Word: cargos
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Last week the Maritime Commission permitted Shipper Farley, now executive committee chairman of unsubsidized American-Hawaiian Steamship Co., to put his lesson into practice. For a fat $1,600,000, he sold four of his tired old (20-21 years) tubs to Great Britain, which needs cargo ships to transport war supplies. This gave Mr. Farley cash in the bank with which to begin replacing his fleet of 34 ships (average age: 23 years), if he wants to. His four old ships, out of service until the war boom, netted him the fancy price...
...Fortnight ago Lykes Bros. Steamship Co. sold two cargo ships, aggregating about 19,000 deadweight tons to Great Britain. Of its 52 vessels, 14 are under charter to Chilean Nitrate Sales Corp., carrying the raw material for explosives and fertilizer to the U. S., Hawaii and Japan...
...French patrol ship followed a Spanish steamer carrying German goods but did not seize her. Reason: the cargo included an automobile sent by Adolf Hitler as a present to France's neighbor, Francisco Franco...
...freighter City of Flint, tempest teapot of the war's sixth week, when she was taken captive by Germany, later freed from a Nazi prize crew by Norway, sailed at last out of Narvik for home with a cargo of iron ore. Leaving the harbor in a fog, she whanged into a British freighter, had to put back to repair damaged plates...
...E.S.T., Jimmy came on the air to report that the Graf Spee was weighing anchor. At 5:15, he was on again, to report that the Spee had steamed out into the Plata Estuary. Before leaving, she had transferred many of her men to the Nazi cargo steamer, Tacoma. "The commander," Jimmy hazarded, "may try to scuttle the ship about five miles out." He was covering, he said, from a dock, in the midst of a crowd. "They are doing a lot of talking," he shouted. NBC cut him off the network...