The Business Times, 14 April 1978

Microfilm: NL9628
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 FRIDAY, APRIL 14, 1978 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Firm growth path
      68 1 BERLIN, Thurs. US Commerce Secretary Juanita Kreps reassured Europeans today that the United States is on "a firm growth path" despite complaints about US trade and the declining dollar abroad. Mrs. Kreps said the Carter Administration was attempting to work out an unprecedented campaign to boost US
      68 words
    • Article
      Lock icon Bolivia's condition
      60 1 AP LONDON, Thurs. Bolivia told the International Tin Council (ITC) yesterday that it Is prepared to refrain from demanding higher tin support prices until its next meeting in June. But informants said the Bolivian Mining Minister, Oeneral Ernesto Comacho set the proviso that the United States take no
      AP  -  60 words
    • Article
      Lock icon Asean committee
      24 1 AFP PARIS, Thurs. Asean has set up a committee here to promote and expand cooperation with France, a communique said today. AFP.
      AFP  -  24 words
    • Article
      Lock icon Natwest eyes US
      67 1 AFP LONDON, Thurs. National Westminster, one of Britian's big four banks, is negotiating to acquire a majority share in a New York bank, City of London rumours indicated today. An official said: "Natwest is keeping under review the possibility of making an Investment In the American banking
      AFP  -  67 words
    • Article
      Lock icon Bundesbank warns
      69 1 Reuter FRANKFURT, Thurs. West Germany can expect slow economic growth in the medium term partly because of its falling population, the Bundesbank said today. In its annual report, the Bundesbank said the country's gross national product grew by an ave°l nly 2 P 6l cent a year between
      Reuter  -  69 words
    • Article
      Bitter-sweet
      33 1 CANBERRA, Thurs. Overseas Tr&de Minister Douglas Anthony said in Parliament today that the world price of sugar could drop to US6 cents for half a kilo if production controls were not imposed.
      33 words
    • Article
      Lock icon Thai tube?
      54 1 Reuter BANGKOK. Thurs. The Thai government is studying a proposal to build a US$4OO million (***** million) underground railway network to ease traffic congestion here. The proposal for the 48-km subway, as part of a mass transit system, has been made by former Under-secretary of State for Communications,
      Reuter  -  54 words
    • Article
      Lock icon Cash for World Bank
      64 1 AFP UPI TOKYO, Thurs. The Bank of Japan signed an agreement with the World Bank today to extend a yen loan totalling 3,000 million yen (5531.4 million). In GENEVA, it pledged an extra US$l million ($2.3 million) to the International Labour Organisation (ILO) to help offset
      AFP; UPI  -  64 words
    • Article
      Lock icon Dow Jones
      63 1 UPI NEW YORK, Thurs. Stocks headed higher early today as institutions, apparently encouraged by better than-expected earnings reports, continued a buying spree begun about a month ago. Trading was active. he Dow Jones industrial average was ahead 1.30 points to 767.59 shortly before 11 a m Advances led
      UPI  -  63 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      123 1 Rises Most active N ST STP 1975 Strait* Trading Guinneaa YHS PacificDev Simp Darby Wearnea Kings YHS Msia 410 605 670 540 275 285 422 271 206 197 +24 +20 10 10 10 +7 +6 +6 +6 +6 API 214,000 Bovig 198,000 Sin Chew 174.000 G Lumber
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    • Article, Illustration
      In Kuala Lumpur
      152 1 Rises Most active Castlefleld 9.70 .25 G. Lumber 352.000 Pac. Dev 3.00 .10 Msla Text. 330,000 C AndC 3.24 .10 A P I 298.000 N.S.T. 4.00 .10 S H. Chan 21R non S. Trading Tasek EssoOrd 6.95 2.69 2 99 +.10 .09 .08 Total Turnover: 3.89 m
      152 words
  • Article
    Asean Insurance Council born
    515 1  -  REINSURANCE CORP PRIORITY By SOH TIANG KENG THE insurance industry in the five Asean nations has made a major breakthrough by agreeing to form an AseJh Insurance Council. The council, representing the voice of Asean insurance industry will cement closer ties among insurers of all levels.
    515 words
  • Article
    Good cause for a clause
    351 1 THE LACK of notice given by cement manufacturers for the recent price hike has been a major grievance with contractors in Singapore. This was pointed out yesterday by the president of the Singapore Contractors' Association, Mr. Lim Kong Eng. who met Trade Department officials on
    351 words
  • Article
    GOLD PANEL DISCUSSES EXCHANGE FRAMEWORK
    1045 1  -  "If COLIN CHEE A COMMITTEE of eight founding members of Singapore's gold futures exchange will meet today In 5 what will be the start of a series of meetings to lay 1 down the final framework of the exchange when it is set up later
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  • Article
    Industrial Act main focus of Chinese dialogue with Fida
    281 1 MALAYSIAN Chinese business leaders will raise a number of hot issues in their first dialogue with the Federal Industrial Development Authority (Fida) on Tuesday. Sources said the Industrial Coordination Act will be one of the issues to be highlighted by the
    281 words
  • Article, Illustration
    Keep up your American identity, firms urged
    489 1  -  By RONNIE LIM US BUSINESSES in Singapore should maintain a strong and positive American identity so that it will be known widely that the US is here and glad to be a part of the growing economy, said the US Ambassador, Mr. John
    489 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      9 1 COPIES ANYTHING. FITS ON A TABLE-TOP P MINOLTA EP-1
      9 words
    • Advertisement
      Page 1 Advertisements Column 2
      148 1 When all banks are pretty much the same, ACBC service makes the difference. Everyone knows that all banks offer pretty much the same facilities to their customers. But what makes one bank better than the other is its service. Whether you are opening a letter of credit or you need
      148 words
    • Advertisement
      Page 1 Advertisements Column 3
      83 1 SHIPPING TIMES DACCA throws open jointventure door PEOPLE in business ®*P*nd FEEDER service to Bangkok NEW GBN run to Legos NOVEL palm Oil separation method MEMOPAD 2. CROSSWORDS 2, BRISTOW 7. STRAWS I FORUM with John Drysdale 7 2 GENTING Highlands' earn. 2 tags pared 11 2 SIM Ltm Investments
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    • Advertisement
      Page 1 Advertisements Column 4
      166 1 Mi SINTAT Rent-a-Car .Vufil o \r, ot P: St t'v a ov Singopore *****55. *****5 (A.rport) Kuala Lumpur *****4 Penong ***** Kuonton ***** LATEST ISSUE The latest issue of the ASEAN Business Quarterly follows two major themes: The modernisation of rural areas and world markets for toys and games. The
      166 words
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  • TRADE AND INDUSTRY
    • Article
      Pata efforts to cope with tourists
      380 2 PACIFIC Area Travel Association (Pata) members are to coordinate their efforts in the next 12 months to secure the financial and planning support necessary to Increase their capacity to handle visitors. Observations made by some members at the recent Pata conference in India showed
      380 words
    • Article
      Foundation launch
      105 2 THE Bumlputra Investment Foundation will be launched by Malaysian Prime Minister, Datuk Hussein Onn In Kuala Lumpur today. The foundation will make use of a MS2OO million fund allocated to it under the Third Malaysian Plan to buy shares reserved for bumlputras in approved private sector companies. The
      105 words
    • Article
      Operation joint venture is aim of Dacca
      759 2  -  By RONNIE LIM BANGLADESH would like to see Singapore participate in Joint venture projects In that country. The visiting Bangladesh Minister of Planning, Dr. M M. Huda, said his country is keen to welcome Singapore investors in export-oriented industries. Dr. Huda, leader of
      759 words
    • Article
      Lock icon ADDING ZIP TO ITS MONTHLY OUTPUT
      203 2 AFP YKK, the world's largest zip fastener manufacturer, opened a new US$l5.2 million (Ss3s million) plant in Hongkong yesterday. The six-storey factory will boost production by 25 per cent over the old plant which was closed down last month, said H. Hyuga, the firm's
      AFP  -  203 words
    • Article
      Lock icon Hauling coal to Newcastle success
      141 2 Reuter MALAYSIAN sawn timber is enjoying a mini-boom in Thailand, much to the surprise of many exporters. The latest issue of Maskayu, an official publication of the Malaysian Timber Industries Board, said Thailand is now the third largest importer of ungraded sawn timber from Peninsular
      Reuter  -  141 words
    • Article
      Skal Club meet
      49 2 SKAL CLUB of Singapore will host the 39th World Congress of Association Internationale des Skal Clubs to be held here. A total of 1.500 delegates from 50 countries are expected to take part in this six-day congress, which will begin on Nov 12 at the Shangri-La.
      49 words
    • Article
      Berlei plans to expand operation here
      514 2  -  PETER CHIA A LEADING Thai trading company, Berlei Jutker, is planning to expand its operations here one year after It bought over a local soap factory. In March last year, Berlei bought over ailing Adler Cosmetics in Jurong to set up a manufacturing arm
      514 words
    • Article
      Hongkong-Norway textile talks
      137 2 THE long-awaited textile talks between Hongkong and Norway have been scheduled to start on May 2 in Oslo, Hongkong's deputy director of trade Paul Wong confirmed yesterday. The consultations are expected to resolve the disturbed trade in textiles and garments following the imposition of unilateral lm- port
      137 words
    • Article
      Swedish bank hopes to invest more in Malaysia
      272 2 SVENSKA Handelsbanken, one of Sweden's largest commercial banks is interested In financing downstream activities In Malaysia, particularly In the chemical and fertiliser Industry. This was stated by Jan Ekman, the bank's president, who stressed, however, that discussions are still preliminary. Mr. Ekman.
      272 words
    • Article
      Insight into this moneyed world
      167 2 BANKERS and corporate managers wishing to upgrade their knowledge of the international money marßet may well get their chance next Thursday, when a two-day seminar on the subject starts at Shangri-La. Organised by the Institute of Banking and Finance (IBF), the seminar will look into
      167 words
    • Article
      MEMO PAD
      207 2 DATE TITLE LOCATION ORGANISER COURSES AND TALKS April 3-20 Industrial Relations Hilton Personnel Organisation Development April 17,18 Financial Management Hilton Consulasla April 21 New concepts in desk-top calculators Hyatt IREE April 24May 13 Middle management course SITC SITC April 24 Effective Report Writing Hilton Consulasla April 24May 11
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    • Article, Illustration
      PEOPLE IN BUSINESS
      160 2 Mr. Kerry St. Johnaton has recently been appointed to the board of Straits Steamship as a non-executive director, succeeding Mr. Le-nox-Conyngham who relinquished his directorship on Feb. 24. Mr. St. Johnston, 46, Is presently the president and chief executive officer of Pica (Private Investment Company for Asia)
      160 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      295 2 EAST COAST HI Nut to Katong Saavww Paltce/Upper East Coast Road. ♦Located on elevated land in Katong Luxurious split-level houses facing the sea With individual front and rear gardens EAST COAST HILL atands on a 20-acre site off Upper East Coast Road which la about 195 feet above sea-level... affording
      295 words
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      Page 2 Advertisements Column 2
      7 2 Mi W **M I JMN* k m
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      622 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Representative MP In a northern town (6) 7 Trifle giving pleasure to a playwright (8) 8 Like Al. who takes me out (4) 10 I. Edward, am hurt by dad .(6) 11 Part of leap-year (6) 14 Like the price of certain curtains (3)
      622 words
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  • OVERSEAS
    • Article
      Lock icon Bonn has done enough to revive economy
      558 3 Reuter WEST Germany has clearly taken sufficient measures to stimulate growth this year, claimed Commerzbank AO in its regular economic report in Frankfurt. The planned spending programme and tax cuts for this year will give a deficit for federal, regional and local authorities
      Reuter  -  558 words
    • Article
      New energy source from ocean waves
      353 3 THE 19-member International Energy Agency (lEA) yesterday agreed to launch two new projects to" develop technology to convert ocean waves Into electricity and to get clean fuel from trees and residues In the forests. The agreement came In Tokyo, on the last day of
      353 words
    • WORLD IN BRIEF
      • Article
        Lock icon UK LOOKS TO SUMMIT
        310 3 Agencies CHIEF Secretary of the UK Treasury. Joel Barnett, said he hopes the July world economic summit will make it possible to do more to expand Britain's economy. Mr. Barnett repeated Chancellor Denis Healey's statement that the budget was Britain's contribution to an expansion of the
        Agencies  -  310 words
    • Article
      Lock icon Exercise pay restraint, Healey says it again
      483 3 Reuter BRITAIN'S Chancellor of the Exchequer, Denis Healey, said if inflation is to be held down, pay awards made in the next round of bargaining beginning Aug 1 must be cut to about half the present level. Mr. Healey was discussing his budget
      Reuter  -  483 words
    • Article
      Lock icon Broker sees rise in UK rates
      355 3 Reuter A RISE in UK short and lone-term interest rates is the likely outcome of Tuesday's Treasury forecast of a public sector borrowing requirement (PSBR) of £8.5 billion (5536.9 billion) for 1978/79. Stockbrokers Phillips and Drew, in a detailed analysis of Chancellor Denis Healey's
      Reuter  -  355 words
    • Article
      Lock icon Offshore re-bidding urged
      975 3 NYT THE US Federal Trade Commission staff recommended on Wednesday that the Secretary of the Interior apply a stricter standard to recent bids for offshore oil leases in the Atlantic made by several major oil companies, and said it may be appropriate to reject some of the
      NYT  -  975 words
    • Article
      Lock icon Neutral effect of budget on Canadian dollar
      327 3 Reuter UPI CANADIAN Finance Minister Jean Chretien said his federal budget will have a "neutral" effect on the exchange rate of the Canadian dollar. The problems of the Canadian dollar are the same after the budget as they were before the budget he
      Reuter; UPI  -  327 words
    • Article
      Lock icon House shoots down farm bill
      937 3 UPI NYT THE House of Representatives handed President Carter a major legislative victory on Wednesday by killing a multl-blllion dollar emergency farm bill despite heavy lobbying pressure from a militant farm strike movement. With the House gallery Jammed by farmers backing the bill, a coalition
      UPI; NYT  -  937 words
    • Article
      Lock icon Blumenthal sounds warning
      371 3 Reuter US Treasury Secretary Michael Blumf nthal said on Wednesday It was In the Interests of Americans to support President Carter's anti-Inflation plan. If business and labour did not back it, it would fail, he said. "And when the programme falls, the impact of increasing Inflation on
      Reuter  -  371 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      56 3 Business Girl For competent staff on a short and long term beala. Quaranteed service. Office Division Secretaries Typists Accounts clerks Book-keepers Receptionists Drivers Selee Division Product Demonstrators Leaflet Distributors Exhibition Conference Hostesses Hoepftallty Services OMafon Waiters Waitresses e Drivers Chambermaids Tounst Guides Door boys Call us. we'll make life sweet
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      Page 3 Advertisements Column 2
      135 3 THE CANON NPSOOO Canon's latest introduction to this region, the NP 5000. A high speed plain paper copier, setting new high standards in copy capability Six Features Found in the NP 5000 High copy speed-22 copies per minute Various sizes up to A3 (420 mm x 297 mm) Push-button double
      135 words
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      450 4 THE SINGAPORE rubber market yesterday closed quiet with May One RSS buyers quoted at 201.25 cents per kilo, unchanged from Wednesday night's close. Prices fell back to around overnight levels during moderate morning trading on profit-taking and upcountry selling after opening one cent higher. The market
      450 words
    • Article
      RAS PRICES
      302 4 Prices in centt per kilo yesterday Noon (per kilo) Close (perkUo) Int. 1 R.S.S. prompt f.o.b. Int. 1 R.S.S. May Int. 1 R.S.S. June Int. 2 R.S.S. UK/Cont. Int 3 R.S.S. UK/Cont. Int. 4 R.S.S. UK/Cont. Int. 5 R S.S. UK/Cont. Buyers 200.30 201.25 201.75 196.50 195.50 193.50
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    • Article
      SSR AND SMR
      94 4 NOON SSR and SMR prices yesterday: RAS May (Current Mth) Buyer* Seller* <«eato per kg) Juae (Forward MU) Buyer. Seller! (cent* per kg) SSR 20 SSR SO (1-ton pallet) (1-ton pallet) 193.50 191.SO 195.50N 193.50N 194.50 192.50 190 SON 194.SON MRELB SMR5CV SMRS SMRS SMR 10 SMR
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    • Article
      Palm Oil
      82 4 C.I.F North European porta. In US dollars per ton unless otherwise stated LONDON: Wednesday Previous Malaysia 5% (fa bulk per tonne June 580 qui 576 sir Sumatra 5% ffa bulk April 830 sir 825 sir May 010 sir 820 sir June 595 sir 595 sir July 575 sir
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    • Article
      Closing prices
      29 4 Rubber: April 13 Singapore: May 201.25 cents (unchanged) Malaysia: May 205 .SO cents (down 0.25 cent) Tin: $1,530 (up *5) Official offering: 210 tonnes (down 66 tonne*)
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    • Article
      Wheat
      123 4 WHEAT futures fell on liquidation to finish at or just above -the day's lows and down B'/4 to six US cents a bushel. In Chicago on Wednesday. Reports that farmers sold good amounts of wheat overnight in hard wheat growing areas and lack of fresh news on Chinese wheat
      123 words
    • Article
      Produce exchange
      409 4 STEADY conditions prevailed in quiet trading on the Singapore produce market yesterday. Traders received Inquiries from neighbouring countries for copra and coconut oil but no sales resulted. Only small quantities of refined deodorised coconut oil were sold to local canning plants like Lam Soon. in the coffee sector,
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    • Article
      Coffee
      336 4 TERMINAL coffee In London yesterday opened £9 higher to l's per tonne lower in a turnover of 92 lots. Dealers said the market initially attracted local selline and profit-taking following New York's decline but this met good buying resistance and values fell less than early forecasts had indicated. Arabicas
      336 words
    • Article
      Cocoa
      258 4 TERMINAL cocoa in London moved irregularly higher early yesterday morning, having earlier traded against New York l'ls down in near July. Prices finished the first call £21.50 to £6.50 up but then eased back in thin and uncertain open trading. There was possibly some left-over selling initially against light
      258 words
    • Article
      Straits tin
      217 4 THE 8T RAITS tin price in Penang yesterday rose M*s per picul to 11.530, <30 above the International Tin Agreement celling. The steadiness was attributed to light buying from overseas and reduced supplies of' tin concentrates yesterday, dealers said. Turnover fell to 210 tonnes from Wednesday's 276. In
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    • Article
      Hongkong comex
      229 4 THE sugar market eased around 0.10 US cents In dull and featureless trading yesterday, with five lots traded against four on Wednesday. The Hongkong dally spot sugar price was steady at 7.70 US cents. Traders were reluctant to enter the market due to wide spreads between bids and
      229 words
    • Article
      SPOT PRICES
      197 4 YARN and cotton in Hongkong dollars, spot ex-god own Cotton Yarn: China Blue Phoenix 20s 1.780. 32s 2.080. 40s 2.190 (per bale of 400 lbs) Piece Goods: China butterfly and Olobe Brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying Oeese unq (per piece
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    • Article
      Sugar
      242 4 THE LONDON dally raw sugar price was unchanged yesterday at €101. Whites were also unchanged at £104.50. Values ended the morning £0.15 to £0.65 down. Turnover totalled 1,169 lots Including six options. The market eased back from steadier kerb levels under local selling and long liquidation, dealers said. The
      242 words
    • Article
      Rice
      109 4 THE BANGKOK rice market was closed yesterday. In HONOKONO, the market was quiet with prices up to 50 cents lower, dealers said. Turnover totalled 349 tonnes comprising Thais 104, Kwangtungs 147 and Australias 98. Arrivals comprised 526 tonnes of Australias and 720 of Thais. (Price* in HK dollar* per
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    • Article
      Soybean
      143 4 SOYBEAN futures extended a rally from early losses to finish Just off the day's highs with good gains, in Chicago on Wednesday. Old crop months added 13 to 14 US cents a bushel with new crop Months up eight to 2% cents: May closed at U557.22 and July at
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    • Article
      Copper
      246 4 COPPER wlrebars finished the morning in London yesterday with losses of £5 per tonne. Values declined on the pre-market under general liquidation prompted by the late sell-off at New York and lack of fresh Incentives, dealers said. However, some covering against Continental and Far Eastern physical demand pared losses
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    • Article
      Silver
      228 4 SILVER on the London Metal Exchange yesterday showed losses of 0.7 to 0.5 pence per troy ounce. Prices declined in the early pre-market reflecting the overnight close at New York and lower gold, dealers said. The market then fluctuated narrowly as selling was generally well absorbed by covering demand.
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    • Article
      Gold
      318 4 THE KILOBAR Id SingaSre yesterday opened at 13,458 ana fluctuated within a margin of $34 before closing at <13,453. Trading during the day was quiet. In the loco London market, the metal opened at US$lBO.2O/50 and closed at $180.15/45. The London morning gold fix was U*****.40, down 60 cents
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    • Article
      Lead
      74 4 LEAD finished the morning in London yesterday with losses of mostly £2.50 per tonne. Prices were adjusted downwards at the start of the pre-market In line with copper but short-covering developed around the £314 level for Three Months and the' position partly recouped losses in the ring to close
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    • Article
      Zinc
      73 4 ZINC closed the morning session In London yesterday showing losses of mostly C 4 per tonne. This metal followed the general trend in base metals with stale bull liquidation and further stop-loss selling taking Three Months down to t'299 during early ring dealings. Modest short-covering steadied values during subsequent
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    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        452 4 ALTHOUGH the US dollar ftrmed slightly yesterday on the foreign exchange market, it did not make much headway as traders continued to be cautious in the absence of spectacular or significant new developments. Opening against the yen at 219.10/20, the dollar was traded down for a while in
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      • Article
        Asian $ rates
        174 4 Asian rates ASIAN currency deposit Interbank rates as at close on April 13: US Mlm(%ot) Offer BU 7 days 1 mth 2mttu 3 mths 8 mths B mthi 12 mths 7 73/16 73/6 7 1/1 77/8 715/19 61/16 6 7/6 71/16 71/4 73/6 73/4 7 13/16 715/16 8w. Tn. Dm.
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      • Article
        Discount
        49 4 RANGE of prices offered by discount houses on April 13: Overnight 1* to 3*4* Call deposit 2't* to 3*4* CMag Ruyinc Scltinc 3-Month Treasury bills 3-Month Bank bills 3-Month CD S-MonthCD 31/4 4 7/8 5 5 5/16 31/8 4 3/4 4 7/8 53/16 Source: National Discount Co Ltd
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      • Article
        Minimum lending rates
        70 4 THE PRIME rate of most commercial biiki in Singapore now stands at 7 per coat. Ovaraea-Chinees Banking Corporation la still ottering IK per cent to its beet customers while both Chartered and United Commercial Bank are maintaining their Drime re tea at 7 nor cent. The stated
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      • Article
        Euro $ rates
        138 4 Euro rates LONDON Eurodollar deposit rates held steady In routine trading yesterday after near-term rates were adjusted higher at the outset on technical considerations. One to Six Months rose by up to 7/16 on the loss of the Friday dealing technicality although the upward movement In Three Months was neautrallsed
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      • Article
        Hongkong
        121 4 AFTER fluctuating narrowly in fairly active two-way trading, the US dollar closed steady here yesterday. The US unit firmed slightly to 2.0110/20 marks from its 2.0095/0105 New York close after fluctuating in the 2.M05//0140 range. Sterling was steady at USSJ.B7SO/00 against 1.8745/55 In New York while the US unit
        121 words
      • Article
        London
        175 4 THE STATEMENT by US Treasury Secretary Michael Blumenthal that additional steps to support the dollar are not desirable and attention should rather be paid to economic fundamentals was not adversely received by the market here yesterday. The US dollar was generally firmer against most other currencies In opening trading,
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      • Article
        New York
        306 4 THE CANADIAN dollar fell sharply against the US dollar on Wednesday, closing at a new 45-year low of 87 cents. Dealers said the Canadian currency came under strong selling pressure at times in dropping about 40 points from its opening quote of 87.39/ 42 cents and compared with
        306 words
      • Article
        Tokyo
        146 4 THE US dollar for overnight delivery closed slightly, higher at 218.90 yen yesterday, compared with a 218.80 opening and 218.70 at Wednesday's close. No centra) bank intervention was detected in fairly active trading, with volume US$335 million, dealers said. The US currency firmed initially to 219.35 yen, the day
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      • Article
        Australia/NZ
        57 4 AUSTRALIA and New Zealand exchanges on April 13: AUSTRALIA: US dollar 1 1496/1.1448 Sterling 0 8154/0 6083 Ninety-day air mall buying rate*: Sterling 0 8306 US dollar 1.1800 Ninety-day forward buying rates Sterling 0 8148 US dollar 1.1474 NEW ZEALAND Sterling 0.5487/0.5458 US dollar 1 0314/1.0214 Ninety-day airmail buying
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      • Article
        Zurich
        60 4 ZURICH exchanges closing quotes on April 12: US 1 8840-8855 Stg 3 5010-5049 Can 1 8284-8303 D Mk 92.6441-7556 D Fl 88 7703-8808 F Fr 41 0121-0722 B Fr 5 9458-9544 DKr 33 5916-8278 N Kr 35.1098-2114 S Kr 40 8818-9280 LU 0.2190-2193 Aus SCh 12 8885-8877 Port 4
        60 words
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        Frankfurt
        48 4 FRANKFURT exchanges opening quotes on April 13: US 2.0115/30 2.0110/25) Can 1 7535/55 Stg 3 775/785 O Fl 93 58/88 8 Fr 167 .78/11 Ut 2 385/375 F Fr 44.31/38 N Kr 37 90/38 00 B Fr iron) 8 415/425 B Fr (fin) 8.41/42 Yen 0 9190/9205
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      • Article
        Eurobonds
        350 4 EUROBOND prices quoted on April Straight* BU Oflbr Total oil stc 9 to M Fn .Courtaulds stg 9V, 89 EIBst«9V.92 Flaoru stf 10'* 87 Inco9 92 Inco8toM Sparbankernaa 8 V. M Shell 8 <4 90 94 25 9S.OO 94 00 •8.62 98 25 •7.80 •7.25 •7.00 96 62 M.75
        350 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      170 4 m v 3 i \i C™-3 j W HP r „V* .v. Wr yjr 1 f f'K f -< V; d EfffdeiKy Plus Office furniture says a lot about the M efficiency of the business it belongs to, H its management and its people. H Diethelm office furniture transfonns V
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  • TRANSPORT
    • Article
      New GBN run from Singapore to Lagos port
      575 5  -  By CHAN BONG SOO WITH Singapore's increasing exports to Nigeria, GBN Line will start a new conventional shipping service to that country next month. Initially, GBN intends to put one vessel of 5,100 gross registered tonnage on the Far East-Nigeria run. The
      575 words
    • Article
      British charges fail to stand up
      487 5 A US House of Representatives committee said on Wednesday it found no proof to back up British charges that US officials misled an international organisation to win approval of an American all-wea-ther aircraft landing system over a British rival. Moreover, the House Government Operations
      487 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      550 5 ARRIVALS Service Local Operator Number Time From MAS MH684 1250 KCH THAI TG413 1245 BKK KLM KL833 1305 AMS/ATH/ KHI/CMB MAS MH651 1330 PEN/KUL SAS SK971 1335 CPH/DEL/BKK SIA SQ455 1340 BWN SIA SQ611 1340 BKK GIA GA900 1400 HLP CPA CX703 1415 HKG/BKK A'FLOT SU559 1445
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      FEEDER SERVICE TO BANGKOK
      168 5 THAI Mercantile Marine has started a common container carrier feeder service between Singapore and Bangkok. The new service, called the Thai Marine Line Feeders, uses a Thailand-re-gistered vessel Klti Samut which sails from Singapore today for Bangkok on the second leg of her maiden voyage. Kitl
      168 words
    • Article
      Wide-bodies allowed to land at Osaka
      356 5 INTERNATIONAL airlines, including Singapore Airlines. win inaugurate their wide-bodied aircraft flights at the Osaka International Airport on April 24 after a six-month delay caused by fears of noise'pollution. The Japanese Transport Ministry on Wednesday conveyed the decision to officials of 11 cities under the
      356 words
    • Article
      Ro-ro service boosts trade
      270 5 WESTERN Australia's export drive will be given greater Impetus with the Introduction of the ANRO Consortium's new Ro-Ro container service between that state and South-east Asia. With this new service, Western Australian producers of perishable commodities such as fruits, vegetables and chilled beef, can now expect
      270 words
    • Article
      Lock icon Dry cargo trade pick-up is seasonal
      366 5 Reuter THE LIVELIER conditions seen in the dry cargo trades in recent weeks have been mainly due to seasonal factors. In its March review, London shipbroker. Matheson (chartering), says the bulk of the enquiry has been grain-based and it Is generally expected the pressure
      Reuter  -  366 words
    • Article
      Lock icon LONDON FREIGHT
      174 5 UPI THE GENERAL rate tone remained much the same, with North Atlantic payments still registering a firm trend. Hopes for the remainder of the year were raised by announcement of a 600,000 ton US wheat sale to China with the possibility of more large sales later. Meanwhile, May
      UPI  -  174 words
    • Article
      Lock icon Airbus deal hearing?
      295 5 Reuter CHAIRMAN of a US House of Representative Ways and Means subcommittee said Eastern Airlines' purchase of the European Airbus raised serious questions of unfair trade practices. Mr. Charles Vanik said the trade subcommittee might hold hearings to examine the "financial gimmickry that accompanied the sale." Eastern
      Reuter  -  295 words
    • Article, Illustration
      New timber carrier
      72 5 MV Doric Javelin has recently joined the Europe-Far East run, carrying only timber. Built at Hakodate Dock of Japan, for Javelin Corporation of London, the vessel made her maiden voyage last month and called at Sembawang Wharves. Flying the Greek flag, the 180metre long and 28,752 dwt
      72 words
    • Article, Illustration
      SHIPS IN PORT
      385 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Buenos Aires Maru (JNQO) (1030 tide) 18 Bunga Setawar (1500 after Bunga Mas) 19 Busteni (1030 25/26 England Maru (JJIH) (1500 after Kim Ann after Frotabeira) 8/9 Muse (JQLA) (2000) 40/41 Nedlloyd Fremantle (after Kota Mas) 1/2 Ocean Supply (B. Barge) (0700
      385 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      18 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 -f Coll us for your local or onward reservations
      18 words
    • Advertisement
      Page 5 Advertisements Column 2
      83 5 That's United States Lilies' weekly service from Singapore U.S. Lines' vessels serving Singapore are brand-new and contain their own shipboard cranes which permit your shipments to move in and out of the country with speed and efficiency. Once a week, every week, we offer you our quick and dependable service
      83 words
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  • Article
    Boosting growth is more important
    529 6 IT IS an encouraging sign that the International Monetary Fund has reported an easing of Inflationary pressures In Industrial countries. The world has been concerned with Inflation for what to many people must be a long time now, and It Is comforting to hear reports
    529 words
  • Article
    It's just as well for rubber brokers
    227 6 THE gold futures exchange has since 1974 been the pipe dream of rubber brokers who had in that year hitched onto the idea that diversification from the business of rubber broking could be one way to offset declining earnings in the trade. Now,
    227 words
  • Article, Illustration
    Palm oil exporters need to find new markets
    1667 6  -  Palm oil exporters are drawing their battle line* against soyabean and cottonseed competitors. Bat to export their increasing production they need to diversify their markets beyond the traditional buyers, the US and the EEC. A market study by the United Nations Conference
    1,667 words
  • Article
    Beneath Siberia lies nature's storehouse of the future
    714 6  -  By SETH MYDANS BURIED under the vast and Inhospitable wasteland of Siberia's forests and permafrost lie still-uncounted riches of natural resources that could have a profound effect on the world economy for years to come. Sometimes referred to as the world's richest
    714 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      573 6 w I f J :..l: M Orchard Road, B'pore I. Tel: *****2 408/407 Harelock Road. B'pore S. Tel: 4HHI Pebble Bar Experience the unique expression of Tanla Great Sound Big Show You'll love the dynamic and versatile Tanla For memorable yester hits and today's favourites. Only happens at the Pebble
      573 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      60 6 WEATHER outlook for Singapore from 6 a.m. to noon today: Mainly fair. Report for 24 hour* prior to 7.30 p.m. on April 13 at the airport. Maximum Temperature 32.4° C Associated Humidity 38 Minimum Temperature 23.»' C Associated Humidity *98 Hours of Sunshine '•«> Rainfall in Millimetres Trace Total Rainfall
      60 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      247 6 TtfUßWDrra SINGAPORE 5 3.00 PM Opening announcements followed by Housewives' Ma.tinee The Humiliated (Repeat) A Hokkien feature film 4.20 Intermission 6.05 Opening announcements followed by Exercise with Gloria 0 6.30 News in Brief 0 6.35 The Tony Randall Show Case: Franklin Vs McClellan 7.05 Serbanika (Malay) 0 7.30 News and
      247 words
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  • Article, Illustration
    Discoveries may give KL the edge
    1093 7  -  By G. UMAKANTHAN FOUR years of painstaking efforts by a team of scientists In Penang bore fruit recently with the successful formulation of a novel method of separating palm, oil Into its liquid and solid portions, oleln and stearin. Using their new method, the
    1,093 words
  • Article, Illustration
    STRAWS IN THE WIND
    581 7 I HAD a nightmare over the .weekend onlv it was for real of walking down Orchard Road at 7am, a normal enough local break- fast hour, In vain search for a genuine or for that matter any other kind of, nasi lemak. No way, as they
    581 words
  • Article
    Lock icon Mecca of international money pilgrims
    835 7  -  By PAUL HOFFMAN NYT AN ARAB in the robes of the desert, clutching an American-style attache case and walking into one of the majestic bank headquarters in Zurich draws no stares. This is the Mecca of the international money traffic. As the dollar keeps tottering,
    NYT  -  835 words
  • Article
    How much can EEC import figures tell?
    1077 7  -  FORUM ...on economics •y John Drysdale I WAS surprised to see from computed figures how close a relationship exists between the value of Asean exports and the value of total imports (worldwide) by the 23-member Organisation for Economic Cooperation and Development (OECD). So
    1,077 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      295 7 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****/7 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral Road, Singapore 10 Tel: *****44 GOODWOOD PARK HOTEL 22 Scotts Road, Singapore 9 Tel: *****1 HOTEL GRAND CENTRAL
      295 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lock icon Advance continues
      617 8 TOKYO Source: DBS-Daiwa IN the morning session, share prices continued to advance yesterday centring on electronic component issues such as Alps and Mitsumi, and also precision machinery and pharmaceutical issues. Investment trusts and foreign Investors were bullish. On the other hand, public works related and heavy electric lsstfes
      Source: DBS-Daiwa  -  617 words
    • Article
      Lock icon Hongkong
      422 8 Source: Sun Hung Kai Sec Ltd WITH most major results already announced, trading continued on a subdued note yesterday morning with turnover sliding to onTy 18 million In the first session. General profit-taking was seen In HK Wharf down 40 to 17.50. Hutchison Whampoa down 5 at 4.20 after
      Source: Sun Hung Kai Sec Ltd  -  422 words
    • Article
      Bangkok
      10 8 THE Bangkok market was closed yesterday for Songkran Day.
      10 words
    • Article
      Sydney
      348 8 THE market closed firm yesterday with BHP rising four cents to A 56.20, EZ Industries seven to 2.15 and CRA four to 2.16. Dealers said Utah rose five to 3.40. Thless 12 to 2.05, Kathleen Investments three to 1.53, Western Mining three to 1.25, Bougainville three to 1.10. MIM
      348 words
    • Article
      Manila
      152 8 THE market closed mixed yesterday with commercials and oils posting minimal gains while minings declined. Dealers said turnover fell to 1.92 million pesos from Wednesday's 2.00 million. Atlas lost one point while other mining Issues were either unchanged or had small losses Phil Overseas gained one point while other
      152 words
    • Article
      Selected indices
      66 8 FINANCIAL TIMES INDUSTRIALS Wednesday 460.2 Tuesday 470.4 Week Ago 470.2 DOW JONES AVERAGE INDUSTRIALS Wednesday 766.29 Tuesday 770.18 Week Ago 763 08 LONDON DOLLAR PREMIUM Wednesday 7 102*« to 103V4 Tuesday 102 to 102 Vt H.K. HANG SENG Thursday 442.13 Wednesday 445.69 Week Ago 445.35 SYDNEY INDUSTRIALS Thursday
      66 words
    • Article
      Prices mostly lower
      474 8 EUROPEAN MARKETS k A FRANKFURT share prices were mostly lower on lack of orders although the majority were quoted at the close above the day's lows, bourse sources said on Wednesday. Deutsche Bank which announced 1977 consolidated group net profit down at 408.0 million marks from previous
      474 words
    • Article
      Frankfurt
      221 8 APR 12 Dm Ael-Telefunken 89 70 +0.7 Akzo 24 30B Allz U-ben 620 -5 Allz Vrrs 487 -8 BASK 138 -0 2 Bay HT Whank 288 Biy Vbunk 322 ♦2.3 Itiyrr 141 70 -0.6 I«W 294.50 -I J BMW 218 -3.5 (_';i wella 361 -4 Chem Verw 244 50
      221 words
    • Article
      Amsterdam
      238 8 APR 12 FU ABN 353 50 +3 Ahold 104 80 -0 4 Akzo 25 90 0 3 AMEV 82 70 ♦0 7 A hi fas ***** unch AmrutB.ink 74.70 0.1 BrtROSs 5« 50B Berk 90 00 Bols 70 50 *2 HorsumiJ 148 50 ♦0.2 Burhmann 68 00 ♦0 2
      238 words
    • Article
      Jo'burg
      334 8 GOLD shares closed mixed ager a marginally firmer earlier session with trading very quiet on Wednesday. Financial minings were unchanged to marginally firmer. Elsewhere, De Beers was unchanged In lack lustre trade at 540. APR 12 Rand INDUSTRIALS A Alpha 98 unch Abercom 150 unch AE And CI 240
      334 words
    • Article
      Zurich
      184 8 APR 12 Francs Act ions Sui sses 267 -1* Alusutsse Br 1210 unch Alusulsse Reg 552 2 Krown Boveri Br. 1610 ♦5 Oba CwMgy Br 1135 -to Cibu Oelgy PC 865 15 Cibu Gelgy Reg 655 ♦4 Credit Suisse Br 2165 10 Credit Suisse Reg 423 unch Elektrowatt Br
      184 words
    • Article
      Brussels
      93 8 APR It Frs FORWARD MARKET Arfc 253 -1 Arbefl 2200 -5 Astur -S68 18 Bravan 437 -1 Bru-Lamb 1515 5 C'anpac .r 475 5 Cock T60 -6 He Bwrs 164 unch I-ties 2350 -25 Eleclrobel 6340 -80 Qh-Inno-Bm 2125 5 liev 1388 8 Hobok 2435 30 Pi'tro 4180 10
      93 words
    • Article
      Paris
      279 8 APR 12 Frs CORBEILLE Air-Liquide 290 -1 BSN Ocrvals I hi none 441 -9 CSF(ThomsonC*l> 217.50 -2 Cie Franca l* des Petroles ***** •2 Compagme Financlere (ompagnie C.enerale 362 -3.8 Credit Functor Dp France 333 -1.9 Hachette (LlDralrte) 174 -2.5 Machines Bull 33 70 -0.1 Mlcheltn(B) 1392 ♦7 Pari
      279 words
    • Article
      Toronto
      236 8 SHARE prices on Wednesday closed lower as sharp declines In oil Issues thwarted a rally attempt. Six sub-groups fell, Including the four most heavilyweighted groups. The composite index was off a fraction and losses outnumbered gains 227 to 204 APR 11 CS AbiUbl I2S unch 28'* Algoma 18W Bank
      236 words
    • Article
      Milan
      105 8 APR 12 Lire Ante 100 -0.5 Assoc Gen ***** -90 Buslogl 423 ♦7 Central* 3390 -20 Fiat 1917 4-1 Finstder 74 -0.75 Gen Immob 79 25 +0.5 IKI Pri 2090 +5 I la Icemen tl ***** 140 Ilalgas 618 -5 Italslder 127 ♦0 25 M.ignetl M Pf 419 +5.5
      105 words
    • Article
      CHICAGO BOARD OPTIONS
      1344 8 April 12 TRADING on the Chicago Board Options Exchange was 120,101 contracts on Wednesday compared with 100,057 on Tuesday. OPTIC* APL /LY OCT BTOCR Alu* Atn m Am* AJ*>ia AaTm Am T« AM TBI AUK A«m Aim Avon Awn-f A*rm A«wi-r Muli Ax» p«n« Air. a»uiB tt"«8
      1,344 words
    • Article
      Little in the way of giving
      1092 8 NEW YORK DISAPPOINTMENT over International Business Machines Corps earnings stopped a morning rally attempt but stock prices surrendered very little ground. Trading was heavy on Wednesday. The market firmed about midday after opening mixed out began moving lower when IBM said Its first quarter
      1,092 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      227 8 Mathematics and Statistics Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to go to statistics in more
      227 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Amax Inc. adjust copper alloy prices
      201 9 Reuter ,7AMAX Copper Inc., a subsidiary of Amax Inc., said It will change the base price "and premiums for domestic I US shipments of Amax oxygen free coppers and alloys to reflect the cathode .copper base price. Amax said the new prices, which are
      Reuter  -  201 words
    • Article
      Lock icon WRIGLEY GUMS COST MORE
      116 9 Reuter AMERICANS, who paid five cents for a package of chewing gum in 1972 and then saw the cost escalate to 15 cents, received some more bad news from William Wrigley Jr. Company. The world's largest producer of chewing gum said it was raising prices on
      Reuter  -  116 words
    • Article
      Lock icon DEAK FINED FOR CURRENCY DEALS
      383 9 NORTH AMERICAN COMPANIES AP A FORMER vice-president of Deak and Co of California. subsidiary of the world's largest foreign currency dealer, was fined US$5,OOO on Tuesday for failing to file reports involving $11 million in cash transactions. Willie Beusch, 45, also secretary-manager of the San
      AP  -  383 words
    • Article
      Lock icon Sharply lower profits at American Exchange
      252 9 Reuter THE American Stock Exchange, the country's second largest stock exchange, reported sharply lower profits for 1977. It said profits fell to U*****,000 from $1,032,000 in 1976. Revenues, however, rose to $36.8 million, compared with $33.6 million a year earlier. The exchange said total
      Reuter  -  252 words
    • Article
      Lock icon Backlog at IBM
      67 9 Reuter INTERNATIONAL Business Machines Corp said its backlog of data processing orders at Dec 31, 1977, totalled US$2B5 million, as measured by the net monthly rental value of the orders, against $153 million at Dec 31, 1976. IBM said "Due to the substantial volume of orders in
      Reuter  -  67 words
    • Article
      Lock icon BOULEVARD MALL
      58 9 Reuter MEPC Ltd said its MEPC American Properties Inc unit acquired the Boulevard Mall shopping centre in Las Vegas jointly with an institutional partner for US$3l.5 million substantially funded from local sources. The 31 hectare centre comprises 84,070 sq. m. of retail shopping space and will be managed
      Reuter  -  58 words
    • Article
      RCA reports best first quarter
      252 9 RCA Corporation reported its best first quarter in history, and predicted record profits and sales for the full year. For the three months ended March 31. profits increased 13 per cent to U5554.9 million, or 73 cents a common share, from $45.5 million or 63
      252 words
    • Article
      Lock icon Ultramar bid
      89 9 AFP BRITISH Ultrainar's bid to take over a bankrupt oil refinery at Come-By-Chance. Newfoundland, has been rejected by the receiver. UUramar is the parent of Golden Eagle Canada which operates this small plant. It sought to acquire the refinery for storage and trans-shipment purposes, promising at the same
      AFP  -  89 words
    • Article
      Lock icon MRT tender due
      322 9 ASIAN COMPANIES Reuter HONGKONG: The 10.7 km extension to the mass transit underground railway, the second stage of its development, has already been financed, chairman Norman Thompson of the Mass Transit Railway Corp. said. The extension is from north Kowloon to Tsuen Wan in the west of
      Reuter  -  322 words
    • Article
      Lock icon Hino awards gratis shares
      249 9 Source: James Capel SINO Motors' and Nissan iesel's recurring earnings for this interim September term are expected to increase by 25 and 20 per cent respectively over the second half of the year ending tomorrow, on the strength of the Increasing demand for large trucks for
      Source: James Capel  -  249 words
    • Article
      Lock icon Toyota all-time high
      234 9 UPI TOKYO: Toyota Motor Co. produced an all-time high of 274,153 vehicles in March due to stepped-up domestic demand, the company said on Wednesday. The figure represented an increase of 22.6 per cent over February and 5.9 per cent over a year ago. The previous monthly high
      UPI  -  234 words
    • Article
      RAIL STRIKES A BLESSING TO AIRLINES
      271 9 TOKYO: Japan's three major airlines carried a record number of passengers on domestic routes in the fiscal year to March. 1977, according to figures out today. Three airlines set a record of 32.17 million passengers, an increase of 17 per cent over the previous
      271 words
    • Article
      Lock icon Copper price
      36 9 Reuter BRISBANE: Mount Isa Mines Ltd announced its price for copper, equivalent wlrebar basis cif main Australian ports, will be P er tonne from April 7 until further notice. Previous price was $1,120. Reuter
      Reuter  -  36 words
    • Article
      SWIRE
      27 9 HONGKONG: Swire Properties said consolidated 1977 net profitwas HK199.6 million (no comparison). Final dividend 12 cents (no comparison) making a total of 18.5 cents (no comparison).
      27 words
    • Article
      Lock icon DAI-ICHI IS TOP
      67 9 AFP TOKYO. Dal-ichl Kangyo Bank remained top in funds available among Japan's 13 city banks, the Federation of Bankers's Associations said. Dal-lchi's deposits at the end of last month totalled 8.590,300 million yen up 5.7 per cent from six months ago. Fuji Bank ranked second, its deposits
      AFP  -  67 words
    • Article
      Lock icon Goodrich raises prices
      84 9 Reuter B.F. GOODRICH Co said it increased prices by one cent to 1.3 cents per pound for all its Ameripol brand styrene butadiene (SBR) black master batch rubber products, effective from May 1. The new list prices for Ameripol will range from 23 to 33 cents per
      Reuter  -  84 words
    • Article
      Lock icon Occidental to exploit oil in the Amazon
      226 9 S. AMERICAN Reuter LIMA: Occidental Petroleum, one of two major US oil companies operating in Peru, signed two agreements with the state owned firm PetroPeru, the Peruvian firm said. One is for the exploitation of heavy oil in the northern Amazonian jungle for
      Reuter  -  226 words
    • Article
      Chilean copper mine
      108 9 SANTIAGO: Sales of copper mining sub-products, molybdenum, gold and silver, are enabling the Chilean Copper Mine of El Salvador to tide over the current world copper glut, a Codelco spokesman said. Asked if the mine, whose annual output is 80.000 tonnes of copper, faces difficulties as a
      108 words
    • Article
      S. Korea to borrow
      115 9 BONDS AND LOANS HONGKONG: South Korea plans to borrow US$3OO million through a 10-year syndicated loan. Chase Manhattan Asia Ltd said as joint lead manager with Citicorp International Group and Bankers Trust Interest will be set 0.875 per cent above London interbank Eurodollar offered rates and
      115 words
    • Article
      Lock icon ABN heads syndicate
      95 9 Reuter AMSTERDAM: Algemene Bank Nederland (ABN) said it is heading a syndicate of Dutch banks making a private placement of 6-1/4 per cent five-year guilder notes up to a maximum of 75 million guilders. The notes, Issued on ABN's own behalf, will be issued at 99-1/2 per
      Reuter  -  95 words
    • Article
      Lock icon IHI may issue $50m
      73 9 Reuter TOKYO: Ishikawajlma Harlma Heavy Industries (IHI) Ltd said It plans to issue a US$5O million sevenyear floating rate Eurobond on April 27. IHI said It expects to sign a contract with a syndicate of underwriters managed by First Boston Europe Ltd in London today for
      Reuter  -  73 words
    • Article
      Lock icon Citicorp seeks approval to issue yen bonds
      283 9 UPI TOKYO: Citicorp., holding company of Citibank N.A., sought the approval of the Japanese Finance Ministry last month to Issue up to US$ll4 million worth of yen-quoted bonds, a spokesman for Citibank Japan said on Wednesday. The American Bank wants to Increase capital
      UPI  -  283 words
    • Article
      Copper price fall affects Rio Tinto Zinc Corp
      374 9 EUROPEAN COMPANIES LONDON: Rio Tlnto Zinc Coro Ltd reports pre-tax 1977 profit of 1271.5 million (278.8 million). Sales were C 1.82 billion (1.67 billion) and earnings per share 32 68 p (32.34 p). The final dividend was 6 p (4.82 p) making
      374 words
    • Article
      Lonrho's offer rejected
      527 9 THE Board of Scottish Universal Investments (Suits) rejected by a single vote a takeover approach which values the company at C4l million from Lonrho. the International trading company headed by Mr. Tiny Rowland. Sir Hugh Fraser. former chairman and now vicechairman of Suits, voted in favour of
      527 words
    • Article
      Lock icon Bowater up
      187 9 Reuter LONDON: The Bowater Corp. said pre-tax profit was 187 million last year. (178.3 million). Sales were t1.72 billion (11.55 billion) and earnings per share 21.9p (21.3p). Final dividend at 8.63p gives a total of 14 69p <12 52p). The profit is after depreciation amounting to i' 32.1
      Reuter  -  187 words
    • Article
      Lock icon Pirelli Spa's loss
      174 9 Reuter MILAN: Industrie Pirelli Spa said its net 1977 loss was 5.5 billion lire (1.9 billion loss). Depreciation was 31 billion (no comparison). It set aside to retirement payments fund. 20 billion lire (no comparison). Sales of Industrie Pirelli and its subsidiaries rose 11 per cent to
      Reuter  -  174 words
    • Article
      Lock icon GEC WILL SELL SUBSIDIARIES
      177 9 Reuter LONDON: The General Electric Co Ltd will sell a 50 per cent share in its major South African subsidiaries to Barlow Rand Ltd for 27.5 million rand, the companies said in a Joint statement. The combined net assets of the GEC South African Group (Gecsa)
      Reuter  -  177 words
    • Article
      BNOC LICENCES
      65 9 LONDON: UK Energy Secretary Tony Benn told Parliament the British National Oil Corporation will be awarded nine Broductlon licences in the orth Sea and southwestern approaches to the English Channel. The British Gas Corporation has been awarded one licence in the Irish Sea. Forty new blocks will be
      65 words
    • Article
      Lock icon Cable and Wireless
      60 9 Reuter LONDON: State-owned Cable and Wireless Ltd has received a contract worth t'3oo million to €400 million to design, supply, install and run a telecommunications system for the Saudi Arabian National Guard. A preliminary agreement has been signed. The final agreement should be signed in the summer
      Reuter  -  60 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      152 9 COLLECTINQ Oriental Anticnej by Judith Moorhouse and Dries Blitz Hgl Hamlyn Group, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East It is, however, widely bell??ed expensive Jor the average collector. This myth Is perpetuated by all the books on
      152 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1518 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. All Time Settlement Contracts are quoted after the world "sett". Big Board deal
      1,518 words
    • Article
      Government bonds
      152 10 Rrp Spore D Mark 7% 1982 (100.000) (102'«B 103 1 iS) Rep Spore 6 1/2% 1983 (100.000) (102',8 103 tS) Rep Sporo 7 3/4% 1987 (100.000) (99'«8 100S) 4 3/4% l/S/79 (250.000) (101.008 101.10S) 5 1/4% 15/10/79 (250,000) (101 308 101.50S) 4 3/4% 15/9/80 (250.000) (100.108 100.253) 5
      152 words
    • Article
      Corporate bonds
      218 10 BOTH 1/2% 1981 (100.000) (100 SB 101S) B O T 7 5/8% 1984 (100,000) (9558 96' aS) B O T Floating 1984 (100.000) (99V,8 100S) C Itoh 8 1/8% 1984 (100.000) (M*B 96^S) LTCB J 1982 (100.000)(9»*.B 100^8) LTCB J 1983 (100.000) (99*8 100'«S) Credit Lyoanaia Floating 1983
      218 words
    • Article
      Stock options
      51 10 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown In brackets. Inchcape (June $1.90) (0.08S) (I) 0.06 Sime Darby (June $2.75) (1.408 1.655). (Sept $2.75) (1.328
      51 words
  • Article
    Unit trusts
    152 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manage™ pcicei for April 14) (Current pi rice* I The Commerce 1.90 2 02 INCOME BOND 1 04 1.10 The Saving Fund 1.10 1.16xd S pore Prog Fund Spore Security Fund S pore Invest Fund 0.90 0.95 1.73 1.83 1.13 1.20 MARA
    152 words
  • Article
    SHARE INFORMATION SERVICE
    2439 10 1978 -.High Low Company Last Sale +orDiv Div C'VT Y'ld P/E Vol COOO) Day High Low «w SECTION ONE INDUSTRIALS MM "«fW «M6 132 123* 112 260 60 V, 191 144 256 394 123 Ac ma Alcorn Allied Choc Bata Ben Boustead Bousteadco C&C CCM C K
    2,439 words
  • Article
    In Kuala Lumpur
    1647 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. INDUSTRIALS Acma (1.758 1,798). A|lnamata (2.10B) XALL. Alom (2 008) (2) 2.00
    1,647 words
  • Article, Illustration
    Mainly quiet and steady
    899 10 SINGAPORE LATE buyiu support la •elected blue culpa enlivened u otherwise quiet tad steady Singapore stock market yesterday. Most counters hovered narrowly around their previous closing levels for a greater part of the day. However, activity picked up during the last 45 minutes or so, resulting
    899 words
  • Article
    Kuala Lumpur trading dull
    647 10 PRICES fluctuated on the Kuala Lumpur Stock Exchange yesterday to finish on a mixed to slightly steadier note. Light selling and profittaking were still visible, and these caused small dents In the prices of some of the traded counters. Moving upwards on the industrial board were
    647 words
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  • COMPANY NEWS
    • Article
      Import curbs give Raleigh needed lift
      744 11 OVERALL earnings are well down again but Raleigh Cycles have managed to stave off a year of loss through a strong spurt In the second half of the year to Dec 31, 1977. Shareholders can heave a sigh of relief that the second half
      744 words
    • Article
      Boustead stake
      237 11 IN a bid to put Its cash resources to more effective use, the Boustead group Is making Its second substantial Investment within a little less than six months, this time with the acquisition of Macondray and Company, a well-known Manila Commercial firm. Announcing this yesterday, the chairman. Mr
      237 words
    • Article
      DIVIDENDS ANNOUNCED
      732 11 Malayan Tin Kuala Sidim Rub. Tronoh Mine* Ayer Hitam Tin Hume (FE) Batu Lintang Riverview Goodwood Park Ming Court Hotel Malaysia Prima M. Brewartee K.L. Kepong Deb G.E. Life A. Enterpriie Talam Mines United M.W. Loan Taaek Cement (Ord.) Tasek Cement (Pref.) N.Iron Southern Mai. Tin (M) Conspiant
      732 words
    • Article, Illustration
      High tax charges slice Genting earnings
      921 11  -  By ARTHUR NG HIGHER tax charges and extraordinary expenses have pared earnings considerably at Gentlng Highlands Hotel last year. Group earnings at the pre-tax level registered a good 25.4 per cent rise to M 527.54 million but a market reversal in trend is seen
      921 words
    • Article
      Sim Lim confusion
      441 11 By MANO SABNANI SIM LIM Investments has caused further confusion in the minds of shareholders by its latest disclosure that the agreement to sell Its holdings in Boon Ann Properties (BAP) to Equatorial Investments Pte Ltd has been rescinded. This marks a reversal of the situation on
      441 words
    • LATEST RESULTS
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        BEN and Company:
        43 11 Operating profit $139,000 ($31,000 loss) for the first 10 months ended Dec 31, 1977. Comparative figures in brackets are for the year ended Feb 28, 1977. Sales $48.25 million ($49.66 million). Total loss attributed to shareholders $3.24 million ($13.38 million).
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      • Article
        Malayan Cement Bhd:
        42 11 Consolidated net profit M 57.01 million ($lO.ll million) for the year ended Nov 30. The company earlier pro- posed a second interim dividend of 12.5 per cent gross (11.5 per cent) making 22.5 per cent (same) for the year.
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        General Ceramics Bhd:
        49 11 Net 1977 profit M 56.01 million (loss $0.11 million). Sales $5.35 million ($2.12 million). Dividend nil (same). King's Hotel: Pre-tax profit $1.11 million ($564,515) Net profit $609,120 ($260,108) after provision for taxation of $511,000 ($310,000). Dividend 7Vi per cent less tax (five per cent less tax).
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      Heavy demand for UAC special issue
      287 11  -  By HO KIN CHAI UNITED Asbestos Cement has announced that its special issue of 1.8 million ordinary shares of Msl each at $1.80 per share has been over-subscribed by 9.4 times. The company said in a statement the special issue was designed to increase
      287 words
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      COMPANY MEETINGS
      453 11 Selangor Properties Bhd: AGM to be held at Tlnskal Kedua, Block E, Lompleks Pejabat Damansara. Damansaca Heights, at 4.00 p.m., on April 14. Ajinomoto (M) Bhd: AGM to be held at 6 V* miles, Simpane Salak, South Baharu, Kuala Lumpur, at 9.00 a.m. on April 25. National Iron
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      377 11 EDUCATIONAL ENTERPRISES fto*? »4.*R* a*-*' Chorafas 1978 World Seminar 8-12 MAY. 197t SINGAPORE HILTON HOTEL THE DESIGN AND MANAGEMENT OF DATA COMMUNICATIONS; DISTRIBUTIVE SYSTEMS; TELEPROCESSING; PROTOCOLS; DATABASES; NEW TECHNOLOGIES AND THEIR APPLICATION; COST ADVANTAGES AND BENEFITS POSSIBLE FROM CLOSER LINKS BETWEEN COMPUTER AND THE MANAGEMENT OPERATION. Dr. Dimitris Chorafas, a
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    Lock icon Investors are looking anew at Eurobonds
    651 12 Reuter INTERNATIONAL Investor Interest In Eurodollar bonds appears to be reawakening owing to the sharp gap between US and German Interest rates and market feeling that the US dollar could now recover against the mark, said Westdeutsche Landesbank Olrozentrale's vice chairman, Walter Selpp. Mr.
    Reuter  -  651 words
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    Price spiral eases in industrial states
    645 12 THE International Monetary Fund (IMF) said on Wednesday that inflationary pressures eased slightly in recent weeks in industrial countries. Wholesale prices of internationally traded goods and consumer prices in industrial countries lost sbfne of their upward thrust (luring February and January, according to the
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    LONDON STOCKS
    831 12 LONDON. Thurs. Prices closed lower after fairly active trading At 3pm the Financial TTmes index was down 6.9 points at 453.3. Government bonds finished 13/4 points easier after being up to three points down in early trading Leading Industrials showed losses extending to several pence though prices ended
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    Lock icon Tokyo may scrap tariffs on 100 items
    750 12 AP UPI JAPAN has offered to abolish tariffs on more than 100 of the 2,630 Industrial producU being discussed In the current Tokyo Round of multilateral trade negotiations In Geneva, a Japanese dally reported yesterday. The Asahl Shtmbun, quoting government sources, said the
    AP; UPI  -  750 words
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    TOKYO ROUND BENEFITS WILL REVITALISE WORLD
    620 12 THE benefits of a successful conclusion of the Tokyo Round of trade negotiations would far outweigh the total costs of adjustment necessitated by the reduction of trade barriers, according to the author of a new econometric study. The benefits would probably exceed the adjustment
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    Lock icon Manila surplus due to inflow of capital
    784 12 Reuter THE Philippines had a US$77 million (SSI7B million) balance of payment surplus in the first quarter of the year, largely due to an inflow of nonmonetary capital. Its central bank said international reserves stood at $1,821 million at the end of March,
    Reuter  -  784 words
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    Lock icon C'wealth urged to give impetus to fund's set-up
    354 12 Reuter SINGAPORE yesterday called on the Commonwealth nations to provide the Impetus for the realisation of an international common fund for commodities. Mr Bernard Chen. Minister of State for Defence, addressing the opening session of a twoday Commonwealth ministerial conference on the
    Reuter  -  354 words
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    Carter will stick to his tax reform proposals
    189 12 PRESIDENT Carter has no plans to alter his proposals for tax reform and a US$25 billion (SSS7.S) tax cut. Deputy White House press secretary. Rex Oranum, said this when asked how the President viewed suggestions by Federal Reserve Board Chairman, William Miller
    189 words
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    Lock icon Forecast of price boost at fair
    164 12 Reuter CHINA'S 43rd Canton Trade Fair will open on Saturday with a general upswlng in the Chinese economy. However, predictions of shortages and price increases in some export commodities were made. Chinese ministries have reported healthy percentage increases in economic output during the first
    Reuter  -  164 words
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      72 12 APPOINTMENT WANTED Betriebswlrt (grad.), B.Sc. (Econ.), German, male, 33 yrs, banking apprenticeship, economical tasks with steeli lnd., marketing since '69 (sales prom, for US company, supervisor for Swiss cq., lnternat. trade, sales for Canadian/ British steel co.) German/ English/ Italian/ French/ (basic) Bahasa Malaysia wants to settle In Singapore/ Malaysia,
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      3 12 Leader Page 6
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      82 12 rm r *i N3 TV. iti&L *3 mm SM Everyone isat your finger tip! MANAGING DIRECTOR SUPERVISOR c^ofF(Cf ♦*yI s% X Q AIPHONE m 2 WITH AIPHONE The internal intercom for instant communications No matter how large your organisation, you can locate him within seconds with the help of AIPHONE
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      3 12 SEE PAGE 3
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    SHIPPING TIMES
    3032 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line Involved, and the estimated dates of arrival and departure from Singapore port. t CoasortiuM SoaDiteh haa t Joint «errice
    3,032 words
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      484 13 Scan Dutch V Fast and Regular Service To /From N.C. /SCAN I W.MED. Every 10 Days. Singapore: Tel. *****, Port Kelang: Tel. *****1, Kuala Lumpur Tel. *****, Penang: Tel. ***** SHIPPING CA/t(r/lin Lineslnc (USA) vl|l vllil Trans-Pacific Service Pu't Contd ne' Service To uSA FEEDER VSL SPORf MOTHER VSL A
      484 words
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      451 13 SAGASIA PTE LTD .LOUIS DRf VuSGPOtJPOP COMPANIES' AGENTS FOR:OCEAN SHIPPING LINE REGULAR NON-CONFERENCE SERVICE FAR EAST TO PERSIAN GULF SPORE LOADING FOR OCEAN DIAMOND 20 Apr Karachi KhOfrimih.hr 1 OCEAN ACE 20 Ma; Karachr Muscat Kuvait Basra* Khorrjmihjhr M V OCEAN GLORY 20lunt Karachi Muscat Kraut Bat rah KNotramshaiu *CaHin|
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      366 13 SHARJAH SHIPPING CO. LTD j ji l *Xr* (UMITID ARAB EMIRATES! [<] fiHll SHIPPinG UfK (UNITED ARAB EMIRATES) FAR EAST ARABIAN LINE t K>mr stevici or jmiuah jmrriw iShauam) ano ncai sta st»*smi» <u>Pt nil Snort P Aeianf Penary loading tor •CUlf MAJCSTy .!7/2RApr Dufeai/AtoiDfeabi 'TIKI 25/77 Ma? 21/29 MJ
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      245 13 NOTICES NEW OIL BUNKERING SERVICES AT DAMMAM, SAUDI ARABIA For the supply of: 1. All grades of bunkers, i.e. marine fuel oil. marine diesel oil and marine gas oil, to vessel arriving at Dammam anchorage or alongside, by our own tankers (vessels). 2. Fresh water to vessels. 3. Land transport
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      25 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the Work). Singapore: Tel. *****. Port Ke»ar>g: Tel. *****1, Kuala Lumpur Tel. *****. Penang: Tel. *****
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      445 14 SHIPPING J Hapag-Lloyd AOENTS ANGLO-FRENCH TRADING Singapore Kui'a Lumpur 03-*****4 03-*****7 Bookings *****11 *****89 Port K»l»ng *****1-3. CFS *****6/7/8 CFS *****66 Ttrminal *****51 Penang *****-8 Ipoh 05 2663-4 SUMA \tl COPF NHAHFN LINE EXPRESS SEMI-CONTAINER SERVICE TO EUROPE TRANSIT STRAITS/UK-CONTINENT 21/24 DAYS S'PORE P KELANG PNANG R'DAM HAMB ANTW NEWPOfI
      445 words
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      792 14 a SANKYO LINE| AUSTRALIA SERVICE i f RtUnt iMdmc f*r: MAT SKY 11l PORT 15/KA* DARWIN. MIS. SVD MAY CARP 21/23 Apr 19/20 Apr FRtM, AOEL, MEL KTOTEN MARU 27/21 Apr 30/30 Apr AOCI. MEL. SYD BANGLADESH SERVICE MAY BREEZE 27/21 Apr 25/20 Apr CHITTAGONG. CHALNA GENERAL AGENTS SM|ppmG j
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      539 14 3 mLAND U.S.A./ ASIA SERVICE o*' RI'RIGLRATID CONTAINER SERVICE SAIUNG EVfRY WEDNESDAY FOR PO«T< USA CANADA CARIBBEAN ItfM *ORtA TAIWM HOW «ONG IHAIIAND INO PKIUPfINIS VESSEL/VOYAGE Vessel Arrives/departs PONCE V-322 is/i» GATEWAY CITY V-694 ■■■mam PONCE V-323 MAY 2/3 CFS Close. 5 00 P M Cujtomei Ser»ite Bookmj *****22 Terminal
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      1034 14 Everett Lines M INM Bmm Fwt Star Shifp'M Cff "BURMESE NATIONAL LINE' I S SC TH < 38) 7355 IVM Apr a/Hlpr Mxbivs..i TfPSMAL»YSIA Pwong Tel *****/ ***** W NmMm iMaraMiawul 1 A. C.I. F. "ARGENTINE NATIONAL LINE" IOA(XNr 'OK DURBAN CAPETOWN BUENOS AIRES HUM UCflTlil rUBrH MKRIIIW Traaspartacian Maritima
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      565 14 t:::: a JARDIN I AM AH I Orient Overseas Co*dcu*teA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) s. seas Mtoa is* ORKNTAL RESEARCHEI CHEVALIER P Mil IBM NEPTUNE CORAL 7W NEPTUNE PEARt M CHEVALIER RO2E t« Ml wuals call Breaiertaneri alter Hamburg FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ)
      565 words
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      1267 15 QCL Overseas Containers Limited COTANOSaiF SERVICE T» m/CMTINCNT: nuu ut KUIM MM MM EJPOftt MITANO MM* uuu wn cm or edinourgn KAMAKSPA MAlti MUKN Eimis IS Apr 17 Apr Miy *>) I Mi) 12 Miy 22 Apr 21 Apr 11 Miy 11 May 1* May U iir x m> n«r
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      1455 15 A joint service < Ben Line Blue Fhnnef Cten Ijne «i T« UK CONTINENT (via IMS) S ngaoori F. KeUnp Fenpnf Eu'OOt (.11/15 Apr IS/11 M<| 2B ,71 Apr II Mp| IBIS Apr 21/22 Apr II 1 Mi, 1/11 Mil I I Mar II 11/ 2 laae 1 <Im Bilbao.
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      1035 15 cm BEN LINE CONTAINERS IM Bu»<*. HAVEN roiv HAVRE SCTO G»'"<aar taitr.l tl«<l irtaot All U.I Imy I May I «M, 17 Mar 4Hi 77 ir n ipr! nii n Ma» u m*i it *mi DOll'IK (imu M Mr M in MM| >1 HU( >1 II M hums mhu i
      1,035 words
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      992 15 Scan Dutch 9 EXPRESS CONTAINER SERVICE VJA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA J! ES» 11 i«/» Feeder fiom P. Keiant Vessel ELEAM»i 18/ 4 TPTAMa FIANCESCA n»l(U FRANCESCA WTLAMIA (If AMM 11/ I NEO KEIFT FRANCESC* S SELANOIA S'Dort U Mse.Hes 2 *itm X Hbart < il. B k/ I
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      769 15 GUTHRIE BOUSTEAD S; THE BANK LINE LTD. LNtS mL 11 VIU TEST RAM [Mauritius, Durban. Mombasa, Tan|a. |.1., f f Caretotrn) Penanf > Reiarf l«/a Apr 5 port I Mil Apr FORTUNE STAR (Mauritius. Reunion, Durban, C 1., PE„ Capet tan) »t«n| P Mlang a/If Mar Sport 11/ M M«
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      747 16 KAWASAKI BON KAMA LTD. ftNUTSEH LINE FIXED DATE FORTNIGHTLY SERVICES CONVENTIONAL CONTAINER/REEFER FROM CANADA/USA PACIFIC COASTS—2S DAYS IB WESTERN AUSTRALIA PORTS-G DAYS |MMN BAKKE ISTIN BAKKE A lUU m uiu Van. B.C. 1/14 Mat 11 /2B Mar 4/11 21/ 2 May S/ 7 Man 3 NIC, NAGOYA, KOBE. YOKOHAMA. VANCOUVER
      747 words
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      1204 16 LC.-U.SJL/ATLUTIC/fiOLF SERVICE accepting fcl/io. container frm s-mE, p. keuuk. pours LUI.II Mr: NORFOLK, NEW TOM. NEW ORLEANS, HOUSTON. i>|i3»i P. bliw tt ini Pe«e«t mm oharma" (MS* n sei> 10/10 May it 20 Me, 21/22 Ma, n/2t Ma, E.C./GREAT LAKES SERVICE Lead.eg Irn. NORFOLK, NEW TOM. MONTREAL. TORONTO. ASNTAOULA. DETROIT.
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      985 16 L 1 NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SERVICES: TO EVMPt <M SttC* F.lclaac tfna»ta ITWrf Ire*. SEVEN SEAS MIKE< ORIENTAL RESEARCHER CNEVALIER PAUL NEPTUNE CORAL NEPTUNE PEARL CNEVALIER Ro2t IS Mr Apr it Aft 23 Apr 21 Apr 21 Ajr 4 Kit S May U Mar IS May 24
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      639 16 mmm MALAYSIAN >NTf*NATtONAL SHfPPING CORPORATION BEHHAD TIL- KL 2*1244. EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/CONTINENT/SCANDINAVIA f. He lan* Vest*! S'oo" 1) M<*ilies 71 *d»* 3) Hburf 4) Cburt tMHrfet, lit, I) Mi IvUMi tin KUtliai ititratauta im tt Until Jaaau EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT If. Maoi Kelanf P.WI .aal
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      829 16 INTRASEA (PTE) LTD w DEMUR INDEPENDENT SEMI/FIU. CtNTAIIIEI SOWCI II EltDft S'pore P. Ketang Penang LaatfiM Np H.» AEGIS BALTIC li Part S«M 17 Apr S ton/rtom/Hburg/ A'werp. M.V. LOf VI NAY 21 Mr Apr A'a*rp/irdaNi/H>urg. M V DELVAL 1 May J "«Y M'seilles/Ston/R'dair./ H'bufi/G'burg. *Accep4>at TVMfk B'S'l far bmipt
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