The Business Times, 11 December 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. llt/l/W THURSDAY, DECEMBER 11,1181 50 CENTS
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  • BRIEFLY...
    • 82 1 NEW YORK, Wed. Chase Manhattan Bank today raised its prime lending rate to 20 per cent, matching the record rate set last spring as the US economy plunged into a recession. Chase, the third-largest commercial bank in the US, raised its prime rate from 19 per cent,
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    • 62 1 BERLIN, Wed. The Soviet Union lifted restrictions today for Western military observers along the Polish-East German border, a US spokesman in West Berlin said. The Soviet Union closed certain border areas to observers from the three allied Western powers Britain, France and the US in an order
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    • 84 1 SAN FRANCISCO, Wed. Pan American World Airways' commercial service between the US and China, which was to begin today, will not get off the ground until sometime next year because of a landing-rights dispute with Japan, the airline says. Bob Joyce, Pan Am's director of public relations
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    • 85 1 AP HONGKONG, Wed. The editors of Asian Finance, a Hongkong-based regional magazine, have named Japan's Nippon Steel Corporation as Asia's corporate leader of the year and Hongkong's Hang Seng Bank as Asia's banker of the year. A spokesman today said the nominations are the first of an
      AP  -  85 words
    • 67 1 JAKARTA, Wed. Iran will send a six-man team to the Opec ministerial meeting in Bali next week but it is not yet known who would head the team; Indonesian Oil Minister Subroto said the Indonesian government has received confirmation of Iran's participation but has not been
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    • 96 1 AFP TOKYO, Wed. Japanese oil stocks are expected to shrink to the equivalent of 90 days of consumption or the floor set by the International Energy Agency (lEA) by the end of the current fiscal year (April to March), as the country agreed to draw on reserves
      AFP  -  96 words
    • 63 1 Reuter CALCUTTA, Wed. The Indian government has ordered Calcutta port authorities to take firm steps to break a seven-day-old strike by dock workers, the Press Trust of India reported today. The directive followed a request by the port authorities to the government last night to declare
      Reuter  -  63 words
  • 147 1 Falls Tronoh Mines 1800 -120 Berjuntai 1370 -50 Perils Plant 615 -50 Sel Properties 1490 -40 Pegi Msia 1300 -40 G I Hldgs 620 -35 Olympia 124 -32 B Raya 625 -25 SEAL 540 -25 FAN 525 -25 Tan Chong 500 -25 Sea View Loan 280 -24
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  • Article, Illustration
    131 1 Falls Syn Resin 740 -50 Kt Pao 420 -40 A Amal 1200 -40 Berjutai 1430 -40 Rahman Hyd 1520 -30 Mega 344 -26 B Raya 655 -25 K Kampar 795 -25 MBS 440 -24 YeoHs(M) 498 -22 Oriental 580 -20 Rises M Rice 410 43 Malakoff 500 20
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  • 642 1  -  FIRST SUCH PLANT IN ASEAN By LILLIAN CHEW TEXAS Instruments (TI) is setting up a new plant here to manufacture memory chips, marking a big step forward for the electronics industry. This means that three years of Government efforts to get such a plant
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  • 228 1 THE SKILLS Development Fund (SDF) has agreed in principle to subsidise three courses conducted by the Singapore Institute of Management. The SDF will give grants amounting to 70 per cent of the fee for courses leading to the diploma in marketing management, the certified
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  • 542 1 SINGAPORE will introduce its own laws on servicemarks within the next three to six months, or at the latest within the next year. This was disclosed by Minister for Law and Science and Technology EW Barker after he opened a three-day seminar on Patent and
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  • 363 1 THE Ministry of Culture intends to encourage cultural groups and performers to congregate, discuss their activities, and in the process upgrade their activities. Acting Minister for Culture Ong Teng Cheong revealed this in an interview with Business Times recently. Mr Ong identified the meeting place
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  • 276 1 THE Straits Times Industrial Index dived by witter 1.44 paints yesterday la Its setMd Mg setback Inn week. Pear iveneu leadi (the Hang Seng Index fell 1U paints yesterday) aad warvies aver farther Increases In Interest rates dampened caafldeaee further aad neat mast prtees
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  • 353 1 MAGNUM Corporation has declared a two-for-one bonus issue that is generally expected to give a more bullish countenance to the counter, if not for the overall market. The declaration late yesterday ended speculation that had been going on since it acquired UK-based Phi com Ltd in
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  • 113 1 RISING US interest rates have prompted sharp declines in the jjrice of gold. Yesterday the metal slumped by another US$2O an ounce from the previous day's New York close to reach US$595 at London's pre-afternoon fixing. Local dealers predict the metal may plunge further to US$5BO
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  • Page 1 Advertisements
    • 10 1 SINGAPORE mess FOR PEOPLE WHO MATTER cries Periodicals Fubi cation
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    • 91 1 THOMAS ROBERT ALWAYS ONE STEP AHEAD t 4 THOMAS ROBERT PRESENTS THEIR WING ON JEWELLERS' BLOCK POLICY. Sinn i.jiiv packaged and designed cine vuatch trade. p .•tp-i.' 1 competitive premium M comprehensive and has a m provided by most c,Hepresent avai able (-r.-.-. overage tor homer C .«.s P'"'-ss- -ai
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    • 68 1 Featare...pagM < A 7 mm SHIPPING TIMES PART D af HK Lui'g pnject LARGEST FRCD issae m management techa1qae............. 2 Aslm d«U»f mirket.................. 9 WHY Soviets Mt withdrawing BRITISH brokers bullish an tram Afghaai5taa...................... I Singapore market 11 ONG Tens Cheong on cultural ROTTERDAM spot oil market evalatien 1,7 virtually
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    • 46 1 Super Sountfing Sony 33S THE Premium Blend til w Created Perfected and backed bv over 125 years of blending experience. |k TO f f- ows <* DE LI XE ancestor SCOTCH WHISK* There's a lot in a name Anr<ib( v i production! 8® 8 BS 7, *mm
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  • PROPERTY AND CONSTRUCTION
    • 1297 2 ISSUES RESOLVED AT MEETINGS In the second of a two-parl presentation at a recent seminar, Mr Trevor Bedforc speaks on project management by Hongkong Land. Mi Bedford is the executive director of the Hongkonc Land group. IN Hongkong Land a design coordination meeting is normally
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    • 447 2 THE Singapore Contractors' Association Ltd (SCAL) has recommended a method of price adjustment (or fluctuation in view of rising costs faced by the construction industry. Business Times reported earlier this week that the association's contracts committee said: "The adoption of equitable formulas will maintain
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    • 842 2  -  Housing costs in Singapore are escalating and companies;* employing expatriates are forced to increase their houaing budgets. Will these companies cut down on expa-,' triate staff or shift their operations to places where housings costs are lower? WONG At*; KWEI reports. WONG AI KWEI
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  • Page 2 Advertisements
    • 101 2 WA This announcement appears as a matter of record only. SUPREME CORPORATION BERHAD has acquired 100% of the Ordinaiy and fully paid-up Shares of Keng Soon Finance Berhad United Kengsoon Holding Berhad Keng Soon Credit Sendirian Berhad Kisan Agency Sendirian Berhad The undersigned acted as financial advisor to Supreme Corporation
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    • 5 2 Cmivt VVdvydm id: MM 505
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  • Page 3 Advertisements
    • 266 3 An invitation to the latest Hit el? Philippe watch exhibition atTheHour Olass 4 P V a 4^l V Z3%r\ V- <? r* T7- i t 11 1 rUID-^^ 4 ar" dCGA R5 **7 r 5^ T J Ar?* ii>w m I i (tKk) m*? *tL a <*h. r~ t V
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  • RAW MATERIALS
    • 191 4 Reuter WORLD copper prices need to rise to at least 150 US cents a pound in 1981 from the current price of around 88 cents to trigger new mine development. Current prices are far too low to cover the huge costs necessary for such
      Reuter  -  191 words
    • 167 4 CHICAGO soybean futures on Tuesday closed locked down the 30-cent a bushel limit in the first six contracts, to 26 cents lower in new crop months. Traders said unfilled sell orders totalled 3.5 million bushels in March and one million in January and May at the close. Massive local
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    • 180 4 WHEAT futures in Chicago on Tuesday closed locked down the 20-cent-a-bushel limit. Traders said unfilled sell orders totalled two million bushels in March, 700,000 December, and 500,000 May and July. The technically important US$5.OO support level in March was penetrated which prompted chart selling and fuelled the decline. The
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    • 340 4 OPENING prices on the Singapore rubber market yesterday were marked up initially on some shortcovering but values later fluctuated narrowly around opening levels. The market ended the morning slightly easier, however, with dealers hesitant. The morning session closed slightly easier with January One RSS buyers quoted at 299.00 cents
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    • 287 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 293.50 294.50N Int. 1 R.S.S. January 299.50 300.00 Int. 1 R.S.S. February 306.50 306 00 Int. 2 R.S.S. 283.50 284.50N UK/Coot 282.50 283 50N Int. 3 R.S.S. 280.50 281.50N UK/Cont 279.50
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    • 121 4 NOON SSR and SMR prk a yaatardajr RAS SSR 20 SSR SO MKELB (1-ton pi (1-ton pa Jaaaary (Carraat Mtk) Bayara Sallara JWt) 244.50 246-50N llM) 240.SO 242.50N February (Forward Mtk) Bayara Sallara 246.50 248.S0N 242.50 244 SON SMR CV SMR L SMR 5 SMR CP SMR
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    • 39 4 Rubber Dec 10 Singapore: January: 299.25 cents (down 0.75 cent) Malaysia: January: 310.00 cents (down one cent) Tin: M$ 1,904 (up $22) (equivalent to $31.48 per kilo) (up 36 cents) Official offering: 155V4 tonnes (down 40 tonnes)
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    • 68 4 THE STRAITS tin price In Penaag yesterday rose Ms 22 to $1,114 a plcsl ($31.48 a kite), still $241 belew the International Tin Agreement ceiling. Dealers said the steadiness was attributed to the sharp oversight rise Is Leaden sad lower tnrnever ef 156Vfc tonnes, down from ItSVfc tonnes
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    • 173 4 CHINESE Pnhee Exektige, fcpf», rl—lag prlea per 199 kg yesterday: CtMHt all: Bulk fob $140.00 sellers, old drum (In second hand drum) fob $152.00 sellers, new drum fob 1160.00 sellers. Cspea: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $420.00 sellers, Sarawak white pepper faq
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 20s 1,995; 32s 2,715, 40s 2,940 (per bale of 400 lbs). Piece geeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 331 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.12, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.76, Special 0.73.
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    • 861 4 COFFEE: Robusta futures yesterday closed the morning around the session lower levels and with losses from Tuesday of £12 to £8 a tonne. Turnover was 668 lots including four options. Dealers said values tended easier after the opening but, in very quiet conditions, met underlying dealer and commission-house
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    • 155 4 THE Malaysian palm oil market yesterday eased following sharp fall in overnight Chicago market despite Pakistan buying of refined bleached deodorised (RBD) palm oil, dealers said. In December, the Central region fell to MJ32.50 to $950 a tonne and the Southern region $30 to $952.50. In January, the
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  • ASIAN STOCK
    • 471 4 TOKYO SHARE prices yesterday closed lower on profit-taking in moderate trading after a higher opening supported by the overnight steadiness on Wall Street, dealers said. The market average fell 16.25 to 7,096.85 with volume 320 million shares. The Tokyo Stock Exchange index ended at
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    • 345 4 TRADING volume continued to drop yesterday as fears of even higher interest rates pushed the market down sharply. The market opened weak and spent most of the morning in dull trading 10 to 15 points below Tuesday's close. Heavy selling appeared during the last hour and the market lost
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    • 316 4 STOCK prices yesterday closed firmer with leading miners accounting for most of the gains, dealers said. Mim advanced 30 cents to AJ4.65, CSR 30 to 6.80, WMC 10 to 5.70, North BH 11 to 3.81 and Pancontinental 10 to 10.60. However, several golds fell sharply after the metal's decline
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    • 229 4 THE BANGKOK stock market was closed yesterday for a local holiday (Constitution Day). The following are Tuesday's prices: DEC OB BahU Aato Credit 134 l Asia Fibre 137 i Ayutftara In* And Trust Bangkok Investment Banckok Buit Bangkok Drying And SUc Bangkok Ineurance Bangkok Metropolitan Ban I 282 unch
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    • 134 4 THE STOCK market was was easier in slightly increased turnover yesterday, dealers said. Atlas Con B, Apex Mining B. Philex B, Seafront and San Miguel B closed easier with the rest either unchanged or untraded. DEC 10 Peso* Acox Mlnlnc am (inch AUmi Coo A AUu COO B 30
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    • 55 4 FINANCIAL TIMES INDUSTRIALS Tuesday 4ft5 9 Monday 489.2 Week Ago 481.7 DOW JONES AVERAGE INDUSTRIALS Tuesday 934 04 Monday 933 70 Week Ago 974 40 H.K.HANG SENG Wednesday *****8 Tuesday 1386.08 Week Ago 1308.01 SYDNEY INDUSTRIALS Wednesday 740.18 Tuesday 748.90 Week Ago 780 79 ALL ORDINARIE8 Wednesday 983.88
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  • Page 4 Advertisements
    • 206 4 This (2Rristmas... Theßanwers\M\( K icfi R» MM BOOZER Good Gifts reflect not only the fine choice of the giver, it leaves lasting impressions on those who receive. When you want to give a gift with the difference, take your pick from Floral Dew's '99' Boozer hampers a range of 6
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  • OVERSEAS
    • 487 5 NYT PRESIDENT Leonid Brezhnev of the Soviet Union told Indian Prime Minister Indira Gandhi on Tuesday that US and Pakistani interference in Afghan affairs was continuing and consequently Soviet troops would not be withdrawn. Mrs Gandhi reportedly told the Soviet leader India could not
      NYT  -  487 words
    • 369 5 NYT THE United States will supply North Atlantic Treaty Organisation (Nato) by the end of the week with surveillance aircraft to counter the possibility of a surprise air attack on Western Europe growing out of a Soviet move on Poland, Nato sources said
      NYT  -  369 words
    • 182 5 JAPANESE steel mills are winding up their worst year in five years as their export shipments this year are falling below 30 million tons for the first time since 1975. The Japan Iron and Steel Exporters Association is forecasting exports at 29.6 million
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    • 270 5 Reuter JAPANESE Prime Minister Zenko Suzuki said on Tuesday the main purpose of his forthcoming Asean tour in January is to promote the understanding that the region is "an everlasting friend" to Japan. Mr Suzuki made this remark during a luncheon he
      Reuter  -  270 words
    • WORLD IN BRIEF
      • 473 5 Agencies ABOUT 200 industrialists, bankers and commodity traders and brokers from Malaysia, Thailand, the Philippines and Hongkong are expected to attend a conference in Kuala Lumpur on the role of commodities in the development of Asean on Dec 18 and 19. The conference, organised by Conference Managements Services
        Agencies  -  473 words
    • 248 5 AFP MALAYSIA and other countries in the region will be able to import cheaper petroleum from Iran under its new proposal to sell oil direct to Third World nations. The Iranian Mines and Industry Minister, Mr Mohammed Reza Nematzadeh, said his government fully appreciated the
      AFP  -  248 words
    • 632 5 MITSUBISHI OFFERS $100 m AID Agencies US GOVERNMENT representatives have asked the Chrysler Corporation to consider the possibility of bringing in fresh funds through another motor manufacturer. Company vice-president Wendell Laraen said such a solution could not be envisaged in the immediate future. He was speaking
      Agencies  -  632 words
  • Page 5 Advertisements
    • 43 5 Tha daily Aircraft Schadula has baan hald ovar bacauaa of praaaura of spaca. Flight information by talaphona can ba obtainad from tha airport (*****8) or from tha raapactiva airlinaa: SIA *****47/*****48, Qaruda *****7, MAS *****2, CPA *****7, Qantaa *****01, BA *****01, KLM *****1.
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    • 80 5 GENERAL > jt' ~'v r-. Maker of the only refrigerator that gives you instant Crushed ice Ice cubes is now having an offer fk; H 5 $200 trade-in for your old working refrigerator One GE Deluxe Mixer (Valued at DslBs/=) FREE One GE Steam Iron (Valued at $70/=) FREE a
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  • 521 6 THE GOVERNMENT is to be commended for its decision to introduce servicemark laws into Singapore. The servicemark concept is unlikely to be widely understood in the Republic at the moment. Indeed, there must be many Singaporeans to whom a registry of servicemarks would be of
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  • 1473 6 Much remains to be done in the area of cultural development, says the Acting Minister for Culture, Mr Ong Teng Cheong, but the work has to be done not only by government but also by the public. In a wide-ranging interview with JOHN TAN and LEE YOKE MENG,
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  • Page 6 Advertisements
    • 64 6 THE MUtXICO GROUP OF COMPANIES Singapore KJuang: 71 3993, 71 4393 B3PTE LTD Telephone: 65 5411. Telephone Kuala Lumpur 66 3022,66 3117,66 3441, Akx Star 72 7566, Ipoh: 52 2515, 52 2105, Kuan tan: 20 311/2, I Teieohone Kota Kinabalu: 56 825, Sandakan: 32 21/2 NC Telephone Manila: Tel: *****1/*****9
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  • Page 6 Miscellaneous
    • 637 6 TWO-IN-ONE CROSSWORD 13 CRYPTIC PUZZLE ACROSS 1 Chuck out of London Airport? (5) 6 A joint prompting? (5) 9 Albert's fictional flower (7) 10 Can you use its horns as handlebars? (5) 11 The goat man (5) 12 Shadowy uncertainty (5) 13 A tramp with a name in America (7)
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  • 845 7  -  FORUM with RUSSELL BAKER NYT RETURNING home after a month's absence during which the mail has piled up, I was astonished by the number of requests for money. Everyone in the United States seemed to want money. Mobil Oil, for example. You wouldn't think
    NYT  -  845 words
  • 299 7 AT AN EXOTIC tnpieal resort la the company of four beaatifal women what more eaa a man aak for? Bat Michael Brandon finds his time otherwise occupied in a straggle for sarvival la a remote Jangle. Tharsday Feature Special sees a dream holiday tarn Into
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  • Page 7 Advertisements
    • 254 7 JUnn V t H 4 Sr* iMSK I w -V L J V -U To: Multi-Corporation (S) Pte Ltd Authorised distributor for Hino in Singapore 19 Jalan Buroh Singapore 2261 Telephone No: *****1 Please send me full information on> a) Hino Forward Control 5.5 tonnes Diesel Truck b) Hino Forward
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  • Page 7 Miscellaneous
    • 14 7 JATs; spec, N f MO UJoCtcN ("VCS &UT rmTf\KT|tgQ, s r \T»4C u**y sound/
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    • 531 7 &RADIO SINGAPORE 5 3.00 PM Opening folowed by The Young And The Restless 3.30 The Roving Swordsman (r) 4.25 Diary of Events 4.30 Frontier Adventures —The Rider 5.00 One Day At A fine 5.30 Electric Company 5.50 The Nature Of TNngs —Patterns of Ram (M) 6.15 News (English) 6.25 The
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 286 8 DEC* 09 Krs CORBEILLE Air-Liquide 497 -11 B S N Gervais Danone 1085 .15 C S K (ThomsonC*f>.. 428 -3 Cle Franca ise des Petroles 248 70 -53 dapapn Financiere Compagnie -2.2 Generate 373 Credit Foncter De France 420 -8 Hachette (Libra irie) 305 unci" Machines Bull 52.90 -12
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      • 170 8 DEC 09 Dm Aeg-Telefunken 73 10 Akzo Allz Leben Allz Vers Z BASF' ***** -0 5 Bay H T W ban It Bay Vbank Bayer 109 SOB BBC' BMW 1 S3 .SOB Cassella Chem Verw Commerzbank Conn Gummi 51 80 unch Daimler-Benz 265 00 -38 Degus.sa Demag 140 00
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      • 89 8 I>EC OS Era FORWARD MARKET Arw Arbed A.slur 290 1152 275 •1 ♦2 Bravau Bru-Uinb t°anpa<Cork 962 1002 1208 153 -2 -2 -20 utwh llr B«*rs Ebr* Elerlrob*! Ob-lnno-Bm Gev 337 iseo 3560 1880 1292 -6 -5 -135 -30 -30 Hobok Petro Ryl Dutch 2485 5150 3075 25 -50
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      • 208 8 i*:«* i»9 Kb A UN ***** -1 Ahold 66 10 -1.1 Ak/o 1540 -Oi AMKV 90 50 -1.8 112 70 0.2 Ausrobnk 56 80 1.1 ikrKott 17 00 1 IWfk 48 00 -2 BolH 54 00 -0.6 HMMI ***** 1 HOrhmann 56 50 -1 HvVnkorl 32 50 -05 i
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      • 195 8 DEC 09 l-'ranrs Art ions Suivsrs 295 -2 Alusuisse Br 1115 unrh AIusuism* Re* 443 1 Brown Boveri Br 1485 -25 Cibu OHO Br m 15 CHi GMq P C 75U -5 Ciba C»eig> R^k 555 1 Credit Suis.se Br 2590 -25 Credit Suis.s** Keg 446 unrh IMnWRM Br
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      • 107 8 MX' M Lirr Ann850 -01 Avs(H (n»n ***** •2190 BJNIUKI 675 -20 Omnia ***** -1470 hut 3526 -75 hailir 00 unch Gen 1 in mob 2110 -75 IH Pri 3951 -219 Italrrmenti ***** -800 llalgu> 1651 10 ItilMdrr 300 unch Magn«»ii M PI €60 -40 Marriii F r« 340
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      • 209 8 uw m 11 Abitibi 23 All an 40 Alumna 37 unch Bank Mont 32 1 Bank Nova Scotia 33 BfU 1M 19 unch B«*th Cots BP 1'an l td 37 Brascan 37'* Camp R«k1 1-ake 68 -4 Can Imp Bk 27 unch I'anpWt 46 i'anpac ln\ Pt 19 unch
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      • 274 8 DEC 06 Rand INDUSTRIALS 385 335 -5 AE And CI 870 -20 amic 2625 1060 -20 580 5 Currle Flnnnce 225 5 De Beers Ind 665 -10 8800 Fed Volk 515 5 240 1090 20 Hippo 705 235 400 -5 M And R 575 -10 315 -10 Metbox 545
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  • Page 8 Advertisements
    • 662 8 See Page 4 for Asian stocks and Page 9 for NYSE prices Where to wine, dine and entertain Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full
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    • 187 8 w Yih >fk The Dragon Palace Restaurant is where you can dine in regal splendour and dance to the mellow sounds of yesteryear with "The Zodiac". Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' SHI6OQ NUKE RESTVJRAMT U Cock# Hotel Oxley
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  • BANKING AND FINANCE
    • 480 9 THE US dollar/deutschemark counter was the star performer on the foreign exchange market yesterday, as the dollar strengthened to above the 2.00 level against the German currency. From an opening of 1.9970/80 against the mark, the US unit went down to 1.9930/40 before the Europeans came in when
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    • 297 9 THE DOLLAR yesterday opened 1.75 pfennigs above Tuesday's close against the deutschemark in a thin and quiet market after steady gains in New York and the Far East, dealers said. High interest rates continued to boost the US currency, which opened at 1.9990/ 2000 marks against Tuesday's close of
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    • 43 9 FRANKFURT exchanges opening quotes on Dec 10: US 1.9985/96 (1.9765/80) Stg 4.663/673 4.628 634) Can 1.6662/82 D F1 92.14/29 S Fr U0.43/61 Ut 2.110/15 F Fr 43.26/34 N Kr 38.27/33 B Fr (coo) 6.229 39 B Fr (fin) 6.216 226 Yen 0.9578/96
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    • 176 9 THE US dollar for overnight delivery yesterday closed at the day's high of 209.25 yen, sharply up from a 207.60 opening but slightly down from 209.30 at Tuesday's close, dealers said. Trading was heavy but nervous with voume US$l.l5 trillion. The US currency recovered in light late trading on
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    • 22 9 THE average rate ai which major Singapore banks are currently prepared to lend to their beat customers is 13.8 per cent.
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    • 179 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Dec 10: 7 days 1 month 2 months 3 months 6 months 0 months 12 months 1 month 3 months 0 months 12 months 1 month 3 months 0 months 12 months US/I US/Sw Franc US/Dm US/Belg US/QuOder US/FFT
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    • 7 9 ij nSmici Source: National Discount Co
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    • 45 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for $110 million 91-day Treasury bills, $20 million 182-day bills and $15 million 273-day bills to be issued next week. Each tender must not be for less than $250,000.
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    • 340 9 SINGAPORE gold futures yesterday closed sharply weaker compared with overnight levels in light trading. Opening quotations were marked down sharply between US$l5 to $17 an ounce following the metal's weakness in New York overnight prompted by higher US interest rates and thereafter the market fluctuated marginally throughout the session,
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    • 42 9 Turn Mm New York 1655B 17«B 16 85S 17.73S Zurich 16 40B 17.30B 16 80S 17.20S Tv Singapore WW 16 50B IVi 17.40B 16 90S 17 80S Closing price* In US dollars a troy ouno t. Source: Credit Suisse, S'pore.
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    • 210 9 THE HONGKONG dollar continued its rapid slide against the US unit in late exchanges yesterday, mainly on switching into US dollars to take advantage of higher interest rates. It stood at a late U555.1910/40 from an early 5.1700/40 and Tuesday's late 5.1330/50. Dealers noted that some large commercial demand
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    • 1287 9 NEW YORK THE STOCK market moved broadly lower in heavy trading on Tuesday although blue chips turned in a better performance than most issues, aided by strength in some oils. Analysts said interest rate worries continued to undercut prices. Additionally, reports about Soviet intentions with regard to
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    • 497 9  -  ASIAN MARKET RECORD By RUTH CHENG BANCO De La Nacion Argentina is tapping the Asian dollar market for a record US$lOO million in floating rate certificates of deposit (FRCDs). This brings the total value outstanding in the FRCD market to $1715 million and the amount
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    • 145 9 FT A MEETING of about 250 banks involved in the Massey-Ferguson financial crisis opened in London last week. It was the first time the banks have come together to discuss the Cs7oo million rescue programme, first proposed six weeks ago. A detailed report on the state
      FT  -  145 words
    • 424 9 WHILE forecasts and reports of an imminent recession abound, America's monetary policymakers are still striving to tame a booming rate of growth in the money supply, amid little concrete evidence of a sharp economic downturn. The key question for the financial markets is the level
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    • 225 9 Reuter ANY hopes of a Christmas cut in UK minimum lending rate were dashed on Tuesday by another set of banking figures which showed money supply increasing at a rate well above the government's target, London financial analysts said. The Bank of England estimated
      Reuter  -  225 words
    • 95 9 AFP WEST German Chancellor r Helmut Schmidt considers Z that the Deutschemark is "undervalued" compared-* with the US dollar. At a press conference; with visiting Italian Prime. Minister Arnaldo Forlani inr Bonn, Mr Schmidt on TuesC day attributed the current rise of the dollar "to the.' enormous
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  • Page 9 Advertisements
    • 42 9 1 restaurant J Steamed Fish with Bean Sauce Don't miss the dining experience nAA>i of Chinese Hunan Cuisine r Business Hours: Daily 11.30 am 2.30 pm < tone t/v« 6.30 pm 10.30 pm 214 Dunearn Road Inn Singapore 1129 H I Tel: *****49.*****22
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    • 75 9 A I .i *%*t f/»7% 5f 4 *1 <**»** >\ (Ml V* Wi f <r *?$55 VO M> N\ \M fc, r" tQ Z r* N x S KK ATION V PI ACF DISCO \n 4t v -"44 7 *-kiir:-j i•v>\ r re IK SWITZERLAND V..' vZJP 'XI pj/f~ v'/fv
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  • 1788 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 Aetna (3.308) Alcom
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  • 173 10 SINGAPORE UNIT TRUST OUR-MONTAGl prices tar Dw 11) pricn tar Dm 11) The Com mm* 3.22 3 38 Union Spore Fund 1.25 130 The Savings Fund S pore Prog Fund 1.94 2.04 1.40 1.47 INCOME BOND UNIT iPxrMl a«Mal S pore Sec. Fund 2.10 2.21 Income Bond i
    173 words
  • 2741 10 Gr'« Gr's Net 1980 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 372 245 Acma 342 15.0 2.8 4.3 13.5 300 220 Alcom 300 12.0 2.5 4.0 17.0 149 116 Allied Choc 132 -2 4.0N
    2,741 words
  • 1946 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. DfIHJSrrRIAL* AJaMMto (3.108 3.185) Aleea* (2.968 3.005) (5) 2 98 (8) 3.00
    1,946 words
  • 708 10 SELLING pressure m the Slagapwe stock eielnage yesterday M to widespread losses urm toe biwi. TVe mala euaaittet were heavyweights and counters that taw speculative interest recently. The Straits Times lndustrfal ladex, which was 5.13 points tower at awa, clssed far the day at
    708 words
  • 603 10 THE Kuala Lumpur stock market weakened further yesterday under persistent selling pressure. The downturn, as expected, came following the uninspiring performances from overseas markets, notably Hongkong which tumbled almost 46 points in its half day of trading. This appears to have disappointed traders immensely, prompting
    603 words

  • COMPANY NEWS
    • 456 11 Reuter A STRONG case for investing in the stock markets of Malaysia and Singapore is made in a study of the two countries and their leading companies launched in London on Tuesday by stockbrokers Montagu, Loebl Stanley. In introducing the 138-page
      Reuter  -  456 words
    • LATEST RESULTS
      • 232 11 said it proposes a two-for-one bonus issue which would raise its issued capital to M 5111.34 million from $37.11 million. The company also plans to increase authorised capital to $500 million from $50 million. The proposed issue will not participate in any 1980 dividends but the company
        232 words
      • 15 11 has been sus- pended at the company's request.
        15 words
    • 624 11  -  By LOW LEE CHOO SELANGOR Coconuts is not pessimistic about its prospects as its estates are in good order following its carefully planned replanting programmes. Chairman Mr GS MacDonald told shareholders in the latest annual report that the company would be able to weather depressed conditions
      624 words
    • 614 11  -  By I KOH TSE YING BOTH the cumulative advance/decline and on balance volume indicators have slipped into a falling field trend and unless the current "ailing" sentiment is reversed, the drift in share prices might continue throughout the rest of this month. This is
      614 words
    • 431 11 "This is certainly a more sober condition for the market to climb higher," JCA says. "However, whilst the market was undergoing the downward correction, the drastic plunge had negative effects on other technical indicators. In other words, whilst solving the old problems, the market created new ones." Under
      431 words
    • 700 11 mm**. by HOCK LOCK SIEW ONE would have thought that the long suspension of San Holdings since 1976 was the worst possible thing that could happen to shareholders. Of late, certain events have occurred indicating that the worst is not over yet, at least for some shareholders
      by HOCK LOCK SIEW  -  700 words
    • In Hongkong...
      • 124 11 through its subsidiary, Prosperland Housing, has acquired 75.6 per cent of the issued share capital of Amoy Canning Corp (HK), Wardley announced. The acquisition was initially under a scheme of arrangement whereby Hang Lung Development Co acquired about 63 per cent of the Amoy share capital
        124 words
      • 114 11 announced It has agreed to acqolre two properties for HksS3.B million. FEC has agreed to parchase a 23-storey building at Kwai Chang from Carrian Investments, at $31.8 million, to be paid with $2t million cash and 2.96 million ■ew FEC shares of $I.M each aad at
        114 words
      • 103 11 has reported an interim dividend for nine months ending Dec 31, of 8 cents per "A" share and 0.8 cents per "B" share (5 cents per "A" share and 0.5 cents per "B" share for the year ended Mar 31, 1980). The interim dividend is on
        103 words
      • 58 11 Reuter has re- ported a consolidated act profit after tax and minorities of HK517.54 million (W.M million previoasly), including an extraordinary profit of $1.94 million ($4.28 million) for the year ended Jane». A final dividend of 8 cents (5 cento) making total 14 (I cento) will be distributed
        Reuter  -  58 words
    • 469 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Aokam 16*(n)* Dec8 Dec 18 Jan 2/81 26* 26* Bouatead 10* I Dec8 Dec 18 Jan 15/8110* 2S* c c 10% Jan 10/81 Jan 24/81 Feb 3/81 20* 23* CC M 32'-.*
      469 words
    • 215 11 Company Particulars Ex Date Booka Cloae Alcorn Proposed rights issue of 2 for 1 Bau tail 70 per share NYA NYA Bonus Issue of 1 for 3 Dec 12 Dec 26 C AC proposed bonus lssu» H Leong lad of 1 for 3 NYA NYA Proposed rights issue
      215 words
  • Page 11 Advertisements
    • 124 11 Mr. Bill Murray of Crane Machinery Services Limited, England would be pleased to discuss used, mobile crane purchases inducing the internationally famous Coles Cranes. Bill can be contacted at the Singapore Sheraton Hotel (From December 11th 18th) and will explain how you can save between 40% and 60% of the
      124 words
    • 128 11 From now on the others will have to try even harder! This is what car rentals are all about. We offer as near perfect a service as you'll ever get. Because the only cars we rent out form part of our franchise range. Which means that every car rented from
      128 words

  • 456 12 FAST CHANGING NEEDS ACCOUNTANTS should make use of modern tools such as computers if they are to keep up with the fast changing needs of business enterprises around the world. This is the view of Mr Leslie K C Wong, President of the Asean Federation
    456 words
  • 302 12 MITSUBISHI Petrochemicals has leased a naphtha storage tank in Singapore to be used as a supply base for the petrochemical industry in Japan. The company has reached a basic agreement with Van Ommeren Terminal (Singapore) for the use of a 40,000 cubic metre (251,600 barrels) tank
    302 words
  • 234 12 UPI STOCKBROKERS in Manila predicted yesterday a withdrawal of some US$6O- million by foreign investors in the next two weeks due to a new tax on capital gains.. Tax authorities forgot to exempt non-resident aliens from the new tax of 10 per cent of profits
    UPI  -  234 words
  • 280 12 AFP CHINA needs a long time to abandon its support of underground communist movements in South-east Asia, said Indonesian Foreign Minister Mr Mochtar Kusumaatmadja (ab*ve). He said Chinese leaders told Prime Minister Mr Lee Kuan Yew during his visit last month that
    AFP  -  280 words
  • 858 12 LONDON, Wed. Gold mining shares were weak in moderate trading as the bullion price fell below US$6OO. Other equities were generally steady. Heavyweight gold producers were mainly 100 or 200 cents lower as in Harties, Western Deep, Radfontein and FS Geduld. Amgold and GFSA, however, each (ell 500
    858 words
  • 516 12 Reuter SPOT crude oil and oil product markets were virtually trade less over the past week, with demand generally low, traders said in Rotterdam. The decision by members of the International Energy Agency to draw down stocks at a maximum 4.2 million barrels
    Reuter  -  516 words
  • 301 12 Reuter SKYROCKETING interest rates have sent stock prices tumbling in the past two weeks, but some Wall Street followers of stock market data maintain there is little reason to worry. Technical analysts, for instance, believe the market is oversold and ripe for
    Reuter  -  301 words
  • 269 12 Reuter SINGAPORE police are seeking information from Jakarta on a scandal involving the theft of millions of dollars worth of oil from the Indonesian stateowned Pertamina oil company, a police spokesman said yesterday. The inquiry follows press reports from Jakarta that oil belonging to Pertamina
    Reuter  -  269 words
  • 133 12 Reuter THE US dollar broke through the psychologically important two-mark barrier in early trading on the Frankfurt foreign exchange market yesterday for the first time in 28 months. The dollar, boosted by near record interest rates in the United States, which are more than twice
    Reuter  -  133 words
  • Page 12 Advertisements
    • 195 12 Leader...page 8 NORTH AMERICAN REAL ESTATE A Safe And Secure Investment Take Advantage of Canada's current low exchange rate to invest in a TRIDEL Built condominium Apartment in Toronto or Ottawa. With a downpayment of 50% or 60% you are guaranteed an annual rental income of 8 l /i on
      195 words
    • 277 12 THE ROLE OF COMMODITIES MTHE DEVELOPMENT OF ASEAN f ORGANISED BY CONFERENCE MANAGEMENT SERVICES SDN. BHD., AND COMMODITIES RESEARCH UNIT LTD VENUE NIRWANA BALLROOM, KUALA LUMPUR HILTON DATE 18th 19th DECEMBER, 1980 This conference will bring together top industrialists, bankers, commodity traders, outstanding specialists and practitioners who will provide up
      277 words
  • Page 12 Miscellaneous
    • 66 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several areas from late morning onwards. Report for 24 hoars prior to 7.39 p.m. on December II at the airport. Maximum temperature 28.5 Associated humidity 79 Minimum temperature 23.2 Associated humidity 99 Hours of sunshine 1.95 Rainfall
      66 words

  • SHIPPING TIMES
    • 646 13 Shipping Line Page Cnl Stripping Line Pnge C*l Adriatic IV 5 Evergreen IV 3 Afea VI 3 Fesco V 1/2 Afro-Eurasia VI 2 Flotta Lauro V 5 Alltrans VI 5 Fortune VI 5 Alpac VI 5 Franco-Belg m 4/5 Angkutan VI 4 Frata NVOC IV 2 ANL
      646 words
    • 526 13  -  By JAN LEE NORWAY believes in the "positive approach" in assisting developing countries promote their shipping industries through the transfer of know-how as opposed to the "negative approach of hiding behind restrictions". The shipping industry is a service industry and has to operate freely to
      526 words
    • PORTSIDES
      • 68 13 Reuter New Zealand's ports were strikebound as harbour workers called a national stoppage over a pay claim. The strike follows two weeks of stoppages over the harbour workers' demands for parity with waterside workers. An arbitration court ruling has placed the issue back in the hands of
        Reuter  -  68 words
      • 108 13 Reuter The Calcutta Port Trust chairman, R H M D'silva, said on Tuesday he had requested the national government to declare a state of emergency in Calcutta port to restore normal operations the Press Trust of India (PTI) reported. D'silva told newsmen that loading and unloading, disrupted
        Reuter  -  108 words
      • 64 13 Reuter WHEELOCK Maritime International Ltd said it has placed an order with the China Corp of Shipbuilding Industry (CCSI) for the construction of two 27,000 dwt lakes-fitted bulk carriers for delivery in 1983. The contract was channelled through International United Shipping and Investment Co Ltd, a joint
        Reuter  -  64 words
      • 81 13 AP An Indonesian sea patrol unit has seized two Taiwanese fishing boats in Moluccan waters for alleged illegal fishing, the Antara News Agency said on Tuesday. The detained boats Jin Chieng 31 and 32, with skippers Ming Syong Pan and A Bao Yg, along with their combined
        AP  -  81 words
    • 143 13 THE CY Tung and Inchcape Groups have reached an agreement in principle with Seatrain Lines to buy over Seatrain's majority interest in Pacific Seascape Limited, which operates under the name Seatrain Pacific Services. Mr John W Graves, president and chief operating officer of Seatrain Pacific Services, announced
      143 words
    • 985 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMIN AL NB. (II VCTSrl'i efllm*te<l (Idle or WTtval is ftdvlled »1 utt Snipping UDr Alrnt and is subject to change (2) All export PCI. containers and LCL cargo must be rteitvertO to tb# Authwttf t(rrmt«r« during the
      985 words
    • 1457 14 COAL featured the freight market on Tuesday with a large contract being arranged for 900,000 long tons from Hampton Roads and Baltimore to Fos. A freight rate of U559.95 was agreed for the business with the coal to be shipped in cargoes of 85,000 to 100,000 tons spread
      1,457 words
    • 468 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Brinton Lykes (hauls after Tsu sails) 33/34 Bunga Raya (1000 will shift 12/1500 tbc to G. 33/34) 42/ 43 Emma Maersk (after Brinton Lykes hauls) 31/32 Feng Jin (1000 after Samoa shifts) 5 Hoegh Orris (after Maria Marios H Tsu sail) 38/39
      468 words
    • 456 15 TIGHTER control on foreign ships entering the ports of 13 West European nations was agreed on recently at a ministerial conference on maritime safety in Paris. The conference, organised by the French Minister of Transport, Mr Daniel Hoeffel, was attended by representatives of
      456 words
    • 131 15 BOATS of up to 50 metres in length, propelled by wave energy, may well be the result of successful tests in the Ship's Model Tank in Trondheim, mid-Norway. These imaginative products were invented by Norwegian electrical engineer Einar Jakobsen. This summer, successful trials were carried
      131 words
    • 213 15 Reuter A NEW development programme has doubled the number of tankers in ballast that can pass through the Suez Canal, the chairman of the Suez Canal Authority announced. Mashour Ahmed Mashour said the latest stage in the canal's development had been completed and it could
      Reuter  -  213 words
    • 174 15 AP IRAN'S three main Persian Gulf ports have handled 1.39 million tons of imports since the war with Iraq started eleven weeks ago, the official Iranian Pars News Agency reported. Air raids by Iraqi jets against the port of Imam Khomeiny failed to
      AP  -  174 words
    • 96 15 AP CHINESE militiamen and fishermen recently braved hurricane winds and high seas to help save a Chinese submarine which lost its way and hit submerged rock near a coastal island off China's Shandong province. A Hongkong Communist daily. Wen Wei Po, said the accident happened on the night
      AP  -  96 words
    • 1068 15 Fairplay A NEW management team and a near US$lOO million investment programme has put New York-based Hellenic Lines on course to join the big league of container operators. Stimulus for this expansion, which will see the company's fleet transformed from its existing
      Fairplay  -  1,068 words
    • 2518 19 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 of
      2,518 words
    • 766 20 ALGESIA Annaba Early Dec, berthing delay of about 50 days for grain carriers. Skikda Early Dec, berthing delays of 5-15 days. Algiers Early Dec, delays of about 20 days. ANGOLA Luanda Early Dec, berthing delays of about 20 days for wheat flour dischargers. Lobito Early Dec, no waiting
      766 words
    • 448 20 SHIPOWNERS rushing to cash in on the booming North American cruise market may find fewer customers than they bargained for. The risks entailed are underlined by the fact that successful cruise lines are operating at a break-even rate of at least 80 per
      448 words
    • 292 20 PHASE 5, the last phase of the emergency dredging on the Columbia River, is now complete. The entire channel is now 600 to 700 feet wide by 40 feet deep and routine maintenance work is now underway, the Port of Portland announced lyThe US
      292 words
    • 226 20 Reuter SALVAGE operations for a Czarist Russian cruiser, sunk in the sea of Japan in 1905 with treasure privately estimated to be worth US$3B billion, were suspended for the winter, a Japanese salvage company said in Japan. Katsumi Tamanai, president of the Nippon Marine
      Reuter  -  226 words
    • 71 20 Reuter A STRIKE by tug crews p over a wage dispute which delayed shipping in Melbourne for several days is officially over, a port authority spokesman said. However, the men have refused to return to work until the temperature drops below 100 degrees fahrenheit, he added. Melbourne
      Reuter  -  71 words
  • Page 13 Advertisements
    • 373 13 [Jl granard lime INDEPENDENT- ATTRACTIVE RATES MEDITERRANEAN/EAST ASIA SERVICE ACCEPTING CONTAINER CARGO- PCL ONLY FOR PORT SAID, ALEXANDRIA, BEIRUT, LATTAKIA, UMASSOL, ISTANBUL A PIRAEUS Specially engaged agents stevedores providing immediate discharge. GRANARD SNIPPING AGENCIES (S) PTE LTD. TEL *****77 (5 Lines) .IARDIM A MAII SAJJU/VQ Orient Overseas Co*dci*teA Line m
      373 words
    • 256 13 aSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES AL SALIMIAH V.31 Loading for f-Wj.Hi.ri.i.i.irmTrejiTraiimii Kuwait (3/1). Damman (6/1). Dubai (9/1). Abu Dhabi (12/1) I Doha (15/1), Mina Al Fahal (18/1) Mina Qaboos (21/1), Bahrain (24/1) I; Accepting containers/breakbulk I Dubai (20/1), Dammam (23/1), I Kuwait (26/1), Mina Qaboos
      256 words
    • 17 13 mm CONTAINER Schedules II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII
      17 words
    • 782 13 4> cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents UNIPACIFIC TRANS ft TRADING A6EKCY PTE ITS Tel *****4 (5 lines) SINGAPORE £3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC, GULF. ATLANTIC. EAST CANADA. ASIAN PORTS mm L-i'B''rYii MAERSK RANDO i.r.i m to? I Port
      782 words

  • Page 14 Advertisements
    • 929 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Aua»<to| Far: 1) Barcelona. Genoa. 2) Amsterdam. Antwerp, L Havre. Mb*. Basle. UK. 3) Bremen. Bremenhaven. Aarhus. Copenhagen Helsinki 4) Mai
      929 words
    • 365 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA rt. Irian kt> trroK cm SaM 1? 14/12 110/1? 27/1 •10/12 1818/12 15/1 •27/12 3 3/1 31/1 2/2 5/2 6/2 21/1 23/1 6/2 «/2 8/2 10/2 12/2 13/2 20/2 23/2 2#/2 24/1 26/1 9/2 11/2 1/2 «/2 1/2
      365 words

  • Page 15 Advertisements
    • 706 15 ■■tVLk Overseas I Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COMUMERSMP SERWCE TO UK/CONTRCNT COWTIUNERSHF SERVICE FROM UK/CONTRgNT H'bvrg B/wri R'dam te Ha»re Fert n— 0 «pm Urmfmt by i UMltat Sj V(U| E*nsi 1 iMfllM Si Uaauni Ewmi Si Lap
      706 words
    • 324 15 Franco Belgian Services {Fur East Frc.ich Service irtfh Belgian >'<ir Kiistirr. I.ints^ aCf CONSOV Tllw C.M.C.R. AST Rf NC rompjqn,+ m 4 C Seatraln Pacific Services SINGAPORE ENQUIRIES *****44 CPS *****41 Terminal 2205A36 Optorg Shipping Pte. Ltd. Kuala Lumpur *****3 Porl Kelang 7001/2 Pataling Ja»a *****3 Penang ***** r A
      324 words

  • Page 16 Advertisements
    • 659 16 13 TO IQtTH nJKOft Fort to Dtp** UewpoM Hit TO MEDTTDtXAICA Hapag-Uoyd In Port u/l 2«/12 30/12 3/1 TO USA/OMKMM Connect Tokyo •Connect in Kobe (CARGO TO ATLANTIC ANO GULF PORTS VIA MINIL ANDBRIDGE) FKMICTTMaOft r»ro«Tsl H'burf B'ha» Rdam Leha»i p* s pore HK TW Tokyo/ Kobe Busan en Awerp
      659 words
    • 603 16 -< LINE SHIPPING KOREA CORPN f. Keian( PENANG VEGA 155W 29-31 Dec 25-29 Dec STORE 1/4 Jan tl FROM BUSAN BANGKOK VEGA 156E 29-31 Dec 25-29 Dec 1/4 Jan tl TO BUSAN ALTAR 159W 7-11/1 ALTAR 160E7-11/1 16-19 Jan tl FROM BUSA BANGKOK 16-19 Jan tl TO BUSAN KSC KSC
      603 words
    • 596 16 r EVERGREEN LINE FAR [AST eUROPF EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP, IE HAVRE ALSO ACCEPTMG CARGO FOR UNITED MWGOOM SOUTHAMPTON, LONDON. MANCHESTER. BMMNGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BSW&SvfJT HOLLAND AMSTERDAM S>w lln*»t 4rt*w4M NMw Wni L* (tow Ever La** 14/12 t/1 1/1
      596 words
    • 505 16 1 Spiff ACONCAGUA 30/311* Everett Steamship Corpn.S/A Mitsui O.S.K. Lines CONVENTIONAL EAST AFRICA SERVICE 1) Dk lap Maabau. Dai n Salaam Faa 21 Otc Date* Mm*in. Dar Salaam NEST AFRICA SERVICE (acceptor container* to Apopa) Unci Hani 15 Dtc laps/Apapa Contrj a#r Octa Imki 21 Ok Taria Man I la
      505 words
    • 744 16 T mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE SMgapra P. Kateng Loatfng tar SMLED MRHK/mn t/tta 9/11 la SYD. MEL. ADEL may cm.. maypwpw JAPAN/STRAITS SERVICE PALM GOLDEN BELL WES TO* WO GAYATKA SANKOU MARU OASIS DIKE TMSHMNC SUMY OCEAN MAT PMICE COOM agekts CCNTMB BOOKK UDOriP
      744 words

  • Page 17 Advertisements
    • 571 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE J, SINGAPORE/CHITTAGONG/RANGOON/SER VICES KOTABUANA. Singapore tn Pi/12 Dac Loading For ChHtagong, Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES KOTA BERK AT. In Pt/13 Oac KOTA ANGKASA. SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ VESSEL Nap. Zircon Navalis Nap. Topaz Nap. Zircon Navalis Nap. Topaz
      571 words
    • 886 17 FIT*: BEN LINE i CONTAINERS M Rnv ftpat LMpHi B*7 HaaMi Upm Iwp Km larpM EHWSS CONTMKR SERVICE TO/FKOM EUROPE H'BURG B HAVEN ROAM HAMS SOTON S pore P Keiani W Germany I Aastna Artacrp Fraace Al UK U/12 2/1 VI VI 7/1 20/U ;«<H #/l *vi ivi vi iVU
      886 words
    • 804 17 I J 0 Vv 1 fa i Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE fmtm fu mo mm sm I DAttlA 13/17 «M I PCNAGA 19/12 IWU 20/12 I POKA 2/1 I MM* |/1 Uwpatf. UK Cmmtt I 2/7 J/2 5/2 M Ittter man «m»«i cat|t Id l«#>i fUM| Mv to
      804 words
    • 607 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUHOH ft SOUTH AFRICA BEAVERBANK SINGAPORE S'wong I •to Reunion 22/12 Durbon 1/1 Capetown 5/1 Pt E1,2 7/1 (also accepting East London and Maputo carpi) Lukes Lines U.S. NEST COAST SERVICE Dkvrt trom SFO Lbcti SPOW S'«* Tac «C BRffTON LYKES Sid Sid J
      607 words

  • Page 18 Advertisements
    • 559 18 K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA no FEEDER VCSXLS* PK SP MOTtO KSSEIS IK U St MT fiMnAceo3N Sated 13/12 KadaiMaro 27/12 7/1 Uom Cat* Bndf« 27/12 6/1 Km Man 27/12 2C/1 A Inui 21/12 tea Mara 9/1 22/1 *i«u Mara 9/1 22/1 lapan
      559 words
    • 688 18 CAUFORNM/PACFIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER SERVICE Lm*« tar LOS MGOa SAN FUMCSCO SUTTU. TACOMA. VMCOUWL IC. *cmHN fa/fa Man P Mm| SM|a«ort I Anfctn "10 wmr 11/11 Ok 12kc 7 1m TO. IMH* 17 Bet a Ok 23 taa AUSTRALIA EXPRESS CONTAMER SERVICE tec** Fa/Fa CmUtmt NEW ZEALAND SERVICE
      688 words
    • 626 18 y A(.roun SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 ARKETING *****? (3 LINFSI GENERAL *****1 114 lINES TERMINAL OFFICE *****83 LEX R S ***** R S 2SS6B A BCARSHIP CABLE CA R GOSH IP I Tin Hiliintil Itcjjional Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK ¥0Y
      626 words
    • 655 18 151 granard line INDEPENDENT ATTRACTIVE RA TBS u MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCI O\LY FOR PORT SAID. ALEXANDRIA, BEIRUT LATTAKIA. UMASSOL ISTANBUL A. PIRAEUS Specially engaged agents A stevedores providing immediate discharge MAN OCON6 V.4IW HAN SM IAM Caft« Port Said. Mrvt ft Lattakia My Sport PKeiang
      655 words
    • 672 18 f INTR QStfl (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****1 V *****57 ■cooiKifT soma toeuwpe Spert P 22 Dk 25 Doc BOULOGM/RDAM/ IK (AVON) Am*: Sngapore MTRASEA (PIE) LTD 2352(11 BOOKMC -v». *****57 K Lump* TtO SHTPMG TRADMG 480(44 *****2, UK7t Nm| MIDI OVERSEAS MAMTM SOU
      672 words

  • Page 19 Advertisements
    • 529 19 TO EUROPE/UK (VIA SUEZ): C. CONT/UNER 91+ SS BROGE 29W N. GARNET 3W K. CHANCE IN C. PAUL 25W K. JACEJM SW TW BROGE 4N •Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia +C.CONTAINER S pore Closing Times: FCL Cargo 2300 11/12 LCL Cargo 1100 11/12 FROM EUROPE (VIA
      529 words
    • 155 19 SANKO ASIA LINE. B-= LOADING FOR OSAKA, NAGOYA, YOKOHAMA Sinfapore P. Kelang SEA KING 13/15 Dec 16/18 Dec Agents: C.F. SHARP CO., (M) PTE. LTD. S'pore Tel: *****22, P. Kelang Tel: *****9/*****4. Lniquo SHIPPING TRADING CO.. (PTE) LTD 66/68 Cacil Street Singapore 1 Tel *****22 (14 Linesl SIXMOS ETA ETD
      155 words
    • 174 19 WORLD LINF. 1 EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS STORE P.KKLANG GEMLOCK L-2 Dec. 14/15 Dec. 16/17 SARAN L-46 Dec. 18/19 Dec. 20/21 BLUE SHARK L-53 Dec. 25/26 Dec. 27/28 OLDFAIR L-15 Jon 1/2 Jon. 3/4 Gtn Agent WPON BWESS PTE ITO M ttk ft.. Nortd Trade Ce*r, 1 Hantone Square 0401
      174 words

  • Page 20 Advertisements
    • 321 20 MALDIVE LINES ETA KUANTAN ETA PORT KELANG MALDIVE NXJSTRY Sailed Loading for Chittagong/Madras MALDIVE PEACE 12/12 Loading for Dtibat/Kuwait MALDIVE MAGE 18/12 Loading For Jeddah/Djibouti MALDIVE LOYALTY 25/12 Loading for Hodeidah MALDIVE SEAFARER 30/12 Loading for Jeddah MALDIVE PIONEER 30/12 Loading For Jeddah FOR BOOKINGS I ENQURUES PLEASE CONTACT: SINGAPORE
      321 words
    • 328 20 WEEKLY SERVICE TO MALE GLOBE LINE LTD Weekly Service to Mole, Moldive Islands via Colombo SPORECOLOMBO MALE ETD ETA ETD ETA Globe v. 4 16/12 21/12 26/12 ms "SUNE S." v. 4 29/12 Globe v. 5 23/12 29/12 2/l/-81ms "SUNE S." v. 5 5/181 Globe v. 6 30/12 4/1 9/1
      328 words
    • 195 20 NOTAS LINE Regular Express Service SI-OW NOTAS PTf ITD Hi ?9498A4 5 Imni Tl» RS ***** P» MAHMOOC AMBAII I SONS S(*l BHO Til *****j Tl» M» 39/33 P Gudinj SHAPAOU HO(WNG SON BMP ?[l ***** U> M« 39/18 PfNANG STRAITS 0»«N T SHIPf (NT SON BHO Tfl *****? 6759?
      195 words
    • 394 20 We cut problems down to size U Leading supplier of quality Branch office: products and services for Unitor Ships Service (S) PTE LTD maintenance and safety pro- No 9 Fourth Chin Bee Road tection for the manne industry Jurong Singapore 2261 are available from 51 Unitor Telephone *****0 offices with
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    • 195 20 PERKAPALAN LAUTAN BIRU SDN. BHD. P O Box 220. Kota Kinabakj Sabah REGULAR UNER SERVICE Sabah Sarawak Bangkok Singapore Port Kelang Agents: M'sia: Pott KeUng. SEALOM SHIPPING (M) SDN BHD Tel *****4. *****9 *****1 Tlx MAW 12 Penang: SEIAMA SHIPPING TRANSPORT SDN BHD Tel *****1 *****2 Tlx MA***** f. Coding
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  • Page 20 Miscellaneous
    • 171 20 m Regional Weather K M > J a fm Si >•» 10i Al EBfc I 5W as f \< c /V Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with
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