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...Imperial Japanese Navy shipyard in Kure in 1951 that runs to 1961, can be renewed to 1966. To fuel his fleet of more than 40 ships, which he sails with low-cost West Indian crews under the Liberian flag, Ludwig is building a 70,000-bbl.-a-day day refinery in Panama, also has a 1,000,000-acre Venezuelan ranch whose 10,000 head of cattle may soon supply his ships with meat...
...Iceman Strilceth. In Armidale, New South Wales. Australia, cleaning women at state schools called on their union to demand a 55?-a-day "chillblain allowance" on days so cold that ice forms in their buckets...
Lobster-red with ire, Teamster President Dave Beck gabbled away to newsmen last week in his $30-a-day, two-TV suite at the Galvez Hotel in Galveston, Texas, where he was on hand to attend a meeting of the Teamsters' General Executive Board. "This whole damn business don't bother me a damn bit," he huffed, meaning the Senate investigation in which he dodged behind the Fifth Amendment 142 times in reply to questions about his handling of $320,000 in union funds (TIME, April...
TURKISH OIL REFINERY with 65,000-bbl.-a-day capacity will be built for $48 million by U.S.-British-Dutch combine. With existing Turkish state plant, it will supply nation's entire oil needs. Mobil Overseas Oil Co. will have 37% interest, California Texas Corp. 34%, Royal Dutch Shell group 18%, British Petroleum...
...When the Syrians blew up the Iraqi pipelines to the Mediterranean during the attack on Suez, the program suffered a $700,000-a-day loss of revenue...