The Business Times, 1 July 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JULY 1,1181 60 CENTS
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  • BRIEFLY...
    • 45 1 AP WASHINGTON, Tues. The government's index of leading indicators, an important gauge of future US economic strength, plunged in May. The commerce department reported today that the index declined by 1.8 per cent in May, the sharpest fall in 12 months. AP
      AP  -  45 words
    • 85 1 AFP JAKARTA, Tues. The Indonesian government has come under pressure to cancel the appointment of the Japanese company Chiyoda Chemical Engineering as main contractor for the expansion of the liquefied natural gas project. in Aran, Aceh. Mr MA Gani, member of the parliamentary trade and finance
      AFP  -  85 words
    • 80 1 AFP TOKYO, Tues. The newly installed president of Toyota Motor Sales Co said today negotiations on partnership with Ford Motor Co of the United States should be conducted with caution in view of recent warnings by Arab nations. Mr Shoichiro Toyoda, president of the sales arm of the
      AFP  -  80 words
    • 68 1 AFP TOKYO, Tues. A center was opened in Tokyo today to promote exports from the Association of South-east Asian Nations (Asean) to Japan and Japanese investment and tourism in the region. The center was located in the World Import Mart, a government-financed emporium, in Tokyo. The
      AFP  -  68 words
    • 56 1 UPI PEKING, Tues. China said today it produced 50.1 million tonnes of crude oil in the first half of 1981, which on an annual basis represents a drop over 1900. The Ministry of Petroleum said China also produced 6.13 billion cubic metres of natural gas, which also
      UPI  -  56 words
    • 81 1 UPI NAPLES, Italy, Tues. A new leftwing terrorist organisation entered the scene in Naples late Monday by exploding bombs at three police stations in scattered districts of the city, police said. The home-made time bombs went off, at intervals of a few minutes, at Carabinieri (national police) offices
      UPI  -  81 words
    • 64 1 UPI LONDON, Tues. Air traffic controllers at five points in Scotland and England walked off their jobs and engineers began a three-day strike as part of a 17-week campaign for more pay. British Airways said it cancelled 50 European and Trans-Atlantic flights and a spokesman for Trans
      UPI  -  64 words
  • Chief Price Changes
    • 135 1 Rises Indices Hoaf Leoag lad Leoog Huat OCBC H Leoag Credit M Cement H Leoag Fia G Ceramics Goodwood Park 8 T P 1975 J Cement Sim Lim 2220 530 1360 1660 1400 1320 1000 1850 780 635 448 200 140 100 90 90 90 60 50 40 40
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    • Article, Illustration
      148 1 Rises Indices H L bid 2380 220 BT Index: June 29 June 30 H L Fin 1460 150 *****4.57 *****3.70 H L Credit 1760 140 Industrials: 1234.93 1238.62 Bo vis 1100 110 Finance: 1967.51 2047.92 Loytape P Chem OCBC Sel Prop K L Ind T Text 444 1100
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  • 691 1  -  GUIDELINES ON INTERPRETATION By LILLIAN CHEW THE Securities Industry Council (SIC) has moved to plug the gap which it found in the Singapore takeover code during the recent attempt by Malayan United Industries (MUI) to acquire Ming Court Hotel and Malaysia Hotel. It has
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  • 251 1 ANOTHER two discount houses will raise their paid-up capital today. Discount Company of Singapore will raise its paid-up capital from $5 million to $8 million while International Discount Company will raise its paid-up capital from $5 million to $7.5 million. In mid-May, the Commercial Discount Company
    251 words
  • 659 1 SELANGOR Properties (Selprop), owner of large chunks of prime land in Kuala Lumpur, is expected to announce shortly a HKI7OO million (about Ss26B million) purchase of the Asian House building in Hongkong and also the injection of a few hundred million dollars cash
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  • 357 1 MALAYAN Cement Berhad has followed Pan Malaysia Cement Works its equal partner in Associated Pan Malaysia Cement (APMC) in declaring a bonus issue. Malayan Cement announced yesterday along with its interim results a one-for-one bonus issue that will double its issued capital to 154.44 million. (PMCW earlier
    357 words
  • 288 1 MALAYAN Uaitod ladastrtaa (Mil) to believed U have ebtalaed appnvtl frem the Malayriaa Capital Issaes CwudttM (CIC) to take ever Hetol Malaysia aad Mlag Ceart n^i uVKIi Althaagh approval Is aadtrrtnd to have beea graated last week, MUI has yet to
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  • 482 1  -  By LEE YOKE MENG INSURANCE agents will suffer from today a sizeable cut in their commissions on motor risks. In an attempt to stop the excessive siphoning off of premiums to the sales and underwriting agents, the general insurance industry has decided to almost
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  • Page 1 Advertisements
    • 3 1 I Times Bookshops
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    • 12 1 w Vi> 0^ <$s> 93C BTW© Phone 4M 7230/4M3H24 /6 7255 7
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    • 72 1 I MITTERRAND challenges US Interest rate poMcy I CHANGING trends In the tourism 1ndu5try............................. 5 HOW the US could rearm China's mi1itary........................ 1 SHIPPING TIMES WILL GOLD price fall to USs4#9? PAPER Products sounds cautious n0te.................................. 11 Mil acquires Sun Hung Kai pr0perty................................... 12 CROSSWORDS I, TV AND RADIO I,
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    • 50 1 The Singapore's Straits Business Times World DIRECTORY at your Qf Fingertips Singapore (Buku Merah) Leader...page f See bmekfge Whenyoubank wfthus, you bank with i* _-V BANQUE NATKMNIALE HE PARIS OVERSEAS UNION HOUSE, 50 COLLYER QUAY. SINGAPORE 0104 TEL. *****11 POSTAL BOX ADDRESS: MAXWELL ROAD P O. BOX 3070. SINGAPORE 9050.
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  • OVERSEAS
    • 436 2 UPI FRENCH President Francois Mitterrand has challenged President Reagan's high interest rate policy and appears to have alarmed fellow-leaders in the European Economic Community with his Socialist prescription for economic recovery. Attending his first European Community summit meeting, Mr Mitterand urged the 10-na-tion Common Market
      UPI  -  436 words
    • 152 2 AP AN AFFILIATE of the Bell System will start operations in Japan next month in what sources called a move leading to its participation in the Chinese market. The Asahi Shim bun said American Telephone and Telegraph International (ATTT), the overseas operations division of Bell,
      AP  -  152 words
    • 412 2 Reuter LEADERS of the 10 European Common Market countries have agreed to discuss trade questions with Japan on a community basis, instead of working out bilateral arrangements. Sources said British Prime Minister Margaret Thatcher proposed at the EEC summit in Luxembourg
      Reuter  -  412 words
    • 282 2 UPI IN AN agreement described as a model of peaceful cooperation in the Middle East, the United States and Egypt have signed a pact under which American suppliers can sell Egypt two large nuclear reactors and fuel to power them. After several false
      UPI  -  282 words
    • 664 2 NYT NIGERIA has agreed to sell a group of Zurich-based oil traders 100,000 barrels of oil a day from today at U5537.50 a barrel, a Nigerian oil industry source said. This deal marks a discount of US$2.5O a barrel from Nigeria's official contract price
      NYT  -  664 words
    • 301 2 Reuter OIL importing countries could increase their oil supplies by introducing price-index-ed loans to attract petrodollars, according to a discussion paper published by the University of Kiel's Institute for World Economics. The report said such loans would protect the earnings of oil producers from inflation and lessen
      Reuter  -  301 words
    • 328 2 UPI THE US hopes to convince Australian Prime Minister Malcolm Fraser that his country can serve the cause of Middle East peace by contributing troops to the multinational Sinai truce force. But US officials were not expecting a firm answer from
      UPI  -  328 words
    • 270 2 Reuter POLAND has asked Western countries (or financial assistance worth US$l.2 billion to help cope with its economic crisis. Help (or Poland, now desperately short of foreign exchange, raw materials and imported goods, was discussed at the EEC summit in Luxembourg yesterday. Sources said last week
      Reuter  -  270 words
    • 641 2 AP IF IT is true that every cloud has a silver lining, the shiny side of the US car industry's woes may be the chance for suppliers to make replacement parts for millions of foreign cars now on American roads. "In
      AP  -  641 words
    • 385 2 AP, Reuter WITH chants extolling martyrdom and condemning America, more than one million Iranians gathered yesterday (or the mass funeral of the 72 Iranian leaders who were killed in a bomb blast at the ruling Islamic Republican Party (IRP) headquarters, Teheran Radio
      AP,; Reuter  -  385 words
    • WORLD IN BRIEF
      • 472 2 ISRAELIS flocked to the polls on Tuesday to choose whether Frime Minister Menachem Begin or opposition Labour Party leader Shimon Peres will lead the Jewish state for the next four years, and surveys predicted the two running even. Polls predicted Mr Begin s Likud bloc and
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  • Page 2 Advertisements
    • 241 2 V AT ALL CYC SHOPS llnn't miss the opportunity t <«# 1.1 II II w« J t I t r> OFFICE SHIRT phrimhfir?' Austrian No 9118 Fabric Short Sleeves $22 50 Long Sleeves $24.50 Now $9 >90 Now $10 ■90 Klo. 7905 Long J Sleeves Short Sleeves 10.Mud ft 'j
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  • REGIONAL
    • 530 3 Reuter PRESIDENT Marcos took his third oath of office yesterday after 16 years in power, launching a New Republic which he said would lead at last to national unity. The 63-year-old president, re-elected for another six years on June 16, said in his inaugural
      Reuter; AP photo.  -  530 words
    • 678 3 AP THE CHINESE Communist Party issued its most powerful and sweeping condemnation of the late Chairman Mao Zedong yesterday, proclaiming for the first time in a historic document that Mr Mao personally purged the man who is now China's paramount leader Deng Xiaoping. The
      AP  -  678 words
    • THE REGION IN BRIEF
      • 399 3 Agencies AUSTRALIA'S Industries Assistance Commission has called for a big cut in government protection for the Australian car industry, phased in over the next 10 years. The official recommendation, if adopted, would lead to more car imports and cheaper cars for Australians. Currently projection adds about AJ2.000
        Agencies  -  399 words
    • 195 3 UPI JAPAN suffered a US$277 million current account deficit in May, the first red figure in three months, the government said yesterday. The Bank of Japan and the Finance Ministry said in their joint report that May exports totalled $12,192 billion, up 19
      UPI  -  195 words
    • 361 3 AP NISSAN Motor Company is planning to drop the Datsun nameplate from its 1982 models sold in the US and begin selling those cars under the Nissan nameplate. A report published earlier this week in the trade journal Automotive News, citing sources
      AP  -  361 words
    • 177 3 Reuter INDONESIA hopes U be producing about 1.8 million barrels of oil a day (bpd) by the end of tbe mrrent fiveyear plan la IM4, Mr Yado Sam bono, bead of tbe stateowaed Pertamlaa oil company, said. SpeaUag at a ceremony marking tbe start
      Reuter  -  177 words
    • 589 3 NYT THE Taiwanese government is advancing what it calls "a second land reform" to combat some of the success of its first reform programme, undertaken shortly after its retreat from the mainland of China in 1949. The present campaign is a significant indicator of the economic
      NYT  -  589 words
  • Page 3 Advertisements
    • 207 3 r. New Sleeperseats ml FORTHE BEST NEWS IN TRAVEL 157 cm (62") ill 86cm (34") (when there sa vacant seat beside vou.) m r u z Introducing two new measures to benefit businessmen flying to Londonaiid Australia. Now you can measure your length at no extra cost on the new
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  • RAW MATERIALS
    • 385 4 AP REPORTS from Brazil of possible frost in coffeegrowing areas last week steadied plummeting coffee prices on the London Commodities Market last Wednesday. Robusta coffee for July delivery, which had fallen on Tuesday to a five-and-a-half year low of £712 a tonne or 64
      AP  -  385 words
    • 88 4 THE STRAITS tin price in Penang yesterday remained unchanged at M 528.85 a kilo, still within the ITA lower range of $27.28 and $39.11, dealers said. Despite a lower London market on Monday and higher offerings of tin concentrates from miners dne to endmonth clearance, conditions remained steady
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    • 32 4 Rubber: June 30 Singapore: July: 235.00 cents (up 2.50 cents) Malaysia: July: 254.00 cents (up 2.00 cents) Tin: M 528.85 per kilo (unchanged) Official offering: 242 tonnes (up 52 tonnes)
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    • 451 4 Reuter PERU'S long term copper production potential is enormous. The major unexploited deposits offer a resource basis for large scale mine projects, while there is aign potential for creating more modest new mines, the newsletter Copper Studies said. It noted that the government has outlined plans
      Reuter  -  451 words
    • 289 4 RUBBER prices in Singapore yesterday opened about unchanged and thereafter, the market lost further ground on sporadic offerings before recovering again towards the morning's close on some shortcovering interest. Volume was moderate. Afternoon prices gained further ground on continued covering interest in quiet trading, they added. It closed the
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    • 382 4 RAS prices In cents per kUo yesterday: Noon (per kilo) Buyers Sellers Iat 1 R.S.S. prompt f o b- 236 00 22T00N tat 1 R.S.S July 133.50 234 50 tat 1 R.S.S. August MO 50 MLOO tat. 2 R.S.S. 217 50 218 SON UK Con t 216 50
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    • 120 4 NOON SRI t tnd SMR prwn murdav ■AS SSRJO SSRSO llln pall* II Ion pall* Mr (Carnal Mtfci Bayars Saltan ii mso 210 SON 1) 206.00 208 00N Aaful iFor*ir4 Mtk) Bayara Sallara 210 SO 212 SON 206 00 2IOOON MRU B SMRCV SMR L SMR 5
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    • 588 4 Reuter JAMAICA'S government is steadily raising the island's bauxite and alumina production to earn vital foreign exchange and ease a strained economy. Bauxite, a clay compound containing aluminium, is an economic mainstay of this poor developing island-state in the Caribbean, accounting for over half of
      Reuter  -  588 words
    • 181 4 CHINESE Produce Exchange, Singapore ossn closing prices per IMkg yesterday. Csessst «U: Bulk (ob $116 00 sellers, old drum (in second hand drum) fob 9129.00 sellers, new 4n:m fob $135.00 sellers. Cspra: Mixed (loose) $69 00 buyers. Pepper: Muntok white pepper fob Asia NLW $380 00 sellers. Sarawak
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    • 195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttss yam: China Blue Phoenix 20s 2,355 32s 2,870, 40s 3,010 (per bale of 400 lbs). Piece guds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      195 words
    • 329 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.34. 100 per cent second class 1.08. 100 per cent third class 1.05. 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.80, Special
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    • 124 4 AFP A MEETING s* mm* prrtwwt Mi eeasamers wtlttag to Imptemeat m agt——l mi the r«mro*dlt> prevtsleaally epmti to Geaeva m Mwtey with price» at their lewest tovota* Hmm taklag part la the talks have to deeMe whether er Mt It Is paadMe to da se althaagh the
      AFP  -  124 words
    • 596 4 COFFEE: Robusta coffee futures sagged in late morning trading, partially erasing earlier gains which had extended over £20 at one stage, dealers said. Trading in physical coffee was slack with roasters tending to delay purchases until the ICO has confirmed a reduction in the 1980 81 export quotas.
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    • 200 4 SOYBEAN futures in Chicago on Monday finished with pared losses after setting new season lows, down five cents a bushel in nearby July, to unchanged in thinly traded deferred July. Late aggressive purchasing by a wire house and local short-covering ahead of Monday afternoon's USDA acreage report clipped losses,
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    • 131 4 THE Kuala Lumpur market yesterday closed higher on light covering in fairly active trading, dealers said. In July, central rose on ex-mill basis to $1,050 a tonne. In August, central gained up to 970 while north eased $3, and in September, north was unchanged at $965. The refined
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    • 209 4 WHEAT futures in Chicago on Monday closed lower, down eight cents a bushel in nearbys to off 3*4 cents in deferreds. All contracts settled on new season's lows. Prices declined from the start on carryover local liquidation and speculative selling following last week's downtrend, traders said. Trade reports of
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  • ASIAN STOCKS
    • 296 4 rum 1510 unch (II 10 •11 unch Citiara D Nip Print D Nip Torro DaUcnl K*ntyo Bk OS OS 141 4*1 461 unci) ♦1 -1 41 -11 408 unch 1100 SO Pull aplnnin« rdHK rujw Kufuliwj bet IS -J -a it 746 mn Honda mi lion JAL Kajlm* hjo
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    • 162 4 TRADING was dull yesterday as most fund managers had already closed their books for the second quarter. After a firm opening, the market slipped steadily to finish the morning down 15 points. In the afternoon, the market reversed directions and gained back most of its earlier losses. Total turnover
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    • 364 4 STOCKS yesterday finished the financial year firm as late bargain buying among stocks weakened by tax-loss selling helped offset a sharp setback in international gold prices, dealers said. Oil and gas issues accounted for some of the larger rises which helped the All-Ordinaries firm 0.9 points to 699.6, a
      364 words
    • 119 4 STOCK prices yesterday closed slightly higher in weak trading after several consecutive days of declines. dealers said. Jalaprathan Cement rose two baht to 103, South Asia Fibre four to 74, Saha Union and Industrial Finance Corp one each to 152 and 102 baht respectively. JUNK JO Bah is All*
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    • 52 4 FINANCIAL TIMES INDUSTRIALS Monday 543.9 Friday 540.9 Week Ago 544.3 DOW JONES AVERAGE INDUSTRIALS Monday 984.59 Friday 992.87 Week Ago »94.20 H.K.HANG SENG Tuesday 1734.85 Monday 1739.94 Week Ago 1706 95 AUSTRALIAN INDUSTRIALS Tuesday 753.3 Monday 751.8 Week Ago 750.1 ALL ORDINARIES Tuesday 899 6 Monday 898.7 Week
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    • 166 4 AFP NISSAN Motor Co, Japan's second biggest carmaker, has decided to build a car engine manufacturing plant in Mexico. The Asahi Shimbun. said the 90,000-million-yen ($450 million) plant will be built in Mexico's Aguascalientes state, some 500 kms north of Mexico City for
      AFP  -  166 words
    • 37 4 Reuter SHAREHOLDERS of the four Australian companies in the Consolidated Gold Fields Ltd Group (CGF) has voted overwhelmingly to approve the company's reorganisation plans, a spokesman for Consolidated Gold Fields of Australia (CGFA) said. Reuter
      Reuter  -  37 words
  • Page 4 Advertisements
    • 104 4 "No,terribly sorry youte not welome* It's far too popular already. 1 don't know what a man has to do these days to hang on to a pub he can call his own. There's always someone with a loose tongue who'll spread the word about the superb food and wine and
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  • TRADE AND INDUSTRY
    • 217 5 THE trishaw that three-wheeled Eastern contraption which at one-time was the accustomed mode of travel and now, in its antiquity, a compelling tourist attraction could permanently disappear from Singapore if the sole company operating it is wound up. Hyatt of Singapore Pte
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    • 321 5  -  By TSANG SAU YIN SAM'S Hoagies, a food shop which professes to sell American/Italian Lebanesetype sandwiches, has transferred its lease in International Building and sold its operations to Mr Lee Choon Huat, owner and managing director of Lee Brothers Poultry Industries, and a small group of
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    • 332 5 THE Board of Commissioners of Currency has appointed the Singapore Mint as the sole agent for the marketing Singapore numismatic coins, both locally and overseas. The Mint will be wholly responsible for producing and marketing all coin issues in the Board's annual numismatic programme. The Mint has
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    • 316 5 SEMINARS AND COURSES June 12-July 6: CDP Module 5 (Computer Management), NPB Cuppage Centre, NPB June 15-July 17: EDP I (Business Management) Module 111 Managerial Ac- counting and Finance, NPB Cuppage Centre, NPB June 15-July 29: EDP n (Personnel Management) Module in Wage and Salary Administration, NPB Cuppage
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    • 83 5 MR Lennart Leschly, 37, has been appointed general manager director of Copenhagen Reinsurance Co (FE) from July 1. He succeeds Mr Erik Seest who returns to Copenhagen to take up a new assignment. Mr Leschly was formerly attached to the company's headquarters in Copenhagen and was responsible
      83 words
    • 283 5 COMMUNICATIONS Minister Ong Teng Cheong will be guest of honour at a seminar on construction and real estate organised by the Building and Estate Management Society of the National University of Singapore next month. The seminar, to be held on July 23 and 24
      283 words
    • 201 5 FTTZP ATRICK'S Food Supplies (FE) will open its eighth supermarket in Bedok late this month. The new store, which will be at Block 212 in Bedok town centre, will be one of Fltzpatrick's larger stores. The store will not only sell food products, but also carry kitchen utensils
      201 words
    • 175 5 THE Singapore Tourist Promotion Board has begun fresh efforts to promote Asean as a tourist destination. The board will include the other Asean countries in its brochures, magazines and other promotional literature and a film to promote the five countries will be produced soon. This
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    • 681 5  -  By RICHARD SEAH MORE Australian tourists are supposed to be coining to Singapore, but statistics from the Singapore Tourist Promotion Board seem to show otherwise. Figures for April this year also shows that the number of visitors from the United States is growing
      681 words
  • Page 5 Advertisements
    • 27 5 ROCFLOOR Resin flooring many times stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Batika Singapore Pla Ltd tel: *****44
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    • 221 5 The First Official 1980 Olympic Commemorative Medallions struck and certified by the Japanese Mint. I iv -T iC I 1 Only3oosets available for Singapore and Malaysia distribution! The Japanese Mint has been commissioned by the Organising Committee of the 1980 Olympic Games in Moscow to strike a limited quantity of
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  • 370 6 INSURERS must be commended for their resolve to act as one in cutting back the excessive commissions they have been dishing out to agents. Past accusations of weak will power may have been true, but this move clearly demonstrates that the necessary determination can be
    370 words
  • 345 6 IT WOULD not be wrong to say that 'expand and take over' describe much of the corporate philosophy that exists today. Many corporate strategists, not content with building on the strengths of their companies, are keen to acquire others. Empire building has taken on a
    345 words
  • 340 6 Reuter KAMPUCHEA*» piaatlag rIM tor Mit winter's Mia karvect are palafally aware that their ha tiered esaatry kas m fcteww agalast the Mlghta ef aatare that eaaM tar* ahwiMM late famlae. "Hewever maay hectare» ef dee are pie ate I, ae eae eaa predict
    Reuter  -  340 words
  • 1650 6  -  By ANN CRITTENDEN NYT YOU DONT have to lick your finger to tell which way the wind is blowing. Like a spring tornado, this season's enthusiasm over genetic engineering is sweeping over agriculture, one of America's biggest businesses and the nation's chief exporter. The signs of
    NYT  -  1,650 words
  • 585 6  -  LI SHUI-HUA Depthnews FARMERS in the Meranti area in the northeast corner d Peninsular Malaysia can now grow two crops d rice a year as well as other crops like tobacco, thanks to the water supply from a pilot groundwater project. The Meranti scheme, which the government
    Depthnews  -  585 words
  • Page 6 Miscellaneous
    • 633 6 CRYPTIC PUZZLE ACROSS 1 Beat up, in a sense (5) 6 React movingly to music (5) 9 As paid to writers I get on wW»? (7) 10 Enough to fill a book? (5) 11 New way to make wild loveT (5) 12 Chap in a state? (5) 13 Effete as
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    • 623 6 SINGAPORE 5 3.00 PM Opening Mowed by Dw Young And The Restless 3.25 Mandarin TV Theath (r) 4.45 Physical Changes M About Us 5.00 Kvy Of Events (Malay) 5.05 Now Id Alan Show 5.25 Off The Boaton Track Ride The WHd River 6.15 News (English) 6.25 titter's Cove The Balloonist
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  • 2110 7  -  European 'doves' yearn for arma control and detente while American 'hawk»' hope to secure modifications in Soviet behaviour by withholding talks on the aubject. Neither view is realistic, writes lAN DAVIDSON, but the Polish predicament offere a chance for a leaa illusory gamble. IAN DAVIDSON,
    FT  -  2,110 words
  • 607 7  -  DAVID FISHLOCK explains why nuclaar tef ts ara made DAVID FISHLOCK BRITAIN'S first nuclear weapon a bomb showed a marked reluctance to leave the V-bombers. Conventional bombs, nose-heavy by virtue of a vast amount of steel casing round the high explosive, fell readily from the bomb bay.
    607 words
  • 888 7  -  IT'S A LONG WAY TO REARMAMENT By DAVID BUCHAN,COLINA MacDOUGALL FT THE ONE tangible result of Mr Alexander Haig's recent visit to Peking was the US decision to allow Chins to buy limited quantities of lethal weapons. This, plus the admission that the US had set up
    FT  -  888 words
  • 416 7 Reuter "WE KEEP ea bearing all this mooing nad mlaewlag en defeaee tram Enrepenas," a sealer U8 State Departmeat aflletal complained, "bat we waat to see Sane aettoa, nad new." A Senate aide agreed: "Haw mneh laager mast the United States crawl an Its hands nad kaees to
    Reuter  -  416 words
  • Page 7 Advertisements
    • 111 7 1 JJI ?> o rr- D A 52 That's what The Straits Times Classified do. We stock a long list of buyers and sellers and we share it with you. The products, needs and services are arranged in a logical order to simplify your search. It's so easy. The Classified
      111 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 265 8 JUNE 29 Frt CORBEILLE Air-Liquids B S N Oerrmli Danone C 8 F (ThooijonC»f) C»e Francalte des Petrolet Compt|nt« Financier* Compafnte Generale Credit Foncter De France Hachette (Ubralrle). Machines Bull Mlcheltn (B). Pari bat Pechlney Clflne Kuhlmann Peuraot Philip* (N» Oem Be lit) 418 *74 193 127.50 i. 299
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      • 69 8 JUNE 28 1 Tm FORWARD MARKET JTM •4 1140 -3 Mi 3 Braacan Bru-Lamb 13M 1300 ISIS -4 unch -31 Cock IX Been m m unch -3 mo 00 Ob-Lnno-Bra Oew Hobok IW 1370 2156 36 41 IS 3825 130* -10 -33 •1« -M 1 IB— 31 IS -30
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      • 197 8 J\TO* Dm Aaf-Titefunkm <IM -0-7 Akw Mil Laban A1U V»r» BAST Bay H T WDank Bay Vhank Bayer UIOOO moo lSJOBd 194 00 Tn 40 laao *****B 20 -1 -12 17 0J BMW CukIU Chem Vm Commerifcank Conu Oummi moo 204 00 251 00 144 SO SO 00 -1
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      • 171 8 JUNE 29 ris ABN 303.00 44 AnoJd 75.10 -04 Akao 2540 -0.1 AMEV M* 0J Amfu 102.00 unch AmroOnk 96-00 -0.2 ere yioo «J0 unch 0.2 Boll MJ0 0.2 Bonumi] 100.00 unch Burhmtnn M 00 unch cai&nd *00 03 C*l»e Delft 303.50 -15 Dell MU moo -13 Ennla 137-30
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      • 149 8 JUNE rnncs Acuonj SnlMM ae -H Mmu— Br lOK 4-10 Almuf R*f SO unch Brown Bovcrl Br. 1400 4-5 Oba Oelo Br IB 5 Oba Oelo P C 966 10 Clba 0«1C7 Ray 961 -A Cradlt Sulaac Br 000 -5 Cradlt Sulaac R*( 3K unch IMMaiu Br M30 -ID
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      • 90 8 JUNE Ur* Ante TSO -It Aaaoc 0«n ■Tfttt 1000 B«va»i Ontr*i« no mm 10 rial ruukMr -U unch 0*n Immob J130 -10 tri Prt <an -ao IUUremcnu own unch IUufu 1130 -40 ItataMar a 31 Macnvu M Pf Jt 000 •1 HanUl Ert niM) Madtob 1MOOO -1000 MlnkiUi MoodaAort
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      • 279 8 JUNK B t&nd INDUSTRIALS A AlptlA A be room 400 •10 -4 unch AK AIM) CI 00 -10 AM1C M2& -a Barlows no -a Cm 8uc*r Cn A ins oos -a Currte Finance pi Been Ind ao ***** -10 unch Edcon SB unch Pad Volk 900 unch at •4
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      • 187 8 JUNK a C» AblUM 25H Mean Alfoma a Bank Mont n* -w Bulk Not* Scotia a* unch Ball Tal -<* Beth Corp BP Can Ltd HIa Braaran Camp Rad Lake Can Imp B* 16«« -1* at* 46H Canpac In* Pf Carting OTCaafa an T* Comlnco O* Com Bath Con*
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  • Page 8 Advertisements
    • 598 8 &~$;}(:*/"=:-&;;=_-~\??%>\^!$'+ "The American Express Card serves you well, wherever good food is served". —L—— Mr 1 1 hor banquets <>r a >nrcntn >ns I-or oilier functions of flawless finesse. Functions for up to 280 guests Internationa! menus to choose from Complete range of audio visual equipment Ample parking space <
      598 words
    • 239 8 that a*3 isexp** The ramoor tree. For The Citation a a private and exclusive far J J L 1 executives. Dcimtn the Cockpit Hotel, its furnishings are the vetf finest; the auimpliere appropriate for business Corac and experience a businessmen s naven rrrrr IE restaurant I presents I Wednesday Fashion
      239 words

  • BANKING AND FINANCE
    • 667 9 Reuter GOLD is likely to fall to about US$4OO a troy ounce now that it has broken decisively through the $450 level, senior dealers and analysts said. The market is unlikely to begin any long-term bullish phase until after $400 or so
      Reuter  -  667 words
    • 208 9 SOFTER business conditions might not be enough to produce significant declines in US interest rates, said the Financial Digest. The Digest, a weekly economic publication of Manufacturers Hanover Trust Company (MHT), America's fourth largest bank, said reduced credit demands from the private
      208 words
    • 257 9 Reuter JAPANESE Finance Minister Michio Watanabe considered massive selling of dollar to support the yen when the Japanese currency fell heavily early this month. Finance Ministry officials said that as the yen plummeted to around 229.00 yen to the dollar on June 9, Mr Watanabe held
      Reuter  -  257 words
    • 251 9 Reuter JAPAN'S Finance Ministry has approved a plan for five Japanese banks to issue five-year compound interest rate bank debentures from November issues. The five banks currently pay coupons on five-year debentures at six-month intervals and are not allowed to compound them. They are the Industrial
      Reuter  -  251 words
    • MONEY AND EXCHANGE$
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.5 per cent.
        22 words
      • 212 9 ASIAN ASIAN currency deposit interbank rates as at close on June 30. US Dollar** Spot) Offer Bid 7 days 18 5 18H 1 month 185/16 18 3/16 2 months 18 1/10 175/16 3 months 17". 17 J 6 months 17 7/16 17 5/16 9 months 16H 16' 2 12 months
        212 words
      • 45 9 RANGE of prices ottered by discount houses on June 29: Overnight: toS'iS Call deposits: 5ft to t"tH CMag Baying Selling 3-month Treasury bills 6'« 6 3-month Bank bills 12'. 12'. 3 months CD II 1 U'6 months CD 11' 11'« Source: National Discount Co
        45 words
      • 404 9 THE LOCAL foreign exchange market was described to be "dead" yesterday because of the halfyearly close by most banks. Most rates remained unchanged for the day. The US dollar was traded at 2.3900/10 against the mark for the whole day. However, this was higher than the previous day's
        404 words
      • 192 9 THE US dollar yesterday held steady against most leading currencies in thin late trading, with the tone of the dollar remaining firm following the unexpected rise in US Federal funds rate, dealers said. Trading was quiet in the absence of fresh factors and ahead of today's local holiday. The
        192 words
      • 323 9 SINGAPORE gold futures yesterday closed sharply lower compared with overnight levels in moderately active trading, dealers said. Opening quotations were marked down by between US$3 to $6 an ounce in line with the metal's continued decline in New York on Monday night and then held steady during the morning
        323 words
      • 156 9 THE dollar for overnight delivery yesterday closed easier at 225.75 yen, compared with a 226.40 opening here and a 226.00/10 close in both New York and on the West Coast on Monday, dealers said. However, this was firmer than the 225.10 close here on Monday. Trading was moderately active,
        156 words
      • 41 9 New York 8 606 9 20B 8 80S 9«S Zurich 865B 9 20B 8 85S 94QS TK» Mm Singapore 8 SOB 9 2SB 8 80S 9 45S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore.
        41 words
      • 248 9 THE dollar yesterday opened fairly steady against most leading currencies and continued to keep a firm tone, dealers said. They said the market is looking for direction in the absence of any fresh factors. The dollar opened at 2.3905 15 marks against Monday's close here at 2.3925 40. It
        248 words
    • 378 9 TO IMPROVE Its services I* easterners, Citibank has Joined the ranks of the other local and foreign banks In going on-line. It will brrtmf the first full-service American bask in Singapore to offer customers fully automated, online teller services. Citibank Installed the teller on-line
      378 words
    • 432 9  -  By LEE YOKE MENG NTUC Income maintained its lead in the local life insurance market last year, accounting for a quarter of the total volume of new life policies issued. The company's latest annual report shows that it sold 14,527 life policies out of 59.244 for
      432 words
    • 694 9 Number Mkatnre Gnu know* Merest of dap Mdteftke Itdiiwtmi Maturity Year Rased Rate (S MBon) Payment of Accrued (eidudhf accrued Merest) r«M <% pa) Dates Merest M) ***** 1975 •*5 40 00 15/2. 15/8 135 "100 00 ••5 00 19
      694 words
    • 1028 9 NEW YORK STOCKS NEW YORK stocks continued to retreat on Monday amid uncertainty about the outlook for interest rates, closing lower for the third straight session. Analysts said the market was briefly encouraged by Friday's money supply report, which included revisions showing slower growth for the key M-1B
      1,028 words
  • Page 9 Advertisements
    • 54 9 This announcement appears as a matter of record only VENEER PRODUCTS LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) Lifting of Suspension on the Trading of $5,713,950 stock and Listing and Quotation of $2,300,000 stock issued on 28th November 1980 ASIAN-AMERICAN MERCHANT BANK LIMITED assisted and advised Veneer Products Limited on
      54 words

  • 2180 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aetna (4MB
    2,180 words
  • 192 10 SINGAPORE UNIT TKI ST (Minin' price* tar Jal 1) The Commerce 4.10 4.31 The Savings Fund 2.34 2 46 S pare Prog Fund 180 1 89 S pore Sec Fund 2.71 2.85 S pore Invest Fund 2.C12.74sd DIAMOND MOT STOKE (M»—gera' prVaa tar Jal 1) Diamond S pare
    192 words
  • 2827 10 1981 High Low Company Last Sale Gr*« Gr'» Net Div Div Y'ld P/E Vol Day or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 490 334 312 420 200 470 960 675 430 320 Acma Alcorn 130 Allied Choc 161 BAT 330 B&ta 110 Ben 360 Berjaya
    2,827 words
  • 1969 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. DOH*TBIALB Akmm (4.405) (2) 444 (1) 4 40 A ChM (3 408
    1,969 words
  • 82 10 JERAM Kuan tan (Malaya) Bhd, one of the smaller rubber companies listed on the Kuala Lumpur Stock Exchange, has again turned in a set o( encouraging results. For the financial year ended Dec 31, 1900, pretax profit leapt by 78 per cent to M 5845,842 from
    82 words
  • 690 10 FINANCE stocks shst lata pumjanarf *1 the stock exchiage seirlig geed galas. Selective baylag sappsrt was aJse evMeat la the seeead ladasMii ssetlsa aad Mares Pals was feverishly ehaeed ap. The market speaed steady with nest prices faded a few astehes higher. The hallleh seattmeat
    690 words
  • 598 10 TRADING was carried out on a more confident level and share prices generally closed slightly steadier at the Kuala Lumpur stock market yesterday. Interest among banking stocks was particularly firm with hefty gains In selected counters, especially in the Hong Leong group. In Industrials, blue
    598 words

  • COMPANY NEWS
    • 554 11  -  By KOH TSE YING A BETTER year lies ahead for Yeo Hiap Seng (Malaysia) Bhd now that the proposed price increases in canned food and soft drinks have been effected. Assuming that current demand and prevailing market conditions remain unchanged, and overall cost increases do
      554 words
    • 146 11 Same Total period May April to date previous 1981 1981 (months) year —(tonnes) Aokam 121 98 1,128 (11) 1,646 Ayer Hitam 123 86 1,245 (11) 1,704 Berjuntai 308 285 308 (1) 297 Gopeng 158 Vi 122 Vi 1,0573/4 (8) 1,2783/4 Idris 7 3 /i 3Vi 33 (5)
      146 words
    • 923 11  -  By CHRIS LIM THE new chairman of Paper Products (M) Bhd, Mr Chan Siew Teong, has sounded a cautious note on the group's prospects this year, although the company is still upgrading and expanding operations. Mr Chan said in the latest annual report that: "The effects
      923 words
    • 66 11 INDUSTRIAL ami Commercial Bank (ICB) yesterday said 99.75 per cent of its recent rights issue of 20 million new shares of $1 each at (1.20 apiece had been taken up. Applications for excess shares received amounted to 1,019,509 shares against 50,453 shares available. ICB said preference was
      66 words
    • LATEST RESULTS
      • 43 11 incurred a group IO6S of $527,123 for the six months to April 1961, compared with the previous interim's pretax earnings of $150,315. But sales turnover was sharply higher by 59.23 per cent to $7.69 million from 14.83 million.
        43 words
      • 35 11 made a pretax profit of MJ3.06 million for the six months to March 1961, compared with $3.3 million for the previous year. Operating profit also dipped to $3.02 million from $3.4 million.
        35 words
    • 120 11 A PROPOSED joint venture between US-based GTE International Inc and Unilite Electrical Industries Bhd has been dissolved and a joint venture with the Philips group proposed, Unilite said yesterday. The company said in January it would sell its Johore Barn glass and lamp manufacturing assets to a
      120 words
    • 103 11 UNITED Motor Works (M) Holdings has been asked to show how it arrived at the consideration of $45 million for its purchase of the entire issued share capital of Fiat Distributors. The Kuala Lumpur Stock Exchange (KLSE) wants to know the basis on which UMW
      103 words
    • 619 11 KEPPEL Shipyard has informed the SES that the par value of the shares in Wartsila Power Singapore is $1 per share and that the total consideration is to be paid in cash. Wartsila Power, a new joint venture between the Keppel group and Wartsila AB of Finland, is
      619 words
    • 645 11 Market Talk... A CHARTIST from broking firm Lyall and Evatt has recommended Fraser A Neave, Singapura Building Society and OCBC on technical grounds. Mr M I C Bain said in the firm's June issue of Investment Digest that F A N at $6.70 and SBS at $3.85 have broken
      645 words
    • Article, Illustration
      630 11 "mm by HOCK LOCK SIEW THE suspension of trading in Malayan Tin Dredging (MTU) shares has not suspended investors' interest in the counter. For while there has been no trading on the stock market, there have been private deals on the black market. Amidst the scattered transactions, the
      by HOCK LOCK SIEW  -  630 words
    • 271 11 Company Date La at Fall Year Period Announced Net EPS Grans Pre-tax last year (cents) Dtv. Profit A Hitam Tin K L Industries I F 4/3 1/5 1239 0.4 <%) 205.0 (It*) 22.028 218 Ci Kesang Tin F 5/5 Public Bank Perak Carbide H Msia Larut Tin K
      271 words
    • 222 11 FOLLOWING the better results achieved in the first six months, Mentakab Rubber Company (Malaysia) Bhd has reported improved earnings for the 12 months to Dec 31, 1900. Pre-tax trading profit rose 25.7 per cent to M 5737,831 on a turnover which was 12 per cent
      222 words
  • Page 11 Advertisements
    • 395 11 NOTICE MUI MALAYAN UNITED INDUSTRIES BERHAD (Incorporated in Malaysia) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at The Banquet Room. Holiday Inn, Jalan Pinang, Kuala Lumpur, on 23rd July, 1981 at 10.00 a.m. for the purpose of
      395 words
    • 126 11 From now on the others will have to try harder! This is what car rentals are all about. We offer as near perfect a service as you'll ever get. Because the only cars we rent out form part of our franchise range. Which means that every car rented from us
      126 words

  • 395 12 Reuter GOLD plunged below US$42O a troy ounce in London yesterday, continuing a slide in which its price has halved since January last year. Gold was fixed by bullion dealers at $420.75 an ounce in London, its lowest since November 1979. It then slid
    Reuter  -  395 words
  • 334 12 AFP EARLY optimism that a new International Tin Agreement would stabilise present weak market conditions evaporated over the past few days. This change was illustrated by the way market sentiment reacted on Monday, with prices sagging about £70 far cash metal to £6,365 a ton,
    AFP  -  334 words
  • 355 12 UPI HONGKONG yesterday granted Britain's cut-rate airline king Freddie Laker permission to operate daily flights from the British colony to Tokyo, Honolulu, San Francisco and Los Angeles. The Hongkong Air Transport Licensing Authority also granted the colony's flagcarrier, Cathay Pacific Airways, the right to fly daily
    UPI  -  355 words
  • 485 12 ANOTHER three reputed foreign insurers and reinsurers have been granted approval in principle to operate in Singapore. According to Trade and Industry Minister Dr Tony Tan, Kemper International Insurance (US) and Allianz Versicherungs AG (West Germany) have been allowed to write
    485 words
  • 905 12 LONDON, Tues. Gold mining shares recovered after a lower opening today as cheap buying developed following the recent losses, dealers said. Industrial leaders drifted back to overnight levels as a morning rally petered out. The Financial Times index was up 9.5 points at 544.4 at 3pm. FS Geduld,
    905 words
  • 614 12 DEAL STRUCK FOR HKs27om THE MALAYAN United Industries (MUI) group is going full steam ahead in "internationalising" its operations with a third major property deal struck yesterday with Hongkongbased multi-national companies. This time, the group is acquiring a 21-storey office building in the colony
    614 words
  • 375 12 AFP SEVERAL political party leaders have strongly criticised Umno youth leader Datuk Suhaimi Kamaruddin for his statement calling for a control over the economic growth of the non-bumiputras The chairman of the Malaysian Chinese Association (MCA) youth wing. Datuk Lee Kim Sai hit out at
    AFP  -  375 words
  • 99 12 PRIME Minister Lee Kuan Yew and President Marcos of the Philippines agreed yesterday to expand trade in Asean. The agreement was reached during a 30-minute meeting at Malacanang Palace between Mr Marcos and Mr Lee, who attended the Philippine President's inauguration yesterday for a six-year term. The two
    99 words
  • 86 12 AP NEW YORK, Tues. The stock market edged lower this morning amid new signs of a US economic slowdown. The Dow Jones average of 30 industrial stocks slipped 1.24 points to 983.35 in the first half hour. Declining issues outnumbered advances by a 3-to-2 margin on the
    AP  -  86 words
  • 167 12 REUTERS, the world news agency, has introduced a monitor service which will enable subscribers to follow the latest stock prices on the Kuala Lumpur Stock Exchange (KLSE). The KLSE has since yesterday allowed Reuters to set up two inputting stations on the trading floor to report
    167 words
  • 432 12 SOUTH Kirfu President Chan Dm Hwu (ttove) arrives Is Stagapnre today sa the third leg s( his Aseaa tow. This trip Is significant to Ktreu-Aieu relattoas as It is the seeead stflrlal visit hy the Presldeat to a foreign cms try store his lastallattonsln August last.
    432 words
  • Page 12 Advertisements
    • 78 12 U5540,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due Bth July, 1985 THE INDUSTRIAL BANK OF JAPAN, LIMITED (Singapore Branch) i :*i In accordance with the provisions of the Certificates, notice is hereby given that for the initial six months interest period from 2ndjuly, 1981 to 4thjanuary, 1982, the
      78 words
    • 3 12 See page I
      3 words
    • 86 12 The acquisition has been completed and the announcement appears as a matter of record only. HONG LEONG INDUSTRIES BERHAD has acquired The entire Issued and Paid Up Capital of 4,000,000 Ordinary Shares of $1 each in MAI KAH CORPORATION SDN. BHD. for a total consideration of $22,950,000 through an issue
      86 words
  • Page 12 Miscellaneous
    • 63 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair except for showers in a few areas. Report tor 84 hoars prior to U pm on Jue St at the airport. Maximum temperature 31.5 Associated humidity ®> Minimum temperature '4.Z Associated humidity Hours of sunshine 8 Rainfall in millimetres
      63 words

  • SHIPPING TIMES
    • 281 13 Business Day EXPORT and sale of vessels and vessel spare parts in the Philippines rose 833.08 per cent to $33,395 million last year from $3,579 million registered in 1979, figures from the Philippines' Maritime Industry Authority show. Bulk of the increase was attributed
      Business Day  -  281 words
    • 632 13  -  By JUNE LIM THE Asian affiliates of the International Transport Workers' Federation's (ITF) have agreed unanimously to phase out the exisiting low Far Eastern rates by 1986 at a special meeting in Tokyo last week. The resolution adopted by
      632 words
    • PORTSIDES
      • 64 13 THE Far Eastern Freight Conference (FEFC) has clarified the announcement on the bunker adjustment factor (BAF) issued yesterday, when it said that the BAF will be 0.47 per cent from July L Instead, the BAF from July 1 to 6 will be 1.11 per cent and the reduction
        64 words
      • 73 13 AFP MITSUBISHI Heavy Industries Ltd has received an order from Shell International Marine Ltd to convert the 130,000 deadweight-ton crude oil tanker Northia into a shuttle tanker for service in the North Sea. Mitsubishi said that the converted tanker will transport crude oil from a storage
        AFP  -  73 words
      • 114 13 Reuter HYUNDAI Corp, a subsidiary of South Korea's Hyundai Group, said it has won a US$395 million contract from Kuwait-based United Arab Shipping Company. The contract is to build nine 35,500-dwt container ships for the shipping company jointly operated by Kuwait, Bahrain, Iraq, Saudi Arabia, Qatar and
        Reuter  -  114 words
      • 108 13 Reuter INDIA'S state-owned Mughal Line Shipping Company will buy 20 ships, at least seven from overseas yards, during the current sixth plan (1980-85), chairman of the company J G Jaggi told reporters. He said the line has received quotations from shipbuilders in South Korea, Spain
        Reuter  -  108 words
    • 750 13 Shipvtag Uk P»ge CM Achlpeleco vn AIM VI 1 Afro-Eurasia VI 2 A1J trans vm Alpar VI 9 Angkutan VI Anfonave vrn 4 ANL I 1 AotoU vm I APL m Arfentlae IV A9CL m 1 Ada Merchant VI 4 Australian Coot VI 5 BaJt-Orteat vn Baltic
      750 words
    • 333 14 EMERGING maritime nations are taking more and more advantage of technical help in the fields of safety, training and forming maritime administrations. This is the conclusion of the yearly review of the Inter-government Maritime Consultative Organisation's (Imco) committee on technical co-operation. The meeting of the
      333 words
    • 1051 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Name No. Time of Arrival Date Time K. Repin 14CE 30.6 81 1000 Petr Starostln 5CW 30.6.81 Ercole Lauro 06/229 1.7.81 0600 Medlterranea 38/329 1.7.81 1600 Tokio Express 45/449 1.7.81 0900 Nlhon ,204 1.81
      1,051 words
    • 1440 14 BROKERS reported very quiet chartering on Monday throughout most sectors of the freight market with rates edging lower where changed. Scattered North American grain bookings included a cargo from the US Gulf to Constanza at US$27, down 50 cents, and a cargo from the Gulf to Dammam at
      1,440 words
    • 463 15 K\PECTED ARRIVALS TODAY KEPPEL WHARVES Archana (after Blue Matsuyama) 31 32 Am Carrier (Tanker) (0600 hauls 81m West after Kota Indah sails) 13 Builder m shifts agents' request) 22 Bangsaen (after A.M. Carrier hauls subject gas free P/ O) 14 East Rainbow (1830 shifts) 25 26 Hosho Maru
      463 words
    • 235 15 Fairplay A PLAN for a new product tanker pool bringing together a sizeable number of Greek owners is now being put together in Athens. Co-ordinator of the project is the multi-activi-ty company Tuovi, and managing director Nicholas David anticipates that from an initial 8-10
      Fairplay  -  235 words
    • 1353 15 Financial Times IN the steaming heat of Brunei Bay, just north of the equator, six supertankers are lying idle while their owners decide whether to scrap them or hang on in the hope of better times irf the oil market. The aging oil product carrier, British
      Financial Times  -  1,353 words
    • 427 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      427 words
  • Page 13 Advertisements
    • 366 13 Everett Lines FO* THI MOST f«EQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANIILO AC APULCO Everett Steamship Corpn. 8/A Clifford Centre Singapore 1 Tel ***** 9 36 Beach Street Penang Rm 36 103 OCBC BWg lei ?1«41 3 Port Heiang Agents SQCSHfP CO
      366 words
    • 339 13 Mole it UASC INITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES ■HETTICIKSIffiI M SHUHAJD V.35 6/7 I Mina Qaboos FULLY CONTAINERISED SERVICE essel I WATTY AH V.14 IAR'ZAM ¥.16 UJOMYAH ¥.15 U. WATTY AH V.15 carto acceptable infrarait Sport Loading tor Dubai (8/7). Kuwait (9/7), Dammam I (13/7). Abu Dhabi
      339 words
    • 609 13 vsviwxs T*siNtAßiw: Business FOR PEOPLE WHO MATTER Times Pefwacats Puofccafion EXPORT FULL CONTAINER SERVICES 1 TO: U-S. PACIFIC. GULF. ATLANTIC. EAST CANADA. ASIAN PORTS ort Kelanf Ptntnc SaM 54/7 12-13/7 15-19/7 26-27/7 2-3/1 9-10/1 15-16/1 23-24/1 'SHGAPORE O.OSR4C TMES CY stti My 2300 HRS CFS stti tu*T 1100 HRS Singapore
      609 words

  • Page 14 Advertisements
    • 782 14 Miscmi MALAYSIAN INTERNATIONAL SHIPPINQ CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Cmtawr Semite Fewkt *P Wat* B PINAG* 3/7 B DAHLIA 10/7 B PtNAGA 17/7 B DAHIIA 24/7 B PtNAGA 31/7 B DAHLIA
      782 words
    • 205 14 SUPERCARRIER SERVICE FROM: US QULF US ATLANTIC EAST CANADA 1/1 1/1 *22/1 '21 ft •a/i a/i n/i 1/1 •a/i *21/1 HI MMftl "BARBER NUT Mr 1 "MMCR THERMOPYLAE" Mr V "BARBER TAIF" Mr 17. "BARBER TOBA" I TO: PANAMA US ATLANTIC EAST CANADA US GULF I MENELAUB" Mr a. M
      205 words

  • Page 15 Advertisements
    • 772 15 QCL Overseas Containers Limited STRAITS SHPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok pw [CONTAINERSHIP SERVICE FROM UK/CONTINENT Saw M Ou<j Bra* trimi it t 3/7 5/7 VI IR/7 13/7 IV7 a/7 22/7 W 11/7 «/7 1/7 12/7 14/7 14/7 11/7 21/7 IS/7 *1/7 V 7 a/7 a/i U/7
      772 words
    • 273 15 rfa Franco Belgian Services h h't, i jrj t,i r f'.i sr» I.xrts nn contmpshp g»v»a atom mm* KOKMMOM CWW COHTMO mm P KELftNS It Mm Ito ITtari IMlrm Iwp «Mr S ft* 23 Mo 24ft*2lft%29ft*31ft% «OKM CHANCE lft* liM|> 27 Mr nMr l ft* 2ft* 4«* shdisusmds 1* Mr
      273 words

  • Page 16 Advertisements
    • 624 16 Hapag-Lloyd TO NORTM EUROPt Hmk| Eiprns TNuo E iprtu Howh li) Atanuan Eipms T*J»lay m Also jcccptmi trjoslKpmwl citjc tor CARIBBEAN IKST MOKS »n H*nbw| Sport P ftttin| 2/7 7/7 1/7 7/7 4/7 U/7 16/7 I 70/7 S port PK 17/7 IV 7 Mr* WT M I' »> in KWi
      624 words
    • 274 16 LIME KOREA ZZ G *****29 IB cn a n Algerian National I »np STORE PJUAA6 LOMNNG FOR +KUU (1979) 15/29 M 21/23 M l«b/Pt St M/Vdnda/ Npr KSM CWLLALA 15/ It A* 17/11 A« T«b/n. St l(*/Vatowia/ Htm EAST KMC lonamEAn we Mf<n sower KSM CWLLALA 4/5 M lj— Nrts
      274 words
    • 563 16 EVERGREEN LINE r FAR EAST EUROPE EXPRESS FULL CONTAINFR SFRVICF 1 ALSO ACCEPTING CARGO FOR: UNITED KMGDOM SOUTHAMPTON, LONDON. MANCHESTER. BIRMMGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS ETC. WEST GERMANY BRtWMWfTOSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM I>n MM Mn FAilm MMb UIIh V 7 a/7 11/7 vi VI VI f«*Urrf 11/7
      563 words
    • 720 16 live re tl Lines! f Burins Fhrt Star Stupptnf Corpn. "BURMESE NATIONAL LINE" LOAOMG FO* RANGOON M n Motoyvo BOUSTEAD St-*WG 5S C Agtnts n Motorvo BOUSTtAI m NOS KL *****2/*****9 ArfMtiM D« Nb»W llfomj—Ui S. A. C.I.F. AL LINE" ry "ARGENTINE NATIONAL LIN LOAOMG FOR DURBAN MONTEVDCO MOOS MB
      720 words
    • 301 16 TIIO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD O SANKYO LINE JAPAN/STRAUS SERVICE PITS OCUK 9TK I UIIUHUU HI in MBMOB TU *****44/7 I 22*1171 t. um m mm mnt MUTM t BUM EMT UK aWME ID. »-»712/J/7251 KMMS HUIB TUB ft —WW IB (7MJ ft (J725 W\| KARACHI SERVICE murm rmjm
      301 words

  • Page 17 Advertisements
    • 843 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIOAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL VOY. *KOTA SAHABAT 9W/10E 22-23/7 KOTA SAHABAT 11W/12E 25-26/8 KOTA SAHABAT 13W/14E 28-29/9 S PORE COLOMBO HODEIDAH i JEDDAH I AQABA COLOMBO S PORE 27-28/7 4-5/8 7-7/8 9-10/8 20-21/8 1 25-26/8 31- 1/9 7-8/9 10-10/9 12-12/9
      843 words
    • 846 17 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE MB TM» Eiprni Bl! Hmm Eipriu Pnj Htm B ka«M II 4a<* FaMyAcl 7/7 Tito Eiprm VI 1/1 QvvAct 15/7 AMmm Eiprru 11/ l 12/1 Bamjfa 77/7 r«r* la, 17/1 19/1 U/l maWK: H BURG B HAVEN R DAM HAVRE SOTON W Onnan»
      846 words
    • 545 17 n I i v i t V y 1 V I 8 i\ j f y > i V i t rJ I /J Scan Dutch 9 EKLY EXPRESS CONTAINER SERVICE 1 DMftW SU i nmu in i oNtw it/; 1 KMC* 17/7 I DAMtt »/7 I KMC* 31/; imm
      545 words
    • 583 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUffON t S AFRICA A. VESSEL Also accepting FCL containers. Spore: July flooding direct for Reunion, Durban and Capetown only) Lukes Linos U.S. WEST COAST SERVICE DHcttrwn SFO Ibch STORf LESLE LYRES Sid Sid 17/7 19/7 ASHLEY LYKES 11/7 14/7 25/1 27/1 LESLE IYKES
      583 words

  • Page 18 Advertisements
    • 807 18 K LINE KAWASAKI KISEN KAISHA. LTD r» v I tXMKSS COHTAINM SERVICES TO NORTH AMERICA no feeder ksseis* m sr motto rssels re u F«M»Ate* 1/7 9/7 PkjAc htnm 23/7 2/1 I St* *5 14/7 li/7 22/7 27/7 25/7 VI U/l 1/1 18/8 i/l 11/1 21/t ftard Bit V-8 25/7
      807 words
    • 595 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Loa*t to'l OS ANCOIS. SM FRANCISCO. JUTTU. TACORM VANCOUVER. IC Acca»M| FU/fa Mmn AUSTRALIA EXPRESS CONTAINER SERVICE PMtoil S poft AM Sri taKtwh "•ARBOAS" IS My !iW| 21 My 3 Au( 74« frm tAWAS~ 4*ut 5A* 17 /Uc 23 h* fc* Frtai -iABBAT
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    • 586 18 o (iroiip SINGAPORE SHIPPING AGENCIES PTE. LTD ?OTM FLOOR Otf AN BUILDING SINGAPORF 0104 MARKFTING *****? (3 LINfSI Gf N£ HAL 91 3111 <14 UNI St TERMINAL OFFICI *****53 TfLtX RS ?4b9b RS ?b*>6B A BCARSMIP CABLE CARGOSMIP m ma Container Linos WEEKLY CONTAINER SERVICE to/from BANGKOK VOY IB IJ*
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    • 637 18 KORINS MARITIME SERVICES Room 601. ICB Building Sbenton Way. Singapore Tel *****22 *****67 P Kolang Tel *****4 *****5 MIPOLf EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADING FOR: A VESSEL 8 Jul Bahrain BUNGA VANDA 20 Jul Jeddah/P.Sudan A VESSEL 20 Jul Iran Ports [Tj IHyundae Shipping Co. lid. Yluma Kobe
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    • 668 18 I If 1 ■»n i in f INTRASiA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****1 V *****57 L I I(W^ BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Sigapore Loading for: DART ATLANTIC* WBIOB Sated Jed4ah/M'seies/Hantov( out ucncuu mm i3u FULL CONTAINER EAST BOUND SERVICE
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  • Page 19 Advertisements
    • 584 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A rngmtjer ot the ACE Conso<iiu TO EUROPE/UK (VIA SUEZ) K. JACCJM 10# C. CONTAINER 12W H. GARNET 6W C. PAU. 27W K. CHANCE 4W TDK BADGE 7W Also accepting cargo to/from Scandinavia K Jacepn STpore Closing Times: FCL Cargo 0100 3/7 LCI Cargo 1300
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    • 420 19 MALDIVE LINES MALOWE MTORTDt 15/7 Loading For Mate only MALDIVE SEAFARER 10/7 Loading tor Dubai/Babrain/Ku wait MALDIVE PLEDGE Loading tor Hodeidah MALDIVE NATION 3/7 Loading For Jeddah MALDIVE TOfAZ In Port Loading For Karachi MALDIVE PRIZE Sailed Loading For Kuwait MALDIVE PIONEER 6/7 Loading For Jeddah HA HA KUANTAN PORT
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    • 429 19 NOTICE aalborg boilers Aalborg Boilers (Singapore) Pte.Ltd. CHANGE OF ADDRESS WE WH BE *****77 *****78 *****79 *****70 m sinsov SINGAPORE SOVET SWPPWG CO PRIVATE LTD SMSOV BULDMG 55. Market Street Sqiport 0104 Telephone Numbers *****3 (10 Lam) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P
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    • 59 19 rv CAn/ii\/ii i iki wm vll v■ i AUTHORITY SHIPPING AND TRADING Pit L!l> NAGATUAH AGFNSI SON BHP THE BOKNfO TO iSABA> TBTT SIM SWEE JOO EXPRESS TO BINTULU SWQ IONE MTV <M 1M) I sua lONS MTU (Ml 1»M) «•> Acc*** teaty 9l§ taa Agents: JAMBATAN MERAH SEW. B
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  • Page 20 Advertisements
    • 673 20 ANTOLL LINES Independent FCL Contamers/Hea*y lifts Liner Service D»»ct B Is to AOfIMX MIB (GIOHGI SYOftt BRISBA* SINGAPORE I N SUPPING PTE ITD 1401 5. RoMij Houif Shentor Way Smjapcxt 0106 Tli lIS ?1017 Tel *****11 *****43 2210f?3 mSI MALAYSIA HSH (M) Sdn BM Kl Tel *****3 *****7 Pt Kel
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    • 504 20 MAGINCO SHIPPING LINES PTE LTD SUITE 3003 INTERNATIONAL PLAZA ANSON ROAD, SINGAPORE 0007 TEL: *****02,*****02,*****05 REGULAR SERVICE TO MDOLE EAST/RED SEA W. MALAYSIA TERUNA MARINE (FAR EAST) SDN BHD K.L.: *****3, P. KLANG: *****0, PENANG: *****0 OCEAN LINES REGULAR NON CONFERENCE SERVICES mediterranean sea service (Also accepting cwfo tor R**iß(wflK
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    • 558 20 UNDERPRISE PTE LTD Suit* 1205 Golden Mile Tower ■!T> m if Ir, PEACE LINE Regulor container FCL/LCL services to Australia Sydney, Melbourne, Adelaide, Brisbane < Europe All ports including UK Andersoe V.23(T/S) Soiled Touronga Eogle Arrow V24(T/S) 9/7 Jmaru, Auckland Also colling Hong Kong, Toiwon Japon ATLAS LINES IR MOOBCTT
      558 words
    • 206 20 an fw WOOD LINE Bulk Timber and Plywood Service UK/CONTINENT SERVICE Spra PMh| T|Hm T Apr Lm*| hr ftW hM 11/7 1/7 MMICS/KM IK/BflJ M.005 12/7 15/7 MNTB/VM/ l/l f/1 3/1 NANTES/UN/ IK SOUTH AFRICA SERVICE 7/7 5/7 »/7 VI iMiM/Dwtan/CjpttMii General Agents > Wood Line (S) Pte. Ltd. Tel:
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    • 383 20 Transocean Liners (Pte) Ltd. 1005 1008 10th Floor, R obi no House, Shenton Way S«9opore 0106 W»oo« *****33 Tetei R*****9. Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA S pore P.Kelong Loading for MV "ARIZONA SUN" 30/7 8/8 Durban, Cape Town Agents: H.SJI. (M) Sdn Bhd. Port Ketone *****6. M
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  • Page 20 Miscellaneous
    • 154 20 ?A Regional Weather m n sv *4 '<4 9 7Z t/ ft M 9 35 >i s 5 ss i &> SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R, Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Wave height Cloudy Sky C
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