The Business Times, 29 October 1976
1976-10-29
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1976-10-29 1 BUSINESS TIMES M.C.(P) 1455/76 FRIDAY, OCTOBER 29. 1976 50 CENTS10 words
-
NEWS SUMMARY
-
Article58 1976-10-29 1 ROME, Thurs. The International Monetary Fund (IMF) has told the Italian Government that Italy has not done enough to reduce Inflation, according to Treasury Minister Oaetano Stammatl. The IMF views were expressed during a bid by Italy for a stand-by credit from the Fund to help58 words
-
Article71 1976-10-29 1 SOME Chinese goods Imported to Singapore will cost more from now on say representatives of Import firms here now attending the Autumn Trade Fair in Canton, who have reported back to their firms here. Chinese cotton goods will cost 20 to 30 per cent more71 words
-
Article59 1976-10-29 1 JAKARTA, Thurs. Foreign Minister Adam Malik said here today that recent developments In China were encouraging for the normalisation of relations between Jakarta and Peking. He said Chna had fulfilled some of the preconditions for normalisation which Included the renouncing of dual nationality, dropping Its antlIndoneslan59 words
-
Article64 1976-10-29 1 Reuter BANGKOK, Thurs. Senior police officers today questioned former Prime Minister Seni PramoJ about police student clashes at Thammasat University here on Oct 6 which preceded a military coup and ousting of his government. i ne assistant police chief, Lt. General Chamras Mangkalarat, told newsmen that the 45-mlnuteReuter - 64 words
-
Article56 1976-10-29 1 Reuter GENEVA, Thurs. Rhodeslan conference chairman Ivor Richard of Britain said today talks on establishing black majority rule In the rebel colony could go on five or six weeks. The talks opened after a delay of more than two-and-a-half hours and were adjourned to tomorrow after a 20-minuteReuter - 56 words
-
Article95 1976-10-29 1 KUALA LUMPUR, Thurs. The crash of the Sabah Air Nomad aircraft In June In Sabah which killed 11 people Including the late Chief Minister Tun Hajl Mohamed Fuad was caused by overloading, acting Communications Minister Knclk All Sharlff said today. Replying to Mr. Llm Kit Slang (Dap-Malacca)95 words
-
Article44 1976-10-29 1 UPI NEW YORK, Thurs. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 Indus 954.87, down 1.25; 20 transp 207.99, up 0.31; 15 utlls 97.20, up 0.38; 65 stocks 300.47, up 0.07. UPI.UPI - 44 words
-
-
Chief Price Changes
-
Article, Illustration159 1976-10-29 1 SHARE prices continued to move higher at the Stock Exchange of Singapore yesterday on the back of end-of-the-month covering activity. The Straits Times Industrial Index rose 1.14 points to 248.05 while the Business Times averaged gained 3.90 points to 249.28. Rises Most octivc Jardiae* OUB Strait* Trading159 words
-
Article110 1976-10-29 1 Rises Most active Temerloh $2.00 •f .17 Haw Par 274,000 O.C B.C. $8.20 .15 Central Sugars 120,000 S. Trading $5.20 •f .10 Inchcape 104,000 Dunlop Ind Con. Plant. Slme Darby DBS. U.O.B. Wearnes M. Credit Foil! B. Semb. Gleanealy K Kam par M Cables $2.08 08 Slme110 words
-
-
196 1976-10-29 1 FOR the first half of this year, there was very little American investment in Singapore. This was revealed in a paper on the investment climate in Singapore presented by the American Business Council (ABC) to delegates who attended the recent meeting of the AsiaPacific196 words
-
Article165 1976-10-29 1 KUALA LUMPUR, Thur. Finance Minister Tengku Razaleigh Hamzah who present his budget tomorrow, said today the Government will "seize this opportunity" to build up economic activities to promote growth. Tengku Razaleigh, who was speaking at a prebudget interview hoped the people would welcome both in terms of165 words
-
724 1976-10-29 1 ONG LICK KEONG - h ONG LICK KEONG AFTER less than a 12month respite when orders were up and the scramble for workers was on, Singapore's textiles and garment industry has been hit by the same old pattern again. Overseas orders are fast drying up, particularly those724 words
-
532 1976-10-29 1 TRADE unions are reminded that they should not resist the laying-off of workers in industries which are not competitive or whose overseas markets have declined This reminder was made in a speech last night at the Conference Hall by Dr. Goh Keng Swee. The532 words
-
395 1976-10-29 1 Reuter TOKYO, Thurs Both Japanese Government officials and industrial spokesmen said today that Japan has no plans to recommend voluntary restraints on exports to Western Europe in the near future. They were commenting on a statement in Brussels yesterday by Mr. ToshioReuter - 395 words
-
Article103 1976-10-29 1 AP NICOSIA, Thurs. A British bank and two American firms have been blacklisted in the Arab world for allegedly dealing with. Israel, the Arab Boycott Office announced today. The Boycott Commissioner General, Mr. Mohammed Mahgoub, said Britain's Barclays Bank, the American Colage and Walden Ink companies andAP - 103 words
-
Article270 1976-10-29 1 HITS NEW LOW, THEN RALLIES Reuter AFTER two dtyi of relative steadiness in the Singapore fore* market, sterling came under selling pressure again yesterday to hit a new low of (3.84 to the pound. Sources of selling were local and from Hongkong. Only London's entry into the market saved itReuter - 270 words
-
258 1976-10-29 1 Asian bond market set to mature SINGAPORE'S little Asian dollar bond market is «et to burst into maturity despite some observers' misgivings that it may not grow as fast as it hopes to. Reasons cited for slow growth include the feeling that conservative Asian investors still prefer to put surplus258 words
-
Article44 1976-10-29 1 Reuter LONDON, Thurs. Britain enjoyed Its lowest number of strikes for the first nine months of this year since 1953, according to Employment Department figures, published today. There were 1,463 stoppages. 500 fewer than over the same period last year.Reuter - 44 words
-
593 1976-10-29 1 THE government Is planning a new deal for a sector of the economy which has been neglected for some time the small industries. This new package is the Small Industries Financing Scheme, which is likely to be announced by the Development Bank of593 words
-
Page 1 Advertisements
-
Advertisement40 1976-10-29 1 Get advanced copying technology S ii' |M INSIDE NewwTV Radio P2 News/Foreign Features P3 Local Co News P4 Fore inn Co News P5 Local Stocks PS Overseas Stocks P7 Commodities P8 Transport ft Communications P9 Features PlO News Pl 240 words
-
Advertisement96 1976-10-29 1 A World Leader In Pewter Craftsmanship N Selangor Pewter has long been admired by connorsseurs the world over for its elegance and beauty. Individually handcrafted from 97% lead free Straits refined tin,the beauty of quality pewter never dates. Functional as it is decorative, Selangor Pewter is the ideal gift. Selangor96 words
-
Advertisement89 1976-10-29 1 GO WITH ST SINTAT DIPLOMACY Singapore *****3, *****5 (Arport) Kuata Lumpur: *****/7 Penang ***** CHARTERED > U 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 member of89 words
-
-
OVERSEAS
-
Article301 1976-10-29 2 Reuter PEKING, Thur China today rejected messages from Soviet bloc communist parties congratulating Mr Hua Kuo-feng on his appointment as chairman of the Chinese Communist Party. "We have no party-to-party relations with them. The messages have been rejected," a Foreign Ministry spokesman told Reuter. Congratulatory cables fromReuter - 301 words
-
Article87 1976-10-29 2 Reuter DETROIT, Thurs. The United Auto Workers' union (UAW) yesterday threatened to call a strike of 109,000 workers of the Chrysler Corporation in North America unless the company agreed to a new pay deal by Nov 5. UAW president Leonard Woodcock set the deadline after two weeksReuter - 87 words
-
Article207 1976-10-29 2 UPI WASHINGTON, Thurs. For the first time in five years farmers around the world are expected to harvest enough rice and grain to significantly exceed global food demands, the Agriculture Department reported today. A monthly global crop summary estimated the combined production of rice, wheat,UPI - 207 words
-
Article, Illustration62 1976-10-29 2 MEXICO CITY, Thurs. Anxious Mexican* scan newspaper headline* announcing the devaluation of the Mexican peso yesterday to an exchange rate of 26.50 to the US dollar (552.45) The peso dropped 33 per cent compared to the US dollar in reaction to a Government order to "float"UPI Photo - 62 words
-
419 1976-10-29 2 AP WASHINGTON, Thurs. The Ftord Administration said yesterday that government spending so far this year has fallen US$ll.4 billion (Ss2B billion) below what was budgeted. Many economists both in and out of the Government say the shortfall in spending may have been a majorAP - 419 words
-
Article397 1976-10-29 2 LONDON. Thurs. The British Treasury has said It overestimated government spending by US$6.B billion (5516.7 billion) because of an error in calculating Interest on government debts. A senior official today reportedly told the House of Commons expenditure committee that public spending amounts to 52 per397 words
-
319 1976-10-29 2 AP NICOSIA, Thurs. Sixty international companies with more than 100 subsidiaries have appealed to the Arab Boycott Office to remove their names from the blacklist and permit them to resume dealings with Arab countries, the boycott commissioner general, Mr. Mohammed Mahgoub, said yesterday.AP - 319 words
-
Article149 1976-10-29 2 UPI DETROIT, Thurs. General Motor* Corp. yesterday reported o record third quarter profit of U***** million, <8|*72.« million) up 49 per cent from last year aad wrHpeing a three year old mark by $130 million. The world's largest ear eompnny said its profit came onUPI - 149 words
-
Article134 1976-10-29 2 Reuter HAMBURG, Thurs. Algeria yesterday pulled out of what It called "the gas deal of the century with a West European consortium, complaining It had been misled by West German members. Algeria had been negotiating to sell 15 billion cubic metres of natural gasReuter - 134 words
-
314 1976-10-29 2 UPI TOKYO, Thurs«— Denmark and Japan have agreed on construction of a U5566.7 million (SSI63 million) cement factory in Vietnam in the biggest such sale since the reunification of the two Vietnams, a spokesman for F. LL. Smidtn and Co. of DenmarkUPI - 314 words
-
173 1976-10-29 2 UPI LONDON, Thurs. British clothing Is currently experlenclng a period of worldwide popularity, an export chief declared yesterday. Mr. T.P. Randle, director of the Clothing Export Council of Great Britain, said on the opening day of the British International fall fashion fair at Birmingham'sUPI - 173 words
-
409 1976-10-29 2 Reuter HONGKONQ, Thurs. Bullion dealers here said the average and cutoff prices for successful bids at the International Monetary Fund's fourth gold auction were about one US dollar higher than they expected and the gold price should firm in the short and mediumReuter - 409 words
-
Article264 1976-10-29 2 Reuter WASHINGTON, Thurs. The International Monetary Fund (IMF) today raised more than US$6O million (Ssl47 million) for poor countries with a sale of Just under 780,000 ounces of gold at an average price of $117.71 an ounce. This was only a few cents below closingReuter - 264 words
-
250 1976-10-29 2 UPI TOKYO,' Thurs A high ranking Thai Government economist said today his country welcomed foreign investment. Mr. Chira Panupong, chief economist at the office of the Board of Investment (BOI) of the Prime Minister's Office, told a news conference that the present Investment climateUPI - 250 words
-
Article41 1976-10-29 2 UPI THE HAGUE, Thurs. The Netherlands may step up the fight against massive heroin imports from the Far East by posting an antlnarcotlcs police expert at the Dutch Embassy In Bangkok, Justice Minister Andreas van Agt said yesterday. UPI.UPI - 41 words
-
352 1976-10-29 3 TOKYO, Thursday Reuter JAPANESE securities firms have decided to ease the terms of floating convertible debentures here to lure Japanese issuers back from overseas capital markets, the Underwriters Association said. Coupon rates will be cut to eight per cent from November from the presentReuter - 352 words
-
Article203 1976-10-29 3 Reuter TOKYO, Thurs. Japanese banks and securities firms are expected to agree shortly to the Finance Ministry's plan for issuing five-year discount national bonds to step up sales of government bonds to smaller investors, the Underwriters Association said. bome banks which were strongly opposed toReuter - 203 words
-
Article109 1976-10-29 3 Reuter CANBERRA, Thurs. The Australian Government's October cash loan raised AS23O million compared with a record A 5725 million from the July loan, Acting Treasurer Eric Robinson said in a statement. Terms and rates were: August 1978 per cent, February 1982 9V» per cent, FebruaryReuter - 109 words
-
Article89 1976-10-29 3 Reuter MELBOURNE, Thurs Commercial Bank of Australia chairman Sir Thomas Webb said the Australian economy has turned the corner and a moderate recovery can be expected this financial year. Although some economic indicators have behaved erratically the overall trend is encouraging, with wages, inflation and housing someReuter - 89 words
-
Article189 1976-10-29 3 Reuter SYDNEY, Thurs Australia's seasonally adjusted total money supply (M 3) rose 1.4 per cent in September to A 535.02 billion after remaining static in August and compared with a 1.3 per cent rise in September 1975, the Reserve Bank reported. The bank said theReuter - 189 words
-
Article29 1976-10-29 3 TOKYO, Thurs. The ratio of Job offers to Job seekers in Japan for September declined to 0.65, seasonally adjusted, from 0.67 in August, the Labour Ministry announced.29 words
-
Article126 1976-10-29 3 Reuter FRANKFURT, Thurs. Any measures the Bundes--bank may take to soak up domestic liquidity will not be aimed at putting a brake on the German capital market, Bundesbank Central Council director Helnrlch Irmler said. Mr. Irmler told a bankers' meeting the best way to ensure continued ImprovementReuter - 126 words
-
Article62 1976-10-29 3 Reuter WASHINGTON, Thurs. The U8 .Agriculture Department said Indonesia has been given an additional 16 days, up to Dec 31, to ship rice it purchases from US suppliers under an existing P.L. 480 (food for peace) authorisation. Under the agreement Indonesia was authorised to purchase 200,000Reuter - 62 words
-
447 1976-10-29 3 Reuter MUNICH, Thurs. The position of West German manufacturing industry showed a slight seasonally adjusted improvement last month, the IFO Economic Research Institute said. Demand was up a little, but a thrid of the firm's included in IFO's regular surveys regarded their order backlogs,Reuter - 447 words
-
Article131 1976-10-29 3 Reuter WASHINGTON, Thurs. US commercial and 'industrial loans outstanding rose US$4Bl million (511.202 million) to U*****.97 billion in the week ended Oct 20, the Federal Reserve Board reported. This was U555.52 billion lower than the level of business loans outstanding in the same weekReuter - 131 words
-
Article90 1976-10-29 3 Reuter SAN' FRANCISCO, Thurs. Standard Oil Company of California said its earnings for ttje nine months were"negatively Impacted" by US$lO6 million because of additional payments for crude oil required by the Indonesian Government. Social said worldwide earnings from petroleum and natural gas operations were US$2l7Reuter - 90 words
-
Article64 1976-10-29 3 Reuter BRUSSELS, Thurs. Belgian M-l money supply fell 2.7 per cent In August to 748.7 billion francs from 769.3 billion in July but was 11.8 per cent up on the 679.3 billion of August 1975, National Bank figures show. In July the money supply fell 0.85 perReuter - 64 words
-
354 1976-10-29 3 Reuter FRANKFURT, Thurs. Firmness on the German bond market should enable the Bundesbank to continue absorbing domestic liquidity over the next few weeks by dismantling its stock of public authority bonds, banking sources said. They estimated since the mark revaluation on Oct 18 theReuter - 354 words
-
Article34 1976-10-29 3 Reuter NEW DELHI, Thurs. The Reserve Bank of 'India said It is temporarily suspending; forward trading In sterling, US dollars, marks and yen because of the unsettled conditions on international exchange markets.Reuter - 34 words
-
789 1976-10-29 3 LEONARD SILK - By LEONARD SILK NYT DESPITE &n the headlines In the last two years over corporate bribery of foreign Kvernment officials, little s been done to deal with the problem. This, In Itself, may be regarded as further evidence of corruption, but It Is chieflyNYT - 789 words
-
Article, Illustration540 1976-10-29 3 ADAM RAPHEL - By ADAM RAPHEL OFNS ONE of Britain's biggest corruption cases is now threatening to destroy the reputations of several Members of Parliament. The man at the centre of the spider's web Is John Poulson, an architect whose habit of filing every scrap ofOFNS - 540 words
-
-
Page 2 Advertisements
-
Advertisement158 1976-10-29 2 NKR MANUFACTURES: REFRIGERATED CONTAINERS REACH-IN AND WALK-IN REFRIGERATORS/FREEZERS BOTTLE COOLERS STAINLESS STEEL FOOD SERVICE EQUIPMENT CUSTOM-MADE TO YOUR REQUIREMENT r I Remember the name NKR. Estd. 1956. NAM KAIK REFRIGERATION PTE. LTD. WW 25, Link Road, Jurong Town, Singapore 22. mlm Tel: *****1,*****0,*****0. Cable: "COLDBOX" Singapore. L m S Anybody158 words
-
-
Page 2 Miscellaneous
-
Miscellaneous9 1976-10-29 2 BriStcW:EranJcDickienS VAPWg. >pU Fw4\SUfeD TvWVT u=ve.T Sprßim op coßße^ftoND€.NC£9 words
-
Miscellaneous256 1976-10-29 2 SINGAPORE 5 3.00 p.m. Opening Announcements followed by Housewives' Matinee The Tender Nights (r) with English/Chinese subtitles. Pt. 2 of a Mandarin film 4.00 Diary of Events (Chinese) 4.05 Window (Chinese (r) 435 Intermission 6.10 p.m. Opening Announcements followed by The Enchanted House 630 News in Brief 635 Wild, wild256 words
-
-
Page 3 Advertisements
-
Advertisement103 1976-10-29 3 II COLOURTV FROM REDIFFUSION The Most Reputable TV Rental Services Company in Town Mfe have a wide rang* of models to suit •vary budget. Call at our showrooms now. 112. CtomwiCMti Avenue Tol *****1 233. PMpta s Park Complex. Ist Floor Tol: *****5 149. Joo Chiat Road Tol: *****9 359.103 words
-
Advertisement249 1976-10-29 3 iT nothing ri Asia He FORTUNE ir"J 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 new technology. To subscribe to 18 issues249 words
-
-
COMPANY NEWS
-
781 1976-10-29 4 TRACTORS Malaysia continues to view its medium term prospects with cautious optimism though many of the international uncertainties which could affect its business are showing signs of clearing up. The chairman. Tan Sri Talb Andak explains that the major economies which Influence the d6mestic situation781 words
-
Article155 1976-10-29 4 THE following company meetings are due: Mega Chemical* Bhd.: Oct. 29, 10.30 a.m., Registered Office, Wisma Mega 2nd mile, Jalan Batu Tiga Lama, Kelang. The Bukit Katil Rubber Eatatea, Bhd.: Oct. 30, noon, Registered Office, No. 22 (Upper Floor of No. 20), Jalan Gelanggong, Malacca. United* Overaeaa Bank155 words
-
1032 1976-10-29 4 THE beer Industry in Malaysia and Singapore is booming. And sales of the two Industry leaders, Malaysian Breweries and Carlsberg Brewery Malaysia, have been on the uptrend for the past three years. Turnover of MBL wellknown for its famous "Anchor" and "Tiger"' brands has1,032 words
-
Article130 1976-10-29 4 Reuter TOKYO, Thurs. Toyota Motor said it will increase its shipments to the US to about 35,000 units a month in the October-December period to build up inventories of the 1977 models to be marketed there from next year. Toyota had so far reduced its shipments toReuter - 130 words
-
Article42 1976-10-29 4 TOKYO, Thurs. Nippon Electric (NEC) said it signed a provisional contract to export three electronic switching systems worth about six billion yen to Embratel (Empresa Brasllelra de Telecomunlcacones) of Brazil. A formal contract will be signed within a few months.42 words
-
497 1976-10-29 4 NYT NEW YORK, Thurs. The Stock market's headlong plunge of the last five weeks has distressed investors and surprised many security analysis, but a new consensus Is taking shape on Wall Street that positive forces will begin to make themselves felt In the marketNYT - 497 words
-
Article345 1976-10-29 4 Currant Ex Date Total for Total far pay weal Data payable |W year previous year NiriiMl Iw 7.5*TE+ Oct. 11 Oct. 29 7.5*TE+ 12.9*TK 10*+ Sept. 2i Oct. 29 10*+ 20* Baklt Katil 10% Oct. 8 Oct. 30 18* 20* H. GUflllu 5*+ Oct. 12 Oct. 30 9*+345 words
-
Article157 1976-10-29 4 Reuter LONDON, Thurs.- British Caledonian Airways, (BCAL)Brltaln's biggest private enterprise airline, has announced a profit of £6 million for the 12 months up to September. It was the first time for six years that the airline had disclosed Its trading figures. But it was generallyReuter - 157 words
-
Article47 1976-10-29 4 Reuter PARIS, Thurs. Creusot Loire, said It and Rockwell International Corp agreed In principle to create a joint subsidiary in France, subtect to approval by the 'rench authorities. It will make high technology industrial valves. Creusot Loire is part of the Empaln Schneider group. ReuterReuter - 47 words
-
Article82 1976-10-29 4 Reuter 'NORTHBROOK, 111, Thurs EMI Medical Inc said the Food and Drug Administration Bureau of Radiological Health approved modifications to its computed tomograph scanners designed to make them comply with bureau standards. EMI scanners shipped before Oct I exceed bureau collimation requirements and will need changes to complyReuter - 82 words
-
1016 1976-10-29 4 NYT WASHINGTON,T h u r s .-At John Deere, the world's largest farm equipment manufacturer, the first reaction to the Commerce Department's disclosure of the concern's participation in the Arab boycott of Israel was one of shock. The shock rapidly turned to angerNYT - 1,016 words
-
Article85 1976-10-29 4 NEW YORK, Thurs. A 15.8 per cent improvement in third quarter net profit to U5529.3 million ($25.3 million) has been reported by Engelhard Minerals and Chemicals. This raised the ninemonth total to $95.2 million ($85.2 million) on revenue up from $3.83 billion to $4.47 billion, including $1.72 billion ($1.4185 words
-
Article54 1976-10-29 4 FRANKFURT, Thurs Petroleos Mexlcanos (PEMEX) Is rasing 100 mln marks through a seven year eurobond with an expected coupon of per cent, lead manager Commerbank said. Final conditions are expected to be fixed on Nov 8. Other co-managers are Credit Lyonnals, Manufacturers Hanover Swiss Bank Corp (Overseas) Westdeutsche54 words
-
Article71 1976-10-29 4 Reuter LOUISVILLE, Thurs. Anaconda said its aluminum division agreed to buy pollution control technology for its Columbia Falls, Montana, reduction plant from Sumitomo Chemical. The company said the technology will reduce emissions substantially and provide more efficient electric power use. Anaconda said it will spend US$35 million byReuter - 71 words
-
Article60 1976-10-29 4 PARIS, Thurs. The European Investment Bank is seeking US$5O million through a five-year 7% per cent Eurobond Issue, lead manager Banque Arabe et Internationale Internationale D'lnvestlssement (BAII) said. Repayment will be In full at maturity. The Issue already oversubscribed, will be priced on Nov 8 and will Be60 words
-
Article960 1976-10-29 4 On October 27 PRICES on the Chicago Board Options Exchange pointed higher on Wednesday, with gainers topping losers, 269 to 145. CBOE volume approximated 68,993 contracts, down from 74,402 contracts on Tuesday. OPTION JAN APL JLY 8TOCK Alcoa Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel960 words
-
-
Page 4 Advertisements
-
Advertisement273 1976-10-29 4 We Help You lo Mind Ybur Own Business ;trvitradc:ii SB mnnmi mUHHU lj —iu unmmi El_— unmmi iraSe^industry The Republic's foremost Business Review The regular review of Singapore's business scene, compiled for easy reference by executives. Noted commentators and experts present facts and figures with opinion-forming discussion of topical features.273 words
-
-
INTERNATIONAL COMPANY NEWS
-
Article189 1976-10-29 5 DALLAS, Thurs LTV Corp. said It expects a substantial improvement in earnings for the year over 1975's depressed level of $13.1 million. Although it earned net profits of $7.1 million in the third quarter compared with a loss of $23.4 million previously, the company said the189 words
-
Article127 1976-10-29 5 Gulf Western profit rises NEW YORK, Thurs. Though growth at Oulf and Western Industries slowed down in the last quarter, it still ended the year to July 31. 1976 with net profit up 42.9 per cent to U*****.17 million ($140.06 million) on a revenue increase of 30.4 per cent to127 words
-
Article274 1976-10-29 5 Reuter NEW YORK. Thurs. Reporting a 40 per cent jump in interim profit' General Foods has forecast a setback in the third quarter on the back of a downtrend in coffee volume, a projected high Investment in product development and overseas margin pressures. However, withReuter - 274 words
-
Article71 1976-10-29 5 NEW YORK, Thurs. Cities Service has reported a 42.3 per cent increase in net profit to US$56.B million ($39.9 million) on revenue of $963.6 million ($790.3 million) for the third quarter ended Sept 30, 1976. For the nine months earnings were $157.4 million ($91.1 million) on revenue of71 words
-
Article170 1976-10-29 5 "new YORK. Thurs Excluding the sale of its Canadian subsidiary, third quarter net profit of Atlantic Richfield showed a rise of 17 per cent to U*****.9 million. This shows that there has been a considerable slowdown after the doubling of interim earnings from $135.9 million to170 words
-
Article63 1976-10-29 5 NEW YORK, Thurs Operating net earnings at Continental Corp declined to $21.6 million for the third quarter from $28 mlllipn previously. Operating earnings per share fell to 81 cents from $1.06. Premiums written during the quarter were $482.4 million compared with $459 million last time. The company said63 words
-
Article179 1976-10-29 5 NEW YORK, Thurs. For the third quarter, Mobil Corp has reported a 9.1 per cent Increase in net profit to US$252 million ($231 million), making a ninemonth total of $679 million ($613 million). Earnings per share were $2.39 ($2.27) In the third quarter and $6.58 ($6.02)179 words
-
Article115 1976-10-29 5 NEW YORK, Thurs. After chalking up a 24.3 per cent improvement In interim profit to US$47l million, Standard Oil (Indiana) was only able to achieve a 10.2 per cent rise in net earnings to $253.1 million ($229.7 million) in the third quarter. This reduced115 words
-
Briefly
-
Article105 1976-10-29 5 NEW YORK, Thurs Thanks to a first time contribution from Otis Elevator, acquired In July, United Technologies Corp has enjoyed a 79 per cent Jump In net profit to U5549.67 million (27.75 million) In the third quarter ended Sept 30, 1976. For the nine months, net Jroflt rose105 words
-
Article97 1976-10-29 5 NEW YORK, Thurs Third quarter net earnings at Georgia-Pacific Corp rose to $54.2 million from $40.9 million or 56 cents per share from 44 cents previously. Sales amounted to $813.2 million compared with $643.4 million. This brings net earnings for the first nine months to $161.7 million against $112.897 words
-
Article97 1976-10-29 5 NEW YORK, Thurs For the third quarter, net earnings at Pullman rose to $4.59 million from $4.36 million or 42 cents per share from 40 cents. Revenue was $515.9 million against $471.2 million. Net earnings for the first nine months, however, declined to $23.65 million from $25.66 million on97 words
-
Article72 1976-10-29 5 NEW YORK, Thurs For the third quarter, net profit at Consolidated Edison of New York showed a rise of 7.8 per cent to U5598.34 million ($91.25 million) on revenue of $767.5 million ($711.6 million). For the nine months, net profit came to $235.66 million ($220.05 million) on revenue72 words
-
Article96 1976-10-29 5 NEW YORK, Thurs. Third quarter net earnings at UAL Inc have increased more than two-fold to $47.99 million ($23.12 million) or $1.92 per share (93 cents). The company said this was achieved on the back of a 21 per cent rise in revenue to $831.1 million. Net earnings for96 words
-
Article107 1976-10-29 5 NEW YORK, Thurs. Southern Pacific has experienced a slight setback In the third quarter with net earnings sliding to $31.17 million from $35.6 million or $1.17 per share from $1.34 previously. It incurred the setback despite revenue of $481.5 million compared with $434.1 million fast time. However, net107 words
-
Article100 1976-10-29 5 TORONTO, Thurs. Despite a 3.6 per cent fall In revenue to US$l.O7 billion ($l.ll billion), Imperial Oil, a member of the Exxon group, has been able to raise net profit by 3.2 per cent to $57.3 million ($55.5 million) in the third quarter ended Sept. 30. 1976. However,100 words
-
Article102 1976-10-29 5 TORONTO, Thurs. Though revenue increased by 10.9 per cent to U*****.3 million ($693.8 million), net profit at Bell Canada slipped by five per cent to $69.7 million ($73.3 million) In the third quarter. Coming after a good first half when profit rose 30 per cent. It indicates a102 words
-
Article57 1976-10-29 5 NEW YORK, Thurs. For the first nine months of 1976, net profit at Cominco plunged 41 per cent to U5533.3 million ($56 million) despite a revenue rise of 26.7 per cent to $685.6 million ($541.1 million). Share of associates' profit fell by 80 per cent to $3.2 million ($16.157 words
-
-
Article221 1976-10-29 5 Reuter LONDON, Thurs. Courtaulds said it is closing its weaving factory at Skelmersdale, Lancashire, with aloss of about 1,000 jobs. Courtaulds said the factory has operated at a heavy financial loss each year since production started in 1968. These losses are continuing and have been endured farReuter - 221 words
-
Article115 1976-10-29 5 PARIS, Thurs, Lafarge said It made a consolidated profit of 76.3 million francs (67.4 million) In the first half of this year after extraordinary items. It said it expects 1976 consolidated turnover will be about 10 per cent higher than in 1975, while the group115 words
-
Article104 1976-10-29 5 NEW YORK, Thurs. Profit margins at Schlumberger have continued to widen in the current year, with the third quarter results showing a 32 per cent Jump In net profit on a revenue rise of only 10.3 per cent. Net profit came to U5579.24 million ($60.02 minion) on104 words
-
Article109 1976-10-29 5 MONTVALE, Thurs Airco Inc said net income for the third quarter amounted to $13.9 million, an increase of $4.3 million over the previous period. This was achieved on net sales of $210.5 million compared with $184.2 million last time. As a result of the higher income, net109 words
-
Article194 1976-10-29 5 Reuter DETROIT, Thurs. American Motors Corp expects a heavy loss In the fourth quarter and expects its operating loss In fiscal 1976 will be substantially larger than the estimates that have appeared In the news media, chairman, Mr. Roy D. Chapin Jr. told a DetroitReuter - 194 words
-
Article28 1976-10-29 5 NEW YORK, Thurs. St. Regis Paper said It raised its quarterly dividend to 41 US/cents per share from 38 cents, payable Dec 1, record Nov 8.28 words
-
Article106 1976-10-29 5 NEW YORK, Thurs. After suffering a 36.6 per cent profit setback at midterm, Bethlehem Steel rebounded strongly In the third quarter to reduce the shortfall of the nine months to 23 per cent. The latest three months saw net profit rising 25 per cent to U5545.5 million ($36.4106 words
-
Article130 1976-10-29 5 NEW YORK, Thurs The setback at US Steel in the current year has continued Into the third quarter with net profit falling 17.8 per cent to U*****.5 million ($136.8 million) despite higher sales. Revenue rose by 4.8 per cent to $2.16 billion ($2.06 billion) while production130 words
-
223 1976-10-29 5 Reuter PARIS, Thurs. Ste Francalse des Petroles BP would favour an adjournment of the 450,000 tonnes a year capacity steamcracker project In which it is involved with Rhone Poulenc and Shell Chlmie, chairman, Mr. Jean Chenevier, said. The steamcracker is due to be build atReuter - 223 words
-
-
Page 5 Advertisements
-
Advertisement142 1976-10-29 5 .;4a4 *C|4 j 4*4 vi k, 4t4 x' 4*4 v 4*4 v' 4*4 0 1 4*4 x< h44xJ k 4«4 n j 4*4 J 1 <4«4 t 14*4^ 1 >-^4*4j- 1 -l4*4j- i 4*4. v -14*4- v i 4*- y i4*4- v J -^4»4 t&* Fz#Wv Lviii✓, r' w f&f142 words
-
-
Article1872 1976-10-29 6 SECTION ONE INDUSTRIALS im Hl«k htm Cmkit LMt Sale +erGr* Mr Dhr e'vr Gr'a S 14 P/E Vel (*888) Day Hick Low 250 200 100 237 1M 402 204 248 480 137 170 172 80 185 88 254 149 172 394 39 Ac ma Alcorn Allied Choc1,872 words
-
Article1175 1976-10-29 6 BID and offer prices officially Usted and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "Sett." Big Board1,175 words
-
Article146 1976-10-29 6 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manager'* price far Oct. 29) (Camat pricca) The Commerce The Savlnf Fund 1.67 1.77 0.95 I.00 INCOME BOND 1.07 1.13 S pore Prof Fund 0.79 O.Mxd MARA Bl'MIPlTRA FUND S'pore Security Fund S Dore Invest Fund 1.24 1.31 1.03 1 00 (Managers'146 words
-
Article388 1976-10-29 6 B'pore Govt 5 1/2% Taxable Loan No 2 With A I 1975/1 at Dec 1977 (1,000,000) (101.888 101.788) B'pore Govt S 1/2% Taxable Loan No I With A I 1970/15 th Apr 1978 (1,000,000) (101 658 101.728) B'pore Govt 3/4% Taxable Lou No I With A388 words
-
Article1066 1976-10-29 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 AJtfMKMt* (1.81B). A. Tin (0.488). Alm. H*ld. (0.608). A. CAM. (0.6781,066 words
-
Page 6 Advertisements
-
Advertisement122 1976-10-29 6 WW WAGOOOSTART IHROI with flßllUl PUBIICiIIOHS T unui nninirn nnnnmu HOMI STUBIfS DII/ISIM WOLSEY HALL COURSES Professional Examination Courses Institute of Administrative Management Institute of Bankers Inst, of Chartered Secretaries and Administrators Institute of Statisticians London Chamber of Commerce and Industry Business studies courses Economics Commerce Administrative Practice Secretarial Company122 words
-
-
Article571 1976-10-29 7 PRICES improved generally on end-of-ths —ft shortcovering activity at the Stock Exchange at Singapore yesterday. By aad large, the market did not appear to show overail strength aa investor* were still wary of opening new deals. Institutions were also staying on the sidelines, apparently awaiting fresh developments571 words
-
Article502 1976-10-29 7 A PRE-BUDGET speculative buying spree pushed prices a shade higher in fairly active trading on the Kuala Lumpur share market yesterday. In a pre-budget Interview, the Finance Minister, Tengku Razalelgh Hamzah, who will be presenting his maiden budget speech today, indicated that the budget will502 words
-
WALL STREET AND OTHER OVERSEAS MARKETS
-
Article1054 1976-10-29 7 NEW YORK: Strong gains In some of the blue chips and glamorous on Wednesday enabled the stock market to add to Tuesday's brisk rise. But apart from bargain hunting, analysts saw no special reason for the better tone. They said the market was continuing its rally from a1,054 words
-
Article252 1976-10-29 7 AMSTERDAM: Dutch Internationals apart from Hoogovens. fell In an otherwise firm market on Wednesday due to the effect of a firm overnight Wall Street being offset by the decline of both sterling and dollar, dealers said. State loans eased. OCT ru Ahold 81 30 +1.J Akzo 26 00 -0252 words
-
Article163 1976-10-29 7 FRANKFURT: Shares were mixed on Wednesday with early gains following Wall Street's firmer trend dying out on foreign selhng, market sources said. oct r Dm AEO 79.10 -0.7 Akzo Allz Leben Allz Vers BASF 143 50 -0 5 Bay HTWbuik Bay Vbank Bayer 123 70 unch BBC BMW 204163 words
-
Article404 1976-10-29 7 SYDNEY: Uranium stocks led a further rise on Thursday ahead of the Fox report, due to be released later with the market appearing to be expecting favourable recommendation on uranium development, dealers said. The Sydney All-Ordinaries index rose 1.87 points to end at 436.70. Unconfirmed reports that the Government404 words
-
Article270 1976-10-29 7 JOHANNESBURG: Qold shares moved slightly off the top on overseas bullion Indications and ahead of the IMF sold auction on Wednesday, dealers said. oct r Rand A Alpha Abercom AE And CI AMIC ATI Bankor Barlows CcSugar CNA Currte Finance De Beers Ind Edcon Ed fan Everead 85 240270 words
-
Article107 1976-10-29 7 MANILA: The market was generally firmer following recent losses on Thursday, dealers said. OCT Pesos Acoje Mining 014S unch Atlas Con A 29 00 ♦0 75 Atlas Con B 28 00 ♦0.2S Bacuio Oold .0115 ♦0.0006 BenguetCon B BFOoodrtch CDCP IncoB .01 ♦0 001 Lepanto B .1050 unch Marlnduque107 words
-
Article294 1976-10-29 7 HONOKONO: The market closed steady to firmer but Interest and turnover remained very low and trading was featureless on Thursday, dealers said. The Hang Seng Index rose 1.30 points to 302.48. Turnover on the four exchanges totalled HK519.45 million, compared to $18.64 on Wednesday OCT HK1 Ami Rubber 1294 words
-
Article203 1976-10-29 7 ZURICH: The market closed quietly steady on Wednesday. Leading banks and Insurances remained little changed The Credit Suisse index roee 1.4 points to 204.9. ocr a Frana 1 Actions Suisse* Alusulsse Br Alusulsse Ref Brown Bovctl Br. Clba Octfy Br ClbaOelfy P8 Cite Oder Rcc Credit Suisse Br Credit203 words
-
Article248 1976-10-29 7 TORONTO: Oalns among the major mining issues and some blue chip industrials pushed the industrial index up over one point on Wednesday, a day that also saw the gold index Jump nearly 13 points. oct n Abitibt Alcan Algoma Bank Mont Bell Tel Ct 10* 23% 22ft 141k 49%248 words
-
Article298 1976-10-29 7 PARIS: The market was slightly firmer on Wednesday, dealers attributing the rise to a technical reaction to recent falls. Neither the continued weakness of the French franc nor the rise in call money had any Impact. oct r m 4/CORBEILLE Alr-Liquide B 8 N OervalJ Danone C 8 F298 words
-
Article119 1976-10-29 7 BRUSSELS: The market was mixed In quiet trading on Wednesday, delayed by computer failure in setting opening prices, dealers said. Canadian Petroflna was unchanged while Petroflna and American Petroflna firmed. oct r Fn FORWARD MARK XT Acec 380 +89 Arbed 3550 -20 Astur i. 1036 +40 Brascan 420 -4119 words
-
Article76 1976-10-29 7 OCT BahU Asia Fibre 1196 Bangkok Bank 243 unch Bangkok Invest. 143S Bangkok-Metro-politan Bank Bala 333S unch BerllJucker 154 CharoongThal Wire 142 Dumex DusltThanl Faber Merlin First Trust Indo-Thal 1806 unch J And J Ho in Jalaprathan Cement 718 Karnasuta 338 unch LeeKwangMln Metal Box 3 508 unch Rama76 words
-
Article134 1976-10-29 7 MILAN: The market closed firm on Wednesday but below the day's highs after Tuesday's gains. In fairly regular dealings. dealers said. Flat, both Pirelli, SnU ViacoM and Montedison showed fair gains In firmer Industrials. Bonds were quietly mixed. OCT X7 Ure Anlc 400 Assoc Qen ***** +450 Bastofl 920134 words
-
Article381 1976-10-29 7 TOKYO: The market closed higher In active trading on Thursday, although some forerunners met profit-taking towards the close, dealers said. The Dow-Jones average rose 7.83 to 4,641.03 with volume 240 million shares. The new index closed at 350.52, up 0.15. ocr n Ym AitnomoCo «6 ♦7 Xfau ♦51 -4381 words
-
Article802 1976-10-29 7 LONDON, Thurs. Small genuine Interest helped stock markets to rally today and at 3 p.m. the Financial Times Index was up 6.1 to 271.4, dealers said. Oold shares featured In response to the rise In the bullion price following the IMF gold auction yesterday A gain of about four802 words
-
Article87 1976-10-29 7 FINANCIAL TIMES INDUSTRIALS Wednesday 265.3 Tuesday 273.3 Week ago 295.3 TIN Wednesday 110.95 Tuesday 116.25 Week ago 117.71 RUBBERS Wednesday 505.24 Tuesday 498.90 Week ago 506.04 OILS Wednesday 340.19 Tuesday 340.38 Week ago 344.87 DOW JONES AVERAGE INDUSTRIALS Wednesday 956.12 Tuesday 948.14 Week ago 954.87 LONDON DOLLAR PREMIUM Wednesday87 words
-
-
Page 7 Advertisements
-
Advertisement99 1976-10-29 7 ccnißF a BRI6HTER FUTURE in ACCOUNTANCY with HHUKS LYNCH Enrol now with FEDERAL PUBLICATIONS Home Studies Division for the following FOULKS LYNCH Courses Association of Certified Accountants Institute of Cost and Management Accountants Association of International Accountants Institute of Taxation Institute of Accounting Staff Society of Company and Commercial Accountants99 words
-
-
COMMODITY REPORTS AND PRICES
-
Article601 1976-10-29 8 THE Singapore rubber market yesterday, opened slightly steadier on higher London advices allied to weakness of sterling and then held steady in thin trading, dealers said. A major feature was upcountry non-member switching their November to December position at 1.50 cents. Forwards and physicals trading remained neglected. The601 words
-
Article93 1976-10-29 8 DAILY S8R and 8MR price* at noon yeeterday: R.A.8. Not. (CamatMtk) D (Farwi ee. irtMth) O-l' lcen( »nrk«> OU/CrV 3CIMI S8R 20 (1-ton Pallet*) 190.00 192.00N 191.00 193.90N S8R50 M H K 1, B (1—ton Pallet*) 197.30 189.SON 189.80 190.SON 8MRSCV (1— ton pallet) 217.80 218. SON93 words
-
Article161 1976-10-29 8 THE StralU tin price In Penang yesterday rose $3.62* to ctose at $1,183.82 V» per plcul on an official offering down 34 tonnes to 212 tonnes. In LONDON on Thursday, tin gained about £02 per tonne for Cash and £91 for Three Months In both contracts. Substantial currency161 words
-
Article30 1976-10-29 8 Rubber: Oct 27. Singapore: Nov. 207.75 eta (unch.) Malaysia: Nov. 214.75 eta. (op 0.75 et) Tia: $1,183.62 Vi (op $3.62 Vt) Official ofhriag: 212 toaaee (op 34 tea-30 words
-
Article134 1976-10-29 8 LONDON, Thurs. Silver advanced by 0.8 to 12.5p per troy ounce. Firm overnight US futures, weaker sterling and a sharply higher gold price following the good demand at the IMF auction all combined to push the market substantially higher. Shortcoverlng and fresh buying lifted Three Months up to 286.4p134 words
-
Article106 1976-10-29 8 I I] 1 i vara quotad In London Wadnaaday- Tba prteaa otad in US dollars par long ton unlaas otharaiaa Wifcnhy he*. Malaysian 5H ffa bulk Dec 450alr 449alr Jan 4S0alr 44talr Sumatra 5* Oct unch 470* Not unch 445* Dec 4«2.50slr 460* Jan 4Melr 447.90* Feb 455slr106 words
-
Article260 1976-10-29 8 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY. Cacaaut Oil: Bulk *71 sellers, old drum $76 sellers, new drum ISI sellers. Capri: Mixed (loose) UK/Cont *45 buyers. PDEPPER: Muntok ABTA white f.o.b. 100* NLW *322* sellers, Sarawak white f.o.b. 96* NLW (305 sellers. Sarawak special black260 words
-
Article402 1976-10-29 8 THE IMF received bids for 4.2 million ounces at prices up to UBsll9 per ounce. The lowest bid accepted was US$ll6.BO compared with Wednesday afternoon's fixing of U*****.85. This was bullish news for the market which followed the New York closing of US$llO.7O by pushing the price up to402 words
-
Article272 1976-10-29 8 LONDON, Thuro. Copper wire bars rose bv fully £14 for Cash and £16 for Three Months. Values traded erratically during active pre-market dealings as shortcoverlng prompted by firm US futures and currency hedge buying was only partly absorbed by profit taking. But the higher levels were not maintained In272 words
-
Article83 1976-10-29 8 LONDON, Thurs. Zinc rose by mostly £2.50 per tonne. The market fell back from Initial firmer traded levels as profit taking and hedge selling took Three Months back from £405 to £401 stg per tonne In the ring before some shortcovering on the kerb produced final business at £40283 words
-
Article74 1976-10-29 8 LONDON, Thurs. Lead gained £4.50 per tonne for Cash and £5.75 for Three Months. Three Months touched £306 on the pre-market but eased back in the ring under Kflt taking to £303 before il trade of £304 per tonne. Salee of 5,850 tonnes were boosted by carries. On Wednesday74 words
-
Article111 1976-10-29 8 LONDON, Thurs. The terminal opened £0.80 to £0.20 higher on Wednesday's 1700 hrs levels In sales of 1,567 lots. Dealers said that Wednesday's Morocco tender resulted in a cheap price for forward raws but a comparatively constructive price for nearer shipment white. But the main Influence on terminal appeared111 words
-
Article156 1976-10-29 8 LONDON. Thurs. Robust* futures opened strong gains ranging between £53 and £38 on Wednesday's close. Opening call turnover totalled 290 lots. Dealers said the continuing upward movement on terminal where prices extended opening gains by around a further £30, was a reaction to New York's unfulfilled buying pool, weakness156 words
-
Article64 1976-10-29 8 BANGKOK, Thurs. Indicative prices for rice quoted yesterday were: U8 dollars per tonne FOB basis Bangkok. Loonsaln: Unchanged, Parboiled: Unchanged, Malse: Unchanged. In HONOKONO yesterday, the market was quiet with prices unquoted. The day's turnover totalled 204 tons comprising Thais 92 tens, Kwangtungs 104 tons and Austral las 6864 words
-
-
MONEY AND EXCHANGES
-
Article483 1976-10-29 8 ASBAULTB on sterling resumed yesterday In the Singapore forex market when the opening rates were pushed from the U551.5780 level to U851.5570 at their worst In the morning. After two days of steadying its position In the local forex market on Tuesday and Wednesday, not too long after a483 words
-
Article159 1976-10-29 8 Asian rates ASIAN currency deposit Interbank rales as at clow on Oct 2*: U8EM1) (Mhr in (Spat) BM 7 da* ...9 415/16 1 mt* ...»1/16 415/16 2 rruhj 5 3/8 51/^ 3 ruths 58/1# 57/li 8 mths ...6 57/8 9 mlhs ...«3/ie 61/16 12 mths 6 3/8 61/4 Sw.Pta. (■MAei159 words
-
Article48 1976-10-29 8 RANOE of price* offered by dlscount houses on Oct. 28 Overnight l% to 3*« Call deposit 2ft to 3*« Cbsiac 3-Month 8-1 Treasure bills 3 1/S 3 3-Month a 3 WW 3 13/1# 4 3/16 1/16 6-Month CU 4 »/lfl 4 7/1 Source: National Discount Co.48 words
-
Article260 1976-10-29 8 Euro rates LONDON, Thurs. Near periods opened higher reflecting the loss of the Friday dealing technicality, while longer positions and shorts were little changed in slow early trading, dealers said. Interest In new month trading has been light so far with rates holding very steady around openings. The New York260 words
-
Article63 1976-10-29 8 Minimum lending rates (in ACBC 7 First Chicago 7 Algoman* Bonk 7 Citibank 7 Bangkok Bank 716 Bonk of Amorico 7 Bank ot China IVt Bank of Tokyo 7 Bonk Nogara 1 ndonoMo 7Vi HKSBC 7% Indotuor 7 MaJoyan Banking 7 Mittu> Bank 7 OCBC 7 OUB 7 ChW ad63 words
-
Article281 1976-10-29 8 Reuter WASHINGTON, Thurs. The US Agriculture Department estimated combined world production of grain and rice In 1976-77 at a record 1.3 billion tonnes, 6.4 percent above the previous year's estimated output In Its latest world grains situation report the USDA's foreign agricultural service said the expected combinedReuter - 281 words
-
90 1976-10-29 8 Reuter BANGKOK, Thurs. Thai rubber exports fell to 2.2S million klloe In July from 32.80 million in June and 33.93 million In May, trade sources said. They attributed the sharp drop to higher export taxes In July. This brought total rubber export* in theReuter - 90 words
-
Article511 1976-10-29 8 LONDON, Thurs. Sterling traded lower In a market that continues to be exceptionally nervous, dealers said. It touched a record low trade of US* 1.5580/5020, more than two cents below Wednesday's New York close, before rising cautiously to the f 1.57 level The dealers said political worries following Tuesday's511 words
-
Article257 1976-10-29 8 NEW YORK, Wed. The dollar closed weaker on balance, but sterling hit a record dollar low but recovered to close marginally below overnight levels, dealers said. Funds converted from sterling drove the mark to 41.66/68 cents from 41.54/56 overnight although the rise in the Swiss franc was checked257 words
-
Article104 1976-10-29 8 TOKYO, Thurs. The dollar for overnight delivery closed higher at 293.65, against 293.30 at the opening and 293.45 at Wednesday's close. Banks bought dollars to meet Import settlement needs early next month and to square positions, more than offsetting an early decline which reflected an overnight advance by the104 words
-
Article34 1976-10-29 8 HONGKONG banknotes quoted an Oct. 28: US 4.80/4.82 UK 7 55/7.75 Burma 2.00/2.50 India 4.45/4.75 Indonesia 1.10/1.14 Japan 1.637/1.647 Korea 0.90/0.94 Philippines 0.58/0.61 Singapore 1.945/1.965 Malaysia 1.895/1.915 Brunei 1.89/1.91 Thailand 23.30/23.60 Taiwan 12.00/12.3034 words
-
Article39 1976-10-29 8 ZURICH exchanges quoted on Oct. 28: US 2.4345-4355 UK 3.8610-8670 Can 2.5080-5100 WGenn 101.38-47 Neth 96.62-73 France 48.72-77 Belg 6.60-61-1/4 Denm 41.34-39 Norw 46.13-17 Swed 57.67-73 Italy 0.2816-2825 Austria 14.26-29 Port 7.74-77 Spain 3.57-1/4-58 Arg 1.25-2.25 Japan 0.83-83-1/239 words
-
Article50 1976-10-29 8 AUSTRALIA/NZ exchanges quoted on Oct. 28: Australia: Sterling 0.7787/0.7709 US dollar 1.2285/1.2235 Ninety day air mall buying rates: Sterling 0.8172, US dollars 1.2564 Ninety day forward buying rates: Sterling 0.7999, US dollars 1.2124. New Zealand: Sterling 0.6006/0.5971 US dollar 0.9556/0.9456 Ninety day forward rate: Sterling 0.6562, US dollar 0.9741.50 words
-
Article32 1976-10-29 8 FRANKFURT exchanges quoted on Oct 28: US 2.3950/70 2.4010/18) Can 2.4665/75 UK 3.76/78 Neth 95.28/43 Switz 98.52/67 Italy 2.75/77 France 47.85/48.00 Norw 45.47/53 Belg Com 6.51/52 Belg Fin 6.40/41 Japan 0.8157/6732 words
-
Article354 1976-10-29 8 LONDON, Thurs. Straight bonds were generally steady In moderate activity, dealers said. In first time dealings, the Kockums Mekaniska Verkstads eight per cent issue due 1983 and priced at par opened around 99 99-Vi and later eased to 98-*» 99-% on few enquiries. Also In first time dealings.354 words
-
-
Page 8 Advertisements
-
Advertisement159 1976-10-29 8 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times BUSINESS TIMES Singapore's Financial Daily Subscription Rates (in Singapore currency) Surface mail Zone Singapore Malaysia. Brunei Overseas Second class airmail (Individually wrapped and mailed) Zone Brunei. Sarawak. Sabah Australasia/Pacific (excluding Hawaii)159 words
-
-
TRANSPORT and COMMUNICATIONS
-
781 1976-10-29 9 RICHARD WITKIN - By RICHARD WITKIN NYT CORPORATE aviation, a world of privately owned executive planes that are generally conditioned like thoroughbreds and operated with consummate conservatism, has built a safety record rivaling the low accident rate for US airlines. But the composure of thisNYT - 781 words
-
241 1976-10-29 9 TOTAL volume of cargo handled by Singapore's ports is improving quite steadily, as figures from the Statistics Department show. In the first eight months of this year, total volume (discharged and loaded) was 36.7 million freight tonnes. This represents a 7.7 per cent241 words
-
Article114 1976-10-29 9 Reuter PARIS, Thurs. French car and commercial vehicle production totalled 284,980 in -September bringing production for the first nine months this year to 2.13 million, 18.7 per cent more than in the same 1975 period, the French Car Makers Association said. The association did not publishReuter - 114 words
-
Article502 1976-10-29 9 ARRIVALS Service Local Operator Number Time From CPA CX003 0045 HKG PAA PA841 0835 SFO/HNL/ GUM CAL CI806 1000 HLP JAL JL712 1000 HLP SIA SQ209 1010 HLP OIA GA980 1030 HLP GIA GA908 1100 MES PAL PR501 1115 MNL SIA SQ240 1205 MES SN SN287 1200502 words
-
448 1976-10-29 9 STANLEY CARR - By STANLEY CARR NYT A JUDGE'S ruling in a US$l.5 million (553.7 million) lawsuit involving allegations by vacationers about conditions in a resort in Jamaica may have a significant impact on future litigation concerning the travel industry. Judge Charles Tierney of the SupremeNYT - 448 words
-
Article, Illustration342 1976-10-29 9 EXPECTED ARRIVAL TODAY KEPPEL WHARVES Catamarca II (1900 after Pearl Island) 44 Kenlngau (1230 20 King Lake (0600 20 King Tower (0600) 10 Knud Maersk (0600) 27/28 Mikolay ReJ (1400) 1/2 Patricia M (5 MVY 2100 after Pearl Island) 45 Peter Rlckmers (VAE 0600) 11/12 Tosel Maru (JHFL342 words
-
Article208 1976-10-29 9 Reuter LONDON, Thurs. The British shipbuilding industry's total order book on Sept 30. stood at 213 ships of 3,356,000 gross tonnes against 294 ships of 5,375,000 gross tonnes a year ago, the Shipbuilders and Repairers National Association (SRNA) said. It is clear that order books inReuter - 208 words
-
Article91 1976-10-29 9 Reuter CANBERRA, Thurs. Australian car Imports fell to 5,313 vehicles in September from 8,018 In August and 6,705 In September, 1975, the Bureau of Statistics said. This was the lowest monthly-figure since March last year. September imports by value fell 34 per cent from August to AReuter - 91 words
-
Article140 1976-10-29 9 NYT TEL AVIV. Thurs. The main emphasis of a plan drawn up by the Israeli Ministry of Tourism for tourist development through 1985 is to encourage the building of hotels and other facilities in parts of the country with historical, religious and scenic attractions. TheNYT - 140 words
-
Article141 1976-10-29 9 Reuter COPENHAGEN, Thurs. The Danish interests in four reefer ships belonging to Maritime fruit Carrier have been transfered to Cunard Steamship, the Danish state-owned Ship Credit Fund said in statement. The ships are Gladlola, the Orchidea, the Irish Queen and the Chrysanthema which were allReuter - 141 words
-
207 1976-10-29 9 A SINGAPORE-BASED German company, Deutz Far East, is intensifying its marketing drive to sell more agricultural tractors in Malaysia and Indonesia. This is because increasing land development and economic activity in both countries have created new needs for increased mechanisation. Mr. Thomas207 words
-
-
Page 9 Advertisements
-
Advertisement89 1976-10-29 9 Haveyou seen this woman? v W; A TbresaLee USPNeedham Research Manager Te1=*****/7 V s* 'i m > <o 1 *0 K V w Exotic cuisine passionately recommended Prawn musalla Selected fresh prawns cooked with subtle spices, onions, paprika juice and sauce Tubarine. Araby Choice cuts from tender lamb cooked with89 words
-
Advertisement16 1976-10-29 9 Ifl/IGHT HOUDRYf The Executive's Travel Agent Suite 102 Cathay Building Mount Sophia Singapore 9 Telephone *****2.16 words
-
Advertisement171 1976-10-29 9 r I To:- ARI2 SOUTNASU TRAMNG CO,(PTE) LTD. Please send me more details on the current range of AR speakers AR's Advanced Development Division has recently added 3 sew speakers to the range: AR-12, AR-14 and AR-16. The performance standard expected of them remains the same as for all other171 words
-
-
Article, Illustration765 1976-10-29 10 PHILIP DOUGHERTY - By PHILIP DOUGHERTY NYT EXPERTS in the six major advertising media gathered on Friday at the Biltmore hotel to forecast the future, at least as far as 1980. As you might expect, rising costs, especially in television, were high onNYT - 765 words
-
Article, Illustration655 1976-10-29 10 UPI ITALY'S communist* are getting their first big taste of national policy-making and the experience is proving less tha'n sweet for some of the party's hard-line leaders and rank-and-file supporters. Some of the hard-liners are even saying the party may be losing itsUPI - 655 words
-
Article1041 1976-10-29 10 Financial Times THE SOUTH African authorities have in the past six months commissioned the two new harbours of Richards Bay, in Natal, and Saldanha on the Western Cape coast. With associated port and railway facilities, these projects had cost more than R2 billion (about £1.3 billion)Financial Times - 1,041 words
-
Article, Illustration1097 1976-10-29 10 DAVID WHITE - THE BIGGEST ALUMINIUM COMPLEX IN THE WORLD By DAVID WHITE BRAZILIAN AND Japanese Interests will start work on an aluminium complex near the Amazon port of Belem when the rains ease off next spring. At a cost of $1.3 billion (5532.5 billion and destined1,097 words
-
Page 10 Advertisements
-
Advertisement329 1976-10-29 10 APPOINTMENTS GENERAL ELECTRIC (U.S.A.) HOUSEWARES PTE. LTD. We invite suitably qualified candidates for the post of:INVENTORY CONTROL I AND SYSTEMS ANALYST Qualifications /Experience: Degree/Diploma in Production Engineering At least two year's experience in Materials Management Responsibilities: Materials Requirements Planning Plan levels of raw and in-process inventories Control Materials flow from329 words
-
-
Page 11 Advertisements
-
Advertisement512 1976-10-29 11 Important reading for all businessmen f. i mm V en #0 id I wrnw* mm •52 XT 2 3C mm -mm mmm**- vyttwi m*m <> NMp^Ppftt WMln vA A; ■WM*. ••> IMMN a* I iP3toiifei w ll# w* 4* lr;*ssw*> <«» ,r f*»* St sr 'ti "fi. S* »>« I512 words
-
-
557 1976-10-29 12 Reuter SYDNEY, Thurs The Ranger uranium environmental inquiry's first report gave qualified approval for the mining, milling and export of Australian uranium under strict control. The report said the hazards of mining and milling uranium and nuclear E)wer, If properly regutedReuter - 557 words
-
317 1976-10-29 12 MUCH has been said about the Asia-dollar market and its recent flurry of activity, with scant. If no, attention given to one of its aspects Prescribed External Bonds (PEB). PEBs are those foreign currency securities which resident Investors can hold without limit. Under317 words
-
295 1976-10-29 12 Reuter NEW YORK, Than. A •weeping love*ti|itiqi now under way of South Koreas political influence in the United States could become a major expose of political corruption, the New York Times reported today. The probe is focussing on the possible involvement ofReuter - 295 words
-
Article106 1976-10-29 12 THE Housing and Development Company (HUDC) announced yesterday that It is releasing 36 "walk-up" flats at East Coast Estate for sale at $85,000 each. Scheduled for completion by the end of 1977, the area of each unit In the two fourstorey blocks is approximately 158106 words
-
159 1976-10-29 12 THE Republic, In relation to geographical size, is one of the largest growing markets for high quality, bpne china hotelware in the region. This was the opinion of Mr. Richard Ware, marketing director of Wedgewood, who is currently on a tour of Its159 words
-
Article81 1976-10-29 12 COMPUTER appreciation for managers, a course by the Singapore Institute of Management (SIM), Is intended to make management aware of and Involved In the detailed development, Implementation and subsequent operation of computer systems. This and other courses like Operations Research For Business and The Effective Secretary are among81 words
-
554 1976-10-29 12 MOPPING UP OPERATIONS STILL ON PART of the reclaimed land for the proposed East Coast expressway has been affected by the oil-leak from the Cltta Dl Savonna, one of the three tankers Involved In Wednesday night's collision. Yesterday afternoon's aerial survey also revealed554 words
-
557 1976-10-29 12 UPI WASHINGTON, Thurs. President Ford says the momentum for an upset victory is going his way In this final week of the presidential campaign. Mr. Jimmy Carter, trying to stay ahead In what he concedes is a close race, has startedUPI - 557 words
-
537 1976-10-29 12 UPI WASHINGTON, Thurs. A group of labour unions and corporations accused Japan yesterday of manipulating the yen to help capture US domestic markets, particularly in colour television sets. "Manipulation of the yen Is helping the Japanese to capture American Industry's domestic markets," accordingUPI - 537 words
-
245 1976-10-29 12 SAKE, the traditional Japanese alcoholic beverage, is in danger of losing its preeminent position as Japan's top drink if current sales trends for whisky continue In an industrial and banking review published by the Mitsubishi Bank of Japan recently, h was stated that245 words
-
Article35 1976-10-29 12 THE lAC Group's fourth seminar on management and financial techniques ended yesterday. More than 23 junior executives from the Grasp's regional offices attended the semiaar, organised in conjunction with the National Productivity Board.35 words
-
Article154 1976-10-29 12 ASSOCIATED Merchant Bankers, an associate company of the Cycle and Carriage Group, has filed a writ In the High Court here for $847,806.62 which is alleged to be the sum due for breach of contract. The defendants are Fook Wah Cellophane Lltho Printing Co and two others. EDWARD Wu154 words
-
190 1976-10-29 12 KUALA LUMIfUR. Thurs. A 2.4 km-long oil slick has been spotted very close to Malaysian waters In the Straits of Malacca. "The slick is about 1.6 km wide and is located west of Port Dickson," the directorgeneral of environment in the Ministry of190 words
-
Article70 1976-10-29 12 Reuter KUALA TRENGGANU, Thurs. The Soviet union has plans to assemble Moscvitch cars In Malaysia, Soviet Ambassador V.N. BeiVr dryshev said here today. Mr. Bendryshev told reporters at the end of a twoday visit to this East Coast state of Trengganu that he hoped the Malaysian Government wouldReuter - 70 words
-
251 1976-10-29 12 Reuter PARIS, Thur. The European Common Market yesterday called for a rapid and searching examination of the aims of shipbuilding countries in the face of increasing Japanese domination. An EEC statement, delivered to a conference on shipbuilding at the organisation for Economic Co-operation andReuter - 251 words
-
Article125 1976-10-29 12 THE increasing level of concern in environmental health, safety and fire protection provides the need to review and upgrade understanding in chemical handling. Mr. G.W. Hunter, vice president of Essochem's Asia Pacific Region, said this at the recent opening of the week-long Chemicals Handling Seminar here in125 words
-
Article236 1976-10-29 12 AP BANGKOK, Thurs. Malaysia should co-operate with Thailand in fighting the communist Insurgents along the two nations' border, but Malaysia will not be asked to help suppress Thai Muslim separatists In southern Thai provinces, a top military general said yesterday. "Thailand anticipates closer co-operationAP - 236 words
-
Article223 1976-10-29 12 AP (GENEVA, Thurs. Prime Minister ian Smith has turned down black nationalist demands for the Immediate release of hundreds of political prisoners held in Rhodesian Jails. A Rhodesian delegation spokesman said a message sent to the British chairman of the Rhodesian settlement conference, Mr. IvorAP - 223 words
-
Article244 1976-10-29 12 Reuter. TOKYO, Thurs. Mr. Michiya Matsukawa, ViceMinister of Finance for International Affairs, said the current slowdown in Japan's economic recovery was temporary and "production will catch up very quickly in November." He told a news conference he still believed that the official government projection of 5.6Reuter. - 244 words
-
Article52 1976-10-29 12 Reuter ATHENS, Thurs. Greece and Turkey open talks in Paris and Berne next week in an effort to solve the disputes which have strained relations between them. An official announcement in Athens yesterday said that Greek and Turkish delegations will meet in Paris on Tuesday to discuss AegeanReuter - 52 words
-
Page 12 Advertisements
-
Advertisement45 1976-10-29 12 w m > h T •1 Free spare* Maintenance. Option to update new modelt yearly. Option to purchase your CTV *et. AND GUARANTEED NO WORRIES IF IT EVER BREAKS DOWN K For immediate instatlation.call *****10 2520H1 27 GOLOHILL PLAZA RENTAOOLOR TV RENTAL SPECIALISTS WORLDWIDE AUSTRALIAadMAZILeHONGKONGaNCW ZEALAMO^HILII45 words
-
Advertisement58 1976-10-29 12 M Now. a French restaurant that truly flatters your taste for the finest. In food, ser\ ice and quiet entertainment. Dine by candlelight on exquisite trench fare. And dance to soft music by I he Belvedere I rio. Come to 1 he Belvedere Singapore's French restaurant par excellence. vh rloor58 words
-