Word: rico
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...Complaining that recently built cane sugar refineries in Hawaii, Cuba, Puerto Rico and the Philippines had cut down his volume of business, Chairman Earl D. Babst of American Sugar Refining Co. reported 1934 earnings of $4,877,000, slightly less than in 1933. Just after the close of its fiscal year American Sugar Refining had called in $1,515,000 in bonds due in 1937, completing in 13 years the redemption of $30,000,000 in bonds issued...
...biggest sugar-eating nation, for a year and a half. But two months ago, for technical reasons, short traders on the New York Coffee & Sugar Exchange could not get enough sugar to fulfill December contracts of 26,450 tons (TIME, Dec. 31). The AAA quotas for Hawaii, Puerto Rico and the Philippines had been filled for the year. Cuba had given to U. S. refiners what amounted to an option on the rest of the Cuban quota. Surplus sugar accumulated from other years was not tenderable in fulfillment of Exchange contracts. So the shorts caught in the squeeze defaulted, were...
...hasten to endorse the idea of "Friends of TIME"-Society for the Combating of Bigots, it might be called (TIME, Jan. 14). I herewith pledge my contribution to offset the Army man's popgun shot fired down Puerto Rico way; it gave me a hearty laugh...
Travels & Talks. The Man of the Year went yachting off Florida; attended the Harvard-Yale crew races at New London; cruised for a month aboard the U. S. S. Houston from Annapolis to Puerto Rico and the Virgin Islands, through the Panama Canal to Hawaii and back to Portland, Ore.; traveled across the continent with the cheers of multitudes in his ears and the news of drought-slaking rains in his wake; relaxed as the country squire at Hyde Park; toured the Tennessee Valley; sunned himself in the pool at Warm Springs. And during 1934, he spoke 23 times over...
During the last two months, the field was thrown open to 8,951 candidates in 630 Federal examination rooms from Balboa Heights, C. Z., to Fort Kent, Me., from Ketchikan, Alaska, to Mayaguez, Puerto Rico...