Word: stockholm
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Research Leads. Traditionally, the brain has been supposed to require a superabundant blood supply, but the difficulty has been to determine how much. Stockholm's Dr. Gustav Nylin reported that he had injected red blood cells labeled with radioactive thorium into healthy test subjects, discovered that the major blood flow through the brain is normally much less than previously believed-and notably less than in other body tissues. A series of blood-flow readings may help in the evaluation of treatment...
...months of legal wrangling between the Swedish American and Italian lines over the responsibility for the An drea Doria's sinking (TIME, Aug. 6) came to an abrupt halt last week. In a quiet, unpublicized meeting held under the stern eyes of their London underwriters, the owners of the Stockholm and Andrea Doria reached an out-of-court settlement that 1) ended their attempts to fix the blame on each other, and 2) made it possible to establish a fund for payment of third-party claims, e.g., claims by passengers and shippers for injury and loss of life and property...
Under the complicated maritime laws, the ships' liability is limited to the value of the vessels after the accident, unless negligence is proved. Since no negligence has been proved, the Swedish American line will pay $4,000,000, the value of the Stockholm after the collision, into a joint liability fund. The Andrea Doria being a total loss, its owners will pay only $400,000 into the fund, the amount the ill- fated vessel earned on its last trip. If the $4,400,000 total is not enough to satisfy the passenger-cargo claims, the Andrea Doria will hike...
...ships' own damages, each line will absorb its loss, helped along by its insurance. After the collision the underwriters paid $19 million toward the Doria's $30 million loss, another $1,000,000 to the Stockholm for its crushed bow. Both lines also expect to collect on passenger-cargo liability insurance...
...trap of paying dividends out of capital. He gambled millions in the market himself, and lost. Outwardly calm but inwardly frantic, he became the master forger of the age when, in 1931. in the inner fastnesses of his regal headquarters at the Match Palace in Stockholm, he forged with his own hand $143 million in Italian government bonds. By now, Kreuger's Depression-gored empire was bleeding cash too fast to be saved by bogus credit plasma. A sprinkling of embarrassing questions began. As they sat in the Hotel du Rhin waiting to hear his answers. Ivar Kreuger fobbed...