
TX
TX
FL
7372
291 1
2204
3312
3549
5499
3679
7392
*
3533
5 8 12
7362
7392
7361
5945
5621
391 1
5722
7392
581 2
7371
3645
3567
5161
7392
2721
4953
2819
7361
672
739 1
70 1 1
3566
2339
3299
3693
500 1
29 1 1
33 12
* * **
M AXW ELL, ROBERT
U N I T E D K I N G D O M , G O V ' T OF
T O O T A L GR OUP PLC
R O T H S C H I L D , JA C O B
B A K ER P E R K I N S P LC
R A T N E R GROUP P L C
B TR P LC
S A A T C H I BROTHERS
C .H .B E A Z E R H O L D IN G S
J O H N WOOD GR OUP P LC
U N I G A T E P LC
H E S T A I R P LC
WPP GROUP PLC
H E S T A I R PLC
J O H N M E N Z I E S PLC
B A T I N D U S T R I E S P LC
MERCHANT NAVY O F C . P E N S IO N
D I X O N S P LC
R IC A R D O C O N S U L T IN G & E N G IN E E R IN G
U N IG A T E PLC
P R O V I N C I A L GROUP P LC
H A N SO N T R U S T P LC
T H E R M A L S C I E N T I F I C PLC
U K , G O V T OF
S A A TC H I BROTHERS
R E E D I N T E R N A T I O N A L P LC
A TTW O O D S P L C
LAPORTE IN D S H O L D IN G S PLC
H E S T A IR PLC
L L O Y D S BA N K P L C
W E L L C O M E F O U N D A T I O N PLC
S E E B A , SAMUEL
L U C A S I N D U S T R I E S P LC
ASHLEY F A M IL Y
R E C K I T T & COLM AN P L C
U E I PLC
E R S K I N E H O U S E GROUP P LC
V E N E Z U E L A , G O V ' T OF
C A S T E L L V I . JO H N
VENEZUELAN R .E .C O
VALUE
IN V E S T O R
7 9 9 2 .0
4 0 .0
2 1 0 .0
2 0 0 .0
4 5 .0
.
1 9 .8
1 8 .6
3 0 .4
PLC
.
5 0 .0
2 .0
33 .0
67 .5
20 . 0
2 .0
1 1 0 .0
9 0 .0
9 .0
TY
AM
El
AM
AM
AM
AM
AM
AM
RE
JV
AM
AM
AM
AM
NP
OT
AM
AM
AM
OT
AM
AM
AM
JV
AM
AM
AM
AM
AM
AM
JV
AM
AM
AM
NP
AM
AM
AM
AM
RE
O
I
APPENDIX C
LIST OF INVESTMENT TRANSACTIONS
BY
STATE LOCATION
1 -> d 7
FOREIGN
TS
US
DIR E C T
FIRM
IN VE STM E N TS
T R AN S A C T I ON h . COM P L E T E r .
NAME
-i
V
ST/.7
SI C
FOREIGN
3339
2869
10 4 4
10 4 1
3546
****
#* * *
DERLAN I N D U S T R I E S LTD
ROHM GMBH C H E M I S C H E F A B R I K
U N I T E D K I NGO OM, G O V ' T OF
ECHO BAY M I N E S L T D
CANADIAN P A C I F I C LTD
I D E M I T S U KOSAN CO L T D
HOLLAND AMERICA L I N E S
B E A U L I E U T U F T I N G NV
D E G U S S A AG
FEDMUHLE,
N O B L E AG
B L Y D E N S T E I N “ W I L L I N K NV
NO RT HE RN FOODS P L C
M A T S U S H I T A E L E C IND CO L T D
KNAUF F I B E R G L A S S
KUREHA C H E M I C A L I N D / H O E C H S T AG
QUAT RO L T D
M I T S U B I S H I C H E M I C A L I NDS L T D
E N G L I S H CHINA C LAY PLC
NTN TOYO B E A R I N G CO L T D
MOB I L ETRON E L E C T R O N I C S
TSUZUKI
S P I N N I N G CO L T D
P R E C I S I O N M E C A N I Q U E L A B I N A L SA
ELECTROHOME LTD
DAIWA S T E E L T U B E I N D U S T R I E S CO L T D
YAMATO KOGYO CO L T D
P R E C I S I O N M E C A N I Q U E L A B I N A L SA
TNT LTD
T A I Y O R E A L E S T A T E CO L T D
S H I M I Z U LAND C ORP
FUJI
E L E C T R I C CO L T D
N I P P O N S T E E L C ORP
O R I E N T L E A S I N G CO E T A L
I M P E R I A L C H E M I C A L I NDS P L C
RYOBI L T D
N I S S A N MOTOR CO L T D
NI HON K A I H E I K I
I N D U S T R I E S CO L T D
B ANK OF NOVA S C O T I A
RYOBI LTD
TAIYO R . E . C O . L T D .
S H I M I Z U G E N E R A L C O N S T R . CO E T A L
CA
CA
CA
CA
(IXI:Z)
A T & E CORP
A - M HOME S
ADIA S E R VI C ES
A K A S H I C M E M O R I E S C ORP
A L M A D E N V I N E Y A R D S I NC
561 1
366 1
152 1
7362
3679
2084
D ' URBAN
H A T T O R I S E I K O CO L T D E T
JENNINGS I N T ' L LTD
P ESTZLO ZZI, M.0.
K U B OT A L T D
GRAND M E T R O P O L I T A N P L C
ALPS E L E C T R I C
ALSTHOM INC.
AMANO A M E R I C A
3573
372 1
3579
ALPS ELECTRIC
FRANCE t GOVT.
CA
CA
A MDA HL C ORP
AMERICAN I N D U S T R I A L
CA
CA
CA
CA
CA
A M E R I C A N P A C I F I C C OR P
AMERICAN P A C I F I C MINT I NC ,
T HE
A M E R I T E C H C O M M U N I C A T I O N S I NC
628
AMANO C ORP
F U J I E L E C T R I C CO L T D
T O Y O T A MOTOR CO L T D
A M S T E R D A M - R O T T E R D A M BANK
3356
5084
FORUM R E I N S U R A N C E
E R S KI NE HOUSE PLC
AMERON I NC
AP ARTMENT BLDG
3479
****
BRIERLEY,
RONALD A .
HOPEWELL HOLDINGS
AK
AK
AK
AK
AK
AK
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AL
AR
AR
AR
AR
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
AZ
CA
CA
CA
CA
CA
S P E C I A L T Y METAL FABRICATOR
CVRO I N D U S T R I E S
G R E E N S C R E E K MI N E
K E N S I N G T O N GOL D P R O P E R T Y
RED DOG MI NE
RO C K Y MT E N E R G Y C Q / I D E M I T S U
KOSAN
j v1
SHEFFIELD ENTERPRISES
INC
B E A U L I E U OF A M E R I C A
D E G U S S A C ORP
DYNAMI T NOBEL C H E M I C A L S
G U L F S T A T E P A P E R ' S C O M P O S I T E M A T l DIV
H A V E R PR I DE F A R MS ET A L
J V C MAGNE P R D T S OF A M E R I C A
KNAUF F I B E R G L A S S
KV C H E M I C A L S I NC
L A S E R V I D E O I NC
MITSUBISHI
C H E M I C A L CO
M O R E T T I - H A R R A H M A R BL E S C A L C I U M PRDTS DIV
N T N - B O WE R C ORP
R E G I T A R POWER T O O L S
TNS M I L L S
T R W ' S MOTOR D I V
B R I N K L E Y MOTOR P R O D U C T S CO
C E N T U R Y T U B E C ORP
NUCOR C O R P / Y A M A T O KOGYO CO V E N T U R E
TRW' S CI NCH CONNECTORS
A M E R I C A WEST A I R L I N E S
I NC
B E S T A M E R I C A N R E A L T Y GP
CAMELBACK ESPLANADE
F U J I T S U G T E B U S I N E S S S V S T E M S I NC
G T X C ORP
HYA TT REGENCY HOTEL
I C I ADVANCED M A T E R I A L S
I N E R T I A D Y N A M I C S C ORP
N I S S A N R E S E A R C H & DE V C ORP
NKK S W I T C H E S OF A M E R . I NC
PLUM C R E E K
RYOBI
E L E C T R I C T O O L MF G I NC
THE C ROS SI NGS
W E S T C O U R T IN T H E B U T T E S
CO
MF G
I NC
MFG.
SVCS.
10 3 1
12 11
70 1 1
228 1
2 8 19
28 19
2879
5113
3679
3296
2899
3652
2873
328 1
3562
3546
2287
3519
362 1
3 3 17
33 12
3679
45 1 1
6531
****
3674
3573
70 1 1
7399
3524
739 1
5063
****
3573
3694
INVESTOR
CO
OF
AL
LTD
CO
LTD
ET
AL
NA
TY
CA
GE
UK
CA
CA
JA
NL
BE
GE
GE
NL
UK
JA
GE
JA
AS
JA
UK
AM
JA
TW
JA
FR
CA
JA
JA
FR
AS
JA
JA
JA
JA
JA
UK
JA
JA
JA
CA
JA
JA
JA
JA
JA
AS
SZ
JA
UK
JA
FR
JA
JA
JA
NL
BD
UK
NZ
HK
JV
JV
JV
JV
JV
AM
NP
PE
PE
AM
AM
PE
NP
NP
AM
PE
AM
El
NP
NP
AM
AM
PE
JV
AM
AM
OT
RE
JV
AM
AM
NP
AM
OT
El
RE
OT
RE
RE
OT
AM
AM
El
AM
AM
NP
NP
PE
El
NP
AM
AM
AM
El
RE
VAL U E
10.0
20 . 0
12.0
23. 1
50.0
13.0
55.5
2.0
25 . 0
25 . 0
8 .0
85 . 8
3 1.8
200 . 0
8 .0
50.0
20.0
13.3
25.0
18.5
300 . 0
35.0
19.0
30 . 0
9 .3
15.0
128.0
14.3
7.5
12.7
15.0
1967 F O R E I G N O I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY
TS
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
US
F IR M
NAME
ARCO R & D IN S T I T U T E
A R M A N I, G IO R G IO
A R R O W H E A D D R I N K I N G W A T E R CO
A S A H I B R E W E R IE S USA IN C
A S S O C IA T E D HOSTS IN C .
A U S T R A L IA -N E W ZE A LA ND C O N T A IN E R L IN E
A U S T R A L IA -N E W ZEALAND D IR E C T L IN E
A V E N T IN E
BAKER SM I THERM AL SYSTEM S
BANK OF PALM S P R IN G S
B E N E Q U IT Y H O L O IN G S
B E R N A R D E P P S & CO
B E S N IE R A M E R IC A N IN C
BEVERLY H IL L S HOTEL
BEVERLY W IL S H IR E HOTEL
B IL T M O R E HO TEL
B O E IN G C O 'S H Y D R A U L IC U N IT S IN C
B O N W IT T E L L E R
BOOK ONE
BPA GROUP
B R IT IS H KHAKI
B R IT IS H TELECOM IN T L
CALAY SYSTEMS IN C
C A L C O M P 'S SYSTEM S D IV
C A L IF O R N IA
C A L I F O R N I A BANK BLOG
CALMAR IN C
C A L M A T CO
C A P R I SUN
C H E V R O N U S A I N C / N I P P O N O I L CO V E N T U R E
C l YOKOYAMA IN C
C IN E P L E X -O D E O N
C IP H E R DATA PRDTS I N C ' S PLANT
C IR C O N CORP
C I T I Z E N SYSTEM S IN C
C L O R O X CO
C O L L IN S F O O D S E R V IC E IN C
COLOR SYS TEM S TECHNO LOGY I N C .
C O R N /P O K K A
CORPORATE DATA S C IE N C E S IN C
CST C O M M U N IC A T IO N S IN C
CUE P A G IN G
D A IH A T S U A M E R IC A
D A I S Y F R E S H CORP
DANA COMPUTER IN C
OECRATREND P A IN T S
D I G IO R G IO CORP
D IA L IN F O IN C .
D I L L I N G H A M C O N S T R U C T IO N CORP
D IV E R S IC O M N A T IO N W ID E P A G IN G
DONJOY IN C
D O R IC /M IT S U I JV
E . T . H O R N CO
EL C A M IN O BANK
EL RANCHO VER D E COUNTRY CLUB
E N G IN E E R E D M A G N E T IC S IN C
S IC
F O R E IG N
7391
5611
5149
2082
5812
441 1
441 1
F E R R U Z Z I GROUP
A R M A N I, G IO R G IO
S O U R C E P E R R I E R SA
A S A H I B R E W E R IE S LT D
B R I E R L E Y , R ON E T A L
NEW Z E A L A N D , G O V ' T OF
NEW Z E A L A N D , G O V ' T OF
S H I M I Z U C O N S T R U C T I O N CO L T D E T A L
S U M IT O M O M ET A L I N D U S T R I E S L TD
M I T S U B I S H I BANK LTD
R EN O UF CORP
KAW A SA K I S T E E L CORP
B E S N I E R SA
B R U N E I , S U L T A N OF
REGENT HOTELS
FOUR S EA S O N S H O T E L S L T D
D OW TY G R O U P
H E R S C U , GEORGE
P AR A LA X SOFTWARE P U B L IS H E R S
U K , GO VT OF
L IG H T O N , R .
U N I T E D K IN G D O M , G O VT OF
A G IV
IS I-C A D
P A C K E R , KERRY
T O S H IU CORP
I N V E S T M E N T B E I J E R AB
B R IE R L E Y , RONALD A . ET AL
W I L D CO
N I P P O N O I L CO L T D
Y O K O Y A M A E L E C T R I C W O R K S / C I T O H CO
D R A B IN S K Y , G ARTH. ET AL
A L P S E L E C T R I C CO L T D
BOC G R O U P P L C
C I T I Z E N W A TC H CO L T D
H E N K E L KGAA
BUNZL PLC
RAMSDEN, TERENCE
POKKA CORP
T E L F O S HLDGS PLC
C I T O H / S U N T O R Y L T D / T O K Y O BROAOWAY
N O K IA CORP
T O Y O T A MOTOR C O . L T D .
SOURCE P E R R IE R
KUBOTA L T D
F R A N C E , G O V T OF
M IM GROUP L T D E T AL
U N I T E D K I N G D O M , G O V T . OF
S H I M I Z U C O N S T R U C T I O N CO L T D
N O K I A OY AB
S M I T H & N E P H E W A S S O C S CO P L C
M I T S U I & CO L T O
P H S VAN OMMEREN N V
P R A T T G R O UP
N I T T O KOGYO CO L T D
F L E E T A E R O S P A C E COR P
3317
60
67 1 1
5051
2022
701 1
701 1
701 1
3728
531 1
7372
7392
5621
5065
3573
3577
2721
3079
1442
2033
1311
5043
7813
3622
3679
3661
2842
5142
7395
2099
3573
7812
3663
5012
2022
3573
2851
2037
7392
1541
3662
3?4 2
1521
5084
60
7992
3629
IN V E S T O R
NA
TY
VALUE
IT
IT
FR
JA
NZ
NZ
NZ
JA
JA
JA
NZ
JA
SZ
BX
HK
CA
UK
AS
NL
UK
UK
UK
GE
GE
AS
JA
SW
NZ
GE
JA
JA
CA
JA
UK
JA
GE
UK
UK
JA
UK
JA
FI
JA
FR
JA
FR
UK
UK
JA
FI
UK
JA
NL
AS
JA
CA
AM
OT
AM
OT
AM
OT
OT
RE
JV
AM
AM
EI
NP
AM
AM
AM
AM
OT
OT
OT
OT
OT
AM
AM
AM
RE
EI
AM
NP
JV
NP
OT
AM
AM
OT
EI
AM
AM
JV
AM
JV
AM
OT
AM
AM
AM
AM
AM
AM
AM
AM
JV
AM
AM
AM
AM
1 2 .0
2 5 0 !o
0 .9
1 .9
1 5 5 .0
1 5 .0
178. 1
1 .7
1 .0
2 0 0 .0
1 2 9 .0
2 9 .9
4 2 .5
.
1 1 .3
1 1 0 .4
1 0 0 .0
.
6 .0
1 0 .0
9 .0
1 .0
4 0 !o
2 .3
.
2 0 .0
2 .0
.
5 .0
7 .5
Id87 FO R E I G N D I R E C T
TS
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
US F I R M
IN V E S T M E N T S T R AN SA CT I O N S ,C O M P L E T E D ,0Y
NAME
ERNST PAUL LEHMANN
EVEREST & JE N N IN G S IN C .
F A M I L I A N CORP
FASTFRAM E C A L IF O R N IA IN C
F IR S T A F F IL IA T E D S E C U R IT IE S
F O C U S S E M I C O N D U C T O R CORP
FO OTWORK CORP
FO U R W I N D S E N T E R P R I S E S I N C
F R A W L E Y CORP
F U J I T S U - T E N CORP
FURANE PRODUCTS CO.
G T I CORP
G O O D A L L R U B B E R CO
G O O D A L L R U B B E R CO
GR A D C O S Y S T E M S I N C
G R E E N FO O D S CORP
GROOY T E L L E N C O M M U N I C A T I O N S
H A L R OA C H S T U D I O S I N C
H A R BO R B AY C O M M U N I T Y
H E N K E L R E S E A R C H CORP
H I CHEM D I A G O N I S T I C S I N C
H IL L C R E S T CENTRE
H I T A C H I B U T S U R Y U CO
H I T A C H I IN S T R U M E N T S IN C
H I T A C H I ' S M A R K E T IN G SYSTEM S D I V .
HOLYROOD LTD
H ON D A N O R T H A M E R I C A I N C
HOTEL
ID E T E K IN C
I D M /K O W A B U S S A N J V
IM AT RO N IN C
IN N O V A T IV E S IL I C O N TECHNOLOGY
IN T E R M A R K IN C
I R V I N E C O M M E R C IA L CENTER
I R V I N E S C I E N T I F I C S A L E S CO
I S U Z U M O T O R S CO
J . M A G N IN BLDG
JAMES H A R D IE BLDG PRDTS IN C
K A I S E R A L U M I N U M & C H E M I C A L CORP
K A I S E R C E M E N T CORP
K A IS E R S T E E L T U B IN G IN C
K A ME YA M A C A N D L E CO
K O M A T S U F O R K L I F T MFG CO USA
LA C O L O N N A D E
LA C O S T A H O T E L & S PA
LAND ( 2 0 . 5 A C R ES)
L A N G L E Y CORP
L A P IN E TE C HN O LO G Y CORP
L E A R S I E G L E R A S T R O N I C CORP
LEAR S IE G L E R D EV E LO P M E N T S C IE N C E S
L E E R A Y - T A R A N T I N O CO
L E V I N M E T A L S CORP
L IQ U O R BARN C H A IN
L I T I G A T I O N S C IE N C E S IN C
LOEWE
LU TH ER M E D IC A L PRODUCTS IN C
CORP
S IC
F O R E IG N
IN V E S T O R
5042
3B42
5074
5999
621 1
3573
5146
471 2
3951
357 1
2821
3674
5085
304 1
3579
2041
7392
7814
* * **
7391
2819
** * *
47 12
38 1 1
7372
781 2
501 2
701 1
7391
1521
3693
3674
501 3
* * * *
283 1
371 t
* * * *
3275
3353
3241
3312
3999
3537
+* * *
701 1
* * * *
3728
3573
3728
7391
5148
5093
5921
7392
5948
3841
L E H M A N N P A T E N T W E R K E EP
B R I E R L E Y , RON E T A L
W O LSELEY PLC
FASTFRAME F R A N C H IS E S LTD
BEKHOR, JONATHAN E . S .
M IP E Q U IT Y
FOO TW ORK CORP
N A T IO N A L F R E IG H T C O N S O R TIU M PLC
B R I E R L E Y , RON E T A L
F U J I E L E C T R I C CO L T D
C IB A , G E IG Y CORP.
VEN TER , W IL L IA M
T R E L L E B O R G G U M M I N F A B R I K S AB
T R E L L E B O R G G U M M I N F A B R I K S AB
C I T O H & CO L T D E T A L
G R E E N FO O D S CORP
SA A TC H I BROTHERS
Q U IN T E X LTD
M I T S U I & CO
H E N K E L K FA A
E L A N CORP P L C
P U L T U S K IE R .J O S E P H
H I T A C H I LTD
H IT A C H I LTD
H IT A C H I LTD
S C O T T IS H T E L E V IS IO N
HONDA MOTOR CO L T D
M IT S U B IS H I HEAVY IN D U S T R IE S
NOV O I N D U S T R I A / S
KOWA B U S S A N E T A L
M I T S U I & CO L T D
I T A L Y , G O V T OF
B R I E R L E Y , RON E T A L
SHUWA CORP
N I P P O N M I N I N G CO
IS U Z U MOTORS L T D
U N ID E N T IF IE D IN V E ST O R
JAMES H A R D IE IN D U S T R IE S LTD
C LO R E, ALAN
HANSON T R U S T PLC
M I T S U I & CO L T D
K AMEYAM A C A N D L E CO L T D
K O M A TS U L T D
C H I Y O D A T R A D I N G CO
S P O R T S S H I N K O CO
C O S T A I N GR O UP
F L E E T A E R O S P A C E CO
K Y O C E R A CORP
G E N E R A L E L E C T R I C CO P LC
G E N E R A L E L E C T R I C CO PLC
A L B E R T F I S H E R GROUP
PEK O -W ALLSEND LTD
M A J E S T IC W IN E WAREHOUSE L TD
S AA TC H I BROTHERS
V U IT T O N . L O U IS
D A V I E S , FRED S
NA
TY
GE
NZ
UK
UK
UK
NL
JA
UK
NZ
JA
SZ
SO
SW
SW
JA
JA
UK
AS
JA
GE
El
GE
JA
JA
JA
UK
JA
JA
DA
JA
JA
IT
NZ
JA
JA
JA
JA
AS
UK
UK
JA
JA
JA
JA
JA
UK
CA
JA
UK
UK
UK
AS
UK
UK
FR
CA
OT
El
AM
OT
AM
AM
OT
AM
AM
NP
AM
AM
AM
OT
AM
NP
AM
AM
RE
OT
AM
RE
OT
OT
PE
OT
OT
AM
AM
JV
AM
OT
AM
RE
AM
NP
RE
NP
El
AM
AM
NP
NP
RE
AM
JV
AM
AM
AM
AM
AM
AM
AM
AM
OT
AM
VALUE
1 .0
9 9 .2
s !o
6! 0
.
1 1 .0
3 3 .6
3 .0
5 .2
5 .0
2 .4
.
1 1 .0
2 .0
1 0 .9
3 .6
7 .0
7 .5
2 5 .0
1 5 1 .8
2 5 0 .0
2 .5
3 .0
1 6 .0
2 5 0 .0
2 .7
2. 1
.
2 5 .0
1 0 0 .0
1. 1
1987 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BV S T AT E
TS
US
F IR M
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
MAERSK L IN E
MARKHAM W IN E R Y
M ASTER IM A G E S IN C
M AZDA MOTOR CORP
M E R C H A N T S HOME D E L I V E R Y S E R V IC E IN C
MERKSAMER JEW E LE R S
M E S Q U IT E COUNTRY CLUB
METERMASTER
M IK U N I CORP
M IP S COMPUTER SYSTEM S
M I T S U B I S H I ' S A U T O M O T IV E A IR
M 1 Z U H O M E D I CO
MOLECULAR D E S IG N LTD
M O R I T E X CO
M U L H O L L A N D E S T A T E S DEV
M U L T I-U S E PROJECT
NBK CORP
N E C H OM E E L E C T R O N I C S U SA I N C
N E T H E R L A N D S F O R E IG N IN V E S T M E N T AGENCY
NEW M E I J I G R O U P C O S
NGK M E T A L S CORP
NGK S P A R K P L U G S USA I N C
N IH O N -K O H D E N CORP
N IS S A N MOTOR CORP PAR TS D I V
N I S S E I E L E C T R I C CO
NMR C E N T E R S I N C
N O R TH FO LK P R O D U C T IO N S IN C
OCEAN CON. C A R R IE R S /D A IN IC H I TSUUN JV
O F F IC E BLDG
O F F IC E BLDG
O F F IC E BLDG
O F F IC E BLDGS
O F F IC E BLDGS ( 2 )
O K I S EM IC O N D U C T O R IN C
O N E W ESTW OO D
ONODA USA
O W E N S -C O R N IN G F IB E R G L A S S H IT C O D IV
P A N A D O L ' S C I T R U S GROVE
P A N A T E C H ' S S E M IC O N D U C T O R D I V
P A N A V IS IO N IN C
P A R TE K CORP
P H A R M A C IA V EN T U R E S IN C
P H A R M E T R IX CORP
P H A S E S I I & H I AT C I T I C O R P
P LA NT C ELL RESEARCH IN T L
PLAYMATE TOYS
P O L Y -O P T IC A L PRODUCTS IN C
P O T O C K I* JO S E P H & ASSOCS IN C
P R O F E S S IO N A L BLDG
R A D IO -H O L L A N D
R A N G E R R O V E R OF N O . A M E R I C A
RB I N D U S T R I E S I N C
R IC O H E L E C T R O N IC S IN C
RO BERT DOLLAR BLDG
R O G E R S & COWAN I N C
RPC I N D U S T R I E S IN C
NAME
S IC
F O R E IG N
4463
2084
3699
5012
4212
5944
7997
5161
7391
3573
3585
7391
7372
5086
****
¥ ** *
3674
5081
961 1
5812
5051
3694
3693
5013
5065
8071
7819
4712
****
* * * *
** **
* * **
**♦ *
3674
****
5039
3764
0174
3674
3861
5053
5161
7391
****
7391
3944
3832
7392
A . P . M O E LLER GROUP
SANRAKU IN C
BRONFMAN F A M IL Y T R U S T S
MAZDA MOTOR CORP L T D
N A T IO N A L F R E IG H T C O N S O R T IU M PLC
H E R S C U , GEORGE
M O R R Y CO
HA W K ER S I D D E L E Y P L C
M I K U N I CORP
KUBOTA L T D
M IT S U B IS H I HEAVY IN D U S T R IE S LTD
M I Z U H O M E D I CO L T D
MAXW ELL, ROBERT
M O R I T E X CO L T D
U N I D E N T IF IE D IN V E S T O R S
C H A N . LAWRENCE ET AL
K AW ASAKI S T E E L CORP
NEC CORP
T H E N E T H E R L A N D S , G O V ' T OF
CHUO BUSS A N CORP
NGK I N S U L A T O R S L T D
N G K S P A R K P L U G CO L T D
N IH O N - K O H D E N CORP
N I S S A N M OTOR CO L T D
N I S S E I E L E C T R I C CO L T D
L Y N B U R G NV
D R A B IN S K Y , GARTH ET AL
D A I N l C H I T S U U N CO L T D
Y O S H I D A K O S A N CO L T D
M I T S U I FUDOSAN
M A T S U B A R A C O N S T R U C T I O N CO
SHUWA C O R P
M AR U C H A N I N C
O K I E L E C T R I C I N D U S T R Y CO L T D
B U R N E T T & H A L L A M S H I R E GR O UP
ONOOA C E M E N T CO L T D
U K , G O V T OF
U N I D E N T I F I E D UK I N V E S T O R S
R I C O H CO L T D
L E E , BENNY
P A R T E K AB OY
P H A R M A C I A D E V E L O P M E N T CO
R E C O R D A T I S PA
M I T S U B I S H I R E A L E S T A T E CO L T D
F E R R U Z Z I GROUP
PLAYMATE TOYS
M I T S U B I S H I R A YO N CO L T D
CLARKE HOOPER IN C
G I N G I I N V E S T M E N T CO E T A L
K O N I N K L I J K E N E D L L O Y D G R O E P . NV
U K , G O V T OF
YEARPLEDGE LTD ET AL
R I C O H CO L T D
KUGA YA S H O J I CO L T D
S H A N D W IC K PLC
M AR U B E NI CORP ET AL
5063
5012
5713
3861
* +**
7392
3662
IN V E S T O R
NA
TY
DA
JA
CA
JA
UK
AS
JA
UK
JA
JA
JA
JA
UK
JA
HK
HK
JA
JA
NL
JA
JA
JA
JA
JA
JA
UK
CA
JA
JA
JA
JA
JA
JA
JA
UK
JA
UK
UK
JA
UK
FI
SW
IT
JA
IT
HK
JA
UK
JA
NL
UK
AS
JA
JA
UK
JA
OT
AM
AM
OT
AM
PE
AM
AM
NP
AM
PE
NP
AM
OT
RE
RE
PE
OT
OT
AM
OT
PE
OT
PE
OT
AM
OT
JV
RE
RE
RE
RE
RE
PE
RE
OT
AM
AM
AM
AM
OT
NP
JV
RE
AM
NP
AM
AM
RE
OT
OT
AM
NP
RE
AM
AM
VALUE
e !o
37 ! 5
e !o
9 .8
2 5 .0
5 9 .0
2 0 0 .0
1 !s
3 .0
0 .5
6 .0
2 0 0 .0
8 .0
1 0 0 .0
8 .5
.
.
2 4 0 .0
.
5 0 .0
1. 1
1 5 0 .0
.
.
.
1 .0
1 5 .0
.
.
.
2 1 .0
1 5 .0
5 .0
1987 F O R E I G N D I R E C T
TS
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
CA
US F I R M
NAME
S A K A T A S E E D CO
S A N T A ROSA S E W I N G S H O P S ' A S S E T S
SATO A M E R IC A IN C
SEAFOOD B R O IL E R RESTAURANT
S E C O A M E R IC A IN C
S H I M A N O A M E R I C A N CORP
S H IN - E T S U - T E C H N IC A L S R V . CENTER
S H O P P IN G CENTER
S I M O N MCGARV P U B L I C R E L A T I O N S
S M IT H I N T L IN C
SOLTE IN C
SONY M I C R O S Y S T E M S CG
S O U T H W E S T E R N E N G I N E E R I N G CO
s p e c t r a - p h y s ic s
in c
S T . CLEM ENT V IN E Y A R D S
S U M I T O M O W A R E H O U S E CG
SUNNVMEAD RANCH
T S IN D U S T R IE S IN C
T A K A R A S A K E USA I N C
T E I J I N B I O - S C I E N C E LABS
T E L M O S ' P R O D U C TIO N F A C I L I T Y
T E L S T A R CORP
THE ENCLAVE
T I R E S V S T E M S / B I L L V BOVS IN C
T K E N T E R P R I S E CO
TNT M A IL F A S T
T O K Y O P R I N T I N G I N K USA
TOKVU AGENCY
T O K Y U WO RLD T R A N S P O R T ( USA I N C )
T O P P A N P R I N T I N G CO ( A M E R I C A ) I N C
T O S H IB A A M E R IC A IN C
T R A N S P A C I F I C C O N T A I N E R S E R V I C E CORP
TR A N S L O A D IN G T E R M IN A L P A R T N E R S H IP
U N I D E N T I F I E D A LM O N D O R C H A R D
U N I S O F T GROUP
U N I V E R S A L P A P E R GO ODS CO I N C
U S I L IG H T IN G
V A L L E Y N A T I O N A L BANK
V I D E O S T A T I O N I N C , TH E
W ESTERLY PLACE
WESTERN G RAPHTE IN C
WESTERN IN D U S T R I A L MOVERS IN C
W E S T E R N WO RLD S A M U E L C O M M U N I C A T I O N S
W E S T F IE L D I N T ' L IN C
W EST REN D HOMES J V
W E S T W I N D B U S I N E S S P AR K
W I L K E S B A S H F O R D FOR WOMEN
WRATHER CORP
X -R A Y TE C H N O L O G IE S IN C
Y A M A H A C O R P OF A M E R I C A
Y A M A Z A K I MAZAK
YAOHAN D E P T . STORE
Y O S H I D A KOG YO
1 0 0 W IL S H IR E BLVD
1 0 0 0 W IL S H IR E BLVD
101 C A L I F O R N I A ST
ii
I N V E S T M E N T S T R A N SA CT I O N S ,C O M P L E T E D .BV STAT
S IC
FOREIGN
0161
3161
3569
5 6 13
7373
5091
7391
• * • *
7392
3533
1542
SOB 1
366 1
38 1 l
2084
4 7 12
* * «*
3079
2085
2824
3674
4833
* * * *
5531
58 12
45 1 1
5 16 1
73 1 1
47 12
2754
361 2
4463
4463
01 7 3
737 1
2645
3645
60
7394
** * *
3573
4213
7823
67 1 1
1521
* * * *
5621
671 1
3693
5099
5084
531 1
5031
* ** *
* ** *
* ** *
S A K A T A S E E D CO L T D
V U IT T O N , L O U IS
S AT O CORP
ACCOR SA
SECOM CO L T D
S h IM A NO I N D U S T R I E S CO L T D
S H I N - E T S U C H E M I C A L CO L T D
K A TA O K A & CO L T D
SHA N D W IC K PLC
B R I E R L E Y , R O N A L D E T AL
JOHN H O L L A N D H O L D I N G S L T D
SONY CORP
S E N I O R E N G I N E E R I N G GR OUP PLC
C I B A G E I GY CORP
S AP P O R O B R E W E R I E S L T D
S U M I T O M O W A R E H O U SE CO L T D , T H E
L E S N O U V E A U X C O N S T R U C T E U R S SA
FORCO NV
TA K A R A S H U Z O CO L T D
T E I J I N LTD
ROHM CO L T D
C L A R I O N CO L T O
C H I T A K A I N T ' L FO O D S CO
M I C H E L I N TY R E PLC
TK E N T E R P R I S E CO L T D
TNT LTD
T O K Y O P R I N T I N G I N K MFG CO
TOKYU A D V E R T IS IN G AGENCY IN C
T O K V U CORP
T O P P A N P R I N T I N G CO L T O
T O S H I B A CORP
M I T S U I OSK L I N E S L T D
M I T S U I & CO L T D
H O K U R I K U COCA C O LA B O T T L I N G CO
P R O V I N C I A L G R O U P P LC
E S S E L T E AB
HANSON T R U S T PLC
I N S T I T U T O B A N C A R I O SAN P A O LO
C A R O L C O I N V E S T M E N T S BV
SHUWA COR P
G R A P HT EC CORP
R O Y A L N E D L L O Y D G R O UP NV
J . C . W I L L I A M S O N F I L M MGMT
W E S T F IE L D H O L D IN G S LTD
A R IA D N E LTD
B O N D I t G E O R G IO
T A K A - Q CO L T D
B E I E R L E Y , RON E T A L
U E I PLC
N I P P O N G A K K I CO L T D
Y A M A Z A K I M A Z A K C OR P
V A O H A N D E P T S T O R E CO E T A L
Y O S H I D A KOG YO KK
A S A H I U R B A N D E V CORP
SU M ITO M O L . I . C .
N I P P O N L I F E I N S CO
INVESTOR
NA
^V
VALUE
JA
FR
JA
FR
JA
JA
JA
JA
UK
NP
AM
OT
3 .5
RE
AM
1 5 .C
NZ
AS
JA
UK
SZ
JA
JA
FR
EI
AM
OT
AM
6 . 7
EI
AM
OT
3 1U . 0
SZ
JA
JA
JA
JA
JA
FR
JA
AS
JA
JA
JA
JA
JA
JA
JA
JA
UK
sw
UK
IT
NL
JA
JA
NL
AS
AS
AS
IT
JA
NZ
UK
JA
JA
JA
JA
JA
JA
JA
PE
OT
OT
NP
RE
AM
PE
EI
AM
AM
RE
AM
OT
OT
OT
OT
OT
NP
OT
OT
OT
AM
AM
AM
AM
AM
AM
RE
PE
AM
AM
OT
JV
RE
AM
AM
AM
OT
3 .4
1.5
7 .5
35 . 0
1.2
46. 7
2 .0
25 . 5
1.3
2 .5
76. 0
OT
OT
OT
RE
RE
RE
70 . 0
145 . 0
560 . 0
*
I9fl7 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S .C O M P L E T E D .BY S T AT E
US F IR M
CA
CA
CA
CA
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CO
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
CT
DC
DC
DC
DC
DC
DC
DC
1 8 2 1 D YER ROAD
2 7 0 0 Y G N A C I O RD
3 H U T T O N C E N T E R DR
6 1 1 M ONTGOMERY ST
B I B A U D I O V I D E O P R D T S U SA
D E R M A -L O C K M E D IC A L CORP
DRX IN C
ELASTOMER TECHNOLOGY IN C
GOLD K IN G C O N S O L ID A T E D IN C
H A K U T O CO
IN T E L L IG E N T STORAGE IN C
LA M BE R ET USA
L O N E S T A R M O N I E R C O N C R E T E T I T L E CO
M O U N T A IN O PTECH
NEW P AP AHO C O R P ' S P R O P E R T Y
P A V I L I O N TOWERS
SAE IN C
S IM T E K IN C
SPECTRUM HOLOBYTHE
T A K A T A - G E R IC O CORP
TAURUS PETROLEUM IN C .
TO T A L PETROLEUM (N O R TH A M E R IC A ) LTD
V A L E X PETROLEUM IN C
W E S T E R N G O L D E X P L O R A T I O N & M I N I N G CO
ABS PUMPS IN C
BEDFORD A S S O C IA T E S IN C
C H E S E B R O U G H -P O N D 'S IN C
COMSTOCK GROUP IN C
EM H A R T C O R P 'S SHOE MCHY O P E R .
F U T U R E S GROUP I N C .
H E U B L E IN IN C
H E U B L E I N ' S R8.D C E N T E R
I N T E R N A T I O N A L T I M E CORP
KCR T E C H N O L O G Y I N C
K E T C H U M & CO I N C
LAND
L E A R S I E G L E R I N T E R N A T I O N A L CORP
NETWORK POLYMERS
O C E -B U S IN E S S SYSTEM IN C
P E R IM E T E R TECHNOLOGY IN C
P I L O T M A N U F A C T U R I N G COR P
R A Y M O N O A U T O M A T I O N CO
R E A D D . M . CO
R E V E R E CORP
R I C H A R D S O N P O L Y M E R CORP
S K A N D I A L I F E A M E R I C A COR P
STOCKMAN & ASSOCS IN C
U . S . R E P E A T I N G ARMS CO
W H IT N O N M A C H IN E S P IN D L E
C IR C L E THEATRES
D E LA R U E G I O R I OF AMER I N C
HAROEE' S
HARDEE4S
J U D IC IA R Y CENTER
LAND
O F F IC E BLDGS
NAME
S IC
FO R E IG N
***♦
****
♦* * *
***♦
3651
3842
131 1
2822
1382
5063
3573
3713
3272
5065
1311
****
7379
3674
7372
2531
1311
291 1
1311
1041
5084
7379
2844
1731
3559
7392
2084
2087
5094
3573
5122
* ***
5088
5161
7379
3573
3955
5084
531 1
3822
3079
631 1
7392
3484
3429
7832
3555
581 2
5812
* * * *
* ** *
HASEGAWA KOMUTEN
M IT S U I FUDOSAN
NANSAY CORP
U N ID E N T IF IE D IN V E S T O R
K E L S E Y I N D U S T R I E S PLC
Z W I R N , EDGAR
U N IT E D G U A R A N TEE PLC
Y A M A M O T O K O G A K U CO L T D
W O H N L IC H , M A R T IN J .
H A K U T O CO L T D
F U J I E L E C T R I C CO L T D
L A M B E R E T F R E R E S E T C I E SA
M O N IE R LT D
F E R R A N T I PLC
RO Y A L D U T C H S H E L L GROUP
C H I E M O R I K OG YO CO L T D
M A T S U S H I T A E L E C T R I C I N D U S T R I A L CO
N IP P O N S T E E L CORP
MAXW ELL, ROBERT
TA K A TA CORP
C O R N IS H , B R IA N E . ET AL
F R A N C E , G O V ' T OF
PARGESA
O P P E N H E IM E R t HARRY F . & F A M IL Y
A B S P U M P E N GMBH
U K . G O V T OF
U N I L E V E R NV
S P I E B A G N A T O L L E S SA
A B L E K IN D LTD
S AA TC H I BROTHERS
GRAND M E T R O P O L IT A N PLC
GRAND M E T R O P O L IT A N PLC
SMH S W I S S C O R P FO R E L E C T R O N I C S
MOORE C O R P L T D
O F C C O M M E R C I A L P H A R M A C E U T I C A L SA
F L IC H Y .G U Y F . ET AL
S M IT H S IN D U S T R IE S PLC
M A R U B E N I CORP
O C E - V A N D ER G R I N T E N
N EXT PLC
P I L O T P E N CO L T D
S W I S S I N D U S T R I A L CO
CAMPEAU, ROBERT
D O B S O N P A R K I N D S P LC
C A N A D A , G O V T OF
S K A N D I A I N T ' L H O L D I N G S AG
S AA TC H I BROTHERS
F A B R I Q U E N A T I O N A L E H E R S T A L SA
GMN GE OR G M U L L E R N U R E M B E R G AG
D R A B IN S K Y , GARTH ET AL
G I O R I , G U A L T IE R O
B AT I N D U S T R I E S P LC
BAT IN D U S T R IE S PLC
KONDO B E S E K I
KUMAGAI GUMI
S UM ITO M O L . I . C .
IN V E S T O R
NA
TY
VALUE
JA
JA
JA
HK
UK
BE
UK
JA
SZ
JA
JA
FR
AS
UK
NL
JA
JA
JA
UK
JA
AS
FR
BE
SO
GE
UK
NL
FR
UK
UK
UK
UK
SZ
CA
FR
FR
UK
JA
NL
UK
JA
SZ
CA
UK
CA
SW
UK
BE
GE
CA
SZ
UK
UK
JA
JA
JA
RE
RE
RE
RE
OT
AM
AM
AM
AM
OT
AM
NP
JV
AM
AM
RE
AM
OT
AM
JV
AM
El
El
OT
PE
AM
AM
AM
AM
AM
AM
OT
1 1 .0
1 6 .3
4 2 .5
7 5 .0
tn
o
TS
3 7 .0
1 2 .8
1 0 .0
2 .0
0 .4
3 .4
8 0 .0
3 1 0 0 .0
2 0 .5
1 1 5 .0
1 2 0 0 .0
8 .0
AM
El
AM
RE
AM
AM
OT
OT
OT
AM
AM
AM
AM
OT
AM
AM
AM
AM
OT
OT
OT
RE
RE
RE
1 .2
4 .3
2 .5
1.0
.
1 2 .8
1 0 .0
3 0 .0
.
2 .0
2 6 .0
86! 0
7 .3
2 2 5 .0
1987
FOREIGN
DIRECT
TS
F IR M
DC
DC
DC
DC
DC
DE
DE
DE
DE
DE
DE
DE
DE
DE
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
FL
US
INVESTMENTS
T R A N S A C T I O N S , C O M P L E T E D * BY
NAME
P H IL L IP S ESTATE
S T E U A R T P E T R O L E U M CO
U . S . N E W S & WO RLD R E P O R T B l DG
V A N D YK A S S O C S . I N C
2 0 2 5 M ST NW
A I R C O / I N D U S T R I AL G A S E S
C H ES A PE A K E S H I P P I N G IN C
C I B A - G E I GY CORP
D A T A M E T R IC S OPERATIONS
E L K E M - A M E R I C A N C A R B I D E CO
H IM O N T IN C
I C I PHARMA
S C H O O L B US COS ( 4 )
T A K E D A F I N A N C I A L USA I N C
ACTON C O R P 'S TV SYSTEM S
A E R O S P A T IA L E
ALCATEL
A L E X A N D E R P R O U D F O O T CO
A T L A N T I C S C I E N T I F I C CORP
CALUSA COUNTRY CLUB
C E N T R U S T S A V I N G S BANK
C IN E P L E X -O D E O N
COLUMBUS H O TE L
C O M M E R C IA L P O IN T S H O P P IN G CENTER
C O M P R E H E N S I V E A M E R I C A N C ARE
COMPUTER PRODUCTS
C O R D IS C O R P 'S PACEMAKER L I N E
DATA PR OTEK IN C
F L O R I D A L I F E CA R E
FOOD L I O N I N C
F R E E D O M TOWER
G R E N E L E A F R E S O R T & C O N F E R E N C E CTR
H O L ID A Y IN N S ( 7 )
H O U D A IL L E IN D U S T R IE S IN C
H VA TT REGENCY HOTEL
M A N H A T T A N TOWER
M A Z D A M O T O R S OF A M E R I C A ( E A S T )
M C A L L IS T E R HOTEL
METRO WASTE S E R V IC E IN C
M O V S O V I T Z 8. SONS OF F L A . I N C
O F F IC E BLDGS ( 2 )
P E R S H IN G HOTEL
P E T E R S O N G R O UP
PLESSEY
R E F LEC TO NE IN C
REPCO IN C
S E C U R IT Y TAG S YSTEM S IN C
SHELBURNE HOTEL
S TEE G O CORP
S UAVE SHOE CORP
S U N S H I N E W A TE R CO
TH E BABYLON
V E S T A TECHNO LOGY IN C
W E S T I N D I E S S H I P P I N G CORP
W IN D S T A R S A I L C R U IS E S LTO
ZEPHYR H IL L S
STATE
S IC
* ** *
5171
* * **
7392
* * ♦ *
20 13
44 ) 1
28 16
3029
2 0 19
282 1
5 1 6 1
4 15 1
615
4899
3699
5065
7392
3643
** * *
602
7999
701 1
** * *
8081
3679
3693
3573
805 1
541 1
** **
* ** *
70 1 1
3293
701 1
* ** *
5012
70 1 1
4953
5148
** * *
70 1 1
4953
5065
3662
3662
3662
70 1 1
5013
3021
5 149
*** *
4953
441 1
44 1 1
2086
FO R E IG N
IN V E S T O R
H A R IR I , R A F IK
I T A L Y , G O V ' T OF
SHUWA CORP
S AA T C H I BROTHERS
DA I - I C H I M U T U A L L . I . C .
BOC I N T E R N A T I O N A L PLC
K U W A I T , G O V ' T OF
C I B A - G E I G Y CORP
BOC PLC
ELKEM A / S
F E R R U Z Z I GR OUP
I C I C H E M I C A L I N D U S T R I E S P LC
DEGROOTE. M IC H A E L G.
TA K E D A C H E M I C A L I N D U S T R I E S I N C
MOFFAT C O M M U N IC A TIO N S LTD
F R A N C E , G O V T OF
F R A N C E , G O V T OF
B R I T A N N I A H O L D I N G S PLC
8 0 W T H 0 R P E H L D G S P LC
N I CHON KOWA CO
PHARAON, G H A IT H H
D R A B I N S K Y , G A R T H E T AL
DAHLAWI F A M IL Y
M ARRESSE, M IC H A E L
RAMSEY, PAUL
U N IT E C H PLC
NUCLEUS LTD
E R I N T E C CORP
CARENA P R O P E R T IE S IN C
D E L H A I Z E L E L I O N GR OUP
DAHLAWI F A M IL Y
S P O R T S S H I N K O CO
BASS PLC
T I G R O UP P L C
DAHLAWI F A M IL Y
CENTRAL WESTERN H O L D IN G S LTD
C I T O H 8c CO
DAHLAWI F A M IL Y
ATTWOODS PLC
A L B E R T F I S H E R GROUP ( T H E )
S A N S E I CO L T D
Z E L M I A I N V E S T M E N T S NV
ATTWOODS PLC
P L E S S E Y CO P LC
U N I T E D K I N G D O M , G O V T . OF
K O S T A N T I N I D I S t A N DREW
AUTOM ATED S E C U R IT Y ( H L D G S ) PLC
E M E R A L D I N T ' L I N V E S T M E N T S I NC
B R I E R L E Y , RON E T A L
C H A S E US I N V E S T M E N T S NV
S O U R C E P E R R I E R SA
V E N E Z U E L A N R . E . CO
ATTWOODS PLC
W E S T I N D I E S S H I P P I N G CORP
H O L L A N D A M E R I C A L I N E T R U S T NV
SOURCE P E R R IE R
NA
TV
SA
IT
JA
U*
JA
UK
KU
SZ
UK
NO
IT
UK
CA
JA
CA
FR
FR
UK
UK
JA
SA
CA
SA
CA
AS
UK
AS
CA
CA
BE
SA
JA
UK
UK
SA
CA
JA
SA
UK
JA
JA
NA
RE
AM
RE
AM
RE
NP
OT
NP
AM
JV
El
NP
AM
OT
AM
PE
OT
AM
AM
RE
AM
OT
AM
RE
AM
AM
AM
OT
AM
OT
RE
RE
AM
AM
AM
RE
PE
AM
AM
AM
RE
AM
AM
OT
AM
AM
El
AM
AM
AM
AM
RE
AM
OT
AM
AM
UK
UK
UK
SA
UK
CA
NZ
NA
FR
VE
UK
TD
NL
FR
VALUE
1 3 .0
8 0 .0
46 . 4
5 0 .0
5 .0
14 9 0 . 0
3 0 .0
2 .0
7 0 .0
2 0 0 .0
5 .5
1 6 .6
3 .9
30 .0
30 . 0
v*o
OO
7 .5
175 . 0
5 0 0 .0
1 5 .0
1 0 .0
3 .8
1 6 .5
1.6
1 7 .5
1 .5
1 0 .0
28 .0
4 .0
6 .4
1.0
2 .0
1987 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D »BY ST AT E
TS
US
FL
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
GA
2 I M A M E R I C A N - 1 S R A E L S H I P P I N G CO
A M M E R S E E ON T H E C H A T T A H O O C H I E
A SA H I CO.
B & R I N T ' L IN C
B I S C H O F & K L E I N U SA I N C
BMW O F N . A M E R I C A
B OR M A N t G R A Y I N T L I N C
BROCK G REEN A S S O C S .
CAMP CREEK B U S IN E S S CTR
CORONET IN D U S T R IE S IN C
CUMBERLAND M IL L S IN C
DENON D I G I T A L I N D U S T R IE S LTD
EMERALD STORAGE CORDELE IN C
ENG ELH A R D CORP
F IC H T N E R - WANTECH
F O K K E R A I R C R A F T U SA
F O R S T M A N N & CO
G E O R G IA CR AFT C O 'S M IL L
G E R M A N R A IL
H E A L T H IM AG ES IN C
HEERV IN T L IN C .
H E R O U SA I N C
H IT A C H I TELECOM
H U M E S ARC I N C
H Y U N D A I M O TO R A M E R I C A
IK K A TECHNOLOGY IN C
I R T R E A LT Y S E R V IC E S IN C
J I M D A N D Y CO I N C
K A T O S P R I N G WORKS CO
KOMATSU A M E R IC A CORP
K U R IS H IG H TECH SYSTEMS LTD
LAND ( 7 7 A C R ES )
MACKAY S P E C I A L T I E S A M E R IC A
M A K I T A C O R P OF A M E R I C A
MANEUROP IN C
MASSTOCK IN T L
M I C H A E L C R OM ER L T D ( M C M )
M U L T I-U S E PROJECT
N A B I S C O ' S D R O M E D A R Y O P ER
N A K A N I S H I MFG CORP
N A T I O N A L BAN K OF G E O R G I A
OAK M ANOR I N C
P A L IS A D E S
PAREX IN C
S N A P F I N G E R WOODS G O L F & C T Y C LU B
STO IN D U S T R IE S IN C
S U M M I T AT S O U T H L A K E
TEAM S E R V IC E S IN C
T E L I USA
THE I N T E L L I G E N T TOY STORE
TOPPAN IN T E R A M E R IC A IN C
U N IO N S T A T IO N APTS
V IN IN G S IN D U S T R IE S IN C
VOLVO NORTH A M E R IC A
WATERLOO M IC R O S Y S T E M S IN C
Y A M A H A MOTOR MFG COR P OF A M R .
F IR M
N A ME
*
S IC
F O R E IG N
441 1
****
5661
641 1
3079
5012
7361
731 1
****
2271
2272
3651
5159
1455
4953
5080
221 1
2631
401 1
0081
891 1
571 2
3661
3312
501 2
3079
6552
2047
3495
3531
5084
* * * *
2844
3546
3563
0241
5631
* * **
2033
3562
60
8051
** * *
3299
7992
285 1
* * **
7361
5065
5945
2754
** **
2 0 19
5013
7372
3732
I S R A E L t G O V ' T OF
T H Y S S E N R H E IN S T A H L T E C H N IK E T AL
N IP P O N RUBBER C O . L T D .
SALE T I L N E Y PLC
B I S C H O F UN D K L E I N GMBH & CO
B A Y E R I S C H E M O T O R E N W E R K E AG
B L U E ARROW P L C
S AA TC H I BOTHERS
L A IN G P R O P E R T IE S
CORONET CARPETS IN C
SORELTEX IN T L
H IT A C H I LTD
QUEALLY F A M IL Y
O P P E N H E IM E R HARRY F . & F A M IL Y
F I C H T N E R B E R A T E N D E I N G E N . GMBH & CO KG
N E T H E R L A N D S , G O V T OF
K U A N G - P I U , C HAO
PRATT H O L D IN G S PTY LTD
W E S T G E R M A N Y , G O V ' T OF
L E W IS , R . J .
B IC C PLC
H E R O P VB A
H IT A C H I LTD
HUMES LT D
H Y U N D A I CO L T D
N I P P O N L I G H T M E T A L CO L T D E T A L
P A D U L L I , LU C A
GRAND M E T R O P O L IT A N PLC
KA TO S P R I N G WORKS CO L T D
K O M A TSU L T D
K U R I S H I G H T E C H S Y S T E M S GMBH
C I B A - G E I G Y CORP
M AC K A Y S P E C I A L T I E S CAN AD A
M A K I T A E L E C T R I C WORKS L T D
G E N E R A L E DE F O N D E R I E SA
MASSTOCK I N T L
M I C H A E L CROM ER L T D
LON D O N & L E E D S E T A L
B U R N S , P H I L I P & CO L T D
N A K A N I S H I , KAZUO F A M IL Y
C R E D IT & CO M M E R C IA L A M E R IC A N H O L D IN G S
OMNI H E A L T H CARE
PGGM P E N S I O N F U N D S
L A F A R G E C O P P E E SA
N I T T O KOGYO CO L T D
S T O T M E I S T E R GMBH
C .H .B E A Z E R H O L D IN G S
H E S T A IR PLC
T E L I AB
J O H N M E N Z I E S P LC
T O P P A N P R I N T I N G CO L T D
GERMAN I N V E S T O R S
L A P O R T E I N D S H O L D I N G S P LC
V O L V O AB
CROWNX I N C
N I P P O N G A K K I CO L T D
IN V E S T O R
NA
TY
IS
GE
JA
UK
GE
GE
UK
UK
UK
CA
CA
JA
UK
SO
GE
NL
HK
AS
GE
UK
UK
BE
JA
AS
KS
JA
UK
UK
JA
JA
GE
SZ
CA
JA
FR
EI
GE
UK
AS
JA
NA
CA
NL
FR
JA
GE
UK
UK
SW
UK
JA
GE
UK
SW
CA
JA
OT
RE
OT
AM
NP
OT
AM
AM
RE
AM
AM
NP
OT
PE
JV
PE
AM
AM
OT
AM
AM
OT
OT
NP
OT
OT
AM
AM
PE
OT
OT
RE
NP
PE
OT
OT
OT
RE
AM
NP
AM
AM
RE
NP
AM
NP
RE
AM
OT
NP
NP
RE
AM
NP
OT
NP
VALUE
5 [7
4 .5
1 0 .4
75. 0
8 .0
4 0 .0
6 .0
2 4 .0
0 .2
2 1 2 .0
5 .5
5 .0
1 4 .0
1 .3
2 5 .0
6 .4
0 .5
6 .0
3 .0
6 .0
1 0 .0
6 .5
25 . 0
1 2 .0
4 .0
.
4 5 .0
1 9 .8
1 5 .0
8 .9
3 3 .0
4 .5
FOREIGN
TS
GU
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
HA
IA
I A
IA
IA
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
US
OIRECT
F IR M
INVESTMENTS
T R A N S A C T I O N S , C O M P L E T E D . BY
NAME
A T & T / KDD V E N T U R E
A P A R T M E N T B LD G
B A N K OF H O N O L U L U
BANYAN GOLF CLUB
BREAD B ROTHERS I N C .
COCONUT IS L A N D
C O N D O M IN IU M BLDG
C O N D O M IN IU M DEV
EATON SQUARE S H O P P IN G CENTE R
FO O TWO RK H A W A I I CORP
FOREMOST D A I R I E S
G A R S T S E E D CO
GLOBAL S U N S H IN E IN C
H I L L & H I L L IN C
H I L O COUNRTY CLUB & H O TE L
KALUAKO RESORT
K I N G S P L A C E C O N D O M I N I U M B LD G
LAND
LA N D ( 2 9 0 0 A C R E S )
LAND ( 4 9 . 9 A C R E S )
LAND ( 5 0 0 A C R ES )
METRO R E S T A U R A N T
N A N IL O A HO TE L
OCEAN V IE W CENTER
PR I N C E V I L L E D E V E L O P M E N T CO
RANCH HOUSE R ES T A U R A N T
R O T H C H IL D RESTAURANT
S H I M O K O & S ON S
T O S E I O F F I C E BLDG
W A I K I K I BEACHCOMBER H OTEL
WASA E L E C T R I C A L S E R V I C E S
L E F E B U R E CORP
N K S - A K S P R E C I S I O N B A L L CO
NORTHW ESTERN S TA TE P OR TLAND CEMENT
WESTERN I N T L IN C
A B D IC K
A CME I N K & P R I N T I N G
A IM S B IO T E C H CORP
A IR VENT IN C
AMADA E N G I N E E R I N G & S E R V I C E CO
AMBER F I L E CO
AVONDALE CENTER
B A R B E R - C O L M A N CO
B R A D L E Y ' S V I E W FAN
D I E S E L K I K I USA
D R E S S E L 'S B A K E R IE S
E . J . BRACH CORP
EAGLE W IN G S IN D U S T R IE S
ECH O I N C
ELCO I N D U S T R I E S IN C
F O S T E R E L E C T R I C CO
G R E Y A D V E R T I S I N G ' S C H I C A G O OFC
H O B A R T /M C IN T O S H
HONEYW ELL IN F O R M A T IO N SYSTEM S
I DC S E R V I C E S I N C
I N T ' L FA R M COR P OF A M E R I C A
STAT
S IC
F O R E IG N
IN V E S T O R
48 1 1
* ** *
60
* * * *
5 8 12
* ** *
** **
** **
*** *
581 2
2026
5191
67 1 1
2095
701 1
♦* * *
****
* ** *
** * *
* ** *
* * * *
58 12
701 1
* ** *
1542
58 12
581 2
2098
** * *
70 1 1
17 3 1
3499
3562
3241
3523
3579
2893
739 1
3564
5084
2645
* * *■*
3822
5 199
3 7 14
2038
2065
3714
5083
3452
3651
731 1
5111
7372
7399
6531
K O K U S A I D E N S H I N DENWA CO L T D
TOKAI U N IV E R S IT Y
S U K A M T O , SUKARMAN
N A K AN O CORP
ROYAL CO. L T D .
K A W A G U C H I, K A T S U H IR O
N A G A S A K I L U C K Y S H O J I CO L T D
O H B A Y A S H I CORP
K A W A G U C H I, K A T S U H IR O
FO OTW ORK C O R P .
H O U S E FOOD I N D U S T R I A L CO L T D
I M P E R I A L C H E M I C A L I N D U S T R I E S P LC
S H I N K E N T E K N I K A CO L T D
M I S U Z U C O F F E E CO E T AL
N A K AN O CORP
T O K Y O KOGYO CO L T D
M I T S U G I CORP
DA I - I C H I R . E . C O
S A N K Y O T S U S H O CO L T D
KUMAGAI GUMI
U N I D E N T I F I E D IN V E S T O R
N IS H IM U R A F A M IL Y
N A K AN O CORP
H A SEGAWA K O M U TEN CO L T D
Q U IN T E X LTO
N I S H IM U R A F A M IL Y
N I S H I MURA F A M I L Y
I T O E N CO L T D
T O S E I S H O J I CO L T D
A Z A B U B L D G CO L T D
K I N K I D E N K I KKK
I N T E R I N N O V A T I O N AB
N I P P O N S E I K O KK E T A L
B R I E R L E Y , RON E T A L
NOMA I N D U S T R I E S L T D
G E N E R A L E L E C T R I C CO P L C
SAKATA SHO KAI LTD
A I M S B I O T E C H COR P
F R A N C E , G O V T OF
A MADA CO L T D
E S S E L T E AB
U N I D E N T I F I E D IN V E S T O R
S IE B E PLC
P E O P L E S ' R E P U B L I C OF C H I N A , G O V ' T OF
D I E S E L K I K I CO L T D
I N S T DE D E V E L O P I N D U S T R I E S A G R I C O L E S
C O L I M A H O L D I N G AG
M I Z U S H I M A M AC H & M E T A L I N D C O .
K I O R I T Z CORP
OKABE, A K IR A
F O S T E R E L E C T R I C CO L T D
GKK H O L D I N G S AG
AMER G R O U P L T D
F R A N C E , GOVT OF
B R I T A N N I A ARROW H O L D I N G S P L C
H IG A S H I N IP P O N HOUSE
NA
TY
VALUE
JA
JA
ID
JA
JA
JA
JA
JA
JA
JA
JA
UK
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
JA
AS
JA
JA
JA
JA
JA
JA
SW
JA
NZ
CA
UK
JA
CA
FR
JA
SW
JA
UK
CH
JA
FR
SZ
JA
JA
JA
JA
SZ
FI
FR
UK
JA
JV
RE
AM
RE
AM
RE
RE
RE
RE
OT
AM
OT
OT
AM
AM
RE
RE
RE
RE
RE
RE
OT
AM
RE
AM
OT
PE
AM
RE
AM
AM
AM
NP
El
AM
PE
AM
OT
AM
OT
OT
RE
AM
JV
NP
AM
AM
NP
PE
AM
OT
AM
AM
OT
AM
OT
12 6 .0
1 .0
6 .6
0. 1
8 .5
7. 1
1 5 .5
1.0
3 5 .0
7 .8
6 6 .0
5 0 .0
8 .0
0 .5
1 1 .0
1 1 .0
58 .0
1 .0
1 .0
7 .0
2 0 .0
86. 7
69 . 0
*
*
*
30. 0
3 .9
47 . 5
2 2 7 .0
50 . 0
7 3 0 .0
37 .5
8 .4
*
0 *7 l
1987
*
F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S .C O M P L E T E D .BV
TS
US F IR M
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IL
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
KONNEX CORP
LYON & H E A L Y HARPS IN C
M A T S U I A M E R IC A IN C
M CC P O W E R S D I V
M IT S U B O S H I B E L T IN G LTD
M IY A N O M A C H IN E R Y USA
MORTON YOKOHAMA IN C
M UGA
N I S S H O I W A I FA CO
NORTH A M E R IC A N L IG H T IN G IN C
NTN B E A R IN G C O R P . OF A M E R IC A
O K I S EM IC O N D U C T O R P R D TS
OM R ON T A T E I S I E L E C T R O N I C S CO
P E T E R S O N & CO
PHOTO L A B E L S USA
P R O F E S S IO N A L S E R V IC E IN D S IN C
P R U D E N T IA L PLA ZA BLDGS
Q U A K E R TO W E R
RUBLOFF IN C
SCHARMANN M A C H IN E TOO L CORP
SCHAUMBURG H Y U N D A I
S C IA K Y BROTHERS IN C
S TEW AR T-W A R N ER CORP
S U N D S TR A N D -S A U E R
T H IM B L E S
T H R E E B O N D CO
TWO P R U D E N T I A L TOW ER
U N IO N S P E C IA L CORP
U N IT E D GLOBE N IP P O N IN C
V I S U A L C O M M U N I C A T I O N S ( B E L L 8. H O W E L L )
Y A M A ZA K I MAZAK
YANASE & ASSOCS.
1 0 1 N . W A C K E R DR
2 2 5 W . W A C K ER D R I V E
A E IN C
A L P I N E E L E C T R O N I C S M FG OF A M E R . I N C
A N A TEC H I N C ' S E N V IR O N M E N T A L D I V
A R V I N S AN G O C O .
A U T O M O T IV E S I N D S . IN C .
BABCOCK IN D U S T R IE S I N C ' S P LA N T
B A L L - IN C O N GLA SS P A C K A G IN G COR P.
C . IT O H & C O. A M E R IC A
C E N T R A L S OYA C O R P
C R IM E CONTROL IN C
EFTEN IN C
E L S A CORP
G E ' S CONSUMER E L E C T R O N IC S D I V
GECOM C O R P
G E N E R A L S E A T I N G OF A M E R I C A I N C
G E N ER A L S HA LE P RO DUCTS CORP
HEYE A M E R IC A
I / N TEK
KBK
M O L T E N BRC I N C
NAKAGAWA S A N G Y O
N IS S H O IW A I
NAME
S IC
F O R E IG N
3699
3931
3535
3622
3041
3541
2091
8299
5084
3647
3562
3573
3622
7392
3861
7392
****
****
6531
3541
5511
3623
3679
3568
5621
2891
****
3636
3714
3861
5084
7392
****
****
3592
3651
7391
3714
3714
3315
3221
7392
2048
7393
2631
3 7 14
3651
3079
2531
3251
3221
3312
5082
3069
3 7 14
5812
KONNEX
L E S A R T M E C A N I Q U E SA
M A T S U I M F G CO L T D
L A N D I S & G Y R H L D G AG
M IT S U B O S H I B E L T IN G LTD
M IY A N O F A M IL Y
Y O K O H A M A R U B B E R CO L T D
MUG A
N IS S H O IW A I CORP
K O I T O M F G CO L T D
N T N T O Y O B E A R I N G CO L T D
O K I E L E C T R I C I N D CO L T D
OM RON T A T E I S I E L E C T R O N I C S CO
SA A TC H I BROTHERS
S & M P R O C E S S IN G LT D
I N S P E C T O R A T E I N T E R N A T I O N A L SA
N IP P O N L . I . C .
BCDE D E V E L O P M E N T S CORP
O R I E N T L E A S I N G CO L T D
J . M . V O I T H GMBH
H Y U N D A I M O TO R CO L T D
F E R R A N T I PLC
BTR PLC
S A U E R G E T R I E B E AG
BAT IN D U S T R IE S PLC
T H R E E B O N D C O / C E M E D I N E CO
N IP P O N L . I . C .
B R I E R L E Y , RON E T A L
N IH O N T O K U S H U /H IR O T O N I/F U J IY O S H I
E IK I IN D U S T R IA L C O ., LTD
Y A M A Z A K I MAZAK CORP
YANASE & ASSOCS
O A I - I C H I MUTUAL L . I . C ;
T A I S E I CORP
A E PLC
A L P S E L E C T R I C CO L T D
OCEAN T R A N S P O R T & T R A D IN G PLC
SAN G O C O . L T D .
TATE & L Y L E PLC
K OK OK U S T E E L W I R E L T D
T H Y S S E N - B O R N E M I S Z A G R O UP N V
C . IT O H & CO. L T D .
F E R R U Z Z I G R O UP
HAWLEY GROUP
H O N S H U P A P E R CO L T D
S A K A M O T O I N D S CO L T D
F R A N C E , G O V T OF
M I T S U I M I N I N G & S M E L T I N G CO L T D
NHK S P R I N G CO L T D
M ARLEY PLC
HERMAN H E Y E
N I P P O N S T E E L COR P
KYOKUTO B O E K I K A IS H A LTD
M O L T E N COR P
N AKAGAWA S A N G Y O
N IS S H O IW A I CORP ET AL
IN V E S T O R
NA
TY
SZ
SZ
JA
SZ
JA
JA
JA
JA
JA
JA
JA
JA
JA
UK
UK
SZ
JA
CA
JA
GE
KS
UK
UK
GE
UK
JA
JA
NZ
JA
JA
JA
JA
JA
JA
UK
JA
UK
JA
CA
JA
NA
JA
IT
UK
JA
JA
FR
JA
JA
UK
GE
JA
JA
JA
JA
JA
OT
AM
NP
AM
NP
OT
JV
OT
OT
NP
PE
OT
NP
AM
NP
AM
RE
RE
AM
NP
OT
AM
AM
JV
OT
NP
RE
AM
JV
NP
OT
OT
RE
RE
NP
PE
AM
JV
NP
AM
JV
OT
AM
AM
JV
NP
AM
NP
JV
NP
JV
JV
OT
JV
NP
OT
VALUE
1 3 2 .5
2 0 .3
9 .2
16^5
7 .0
4 2 .0
10.0
200.0
8.2
5 0 .0
6.0
7 .6
1 5 .0
3 .2
3 6 0 !o
4 0 .8
10.0
8 0 0 .0
1 8 .0
3 .3
1 1 .0
3 1 0 .0
1 .0
1987 F O R E I G N D I R E C T
TS
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
IN
KS
KS
KS
KS
KS
KS
KS
KY
KV
KY
KV
KV
KY
KY
KY
KV
KY
KY
KY
KY
KV
KV
KY
KV
KV
KV
KV
KY
LA
LA
LA
LA
LA
LA
LA
LA
MA
MA
MA
MA
MA
MA
MA
US F I R M
I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BV
NAME
O R IO N E L E C T R IC A M E R IC A IN C
PEREGO PRODUCTS
R H E E M M FG C O ' S C O N T A I N E R D I V I S I O N
S AN Y O L A S E R P R O D U C T S I N C
S H E L L E R - R Y O B I CORP
S IN T E R I N G T E C H N O L O G IE S IN C
S U B A R U -IS U Z U A U T O M O T IV E IN C
T A N N I E S CORP
T A S U S CO
TECHNO T R IM IN C
TUCK E N G IN E E R IN G IN C
W E S T IN HOTEL
YUMA I N D U S T R I E S I N C
B IO T E C H N IC A A G R IC U L T U R A L IN C .
E X T R U S I O N E Q U I P M E N T CORP
H E S S T O N CORP
IN T E L L E C T SYSTEMS
K IM B E R L Y S E R V IC E S IN C
M ID W E S T C O A T IN G S
R E N T-A -C E N TE R S
B A N DO M F G . OF A M E R I C A
B U D D CO
CH U B U T R A D I N G
C O R H A R T R E F R A C T O R I E S CORP
C U R T IS MARUYASU A M E R IC A IN C
DATA CUMBERLAND S E R V IC E S
D J K COR P OF A M E R I C A I N C
H E N D R IX TRACTS
IC H IK O H M A N U FA C TU R IN G
J I D E C O OF B R A D S TO W N
K I KI
M A T H E W S C O N V E Y E R CO
P O R T E R P A I N T CO
Q U A R T Z P R O D U C T S CORP
Q U I C K T O O L & M FG CO I N C
T O K I C O M FG C O R P
TO PY CORP
T R IM MASTERS IN C
U N IV E R S A L FASTENERS IN C '
V U T E Q CORP
Y A M A Z A K I MAZAK
A M O C O /J A P E X O I L E X P L O R A T IO N VENTURE
B IG R IV E R IN D S IN C
E X P L O R A T I O N OF L O U I S I A N A I N C ' S P R O P S
H O L M E S , DH CO
M I D - L O U I S I A N A G A S CO
O IL LEASES ( 8 4 )
T E X A C O / N I P P O N O I L CO V E N T U R E
TE X A C O /P E T R O B R A S O IL VENTURE
A V IA T IO N S E R V IC E O R G A N IZ A T IO N
B I R D I N C / S U L Z E R E S C H E R W YSS V E N T U R E
C H A NC E LLO R CORP
C IL A S ALCATEL
CO M PUTE R I D E N T I C S CORP
CONTRAVAS M E D IC A L IN STR U M EN TS
D O N O G H U E ' S M O N E Y F U N D R E P O R T E T AL
:-1
S IC
F O R E IG N
IN V E S T O R
3651
3944
341 1
3632
3714
3492
371 1
2844
3069
221 1
7392
701 1
2843
287
3452
3523
5081
8071
2893
7394
3 7 14
3465
58 12
3297
3069
7374
3079
1211
3231
3714
5812
3568
2051
2819
3544
3 7 14
3714
2399
3963
321 1
5084
1311
3295
13 11
531 1
4922
1311
1311
1311
5599
2952
5081
5063
3573
5047
2721
O R I O N E L E C T R I C CO L T D
PEREGO PRODUCTS
HOLMES A C O U R T , ROBERT
S AN Y O E L E C T R I C CO L T D
RYO BI LTD
H IT A C H I LTD
F U J I H E A V Y I N D S / I S U Z U MOTOR
YAMANOUCHI P H A R M A C E U T IC A L LTD
T S U C H I Y A CO L T D
T A C H I - S CO L T D
R I C A R D O C O N S U L T I N G & E N G I N E E R I N G P LC
KUMAGAI GUMI
Y U S H IR O C H E M IC A L IN D U S T R IE S
B R ON FM A N F A M I L Y
F R I E D T H E Y S O H N M A S C H I N E N B A U GMBH
A G N E LLI F A M IL Y
S E I K O - E P S O N CORP
GRAND M E T R O P O L IT A N IN C
U K , G O V T OF
THORN - E M I PLC
B ANDO C H E M I C A L I N D S . L T D
T H Y S S E N AG
C H U BU I N D S . C O . L T D
F R A N C E , G O V T OF
M A R U Y A S U I N D U S T R I E S CO L T D
A P P A L A C H IA N COMPUTER SVCS I N C .
DJK
V E B A AG
IC H IK O H IN D U S T R IE S IN C
N I S S A N MOTOR CO L T D
N I S S H O I W A I CORP E T A L
B A B CO C K I N T L P L C
COURTAULDS PLC
F R A N C E , G O V T OF
MAGNA I N T L I N C
T O K I C O MFG CO L T D
N I P P O N S T E E L CORP
T O Y O T A M O TO R C OR P
Y O S H I D A KOG YO KK
C H U BA I N D U S T R I E S CO L T D
Y A M A Z A K I M A Z A K CORP
J A P A N , G O V ' T OF
CEMENT R OADSTONE H O L D IN G S PLC
P E T R O F I N A SA
B R I E R L E Y , RON E T A L
B A S F AG
R O Y A L D U T C H S H E L L G R O UP
N I P P O N O I L CO L T D
B R A Z I L , G O V ' T OF
JET A V IA T IO N
G E B R U D E R S U L Z E R AG
BRUNCORP IN C
F R A N C E , G O V T OF
B E K A E R T NV SA
CONTRAVAS M E D IC A L IN S T R U M E N T S
I N T ' L B U S IN E S S C O M M U N IC A T IO N S H O L D . PLC
NA
TY
JA
IT
AS
JA
JA
JA
JA
JA
JA
JA
UK
JA
JA
CA
GE
IT
JA
UK
UK
UK
JA
GE
JA
FR
JA
UK
JA
GE
JA
JA
JA
UK
UK
FR
CA
JA
JA
JA
JA
JA
JA
JA
El
BE
NZ
GE
NL
JA
BR
SZ
SZ
CA
FR
BE
SZ
UK
OT
NP
AM
NP
NP
JV
NP
AM
JV
JV
AM
RE
JV
OT
NP
El
AM
AM
AM
AM
NP
NP
OT
AM
JV
OT
OT
AM
NP
PE
OT
AM
AM
NP
AM
NP
PE
JV
AM
NP
OT
JV
AM
AM
El
AM
AM
JV
JV
NP
JV
El
NP
El
OT
AM
VALUE
3 .0
5 .0
1 2 .5
7 .5
4 0 5 .0
1 .0
1 .5
3 .0
29! 8
1 .5
1 .0
4 .5
5 9 4 .0
1 4 .5
100 .0
1 .5
1 .0
1. 2
3 .5
8 .0
•
.
3 6 .6
1 4 0 .0
1 .0
2 0 .0
1 5 .0
48 . 0
2 .0
1 4 .3
2 2 .0
6 4 .8
1.0
8 0 .0
5 6 .0
1 0 0 .0
1 0 .0
•
*
1 .8
-P~
NJ
1907 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S .C O M P L E T E D .BY
TS
US F IR M
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MA
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
MD
ME
ME
ME
ME
ME
MI
MI
Ml
Ml
EMERAL IN C
F IR S T T E M P O R A R IE S IN C
F IV E H IN O R E 0 BOVLSTON
GC A C O R P
G C A 'S LASER TECHNOLOGY D IV
G I V I D I GLASS F A B R IC S D I V I S I O N
HOLMES T R A N S P O R T A T IO N IN C
IN D IK O N CORP
I S I D E N T S U OF A M E R I C A I N C
JOHN A . FRYE CO.
M / A COM L A S E R D I O D E I N C
M A D IC O IN C
M IT R O L IN C
MMP R E A L E S T A T E T R U S T
MOLECULON IN C
MORSE TO O L C U T T IN G
NEW E N G L A N D M I L L I N G CO
N I S S H O I W A I A M E R IC A CORP
O F F IC E PARK
ONE W A S H IN G T O N M A L L
PASTAVONI RESTAURANT
P IC T E L CORP
R EE C E CORP
S BC T H E A T R E C O R P
S C H O O L B U S CO
SHAW S U P E R M A R K E T I N C
SHEAFFER EATON D I V I S I O N
S M IT H & WESSON CORP
SOMERSET COURT
SPECTRON IN C
T N T SKYPACK
T R A V E L T IM E BUS L IN E S IN C
VACUUM I N D U S T R I E S IN C
WARD M A N A G E M E N T C O R P
2 6 5 F R A N K L IN ST
A M E R IC A N IS U Z U MOTORS I N C .
C OX C R E E K R E F I N I N G CO
D IS C L O S U R E IN C
F U J I S A W A P H A R M A C E U T I C A L CO
FU TR EX IN C
H E S S SHOES
H O L L A D A Y -T Y L E R P R I N T I N G CORP
O P T I M E L E C T R O N IC S CORP
RHODE & SCHWARZ IN C
TERUM O CORP
T O Y O T A MOTOR S A L E S I N C
V I T A l . I A N CORP
C O C A - C O L A B O T T L I N G OF N , NEW E N G L A N D
C O N S U M E R S W A TE R CO
DOWN E A S T P E A T P R O J E C T
H A N N A F O R D B R O T H E R S CO
PASSAMAQUODDY HOMES J V
ASMO M FG I N C
BASF (C H E M IC A L O I V )
C A S E Y C O M M U N I C A T I O N S MGMT .
C H IC A G O -T O K Y O BANK
NAME
IN C
S IC
F O R E IG N
1542
7362
****
3559
3699
2221
4213
3624
7375
3143
3674
3079
7372
6799
2834
3545
2041
5084
****
****
5812
3662
3636
7832
4151
5411
2646
3484
****
5999
4511
4151
3567
7361
****
5012
3331
7374
7391
3623
5661
2752
3573
38 25
3041
5012
7391
2006
4941
4911
5411
1521
3694
2024
7392
60
EGERTON TR U S T
H E S T A IR PLC
PGGM P E N S I O N F U N D S
F R A N C E , G O V T OF
KOBE S T E E L L T D
G I V I D I S . A . P . A . & T E X - I M P I A N T I SPA
F IN G O L D , D A V ID & PAUL ET AL
M E T R A V IB IN S T R U M E N T S IN C
DENTSU LTD
ROBERT STEPHENS H O L D IN G S PLC
MORGAN C R U C I B L E CO P L C
F S K CORP
ANDERS W IL H E L M S E N
P IE R S O N , H E L D R IN G & P IE R S O N
F A U L D I N G , F H & CO L T D
IN T L T W IS T D R IL L HLDGS LTD
IT A L G R A N I SPA
N IS S H O I W A I CORP
U N ID E N T IF IE D IN V E S T O R S
U N I D E N T IF IE D IN V E S T O R
PASTAVONI
KYOCERA CORP
C A M E L L IA IN V E S T M E N T LTD
H O Y ST S CORP H O L D IN G S PTY L TD
DEGROOTE, M IC H A E L G .
S A IN S B U R G J . PLC
G E F I N O R SA
H U T C H IN G S , GREGORY
L O N D O N & E D I N B U R G H R E D E V CO
M I T A N I CORP
TNT LTD
L A ID L A W T R A N S P O R T A T IO N LTD
THERM AL S C I E N T I F I C PLC
H E S T A IR PLC
SHUWA T R U S T CO
I S U Z U MOTORS L T D .
M I T S U B I S H I M E T A L COR P
V E R E R N ID E NERDERLANDSE
F U J I S A W A P H A R M A C E U T I C A L CO L T D
K E T T E L E C T R IC LAB
GORTZ F A M IL Y
J . S . A T K IN S O N ESTA TE
B O W TH O R P E H L D G S P L C
R H O D E & S CH W AR Z GMBH & CO KG
T E R U M O CORP
T O Y O T A MOTOR CO L T D
F E R R U Z Z I G R O UP
K I R I N B R EW ER Y CO L T D
F R A N C E , G O V ' T OF
S O C I E T E G E N E R A L E D E B E L G I Q U E SA
SOBEY F A M IL Y
M A K R O T A L O OY
T O Y O T A M OTOR C O R P
B A S F AG
S HA N D W IC K PLC
B ANK OF T O K Y O
IN V E S T O R
NA
TY
VALUE
UK
UK
NL
FR
JA
IT
CA
FR
JA
UK
UK
JA
NO
NL
AS
UK
IT
JA
KU
JA
IT
JA
UK
AS
CA
UK
SZ
UK
UK
JA
AS
CA
UK
UK
JA
JA
JA
NL
JA
JA
GE
CA
UK
GE
JA
JA
IT
JA
FR
BE
CA
FI
JA
GE
UK
JA
AM
AM
RE
AM
AM
AM
AM
AM
JV
AM
AM
AM
El
JV
AM
AM
El
OT
RE
RE
OT
AM
El
AM
AM
El
AM
AM
RE
AM
OT
AM
AM
AM
RE
PE
AM
AM
OT
JV
OT
AM
AM
NP
PE
PE
JV
AM
AM
JV
El
JV
NP
NP
AM
OT
2 9 .3
17 0 ! 0
20! 5
1 4 .0
3 1 .0
0 .0
5 0 .0
3 6 .0
6.7
261 .5
1 3 5 .2
1 1 2 .5
2 .5
1 5 .0
ioo!o
9 .3
3 .0
75! 0
1 6 .0
7^0
TS
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MI
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MN
MO
MO
US F I R M
I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D .BV
NAME
C L I F F FREEMAN & PAR TN ER S
CME CORP
E M S -TO G O CORP.
ENERGY C O N V E R S IO N D E V IC E S
E X - C E L L - 0 P A C K A G IN G SYSTEM S D I V
FE C I N C
GKN A U T O M O T I V E C O M P O N E N T S
G R A N D T R U N K W E S T E R N RR CO
G R I N D E R S FOR I N D U S T R Y I N C
H I LEX CORP.
H I T A C H I F A R M I N G T O N H I L L T E C H N I C A L CTR
HOMER D O N A L D S O N / K I T S U D A E N G . V E N T U R E
I I S T A N L E Y CO I N C
I D E M I T S U C H E M I C A L S USA
IN T E R K A L IN C
L E A R S I E G L E R I N S T R u A V I O N I C S Y S T E M S CORP
L E N A W E E S T A M P I N G CORP
M A S T E R C A S T CO
MAZDA NORTH A M E R IC A IN C
M I T S U I BANK
M O B IL O I L C O R P 'S PLANT & P R O P E R T IE S
N IP P O N D E N S O T E C H N IC A L CENTER
P A R K E R C H E M I C A L CO
P E N T A IR I N C 'S M IL L
P R O C O I L C OR P
R E P U B L IC P L A S T IC S
R O B IN TR A N SP O R T IN C
ROBOTRON D I V
R O C K W E L L C L U T H CO
R Y A N GR O UP
S IN T O K O G IO /R O B E R T S
SUSHI RESTAURANTS
S U S H I - I W A USA I N C
U N IG E N IN C
W A S T E R E M O V A L CO
W H IT T A R S T E E L S T R IP D I V I S I O N
W O L V E R IN E W O R LD W ID E IN C
Y U H S H IN ORSCHEN
A F C
IN C
B . D ALTON B OO KSELLER CO.
B L A N D I N P A P E R CO
BROWN P H O T O CO
D A T A C A R D CORP
E C O L A B 'S W O R LD W ID E CONSUMER P R D TS D I V
HONEYW ELL IN F O R M A T IO N SYSTEMS
IN T E R N A T IO N A L H A IR G O O D S IN C
I N T L M U L T I F O O D S CORP
J . L . S H I E L Y CO
M IN N E T O N K A 'S C H E C K -U P TOOTH PRDTS
OW A TON N A M FG CO I N C
P E A T A S S O C I A T E S OF A M E R I C A
S HELDAHL IN C
V A L S P A R MEBON
W O R T H IN G T O N D A I L Y GLOBE
A M E R I C A N I T A L I A N P A S T A CO
H A L L A M 'S PEANUT BUTTER PLANT
S IC
F O R E IG N
73 1 1
3714
2819
7391
3545
3569
3 7 14
4111
3541
5013
7 39 1
3465
3647
2821
2531
3662
3465
3369
739 1
60
29 1 1
7392
2899
2621
5051
282 1
42 13
3622
3714
42 13
3559
581 2
58 12
2869
4953
3316
3142
3 7 14
3079
5942
2621
7395
3662
2841
7372
5699
204 1
1442
2844
3523
1499
3679
5161
27 1 1
2098
2052
S A A T C H I BROTHERS
M I T S U B A E L E C T R I C MFG CO
E M S - T O G O AG
CANON I N C
E L O P A K AS
DA I - I C H I O E N T S U CO L T D
G U E S T , K EE N * N E T T L E F O L D
C A N A D IA N N A T IO N A L R A IL W A Y S
TO YOD A M A C H I N E WORKS L TO
N IP P O N CABLE SYSTEMS IN C .
H IT A C H I LTD
K I T S U D A E N G I N E E R I N G CO L T D
S T A N L E Y E L E C T R I C CO E T AL
I D E M I T S U KOSAN CO L T D
K O T O B U K I S E A T I N G CO L T D
S M I T H S I N D U S T R I E S P LC
MA Z D A MOTOR C O R P E T A L
K OK U SA N K I N Z O K U KOGYO L T D
M AZDA MOTOR CO L T D
M I T S U I BANK
B R O N FM A N F A M I L Y
T O Y O T A MOTOR CO L T D
H E N K E L KGAA
W E S T O N , GEOR GE
M A R U B E N I CORP
F E R R U Z Z I GR O UP
T N T LTD
M A R U B E N I CORP
I S U Z U M O TO R S L T D
C A N A D A T R A N S P O R T GR O UP
S IN T O K O G IO LTD
S U M I T O M O CORP
S U M I T O M O CORP E T A L
F E R R U Z Z I GR O UP
D EG ROOTE, M IC H A E L G .
DOFASCO IN C
M AL CO I N D U S T R I E S L T D
M A Z D A MOTO R CO L T D
S H E L L T R A N S P O R T & T R A D I N G CO P LC
V E N D E X I N T L NV
B R O N F M A N . EDWARD & P E T E R
S C O T T 'S H O S P I T A L I T Y IN C
Q UANDT, HERBERT F A M IL Y
J O H A B E N C K I S E R GMBH
F R A N C E , G O V T OF
A D E R A N S CO L T D
B R EG M A N F A M I L Y E T A L
E N G L I S H C H I N A C L A Y S P LC
L I O N CROP
V E R S A T I L E CORP
F I T Z G E R A L D , R E G IN A L D ET AL
S U M I T O M O B A K E L I T E CO L T D
U K , G O V T OF
T H O M S O N , K E N N E T H R 8. F A M I L Y
S P IG A D O R Q -P E T R IN I F A M IL Y
U N I D E N T I F I E D J A PA N E SE IN V E S T O R
IN VE ST O R
NA
TY
UK
JA
SZ
JA
NO
JA
UK
CA
JA
JA
JA
JA
JA
JA
JA
UK
JA
JA
JA
JA
CA
JA
GE
CA
JA
IT
AS
JA
JA
CA
JA
JA
JA
IT
CA
CA
AS
JA
UK
NL
CA
CA
GE
GE
FR
JA
CA
UK
JA
CA
UK
JA
UK
CA
IT
JA
OT
JV
NP
AM
AM
NP
NP
OT
AM
PE
NP
JV
OT
NP
AM
AM
NP
AM
OT
OT
AM
OT
AM
AM
JV
AM
AM
AM
JV
AM
JV
JV
OT
AM
AM
AM
AM
JV
AM
AM
PE
AM
AM
AM
OT
AM
AM
AM
AM
AM
OT
AM
JV
AM
JV
AM
VALUE
1 .5
1 .9
1 0 .0
1 .0
6 5 .6
5 .7
1 7 .0
1 2 .0
4 .0
3 3 .0
8 .0
3 5 0 .0
1 7 4 .0
2 4 2 .5
5 2 7 .0
1 0 .0
2 4 .9
7 3 .0
4 .9
2 6 .0
*7*7 I
1987 FO R E I G N DI R E C T
1987 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY S T AT E
TS
US F IR M
MO
MO
MO
MO
MO
MS
MS
MT
NO
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
NC
M UNTERS CORP
S T J O E GOLD CORP
TG (U S A ) CORP
T IP T O N CENTERS IN C
W E S T E R N L I T H O P L A T E & S U P P L Y CO
BENCH CRAFT IN C
H & W B L D G . PRODUCTS IN C
MONTANA R ESOURCES M IN E S ( 9 )
DUCON
AC M A U S A I N C
ADAMS PRO DUCTS CO .
B A H L S E N OF A M E R IC A IN C
BGM D I A M O N D T O O L S I N C
BLYTHE IN D U S T R IE S IN C
BORG W A R N E R 'S BYRON JA C K S O N PUMP D I V
BOTTCHER & GESSNER
B O TT E R O USA CORP
B U R L IN G T O N 'S D E N IM PLANT
C IN E P L E X
C I N E P L E X - O D E N CORP
CONCRETE B LD G S . CONCEPTS
D E L L E V E D O V E USA IN C
F O C K E & CO
F U J IT S U A M E R IC A IN C
G IL B A R C O IN C
H I G H P O IN T C H E M IC A L CORP
H IT A C H I A M E R IC A LTD
I C I ' S CARODEL S P E C IA L T Y R E S IN S
IM P A C T P L A S T IC S
IN T E C H
IS E W A N USA IN C
K A B IV IT R U M
K IN G F IS H E R P R IN T S
KOBE C OPPER PRO D UC TS IN C
K O N 1 C A M F G U SA I N C
LAND
M E R E D IT H /B U R D A CORP
M I T C H E L L D I S T R I B U T I N G CO
M I T S U B I S H I S E M IC O N D U C T O R A M E R IC A
MO N R O E E N Q U I R E R J O U R N A L E T A L
NAFM E N G I N E E R IN G CORP
NC P R O D U C T S CO
OKUMA M A C H I N E T O O L S I N C
O L I V E R A M E R I C A N H I G H P O I N T W O O D W O R K IN G CO
O R G A N O N T E K N I K A COR P
P A U L D I N G E L E C T R I C A L P R D T S SUB
R A L P H S Q U IR E S HOMES
REXHAM CORP
RHEON
RHO NE-PO ULENC
SARSTEDT IN C
S IL V E R H I L L M IN E
SUBARU OF A M E R IC A IN C
S U M IT O M O E LEC RESC H T R I
T A K E D A C H E M IC A L P R D T S . USA IN C
T E C A N U SA L T D
NAME
S IC
F O R E IG N
2899
1041
3714
5722
2753
2512
5039
1021
2048
3551
3271
2052
5084
161 1
5084
5084
5084
221 1
7832
7832
3271
5084
3559
3661
3586
2865
5065
2821
3079
3552
4712
7391
5199
3351
3861
#* * *
2751
5082
3674
271 1
3551
3251
3541
2426
3841
3643
1521
2641
2045
5161
5122
1044
5012
3661
2834
5086
I N C E N T I V E AB
BOND v A L A N
T O Y O T A M O TO R C O , E T A L
D IX O N S PLC
M I T S U B I S H I C H E M IC A L IN D U S T R IE S LTD
Z U N G , RONALD B E I FAN & YVONNE
REDPATH IN D U S T R IE S LTD
U N ID E N T I F I E D A U S T R A L IA N IN V E S T O R S
BRONFMAN F A M IL Y
G . D . SPA
C E M E N T -R O A D STO N E H O L D IN G S PLC
BAHLSEN F A M IL Y
Z . B A V E L L O N I SPA
ALFR E D M C A L P IN E PLC
OKUMA M A C H I N E R Y WORKS L T D
S T E I N B E I S & C O N S O R T E N GMBH E T A L
B O T T E R O SPA
D O M IN IO N T E X T IL E IN C
D R A B IN S K Y , GARTH ET AL
D R A B IN S K Y , GARTH ET AL
DEDANSK S U K K E R F A B R IK K E R A / S
VEDOVE F A M IL Y
F O C K E & CO GMBH
F U J I E L E C T R I C CO L T D
G E N E R A L E L E C T R I C CO P L C
KAO C O R P
H IT A C H I LTD
IM P E R IA L C H E M IC A L IN D S PLC
R O E C H L I N G H A R E N KG
T A K A T O R I M C H Y M F G CO L T D
I S E W A N T E R M I N A L S E R V I C E CO L T D
SVENSKA STATEN
K IN G F IS H E R P R IN T S LTD
KOB E S T E E L L T D
K O N I S H I R O K U P H O T O I N D CO L T D
U . K . IN V E S T O R S
B U R D A GMBH
B LA C K W OO D H O D G E P L C
M I T S U B I S H I E L E C T R I C CORP
THOMSON, KENNETH R & F A M IL Y
N I P P O N A U T O M A T I C F I N E M CHY CO L T D
C EM E N T -R O A D STO N E H O L D IN G S PLC
OKUMA M A C H I N E WORKS L T D
F U J I S T E E L CO L T D
AKZO NV
HAMMOND M F G CO L T D
C .H .B E A Z E R H O LD IN G S
BOW ATER I N D U S T R I E S P L C
R H E O N A U T O M A T I C M CH Y CO
F R A N C E , G O V T OF
SARSTEDT IN C
N I A G A R A C A P I T A L C OR P
F U J I HEAVY IN D U S T R IE S LTD
S U M IT O M O E L E C I N D L T D
TAKEDA C H E M IC A L IN D U S T R IE S LTO
T E C A N AG
IN V E S T O R
NA
TY
SW
AS
JA
UK
JA
SN
CA
AS
CA
IT
El
GE
IT
UK
JA
GE
IT
CA
CA
CA
DA
IT
GE
JA
UK
JA
JA
UK
GE
JA
JA
SW
UK
JA
JA
UK
GE
UK
JA
CA
JA
El
JA
JA
NL
CA
UK
UK
JA
FR
GE
CA
JA
JA
JA
SZ
NP
AM
PE
AM
AM
El
AM
AM
JV
AM
AM
NP
OT
AM
AM
OT
OT
AM
OT
OT
NP
OT
NP
OT
AM
AM
OT
PE
AM
AM
OT
PE
OT
JV
NP
RE
NP
AM
PE
AM
OT
AM
NP
PE
PE
OT
AM
AM
NP
OT
OT
OT
NP
PE
NP
NP
VALUE
551 .0
30 .4
3. 2
2 4 .0
0 .2
3 0 .0
1 2 .8
2 0 5 .0
3 .3
0 .3
2 5 0 .0
7 .0
4! 8
1 2 0 .0
0 .4
3 .0
3 6 .0
2 0 0 .0
.
.
1 .4
.
.
2 2 6 .0
.
5 .0
1 .3
25! 0
.
1987 F O R E I G N D I R E C T
TS
NC
NC
NC
NC
NC
ND
NE
NE
NE
NE
NH
NH
NH
NH
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
US
F IR M
IN V E S T M E N T S
T R AN SA CT I O N S ,C O M P L E T E D ,BV
NAME
TEXMAC IN C
T R I A N G L E M A N U F A C T U R I N G COR P
V O L V O - G M H E A V Y TR U C K CORP
W IL S O N -C O O K M E D IC A L IN C
ZEVATECH
U N I O N T E X A S P E T R O L E U M / N E S T E OV V E N T U R E
L IN C O L N G R A IN
T E C H -H A U S IN C
T R W 1S C A P A C IT O R D I V
VALMOND IN D U S T R IE S IN C
B E R R Y T R A N S P O R T A T I O N CO I N C
C L A R O S T A T M FG CO I N C
P E R M A T T A C H D I A M O N D TO O L COR P
POLYCLAD L A M IN A T E S IN C
AERO S E R V IC E S I N T E R N A T I O N A L IN C
A I R C R U I S E R S CO
ALCO GRAVURE IN C
A L L I E D S IG N A L S N EP TU N E IN T L U N IT
B P PERFORMANCE POLYMERS I N C .
B U R E A U V E R I T A S C O N T A I N E R S E R V I C E COR P
C A L U M E T MFG CO
CANRAD IN C
C A S IO IN C
CELG ENE CORP
CONNECTRON IN C
D A TA TEL IN C
DELMED IN C
D U C A IR B IO E S S E N C E IN C .
D U R K E E F R E N C H FO O D S
F IR M E N IC H IN C
F IR S T JER S EY N A T IO N A L
FU N DSNET IN C
G O O D A L L R U B B E R CO
H A Y D E N P U B L I S H I N G CO
H O E C H S T C E L A N E S E CORP
H U LS A M E R IC A IN C
I N G E R S O L L - R A N D F I N A N C I A L CORP
J . M E R E D I T H B U S CO
JURAKU R ES TAURANT
J V C P R O F E S S I O N A L P R O D U C T S CO
K IN D Y C H IL D R E N F U R N IT U R E
K IN G S B R O O K COUNTRY E S T A T E S
K O M A T S U A M E R I C A COR P
LANGGUTH
L E A R S I E G L E R A V I O N I C S S Y S T E M S CORP
M A T S U S H IT A E D U C A T IO N CENTER
MC R E P R O T E C H S M I T S U B I S H I C H E M I C A L S
M E T R O O I L & C H E M I C A L COR P
M I T S U B I S H I E L E C T R IC SALES AMER. IN C
M O N IT O R IN C
N EC A M E R I C A
O C C ID E N T I A L ' S PROCESS C H E M IC A L D IV
P R O C E S S C H E M . D I V . OF D I A M O N D S HA M R OC K
R E D S T A R E X P R E S S L I N E S OF A U B U R N I N C
R O D IE R P A R IS
ROUSSEL UCLA FF H O L D IN G S
S IC
F O R E IG N
3552
3949
7549
384 1
5084
1311
5153
1542
3675
3532
4151
3678
3545
2891
4582
3069
2754
3824
3079
4789
3079
3641
3573
7391
3643
3662
3842
2844
2099
2869
60
7399
3041
2721
5161
5161
61
4151
5812
5064
5999
****
5082
2641
3728
3631
2865
5161
5064
5075
5063
2891
2869
4213
5621
5161
C . I T O H & CO L T D O
ST LA W R E N C E MFG CAN AD A I N C
V O L V O AB
W IL S O N -C O O K M E D IC A L IN C
B A C H O F E M AG
F I N L A N D , G O V ' T OF
ELDERS I XL LTD
GERMAN I N V E S T O R S
S H I Z U K I E L E C T R I C CO L T O
F I D E L I T Y IN T L LTD
S C O T T S H O S P I T A L I T Y CO
H AWKER S I D D E L E Y GR OUP P L C
A S A H I D I A M O N D I N D U S T R I A L CO L T D
COOKSON P LC
A T T A R , 0 1 BO
Z O D IA C IS S Y LES M O U LIN E A U X
M AXW ELL, ROBERT
SCHLUMBERGER LTD
U N I T E D K I N G D O M , G O VT OF
BUREAU V E R IT A S
M E T A L BOX P L C
ARC I N T L
C A S I O C O M P U T E R CO L T D
H O E C H S T AG
HAWKER S I D D E L E Y G R O U P P L C
DOWTY G R O UP P L C
F R E S E N I U S AG
TSUMURA JU N TEN D O I N C .
R E C K I T T & COLM A N P L C
U N I D E N T I F I E D S W IS S IN V E S T O R S
N A T I O N A L W E S T M I N S T E R B A N K GR O UP
N A T IO N A L B U S IN E S S SYSTEMS IN C .
T R E L L E B O R G G U M M I N F A B R I K S AB
V N U BV
HOECHST A G
V E B A AG
H O N G K O NG S H A N G H A I B A N K I N G CORP
S C O T T S H O S P I T A L I T Y CO
K A T O , C HUNG O
M A T S U S H I T A E L E C T R I C I NO CO L T D
B A B Y L A N D IA M O V IS IN F A N T O J U V E N IS
T R A F A L G A R H O U S E G R O UP
KOMATSU L T D
L A N G G U T H GMBH 8« CO
S M IT H S IN D U S T R I E S PLC
M A T S U S H I T A E L E C T R I C I N D . CO L T D
M I T S U B I S H I C H E M IC A L IN D U S T R IE S LTD
S I M O N E N G I N E E R I N G P LC
M IT S U B IS H I E L E C T R IC
TOKYO B O E K I L TD
N EC CORP
H E N K E L GMBH
H E N K E L KGAA AG
TNT LTD
P R O U V O S T SA
H O E C H S T AG
IN V E S T O R
NA
TY
JA
CA
SW
CA
SZ
FI
AS
GE
JA
BD
CA
UK
JA
UK
IT
FR
UK
UK
UK
FR
UK
CA
JA
GE
UK
UK
GE
JA
UK
SZ
UK
CA
SW
NL
GE
GE
HK
CA
JA
JA
BR
UK
JA
GE
UK
JA
JA
UK
JA
JA
JA
GE
GE
AS
FR
GE
NP
AM
PE
NP
OT
JV
AM
AM
AM
El
AM
AM
AM
AM
El
AM
AM
AM
PE
OT
NP
AM
OT
NP
AM
AM
AM
AM
OT
NP
AM
AM
El
AM
OT
OT
AM
AM
OT
OT
OT
RE
OT
OT
AM
OT
PE
AM
OT
OT
OT
AM
AM
AM
OT
NP
VALUE
3 0 .8
7 4 .0
7 7 .5
2 0 .0
2 0 .5
40 .0
1 2 .5
2 5 .0
8 2 0 .0
3 .5
4 .0
7 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S *C O M P L E T E D ,BV
TS
US
F IR M
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NJ
NM
NM
NV
NV
NV
NV
NV
NV
NV
NV
NV
NV
NY
NV
NV
NY
NV
NV
NY
NY
NY
NV
NY
NV
NV
NV
NY
NV
NV
NV
NV
NV
NV
NV
NV
NY
NV
NV
NV
NV
NV
SCHO O L B US CO
S H IM A S E I K I M F G CO
S H O P P IN G C E N T E R
S IE M E N S
S S A N G Y O N G S H I P P I N G ( U S A ) IN C
S T E N D IG /V IT R A J O IN T V E N T U R E
S T E R L IN G E X T R U D E R C O R P
TA K A S CORP USA
T O P C O N IN S T R U M E N T C O R P O F A M R .
T R IA N G L E M IC R O W A V E IN C
T U S C A N D A I R Y F A R M S IN C
W A D E L L E Q U I P ' S A IR C R A F T D I V
W IN S O R & N E W TO N
W V R O U G H & L A S E R IN C
V IP K O N C O R P
R E S E R V E O I L & M IN E R A L S C O R P
SAFEW AY D I V . E L PASO
D U N E S H O T E L A N D C A S IN O
E L E C T R O N IC S P E C IA L T Y P R O D U C T S IN C
H IL L T O P G O LD P R O P E R T Y
L A C A N A G O L D IN C
N IP P O N M I N I N G O F N E V A D A L T D
R O U N D M O U N T A IN G O L O M IN E
S T IM A G IN G T E C H N O L O G Y
S H IN K O . K E S A I
W IN D E C K E R IN C
ZACA PRO PERTY
A & P FU TU R E STORES
A C & R /D H B & B E S S
A O T IN C
A E R O S P A C E A V I O N IC S IN C
A 1C P HO TO IN C
ALEXON
A L F R E D O U N H IL L O F LO N D O N IN C
A L G O N Q U IN H O T E L
A M E R IC A S TO W E R S
A M M IR A T I & P U R I S I N C .
A P - D O W J O N E S /T E L E R A T E CO
AUD
B . A L T M A N & CO
B A LLY IN C .
BANQUE B R U X E L L E S LAM BERT
B A R C L A Y S B A N K S U B S ID IA R Y
B A S I L E B O U T IQ U E
B A U S C H & L O M B S ' O P H T H A L M IC D I V
B A U S C H & L O M B S ' O P T IC A L D I V
BERK
B IC E R E S TA U R A N T
B L A S E R S W IS S L U B E IN C
B L U E ARROW
B O R D E N ' S W Y L E R P O W D . S O F T D R IN K B U S .
B R A U N H O R T IC U L T U R E
CA B LEC CORP
C A P IT A L D I S T R I C T T H E A T E R S
C A R S T E A M S H IP IN C
C A R LE TO N GROUP
NAME
S IC
F O R E IG N
4151
3552
****
3679
4411
2521
3549
2899
3811
3679
2026
3541
3299
5161
5084
1094
5411
7011
5944
1041
1041
1041
1041
3955
3079
3624
1041
5411
7311
3679
3662
5043
5621
5611
7011
****
7311
7351
7362
5311
5661
621
6211
5621
3851
3832
5632
5812
2992
7362
2087
3496
3357
7832
4463
3823
D E G R O O T E , M IC H A E L G .
S H IM A S E I K I S E IS A K U S H O CO L T D
YAOHAN
S IE M E N S AG
SSANG VONG CORP
V IT R A AG
B A K E R P E R K IN S P L C
TAKASAGO CORP
T O Y O O P T IC A L CO L T D
A R IA D N E A U S T R A L IA L T D
JO HN L A B A T T L T D
A U X IL E C SA
R E C K IT T & C O LM A N P L C
B A Y E R AG
SHL SVSTEM HOUSE
B R IE R L E Y , R O N A L D E T A L
A S K O D E U T S C H E K A U F H A U S AG
N A N G A K U , M ASAO
W A LTE R JA C O B & CO L T D
B R O N F M A N , P E T E R & EDW ARD
IN T E R N A T IO N A L C O RONA R E S O U R C E S
N IP P O N M I N I N G L T D
E C H O B A Y M IN E S L T D
S A N G Y O CO L T O , S T
S H IN K O K E S A I
N IP P O N S T E E L C O R P E T A L
C A L IF O R N IA G O LO M IN E S L T O
T E N G E L M A N N F A M IL Y
S A A T C H I BROTHERS
HAW LEY GROUP P LC
HAW K ER S ID D E L E Y G R O U P P L C
M A X W E L L E L E C T R O N IC S L T D
A LE X O N GROUP P LC
ROTHM ANS IN T L PLC
A O K I CORP
KUMAGAI G UM I
B O A S E M A S S IM P O L L I T T P L C
U N IT E D K IN G D O M , G O V T OF
H E S T A IR P L C
H E R S C U . GEORGE
O E R K IL O N -B U H R L E H O L D IN G S
BANQUE B R U X E L L E S LAM BERT
BA R CLAYS BANK PLC
B A S IL E H O U S E
C A M B R ID G E IN S T R U M E N T S CO P L C
C A M B R ID G E IN S T R U M E N T S CO P L C
B E R K , H A R V E Y F A M IL Y
B IC E R E S T A U R A N T
B L A S E R S W IS S L U B E
B L U E ARROW P L C
U N IL E V E R N V
BRAUN N U RSERY L TD
B IC C P L C
HOVTS CO RP. P T V . L T D .
K A W A S A K I K IS E N K A IS H A L T D
FR G R O U P P L C
IN V E S T O R
LTD
NA
TY
CA
JA
JA
GE
KS
SZ
UK
JA
JA
AS
CA
FR
UK
GE
CA
NZ
GE
JA
UK
CA
CA
JA
CA
JA
JA
JA
CA
GE
UK
UK
UK
HK
UK
UK
JA
JA
UK
UK
UK
AS
SZ
BE
UK
IT
UK
UK
UK
IT
SZ
UK
NL
CA
UK
AS
JA
UK
AM
NP
RE
OT
OT
JV
AM
NP
PE
AM
AM
AM
NP
AM
AM
EI
AM
AM
AM
JV
EI
OT
OT
NP
NP
JV
OT
OT
OT
AM
AM
EI
OT
PE
AM
RE
AM
EI
AM
AM
PE
OT
OT
OT
AM
AM
OT
OT
NP
OT
AM
NP
EI
OT
AM
AM
VALUE
1 0 .0
9 .0
7 .0
5! 5
157! 7
1 .3
7 0 .0
12.0
715.0
2 8 .0
2 9 .0
31 ! e
0
26
TS
NY
NY
NY
NY
NY
NY
NY
NY
NV
NV
NY
NV
NY
NV
NV
NY
NY
NY
NV
NY
NV
NY
NV
NY
NY
NY
NY
NY
NV
NY
NY
NV
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NV
NY
NV
NY
NY
NY
NY
NY
NY
NY
NY
NY
US
F IR M
I NVESTMENTS TR AN S A CT I ON S , COMP L E T ED , 8 V STAT
NAME
CASCADES N IA G A R A F A L L S IN C
C B S R E C O R D S GR OUP
C E L A N E S E CORP
C H I C A G O P N E U M A T I C S TO O L & E Q U I P D I V
C l S P E C IA L C H E M IC A L S I N C .
C IR O IN C .
C I T I C O R P B LD G
C OM A R T A S S O C I A T E S I N C .
COMPUTER ASSOCS IN T L IN C
COMPUTER T E R M IN A L SYSTEM S IN C
CONTEL B U S IN E S S SYSTEMS
C O R N E L L C O M P U T E R CORP
COUNTRY E P IC U R E IN C
DAWSON I N T E R N A T I O N A L USA
D I V E R S I F I E D P R I N T I N G CORP
DOVER HO TE L
E L E C T R O S O U N D G R O UP I N C
E L M E R L I T T L E 8. SONS I N C
E S P R IT SYSTEM S IN C
FORTUNE C O O K IE S
F R E T T E USA
G A K K Y U S H A USA C O .
G B I I N T L IN D U S T R IE S IN C
G E 'S ADVANCED LASER TECHNOLOGY
G IA D A
G IR O Z E N T R A L E
HAKUHODO A D V E R T I S I N G A M E R IC A IN C
H A R P E R & ROW P U B L I S H E R S I N C
HDM W O R L D W I D E
HERMES
H E R M E T I C A I R C R A F T I N T L CORP
H I - T E C H R O B O T IC S LTD
H O O K E R , L J R E T A I L CORP
HUDSON R IV E R CENTER
H V O G O SOGO BANK
I N D I A N SUMMER I N C
I S S E Y M I Y A K E USA
J A C Q U E L IN COCHRAN
J O Y 'S OZONE IN D U S T R IE S
JW T G R O U P ( J W A L T E R T H O M P S O N )
K I M P E X U SA L T D
K I N G R OAD M A T E R I A L S I N C
K L M /IN T E R E X
LAND ( 6 9 AVRESO
L A U R E N C E , C H A R L E S , F R E E & LAWSON
L I N O T Y P E CO
LO E W E
M A R IN E M ID L A N D BANKS IN C
M A R T E L L , J & F D I F F U S I O N USA
M A T R I X CORP
M C C A L L P A T T E R N CO
M E D IA RECORDS
MERGER & A C Q U I S I T I O N TEAM ( M & A )
M IC C O N S U L T IN G
M I L A N D ' OR
M IN O L T A ADVANCE TECHNO LOGY IN C
S IC
F O R E IG N
2631
3652
2869
3545
5161
5944
** * *
7392
7372
3573
7392
7379
2051
5632
2754
701 1
3652
3151
3672
5621
5719
8221
3545
3662
562 1
62
731 1
2731
731 1
5948
5088
3679
531 1
** * *
603
2099
5621
2844
3532
731 1
3751
2951
45 1 1
* * * *
731 1
3555
5948
60
5948
3573
274 1
731 1
7392
7392
5621
3861
CASCADES IN C
SONY CORP
H O E C H S T AG
A T L A S COPCO AB
C . I T O H 8. C O . L T D
G O L D , A B R AH A M E T . A L
D A I - I C H I M U T U A L L . I . CO
R O T H M A N S I N T L P LC
H A E F N E R , WALTER
S E D I O NV
H A W LE Y GROUP P L C
C O M P U T E R POWER CORP
V IL G R A IN F A M IL Y
DAWSON I N T E R N A T I O N A L P LC
M AXW ELL, ROBERT
J A P A N E S E RE D E V COS
C IN R A M LTD
SWANY CORP
A D V A N C E D D A TU M I N F O R M A T I O N CORP
T A K I H Y O CO L T D
MOSCA, V IT T O R IO F A M IL Y
KUMON I N S T I T U T E OR E D U C A T I O N
LA P S K E R , IT Z C H A K
F E R R A N T I PLC
G IA D A
G IR O Z E N T R A L E V IE N N A
SSC 8c B : L I N T A S W O R L D W I D E
W I L L IA M C O L L IN S PLC
EUROCO M S A / D E N T S U CO
J E A N - L O U IS D U M A S-H ER M ES F A M IL Y
WESTLAND PLC
T R I - C A N D EVELOPM ENTS LTD
H E R S C U , GE O R G E
GOMES DE A L M E I D A , F E R N A N D E S E T A L
HYO G O SOGO BANK
N A K AN O V I N E G A R L T D
WACOAL I N T L CORP
F R A N C E , G O V T OF
BBA G R O UP P L C
WPP G R O UP P LC
SOUCY, G IL L E S
CEM E N T-R O A D STO N E H O LD IN G S LTD
KLM R O Y A L D U T C H A I R L I N E S BV
C A R R E F O U R SA
LOWE H O W A R D - S P I N K 8. B E L L P LC
C O M M E R Z B A N K AG
V U IT T O N , L O U IS
H ON G K O N G S H A N G H A I B A N K I N G C O R P
MARTELL F A M IL Y
B A Y E R AG
J O H N C R OW T HE R G R O UP P L C
VNU NV
M I T S U B I S H I COR P
M I T S U B I S H I CORP
M IL A N D 'O R
M I N O L T A C A MERA CO L T D
IN VE ST O R
NA
TV
VALUE
CA
JA
GE
SW
JA
CA
JA
UK
SZ
SZ
UK
AS
FR
UK
UK
JA
CA
JA
CH
JA
IT
JA
I S
UK
JA
AU
UK
UK
FR
FR
UK
CA
AS
BR
JA
JA
JA
FR
UK
UK
CA
El
NL
FR
UK
GE
FR
HK
FR
GE
UK
NL
JA
JA
JA
JA
PE
AM
AM
AM
OT
El
RE
AM
AM
AM
AM
AM
AM
OT
AM
AM
AM
AM
El
OT
OT
OT
AM
AM
OT
OT
JV
AM
JV
PE
AM
AM
OT
RE
OT
AM
OT
AM
AM
AM
NP
AM
JV
RE
AM
AM
OT
El
OT
AM
AM
AM
OT
OT
OT
NP
15.0
2000.0
2850 .0
85.5
1 .0
670 . 0
19.8
0. 1
10.0
350.0
18.5
0.2
22.8
4.2
0. 1
2. 1
566.6
.
.
18.0
24 . 8
756. 0
22 . 1
63.0
2,4
8<7l
1VIB 7 FO R E I G N D I R E C T
9 8 7 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BV
TS
US
F IR M
NY
NY
NY
NY
NY
NY
NY
NV
NY
NY
NY
NY
NY
NY
NY
NY
NY
NV
NY
NY
NY
NY
NV
NY
NY
NY
NY
NY
NY
NY
NV
NV
NV
NY
NY
NY
NY
NV
NV
NY
NY
NY
NY
NY
NV
NY
NY
NY
NY
NV
NV
NV
NY
NY
NY
NY
M O D E R N B R ID E
MOHAW K P A P E R M I L L S IN C
M O JO MOA
MS M A G A Z IN E
N A F -N A F
N A IG A I N IT T O
N A T IO N A L L E G A L S E R V IC E S
N C C I N D U S T R I E S IN C
NEM KO IN C
N EW M O N T M I N I N G C O R P
N IA C H L O R
N IA G A R A H I L T O N
N IH O N K E I Z A I S H IM B U N IN C
N IK K O C A P IT A L S E R V IC E S IN C
N IP P O N C A R G O A I R L I N E S
N I S S E I E L E C T R IC CO
N O R T H A M E R IC A N P H I L I P S C O RP
N T T A M E R IC A IN C
O E S T E R R E IC H IS C H E B A N K
O H M T E K IN C
O N E N IG H T S T A N D IN C
O T I S E R V IC E S I N C
P A C I F I C L I N K E X P R E S S CO
P A IN E W E B B E R G R O U P IN C
P A R L U X F R A G R A N C E S IN C
POLYCHRO M E CORP
P O W E R S C H EM C O IN C
P R E M IE R E
P R O F IT S Y S T E M S IN C
P U B L IC IS
Q U E E N S FA R M S D A IR Y
R A I CORP
R E IC H H O L D C H E M IC A L IN C
R E U T E R S IN F O R M A T IO N S E R V IC E S
R EV LO N IN C ' S V IS IO N CARE D IV
R I S I N G S U N CO
R O D IE R P A R IS
R O S E T T O FO O D S
S A A T C H I a S A A T C H I DSF
S A A T C H I & S A A T C H I G R O UP ONE
S A I N T L A U R E N T - R IV E G A U C H E
SASSY
S C H E N L E V I N D U S T R I E S IN C
S H E A R S O N L E H M A N B R O T H E R S H O L D IN G S IN C
S H E R M A N S U P E R S O N IC I N D U S T R IE S C O R P
S H O P P IN G C E N T E R
SHYAM A H U JA
SO C K SHO P
S P E C IA L M E T A L S C O R P
S P E X G R O U P IN C
S T A T O IL
S U B A R U /M A R IN E M ID L A N D J V
S U M IT O M O T R U S T & B A N K IN G CO ( U S A )
S U M M IT O F F IC E S U P P L Y IN C
T A C H IK A W A CORP
T A K E D A B U S IN E S S S E R V IC E USA
NAME
S IC
F O R E IG N
2721
2621
7311
2721
5699
4712
8111
2342
3743
1021
2819
701 1
7374
628
451 1
5065
3693
481 1
621
3676
7299
7362
4012
621 1
5122
3955
3861
2721
4731
731 1
2026
4833
2819
7351
3851
5812
561 1
2038
731 1
731 1
5621
2721
2085
62
3589
*♦ **
5713
5621
3341
3832
5172
6159
60
51 12
3479
7392
R E E D IN T E R N A T IO N A L P L C
S TO R A K O P P A R B E R G S B E R G S L A G S AB
M O JO MDA
F A I R F A X , W A R W IC K & F A M IL Y
IN F L U E N C E - P O K N A F -N A F
N A IG A I N I T T O CO L T D
GESSA CORP LTD
S P IE S S H O F E R , G U E N T H E R
M I T S U I & CO L T D
O P P E N H E IM E R , H A R R Y F . & F A M IL Y
B R O N F M A N F A M IL Y
M A T O V IC , R A D O M IR
N IH O N K E I Z A I S H IM B U M IN C
N IK K O S E C U R IT I E S
A L L N IP P O N A IR W A Y S CO L T D
N I S S E I E L E C T R IC CO L T D
P H IL IP S NV
N IP P O N T E L E G R A P H & T E L E P H O N E C O R P
O E S T E R R E IC H IS C H E L A E N D E R B A N K AG
S F E R N IC E SA
D O N IG E R , J O A N N A
E C C O SA
Y A M A S H IT A - S H IN N IH O N S T E A M S H IP CO L T D
YASUDA M UTUAL L . I . C .
Z A F R I , E R V IN E T A L
D A IN IP P O N IN K & C H E M IC A L S
K O N IS H IR O K U P H O T O I N D CO L T D
F I L I P A C C H I , D A N IE L
L E P GROUP PLC
P U B L IC IS G R O U P , TH E
JO H N L A B A T T L T D
I T A L Y , G O V 'T O F
D A IN IP P O N IN K & C H E M IC A L S IN C
R E U T E R S H O L D IN G S P L C
P IL K 1 N G T 0 N B R O T H E R S P L C
TEM PO R A R Y C E N TE R CORP
P R O U V O S T SA
JO H N L A B A T T L T D
S A A T C H I BRO THERS
S A A TC H I BROTHERS
D E B E N E D E T T I, C A R L O
F A I R F A X , W A R W IC K & F A M IL Y
G U IN N E S S P L C
N IP P O N L . I . C .
S H E R M A N S U P E R S O N IC IN D U S T R IE S CORP
D A I - I C H I F U D O S A N CO L T D
SHYAM A H U JA L T D
SOC K S H O P I N T L P L C
AUBERT & OUVAL
O V E R S E A S P R IV A T E E Q U I T I E S N V
N O R W A Y , G O V 'T O F
F U J I H E A V Y IN D U S T R IE S E T A L
S U M IT O M O T R U S T & B A N K IN G CO L T D
B U H R M A N N -T E T T E R O D E N V
T A C H IK A W A B L IN D M A N U F A C T U R IN G CO L T O
TA K E D A C H E M IC A L IN D S L T D
IN V E S T O R
NA
TY
VALUE
UK
SW
AS
AS
FR
JA
SZ
GE
JA
SO
CA
CA
JA
JA
JA
JA
NL
JA
AU
FR
UK
FR
JA
JA
AU
JA
JA
FR
UK
FR
CA
IT
JA
UK
UK
JA
FR
CA
UK
UK
IT
AS
UK
JA
CA
JA
IN
UK
FR
NA
NO
JA
JA
NL
JA
JA
AM
JV
OT
AM
OT
OT
AM
El
PE
El
NP
AM
OT
OT
OT
OT
El
OT
OT
AM
OT
AM
OT
AM
AM
PE
AM
JV
AM
OT
AM
OT
AM
OT
AM
OT
OT
AM
OT
OT
OT
OT
AM
AM
NP
RE
OT
OT
AM
AM
OT
JV
OT
AM
OT
OT
6 3 .7
1 4 .4
15! 0
i '.a
0. 1
1 5 5 1 .0
1 6 .6
8 .0
6 8 0 .0
3 0 0 .0
2 0 .0
1 3 .2
7 .5
6 0 0 .0
574! 0
4 8 0 .0
5 0 8 .3
2 .5
7 2 .5
7 .6
87 F O R E I G N D I R E C T
TS
NY
NY
NV
NY
NY
NY
NY
NY
NV
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NY
NV
NY
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
US
F IR M
I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BV
NAME
T A R L A Z Z I STORE
T E C H N O G E N E T IC S IN C
TERMASCAN IN C
T E X A S E A S T E R N C O R P / H A L C O N SC D E S I G N
T I F F A N Y & CO
TNT E X P R E S S A IR
TOHO M UT UA L L . I , C .
T O K A I C A R BO N
T R A N S L I N K USA IN C
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
V A R IE T Y IN C
V EN D EX P A C I F I C IN C
V IC O N IN D U S T R IE S IN C
W . J . S E R V IC E S
W A LD B A U M I N C
W E I S S , PECK & GREEN
W E L L IN G T O N H O TEL
W H I T E H A L L F I N A N C I A L G R O UP
W I L L I A M ' S CO D E N T A L D I V
W I L L IS & G E IG E R
4 6 1 F I F T H AVENUE
6 6 6 F I F T H AVENUE
A A P S T M A R Y S CORP
A M C A S T I N D U S T R I A L CORP
A M E R I C A N A G G R E G A T E S CORP
AMTEX IN C
APOLLO IN D U S T R IE S IN C .
BANNER I N D U S T R I E S IN C
B A R N E B E Y - C H E N E Y CO
B A U M F O L D E R CORP
BONDED M A C H IN E C O 'S PLA NT
C LE VE LA N D C O N S U L T IN G A S S O C IA T E S
D A Y I N T L CORP
D Y R O T E C H N IC S P E C IA L T IE S IN C
E N E K I A M E R IC A IN C
FORMA S C I E N T I F I C D I V .
G E N C O R P ' S G E N E R A L T I R E & R U B B E R CO
H A R S H A W /F IL T R O L P A R T N E R S H IP
H I FLO IN C
H IS A N IN C
H O N D A OF A M E R I C A MFG CO
IR D M E C H A N A L Y S IS IN C
K D I CORP
L . E . C A P E N T E R 'S ASSETS
L E B L O N D M A K I N G M A C H I N E TO O L CO
LO N D O N K I T C H E N S
M . A . H A N N A CO
M A L L I N C K R O D T S ' FLO WCO P R O D U C T S D I V
MATHER M ETA LS IN C
M E T A L C A R B ID E CORP
METRO TOYOTA
M I D W E S T M O LD & T E X T U R E CORP
M I T S U B I S H I BAN K
M I T S U B I S H I E L E C T R IC A M E R IC A IN C
M OBAY CORP
N E A T O N A U T O P R D T S MFG I N C
D IV
S IC
FO R E IG N
5621
5122
3841
7391
3911
45 1 1
671 1
3624
4782
441 1
2721
3573
3662
4459
541 1
672
701 1
671 1
3843
2339
* * **
* * * *
3714
3321
14 4 2
227 1
5013
3532
2819
3554
3531
7392
3069
2899
3714
38 1 1
301 1
2 8 19
3079
3292
3714
3829
3949
2649
3541
521 1
1011
2821
3714
3291
55 1 1
3544
60
3694
282 1
3714
A N G E L O T A R L A Z Z I SA
R E C O R D A T I S PA
D E T L E V , B A U R S -K R EY
D E N K I KAGAKU KOGYO KK
MERCHANT NAVY O F C . P E N S IO N
TNT LTD
TOH O M U T U A L L , I . C .
T O K A I C A R BO N CO L T D
I R I S H M A IN P O R T H O L D IN G S
T R A N S P O R T M A R I T I M E D ' A M E R I Q U E SA
REED IN T E R N A T IO N A L PLC
V E N D E X I N T L NV
C H U G A I B O Y E K I CO L T D
WORMS S E R V I C E S M E R I T I M E S
TENGELMANN F A M IL Y
L L O Y D S BANK P L C
S E E B A , SAMUEL
DEGUNZBURG F A M IL Y
I V O C L A R AG
ASHLEY F A M IL Y
M I T S U I R E D E V CO L T D
S U M I T O M O R E A L T Y & D E V E L O P M E N T CO
H I T A C H I M E T A L S CORP
C H A S E CORP L T D
O P P E N H E IM E R , HARRY F . & F A M IL Y
H A Y A S H I T E L E M P U CO L T D
LEWO, J .
S T E IN E R , JEFFREY J
S U T C L IF F E SPEAKMAN
D E T O S T A S I A T I S K E K O M P A G H I AS
D A I F U K U CO L T D
SA A TC H I BROTHERS
B R O N F M A N . P E T E R & EDW ARD E T A L
I M P E R I A L C H E M I C A L I N D U S T R I E S P LC
E N K E I G R / M I T S U B I S H I CORP
P H I COM P L C
C O N T I N E N T A L G U M M I W ER K E AG
C LO R E , ALAN
TORAY I N D U S T R IE S IN C
SAN O H I N D U S T R I A L CO L T D
H ON D A MOTOR CO L T D
D OB S ON P A R K I N D U S T R I E S
A R IA D N E A U S T R A L IA LTD
FO R B O AG
M A K I N O M I L L I N G M A C H I N E CO L T D
MAGNET & SOUTHERN PLC
B R O N F M A N , EDW ARD & P E T E R
H E N K E L KGAA
NHK S P R I N G CO L T D
H A R M E T A L L AG
T O Y O T A M O T O R S CO L T D
T A T E M A T S U MOLOW ORKS CO L T D E T A L M I T S U B I S H I BANK L T D
M I T S U B I S H I E L E C T R I C CORP
B A Y E R AG
N IH O N P L A S T LTO
IN V E S T O R
NA
TV
FR
IT
GE
JA
UK
AS
JA
JA
El
HA
UK
NL
JA
FR
GE
UK
UK
CA
LS
UK
JA
JA
JA
NZ
SO
JA
CA
AU
UK
DA
JA
UK
CA
UK
JA
UK
GE
UK
JA
JA
JA
UK
AS
SZ
JA
UK
CA
GE
JA
SZ
JA
JA
JA
JA
GE
JA
OT
AM
AM
AM
AM
OT
OT
OT
OT
OT
AM
OT
AM
OT
AM
AM
AM
AM
AM
AM
RE
RE
NP
El
AM
OT
El
AM
AM
AM
AM
AM
AM
AM
PE
AM
AM
AM
NP
JV
PE
AM
El
AM
El
OT
El
AM
NP
AM
OT
NP
OT
NP
PE
PE
VALUE
5 .8
0.6
1 8 .6
50 !o
3.Q
149 . 2
6 7 .5
2.0
1 5 .0
5 0 0 .0
20.0
2.2
2 4 2 .0
1 2 .5
0.6
3 .0
3 .0
2.0
1 3 3 .6
9 .0
56. 0
6 2 5 .0
3 .0
450
24
3
37
.0
.2
.3
.0
22. 1
11.5
25 . 0
1987 F O R E I G N O I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D , B Y
TS
U S F IR M
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OH
OK
OK
OK
OK
OK
OK
OK
OK
OK
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
OR
NEW S A B IN A IN D U S T R I E S IN C
NEW MAN T E C H N O L O G Y I N C
NORW OOD D I V O F L . B . F O S T E R CO
NOVA
O G L E B A Y N O R T O N CO IN C
PETROSURANCE
P H O T O N IC IN T E G R A T IO N R E S C H IN C
P I N E M ANO R I N C
R A N C O IN C
SCM C H E M IC A L S IN C
S E T E X IN C
S T A N D A R D O I L CO
S T E R L IN G IN C
S U N B U R Y C O M P O N E N T S IN D U S T R I E S
T . S . T R IM I N D U S T R IE S IN C
T E IK O K U C O R P
T O M A S C O M U L C IB E R IN C
T O R A V IN D U S T R I E S IN C
T V T R A V E L IN C
U N IC O R P E N E R G Y I N C
V O L V O -G M H E A V Y T R U C K C O R P
W ASTE R EM O V A L COS ( 2 )
VUSA CORP
A L L E N -B R A D L E V T D K M A G N E T IC S C O R P .
C A R L - B U I L T IN C
C H I N A - U S L I A I S O N O F F / I N T ' L E N T E R P R IS E S
1 N T E R S IM ( G M I )
IO C H E M C O R P
L IN E A R F IL M S IN C
T D K O K LA H O M A C O R P
T E L E X CORP
T H R E E B U O Y S H O U S E B O A T V A C A T IO N S
A B S O R P T IV E T E C H N O L O G Y IN C
A D V A N C E A U T O M A T IC V E N D IN G IN C
A M E R IC A N T O K Y O K A S E I KOG VO
A V IA GROUP IN T L IN C .
B IO P R O D U C T S IN C
B O IS E C A S C A D E B L D G
CWS C O R P
D A IT O S H O J I CO
O E E F O R E S T P R O D U C T S IN C
E P S O N -P O R T L A N D IN C
E X C H A N G E B LD G
FA R W E S T G O R E -T E X S P E C IA L T Y SH O P
F U J I T S U M IC R O E L E C T R O N IC S IN C
G E R B E R L E G E N D A R Y B L A D E S IN C
J O H N L A B A T T FO O D S
K AM BARA U S A
N IP P O N KOKAN
PETALUM A LTD
P O R T L A N D F R E IG H T L IN E R IN C
P S I C O N V E Y IN G G R O U P S IN C
R A D IO -H O L L A N D
S U N N Y S ID E P L A Z A
T T A M E R IC A IN C
U S H IO IN C
NAME
S IC
F O R E IG N
3714
3442
3462
5051
4431
6711
3674
8051
3822
2816
2531
2911
5499
3714
2211
3714
3465
2221
4724
4924
3711
4953
3069
3264
3713
9611
3699
2819
3079
3679
3573
4459
2879
5962
7392
3149
2047
♦ ***
3599
5065
2499
3573
****
5611
3674
3421
2032
2782
3674
2084
5599
3535
5063
****
3295
3645
H O N D A M O TO R CO L T D
H O N D A M O TO R CO L T D
C O G IF E R SA
C . IT O H & CO L T D
B R IE R L E Y , R O N A LD A . E T A L
FO R UM R E IN S U R A N C E CO L T O
N IP P O N T E L E G . & T E L E P U B L IC C O R P E T A L
O M N I H E A LT H CARE
S IE B E P L C
H A N S O N I N D U S T R IE S P L C
T A C H I - S CO L T D
U N IT E D K IN G D O M , G O V 'T O F
R A TN ER GROUP PLC
SHOWA M A N U F A C T U R IN G CO
T O K Y O S E A T CO L T D
T E IK O K U C H RO M E CO L T D
M A S U D A M A N U F A C T U R IN G CO L T D
T O R A V IN D U S T R I E S IN C
W A G O N -L IT S SA
M A N N , GEORGE S .
V O L V O AB
D E G R O O T E , M IC H A E L G .
Y A M A S H IT A R U B B E R CO L T D
TDK CO RP.
N ATHANS LTD
P E O P L E S R E P U B L IC O F C H I N A , G O V 'T O F
B ET PLC
IO C H E M C O R P
S C O T T IS H A M IC A B L E L I F E A S S U R . SOC
T D K CO R P
M EM O R E X I N T L N V
IN V E S T O R
A B S O R P T IV E T E C H N O L O G Y
F U J I V E N D IN G L T D
T O K Y O K A S E I KOG YO CO L T D
R O B E R T S T E P H E N S H O L D IN G S P L C
M I T S U I & CO L T D
C O M M E R C IA L S E C U R I T I E S L T D
G E B R . S U L Z E R AG
D A IT O S H O J I CO L T D
H A Y L O C K , OWEN F E T A L
S E IK O -E P S O N C O R P
C O M M E R C IA L S E C U R IT I E S L T D
FAR W E S T IN D U S T R IE S
F U J I E L E C T R IC CO L T D
F IS K A R S OY AB
JO H N L A B A T T L T D
KAM BARA F A M IL Y
N IP P O N KOKAN KK
C L Y D E I N D U S T R IE S L T O
D A IM L E R - B E N Z AG
G R O U P E L A P E R R IE R E & V E R R E A U L T
K O N IN K L IJ K E N E D L L O Y D G R O EP N V
G REYM OR D E V E L O P M E N T
TO V O T A N S O CO L T D
U S H IO IN C
IN C
NA
TY
JA
JA
FR
JA
NZ
BD
JA
CA
UK
UK
JA
UK
UK
JA
JA
JA
JA
JA
BE
CA
SW
CA
JA
JA
AS
CH
UK
JA
UK
JA
NL
CA
CA
JA
JA
UK
JA
NZ
SZ
JA
NZ
JA
NZ
CA
JA
FI
CA
JA
JA
AS
GE
CA
NL
CA
JA
JA
NP
JV
AM
JV
AM
AM
JV
AM
AM
NP
JV
EI
AM
NP
NP
NP
NP
NP
AM
OT
NP
AM
JV
JV
AM
OT
AM
NP
AM
OT
AM
OT
PE
AM
NP
AM
AM
RE
AM
OT
JV
PE
RE
OT
NP
AM
OT
NP
NP
OT
OT
AM
OT
RE
NP
NP
VALUE
.
1 7 .9
8 .3
1 .9
4 .5
1 5 0 .0
1 8 .0
3 .0
7 9 9 2 .0
210.0
2 5 .0
20.0
13^0
2 3 .5
.
1 2 .7
7 .5
9 1 1 .0
7 .5
2.0
0.6
.
5 7 .9
5 .3
.
.
.
1 3 0 .0
.
1 .4
6 0 .0
.
6.0
3 .0
1987
FOREIGN DI RECT
TS
US F I R M
OR
OR
OR
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PA
PR
RI
RI
RI
RI
RI
RI
RI
SC
SC
SC
SC
SC
SC
SC
SC
SC
W I L C O X B LD G
1 4 5 5 E . B U R N S I D E RD
6 2 1 S . W . A D L E R B LD G
A IR FRANCE
A L L E G H E N Y ' S A P P L I A N C E GROUP
A L L IA N C E P L A S T IC S IN C
AUGUSTA A V IA T IO N CORP.
B E S T F L E X IN C
CHASE E C O N O M E T R IC S IN C
CHEMCLEAR IN C
CYCLOPS CORP.
D A U P H IN D I S T R I B U T I N G S E R V IC E S
D E C I S I O N I N D U S T R I E S LGRP
F U J I S A W A S M I T H K L I N E CORP
G E 'S HVDC U N I T
H . H . R O B E R T S O N CO
I N T L S I G N A L & C O N T R O L GROUP I N C
JURAKU R ES TA U R A NT
K A N E G A F U C H I C H E M I C A L I N D S CO
K L E E R D E X CO
L . B . F O S T E R C O ' S A R C H . HARDWARD GR OUP
L A T R O B E B R E W I N G CO
N A T I O N A L R O L L CO
PENN T R A D IN G IN T E R N A T IO N A L LTD
P O L Y T R IB O IN C
ROHM & H A A S H V D R A N A U T I C S SUB
ROHM & H A A S ' S E E D B U S .
S C H O O L B U S CO
T O F L E A M E R IC A IN C
TO S O -HAAS
W E L D E D T U B E CO OF A M E R I C A
W E S T M O R E L A N D C O A L CO
C A R I B B E A N G U L F R E F I N I N G CORP
BURTON IN D U S T R IE S IN C
C H A M P LA IN P I P E L I N E PRO JECT
E IC H H O F F
H A N N A I N S T R U M E N T S OF A M E R I C A
T E C H N IC A L COMPONENTS IN C
TORAY IN D U S T R IE S
WELGREN M FG . I N C .
ADO C O R P
A D V A N C E D C O M P O S I T E M A T E R I A L S CORP
BENETEAU
BMG
HAHL F IL A M E N T S IN C
K U N J A I N D U S T R I A L CO
LETRON
R A N G O N I OF F R A N C E
S L A C K & P A R R H Y D R A U L I C C OR P
SOMET I N C
S TE V E N S /S O M M E R
TNS M IL L S IN C
TN S M IL L S IN C
TNS M IL L S IN C
A M E R I C A N Y A Z A K I C O R P U SA
ATC IN C
sc
sc
sc
sc
sc
TN
TN
* *********************************************************
INVESTMENTS TRANSACTI ONS, COMPl ET ED, BV STATE
NAME
S IC
F O R E IG N
** **
* ** *
C O M M E R C IA L S E C U R I T I E S LTD
J A L L A D , MAMOOR
C O M M E R C IA L S E C U R I T I E S LTD
F R A N C E , G O V ' T OF
R E I L CORP
B U N Z L PLC
E F IM
TO F LE IN C
WEF A S S O C I A T E S
N E W A R T H IL L PLC
D I X O N S GROUP P L C
N A T I O N A L F R E I G H T C O N S O R T I U M PLC
ECONOCOM I N T L NV
F U J I S A W A P H A R M A C E U T I C A L CO L T D
C IE GENERALE D ' E L E C T R IC IT E
BELZBURG F A M IL Y
F E R R A N T I PLC
K A T O , CHUNGO
K A N E G A F U C H I C H E M I C A L I N D S CO L T D
T S U T S U N A K A P L A S T I C I N D S . CO
BEA C O N C A P I T A L CORP
JOHN LA B A T T LTO
AB I N T E R F I N A N S
M A R U B E N I CORP
F U J I K U R A K A S E I CO L T D
N I T T O E L E C T R I C I N D U S T R I A L CO
KWS K L E I N W A N Z E B E N E R S A A T Z U C H T AG
DEGROOTE, M IC H A E L G .
T O F L E CO I N C
T O Y O SODA M FG CO
PALMER T U B E M I L L S LTD
V E B A AG
Z E E V I , GA D
CONTROL T E C H N IQ U E S PLC
NOVERCO IN C
G E B R . E IC K H O F F M ASCH.
HANNA IN S T R U M E N T S
F R A N C E , G O V T OF
TORAY IN D U S T R IE S IN C
W E L L C O M E F O U N D A T I O N P LC
W U LF, HUBERT
T A T E H O C H E M I C A L I N D S . CO L T D
BENETEAU F A M IL Y
MOHN, R E IN H A R D
E R W I N H A H L GMBH
K U N J A I N D U S T R I A L CO L T D
L E T R O N GMBH
RANGONI
S L A C K & P AR R L T D
SOMET
SOMMER A L L I B E R T SA
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
T S U Z U K I S P I N N I N G CO L T D
Y A Z A K I CORP
UBE I N D U S T R I E S L T D ET AL
* * * *
451 1
3634
3079
5088
3498
7392
4953
52 1 1
5149
3573
2834
3573
3444
3662
5812
2821
2821
3442
2002
3559
5172
3861
2069
0191
4151
3317
5161
3317
1211
291 1
3679
4922
5065
3022
3679
2282
7391
2221
2019
3732
5001
5065
2253
2435
5661
3569
5004
2271
2201
2281
2201
3679
2821
IN V E S T O R
NA
TV
NZ
SY
NZ
FR
AS
UK
1T
JA
SZ
UK
UK
UK
FR
JA
FR
CA
UK
JA
JA
JA
CA
CA
SW
JA
JA
JA
GE
CA
JA
JA
AS
GE
IS
UK
CA
GE
IT
FR
JA
UK
GE
JA
FR
GE
GE
KS
GE
IT
UK
IT
FR
JA
JA
JA
JA
JA
RE
RE
RE
OT
AM
AM
NP
JV
AM
AM
AM
AM
AM
El
AM
El
AM
OT
JV
JV
AM
AM
AM
OT
JV
AM
AM
AM
NP
JV
AM
El
AM
AM
JV
OT
NP
AM
NP
JV
PE
AM
NP
OT
OT
NP
NP
OT
OT
OT
JV
NP
PE
PE
OT
NP
VALUE
0 .5
3 .3
3.7
3 8 4 .0
1.5
1.0
35. 0
3 .0
0 .5
3 0 .3
28. 1
1 0 0 .0
0 .7
.
2 1 3 .0
2 0 .0
3 .0
25 .0
3 .5
14 . 0
28 . 0
1. 1
6 5 .0
♦
1987 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BY
TS
US
F IR M
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TN
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
BECKERS L A Y -T E C H
2396
B E N D IX J ID O S H A K I K I
3714
C A L S O N IC M FG . CORP.
3714
COLORTECH IN C
2821
E Q U IT A B L E E N S K IL D A JV
6211
H A M IL T O N CONCRETE PRODUCTS
3272
HO W M E T T U R B I N E P R O D U C T
3511
IK E D A IN T E R IO R SYSTEM S IN C
2211
K IL G O R E CORP
2899
KOM ATSU AMER MFG CORP
3531
M -T E K IN C
2399
M A D IS O N P R E C IS IO N PRODUCTS
IN C
M I - TECH S TE E L IN C
5051
N IH O N R A D IA T O R
3585
N I S S A N MOTOR CORP
3711
P O R C E L A IN IN D U S T R IE S IN C
3469
R A NDALL P H I L L I P S B U IL D E R S IN C
1521
S T A N D A R D - C O O S A T H A T C H E R CO
2284
T E K S ID A LU M IN U M FOUNDRY IN C
3714
T E N N E S S E E M ETA L CORP
5051
TEN NEX IN D U S T R IE S IN C
3714
T R I-C O N IN D U S T R IE S LTD
2531
T S U B A K I M O T O E N G I N E E R I N G OF
AMER I N C
V O N G A H L E N CO
3499
W A STE R EM O VA L COMPANY
4953
W H I R L P O O L ' S H E I L - Q U A K E R HOM E S Y S T E M S 3 5 8 5
Y AM AKAWA M A N U F A C T U R I N G C O R P OF A M E R I C A 3 4 6 5
1 8 6 7 C O N F E D E R A T I O N OF LOG H O M E S
5031
A DVANCED TOBACCO PRODUCTS IN C
2131
AFTEC H L E A S IN G IN C
7394
A R A B IA N S H IE L D DEV E LO P M E NT
CO
AUS GROUP J V
6531
B A Y L Y , M A R T IN & FAY
63
BERKLEY NOBEL R IS K R E T .G P
63
B O O R H E IM - F IE L D S IN C
1442
BRYCO IN C
3273
C AMCO I N C
3533
C H A M P L I N R E F I N I N G CO
2911
DALLAS MARKET CENTER
****
OENKA C H E M IC A L CORP
2821
DU P O N T D E N E M O U R S & CO E l
2819
ENERGY V ENTURES IN C
1382
E N T E R P R I S E D E V CO
6552
E R IC S S O N
3661
F IN C H , D O I & B E R L IN E R IN C
7392
FO REST O I L C O R P 'S WELLS
1311
G A L V E S T O N - H O U S T O N CO I N C
3533
GAS G A T H E R IN G SYSTEM S IN C
5172
H A R K E N O I L & GAS I N C
1311
IN T E R L O X A M E R IC A
2819
IN T E R T A N IN C
5732
K E N C O P E E N E R G Y COS
1389
K E N T E L E C T R O N I C S CORP
5065
K T I COR P
3661
L . D . B R IN K M A N 'S C ARPE T & FLOOR U N I T 5 0 2 3
LAKE PADRE DEVELOPM ENT
****
NAME
S IC
F O R E IG N
3363
3531
1011
IN V E S T O R
B E I J E R I N V E S T M E N T AB
J I D O S H A K I K I CO L T D
N I S S A N M O TO R C O * L T D .
COLORTECH IN C
S K A N D IN A V IS K A E N S K IL D A BANKEN
M AR S H A LLS H A L L I F A X PLC
F R A N C E , G O V T OF
I K E D A B U S S A N CO L T D
A S T R A GROUP P LC
KOMATSU L T D
N I S S A N M OTOR CO L T D
T E I S A N D I E C A S T I N G I N D U S T R I A L CO L T D
M I T S U I & CO L T D
N I H O N R A D I A T O R CO L T D
N I S S A N M OTOR CO L T D
DERLAN IN D U S T R IE S LTD
C .H .B E A 2 E R H O L D IN G S
T O O T A L GROUP PLC
A G N E L L I F A M IL Y
SU M ITO M O CORP L T D
N I S S A N M O TO R CO L T D
T O K Y O S E A T CO L T D
T S U B A K I M O T O C H A I N CO
VON G A H L E N
DEGROOTE, M IC H A E L G .
I N T E R - C I T Y GAS CORP
YAMAKAWA I N D U S T R I E S
1 8 6 7 C O N F E D E R A T I O N OF LO G H OM ES
P H A R M A C I A AB
Z Y T E C COMPUTER LTO
AL Z U H A I R , HARB SALEH
E L D E R S F I N A N C E G R O UP
N IK O L S GROUP
B E R K L E Y CORP
C E M E N T - ROADSTONE H O L D IN G S LTD
L A F A R G E C O P P E E G R O UP
PEARSON PLC
V E N E Z U E L A , G O V ' T OF
D A I - 1 C H I MUTUAL L . I . C .
B A Y E R AG
B R O N FM A N F A M I L Y
S I D A W I , RAJA
H A Y S O N GR O UP
LM E R I C S S O N T E L F O N AB
T R A N S -M E D IA RESOURCES IN C
F R A N C E , G O V ' T OF
S ID A W I, RAJA
O P P E N H E IM E R . HARRY F . & F A M IL Y
TRACO IN T E R N A T IO N A L NV
LAPORTE IN D S /S O L V A Y C IE
U N I C O R P CORP
NEW LO N D O N O I L P L C
M E R C U R Y I N T L G R O UP P L C
A M E R I C A N T E L E C O M M U N I C A T I O N S CORP
J O H N CROW THER GR O UP P LC
U N ID E N T IF IE D IN V E S T O R S
NA
TY
VALUE
SW
JA
JA
CA
SW
UK
FR
JA
UK
JA
JA
JA
JA
JA
JA
CA
UK
UK
IT
JA
JA
JA
JA
NL
CA
CA
JA
CA
SW
CA
SA
AS
IT
BD
El
FR
UK
VE
JA
GE
CA
AU
AS
SW
JA
FR
AU
SO
SA
UK
CA
UK
UK
CA
UK
GE
NP
JV
PE
NP
JV
AM
NP
OT
AM
PE
NP
JV
JV
NP
PE
AM
AM
AM
JV
OT
NP
NP
NP
OT
AM
AM
NP
OT
AM
AM
El
1 5 .0
4. 1
1 0 .0
2 .2
AM
JV
AM
AM
El
AM
RE
AM
PE
AM
AM
OT
JV
AM
AM
El
El
NP
AM
AM
AM
AM
AM
RE
5 .0
9! 6
3 .5
2 .0
1 3 .0
4 .0
8 .0
4 .0
2 .0
1 7 6 .0
2 0 .0
3 .0
2 .0
.
.
72! 0
9 0 .0
2 0 0 .0
.
0 .9
.
1 5 .3
4 6 .0
1 7 .5
5 .6
1 .4
2 .2
5 7 .0
2 .0
1987 F O R E I G N D I RE CT
TS
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
TX
UN
UN
UN
UT
UT
UT
UT
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
VA
US F I R M
I N V E S T M E N T S T R AN SA CT I O N S ,C O M P L E T E D ,BV
NAME
M IC R O P A C IN D U S T R I E S IN C
M IE C O IN C
M I R E X CORP
M IT A
M IT S U B IS H I E L E C T R O N IC S AMER. IN C
MYTEC POLYMERS IN C
N A T I O N A L P I P E AN D T U B E CO
N ET W O R K S E C U R I T Y CORP
N I P P O N P I G M E N T USA I N C
O F F I C E B LD G
OXOC O I N C
PENGO W I R E L I N E
R DK
R E T A IL CENTER
R I F F E P E T R O L E U M CO
S A K O W ITZ IN C
S E I K O - E P S O N CORP
S H IN T E C H IN C
S I S U USA
SW A C O /G E O LO G R A PH P IO N E E R
TA C O V I L L A R E S T A U R A N T S
T A L E N T TREE T E M P O R A R IE S IN C
TEXAS IN T E R N A T IO N A L C O 'S O IL /G A S ASSETS
T E X A S O I L & C H E M I C A L CO I N C
TO TAL ASS E TS P R O T E C T IO N IN C
T R I T O N E N E R G Y CORP
T R I T O N E N E R G Y CORP
U N I DEN CORP OF A M E R I C A
U N IG A T E RESTAURANTS
U N IO N TEXAS PETROLEUM H O LD . I N C 'S PRO PS.
W A S TE R E M O V A L COM PA N Y
W O O D B IN E P E T R O L E U M IN C
ZENO O F F IC E SYSTEMS
I B F - B I O T E C H N I C S USA
S HO P P IN G CENTERS ( 5 )
SKC
BP M IN E R A L S A M E R IC A
BRUMBVS'
GOLD S TA ND A R D IN C
S O L - A I R E S A L T 8. C H E M I C A L CO
A S S O C . M FG . & IN D U S T . C O N S T R . SVCS
C O M M O N W E A L TH B LD G
H O LLA N D COLOURS IN C
I & S A S S O C IA T E S
I N E T CO OF A M E R I C A
I N T E R L E U K I N - 2 IN C
J . P . S T E V E N S ' W I D E E L A S T I C F A B R I C BUS
KAY J E W E L E R S I N C
KLOCKNER CO NTRACT P A C K A G IN G
LUFTHANSA
LYNWOOD P L A Z A
M A R T IN P R O C E S S IN G IN C
O F F IC E BLDG
OPTON IN C
O R B IT SEARCH S E R V IC E S
P L A Z A W E ST
S IC
F O R E IG N
3679
5172
5999
3579
361 2
2824
331 2
5999
2821
** * *
1311
1389
5086
* * * *
2951
565 1
3851
2821
5088
3533
5 8 12
7362
1311
291 1
7372
13 11
1311
3661
581 2
1311
4953
1311
508 1
7391
* * ♦*
5065
1021
5812
104 1
2899
7392
* ** *
2865
89 1 1
7379
2831
2241
5944
2655
451 1
* * **
2221
* * * *
H E M P E L , F . W.
M A R U B E N I CORP
E R S K IN E HOUSE PLC
M I T A I N D U S T R I A L CO L T D
M I T S U B I S H I E L E C T R I C CORP
M I T S U B I S H I P E T R O C H E M I C A L CO L T D
C A S T E L L V I , JOHN
I N S P E C T O R A T E I N T E R N A T I O N A L SA
N I P P O N P I G M E N T CO L T D
M A T S U S H I T A KOSAN CO L T D
P H O E N I X V E N T U R E S SA
JO H N WOOD GRO UP PLC
R I K A D E N K I KOGYO CO L T D E T A L
U N I D E N T I F I E D IN V E S T O R S
F R A N C E . G O V ' T OF
H E R S C U , GEORGE
S E I K O - E P S O N CORP
S H I N - E T S U C H E M I C A L CO L T D
S I S U A U TO AB
J O H N WOOD G R O UP P LC
U N IG A T E PLC
H E S T A IR PLC
F R A N C E , G O V ' T OF
IB N A B D ULLA H IB N A B D U L , KHALED
I N C O M E GROUP L T D
YUNGHANNS, PETER N.
B R I E R L E Y , R O N A L D E T AL
U N I D E N CORP
U N IG A T E PLC
R O Y A L D U T C H S H E L L GR O UP
DEGROOTE, M IC H A E L G.
MOAGE L T D
E R S K I N E H O U S E G R O UP P LC
F R A N C E , G O V T OF
C A M P E A U CORP
S U N K Y O N G C H E M I C A L CO L T D
U N I T E D K I N G D O M , G O V ' T OF
A C A D I A B A K I N G CO
S A A D I E N , R AY
B R I E R L E Y , RON E T A L
N I S S H O IW A CORP
LADBROKES
HO LLAND COLOURS APPELOOORM
T O B I S H I M A C OR P
B E L L CANADA E N T E R P R IS E S IN C
M A N D A R I N C A P I T A L CORP
C O U RTAULDS PLC
B U C H E R ER , JOERG G.
K L O E C K N E R - W E R K E AG
F E D E R A L R E P OF G E R M A N Y , G O V ' T OF
S I E M A N S AG
COURTAULDS PLC
C . I T O H & CO E T A L
T A T S U G H U C H I KOGYO G L A S S CO L T D
M AXW ELL, ROBERT
LADBROKES
32 1 1
7372
* * * *
IN V E S T O R
NA
TY
GE
JA
UK
JA
JA
JA
VE
SZ
JA
JA
BF
UK
JA
HK
FR
AS
JA
JA
FI
UK
UK
UK
FR
SA
AS
AS
AM
OT
AM
NP
NP
JV
AM
AM
NP
RE
AM
AM
OT
RE
AM
AM
AM
PE
OT
JV
AM
AM
AM
AM
AM
EI
EI
NP
OT
AM
AM
EI
AM
NP
RE
OT
OT
OT
AM
AM
JV
RE
NP
AM
JV
AM
AM
AM
NP
OT
RE
AM
RE
NP
AM
RE
NZ
JA
UK
NL
CA
AS
UK
FR
CA
KS
UK
AS
CA
NZ
JA
UK
NL
JA
CA
CA
UK
SZ
GE
GE
GE
UK
JA
JA
UK
UK
VALUE
5 .8
80. 0
9 .0
1 0 5 .0
5 .0
1 3 .3
2.8
0 .9
4 2 .0
10.0
120.0
1 .9
6.0
1.2
5 .6
83 . 0
200
.0
1 .8
42 . 5
6.6
1 0 .4
9 .5
100 . 0
67. 0
*
907 F O R E I G N D I R E C T I N V E S T M E N T S T R A N S A C T I O N S ,C O M P L E T E D ,BV
TS
US F I R M
VA
VA
VA
VA
VA
VA
VA
VT
VT
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WA
WI
WI
WI
WI
WI
WI
WI
WI
WI
WV
WV
R E E S E C O M M U N I C A T I O N S C OS I N C
S U M IT O M O
T A R G E T IN G SYSTEM S IN C
T H O M S O N - C S F 'S S Y S T E M S & WEAPONS GROUP
T IM E -O U T F A M IL Y AMUSEMENT C T .
V D O - V A Z A K I CORP
V I E DE FR A N C E CORP
HOUSECRAFT IN D U S T R IE S
I N T L C H E E S E CO I N C
A IR B O R N E F R E IG H T CORP
A U T O W A R E H O U S I N G CO
C OSTC O W H O LES A LE CORP
FAR WEST G O R E -T E X S P E C IA L T Y
SHOP
H A N A N O K I CO
H E A T H S I G N CO
IC O N SYSTEM S & SOFTWARE
KETTLE R IV E R PROJECT
KUEHNE & NAGEL
M I T S U B I S H I E L E C T R IC SALES A M E R IC A
N I C H I R E I C O R P OF A M E R I C A
ONCOMEMBRANCE I N S T I T U T E
P A C IF IC VENEER LTD
R E N A IS S A N C E GRX IN C
S A N S H I N M O K U Z A I K OG YO CO
S E K IS U I HOUSE A M E R IC A
S U G IY O USA
T E A L CEDAR
WEST COAST FO REST PRODUCTS IN C
W E S T IN H O TE LS & RESORTS
A L L IS CH ALM ERS' S O L ID PROC.
E Q U IP D IV
B E L O I T CORP
G . H E I L E M A N B R E W I N G CO
I D E A L S P U B L I S H I N G CORP
I K E I N T E R N A T I O N A L CORP
M AN P OW ER I N C
M IL W A U K E E MACK S A L E S IN C
PM P F E R M E N T A T I O N P R D T S I N C
W E S T E R N GEAR CORP
E A S T E R N GAS & F U E L ASSOC COAL
P R O P E R T IE S
S T E E L OF W E S T V I R G I N I A I N C
NAME
S IC
7392
3566
7392
5063
3999
3624
2051
3914
2022
4712
4226
5141
5611
5612
3997
7372
1041
4 7 12
5064
2091
7391
2 4 11
3573
2421
5031
2092
2429
2421
7011
3532
3551
2002
2731
2435
7362
5012
204 1
3566
1211
3312
F O R E IG N
IN V E S T O R
WP P G R O U P P L C
S U M IT O M O H E A V Y I N D U S T R I E S L TD
WPP GROUP P LC
FR A N C E , GOVT OF
SEGA E N T E R P R IS E S L T D
Y A Z A K I SOGVO E T A L
V IL G R A IN F A M IL Y
HOUSECRAFT IN D U S T R IE S
T I E N S E S U IK E R I N T L BV
TN T LTD
TNT LTD
CARREFOUR N ED ER LA N D BV
FAR WEST IN D U S T R IE S
H A N A N O K I CO L T D
P A T T I SON, J IM
S A N Y O E L E C T R I C CO L T D
E CH O B A Y M I N E S L T D
R O W LAND, RO LAND W.
M I T S U B I S H I E L E C T R IC CORP
N I C H I R E I CORP
O T S U K A P H A R M A C E U T I C A L CO L T D
BANK OF TOKYO
kanem atsu- gosho ltd
S A N S H I N M O K U Z A I KOG YO CO L T O
S E K IS U I HOUSE LTD
S U G I Y O CO L T D E T A L
T E A L CEDAR PRODUCTS 1 9 7 7 LTD
S E K IS U I HOUSE LT D
A O K I CORP
B O L I D E N AB
M IT S U B IS H I HEAVY IN D . LTD
BOND, ALAN
GUTENBERGHUS BLADENE A /S
I K E I N T E R N A T I O N A L C OR P
B L U E ARROW P L C
F R A N C E , G O V T OF
F U J I S A W A P H A R M A C E U T I C A L CO L T D
LUCAS IN D U S T R IE S PLC
O P P E N H E IM E R . HARRY F . & F A M IL Y
R O T H S C H IL D , JA C 08
NA
TY
UK
JA
UK
JA
JA
JA
FR
CA
NL
AS
AS
NL
CA
JA
CA
JA
CA
UK
JA
JA
JA
JA
JA
JA
JA
JA
CA
JA
JA
SW
JA
AS
DA
JA
UK
FR
JA
UK
SO
UK
AM
NP
AM
OT
AM
NP
El
NP
AM
El
AM
El
OT
OT
AM
El
OT
OT
OT
NP
NP
JV
AM
NP
OT
JV
NP
AM
AM
AM
AM
AM
AM
NP
AM
PE
NP
AM
AM
AM
VALUE
9
1 6 .0
1 3 .0
1 6 .8
3 0 .9
2 .5
3 .2
0 .5
1 .4
0 .3
1 .0
0. 1
7 5 0 .0
9 7 .9
6 0 .0
1 2 0 0 .0
1 3 5 0 .0
1 1 0 .0
4 0 .0
- 156 -
APPENDIX D
DESCRIPTION OF KEY TERMS
SOURCE COUNTRY ABBREVIATIONS
STANDARD INDUSTRIAL CLASSIFICATION (SIC)
REFERENCE TABLE
INVESTMENT FORMS REFERENCE TABLE
157
-
DESCRIPTION OF KEY TERMS
Acqui si tion -- a transaction in which title to stock or assets of
the U.S. target is secured by another person or enterprise. The
substantive result is that one party obtains ownership of another.
Agencies —
foreign financial intermediaries operating in the United
States primarily financing international transactions, but prohibited
from accepting domestic deposits.
Branches — foreign financial intermediaries (integral parts of the
foreign parent banks) which can accept domestic deposits.
Development — realty investments that involve construction (as
opposed to purchase).
Equity Increase — a rise in the percentage of equity securities
held, or an equivalent increase in percentage ownership, by a foreign
investor.
Foreign Direct Investment — the direct
foreign entity of 10 percent or more of
incorporated business enterprise, or an
unincorporated business enterprise, and
in real property.
or indirect ownership by a
the .oting securities of an
equivalent interest in an
a 10 percent or more interest
Joint Venture — a transaction in which two or more parties establish
a new corporation to which each contributes according to the
provisions of the joint-venture agreement.
Merger — a transaction which results in the dissolution of the
acquired business enterprise, into either another already existing or
into a reorganized (but not always renamed) company.
New Plant — a new operating facility, established either ir
conjunction with an existing foreign-owned productive enterprise or
as a completely new venture.
Plant Expansion — an addition to the capacity of an existing
foreign-owned operating facility.
Purchases — used herein to describe realty transactions,
specifically the acquisition of real property.
Standard Industrial Classification (SIC) — categorizes U.S.
industries in a numerical classification series, in accordance with
the composition and structure of the domestic economy.
Subsidiaries — separate legal entitles either owned or controlled by
foreign investors but permitted to do business in the United States
under state and/or Federal authority.
Transaction Value — the reported total cost of the investment, or
the estimated proportion(of the Investment if a joint venture,
regardless of the source or timing of funds.
- 158 SOURCE COUNTRY ABBREVIATIONS
Abbreviation
AS
AU
BD
BE
BF
BR
BX
CA
CH
DA
El
FI
FR
GE
HA
HK
ID
IN
IS
IT
JA
KS
KU
LS
NA
NL
NO
NZ
SA
SN
SO
SW
SY
SZ
TO
TW
UK
VE
Country
Australia
Austria
Burmuda
Belgium
Bahamas
Brazil
Brunei
Canada
China
Denmark
Ireland
Finland
France
Germany. F.R.
Hai ti
Hong Kong
Indonesia
India
Israel
Italy
Japan
Korea, Rep.
Kuwait
Liechtenstein
Netherlands Antilles
Netherlands
Norway
New Zealand
Saudi Arabia
Singapore
South Africa
Sweden
Syria
Switzerland
Trinidad & Tobago
China (Taiwan)
United Kingdom
Venezuela
-
159
-
STANDARD INDUSTRIAL CLASSIFICATION (SIC)
REFERENCE TABLE
Description
Agriculture
01
02
07
08
09
Agricultural Production— Crops
Agricultural Production— Livestock.
Agricultural Services
Forestry
Fishing, Hunting & Trapping
Mini nq
10
11
12
13
14
Metal Mining
Anthracite Mining
Bituminous Coal & Lignite Mining
Oi1 & Gas Extraction
Nonmetallic Minerals, exc. Fuel
Construction
15
16
17
General Building Contractors
Heavy Construction Contractors
Special Trade Contractors
Manufacturi ng
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
Food & Kindred Products
Tobacco Manufactures
Textile Mill Products
Apparel & Other Textile Products
Lumber & Wood Products
Furniture & Fixture
Paper & Allied Products
Printing & Publishing
Chemicals & Allied Products
Petroleum & Coal Products
Rubber & Misc. Plastics Products
Leather & Leather Products
Stone, Clay & Glass Products
Primary Metal Industries
Fabricated Metal Products
Machinery exc. Electrical
Electric & Electronic Equipment
Transportation Equipment
Instruments & Related Products
Misc. Manufactures
-
16 0
-
S.I.C. Reference Table Continued
Description
40
41
42
43
44
45
46
47
48
49
Railroad Transportation
Local & Interurban Passenger Transit
Trucking & Warehouse
U.S. Postal Service
Water Transportation
Transportation by Air
Pipe Lines, exc. Natural Gas
Transportation Services
Communication
Electric, Gas & Sanitary Services
Wholesale
Trade
—
j——.—_
-
50
51
Wholesale Trade— Durable Goods
Wholesale Trade— Nondurable Goods
Retail Trade
52
53
54
55
56
57
58
59
Building Materials & Garden Supplies
General Merchandise Stores
Food Stores
Automotive Dealers & Service Stations
Apparel & Accessory Stores
Furniture & Home Furnishings Stores
Eating & Drinking Places
Miscellaneous Retail
Finance, Insurance & Real Estate
60
61
62
63
64
65
66
67
Banki ng
Credit Agencies Other Than Banks
Security Commodity Brokers
Insurance Carriers
Insurance Agents, Brokers
Real Estate
Combined Real Estate/Insurance
Holding & Other Investment Offices
Services
70
72
73
75
76
78
79
Hotel & Other Lodging
Personal Services
Business Services
Auto Repair Services, etc.
Misc. Repair Services
Motion Pictures
Amusement & Recreation Services
- 161
-
S.I.C. Reference Table Continued
SIC
80
81
82
83
84
86
88
89
Description
Health Services
Legal Services
Educational Services
Social Services
Museums, Botanical Gardens, etc.
Membership Organizations
Private Households
Miscellaneous Services
Pub!1c Administration
91-97
Administration
Nonclassifiable Establishments
99
Nonclassifiable Establishments
- 162 -
INVESTMENT TYPES REFERENCE TABLE
AM - Acquisition/Merger
EI - Equity Increase
JV - Joint Venture
NP - New Plant
OT - Other
PE - Plant Expansion
RE - Real Estate
@FedFRASER