1959-07-09 — Page 9

China Mail 德臣西報 中國郵報 All

Page

HONGKONG STOCK EXCHANGE

Our Own Correspondent

THE CHINA MAIL, THURSDAY, JULY 9, 1959.

Ironing Out Of The New York

THE

London, July 8. HE business outlook is encouraging for both the short and the longer term. The Bank for International Settle- timents, for example, is notably optimistic about the current business re- covery in Europe: "The conditions for a revival are favourable."

Ensin done on the Hong- kong Stock Exchange

morning amounted to approxi- imately $1.041,500, Neon quot

tions and the morning's trans- nctions

Buyer Bilėra Bairr

Aliares

DANKS HR Hank

Fat Asia

INSURANCES

Uning

Lubard

SHIPPING

123 130 142 $44 0945 310

The

Trade Cycle

'by'

SYDNEY S. GAMPELL

the

U.S.

tional Income which accom-jin the recession, have the less panies the decrease in the gross copo to boom in the recovery, national produtt cousca a | Nevertheless, slability is a great decline in reialued profits rather prize. than in dividenda;

Lingering

Cotton Market

New York, July 8. Cotton futures moved

irregularly lower to day, holding to, a nar- row range while deal- ings continued light:

to

At the gun, the list ruled six points lower to a point, higher, point to up It opened off one

New Orleans sx.

Jutures finished unchanged

two points lower.

The

Brst Government's acreage report, indiening total collon planting of 15,000,000 seres, +

was 28 per cent clove the year ago Agure but closely In line with trade predictions.

Comanodily Credit Corp said Dn the 1950 cotton

the system of progressive Laxation causes dispos able income to fall relatively less than income before taxes;

The serious problem is that the way it has been achieved "The U.S. recession is over nark that the stability of per

wages, far from falling, had led to a Ungering expreta. internal and external song spending in

may even rise during ation of creeping Inflation: In all of the European which

and has been

unemployment countries the long-termi price feature of recession 1960625 quality

economica is high; the process the last 1521

two recessions will benefits help to keep up con-trent is almost universally ex- of inventory quidation seems probably recur in future reces-umption, while those whopected to be upward. to have come to an end; interest | sions" boraure it is mainly due receive them cease to

and to tates are at present low into three taclors characteristic the national product." Europe and the Inbour supply of modern economic conditions: Is impte."

the fall in the share of proûls in

DR- the total

REA 24X6

71 10

J

Wit:etuck..

4.20 £1.20

0.15

DOCKS, FT.

16. Whart.

13

2006 108 200 44 107

102 1001

-10

44 760 43%

12.70 12.10

312.

21 20.20

UK Land

342,

Brck

Provident

Taikur

LAND, ETC

UK Hotel.

Humphreys 16.30 18.20

Ready

1.52 n25

RUBBER

Antle

Territ

22.35 พ

3.70

3.583

A. Pawali. 3.10 397

Sangola

TILITIES

Trum

Site Prezy

Yatma

For the longer 100 it makes 300. 111, the still more enemeraging

1000 28.16

02 (4)

BOG 214

1000 m 343

1624

250 to $

160)1 316

SEK).$t 15000 24

200

304) 28 C

24 113

2/12

113

..... 2130

116

手 113

30 112

C. Ligh

1

13

20

300179

Electr

77 B

27 K

11.2791

Macau E X

Thath

Th

INDUSTRIALS

Vessent

STORES, ETC Dahy

Wotro

1. Craw

COTTONS

T: x11

Nanyang

int. Ind

Albed

re

To be sure, this Ironing-out of the trade cycle cuts both ways; wogo and dividend in- comes which havo not slumped

PROFIT-TAKING AND WHIRLWIND FINISH

Stocks staggered along under the weight

session today and then put on another of late tickers.

The rails were upside Jewlers | Georgia Pachle...

300 - 2790 2011 dag, extending their gains

In the late buying sprưa.

1:37

3321.9

34 4

16.20

CAT 2011

200 14.50

14 M

1.5

General Dynamics

General Electric

Gental Fueda...

Brokers attributed the rallies | General Biokurs yesterday and today to eun-Gen. Pub. Util

Gen. Tyre & Rubber

| Glidden Co,

302719 Edener generated by the mar Geste bil ket's ability to absorb a lot of without giving 1001 P-take 16 30

much around over-all. Brokers have been pleased with the markel's strong undertone.

Generpi Electric helped to lead the late upswing with gain running past two points. Steels came back sharply from their lows Standard Oil (New Jersey) ran ahead a point on Inte support, fting the whole

..

101, 1070 380 - 1080 2 to,

INVESTMENTS

ik & r

Invent

1 $5.49

70

Concessions

To Denmark

London, July 8.

oil group.

Railroad Star

Take Power Imperial Chi Ingersoll-Rand

atau Steel Co. Interchemical Corp.

new Machines

Int'l Harvester ..... International Nickel Internaliossal Paper 1:1. Tel A Tel Jo-Alanville Co. Kaler Indi

New York, July 8.

of profit-taking most of the whirlwind finish to the rhythm

Penn, Salt Co.

Philip More [1

I'lney Bowes

Patsburgh Plate Ģinas

Publicker Industries

Judiu Corporation

Steward Oil of Cal.

on

This

rexis expectation nemorles, not on loggie; if the depression Instead of the afla- tion had beca the latest occur rence, people might well be arguing that there is n cerious danger of prices falling unpro- tably, bceause of enlarged capacity, 'technological advance, the overhanging threat of the U.S. stockplies, and the slump in freights.

An expectation of continuous creeping Inflation cannot be re- conciled with the present social

and economie order: it would distort everything and, somehow or other, it must be ousted. Primarily, it is a social problem.

Exaggerated

Its economic effect may well 102 have been exaggerated in the some U.S. 4nenrcity values on

mar- and Continental equity kets.

Even in Britain, where values more reasonable. are much

loans crop through July 3 amounted to 6,831,920 bales ogainst 3,058,475 on so bout the same date Inst year. Withdrawals totalled 17,881 bales bringing the total to 721,015 bales.

A delegation of six members of the National Collon Council met with Secretary Benson 10- day to present their case for restricting textiles goods. Re- portedly, Benson promised an answer to the problem,

RANSPORTATION

Gyroscopic Compass

LOCKHEED ELECTRA

Popularity Of Electra Growing

Liverpool futures closed ve Has Two Uses

English points lower

10 Ave

higher putting prices-078-to- NEW gyroscopic" "com/|

849 American points under New York futures--UP!,

London Prices

London, July 8. Closing prices on the London

market were:

there are few shrieking bar-stock

going left in equities elther on the Stock Exchango or in take- overs, and the original takeover moestros now sheer off paying fancy prices.

When any financial develop- bments get to the stage of the front pages, it is time to beware uf exaggerating them, and that

takeovers 27 applies to

now. It there is to be a Harrods merger, Git looks like being a far better bargain for the Harrods share- for those of tho holders than 134 acquiring company if any.

Takeovers

543

B4

部门

1

422A

Badiu Corp. Pret,

7121

40%

Has thou

BOY

Goirien 18. F. C. Gunman Adrevafy Goodyear Tyre... Gult O Hammond Orgut Heyden Newport Comp.

Repubile Bleel

18192

Reynolds Metal

110

Hayal Bank of Canada

87

111

Scuts, toebuck & Co.

40

Gi

Sheft. Oil Co.

alt Saloway Stores..

Saint fte. Paper

51

J

Insan Heig

23

10

Seat Paper

Schenley Inc.

Slikdair

G024

#233

Bilth, Cle de Kierch

100

Sony Mobil Oll

30

Solar Aircraft _........

South Puerto Rico Sugar

154

Southern Co. (The

68%

Southern National Ga

101

Southern Railway (C.)

Standard Hrande

3

5314

5

Standard Oil of Ind.

20

51

Kawas C. Power & Light

40%

Sleep Rock

Kenncevlt Copper

101

Sterling Drug Co.

Kimberly Clark

6015

Liggett Meyers Tob. to. Lily Tulip

Sterre & Webster

Stokely-Van (Camp.

174

SJEP

Je?

sidebaker Packard Corp.

1570

Sunshine Mawing

314

Swift & Co.

303

Textron Inc.

Thiokal Chem.

Tide Water Assi. Ol

24TH

Tune Inc. ....................

Tri-Cont. Warrants

20'

Twentieth Century x Pin

Union Carbide...

147

Union Dil of Cal.

40

Union Paclile Rathway

35

401

United Aleerati"

32

1174

United Frull

30%

National culi Cu

Unlied Gas Corp

37

National Cash Reg. “A”

ԱՆ

U.S. Fall"

oil.

to

National Dairy Prod.

512

U.S. Gspaum

10"

Halleral Lead

2017.

US. Line Co.

32%

Natural Steel Corp.

2015

U.S. Rubber

GO

New York Central Noranda Mines ltd.

11

US. Smeing

3214

20% 1.5. Steel

103

soft

Norfolk & Westem Üy. North Amer. Aviation

1023

US. Stee.

PC, FA

153

431

Warner Bros. ....

44

Northwest Airlines (Coal!

Waukesha Motors

44

more

Olla Mathieson Otis Elevators.

Wengisaure Air Brake

3442

BI

Westinichicure lectric

9745

and hardly any outside.

Owen-11linois Cla

Western Unit Tel. Cu.

Pacific Gas & Elec.

GOV

West Va Pulp & Paper

47

Pan American Airways

265

Winn-Dixie Stores

42

Forme Davis to

ramount Pictures

53

104

Ztalih Radlica

120

111

-UPI.

Kansas City Southern was the tuiread star, rising more than four L its best level,

Chesapeake & Ohio and Illinois | Central also

upside Were features in this group. Western Maryland was lower on profit- taking.

General Molors, one of The British Government has

yesterday's upside leaders, lost made important concor-

more than a point but other sions to Denmark to perimeter

shares improved frac- suade that country to join tonally,

Du Pont was strong

in the the seven power "minia-

which helped ture" Free Trade Area chemicals,

cushion the Industrial average. Britain, comprising

countrics, Chemical stocks were easter as

group.

Instruments Texno Austria and

was of harply in it electronics Krʊup. Lending steels lust

tho

Scandinavian Switzerland, Portugal. Conversations on this point are to resume in Stockholin on July 20. The Dankh objections have up to now formed biggest stumbling block to this rival of the common market.

the

A communique published this evening at the conclusion of the Anglo-Danish peroliations wirich have been going on for three ministerial in Lamion at day level, indicate that Bitain is willing

to rece Its customIS Cuties

certain Danish: agricultural products, and, what

is more, to undertake no polley

internal subsidies

of

might cancel auf

these concessions.

which

the effect of

It is notably recommended that British faries on imported Dunish bacon and linned pork by 50 per should be reduced

15

cent as from July 1, 1980 and then completely abolished from July 1, 1901-AFP.

Chicago Grain

Chicago, July 0. alt in

Closing prices

per bushel

Wheat No. 2, red

Spot

July High

cents

1027

18011

·18747-

1019-1

1984-20

Sept.

Dec.

March

May

10531

Con No. 2.

No. 2, yellow

Spol

1244

July

T

Sept.

ឃée.

March:

12-10

MAY

F10

R30

July

Bapt.

Onta

July

Spul

Sept.

Nov.

Jon

last

fractions to

at two points.

Today's volume was 4,010,000 shares.

volume!

Of a total 1,241 shares traded, 532 were higher and 482 lower.

American Exchange was 1,120,000 shares.

Honds volume mounted to $6.130,000

Dow Jones closing were:

30 industriols

30 raite

15 miles

03 stock

40 bunch

averages

C43.81

173.56

30.04

272 40

01.01

150.20

Com, future price index..

Closing Prices

Abitibi we, & faper

Altus ine. Ae'y

Abled Mills Inc.

Allied Chemicals Alta Chakr Ani, Brake Shoe American Airline American, Catile

Corp. American

Amer. & Fun Cu.

+ 344

34%

423

13

Stadio

10%

U2

14%

Bay

18414

Win

45%

DIY

Tel

DOY

Power

Ani. Gas & Electric Aut. Home Pro

Am. Mach. Fury American Metal An. Natural Gas American Smelting Am. Sugar Ref. American Tri

American Tob. "B"

Anaconda Copper Armee Steel

Armour de “Ating Comm--Mfrsárast Balwin-Lina-Lam. Baltimore & Ohku Bank of Montreal. Beneficial Finance Bendix Aviation Corp. Benniel Cons. Bethlehem Steel

Boeing Airplan

Harden (The)

Co. ...

Burroughs Add Machine

British Aleer. On

Calif. Packing Corp. Cana. Bk. of Camn.

Soybeans, No. 2, yellow

12312-124

1245-2

Celance Corp.

CIT. Financial Corp.

224 hom Chase Manhat. Bankt

212-211

Chrysler Motora

Clurit Peabody,

40

Litton Init. ..... Lockheed Aircraft

Loews_Incorp, ... Laitve Star Cement Co Lowenstein & Sons, McDermott J, Ray McDonnell Aircraft Mesabi Iron Corp. Manesota Mining Manion Development Monsanto Chemical Montgomery Ward Motorols Inc.

PORN J. C. Co.

יטר

Yesterday's Closing

Woolworth (K. W)

of the

The money value of the deal 3112 depends on

the value acquiring

shares company's after the dilution: those of one 35% of the three sultors can stand up

to it better than the two others.

In ny case. the deal will be about an eighth the size of the Texaco merger with Superior

indeed that U.S. deal is larger than the British Aluminium, Harrods and all Britain's other much

of publicised takeovers

this year put together, and It little stir in the U.S. creates

As bull markets get older it becomes

more important

for

people to keep a sense of pro- portion-China Mail Spretni.

COMMODITY PRICES

SUGAR

NEW YORK

Closing prices all in cents

per 1b.:

Contract No. 4 (world)

Sept: 2.70-71; Oct: 2.74: Jan: 2.95: March: 2.58; May 201; July 203: Sept: 2.10 Oct: 2.99: Spot-11.0.b. Cuba): 2,72; Total SMS coil. tracts, Open interest: Contraci. No. 0 (domesile)

Бер:

contract.

Nov: 5.84; March: 5.579 Spot-(c.l.f. N.Y. ex-duty 6.85: Total Sales: 12 contracts; Open interest: 3,220 controcis-UPI.·

COTTON

NEW YORK

Closing prices all in

Mixed Contract

July/Aux

Oct/Nov. ___Dre/Jast

March/April

May/duni

July/Aug

SAO PAULO

All unquoted.

21.40

Average price in US. at 14 designated spot markets: 34.00 cents. Total sales: 2,589 bales. --UPI.

RUBBLR

NEW YORK

Rex rubber futures closing prices, all in cents per lb.:

July: Sept: 34.30: Nov: 34.10 Jan: 33.00; Maret: 30.75; May: 33.85; Jiy: 33.53

SINGAPORE

Closing prices all in Straits cents cents per lb. fo.b.

35.45

34.50

32.22

32.33 39.60 30.45

ports:

No. 1 July

(No. 1 Aug.

No. 2 July

No. 3 July

tio, 4 July

Spot rubber unbaled

Blanket crope

No 1 pals crepe- 30.43

oli in cents

उभ

0312 PUT

VIEN

Spot

Cann. BrewDIT

July

Oct

Campbell Soup C

Dec.

Canadian Pacie R.

309%

Match

Case J.L.) Co.

243 May

CM, Tractor

130

July

4036

Oct.

5241

Dec

NEW ORLEANS.

20014-

47%2

Closing prices

213

10

Colgate-Palmolive Co. Ubian Carbon Co.

2014 per 1b.:

Spci

V

Commercial Credit

Jily

120-135

Consolidated Eviron Continental Oil of Del.

Q

Oct

0512

Dec.

13.30

Crane Ca. Crown Zellerbach ..

****

March

MEDY

Cuban Amer, Sugar

20

July

Diamond Alhat

Del.

Dec

74

"LIVERPOOL

2:00

per lb:

Merch

Baficy,

Spot

New York flour

200, fark

Exchange Rates

mahless was done in the local unofficial exchange market this

inoming at the following raten; V.8, dóltara (per $1}

Diamond Gard Dominion Stores Dougie Aircrnet Dow Chemicals

Dupont de Nemour

Eastern A

5.75

Parlimen

Sterling notes (per £3} Australian hotes (per £1.2

16.37

Paso National Con

12.05

Yamily Finance Corp.

indonesian rupiak (per 100)”

430

Firestone Tyre & Hubber

Bilem fionde (per 100) Bingapore (limita)

20.00

in Nat. City

1.81

Ford Motor

METALS

Sept

Britisit

07-13/16.

Billedred Bonds

Transport 3, 1978/8. Consols £32-7/10. Console -£74-3-10

1

oither

THIRTY teot in the air

Just 3,000 feet down- the runway is this Braniff pass which can be used International Airways as a North-sooking Electra which went into prop- gyroscopic directional guido jet sorvice June 15. or as a general directional

Sixth carrier to introduce the gyroscopic guido, is now to be made available in Britain, Lockheed airliner in scheduled Its operations, Braniff opened The system is said to be un- affected by rolling.

turbine ora with Ave new round trips daily out. of Dallus. From or other factors which can affect Braniff's headquarters at "Big the performance of gyroscopic D," the luxury-styled, 12- compasses in small vessels, or

passenger

began transports land vehicles, under badlights to New York, Chicago, operating conditions, 1 la also

San Antonio and Houston, skle, the complete unit measuring 10 Inches square and weighing about 30

Conversion Lati 314th 1969 of small

£071

Funding

3 Loan 84 Funding Sick 32. 1995/2004— £12-15/16.

1000/30- Funding

នរ

Late

Saving 31, 1955/56 Cft-7/16, Bovyloo· ล

Savings 37. 100/10 71.116.

Banks Barclay's Bank "A" Ltd ord-370. Chartered Bank-Bus ilongkong-EMY.

Union £1-23/32

Insurance

Insurance

Aretat and Motors

Motor British

Corp. 11581.

Ford Motor Co-089 1d.

23%

Breweries

Distillers Co-458.

Buliding phd Material

Canton-1

Ord-lls

+

lbs

AL

vibration,

Mure cities on Braniff's do- mestle network will get Electra service 1.8 additional plones Lockheed factories arrive from

in Burbank, California.

the same thino it is held to be capable of controlling alt ypes of repeaters and automa- Ile helmsmen. Manufactured by Sky-watchers in Ílongkong S. G. Brown Ltd, Shakespeare will see a second Electra this Street, Watford, Middlesex, Eng-weekend when Cathay Pacific land.

Airways pilots will fly her the Colony from Burbank to augment its present fleet pre- paratory to the introduction of weekly services to Sydney via

Japanese Move To

Get More Ship Orders

THE

Manila and Darwin.

to

10

CPA'passengers will be pro- THE Japaneso Ministry of vided with the fastest service on Transport has called the route total flying time of upon the Japanese Govern-only 14 hours and, 5 minutes.

ing, fight from Hongkong Associated Portland Cement-ca.ment to help local shipyards The Electra will make a prov- Pinchin. Johnson Anunciates Ord-compete effectively with Sydney on July 10 and the in-

European builders in getting augural Bight will be on July. export orders by providing 23. liberal payment tarmi.

Western Air Lines plans to fly The Ministry also called for Electra from Los Angeles to San the granting of more loans to Franeinco-gate to gate--In just 30 61 minutes. Western schedules under-developed

Coal, teel and Engineering Babcock 4. Wilcox 1,10- 1. Vickers Ltd-- 1.

Food and Tobacco British American Tub. Co., Ltd- 53 3d

Imperial Tabacco

3d.

Miscellaneou

Co., Ltd-569

Countries

British Oxygen Lld. Ord-01 34. that orders night be attracted are being revised to reflect 30 Canadian Pacifle

Dunlop Rubber C-454.

다.

Hongkong & China Gas-,

Imperial Chemical 15 750. Lyims CD-724 130. Unilever Ltd- 10150.

Paper

Bewater Paper Carp Ord-32s

Radio and Electrical Associated Electrical-Bus Ed. Electrical & Musical-54 34. Envid Electrle Co-43 3. General Electro-31 5.

from these natis.

per cent time savings over pre- New orders roceived by sent equipment. Second WAL. [Japanese shipbuilders from Electra was delivered last week

loth oversens and domestic and three more will be added

declined from 2.9 mil by October.

owners

1. lion tons (gross) in the 1956-57 Wil

Shipping Indo-Chine Stein Nav, Co, det ord-20% od

P&O Steam Navigation der ord -371⁄2 191⁄20.

Stores

operate

Western Electras

on a two-hour financial year (April to March) scheduie linking San Francisco to 1.8 million tons in the 1957-58 and Seattle.

inancial year, and 1,1 million

tons in the 1958-59 financin year.

Noise Absorbing

Great Universal Stores "A" Establishes New Record Interior Paint

Marks&Spencer Lid-034.

Woolworth Rexilies

& Co-32 3d.

Conte J&P Lub~278 4kd.

Courtaulda Ltd."

Bagio-

Minei

.101jel.

ON

her maiden

*

voyage the TUST being introduced, a

Japanese cargo laer Oregoa

Maru, owned by Kawasuki

new interior paint is

Corp of South Steamship Company of Tokyo, said to reduce sound lovely

Con Goldfelds of Stuth. Africa-established a new record for the in a ship's cabin by as much

Cond. Zine Corp. Ord-G45 Dd.

De Beers del-105s.

Yokohama-5on Francisco run.

day:

any

the

The ship completed the dis- as 10.5 decibels. Free State Development & Invest-tance of 4,525 miles in

An alkyd-latex base coating, megl-11 24.

14 hours 9 minutes at an aver- It contains specially prepared age of 19.661 knols. This beats granules wilch dampen by 1 hour 1 minute the pre- bounce-back of sound waves. Southern Kinta Cons Ltd-22 vinus record set up in August 302

last year by the Nevada Maru,

type of Applicable to

it la odourless, dries Goldmiring of the same ownership.

surface, The Oregon Maru, of 13,330 in three houta,

avail- deadweight tons, was bull! by able in white and ten colours, British Borneo Petroleum Syndi-Kawasaki Dockyard Company, and will cost about $8.70 · a cate$78 Dd.

The Petroleum Co., Ltd-oes Kobe.

than the propelling gallon, slightly more machinery consists of `n Kawa price of conventional paint. The soki-M.AN, turbocharged diesel paint is produced by Acoustic

Corp.,

500 Fifth Engine' developing 11,500 b.h.p. Chemical at 110 r.p.m.

Avenue, New York.

Closing

NEW YORK

prices, all

in cents

Hongkong Ti45 790.

Petaling -

per lb:

I

Rand-Vis id,

Load

July

11.006

Sept.

11.Ash

Zinc

Copper

July

10.88b

Union Corp040 74. Wast Driefontein

Sept.

11.000

130 31.

July

27.085

West Rand Cons-24 84. `

20.17-19

July

101.6714b

Bepi.

101.700

LONDON

ed.

Burma-004.

Hoyal Dutch Petroleum-£14%%, Shell Transport & Trading--13 kl.Heuter.

3-month

Buyers

701

Sellers 701

302

Cupper spot

3:44

3-buti

at nt alt July,

Closing prices, all in sterling per long-ton.

Tiu spot

Malayan zine 1st half July

97-273

-DT

101-1253

V715-07 $4.00 30125-103;1

LONDON Closing prices all in pence per ib.: No. 1 i... 33.30

Bettlement house term

2016-2024

2014

7012

-UPI,

FOREIGN

EXCHANGE

34.73

NEW YORK

54.73

Oml/thee.

2011-2016

JanMarch

Closing rates)

AprivJune

Canda

July/Aug.

20-25

igland

Oct/Doc.

Meist

30.44

30.41

July

Auic.

mwin

BOAC Gets First Boeing 707

Closinog prices

all in poneT

American Contract

July/Aug

GO/NOV. Dec/Jan March/Apri May/June

2245

General markets, c.l.f. basis, portas

28-01 207-201

| Extriə crepe thin. July 301

thick, July 30% AMSTERDAM

Closing prices all in guilders

pár kilogram, cif July.

o. 1 rubber

| NO,, à Funder

No rebber.

crope

All other unchanged.

LONDON

+

Closing rates:

New York

Montreal

Amsterdam Brendel Copast agen Milan

2.To buyers PAYLA

3.1

buy or

273 buyer

-UPL

29.5 by Zurich

1,048 2,11-7/31

201 2/16-AI 5/18 10.00j4-10day:

• 13,80 15×13.0 174333-174095

BOAC's first Rolls-Royço |

engined Booing-707 jet- liner, which has just made its maiden flight, is seen flying for the first time.

pats jet engines, is undergoing flight texts in the U.S.

now |Tho' Conway engines, cach developing a thrust of 16,000 lb, give the Booing.707 a spood of 550 m.p.h. dad á range of over 6,500 miles. It can darry up to 170 pasion- gers:

Later this year, it will be de- which Hydred to BOAC, next year will inaugurate services * Irons, Atlantic

with a fleet of 15 Bäbisid.

The 707, the first of the type to fly · With four Rolls-Royce Conway [bg-) \707%.

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