The Business Times, 20 July 1979

Total Pages: 18
1 18 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. IM/1/79 FRIDAY, JULY 29, 1979 50 CENTS
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  • BRIEFLY...
    • 88 1 AP GENEVA, Thurs. On the eve of the United Nations conference on Indochinese refugees, Vietnam refused to discuss the causes of the mass exodus of its populace but claimed it was willing to "regularize and channel" the flow to resettlement countries. Denouncing what he called an international campaign
      AP  -  88 words
    • 58 1 UPI WASHINGTON, Thurs. US President Carter has decided to accept the resignation of Health, Education and Welfare Secretary Joseph Califano and to replace him with Housing and Urban Development Secretary Patricia Harris, several sources reported today. Mr Carter will complete the rebuilding of his Cabinet and top White
      UPI  -  58 words
    • 57 1 AP MANILA, Thurs. Two hotels the Philippines plans to build and manage in China will cost Manila about US$2O million (Ss43 million), a government minister said today. The hotels are a joint venture with China, but the agreement specifies that the Philippines will arrange financing of the
      AP  -  57 words
    • 71 1 UPI LISBON, Thurs. Portugal's President Antonio Ramalho Eanes asked a woman to form a caretaker Cabinet and oversee interim elections, crowding British Prime Minister Margaret Thatcher out of her role as Europe's only female head-of-government. Maria de Lurdes Pintasilgo, Portugal's 49-year-old ambassador to Unesco, left a private
      UPI  -  71 words
    • 60 1 Reuter MANILA, Thurs. The outlook for long-term Philippine crude oil supplies over the next five to 10 years is optimistic, Industry Minister Vicente Patemo said. Production of indigenous crude oil which started in February is expected to expand as new fields are discovered and put into production.
      Reuter  -  60 words
    • 67 1 Reuter S\ DNEY, Thurs. Hdpes rose today for an end to a go-slow by postal workers here which has created a backlog of 20 million letters and disrupted commerce. Mail sorters, who staged a 24-hour total stoppage yesterday, have been waging an industrial campaign for two weeks
      Reuter  -  67 words
    • 67 1 UPI NEW YORK, Thurs. The stock market moved higher early today with the aid of bargain hunters. Trading was active. The Dow Jones industrial average, which managed to gain 0.08 point after being down 8 points yesterday, was ahead 1.53 points to 830.11 in early morning trading. Advances
      UPI  -  67 words
  • 128 1 Rises Indices Slhn Kinta C C Hong Leong Duff Dev Wearnes Batu Kawan Malakoff Intracc SEAL O I T Kuala Sidim Kramat Public BaVik Glenealv 845 284 324 288 243 241 296 238 228 185 292 376 221 211 25 19 14 9 9 9 8 8
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  • Article, Illustration
    143 1 Rises Indices Jul 18 Jul 19 Malayan Tin 1710 20 B.T Index: 3289.73 3296.13 c and c 283 15 Industrials 409.96 411.58 P Chem 362 12 Finance: 616.71 614.02 M Cables 160 11 Hotels: 254.62 254.54 C and C Bintang 268 10 Properties 238.85 239.17 wearne 244 08
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  • 622 1  -  NO MANDATORY RESPONSIBILITY By MARGARET THOMAS DR OW Chin Hock, Parliamentary Secretary (Culture), yesterday outlined exactly the kind of social responsibility the government expects of local businessmen and their companies. Business corporations, he said, have a responsibility not only to their shareholders, but also to
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  • 250 1 HONG Leong Finance yesterday announced a rights issie of three new shares of SI each for every four shares held, at $1.60 per new share. The long-awaited rights issue will raise its existing paid-up capital of $23.1 million to $40,425 million. The proposed rights issue will
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  • 540 1  -  By TSANG SAU YIN ADVERTISERS are up in arms over the airport authorities' stricter contract requirements on the makeup of advertisement panels in the departure building of the Paya Lebar International Airport. The Department of Civil Aviation (DCA) through its appointed agents, Pearl and Dean
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  • 206 1 THE UNITED Overseas Bank (UOB) group has increased its stake in Haw Par Brothers International to 17.24 per cent of the latter's enlarged share capital of $123.90 million. In an announcement late yesterday evening, UOB said it had decided to take up 7.86 million shares in
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  • 279 1 Oversea-Ckiaese Banking orporation (OC'BC), Overseas Union Bank (OUB) and Asia Commercial Banking (orporation (ACBC) have joined Ike latest round tf interest rate increases. All tkree banks kave slapped a quarter-point increase to their prime lending rates (PLR) witk OCBC quoting from today 8
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  • 478 1  -  By FOO CHOY PENG THE opening of the JapanAsean provisional centre for the promotion of trade, tourism and investment has been delayed further by some obstacles. The centre was to have been opened in May when an interim agreement, in the form of an exchange
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  • Page 1 Advertisements
    • 3 1 The well-balanced PPC
      3 words
    • 159 1 Plan a better future with an ACBC savings account tf At ACBC we care, and we've made it so easy for you to save with us For just one dollar, you can open an ACBC savings account and earn up to 6% p a. interest on your savings. And because
      159 words
    • 71 1 imii-M SHIPPING TIMES SOUTH Korea (aces stagnation. 3 MALAYAN Cement set for OECD predicts easing of spot another poor showing— 11 oU prices 5 GUTHRIE Corp likely to face BEHIND the rise In flsli prices.. 7 streng opposition to FURTHER easing of UK ex- MAY trade deficit sharply change c0ntr01—.............
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    • 0 1 [[&&>}^;=]/!+@(\@@*'$<~)+./"+:)
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    • 476 1 1* thai puis no punches. a„ r Advertisement An Extract from "Oriental Rugs Antique Modern" by Walter A. Hawley, published 1913. As those who have expert knowledge of the value of Oriental Rugs are exceedingly few compared with those who admire ancf wish to own them, consequently there are pitfalls
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  • TRADE AND INUSTRY
    • 213 2 LEE ONN, one of the largest jewellers in Singapore, is looking for more agents in Australia. Mr Y H Loke, managing director (exports) of Lee Onn, said that while he expects the Australian market to be a modest one, it would still be useful for the company
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    • 441 2 COURSES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, srrc, srrc June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies July 23-24: Project Financial Investment Appraisal, Hyatt Hotel, Price Waterhouse Associates July 26-27: An Engineer's Guide to
      441 words
    • 496 2  -  By RUTH CHENG SAUDI Arabia promises to be the market with the greatest potential in West Asia for Singapore products. According to the latest issue of the Commercial Bulletin compiled by the Department of Trade, the oilrich country is now Singapore's fourth largest trading partner.
      496 words
    • 169 2 THE SINGAPORE plywood industry must take definite steps to reduce its labour force if it is to remain competitive in the international market. The recent recommendations of the Singapore National Wages Council presages rapid increases in labour cost in coming years. Efficient machinery must therefore
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    • 261 2 THE SINGAPORE Association of Shipbuilders and Repairers (Sasar), the Ministry of Labour and the National Trades Union Congress (NTUC) are organising a Shipyard Safety and Health Exhibition at the World Trade Centre from July 27 to 29. Exhibits will include all aspects of safety
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    • 63 2 THE Singapore Government is offering 69 lots of used motor vehicles, plants and stores for public auction on July 30. 1979 at the premises of Cheong Koon Seng Co. The items for auction can be viewed on the July 26 to 28 during normal office hours at PWD
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    • 366 2 BRISK sales and orders totalling nearly several million dollars were made after four days of exhibition at W—d *79, the first international forestry, timber processing and woodworking exhibition held in this region. Indonesia was the largest buyer with several orders for various timber-logging lorries
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    • 561 2  -  By HSUNG BEE HWA THE cost of living continued to rise last month, though at a slower monthly rate than in May. It is the third consecutive rise of the consumer price index since April and is a reversal of the
      561 words
    • 272 2 MR James Hum 30, has been promoted to the position of regional controller of American Express Card for South-east Asia and the Indian Subcontinent. A Bachelor of Commerce graduate of the University of Western Australia, he joined American Express Card in Sydney and spent two years with
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  • Page 2 Advertisements
    • 18 2 CRUSE WINES Quality wines from France's ID f i vineyards C UVEE EXTRA a «*V Jardine Marketing Services
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    • 66 2 THE ASEAN REPORT (in two volumes) Author: Thomas W Allen Edited by: Barry Wain Publisher: The Asian Wall Street Journal 1979 As reviewed in the Business Times issue dated 18th June 1979 PR'CE: S$275A per set (free airmail delivery from Hongkong) TIMES DISTRIBUTORS SDN BHD Mail Order Division 1, New
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  • REGIONAL
    • 370 3 AFP HONGKONG'S heated economy is cooling following budget measures announced earlier this year. Financial Secretary Philip Haddon-Cave yesterday told the Legislative Council that evidence of the slowdown is in the growing volume of trade, the decreasing visible trade deficit and the slowdown in monetary
      AFP  -  370 words
    • 94 3 Reuter CHINA is to produce up to 50,500 gold coins to commemmorate the International Year of the Child, it was announced yesterday. The coins, which will have a face value of 450 yuan (Ss6ls), will be issued as part of an international programme sponsored by
      Reuter  -  94 words
    • 766 3 Reuter SOUTH Korea's drive to join the ranks of smaller industrial powers has stalled in the wake of soaring world energy prices, according to government and private analysts. The government of President Park Chung-Hee, which last week ordered a dramatic average 59 per
      Reuter  -  766 words
    • 140 3 Japan's T T Corp to study bid system UPI THE Japan Telegraph and Telephone Corp will establish in August a special office called the "Gatt Tokyo Round Countermeasure Committee" to study what communication equipment can be procured from abroad, mainly the United States. The corporation's reluctance to allow American participation
      UPI  -  140 words
    • 200 3 AFP JAPAN may show a deficit of between US$2 billion and S3 billion in the next 12 months on its current payments account, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday. It noted that surpluses have occurred since 1976 and that Japan's surplus last year
      AFP  -  200 words
    • 574 3 Agencies THE Carter Administration is considering a major rescue operation at sea, using ships of the US Navy in an effort to ease the plight of Indochina's "boat people." US officials said this was one option under discussion in advance of today's United Nations-sponsored
      Agencies  -  574 words
    • 235 3 THE Malaysian government is taking "drastic and determined action" against contractors who fall behind the time scheduled for completion of projects. This includes terminating the contract and listing the defaulting contractors, Deputy Works and Utilities Minister Dr Nik Hussein Abdul Rahman warned.
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    • 542 3 AP UNEMPLOYMENT, the bane of capitalist societies, has struck proletarian China. A leading economist has proposed a loosening of state control over job assignments as one way to combat it. The phenomenon of unemployment is new to China. For 30 years it
      AP  -  542 words
    • 49 3 Y. B. Chavan, leader of the parliamentary opposition in India and former foreign minister, seen leaving Parliament last week after his no-confidence motion which forced Prime Minister Morarji Desai to resign. On Wednesday, Mr Chavan was asked to form a new government. AP photo AP photo
      AP photo  -  49 words
    • 143 3 AP CHINA has opened an air transit route from Hongkong to the Sino-Burmese border, passing over Guangzhou, Kunming and Lincang, to foreign airlines, the Chinese news agency Xinhua report--3d yesterday. China has also opened Baiyun, an airport in 3uangzhou as an emergency ending airport for foreign
      AP  -  143 words
  • Page 3 Advertisements
    • 185 3 mm I DATSUNI6OB The newcomer with a great flair for style Sharp lines Soft curves They add up to the stately appearance of tne new Datsun 1608 It's a flair tor style everyone with good taste will appreciate Its sparkling performance will please you even more You re assured of
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  • RAW MATERIALS
    • 287 4 Reuter PHILIPPINE coconut exports in the first half of 1979 earned U*****.4 million. 12 per cent more than the $398.6 million in the same period last year. The volume was 713,859 tonnes in copra terms, or 29 per cent below the 1.02 million
      Reuter  -  287 words
    • 209 4 AFP THE GROSS value of Australian wool production in the year ending June 30, 1980. is forecast to increase by 2.6 per cent to A 51.390 million, according to the Bureau of Agricultural Economics. In a paper on likely trends in agricultural commodities published
      AFP  -  209 words
    • 235 4 AFP THE RECENT price rise of crude oil could provide an indirect boost to sisal, specialist commodity broker Wiggleworth said in its latest review. Synthetic fibres have provided fierce competition for sisal over the years, but Wigglesworth sees some reversion to natural fibre in the longer
      AFP  -  235 words
    • 314 4 THE Singapore rubber market yesterday closed slightly higher with August One RSS buyers quoted at 292.50 cents per kilo, up four cents from Wednesday's close, dealers said. Morning prices were marked up about 5.75 cents on higher London advices, short-covering interest, trade, upcountry and speculative buying, they said. Afternoon
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    • 428 4 R A S. prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S. prompt (.o.b. 294.30 295 50N 294.75 295 75N Int. 1 R.S.S. August 292.25 292.75 292.50 293 00 Int. 1 R.S.S. September 291.25 291 75 291 00
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    • 141 4 NOON SSR and SMR pnm vnt»rdi\ RAS August September (Current Mth> <r orward Ntkl Bayer* Seller* Bayers Seller* SSR 20 11 tor pallet! 280 OON i 282 00N 280 00 282 00N SSR 50 11 ton pallet i 277 00 279 OON 277 00 279 00N MRELB
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    • 58 4 THE STRAITS tin price in Penang yesterday was unchanged at M$l,K5 a picni. Conditions were steady following further inquiries from US and European traders despite an easier overnight London closing and slightly higher tin delivery, dealers said. Total turnover rose to 211 tonnes from 189 tonnes on Wednesday
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    • 29 4 Rubber: July 19 Singapore: August: 292.50 cents (up 4 cents) Malaysia: August: 292.50 cents (up 3.50 cents) Tin: $1,955 (unchanged) Official offering: 201 tonnes (up 12 tonnes)
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    • 341 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class i Kangaroo) new crop 0 96. 100 per cent second class 0 85. 100 per cent third class 0.80. 25 per cent new crop no stock. B-10 per cent 070 THAI BROKEN A-super
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    • 379 4 THE WEAKENING of the US dollar continued to hamper commodity trading on the Singapore produce market yesterday. Inquiries received from overseas had mostly been turned down, as most of these were for purchases of futures. Dealers would only permit themselves to deal on spot basis and this necessarily
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    • 255 4 CHICAGO soybean futures on Wednesday lost their grip on gains late in the day to close mostly lower. Prices ended up seven US cents a bushel in spot July but off 1 1 2 to 1,4 cent in other months. Traders said the lastminute break in prices came on
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    • 151 4 WHEAT futures on the Chicago Board of Trade on Wednesday closed l'i to eight US cents a bushel higher after being supported throughout the day by commission-house buying. Traders said prices closed near their lows after being trimmed near the finish by local long liquidation and by hedging. Prices
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    • 68 4 C.I.F North European ports. In US dollars per ton unless otherwise stated LONDON: Wed Previous Malaysian SHffa bulk per tonne September 690slr 684slr Sumatra 5* 1 fa bulk July 705slr 700slr August 702 sir TOOslr September 700slr/ 69Spd 69&slr October 697 sir/ 695pd 695slr/ 687 pd Nigeria b%
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    • 180 4 SUGAR futures trading yesterday continued the recent quiet trend with no trades registered as on Wednesday, dealers said. July closed at 61.00/20 US cents against Wednesday's 61.60/80 close, October at 63.10/30 against 64.10/30 with the distant May at 64.70/90 against 65.30/50 cents. Sugar futures closing prices: CMi| PrrvWu
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    • 199 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) (Mn yin: China Blur Phoenix 20s 2.280 32s 2.815 40s 3.030 (per bale of 400 lbs). Pleee China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq. Flower and Butterfly unq;
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    • 89 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from July 19 until further notice: Robber: 293 7 cents a kilo; C*pra: M 51.355.84 a tonne; Palm kernel: 5955 75 a tonne; White pepper: $4,501.56 a tonne; Black pepper: $3,110.17 a tonne; The rates of
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    • 705 4 COFFEE: Dealers said contrary to earlier expectations, robusta futures opened sharply lower yesterday with losses at one point during the first call ranging to around £32 per tonne basis September at £1840. At the end of the opening call, however, values turned mixed and were mostly £17 lower
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    • 91 4 Reuter THREE representatives of China's National Mineral and Metals Import and Export Corporation may tour several American cities daring a three-month visit aimed at expanding sales, the National Conncil for US-China trade said. It said the delegation is offering antimony, cadmium, tungsten, mercury,
      Reuter  -  91 words
  • ASIAN STOCKS
    • 613 4 Tokyo Source: DBS-Daiwa HIGH-PRICED, medium-sized blue chips continued to ease yesterday following switching to incentive-backed issues and some trading-house issues. The Nikkei Dow-Jones average which closed higher in the morning, lost some ground in the afternoon, since forerunning resources-related issues including Telkoku Oil fell sharply
      Source: DBS-Daiwa  -  613 words
    • 242 4 JULY 19 HK* *tAm&l Rubber Associated Hotels RnwiMi Cheonc Kong China Enn China Light City Hotels City Urban 3.70B 2975 12.90 4 ITS 2100 172 0025 01 006 0.5 Comsopol Cross Harb Tunnel East Asia Navig Far East Exch Phlle* 9 00B 590 0.1443 unch +0.1 H/S Hotels Hang
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    • 255 4 JULY 18 jenu INDUSTRIALS a r i <h ai A. N. 1 IK »3 A P fi lit unch Ampol Pet B H P •7 +1 928 +2 302 unch Borml 220 -6 Brambles in -2 C. B. A MO -2 C. 8 R 366 -2 Con Allied 730
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    • 97 4 JULY 19 Peso* Aco)e Mining 0088 -0 0008 AUu Con. A AUu Con B 11.80 +0.3 Baculo OoW ooae -***** Bencuel Con. B BF Goodrich 24.10 unch 18 unch CDCP ji IS JO -0J Inco B L*nrtnll 013ft -***** L* pan to B .1779 0 0075 Marlnduque B 8.90
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    • 140 4 JULY It Bthu AM* Credit 232 A*l» Fibre in ♦1 Ayulhaya Inv And Trust 135 44 Bangkok Investment Bangkok Bank 342 unc Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 566 -2 Bangkok Nylon Bank Of Asia 180 unc Bank Of Ayudhaya Ltd Bata Berll Jucker 349 4
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    • 60 4 FINANCIAL TIMES INDUSTRIALS Wednesday 472.0 Tuesday 478.0 Week Ago 473.9 DOW JONES AVERAGE INDUSTRIALS Wednesday 828.58 Tuesday 828.50 Week ago closed LONDON DOLLAR PREMIUM Wednesday susp Tuesday 26' to 27 H.K.HANG SENG Thursday 567.05 Wednesday 557.83 Week ago 536.63 SYDNEY INDUSTRIALS Thursday 695.85 Wednesday 487 41 Week ago
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  • Page 4 Advertisements
    • 154 4 One Australian bank now has a branch in Singapore One Australian bank has the expertise to provide a complete specialist service in international business, including: foreign exchange J^jj dealings, trade B finance, and deposits and loans a wide range of currencies. One Australian bank has offices in Hong Kong, Singapore,
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  • OVERSEAS
    • 702 5 ARRIVALS Service Local Operator Number Time From SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103 1045 KUL SIA SQ211 1045 HLP MAS MH605 1045
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    • 420 5 AP IT'S law-of-the-sea time again for the UN. Over one thousand delegates resumed negotiations yesterday to work out orderly and fair access to the sea and its riches. The six-year-old conference, which has met for a total of 57 weeks in eight sessions since 1973,
      AP  -  420 words
    • 135 5 AFP NEGOTIATIONS on tradesafeguarding measures the last section of the Tokyo Round multilateral talks on which agreement has not been reached are still deadlocked, Common Market sources sal din Geneva. I nder a timetable laid down in April, these negotiations sponsored by the General Agreement oa
      AFP  -  135 words
    • 247 5 THE DROUGHT stricken nations of West Africa pleaded for an extra USS2 billion (5J4.4 billion) in aid to help them become selfsufficient in food. Addressing a world conference on agrarian reform and rural development. Gambian Agriculture Minister Mr Daffeh said they had already
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    • 300 5 A SMALL group of America's congressional Democrats and the oil workers' union are locked in an intensive lobbying struggle with the multinational petroleum companies, on a bill that would create a national purchasing agency to acquire all the oil imported into the US.
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    • 617 5 Reuter ECONOMISTS from the Organisation for Economic Cooperation and Development (OECD) said some easing in spot market oil prices and in the premium currently charged for contracted oil can be expected next year, reflecting reduced demand caused by a economic slowdown in the
      Reuter  -  617 words
    • WORLD IN BRIEF
      • 199 5 Agencies A CONSORTIUM of 40 Japanese, British, Canadian and other foreign banks is to help New York City borrow US$6OO million (5X1.32 billion) on the short-term capital market, Edward Koch, the mayor, announced. It is the first time since the financial crisis in 1975 that banks
        Agencies  -  199 words
  • Page 5 Advertisements
    • 251 5 f 1 ■p* ii 4 .U t UtJACt I: > > 5 -i -J SSs^P. wswm. i ffitfcjiagi SA <- ~-t <■ «3 rr»r»3i >•% y.. TKHyk/ '■mam:/' r/ %wmk'a IS BUT MINUTES AWAY FROM Experience the incredible handling, the technical superiority of the unbeatable BMW machine. All it takes
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  • 721 6 THE SOCIAL responsibility of companies, as spelt out by Dr Ow Chin Hock yesterday, makes for interesting reading by all companies, foreign and local, large and small. Dr Ow has stated in no uncertain terms just what he considers firms in Singapore should be doing
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  • The oil crunch
    • 844 6  -  By DAI HAYWARD FT AS a country which hands out driving licences to 15-year-olds and where one in four homes is a three-car family, New Zealand runs the US close as the world's great "automotive society." And, like America, it is reeling from the oil crisis. The
      FT  -  844 words
    • 931 6  -  By JOHN ROGERS Reuter THE WORLD'S biggest energy consumers, used to abundant supplies at lowprices, are about to face the crunch. Not the Americans, but Canada's 23 million people, who outstrip the US in perhead energy consumption by about 4.5 per cent, according to international energy agency figures.
      Reuter  -  931 words
  • 652 6 WALLS may have ears, but the people who build them don't have much of a tongue, or so they say themselves the builders, I mean. A colleague recently attended a press conference called by local contractors who wanted to explain the difficulties faced by them in
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  • Page 6 Advertisements
    • 115 6 SESP! Draw a crowd to a sale or sell a drawing of a sale. Leisure Times is right on target For as little as $15. you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just opened in Leisure
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  • Page 6 Miscellaneous
    • 1416 6 The newspaper scene HERE'S year ckuee everything yea always wanted te know about the publication of n newspaper. Let oar partner in the world of mass communication the little box take yon Behind The Scene at 11J9 and show yon how the New York Times is pnt together. The documentary
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  • 1121 7  -  FARIIM. With JOHN DRYSDALE EVERYONE has become acutely aware recently of current and threatening price increases. One does not have to look far for the main cause: Iran's revolution, the tightness in world oil supplies and the consequent escalation in oil prices. So
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  • 219 7 Letter to the Editor Dear Sir, I have read your editorial and the subsequent correspondence in your paper, on the subject of a ban on advertisement by professional people. I personally could not agree with you more that such a ban is not only unreasonable, but also,
    219 words
  • 1027 7  -  JAPANESE companies are sensitive to criticism from their shareholders it is impolite, embarassing, and best avoided. So they pay "protection money" to a strange breed of minority shareholder, to ward off any trouble at meetings. YOKO SHIBATA reports. YOKO SHIBATA FT FOUR hundred and
    FT  -  1,027 words
  • Page 7 Advertisements
    • 196 7 This little known side of us is a surprisingly big part of yourworid From the places you work in, to the homes you live in, the Industrial and Commercial Division of Cycle Carriage Enterprises has got your world covered in more ways than you know. In lndustr> and Transportation Our
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 202 8 JULY 18 Fls ABN 329 50 -*-4.5 Ahold 88 20 -0.3 Akzo 27.50 -0.2 AMEV 8000 -0.7 Am fas 111 80 •*■0.1 Amrot Bank 68.70 1.2 Bergoss 53 00 unch Berk 95 00 -0.2 Bols 61 80 -0.3 BorsumiJ 167 00 423 Burhmann 6200 -02 Byenkorf 68 50 13
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      • 277 8 JULY 18 Frs CORBE1LLE Alr-Liquide 457 -*-30 B S N Oervais Danone 644 -1 C S F (ThomsonCsf) ***** -5.4 Cle Francaise dfs Petroles 189 10 -2.4 Compagnle Financier* Compagnle Generale 350 -3 Credit Fonder De France ***** -0.4 Hachette (Libralrle) 225 50 -1.5 Machines Bull 56 20 03
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      • 195 8 JULY 18 Francs Actions SuLsses 295 >4 Alusulsse Br. 1240 unch Alusulsse Reg 482 unch Brown Boverl Br 1830 -10 Clba Oelgy Br. 1240 unch Clba Gelgy PCW5 unch Clba Gelgy Reg Credit Suisse Br 675 unch 2180 unch Credit Suisse Reg 424 -1 Elektrowatt Br 2006 unch George
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      • 212 8 JULY u Dm Aef-Telefunken 49 XB Akxo 25.20 unch Allz Leben 745 00 unch Allx Vers 445 00 3 BASF 137 10 09 Bay H T Wbank 247 00 4 Bay Vbank ***** 7 2 Bayer 127 70 1J5 BBC 277 OOB BMW 190 00 Cassella 343 00 1
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      • 100 8 JULY U Frs FORWARD MARKET Acec 380 Arbed ss« -J -5 Altar m Brascan sm -10 Bru-Lamb 1HS -S Can par (14 24 Cock 410 .j De Bwrs ISO J Ebes 2185 1 -S l unch i *5 1 -6 Elcctrobei 87W Gb-Inno-Bm 2S«fi Ov 1210 Hobok 2825 unch
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      • 104 8 JULY 18 Lire Anir 3050 -0.5 Assoc Oen ***** 29C Bastofl 721 •11 Centrale 5152 -♦-37 Flat 2900 -18 FlnskSer ISO 75 -0 25 Oen Immob 77 50 •2 IF! Prt 2360 -25 Italcementl ***** 200 iLftlfat 735 4-8 Italslder 386 -1 Mafneti M Pf m uncfi Marelll Ere
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    • 209 8 JULY IS CS Abitlbl 1* Alcan 38 S Alfoma rt\ Bank Mont MH unch Bank Nova ScoUa 24 S ->* Bell Tel 21* unch Beth Corp BP Can Ltd 26S Brascan 22V Camp Red Lake 23 Can Imp Bk 27Vi -u Canpac 31 <* Can par inv PI 16hB
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    • 279 8 JULY It Rand INDUSTRIALS A AlpH. 158 4-3 A bercom 230 AE And CI 435 5 AMIC 1450B Barlows 585 -5 Cf Sugar 645 unch CNA 250 5 Currte Finance 84 unch De Beers Ind 1650 unch Edcon 230 Edgars 4000 •f 50 Eveready Fed Volk Z 200 ♦10
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  • Page 8 Advertisements
    • 244 8 Where to wine, dine and entertain I •l V "acnage Cost <2 daw 11 S.ngi« Occupancy S»' 00 Twrr Occupancy SJIIO 0C Tne« Occupancy SSiOOO Mu -o oercnaiet! CJwdren under 12 year* accompany ov parents SJ'5l »ac«age includes Accommodate jxos >W'astOi»ne' Go«ed 'mo' Serosa 'stand SON iwts o" graar -an
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    • 145 8 lubtrtus feu For lunch. For dinner. For a richly rewarding experience. Also Businessmen s Lunch Monday to Friday SIS A% CESS ■Javanese R;jstafel Saturdav Sundtiv. Sib CESS For reservations call *****77 Jk<§> (Vlltlll*y I'lirk SlK'■*]!«Ml SHFPATrr. hOTP CSV iMf.c. O ~:nc -J r IJUGOS LUNGI IH( SIDEB( )AKI) s< i\(h
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    • 155 8 See Page 4 for Asian stocks e See Page 9 for NYSE stocks Skin?ese Seafood 9 rt. i rkp *lolrl *rv fit V 3LJ Jill _7 j 'I t (J1 Everyday is a Dig house affair for us Because each day is another new opportunity to perfect our service to
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    • 131 8 Take a new look at the Harbour Grill. Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice OS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef. Leo Waldemeier help you pick a menu that will make it a
      131 words
    • 167 8 i i tf: THE RIGHT LIGHT DRINK FOR A SERIOUS LUNCH Cool, refreshing, lifts you up. Pink, light, doesn t knock you down. Only discerning palates can acquire this new taste sensation. Campan Tonic Campari Soda Campari 7UP Campari Orange Campari You Sole Agent FOOD BEVERAGE (PTE) LTD We've Got
      167 words

  • BANKING AND FINANCE
    • 701 9 Reuter AP BRITAIN'S new Conservative government announced further relaxation of restrictions on British pounds leaving the country, ending the last curbs on British companies investing abroad. Chancellor of the Exchequer Sir Geoffrey Howe said in a written Commons reply on Wednesday that with effect
      Reuter; AP  -  701 words
    • 491 9 Reuter .IT WOULD not be appropriate for the exchange fund to intervene in the foreign exchange market by selling US dollars or other currencies so as to prop up the ■value of the Hongkong dollar. Hongkong Financial Secretary Philip Haddon.Cave told the Legislative It is
      Reuter  -  491 words
    • 361 9 THE Deutschemark US dollar rate is expected to stabilise in the immediate future with the Federal Reserve Bank and the Bundesbank coordinating intervention policies. Higher interest rates should also be a feature, in order to maintain Deutschemark firmness within the European Monetary System (EMS).
      361 words
    • 308 9 Finance Company's' latest housing loan scheme is an indication of anything, it is that competition is definitely hotting up among institutions which offer credits to house buyers. All this flurry of activity, apparently, is not for nothing. It coincides with what looks like a good recovery of
      308 words
    • MONEY AND EXCHANGE$
      • 494 9 TRADING on the foreign exchange market yesterday was very quiet, with the US dollar closing slightly stronger against the yen and the local dollar. In an uneventful market, the US dollar was traded between 1.8050/60 and 1.8085 95 against the Deutschemark. Opening at 1.8065 75, the dollar was
        494 words
      • 21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.
        21 words
      • 76 9 on the Australia and New Zealand exchanges on July 19: AUSTRALIA L'S dollar 1 1370 1 1322 Sterling 0 49K 0 4908 Ninety-day airmail buying rates Sterling 0 5195 US dollar 1 1754 Ninety-day toward buying rates Sterling 0 5» US dollar ***** NEW ZEALAND Reserve Bank midrate USJI
        76 words
      • 193 9 Asian rates ASIAN currency deposit interbank rates as at close on July 19: 7 days 1 months 2 months 3 months 6 months 9 months 12 months US Dollars(Spot) Offer Bid 10 1 10' 1013/16 1011/16 10 15/16 10 13/16 11 10 T U 10". 1011/16 109/16 1011/1610 9/16 1
        193 words
      • 7 9 2 Source: National Discount Co Ltd
        7 words
      • 95 9 THE US dollar for overnight delivery yesterday closed at 214.90 yen, up from a 213.60 opening but down from 215.80 at Wednesday's close. Trading was heavy with volume of US$959 million. After opening sharply lower, the dollar recovered substantiaNy in active late trading on increased import covering by Japanese
        95 words
      • 315 9 SINGAPORE gold futures yesterday closed easier compared with overnight levels after fluctuating marginally throughout in generally thin trading, dealers said. Turnover fell sharply to 176 lots from 380 on Wednesday with activity centred on October and December contracts, they said. October closed easier at U*****.80 308.20 an ounce against
        315 words
      • 246 9 THE DOLLAR yesterday opened slightly firmer against major currencies compared with Wednesday night's close. Dealers said the market was quiet with no evidence of European central bank aid for the dollar in the morning, although some US banks may be acting on behalf of the Federal Reserve. The dollar
        246 words
      • 121 9 THE HONGKONG dollar yesterday continued to firm against the US unit in late trading on profit-taking, and was quoted at 5.1740 70, up from this morning's 5.2060, 110 and a late 5.1940 60 here on Wednesday, dealers said. The generally firmer tone was also aided by commercial demand for
        121 words
    • 1110 9 NEW YORK A LATE rally by blue chips on Wednesday erased their initial declines and trimmed the losses for the entire stock market. Trading was active. The Dow Jones industrial average recovered to add a fraction after being off eight points earlier. Analysts said
      1,110 words
  • Page 9 Advertisements
    • 78 9 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. Can you really afford to miss 4 :> -j <*' is-, V- r Cat oat
      78 words
    • 211 9 Why try to manage \\ithout it? More and more people with their sights set on the top management and senior corporate executive positions of tomorrow are turning to The Journal today Because so many of the people already in those positions acknowledge the contribution that it can make to their
      211 words

  • DEALS DONE ON THE SES AND KLSE
    • 1479 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal
      1,479 words
    • 187 10 4 1/2% 1/8/80 (250.000) (99 568 *****) 4 3/4% 15 980 (250.000) (99 658 99.755) 5 3/4% 1/8/78-80 (250.000) (100 758 100 85S) 5 1/2% 1/5/79-81 (250.000) 100 35 B 100 455) 5 3/4% 1/9/78-81 (250.000) (100.58S) 5 1/4% 1/3/81 (250.000) (100 108 100.20S) 5% 15/4/81 (250.000) (*****
      187 words
    • 90 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. C*U Sttngr (Sept $1.85) (0.278 O.3SS). Haw Par (Sept $120) (0.288 0.365). Hume F
      90 words
  • 164 10 SINGAPORE I NIT TBC8T INCOME BOND t'NIT (MiMfm 1 ptna far Jal 9) (Cairrat prt «*•> The Commerce 2 03 2.15 Income Bond 1.11 1.16 The Saving Fund 1.33 1.41 S pore Prog Fund 095 1.00 S pore Sec Fund 1.76 1.87 MABA Bt MIPITBA S pore Invest
    164 words
  • 2597 10 1979 High Low Company Last Sale orGr's Div Div C'vr Gr's Y'ld Net P E Vol I'OOO) Day High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 190* 142 180 265 74 252 350 215 380 207 123' 110 140 255 57 185' 226 177 256 Acma Aicom
    2,597 words
  • 1759 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 INDI STKIALh Arm {2 208 2 465) Alcam f 1 758 1
    1,759 words
  • 687 10 MOTOR stocks raced strongly ahead in fairly brisk trailing at the Stack Exchange of Singapore yesterday. The market's general, trend was weak on lack of foUew-throagh support. Cycle and Carriage and Wearaes moved against the grain on what was believed to be short-cover-ing. Dealers say
    687 words
  • 568 10 PRICES recovered from an initially easier trend to close on a mixed note at the Kuala Lumpur stock market yesterday. The market opened around overnight levels but softened as sellers made their presence felt in the morning. Towards the afternoon, bargain-hunting support
    568 words

  • COMPANY NEWS
    • 498 11  -  By CHAN BONG SOO THE devaluation of the Indonesian rupiah last year and the implementation of Australia's International CiVil Aviation Policy have hit Consolidated Hotels (CH) hard. For the six months ended March 31, 1978, CH's unaudited group profit fell 30.83 per cent to
      498 words
    • 287 11 LAURENCE, Prust has estimated the pre-tax profit of Consolidated Plantations (Consplant) for the year ended Jane 39, 1919 at $M million, an increase of 44 per cent over the previous year. On a standard tax charge, the prospective net earnings per share
      287 words
    • 369 11 Letter to the Editor Sir, I refer to the letters regarding the Guthrie Berhad takeover by Guthrie Corporation (UK) and fully sympathise with the small shareholders. Without covering the same grounds gone through by the previous letters, I would say it is about time that the Securities
      369 words
    • 399 11 Current Ex Books Date Total forTotal for Payment Date Close Payable the year Previous year B Kaw an 5% I Jun 11 Jun 21 Jul 21 5% 12.5% C Prop 7.5%<b) Jun 22 Jun 29 Jul 20 7.5% 7.5% Metal Box Bhd 17% Jun 19 Jun 29 Jul
      399 words
    • 96 11 Company Ex Date Books Close Yen lliap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 ).< $2 25 per share Jul 24 Jul 31 Spore (jlass Bonus Issue of 1 for 5 Jul 26 Aug 2 B Semb Bonus Issue of 3 for
      96 words
    • 678 11  -  By P. GUNASEGARAM MALAYAN Cement may be heading for its fourth consecutive year of declining profits with lower net contributions at mid-term from its Malaysian and Singaporean associates. The company has reported profit before tax and before consolidation of its associated companies at
      678 words
    • 330 11 BUMIPUTRA institutions referred to recently in the comments of a dissenting group of Sime Darby shareholders have clarified that the Sime Darby shares they sold recently were disposed of for capital gains and not because of dissatisfaction with the company. The dissidents, led
      330 words
    • 358 11 mm® by HOCK LOCK SIEW WHILE the tug-of-war between the Hongkong and Shanghai Bank and the New York State Banking Department over the former's USS3M-million bid for control of Marine Midland Banks is going on, one can expect some of our enterprising local
      by HOCK LOCK SIEW  -  358 words
    • 126 11 has informed the KLSE that its subsidiary, Tanah Ayer Permai, had sold off approximately 30 hectares of land in the mukim of Plentong, district of Johore Baru The consideraion for the sale is M 5400.000 and the proceeds will be utilised to reduce the company's overdraft facilities.
      126 words
    • 49 11 said it sold 4.52 million shares in West Country Sdn Bhd to Magnum Corporation at 69 cents per share. The net realisation of $2.97 million shows a loss on book value at end-1978 amounting to $662,000 on the original investment of $7.8 million, Bovis said.
      49 words
    • 71 11 has been queried by the SES on its recent sale of the Henderson Road property. The SES wants to know the basis upon which the cash consideration of $19.36 million was arrived at, the effect of the sale on the net asset backing and earnings per share
      71 words
    • 38 11 said that Tunku Abdullah bin Almarhum Tuanku Abdul Rahman has been appointed chairman of the company to replace Mr S F Willey. Mr Willey is leaving Singapore to be the regional director of Blue Circle Industries.
      38 words
  • Page 11 Advertisements
    • 467 11 Business Times' National Day Feature: The New Industrial Society m ST** n PTjr«r.» a W lb 'A sa? •U r>. Si >r This year's National Day feature will carry a thought-provoking and possibly controversial theme: the New Society that is being built on the industrial base now being constructed. What
      467 words

  • 237 12 PETROL dealers in Singapore have agreed to close their kiosks on Sundays beginning this weekend. The decision by the Federation of Singapore Petrol Dealers' Association came after a meeting yesterday. The meeting was chaired by the federation's president, Mr. Lim Kay Kok and
    237 words
  • 543 12  -  By MANO SABNANI UK-BASED Guthrie Corporation's plans to buy the 27 per cent minority interest in its local subsidiary, Guthrie Bhd is likely to face tough local opposition. Guthrie Corp has indicated that it "may offer" $2.00 per share for the 8.97 million Guthrie
    543 words
  • 132 12 AFP A TEAM of experts from the Japanese International Cooperation Agency (Jica) will visit Malaysia next month to conduct a supplementary feasibility study of Malaysia's urea project. According to the First Secretary of the Japanese Embassy in Kuala Lumpur. Mr S Hara, Jica was also
    AFP  -  132 words
  • 846 12 LONDON. Thurs. Shares rallied in thin trading after the release of UK money supplyfigures for June and ended the day mixed after earlier easiness. dealers said At 3 pm. the Financial Times index was down 3.9 points at 468.1. Government stocks also recovered some of their earlier falls,
    846 words
  • 217 12 UPI CATHAY Pacific Airways, a British airline baaed la the Par East, said yesterday it has made formal applications to operate scheduled passenger aid cargo services between Hongkong and London. The airline said It has objected to similar propos als made by British
    UPI  -  217 words
  • 605 12  -  By LEE YOKE MENG SINGAPORE'S trade deficit narrowed sharply from April's massive $771 million to $380 million in May. But compared with the same month a year ago, the trade deficit shrank by only 16.2 per cent from $454 million. This improvement could
    605 words
  • 427 12 THE implementation of the Industrial Coordination Act (1976) in Malaysia has helped improve the participation of bumiputras in the industrial sector, Malaysian Deputy Minister of Trade and Industry Datuk Lew Sip Hon said. He said bumiputra participation in this sector had made progress in terms of
    427 words
  • 136 12 Reuter THE Philippines' Industry' Minister Vicente Paterno yesterday called on Asean member states to pool their manufacturing facilities, technology and capital to set up regional corporations to compete with Western multinationals. Addressing a meeting of the Asean Chamber of Commerce and Industry in Manila, Mr Paterno said
    Reuter  -  136 words
  • 116 12 UPI INDONESIAN Defense Minister Gen M Jusuf said he will increase the strength of "Red Beret" commandos in Indonesia from 2,600 to 15,000 within a year. He said he will visit the United States and Europe in October, partly to shop for weapons for the
    UPI  -  116 words
  • 287 12 Reuter SPECULATION that Japanese Prime Minister Masayoshi Ohira will call a snap general election this year intensified yesterday after the Foreign Ministry said it is yet to decide on the timing of a regular ministerial conference with South Korea. The ministry said a
    Reuter  -  287 words
  • Page 12 Advertisements
    • 346 12 Far East subsidiary of U.K. Group of Companies requires the services of well qualified Executive capable of acting as the Far East Group's Financial Controller and Management Accountant reporting direct to the Regional Managing Director in Singapore. The successful candidate will be a Singapore Citizen, aged between 33 and 45
      346 words
    • 143 12 t Get one of these Bantam/Britannica books FREE! VmHOO Bantam/Britannica books on (I) The Arabs (2) The U.S. Government; (3) Disaster! and (4) The Ocean, f The publishers of Encyclopaedia Britannica 3, the most advanced and comprehensive encyclopaedia available today, are offering you this opportunity to get a free gift.
      143 words
  • Page 12 Miscellaneous
    • 65 12 IWEATtHERI Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair with isolated showers after midday. Report for 24 hours prior to 7.31 p.m. on July 19 at the airport. Maximum temperature 29.9 Associated humidity 73 Minimum temperature 24.7 Associated humidity 96 Hours of sunshine 3.35 Rainfall in
      65 words

  • SHIPPING TIMES
    • PORTSIDES
      • 80 13 UPI KOREA Shipbuilding and Engineering Corp has won two contracts totalling US$2OO million (Ss44o million) for nine chemical and oil tankers from Norway and Ecquador Corporation officials said on Wednesday. Officials said the Korean firm recently won a $100 million contract from Norway's Bergesen Dy for four 35,000-ton
        UPI  -  80 words
      • 108 13 Reuter THE Japan Shipowners Association said it will ask the government to raise subsidies for interest payments by domestic shipowners following sharp increases in their ship order plans. The government provided 730 million yen (557.3 million) in the national budget for fiscal 1979 ending March 3, next
        Reuter  -  108 words
      • 68 13 AFP DENMARK has received its biggest foreign order for a liner, it was learned in Copenhagen on Wednesday. The US company Festivale Maritime has asked the shipyards at the Aalborg, Jutland, to build a 30,000-ton liner able to carry 1,420 passengers. It will cost about $100 million
        AFP  -  68 words
    • 469 13  -  WENG CHAN DEAL By RAHIM KASSIM THE DEARTH of contracts both for newbuildings and repair jobs in these hard times of the shipping industry gives a definite edge to the yard which is equipped to undertake the two types of work. The past year has
      469 words
    • 185 13 UPI PERIOD chartering continued to display charterers' confidence in maintained rate levels. Amongst concluded timecharter business was the Japanese payment of $4,200 (559.240) a day for 12 months' trading after August 1-15 delivery in Japan. In the Middle East, Shell booked the 33,613 dwt Griesheim at $8,500
      UPI  -  185 words
    • 142 13 THE 22,266 dwt multipurpose cargo vessel, Glna Lois* (above), which was constructed at the Hiroshima Works (Innoshima) of Hitachi Zosen, was delivered to its owner, Olympus Limited of Liberia, at the end of last month. Gin* Luis* is the third of four ships of
      142 words
    • 2226 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World 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
      2,226 words
    • 518 17 Shipping Um ACS Afea Alpac Angkutan ANL APL Arya Nat ASCL Aust.Cont Page n IV IV V i m n ra IV C4 5 3 5 5 1 2 5 5 5 Bank BBS Ben Asia Ben Ben Ocean Bienley Blue Funnel Blue Star n n in ra in
      518 words
    • 1048 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      1,048 words
    • 733 18 HOWLAND Hook Marine Terminal Corporation, wholly-owned subsidiary of US Lines and Farrell Lines, operates one of the "youngest" facilities of its kind in the New York-New Jersey Port a tightly organised, efficiently handled stevedoring function that occupies 81 hectares of prime waterfront territory
      733 words
    • 1145 18 DURING a decade of unprecedented slump, the only shipping sector that has continued to expand and at a prodigious rate is that of container leasing. A group of seven companies (five of them US registered) now own more than 50 per cent of all containers
      1,145 words
    • Article, Illustration
      521 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Mas (0400 tide) 19 Dong Yun (hauls Laertes sails) 6 7 Dove (tanker) (after Jurata) 15 16 Golden Sea 707 (tanker) (after Wu Chang shifts) 13' 14 Golden Season (After Havana Maru) 44 Iceland (1800 after Nedlloyd Willemskerk and Bunga Orkid
      521 words
  • Page 13 Advertisements
    • 623 13 Oi st class transport Agents: Nedlloyd EAC For further details, please refer to page 3 IScanPutchyl lARDINF AMAH Orient Overseas ConlcjMeA Line FULLY COWTAMRBED SEKOTCE TO EUROPE (Vl* SUEZ) I S pare Mite* I Fstawe LeHane R dam Hbwg Antwerp c OMNTAL OKF 15N In Port 22 7 a 8
      623 words
    • 287 13 §gf§ SEALORD UJ .MM ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L Derrick 288 TEU Capacity, Long Length Capability ■ARABIAN GULF WEEKLY SERVICEi Vessel S pore Loading for C BN Al. ROOM >n Port Damnum i 1 8) Kuwait |8 8) Dubai (13
      287 words
    • 381 13 ■NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EURO* (VIA Id C*(c CONTAMRS FCEOCRCO TO fTOM f STOWC Also acceptinf carfc to t'Oir. Standinatia FROM EUROPE (VIA SUEZ) 9 M 10 M 27 Auf 77 Auf 24 Auf 29 a* 3i M 4 Sept Sept
      381 words
    • 793 13 NedNoyd Lines ■F Call us We call the world Agents: Nedlloyd EAC Please refer to page 3 MAERSK LINE For US PacAc PacAc North West Cad t Atlantic East Canada and Meuco Also accepting to' Hongkong Taman Japan and Korea) Mother Vessel ARID MAERSK* ALBERT MAERSK ADRIAN MAERSK ALVA MAERSK
      793 words

  • Page 14 Advertisements
    • 701 14 FULLY CONTAINERISED TO EUROPE BenaMer Sd.M 20/7 Han*.{ Eipress 26/7 27/7 fr««Eiprrss 3 8 Bc«. or 4 8 5 8 24/8 26 8 27/8 Tekroßar 12/8 13/8 3/9 5/9 6/9 Cardan Ba, 21 'S 22/8 1255» SS S? 83 SIX, j 9 22/9 24/9 25/9 o£k! BTT 11 9 12/9
      701 words
    • 495 14 1/ 3 I 4/ S Ml/* fc* Auf 11/12 SMGAPORE A* IS/20 fcil 30/31 S*< 1/2 tat Kdanf I Auj 16/17 M 21/29 uTti *u| 22/24 3/5 Next Arrivals: "BARBER TAIF" July 19/20 BARBER LINES TERMINAL GOOOWN 47. "MENELJUJS" My 21. "TSU" My 29. "BARBER TOM" Aug 1. "RiBRfB MM"
      495 words
    • 593 14 0 evergreen line FAR EAST EUROPE EXPRESS EULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWRP, IE HAVRE ALSO ACCEPTMG CARGO FOR UNITED KMGDOM SODTUVTOC lonoon. Manchester, birmmgham BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKMfftHAVtt HOLLAND AMSTERDAM Jpo HM*W| FrtiliMM Rottcrdjm Antwnp li Haw* Era Vovafcv 3V* 23 M
      593 words
    • 960 14 Everett Lines/ J Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOAOMG FOR RANGOON Safapwe ITMim. 30 My/1 Auc BF S.SC Agents r> Mok>y«o TEPS MALAYSIA Port Ketong TeM3B>-7355 Persong Te) *****/***** ■LA* Compania Argentina Da W~% Navagacion Intarcontinantal S. A. C.I. F. plf/ "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN.
      960 words
    • 662 14 r OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE YUE WVER YUE MAN MAY PRMCE AUSTRALIA SERVICE P Kelang 26/28 My 26/28 Mr 15/17 Aug Smgapore 24/25 July 29/30 My 18/19 Aug Loadng lor:
      662 words

  • Page 15 Advertisements
    • 1116 15 Overseas I Containers Limited Weekly service to/from UK/Europe To UK/Continent Benalder SNed Honour i Eipress 24 U Bremen Eipress 3 Aut Beruvon 4 Auf T«tjo B>y t? tu| Cardgan by 21 Aut ToAio Eipress 21 Auf Mm Mani Kasuf a Maru S Sep Osaka Bay 11 S«p From UK/Continent H
      1,116 words
    • 1050 15 GRANARD LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN Spare f Ketang Penang M.V MAN CICON6 V.29W Vk* BM V MAN KM V.3IR 21 Ayg M*. KWONG FUNG *30W_ 31 Aug M.V. MAN TAT Vim Jbp All KSSELS ACCEPTVK CONTAKA CARGO Im*| Mr: P Said/Atciandria Beirut lattaku Pirnus
      1,050 words
    • 471 15 BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE BULK SERVICE FOR TIMBER AND PLYWOOD Retang Tetok Ayef S pore P Ketang loadng tar ~A VESSEL Iter 09 11/70 Itag 14/17 Itag PACEMAKER toy 101 TASOMO 22/ 74 Aag Sampit 24/27 h* I Cjfc Samp* ft/1 Ami Tatoae* ft/21 Mr 3/5 Sep
      471 words
    • 393 15 Scan Dutch *9 WEEKLY EXPR EASTBOUND FROM MED/UK/NC/SCANDINAVIA 1) GDurg 2) M buff 3) I m 4) Rdam 4) LeH 6) Mwtn IQWM h tat 21/7 23/7 a/7 a/7 u/g IVI htumm a/7 a/7 a/7 1/1 2/1 7/t mi 22/4 Acccptaf Irwi 1) Matno StocUate. o*. NMi 2) Capardujen Aartus
      393 words
    • 707 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA FMOHMEM (Reunion Milling) Durban Ctown PI. E Ldn) UIQM ORACOPOAOS (Rcumon Durban Clown Pi Iki, I London) S pore 28/31 Aug P Kelang 1/2 Sep S pore 27/30 Sep P Kelang 1/2 Oct LYKES ORIENT LINE U.S. GULF COAST
      707 words

  • Page 16 Advertisements
    • 964 16 *V K LINE KAWASAKI KISEN KAISHA. LTD. EUROPE EXPRESS SFRVICE TO EUROPE S pore P Kelang I Havre ft dam H'burg Bremen A vierp 0 CHIEF 15W SS BRIPGf 22W C CONTAINER ?W N CORAL 14W C PAUL 17* 8 Aug 9 Aug 17 Aug 22 Aug 21 Aug 22
      964 words
    • 679 16 m. U.S.A./EAST CANADA SERVICE Penang Beiamn P Hetang Singapore E.C./GREAT LAKES SERVICE LOAMS FOR KW TOM. NORFOLK. MONTREAL TORONTO ASHTABULA Penang Betawan P Aelang Singnxxt "VBHUA TU" (Cjk Oacago) 4/5 Aa| 2/3 An JOMr/1 An "VBHVA DNARMA" 30/31 An WTi An 25/27 An CALIFORNIA/PACIFIC NORTH NEST SERVICE Lm*« tar LOS
      679 words
    • 494 16 S JS A (.roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 1 MARKETING 91 '122 l 3 LINESt GENERAL 9i Jl 11 114 LINES) TELE* RS 2459S RS ***** A B CARSHIP C ABL E CARGOSHIP -0L SINGAPORE ISLANDS LINE MIPDI t t AST RK.LLAR I.IStR A
      494 words
    • 772 16 MALAYSIA* INTfPNATIONAI SHIPPING CORPORATION BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOD: Feeder *P Kelang Veud Spore 1) khedles 2) Rdam 3) Hkwg 4) Gbur| ll Barcelona Genu 2) Amsterdam Antwerp L Ha.re Bilbao Bask UK. 3) Bremen. Bremenhaven Aarhus Copenhafen Helsinki 4) Malmo Stoctlxxm Oslo "Accepting Europe cargo
      772 words
    • 769 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****1V*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P. Kelang Penang Loading tor: EVMAD N845 30 U 27 M Boulogne/R dm Avon(UK) NORASiA NB4B 25 Aug 29 Aug Avon (UK)/Boulogne/ Antwerp Agents Singapore MTRASEA (PTE) LTD *****11 BOOKMG
      769 words

  • Page 17 Advertisements
    • 346 17 EGYPTIAN INTERNATIONAL LINE (EIL) 1 1 EGYPTIAN FLAG GENERAL AGENTS: SUB-AGENTS. L.N. SHIPPING PTE LTD H.S.H. (M) SON BHD Tel: *****11 (Singapore) Tel: *****3/*****7 (KL) TLX R*****7 *****6 (PT. KELANG) *****2 (PENANG) I riDFCO PTE LTD (SHIPPING DIVISION) SUITE 360? HONG LEONG BLDG SINGAPORE 0104 Wholly o»ned sotsidiary ot City
      346 words
    • 279 17 €xpreaa r PERSIAN GULF SERVICE ETA ETD [OAONGFOR EASTERN EXPRESS V 98W 24 U 25 U l*isc»l W»» W*j Dhab. Bahran Kuwait EAST-BOW) MSCHARGW6 ONLY ETA ETD HAWKES BAY V 99E 23 M 24 M RAN6OON/CWTAGONG/CHALNA SERVICE M V FIVE ISLAICS In Port TBC CONTAINER SERVICE TO AUSTRALIA ETA ETD
      279 words
    • 341 17 P.T. PERUSAHAAN PELATARAN ANGKUTAN PERTAMBANGAN THE ONLY SMGATORE MDONESU CONTAMR FEEDER SERVICE AUTHORISED BY MDOKSIA GOVERWCNT WITH FULL CONTMER VESSELS EACH CARRYWG 112 VESSEL TAMBANG VI.. TAX AM I SINGAPORE LOAOMG FOR JO/7 JUT 24/7 JUT ALSO ACCEPTWG CARGO FOR INDONESIA GOVERNMENT PROIECT AND HEAVY MAOfINERIES TAKARI VI 27/7 JUT
      341 words
    • 392 17 *Vonf iang Tun Men Nang Tine *Mn kang Tun Shu 'banc k4n t OCEAN SHIPPING COMFANY UKC SEMCOHTIWCR SERVICE P KELANG PENANG LOADING FOR 25/27 Mr Rotterdam Hamburg 21/30 My Rotterdam Hamburg 5/7 Aug Antwerp Rotterdam Hamburg 25/26 Aug Rotterdam Hamburg 27/29 Aug London Antwerp Rotterdam j Hamburg 25/26 Sept
      392 words
    • 323 17 NOTICE Cargo Space Available for Chittagong and also other Ports. Reliable Line and Competitive Price. Dayal Trade Transport Agency Tel: *****39/*****09 CELTIC BULK CARRIERS •■virion Smith ,rie i til .ir- i li.sh Shi|<|..ng t t<) Regular Bulk Service For Timber Plywood General Agents Marathon United Agency Pte ltd Spore Tel:
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  • Page 18 Advertisements
    • 62 18 r P.T. Elham Fortune Line Limited Balu Ampar. Balam Island Indonesia Tel 151 191 Regular Weekly Shipping (tug-barge) Service SINGAPORE PUUU BATAM (INDONESIA) ETD S PORE —EVERY WEDNESDAY Additional saints subject to inducement Agents S pore —loth Agencies Pte ltd 1104/1105. 11th Floor Golden Mile lower Beach Road S pore
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