Word: pan
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Dates: during 1940-1949
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...months ago, the 2,000-tree lemon and orange grove of Gabriel Ramirez, near Valles, on the Pan American Highway, was a rich and blooming place. Last week, like most orchards in the lush, hot valley, Ramirez' trees were soot-black with the leaf-ravaging larvae of the mosca prieta (citrus black...
During the week 640 pleasure-bent visitors arrived from New York aboard the luxury liner Queen of Bermuda, 1,323 more came in by Pan American clipper and other airliners. Confident that 60,000 tourists would flock this year to their shops and hotels, their pink beaches and hibiscus-hedged lanes, a few Bermudians had even given hotel prices another boost as the spring season opened...
...airline executive, Juan Trippe gets a salary of $23,050 a year. His fortune stems from what he has been able to make on Pan American stock, of which he owns or controls some 69,000 shares (now worth 1,000), only 1.1% of Pan Am's 6,145,082 shares. Said one friend: "Trippe doesn't care about making money. He's thinking in terms of domination...
Pink of Condition. In 1949, the network that Juan Trippe built is one of the healthiest in the industry. Last week, releasing its 1948 financial report, Pan American estimated its net income at $4,590,000 (nearly 50% above its 1947 net), on $145,216,000 worth of business, including $32 million in mail...
...Pan American's 152 land planes (the flying boats have been retired) fly 61,038 route miles. The line's safety record is one of the best, thanks in great part to Vice President André Priester, 57, a brilliant engineer who for 22 years has been in charge of Pan Am's planes, maintenance, traffic guides, etc., and is fondly called "our Steinmetz" by Pan...