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• 'BUSINESS & FINANCE 25-30<br />

• LAW 30<br />

• SPORT 35-40<br />

Executive Editor<br />

David Brewerton<br />

CHANGE ON WEEK<br />

(THE POUND<br />

US dollar<br />

1.7000 (+0.0060)<br />

W German mark<br />

3.1765 (+0.0053)<br />

E xch an ge index<br />

95.4 (same)<br />

(STOCK MARKEt)<br />

FT 30 Share<br />

1691.0 (jf 8 0 ) :<br />

F T -S E 100<br />

2053.6 (+7.9) /<br />

USM (D atastream )<br />

164.59 (-0.71):<br />

ConsGold<br />

banker in<br />

complaint<br />

to <strong>Panel</strong><br />

J Henry Schroder Wagg, <strong>the</strong><br />

merchant banker acting on<br />

behalf of Consolidated Gold<br />

Fields, will today lay formal<br />

complaints before <strong>the</strong> -Take'<br />

over <strong>Panel</strong> about developments<br />

in Minorco’s bid battle<br />

for / ConsGold and reputed<br />

action by James Capel, <strong>the</strong><br />

stockbroker.<br />

.ConsGold has . criticized,<br />

comments in <strong>the</strong> latest newsletter<br />

from <strong>the</strong> James Capel<br />

Gold and General Fund, and<br />

will draw <strong>the</strong> <strong>Panel</strong>’s attention<br />

to <strong>the</strong>m.<br />

.James Capel, <strong>the</strong> broker, is<br />

advising Minorco in its £3.5<br />

billion bid for ConsGold. The<br />

Gold Fund is an exempt fund<br />

manager under <strong>the</strong> Takeover<br />

Code. The! broker said <strong>the</strong>re<br />

were “Chinese walls” between<br />

its broking side and <strong>the</strong> Gold<br />

Fund. /<br />

Fur<strong>the</strong>r controversy over<br />

<strong>the</strong> broker concerns <strong>the</strong> 1986<br />

planby American Barrick, <strong>the</strong><br />

North 'American mining<br />

group, to bid for ConsGold.<br />

American Barrick, with a 4.99<br />

per cent stake, withdrew from<br />

a bid at <strong>the</strong> last moment.<br />

An official DTI inquiry into<br />

share dealirigs at <strong>the</strong> time was<br />

conducted, blit de'spite;;persisj<br />

' tent calls, <strong>the</strong> DTI report Has<br />

never been published. ' '<br />

It has been established that<br />

at <strong>the</strong> time American Barrick<br />

was planning its 1986 bid, James<br />

'Capel was buying<br />

CoiisGold shares for its own<br />

account. Barrick is said to be<br />

considering legal action<br />

against James Capel.<br />

Barrick, which last: year reappeared<br />

on <strong>the</strong> ConsGold<br />

register with a 1.34. per .cent<br />

stake, has told ConsGold it<br />

owns 3.4 million sharesj or<br />

1.59 per cent, and that its<br />

London brokers have been<br />

told'to accept Miriorco’s offer.<br />

. ConsGold says no notice of<br />

<strong>the</strong> ; additional purchase, as<br />

required under Rule 8 of <strong>the</strong><br />

Code, was made by Barrick.<br />

Addison drive<br />

Addison Consultancy, <strong>the</strong><br />

market research and public<br />

relations group, is to step up<br />

its. campaign against an approach<br />

from MAI, which has a<br />

15 percent stake.<br />

The key to MAPs interest' is<br />

Addison’s Taylor Nelson market<br />

research subsidiary but 20<br />

senior managers from Taylor<br />

Nelson, with main board<br />

members Miss Liz Nelsen and<br />

Mr Tony Cowling, will this<br />

, week threaten to leave Addison<br />

if MAI acquires control.<br />

GKNbuy<br />

GKN’s ; Birmingham ; automotive<br />

transmissions distribution.<br />

company, Hardy<br />

Spicer Drive Line, has acquired<br />

Ball Components, an<br />

independent .supplier and.<br />

recondition’er of propeller<br />

shafts at Leek, -Staffordshire,<br />

for ■ £900,000, r including two<br />

deferred payments, one of<br />

£250,000 at. <strong>the</strong> end of 1989,<br />

and one of £100,000 at <strong>the</strong> end<br />

of next year.<br />

Pechiney float<br />

Pechiney, International, <strong>the</strong><br />

French packaging and aviation<br />

components group, is<br />

raising Fr2.644 billion (£243<br />

million) as part of a. stock<br />

market flotation .<br />

TOURIST RATES<br />

Australia $<br />

Austria Sch<br />

Belgium Fr<br />

Canada $. .<br />

Denmark Kr<br />

Finland Mkk<br />

France Fr<br />

Germany Dm<br />

Greece Dr .<br />

Hong Kong $<br />

Ireland Pt .<br />

Italy Lira<br />

Japan Yen<br />

Ne<strong>the</strong>rlands Gld<br />

Norway Kr<br />

Portugal Eac<br />

South Africa Rd<br />

Spain Pta<br />

Sweden Kr<br />

Switzerland Fr<br />

Turkey Lira<br />

USAS<br />

Yugoslavia Dhr ;<br />

Bank<br />

. Buys<br />

2.165<br />

23.35<br />

' 69.80<br />

2.105<br />

12.84'<br />

7.44<br />

11.15<br />

3.305<br />

289'<br />

13.74<br />

I.245<br />

2430:<br />

239.50<br />

3.735<br />

12.03<br />

272.75<br />

5.23<br />

205<br />

II.29<br />

• 2.92<br />

3800<br />

1.785<br />

15700<br />

' Bank<br />

. Sells<br />

2.035<br />

22.00'<br />

65.90<br />

1.985<br />

12.19<br />

7.04<br />

10.55'<br />

3.125<br />

. 265<br />

12.94.<br />

1.175<br />

2300-<br />

223.50<br />

3.525<br />

: 11.38<br />

257.75<br />

4.60<br />

193<br />

10.67<br />

2.76<br />

3200<br />

1.685<br />

12700<br />

fiates for small denomination bank<br />

notes :on!y a s supplied by Barclays<br />

Bank PLC, Different rates apply to<br />

travellers’ cheques..<br />

Retail Price Index: 112.3 (March)<br />

By Graham Searjeant<br />

Financial Editor<br />

Retail sales growth picked up again<br />

in March, after falling steeply in<br />

each of <strong>the</strong> previous three months,<br />

but <strong>the</strong> high street was still far less<br />

buoyant, than for. most of last year,.<br />

according to <strong>the</strong> CBI’s monthly<br />

distributive trades survey. .<br />

The sharp fall in <strong>the</strong> growth of<br />

high street sales over <strong>the</strong> winter<br />

quarter is, however, beginning to<br />

feed through <strong>the</strong> supply chain, as<br />

wholesalers follow retailers in try-!<br />

ing to reduce excessive stocks.<br />

Mr Nigel Whittaker, chairman of<br />

<strong>the</strong>,CBI survey panel, said'it would<br />

be premature to conclude that <strong>the</strong><br />

slowdownin high street spending is<br />

oVer. -<br />

The CBI. survey is published<br />

hours before <strong>the</strong> Government’s<br />

own .official retail sales figures,<br />

which have proved more erratic<br />

but, are generally, expected by <strong>the</strong><br />

City, to show static or marginally<br />

falling sales in March. ; '<br />

The Government figures showed<br />

a sharp drop in January, but a<br />

record 3.1 per cent rise in February.<br />

If <strong>the</strong> March figures show no<br />

increase,, <strong>the</strong> City; is likely to hope<br />

that <strong>the</strong> Chancellor’s monetary<br />

squeeze is working, and that fur<strong>the</strong>r.<br />

rises in interest rates might<br />

still be avoided. But <strong>the</strong> markets<br />

Bad and good news for cash-hungry Alan Bond<br />

Bond Corporation’s public<br />

invitation to parties<br />

interested in its 2 0 .4 per<br />

cent stake in Lonrho fora<br />

m inim um 385p a share,<br />

requiring a buyer to pay<br />

at least £377 m illion,<br />

appears to have been<br />

widely cold-shouldered.<br />

Applications for <strong>the</strong> stake of<br />

just short of 98 million shares<br />

must be lodged with merchant<br />

bankers Samuel Montagu by<br />

5pm today.<br />

However, by late last night<br />

— and despite a five-week “for<br />

sale” campaign — iio formal<br />

buyer had emerged.<br />

“A, late buyer may just pop<br />

up,” <strong>the</strong> Bond camp said.<br />

“However, <strong>the</strong>re is no sight of<br />

<strong>the</strong> supposed Japanese consortium,<br />

nosight of <strong>the</strong> alleged<br />

European consortium. And<br />

Lonrho has not reacted positively<br />

to. our suggestion that<br />

<strong>the</strong>y take <strong>the</strong> parcel.” :<br />

The Bond group had set its<br />

sights on. a minimum 385p. a<br />

Conrho'share in order to clear-<br />

its average purchase price,<br />

including interest.and dealing<br />

costs, of about 380p a share.<br />

When it- announced <strong>the</strong><br />

planned sale last month Bond<br />

Mr Alan Bond has recovered<br />

<strong>the</strong> $30.6 million (£18 million)<br />

he invested in Pa<strong>the</strong><br />

Communications,. formerly<br />

<strong>the</strong> Cannon Group, <strong>the</strong> Hollywood<br />

film maker.<br />

Pa<strong>the</strong> is run by Signor Gian-''<br />

carlo Panretti,’ <strong>the</strong> flamboyant<br />

Italian financier who has recently<br />

denied, allegations that<br />

his money comes from <strong>the</strong>.<br />

Mafia.<br />

According to Mr. Malcolm<br />

Ross, Mr Bond’s American<br />

lawyer, he put <strong>the</strong> cash , into<br />

Cannon, in 1986. But less than<br />

a year later Cannon ran into<br />

trouble, weighed down by<br />

huge debts, and sharply rising<br />

trading losses....<br />

Last year Pa<strong>the</strong>’s debts<br />

totalled $480 million, and <strong>the</strong><br />

group lost $37 million before<br />

asset sales gave it a bottom<br />

line profit of$21 4 million. Mr.<br />

B y Colin Campbell<br />

^ v v '- T - , -i rr*^~r.r<br />

S E C T IO N<br />

MONDAY APRIL 17 1989 25<br />

will also, play close attention.to-<strong>the</strong><br />

money supply figures for March,<br />

due on Thursday.<br />

. The CBI: survey confirms <strong>the</strong><br />

impact of <strong>the</strong> rise in. mortgage<br />

interest rates on <strong>the</strong> pattern of-<br />

• consumer spending...;.<br />

Grocery sales are still buoyant,<br />

while sales of; cars; durables sand<br />

. alcohol are generally lower than a<br />

year ago. ' . ;<br />

After deducting those whose<br />

sales were down, a balance of more<br />

than a third of retailers reported-<br />

that sales in March were higher<br />

than ;a year ago, and a similar<br />

proportion expects higher sales this<br />

month. This compares with a<br />

Corporation said that while i t funds in better investment<br />

preferred cash, it would con­ situations. It feels that too<br />

sider a swap of assets or o<strong>the</strong>r much capital is tied up in a<br />

alternatives based on a 385p single situation in which <strong>the</strong><br />

sale price.-<br />

company cannot go very far.<br />

However, , with Lonrho’s ; Rejations between <strong>the</strong>. two<br />

share price at 329p on Friday executives and <strong>the</strong> two groups<br />

<strong>the</strong> prospect of a late buyer have been particularly<br />

appears to be fading fast strained since Lonrho<br />

Mr John Richardson, chief launched what Bond Corpora­<br />

executive of Bond1 Corpora- tion has described as <strong>the</strong><br />

■ tion UK and Europe,.said his “public onslaught” on its bal­<br />

i group would “press on and try ance sheet and executives. ;<br />

to sell <strong>the</strong> Lonrho stake.” Mr Richardson said that if<br />

Mr Alan Bond and Mr Tiny no buyer appeared <strong>the</strong>n Bond<br />

Rowland, chief executive of woujd not suddenly dump<br />

'Lonrho, met on Friday and Lonrho shares on <strong>the</strong> market.<br />

discussed <strong>the</strong> idea that Lonrho “That would be madness,<br />

— which itself has consistently given Lonrho’s current share<br />

spoken of <strong>the</strong> high worth of its price,” he added.<br />

shares — should take up all or He admitted that “fur<strong>the</strong>r '<br />

part of <strong>the</strong> shares owned by ideas and plans” were being<br />

Bond.<br />

pursued, and that now Mr<br />

“We overcame Lonrho’s . Bond and Mr Rowland had<br />

earlier objections that <strong>the</strong>y met again “at least a line of<br />

would suffer a tax problem dialogue has been opened lip<br />

with an idea which would again”.<br />

have solved <strong>the</strong>ir tax ques­ Meanwhile, Mr Richardson<br />

tion,” Mr Richardson said. .said he Was “bemused”^ that<br />

;“Hp.wever,; Lonr^^ ^LpnrjiQapdfMrJRowlandj'who u<br />

-waimireceptLveorpositiyeto, * ."has .' ' talked'-' about'^ Lonrho /<br />

our idea.” ' : shares being worth at least £5<br />

Bond Corporation would r- if not £8 — each, should by-.<br />

readily welcome <strong>the</strong> opportu­ pass <strong>the</strong>. 'opportunity: to acnity<br />

to realize its Lorirho stake quire such':a strategic block at<br />

so that it could re-deploy <strong>the</strong> 385p a share. .<br />

From Philip Robinson, Los Angeles<br />

Bond, whose name appears as<br />

a director of Cannon in <strong>the</strong><br />

latest Standard & Poor’s Register<br />

of Corporations, retains a<br />

small stake in <strong>the</strong> company<br />

and an option.to increase it to<br />

just under 5 per cent.<br />

Mr Ross said <strong>the</strong> stake of<br />

20,000 shares, with an option"<br />

for a fur<strong>the</strong>r 500,000, was a :<br />

sweetener for <strong>the</strong> $30.6 million'loan.<br />

The' option is<br />

convertible at $16 a share. :'./<br />

; That looked a.bargain in <strong>the</strong><br />

eariy/and mid-1980s, when<br />

Cannon shares were up to<br />

between $20 and $40 a share.<br />

On Friday, <strong>the</strong> shares could be<br />

bought for $4.37, which valued<br />

<strong>the</strong> entire Pa<strong>the</strong> Communications<br />

company at around<br />

$50million. ; :<br />

Mr Bond’s cash was not due^<br />

for repayment until 1990-91.<br />

But, analysts say, with esti­<br />

mated world debts of $4<br />

billion (£2.'3 billion), Mr Bond<br />

is in need of ready cash.<br />

. ■. Mr Ross said: ‘Mr Bond is<br />

no longer interested in Cannon.<br />

We have taken it off <strong>the</strong><br />

list of compan.ies'on which we<br />

keep a regular watch?’-<br />

Filofax ‘will make loss in first half<br />

By George Sivell<br />

Filofax, <strong>the</strong> company which<br />

makes <strong>the</strong> ring-bound personal<br />

organizers, is expected<br />

to fall, into <strong>the</strong> red for <strong>the</strong> first<br />

half of 1989.<br />

' This forecast comes from<br />

Phillips & Drew, <strong>the</strong> stockbroker<br />

to <strong>the</strong> company, which<br />

floated Filofax on <strong>the</strong>: Unlisted:<br />

Securities Market at,<br />

,120p in April, 1987.<br />

Phillips & Drew says that<br />

Filofax is expected to report a<br />

; small loss for <strong>the</strong> first six<br />

months because of! spending<br />

on •. broadening its product<br />

range. ... ,<br />

This . amplifies <strong>the</strong>’ statement<br />

by Mr David Collis-<br />

chon, <strong>the</strong> chairman, which<br />

accompanied recent results<br />

showing a rise in pre-tax<br />

profits from £2.61 million to<br />

£2.72 million for 1988.<br />

Just four days before <strong>the</strong><br />

Phillips & Drew circular was<br />

balance of only 12 per cent with<br />

higher sales in February, but is<br />

lower than all but one of <strong>the</strong><br />

previous 11 months.<br />

‘ More than a fifth of retailers also<br />

increased <strong>the</strong>ir orders compared<br />

with a year ago, a sharp recovery<br />

from February when as many<br />

retailers cut orders as increased<br />

; <strong>the</strong>mi<br />

The earlier response of retailers ,<br />

has made trading more difficult for.<br />

wholesalers. A balance of 4 per cent<br />

said sales were,poor for <strong>the</strong> time’of<br />

year. ■ ■<br />

In turn, wholesalers are placing<br />

fewer orders with <strong>the</strong>ir suppliers. A<br />

balance of 8 per cent said <strong>the</strong>y cut<br />

■ms: s:<br />

<strong>the</strong>ir orders in March and 9 per<br />

cent expect to do so in April,<br />

although wholesalers are more<br />

: optimistic about <strong>the</strong>ir own sales<br />

this month.<br />

• The early spring appears to have<br />

played a part in <strong>the</strong> March increase<br />

in .high street sales, according to<br />

reports which have been received<br />

by <strong>the</strong> Retail Consortium, <strong>the</strong> tirade<br />

body for most : retailers. (Derek<br />

Harris writes).<br />

Sales of menswear and footwear.<br />

are reported to have improved, as<br />

have household textiles and furniture.<br />

Some stores .have also<br />

reported healthy sales of household<br />

electrical goods. The week, ended<br />

In talks with Rowland: Alan Bond, whose worldwide debts are estimated at £2.3 billion<br />

for two big<br />

By Our City Staff<br />

Next, <strong>the</strong> stores group, is<br />

expected to sell its newsagent<br />

arid carpet retailing operations<br />

withiri <strong>the</strong> next few weeks.<br />

Up for sale' are Dillons and<br />

Signor Parretti, once a Preedy —- toge<strong>the</strong>r <strong>the</strong> third<br />

waiter at <strong>the</strong> Savoy hotel in; largest 'tobacco, confectionery<br />

London, took control of Can­ and ' newsagents group in<br />

non last April. ' Britain — and <strong>the</strong> Mercado<br />

carpet retailing operation,<br />

He has promised to spend<br />

which could bring in ; £70<br />

around $800 million on build­ million or more to Next. :<br />

ing a massive film, television<br />

The disposals follow <strong>the</strong><br />

and media empire. However,<br />

sale, of <strong>the</strong> ■ Salisbury s baggage<br />

he has yet to make a, major<br />

group and <strong>the</strong> Zales jewellery<br />

film- or television buy. \<br />

group to Ratners for ;£135<br />

Meanwhile,. Signor Parretti millioiv last,Gctober, and <strong>the</strong>:<br />

is still' seeking to increase .his £29.3 million ■ sale of Allens,<br />

stake in I?at)iei^^niiiiuh- <strong>the</strong> chemists .chain,; to Lloyds<br />

ications from 40 percent to 62' Chemists two weeks later. :<br />

per cent, and <strong>the</strong> number, of Next acquired Preedy for<br />

authorized shares from . ‘40 £21.4 million in April last<br />

million to.200: million. ; year, when Mr George Davies<br />

was still chairman arid,chief<br />

executive.<br />

In November, 21 stores<br />

were sold to WH Smith for<br />

prepared, Mr Collischon said £7.8 million. •<br />

that increases in marketing ; Preedy had been bought as<br />

and development costs will an add-on acquisition to Dil­<br />

“limit profit growth.” lons, <strong>the</strong> West Midlands and<br />

Home Counties newsagent ac­<br />

A typical first half at Filofax<br />

quired in June, 1987 for £28.5<br />

normally produces 30 per cent million.<br />

of annual sales and. one sixth<br />

Next became <strong>the</strong> third larg­<br />

of <strong>the</strong> profits.<br />

est confectionery; tobacco and<br />

Phillips & Drew forecasts a newsagents group in 'Britain,<br />

fall in profits to £2.3 million largely to find fresh outlets for<br />

for <strong>the</strong> who|e of 19.89, blaming mail order business after, <strong>the</strong>:<br />

a £1 million increase in takeover of Grattan,. <strong>the</strong> cat­<br />

advertising and development alogue group.<br />

spending in Britain.<br />

Tempus, page 26<br />

Ogilvy link would create world’s second largest advertising group<br />

W PP tiptoes round for bid support<br />

By Martin Waller<br />

utive officer, is unlikely to agree to an ap-<br />

Mr Martin Sorrell’s WPP Group is likely<br />

, proach whose only rationale would be an<br />

this week to continue its secretive visits eventual improvement V on its own<br />

to - institutipnal investors’ aimed at<br />

performance, and when a bid materi­<br />

winning support for an onslaught, on<br />

alizes, if it does, , Mr Sorrell will have to<br />

Ogilvy, <strong>the</strong> US group, which would<br />

go for. a knock-out blow.<br />

create <strong>the</strong> world’s second largest advert- Any takeover should <strong>the</strong>refore top <strong>the</strong><br />

ising and communications company. $566 million price paid, for J Walter<br />

Neitlier Mr Sorrell nor his. advisers Thompson in 1987, which catapaulted<br />

would comment about <strong>the</strong> bid this Mr Sorrejl into <strong>the</strong> big league. ; ■<br />

weekend, although Mr Sorrell has in-i _ There were- signs , last week that<br />

dicated <strong>the</strong> attraction of Ogilvy and its ihstitutioris might have doubts about<br />

advertising agency, Ogilvy & Ma<strong>the</strong>r. whe<strong>the</strong>r <strong>the</strong>y would support ano<strong>the</strong>r<br />

Mr Sorrell is'thought to be extremely' ’ large issue of paper in <strong>the</strong> agency sector,.<br />

upset; at <strong>the</strong> media focus on his plans, given <strong>the</strong> large amounts of Saatchi &<br />

which he believes makes <strong>the</strong>m less likely Saatchi equity that have hit <strong>the</strong> market.<br />

to;' succeed; He is thought to be<br />

particularly’concerned at reports that he.<br />

may have to pay up to $50 (£29) a share<br />

for Ogilvy, which has inevitably pushed<br />

up Wall Street expectations. .<br />

The Ogilvy management, led by Mr<br />

Ken Roman, chairman and chief exec­<br />

But a possible merger with bgilvy has<br />

met favour with analysts, assuming<br />

•reasonably-structured debt-equity . financing,<br />

not least because of <strong>the</strong> impressive<br />

and proven management skills<br />

of Mr Sorrell.<br />

Mr Chris Akers, an analyst at Citicorp<br />

’X’\:<br />

Scrimgeour Vickers, <strong>the</strong> broker, has<br />

made a detailed hypo<strong>the</strong>tical study of <strong>the</strong><br />

effects of a merger which suggests it<br />

would make “compelling business<br />

logic.” H e. dismisses suggestions that<br />

<strong>the</strong>re might be enormous .client conflict<br />

which would lead to lost business.<br />

“The beauty of such a deal, were it to<br />

take place, is <strong>the</strong> client consolidation,”<br />

he concludes — for example Ford, JWT’s<br />

largest single client worth $400 million<br />

in billings a year, is also worth about<br />

$150 million annually to Ogilvy.<br />

A successful acquisition, says Mr Akers,<br />

would create <strong>the</strong> world’s second Iar-.<br />

gest advertising land: communications<br />

empire, top in Latin. America and Asia<br />

Pacific, and second in Europe : and<br />

America. A combined group would be<br />

first in. public relations “by a significant<br />

margin” as well as in direct marketing; In'<br />

market research and sales promotion; it<br />

would be iri <strong>the</strong> top three worldwide.<br />

' A ■'<br />

Coffee prieeis ‘niay fall’<br />

Coffee prices could fall as a*<br />

result of divisions between,<br />

leading producers, and consumers<br />

over <strong>the</strong> future of ari iri-<br />

terriational price support agreement,<br />

coffee analysts said:<br />

Talks ended without agree-<br />

merit in London this weekend.<br />

Negotiators must now reach a<br />

compromise, or <strong>the</strong>re will be a<br />

<strong>the</strong> pact expires. “Prices will<br />

collapse and <strong>the</strong>re’ll be a<br />

bloodbath as producers fight<br />

for market share;” an . analyst<br />

: said.<br />

• The two sides are split on<br />

how to stop producers:dumping<br />

coffee at cheap prices in<br />

countries outside <strong>the</strong> 74-nat-<br />

ion agreement, which, sup-<br />

free-for-all in <strong>the</strong> oversupplied , ports <strong>the</strong> . market through<br />

market from September when export quotas. '<br />

i: l i t<br />

April 1 saw sales improve at <strong>the</strong> 22<br />

department stores • of <strong>the</strong> John<br />

Lewis Partnership, as <strong>the</strong> school,<br />

/ holidays boosted <strong>the</strong> turnover of1<br />

. children’s wear, and <strong>the</strong> warm<br />

‘ wea<strong>the</strong>r gave an impetus to wpm-<br />

en’s fashions.<br />

Sales increased in value by i 0 per<br />

,cent during <strong>the</strong> week, compared<br />

with <strong>the</strong> same week last year. . ^<br />

In <strong>the</strong> following week, to April 8,<br />

<strong>the</strong> growth rate improved even<br />

.^ore, rising to 14 6. per cent.<br />

In <strong>the</strong> 10 weeks to April 8 <strong>the</strong><br />

John Lewis stores have seen a 10.2<br />

per cent increase in sales by value.<br />

This implies a volume increase of<br />

at least 5 per cent.<br />

Vauxhall’s<br />

top £100m<br />

By Kevin Eason<br />

Motoring Correspondent<br />

Vauxhall, <strong>the</strong> car manufacturer,<br />

will report a radical<br />

change of fortune this week by<br />

announcing profits of more<br />

than £ 100 million for last year.<br />

The company — with plants<br />

at Luton and Ellesmere Port,<br />

Cheshire — was losing as much<br />

as £2 million a week three<br />

years ago as it struggled to<br />

rebuild its model range and its<br />

reputation^ in <strong>the</strong> British<br />

market. '<br />

However, on Wednesday<br />

'Vauxhall executives .will. report<br />

a huge turnround with<br />

1988 pre-tax profits trebled<br />

over 1987. [The'company is<br />

also stepping up shifts and<br />

recruiting at both main manufacturing<br />

plants to keep up<br />

with demand for its range of<br />

cars, three of which — <strong>the</strong><br />

Cavalier, Nova and Astra —<br />

regularly appear in <strong>the</strong> top 10<br />

of. Britain’s new car /sales<br />

league. .<br />

Vauxhall, like its competitors,<br />

has been able to share in<br />

<strong>the</strong> rich pickings, of a record<br />

British'car market, which last<br />

year: topped <strong>the</strong> 2.22' million.<br />

markfor.<strong>the</strong>;first-.time."R6yer;;.<br />

'annpunM'd’jprq^<br />

‘..lion, oniy.-i few'weeks/agoX. V /<br />

^ ,,:Although'Vauxhall hasbeerT<br />

unable-'tp ■ increase hs market<br />

share of.between 13 and 14 per<br />

cent, it sold a record 303,565<br />

cars in 1988. Its profits of £31<br />

million in 1987 were <strong>the</strong> first<br />

for a decade and confirmation<br />

that Vauxhall was over <strong>the</strong><br />

worst years of a recession in<br />

which it had struggled in its<br />

battle with Ford and Rover for<br />

sales.<br />

Now <strong>the</strong> battle is to produce<br />

enough cars to meet demand.<br />

. However, Mr Paul - Tosch,.<br />

VauxhaU’s managing director,<br />

will be asked, on Wednesday<br />

why his company is still<br />

importing 50 per cent of its<br />

range.<br />

The treatment begins at GsrtWicki<br />

new business class to Eurbpe.<br />

When business takes<br />

I’you to, Lisbon, take<br />

Class Elite, Dan-Air’s<br />

From Monday to Friday, you can leave<br />

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leave at 13.30, arriving at 16.10..<br />

Your Class Elite reservation gives you<br />

you an exclusive check-iri, a private lounge<br />

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To get your Class Elite Business Pack<br />

phone 0293 772719.<br />

■ And join <strong>the</strong> Elite at'Gatwick.<br />

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The secret is service.


26<br />

Where America leads, Europe<br />

usually follows. If <strong>the</strong> old<br />

adage holds good for <strong>the</strong> car.<br />

rental business, <strong>the</strong>n Avis<br />

Europe is a stock for 1992 and<br />

beyond.<br />

At present, <strong>the</strong> business on<br />

this side of <strong>the</strong> Atlantic is<br />

fragmented. The four largest-<br />

companies haye only 50 per.<br />

cent of <strong>the</strong> market. In <strong>the</strong>, US<br />

<strong>the</strong> quartet of leaders accounts<br />

for no less than. 85 per cent of;<br />

<strong>the</strong> sector.<br />

Industry, sources expect <strong>the</strong><br />

big four in Europe to bring<br />

<strong>the</strong>ir slice of <strong>the</strong> market up a<br />

fur<strong>the</strong>r 10 percentage points to<br />

60 per cent by <strong>the</strong> time <strong>the</strong><br />

unified market dawns. That<br />

should mean a substantial<br />

boost for Avis’s present 14 per<br />

cent share. -<br />

Analysts have been raising<br />

<strong>the</strong>ir expectations after last<br />

week’s figures.,The more <strong>the</strong>y<br />

look <strong>the</strong> more <strong>the</strong>y seem to<br />

find. On <strong>the</strong> rental side, where<br />

Avis" has a fleet of: 76,000<br />

vehicles operating from 1,800<br />

locations across Europe, rental<br />

volume grew 19 per cent last<br />

year. The: margin improvement<br />

from 14.2 per cent to<br />

17.2 per cent is seen as fur<strong>the</strong>r<br />

proof that <strong>the</strong> management is<br />

worth backing. The long-term<br />

ambition here is to open an<br />

outlet in every European town<br />

with a population greater than<br />

50,000.<br />

The second leg to <strong>the</strong> group,<br />

fleet leasing and contract hire,<br />

is a ls o underdeveloped in<br />

Europe compared with <strong>the</strong><br />

US, and concentrated mainly<br />

in Britain, France and Belgium.<br />

Avis sees excellent<br />

scope for expansion, especially<br />

in Italy and West<br />

Germany. The record of last<br />

year seems’ to bear'that out,<br />

with organic growth of almost<br />

a quarter.<br />

Vehicle dealerships appear<br />

a sideshow even jhough <strong>the</strong>y<br />

produced a healthy £1 million.<br />

rise to £5.5 million profit last<br />

year. In <strong>the</strong> context of a total<br />

£72 million group profit and<br />

with little likelihood of a push<br />

to expand across <strong>the</strong> Channel,<br />

Avis’s future lies with its o<strong>the</strong>r<br />

two main operations.<br />

As with most leasing companies,<br />

gearing is high at about<br />

400 per cent. But interest<br />

cover of 3.2 times suggests<br />

that <strong>the</strong>re is little problem in<br />

financing future growth.<br />

■Since <strong>the</strong>ir-debut-in late<br />

1986 Avis shares' have left <strong>the</strong>'<br />

FT-SE 100 index in <strong>the</strong> rear<br />

to<br />

Dresdner Bank of West Germany<br />

said it wants to build a<br />

defence against hostile takeover<br />

attempts by limiting <strong>the</strong><br />

voting rights granted to individual<br />

shareholders.<br />

Herr Wolfgang . Roeller,<br />

Dresdner management board<br />

chairman, said <strong>the</strong> bank<br />

would limit voting rights to 10<br />

per cent per shareholder, irrespective<br />

of <strong>the</strong> stake-holding.<br />

However, Herr Roeller said'<br />

<strong>the</strong> measure would only take<br />

BUSINESS AND FINANCE<br />

C TEMPUS<br />

E u r o p e s e t t o<br />

NEXT<br />

SHARE<br />

PRICE<br />

Under current legislation Friendly<br />

Societies are allowed ta invest monies, an<br />

your behalf, FREE OF ALL TAX. .-,■<br />

Because <strong>the</strong>.L9 ncashire.8 1 Yorkshire<br />

W J *<br />

.> ........<br />

I ^ ^<br />

Next shares not for selling: George Davies, who left <strong>the</strong> retail chain last year<br />

SMiSffi&s Relative to!<br />

FTA Index'<br />

fund is exempt from tax, anyone between<br />

1 8 an d .7 0 sav in g am ax im u m af£ 9 a 1<br />

month ar £ 1 0 0 ayear, ar a lump sum af ,<br />

£791 with Lancashire & Yorkshire,' can<br />

receive <strong>the</strong> benefits af paying N O income<br />

tax and N O capital gains tax an <strong>the</strong>ir<br />

investment. As a result, your returns are .<br />

substantially iricreosed. You will olso receive<br />

life cover with no medical examination.<br />

Lancashire & Yorkshire is one of <strong>the</strong><br />

largest Friendly Societies and has is excess<br />

of £ 4 0 milliop under management on<br />

behalf of over 50,000 investors.<br />

THE TAX FREE PLAN<br />

.1984 .1985 1986 1987 1988,1989<br />

view mirror, , rising well over<br />

50 per cent against a: market<br />

gain of little more than 20 per<br />

cent.<br />

At 375p, <strong>the</strong>y sell for 11.4<br />

times earnings, according to<br />

forecasters at County Natwest<br />

WoodMac and Smith New<br />

Court. Well worth tucking<br />

away. ', ■<br />

Quadrant<br />

It is'a peculiar misfortune of<br />

fast-track, fast-growth mini-<br />

conglomerates that if <strong>the</strong>ir<br />

appetite for corporate acquisitions<br />

slackens, <strong>the</strong> market<br />

is- inclined to , forget <strong>the</strong>y<br />

■ exist* \ j<br />

• - Quadrant Group’s1 dash for<br />

"growtK. came to a pause last<br />

November with a.£22 million<br />

Investment with Lancashire &<br />

Yorkshire's TAX FREE PLAN is on our Unit .<br />

Builder Fund which is one.of <strong>the</strong> highest<br />

performing Friendly Society Unit-Linked<br />

funds open to n e w investment over <strong>the</strong> last<br />

three years. (Source: "Money Management"<br />

3 yr fund performance tables). However<br />

unit prices can fall as well as rise, and past<br />

By Our City Staff:,,<br />

effect if <strong>the</strong>re were signs that<br />

an individual shareholder<br />

controlled, or was about to<br />

gain control of, more than 10<br />

per cent of <strong>the</strong> company’s<br />

shares. Shareholders will be<br />

asked to approve <strong>the</strong> measure<br />

at Dresdrier’s annual meeting<br />

on May 26.<br />

Limiting <strong>the</strong> number of<br />

voting rights is a fairly standard<br />

practice in West Germany.<br />

Many firms introduced<br />

such clauses during <strong>the</strong> 1970s,<br />

.. t<br />

Holding Next shares was proving<br />

a severe pain in <strong>the</strong> wallet<br />

even before Mr George Davies,<br />

<strong>the</strong> retail chain's leading<br />

light, left last year. They<br />

slumped from a pre-crash high<br />

of 370p to 170p just before his<br />

departure and plunged fur<strong>the</strong>r<br />

to 125p when <strong>the</strong> boardroom<br />

dispute ■ surfaced. But <strong>the</strong>y<br />

have re-traced most of that<br />

and, despite a grim profits fall<br />

last week, perked up 6p on<br />

Friday to close at 152p.<br />

Could it be that bears such<br />

as WI Carr, <strong>the</strong> broker, which<br />

urged a sell at 144p after <strong>the</strong><br />

profits news, are losing <strong>the</strong><br />

battle with those who say that<br />

cash call and three fur<strong>the</strong>r<br />

acquisitions. The rights isslie<br />

price was 215p; by. <strong>the</strong> start of<br />

this year <strong>the</strong> shares were<br />

becalmed; at 220p, and <strong>the</strong>y,<br />

have since missed out on <strong>the</strong><br />

15 per cent rise in <strong>the</strong> FTSE<br />

100, closing at 224p on Friday.<br />

On this basis <strong>the</strong> former<br />

Sangers Photographic, built<br />

up by Mr Jeremy . Peace, <strong>the</strong><br />

youthful former stockbroker,<br />

starts to look lfke good longterm<br />

value, given earnings per<br />

.share growth in <strong>the</strong> current<br />

financial year and <strong>the</strong> next<br />

whicli is unlikely to drop<br />

much below 25 per cent.<br />

' The market’s caution is not<br />

to foil1 Arab takeover bids at<br />

<strong>the</strong> height of <strong>the</strong> oil price<br />

boom..:■<br />

Companies with limited<br />

voting rights include Bayer,<br />

<strong>the</strong> chemicals group, Deutsche<br />

Bank and Continental, <strong>the</strong><br />

tyre manufacturer.<br />

Earlier, Dresdner Bank announced<br />

that group partial<br />

operating profit haid risen to<br />

DM1.6 billion (£503 million)<br />

in 1988, from DM1:53 billion<br />

previously.<br />

' The Plan, a minimum tenryear whole .<br />

of life tax-exempt policy, is limited by <strong>the</strong><br />

Revenue to ONE per adult so make-sure you<br />

have your TAX-FREE entitlement, contact us<br />

free, by telephoning anytime or fill out <strong>the</strong><br />

performance is not necessarily a guide to . coupon COupon today and ana post posi it ir ■ i. ij - j r i<br />

future growth. .. . without charge. fv O ln r<br />

PHONE FREE<br />

NOW<br />

0 8 0 0<br />

OR ASK THE OPERATOR FOR<br />

FREEPHONE<br />

5 0 9 3<br />

TODAY<br />

~ ~ O lf F R E E P O S T T O D A Y<br />

: LANCASHIRE&YORKSHIRE,<br />

FREEPOST, ROTHERHAM S60 2BR<br />

Name—-<br />

Address<br />

N o stamp is required.'.No salesman.will call.<br />

__________________________________ _ Postcode .<br />

I<br />

Lancashire & Yo r k shire |<br />

ASSURANCE SOCIETY Amemberof laUTKuJ<br />

THE TIMES MONDAY APRIL 17 1989<br />

Next shares are in <strong>the</strong> basement,)<br />

if not yet especially<br />

bargain priced?<br />

A prospective yield of almost<br />

7 per cent and a 125p asset<br />

value, given some disposals,<br />

are powerful props to any<br />

bombed-out stock. The new<br />

management has swept: <strong>the</strong><br />

stockroom clean with writeoffs<br />

and o<strong>the</strong>r prudent housekeeping.<br />

This should ensure a<br />

bounce in profits even if trading<br />

prospects reinain subdued.<br />

Burton group,. like Next,<br />

once had its traumas. Afterwards,<br />

Burton shares paid off<br />

handsomely. At <strong>the</strong>se prices,<br />

Next . is not for selling.<br />

businesses look exposed to an<br />

economic slow-down. Quadrant<br />

supplies estate agents<br />

with photographs while distributing<br />

photographic products<br />

to retailers.<br />

Although <strong>the</strong> , tw o' photographic<br />

operations continue to<br />

\ supply <strong>the</strong> lion’s share of<br />

profits, its fast-growing business<br />

supplying airtime on <strong>the</strong><br />

Cellnet and Vodafone networks<br />

looks <strong>the</strong> key to <strong>the</strong><br />

future. It is <strong>the</strong> 12th largest<br />

service provider by subscriber<br />

numbers in <strong>the</strong> country,- and<br />

<strong>the</strong> sixth largest for Vodafone<br />

alone.<br />

Quadrant retains £10 million<br />

in <strong>the</strong> ‘bank from '<strong>the</strong><br />

rights and' caif afford to be<br />

selective about acquisitions.<br />

RTZ, which announced in<br />

early January that it was<br />

prepared to buy BP Minerals’<br />

world-wide mining assets for<br />

$4.32 billion (£2.5 billion), is<br />

still involved in its preliminary<br />

investigations, <strong>the</strong> group<br />

said yesterday.<br />

There is no indication of<br />

when <strong>the</strong> study, which covers<br />

extensive mining interests<br />

across <strong>the</strong> world, and involves<br />

complex pre-emptive rights<br />

issues, will be completed.<br />

Stock market circles had expected<br />

an RTZ statement by<br />

early April.<br />

The “due diligence” and<br />

investigation of assets to be<br />

purchased — which range from<br />

<strong>the</strong> copper/gold Bingham<br />

Canyon deposit in <strong>the</strong> United<br />

States, to <strong>the</strong> uranium/copper/gold<br />

Olympic<br />

Dam project in Western<br />

Australia - was scheduled,<br />

under an internal RTZ time-<br />

I<br />

I<br />

I<br />

I<br />

\<br />

I<br />

By Our Gity Staff<br />

Concern is growing about <strong>the</strong><br />

boom in foreign currency<br />

mortgages as hard-pressed<br />

home buyers switch to cheaper<br />

forms of financing.<br />

Interest rates on mark or<br />

Swiss franc loans are roughly<br />

half those on conventional<br />

mortgages and are especially<br />

attractive to first-time buyers<br />

caught out by last year’s severe<br />

rise in interest rates.<br />

“These are not mortgages<br />

for <strong>the</strong> novice,” said Mr Jeff<br />

Wagland, of <strong>the</strong> Nationwide<br />

Anglia Building Society.<br />

“Unless borrowers are sophisticated<br />

<strong>the</strong>y could find,<br />

<strong>the</strong>mselves coming seriously ,<br />

unstuck.<br />

. “People may be attracted by<br />

<strong>the</strong> much lower cost of foreign<br />

currency borrowing, but unless<br />

<strong>the</strong>y happen to be foreign<br />

exchange dealers <strong>the</strong>y will find<br />

it difficult to understand <strong>the</strong><br />

risks involved.”<br />

The risks arise from <strong>the</strong><br />

normal fluctuations of-foreign<br />

exchange markets which mean<br />

that <strong>the</strong> foreign capital borrowed<br />

at low interest rates<br />

may increase sharply in sterling<br />

terms. Unlucky homeowners<br />

could find that- even<br />

though <strong>the</strong>y meet <strong>the</strong>ir repayments<br />

regularly, <strong>the</strong> amounts<br />

<strong>the</strong>y owe may be rising instead<br />

of falling.<br />

The favourite “hard” cur-<br />

Preliminary figures for <strong>the</strong><br />

year to end-February are due<br />

in <strong>the</strong> week beginning May .8,<br />

a n d should show a pre-tax<br />

advance from £2.17:million to<br />

£4.3 million.<br />

But it is in <strong>the</strong> current<br />

financial year that progress<br />

from <strong>the</strong> communications<br />

side should be seen, earnings<br />

coming from virtually nothing<br />

in 1987-88 to £2.75.million.<br />

With photographic chipping<br />

in £3.8 million, <strong>the</strong> company<br />

is on course for perhaps ,£8.5<br />

million pre-tax, putting it on a<br />

prospective; , multiple of 12.<br />

Fur<strong>the</strong>r equity issues can be<br />

ruled out at <strong>the</strong> shares’ current<br />

low level, and <strong>the</strong> shares could<br />

start to advance again once <strong>the</strong><br />

figures are announced.<br />

Whim Creek<br />

London . shareholders in<br />

Whim Creek, <strong>the</strong> Australian<br />

gold mining company (one of<br />

: The Times five mining shares<br />

for 1989), can safely sit on<br />

<strong>the</strong>ir hands and make Dominion<br />

. Mining sweat ahead of<br />

tomorrow’s closing date of its<br />

bid.<br />

Dominion has offered takeover<br />

terms of nine-for-five for<br />

a company which currently<br />

produces twice as much gold<br />

as. <strong>the</strong> bidder, but on terms<br />

which are variously dismissed<br />

as being nei<strong>the</strong>r, fair nor<br />

reasonable.<br />

Dominion, which is a<br />

promising investment situation<br />

in its own right, currently<br />

holds 28.8 per cent of Whim<br />

Creek and — in private — both<br />

managements admit a regard<br />

for each o<strong>the</strong>r.<br />

An independent report by<br />

Rothschild Australia concludes<br />

<strong>the</strong> worth offered to<br />

Whim Creek is A$1.50 a<br />

Whim Creek share - equivalent<br />

to a 26 per cent discount.<br />

For its side Dominion ar­<br />

gues that <strong>the</strong> combined company<br />

would have a. gold<br />

production of 350,000 ozs in<br />

1990 rising to 400,000 ozs in<br />

1991, which would put <strong>the</strong> two<br />

companies toge<strong>the</strong>r in aworld<br />

class comparable with BHP<br />

Gold or Newmont Australia.<br />

However, if Dominion<br />

wishes to expand along <strong>the</strong><br />

Whim Creek path <strong>the</strong>n it must<br />

be prepared to raise its bid -r<br />

and London shareholders can<br />

best demonstrate that message<br />

•by sitting tight. Ano<strong>the</strong>r■ bidder<br />

may well come along later.<br />

By Colin Campbell<br />

table, to have been completed<br />

by April ,1.<br />

While RTZ is still expected'<br />

to go ahead with its deal to buy<br />

BP Minerals, <strong>the</strong> overall package<br />

first put up for sale in<br />

January has yet to be fully<br />

defined.<br />

The question of preemptive<br />

rights held by current<br />

fellow partners with BP Minerals<br />

has yet to be resolved.<br />

The most notable of <strong>the</strong>se<br />

rights is at <strong>the</strong> Olympic Dani<br />

project in Australia, in' which<br />

Western Mining holds a 51 per<br />

cent stake.<br />

Under <strong>the</strong> joint venture<br />

agreement with BP Minerals,<br />

Western Mining has first right<br />

to buy BP Minerals’ 49 per.<br />

cent stake in Olympic Dam.<br />

A decision by Western Mining<br />

on whe<strong>the</strong>r it wishes to<br />

exercise <strong>the</strong> right has yet to be<br />

made.<br />

There is also some un­<br />

Many gilt market<br />

participants must<br />

be wondering why<br />

<strong>the</strong> Chancellor is so reluctant<br />

to raise base rates to 14 per<br />

cent, given <strong>the</strong>:, pronounced'<br />

deterioration in <strong>the</strong> inflation<br />

outlook and <strong>the</strong> failure of <strong>the</strong><br />

current account deficit to<br />

narrow significantly.<br />

Evidence of a real economic<br />

slowdown is emerging<br />

in both M0 (down 1.7 per<br />

ceiit in <strong>the</strong> past three months<br />

annualized) , arid; retail sales<br />

(virtually static in <strong>the</strong> past<br />

three months). In fact, real<br />

growth in M0 has been<br />

■ negative in this period.<br />

One obvious policy switch<br />

.has been <strong>the</strong> Chancellor’s increased<br />

emphasis on M0,<br />

whereas in <strong>the</strong> first half of ,<br />

1988 he favoured stabilizing<br />

<strong>the</strong> nominal exchange rate.<br />

But although M0 growth has<br />

slowed, sterling’s depreciation<br />

in <strong>the</strong> first quarter of<br />

1989 is giving different monetary<br />

signals; <strong>the</strong> trade index<br />

has fallen by 2.7. per cent<br />

since <strong>the</strong> beginning of 1989<br />

— hardly evidence of a firm<br />

exchange rate policy.<br />

Nor is <strong>the</strong>re convincing<br />

evidence of broad money<br />

growth slowing rapidly; despite<br />

falling personal lending,<br />

corporate borrowing remains<br />

buoyant. Evidence<br />

from <strong>the</strong> housing market is<br />

alsoambiguous. House price<br />

inflation, is rising at a national<br />

rate of 31, per cent a<br />

year and <strong>the</strong> deceleration in<br />

<strong>the</strong> South-east is offset by 50<br />

per cent rises in some nor<strong>the</strong>rn<br />

regions.<br />

Comparison with previous<br />

cyclical downturns<br />

show that substantial falls in.<br />

real as opposed to nominal<br />

house prices were often asso- 1<br />

ciated with monetary, tightening<br />

(real house prices fell<br />

by about 10 per cent in 1973-<br />

74 and 1980-81). This suggests<br />

<strong>the</strong> monetary stance required<br />

to secure a sustainable<br />

and significant drop in<br />

core inflation implies a fur<strong>the</strong>r<br />

increase in base rates<br />

and that <strong>the</strong> authorities’<br />

fears of monetary overkill<br />

are misguided.<br />

The monetary rule of<br />

thumb <strong>the</strong> Treasury was supposed<br />

to be using in <strong>the</strong> first<br />

thalf of 1988 equated <strong>the</strong><br />

monetary impact on <strong>the</strong><br />

economy of a 4 per cent<br />

sterling movement in <strong>the</strong><br />

trade weighted index (TWI)<br />

with a 1 per cent change in<br />

baserates:.onthis,basis,<strong>the</strong><br />

TWI slippage of 2;7 per cent<br />

certainty over o<strong>the</strong>r .preemptive<br />

rights agreements,<br />

notably those concerning <strong>the</strong><br />

promising Lihir Island gold<br />

project in Papua New Guinea,<br />

in which BP Minerals holds 80<br />

percent. , ., ;<br />

The balance in <strong>the</strong> Lihir<br />

project is held by Australia-<br />

quoted Niugini Mining. The<br />

Niugini directors flew to<br />

London last month to tackle<br />

directly <strong>the</strong> heads of RTZ and.<br />

BP Minerals over what <strong>the</strong>y<br />

believe to be Niugini’s right to<br />

increase it stake in <strong>the</strong> Lihir<br />

project.<br />

Lihir is potentially one of<br />

<strong>the</strong> largest, and richest, gold<br />

mining projects outside South<br />

Africa.<br />

RTZ is understood to have<br />

a “ relaxed” attitude to<br />

Niugini’s claims, and believes<br />

that under current arrangements<br />

RTZ'will retain <strong>the</strong><br />

: lion’s share of Lihir.<br />

( GILT-EDGED )<br />

to<br />

so far this year should be<br />

offset by a rise of a least 0.5<br />

per cent in base rates.<br />

Fur<strong>the</strong>rmore, simulations<br />

on <strong>the</strong> Treasury model show<br />

that a slippage of 5 per cent ,<br />

in <strong>the</strong> sterling TWI (if sustained)<br />

adds 3 per cent to<br />

retail price inflation over<br />

three years.<br />

Slippage in <strong>the</strong> monetary<br />

stance has occurred when<br />

cost-push pressures have increased<br />

in <strong>the</strong> labour and ;<br />

energy markets. Average<br />

earnings growth of 9.25 per<br />

cent, a sharp acceleration in<br />

<strong>the</strong> growth of unit labour<br />

costs (up 3.4 per cent econ-<br />

omy-wide. in <strong>the</strong> year to<br />

1988, fourth quarter) and :<br />

Exchange rates can exceed saving on mortgages<br />

The soaring value of a<br />

eiOiOOO mark mortgage<br />

£<br />

40.000<br />

35.000<br />

30.000<br />

25.000<br />

20.000<br />

15,000<br />

r 10,000<br />

1:1 t.:, r., ■ , | I M l.l|ia KI.RU. 5,000<br />

1964 65, 67 69 71 73 75 ’ 77' 79 8 1 ' 83 85 87 89<br />

rencies mainly used for this<br />

growing form of mortgage<br />

lending are <strong>the</strong> yen, Swiss<br />

franc and mark. In <strong>the</strong> long<br />

run <strong>the</strong>se low interest rate<br />

currencies have appreciated<br />

strongly against <strong>the</strong> pound.,<br />

A loan of £10,000 taken out<br />

in marks 25 years ago would<br />

now amount to more than.<br />

£34,500 due to <strong>the</strong> relative<br />

weakness of sterling 'over <strong>the</strong><br />

period.<br />

John Charcol, a leading firm<br />

in this business, has arranged<br />

advances . of more than £70<br />

million in currency loans since<br />

last year and says it has turned<br />

down thousands of applicants<br />

as unsuitable.<br />

“We prefer to do business<br />

with people who are financially<br />

aware and,understand<br />

<strong>the</strong> risks <strong>the</strong>y are taking on<br />

t .<br />

board,” said Mr Ian Darby,<br />

<strong>the</strong> marketing director.<br />

“The kind of person we<br />

favour might be a dealer in <strong>the</strong><br />

market who is watching curre<br />

n c y movements in <strong>the</strong><br />

course of his work.”<br />

The boom in foreign currency<br />

lending has been ignored<br />

by <strong>the</strong> leading high<br />

street banks, fearful of bad<br />

publicity which might arise if<br />

unsophisticated borrowers are<br />

caught out by. exchange<br />

fluctuations.<br />

Charcol is offering loans at<br />

rates which look like bargains<br />

to most British home buyers.<br />

Yen-based mortgages cost about<br />

6.75 per cent while mark<br />

a n d Swiss franc loans are<br />

available at l xh per cent.<br />

Dutch guilders can be borrowed<br />

at-10 per cent while dollar<br />

tion in National Insurance<br />

contributions — from October<br />

1989 - also appears to be<br />

a safety net in <strong>the</strong> event o f a<br />

hard, or crash, landing for<br />

domestic demand.- But <strong>the</strong><br />

Treasury’s published, fore-:<br />

cast does not square with <strong>the</strong>'<br />

model-based forecast on ei<strong>the</strong>r<br />

<strong>the</strong> current account<br />

• (where we find Micawberish :<br />

optimism in <strong>the</strong> published<br />

forecast) or <strong>the</strong> PSDR ■<br />

(where we find Scrooge-like<br />

pessimism).<br />

he current account<br />

and PSDR; forecasts'<br />

may have been subject ■<br />

to greater judgemental influence<br />

than usual in <strong>the</strong> .Bud^-<br />

' get forecast. Using main--:<br />

rising pay settlements sug­ stream assumptions’ on ingest<br />

<strong>the</strong> labour market re­ terest rates and unchanged<br />

mains <strong>the</strong> Achilles’ heel of exchanges, we found it easy<br />

counter-inflation strategy. to generate rising current ac-!<br />

Declining labour force count deficits over <strong>the</strong> medgrowth<br />

over <strong>the</strong> medium: . iiim term on <strong>the</strong>'Treasury ;<br />

term and evidence that trade model between £16 billion; |<br />

unions still have a utility and £20 billion for 1990-91.<br />

function in which real -wage Conversely; <strong>the</strong> PSDR.<br />

gains are favoured relative to numbers show, an increasing<br />

employment, suggest that trend from <strong>the</strong> likely 1988-;<br />

upward pressure on real 89 result ofabout £15 bilwages<br />

will persist^ despite lionj whereas <strong>the</strong> ChanMllor,<br />

<strong>the</strong> contraction in real eco­ is projecting <strong>the</strong>m falling<br />

nomic growth. It is also not sharply from £14 billion ip<br />

clear that an increase in 1989-90 to. £3 billion in<br />

unemployment, likely in 1992-93, accompanied by.<br />

1989-90, will restrain real fiscal, adjustments, amount­<br />

wages, given ihese-factorS. ing to only £6 billion. ; .<br />

Apart from <strong>the</strong> Chancel­ What does this mean for<br />

lor’s pro-growth bias and gilts in 1989? The reluctant<br />

poor inflation record, his re­ and gradualist monetary,,<br />

luctance to raise short inter­ stance may prolong <strong>the</strong> perest<br />

rates.again may reflect iod of 13 per cent base rates ,<br />

<strong>the</strong> increased interest-rate because <strong>the</strong> Chancellor, insensitivity<br />

of real economic ,'sists on trying to fine-tune<br />

growth in <strong>the</strong> Treasury’s new monetary policy when'stern-;,<br />

“slim” model; a 1 per cent ©r measures are requiredtoincrease<br />

in rates reduces real lower inflation expectations.<br />

growth by. 1 per cent after Since we expect <strong>the</strong> current:<br />

four quarters.<br />

account deficit to widen to at<br />

But it would seem sen­ least £18 billion in 1989, an<br />

sible for <strong>the</strong> Chan­ increased interest rate precellor<br />

to squeeze real mium will probably be regrowth<br />

and inflation aggres­ quired to preserve a stable |<br />

sively at this stage to drive exchange rate, let alone to<br />

<strong>the</strong> economy on to a lower permit appreciation.<br />

inflation and real growth This makes <strong>the</strong> short end<br />

plane in 1990. This would still vulnerable to fur<strong>the</strong>r in­<br />

give him a base from which creases in both international<br />

to expand <strong>the</strong> economy for and even British short rates,<br />

an election in 1991.<br />

particularly as' global infla- .<br />

The Chancellor’s Budget tion has yet to peak. Interest<br />

forecast reflects <strong>the</strong> belief rate peaks often follow' out-| T I<br />

that 13 per cent base rates put peaks by some months;; 1<br />

are sufficient to slow infla- thus <strong>the</strong> traditional adverse,'_;<br />

tion to 5.5 per cent in <strong>the</strong> seasonal pattern in gilt yields<br />

fourth quarter of 1989, to from April to September . I<br />

reduce <strong>the</strong> current account may well be repeated in 1989 ;I<br />

deficit to £12 billion an­ before better buying op^ 1<br />

nualized in. <strong>the</strong> first half of portunities emerge. :<br />

1990 and cut domestic de­ Robin Marshall ana<br />

mand growth to 1.5 per cent Neil MacKinnon<br />

in <strong>the</strong> same period. - v<br />

The timing of <strong>the</strong> reduc­ C h ^ e l h v ^ m e n t B a n k " :<br />

Shorts in<br />

avert strike aetilWi<br />

By Robert Rodwell<br />

Contacts between manage- „ past two years.,. Shorts lost<br />

ment and unions were contin­ £142 millibn in 1987-88; as ‘<br />

uing over <strong>the</strong> weekend in <strong>the</strong> government accountants'<br />

hope of averting an indefinite cleared' <strong>the</strong> financialdecks,<br />

strike by 3,500 manual work­ involving both accumulated<br />

ers being DClllg called tailCU today at Short<br />

and anticipated losses; -in<br />

1 _ •_..A<br />

UJW4JT<br />

_ __ .J<br />

WIV"*?** : - — * U A 'p n 10 1- V;m<br />

Bro<strong>the</strong>rs’ aircraft and missile preparation for <strong>the</strong> sale;<br />

factories in Belfast. One-day strikes- <strong>the</strong> larg-<br />

An all-out stoppage could est last Friday.- have im- ,,,<br />

threaten <strong>the</strong> chances of <strong>the</strong> peded production“ at'-j<br />

state-owned company being normal work<br />

sold successfully to one of two plant is not possible, Shorts .<br />

potential bidders. Bombard- says. It has virtually.suspenier,<br />

<strong>the</strong> Canadian transport ded production ° r its .own<br />

equipment,group, « ( , . « » “ I S<br />

sortium of GEC and Fokker,<br />

<strong>the</strong> Dutch aerospace com­ structure work, and limit <strong>the</strong>;■_.<br />

pany, are finalizing <strong>the</strong>ir res­ effect on big airframe'compopective<br />

bid proposals, due at nent contracts for Boeing and<br />

<strong>the</strong> Nor<strong>the</strong>rn Ireland Office, Fokker. The workers being<br />

and its financial adviser, laid off are those who, cannot,<br />

Kleinwort Benson, by April be transferred. Protective no­<br />

30, in time for <strong>the</strong> sale to be tice has also been issued to .<br />

concluded in June.<br />

about 500 staff.<br />

Staff Man at ax Shorts, oiioiu»s Ulster’s uiaici o lar- Shop stewards advised . » all<br />

gest manufacturing employer 3,500 manual workers to-rewith<br />

17,700 workers, say <strong>the</strong>y port normally today, to enable<br />

have had no increases in <strong>the</strong> <strong>the</strong>m to seek fur<strong>the</strong>r talks.<br />

loans are on offer at 12,per<br />

cent. These rates vary from<br />

day to day. Most building<br />

society rates are 13.5 per cent.<br />

Some lenders offer hedging<br />

facilities to minimize <strong>the</strong> effect<br />

of moving exchange rates<br />

but <strong>the</strong>se are often expensive<br />

and offer only partial protection<br />

for borrowers.<br />

“In our experience <strong>the</strong> three<br />

possible hedging contracts,<br />

forward covering, futures contracts<br />

and options are all<br />

counter-productive,” said Mr<br />

Michael Petley, who heads<br />

Petley and Co, a private client<br />

broker in futures and options.<br />

“If <strong>the</strong>re were a ,loophole<br />

allowing you to borrow at a<br />

reduced rate and protect yourself,<br />

<strong>the</strong> entire London foreign<br />

exchange market would be in<br />

<strong>the</strong>re within a split second.”<br />

The cost of <strong>the</strong> hedge can be<br />

equal to or greater than <strong>the</strong><br />

saving in interest rates.<br />

“Hedgers are unwittingly<br />

locking in guaranteed losses.”<br />

John Charcol structures its<br />

contracts to include a switching<br />

option so that borrowers<br />

may convert <strong>the</strong>ir loans back<br />

into sterling within 48 hours.<br />

“This is essential in our<br />

opinion,” said Mr Darby.<br />

There is also a “stop-loss”<br />

provision which allows <strong>the</strong>,<br />

lender to switch back <strong>the</strong> loans<br />

into sterling if <strong>the</strong>y have<br />

grown to 70 per cent of <strong>the</strong><br />

value of a house.<br />

THE TIMES<br />

08 9 8 141141<br />

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access to more than<br />

10,000 share, unit trust<br />

and bond prices; The' inf;<br />

formation you, require, is<br />

on <strong>the</strong> following telephone<br />

numbers:<br />

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-v.-—<br />

THE TIMES MONDAY APRIL 17 1989 BUSINESS AND FINANCE 27<br />

Montreal distillery in negotiations with two liqueur companies<br />

. By Derek Harris<br />

• Industrial Editor<br />

It is a year since Seagram of<br />

Montreal; one of <strong>the</strong>. world’s<br />

top four distilleries but <strong>the</strong><br />

least known; acquired Martell,<br />

<strong>the</strong> French cognac house. The<br />

venture is going so well, still<br />

family-runbut profiting from<br />

Seagram’s leadership as a<br />

world distribution chain,; that.<br />

’Seagram has started, on<br />

ano<strong>the</strong>racquisitiontrail.<br />

In a 'rare interview; Mr Ed<br />

McDonnell, <strong>the</strong>. president of<br />

Seagram International, which-<br />

coyers. all <strong>the</strong> :oi]ganization’s<br />

operations . outside North<br />

America,: Xold The Times that<br />

he. had begun talks with two<br />

. liqueury . companies . with<br />

brands of international stat-;<br />

lire. There were also. o<strong>the</strong>r<br />

‘ possibilities. ; ■ , ,.■.. - " ■ ■:.1<br />

Mr'McDonnell is not yet<br />

identifying his .quarry but;<br />

' <strong>the</strong>re are a limited 'number, of<br />

stijl-independcnt liqueur pro-<br />

■ ducers.<br />

. Among <strong>the</strong>m are Cointreau,;<br />

Grand Marnier and Marie<br />

Brizard, all French. Bols,: in<br />

<strong>the</strong> Ne<strong>the</strong>rlands, is ano<strong>the</strong>r<br />

possibility;1 Excluded: are '<strong>the</strong><br />

monastery-produced brands<br />

like Benedictine and<br />

: Chartreuse.; • . . ■<br />

Mr McDonnell said: “Char-<br />

acteristically; <strong>the</strong>re is still<br />

family involvement iricom-<br />

panies like <strong>the</strong>se. But we arc<br />

not .about to become <strong>the</strong> big<br />

bully because that is not <strong>the</strong><br />

way we work. We are prepared<br />

to buy a minority stake arid<br />

leave that in place as 'patient •<br />

money, so that, perhaps after<br />

ano<strong>the</strong>r geiiferatibn, <strong>the</strong> family<br />

might decide to sell out.”<br />

McDonnell: <strong>the</strong> takeover of Martell, <strong>the</strong> French cognac house, has proved a big success<br />

Seagram itself continues to which makes Scotland’s best- malt and .10(3 Pipers, among<br />

: have a strong family involve- selling dark rumr But Seagram <strong>the</strong> Scotch: whiskies, Muminri '<br />

merit, with <strong>the</strong> Bronfmans still has been busiest in building its . champagnes (acquired three:<br />

; holding about 40 per cent arid portfolio of 'world brancls, a ; years. • ago) and Sandemari:<br />

having an involvement in top preoccupation shared, by its' : ports and sherries. . ■<br />

management.; ■ '-H ; ; 7 . : main competitors. These arc , With <strong>the</strong> Martell: ac-<br />

Seagrarri is also continuing led by Guinness with its quisition also came Janrieau;<br />

its parallel policy of acquiring- distilling interests which in- : <strong>the</strong> world’s bestsellingAr-<br />

companies which supply only elude <strong>the</strong> Johnnie Walker and magnac. In Britain, Seagram<br />

<strong>the</strong>ir, own national market. Haig whisky brands as well as also produces. Burnett’s, gin<br />

There have been; 15 such deals ’ Gordons gin.’ '; "v ■ ; and Captain Morgan rum.<br />

in Europe alone during <strong>the</strong> The Seagram brands selling •< Mr McDonnell sees, <strong>the</strong> big<br />

past five years, from brandy internationally include'Chivas four continuing to get. bigger<br />

: arid wine producers to OVD, Regal, The Glenlivet single" as ‘ <strong>the</strong> emphasis, grows ■ on<br />

; global branding. Of Seagram,<br />

he said: “On <strong>the</strong> acquisition<br />

front, we are; perhaps not as<br />

aggressive as <strong>the</strong> o<strong>the</strong>rs are but<br />

: we do our share and by strictly<br />

friendly takeovers. The emp-<br />

.hasis'hasbeenonconsolidatT<br />

ing <strong>the</strong> relationship : with<br />

brand owners.”.<br />

■". Seagram sells to mote than<br />

150 countries with about 700<br />

brands ofwinesand spirits, for<br />

some'.of which it acts as agent.<br />

: Last month, Seagram reported.<br />

sales up by almosta third'to<br />

. USS5 billion (£2,9 billion) and<br />

operating; profits up 48- per<br />

cent. Net: profit was up .13 per<br />

cent; V affected by., <strong>the</strong> : ac­<br />

quisition costs not only : of<br />

Martell but of <strong>the</strong> Tropicana<br />

fruit juice business.. y<br />

Mr McDonnell said:“Dis-<br />

. tribution is <strong>the</strong> secret with our<br />

: company — '<strong>the</strong> system is.<br />

number one in <strong>the</strong> industry.”<br />

This is particularly so in <strong>the</strong><br />

Far East, a market which<br />

excites Mr McDonnell’s ent­<br />

husiasm because it is so fast<br />

growing. ; . -S;■{,■;.<br />

j Spirits sales growth around<br />

<strong>the</strong> Pacific Rim countries is<br />

running at about 10 per cent<br />

when o<strong>the</strong>r markets like.<br />

North America and Britain<br />

have lately been unexciting, v<br />

Japan’s bringing down of<br />

I high tax;'barriers for imported ,<br />

spirits is.an extra bonus. , ■<br />

Cognacsales, moreover, are;<br />

■ exceeding <strong>the</strong> general rate, of<br />

spirits growth, underlining <strong>the</strong><br />

Seagram' strategy in buying-<br />

Martell. Mr McDonnell said:<br />

“Thp(Far:&st prospects were,<br />

<strong>the</strong> key reason. for buying<br />

Martell. It provides a stronger<br />

platform for.bringing in o<strong>the</strong>r<br />

products.”<br />

rises<br />

By Our City Staff<br />

Taxpayers who do riot sendiri<br />

. <strong>the</strong>ir tax returns could face<br />

:1 fines of up to £300 frqrii this<br />

year. They could also have to<br />

: pay uj) tip a fur<strong>the</strong>r £60 a day if<br />

<strong>the</strong>y still delay.1 :<br />

The; tough measures, con­<br />

tained in <strong>the</strong> Finance Bill, just<br />

, published, come astax.'retum<br />

. forms land on doormats<br />

throughout <strong>the</strong> country. —<br />

■ Most people take weeks and<br />

often months before <strong>the</strong>y get<br />

round to, filling' <strong>the</strong>m in. The<br />

Inland Revenue :has always<br />

all6wed;3’Odays,7<strong>the</strong>ri.sentout:<br />

' reriiindei's. - '■<br />

Wheri <strong>the</strong> taxman finally<br />

runs, out of patience <strong>the</strong> matter<br />

is passed ’ to <strong>the</strong> independent<br />

Appeal Commissioriere, who<br />

have ■. po^er ,tP 'impose pen-<br />

. alties. Since I960,;. <strong>the</strong> maxi-.<br />

mum' perialty for faiilure to<br />

make a. tax return has been<br />

£50. and . <strong>the</strong> hiaximum' dailyf<br />

penaltyfor failuretocontinue<br />

after that has been £10. ;;.<br />

But.now<strong>the</strong>penalties will<br />

be .increased. in .line with<br />

: inflation — which, it is hoped,<br />

will encourage people to send<br />

in <strong>the</strong>ir returns quickly.<br />

The number of cases of nonr-<br />

return taken before <strong>the</strong> Appeal<br />

Commissioners is small and<br />

casies usually involve peopje<br />

suspected of more siriister<br />

. reasons for not filling in <strong>the</strong>ir<br />

returns than straightforward<br />

. neglect. •<br />

O<strong>the</strong>r increaseis in penalties<br />

are also proposed in <strong>the</strong> Bill.<br />

The • iriaximurii penalty for<br />

v fraudulently or negligently-<br />

giving incorrect inforriiatiori<br />

rises''to £3,000. Accountants<br />

coulS face a.firiie bf.£3i000 for<br />

each false fetuhi. j.: , :■■■'•<br />

By Our Industrial Editor<br />

Three European management<br />

institutioris, including Ash-<br />

ridge, Management College in<br />

<strong>the</strong> Hertfordshire Chijterns,<br />

are combining to help prepare<br />

business executives face <strong>the</strong><br />

challenges of <strong>the</strong> single Euro­<br />

pean, market.<br />

The o<strong>the</strong>r institutions are<br />

France’s . Centre de Perf-<br />

cctionncmcnt aux AfTaires in<br />

Paris., and West Geririany’s<br />

U niversitatsseminar der. Wirt-<br />

schaft in Cologne. • ' ;<br />

The , pioneering move is<br />

expected to produce, an: initial<br />

three-\yeek programme in<br />

March iiext .year, to be split-<br />

between <strong>the</strong>. Paris arid Col­<br />

ogne institutions.;: There .will<br />

be. fur<strong>the</strong>r .ories';'later, involv­<br />

ing all three bodies.<br />

The management pro­<br />

grammes will be aimed at<br />

those people with respon-,<br />

sibility for formulating, and<br />

i implementing Europe-wide<br />

company strategies,<br />

i lit; is expected thaV partici- i<br />

pants will come, not only from<br />

<strong>the</strong> European countries, but<br />

also from <strong>the</strong> United States s<br />

and Japan. .; ’■<br />

By pooling <strong>the</strong>ir knowledge,<br />

and <strong>the</strong>ir “.cultures,” <strong>the</strong> three'<br />

institutions believe <strong>the</strong>y can<br />

help those participating in <strong>the</strong><br />

programmes to better under-:<br />

stand <strong>the</strong> European business ,<br />

.: context..-.- Leading -European .<br />

executives - will- : share ': <strong>the</strong>ir ■'<br />

experiences with <strong>the</strong> pro-<br />

gramme partjeiparits;' ^ ■<br />

Ashridge. sees <strong>the</strong> introduc­<br />

tion of <strong>the</strong> programmes as a<br />

way ' of speeding <strong>the</strong> emer­<br />

gence of a new breed of<br />

manager, who will be increas­<br />

ingly : rieeded by companies<br />

wishing to survive in <strong>the</strong><br />

single market.<br />

' It argues that in future<br />

managers , will have to think<br />

. strategically iri. Eiiropeari '• ac­<br />

quisition and production<br />

terriis,.not; only in sales and<br />

marketing — as has been <strong>the</strong><br />

case so V-.1.'-<br />

Flexibility] <strong>the</strong> ability to<br />

think in inter-cultural, terms<br />

and a desire to iearn new ways<br />

of working will be essential<br />

qualities. for. <strong>the</strong> successful<br />

: European;.:manager,, '.' it::.is<br />

•aiBu!<br />

ordon Pepper’s latest pamphlet<br />

; for <strong>the</strong> Institute o f Economic<br />

1 Affairs makes nostalgic reading.:<br />

Called A Firm Foundation for-Mone- -<br />

tary Policy,: i t seeks to reopen <strong>the</strong><br />

debate about monetary base con trol'<br />

which engaged j so much attention at<br />

<strong>the</strong> beginning o f <strong>the</strong> decade.<br />

Mr Pepper has a point in saying that<br />

. <strong>the</strong>: recent uptick in inflation argues<br />

for a re-examination o f <strong>the</strong> G overn­<br />

m ent’s, monetary techniques. Moner<br />

tarists like Tim Congdon haye<br />

cla im ed th a t; <strong>the</strong> ; broadly defined<br />

versions i o f <strong>the</strong> m oney supply were '<br />

clearlyshbwing-inflatibnarypressures;;<br />

early last year. Then, MO, <strong>the</strong> G oveni-<br />

; m ent’s own preferred measure, y/as<br />

rising out o f <strong>the</strong>; target range. The<br />

Chancellpr him self has acknowledged<br />

that, with hindsight, , interest rates<br />

were lowered too far at <strong>the</strong> start o f last<br />

,summen .. .■ / ,<br />

H A re-examination need not start on<br />

<strong>the</strong> presumption that‘ better methodsi ’<br />

m ust be available. M ethods o f m one­<br />

tary control, at least in <strong>the</strong>ir , practical<br />

application, tend to be ra<strong>the</strong>r like<br />

ChurchiiFs definition o f democracy as :<br />

a form o f governm ent — <strong>the</strong> worst<br />

possible, except for all <strong>the</strong> o<strong>the</strong>rs. ;.<br />

V Mr Pepper, like maiiy o<strong>the</strong>rs, would<br />

like to take interest rate decisions out<br />

o f <strong>the</strong> hahds o f politicians arid central<br />

bankers. The philosopher’s stone he is<br />

searching for is <strong>the</strong> le a st, fallible<br />

indicator o f monetary conditions and<br />

<strong>the</strong> strongest means o f influencing <strong>the</strong><br />

econom y which leaves <strong>the</strong> m inim um<br />

am ount o f discretion in <strong>the</strong> hands o f<br />

<strong>the</strong> authorities. Systems w ith; strong<br />

and clear rules, so long as <strong>the</strong> rules<br />

continue to appear sensible under a<br />

variety o f conditions, give markets<br />

confidence in government policy.<br />

Control o f monetary conditions<br />

through <strong>the</strong> m o n e ta e base would,<br />

require <strong>the</strong> Bank o f England to con trol.<br />

<strong>the</strong> ^mount o f cash and balances held<br />

with it by <strong>the</strong> banks — <strong>the</strong> “high- ;<br />

powered m oney” on which <strong>the</strong> banks ■ •<br />

build <strong>the</strong>ir lending — by direct market<br />

operations. This can be described as<br />

controlling <strong>the</strong> supply o f m oney ra<strong>the</strong>r<br />

than operating through interest rates 1<br />

to control <strong>the</strong> demand for it.<br />

Mr Pepper constructs a Bank o f<br />

England conspiracy <strong>the</strong>ory to explain<br />

why this solution has never been ad­<br />

opted. But he does not explore fully<br />

why quantitative control is superior to<br />

control by direct action on interest<br />

rates when interest rates will be <strong>the</strong><br />

means by which control o f <strong>the</strong> m onet­<br />

ary base will diffuse its effect through<br />

<strong>the</strong> banking system and <strong>the</strong> econom y.<br />

N or does he address <strong>the</strong> suspicions o f<br />

som e City practitioners that <strong>the</strong>re is<br />

no monetary base so fundamental to<br />

<strong>the</strong> system that financial markets will<br />

hot find a way o f substituting for it.<br />

A'second-order objection — but an<br />

important one — is that interest rates<br />

under a: system o f monetary base c o n -;:<br />

trol might-'be much more volatile.<br />

Monetary fundam entalists may re- '<br />

spond that that is just <strong>the</strong> point: rates:<br />

should reflect market pressures ra<strong>the</strong>r<br />

thaninstitutiqnalandpolitical conve­<br />

nience. But, if <strong>the</strong>y can be distin­<br />

guished from more fundamental ;<br />

m ovem ents, <strong>the</strong>re is som ething to be<br />

said for ;: sm oothing out day-by-day<br />

fluctuations.. :<br />

5 However, all this does not mean<br />

th at monetary base control is not<br />

worth re-examining. It might also be<br />

worth taking ano<strong>the</strong>r look ; at D ivisia<br />

indices which com bine several meas­<br />

ures o f m oney in a weighted com pos­<br />

ite.' After <strong>the</strong> exchange rate targeting<br />

episode, <strong>the</strong> G overnm ent’s monetary<br />

framework, is not so transparent and<br />

so robust; that re-consideration is<br />

likely to harm confidence. , : :<br />

Biig Dipper daze<br />

n some days last week it was'<br />

I ra<strong>the</strong>rlike riding <strong>the</strong> Big Dipper<br />

for British economy-watchers. It<br />

started with a gasp o f alarm as we<br />

hurtled towards <strong>the</strong> menacing shape of<br />

input price inflation, followed by- a sigh1<br />

o f relief at <strong>the</strong> friendly form o f lower<br />

bank lending to consumers and <strong>the</strong><br />

pause in ' house prices in <strong>the</strong> South<br />

shown by <strong>the</strong> Halifax index. Later <strong>the</strong>re<br />

were fur<strong>the</strong>r shrieks o f excitement at <strong>the</strong><br />

: average earnings figures which <strong>the</strong>n<br />

turned into cheers. for <strong>the</strong>,' US and<br />

British inflation'figures on Friday as we<br />

slowed down. - ,<br />

/ At <strong>the</strong> end o f <strong>the</strong> experience we are on<br />

much <strong>the</strong> same level as we started, with<br />

just a few more grey hairs. Evidence for 1<br />

a slowdown in <strong>the</strong> economy is mixed<br />

but far from negligible. Interest rates at<br />

13 per cent are evidently having some<br />

effect though it is not yet clear whe<strong>the</strong>r<br />

this will be enough. lt would be<br />

surprising if consumers did not react to<br />

higher interest rates. Including mortgage<br />

payments, <strong>the</strong> interest payments <strong>the</strong>y<br />

face are now on average 1 lh times <strong>the</strong><br />

interest receipts <strong>the</strong>y enjoy.<br />

Hold on to your hats for this week’s<br />

ride featuring industrial production,<br />

retail sales, money supply and.<strong>the</strong> public<br />

sector borrowing requirement.<br />

Rodney Lord<br />

Economics Editor<br />

iyisiralmii diamond fooost<br />

Australia; already <strong>the</strong> world’s<br />

largest producer of diamonds<br />

by vblume, ;is. poised; to ^.dis­<br />

cover yet more diamondpipes<br />

as ,' <strong>the</strong> pace of geological<br />

explbratiori. increases through­<br />

out <strong>the</strong> cbritinerit. ; :<br />

. Metana Minerals, a widely<br />

held Loridbri Australian group<br />

with diverse gold and o<strong>the</strong>r<br />

miriing interests, will this year<br />

be spending at least 20 per;<br />

cent of its- arinual exploration<br />

budget on <strong>the</strong> . hunt for<br />

diamonds.<br />

; Mr Graham Hutton,<br />

Metana’s ‘ joint i managing<br />

director, said that Metana had<br />

already had.“early success” irt<br />

By Colin Campbell.,<br />

evaluating ■ a potential ; di-<br />

1 amond pipe in Western :<br />

Australia, <strong>the</strong> honie state; of<br />

<strong>the</strong> .Argyle diamond pipe<br />

which, has made <strong>the</strong> country<br />

<strong>the</strong> world’s largest producer, of<br />

diamonds.. ; . . .<br />

■ ; Mr Hutton has suggested<br />

that <strong>the</strong> pipe Woiiid contain<br />

more gem than industrial<br />

.siones. :,<br />

'■; Metana is exploririg several<br />

of Hs 100 per cent^ownedsites,:<br />

and in a number of instances<br />

‘ is working in joint venture<br />

arrangements.' One ofparticii-<br />

lar- significance is with<br />

Stockdale, <strong>the</strong> prospectirig;,<br />

arm of <strong>the</strong> De Beers/Anglo<br />

American; gold-kJiamond..em-<br />

) pire, which : has itself beeri<br />

hunting . for diamorids ;; in<br />

Australia for several years. . ,-,<br />

Mr Hutton said Metana had<br />

-been approached by Stockdale<br />

to participate in <strong>the</strong> search for<br />

diamond pipes in various<br />

: parts, of Australia, and added<br />

that ;<strong>the</strong> chances- of success<br />

were “pretty high.” . ‘ . .<br />

. Australian gold mining<br />

companies are. increasingly<br />

turning <strong>the</strong>ir exploration<br />

attention to o<strong>the</strong>r minerals,<br />

. base and precious metals in a<br />

determined effort to diversify<br />

away from <strong>the</strong>ir original gold<br />

base. ■ V, ' ' '<br />

Parkinson’s<br />

reward<br />

energy<br />

The .choice of Cecil Parkinson<br />

to open <strong>the</strong>.! British-Soviet j<br />

Month at Moscow’s World<br />

Trade Centre last week jeft<br />

mariy:;Britishbusiiiessmeri<br />

ra<strong>the</strong>r., puzzled. Where.; was<br />

Lord Young, <strong>the</strong> embattled<br />

Trade Secretary,: or Alan<br />

.Clark, ; <strong>the</strong> minister who is<br />

heavilyfocused: on trade with<br />

<strong>the</strong> Soviet bloc? The official<br />

explanation .was that <strong>the</strong> first;<br />

■ week' was devoted to . talks<br />

about energy deals. But o<strong>the</strong>rs<br />

speculated; that Parkinson is<br />

likely to add <strong>the</strong> trade and<br />

industry portfolio to his en-<br />

ei^y ..brief when <strong>the</strong> two<br />

departments, are merged,<br />

probably at <strong>the</strong> next Cabinet<br />

reshuffle.; The rehabilitated<br />

Parkinson’s remarks at <strong>the</strong><br />

openirig ceremony, certainly<br />

gavea hint of greater things to<br />

come. And . what' of Lord<br />

Young?'Well,/he ,was 'defi-<br />

; nitely in <strong>the</strong> running for <strong>the</strong><br />

Conseirv'ative party chairman- r,<br />

ship after- Norman Tebbit<br />

stood down. ...<br />

Vodka tonic<br />

Switching ori <strong>the</strong> television set;<br />

. in my. hotef robm, I was;<br />

cphfrbnted.by ribne o<strong>the</strong>r than ,<br />

:. Arthur Daley — speaking flu­<br />

ent Russian. The episode: of<br />

. Minder formed part of •<br />

THames^'TeleVisibn’s. mirior •<br />

coupon ^putting ori: 10 hours of”<br />

programmes on <strong>the</strong>. Soviet<br />

Chaririel '2 — advertisements<br />

; arid all: And, with an! audiente;<br />

of; 200' million; albeit still:.<br />

hard up for hard cuitency<br />

;which,advertiserwould'notbe■<br />

interested? •- :<br />

MOSCOW DIARY<br />

Mamrtier arid sickle<br />

The name of Armand Ham­<br />

mer, <strong>the</strong> American oil magnate<br />

with a long-standing soft spot<br />

for <strong>the</strong> Russiaris, pervades <strong>the</strong><br />

;!;Soviet capital in a fasciriating<br />

way. For one thing, <strong>the</strong> Occi­<br />

dental Petroleum chief has<br />

lived in <strong>the</strong> British Embassy<br />

building, a gem . of a small<br />

tsarist palace days that looks<br />

out over <strong>the</strong> Moskva river to<br />

<strong>the</strong> gilded domes of <strong>the</strong> Krem­<br />

lin. In a way,ihe has also lent<br />

his name to <strong>the</strong> currerit ceritre<br />

for international business —<br />

. Sovincentr, -Th is massive com­<br />

plex on 20 floors; arid with<br />

' more than 600 rooms-is also:<br />

known as <strong>the</strong> World Trade<br />

Centre, or Mezhdunarodnaya,<br />

<strong>the</strong> name of <strong>the</strong> hotel which is,<br />

housed in iti However, it is'<br />

difficult to find Soviet officials<br />

or taxi drivers who know it by<br />

any name, o<strong>the</strong>r than <strong>the</strong><br />

• -.‘Hammer Ceritre.” ;; \ ';<br />

Party line<br />

In Moscow, <strong>the</strong> special phones<br />

you; use for iritemational calls<br />

are coloured red. But, sad to;<br />

say,. last week <strong>the</strong>re, were not<br />

: enough of . <strong>the</strong>m to. acc- -<br />

omodate <strong>the</strong> 300 UK firms<br />

r<br />

“Apparently it.is our fault,<br />

for paying increased ;<br />

■ mortgage ihterest”<br />

represented - at <strong>the</strong> British<br />

Soviet Month; The British<br />

Soviet Chamber of Commerce --<br />

kindly, niade .its red; phone<br />

generally available, but is 1<br />

dreadirig to think what its next<br />

bill'.will be. Roll- ori <strong>the</strong><br />

autumn, start o f <strong>the</strong>1 joint<br />

venture between GPT arid <strong>the</strong><br />

Moscow - telephone authority. ■<br />

The GPT pay phones — only.<br />

100; initially — might help to<br />

ease <strong>the</strong> busiri.essm'an’s,.<br />

burden. ...<br />

• Executives from iBrnst / &<br />

Whinney, . <strong>the</strong> accountants, ;<br />

were absolutely spellbound by<br />

a waiter’s; ability to hold, and<br />

pour, wine from a bottle.<br />

without using his fingers —<br />

somehow holding <strong>the</strong> bottle<br />

with <strong>the</strong> palm of his hand only.<br />

Richard Lewis, E&VV’s.newly<br />

appointed permanent ■ repre­<br />

sentative in Moscow, applied<br />

his fluent Russian to ask<br />

politely how it was done. The<br />

waiter leaned over ..and- dis-r ■<br />

creetly-’replied: “Know-how,”<br />

Havirig suffered <strong>the</strong> loss -r in<br />

1917 — of its St Petersburg<br />

(now Leningrad) factory; Mor­<br />

gan Crucible has under­<br />

standably been ra<strong>the</strong>r, wary<br />

about-;: becbiriing - involved<br />

again. with <strong>the</strong> Soviet-Union.<br />

But, as history - heals; <strong>the</strong><br />

wounds, <strong>the</strong>. world’s leading<br />

•supplier of crucibles; to mints<br />

and metallurgists': is again<br />

taking ari active interest in <strong>the</strong><br />

Russian market and is<br />

strongly represented during<br />

<strong>the</strong> trade month. The, com­<br />

pany — which declares its final<br />

results' today — .has ' even<br />

considered joint ventures with<br />

■ Soviet industry. Haying;natu-;<br />

rally enough lost touch with<br />

<strong>the</strong> .'goings-onsat, <strong>the</strong>: plant it<br />

lost during <strong>the</strong> Bolshevik<br />

reyblufiori, - Morgan .was. sur­<br />

prised — to put it mildly —<br />

when it was contacted recently<br />

by <strong>the</strong> plant, which is still<br />

making <strong>the</strong> clay-graphite cru­<br />

cibles' along: <strong>the</strong> . oldlines.<br />

Morgan’s export sales en­<br />

gineer, Fraricis Adcock, com­<br />

mented: “Once- bitten, twice<br />

shy.” Still, in <strong>the</strong> present<br />

business climate anything is.,<br />

possible. ■ : : :<br />

in black<br />

: Ralph French, <strong>the</strong> chairman<br />

of <strong>the</strong>.BritisK Soviet Chamber<br />

ofCommerce, washappy.to be<br />

able to anriburice at <strong>the</strong> ariiiual<br />

meeting that <strong>the</strong> chamber,<br />

which almost came to finan­<br />

cial grief a fe w years ago, is nb<br />

longer in <strong>the</strong> red. In fact, it<br />

showed a profit of £35,622 last<br />

year.' - •_<br />

CoHn Narbrough<br />

;V ■’ADVERTISEMENT<br />

TELEVISION<br />

UPDATE<br />

; i s t o b e l a u n c l i e d ' o r L M a y 1 . T h e 6 0 :<br />

. m a x i m u m e x p o s u r e d u r i n g t t L e b a i L k h o l i d a y w e e k e n d ,<br />

a n d w i l l s u p p o r t a n o u t s t a n d i n g s p r i n g a n d s u m m e r s c h e d u l e o f p r o g r a m m e s ; T o a d d<br />

. ; s t r e n g t h t o t h e p u s h ; t h e r e w i l l a l s o b e m a j o r p r o m o t i o n a l e f f o r t s b y A m s t r a d , t h e n a t i o n ’s<br />

l a r g e s t . v o l u m e ; s u p p l i e r o f s a t e l l i t e r e c e i v e r s , a n d D i x o n s , t h e l e a d i n g c o n s u m e r e l e c -<br />

' t r o n i c s r e t a i l e r . T h e s t a r t o f ' S k y ’s £ 1 3 m i l l i o n p r o m o t i o n - c a m p a i g n h a s b e e i i t i m e d t o<br />

c o i n c i d e w i t h t h e . f l o o d o f d i s h e s n o w a r r i v i n g i n . s h o p s ' ( s e e . n e x t r e p o r t ) . T h e 6 0 s e c o n d<br />

c o m m e r c i a l i n t r o d u c i n g t h e s i x - c h a j i n e i r a n g e o f S k y ’ s s e r v i c e s w i l l b e s u p p o r t e d b y<br />

T H E D I S H F A M I I U E i s c o m i n g t o a n e n d . . A s u r v e y o f - 2 0 m a n u f a c t u r e r s c o n d u c t e d , l a s t<br />

w e e k s h o w s . t h a t s u p p l i e s , r e a c h i n g t h e n a t i o n ’s - r e t a i l e r s a r e b u i l d i n g u p f a s t l l ^ i ' M a r c h ,<br />

2 4 , 0 0 0 u n i t s w e n t o n s a l e ; I n A p r i l a n d M a y , m o r e t h a i i 8 0 0 , 0 0 0 r e c e i v e r k i t ® w i l l c o m e - t o<br />

. m a i ? k e t . ‘ : . ■ - ' ■ v " . ■ ' - . . . V . -.<br />

/' . •/.<br />

S K Y C H A H O i T B L h a s a x m b u n c e d t i b e f i r s t i i i a s e r i e s o f e x c l u s i v e , l i v e s p e c i a l e v e n t s ; ;E l t o n ,<br />

J o h n ’s c o n c e r t i n V e r o n a , I t a l y , w i l l b e b r o a d c a s t l i v e , i n s t e r e o , o n t h e n i g h t o f A p r i l 2 6 . : ' .<br />

T h e s p e c i a l p r o g r a m m e w i l l b e p r o m o t e d w i t h n e w s p a p e r a d v e r t i s i n g . S k y w i l l s o o n :<br />

a n n o u n c e m o r e h v e s p e c i a l ' s , w h i c h a r e i n t e n d e d : t o s u p p o r t a r a p i d t a J s e - u p o f s a t e l l i t e<br />

r e c e i v e r k i t s . ... ■ ' ; . . ' i ' - ,<br />

F U R T H E R E V I D E N C E o f t h e s t r o n g d e m a n d f o r s a t e l l i t e ; t e l e v i s i o n i s a r e p o r t l a s t w e e k<br />

, t h a t : e v e n b e f o r e t h e s t a r t o f S k y ' s m a j o r m a r k e t i n g e f f o r t . a l m o s t o n e h o u s e h o l d i n f i v e (<br />

r e p o r t s a n i n t e n t i o n t o d e f i n i t e l y - b r - p r o b a b l y b u y s a t e l h t e e q u i p m e n t ; T h e d a t a c o m e s ,<br />

f r o m T h e F i n a n c i a l T i m e s S a t e l l i t e M o n i t o r , a n e w m a r k e t r e s e a r c h p r o j e c t : T e l e p h o n e<br />

i n t e r v i e w s w i t h m o r e t h a n ;. 4 ' , P 0 0 , p e o p l e i n B r i t a i n . d u r i n g F e b r u a r y a n d M a r c h p r o d u c e d<br />

d a t a s u g g e s t i n g t h a t t h e r e a r e a l r e a d y a b p u t 5 8 , 0 0 0 s a t e l l i t e d i s h e s i n u s e .<br />

S E Y M O V I E S h a s a n n o u n c e d s o m e o f t h e h i g h l i g h t s i n i t s s p r i n g a n d ^ i n n i e r f i l m<br />

s c h e d u l e . . A m o n g t h e m a j o r f i l m s t o b e . s h o w r i a r e T h e N a m e O f T h e . R o s e , H a n n a h A n d H e r<br />

S i s t e r s , L a b y r i n t h , P r i z z i ’s H o n o r , a n d T e r m i n a t o r . S k y M o v i e s r e m a i n s f r e e t o v i e w e r s<br />

. d u r i n g i t s p r e v i e w p e r i o d ; l a t e r t h i s y e a r , t h e s e r v i c e y r i l i ' b e s c r a m b l e d a n d m a d e a v a i l a b l e ;<br />

i n c o m b i n a t i o n M t h T h e D i s n e y C h a i n i e l f w h i c h l a u n c h e s o n A u g u s t l ^ f o r a f e e o f ^ l S p e r<br />

m o n t h . ' ; ;; , ;<br />

M O R E T H A N 1 2 0 a d v e r t i s e r s , a r e n o w ' t a k i n g a d v a n t a g e o f t h e u n i q u e o p p o r t u n i t i e s<br />

o f f e r e d b y S k y T e l e v i s i o n : ‘M ^ p r b e n e f i t s m a i l a b l e f r o m S k y i n c l u d e p r o d u c t a n d s e r - ^ c e - ;<br />

e x c l u s i v i t y , s p e c i f i c t a r g e t t i n g , l o w e n t r y c o s t s a n d s p o n s o r s h i p b p p o r t u i i i t i i e s . A l l o f<br />

S k y ’s c h a n n e l s a r e s u c c e e d i n g i n r e a c h i n g v i e w e r s w h o a r e y o u n g e r a n d m o r e a f f l u e n t<br />

t h a n t y p i c a l I T V a u d i e n c e s . F o r m o r e i n f o r m ^ t i o n o n ; a d v e r t i s i n g o n S k y T e l e v i s i o n c o i i -<br />

t a c t S k y S a l e s . o n 0 1 : 6 3 6 - 5 0 1 0 . : i-<br />

S K Z N E W S , t h e 2 4 - h o u r n e w s s e r v i c e o f S k y . T e l e v i s i o n , , t h i s m o n t h m o u n t e d i t s m o s t<br />

a m b i t i o u s o u t s i d e b r o a d c a s t e f f o r t s o f a r t o c o v e r t h e v i s i t t o B r i t a i n , o f S o v i e t P r e s i d e n t<br />

M i k h a i l G o r b a c h e v ; S k y N e w s w a s t h e o n l y n e t w o r k t o b r o a d c a s t l i v e t h e s p e e c h e s - m a d e<br />

b y P r e s i d e n t G . o r b a c h e y i a n d P r i m e M i n i s t e r ' T h a t c h e r a t t h e ' d i n n e r g i v e n a t 1 0 D o w n i n g<br />

. S t r e e t d u r i n g t h e s t a t e v i s i t , M r s T h a t c h e r w a s i n t e r v i e w e d b y S k y N e w s a n d h a s b e c o m e<br />

a r e g u l a r v i e w e r . T b e S o v i e t E m b ' a s s y , . w h i c h r e c e n t l y t o o k d e l i v e r y o f a ' S k y d i s h , a l s o<br />

t u n e s i n . ■ v: ,v • ■ " ■ - ' V ■<br />

- For more information about <strong>the</strong> services o f Sky Television, please tvrite to y<br />

Victoria Clark, Sky Television Centre, Grant Way, Islewor.th, Middlesex TW7 5QD .<br />

V i-<br />

ij. 1<br />

.-/ '-V


BUSINESS A N D FINANCE<br />

TO D A Y<br />

tween £2 million ■: anti £3 <strong>the</strong> group, with <strong>the</strong> retail ,<br />

The sale in February of circles prornpteti more bad<br />

million and thinks a poor set jewellery, business expected to ;<br />

Baker’s PMC printing mach­ publicity,- attracting at least<br />

As <strong>the</strong> company results season of figures might , stimulate be very buoyant last year in<br />

inery business arid' APV’s one libel writ to a national<br />

, begins to grind- to a halt, ..more takeover talk, with some this country, while, <strong>the</strong> bene­<br />

Crawley, West Sussex, site will newspaper. ' ’<br />

Evered Holdings, starts <strong>the</strong>, unusual buying already seen. fits of integrating Osterman’s,<br />

have come too late to affect : Mr Walker’s aim has been<br />

week with figures for calendar Morgan Crucible, <strong>the</strong> indus­ . bought last April, with its.<br />

<strong>the</strong> year-end balance sheet, to effect a transition for his<br />

1988 - <strong>the</strong> year which saw a trial materials and electronics Sterling chain should be seen<br />

but <strong>the</strong> arrival of <strong>the</strong> £114 group from a leisure combine<br />

swing from . <strong>the</strong> company’s j<br />

million proceeds of <strong>the</strong>se sales based on casinos, arid, clubs<br />

concern which has had <strong>the</strong> : in <strong>the</strong> U S ,. ' . . ■ ,<br />

traditional engineering activ­ benefit of extensive restructur- Most forecasts are for prewill<br />

have put <strong>the</strong> company into; <strong>the</strong> wider ,pastures |of<br />

ities to building materials and<br />

back into a cqsh-posiiive pos-;: • public houses and property<br />

. ing under <strong>the</strong> leadership of Dr . tax profits, in <strong>the</strong> 12 months to<br />

quaitying. "";■<br />

■ P V M W H V i<br />

ition arid .analysts will be developriieritv while building ■<br />

E Bruce Farmer, <strong>the</strong> managing end-January of , about £80 ?<br />

The culmination of. this<br />

director,; reports, figures for million, excluding property -.<br />

keen to learn of its next move. up an integrated film-making<br />

policy was <strong>the</strong> departure of <strong>the</strong> 1988 which will show fur<strong>the</strong>r gains, up: from £52.7 million<br />

............. TT....j<br />

Hawker Siddeley, <strong>the</strong> diver­ side to run in parallel.<br />

two bro<strong>the</strong>rs. Mr Osman and : benefits from its acquisition last time. V -.: - V<br />

sified engineering group, re­ His aims have not always<br />

Mr Raschid Abdullah, who programme.<br />

: Last autumn’s merger be­<br />

a ............. -....i<br />

veals its own progress thr-1 • been appreciated; by: analysts<br />

built up <strong>the</strong> business, from <strong>the</strong> Its first-half figures were tween Sandell Perkins and<br />

oughout last year towards i and he has undeniably saddled<br />

board in February.<br />

boosted by two deals in 1987, ■ Travis anti Arnold will be on<br />

higher growth areas and away <strong>the</strong> group with a huge moun­<br />

Only last week, . Sir Peter<br />

show again when this merged:<br />

from its traditional business. tain of debt.<br />

Parker, <strong>the</strong> former British Rail .11<br />

building supplies group -<br />

Coming at <strong>the</strong> end of <strong>the</strong> Heavy interest charges are,<br />

chief was announced as <strong>the</strong><br />

renamed Travis ‘ Perkins -<br />

year — and too. late to affect; <strong>the</strong>refore, likely to hold back<br />

new chairman. Barclays de<br />

announces its nine-month fig-<br />

'<strong>the</strong> 1988 figures - was <strong>the</strong> o<strong>the</strong>rwise-impressive pre-tax<br />

Zoete Wedd is going for £34.2<br />

uresto end-December.<br />

merger with Delta, of both profits for' 1988, w;ith £37;5 , ■;■■<br />

million before tax - a good<br />

■ Assumptions are that <strong>the</strong>se<br />

b ....... .....<br />

■companies’ cable-making bus­ million forecast by Mr Peter<br />

rise from £25; 5 million in<br />

v should come out at just short<br />

inesses. The forecasts are for Hilliar, a leisure analyst at<br />

' 1987'- ■ ■/: '<br />

of £30 million befwe tax,:<br />

£180 million before tax, a rise Barclays de Zoete Wedd,<br />

A corporate move for<br />

,:■! suggesting an annualized::fig-,<br />

from £163.2 million in 1987- - against \£20.8:; million -last<br />

Evered which did riot come off<br />

was its bid in 1986 . for R E P O R T I N G ure o f about £38 million. for<br />

Interims: Bracken Mines,' Kinross time. ■;■ ■■'■ •;; • • '•<br />

1988 as a whole.<br />

Mines, Leslie: Gold Mines, Scottish<br />

McKechnie. By coincidence,<br />

American Investment Co, ■ TR Interim's: Govett .Strategic Invest­<br />

thai: restructured metal- T H I S W E E K : ; The main focus of interest<br />

. Farmer: fur<strong>the</strong>r benefits from acquisitions Walker: analystpredicts £37.5n» for 1988 Australia Investment Trust, llnlsel ment Trust, Low (Wm)..<br />

in <strong>the</strong> shares remains <strong>the</strong> 20<br />

Gold Mines,-Winkelhaak Mines. Finals:’ Albany Investment Trust,<br />

basher. which nowadays<br />

per cent' ' holding by; Meyer'. T O M O R R O W mettle wlicn he reports <strong>the</strong> (William); Tie Rack, Triangle. Trust, Finals: APV, Atlas Converting Brent Walker Group, Etam, Great<br />

makes more of its money from <strong>the</strong> purchase of <strong>the</strong> Holt Lloyd<br />

The Ward Group,, Ward White<br />

International, a rival builders- - —■— .. ... pretax profits for <strong>the</strong> year to<br />

Equipment, Austin ReBd Group, 1 Sou<strong>the</strong>rn Group, Hartons Group,<br />

Group, Western Areas Gold Mining<br />

plastic's .arid consumer prod­ . car-care chemicals manufac­ merchant,' i . acquired when Ward White Group, once one end-January, although, with<br />

BLP Group, CSC Investment Trust, Helical . Bar;: Hestair, International .<br />

Co.<br />

; Densitron . International; Drayton ■ Business Communications,-Liberty,<br />

ucts. is set to report half-way turer and of IPG, which makes , :■ Meyer’s attempt to buy Travis of <strong>the</strong> high-fliers: of <strong>the</strong> bull forecasts of about £72 million,<br />

Consolidated .Trust, English N at Micro Focus Group,'River & Mer­<br />

figures to end-January. ceramic fibres. Mr Michael was foiled by Sandell: Perkins, market, has come under fire < <strong>the</strong>y should show a good W E D N E S D A Y ional Investment Co, Epicure Holdcantile Geared Capital and Income . ^<br />

Mr David Jacobi,'a metals < Blogg at James Capel is ' with some speculation that <strong>the</strong>. itself recently, with talk of: a ’ advance on <strong>the</strong> £64.4 million<br />

ings, First Charlotte Assets Trust, ■■Trust1 1999, Systems: Reliability ■<br />

analyst at Coiinty NatWest, is forecasting £43.5 million for<br />

Frost^Group, Grampian Television, Holdings, UCL Group, Upton (E) arid<br />

company will eventually bid. : consortium-mounted break- made in <strong>the</strong> previous year. The benefits of <strong>the</strong> takeover of<br />

Hawker Sladeley Group, Lawrence Sons.<br />

ai <strong>the</strong> bottom: end of brokers’ 1988, up from £31.1 million. Interims: Ashley droup, :Cradley. up bid. ' '■ interims:-Casket, Exmoor Dual: gaker Perkin's aind <strong>the</strong> sub- (Walter), Parambe.<br />

. forecasts with his prediction The acquisition-hungry Print, Lloyds Chemists, McKechnie, Analysts are increasingly Investment Trust, sequent rationalization pro-<br />

, F R ID A Y<br />

of £17 million before tax, only Ratners Group is <strong>the</strong> • next Prestwich Holdings, Stanhope concerned at <strong>the</strong> signs.of a; Finals: Billingsgate City Securities, gramme throughout ■ "1987 T H U R S D A Y<br />

Interims: Alba, British -Empire.<br />

a little advance on last time’s retail ’ chain to unveil its Properties, , ■ • - slow-down in trading at; its ;Bodycotelnternationaf,Boose£& should be aoDarent when<br />

Securities and General Trust, CDFC<br />

figure which was just short of experiences in 1988 and, more Finals:Broadcast Communications,''<br />

Last, year was not without Trust, Ulster Television. 1<br />

/ Consolidated Tern Investments,. ^ y l ^ 5/dO"it-^}*r?el^ .^ ® '? ' ■ FteyPac^agmg, Hammerson Prb- ' APV, <strong>the</strong> process plant m anu­ incident for <strong>the</strong> Brent Walker<br />

£16 million. '' to <strong>the</strong> point, an indication of : - Evered ' Holdings,; First: Chicago'., als offshoot, while its Halfords pel^y. investment and Development factiirer, announces its figures<br />

Finals: Berry Starquest, .Children’s<br />

Group, Mr George Walker’s<br />

He believes that <strong>the</strong> com-: retail trends so far, this year ■ Corporation. Folkes Group, Fiitura<br />

Medical Charity Investment Trust,<br />

car accessories chain , will be Corpn, Hyman, Joel (HJ) Gold for calendar 1988.<br />

pany,> which is ^investing’ ■ from Mr Gerald Ratner. <strong>the</strong> Holdings, How Group, Kentish vulnerable to a tougher retailv Mlning.Co. Jul^na's Holdings, Lin- : . „en leisure company. What Mr Epwin Group, Neill (James) Hold-,<br />

Property Group, Morgan Crucible,<br />

heavily in new capacity across chairman.<br />

rlimatp this vear . coin House, Miss World Group, ■ M arket forecasts are for £50 Walker himself describes as a ings, Radamec Group., i -<br />

■/Ratners Group,,Rock, Roskel, Top uim die inis ycdi. _.... • "Poiymark International, Rand- rnillinri rir tnnre hefnre tax- uo malicious whispering cam­<br />

<strong>the</strong> board, will: be hit by extra Analysts are looking for Value Industries, .Travis Perkins,, Its chairman, Mr Philip ,f0ntein Estates Gold Mining Co ; m illioiror m ore Derore tax, up<br />

commissioning costs of be­ excellent .results throughout Whittington. ' Birch, will, <strong>the</strong>refore, be on his ; Witwatersrarid, Silvermines, Sindall from £4U./million.<br />

paign against hirii in City J Martin Waller<br />

The Tees and Hartlepool Port Authority operates <strong>the</strong> UK's<br />

second largest port in terms of tonnage of goods handled; <strong>the</strong><br />

premier UK portfor volurne and variety of bulk liquids passing<br />

through; <strong>the</strong> major,entry and ’distribution point to <strong>the</strong> UK for<br />

base chemicalis. Jeespprt and. Hartlepool are within 24 hours'<br />

sailing of most of mainland Europe and Scandinavian ports.<br />

Both are vital to Teesside commerce., British. Steel at Redcar<br />

Phillips Petroleum's Norsea terminal, largest of its kind in <strong>the</strong><br />

\, processes<br />

field. Initially an import facility, Nissan UK is increasingly using<br />

0 Y EDINBURGH<br />

DURHAM•<br />

w<br />

YORK<br />

MANCHESTER<br />

BIRMINGHAM<br />

LONDON<br />

V<br />

its purpose-built terminal tor. exportmg U n made cars<br />

EEC. IC I's Billingham wharves account for 400 ships a year. The<br />

minera<br />

exploitation through its advanced subocean technology<br />

complex. In providing facilities for <strong>the</strong>se.and many o<strong>the</strong>rs, tl<br />

Tees and Hartlepool Port Authority hqs built up a formidable<br />

technical expertise. An expertise which is ready to serve new<br />

port-related industries on Teesside. To find out more contact<br />

Duncan Hall, Chief Executive, Teesside Development<br />

Corporation, Tees House, Riverside Park, Middlesbrough,<br />

I<br />

The evidence is accumulating<br />

that, after discounting for<br />

drought “atid-backs,” <strong>the</strong> real<br />

gross national product of <strong>the</strong><br />

US may have shown negligible<br />

; growth in <strong>the</strong> first quarter.<br />

Notably, industrial production<br />

between December arid<br />

, March rose .a scant 0.48 per<br />

cent. In- <strong>the</strong> 1988 quarters<br />

ended March, June and<br />

September, industrial produc-<br />

tion had risen by more than 5<br />

per cent a year; now <strong>the</strong> rate<br />

has dropped to little more<br />

than 1 per cent. V<br />

The durable goods sector of<br />

personal consumption, spend-<br />

in g isitfie oife'taking <strong>the</strong> brunt.<br />

In <strong>the</strong> year to March, retail<br />

sales of real durable goods fell<br />

slightly; in February and<br />

March combined, <strong>the</strong>y recorded<br />

a drop in real terms, of<br />

nearly 3 per cent.. .‘<br />

Total retail sales in real<br />

/terms fell about 1.3 percent in.<br />

February-March, while “real”<br />

retail sales in March were little<br />

different from September,<br />

1988. Something significant<br />

appears to be happening in US<br />

personal spending V <strong>the</strong> hope<br />

. is that <strong>the</strong> prolonged boom is<br />

over. With durable goods sales<br />

so weak, it .is not surprising<br />

that in Februat^; and March,<br />

industrial, production ■ has<br />

shown no growth at all, while<br />

<strong>the</strong> rate .of industrial capacity,<br />

utilization has fallen from its<br />

January high of 84.5 per cent<br />

to March’s 84 per cent. .<br />

O<strong>the</strong>r important areas | of<br />

spending i.are showing little or<br />

US NOTEBOOK J<br />

tional underlying support for<br />

<strong>the</strong> dollar has emerged from<br />

<strong>the</strong> January-February trade<br />

deficit numbers which added<br />

toge<strong>the</strong>r produced , a trade<br />

deficit of $19.1,billion (£11.3 ,<br />

billion) against <strong>the</strong> expected<br />

$20.5 billion. '■ V '■<br />

And <strong>the</strong>re was some hope of<br />

a budget accord that could get<br />

<strong>the</strong> 1990 Federal deficit below<br />

<strong>the</strong> Gramm-Rudman target of<br />

$100 billion. Sceptics are<br />

many. But <strong>the</strong>; President felt<br />

confident enough on Friday to<br />

forecast a fiscal 1990 deficit<br />

that would meet <strong>the</strong> . G-R<br />

target. ■.<br />

Of great interest ;has: been<br />

<strong>the</strong> collapse of interest rates on<br />

<strong>the</strong> short end of <strong>the</strong> yield<br />

spectrum. :<br />

There is no doubt, that<br />

inflationjs still an important<br />

■ issue. Ev'en though <strong>the</strong> pro-<br />

■ducer price index for: March<br />

rose by only 0.4 per cent, <strong>the</strong><br />

• year-over-year growth of this<br />

key ' indicator of wholesale<br />

prices was up 5;3 per cent in<br />

.March. But those who refuse<br />

to’be'draWn' ihto.'<strong>the</strong>jriflation<br />

fear hysteria (now a growing:<br />

number, as <strong>the</strong> strength of <strong>the</strong><br />

. credit . markets Friday tes­<br />

tified) are coriiing to believe<br />

that <strong>the</strong> Fed’s money growth<br />

.freeze will' bottle up' any.<br />

potential inflationary<br />

. outbreak.<br />

' For <strong>the</strong> time being, shares<br />

are joining in. <strong>the</strong> pleasure<br />

, being generated by <strong>the</strong> evidence<br />

of declining — or even<br />

zero-- US economic growth.<br />

no growth.- If personal con­ • j The whole US financial<br />

sumption spending continues ‘ system is desperate for a ,<br />

to stumble, <strong>the</strong> fate of <strong>the</strong> i brea<strong>the</strong>r from <strong>the</strong> excessive<br />

expansion will be sealed; growth of consumption and of<br />

Reaction in <strong>the</strong> credit mar­ debt Once <strong>the</strong> participants<br />

kets ori Friday certainly in­ glimpse some evidence that<br />

dicated a growing conviction <strong>the</strong>, expansion is tailing off,<br />

that <strong>the</strong> days of <strong>the</strong> expansion <strong>the</strong>ir relief • is powerfully re­<br />

are numbered and that, as a flected in a rush into financial ,<br />

result, credit demand will fall. assets, particularly short-...<br />

The dollar softened slightly on . dated US debt. .. ; :<br />

<strong>the</strong> economic news on Friday<br />

but <strong>the</strong>re was rio wholesale Maxwell Newton<br />

quitting of <strong>the</strong> US unit. Addi­<br />

New York<br />

■ By Our City Staff<br />

Over <strong>the</strong> next few riionths:<br />

plaririers will be examining<br />

proposals to turn more than<br />

130 acres of rundowri land<br />

north of King’s Cross station,<br />

in London' into a massive new<br />

.home's*'.' offices, and; leisure<br />

complex.<br />

The idea is to create a new<br />

district tailored'for life iri <strong>the</strong><br />

21st century. The cost will be<br />

high - some estimates put a<br />

figure of more than £6 billion<br />

on <strong>the</strong> developmerit.<br />

The scheme ranks among<br />

<strong>the</strong> largest and most complex<br />

ever attempted in a. big city.<br />

The outline, planning application<br />

alone ' — delivered to<br />

Carijden Council last week —<br />

filleda box 2ft by 2ft 6ins.<br />

It represents an investment<br />

so far of between £15 million<br />

and £20 million by <strong>the</strong> developers,<br />

<strong>the</strong> London Regeneration<br />

Consortium; which is<br />

controlled by three large companies:<br />

NFC Properties, an<br />

offshoot of <strong>the</strong> National<br />

Freight Corporation; Rose-<br />

haugh; and Stanhope Properties.<br />

NFC owns 19 acres of<br />

land strategically located within<br />

<strong>the</strong> site. '<br />

If <strong>the</strong> planners give <strong>the</strong>ir<br />

consent <strong>the</strong>n work, should,<br />

start towards <strong>the</strong> end of next<br />

yean The whole project is due<br />

to be coiripleted soritetime in<br />

1997. ■; . V 'M v<br />

The developers have also<br />

prepared, a 1,000-page report<br />

assessirig ■. <strong>the</strong> environmental<br />

impact of <strong>the</strong> scheme to<br />

comply with new EC guidelines.<br />

/ The centrepiece of <strong>the</strong> proposed<br />

development will be a<br />

new 26-acre oval-shaped park<br />

—<strong>the</strong> first'major Ldndon park<br />

to have • been created this';<br />

. century — with horncs, offices, .<br />

restaurants, shops, and cul- ;<br />

■tural and leisure facilities. ^<br />

■ The developers have re- ■<br />

. duced <strong>the</strong> amount o f office<br />

space to allow more homes—a<br />

move to satisfy <strong>the</strong> local..<br />

; authority’s determination that<br />

i <strong>the</strong> development should not .<br />

destroy <strong>the</strong> local community.<br />

The proposals also provide.<br />

for a new passenger concourse<br />

building between King’s Cross<br />

and St Pancras, land new low-<br />

level platforms for <strong>the</strong> second<br />

London terminal for passenger<br />

trains rorninig from <strong>the</strong><br />

Channel Tunnel. .. vS V .<br />

A total of 30,000 jobs are<br />

expected to :be created: in <strong>the</strong><br />

finished development, with<br />

• <strong>the</strong> construction programme ;<br />

likely to provide1 work for<br />

3,500 jobs over <strong>the</strong> seven-year '■<br />

period.


☆ ☆ ☆ ☆ * ☆ : TIMES MONDAY APRIL 17 1989 BUSINESS ANE) FINANCE 29<br />

YOUR SCORE CHART y, .<br />

, ENTER THE MOVEMENTS OF THE .'<br />

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•' AND TOTAL THEM TO FIND<br />

; YOUR DAILY DIVIDEND FIGURE<br />

■ i .BOND 1 : BOND 2 BOND 3<br />

T o tals:_<br />

NOTE<br />

. • For easy reference, Portfolio Bond . '<br />

stocks are in BOLD CAPITALS; :<br />

O No fractions': -3% ='-3,'+V4 = 0, ~'h -<br />

REDEEMABLE BOND FUND :<br />

■; 1FYOURPORTFOLIOBOND<br />

PERSONAL SECURITY NU<strong>MB</strong>ER<br />

" ' - APPEARSBELO.W THE TIM ES ■■<br />

. , WILL ‘BUY BACK’ YOUR<br />

> PORTFOLIO BOND FOR THE<br />

: . SUM SHOWN IN THE<br />

APPROPRIATE SECTION ..."<br />

'! TO CLAIM, FOLLOW THE<br />

. INSTRUCTIONS ON .YOUR CARD<br />

£ 1 , 0 0 0<br />

jG T I*I525 JV8I3622 L H I2I01J PF6850'4f.<br />

l>M60i752 XL884727 ■ •■.-<br />

•• . , £100<br />

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• AT589480 AZ7165 i 1 ' BX886056 C P !6 !6 4 1-.<br />

HF964801 , KK383664' LC712857 LS793945<br />

"M F508I52' ‘MY854562 PS367828 ' PU 756112 ,<br />

QM215 i 50 :.'SB2&8960 .'STMIOOSi : TL387.74J. ■ .'<br />

...UH601643 1X 948352 \VW 118420 YY856733<br />

S T Q E K - E X C H A N G E P F f l d E S<br />

A y number of shares in issue for <strong>the</strong> stock quoted)<br />

■ ■ rf u f YS; Dealings begxn today. Dealings end May 5. §Contango day,May 8. Settlement day May 15.<br />

' . . ; . ■ ■ s f orward bargains are permitted on two previous business days. ;; ■<br />

Prices are Friday’s middle prices. Change, dividend, yield and P/E ratios are calculated on middle prices, (aa) denotes Alpha Stocks.<br />

BRITISH FUNDS<br />

•Stock;out« •'<br />

standing<br />

£ •!■ Stock:<br />

. Price Ch'ge Int .. Gross<br />

la s t', on only Red.:<br />

. Friday week - yid% yld% ■<br />

, SHORTS. {Under. Five Yea v<br />

497m<br />

• i.‘; 585m<br />

•1147m<br />

3 2381m<br />

'1189m<br />

-1394m<br />

447ni<br />

• -613m '<br />

' '981m<br />

. -577m'<br />

* 1842m<br />

.1386m<br />

1253m<br />

. 1005m<br />

-r, 351m<br />

.. ^ 366m<br />

‘ 1246m<br />

973m<br />

1533m<br />

-•• 2200m<br />

• 417m.<br />

1427m<br />

1554m<br />

' 1270m<br />

■ 1369m<br />

933m<br />

' ? 1877m<br />

511m<br />

: 732m<br />

1 1802m<br />

••••-■1158m’<br />

1378m<br />

T re es -3% T 969-.<br />

.Treas 5% 1985-89<br />

■Treas C9'a% 1989 :<br />

Exch "10% 1989 r '<br />

Exch 10,«%.1989<br />

Treas 10'a% 1989<br />

Exct\—.11% .1989<br />

Cook \*. :01.ac.a-4QQA.'. >'•<br />

99’j I<br />

97^8 fl<br />

9934 i<br />

99’s<br />

99’a l<br />

99'a-<br />

•Exch * ;2 ’aW 1990- . . .<br />

•.Treas 3%M990-..- ‘ 9 3 '« » + 'e<br />

T re a s ',:" 8 % 1990 • v r ’9 6 V ’ : :<br />

Treas 8*4%-1987-90'<br />

T reas' 10%*1990<br />

Exdi 11% ;1990. •<br />

Exdi 12>2%-1990<br />

.Treas. 13% 1990 ..<br />

Treas ' 3% 1991<br />

Fund 5 J4% 1987*91<br />

Treas" 8% 1991<br />

Treas C10% 1991 .<br />

Exdi , 11% 1991<br />

Trees AV*% 1991 •'<br />

Trees , .3 % -l9 9 2 '-<br />

T re a s 8% 1992 •<br />

T reas '10% 1992<br />

Treas CIO’2% 1992- .<br />

Exch 12’* % 'i9 9 2 ‘ •.<br />

Treas 123*% 1992 •'<br />

Exdi 13^% '1992'<br />

Fund 6% 1993.<br />

Treas ,-.6U% 1993'<br />

Treas ,10% 1993 .<br />

Treas 12'a%M993 '<br />

Treas. 133*% .1993- ;<br />

96'a •• + 'a .<br />

• ’.973a • .V<br />

••99* ''<br />

.100U . .<br />

100'z . . .<br />

’ 8734 # ,.<br />

-9 1 'a<br />

92*4 +'e<br />

. 9 7 ^ . + 'a<br />

,»100: ;•:.•<br />

•■Q3'3 - ’a<br />

' 92<br />

• 97V * ..<br />

. 983a • . .<br />

• 1027a >«a .<br />

-1038a : ...<br />

i106ss . - ‘a<br />

.85*4 -Pa-<br />

91'j '- 'a<br />

’.97V©<br />

105U -'a<br />

,110'4 - 'a '<br />

FIVE TO FIFTEEN YEARS<br />

1 • 1845m 'Treas ' 8'a% .1994. .- ' 913a - 'a .<br />

• .690m.Treas 8'a% 1994 a 9 2 .’<br />

• '.':1405nv.Treas 9%^1994 " r ‘ •033a » - ,a<br />

; . ' 1384m.Treas,-.,10% .1994-; .973a - 'a .<br />

1855m,Exch -12*2% 1994, 106J«'<br />

1211m Exch ;l3 'a % 1994 ' H O 'a ^ -'a .<br />

886m Traas 14'a% 1994-. . '1143a - - 'a<br />

• ‘ 181m.Gas - 3% 1990-95 7 5 'a * . . .<br />

• ‘ 2063m Exch 10U% 1995 • -''96 V -V -'<br />

2471m Traas 12% 1995. ,105V<br />

. 1099m Traas 12t% 1995 •1097e # - ‘,a<br />

. . • 705m. Traas f - 9% 1992-96 94'a. -U<br />

,'1082m C onv‘ '1 0 % 1998': v 976a « . .<br />

. : V. 902m Exch .13'*% .1998 .1123* ^ » 4-:<br />

. 1038m Traas 14% 1996 . 115V -V'.-'<br />

. • ' 1 •’,1651m T reas .15’*% . 1 9 9 6 / - 122’* # -U<br />

3297m.Trees'. 83*% 1997. •, V ;91V --»«<br />

•• •‘•3101m EJtch '10'>% '1997 • ' 1 0 0 ‘ " - ,* -<br />

• .,1709m Treas 13'*% 1997 • 113V - ’a.<br />

' ;• -1237m Exch ' 15% 1997 ’ 12334 # -U<br />

:1237m.Exch , 15% 1997 - ' : 1239* » - ’4<br />

> i'.-815m .Treas . 634%'1995-98 '8 1 ’2 « + ’a.<br />

', 2752m Exch'. 934% ;1998' , *96»a , r ’e •’<br />

-• -2732m Exch-'- ^12% '1998 . lOO’* # - ^ •<br />

. ;.<br />

1545m Conv. 10’4% .1999t>- 99s* . . - V ’<br />

., 1267m T ra as,.10*2% 1999 v -.l0 V * # - ? a ''.<br />

• ' •'3227m Exch 12’*% 1999 111U1 - ’a<br />

. 1189m Traas -81J% 2000) •• • 90’e<br />

' ; '.'1448m C onv' '• 9%-2000 ./ 9 3 ’a;.<br />

-2130m Treas : v13% 2 0 0 0 ,,.. 117 • -V '<br />

785m Conv. '934% 2001 •-, 97V .<br />

. ,. 1042m T reas- 10%'2001. , 99V<br />

: • 1492m Treas- '14% 1998-01' 1193a " - 'a '<br />

•1217m Exch. . 9% 2002 ; ; :• 939a«+ -'a.<br />

‘ ,,1431'm T reas 93i% '2002 •'•983*<br />

'••-. V 718m Conv -10%:2002 • 100V .'<br />

. 1748m Exch i2 % 'l999-02. 1091*: -'a<br />

1013m Treas 10% 2003 (•.',••.‘101V ' '<br />

,2191m Treas 1334% 2000HJ3 1213* . . . ,<br />

OVER FIFTEEN -YEARS:-' ?;<br />

. ■ ■ 254m Fund -3 ^ % 1999-04 .''-573a- '-'e ■<br />

, /,1348m Conv •9'a% ‘2004. - 987a « + 3a •<br />

• 919m Traas 10% 2004 102'B «+3a :<br />

• - 2065m T raes 11’j% 2001-04 l108Ba '•+,a--<br />

1864m C o n v " 9 ,a%>2005 - 99>8#+V<br />

• . 1126m Exch ' 10*2%'2005 -J 107’*. + ’*<br />

. 2640m Treas .12'2% 2003-05 120<br />

• ; -1572m Treas - 8% 2002-06;-.B73e- + la '’<br />

•••••- ' 697m'‘Conv -• 93*%!2006 - 1017a » + '*<br />

1336mTr'aas 8'a% 2007 92V' + V<br />

‘ -3591m Traas 11?4% 2003^)7 114 ■'•+»*.•<br />

. 1744m Treas . 9% 2008 - . 967a#+>* ><br />

1608m Traas .13*a%‘2004-08 ,128V . +'a<br />

885m Traas , 8% 2009 88lj “ +3e ■'<br />

390m Conv * 9% 2011 -* ‘ ',-98 . +■* .<br />

. 6 5 4 m T re a s ''5 ’a%-2008-12 85V - .<br />

‘599m Treas '73*%.2012-15 r-85sa - -'*■ .<br />

■ 1268m Exch 12% 2013-17.-. W a +'a'<br />

UNDATED ; ,<br />

75m Consols 2*2%<br />

• -156m Consols 4%'-'<br />

• 92m Conv • 3 ‘a% :<br />

,128m Trees :2l3%<br />

20m Trees. 3% ..<br />

732m Wer Ln 3'a%<br />

.) . \2 7 V .<br />

43 ’*;<br />

. 6B 4 ;<br />

27.*<br />

• -36ra'<br />

383a<br />

,+6a<br />

+ '*<br />

+ •*•■<br />

+^a’ •<br />

INDEX-<br />

, ' . 639m'<br />

690m<br />

t ;.392m<br />

•1439m<br />

.1108m<br />

.966m<br />

•1483m<br />

• 1100m<br />

.. 1628m.<br />

• • 401m.<br />

' 1845m<br />

, 1540m;.<br />

,804m<br />

LINKED '<br />

Trees IL 2% '1990<br />

Trees IL',2% 1992<br />

Trees !L 2% 1994<br />

Trees ILi2% 1996<br />

Trees IL2'2% 2001<br />

Trees !L2'a% 2003’<br />

Trees IL 2% 2006'<br />

Trees IL2>2% 2009<br />

Trees.IL2'a% 2011;<br />

Trees IL2>a% 2013<br />

Trees IL2'a%.2016<br />

Trees IL2'a% 2020/<br />

Trees lL2'a% 2024.<br />

' .127V -'<br />

'106V<br />

9 8 'a «<br />

.1437a<br />

• 123 V<br />

1203* •<br />

, 123V<br />

1 ‘11534«<br />

; 1205a<br />

100*4<br />

,108'a<br />

106'b#<br />

8938 :<br />

.-•3.0 -<br />

- 5 .1 '<br />

• 9.5.. -<br />

: 10.1, .<br />

10 J3<br />

10.5. - •<br />

- .1.1,1......<br />

•* Z 8 -’<br />

• 3 5<br />

‘ 8.3' • '<br />

- : !8.6 ••!<br />

10.3 :<br />

11.1<br />

12.5 '•<br />

12.9. - •<br />

•3.4<br />

6.3 .<br />

. 8.7-<br />

10.3<br />

■11.1<br />

11.8<br />

3.6-. •<br />

a z •<br />

,’10.3, '<br />

10.7<br />

•'11.9 ;<br />

12.3<br />

,1 2 .7 ' ■<br />

7.0<br />

•9.0<br />

; 10.3 •<br />

1.1.9 •<br />

12.5<br />

9.3 ‘<br />

9.2 • - -<br />

-• 9.6<br />

10.3. . . .<br />

11.7 . .<br />

12.3 , '<br />

12.7 . . .<br />

4.0<br />

10.4<br />

11.4<br />

11.6<br />

. . 9 . 8 '<br />

10.2<br />

11.7 •<br />

12.1 ■<br />

12.5<br />

9.6<br />

•10.5 •<br />

.11.6: ^<br />

12,1- • . *<br />

12.1 : • ..<br />

8.3<br />

10.1 .<br />

11.0<br />

■ 12.0 ..• •;;:•<br />

9.9 .<br />

10.3<br />

............<br />

,11.0 V<br />

• 9.4<br />

9.7,. . - . .<br />

11.1<br />

10.0<br />

10.1..-.<br />

*11.7 ' ••;.•<br />

: 9.6-, • •.••.,<br />

! 9.9<br />

10.0 . • • ;<br />

11.0., :• . .<br />

v9.9-;;<br />

11.3 „ •<br />

6.1<br />

9.6<br />

9.8<br />

•10.6<br />

9.6<br />

’ 9.8 .<br />

10.4<br />

9.2,:<br />

. 9.6,<br />

‘ 92<br />

10.3J<br />

9.3<br />

1 0 ^ ’<br />

9.0<br />

■92<br />

• 8.4<br />

9.0 :<br />

9.5<br />

9.1<br />

9 2<br />

5.3:<br />

9.2 ,<br />

8.3 .<br />

9.1 -<br />

, 2 .0 '<br />

■ sur<br />

2.1.<br />

. 2.3 .<br />

2.9 :<br />

2.8<br />

2.0-.<br />

3.0<br />

3 .1 .<br />

3.1<br />

3.1 '<br />

3.1<br />

:.3 .r-<br />

Capilalization • •" :<br />

/ . ' • Company .<br />

. P/ice . Ch'ge .Gross Oiv<br />

last vo n div- ’ Y!d<br />

Friday week- . pence . % P/E<br />

• ' ,676.1m<br />

136.4m<br />

' • ' 1435m<br />

.i,8 2 7 .6 m<br />

.2,469.9m<br />

.. ,.772.4m<br />

1,231.1m<br />

23.0m<br />

• 713.0m<br />

1 19.8m<br />

. 4,830.0m<br />

15,5m :<br />

.. 55.1m'<br />

9,302,000<br />

• 76.5m<br />

> 47.7m<br />

• '. 4 9 . 0 m<br />

1,817,8m<br />

5.279.1m'<br />

. .83,6m<br />

1,628,9m<br />

i 6.185.0m<br />

,9,231,000<br />

. 324.6m<br />

135.8m<br />

• 101.0m<br />

■ ' 80.2m<br />

•376.3m<br />

. 2,655.0m<br />

‘ 255m<br />

: * 21.0m,<br />

397.4m<br />

2,878.0m:<br />

: '22.6m<br />

•Allied Irish 1 ' ‘<br />

Anglo Leasing-<br />

Ansbecher (Henry)<br />

A us'N ew 'Z : ■••':<br />

Benkemerica . ..<br />

B en k o l.lrele n d -!:<br />

Bank Leuml. Israel<br />

Benk Leuml'UK<br />

Benk Of ScolIend<br />

•Benk Of Weles<br />

B erd sy stee ) 1 .-•,<br />

Benchmerk; --<br />

BroWn Shipley.:<br />

Bus Morlgege.<br />

Cater Alien* ,-<br />

CeWes ; ': , .<br />

Chencary,<br />

Chase Menhettan .<br />

Citicorp *; ’ •<br />

Close Bros • .<br />

Commerzbank<br />

Deutsche Berik -<br />

EquIty-& Gan<br />

RHST NAT'FIN<br />

GPG •<br />

Garrard Nat<br />

Guinness Mahon'.'<br />

HA<strong>MB</strong>ROS •'<br />

HK Shanghai •.<br />

Josaph (Leopold)'<br />

Kfng & Shaxson -<br />

Klafnwort Benson<br />

Uoyds.^aa).'-■<br />

Lon Scot Bk '<br />

"+14<br />

..- 2 0<br />

• -1<br />

319<br />

410<br />

77<br />

224-<br />

£13'^<br />

.309<br />

£17.':<br />

350<br />

• 95 '..-•--3<br />

•62 : ~ -2<br />

434 • *v-3*<br />

5,3<br />

.2 7<br />

+5<br />

.2 9<br />

347.'- :<br />

62' •<br />

403- ;<br />

72 ■<br />

245'<br />

£206a -<br />

- 2 -.<br />

-1<br />

t+2<br />

-7".:<br />

• -1 'a<br />

.18.0<br />

5.8,<br />

3.7<br />

30.7<br />

2.2<br />

14.0-<br />

3 0 .0 :<br />

4.3<br />

1.3 23.0<br />

3.5 29.4.<br />

•5.1 8.8 '<br />

6.1. 8.8 .<br />

6.0 • 8.9- •<br />

7.1 5.0<br />

7.8 16,8<br />

/’4.0.13.0,,.<br />

.'7.4 13.9 ’•<br />

8.0. 9,5<br />

’3.6*14.4<br />

£ 18>2 -'a<br />

227r • + 2 *<br />

278’2 +23a,'<br />

£171 'a + 6 'a -<br />

.36 , •<br />

231 '<br />

42 •<br />

265! •<br />

124<br />

•230' :<br />

49<br />

460:<br />

133*<br />

300<br />

354<br />

41<br />

-• • -5 1<br />

■; tf1 '•<br />

• S - V '<br />

+5 •<br />

• +2<br />

'-1<br />

1.9<br />

15.3<br />

2.3<br />

24.0<br />

* 1 ^ •<br />

12.4''<br />

19.6<br />

12.3-.<br />

18.7<br />

22.4<br />

2.7 ,<br />

5.3 10.8 :<br />

. 6.6. 6.5 .<br />

5.5<br />

9.1 14.4<br />

-.1.3.17.6.<br />

. 5.4 9.4<br />

4.1 19*9'<br />

9 5 ,1 1 4 .<br />

8.2-45.0^-■•<br />

8.3X'4 .4 ;;<br />

8.8 9.4 .<br />

Capitalization<br />

•; -I r. Company<br />

■ Price* Ch’ge Gioss Oiv<br />

, -Iasi ..on 1 . diva<br />

•V-5* !<br />

,30.7<br />

1 4 ^ ;<br />

37.V“<br />

24.0 :<br />

0.3 -<br />

10.7<br />

20.0 '.<br />

'26.0 ,<br />

46.7':<br />

7.0<br />

4 0 .0 .<br />

15.6 \<br />

8.0 •<br />

6,9 6.0<br />

5.3 22.6<br />

9.9'<br />

7,5 .6.8<br />

.0,4<br />

5.8 -7.6<br />

5.2 1 5.6<br />

2.8 9.9<br />

8.9 M.6<br />

6.4 .6.0<br />

8.2 2 8 5<br />

5.0 :,6.4<br />

7.1-<br />

•9.6 ; 2.1 18.9<br />

BREWERIES<br />

3,2S5.4m<br />

3,043.8m<br />

151^m<br />

. ,86.6rji<br />

' 46.8m<br />

. 39i5m<br />

• 121,3m<br />

4,578.3m<br />

333.1m<br />

218,9m<br />

4,006,0m<br />

; 39.0m<br />

237^m<br />

-172.9m<br />

: 59.9m<br />

879.0m<br />

1,094.0m<br />

339.0m<br />

1,413.5m<br />

1945m<br />

275,3m<br />

1 15.4m<br />

AIIIed-Lyone (ee) ' 439<br />

Bass (ee)'. . 885<br />

Boddlngton 163<br />

Bulmer-(H P) ' • .1 6 7<br />

Burtonwood Brew 225<br />

Deventsh (JA)<br />

Grand Met (ee<br />

GREENALL'<br />

Greene King<br />

'443<br />

304.<br />

532<br />

293<br />

.521<br />

.449<br />

lensdne 975 .<br />

■ ‘ r3 -<br />

• -9 V<br />

" •-3 '^<br />

' r-14<br />

> 1 '<br />

185 ,<br />

q i.3<br />

: 5.7 ,<br />

Guinness (ee)<br />

Herdys &‘Hen . . . .<br />

Hlghlend Dlstl 192<br />

Merston Thompson 198<br />

Morlend<br />

SA Breweries<br />

Scot & New (ae)<br />

Veux Grp .<br />

Whitbread.'A', (aa)<br />

;Do *B‘<br />

Wolvrhm^tn & D •<br />

Young '<br />

720<br />

328 1<br />

296 .'<br />

279<br />

340<br />

£11h<br />

424<br />

530 •<br />

4.3 ?<br />

18.0-<br />

r -2 2 • ' 4.7„,<br />

r - 1 ; 20.0<br />

' : : ; . -9.7-1<br />

-1 5 . ‘10.4-.<br />

' + 4 15.3<br />

: 31.3 :<br />

+14 4.0<br />

•. . 4.0 •<br />

!\2A. ■<br />

..+ 1 0 :<br />

. - 7 12.7<br />

-8 ' '8,7<br />

-12«2 14.7 •;<br />

. ... ■ 14.7 ,<br />

-21 i; 9.3<br />

. - . 1Z5<br />

.4.1 13.1<br />

3.5 12.0<br />

3.5 ,14.1<br />

5.3 11i2<br />

1.927.7<br />

3.6 1 2 5<br />

1.5 21.6<br />

3.8.12.2<br />

3.3 13.1<br />

2.0 23.1<br />

3.4 11.7<br />

3 5 17.2<br />

2.125:5<br />

’2.0 22,2<br />

.1.7 24,9<br />

4*3,14*6<br />

3.1 ,19.0<br />

4 ^ ’12.7<br />

1.3 43.6:<br />

2.2 15.6<br />

Z4 31.0<br />

BUILDING, ROADS<br />

74,3m Abbey<br />

•294,9m Amec • • '••<br />

63,4m Anglle Sec. •<br />

49,9m Anglo Utd- *<br />

11.6m Amcllffeb.<br />

222,6m Attwoods<br />

992,9m BPB Ind i<br />

60,3m Beg I rick!<br />

192<br />

.•425 •'<br />

'397. .<br />

42 .<br />

233<br />

• 385<br />

,2 4 3<br />

204 .<br />

8.638.000 Befley.’ (Ben) Constr 127<br />

H 8.8m Bardon Group<br />

335,9m Barrett'Deve :<br />

• 56.3m BELLWAY ■<br />

■ -22.6m Ballwlnch' *.<br />

96.7m Berkeley Gp ■<br />

21.0m Bett Bros'<br />

49.6m Blockleys;<br />

Clrcl<br />

(Her ..<br />

- 38.7m Breedon RU<br />

1,392.1m Blue Clrcle'(ee):<br />

, 245m B °o tjH an,v)<br />

' ‘27.7m Br Dredging<br />

232.8m Bryent<br />

49.7m CALA • ;<br />

■ 500.0m CRH<br />

■ 6,825,000 Cekebreed Robey<br />

219.4m Ceredon .<br />

.,90.4m Churoh Chariea '<br />

< ' 14,5m Colroy<br />

. 43.3m Conder Grp<br />

•, 12.7m Copson PLC<br />

,672.0m COSTAIN :<br />

; .97.2m Counliyslde •'<br />

> 152.9m C rest Nicholson :<br />

' ,14.3m .Crosby Jem es<br />

. 47.3m Oougles (RM)<br />

21.4m Edmond Hldgs ,.<br />

"170~-<br />

188,<br />

222<br />

73 •:<br />

: 233<br />

.140<br />

395.<br />

. 538<br />

4 6 3 ’<br />

137:<br />

161<br />

.114<br />

' 141 '<br />

176<br />

130<br />

' 3 6 1 t.<br />

•114 '<br />

’ 166 ’<br />

-526 •<br />

219<br />

323<br />

; 270 -<br />

203<br />

•131 •<br />

.308 .<br />

42’a<br />

> 9 8<br />

214 .<br />

- 8 2<br />

• ,+2'<br />

-1 0<br />

- i‘r2<br />

• / .<br />

+11<br />

-2<br />

8 +2<br />

• -3<br />

..+2<br />

0 - 3<br />

• -8<br />

• -3<br />

-6<br />

-3 ,<br />

:-.-i5<br />

•'+ 2 ':'.<br />

+ 2 '.<br />

• +3<br />

19.3<br />

; 5.3 ..<br />

• n ,3 .<br />

• 8.0<br />

10.0<br />

.12,3<br />

3,3'<br />

3,5<br />

3,8<br />

15.4<br />

‘14.7 •<br />

'5.0 '<br />

5.3<br />

.5.1 ,<br />

11.8<br />

28.7. ■<br />

.20.0 •<br />

. 5.0.;<br />

8.0 '<br />

. 8.0 :<br />

• 3.9 •<br />

4.5,12.*i<br />

>1.3 12.4'<br />

;3.1,20.1<br />

'3.4 - 5,9<br />

2.6 21.4<br />

5.1 8.4<br />

•1.8":16.5<br />

2.8-10,1<br />

2.1 2 7 5<br />

8 5 9.9<br />

6 .6 ' 6.5<br />

6.8 5.9'<br />

2,3- 8.9<br />

.3.8 38.4<br />

i 2.9 14.2<br />

5 . 0 ‘9.4<br />

,4.3 10.9<br />

3.8 '16.1<br />

5.0 12^<br />

5 .3 .7 .2<br />

2.8 ' 9,8<br />

40.8m Erlth<br />

• 19.7rrrFedereted Hsg<br />

. 22.4m-FJnlan Gp; ••<br />

.• 67.1m Gelliford ' ' • »a<br />

4,785.000 Gibbs,4 Dandy Ord 275<br />

•82.3m GleesonrfMJ) 823<br />

' , 22.8m Herrison Ind 191 .<br />

• 198.9m Hewden*Stuert .1 4 5<br />

,149.0m Heywood WllJIems . 295.<br />

; 131.5m Higgs & Hill 390 •<br />

•• 37.4m .How Gp '.';. • 95<br />

■11An Howerd Hldgs . • 45 •<br />

r 318.2m Ibstock Johnsen ; 162<br />

• 26.1m Jervis (J) & Sons 145<br />

' . -158.2m LAtNG (J) ; . ’ 353 ,<br />

, 64.9m Lawrence (Walter) .140 ;<br />

' 89.0m Ulley (FJC) ' • • BO'j<br />

• 154.4m Lovell (YJ) - ; I ,"- 271<br />

' 535.4m Megnet (aa) 293 •<br />

, . ra.3m Mendere . 1 ’ , , 220<br />

•. •’452.0m Merley '1 6 3<br />

109.9m Mershells ’ ..' 265 •<br />

: 27.2m Maunders (J) : v-. 112<br />

, 125.3m McAlplne'(Alfred) -355<br />

- 176.2m McCerlhy 4 S ; 347'<br />

423.5m Meyer Int • ............; 438' .<br />

• 13.8m Miller (Stanley) .230<br />

. ,360.7m Mowlem (John) 423<br />

' 166.6m NSM .«• 97 -<br />

:190.1m Newarthin . £20<br />

133.0m Newman-Tonks 202'a<br />

1275m . Raraimmon 165<br />

r • ‘11.3m Phoenix Timber • 79<br />

,14.8m Pochina , : £14'^<br />

1 * ^-18.9m Prowling'^ ■* •'*■■■ 158<br />

1536.7m RMC Gp (aa) . . ’ 648<br />

1205m Ralne Ind • : 102* :'<br />

1,436.5m Redland (aa)’ ' 528 '<br />

537.1 m.Rugby;Group , 187<br />

■■•< 32.6m Sharpe & fisher .1 5 8 '<br />

• 15.4m Smart (J) • 153<br />

627.3m Steetley- ; .......- -420 • -<br />

. 2,137.8m TARMAC.(bb) - 299<br />

-28.5m Tay. Homes 134<br />

937.7m Tayior Woodrow (aa)603‘.<br />

68flm,TliDury Group - 438<br />

254.4m Travis Perkins<br />

• 41 J m Turriff -•<br />

, 79.6m Vibroplant<br />

. 54.8m Ward Group<br />

:65.7m Ward Hldgs '<br />

> ‘72.3m W atts.Biake ..'<br />

, '126.9m Westbury, ■<br />

• 40.1m Wfgglns ■•••<br />

166.2m Wilson Bowden '•<br />

312.6m Wilson.(Connolly)<br />

772.8m Wimpey G (aa)<br />

16.2m-.YRM, -<br />

253<br />

338<br />

199 .<br />

250<br />

127<br />

351<br />

255:<br />

258 '<br />

249-<br />

176<br />

274<br />

124 .<br />

- - 2 2<br />

. +1<br />

• -2<br />

-7<br />

- V<br />

‘-9 '<br />

• -7 .<br />

+2<br />

• -2<br />

-1<br />

-3<br />

.•'-1 4 -<br />

..-1- •:<br />

+ 1 .<br />

•• +4-.<br />

• -2<br />

>1<br />

-1<br />

i-1*<br />

-3<br />

• - 5 1<br />

- 2 •<br />

• ■<br />

- 8<br />

• - 4 ’j<br />

-2 ,<br />

• +3;<br />

+2<br />

-6<br />

-3<br />

+ 2 ‘<br />

: -13<br />

.; '+4<br />

.: + 3a<br />

-2'a<br />

•-2<br />

- -16^<br />

• +1<br />

• + 1<br />

- 7<br />

- 2<br />

- 2<br />

• - 6 .<br />

- 6<br />

:< +1<br />

-1 0<br />

• -4<br />

+4<br />

+12<br />

' -3 ,-'<br />

.-2 ,<br />

. -11<br />

•*.-2'<br />

• - 7<br />

5.1: ,3.9 22.5<br />

,12.0 3.3,13.5<br />

7 5.3 '4.8; 8.5<br />

2.7 ,1.6 .8.8<br />

8.7 -1 .7 18.0<br />

4.0 1.8 27.2<br />

15.7 '4 .9 -9 .6<br />

4.2 1.8 :7,8<br />

9.5 .4.7 r 7.3<br />

3 5 2 .4 ; 9.3<br />

‘8.6b' 2.1 15 ^<br />

2.3 5.4 6.3<br />

. *5.2 ,'5.3.10.6<br />

10.0 '4 .7 5.4<br />

.6 .3 7.7 11.7<br />

. 4.5 '4 .7 1 6 .6<br />

1 ':3.7 1:3 35.3<br />

10.9 1; 1:3 12.8<br />

: 9.1- ; 4.8 : 9.0<br />

3.7 2.610.7<br />

•15.3 .-5.2 •: 8.1<br />

• 16.0 .-4.1 8.7<br />

.3.5 3.7 12.1<br />

. 1 5 4.2 ;7.5<br />

. 7J3' 4.5 8.7<br />

.•••:1.0 0 .7. ; . .<br />

‘ 18.0 ‘ 4.5 .8.7<br />

7.3 5.2 8.8<br />

; • 2.0 , 3.3 7.4<br />

- • 8 .9 - 3.3 1 0 5 ’<br />

9 .7 : 3.3 17.4<br />

' 8,5- 3.9 15.7<br />

8.5 5.2 9.5<br />

10.0 3.8 13.0<br />

5.B- 5.0 9.3<br />

21.5 ' 8.1 10.7<br />

8.9. «2.0 7.9<br />

14.8 . 3.4 11.7<br />

- 5.3,; 2.3 12.0<br />

28.0 6.1 8,8<br />

‘ 1 8 7 0.9,505<br />

11J3 5.6 1 3 5<br />

6.7 4.1 6.4<br />

3.5 4.4 ; 9.8<br />

25.3 1.8 13.8<br />

- 4.5 2.9 9.6<br />

,19.3 3,011.1<br />

"'4.7 '"4.6 11.9<br />

17.1 3 5 1 2 .3<br />

6.9 3.7 11.7<br />

5.3 3.4 19.5<br />

7.7 5.0 1 4 .0<br />

•15.3 3.6 10.5<br />

10.3 3,4 13.1<br />

9.2 6.9 8.5<br />

20.0 3 .314.5<br />

22.0 5.0 .9.0<br />

* 8.0b 3 5 12.1<br />

^ 4.5 9.3<br />

3.6 1.6 1 5 5 .<br />

6.1 2.4 19.6<br />

3 JS 2.8 7.3<br />

19.9 2.8 1 4 5<br />

9.0 3.5 10.4<br />

10.0. 3.9 11.7<br />

: 9.0 ' 3.6 9.6<br />

4.0 2J3 ,9 5<br />

12.3 4 ^ 8.4<br />

.4 .3 3.5 12.0<br />

eHEMICALS; PLASTICS<br />

•355.6m<br />

255.0m<br />

. 84.4m<br />

5398.7m<br />

• v76.0m<br />

60.5m<br />

’ ' *50.6m<br />

• 366.3m<br />

196.1m<br />

252.4m<br />

• 104.7m<br />

8,378.000<br />

89.5m<br />

^ 236.2m<br />

" 36.8m<br />

2385m<br />

,4,991.0m<br />

7.935,6m<br />

• 595.7m<br />

; 71.5m<br />

3,088.0m<br />

.' 61 .Orri<br />

. • 22.1m<br />

; 566.2m<br />

; 305m<br />

95.3m<br />

28.9m<br />

' '64.7m.<br />

102.8m<br />

Aliied Colloids; -<br />

Amersham<br />

BTP ... . ■ ' •<br />

Bayer DM50 : -.<br />

B l a g d a n - ;/<br />

Brant Chams ■ ■<br />

Cannln^(W )<br />

C oalasB roS:,<br />

C roda’<br />

Ellis-&Everard ■ •<br />

European Colour .<br />

Evooa ••.<br />

Fos'eco.-: >'<br />

Halstaad (Ja m e s)''<br />

Hickson’ *<br />

Hoechst OM 50,<br />

Imp Chem ind (ea)<br />

L a p o r te .( a a ) ! ! :.<br />

Leigh . - '<br />

Norsk Hydro ' J<br />

P t y s u ^ '<br />

Raabrook Hldgs ■<br />

RENTOKIL’'' ® •:<br />

Sutcliffe Speakman<br />

Wardla Storays pic<br />

Wolstanholme; Rink<br />

Yorkahlre ICham .<br />

Yule Catto •• : r<br />

140<br />

503<br />

145<br />

£9 53a<br />

'190 -<br />

150<br />

242<br />

373 : i<br />

3 09'-'<br />

196 V<br />

1 9 0 .'<br />

.28<br />

'187; -<br />

285<br />

256 •<br />

228<br />

£953a<br />

£116a<br />

433V<br />

257.<br />

£l47a<br />

141;<br />

295<br />

294''<br />

158'.<br />

391 '7<br />

458<br />

350^<br />

125-:.<br />

" iV *<br />

-V<br />

. +1V<br />

• +3 .<br />

• - 2<br />

• - 1 2<br />

- I - '<br />

• -." -3 \"<br />

..' -2 0 ' :<br />

v • - 1 0 /!<br />

• -.1 1 ,-<br />

. +V ‘<br />

! • ..'• ;<br />

: •-1.V .<br />

;: •- +?*':<br />

' ' -2'-<br />

i + r .<br />

•: - 5 :<br />

- 2 i ; '<br />

•+ 2 .-<br />

'• + 2 '<br />

3,1 2 5 1 5 .7<br />

13.7 ; 2.7 1 6 5<br />

.8,6 5.9 15.4<br />

1*15 551*1*8<br />

: 8.0b 5.3 11.7<br />

; 8.7 3.6 10.9<br />

13.4 3.6 12.0<br />

■10.9' 3 ^ -9.6<br />

,13.3r 6.7 1 0 5<br />

• 7.6 - 4.0 13.9<br />

" ‘1 5 •'{4.3-30.4<br />

• 7 .0 -3 .7 :1 3 ,1 ,<br />

16.3 5.7-10.1<br />

11.7';:4.6' 9.3,<br />

.' 9.0> 3.9 11.1;<br />

1667'- 6*7 8*6'<br />

18.3 . 4 5 10.0<br />

■ - 7.8 ’. 3,0 21.1;.<br />

:3l3 • /2J3 155 '<br />

,5!8 V 2.0 26.3<br />

r: 5,7" 1,9'17.9.<br />

• 2 7 17-18.8<br />

J 16,9'- •4.3':9.5:<br />

20.7 , 4.5*10.2<br />

13.3 3.8 11.3.<br />

•4.5 3.6M4.4<br />

JpRAPERY, STORES<br />

, 102.8m Alexori • , : .• • 378 :- 4 •’<br />

. ;22.0m-Amber:Day.-- •"• • 50 • -2 'a<br />

• • 27.4m Aquascutum- 'At 102 •;. •-7-<br />

• 213.5m Ashlay. (Laura) 107, . ' +1<br />

' 10.2m Ausdn-Reed 392,<br />

• 73,3m Beattie (James) 'A* 160 • •<br />

:. 64.8m Bentalls • • ,. 204 -4<br />

• v ' 49.8m Blacks' Lala - '.-• '' =12 ; - 1 ’*<br />

• 208.4m Body Shop. , : 489 ,/ —11 :<br />

'9,490,000 Bramriar:. V - 81 ' ;;'+15<br />

37.1m Brown & Jackson "37?2 -r - ' 2 !<br />

9 6 Jm Brown (N) ' v ' 157- ^ + 2<br />

1,133.7m Burlori’(aa) 204 " !^3 *<br />

' . 14.8m Cantors 'A*-: 118- -:v® vl".-<br />

•• 20.2m C askat pic •>' 5 3 " -2<br />

v '40.1m Churchv' . v . , -375 ' • - 5 -<br />

826.2m Coata Vlyalla (aa) • 157’a ' +1,*2<br />

. 45:3m Courts Famlshars 186 • -2<br />

5350.000 DAKS Sim pson;‘A’ 585:.-; ;+ 5 ':<br />

' '40.8m' DawhIret;(IJ) ',: . 44' ■<br />

; 588.1m Dixons Grp (aa) 153'2 + 3 'a<br />

, -448.5m Dunhlll * . : 2 67-. +13<br />

•, • ;37.5m ERA'Gp . ' • 59 \ + 4 .<br />

. ■?11.2m Elys'(WJmWadon) 935 +10<br />

'•74.0m Empire Stores 1 191 • : -1<br />

101.9m-Etam' : • 156' - +4 •<br />

168.6m Fine Art.Dev 215<br />

9.633.000 Fomilnster"- -. 3 2 5.-. . . , .<br />

25.9m G ent'SR : 7 2 ' « + 2 •<br />

; 29.7m Goldberg (A) • 174 + 2 '<br />

85.0m GUS > •. ' .£15^<br />

:2.475.1m ': Do .'A' (ea) £10 + ’a<br />

18.3m Helene Pic ' 33 •+1,2<br />

•.87.6m Hoag'Roblnson plc 127<br />

17.0m Hones. . . , . .56<br />

9.682.000 House Of Lerbse 170- • - 5 : ;<br />

1;191.2m’KIngfIsher (ae) 277 . ' +6<br />

• ••20.9m Leslie Wise Gp 67' — • +1<br />

. . . 52.0m Uberty •••; : • £11'a .1<br />

4,241 .om Merks Spencer (aa) 159 . -1<br />

185.5m MENZIES (JOHN) 334 - ' +8, -<br />

- . 37.4m Moss Bros r , - . 2 3 3 .; - +5- •<br />

' 568.4m Next-(ee) . -152 + 9 '..<br />

•14.3m Oliver (G) H - : • 555 ■ ?<br />

. ,100.6m Pentos , ,. .j; 1 0 3 ' +2 .<br />

/444.2m Retnere'Group : 213 -. -2<br />

6.449.000 S .ft U Stores 71 . -1 ><br />

',1.821.0m Seers (ee) • / 121 'a .-+2'a<br />

/483.8m SMITH WH 'A' (aa) 289 '+7' '<br />

, 25.9m Sock Shop . . ; 118<br />

72.4m Steed & Sim pson'A '129 ' +4 ’<br />

683.2m Storehouse (ae) . 162- - -7<br />

26.1m T S -S Stores , 145 :<br />

. 94.5m TIbbet & Britten 288 r - 1<br />

25.6m Tie Reck',-' . 7 5 ,,' ,-4i.'<br />

118.9m Time Producte , ; 231- +1<br />

. 29^m Vlvet- " ■ 72 ,+ 2.<br />

. 321.0m Werd White 271 '- 1 :<br />

' 268.1m Wlckes . • 213. -9<br />

33.1m Wilding Office 207 . . .<br />

12.7 ' 3.4 11,9<br />

--•' ' ; 82.5<br />

: 4.0 3,9 15.6<br />

'3.1 2.9 15.3<br />

11.3; 2.921.8<br />

- 5.5 -3 .4 15,7<br />

,4 .7 2.3 2 8 5<br />

• 0 5 T .7‘14.8-<br />

,-3.0'. 0.6 36.4<br />

0.7 *1’9-1 1 0<br />

'. 6.7 4.0-10.6<br />

1 1 7 * 5.7' 8.5<br />

3.3' 2.8 10.9<br />

4.0 7.5.. 8.1<br />

16.0 ’ -4.3 1 1 5<br />

12.0 '7 .6 9.8<br />

: 7.5 . 4.0 17.6<br />

14.6 i 2 ^ 9.3<br />

1.'4.. 3.2 8.9<br />

: '5.9- :3.8 ! 9.5<br />

• • 4.1,; 1.5 20.2<br />

3.7 6 5 10.7<br />

18.0 1.9 21.4<br />

7.4 . 3.9 23.8 :<br />

8 5 ' 5,3 8.0<br />

9.3 - 4.3 12.8<br />

11.1 • 3.4 .9.3<br />

. •2.7 - 3 .8 1 3 5<br />

7.5 4.315.3<br />

39.3b 2.516.0<br />

39.3 3.9 10.3<br />

2.4 7 .3 9 .4'<br />

6 5 , 5.0-10.8<br />

4.0 7.110.3<br />

13.3 ' 7.8 12:0<br />

.14.0.'. 5.1, 6.9 •<br />

•4.0- 6.0 9.4<br />

•14.1 .1.2 24.2 .<br />

7.0 ‘ 4.4 13.1:<br />

7.6 :-2.3 11.0<br />

.3 .9 ,1.7 28.4 ;<br />

' 9.9 6:5 12.3.<br />

20.0 3.619.0<br />

2.4 2.3 .9,4<br />

7.2 , 3.4 10.0<br />

. 5.3 '7 .5 7.1<br />

6.3 . 5.2 12.9<br />

12.8 " 4.4 11.8,<br />

2.7 2.3 21.2<br />

8.5 ' 5.017.9<br />

11.7 7.2 8.8 -<br />

3.5 2.4 12.6 •<br />

8.0 2.8 19.0<br />

.1.8 2.4 13.3.<br />

7.1 3.1.12.7<br />

. . 0 . . ;125<br />

1 2 5 , 4.5 -9 .0<br />

• 4.7 * 2 5 11.6<br />

. 5.3 2.8 1 5 5<br />

ELECTRICALS<br />

• '.-96.3m<br />

■' 75.9m<br />

•14.5m<br />

52.1m<br />

. 22.7m<br />

883.7m<br />

40.6m'<br />

'-'11,0m<br />

4.415.000<br />

:207.1m<br />

. 15.6m<br />

• 38.5m<br />

1,158,6m<br />

•'-.100.5m<br />

• '. 50*4m<br />

. r 39.8*^'<br />

298.9m<br />

159.9m<br />

,18,577.0m<br />

5.720.000<br />

5,018.0m<br />

95.9m<br />

48.1m<br />

••116.6m<br />

30.7m<br />

•148.9m<br />

'46.0m<br />

rAB Elect; .:.■ •'.<br />

ABB. Kent .:<br />

Admire! Comp<br />

Albe . • , *i*..<br />

Alphameric '<br />

Amstrad (ee). '<br />

Apricot Computers<br />

A rien.' ^ ;<br />

Audlo.Rdelity •'<br />

A u to 'S ec1 •. ‘ '<br />

Beacon Gp-<br />

Bennett &-Fountain<br />

BICC (eeti<br />

BSR<br />

.Blick .".•:<br />

Boriend- •%, .<br />

Bowth'orpe •• ' s<br />

Britannia Securi^'<br />

BR TELCOM (an)<br />

Buigin (AF) ’A'. '<br />

Cable, Wiralass'(aa)<br />

Cambrldga Elec •<br />

Cambridga Instr<br />

Chlorida<br />

Computar People<br />

Cray:EJact ■.<br />

Crystalate •<br />

391<br />

100 •<br />

138<br />

.141 -<br />

115<br />

152<br />

83<br />

102. •<br />

55 .<br />

288<br />

50<br />

91<br />

490<br />

59’2<br />

250 , '<br />

81;-<br />

192.<br />

205<br />

275 .<br />

22<br />

490 .<br />

225<br />

4 9 /"<br />

4 9 .. ■<br />

243<br />

171‘.- 1<br />

146•-.<br />

• +4<br />

- r<br />

+ 2 ,<br />

• '"-is* '•<br />

• +15<br />

r +*9*«-<br />

• -5<br />

,-2 •<br />

. -2>i<br />

-7 - -,<br />

• + 2’a<br />

- 2 ‘"<br />

-■•r1- :<br />

+4.<br />

• + 9 "<br />

+V‘,<br />

+27<br />

• -5<br />

-2 .<br />

-6<br />

+17<br />

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4.0* 8 5<br />

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5 5 b . 2.8 12.5<br />

3 5 -V.6'16.0'<br />

13.3 4.8 12.1 :<br />

• 0.3 1.4 12.7.<br />

9.8 2.0 24.7<br />

12.5- 5.610.0<br />

•1.1 • 2.2 18.V<br />

, 2.7 5.5 22.8<br />

6.5 2.7 13.8<br />

'4 .7 2.7 17.8<br />

8.0 ; 5 ^ 10.7<br />

Capiia!i*alion ’<br />

. . , ■£•' . -Company<br />

• Price Ch'ge Gioss Oiv ’<br />

1 fast on-.-, div • Yld .<br />

Friday week pence %. ^.P/E<br />

1 7703,000 ODT'Group. - -119<br />

:, 17^m 'O ala Elec ‘ - '131 '•<br />

: 1 -49.0m Domino : - - ■ ‘ 245<br />

• - 71.9m. Oowdlng '4 Mills • ' 73'a<br />

-, 395.6m Electrocomponants ,194 v.<br />

6.459.000 Elec Data Process 1 96 .<br />

. 27.6m Electron House' 158<br />

; 2,751,000 Elactronlc Mach ‘ • 74 '<br />

129.8m Emass ‘ ' - , .452<br />

• ,; 1385m Eurotharm1, - • . ' 3 2 2 -<br />

' 763.5m FKI, Babcock (aa) ‘ 1174<br />

• -198.6m' Famall Elect. : ‘ ,149<br />

• 790.8m Ferranti Inti (aa) r '1 0 5 .;<br />

; . -18.6m Forward .Tech i. 55<br />

! 6,270.0m GEC (aa)' • ’ '; 'r '2 3 5 ■<br />

' . 69.4m Hariand Simon ,:5 0 5 ‘<br />

: 7.089,OOO HIghland'Elact - 81 ;<br />

185.1m Hoskyna G p ‘ . .: 410 !<br />

. 8,893,000 ITLG p f .r “ - 1 ..2 8 '<br />

• V 55.5m Jones Stroud' • 235 •<br />

• ' T 2.1m Kode ' ' . . - ,215'<br />

; '18.3m Lee,Refrigeration. - 303<br />

76.1m Life Sciences ' 72<br />

■ . , 220.6m Loglca. - . 3 6 5 "<br />

.- 53.9m Macro 4 - ' 246<br />

= 685m Memec - i -251 1<br />

. - v 4 75m ;<strong>MB</strong>S - 47<br />

1 ‘ 92.0m Microfilm Repro : '468<br />

: 25.6m Micro Focus • 207: ■<br />

: 88.4m MIcrogen • ;234<br />

,. • 121.5m Mitel • • • 154<br />

,. 487.4m Molex . ■'••£19Ia-<br />

:11.1m Multttone'Elect 74:.<br />

.■.11.7m Murrey Elect - '.i 39<br />

: - 10.0m Newmark (Louis) : 338<br />

305.9m NEI . 129‘a<br />

; . ..12.3m NMW Comp 60<br />

- 41.7m Netlonel Telecom '123<br />

• ; -10,0m Newmark (Louis) • 338<br />

• 5 15m Nor<strong>the</strong>mber “ 5 8 8 .<br />

• 22.9m Ocebnfcs . *21<br />

- '101.6m Oxford Instruments '211 •<br />

. 39.5m -P-E Intemetional 243<br />

74.7m P & P '; 223<br />

l3 l,8 m 'P ee k . * ,40<br />

? ; 10,3m Philips Fin 53*% £80'>.<br />

'■ 2,953.1m. Philips Lamps N/V E103*<br />

8.508.000 PIFCO 372. :<br />

- 5,479,000 Do ‘A* Ltd .Voting 314 '<br />

1,984.6m Plessey (ea) . 267<br />

20.0m P resses ■ 125<br />

• • 15.6m Quotient 'v. - -115 • .<br />

2,426.5m RACAL ELEC (aa) 379<br />

, 3,300,0m Racal Telecom (aa) 330 ‘<br />

4.209.000 Ross , r ' -96 . ;:<br />

157.1m SD-Scicon ‘ 78 "<br />

417m Scantronlc-. ' 141 ••<br />

*' 77.1m Scholes. Grp' 225<br />

261.9m Sem e Gp< .. -316<br />

r -12.3m Slntromr-:V : 128 ,<br />

! . 30.8m Sound Diffusion' 22*<br />

1,893.1m STC (ee),- V. ' 306<br />

, 2,243.6m TDK . £18*8<br />

•• 35.4m-Teiemetrlx ••'. .4 2<br />

1,895.4m.THORN EMI'(aa) 887<br />

i . 47.7m Tunstall • . . 300<br />

315.3m UEI : 449<br />

206.8m Unltech . 329 '<br />

100.0m Utd Sdentlflc . : 180<br />

1375m VG'Instruments 273<br />

64.1m Volex . 420<br />

• '< 12.8m Western Selection 8 9 '<br />

.• : '66.0m .Wholesale-Rttlngs 470<br />

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17.9 3.8 14.9<br />

3.8 10.4<br />

4.5 8.8<br />

3.4 16.8<br />

1.8 10.4<br />

3.9 115<br />

1.7 27.0<br />

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1.8 23.9<br />

4.3.15.7<br />

0.9<br />

2.7 11.0<br />

0.5<br />

,3.9 11.7<br />

' ■* 12.9m<br />

• •56.6m<br />

26.0m<br />

' - .118.4m<br />

• - 31.5m<br />

• . 21.4m<br />

139.8m<br />

• 742.0m<br />

• 28.5m<br />

-, 555m<br />

I '.45.7m<br />

■ 2,840.000<br />

t 307.7m<br />

!- '4 5 ,8 m<br />

; 17,2m<br />

8.886.000<br />

42.9m<br />

i • 73.0m<br />

63.3m:<br />

• 107.5m<br />

, . 22.4m<br />

'5.273.000<br />

• 1 8 7 .2 m<br />

34.8m<br />

158,8m<br />

• 92.8m<br />

•’ 212.4m<br />

85<br />

280<br />

53<br />

389<br />

100<br />

5 2 5<br />

180<br />

•AC Hldgs<br />

Ablngworth • • .■•,..<br />

Altken Hume .<br />

Antofagasta ;<br />

Ass Henriqueis '<br />

Authority Inv -^ •<br />

Berkeley Govett<br />

Br.Commonwth (ee)205<br />

Bums’Anderson :* 101<br />

Camellia .. . £22<br />

Cendover. 633<br />

Centrewey: • ' :-75'<br />

Christies lnt ' .890<br />

Domlnlm Int 82<br />

Hervey&Thompson 410<br />

IFICO ; 1 *<br />

Ivory & SIme<br />

UT .<br />

Meledle • •<br />

Net Home Loens<br />

Newmerket *<br />

Perrish P lc‘ ’ ,<br />

Rlt Cep Prtnre •<br />

SHvermlnes Pic<br />

Singer S Fried<br />

Sotnebys<br />

Templeton Gbrth " .177 .<br />

- 1 5<br />

•1.7.<br />

17.3<br />

. 3.3.<br />

35<br />

140;<br />

128<br />

241<br />

108<br />

163<br />

.63 •<br />

113*2<br />

141<br />

•71<br />

£163*<br />

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3 5 '2 3 .9<br />

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1.2 46.8<br />

2 5 30,8.<br />

1 4 7<br />

2.8 15.1-<br />

9.1 7.9<br />

4.2 14.5<br />

9.4 ' 5.0<br />

5.5 16.8<br />

7.8 .11.3<br />

3.8 36.2<br />

8.7 9.8<br />

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• +1- •’ • 2.7 3.8.12.7<br />

+1V •••..<br />

• + 2 ' '4 .3 2.4 : -<br />

7,912.7m'<br />

264.4m<br />

399.9m<br />

36.9m<br />

89.4m<br />

• 65.6m<br />

/1 6 7 7 m<br />

33.9m<br />

.‘ 270.8m,<br />

. 323.8m<br />

• 228.8m<br />

102.6m<br />

38.8m<br />

58.0m<br />

American Express £19<br />

BritanniaArrow . 114<br />

Electra . - *266<br />

Frost Gp ■ 260<br />

GT Management 162<br />

Goode DurTant 129<br />

Handereon Admin :605 -<br />

+1<br />

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10.7. 4.120.8<br />

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iCH . .<br />

MAI'. • .<br />

MAM ' .<br />

M & G<br />

Rutland • : ;<br />

Smith New Court<br />

Tyndall Hldgs<br />

50 '<br />

86:'<br />

460:<br />

• 305<br />

; 45<br />

129<br />

105<br />

■15 --36.0 4.5:12.9<br />

- 8 . 6,0 12.0 4,7<br />

5 7 , 6.6 8.4<br />

16.7 3.6 11.8<br />

. - 1 7 ' -115: .3.7 15.1<br />

0.8 1:B'14.5<br />

6.4 • 5.011.1<br />

7.3 7.0 1 2 3<br />

, # + 3<br />

s “ 5<br />

+ 2<br />

• - 5<br />

r 1,479.3m AB R » d (aa) - 331.<br />

1,760.0m ASDA Group (a il . 152<br />

6.498.000 Alpine Group - 33<br />

23.1m Appletree Htas . > 130 •<br />

1,660.1m Argyll (aa) 182<br />

40.0m Ashley Group ‘ 69<br />

31.6m A ssoc Fisheries ' 180<br />

12.6m Banks (Sidney O .. 188<br />

‘ 39.9m Barr (AG) 633<br />

165m Batleys 107 •<br />

; 744.1m Berisford Inti 155<br />

754.2m S o o k a r -■ :445 •<br />

20.0m Borlhwick.<br />

111.8m Brake.Bros' 250<br />

T 0 7 ,7 m B u d g a n .M . , 'i,.-124<br />

2,213,8m Cad Bury-Schwp (aa)339<br />

,13.2m Carrs Miiiing . . 193<br />

v 36.5m Clifford Foods 263.<br />

13.4m Cuildns - 4 5<br />

'773.im Dalgety’faa)! • .. 349 -<br />

.6,117,000 Danlals.S, •. - : .60 •<br />

4.524.000 England (J) ‘ ^- - 75 -<br />

< -212^m FII Fyffas ‘ ■ - .126<br />

. 324.9m ,Rshar (A) 1 9 0 V<br />

262.7m FITCH'LOVELL. 263’ ■<br />

1,606.7m.Gateway Corp (aa) 181<br />

- 2 11 JS' 3 5 11.0<br />

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4.9 '‘8 5<br />

2,7 15.7<br />

3.0 15.4<br />

5;4 11.5<br />

5.4 12.2<br />

3.4<br />

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4.3 -10.6<br />

3.6 14,4:<br />

5 5 9 5<br />

5.1 10.8<br />

5.9 13.0<br />

4.1 . .<br />

.'.188.5m G eest ., 269<br />

'•4 9 4 ^ m Hazlawood.Foods '244<br />

1 ,096.0m;Hillsdown (aa)'. r . 264<br />

. 38.1m-Huntar Saphlr . ' : -155<br />

' 290.6m,lceland Frozen-- ' : ’340.'r<br />

628.1m Kwlk Sava '••• 412 •<br />

6.118.000 Leas (John J ) ';\ '^ 2 5 ^ '<br />

3.497.000 Lovall (GF)- 370 ;<br />

•, :11i8m .L ow (Wm) ‘ r - ^ . 288 ,<br />

•'■ !81.2m'Mat<strong>the</strong>ws (Barnard) 6 4 V<br />

11.2m .Maat Treda Supp .4 3 0 '.<br />

282.5m Morrison (W) " ' 280 .<br />

50.4m Ntchots (JN) (VJmto) 270<br />

;5 7 .'<br />

293 .<br />

178 .<br />

174 .<br />

:■ 6 3 ':<br />

383<br />

37.0m Normans1..<br />

.; .6477m Nlhn Foods (aa) *<br />

, l :170.1m Nu'rdtn.4 Paacock<br />

. 1 •.-.•17.9m, Park Foods<br />

6.163.000 Ptarmigan--'-- >.<br />

-1,324.5m RHM (ee) > . ' ____<br />

;3,418.0m SAINSBURY J (aa) 228<br />

•.' 387.8m Selvesen (Chstn) 139‘j<br />

776.9m Tata fi.Lyle ( a a ) 234<br />

3.039.000 Tavaner- • '. - ‘ • : 105<br />

2 ^ 0 6.0m T esco (e e)" 1 ■- • 164<br />

89.9m Thorntons • '143<br />

8235m :UNIGATE (aa} ; :: 358<br />

1,297.7m 'Utd Biscuits (aa) 312<br />

i; 34,3m .W atson'& Philip , 217<br />

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2.2 1.5 19.7<br />

17.3 '4.8 14.3<br />

16.7 . 5.4 11.4<br />

12.5 5.8 14.8<br />

91.4rh<br />

28.6m<br />

2,271.1m<br />

157.9m<br />

> 564.7m<br />

548.8m<br />

:21.0m<br />

238.9m<br />

269.3m<br />

2,230.5m TRUSTHSE FT (oa) 285<br />

i Balhavan .<br />

1 Friendly H otala'.<br />

1 Ladbrdka (a a ). -.<br />

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1 Mount C hajfotta:<br />

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1 S a v o y H o ta ls’A*.<br />

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264<br />

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174<br />

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0.7- t 8 37.1<br />

.3.0 ,17 17.6:<br />

3.0 2.4 14.6<br />

0.3 1.4 15.4<br />

7.3 0.8 29.9<br />

2.6 2.515.3<br />

1 1 5 3.9 1 6 5<br />

31.4m AAF In v ,. ' '<br />

■ 253.9m AAH<br />

T. 873.5m ADT (ee)<br />

46.7m AIM'<br />

:238.0m AMI Heelth<br />

50.8m APG<br />

: 438.2m APV. ; ' -<br />

.' 175.9m ASW : . . ,.. '<br />

41.2m A aronson. ‘ ■<br />

.• 108.5m Adwest ; --<br />

:24.1m Aerospace Eng \<br />

.i,63.4m Alexendra W 'wear<br />

' 295m Alumesc , .<br />

:11.0m Amber Ind<br />

, 16.1m Armour •<br />

37.3m Ash & Lacey<br />

• :]14.8m Ass Br Ena .: -<br />

T 25.7m Avdel<br />

5685m AVIS EUROPE<br />

101.2m Avon Rubber- •<br />

13.9m Ayrshire Metal<br />

1,750.0m BAA (ee)<br />

' 379.5m BBA -j • *<br />

1,862.4m BET Ord'(ee)<br />

120.0m BM Gp .*<br />

2,210.7m BOC (ee) .<br />

•154.5m BSG<br />

86.7m BSS Group<br />

6,074.0m BTR (ea) ,<br />

, 69.8m BWI .<br />

7,696,000 Beiley (CH)<br />

211.7m Belrd (Wm) - •<br />

• .145m Berdsey,<br />

956,3m Barlow Rend ;:<br />

183'<br />

388<br />

i s e ^<br />

445<br />

359<br />

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150 •<br />

268 ,<br />

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238<br />

425 •••<br />

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2,700,00(j'Berton fr e n s p o rt: - 540<br />

.. 21.8m Beynes (Cheries) 33<br />

9,592,000 Beer’Brend / '<br />

" -14.3m Beeuford<br />

. 527.8m B eezer PLC (ee)<br />

4,681.5m Beechem (ee)<br />

. 38.0m Benlox ■ ■ .<br />

• 43.0m B espek:, ; 1<br />

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3.9.125<br />

5.3: 9.4<br />

3.7 1 3 5<br />

4.5 12.5<br />

2 .6 1 3 5 -<br />

845_m Berrett (H)<br />

1 Tren:<br />

182.2m BIbby ( J ) .<br />

,057,000 Blllem’ (J) •<br />

23,4m Blrmlngnem Mint<br />

2 85m Bleck Arrow , :<br />

83.6m Bleck (Peter) v , .<br />

^ 877m Blackwood Hodge<br />

880,2m Blue Arrow (aa).<br />

. 875m BODYCOTE<br />

2,426.3m BOOTS'(bb) .<br />

4,600.000 Booth IndS ;<br />

573.3m Boweter<br />

490,4m Bowatar Inc *<br />

2 25m Braithwatta •<br />

26.6m Brasway ’ •<br />

113.1m Brammar<br />

• ':10.9m-Bridgand Gp<br />

108.6m Bridon :<br />

21.6m'Bridport*Gundry -.<br />

1,106.0m Briarfay Inv<br />

1,419.2m Br Airways<br />

4,538,000 Br Bldg i Eng App375<br />

" 11;<br />

220*<br />

191<br />

617'2'<br />

71<br />

322<br />

54<br />

•181<br />

127 ‘<br />

165<br />

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262<br />

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485<br />

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71<br />

267<br />

75<br />

'193<br />

216<br />

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•' +5 - 32.0t 5.9 :.;,:•<br />

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2.6.<br />

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• -7<br />

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4.8 12.1<br />

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1 5 22.4<br />

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: 357.<br />

172<br />

•i 204<br />

'2 6 4<br />

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: £1334<br />

306 '<br />

; 317<br />

333 •<br />

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183<br />

136<br />

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21.7m Hey (Normen)<br />

526.9m HEPWORTH<br />

145:<br />

273<br />

248<br />

105<br />

185<br />

353<br />

104<br />

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422<br />

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‘ 3.544.0i)0 Hewitt (J) :<br />

6.336.000 HIghgete & Job<br />

:v ,34.1m Hlgh-Polnt.'.<br />

• 71.0m Hoimes Protection<br />

52.8m Hopklnsons<br />

157.8m Howden .<br />

118.9m Hunting Assoc ..<br />

• 47.0m Hunting G roup''7,‘'<br />

. — — Hutchsn Whampoa.<br />

•714.0m iMl (aa) . •. ' 224<br />

• :36.8m ISA Inti/ ' .‘ ,1 9 0<br />

• 25.7m Isotron • ,209<br />

• 39.6m JS Pathotoay - '3 0 1 \.<br />

; -185m Jacksons B ourm 219.<br />

975.6m Jardine Math . 1 5 7<br />

1315m Johnson Cleaners 683<br />

• 685.8m Johnson Matthay 39B<br />

76.5m Johnson & FB 56<br />

44.3m Johnston 430<br />

.. -16.0m Jo n es & Shipman 133<br />

•. 20.4m Jourdan (Thomas) 1 2 6 -<br />

6.450.000 Kalamazoo • 35<br />

45.7m Kalon ,-. - 39<br />

,52.6m Keep 543<br />

. 12.7m Kelsey Ind 415-<br />

212.0m Kershaw.(A) ;: 610<br />

; 20.4m' KleervEZe .. . . . 335<br />

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3.9 114<br />

4.9 11.4<br />

;6,1 114<br />

8.4 12,1<br />

2.3 15.2<br />

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2097m Lelrd '<br />

3.320.000 Lawtex -<br />

r 52.1m Lee (Arthur)<br />

14.7m Liliesnall<br />

177m Unread -<br />

8700.000 Lockar;(t) *<br />

,'269.7m Lon Inti —<br />

. 1 63.9m Low & Bonar -<br />

,919.9m <strong>MB</strong> Group .(aa) '<br />

-. 61.7m ML HdgS * '<br />

•■: .37.7m*MS Ini”<br />

i,3 6 5 m MY-Holdlngs<br />

• 70.6m Macarthy -. -'<br />

, '.ea .S m Macfarfane ,<br />

• 245.4m'McKechnie ■ /<br />

>■;.64.1m McLaod Russel ;<br />

8781.000 Magnolia'.<br />

170<br />

263 -<br />

83<br />

168 ^<br />

208<br />

151<br />

, -29 .<br />

217<br />

- 237 .<br />

. 269 .<br />

124<br />

139;<br />

•262<br />

212 :<br />

318<br />

1 3 5 ’.<br />

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78.0m M ancheslar Ship ' *£19<br />

42.6m MANQ BRONZE 259 .<br />

:66.0m Marling- ;<br />

,!T3.8m 'M aybom<br />

" 161.5m'Meggltt ^<br />

'. . '50.7m Malal .Closures ,<br />

11 45.9rh Matalrax :: :}•<br />

'. .-30.3miMtchaal,Page<br />

6.712.000 Mining & ATd<br />

88.6m Mollns •<br />

... ,56.5m Monotype , ‘ •<br />

• 309.7m MORGAN CBLE<br />

• ;‘54.8m NMC Group<br />

1 .11.4m Nash ind ,-.r,<br />

7.203.000 Neepsend . '<br />

:• 72.6m.Neill (J)’: ,* •<br />

. 58.3m Nestor-BNA-^.<br />

•'12.7m N obla'4?Lund<br />

; 26.3m Nobo Gp .<br />

- 426.6m NORCROS' -<br />

193.4m Nu-Swlft •<br />

7.534.000 Office Elect Mach<br />

59,7m Optical & Med<br />

-• 174.9 m Parklield •:<br />

. 262.2m Pentlandrlnd r .: .<br />

55.5m PergamonAGB- "<br />

• -128,5m Photo-Me' >.-<br />

1,766,3m PlLKINQTON.(aa)<br />

'92.8m Polyplpe i<br />

: 175.3m Portals-» • . . . ,<br />

41.8m Portar Chadbum<br />

240.3m Powall Duffryn •<br />

71.1m Powarscraan--<br />

, 42.4m Prestwich H ldgs; . . . .<br />

168.7m Proudfoot Alexandar273 •<br />

3.441.000 - Radiant 'Matal .253<br />

2,034.7m Rank Org (aa) 940.<br />

127.2m Ransome sim s 454 •<br />

11.7m Ratdiffs (Gt Bridge) 250<br />

-121.5m Racham - • 4 5 8 ’<br />

15295m Reckitt Colman (aa) £10Ta<br />

51.4m Read Executive. 98<br />

3Z6m 'Ralyon - - : 207 v<br />

,8 t2 m Ranlshaw. :<br />

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-2,307.2m Reuters (aa) :<br />

9.524.000 Rexmore<br />

I 17.4m Ricardo Eng<br />

12.5m Richard (Laics) ’<br />

, 13.0m Richardson West<br />

39.3m R obertson:<br />

-141.2m Robinson (Thomas) 490 •<br />

111.4m Rockwere .65<br />

8.762.000 R opner. 1 3 4 ’<br />

• 44.5m Rotork-i , -1 5 9<br />

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239<br />

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3.9 12.7<br />

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5 5 18.3<br />

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4.8 115<br />

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4,933,000.'SI.<br />

. 449.3m SKF ‘B': '<br />

52.8m Sele Tllney<br />

-51.1m Seville Gordon (J)'<br />

246.8m SCAPA • .. •<br />

70.9m Scot Heritable<br />

: • 29.2m Scott: A Rol<br />

25.4m S ecuricor. : -<br />

•411.8m Do 'A' •<br />

' '42.7m Securiguerd<br />

‘ 498.2m Sacurity Serv<br />

• 102.2m Sehlor Eng •<br />

5,207.000 Shiloh • . :•<br />

37.5m Sldlew ..<br />

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80.1m Sllentnlght: • .<br />

256.4m SIMON ENQ<br />

36.4m Slnclelr (Wm)<br />

66.5m Six Hundred<br />

155.1m Sketchley<br />

1,428.1m Smith & .Neph<br />

27<br />

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52<br />

279<br />

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670 ,<br />

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1 Neph<br />

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_a<br />

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1.6 19.7.<br />

3.7 135<br />

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0,9<br />

9.0<br />

2.0<br />

7.9<br />

,4.7<br />

6.7 13.9<br />

4.2 14.6<br />

3.8 11.4<br />

4 5 15.1<br />

2.1.18.9<br />

0.3 70.4;<br />

0.3 62-2<br />

3.5.13.3<br />

0.641.9<br />

4.9 11.3<br />

5.2 5.8<br />

6.4 9.0<br />

2.7 10.6<br />

5 5 11.6<br />

4.7 11.7<br />

2.6 21.0<br />

6.6 1 0 5<br />

6.0 16.1<br />

3 5 16.0<br />

. 3.7 14.7<br />

3.3 38.1<br />

4.2 12.4<br />

4.3 9.3<br />

0.3 .185<br />

6 5 .'9 .5<br />

.1,7 14.7<br />

4,412.1 '<br />

2.7 3 3 5<br />

15.3 4.9 12.1.<br />

1 2 5 8.0 .8 .0 -<br />

-10.0 4 5 1 1 5<br />

•147 5 5 145<br />

22.8-<br />

.10.7 4 5 9.9 -<br />

10 5 5.7 125<br />

4.5 1.9 19.0<br />

8.9 3.0 10.5<br />

21.3 5.7 105<br />

12.8 5.1 20.6<br />

12.7. 5.1 -11.8 '<br />

13,8m.<br />

. 77.0m<br />

1 39.5m<br />

6,733,000<br />

' 4,175.1m<br />

5,900.0m'<br />

11.5m<br />

' 1785m<br />

• 20.6m<br />

' : 4B3.8m<br />

38.7m<br />

• v ,133.2m<br />

78.1m<br />

I 13.2m<br />

»110.1m.<br />

'.81.4m<br />

' 42.6m<br />

321.7m<br />

172.7m<br />

4,1215m<br />

105m<br />

: 5,153,000<br />

. /8iB.6m<br />

•; 26.9m<br />

.'6 0 5 m<br />

97.0m'<br />

; 195m<br />

' 17.3m<br />

811.4m<br />

' 6,489.000<br />

591.7m<br />

3,140,000:<br />

•15.3m '<br />

61.5m<br />

. 1 5.7m<br />

379.0m,<br />

• 28.7m<br />

Triplax Uoyd<br />

.Unldare •<br />

Unlgroup<br />

Unilever (aa) • • -<br />

Unllavar(NV)<br />

U ldG aurantee ..<br />

VSEL- -<br />

Varson<br />

Vlckars .<br />

Vlntan '• .<br />

Volkswagen r<br />

VOSPER THORNY<br />

Wede .Potteries .<br />

Wagon Ind .<br />

Walker, Gneenbank<br />

Warner Howard .<br />

Waterford, Gless<br />

WEIR ' '. •<br />

Wellcome (aa)<br />

Wetlmen •••'-.<br />

Westerly '<br />

Westmex ■’ •.- .:<br />

Whatman Raave<br />

W hessoe '<br />

Whewey -<br />

Whltecrott<br />

Wilkes (James) ■<br />

Willeire Gp . ,.<br />

Williems Hldgs (aa)<br />

Wills Gp -<br />

WDLSELEY<br />

Wood-(Arthur) “- *<br />

Wood (SW) ' '<br />

Worcester -; • -<br />

Wyndhem Eng<br />

YALE & VALOR<br />

Young (H): , 1<br />

130<br />

172<br />

4 1 0 '<br />

50<br />

526 '<br />

•£387a<br />

24'2<br />

.4 9 9 .<br />

27h<br />

161<br />

175 .<br />

£111 '<br />

247<br />

129<br />

.360<br />

•67<br />

185<br />

78<br />

290<br />

488<br />

47*2<br />

48<br />

: ’sg :-.<br />

410<br />

.145.<br />

'115 1<br />

'304 :<br />

239<br />

23<br />

262 !2<br />

91 ;<br />

280 '<br />

157<br />

196<br />

225 '<br />

280<br />

.1324'.'.'<br />

175 --<br />

-7 •<br />

+10*<br />

. -1<br />

• ^■11<br />

. . + ’a<br />

• +'a<br />

+ 4 -<br />

• -1'a<br />

• - 1 \<br />

+ 2V :<br />

+11<br />

' -5<br />

- 4 .<br />

-1<br />

-5 *<br />

-5<br />

• -10<br />

+10<br />

- 1 V<br />

0.0 4.8 24.7<br />

:, 6,7 3.9 10.7<br />

,17.9“ 3,4 11.6<br />

.1 3 5 '. 2.7,105<br />

0 5 , '1.8 39.3<br />

•10.0 - 5.5.10.9<br />

.'5.6,' 3 5,16.3<br />

.7.3 3*0134<br />

6 .7' 5.2 ' 6.0<br />

17.0 4.7 12.9<br />

3.7 5.5 7.4’<br />

4 .5 . -2.4 19.1<br />

9.3 3 * 2125<br />

' 4 5 ' 1.0 32.8<br />

. . •... 6.1<br />

3.3- 8.9 9 4<br />

+2<br />

_3<br />

: -+5 •.<br />

-2 . '<br />

•<br />

• - 1 h<br />

.. - 1. :<br />

' . +5<br />

.• r 3<br />

+8<br />

• - 3 - s<br />

• - 1 6<br />

\ - 8 •<br />

- +4 ,<br />

5.7<br />

5.3'<br />

2.9<br />

1 6 5<br />

‘.105<br />

-1 .0<br />

1 3 5<br />

127<br />

- 5.1<br />

. 5.3<br />

.3.9 '<br />

4.7<br />

1 2 5 -<br />

6.7<br />

1.4,18.0<br />

3.7 5.8<br />

2.s i a a<br />

5 5 11.8<br />

4 5 13.0<br />

4 5 11.0<br />

.5,1-10.1<br />

\ . 16.1<br />

-.4.5 ' 9.3<br />

3 5 1 3 5<br />

2.7 11.7<br />

-1.7 165<br />

1.7 145<br />

3 5 13.3<br />

3 5 1 1 .7<br />

2,066,6m<br />

- 6054m<br />

8,8605m<br />

•2,465.9m,<br />

'33.0m<br />

. 53,3m<br />

, 235,9m<br />

1,551.3m<br />

266,6m<br />

2,078,6m<br />

1,604.0m<br />

•206.0m<br />

• 58,0m '<br />

70.7m<br />

1515.1m<br />

56,3m<br />

314.0m<br />

73.1m<br />

-2,688.7m<br />

15.9m<br />

734.8m<br />

3,178.0m'<br />

220.0m-<br />

' 2,007.2m<br />

•: 792.7m<br />

- 45.5m<br />

123.7m<br />

= 2,157.5m<br />

632.8m<br />

141.3m‘<br />

- 649.4m<br />

115m<br />

Abbey Life (ae) •<br />

Alex & Alex<br />

Allienz^Vera. ••;.<br />

,Am Gen-<br />

Archer (AJ) " .<br />

Bredstock.-<br />

Britannlc - \<br />

Com Union (aa)<br />

FAI .'• '<br />

Gen Accident (aa)<br />

GRE (ee) -<br />

• Heeth C E<br />

Hlbemlen-<br />

Hogg; Rob & g m .<br />

Lagal & Gen (ee) <<br />

Uoyd Thompson<br />

London &.Men ;<br />

L o h U ld ln v .<br />

Marsh '& McLen<br />

PWS<br />

Peer! (ee)-<br />

PrOdentiel(ee) ■<br />

Refuge •’•.<br />

Royal (ee)'.<br />

Sedgwick Gp (ee)<br />

Steel Burflil<br />

Sturge’Hldgs<br />

Sun Alliance (ee)<br />

Sun Lite<br />

-Trade Indemnity .<br />

Willis Faber (aa)'<br />

Windsor •<br />

313 •' .' -4 .<br />

E14Ta -3 a '<br />

£5773a +25*<br />

E203® -3a<br />

•143<br />

^ -1 8<br />

• -7<br />

• -8 . -<br />

,-+ 3<br />

• - 9 .<br />

+11 -<br />

•<br />

• - 8 .' :<br />

320 , • - 2 : „<br />

219 • + 7<br />

275 + 1 -<br />

126 . :• +1<br />

£373« # + 5 fl<br />

68 ■ -2 .<br />

408 -11 :<br />

,172,J ' • - 7 ,a<br />

439 • - 9<br />

418' .' « + 5<br />

228 « - 9 '<br />

230 • • +7<br />

-2 •<br />

239<br />

E107s<br />

898<br />

648<br />

232<br />

' 43. •<br />

1125m<br />

•17.4m<br />

155m<br />

: 1884m<br />

28.2m<br />

f 1075m<br />

' 1.201.0 m<br />

13.9m<br />

188.0m<br />

61.tm<br />

2265m<br />

30.9m<br />

. 256.4m<br />

8.749.000<br />

i 695m<br />

2,155,000.<br />

- : 145m<br />

165.2m<br />

' 158.2m<br />

56.6m<br />

' 517.5m<br />

8.294.000<br />

114,4m<br />

69.8m<br />

-,68.0m<br />

,68.6m<br />

52.0m<br />

:47.9m<br />

, '68.1m<br />

214.6m<br />

•, 165m<br />

2205m<br />

. 11.8m<br />

131.2m<br />

45.7m<br />

..... 12.7m<br />

f.j -96.8m.<br />

• -T;93.2m<br />

■ ' •’ M 05m<br />

Anglia TV ’A*.<br />

Berr& 'W A TV -<br />

Boosey & Hewkes<br />

BRENT WALKER<br />

CAMPARI<br />

Cepllel Radio<br />

Ceriton Comm<br />

Cestie Comm •<br />

Centre! TV • .' .<br />

Chrysellsv .<br />

Com pass Gp<br />

Euro Leisure<br />

Rrst Leisure<br />

Gremplen ■<br />

HTV Group<br />

H arrburgarBrooks<br />

Juliana's Hldgs<br />

LWT Hldgs .<br />

Leisure Inv .<br />

Leisuretime Inti • •<br />

Mecca Leisure<br />

Medmlnster ,<br />

MIdaummer,<br />

Owners Abroed<br />

Quedrerit Group '<br />

Reelly U seful'.<br />

Sege Gp • ; ,1, (<br />

Scot TV •<br />

Stanley Leisure<br />

TVS -'<br />

T S W .<br />

Thames TV<br />

Tottenham Hotspur<br />

TV-AM<br />

Tyne Taes TV<br />

Ulster TV<br />

Wembiey ••<br />

Yorkshire. TV'. - ;<br />

ZetteraJGp .<br />

259.<br />

350 :-.<br />

390.<br />

350<br />

282’<br />

692 .<br />

.8 4 1 "<br />

330<br />

733,<br />

215.-.<br />

340<br />

8 8 V<br />

•187<br />

«65'* -<br />

-110<br />

185- =<br />

69<br />

188,<br />

100-<br />

94'<br />

-168<br />

108',<br />

225 -<br />

81 •<br />

224<br />

620<br />

288<br />

429 -<br />

242<br />

319<br />

77 .<br />

440 •<br />

118<br />

201<br />

449<br />

130-<br />

'121 .<br />

271<br />

•165 .<br />

• -3 5 -<br />

' • - 5 v;<br />

, +3 •<br />

• +8 ' 1<br />

: +30<br />

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• -1.<br />

: -X<br />

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• +13 :<br />

,.:- 3<br />

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• -1<br />

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+3.<br />

'.-2-<br />

• +8<br />

-2<br />

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-2 4 .<br />

• • -<br />

",r4 • ,<br />

• . .<br />

'• -6<br />

- +3<br />

-1 •<br />

'. +23<br />

-2<br />

+2<br />

• +1<br />

-3<br />

• + 2 .<br />

+1<br />

• +1<br />

• +3<br />

- 3 .<br />

+10<br />

5.7<br />

9.0 .<br />

22.1<br />

25.3 .<br />

5 8 7 •<br />

13.3<br />

3 4 5<br />

87,<br />

18.1<br />

7.0 •<br />

135<br />

10.7 :<br />

4*7 .<br />

20.0<br />

,10.7<br />

28.0<br />

30.0<br />

18.0<br />

13 5 '<br />

1 3 5<br />

64.7<br />

5 1 5 •<br />

9 5<br />

15.3 ,<br />

105<br />

20.0<br />

5 .0<br />

12.0<br />

M1.3<br />

13.3 ;<br />

10.0 :<br />

10.3:<br />

• 34.0 ;<br />

4 5 '<br />

r 9.e:,<br />

' 3*9 ''<br />

: 3.8<br />

• 5.6<br />

•2 5<br />

8.21'<br />

2 5 .<br />

• 6*1 * ;<br />

5 5 ,<br />

'.3.7<br />

.3.0<br />

4.3 :<br />

20.7<br />

9 5<br />

25.3 ,<br />

5.1<br />

17.7<br />

4.5 .<br />

18.1<br />

6.7<br />

6.7<br />

23.0r<br />

. 6.3 ,<br />

2.0<br />

125<br />

’ 8.0,<br />

4,0- 8 5<br />

4.1 125<br />

•5 5<br />

,6 5 •...<br />

5.9 !!<br />

B.7 . .<br />

.75 155<br />

8.0 125<br />

5 . 7 . . .<br />

3.2 165<br />

5.0 21.2<br />

8 5 14.4<br />

7.1 1 7 5 '<br />

4.9 ..<br />

8.2,13.7<br />

6.4 165<br />

7.2 ..<br />

7.0 20.7<br />

5.8 19.7<br />

5.6 125<br />

5.0 • 8.6<br />

5.7 :.••<br />

.1.4 17.7<br />

8.6 175<br />

.4 ,0 10.8<br />

5.7. * 9.6<br />

2.1 30.5<br />

3 4 11.8<br />

' 4.0 6.6<br />

1.9 18.8<br />

1 5 21.3<br />

3.1 20.1<br />

,4.6 11,4<br />

2.1<br />

2 5 ' . .<br />

2.1 -194<br />

5.5 105<br />

5.1 2 3 5<br />

44.0<br />

4.2 145<br />

4.4 12.1<br />

2 5 29.2<br />

; , -27.8'<br />

3.7 14.5<br />

4.8 11.4<br />

1.6 24.0<br />

.3.7 10.5<br />

1.9 20.1<br />

3.3.185<br />

3 5 18.9<br />

5.9 :7.5<br />

2.1 19.0<br />

5 5 - 8.5<br />

5.8 8.8<br />

4.1 11.9<br />

5.7 14.8<br />

3 5 135<br />

5.1 8.4<br />

4.8 9.8<br />

:1.7 12.1<br />

4.7. 7.8<br />

4.8 14.9<br />

• 905.5m<br />

2305m<br />

2529.5m<br />

44.4m<br />

7.140.000<br />

675m<br />

' 59.0m<br />

1,863.1m<br />

2,9035m<br />

3,0247m<br />

197.0m<br />

7.700.000<br />

598.7m<br />

5.557.000<br />

. 3 55m<br />

341.0m<br />

'• 14.4m<br />

..'9 3 5 m<br />

13.6m<br />

344m<br />

904.3m<br />

18.1m<br />

1,014.0m<br />

19.9m<br />

7.664.000<br />

. • 93.6m<br />

420.0m.<br />

•107.2m<br />

• ,159.0m<br />

• 7,520,000<br />

10.4m<br />

. ' • 184m<br />

4,1387m<br />

• 141.5m<br />

'. .';365m<br />

. 206.3m<br />

-392.0m<br />

1,159.2m<br />

,, , 46.0m<br />

1 559.0m<br />

• 25.0m<br />

'66.9m<br />

• '954.7m<br />

3.638.000<br />

' 87,0m<br />

’ 29.4m<br />

491.8m<br />

- 1,346.0m<br />

.. 107.8m<br />

■ -29.4m<br />

8.072.000<br />

Am Goldj-<br />

Ang Amer Coal<br />

Ang Am<br />

Blyvoors<br />

Bracken '•<br />

Buffels<br />

Butte’ .'<br />

Cons.Goidfields<br />

De B eers. •<br />

Deelkreel<br />

Doomronteln •<br />

Driefontein<br />

DRX<br />

Durban<br />

E D a g g a .<br />

Elandsrand<br />

Elsburg.<br />

E Rand Gokj<br />

E Rand Prop<br />

FS Cons<br />

FSI Dev '<br />

GFSA • ;<br />

Geevor<br />

Gen Mining<br />

GM Kalgoorii •<br />

Greenwich Res:<br />

Grootvlal<br />

Harmony<br />

Hartlas1.<br />

Kinross1 •<br />

Kloof., -Ve •<br />

Leslie •-•: ,.<br />

U banon' ‘ '<br />

Loralne<br />

MIM.. ...<br />

M fnorco.; ■ • -<br />

Nlh Brokan Hill<br />

[gu<br />

Orange T re e . -<br />

RTZ (aa)<br />

Randfontatn:;.<br />

Rantson .<br />

Rustanburg ■•<br />

St H atena.- •<br />

Southvaat: l. !<br />

Stllfontaln<br />

Unlsal<br />

Vaal Reefe -:<br />

V enterspost,<br />

Welkom ••<br />

Western Arees<br />

W estam Oaep<br />

Western Mining''<br />

Whim Creek- ••<br />

Winkels-<br />

Zambia Copper<br />

Zandpan<br />

£41 »* +'a-<br />

£9*4 +3* . . b<br />

£12*8 + 'a<br />

1 ^165- V. + 5 :<br />

S I.<br />

< .7 9 6 .‘•'.•+40 _••'!!•■<br />

::59 . +1 ,<br />

377 - 2 • . . -<br />

(aa)E13*<br />

•232<br />

-108 •<br />

864<br />

' 24<br />

V62<br />

• + 7 '-<br />

+1 'a ,<br />

+60<br />

" -.’* •<br />

- 3 .<br />

' +15<br />

,+17a 1<br />

+ ’a :<br />

+5<br />

• +5<br />

+47<br />

-1 •<br />

+1<br />

26.0 2.8 69.8<br />

71.3m<br />

- 81.1m<br />

1427.4m<br />

17.1m<br />

154.7m<br />

. 20.Bm<br />

•603.6m<br />

47.9m<br />

1795m<br />

Appleyard<br />

Armstrong<br />

Bramall (CD)<br />

Br Aarospace (aa)<br />

Caffyns<br />

Cowie (T)<br />

106.3m<br />

7,868.3m<br />

9.200.000<br />

; 547.4m'<br />

• 15.6m<br />

169.1m<br />

235m ,<br />

. 339.5m<br />

36.9m<br />

1,060.4m<br />

42.7m<br />

51.8m<br />

215m<br />

1478.7m<br />

34.5m<br />

, 78.9m<br />

127.1m<br />

.182 ■<br />

134<br />

600<br />

569.<br />

520<br />

123<br />

Dag Molors 126<br />

DOWTY 252<br />

ERF V 498•<br />

FR Group 243<br />

Ford Motor 1 "138<br />

GENERAL MOTOR 117<br />

• -2 4.9 3.7 12.1<br />

• /. 8.1 :-1 .0 23.6<br />

• +15 2 7 5 4.8 9 5<br />

14.4 " 2 .8 12.8<br />

6.9 5.6 7.2<br />

8.7 5.3 6.6<br />

9.9 3.9 13.1<br />

2 0.0b: 4.0 7 .8<br />

6.6 2.7 12.6<br />

Hartwall Pic<br />

Honda.Motor<br />

Jacks (Wm)<br />

Jeguer (ee)<br />

Jessu p s - 1<br />

Kwlk-Rt •<br />

.Lancaster ' 1<br />

LEX •..,<br />

Lookers<br />

Lucas (ee) '<br />

Perry gp .<br />

Plaxton<br />

Quicks G roup..<br />

Rolls-Royce (ee)<br />

Trimoco •<br />

W estam Motor<br />

Westiend 1<br />

135<br />

641 ••<br />

85 .<br />

3 0 0 ’<br />

.1 8 5<br />

105 •<br />

136 '<br />

364<br />

193<br />

630<br />

229<br />

249<br />

142 .<br />

184'a<br />

• 44'a<br />

611<br />

143 •<br />

-2<br />

-*1*0<br />

- 5<br />

, . - 8<br />

+Y<br />

-1<br />

-8<br />

.-1<br />

• . . '<br />

-3<br />

• +3<br />

• . .<br />

• -2<br />

• +8<br />

• +8<br />

-1<br />

»+ 2<br />

3.9 2 5 1 6 .6<br />

' 2.7 “3 .2 1 4 5<br />

14.7, 4.9 195<br />

8.3 4'5 9 5<br />

3 5 3.0 8.7<br />

'5.3-’ 3.9 8.1:<br />

18.7 5.1 6.9<br />

7.1 . 3.7 • 7.8<br />

29.3 4.7 7.5<br />

12.0 5.2 8.0<br />

6.8 2.7.215<br />

6.7 4,7- 7.6<br />

8 4 4.6 105<br />

1 5 3 5 1 2 5<br />

16.0 • 2 5 8.1:<br />

4.7 3 5 46:6<br />

NEWSPAPERS/PUBLISHERS<br />

6.017.000<br />

23.8m,<br />

24.0m<br />

6417.000<br />

57.2m:<br />

30.1m<br />

61'.4m<br />

298.7m<br />

264.3m<br />

309.2m<br />

27.6m<br />

2 35m '<br />

834m<br />

135.3m<br />

• 2,311.9m<br />

•1,274.7m<br />

533.5m<br />

1,820.2m<br />

41.0m<br />

2,138.4m<br />

113.6m<br />

820.9m<br />

Accord<br />

Adscene • •<br />

Berbour. Index<br />

Bleck (A&C) .<br />

Bristol . :<br />

Builder Gp<br />

Burford ■<br />

Deity Mail .<br />

Dally Mail ’A’<br />

EMAP-.<br />

leynes Publishing<br />

Home Counties<br />

Inti Bus Comme -<br />

<strong>Independent</strong><br />

Int Thomson ■<br />

Maxwell Comm (ee<br />

NEWS INTL . .<br />

pesrson (ee) .<br />

Portsmouth Sund<br />

Reed.Int (ee)<br />

Trinity Inti ^uo<br />

Utd Newspapers (ee)432<br />

90 r15 4.5 5.0 17.6<br />

1R1 .6.4 4.0 18.0<br />

. -10 8.0 2.7.17.5<br />

475 16.7 3 5 1 5 5<br />

aso +5 12.7 3.6 23.6<br />

183 -7 3 5 -1.7 14.0<br />

51 • . . 0.7 1.4 2 6 5<br />

9 7 5 1.6 24.4<br />

FS7 9 7 5 1.7. 23.4-<br />

231 -3 8.0. 2.6 19.4<br />

SW • . . 24.0 4.3 1 7 4<br />

470 . +18 16.0 3.412.1<br />

138 -2 51 f 3.7 12.7<br />

5 /5<br />

/HO +30<br />

205 :' +1 18.7 9.1 10.9<br />

309' • + 4 . 6.6 ‘ 2.1<br />

71K +4 24.0 [ 3.4 12.9<br />

342 • +2 7.4 " 2 5 16.0<br />

390 -10 14.0 3.6 12.8<br />

121.8m<br />

' 14.0m<br />

23.1m'<br />

9,939.000<br />

:255m<br />

7,4765m<br />

15,465.0m<br />

770.4m<br />

’ 986.3m<br />

• • 548.1m<br />

, ,525m<br />

373.7m<br />

1,705:6m<br />

112.4m<br />

• 133.3m<br />

. -29.0m<br />

438.8m*<br />

39.4m<br />

75<br />

27<br />

13'a<br />

2>a<br />

575<br />

175 V<br />

Aren Energy<br />

Atlantic'Resources<br />

Aus OH & Ges<br />

Avive Pet •<br />

BOM Hidgs - * -<br />

Br Borneo<br />

British Ges (ee)<br />

Br Petroleum (ee) . 274^<br />

Br Patroiaum p/p 168<br />

Burmah (aa) 552<br />

Calor Gp . 383.<br />

Cantury 168<br />

Ctyda Pat - 129<br />

Entarprise (aa) 527.<br />

Exp.Comp.Louisiana 139-<br />

Goai Pat 101<br />

.Gt W astam Res , -118 ;<br />

‘ Hamiiton ; £187a<br />

Hunting P S , 2 1 0 -<br />

• +3 ■ 8.0<br />

-10 275<br />

-2 i,<br />

- 2 1*-<br />

• -1<br />

+1<br />

3.9 12.3<br />

.65 11.5<br />

f_<br />

32.0 5.6 17.6<br />

11.0 6.3 8.9<br />

18.0 ,6 .6 13.7'<br />

18.0 -10.7; 8 .4 1<br />

+ 17'2 25 .3 : 4.8 11.2 .<br />

+1 2 2 .0 ! . 5.7-12.4 '<br />

8.0 4.8 14.8<br />

-3*2 . 1.3/ 1.0 86,0<br />

r +20 14.7 . 2.8 22.0<br />

+2 . . . . . .<br />

;1.3 -1 5 7 1 .6<br />

5.0 4 5 . .<br />

12.7 6.0 11.3<br />

-3<br />

• -3<br />

• - 5<br />

'-1<br />

r - . .<br />

DAILY DIVIDEND £2,000<br />

POINTS REQUIRED +63 :<br />

CLAIM i f y o u r -p o i n t s t o t a l<br />

EQUALS OR IS BETTER THAN THE<br />

: a b o v e f i g u r e :; ..’<br />

; • For easy reference, Portfolio Bon'd<br />

• stocks are in BOLD CAPITALS. :<br />

: ' CLAIM ANTS SH O U LD RIN G<br />

(0254)53272<br />

.Capilalizatibn’ .<br />

• ; I Company<br />

:'- • Price' Ch‘ge' Gross - Oiv -<br />

' . last " on div.- Yld<br />

Friday week pence ' % P/E:<br />

f 14.8m<br />

: 145.2m<br />

841.7m<br />

11.3m'-<br />

-,615m<br />

15.3m1<br />

15.0m<br />

360.8m’<br />

'. 260.4m'<br />

19.633.7m<br />

'13,547.0m<br />

. 17.8m<br />

' 100.7m<br />

•11.8m<br />

.' 127,0m<br />

• 1,074,7m<br />

KCA’OrlilIng '<br />

Kelt E nergy;<br />

LAS MO (aa) .<br />

Do Units ' ■<br />

Monument.<br />

New London'<br />

Oil Search . .<br />

Patrocon- '<br />

Petroz .<br />

Premier<br />

R a n g e r'.<br />

Royal Oiitch F15<br />

Shall '{aa) '<br />

SILKOLENE<br />

Sovereign. •<br />

TR Energy<br />

Target Res P/P ;•<br />

Triton Europe<br />

Ultramar (ee)<br />

Woodslde<br />

,'• 18‘a<br />

... 58.':<br />

4 3 4.;<br />

•,160-<br />

24*4<br />

•26<br />

3 3 '<br />

77,<br />

- 1'*<br />

'93.<br />

-349<br />

£38*0<br />

386<br />

Cropper (Jemes)<br />

Delyn Peckeglng<br />

FERGUSON (NO<br />

FKB .<br />

FHch-RS<br />

Geers Gross<br />

Gold Greenless<br />

Goodheed<br />

Hunterprint<br />

Johnston Press<br />

KLP.,<br />

Ketson<br />

Lopex-<br />

Lowe-HS-& B •<br />

MIL Research<br />

More O'Ferrell<br />

Norton Opax<br />

Ogilvy & Ma<strong>the</strong>r,<br />

Offves Hldgs -.<br />

Peregon Comms<br />

St Ives Gp<br />

Seetchl -10p (ae)<br />

Shandwick ,<br />

Smith: Oavld ..<br />

Smurfll (Jeff) •<br />

UK.Peper .•*<br />

Usher Welker<br />

VPI G_P :<br />

WCRS<br />

WPP :<br />

Wece • •<br />

Weddlngton (J) *<br />

Wetmough<br />

Weverley Cam -<br />

Yellowhemmer-<br />

284 • -7 '8 ,0 2 5 12.1.<br />

•,433* +1. • 1,9 4.3 24,7<br />

240 . - -8-' .117. 4,9 10.7<br />

.400 • -10 11 5 2.8 18,5-<br />

'8 6 • -4 . 4.7 ; ; 5 5 8.8<br />

' 240 ' '- -4 1 4 7 b 6.1 9 5<br />

•314 . +4 12.7b 4.0 16,0<br />

‘ 150 -2 * 5.7 - 3 5 11.4<br />

148 • -1 7,8 '5.1 1 0 5 ,<br />

215 3.1 " 1 .4 .9 5<br />

: 433 • -6 16,4:: 3,8 10,9<br />

.90 • -3 1,8 1,8 17.5<br />

-',2 8 8 !-1 13,8 . 5.2 11.9'<br />

301, -10 6 ,7 ‘ 2.2 18.9<br />

• 343 • -2 t2,7 3.7' 8 5<br />

;. ,55 • -1 • 1.3e 2,4 t7.4<br />

• - 317 9 5 2,9 1 4 5<br />

195: .- , - 1 - . 6.3 3 5 10.4<br />

250 -3 t3 5 5.3 9 5<br />

' 150 ' . '• .. 4.7 3.1 125<br />

.242 . .r1 ■ 8.7 3.6 19.4<br />

31 r'-2'» •1.3 .4.2 8.2<br />

' 228 • -7 8,0 3.5 11.2<br />

397 • -6 16.0 ' 4.0 10.4<br />

187 5 5 2.8 14.4-<br />

363' -5 135 3.7 14.2<br />

.' 167 ■ .• 8.7 ..'4.0' 16.9<br />

£19<br />

195.-,<br />

,131<br />

218 '<br />

267<br />

• 532<br />

,2 9 9 .<br />

.-409 '<br />

•210 •<br />

’ 3 7 8 1<br />

; .161<br />

233 '<br />

67 0 ’.!<br />

377 ..<br />

: i 9 8 . ; -<br />

' -7-<br />

’.+ 2 .<br />

- -16<br />

--. -13:<br />

r +8<br />

.• - 1 ■<br />

•--1 9<br />

• -13<br />

; ' • +3<br />

-17<br />

-a<br />

410 "it - 5 .<br />

•••■'66 '-•■; .<br />

t83 • • -6<br />

10.0 5:1 115<br />

4.4 .3.4 11.6<br />

4.0 1.8 14.9<br />

21.3 7.4 6.0<br />

10.9 2.0 125<br />

10.2 3.4 9.8<br />

8.0 . 3*8 10*3<br />

12.3 3 5 13.4<br />

4.7 ; 2 5 8.9<br />

5.7 • 2.4 1 2 5<br />

23.7. -3.5 125<br />

5.3. 1.4 215.<br />

9 5; 4.6 1 3 5 '<br />

.1 1 5 2.8 154<br />

0.4 0.6 . .<br />

• 3.7 2.0 13.6<br />

95.6m Allied Lon ■<br />

t585m Arlington ^Secs<br />

87.2m, A sde •'<br />

94.1m BBH Group: '<br />

28.1m Beker Herrjs<br />

. 214.5m.Bllton (P)' .<br />

,192.5m Bradford ‘<br />

" 545m : Bredero'<br />

.-.817.7m Br Lend (ee) :<br />

310.3m BnxttW)<br />

' 715m Celrd Gp '<br />

516.5m Cep & Counties<br />

9.388.000-Cerdlff Prop<br />

164.8m Chesterfield<br />

:,50.6m Christie<br />

18.9m Citygrove • 1<br />

22.0m Clerxe Nlckolls '<br />

..1025m Clayform :<br />

48.0m Conneils"<br />

2724m Control Secs<br />

. 21.0m CUSSiNS<br />

167.0m Oaajan .-<br />

; 63.0m Oares Estates<br />

- 142<br />

• 2 0 0<br />

158<br />

1331;<br />

221.<br />

• 499<br />

• 665,<br />

.267<br />

,364<br />

377-<br />

; 414<br />

. 392:<br />

400<br />

•843<br />

218<br />

210<br />

215<br />

311<br />

215<br />

68<br />

295<br />

. £10'*<br />

:3034<br />

A447m '0abennam -Taw5bri 147<br />

, 15.1m Oa Morgen- •<br />

. :'..40.0m Dancora . -I<br />

59.3m Oarwent Hidgs<br />

. 555m Oukeminstar<br />

' ' 56.9m Egerton Trust<br />

. 90<br />

.237<br />

• 765 ;<br />

-.7 8 •<br />

206 -<br />

18.6m Estates & Agency 310<br />

42.4m Estates Gen<br />

'6 5 5 m Evans'O f Leeds<br />

32.9m Fiva Oaks •: /<br />

16.0m Retcher King<br />

2035m Frogmore<br />

89.1m Grainger<br />

6165m Gr Portland<br />

4135m Graycoet '• i<br />

39.0m Hailwood Gp<br />

201<br />

201<br />

70<br />

190<br />

509<br />

448<br />

376<br />

.476-<br />

£8*4-<br />

—3<br />

• -2<br />

-17<br />

-9<br />

-10 •<br />

, -15<br />

• +3<br />

+3<br />

+8<br />

• -9<br />

• -3<br />

-5 .'<br />

-7<br />

-5 .<br />

• v .<br />

+5<br />

• . .<br />

-10<br />

+ 2 'a<br />

+10<br />

; -.-i:-:','<br />

-3<br />

• +10<br />

+1<br />

-5<br />

+ 1. '<br />

+8<br />

i+ Y l.<br />

+5<br />

+8<br />

-2<br />

.3 .7<br />

8.0<br />

2.0<br />

5 5<br />

•9 5<br />

•20.1<br />

18.0 ,<br />

8.0<br />

5.6<br />

11.1<br />

' 7.3<br />

14.0<br />

2.7<br />

20.0 .<br />

3.7<br />

10.0<br />

6 .0 1<br />

12.7<br />

12.0<br />

1.0<br />

11.0<br />

25.3<br />

.•1.7'<br />

7.3<br />

4.1<br />

.•,4.0 •<br />

*8.1<br />

1.5<br />

8.7 '<br />

4.0<br />

4 5<br />

7.5<br />

1.7<br />

12.1<br />

13.7<br />

5.6<br />

11.1<br />

‘5.3<br />

2.8 135<br />

4.0 10.8<br />

1,3 24.8 .<br />

4.0 12.4<br />

4 5 11.0<br />

4.0 16.6<br />

2.7 155<br />

3.0 18.0<br />

,1.5 20.4-<br />

2.9 33.5<br />

1:8 33.4<br />

3.6 19.3<br />

0.7 •<br />

2.4'29.2<br />

1.7 20.1<br />

4.8 6 5<br />

'2.6 7.4<br />

4.1 &8<br />

5.6 ‘ 7 5 .<br />

1 5 15.0<br />

3.7 11.7.<br />

2.5 1 1 5<br />

' 5.5 v 7.4 ''<br />

• 5 .0 1 1 5 ••'<br />

4.614.4<br />

1.7.14.7<br />

1:1 3 4 5<br />

1.9<br />

4 5 '9 4 ,<br />

1 5 4 8 5<br />

2 5 20.3 .<br />

'3.7 165<br />

2.4 7.7<br />

6.4 1 1 5<br />

2.7 10.8<br />

1 5 2 2 5<br />

2 5 35.1<br />

1.1 41.6<br />

132.3m Hambro Countrywd 47 -1<br />

312.4m Hammereon .865 +4<br />

1,016.7m ‘ D o ‘A‘ (aa) . 763 +11<br />

9,111,000 Hanover: Druce ' 148 ,+10<br />

5 05m H ardanger. 680 •- -10<br />

5 95m HEUCAl BAR '3 1 9 - +14<br />

21.8m Herring Son 198 • ' . .<br />

• — - Hong Kong Land. - 86, +6:<br />

163.6m imry March ■ *429 - 1 .<br />

6,000,000 Jarmyn f . ; . 300 • .V<br />

'. 19.8m Kentish;Prop- ‘100 +5<br />

. 287.5m Laing Prop • 493 • + 1 7<br />

2,8255m Land Sec (ae) 561- -1<br />

110.1 m Local Lon . • ' 546 ’ . .<br />

. 239.9m Lon.&.Edin Tst 134'a -4'a<br />

- ‘46.1m - Do 6^fe Cv - 107 . -1<br />

. 89.3m Lon & Metro 178 . r '-2<br />

’-30.4m Lon Securities'.- 51 ,-1 ’a<br />

1,770.7m MEPC (aa):* 553 ; +1<br />

* 45.0m M clhamay., . .245, • + 5 •<br />

. . 46.6m‘McKay.Secs ,. , 210'<br />

' 53.7m Markhaath - ' • ., -■ 68 +4<br />

90.0m Marier . 116 ,. .<br />

66.6m Marivale’ Moore * 496 1 - '• . ,<br />

“ “ 109<br />

.121.<br />

161:<br />

£12<br />

.••W.VIH muxniur. ynkw, .- 246<br />

,145m New Cavendish .100<br />

3.5 7.4 9 5<br />

15.3 1.8 3 7 5<br />

15.3 2.0 33.7<br />

6.0 4.1 13.1<br />

30.0 4.4 10.4<br />

“ .1.6,14.6<br />

. 28.8m Merlln Inti .<br />

• 10.1m Mooriield estates<br />

-351.8m M ountlelgh.. ■'<br />

•.. 57.5m Mountvlaw -v<br />

,- 128.6m-Mucklow (A&J)<br />

vendlsh<br />

'53.4m Ossory Est ,<br />

38.5m-Parkdale i' •<br />

'49.9m Pannanl Prop •-<br />

' 128.3m Power Corp • •<br />

• ,65,9m Priasl Marians<br />

159.7m prop Security •.* '<br />

20.1m Ragtan,<br />

1115m Ragalian . :<br />

’ 41.2m Rockfort T ' .<br />

412.2m Rosahaugh .<br />

'•: :+8.<br />

+3*<br />

• .^ a<br />

-1<br />

-3<br />

• + V<br />

r +5<br />

■ v. - 2 :<br />

• . .<br />

+9<br />

5,1 . .. ........<br />

.5.3 : 2.7 1 4 5 '<br />

•115,' 2.6 27*9<br />

; 2 5 0,7<br />

5 .0 . 5.0 7.0<br />

13.7 - 2 5 16.7<br />

17.3 3.1-29.6<br />

10.0 1 5 16.9<br />

.5.3'. 3.9' 9.0'<br />

8.0 7.5 . ;<br />

-8.3 ,4 ,7 .8 5 '<br />

0.7 1.4 6.7<br />

19.3 3 5 2 5 5<br />

6 7 b 3.2 261<br />

5.3 6.0 155<br />

. 0 5 . 0.7 34.6:<br />

10.0 : 2.0 10.7<br />

5.3 .4.9 5.8<br />

. 4.2 ,3.5 10.7' .<br />

5.0 - 3.1 7.2<br />

.1 2 7 1.1 . 8 5 '<br />

9.9 '4 .0 23.2<br />

2.0 2.0 77.5 •<br />

0.9 3.9 22.4 . .<br />

• 4.0 ' 4.2 8.4.<br />

• 2.6 2.4 •:<br />

315 m Savllts .<br />

1575m Scot.M et<br />

‘. 47.4I "<br />

.90<br />

162<br />

195<br />

•85 r;<br />

+9<br />

-5<br />

’.4m Shaftsbury<br />

- 108,5m Sheraton Secs<br />

6,631,000. Shleld / : ' *: • 06<br />

• •10,1m Sfnclelr Goldsmith - 93<br />

' 869.8m Slough Estates (ee) 314<br />

• 178.1m(Sou<strong>the</strong>nd P ro p ' 221<br />

87.4m Speyhawk-. ' 338-<br />

. ' 100.3m Town Centre 107,<br />

71.1m Trafford Park , 213 f<br />

30.2m UK Land<br />

29.0m .Union Square '<br />

1215m Warner 1 :<br />

119.0m Wamford<br />

28.9m Warrington 1 '<br />

23.3 m Watarglada *<br />

. 233.0m Wates<br />

3,808,000 .West & Country<br />

5085m<br />

349.4m<br />

,39.5m<br />

31.1m<br />

135m<br />

15.4m<br />

134.7m<br />

348.Bm<br />

2.841.4m<br />

68.6m<br />

3Z4m<br />

257.6m<br />

' 12.8m<br />

Assoc Br Ports .<br />

Caledonia<br />

Clark


30 ,<br />

323,<br />

: 19.5m Acom Comp •' ■<br />

• . ‘ 43.2m Acsis! Group .<br />

- 13.2m Alrsprung ' ’<br />

2.511.000 Allied-.lns; . •••;..<br />

. 7,689,000 Aid Restaurants<br />

4.250.000 AmberleyGp<br />

.. >.« ;<br />

i. 3,670,000 A83OC ,Ef^roy .<br />

iramg.<br />

7.795.000 Assoc Niiramg<br />

» 19.0m 'Atlantic Sec ;.<br />

26.0m Atlas .Equipment.<br />

5.096.000 Audlt;Ganera]<br />

; 6,560.000'Automeglc<br />

• 2,153,000 BBB, Design<br />

7.276.000 BCE ■ . “ :<br />

: 16.0m BLP Group .. .<br />

; 4,799,000 BTS;Grp '* .<br />

■: : 17.4m BWOj.- . •<br />

28.4m Beaverco ; ■ *<br />

• 3,000,000 Berford (William)<br />

/.7,867.000 Bensons Crisps -106<br />

: 4,114,000 Berry.'Blrch i Noble 60<br />

■ 135m Better Cons Prods 132<br />

3.583.000 Bllston&Bsttersea. ‘ 85 •<br />

53<br />

.143<br />

96-<br />

347.<br />

'* 17 •<br />

J 1 5 , -•<br />

**■26<br />

. 2 6<br />

: .112 ..<br />

.93 :<br />

102<br />

•330<br />

# .+ 3 :<br />

V -1<br />

• -1 0 •<br />

- 5 :<br />

•' • .- 2 _ ■<br />

+ 2\<br />

• • - 1 0<br />

* +1'j<br />

.. +13<br />

- -7<br />

r - 5<br />

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; '. - 1 " '<br />

+2 '<br />

.. .+2.<br />

-1-<br />

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4.0 2.8 9.1.<br />

2 .9 ' 3.9 17,0<br />

V ■ '<br />

■2 .0 3.3 15.0<br />

,4.9 ‘ -2.6 15.1 .<br />

','." 1 6 .5<br />

0 . 8 1 . 3 17.8<br />

f6.6 4.7 9.0<br />

■ -5.3' 6 .7 -8 .6 .<br />

2.1. • 3.6 10.6<br />

2.0 3.0 12.1<br />

2.4* 1.9 13.6-<br />

: 6.7 3.4 11.3'<br />

; 5,400,000 Blo lsolates'.,<br />

20.1 m Blmec Inds •<br />

' 4,502.000 Blancherda<br />

5^50,000 Blatdiley M otors'<br />

i : 144,3m-Blenhelm*Exhib<br />

17.1m. Bluebird.Toys ‘<br />

.4,959,000 Border TV - . .<br />

: 39.8m.Bof1and • .<br />

• 15,075,000. Brew m aker .<br />

6,374,000 Br Bloodstock ,<br />

r 20.8m Br; Island<br />

; ’ 15.8m Broad;St'*- ‘<br />

'. 330--;<br />

■ 110;.<br />

230<br />

+5<br />

• + 3 ;<br />

i + 3 >.<br />

+5>.<br />

• +2<br />

• -2 '<br />

. • +1<br />

:+ri<br />

; . r15.<br />

• -IO :<br />

-V »•<br />

r .+ ,a-<br />

• 14.8m CCA Publlcati6ns:<br />

-.3,076.000 C.OS-Gp';-:: • - •<br />

? .26.8m CML Mlcro- :• / .<br />

, • io.3m CPU C om p": r .<br />

; v-'. 24.5m Calm Energy-<br />

-2,649,000 Caledonian<br />

! 26.8m.Campbell & Arm.<br />

16:4m Cap & Regional ;<br />

; • 13.4m Carron Phoenix<br />

•‘3,132,000 C assldy'Bros .<br />

; i’MS.Sm Castle Commr<br />

!••. 11.0m Central Motor. ><br />

r .24.9m .Chelsea Man >•,<br />

< 19,1m Chesiergate Gp 161<br />

i • 11.1m Chieftain Group • -..135<br />

-.7,649.000 C irc a p rin t*:<br />

i •• 24.0m Cltygete. .'<br />

;7,330,000. Citygate CP-<br />

6.772.000 City: ot Lon r ,<br />

’. ,70.4m Cityvision .; . .<br />

; 285m Clarke'Hooper<br />

10.7m Clogau G o l d :<br />

.'33.9m Clun-Resources ;<br />

5.707.000 Coated 0ectrodes<br />

• 0,289.0m Colorgen Inc<br />

; ; 39.6m Colorgraphlc<br />

.* 40.1m Colourvlslon<br />

• • ■ • 15.0m Co of Oeslgners •<br />

•3,723,000 C o m a e - •. ■ • -<br />

■ 34.9m‘Conroy Pet<br />

, ' .12.0m Con's Tem Invs !<br />

•9,829,000 Conti'Microwave -<br />

; 44.3m Cook (DC) • ,<br />

' 15.9m Copymore, •<br />

32.7m-Corporate,P rop: 1<br />

; -23.0m Corton Bch '•<br />

13.6m Cramphom '<br />

5.629.000 Cranbrook' ,<br />

. f5.440.000 Cranswick ' •<br />

.• 4,084,000 Craton Lodge<br />

19.0m.Creighton Labs<br />

58.6m;Crown Com; —<br />

6.257,006 Davies (DYj , • ‘ '<br />

24.1m Dean & Beeves<br />

•4,930,000 Delmar '<br />

.9,030,000, Denmans Elec ’<br />

,60.4m. DeweV Warren<br />

- 31.0m Dolphin Packaging- 161<br />

31.3m oruck J ■ . 498 • .<br />

6.347.000 Ounlon' • . 31<br />

:5,812,000 Dudley Jenkins '- 133<br />

10.5m Durham (DG) - 55<br />

4;771.000 EW Fact ^ / - ' 95 -•<br />

10.1m Eadie • ■ -60<br />

12,3m Econ Forestry - - 88<br />

3.466.000 Edin Oil A Gas - ‘ '2 6 •<br />

•; -40.2m Eldridge'Pope-A ' 208 .<br />

• .27.6m Electron, H o u se' 158 -<br />

.. ;17.6m Epwin ‘ , • .*■ •. •. * ’183 . .<br />

• 21.5m'Eve Group ’ ‘ 229 •<br />

7,381,000. Expedler Leisure : -106 -'<br />

i 27.7m Explaura Hldgs . . ; 39<br />

13.6m Falrtiaven Inti- 1 12'a<br />

. 4,977,000 Fairway London -63<br />

- J .15.6m Farepak 1 • 143<br />

4.229.000 Feedback '. ‘ 50<br />

650,000 Feltrirri Minings • 28<br />

•11.2m Fergabrook’ V/ '1 4 '<br />

-,-11.4m Ferrari . - . , •1 2 I4<br />

, 48.0m Reids (Mra) : 32 ;.<br />

v 10.8m F ilo fax .. 76 •<br />

— ^ Firstland ' r 32<br />

12.5m Flextech" • ' ' \ '5 7 •<br />

' • '43.Bm Flogas , 225<br />

. . 17.5m Floyd Energy V ; “ 193j v<br />

.•;. .,45.1m. Ford, Sellar- 106<br />

< ;li.5 m Forward Gp-- 160<br />

'.'l3.4m :Freem an Gp -. 235 '- .1<br />

,514.7m, French'Conn ^ 93 ' •<br />

f. . 00.0m. Fuller. Smith.-A* ' ;.' 440-<br />

r. 10.2m GWR Gp i • 695<br />

4.250.000 GC nooring ^ 45 :. <<br />

•11.3m'.Gabb)cd‘ • .• •90 •<br />

) '14.1m Gardner (DC) -195 i<br />

9.9B9.000 Gibbon; Lyons. . . 1 6 5 1 •<br />

t :-15.9m Gibbe Mew . '17.5<br />

''6 5 - 3 . 0 12.8<br />

0.8 , 0.6 25.2<br />

5.3 4.5 11.9<br />

4.1 • 7.1,. 9 5<br />

10.3 3.1 20.1<br />

■•3.7' -3.4 13,8 '<br />

. 3.9 1.7,25.1<br />

.6.7 : .4.2 10,0<br />

; ;1.3 1,0 14.4<br />

3 5 ,*• 2 5 10.3<br />

' : 9 ,0 ’ , 3,0 10.4<br />

. 5.0 - T .7 ' .v<br />

1.0 ; 1.1 12.9<br />

• • 1 .3 0 .9 17.0<br />

4.3:-; 2.5 15.4<br />

'. 56.2,'<br />

. . . . e .v .18.6<br />

•’ 7 .6 - 3!0'15,6 ;<br />

- 5.8 2.9 1 7 5<br />

4.7 4.0 12,5<br />

• i v . . y -9.0-<br />

••4.2 - 2.3.12.3 '<br />

4.3 2.3 13.5<br />

3.3 2 5 17.9<br />

,.4 .0 6.1 9,6:'<br />

0.7 -1:0.11.6<br />

•7.5 - 1.6 2 4 5 -<br />

.1 .7 .. 3.017.5<br />

7.4 '9 .3 10.6<br />

• 3.3 • 4.7<br />

■’••7.5 1:818.1 •<br />

• 4.0 v 1.6 23.1;<br />

‘ 6.0 :5.2 20.7<br />

,6.7 ,3.8 15.7<br />

. . 1 4 . 1 :<br />

6 .i: 2.9,.0.4 .<br />

•. • 1 * 5<br />

4*3.. 2 7 28.2 -<br />

0.7: 1.7 15:8 •<br />

,1.3; 4 .2 1 1 .6 .<br />

2.7: ;2.0 19.3 v<br />

1.3e-2.4 i<br />

4 .0 ' 4.2. 9.6. '<br />

2.7 4.5 10:4'<br />

4 ,3 - 4 .9 13:1<br />

.4 ’e , 1 2.'3''17.‘9 '<br />

6,7-1 4 5 12.4 !<br />

614- 5 5 10.2 .<br />

0.7 3.8 13.0-<br />

2.9 '2.7 - .<br />

' 3 .3 ; : 5 5 17.8<br />

. 6.3 - 4:4 11.1<br />

:3.3-. 6.6 16.0<br />

:4.0: 3.8,14.4<br />

4.0‘, 2.5 14.4 •<br />

9.0 - 3,8 10.3 •<br />

• 7 .0 b ‘7.5 ’ 6.1<br />

5.1 1 5 25.1 .<br />

;4 ,0 ‘ 0.6-185 ><br />

2.8 6.2:36.3 ■’<br />

5.3 - 5.4 '6.6 • •<br />

4 : 4 / 2.3‘1 7 .1 --’<br />

6.3 - : 3.6‘14,6 ^<br />

6.3 . 2.2 29.2 ;-<br />

2.3P,” 5.6--9.6<br />

2.9 f,\ V ■ 0.3 :<br />

8.4 • 3.7 15.3<br />

Capnalizalton •<br />

;E . . ' Company .<br />

Pnce Ch’ge Gross Div<br />

.last- o n 1, div Yld<br />

Friday week penca % P/E<br />

; -17.9m Green (Emest) 233 v . -<br />

1.400.000 Greenwfch Comms-- 20 •-,-. ■<br />

■i ; ll.8 m GuIdehouse ” . ' ' 50 ., . .'+ 2<br />

'' • 18.6m Hell's Homes : 177 . • - 3<br />

6 3 3 .0 0 0 Hempden Homecaro 03- r<br />

- . ' ;-12.0m Handley Welker*. -1 9 0 .[<br />

16.0m Hermony L e i s u r e 68 1. - 6 .<br />

. • : .13.1m Hatfield Estetes • ‘175 . , - : . . • '<br />

107.9m Hawthorn Leslie : 5 9 ’ - ><br />

15.3m Headland Gp. . -43 .. •'. .v ;<br />

• 5,078,000 Heavitree ElO'a -J a .<br />

■ 10.5m '. .Do JA' LV. . £10'j + 'a<br />

0,650,000 Hewetsbnv- • ;. ' 120 ' -2<br />

-- -l0.2m .Hey 4 C rott: - 65 •*. : , - 1 ' -<br />

-93.2m.Higtilen'd Pert- .2 5 7 ' - 5 .<br />

•,11;lm Hobson'. •' 3 0 ' -<br />

4.500.000 Hoiders'Tech ‘ ' 150 « - 1 :<br />

0,364.000.Honeysuckle.Gp 103: -2<br />

• 10.0m Homby. • .'- .-199 •• •• - 2 -<br />

• . 32.im Hughes Food - • - 44 • -1 .<br />

• 39.0m Hughes (HT) .• ■ 159 •■• +2<br />

; 0,638,000 HuntJelgh Tech : 102 ;. :+ 7 \<br />

: 4,4g6,6b0 IN STEM “• ' ' 1 0 0 ...............<br />

• 954,000 Imege Storage . 45 ,<br />

• 6,617,000 Imtec1. . v 5'4 : +:u<br />

, , -43.2m Inoco . . - . 3 3'2 : - ‘j '<br />

. 7,737,000 Intereurope..Tech • 146 . - # + 6 '<br />

• . • .45,9m Interlink Express- 283 • - 5 '<br />

; 4,661,000 Inti Medle . i4'a;- -'a<br />

; ., 18.4m Israel (Jack L)-- • •. 22 . , . ;<br />

• .*‘ 'r17.6m jMDlGroup V 41 : \+V<br />

' 31.8m Jacques vert "347 • v .<br />

; 6,900,000 Just R u b b e r - r; . 92., ;•<br />

• 30,0m Kenyon Sdcs' : '--• 15B*'1<br />

15.0m Kewlll:Systems. 253-<br />

- ;-Teknlk. . ---46<br />

'•-7.0 '. 3.0 12.7<br />

;• 1 .9 ‘<br />

‘ 6.0 •<br />

2.7<br />

•‘ 7.2<br />

0 5<br />

4.0.<br />

•0.4.<br />

16.7 •<br />

0.2:<br />

4.3<br />

, 3.0 :<br />

2.7<br />

1.0<br />

, 0.0<br />

7.5'<br />

7.0;<br />

2.0 -<br />

,3 .1<br />

3.0 12.3<br />

4.5'l4;4<br />

3.3 -9.4<br />

3.0 13.4<br />

0 3 01.9<br />

2.3 0,5<br />

0.7 45.0<br />

i ..-•10.0<br />

: 1.0 23.3 -<br />

V. 24.1 •<br />

3.4 15.9.<br />

'4.5'v 6.0<br />

1.1<br />

3.3 11.1<br />

5;3-10.7 1<br />

7.3 7.4<br />

• 3.5 10.9-<br />

4.5 0.0<br />

1.9 39.0-<br />

+ 7 : 3 5 . 3.3 10.3<br />

, ,0.3f 0.9 20.6<br />

■:6.5 5 .7. 16 .5 :<br />

9.9 ; 3.5 12.7<br />

► 0,0' 3.0,19*0<br />

• 7.335,000 Klsrk . . .....<br />

i 8,839,000. Knobs & Knockers M06<br />

; t 64.8m Kunlck.. . -" 56 •<br />

. 6,944^600 .LPAMnd ‘ ‘ '7 9<br />

’ 9,579.000 Laidlaw Thomson ‘ 140<br />

'•1D.6m Lambert v . ’ . -188 ,<br />

•14.5m LBMS PIC ' . a 120 •<br />

. 20,2m 'Lew mar. .’85.<br />

' 11.4m U n c a t- ’ ' 170'<br />

: 6,049,000 Lincoln Hse ! ' 6U<br />

•‘ 11.9m Lodge Care . 174<br />

9,255,000-Lon &.Clydeside 1 0 2 .-<br />

> . -.^S.Om Lon Forfaiting • '.-125-"<br />

6,126,000 Lysander,Pet,' ' ,.2 li<br />

i 9,324,000 <strong>MB</strong> Cash S Carry : 111<br />

: 17.3m-MMT.Comp - •: 168 ,<br />

17.9m MTL Instruments r . 104 •<br />

.. ; ,13.0m McLaughlin-& Har ‘.'320 ;<br />

.11.5m Magnetic. Materials : 65<br />

-1 0 0 .<br />

50 •<br />

450 '<br />

:20 -<br />

.2 3<br />

72<br />

; ;23'a<br />

•345<br />

:83<br />

383<br />

126<br />

• 171<br />

• 130 •<br />

• 4 1 s<br />

.. 55-.<br />

-218<br />

.513-:<br />

.- .5.230,000 Marnmet ;.<br />

: 7.457,000 Merch.Gp. '<br />

.: ,70.5m Marina Dev. ; -<br />

5 • 197m Marinex ‘<br />

3,554,000 Maxfprlnt<br />

./• • 13.8m Mayborp . : '<br />

; 9,126,000 Memory Comp. . 1<br />

V . 38.Sm Menviar-Swain ...<br />

22.1m M erchantm an? Est<br />

•: ’19.2m Merrydown Wine<br />

.-.:11.1m Metal Bulletin . • v<br />

; :21.0m M etsec - : - •<br />

. 13.2m;Mlcrelec ; .:r-<br />

•:11.1m Mlcrovitec •<br />

; 0,800.000 Midland Scot-Res<br />

,'-1 5 .lm Mill ward Brown<br />

. 31,.7m'Miss-World ,<br />

• -10-<br />

. ,■ ^2 ••.'<br />

■' + 1'-<br />

S ; .<br />

• :+5 :<br />

• +38;<br />

:+2- '<br />

-1 6 :<br />

+ 2 '<br />

• +1 ;<br />

' '—2 * 1<br />

;': - 8 > .<br />

V:'-7 ■<br />

, •:+ 2 ;' '<br />

• - 2 } -<br />

- '2<br />

• r —T •<br />

■. -2<br />

- 2 'r<br />

' • -1 3<br />

• +2-:<br />

- ' + 3 •<br />

• -2<br />

- 2 -<br />

,9.9 ,.*.2:9 12.4<br />

- ; 3 .o ;; 3.3 :14.2<br />

: 9.0 5 7 1415'<br />

; .2.9 ■ 1 ,1 :19.6<br />

••1 .7 , 3.7'11,9‘<br />

2.8 2.6 14,6<br />

. ,1.9 ;. 3:4 1 5 ,7 1<br />

- 3.6 ; 4,6 15.5:<br />

.'-6.8 -4,9 11.1 •<br />

11.3 6.0 V.-<br />

2,4. : a 0 '11.9<br />

3.6.'.: 4 5 10.2<br />

.4.0... 2.4 ‘16.5:<br />

! 3 7 2.1 24.9<br />

•7.6 - 7.5: 9.9;<br />

9 .7 : -7.8 .-7 .9 :<br />

o :... 51.2<br />

:5.9 , 5.3 1 1 .2<br />

■2 .3 - 1.4 16.9<br />

2 .7 ; 2.6 12.1<br />

12.0,' 3.8 .9.0<br />

r 3.9 6.0 39.4'.<br />

.2.3. 2.3 15.0<br />

2.1 f 4 5 - 5:4<br />

:4 .o ; o.9.: . . ‘,<br />

-3<br />

• -1 V<br />

> +1 •<br />

•6.1 7.1 9.5<br />

> 5.9 : 1 > 21*9<br />

4.0 1 4.6 7.7<br />

..8 .0 . 2.1 1 9 5<br />

’ ; 7.1' 5.6 14.1<br />

5.1 3.0 1 1 .8<br />

£ 7 n 2.1 14,9..<br />

: 2.3 5.6 9.0<br />

4 7 2 5 ia!o:-<br />

10.7 2.121.7<br />

: Capitaliution ■<br />

; : i : Company<br />

Prica Ch'oe Gross Div<br />

•la s t ’ on drv. - .Yld : .<br />

Friday wwk pence. .X ' . P/g<br />

; >-75.8m Misys i * • • 402 . /; . : ;5.1 . ,1.3 27.3.<br />

7.390.000 Molinare Visions 27 . - 1 " . .. .....5 7 .4<br />

- • 20,8m M onksr4 Crane . -• 115*'••:-. 4.4 3.8 14.9<br />

• 8,984.000 M oris Ashby -.1 1 0 . V. - 5 : 4.9 4.5 14,0<br />

' 41.5m Mowat , 47 . +1 25.4<br />

, " ' 10.1m. Musterlin , ' 150 - 8 •; 5.3 3.5-125 •<br />

. . . 25.4m New England Props 25'2- ' -'2 0.4 i . 8 ’i9 .6 .<br />

• 300,000 r. Do 10% > ■ £100: -‘ .• -1000 10.0 ,<br />

'45.1m Norfolk House • . 188 . . ; ,4.5 2.4 10.6<br />

2.633.000 Norbeln ? 38 - 2 - - 0.9 2.4 . .<br />

37.9m Nth See & Gen . 43 - • ’ 1.3 3.0 32.6<br />

7.421.000 Northumbrien Fine 81 ‘ ’-';2.7 3.3 11.9 ’<br />

18.5m OIS : 96 • +20 . . .<br />

•2,100,000 Optometries 21 -1 : . • . ; .<br />

,7.012.000 Orchid Tech • 135<br />

■ 15.1m O sborne'& Littie ' 215. -.<br />

•7,633,000 PCT • • , 172 ^ ..■•<br />

10.9m PML 25 — 1 ;<br />

.4,771,000 Pecer Systeme • ' 9 9 . , +2<br />

111.8m Perkwey - 257 -6<br />

.3,939,000 Pathfinders' • 16«2 -1<br />

3,568,000‘Pevion ' ' 5 ’* -+l?j<br />

. ,19.7m Pegasue ; 367<br />

•■ 03.4m Pape Group .. ‘355<br />

: 2,700,000 Perfcom 38<br />

. ; 03.6m Perkins Foods 93<br />

- 10.4m Parsonel Com puter 208<br />

135m Peters (Michael) ■ .100<br />

1.101.000 Petrogen : - ' - S'a<br />

27.4m'PlcadfIly Radio - - 343 .<br />

*• : 3 8 3 m Plct Pet - ' , 104 - r ; .<br />

‘ 5590.000 Plasm ec ' . 115 -3 -<br />

5.177.000 Platon •• • '• 78 • -1 2 '<br />

26.0m Plum Hldgs . 200 •<br />

— - Porth Gp . , ' " . 1 0 8':<br />

5.015.000 Prism Leisure . . 128 •. - 6 .<br />

- - 35,5m Psion • .::- 178 # - 2 •<br />

22,9m Property Trust .' 3 '' '+ V ;<br />

'24,7m‘. Prospective , , 63 , # - 2 '<br />

.. • -17.5m Quarto - :• > 185 ? r +2<br />

' 20.0m Quillgottl '.'.69 : • : - 3<br />

'6 7 0 8 ,0 0 0 'R '4 V Info 75 ' '<br />

• - ' 4B.5m RKF-.‘ •: -126’<br />

. .•10.9m Radio City W ' . 497 +20<br />

: 19.9m Radio Clyde - ' 3 1 6 : ; -4 •<br />

‘ 37.3m Radius ‘ . 138 • - 3 |<br />

5.053.000 Ramco Oil • 3 0 :'. + 3 :<br />

7,972,000-Ram us, ' ; -180.' •<br />

; 156i1m Randsworth - • 272 • • + 4 '-<br />

12.4m Rathbone,Bros •'193<br />

3.430.000 Real Time Control .4 9 - .• •‘-3<br />

. 11.8m. Regina Health ; • 53 - - 2 :<br />

.‘ 11.2m Reliance S ec ,:1 0 9 ''<br />

3.632.000 Reliant Gp -. . ' .41<br />

- l6.Bm Rlva • • - 140 - • ’.:'<br />

2i.0m -R esoft Hotels - 21 ' v , ...<br />

. '• : 23.9m Rockwood ' 92 +1 .<br />

4.371.000 Rolfe 4 Nolan • l 1 68.- ;<br />

.' •-1 6 .6 m -R o sk el-.• . ,! 126 - • -1<br />

6.650.000 Rural Planning ',103 ;. r + 4 -'<br />

: -23.001 SAC . ■ '• '112 ’ -7<br />

9.638.000 SEP Indl • I 29? • -V<br />

2.750.000 SPS Consuttancy 55 -6<br />

3.300.000 Sandell’ -•• , -1 3 2 ; •<br />

-8,517,000 Sanders Sidney' 1 8 3 '. - 2 '<br />

, 19.7m Sanderson Elect. -235 . +15.,<br />

• 70.2m Savage ' 187 # - 3<br />

'. 70.9m Scot Heritable 179 " * - 2<br />

.- 10.8frt Sec Archives • • 173 : .- + 6 ’'<br />

: 305m Select'App: ’ ' 142 . . ' - 9 ' '<br />

: :40.5m Serif Cowells ” ‘ .166 . ' ' ' -1 0 '<br />

. 5.7 ■ 3.3 20.5<br />

- 1 J e 8.8 8.9<br />

4!o 1.6 17.0'<br />

; 0.4 2.4 14.9.<br />

*115 ! 3/115.6<br />

6.7 1.9 15.8-<br />

.." .v e<br />

2.7 2 5 19.7<br />

4.8 2.315.7<br />

.... 5.2 ; .55;.-75<br />

"4*3'i -.1 .*3*48^0<br />

: 5.8 45:11*0<br />

•6.7 35*145<br />

: -. :. 10,2-<br />

;; 6.0 4.8 10,0 '<br />

‘ ,1,6: 0.9,17.0<br />

■Jl’3 2.1 • 55<br />

1 5.5- 3.0 17.5<br />

2.7 3.9'12.3'<br />

:'4‘5- 3*6 13!8.<br />

•8.0 1.6 19.7:<br />

7.7 2.4.195<br />

3 JS- 2.5 10.9<br />

V. . '.•.• ,<br />

.10.0 5.613.5<br />

.; 4 .0 .• ,1.5 ..•<br />

; 6.7 3 5 141<br />

2.7 5.5 13.4<br />

■0 .7 :’ 1.3,20.9.<br />

6.3 5.8 10.1 .<br />

0.7 f. .1:7 33.9<br />

2.7. 1.9 ;;<br />

' 0.3 n 1.4 15.4<br />

1.0 1.1 t4 .9 1<br />

6.1 3 .6 1 3 5 '<br />

; 5.4 : 4.3 13.0<br />

" 2.9 ..’2.6 [15,4<br />

' 5,3-- 4.7 13.6,<br />

!' 1.0b 3.4; 9,6<br />

. . e , . 11.7<br />

• S.9; 4.5 13.1<br />

: 6.4 4.6 17.0<br />

4.01.7 17.3<br />

-4.7 2.5 13.9<br />

8.0 ’4.5 15.1 :<br />

: 5.3 • 3.117.2<br />

3.6: 2.5 15.4 ,<br />

‘.'5 .3 ; ,35-'15.4 :<br />

INVESTMENT TRUSTS<br />

■ Capiialiratiori•••:.•'<br />

■ Company.<br />

. Pnce .Chge Gross 'Div: .<br />

-. last on ' div c..YIdf. .<br />

Friday week: pence .: %: - P/E<br />

‘488.0m Alliance<br />

■ -109.0m Amer Trust •<br />

f. 286.1m Ang 4 O 'seas «... .<br />

i34.7m Bankers ' . . '<br />

-299.5m Br A ssets . .<br />

_ 59.8m Br-Empire S ec .<br />

: ;365.6m Br Inv ‘<br />

. 87.0mBrunnEir.<br />

. ; 62.0m CDFC Tst.<br />

- ; — Do 6H% Ln . v<br />

• ,143.6m Conti 4 Ind • :<br />

• 42.9m Darby Inc ' '<br />

. 23.5m DoiCap-:,-;<br />

179.3m Drayton Cons ‘v<br />

, 110.6m-Draylon Far East<br />

54.6m Dundee. Lori ,<br />

510.8m<br />

• > 87.7m<br />

- 6i:tm ,<br />

— 96.6m<br />

•230.0m<br />

970-' # + 2 ‘ 41.3: 4,3 73.1<br />

- 13234 • + 1 ,2 . 5 5 ','3 .9 33.9<br />

250’2 ^ - 2 ' 3 5 ^ 2 5 56.8<br />

87<br />

. 7 8 :'<br />

' V 45 ' ■<br />

5B6<br />

136:<br />

+ '2<br />

+ 'j<br />

21- 3.1 42.0<br />

‘4.1 • 5.3 26.1<br />

• . . •••..-0.9- 2.0<br />

■ -1 ;r 20.3, 4.5'31.S<br />

-4.1V 3.0 41.7<br />

: 62 -- -1 . 0.9. -1.5 35.6'<br />

. £85'^,yI;.-. . 650 7.6. '<br />

846. • ... 66.7 7.9 15.9.<br />

!<br />

'•• 44.7m<br />

’,176.4m<br />

. 88.2m<br />

9,562,000<br />

'143.1m<br />

BB.Om<br />

.,5 7 .6 m<br />

. 56.0m<br />

1 . ■ 3525m<br />

29.7m<br />

• . '1B9.7m<br />

•292.6m<br />

239.1m<br />

. /69.8m<br />

• 111.6m<br />

’691.0m'<br />

Edinburgh.<br />

■Electric-Gen. >'■<br />

English Int -<br />

English S c o t '.<br />

Ensign •••:;<br />

F -4.C Eurotnjst<br />

F .4 C Pacific<br />

F.4C.Sm aller .<br />

First Charlotte'-<br />

First Scot Amer .<br />

Flemlng'American.<br />

Fleming Claver .<br />

Fleming Enterprise'<br />

Fleming Far East .<br />

Fleming Fledgling<br />

Fleming Japan ■<br />

Fleming Mercantile<br />

Fleming O verseas'<br />

Fleming Tech - .<br />

Fleming' Untversal<br />

For Coi:'•97<br />

.296<br />

;121 •:<br />

' '..02<<br />

’• • 279 ’<br />

• 166 ■<br />

- 7 6'j<br />

. 1234<br />

452<br />

130<br />

288<br />

140--<br />

233<br />

237<br />

• 247 ,<br />

202’j<br />

,180 •<br />

.177<br />

:171<br />

131*2<br />

: + i "<br />

+ 2<br />

:,:.-2 '. 15.8 ” 9.1-.14.6<br />

.17.6 3.4’’4 i ><br />

2.8- .0.7<br />

+ 1 . 11.7 3.6 36.0<br />

7 5 b 4 0 43.9<br />

-1 ,. 2.5 ' 2.6 54;8<br />

+ 3 6.6 b 2.2 62.7<br />

, +1*. • 3.3 2.7 59.6<br />

• : .1 .6 2.0 59.0<br />

: Capitaliialfon:<br />

. E. 7 . Company.:<br />

..Price Ch*g«- Gross Oiv :•'<br />

last-. ; on ...div ; . Yld • ' .<br />

Friday.-wwlc, pwee; P/E'<br />

•', 78.0m Law D ebenture - 344<br />

, 51.3m Lon Amar Ventures 56<br />

•181.3m Lon Merchant S ec 112<br />

+ 8 ‘. ■••2.7 .<br />

. .; -1.6<br />

i, :1.6.<br />

.. 0.1<br />

1 - 2 22.4<br />

+2'a • 1.6.<br />

r 2 ” •<br />

-2 '<br />

: -1<br />

9.7<br />

3.2<br />

1.2<br />

3.5-<br />

: ... 0.9<br />

• -1'*" :e.3<br />

• + 2 V -4.3<br />

+2 2.0<br />

■ +2'7ze<br />

• +1'2 . 3.0<br />

• '■ '2<br />

. • - 2 .<br />

,,.-1 .<br />

; +1 '<br />

1 +2*2 ,<br />

v- '+3 .'"<br />

= +3<br />

a +7 ,<br />

1.0 . .<br />

1:0<br />

2 .t 59.0<br />

0.8 ,..•-<br />

5!0 26.5<br />

>1.2<br />

.. 3.4 35.3<br />

■ 2.3 74.5<br />

0.5 •<br />

.1.5 64.4<br />

0.4 33.7<br />

3.1 42.1<br />

2.4 6 8 5<br />

1.1 .<br />

1.6 79.9<br />

2.3 57.9<br />

; 104.1m GT Japan . .,334<br />

• 19.9m G eneral,Cons Cap 110 '<br />

. 43.4m : .Oo Inc 120: .<br />

877.6m Globe (aa) ': 165 ‘<br />

• 115.0m Govett Atlantlc 142<br />

339.6m Govett Oriental' 378 ?<br />

250.3m Govett-Stralegy . ' 255'. •<br />

•;38.3m Greenfrlar 2 8 5 -<br />

? ^O.lm Gre3ham House • '475 -<br />

:15B.2m Hambros ; r; S i296-.:- ; -+ i ,"• '7 .3 : 2 .5 ‘52.1'-<br />

• •: 53.9m <strong>Independent</strong> Inv Co !5B ' - + ’< •' :0.3 ; 0.5<br />

. 24B.6m Iny.'Cap ; • V 402 • ■ - 1 - 20.7 5,1 26.7<br />

il4 ;2 m Kleinwori C harter>’.141-: -v -.'4 ••• 4.3 j 3.0 38^0<br />

116.7m Kleinwort O ’se a s 145Y . • + 4 '- •-; 3 ,6 2 .5 ,5 1 .4<br />

, , 23.3m Klejnwort SmallerTj:.177r,-';« ^ . , ;- 4 ,9 . Z B 4 7 5<br />

10.3b<br />

6.2<br />

4.0b.<br />

1.9<br />

5.7<br />

3.9<br />

8.7<br />

& 34,6<br />

42.4;<br />

6*1.0<br />

78.1<br />

52.4<br />

. •177.7m'Merchants' . 1:<br />

,1.597.4m Merrill Lynch<br />

r .197.8fh Monks'Inv Tst :<br />

• :170,3m Murray Income<br />

•242.1m Murray Inti<br />

. ...106.0m Murray Small<br />

1.' 68.3m Murray Venture<br />

• 425m Nwthrog Inc 83 ••<br />

• 66.8m New Tokyo .<br />

10.9m Nth Sea A ssets :<br />

^ 142.5m Nthn Amer<br />

.... . 76.7m O ’se a s inv Tst<br />

. 25.2m Pacific Assets<br />

• - 25.Bm Panslda Gp<br />

. .7,540.000. Personal A ssets •<br />

187.2m<br />

: 22,3m'<br />

-1,475.7m<br />

•. 72.3m<br />

; • 99.8m<br />

r' 368.5m<br />

: 230.3m<br />

: 327.3m<br />

V 14.4m.<br />

•- 436.4m<br />

1647m<br />

190.5m<br />

-•:.•' 25.3m<br />

. ':-S4.6m<br />

83.1m.<br />

: 45.5m<br />

• 37.5m<br />

.-1673m<br />

51.9m<br />

• 149.6m<br />

27.2m<br />

257.4m<br />

135.1m<br />

: 243.6m<br />

• ;. 12.9m<br />

107.6m'.<br />

22.8m-<br />

49^4'm'<br />

r 12.9m<br />

■ .22.8m<br />

173?4<br />

£16V<br />

•255 •<br />

. 206<br />

206<br />

191 .<br />

328<br />

•108 ;<br />

. 152’<br />

- 26 '<br />

425 :<br />

’ 205 ’<br />

•210<br />

.60<br />

• 50'a<br />

1. 113'2<br />

74<br />

“ 289 .<br />

281<br />

-£17’a.<br />

St Andrew Inv Tst' 210'2.<br />

Schroder Global 277<br />

Scottish'. •:.<br />

Scot American<br />

■Scot Eastern •<br />

Scot Merc ‘A*<br />

Scot Mtge •< ••<br />

Second Alliance<br />

Secs Tst of Scotlridl19<br />

Selcective Asset - • 8712<br />

Smaller Cps I3 9 t.<br />

Sphere Inv • • 70<br />

Steel B urrill;. . 230 /<br />

7T?-Australia :•' :-'122 !'<br />

TR'Clty Of.Lon pfd 87»2-<br />

• +1 - 13.6 4.0 2B .2:<br />

• +1 • • 0.6- 1.1 98.2<br />

•..+9 --^O ,j3.6;-1B.8<br />

• -1 U .: ,8.0 - 5.i'2 5 .4<br />

RIT Cbp Prtnrs<br />

River 4:M erc<br />

Robeco<br />

Rolirico V "1 ■<br />

Rorento • , '<br />

• -2 »2<br />

: +1- ■<br />

• -1 .,<br />

• -7 r<br />

+ 1 *2<br />

+ 4-;'<br />

+ >2 '<br />

• +4 ,<br />

-10 \<br />

+ l . 'r<br />

v-'Vr<br />

-1<br />

-+ i<br />

+3<br />

; 4.4 1.7.78.0<br />

.10.8 5.2.28.6<br />

9.3 4.5 25.5<br />

'2.8 -1.5 86.4<br />

,6 .6 . 2.6 51.5<br />

7.7 -7.1 18.2<br />

0.3 e 0.2. . .<br />

8.3 "2.b'6i*6<br />

, 2.5 1 5 - - : .•<br />

1.1- .0.5<br />

:3.0 5.0 13.4 ‘<br />

. 1:3 2.6 44.7','<br />

1.2 ,.l 'l .r . . :<br />

•-145<br />

.1 0 3<br />

155<br />

90<br />

• 1 2 1 *<br />

858<br />

• + ' 2 -<br />

• +V-<br />

• +1'2<br />

• +1-<br />

-1<br />

:.+ 1 ’<br />

. •' +4 .'<br />

. i+ ' j :<br />

: ’ '+V *'<br />

..••+3".<br />

• +7<br />

6.7 :<br />

• 6.1<br />

. 4.3 •'<br />

.3.4 •<br />

• 4.0 •<br />

6 .1 : •<br />

•3.2b<br />

32.0<br />

5.9b<br />

0.7 '<br />

•3 .0<br />

2.8<br />

13.3<br />

3.2 39,6<br />

2.2 55.2.<br />

3.0 45.7<br />

3.3 36.7<br />

2.6 49.2<br />

6.8-19.9:<br />

2.6 48.6<br />

3.7 36.6<br />

5.0 31.9 .<br />

0.8 57.6:,<br />

2 5 93.9 -•<br />

4,a 56.0<br />

5.619.7<br />

TR. Pacific<br />

TR'Property , . '<br />

TR Tech'Inv.<br />

TR-^Trustees - .<br />

•Temple Bar •.<br />

Throgmorton<br />

Throg Dual "<br />

Tribune! . ..<br />

TriplBvest Inc .’” •<br />

USDC: Investment-<br />

Value Inc T st'<br />

Viking R esources.’<br />

. ••129.2mlWestpbol . V ••<br />

>346.2m,Whitbread Inv *<br />

. ,: 452.6m .^itanj-.t .<br />

7712<br />

57^4<br />

•: 75<br />

. .144*2<br />

236<br />

435 •<br />

370<br />

210<br />

•\:95; •.<br />

i35<br />

• 64 ’ •;<br />

,.5 7 ...<br />

f 131 -<br />

552. r<br />

:.'132’2 .<br />

+ 2 ., 4.7b 3,9 39.6 -<br />

+'2 ;. . 4.1 ■,-4.7:32,9<br />

+ 2 V .0,3 - 0,4 22.1<br />

-'2 1.2. '2.T 55.5 .<br />

.1.9 .2.5; . . -<br />

3.3 -2.3,79.4<br />

.11.3 4.6 24.8 '<br />

- 6 17.7 . 4.1 :><br />

+10 ^-V.‘ ... .: .,.••'<br />

•5.3 2.5 43.5<br />

; 23.5 2 4 7 5.4<br />

+2<br />

+1<br />

,+ 1<br />

• +1<br />

. +1<br />

-1<br />

. .4.7:: 3.5 34.2 =<br />

- 2.1-;' 3.3 35.2 •<br />

2.7 . 4.7 24.9.,<br />

'■ 2.4 - ;1.8'44.4<br />

’ 12.6 2.3 5B .6'<br />

. : ;3 7 - ."2.8-46.B,.<br />

Capitalizalion • ’<br />

• •• - • E : 1' .Company.:<br />

Price Ch'ge<br />

last on<br />

: . Friday week<br />

Gross'-<br />

div •<br />

pence '<br />

.Div<br />

Yld i '<br />

% , ' p/e<br />

H .3m Savartiald-RMve ‘ ' 119 : -1 3.7 3.1 12.8<br />

•14.7m Sherp 4" Law . ! 85 '-.,:;+ 2 4.2 4.9 22.4<br />

’ 4,242,000 Sheldon Jones 82 V 6.2 7.6 13.4<br />

2,400,000 Shelton (Martin): • ‘ •<br />

. 0,210.000 Sheriff HldflS . s •<br />

. 40 / 2.7 5.5 "9.9<br />

150 . 7.0 4:4 12.7 .<br />

• .0,181,000 Sherwood Comp >,120 : -+1 6.0 ■5.0 5.4<br />

58.7m Sherwood Group 365 r - 7 7.3 2.0 .9.8 ^<br />

: '5,513,000 Shorco : '225 • -17- 6.0: 2.7 12,4<br />

•. 51.1m Sims Food 239 .’ 9.9 4.2 14.7<br />

. 5,900,000 Soundtracks 59 . - ■- 2 ' . 2.9 5.0 10.9<br />

108.0m Sthn Bus ' 471 '• ’ -1 8.0 1.7 11.9<br />

5,391,000 SW .Resources . . 11'a ; + 'j • 13.9'<br />

v 43.5m Spendex • 415 * 5.7': 1.4 16.9<br />

. 8,604,000 Spedeleyas -59 •. +1 1.3 22 14.2<br />

' '5,709.000 Spectrum . •33"; - -1 ' .-, •. 25.6<br />

9,338.000 Spice •. • 60_. r - 3 3.8 6 ^ -<br />

• ' 10.4 m S pie sh 61 • +1 3 . 6 ' 5.9 10.0<br />

; 4,641,000 Stelnless Metal ' ,01 +3 1 2.7 3.3<br />

, 2& im Stenco Exhlb 30 • -1 0.4 1.1 20.7-<br />

376.9m Stenhope Props 227 ;-*-6 ■ . 0.1 '21.0<br />

26.Bm Sterling.Pub * 136 ,; * 4.4 •" .3.2 102<br />

- ' : 10.5m Sunlelgh B e rt m<br />

. -11.1m SunsaT& Vine . : • . P6 • • - 22 2.6 10.1<br />

240<br />

222m Su<strong>the</strong>riehd 01 ; -1 22 ‘ 2.7 32.0 '<br />

-1 0 .2 m .S y n e p se Comp<br />

; 5,220,000TDS Circuits'*<br />

290<br />

• 58<br />

•• + 1 -<br />

* -1<br />

4.5 - 1.6 13.6<br />

• , 22£m TMD A dvert. ' 252 4.0 1.6 19.2<br />

. 32.7m .TSB Chen Islends.- .2 2 3 - .'+25 6.1 x 2.7 11.2 ;<br />

• 131.2m TV*am • 201 • +1 6.7 . 3.3 13.3 '<br />

• . 4,427i000 Telecomputing -,<br />

• 3,800,000 Telford Gp<br />

93 : -5 0.9 . .1.0 ■ ’<br />

12 r •' , . " • ' - ■ "<br />

; 11,5m Thornton GW 177 -3 • 5.7 3.2 13.4;<br />

9,810.000 Thorpec ' • i 45 -1 : *1.6 3.6.<br />

• 7,920,000 Tinsley,(Eliza) ....... 110 2 ,-- 6.1 •5.5 11,6<br />

.7,451,000 Tilon- 77 3.0 3.9 •<br />

7,451,000 Tore* Hire -. 77 • - .; i 3.0 3.9<br />

• ‘5,300,000 Total Systems 53 1.0e 1.9 9.9<br />

, -7.762,000 Transrap Hldgs - -71 •. • 2.0 2.B 16.0<br />

33.5m Tranwood ; 3 4 'a . : -1 - 4.0 11.6 10.B<br />

B3^m Trencherwood ’333 . • +10 6.8 1 2.0 -9.0<br />

11.1m Trevlan H ldgs-. 121 . +14 4.0b 3.3 11.6<br />

29,7m Trillon-• 51 . -r2 « • "• 7 ‘<br />

. 10.2m Tubular Exhib ; 2 2 'j ■ : 0*4- 1.6 12.7<br />

• • 3;466,000 Tudor • 140 + 2 0 ’' 8.0 5.7 8.5<br />

, •7,745,000 UCL Group 85•.- •“ '-3- •• •5.3 • 6.2 7.1.<br />

2,611,000 UHS Inti •.-' -16^' ' -1 . ’ ;’.i<br />

'. 30.9m UTC Group •<br />

1105m Utd Frlendy .<br />

203 • -2 ; 13*3 6.5 6.8<br />

708 35.5 5.0 .<br />

• -7,961;000 Usher (Frank)<br />

• : 14.6m Venture Plant -<br />

115 . - l ! : ' B.O 7.0 6.9 •<br />

115 - -3 • 4.3 : 3.7 13.9.<br />

0,566,000 VkJeo Tape Rec 124 • - 3 • . 3.3. 2.7 13.8..<br />

• • 22.0m Vlstec . . . 23 . -2 ' '•<br />

5,752,000 WSP HIdgs: . " '<br />

. - ; 10.4m Wardell Roberts<br />

89 ' • / • ■ 2.8 , •3*1‘13.5<br />

65 ••■•'" *-3''<br />

' 6,824,000 Walpac 26 0 7 . 2 7 10.8 •<br />

' 6,038.000 W entworth- -48 ' . - 2 . .. : 2.5a 5.2 12.8<br />

■5,320,000 iWhlnney M ackay' '<br />

; 9.417,000 William (Rex) Hldos<br />

6,395,000 Wood John D & Cc<br />

100 , ‘ . - 2 ' • • 5 .7 : 5 7 12.3<br />

$8. . —1 * 0.7 •1.8 34.2<br />

i 63 5.3. 6.4 6.6<br />

. I1.3m-Wld of Lea<strong>the</strong>r - . 140; Mr7. - . : ,6.0 4.3.-6.3<br />

18.1m Wyevale • 302 ' • -3 ' • 6.0 2.0 :19.0 ;<br />

14.4m Wyko ' 82 -• ' :-1\ 3.9 • 4.8 13.3<br />

4,773,000 Yelverton . ' 41 ' , r - 1 . 0.7 ' 1.7<br />

-42.6m York T st Gp ‘ 48 v +2 3.4 -• 7.1 5.2<br />

. 21.9m Young Group , .<br />

31.4m Zurich Group<br />

235 ' 4.3 :1.8 11.7<br />

: 3 2 . • 2.7 ‘ 8.4<br />

• Ex. dividend a E x all b Forecast dividend e Interim<br />

payment-passed f Price at;suspensl0 n gDividendand<br />

yield ekclude;a special payment k Pre-merger ligures n .<br />

Forecast earnings o Ex o<strong>the</strong>r!r Ex rights s Ex scrip or •<br />

share split t Tax-free . . No’significant data.<br />

THIRD MARKET<br />

‘ Capitalization ..••• v '^.<br />

, £ .:•■ .Company , .<br />

. Price<br />

last<br />

;. Friday<br />

.Ch'ge<br />

. on •<br />

•week<br />

Gross<br />

.div<br />

pence •'<br />

Oiv<br />

Yld<br />

; P/E<br />

• 2.271,000 ASB Barnett ; . -7 9<br />

2,288,000 Amercoeur • ' -' 12 -• - 2 ’<br />

2.038,000 Andaman :Res -70 , - 1 . : ) •<br />

1.544,000 Ass Farmers : . 76.<br />

23.9m Beckenham 113 '■- 2 3,3 2.9 14.6<br />

. 6,810,000 Broadcast 192 +1 - 20.7<br />

•4,180,000’Casperi Oil ’<br />

•• 1,344,000 Chelsea:Art •> •'<br />

• 18*2<br />

70 . - ’5 ,'.:tO 1;4 8.3'<br />

. 2,571,000 Chemex Inti ;• 48 - . 1<br />

2,208,000 Crown Eye \ .130 , 15.9<br />

4,190.000 Eglihgton<br />

•;. - 13.2m Far E Res . .<br />

65 -3 36.1<br />

.5 6 +1<br />

-2.356.000 HlfcJare , 85 . +2 14.2<br />

16.0m Honorbilt. 27 . +4 ; 13.8<br />

' 2,159,000<br />

'1.945,000<br />

4.356.000<br />

- • 51.3m<br />

4.372.000<br />

40.9m<br />

0.115.0m<br />

’ 1,043,000<br />

.2,519,000<br />

: 7,798,000,<br />

7.089.000<br />

. 41.4m<br />

Inti Comms<br />

& < PE)<br />

Leading U r<br />

lynx Group .<br />

. Medlrace '<br />

Norton Gp<br />

Pennine Optical ‘<br />

Rentamlnster •<br />

Royal Sovereign<br />

Seacon • ■• '<br />

Takarer<br />

^4,800,000 U PLr- •’<br />

-. 6,977,000" Unit; Group .:<br />

-\ 13. :<br />

43.-<br />

. 98<br />

• 89 :<br />

;17'•'••<br />

193 *<br />

10*2<br />

:*;35•'<br />

•02 .<br />

—185,:<br />

123 .<br />

-475-<br />

110<br />

: 135<br />

.-5'<br />

-1 ,<br />

-1*<br />

» -5<br />

+5<br />

2.0 4.7,16.3<br />

20,9 :<br />

2.7 3.0 15.0<br />

•• I r '6 . 2<br />

:..V 7.1<br />

• 2 .7 .; 4.4<br />

r 7.3.- 3.9 .11.1<br />

3.3 '2 .7 7.8<br />

• 1.3 0.3 41.9<br />

3.2 2.9 14.7<br />

6.7 . 5.0. 7,7<br />

GOLD<br />

B U LLIO N :<br />

Open: S389.25-3B9.75 Close: $387.00-387.50<br />

High: $369.25-389.75 Low: $385.50-366.00.<br />

C O IN S : . ■; P e r c o i n (E x V A T)<br />

Britannia:$39B.00-)03.00(£234.00-237.00)<br />

Krugerrand: $386.00-369.00 (£227.00-229.00) ; v<br />

................ " 1 -2 3 7 .0 0 )':-<br />

-----0 (E234.00-237.0D)<br />

New Sovereigns: $91.00-92:00 (£53.50-54.25)': ’:<br />

Mapleleal (/1oz): $398.00-403.00 (£234.00-<br />

American Eagles: $398.00-403,00 (£234.00<br />

New Sovereigns: $91.00-92:00 (£53.50-54.!-.<br />

Old Sovereigns: $91.00-92.00 (£53.50-54.25<br />

Platinum: $551.25 (£325.05)<br />

Palladium: $179115 (£105.65<br />

i Sliver: $5.85-5.87 (£3.440-3.455)<br />

House of Lords Law Report April 17 1989<br />

Revenue loses ‘preposterous’ company tax case<br />

€ollard (Inspector of Taxes) v<br />

Mining and Industrial liold-<br />

’ ingsLtd<br />

. Before Lord Bridge of Harwich;<br />

Lord Brandon of Oakbrook,<br />

Lord Oliver of Aylmertbn, Lord<br />

Jauncey ' of Tullichettle and<br />

.. Lord Lowry ’■ ■ .. ,.. ■ ",<br />

[Speeches April 13]<br />

Parliament in drafting .<strong>the</strong> pror<br />

visions: for. <strong>the</strong> interaction of<br />

consideration of <strong>the</strong> interrela­<br />

tion of some very ; complex<br />

statutory provisions. v ::: >■<br />

i It was agreed that <strong>the</strong> statu- ’<br />

tory proyjsions';, enabled <strong>the</strong><br />

before Mr Justice Walton-<strong>the</strong> quite <strong>the</strong> opposite conclusion to<br />

: Grown had argued that <strong>the</strong> word that.: contended for by <strong>the</strong>'<br />

“may” in section I00(6)(b) Crown.<br />

meant.“shall”. That coritention ; ' They ; pointed, Mr Park<br />

had been -rejected and <strong>the</strong> submitted, strongly to <strong>the</strong><br />

million during that period.1<br />

However, it had not! allocated'<br />

<strong>the</strong> SCT to <strong>the</strong> cofporation ta x :<br />

attributed to its items of income ;<br />

pursuant, to <strong>the</strong> provisions of ,<br />

section 100(6) of <strong>the</strong> Finance laxpayer company’s' ACT to be Crown ‘ had ' exprcssly aban- conclusion that in" making <strong>the</strong><br />

Act 1972. . ! set off at least to some extent, doned it before <strong>the</strong> Court of necessary tax computations, <strong>the</strong><br />

. .It claimed that in computing against itscorporation tax liabil- Appeal and <strong>the</strong> House. deduction o f DTR was intended<br />

its corporation tax liability, . ity. The question, posed.was, <strong>the</strong> ;The Crown’s c a s e n o w w a s to precede<strong>the</strong> set-off of ACT.,<br />

notwithstanding <strong>the</strong> provisions. way. in which that should:be.' th a t:reading section 100 as a ! The- Court of Abneai had<br />

of sections 501 and 505 o f <strong>the</strong>: done. :. •' , ' .: r whole, <strong>the</strong>re could :be discerned rejected that argument in setting<br />

Income_and Corporation Taxes The taxpayer, com pany’s a necessary!implication o fa pro - " • - ®<br />

Court of Appeal<br />

right to appear<br />

out- its conclusion !(see. [1988J :<br />

double taxation relief :(DTR) ! A ct'1970 and-section 85(1) of: /contention that fin calcualtirig fata allocation arid freduction; SJC 15 24) But <strong>the</strong>re: were<br />

and' advance: corporation tax <strong>the</strong> Finance Act 1972, credit was <strong>the</strong> amount available for set-ofT anrlounting, in effect^ to an parts<br />

(ACT)'intended that a company first to be given for DTR and ' <strong>the</strong>re should first: be deducted expressenactment to that effect.<br />

•in Computing <strong>the</strong> amount-of its;, ACT was <strong>the</strong>n to be set against : fromnhe control.dividends and ; Alternatively,' it : was-.said,<br />

corporation tax liability could its remaining corporation tax’, non-control:dividends <strong>the</strong>!DTR section 100(6) was clearly<br />

make'deduction for DTR before: liability. ; attributable to.'<strong>the</strong>m result'ed iri framed on;<strong>the</strong>''ahuthpti6n: There was no justification for -<br />

imposing in . <strong>the</strong> absence of<br />

Printout admissible as ietidence<br />

. compelling :stafutory words an<br />

additional tax burden on a<br />

piirported- to replace <strong>the</strong> Iim ita-: receipts were invariably issued ;:SP failed to conform with <strong>the</strong> It had to be, right that in<br />

tion provisions <strong>the</strong>reunder, it instead of b ills'o f ladirig by section l(6)(b) requirements. / enacting section . I (6)(b); <strong>the</strong> . ... ......<br />

' was-.nipt invalidated by* <strong>the</strong> English cross-Charine 1 op- ; Thepurpose of<strong>the</strong>subsection -^g^lature: - .did not intend :to ,. company sin^ply because it had<br />

provisions of <strong>the</strong> Act- : - ..erators. was to confer on a voiiintai^ ^pyGn^de;thp-agreeiTierit;.of;<strong>the</strong>: niade. distributions on w hichit<br />

The limitation , of Iiabiiitv . ! th e narties’ contmrt Pv. contractual tie a statutoiV bind- . Pa«ies whren u<strong>the</strong> parties to d had paid tax in advance.<br />

; provision' in <strong>the</strong> rules referred idericed by a* non-nego’tiable ; Inf t th" rf6r to ^nco:I:i>or^te^he, rule? was^conlended for by<br />

only .to . th e;, misconduct- or receipt :note, purported to re- ^^Vshipowners, if <strong>the</strong>y, were; jn *heircontrI?t •--■.'••: <strong>the</strong>? Crown was that because it<br />

recklessness bf <strong>the</strong> earner him- place <strong>the</strong> limitation provisions ? ?tr?n? enough bargaining pos-: „ * rtjHe i v ’ riilp S ' .1, . had;, m ^ e .a; distribution and<br />

self.or to hjs .‘‘alter ego” and did : under article IV, rule 5(e) of <strong>the</strong> : Hnoiip.Vitliv ’r . . 1pc;co* paid that; sum in advance^ <strong>the</strong><br />

not include <strong>the</strong> reckless acts or Hague-Visby Rules. The plain- H 0J rules i>y issuing a<br />

omissions of , <strong>the</strong> servants or tiffs contended'that <strong>the</strong> defen- ' [*otlc? to shippers thatTio billsof<br />

agents of <strong>the</strong> carrier. dants could,- not limit <strong>the</strong>ir !adlng 'v ?u,tl be issued by <strong>the</strong>m<br />

Mr Justice Steyn so held in . liability as <strong>the</strong> rules had statu.-.- T h ?s’eVdori;l(6)(^) words^^^“as; ! ‘'act or oriiissiori'of <strong>the</strong> carrier rnTrh,cinnSiho| Unrea.SOnab'e i3<br />

<strong>the</strong> Commercial Court of <strong>the</strong> tory force m relauon to <strong>the</strong> ,-f ^ kjii done with inlent tb ran«r-Ham. ' conclusion; that most; compul.<br />

v Queen’s Bench Division in a- .contract. . ; , ..<br />

reserved judgment .when allow- ; Section<br />

..................................... - e taxpayer .cbrnpany1 Isufiered<br />

tiffs cbntended' th a t <strong>the</strong> ^efen- " 0110? *” ^ 1^ ^ 1^ 11^3*11” *5'*150^ : - ■ ^ ^ - additional corporation tax to <strong>the</strong><br />

uiis Lonienuep inai. xne aeien-, H.n- , . |ri h„ . vis.nnc The . -<br />

mg: a ! claim , ’.by V<strong>the</strong>1 plaintiff<br />

freight hauliers. Browner Inter-,<br />

national Transport Ltd, against<br />

<strong>the</strong> defendants, ' Monarch SS-<br />

Company Ltd, owners of <strong>the</strong><br />

i 'J - !.'.rv;:'<br />

^isions.^The received view that . tune of £254.137<br />

<strong>the</strong> word/carrier-.^in:<strong>the</strong> p h r a s e •'.■<br />

___________ . xw/ _ ‘‘act or-bmissipri'vof <strong>the</strong> carrier<br />

if^^ <strong>the</strong> ’r ^ S p t l w ^ a - b i i i , :b f .done ^ ith iijte rirtb ^ u se ^ sive statutbrv'^rovision wbiild<br />

• lading” were not included in <strong>the</strong>; ?ee> ;or, -recklessly/, arid with<br />

l(6)(b) of <strong>the</strong> 1971 receipt. Section’ l(6)(b) con- 'knowledge^^that^damage would<br />

idenced as a; contract for .<strong>the</strong><br />

carriage of goods at sea, ex-<br />

Act prbvided that, <strong>the</strong> rules had . ferred on a voluntary contrac- Probably result” was correct arid<br />

,<strong>the</strong> force of law in relation to tual tie <strong>the</strong> statutory force. only <strong>the</strong> narrow' view o f its iriter-<br />

any non-negotiable receipt ev- if its formal. requirements were pretation had to prevail..<br />

fuIfilled. The receipt failed to Solicitors: Clyde & Co; 'Da-<br />

cpmjjly'with section l(6)(b). vies Arnold & Cooper..<br />

be required : before reaching it.<br />

There was certainly none in <strong>the</strong>,<br />

case and <strong>the</strong> appeal !:should be<br />

dismissed. '-!’.-.’!<br />

,; Solicitors: Solicitor of Inland<br />

Revenue; :Frcshfields.<br />

Garner v DPP '<br />

Before Lord Justice Stocker and<br />

Mr'Justice Roch ’ :<br />

[Judgment April 14]<br />

A printout that-.was a product of<br />

a mechanical device was admis­<br />

sible at corririibn law; as being<br />

real' evidence arid .was 'riot, for<br />

, <strong>the</strong> purposes of section 6 of <strong>the</strong><br />

Road Traffic Act 1972, as<br />

substituted in .Schedule 8 to <strong>the</strong><br />

Transport Act 1.981; dependent:<br />

upon; section; 10(3) of that A ct.' :<br />

The justices, on a hearing<br />

upon a charge of driving with an!<br />

excess ' of alcohol - in thb<br />

accused’s- breath.werecorrect in<br />

admitting, in evidience <strong>the</strong> print­<br />

out even though it had not Wen.<br />

signed by <strong>the</strong> officer/ who had<br />

carried out <strong>the</strong> test. .:v.,;<br />

, Lord Justide Stocker so held<br />

in'<strong>the</strong> Queen’s Bench Divisional<br />

Court when dismissing <strong>the</strong>.ap- '<br />

pealofW illiam G arnerbrought<br />

by way bf case; stated' frorri <strong>the</strong><br />

determination of <strong>the</strong> Greenwich -<br />

Jusuees on March 21, 1988 that<br />

<strong>the</strong> omission of a signature on<br />

<strong>the</strong> copy of <strong>the</strong> printout pro­<br />

duced by <strong>the</strong> Lion Intoximeter'<br />

3000 did not affect its admis­<br />

sibility and nothing under sec­<br />

tion 10(3) of. <strong>the</strong> 1972 , Act<br />

prevented a police officer from;<br />

giving .oral evidence of • <strong>the</strong><br />

results of <strong>the</strong> breath tests. Mr<br />

Gamer also appealed against his<br />

conviction. v<br />

Mr! Robin : Griffiths for Mr<br />

Gamer; Mr'Jeremy Carter-Man­<br />

ning for <strong>the</strong> DPP/<br />

' LORD JUSTICE STOCKER<br />

said that ’.folio wing earlier, prac­<br />

tice directions at Divisional :<br />

Court hearings bf such cases as<br />

this <strong>the</strong> printout from a Lion :.<br />

Intoximeter should be available '<br />

in evidence. . ’<br />

The: driver had provided two .<br />

specimens bf breath and calibra­<br />

tion- checks upon <strong>the</strong> Lion<br />

Intoxim eter rriachine ■ 'had<br />

shovyri that , it ; was working<br />

correctly. :<br />

’ The printout showing <strong>the</strong><br />

results of those tests was not<br />

signed by <strong>the</strong> police officer in •<br />

charge bf <strong>the</strong> tests but had been:<br />

signed; twice by <strong>the</strong> driver. .'.<br />

It was contended by <strong>the</strong> driver<br />

that th e; admissibility of: <strong>the</strong><br />

printout depended upon section<br />

10(3) of <strong>the</strong> 1972 Act, as<br />

substituted. Section 10(3) !:was ,<br />

related to and confined t o ,<br />

prosecutions under sections 5<br />

, and 6 of that Act. . : •<br />

; A priritout as a product of a ;<br />

riiechariical device fell - within1<br />

<strong>the</strong> category of real evidence and<br />

was not dependent upon section.<br />

10(3). Th’e.purpose.and effect. of<br />

section 10 was to permit an<br />

Iritoximeter printout; to be ten-.<br />

dered at a section 5. br 6 hearing :<br />

without <strong>the</strong> necessity of anyone,<br />

being; called to. prove that<br />

<strong>document</strong>. -<br />

Mr Justice Roch agreed.<br />

: Solicitors: Donnelly & F.lliott.<br />

Gosport; CPS, Inner London.<br />

It,


mature graduates feel betrayed<br />

cannot get ’<br />

where <strong>the</strong>y could be going wrong<br />

THE TIMES MONDAY APRIL 17 1989 31<br />

DAVID HARTLEY-<br />

uth .Baines . has,, n ever’ . .’•while at college; seems 'to '.escape-<br />

■had a: job. ’She;.married.' many employees,’’.'says Helen! Per-.,<br />

at . 18, .expecting;- -.<strong>the</strong>// ' ki ns, chairman of <strong>the</strong> Association o f ■<br />

[bonds.-to 'hold for .jife;r• Graduate Recruiters. She adds,: how- V;<br />

-and ..settled.'.down -. to-.; .’■even .that. niature graduates looking; -;<br />

what she describes’a s ' “ living out ■ for :• w ork; often" hay^..1 expectations: ':<br />

th e c la s s ic , earth-mo<strong>the</strong>r:; :,exis- • ;'- beyond <strong>the</strong>ir abilities. • V •'<br />

•tence”P-Many ye^rs,. a divorce.and : “ Mature' students;:; a re/th e:' least<br />

an-.Open. Cniyersity;.degree.'.later,. likely to go to <strong>the</strong> careers.offices; but:;:;<br />

she has entered.<strong>the</strong>.job’ market and./ <strong>the</strong>y are <strong>the</strong> most. in.heed,,v Perkins '■<br />

found that <strong>the</strong>re is- little .room’ or savs. "They have positive skills and<br />

sy m p a th y ; for,’, .'"m iddie^'aged;,.' experiences; to offer employers,: % t -<br />

applicants. ; ,-./. /:. A..-../ ■■ ■ <strong>the</strong>y tend tb.think,<strong>the</strong> jobs will come ■ -<br />

“I am ‘infuriatedby constant Press to tliern. They. have to- be :;showh - :<br />

reports, that <strong>the</strong> number of graduate's - how' ’' th e y -. sh o u ld ' m a rk e t<br />

i s . falling ' apd '.-<strong>the</strong>refore (mature./: <strong>the</strong>mselves.” 1 ' 'fU, •’;-<br />

.students; will be^snapped;up,” ;,she;/.': . Baines, who iistudying fpr.a bhe-^;'<br />

says.: “That is not true.V -'-: . : v ;s year diploma in art -.histoiy at St'<br />

Her sense o f Betrayal, is co’mmoh. /" i'Aridrews,. !is: unusual because'!.her!;.,<br />

among m ature -graduates; .who 'are'v ” first stop in her job search was <strong>the</strong><br />

regularly .reminded -th at:’because;, university careers’ office. However,1;<br />

<strong>the</strong> ^number of school leavers''.will’‘-. ; she says she was told slie might look<br />

fall by a third in<strong>the</strong>.m id-19?0s, and': , for a “less elevated”.jobjri ai caling; -;<br />

<strong>the</strong> nation’s need fdr ■highly.;'skil|efl: -l' ’ profession than': th e ' position o f /<br />

■manp'9wer’/,,■.,c,Olnti^.ue$^'...^6.;7'gr6w,.'• ■! running a/nursing hom e.! She to o k ,.}<br />

exponentially, <strong>the</strong>ir job prospects ;:- this to. mean she was good .only, 'for ?<br />

are good. ‘/ '' •/;'-’'5 ./ / :d6meS;Uc'cleahmgi'wBrk!:v'"!;f'.^<br />

A trawl- through, -<strong>the</strong> .appoint-. . ; She is prepared to work at a low..<br />

ments rsections-of<strong>the</strong> -newspapers;. salary, and she is already, qualified .;.<br />

w ill£depress;;-':krtyp^<br />

; td ^teach;-;English.1 as? a foreign1 lari-1-~■. ^ .■>.•■-.y.mw-vvwvvvvwvw(wwvvvv T ;h ile. <strong>the</strong>- public'.sectbr has<br />

.. raised <strong>the</strong> m aximum age<br />

, T of entry' for a graduate to<br />

. 50 to meet a-, recruitm ent gap o f 3G.<br />

,per cent, a-, survey, by <strong>the</strong>. In stitu te'<br />

■ o f. M anpower Studies at Sussex<br />

: , University shows .that 55 per cent<br />

o f employers have failed to fill all<br />

<strong>the</strong>ir graduate vacancies, indicat-<br />

. ing th at.sim ilar moves m ight be:<br />

necessary if industry and com-'<br />

merce is to keep its intellectual<br />

edge. - ' : ’<br />

' It is equally clear that <strong>the</strong>re are .<br />

many older m ature graduates, who<br />

may have spent a quarter o f a<br />

.'century (bringing up children and<br />

running a hom e or small business,<br />

who can supply a ^ ra v /to lacking<br />

in younger graduates. The lesson is<br />

that ‘:;<strong>the</strong>y- should rely' on <strong>the</strong>ir<br />

ability to win <strong>the</strong> jobs race.<br />

choice.: Boston has; a 40 per cent<br />

drop-oiit rate, and only 24 per cent<br />

of whites among its 59,000 students.<br />

"The National Association'<br />

for <strong>the</strong> Advancement of Coloured<br />

People claims <strong>the</strong> school board is<br />

merely! -trying to reintroduce<br />

segregation urider ano<strong>the</strong>r name.<br />

The. association, is considering<br />

taking legal action against <strong>the</strong><br />

school, authorities which could well<br />

end in <strong>the</strong> Supreme Court, and lead<br />

to a decision affecting <strong>the</strong> future of<br />

parental' choice; across <strong>the</strong> whole<br />

country. That, too, is <strong>the</strong> American<br />

Way.<br />

W i l l i a m N o r r i s ,<br />

Edited by David T ytler<br />

P O S T B O X<br />

i -<br />

Monitors<br />

provide<br />

<strong>the</strong> answer<br />

to Boyson<br />

From, David A. Turner,<br />

Department o f Education,<br />

Sheffield City Polytechnic ■. /<br />

Sin/Rhodes, Boyson (L etters,;<br />

April- 6), when recounting ,<br />

stories o f emergency-trained<br />

teachers and <strong>the</strong> pupil-teacher -;<br />

system, asks! whe<strong>the</strong>r ■ people !<br />

have ceased to read history. ; !<br />

:. The answer is tfiat if he had<br />

probed fur<strong>the</strong>r. he w ould have<br />

discovered <strong>the</strong> m onitorial sys- ■<br />

tem o f <strong>the</strong> 1.820s-whereby, one-',<br />

teacher, could manage 1,000<br />

pupils with <strong>the</strong> help o f a few<br />

monitors. Y ■ v<br />

/ W hat could be more a p p ro -'<br />

priate in today’s' economic',<br />

climate than such a :c o st-.<br />

effective system? ■ •<br />

The truth is that <strong>the</strong> d e - .<br />

m an d s. upon \ teachers h av e/<br />

changed and one o f those<br />

dem ands,; that, every ptip.il<br />

have access to <strong>the</strong> possibility<br />

o f taking examinations, was .<br />

pioneered by Sir.Rhodes in his<br />

secondary modern school in<br />

<strong>the</strong> late ,1950s.<br />

■Nei<strong>the</strong>r monitors, rior p u p il'<br />

teachers, nor'even' emergency-;<br />

trained ex-servicemen, would ’<br />

be: able to cope with! th!e;'<br />

im portant requirem ents o f <strong>the</strong> .<br />

1988 Educati9n Reform A ct.'•<br />

It seems very unlikely that th e ■'<br />

eixp eri eri ced te ac h ers in<br />

schools will have time to' spare<br />

for training licensed teachers<br />

even for <strong>the</strong> £5,000 bonus<br />

payment he recommends.<br />

I .am - surprised that Sir<br />

Rhodes repeats <strong>the</strong> old gibe<br />

about “ real” headteachers and ‘<br />

remote - teacher-trainers when -<br />

his old chief, Lord Joseph, ‘<br />

made it a requirem ent that all ‘<br />

teacher-trainers obtain recent -<br />

and relevant classroom ex-.'<br />

perience,. a process that has -•<br />

been welcomed ! and is n o w 1<br />

virtually complete in all tra iri-;<br />

ing institutions. .-.• • ■ .<br />

One final point that has<br />

em erged. from all comments.,<br />

by student: teachers is <strong>the</strong> ■<br />

value <strong>the</strong>y place upon <strong>the</strong><br />

opportunities t6 practise in a :<br />

wide variety of schools. .<br />

Placing licensed,! teachers '■<br />

with- a m aster-teacher in a :<br />

single - scho.ol, however ; ex- :<br />

cellent, will not provide <strong>the</strong>m<br />

w ith'a good foundation for a .<br />

future career. /. - •<br />

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• R lltriit* S u c re tjirla l C ourse' •<br />

• K^ui tiilve SucruluriaUJipltittiJi<br />

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• iJiliufjuat^Srcrclnrial tra iiiii^ f, '•<br />

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• KuiijjC* of Maniiiieriicut Mibjccts;<br />

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- a comDulurTor c»dvst»c)ent<br />

• C areer P laccm entiC entre :• ,<br />

P rospectus: ' *, ' "<br />

3/5 Palace G atet K ensington,<br />

• . London W 85LS<br />

TEL: 01-584 9696 • \ ,<br />

ST.GODRICSCOI.LEGE.<br />

LONDON .'<br />

: SECRETARIAL; '<br />

!!:!'- ’ BUSINESS<br />

. "’AND' ' - ' '<br />

LANGUAGE<br />

'COURSES'<br />

' .1 >;»\ ,V Ki;Sulc(ii Sniik'nls. ■<br />

. J nr Iririhrr iulunuuliuu'jiIl'ii-.l- ,<br />

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2 Arkwright Road.-<br />

London NW3 6AD. -;<br />

Telejphone:' ■ 11<br />

a ^ _ J l - 4 3 5 9 8 3 t _<br />

: E U - R O P t A N " • C B N - T R E . • / F O R '- E D U G A T I O N<br />

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C O N T A C T -K A T E M A C L A in A N (S K /D K N T A D V IS O R ) TKL: 01 -3’9 9 2 53?<br />

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• T0n average Uni'vcfsii^ bf Edi'nburgh <strong>MB</strong>A!s earn over 50% niorc<br />

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<strong>MB</strong>A BSc :ElL®■-!//:/:<br />

0 M .B.A. Full-Time 1 year; Part Time 18 m onths:+ !<br />

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January,April k' ‘ • ,<br />

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32<br />

THE TIMES MONDAY APRIL 17 1989<br />

01-481 1066 01-481 1066<br />

DEPT OF VISUAL ARTS,<br />

MUSIC & PUBLISHING<br />

SENIOR LECTURERS<br />

Time-Based Media/Photography<br />

(full-time)<br />

An opportunity'to take charge bf this Important area, •<br />

Involving <strong>the</strong>.formative processes of narrative and expressive<br />

photography and, time-based media. Candidates should'be<br />

able to develop existing Initiatives In audiovisual .work, based<br />

upon.computer-assisted tape/slide programmes, video and<br />

performance.. *<br />

Graphic Design (full-time)<br />

An experienced, flexible .and wide-ranging visual communl-<br />

.cator.is required, to cover this challenging area. Candidates;<br />

must have <strong>the</strong> ability to teach general graphic design, design<br />

for print, and aspects of Illustration.; Experience ofcom puter<br />

graphics Is essential. ■ .<br />

Bookworks(0.5)<br />

Candidates should be able'to integrateifine art and design '<br />

approaches in <strong>the</strong> production : of • bookworks, both in '<br />

traditional and experimental, forms. Advanced knowledge of<br />

book structuring and binding i s . essential, a s well a s ’<br />

Involvement with contemporary book arts. •<br />

Applications are Invited for <strong>the</strong>se posts, from 1 September to-<br />

contribute to <strong>the</strong> Visual Studies .field of <strong>the</strong> BA (Hons) ‘<br />

Modular Degree Course. The Department Is seeking highly'<br />

motivated, and experienced Individuals; capable of developing ■■<br />

<strong>the</strong>se specialist areas within <strong>the</strong> muItUdisclpIinary context'ol<br />

visual Studies, The ability to work as part of atea'm and t o :,<br />

contribute to, course development are essential. Candidates<br />

should have relevant academic/professional experience.<br />

Salary: Senior Lecturer JI5.369 r 18,549 . . ' ' . "<br />

Closing date:’ Friday 5. May 19B9 ’ _<br />

Fur<strong>the</strong>r details and application forms are' available from <strong>the</strong> ■<br />

Personnel Office, Talaphohe'(0865) 819062/SB.<br />

:■ GIPSY LANE.HEADINGTON,OXFORD0 X 3 OBR<br />

••: AN EQUAL OPPORTUNITIES EMPLOYER<br />

EDUCATION DEPARTMENT<br />

APPOINTMENT OF<br />

SENIOR INSPECTOR<br />

SOULBURY 17-20 £23,976 - £25,557<br />

(PAY AWARD PENDING)<br />

This-key new post to'be filled-from-1st September<br />

1989, is central to <strong>the</strong> Isle of Wight’s response to <strong>the</strong><br />

Education Reform Act. The Senior Inspector will be a<br />

member . of <strong>the</strong> County. Education Officer’s<br />

Management Team. He/she will lead <strong>the</strong> Advisory<br />

Service; and, will hipld major, responsibilities In <strong>the</strong><br />

areas of _ in-service training and curriculum<br />

development. A major first task will be to review<br />

present patterns, of advisory work, and to develop<br />

new policies for-evaluation in <strong>the</strong>. light of National<br />

Curriculum. : -<br />

The successful applicant will have extensive schools<br />

experience, and is likely, to be appointed ei<strong>the</strong>r from<br />

an advisory post or from a senior post within a school.<br />

The Isle of Wight offers a. close-knit and committed<br />

education community which ' values individuals<br />

throughout <strong>the</strong> service. For. an informal discussion<br />

about , <strong>the</strong>. post, telephone .<strong>the</strong> Deputy County<br />

Education Officer;; Dr John Williams, on 0983 823405<br />

(work) or 0983 740718 (home). ■<br />

T h e Isle of W ight C o u n ty C ouncil Is a n e q u a l<br />

o p p o rtu n itie s e m p lo y e r a n d all a p p lic a tio n s will b e<br />

c o n s id e re d on. m erit. A p llc atlo n s will b e w e lc o m e d ■<br />

from w o m en , w h o a r e u n re p re s e n te d a m o n g th e<br />

s e n io r m a n a g e m e n t of; th e local .e d u c a tio n service.-<br />

F u rth er d e ta ils a n d a p p lic a tio n form a v a ila b le from<br />

th e C o u n ty P e rs o n n e l O fficer, C o u n ty Hall, N ew port,<br />

is |e o f W ight P 0 3 0 1UD, to w h o m a p p lic a tio n s a r e<br />

re tu rn a b le by 3rd M ay, 1989.<br />

C o u n ty C o u n c il<br />

DOWNING COLLEGE<br />

CA<strong>MB</strong>RIDGE<br />

TEACHING FELLOWSHIP<br />

’ IN FRENCH<br />

. Applications are invited from men and women<br />

for <strong>the</strong> above Fellowship tenable from October<br />

.1989 fora period of three years in <strong>the</strong> first<br />

instance with <strong>the</strong> possibility of renewal for riot<br />

more than five fur<strong>the</strong>ryears.'<br />

The successful applicant wlll be expected to be<br />

<strong>the</strong> College's Director of Studies:in Modern<br />

Languages, to teach French in <strong>the</strong> Modem and<br />

Medieval'Languages Tripos and to undertake '<br />

research.<br />

The stipend of a Teaching Fellow will be on <strong>the</strong><br />

scale applicable to a University Assistant<br />

Lecturer (at present £10,460 by seven<br />

increments to £14,500). The stipend will not<br />

exceed £12,760 in any of <strong>the</strong> first three yearsr '<br />

The additional payment for being Director of . -<br />

Studies is £770.<br />

Fur<strong>the</strong>r particulars and an application form are-<br />

obtainable from <strong>the</strong> Senior,-Tutor, Downing<br />

College, Cambridge C B I 2D Q . The completed<br />

form should be returned not later than 8 May<br />

1989. ■<br />

-. BRENTWOOD SCHOOL<br />

Brentwood, E ssex,. CM15 8AS.<br />

<strong>Independent</strong> 850 pupils, H .M .C.<br />

Required HEAD OF<br />

PHYSICAL EDUCATION<br />

-September, 1989<br />

Enthusiastic P.E..Specialist is required to take charge<br />

o f Physical Education' D epartm ent., Impressive Sports<br />

Hall and o<strong>the</strong>r facilities.include Sw im m ing Pool and<br />

. large acreage; o f playing fields. .<br />

M ajor Sports and Soccer, C ricket,'S w im m ing,<br />

' ’• Fencing and A thletics.. .<br />

F u rth er details available from <strong>the</strong> H eadm aster.<br />

H andw ritten applications, toge<strong>the</strong>r w ilh C.V. and<br />

nam es and ad d re sse s'o f two referees,<br />

as soon as possible. ,<br />

BEDALES SCHOOL<br />

Petersfield<br />

Hampshire GU32 2DG<br />

HMC Co-educational 13-18 Boarding<br />

B IO L O G IST<br />

Required for-Septem ber 1989 for one,<br />

possibly tw o/ terms in tf}e first instance. a<br />

teacher to teach Biology to Scholarship<br />

level.' ■ ' -<br />

Applications in writing, please (letters -.<br />

no forms), to <strong>the</strong> Headmaster giving full<br />

curriculum vitae and <strong>the</strong> names,<br />

addresses and telephone numbers , of<br />

three referees. •<br />

J<br />

J<br />

BRITISH RAIL<br />

SIGNAL & TELECOMMUNICATIONS ENGINEERING<br />

V/e are looking for 2 instructors to join a team of. highly, qualified<br />

professionals-based at our Railway Engineering School in Derby. As one<br />

°? .P.ur Ihstructors you will ,be responsible for ■deliviering high -quality<br />

; trpinjng tb our'Signal Engineering workforce. The subject, areas involve a .<br />

variety of state of <strong>the</strong> art" Electronic and electro-mechdnical sy,stems.<br />

The Engineering School has modern, fully equipped classrooms and<br />

practical laboratories. : . ‘ . '<br />

_ lldeally yau should.hold-a degree in Physics, Electrical or Electronic<br />

Engineering and have at least two years' experience in a teaching or,<br />

training role. Qualified Teacher, status or a recognised qualification in<br />

adult education , is .essential. Obviously we; wont . expect previous<br />

knowledge of our equipmerit. However we are looking for someone with<br />

<strong>the</strong> colibre to,adopt quickly and who has a clear enthusiasm forwarkiriq<br />

in this subject area. : .<br />

.. This Is an excellent opportunity, to ’gain a period o f : industridl1<br />

experience or would provide a sound storting point for .a new .career<br />

within; British Rail. .- /; ,•<br />

• J ^ ere ^s.a contr|butory pension,scheme and <strong>the</strong> transfer;of existing<br />

rights can, in most cases, be accepted. There are also attractive free and<br />

reduced rate travel-benefits including ,.travel, to and from ..Work/ '.-7<br />

o , ' ^ T - <br />

The successful applicant will be expected to teach<br />

• History in , <strong>the</strong>; History Tripos 'and to undertake<br />

research. '■: . j ■ - ■ .-; ■ ;.<br />

; The stipend ;of a Teaching Fellow will be on <strong>the</strong><br />

; scale applicable to a; University Assistant Lecturer<br />

: (at present £10,460 by seven increments to £14,500)<br />

The stipend will not exceed £12,760 in-ariy- of <strong>the</strong> :<br />

first, three years. ; i.. ■ .<br />

- Fur<strong>the</strong>r:particulars and an application' form are<br />

obtainable from <strong>the</strong> Senior Tutor, Downing CoUege,<br />

Cambridge CBI 2DQ. The completed form'should<br />

be returned not later than-8 May 1989.<br />

RYE ST ANTONY SCHOOL<br />

OXFORD<br />

INDEPENDENT BOARDING AND<br />

DAY SCHOOL FOR GIRLS<br />

H E A l)T E A C ttE R<br />

FOR SEPTE<strong>MB</strong>ER 1990<br />

.. The ^ Governors ! invite applications .from<br />

practising Catholics who have <strong>the</strong> appropriate<br />

experience and qualifications for appointment<br />

as Headteacher.' The post is residential. ,<br />

The School accepts pupils between <strong>the</strong> ages’of<br />

8 and 18. There are 355 ori roll, of whom 65<br />

are in <strong>the</strong>' Sixth Form.<br />

FURTHER PARTICULARS FROM:<br />

The Clerk to <strong>the</strong> Governors,<br />

Rye St Antony School, Pullen’s Lane,<br />

Headington Hill, Oxford OX3 OBY.<br />

Queen’s Gate School<br />

London -<br />

SW7 5LF<br />

<strong>Independent</strong> Girls’ School<br />

Required for September<br />

1989:<br />

PHYSICS<br />

. To teach Physics to GCSE<br />

with A level work, toge<strong>the</strong>r<br />

with some Ma<strong>the</strong>matics, and<br />

possibly Cbmputer'Stiidies<br />

.with <strong>the</strong> Lower School.<br />

Applications invited Baker<br />

Scale + London Allowance +<br />

Incentive Allowance, "<br />

according to qualification and<br />

experience.<br />

Apply In writing to <strong>the</strong><br />

Principal:<br />

Queen's Gats School,<br />

133 Queen's Gate,<br />

■ London SW7 SLF<br />

with telephone no. CV and<br />

; names addresses and-;<br />

telephone nos o f two<br />

. 1 referees.<br />

STQ<br />

LOUGHBOROUGH<br />

.UNIVERSITY OF<br />

TECHNOLOGY<br />

PERSONNEL<br />

OFFICER<br />

. Applications are invited from<br />

suitably qualified persons for <strong>the</strong><br />

above post.. Candidates- should, be<br />

■' experienced’ 'm.-.personnel .work;<br />

. preferably, in ' a higher -education<br />

institution. .The appointment ' is<br />

tenable.from .1 Qclober -19B9 and<br />

salary . will - be: within <strong>the</strong><br />

Administrative; Grade 5.- scale<br />

(£t9.605 .-£22.910, subject to<br />

review.. -.<br />

Fur<strong>the</strong>r particulars and application<br />

forms, are obtainable ■ from <strong>the</strong><br />

■Registrar (Academic and General).<br />

to 1 whom applications should be<br />

returned by-5th May t9B9. •<br />

Loughborough ' ' '. Lelceslershlro<br />

’ LE11 3TU -<br />

EFL IN SPAIN<br />

Teachers needed for<br />

intensive course in July<br />

and for academ ic year<br />

1989/90. Applicotioris are.<br />

invited from graduates for<br />

both positions an d from<br />

students for July. Also'<br />

teachers af sp o rts /P E /<br />

aerobics far July, Uk<br />

; interviews in' M ay.<br />

Applications with cv and<br />

recent photo to:.<br />

P.Fifz|aatrickr;World class,<br />

Biasdeotero 22-5c, 46014,<br />

Bilbao, Spain.<br />

PHONE: 010 34 4 447 50<br />

76.* :<br />

SCHEME<br />

MANAGERS ‘ ' '<br />

From.£15,500 p a<br />

E X A M IN A T IO N S BO A RD<br />

W e are preparing to meet <strong>the</strong> challenges<br />

o f <strong>the</strong> 1990s by relocating in 1 9 8 9 to<br />

new.purpose-built accommodation near<br />

<strong>the</strong> University of Warwick, Coventry; and<br />

by restructuring our organisation.<br />

Opportunities now exist for those with a<br />

background in education and training to<br />

apply fo r severdl posts of Scheme<br />

M anager.<br />

Each post-holder will take responsibility<br />

fo r a group of RSA schemes. Areas from<br />

which applicants would be particularly<br />

Welcome include Information Technology,<br />

Staff Development, Business and<br />

Secretarial Studies.<br />

Starting date: 1 September (or earlier).<br />

Closing date fo r applications: 1 May.<br />

RSA Examinations Board is an<br />

Equal Opportunities Employer.<br />

For fur<strong>the</strong>r details and'application form, please contact :<br />

Jan Godly.<br />

RSA Examinations Board, Murray Road, Orpington, Kent BR5 3'r B.<br />

Tel 0689 32421. .<br />

THE INSTITUTION OF CHEMICAL ENGINEERS<br />

PROFESSIONAL<br />

DEVELOPMENT OFFICER<br />

’ A pplications are invited for <strong>the</strong> position o f Professional<br />

D evelopm ent O fficer. based in <strong>the</strong> Institution’s<br />

W estminster O ffice.'<br />

T h e post will provide a challenging role for a graduate<br />

adm inistrator to form p art o f a small team , com m itted to<br />

ouV. Professional D evelopm ent activities w hich include<br />

educational liaison, accreditation of courses and<br />

promotion; of C hem ical E ngineering as an acad em ic,<br />

discipline; and as, a rew arding career.<br />

T h e successful' applicant will have w e ll: developed<br />

com m unication skills and a . strong interest in<br />

professional education.<br />

T h e post will recfuire.com m ittee w ork and liaison w ith<br />

, schools and academic institutions in th e tertiary sector. '<br />

• Salary.jyilj be negotiable, aro u n d .£11,500 per an n u m ,,<br />

with .additional em ploym ent benefits. - • ■<br />

Applications in w riting, and w ith full C urriculum vitae<br />

'to; _. ■ .■' ■<br />

: -Mr D B F irth , D ep u ty Secretary,<br />

T h e Institution o f C hem ical Engineers, .<br />

: 12 G ayfere Street, .W estminster SW 1P 3H P<br />

01 222 2681 ;<br />

C0D0MY BEUCKOUKAXI<br />

QUEENSWOOD, HERTFORDSHIRE<br />

(GSA Boarding School for 390 girls 11-18 years)<br />

R equired for<br />

SEPTE<strong>MB</strong>ER 1989 OR JANUARY 1990<br />

DEPUTY HEADTEACHER<br />

(PASTORAL)<br />

Applications are invited from experienced m ale or fem ale<br />

graduate teachers, who possess good organisational and<br />

com m unication skills, for this residential post. T h e<br />

selected.candidate will be expected to teach, to take a ,<br />

major role in all aspects o f School m anagem ent and<br />

‘com m unity life* and be a Com municant member o f a<br />

C hristian Church. T h e p o st could su it a person seeking<br />

advancem ent w ithin <strong>the</strong> profession, w ho has a real<br />

interest in boarding education.<br />

S A L A R Y : Baker Scale. Group 10<br />

A C C O M M O D A T IO N A V A IL A B L E<br />

Queenswood is a thriving com m unity w ith high<br />

. academ ic standards, and a wide-ranging curriculum. T he<br />

S ixth Form num bers 112, all o f w hom take “A ” Levels.<br />

Applications, w ith fall curriculum vitae and names,<br />

addresses, and telephone num bers o f three referees, to:<br />

M r s. A .M .B . B u t le r , M .A ., T h e H e a d m is tr e s s ,<br />

Q u e e n sw o o d , S h e p h e r d s W a y , B r o c k m a n s P a r k ,<br />

H a tfie ld , H e r ts , A L 9 0 N S - fr o m w h o m f u r t h e r •<br />

d e ta ils a r e a v a ila b le (tel: 0 7 0 7 5 2 2 6 2 )<br />

C L O S IN G D A T E : 22nd A P R IL<br />

IN T E R V IE W S : 27th A PR IL<br />

NORTHW OOD COLLEGE<br />

(530 G irls, aged 4 - 1 8 years)<br />

BURSAR<br />

Applications arc invited for <strong>the</strong> appointment o f Bursar<br />

o f Northwood College,<br />

BANCROFT’S<br />

SCHOOL<br />

5 on <strong>the</strong> Essex fringe<br />

of London, near<br />

“ Epping Forest<br />

INDEPENDENT COED.<br />

700 PUPILS HMC<br />

Required for September, a graduate to teach<br />

MATHEMATICS<br />

as a m em ber o f a large thriving and energetic<br />

departm ent with a fine record o f academic<br />

success. Applications wil be welcomed both ;<br />

from those, who seek a full-time position and<br />

those who would prefer a part-time post and<br />

also from new entrants to <strong>the</strong> profession as<br />

well as experienced teachers. Bancroft’s<br />

salaries are well above Baker and include fee<br />

reduction for children o f staff, BUPA, help<br />

with removal expenses and in some cases<br />

.mortgage or accommodation; The post will<br />

suit an able and enthusiastic teacher willing to<br />

be involved in <strong>the</strong> full range of school life.<br />

■Letter'of a p p lic atio n ^ <strong>the</strong> Heaid-Master, withi<br />

curriculum vitae and names, addresses and<br />

telephone numbers^of two referees. Fur<strong>the</strong>r<br />

; . particulars will be sent to all applicants.<br />

Bancroft’s School,<br />

W oodford Green, E ssex 1G 8 O R F<br />

(01-505 4821)<br />

ERASMUS UNIVERSITY ROTTERDAM<br />

The Facujty of Economics of Erasmus University in Rotterdam invites<br />

applications for <strong>the</strong> position of a full-time professor of operations research.<br />

Applicants should be familiar with <strong>the</strong> <strong>the</strong>ory and practice of operations<br />

research. They should be interested in <strong>the</strong> fotmulation and ma<strong>the</strong>matical<br />

analysis of O .R . models and <strong>the</strong> design and implementation of methods for<br />

<strong>the</strong>ir solution.;<br />

. Start of employment. A s soon as possible.<br />

• Rank and salary. The appointment will be at <strong>the</strong> rank of a full professor.<br />

Salary range frpm dfl. 7,063 to dfl. 12,115 per month.<br />

Fur<strong>the</strong>r details are available from <strong>the</strong> Chairman of <strong>the</strong> Nomination Committee,<br />

Professor T. Kloek; Econometric Institute, Erasmus University, P.O . Box<br />

; 173.8,3000 DR' Rotterdam, t h e Ne<strong>the</strong>rlands; telephone 31-10-4081267<br />

(office), 31-1807-16333 (home).<br />

Written applications with curriculum vitae and list of publications should be<br />

Sent within four weeks after date at which this advertisement appears, to <strong>the</strong><br />

Dean,of The Faculty of Economics of <strong>the</strong> Erasmus University, P.O. Box 1738<br />

3000 DR Rotterdam, Ne<strong>the</strong>rlands. • •<br />

Anyone wishing to draw attention to possible candidates is also kindly<br />

requested to contact <strong>the</strong> Dean.<br />

University of Strathclyde<br />

DEPARTMENT OF<br />

PHARMACY<br />

DIRECTOR OF POST-QUALIFICATION<br />

EDUCATION FOR PHARMACISTS<br />

IN SCOTLAND<br />

Applications are invited for <strong>the</strong> new post of<br />

Director of Post-Qualification Education for<br />

Pharmacists in Scotland; This challenging post<br />

(at.Senior Lecturer Level) is sponsored.by <strong>the</strong><br />

Scottish Home and Health Department and w as<br />

created; to foster <strong>the</strong> development and coordination<br />

of all ., forms of post-qualification<br />

education for . H ealth; Service Pharm acists<br />

throughout Scotland. Preference will be given to<br />

Pharmacists with a keen.interest in Continuing<br />

Education. Research experience will be an<br />

advantage.. Salary: on Senior Lecturer Scale -<br />

£20,270 - £22,910 per annum (under review).<br />

Application forms and fur<strong>the</strong>r, particulars (Ref.<br />

3 1 /8 9 ) a re a v ailab le from S ta f f O ffic e ,<br />

University of Strathclyde, Glasgow G1 1XQ.<br />

Closing date for applications:- 12 May 1989.<br />

r U niv ersity o f Lond on<br />

BRITISH POSTGRADUATE MEDICAL FEDERATION<br />

INSTITUTE OF CANCER RESEARCH<br />

In assoclallon wilh Ihe Royal Marsden Hospital<br />

CHAIR OF SURGERY<br />

The Senate invite appliclations for <strong>the</strong> Chair<br />

of Surgery tenable at <strong>the</strong> Institute of Cancer<br />

Research in association with <strong>the</strong> Royal<br />

Marsden Hospital. : .<br />

Applications (11 copies) should be submitted<br />

to <strong>the</strong> Teachers’ Section (T), University of<br />

London, Malet Street, London W C1E 7HU,<br />

from whom fur<strong>the</strong>r particulars should first be<br />

obtained.<br />

The closing date for receipt of applications Is<br />

26 May 1989.<br />

F o r details w rite,to <strong>the</strong> H ead M istress,<br />

N orthw ood College, N orthw ood,<br />

M iddlesex. H A 6 2YE.<br />

FELLOWSHIPS<br />

UNIVERSITY<br />

COLLEGE OF<br />

SWANSEA<br />

Junior Research<br />

Fellowship/Senior<br />

Studentship<br />

Applications are invited for a<br />

Junior Research Fellowship/,<br />

Senior Studentship. Candidates<br />

should hold an honours degree<br />

or its equivalent in History,<br />

Economics, Sociology and<br />

Anthropology, Political Theoiy.<br />

and Government, Social .<br />

Psychology, or a related subject<br />

Preference will be given to ■<br />

persons with an interest in <strong>the</strong><br />

Economic and Social Aspects of<br />

Swansea as a Metallurgical<br />

Centre in <strong>the</strong> 19th Century.<br />

The appointment will be tenable<br />

for one year in <strong>the</strong> first instance<br />

from 1 October 1989, with <strong>the</strong><br />

possibility of renewal for a ' .<br />

fur<strong>the</strong>r year and will be of<br />

equivalent value to a .,<br />

Postgraduate-Studentship-'' “:|1<br />

Fur<strong>the</strong>r particulars and ’<br />

application forms (2 copies) -<br />

may be obtained from <strong>the</strong><br />

Personnel Office, University<br />

College of Swansea, Singleton<br />

Park, Swansea, SA2 8PP,- to<br />

which office <strong>the</strong>y should be<br />

returned by Friday, 19 May,<br />

1989.; -.<br />

UNIVERSITY OF THE<br />

WEST INDIES<br />

Cave Hlli Campus, Barbados<br />

Applications are invited for<br />

<strong>the</strong> following post:<br />

ASSISTANT<br />

LECTURER/<br />

LECTURER IN<br />

HISTORY<br />

Department of History<br />

Faculty of Arts and<br />

General Studies<br />

The successful candidate will be<br />

required to teach courses in '<br />

European History and/or <strong>the</strong><br />

History ol Ideas. Preference will<br />

be given to candidates wilh<br />

research and teaching Interests In<br />

European History and <strong>the</strong> History<br />

of Ideas. The successful applicant<br />

will be expected to assume duties<br />

by 1 September 19B9 or as soon<br />

as possible <strong>the</strong>reafter. SALARY<br />

SCALES: Lecturer BDSS38.208 x<br />

1.644 - 48,072 (B) X 1,644 -<br />

57,936 pa; Assistant Lecturer<br />

BDSS31,548 X1,548 - 34.644 pa.<br />

Up to five full economy class<br />

passapes plus baggage allowance<br />

of USS1.200 on appointment and<br />

normal termination. Special<br />

allowance up to US$400 for<br />

shipment of academic books and<br />

teaching/ research equipment on<br />

appointment, Unfurnished<br />

accommodation at 10% of basic<br />

salary, or optional housing<br />

allowance of 20% of basic salary<br />

to staff making own housing,<br />

arrangements. UWI contribution of<br />

equivalent of 10% of basic salary<br />

to Superannuation Scheme.<br />

Annual Study and Travel Grant for<br />

self, spouse and up to three<br />

children. Book Grant up to<br />

BDS$720 per annum. Detailed<br />

applications (three copies) giving<br />

full particulars of qualifications<br />

and experience, date of birth,<br />

marital status and <strong>the</strong> names and<br />

addresses of three referees<br />

should be sent as soon as<br />

possible to <strong>the</strong> Campus Resitrar.<br />

University of <strong>the</strong> West Indies. P0<br />

Box 64. Bridgetown. Barbados.<br />

The University will send fur<strong>the</strong>r<br />

particulars for this post to all<br />

applicants. These particulars may<br />

also be obtained from<br />

Appointments (36275).<br />

Association of Commonwealth<br />

Universities, 36 Gordon Square. .<br />

. ' London WD1H 0PF. •<br />

Nottingham<br />

University<br />

CONVOCATION<br />

• A.G.M. AND<br />

REUNION /<br />

on Saturday 20th<br />

May 1989<br />

. Details from<br />

Convocation<br />

Secretary,<br />

University of<br />

Nottingham.<br />

NG7 2RD.


01-481 4481<br />

HECRU|TM.ENTlCONSULTANTS<br />

m i l l<br />

FILM & TV BUSINESS DEVELOPMENT<br />

£12,000<br />

A new position has been created in this m assive film<br />

organisation's B usiness Development departm ent. <<br />

R esponsible for 2 directors you • wiii. find your day<br />

stimulating and varied: You should be flexible, ,<br />

o rganisea and conscientious with a flair .for admin.<br />

C onversational French and <strong>the</strong> ability.to.liaise at ail<br />

levels, with rusty shorthand, good typing, audio and<br />

WP experience. This is th e 1 challenge you're'looking<br />

for. Phone Fiona Powell NOW!<br />

THE Z A R A K PARTNERSH P<br />

. RECRUITMENT CONSULTANTS<br />

STOCKBROKING OK YA!<br />

£11,000 + BANKING BENEFITS<br />

F a n ta stic o p p o rtu n ity fo r a bright 2 n d jo b b e r to<br />

w o rk fo r a ..team of w h e e le rs a n d d ea lers! E arn .•<br />

m e g a ; b u c k s in retu rn fo r' your', sw itch e d .on ^<br />

p erso n ality > a n d : . g o o d s e c r e ta r ia l skills.<br />

S to ck b ro k in g b ac k g ro u n d a n . a d v a n ta g e . W ith ‘<br />

g o o d s h o rth a n d typing an d W P skills p h o n e<br />

M o n ik a W u e sc h n e r.<br />

THE TIMES MONDAY APRIL 17 1989<br />

THE Z A R A K PARTNERSHIP<br />

RECRU TMENT CONSULTANTS<br />

SEC/PA IN CONFERENCE<br />

ORGANISING £11,000<br />

Exciting, bpporturiity' fo r. a !:b'right articu late 2 n d<br />

jo b b e r to w ork.w ith th is in tern atio n al Publishing<br />

c o m p an y . You.'Wiii b e o rg an isin g an d ATTEND­<br />

ING c o n fe re n c e s w orld-w ide. LANGUAGE skills<br />

a n a d v a n ta g e . W ith ex c ellen t typing a n d W P<br />

skills p h o n e M o n ik a W u e sc h n e r.<br />

10 1 - 4 8 6 6 9 5 1 1 1 0 1 - 4 8 6 6 9 5 1 1 - 4 8 6 6 9 5 1 1<br />

P.A./Secretaryf to Ghatfmai^<br />

Birmingham<br />

Following <strong>the</strong> recent acquisition by-<br />

SEVERN PLC. of Ratcliffs (Great<br />

Bridge) PLC., <strong>the</strong> Chairman and Chief<br />

Executive, Mr."Ml Hearn, O.B.E.<br />

urgently requires <strong>the</strong>, support of a<br />

mature and confident professional<br />

Personal Assistant/Secretary.<br />

The position calls for a poised self starter<br />

who has <strong>the</strong> ability to work on <strong>the</strong>ir own<br />

initiative and under pressure. The ability<br />

to deal wtith people at all levels and first<br />

class communication skills are essential.<br />

The role will also be varied and<br />

demanding, requiring excellent 1<br />

secretarial skills (Shorthand 100 - Word<br />

Processing, Audio) combined with good<br />

organisational and administrative<br />

capabilities. '<br />

Ratcliffs (Great Bridge) PLC. has been -<br />

established for 200 years and is one of<strong>the</strong>'<br />

world’s leading manufacturers of / ;<br />

copper and brass strip. Sales are . . . . ,\;<br />

: worldwide, arid'considerable-expansion .<br />

of <strong>the</strong> businesses envisaged. ,:<br />

If you feel that you can meet <strong>the</strong> '.<br />

challenge of this demanding’role and.<br />

have <strong>the</strong> .appropriate personal qualities, ,<br />

<strong>the</strong>n in <strong>the</strong> first instance, please send a<br />

copy of your G.V., including daytime '<br />

telephone’ number and present salary;<br />

marked for <strong>the</strong> personal attention of <strong>the</strong><br />

Chairman, to -<br />

s e v e r n p l c ., : : : .<br />

C/O. Ratcliffs (Great Bridge) PLC,,<br />

Great Bridge, Tipton,<br />

West Midlands, DY4 7BN<br />

For <strong>the</strong> right candidate <strong>the</strong> remuneration package will.be commensurate with <strong>the</strong><br />

demands of this exacting role. •<br />

C ITY O F W E ST M IN ST E R<br />

H O U S IN G D E P A R T M E N T<br />

TEST YOUR SECRETARIAL<br />

SKILLS AT SENIOR<br />

■ MANAGEMENT LEVEL '<br />

Salary £10,540 - £11,512 pa inc ■<br />

We require an experienced secretary, with an efficient<br />

and unflappable manner, to work in <strong>the</strong> Secretarial ■<br />

Office attached to our Management and Maintenance<br />

Division in Victoria Street, London SW1.<br />

Working as part of a small friendly team, providing<br />

all-round secretarial and administrative baclpp to <strong>the</strong> ■<br />

Divisional Management Team, you will be involved<br />

in <strong>the</strong> preparation of Housing Committee reports.<br />

Providing daily assistance to. two Assistant Divisional i<br />

Directors you will be personally responsible for<br />

scheduling meetings, keeping appointment diaries<br />

and general secretarial duties on <strong>the</strong>ir behalf. .<br />

Liaising at <strong>the</strong> very highest management levels, you<br />

must be an effective communicator and capable of<br />

keeping your head under pressure. Your secretarial .<br />

skills should include; excellent word processing, audio,H<br />

copy typing and shorthand.<br />

For fur<strong>the</strong>r information please contact Helen<br />

Maynard or Vic Baylis on 01-798 2577.<br />

Benefits include 23'days annual leave, plus one day .<br />

off every four weeks and an interest free season ticket .<br />

loan.. .<br />

To obtain an application form please telephone 01-<br />

834 5958 (24 hour ansafone service) or call at <strong>the</strong><br />

One-Stop Services floor at Westminster City Hall,<br />

Victoria Street SW1<br />

Please quote ref: HSG 8.<br />

Closing Date: 5th May, 1989.<br />

FINE ART<br />

£11,500<br />

If you a re in tereste d in fine a r t a n d s p e a k<br />

flu e n t F rench, <strong>the</strong>n, th e director o f t.hos<br />

prestigious org an isatio n w ould love to m e e t<br />

y ou. H e is in ch a rg e o f o n e o f th e m o st<br />

in p o rtan f d e p a rtm e n ts a n d n e e d s your<br />

su p p o rt, in a rran g in g m e etin g s, settin g up<br />

itineraries a n d -liaising w ith im p o rta n t<br />

international clients. 8 0 /5 0 skills need ed .<br />

Please telephone 0 1 -2 4 0 3511<br />

Elizabeth Hunt<br />

- Recruitment Consultants -<br />

2-3 Bedford Street Covent Garden<br />

London WC2<br />

NEWS INTERNATIONAL<br />

NEWSPAPERS LIMITED<br />

Salary: £11,000 p.a. rising to<br />

£11,724 p.a. after 3 months<br />

probation<br />

Out-going Secretary required to work for <strong>the</strong><br />

Office Services Department. You should<br />

possess good secretarial skills, word<br />

processing experience and an excellent<br />

telephone manner. This position involves a<br />

considerable amount of administration and<br />

a daily person to person contact will all<br />

departments.<br />

An outstanding benefits package is offered<br />

which includes six weeks annual holiday and<br />

BUPA.<br />

Applicants should apply in writing only<br />

enclosing a comprehensive CV toge<strong>the</strong>r with<br />

daytime telephone number to ^<br />

Mrs B Hemmings<br />

Deputy Office, Services Manager<br />

News International Newspaper Ltd<br />

PO Box 481<br />

Virginia Street<br />

London E l 9BD<br />

THE iHSfe TIMES<br />

BANKING BENEFITS CIRCA £9,000 -212,000<br />

' Current very prestigious secretarial vacancies within several<br />

of London's international merchant banks' otter <strong>the</strong> usual,<br />

unsurpassed high salaries, plus: mortgage subsidies and<br />

extra benefits. /F or a career' In banking using your<br />

professional secretarial 'skills, call Chartielgh-Tor an<br />

Immediate Interview., Ref: QT1<br />

TRAVEL PUBLISHING £10,000<br />

Are you looklng fdr a second job that is a little'bit out of <strong>the</strong><br />

ordinary? Use your, strong personality and organisational<br />

ability, to <strong>the</strong> m il. effect. as shorthand secretary to t/h e<br />

publisher 'o f this fast-moving travel m agazine.. Attend<br />

promotional events and liaise extensively wltn.travel agents.<br />

Excellent prospects.. 5 weeks hols. R«fc T948<br />

UPMARKET PA £10,500<br />

Work In Green Park using yoiircopy and audio typing skills<br />

as a WP operator for. this high p ow ered' management<br />

consultancy.'There'will be <strong>the</strong> oppoortunlty of 5 weeks<br />

holiday, as. well a s BUPA and STL benefits. An exciting<br />

environment In a rapidly expanding' company ensures'<br />

prospects are good and <strong>the</strong> atmosphere Is always e l e c t s<br />

A FUN CAUSE IN KNIGHTSBRIDGE £10,750<br />

Wjo says cahrity work is dull?! Nationally renowned and very<br />

exciting charity seek a PA for <strong>the</strong>ir young and charming<br />

technical director. Become Intlmatejy involved with <strong>the</strong> fund<br />

ralsliig’processVwhllst working!as part of a'cheory and very'<br />

fun team. WP/secretarlal skills essential. . Ref: T939<br />

INTERNATIONAL LIAISON £11,00+Perks<br />

An International manufacturing company based In Central<br />

London Is looklng' for a keen, lively secretary for .<strong>the</strong>ir<br />

dynamic Chief Accountant. International liaison will fill your<br />

day, so join <strong>the</strong> best, and enjoy 5 weeks holiday a year as<br />

part of <strong>the</strong>ir excellent package. . Ref: T934<br />

ALSO FOR WELL PAID TEMP ASSIGNMENTS CALL US NOW.<br />

14 GREAT CASTLE ST, OXFORD CIRCUS, W IN 1LA<br />

01-255 3140<br />

4 3 BROMPTON RD, KNIGHTSBRIDGE, SW2 IDE<br />

01-225 1777<br />

36-44 MOORGATE, EC2R 6EL.<br />

01-638 7003<br />

PA ON PERSONNEL ~ £15,000 NEG<br />

The Personnel Director of this major PR company requires a<br />

high calibre assistant to work alongside him in this busy<br />

department.:You will be dealing with employees at all levels,<br />

and have <strong>the</strong> ability to work on your own initiative and re a c t.<br />

quickly and decisively in <strong>the</strong>ir absence. Skills of 80/60 &<br />

WP knowledge are essential. ■<br />

PA IN POLITICAL PR £14,000<br />

The Managing Director of this international "PR company<br />

requires a high calibre PA/Secretary. This is a position<br />

where -your excellent secretarial/administration skills,'<br />

previous-director level'liaison experience-are. essential.<br />

• For more information on <strong>the</strong>se and many o<strong>the</strong>r secretarial<br />

vacancies please contact-<br />

M ichael H ughes on (0 1 ) 437 4 5 02<br />

A FB R ecruitm ent Lim ited ,.<br />

' 11 O xford C ircus A ven ue. ,<br />

ROYAL CHARITY<br />

$12,000<br />

This well-known charity is' looking fo r.<br />

a’Secretary/PA to work for <strong>the</strong>ipChief<br />

■ ^Executive; This would suit someone<br />

who has, a mature outlook to <strong>the</strong>ir<br />

work, who enjoys being involved and-<br />

working hard but who also has a good<br />

sense of humour.' Speeds 100/60 ‘ -t-<br />

WP. :<br />

C0BB0LD AND DAVIS<br />

RECRUITMENT LTD.<br />

35 Bruton Place W 1.01-4937789<br />

The Times Classified<br />

columns are read by 1.3<br />

million of <strong>the</strong> most affluent .<br />

people in <strong>the</strong> country. The s<br />

following categories appear :<br />

regularly each week and are<br />

generally accompanied by<br />

relevant editorial-articles.<br />

Use <strong>the</strong> coupon (right), and<br />

find out how easy, fast and<br />

economical it is to advertise<br />

in The Times Classified.<br />

THE WORLD FAMOUS<br />

PERSONAL COLUMN,<br />

INCLUDING RENTALS,<br />

APPEARS EVERY DAY.<br />

Maine -Tucker<br />

■ Rm-iiitnii'nr- Ginsuilnni'i<br />

PARADISE<br />

£10-15,000 +<br />

generous holidays<br />

There must be someone out <strong>the</strong>re who would<br />

like to work for <strong>the</strong>se two charming men,-<br />

based in W1,who deal in French Seventeenth<br />

Century Furniture -Venetian Mirrors, exquisite<br />

marble-topped' desks etc. It is really a third<br />

person for <strong>the</strong>ir friendly, lively team that is<br />

sought. They do all <strong>the</strong> technical side (<strong>the</strong><br />

buying :& selling of Works of Art, some so<br />

valuable <strong>the</strong>y can orily go to World Collections<br />

or Museums) you are responsible for<br />

everything else! -arranging for pieces to be.<br />

photograped, , . flower arrangements,<br />

secretarial : etc. Incredibly considerate<br />

employers, a veritable haven, a million miles<br />

away fro m <strong>the</strong>i'Corporate Giants that inhabit<br />

most of London's business world today. So if<br />

you have'70/50.and are under about 35'and<br />

want a small personal set-up your Paradise is-<br />

Found! .<br />

50 Pall Mall S tJam es's London SW1Y 5LB Telephone: 01-925 0548<br />

)<br />

THE ZA R A K PARTNERSHIP<br />

RECRUITMENT- CONSULTANTS '<br />

AUDIO PA SECRETARY W11<br />

PRESTIGIOUS PROPERTY COMPANY<br />

An exciting-new opening ■ within this prestigious .<br />

com pany. You wiii :fuily utilise your adm inistrative/<br />

organisational skills. Be a right hand to <strong>the</strong>.director,':<br />

have com plete client exposure. For this you will :'<br />

need to b e . an extrem ely effective com m unicator ■<br />

with excellent .presentation.'-This. unusualiPA roie will ■<br />

allow you to u se your initiative to th e full.. Age mid ’<br />

20s. Mayfair location. £13,000 neg. Call Viv Clarke.<br />

10 1 - 4 8 6 6 9 5 I I<br />

Maine -Tucker<br />

■ R(.'imilniL-iiI (.tiiiM ili.ini';-<br />

JEWEL IN THE<br />

CRQWN<br />

Receptionist to £12,000<br />

+ Package<br />

, This brilliant W est End Advertising<br />

Company is looking for a real Gem to<br />

grace its Dynasty-style Reception! Apart<br />

from stunning . presentation ■ and<br />

immaculate grooming : you Will be<br />

warm-hearted friendly person with time<br />

for everyone because...THEY A liL ARE!<br />

There is minimal switchboard, your<br />

responsibility is toJook after <strong>the</strong> people<br />

who. arrive in Reception...from Creative<br />

Directors to TV Producers. You have to<br />

maintain <strong>the</strong> very high standard of<br />

Reception this Company is renown for<br />

throughout <strong>the</strong> Creative World. If you are<br />

22-30 and have plenty of experience and<br />

a lot of character call us!<br />

50 Pall Mall StJam es’s London SW1Y 5LB Telephone:- 01-925 0548<br />

NORMA SKEMP PERSONNEL!<br />

NORMA SKEMP PERSONNEL<br />

Invite you to <strong>the</strong>ir.....<br />

AT HOME<br />

u . Wednesday 19th April 1989<br />

5.30pm - 8.00pm<br />

: If you have good secretarial skills come and join us at our Open<br />

Evening for.wine and canaples and discuss <strong>the</strong> many career<br />

' opportunities available to you. -<br />

(alongside Queen Elizabeth;II Conference Hall)<br />

■: " Nearest Tube St Jam e’s Park.<br />

■<br />

MONDAY<br />

Education:. U n i versity<br />

A ppointm ents, Prep & ;Public<br />

School: A p p o in tm en ts;1; ‘<br />

Educational Courses!,: \<br />

S cholarships a n d : V<br />

Fellow ships w ith editorial.<br />

L a C rem e d e la Crem e an d .<br />

o th er secretarial appointm ents.<br />

TUESDAY<br />

L egal A ppointm ents: .<br />

Solicitors. - ’ ..'<br />

C om m ercial Lawyers, Legal<br />

O fficers, P rivate an d Public<br />

Practice w ith editorial. v<br />

P ublic S ector A ppointm ents:<br />

w ith editorial; ' !<br />

£14,500<br />

AND STILL<br />

FAR TO GO<br />

Join. four, brilliant City<br />

brains - Investm ent<br />

m anagers new in<br />

Knightsbridge.-You will<br />

be in at <strong>the</strong> start with all<br />

<strong>the</strong> advantages. They're<br />

looking for 'a .mid 20’s<br />

personality "<br />

typing,, kn W P.w ho will<br />

• monitor all <strong>the</strong>ir many<br />

and varied activities:<br />

G ood fringe benefits too.<br />

JOYCE GtJINESS<br />

EOCTCTT cassara<br />

I 01 589 8807 I<br />

S Broay>sa A k id t CEiglubcdgt SW1<br />

£12,000<br />

AN OPPORTUNITY<br />

AT 2 0 +<br />

. A particularly friendly<br />

relaxed te am , of<br />

M anagem ent<br />

C onsultants need an<br />

enthusiastic helpm ate -<br />

w ho will contribute well<br />

organised adm in. Typing,<br />

so m e audio an d W p. .<br />

Lovely offices, •<br />

convenient to Kings X<br />

an d Liverpool St.<br />

AUDIO SECRETARY PUTNEY £12,000<br />

Tired o f commuting? Lots o f variety and responsibility as you ■<br />

provide.afull secretarial service to this sm all partnership and<br />

see to <strong>the</strong> day to day running o f <strong>the</strong> office.<br />

PERSON FRIDAY £10,000 + mortgage<br />

There will never be a dull m oment working fo r this busy<br />

department! Typing on a WP. and generally’ assisting where<br />

required. Good prospects + excellent benefits.<br />

CONFERENCE & BANQUETING<br />

SECRETARY £9,000<br />

- L ots o f people contact as you show clients around this Top '<br />

Hotel, m ake sure banqueting arrangements are o f <strong>the</strong> ,highest<br />

standard and general typing. • ' 1<br />

0 1 -7 3 4 9 5 8 2<br />

PICCADILLY CIRCUS"©1 ADAIR BM<br />

(RecCons) INTERNATIONAL<br />

SALES SECRETARY<br />

- WEST END<br />

Salary Circa £9,500 + Benefits<br />

This busy medical centre offers a wide range of checkups<br />

and o<strong>the</strong>r screening services. An enthusiastic sales<br />

secretary is required to join <strong>the</strong> sales team. The job<br />

involves telephone contact with customers, typing<br />

offers and contracts, maintaining'records, and general<br />

sales support.<br />

An attractive salary and benefits package is offered<br />

including subsidised mortgage, non-contributory<br />

pension, season ticket loan, LVs and bonus scheme.<br />

To apply, please send a full CV to:-<br />

Steve Donovan, Sales Manager, PPP Medical Centre,<br />

99 New Cavendish Street, London W 1M 7FQ<br />

Closing date 21 st April 1989<br />

IsThere Life After<br />

ATime-Sheet?<br />

Career developm ent doesn't have to stop just<br />

; because you are tem ping; Our aim: is to.give<br />

-.you assignm ents th a t will com plem ent your<br />

skills, and broaden your experience. Come<br />

and joina g re a tte a m ..<br />

' Call, Fiona, as soon as you can ,<br />

' ‘ o n 01-4911868. . . . ..<br />

RECRUITM ENT CONSULTANTS<br />

WEDNESDAY<br />

C reative & M ed ia A ppointm ents: M edia<br />

an d M arketing w ith editorial.<br />

L a C rem e de la C rem e a n d o <strong>the</strong>r<br />

secretarial app o in tm en ts.<br />

Executive C rem e fo r s en io r P.A.<br />

a n d secretarial position.<br />

P roperty: R esidential, T ow n & C ountry,<br />

O verseas, Rentals, C om m ercial Property<br />

w ith editorial.. :<br />

A ntiques & C ollectables (M onthly) w ith editorial.<br />

THURSDAY<br />

G en eral A ppointm ents: Banking an d<br />

A ccountancy,'Engineering, Management,^^etc.<br />

w ith editorial. '<br />

L e'C rem e de la C rem e an d o th er . •<br />

secretarial app o in tm en ts. . ' ' ' ' ,<br />

L egal L a Crem e for to p legal secretaries. .<br />

-New Technology:.Technology w ith editorial.<br />

YOUNG BUBBLY SEC<br />

SW1<br />

S u p e rb o p p o rtu n ity to join th is fun, you n g ,<br />

' In ternational co m p a n y a s a s e c w ith g o o d ty p in g ,<br />

(S/H adv) to w o rk alo n g sid e v ery friendly, te a m . If<br />

you feel y o u co u ld b e p a rt o f ’th is b u zz y a tm o s p h e re<br />

w h e re n o tw o d a y s a r e th e s a m e an d you w o u ld like<br />

a sa la ry u p to £ 1 2 ,0 0 0 p lu s ex c ellen t b en e fits an d<br />

long h o ls call M avis B y zan tin e o n 01 2 2 2 "5 0 9 1 .<br />

01 222 5091<br />

£13,000<br />

PICNIC ON<br />

THE PARK<br />

Literally one long picnic<br />

working with <strong>the</strong> delightful<br />

directors of this small •.<br />

property, co opposite Hyde •<br />

Park in friendly surroundings.<br />

You’ll have a sense of<br />

belonging and of making a<br />

- real contribution to <strong>the</strong><br />

Company's growing success,<br />

20+, a competent all-rounder,,<br />

flexible and a good/typist,<br />

<strong>the</strong>y'll encourage your career<br />

•. in every way.<br />

Super package too. .<br />

JOYCE GUINESS ■ B J0YCE GWNESS ■<br />

* - wr>—«wrrri!n i'iru B IH EECTlGSTCOSdZttTS<br />

I 01 589 8807 H i WMM 01 589 880.7 > ■<br />

a &ita?t3aArc»ie.IdghubndgeSffl i M M B 2i Brcsploafoods.fogfctrimdge'SWl M<br />

PALACE OF<br />

WESTMINSTER<br />

■A front-line Secretary,<br />

with good skills is .<br />

n eed ed to help organise<br />

and esco rt M Ps and<br />

Officials around <strong>the</strong><br />

/P alace of W estm inster.<br />

An ideal opportunity for<br />

a young Secretary to<br />

really g et involved and<br />

to m eet people from<br />

home; a n d ' o v erseas.<br />

DIRECTORS’<br />

SECRETARIES<br />

RKCRL'ITMENT CONSULTANTS<br />

01- 629 9323<br />

MAYFAIR DESIGN COMPANY<br />

PA/SECRETARY<br />

We are an exciting, friendly and exteremely busy<br />

design company in need of an enthusiastic,<br />

supportive and. efficient PA to work with <strong>the</strong> MD,<br />

clients and. staff of 10.<br />

Applicants should have excellent typing, a good<br />

telephone manner, be educated to ‘A’ lever standard<br />

and be aged 25-35. Shorthand is an advantage and a<br />

sense of humour essential. Salary c£13,000.<br />

If you would like to be part of our lively team,<br />

please apply to Peter Burnet,' The Design Practice,<br />

5- Mill Street, London W1R 9TF<br />

ARHITECTURAL/<br />

DESIGN COMPANY<br />

MAYFAIR<br />

W e require a lively, enthusiastic responsible versatile<br />

. hardw orking experienced secretary w ith a sense o f<br />

h u m o u r. Excellent secretarial skills including shorthand<br />

for m in u te taking. T o w ork prim arily as P A to M D in a<br />

dem anding and m any faceted'job. Also to provide<br />

additional secretarial support to team w here necessary. In<br />

retu rn w e offer an excellent salary and a very pleasant<br />

friendly environm ent.<br />

Please telephone Penny Genci 01 629 0371.<br />

(no agencies)<br />

SECOND JOBBERS<br />

PUBLIC RELATIONS: Involving fun accounts £10,000<br />

SPORTS PROMOTIONS: Meet VIPs, interest<br />

in Tennis •<br />

PARTY PLANNERS: Out. and about social job<br />

PUBLISHING: Career .opp.‘. Lots, of variety.<br />

£10,000<br />

£10,500 .<br />

£11,000 ,<br />

ALL THE ABOVE POSITIONS WOULD BE<br />

SUITABLE FOR SECRETARIES WITH. A MINIMUM<br />

OF SIX MONTHS WORKING EXPERIENCE<br />

LOOKING FOR THE NEXT STEP UP..<br />

01-7305148<br />

ART GALLERY<br />

ST JAMES’S<br />

. requires part-time ,.<br />

Secrotory/PA with good<br />

shorthand and typing; 3<br />

days per w ask -occasional<br />

4th day. '<br />

Houn 10am to 5.30pm<br />

PlBaie send CV to Cox S<br />

Company, 37 Dukes St,<br />

. StJames’sSW1.<br />

FRIDAY<br />

M otors: A com plete car<br />

bu y er’s guide w ith editorial.<br />

B usiness to Business:<br />

B usiness opportunities.<br />

SATURDAY<br />

O verseas an d U K-H olidays:,<br />

V illas/Cottages, H otels,<br />

Flights, etc.. ' ' . '<br />

R estau ran t Guide: W here to<br />

eat in L ondon an d nationw ide<br />

w ith editorial fortnightly.<br />

S hoparound: W indow ’ ><br />

shopping from <strong>the</strong> c o m fo rt'<br />

o f y o u r o w n hom e. .<br />

O utdoor Leisure.<br />

( R e c . C o n . )<br />

SECRETARY<br />

For busy, friendly<br />

Estate Agents in<br />

Lavender Hill, .<br />

Battersea. Salary '<br />

' ■ a.a.e. Please<br />

'. .' telephone:' '<br />

Caroline on -<br />

01-228 0 0 2 3 / .<br />

3<br />

01-481 4481<br />

THE Z A R A K PARTNERSHIP<br />

'..RECRUITMENT CONSULTANTS ,<br />

ADVERTISING SUPERSTAR<br />

£11,500<br />

.Based in <strong>the</strong> heart of Mayfair, here is an opportunity<br />

for a bright, unflappable, dedicated 2nd jo b b er aged<br />

20/25 with, som e experience in advertising. You wiii<br />

be working for a b u sy ’ team of Account Handlers,<br />

involved' in ''client- presentations, travel lunches,<br />

admin etc, with good WP + typing skills pho n e<br />

B arbara Barnett.<br />

1 0 1 - 4 8 6 6 9 5 1 1<br />

IMMEDIATE<br />

INTERVIEWS<br />

CALL 6361493<br />

PARTNERS PA E14K W1<br />

PROPERTY - 2 0 +<br />

“ ONE-TO-ONE”<br />

For a charming gentleman in a very pleasant<br />

environment. Keep <strong>the</strong> dept, smooth running<br />

organise meetings, diaries, events + functions.<br />

CALL TAMSIN (REF 302)<br />

DIRECTORS PA £13K W1<br />

“YOUNG INFORMAL SOCIAL COMPANY”<br />

For a move up for a second jobber, write your<br />

own correspondence & make decisions. 50wpm<br />

Wang experience preferred (will x-train)<br />

CALL LYNDA (REF 253)<br />

ADVERTISING E11K WC2<br />

SECRETARY-1 9 +<br />

“BE PART OF A TEAM”<br />

Get Involved and organise this busy account<br />

team; If you're 50 wpm, good on tne telephone<br />

& love a challenge<br />

CALL LYNDA (REF 282)<br />

LEGAL SECRETARY £14K SW1<br />

“WORK FOR AN INTERNATIONAL<br />

CONSULTANT1<br />

y o u ;<br />

. CALL NATHALIE (REF 314)<br />

PA £12K W1<br />

“ IN CHIEF EXECUTIVE SUITE"<br />

This would suit a returner with civil service<br />

experience. To be x-trained on WP. Avaried<br />

job with admin & personal work. If you are an<br />

accurate typist at 50wpm +<br />

CALL NATHALIE (REF 105)<br />

Penonhel Recruitment Consultants<br />

PERSONNEL<br />

RUN THE<br />

SHOW<br />

£12,000 +<br />

PROFIT SHARE<br />

Do you enjoy, organizing, super-<br />

' vising, administration? Then you<br />

will be interested in this busy<br />

position. As personal secretary<br />

to <strong>the</strong> General Manager you will<br />

organize diaries, appt's and all<br />

• matters on his behalf whilst ensuring<br />

thB smooth running of <strong>the</strong><br />

office. You will deal with all areas<br />

of administration so your ability<br />

to prioritize and meet deadlines<br />

will bB appreciated.<br />

'. Call Karina Baird an<br />

• 01-221 9072.<br />

PERSONNEL<br />

YOUR DREAM<br />

COME TRUE!<br />

£14,000<br />

Assist <strong>the</strong> MD of this upmarket<br />

co. and enjoy.taking on lots of<br />

responsibility. Take <strong>the</strong> weight<br />

off his shoulders by acting on his<br />

behalf, attending lunches and<br />

meetings and deaiirig with, all .<br />

confidential, matters. A super<br />

position for somebody who<br />

wants involvement and an<br />

appreciative boss!<br />

Call K arina Baird an<br />

01-221 307 2 .<br />

▼ K i n g & T o b e n ▼<br />

FRONT-PAGE PROPERTY<br />

SUPER BOSS - SUPER SALARY<br />

A dynamic director of this highly successful company involved,<br />

in newsworthy projects, looks after new Business.<br />

Development and consequently travels to <strong>the</strong> USA and<br />

Europe frequently. He needs a confident-intelligent person<br />

who can provide him with full PA support; for example own<br />

correspondence and personal work, and who can use initiative<br />

to hold <strong>the</strong> fort'during his absences. Top level per-<br />

' ■ sonal' presentation and speaking voice essential. Excellent<br />

skills .including, shorthand. Salary £15,000 plus merit<br />

bonus: and benefits..,<br />

▼K ing &Toben^ 01-629 9 6 4 8<br />

, RECRLIITMENTCONSULTANTS/ 4BAIbaTMtto S ired.tm dpnW ]X 3FE|<br />

▼ K i n g & T o b k n ▼<br />

PA/Marketing<br />

Co-Ordinator<br />

£16,000<br />

Supert> opportunity for som eone with a senior level<br />

PA background to join this rapidly expanding<br />

■ interior design com pany and becom e truly involved<br />

in <strong>the</strong>ir m arketing activities. Y our varied<br />

responsibilities will range from liaising with <strong>the</strong><br />

press, monitoring publicity m aterial, organising<br />

sem inars an d social events to giving PA support to<br />

<strong>the</strong> MD. 100/60 skills needed. 1<br />

P lease telep hone 0 1 -4 0 8 0 2 4 7<br />

Elizabeth Hunt<br />

- Recruitment Consultants -<br />

19-20 Grosverior Street London Wl<br />

CEntrance 20 Brooks Mews)<br />

ASSISTANT<br />

PRIZE CO-ORDINATOR<br />

iTo complete team for popular TV. Quiz<br />

Show. Ability to work well under pressure -<br />

good phone manner and keyboard skills.<br />

; Marketing/Sales experience an advantage.<br />

Apply: with CV to : Patti Walker-Booth,<br />

Reg Grundy Productions,. Enterprise House,<br />

59/65 Upper Ground, London. SE1 9PQ.<br />

Fiil in <strong>the</strong> coupon and attach it to your advertisem ent, w ritten bn a separate piece o f<br />

paper,allowing 28 letters and spaces per line. Rates are; Lineage £5 per line (M in. 3 lines<br />

only first word in bold); Boxes D isplay £25 per single column certim etre (M in. 3<br />

centim etres);'Court and Social £8 per line. All rates are subject to 15% VAT. Telephone<br />

our Classified Advertising Department on 01-481 4000 between 9am-6pm M onday to<br />

Friday, 9.30am-1.00pm Saturday, late evening 9.00pm on Wednesday, or send to:<br />

Pam ela Hamilton-Dick, Group Classified M anager, Tim es Newspapers Ltd, P.O . Box .<br />

484| Virginia S treet, London E l 9DD..<br />

Name _<br />

Address<br />

Telephone (Daytime),<br />

Date of insertion (Please allow three w orking days prior to insertion date.)<br />

USF. YOUR CREDIT.CARD '<br />

I 1 LI


34 THE TIMES MONDAY APRIL 17 1989<br />

UNIVERSITY APPOINTMENTS 1<br />

University<br />

BUSINESS SCHOOL<br />

Centrefor Insurant*<br />

and Investment Studies<br />

As part of <strong>the</strong> expansion bf insurance studies'.within<br />

<strong>the</strong> Centre, applications are invited for two new posts:; ^<br />

Lecturer/Senior Lecturer<br />

To teach' arid help direct a new BSc degree course ■;<br />

in Insurance and Investment which will begin in 1990 ,<br />

and to contribute to,expanding research activities within<br />

<strong>the</strong> Centre, Candidates should possess.good academic',<br />

qualifications arid fellowship of <strong>the</strong> C.1.1, would be .<br />

an advantage. .: .• ; . :<br />

The post is for five years in <strong>the</strong> first instance, with an<br />

envisaged starting date of 1st October 1989, Salary will<br />

be on <strong>the</strong> Lecturer A scale £10,910 to £16,150 pa, <strong>the</strong><br />

Lecturer B scale £16,755 to £20,960 pa, or <strong>the</strong>Seriior<br />

Lecturerscale£21I720to£24,360pa inclusive of London<br />

Allowance. ^<br />

Research Fellow-<br />

European Project -<br />

. To join a team studying aspects of insurance markets<br />

and practice within Europe, including work to build u p : •<br />

a database..While a background in insurance is desirable, ■<br />

candidates may have academic or professional interests<br />

in accountancy, economics; law or IT. The post could be<br />

attractive as a one year secondment from anirisurance<br />

company or broker. ‘<br />

The Fellowship will be for 1 year in <strong>the</strong> first instance, •'<br />

with a flexible starting date, up to 1st October 1989.<br />

Salary will be on <strong>the</strong> scale £16,150 to £20,960 pa inclusive .<br />

of London Allowance.' : . .<br />

Fur<strong>the</strong>r particulars and an application form for both •<br />

posts are available from <strong>the</strong> Deputy Academic Reg:strar,<br />

City University, Northampton Square, London EC1V0HB.<br />

Telephone 01-253 4399, ext 3037 : ■<br />

Applicants are welcome to discuss <strong>the</strong> posts informally,<br />

with Dr. Gerry Dickinson at <strong>the</strong> Centre, on ext 4120;.;<br />

Closing date: 8th May 1989. Please quote . .. ,,1<br />

reference: T/2. : . : ; ■ '<br />

C L V E 't EAHSE CLIVE-'PEARSE CLIVE-’PEARSE<br />

PERSONNEL<br />

ASSNT.<br />

70% ADMIN/22.+<br />

: . c£13,500 pa<br />

v Exceptional position for" -<br />

experienced secretary now ready<br />

. for a more dominant<br />

1 departmental role'; Extreme<br />

discretion, confident manner,<br />

, ' supreme diplomacy.<br />

Outstanding • perks. ' ■<br />

Call.01-409 7772 (Rec Cons)-:<br />

4 PRINCES STREET,<br />

■LONDON W1R 7RA<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

o<br />

CHELSEA/<br />

FULHAM<br />

ALERT S E C S /20+<br />

'c £ lb ,5 0 0 pa v<br />

Prom'otions'Co.' and Estate<br />

Agents, luxury offices, seek-,<br />

valuable contributions from .<br />

young secs, proud of <strong>the</strong>ir own<br />

efficiency, Top typing skills, WP<br />

exp.BUT.NO SHORTHANDI Free<br />

social life included.1<br />

Call 01-409 7772 (Rec. Cons)<br />

4 PRINCES STREET,<br />

LONDON W1R 7RA<br />

Will you get paid for <strong>the</strong> Bank<br />

Holiday?<br />

If you temp for,- Manpower, almost certainly yes.<br />

M;ike sure of your next Bank holiday pay...<br />

Temporary and Permanent,<br />

Manpower makes <strong>the</strong> difference.<br />

TV EMPIRE<br />

SUPERIOR SECS 224-<br />

■' c£12,500 pa:<br />

;.■■■ .;■,.Career, positions ;for,::. ,<br />

''prdfessional' secs', known for<br />

< <strong>the</strong>ir organisational flair.<br />

Shorthand, word .processing.and<br />

communications '.skills'you ■.<br />

; already have,1 So why;<br />

v ’suppress" <strong>the</strong>.rest?<br />

Call 01-409 7772 gof/Qwyi>edd.LL^2M.Te|:(0248)3Sl151. - .<br />

CREME DE LA CREME<br />

National Heart and Chest Hospitals<br />

i Brompton Hospital<br />

secretary/ pa<br />

to C on su ltant Thoracic Surgeon.<br />

Salary c. £ 1 2 ,0 0 0<br />

.W e require an experienced Medical Secretary to<br />

support our busy Thoracic Surgeon: You will;be<br />

involved with 'both NHS work ‘ and,''Private .<br />

Practice work. . , ' ■ ■ ■ ■ , ■ ■ ■ ■ ' .assisting in.Conference".''':<br />

; organisation. Good telephone manner, flexibility and an ability to work on<br />

own initiative. Should be a non-smoker. ! : - ;<br />

\ . Applicator must be of smart appearance. ,! . ’<br />

Saiaiy negotiable’ according to experience^ , . , . . ■ !<br />

Plcaic contact: M ils M. Hallendorff, College of Ophthalipologists,<br />

Bramber Court, 2 Bramber Road, Lpndpn'W14 9PQ. Tel: 0 1 -3 8 5 6281<br />

(No agys)<br />

MARKETING SEC<br />

: c £15,000<br />

M arketing D irector o f fast m oving Futures', M arket<br />

Managers in Victoria needs your com puter literacy &<br />

good skills 80/60 in order th at you can develop this.<br />

■ job. Lols 'of-scope and A dm in too. Age 21+.'.<br />

.; Call Shan on 287-2044.<br />

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HKCHl'ITMKVT I.I.MITK1) *i<br />

PA/ADMIN E14,OOO<br />

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FLEXITIME ‘<br />

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240 1382.<br />

PA TO MANAGING<br />

DIRECTOR<br />

Secretary/PA for M D of Professional Recruitment •<br />

Consultancy based in Central London and convenient for<br />

■ ;Coyeht Garden, shops, W estEnd and City. T his would-suit<br />

. an ambitious young person willing to get involved with'<strong>the</strong><br />

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. Please call Paula or Margaret on 01*242 0785<br />

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. 1 /(answ erphone after-bus. hrs.)*<br />

SECRETARY<br />

£12,500+<br />

Required by Property Co, in -i<br />

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with good typing & liaising .<br />

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• For details call J<br />

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‘(No A g en cies). •<br />

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T e l: 01 225 0978<br />

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MEDICAL<br />

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: Physician requires medical / 1<br />

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Saiary negotiable depending on’<br />

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01 9 29 4133<br />

EXPERIENCED<br />

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. experience essential,'<br />

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(Ref. CN)<br />

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. . -• OO Rec'Cons 1


THE TIMES MONDAY APRIL 17 1989 35.<br />

RUGBY UNION: BATH CENTRE STATES HIS INTERNATIONAL CASE IN QUADRUPLICATE WHILE A LATE APPLICANT EMERGES AT FULL BACK<br />

Going <strong>the</strong><br />

whole<br />

s m u o u s r u n n i n g<br />

Corless in<br />

By David H ands;<br />

Rugby Correspondent<br />

By Gerald Davies<br />

Bath......:<br />

'Llanelli.. ............. 25<br />

' Both <strong>the</strong> Pilkington Cup final­<br />

ists, Bath and Leicester, ran up<br />

■ substantial. scores against '<br />

weakened opposition on Sat-<br />

• urday : and . concluded . with-<br />

slight " queries> about <strong>the</strong>ir<br />

teams for. <strong>the</strong> final. Leicester,<br />

who were at Gosforth, heard<br />

that Rory Underwood, i <strong>the</strong>ir<br />

England wing, left <strong>the</strong> field in<br />

a dazed condition' during <strong>the</strong> •<br />

North’s game against <strong>the</strong><br />

American Eagles while Bath<br />

finished against Llanelli at <strong>the</strong><br />

Recreation. Ground without:;<br />

Robinson and Hall,. <strong>the</strong>ir<br />

'■ back-row men.<br />

; ; O f that trio, Hall’s injury<br />

probably causes most concern. •<br />

Underwood seemed to have<br />

recovered, by Saturday eve­<br />

ning while Robinson, though<br />

. ; miffed by. what he considered .<br />

to be a below-par perfor-<br />

: mance, has a painful bruise at<br />

■ <strong>the</strong> joint of neck and shoulder.<br />

Hall lias/ been troubled for ;■<br />

more than a-month by his left<br />

ankle,7 which'is notgiving him<br />

<strong>the</strong> support he requires and,<br />

though could have finished<br />

<strong>the</strong> . game against '<strong>the</strong><br />

Schweppes Welsh Cup final­<br />

ists, he decided it was better to-<br />

come off and concentrate over<br />

<strong>the</strong> - next [fortnight on treat-.<br />

ment for <strong>the</strong> condition.<br />

.; By <strong>the</strong> time he did'so, Bath<br />

had <strong>the</strong> game well under<br />

control against.a Llanelli team<br />

only • five of whom. seem'<br />

certain' to play in <strong>the</strong> Welsh •<br />

final. .Indeed, Bath tried to<br />

contrive an: apt postscript to<br />

Palmer’s playing career at <strong>the</strong><br />

Recreation; Ground by: giving<br />

him what <strong>the</strong>y riiight have<br />

thought .was <strong>the</strong> final conver-;<br />

sion,only for Llanelli torun in<br />

two injuryrtime tries,which v<br />

made <strong>the</strong> margin three goals,<br />

four tries and. three penalty.,<br />

goals to three goals, a try and a-*<br />

penalty;- :.<br />

Weakened <strong>the</strong>y may have<br />

been, but that did not stop a<br />

host o f Welsh visitors pushing<br />

<strong>the</strong> crowd to around 5,000,<br />

nor <strong>the</strong> Llanelli midfield from<br />

providing some creative mo­<br />

ments, which might have been<br />

W eekend results, page 39<br />

more had. not Mike Griffiths,<br />

<strong>the</strong> acting captain; become<br />

buried :so frequently among<br />

his forwards. . As it was, <strong>the</strong> ’<br />

central <strong>the</strong>me was that played<br />

by Guscott, who scored four<br />

Bath tries and took his per­<br />

sonal tally to 25 for <strong>the</strong> season.<br />

All four came after <strong>the</strong><br />

interval, when: Bath led only :<br />

16-9, and <strong>the</strong> first two were<br />

prime examples of<strong>the</strong> sinuous<br />

and .deceptive running which .<br />

has: brought Guscott to <strong>the</strong><br />

verge!; of a full cap-this season.<br />

He will fake a considerable<br />

interest in <strong>the</strong> two England<br />

parties to be named today for<br />

games in Romania and Spain<br />

. ■ Guscott, of course, has sue-.<br />

ceeded Palmer as Halliday’s<br />

partner at centre, but he<br />

: appears to have: inherited <strong>the</strong><br />

same taste. for adventure<br />

which Palmer' still shows,<br />

. though; now, in <strong>the</strong> ' final<br />

month of his'career, from full<br />

• back.<br />

: Cronin, too, enjoyed him­<br />

self, at <strong>the</strong> lineout and'in <strong>the</strong><br />

loose, and appears to be ahead<br />

of Redman in <strong>the</strong> race for a<br />

second-row i place at Twick­<br />

enham. J His bustling' ' run;<br />

contributed towards ; Hall’s -<br />

first-half try and: <strong>the</strong>re ■ was<br />

little wrong with Bath’s'scrum,.<br />

■which frequently left Llanelli<br />

embarrassed and gave Hill <strong>the</strong><br />

freedom to insert two delight­<br />

ful breaks, both of which led<br />

directly to scores. •<br />

. SCORERS: Bath: Tries: Guscott (4),<br />

Simpson, Hall, ; Swift. .Conversions:<br />

'■ Bame's (2), Palmer. Penalty goalB: Barnes<br />

(3). Llanelli: Tries: S . M Davies (2),<br />

Williams, Lewis. Conversions: Bird (3).<br />

Penalty goal: Bird. - . , ' .v.1.<br />

•BATH:-J Palmer; A Swift,.S-Halliday, J ‘<br />

Guscott, F Sagoe;. S: Barnes,',-FT Hill; Q'J<br />

Chilcott, G Dawe. R Lee, J Hall (rep: K-<br />

Hoskin), J Morrison, D.Cronin, A Robin-,<br />

son (rep: M Crane), P Simpson. '<br />

LLANELLI: J Bird; S Bowling. S M Davies,<br />

D Setarol C ', Davies; iS .J Davies,' M':<br />

Griffiths;. R: Evans. E James,' M Evans, E>.<br />

Lewis, A Bateman,'A Copsey, I Jones, J ’.<br />

Willrams((rap: J Griffiths),<br />

: Referee: G Davies (Liverpool).<br />

• Leicester beat Gosforth 47-<br />

14 at Newcastle, Hare notch­<br />

ing ano<strong>the</strong>r. 19 points from<br />

five conversions and three<br />

penalties. T he, seven tries<br />

, came from,Bates (two), Evans .<br />

; (two), Thackerj Dodge and <strong>the</strong><br />

returning 'Richards' against<br />

tries by Clegg (two) and<br />

.Ogilvy," one converted by<br />

Briggs. ;<br />

Newport..<br />

Bristol.....<br />

........ 28<br />

S a ia ceR s ^ ith<br />

; By Michael Stevenson<br />

Liverpool St Helens..... 16<br />

Saracens*. ......... 31' -<br />

Liverpool St Helens,' descending.<br />

from. <strong>the</strong> first division, met<br />

Saracens on <strong>the</strong> way up from <strong>the</strong><br />

second at Moss Lane, where<br />

impressive. ; For <strong>the</strong> losers, ' conversion by Kennedy carried<br />

Askew had a superb game at full Saracens to a 15-point lead, but'<br />

backhand:Hamer showed pace a. concerted movement, with<br />

and talent in <strong>the</strong> centre, but <strong>the</strong> backs, and packs linking thrill-<br />

pack was eventually outgunned, ingly^ fashioned Ryan’s try'be-<br />

though. Hale at lock had a fine fore Hanavan’s cheeky iriter-<br />

inatch. ception improved <strong>the</strong> look of<br />

Incisive running by Kennedy ; <strong>the</strong> scoreline iri injury time,<br />

arid Robinson set: up Saracens’ • SCpBBIBi l^ e r p o o t S t Helens: Tries:<br />

Saracens, too powerful in <strong>the</strong> • first try, But :LSH struck back Conversion: Askew!*vS?aracens:' Tries:<br />

back row a n d generally to o well m sia n u y w n en t i a i e D u s u e a Kennedy (2), McLagan, McFarland,1‘Ryan.<br />

/ organized ;-w o n a n en te rta in in g o v e r b o r n a lin eo u t.fiv e m e tre s C onve^oris: K ennedy^ft^enalty goal:<br />

C ourage C lu b s - C h a m p io n sh ip ;. o u t T w 9 P enalties by, A skew to LiVEn p o o L s t Helens- A Askew-' b<br />

m atch by fo u r goals, a try a n d a . ? sc ored a n d 'c o n v e rte d b y nanavan, J Shlhwell, P Hamer, ' M<br />

penalty. tO 'a coal, a trv a n d tw o th e im p re ssiv e K en n ed y m a d e it -Sephton;.B;WeIleris (rep: M Johnson),- G<br />

1. : — - ' ■ 10-1,0; a t th e-m tery al* .b u t S ara- Jones; M Stephenson; K: Rabbitt, ;P<br />

cens h a d fa c e d th e w in d a n d w as Morri'"1\i r clav ' 9°:n- t?’;T<br />

so o n in. c o m m a n d a fte r half- sARACENS^S'Robinson; R Toms',' P<br />

• ti m e . . . , Reed, A Kennedy, DMcLagan;;N Holmes,<br />

M rF flrla n H ’«: t r v fn lln w p H i. F Steadman; R Andrews, J McFarland, A<br />

M c r a n a n a s try io u o w e a eiu - , c h a uis P Und|Byi D Malone, L Adamson,<br />

siv e ru n n in g by S tead m an a n d a d stock, D Ryan.- ; • ■ '<br />

penalties.<br />

With <strong>the</strong> pressures of League<br />

- commitments, ljfted, both sides<br />

were positive and enterprising,<br />

but Saracens were more adept at<br />

<strong>the</strong> • linking of backs and for-<br />

The headline boys are ■ haying<br />

quiteapunningtim e o fitdow n<br />

Newport way. For <strong>the</strong>m, Mat­<br />

<strong>the</strong>w Silva " was " heayeri-sent.<br />

With a name like'that :and .<strong>the</strong><br />

good • performances that he al­<br />

ready seems to have given ori his<br />

few outings with <strong>the</strong> club, he is<br />

destined ' to hog ->• Bristol’s<br />

‘ stand-off. half notwithstanding<br />

<strong>the</strong> heavy iype at <strong>the</strong> top of<br />

<strong>the</strong> column.<br />

-: Newport have, as <strong>the</strong>y say,<br />

taken quite a shine, to Silva.<br />

:;SilVa, it’ seems, sparkles. And<br />

' every Newport cloud has! L . i a<br />

Silva lining, what else? .Boom,<br />

boom. At only ■ 19, he already<br />

looks a fine player.<br />

•! Newport won here, although,<br />

making it more difficult than<br />

was necessary, by four tries and<br />

; four penalties . to a. try arid five<br />

penalties.Silva,whostrike‘sth e<br />

ball effortlessly but to lengthy<br />

distances with h is: left foot,<br />

: kicked <strong>the</strong> four penalties^ He ran<br />

and passed so well as to suggest<br />

that Newport have in him a<br />

valuable property.<br />

The problem for Newport is<br />

that, jUst'as <strong>the</strong>y are finding, a<br />

■ good-looking and. young back<br />

division, . th e irfo rw ard s are<br />

starting to look <strong>the</strong>ir age, wea-<br />

’-.<strong>the</strong>r-beateh arid craggy.'Afterall,<br />

Morgan and Waters have been<br />

at it for <strong>the</strong> club for 18 long<br />

y e a r s : ;r<br />

• ■ If Silva did well iri collecting ■<br />

•his ; points; .HOgg did ; much<br />

better for Bristol and bagged all<br />

his team’s scores. He p u t: six<br />

points on! <strong>the</strong> board in ■ no tim e.<br />

. but;; by half-time: Silva had<br />

responded with his tw o. pen­<br />

alties while <strong>the</strong> rest; of <strong>the</strong> team<br />

had set up three cracking good<br />

tries in w hich: forwards a n d ;<br />

backs managed toV string, <strong>the</strong>ir'<br />

passes-toge<strong>the</strong>r beautifully. ^ .<br />

; T t: was:exciting .stuff, which<br />

, has come late in Newport’s<br />

season, but augurs well for next<br />

• autumn'. Evans, Griffiths arid<br />

Thomas were- <strong>the</strong> scorers.<br />

Hbgg’s o<strong>the</strong>r penalty made it: 18-:<br />

9 at half-time. • . :v v<br />

After <strong>the</strong> interval, Hogg and<br />

Silva' exchanged a penalty each<br />

before Hogg got his try after <strong>the</strong><br />

: early, good work of ;GolIings,<br />

who had a fine match. Silva arid<br />

Hogg again cancelled each o<strong>the</strong>r:<br />

out with a penalty, each before<br />

' Thomas cantred over for a try in<br />

• <strong>the</strong> third minute o f injury tim e.,<br />

SCORERS:. Newport: Tries: ■ EvansrGrif-<br />

fiths,Thomas (2):Penalty goals: Silva (4)..<br />

Bristol:, Try:, Hogg. Penalty goals: Hogg<br />

(5)>-. .. -.<br />

. NEWPORT: M Silva; D Griffiths {rap; ,G<br />

Abraham); L Jones.-'A Evans, J Thomas; D<br />

Phillip's, ,C Jonathan;-F Hillman,.H All, R<br />

Morgan, G George, P Booth, A.Perry. R<br />

Powell, D Waters.<br />

BRISTOL: H Duggan';- B Whitehead, R-<br />

; Knibbs. D -Thomas, A Hodges; S Hogg, J<br />

i Davis; A Sharp, D Palmer, J Doubleday, G<br />

■,aar ' “ “<br />

By Michael Austin<br />

North .......... 23<br />

American Eagles^....;... 10<br />

Simon Langford, <strong>the</strong> Orrell<br />

captain, emerged as a late a n d :<br />

unexpected contender for <strong>the</strong>.<br />

vacant.: England full-back role ■<br />

with a solid, performance, laced<br />

.with flair, at West Hartlepool on<br />

Saturday; but his mernories: of<br />

<strong>the</strong> North’s win over <strong>the</strong> United<br />

States-will be.blurred.:<br />

Langford was concussed when<br />

attempting to tackle Toloumo,<br />

<strong>the</strong>. Eagles’ wing frorii Hawaii,<br />

head on, a taskoakin to stopping<br />

. <strong>the</strong> traffic in <strong>the</strong> fast lane of <strong>the</strong><br />

M I, yet he . recovered suf­<br />

ficiently after a hospital check to<br />

be driven home.<br />

If England sought an old-<br />

fashioned full back with, <strong>the</strong><br />

ability to catch, <strong>the</strong> barrage of<br />

high kicks which.ROmaniai w ill.<br />

hoist against <strong>the</strong>m in Bucharest<br />

on May 13,; <strong>the</strong>n. Langford<br />

should have-figured' high in <strong>the</strong><br />

rankings at <strong>the</strong> vveekend’s selec­<br />

tion meeting.<br />

■' Langford, a long-term can­<br />

didate for a full cap, was not an<br />

original choice for <strong>the</strong> North: he<br />

deputized for Pears, of Sal^ whib<br />

had a “dead leg”.; Langford<br />

superimposed attacking skill s<br />

on secure defence, scored a try<br />

and 'served Tony Underwood<br />

with <strong>the</strong> final pass for ano<strong>the</strong>r,<br />

expertly • fashioned by <strong>the</strong><br />

winger’s chip arid chase.<br />

. The Eagles, preparing for <strong>the</strong><br />

1991 World -.Cup and fielding<br />

five players :on <strong>the</strong>ir first full<br />

tour showed well-defined fea­<br />

tures on which to work. A pack<br />

lacking in technique displayed<br />

considerable physical presence.<br />

Swords and'Ridnell, <strong>the</strong> locks,<br />

-have i remarkable mobility for<br />

<strong>the</strong>ir size arid Hein’s try, a,j a<br />

riposte to <strong>the</strong> North’s four, arose<br />

from ;a quicksilver, counter­<br />

attack, featuring Williams, <strong>the</strong><br />

former Wasps and New- Brigh­<br />

ton utility back.<br />

:The iEagles’ / main: ^short­<br />

coming, was to take a lengthy.<br />

and costly sabbatical. They led<br />

by six points but, <strong>the</strong> Ndrth<br />

proceeded1 to score all <strong>the</strong>ir 23<br />

points in -a 17-ininute-period<br />

bridging half-time. Not even <strong>the</strong><br />

•British Lions can afford that...<br />

SCORERS: North: Tries: Ellison, T Under­<br />

wood, Langford, Huntsman. Conversions:<br />

Andrew (2).'Penalty goal: Andrew. Ameri­<br />

c a n ' Eagles: Try: Hein. Penalty goal:<br />

Williams,O'BrlBn,:<br />

NORTH: S: Langford (Orrell); T Under­<br />

wood (Leicester), G Alnscough' (Orrell),' J<br />

Buckton (Saracens; rep: D Morris,<br />

Liverpool S i Helens), R Underwood<br />

'■ (Leicester;- rep: S Bumhlll.' Sale);- R<br />

Andrew (Wasps, capt), G Doggart<br />

(Aspatria); P Huntsman (Headlngley). N<br />

Hltchen (Orrell). D Sou<strong>the</strong>rn (Orrell), P<br />

Winterbottom (Harlequins), R Kimmlns<br />

(Orrell), D Cusanl (Uverpool St Helens). P<br />

' Buckton (Liverpool St Helens), J Ellison<br />

(Wasps), •<br />

AMERICAN EAGLES: R Nelson (Los<br />

Angeles);.:G .Hein .(Old. Blues;.'.rap:'-S.<br />

Forster, Old Mission Beach), M Williams'<br />

(Aspen), S La Porta (Denver Barbarians),<br />

OToloumo(Hawall Harlequins); C O'Brien<br />

J OId Blues), R ; Ma<strong>the</strong>r (Boston); G M e-.<br />

lohald (Washington), P Johnson (Louis­<br />

ville), D- Jam es (Old Blues), M .Siano<br />

(Philadelphia), K Swords (Beacon Hill,<br />

cept), A Rldnell (Old Puget Sound Beach), ,<br />

S Llpman (Santa Monica), "G Lambert;<br />

(White Plains)..<br />

Referee: I Bullerwell (RFU).<br />

• London Irish established a<br />

club' record by beating Askeans<br />

91-18 at Sunbury on Saturday.<br />

They' scored 15’ tries, four -'of<br />

<strong>the</strong>m from-Collins, <strong>the</strong> flanker;<br />

Mullen converted 13 of <strong>the</strong>m, as :<br />

well as kicking a penalty to go<br />

with his try for a match total o f :<br />

33 points.<br />

• Adrian Potts, <strong>the</strong> referee,<br />

abandoned Saturday’s rnatch<br />

between Worksop and West<br />

Leeds: four minutes from <strong>the</strong><br />

end: after -sending: off three<br />

players/ “I brought <strong>the</strong>: ;two<br />

captains toge<strong>the</strong>r and told <strong>the</strong>m :<br />

to try.' to calm <strong>the</strong>ir players<br />

■ down. But in <strong>the</strong> end I decided<br />

<strong>the</strong>re was no point continuing<br />

with <strong>the</strong> garne,’’-he said.<br />

By Peter Bills<br />

i C a r d i f f 20<br />

Neath..............:............. 12<br />

Neath’s-recent mastery, of Car-<br />

s diff; was brought to.ari.abrupt<br />

end by old-fashioned virtues of<br />

steely determination and re­<br />

solve. The absence-of six re-.<br />

; nowried internationals ’ought to .<br />

; have. made Cardiff s.defeat iri-<br />

■ evitable because Neath’s playing<br />

V resources, reflected iri a 29-man<br />

! squad of all-round ability; are<br />

i infinitely superior. '<br />

j/ ' Yet C ardiff:; started well, ■_<br />

snatching a 10-0 lead within<br />

: nine minutes through two tries<br />

; by Cordle, and <strong>the</strong>reafter gritted<br />

, <strong>the</strong>ir teeth and clung on. It was<br />

done with a. tigerish iritensity<br />

:; that bodes well for <strong>the</strong> future!:<br />

The entertainment factor was<br />

high, too. - ' -<br />

■ Two. of. those ignored for <strong>the</strong><br />

previous, week’s' cup semi-final<br />

did most to unsettle Neath: Tim<br />

- Cro<strong>the</strong>rs drove with such power<br />

and authority in :<strong>the</strong>- loose and<br />

Rowley earned so much lineout<br />

ball , that Neath often looked<br />

second best. When Richards,<br />

<strong>the</strong> veteran Neath' lock, felled<br />

Rowley with a haymaker, it was:<br />

proof; positive, of <strong>the</strong> Cardiff<br />

man’s effectiveness. ; • - V<br />

John kicked; soundly behind<br />

his forwards and. Jones showed<br />

i good points. The veteran Phil- ,<br />

’ lips was making his final appear-<br />

/ ance at <strong>the</strong> Arms Park after a<br />

meritorious career spanning 16<br />

seasons and 465 appearances.<br />

Neath could • have revived,<br />

especially when <strong>the</strong>y got back to<br />

• 13-9. But wrong options and<br />

poor decision-m aking, es­<br />

pecially by Laity in squandering<br />

a: 4-2 overlap on <strong>the</strong> Cardiff 22,<br />

:cost <strong>the</strong>rii crucial-’scOresV Ron<br />

: Waldron,; <strong>the</strong> coach,; expressed<br />

later his dismay, at seeing so:<br />

many wrong decisions.<br />

It was only Neath’s fourth :<br />

defeat of a magnificent season<br />

and <strong>the</strong> overriding memory <strong>the</strong>y<br />

have provided has been of great ’,<br />

quality, even if it was largely<br />

absent here.i Cordle and Ford<br />

have scored . 58- tries between<br />

t h e m 1 this? season: Here '<strong>the</strong>ir<br />

tries were timely because Cardiff<br />

could not be sure of victory until<br />

Ford’s 20-yard effort in <strong>the</strong> filial;.<br />

minutes. . ; ■<br />

SCORERS: Cardiff: Tries': .Cordle (2),<br />

Ford. Conversion: Rayer. Penally goal:.<br />

John. Dropped goals'John. Neath:.Try: A-<br />

Davies. Conversion: Thorburn. Penalty<br />

goaliiThorbum. Dropped goal: A Davies,.V<br />

■ CARDIFF: M.Rayer; G Cordle, R Jones,‘S'<br />

Crandon, S Ford; G John, R Giles; A -<br />

Wllltams, A. Phillips, -S Blackmore, T '<br />

Cro<strong>the</strong>rs, S Cro<strong>the</strong>rs, M Rowley, M Uoyd, :<br />

M Edwards. r ' " '<br />

NEATH: PThorbum; J Griffiths, C Laiiy',.A<br />

Bateman, A: Edm unds;:A Davies, Gew<br />

Williams: D Joseph;.L- isaac. J Davies, P<br />

Pugh, ,H. Richards, G Llewellyn, Gerald<br />

Wiiliams, R Phillips.<br />

Referee: C.Norling (Blrchgroyej;.<br />

Romanian challenge<br />

w ards,., w ith-.-R yam a n d S tock p en alty ,: a n d . ano<strong>the</strong>r- try a n d . Refereo: pwiisonpforkshlre).^; N Le?r,.'4S.JX .^'i^<br />

Romania, by-beating, Italy 28-4<br />

in' <strong>the</strong> FIRA' tournament in<br />

Bucharest on Saturday, have<br />

confirmed that .<strong>the</strong>ir rebuilding 1 f<br />

. process has gained :monientum<br />

and that <strong>the</strong>y will present Eng- ■<br />

land, with ‘a stern challenge next<br />

month (Chris Thau writes).'.; '<br />

■; With' <strong>the</strong>ir season split: by a<br />

. harsh winter,' this was Roma­<br />

nia’s first game this year after<br />

<strong>the</strong>ir Historic win over Wales in ;<br />

December. The side have p e r-.<br />

-.fprmed reasonably.. well .after ..<br />

such . a long- break and <strong>the</strong><br />

forwards outclassed <strong>the</strong>ir oppo­<br />

nents, winning by three goals, a<br />

try, a dropped goal and a penalty<br />

goal to a try. -.--v..-.<br />

Ignat, <strong>the</strong>; stand-off half,<br />

;6peried <strong>the</strong>,score with a neatly<br />

taken dropped goal.Murariu, <strong>the</strong>:<br />

captairi, scored <strong>the</strong> fourth and<br />

final try after/ a; stormy, move<br />

.involving'<strong>the</strong>'.entire pack.:-<br />

SCORERS: Romania: Tries: Boldor. Ignat,<br />

Coman, Murafiu.. Dropped, goal: Ignat<br />

Conversions:, Ignat (3). Penalty-goal:<br />

: Ignat. Italy: Try:CGlosin, ■ . ■• -:<br />

is impressive<br />

stO lihtiits<br />

; By Bryan Stiles<br />

Northampton... : 19'<br />

Nottingham ........ 22<br />

Northampton have, been ac­<br />

cused' o f sailing very close -to<br />

<strong>the</strong> wind” 'in; <strong>the</strong> way Barrie<br />

. Corless carries, Out his duties as<br />

<strong>the</strong> first full-time, paid club<br />

adminstrator in' <strong>the</strong> game.. The<br />

coaching aspect; "of h is': role'<br />

possibly-breaks Rugby Football<br />

; Union (RFU) regulatipns.<br />

Terry Burwell, ,who was dis-.’<br />

missed last ,week as Northamp­<br />

to n coach, made <strong>the</strong> claims in a<br />

letter to Geoff Allen, <strong>the</strong> North­<br />

ampton club president, in which<br />

he says that “<strong>the</strong> role of <strong>the</strong><br />

adminstrator needs to be de-<br />

'ftned to everyone,; particularly<br />

with <strong>the</strong> whole rugby world<br />

j looking at. <strong>the</strong> innovation at-<strong>the</strong><br />

club. Great care rieeds' to be<br />

'taken with regard to his cOach-<br />

ing role as we arc sailing very<br />

. close to <strong>the</strong>. wind; in that area”.<br />

Allen is convinced <strong>the</strong> Club is<br />

operating within.<strong>the</strong> regulations<br />

and says Corless^s job descrip-<br />

• tiori was cleared with <strong>the</strong> RFU<br />

before any vappoiritrnent was<br />

made. “He cannot coach a team,<br />

■ but -. it does; n o t: stop him<br />

cdaching individuals. But what<br />

is a. team? Is it' 15, 17. or 12<br />

players?” :<br />

.Corless, a former: Midland<br />

divisional admiristrator for <strong>the</strong> :<br />

RFU, is sure he is on- safe<br />

ground; “M y appointment was<br />

to: steer <strong>the</strong> ship and to assist'<br />

and direct <strong>the</strong> club coaches. It is<br />

a new'position; No one has ever<br />

done it before, <strong>the</strong>refore <strong>the</strong> role<br />

within <strong>the</strong> club is going to be an<br />

evolving one.”. The effective­<br />

ness Of. <strong>the</strong> changes ,at North-!'<br />

am p to n last . June, w hen -<br />

members threw ’Out <strong>the</strong> com­<br />

mittee • and brought in a<br />

progessive group which took <strong>the</strong><br />

innovative step of Appointing<br />

Corless, has been seen in <strong>the</strong><br />

steady progress - of: <strong>the</strong> team,<br />

which had reached rock bottom.<br />

They are seventh in <strong>the</strong><br />

’ second division of <strong>the</strong> Courage<br />

Clubs Championship arid :in a<br />

non-league 'game on Saturday<br />

<strong>the</strong>y werit'close to. beating a<br />

'team . which lies fourth in <strong>the</strong><br />

first idivision..- Nottingham; in<br />

winning by three goals and a try<br />

to one goal, one try- and three<br />

penalties, showed that all North­<br />

ampton need.is a few more top-<br />

grade players if <strong>the</strong>y are to<br />

reclaim <strong>the</strong>-position <strong>the</strong>y Once<br />

held as one of England’s leadirig<br />

clubs.; 'V . -<br />

SCORERS:: Northampton: Tries:: Moss,<br />

Thorneycroft: Conversion: Moss. Penalty<br />

goals: ■ Moss (3). Nottingham: Tries:<br />

: Bangor scored an impressive 25-<br />

9 win over Iristonians ■ . at<br />

Ravenhill in <strong>the</strong> semi-final. of<br />

<strong>the</strong> A1B Senior Challenge: Clip<br />

ori Saturday and-will meet <strong>the</strong><br />

league ;champions,. Ballymena,<br />

^.'..ih. <strong>the</strong>'final on; Saturday week .<br />

(George Ace writes): - V<br />

Donal: Leriihani.’ a:; Lion in :<br />

Australia later this year, had to<br />

•leave.<strong>the</strong> field after sustaining a :<br />

; head- injuo' in Constitution’s . .<br />

::-l 4 -1 3 w in o v e r G arrA ’O w en .' . .. Mosses, G Koral,C Gray, D.Kaye, G R eB s,---;<br />

/I - ■r.-.j;,..1-.1...:-':’. ; ' M Gresnwood.' :- ;-.<br />

Taylor, Kaye, Byrom, Penalty try. Conver­<br />

sions: S u tton.(3).--.<br />

NORTHAMPTON:: I. Hunter; W Moven, J<br />

..Thame; P Moss, H Thorneycroft; P Larkin,<br />

D Elkington;-V Pocklington, D Frankiarid,<br />

;G Pearce, W Carr. D Jam es, C Hail, W -<br />

■■'Carr, M Charles.<br />

NOTTINGHAM: W Kilford (rep A Kllford); S<br />

Hackney, S Potter, C:Jones, R Byrom; A<br />

Sutton, N Hancock; Mi Freer,'R Taylor, G<br />

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T he'- L anguage ' ,Specialists^<br />

M erro w E m p A gy O l-6 3 6<br />

1487. .<br />

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in Cosm etics. T radin g . D rinks.<br />

S ales. B anking etc. S /H ess.'<br />

• £ 1 0 -£ 1 6 .0 0 0 . ■' L anguage . Re­<br />

cruitm ent S ervices. 3 8 7-7622.<br />

FRENCH Bilingual.-,Top In te rn a ­<br />

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H a zel/T racey o n 01 6 8 8 .7 2 8 7<br />

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O rganise,exhibitions +. fairs, ,li­<br />

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J.a b le exp -in m ark e tin g .' + .<br />

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T h e ;: L an g u ag e' - Specialists.<br />

M errow Em p A gy. 0 1 -636<br />

: -1487: .- :• • •<br />

FRENCH Bilingual C /L eav er Sec<br />

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O utgoing p erso n ality is 'a m ust<br />

for th is e x d first step on th e lad?<br />

. der.. F luent French; -English +<br />

F ren ch S H ess.. T o £1 0 ,0 0 0 ,.<br />

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M errow Em P V.Aay. ‘ 01-636<br />

' 1487.- . '•<br />

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reta ry A d m in istrato r fo r'Im port.<br />

E x p o rt O rg. V aried post, w ith<br />

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S ervices 38 7 7 6 2 2 . o .<br />

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OERMAN spkg C redit C ontroller<br />

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nts.<br />

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* u late p resen ta tio n ., and<br />

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Secretaries. 4 P o n t S t. SW 1.<br />

RECEPTIONISTS £ 1 2 ,6 0 0 , Use<br />

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‘ c a n e a rn you £ 2 0 .0 0 0 -<br />

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Please telephone O l 2 4 8 3744,<br />

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36 SPORT THE TIMES MONDAY APRIL 17 1989<br />

GOLF: MASTERS CHAMPION HAS PLENTY OF SUPPORT BUT LiTTLE TIME TO REST<br />

,; South Carolina<br />

it<br />

rained on<br />

\ From Mitchell Platts,<br />

The latest, and. most signifi­<br />

cant, : odyssey in <strong>the</strong> life of<br />

Nick Faldo.reached its, Ameri­<br />

can .conclusion as <strong>the</strong> final<br />

round; of <strong>the</strong> MCI Heritage<br />

Classic.'unfolded, here on .<strong>the</strong><br />

. Harbour Town course yester-<br />

. day:<br />

Then Faldo headed for<br />

home to a family reunion and<br />

to be feted by <strong>the</strong> television<br />

breakfast shows in addition to<br />

an appearance on <strong>the</strong>. Wogan<br />

show. His command of an<br />

audience stems from, his<br />

- consummate professionalism<br />

which was as evident here as it<br />

was at Augusta; one week<br />

earlier. -<br />

Quite honestly, it would not<br />

have been very difficult for<br />

Faldo, .bearing in . mind his<br />

understandable keenness to<br />

; return home, to miss <strong>the</strong> half-<br />

way cut ori Friday. A missed<br />

two-foot putt on <strong>the</strong> last green<br />

wouid have put him <strong>the</strong> wrong<br />

side, of, <strong>the</strong> line. Instead, he<br />

carefully holed out.<br />

. '■ - What is. more, :in <strong>the</strong> rain-<br />

interrupted third round,- he<br />

.-, steadfastly refused to loose his<br />

■ coricentrationj 'despite a -3Vi-<br />

. hour delay. -and compiled, a<br />

flawless 67 during which he<br />

struck several gorgeous shots.<br />

■ There was ;a 'two-iron to six<br />

feet at <strong>the</strong> fourth for. a two. A<br />

■ - driver and a three-wood set up<br />

:an ■ eagle at <strong>the</strong> fifth from. 20<br />

feet. At <strong>the</strong> 11th he. found , a<br />

gapi through <strong>the</strong> trees to carry a<br />

three-wood shot more. than<br />

245 yards to; <strong>the</strong>; back of <strong>the</strong><br />

green.' •. :/■<br />

: Now Faldo deserves to<br />

pause and, in <strong>the</strong> ■.;.' time<br />

honoured tradition of Walter<br />

Hagen, smell <strong>the</strong> flowers, but<br />

he will have' little, chance to. ■<br />

rest this week with: <strong>the</strong> spot­<br />

light focused on him. He also<br />

has a charity event at Went-<br />

Card of <strong>the</strong> course<br />

Hole Yds Par Hole > Yds . Par<br />

1 \ • 397- .• 4 10 ; : 418 -<br />

2 ■•.•492- '5 ' •' 11 ‘ 412 •4<br />

3 ' - - : 399 v 4 1 12 *'- •; 404 .,■■4<br />

4 ' 188'*.'- 3 *,;■ ,1 3 ':363 . 4<br />

5 - , 528 '5- 14 153, - 3<br />

6 404 .• 4 . • 15 . 5 6 1 5<br />

7 172 ;‘3 ' •. 16 : 373 • •4<br />

8 439 •• v4 17' .169: ••3<br />

9, , • 327 4 . , r .18.. 458'.. .4<br />

Out: 3,346 . - 36 v i In ■ 3.311- 35<br />

Total yardage: 6,657: Pan 71<br />

worth on Thursday and a<br />

company outing for a sponsor<br />

on Friday. v ; / •<br />

Not that Faldo minds one<br />

little bit. “It’s marvellous<br />

getting so much attention both<br />

at hpme and here,” he said.<br />

“Yoii strive for fame.and that<br />

is all part of <strong>the</strong> deal, il’ve had<br />

some wonderful -messages<br />

• since <strong>the</strong> Masters and I; seem<br />

to have made a hit with <strong>the</strong>'<br />

pop world.Phil Collins,:Elton<br />

John and Huey Lewis have all<br />

been in touch. Iii fact, I’ve got<br />

an arrangement with Phil that.<br />

I give him a gblf lessori'and in<br />

return he gives me a lesson on<br />

<strong>the</strong> drums.” '<br />

. Faldo', however, will put <strong>the</strong><br />

clubs away arid escape to'<strong>the</strong><br />

tranquillity of <strong>the</strong>' riveirs Test<br />

■ and Wye. <strong>the</strong> following week.<br />

“My wife, Gill, and <strong>the</strong> I child­<br />

ren, Natalie and Mat<strong>the</strong>w, are<br />

coming with me because it’s so<br />

important that we be toge<strong>the</strong>r,<br />

for a while,” saici Faldo. ‘Tm-<br />

going to fish for.salmon for <strong>the</strong><br />

first time,so that is going to be<br />

a new thrill.” ■■■/'/ ■;-..-/<br />

. He will next play in <strong>the</strong><br />

Byron:Nelson Classic in Texas<br />

from May 4 to 7 followed by<br />

<strong>the</strong> ■ Memorial Tournament<br />

and:; <strong>the</strong> ; Colonial National<br />

Invititation event;,! - Faldo's<br />

first competitive appearance<br />

as <strong>the</strong> Masters champion . in<br />

Britain will be in <strong>the</strong> Cham­<br />

pions Challenge at Wentworth<br />

,ori May ;24. followed by <strong>the</strong><br />

Vblvo ’ PGA Championship<br />

from May 26 to 29..<br />

; Payrie Stewart entered: <strong>the</strong><br />

final round three shots ahead<br />

. of ano<strong>the</strong>r American, Kenny<br />

Perry, Raft e r completing a 67.<br />

Bernhard Lariger, enjoying his<br />

best tournament of.<strong>the</strong> year,<br />

took 67 ! tobe seven - shots<br />

behind.-; //''C:-<br />

LEADING THIRD. ROUND SCORES (US<br />

unless stated): 199: P,Stewart 65,67,67:<br />

202: K Perrv 65,67,70.204: M McCumber<br />

71,64,69.206: B Langar (WG) 69,70,67;.<br />

K Knox 69,70,67! 208:L Roberts 69,69,<br />

70.209: T ByhJih 72,69,68; B Mayfair 70,.<br />

70,69; T Kite 72,' 6 7 ,7 0 ;P Jacobsen 71,,<br />

68,70; M Reid 69,70, 70. O<strong>the</strong>r s c o re s :1<br />

210: C Beck 71,71,68.211: L Wadklns 72,<br />

69, 70. 212: N Faldo (GB) 6B,’ 77, 67; T<br />

W atson7 6 ,66,70. O '-<br />

A‘strange thing happened at <strong>the</strong><br />

Rome Classic, <strong>the</strong> opening tour- ■<br />

•namerit of <strong>the</strong> women’s Euro- ’<br />

peantour, at Olgiata, yesterday. ■<br />

■It; was won-by Sofia Gronberg,<br />

o f: Sweden; by' one; shot, . from •<br />

Marie-Laure Taya, ■ of France,<br />

who last year made a habit of<br />

winning-such events. '<br />

; Gillian Stewart, <strong>the</strong> talented.<br />

Scot, emerged heroically from a<br />

■ sad winter which brought <strong>the</strong><br />

death p f her fa<strong>the</strong>r. to finish in<br />

' third place on 212, one under<br />

. par, a shot behind Taya.<br />

•: ' , Gronberg, , whose •: English<br />

showS little trace oftw oyearsat .<br />

<strong>the</strong>^niversityofAIabamayShpt ■<br />

a;6 ^,tv^^der;par;fbra total of;<br />

V; .210; ; three ..linden; It eamed-her \<br />

V .^ £?,750, and her first tpurvictory,'<br />

" , fiat <strong>the</strong> start of her second year as<br />

' a professional. ,-■':P’ '; /; C .;.<br />

From Patricia Davies,-Rome<br />

She began <strong>the</strong> third and last<br />

roiind - <strong>the</strong> event was,reduced to<br />

54 holes because of-.a thunder­<br />

storm onI Friday - two . shots<br />

behind Debbie Dowling, <strong>the</strong><br />

■ overnight leader, and ;.0ne . be- ,<br />

h ind, Stewart; but had moved<br />

' into <strong>the</strong> lead by <strong>the</strong> 9th after an<br />

outward 34, two under par.// ' ,<br />

• ’ Dowling put herself out of<br />

'-contention withi -an j'atrocious<br />

outward nine of. 45, w hich:,<br />

included a seven at <strong>the</strong> parfbur<br />

4th. Stewart, however, who had,<br />

a course record 65 on Saturday,<br />

was involved in <strong>the</strong> competition<br />

right to <strong>the</strong>.end.' She birdied <strong>the</strong> ,<br />

1 13th, to move to two under,:ahd'<br />

shared <strong>the</strong> lead%v/itH Gronberg,<br />

who had bogeyed <strong>the</strong> 1 0th'.’<br />

- Theywere.<strong>the</strong>n one ahead o f ;<br />

^;Taya; ,b u t;n o t: for lorig. The.<br />

^Frenchwoman birdied <strong>the</strong> 13th,<br />

14th .and!, 15th to go to three<br />

' under par, and.takev<strong>the</strong>iputright<br />

lead; It looked likea case:6fdeja,<br />

deja yubut.Tayadrove into'<strong>the</strong><br />

rough' at <strong>the</strong> final holcto drop fa<br />

shot. Gronberg birdied <strong>the</strong>:17th:'<br />

and' equalled; p a r/at <strong>the</strong>:' last,<br />

though she said because she was<br />

so nervous she could remember<br />

nothing; of <strong>the</strong> holei She was'<br />

assured of<strong>the</strong> title when Stewart<br />

failed to birdie .<strong>the</strong>1 17th from<br />

eight feetiand, needing aibirdie<br />

to tie, bogeyed <strong>the</strong> 18th. ; - ,' i;<br />

LEADING' FINAL SCORES (GB and Ire :<br />

unless stated):'210: S Gronberg (Swe), 70,'<br />

71,69.211: M-LTaya (Fr),71,72,68:212:<br />

G Stewart; 75,65; 72;.213: L Marltz(SA),'I<br />

.76,69,68; EDescampe'IBel); 71, 73, 69.<br />

217: M Gamer, 7 5 ,72i'70;T Abltbol (Sp),<br />

72, 75, 70. 218: D: Raid,'72; 71,-75;.K<br />

Douglas, 71; 70,77; D D6wIing;-70; 68,-79.'%<br />

.220: A NIchdlas,.75i' 72,' 73;,R ’tautens<br />

(Switz), 72,73,75; C Navarro (Sp) 76, ,73;<br />

arookie<br />

• - From Mel Webb ; .<br />

Cannes ; ■<br />

All week Paul. Broadhurst ; has<br />

been /.claiming; i with becoming,<br />

modesty that he has not been<br />

hitting <strong>the</strong>,ball all that well. You<br />

might have expected, <strong>the</strong>refore,<br />

that Broadhurst would have<br />

been. moderately pleased: yes­<br />

terday when, he won .nearly<br />

£35,000 without hitting it at all.<br />

You would have been right, too.<br />

■ W hen; teem ing: rain w ash ed<br />

, out Ulie 'final day’s play- in <strong>the</strong><br />

' Cannes Open on <strong>the</strong> Mougins<br />

course, Broadhurst was ; left<br />

sitting on <strong>the</strong> top of <strong>the</strong> pile with<br />

*.a three-round total o f 207, nine<br />

iinder par. So did he have a<br />

conscience about winning all<br />

'that money without leaving, <strong>the</strong><br />

sanctuary of- <strong>the</strong> clubhonse?'<br />

W ell, no, actually. i .<br />

. “It’s not something I can do<br />

anything' about,’’ lie said. “It’s :<br />

; :not my fault it’s raining. I know<br />

some people will say it was a bit<br />

hollow because: I only - played<br />

three rounds I’ll just tell .<strong>the</strong>m<br />

to look'in <strong>the</strong> record books.” / .'•<br />

•ji . It;was all said very quietly a n d .<br />

without bombast. There are' no<br />

airs and graces about this young<br />

man. Aged 23, he has impressed<br />

eyerybody he has been in contact.<br />

with, both on aiid off <strong>the</strong> course,<br />

in <strong>the</strong> opening two months of his<br />

first full season on <strong>the</strong> Volvo<br />

Tour. Before this week it had<br />

brought, him tw o. third places<br />

and a' lot of respect from his<br />

peers.;'', ; ■• ■'<br />

If he is nervous on or, off <strong>the</strong><br />

course, he is not one to show it .;<br />

But <strong>the</strong>re were butterflies flitting ,<br />

about, all right, as he sat down to .<br />

breakfast in His modest hotel off<br />

<strong>the</strong>, Rue;s d’Aiitibes yesterday<br />

; morning. .“Nothing seemed to<br />

want to. go down, somehow,” he<br />

: said. Funny what nerves ,dui do<br />

to'<strong>the</strong> epiglottis.<br />

‘ H e : has' become <strong>the</strong> first<br />

' Briton to ;win in his rookie year<br />

since ■ Gordon Brand jun and<br />

Paul Way did so ih 1983; and his<br />

■victory .will earn him exemption<br />

on.<strong>the</strong> tour for <strong>the</strong> next three<br />

seasons and a place in this year’s<br />

Open. . .iV::<br />

^ H e is third in tlie.money lis t .<br />

and: although ■ still refusing; to<br />

talk about <strong>the</strong> Ryder Cup, must<br />

, have it. in <strong>the</strong> back o f his mind.<br />

H e has also won a grand total of<br />

£60,566.20, a small . improve­<br />

ment on <strong>the</strong> “£120 and hoping”<br />

- that he had ih <strong>the</strong> bank when he<br />

turned professional.last August.<br />

LEADING, FINAL SCORES (GB and ,ire<br />

. unless staled): 207: P Braadhiirst, 65,70,<br />

72. 208: J :Heqgarty,'69, 72, 67: B Ogle<br />

(A ub) ,7 1 , 68, B 9;P S enlor (Aus), 70,66,<br />

72. 209: R RaHerty, 72, 67, 70. 210: M<br />

McNulty (Zim), 71,70,69; J Van de Velda<br />

(Fr), 71,' 69,70; A Chamley, 71,68,72; D<br />

Cooper, 73,64,73.211: P Walton, 74,71,<br />

66; D Smyth, 70,72,69; J Rivero (Sp), 72,.<br />

68, 71; M Persson (Sw'e);,68, 68, 75; M<br />

Calero (Sp); 70, 66, 75. 212: C<br />

,.Montgomerle,.71,:73; 68;:W Malley, 69,<br />

7 3 , 70 ; B Norton„(US)„ 7 0 , 7 2 , 7 1 ; J<br />

A Anglada (Sp), 6 7 ,7 1 ,7 4 ; S Hanilll, 6 8 ,6 8 ;<br />

;76.213: IW oosram ,72,73,6B ;M Lanner<br />

_.(Swe),6 9 ,7 2 ,7 2 .;j';.:; ' ■ ■ ? f-'<br />

EQUESTRIANISM<br />

From Jenny MacArthur, Tampa, Floridk .<br />

•The ;■■,:■• British Olympic show<br />

:jumper, Joe Turi, who. was<br />

beginning'to think his trip to <strong>the</strong><br />

! Volvo .World Cup meeting here<br />

. was in vain, had a remarkable<br />

return to fonn with Country<br />

; Classics Kruger at <strong>the</strong> weekend,<br />

1 Jinishiiig ■ third in <strong>the</strong> $25,000<br />

- Grand .Prix of Tampa behind<br />

■'two :United States riders, Peter<br />

i Leone J on Oxo and Bernie<br />

.Traiiric on Eastern Sunrise.<br />

Turi;' lying , ,35th after <strong>the</strong><br />

second' leg1 of <strong>the</strong> World Cup<br />

; final, withdrew rfrom:: tHe final<br />

■part of '<strong>the</strong>' Cup ' last night to<br />

compete ..in Saturday’s - grand '<br />

prix,' which was restricted to.<br />

riohVWorld.Cup horses.;. ,<br />

• : Kruger, r-. whose ■ last; com­<br />

petition was in’ Amsterdam, in;<br />

'N ovem ber;: had :.evidently".<br />

' “rieede'd <strong>the</strong> run’’ in <strong>the</strong> first two<br />

legs;,of <strong>the</strong>. World Cup. On<br />

/Saturday;' looking/ fitter and;<br />

1 more confident, he recorded one:<br />

"of only 'eigHt clear rounds out of ‘<br />

<strong>the</strong> 44 starters. .<br />

In <strong>the</strong> jiimp-offs, Leope, aged<br />

2.8,' a banker, from New York,<br />

■was <strong>the</strong> first to go; Applying <strong>the</strong><br />

same single-mindedness- which<br />

had lifted him to fourth place<br />

' with Threes and Sevens after <strong>the</strong><br />

second leg o f <strong>the</strong> World Gup, he.<br />

and, <strong>the</strong> 13-year-old. Belgian-<br />

bred' Oxo recorded a fast and<br />

faultless clear round.<br />

: Turi took - up’ -<strong>the</strong> challenge<br />

and looked a match for his time<br />

until hitting <strong>the</strong> first part o f <strong>the</strong><br />

double.'Even so, his first round<br />

kept him in second-place until<br />

^overtaken by <strong>the</strong> versatile'<br />

■ Traiirig r- ;he is also an inter-<br />

' national dressage1 and: three-day-<br />

event rider."' ,<br />

: ’ ’ Turi, who will ride Kniger in<br />

<strong>the</strong>opening Natio'ns’ Cupmeet-<br />

"ing in Rome next, month,’, said:<br />

“My, horse: is. not ;a; Milton.' ;I<br />

.. .didn’t think I'h ad a chance in<br />

<strong>the</strong> !World’ Cup, T just canie<br />

hoping ; to : pick'.' up ' a'-Uttle '<br />

■money.” He collected $3*000 for.<br />

his third'place! '<br />

■ RESULTS: Johnnie Walker.Black Grand<br />

Prix: 1, Oxo (P Leone, US) Oilts, 28;06sec;<br />

2, Eastern Sunrise (B- Traurig,; US), 3,<br />

34.62;'3, Country Glasslcs’Kruger (J Turi,<br />

GB), 4, 28.55 . Volvo World Clip, final<br />

positions (after second leg):. .1,1 .Millar<br />

:(Can), 0; 2, J Fargls (US), 4; 3, R Jenkins<br />

.(US),'6.5; equal 5, J Whitaker (GB); 10,5.;<br />

TENNIS<br />

*s prize car<br />

■ , By^Re^X'BeHamyjTennis^Gorrespondent .<br />

Hallamshire ' (Sheffield) beat win'.oVcr Mark Funiess in <strong>the</strong><br />

Clearyiew. (Brentwood) 2 -l-..at ' sccOnd-string sinjglcs: ■,. ; - ;;s<br />

Queen’s Club -yesterday in <strong>the</strong> ; Bishop <strong>the</strong>n had a 6-3,7-5 win:<br />

final ■ o f '<strong>the</strong> inaugural..,GMv, ;over ’Paul Coyle, a fierce, but<br />

VatixhalL Indoor Club; Trophy..; frequently wild ■ hitter whose<br />

The two . Haliamshire. players ■.eccentricities included ;a top-,<br />

.each won <strong>the</strong> use ofa new car for • spun drop shot. Bishop, quick in<br />

a yean ; a mixed: blessing: fo r1.h is anticipation and footwork,<br />

Danny;;Bish6p,.;aged: 19, who ^contained <strong>the</strong> assaults with ad-<br />

does not'driye. , ; . mirable , discipline and reeled1<br />

This event; ‘is i designed to .Coyle in as if he were a fish on a<br />

stimulate: winter competition ^ine: ■ .<br />

a m o n g B r it is h c lu b s w i t h , i n d o o r ; v, r e s u l t s : SeinMlnais: ciearview-fBrent-<br />

f a c ilitie s . T h e t o u r n a m e n t b e g a n wood) bt Coventry 2-0, p : Coyle bt G<br />

in'H laniiaV v' w ith , a n p iitr v n f 3(1 ■ ■ Adams,7t6, 6-2; P Reekie beat R Green 6-<br />

in J a n u a r y w itn a n e n x ry o r 2 ^ , Hallamshlre: (Sheffield) - beat<br />

- te a m s s c a t te r e d - b e tw e e n t h e Q ueen's 2-0. D Bishop beat S Alger 6-2,6-<br />

N o r th - E a s t- ■ a n d - t h e • C h a n n e l .7., 6-4; M Furness beatM Goldberg 6r2 ,67<br />

Vvtacf :' - '• 1 ■ ,3, Flnah Hallarfishlre beat Clearvrew 2-1-.:<br />

'. •, Bishop beat Coyle 6i3;’7-5;.Furriess:lbst '<br />

■ r.Teanisi consist,of two' men-,/to/Reekie 2-6, 2-6; Bishop and purness,<br />

\vho each: play ia singlesjand.iin ;,l?eatGoyle,and Reekie 6-4,6^4.,-,, ■<br />

partnership, a doubles.' Players *i-AMELIA ISLAND: Martina-<br />

are ineligible,if <strong>the</strong>y have been NavratiloVa has: failed'for: <strong>the</strong>.<br />

chosen",for: a ;Mortgage.,Corpora- second , time , in tw ow eeks to<br />

tiori league team; or, ■ iiii.<strong>the</strong> past feach' ari expected meeting w ith,<br />

two years, have had a . world ■ vSteffl ;Graf;.:lbsihg'6-3," 6-2 on;<br />

ranking. •- ,. this occasion to Gabriela.Saba-<br />

' Hallamshire;.. had ,to come ■ tini in <strong>the</strong> semi-firials of th e .<br />

from ! behind, because P au l. women’s tournament here' in-'<br />

Reekie, <strong>the</strong> more polished.:and Florida (Bariy W ood’ writes),<br />

punishing shot-maker, put Graf defeated Arantxa Sanchez<br />

Clearview. ahead with a 6-2, 6-2 by;<strong>the</strong> saine score. /<br />

■ ; ' .................. ;.. '. ED ByRNE.<br />

Classic hope: Zayyani (Biily Newnes) wins <strong>the</strong> Greenham Stakes at Newbury from Lunar Mover (Paul Eddery, quartered cap)<br />

• Markofdistinction, Luca Cum- ■<br />

ani’s dark horse for <strong>the</strong> 2,000<br />

Guineas/ has knocked .a near-<br />

hind, joint and, is. not a certain<br />

runner against A1 Hareb,<br />

Shaadi, .Citidancer: and’ Exb- ■<br />

ourne in Thursday’s Craven<br />

Stakes at Newmarket.<br />

.“He; was sound this morning.!<br />

/and; he. will. have-a veterinary [<br />

examination to see if. he, can ■<br />

canter ,tpmorrow” <strong>the</strong>, i trainer ;<br />

said yesterday.; “We , will: just -!<br />

: have.to take it day by day;”: ■<br />

. , Cumani. had. no excuses . for :<br />

Really :BrilIiarit,. who; started a :<br />

heavily-backed. 1.3-8 favourite<br />

•finishing ninth‘behind Zayyani<br />

; in- <strong>the</strong> Singer ,arid'Friedland.er •<br />

Greenham: Stakesat Newbury<br />

On Saturday. “There'fs nothing !<br />

obviously wrong, this, ihorning” 1<br />

he said; “Perhaps1 he just wasn’t<br />

good.enough.” .. ,<br />

: Zayyani’s comfortable two '<br />

lengths defeat of Lunar. Mover<br />

,paid:a dramatic tribute not only<br />

to <strong>the</strong> ability o f <strong>the</strong> Aga Khan-<br />

pwried and bred winner, butalso<br />

to <strong>the</strong> value o f <strong>the</strong> form of last :<br />

•autumn’s .iDewhurst Stakes. He<br />

finished fourth, beaten a total o f<br />

S’A lenigth's. behind .<strong>the</strong> dead-<br />

heaters Prinfee O f Dance and<br />

Scenic, : and in recognition , of<br />

this fact Ladbrokes; have pro- ;<br />

moted;Saratogan, a close third<br />

that r,afternoon,' .; to1 clear 5-1<br />

favouritism, for <strong>the</strong> 2,000'<br />

G u i n e a s . '■■:.•. ■ • ■'. •• ••. 'i<br />

Fulke!JoHris6n:Hp'u^ton/in 1<br />

his last season training'three- ;<br />

year-olds for Europe’s most ;<br />

ppwerfuKowner-breeder, is ada­<br />

mant that Zayyani failed tofgive<br />

his true' runnin'g:at Newmarket.<br />

“He got worked up beforehand ;<br />

and ; I- was very disappointed;’’ '!<br />

said <strong>the</strong> trainer. , , ^ ;<br />

v And it' was noticeable on ;<br />

Saturday, that although <strong>the</strong> .<br />

completes<br />

notable treble<br />

Kevin Prendcrgast recorded a -j<br />

treble ‘ at Phoenix Park on<br />

Saturday including both Harp :<br />

Lager-sponsored '?'classic ; (trials /'<br />

(Our Irish .Racing' Corrcs- •<br />

pondcnt writes).,, . .... ,.; /;<br />

f -r.The better .impressidni; w as.'<br />

created? by TursanaH,; >vho, in .;<br />

<strong>the</strong> colours o f Harridan Al-Mak-<br />

touni, came home/a two-length .;<br />

winner Of: <strong>the</strong> 1,000 Guineas -: ;<br />

Trial; She found a good turn o f ,<br />

acceleration and wiM now be-put. ..<br />

zway. j for next ' month’ s ' Goffs’<br />

Irish i,000 Guineas. ■<br />

. ' Antipathy, <strong>the</strong> runner^up,-.will /.<br />

run in <strong>the</strong> Italian 1,000 Guinea's<br />

next weekend said her trainer ?;<br />

Tommy Stack. ' ' .-<br />

: in ; ai^thnlling/finish; to <strong>the</strong><br />

2,OOOV .Guineas ' Trial half a<br />

length and a short head sepa- :<br />

rated <strong>the</strong> first' three; Sagamore,'.<br />

VestriS'Abu and Lone Runner. '<br />

However,. safest prediction is<br />

that none will get a place in <strong>the</strong> .<br />

2,000 Guineas. ■ ; i . ;<br />

By Michael Seely, Racing Correspondent<br />

wiriner-rah his race with resolu­<br />

tion he had first done his utmost<br />

to dislodge, Billy Newnes. before<br />

<strong>the</strong> start. ' / , . ^<br />

■' The- Ag'a Khan refused to<br />

comriiit himself about <strong>the</strong>'Guin-<br />

eas, : biit after this talented<br />

performance, it is difficult notto<br />

believe that Zayyani will be in<br />

<strong>the</strong> line-up on May,6.<br />

Ladbrokes, in: making Zaiy-<br />

yani ,a. 20-1 : chance, , go. 5-l<br />

Saratogan,-7-1 Thorn Dance, 8-<br />

i: Shaadi, 12-1 Exboiirrie and 20-<br />

1 Al: Hareb, Prince Of, Dance,<br />

Naishwari; O f <strong>the</strong>se prices, <strong>the</strong> ;<br />

m ost interesting are <strong>the</strong> 20-1' on :<br />

offer against '-Prince O f Dance<br />

and :;Nashwan,;.,.who, has..been<br />

backed .frorii; 40-1; 'in .<strong>the</strong> past<br />

three days.' . r v<br />

“My - Guineas plans are' still<br />

fluid,”, /D ick Hern said yes­<br />

terday. ;“But,, although we. will<br />

know more when Al Hareb has<br />

run on; Thursday,1 both Prince<br />

O f Dance and Nashwan are alsO<br />

possible runners!” .<br />

• Prince O f Dance’s claims are<br />

obvious but Nashwan has al­<br />

ways been held in equally, high<br />

regard at West Ilsley. And even<br />

<strong>the</strong> normally 1 cautious . Hern<br />

finds it difficult to conceal his<br />

admiration for Sheikh Hamdan .<br />

Al-Maktoum’s half-bro<strong>the</strong>r, by<br />

Blushing Groom,, to Unfuwain..<br />

B oth; hOrses are equally sound<br />

prospects for <strong>the</strong>. Derby,/ for<br />

which Nashwan is <strong>the</strong> new 10-1<br />

favourite with Ladbrokes, who.<br />

offer 14-1 against Prince O f<br />

Dance. . './;<br />

V -.The / usually reserved . New-<br />

bury crowd gave a rousing<br />

re'e'eptioriv to ' H ern; when he<br />

entered <strong>the</strong>: winner’s ^enclosure<br />

to greet Urifuwain after <strong>the</strong> John<br />

Porter Stakes.' Making his first<br />

racecourse appearance since be-<br />

Thorn Dancepleases<br />

Thorn Dance continues to please<br />

Henry Cecil and a racecourse .<br />

gallop at Newmarket, followed<br />

by fur<strong>the</strong>r fast work on Sat­<br />

urday;' will determine whe<strong>the</strong>r'<br />

Sheikh Mohammed’s unbeaten .<br />

colt can. be made ready for <strong>the</strong><br />

2,0,00 (Guineas on May'6 (Mich­<br />

ael Seely writes). /■/ /'..:.<br />

. “He’s starting to get.<strong>the</strong>re,”<br />

said ^Cecil - yesterday., “Willie /<br />

Ryan said he quickened well' to.'<br />

get to Citidancer on Saturday.<br />

Ideally I’d like to work him on<br />

Wednesday.” :<br />

Cecil.. ended Saturday on a<br />

high note at Neyibury when Old<br />

Vic and Monsa^em completed a<br />

double. , . ■v!-.; 'i/, \ ■<br />

“I thought Morisagem .was<br />

'backward,” / said .<strong>the</strong>- trainer,<br />

“but he won well.'“H e’s entered'<br />

in <strong>the</strong> 2,000 Guineas:’’<br />

.The trainer has/now had three<br />

winners, and two seconds from<br />

seven runners. Tomorrow Brush<br />

Aside, now as low as-14-1 for <strong>the</strong><br />

Derby, makes his delayed re­<br />

appearance in <strong>the</strong> Museum<br />

Maiden; Stakes at Newmarket.<br />

Oh: Wednesday, Shining Steel<br />

will represent <strong>the</strong> stable in th e :<br />

_Free Handicap, and Reprimand<br />

;WiU take onCharmer and'Shady<br />

Heights -in. <strong>the</strong> Earl O f Sefton<br />

Stakes.<br />

Thursday sees Citidancer: in-<br />

<strong>the</strong> Craven Stakes and Opening<br />

Verse in <strong>the</strong>- nine-furlong<br />

Feilden Stakes,1 andon Saturday<br />

■Cecil, will .: run two possible<br />

Derby., candidates,; Konigsberg<br />

and Zalazl, in <strong>the</strong> White Rose<br />

Stakes at Ascot. • i<br />

fore Ascot last.year, <strong>the</strong> trainer',<br />

said; “Urifuwain got a little tired'<br />

^ but I /thought he , did it well<br />

considering that both <strong>the</strong> second<br />

. and .third had already been out.”<br />

, ■, Although <strong>the</strong> 9-4 on favourite<br />

appeared to make slightly,heavy<br />

wea<strong>the</strong>r of beating' Per Quod<br />

and Apache, after moving easily<br />

in to ; <strong>the</strong> lead early • in <strong>the</strong><br />

straight, la st season’s top-rated<br />

middle-distance ■ three-year-old<br />

went one better thari-Teenoso,.<br />

third in this race/in. 1984 before<br />

winning <strong>the</strong>King George VI arid<br />

Queen Elizabeth D iam ond<br />

Stakes. ' / , .<br />

“Both <strong>the</strong> Coronation Cup<br />

and <strong>the</strong> Grand Prix de Saint-<br />

Cloud are possible targets in <strong>the</strong><br />

first half of <strong>the</strong> season',” said tlie<br />

trainer." '. / ' ' ’<br />

Ben Hanbury, out of luck with<br />

Per Quod. had won <strong>the</strong> opening<br />

BridgetStakes with FutureTrea-<br />

. sure,-but again had to be content<br />

, with second place as Pat, Eddery<br />

cbiriplefed a double ori O.tter-<br />

gayle to beat Beau Sher in' <strong>the</strong><br />

Newbury Spring Cup. '•-/■■/■'<br />

Those who made Ottergayle<br />

. ,9-2! favourite to , make amends<br />

fpr.his unlucky'Dpricasterdefeat<br />

never had' ariy; cause ifor -aiarm.;<br />

“He.- hacked up” said.vPeter<br />

Walwyn. “He/cpuldmow go to<br />

Ascot for <strong>the</strong>. Victoria Cup.” , ;.<br />

/ On <strong>the</strong> 1,000 Guineas front,<br />

ciFriday’s ',NewhuryY winner . Pass<br />

The Peace , has been, steadily<br />

backed to a best-priced 10-1,<br />

while Musical Bliss hardened to<br />

6-1 clear favourite after working ,<br />

well on Saturday. ■<br />

,• TonyMurray.'a'ndJoeMercer<br />

finished: first and second 'in -‘L a :<br />

Course .des Cracks’,- an invita­<br />

tion race for retired jockey's’ at-<br />

Compiegne.. . • ..<br />

GroveTowera<br />

Point-to-point by Brian Beel'<br />

Grove Tower makes few race- ;<br />

Course appearances but when he .<br />

does ,-it .,is; to' tellirig effect. - On /<br />

Saturday, in The Times Chsmp-<br />

ionship qualifier at-<strong>the</strong> Ledbury '<br />

point-to-point^ in only his sec­<br />

ond : race, he went off a well-<br />

backed even money :favourite in /<br />

a field of 19-and, ridden; with ;<br />

great confidence by/ Toni Jack­<br />

son,-beat QueenslaridDrover by<br />

a length. .■ '■ ■■ ; , ..’ 1 -,.<br />

/, Jackson was content to have<br />

him in <strong>the</strong> rearBroup Ori <strong>the</strong> first<br />

circuit. He'made'his;moye at <strong>the</strong> ;<br />

fourteenth, disputed <strong>the</strong> lead at<br />

<strong>the</strong> ‘ last 'arid1 quickened 'on, <strong>the</strong><br />

ruri-in. Sue Saddlerkept Queen­<br />

sland', D royerst'ayingipn' ..for<br />

second wifh <strong>the</strong> third, Asigh five ;<br />

Ierigths'away. ' ,<br />

■ ' Grove Tower was bought as<br />

an .' uriraced' five-yCar-oId 18:<br />

riionihs ago by Stan Nixon at <strong>the</strong><br />

Doftcaster sales for 1,600 gns<br />

and h ad, only one run • last /<br />

season; , in <strong>the</strong> Teme Valley<br />

Maiden, which he won.iriipres-.<br />

T H E ' ^ f e - T L M E S<br />

'.n ..y V,,',1,!,<br />

Point-toH-point<br />

Championship<br />

sively: He; is.,a difficult horse'to<br />

keep sound: but,/ w ill, be'ari-<br />

interesting, prospect if he makes<br />

<strong>the</strong> line-up : for r <strong>the</strong> firial /.at<br />

Towcester. ' /' / /<br />

• There was a double at <strong>the</strong><br />

meeting , for; Damien Duggan<br />

and a defeat for <strong>the</strong> regarded<br />

dual winner Master Erylfat <strong>the</strong>'<br />

hands ofVickalda' in <strong>the</strong> ppen-<br />

■ Termpre prbvided Teresa El-<br />

we|l with her': first win of: <strong>the</strong><br />

season in <strong>the</strong> Bicester members’<br />

race and she quickly" doubled<br />

her score by taking <strong>the</strong>- ladies’<br />

, open'on Military Twostep. who<br />

beat Erostin Ruler. - ,<br />

': 'The maxim o f never,backing a<br />

horse firSt'tifne but after Airitree<br />

was reinforced/in/ <strong>the</strong> Land<br />

/■Rover Open.'Border Burg;,in h is'<br />

first race since ,<strong>the</strong> Liverpool<br />

FOxhiinters’i, was installed 7-4<br />

On; favourite-and; was riiaking<br />

progress when, in a tussle with<br />

.- Button Your Lip on <strong>the</strong>-berid<br />

/approaching <strong>the</strong> fourteenth, fal-<br />

-/ tered and unseated Alan Hill. ; .<br />

Andrew. Sansome Went on to<br />

; win on Golden Wings, so giving<br />

■ some consolation to ’his supp­<br />

orters, after a disappointing run<br />

- iri a hunter chase at Hiiritingdpn<br />

. . pn Easter IVIdnday. -<br />

. A similar slip-up pccurred at<br />

■ <strong>the</strong> Portman where Jenny. Pid-<br />

.. geon w as. putting in a; strong<br />

challenge arpurid .<strong>the</strong>'.last, bend<br />

oft Scotch On,Tlie Rock but was<br />

chopped fdr'room.'and unseated,<br />

leaving Quayside Batfje tp win<br />

by six lengths from Abalight./<br />

: As any Self-respecting tyrannical-ruler ■<br />

will toll ypu, <strong>the</strong> difference botwoon <strong>the</strong>'"-:,,<br />

,:npbles and peasants-rriust be maintained.'<br />

, i -Russia,.in <strong>the</strong> days of Peter <strong>the</strong> Great,;-<br />

• typified this. ; ;<br />

• Keen to/ emphasise:.<strong>the</strong>‘'yawnirig'gap':<br />

: in status betwefen -hirn^and'<strong>the</strong> serfs; Peter<br />

./embarked on a campaign/qf unparalleled ■■<br />

self-indulgence. ".--7 ,v ;••/'•. i<br />

. : His; court life w as' strewn 'witW/sp.ec-<br />

' / tacular- banquets, sometimes lasting ./?:-“^<br />

:;:several days, ma'de .up of <strong>the</strong>;mbstviavish /<br />

. fayre his.riches could .offer, /;v! ■■ ■•<br />

• ■; /;■: . Arid' if <strong>the</strong>'.'peasaritr.y.-still.dOubted tKe .;<br />

■ Tsar's'absolute power; <strong>the</strong>;arriyal at’his , :"<br />

table oftho‘jewel of English brewing’ surely,.<br />

convinced <strong>the</strong>m. / ■ ' , / .'; ; . .<br />

/-' ■/A great favourite of <strong>the</strong> Tsar’s, Burton :<br />

;■-' ale;was shipped specially to St. Petersburg :<br />

;.where’^;its, fragrance -was- revered; Ipng<br />

before it "was knewn ,in England... , ■/<br />

:/'; Its tawny aspect and heady, strength<br />

ideally suited; <strong>the</strong> mood of rollicking :- :<br />

revelry, arid was freely used by Peter arid;<br />

his'bioated guests whb/sought succour'. ■<br />

from -<strong>the</strong> ravages /of o<strong>the</strong>r,.'less refined'<br />

beverages./ ■ ’"■■■• -<br />

/ : These days, Ind Goope’s Burton Ale is<br />

still'brewed /in. <strong>the</strong>/same style as that<br />

' which/inflamed ^Ke'/ardour.pf .<strong>the</strong> fiery ..<br />

! Russian drinkers. ■ ■ . . ;<br />

. Using <strong>the</strong> fam eus/Burtpri w ater<br />

: ari'd <strong>the</strong>;fine^t.malt:;arid hpps,;this<br />

/strong, full-bodied, hpppy;ale‘ is a<br />

classic am ongstbeers. ;. •"■•<br />

,/,/ ■/ v;Eyen;now,:ypu]ll firid its; .noble:<br />

;;;.flaypur.- well above;,;<strong>the</strong>- stfitipn pf -<br />

/mpdernday!peasants?-:'.,L‘' /,:,/'/ • -<br />

wasnobeerfor<br />

I m u m<br />

BURTON BORN • BURTON BREW ED • BURTON ALE<br />

i^ p lts frpridf 13 ^eeti|igs^<br />

: BEDALE&WOFYORE (Hornby Castle):<br />

Adj: ,1,. Rockciiffe'fR Tata); 2, Ingleby<br />

'.lm p;.3:payzone:'10 ran; Re'st: .1;: Final<br />

• Chant'(H!Brown); 2, Sheiw ood Hope; 3,<br />

"S u sie’s Boy. 13 ran.: L a d ies:'1, Willies<br />

•:Gig (Miss S Horner); 2rArctic;Rym es;3,;<br />

Straight Pliot/7 ran. Land Rover Open:<br />

■1 ,l'lhgleby,Star(N Tutty); 2 l Polyganunh,<br />

3, Burnditch Boy. 10 ran. Hunt: 1, Printer<br />

(MAtkinson); 2„Kerstella; 3, Riveririg'. 4'<br />

-• ran: Mdn I: 1; Air Mark: (S Brisbyf 2,<br />

-■-Rusty Rifle; 3; King’s Joy. 8 ran. Mdn ll::<br />

■ 1, G reat Run (R.Tate) 2, Level Quay; 3 ,.<br />

Orlangey. H ran. . - * -<br />

BICESTER WITH WHADDON CHASE:<br />

(Little Horwood): Hunt: 1, Torm ors (Mrs .<br />

T • Elwell); . 2, Rusholse; 3, Cheadle<br />

G reen. 12 ran. Adj: ,1,.Ballynaveen (A<br />

Sarisome); 2 ,. Klngsbourne Lad; 3,-<br />

Broonles ..Talng.,1 2 ran. Land Rover<br />

Open: 1, Golden Wings (A Sansome); 2,<br />

Button :Your Lip; -3, Castle Andrea: 13-<br />

ran. Ladies: .1, Military Tw ostep (Mrs T<br />

Elwell); 2; Erostin Ruler; 3, Codger. 11<br />

ran. R e a t .t, Bit Of A.CIown (I MoKie); 2,<br />

Wish for More'; 3, Cross Count. 16 ran.<br />

Mdn: 1, Bastrullah (T lllsley); 2; Quarry<br />

■ Merchant; 3, Ask No More. 18 r a n ..<br />

"BRAES OF DERWENT(Tranwell): Mdn:.<br />

1,- Owen Duff (P Craggs); 2, Jystie; 3,<br />

Second Attempt. --17 ran. O pen:' 1,<br />

Tarlevie (P Johnson);-2, Benton Boy; 3,<br />

Esker-House. 10 ran. Ladies: 1, Major-<br />

Rouge (Miss D Laldlaw); 2, Turf Cutter.<br />

O nly two ran. Rost: 1, Beechwood<br />

-.Sailor'-(J-'Walton);- 2, Cannon Lad; 3,'<br />

:M elsonby..10 ran. A dj:'1, Your M ove.<br />

. (Miss. J Spensley); 2, Panavista; 3,<br />

Official Receiver. Hunt: 1, Luda Lady'<br />

(Miss J. Morton); 2 Rebel:Don; 3; Tula .<br />

Benjamin.3 ran. . -<br />

BURTON. (The Carholme): H u n t 1, -<br />

. Cheeky Monkey (S Robinson) finished,<br />

alone; 3 ran. Adj: 1,: Siberian D ancer (C<br />

.;Ward-Ttiomas); 2„True Dowry; 3, Jlm-<br />

brook: 12- ran: Ladies: 1, Sweet Diana<br />

(Mrs; J, Dawson); 2„Fa<strong>the</strong>r Coiombus;-3,<br />

Urard Bby. 6 ran;: Land Rover O pen: 1, :<br />

Golden Casino (S Andrews); 2, C astles<br />

In iThe Air; 3, White, City. Boy. 10 ran;<br />

R est: I,- Elsie's lmage (G Cosgrove); 2,<br />

Templetown; 3, Quite' Island. 8 rah; M dn,<br />

I: .1,. Corblts,for Goid (S R obinson)/2 ,'<br />

■Cam p'G low ; 3, A Certain.Hit.-14 rain.<br />

'M dn 11:1; Gulf Of Gold (M Watson); 2;<br />

Baffin.Land; 3, Rugged Dusky.-11 ran.<br />

CHIDDINGFOLD, LECONFIELD &<br />

COWDRAY: (Tweseldown): Hunt: .1,<br />

B urrow S ta r (B N ich o lso n );' 2,<br />

■' Boardsm an’s Venture; 3, Danish E a ste r.,<br />

4 rah. Audi adj: 1, Provide (S Clalsse); 2,:<br />

Young Lover;,3, AriothBr.Honour. 6 ran.. .<br />

R est: 1,'Jerry,Is Wish (D Evatt); 2, P eace<br />

Huntworth;(R Ainer); 2/ Jossestow n; 3 ; ■<br />

Swift Current.-10 ran.-Hunt: 1, Cam erata<br />

(Miss T Cave)'; 2; :Kiiton'Gym; 3, Mr ■<br />

Sponge:.6.ran. Mdn: 1; Brian’s Boy (R \<br />

Treioggen);'2, Saleapolo; 3.Spring Fun.<br />

13 ran. ■ , . r ; : -,.--<br />

TETCOTT (Lamaiia): Hunt: -1, Couritrv'<br />

Carol (G Penfold); 2, George B V i. Only -<br />

two finished. ■ •6. ra n ;, Open: ■ 1; ■ Our<br />

Seam us (W ■ Henderson); 2, Perspex<br />

Way; 3, Never D eem ed.-11 ran. Audi<br />

adj: 1,.Ballyneety (Miss P ' Fisher);.2,i<br />

Vulman; 3, Bucks Mill,; 12 ran. Ladles: 1,<br />

,For A,Lark (Miss A'.Turner); 2, After, <strong>the</strong>'.<br />

Storm; 3,- Get. Away. 9 , ran; Rest: 1,<br />

Arrowood 'Junctlon(M iss‘L-Blackford)r<br />

2; ^ u g a r Hall; 3,- Champagne. B a r.;i7;'<br />

ran. M dn:1, Medieval C apers (Miss A<br />

.Turner);'2; King Of Diamonds; 3 t Our/ •<br />

Generator. 13ran^ .• - „■ ...<br />

WEST KENT (Penshurst): HunL 1; Ten<br />

Bears (A-Walsh); 2 ,Tom Tucker;.Only- •<br />

two finished. 5 ran. Adj:-1v Motor Bike<br />

Man (D Robinson);-2ii.Golden Reign; 3 ,:'<br />

Robson. 16 ran. Open: 1, .Veleso (GV<br />

Gordon); 2, .Why Forget; 3,-Joro, 12 ran. '<br />

R est: 1, Kronenborg (J ‘Hickman)'; 2,-<br />

Carving Knife; 3, Sonnendew . 16 ran ;i-<br />

Ladles: 1, Gay Fish (Miss S Gladders);<br />

2,'A shlone; 3, Arctic Menelek. .7 ran. ,<br />

Mdn; ,1; Rockmount River (Miss S "<br />

Belcher); 2, Porchester Ruh';3;Tempes><br />

tuous. 17.ran. ; ; ‘ / : •<br />

WEST SOMERSET VALE (Nedge):<br />

Hunt: '1;'.'.Mexican, J o e’’(G Smith);- 2,<br />

Indian Trooper; 3 , 0 ’.Henry. 6 ran. R e s t<br />

1,’ Ju st So (Miss J-Burrow); 2, Ano<strong>the</strong>r1<br />

;Lucas; 3,'Double Magic! 12 Iran. Mixed<br />

Open: 1, Rodden Brook (P MacEwan);<br />

2, Gerry's Doyle; 3, Eight Ball. 8 ran.: .<br />

Adj: 1, Freeze Frame (R Buckler); 2,<br />

Sam son - Blli;;3j' Worth Matravers: 11 ■■-<br />

ran. PPOA: 1, Brent Mystery. (D Luff); 2,<br />

Otarbari;‘3, Madam May,.7 ran: Mdn: 1,<br />

And Theres More (J Farthing); 2,<br />

Derrywood; 3 ,A y a n d e e ,j5 ran .',<br />

WHEATLAND (Bitterley): Adj: 1, Dead­<br />

line (A Jam es); 2, Sandwalker; 3, Ben<br />

Lair. 11 ran. Open: 1, Dashalong (A;<br />

Jam es); 2, Pauper’s Diamonds; 3, Pride ■"<br />

Of Tullow: 10 ran.'Ladles: 1; MaoAlainn<br />

(Miss L-Fellows); 2, Lohesom e'Park; 3,'' .<br />

Jak e Barnes. 10. ran.-:Times C h a m p -,<br />

lonshlp Rest: 1, Foxy Day (C Hancock);-<br />

2, Chiel; 3, Butte'rley Boy. 22 ran. Mdn: ■,<br />

■1, Best Intent (C Hancock); 2, Castleing;. '<br />

3, Indalution. 15 ran: Mbrs: 1,' Aho<strong>the</strong>i1,<br />

..Orbit (A- Ulyet);' 2, Spartan 1 Major; 3,:’<br />

.L unarM o n ar.ch .7 ran :-..''.<br />

Quayside.Battle (Miss J Wickham); 2,/ ..'•.T h e'G lam o rg an point-to-point w as,<br />

Abalight;3,.Ruby F |am e.9 rap. Open: 1,/: abandoned d u e to wateriogging.<br />

'Keeper; 3, Battle Fleet. 14 ran. Ladle's:<br />

; 1, Hurry Up'Henry (Miss A Harwood);.2,,.<br />

. Okeydoke; 3, Thats For Sure.. 8. rah.<br />

- Open: 1,'Deep C ross (S Humphries); 2,<br />

Bay Tab; 3, Juvenile' Prince. 14 ran.<br />

'M on: 1 ,.Did I S ee it'(A Hickman); 2,-<br />

Young Outlaw; 3, Helpful Fella. 5 ran.<br />

E S S E X 1 '(M a rk s T ey): H iint: 1<br />

• Dynamo'nte .(Mrs "J -Bennett); 2, New<br />

..Lyric;-3,. Knight's. Row.' 6 ran. Adj: 1,<br />

Unknown. Martyr (P Harding-Jones); 2 /<br />

Campaign House; 3,. Ben Jarrow ; 10 -<br />

ran. Ladles: 1, Noan Wood (Miss P<br />

Claydon); 2, As You Were; 3, Darrington<br />

:Deal. 7 ran. R e s t 1; Quick Advice (S<br />

Cowell); 2, Dynusa's Boy; 3, Fiddawn .<br />

Hill. 12 ran. Open:.1, General W rekin(P<br />

Tiano); -2, Carls Choice; 3, .T ru st To -.<br />

Luck. 9 ran. Mdn I :'1, Barley Way (P<br />

Tlano);, 2, Jimmy Shand; 3, N e<strong>the</strong>rline..<br />

14 ran.,M dn II: 1, Ashton Express:(W<br />

Knott); 2, Tennis Major; 3, Punka-Walla. •■<br />

‘ 4 ran. . , ;■ -i " . , ....<br />

LEDBURY (M alsemore Park): Adj: 1<br />

Coiil .Kahda (D Duggan); 2, Captain<br />

' Kelly; 3,-Higham Hill. 19 ran. Hunt I:<br />

Pewsharti’s Son (Julian- Pritchard); 2,<br />

King Sear; 3, lyiorgari: 6 ran. Open: 1; .<br />

iVickalda (M Rollitt); .2," Master Eryl; 3,<br />

Scarlet Silk. 15 ran. Ladlas: 1, Kilfrancis<br />

Lad (Miss'C Thomas); 2, Grange Run; 3; .<br />

Ebony' Hill. 11 ran. ,77mes. Cham p-<br />

lonahlp, R e s t 1, Grove Tower (T<br />

Jackson); 2, Queensland Drover; 3,<br />

Asigh. 19 ran: Mdn I, p t 1 :1, Funnyifoot<br />

(T• Stephenson); 2 ,:Dicey Run; 3,- Kilted<br />

Scot. 11 ran. Mdn l, pt 11:1, Dingle Jack<br />

(M 'Jackson);:2, Make Mine Melitta; 3,<br />

Bullroarer. 11 ran. Mdn II: 1, Bicbme (D<br />

Duggan);. 2, Barleycorn Boy;' '3,<br />

Buckmari’s Boy. 17 ran.<br />

MEYNELL AND STAFFS . (Sandon):<br />

Hunt: 1, Manton Castle (B Goodall); 2 , ',<br />

Keep A Promise; 3, Sw eet Paddy. 6 ran. •<br />

Adj: 1 -, Swinh'oe Croft (J Fumival); 2, Can<br />

Fly; 3„ Mount Argos. 12-ran. Open: 1,<br />

Brynglas (J Groucott);- 2, Sunday<br />

School; 3,i Cute Pam: 8 ran. Ladles: 1,<br />

Pennyazena (Miss S Baxter); 2 ,-Saw­<br />

yer's Son; 3, Smite Hill. 10 ran. PPOA: 1,<br />

Grange-Valley-(P Millington);-2, Gltche<br />

.Gumme; 3, Golden Knoll: 9 ran. Mdn 1:1, .<br />

Ahalln (S Brookshaw); 2, Sandstone<br />

Arch; 3, Tikitama..10 ran; Mdn II: 1,■<br />

Iv an h o e." C harlie (M Hewitt); 2 , A,<br />

M anassass; 3, Boriny Milari.10 ran.- ■,<br />

POHTMAN (Badbury Rings): Audi adj: 1;<br />

;Polar. Glen-: (M Felton); 2, Catman; 3; .<br />

Minsara. '5 ran. R e s t 1, • Nor<strong>the</strong>rn<br />

Society (G Burton); 2, Oak Lodge;, 3,<br />

Allred Tower. 10 ran.-RMC Ladles: 1<br />

U''-"


n/ '<br />

THE TIMES MONDAY APRIL 17 1989 SPORT 37<br />

By. Mandarin<br />

Some of racing’s great names<br />

are remembered on <strong>the</strong> Not­<br />

tingham programme this aft:<br />

ernoon, iricluding two recent<br />

Epsom classic winners, Slip<br />

Anchor and'Oh So Sharp. . -<br />

‘ Both Were saddled by Henry<br />

Cecil, and <strong>the</strong> champion<br />

trainer' is powerfully repre- •<br />

sented in bbth <strong>the</strong> races which<br />

. bear <strong>the</strong>ir name. His better<br />

opportunity lies with Bel*<br />

homme in <strong>the</strong> Slip Anchor<br />

Stakes.' ^ '. ■'/' '<br />

Thecoltworihisorilystart,<br />

over six furlongs at Doncaster,<br />

last season, asserting his<br />

superiority in <strong>the</strong> final furlong<br />

to win by seven lengths. A<br />

^half-bro<strong>the</strong>r to <strong>the</strong> .smart -Ad-<br />

mirars lnhi silccessful over a<br />

mile.' and a half,, he should<br />

have no; difficulty with this<br />

extended niile. . ■> . ; '<br />

Each • of f. his opponents,<br />

including 'stable, companion<br />

Michelozzo, lobks <strong>the</strong> type to<br />

win races; this season, but in<br />

this instance <strong>the</strong> main danger,<br />

may be Val Recit, second but<br />

demoted to fourth in a good-<br />

class Newmarket maiden in<br />

. October' ■ 1<br />

Cecil runs Helens Dream-<br />

girl in <strong>the</strong> Oh So Sharp Stakes<br />

but in this case I prefer Ela<br />

Meem,. closely related to <strong>the</strong><br />

outstanding-Pebbles. . Her en-<br />

couraging; fourth, to Batshoof<br />

. at Leicester earlier this month<br />

gives her a- fitness.edge over<br />

her' rivals, and <strong>the</strong> way she was<br />

staying on at <strong>the</strong> end of that<br />

seven furlongs suggested that<br />

she would be better suited by a<br />

longer trip.<br />

Clive Brittain: good pros*<br />

! pects with Ela Meem<br />

. Dick Hern ' registered his<br />

first success of <strong>the</strong> se&sori with<br />

Uiifuwaiii at Newbury on<br />

Saturday and he can stage a<br />

swift follow up with Vintage in<br />

<strong>the</strong> Coronach Handicap.<br />

The four-year-old was succ­<br />

essful on soft ground at Salis­<br />

bury last year and may have<br />

been unsuited by <strong>the</strong> tighter<br />

tracks at Epsom and Windsor<br />

when beaten subsequently.<br />

• The main attraction at<br />

, Folkestone is <strong>the</strong> reappear­<br />

ance of <strong>the</strong> talented Shuttle-<br />

cock Corner in <strong>the</strong> Privy<br />

Councillor EBF Stakes.. H e;<br />

numbered <strong>the</strong> group two Fly­<br />

ing' Childers Stakes, at Don-<br />

' caster among his victories last<br />

{season and although both<br />

'Paddy Chalk and Silks Prin­<br />

cess are useful in <strong>the</strong>ir own<br />

: right it will be disappointing if<br />

Paul Felgate’s colt is beaten.<br />

False Start ran well here last<br />

seasonwhenanecksecphdto<br />

Safawan and can reap <strong>the</strong><br />

benefit of her seasonal ?debut;.<br />

in <strong>the</strong> first/division of <strong>the</strong><br />

Chatham Maiden Stakes.. ; ■<br />

; In .<strong>the</strong> Dartford Maiden<br />

Stakes I like . <strong>the</strong> ■ look of<br />

Charlie Nelson’s Enchanted<br />

Goddess. She-showed • plenty;<br />

o f early pace ■ in , each • o f her.:<br />

three races last'season,; incliid- ,<br />

ingagainst<strong>the</strong> highly-regarded<br />

Ensconce at Ascot, and can<br />

open her account at. <strong>the</strong> ex-.<br />

pensebfPririgipoula. VK<br />

A t. Edinburgh, Dream Of<br />

Fame, can land .<strong>the</strong> Inveresk<br />

Maiden Stakes for Bill Watts.<br />

He was a fair third to easy<br />

winner. Flight O f Destiny at<br />

Haydock last August arid ’ al-,<br />

though he was ra<strong>the</strong>r dis­<br />

appointing next time , that<br />

Haydock suggests he can win<br />

in this company.<br />

Watts- is ! not without a<br />

chance of ajdouble with <strong>the</strong><br />

top weight; Nafuat' in <strong>the</strong><br />

Dalmeny Handicap but I in­<br />

tend opposing ! him, and' in­<br />

deed napping, 'Heir Of<br />

Excitement<br />

The' four-year-old finished ■<br />

second; in-four competitive<br />

mile handicaps : last season1<br />

and while he clearly has ability<br />

he is not an easy ride. How­<br />

ever, race fit from a fair sixth<br />

at Doncaster last rhonth and<br />

fairly handicapped, he may.<br />

find this seven furlongs just<br />

what he needs to bring out <strong>the</strong><br />

• best in him. ;<br />

Blinkered first time<br />

EDINBURGH: 2.30 Pundles P e t 4 3 0 Heir<br />

Of Excitement. FOLKESTONE 5.15<br />

Yanbu. NOTTINGHAM: 2.30 Tortus. ;<br />

EDINBURGH<br />

Selections<br />

By Mandarin<br />

•2iO'Tracey’s Ladd. 2.30 Malpas. 3.0 Awkas. 3.30<br />

Kalzao.'4.00 Dreani O f Fame. 4.30 H EIR O F<br />

EXCITEMENT (nap).<br />

By Our Newmarket Correspondent<br />

2.0 Jalopy. 3.30 Kalzao. 4.0 Skirbeck. 4.30 Grey<br />

• Fellow. • . •<br />

Going: good Draw: 5f, low numbers beat<br />

2.0 NORTH. BERWICK MAIDEN STAKES (3-Y-O:<br />

£1,422:5f) (11 runners)<br />

1 0 HILLDYKE MAC 21 N Bycroft 9-0____.... LChamochS<br />

2 604 SINGING STARIBJ Balding 9 4 SHonfailS<br />

3 : 60-2 TRACEY’S LADD 2 M Brittain 94.......;.....;.......;... — 10<br />

4 300- - UNIROYAL WINDWAY 188 C Nelson 9-0.;. M Wlgtiam S .<br />

5 350- ALTER0173 T Barron 8-11........... D Nicholla 11<br />

6. 635- BLUE MISCHIEF 265 R Allan 8-11...... S Webster 1<br />

, V ; 030- JALOPY 168 M Prescott 8-11 Q Dulfleld 7<br />

x 8 :02-0 KALI KOPELLA14 J Payne8-11 ...... ..:... R PElliott6<br />

9 600- MIAMI PRIDE 182 M James8-11................ N Carlisle 4<br />

10. 00-' MISS KIVE 216 (B) D Chapman 8-11......... S Wood (5) 9 '<br />

11 00- SHELBERRY 322 J Berry B-11 . . . . . . . . . . . . . J Carroll 2<br />

■ 5-2 Tracey's Ladd, 7-2 Jalopy, 4-1 Unlroyal windway, 6-1<br />

Altero, 8il,Blue Mischief, .12-1 KelliKopelle, 14-1-o<strong>the</strong>rs.<br />

2i30 CARBERRY MAIDEN AUCTION STAKES (2-<br />

Y-O: £1,338:5f)<br />

1 PUNDLES PET (B) W Pearce 8-12__ ; M Richardson 6<br />

2 S MALPAS 1 9 M HEasterby8-10..,........... KHodgson8<br />

3 ; ‘ 4 BEACHY GLEN 11 C Tinkler 84................ GDuffieldS.<br />

4 0 NORTHGATE KING 9 M Brittain 8-7....... . M Wigharn 9<br />

5 0 . AIRE VALLEY.LAD5 J Norton8-6........... ;PBurtte(5)2<br />

. 6 GLEN MADDIER Whitaker 8-8:.:.......'. K Bradshaw 7<br />

7 ••■■■ ■ MISS PINOCCHIOJ Berry ,8-4..;.........;, ....J Carroll 1 ,<br />

8 . 53 ANYTIME ANYWHERE 14 Mrs GReveley 8-3 .<br />

J Carr (5) 4<br />

. 9 SHEWHOMUSTBEOBEYED A Jones 8-0.. B CrossieyO.<br />

. 2-1 Anytime Anywhere, 7-2 Beachy Glen; 4-1 Maipas, 6-1<br />

Miss Plnocchio, 8-1 Glen Maddle,14-1 Northgate King..<br />

3.0 MUSSELBURGH SPRING HANDICAP (£2,040:<br />

1m4f) (14) :■ •'<br />

'1 60-1 BEAU NASH 21 (D,F,G) A Stringer 5-10-0 . M Hindley 9<br />

2 /03 FRENCH GONDOLIER 12(G) R Allan 5-9-12 SWebsterlO<br />

.3 40-2 AWKAS 19 (S)G Moore 4-9-12 Dean McKeown3<br />

4 333- GOOD MOOD 30J (D,G) J S Wilson 4-9-10... J Carroll 8<br />

5 022- WINTER STORM 2 (G) T Barron 4-9-0:.... D Nlcholis 14 .<br />

8 -000 PATHERO 4 (CD,F,G,S)N Bycroft 5-8-10 LChamock5<br />

7 ’305- SATURN MOON 94JJ S Wilson 4-84.... M Wiflham 11<br />

8 /00- SUKAAB13J B McLean 4-8-4.:...................... K Fallon 1.<br />

9 00/ RAYMONDS STAR 723 M Naughton 5-7-12 \<br />

. S Wood (5) 2<br />

10 2 4 4 ALPHA HELIX 19 (V,CD,F) J S Wilson 8-7-12 '<br />

' . ' G Diifflaid 6<br />

11 '1-18/TIMSOL011 (C,S) C Tinkler 6 - 7 - 1 1 P Burke (5) 12<br />

12 ■ 64* IMPUNITY 51J R Whitaker 4-7-10..:...:....... G Hind(5) 7<br />

13 006- RIVER SPIRIT 14J P Monteith 4-7-10 ... PDelton(7)13<br />

14 004) ALACAZAM11 (V.F.G) T Craig 7-7-7:........ N Carlisle 4<br />

'9-4 Beau Nash, 9-2 Timsolo, 6-1 Awkas, French Gondoiier, i<br />

8-1 Winter Storm, 10-1 Good Mood, 12-1 Saturn Moon. :<br />

3.30 ABERLADY SELLING HANDICAP (£1,366:1m<br />

3f) (11) . '<br />

1 301- DAURICUM 23J (C,G) C Thornton 5-10-0 J Bieasdale 8<br />

2 ' 454* FIERY SUN 20J (V) G Oldroyd 4-9-8......... K Hodgson 3 '<br />

■3 ■: MR COFFEY 368J (F) S Norton 6-9-8....... B C routay 4<br />

4 2-33 SUSAN HENCHARD 11(B,G) M Avison 5-9-7 J Birch (7) 7<br />

8 000/ COMPOSER 1BJ (C,F,G,S) M JamflS 11-8-7. N Carlisle 2<br />

. 9 ‘ 0Q0- RUSTIC TRACK 90J(F,G,S)(D)Danys Smith 9-8-5,'<br />

PDatton(7)5<br />

10 0 4 4 KEY ROYAL 19 (V,Q) M Naughton 8-8-2....... K Fallon 6<br />

11 .000- DANRIB0 51J J Parties 6-8-2 JC*rr (5) .<br />

■ 9-4 Dauricum, 11-4'Klrkby Flyer,5-1 Susan Henchard,6-1<br />

Mr Coffey, Kalzao, 12-1 o<strong>the</strong>rs. .... , .'j . , ■ :<br />

4.0 INVERESK MAIDEN STAKES (3 & 4 ^ 0 :<br />

£1,562:1m) (16)<br />

r 1 00- AYR BAY 314 J S Wilson 4 - 9 - 9 M Hlrttfley 7<br />

' 2 0 BRIGHT HOUR 23 D Chapman 4-9-9..........'8 Webstof 2<br />

3 200- OFF THE RECORD 1B8 C Thornton 44-9 JBMWdaKB<br />

4 000- ALCHEMISTHESS 214 Denys Smith .4-9-6 D Nlcholi* 13<br />

■ 5 300- NAFPUON182 R Peacock 4-9-6 ...U- S Wood (5),15<br />

, 6 005- OPALKINO173Ajones4-9^................ BCro»slay14<br />

7 240- SILENT DREAMS 205 P Blockley 4-9-6 ...;.. J Carr 15) 9 '<br />

- 8 ANGUS HABIT G Hutfer 3-8-6....1:........ Ron Hlllia (5) 12:<br />

9 4- BUILDERS GOLD 308 J J O'Neill 3-8-6.. J Carroll 31<br />

10 30- DREAM OF FAME 223 J Watts 3-8-6 Dean McKeown 6<br />

11^^ 020- SKIRBECK196 J Toller 3-8-6 ..............i.. GDuWaldlO<br />

12 ■ THE DOODLERT Craig 3-8-6.:...;.:.......:...;NC*riHIe11<br />

aigJ<br />

13t 023-; WHEATSHEAF..1B4 J H Wilson 3-a£..-......<br />

'14 00-3: FAR DARA 23 N Bycroft 3fS-3...„.....;....... L Chirr<br />

, 15 4-20 THERE YOU AHE 9 M F .<br />

. KDarfeyl<br />

...................... Chamoek 4<br />

M Brittain 3^8-3 M Wl^iam'16<br />

'1 6 06-6 WINGED FOOT 19 J Parkos 3 - 8 - 3 .;........K Flllon S<br />

3-1 Off The Record, 4-1 Wheatsheaf, 11-2 Far .Dara,17-1<br />

There You Are, 8-1 Angus Habit; 10-1 Dream Of Fame.<br />

4.30 DALMENY HANDICAP (£1,730: 70 (13)<br />

1 440- NAFUAT 21.2 (B,D,G,S)J Watts 5-9-12<br />

■. 2 40-3 APPELLANT 19 D Topley 4-9-0..<br />

D«nMcKMWn4<br />

. R Hillls (5) 1<br />

_ . . . ____________ _ opIey4-S<br />

■ 3 22-6 - HEIR OF EXCITEMENT: IB (V) A Stringer44-12 .<br />

. MHimfleylO<br />

4 602- ABSOLUTE STEAL 196 (D,F) W Pearco 3-8-5 ■<br />

: DNIcholla.11<br />

5 060- MINE'S A DOUBLE 195 J H Wilson 4-8-4 K Fiilon 6 ■<br />

6 3-31 BRODIE11 (S).C Booth 5*1...;........ Dal* Gibion (5) 7<br />

7 420- LETS GO ALLEGRO 3 4 J(G )JS Wilson 4-8-0<br />

' G Hind (5)2<br />

8 000*- GREY FELLOW 217 M Prescott 3-7-13 G Duffield 5 ;<br />

9 640- AQUAINTED202M Brittain 4-7-12 S Maloney (7112<br />

10 34-0 MANS NO ANGEL'5TCraig 4-7-8.:..... . N Carlisle 9<br />

11. 30-3 GOTHIC FORD 19(8) C Tinkler 5-7-8 ...... P Burke (5) 3<br />

12 00/2 SWEET EIRE 23 P Monteith 7-7-8 L Chimock 8<br />

13 30-6 SUPREME OPTIMIST 19 (B) R Peacock 5-7-7<br />

S Wood (5) 13<br />

5-2 Bradle, 7-2 Sweet Eire: 9-2 Appeliant. 7 -i Gothic Ford,<br />

10-1 Heir Of Excitement, Lets Go Allegro,-14-1 o<strong>the</strong>rs. •<br />

Course specialists<br />

TRAINERS:'J Toller," 3 winners froni 6 runners, 50.0%: M<br />

Prescott, 20 from 70, 28.6%; J W Watts, B.from 43.18.6% ; S<br />

Norton, 16 from 95,16.8%; Mrs G Reveiey, .11 from 67,16.4%; C<br />

Tinkler, 5 from 32,15.6% . . . , . .<br />

JOCKEYS; G Duffieid, 37 winners from 157 rides, 23.6%; K<br />

Faiion, 6 from 28.‘21.4%; L Champck, 18 from 148,12.2%; K<br />

Dariey, 17from 146,11.6%: N Carlisle, 4 fro m 3 8 ,10.5%; J Garr,<br />

3 from 29,10.3%: (Only qualifiers). ■<br />

Results from Saturday’s five meetings<br />

Newbury:<br />

. :2.0 1, Future Treasure (9-4 fav); 2;<br />

Summa Cum Laude (10-1); 3, Silk Petal<br />

(33-1). 17 ran. • ' x<br />

2.30 1, Otteraayle (9-2 fav); 2, Beau<br />

. Sher (10-1);'3, Joveworth (20^1); 4, Nall<br />

Don (20-1). 21 ran.<br />

3.01, Zayyani (6-1); 2, Lunar Mover (9-<br />

1); 3, Batshoof (9-2). Really Brilliant 13-8<br />

fav. 12 ra n .: . .<br />

3.30 1. Urifuwairi (4-9 fav; Mandarin’s<br />

nap & Michael Seely's hap); 2. Per Quod<br />

(5-1); 3, Apache (5.-1). 7 ran. . .<br />

4.0 1,. Old Vic. (Evens fav; Private<br />

, Handlcapper’stoprating); 2, Icona (15-8);<br />

3, Singular Run (11-1). 6 ran.<br />

4.30 .1, Nobis Match (5-2 It-fav); ,2,<br />

Amber Lightning (4-1); 3, Triomphe Mod-.<br />

est (12-1). Boozy 5-2 Jt-fav. 12 ran.<br />

. 5 .01, Monsagem (5-2 fav); 2; Twln je t<br />

(3-1); 3, At Peace (33-1). 22 ran. -<br />

2.15 1; Run High (15-8 fav); 2, Tina's<br />

Brig (11-1); 3, Pit Pony (9-2). 5 ran..<br />

2.55 1, Sou<strong>the</strong>rn Minstrel (5-4 fav); 2,<br />

Interim Lib (100-1); 3, Tartan Tailor (9-2). 7<br />

■ ran. :■ ■ •/.<br />

3.25 1, Serdu (4-1); 2, Mils Mij (10-11<br />

fav); 3, Macho Man (11-g. 4 ran;<br />

D IA L U P<br />

LIVE RACING<br />

COMMENTARY<br />

898<br />

DIAL UP. WAPPiNG ROAD. BRIST0L.BS1 4RH<br />

Calls charged 25p per min.Ghcap rase...<br />

38p all o<strong>the</strong>r times.'<br />

. - T H E C O M P L E T E<br />

' R A C I N G - S E R V I C E<br />

FOR THE FOLLOWING -<br />

SERVICES PHONE<br />

0898 222 +<br />

-555 RACE_<br />

COMMENTARIES<br />

P lu s C o u r sc N e w s - L a t e s t S h o w s<br />

-565 RESULTS<br />

R a p id a nd C la ssifie d R esults<br />

-560 NEWS<br />

UPDATE<br />

■ F orm Preview s - Interview s —<br />

■M o n e y Talks - S u m m a ry |<br />

o fT ip stc r s' ' .<br />

{C«IU(bRr|ad5ppirl>*(aR(l»paahr: :<br />

■ /uiatairiiRHMih).<br />

4.5 1, Roll-A-Jolnt (4-1); 2, Charter<br />

Hardware (18-1); 3, Four Trix (B-1).<br />

Glenslde Jerry 100-30 fav. 11 ran. ;<br />

4.40 1, Pukka Major (11-8 fav); 2,<br />

'Randolph Place'."(154); -3. General<br />

Chandos(8-1).4ran.; ; ■ ' ' '■<br />

5.10 .1,. Mystic Music (10-1T fav); 2,<br />

Nllanna (11-4). Only two finished. 4 ran.. ,<br />

. .5.40 1, Judges Fancy (14-1); .2,<br />

Mlnnehoma (4-1); 3, Rejo!nus'(12-1). Man<br />

• O fT heW est6-4fav.9ran.;<br />

Thirsk<br />

2.15 1, Norton Challenger (10-1);. 2,<br />

Playful Poet (9-4);. 3, Katyrs U d (10-1).<br />

Mountview 6-4.fav, 6 ran. • 1<br />

: 2.45 1, Bollln Patrick . (6-4 . fav);, 2,<br />

Megan's Flight (9-2); 3, Flyaway (11-1). 10<br />

ran. .<br />

3.151, Braiswick (13-2); 2, Terlmon (10-<br />

1); 3, Travelling Tryst (8-1). Jungle Pioneer<br />

Evens fav. 6 ran. ■ ' .<br />

: 3.451, Nabeel Dancer (10-1); 2, Homo .<br />

Sapien (9-1); 3, Perion (11-8 fav). 13 ran.<br />

'... 4.151, St Nlnian (9-1); 2, John Bowles'<br />

(4-6 fav); 3. Adjriyna (11-41.13 ran. '<br />

■ 4.451, B eaucadeau (9-2); 2, Kantra (10-<br />

1); 3, Bollln Zola (2-1 fav). 8 ran . ■<br />

5.15 1, Maridana (7-4 fav); 2,-Homely<br />

Touch (5-2); 3, Penny Candle (10-1). 13<br />

' ran. '<br />

Stratford<br />

: 2.151, Little Chanter (3-1);;2, High Bid<br />

4-6 fav); 3, Travel Music (33-1), 9 ran.<br />

2.451, Qeneral M erchant (4:1); 2, Walk<br />

CALL 0898 168 +<br />

THE COURSE N" BELOW'<br />

‘ Live Commentaries<br />

Fast Results<br />

Edinburgfi-' ,<br />

: Folkestone .<br />

. Nottingham ,<br />

Roscommon<br />

: Ante Poste '<br />

Daily Highlights<br />

Racing Wea<strong>the</strong>r .<br />

T IM E F O R M<br />

Raceview.<br />

F U I A R E S U U S<br />

.0898 168 .<br />

G R E Y H O U N D S<br />

BAGS results'<br />

Prev. &'Eve. Results<br />

London<br />

Provincial<br />

105<br />

.157<br />

127<br />

149<br />

121<br />

169<br />

166<br />

122<br />

168<br />

103<br />

102<br />

104<br />

MOB<br />

158<br />

•128<br />

' Calls charged ar 2Sppermin. cheap rare.’<br />

3Sppe rm tn .a ta ll o<strong>the</strong>r nmesini:. \'AT.<br />

In Rhythm(7-1);3,Lawley(11-8fav).7ran. ■■<br />

I 3.15 1, Rlngyboy (11-4): 2, All Mourad<br />

(16f1); 3, Imperial Flight (11-10 fav). 14<br />

ran. . : ... • "<br />

3 .4 S i, S ee You There (14-1); 2. Should<br />

Never Be (7-2). 3; Bumbles Folly (2-1 fav).<br />

7 ran.. ■ . ■<br />

4.15 1, CalabrsM (13-8 fav); 2, Artie<br />

. Baron (5-1); 3, Lobric(6^1). 13 rah.<br />

4 .4 5 1i Bee Garden (11-1); 2, Iowa (50-<br />

1); 3, Knockerra (3f1). Broad Beam 9-4<br />

fav. 8 ran. •!' ,\<br />

5:15 1, Wiltshire Yeoman (10-1); 2, A<br />

■' U d Insane (12-1); 3, Run Of Weld (12-1);<br />

' 4, Rlbobelle (11-1). Ardbrin 7-2 fav. 18 ran.<br />

NR: Beaulieu Bay, Carogrove. • -<br />

Bangor .<br />

2.0 1, Flair Mesh (6-1); 2, Deep Flash<br />

(11:8.fav); 3, Red Rambo (20-1). 13 ran.<br />

v NR; L J ’S Parrot, The Big Wheel.<br />

2.35 1,.Au Bon (8-11 lav); 2, Nom Da<br />

Fort (10-1); 3, El-Em-Bee (20-1). 10 ran.<br />

3.101, Wingspan (2-1); 2, Willsford (6-4<br />

fav); 3, Flngest (13-2). 9 rail. NR: No<br />

. Ransom. ;■ •.• •• ■ . . -<br />

3.45-1, Birilnn'Jaett!(11-4); 2, Bishops<br />

■ Yam (8-11 fav); 3, Covent Garden (40-1). 7<br />

ran. NR: Brtinde'an Breeze. . •'<br />

4.20.1, Miss Nero (4-1): 2. U rchm ont (9-<br />

: 2); 3, Gilt Future (10-1 J.'Cliffalda 9-4 fav. 12<br />

ran; Dudley's S ta r., ■ i:<br />

4.50 1, Man O’Maglc (13-8 It-fav); 2,<br />

New Halen (11-2); 3, Spartan Chief (50-1).<br />

Fandango Boy .13-8 jt-fav. 9 ran.- ;<br />

. 5.201. Es-Port (11-8.fav); 2, Ardra Duke<br />

(14-1): 3 . -Fatu Hlva. (6-4), 10 ran.'NR:<br />

Tartan Tabard, Grecian J o s . .. ■<br />

Leaders on!<br />

<strong>the</strong> Flat<br />

TRAINERS<br />

;• -.i. lfl -M " W jhtiiH ;*ute<br />

J Berry ' . ‘ 13- 7 - 5 ’■ 3 ’.+15,03<br />

M H Easterby . 6 ' 2 . 7 1 •-7.80-<br />

' P Walwyn - 5 3 .O*; • 1’ +.1.66-<br />

BHanbury ; ’ • '5 : 4 1 2 ' 1 • * -:63‘<br />

Denys Smith • 4 ;2 1: . 2 ;+4.75<br />

MrsRamsder» .4 . 3 - 2 4 -1.67,<br />

M Brittain 4 v 5 .7 .1 1 . -11.50<br />

GHarwood 4 2 .0 ! • 2 ;. +<strong>10.54</strong><br />

JOCKEYS<br />

J Carroll<br />

R Cochrana<br />

Pat Eddery<br />

'M Birch<br />

J Reid ■ •<br />

AMunro<br />

M Roberts-<br />

B Raymond-<br />

12 4 6<br />

11 4 3<br />

11. 6 10<br />

9 ..4 ; ,7<br />

• 6 5<br />

■: 6 2<br />

6 3<br />

:: 5 ■ 4<br />

l& t . Ini *<br />

m o o t;: : iUb -.<br />

4 +16.03<br />

0 ‘ +7.39<br />

6 -15.87<br />

2., +16.40<br />

0 -. + 22.88<br />

7 14 +32.33<br />

4 10 -1530<br />

2 16 -.50<br />

Dancehallplan<br />

Dancehall, ;trairied by Andre<br />

Fabre,: goes’ for <strong>the</strong> goes: for1 <strong>the</strong><br />

Prix Hocquait and <strong>the</strong>n <strong>the</strong>-Prix<br />

du. Jockey .Club after beating<br />

stable companion Miserden in<br />

<strong>the</strong> Prix. Noailles at Longchamp<br />

yesterday. .<br />

The Prix de Fontainebleau<br />

w ent to. Kendor, France’s; lead-<br />

. ing two-year-old last season. He<br />

beat <strong>the</strong> 'Prix' Djebel winner<br />

Ocean Falls by half a length.<br />

NOTTINGHAM<br />

Selections<br />

, By Mandarin<br />

2.00 Castje Cary,<br />

i 2.30 Kaflcin. 1<br />

3.00 Sarah Garter.'<br />

3..3t) Take Issue.<br />

4.00 Belhomme.<br />

4.30 Ela Meem. .<br />

5.00 Vintage.<br />

By O ur Newmarket .<br />

CoiTespondent<br />

2.00 Fire Lady.<br />

2.30 Kissavos. ■<br />

3.00 ~<br />

■ 3.30 Temperable. .<br />

4.00 Belhomme.<br />

4.30 Helens Dreamgirl:<br />

5.00 Grecnhills Pride.<br />

By Michael'Seely • : •<br />

. 3.30 ROYAL ASTRONAUT (nap). 4.30 Helens Dreamgirl. 5.00 Vintage.<br />

The TimesiPrivate Handicapper’s top rating: 2.30 PUSSY FOOT.. , ■*.-<br />

Guide to our iii-line racecard<br />

1 103: (12) 0:0432 GOODTIMES 74 (CD,BFtF,G,S) (Mrs D Robinson) B Hail 9-10-0 ..........V D W ait (4); ; 88<br />

Racecard number. Draw in brackets. Six-figura<br />

' form (F - fell, p - p u lle d up. U -u n s e a te d rider.<br />

■ B - b ro u g h t down. S - slipped up. R ^ refused.'<br />

D r disqualified). H orse's nam e;' Days since-last -<br />

:outlng; ,J If jumps, . F : if. flat. ..v(B — blinkers.<br />

V - visor. H - hood. E - Eyesh:e!d. C - c o u r s e<br />

winner: 'D —distance winner. CD —course and<br />

d ista n c e w inner. BF — b e a te n -fa v o u rite in<br />

latest race). Going on which horse has won<br />

(F - f i r m , g o o d to firm ,-h e rd . G - good;}-<br />

S — so ft, go o d to iisoft, heavy). O w ner “ In .<br />

brackets., T ra in e r. A ge an d w eight. Rider<br />

Cl<br />

Hi lus a n y : a llo w an ce,<br />

landlcapper's rating..<br />

T he T im es. P riv ate<br />

Going: good to soft Draw: 5f-6f, high numbers best<br />

2.0 CANDLE MEADOW MAIDEN STAKES (3-Y-O: £1,54B:6f) (14 runners)<br />

•1 (11) ; CAREFUL LAO (AI^Deera Bloodstock Ltd) J Hudson 9 - 0 M R o b o ts —<br />

^ ' 2 (5) 00* COURT CHARMER 223 (T-Marshall) M U s h e r 9 ^ . . „ . . , , . , . . ......... J Kanntdy —<br />

3 .' (6) 300234 EARLY BREEZE 23 (N Gill) M McCour19^ . . . . „ . . „ . . . ; ; : „ . . , R Wemham<br />

5 4 (13); ' ' FALCOHWOOD (Miss M Sheriffs) J Tree SRaymont<br />

'5 (9) • ' PRECENTOR(Lord Weslbury) J Bo<strong>the</strong>ll .........................LDettori(5)<br />

6 (4) 43- YOU MISSED ME 193 (F Ward) D Arbuthnot » 0 ......:................ W R Swlnbum I<br />

7 (1) • '. O- BAJAH BREEZE 17.1 (Lady Juliet Oe Chair) C Wall iB-ll.i..........:......'.............. N Day<br />

8 (10) 0S042.2 CASTLE CARY 13 (BF) (A Aikln) M Bla'nshard 8-11..................................Pat Eddery<br />

9 .(3) ■ / ';-;. CUFTON GIRL (Mrs L Toiig)'K White 8 - 1 1 J William*<br />

10 ’ (7) 0530-.ECCOLINA213(M rsHHeinz)JDunlop8-11.;.........................W C arton<br />

11 ‘- (2) : : ; FIRE LADY (J Evans) W Holden 8 - 1 1 .m.'.........., ......... J Lowe<br />

12. (12) ;! . 4- FLOWERY 369 (Mrs j Corbett) B Hills 8-11 M Hills "<br />

13 (B) . 3 0 4 GINATA^14 (Mrs N Macauley) Mrs N Macaulay S-II............... A Proud :<br />

14 (14) 60? TRIP THE DAI8EY199 (P Deal) H Candy 8-11 W N ew net '<br />

98<br />

>99<br />

93<br />

>5<br />

94<br />

91<br />

80<br />

BETTING: 2-1 Castle Cary, 7-2 You Missad Me, 4-1 Rowory, 8-1 Falconwood,:12-1 Careful Lad; Early<br />

B reeze,16-1 Eccoilna,2W o<strong>the</strong>rs.<br />

1988: NO CORRESPONDING RACE . . .<br />

. £CCOLlNA failed to show on latest when 12th of 13<br />

to Skazka; earlier 3rd beaten 61 by Mrs. Jenhey<br />

P O R M EARLY BREEZE 6th beaten over 91 by<br />

’ Silks Princess (gawe .17lb)atKempton<br />

(6f, heap), YOU MISSEO ME stayed on when 3rd<br />

beaten 41. nk by Thomfield Boy (rec 51b) a t Ungfleld<br />

(60. CASTLE CARY, from a stable in top form. 2nd<br />

beaten 1 HI by Always Ready (gave 91b) at Leicester.<br />

(5f,hcap).- . , ..<br />

2.30 FELSTEAD CLAIMING STAKES (3-Y-O: £3,366:6f) (14 runners) ;<br />

' 1 (14) 06110-0 LETSBEONESTABOUTIT 21 (D,F) (Doublet Ltd) G Lewis 9 - 1 0 Paul Eddery<br />

..; 2 (10). 6 M TORIUS13 (B) (Q Darby) R Slmpsoii 9-6......'..........i ......... M Gallagher (5)<br />

' '3 (8), 423810-, KAFKIN171 (B ^,F )(J Palmer-Brown) M rsLPiggott9^...:...............:..... W Carton:<br />

4 (13) 428100- MELODY163(S)(JQillam)MHEaBterby9 - 1 . . . . . . . . . . . . ...;......... <strong>MB</strong>Irch<br />

5 (1) ' .0- BAR FLY 3 (RoldvaleUd) MW Easterby 8 - 1 0 . . . M HIIIs<br />

6 . (7). 400-2 KISSAVOS12 (H Stavrakls) N Callaghan 8 - 1 0 P it Eddery<br />

7 (6). 050550’ CAMSHAFT 195(KCordall)EEldln8-7..:..................................................C Pollard(7)<br />

8 ' (5), 13422-1-R08E OF HIGH LEQH19 (0,Q^)(BDurt JUST QO (Mrs S Easterby) M H Easterby M Birch —<br />

• .6 , (7) MISS MAO (M Townson) B McMahon 8


.38 SPORT THE\TIMES MONDAY APRIL 171989<br />

FOOTBALL: EVERTON RELIEVED AT NARROW VlbfORY AS NPRWICH FAIL TO RESPOND IN A SEMI-FINAL LACKING IN QUALITY OR IMAGINATION<br />

By Stuart Jones<br />

’ Football Correspondent<br />

' Everton................... 1<br />

Norwich City 0<br />

Events at Villa Park, which<br />

had ' been expected to be<br />

overshadowed by those at<br />

<strong>Hillsborough</strong>, became in > <strong>the</strong><br />

end lirrelevant. Never in <strong>the</strong><br />

history of <strong>the</strong> FA Cup can <strong>the</strong><br />

celebrations of <strong>the</strong> semi-final<br />

winners; , have been more<br />

muted; never can <strong>the</strong> triumph<br />

have been more empty. ■<br />

/.. Iii <strong>the</strong> words o f Colin<br />

Harvey, <strong>the</strong> Everton manager:<br />

“We came off full of, <strong>the</strong> joys<br />

of spring and <strong>the</strong>n we heard<br />

<strong>the</strong> terrible news.”<br />

■ Nevin,' <strong>the</strong> central figure iii<br />

<strong>the</strong> narrow victory,: described<br />

how<strong>the</strong> noiseof <strong>the</strong> dressing-<br />

' repm - was instantly cut “and<br />

<strong>the</strong>n <strong>the</strong>re' was an awful<br />

silence”.. ■' /<br />

. An afternoon which had<br />

been filled with balloons, in­<br />

flated canaries, laughter and<br />

goodwill on <strong>the</strong> terraces was<br />

almost immediately erased<br />

from <strong>the</strong> memory. Even under<br />

happier circumstances, <strong>the</strong> tie<br />

itself, though as colourful as<br />

usual around <strong>the</strong> perimeter,<br />

would not have left a deep and<br />

’ lasting impression. .<br />

Norwich City, whose style<br />

had been painted so unexpect­<br />

edly. vividly across <strong>the</strong>i season'<br />

until a few weeks ago, were<br />

pale by comparison. Unable to<br />

concentrate on anything else<br />

since <strong>the</strong>y; qualified',for <strong>the</strong><br />

senii-final, <strong>the</strong>y were ' in­<br />

capable of responding when<br />

<strong>the</strong>y eventually arrived.<strong>the</strong>re. ^<br />

Fleck, whose fa<strong>the</strong>r died on<br />

<strong>the</strong> eve of <strong>the</strong> match, and <strong>the</strong><br />

■ injured Phelan would ddubt-<br />

less have lifted <strong>the</strong>ir challenge<br />

■ <br />

errors and particularly •<br />

throughout <strong>the</strong> early un­<br />

nerving stages.'<br />

,. Allen,'who was eventually<br />

: to! be withdrawn, threatened .<br />

only with an overhead kick<br />

/; which! was directed straight at<br />

. Southall. Rosario was' no<br />

more effective. He missed <strong>the</strong> ;<br />

, one free header offered to him ..<br />

y Dave . Stringer, his manager,<br />

generously, blamed <strong>the</strong> blind­<br />

ing sunlight which was shining ■<br />

in. his eyes.<br />

Crook, though he was<br />

responsible for most'/of Norr :<br />

wich’s productive ideas, was<br />

not as forceful an influence as'<br />

Phelan, ■ <strong>the</strong> missing captain,<br />

would. have been. ■ Norwich<br />

were consequently waiting for<br />

'something: .to occur ra<strong>the</strong>r<br />

than making, it. happen.. It<br />

, never did,1 even afterv <strong>the</strong><br />

introduction of Fox.<br />

Everton were positive only<br />

in <strong>the</strong> closing 20,. minutes]<br />

Sheedy arid Steven, previously<br />

employed in midfield ;• prin­<br />

cipally-as protective. guards; .<br />

<strong>the</strong>n moved forward more<br />

freely. Ori three occasions<br />

Cottee, preferred, to Clarke,<br />

might <strong>the</strong>n have extended a<br />

lead -which' had been givento<br />

<strong>the</strong>.m in <strong>the</strong> 26th minute, ;.■•■•'■.'<br />

It was: a . scrappy' affair,<br />

typical of <strong>the</strong>; nature of a game ■<br />

disappointingly; , lacking. :in;<br />

quality^/ Crobk,in; attempting<br />

toclecir,;sliced.a;cross.against;<br />

His own toar. Sheedy ' nudged<br />

<strong>the</strong> rebound against a post and<br />

Neyin, <strong>the</strong> brightest spark on<br />

viewinei<strong>the</strong>rline-up.prod-i<br />

ded in <strong>the</strong> winner. • : ?,/- \ 5<br />

S.tririger''. dismissed symr<br />

; pathy offered to Norwich, who<br />

have, been left with nothing<br />

tangible;;|tp;j!show^for<strong>the</strong>ir:<br />

contributions to <strong>the</strong> ch^mp-; 1<br />

ioriship; raceVandbto^<strong>the</strong>^^FA/<br />

Cup. “We’ve; still-got 18<br />

League points to. play for,” he<br />

said,. “arid'we’ve played ,well.;<br />

so fan So : we' have 1 achieved1<br />

something this season.” ■ '■ <<br />

Harvey was relieved to have1<br />

avoided' an. equally blank ho­<br />

rizon. Although Everton are in<br />

<strong>the</strong>firialof<strong>the</strong>SimddCup, he<br />

conceded that: “A 'club like<br />

this has to :be at: <strong>the</strong> forefront<br />

of <strong>the</strong> first division; and iil:this •<br />

competition. It would have;<br />

been a big disappointment<br />

had we inot . reached Wein-<br />

bley.” ; -'• *. .- :<br />

/ But This delight, was. in*;<br />

evitablytemperedby<strong>the</strong>trag-<br />

edy at'<strong>Hillsborough</strong>. ’•; :'<br />

EV^RTON:.N Soulhali; N: McDonald,; P '<br />

Van den.Hauwe,:K Ratcliffe; D W atson; P-<br />

Bracewell.P Nevin.'-TSteveni G Sharp, A1<br />

Cottaei K Shaedy.';. : t /<br />

NORWICH CITY: B Gunn; rculvertious0,'<br />

M Bowen;,l:Butterworth,'A Unigtian;'A.‘,<br />

Townsend; D Gordon,’ M Allan (sub: R<br />

Fox), R Rosario.'l Crook, T Putney. • •. i •<br />

Referee: G CourtnBy. i /. ■/ / V . /<br />

Footttair arrests<br />

Berlin (AFP) —,‘Police made; six<br />

arrests/after breakingup'fight-:.<br />

ing between 600 supporters/ in -<br />

<strong>the</strong> : city, centre after a ■ West<br />

German second division: niatchv<br />

between Hertfcia, Berlin . and<br />

Schalke here on Saturday. : .<br />

; MARC ASPLAND<br />

Getting in a tangle: It is all arms and legs as Rosario (left), of Norwich, and Watson, of Everton, battle at Villa Park<br />

I f P h a s f l^ a n e is t ^<br />

defiant<br />

outlook<br />

; ; By Vince Wright<br />

West Ham United.......<br />

Southampton..<br />

By Dennis Signy<br />

'Chris Nicholl, <strong>the</strong> Southampton<br />

manager, found tim e. to :,com­<br />

miserate with West Ham after<br />

<strong>the</strong>ir ; defeat which virtually<br />

condemned <strong>the</strong> east Londoners<br />

to <strong>the</strong> second division ' next<br />

season;-“I am sorry to see West<br />

) Ham': in this position, because<br />

<strong>the</strong>y are/a ' classic foo.tballing<br />

team,’’ he said. : ■;<br />

: jNicholl,''However, was glad to<br />

see Southampton ease <strong>the</strong>ir own<br />

relegation; worries with <strong>the</strong>ir<br />

seco'rid win iri 24’ matches. They<br />

wereluckytobeplayingasideas<br />

dispirited as West. H am ," for<br />

whom little has.gone right since<br />

<strong>the</strong>y lost'4-0 at Southampton on<br />

<strong>the</strong> opening day of <strong>the</strong> season,<br />

and <strong>the</strong> mood airiprig <strong>the</strong>ir sup- .<br />

porters is orie'of resignation,,<br />

Despite1 being 10 points be­<br />

hind '.'-<strong>the</strong>." seventeenth club,<br />

Charlton : Athletic, and -with<br />

away games' at 'Liverpool: and<br />

Nottingham .' Forest, to come,<br />

John- Lyall, <strong>the</strong> W est: Ham<br />

. manager, is not throwing in <strong>the</strong><br />

towel. “We will riot: accept we<br />

are down until it' is ma<strong>the</strong>mat-<br />

ically impossible for us to stay<br />

up,” he said. ./’ :.V<br />

Adepressinglylong injury list -<br />

has made West Ham’s-task even<br />

more, difficult. ; Stewart,' Gale,<br />

Martin, Devonshire^ Strodde'r,-<br />

Robson, arid-- Kelly- ' were all<br />

sidelined against Southampton,<br />

and Dicks • was /suspended.\,<br />

Bra'dy'and Dickens joined <strong>the</strong><br />

walking wounded by receiving<br />

- knocks which' 'led 'to /.<strong>the</strong>ir,<br />

withdrawal. ............. " V .<br />

Giyeri <strong>the</strong>ir predicament, <strong>the</strong><br />

last thing West Ham needed was<br />

to/ concede an early goal, yet -<br />

Southampton scored in 33 sec-;<br />

onds; Cockerill breached West<br />

Hairi’s square defence with an<br />

excellerit through pass and Rod- !<br />

riey Wallace .did <strong>the</strong> rest.<br />

/ .McAverinie, yet to score on<br />

his .return to. Upton Park, and<br />

Dickens went close before. Bra-<br />

dy’s penalty levelled matters .in :<br />

<strong>the</strong> 25th' minutev Osman having;<br />

needlesslyhandled.^Awaming<br />

from ;Danhy Wallace,/ whose<br />

shot forced Parkes into a good<br />

•save on <strong>the</strong> stroke of half-time,:-<br />

went unheeded by West Ham .<br />

and Rideout’s ..textbook- header<br />

from Home’s centre six riiiriutes ;<br />

; after, <strong>the</strong> interval proved’ to be<br />

’’ <strong>the</strong> winrier. .;./<br />

/ Only tHe vigilance of Parkes, .-.<br />

th e : veteran -goalkeeper. / pre-<br />

. vented : niore Southampton<br />

goals as West Ham wilted in <strong>the</strong> :<br />

spring, sunshine.' Danny and<br />

Rodney ; Wallace, particularly,<br />

should have made, more of <strong>the</strong><br />

freedom <strong>the</strong>y were given. :<br />

WEST HAM UNITED: P Parkes; G Parris,’<br />

K Keen, S Potts; P Hilton, A Dickens (sub: -‘<br />

S' ’Slater),; M- Ward; F McAvennje. L<br />

Rbsenior.- L- Brady (sub: T McQueen), P-<br />

Ince:’ • ; . , ■' , : ■<br />

SOUTHAMPTON: J Burridge; Ray, Wal-<br />

laco; M, Adams,- J , Case, K Moore, R<br />

Osman', Rodney Wallace;.G.Cockerill;’P<br />

Rideout, B Home', O'Wallace. ’<br />

Referee: K:Cpoper:-.- :-: <<br />

Trophy final<br />

is a repeat<br />

of <strong>the</strong> first one<br />

By Paul Newman ■ y<br />

The FA Trophy final next<br />

month; will .be a repeat of <strong>the</strong><br />

first final, in: 19.70. In <strong>the</strong> second<br />

legs; of/<strong>the</strong>ir, semi-finals on1 ■<br />

Saturday, /Macclesfield Town<br />

won at home to Dartford (4- :<br />

1 .on '-aggregate) ,and Telford<br />

United .. won „ 3;0, at home to<br />

Hyde United (4-0 on aggregate).<br />

In front o f a crowd o f 4,000,<br />

Dayidson gave Dartford <strong>the</strong><br />

lead ' after.; half an hour, but<br />

Macclesfield /replied with , three .<br />

goals before-<strong>the</strong> interval by Burr '<br />

(2) and. Askey: Timmons corn--<br />

pleted <strong>the</strong> victory in <strong>the</strong> second ;;<br />

half. Telford, watched. by a ,<br />

crowd o f 3,729, took <strong>the</strong> lead .<br />

through -McKenna,, after ,35<br />

minutes, and added . . fur<strong>the</strong>r<br />

goals by Stririger -and' Nelson, 1<br />

after <strong>the</strong> interval. ,;;;;/-<br />

The final could 'threateri th e .<br />

record ' Trophy attendance bf<br />

32,000. ;A crowd o f 28,000 ;saw<br />

•Macclesfield wiri.240 in <strong>the</strong> 1970 ;‘<br />

final: • • • '<br />

Queen’s Park Rangers.. 0<br />

M id d le s b ro u g h 0<br />

;/ Since Richard Thompson, at 24-<br />

•• <strong>the</strong>! yourigest 'chainnan .in <strong>the</strong><br />

• Football League, succeeded <strong>the</strong>.<br />

■ late David Bui strode at Queen’s<br />

. Park/' Rangers, : <strong>the</strong>. corporate<br />

directors have appointed Trevor<br />

Francis as player-manager. and<br />

, invested more than £2' million-<br />

. on players with : a view to<br />

‘mounting a championship chall­<br />

enge riext season. : / ■ /■;'■>.;/<br />

: A fur<strong>the</strong>r progressive step is<br />

' anticipated/this week with an<br />

announcement that Rangers is.<br />

: to be bought'arid separated from "<br />

/ <strong>the</strong> property, developmerit cbm-<br />

pany that purchased <strong>the</strong> club'<br />

from' Jim . Gregory for' £5:8<br />

;' million two years ago. / : . - V.-:<br />

'/Neil; Kjnnock, ..<strong>the</strong> :leader ’of:,<br />

■ <strong>the</strong> O P P o s itib n , wasja ;guest' at<br />

this m a t c h o f t h e only c iu b 'in ith e<br />

League to have; built four riew ,<br />

(concrete and steel stands in-.<strong>the</strong>'<br />

.past 20 :years,,a family-ori­<br />

entated club that has success­<br />

fu lly ' resisted : fencing. in<br />

supporters. . '-./■. i<br />

. -In view .of Kinnock’s: yisit<br />

and/all <strong>the</strong> 'off-field. activity; it-<br />

was. unfortunate that Rangere,.<br />

who ;Had ■ climbed from <strong>the</strong>/<br />

; relegation' area with ■ only one<br />

defeat, iri,nin e gairies, should<br />

p ro v id e a/ sub-stan'da:rd;<br />

perfonnance. \<br />

.The 1,500 froin Middies*<br />

: brough in .<strong>the</strong>: .10,347' crowd' saw!<br />

<strong>the</strong>ir,team neglect'a chari’ce b f all<br />

three; . points; through missed<br />

chances. 11a fte r !' i i ' ? sp irited<br />

display.Hyeri so, <strong>the</strong>y,' too,;;are<br />

almostclearoflirigeringdoubts<br />

about.retairiirig-firstdivision-<br />

5 iatus.', ; -'V . j;; g- j % ^ - /<br />

'^ Francis/ expressed his.-dis-<br />

appoiritmerit; .byj accusirig/'.'his !<br />

side of lacking ’ a . passion. /He/<br />

said his attack was non existent<br />

and 2 criticised (a poor ■ defensive,<br />

display/in <strong>the</strong> first half that led<br />

tb <strong>the</strong> substitution of McDonald;<br />

soon after <strong>the</strong>. interval. ■ . ■<br />

; Fraricis called his players' iri:<br />

; for,extra trairiing yesterday w ith'<br />

<strong>the</strong> words “A few more) perfor­<br />

mances like that! and'<strong>the</strong>re is a<br />

risk of iis going :down. I don’t<br />

think we are clear; I: thirik our'<br />

players think we are. Too many-<br />

think<strong>the</strong> work isfiriishedfcr th e '<br />

Season'as we'haye;40 points:” ;<br />

■ - Francis told? <strong>the</strong> players he<br />

- would nbt be happy, untirhe.got;<br />

a sidecapableof challerigingfor<br />

'<strong>the</strong> champibnship. “We' are not<br />

good eriough,” he said.; ’: ,<br />

QUEEN'S PARK RANGERS:;D Seaman: J<br />

Channlng;'.M Dennis, P Parker,-, A Me-.<br />

Donald (sub:W.Fereday);N Spackman.M<br />

•Allen, M Falco (sub: M Stein),: C Clarke, P<br />

Reid, A'Slnton.;'J .'<br />

Celtic roar<br />

towards<br />

By Clive White<br />

.MIDDLESBRDUGH: K .PoolBrG'Parkln-<br />

-son, C Cooper, T.Mowbray.'M Proctor; G'<br />

ballister,"• B , Slaven,.' Av'Kemaghan,'-S<br />

'Ripley, M Burke„G Hamilton.'.,.a ^;<br />

Referee: M D Reed. : "<br />

By IanRoss<br />

: Blackburn ;Rovers:L!f.:..^ 4<br />

Manchester City .......... 0<br />

: Manchester City riiust be ex­<br />

tremely. relieved /that a-seasori,<br />

which' has contained elemerits o f'<br />

both footballing/splendour and<br />

grand farce is nearing its end.<br />

Any neutral stumbling;. into /<br />

Ewood Park on Saturday would<br />

have-been forgiVeri. for-thirikirig<br />

: that City were, a side contend ,<br />

plating relegation to <strong>the</strong> third.<br />

divisiori .ra<strong>the</strong>r than promotion<br />

tb <strong>the</strong> first. , .” './<br />

/ Although <strong>the</strong> club’s return , to<br />

a place of prominence in English<br />

: football is still all • but ^assured /<br />

despite this'humiliatingdebacle,' ’<br />

it- is difficult-to imagine/that a<br />

youthftil team so: often'feted;fbrV<br />

'.its;? skill■‘arid;/r&blve-jwll'eve^<br />

again produce a perfonnance of<br />

/ such irieptitude. . ■ ; , :!;;/./,vr;'<br />

; Despitehissuccess'infashiori-<br />

irig aVside; which/is,'bri its/dayj<br />

- more than capable o f Holding its ■:<br />

bwri iri even <strong>the</strong> fnost illustrious<br />

■ of- coriipariies, .Mel . Machiri . is<br />

stillidisliked; by a section o f <strong>the</strong><br />

City supporters. '/ ,-. ;/<br />

.' The bone' of; cpntentiori/be-'<br />

tween: <strong>the</strong> manager arid <strong>the</strong> mari<br />

bn .<strong>the</strong> terrace is: <strong>the</strong> merit,’of.■<br />

;|VIbulden,';a prolific aind proven<br />

goalscorerwho is Istill' unable to<br />

command1, a • regular first-team'<br />

place: . •: > ■■•■■,; I<br />

;■ Moiilden did make an appear- ■<br />

ance as a secbnd-half substitute<br />

but ;by, th’eifi',;Gity> were^already<br />

iVtwo gb'alsadHftyndiiia state of:<br />

. disarray.' ■.<br />

, After :Kennedy ^ had - side-;'<br />

footed home -from 'close range/<br />

after ‘severi minutes',' Gamer’<br />

- cpllected<strong>the</strong> first of his superbly V<br />

executed / treble shortly. / after-.<br />

wards..He added fur<strong>the</strong>r goals iri'<br />

<strong>the</strong> 73rd and: 76th'minutes. ' /.<br />

BLACKBURN-; ROVERS: ’ T iGenrioe: M<br />

.'Atkins; CSulley, N Reid, C.Hendry,-D Mail,<br />

H Gayle, J. Millar,"A Kennedy, S Gamer, S<br />

Sellars. ' ' . •'<br />

MANCHESTER CITY: . P C ooper;, G<br />

■.Taggart, 'A , Hlnchcliffe,: B.,Gayle, G<br />

'M egson.'SRedm ond, D/White,TMorley,'<br />

D.OIdfleld. N McNab. W- Biggins (sub: P -<br />

• Moulden).' . • ■• .<br />

/ Referee: K Hackett: ; - ,'.<br />

By Roddy Forsyth<br />

Celtic 'will defend- <strong>the</strong>/Scottish<br />

Cup at Hanipden Park on May<br />

' 20, th a n k sto ‘ a n ; exhilaratirig<br />

•.display in yesterday’s 3-1 semi­<br />

final. victory over -Hibemiari;/<br />

.’whose hopes were, virtually fin­<br />

ished^withiri half an hour of <strong>the</strong>;<br />

• kick-off.' M<br />

' . Although ' <strong>the</strong> Celtic - full<br />

; backs, Rogan and Morris,- were<br />

. unfit to1 play — Grant and Bums<br />

deputized. — it was <strong>the</strong> ; Hibs,<br />

; deferice that proved' vulnerable.<br />

After four, m i n u t e s McCarthy ■<br />

■ rose: to. Head past. Goram from-<br />

. Stark’s comer kick.<br />

... Fifteen -minutes; later,, Celtic’s<br />

1 iriipressive ;riovice, Fulton, •<br />

■ surged along <strong>the</strong> left for a cross<br />

that found Miller, who released<br />

McGhee for a close-range scor- 1<br />

ing drive. In ano<strong>the</strong>r 'severi<br />

minutes, Walker converted Ful-<br />

1 ton’s square.ball, again from <strong>the</strong><br />

; left./"' ; ' :'.--<br />

• Hibernian 'responded with<br />

<strong>the</strong>ir best football o f <strong>the</strong> match<br />

an d '. Archibald -scored ' iri <strong>the</strong><br />

52nd minute; b u tr. his ; tearii-;/<br />

riiates .lacked !<strong>the</strong> guile required ;<br />

-to overhaul Celtic’s lead. ( /<br />

/ By /contrast, Rangers. strug-<br />

'gied .against, St - Johnstone iri a<br />

^goalless; semi-firialat.Parkhead<br />

ori Saturday arid rriight have lost<br />

I •;, Graeme Souness, <strong>the</strong>. Rangers<br />

/manager, may find himself in<br />

trouble with <strong>the</strong> Scottish Foot­<br />

b all Association; who! recently<br />

■banried him frbm <strong>the</strong> dugout or .<br />

around <strong>the</strong> tunnei. He twice left'*'<br />

<strong>the</strong> stand for <strong>the</strong> tunnel to<br />

convey instructions to his assis-<br />

tanti Walter Smith; in full view<br />

of <strong>the</strong> SFA secretary', -Ernie'',<br />

.'Walker., / ; /' •; V. \<br />

Arsenal........................... 1::<br />

; Newcastle U nited;0:<br />

; Arseriai. regained <strong>the</strong> leadership<br />

! of <strong>the</strong> first: division at Highbury<br />

on : Saturday .but <strong>the</strong>ir' perfor-<br />

iriance was hardly <strong>the</strong>. stuff .Of'<br />

potential champions. No one'<br />

regretted <strong>the</strong>ir lack of style more<br />

than <strong>the</strong>ir ' manager, George<br />

Graham, who seemed to ; have<br />

resigned himself to <strong>the</strong> fact that'<br />

if Arsenal are to win <strong>the</strong> title this.<br />

7 season, <strong>the</strong>y w li haye to do it by<br />

scrappirig in'a similar fashiori.all. /,<br />

<strong>the</strong> way to <strong>the</strong> finishirig line.<br />

“Hopefully, next time .we’re<br />

i <strong>the</strong>re at, <strong>the</strong> topi,;' maybe next<br />

: ;season,: we’ll..play' a bit more, '-<br />

/ quality / fbotball,” he said. “It<br />

. w as..a very nerypus -.perfor-;;<br />

mance. That’s why;we will keep<br />

nibe and Slim watching that.”<br />

Much more of that kind of<br />

display and'Graham will finish<br />

lip suffering from anorexia<br />

• and <strong>the</strong> rest o f us from acute<br />

boredom. .Had Newcastle not<br />

' taken-four points off Liverpool ■<br />

■ this ( season,., one would have<br />

attempted to say that <strong>the</strong>y were<br />

<strong>the</strong> . kind of opposition ; that<br />

; Liverpool disiniss easily. ; : ;, '■<br />

, To be.fair, Arsenal might have<br />

had/three goals in <strong>the</strong> first half<br />

. wheri <strong>the</strong>y - w ere! at1; <strong>the</strong>ir least'.<br />

meriaci'ng:: Orily a superb blbck--<br />

. ing tacklejby./McCreery .denied<br />

R ich ard son a goal, o n ly<br />

Roeder.’s • acrobatic ■ overhead:<br />

kick kept out a Marwood ;<br />

.. header,/and'.'only; John ;Martiii<br />

knows why yoii never award a :<br />

penalty for a foul by Kristerisen<br />

on Marwood. ./<br />

■ . Arsenal’s new sweeper system ■<br />

had to ! be shelved after 19<br />

. riiinutes when O’Leary twisted<br />

an ankle which looks as though<br />

it. will keep him. put of tomor­<br />

row’s match at ; home to<br />

Wimbledon. As against Everton<br />

ja st week, .<strong>the</strong> arrival of Merson<br />

, provided' Quinn with a ; close<br />

ally. However much Graham<br />

. arid Quinn,himself iriay feel that<br />

■his ground skills haye.imprOyed<br />

it is <strong>the</strong>..6ft 5inwhich i God' gave<br />

hirh which remains his greatest:<br />

asset. ' •• • ■' '-• ■ /■■ '<br />

. / Even Graham had to'concede<br />

that- “we looked good” when<br />

.•Arsenal: reverted to a flat back<br />

four. While I. appreciate .that <strong>the</strong> /<br />

sweeper system allows <strong>the</strong> full­<br />

backs to be more adventurous,<br />

.<strong>the</strong> 'drawback is that Arsenal,,<br />

like many English clubs, do'not.<br />

have a.player capable.ofutiliz-<br />

ing' th e : role pf^'/Zierp . to. /its<br />

maximum' &'-s'avdi^S3ve.''inds‘<br />

offensive .measure. Newcastle<br />

had someone better suited in <strong>the</strong><br />

versatile Roeder,' rejected as a<br />

schoolboy by Arsenal. iV-'-j.j.--1;-..-.,-<br />

lip front, though, -Newcastle<br />

were woefully inadequate.<br />

Arsenal scored iH -<strong>the</strong> seven­<br />

tieth minute after’Sansoiri-had<br />

cleared . bff -tHe line/ from<br />

Richardson: With Newcastle on:<br />

<strong>the</strong> retreat, Rocastle delayed his<br />

through pass to Thomas but <strong>the</strong><br />

move eventually got underway<br />

and.: was. ^ finished off b y<br />

Marwood.' ;; 'V.;-<br />

■ARSENAL: :J ,' Lukic; t Dixon,' N<br />

•Winterbum, M Thomas. D O'Leary (sub: P-<br />

. Merson), A Adams, D Rocastle, /K<br />

Richardson,,. NQuinn, S Bould, - B<br />

Matw9od. ,<br />

NEWCASTLE UNITED: G . Kelly; B<br />

Kristensen, K Sansom, D McCreery, K<br />

Scott, G'Roeder, J Hendrie;: F Pingel (sub::<br />

R McDonald),: A': Thorn,' M O'Neill,' P<br />

Sweeney (sub: D Roche). ; .<br />

Referee: J Martin. , ' ..■/,'.<br />

WEEKEND FOOTBALL RESULTS AND TABLES<br />

FA Cup<br />

Semi-finals<br />

Everton : 1 Notwlch<br />

(Villa Park)<br />

Liverpool 0 NottinghamF .0<br />

(Hlllaborough)<br />

(abandoned after aut minutes)<br />

Barclays League ;<br />

First division ^<br />

Arsenal / 1 Newcastle 0<br />

Luton 2 Coventry 2<br />

M anchester Utd. 0 Derby : 2<br />

QPR 0 Middlesbrough > 0.<br />

W est Ham 1 Southampton 2<br />

Wimbledon 1 : Tottenham . ■ - \ :2<br />

SiBcond division ‘>-7^ / v.\'<br />

Barnsley. : /'OBirmingham, 0<br />

Blackburn, ■ : .-4 ManchesterC/ .0,<br />

Bournemouth / 0 Stoke ■ 1<br />

Bradford,.2VIpswich' . '2<br />

C Palace ' 2 - Portsmouth , . , 0<br />

Leeds / 1 . Brighton^ 0<br />

Leicester/ \ ; : 2 /Chelsea .: 0<br />

Oldham . . . 2 \ Sunderland . 2<br />

' Shrewsbry-.; : > 2 ’ Oxford - v . .2<br />

Swindon .... :1/Watford- ' / 1'<br />

Walsall' ■;■/•". ;/..V Huil/r<br />

West Bromwich 2 Plymouth! - 2<br />

r HOME J- AWAY'.-:<br />

R W D L F-A .W D L F A1 Ph<br />

Chsius ' 4112 .6 ,24423 13 -5 34010 8.<br />

39 9 6<br />

.3813 2<br />

.40 'B-6<br />

41 9vB<br />

41 8 9<br />

.4011 6<br />

, 41 9 5<br />

*40 ’10 6<br />

41 9 ’5<br />

40 '9-7;<br />

40 B 3<br />

: 41 212<br />

33521<br />

32919<br />

556.17<br />

24021/<br />

*33826'<br />

:33722:<br />

44421 :<br />

33018<br />

43521<br />

32814<br />

72322<br />

'33423'<br />

32713*<br />

43219<br />

73029<br />

54024/<br />

,72930,<br />

32924'<br />

9232B<br />

62332<br />

9 5 7 3431 69<br />

.7 7 631,27,68<br />

4. 9 72228 67<br />

4_5i 1l 33® 59<br />

6 6 82830 58<br />

4 3132334 57<br />

3 21514 39 54<br />

3 6102233 53<br />

5 ' 51015 32 53<br />

2/612-12 31V53'<br />

5 7.;72323,:’52 •<br />

3 71124 37 '51<br />

211 82329 50<br />

1 6121130 48<br />

4 4 121638 4B<br />

3 21422 39 47<br />

4 3131640 47.<br />

3 ;315 20 51 46<br />

3;B 92039 *44<br />

4 6112132 36<br />

GlM Vauxhali Conference:, : '<br />

Boston<br />

Cheltenham ;<br />

Chortey,<br />

Enfield ..<br />

Kiddernilnster<br />

Northwich: .<br />

Wycombe<br />

Yeovil - -<br />

Stafford<br />

Kettering<br />

R sh e 'r.:.<br />

Sutton Utd<br />

W elling'<br />

Weymouth<br />

AltHncham<br />

B arret •"<br />

Farnborough'' 5;. Croydon '1; Hayes .1,<br />

Leytonstone-llford 0; Hendon 1, Dulwich<br />

■ 1; Leytori-Wingate 0, Wokingham 1; ’S t '<br />

: Albans 1, Barking 0;Tooting'and Mitcham<br />

' 3, Bishop’s:Stortford 2; Windsor arid Eton<br />

1,. Marlowis; First division:- Bracknell:2,<br />

Metropolitan Police 3; Chailont St Peter-1, .■<br />

■ Woking- 3 ; Collier, Row-1...Chesham':3;'-:.<br />

Hampton. ■'1, ‘Wenible'y "0; .Hitchin- '2(<br />

Borenam Wood 0; Kingsbury 1," Walton<br />

,BEAZER.;HOMES: LEAGUE: Premier di- ,<br />

vision:- Bath.5,,Burton ;1; Crawley 2,i VS ,<br />

'.Rugby 4:''Dorchestet'4; Reddltch ,1; Dover'<br />

HOME -<br />

PW D L FA<br />

KetterHo 3715 1 23414<br />

AWAY -<br />

W D t F A Pt» -<br />

-7 6-62022 .73<br />

Malditons 3510 ;5 3 4121 11 4 2 40 22. 72<br />

Wycombe 36/9 6 4 3425 9 4. 43022. 64<br />

Runecm 3611 2 4 38 19 8 4 7 37 30 63<br />

Kldmimtr 36 9 4 4 2624 10-2 7 3425 63<br />

Boston .35- 9 3 5 3027 8/5 5 2022 ;59<br />

Mcclttlld .34 9 4 5 2923 .7 .4 5 2325 56-<br />

Bamat 35 10 2. 634 27 6 4 7 23 33 54<br />

.Walling .36 7 6 52614 6 5 71725 50<br />

Northwleh 36 7 4 6 24 24 6 6 7 32 31 49<br />

Yeovil .36 7 5 7 3230 5 5 '7 27 33 .46<br />

Chorley: 37 6 4 ,6 2327 7.' 2 10 31 38 : 45<br />

: Sutton Utd 35 8 5 4 3423 ' 2 9 71823 44<br />

Altrncham 34 5 6 5 18 18 6 . 2 10 23 33 _41<br />

Tellord /' 33 5 '4 81619 ; 6 3 71717'40<br />

Challnham 36 6/6 6 2727 4,4102229 40,<br />

Fiihar "• ' 34 '6 4 8 30 28 ' 4.4.:81927 38<br />

Enliold 3B 6.4 93131 t4 4 92433 .38<br />

sialfcrd . 35' 6 2 8 23 27 4 3 12 22 40 >35<br />

AyleiburV '36 7 3 9 27 30 1 5111135 32'<br />

Weymoulll - 36 5 7 , 6 25 28- 1, 2 1510 37 27..<br />

•'Newport County expelled from.Conference<br />

an d reco rd deleted. ■ ' ' '<br />

OVENDEN PAPERS CO<strong>MB</strong>INATION:<br />

Reading l, West Ham 3; Southampton 0,<br />

W atlordl; Tottenham 1, Mlllwall 1.<br />

SMIRNOFF IRISH LEAGUE: .Ards - 2,<br />

Crusaders. 0; Ballymena 2, N ew ry'2;<br />

.- Cliftonvllle 0, Bangor 1; Oistlllery o,!.<br />

Coleraine 3; -Glenavon ,.0,/i Unfield- 1,<br />

-Glentoran 0 ,' Portadown-. 1; Lame ’ 1, .<br />

.Carrick2. . . . ; .. ■,<br />

FA’ TROPHY: Semi-finals, second ;leg:l<br />

. Macclesfield ,4,- Dartford-1.: (Maccleslieldf<br />

:wiri 4:1 .on aggregate);'Teiford 3, Hy'de:0!'<br />

(Telgord win 4-0 on aggregate)., . - !<br />

' and Hersham 2;-Lea<strong>the</strong>rhead.1; Uxbridge<br />

:'2; LewesM ;.’Southwlck 0 ;:Staines<br />

Wiverihoe .1;' .Worthing: 2, Basildon 3.<br />

Second division north: Barton 1, Rainham<br />

- 1: Berkhamsted S; Vauxhall Motors .1; '<br />

Blllericay.3,Hemel>lerr)pstead 1: Clapton.<br />

3, ’ Hornchurch .;.1;. Hertford - T,-. Saffron^<br />

: Walden.0', Royston 0, War.e. 2; Stevenage .<br />

.- 3,!Wolverton 1;Tilbury2, Aveley3;Trlng 2j<br />

Heybridge,. 0;-35 5 .6 71725<br />

Stflhhimulr 35 4 7 6 2021-<br />

• Cowdenbeath dedutted<br />

League.:. ,- .;<br />

: . away<br />

W D-L F A Pt*.<br />

7 3 8 2627 ' 45<br />

, 6 8 4 2 8 23 <br />

CM<br />

iVV<br />

o ’<br />

CO CO CM<br />

CO CO<br />

CO CO Ifl<br />

CO<br />

; »<br />

(O<br />

COc5 CO<br />

CO <br />

CO 9 5 CM 3<br />

in to CO d><br />

i •<br />

o Lf> CM<br />

in CO<br />

10 in tin<br />

in (O<br />

in N.<br />

in<br />

Driver killed<br />

Marseille (AFP) — The co-<br />

driver, Thierry iCarli, aged 26, a<br />

Corsican, was killed' when tHe-<br />

Peugeot 205 in which he was<br />

competing in a rally near here<br />

hit a- tree on Saturday, 'The,<br />

driver, Jacques CasabianCa, es­<br />

caped :with a;broken. arm.<br />

Wharton gives up<br />

Kenny Wharton, a utility, player<br />

with Newcastle:- United, has'<br />

bWen- advised- to give up .. pro-;<br />

fessional football at <strong>the</strong> age of 28<br />

because of a recurring knee<br />

injury. /''V<br />

turnedon<br />

Joanne Fiirby, <strong>the</strong> British wom­<br />

en’s' amateur /golf 'champion,<br />

will be' sponsored I fof her first -<br />

year .as a 'professional' on <strong>the</strong><br />

WPGA • Kuropean tour by '<br />

• Pliimb .Center,■ a plumbing and '<br />

: heating company based near h e r.<br />

• Yorkshirehome. .■<br />

SNOOKER<br />

overcomes<br />

his doubts<br />

::;ta:^ e 6 e ^ /::;<br />

By Steve Acteson .'.<br />

Jo h ii V irgo h as suffered stich '<br />

severe. stage frig h t a t th e G ru- '<br />

cible .T heatre,; Sheffied, th a t th e<br />

/. last tim e h e re a c h e d 'th e seco n d<br />

• ro u n d o f th e 'E m bassy /w orld1<br />

ch am p io n sh ip w as in 19&2. ' :<br />

V irgo, aged 43, ^ th e c h a irm a n<br />

'o f th e W o rid P rd fe s sio h a r Bil­<br />

liard s: a n d S n o o k er A ssociation, /<br />

en d ed th a t em b arra ssin g ,reco rd /<br />

in so m e style y esterday ’w ith a .<br />

• 10-4 v icto ry o v e r D arre n . M o r- , ■<br />

..gan, aged 22, of.W ales, w h o h a d ' /<br />

b eaten A lex H iggins in th e fin al -<br />

qualifying ro u n d . • ' / ' / ■ ^<br />

A s a w o rld c h a m p io n stiip .<br />

jq u alifier in h is first season; .it<br />

w as M organ w h o sh o u ld h a v e<br />

suffered b u tteiflie s, b u t,- p a ra - , .-<br />

doxically, h is m a jo r p ro b lem<br />

w as th a t h e d id n o t su ffer fro m - • ■,<br />

; nerves. M organ, th e 1987 w orld<br />

'a m a te u r ch a m p io n , w h o w as<br />

su p p o rted b y .-' several - co ach ./•'.<br />

load s o f follow ers fro m .h is -<br />

h o m e village o f C w m F elin . . .<br />

F ach, said: “ E very o n e to ld m e<br />

I’d feel th is o r th a t a t .<strong>the</strong><br />

C rucible, b u t I d id n ’t feel an y -<br />

th in g a t all, I ju s t d id n ’t feel p a rt<br />

/ o f it o r p a rt o f th e gam e. . - . ' :<br />

.-‘I’m v ery d isa p p o in te d , n o t :.<br />

a b o u tlo s in g b u ta b o u tttie w a y .I ...<br />

p layed.” M organ, w h o se t ;a ’<br />

: w orld c h a m p io n sh ip qualifying<br />

record b reak o f 143 in h is ;<br />

victory o v e r H iggins, co u ld<br />

m anage n o th in g h ig h er th a n .49 •:<br />

ag ain st V irg o ...<br />

:: V irgo, ra n k e d fifteenth a n d a .<br />

' w orld sem i-finalist in 1979, h ad<br />

since gone n o fu rth e r th a n th e -<br />

second ro u n d , in 1980 arid 1982, .<br />

b u t w as reliev ed .to d o so again..<br />

H e said: “ I’v e begiiri to b elieve I<br />

c o u ld n ’t -play. . a t • th e ' .v e n u e .' ; - .<br />

-Although th e / atm bsjphere; is,<br />

u n iq u e here I so m e tim es th in k<br />

it’s a b it o v erbearing.”<br />

, M ik e H allett,: V irgo’s last<br />

’ C rucible v ic tim b efo re M o rg an ' ,<br />

a n d b eaten ’13-1 by S tev e D av is<br />

in last year’s second, ro u n d ,<br />

ap p eared to b e h ead in g f o r /a :<br />

sim ilar: fate w hen .he :feil 3-0 •<br />

;behind ag ain st D o u g .M o u n tjo y , /<br />

th e U n ite d K irigdom c h a m p io n , , ■<br />

w ho w as suffering fro m a stp m - . .<br />

ach bug, b u t a fluked yellow iri ' V<br />

th e fo u rth frarhe h e lp e d 'H a ile tt / ><br />

b ack in to th e m a tc h a n d h e goes ‘ . i /<br />

b a c k in to b a ttle to d a y level a t ’4^ :<br />

4 .. th e ir slow session yesterday,<br />

b ein g h a lte d aifra m e early. • .<br />

■ D av is. th e defen d in g ch am - .<br />

p io n , to o k a satisfactory first<br />

step to w ard s a ’sixth' w orld title '<br />

w ith a 10-5 v icto ry o v e r S teve /..<br />

N ew bury, o f W ales. . Jirh m y -'V<br />

W h ite ,. th e . N o . 2, seed,; - b e a t ••<br />

D ene O ’K an e, o f N ew Z ealan d , • "<br />

10-7, arid 1 W h ite now : / plays<br />

V irgo. : . V-y’' . - - ' "<br />

RESULTS: First raunil: S Davis (Eng) bt S<br />

Newbury (Wai),: 10^5. Frama scores<br />

. (Davis first):; 35-63, 50-72, 59-23, 97-25,<br />

53-27,114-0,76-1,124-0,83-18,57-64,1-<br />

86.. 50-52/ 64-53, 9^15,- 88-0. J Whits .<br />

(Eng) bt 0 O'Keno'iNZi; .10;7..FramB<br />

scores (Whits first):71^41,"144,13:12)}<br />

80-16, 67-58,i66-29,!'42.56„39.87,;'67'-3i; 'i<br />

77-56, 0-128; 79-30,79-43,' 41-35, 39-78, ’- -'-<br />

1-75, 51-26. J Virgo (Eng) bt'D Morgan<br />

(Wei), 10-4. FramB ScorBS (Virgo'first):72-va-V'<br />

.27, 21r69,-95-31, 70-13,:100-26, 77-9,.9- if<br />

(Hallett first): 58-65, 22-81, 27-80, 63-50,<br />

62-48, 68-46, 60-73;- 63-54.' S : Duggen ,: /- •<br />

(Eng) leads C Wilson (Wei); 8-1. Framo :<br />

. scores (Wilson first):-49-64;'36:49, -t4;-ei;: ?,<br />

3B-75i 57-61,78^30,31-77, 27-77,46-73.*,-,- '<br />

TODAY’S ORDER OF PLAY:.Rrat round:<br />

..10.30am! A:Knowles:(Eng)'v: DiRbe; to<br />

finish; D Tayior (N Ire) v E Hu'ghes (Eire),<br />

to finish, ,3.00pm:, M. Haiiett (Eng) . v-D ■<br />

Mountjoy:_(Wales)',;-tb'.tlhish;. CiTliorbLirn '<br />

(Can) .v E Chariton: (Aus): 7:30pm :',T . .<br />

, Griffiths^(Wales):v R,-C3haperon,(Can);, J<br />

Parrott (Eng) v S Jam es (Eng),;td finish ■ ■ '' ■<br />

RACKETS<br />

Superlative<br />

conquest:<br />

Johri" Prenn'i.and . Jariies. Male/<br />

retained <strong>the</strong> C elestioriO pen ;<br />

D oubles 'cham pionship. :a t ,/<br />

Queen’s Club yesterday, .defeat-. .<br />

ing a professional pair, Neil.<br />

Smith (Queen’s)': and- Sharirion V<br />

:Hazell(Clifton),;-12--15/(j-15,::16? /<br />

14, 15-6, 15-10, 15-12 iri' a;<br />

•superlative, final;(William,Ste;<br />

pheris writes). /:-;•-■ .'■<br />

RESULTS! Semi-finals:: j.P re n n an d -J ■<br />

Male bt R .Wakeiy (Marlborough)-arid M<br />

Mockridge 15-9,15:1,15-5/15-0; N. Smith<br />

(Queen's) and.’ S Hazell-(Clifton) bt/W<br />

Boone end NCripp (Eton) 7-15,15-12,.15-. .<br />

12.15-9,15-4. Final: Prenn and 'Male b t.; -:<br />

Smith and Hozell, 12-15,.0-15,.16-14,15-<br />

6.15-10,15-12./'. .<br />

TODAY’S FIXTURES<br />

7.30 unless stated . . .■;<br />

FOOTBALL -<br />

CENTRALLEAQUE:.Rrat;divl8[on:(7.b):<br />

Barnsley v Sheffield United, - : , ' / ,<br />

OVENDEN PAPERS CO<strong>MB</strong>INATION: Ox- ,<br />

ford United‘vWestiHam. ■_-■ ■ ;= :-<br />

CAPITAL LEAGUE: Barnet V, Sou<strong>the</strong>nd ■ '.<br />

United.- ' ; /■<br />

HFS LOANS LEAQUE: Premier division:<br />

Hyde v Rhyl. ' ' .<br />

VAUXHALL^OPEL LEAGUE: Saeond.dl- ' .<br />

’vision south: Rulsllp Manorv,Dorking.<br />

GREAT MILLS LEAGUE: Premier dl- /<br />

vision: Chard v Barnstaple (7.45). -■• ■<br />

CRICKET Q / y<br />

11.30t o 6.30 ■/<br />

LORD'S: M C C vW orcestershire'.1 ■: ;//,<br />

FENNER'S: Cambridge •' "Unlve'rsity.v.v ./,:<br />

Glamorgan.!^ ./-.; ; ,<br />

THE PARKS: Oxford University. V •;/<br />

.Northamptonshire.. ■'• ,<br />

OTOER MATCH: Surrey v Middlesex (ttia<br />

Oval):' ■ ' /v / ‘:<br />

OTHER SPORT '<br />

! BOWLS: Bristol and West champion: of<br />

champions finals (Bristol)..'.; : ;<br />

SNOOKER: Embassy,/worid, champion-.. :-<br />

ships (Sheffield). " / ■ :'; / / .- : /<br />

SPEEDWAY: Chalienga rhatc)i:' Exeter v v<br />

‘Kulsvieme(Denmark), -s..,' : -<br />

SQUASH RACKETS: Hl-Tec British' open ■<br />

(Lambs Club, London),<br />

SPORT ON TV<br />

ATHLETICS: Euroaport 2.30-4.30pm-mld- .<br />

night: World: Cup marathon: Mep's. aiid<br />

women's from Milan.- Eurosport 7-8pm:<br />

Rotterdam marathon. '/...<br />

BOXING: EuroaportlOpm-midnlght: Ring- .<br />

side. .- - :/,/;■' - ,-<br />

CYCLING: Eurosport 1:30-2.30pm: LUga<br />

to B astogneto Lldge. •<br />

EQUESTRIANISM:: Euroaport 11.30am- :<br />

1.30pm, and 8-10pm: Worid Cup:ahow ,<br />

JumpingfromTampa,;,/.;. .- ;<br />

EUROSPORT - WHAT A : WEEKI:<br />

Eurosport 10.30-11.30am: Revlew/of.<strong>the</strong><br />

iweBk's sport'''.-.- ■ ■ ■ .. ■' '■.-/ / : .<br />

FOOTBALL:'Screenspoit 8.35-10.10pm:' !<br />

Celta v Real Madrid from Spain: '■/ .'<br />

GOLF: Screensport '4.50-5:20pm:' lnaid# '<br />

<strong>the</strong> PGA. ^ - '■,/:<br />

ICE HOCKEY: Screenspoit 5.20-7.20pm: /<br />

StaiiieyCup:Play-offs.. / : . / / , . j . - /.;<br />

MOTOR SPORT: Eurosport:6-7pm:'Shell<br />

.International. S creen sp o rtW p m : World •<br />

rally championshlp: Safari, rally: Screen- . :<br />

sport 4-4.50pm: Formula 3000 from .:<br />

Silverstone. Screensport ,10.10-11.1 Opni:<br />

Rallycross: Winter nationals from Lydden -<br />

Hill- . / / - • -v^ ■> :<br />

SNOOKER: BBC12.15-3pm and 11.30pm- /<br />

12.30am. BBC2 3-6,30 .' an d '‘9-9.50pni:; "<br />

Em bassy World ^professional champ--<br />

lonshlp from ’Sheffield '(see :also<br />

Grandstand). . • ' , , : r-, .'<br />

SPORTSWORLD EXTRA: ITV 12.50-2am /'<br />

(tomorrow). - V: ,1 ,•- --. •<br />

TEN-PIN BOWLING:: Screensport 7.20-' .<br />

8,35pm: professloriar1 bowlers’.'w in te r i v?<br />

tour.-<br />

-ii:/-/-


RM THE TIMES MONDAY APRIL 17 1989 SPORT '39<br />

CRICKET<br />

. JULIAN HERBERT.<br />

By Alan Lee, Cricket Correspondent<br />

LORD’S: Worcestershire have<br />

scored: 474 for three against<br />

MCC • . . ■<br />

There, are times when sport is<br />

all <strong>the</strong> better for being predict­<br />

able; On this of all weekends it<br />

was comforting to see Graeme<br />

Hick adorn <strong>the</strong> opening of <strong>the</strong><br />

cricket season.with an innings<br />

so familiarly commanding<br />

that all, it.' seemed, had gone<br />

according to <strong>the</strong> hopeful plans<br />

of those who await this annual<br />

game with boyish expectation.<br />

It. was. not .‘.a memorably<br />

flamboyant. innings; few of<br />

Hick’s centuries are.. But his<br />

trade marks of technique,<br />

discipline and' patience were<br />

all formidably in place and<br />

when rain at tea-time cut short<br />

<strong>the</strong>'cold-fingered suffering of<br />

MCC’s bowlers and fielders,<br />

he had given us ano<strong>the</strong>r batch<br />

of strokes: and statistics to<br />

savour.<br />

The unbeaten 173 was<br />

Hickls first century at Lord’s<br />

but <strong>the</strong> 41st of his career. This,<br />

to give it some perspective,<br />

puts him- ahead of David<br />

Gower, who has played almost<br />

three: times as many innings.;<br />

Hick has now amassed 4,000<br />

runs, including 17 centuries,<br />

in a.il2rmonth period and he<br />

probably needs only <strong>the</strong> help,<br />

OTHER<br />

SCOREBOARDS<br />

Ox Univ v N’thants<br />

THE] PARKS: Norttiamptdnshlre have<br />

scored 35S tor 8 against Oxford University.<br />

. NORTHAMPTONSHIRE: First Innings<br />

•Q Cook,b Hampton ...........................16<br />

W Larkins o sub b H ampton ........ .126<br />

R J Ballsy b Taras „ ..................... 27.<br />

D J Caps! b Hampton ............ 30<br />

D J Wild c and b Hampton ..................3B<br />

R Q Wlltlams.c Chauhan b T srss......... 48<br />

+D Rlplay riot o u t ............................ ....46<br />

J Q Thomas not o u t 13.<br />

Extras (b 3, lb 7, nb 2 ) .......................12<br />

Total{6wkts) ..................356<br />

N Q B CooKi'A Walkar and M A Robinson :<br />

to bat; ' •<br />

FALL OF WICKETS: 1-46,2-128,3-202; 4-<br />

227, 5-246.6-320.- ■<br />

OXFORD UNIVER8HY: S A Almaer, D A<br />

Hagan, M J Kllbom, R E Morris, P D Lunn,<br />

S Cnauhan; A N S Hampton, C W.TImms, I<br />

M Henderson,: E D H Terse, J M E<br />

Oppenheimer.<br />

Umpire*: R Julian and P J Eele..■ ■ ■ ■ ■ ■<br />

Camb Univ v Glam<br />

FENNER'S (Cambridge University won ■<br />

toss):', Cambridge University, with tour/<br />

first-tnnlhgs wickets Iri hand, are 17S ru ns.<br />

behind Glamorgan. ; . T : ",<br />

QLAMORQANj FlrsI Innings ’<br />

' A R Butcher c Turner ff Mullins .......... 37<br />

*H Morris c Bush b Mullins 102<br />

P A Cotfey b Atharton i 24<br />

M P Maynard lbw b Mullins v................... 4<br />

M J Cann c Turner b Mullins .............. 58<br />

I Smith cM Morris bPyem an ..........11<br />

J Dsrrlck c Atkinson b A tharton............47<br />

+C P.Metson Ibw b Mullins ........... 0<br />

P D North Ibw b A<strong>the</strong>rton ..................... 0<br />

S LWatkln'mn o u t.;............ O'<br />

S R Bamlck not o u t ........... 6<br />

Extras (6 b, 4 Ip, 4.W, 4 n b )............_18 ;<br />

Total;';. ................................ 307 '<br />

FALL'OF WICKETS: 1^86,2-146,3-151,.4; ‘<br />

189.5-210; 8-289,7-28 0,18-290,9-301.’<br />

BOWLING: Bush 21-7-86-0: Mullins 29-7r .<br />

77-5: Atkinson 2-0-24-0; Pyeman 21-4-70-<br />

1; A<strong>the</strong>rton 27.5-5-60-3.<br />

CA<strong>MB</strong>RIDGE UNIVERSITY: Rrst Innings<br />

S P Jam es hit wicket b Watkins 38<br />

J M GW IIIattbD errick ..........5 .<br />

*M A A<strong>the</strong>rton Ibw b Derrick 38<br />

R Heap c Metson b B erw ick................. 19<br />

0 C M Atkinson c Sub b Derrick ........16<br />

M Morris not out ............. 6<br />

R Bate c Metson b B arw lck .......... 0<br />

+R J Turner not out ......; ...............0<br />

. Extras (bfi/lb 8, nb 1)-...........1L Dulon c Raman b Ayub ........5<br />

M D Marshall St More b Ayub 16<br />

C E L Ambrose c More b Kapil Dev ....12<br />

IR Bishop not out ........... 11<br />

C A Walsh c Ariin Lai b H i r w a n l 6<br />

’ Extras (b 7 ; lb 5; nb 6)..-.......^18 ><br />

T o tal ................................ v.;:,314.<br />

FALL OF WICKETS: 1-33,2-BO, 3-118,4-<br />

146,5-216, 6-238, 7-269, 6-294,9-302.<br />

BOWLING: Kapil Dbv 19-6-46-2; Sharma<br />

6-1-23-0; Ayub 52-11-117-5; Shastri 27-8-<br />

56-1; Hirwani 19.3-1-59-2.<br />

INDIA: N S Slddhu, A Lat, R J Shastri. "D B ■<br />

Vengsarkar, W Raman, Kapil Dev, S<br />

Marijrekar, A Ayub, N Hirwanl, tK S More,<br />

CSharma.<br />

Umpires: C Cumberbatch and A Weekes.<br />

Woman admitted<br />

Jeanette Carman is <strong>the</strong> first<br />

woman member elected to <strong>the</strong><br />

committee of Essex County<br />

Cricket Club. She was <strong>the</strong> club’s<br />

membership secretary<br />

I RUGBY LEAGUE<br />

STONES BITTER CHAMPIONSHIP: Bradford<br />

38, Hull KR 14: Castlaford 38. Leeds 10;<br />

Fea<strong>the</strong>rstona 15, Warrington 14; Halifax 40,<br />

.St Helens 6; Hull 12, Salford 6; Widnes 32,<br />

Wigan 18. .<br />

,P W D L F A Pta .<br />

SQUASH RACKETS<br />

By Colin McQuillan<br />

If it is a sign o f champion quality<br />

to win on those days when<br />

nothing goes quite right and th e .<br />

courtlines appear to have been<br />

mysteriously altered overnight,,<br />

<strong>the</strong>n Martine Le Moignari, of<br />

England, <strong>the</strong> world' cham pion,'<br />

can be said to have reached that .<br />

standard, winning yesterday’s •<br />

semi-final of <strong>the</strong> Hi-Tec British<br />

O pen ■ c h a m p io n sh ip at<br />

Wembley.<br />

Le Moigriani; aged 26, de­<br />

feated Danielle Drady, of<br />

Australia, 4^-9,9-6; 9-7; 9-5,in 52<br />

minutes to reach <strong>the</strong> British<br />

Open final for <strong>the</strong> second time.<br />

T h is w as th e sev e n th .<br />

successive semi-final for <strong>the</strong> tall<br />

left-hander from Guernsey, but<br />

she :has only .managed once<br />

before to progress to <strong>the</strong> final,<br />

losing to Susan Devoy, of. New.<br />

Zealand 3-1 in 1985. ><br />

But <strong>the</strong> 1989 Lei Moignan<br />

model is a more rugged version.<br />

At <strong>the</strong> start. oS yesterday’s .<br />

match it seemed Drady, aged2l,<br />

and ranked well below her real<br />

value at • 11. on; <strong>the</strong> - world list, ■<br />

could frustrate <strong>the</strong> lethargic<br />

senior world champion ju st as<br />

she had ended <strong>the</strong> hopes of <strong>the</strong> -<br />

junior /world champion, Sarah<br />

FitzGerald,<br />

. The first three points went to<br />

<strong>the</strong> Australian’s :'deceptively.<br />

wristy backhand drop shot and a<br />

series of unforced eiT ors from Le<br />

Moignan from 4-4 sent Drady<br />

back to her comer a game to; <strong>the</strong> ;<br />

good in just riirie minutes. T hat<br />

; drop shot was to worry <strong>the</strong><br />

som ewhat. flat-footed world<br />

champion throughout. .<br />

: r She. did come to ■ terins with<br />

<strong>the</strong> situation, however,, .which<br />

might not have been <strong>the</strong> ■ case<br />

, with .<strong>the</strong> 1985. Le Moignan, • .;<br />

iBy 4-4 in <strong>the</strong> fourth game, Le<br />

. Moignan -was - dictating to a<br />

tiring opponent. t ;<br />

RE8ULT8: Men: Quarter-finals: Jahangir<br />

Khan (Pak) beat U H Khan (P ak , 9-0,9-2,<br />

9-0; R Noimari (NZ) bt B Martin (Aus), 9-7,<br />

10-9, 9 -6 ;'R Martin (Aua)>bt C Dlttmar<br />

(AU8),"'10-9, 9^7,:2-9, 9-1; C Robertson-<br />

■ (Aus) bt Jansher Khan (Pak), 9-4,9-6,9-0..<br />

Semi-finals: Jahangir bt Norman, 9-0,6-9,<br />

9-3,9-4^ Women: Quarter-finals: S Devoy<br />

' (NZ) bt R Lamboume (Aus), 9-6,9-1,9-1; L<br />

Irving (Aus) bt R Best (Ire), 9-6; 9-2,9-5; M .<br />

Ue Moignan (Eog)btM Martin (AusJ, 9-3.<br />

9-4, 9-2; D Drady: (Aus) bt S FitzGerald<br />

(Aus), ,9-6, 9-1; 9-5. Semi-final: Le<br />

Moignan bt Drady, 4 -9 ,9 r6 ,9-7,9-5.<br />

in a<br />

row for<br />

Durham<br />

By David Rhys Jones<br />

Durham confirmed <strong>the</strong> strength<br />

of <strong>the</strong> north eastern counties<br />

when <strong>the</strong>y won <strong>the</strong> English<br />

Bowling Federation’s national<br />

indoor team championship for<br />

<strong>the</strong> Derbyshire Trophy , for <strong>the</strong><br />

fourth year running at Lincoln,<br />

beating <strong>the</strong> host county , in <strong>the</strong><br />

final by 134. shots to 123.<br />

Trailing by 36 shots to 14 after<br />

only five ends, Durham staged a<br />

spirited, recovery. D urham<br />

recently .won, <strong>the</strong> Liberty Trophy<br />

in <strong>the</strong> English Bowling Associ­<br />

ation’s equivalent event They<br />

also won <strong>the</strong> Jubilee Rinks<br />

championship by 29 shots to<br />

three.<br />

: The o<strong>the</strong>r three events, which<br />

were competed for on Saturday<br />

were ’ won by Northampton­<br />

shire.<br />

RE8ULTS: Finals:. Slnglas: J Nawson<br />

(Nor<strong>the</strong>rns) bt A Cook (Humberside), 21 -5.<br />

Pairs: P Jesso p and P Anthony<br />

’Northants) bt D Thorpe and B Pettit<br />

Humberside), 2S-14. Rinks: S Johnson, C<br />

Horobin<br />

through<br />

in<br />

I ;vans, W. Newton (Durham) bt R Hepper,<br />

, _ .... — ------“- - 'a ) , 29r3.<br />

HOCKEY<br />

H Thompson, A Horton (Northants),<br />

Eweraley'Trophy: Northants bt Durham,<br />

111-86. Dertayanlre Trophy: Durham bt<br />

Uncs, 134-123.<br />

Sand in Surrey’s<br />

By Gordon Allan<br />

Diane Sekjer and Lee Shop-<br />

bridge, of Mote Park, Maid­<br />

stone, and Mary Farmer and<br />

Tony Horobin, of Huddersfield,<br />

qualified for <strong>the</strong> final o f th6<br />

Ma<strong>the</strong>son national mixed pairs<br />

championship at Gedling, Not­<br />

tingham, yesterday. •<br />

In <strong>the</strong> semi-finals; played over<br />

18 ends, Sekjer and Shoobridge<br />

beat <strong>the</strong> Paddington pair, Mary<br />

Halse and Steve Halmai, 23-16.;<br />

Both skips are ■ internationals,<br />

but Shoobridge had marginally<br />

better support from Sekjer, his.,<br />

lead. .<br />

Farmer and Horobin beat <strong>the</strong><br />

Taunton husband and wife, Jill<br />

and Dave Young, 21-6, with .<br />

Horobin in particularly effective j.<br />

forin. Huddersfield put out; <strong>the</strong><br />

1987 ch am p io n s, Doris.;,<br />

Woodley arid Mel Biggs, of<br />

SwindOn, by a single shot on an<br />

■ extra end in <strong>the</strong> quarter-finals.:<br />

RESULTS: Quarter-finali: Paddlngton-18,<br />

North Devon 11; Mote Park 17, Boston 14;<br />

. Jaunton 2i;,Lakenheath 7; Huddersfield-:-.<br />

19, Thamesdown 18. Semi-finals: Mote<br />

Park 23, Paddington 16; Huddersfield 21,<br />

T aunton6 ■’ ............ .-/<br />

Middlesex, <strong>the</strong> county cham-<br />

pions, were almost certain of a<br />

place; in ,<strong>the</strong> south • seriii-fuials<br />

after <strong>the</strong>ir 2-1' yictory over<br />

Surrey ori <strong>the</strong> newly laid sand-<br />

filled artificial turf pitch at KCS<br />

Wimbledon yesterday (Sydriey'<br />

Friskin writes).<br />

Surrey might have equalized -<br />

with <strong>the</strong> last shot of <strong>the</strong> match<br />

from Daubeney at a short corner<br />

but Meredith: managed to de­<br />

flect <strong>the</strong> ball for a long comer. "■<br />

Middlesex took<strong>the</strong> lead in <strong>the</strong><br />

22nd minute when Indeijit<br />

Ubbey scored!iridirectly from a-;<br />

short corner. _<br />

They went fur<strong>the</strong>r ahead in<br />

<strong>the</strong> 17th minute of this period,<br />

g o l f .:<br />

ROQERSTONE, Newport Ootf. Foundation<br />

school! champlonthlp: Walsh final: S48:<br />

Bassaleg, Newport; 260; Neath College: 269:<br />

Ysgol Syr Hugh, Caernarfon. . . <<br />

SEOUL: Korean Open: Final a c o n t: 277: Lu<br />

Dixon scoring, from .- ano<strong>the</strong>r ■<br />

short corner. From .a. similar '<br />

award Dauberiey.. scored' ' for i;<br />

Surrey five minutes;before <strong>the</strong>/..,<br />

e n d .. ‘ V '<br />

In <strong>the</strong> o<strong>the</strong>r sou<strong>the</strong>rn group, :<br />

Kent’s 2-0 win over Oxfordshire<br />

followed <strong>the</strong>ir'5-2 victor^ over<br />

Berkshire on Saturday. - Berk- ;<br />

sh ire, how ever, defeated<br />

Buckinghamshire 2-1, Nienow<br />

and Staynor scoring for Berk­<br />

shire and Allcock replying.<br />

•; In <strong>the</strong> eastern division, Essex .;<br />

had an 8-0 victory over Suffolk<br />

after, defeating: Cambridgeshire<br />

5-1 on Saturday. Cambridge­<br />

shire ! recovered . w ith.. a 2-1 -<br />

victory over Bedfordshire. ..<br />

FOR THE R EC O R D<br />

ICE HOCKEY<br />

2:39:36: 39. L Rushmere. ' 2:48:15; 43, S<br />

Kerambrum, 2:51:56:47, H McDuff, 2:55:14,<br />

Teams; 1, Soviet Unloiv 7hr 51 min 29sac; 2.<br />

Untted States, 7:56:17:3, China, 7:57:07; 11.<br />

Great Britain, 8:19:48. Men (Yesterday): 1. M ■<br />

Zeieke (Eth), 2:10:28; 2 ,0 Nedi (Eth), 2:10:36;<br />

3, G Pol! (It), 2:10:49. British: 36, 5 Bedell,<br />

2:17:40; 88, M Thompson, 2:34:10; Team r 1,<br />

Ethlopie, 0:37:20; 2, Italy, &37:51; 3, France,.<br />

6:30:51, • %<br />

VIENNA1. Marathon1. Man; A Shahange (Tan),<br />

•2hr 10min 29sec. Women: C Vahlensieck<br />

(WG). 2:34:40. '<br />

SUTTON COLDFIELD: AAA 12-stage road<br />

relay (51 miles): 1 . TIpton H, 4hr 03m!n 49sec: -<br />

2, Wolverhampton, 4:05:00; 3, Blrchfleid H,.<br />

4:05:48. Fastest laps: Short stage (3.1 mites):<br />

I Manners (Highgate H) ancf S Newport •<br />

(Blackheath H), 13:59; R Denmark (Gateshead<br />

Widnes...........<br />

Wigan.............<br />

Leeds .<br />

Hull !...<br />

Castleford......<br />

Fea<strong>the</strong>rstone..<br />

St Helens.......<br />

Bradford N,,.,.<br />

Wakefield......<br />

Salford..... .<br />

Warrington....<br />

Oldham,.,,......<br />

Halifax............<br />

Hull KR..........<br />

26 20<br />

26 19<br />

2B 18<br />

26 17<br />

26 15<br />

26 13<br />

28 12<br />

26 11<br />

26 11<br />

26 11<br />

20 10<br />

20 8<br />

26 0<br />

26 0<br />

1 5 726<br />

0 7 543<br />

0 < 8 530<br />

0 9 427<br />

2 9 601<br />

1 12 482<br />

1 13 513<br />

1 14 545<br />

.1 14 413<br />

0 15 469<br />

0 10 456.<br />

1 17 4B2<br />

1 19 335,<br />

1 19 408<br />

345 41<br />

434 -38<br />

3B0 36<br />

355 34<br />

4B0 32<br />

545 27<br />

529 25<br />

516 23<br />

540 23<br />

526 22<br />

455 20<br />

632 17<br />

HOCKEY<br />

PRESCOTs Merseyatde; Women’s four na­<br />

tions championship: England 1, Ireland 0.<br />

COUNTY CHAMPIONSHIP: Midland*; Leic-<br />

535<br />

63613 13<br />

li) 14:00. Long stage (5.4 miles): E Marlin<br />

(Basildon), 24:47; P Taylor (Copeland), 25,10,<br />

C Mochrle (Leicester dor), 25:17.<br />

SOUTH SHIELDS: 10-kilomatra road race:<br />

Men: 1, D Waklihuri (Kenya), 28:39; 2, S Cram<br />

(JarTOW and Hebbum), 29:07,* 3, M McLeod<br />

(Eiswick H), 29:27. Women (10km): 1.- L<br />

Hardlna_ (Houghton). 33:28i 2, S Catford<br />

(LeadsC), 33:“*<br />

SECOND DIVISION: Batiey 23, Whitehaven<br />

15: Bramley 23, York 20; Huddersfield 22,<br />

Doncaster 10; Hunsiet 32, -Sheffield 0;<br />

Rochdale 18, Carlisle 20; Runcorn 0, Barrow<br />

60.<br />

P W D L F A Pta<br />

BASEBALL<br />

AMERICAN LEAGUE: Baltimore Orlolea 12,<br />

Boston Rad So* 4; Taxas Rangars 4, Detroit<br />

Tigers 1! Chicago White So* 7,Oeklend A's 4i<br />

Kanaes City Royals 10, Toronto Blue Jays 5s<br />

Milwaukee Brewera 5, Cleveland Indians 1;<br />

California Angels 9. SeatBe Mariners 2.<br />

NATIONAL LEAGUE: Pittsburgh Pirates .6 ,.<br />

Montreal Expos 4; Los Angeles Dodgers 3,<br />

Houston Astroe V, San Francisco Glenta 1,<br />

Atlanta Braves 0; St Loula Cerdlnala 3. New<br />

York Mets 2 (10 Inna); Cincinnati Rada 8. San<br />

Diego Padres 3 (10 Inns).<br />

- Leigh ......<br />

B arro w ............<br />

Shatfiald.<br />

York...............<br />

Swinton .<br />

Doncaster......<br />

Whitehavqn....<br />

Keighley .<br />

R ochdale,,.......<br />

Bramley .<br />

Carlisle...........<br />

Betley .........<br />

Dewsbury......<br />

Hunsiet .<br />

Fulham...........<br />

• Chorley..........<br />

Workington..,*;<br />

Hudderatleld...<br />

Mensfleld.,;....<br />

Runcorn.........<br />

28 26<br />

28 21<br />

28 19<br />

28 17<br />

28 16<br />

28 17<br />

26 16<br />

26.16<br />

26 15<br />

26 14<br />

26 14<br />

26 13<br />

26 13<br />

26 12<br />

26 10<br />

26 9<br />

26 9<br />

26 9<br />

26 4<br />

26 2<br />

0 2 925<br />

1 6 726<br />

1 8 689<br />

1 10 565<br />

2 1 0 B21<br />

0 11 599<br />

2 11 522<br />

0 12 551<br />

0 1 3 655<br />

1 13 800<br />

1 .13 512<br />

3 12 461<br />

0 15 516<br />

1 15 473<br />

0 18 464<br />

1 16 410<br />

1 18 365<br />

1 16 400<br />

1 23 306<br />

1 25 224<br />

338 52<br />

338 43<br />

382 39<br />

383 35<br />

482 34<br />

464 34<br />

378 .32<br />

525 32<br />

877 30<br />

514 29<br />

441 29<br />

416 '. 29<br />

626 26<br />

540/ ‘25<br />

650 20<br />

533 19<br />

549 19<br />

615 19<br />

769 9<br />

9965<br />

estershire 2, Northamptonshire 0; Shropshire<br />

0, Worcestershire 4; Staffordshire 2i Not­<br />

tinghamshire 1: Warwickshire 5, Derbyshire 0;<br />

Derbyshire 3, Staffordshire 2: Northampton­<br />

shire 4, Shropshire 2; Nottinghamshire 0,<br />

Warwickshire 0; Worcestershire 1, Leicester­<br />

shire 1. E ast Essex 5, Cambridgeshire 1;<br />

Hertfordshire 0, Nor1olk2; Suffolk 2, Bedford-'<br />

shire 2; Bedfordshire 1;-Cembridgeshire 2;<br />

Norfolk3, Lincolnshire 3; Suffolk 0, Essex 6,<br />

W est Dorset 1, Wiltshire 4v Somerset 2,<br />

Devon 1; Dorset 2, Gloucestershire 5;<br />

Comwatl-1, Somerset 4; Gloucestershire 6,<br />

Herefordshire 1. North: Cumbria 0, Cheshire<br />

6; Durham 2, Northumberland 5; Yorkshire 1r<br />

Lencashlre 0; Durham 0, Lancashire 6; ■<br />

Northumberland 0, Cheshire 3; Yorkshire 5,<br />

Cumbria 0. South: Hampshire 1, Surrey 2:<br />

Kent 5, Berkshire 2; Middlasex S, Sussex 1;<br />

Berkshire 2. Buckinghamshire 1; Oxfordshire<br />

0. Kent 2; Surrey 1, Middlesex 2;.Sussex 0,<br />

. Hampshire 1. South-west Dorset 2, Cornwall<br />

2; Wiltahfre 4, Somerset 3; Devon 10, Dorset<br />

2; Hsrsfordshlre 11 Wiltshire ■ :<br />

LACROSSE<br />

BRINE.NORTHERN LEAGUE: Flrat Division:<br />

■ Cheedle 8, Mellor9:T7mperley 4, Sheffield 12.<br />

NATIONAL HOCKEY LEAGUE (NHL): Stanley<br />

Cup - ptay-otti:;: Campbell: Conference;<br />

Smyth* DtvUlon!:. SemMlnslK Calgary<br />

Fiames 4; Vancouver Canucks 3 (overtime.'<br />

Flamea win best-of-seven .seriea, 40); Loa<br />

Angeles Klnga 6, Edmonton Oilers 3 (Kings ■<br />

win, 4-3).<br />

STOCKHOLM: Wortd championships: Czech­<br />

oslovakia 3, West Germany 3; Soviet Union 4. ■<br />

United States 2: Canada 6. Finland 4 .Sweden -<br />

4, United States 2; Czechoslovakia 3, Finland.<br />

'■'1.<br />

RACKETS ~<br />

QUEEN'S CLUB: Csleition' Open double<br />

champloiuhip: QuarWr-linalt: J Prenn end J<br />

Mele bt T Cockroft end G Oevereux, 16-10,<br />

15-4,15-10.15-11: R Wakely (Mariborough) .<br />

and M Mockridge bt P Brake (Oueen'e) ana S<br />

Da\rfes,16-13,15-5,15-1,17-14.:<br />

REAL TENNIS<br />

HATFIELD: George Wimpey Open over»50«<br />

•Inglea championthlp: Second round: M<br />

Rowan bt R Symonds, 6-1,6-1 j D Vaughan bt<br />

P Wilson, 6-1,6-1,• M Glover bt C Nobbs, 6-0,<br />

6*0: R Magowan bt K Dean, 6-5; O Rowe<br />

bt K Sharpies;. ^ 64; P Bsrrows bt R<br />

- Swash, 6-5,5-6,6-5; J Smith bt S Leigh 6*3,2-'<br />

6,6-0; M.Boutwood bt F Such 6-5, £ 3. Third;<br />

round; Barrows bt Rowe, 0*6. 6*5, 6-5; O<br />

Vaughan bt M Rowan, 6-1.6-3; M Glover w/o .<br />

M Falrbams scr; .0 Bevan-TTiomas bt<br />

Boutwood, 6-2.6^; A Crook bt R Magowan,<br />

6-4, .1-6, 6-4; D Newman bt Smith, 6-4, 6-2,-<br />

Fourth round: C Dean bt Vaughan, 6-2, 6-4; ■<br />

. Glover bt Bevan-Thomaa. 6-1, 6-5; Newman'<br />

bt Crook, 6-5,6-5; J Tours bt p Barrows, 6-1,.<br />

6*0. Semifinals: Dean bt Glover, 6-1, 6-2;<br />

Tours bt Newman, 6-0, 6-5. Float Dean bt<br />

Tours 2-6,6-3,6-2.<br />

England again<br />

defeat Ireland<br />

: England-followed up <strong>the</strong>ir 1-0<br />

'victory, oyef Ireland in <strong>the</strong> home<br />

• countries women’s cham p­<br />

ionship on Saturday with a 2-1<br />

-success over <strong>the</strong> same oppo­<br />

nents .• at Prescot yesterday<br />

(Joyce Whitehead writes). -<br />

Saturday’s match was a tense<br />

affair with <strong>the</strong> decisive , goal<br />

coming near <strong>the</strong> end when Jane<br />

Sixsmith crossed for Tammy<br />

Miller to score.; England fell<br />

behind yesterday when ; Jacqui<br />

Potter.'- scored. 'Sue’ HolVvell<br />

Equalized, before half-time and,<br />

after sustained , pressure,' Karen<br />

Brown scored <strong>the</strong> winning goal.'<br />

; SPEEDWAY ■'<br />

NATIONAL : LEAGUE: Palertx)rough 66,<br />

Newcaatie4pf,;<br />

SCOTTISH CUP: Firit leg:. Glasgow. 46.<br />

• Edlnburqh 50,/ : .. :<br />

GOLD CUP; Oxford 50. Coventry 32; Belle Vue<br />

43. Bradford 47; Cradley Haath 47, Belle Vue<br />

.43, s-,. :• ;•<br />

INTERNATIONAL CLUB CHAUENQEj' East­<br />

bourne 63, Kulsvleme; (Denmark) 33.<br />

ATHLETICS<br />

Jones misses his goal<br />

Boston — Steve Jones’s with­<br />

drawal from, <strong>the</strong> Boston M ara­<br />

thon: today, due to chronic<br />

tendinitis, has cost him <strong>the</strong><br />

opportunity tb win <strong>the</strong> fourth of<br />

<strong>the</strong> five major marathons which<br />

he set as his goal more than two<br />

years ago (Pat Butcher writes).<br />

Jones - has won Chicago,<br />

London and New York, but his<br />

best here was second two years<br />

ago. The fifth, <strong>the</strong> Fukuoka race<br />

in Japan, next December, comes<br />

too close to his participation in<br />

<strong>the</strong> Commonwealth 10,000 me-<br />

TENNIS<br />

AMELIA ISLAND, Florida: Woman'* tour­<br />

nament Semhflnala: S Graf (WG) bt A<br />

Sanchez (Sp), fr-3,8-2: G Sabatlnl (Arg) bt M<br />

Navratilova (US), 6-3,8-2.<br />

ATHENS-.Nablaco Grand Prin: Men's tlnglos:<br />

Final; R Aganor (Haiti) bt K Carlsson (Swe), 8-<br />

3,6-4. Men't doublaa: Final: C Panata (II) and<br />

■ _ ,j — -i bt G Ciussanl and G Mlrad<br />

SQUASH RACKETS<br />

UK CHAMPIONSHIP; Regional finals: North­<br />

ern (Manchester): P Lord (Cheshire) bt J Ulley<br />

(Vorks), 9-6, 9-6; 9-5. Souttwm (Windsor): M<br />

Calms (Ox(ord) bt L Go|nlc (Bucks), 9-0,9-1,<br />

9*1.<br />

TABLE TENNIS<br />

BURTON-ON-TRENT: British women's<br />

leeau*; Group one: L Farrow 6, Sunderland<br />

Ecfco-0; BelIes-5,' AHW,Belles.-1; Amity<br />

Generation 4, Pavilion 2; L Farrow 4, AHW<br />

Belles 2; Weston Bella 5, Amity Generatio n 1;<br />

Pavilion 5, Sunderland Echo 1. Croup two:<br />

Cssteil Alun 5. Quadrant 1; Oakes 6, Sulerlans<br />

0; Grove 18, Ormesby 1; Grove 18; Quadrant<br />

0: Casteii Alun 6, Suierlans 0; Oak 5, Ormasby<br />

1. Group three:'Fellows Craniey'5, Cydan<br />

Soverains 1; World of Sport 6, Guestltng 0:<br />

Graham Spicer 6. Milton Keynes 0; World of<br />

; South Korean Open: Men’s doubles:<br />

Final: S Davis (US) and P.Wekesa (Ken) bt J<br />

Letts (US) and 8 Man Son Hlng (US), 8-2.64.<br />

RIO .DE JANEIRO: Bsnespa Open? Men:<br />

Singles: Quarter-finals: L Mattar (Br) bt T<br />

Hogstedt (Swe), 8-4, 8-4; M Jalte (Arg) bt G<br />

Rivaa (Arg), 6-1< 6-3. SemMlnels: Matter bt C<br />

Motta (BrJ, &*4.6-3; Jalte bt T Witsken (US). 4-<br />

6.6*4.64.<br />

HIROSHIMA: Exhibition men't singles: J<br />

McEnroe (US) bt B Borg (Swe), 6-2,3*8,6*2.<br />

QUEEN'S CLUB, London: GM Vauxhall<br />

indoor ciub trophy: Sem!‘finals: Clearview<br />

Brentwood bt Coventry Racquet Centre, 2*0.<br />

Hatiamshire Flyers (Sheffield) bt Queen's<br />

Club, 2*0. Final: Hallamshire Flyers Sheffield<br />

bt Clearview Brentwood 2*1 (D Bishop bt P<br />

Coyte, 6-3,7*5: M Fumess lost to P Reekie, 2-<br />

8, 2-Br Blshlp and Fumess bt Coyle and<br />

Reekie. 8-4,6*4.<br />

KNARESBOROUGH: National ranking<br />

championships: Semi-finals: Men: D Shaw bt<br />

tres and marathon, a month<br />

later, in New Zealand,<br />

Jones named John Treacy, of<br />

Ireland, Ab^be Mekonnen, of<br />

Ethiopia, and Juma Ikaanga,-off<br />

Tanzania, as potential winners.<br />

Add Takeyuki Nakayama, of<br />

Japan, fourth in , last year’s<br />

Olympic marathon, and <strong>the</strong> race<br />

is probably more open than if<br />

Jones had competed.<br />

Today’s women’s race pitches :<br />

Ingrid Kristiansen against Joan ■;<br />

Samuelson (nee Benoit), <strong>the</strong>;<br />

1984 Olympic champion. : r<br />

YACHTING v<br />

AUCKLAND, New Zealand: Citizen Watch -<br />

Match: Round one: C Dickson (NZ) bt R '<br />

Wilmot (Aua); R Coutts (NZ) bt T Blackallar .<br />

(US); R Dickson (NZ) bt R Roydan (NZ); R<br />

Davis (NZ) bt V Bandolowaki (Den): P Talar<br />

(US) bt D Bad ford (GB). Round two,' Coutts bt •<br />

Royden; Davis bt Dickson: isler bt Wilmot; C •'<br />

DIcKaon bt Bandolowaki; Blackaller bt Bed*-•<br />

ford. Seml*finals: C Dickson (NZ) bt R<br />

Dickson (NZ), 2*0; R Davis (NZ) bt R Coutts '<br />

(NZ). 2*0. Final: Dickson bt Davis 2-1 , .<br />

TORTOLA, BrlWah Virgin. lalanda: 50*foot<br />

world championship: Fifth race: 1, Carat (W<br />

Forss, Swe); 2, Abracadabra (J Andrews, US);<br />

3, Champosa V (M Morlta. Jepan). British: 6,<br />

Biizzerd(E Juer). Sixth race: 1, Abracadabra;<br />

2, Carat; 3, Springbox. British: 6, Blizzard.'<br />

Standings: 1, Carat; 2, Abracadabra; 3,.<br />

Wlndquest; 4, Infinity. British: 7 ,Blizzard.<br />

LEAMINGTON: Spring series: Sixth race:<br />

Class II: Jacobite (S Jamee). Class V: My God<br />

Soverains 1; World of Sport 6, Guestltng 0:<br />

Graham Spicer 6. Milton Keynes 0; World of<br />

Sport 6, Cydan Sovaralns 0; Feilowa Cranley<br />

6, Milton- Keynes 0;. Graham Spicer 6. .<br />

GuastllngO. Group founBristol4, Benchstock<br />

2; Patsun Roses 5, Grove I11; Murrayfleid 5,<br />

' Newcastle 1; Murrayfleld 5, Grove |l 1; Patsun<br />

Roses 4, Benchstock 2; Bristol 5. Newcastle<br />

1. . • '<br />

W E E K E N D R UG BY UNION R E S U L T S<br />

BASKETBALL<br />

REPRESENTATIVE HATCH: Scottish Stu­<br />

dents 57, Oxbridge Students 10.<br />

North<br />

BIRMINGHAM: Cartsbeig League play-offs:'<br />

Seml-lln»l»: Murray Livingston 72, Bracknell<br />

63. Glasgow Rangars 87, Leicester City 67.<br />

CANOEING<br />

RIVER TBYWERYN, North Walss: Wortd Sheffield<br />

TOUR MATCH<br />

23 Anwrtcan EsglM 10<br />

; (Weet Hertlepool) - ' ■<br />

COURAGE CLUBS '<br />

CHAMPIONSHIP<br />

Third division '<br />

28 Maldstons<br />

BOXING<br />

BANQKOK: King's Cup amateur tournament<br />

Finals: Ughl-liy: C Sasakul (Thai) bt S'<br />

Hoonyon (Thai), pts. Fly: S Boonrod (Thai) bt<br />

Hen Kweng Hyung (S Kor), pts. Bantam: C<br />

Suwanyod (Thel) Bt R Jalnelz (Philippines),<br />

pts. Fea<strong>the</strong>r: A Hamatov (USSR) ot Lee Hoon<br />

(SKor), gt8. U g h t_K Z u e l o w _ ^<br />

216.97. Cl: M Wharton (earstang), 210.:<br />

C2: C Arrowsmlth and P Brain, 229.63.<br />

Plymouth........<br />

Rugby............<br />

/akefleld.......<br />

P W D<br />

10 10 0<br />

10 9 0<br />

10 9 0<br />

Wal________<br />

WHartlepool.. 10 5<br />

Nuneaton 10 S<br />

Exeter............<br />

FENCING<br />

middle: I Richter (EG) bt A Manvel (USSR),<br />

pts; Middle: H Maske (EG) bt C Wathakla<br />

(Kan),' pts, Unht-heavy: S Hurmagomed<br />

(USSR);bt M Orr (Aus). pts. Heavy: S<br />

Umlrbekov (USSR) bt P Joako (Swe), KO rd 3;<br />

Super-heavy; B Nielsen (Den) Dt Dong Ylyan-<br />

(Chine), pts.<br />

CYCLING<br />

IPSWICH: Women's ep^e International: 1, E*<br />

M Ittner (WG); 2, B Oslnoa (Neth); 3, Z Czocs<br />

(Hun). British: 6, P Tomlinson. •<br />

10 4<br />

Fylde:... 10 4<br />

Sheffield .10; 3<br />

Vale of Lune... 10 3<br />

Askeans...; 10 3<br />

Mat Police; 10 3. 0 .7<br />

Maidstone 10. 0 0 10 62<br />

L F<br />

0 291<br />

1 254,<br />

1 269<br />

1 4 152<br />

0 6 165<br />

0 8 130<br />

0 6 127<br />

1 6 146<br />

1 6 94<br />

8 128<br />

3<br />

. A Pta<br />

77 20<br />

. 88 18<br />

100.' 16<br />

113 11<br />

1B2 10<br />

154. 6<br />

157 8<br />

173 7<br />

.133, 7<br />

203 7<br />

2B2 6 .<br />

2740<br />

FOOTBALL<br />

LIEGE, Belgium: Uaoa-Baatogne-Uegs<br />

Classic: 1, S Kelly (Eire); 2, F PhlllP00t(Fr):3.<br />

p AndareonJAus), all s_ama tjma.<br />

ROTHERHAM: Horvey Walker Grand Piix (90<br />

mllas): A Doyle (Evar Raady), 3:20:00: 2, S<br />

Sutton (PMS-Falconl, at 1mln 30sac; 3, N<br />

Bamas (PMS-Falcon) aama tlma.<br />

DUNTON PARK: Team time trial (50km):<br />

. Parcy Bllton (P Curran, M Walsham, J<br />

Walsnaw, R Downs) 1:06.00sacs.<br />

ROAD RACES: Tour of <strong>the</strong> Fens (BVmlles): R<br />

Bradley‘(Anglia Sport), 3hr 15mln 42aac.<br />

Royal Mall Parcels Grand Prix (90 mllas): C<br />

Boardman (Manchester Wh), 3:44:37."<br />

ETON FIVES ~<br />

ETON; Kinnaird Cup: Final: B Mat<strong>the</strong>ws and J<br />

Reynolds bt A Gibson and D.Walnwright, 14-<br />

11,12-8,12-1. ■<br />

WEST GERMAN LEAGUE; Kaiseralautam 2.<br />

Bayar Uardlngen 0; VfB Stuttgart 3, Bochum<br />

SYQNEYi’Worid Cup; Oceania/Israel group:<br />

Second round queiifying match; Australia 1,<br />

Israeli.<br />

Final positions .<br />

P W D L F A Pta<br />

Israel 4 . 1 3 0 5 4 5<br />

Australia 4 1 2 1 6 5 4-<br />

Naw Zealand 4 . 1 1 2 , 5 7 3<br />

(Israel play winner o fS American Group 2 for<br />

place in finals) .<br />

Aberavon<br />

Abertillery<br />

Bath<br />

Cardiff<br />

Exeter<br />

Fylde<br />

Glamorgi<br />

Gosforei<br />

IsmorganW<br />

Liverpool St H<br />

London Irish<br />

Maesteg •<br />

Moseley<br />

Newbridge<br />

Newport<br />

Nortnsmpton<br />

Rosslyn Park<br />

GYMNASTICS.<br />

PARIS: International Open: Apparatus finals:<br />

Man; Floor V Mogullnyl (USSR). 9.500Dts.<br />

Pommel horse: F Rota (Switz), 9.680. Rli<br />

.................... JMi '<br />

Safe<br />

S Wales Police-<br />

. Tredegsr<br />

Vale ol Lune<br />

Wakefield ><br />

CLqB m a t c h e s<br />

16 Swansea '<br />

^ 17 MetPollca .<br />

43 UtneHl ! 1<br />

20 Neath<br />

12 Bled<strong>the</strong>ath '<br />

32 Headingiey<br />

2 6 -Penarth<br />

14 Leicester :<br />

16. Saracens .<br />

91 Askesns .<br />

16 Pontypool<br />

46 Waspa .<br />

25 .Richmond •<br />

26 Bristol .<br />

19 Nottingham<br />

17 Bridgend<br />

7 Gloucester<br />

27 Coventry<br />

12 Cross Keys'<br />

23 Orrell ' • '<br />

19 Nor<strong>the</strong>rn-<br />

38 7<br />

. 25<br />

12<br />

10<br />

.18<br />

10<br />

, 47<br />

31<br />

:1B<br />

6<br />

24<br />

15<br />

. 19,<br />

22<br />

19<br />

19<br />

•••' 4-<br />

: 24<br />

40<br />

33<br />

1, A Wecker (EG), 9,900:5,<br />

Horse* vault Wr _<br />

is:<br />

iay(GB),9.:<br />

/ang Chongsheng (China),<br />

9.600. Parallel bars: Chongsheng, 9,750.<br />

Horizontal ban Wecker, 10.000/ Women:<br />

Horse vault S Boginskaya (USSR) 9.625pts.<br />

Uneven bers: BoglnsKaya, 9,900. Beam: D<br />

Siiivas (Rom), 9.95D. Floor C Cutting (China)..<br />

9.950. • •<br />

MIDLANDS: Cfub matches: Amber Valley;29.<br />

Trentham ,3:' A ston. OE 16,: Old<br />

Leamingtoniana 7; A<strong>the</strong>rstone 0; Braworth<br />

39: Ayieabury 9, Stoneygate 16; Ayieatonians<br />

20, , Westwood 4; Belgrave 50, Old<br />

Boaworthlana 6; Birmingham Civil Service 4.<br />

Edwardjans 12; Boots 30, Mlchelln 0; Broad<br />

Street51, Melton Mowbray 0; Bromsgrove 14,<br />

V'. ;■<br />

mctonians 6: Buxton 20. Congleton 6;<br />

iCheaterfield 12, Sutton Coldfield 7; claverdon<br />

3, Tenbory 16; Daventry 30, Oiney 0;<br />

' Doncaster 13, Newark 24? Droitwlch 12,<br />

Cheltenham Saracens 3; Dudiey Klngswlnford<br />

19, Melllsh 10; East Retford 27^ Dlrmlngton 7;<br />

Erdlngton 26, Birmingham Welsh 0; Evesham<br />

' 10, Rugby II 42j,FiveWays 10, Old Saitleians<br />

9; Glossop 3, Old Bedlans 20; Hinckley 10,<br />

Westieigh 4; Hltchln -16, Biggleswade 32;.<br />

Keresley 27, Loughborough . 15;' Kidder--<br />

minster Carollans 32. Kenilworth 7; Kings<br />

Norton 7, Teiford 22;' Leamington 16,<br />

Stockwood Park 3;- Leek;16, Ruthin 1 1 ;:<br />

Llncolrl 17, Wigston 12; Lutterworth 39,<br />

Earlsdon 4; Manor Park-19, Aylestone St<br />

James.7: Manafield 35, Stafford 0; Market<br />

Rasen 13; Boston 9; Metlock 16, Scunthorpe<br />

15; Newcastle-36, Crewe and Nantwich 3;<br />

Newport (Selop) 33,. Handsworth 0; North-<br />

ampton BBOB 0, Coventry' Serecens 8 ;'<br />

Northampton Casuals 25. Klbworth 8; Notts<br />

Casuals 24.. Southwell 16; Old Centrala 49,<br />

Old Moselelsna 7; Old Cryptians 24. Matvem -<br />

4; Old Haiesonlans 22,' Nuneaton OE 33; Old •<br />

Newtonians 13, Osdby Wyggestonians 29;<br />

Oswestry 0, Ludlow 34; Okf Warwickians 56,<br />

Aicester 6; Old Ysrdlelans 17, Sally Oak 18;,<br />

Pershore 9. Moseley Nomads 9; Reddich 45,<br />

Blr^ifleld 7; Rolls-Rpyce 0, Kesteven 28;<br />

Rushden 39, Brackley 6; Sandal 14, Oerby 9 ;'<br />

Silhilllana 6, Veseyana 38; Solihull 19, Stoke<br />

on Trent 13:.-Spartana 40, Bumtwood 0;<br />

Stamford 3, Pavlors 38; Stoka .Old Boys 7,<br />

' Kettering 9: Stow on <strong>the</strong> Wold 10, Harbury 3;<br />

Stratford 38, Dlxohlans 8; Stroud 9, Walsall<br />

13;Tamworth 13, Camp HHI13; Towcestriana<br />

26, Old Northamptonians 6; Trinity Guild 54.<br />

NSouttr Leicester 0: Uttoxater .12, Walsall<br />

United 6; Wednesbury 6, Bewdley 16;'<br />

Westcombe Park 52, Peterborough 4;<br />

Wellingborough 13,Syaton 13; Wilienhail 12,<br />

Whitchurch 12; Worcester 12, Bridgwater and<br />

Albion 10; Yardley 11, CoventryStandard 13.<br />

NORTH; Club matehes: Adwick*le-Street 4,<br />

Barton and District' 6;r. Alrebronlans 7,<br />

Dronfield 18; Bamsiay 30, Msiton and Norton<br />

Otlienslans 15; Hemsworth 24, Pocklington 7;<br />

Hassle 7, Scarborough 6; Huddersfield 22,<br />

Harrogate 13; llkley 27, Belldon 0; lonlans 26,<br />

Heath 12 ;'Keighley 19, Rouhdheglans 17;'<br />

Kendal 18. Bradford and Blngley -12;<br />

Leodiensians 43,; Northallerton 6; Maccles­<br />

field 42,-Caidy 10; Manchester 16, New<br />

•Brighton 9;-.Matlock 18, Scunthorpe .15:<br />

Moortown 36, Percy Park 7? Morpeth 18,<br />

:: Alnwick 17rOkfCro&8leyan836,Sedgley Park<br />

3; Otiey Saracens 40, Leeds CsSA 10;<br />

Phoenix Park 17, Leeds YMCA 9; Pontefract<br />

.27, Uttieboroiigh 3; Ponteland 20, Wailsend 4;<br />

Rochdale 6, Oldham 16; Rockcliff 11, North<br />

Shields 6; Ro<strong>the</strong>rham 20, Beverley 13;.Ryton'<br />

22, North Durham 7 ;-Sandal 14, Derby 9;<br />

' Seghill 12, Novocastrians 13; • Selby. 21,<br />

■ Bradford Salem?; Sheffield 26, Meldslone 3;<br />

Sheffield Tigers 14; Goole 12; Southport 23,<br />

Heaton Moor 18; Stockton 23, Hull and ER 0;<br />

Sunderiand 33,-Whitby 10; Warrington 13,<br />

-Merseyside Pollce15;Wharfedale^3,Acklam -<br />

23; Wheatley Hills 4. Roundhay Trojans 17;<br />

Wlbsey 27rHullen8lans 6; Widnes 17, West<br />

Park e; Wllmslow 6. Halifax 28; Winnlngton<br />

13; B!aydon39, Ashington 9; Blyth 25, Redcar<br />

16; Bramley 34, Rlpon 19; Bridllrigton 13, •<br />

West Psrk Bramhope 19; CasUef6rd24, Leigh<br />

12;.CIeckheaton 25, Skipton 6; Davenport .15,<br />

Preston' Grasshoppers 30; Doncaster 13.<br />

Newark 24; Driffield 6, Old Brodlalans 15; East<br />

Rstford 27, Dinnington 7; Gateshead Feii 23.<br />

Darlington' 12;. Halifax Vandals 15, Oki<br />

Park I^Lymm 10; Worksop 10, West Leeds 8 :<br />

(abandoned); Yembury 10. Leede Corinthiene<br />

6: York 6, Thomenslans 10; York Rl 38, Old<br />

. Hymerlsns 11. ' , ;<br />

WEST; Chib matches! Barnstaple 23, Redruth .<br />

0; Berry HIH:39rNorth'Bristol -United 24;<br />

Bkleford 15, Newquay Hometa 12;,Blagdon<br />

16, Backwell 21; Bristol United 43, Newport*<br />

United 10; Brlatol Hariequins 27, Blshopston<br />

10; Brixham 12, Lydney 13; Burnham on Saa-<br />

45, Broad Plain 8; Camborne 36, Devon and<br />

. Cornwall PoBce14; Cheddar 22, Castie Cary.<br />

'4; Chippenham 7, Ashley Down 0; Clavadon 7.<br />

DInga Crusaders 23; Cotham Park 13, Old<br />

Bristolians 22; Falmouth 13, Launceston 29;<br />

Hiogan Park 9, Truro 6;' Imperial 13, Bristol<br />

Saracens 22; Keynsham 23, Thombury 12;<br />

• Kingswood26.Westbury9;MldsomarNorlon<br />

- 23. Swansge and Wareham 14; Minahead13,<br />

Brldport 12; Morganlans 25, Old Cothamlans<br />

4; Old Sullans 16,-Andover 8 ;;Penryn 30, '<br />

Devonport Services 10; St Austell 9, Plymouth<br />

Extras 17; St Brendan's Old Boysi4, Bristol<br />

Telephones 20; St Ives 42, Hayle 0; South<br />

WeatGasS, AretianaB; Penryn30, Devonport'<br />

Services 10; Torquay Athletic 20, Esher 3;<br />

Worcester 12, -Bridgwater‘-and Albion -10;<br />

Welle 24, Bath. CS .4;iWHveiiscombe-14,<br />

Newton Abbott.6; Yatton 10,:St Mary’s Oid-<br />

Boys 10. .<br />

R Oades, 6-1, 6-1; S Haron bt D Munro, 6-2.6-<br />

2. Women: I Wild bt J Donald 6-3, 6-0; D<br />

Attweii bt J Craven 6-2,6-2.<br />

VOLLEYBALL<br />

NEWCASTLE UPON TYNE: British students<br />

triangular Men: Colleges 2, Polytechnics 3;<br />

Universities 3; Colleges 0; Universities 3,<br />

Polytechnics 0. Women: Universities 3, Col­<br />

leges 0: Colleges 0, Polytechnics 3; Univer­<br />

sities 3, Polytechnics 0.<br />

I RELAND: Ulster Al B Senior Cup: Semi-final:<br />

Bengor 25. Instohlens 9 (Ravenhli)). Senior<br />

e!ub:ClYMS 10. City of Derry 15: Dungannon<br />

16, Bellynahinch 18: Usbum 32, Queen’s<br />

University 13. Cancelled: NIFC v Portadown.,<br />

Leinster Senior Cup (Lensdowne Road):<br />

Quarter-final: St Mary's College 13, Wander-<br />

ers 9. Qua rlar-ffnal replay:Terenure 18, Clon-<br />

tarf 12. Senior club: Monkstown 39, Civil<br />

Service 0. Munster. Senior Leegue: Constitu­<br />

tion 14, Garryowen 13; Bohemiens 3, Young<br />

Munster 16.<br />

SCOTLAND: McEwan’a National League:<br />

Sixth division: Old Aloysians 0, Wayslders 44.<br />

River Seriea Trophy: Third round: Dumfries<br />

25, Grangemoulh 7. Murrayfleld Cup: Third<br />

round: Cumbemeuid 32. Liberton 9. Glasgow<br />

end District League: First division; Hyndiend '<br />

•FP 9, Isle of Mull 19. Second division:<br />

Shawlends 0. Strath a von 27. Renfrewshire<br />

Cup; First round: Paisley 35, Greenock<br />

Wanderers 0. Club matcnes: Ayr II 16,<br />

Clarkaton 13; Hutchesona II40, Gemock 16;<br />

Cumnock II47. Slrathavon 0; Whltecraigs 9,<br />

Cralfllelaa-12; Hamilton Academicals 28.<br />

Lenzle II 20; Edinburgh Wanderers 26.<br />

• Hartlepool Rovers 3; Broughton. Park 18,.<br />

West of Scotland 34. Seven*a-slde tour*<br />

nament finals; Hawick: Jedforrest 34. Mel­<br />

rose 6. Kirkcaldy: Kirkcaldy 20, Howe of Fife<br />

16. Certha Queen's Park; Hawick Trades 28,<br />

Carlha Quean's Park 8. Peebles: Edinburgh<br />

Academicals 32, Musselburgh 6. Stawartry;<br />

AT<br />

Nunn).<br />

WAR8ASH: Fifth race: IOR: Sunstone (T and<br />

V Jackson). CHS Division I; Flair II (j.-<br />

Macgregor). CHS Division II: Red Fox (H<br />

Bewes). CHS Division III; Pluto (R Adams).<br />

Sigma 38: Biscuit (M Kemp), Sigma 33: Blaze:<br />

" McNeill). J24; Not Just Now (M Sparks).<br />

Slgi<br />

fWi<br />

Imp<br />

mpala: Super Sparks (O Ide). Sonata: The<br />

Maan Machine (D HarckhamKSpr^-<br />

In The Box (T Platt),<br />

sity 14. North Berwick; North Berwick 38,<br />

Preston Lodge 12. Strathandrick: West of<br />

Scotland 30, elrkmyre 12. Ross Su<strong>the</strong>rland:<br />

Moray 28; Highland 24. Selkirk Junior Selkirk<br />

A 30, HawlcK Trades 12. Gala Wanderers:<br />

Gala Wanderers A 34. Gala Wanderers B 10.<br />

Forreater unde<strong>MB</strong>: Boroughmulr 18.<br />

Heddlngton14,<br />

COLTS INTERNATIONAL France Youth 20,<br />

England Colts 8 (Perpignan). •<br />

WOMEN'S REPRESENTATIVE MATCH: Scot­<br />

tish Students 0, North of England Students 40.<br />

Yesterday •<br />

IRELAND: Leinster Senipr .Cup; Quarter­<br />

final: Lansdowne 10, Bectlve -Rangers 10<br />

. (replay Wednesday at Lansdowne Road).<br />

, 4<br />

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40 MONDAY APRIL 17 1989<br />

The lesson of <strong>the</strong> <strong>Hillsborough</strong><br />

disaster is that a<br />

combination of <strong>the</strong> modem<br />

threat , of hooliganism and an<br />

olit-of-date stadium is still a<br />

potential catalyst for death in<br />

( any crowd exceeding 50,000.<br />

The two immediate steps<br />

for <strong>the</strong> Government to decide<br />

-- and <strong>the</strong>refore <strong>the</strong> Minister<br />

of ' Sport and <strong>the</strong> Football<br />

Association — are that FA Cup<br />

semi-finals must henceforth<br />

be. played at Wembley and<br />

that fiiir<strong>the</strong>r reductions are<br />

essential in <strong>the</strong> permitted,<br />

capacity of standing enclosures.<br />

A dditionally,. all<br />

restraining fences, preventing<br />

invasion of <strong>the</strong> pitch, must<br />

.. have large emergency gates, or<br />

gaps as in front of <strong>the</strong> Kop at "<br />

Anfield, which provide a<br />

safety valve, ;■<br />

.1 do not. think that<br />

Liverpool should withdraw<br />

By John Goodbody<br />

and Stuart Jones<br />

The FA Cup competition is<br />

likely to be completed at<br />

Wembley on May 20 despite<br />

<strong>the</strong> death Of 94 people at <strong>the</strong><br />

Liverpool-Nottingham Forest<br />

semi-final at <strong>Hillsborough</strong>,<br />

Sheffield,; on Saturday. Officials<br />

of<strong>the</strong> Football Association<br />

will; make a decision<br />

ei<strong>the</strong>r today or tomorrow.<br />

It is understood that plans<br />

are alreiady being made for <strong>the</strong><br />

semi-final to be played at Old<br />

Trafford,, Manchester, on<br />

April 29.<br />

. Graham Kelly, <strong>the</strong> chief<br />

executive of <strong>the</strong> FA, said,<br />

yesterday that <strong>the</strong> FA wanted<br />

some time to elapse between<br />

<strong>the</strong> events of Saturday and any<br />

decision, to continue <strong>the</strong><br />

Competition.<br />

; “I personally doubt whe<strong>the</strong>r<br />

<strong>the</strong> Football Association,<br />

would wish to abandon <strong>the</strong><br />

competition,” Kelly, said.<br />

“But I could easily understand<br />

if people came here with a<br />

different view.” ;<br />

The FA executive committee.<br />

is meeting at Lancaster<br />

Gate tomorrow, but Kelly said.<br />

H ILLS B O R O U G H H IS T O R Y<br />

Built: 1899. Known as Owlerton until<br />

1912! ; :<br />

Record crowd: 72,841, .FA Cup fifth<br />

round, : February 17. , 1934, v<br />

Manchester City: .<br />

Present capacity: 54,101.<br />

Landmarks: -South Stand: opened-,<br />

1914. North Stand, at time of<br />

opening in 1961, was <strong>the</strong> most<br />

advanced grandstand at a British<br />

football ground. The decision to<br />

stage' four World Cup matches in<br />

1966 precipitated <strong>the</strong> building of <strong>the</strong><br />

West Stand, at <strong>the</strong> Leppings Lane<br />

end, in 1965 and extra seating was<br />

put in <strong>the</strong> South Stand's paddock;<br />

lowering capacity to 60,000 but<br />

giving <strong>Hillsborough</strong> mote seats than<br />

any o<strong>the</strong>r ground, at <strong>the</strong> time. In<br />

1986, £1 million was spent to cover<br />

<strong>the</strong> Kop. The West Stand has 4,465<br />

seats in an upper tier and open<br />

terraces at <strong>the</strong> front for 9,100. Third<br />

largest ground, in England. Apart<br />

from World Cup games in 1966, was<br />

used for England matches against<br />

Scotland (1920) and France (1962).<br />

that he was in constant contact<br />

with; o<strong>the</strong>r officials and<br />

Liverpool' and Forest. It is<br />

possible that a decision will be<br />

made later today. .'<br />

After an emergency meeting<br />

of <strong>the</strong> Liverpool board yesterday,<br />

John Smith, <strong>the</strong> chairman,<br />

urged <strong>the</strong> football<br />

authorities to suspend all his<br />

club’s, matches for an indefi-<br />

jiite. period, Liverpool's home<br />

match with West Ham on<br />

Wednesday has already been<br />

postponed, and <strong>the</strong> match<br />

FOR FAST<br />

C O M M ENTA R Y<br />

David<br />

Miller<br />

Chief Sports<br />

Correspondent<br />

from <strong>the</strong> semi-final or from,<br />

<strong>the</strong>ir remaining League fix-'<br />

tures, <strong>the</strong>reby surrendering<br />

<strong>the</strong> championship. Manchester<br />

United did not withdraw<br />

from <strong>the</strong> FA Cup or<br />

European Cup after, <strong>the</strong> Munich<br />

air disaster of 1958. Life<br />

must go on.<br />

The restaged semi-final<br />

would be best played at Wembley,<br />

and <strong>the</strong> sooner even our<br />

ancient stadiums are con;<br />

verted to all-seat accommodation<br />

<strong>the</strong> better.<br />

There is an appalling in­<br />

evitability of <strong>the</strong> kind of<br />

i tragedy that overtook <strong>the</strong><br />

Liverpool-Nottingham Forest<br />

match: too many spectators<br />

converging in a congested<br />

approach area outside <strong>the</strong><br />

stadium built in confined'<br />

spaces almost a century ago<br />

and commercially still geared<br />

to overcrowding inside.<br />

I will' never forget <strong>the</strong><br />

agonized cries of anger, of<br />

some survivors, with whom I<br />

talked on <strong>the</strong> pitch while<br />

feliow spectators were still<br />

dying around us on <strong>the</strong> grass,<br />

protesting that football<br />

authorities treated, <strong>the</strong>m as<br />

animals. .<br />

Sadly, so many spectators<br />

oyer <strong>the</strong> past 25 years have<br />

gratuitously behaved like ani-<br />

mals, never mind <strong>the</strong> indignities<br />

of cramped,, dirty,<br />

inadequate old stadiums, that<br />

<strong>the</strong>ir cries now of anguish<br />

have tended to become<br />

drowned by cynicism.<br />

Those that survived on<br />

<strong>Hillsborough</strong>’s north, end ter-<br />

race cannot complain about,-<br />

inefficiency by <strong>the</strong> FA or ;<strong>the</strong><br />

police without recognizing<br />

that crowds outside <strong>the</strong> stadium<br />

were placing an almost<br />

intolerable pressure upon' <strong>the</strong><br />

police, helping to force <strong>the</strong>m<br />

into <strong>the</strong> gate-opening decision<br />

that was to prove catastrophic.<br />

This disaster would never<br />

have happened in, say,'<br />

Dusseldorf or Barcelona or<br />

Rome, because <strong>the</strong>se new<br />

stadiums have massively<br />

broad approach areas, with an<br />

outer ring of turnstiles which<br />

controls <strong>the</strong> 'flow towards <strong>the</strong><br />

stairs leading to <strong>the</strong> seats and<br />

standing areas.<br />

What is so ironic is that<br />

English football tries to keep<br />

pace with Europe by paying<br />

millionaire salaries and transfer<br />

fees for a minority of<br />

piayers, yet still cannot guarantee<br />

.safety to law-abiding<br />

spectators. Only a minority of<br />

Liverpool or Nottingham Forest<br />

fans are potential hooligans.<br />

Thousands of <strong>the</strong>m had<br />

enjoyed a drink beforehand on<br />

Saturday at <strong>the</strong> same pubs. /<br />

Hooliganism has • necessarily<br />

forced <strong>the</strong> police and <strong>the</strong><br />

FA to operate in.a condition of<br />

fear of disorder. - Graham<br />

Kelly says that he is not sure if<br />

Liverpool spectators are justified<br />

in being angry. They are,<br />

because Liverpool, with average<br />

gates of 40,000, received<br />

3,000 fewer tickets than<br />

Nottingam Forest, with average<br />

gates o f19,000. That was<br />

because <strong>the</strong> South Yorkshire<br />

Police wanted Liverpool,<br />

arriving, via <strong>the</strong> Pennine<br />

motorway, to occupy <strong>the</strong><br />

smaller nor<strong>the</strong>rn end, and<br />

Forest, arriving on <strong>the</strong> Ml, to<br />

occupy <strong>the</strong> sou<strong>the</strong>rn Kop end.<br />

Traffic jflow planning helped<br />

precipitate disaster.<br />

Kelly suggests <strong>the</strong> Leppings-<br />

Lane end was “under capacity”,<br />

which self-evidently was<br />

untrue once <strong>the</strong> police opened<br />

<strong>the</strong> gates to admit even non-<br />

ticket holders. Fur<strong>the</strong>rmore,<br />

Kelly says- <strong>Hillsborough</strong>- is<br />

' “magnificently appointed”,<br />

when it is no more than a<br />

patched-up old stadium.<br />

The FA .and <strong>the</strong> police<br />

made, with hindsight, some,<br />

terrible mistakes, but <strong>the</strong>y are<br />

not accountable for <strong>the</strong> threatening<br />

behaviour of spectators,<br />

over 25 years. Until Engtend<br />

can afford to build modern<br />

stadiums on <strong>the</strong> .city boundaries,<br />

safety demands even<br />

smaller crowd limits than<br />

those established by <strong>the</strong> Safety<br />

in Sports Grounds Act.<br />

Crisis conference: Graham Eelly^<strong>the</strong> chief executive of; <strong>the</strong> Football Association* discussing <strong>the</strong> fate of this; season’s FA Cup competition yesterday<br />

against Arsenal on Sunday —<br />

due to;; be televised live : —<br />

looks highly doubtful.<br />

Liverpool must play four ■<br />

o<strong>the</strong>r matches to complete<br />

<strong>the</strong>ir programme, and <strong>the</strong>y.<br />

have until June 1 in which to<br />

do so. : '1<br />

• Smith believes <strong>the</strong> FA Cup • ,<br />

should go on. “Our immediate<br />

concern is for <strong>the</strong> families of<br />

<strong>the</strong> bereaved and i <strong>the</strong> injured<br />

to whom: we extend our<br />

deepest sympathies,” he said.<br />

“We have resolved to make an<br />

immediate contribution of<br />

£100,000 to open a charitable<br />

fund ' for <strong>the</strong> relief of • <strong>the</strong><br />

families and victims. I think<br />

people who feel sorrow would ;<br />

ra<strong>the</strong>r do .something' positive:'<br />

Ra<strong>the</strong>r than <strong>the</strong> abandonment<br />

o f ; <strong>the</strong>: games altoge<strong>the</strong>r, r I ■<br />

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A M EM B E R O F T H E C O N T tN U O U S ST A T IO N E R Y PLC G R O U P<br />

think <strong>the</strong> donations of jhe<br />

monies from <strong>the</strong> FA and <strong>the</strong><br />

clubs should be -used for <strong>the</strong><br />

t>ositiye purpose, of helping,<br />

<strong>the</strong> bereaved. •<br />

, “It should be used to assist<br />

<strong>the</strong> injured, starting a new<br />

<strong>the</strong> BBC, which has .<strong>the</strong>: con-. reluctance to play again in <strong>the</strong>;<br />

tract ; for: <strong>the</strong> FA Clip,. to " immediate future. “How can<br />

coritinue with <strong>the</strong> tournament. ; <strong>the</strong>y ■ be expected to play<br />

“We’ can' cancel <strong>the</strong> com- football under , such circurri-’<br />

<strong>the</strong> major gamesjto,be played<br />

at •' venues where' <strong>the</strong>re are<br />

more seats’ ; tha:ri standing<br />

places. ' : 1 ■: .<br />

. He also said <strong>the</strong>re was a “big<br />

First published 1785<br />

are<br />

In a way, this is more shocking<br />

than any air disaster. Everyone<br />

who steps into an aeroplane,<br />

no matter how blase a<br />

traveller he is, suffers, an<br />

intimation , of mortality as. <strong>the</strong><br />

stewardess points out <strong>the</strong><br />

emergency exits.<br />

The <strong>Hillsborough</strong> disaster<br />

seems worse because <strong>the</strong> vie-,<br />

tims had not set out on an<br />

expedition which carried any<br />

suggestion of horror. They had<br />

gone for a Saturday afternoon<br />

jolly. They had gone in search<br />

of <strong>the</strong> gratuitous passion and<br />

spurious excitements of sport:<br />

<strong>the</strong> jolliest and most trivial of<br />

pursuits.<br />

That <strong>the</strong>y died for <strong>the</strong>m is<br />

horribly disturbing. The fact<br />

that with better planning,<br />

- organization -and reactive<br />

skills this could have been<br />

avoided makes it all a great<br />

deal worse.<br />

The people who died are <strong>the</strong><br />

victims of contempt. Football<br />

supporters have long been<br />

held in total contempt: by <strong>the</strong><br />

Government, by <strong>the</strong> police, by<br />

<strong>the</strong> football authorities and by<br />

<strong>the</strong> clubs that <strong>the</strong>se people<br />

support. Every facet of <strong>the</strong><br />

game, from <strong>the</strong> Government<br />

that seeks to impose legislation<br />

on <strong>the</strong> supporters,<br />

through to <strong>the</strong> competitive<br />

structure of <strong>the</strong> game, and on<br />

to <strong>the</strong> physical provision for<br />

. supporters, is tinged1 by this<br />

contempt.<br />

Hooliganism thrives in such<br />

an atmosphere, and this in<br />

turn inspires a greater contempt<br />

in <strong>the</strong> rest. Thus <strong>the</strong><br />

spiral, continues: greater contempt,<br />

increasingly defiant-<br />

hooliganism.<br />

The companion to this contempt<br />

is greed. After all, why<br />

spend money to improve football’s<br />

famously .horrible lavatories<br />

.when'.. “<strong>the</strong>y” don’t<br />

deserve it? Why make football<br />

grounds pleasant? Cram <strong>the</strong>m<br />

in, take as'much money as you<br />

dare to charge, that’s <strong>the</strong> way.<br />

Spend a million quid on a<br />

player, spend <strong>the</strong> legal minimum<br />

on ground safety and<br />

spend next to nothing on<br />

comfort.<br />

Wringing out <strong>the</strong><br />

last drop of money<br />

English football’s response<br />

to <strong>the</strong> ban from Europe has<br />

been to introduce more and<br />

more meaningless domestic<br />

competitions, plus <strong>the</strong> rev-<br />

enue-boosting play-off system.<br />

Quite transparently, <strong>the</strong> idea<br />

is to wring <strong>the</strong> last: drop of<br />

money out of . “<strong>the</strong>m”. The<br />

attitude is perfectly consistent.<br />

Give <strong>the</strong>m rubbish, <strong>the</strong>y’ll lap<br />

it up.<br />

For <strong>the</strong> police, contempt is<br />

second nature, a knee-jerk<br />

response to trouble. And <strong>the</strong>ir<br />

job of lion-tamers to football<br />

supporters is certainly one to<br />

inspire fear and loathing.<br />

Naturally, <strong>the</strong>y, fall into<br />

expedient: anything to get<br />

“<strong>the</strong>m” off <strong>the</strong> streets and<br />

penned in where <strong>the</strong>y can “be<br />

controlled”.<br />

This attitude is exploited by<br />

Simon<br />

Barnes<br />

supporters at all-ticket<br />

matches:. police would sooner<br />

confine ticketless fans in a-<br />

football ground, than have<br />

“<strong>the</strong>m” roaming <strong>the</strong>.. streets.<br />

So ticketless fans arrive in<br />

force. It has certainly happened<br />

before: whe<strong>the</strong>r this is<br />

what happened on Saturday<br />

we shall, I hope, find out.<br />

It is a very English problem.<br />

I’ve been to dozens of sporting<br />

occasions in <strong>the</strong> United States,<br />

and always found <strong>the</strong> contrast<br />

with British football quite<br />

stunning. The facilities, even<br />

of <strong>the</strong> oldest stadiums, are<br />

splendid: for a start, that<br />

.greatest of luxuries, freedom<br />

to move about, is built in .'<br />

You can often buy food and<br />

drink without leaving your<br />

seats; and <strong>the</strong>re'are generally<br />

a lot of people selling more<br />

. within easy reach. And yes,<br />

<strong>the</strong>y have proper “rest<br />

rooms”; you know how Americans<br />

always insist ori that.<br />

The lesson<br />

from America<br />

But it is not just <strong>the</strong>iacilities<br />

that make <strong>the</strong> difference. It is<br />

<strong>the</strong> fact that <strong>the</strong> customer/<br />

supporter/fan is wooed, cherished<br />

and made much of. He<br />

feels privileged to be <strong>the</strong>re —<br />

or she does, because women<br />

are encouraged at American<br />

sporting events, and that: air<br />

ways makes for a more civilized<br />

atmosphere.<br />

The only, leading British<br />

stadium I have been to that<br />

has anything like , <strong>the</strong> same<br />

feeling of privilege is Ibrox —<br />

yes, Ibrox, where 66 people<br />

were killed in a similar<br />

disaster in 1971. Money has<br />

been poured into that stadium<br />

since .<strong>the</strong>n. . Four stands sur-<br />

1 round <strong>the</strong> pitch like giant cliffs<br />

and most supporters -have<br />

seats. The self-confidence and<br />

<strong>the</strong> sense of privilege- is Very<br />

un-English.<br />

■ Clearly something must .be<br />

done to solve <strong>the</strong> problem'of<br />

English football. The (Government<br />

is doing something: trying<br />

to impose its identity card<br />

system. Therefore, <strong>the</strong> Government<br />

believes,-it is solving<br />

<strong>the</strong> problem:, this is. a classic<br />

Yes, Minister argument , that<br />

follows this logic: all dogs have<br />

four legs: my cat has {our legs:<br />

<strong>the</strong>refore my cat is a dog. ■ ;<br />

In fact, this scheme, like .all<br />

o<strong>the</strong>rs, reflects nothing ; but<br />

contempt;, <strong>the</strong> -age-old contempt<br />

that is part of <strong>the</strong><br />

English class system, and<br />

<strong>the</strong>refore part of British sport.<br />

It is something' that classless<br />

America has always lacked. I<br />

hope that <strong>the</strong> , horrors ori<br />

Saturday will herald a change<br />

in attitude: not how better to<br />

corral, control and -confine<br />

“<strong>the</strong>m” — but how to make<br />

football a., pleasure for. its<br />

followers. That way sanity and<br />

safety lie.<br />

petition .tomorrow,” he said. , stances?” he asked.<br />

Earlier-;, yesterday, Peter Wcmblcy haS: announced ;<br />

Robmson, <strong>the</strong> chief executive. tj,at js prepared to donateall-<br />

: question mark -about perim­<br />

beginningand makirigfootball of Liverpool. said: ■ We:have <strong>the</strong>funds from <strong>the</strong> .replayed, eter fencing”. : which ; - pre­<br />

seen as it should be seen —as a to play again.. Life^ goes^ on FA.Cup semi-final, if it-were , sented some people - .from<br />

■ sport for families.' That would; after ^ragedy but just . how. staged at Wembley; and <strong>the</strong>'■ escaping-.on to <strong>the</strong> pitch cjn<br />

be better than <strong>the</strong>' knee-jerk s°on 1 c°uld not really say. , Final,scheduledibr May 20, ■' Saturday/When, <strong>the</strong> fire broke<br />

reaction of some people who . >Meanwhrie,v .Maurice . :to.<strong>the</strong> disaster fiind;:<br />

out in <strong>the</strong> stand at Bradford<br />

simply want to abandon <strong>the</strong> Roworth, <strong>the</strong> Nottingham •• ^ . ' : ' ■ ' four years1 ago, <strong>the</strong>re would<br />

game and leave it: at that for • . Forest • chairman, pledged to :■ Kelly yesterday also made; have been even more casual­<br />

this season. Not only would it “support to <strong>the</strong> hilt” all efforts clear where ..he; saw <strong>the</strong> future ties thari <strong>the</strong> 56 who died if<br />

provide 1 assistance for <strong>the</strong> to- help <strong>the</strong> bereaved and o f : football stadiums. “My <strong>the</strong>re had been fencing in<br />

individuals but for <strong>the</strong> fans.of injured in <strong>the</strong> disaster. ’ personal Opinion -is that we place.<br />

football' who ’ would feel that He said that both .<strong>the</strong> club must move fans’ preferences 'Kelly also questioned<br />

<strong>the</strong>y had made a contribution and <strong>the</strong> city of Nottingham away, from <strong>the</strong> ritual of stand- whe<strong>the</strong>r . tickets . should be<br />

in <strong>the</strong>ir own'way to express would : also support any de- irig on <strong>the</strong> terraces. That\area . “filtered” before <strong>the</strong>y reached<br />

<strong>the</strong>ir condolence arid grief.”; ■ cisions taken by <strong>the</strong> FA about does not haye^ any place if .it <strong>the</strong> tunistilesj'possiblyiat bar­<br />

■ ' Kelly said <strong>the</strong>re were; no <strong>the</strong> competition. He said; he \ leads'to , what, happened yes- riers erected some way froin<br />

contractual ^ difficultieswith fully understood Liverpool’s terday,” he; said. . Kelly wants <strong>the</strong> stadiums: . .<br />

By Clive White<br />

^EyertOn’s; One of <strong>the</strong> many 'questions <strong>the</strong> eligible to hold semi-finals.<br />

disaster has raised was why “We’re very well seg-<br />

By Stuart Jones, Football Correspondent<br />

<strong>the</strong>: kick-off was not delayed.<br />

Joy turned<br />

; regated,” Friar said. “We have<br />

When Liverpool played always maintained that <strong>the</strong><br />

’The England/internationals in . be. physically fresher than <strong>the</strong>: TheForest playere will.' in-v<br />

Arsenal in <strong>the</strong> third round of field of play is our safety<br />

<strong>the</strong> . Liverpool and Notting- England ■ manager had’ .ex­ stead be under; potentially<br />

i. ham Forest sides will today be<br />

to sorrow <strong>the</strong> Littlewoods Cup at valve. When you. have lateral<br />

pected. Nei<strong>the</strong>r Barnes nor. greater stress. Pearce, Walker<br />

Highbury ori November 9, fencing, as all grounds do,.you<br />

selected for <strong>the</strong> -World Cup Beardsley will . be on active. and Webb, who took part’in By Ian Ross and a crowd of similar mag­<br />

qualifying .tie ’against Albania .<br />

must have a means of escape'<br />

duty until <strong>the</strong> party assembles <strong>the</strong> 2-i victory in Albania last,<br />

at Wembley, next week. The at <strong>the</strong> weekend.; ■" : V month, have since been iri- .<br />

The officials and players of. nitude to that at <strong>Hillsborough</strong> in emergency.”<br />

England manager, Bobby Liverpool’s first division volved in more than two Evertori yesterday expressed on Saturday ga<strong>the</strong>red, <strong>the</strong>’ Martin Edwards, <strong>the</strong> chair­<br />

Robson, who has decided-hot: fixture against Arsenal, <strong>the</strong> fixtures ,a week. Never<strong>the</strong>less,<br />

<strong>the</strong>ir .grief at. .Saturday’s kick-off was put: back 15 man of Manchester .United,<br />

to alter’ <strong>the</strong> timing of his subject o f a prolonged and <strong>the</strong>y are certain to be retained... •<br />

events. Everton’s joy at niihutes to enable a smoo<strong>the</strong>r thought that perimeter fencing<br />

announcement', .will probably bitter dispute between <strong>the</strong> The list of names will<br />

defeating Norwich.. City and passage for spectators into <strong>the</strong> was something that would<br />

keep, his squad unchanged as Football Association and <strong>the</strong> include few; if any, surprises. reaching a fourth FA Cup final<br />

•ground.<br />

have to be reconsidered by<br />

well. . ;<br />

Football League, is not to take Smith,' <strong>the</strong> Arsenal centre in six years'was short-lived,' Like <strong>Hillsborough</strong>, High­ everyone. ' ,-<br />

Although those who ap­ place at Anfield on Sunday, forward and <strong>the</strong> recent victim<br />

for within minutes <strong>the</strong>y were bury was faced with a vast: “If a disaster can happen at<br />

peared in <strong>the</strong> FA Cup- semi­ after all. Robson’s ' fears bf a fractured cheekborie,'is :<br />

informed of <strong>the</strong> <strong>Hillsborough</strong> number of late arrivals amorig Sheffield with perimeter fencfinal<br />

at <strong>Hillsborough</strong> may be concerning possible . injury unlikely to be considered but<br />

tragedy. “It is very difficult to a 54,000 crowd. Kenneth ing, it can happen, elsewhere,”<br />

scarred mentally by <strong>the</strong> tragic and fatigue have <strong>the</strong>refore his probably ' understudy,<br />

put into words <strong>the</strong> contrasting Friar, <strong>the</strong> managing director he said.:He did not,, however,<br />

events, Liverpool’s repre­ been allayed , under <strong>the</strong> most Harford; of Luton Town, has<br />

emotions experienced over- of Arsenal, who was in charge believe that dry moats would<br />

sentatives promise at least to dreadful circumstances. . been summoned before<br />

<strong>the</strong> course of a few minutes. of crowd operations, esti­ be a practicable alternative.<br />

As <strong>the</strong> team , left <strong>the</strong> pitch we mated that <strong>the</strong>re were about “It would be easy enough to<br />

were a|l elated. Then we were 1,000 admissions every put one in when you. are<br />

told about what had happened . minute for <strong>the</strong> last 20 minutes purpose-building a stadium.<br />

Lesson of Heysel not learnt in Sheffield,” <strong>the</strong> manager, before <strong>the</strong> evening kick-off, But .most existing grounds<br />

Colin Harvey, said. “What which had already been given would not have <strong>the</strong> space.”<br />

By John Goodbody .<br />

should have been a memo­ a later start than usual.<br />

; .' Reginald Burr, <strong>the</strong> Millwall<br />

Messages of condolences fro m<br />

rable day was reduced to “We wouldn’t just open <strong>the</strong><br />

chairman, said that he could<br />

representative to UEFA, said revenge, <strong>the</strong> price has been<br />

allJ over <strong>the</strong> world began<br />

nothing; nothing at all.” gates to let people in willynot<br />

see how moats would offer<br />

that readmittirig English clubs paid by Liverpool fans.”<br />

arriving in Britain immediate­<br />

Although <strong>the</strong> Football nilly,” he said. “Because once<br />

a realistic means of contain­<br />

had to be “seriously ques­ Michel Platini, one of<br />

ly, after <strong>the</strong> disaster at<br />

Association has to announce you open gates, you tend, to<br />

ment. “If <strong>the</strong>y are designed to<br />

tioned’^. An Italian survivor of France’s greatest players, who whe<strong>the</strong>r if is to abandon this . lose control. It’s easier to’delay •<br />

<strong>Hillsborough</strong>. But’<strong>the</strong>y were<br />

stop someone from getting on<br />

<strong>the</strong> Heysel catastrophe,-Carlo was in <strong>the</strong> Juventus .team in<br />

mixed with <strong>the</strong> recognition<br />

season’s FA Cup competition, <strong>the</strong> kick-off and say to every­<br />

to <strong>the</strong>: pitch, how can: <strong>the</strong>y<br />

Duchene, had little syriipathy Brussels four years ago and is<br />

that once again an English<br />

Everton will readily comply one, ‘You’ll get in in time, but<br />

offer a means; of escape?” ■<br />

for/<strong>the</strong> decision to readmit now <strong>the</strong> French national team<br />

club was in <strong>the</strong> centre of a<br />

with any decision reached. you’ll have to come through<br />

English clubs to <strong>the</strong> European manager, said ■ that although<br />

sporting calamity.<br />

“That is a question .which <strong>the</strong> regular turnstiles,’ because He added: “I live for <strong>the</strong> day<br />

competitioris in 1990-91. <strong>the</strong> <strong>Hillsborough</strong> disaster did obviously has to.be asked, but it’s <strong>the</strong> only way we can when fencing , comes . down,<br />

. Peter Robinson, <strong>the</strong> chief Duchene, who ' underwent not involve crowd vioierice it today is riot <strong>the</strong> day to ask-it,”<br />

maintain control.<br />

but I’m not sure , that <strong>the</strong><br />

executive of Liverpool; said brain surgery three times, said: stemmed . frorii :<strong>the</strong> same Philip Carter, <strong>the</strong> Everton “If you don’t hold <strong>the</strong> kick- answer to this problem is to do<br />

that his first call-he received “I expected ano<strong>the</strong>r Heysel. I cause.',' v,<br />

chairman, said. “This is a city offback, and <strong>the</strong> crowd enter­ away with <strong>the</strong>m.! The trouble<br />

on. Saturday night was from- was too- impressed by <strong>the</strong> “That is <strong>the</strong> decrepit riature in mourning. Everton Footing <strong>the</strong> ground hear <strong>the</strong> game is that, «on <strong>the</strong> one hand,<br />

officials from Juventus, many ■ violence of <strong>the</strong> English to o f stadium s, . <strong>the</strong> poor ball Club will do all it can to in progress, it’s very difficult. you’re trying to take precau­<br />

of whose supporters' were believe that a similar tragedy organization of <strong>the</strong> match” he help alleviate .<strong>the</strong> suffering of The danger is, if you do it tions to keep people out and,<br />

among <strong>the</strong>! 39 killed in <strong>the</strong> would not repeat itself.” . aid.<br />

those involved.” \<br />

once, people turn up late iri on <strong>the</strong> o<strong>the</strong>r hand, you want to<br />

Heysel stadium disaster in, Italian, .. .newspapers , Michel Hidalgo, <strong>the</strong> former ’ Pat iNevin, who scored future in anticipation that you let <strong>the</strong>m in. The two are<br />

Brussels four years ago. described it as ari. “absurd j ;French manager, , said: , “It is Everton’s winning goal against. will do <strong>the</strong> same again. We incompatible.”<br />

“They expressed <strong>the</strong>ir deep­ tragedy, and a “slaughter’’; - scandalous. One has <strong>the</strong> im­ Norwich, said: “We extend have on occasion made <strong>the</strong>m • MADRID:1 Police had to<br />

est sympathy to all <strong>the</strong> people recalling <strong>the</strong> deaths of <strong>the</strong> pression that Heysel served no our condolences to those fam­ wait. You have to educate interverie after fighting broke<br />

on Merseyside and said <strong>the</strong>ir Italian supporters in Bnissels. purpose.” ;<br />

ilies who have suffered.” crowds, but when you havei. out when a group of support­<br />

Sepp Blatter, <strong>the</strong> General<br />

thoughts were with us at this, “We are facing <strong>the</strong> triumph<br />

His, colleague, Kevin very big ones, you’ve got to be ers at <strong>the</strong> Spanish League<br />

Secretary of <strong>the</strong> international<br />

time,” Robinson said. of stupidity ih a country<br />

Sheedy, said: “We’ve just got flexible.” / , match between Atletico Ma­<br />

football federation (FIFA)<br />

O<strong>the</strong>r Italians were less' marked by terrible football<br />

through to Wembley, which Highbury is one of <strong>the</strong> few drid and Osasunah'ere ignored<br />

said that he was depressed by<br />

generous and seemed not to be vioierice, but incapable, of<br />

every player dreams about. first division grounds which <strong>the</strong> one-minute silence being<br />

<strong>the</strong>:' harrowing scenes from<br />

in full possession of <strong>the</strong> facts learning from it,” ari. editorial .<br />

But when you hear about what does not have perimeter fenc­ held for victims of<strong>the</strong> disaster<br />

Sheffield: “I could riot believe<br />

when making statements. in La Gazzetta Sportiva said;.<br />

happeried at <strong>Hillsborough</strong>, ing, yet in spite of this is still (AFP reports). •<br />

what I was seeing on tele­ everything takes second,<br />

Antonio Matarrese, Italy’s “Through a spirit of terrible vision,” he said!<br />

place.” ' 1 f

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