Diario las Américas

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the total number of shares, and

made an additional purchase of

the shares which were owned by

a group of pilots of an airline

company, thus acquiring the ma

jority of shares.

The Popular Bank of Colombia,

which now has this bank in New

York, has a chain of 120 bran

ches in Chile, Bolivia, Ecuador,

Colombia, Haiti, and Guatemala.

The final negotiation of the pur

chase between the Inter Ameri

can Resources Corporation, the

Corporation, the Popular Bank,

and the Colombian government,

was made as the payment of a

loan which the first company had

made to the Popular Bank of

Guatemala.

Also on the Bth January accor

ding to banking circles- a group

of Venezuelans connected with

the “Banco Uni6n” of Caracas,

who have negotiated for the pur

chase of another New York bank,

HEMISPHERIC EVENTS

Latin American News in Brief

Puerto Rico Set

by Washington

WASHINGTON, Dec. 28 (UP)—

The Agriculture Department set

the local sugar quota for Puerto

Rico in 1958 at 110,000 short tons.

The announcement of the local

quota was made shortly after the

establishment of the Puerto Rican

quota in the United States for

the same year in 1,114,130 short

tons.

According to well informed

sources here, the amount indica

tes that there will be a shortage of

125,000 tons for Puerto Rico to

cover her quota next year, adding

that production for 1958 is es

timated in 1,100,000 short tons.

Panantf Takes

U. N. Council

Member Post

UNITED NATIONS, Jan. 2(UP)

—Panama, which has never held

any position in the United Na

tions agencies, has replaced Cuba

How to cite this articleCómo citar este artículo

Diario las Américas. (1958). Miami, Fla.;Miami Springs, Fla., 1958-01-03. Haiti in the American Press. Library of Congress, Chronicling America: https://www.loc.gov/resource/sn82001257/1958-01-03/ed-1/?sp=12

ReferencesReferencias

Library of Congress, Chronicling America: Diario las Américas, 1958-01-03.