The Business Times, 11 April 1977
1977-04-11
1
10
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section9 1977-04-11 1 BUSINESS TIMES M.C.(P) 300/1/77 MONDAY, APRIL 11, 1977 50CENTS9 words
-
NEWS IN BRIEF
-
Article76 1977-04-11 1 Reuter PADANG BESAR, Sun. Malaysian troops converging on a major communist sanctuary In lolnt operations with Thai forces today captured a large camp in southern Thailand, a Malaysian military commander said here. Malaysian Field Commander of Joint Operations, Brigadier General Yusof Din, told reporters that the camp,Reuter - 76 words
-
Article38 1977-04-11 1 Reuter BANGKOK, Sun. Malaysian Home Affairs Minister Tan Sri Mohammed Ghazall bin Shafie arrived here today to attend top-level talks tomorrow on joint measures to counter communist guerilla activities along the ThaiMalaysian border areas. ReuterReuter - 38 words
-
Article81 1977-04-11 1 AP LONDON, Sun. Abdullah Al Hajari, former Prime Minister of Yemen, was killed along with a woman and a chauffeur this morning when as assassin fired into their parked car in London, Arab diplomatic sources said. F»ur hours after the assassination outside the Royal Lancaster Hotel, ScotlandAP - 81 words
-
Article59 1977-04-11 1 AP PARIS, Sun. The French government has agreed to loan air transport to Zaire and Morocco, President Valery Glscard d'Estalng's office announced today. A statement which said Zaire and Morocco had asked for the assistance noted the government of Zaire was the "victim of armed subversive activitiesAP - 59 words
-
Article54 1977-04-11 1 Reuter BRAZZAVILLE, Sun. Two African countries have sent troops to support an invasion of Zaire, according to Zaire Pfesident Mobutu Sese Seko. He declined to name the countries involved, but said they had sent troops which were now stationed qjPi the Angolan border "to support the invasionReuter - 54 words
-
Article75 1977-04-11 1 Reuter DAR ES SALAAM. Sun. British Foreign Secretary David Owen begins his southern Africa tour here tomorrow by meeting Rhodesian guerilla leader Robert Mugabe and President Julius Nyerere, the spokesman for Rhodesia's black African neighbours. Mr. Nyerere is particularly Influential In the Rhodesia situation as chairman ofReuter - 75 words
-
Article58 1977-04-11 1 AP VIENTIANE, Sun. Laos has accused Thailand of abetting anti-communist rebels who seized an island in the Mekong river and has warned against "interference in Laotian affairs." The official Lao news agency, KPL, said a note protesting alleged Thai assistance to rightist rebels was delivered to theAP - 58 words
-
Article53 1977-04-11 1 UPI RANGOON, Sun. The Burmese Government formally announced over the weekend the enforcement of a new 320 km exclusive economic and continental shelf zone. Under the newly enacted territorial sea and maritime zones law, Burma asserts her sovereignty over 19 km of sea extending from baselines drawn aroundUPI - 53 words
-
Article68 1977-04-11 1 Reuter HONGKONG, Sun. The official New China News Agency today reported that China's biggest oilfield at Taching has beaten its crude oil production target for the first quarter of this year "In the teeth of the worst cold spell of the decade." The agency, monitored here, said thatReuter - 68 words
-
Article91 1977-04-11 1 NEW YORK, Sun. A federal district court meets tomorrow to set a date for a hearing to determine whether the Anglo-French Concorde airliner Is being illegally denied landing rights at New York's Kennedy airport. The court session is to fix a date for hearing a suit brought91 words
-
-
Article109 1977-04-11 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 Thursday and the high and low for 1977. Company Turnover Price# High Low •ooo Apr 7 1977109 words
-
LOCAL STOCK INDICES
-
Article75 1977-04-11 1 Apr 4 Apr 5 Apr 6 Apr 7 Apr 8 B.T. Index:, 261.06 257.25 257.79 256.76 Closed Industrials: 248.67 248 06 247.54 246.95 Closed Finance: 427.81 425.65 423.67 424.57 Closed Hotels: 158.68 158.68 158.18 158.02 Closed Properties: Tins: 142.79 141.94 142.01 141.51 Closed 107.43 107.42 107.42 107.42 Closed S75 words
-
Article84 1977-04-11 1 Apr 4 Apr S Apr 6 Apr 7 Apr 8 B T. Index: 204.87 202.39 201.97 201.47 202.65 Industrials: 273 54 272.61 271.81 271.31 272.20 Finance: 356 64 354.07 353.38 353.08 353.58 Hotels: 171.92 171.92 171.99 171.99 171.99 Properties: 140.89 140 39 138.62 138.12 138.82 Tins. 111 07 110.9484 words
-
-
869 1977-04-11 1 QUEK PECK LIM - Switch holdings into bonds offer STORE, MALAYSIA AMONG 20 ASKED By QUEK PECK LIM SINGAPORE and Malaysia are believed to have been among some 20 countries which have received an offer from the British Government to switch their official sterling holdings Into new foreign currency bonds. Details of the conversion869 words
-
Article545 1977-04-11 1 THE Central Provident Fund Board last year enlarged Its role as a financier to the Government* despite higher withdrawals for the purchases of public housing units. According to the Monetary Authority of Singapore's fourth quarterly bulletin for 1976, the CPF held as at the end of last545 words
-
153 1977-04-11 1 THE NTUC yesterday asked the Pioneer Industries Employees Union to refrain from meddling In the weeklong Metal Box strike. This followed efforts by the PIEU to organise nonstrlklng Metal Box employees. An NTUC spokesman said the Metal Box Workers' Union is153 words
-
696 1977-04-11 1 NYT JAKARTA, Sun. Continued repercussions from the current financial problems of Pertamlna, the state oil company, are threatening large segments of Indonesia's private banking and business community with cash troubles, with possibly serious effects on American and other foreign banks andNYT - 696 words
-
312 1977-04-11 1 AP Reuter LONDON, Sun. British Airways resumed some flights from Heathrow airport today after a week-long labour dispute, but too late to lure thousands of Easter vacationers from its competitors. The state-run airline planned a near-normal service today to Amsterdam, Brussels andAP; Reuter - 312 words
-
402 1977-04-11 1 KUALA LUMPUR. Sun. Dunlop (M) Industries has returned to the steady profit growth path from which it strayed in 1975 with pretax profits for the year ended Dec 31, 1976, up some 23 per cent to a record M 524.01 million. For402 words
-
264 1977-04-11 1 UPI AP TEL AVIV, Sun. Defence Minister Shimon Peres emerged as the ruling Labour Party's candidate for Prime Minister as he and Foreign Minister Ylgal Allon sealed a deal over the weekend that would make Mr. Allon the Defence Minister in a newUPI; AP - 264 words
-
Page 1 Advertisements
-
Advertisement50 1977-04-11 1 ®Wtyfoong hand when Wayfoong Mortgage you need and Finance (Singapore) Limited It ITIOSI Shdw House. Ground Floor. 3i>4 Orchard Road. Singapore 9. Tel *****7. Leisure/TV A Radio P2 Information Leisure P3 Overseas Markets Features/Crossword —P4 Commodities Overseas News/Inter. Sports Co. News P5 Local ft Overse Local Co News/ Share News50 words
-
Advertisement102 1977-04-11 1 oonv Sonnyboy Sony Trinitron now comes in with a 31 cm (13") screen portable color TV. The Son of Sony. Ifour ideal second set The Son of Sony has a Special ECONOQUICK system that gives you instant picture and sound, saving the unnecessary wastage of power while awaiting the tube102 words
-
Advertisement247 1977-04-11 1 fiyL Albert Photo For the best in c«?gsNC. 5 photographic mis hours equipment HEAD OFFICE 121 Ist Floor Orchard Tower'. (opp Hotel Stnqapura) Orchard Road Sir>gapore9 Tel *****3 *****1 *****15 The Colour TV set that never breaks down hasn't been invented That's why it makes sense to rent one from247 words
-
-
Article684 1977-04-11 2 THE results of the three-day conference between leaders of the European Economic Community (EEC) and Asean were not particularly dramatic but neither were they altogether discouraging. Reports from Brussels indicate that the 125 top Asean businessmen and public administrators did not achieve all that they had hoped for,684 words
-
REVIEWS
-
Article, Illustration1057 1977-04-11 2 ALINE MOSBY - By ALINE MOSBY UPI MARC CHAGALL turns 90 on July 7. Like a man decades younger, he is busy working and eager to journey to New York. Chicago or Paris for special exhibitions this year honouring one of the last of the great 20th century painters.UPI - 1,057 words
-
Article529 1977-04-11 2 ARTHUR HIGBEE - By ARTHUR HIGBEE UPI THE new show at the Folies Bergere has opened under new management to a timetested swirl of ostrich plumes and acres of nudes. It Is the first all-new show since Helene Martini, owner of nine Paris night clubs, bought the Folies threeUPI - 529 words
-
683 1977-04-11 2 CKT - MUSIC By CKT A TRULY whacko-type tale Is one In which the story Is quite clear and the moral quite vague. The fellow who thought up the following wheeze ought to be awarded a $20,000 POSB voucher and a lifetime subscription683 words
-
Article453 1977-04-11 2 JOHN SIMS - By JOHN SIMS UPI THERE are two operas named La Boheme. One is the popular opera written by Giacomo Puccini, the other was written by Ruggiero Leoncavallo and, almost unbelievably, received its first professional performance in America last Saturday. The operas, written within two years of eachUPI - 453 words
-
Article, Illustration849 1977-04-11 3 HERBERT MITGANG - BOOKS By HERBERT MITGANG NYT With Malice Toward None: The life of Abraham Lincoln. By Stephen Oates. Illustrated. 492 pages. New York: Harper Row. U5515.95. A QUARTER of a century ago, a group of Lincoln Scholars In Illinois decidedNYT - 849 words
-
Article691 1977-04-11 3 JOHN LEONARD - THE FABIANS AN ENCHANTING BOOK By JOHN LEONARD NYT The Fabians: By Norman and Jeanne Mackenzie. Illustrated. 446 pages. Simon Schuster. U5512.95. WHAT an odd crew they were tireless morallsers, talented snobs, professional enthusiasts, evangels of a crumpety socialism, permeators and wirepullers, for the fTOst part utterly humourless, so highmindedNYT - 691 words
-
674 1977-04-11 3 ALDEN WHITMAN - By ALDEN WHITMAN NYT The Fall Of Eagles. By C.L. Sulzberger. 408 pages. Illustrated. Crown Publisers. U5517.95 THE eagles of C.L. Sulzberger's title are the three European royal houses the Hapsburgs, the Hohenzollerns and the Romanovs that employed that birdNYT - 674 words
-
Article, Illustration1179 1977-04-11 3 CHAN HENG CHEE - By CHAN HENG CHEE Dr. Chan u a senior lecturer in political science at the University of Singapore. AS I write this column I can -recall vividly a brief exchange with an acquaintance some time before How many hours do you lecture? Ten hours a week. (Silence)...1,179 words
-
Article, Illustration824 1977-04-11 4 DAVID ANDELMAN - By DAVID ANDELMAN NYT THE NINTH Century buddhlst temple on a mountaln in Borobudur In Central Java was built atop the remains of at least four previous shrines, according to scientists, engineers and archeologlsts who have been restoring the structure. Jacquey Dumarcais, a FrenchNYT - 824 words
-
Article795 1977-04-11 4 ALINE MOSBY - By ALINE MOSBY UPI THE SCENE is the fabled Hotel Ritz on the Place Vendome in Paris, all carved wood, sculpted ceilings, and brocade-covered period furniture. The board of directors gathers In a salon to await the entrance of President Ritz. In marches a tiny,UPI - 795 words
-
Article816 1977-04-11 4 MICHAEL THOMPSON-NOEL - IN PUBLISHING, the biggest success of our times is the thriller. Frederick Forsyth's three best-sellers, for example, have made fortunes not only for him but for his publisher as well. _For Dick Francis, wealth has sprung from his horse-racing thrillers. I By MICHAEL THOMPSON-NOEL FT DICK FRANCISFT - 816 words
-
Article, Illustration643 1977-04-11 4 VALERI SANKOV - By VALERI SANKOV Novosti Press Agency LENIN Prize winner and People's Artist of the USSR Maya Pllsetskaya continues to be the Bolshol Theatre's brightest and most attractive "star". To get a ticket to "Carmen-Suite", a ballet Cuban choreographer Alberto Alonso produced specially forNovosti Press Agency - 643 words
-
-
Page 2 Advertisements
-
Advertisement181 1977-04-11 2 The international bank with your interests at heart. Dai-lchi Kangyo Bank is Japan's largest bank. With assets of about 43 billion dollars. But our size doesn't make us impersonal. A worldwide staff of financial experts ready to give your project their individual attention. And we have your interests at heart.181 words
-
-
Page 2 Miscellaneous
-
Miscellaneous333 1977-04-11 2 THE WEATHER WEATHER report for 24 hours prior to 7.30 p.m. on April 10 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 3.00 PM Opening Announcements333 words
-
-
Page 3 Advertisements
-
Advertisement47 1977-04-11 3 TRAVEL SINGAPORE I Req No *****3 OOK Suite 408, 4th Floor, Orchard Towers, Orchard Road, Singapore. 9. 10pp. Hotel Smgapura) THE BUSINESSMAN'S TRAVEL AGENCY CONVENIENT *REUABLE PROFICIENT OBLIGATION-FREE QUOTATIONS Telephone: *****80-81-82-83-84 If you have not yet received your SINGAPORE DEPARTURES Schedule phone now for your FREE copy.47 words
-
Advertisement126 1977-04-11 3 ARE YOU MAN ENOUGH TO BUY HER? WORLD Id Introducing the IBM Copier 111 in Singapore High Speed 4,500 copies per hour. First copy speed 4.5 seconds. Subsequent copies 0.8 seconds each. Excellent Quality Quality copies from a wide range of originals and sizes onto many kinds of materials such126 words
-
-
Page 4 Advertisements
-
Advertisement93 1977-04-11 4 VAPORAX The third generation automatic packaged steam boiler that helps you cut costs in it 4 four different ways ■Faster steaming times less fleer area required her ■Lower capital cast Now manufactured in Malaysia Available from 150 kg/hr to 5000 kg/hr capacity and working pressures 10,15, 20 kg/cm 2 and93 words
-
-
Page 4 Miscellaneous
-
Miscellaneous821 1977-04-11 4 TWO-IN-ONE CROSSWORD 1 J 4 CRYPTIC PUZZLE ACROSS 8 First person to have a single Jetty all the way round (7) 9 Strong tea blended for a VIP (9) 13 Left nothing inside for retreating soldiers (5) 14 Placed both sides of one vegetable (5) 15 Someone doing his best821 words
-
-
OVERSEAS
-
Article334 1977-04-11 5 Reuter TOKYO, Sun. Mr. Yens Le Ports, president of the European Investment Bank, is currently here to negotiate with underwriters on the flotation of a Euroyen bond which is likely to materialise soon, Finance Ministry sources said. The bond, to be Issued in the Eurocurrency market,Reuter - 334 words
-
Article244 1977-04-11 5 Reuter TOKYO, Sun. The Economic Planning Agency said the recovery of the Japanese economy is showing signs of quickening owing to increased exports and government expenditures. The Agency said in a report personal consumption and private capital spending continued at a low level, while productionReuter - 244 words
-
Article96 1977-04-11 5 Reuter TOKYO, Sun. Japan's March wholesale price index rose 0.1 per cent to an unadjusted 169.5 (base 1970), following a 0.4 per cent rise in February, the Bank of Japan said. The year-on-year rise fell to 4.2 per cent from February's 4.8 per cent. The Bank saidReuter - 96 words
-
175 1977-04-11 5 Reuter TOKYO, Sun. Japan plans to reduce its dependence on overseas energy sources from the present 80 per cent to 63 per cent during the next decade, Mr. Toshio Komoto. chairman of the Llbe-ral-Democratic Party's Policy Affairs Research Council, said. He told aReuter - 175 words
-
344 1977-04-11 5 Reuter NEW YORK, Sun. The US$l.2 billion (552.95 billion) fall in money supply reported last Thursday Indicates Federal Reserve Bank monetary policy will continue unchanged over the near-term, money market analysts said. There had been concern in recent weeks the Fed may haveReuter - 344 words
-
Article203 1977-04-11 5 WASHINGTON, Sun. The petroleum Industry reported on Thursday that US proven reserves of oil declined more sharply last year than the year before despite the most active well drilling programme in 12 years. The reduction from reserves totalling 32.68 billion barrels at the end of203 words
-
Article64 1977-04-11 5 Reuter PARIS, Sun. The Improvement in France's foreign trade position since last November should continue in coming months, the French Patronat Employers Federation said. Latest Foreign Trade Ministry figures show the trade deficit fell to 1.52 billion francs (***** million) in February from 2.38 billion In JanuaryReuter - 64 words
-
-
INTERNATIONAL COMPANY NEWS
-
337 1977-04-11 5 Reuter NEW YORK, Sun. The American Stock Exchange said the committee appointed by the Amex and the New York Stock Exchange to examine a possible merger has made substantial progress In the last two months. The exchange said 21 to 24 months will beReuter - 337 words
-
Article183 1977-04-11 5 Reuter LONDON, Sun. Burmah Oil's legal action against the Bank of England over Its former British Petroleum holding is unlikely to be heard before the autumn, Burmah shareholders' action group treasurer Jonathan Stone said. But Burmah chairman Alastair Down told the action group last weekReuter - 183 words
-
Article132 1977-04-11 5 HONGKONG, Sun. Swire Cheung Development reported a 18.6 per cent decline In group net profit at HK510.92 million ($13.41 million) for the year ended Dec 31, 1976. The company said the 1975 figure has been restated because of a change in depreciation policy. The132 words
-
Article144 1977-04-11 5 Reuter HONGKONG, Sun. Jardine Industries, a subsidiary of Jardine Matheson and Company, has turned In a 17.8 per cent rise in consolidated net attributable profit at HKSI2.6 million (HKSIO.7 million) for the year ended Dec 31, 1976. The earnings per share is 42 cents, upReuter - 144 words
-
Article150 1977-04-11 5 Reuter LONDON Sun. London Jobbers and brokers have revived a plan to establish a clearing house for Chicagostyle traded options, market sources said. Five major London Jobbing firms, plus brokers Vlckers Da Costa have approached the Stock Exchange Council for permission to deal in optionReuter - 150 words
-
Article117 1977-04-11 5 Reuter NEW YORK, Sun. The New York Stock Exchange said It proposed to Its board of governors changes In rules to facilitate creation of an options market before year-end. The NYSE said among the changes would be a provision allowing exchange members to register as marketReuter - 117 words
-
Article93 1977-04-11 5 Reuter ROME, Sun. The board of General Immobilaire has adjourned its second meeting on the firm's financial position without giving any communique or explanation. Immoblliare sources would say only that the board is expected to meet again on April 13. The board meeting began last Wednesday. The firmReuter - 93 words
-
Article134 1977-04-11 5 Reuter NIJMEGEN, Sun. Estel Nv Hoesch Hoogovens made a smart turnround in the fourth quarter of 1976 with a net profit of 25.2 million guilders. This compared with a loss of 92.1 million guilders In the previous quarter. The profit enabled the company to limit ItsReuter - 134 words
-
Article87 1977-04-11 5 Reuter TOKYO, Sun. Tokyo Shlbaura Electric (Toshiba) said it received a 400 million yen order from Iraq for a large electronic computer throueh an international trader Invited last November by the State Constructional Contracting Co of Iraq. Toshiba said it will ship the computer, a COS series Tosbac SystemReuter - 87 words
-
-
Page 5 Advertisements
-
Advertisement230 1977-04-11 5 Wang Laboratories Inc., U.S.A. A Growing International Family Sales and service centres in Malaysia and Singapore Wang offers on-the-spot sales and service in Malaysia and Singapore, as in its extensive network of over 150 offices throughout the U.S and 60 foreign countries. The Wang Systems Sales and Support Organisation, one230 words
-
-
COMPANY NEWS
-
521 1977-04-11 6 SIME DARBY Is planning a largescale oil palm project In Mindanao, Southern Philippines, which will Involve a partnership between the group and smallholders. Slme's recently appointed Director of Operations, Mr Tony Sumner said yesterday that studies of the complex project were well advanced521 words
-
Article71 1977-04-11 6 A revaluation of freehold and leasehold lands by Riverview Rubber Estates has produced a revaluation surplus of M 55.84 million. A company statement says the revaluation, which was first announced in July 31, 1976, at $10.77 million has been approved by the Capital Issues Committee of Malaysia.^ CIC71 words
-
Article660 1977-04-11 6 Current payment Ex Date Date payable Total for the year Total for previous year Hume (M) M. Banking Min. Sec. Robinson Prima M.B.S. Olympia Plywood Hume(F.E.) Batu Lintang Austral Enterp. Talam Mine* Goodwood Park Hotel Malaysia Sel. Coconuts Kamunting Tin Sthn. Kinta Cons. K.L. Kepong Deb. M. Breweries660 words
-
343 1977-04-11 6 KLUANG Rubber has reported a sharp 121 per cent Increase In pre-tax profits to $321,116 for the six months ended December 1976 on the back of higher prices and bigger harvest. This was despite a more than trebled replanting expenditure of $41,206. For343 words
-
COMPANY MEETINGS
-
24 1977-04-11 6 THE following company meetings are due: Apr 11, 10.30 a.m., Registered Office, No. 64-A, Jaian Buklt Blntang, Kuala Lumpur.24 words
-
Article17 1977-04-11 6 Apr 14, 11 a.m., 3rd Floor, Bangunan MBSB. 13/15 Leboh Ampang. Kuala Lumpur.17 words
-
Article14 1977-04-11 6 Apr 15, 10 a.m., 45 Spottiswoode Park Road, Singapore 2.14 words
-
Article18 1977-04-11 6 Apr 15, 10 a.m., Bangkok Bank Building, 105 Jalan Bandar, 6th Floor, Kuala Lumpur.18 words
-
20 1977-04-11 6 Apr 15, 12 noon. Registered Office, at Pantal Kundor, 9th mile, Tanjong Kllng, Malacca.20 words
-
Article13 1977-04-11 6 Apr 19, 3.30 p.m., Ladang Perusahaan Shah Alam, Selangor.13 words
-
Article14 1977-04-11 6 Apr 20. 11.30 a.m., 4th mile stone, Jalan Merslng, Kluang, Johore.14 words
-
Article15 1977-04-11 6 Apr 27, 9.30 a.m., Registered Office, 16 Jalan Tangsi, Kuala Lumpur.15 words
-
Article15 1977-04-11 6 Apr 28, 12 noon, Registered Office, Chartered Bank Chambers, Beach Street, Penang.15 words
-
20 1977-04-11 6 Apr 29, 11.30 a.m., Conference Room OCBC Centre, 19th Floor, Chulla Street, Singapore.20 words
-
-
Article2219 1977-04-11 6 1976/1577 High Low Company Lax Sal* Wat* +«rGr* Div Div Crr Gr'» Y'ld Net P/E Week Vol CWO) W< High Mk Low SECTION ONE INDUSTRIALS 146 133 204 76 212 66 198* 163 219 392 136 127 204 61 212 57 165 155 182 3642,219 words
-
-
Page 6 Advertisements
-
Advertisement211 1977-04-11 6 <**■ >■;- ;<• rff n st?lr '■mmm sl?ites >v. 1 r 1 1 A m r-■Z-At < nm Alex Josey has long been an observer, recorder and commentator of the Singapore scene. In this new book, he examines and explains the success of Singapore's tripartite alliance of Government, workers and211 words
-
-
WALL STREET AND OTHER OVERSEAS MARKETS
-
Article1137 1977-04-11 7 NEW YORK: Stock traders Ignored a huge rise last month In US wholesale prices and used a SlO billion federal spending shortfall as an excuse to stage a modest advance In light prehollday trading on Thursday. The 1.1 per cent Jump In the March wholesale price Index, reported1,137 words
-
Article235 1977-04-11 7 ZURICH: Due to the forthcoming Easter Holiday, the stock market showed no real trend on Thursday on less activity. Banks, In particular the big ones were maintained. Industrials weakened partially. Tendency at the bond market remained friendly on moderate turnover. The Credit Suisse Index closed at 225.5. APR 07235 words
-
Article276 1977-04-11 7 TORONTO: The market declined for the fourth consecutive session but volume was light ahead of the holiday on Thursday. The composite Index, down 21 points in the last three sessions, closed 3.2 lower. Declines out paced advances 206 to 159. Inco A was the most active Industrial, closing at276 words
-
Article323 1977-04-11 7 FRANKFURT: Most shares were steady to slightly higher In very quiet trading, dealers said on Thursday. Leading banks, chemicals, stores and engineerings mainly made small gains, while electricals and steels weakened. Siemeni was among larger losers, falling 1.30 marks. Motors were largely little changed, apart from Mercede» Holding which323 words
-
Article364 1977-04-11 7 JOHANNESBURG: Gold shares were extremely quiet toward the close with prices generally firmer, while the rest of the market softened in thin trading, dealers said on Thursday- Financial minings were mixed to firmer, with Anglos one cent lower at 387 De Beers was unchanged at 410. Coppers and platinums364 words
-
Article423 1977-04-11 7 PARIS: The market remained buoyant on Thursday following Wednesday's government decision to postpone application of the capital gain tax for shares and bonds to 1979 from 1978, dealers said. Shares did not rise as strongly as on Wednesday, but gains of up to seven per cent were made in423 words
-
Article310 1977-04-11 7 AMSTERDAM: The market closed slightly firmer In quiet trading, dealers said. Dutch Internationals were unchanged to firmer, apart from Hoogoven» which closed 0 30 guilders lower on the publication of Its fourth quarter results and poor prospects for the first 1977 quarter. Elsewhere banks and Insurances were lower with310 words
-
Article165 1977-04-11 7 BRUSSELS: Share prices closed mixed to mostly lower, dealers said on Thursday. Acec rose three per cent over Wednesday's close after announcing a 1976 a/ 1 several years of losses ST Roch and Tabacofina also rose. However, Reserve. Electrobel. FN. CBR and Geomines all fell. In foreign stocks, UK165 words
-
Article186 1977-04-11 7 MILAN: The market was mixed In Irregular trading on Thursday attributed to the pre-long week end last day but also to March liquidation by local dealers. Fiat, Montedison were leading industrials to show gains along with both Olivetti, Anic and Pirelli SPA while Snia Viscosaand Pirelli E C lost186 words
-
Article485 1977-04-11 7 TOKYO: Prices closed firm on active selective buying by Institutional Investors in blue chips, dealers said on Saturday. The Dow Jones average rose 37.82 to close at 4,928 03 with volume 100 million shares. The New index closed at 368 45, up 2.96 Recently sold electrlcals led the gain485 words
-
Article61 1977-04-11 7 FINANCIAL TIMES INDUSTRIALS Friday Thursday 403.0 Week ago 412.5 DOW JONES AVERAGE INDUSTRIALS Friday closed Thursday 918.88 Week ago 927.36 LONDON DOLLAR PREMIUM Fridav .Closed Thursday ilS 1 to 116Vi H.K. HANG SENG Friday Closed Thursday 430.14 Week ago 424.59 SYDNEY INDUSTRIALS Friday Closed Thursday 354.80 Week ago 358.9461 words
-
-
Article1444 1977-04-11 7 On April 7 TRADING on the Chicago Board Options Exchange came to 100,787 contracts on Thursday compared with 99,795 on Wednesday. OPTION A PL JLY OCT STOCK Alcoa SO 6 6 1/8 UNTRD 55 3/4 Alcoa 60 1/16 11/16 1 9/16 55 3/4 Am Tel SO UNTRD1,444 words
-
Article393 1977-04-11 7 NEW YORK: Inflation continued to be the major market concern last week as stock prices ended lower In slow trading. The Dow Jones Industrial average dropped 8.48 points during the abbreviated trading week to close on Thursday at 918.88. Turnover on the New York Stock Exchange393 words
-
Article104 1977-04-11 7 Reuter TOKYO, Sun. Capital outlay for plant and equipment by 10 Japanese electric power companies will rise 22 per cent In fiscal 1977 t02.46 trillion yen from an estimated 2.01 trillion In fiscal 1976, the Federation of Electric Power Companies said. It said theReuter - 104 words
-
Article102 1977-04-11 7 UPI SEOUL, Sun Daewoo Industrial, a leading firm here, will construct a department store in Kenya in a Joint venture with the African nation, the English-language Korea Times reported Daewood will supply management direction, commodities and an unspecified amount of capital, and Kenya will provide salesUPI - 102 words
-
Article39 1977-04-11 7 Ishikawajima Harima LONDON, Sun The US$45 million 13/*I 3 per cent Eurobond, due 1982, on behalf of lshlkawajlmaHarlma Heavy Industries was priced at par. Joint lead manager First Boston (Europe) confirmed. The notes are guaranteed by Daiichi Kangyo Bank.39 words
-
Page 7 Advertisements
-
Advertisement176 1977-04-11 7 Confront Singapore's decision makers in Business Times Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these who For only $3.50 per single column centimetre176 words
-
-
COMMODITY REPORTS AND PRICES
-
Article241 1977-04-11 8 LONDON, Sun. Terminal rubber closed dull on Thursday. Prices were unchanged from Wednesday night (near May at 53 pence) to 0.30 pence per kilo lower. Lots traded totalled 104 of 15 tonnes and five lots of five tonnes. ClF's officially closed quiet. Spot was little changed from Wednesday241 words
-
Article273 1977-04-11 8 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICIL YESTERDAY. Coconut Oil: Bluk $112 sellers, old drum tin sellers, new drum $122 sellers Copra. Mixed (loose) UK/Cont. $14 buyers. Pepper Muntok ASTA white f.o.b 100% NLW $407 v, sellers. Sarawak white f ob 9f1% NLW $387'. sellers. Sarawak273 words
-
Article111 1977-04-11 8 THE following Palm Oil prices were quoted In London on Thursday. The prices are clf Rotterdam and are quoted In US dollar per ton unless otherwise stated Tburwiay Prev Malaysia 5% ffa bulk 635 sir Jne/Jly unch Sumatra 5% Apl unch 645 sir May unch 645 sir June111 words
-
Article163 1977-04-11 8 LONDON, Sun. Futures i eased slightly on Thursday, In rather featureless dealings mainly In pre-Easter holiday booksquarlng operations. At the close prices were £0.15 up to £0.80 down. Sales totalled 1,598 lots. In NEW YORK, on Thursday, World sugar futures drifted 0.09 to 0.01-cent net lower around midday on163 words
-
Article25 1977-04-11 8 THE Straits tin price In Penang on Saturday was down $7 to $1,403 on an official offering up 23 tonnes to 173 tonnes.25 words
-
Article464 1977-04-11 8 Source: Swiss Bank Corp LONDON, Sun Gold closed higher at >148.50/ 149.50 an ounce on Thursday, compared with $148.60/ 149.10 on Wednesday in slow trading ahead of the Easter holiday, dealers said. The metal was fixed In the afternoon at $148.70 slightly below the $149.18 average price at Wednesday'sSource: Swiss Bank Corp - 464 words
-
Article242 1977-04-11 8 LONDON, Sun. Robusta futures closed the opening session steady, £16 higher to £20 per tonne lower on Thursday compared to Wednesday night. 232 lots were traded. July rose £16 at £3,894 after a low of £3,880. Distant May lost £20 at £3,915. Terminal closed the morning at the highs242 words
-
Article209 1977-04-11 8 BANGKOK, Sun. A Thai firm has been awarded a tender to supply 20,000 tonnes 100 per cent grade B to Iraq, trade sources said. The grain will be shipped in Apl/May and the price was In the region of US$292 (Ss7lB) CFFO basis per tonne. Trade sources said Vietnam209 words
-
Article155 1977-04-11 8 CHICAGO, Sun Wheat futures finished the session with prices 1V« to one cent a bushel higher on Thursday. Prices moved In about a three-cent range in light trading, easing Initially under the Influence of declines In soybean futures, after selling was absorbed, shortcovering turned prices upward and additional buying155 words
-
Article195 1977-04-11 8 CHICAGO, Sun Soybean futures closed mixed on Thursday finishing with prices 14V» to 13 cents a bushel higher in old crop {tosltlons and 5V4 cents ower to cent higher In new crop months. Final prices represented new seasonal highs for old crop contracts as May hit $9.74 a bushel195 words
-
Article56 1977-04-11 8 BANGKOK, Sun. The Thai Board of Trade forecasts that tapioca will become Thailand's biggest export commodity this year, with shipments totalling 4.3 million tonnes valued at $425 million (551,040 million)'. Board of trade sources estimated that exports of rice, traditionally the biggest export, would total 1.5 million tonnes56 words
-
Article796 1977-04-11 8 TRADING tempo in the Singapore produce market last week remained generally sluggish and prices of most commodities tended lower on lack of buying support from both at home and abroad. In certain sectors of the market, the easier trend was brought to bear on the prices796 words
-
365 1977-04-11 8 NYT LAKELAND, (Florida), Sun. Within the next two months, the harvesting of the 1976-77 citrus crop will be completed throughtout the state, and growers will happily close the books on a very trying year. They win then finally know how seriously theyNYT - 365 words
-
-
MONEY AND EXCHANGES
-
Article140 1977-04-11 8 THE US unit opened weaker last week on balance at the 2.4610-20 level after an unexpected realignment of the European Joint float which comprised the devaluation of the Swedish crown by six per cent and the Danish and Norwegian crowns, three per cent. The move to strong currencies like140 words
-
Article345 1977-04-11 8 ZURICH, Sun.-The dollar lost ground against most major currencies last week, probably because US Interest rates show no sign of rising. Additionally, the only small decline of the unemployment rate from 7.5 per cent to 7.3 per cent has been disappointing. The wholesale price figures for March were published345 words
-
Article138 1977-04-11 8 NEW YORK, Sun. Foreign exchange dealings on Friday were at a near standstill due to the holiday closure of most centres. The dollar closed with almost exactly the same opening quotes and virtually unchanged from overnight levels. Dealers said any changes in quotes reflected primarily narrowing or widening138 words
-
Article33 1977-04-11 8 FRANKFURT exchanges closing quotes on April 7 US 2.385/67 UK 4.096/111 Can 2.2610/20 Neth 95.93/94.08 Swltz 94.00/15 Italy 2.683/698 France 47.96/48.11 Japan 0.8725/45 Belg com 6 527/542 Belg fin 6.51/55 Norw 44.90/9433 words
-
Article88 1977-04-11 8 Reuter MUNICH, Sun. Lower inflation, not a more expansive Bundesbank monetary policy, is the key to ensuring declining Interest rates, Bundesbank directorate member Helnrlch Irmler said. Writing in the Bayerlsche Landesbank Glrozentrale's capital markets report, he said Investor expectations of a certain minimum real interest especiallyReuter - 88 words
-
Article63 1977-04-11 8 Reuter KOTA KINABALU, Bun. The Sabah state government will set up a development bank to finance infrastructure projects and offer loans to bumlputras, State Chief Minister Datuk Harris Salleh said. He told a seminar organised by the Association of Borrowing Companies of Malaysia the proposed bankReuter - 63 words
-
Article251 1977-04-11 8 Asian rates RATES were steady In a thin market ahead of Easter holidays with slight rollover Interest noted in the Three Months period. Short dates funds were well offered towards the end of last week. ASIAN currency average deposits rates for the week ended April 7 USKBid Price*) High Low251 words
-
Article252 1977-04-11 8 THE domestic money market continued to be tight throughout last week, contrary to the customary surplus conditions exKrlenced during past prend Issue periods. Interbank overnight money rate fluctuated between the opening for the week of 4% per cent and eight per cent. As there were no indications of252 words
-
Article161 1977-04-11 8 Euro rates LONDON, Sun. Shortdate Eurodollar deposits closed up to 3/16 easier on Thursday, while period rates were unchanged from openings in quiet afternoon trading ahead of the Easter recess, dealers said. Day-to-day rates drifted lower due to plentiful supply of funds and lack of Interest with most operators now161 words
-
Article39 1977-04-11 8 FOR the week ended Thursday April 7, the range of call rates received from Short Deposits (M) Berhad was as follows: BANK FUND IS to GENERAL FUNDS: IS to 4H% Movements of funds totalled $285 million.39 words
-
Article252 1977-04-11 8 LONDON, Sun. The dollar edged lower on Thursday In thin late trading in Europe after the sharp 1.1 per cent jump In US wholesale prices in March, the biggest Increase In 17 months. Sterling lost a few points, to $1.7186/89 from $1.7193/98. The Bank of England reportedly supported its252 words
-
Article64 1977-04-11 8 RATES continued to firm last week. Overnight funds were traded, at the five to six per cent level, closing higher towards the long weekend. The terms saw much activities, with talcing interest In the One Month pushing rate up by 5/16 per cent to close at 4 Vi64 words
-
Article62 1977-04-11 8 Minimum lending rates (in acbc 6*. 6*4 Algemene Bank 6*4 Citibank 6*4 Bangkok Bank 7 HSBC 7 Bank of America 6*. Indosuez 6*i Bank of China 7 Malayan Banking 6*4 Bank of Tokyo 6*4 Mitsui Bank 6*. Bank Negara OCBC 6*4 Indonesia 7 OUB 6 J Chartered Bank 6% UCB62 words
-
-
Page 8 Advertisements
-
Advertisement385 1977-04-11 8 SINGAPORE business in this issue we feature: MANUFACTURING Running out of luck and line: The fishery industry cannot hope to grow until problems like lack of experience and expertise as well as adverse domestic factors are sorted out. TRADE Breaking out of the backroom: Computers have pushed their way into385 words
-
-
Article889 1977-04-11 9 GEOFFREY MILLER - LIVERPOOL, IPSWICH IN FIERCE STRUGGLE By GEOFFREY MILLER AP LONDON, Sun. Ipswich and Liverpool gained narrow victories yesterday and kept up their close race for the English soccer championship alive. Trevor Whymark scored the goal that gave Ipswich a 1-0 victory at nearby Norwich.AP - 889 words
-
Article1306 1977-04-11 9 mmmmmwm The Sunday Telegraph LONDON, Sun. Graham Thorne, the former All Black, does not see much hope for the newly selected British Lions pack. "They'll get rucked off the park. I have been watching British rugby for a few weeks now and IThe Sunday Telegraph - 1,306 words
-
Article, Illustration555 1977-04-11 9 ASHOK Malik, the fivetime winner of the Indian amatuer title, yesterday won the SICC Open Invitation title at the New Course. Ashok, who failed to qualify for last month's Singapore Open, proved that he is the best amateur golfer In Singapore by beating a top555 words
-
Article307 1977-04-11 9 Reuter NAIROBI, Sun. Swedes Bjorn Waldegaard and Hans Thorszellus, in a British Works Ford Escort, held on to their lead In the Silver Jubilee Safari Rally today after a fast 500-kllo-metre stretch at the start of the second section of the rally. Only 15 cars fromReuter - 307 words
-
Article, Illustration268 1977-04-11 9 Novosti Press Agency MOSCOW, Sun. NIKOLAI Andrianov, the Montreal Olympics all-round Champion was named by Soviet sports journalists the country's best athlete of 1976. The 24-year old gymnast of the ancient Russian town of Vladimir was recognised as the world's best by foreign sports commentators andNovosti Press Agency - 268 words
-
434 1977-04-11 9 AUGUSTA, Sun. Tom Watson, a co-leader when the day's play started, blrdled the eighth and ninth holes and took sole control of the top spot halfway through the third round of the 41st Masters golf tournament yesterday. Watson, a former British Open champion, played the434 words
-
Page 9 Advertisements
-
Advertisement95 1977-04-11 9 C4RER4 SUPER CmiRS, LUXURY FOR THE OFFICE. Carera The super chairs from Diethelm Unique Exciting —r~ Comfortable And elegant. ml l- Inspired by designs that defy dating In materials that lift And enlighten Four sizes And a great range of styles m They're superb executive and m management chairs. Carera95 words
-
-
1040 1977-04-11 10 THE Government has budgeted $2.7 billion for development purposes in the next fiscal year but the effective outlay will be less since it expects to recover nearly $600 million in loan repayments from those bodies which will be receiving the funds. Of1,040 words
-
151 1977-04-11 10 UPI MANILA. Sun. Libyanbased leaders of the Moro National Liberation Front <MNLF) still have not responded to the Philippine Government's offer to join a provisional government for an autonomous Muslim region, President Marcos said over the weekend. Mr. Marcos said observers of the IslamicUPI - 151 words
-
Article, Illustration371 1977-04-11 10 Reuter PEKING, Sun. British opposition leader Margaret Thatcher left Peking today for a short provincial tour to east China after three days of talks with Chinese leaders. Last night, Senior VicePremier Li Hsin-nlen paid tribute to Mrs. Thatcher and other Europeans who speakoutReuter; Source: UPI photo - 371 words
-
Article292 1977-04-11 10 Reuter LAHORE. Sun. Police opened fire as antigovernment demonstrations In Sind and Punjab provinces yfesterday turned into riots, and usually reliable sources said at least 33 people died. They said hard-pressed police opened fire when mobs rampaged through the Punjabi capital of LahoreReuter - 292 words
-
141 1977-04-11 10 SANTA MARIA DEL MAR (Cuba), Sun. Cuban President Fidel Castro has said he thinks It will take time for his country and the United States to resume good relations but praised recent moves towards rapprochement. The Cuban leader was talking to reporters during141 words
-
538 1977-04-11 10 AP NEW YORK, Sun. Japan's willingness to limit exports of television sets to the United States may do little to cool the TV war with American manufacturers. The Issue Is price, not quantity. Mr. Robert Strauss, US special trade representative whoAP - 538 words
-
153 1977-04-11 10 THE Singapore branch of the Institute of Petroleum Intends to carry out a full scale membership drive In the near future to get support for its activities from oil refineries and related oil service companies operating in the Republic and the region. The Institute, which Is153 words
-
Article71 1977-04-11 10 SEOUL, Sun. A fourmember US Congressional mission headed by Representative Lester Wolff (Democrat-New York) arrived here today for a three-day fact-finding visit on a leg of its Asian tour. It was the first American Congressional group to visit South Korea since the inauguration of the Carter Administration71 words
-
Article115 1977-04-11 10 THE government Is planning to build a new reservoir In Changl with a storing capacity of nine billion According to a PUB spokesman yesterday, the Government has tentatively chosen a hill in the northern part of Changl as the site for the proposed reservoir. The115 words
-
Article572 1977-04-11 10 ARRIVALS Service Local Operator Number Time From CPA CX003 0145 HKO SAS SK097 0640 CPH/THR/BKK CPA CX710 1000 HLP SIA SQ211 1015 HLP OIA GA980 1030 HLP THAI TG423 1035 BKK OIA GA908 1100 MES PAL PR501 1115 MNL SIA SQ240 1140 MES RBA BI325 1155 BWN572 words
-
Article306 1977-04-11 10 Reuter MADRID. Sun. Spanish communists today began preparing for their first parliamentary election campaign In over 40 years after the Government bowed to opposition demands and legalised the Party. Leaders of the Party, which had been outlawed and persecuted since the late General Franco's victoryReuter - 306 words
-
Page 10 Advertisements
-
Advertisement98 1977-04-11 10 «C gSRiu j fi savours of Olde England Lunch or dine in a grill room that savours of Olde England with food just as savoury. The Stables an ideal place to combine business with pleasure. Cosy and private, with English-manner service too. Chef 's Specialities Lobster Clarence lobster slices on98 words
-
Advertisement465 1977-04-11 10 MAINTENANCE SECTION MANAGER The Chemical Company of Malaysia Berhad (a member of the ICI Group of Companies) which has been operating in this region for 12 years has an opportunity for a highly experienced mechanical engineer, to join their senior Management team. THE J'JB The successful candidate will be responsible465 words
-