First Annual Reports OF THE PANAMA CANAL COMPANY AND THE CANAL ZONE GOVERNMENT for the fiscal year ended June 30 1952 For sale by the Superintendent of Documents, U. S. Government Printing Office PANAMA CANAL COMPANY Balboa Heights, C. Z. OFFICE OF THE PRESIDENT AUGUST 13, 1953 TO THE STOCKHOLDERS OF THE PANAMA CANAL COMPANY: I have the honor to submit the first annual report of the Panama Canal Company reviewing the fiscal year ended June 30, 1952. J. S. SEYBOLD President PANAMA CANAL COMPANY THE WATERWAY-A BRIEF DESCRIPTION THE COMPANY-DESCRIPTION OF NEW ORGANIZA- TION. BOARD OF DIRECTORS AND GENERAL OFFICERS. COMPARATIVE TABULATION OF HIGHLIGHTS OF OPER- ATION |
