The Business Times, 15 October 1976
1976-10-15
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The Business Times
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Title Section10 1976-10-15 1 BUSINESS TIMES M.C.(P) 1455/76 FRIDAY, OCTOBER 15, 1976 50 CENTS10 words
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NEWS SUMMARY
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Article77 1976-10-15 1 AP SYDNEY, Thurs former Malaysian Finance Minister urged Australia and New Zealand today to join forces with their south-east Asian neighbours to set up a regional shipping line in competition with "monopolistic" snipping conferences. Tun Tan Slew Sin, now a director of Slme Darby Holdings, told theAP - 77 words
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Article57 1976-10-15 1 AP TOKYO, Thurs. Foreign Minister Zen tar o Kosaka today denounced as a "breach of faith" North Korea's failure to pay its trade debts to Japan. North Korea's payments to Japanese exporters for the 1974-1978 period total about U***** million (***** million) with $66 millionAP - 57 words
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Article55 1976-10-15 1 Reuter WASHINGTON, Thurs. Watergate special prosecutor Charles Ruff said today his investigation into alleged misuse of campaign funds by President Ford when he was a congressman had turned up no evidence to support the accusations. "The matter has now been closed," Mr. Ruff said in aReuter - 55 words
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Article79 1976-10-15 1 365 m trade deficit Reuter LONDON, Thurs. Britain's international trade deficit last month was £365 million, it was announced today. Exports in September earned £2,140 million, compared to £z,039 million In August. Imports also rose from £2,332 million in August to £2,505 million last month. But when "invisible" exports likeReuter - 79 words
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Article47 1976-10-15 1 Reuter BANGKOK, Thurs. Laos has asked Thailand to withdraw its military attache from its embassy in Vientiane within 15 days, a spokesman for the Administration Reform Council (ARC) said here today. A Laotian Embassy spokesman said however he had no Information to confirm this. Reuter.Reuter - 47 words
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Article61 1976-10-15 1 HONOKONO, Thurs. Shanghai Radio last night called on the people In the region to support Premier Hua Kuo-ieng the new "head" of the party, and to maintain "the unity of the party." The broadcast was considered significant because of the Shanghai trio rumoured to have been arrested61 words
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Article44 1976-10-15 1 UPI NEW YORK, Thurs. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 Indus 939.74, down 8.56; 20 transp 206.54, down 0.45; 15 utils 97.42, down 0.29; 65 stocks 297.23, down 1.88. UPIUPI - 44 words
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Chief Price Changes
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Article, Illustration219 1976-10-15 1 SHARES at the Stock Exchange of Singapore yesterday went on the slide again after a shortlived rally in the opening session. Haw Par fell another nine cents to a low or 90 cents. Reflecting the bearish activity, the Business Times index dropped 6.39 points to 250.16 while219 words
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Article120 1976-10-15 1 Falls Most active S Steamship S3.04 SO 93 S1.71 -.28 -.10 -.08 06 -.05 -.05 04 -.04 04 -.04 -.04 -.03 -.03 .15 .06 .05 *.03 Haw Par 952,000 Haw Par Pan Elect. Malayan Credit 235,000 Central Sugars 185.000 Pacific Dev. SO.78 S2.66 $8.15 $3.58 $3.80 $3.90120 words
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1026 1976-10-15 1 GOH ENG KEE - MORE CENSURE FOR CHO FROM EXCHANGE? h GOH ENG KEE IS THE Stock Exchange of Singapore clear about the role of the independent firm of public accountants which it wants the directors of Far Eastern Hotels Development to appoint? According to Mr. Cho1,026 words
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Article117 1976-10-15 1 AP SINOAPORE, Thurs. "We are already close to the United States. Malaysia and Japan, how much closer can you get?" former Thai Foreign Minister Bhlchal Rattakul asked today. "I do not know what Thanut Khoman means. He has been out of school for theAP - 117 words
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787 1976-10-15 1 HONO Leong Holdings' public issue of shares may not be coming out this month. The company, one of Singapore's largest real estate developers, sounded out the market on Its intentions some weeks ago and rumours have been rife that the Issue would be made787 words
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Article390 1976-10-15 1 Agencies TOKYO, Thurs. China's political leadership appears to have held an important meeting In Peking's Great Hall of the People, touching off speculation that there might be further dramatic developments in an already unpredictable situation which has prevailed in China since the death of Chairman MaoAgencies - 390 words
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Article148 1976-10-15 1 THE chairman of the Stock Exchange of Singapore and partner at Kay Hian and Co., Mr. Ng 800 Pong, and the BEB general manager, Mr. Um Choo Pong, leave early next week to study options trading in the US and Australia. They are not expected to return148 words
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Article86 1976-10-15 1 slips in nervous mart Reuter LONDON, Thurs. Sterling lost nearly two US cents in early dealing today on a foreign exchange market nervously awaiting publication of Brltaln T s international trade figure*. Prom its overnight figure of USS 1.6545, the pound fell at one point to 11.6350. Later It wasReuter - 86 words
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Article78 1976-10-15 1 Reuter KUALA LUMPUR, Thurs. Malaysia's trade surplus in the flrat half of this year totalled MS 1.54 billion ringgit, more than double the 1715 million surplus recorded in the whole of last year, the statistics Department said today. Preliminary figures released here said exports in the six monthsReuter - 78 words
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Article94 1976-10-15 1 Reuter STOCKHOLM. Thura. The 1976 Nobel prise for economic* was awarded today to Profeaaor Milton Friedman, of the US. The 6N1.000 kronor (£1344,260) prize, sponsored by Sweden's Central Bank, waa given for hia achievementa in the flelda of conaumption analyaia, monetary hiatory and theory, and forReuter - 94 words
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Article363 1976-10-15 1 WITH the successful close of the latest European Investment Bank USI30 million (SS73.8 million) bond, the EIB may be tempted to come back to the market with more, at the rate of "about once a year". This hint that more EIB bonds may363 words
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Article274 1976-10-15 1 HAW Par Brothers International ordinary shares are now tradeable on all the four stock exchanges it was Ereviously listed on. The ondon Stock Exchange (last in line) has told the company that its shares may now be dealt in. This announcement preceded one from the Stock274 words
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Page 1 Advertisements
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Advertisement45 1976-10-15 1 Get advanced copying technology. SEE PAGE 2 (SEE PAGE 12) (SEE THIS PAGE) Oversea* Stocks 2 Commodities Transport 4 Com--3 munications 4 Features 5 News/Notice* Overseas News/TV 4 Radio Overseas News/Foreign Features Local Co. News Foreign Co. News Local Stock* fi Oversea* Mi New* 1245 words
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Advertisement98 1976-10-15 1 <(]}|$<"`*[*?_{&([+:!=/%-$-@%&; Get around fbirujay problems uiftfttfe PGfl Par~€x The set with the#wood The PGA Par-Ex Golf Clubs J present e breakthrough in golf club design. Take the Per-Ex 7-wood for example. We Increased the loft and shaft of this well-constructed club to help you get the bell up for distance.98 words
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Advertisement89 1976-10-15 1 GO WITH SINTAT DIPLOMACY Singipon *****3, *****6 (Airport) Kurt* Lumpur: *****/7 Prwv ***** CHARTERED 7,MO* BANKERS k f Providing full merchant banking services throughout South East Asia. A merchant bank owned by The Chartered Bank, a member of the Standard Chartered Bank Group, and Arbuthnot Latham Co., Limited, a member89 words
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OVERSEAS
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138 1976-10-15 2 UPI QUIBERON, (France) Thurs. Representatives of Saudi Arabia and the Arabian American Oil held a secret two-day conference in this Brittany Coast resort on Monday and Tuesday in a bid to complete negotiations on Saudi Arabia's take-over of Aramco, wellinformed sources said yesterday. There wasUPI - 138 words
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Article139 1976-10-15 2 Reuter HONGKONG, Thurs North Korea has reaped a record grain harvest of eight million tonnes this year despite adverse weather, the North Korean news agency reported today. In a dispatch from Pyongyang monitored here, the agency gave an account of Tuesday's session of a plenary meeting ofReuter - 139 words
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Article, Illustration356 1976-10-15 2 Reuter NEW YORK, Thurs, President Ford's fettering election campaign has run into new difficulties following suggestions that ha may have been involved in the early stagss of the Watergate cover-up that toppled President Richard Nixon. Former White House counsel Mr. John Dean, Mr. Nixon'sReuter - 356 words
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395 1976-10-15 2 TUC, CBI CALL TO CALLAGHAN: Reuter LONDON, Thurs. British Industrialists and trade union leaders have called on Prime Minister James Callaghan to tighten up existing restraints on Imports. They have also urged an effort by the whole European Common Market to regularise trade with JapanReuter - 395 words
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178 1976-10-15 2 TokyoEEC ties now slightly better Reuter STRASBOURG, Thurs. Relations between Japan and the EEC, strained by a widening trade gap, are improving slightly but not sufficiently, the EEC commission said. Mr. Finn Olav Gundelach, Commissioner for Internal EEC trade, told the European Parliament recent EEC/Japanese talks on rising Japanese salesReuter - 178 words
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301 1976-10-15 2 Reuter STRASBOURG, Thurs. Plans to cut the Common Market's embarrassing surpluses of milk and butter face a rough passage in the EEC European Parliament today. The assembly will debate a parliamentary resolution calling for changes in proposals by EEC farm commissioner Pierre LardinolsReuter - 301 words
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395 1976-10-15 2 Reuter GENEVA, Thurs. Trade negotiators from more than 70 countries heard Japanese and Swiss proposals for lowering tariffs on Industrial products in bargaining here to free the flow of world commerce, delegation sources said. The plans, tabled in a negotiating group meeting underReuter - 395 words
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564 1976-10-15 2 NYT SALISBURY, Thurs. The Government of Prime Minister lan Smith sees little chance that an agreement or\ an Interim government under a black Chief Minister can be reached at the Geneva conference later this month, although It expects most of the principalNYT - 564 words
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Article69 1976-10-15 2 AP JAKARTA, Thurm. President Suharto hu approved a US$2.l million (StS.l million) joint venture project with Japanese partners to ptodnoe automobile parte, the State Secretariat said yesterday. It said Toyota Motor Sales and Toyota Motor, both of Japan, each contributed capital of 5300.000 and P.T. Astra InternationalAP - 69 words
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120 1976-10-15 2 AP PARIS, Thurs. Copenhagen and Paris are the most expensive capitals of any of the European common market nations, according to figures prepared by French statisticians. The figures, compiled at the end of 1975 by the National Institute of Statistics and EconomicAP - 120 words
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257 1976-10-15 2 AP OTTAWA, Thurs. Controls limiting lower-priced beef imports from Australia and New Zealand, effective at midnight (0400 QMT) Sunday, were announced yesterday by Agriculture Minister Eugene Whelan. Canadian officials also conferred in Washington yesterday to ascertain the impact of President Ford's action lastAP - 257 words
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191 1976-10-15 2 AP SENECA FALLS,- Thurs. GTE Sylvania said Wednesday it planned to layoff about 80 employees tomorrow because increased Importation of Japanese television sets has cut into its market. "This production cutback, and the resultant layoff of American workers, is due entirely to theAP - 191 words
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196 1976-10-15 3 Reuter MANILA. Thurs. The special co-ordinating committee of the five mombsc Association of South East Asisa Nstieas (Asesn) wound up s two-day meeting here, adopting en sgenda for discussions with officials of the European Economic Community in December on possible joint projects, theReuter - 196 words
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Article30 1976-10-15 3 Reuter SEOUL, Thurs. Leading South Korean businessmen said they will try to Import more British commodities Including machinery to help rectify Britain's unfavourable trade balance with South Korea.Reuter - 30 words
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499 1976-10-15 3 TOKYO, Thursday UPI NOBODY cheered louder than socialist North Korea when the oil countries put America and other capitalist nations through the wringer for huge petroleum price Increases. And nobody got smacked harder than North Korea in the recession that followed. In the boomUPI - 499 words
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Article, Illustration1046 1976-10-15 3 H. BRADSHER - By H. BRADSHER NYT CHINA might now be moving into a period of concentrating on domestic economic growth, rebuilding its politically battered education system, and trying to use an armslength relationship with the United States to counter Soviet expansionism. This is theNYT - 1,046 words
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Article170 1976-10-15 3 Reuter HONOKONO, Thurs. Asia Pacific-Capital Corp Is arranging a UBllOO million (***** million) five-year, syndicated loan for a group of seven South Korean banks, Informed market sources said. The loan is to have a spread of 1-7/8 per cent above the six months LondonReuter - 170 words
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851 1976-10-15 3 ALEXANDER NICOLL - By ALEXANDER NICOLL Reuter SOUTH Korea's vigorous economic growth Is encouraging European banks to lend to Korean concerns, llr. Bong Eun Kim, chairman and preeldent of the Korea Exchange Bank, said. He told Reuters In an Interview that West Oerman, French and British banks areReuter - 851 words
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Page 2 Advertisements
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Advertisement359 1976-10-15 2 FORTUNE o |l f~>rH ...J I 4'' i L w A nothing Jlfi^ FORTUNE is essential reading for 615,000 of the world's most influential executives. Each month, FORTUNE explores the future, offering look-ahead information on economic trends, corporate strategy, multinational business, management methods, the outlook for investments, and the new359 words
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Page 2 Miscellaneous
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Miscellaneous280 1976-10-15 2 SINGAPORE 5 3.00 P.M. Opening Announcements followed by' Housewives' Matinee "Goddess of Mercy" (r) Pt. 2 of a Teocbew film 4.05 Diary of Events (Chinese) 4.10 Window (Chinese) (r) 4.40 Intermission 6.05 P.M. Opening Announcements followed by The Enchanted House 630 News in Brief 635 Wild, Wild World of Animals280 words
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Page 3 Advertisements
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Advertisement126 1976-10-15 3 H* 3« i,Vy«4, V ■«2> :v* A i* .f; t •4y<i) v*s?\ the total system far banking 6 <■ X m x w 5- hm j-'. o#.cH <* > I- > Ci- vk •Tx- in C Oil «£<*•'. X V- T Sji P •"1 f £C 5 vv Dataprep's System126 words
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COMPANY NEWS
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Article548 1976-10-15 4 THE Kuala Lumpur Stock Exchange has finally received some answers to the questions it is asking of troubled Worldwide Holdings. But they are not such as to give much encouragement to sharehol-> ders. The KLBE has written numerous letters to the company concerning its investment in548 words
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369 1976-10-15 4 THE three major London based tin companies In the London Tin group Malayan Tin Dredging, Southern Malayan Tin Dredging and Southern Klnta Consolidated are to seek permission to transfer domicile to Malaysia. The move follows the acquisition of London Tin by Pernas Securities369 words
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Article111 1976-10-15 4 PRE-TAX profits at Ayer Hltam Planting Syndicate rose from Mil 14,611 to $234,648 for the year ended March 31. 1976. The total crop harvested was 1.96 million lbs compared with 1.89 million lbs of which 1.23 million lbs (1.24 million) were derived from Buklt Hltam Estate and111 words
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Article425 1976-10-15 4 AFTER two years In the red, improving demand for its products has enhanced Synthetic Resins (Malaysia) prospects of getting back into the black In the current year ending June 30, 1977. However, the continuing increase In the cost of Its major raw materials Is still425 words
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Article351 1976-10-15 4 KULIM (Malaysia) has agreed to acquire 5,600 hectares of an oil palm area at Ladang Tereh In Johore from the Johore State Economic Development Corp. (JSEDC). The area Is close to Kullm's estates In South Johore. Consideration will be 23.10 million Kullm 50 cent, shares,351 words
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229 1976-10-15 4 Profits will fall slightly Acma ACMA Electrical Industries expects a slight fall In profit for the year ending Dec 31, 4975, according to Its reply to a Stock Exchange of Singapore guery on prospects following its proposed rights issue of one-for-one at $1. It says that, in the absence of229 words
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Company meetings
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16 1976-10-15 4 12.30 p.m.. Registered Office, 52 Jalan Burch, Jurong Town, Singapore 22.16 words
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Article18 1976-10-15 4 11 a.m., Registered Office, 12th Floor, Fitzpatrlck's Building, 86 Jalan Raja Chulan, Kuala Lumpur.18 words
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Article111 1976-10-15 4 Reuter TOKYO. Thurs. Mitsubishi Metal Corp said It and Electric Zinc Co of Australasia have Jointly developed techniques to extract lead, gold and silver from residues left in zinc smelting processes. The two firms have reached an agreement on the export of technology to third countries,Reuter - 111 words
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Article1177 1976-10-15 4 On October 13 OPTION OCT JAN A PL STOCK Alcoa Alcoa Alcoa Alcoa Am Tel AmTal Am Tel Avon Avon Avon Avon Bank Am Bank Am Beth 8 Beth 8 BethS Beth 8 ClUcp Cttlcp Cttlco Dow CI) Dow Ch DowCh Dow Ch Baa Kd EasKd EasMd1,177 words
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Article448 1976-10-15 4 Current Ex Date Total for Total for pay i Date payable the year previous year Oualoplnd. 8% Sept 8 Oct. 15 8* 22 5* Malayawata 10* TE Aug 30 Oct. 15 10* TE 10* TE Paper Prod. 7.5* Sept 21 Oct 15 7.5* 7.5* SEA Carp. 10* Sept.448 words
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Article342 1976-10-15 4 NYT NEW YORK, Thurs- Talks about banks diversifying. A California savings bank markets Wisconsin cheese at a discount to depositors. A New York banks offers unmarried savers a special package of financial and social extras. A US$5,OOO deposit is the qualification for membership inNYT - 342 words
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Article115 1976-10-15 4 Reuter PARIS, Thurs. At least 20 per cent of the 3.5 billion franc, 10.6 per cent, government guaranteed loan for a group of national finance institutions still remains to be placed two days after Its issue, primary bond market sources said. Most state loans have been fullyReuter - 115 words
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Article73 1976-10-15 4 Reuter SYDNEY, Thurs. Amax Inc believes the optimum conditions for mineral investment can be found In the US and Australia, Amax vice-president, Mr. Arthur Reef said. He told a seminar, Amax has explored in all Australian states for nickel, bauxite, coal, copper and precious metals since 1963 andReuter - 73 words
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Page 4 Advertisements
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Advertisement93 1976-10-15 4 WHAT'S RAINIER DOING r• i: v •>?; *<* ~V'. v> We're a bank that's known for its unique knowledge of Alaska and the Pacific Rim. Our international expertise also extends to Europe. So, if you do business in the British Isles or on the Continent, our London office can serve93 words
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Advertisement222 1976-10-15 4 I 4 a 3 s MR f < K <«? •i, if i The Seteico key system a new ka* cost wey to modernize your office te»ep*on« system. With Setelco's new system,you can dial,receive,hold or transfer calls... without a switchboard operator. The Setelco 116/40 key system will very quickly pay222 words
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INTERNATIONAL COMPANY NEWS
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Article331 1976-10-15 5 Reuter NEW YORK, Thurs. Net earnings of Honeywell Inc rose from U5531.06 million to $35.57 million for the third quarter, maklns a nine-month total of $65.27 million ($43.63 million). Oross revenue was $641.4 million ($568.9 million) for the third quarter and $1.79 billion ($1.66 billion)Reuter - 331 words
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Article151 1976-10-15 5 Reuter LONDON, Thurs. A US$25 million five-year Eurodollar credit for Bank PKO of Poland, a foreign exchange bank, is in process of syndication in the Eurocurrency market, banking sources said here. The loan carries interest at 1 Vi per cent over London interbank offered rates, but theReuter - 151 words
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Briefly
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Article59 1976-10-15 5 SYDNEY, Thurs. For the year ended July 28,1976, net profit at J.B. Young rose from A 02.74 million to $3.13 million on gross revenue up from $87.68 million to $116.6 million. Tax was $2.49 million ($2.47 million) and depreciation $692,000 ($410,000). Young has proposed a final dividend of59 words
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Article47 1976-10-15 5 TOKYO, Thurs. Aftertax profit at Makita Electric Works rose from 1.5 billion yen to 2.34 billion yen for the first six months ended Aug 31, 1976. Gross sales Increased from 13.79 billion yen to 18.1 billion yen. It is maintaining the Interim dividend at five yen.47 words
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Article45 1976-10-15 5 NEW YORK, Thurs. Anaconda said it was advised the Federal Trade Commission will seek an InJunction against the proposed merger of Anaconda into Atlantic Richfield. Anaconda said it and Atlantic Richfield had no further information. A FTC spokesman refused to comment on the statement.45 words
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Article85 1976-10-15 5 CHICAGO, Thurs. First Chicago Corp said provisions for loan losses in the third quarter were US$2B.5 million, up slightly from the provision of $27 million a year earlier. Chairman Mr. A. Robert Abboud said the reserve for possible loan losses was $113.8 million as of Sept 30 after net85 words
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Article77 1976-10-15 5 WASHINGTON, Thurs. The Securities and Exchange Commission placed Mercantile Bank and Trust of Kingstown, St. Vincent, in the Windward Islands, on its foreign restricted list. The list gives notice to brokers that foreign securities, which have not been registered at the SEC, are being sold in the US. The77 words
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Article39 1976-10-15 5 THE HAGUE, Thurs. Bank Voor Nederlandsche Gemeenten said it plans to issue a 9% per cent 25-year debenture loan of between 100 million and 150 million guilders at a price to be announced no later than Oct 20.39 words
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Article23 1976-10-15 5 AMSTERDAM, Thurs. Nederlandsche Mlddenstandsbank said its 50 million guilder 10% per cent 15-year subordinated debenture loan priced at par was heavily over-subs-cribed.23 words
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Article77 1976-10-15 5 BUENOS AIRES, Thurs. A presidential decree issued here said Argentina accepted an offer from the US Westinehouse Electric Corp to settle a protracted dispute on a debt of U552.76 million. The sum, which was owed to Westlnghouse by the government-owned firm Siam di Telia, will be paid with Argentine77 words
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Article38 1976-10-15 5 NEW YORK, Thurs. General Motors Acceptance Corp's US$25O million debentures due 1996 were priced at par with an 8 1/8 per cent coupon, a Morgan Stanley Syndicate said. Selling concession was set at $5 and reallowance 1/4.38 words
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Article54 1976-10-15 5 SYDNEY, Thurs. Tooth said It reached agreement with Francis Investment to acquire 59.9 per cent of the issued capital of Penfolds Wines Australia. Tooth will acquire 6.89 million shares held by Francis at a $1.15 cash per share. The agreement is conditional on Tooth making a similar offer to54 words
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Article88 1976-10-15 5 CHICAGO, Thurs. New municipal bond issues will reach a record US$32 billion this year, and the market will be called upon to absorb an equally high volume of new Issues in 1977, Continental Illinois National Bank and Trust executive vice president Mr. David G. Taylor said. Mr. Taylor, who88 words
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709 1976-10-15 5 NYT NEW YORK, Thurs. Investors bet on the future. Thus, when a company with a reasonably good record suddenly sends up a shower of sparks, It commands attention In Wall Street. So It was with the Outboard Marine Corp, a company In a cyclical Industry, butNYT - 709 words
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Article139 1976-10-15 5 Reuter NEW YORK, Thurs. Bankers Trust and Citibank NA have withdrawn their suits against the US ExportImport Bank and Manufacturers Hanover Trust concerning a proposed payment facility agreement with Zaire. The suit filed by Bankers Trust on Aug 13 alleged that the proposed agreement violates provisionsReuter - 139 words
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Article64 1976-10-15 5 MINNEAPOLIS, Thurs. Apache Corp said It and Apexco Inc signed a definitive agreement with Natomas for the acquisition of Apexco by Natomas for about US$l27 million In cash. Under the terms of the agreement, Natomas would pay $31.50 for each share of Apexco, which is 80 per cent owned64 words
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Article68 1976-10-15 5 SYDNEY, Thurs. PekoWallsend said there is evidence of some recovery In demand for metals and minerals In the first half of 1976. The company's annual report said however the recovery's effect on prices has been dampened by hlgn level of producer and other stocks. Depressed economic conditions In68 words
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169 1976-10-15 5 Reuter TOKYO, Thurs. With the sharp rise in car exports. Honda Motor has enjoyed a 24 per cent Increase In aftertax profit to 7.00 billion yen for the six months ended Aug 31, 1976. Gross sales rose from 273.68 billion yen to 323.79 billion yen.Reuter - 169 words
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Article62 1976-10-15 5 Reuter LONDON, Thurs. The Stock Exchange Council said it authorised an inquiry Into dealings in the shares of Teachers (Distillers) which took place before the suspension of the company's listing. The suspension was made this afternoon pending an announcement of the offer for the company's share capitalReuter - 62 words
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Article30 1976-10-15 5 BRUSSELS, Thurs. The common market's Coal and Steel Community announced a loan of £27.5 million to finance seven Investment projects being carried out by Britain's National Coal Board.30 words
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274 1976-10-15 5 Reuter NEW YORK, Thurs. Reporting an 18.5 per cent Increase in third quarter earnings to U*****.9 million. International Business Machines Is not optimistic that It can maintain the growth rates of the first nine months In the rest of the year. The slowdown IsReuter - 274 words
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Article175 1976-10-15 5 Reuter NEW YORK, Thurs. Unlroyal Inc said it expects to report third quarter net loss of about US$B million compared with a profit of $4.9 million a year ago. The company estimated sales would be $490 million compared with $529.5 million a year ago. Uniroyai saidReuter - 175 words
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Article181 1976-10-15 5 Reuter NEW YORK, Thurs. Net earnings at Citicorp rose by 6.7 per cent to US$97.B million for the third quarter, raising the nine-month total to $209.3 million ($270.9 million). Earnings per share were 78 cents (74 cents) for the third quarter and $2.33 ($2.19) for theReuter - 181 words
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Article144 1976-10-15 5 Reuter NEW YORK, Thurs. With an 8.1 per cent Increase to U5551.72 million third quarter net earnings, J.P. Morgan was able to raise the nine month total by 4.1 per cent $141.91 million. At half-time, It only managed to show a two per cent riseReuter - 144 words
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Article97 1976-10-15 5 Reuter NEW YORK, Thurs. Aftef enjoying a 14.3 per cent earnings increase at midterm, Eastman Kodak has suffered a seven per cent setback in third year. Net earnfngs for the latest quarter fell from U*****.48 million to $170.57 million, reducing the halftlme increase to only 4.7 perReuter - 97 words
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Article84 1976-10-15 5 Reuter LONDON, Thurs. The high court refused to grant an injunction blocking the sale of two Maritime Fruit Carriers ships to Hamburg shipping company Willy Bruns. Trafalgar House Investments subsidiary Cunard applied for the order in connection with a US$ll2 million bid for 12 of the BritishReuter - 84 words
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Page 5 Advertisements
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Advertisement336 1976-10-15 5 bestpface to lunch. You expect the best. You want your clients to have the best. So when you come to the best. that's exactly what you'll get. The best. Yourchoice from our exhilarating gourmet menu. With fine vintage wines And of course, the impeccable service that you have naturally come336 words
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Article1841 1976-10-15 6 ttCTIONONK INDUSTRIALS 1978 Hick Lew Cw Last Sale ♦erGr*s Dtv »'tt fir's P/E Vel (*888) Dajr High Lew 280 208 100 237 188 402 204 248 480 137 170 m 80 186 88 254 180 172 400 38 Acm* Alcorn Allied Choc Bata Ban Brunt—ri Bousteadco C*C C CM C1,841 words
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Article1179 1976-10-15 6 a and offer prteee officially I and Nialneee in and reported to the Stock Exchange of Singapore yeaterday with the number of ahvn traded shown In brackets tn lota of 1,100 unlU unlees otherwise specified AO Time Settlement Contract* an Sited after the worid "Sett." Board deals1,179 words
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Article125 1976-10-15 6 SINGAPORE UNIT TRUST (Niuiv'i prioea far Out IS) INCOME BOND UNIT (Correal prioa*) 1 71 1J0 mmui bond 1.07 1.11 TboBayiiicFund 0.M 1-01 8'port Prof Fund O il I Mad 8'pore Security Fund 1.M l.SS 8'parelnveetFund l.M l.M ASIA UNIT TRUST (Munn' prieee far Oct IS) Mai Invert125 words
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Article285 1976-10-15 6 S'porc Govt S 1/2% Taxable Loan No 2 With AI 1975/ let Doc 1977 (1,000,000) (101.688 101.788) S'porc Govt i 1/2% Taxable Loan No I With A I 1971/15 th Apr 1978 (1,000,000) (101.548 101.828) S'porc Govt 9 3/4% Taxable Loan No I With A I285 words
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Article1166 1976-10-15 6 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS AllummU (1.80B). A. Tap* (0.458). A. Chec (0 85B). A.M. Oe».1,166 words
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Advertisement56 1976-10-15 6 Etet&OlSEmz/ i >&it V ,> y f JJf YdsJGk A f< JEfe Sim. 1 li us fciiV J V"in r 9i Mi&k Hi* JU#W*-' 4 tutti ,aej: j**: a-v W^nßHr*w^w|dii •<" -Vv iS ~i 1 s "Mvi 35 Lt^ fi£l V -JBS" V Tf'.a > 5 aii'S V *s BPD56 words
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Article579 1976-10-15 7 THE sprond of activity aarrowed considerably ia Irregular trading condition* nt the Stock iftrhango of Siagaporv yesterday. On balaace, small losses were registered acrooe the board. An opening rally in lino with the improvement noted in the overnight Wall Street and Honghong market*, proved short-lived n* further579 words
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Article464 1976-10-15 7 FAIRLY heavy selling in the afternoon pared share rices at the Kuala Lumpur tock Exchange yesterday. Reflecting the slight lift in values on Wednesday, the market opened on a steadier note and continued to fluctuate at around these levels in the morning. However, sentiment weakened significantly464 words
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Article98 1976-10-15 7 Reuter PERTH, Thurs. Selcast Exploration Ltd said the Agnew nickel project in Western Australia will go ahead and the state government will ratify an agreement for the development of the project. Joint venturers in the project are Western Selcast (Pty) Ltd with 60 per cent and MountReuter - 98 words
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Article906 1976-10-15 7 TOW YORK: Powered, to part, bp a bullish sump on US oottaumsr confidence the stock market on WnlnoorHy. scored it* best gain in nfinoot throe week*. Ac oversold technical condition, stemming from the Market's headlong plunge recently, and settlement o< toe four-week-old strike at ford Motor were viewed906 words
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Article264 1976-10-15 7 AMSTERDAM: The market eased on balance on Wednesday, resistant to downward pressure than in recent days. Bha res opened very steady but offerings Increased around mid-session Dutch internationals were steady to slightly firmer with the exception of HMgsveas which fell back sharply. State loans were narrowly mixed. Bourse sources264 words
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Article172 1976-10-15 7 FRANKFURT: The market «u generally mixed on Wednesday, although It cloeed on a firm note as tome shares recovered In technical reaction to Tuesday's •harp folk, buoyed bp buying from domestic investors, Mtn ■M. OCT IS ABO AkJo Allal*tan AlU Vera BASF Bay HTWbank Bay Vbank DtD •1.30 147.50172 words
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Article390 1976-10-15 7 SYDNEY: Prices firmed across the board following the recent heavy downtrend on Thursday, dealers said. The Bydney AllOrdlnarles gained 3.23 points to 441.81. BHP rose 12 cents to A 87.20 and Its rights 13 cents to 53.10, while CBRand ANZ rose 20 cents each to $4.32 and <3.90. Peko-Wallacnd390 words
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Article104 1976-10-15 7 MANILA: The market was cloaed on Thursday for a special public holiday. OCT 14 P«M AcojcMining 015 unch Atlas Con A 30 25 +0 25 A tin Con B 30 50 -0 25 Bagulo Oold .012 unch Benruet Con. B BT Goodrich 17.50 +0.5 CDCP IncoB mm Lepanto B104 words
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Article346 1976-10-15 7 JOHANNESBURG: Oold moved easier throughout the day on Wednesday, following generally lower bullion Indications, dealers said. 1 XT 1) R and 14 1 M> -6 17 unch 10 -1p INDL'81 > Alpha Ibercom KE And CI mic \T1 3ankor riUA 2! 11 II 11 2> V 11 -3 to346 words
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Article140 1976-10-15 7 HONOKONO: The market fell on profit taking and other selling In moderate nervous trading on Thursday, after Wednesday's sharp recovery, dealers said The Hang Seng Index fell 4.37 points to 388 84 Turnover on the four exchanges plunged to HK538.87 compared to $85.00 million on Wednesday Opening prices were140 words
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Article229 1976-10-15 7 ZURICH: The Bourse «u mainly loweron Wednesday, In active trading on tbe continued deellne in Wall Strast and weaker European Bourses, dealers mid. Swissair Bniw declined and BukiMtllNkafl vai lower among bank*. Among financial!, Oerllkea-Buearl lost ground, JuTwa Bearer rose following neva (hat Brlttab American Cosmetic* (BAC) rsachsd agreement229 words
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Article249 1976-10-15 7 TORONTO: Bhare prices fell sharply in quiet trading on Wednesday with loeers leading gainers by 317 to 88 and the Industrial Index down 2.02 to 177.55. Golds declined 3.81 to 341.25, while western oil fell S.ll to 200.40 and base metals declined 1.02 to 70.32. Volume totalled 1.7 million249 words
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Article281 1976-10-15 7 PARIS: The market wu mixed to lower with an Initial sharp fall being followed by a strong recovery in several sectors on Wednesday, dealers said. OCT 11 Fr» CORBEILLE Mr-Liquid* B8N Oervau Danoric C 8 F (ThomionC«f) CwFimncaut dM rttfoltl Citroen 8A Compafnte Financier* Compa«ntc Oenerale Credit Fonder De281 words
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Article122 1976-10-15 7 BRU88EL8: The market continued to decline in quiet trading on Wednesday, with the opening forward market Index dipping below 100 for the first time since 1007, dealers said. OCT 11 Fn FORWARD MARKET Acec 304 -5 Arbed 3300 -75 Astur 1002 •18 Brascan 442 -3 Bru-Lamb 1800 -10 Canpac122 words
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Article117 1976-10-15 7 MILAN: The market closed generally lower on continued selling pressure on Wednesday, dealers said, bonds were quietly active. OCT 11 Lire Ante 400 unch Assoc Oen ***** -200 BastOft 903 3 Ontrale 6880 -31 Flat 1395 -15 Flnslder 234 unch 0«i lmmob 112 SO -1.5 IFI Prt 1880 -10117 words
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Article77 1976-10-15 7 OCT 14 BahU Aala Fibre 123 ♦5 Bangkok Bank 243 unch Bangkok Invwl 140 +3 Bangkok-Metro-politan Bank ***** unch Ml unch Berli Jucker CharoongThal 143 -1 Wire Dume* DusltThani Pa bar Merlin rir»t Trukf Indo-Thai 1BS6 -3 J AndJ Ho 111 Jalapratftan 738 Cement Karnasuta 348 unch Lev Kwang77 words
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Article325 1976-10-15 7 TOKYO: The market closed slightly lower on profit taking after opening firm on Thursday, dealer* said The Dow-Jones average fell 1.13 to 4,703.37 with volume 1M million shares. The new Index eloeed at 380.54 up 0.35. OCT 14 isrAaaMChea AaahlOlai Bank Tk Banju ona|wvor Chiyoda ChubuPwi Cltiaen DNIp Prtn325 words
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Article792 1976-10-15 7 LONDON, Thurs. Government stocks and leading Industrials closed quietly easier on the lower rate of sterling and nervousness ahead of the trade figures, dealers said. At 3 p.m. the Financial Times was down 3.3 at 288.0. Government loans met selling among shorts where falls of to point were seen,792 words
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Article95 1976-10-15 7 e. FINANCIAL TIMES r. INDUSTRIALS S Wednesday 2tl.7 Tuesday 2*3.« Week ago 3I«.« ie TIN Wednesday I24.RB 7 Tuesday 12S.I2 [Jj Week ago I24.M RUBBERS 'Jf Wednesday 4A5JM p Tuesday «7.#2 Week ago 478.* OILS Wednesday 332.M Tuesday 321.75 Week ago .334.43 DOW JONES AVERAGE INDUSTRIALS Wednesday M*.* Tuesday95 words
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Page 7 Advertisements
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Advertisement177 1976-10-15 7 Confront Singapore s decision makers in Business Times For only $3.50 per single column centimetre Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these177 words
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COMMODITY REPORTS AND PRICES
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Article604 1976-10-15 8 THE Singapore rubber market opened slightly higher yesterday and November rallied to 206.00 cents but then fell back on lack of buying support. Afternoon prices moved ahead to 207.00 cents on shortcoverlng. Trading In forwards was fair, dealers said. Current month November RSS one buyers finished at 207.00604 words
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Article107 1976-10-15 8 DAILY SSR and SMR prices at noon yesterday: Nov. Ok. R.A.S. (Curraat Mtk) (Forward Mtk) Buyer* Seller® Buyers Sellers (ce« ■U par kg) (ceati ipsrkg) SSR 20 <1--ton Pallet) 188 00 190.00N 189.00 191.OON SSR 50 (1 -ton Pallet) 185.50 187.50N 188.50 188.50N M.R.E.L.B. SMR5CV <1 —ton107 words
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Article181 1976-10-15 8 THE Straits tin price In Penang yesterday rose $8 to close at $1,213 per picul on an ofnlclal offering up 15 tonnes to 220 tonnes. In LONDON on Wednesday, tin was about £11 per tonne lower for Cash and unchanged for Three Months in both contracts. Dealers said181 words
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Article30 1976-10-15 8 Rubber: Oct 11 Singapore: Nov. 207.50 cU (up 3.90 cU.) Malaysia: Nov. 212.25 eta. (up 3.25 cts) Tin: $1,213 (up $8) Official offering: 220 tonnes (up 15 tonnes)30 words
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Article133 1976-10-15 8 LONDON, Thurs. Silver was 1.4p to 2.0p per troy ounce higher. Dealers said the performance of US silver and grains, steady gold and currency factors all combined to lift prices although highest pre-market levels were not repeated in the ring due to profit-taking. Three Months at the outset of133 words
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Article234 1976-10-15 8 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY. Coconut Oil: Bulk >71 sellers, old drum 576 sellers, new drum $81 sellers. Copra: Mixed (loose) UK/Cont. 545 buyers. Pepper: Muntok AST A white fob 100% NLW $312' i sellers. Sarawak white f o b. 96% NLW $297*234 words
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Article120 1976-10-15 8 THE following Palm Oil prices were quoted In London on Wednesday The prices are elf Rotterdam and are quoted In US dollars per long ton unless otherwise stated. Malaysian 5K ffa bulk Nov/Dec/Jan Sumatra 5% Oct Nov Dec Jan Feb Mar Nigerian 5% ffa bulk sterling per long120 words
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Article303 1976-10-15 8 VOLUME was hard to find on the Singapore gold market yesterday but the prices went nowhere. The kilo bar was quoted, largely nominal, at 559,140 to $9,170 while the loco London price stagnated around US$ll5. The London morning fixing was U*****.90 per ounce up 25 cents on the previous303 words
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Article252 1976-10-15 8 LONDON, Thurs. Copper wirebars gained £11 for Cash and £13 for Three Months. Dealers said the market continued to recoup lost ground on shortcoverlng and fresh buying induced by further US and European consumer demands, together with a sharp downturn in sterling in the morning. ON Wednesday's close, copper252 words
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Article63 1976-10-15 8 LONDON, Thurs. Zinc rose 13.50 per tonne for Cash and £3 for Three Months. The market reflected the generally steadier trend In base metals this morning with some covering against European physical sales also lending support, dealers said. Light profit-taking shaded the higher levels, however, and Three Months traded63 words
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Article42 1976-10-15 8 LONDON, Thurs. Lead gained mostly £2 per tonne. Dealers said this metal was basically steady. Fresh trading interest was fairly light, and Three Months fluctuated around £295 per tonne during the ring in sales of 3,250 tonnes, which were mainly carries.42 words
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Article126 1976-10-15 8 LONDON, Thurs. Terminal opened steady at the lower levels which followed Wednesday's quiet New York market and easier kerb. Prices were £2.65 to £1.25 down from Wednesday's closing levels. Sales totalled 632 lots. On Wednesday's close local selling and long liquidation pushed prices lower in rather thin afternoon dealings.126 words
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Article135 1976-10-15 8 LONDON, Thurs. The robusta terminal opened £2 to £26 per tonne higher In sales of 202 lots. Dealers said sentiment was aided by a steady New York market on Wednesday and easier sterling this morning. The greater gains recorded by the forward positions reflected a readjustment of the differentials135 words
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Article131 1976-10-15 8 BANGKOK, Thurs. Indicative prices for rice quoted yesterday were: US dollars per tonne FOB basis Bangkok. Loonsaia unchanged, Parboiled unchanged, Maize unchanged. In HONGKONG yesterday, the market was steady with Australia, See Mew prices up HK SI to $2. The day's turnover totalled 357 tons comprising Thais 96, Kwangtungs131 words
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MONEY AND EXCHANGES
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Article563 1976-10-15 8 THE Singapore domestic money market saw little activity yesterday as dealers held back funds to watch the market's reaction to the government $500 million bond issue. Overnight rates opened at 2% per cent to 2% per cent with some business at 2% Ct cent in the morning. Ith most563 words
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Article160 1976-10-15 8 Asian rates ASIAN currency deposit Interbank rates u at close on Oct 14: US Dollars (Spot) Offers Bid 7 days 51/8 ft 1 mth 51/8 2 mths 55/16 53/16 3 mths S 1/2 53/8 6 mths 513/16 511/16 9 mths e 5 7/8 12 mths 6 3/16 61/16 8w. Frs.160 words
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Article54 1976-10-15 8 RANGE of prices offered by discount houses on Oct. 14. Overnight 2N to 3*4* Call deposit 2* to 3*« Cl«ua« Buy Ml 3-Month Treasure bills 3 3/16 3 1/18 3-Month Banks bills 4 1/2 4 3/8 3-Month CD 4 5/8 4 1/2 6-Month CD S 1/16 4 15/1654 words
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Article176 1976-10-15 8 Euro rates LONDON, Thurs Eurodollar deposit rates eased after a steady opening In small turnover. Some prime name offering, low loan demand and the FED action on Wednesday to depress the FED funds rate were cited by dealers for the decline. Both short and fixed date rates averaged 1/16 falls176 words
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Article46 1976-10-15 8 Minimum tending rates (in 1 ATftr 7 n AkMMM Rnnk 7 7 HKS8C 7V4 7 7 Bonk o* China 7V4 Motoyon Bonking 7 7 7 Bonk Ntgoro OCBC 7 7IA oue 7 C KortMd Bnnfc UCB 7V4 ChOM Monhotton 7 UMBC 7Vi DBS 7 uoe 746 words
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Article177 1976-10-15 8 NEW YORK, Thursday, US textile imports of cotton, wool and man-made fibres are running 62 per cent higher than in 1975, at 3.6 billion square yards equivalent (SYE) from January through August, an analysis of Commerce Department statistics by the American Textile Manufacturers Institute (ATMI), shows.177 words
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Article173 1976-10-15 8 LONDON, Thurs The Commonwealth Secretariat forecast world paddy production for the 1976/77 year at 340 million tons, now that harvesting of that crop Is underway In the Northern Hemisphere. This compares with 344 million tons forecast for 1975/76. The secretariat estimates there has been a small increase173 words
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Article34 1976-10-15 8 Reuter EAST BERLIN, Thurs The Soviet Union has promised East Germany a significant amount of grain to counteract considerable shortages caused by the summer drought, the official ADN news agency reported. Reuter.Reuter - 34 words
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Article455 1976-10-15 8 LONDON, Thurs. Sterling dropped below US$l.65 In early trading here, partly on weekend technical factors but also undermined by nervousness ahead of the UK September trade figures due this afternoon, dealers said. The pound was quoted around $1.6435/ 55, having fallen quickly from $1.6540/ 50 overnight. The bank of455 words
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Article222 1976-10-15 8 NEW YORK, Wed. The dollar closed slightly lower on balance after a light, featureless trading session here, dealers said. Easier Eurodollar rates, which followed more indications in the day that the Federal Reserve system has eased monetary policy and is apparently aiming; for a five per cent federal222 words
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Article194 1976-10-15 8 TOKYO, Thurs. The Bank of Japan is believed to have sold an estimated US$2O million to prevent the yen from declining too fast, banking sources said. The US dollar for overnight delivery closed at 292.30 yen, up from 290.50 at the opening and 290.10 at Wednesday's close. Strong dollar194 words
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Article33 1976-10-15 8 HONGKONG banknotes quoted on Oct 14: US 4.85/4.87 UK 7.95/8.15 Burma 2.00/2.50 India 4.45/4.75 Indonesia 1.12/1.16 Japan 1.665/1.675 Korea 0.90/0.95 Philippines 0.59/0.62 Singapore 1.965/1.985 Malaysia 1.92/1.94 Brunei 1.925/1.945 Thailand 23.60/24.00 Taiwan 11.85/12.1533 words
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Article50 1976-10-15 8 AUSTRALIA/NZ exchanges quoted on Oct 14: Australia: Sterling 0.7519/0.7441 US dollar 1.2408/1.2358 Ninety day air mail buying rates: Sterling 0.7878, US dollars 1.2691 Ninety day forward buying rates: Sterling 0.7669, US dollars 1.2247 New Zealand: Sterling 0.5884/0.5850 US dollar 0.9778/0.9678 Ninety day forward rate: Sterling 0.9974, US dollar 0.637950 words
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Article42 1976-10-15 8 ZURICH exchanges quoted on Oct 13: US 2.4417-4427 UK 4.0410-0455 Can 2.5095-5115 W Germ 100.48-57 Neth 95.58-69 France 48.67-73 Belg 6.52-3/4 53-3/4 Denm 41.76-81 Norw 46.02-06 Swed 57.51-57 Italy 0.2898-2904 Austria 14.14-17 Port 7.80-82 Spain 3.58-3/4 59-1/2 Arg 1.25-2.25 Japan 0.84-84-1/242 words
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Article33 1976-10-15 8 FRANKFURT exchanges quoted on Oct 14: US 2.4290/4305 (2.4295/4305) Can 2.4960/70 UK 3.99/4.00 Neth 95.20/35 Switz 99 .50/65 Italy 2.85/90 France 48.45/60 Norw 45.81/86 Belg Com 6.51/52 Belg On 6.33/34 Japan 0.8365/8033 words
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Article295 1976-10-15 8 LONDON, Thurs. Straight bonds firmed slightly In moderate turnover, dealers said. Generally prices were 1/8 point hither with many Issues holding Wednesday's levels. Chrysler Credit Cananda 9-* per cent due 1982 eased to 95-% 96-* after trading around 96-* 97-* on Wednesday. New Zealand 1-% percent 1983 held295 words
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Page 8 Advertisements
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Advertisement163 1976-10-15 8 The international bank with your interests at heart. Dai-lchi Kangyo Bank is Japan's largest bank. With assets of about 39 billion dollars. But our size doesn't make us impersonal. A worldwide staff of financial experts ready to give your project their individual attention. And we have your interests at heart.163 words
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TRANSPORT AND COMMUNICATIONS
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700 1976-10-15 9 WILLIAM STEVENS - (FOR MORE MILEAGE) By WILLIAM STEVENS NYT THIS is a watershed year in the history of the American car. October 1977 brings the beginning of the end of the iron monster, at least In its grossest forms: the long, low, wide, bulgesidedNYT - 700 words
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658 1976-10-15 9 DAVID SHIPLEGDC - By DAVID SHIPLEGDC NYT THE American ships that have been bringing grain here from the United States have also brought some troubles, according to Soviet maritime officials namely, curfew violations, drunkenness, vandalism, fist fights and black marketeering by some AmericanNYT - 658 words
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Article99 1976-10-15 9 Direct PakB'desh trade Reuter KARACHI, Thars.-Mwd Bii|l«lwfc ud PikkUa an to start later this msnth, the Bangladeshi ambassador to Pakistan, Mr Abdullah Zahiruddin, told reporters hsro recently. There has hoaa no direct trade since late 1971 when the Indo-Pakistan war took Jtlaee and Bangladesh, ormorly Bast Pakistan, cum into existence.Reuter - 99 words
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Article98 1976-10-15 9 AP BAHRAIN, Thuri. British Airways' supersonic Concorde Jetliner was forced to return here on Tuesday 45 minutes after takeoff because of "a slight hydraulic leak," airport sources said. The airport was put on full emergency alert for the Concorde's relandlng, though the Jet wasn't endangered, theAP - 98 words
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Article60 1976-10-15 9 VietnamLaos air link AP BANGKOK, Thurs. Vietnam's civil aviation departments started an Inaugural flight on Tuesday connecting Hanoi and the Loatlan capital of Vientiane, Radio Hanoi said yesterday. The broadcast said that commercial flights have been resumed to fulfill part of the Vietnam-Laos transportation agreement signed on Sept. 7. CommercialAP - 60 words
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Article60 1976-10-15 9 UPI TOKYO, Thurs. The 150,000-member All Japan Seamen's Union says It will demand a monthly wage Increase averaging 18,430 yen (U5561.43) for seamen of ocean-going ships In next spring's labour struggle. If a 3.2 per cent regular pay raise is Included, the wage hike will amount to 20,600UPI - 60 words
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Article492 1976-10-15 9 Operator CPA PAA CAL JAL SIA OIA OIA PAL SIA SN 1 ARRIVALS Service Local Number Time From CX003 0045 HKO PA841 0838 SFO/HNL/ OUM CI806 1000 HLP JL712 1000 HLP SQ209 1010 HLP OA980 1030 HLP QA908 1100 MES PR501 1118 MNL SQ240 1205 MES SN287492 words
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696 1976-10-15 9 VICTOR McELHENY - By VICTOR McELHENY NYT ELECTRON-BEAM machines, people in the semiconductor industry expect, will In the years ahead carry electronic mlcroclrcults much further Into the realm of cost-cutting microminiaturisation and, consequently, Into a widening range of mass-market products with computer features. In effect, the circuitsNYT - 696 words
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Article, Illustration317 1976-10-15 9 EXPECTED ARRIVAL TODAY KUKI WHARVES Anosla (1100 after Olenlyon) 1/3 Bunt* Gelang (1200) It Eastern Poseidon (H3OK 2300) 40/41 King Tower (0600 22 Lycaon (after Vlshva Mam la) 44 Nanshan (1500 Subject Free Board after Kyoten Mam) 29/30 Nlkoiay Nekrazov (after Neder Rhone) 35/30 Rhexenor (2300 after317 words
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Page 9 Advertisements
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Advertisement71 1976-10-15 9 Have you k v I this man? i Phil Sol man IS Managing Director TM:W226/7 Ta COLOUR TV FROM REDIFFUSION i 8E 1 m HIGH PRECISION MACHINING CAPACITY Manufacturer equipped with latest German metal-working machines for mass production or large series provides the following capacities. High precision TURNING on Auto-lathes.71 words
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Advertisement86 1976-10-15 9 ICL 'S CONTRIBUTION TO DEVELOPMENT 7502 Range (7^| of terminal systems commumcadws Computer power where you need it Improves efficiency Protects your investment Offers wide choice of systems Increases your business opportunities Visit the ICL stand at the Singapore Professional Centre Exhibition Shangri-la Hotel Oct. 15th 18th (inclusive) to see86 words
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Article, Illustration2368 1976-10-15 10 Malaysia's talks with the international oil companies are reaching a crucial stage, with a little over a month to go to the Nov 15 deadline. Indonesia also had cliff-hanging talks with the major oil companies. To see if there are any lessons,, the writer2,368 words
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569 1976-10-15 10 WONG HUNG KHIM - i i:ti i:ns to thk i ditok WONG HUNG KHIM "•"•""•"SB: I REFER to your report headed "SBS facta ssrlous cash flow problem" (Business Times, Oct and would like to correct certain inaccuracies in the report by elaborating on our press relets* dated569 words
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Page 10 Advertisements
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Advertisement361 1976-10-15 10 D D Pertanian Baring Sanwa A JOk3l VI Multinational Berhad (Incorporated in Malaysia) 1976 Annual Accounts Profit and Loss Account for the year ended 31st May, 1978 HaHn rl Irn m rwnoo ivwvv 24.4.1974 to 31.6.1978 Trading profit for tha yaar bafora taxation Taxation baaad on profit for tha yaar361 words
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258 1976-10-15 11 Reuter TOKYO, Thurs. The Japan Machinery Federation said it revised upwards its estimate fiscal 1976 machinery production to 30,895 billion yen (SS26G billion), an increase of 12.5 per cent compared with fiscal 1975, with exports totalling 11,323 billion yen, up 21.4 per cent.Reuter - 258 words
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221 1976-10-15 11 THE Chemical Bank has shown great interest in the Asian-Pacific region as Is evidenced by its US$2 billion (554.9 billion) total investment in the area, it claims that this represents the largest percentage rise in the bank's Investments in any region over a four-year period.221 words
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204 1976-10-15 11 Reuter KUALA LUMPUR, Thurs. The Association of Natural Rubber Producing Countries (ANRPC) will hold a seminar on problems of smallholders at Haadyai in Southern Thailand from Oct 18 to 23. ANRPC Secretary-General Moeljono Partosoedarso has said. Dr. Partosoedarso told reporters here yesterday thatReuter - 204 words
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819 1976-10-15 11 AP UNITED NATIONS, Thurs. Any reduction of the yawning gap between poor and rich nations by the year 2,000 will require Herculean efforts by developing nations and major changes in the world economic order, according to an important new UN studyAP - 819 words
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Article292 1976-10-15 11 Reuter KYOTO, Thurs. Major Industrialised nations want the rich oil producers to contribute US$l.5 billion (553.7 billion) or more to a planned $9 billion Increase in the funds of the International Development Association (IDA), IDA vice president lan Car gill said here yesterday.Reuter - 292 words
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Article, Illustration173 1976-10-15 11 AP ISLAMABAD, Thurs. Prime Minister Zulfikar Ali Bhutto disclosed for the first time yesterday that several thousand Chinese technicians and labourers are working on the Karakoram road which will connect Pakistan with China's Sinkiang province. Mr. Bhutto made the disclosure in a message sentAP - 173 words
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Article236 1976-10-15 11 IPOH, Thurs The Perak State Development Corporation will start prospecting for tin and other metals on about 566.6 hectares on the Larut Hills and Batang Padang area early next year. Its general manager, Encik Hamdan Hazizi said that prospecting work will be jointly carried out by the236 words
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Article244 1976-10-15 11 FOREIGN-affiliated companies own at least 25 per cent of the equity in Japan. This is revealed In a survey conducted by the Japanese Ministry of Trade and Industry (MITI). The survey, up to March 1975, polled 1,774 foreign affiliates with 66.7 per cent responding. In terms of244 words
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Article55 1976-10-15 11 Reuter JAKARTA, Thurs. A leading French financial expert said Indonesia's balance of payments problems were temporary and could be overcome with traditional exports and oil. Mr. Pierre Moussa, general manager of Banque de Paris et des Pays-Bas, told reporters last night that Indonesian traditional exports would beReuter - 55 words
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Article131 1976-10-15 11 Reuter ROME, Than. Italy has temporarily suspended lira credit lines for foreiga customers until farther notice, a statement by the Foreign Exchange Office •aid. It Mid "on instructions frons the Foreign Trade Ministry, with immediate effect, the use of credit lines in lira for banksReuter - 131 words
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Article, Illustration388 1976-10-15 11 UPI MANILA, Thurs. Former President Dlosdado Macapagal today accused President Ford's administration of "tolerating dictatorship'' In the Philippines and said he hoped a change in the US presidency would mean a "setback" to martial law rule here. He made the statement duringUPI - 388 words
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Article188 1976-10-15 11 TOKYO, Thurs. The Ja-pan-Vietnam trade Association and the Vietnamese Chamber of Commerce have signed a memorandum in Hanoi to promote trade and economic cooperation between the two countries, the association's mananglng director, Mr. Mitsunobu Nakahara, said today. Mr. Nakahara. wno recently returned here from a three-week188 words
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290 1976-10-15 11 Reuter LADYBRAND, (South Africa). Thurs. Prime Minister John Vorster said tonight external economic pressure was being applied to South Africa to try to force it to abandon its policy of separate racial development (apartheid). He told a meeting of the Ruling National Party hereReuter - 290 words
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Article104 1976-10-15 11 MEMBERS of the public are reminded to redeem their old Malayan currency notes and coins Issued by the Board of Commissioners of Currency, Malaya and British Borneo, by Dec. 31, 1976. After that date, the Malayan currency will no longer be redeemable. The deputy104 words
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Article87 1976-10-15 11 Reuter SYDNEY. Thurs. Japan is anxiously awaiting for Australia to arrive at a national decision on uranium policy, counsellor to the JaEanese Federation of conomic Organisations (Keidanren), Mr. Toshlro Shlmanouchl, said. He told a seminar organised by the Financial Times Japan hoped Australia will be a stableReuter - 87 words
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Page 11 Advertisements
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Advertisement570 1976-10-15 11 APPOINTMENTS Applications ore invited from suitably qualified persons for the following appointments:(A) PRINCIPAL ACCOUNTANT A recognised Accountancy qualification eli?ible for full membership of the Singapore ociety of Accountants. Applicants must have at least 8 years post qualifying relevant experience ond are holding senior positions in large organisations. To assist the570 words
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Advertisement541 1976-10-15 11 SCHOTTEL FAR EAST (PTE) LTD requires an A recognised degree or diplomo in mechanical engineering preferably with some relevant working experience. The successful candidate who will be a Singapore Citizen may be required to undergo 6 months training in Holland on the operation and maintenance of Schottel marine propulsion units.541 words
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257 1976-10-15 12 SYDNEY, Thurs. Australia was advised today to set up an International capital market once domestic and international economic problems were settled. Sir Peter Tennant, Industrial adviser to Britain's Barclays Bank International, totd the Financial Times conference In Sydney there were two pre requisites257 words
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347 1976-10-15 12 MELBOURNE, Thurs. Prime Minister Mr. Lee Kuan Yew has charged that a central group, made up primarily of Malaysians, Is spearheading the recruitment of Singapore and Malaysian communists In Australia. He also described Australia as one of the major breeding grounds for such communist347 words
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Article325 1976-10-15 12 A NEW photocopying machine was Introduced to the press at a preview yesterday. The latest entrant into the market is a product developed by the Dutch multinational Oce Van Oer Orlnten which has gone into partnership with the Hagemeyer trading group. Mr William Voorwalt, Seneral manager325 words
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Article, Illustration842 1976-10-15 12 POSSIBLE RECOVERY BY THE NEW YEAR? Reuter HONGKONG, Thurs. Brokers here generally said they see a case for recovery in the local stock market from its loeees of the past month by the end of calendar 1976 or by the Chinese New Year at theReuter - 842 words
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225 1976-10-15 12 AMERICAN businessmen la Singapore will jola their colleagues from all parts of the Asia-Pacific region today in Jakarta to discuss the US tax hill which Is expected to hit hard at their Income. Over a dosen representatives from Singapore will he among the225 words
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115 1976-10-15 12 THE Institute of Banking and Finance will be coming out with its first ever annual sometime this month. Called "Singapore Banking and Finance the publication is expected to be the first comprehensive introduction to Singapore as an international financial centre. Featured in the Journal115 words
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Article74 1976-10-15 12 UPI WASHINOTON, Thurs. The Bupreme Court on Tuesday let stand a lower court ruling that international airlines are liable for a maximum U8|75,000 (8(183,750) in damages to survivors of persons killed in airport lobbies by terrorists. The justices rejected without comment an appeal by Trans World Airlines,UPI - 74 words
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368 1976-10-15 12 SEVERAL international companies are presently having discussions with the government on the setting up of supporting services for Industries here. These include precision plating and die-casting, investment castings, heat treatment for hot aircraft parts and others. This was revealed by Mr. Tang See Chlm, deputy368 words
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Article381 1976-10-15 12 AP Reuter BANOKOK, Thurs. The Thai military's top foreign policy adviser said today that Thailand must "act immediately to restore good relations with the United States which have deteriorated over the past three years." Mr. Thanat Khoman, adviser to the ruling military council, didAP; Reuter - 381 words
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Article409 1976-10-15 12 BORROWERS from the Private Investment Company for Asia (PICA) will find that the terms for new loans will be a little harder, with floating rates of Interest and loan periods tailored to correspond to PICA'S funding. This however should not worry Singapore borrowers unnecessarily. They409 words
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Article164 1976-10-15 12 Reuter LONDON. Thurt. la a move to rodaoe laftwiag la* fluencc, Education Secretary Shirley Wllliama yaaterday announced aha will challenge Mr. Michael Foot for the deputy loader ahlp of Brltaia'a ruling Labour Party. The American-bom Mra. Wllliama, 44, came uadar ■touatiac praoauro to ataad fromReuter - 164 words
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290 1976-10-15 12 THE Unltec unlikely In the r to embark on i ilve and strict imp ction policy slmll > that adopted eleewh .d. This forecast was made by Dr. Nancy Barrett, deputy assistant director of the US Congressional Budget Office, at a lecture on290 words
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Article38 1976-10-15 12 AP WHITE PLAINS (New York), Thurs. General Foods Corp., the largest U8 coffee marketer, said Tuesday it had raised wholesale prices for the second time in four months on five of its most popular brands. APAP - 38 words
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174 1976-10-15 12 BANK of America vice-pre-sident, Mr. J. O. Bims, yesterday warned that gaps between what the professional men and women can deliver and what the public expects them to deliver are bertnnlng to show. He said that this public scepticism comes at a time when one174 words
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Advertisement60 1976-10-15 12 'A >' Exotic cuisine passionately recommended Luziza Fresh prawns marinated in honey and sour spices from Bikaner. 4 Nuwabi Selected tender cubes of lamb marinated in subtle hot spices. A favourite of the Nuwabs. Harem's joy Tender chicken prepared in secret spices. Koulfi Ice Cream as prepared in Kashmir. J60 words
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Advertisement239 1976-10-15 12 »*-r i. "4 \|>W .1 I li 111 ll l< sl.llH.lllt tll.lt II 11 I ll.illi i\ v<iiii l.istr l'it Ihi Imrst In t< >< h si i v i<i .i iii I 1111 ii |ci ill i t.i imm m I >ii ii !>\ i .111' 1 1< 11239 words
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