SHIPPING: Sale

The Shipping Board last week sold the four ships of the Pan-America Line. The Pan-America, Southern Cross, Western World and American Legion, combination cargo and passenger ships of the "President" type, have plied between the Atlantic Coast and South America. They were operated for the Government under contract by the Munson Line and constituted one of the major services still operated for the Government. The last big sale of a going line was that of the California-Orient Line to the Dollars (TIME, Apr. 13).

The Munson Line had offered $3,200,000 for the...

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