The Business Times, 16 June 1978

Microfilm: NL9737
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. JIVI/T8 FRIDAY, JUNK 16, 1»78 50CENTS
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  • BRIEFLY...
    • Article
      Lock icon Once bitten...
      61 1 AP MELBOURNE, Thurs Police plan to launch a major security operation today to protect delegates attending next week's Industrial cooperation talks between Australia and Asean. Police and conference organisers said they are taking every precaution to prevent a repetition of the Sydney Hilton Hotel bombing during the Commonwealth
      AP  -  61 words
    • Article
      Lock icon Rice buffer stock
      61 1 Reuter BANGKOK, Thurs Thailand, a major grain exporter, is studying a proposal to set up a central rice buffer stock for Asean to help main-' tain market stability, a government official said here today. Commerce Ministry deputy under-secretary Chare Chutharatakul said the central buffer would be In
      Reuter  -  61 words
    • Article
      Lock icon Frantic trading
      77 1 UPI HONGKONG, Thurs The Hongkong stock market achieved a specutacular rise today in frantic trading similar to the 1973 boom. Bulls dominated the market immediately after the opening bell with blue chips the centre of attraction. Profit-taking in mid-morning was easily absorbed. In the afternoon buying orders continued
      UPI  -  77 words
    • Article
      Lock icon April rise
      55 1 Reuter PARIS, Thurs. Average inflation in April for the world's leading non-communist industrial nations was 0.0 per cent, according to the OECD. The April rise means a six-month Inflation rate of 7.7 per cent. Prices rose by 0.8 per cent In March. The OECD Inflation rate last year
      Reuter  -  55 words
    • Article
      Lock icon Dollar's new low
      52 1 AP TOKYO, Thurs. The US dollar hit another record low against the yen today amid signs that Japan's trade surplus might be expanding. The dollar closed at a record low of 215.375 yen after hitting 215.00 yen at one point. It had closed at 216.975 yen on
      AP  -  52 words
    • Article
      Lock icon We want US$
      59 1 AP TEHERAN, Thurs Opec countries should not replace the dollar as the basis for oil transactions, warned Iran's Minister of Economic Affalf*~and Finance Mohammed Yeganeh. Before leaving for an Opec meeting In Geneva he said, such a move might be a mistake because if the dollar regains
      AP  -  59 words
    • Article
      Lock icon Malaysia signs loan
      62 1 Reuter KUALA LUMPUR, Thurs Malaysia today signed a US$lOO million (Ss23o million) syndicated loan, arranged by the TorontoDominion bank with four other international banks, for financing its development projects. Deputy Finance Minister Rafidah Aziz said the loan was opportune as it came half way through the government's
      Reuter  -  62 words
    • Article
      Lock icon Dow Jones
      49 1 UPI NEW YORK, Thurs. Prices moved broadly lower early today against a negative economic news background, In active trading. The Dow Jones Industrial average was down 4.84 to 849.70 shortly before 11 a.m. Declines outstripped advances, 801 to 297, among the 1,413 issues crossing the tape. UPI.
      UPI  -  49 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      114 1 Rises SuacrtBaai Hick* Law RaSmaaHjrf DunlopEat TiaakCMMat OCBC Straits Tradiaf PAN HKL—< BRaya 650 318 444 378 304 833 710 492 440 248 217 +30 +14 12 12 +11 +10 +10 +10 10 10 10 Foils c*c PMKI TaaChonc PMHldn ttaMpUU Barjaya Kawat 311 480 284 277
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    • Article, Illustration
      In Kuala Lumpur
      147 1 RUBBER stocks surged shea d and lad a late rally on tks Stock Exchange of Singapore yestsrday. Trading was active. The Straits Times industrial index gained 1.(4 points to 321.90, wkile the Business Tlnsss index roee 27.13 points to 1203.88. Rises U.I. Corp Cutlcfleld Inch Kenneth K
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  • Article
    MAS surprises offshore banks
    863 1  -  DOMESTIC DOOR IS OPEN ■y QUEK PECK LIM IN A move'which has taken banks by surprise, the Monetary Authority of Singapore (MAS) has announced liberalisation mover which will open the domestic banking market to offshore banks. A directive sent by the MAS to all offshore banks
    863 words
  • Article
    Lock icon Jakarta import policy change?
    271 1 Reuter INDONESIA may change its import policy to offset loam caused by the continuing thertTS dollar towhlch the Indonesian currency Is linked. Antara Newt Agency, reporting this yesterday, quoted Mines and Energy Minister Subroto as having aald after a meeting with President Suharto that the real
    Reuter  -  271 words
  • Article
    An Asian look now for Asian dollar market
    688 1  -  •y SOH TIANG KENG A NEW-LOOK Asian dollar market is fast taking shape this year. This market, which developed with strong European links, Is now projecting a more Asian Image with deeper involvement of regional investors and institutions. More Asian investors are
    688 words
  • Article
    Dhanabalan now Minister of State
    144 1 MR. 8. Dhanabalen, MP for Kallang, hat been appointed Senior Mlnltter of State In the Ministry of National Development. He replace* Dr. Tan Big Liang, who was appointed Minister of State. (Finance) at the beginning of this month. Mr. Dhanabalan, 41, whose appointment becomes effective
    144 words
  • Article
    POSB is involved in syndicated loan to Steamers
    340 1 THE Peat Office Savings Buk (POSB) ku Joined a syndicate lad by Citicorp hdrutiml (Bia|«pon) Ltd to kmi Straits Steamahlp between W million and S4O million. Thia ia the first time tIM POSB ku beta lavolrad ia a loaa to a aoagovinuMt
    340 words
  • Article
    June 26 — listing date for SBS shares
    427 1 June 26 listing date for SBS shares THE Singapore Bus Service shares are expected to be listed on the Stock Exchange of Singapore on June 26. v The shares, which were offered to the public at $1 par, are now trading at 92 on the over-the-counter market. However, activity is
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  • Article
    Balloting of ICB shares tomorrow
    81 1 THE public offer of five million shares at $2.70 each In Industrial and Commercial Bank closed yesterday. Balloting will take place at 11 a.m. tomorrow at the ICB penthouse. Company sources have Indicated that the basis of allocation will allow, as far as possible, all
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      11 1 -A t SAFE WITH AN HOKI SAFE imMMmn SEC BACK PAGE
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    • Advertisement
      Page 1 Advertisements Column 2
      92 1 MI •11 IJ 11 ,pun Braun Synchron Plus Braun's Synchron Plus.Tor the man who must have a closer, smoother, faster shave than any other shaving system can give. The exclusive features of this shaver include: Tissue-thin super-flexible electro-fohned nickel foil. Has unique pattern 61 cutting holes and slots. Platinum-coated to
      92 words
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      Page 1 Advertisements Column 3
      46 1 Leader PAGE iWftW >h4 k A SHIPPING TIMES PEOPLE fail FUTURE wt EUROBOND ytoM foils to SOUTH bra tlMtlkitattii X-RATED lIIWMmi MmtoT HONGKONG MTB Ml tW BAGFUL «f 1 JAfUHNES I ASEAN 1. BODfOPAD 2. AaCRAgT. S mt, rnuwi nf ths wwd I, TV AKADfOi, KICKS,
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      Page 1 Advertisements Column 4
      236 1 Bi v kif T V vl 9 *>■ 111 1 K J 1 J SINGAPORE BUSINLSS Leader PAGE C Wake up exhausted? Sleep Deep Without drugs The SLEEPWELL Magnetic Pillow helps you to have a restful sleep You wake up ready to go l 1 he SLEEPWEL L Magnetic Pillow
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  • TRADE AND INDUSTRY
    • Article
      Future lies with manufacturers
      583 2  -  «y TERESA LIM SINGAPORE'S future depends largely oh the strength of its manufacturing sector, and manufacturers therefore must innovate and improve their products. Otherwise, warned Mr. Ooh Chok Tong, Senior Minister of State (Finance), they will find themselves with products but without the markets to sell
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    • Article
      Quality here to stay
      255 2 QUALITY control is now an accepted part of manufacturing in Singapore, as can be gauged by the increasing number of products covered by the Singapore Institute of Standards and Industrial Research's various certification schemes. Speaking at the 11th presentation of quality certificates and the institute's licences
      255 words
    • Article
      Lock icon Fraser bent on bilateral approach to EEC states
      313 2 AFP AUSTRALIAN Prim* Minuter Malcolm Fraser warned the European Economic Community on Wednesday his government was determined to pursue Its bilateral approach to EEC member countries on Australian agricultural exports. It would go ahead despite Friday's decision by the EEC Commission that
      AFP  -  313 words
    • Article
      Seoul ventures into Australian coal mining
      285 2 SOUTH KOREA has taken a direct equity in one of Australia's most lucrative steaming coal prospects. R.W. Miller announced that letters of Intent had been signed with the Pohang Iron and Steel Co (Posco) to develop jointly the Mount Thorley coal project in New
      285 words
    • Article
      Lock icon Sea cargo up 17pc
      148 2 AFP SEABORNE cargo discharged and loaded in Singapore In the first quarter of this yfear was 16.8 per cent higher at 22.5 million freight tonnes. In the first quarter of last year the figure was 19.3 million freight tonnes. Total cargo discharged in the latest quarter
      AFP  -  148 words
    • Article, Illustration
      Lock icon Hint of higher tin buffer stock price
      498 2 Reuter AFP A DELEGATE to the economic and price review panel of the International Tin Council (ITC) currently meeting in Bangkok said yesterday there were Indications that the price range of the buffer stock would be Increased. The delegate explained that the current
      Reuter; AFP  -  498 words
    • Article
      TEMANA OILFIELD GETS CRACKING
      490 2 SHELL has started the development of the Temana oilfield 37 km offshore from Blntulu In Sarawak. A production platform is being established In 20 m of water. The completion date and cost of the development are not available, but the Shell newsletter, Berlta Shell, indicates that
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    • Article, Illustration
      PEOPLE IN BUSINESS
      345 2 MARCO Polo hotel has appointed Mr. Ulrich Kurnman*, a graduate of the Hotel School, Lausanne, as resident manager. Mr. Kunsmann, a Swiss has spent eight years with the Hilton International In Teheran, Singapore and Kuala Lumpur. He joined the Peninsula Group (of which Marco Polo Is a
      345 words
    • Article
      Watchdog on training
      219 2 THE Industrial Training Board (ITB) currently has 26 Trade Development Committees (TDC) to review its training programmes to keep them In One with Industrial changes and demands. Etch TDC has eight to 10 members Including ITB officers skilled In particular trade areas and also Industrialists from different
      219 words
    • Article
      Jakarta exports
      45 2 INDONESIAN exports to the Soviet Union Increased six-fold from 1973 until the end of last year. Antara News Agency said Indonesian imports from Russia had trlppled during the same period. The trade volume between the two countries'totalled US$45 million (Sslo3 million) last year,
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    • Article
      MEMO PAD
      279 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp Course, SITC, SITC June 5-July 29: Life Agents Certificate Course, SITC, SITC I June 8-22: Personnel guidelines ft policies, Hilton, POD June 19-22: Industrial relations for supervisors, SIM, SIM June 21-24: Sales conference, RELC, PT Richardson Merrell Indonesia
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    • Article
      Informal exchange of ideas on data systems
      137 2 DATA processing experts from Overseas Containers Ltd in seven countries will meet in Singapore next week for an Informal exchange of ideas. This Is to ensure that compatibility is maintained among the company's world-wide electronic data processing facilities. Twenty senior EDP managers of
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      136 2 MITSUI TRUST Beacon of Progress it.. v< $4 v v< 'v.;. fy *|Hf& SfcHNW. .;>*-■ ***1? < i iSJEfrA j Ii- S "v V„: V > i f Wa art Jean's oldast trust bank and command toy position in tha Mitsui Group. Our sarviaat ara wortdwids in saopa. Wa hava
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      662 2 -IR-OIE CBOSSVORD CRYPTIC PUZZLE ACROBS 3 Bicycle part, outwardly the bell (5) 8 Imitate some mice again (5) 10 Stan's game, we hear (5) 11 Piratical traitor (3) 12 As sung in a sari? (5) 13 Where to hurry for something to eat (7) IS Timber used In making cradle
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  • OVERSEAS
    • Article
      Lock icon Support is likely for expanded currency group
      300 3 Reuter THE EEC summit In Bremen next month appears reasonably likely to result In a broad declaration of support for an expanded European currency grouping, German government and monetary sources said In Bonn. No detailed decisions on the form of such an association
      Reuter  -  300 words
    • Article, Illustration
      When you carpet the ocean
      98 3 A CONCRETE "carpet" has bom designed to purtei'i su>V jSSSSSESSSSEStsS used so far. One of the major problems connected with submarine pipelines is their protection from mechanical damage, for instance from trawls pulled ever them by ium»| veeeels. The concrete carpet, which can be produced
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    • Article
      Swiss banker sees subdued forex
      497 3 SWISS National Bank president Fritz Leutwller expects quieter exchange market conditions in coming months than those seen during last winter. It remarks prepared .for delivery to the Rotary Club of Liechtenstein In Vaduz, Switzerland he said: '•I set my hopes thereby not so much on
      497 words
    • Article
      Lock icon Emergency aid deal for Zaire detailed
      308 3 AFP WEST Germany, Canada and several multinational bodies have given details of their contribution to the Western emergency aid package to Zaire, estimated at between US$lOO million and $120 million (between Ss23o million and $276 million). A spokesman of the Belgian Foreign Ministry also
      AFP  -  308 words
    • WORLD IN BRIEF
      • Article
        INFLATION UNBEATEN
        523 3 VIETNAM'S six-week-old operation replacing the country's money with a new currency has resulted In a new economic structure but has not yet halted inflation. Bank of Vietnam vicepresident Le Due said the currency changeover was completed in three ana a half days beginning on May 3 and was
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    • Article
      Carter's veto threat hangs over spending bills
      386 3 PRESIDENT Carter called on Congress on Wednesday to exercise restraint In spending to hold down the Federal budget deficit and to set a good example for the wace and price decisions of the workers and businessmen. Mr Carter made this appeal and a
      386 words
    • Article
      Lock icon Canadian bankers point out flaws
      237 3 Reuter CANADIAN bankers believe proposals to amend the country's Bank Act are Cnerally constructive and the public Interest. The president of the Canadian Bankers Association, Gordon Bell, said at the association's annual meeting that the proposals nevertheless fall to deal with the fundamental problem of
      Reuter  -  237 words
    • Article
      Lock icon BUMPER SUGAR CROP WILL ADD TO BULGING SURPLUS
      240 3 AP WORLD sugar production this year Is larger than previously estimated and will add further to bulging surplus stockpiles, the US Agriculture Department said. The drpartment's Foreign Agricultural Service said that 1977-78 production now is expected to total a record of 90.7
      AP  -  240 words
    • Article
      Credit for Consorzio
      61 3 CONSORZIO dl Credito per le Pere Pubbliche, an Italian public sector longterm lending agency, has signed a US$l75 million (*****.5 million) syndicated Eurocredit in London. Citicorp International Oroup, co-lead manager, said the credit, which carries a Republic of Italy guarantee, has a spread of one per cent
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    • Article
      Eurobond 9pc yield fails to lure investors
      950 3 MANY quality dollar Eurobonds are now offering yields of over 9 per cent but Institutional Investors are > continuing to hold back from the market because of fears of US interest rates ln- > creases, London market i sources said. With other shorter
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    • Article
      Witteveen bows out today
      243 3 JOHANNES Witteveen leaves the International Monetary Fund (IMF) today after steering it through Its toughest five years so far. During his term as direc-tor-general, the fund has had to cope with the aftermath of the abandonment of the Bretton Woods monetary system. It has struggled to
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      31 3 GERMAN FORWARDER ENGLISH SPEAKING 26 EXPERIENCED IN HEAVY HAULAGE AND PROJECT TRANSPORTATION IN MIDDLE EAST AND INDONESIA IS LOOKING FOR EMPLOYMENT BASED IN SINGAPORE PLEASE REPLY BUSINESS TIMES BOX NO. 5250
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      Page 3 Advertisements Column 2
      135 3 Why Reduce 4 i v<v \V Ss&m f y? •< s V.: A •W Vf 14 v >:* f-, > ■v M 5 -a 7 m ".a *r Of h <•(!••: n ,s' ,i 'f> if i-l ..r (,i .t(j y oMi<>- ;Vi if '.'(.oni f („'v».lsV" .lH<! OTM• r
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      476 4 OPENING prices yesterday were marked lower In the Singapore rubber market, following lower London advices. Values, however, recovered slightly on the reserve of sellers. Prices, steadied Just after mkl-day and towards the morning close, the market continued quietly steady. The morning session closed slightly lower, with
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    • Article
      RAS PRICES
      307 4 R A S. prices In cents per kilo yesterday: Noon (per kilo) Cloae (POT kilo) Int. 1 R.S.S. prompt f.o.b. Int. 1 R.S.S. July Int. 1 R.S.S. August 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 230.00 230 50
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    • Article
      SSR AND SMR
      97 4 NOON SSR and SMR prices yesterday: July Au|uit HAS ■IQMII mi (Forward Mtk) Buyei n Seller* Buyt n Saltan nuperkg) s •top* kg) SSR 20 (1-ton Pallet) 213.00 21S.OON 214.00 216.00N SSR SO (1-ton Pallet) 211.00 213.00N 212.00 214.00N M.R.E.L.B. SMR 5 CV< 1-ton Pallet) 240.00 242.00N
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    • Article
      Hongkong comex
      191 4 THE SUGAR futures market closed U50.05 cents higher to 0.15 cents lower In continued quiet trading yesterday. Four lots were traded against Wednesday's 20. The Hongkong dally spot sugar price eased 0.05 to 7.10 cents, while net open positions after Wednesday's trading totalled 49 lots. SUOAR futures closing
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    • Article
      SPOT PRICES
      190 4 YARN and cotton in Hongkong dollars, not ex-godown: Cotton Yarn: China Blue Phoenix 20's 1.720. 32's 2,100. 40 s 2.240, (per bale of 400 lbs). Piece Goods: China Butterfly and Olobe Brand unq, Dragon Head unq. Five lambs unq. Flower and Butterfly unq. Plying Oeese unq. (per piece
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    • Article
      Palm oil
      86 4 C.I.F. North European ports, in US dollars per ton unlet u otherwise stai LONDON: Warfaasdajr PrtvioiM Malaysian 5% (fa bulk per tonne Au« MO sir 500 sir Sumatra 5* fta bulk June unch 460 689 pd Jiy unch 680 647.90 pd August September 590 567* pd 567.50 pd
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    • Article
      Closing prices
      30 4 Rubber: June 18 Sisc&Dort: July 239.00 cents (down 1.75 cents) Malaysia: July 235.7S cents (down 1.7S cents), Tin: MSI.7M (up $18) Official oMsriaf: 270 lirnars (up 2S tonnes)
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      Cocoa
      251 4 FUTURES in London opened mixed yesterday morning. Futures were up C 6 near September to £5.5 down in the near July contract in a very small volume of six lots. Traders said the gains in September brought the market back into line after selling of the September contract in
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    • Article
      Rice
      189 4 BANGKOK rice prices were quoted as follows yesterday: In US dollars per tonne F. 0.8.. basis Bangkok) White rice: 100 pet let class 442,100 pet 2nd class 427.100 pet 3rd class 422. 5 pet 413. 10 pet 400. IS pet 3«2. 20 pet 387. 25 pet 377. 35 pet
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    • Article
      Produce exchange
      341 4 THE SINGAPORE produce market was quiet yesterday, but prices held steady throughout the day. Fluctuations of prices on overseas markets made buyers turn cautious and trading on the coffee market was light. Meanwhile, activity on the pepper market was confined to book-squaring accounts as no pepper arrived from
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    • Article
      Coffee
      377 4 ROBUBTA futures In London ended between £12 and £37 per .tonne higher yesterday morning. Turnover was 247 lots. Smtember gained £19 at £1,677 after trading at a high of £1,683 while November rose £21 at £1.610. Dealers said trade house and local dealer activity was confined to the September
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    • Article
      Soybean
      224 4 SOYBEAN futures In Chicago again were under liquidation pressure on Wednesday, falling to within one cent of 30 cents a bushel limit losses in July and August in late trading before closing well above the session's lows on shortcovering. July finished at U556.65 a bushel, down 20-1/2 cents, August
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    • Article
      Wheat
      197 4 WHEAT futures In Chicago closed cent a bushel lower to Vi cent higher on Wednesday, displaying some resistance to heavy losses in other pits. Prices covered a threecent range to either side of the previous close, with trading light through most of the session. Fluctuations were Influenced by trends
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    • Article
      Lock icon EEC TAX ON TAPIOCA
      100 4 Reuter THE EEC should impose a tax on imports of tapioca, or manioc, from Thailand to prevent them flooding the market, French Wheat Producers' chairman Philippe Neeser said. Imports had grown to 4.3 million tonnes this year, compared with 800,000 tonnes five or six years ago.
      Reuter  -  100 words
    • Article
      Straits tin
      187 4 THE BTRATTB tin price in Penang yesterday rose another ftttll to 91,796 per picul on an official offering up 29 tonnes to 770 tonnes. Prices strengthening cm follow-through buying demand from all sources, especially the US and Japan, aided by the overnight rise in London. In LONDON yesterday,
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    • Article
      Sugar
      258 4 FUTURES in London yesterday morning opened in line with overnight kerb levels and £0.05 to £0.25 below Wednesday's close in quiet trading. Volume was small, witn a total of 912 lots at the end of the opening call including 847 on the kerb. The LDP was left unchanged at
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    • Article
      TAIWAN ACCEPTS WHEAT, BARLEY
      124 4 NEARLY US*B million (Ssl9 million) worth of wheat and barley will be shipped from the US Pacific north-west to Taiwan this summer. A 36-member delegation from Taiwan accepted an offer from CargiN Inc., for 26,000 tonnes of barley at $2.9 million, and a bid from Oarnac
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    • Article
      Duty rates
      68 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from June 15 until further notice: Bafcfcar: 223*. centa per kilo Cm: MNN M a ton Pab bnri: MS23B 03 a ton The rata* of duties payable art 44* cento per kilo (research ceaa one cent
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    • Article
      Chinese buy US soybean oil
      257 4 CHINA bought 15.000 tonnes of U8 soybean oil last week for July shipment. The business was said to be original and not part of an old deal or a substitution for another origin. Last week, the cash and futures soybean oil market was rife with
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    • Article
      Copper
      439 4 COPPER wn-ebar# In London finished the morning with losses of £17 for cash and £11 tar three months yesterday. Values were nmrked down on the early pre-market, 'with heavy stale bullliquidation evident following the overnight declines at New York. But traders reported good general physical enquiry at the lower
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    • Article
      Lead
      74 4 LEAD finished the morning with losses of £4.75 for cash and £5.25 for three months in London yesterday. The downward trend in copper prompted continued liquidation down to £312 for three months In the ring before short-co*rfrftig ana some profi-tanng purchases steadied the position to £314 on the kerb.
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    • Article
      Zinc
      70 4 ZINC yesterday finished the morning down £8 for cash and £8.5 for three months in London. This metal came under fairly aggressive pressure from liquidation and some stoploss selling down to £316 for three months during second ring dealings Short-covering subsequently steadied the market and three months traded at
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    • Article
      Gold
      318 4 THE KI LOBAR 1 In Singapore yesterday opened at 5515,802 and cioeed at 3515,800 Spot gold for London delivery opened at U*****.10/40 and closed at uaiiss.oo/so. The London morning fix was D891C2.55, down $1.15 from the previous fix. ThT S HONSKONa gold market was closed yesterday for the Chinees
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    • Article
      Silver
      234 4 SILVER on the LME gained mostly 1.9 pence on Wednesday afternoon. The afternoon ring was steady in line with US futures and gold although values sllppkl back on the kerb under proflHaklng following a turn round at New York. Three months finished the kerb trading at 297.5 pence compared
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    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        459 4 THE US dollar strengthened against major currencies on the foreign exchange market yesterday. In the yen counter, the dollar was traded at new lows although It* managed to recover from Its opening level here. Against the yen, the US dollar opened at 215.90/50 and fell to 215.10/20. However,
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        Asian $ and CD rates
        177 4 Asian and CD rates ASIAN currency rate* u at clow dcpoalt interbank on June 15 USDaliai Ofhr VF" 7 dayi TV. 7% 1 mtl> a 2 mUis gv, 3 mtfu'. 8 7/16 < mths 7/1S mthi 19/16 0 13/10 12 mUu a s» Plra. immwh Dm. ins) 1H 37/10 m
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        Discount
        48 4 RANGE of price* offered by discount houaet on June 15 Overnight M to >*« Call depoalu 3** 3-month Treuurybilla 3- month Bank Mil* 3-month CD 6- month CD Bvkw 3 1/4 15/16 4 19/1* s i/a 3 1/1 4 13/16 4- 11/16 5 Source: National Discount Co Ltd
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        MLR
        22 4 THE average rate at which Singapore banks are currently prepared to lend to their best custom era is 7 per cent.
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        Australia/NZ
        37 4 AU8TRALIA/1VZ exchanges quoted on June IS. ADSTRAUA; U8 OoUar 1.1JM/1JM SUfttne 0 t347/« «m Mil tavinc r»(M OS ddM 11T1J Mbm|-4v (anmrd t«tat ntw Surttac om OB An 1.1MI «W ZKAUUTD ewn* eayTM $6«a iMmnjmm r
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        Zurich
        41 4 ZURICH exchanges closing quotes on June 14. us l.WH MSB 1.4606-40! Qui 1.M31-M4A Omk 80 SM3-41M Dfl M.377S-7K22 rtr ti.tM-un Bfr».77K 78M Dkr S3 4TTS-4644 Jto HB3S-3S 007V L* *md>u.ne im Jwt 4. USB-14)4 Spam U716-S740 Alt S.M-M Y«n S.STT1-C7S4
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        New York
        231 4 THE DOLLAR closed firmer against major currencies on Wednesday, Including the yen, In fairly active trading. The Japanese currency rose to about US 0.4650 cents or 215.05 yen to the dollar, at one point before retreating to close at 0.4632/37 cents, primarily reflecting profit-taking. It opened at 0.4640/45
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        London
        193 4 THE DOLLAR yesterday moved higher against most currencies in opening trading, helped by buying in New York on Wednesday night, firm Eurodollar rates and expectations of higher US interest rates. Sterling was weaker, sharing the general trend, after the UK government survived a parliamentary censure vote against Chancellor of
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        Tokyo
        176 4 THE US dollar for overnight delivery yesterday closed lower at 215.40 yen, compared with a 215.50 opening and 217.00 at Wednesday's close, after falling to 215.00 at one point. Trading was heavy, with volume US$6l5 million. Some dealers believed the Bank of Japan bought a total of between $20
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        Hongkong
        94 4 THE U8 dollar eased against the yen In line with Tokyo In active trading yesterday. The dollar fell to 215.20/40 yen from 215.06/00 In New York and from Hongkong's 216.06/75 rlnec on Wednesday. The dollar eased slightly to 2.0600/96 marks from New York's 2.0000/10, but roee from Its 2.0022/32
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      • Article
        Euro $ rates
        106 4 Euro rates EURODOLLAR deposit rates hardened In relatively active trading yesterday. Near term periods were adjusted up to higher on the loss of the Prtday dealing technicality, and then firmed by 1/16 to 1/1 as the market reacted to further Indications*) f tightening US credit doUcv. Longer term funds showed
        106 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      63 4 WE BELIEVE IN SHOWING 0FF.... a complete collection of high quality Chinese antiques and works of art. Examine, piece by piece, the artistic heritage of a great civilization at our Gallery recently expanded for your comfort and privacy. Chinese tw«-h«ad*d 18th century. A < I RWOK s GALLERY nt in
      63 words
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  • TRANSPORT
    • Article
      Seoul aims to be top shipbuilder
      796 5  -  ■y CHAN BONG SOO SOUTH Korea has set Its sights on being one of the major shipbuilding nations in the world by 1961 with a projected capacity of 4.25 million gross tons of which an estimated 1.14 million gross tons will be exported. According
      796 words
    • Article, Illustration
      PENANG'S RO-RO RAMP
      140 5 PENANG'S new shore-based ramp (above) for roll-on/ roll-off vessel* came into service recently with the arrival of the Anro Asia, one of the three new Anro vessels servicing the South-east Asia-Australia trade. The 20.5 metre ramp is a feature of the new Ms 24 million port development
      140 words
    • Article, Illustration
      SHIPS IN PORT
      459 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bengloe (hauls after Siena) 31/32 Da Shi Qiao (BOVE) (after Olorlus Trader) 13/14 Emma Bakke (after Talisman) 47 Kota Ball (1500) 3/4 Kaga Maru (JFJK) (after Olorlus Trader and Da Shi Qiao berths) 15/16 Phrontls (after Bengloe hauls and Ibn Hayyan) (Group
      459 words
    • Article
      Lock icon British Airways to land more no-frills travellers
      328 5 AP Reuter BRITISH Airways Is oontemplatlng a three-class sw »Ins from London to New York next year to attract the increasing number of "■o Mils" passoagsrs. The system, subject to government approval* would change the cabin plan of wide bodied planes to include
      AP; Reuter  -  328 words
    • Article
      Lock icon Unions call for more Concordes
      125 5 AFP FRENCH and British trade unionists urged their governments to build second generation Concordes with a longer range. The Metal Workers' Federation of the General Confederation of Labour (COT) and the British Aircraft Corporation (BAC)-Rolls-Royce liaison committee said in a Joint communique in Paris that
      AFP  -  125 words
    • Article
      John Bakke is on maiden trip
      242 5 KNUTSEN Line Introduced a new ship, the John Bakke, to the port of Singapore yesterday. The 22,500 dwt vessel, which is on its maiden voyage, is the first of two ships of its kind. Its sister ship, now under construction at Kawasaki Shipyard, will
      242 words
    • Article
      Lock icon LONDON FREIGHT
      189 5 UPI ATLANTIC bulker rates continued their slow decline on Wednesday, whenTradax fixed the Konkuc Indomitable at US$O.75 (8919.50) (FIO) with 00,000 tonnes for June 19 to 20 shipment from the US Oulf to Holland. Other pain fixing in a quiet US Oulf area Included a 34,000 tonne movement
      UPI  -  189 words
    • Article
      Sky is the limit for KL private airlines
      366 5 THERE is good scope for private airlines in Malaysia and (ears of excess capacity are unfounded, claims one operator. Mr Nathan Subramanlam, the general manager of Malaysian Skyways Airlines, a Malaysianowned company, said that contrary to views held by certain operators, the
      366 words
    • Article
      Lock icon Landing in Macau in a whirl
      249 5 AP TWO Macau businessmen announced on Wednesday that they have received approval In principle from China to Inaugurate a helicopter passenger service between Macau and Hongkong. Businessmen Stanley Ho and Ho Yin, shareholders in a company which now operates a hydrofoil service between the
      AP  -  249 words
    • Article
      Fokker-VFW's Tokyo mission
      153 5 THE president of a joint West German-Dutch aircraft firm will arrive In Tokyo next Tuesday to sell a medium-size commercial plane to two Japanese domestic airlines. The Tokyo office of Fokker-VFW International said its president, Alan Buley, would meet Transport Minister Kenji Fukunaga and officials of TOA
      153 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      769 5 ARRIVALS Oi.hu Local Operator Nimi* i In. 2J/Val Page 5/Alr/B. Tlm« CAL CI331 0040 PAA PA005 0115 MAS MH601 0700 MAS MH682 0725 SIA SQ101 0615 MAS MH621 0840 MAS MH607 0845 MAS MH671 0945 CPA CX710 1005 OIA OA980 1030 SIA SQ911 1035 SIA SQ103 1045
      769 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      103 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****5S -f Call US for you. local or onward reservations This issue has tatn completed This announcement ipptw as a matter of record. June 1978 dss KUALA LUMPUR KEPONG BERHAD New Issue ol 15,000,000 Ordinary Shares of $1.00 each at $1.15 per
      103 words
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  • Article
    A good answer to Hongkong
    398 6 THE Monetary Authority of Singapore's latest move to liberalise offshore banking rules looks like a good answer, for a start, to competition from Hongkong. It will broaden the range of business which offshore banks .In Singapore can do although, for the present, most offshore banks
    398 words
  • Article
    Bring POSB under Banking Act
    250 6 THE Post Office Savings Bank Is again showing that It has every Intention of expanding Its activities as a commercial bank rather than as the national savings bank. Its participation In the consortium loan to Straits Steamship Is a clear expression of Its desire to
    250 words
  • Article, Illustration
    Lock icon The hollow boom behind Japan's economic miracle
    1094 6  -  THE JAPANESE MASK COVERS THE TRUTH WE ALL KNOW about transistor radios and video cassettes, cherry blossom and kimonos, polished cars and well-pressed school uniforms in short, about affluent Japan. The historical, picturesque and traditional of course still play an important role in
    NYT  -  1,094 words
  • Article, Illustration
    WHERE THE PAST IS ALWAYS PRESENT
    855 6  -  ■y CLIVE JAMES JAPANESE shed no litter. Nor is the city air any longer polluted the only remaon that you tee some people wearing gauze masks is that it is considered bad manners to give other people your cold. But they are not just
    855 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      253 6 Hotel ROyaIRAMAM Newton Road, Singapore 11, Republic of Singapore Telephone: *****1, Tele*: RS-***** Cables: HOTELROYAL zr< w 17V r JW 8* c./Jirr) Havelock Road S pore 3. Tel: *****1 t ion bar presents TotoSHtsKtts Th« Jackson 5 of Manila Don't miss the exciting sounds of Toto it His Kids. This
      253 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      58 6 OUTLOOK for Singapore from 6a.m. to noon today: FatT: Report for 24 hours prior to 7.30 p.m. on June 15 at the airport: Maximum Temperature 33.4° C Associated Humidity 55 Minimum Temperature 24.4° C Associated Humidity 97 Hours of Sunshine 10.90 Rainfall in Millimetres nil Total Rainfall for the Month
      58 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      263 6 T~ 7 t I jl SINGAPORE 5 M' u -V 3.00 PM Opening announcements followed by Housewives' Matinee The Brothers A Mandarin film (Repeat) 4.35 Intermission 6.05 Opening announcements followed by Exercise With Gloria 0 6.30 News in Brief 0 6.35 The Tony Randall Show Case: The Prodigal Father Returns
      263 words
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  • Article
    Lock icon Hongkong's railway is on the right lines
    397 7  -  S3* PAUL MAJENDIE Reuter HONGKONG, hive of humanity and traffic Juu, is tunnelling ortrfth tranoport pr.hl— by building underground railway oUMichedule and even ...Jhe teeming moUopolis Lai been turned upeide down with roads up everywhere, shopkeepers climouring for compensation and the vmnkie vmSSt*
    Reuter  -  397 words
  • Article, Illustration
    Lock icon Ad men view sexploitation with a very critical eye
    1117 7 Dilemma is causing strains between corporate and product management NYT PRIME time television's growing preoccupation in the US with sexual themes and innuendo, a trend that is expected to accelerate during the autumn TV season, is causing widespread concern in corporate
    NYT  -  1,117 words
  • Article
    STRAWS IN THE WIND
    596 7 A*FORffION newcomer £6 <%r shores tells me that when he heard the phrase "ad hoc" used in a meeting here the other day, he was none too sure whether it jpas Indeed the "ad hoc" he -was familiar with, or another of those strange local Chinese
    596 words
  • Article
    A Burns in Miller?
    982 7  -  FOBraU ...0D economics •y CLYDE FARNSWORTH WHEN HE denounces Inflation and all its evils, he sounds and acts so much like his Immediate predecessor that some people say O. William Miller Is outBurnslng Arthur F. Burns or, In the vogue-lsh phrase, has become Dr. Burns' clone.
    982 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      350 7 T ss -i" Lunch TODAY OKOH > t W a W9 *2 > i 3 branches for your convenience SINGAPORE OKOH Supreme House, Penang Road. Tel *****1 OKOH OF GINZA Hong Leong Bldg Raffles Quay. Tel *****81 JJ KATSURA Orchid Inn, Dunearn Rd Tel: 531 122 I" r You 11
      350 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Yen strength brings market lower
      582 8 TOKYO THE Nikkei Dow-Jones Average yesterday fell below the Y5.5G0 level again due to continuing appreciation of the yen. Turnover was relatively light although large-capital issues were bought. The market opened firm, centring on domestic Industryrelated issues, although the yen exchange rate against the dollar
      582 words
    • Article
      Sydney
      354 8 THE market yesterday closed mixed with copper stocks and some speculative shares easing, dealers said. Following US copper price cuts, Bougainville fell four cents to $1.25 while Mlm and Western Mining fell three each to $2.20 and $1.63 respectively. BHP was unchanged at $7.20 while CSR and TNT fell;
      354 words
    • Article
      Manila
      151 8 THE market yesterday closed lower across the board, with turnover rising slightly to 5.35 million pesos from Wednesday's 4.99 million. Mining issues reacted to sudden drop of copper prices, and oils also declined apart from Oriental, which rose one point. San Miguel lost three points while other commercial issues
      151 words
    • Article
      Bangkok
      142 8 JUNE 15 Bahts Asia Fibre 256 ♦4 Bangkok Bank 371 2 Bangkok Invest Bangkok Me t ropolttan Bank Bata 700 -10 BerllJucker Carpet Intnl CharoongThal Wire 282 •2 Dumex Duslt Than! Faber Merlin First Trust 431 14 Genera Finance 346 -2 Indo-Thai Industrial Finance Corp 2445 10 J And
      142 words
    • Article
      Selected indices
      57 8 FINANCIAL TIMES INDUSTRIALS Wednesday 471 9 Tuesday ***** to 114* H.K. HANG SENG Tuesday 4 74 fl Week Ago 474 9 DOW JONES AVERAGE INDUSTRIALS Wednesday 854 56 SYDNEY INDUSTRIALS Thursday 427 37 Tuesday 850.98 Week Ago M1.92 LONDON DOLLAR PREMIUM Wednesday 112% to 113H ALL ORDINARIES Thursday
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    • Article
      Shares close mostly higher
      172 8 El RHI'KAS MA RK!-riS EUROPEAN bourses closed mostly higher on Wednesday. In ZURICH, prices moved •lightly higher In moderate trading underpinned by the Bwlss Commission for Economic Affairs favourable report on the outlook for the economy, dealers said. In FRANKFURT, share prices closed firmer on domestic
      172 words
    • Article
      Amsterdam
      216 8 jyNK FU ABN 35# 00 4 Ahold 106 00 -0.5 Akzo 30. 50 unch AMEV 86 50 -0 7 Anitas ***** -0 8 Amrot Bank 75.10 +0.8 Bergoss 5300 1.2 B«rk 96 50 -1.5 Bols 74 30 -0 3 Borsumij Burhmann 73 00 -0.5 Byenkorf 91 00 unch Calve
      216 words
    • Article
      Paris
      257 8 JUNE 14 Fr* CORBEILLE Alr-Uqulde BS N Gervals Danone C 8 F (ThomsonCsf) Cie Franca lse des Petroles Compagnle Financier* Compagnle Generate Credit Fonder De France Hachette (Libraine) Machine* Bull Michelln (B) Panbas Pechlney CI fine Kuhlmann Peugeot Philip*(Nv Gem Bent) Prtntemp* 8 A Rhone- Poulence SA Royal Dutch
      257 words
    • Article
      Jo'burg
      347 8 SELECTED gold shares were firmer on Wednesday with afternoon interest from London evident. Dealers said trading was moderately active. Mining flnanclals reflected gains by Gold Fields at 2200. 20 cents up, and Anglos at 555, three higher. Diamond shares advanced with De Beers 10 up at 018 and Anamlnt
      347 words
    • Article
      Milan
      102 8 JUNE M i Anic 08 -1.25 Assoc Oen ***** 110 Bastogi 465 +5 Centrale 3690 10 Futl 1810 +2 Finsider 97 25 +0 25 Gen Immob 73 -0 25 IFI Pri 2234 +5 Italcementi ***** -20 Ilalg&s 890 •1 Ilalslder 183 1 25 Ma«neti MP! 476 50 -3.5 Marelll
      102 words
    • Article
      Frankfurt
      197 8 JUNK 14 Dm Aer-Telcfunken 83 20 -0.4 Akzo 28 «CB Allz Leben AU2 Vers 474 2 5 BASF 140 80 10.9 Bay H T Wbank 278 ♦2 Bay Vbank 314 3 Bayer ***** 1.1 BBC 302 SOB +4.5 BMW 243 1.5 Cassella 347 -3 Chetn Verw 250 ♦7 Commerzbank
      197 words
    • Article
      Brussels
      94 8 JUNE M Fn FORWARD MARKET Acec 300 +8 Arbed 2300 -5 Astur MO -10 Braacan 403 ■••7 Bru-Lamb 1500 unch Canpac M0 unch Cock 450 unch Dr Beers 173 ♦3 Ebes 2250 10 Eleclrobel 6460 -20 Ob-Inno-Bm 2040 25 Oev 1290 ♦8 Hobok 2450 ♦5 Petro 3855 15 Ryl
      94 words
    • Article
      Zurich
      184 8 JUNE M Francs Actions Sulsaes M3M Alusulsse Br 1285 unch Alusulsse Reg 508 12 Brown Bowl Br 1645 10 ClbaOelgyBr 1155 25 ClbaQelgyPC 880 30 Clba Qelgy Reg. 804 ♦0 Credit Suisse Br 2196 20 Credit Suisse Reg 408 1 Dektrowatl Br 1740 15 George Fischer Br 880 IS
      184 words
    • Article
      Hongkong
      315 8 WITH the market continuing to soar In London overnight, the market must have added 6 points yesterday morning without a trade being done and continued to gain In post 1073 record turnover. Brokers' analysts called the market crazy but continued to advise their clients to buy. Once again, blue
      315 words
    • Article
      Prices weaken in active trading
      1230 8 NEW YORK RECENT strong Institutional support for stocks (altered and prices weakened in active trading on Wednesday. Analysts said the weakness was .ominous because volume was well above 90 million shares. Most market pullbacks since mid-April have been on lesser volume. "It looks like we've
      1,230 words
    • Article
      Toronto
      382 8 SHARE prices closed higher In heavy trading on Wednesday, with the Composite Index up nearly four points and advances leading declines 271 to 189. The oil index, up 20-1/2 points, led the nine rising sub-groups. Dome Pete rose 2-1/4 to 051/2, Home Oil A two to 42, Texaco Canada
      382 words
    • Article
      CHICAGO BOARD OPTIONS
      1414 8 June 14 VOLUME on the Chicago Board Options Exchange expanded to 142,922 contract* from 107,878 contracts on Tuesday. OPTION JLY OCT JAN STOCK Alcoa 40 43/9 51/2 61/2 44 Alcoa 45 11/2 3 4 44 Alcoa 50 11/4 3/9 17/9 44 Am Tel 56 UNTRD 7 NOL
      1,414 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      208 8 sys =ANDREA= NEWMAN in Penguins gains the tense momentum of thriller m 1 Another Bouquet is Andrea Newman's sequel to A Bouquet of Betted Wire. dead, but Gavin and Manson cannot let her go. Her presence llngars in the tc relationships of the people who know her. And the shifting
      208 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Belgian bank plans to raise dividend
      171 9 KREQIETBANK Is proposing to Increase its dividend from BFr 265 to BFr 290 per old share for the year ended March 31 last, and to pay a dividend of BFr 145 per new share. The Belgian bank announced that its balance sheet total rose
      171 words
    • Article
      Lock icon Peugeot confirms Taipeh contract
      127 9 AFP THE Peugeot Motor Company confirmed in Paris the coming Into effect of a contract with the Taiwanese firm Yeu Tyan Machinery Company (YTMC) to assemble 2,000 504" saloon cars a year in Taipeh. The agreement, concluded in 1976, has enabled the YTMC to build a
      AFP  -  127 words
    • Article
      Lock icon Boussac Textile
      67 9 Reuter THE Paris commercial court said it appointed a liquidator for the Boussac Textile Group. The group has got Into Increasing financial difficulties due to the poor state of the domestic textile market. Industry sources noted. This ruling replaces the granting earlier of a T 'temporary suspension of
      Reuter  -  67 words
    • Article
      Oyak-Renault may double its output
      442 9 EUROPEAN RENAULT. The French motor group, Is considering plans to expand production at its associate company In Turkey to more than double its present capacity of between 40,000 and 50,000 units a year. The Turkish concern, Oyak-Renault, in which the French company has a 44
      442 words
    • Article
      ICI expects fibre demand to rise
      273 9 ICI fibre prices are to rise by 13-14 per cent for most fibres and yarns from July 1, In the first general Increase since the beginning of last year. The move, which could be followed by other European producers, reflects the company's belief that
      273 words
    • Article
      FULLER TO EXPAND ITS BREWERY
      221 9 THE brewing group, Fuller Smith and Turner, which has benefited from the revival of interest in traditional beers, Is to spend £3million on the second stage of developing its Oriffln Brewery at Chlswlck, West London. To help finance the project the group, a public but
      221 words
    • Article
      CGE raises earnings
      42 9 CIE Generate d'Electrlcite announced net 1977 consolidated profit including that accruing to minority Interests of 390.1 million francs (300.3 million). The group's share of profits was 273.5 million francs (227.7 million). Consolidated cash-flow was 1.07 billion franos (805 million
      42 words
    • Article
      Lock icon Tenneco agrees with Albright & Wilson
      146 9 Tenneco agrees with Albright Wilson Reuter LONDON: Tww head Albright and Wilsoa Ltd •aid they have reached M tOTBS tIM acquisition of the M.9C Willi— ordinary Albright ■ham net praaaiatiy ownad by Tanneoo. Teunaco will play 191 f cash for evary 28 p Albright and Wilson ordinary share and 70
      Reuter  -  146 words
    • Article
      Income down at ABF
      105 9 ASSOCIATED British Foods Ltd announced pretax profit of £77.63 million (£80.36 million) for the year ended April 1 on sales of £1.68 billion (£1.49 billion). Second Interim dividend came to 1.5226 p (1.3632 p) making total of 2.3181 p (2.0754 p). Earnings oer share were 9.67
      105 words
    • Article
      Badger supply
      89 9 LONDON: Badger Ltd, a Raytheon company, said It has received a letter of intent for design, engineering and equipment supply for a 40,000 tonnes synthetic rubber plant forinaIndustrlja Nafte, Zagreb, at the Ina refinery in Slsak, Yugoslavia. The plant will be built by the Yugoslavian company Ina Engineering
      89 words
    • Article
      STRATEGY PLANNED AT NASHUA
      247 9 IN Its 1977 annual report, Nashua Corp makes graphic the transition it has effected during the past 20 years from a paper converter to a specialist in discrete particle technology whose province It Is to furnish the supplies for other more commonly recognised advanced technology, and
      247 words
    • Article
      Gulf & Western dividend up
      189 9 Gulf Western dividend up OULF and Western Industries Inc said it raised Its quarterly dividend to UBl71/2 cents from 16-1/2 cents a share, payable July 1, to shareholders on record on June 19. Oulf and Western announced third quarter (ended April 30) earnings per share of 84 cents compared with
      189 words
    • Article
      Singer headquarters
      48 9 SINGER Co., a worldwide manufacturer of sewing machines and related f>roducts, said It was movng Its world corporate headquarters from New York City to Stamford, Connecticut, during the summer of 1979. The company employs 430 executive and clerical staff at Its current Rockefeller Plaza corporate location.
      48 words
    • Article
      Lock icon Occidental gets stake in Husky
      340 9 N AMERICAN UPI OCCIDENTAL Petroleum Corp. has acquired a major Interest In Husky Oil Ltd. and the two firms said they would Include PetroCanada and the provinces of Saskatchewan and Alberta In the development of oil reserves In Western Canada. Occidental said on Tuesday It
      UPI  -  340 words
    • Article
      Lock icon Squibb comes up with new drug
      249 9 Reuter WALL Street analysts Just six months ago were saying that Squibb Corp., a diversified pharmaceuUcal concern, appeared to have no significant new drugs on the horizon. Apparently they were wrong. In early May, the first clinical test results were reported for Squibb's "capto
      Reuter  -  249 words
    • Article
      Lock icon PTC suit may aid Coke and Pepsi
      563 9 Reuter WASHINGTON: While Federal Trade Commission lawyers prepare to lock horns with Coke and Pepsi in the appellate courts over their bottling franchise systems. Wall Street is optimistic about the outlook for both firms. In fact, there Is a general belief by securities
      Reuter  -  563 words
    • Article
      Lock icon Rundle may start flowing in 1981
      243 9 ASIAN Reuter PRODUCTION of oil from the Rundle share deposit In Queensland could start in 1981. Central Pacific Minerals NL chairman lan McFarlane said. Central Pacific and its associate company, Southern Pacific Petroleum NL, have a 50/50 Joint venture in the deposit. Mr. McFarlane
      Reuter  -  243 words
    • Article
      Lock icon TNT sells loss making unit
      164 9 Reuter THOMAS Nationwide Transport Ltd (TNT) said it sold its loss making Acme Fast Freight Inc Unit in the US for US$l.2 million. The agreement, signed in New York, provides for adjustment In the terms following preparation of a balance sheet. TNT chairman Fred Millar,
      Reuter  -  164 words
    • Article
      Lock icon Victor of Japan gets long-term order
      130 9 Reuter VICTOR Co of Japan Ltd said It has agreed to supply Britain's Thorn Consumer Electronics Ltd with homeuse colour video tape recorders (VTRS) on a longterm basis. Victor will supply initially over 20,000 VTRS worth three to four billion yen in the financial
      Reuter  -  130 words
    • Article
      Nihon to scrap factory
      131 9 NIHON Ammonia Co. said it will scrap the largest of its factories with a daily production capacity of 1,550 tonnes of ammonia and 1,100 tonnes of urea by Juno next year. The factory, located in Chiba Province southeast at Tokyo, is Japan's largest fertiliser facility. Its
      131 words
    • Article
      Nippon cut
      32 9 NIPPON Mining Co Ltd said it lowered its domestic selling price of electrolytic copper to 340,000 yen per tonnes from 350,000 effective immediately, reflecting a decline In overseas market prices.
      32 words
    • Article
      Lock icon Work starts at Houston Oil
      143 9 Reuter BRISBANE: Houston Oil and Minerals Corp unit, Houston Oil and Minerals Australia Inc. said it has started the initial design, procurement and development stage of the Oaky Creek open cut coking coal project In Central Queensland. X Houston has an 80 per cent stake
      Reuter  -  143 words
    • Article
      Lock icon Esso to drill well in Papua New Guinea
      128 9 Reuter ESSO Papua New Guinea Inc advised Endeavour Resources Ltd the proposed Goarl No. One well in Papua New Guinea should spud In August, Endeavour said. The site Is in swamp country inland from the Papuan Gulf, about 400 kilometres northwest of
      Reuter  -  128 words
    • Article
      Lock icon Ansett wins appeal
      93 9 Reuter THE Australian Federal Court dismissed a Trade Practices Commission (TPC) objection to Ansett Transport Industries Ltd proceeding with Its proposed purchase of Avis Rent-a-car System Pty Ltd. The court blocked the purchase until June 27 to give the TPC time to appeal. The TPC refused Ansett
      Reuter  -  93 words
    • Article
      JARDINE INDUSTRIES TO BE FULLY OWNED
      109 9 THE directors of Jardlne. Matheson and Co., Limited -Jardlnes and Jardlhas Industries Limited (JI) announced that they have agreed terms, which will be recommended to the shareholders of JI for their approval, whereby JI will become a wholly owned subsidiary of Jardlnes. The directors
      109 words
    • Article
      Lock icon Swiss Bank Corp
      88 9 f 1 RON DS LOANS Reuter BASLE: Swiss Bank corp said It will float a 100 million franc 3.5 per cent 10-year loan at par from June 20 to 20 on the Swiss capital market. Proceeds will be used for conversion or repayment of the 80 million
      Reuter  -  88 words
    • Article
      Swissair issue
      56 9 ZURICH: Swissair, Schweize-rlsche Luftverkehr AO will redeem its 80 million franc, 5.5 per cent bond issue due 1984 at eon Sept 10, the Stock hange said. Du Pont de Nemours Interational SA of Geneva will also redeem Its 35 million franc, seven per cent issue due 1985 at
      56 words
    • Article
      TYCO INTL
      45 9 LONDON: The amount of the Tyco International Finance NV convertible bond has been Increased to US$25 million from $20 million and the Issue was Bneed8 need at par, lead manager [ldder Peabody International Ltd said. The coupon was fixed at 8W per cent.
      45 words
    • Article
      Vorarlberger
      31 9 ZURICH: The portion available to non-residents of the 30 million franc, 15year, four per cent loan floated here at par by Vorarlberger Kraftwerke AO was heavily oversubscribed. Credit Suisse said.
      31 words
    • Article
      Natwest
      34 9 LONDON: The National Westminster Bank Ltd US$75 million bullet bond due 1906 has been priced at par, lead manager County Bank Ltd said. The issue carries a nine per cent coupon as expected.
      34 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      180 9 ONE GOOD PUBLICATION THAT'S worth a thousand watts II you're into hi-fi, you'll certainly en)oy reading Tho Craft of Sound a Handbook of Hi-Fi Hints, filled with interesting and essential features lor all hi-li enthusiasts to improve his listening pleasures. Wouldn't it bo worth your while to mako a mors
      180 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1134 10 BB> raSaflv pcteaa aCfktab Matad aadkaOHM la aa« npaMaf ia «h SBCTION ONB INDUSTBIALft Aara (1.848 1.008) (18) 1.98 S^L"iW (4)IJ#CD ABM Gkaa (1.838 1.848) (1) 1 (S) lA MMilmt (3.088) (1)3.00 ft lial (3.378 3.308) (1) MS (21) 3.34 (8) 3.38 (1) 3.M (i) 3.31 (1) 3.38
      1,134 words
    • Article
      Government and corporate bonds
      136 10 4 ft/4% 11/VM (2*0,000) 1100 4SB) ft/4% l/13/ftft (250,000) H 6.068) T r lft/4/ftl (150,000) (106.000) IVVftl (380.010) (100.068 100.758) c% t r ivi*si (lio.ooo) i 106.308) T 1/t/ftft (150,000) (100.458 100 J5B) 1 ft/4% T r IWIM4 (160,000) na.«6B> 7% wvk (360,000) (100.008 101.068) 7
      136 words
    • Article
      Stock options
      38 10 BTBDCD4O ptlM of tha at«k options offldally iwgd Stock of Singapore, the periods, bjp and offer prlew mil Mjalnwi 1-nt yoatantajr. with the number of options traded shown In bracksts. Bia« Darky (Sept $2.00) (0.408 0.488):
      38 words
  • Article
    SHARE INFORMATION SERVICE
    2353 10 lfTS Hi«k Low Coapeay Last flak +erQr'» Dhr Dhr Crr Gr'* Y*M IS Vel C668) Day Hick Lew n SECTION ONE INDUSTRIALS fi 225* n 216 285 H* 210* 47# 492 133 133* 113 186* 60 163 173* 140* 386 384 Ac ma Alcom Allied Choc Bat*
    2,353 words
  • Article
    Unit trusts
    126 10 8D4QAPOBB UNIT TBU0T INCOMB BOND UNIT The Commerce Th* Smvinf Fund 8'pore Prof Fund S pore Security 1.M 2. llad 1 25 l.U. 100 l.M INCOME BOND 1.M 1.11 MABA BUM1FUTBA FUND Fund 8'pore Invest Fund ASIA UNIT l.M 2.02 l.M l.JTxd imuvr MJwH) First Bumlputrm Second Rurnlputrt
    126 words
  • Article
    In Kuala Lumpur
    1602 10 BID and offer prices officially listed and business la 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 speCtflsd. INDUSTRIALS Aaata H.NB) (1) 1.95. Aiminte iJ JOB 2.MS) (J) 2 53
    1,602 words
  • Article, Illustration
    Spotlight on plantation counters
    596 10 MARKET iatereet rotated Stock Backaago of ™tBT Jm/JTIT lH'tlmont rftkamarket wkick nIW late la tke day. A firmtog to prfoee mt prtoea al^Kna^Lumpar RnJsstacDanlop liut»i was Sslfe*? lss 4n 4.00 palate kigker to 100.04. Tke fir* in tkis wetir sprsnd to StoM Darky aad Boat toad
    596 words
  • Article
    KLSE shares end steady
    524 10 BETTER buying interest across a broad front enabled the Kuala Lumpur stock market to climb moderately higher yesterday. Trading was fairly active and the show of support indicated a return of confidence among most market operators who had been lying low for the past two weeks.
    524 words
  • Article
    Kampong Lanjut profit improves
    118 10 ÜBBPITI eVxtng down Its dredge, pre-tax profit at Kampone Lanlut Tin Dredging dm continued to riM. T>j~e further M.6 par cant to 91M mllbon tar the financial mr ending March SI, 19W. Hovmr after a higher tax charft, Um nadtatttn not level showed a more moderate
    118 words
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  • COMPANY NEWS
    • Article, Illustration
      Jardines likely to net $9.5m
      709 11  -  •y MANO SABNANI THE director* of Jardlne Matheson (SEA) forecast the consolidated net profit after taxation and minority interests for the current year ending Dee 31,1978 will be about 99.5 million against 99.29 million last year. The earnings eetlmate Is based on the unaudited group
      709 words
    • Article
      DIVIDENDS ANNOUNCED
      673 11 Current payment Ex Date Book* doM Date payabb Total for the year Total for previous year Malakoff Gen tine FAN (cum Pref.) K.T. Pau Matsushita Cold Storage UMW TuCknf M.U. Untd. Plantations K.G»ifldgs. Roxy Elect. Guinneea (M) New Sereuidah Petaling Tin Setroo Gold Cote Inchcape Ttauna Hldg. Time*
      673 words
    • Article
      SCRIP ISSUES
      204 11 Caapujf Particulars Ex Date Books Close BmLii OriaaUl Hokiiaci Or—t Firtwi Lifc MtkruFhv Strata Tratfag 8UH«M Chaa PwilCLumu M'ri—JuiMllh UMHM 8H»»Ptj»iil BjntMclMtai Sonus Issue of 1 for 2 Bonus issue of 1 for 2 uonus issue or l rora Bonus Issue of 1 for 3 Bonus Issue of
      204 words
    • Article
      Veneer sale
      41 11 VENEER Products Ltd said it sold Its wholly-owned subsidiary, Trengganu Forest Products Sdn Bhd for $650,000. It is currently investigating three other investment opportunities and the sale or Trengganu Forest will make available the necessary funds for such purposes.
      41 words
    • Article
      Genting Bhd
      18 11 GENTINO Highlands Hotel Bhd said its shareholders have approved to change Its name to Genting Bhd.
      18 words
    • Article
      Singapore plant depresses Tong Meng Industries
      298 11 THB deteriorating performance of Tong Meng Industries In Singapore which resulted In last December's closure of its factory here has dragged the group deeper Into loss. Fortunately, the Malaysian operations under wholly-owned subsidiary Tong Meng (Malaysia) appeared to have done better. Results for the
      298 words
    • Article
      Small gain for Selangor Dredging
      129 11 SELANOOR Dredging has stated that Its acquisition of 1.7 million shares of Nylex Malaysia from Associated Plastic Industries may increase Its earnings very slightly. Other than this, the acquisition will produce no benefits. The company, replying to queries posed by the KliiE, added that there
      129 words
    • Article
      Cons Hotel purchase
      53 11 JACK CHIA-MPH has informed the Stock Firhijji of Singapore that the otNr to purchase 1.8 million ■hares in Consolidated Hotels (CHL) has not materialised. This is heoanes the option to purchase the aharee from Moscow Narodny Bank was not exercised by Mr. Jack Chia and the ofhr
      53 words
    • Article
      COMPANY MEETINGS
      474 11 Dutch Baby Milk Industrie* (M) Bhd: AOM to be held at No. 13, Jalan Semangat (Section 13), Pet&ling Jaya, Selangor, at 12 noon on June 16. Kundone Tanjong Pau Company Bhd: AOM to be held at No. 70, Jalan Ampang, Kuala Lumpur, at 2.30 p.m. on June 16.
      474 words
    • Article, Illustration
      Hytex still has a bagful of hopes
      1081 11  -  »y PETER CHIA LOSS-MAKER Hytex looks set to venture Into the black this year. This Is despite the fact that the company Is in dire straits and has a capital deficit of $575,677. Tta auditors have qualified their report. Losses were Incurred for
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  • Article, Illustration
    Signing of project accords put off
    874 12  -  •y COLIN CHEE in Pattaya THE BASIC agreement for the Asean industrial projects and the supplementary agreements for the urea plants to be built in Indonesia and Malaysia will not be signed by the Asean foreign ministers during the 11th annual ministerial session in
    874 words
  • Article
    Lock icon AMERICA VENTS ITS WRATH ON EXPORT CREDITS
    777 12 UPI Reuter US TREASURY Secretary Michael Blumenthal yesterday demanded an international agreement to stop "predatory" export subsidles and warned that unless one is forthcoming the United States will retaliate promptly and effectively. He demanded prompt action on a new agreement that would make
    UPI; Reuter  -  777 words
  • Article
    LONDON STOCKS
    2394 12 LONDON. Thurs. Governbonds firmed and equities m mu the Financial Times Index of 20 industrials closed at 4*0.2, down 2.7. Government bonds were on balance as much as St point higher following the latest UK money supply figures, though prices started to firm after the Bank of England
    2,394 words
  • Article
    Lock icon Japanese decry selective protection for industries
    230 12 Reuter JAPAN rejects the idea of allowing protectionist policies in some industrial sectors. Japanese Minister for External Economic Affairs Nobuhlko Ushlba told the OECD ministers' meeting In Paris that Japan also rejects the Idea of organised International trade. Economic growth Is not possible without
    Reuter  -  230 words
  • Article
    Lock icon UK trade pendulum swings into the red
    414 12 Reuter BRITAIN had a £109 million (***** million) visible trade deficit in May after a revised April surplus of £223 million, while the current account was in deficit by C 49 million after a revised April surplus of £343 million. May exports fell
    Reuter  -  414 words
  • Article
    Lock icon China still wary of foreign credits
    106 12 Reuter THE Chinese authorities do not anticipate a relaxation of its credit policy and foreign credits to finance imports remain unacceptable, the BelgiumChina Association said. Some European bankers have recently speculated on the possibility of China eventually raising credits abroad to finance Imports for
    Reuter  -  106 words
  • Article
    Malaysia asked for rubber carriage pact
    559 12 THE FAR Eastern might Conference entered into a separate merchants' agreement governing the carriage of lfalayelan rubber to Europe at the request of Malaysian rubber authorities. As such it cannot be described as a conference manoeuvre to undermine local shippers. This was stated by
    559 words
  • Article
    More food, less arms
    551 12 HUNGER and malnutrition will spread unless wealthy nations increase aid to the poorer states. This warning was sounded at the closing at the UN World Food Council's fourth annual session on Wednesday in Mexico City. A final resolution drafted for approval said the current food situation
    551 words
  • Article
    Frozen prices likely
    337 12 OPEC Oil ministers will meet in Geneva tomorrow for a two-day price-fixing conference amid strong indications that oil prices are likely to remain frozen until the end of the year. The 13 ministers are also likely to confirm the continued use of the weakened US dollar as
    337 words
  • Article
    Lock icon RED TAPE GIVES THEM THE BLUES
    112 12 AP UPI HIGH TECHNOLOGY American Industries asked Congress on Wednesday to help eliminate bureaucratic procedures for export licensing that they say limit the ability of American companies to compete In world markets. Spokesmen for manufacturers of machine tools, scientific Instruments and computers told a
    AP; UPI  -  112 words
  • Article
    Lock icon Another gold market?
    434 12 Reuter ESTABLISHMENT Of a gold market between central banks, parallel to the pre- sent International fold market, la the moet likely outcome of increasing i recognition of the lmpor- tance of gold as a stable t asset, Moscow Narodny Bank said in its latest quarterly publication. The
    Reuter  -  434 words
  • Article
    Economic issues will dominate dialogue with US
    160 12 THE Aseaa-Uaited States dialogue will ceacentrate oa economic issues, said Foreign Minister S. Rajaratnam in Pattaya yesterday. Protectionism, freer trade, and foes flow of investments from the dsvslopsd to lose developed countries will be discussed, he said. The ministerial-lersl meeting, to he held
    160 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      135 12 MAZDA PICKUP ted (ZD S3 <§> MAZDA VAN E 1600 —/Tv L W ISUZU TRUCK Seve and aarn more money fay ranting a truck. No hugt cash outlay. No maintenance We also enebto you continued service and delivery to your dients if your truck is under repair. Available self-driven eDeity*WeeklyeMonthly
      135 words
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  • Article
    SHIPPING TIMES
    3095 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 Une involved, and the estimated dates bf arrival and departure from Singapore port t fi—wllsim ScanOnteh has a Joint scrtlee
    3,095 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      293 13 Scan Dutch Fast and Regular Service To/From N.C./SCAN/W.MED./iU.K. Singapore: Te). *****. Port Ketong: Tel. *****1, Kuala.Lumpur T o». *****. Penang: Tel. ***** EVERGREEN LINE tEVERGRFEN MARINt CORPORATION FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE auo acceptim cmmo ratSOW*. LJTTMM, KitUT, tUUMNM, KMMUI. TWOU (UIM) S'pM 'MM MM 1M
      293 words
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      Page 13 Advertisements Column 2
      327 13 Sport P Mm| Pwhij Loa4i«|<ar QULFPEMtt. 11/15 My taM/MaHMH cgunmraßTTkiM/uiM- u*m M RHll SHIPPIHG Line (UNITED *»*B EM'IiATES .;V-i p SHJRJ4H SHIPPING I S PTE LTD ORtEN T AI SHI pp MG COP P OBAT 0* Mh Floor Hhenj Hoe B'dg *uAia iUMPUP T fl 7061 V 34 PMip St
      327 words
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      Page 13 Advertisements Column 3
      280 13 S Seatrain Lines !nc (USA > Trans Pacific Service Full Container Service To USA EEOERVSL SPORE HOTHCRVSL FEEDER VSI SPORE HOTHCIVU M mom v/t vi AKJHI 1/7 MiMI 15/7 1/7 Mi Full Container Service From USA MOTHCR VSI E/C HU OH U SMtmi Bunktr Mrfl V 22 IJ/J li/i 77/«
      280 words
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      Page 13 Advertisements Column 4
      266 13 HI. -CHwnr muu"KLMMT MTMr HI. "CNCHT MM" M.V. "KM HOM" mv. ~unu —r H -«TW UUU •'HI "CMCMT CMMTEI" v. "Smcw nuotr ••m. mur ••«.».-oiawTjji" H* "CHCHTIII 1»47t ***** MUVAftM, SUMNVA **********MKART4 *****34-71 UUVIfM, usmunHxira m ran ***** urn, snmci. mmtim IMPORT *****KUCHIM ********** lOTA UMMLU. KUMT imna/moou east soma
      266 words
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      Page 13 Advertisements Column 5
      82 13 Nediloyd Lines Regular Linor Services To/From All Pirtsoff the World. Singapore: T«i *****, Port Ketang: TeL *****1. Kuata Lumpur Tel. *****, Penang Tel. ***** daiichi cauo M.V. TAKKO MAKU" FROM KOB&UONG KONG ARKIVKD ON STO JUNK, tvn AT PJA GODOWN NO. xtm. General Survey on iHnnpirt cargo discharged ex the
      82 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      693 14 SHIPPING ft&&********************8i FUU.T COWTAiNEttSED TO EUKK Ohtaß* 20/1 22/6 11/7 13/7 14/7 16/7 NMtwf E*m 28/8 17/7 19/7 20/7 24/7 NM*M|t*r(N 30/6 19/7 21/7 22/7 24/7 MM** 5/7 7/7 30/7 1/1 2/1 5/1 limn f > 11l 14/7 16/7 5/1 7/1 10/1 ftfpfcv 21/7 23/7 12/1 U/S 15/8 17/8 BmMmt
      693 words
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      Page 14 Advertisements Column 2
      775 14 1 £3 SANKYO LINE] AUSTRALIA SERVICE MM i**** sa bloom wa mm a/ajjjw Ek 1 MY nHNCC 17/11 )MM« WW *£^2?J!S L THREE STAR J&E-S® MAMOMO STAR l/llta* *)t Kl, STO. BANGLADESH SERVICE HAY SKY GENERAL agents 11/19 JUIY IS/17 JULY CNfTTAGOM, CHAUM OCEAN SHIPPING I ENTERPRISES PTE ITO SINGAPORE
      775 words
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      Page 14 Advertisements Column 3
      442 14 LAND U.S.A./ ASIA tli"! fob ports wtK 40TH FLOOR HONG LEONG BIOG 16 HAFfLf? QUAY 1 CtHtomf Sf'xct Booimt Tfrmmjl 7b 7 0 j 3 ?V 11 3 FULLY CON KUWAIT I. SHAHPUR ALSO ACCEPTING CARGO FOR BAHREIN AND ABU DHABI CZn Kim /HIPPtftG V TPAOinG PTE. LTD. Telex KMSPEED
      442 words
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      Page 14 Advertisements Column 4
      775 14 > i Everett Lines If Fiw Star Srippiag Carpa. "BURMESE NATIONAL LINE' LOADING FOR MM6OON MTONEYM lX,n B F S S C Agant* in Maiayva TEPS MALAYSIA Port Katong Td <38>-7355 fVxjog Tal *****/*****' '|rf, wiiniiiiHJ. A.C.I.F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN. CAPETOBM. BUENOS AMES PATAGONIA ARGENTINA t/2?M 1
      775 words
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      Page 14 Advertisements Column 5
      400 14 r K I <v V- SAJU^q Orient Overseas Co*Uci*teA. Line 3. til OKNTM. CMKT IKHNM ■stdri FROM EUROPE (VIA SUEZ) VI l/l 11/ l (STRAITS CARGO VIA FUDKR TO/FROM BONO KOMO) nriLß-O "V »'t«« L B««<? SFO n«" H tO.ESCIITNE« MM Z«/C 11/7 14/7 IV? 27/7 2V7 0 EDUCATOR 141
      400 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      713 15 SHIPPING TIMES, Friday June 16, 1978 Overseas Containers Limited awiwuuw sawg w M/twmoT: Htei r<Hi u raw* P. lUiM( D'Mark A'warp Haara MT ataffaJMIIMUMIAMMM At UMIS VMm DMNMIMINMI HUM MT J M 7 M a M 1 Aag 2Aag> Aag MORI EXPRESS 14 M Iff M Aag 7 Aag I
      713 words
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      Page 15 Advertisements Column 2
      1352 15 Ajartsemceof Ben Line Blue FUnnel Gten Line and NSMO Tl N/CHTIMn (Mi I PNMNTIS S.B/17 laaa 24/28 Jaae 22/13 Jaa* im Bilbao. Amst. M». Ml. Ummi. UMItK l/IW) l/IM) Ilm LitkM. Leiaoes, Tiltaary, Ml PMTESILAHS 1/ I Jity 4/ 8 Aag 5 Sa»t Leisoes. Bilbao. Amater«a». Mlfhm wctimacrr nr«a Saaa
      1,352 words
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      Page 15 Advertisements Column 3
      774 15 ivV w ftm perm 3JC3 II I.D 11 M) 1« M| 11 Ml I toft UK* Ml toft O* Mf) It toft If A »<■* »M| 34 Mr Bkt Ml 1 > A« H toft m N iui It M| H k| II m II ta M In II II
      774 words
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      Page 15 Advertisements Column 4
      1028 15 Scan Dutch *9 LVi Ji j•!*1H? M M' I j»T111! jj wMmiuwMzm fnm P. MIMC Vessel (LIAMU la M Ml MiM* nwcuu u/ ii ELUMU 21/ II FUK:tCi 4/ I IJIPIIAH 11UMU I WIUNU (UMM 21/ J Ml. Kin t'aara u Msaillas a Mas 9 nm 4 Stan 11/ I
      1,028 words
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      Page 15 Advertisements Column 5
      300 15 ENT LIN ES OR LV i SINGAPORE *****4 PT KELANG 3863' > KUALA LUMPUR ***** 1 PENANG 3623ul IKKPEMENT soma FESCO LINES ODESSA OCEAN LINE CONVENTIONAL SERVICES PISCH FROM ERRtPE Penjng P. Ki*n( S port Ma^ia MV PEtERBP Jtat 71 In* a Jw» Ml 11. MV MATSESTA toat» lim 17
      300 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      927 16 S'rwe P. falang I.Havre HTmrg Bremen R'dam A'»m PRIENTAL CMEF IV SaM la Ptft 5My I*l IMy !Myll Mj SI MIKMIW 21 Jm 22 Mm 11 My 13 My M *T «W» *1 "«KrCKR2W 21 Jaaa 2*taaa J2 14 CNEVALIER PAR 11W .5 My IMy 27 21 W» P 11
      927 words
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      Page 16 Advertisements Column 2
      1016 16 E. C. -B. S.A. lATLAHTIC/6ILF SERVICE ACCEPTIK fd/ltt CMTAMEIS FMM SIMS. P. KELARC. PERARS irnm f bsspsu. M« Tan. am mum. mm. SrtfMtn P Kaiaag Bela»an Peaaag ••a vessel- 'V« w» My «/a Mr a/a m» E. C./6REAT LAKES SERVICE *mm( hinfi p. raiang »mo«n MTjur'(Ms* awo Ib/» we n/aieae
      1,016 words
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      Page 16 Advertisements Column 3
      828 16 NEPTUNE ORIENT UNES LTD •FULLY CONTAINERISED SERVICES: 19 PMI (VIA SK2MIERTAL CIIEft SEVEa SEAS NtlKf ORIEHTAL RESEAACBER chevalier pml RIPTVW PEARL CREVALIER MS U mats ami 21 Mr 21 Mr 14 M| i H tw| Brew R'dam IMr aMr *Mr uMr uMr MM] aMr *i Mr QM> vMr aMr aMr
      828 words
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      Page 16 Advertisements Column 4
      586 16 MALAYSIA*! IHTTRHATtOHAI SHIPPING CORPORATION BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM M ED/UK/CONTINENT/SCANDINAVIA Faafei -P Kitan« vrn*i S'tort 1) Mstilkt [LUMU toto Ml MJto* It/ aiinu a/ win a/1 FlMCtttt V I UItKU If t raucfsu a/ iitumia 11/ lUMMI 13/ I HI. MIH w 1 3) Hburg 4)Cbarg •/I 11/1
      586 words
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      Page 16 Advertisements Column 5
      675 16 INTRfISEfI (PTE) LTD KM aa ItrtKlT SON/nU CMTAMfI SERVICE II EMMt. S'w» P. Mlani Pimm LaMMt N* EMI MM UiM Si M MM HMn/tMM/A'MM: MMM (Caatr Ml M S'to* (U.IU/**■•/ HMft/A'«»r». lim ala nla it im rtrnmyrt/ Utrn*m lk!0 11/1 Mr mum M lal'aWa. i#iin t ipun muui (ptc) in.-nwii-wwiw
      675 words