1959-12-10 — Page 2

China Mail 德臣西報 中國郵報 All

Page

THE CHINA MAIL, THURSDAY, DECEMBER 10, 1955.

PERSONAL SAVING IN U.K.

London Revived By

Closes

Firms And

Higher Individuals

London, Dec. 9. Prices turned higher on the stock exchange today in fairly heavy dealings, Buying was spurred by the big advance on Wall Street yes- terday as well m by a recovery

in the sterling rate,

t-rized securities, sharply the session, fit-ti orbe a better an average the sterling rate slipped back

higher early in

below the $2.80 mark.

Apart from steels which regis-

1 disappointment with

late

the

dividents, industrials

anoved bend.

Ford and BMC gained ground

in molors,

Wall HONGKONG

STOCK EXCHANGE

Our Own Correspunda mi

$904,000 Noon quotations and

Khatee Myers Sellers

10.30 A

A

01

An impressive feature of the British finan-

Burner done at the Hog cial scene during the past few years hos kong Stock Exchange this morn- been the revival of personal saving, mounted to approximately During the nineteenth century and in the nomina's traurartle the earlier part of the twentieth the FANS British people were vigorous savers. ItRANCES

their efforts which raised the se capital for financing the construction wher of railways, tramways, ports and other public utilities in many parts of the world.

Was

But after the second world funds while Courtaulds, war, probably in reaction to Government IC, Turner & Newall. Philips wartime austerity, they became Langs and Quest Keen with good gains.

A

much

Lombard

Waterboat

23 t

03

5000 5.10 (073,70 2300 / 5.AN

141 100 140 200 140

DOCKS, ETC. K. Whart

137

Dinx

It

Pravidel

10 20.3)

Talkoo

23.30 20 LAND, ETC.

K. 31.73

T

par

Ink Lau.

37% 37.75

nutside the eld of

speurtles: and therefore pay a these

rather time

74 more higher

ot Interest eloped for

it is about four *spending-conscious.' And down currently It the middle 1950s most of cent, Shipping, bank property firm- ad white al lending stores were the saying done in Britain was

As well as investing in Gov. companies and took was a jump of cons by Tr A feature

Speurilios the British the form of the ploughing back ernment 199 for Crosse & Blackwell

Between public also puts its money Into at Losiness

profits, to Ate Mal.

1949 and 1951 ret savings, i.e. busting societies; these 1tar

operated institutions, KU the excess of new mying over privately

very :locks were tody while gold shares sipped, back after a strong start. Cop- FS with full and oils easier. UPL

Closing Prices

the engashment of old, by the though under some degree British general public mount-official supervi-ion, that borrow ed to only £200 million a year from the publie and lead or barely 2 per esm

500 + 50

Street Continues To Advance

New York, Dec. 9.

Stocks extended yesterday's advance in moderately

active trading today.

sup

was

Suppor: for the Industrials Benefcial Finance Continued but al a slower pace. Bendix Aviation Corp The industrial sleek werpgo Benguet Cons

within three Bethlehem Steel yesterday moved polnis of the all-time highline Airplane

Borden (Tri Co. Strong

Ackl Machine Burroughs | posted August 3.

Oil Briti Aller port

blue chips

British Columbia Elec. sponsible for u good part of

British Columbia Pwy" his rise.

Calif Packing Corp. Cana. Bk. of Comen. Campbell Soup Co. Case (J. 1.1 Co.

for the

However, brokers noted that this despite the market's recent appearance of strength, declines among the 10 most actives 4- numbered advances yesterday. 450 120This was interpreted as an in- dication that recent strane 1: 3015250 among the industrial and rail

be neuring 1000 3222 sections may

100 333

luterruption, 123 37

TO 4

an

Drugs, under severe pressure of the Congressional investiga ton of pricing practices yes.

somewhat erday steadied during the scion. Schering

fell Carter Products ne! point or mere, while Merek and Prike-Devis dropped fractions. 1ver fumed.

Steels had tone irregularity. US. Steel and Bethlehem were Youngstown fractionally. off and Republic were up a bit.

encountered sell Electronics

more Lition falling ing with 1953 than two and Texas Instruments 19:40

npoint. General 200 1989; 10: 2000-249 Time added around one.

Jumpi

20.201

370 37 50 50.7327

really ....

14.75 5 w 17.25

Amalg

0.13

Trupt

3.83 9780 5.33

A. Towa

440

2010 1 1.45

In

Sumkala

3.70

..

1976/15--

of letal people who want to buy houses, .K. ending: this was less! Many of the

of the savings organisations than on eighth

UTH ITIES

Trai

23031, 4

are very large branches with

maale by companies,

Old Ways

i throughout the country. Morey 2. Ligba

tanging is accepted

XD from a few shillings to several thousand pounds and can usual- | Ay by withdrawn at short notice.

Stai Ferry.

Varnati

15 H

1.30 15% IN

127%

100 127

Sums

19 70

VI

300

19

454

100

Meetthe

23.60

Parts

24

20

14.30

301 30.75

1:00 31

Gilsedged Tonds

pr

21-507, Comel - £15-13/16

Skyeur1

404-3 14

1

[:11 3. #559/09

EXT

Fandang 21-076

Now however the individu | Rates of interest vary but at thei Stuck 397, 1999/2004-¦ Briton seems to be getting back ¦ purrent are mostly between | Matoo

160/90 into his old ways, During the theses and four per cent; this is 7

11 few years the annita? net | From

LINKET 4'..

Saving 3. 1855/85-412-1/16. Subow

2/70-1324.

ES75 - £77-15/76. Sammip

B Baclay Black "A" Ltd- Gas

leted Flenk-- THE

Jongkong - ENG

Insurance

tion Insurance Canin-£3-3/16.

Alresalt and

Mutors

Both Motor Corp. Ord-21. Ford Motor Co.-361 d. Routes Ltd "A"--Os G

Standard Traph Internallonpi-

10 *P1

+

Herwriter

Destillers Com3 ft.

Building und Materials

Aubelited Purtianst

Cem rol-724

Pelurt Johnson Associates Ord-

Tit, steel and Engineering

Habemek & Wilcox Ltd-14 3.

Yakes 1-32 101

Food and Tobacco British Ameritan Tob. Cur. Lid-- 6381

Iberial

7፣

bees Co..

Lia-

Lirt-97

Miscellaneous Boardman Marden Hotel Oxygen Lid. Ond 709 Kanpoan Pacile Rly-447's. Thelon Rubber Co Mongkong & China Gas-13. Imperial Chemica!-35A LAN & CU-738.

cut.

Paper Thwater Paper Corp Ord—071.

1ladio and Electrical Auriated Ectrical-008. Electrical & Musa)- Fankkal Electie C-40. General Electric—134.

Shipping

Steam Nav. Co. def

Indes China

ends 12% (k).

& Steam Navigation def ord 434d.

Klores

Gear Universal Stures "A"-51 Tsd.

10.

Marks & Spencer Lid-7 Welworth F. W & Co 63% 16.

Textiles

Fonts & Lid-la Courtaulds Ltd-58% 10d.

Mines

Angio American Afta-203 40.

Corp of South

Cons Guldfields of South Africa Vés 34.

L'in Corp. Ord To Skl. De Beers del-1815 10320. Free State Development invest-

10.

S

Petaling Tin 0.

Hant!--1024 d

Suuthern Kinta Con 11-3 d. Union Com-31.

Weal Driefontein Coldrming-19%

West Rand Cong-218 4låd.

ότι

Brish Borned Petrolcon Syndi. cat-501

British Petroleum Co., Ltd---524

Burmah-4 Oct

Royal Dutch Petroleum--X15-11/19. Stel Transport & Trading-1440 3d-Reuter.

f

Invore x which is i

Irease in personal savings | paid by the society, has been about £1,200 million

or roughly six per cent of the nation's

spending. This

re-

Bank Deposits

Other non-official channels of saving include deposits with the

INDUSTRIALS

37% 201 Cemeni! STORES, ETC. Dairy

..... 20.10 0.30

more

thaa

259 24.191 were mixed. Ford and American Motors gave up sold fractions. and Chrysler General Motors

50 30.53 10031 3003075 2011039.50 |

800, 30

200 - 20:50

med.

Today's volume was 3,430,000 shares,

Of a tola 1,258 issues traded, 352 were higher and 704 lower. American Exchange volume was 1,680,000 shares.

Bonds volume $7,440,000

amounted

Canadian Pacific R

at Tractor

Corp. C. 1

Financial Corp.

Chine Manat Bank Chrysler Motors cluett Prabody

Colgate-Palmolive Co. Colombiam Corbon Co. Commercial Credit

| Covalidated Filisozi Consolidated Paper Consumers Ga

Continental Oil of Del.

Cusnos Imperial Meliss Crane Cu

Crown Zellerbach Cuban Amer, Suger Diamond Alkali Iamond Gard Hitlers-Seagram

Dampton Stores Douglas Aircraft Dow Chicinical

General Dynamics General Electric

General Foods

Getty Di... Glidden Co

Britain's New Stainless Steel Supersonic Plane

London, Dec. 9.

A stainless steel, supersonic research aeroplane capable of flying at more than 1,500 miles per hour is nearing completion at the Filton, Somerset, works of Bristol Aircraft Limited.

mmakers

10-

The aircraft-the Dalis of Bristol T-188 - wers officially released by the cob night.

QT 40M

Recommendation

Bristot Aircraft announced For Boac Permit

35

49 tht

Cal

techniques entirely new

had to be evolved for the plun in welded Stainless steel

LG

2124 most the problems of kinetic 67% heating

expirienced #1

42

high speeds.

54

172

از با ه ۲۱ متر دارم

VATS

They ald the plate in fac'.

frontiers

o!

216 knowledge structurally, acred,-!

נב

int the volution

"Much that is being learned

(irect

In all these aspects will be of i the! to significance

supersonic evolution of future

Bristol

and Many of the materials techniques used in the develop- ment of the anteraft are new to aeronautical

engineering

in

T

Washington, Dec. 9. THE U.S. Civil Aeronautics Board 'recommended to- dify that the British Over- seas Airways Corporation be granted u 'permit to passengers, transport goods and mail between London and Los Angelos via a Polar route, and to off-route engoge

in charter service.

Mr Curtis C. Henderson re- ported to the Board that there was a definite need for a direct Pciar air route from London, to Los Angeles and that it would be in the public interest

'He sold grant Boac's request an outstanding bilateral agree- ment provides for the route in question.

"presses on the

124

nomically, and

of its systems.

nna,

Dupont de Nemours Eastern Air 1e Easthan Kodak

262

34

1075

Autos

Ford Motor Co. of Cana

Pas Natural Gas Farity Finance Cary. Firestone Trie & Rubber

City Bank Fit Nat.

37.

121

transpor!

alreruf:,"

1691.

said,

Ford Motor ...

Georgia Paciße

437

NEW TECHNIQUE

103

General Motorn

02

Gen. Pph, th Gen. Tyre & Rubber

Grummen Aircraft

Goodrich . r. co. Goodwer Tyre

135% Britain,

GULL OU

109

B00... 20.10

Heyden Newport Corp.

19

1000 20.03

Tom Walker

34

10.30

Humesake Mining Co

CH

1. Craw

25 40 23.70

500 230

25 40

Hussan Retriz.

20%

25.45

Idaho Pow#!

37

A refrigeration syslan been developed to conl the cock- systems pit and keep aircraft hind

down instruments reasonable working tempera-

Jas

to

Frobisher Bay subject to such variations as weather con- ditions may require.

to Boar Ho sald

proposcs operale the route over Gander

1.70

...

9 2000 1.4)

tures.

Alden Tue, Acr.

434z

45

14

15 1000

Algona Steel Corp.

37

Allied Chemicala

121

Inland Steel Co. Interchentical Comp

ரசு

412

14.49

Am. Brake Shoe

Machines

429

American Airline

243%

Int [Tyester

10

Am. Cable & Radio Cerp.

107.

International Nickel

103

6 33

1000 6.40

American Cyanamid Co.

5012

International Staper

138

An & Foren. Power

sint) Tel & Te

Art, Gas & Electrk:

47

Johne-Manville Co.

173

Kaiser Industries

144

49

Kansas C. Power & Light

437

Kimberly Clark

Kenneco Copper

4

71

American Smelting

Lapreti & Meyers Tob. Co.

#17

Am. Sugar Bet.

American Tob.

American Tel & Tel

Lily Tulip

70%

1971.

Lobkow Groceterias

Lilton Indian

1271

24

Anaconda Copper

431e

Lockheed Aircraft

31%

Incal

Armex Steel

75'

Loews Incorp.

They are installed in wing

This

Armour *****

rates:

Asbestos Corp.

Lone Star Cement

& Sons,

nacelles extending far

20

Atina Cona, Mining

25

5.69

Baldwin-Lima-Ham.

BicDermot! J. Ray

10.40

Baltimore Ohlo

1

12.50

Bank of Montreal

McDonnell Aircraft Mesabi lon Corp.

3114

Minnesoin Mining

22.00

flank of Nova Scotla

71

Mission Development

20.05

Beech Lite Savers

375

Molsons Berwery

11

Be Telephone

alonsanto Chemical Co.

vival may have been due in part to the ending of inflation inducing greater confidence in the future value of the pound, commercial banks which Wutor

pay a small rate of interest and in part to a rise in the

sums paid into deposit accounts COTTONS rates of interest offers on in-

which can only be withdrawn || Texte" vertinent The ending of the

with hunger for consumer goods left after notice and deposits

hire Nanyang XD 13.50 MISCELLANEOUS over from the war may also companies which hange

Vibre 24.0 have had something to do with purchase transactions.

INVESTMENTS

1.

dom?

Contributions to

usu

Allied

Sono

14 CO

saving has increased greatly the proceeds to buy a wide and Exchange Rates

Finally there is investment in How is this barvent of savings the shares of commercial com- Over recent years the collected in the United King-panies.

life Small British investor has been arsurance and pensions schemes participating note widely in this account for between a quarterfield through Unit Trusts. These

sell units to investers and and a half of it. This kind of

<if balanced range carefully

shares in companies.

I was done the ordinary and pay a steady rate of in- unofficial exchange market

small morning at the following terest. They attract the Sirver because, by spreading the

U.S. dollarY (per $1) risk. they reduce the chances el Sterling hetes (per £1].... Australian notes (per 41. loss through. fluctuations

Bidonesian rupiah (per 100) .. share values on the stock market. Stan teals per 1001 -LPS.

Singapore (Straits

آف

since the war as a result of the Inauguration of more compre hensive social welfare arranges iments by the Government and

the

number growing business concerns operating

chemes Superannuation which employees and firm both contribute. There has also been n big increas in the 1950 in saving for house purchase

bough: Many people, having

to

the houses they live in, are now

to pay back saving hard

capital they borrowed.

Investment

the

But there has also been an

Increase in the volume of direct

financial investment by private

in

Yesterday's Closing

Closing Prices

Abitici PAT. & Paper

An. Home Prod.

Am Mach. & Fdry.

American Metal

Am. Natural Gas

COMMODITY PRICES

citizens. This now accounts for NANA PENYA about

it third of

all persunal SUGAR

saving This investment flows through three channels. One of of #hese ja the purchase securities offered by the Govern- ment. Two of the most populat of these are the Savings Cer- tificates, sold in units of fifteen | 16: shillings, and Defence Bonds, sold in £5 units.

NEW YORK.

Closing prices all in cents per

Contract No. 4 (world)

Jan

3,04

March

3.12

May

July

3.15

Sept.

Out.

Jen. Mar

Bpolo.b, Cuba) Total sales to contmacia

interest: 8,533 contracts. Contract No, 6 (domestica)

of each The present issue matures after seven years but holders may cncash them t short notice for their full face value wherever they wish. The Savings Certificates give lax-free return of about 44 ner con! I kept unil its

Jan. maturity dale; the 'Bond' yields

March May is taxable. 5 per cent, which

July but also earries bonus rights

Soot (C... N.Y. ex-duty) Total Sale: one contract. that carry the effective taxable

1D4? contract.—— Open Interest: return up to about 5 per cent.

relative new- A third and comer on the list of Govern- ment securities is the Preslum Borki This bears no interest; instead the holder participates in a monthly draw for prizes contract ranging from £25 to £1,000,

Longshoremen Agreement May Be Signed

Now Orleans, Dec. 9.

Waterfron! labour

negotiations will be resumed the prize und being fed b

on Thursday between the in-Government allocations ternational Longshoremen's As-

valent

to 4 per sociation and the New Orleans annum of they total Steamship

with bonds Assocth liom

outstanding. come cources binting that an Premium Bond may also be ch- out of cased at any time for its pur- agreement might come

chase price of £1.

these discussions.

White northern

groups have

come

Upi.

Average price in U.S. at 14 de Exnated spot markets: 31.69 cenia.

Total tales: 111.431 bin.

LIVERPOOL

Closing prices all in pence per 1b:

American Contract

Dec/Jor

March/Apri

May/June JUIZZAVE.

Det/Nov. Dec Jan.

Dec/Jon

Mixed Contract

March/April

May/June

July/Aug

Oct/Nov.

Dec/Jun.

883888

No. 1 rubber

No. 2 rubber No. 3 rubber No. 1 creve

Imperial Off

F30 Imperii Tabacco

3,37 buyers 3.35 bayern 2.33 bayers 3.95 buyer

UPI.

METALS

NEW YORK

all in Closing prices, PET lb.

Dre

Jan,

Lead

*UPI.

Zine Dec

Jon,

Copper Dec

Jon

www.

Dec.

Jan

LON

RUBBER

NEW YORK Rex Tuber

futures closing prices, all in cents per tb.:

May

COTTON

NEW YORK

Closing prices all in cents per cents

tent

equi❤

per b amount of

Spot Dcc. The

March

May

July

θεί,

Dec.

Mar,

MBY

Ingersoll-tand

l Businem

Montgomery Ward

Motorola Inc.

National Breul Co. Nations Cosa Rec. "A" National Dairy Prod. National Lend

National Steel Corp. New York Central Naranda Mines Lit.

Norfolk & Western Ry. North Amer. Aviation Northwest Airlines (Con

Olin Mahleron

Ons Elevatorm.

Owrn-nofs Glass

Oxford Paper Co.

Pacific Con & Elec. Pan American Airways Paramonal Pletures Parke Java Co. Penny J. c. co. Penn Sall Co. Phlip Morris

Bowes

BAMI & Gamble Co.

Phtburch Plate Class Publicker Industries Pure Oll

Radio Corporation Radle Corp. Pref. Raytheon

Republic Steel Lents Reynolds Metal

Royal Bank of Canad:

Searn Boebeck & Co.

11.37

117

Shell Oll Co.

11.77

Safeway Stores

1185

Baint Reg. Paper

2015

Schenley Inc.

*2.56

Scott Paper

unquo

unquo

Smith, Kiine & French

Sinclair Of

Sopony Mob!! O!

Solar Aircraft

Closing prices, tell in sterling South Puerto Riro Sugar

Gouthem Co. (The)

Buyers Sellers Southern Hallway (Com)

per long fon.

Tin spot

3-month

Copper spot 3-month Lead 1st half

31.70

Mar

30.50

Zinc lat half Dec.

за 20

37,30

34.30

35.30

35.05

all in Straits Ko.b. Malayan

Bout rubber unbaled

1701-12 117-11714 11734-11035 11710

11016-11732

100-120 114-115

134-13

Mar

Southern Natural Ga

7003

794

Standant Brands

T90

701

Standard Oil of Cal

250

24334 Standard Oil of NJ.

Standard Oli of Ind.

73

Tix

Steep lock „con

961%

UPI

FOREIGN EXCHANGE

NEW YORK Closing rates:

Englanach obend

Sterling Drug Co.

Stokely-Van Camp.

Stone Webster....

Studebaker-Packard Corp.

Suranine Mining

Swit & Co.

Texas Co.

Textron Inc. Thiokalem. Tide Water Oil

Time Inc.

.....

Trador, Finance Tri-Cant. Wotranta

Twentieth Century Fox Flim

Union Carbide

Unlan Oll of Cal.

Union Pacific, Railway

105 3/22 United Alert

United Frust

Jan.

March

July

Sept

Nav.

Jan.

SINGAPORE Closing prices

per lb.

37.85 nom. 37.72

ports: No. 1 Dec.

No. 3 Ju

53.10

33.30

No. 2

00.

No. 5 Dec.

32.93

No. 4 Dec.

31.01

30.09

Blanket erepe

31.11

Nu. 1 pale crepe.

2.703

2.8015

United Gas Corp.

Closing prices

2.2015

U.8. ""

2.7600

U.B. Gypsin

No. 1 vpot

2.0003

U.S. Line Co

Trustee Savings Banks which

Spot Bee. Margh May Juli

31.15

000010

U.S. Rubber.

32.72

Jan March

April/Juno

All others, unohanged.

LONDON

July/Bept.

32.96

Ust Dec.

14-30

Closing rates:

Agreed Merchant Rates 2

Def

31.01

few bo

General inarkets, S...

New York

Dec.

porte:

Montreal

Mar

Dec.

MOY

SÃO PAULO

special

Hizo Banks

departments

Dol which can invest some of their

kilol.

May JULY

Gosling prices all in cruzetrą, per

.

Trustee Savings

Other

offclot

*Chipping to a full settlement with the union, some bodies, southern employer

channels of b notably at New Orleans and Galveston, have thus far failed saving are offered by a haton-

to complete a new working con-wide system of Post Office and tract, China Mall Special.

pay a fixed rate of interest of

per cent-Sums of a chillings

upwands

may Canadian Dollars, Maxim deposited and are withdrawable Selling, 10 17/32: Minunum Buying, 10 25/32 T/T, 10 27/32 un demand at short notice. The

Trustee Savings O/D.

ww. German Deutschematics, operate Maximum Selling, 72 3/1,

NEW ORLEANS

Closing prices all In cents per per Ib.:

LONDON

nil in pence

Settlement house term:

и

90-day New Zexiond

3416-3511 | gouth Africa

Deigturn

Estate erene thin Dec.

- AMSTERDAM Closing prices all in guilders per kilogram, elf. Dec.

Copenhagen Frankfurt

'Paris

Vierai

168/10-205 0/10 130.35-140,0)

19.00-19.00TË

U.S. Amelung U.S. Btrel

U.S. Steel 7C PF Warner Bros. Waukesha Motors Westinghouse. Air Drako Westinghouse Electrie Western Union Tel. Co. Wat Ya Pulp & Paper Winn-Dixie, foras Woolworks (K, W.) Zenith 'Hadio ...

Bone would use Boeing 707

twice weekly

the basis of weekly it would

jet on an initiul In spite of its advanced struc-f frequency. On tural aerodynamic and systems two services

is techniques the aircraft de- carry 2.000 signed to be flown convention and 3,300 economy

mally and to lake off and

122

412

101

1919

from a normal runway.

The T-108 is being built the order of the Ministry

land

passengers

deluxe passengers

annually in each direction. It also estimated it would

carry

at approximately 200 tons of cargo

mually. of

Aviation. It is powered by twe

De Havilland Gyron Junior INTEREST DJG-10 turbo jet engines.

the report "Boar contends," beyond said, "ihat there is a strong He leading and trailing edges community of interest between and are, in fact, the only un- Lendon and Los Angeles which usual looking feature of the air- has been amply demonstrated Air- ereft,-Router.

by Pan American World ways and Transworld Airlines in their respective applications for a West Coast Polar route to the United Kingdom, of which the board may take official notice,"

More Ships Ordered Abroad

proposed

The report said Boac has not received delivery of the aircraft which it would use over the route and estimated it would be the first part of ships 1080 before the services would ordered abroad this your be launched.

London, Dec. 9.

of

THE number

THE

by British shipowners is

Boac ako estimated it would

far superior to the number maintain about a 30 per cent of shipt for which book-load focior initially ond ings were received in Bri- that this would cover tish shipyards, Mr Ernest of operation. Marples, Minister of carry Bellish mail between the Transport said today in

the House of Commons.

In the course of the ten past months

'orders for

cmanating from foreign cwners amounted to 23,000 dead weight

lernilhals.AP.

It also

Inge Toft May

tons, including 14,000 tons from Leave Port Said

Commonwealth owners. On the other hand British shipowners have booked orders abroad for about 107,000.dead welight tons, during the first nine months of the year-AFP,

New Helicopter

Altitude Record

cosis

would

Cairo, Dec. 9.

THE Cairo newspaper Al

THE

to

Ahram today returned

the subject of the Danish-owned freighter Inge Toft barred from transiting the Suez Canal because it is carrying Israoli 'cargo.

A held to •seized by

a

The UAR has held the Inge Tot in Port Seid for months Bloomfield, Conn., Dec. 9. Becalise, ita skipper and owTICT3 NEW altitude record for have refused to hand over its

UAR "war prizes" tribunal. élous bine engine, established hire today Yesterday, Al Ahrim carried Aviz when a Komon H-43B rose without comment a Tel

the lige Toft to a height of 29,770 feet port that

thy leave Port Said within the Kaman Aircroft Com-two "weeter.

pany announced.

Was

But

Today, the newspaper #indiaputobla

the

The alteraft, reached its re-aid the UAI cord height in 80 minutes, The stand" is that the ship can sait new figure, which has not yet off any time, but only alter

exe jutloadling her cargo, 100% been officially recorded, 14014 cecda by far the one established

The

said newspaper March 12 by a Soviet sit M-1" typy, explosion, engine AR authorities hat ho in- 100 helicopter, which had flown at formeiion that the ship would |Be Idiving för Haita within two 473% on.eltitude of 21,932 foet..

weeks as reported. It Did The "Kainan HD will be the UAR compidered the large used for tescile 'opératidin.--Foft cargo, belonged to, the

AFF.

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