McNAMARA'S PORTFOLIO

SOUTH DAKOTA'S Karl Mundt, ranking Republican on the Senate Government Operations subcommittee, told newsmen that the committee would investigate any "personal financial interest" that "people at the Pentagon" might have had in the award of the TFX contract. Mundt specifically excluded Defense Secretary McNamara, later explained: "Everyone knows about McNamara. He's lived in a goldfish bowl ever since he took office. No one questions his self-interest in this matter." But no matter, McNamara took Mundt's comments as an imputation against his honesty, insisted on giving the subcommittee a statement of his financial holdings and those of his wife.

McNamara's statement made fascinating reading. It showed him to be worth $1,278,200--with only $1,305 of that in cash. The McNamaras own three homes (a furnished house in Washington, an unfurnished house and a furnished cabin in Michigan), but their value is offset by "a large bank loan of approximately equal size." In 18 years, when McNamara is 65, the Ford Motor Co. will pay him a pension of about $16,000 a year; the company also owes him about $50,000 in deferred compensation from his days as an executive. The McNamaras have divested themselves of all holdings in companies that do more than $10,000 a year in business with the Defense Department. But McNamara's portfolio, as of Feb. 28, is still pretty impressive:

Face Value Market Price Market Value

FIXED-INCOME SECURITIES

U.S. Treasury $40,000 $100 $40,000 Connecticut, Municipal 25,000 101 25,250 Puerto Rico Housing Authority 25,000 101 25,250

MUNICIPAL BONDS Brownsville, Texas, Housing Authority 25,000 106 25,500 Detroit Housing Authority 25,000 81 20,250 Knoxville, Tenn., Housing Authority 30,000 77 23,100 Union, S.C., Housing Authority 25,000 105 26,250 Los Angeles Department of Water & Power 20,000 90 18,000 Pennfield Schools, Mich 20,000 104 20,800 Texas Turnpike 30,000 93 27,900

OTHER SECURITIES

Economics Labs 30,000 136 40,800

Number of Shares

COMMON STOCKS

Utilities Calgary Power Ltd. 15,000 19 28,500 Delaware Power & Light 400 51 20,400 Northern Illinois Gas 400 63 25,200 Peoples Gas Light & Coke 800 47 37,600

Financial Chemical Bank New York Trust 400 88 35,200 Continental Illinois National Bank & Trust 200 158 31,600 Crown LIfe Insurance 100 246 24,600 Great-West Life Assurance 75 725 54,375 Household Finance 1,000 51 51,000 Interstate Fire & Casualty 800 20 16,000 Western Bancorporation 800 35 28,000 Western Casualty & Surety 600 46 27,600

Foods & Containers Ralston Purina 600 37 22,200

Number ofShares Market Price Market Value

Merchandising

Allied Radio Corp. 1,200 $15 $15,300 Montgomery Ward 1,000 33 33,000 Thrifty Drug 500 34 17,000 Von's Grocery Co. 1,000 24 24,000

Paper & Textiles Hammermill Paper 1,040 33 34,320 Inland Container 400 48 19,200

Machinery & Construction Missouri Portland Cement 500 35 17,500 Nutone Inc. 1,030 19 19,570

Mining & Metals Falconbridge Nickel 1,040 53 55,120

Oil & Gas Amerada Petroleum 500 117 58,500 Canadian Superior Oil 1,000 13 13,000 Dome Petroleum Ltd. 2,000 12 24,000 Superior Oil of California 20 1,100 22,000

Chemical & Drugs DuPont of Canada 1,200 40 48,000

Miscellaneous Marsh & McLennan Inc. 500 41 20,500 Universal Oil Products 500 31 15,500 Western Publishing 500 22 11,000

Foreign Bayer A.G. 300 54 16,200 Bijenkorf 500 24 12,000 Broken Hill Proprietary 2,000 5 10,000 Dresdener Bank 300 49 14,700 Karstadt Rudolph 100 D.M. 75 180 13,500 Kaufholf A.G. Bearer Shares 50 194 9,700 Netherlands Insurance Co. of 1845 3 3,770 11,310 Perrier ADR 1,000 14 14,000 Photo-Products Gevaert 500 22 11,000 S.A. Super Bazars 500 22 11,000 Supermarches G.B. 300 32 9,600

This file is automatically generated by a robot program, so reader's discretion is required.