Word: panamanians
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...Standard Oil Co. (N.J.) subsidiary on a monthly basis. Armed with this contract, he was able to get a $9,700,000 loan from the Metropolitan Life Insurance Co. to pay for the tankers and renovate them. The American Overseas Tanker Corp. turned the tankers over to a Panamanian corporation it controlled, which received the rental on them. After three years, the American and Panamanian firms were sold for a net profit to stockholders of $2,700,000. Net profit to Casey alone: $250,000. Said Casey of the deal: "It was all carefully synchronized...
...running ships, strewed clusters of floating mines in their path. Last week Hong Kong's merchants gave up, for the time being stopped further shipments to Red ports. The Nationalists' score: three ships sunk, two ships damaged, one ship captured. The casualties included vessels flying the British, Panamanian, Norwegian and Greek flags. By week's end more mines sighted in the Formosa straits caused the Communists to close the port of Shanghai to all shipping...
Died. Domingo Díaz Arosemena, 74, President of Panama and a leading Panamanian politico for nearly two decades; of a heart ailment; in Panama...
...Olympic flame flickering in its great urn. They slipped past the guards, climbed up onto the roof and hauled down the large five-ringed Olympic flag, which waved above the royal box. Into a bag it went. Following it went some smaller flags-the British, Dutch, Panamanian and Italian. Then they escaped...
...latest blow came with a new suite for string quartet, based on Panamanian folk music. It was given a first performance last fortnight in Los Angeles, but the Los Angeles critics were not there; they had to cover the Ojai (Calif.) music festival where Stravinsky was the guest of honor. What's more, the area around the Still concert was roped off to traffic because of some relay races at the nearby Coliseum. Conditions were not ideal for a premiere, but listeners who struggled in found it worth the effort...