The Business Times, 25 March 1977
1977-03-25
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The Business Times
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Title Section9 1977-03-25 1 BUSINESS TIMES M.C.(P) 300/1/77 FRIDAY, MARCH 25, 1977 50CENTS9 words
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NEWS IN BRIEF
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Article72 1977-03-25 1 Reuter MANILA, Thurs. President Marcos today set the total budget celling for 1978 at 30.4 billion pesos (Sslo billion), compared with this year's 27.4 billion pesos budget, the Presidential Press Office said. Mr. Marcos laid down the budgetary ceilings and guidelines with emphasis on rural developmentReuter - 72 words
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Article41 1977-03-25 1 AP KUALA LUMPUR, Thurs. Malaysia will face an "acute water shortage" by 1980 If resources continue to face the present rate of deterioration because of pollution, Enclk Abu Bakar Jaafar, from the Environment Department, said here today. AP.AP - 41 words
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Article63 1977-03-25 1 Reuter MANILA, Thurs. Philippines clocks will be put forward one hour from next Monday In an effort to save power during the summer months, the presidential palace announced today. The President also called on government offices to reduce the use of alr-condltloning to set an exampleReuter - 63 words
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Article68 1977-03-25 1 Reuter FRANKFURT, Thurs. The Asian Development Bank (ADB) will probably raise less than US$3OO million (***** million) equivalent on world capital markets this year thanks to Its high liquidity, the bank's treasurer Wolf Preuss told a press conference. This sum compares with $529 million last year and $323Reuter - 68 words
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Article82 1977-03-25 1 AP KUALA LUMPUR, Thurs. Authorities have uncovered a communist guerilla plan to smuggle about US$24O million (SssBB million) worth of arms to an island off Penang for carrying out large-scale insurgency In Malaysia, Bernama reported today. In a dispatch from Its correspondent In Bangkok Bernama reportedAP - 82 words
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Article37 1977-03-25 1 AP TOKYO, Thurs. Japan and the European Commission will hold government-level talks In Tokyo March 28-29 to discuss Issues related to Japanese specialty steel exports to Western Europe, the Foreign Ministry announced today. APAP - 37 words
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Article55 1977-03-25 1 UPI BEIRUT, Thurs. Thousands of Muslims and Druzes closed their shops and offices today to mourn Kamal Jumblatt, the Lebanese Leftist leader and Druze tribal chief who was assassinated last week. No violence was reported, In contrast with the aftermath of Jumblatt's murder when 141 Christians wereUPI - 55 words
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Article42 1977-03-25 1 UPI NEW YORK, Thurs. Dow Jones averages, based on first hour of trading on the New York Stock Exchange: 30 Indus 939.08, off 3.24; 20 transp 228.48, off 0.24; 15 utils 105.70, off 0.42; 65 stocks 308.73, off 0.92. UPIUPI - 42 words
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Chief Price Changes
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Article, Illustration177 1977-03-25 1 SHARES finished lower in quiet trading in the Stock Exchange of Singapore yesterday. The market appeared to relapse into a state of inertia and sellers reasserted themselves after a steady opening. At the final bell, the Business Times index slipped 0.84 point to 252.31 while the Straits177 words
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Article118 1977-03-25 1 Falls Most active Sime Darby S3.26 -06 Central Sugars 96,000 U.O. B. S3 10 -.06 Haw Par 92.000 M. Banking S5.75 -05 Malayan Glass .74.000 O.C.B.C. $6 80 -.05 Sim Darby 62.000 Boustead SI.70 -.04 Total Turnover: 0.86 M C. Sugars SI 20 -.04 Total Value: MSI.60118 words
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1228 1977-03-25 1 MARTIN LIM - INTERIM DIVIDEND UP TO 11pc, BUT By MARTIN LIM WITH MOST of Its subsidiaries and associates continuing to Improve, Sime Darby Holdings yesterday reported a 6.6 per cent rise In consolidated pretax profit to M 574.26 million for the first six months ended Dec. 31,1,228 words
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304 1977-03-25 1 CONSOLIDATED Plantations is to acquire all the Issued share capital of Patanl Para Plantations amounting to 71.6 per cent It does not already own. The terms of the offer are four shares of 10 pence each In Consolidated Plantations or 360p in cash304 words
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456 1977-03-25 1 HIT BY the October 1975 crude oil price hike, Esso Malaysia suffered a 63.4 per cent plunge In after-tax profit to M 53.4 million a five-year low last year. Blaming the setback on the price hike, the chairman and managing director, Mr. Roy W.456 words
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Article230 1977-03-25 1 KUALA LUMPUR, Thurs. The Islamic Development Bank (IDB) based In Jeddah, Saudi Arabia, will assist Malaysia In the financing of loans for four projects, Finance Minister Tengku Razalelgh Hamzah said today. These projects were In a list of 23 development projects submitted to the bank for230 words
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Article63 1977-03-25 1 KUALA LUMPUR, Thurs. Malaysia's Foreign Minister, Tengku Ahmad Rlthauddeen, said today that Malaysia will support the reconstruction of Cambodia. Speaking to reporters after a two-hour long closed door discussion with Cambodian Vice-Premier in charge of foreign affairs, e n* Sary, he said the details of Malaysia's support63 words
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206 1977-03-25 1 Reuter TOKYO, Thura. The yen is likely to continue appreciating for some time as the Bank of Japan appears increasingly cautious about intervening in the market to stem its advance, foreign exchange banking sources said. Some sources said they believe the Bank hasReuter - 206 words
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Article83 1977-03-25 1 KUALA LUMPUR, Thurs. The Straits tin price in Penang rose $51 per picul to $1,505 today, $180 over the International Tin Agreement ceiling, dealers said. The market recovered mainly on covering activity following yesterday's sharp decline. Sentiment was also influenced by steady London Metal Exchange conditions83 words
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333 1977-03-25 1 Reuter MANILA, Thurs. Thailand today supported a Philippine proposal for emergency sharing of oil among member countries of the Association of Southeast Asian nations (Asean), an alliance which groups them with Indonesia, Singapore and Malaysia. The Thai endorsement was made on the secondReuter - 333 words
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267 1977-03-25 1 KUALA LUMPUR, Thurs. Asean members can still make bilateral agreements for a 10 per cent across-the-board price reduction for preferential trade, although Asean as a whole has decided against the proposal. Trade and Industry Minister Datuk Hamzah Abu Samah said this in reply to a question267 words
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Page 1 Advertisements
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Advertisement67 1977-03-25 1 SEXTUS DE SUVA FOR FINE JEWELS DIAMONDS GEMS SEXTUS DE SUVA 4 HYDE (PTE) LTD JEWELLERS Of DISTINCTION COLD STORAGE ARCADE 179. ORCHARD ROAD I SINGAPORE 9 TEL *****3 Y*" INSIDE Overseas new«/TV Overseas stocks P7 Radio P2 Commodities P8 Overseas Transport A news/Features P3 Communications P9 Local Co news67 words
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Advertisement99 1977-03-25 1 Copy large size originals on one sheet, size for size— no trimming, no sticking together. Xerox 3103 No matter what the originals. Up to 14" by 18" or 356 mm by 457 mm. Solids. Half tones. Or pale blue. The Xerox-3103 gives perfect reproductions. Every time. Size for size. On99 words
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Advertisement183 1977-03-25 1 J//S f par GOLFpte LTD the dolfcr's shop M. (A',' '-moh v, r^N'4 >i«C HA«{! i. y sNi,A»' Tf 5>~ I V' Wayfoong MAF loan ran help you get through the difficult months of any business. A big idea isn't enough. A business needs Wiyfoong MAF. Wayfoong MAF can help183 words
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OVERSEAS
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852 1977-03-25 2 REDUCED POLICY-MAKING FREEDOM Reuter LONDON, Thurs. The deal that saved Britain's Labour Party from downfall yesterday severely curtailed the government's ability to push ahead with radical legislation. In its Common's victory over a Conservative nonconfidence motion, Labour relied heavily on Liberal supportReuter - 852 words
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Article408 1977-03-25 2 Reuter GENEVA. Thurs. Scheduled meetings of negotiating groups at an international conference here on a projected commodity financing fund were cancelled yesterday following complaints by African states that the talks are proceeding too slowly, conference sources said. Delegates spent the day instead in separate meetings ofReuter - 408 words
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Article, Illustration263 1977-03-25 2 Reuter LONDON, Thura. The Labour Government's survival in Parliamentary vote last night has cleared the way for an international economic summit to be attended by President Carter in London as scheduled on May 7 and 8. Had the Government fallen in a no-confidenceReuter - 263 words
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475 1977-03-25 2 Reuter LONDON, Thurs. Britain's small Liberal Party, the "odd man out" of British politics, has moved nearer a power role with Its unprecedented deal with the Labour Government. For years, Liberal leaders have complained that Britain's electoral methods tendReuter - 475 words
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258 1977-03-25 2 Reuter LONDON. Thurs. The EEC should adopt a shipping policy which would promote a free market environment for shipping over as much of the world as possible, Mr Denys Brown, executive director of P and O Steam Navigation told the Seatrade Conference "Money andReuter - 258 words
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662 1977-03-25 2 Reuter LONDON: A boom In world tea prices that could mean a 30 per cent rise In the cost of Britain's traditional beverage has sent housewives here scurrying to the supermarket. The rise strikes at the heart of a British tradition which transcendsReuter - 662 words
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743 1977-03-25 2 Reuter LONDON, Thurs. Great concern over the small proportion of US foreign trade cargoes carried In US flag vessels was expressed by US Congressman John Murphy. Speaking here as chairman of the merchant marine and fisheries committee of theReuter - 743 words
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Article217 1977-03-25 2 Reuter PARIS. Thurs. Japan rejected west European claims that the five per cent price rise It Introduced last month for ship export would be Insufficient to Increase the flow of orders to European yards, 'a senior Japanese official said. Mr. Shlnlchl Yanal, deputy leader ofReuter - 217 words
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Article86 1977-03-25 2 Reuter LISBON, Thurs. Portugal will formally apply to Join the European Common Market on March 29, the pro-Government dally Dlarlo de Notlcias said yesterday. The newspaper, quoting a well-Informed source, said the Portuguese Ambassador to the European Economic Community In Brussels, Dr. Slquelra Frelre,Reuter - 86 words
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493 1977-03-25 3 AP LONDON, Thurs. Concern that the strife In Zaire and Rhodesia could reduce African copper exports has caused copper prices to rise rapidly on the London metal market in the past month. The possibility of a strike by United States copper workersAP - 493 words
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Article, Illustration808 1977-03-25 3 US satisfied with GermanJapan response PLAN TO STIMULATE WORLD ECONOMY WASHINGTON, Tuesday AP NYT UNITED States officials are satisfied so far with the response they are getting from West Germany and Japan to the Carter t Administration requests that they stimulate their economies to help the rest of the world.AP; NYT - 808 words
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383 1977-03-25 3 UPI RIO DE JANEIRO. Thurs. The Brazilian Central Bank yesterday halted foreign exchange trading for financing soy product exports until the govern- ment sets up an admlnls-; tratlve procedure for collec-1 tlon of a new seven per cent export tax. Banks willUPI - 383 words
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1510 1977-03-25 3 BARRY JAMES - By BARRY JAMES UPI POLAND is in the strange position for a Marxist-ruled country of having to wish capitalism the best of luck instead of preaching its imminent demise. For the nation depends to a great extent on the recovery of Western industrialised countriesUPI - 1,510 words
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Article116 1977-03-25 3 AP WASHINGTON, Thurs. A key indicator of the United States' International payments position shifted back Into deficit last year, the government reported yesterday. The US Commerce Department said the balance on current account was In deficit by US$6O4 million last year compared to a surplusAP - 116 words
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Article98 1977-03-25 3 Reuter FRANKFURT, Thurs. The gold price should hover between US$l5O and US$l7O <Ss36o and Ss4oB) per fine ounce in the next 12 months, Mr. Gert Becker, board member responsible for precious metals at the Degussa Metals Trading and Processing group, said. But probable market regulation by centralReuter - 98 words
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179 1977-03-25 3 Reuter PARIS, Thurs. The supplementary 1977 French budget to be presented to Parliament in April shows a deficit of 10 billion francs. Presidential spokesman Jean-Philippe Lecat said. Speaking after yesterday's Cabinet meeting, he said the deficit arose from spending of 19.93 billion francs offset byReuter - 179 words
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300 1977-03-25 3 Reuter BONN, Thurs. The West German Government announced yesterday the country's nuclear energy output had to increase more than six-fold by 1985 if its energy needs were to be met. The forecast was contained in the government's basic energy programme covering the country's expectedReuter - 300 words
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390 1977-03-25 3 Reuter DOHA, (Qatar), Thurs. The president of the Organisation of Petroleum Exporting Countries said today he was confident the present two-tier oil price system would not undermine the organisation. Sheikh Abdul-Aziz bin Khalifa Al-Thani, who is also Qatar's Petroleum and Finance Minister,Reuter - 390 words
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Article131 1977-03-25 3 Reuter NEW YORK. Thurs. The world will use nearly twice as much energy in 1990 as It does today, Exxon Corporation, the world's largest oil firm, said yesterday. The company said that world energy needs, expressed in the energy equivalent of oil, would reach 157 millionReuter - 131 words
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Page 2 Advertisements
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Advertisement61 1977-03-25 2 WSvl»:; A s ,c> K: PI 111% V *■> xs.: ;k^-- -s ?< < V>. <&:* :-o wWJ# Pbter Benchley s 'Better than JAWS... ever escalating shocks' -TIME K 'For the second time -the book you can't put down' -DAILY MAIL 'Cracking entertainment' -DAILY TELEGRAPH Now on Sale at your61 words
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Page 2 Miscellaneous
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Miscellaneous314 1977-03-25 2 I THE WEATHER WEATHER report for 24 hours prior to 7.30 p.m. on March 24 at Singapore airport. Maximum Temperature Associated Humidity Minimum Temperature Associated Humidity Hours of Sunshine Rainfall in Millimetres Total Rainfall for the Month Total Rainy Days for the Month RADIO TV SINGAPORE 5 P.M. Opening Announcements314 words
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Page 3 Advertisements
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Advertisement186 1977-03-25 3 One source of expertise and supply, one source of service... for the building construction and engineering industries of Singapore. Co-ordination is extremely important in the planning and construction of any modern building it can mean savings of both time and money and can avoid the inconvenience of having to contact186 words
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COMPANY NEWS
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Article474 1977-03-25 4 PROFIT margins have continued to narrow at Bata (Malaysia). Against an increase of 9.7 per cent In sales to M 546.31 million, pre-tax profit advanced a mere 3.2 per cent to $4.1 million for the year ended Dec 31, 1976. The company explains In a474 words
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Article596 1977-03-25 4 Current Ex Date Total for Total for payment Date payable the year previous year Idris-Hyd 30%I Mar 25 60%I 71.5% Tanjong Tin 13.3%I Mar 25 25.7%I 30.9% A. Amalgamated 30% I Mar 14 Mar 31 30%I 50% Aytr Molek 15% Mar 9 Mar 31 15% 10% S.P.Textile 10%b596 words
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262 1977-03-25 4 THE Kuala Lumpur Stock Exchange has requested Tropical Veneer to furnish more Information on the appointment of a Johore Baru-based company as Its manager. It wants the company to provide appropriate detailed Information on Low Nam Hul and Sons, which recently came to262 words
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Article99 1977-03-25 4 BOUSTEAD Unochrome Australia, a subsidiary of Bousteadco Singapore, had achieved a consolidated net operating profit of A 537,000 In 1976 on revenue of $3.14 million. This compares with a loss of $59,000 on revenue of $3.02 million In the previous year. The profit Is before extraordinary99 words
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Article646 1977-03-25 4 ACTIVITIES at Singapore International Merchant Bankers Ltd (SIMBL) have apparently picked up a great deal last year, as reflected In the 34 per cent jump In operating profit from $1.96 million to $2.62 million. But because the company had to write off the residue of646 words
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Article369 1977-03-25 4 THE Parit Perak Holdings group has announced an unaudited pre-tax loss of M 524.329 for the first halfyear ended Dec 31, 1976 compared with a similar loss of $61,473 previously. The loss is due to the policy of the investment group to deduct expenses369 words
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COMPANY MEETINGS
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Article26 1977-03-25 4 THE following company meetings are due: Mar 25, 10.30 a.m., Registered Office, 12th Floor, Fltzpatrlck's Building, 86 Jalan Raja Chulan, Kuala Lumpur.26 words
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Article13 1977-03-25 4 Mar 25, 12 noon, Registered Office, 14 Lokyang Way, Singapore 22.13 words
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Article17 1977-03-25 4 Mar 29. Registered Office, Road No. 7, Port of Singapore Authority, Singapore 4.17 words
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Article17 1977-03-25 4 Mar 30 11.30 a m., Polynesian Room of Ming Court Hotel, Tanglln Road. Singapore.17 words
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Article18 1977-03-25 4 Mar 30, 11 45 a.m., Polynesian Room of Ming Court Hotel. Tanglln Road, Singapore.18 words
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Article18 1977-03-25 4 Mar nl 30, 12 noon. 11th Floor, Shlng Kwang House. Shenton Way, Singapore 1.18 words
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Article17 1977-03-25 4 Mar 30 12.30 p.m., Polynesian Room of Ming Court Hotel. Tanglln Road, Singapore17 words
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1250 1977-03-25 4 LONDON Thurs. Montedison is the most controversial company In Italy, perhaps In Europe. Its chairman, Mr Eugenlo Cefls is the victim of more frequent attacks In his own country's press than any other Industrialist In the world. Why? The first and simplest reason1,250 words
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307 1977-03-25 4 Reuter TOKYO, Thurs. EMI will shortly sign a new agreement with Japan's Toshiba Medical Company providing for local manufacture In Japan of EMI brain and body scanners. In addition to assembly and marketing of Imported machines, a spokesman for EMI here said. EMIReuter - 307 words
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Article112 1977-03-25 4 Reuter DALLAS, Thurs. American Petroflna said It expects first quarter earnings to be substantially lower than a year ago based on results for the first two months. The company earned US$l2.9 million or $1.21 per share, on revenue of $255.9 million In last year's first quarter. The companyReuter - 112 words
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Article1118 1977-03-25 4 On March 23 ON the Chicago Board Options Exchange on Wednesday, I a total of 94,952 contracts were traded compared with 84,177 on Tuesday. OPTION APL JLY OCT STOCK Alcoa SO 81/4 91/8 UNTRD 581/4 Alcoa 00 5/8 21/4 UNTRD 581/4 Am Tel SO UNTRD NOL NOL1,118 words
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Article149 1977-03-25 4 TOKYO,Thurs.— Pennwalt Corp of the US and two Japanese chemical firms will form a Joint venture here for the production of Tert Dodesyl Mercaptan (TDM), an emulsion polymerisation modifier to be used for the production of synthetic rubber. Pennwalt (Japan) said. The wholly-owned Japanese subsidiary of149 words
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Page 4 Advertisements
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Advertisement363 1977-03-25 4 NEW DIRECTIONS The magazine that actually says what you have been thinking jk all along. New Directions quarterly was born in late 1973 and has since then quietly set about its task to enhance the intellectual climate in Singapore, to stimulate the spirit of debate and to cast light on363 words
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INTERNATIONAL COMPANY NEWS
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Article232 1977-03-25 5 Reuter LONDON, Thurs. A Jump In exports, coupled with a reduction In Interest charges, has helped BICC end 1976 on a buoyant note. Full-year pre-tax profit rose 34.7 per cent to £43.48 million (£32.27 million) on a sales Increase of 18.5 per cent to £898.4 millionReuter - 232 words
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Article148 1977-03-25 5 Reuter PARIS. Thurs. Sple Batignolles SA, part of the Empain Schneider Group, said Iran asked it to take crude oil in payment for equipment it may supply. The company issued a statement saying it has several contracts under negotiation in Iran and has been asked for undertakingsReuter - 148 words
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Article65 1977-03-25 5 HONGKONG, Thurs. Union Bank of Hongkong has proposed a final dividend of 25 HK cents (20 cents plus cash bonus of five cents) on the capital Increased by the one-for-10 scrip issue for 1976. It is also proposing another scrip issue of one-for-10. The final payout brings the65 words
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Article29 1977-03-25 5 LONDON. Thurs. Associated Portland Cement Manufacturers has reported a rise in pre-tax profit to £45.4 million from £39.4 million in 1976 on sales of t360 million (£279.9 million).29 words
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Article369 1977-03-25 5 URANIUM SUITS Reuter NEW YORK, Thurs. Some Wall Street analysts welcomed recent news that Westlnghouse Electric had reached a tentative settlement in the first of a number of suits filed by Its utility customers. The uncertain status of the suits, which had been prompted by Westinghouse'sReuter - 369 words
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310 1977-03-25 5 SYDNEY, Thurs. Queensland Mines said It declared force majeure on the supply of uranium to a Japanese utility and said it was likely to declare force majeure to another Japanese utility. Queensland Mines said it notified the two utilities of the310 words
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Briefly
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Article99 1977-03-25 5 MELBOURNE, Thurs. Emperor Mines has plunged into the red, with a consolidated net operating loss of A 5472.000 in the first six months ended Dec 31, 1976. In the previous corresponding period it had a profit of $272,000 on revenue of $4.52 million. In the latest half-year revenue99 words
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Article61 1977-03-25 5 TOKYO. Thurs. Kyushu Electric Power privately placed a 100 million Swiss franc, seven-year, 5 1/4 per cent bond at par with Swiss Bank Corp, securities market sources said. They said this Is the lowest coupon rate for a bond issued by a Japanese firm abroad. The sources also said61 words
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Article82 1977-03-25 5 WASHINGTON. Thurs. American Telephone and telegraph plans to spend 22 per cent of its US$ll.4 billion 1977 capital budget on modernisation, the chairman. Mr. John D. Debutts, told security analysts. He added a large part of that amount will go toward new electronic switching system (ESS) offices. Mr. Debutts82 words
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Article70 1977-03-25 5 LONDON. Thurs. Herbert Morris said Tuesday's increased 205p offer for its ordinary share capital from Babcock and Wilcox is unsatisfactory. Babcock, which currently holds 1.3 million shares, or 39.23 per cent, of Morris, raised its bid from the 148p offer made on March 1. Morris said it intends to70 words
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Article38 1977-03-25 5 HONGKONG. Thurs. Hilwin Enterprises said Winsor Industrial Corp now owns more than 99 36 per cent of Hilwin's issued capital following its recent bid. and Hilwin shares will be delisted from local stock exchanges effective April 6.38 words
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Article70 1977-03-25 5 LONDON. Thurs. Telefon AB L.M. Ericsson plans to raise US$3O million through a 12-year Eurobond issue, lead manager S.G. Warburg said. The issue, due 1989, is expected to carry a coupon of B'/2 per cent and a sinking fund will bring the average life of the bonds down70 words
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Article79 1977-03-25 5 NEW YORK. Thurs. Net profit at Sears Roebuck rose to U*****.86 million from $239.87 million on sales of $4.43 million ($3.99 million) in the fourth quarter ended Jan 31,1977. This raised the full-year profit to $694.52 million from $522.59 million on sales of $14.95 billion (13.64 billion). Earnings79 words
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Article90 1977-03-25 5 TOKYO, Thurs. The Tokyo Stock Exchange said the outstanding balance of buying in margin trading on the Tokyo, Osaka and Nagoya stock exchanges for the eight successive week to 835.8 billion yen on March 18 from 841.5 billion a week earlier. The decline was due to a fall in90 words
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Article33 1977-03-25 5 DUESSELDORF. Thurs. The Spanish rail authority Renfe plans to raise a 100 million mark Eurobond, probably for seven years at eight per cent, a spokesman for lead manager Westdeutsche Landsbank Glrozentrale said.33 words
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Article837 1977-03-25 5 ROY HODSON - BRITISH STEEL CORP By ROY HODSON FT THE international slump in steel is biting harder in Britain yet the British Steel Corporation has chosen such an apparently unpropitious moment to secure Government backing for a capital expansion which will cost more than £1 billion when it isFT - 837 words
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Article285 1977-03-25 5 Reuter ZURICH, Thurs. Swissair has chalked up a 73.5 per cent Jump in net profit to 43.9 million francs (25.3 million francs) In 1976, with gross earnings reaching a record 257 million francs against 213 million francs In 1975. Total revenue rose to 2.18 billion francsReuter - 285 words
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Article75 1977-03-25 5 LEXINGTON, Thurs. Raytheon said Its directors voted to raise the quarterly dividend to 50 US cents from 30 cents and recommended a two-for-one stock split. The cash dividend Is payable on April 27, to shareholders on record on April 13. Holders will be asked to vote on the proposed75 words
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200 1977-03-25 5 Reuter MANILA. Thurs.— Lepanto Consolidated Mining and Atlas Consolidated Mining and Development of the Philippines are considering issuing stock for listing In Hongkong. Manila stock market sources said. Lepanto has not yet decided the actual amount and in the case of Atlas, someReuter - 200 words
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217 1977-03-25 5 Reuter LOS ANGELES, Thurs Continental Corp's operating earnings for the first quarter should be better than the 86 US cents, a share earned a year-ago, the B resident and chairman, Ir. John B. Rlcker, said prior to an analyst meeting. Mr. Rlcker said for tneReuter - 217 words
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113 1977-03-25 5 Reuter LONDON. Thurs. Interocean Shipping has announced the sale of Its seven million ordinary share holding of Rio Tinto Zinc Corp. The shares have been placed by the London stockbroking firms of De Zoete and Bevan and Hoare, Govett, a De Zoete and BevanReuter - 113 words
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Article130 1977-03-25 5 LONDON. Thurs. On a sales rise of 17 per cent to £356.15 million (£304.42 million), pre-tax profit at Booker Mcconnell increased by 10.4 per cent to £14.94 million (£13.53 million). Earnings per share rose to 24p from 20.71 p. Dilutedthey came to 23.09p compared with 20.1 lp130 words
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Article346 1977-03-25 5 Reuter NEW YORK, Thurs. Eastman Kodak, the world's largest photography firm, yesterday Introduced 17 new amateur photographic products and several new improved films. Among the new products Is an Instant camera which will cost U5539.95. five new movie cameras and five new movie projectors and twoReuter - 346 words
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216 1977-03-25 5 Reuter FRANKFURT, Thurs. Dresdner Bank said it will ask shareholders to approve a contingent capital Increase of 98.75 million marks in Its 790 million mark basic capital. This increase will serve for granting conversion rights to bearers of a 395 million mark 5 1Reuter - 216 words
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660 1977-03-25 5 ROBERT METZ - By ROBERT METZ NYT WHEN the directors of Austral Oil voted this week to sell all or part of the company's assets or to seek a merger, Austral became the latest of a long line of oil concerns to make that decision. TheNYT - 660 words
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Page 5 Advertisements
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Advertisement414 1977-03-25 5 p r Csso ESSO MALAYSIA BERHAD (Incorporated in the States of Malaya) NOTICE IS HEREBY GIVEN that the 18th Annual General Meeting of the Company will be held at the Hilton Hotel, Kuala Lumpur on Thursday, May 5, 1977 at 10:30 a.m. when the Directors will recommend for approval the414 words
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Article2235 1977-03-25 6 1976/77 High Low Company Last Sale +orGr'a div Div c'vr Gr'« yid Net P/E Vol (000) Day High Low SECTION ONE INDUSTRIALS 175* 133 206 100 237 186 201* 204 248 460 133 127 172 60 185 66 127* 149 172 374 Acma Acma A Alcom Allied2,235 words
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Article1029 1977-03-25 6 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified All Time Settlement Contracts are quoted after word ••Set" Big Board deals1,029 words
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Article1290 1977-03-25 6 BID and offer prices officially listed and business In and reported to the Kuala Luirpur Stock Exchange yesterday with number of shares traded shown Ir brackets In lots of 1.000 units unless otherwise specified INDUSTRIALS Acma (I 4.">8 1.508) A. Tape lO.'iIS). Alcorn (1 928) A. Choc1,290 words
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Article149 1977-03-25 6 STRIKING pricea of the »tock options officially liated on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown in brackets. D.B.S. (June $3 90) (0.088 0 08-1/2S) (2)0 09-1/2, (1)0 09 (June $3.60) (0 12B)149 words
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Article157 1977-03-25 6 SINGAPORE UNIT TRUST i Managers', prices for Mar 25) INCOME BOND UNIT (Current prices) The Commerce .1.74 1.84 The Saving Fund .0 86 0 91xd S pore Prog Fund 0 76 0.81 S pore Security Fund 1.41 149 S pore Invest Fund 1 02 1.06 ASIAN UNIT TRUST157 words
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Article167 1977-03-25 6 B O T 8 1/2* 1981 (100,000) (1038 103HS) D B S 8 1/2* 1982 (100,000) (IOOUB 101S) DBS Convert* 6 1/2* 1991 (100,000) (978 97 E 1 B 9* 1982 (100.000) (103 SB 104 3 «S) E 1 B 8 1/4* 1983 (100,000) (1008 100'.S) I B167 words
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Article128 1977-03-25 6 5 1/2* 1/12/77 (1.000,000) (101.508 101 655) 5% T F 1/3/78 (1.000.000) (102.658 102 85S) 5 1/2% 15/4/78 (1.000.000) (101.668 101.735) 5 1/4% 15/7/78 (1.000.000) (101 568 101.61S) 6 1/2* 15/8/78 (1.000.000) (103 208 103.355) 7% 1/7/79 (1,000,000) (104.808 104.955) 5 1/2% 1/10/77-79 (1,000.000) (101 458 101128 words
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Article627 1977-03-25 7 TRADING conditions once again lapsed into a state of inertia and prices resumed their declining trend at the Stock Exchange of Singapore yesterday. The overnight closing firmness was not carried over into yesterday's trading as the followthrough buying was seriously lacking. If the bulls had627 words
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Article346 1977-03-25 7 SHARES suffered losses at the Kuala Lumpur stock market yesterday as sellers once again took over the trading floor. The previous day's gains proved to be just a flash in the pan. Yesterday's decline came in the wake of the release of Sime Darby interim results346 words
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Article134 1977-03-25 7 Reuter ROCHESTER, New York. Thurs. Xerox Corporation yesterday Introduced a new electronic tvDlnK svstem that It said can turn out error-free copy at 350 workd per minute, about five times as fast as an expert typist. A typist uses the new •800" typing system as aReuter - 134 words
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WALL STREET AND OTHER OVERSEAS MARKETS
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Article1136 1977-03-25 7 NEW YORK: The stock market surrendered more ground on Wednesday after an early morning rally attempt failed to gain momentum. Volume continued at a sluggish pace. Analysts said worries about higher prices and Interest rates were aggravated by US Agriculture Secretary Bob Bergland's announcement on Tuesday of an1,136 words
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Article368 1977-03-25 7 JOHANNESBURG: Gold shares moved off the bottom following the higher London mor.ilng fix, but interest was small and the rest of the market continued to drift, dealers said on Wednesday. Financial minings were very quiet and basically unchanged. In diamonds, De Beer« lost eight cents to 447 and Anamint368 words
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Article295 1977-03-25 7 ZURICH: The market generally closed steady In featureless activity, dealers said on Wednesday The OECD report which said a marked recovery of the Swiss economy cannot be expected In the current year, led to Increased buyers' reserve, while stock offers were not pressing either, they said. Swissair was subject295 words
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Article391 1977-03-25 7 AMSTERDAM: The resignation of the Dutch coalition government had little impact on the bourse here, which was narrowly mixed in early trading, dealers said on Wednesday. The fall of the centre-left coalition, with Its proposals for the redistribution of excess company profits to the workforce, investment guidelines and the391 words
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Article172 1977-03-25 7 BRUSSELS: Prices closed mixed with a lower bias after lively trading and larger price movements than earlier this week, dealers said on Wednesday Gains were recorded by Cometra, UCB, and Mosane, while losers Included Hoboken, Cockerill, GB, Abed, Traction Montagne and Acec. Gold mines were mixed. Among foreign stocks,172 words
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Article167 1977-03-25 7 MANILA: The market continued firm but In dull trading, dealers said on Thursday Minings and commercials rose slightly but oil declined further. Turnover In minings rose to 6 42 million pesos from Wednesday's 4.56 million, while total turnover was 7.43 million pesos compared with Wednesday's 5 43 million. Gainers167 words
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Article531 1977-03-25 7 TOKYO: Prices continued lower In thin trading on increasing concern over the yen's rise, dealers said on Thursday. The Dow Jones average lost 16.54 to close at 4.M1.80 with volume 170 million shares The New index closed at 3774.13. down 0.75. Export-oriented electrlcals and motors led the decline with531 words
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Article161 1977-03-25 7 MILAN: The market closed generally higher In fairly active trading with more confidence about a general agreement among political parties over economic targets drawn up by the IMF. bourse sources said on Wednesday Renewed demand featured leading industrials showing gains, with Pirelli SPA and Anic marginally lower against the161 words
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Article363 1977-03-25 7 PARIS: The market closed generally irregular with fewer selling orders than In the last two days, dealers said on Wednesday. Shares were bouyed by the firmness of the franc and the fall In call money to 9\ per cent from 9 15/18 per cent on Tuesday, they added Banks363 words
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Article316 1977-03-25 7 TORONTO: The market was unable to consolidate morning gains and closed on Wednesday only moderately higher In light trading. Advances led declines 199 to 190. Pipelines were 10 points higher with Tranamountain Pipe A rising 1* to and Transcanada Pipe adding to 14V». In other changes. Fraaer Companies A316 words
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Article434 1977-03-25 7 HONGKONG: The market closed lower In dull trading on lack of Interest and lack of follow through of Swire Paciflc'a recent rise, dealers said on Thursday. The Hang Seng index fell 2.50 points to 419.37. Jardine Matheaon fell 40 HK cents to $16.50, Swire Pacific 15 cents to $8.75.434 words
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Article94 1977-03-25 7 MAR 24 Bants Asia Fibre 136 Bangkok Bank 253 ♦2 Bangkok Invest 171 ♦2 Bangkok-Metro-politan Bank Bata 407 +2 Berll Jucker 196 *6 Charoong Thai 147S Wire Dumex DusitThani Faber Merlin First Trust Indo-Thal Industrial Finance Corp 1105S unch J AndJ Ho 218 1 Jalaprathan Cement 94 unch Jalaprathan94 words
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Article413 1977-03-25 7 SYDNEY: The market closed lower on Thursday led by mines following Queensland Mines' declaration of force majeure on uranium shipments to Japan, dealers said. The Sydney All-ordinaries index fell 1 88 points to 444 54 Queensland Mines lost five cents to $1 75 and Kathleen four cents to $1.05413 words
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Article224 1977-03-25 7 MAR 23 Dm Aef-Telefunken 90 40 Akzo 29 30 Allz Leben MOB AllzVers 410 unch BASF 190 20 Bay HT Wbank 209 -1 Bay Vbank 276 unch Bayer 139 40 1.1 BBC 228 50 -05 BMW 228 80 1.3 Cassella 430 +5 Chem Verw 272 1.9 Commerzbank 191 +2224 words
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Article66 1977-03-25 7 FINANCIAL TIMES INDUSTRIALS Wednesday 427.4 Tuesday 419.4 Week ago .428.1 now JONES AVERAGE INDUSTRIALS Wednesday 942.32 Tuesday 950.96 Week ago 968 00 LONDON DOLLAR PREMIUM Wednesday 112U to 112 3 Tuesday 112'i to 113 H.K. HANG SENG Wednesday 421 87 Tuesday 419.55 Week ago 419 97 SYDNEY INDUSTRIALS Wednesday66 words
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Page 7 Advertisements
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Advertisement378 1977-03-25 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 ma/am! Because Penguin books are rather riL'a special. They are mind-stimulating, deeply researched, Jml entertaining in a wholesome way, highly educational 3 J I fjMNI Mi jjjjf378 words
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COMMODITY REPORTS AND PRICES
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Article767 1977-03-25 8 THE Singapore rubber market opened yesterday half a cent lower following easier overseas advices and thereafter fell further on stale bull liquidation and lack of trade Interest, dealers said. Turnover was fair Rubber prices fell back during the morning session, when April RSS One buyers767 words
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Article30 1977-03-25 8 Rubber: Mar 24 Singapore: April 200.75 cts (down 2.75 cts.) Malaysia: April 204.00 cts (down 2.00 cti) Tin: $1,505 (up $51,374) Official offering: 178 tonnes (down 36 tonnes)30 words
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Article117 1977-03-25 8 R.A.S. April May (Curreat Mth) (Fn rward Mth) Buyer* Seller* Buyer* Seller* (e» ill per kg) (o* nu per kg) SSR20 (1-ton Pallet) 104 50 100 SON 108.00 108 OON SSR50 (1-ton Pallet) 102 00 104. OON 103 50 105 SON M.R.E.L.B. SMR 5CV (1-ton Pallet) 222117 words
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Article172 1977-03-25 8 THE Straits tin price in Penang yesterday was up $51.37 V, to $1,505.00 per plcul on an official offering down 36 tonnes to 178 tonnes. In LONDON yesterday, tin rallied by £80 all round in both contracts. The movement was touched off in the early pre-market by the172 words
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Article127 1977-03-25 8 THE following Palm Oil prices were quoted In London on Wednesday The prices are elf Rotterdam and are quoted In US dollar per ton unless otherwise staled Wednesday Pre*. Malaysia 5% ffa bulk unch 630 sir June/July Sumatra 5% Mch unch 613.50 pd Apl 642 50 sir 645127 words
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Article364 1977-03-25 8 IN the Singapore gold market yesterday, the kilobar was traded initially at 5512,220 and was marked down to 5512,150 at the close. The loco London gold opened on a firm note at U*****.00/153 50 and closed at U*****.40/152 80 on long liquidation and hedge selling. The London morning fix364 words
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Article312 1977-03-25 8 LONDON, Thurs. Copper wlrebars finished the morning with losses of £3.50 for Cash and £2.50 for Three Months. There was an overall < steadiness on the pre-mar-ket and during the Ring where a modest two-way trade developed within the 1 range £931 £932 £930 for Three Months. However, In312 words
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Article107 1977-03-25 8 LONDON, Thurs. Lead gained mostly £1 In the morning. Early fresh buying and trade support gave prices a boost on the pre-market where Three Months changed hands up to £421. But In a rather nervous market the higher levels attracted profittaking and down to £412 per tonne was paid107 words
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Article106 1977-03-25 8 LONDON. Thurs. Zinc declined by £4 for Cash and 14.50 for Three Months In the morning. Values had hardened on the pre-market reflecting trends In copper and lead but modest hedge selling soon pared gains. Three Months initially traded at £432 In pre-mar-ket dealings and softened throughout the Ring106 words
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Article295 1977-03-25 8 CHINESE PRODCCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PlCl'L YESTERDAY. Coconut CHI Bulk $125 sellers, old drum $130 sellers, new drum SI3S sellers Copra Mixed (loose) UK/Cont $78 buyers Pepper Muntok ASTA white f ob 100% NLW $420 sellers. Sarawak white rob 96% NLW S4OO sellers. Sarawak special295 words
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Article312 1977-03-25 8 LONDON, Thurs. Robusta futures ended the opening call slightly easier, £62 to £100 down from last night. March 1978 was at £4,180. 354 lots were traded. The market eased reflecting New York's close which was down from the new six cent limit touched yesterday. Trading was well matched with312 words
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Article163 1977-03-25 8 CHICAGO, Wed Soybean futures finished a heavy trade with prices down 15'* to 3 4 cents a bushel after falling sharply in old crop months. Prices advanced in early dealings on the USDA supply-demand estimate of a reduced carryover but growing weakness in soybean oil futures generated liquidation and163 words
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Article141 1977-03-25 8 CHICAGO, Wed. Wheat futures were down 1-1/4 to 1-1/2 cent a bushel at the end of a light trade. Interest in wheat was limited as traders turned attention to the soybean complex and price movement was confined to a three cent range. Early gains in beans prompted speculative buying141 words
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MONEY AND EXCHANGES
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Article544 1977-03-25 8 SINGAPORE'S forex market came alive yesterday morning when the Japanese yen moved erratically up and down, at one stage rising by more than 100 points. Opening at round Yen 277.70 against the US dollar, the yen was traded down to 277.20 by mid-morning, about the time of Tokyo's lunch-time544 words
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Article185 1977-03-25 8 Asian rates ASIAN currency deposit Interbank rates as at close on March 24 US Dollari (Spoil Offer Bid 7 days 4 15/16 4 13/K 1 mth 5 4 7/8 2 mths 5 1/16 4 15/16 3 mths 5 3/16 5 1/16 6 mths 5 9/16 5 1/2 9 mths 5185 words
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Article45 1977-03-25 8 RANUE of prices offered by dis count houses on March 24 Overnight to 3H Call deposit 3H Buy Selling 3-month Treasury bills 3 2 3-Month Bank bills 3 3 3-Month CD 4 1/16 3 H 6-Month CD 4 S 4 Source: National Discount Co.45 words
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Article162 1977-03-25 8 Euro rates LONDON, Thurs. Most period Eurodollar deposits opened higher reflecting the loss of the Friday dealings technicality, while longer positions and day to day rates opened steady. End-month cover requirements were cited for bids In One Month at 4% In early trading after opening 4 15/16 4 13/16 Some162 words
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Article279 1977-03-25 8 LONDON. Thurs. The yen opened below yesterday's late highs reflecting profit-taking by operators in the Far East after strong gains of the last few days, dealers said. Sterling opened firm following the British Government's survival of a motion of no confidence in Parliament. Some early buying was apparently absorbed279 words
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Article201 1977-03-25 8 NEW YORK. Wed. Sterling closed slightly firmer on the day reflecting expectations, confirmed after most trading had stopped, that the British Government would defeat a Parliamentary Opposition vote of no confidence, dealers said. The pound closed at $1.7185/90 where It had stood for most of the afternoon compared201 words
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Article192 1977-03-25 8 TOKYO, Thurs. The yen fluctuated widely on the local foreign exchange market following a press report that the Bank of Japan has decided to intervene if the recent appreciation in the currency continues. Officials of the Central Bank declined to confirm or deny the report, by the JIJI News192 words
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Article128 1977-03-25 8 HONGKONG, Thurs. The US dollar closed slightly firmer at HK54.6415/30 compared with last night's $4.6390/6410 In moderate and featureless trading, dealers said. The yen closed at 277.75/95, slightly below Its 277.47 mid-point equivalent at the New York close, while other currencies were quiet and steady, they said. Sterling closed128 words
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Article56 1977-03-25 8 Minimum lending rates (in ACBC 6 J First Chicago 6V, Algemene Bank Citibank Bangkok Bank 7 HSBC 7 Bank of America Indosuez flv, Bank of China .7 Malayan Banking A*'* Bank of Tokyo Mitsui Bank 6*< Bank Negara ocbc Indonesia 7 OUB 6V. Chartered Bank 6». UCB 7 Chase Manhattan56 words
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Article48 1977-03-25 8 AUSTRALIA/NZ exchanges quoted on March 24 Australia: Sterling 0.6454/0.6383 US dollars 1.1056/1.1008 Ninety-day air mall buying rates: Sterling 0.6682 US dollars 1.1306 Ninety-day forward buying rates: Sterling 0.6498 US dollars 1.0954 New Zealand: Sterling 0.5592/0.5561 US dollars 0.9655/0.9555 Ninety-day forward rates: Sterling 0 5878 US dollars 0.984248 words
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Article58 1977-03-25 8 ZURICH exchanges closing quotes on March 23 US 2.5398 5408 UK 4.3620 3655 Can 2.4135 4155 W Germ 106 30 40 Neth 101.97 102.09 France 51.04 08 Belg 6.93-1/4 94 Denm 43.42 46 Norw 48.48 51 Swed 60.33 38 Italy 0.2860 2863 Austria 14.98 15.00 Port 6.56 58 Spain58 words
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Article33 1977-03-25 8 FRANKFURT exchanges opening quotes on March 24 US 2.3880/90 (2.3880/85) Can 2.2690/2710 Uk 4.100/115 Neth 95.80/95 Switz 93.90/94.05 Italy 2.685/700 France 47.98/48.13 Norw 45.57/65 Belg com 6.515/530 Belg fin 6.51/53 Japan 0.8590/860533 words
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Article307 1977-03-25 8 LONDON, Thurs. Straight bonds were basically unchanged to slightly firmer In places in quiet trading. STE Natlonale ElfAquitane $75 million B'* per cent bond, due 1985 and priced at par, traded around 99 99Vi in Initial dealings while the Slngar International $50 million per cent issue held yesterday's307 words
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Article268 1977-03-25 8 LONDON, Thurs. Silver declined by 1.8 to 2.5 pence per troy ounce in the morning. Despite overnight gains at New York and today's higher gold fix, prices eased from a pre-market price of 297.7 pence paid for Three Months. Dealers attributed the down turn to profit-tak-ing. and. the trend268 words
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Article206 1977-03-25 8 LONDON. Thurs. Terminal sugar was higher at the opening call by £0.10 (near May at £135.90 bid) to i 0.35 but immediately fell back In open trading under fairly heavy mixed selling to show modest losses from last night. Dealers said the easier trend reflected lack of any fresh206 words
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Article227 1977-03-25 8 BANGKOK. Thurs. Indicative prices for rice quoted were: US dollars per tonne fob basis Bangkok White Rice 100 per cent Ist class 289 100 per cent 2nd class 272 100 per cent 3rd class 287 5 per cent 257 10 per cent 238 15 per cent 235 20 per227 words
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Page 8 Advertisements
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Advertisement202 1977-03-25 8 TOP EXECUTIVE how to achieve it...how to hold it...TODAY.. MBi --is for YOU the younger executive Wtt.l.tMft jSEi i>tx TOP it i SMTJCVS SlpF 'V -f* ■«3CCB39»>- Aoccv This forceful, fast-reading new Guide exposes the dynamic strategies seldom openly discussed and almost unknown to the younger man who needs them202 words
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TRANSPORT AND COMMUNICATIONS
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733 1977-03-25 9 TERESA LIM - By TERESA LIM NOW that Malaysia's national carrier, Malaysian International Shipping Corporation (MISC), has decided to Join the Australian shipping conference despite the 12-sall-lng a year restriction, one might have expected at least a few sighs of relief from Neptune Orient Lines'733 words
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507 1977-03-25 9 PANDO Is to Introduce Europe's first Jetfoll service on June 1, linking central London with the Continent, via Zeebrugge, with rail connections to Brussels and other continental centres. The Jetfoll is a unique concept In sea travel pioneered by Boeing. The horizontal foils507 words
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Article89 1977-03-25 9 UPI TURIN, Thurs. The Ferrari car company's new sixwheeled Formula One racing car Is undergoing wind tunnel tests In an effort to Improve Its aerodynamic characteristics, company sources say. The new car, similar to the standard Ferrari 312 T2 racer of past years, underwent Its firstUPI - 89 words
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Article, Illustration351 1977-03-25 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Benattow (1100 after Frotasantos) 15/16 Bunga Blndang (after Du Shan) 19 Cherry Vllja (2300 48 Eastern Lily (H3GS) (1030 tide after Seine Lloyd hauls) (Draft 9.75m) (Prima Wheat) 8/9 Exmoor (GMUM) (after Seine Lloyd) 10/11 King Sun (after Sumber Tunas VI) 22 Makeverett351 words
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Article, Illustration78 1977-03-25 9 A TECHNICIAN at Lockheed's Rye Canyon research laboratory in California charts radio signals being broadcast from a scale model of the new L-1011-500 TriStar longrange jetliner. Mounted on a movable pylon outside the laboratory, the model is equipped with a series of miniature radio antennas. Test results show78 words
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528 1977-03-25 9 AP LYON, (France), Thurs. Every day, heavily-loaded DCBs rumble off the LyonSatolas runway in a unique Industrial operation, an airlift that Is the sole supply route for a car plant 4,800 km away In northern Nigeria. Each of the 11 toAP - 528 words
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Article192 1977-03-25 9 AP LONDON, Thurs. Persistent dull conditions began to have an adverse effect on rates on the London freight market yesterday. The April loader Norse Viking accepted the 25 cents lower rate of U5513.75 (FIO) for a 17,142-tonne wheat shipment from the US Gulf to Japan, while theAP - 192 words
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Article52 1977-03-25 9 AP JAKARTA. Thurs. A French exhibition to display mechanical, electrical, telecommunications, petrochemical, outer space, mining, publishing, banking and transportation equipment will be held here from tomorrow to April 3. A spokesman said that 200 company representatives and producers will take part in the exhibition at the Jakarta FairAP - 52 words
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Article601 1977-03-25 9 ARRIVALS Operator Service Number Local Time From CPA MAS PAA JAL SIA CX003 MH682 PA841 JL712 SQ211 0145 0810 0950 1000 1010 HKG KCH SFO/HNL/OUM HLP HLP OIA OIA PAL KLM OA980 QA908 PR501 KL833 1030 1100 1115 1150 HLP MES MNL AMS/ATH KHI/CMB RBA SIA SIA601 words
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Page 9 Advertisements
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Advertisement35 1977-03-25 9 OCEAN GOING TOG 2,500 O.N.P. AVAILABLE PROMPT TOWS TO AND FROM MIDDLE EAST, JAPAN, U.S.A., AUSTRALIA. EUROPE FOR MORE DETAILS. WHY NOT ASK CAPT. 808 MOORE MARINE AGENCIES PTE LTD TEL *****3 TELEX MAP R*****135 words
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Advertisement90 1977-03-25 9 A wealth of answers to scientific phenomena LIFE SCIENCE IJ Bit Alt! A thousand questions you've asked but never had answers to. Now to be found in these fantastic volumes from Life Science Library. Vast information on every conceivable branch of science. The power of pure energy molecular theory mathematics90 words
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Article, Illustration2016 1977-03-25 10 RICHARD JOHNS - Custodian of the oil weapon RICHARD JOHNS looks at the nature of the world's leading oil power; at how it is spending its enormous wealth; and at how it is wielding its political muscle both within the Middle East and in its relation with the rest of theFT - 2,016 words
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916 1977-03-25 10 JOHN SIMS - By JOHN SIMS UPI THE men who operate He detectors say the business world Is using them more and more because of "declining morality and tighter money." In Tlffanys and hundreds of other American businesses, lie detectors are being used not only toUPI - 916 words
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497 1977-03-25 10 THOMAS KENT - BIG SAVINGS FOR RUSSIANS By THOMAS KENT AP THE Soviet Union is saving millions of rubles by using manned spacecraft to search for minerals on earth, Soviet scientists say. The space surveys have been so promising that the Russians, advocating "an operational, permanently functioning space system,"AP - 497 words
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Article, Illustration130 1977-03-25 10 THIS massive threemetre diameter pipe the largest spirally welded steel pipe made in Europe will carry 10 million gallons of water an hour when it is installed in the Kielder Water Scheme in Northumberland, north-east England. It will have a concrete lining and will be130 words
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Page 10 Advertisements
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Advertisement350 1977-03-25 10 Good reading on from Penguin China the most populous nation in the world. Fast emerging as a major power in world politics. Isolated from the rest of the world for over two decades, world attention has nevertheless turned to this most enigmatic of nations time and again. Starting with Nixon,350 words
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675 1977-03-25 11 AP SAN FRANCISCO, Thurs. Japanese Prime Minister Takeo Fukuda says he will encourage Japanese businessmen to Join Americans In Joint ventures here and singled out California as a prime location for new development. Mr. Fukuda, stopping here en route home after meeting USAP - 675 words
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452 1977-03-25 11 AP TOKYO. Thurs. In his call for a reduction In Japan's trade surplus and at the same time defending the country's exports. Mr. Morihisa Emori said private enterprises had been forced to promote exports to keep on living. Former managing directorAP - 452 words
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Article139 1977-03-25 11 UPI RANGOON, Thurs. Burma's 1977-1978 budget for the fiscal year beginning April 1. projecting a US$4 million (Ss9.B million) deficit and 6.6 per cent economic growth, was presented to the National Congress yesterday by Deputy Prime Minister U Lwin. Mr Lwin told the current session ofUPI - 139 words
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Article76 1977-03-25 11 JURONG Shipyard's $11 million "Jumbo-tslng" contract has been completed, and the new M.V. Lake Nipigon" will be launched on Saturday at the shipyard. The 25,000 dwt vessel will be launched by Mrs. Jeremy Lang, wife of the district manager of Tradax International Singapore, a commodity broking company.76 words
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Article, Illustration228 1977-03-25 11 LAST year marked the first time that the Post Office Savings Bank put a major portion of its assets in Government securities. POSB's holdings of such securities increased nearly five-fold during the year to more than $300 million. POSB has not in tne past been228 words
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Article191 1977-03-25 11 THE latest Statistical Yearbook for Asia and the Pacific (1975) has just been published by the Economic and Social Commission for Asia and the Pacific (ESCAP). This yearbook, the eight in a series published by ESCAP, includes statistical time series of 34 member and associate member countries191 words
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Article, Illustration46 1977-03-25 11 Philippines First Lady Mrs. Imelda Marcos with Colonel Gaddafi of Libya. Mrs. Marcos is holding talks with Col. Gaddafi in Tripoli in an attempt to break the deadlock to grant autonomy to the Muslims of the southern Philippines. UPI Photo UPI PhotoUPI Photo - 46 words
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402 1977-03-25 11 UPI HONGKONG, Thurs. The ranking member of the Chinese army's general staff told Pakistani military leaders last night they could always count on China's strong support. Diplomatic analysts said Yang Cheng-wu, deputy Chief of the General Staff, obviously referring to possible threats from India whenUPI - 402 words
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127 1977-03-25 11 THE role of modern earthmoving concepts and equipment in boosting productivity and lowering operating costs is the theme of the Asian Earthmovlng Conference which began at the Hyatt Hotel yesterday. Over 500 participants from Australia, Bangladesh, Brunei, Hongkong, India, Indonesia, Korea. Malaysia, the127 words
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Article710 1977-03-25 11 Reuter TOKYO. Thurs. Nippon Steel senior managing director Yuzuru Abe said some major steel producing countries Including some members of the European Common Market, Spain. South Africa and Australia are now exporting steel at "alarmingly low" prices, far below production cost. In an Interview withReuter - 710 words
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300 1977-03-25 11 A SPATE of "agencyswopping" was stimulated by the recent Jardlne Matheson acquisition of Sandllands and Buttery, formerly the shipping agents for Knutsen Line. Jardlne Matheson also took an equity share (reported to be about nine per cent) In Overseas Orient Line and Overseas Orient Container300 words
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Article65 1977-03-25 11 JURONG Town Corporation filed two suits In the High Court yesterday, one aglnst Meng Yong Pte Ltd for $96,384.55 and the other against Alloy Industries. Other suits were filed bv Sun Beam Enterprise corporation against Chong Salk Fah trading as Chong Ming Co for $99,440.59, ana65 words
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Article126 1977-03-25 11 j CANADA'S third largest bank, the Bank of Montreal, will officially open Its regional representative office in Manila next Monday. The office will be opened by the bank's senior vice president of the Asla/Pajciflc division, Mr. R.D.H. Wilmer, and the representative will be Mr. W.T.126 words
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281 1977-03-25 11 KUALA *LUMPUR, Thurs. The Communications Ministry is planning a project to provide facilities for lald-up oil tankers at the mouth of the Johore River, Its Minister, Tan Sri V. Manlckavasagam said today. He said the lay-up berths would be able to receive very281 words
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Article203 1977-03-25 11 LONDON, Thurs. The Department of Trade here today confirmed that it is to appeal against the magistrates decision to acquit Mr. James Slater, former chairman of Slater Walker Securities, on 15 summonses Involving £4 million (Ssl6 million) under the Companies Act. Mr. Slater, 47,203 words
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Article112 1977-03-25 11 SINGAPORE and Cambodia agreed to develop trade and economic relations during the Cambodian Deputy Prime Minister Mr. leng Sary's three-day visit to Singapore. A joint press release Issued yesterday after Mr. leng's departure to Kuala Lumpur said that the two countries would ''adhere to the principles of mutual112 words
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Page 11 Advertisements
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Advertisement251 1977-03-25 11 APPOINTMENT WORKS ENGINEER An international manufacturing company with operation in Malaysia has a vacancy for he above appointment. The job: Responsible to expatriate Works Manager for the overall running of the factory. Future prospect for promotion within time span 3-5 years is excellent. The Candidate: Must be qualified Mechanical Engineer251 words
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Advertisement291 1977-03-25 11 cVard Applications ore invited to fill the position of o:— FINANCIAL ANALYST The person we need should be a Singapore citizen, in possession of an accountancy, business administration or eguivalent degree and have at least three years practical experience in financial analysis work in a major industrial organization. He should291 words
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497 1977-03-25 12 AP WASHINGTON. Thurs. New talks between the United States and Vietnam will focus at first on establishing an economic relationship, probably starting with an end to the American trade embargo, US State Department officials say. US President Jimmy Carter announced yesterdayAP - 497 words
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165 1977-03-25 12 UPI TOKYO. Thurs. Kraftco Corp. a leading US food company, will withdraw from its dairy product manufacturing and sales venture in Japan after seven years of deficit business, the firm's Japanese partner reported today. Morinaga Milk Industry Co. said it has agreed to take overUPI - 165 words
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Article29 1977-03-25 12 Reuter LONDON. Thurs. The nationalisation of the UK aircraft and shipbuilding industries will take place on April 29 and July one respectively, Industry Under-Secretary Leslie Huckfield told Parliament.Reuter - 29 words
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Article774 1977-03-25 12 LONDON. Thurs. The stock market closed quietly mixed At 3pm the Financial Times Index was down 4.1 at 423.3. Government bonds firmed with most Interest in short dates. Gains ranged to 1/8, but longer loans cut back rises of 3/4 to around 1/4 News that the new UK774 words
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177 1977-03-25 12 Reuter TOKYO, Thurs. Japan yesterday signed agreements to extend long term, low interest loans to Malaysia and Thailand to help finance development projects, the governmental Overseas Economic Cooperation Fund (OECF) announced. OECF president Kaneo Ishlhara signed the agreements with Mr. Dall M. Hashlm,Reuter - 177 words
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Article88 1977-03-25 12 UPI BANGKOK. Thurs. The Association of South-east Asian Nations Chambers of Commerce and Industry (Asean-CCI) will hold Its sixth council meeting here on March 28 to 30, it was announced today. Delegates from Asean will discuss the following: Results of the fifth council meeting In SingaporeUPI - 88 words
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Article161 1977-03-25 12 TRADERS in Singapore and Indonesia are expected to benefit, from a recently agreed scheme between the Singapore Shipping Association (SSA) and the Indonesian National Shipowners Association (INSA) on the Joint implementation of standardised freight rates in a bid to stabilise trade between the two161 words
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Article46 1977-03-25 12 Reuter s KUWAIT, Thurs. Venezuelan President Carlos Perez will pay a three-day visit to Kuwait next month, official sources said. The sources said the President will arrive here on April 23 to discuss with Kuwaiti leaders oil questions, the Middle East and bilateral relations.Reuter - 46 words
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611 1977-03-25 12 COMMERCIAL banks In Singapore should do their best to finance small firms which are facing the urgent need to modernise their equipment and Improve their competitiveness In local and export markets. This was said by Mr. Hsuan Owyang, director and general manager of the611 words
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Article498 1977-03-25 12 SMALL-SCALE manufacturers were yesterday urged to make full use of the assistance provided by the Economic Development Board and the Government. The call was made by Mr. S. Dhanabalan, MP for Kallang and vice-president of the Development Bank of Singapore, at the opening of the498 words
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Article, Illustration711 1977-03-25 12 DECISION SPLITS THE ALLIANCE Reuter NEW DELHI. Thurs. Mr. Morarji Desal, an austere 81-year-old former Deputy Prime Minster, was sworn In as the fourth Prime Minister of India, but the decision to elect him caused an immediate split within the ranks of theReuter; UPI photo - 711 words
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129 1977-03-25 12 UPI KUWAIT, Thurs. Kuwait's oil production has recovered since an initial drop following last December's price split among the members of the Organisation of Petroleum Exporting Countries, according to production figures published today. Kuwait and the majority of the oil group's members opted forUPI - 129 words
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Article238 1977-03-25 12 KUALA LUMPUR. Thurs. Copper will become one of Malaysia's major mineral export earner after tin and petroleum by 1980, a chemistry symposium was told today. Mr. Aw Peck Chin, of the Geological Survey Department, and Mr. Leong Pak Cheong of the Malaysian Rare Earth238 words
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537 1977-03-25 12 Reuter KUALA LUMPUR, Thurs. Pernas Securities and Charter Consolidated agreed on the terms for setting up their proposed Jointly-owned tin mining management company, Pernas Charter Management Bhd, officials of the two companies told Reuters. They said the Articles of Association for theReuter - 537 words
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Article61 1977-03-25 12 AP WASHINGTON, Thurs. New financing agreements to cover sales of US corn or grain sorghum have been signed with Tanzania and the Philippines. The pacts, announced yesterday, cover credit for US$B jnillion (5519.6 million) for Tanzania and $8.5 million for the Philippines, the US Agriculture Department said.AP - 61 words
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