SHIPPING: Who Will Buy?

The Shipping Board carried out its program drawn up two weeks ago and announced the terms on which it will receive bids for the restricted sale of its entire merchant fleet. These bids will be opened on May 28. Meanwhile it also announced the regrouping of its lines into 18 routes, twelve operating from the Atlantic and Gulf ports and six from the Pacific Coast. The terms of the bidding are: " The bidder must specify the names of the ships he desires to purchase, the price offered and terms of payment,...

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