Page
THE CHINA MAIL, TUESDAY, NOVEMBER 3, 1959.
AIDING MALAYA'S OUTPUT
Sponsors HONGKONG New York Remains
London Govt
Again Industrial Active Revolution'
London, Nov. 2. Stock markets were netive and strong today with flowing-in of orders from small investors.
Industrial equities were again the centre
of attraction with prices advanced 011 П broad front,
Giftedged were again
out of favour and in the face of some selling there were widespread fills raging between 1/18 and 3/16. A Denture of the quiet foreign bond market WES SOC dernand Iron Curtala Issuer, Dollar stocks were mixed with the premium easing off at one time but recovering towards the clase.
ROOTES STOCK
One of the highlights of the industriale market was the start of dealings in the new Rootes Motors 51⁄2 per cent debenturo stock. The £3.5 million offer for sale attmeted over £62 mll- Hon.
Kuala Lumpur, Nov. 2.
Malaya, whose prosperity is still firmly based on
primary production, is undergoing a minor industrial revolution.
STOCK EXCHANGE
by
Our Own Corespond at
Business done at the Hongkong Stock Exchange This morning Amounted to approximately
Firm On Moderate Trading
New York, Nov. 2.
This movement, sponsored by would add more impetus to his $1,034,000. Noon quotations and Electronics paced a firm and moderate stock mar-
government
♫
diversity production, is being
3030
programme to country's industrial development.
the morning's transactions: Shreve Buyers Sellars "I am convinced that there ANKS encouraged by a tax-free offer are many small people who havejuk bank. 1020 3000 for so-called "pioneer" Indus-n tew thousand dollars to In- tries. These are industries which vest but who find it dimeult to INSURANCES the Government considers would invest it in anything which they Unlo improve the country's economyregard ne sate," he explained. KAITINU
"... It should and which have not previously
possible for industrialists to tap what may be To date, they number 34 in- an enormous reservoir of capital, dustries with, 100 products rang- If they could only convince the ing from agricultural machinery small people of this country that through diamond polishing. investment in industry in various kinds of food preparn- sound and sale as inverment tions to vegetable oils.
inland, and equally remunera- L:200 or 31.75 the.
existed in Malaya.
Tax-Froo
The Ministry of Commerce and Industry decided on creating the tax-free provisions, varying from two
Dock DOCKS, ETC. Provident 14.60 1460 Taiko.....
20! 20.15 GLAND. ETC.
HK Hotel
"Secondly, when the convic- tion is there, measures will have to be devised to channel this capital into Institutions where can readily and easily
"In EL connection. thr government would welcome and finieed would encourage
the
to five years, after tapped, enquiries from manfacturers and laking into recount the needs of the country.
Humphreyt Really...
UTILITIES Tram
be Star Ferry
Yor.. C. Light..
18.00
123
20 20 20
ket today. Demand for these issues con- tinued with gains in IBM and Westinghouse. General Time ran up a gain of around two.
Thickel ran up more than n, Asbestos Coro.....
Stools were dull for the most part and
zancwhat tasy Bethlehem und US.
Steal dropped
MOTORS UP
Chrysler advancod
W68
helf in the motors, Studebaker= Packtard more than a American Motors around two.
Atlas Cona. Mining Daldwars-Livanellari. Baltimore & Ohio Marie of Montreal Bank of Nova Scotia Beach Life Savers Hell Telephone
Bendix Aviation Corp. Beneficial Finance Benguet Cons.
Isethlehem Bicol
Loving Airplan
26
101
10%
HELICOPTERS- AIR BUSES
OF TOMORROW
THE description of helicopters as the air-buses ́
of tomorrow has been heard so often, for so long, that the general public might well be forgiven for quoting the old adage that "tomorrow never comes." However, in this case it is coming, quite soon, and much of the credit for this goes to 39 Britain's aero-engine manufacturers.
K
114
As
CIN?W'S
It is ten years since these in places where harbours are companies produced jet-engines non-existent or overcrowded, and turboprops to power the and for host of other asics, world's first turbine-powered not forgetting inilitary syplica- airliners, the Comet and Vis-
ilons such as giving improved count. Today, aircraft that do battlefield mobility to guided not offer the same fast, safe, weapons, thok comfortable travel as these two jaunchers, ploncer types are regarded
British helicoptera have old-fashioned and suitable only
already achieved consiåurable for second-class services,
neceptance in military circles. Much the same revolution is The Bristol 192, and its single- now taking place in hellcopter engined predecessor, the 191, 34 design, and for the same reason. have been chosen for service axa In one well-known type, the with the Royal Air Force, and usual 609 horsepower piston- the single-turbine Westland engine was taken out and re- Wessex wil noon be the Royal placed by an 825 hp. ras Navy's standard carrier-based turbine. Its speed went up by anti-submarine aircraft,
XD
Wheelock.
6.63
17 34
8.13 1830
50 a 1930 10.23
B3
STAL SA
(1).78 1003 6.70 2000 + 10.70
600 68
$10 @ 2475 100 & 33
point in the rocket Union Carbide trading dividend picked up more than
fuele.
CX-
3200 37.73
tracting ex-dividend fractions.
800 pi 07.75
YoungstowY
| unchanged.
Borden (The) Co.
1.43 1.078 000 10.73 23000 e 10.17
Burroughs Add Machine
Heitka Amer Oil
British Columbia Elec.
at DAL
1000 431
Calt, Packing Corp.
DON
133 120
Bround a
Cana, 19k. of Cortim.
300 120
|
Cumpbell Sous Ch
Ceridian Pacific R.
4000 6 19,90
point,
Ce (J. 1) ca.
↑
1000 20
Lat. Tractor
2000 : 20.10
Celance Corp.
favourable
まずイル
•
trics. Industrialists
The offends', baris for the development of a money market decision resis on
and stock exchange which could Whether
do much to accelerate the in spects of further develop-dustrial development of this ment exist.
country." If there
Usually insufficient Are
rellable but un- facilities at present.
oficlol sources have also est- Whether it is in the public | maled that about
$200 mlit on interest to encourage the have been invested
in Malaya development of such indus- by Chinese in Hongkong and
Singapore.
120
20
Electric ... 24.50 26.00
8390
200
31.9
20.10
It . 13.70 Macao F. 112) Telepho
30 30 INDUSTRIALA Cobent 3031⁄2 30.75
129
13,40
3000 30
1000 as 20.7
U.S. Rubber added than a point in a section, Reynolds Tobacco major fraction, and City Prochicla among the specials tacked on more than Ave.
more
a
C. 1. T. Financial Corp. Chrysler Motors Clit Peaborty Colgate-Palmolive Lo. Columbian Carbon Co.
2004 30.73
650 < 300
STONES, ETC Dalry
.....204 3
300
21
500
20.80
1000
DO
20.60 20.70
Walton
20
estimate
that
Companies with joint Malayan
Lee, Craw Japanese, United States and Ne Australian concerns, and this MUSCELLANEOUS process appears to be a continu-
Vibro one.
Int. Aled I.K. & F.E.
Invest.
2430
COTTONS
900 4000 O Dță -
15.30
• 14.10 INVESTMENTS
3 0,00 1000 27 1,75 3.05
12.33
Most steels were well up. Engineerings, electrient equi ments and breweries were firm. Tobaccus fell buck after opening | ● harder. Textiles met a good selective demand.
Gold share
met a selecilve
un
demand some of which was on African account and diamonds responded buying
to markel short of stock. Tins were buoyant but coppers weakened
Olls were
quietly firm with Trinidad issuca outstanding.
were active and
Rubbers
Arma.-UPI.
Closing Prices
Giftedged Bonds
British Transport
20.11/10.
3% 1070/4N-
Corals 21-12-3/16.
COLLE£7716. Conversion Loni 3!**
already between $120 million and capital have been forined by Terufes n
$150 million have been invested in "pioneer industries." This figure was confinned by Mr 1. M.
of Indus-ing Chandler. Controller trial Development, who said that already more than 1,000 people are employed in completed,Lae wries. Other factories are being built and still more are planned.
Existing Plants
Already, four paint and three pharmaceulent pinnts were in Operation. Factories producing batteries, cable, neil, cement, plastte, rubber tyres, metal con 1859/00-tainers, hair pins and romfical Foting Suvex 31.7. 1000/1N-dressings were being constructed.
CA116
Funding Loan 3%. 483-3/16.
£74-0/14.
DRS
Funding Loan 4, 1960/90-- Ľuk!1⁄2-
Savings 25%. 1955/05-£92). Saving 3%, 1960/70m £81-13/18. Sayings 3%. 1905/75-16.
Banks
Barclay's Bank "A" Lid Chartered Bank--60s. Hongkong-59
Union EL-7/18.
Du
British
d.
Insurance Insuranc
Most of the building is taking place at Petaling Jaya, imtil a few months ago, o pleasant re- ridential satellite town outside Kuala Lumpur.
ord-Minister, forecasts that
Mr Tan Siew Sin, the Finance $3,000 in
million will be invested Malayan Industry during the next 20 years. Some industrialists Canton support this figure.
Airtrait_and_Motors_
Motor Corp. Ord--32%
Ford Motor Co-100% d.
Breweries
Distillers Co-34 12d,
Hullding and Materiais
Associated Portland Cement-b
Expanded
The West Malayan Penang and Port Swettenham, ports of while not by any menus rivalling Singapore at present, are being expanded under
government schemes which envisage thai, ultimately, the bulk of the country'a exports and imperta will be channelled through these two places.
Although the tonnage handled at Port Ewettenham is still not great, la capacity in being in- ereased. In the last three months, 238,000 tons of goods handled, an all-time record and were
39,000 tons more than for the same period of 1050.
Facilties are being increased but cannot yet meet the demands of shippers.
Malaya, while realising that tin and rubber must remain the Industrial development divi- backbone of her economy tor sion of the Ministry of Commerce many years to come, is seeking and Industry has moved to new ways and means of spreading modem quarters to house an her economy over a wider area, expanding staff, and more in- and providing employment dustrial development officers are her steadily increasing popula- being recruited.
Lion.
new
Mr Tam, opening cement factory recintly, stated
Pinchin Jolaun Asociates Ord that a stock exchange and money
2 Ski.
Wilcox Life 450
Coal, Strel & Engineering Babcock
7 d.
Vickers Lidla 2014.
Food and Tobacco
British American Tob. Co., Ltd- 67, pd.
Imperial Tobacco Co., Ltd-10
3d
HiscellaneoUN
Boardman Marden Lid—3s 1011⁄2d, Brian Oxygen Ltd. Ord-30
Canadian Paethe_Nily $43.
Dunlop. Rubber Com261 ed. Hongkong & China Gas-13. Imperial Chemical--543 pt. Lyone & Co-00 4154. Unlover Mad-1284 10.
T'aper Bowater Paper Corp Drd-60s #d.
Radio and Electrical Associated Electrical–65% 36. Electrical & Musica)-821 3. Englisų Electric Co-47a $1. General Electrio 441.
Shipping
Marks & Spencer Ltd-136 30. Woolworth F. W. & Co--€2.
for
ore
COM
Rice and fruit growing being encouraged. Fishing operatives are in operation. Now, market may shortly become a the "little industrial revolution" reality in Malaya. This, he said, is well under way-Reuter,
Yesterday's Closing
COMMODITY
SUGAR
NEW YORK Closing prices
3.07
Contract No. 6 (domestic)
Jan/March
April/Jun
Juty/Sept.
Oct/Dec.
2.45
100
Exchange Rates
Buntem was done to the local unoMcial exchange market this meming at the following rates;== US. dollars (per #1) Sterling notes (per £1) Australian nules (per 21) Indonesian rupian (per 100) Stam ticals (per 100) Bingepure (Biraits)
0.70 30.04
12.54
2.60
28.00
3.70
Today's volume was 3,320,000 shares.
Of a tolal 1,201 issues traded 642 were higher and 646 lower.
American
Exchange volume
I waз 1,120,000 shares, Bonds volume $6,330,000.
gmounted to
Closing Prices
Abluibi Pwr, & Paper Alten Inc. Ary.
Algoma Steel Corp. Allied Chemicals Abled Milfs Inc. Allis Chalmers
Am. Brake Shoe
4
120
Consolidated_Edison Conumental Oil of Del. Crane Co
Crown Zellerbach Cuban Amer. Sugar Diamond Cord Distillers-Seagrama Dominion St Douglas Aircraft
Dow Chemical
Dupont de Nemours Easter Air Line Eatman Kodak
El Pano Natural Ges Family Tinance Corp. Firestone Tyro & Rubber First Nat. City Bank.... Ford Motor Co. of Cana.
Ford Motor
Georgia Paclite
General Dynamics
General Electric
so Genet Foods
til i General Motors
Gen. Pub. Ul
25 Gen. Tyre & Rubber
dden Co...
Goodyear Tyre...
33 miles (40 kilometres) hour and, because the turbine was smaller and lighter than piston-engine, it proved capable of carrying a pilot and seven passengers Instead of the normal three or four.
BO
534
19
3314
4122
27
87
201715
the
3724
29
27
33
17015
B2%
621
1311
BRITAIN LEADS
Such improvements are of far greater importance in a helicop- 43% ter than in fixed-wing air-
Joi
DZ
2014
77!
4212
Dew
In due course it will probably be supplemented by the re markable
Saunders-Roc P-581, powered by a Blackburn A.129 turbine which dovelops power in the region c 1,000 h.p.
Despite its relatively small size, which will enable it to operate from “portage-stamp" platforms on
to
scle, the P-531
smali escort Ves-
CHEL CAFTY
become the
liners, because it obility perform Jobs like picking up heavy load of anti-submarine passengers at city-centre holl-homing torpedoes and may ports has been offset in the eventually
Argl "single-
23 past by the fact that the cost of over
Tghtweight doing so was quite prohibitive. package anti-submarino helf- The higher performance Bnd copter greater payloads resulting from "dipping
48
American Airlin
Am. Cable & Radio Corp.
10
American Cyanamid Co.
8714
Goodrich B. T.) Co.
Amer. & Fargn. Power
400
Grumman Alterati
2:
102
510
91
Hammond Organ
65
Heyden Newport Corp.
304%
43
Tram Walker
31
2012
Homeriake Mining Co.
Am. Gra & Electric Am. Home Prod. Arn. -ħinch, à y dry. American Metal
American Setting Ain. Sugar Itas. American Tel & Tel American Tob. Anaconda Copper Armour
Britain To Remove
Restrictions
On Foreign Imports
London, Nov. 2.
BIO 19
70% Human Retrie
100
Idaho Power
armperial Off
34
The Government will announce on Wednesday the removal of most of the remaining quantitative restrictions of foreign imports, informed source said today.
PRICES
13-331
Mized Contract
316-314 30-30% 20%-20
Dec/Jan.
Mar/Apr.
May/June
July/Aug
3048-35%
Oct/Nov,
General markets, cit. basis, ports: Nov
Estate crepe thin Nov...
thick Nov... 2812 AMSTERDAM
Closing prices all in guilders
per kilogram, c.lf. Nov.
No. 2 rubber
No. 3 rubber
320 năm.
2.28 noin. 3.25 nom 3.05 hom ~~UPI.
COTTON
all in cenla
No. 1 rubber
per 1b.;
Contract No. 4 (world)
Indo-China
Steam Nav. Co. def
DTC-129.
POSieam Navigation del ord -30 100.
JAST. March May July Ekpl.
3.15
No. 1 crepe
Bloren
Great Univeral Stores "A"-67£ 7%d.
Det. JTL.
Spot-(2.0.b. Cubej
Jen,
March
Day
July
Bpot (C) { N.Y, "en-duty
per lb.:
Spot
Dec.
Mar.
May
July
Oct.
Doc.
Mar.
Textiles
Coats JP LIE-334 Tild. Courtaka Lakhmədz 715d.
Arinsa
Anglo-American Corp of South
Adrion=2099 AUG.
Cons Goldfälds of South
Dao
d
Cona Zine Corp. Ord-
De Beers deg—1962 ad.
Atries--
och
Free Blale Development & Invest-
ment...de 4159.
Hongkong Tide 1550.
Petaling Tin~58 731d.
I
-
Southern Kinta Cons Lid÷306.
Union Corp 7120,
Wes Driecontain Goldamining--
195.
West Rand Cone-23z 34.
British Borneo Patroleum Byndi-
cate--$30 1164.
„Britic Petroleuan
Burmah400 ct.
Co. Lid-50
Royal Dutch Petroleum-#{8}}, Shell Transport & TradingsTIN KL -Reuter.
Agreed Merchant
Rates
RUBBER
NEW YORK
Rex rubber futures prices, all in cents per ib
NEW YORK
Closing prices all In cents
21.25 1.10 -UPL
FOREIGN EXCHANGE
NEW YORK Closing rates: England official
30-days
"
Austenila
90-daya
New Zealand
India
1053: 2.0048
а
well-
The move to free Imports will principally affect products from the dollar zone,
the source sinted.
Imperial Tobacco Ingersoll-tand Inland Staci Co. Interchemical Corp.
lat'l Businem Machines Int'l Harvester.... International Nickel International Paper In Tel & Ti
John-Manville Co.
Kimberly Clark
a switch to turbine power will make all the difference; and British helicopter engineers
19% have been so quick to take adm vantage of this fact that they world in rotor-
4A2%
30%
121
now lead the
43
craft design.
81
ST
4063%
50%
13116
this
If any proof of needed it was given on
were
capable of
"sten" for memy
carrying
radar to gubmarines,
as well as weapons to destroy them,
The P-331's smaller brother, the two-seat Skeeter, is already in service with the British and German Armies for observa- tion cues, and the list of other March countries to
which British is long and Impressive, Suffles helicopters have been exported
Westland it to say here that Whirlwinds alcnc have been us
5 this year, when Fairey Avia- Han Lui, announced that New York Airways had ordered five
3 of their Rotodyne aircraft, with
ed ice survey work in the jungle
an option on 13 more. To break Into the market in his way in the birthplace of the modem on-drilling operations in
ot New Gunea, off-shore 66% helicopter confirms that the
497
Kaiser Industries
15
Kantes C, Power & Light
483
Kennecott Copper
Liggett & Myers Tob. Co
US
Lily Trip
liton Ind.
120
Lockheed Aircraft
273
Loews Incorp. .....
2
Lone Star Cement Co.
Jay
Lowenstein & Sora,
16
McDent J. Hay
3424
33
3714
148*
21
41
371
Me Iron Corp.
McDonnell Aircrest
Minnesota Mining
Developeïen?
Monsanto Chemical Co. Stontgomery Ward Motorka li
Natic Biscuit Co.
Persian Gull,
the
spelling
Lor
Rotodyne is something quite unique. In fact, it can best be whaling Scots in the Antarctic visualised as an ordinary twin- and dozens of other tasks in as
many parts of the world
turbovrup fixed-wing airliner in which the wings have been eut to half their normal span,
the missing portions being re- placed by 4 big four-blade helicopter rotor. The Ministry of Supply in Britain has given its support to further develop ment and business talks are in progrces for civil and and mill- itary verslons,
12712
5541
National Cash Reg. "A" ́
07
D
13
3034
003
| Netloost Dalty Frud, National Steel Corp. National Lang .... New York Central" Noranda Mines Ltd. Norfolk & Western Ky. North Amer. Aviation Northwest Airliner (Com.) Chin Mathieson ot Elevatore Owen-Binal Gla
Quota restrictions will be re- tained on a dew foreign im ports, the source uddie, rotably products which could Imperii national Industries such as the Oxford Paper Co.
Packle Gas & Elec..... textile trade, and products on Pan America Airways which Britain has signed special agements with Commonwealth countries,
CAR IMPORTS
The most striking move will be the removal of ncstrictions con wir Imports, it is believed. Observers belove the present
healthy condition of the British
Paramount Pictures
Davis Co
Ponny J. c. Co
Penn. Belt Co.
Philip Morris
iny Bows
Procter & Gamble Co. Plurals Plate Gines Publicker Industries Pure On
Radio Corporation
adio Corp, Profi Raytheon
Hepublic Mani
car industry will lead the gov-Reynolds.Metal ernment to remove all quanti- ; Quats, Roebuck & Co. tative controls
100
foreign shall oll Co.
vehicles including those from
the United States.
BALEWAY Blores Beint Rag Paper
Behanley Ing. Boot! Paper
British cars will sull reported-inclair f
2.0c ly be protected by import duty | Emii. Kling & French and the straight percentage ofar Aircraft
Booony Mood an 27016 purchase tax however,
23007 223440
South Africa
3.8005
Pakist
2103
LONDON Closing rates:
32.30 am.
32.42
33.00
53.70
NEW ORLEANS' Closing prices all in
closing
Nov: 44.35; Jan; 2045; March: 37.10: Maz: 34.50; July: 30.20; Sept 35.30; Nov: 1.
per ib.:
Spot
Dee
SINGAPORE
Mar
Closing prices all in Strafis
May
July
cents per porte: No. 1 Nov. Dob
Ib. fol. Maluyen:
Daf
Deu.
51812-11412
No. 2 Nov.
No.
3 Nov
No. Nov.
Spot rubber unbaled
Blanket prape
No, I pels crepe
$7031-1809
1172-1185% 310-11035 12834-397%
LONDON Closing prices all in pence per
1b.:
No. 1 RM 4001 ***
Settlement hoste tema:
Oct/Dec.
West derman Deutschemarks, Nov Maximum Selling, 72..
m not.
SAO PAULO
Closing prices quoted.
Unavailable.-UPI.
METALS
NEW YORK
2312
CHEAPER FARES
The prototype Rotodyne has already linked heliports in the centres of Brussels and Paris in 108 minutes, compared with 105 minutes, by the single-engined helicopters used on present air- line services capitals.
Tiny, Briain's aircraft L helicopters mutable for almost dustry can offer a range of
every conceivable task, Nor is that all, for Short Brothers and Harland.Ltd. are ploepering with their S.C.1 direct jet-lift research. aircraft a· Sechnique that may one day enable glant 3,000 m.ph. (3,200 k.p.b.) in tercontinental airliners to take- off and land vertically from spaces little bigger than those needed by a helicopter, But that is another story.
between the two FOUR-NATION.
production
In its form, with two 5,000-h.p. Rolls-
11 Royce Tyne turboprops, it will 'AIR-UNION'
m.p.h.
(320 k.p.h.) and will not only
28
cruise at well over 200
804%
64
hulve Journey times
AZ
cities 200 miles
between
45 metres) apart, but will make
Brussels, Nov. 2:
France, West Germany,
(320 KB- THE governments of 301 possible fares at least as low as Italy and Belgium today those by, present-day fixed-wing approved a plan for the
73
airliners,
Nor is the Retose the only creation of a four-nation. 65 large British helicopter under "Air-Union."
development. A 21-passenger The airlines of the four twin-turbine Bristol Type 1920 countries - Air France, Latin (a version of the military 192) hanga, Alitalia, and Sabena- is projected, which will cost decided last May to create an under 12. shillings per mila to "Air-Union" which he to
Kit operate over 200-mille. routes, begin operation on April 1,
Bouth Puerto Rico Buger Bouthern Co. (ITU)
10
Sa
-52
The steady improvement in southern Naturst Gs Britain's economic position has southern Hallway (Com) made relaxation of
Imports Standard Brands
Standard of Cal. possible, observere said today,tandard Off of Ind. Recent statistics issued by the landand it of Treasury Department have con- Ating Drug Co.
Beep Fork firmed the buoyant state of the Stokely Van Camp. economy
Stone & Webster Studebaker-Packard Corp. Sunshine Mining
CONFIDENCE Government confidence in the country's economy was
already reflected in the decision
Closing prices, all in cents weeks ago to lift the limit on
cents
1JN 33,43
37.63
per lb.:
Lead Per.
Zine Dec.
3051
Jan.
30.56
Copper Dec
30.7%
Jan.
Tin
Mee
LONDON
Average price in U.S. at 14 de- skmated sport szwertkarta; 22:00 Lesste.
Tomi sufmu: 132142 bales.
LIVERPOOL
11,90 11.70
11.00
30.00
32.10
· Closing“ přites, all in sterling por long ton.
Closing prices all in pence | Tin spet
Buyers Ballers
104
per lb.;
3-metilh
Copper, apot
athonsh
Lead at half Nov.
American Contraet
Dec/Jan
May/Juos JUVA Oct/Nov.
Zia 1st halt Nov.
new
Textion Inc.
okol Chern. two Tide Water on Time Inc. Tri-Cont. Warrants tourists travellers allowances.
Twentieth Century Fox im Wednesday's expected all-Union Carbide nouncement will marks
Union step towards the number and Union racibo Hallway
Unties Alecraft. Bnancial objective of the Con- United Frail servative Government a return) Unjwa Claw. to complete storting
convertirou.
U.. by bility,
UB. Lin: Co. Experts here also saki the .. melting government was almost cen. Steel
1.3. Biel 7 P.C. F tainly motivated by the grow-Watter Brpe, kag: defeito, da "the Volta Wkegba Kutare States balance of payments."
Westinghouse Air Brake: ........ The British move would take house, Klectrin
Warm-Union Tel. Co the wind out of the salis of West Ya, Pulp & Paper U.S. politicians who are dd WinhAleja - Jutes manding increased UM pro Woolworth, UK. W.) tecilanism, they said.-AFP.
24with Radio
1960.
Nanier Today
Then there is the Westland 11, Westminster, with two
Eland turbines of more 3,500 hp, each. Designed as 8
met here to "examiné the Blofe 70% 40-passenger aircraft,
file of progress of the work almod imachine is flying at present at setung with a simple, uncovered, slozi. communique by the Belgian up. Air-Union?” vri tube fimelage, in which form it
Communications Ministry, 'wold has great promise for "ying tonight,
the fivil aviation than ministers of the four dountrion
79x2
crane" duties, hauling heavy and bulky loads on a quick- reloane cable under its beilyar
The commeiniglas – amid the ministers approped the initialive.
The emphasis in Air-Union's
The future demand for "flyf the four air, borobanles" ned ing crane operations could well decided to give the mil pacts= be tremendous. Typical of the mary support, possibilities was a job done re- cently in the United States. A work will at first be on the alngle-england helicopter, with commercial ende, dealing with of Bookings, payload much smaller 90-ordinations
Later, Air the six-ton capacity of the metables, etc. Westminster, hauled conČAKÁRMINOW
Union is expogled to have a
of wet coment inte a. moun- Joint balance sheet, tainous area and
to
poured the After the initial phase, the cement from the air into pres" meeger will be oz iznad dug holsa.. It then flow back cover the technics, side, in- to its base and collected sections cluding ........atührerdization of of steal power-line mylons, | Bqjuipment and joint purchase 249) (which it proceeded to Tower) of aircraft;
gently into
cement-alled The Dutch K.L.M. airline, Cooters
which took part....'in' tho ́estly Similar techniques con be stage of, the merciÁ TOGE for
for tanawporting goods Air-Union, Jater walked trom factory to wharf DF-Toll- for russoria which have not way station, for unloading salon, "bom' revealed.
the
out