The Business Times, 8 July 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 WEDNESDAY, JULY 8,1981 60 CENTS
    10 words
  • BRIEFLY...
    • 57 1 KUALA LUMPUR, Tues. Finance Minister Tengku Razaleigh Hamzah yesterday met Deputy Prime Minister Dr Mahathir Mohamad to discuss his position in the new Cabinet line-up to be announced soon. Sources said the two leaders are expected to meet again for further consultations as the meeting yesterday is
      57 words
    • 84 1 Reuter MILAN, Tues. Trading was suspended on the Milan Stock Exchange today after a sharp fall in share prices caused by speculators trying to unload large quantities of shares. The index of prices on the exchange, Italy's most important stock market, fell 4 per cent yesterday and has
      Reuter  -  84 words
    • 75 1 AP LONDON, Tues. British Steel Corporation said today it lost a record £668 million last year. The company's annual report blamed the loss on a three-month strike by workers, a sharp drop in British demand for steel products and a deterioration in European steel prices. The
      AP  -  75 words
    • 92 1 AP WASHINGTON, Tues. Wholesale food prices in the US, unchanged for most of the spring, began rising in June, pushing the nation's inflation ahead at an annual rate of 6.9 per cent at the wholesale level. The Department of Labour's Producer Price Index for finished goods has
      AP  -  92 words
    • 62 1 Reuter BELFAST, Tues. A fifth IRA guerilla neared death today after 59 days without food. Joseph Mcdonnell, 30, an IRA gunman, has refused food since May 9. Four men have died since the campaign of hunger strikes for special privileges and political status for IRA prisoners began
      Reuter  -  62 words
    • 73 1 Reuter SALISBURY, Tues. New Zealand Prime Minister Robert Muldoon has rejected a plea by Zimbabwe Prime Minister Robert Mugabe to stop the proposed South African rugby tour of New Zealand. Mr Mugabe, said by informed sources to have acted at the request of Australia, wrote to Mr
      Reuter  -  73 words
    • 51 1 Reuter TEHERAN, Tues. Iran ordered the Teheran bureau of Reuters to close and its three correspondents to leave the country within 48 hours. The Ministry of Islamic Guidance (formerly Information) said the order was in connection with a recent survey of Reuters news reports from Iran.
      Reuter  -  51 words
  • 753 1  -  UNUSUAL UNDERWRITING SCHEME By CATHERINE ONG THE MUI-Goodwood takeover saga has taken another twist. An unprecedented underwriting scheme to push the deal through has I created controversies in local banking circles. A group of banks and merchant banks invited to participate in a $143
    753 words
  • 234 1 THE SKILLS Development Fund (SDF) should subsidise 70 per cent of the total costs of university students' vacation training. This is the essence of a counter proposal by the engineering faculties of the National University of Singapore (NUSjt and the Nanyang Technological Institute (NTI)
    234 words
  • 464 1  -  By WONG AI KWEI AFTER three years of prodding by the private sectors for better rapport, Asean economic ministers have agreed to invite representatives to their annual meetings. The decision for a direct dialogue with the Asean Chambers of Commerce and Industry was made when
    464 words
  • 356 1 THE inauguration of the National Transport Workers* Union (NTWU) heralds a new era in which our grassroot leaders team up with professionals from outside their trade to create a more efficient and productive nation. It also marks the formation of the first industrial union by
    356 words
  • 101 1 AP THE US dollar slipped against major currencies in early trading yesterday. Gold prices were traded marginally lower in the morning. The pound was bouyed by expectations the Bank of England would raise the 12 per cent minimum lending rate. The dollar fell by nearly 2 cents
    AP  -  101 words
  • 254 1 THE (rtvrruwat's planned reservist upgrading programmes will tit resalt la aay extension of the earreat aaaaal reserve service liability a( 49 days. Mr Got Chok Toag, (be Minister far Health aad the Second Minister for Defeaee, made this assaraace whoa he was speaklag
    254 words
  • 460 1  -  By WONG SOUK YEE THE stock market suffered from another bear raid yesterday, resulting in an across-the-board fall in prices and a sharp decline in the Straits Times Industrial Index. In particular, Malaysianbased issues were hardest hit by the selling blitz. Singapore stocks
    460 words
  • Page 1 Advertisements
    • 224 1 :ino iJiunyiu _Times Bookshops aMiDs BANK Negara Malaysia has asked banks not to finance investors planning to buy property or shares in companies outside Malaysia Page 12 WEST Germany's steel industry is clamouring for aid, claiming that their competitors are heavily subsidised Page SENDING the brightest of their people for
      224 words
    • 9 1 Leader...page I &T* BTW© Phone: *****30/*****24 /6 7255 7
      9 words
    • 2 1 Leader...page I
      2 words
    • 179 1 FOR PEOPLE WHO MATTER I He said it was artificial respiration, but now I find I am to have his child." A. Burgess There are many fools at a university as elsewhere But their folly, I admit has a certain stamp the stamp of university training, if you like. It
      179 words

  • OVERSEAS 1
    • 466 2 AFP THE MALAYSIAN government is concerned about the sharp drop in rubber prices in recent weeks. Speaking to reporters in Kuala Lumpur yesterday, Primary Industries Minister Datuk Paul Leong said there is no justifiable reason why the prices should continue to fall. He
      AFP  -  466 words
    • 261 2 UPI CHINA'S readjustment programme is successfully shifting resources away from heavy industry towards light industry, raising the output of consumer goods. The State Statistical Bureau said the readjustment, now more than two years old, is proceeding in the direction as originally planned. Light industry output came to
      UPI  -  261 words
    • 179 2 AFP EUROPEAN machinery makers aid engineering cempaales are iacreadag their experts to Chlaa, Taiwan and Sm to-east Aala la aa attempt la meet Japanese campetltlaa head w. Maitry leareei attribatod toe iaereaae la expart* to these regleas, besides the tradltleaal markets la toe MkMle East and
      AFP  -  179 words
    • 566 2 Reuter THE EEC has indicated that it wants to avoid a trans-Atlantic row over high US interest rates and the soaring dollar. Finance ministers from the ten E£C countries, meeting in Brussels two weeks before a seven-nation economic summit in Ottawa, endorsed on Monday
      Reuter  -  566 words
    • 403 2 AFP THE LEADER of Umno Youth, Datuk Haji Suhaimi Kamaruddin, said yesterday that he is ready to face the opposition Democratic Action Party's (DAP) move to censure him in Parliament. DAP Secretary-general Lim Kit Siang had called for the censure motion in protest
      AFP  -  403 words
    • 354 2 AP CHINA is ready to Join the US and other Western countries in a "united front" against the Soviets, said a US State Department expert on Asia. Mr Henry Janin, chief of the North-east Asian division of the Bureau of Intelligence and Research,
      AP  -  354 words
    • 191 2 Reuter THE PHILIPPINE national budget for 1982 has been projected at 60 billion pesos compared with 54 J billion pesos for this year. The official Philippines news agency quoted Finance Minister Cesar Virata as telling a Parliamentary Finance Committee last week:! "The estimated revenue is 49 billion
      Reuter  -  191 words
    • WORLD IN BRIEF
      • 476 2 Agencies VIETNAM'S ambassador to Franc* and the Benelux said be hoped the European Economic Community (EEC) would toon resume food aid to his country Mr Mai Van Bo said Hanoi hoped the EEC'S 1979 decision to suspend food aid to Vietnam, because of its invasion of
        Agencies  -  476 words
    • 107 2 Reuter MARUBENI Corporation of Japan has entered into a joint venture in Sabah to process veneer boards. Marubeni officials said a plant capable of manufacturing 3,500 sq metres of boards monthly is under construction in Sandakan and will start production next June. The joint venture,
      Reuter  -  107 words
    • 190 5 UPI A POSSIBLE key partner of Menachem Begin's Likud Party has softened its opposition to the inclusion of a breakaway faction in a coalition, improving the Israeli Prime Minister's prospects of forming a government. What is shaping up, political sources said yesterday, is a coalition made up
      UPI  -  190 words
    • 728 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0010 NYC SFO HKG MAS MH601 0630 KUL MAS MH680 0645 KCH SIA SQ10I 0615 KUL MAS MH811 0615 PEN MAS MH603 0630 KUL RBA BI421 0930 BWN MAS MH671 1000 PEN/KUL su SQ201 1000 HLP CPA CX710
      728 words
    • 183 5 IRAN'S revolutionary guards, who have executed 44 opponents in the past three days, announced yesterday the arrest of 40 more people In the holy city of Qom, including followers of a moderate ayatollah. The 44 firing squad executions in the previous three days
      183 words
    • 423 5 AP CONSUMER resistance in the US to high prices and high interest rates are behind the slump in US car sales last month. Sales by US car makers hit their lowest June levels in at least 17 years. New car sales by
      AP  -  423 words
    • 167 5 Reuter WEST Germany will never adopt policies dominated by tight monetarist controls. Chancellor Helmut Schmidt said although such controls play their part, so do taxation and budget balancing. "The West German government will under no circumstances adopt economic policies dominated by monetarism, whether they
      Reuter  -  167 words
    • 404 5 AFP CASH-RICH private companies, faced with increasing difficulties in listing their corporations on the Hongkong Stock Exchange, have acted smartly by buying out small companies in several speculative 'takeover bids which have been rocking the stock market for the past month. Over the last two
      AFP  -  404 words
    • 142 5 UPI JAPAN'S Ecwlt Plaaalag Ageacy itreetortMenl Tssfcl* Kihowto kH (wceait that wnnwr prim la Us caaatry will ast rise mart thaa Si per ceat iariag the earreat fiscal year. Jmumc gsveramcat Btwißlrti M wtliiW that the laflattea rate Isr the Hseal year beglaatag test April wnM rise
      UPI  -  142 words
  • Page 2 Advertisements
    • 191 2 Photocopying headaches? o m y< Just take one of these for instant relief hp mmk- M •< ssL Take the Oc6 cure in the form of a new, revolutionary photocopier that gives instant relief from photocopying headaches. Our new 1900 has a tiny microprocessor that controls a whole host of
      191 words
    • 32 2 ROCFLOOR Resin flooring many timos stronger than concrete covers new or old floors chemical resistant strong and durable fast to install. Batika Singapore Pte Ltd 51 Senong Crescent Singapore 1441 Tel: *****55
      32 words

  • Page 3 Advertisements
    • 100 3 ■X: :>3v..- < 29 > :K ife»s V j p ft' k''.,, iagsn&iS-i fiC >-vr M I♦ IS® e Hennessy Cuv£e Su So exclusive, every bottle bears its own number utwee It is to tell you very limited quantities are produced. Reserves of Cuvee Supferieure are built up very gradually.
      100 words

  • RAW MATERIALS
    • 636 4 NYT COCOA beans, the foundation for chocolate and other sweets, are at the centre of an increasingly bitter controversy between cocoa producing a nd consuming countries. While the price of cocoa has plummeted to a fiveyear low, the International Cocoa Organisation, an
      NYT  -  636 words
    • 230 4 RUBBER prices in Singapore yesterday closed lower with July One RSS buyers quoted at 218.50 cents per kilo, down five cents from Monday's close. Afternoon prices lost further ground on continued stale bull liquidation but short-covering interest emerged towards the close to check the decline. In Kitlt Lam par,
      230 words
    • 383 4 RAS prices In cents per kilo yesterday. Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt f o b. 214 50 215 50N Int 1 R.S.S. July 219 00 220 00 Int. 1 R.S.S. August 229 50 230 00 Int. 2 R.S.S. 207 50 208 50N UK Cant
      383 words
    • 121 4 NOON SSR and SMR pncce yeet arday HAS Jaly MU) At—> (Farward Mtfcl SSR 20 SSR SO (1-loa pallet) (1 ton pallet) Bayer* |i 202 50 200 00 ill* re 204 SON 202 00N Bi;en n 204 SO ***** 20* SON 204 00N MRKLB AafMt ■pUaker SMR
      121 words
    • 83 4 THE STRAITS tin price in Peatng yesterday rose II cents to M52f.29 kilo, stiil in the ITA lower rouge of $21.28 to Dl.ll, dealers sftld. Sterling's recovery, higher overnight London ndvlees nnd renewed European buying supported by Japanese ftnd local interest contributed to steadier sentiment. A continued presence
      83 words
    • 34 4 Rubber: July 7 Singapore: July: 218.50 cents (down 5.00 cent) Malaysia: Aug: 249.00 cents (down 4.00 cents) Tin: M 529.20 per kilo (up 10 cents) Official offering: 244 tonne% (up 28 tonnes)
      34 words
    • 161 4 WHEAT futures in Chicago on Monday rallied to close near the top of an 18 cent range, up 10 V« to L2"i cents a bushel in hectic trade. Private forecasts of a substantially reduced USSR spring grain crop and continued hot, dry conditions in the Soviet Union prompted active
      161 words
    • 952 4 NYT MOST commodity futures speculators need not be reminded that they lost heavily during the first half of the year, when prices declined sharply in most markets. As usual, the losers were long on the market because most small traders do not sell short.
      NYT  -  952 words
    • 181 4 CHINESE Pradaee Exchaise, Slagapare, eMag prices per lit kg yesterday. Cwmil Mi: Bulk fob $118 00 sellers, old drum (in second hand drum) fob 1131.00 sellers, new drum fob $137 00 sellers Capra: Mixed (loose) $70.00 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white
      181 words
    • 194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsa yara: China Blue Phoenix 20s 2,365; 32s 2.875, 40s 3,030 (per bale of 400 lbs). Piece (Mds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • 318 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.34, 100 per cent second class 1.08, 100 per cent third class 1.05, 25 per cent new crop no stock. B-10 per cent no stock. THAI BROKEN 0 80. Special
      318 words
    • 745 4 COFFEE: Robusta futures yesterday traded within a narrow range after opening lower in line with closing New York levels overnight SUGAR: The London daily price for raws July/August closed at £210 and whites July/ August at £235. OILSEEDS: Brokers reported moderately active dealings in Dutch soybean oil at
      745 words
    • 227 4 SOYBEAN futures in Chicago on Monday rallied to close 25 cents a bushel higher, to up the 30 cent limit in deferred July. Values settled at or near the top of a 40 1 cent range. Late sympathetic local short-covering following the rally in grains and aggressive purchasing by
      227 words
    • 139 4 THE Kuala Lumpur market yesterday recovered, mainly influenced by steadier overnight Chicago, in quiet trading, dealers said. July and August deliveries in the south gained MH2.50 and HO to $1,072.50 and $990 a tonne respectively while July in the central rose $10. However, September delivery in the south
      139 words
  • Page 4 Advertisements
    • 368 4 r r NEW SIMPLE REVERSIONARY BONUS RATE FROM ASIA LIFE $41 FOR EVERY ,000 SUM ASSURED Asia Life oncc again takes great pride and pleasure in announcing another increase in its reversionary bonus. The new rate is now 41 for every 1,000 sum assured for the year 1980. With this
      368 words
    • 112 4 OFFICE FOR SALE: 1. UIC BUILDING 8500 u) ft $1900 psf ono 2. BYLAND BUILDING 1060 «q.ft. $850 psf ono 3. PENINSULA PLAZA 503 tq ft $1600 psf ono 4. FAX LAST SHOPPING CENTRE 353 sq ft $1200 pit 5. GSM BUILDING 1000—1700 «j H $820—5850 pit OFFICE TO LET:
      112 words

  • Page 5 Advertisements
    • 92 5 'The Stamford Arms? No,you wouldn't like it" The place is absolutely riddled with coves with loose-tongues who seem to have nothing better to do than to tell the whole world how good the food and wine and beer is. I used to be able to call it my pub before
      92 words
    • 199 5 New Sleeperseats inHAfcwMrt LOWN INTRAVEL I 186 cm (34") I (when there's a vacant seat beside you.) Introducing two new measures to benefit businessmen flying to London and Australia Now you can measure your length at no extra cost on the new Sleeperseats you'll find in our Crown first class.
      199 words

  • 347 6 IT WAS a welcome move when the Skills Development Council offered to bear 70 per cent of the salary costs incurred by employers in providing vacation work to engineering students. Such a scheme is a valid expansion of the areas to which SDF monies can be applied
    347 words
  • 352 6 THE CUT and thrust of takeover battle has long constituted the primary entertainment value of stock markets. Here the world can see financiers and industrialists at their best as they huddle with their advisers to concoct means of bringing to life their own dreams
    352 words
  • 1352 6  -  West Germany's steel industry is clamouring for state aid, unthinkable before the recession. The country's steelmen argue that this has been forced on them by heavily subsidised foreign competition. How true are their claims? ROGER BOYES reports. In another article, ROGER COHEN discusses the the Commorf Market's
    FT  -  1,352 words
  • 709 6 Reuter ON OCT 30 last year the EEC Commission took emergency control of the Common Market's crisis-hit steel industry with a pledge to raise prices and restore normal competition by the end of June 1980. "If we do not succeed by then we will never do so," EEC
    Reuter  -  709 words
  • Page 6 Miscellaneous
    • 642 6 t -M-OIE CROSSWORD CRYPTIC PUZZLE ACROSS I A matey game (5) 6 Couples do it on the floor (5) 9 A sweet Clara may share with me (7) 10 Vex with a refusal in any case! (5) II Legal points concerned in gardening (5) 12 Vessel from Basingstoke (5) 13
      642 words
    • 27 6 BriStoW: Frank Lb ftRjSTOU) DONT "SEIL ««X. NbLM exJCPfftoM... TH**s TOTHC G«*FFfTt OJ Tv 4£ W*U I KNCftf fY\Ofce ABOUT T*H£. CU«6N7 STpiTe OF SKJTiSM FoOT&ftU. 1852
      27 words
    • 777 6 r SK3 The amazing Isaac Newtorig MENTION ISAAC Newtoa af Ma dlaeevery gravity. Hftmm: fie Aauuing Dr Newtm (oh 5, lt.lt) featares wvenl critical parti In the arteatlsfs He. WMle he «u aakk| Mi rafleetlag tetaaespe, the Uae he Mi stady, Mi secret expertmeaU la alchemy tad while he wai
      777 words

  • 1470 7  -  While developing countries continue to hire skilled expatriate staff to support their domestic development, some of the brightest of their own S people are playing a crucial role in the advanced 1 industries of the western world. Sending the brightest M of their people for
    NYT  -  1,470 words
  • 848 7  -  FORUM with CLYDE FARNSWORTH NYT "FREE TRADE doesn't exist," contends Michael Samuels, who watches over international trade matters for the United States Chamber of Commerce. "It's like infinity you never reach it." Nevertheless, judging from the statements of the Reagan Administration, the removal of trade
    NYT  -  848 words
  • Page 7 Advertisements
    • 294 7 r i i i f if** You know what it's like in a big city, when you stay at a hotel where nobody cares. But not at President Merlin! Now, when you come to Singapore you know you '11 be treated to that special, friendly hometown hospitality that makes your
      294 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 270 8 JULY 08 1 Pra CORBEILLE Alr-Llqulde B S N Gervals Dtnone 418.50 960 •14 3 C 8 F i ThomsonCsf) 133.10 -34 Cle Fnnctlte dts Petroles 80 90 -3.7 Compafnle rininclert Compafnle Otntnk 2S2 4 Credit Fonder De France Hachette (Ubralrle) Machines Bull Mlchelln (B) Parlbas Peehlney Clflne Kuhlmann
        270 words
      • 222 8 JULY 06 Dm Aec-Telefunken 44 00 -0J Akso 2130 05 Alls Letwn 1190 00 30 All* Vers 484.00 -ft BASF 130 JOB Bay H T Wbank 197 JO -J.7 Bay Vbank ***** -05 Bayer T *****B BBC 2S200B BMW 300 00B ***** unch Cham Verw 280 00 unch Commersbank
        222 words
      • 92 8 JULY 08 m FORWARD MARKET AfVf 7T9 3 Arttd 1132 -4 Aatur 338 -4 Brucan 1306 4 Brvi-Ltmb im -4 Cjnpv 1530 5 Cock 136 -S De Be«rt rbes _.280 3 1330 -20 Etectrofcel 2886 Oblnno-Bm IffIS ♦46 Oe* 1380 unch 2180 36 Pflro 4010 ID gyl DutCh unch
        92 words
      • 182 8 JULY Francs Actions Sulsses Alusulsse Br Alusulsse Ret Brown Boeetl Br CM* QeltJ Br Clha 0«lf> P C Clba Oetgjr Re* Credit SuUw Br Credit Suisse Ret Elektrowatt Br. Oeorte Fischer Br Globus Pt Hero Br Hoffman La Roche 1/M Holderbank Br Interfood Br 263 I01S 380 13V iaao
        182 words
      • 169 8 JULY 08 n» ABN AMU Akao AMEV Amfu Amrobnk en. Boa BonumU Burhm&r.n Ctland C*l*e Delft Dell M1J Ennlm Fotker 304.00 71 JO 3110 0830 100.00 S3.80 38 00 40 10 (1 00 moo MOO 3550 300 SO 77 JO 133 SO 40.10 134.00 43 unch 0.4 -05 -1
        169 words
      • 95 8 JULY 06 Lire Ante 790 -90 Aaaor Gen *****0 -5625 Btstofl 306 -90 Central* 4690 -1510 rwt 1616 -123 Fln«kW 10 uncft Oen Immob 1766 -275 in Pri 4000 -546 Inice menu ***** -6310 ItAlfAl 1000 -140 Ililtkler *7 JO •W liftfneU M Pf 611 -36 Marelll Ere •use
        95 words
      • 210 8 JULY 06 C« Ablttbi 26-> Alcan 33 ->» Alfomi 42V Bank Mont J7H -H Bank Nova Scotia 3BH Bell Tel HV. unrh Bel!) Corp BP Can Ltd 47 Bruran 34 -H Camp Red Lake 11 Can Imp Bk X H -fit Can par 43 Can par In* Pf 30
        210 words
      • 282 8 JULY Rand INDUSTRIALS A Alpti* aao uneh Abercom at unch AE And CI 796 unch AMIC MSC unch Barlows SOD *t» Cf Sufmr CNA 1«S 300 unch unch Currte Finance 230 unch Dr Bwrs Ind rm Edcon an unch Ed(mn TWO uncti Enmdi r«i voik 480 30 ru«it 250
        282 words
  • Page 8 Advertisements
    • 162 8 The American Express Card serves vou well, wherever good food is served". 1 Local and Western self-service lunches Open daily 10.30 a.m. to 3.00 p.m. j Restaurant Lounge 10.30 a.m. to 10.00 p.m. DOLPHM CAFETERIA Ist. Floor, World Trade Centre. Tel: *****11/2 <5^ 4#" °<y Set in traditional Chinese decor.
      162 words
    • 150 8 I IS 2f For banquets For For other functions of flawless finesse. Functions for up to 280 guests International menus to choose from Complete range of audio-visual equipment Ample parking space i 4*iitlll*\ l*iirk Hlm*i*iHon Nassim Hill, Singapore 1025. Tel *****77 Operated Py ANA HOTELS INTERNATIONAL *5 m mwtW—c»o»waw RESTAURANT
      150 words
    • 173 8 @@!}=|*^=+|&+,,|^<*|>>.^`-{-+'] Feast like an emperor at Chinatown Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown, we serve Szechuan specialties Name your favourites Or ask for our recommendations Then be treated to a feast of tastes In the grandeur
      173 words
    • 129 8 OGGOO Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. I H \W >9 (VS f V -,r»
      129 words
    • 262 8 The rumour it true. For The Citation a a very privaae and exclusive dub for business executives. Sffhifipd beoedtH the Cockpit Hotel, ks furnishings are the very finest; the atmosphere appropriate for business inf*irnf' Come aod experience a AWAY OP lift Oder f■■l, t! iap|i 11 0923. Ttk *****11 (20
      262 words

  • BANKING AND FINANCE
    • 227 9 OVERSEA-CHINESE Banking Corporation (OCBC) and Overseas Union Bank (OUB) have joined the other leading banks in Singapore to raise their lending rates and deposit rates. OCBC has moved its prime rate up to 13.25 per cent from 13 per cent previously while OUB's now
      227 words
    • 601 9  -  Alan Lerner The writer, Alan Lerner, Is a senior vice presdient president and money market economist with Bankers Trust. THE Federal Reserve Open Market Committee (FOMC) convenes today in what is shaping up as a pivotal meeting. The monetary policymakers have already confounded a
      601 words
    • 57 9 IN THE report 'DBS takes charge of Spanish loan' yesterday, it was stated that the Development Bank of Singapore and Manufacturers Hanover Asian Ltd were Joint managers of a US$25 million syndicated -loan to Autopistas Del Atlantico. There to a third lead manager for the project. This to
      57 words
    • 186 9 PETROLEOS Mexkanos (Pemex), the Mexican state oil company has signed a bankers' acceptance facility totalling US$4 billion provided by a syndicate of 82 banks representing 11 countries. The financing was arranged by Bankamerlca International group. The facility will be used to finance the import
      186 words
    • 42 9 Reuter THE Commercial Bank of Australia (CBA), the National Bank of Australasia and the Commonwealth Banking Corp have all raised prime rate for borrowings above Asloo,ooo to 15.75 per cent from 15 per cent. The rise is effective immediately. Reuter
      Reuter  -  42 words
    • 92 9 Reuter CONVENTIONAL home mortgage commitment rates rose to a record 16.75 per cent in June. The US Federal Home Loan Bank Board also reported that mortgage commitment rates climbed from May's 16.12 per cent and surpassed the previous high of 16.57 per cent set in April 1900.
      Reuter  -  92 words
    • 177 9 BANK of Japan governor Haruo Maekawa said the bank supports US monetary policy to combat inflation by restricting money supply, despite an undesirable international impact produced through high US interest rates. He told Japan's national daily Asahi Shim bun high US rates have compelled some West European countries
      177 words
    • 64 9 JAPANESE Finance Matter Mlehto Wataaahe said Japaa «ill take meawres to sappart the yea If the earreaey'a ■reseat depreeiattea galas meiratam dae to high US Interest ratea. He H4 aat believe the yea's preaeat level reqalres li—rdlstr aettoa aai did ast —specific measarea. The yea briefly hwtt
      64 words
    • MONEY AND EXCHANGES
      • 485 9 THE US dollar eased against major currencies on the local market yesterday. Trading was fairly active, although no major factors influenced the exchange rates, dealers said. The US unit opened at 2.1580/90 against the local dollar. It eased to 2.1550/60 in the late morning, but picked up slightly
        485 words
      • 195 9 THE US dollar for overnight delivery yesterday closed easier at 228.65 yen compared with a 229.70 opening here, a 229.70/80 closing in New York and 229.25 here on Monday, dealers said. Trading was active with volume US$l.23 billion. The dollar firmed initially to a 14-month high of 229.90 yen
        195 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.6 per cent.
        22 words
      • 176 9 ASIAN ASIAN currency deposit Interbank rates as at close on July 7. U8 DoUan(Saot) Off.r Bid 7 days 19 5/16 19 3/18 X month 18 15/18 18 13/10 2 months 18 9/18 18 7/18 3 months 185/18 183/18 0 months 17*4 17M 9 months 17 1/18 18 15/18 12 months
        176 words
      • 45 9 RANGE of price* offered by discount houses on July T: Overnight: Call deposits 5% to tW* Ck»ia( Bayiaf Sellimf 3-month Treasury bills 8V, 6 1 3-month Bank bills 13H 13V* 3 months CD 13 12'* 0 months CD 12'4 12'* Source: National Discount Co
        45 words
      • 162 9 SINGAPORE gold futures yesterday closed higher against Monday's close in selective' active trading, dealers said. Opening quotations were quietly steady, partially influenced by Hongkong's closure, but values rose in the afternoon session following some overseas buying, they said. Total sales for the day was recorded at 202 lots with
        162 words
      • 43 9 Mm Pri New York 8.20B 8 40B 8 40S 8 «0S Zurich 8.JOB 8 40B (406 TM 8 COS Mm Singapore 8 20B 8 «0B 8«S 8 60S Ckwnj prk in US dollars a troy ounc r Source: Credit Suisse, S'pore
        43 words
      • 101 9 THE dollar yesterday opened slightly below Monday's close against all leading currencies after profit-taking at its higher levels. The market was generally quiet in early dealing and sterling was the only actively traded currency. The dollar opened at 2.4415/25 marks after closing here on Monday at 2.4490/4505. Sterling rose
        101 words
      • 179 9 THE US dollar yesterday eased against most major currencies in thin late trading, dealers said. Sterling was little changed at a late U551.9125,35. after reaching a high of 1.9140/60 compared to an early 1.9130/40 following news that the Bank of England lent to discount houses at above minimum lending
        179 words
    • 166 9 Reuter THE UNITED Arab Emirates (UAE) eeatrai teak teid die fareiga teaks te claae a tetal af 89 breach iffleM aa a step te wards streagtbealag the eaaatry's The teak sate It Is limitlag the aamber if breaches a fareiga teak nay have la
      Reuter  -  166 words
    • 624 9  -  By LEE YOKE MENG SINGAPORE Reinsurance (Singapore Re) suffered another setback last year. Low premium growth and high claims payments bit so hard into the strongly-hack ed company's returns that it suffered a high underwriting loss of $2.43 million or 10.9 per cent of net
      624 words
    • 745 9 rfcriS 49<l -1 lift -ft rrn M« -K ■ft +H TTH .1 X* -ft AiB AimnM Km Brands toe 16h -ft 41 -H 28-« .ft »ft -ft SIX -ft M ",v' M'« M rr: rr*T? Hem D unch Amir Cp 25H unch 32S -m Aatco Inc
      745 words
  • Page 9 Advertisements
    • 133 9 TODAY SINGAPORE MAKES THE NEWS. From now on The Asian Wall Street Journal is printed in Singapore. With this Singapore edition, the Singapore businessman can really stay ahead. Exclusive, instant coverage of both Asian and major international markets. In fact, due to modern satellite technology the Singapore edition releases the
      133 words

  • 1875 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Allied Choc (3.228)
    1,875 words
  • 205 10 SINGAPORE 1 "NTT TOJST (M»mw' prieaa tar M t) The Commerce I B 4.17 The Saving* Fund 2.8 2 36 S parc Prog Pond 1.73 1.H S pare Sec Fund 26 175 S pore Invest Fund 2 562. 6Rxd! csi S pare Equity Fund 1(3 1.71 DIAMOND MOT
    205 words
  • 2758 10 1961 High Low Coapaay Last Sale orGr** Div Div Or Gr'm Y'M Net P/E Vol Day (*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 404 350 312 420 200 470 980 875 430 320 Ac ma Alcom 130 Allied Choc 161 BAT 330 Bata 110 Ben 360 Berjaya
    2,758 words
  • 2060 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. iNDumuaui Afaaai (4 00S) (I) 1« (1) 310 Mi ad T 1
    2,060 words
  • 45 10 MALAYAWATA Steel Bhd has replied to a KLSE query that its one-for-two bonus issue will be capitalised from the company's reserves arising from a revaluation of its land and buildings and this, it said, is conditional upon approval from the Capital Issues Committee.
    45 words
  • 40 10 SANYO Industries (M) has replied to a KLSE query saying that it is still in discussion with the appropriate authorities regarding the proposed rights and special issue and that it would keep the exchange posted on any further developments.
    40 words
  • 667 10 BI LLS remained In the sick bed ud paths were paved far another bear raid at the stack exchange yesterday. The morning apeaed mixed with a h&ndfai of Singapore-based issues cemmaadlag steady sappart while the Malaysian-baaed stacks continued ta languish. However, ia the aftermm,
    667 words
  • 711 10 SELLERS reasserted themselves at the Kuala Lumpur stock market yesterday after lying low on Monday. As a result, share prices took a downward plunge with scarcely any measure of support seen throughout the session. The morning opened easier due mainly to the dampened Singapore
    711 words

  • COMPANY NEWS
    • 159 11 MALAYAN United Industries has written to the KLSE saying that it does not have a dealer's licence "as we do not carry on the business of dealing in securities or hold ourselves out as carrying on such a business." It was replying to a query following a telex
      159 words
    • 570 11 THE unit trust scheme of Amanah Saham Nasional Berhad (ASN) has exceeded all expectations since its introduction on April 20. It has succeeded in mobilising investments worth 1245 million by the end of last month within 70 days of its introduction. The number of unit buyers, mainly
      570 words
    • 286 11 STOCKMABKET high Oyer Pegl Makyrit has pr—itoed that tt will sat Its rewarees to make "rigalfleaat aad nMhHiI lamstmiats" la •thcr caaaaaaies to hatotor Its carparato grawth. Ms aaaaal stetomeat, ehalrmaa Abiil Ghafar Baha saM that It will la vest la Mfe Malaystaa aad
      286 words
    • 654 11  -  By KOH TSE YING GROWTH Industrial Holdings will devote greater attention to the offshore petroleum industry by chartering support vessels to oil companies. "With this in view, we have acquired one hotel-cum-workbarge which is on a two-year charter to a first class oil company," said chairman
      654 words
    • 387 11 OCBC has formed a whollyowned subsidiary called OCBC Square to develop the two URA sites it successfully tendered during the ninth sale. The paid-up capital of the subsidiary is $2. UNITED Overseas Bask has notified bondholders that they have up to 4pm Aug 7 to convert their bonds
      387 words
  • ASIAN STOCKS
    • 602 11 TOKYO SHARE prices yesterday fell sharply over a wide front with many investors discouraged by the yen's further fall against the US dollar, the continued fall on Wall Street and uncertainty over US interest rates, dealers said. The market average lost 100.89 to 7,826.47 in thin
      602 words
    • 66 11 STOCKS closed mixed yesterday and the extent of new commitments was still very limited in a weak market, dealers said. Bangkok Bank fell two baht to 246, Siam Cement two to 198, Rama Tower rose 0.50 to 61, Thai Mutual II gained two to 14.50 and Saha Union closed
      66 words
    • 111 11 Reuter A POTENTIAL diamond resource of 800 million carats can be reasonably inferred down to 200 metres for the AK One Kimberlite pipe at the Ash ton joint venture's Lake Argyle site in Western Australia, partner Northern Mining Corp NL (NMC) said. Preliminary tests based on structural
      Reuter  -  111 words
    • 53 11 FINANCIAL TIMES INDUSTRIALS Monday 540.8 Friday **8 0 Week Ago.- 543.8 DOW JONES AVERAGE INDUSTRIALS Monday #49.30 Friday 9M.19 Week Ago #84 50 H.K.HANG SENG Tuesday closed Monday closed Week Ago 1734 «5 AUSTRALIAN INDUSTRIALS Tuesday 742^ Monday 730.8 Week Ago 753.3 ALL ORDINARIES Tuesday 681.1 Monday 6B8.3
      53 words
    • 340 11 NERVOUS sellers yesterday wiped more than $1,000 million off the market capitalisation as prices fell under the weight of rising interest rates and a flagging gold price, brokers said. The market was not so impressed with the Aahton project's 56.8 per cent sharebolder, CRA, which dropped 25 cents to
      340 words
    • 118 11 THE market yesterday closed mixed as the commercial and industrial sector firmed and minings fell, dealers said. Turnover rose to 721,000 pesos from 717,000. Seafront finished stronger while the rest were either untraded or unchanged. JULY or? P*«c* A CO* Mining 0064 uncb AUu Con A AUM COD. R
      118 words
  • Page 11 Advertisements
    • 429 11 Every business has its share of VIP guests. What better way of telling them they're important than by greeting them in a chauffeur driven Jag? Unless, of course, you'd prefer the thrill of driving one yourself. So next time you have a VIP guest, impress him. The Jaguar Series 111.
      429 words
    • 535 11 Seminar: Learning from The Japanese Experience t \r Venue: Shangri-La Hotel Date: 27th 28th July 1981 Thk book b attributed by PRENTICE HALL and available on safe at SHIZUOICA YAJIMAYA There is a method in the Miracle of Japan. It's a man-made Miracle in Economic Success that can be repeated
      535 words

  • 387 12 PERLIS Plantations had (PPB) has bought another piece of property, this time a $56 million residential site in Kuala Lumpur. The acquisition will be effected through PPB's proposed takeover of the proprietor, Tai Yan Realty. PPB announced late yesterday that it would be
    387 words
  • Chief Price Changes
    • 143 12 Falls Indices M U I 1780 -120 July 6 July 7 C Sugars 1810 -90 BT Indicator: *****2 *****2 Sel Properties 1100 -90 Industrials: 940.95 925.01 PMC H Leong Fin Geo tine* Magnum Corpn 1800 1210 965 766 -80 -80 -06 -05 Finance. Hotels: Properties: 2044.48 1352.28 980.55 2006.16
      143 words
    • Article, Illustration
      156 12 Falls Indices M U Ind 1940 -130 July 6 July 7 Sel Prop Gen ting Pac Dev 1200 -100 BT Index *****7 *****2 1020 -80 Industrials: 1200.12 1179.72 1190 -80 Finance: 1942.25 1896.37 Rlverview 364 -70 Hotels: 521.75 519.64 PMC 2010 -70 Properties: 1256.62 1225.73 G Ceramics 870
      156 words
  • 246 12 TRADING la two flaaace Imm, Development Bank of SUg»p*re's (DBS) caavertIbie unsecured Imm stock, •Ml Singapore Flaaace (Sinfin) will begin m Friday. 11m listing and quotation of the DBS Imm stock unit r«U«wi the cwnplrtlH of a rights lame of $228 million 7.5 per ceat
    246 words
  • 133 12 TBACTORB Malaysia Holdlags Bhd has announced aci iplsain far tte oae-for eight rights laaae totalling 11.* mlllloa shares, or MJI per ceat af the total laaae. The balaaee af M,748 shares will be takea ap by aaderwriter Bamlpatra Merchant Baakwrs at the offer price of $5 a
    133 words
  • 916 12 BANK NEGARA ISSUES ADVICE (Hfllßl Companies Editor: Mano Sabnani IN A MOVE designed to stem an already severe liquidity crunch, Bank Negara has directed Malaysian commercial banks to desist from financing the country's investors planning to make property or share acquisitions in companies outside Malaysia.
    916 words
  • 919 12 LONDON, Tues. Interest-rate uncertainties continued to dominate market sentiment today and prices fell over a broad front, but closing levels were above the day's lows, helped by the banking figures for midJune, dealers said. At 3pm, the Financial Times index was down 11.5 points at 529.3. The Bank
    919 words
  • TAKING STOCK ...
    • 610 12 HOCK LOCK SIEW IT IS hardly surprising that Wee Cho Yaw's family investment company has rejected United Overseas Securities' (UOS) cash offer of $4 per share in respect of the 500,000 Haw Par shares it owns. The decision of Wee Investments Pte Ltd clearly indicates
      HOCK LOCK SIEW  -  610 words
    • 93 12 AP NEW YORK, Tues. Stock prices headed higher this morning, rebounding from the slide of the past eight sessions. The Dow Jones average of 30 industrials climbed 5-42 points to 964.72 in the first half hour. Gainers took a 3 to 2 lead over lasers among NYSElisted
      AP  -  93 words
  • Page 12 Advertisements
    • 117 12 Land Investment Opportunity In FLORIDA-USA The Sunshine State Uk r OtIANOO <• TAMPA WOWD JT PfTISSBUKG SARASOTA IN (®V FORT MYf*s ISLES If Ml AM! ipf -> 5 Wm Hedge Against Inflation with the purchase of a homesite in Charlotte Harbour. Lot of 9,600 sq. ft. or more from U5513,500
      117 words
    • 97 12 I I I I The Revolutionary Computer-Controlled Slide-Sound System Spectacular From Work exciting Single-screen Presentations or Multiscreen Extravaganzas. All with complete 'processor precision' Amazing special effects or simple slide-flips the range and flexibility is virtually unlimited. M V E*****/ SHOWTAPE The handy/ all-in-one/ do-it-yourself/ record/ playback kit 1 E***** PORTABLE
      97 words
  • Page 12 Miscellaneous
    • 62 12 Outlook for Singapore from 6am to lpm today: Showers in few areas from around noon. Report for 24 boars prior to 7JI pm on Jily 7 at the airport. Maximum temperature 33.1 Associated humidity 61 Minimum temperature 23.0 Associated humidity 96 Hours of sunshine 4.65 Rainfall in millimetres 12.0 Total
      62 words

  • SHIPPING TIMES
    • 178 13 THE Faculty of Law, National University of Singapore (NUS) and its courterpart of the University of Southampton will be conducting two five-day courses on selected aspects of maritime law. The courses will be an adaptation of the monthlong course which the University of
      178 words
    • 500 13  -  By JAN LEE FAST-EXPANDING Japanese vehicle carrier specialist, Eastern Car Liner, has added a new multipurpose vessel on its service from Japan to Singapore and Port Klang. The company now has eight vessels plying from Japan to this region, a service started four
      500 words
    • PORTSIDES
      • 55 13 Reuter THE Australia to Europe Shipping Conference said it will lower its currency adjustment factor to minus 12.59 per cent from minus 10.81 per cent, effective July 15. The new rate will apply to all cargoes except wool and goods carried under contract with the Metals and Minerals
        Reuter  -  55 words
      • 110 13 Reuter THE General Council of British Shipping (GCBS) tramp trip charter index fell slightly to 204 in June from 209 in May and is at its lowest level since September 1979 when the index stood at 183, the GCBS said. The basis for the index is
        Reuter  -  110 words
      • 89 13 AFP A NEW drydock for foreign ships has been completed at Lianyun harbour, one of China's major ports on the Yellow Sea. The dock has a dozen workshops for engineering, hull work, metal work, carpentry and heat treatment. It is part of Lianyun's expansion project which includes the
        AFP  -  89 words
      • 68 13 Reuter POLISH dock workers have threatened a onehour warning strike today to press their demands to be given special treatment. The National Coordinating Commission of Portworkers said they would stage strikes in all Polish ports and related enterprises on July 8. The dockers are pressing
        Reuter  -  68 words
    • 717 13 Shipping Line P*ge (M SMppteg Use P»g* CM Achipelego AIM Afro-Eurasia A li trans Alpac Angkutan Angonave ANL Antoil APL Argentine Asia Merchant A astasia Line Australian Cool Bait-Orient Baltic Bangkok Coot Bangladesh Bank Line BBS Bn Um Ben Ocean Ben Asia Benbulk Bintuhi Blrkart Blue Funnel
      717 words
    • 300 14 ARRIVALS KEPPEL WHARVES Bunga Melor (0600) 46 Jenson (0700) 22 Oceania Star (1800) 19 Santa Esperanza (0100) 5 Taisho Maru (1200) 23/24 Yuheng (0900) 18 Zhi Hu Yuan (ro-ro) (2359 after La Roc he lie) 35/36 CONTAINER TERMINAL Ever Voyager 54 Fondo 53S Lampung 52 La Rochelle
      300 words
    • 995 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of lines Operatn Arrival Date Time Ned Hoorn 243 8.7.81 1500 Ned-EAC TA 3 TT Mont Blanc Maru 36/330 87.81 MOL TA 4 TT Sovereign Accord 5SB
      995 words
    • 1365 14 BROKERS reported extremely quiet chartering condition* on Monday in all sections of the freight market mainly reflecting last Friday'» holiday in the US. Scattered business included a time-charter booking by British Steel of the Dean Belanak of 22,542 long dwt for delivery UK/Coot July 2/4 for a voyage
      1,365 words
    • 241 15 THE Port of Shuaiba in Kuwait is' to be the location for the latest Navire Cargo Gear linkspan wfiich will be built in Kuwait by Kuwait Shipbuilding and Repairyard Company. The linkspan has been designed by Navire Cargo ■Gear in conjunction with Shuaiba Port
      241 words
    • 369 15 Business Day OPERATIONS at the Manila International Port (MIP) slowed down during the first half of this year, with container throughput totalling only 28,438 TEUs. Rogelio Soledad, chief of port operations at MIP, said that if this trend continues, this year's performance would be
      Business Day  -  369 words
    • 153 15 CONTAINER traffic handled In thl Port of Mombasa doubled from 15,158 units in 1979 to 30,420 in 1980. There is now serious concern in the shipping community about the facilities available to handle this sector of the port's business. A group of lines, Mombasa representatives and
      153 words
    • 1013 15 Fairplay A GREAT deal of publicity, much of it bad, surrounds the success of the Japanese shipbuilding industry in securing orders for new tonnage in the face of strong competition from European, Scandinavian and Third World shipyards. However, the fact remains that the Japanese
      Fairplay  -  1,013 words
    • 695 19 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a maximum of three weeks. PN/PK
      695 words
  • Page 13 Advertisements
    • 441 13 Everett Lines FOR THE MOST F«EQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHIT T AGONG CALCUTTA •CHALNA •RANGOON BUfNOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. 8/A CliMwd Centre Singapore 1 Tel ***** 9 36 Beach Street. Penang Rm 36 103 OCBC Bldg lel P1441/3 Port Mang Agents SOCSHIP CO
      441 words
    • 311 13 ISEALORDO I UASC UNITED ARAB SHIPPING CO (SAG; •i i 11 11 Ul AIA EXPRESS MULTI PURPOSE SERVICES BN SHUHAD V.35 Inl BN ASAKR V.35 15 THEEKAR V 30 26 A VESSEL FULLY CONTAINERISED SERVICE carro acceptable intransit loading tor Dubai (21/7). Kuwait (23/7). Dammam (27/7) Abu Dhabi (29/7), I
      311 words
    • 13 13 CONTAINER Schedules II SHIPS In Port II SHIPPING Schedules VII/VIII REGIONAL Weather VIII
      13 words
    • 632 13 >V\S\\\v ss^ "p* SINIi\K)RF business Tmes Pwoocos Pubtcaiion FOR PEOPLE WHO MATTER *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.B. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Sjfcd 12-13/7 19-19/7 26-27/7 2-3/1 9-10/8 15-16/1 23-24/1 30-31/1 'SMGAPORE aOSMG TMES CT 12th M* 2300 HRS CFS 12th luty 1100 HRS
      632 words

  • Page 14 Advertisements
    • 671 14 CONTAINER SERVICE •Acca»ta* Europe c»(c In taatar m S'part *Mw tract carp tot Spart ft I Ph contact UK P Mm| tar taate iwpamit Daect UP Mmi i carp to ttoa*ea| t lapea t Karat EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT M kM 10/11 M Btona 25/7. C4M 31/7. B»ea 4/1,
      671 words
    • 295 14 SUPERCARRIER SERVICE FROM: U8 QULF US ATLANTIC EABT CANADA 11/7 nn mm nn an I vi I m nn nn nn kw vi nn nn 1 in nn nn nn vn nn nn in vi nn un nn 17/1 *22/1 nn nn i/» "VI vi in 1v» iw 2V» 1V»
      295 words

  • Page 15 Advertisements
    • 677 15 Overseas I Containers Limited STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT Ufw Bran k'mmp 95/1 <•»/!) 931t •7/1 N/l 11/ l 11/1 13/1 M/l 15/1 17/1 11/ l M/l 11/1 M/l a/i 27/ i a/i 27/1 a/i a/i 11/ l 13/9 a/9
      677 words
    • 299 15 rfo Franco Belquui Services IF.' F. h h, fir. t- .r F -.r r. I.tr.f c.m.c.r A P< 'M Anslo-F rench IradingCo.Pte.Ltd. Tit 777*111 MO 1 4731 M»; *TSI ik S"ipp'f>g a P Kvlang Tin,4 77 P*r\or>g S73*i A m AMERICAN PRESIDENT LINES, LTD ew LOAD SMGAPORE P WLANC PENANG
      299 words

  • Page 16 Advertisements
    • 478 16 TO WMTW EUtOft KCtftt* Iranstapment carp tor CMMEM/WEST HHS na Hamtwrj ToiormtMu in Spore n 17/7 18/7 12/1 S3 10/6 12/6 13/6 15/6 15/6 14/6 12/6 17/6 20/6 22/6 23/6 MjaBif 24/6 H/6 24/6 27/6 27/6 2t/6 1/7 2/7 l*|tßor 4/7 5/7 7/7 t/7 Agents SEGANI BnnOrf CfS \M 77?
      478 words
    • 512 16 J—f KOREA simm LINE HIPPINC CORPN t. K elans PENANG STORE VEGA 161W 7-9 My 1012 My 13 -15 My j*2»s!? AN BANGKOK VEGAI62E 7-9 My 10-12 My 13-15 My TO BUSAN ALTAR 165W 27-30 My 31 My-2 Auf 3-8 A* ALTAR 166E 27-30 My 31 My-2 Au| 34 At*
      512 words
    • 401 16 ©EVERGREEN LINE r FAR EAST FUROPE EXPRESS ruil CONTAINER SERVICE T ALSO ACCEPTING CARGO FOR: UNITED KMGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM. BRISTOL. LIVERPOOL, GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND mm AM V*n MM f «*>»*—■ u Vvth* h Nrt »/7 Jl/7 J/J V* 8/8
      401 words
    • 571 16 Everett Lines! A Mrim Fnrt Star Sliifpwi Corp*. Bk "BURMESE NATIONAL LINE LOADVI6 F(K RANGOON rpn r 1 mu/u x U/U M u/ u ir*** a/n M >*'££o*o BOUSTtAC SHTWG "MEXICAN NATIONAL LINE' FNt EAST/MEBCO ft COniftL MEMCA «WCE "w TIM tew* «f La*T IQMMG FOR ENSUMOA. MNZMUO. *CAfaCO. «CA«nA.
      571 words
    • 183 16 Helo.s.e. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE Dm OOJW wm t UNUIMCI ra L» MM m 22MIM/7 t *****71 i un iu mm. mn» "mSw un m wmm n u-nwvmi rant murm nm i immpmt m »m3l am KARACHI SERVICE wmm palme raws low rat 21-22/7 23-24/7
      183 words

  • Page 17 Advertisements
    • 798 17 PIL GROUP FULL CONTAINER SERi'ICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 31-1/9 6-7/10 10-11/11 Accepting LCL Cargo to Colombo A Aqaba. FCL Closing 24/7 23GC Hra. S E A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' n VOY. 445/45N 465/47N 465/47N 48S/49N Closing Tima: FCL 11/7 2300 HRS
      798 words
    • 675 17 BENLINE CONTAINERS 1 o BEN ASIA CONTAINER SERVICE EXPRESS CONTANER SERVICE STRAUS/ TWW AN/ MP AN FaMy Act MM Ctarf Act Mil tan* MX Charty Bag! M 3 Fartr Ac* Mil Oott *<. Mil FROM MPM riarxcT ITM Bay In *711 Bern* 57* Oil) la|i 471) FaMy Act 1711 Stan
      675 words
    • 310 17 Km VA 4 V i v a I f f f I I', I h 1 \> i i it Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE «mca SH I Mrt* 10/7 I ftNMA 17/7 I OMR 24/7 PfWCA 31/7 OMlft in 14/1 MM* 71/1 i nwu 24/4 ln»nH UK
      310 words
    • 587 17 BOUSTEAD SHIPPING AGENCIES \a BANK LINE FOR REIfOK t S. AFRICA A. VESSEL Spore: Aug Also occepting FCL containers flooding direct for Reunion, Durban ond Capetown only) Lukes Lines U.S. WEST COAST SERVICE i— BHd (row SfO Ibch SFORf Bl*N S tk/Tac ffiC LESUE LYKES 9d SM 16/7 lt/7 12/1
      587 words

  • Page 18 Advertisements
    • 775 18 I ■mm Kline KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Enter twdcr muk aho aratable on request Carpcs aho acceplaftle far oit Land Vancouver Portland Houston Galveston. New Orleans Baston. SI M«i. PMadeMu Nortoft Baft more Savannah, lacksomNe TO EUROPE S pore P Kelang L Havre Rdam
      775 words
    • 644 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE wdx( tar: lOS ANGELES SAN FRANCBCO, SEATTU. TACOMA VANCOUVER B C Acc«pt»«t Fa/fa Cortmn M»«l Smfjpoft I Anpto El" i »m <ta( I S«* AUSTRALIA EXPRESS CONTAINER SERVICE Acccptmf FCL/FCL Cwtataw P S pwe Meib Add Syd Aha accepts It My 17 My
      644 words
    • 399 18 H < (>roii|) SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILOING SINGAPORE 0104 ARRETING 9111?? <3 LINES! GENERAL 91 3111 114 LINESi TERMINAL OEfICE ???3583 LEX RS ?4595 RS ?5568 A/B CARSHIP CAPLE CARGOSHIP liai !'«i!Sr u.K-s WEEKLY CONTAINER SERVICE to/from BANGKOK S/\G4POR£ ISL4\DS V/ l: MIDDLE EAST REGULAR
      399 words
    • 580 18 KORINS MARITIME SERVICES Room 601 ICB Building. Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES STORE P. KELANG LOADING FOR: A VESSEL 12 Jul Bahrain BUNGA VANDA... 20 Jul Jeddah/P.Sudan A VESSEL 20 Jul Iran Ports £3 iHyundae Shipping Co. Ltd. ASIA MERCHANT MARINE
      580 words
    • 584 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****1V*****57 zmW-'lL'l, T. BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Singapore loading for DMT AMERICANA WBIIO 12 U Jeddah/M'seSes/HaiidMrg/ Rotterdam/Tlwry A FDEUTY *8111 28 Jul jeddah/Uvomo/ITsoaos/ Hambirg/Rotterdam/ Htoury FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE
      584 words

  • Page 19 Advertisements
    • 503 19 N GAKMET 6* C. PHI 27* X. CHANCE 4N..„ S S BUDGE 32W K. MCE MM 14N TN BRDGE 7N. Also accepting cargo to/from Scandinavia +C, Container S pore Closing Times: FCL Cargo 1430 9/7 ICL Cargo 0230 9/7 FROM EUROPE (VIA SUEZ) IP. Mag I 10/7 Sngapwe 12/7 19/7
      503 words
    • 380 19 MALDIVE LINES n* ETA ETA SPORE KUANTAN TOUT KEIANG MALDWE BTWTDt 15/7 Loading For Mate only mum NATION 20/7 Loading for Dvbai/Doha/Bah ram Damnum MALOWE NEKMOW 25/7 Loadin| for Dammam mom mm 11/7 Loading For Jeddati MALDfVE MAGE 30/7 Loading For Jeddah HAWK PEACE 30/7 Loading For Dubat/Dammam/ Kuwait MAUNVE
      380 words
    • 284 19 4s SINSOV SINGAPORE SOVET SMPPMG CO PRIVATE LTD SMSOV BURJNNG 55, IMwt SM 0104 Telephone Numbers *****3 (10 Um) CiMt Adfrcss SMSOV SMGRTORE TMri Numbers RS ***** RS ***** RS ***** POMH6 M/S SMMMAT MM SOn ON. M. IST AMD 2ND FlOOB. MM IMON6 JIMIMb 23 NeM Qwy Pen** NO
      284 words
    • 187 19 r\ CAIV7in/ll I 1M vyr-ii v«i 11 k.i 1 A'JTHORU t SHIPPI\G AND 1 RAOING P'f I NAf.fITDAH AGFNSI SON BHD THF RORStO CP (SAR: SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BINTULU sun KMC MTU (Ml 1M) nj I 1711 ma lONS ura (Mi i«) i u; JI
      187 words

  • Page 20 Advertisements
    • 742 20 A ANTOLL LINES Independent FCL Containers Heavy Lifts liner Service o»ect B Is to ttttAlX MIIB (G'IONGI STWtt B*tSBA»t USAUNU Port Singapore In Port Port Retanf My 9 Penanj My 11 Adelaide Met) (6'lonf) Wy 24 Hobart My 27 Sydney My 31 Brisbane Auf 3 Sagaland SoOrott 15S/18N 16S/19N Auf
      742 words
    • 610 20 MAGINCO SHIPPING LINES PTE LTD SUITE 3003 INTERNATIONAL PLAZA ANSON ROAD, SINGAPORE 0207 TEL: *****11 (7 Line*) REGULAR SERVICE TO MIDDLE EAST/RED SEA W. MALAYSIA TERUNA MARINE (FAR EAST) SON BHD K.L.: *****3, P. KLANG: *****0, PENANG: *****8 BALTIC ENTERPRISES PTE LTD Suite 324, 3rd Floor ICB Building Shenton Way,
      610 words
    • 490 20 pi GSA U Cm,. 0 M P«mns I LIME Spore P Kelang Penang Loading tor: M.V. SEATRA 15M17M union/Dwtoan/ CuillWHl A VESSEL 17 Ml 9 M 21 M Cafanto/Kir acta/ Dubai OK awui Mom GRANARD SHPPWG AGENCES (S) PTE LTD. M *****77 (5 Ims) *****37 <D»ect) P Kelang om TRADMG
      490 words
    • 267 20 2 WOOD LINE Bulk Timber and Plywood Service UK/CONTINENT SERVICE SfMTt r*eUnc T J*ani T. *jr«r Lead* tor SRVER PR M. 004 14/7 11/7 SM NANTES/RDM/ m/am moot S/l 9/1 3/1 NANTES/RDM IK NIOM 4/9 7/9 1/9 NANTES/RDM, UK SOUTH AFRICA SERVICE Sm HtUm Lm*« Mr. SA 001 IS/I lt/l
      267 words
    • 348 20 aTransocean Liners (Pte) Ltd. 1005-1008 10H» Floor, (obme House, Sh—tow Way, Singapore 0106 Pkow: 22T0333 Tctn: R*****9 Representing INTERMARITIME LTD. REGULAR SERVICE TO SOUTH AFRICA S'pore P.Kelong Loading for: MV "ARIZONA SUN" 30/7 8/8 Durbon, Cape Town Agents H.S.H. (M) Sdn Bhd. Port Keianj *****6. *****6 Kiab Lumpur 4X6027, 4*60*3
      348 words
  • Page 20 Miscellaneous
    • 172 20 Regional Weather 45 M SRSJ m s -At si K ■> H r 4 S3 zc g® l' 5 S'V, 381 11 Srss sa °C yA O w Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature
      172 words