The Business Times, 20 December 1976
1976-12-20
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The Business Times
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Title Section11 1976-12-20 1 BUSINESS TIMES M.C.(P) 1455/76 MONDAY, DECEMBER 20, 1976 50 C ENTS11 words
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NEWS IN BRIEF
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Article78 1976-12-20 1 Reuter MADRID, Sun. Prayers were being offered In churches throughout Spain today for the safety of the kidnapped president of the council of state after his abductors announced their decision to spare his life. The extreme left-wing kidnappers of former Justice Mlnlter Antonio Maria Orlol Y Urquljo IssuedReuter - 78 words
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Article67 1976-12-20 1 Reuter BELFAST, Sun. The Irish Republican Army (IRA) has decided to call a three-day Christmas ceasefire in its bloodv guerilla war against British rule in Northern Ireland. Leaders of the provisional IRA have let It be known here that all three battalions of their Belfast brigade andReuter - 67 words
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Article61 1976-12-20 1 Reuter JAKARTA, Sun. Several prominent figures were today reported to have been Interrogated In connection with an alleged plot to overthrow President Suharto last September. The leading weekly Buana Minggu reported that they included a Member of Parliament, two former national police chiefs, a former CabinetReuter - 61 words
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Article71 1976-12-20 1 Reuter MOSCOW, Sun. Soviet leader Leonid Brezhnev, officially hailed as the true heir of revered state founder Vladimir Lenin, was today presented with top awards to mark his 70th birthday. The awards, which included the right to bear Eersonal arms carrying the state emblem, were andedReuter - 71 words
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Article62 1976-12-20 1 UPI SYDNEY, Sun. More than 500 persons were evacuated from the small Tasmanlan industrial town of Georgetown last night when the Algerian tanker Bethisua ran aground on rocks and spilled thousands of litres of gasoline into the Tamar river. A spokesman said by telephone today theUPI - 62 words
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Article78 1976-12-20 1 Something positive Reuter MANILA, Sun. Talks in Libya between Philippine government representatives and leaders of the Moro National Liberation Front (MNLF) to try to end a Muslim rebellion in the southern Philippines have so far achieved some positive results, the official Philippines news agency reported today. The agency quoted theReuter - 78 words
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Article49 1976-12-20 1 Reuter MANILA, Sun. President Marcos has approved a 27.4 billion peso (SSB.B bll) budget for the Philippines for 1977, it was announced yesterday. The President signed the budget after it was approved on Friday night by his newly-formed legislative advisory council over which he presided. Reuter.Reuter - 49 words
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Article68 1976-12-20 1 AP TOKYO, Sun. The Japanese Defence Agency decided yesterday to postpone its request for budget funds toward the purchase of McDonald Douglas Fl5 jet fighters by a year, informed sources said. The agency had planned to ask for allocations in the 1977 budget to cover the cost ofAP - 68 words
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Article58 1976-12-20 1 UPI BRISBANE, Sun. Morington Island, in the south-east corner of the Gulf of Carpentaria, has been declared a disaster area after tropical cyclone Ted struck the island today, police said. A police spokesman said winds with speeds up to 200 km per hour destroyed all the grass hutsUPI - 58 words
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Article29 1976-12-20 1 UPI BANGKOK, Sun. Communist insurgents blew up a truck and a car in southern Surat Thani province killing or wounding 18 people, police sources said today. UPI.UPI - 29 words
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Article115 1976-12-20 1 THE following list of stocks gives the 10 most traded in on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and high and low for 1976. Turnover Price* High Low Company 000 Dec 17 1976 Haw115 words
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LOCAL STOCK INDICES
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Article81 1976-12-20 1 Dec 13 Dec 14 Dec 15 Dec 16 Dec 17 +B.T. Index. 255.41 252 17 257.79 253.36 256.60 •Industrials: 248.24 247.61 249.40 249.58 249.79 (^Finance: 442.04 439.97 443.75 442.58 443 93 ♦"Hotels: 154.12 154.05 154.58 154.45 154.64 •Properties: 144^7 144 07 145 28 144.50 144.19 T1ns: 96.06 96 2981 words
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Article86 1976-12-20 1 Dec 13 Dec 14 Dec 15 Dec It Dec 17 +B.T. Index: 192.60 189.49 193.57 189.96 193.24 Industrials: 274.79 273.86 275.87 275.10 275 83 (©Finance: 382.33 379.30 383.54 380 81 383.44 "Hotels: 170.71 170.71 170.78 170.82 170.75 •Properties: 143 42 143 28 143.86 143.19 143.42 ♦Tins: 93.80 93 7486 words
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1043 1976-12-20 1 JOHN TAN - NOT A WELFARE STATE BUT By JOHN TAN DESPITE the Government's much publicised antipathy towards giving subsidies a point made much of by opposition parties at the current hustings citizens here are In fact cushioned to a great extent in many of1,043 words
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Article, Illustration222 1976-12-20 1 AP LUSAKA, Sun. Zambia announced today it has suspended its relations with the Rhodesian African National Council (ANC) led by Bishop Abel Muzorewa. Mr. Mark Chona, special assistant to President Kenneth Kaunda, said the step was taken after the ANC accused Zambia of conniving withAP - 222 words
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397 1976-12-20 1 SINGAPORE Is going to face more problems and more competition In the ship repairing business In the future and a lot of this Is going to come from dockyards In the Oulf States. This prediction was made by the Prime Minister, Mr Lee Kuan Yew, when397 words
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Article98 1976-12-20 1 Reuter BRUSSELS, Sun. Common Market Foreign Ministers meet here in special session tomorrow in a lastditch effort to patch together a common EEC fishing policy and resolve a dispute over British and Irish demands. The session was called after the ministers failed to reach agreementReuter - 98 words
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Article193 1976-12-20 1 Reuter VIETNAMESE Foreign Minister Nguyen Duy Trlnh has called for "an early healing of the wounds of war" in a major address to the fourth congress of the ruling Workers (Communist) Party congress In Hanoi. Radio Hanoi, in a report monitored in Singapore yesterday, also quotedReuter - 193 words
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Article461 1976-12-20 1 EAST Asiatic Company of Denmark is to buy out East Asiatic Rubber Estates by acquiring the 39.8 per cent shareholding In the company which It does not already hold. A joint announcement over the weekend said under an agreement reached between the two companies461 words
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Article264 1976-12-20 1 Reuter NEW YORK. Sun. The Federal Reserve Board's cut in bank reserve requirements by US$55O million puts immediate pressure on major banks to cut their prime lending rates to six per cent from the industrywide level of 6'< per cent banking analysts said. MorganReuter - 264 words
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Article50 1976-12-20 1 PRELIMINARY November trade figures released by the Statistic* Department show a decline in imports and a further increase in exports over the previous month, therefore narrowing Singapore's trade deficit further. The trade gap shrank by $385 million from the 1975 11-month figure of 16,054 million to $5,669 million.50 words
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Article, Illustration402 1976-12-20 1 Reuter TEHERAN, Sun. Iran today attacked Saudi Arabian Oil Minister Sheikh Ahmed Zakl Yamani and accused him of serving the United States and disobeying the wishes of the Saudi King Khaled in holding down his countcy's oil prices. The government newspaper Rastakhiz said inReuter - 402 words
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Article166 1976-12-20 1 Reuter WELLINGTON, Sun. New Zealand today revalued its dollar by two per cent to keep its currency and trade competitiveness in line with Australia, which has revalued three times in the past four weeks. Prime Minister Robert Muldoon said In a statement that the revaluation would restoreReuter - 166 words
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Page 1 Advertisements
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Advertisement61 1976-12-20 1 Wiyfoong MAF A lending hand when Wayfoong Mortgage you need and Finance (Singapore) Limited it ITIOSt Shaw House. Ground Floor. 354 Orchard Road. Singapore 9. Tel: *****7. INSIDE Leisure/ Crossword/ TV A Radio P2 Reviews P3 Features P4 International Co news/ Overseas news P5 Local Co news/ Share information P661 words
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Advertisement48 1976-12-20 1 > VQ-1810 "ITS A SONY" •Dual system: Displays both PAL and modified NTSC colour recording when combined with both CVM-1810E VO-1810. 'Receives and records TV programmes off the air. "Fully Automatic, solid state circuitry. For further information please contact:' Setran Electronics Pte Ltd 10, Dundee Road, Singapore 3.Tel: *****448 words
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Advertisement143 1976-12-20 1 Albert Photo 4j£ For the best in pSoCESStNG photographic iniBhou bS equipment HEAD Of FtCE 121 Ist Flooi Orchard Town's topo Mote' S'nqapural Rojc) S" gapo-e9 Tel *****3 *****1 *****1S i<7~{jOujbofit. 97/<- Jgr//er. S-l'Mtff a/u/>c/otori £77tc LSt// S 'l'l-Td/u/f/oam. rt- c 1- i'v] ii'] i k '■*■«> p' ■■.'■•<; sr-.143 words
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REVIEWS
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Article579 1976-12-20 2 MR LEE Kuan Yew told a PAP campaign rally the other night: "The problem before us is not the election, because that we shall win." Quite so. It may well be asked then, why is an election being held now in view of the fact that the579 words
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969 1976-12-20 2 MUSIC LET ME not give you Handel's Messiah this Christmas. Or next Christinas. If your mind Is like mine, reeling from one five work-a-day week to the next. Jolted only by a razzmatazz of overtime, you would probably not take kindly to969 words
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Article, Illustration1073 1976-12-20 2 CHARLES GOODHART - BOOKS By CHARLES GOODHART Financial Times The Bank of England: 1891-1944 by R. S. Sayers. Cambridge University Press. Three volumes £40.00 (Vol. I and 11, 680 pages. Vol. 111. appendixes 403 pages.) DESPITE his book's title, The Bank of England: *****944, Professor Sayers mainly concentrates on theFinancial Times - 1,073 words
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473 1976-12-20 2 Berita Publishing - Malaysia bv Berita Publishing KR MALAYSIA, published by a subsidiary of the New Straits Times, Is an attempt to present the country favourably and In something like Its full glory to glossy readers of coffee table books. For many reasons It deserves toKR - 473 words
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Article, Illustration826 1976-12-20 3 KEVIN RAFFERTY - ROOKS By KEVIN RAFFERTY Oil Sheikhs by Linda Blandford; published by Weidenfeld and Nicolson; £5.25 I DO NOT suppose that Linda Blandford's book will be allowed a very warm reception on the bookstands of Saudi Arabia or the Gulf. It exposes too much for anyone826 words
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344 1976-12-20 3 t ART UPI LONDON: The cold realities of economics are sending shivers through Britain's art world which relies on state help for much of its patronage. With government spending under fiercer scrutiny than ever, some of the most distinguished Cultural Institutions fear they willUPI - 344 words
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Article, Illustration759 1976-12-20 3 LAWRENCE MAH - By LAWRENCE MAH SINGAPORE Slipway is a medium-sized building yard which specialises in the construction of sophisticated small tonnage vessels. The shipyard's competence and performance have gained both local and international recognition. Out of a tout of 13 self-propelled vessels delivered in 1976, seven were built for759 words
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Article, Illustration947 1976-12-20 3 JOHN RODERICK - By JOHN RODERICK AP UNCERTAINTY and change are in store for much of Asia in 1977 as new governments and leaders grope for new directions in China, Japan and the United States. Once again Asian eyes turn toward Washington. What the adlmlnistratlon ofAP - 947 words
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Page 2 Advertisements
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Advertisement498 1976-12-20 2 Business Management in Penguins Export Marketing Decisions: D. Tookey Today, when export marketing is crucial to the success of most companies, this book is 'must' reading for all practising managers and students of business management. An interesting book on the problems of export marketing, the difference between home and oversea's498 words
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Page 2 Miscellaneous
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Miscellaneous557 1976-12-20 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 9 Although In one piece, not all are healthy (9) 10 Fellow delivering circulars? (9) 12 Speaking out, being daring (4) 13 Said yes, that's what made Billy Bunter so fat (6) 14 Strike the naughty child In front of the dean (7) 15 Biting557 words
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Miscellaneous257 1976-12-20 2 RADIO TV SINGAPORE 5 3 00 P.M. Opening Announcements followed by Kudumba Malar (Tamil) (r) 335 Diary Of Events (Tamil) 3.40 General Hospital 4.20 Medical Report (Last Episode) 435 Intermission 6.00 P.M. Opening Announcements followed by Accent On Youth (r)° 6.30 News It Brief 0 6.35 December Bride "The Uranium257 words
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Page 3 Advertisements
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Advertisement56 1976-12-20 3 We are another Knowledgeable and ethical source for HYDRAULIC PUMPS, valves. cykMtn. km. ftttMfV cartnift rn*' DIESEL ELECTRIC GENERATOR SETS MSMg Caterpillar. OttreilDusci. m-Mmvi** Cummins tngmM. Span parts to r all afcow •Rf IMS P)usi airmail |Mf rtfuirt meats to; G ROB AN 6ROIAN INTERNATIONAL, INC 9300 S. Ortxtl Chicago.56 words
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Advertisement271 1976-12-20 3 Which bank works for you around the clock, and around the world? We do. Bank of America. Today, when world-wide monev markets and exchange rates change rapidly, the ability to make on-the-spot decisions quickly is more vital than ever. That s why our internationally known man-on-the-spot service never takes time271 words
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Page 3 Miscellaneous
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Miscellaneous50 1976-12-20 3 Weather report for 24 hours prior to 7.30 p.m. on Dec 19 at Singapore airport. Maximum Temperature 30.4°C Associated Humidity 78 Minimum Temperature 23.6°C Associated Humidity 100 Hours of Sunshine V 6.30 Rainfall in Millimetres 6.1 Total Rainfall for the Month 136.8 Total Rainy Days for the Month j. 1050 words
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Article3302 1976-12-20 4 ANTHONY ROWLEY - Why four 'giants' picked the Republic By ANTHONY ROWLEY LURING multinational companies "MNC's" as they are known In the terser Jargon of economists to Singapore has been a pivotal part of the Government's economic strategy. The success of this strategy can be gauged from the fact that,3,302 words
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1571 1976-12-20 4 JOHN FREEMAN - By JOHN FREEMAN JAPAN'S export-led economic march, already causing trade tensions elsewhere In the world, Is being watched with ever-lncreas-lng concern throughout non-communist Asia. Many Asian countries have seen their trade balances dive Into deficit as Japanese exports take an ever-Increasing slice of their1,571 words
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Page 4 Advertisements
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Advertisement436 1976-12-20 4 V Get off the bandwagon! SINGAPORE TRADE AND INDUSTRY puts its finger on survival techniqyes for the Singapore businessman in its November issue don't follow the crowd, diversify, and fast! The Republic's leading monthly economic review examines practical applications of this principle with its in-depth coverage this month of the436 words
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Page 4 Miscellaneous
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Miscellaneous182 1976-12-20 4 Crossword solutions Cryptic Solution riddles. 6, Put in word. 7, Halo. 23, Boorbhly. 25, Pay across. WW. g cl S t 2; c *jV cii.^S3: ■p»f. JO. Rounds-ma". 12, Msa-go. 10*CraterlIS. Fit orference. 35, Morello. Bold jw^).ll, Deadweight. 22, Opener. 37, Stop. 38, Bjjrt Overtook. 35. CoMomer,. hard. 19, Pa-S-tor.182 words
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INTERNATIONAL COMPANY NEWS
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587 1976-12-20 5 Financial Times LONDON, Sun. On turnover some £10.7 million ahead at £53.12 million pretax profits of Tricentrol doubled from £681,000 to £1.34 million for the nine months to September 30, 1976, after £769,000, against £317,000 at the six months' stage. Profits for all 1975 wereFinancial Times - 587 words
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126 1976-12-20 5 Reuter AMSTERDAM, Sun. Heineken NV said it expects the long term trend of profits and sales to continue upward following satisfactory developments In the first months of the current year ending September 30. The previously announced 31 per cent Increase in net profit in 1975/Reuter - 126 words
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Article66 1976-12-20 5 Reuter LONDON, Sun. Banque Occidental Pour 1' Industrie et le Commerce said its 65p cash offer per share for Continental Investment and Finance made on behalf of Oenerale occidentale has been accepted on behalf of 95.38 per cent per cent of the shares not already owned by OeneralReuter - 66 words
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466 1976-12-20 5 Financial Times LONDON, Sun. The directors' forecast that pretax profits of Staveley Industries for the 53 weeks to October 2, 1976, would be "well ahead'' of those for 1975 has turned out as an advance of 86.3 per cent to £6.76 million. TheFinancial Times - 466 words
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Article90 1976-12-20 5 Reuter NEW YORK. Sun. Kaiser Aluminium and Chemical Corp said It expects Its earnings for 1976 to be reduced by about US$29 million or $1.48 a share. The firm said the reduction will be the result of the write down of property values and relatedReuter - 90 words
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270 1976-12-20 5 Reuter NEW YORK, Sun. The two-tier price structure adopted by Opec Is unlikely to affect the on-going negotiations for a Saudi Arabian take-over of the Ara-bian-Amerlcan Oil Co. an informed industry source told Reuters. No final agreement has been reached between ExxonReuter - 270 words
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109 1976-12-20 5 Reuter RABAT, Sun The Moroccan state-controlled company Soclete Natlonale Des Produits Petrollers (SNPP) has taken a majority holding in Esso Standard (MAROC) and EssoGaz, two Exxon subsidiaries which distribute petroleum products in Morocco, the Ministry of Commerce, Industry and Mines said. Legislation had requiredReuter - 109 words
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Article94 1976-12-20 5 Reuter DETROIT. Sun. Chrysler Corp said it has raised Its 1977 capital spending forecast to a record $650 million, breaking the old record of $647 million set in 1969 Chrysler officials had been forecasting capital spending of $600 million next year, but said theyReuter - 94 words
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Article81 1976-12-20 5 Reuter WASHINGTON. Sun. New York City agreed to drop its suit against the Securities and Exchange Commission investigation of the city s municipal securities. the SEC said. The commission said it reached an agreement with the City to end the suit. They said the publicReuter - 81 words
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OVERSEAS
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563 1976-12-20 5 Reuter PARIS, Sun. Bank for International Settlements officials will meet here tomorrow to hammer out technical details of plans to deal with the £6 billion (5524.6 billion) of foreign sterling balances lodged in Britain, International economic sources said. The officials are due toReuter - 563 words
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572 1976-12-20 5 Reuter NEW YORK, Sun. The US Government will almost certainly stimulate the economy over the next two years, leading to an Increase in real Gross National Product of five per cent next year and 5.4 per cent in 1978, Wharton Econometric Forecasting Associates said. TheReuter - 572 words
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374 1976-12-20 5 Reuter TOKYO, Sun. The Japanese Finance Ministry has drawn up a supplementary budget for the remainder of fiscal 1976 totalling 354 billion yen (552.95 billion) of which 263 billion will be spent on public works programmes, Ministry officials said. The budgetReuter - 374 words
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Article87 1976-12-20 5 Reuter WASHINGTON, Sun. The US Is In an economic recession from the standpoint of unemployment, Mr Bert Lance, directordesignate of the Office of Management and Budget, said. "In an Industrialised economy such as ours, when you get 8.1 per cent unemployment, you're in a recession,"Reuter - 87 words
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113 1976-12-20 5 Reuter WASHINGTON, Sun Robert Solomon, former aenior international economist at the Federal Reserve Board, said the US should be willing to run a deficit in its balance of payments on foods and services to aid the economies of the rest of the world. Mr.Reuter - 113 words
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Page 5 Advertisements
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Advertisement461 1976-12-20 5 i •><*» O v s X ft *a 1 I* \u <v St tJaWSS:; HbPR .<■- S.V Sfe&jtT '-■■■< N J v- F A >\ The Straits Times Annual Stops and Stares Where Others Hurry 8y... Where else but In the Straits Times Annual can you see all at once461 words
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COMPANY NEWS
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842 1976-12-20 6 THE current year ending June 30, 1977 may still see Supreme Corporation relying nalnly on its tin mining division for its profits as its recently diversified activities will be at nascent stage. Chairman Tan Sri Haji vtohamed Noah Bin Omar says that this is842 words
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COMPANY MEETINGS
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Article22 1976-12-20 6 THE following company meetings are due: Dec 23, 12 noon, 10 mile, Federal Highway, Sungei Way, Selangor.22 words
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18 1976-12-20 6 Jack Chia Mining Industrial Corporation Bhd.: Dec 27, 12 noon. Registered Office, 2 B Chartered Bank Chambers, Penang.18 words
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19 1976-12-20 6 Dec 29, 9.30 a.m., Registered Office, Penthouse, 10th Floor, Wisma Central, Jalan Ampang, Kuala Lumpur.19 words
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Article19 1976-12-20 6 Dec 29. 11 a.m. Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur.19 words
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Article14 1976-12-20 6 Dec 29, 12 noon, 72-A Jalan Tampoi, Johore Bahru, Johore.14 words
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Article15 1976-12-20 6 Dec 30. Af 11 a.m.. Registered Office. 16 Jalan Tangsi, Kuala I.umour,15 words
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Article12 1976-12-20 6 Dec 30, 11.30 a.m., 70 Jalan Ampang, Kuala Lumpur.12 words
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Article16 1976-12-20 6 Dec 30, 12 noon, The Regent of Kuala Lumpur Hotel, Kuala Lumpur.16 words
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16 1976-12-20 6 Dec 30. 12 noon, Registered Office, 16 Jalan Tangsi, Kuala Lumpur.16 words
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Article17 1976-12-20 6 Dec 31, 9.30 a.m., Registered Office, No. 45 Spottiswoode Park Road. Singapore 2.17 words
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19 1976-12-20 6 Dec 31, 12 noon, at the Hotel Merlin, 2 Jalan Sultan Ismail, Kuala Lumpur.19 words
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18 1976-12-20 6 Jan 18, 11.30 a.m., 4th Floor Bangunan MIDF 117, Jalan Ampang, Kuala Lumpur.18 words
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16 1976-12-20 6 Jan 29, 11 a.m., 31 Jalan Riong, Kuala Lumpur.16 words
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Article232 1976-12-20 6 BOUSTEAD Holdings says its recent acquisition of Bousteadco Singapore's 50 per cent stake in Outhrle Boustead Shipping Agencies for M 5900,000 was financed by internal cash resources. It says in a reply to the Kuala Lumpur Stock Exchange that although Boustead Holdings and Bousteadco have232 words
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Article43 1976-12-20 6 NORTHAM Development, a wholly-owned subsidiary of Malayan United Industries, has changed Its name to United Continental Properties. In a letter to the Kuala Lumpur Stock Exchange, MUI says the change was approved by shareholders in an EGM held on Sept 11.43 words
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Article413 1976-12-20 6 Current Ex Date Total for Total for payment Date payable the year previous year Toshiba 12%TE Nov. 16 Dec. 20 12%TE 12% TE Malakoff 5%+ Nov. 22 Dec 20 5%+ Khong Guan Flour 15% Nov. 25 Dec 21 15% 15% Premium Hold. 7.5%+ Dec 6 Dec 23 7.5%+413 words
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Article2137 1976-12-20 6 SECTION ONE INDUSTRIALS 1*76 High Low Company Last Sate Week +«rGri Div Div Crr Gr't Y'M Net P/E Week Vol C000) Week High Low 175* 206 100 237 186 402 135* 172 60 185 66 254 Aetna Alcom Allied Choc Bata Ben Bo us te2,137 words
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Page 6 Advertisements
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Advertisement137 1976-12-20 6 Penguins in Business and Management Understanding Company Financial Statements: J. Parker Organization Theory: D. Pugh Business Strategy: H. Ansoff Corporate Strategy: H. Ansoff Exploration in Management: W. Brown Modem Management Methods: E. Dale Offensive Marketing: J. Davidson Business of Management: R. Falk Modern Business Enterprise: M. Gilbert Corporation Man: A.137 words
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OVERSEAS MARKETS
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Article1223 1976-12-20 7 NEW YORK: Stocks retreated on Friday for the second consecutive session In the face of profit taking. Trading was acAnalysts said the market was consolidating after recent gains. Stocks had been In a sustained advance for several weeks on the basis of advance and decline figures, analysts said.1,223 words
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Article258 1976-12-20 7 AMSTERDAM: Shares advanced virtually across the board on Friday led by Akao In Dutch internationals. The market ignored overnight Wall Street weakness and sentiment was aided by the Opec oil price front spilt, dealers said. A small decline was noted In Hoogovens. Heineken recouped about half of its forthcoming258 words
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Article301 1976-12-20 7 ZURICH: The bourse was slightly easier In modest turnover on Friday, Influenced by the Opec oil price increase, dealers said. Swissair lost (round as well as banks, but Insurances were steady. Among industrials, Browa Boveri, Nestle and Atasolsss (ell, but chemicals were steady. In a fairly active foreign sector,301 words
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Article328 1976-12-20 7 JOHANNESBURG: Gold shares continued quietly easier In light trade In line with European bullion Indications, dealers said. Heavyweights were quiet, losing up to 25 cents, while in lightweights Harmony dropped 20 cents to 475. Financial minings also eased, with Ameoal losing 25 cents to 725, shadowing producers. Da Bean328 words
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Article202 1976-12-20 7 FRANKFURT: Most leading shares rose up to three marks on Friday as the market reacted positively to news of the Opec two-Uer oU price Increase with shares meeting lively demand for some Investment funds and operators, market sources said. Stomas and VW both led the market three marks higher.202 words
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Article128 1976-12-20 7 BRU88EL8: Prices closed mixed In quiet trading, on Friday mainly due to technical position squaring operations, bourse sources said. Cockerill, Aeee, CBR, TabacoOmm and ArW rose but Tncttia, Hoboken. Geevsrt and 8T Roch were lower. DEC IT Frs FOBWABO MARJ err Anc 394 13 Artoed 3180 430 Astur 1016128 words
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Article266 1976-12-20 7 TORONTO: Bank, pipeline and food Issues paced a moderate advance on Friday among Industrials, while western oils dropped over IW points on Index In the last two hours of trading to close off 0.00. CtMdUl International power a jumped two to 10-1/2, lafUs advanced one to 12, MaeMilUa Bloedel266 words
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Article93 1976-12-20 7 DEC IT Lire 4■/' Ante 3*5 Assoc Ocn ***** -250 Bastor HO Central* 7020 •145 put 20M -23 FlnsKJer 223 -I Oen Immob Ill -5 ITIPrl 2060 -20 Itaicemcnti ***** -40 I tains MB Italslder 300 unch Mafnetl MP t 515 •fit Mare ill Ere 327 -4 Medlob *****93 words
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Article323 1976-12-20 7 PARIS: The market closed broadly higher In active trading on Friday following the Opec decision on oil price rises which was more moderate than generally expected, market sources said. Most sectors rose, led by Am Entrap (up 7.5 per cent.) ParisFrance (up 0.40), Cklariqae Rovtkrt (up 5.9) and Cttraea323 words
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Article91 1976-12-20 7 FINANCIAL TIMES INDUSTRIALS Thursday 339.5 Wednesday 322 7 Week ago 319 4 TIN Thursday 120.24 Wednesday 110.35 Week ago 110.19 RUBBERS Thursday 487.88 Wednesday 487.88 Week ago 491.96 OILS Thursday 409.22 Wednesday 392 98 Week ago 400.57 DOW JONES AVERAGE INDUSTRIALS Thursday 979.08 Wednesday 981.30 Week ago 970.74 LONDON91 words
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Article1038 1976-12-20 7 On December 17 Prices were mostly lower on the Chicago Board Options Exchange. Declines led advances 359 to 122. Volume was about 85,622 contracts up from 74,957 yesterday. OPTION JAN APL JLY STOCK Alcoa 45 UNTRD NOL NOL 54 1/B Alcoa SO 4 5/8 61/4 UNTRD 541/81,038 words
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Article298 1976-12-20 7 NYT BTOCK prices posted a moderate advance last week as investors were buoyed by hopes that the Organisation of Petroleum Exporting Countries would Increase oil prices only moderately. Reflecting the market's moderate strength, the Dow Jones Industrial average closed up 5.91 points at 979.06. FewNYT - 298 words
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Loans
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Article62 1976-12-20 7 Reuter PARIS, Sun. The Hamersley Holdings seven-year note issue and 15-year debenture, each for US$4O million, were priced at par, co-manager Morgan Stanley International said. Coupons were set as indicated at 8-1/2 per cent for the notes and 9-1/2 per cent for the debentures. Sinking funds will reduce theReuter - 62 words
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Article54 1976-12-20 7 Reuter PARIS, Sun. Air France will float a 420 million franc 11 per cent 15 years bond Issue on the domestic capital market next monday, primary bond market sources said. Gross yield, taking into account coupon dates, will be 10.97 per cent and repayments will be made everyReuter - 54 words
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Article33 1976-12-20 7 Reuter FRANKFURT, Sun. The US$75 million 9% per cent seven-year Eurobond for the Federal Government of Brazil was priced at 99 per cent, a spokesman for lead manager Deutsche Bank said. Reuter.Reuter - 33 words
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Article72 1976-12-20 7 Reuter AUGSBURG, Sun. Maschlnenfabrlk Augs-burg-Neurnberg said It plans to raise capital to 275 million marks from 250 million by a one-for-10 rights issue Immediately after Its annual shareholders meeting on February 4. The capital rise will use 15 million marks of ordinary shares and 10 million of preference sharesReuter - 72 words
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Article55 1976-12-20 7 Reuter NEW YORK, Sun. The City of Montreal is raising a US$2l5 million to $220 million five-year loan in the Eurodollar market to finance the city's Olympic Games costs, Citicorp International said as lead manager. The loan is at 1H per cent over the London Eurodollar Interbank offered rateReuter - 55 words
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Article52 1976-12-20 7 Reuter WASHI JN, Sun. The US Tre- ury Department said It will sell US$2.5 billion of five-year one month notes on December 28 to raise new cash. The coupon and price of the Issue, which will be available In minimum denominations of $1,000 will be announced after theReuter - 52 words
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325 1976-12-20 7 JAPANESE BONDS Reuter TOKYO, Sun. Foreign Investors have been making active purchases of Japanese bonds and debentures to take advantage of a differential between Japanese and overseas interest rates, Japanese securities companies said. The Finance Ministry said Net foreign Investment in Japanese bonds and debentures inReuter - 325 words
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Article123 1976-12-20 7 Reuter LONDON, Sun Cavenham has achieved a pre-tax profit of £22.7 million on sales of £1.07 billion for the 32 weeks ended Nov 13, 1976. This compares with a profit of £19.9 million and sales of £945.8 million previously. The company said exchange gains net of extraordinary lossesReuter - 123 words
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133 1976-12-20 7 (BASE YEAR: JANUARY 4. I«7I IM) 1975/76 Weekending High Low INDUSTRIAL GROUP 10/12 17/12 Point Change 198.51 91.57 Automotive 182.24 187.27 5.03 485.55 195.99 Banks, Insurance, Finance and Trustees 405.47 408.71 3.24 161.45 94.30 Chemicals, Rubber Products, Refining and Smelting 138.59 138.92 0.33 240.42 125.83133 words
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88 1976-12-20 7 HOUSTON, Sun. Exxon Corp board chairman Mr. Clifton C. Garvin Jr said US crude oil refining capacity will be tight through the rest of this decade. An Important step totgprd getting more refining capacity, he said at a news conference before addressing financial88 words
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Article27 1976-12-20 7 Reuter PEORIA, 111., Sun. Caterpillar Tractor the United Auto Workers have reached a tentative central agreement on a new three year contract, the company announced. Reuter.Reuter - 27 words
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Page 7 Advertisements
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Advertisement343 1976-12-20 7 Yes, Penguin books are not to be found in any ordinary shop. Not in little road-side stalls. Heavens, certainly not in the pasar malam! Because Penguin books are rather special. They are mind-stimulating, deeply researched, m f~!, entertaining in a wholesome way, highly educational Mn fJI tifj QU'te unlike the343 words
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COMMODITY REPORTS AND PRICES
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Article245 1976-12-20 8 LONDON, Sun Terminal closed quietly steady on Friday, with values mostly 0.60 eence (Jan 52.10 pence uyer) to 0.30 pence up from Thursday's close. Volume totalled 71 lots of five tonnes and 179 lots of 15 tonnes including five call options. The call options comprised one Apl/Jne 78245 words
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Article168 1976-12-20 8 THE Straits tin price In Penang on Saturday, closed the week up $13.00 to $1241.00 per plcul on an official offering down 15 tonnes to 175 tonnes. In LONDON on Friday, tin rose by about £32 for Cash and £22 for Three Months in both contracts. Light end-week168 words
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Article128 1976-12-20 8 THE following Palm Oil prices were quoted In London on Friday The prices are elf Rotterdam and are quoted In US dollar per ton unless otherwise stated. Friday Prev. Malaysia 5% ffa bulk Dec unch 456* Jan unch 455* Feb/Mch unch 455* Sumatra 5% Dec 457 50 sir128 words
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Article273 1976-12-20 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICIIL ON SATURDAY. Coconut Oil Bulk $85 sellers, old drum $90 sellers, new drum $95 sellers Copra Mixed (loose) UK/Cont. $54 buyers. Pepper Muntok ASTA while f.o.b. 100% NLW $297', sellers. Sarawak white f ob 98% NLW $282', sellers. Sarawak273 words
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Article538 1976-12-20 8 ON the Singapore gold market, quiet conditions prevailed on Saturday and closed at U*****.20/ 131.60 having touched $131.40/ 131.80 In light trading. There was small business in the kilo bar at $10,475.00. Source: Siagmas. The Singapore Chinese Oold and Silver Merchants Association on Saturday quoted the retail price of538 words
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Article131 1976-12-20 8 LONDON, Sun Spot silver closed around four pence lower at 257.50/ 253.50 pence per ounce on Friday, while Three Months was quoted at 267.30/ 268.30, dealers said. Spot was llxea at 259.40 pence In featureless conditions. they added. In NEW YORK on Friday, Comex silver picked up about four131 words
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Article226 1976-12-20 8 LONDON, Sun. Copper wire bars on the day gained £3 for Cash and £3.50 for Three Months on Friday. Values were marked up at the outset on covering and some stopless buying which took Three Months up to £810 per tonne. The higher levels attracted profit-taking, however, and Three226 words
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Article38 1976-12-20 8 LONDON, Sun. Lead gained £5.25 for Cash and £3.50 for Three Months on Friday. Further nearby covering was the main stabilising Influence and this narrowed the Contango to £9.00. Sales of 1275 tonnes were boosted by carries.38 words
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Article40 1976-12-20 8 LONDON, Sun. Zinc finished with gains of £6.00 for Cash and £5.25 for Three Months on Friday. The market held at the morning's higher levels on covering which reflected the general trend. Sales of 575 tonnes were mainly carriers.40 words
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Article162 1976-12-20 8 LONDON, Sun. Terminal sugar eased off in light afternoon trading on Friday, possibly currency Induced, dealers said to close quiet. Prices finally ranged from 0.50 per tonne down from Thursday (Aug at £138.95) to £0.20 higher. Lots traded totalled 939 Including 25 options. In NEW YORK on Friday, world162 words
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Article128 1976-12-20 8 CHICAGO, Sun. Wheat futures fell 4-1/2 to 2-3/4 cents a bushel In moderate trading on Friday. The major factor in the decline appeared to be the weakness in soybeans and spillover from. soycomplex selling. Traders viewed the Opec oil pricing decisions as possibly encouraging some selling, but said the128 words
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Article60 1976-12-20 8 Dec 13 Dec 14 Dec 15 Dec 16 Dec 17 Dec 18 ♦Tin: Tonne: •Rubber (S): •Rubber (M): SI.246. 270 193 00 197 75 $1,252 50 253 195 25 200 00 11.248 12* 202 196 00 200 25 S1.23S.12S 225 193.75 198 00 SI.228 00 190 195 SO60 words
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Article560 1976-12-20 8 MUCH against the general anticipation that a correction in trend was due, coffee bean prices continued to forge ahead In a generally Suiet produce market in lngapore last week. With the world currently expecting a big shortage of coffee, the commodity found aggressive demand560 words
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Article309 1976-12-20 8 LONDON, Sun. Robusta futures closed fully steady on Friday, £72 to £88 up from Thursday's close with 3737 lots traded Including 32 options. The terminal reacted slightly during the afternoon following the morning's rise but Dy the close fresh buying and weekend covering pushed all positions into new contract309 words
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Article126 1976-12-20 8 CHICAGO, Sun. Soybean futures fell 13 to 7-3/4 cents a bushel In moderate active trading on Friday. Commercial hedge-selling depressed prices and tended to outweigh outstanding buying by a local professional spreading house. Spreading made up a good portion of the day's volume with July/Nov and July/March being done126 words
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Article170 1976-12-20 8 BANGKOK, Sun. Indicative prices for rice quoted In Bangkok on Saturday were: US dollars per tonne (or basis Bangkok White Rtce: 100 percent Ist class 290 100 percent 2nd class 275 100 percent 3rd class 270 5 percent 2M 10 percent >37 IS percent 234 20 percent 231 25170 words
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MONEY AND EXCHANGES
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Article200 1976-12-20 8 STERLING opened higher, gaining 1 cents against the dollar to U551.6820/30 due to optimism over the British economic package linked to terms for the 53.9 billion IMF loan. It declined steeply to $1.6420/40 on Thursday as Britain reported one of its highest ever monthly trade deficits. Disappointment over the200 words
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Article252 1976-12-20 8 Asian rate RATES opened steady beginning of the week, however, roll-over Interests £ushed rates up by 1/8 '16. The weekly Fed figures shown an Increase In Ml by 800 and M 2 by 2.3. Short dates were steady with day to day transacted at 4 11/16 and early next year252 words
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Article340 1976-12-20 8 ALTHOUGH most market operators anticipated some degree of tightness with the forthcoming festive season and annual bonus payments, the money market still remained liquid. This persistent easy condition had caused yields of some money market Instruments to decline considerably from the previous week's level. Discount Houses continued to340 words
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Article57 1976-12-20 8 Source: Astley and Pearce RATES remained steady throughout the week with fluctuations within 1/10 in the Terms to close at 3 1/8 3. 3 1/4 1/8, 3 1/2 3/8 In the 1, 2 and 3 months. The overnight funds were traded around 2% on the average, closing onSource: Astley and Pearce - 57 words
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Article191 1976-12-20 8 LONDON, Sun. The dollar and sterling were generally steady to slightly higher In the main currency centres as some stability returned to International currency markets after the two-tier oil pricing decisions resulting from the Opec meeting on Friday afternoon. Sterling rallied to U551.6705/15 from $1.6630/45 overnight and picked up191 words
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Article483 1976-12-20 8 Source: Swiss Bank Corp Zurich ZURICH, Sun During the last week, foreign exchange markets have been marking time awaiting news of terms and conditions for the IMF loan to the UK, and the size of the oil price increase as per January 1. 1977. Sterling, which had firmed toSource: Swiss Bank Corp Zurich - 483 words
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Article58 1976-12-20 8 Minimum lending rates (in ACBC 6% First Chicago 6\ Algemene Bank 6* Citibank 6*i Bangkok Bank .7% HSBC 7 Bank of America 6^4 Indosuez 6 Bank of China .7* Malayan Banking 6*« Bank of Tokyo 6*. Mitsui Bank Bank Negara OCBC 6%. Indonesia 7'« OUB 6V« Chartered Bank UCB 758 words
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Article162 1976-12-20 8 NEW YORK, Sun. The dollar closed slightly stronger on Friday, as market tensions which built up ahead of the Opec oil pricing decision subsided and protective moves into stronger currencies were unwound, dealers said. The market generally took the two-tier price rise as less than anticipated and less162 words
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Article130 1976-12-20 8 Euro rates LONDON, Sun. Period Eurodollar deposit rates drifted In quiet afternoon trading and closed 1/16 easier to unchanged from opening higher levels, dealers said. Shorts were steady. The drift reflected lack of interest ahead of the weekend after shortage had pushed rates higher In early morning trading. Rollover Interest130 words
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Article32 1976-12-20 8 FRANKFURT exchanges closing quotes on Dec 17. US 2.3868/78 Can 2.3505/25 UK 3.988/4.00 Neth 95.04/99 Swltz 97.38/43 Italy 2.760/767 France 47.84/91 Japan 0.8090/8110 Belg com 6.540/555 Belg fin 6.545/555 Norw 45.74/7832 words
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Article46 1976-12-20 8 For the week ended Saturday, Dec 18, the range of call rates received from Short Deposits M Berhad was as follows: GENERAL FUNDS: 2 per cent to 4H per cenL Movements of funds totalled $541 million. BANK FUND: ltt to 4S per cent.46 words
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Advertisement162 1976-12-20 8 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times 'A 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 (excluding162 words
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1037 1976-12-20 9 BRIAN GLANVILLE - WHArS WRONG WITH ENGLISH SOCCER? WHY are Queen's Park Rangers under Dave Sexton and with a player like Stanley Bowles so poorly placed in the League? BRIAN GLANVILLE deplores a situation in which Liverpool rule and it is not okay and where,1,037 words
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Article, Illustration1084 1976-12-20 9 AP LONDON, Sunday Bottom-of-standlngs West Ham beat Liverpool, the defending champions, 2-0 yesterday In one of the biggest upsets of the English soccer season. It was Liverpool's third defeat In eight days. Ipswich drew 0-0 in a dull and untidy home game withAP - 1,084 words
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Article198 1976-12-20 9 Top talent INDIANAPOLIS, Sun. The AAU announced yesterday that some of the top foreign track and field stars would compete In the U.S. Indoor season opening next month. So far, the AAU said six athletes from three European countries have confirmed their schedules for the American Indoor circuit which opens198 words
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438 1976-12-20 9 AP LONDON, Sunday. For Europe's national soccer teams, 1976 marked the start of the battle for places in the 1978 World Cup in Argentina. By the end of the year Italy, Sweden and Czechoslovakia appeared well on their way. The qualifying rounds goAP - 438 words
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459 1976-12-20 9 UPI TUCSON, Arizona, Sun. Mexico's two year domination over the United States in Davis Cup competition ended yesterday have, as the experienced doubles team of Bob Lutz and Stan Smith took an easy 6-2, 6-3, 6-4 match from their Mexican counterparts. It was RaulUPI - 459 words
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Article, Illustration1123 1976-12-20 9 DUDLEY DOUST - FROM Palm Springs, California, DUDLEY DOUST reports the pressures on Peter Oosterhuis, Britain's finest golfer who, irronically, did not represent England in last week's World Cup golf tournament which virtually took place at his back door. DUDLEY DOUST The Sunday Times PALM SPRINGS, Sunday PETERThe Sunday Times - 1,123 words
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Page 9 Advertisements
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Advertisement127 1976-12-20 9 KS, IX.. pa Ni my. The gotf dubs designed precisely to ensure definition in your gone more consistently. With LYNX the club that gives you a larger 'sweet-spot' you can attack the ball fearlessly and yet have the great feeling of a well-struck shot. Scientifically built with 'heel-n-toe' balance for127 words
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257 1976-12-20 10 AP NEW YORK, Sun. Questionable payments and bribes made overseas by 175 American companies In the last six years have totalled US$3OO million (Ss73B million), according to a report by the Council on Economic Priorities. The study showed, however, that becauseAP - 257 words
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Article81 1976-12-20 10 Reuter CAIRO, Sun. The Gulf Development Fund will provide Egypt with a US$25O million (SS6IS million) loan to help offset its payments deficit, Fund chairman Abdul Rahman Abal-Khell said. The 10-year loan agreement, carrying a two-year grace period, was signed by Egypt's Deputy PermierReuter - 81 words
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Article75 1976-12-20 10 NYT WASHINGTON, Sun. Ambassador Shirley Temple Black, chief of Protocol at the State Department, declined yesterday to grant a request by Secretary of the Treasury William Simon that he be permitted to keep gifts received from foreign governments and officials. Mr. Simon had asked that heNYT - 75 words
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Article40 1976-12-20 10 Reuter ISLAMABAD, Sun. Pakistan has been declared a smallpox-free country by the World Health Organisation (WHO). The organisation's International smallpox commission announced here yesterday that there have been no cases In the country since October, 1974. Reuter.Reuter - 40 words
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514 1976-12-20 10 Reuter TOKYO, Sun. Japan and the European Common Market will make another attempt to patch up their Increasingly bitter shipbuilding dispute during two days of high-level talks here on Dec 20 and 21. But according to senior Japanese Oovernment sources, Japan remains likely toReuter - 514 words
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Article332 1976-12-20 10 UPI HONGKONG, Sun. China will convene a national conference early in 1977 to map out plans for more rapid development of the nation's industry, Peking radio reported today. The State Council (Cabinet) has held a preparatory meeting in Peking in accordance with a decisionUPI - 332 words
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Article167 1976-12-20 10 AP TOKYO, Sun. Tientsin, one of China's major industrial cities, has achieved new production records since October, despite the destructive earthquake that hit north-eastern China on July 28, Peking's Hslnhua news agency said today. Hslnhua said in a broadcast monitored In Tokyo that output of theAP - 167 words
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348 1976-12-20 10 Reuter NEW YORK, Sun. The combined output of 28 of the leading industrial nations Is expected to rise 4.& per cent In 1977, down from an estimated 5.1 per cent in 1976, McGrawHill said. Real growth in 1975 was only 0.1 per cent, theReuter - 348 words
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319 1976-12-20 10 FOR the second time in 3 i yean, the Kuala Lumpur Stock Exchange is undergoing a change. At a new hoard of directors meeting in Damansara Heights on Saturday, the birth of the new exchange "was formalised to comply with the Securities Industry319 words
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Article155 1976-12-20 10 Reuter KUALA LUMPUR, Sun. Indonesia and Malaysia plan to hold a joint military exercise along their common border, informed sources said here today. The sources said a staff planning committee of the two countries yesterday recommended the exercise be held to Improve methods of operationReuter - 155 words
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Article46 1976-12-20 10 AP NAIROBI, Sun. Air India inaugurated a weekly flight from New Delhi to West Africa via East Africa today. The new service will 'use Nairobi as a transit point and makes the airline the first Asian carrier to link East and West Africa. AP.AP - 46 words
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Article212 1976-12-20 10 Reuter MANILA, Sun. Thai Prime Minister Thanin Kralvlchlen arrives here tomorrow to complete a round of consultations on the regional situation with other leaders In the Association of South-east Asian Nations (ASEAN). His talks are expected to focus on Indochina. His visit comes Just overReuter - 212 words
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Article104 1976-12-20 10 Reuter BANGKOK, Sun. Former Thai military strongman Field Marshal Praphas Charuaathien will not return here from self-exile in Taiwan for the time being, his wife said. Mrs. Sawai Charusathien, who arrived in Bangkok from Taipei yesterday, said: "He will definitely come back but not for the timeReuter - 104 words
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529 1976-12-20 10 ANALYSIS reveals that workers aged from 18 to 35 account for most accidents, and that there is an urgent need to instruct workers new to the industry. "With this in mind," said Mr. Harry Wong of the Ministry of Labour,529 words
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217 1976-12-20 10 IPOH, Sun. A more realistic manner of establishing the link between the floor price of tin and the actual price of production Is required, said Deputy Primary Industries Minister, Mr. Paul Leong, here today. He said both producer and consumer countries should relate In217 words
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Article79 1976-12-20 10 IPOH, Sun. About 5,265 hectares of land, mostly In lower Perak, are to be fully cultivated with cocoa, which Is now fetching a high market price. At present, about 3,645 hectares of land In the area have been planted with the crop. The state director of79 words
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162 1976-12-20 10 MR. Lim Kim San, the Minister for National Development and Communications, said lie did not win his Cairnhill seat at the last election without a fight He said he was opposed by a candidate from the United People's Front but was162 words
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136 1976-12-20 10 "OUR record by any standard, whether local or International Is pretty good and there Is no question about the new PAP candidates and government officials not being returned to office in the elections." The Finance Minister Mr Hon Sul Sen confidently stated136 words
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Article131 1976-12-20 10 THE United Front secretary-general Mr. Seow Khee Leng last night Invited] Foreign Minister Mr. S. Rajaratnam to inspect the party's books to see if there was anything fishy about its account. Mr. Seow, replying to Mr. Rajaratnam's charge that there was something fishy about the131 words
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Article556 1976-12-20 10 ARRIVALS Service Lodal Operator Number Time From CPA CX003 0145 HKG JAL JL712 1000 HLP SIA SQ211 1010 HLP OIA GA980 1030 HLP CPA CX710 1030 HLP THAI TG423 1035 BKK OIA GA908 1100 MES PAL PR501 1115 MNL SAS SK097 1140 CPH/NDH/ BKK KLM KL811 1145556 words
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323 1976-12-20 10 PRIME Minister Mr. Lee Kuan Yew has reassured the secretary-general of the Workers Party Mr. J.B. JeyaretnaVn that the ballot in Singapore has always been, and is. secret. In a letter sent on Dec 17 to Mr. Lee, Mr. Jeyaretnam urged the323 words
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Article313 1976-12-20 10 Barisan way to power Toh THE Barisan Sosialis Is not Interested in political stability and would sacrifice the interests of big business, small business and even hawkers and taxi drivers to capture power. Addressing the second anniversary dinner of the Hawkers Friendly Association in the Rochore constituency last night, Dr313 words
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Article55 1976-12-20 10 UPI BANGKOK, Sun. The fourth party congress of the Vietnam Workers' (Communist) Party met and elected members of the party's ruling from Ho Chi Mlnh City said today. The broadcast, monitored in Bangkok, did not disclose results of the balloting, held at Saturday's session of the congress inUPI - 55 words
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Advertisement56 1976-12-20 10 V 'I m 12 ST7"tH > *53^ Vas H yr H C> 1 cr i> *v s Chivas Regal Scotland's prince of whiskies It's waited 12 years for you. Another fine product brought to you by nfood&bMraga (private) ltd. 875 HUKII TIMAH KIMI) 6m I SIV-APOKE Ml TEL 6669J1 PO56 words
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Advertisement63 1976-12-20 10 r ■'"H Wfl I fc.. ns t <? 7 i r.J •s Lunch or dine in a grill room that savours of Olde England with food just as savoury. An ideal place to combine business with pleasure cosy and private. English-manner service too. Ask for the Executive Lunch or any63 words
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