The Business Times, 9 July 1979

Total Pages: 18
1 18 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 144/1/79 MONDAY, JULY 9,1979 50 CENTS
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  • BRIEFLY...
    • 72 1 AFP KUALA LUMPUR, Sun. THE constitution of the United Malays National Organisation has been amended to require a party member to have been with the party for five years before he is eligible to stand for election to Parliament. The party ended its three-day convention today with a
      AFP  -  72 words
    • 68 1 Reuter TOKYO, Sun. The United States has envisioned a plan to help deposed Prince Norodom Sihanouk set up a neutral state in Kampuchea, the newspaper Yomiuri Shimbun reported today. China, the chief supporter of the Pol Pot regime, has agreed to the idea "in principle," and the
      Reuter  -  68 words
    • 67 1 Reuter HONIARA, Sun. Papua New Guinea is to disregard a warning from French President Giscard d'Estaing and raise the issue of independence for French territories in the Pacific at a south Pacific forum meeting in Honiara this week. Papua New Guinea's Deputy Prime Minister Ebia Olewale said a
      Reuter  -  67 words
    • 28 1 CANBERRA, Sun. Australian Prime Minister Malcolm Fraser today urged other countries to cut off food aid to Vietnam and divert it to refugees.
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    • 62 1 AP TEHERAN, Sun. Two pipelines carrying oil and natural gas have exploded in Iran's oil-rich Khuzestan province, setting fire to "a vast area" around the explosion, the official Pars news agency reported eunday. The agency said the fire began on Saturday when a pipeline carrying oil across
      AP  -  62 words
    • 71 1 Reuter THE French hospital ship He de Lumiere has picked up at least 300 Vietnamese refugees from boats in the South China Sea and is heading here with them, a French embassy official said todav. The hospital ship sailed last Thursday from "its anchorage off the Malaysian
      Reuter  -  71 words
    • 81 1 AP MANILA, Sun. Chinese Vice Premier Deng Xiaoping has ruled out his making any more official trips abroad and expressed a desire to retire "as soon as possible," two Manila newspapers reported today. The Daily Express and the Times Journal said Mr Deng, who visited the United
      AP  -  81 words
    • 56 1 Reuter KARACHI, Sun. Business in Karachi, Pakistan's commercial centre, came to a virtual standstill today as traders and other opponents of the government's tough budget policy went on a oneday strike. Last month's budget, which introduced higher taxes on wealth services and basic commodities, was designed to overcome
      Reuter  -  56 words
    • 79 1 AP TOKYO, Sun. China's Parliament, which in the past was a rubber-stamp or didn't even meet, inserted protection for religious beliefs and made other changes in bills handled in its latest session, Xinhua news agency said today. Xinhua said Mr Panchen Erdeni of Tibet and Mr Zhao
      AP  -  79 words
  • 116 1 THE following list of stocks gives the II most traded on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1979 (•mpaay T« reaver Prt«« Hlgfc Law W J at in
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  • LOCAL STOCK INDICES
    • 80 1 imit Jai) JaJ 4 Jal i ~BT Index: 2176.47 2159 96 *****1 2187.21 2220.18 'Industrials: 373 67 372 32 374.33 373 91 376 46 «i Finance: 671.17 666.39 671 66 670.78 673.32 ••Hotels ***** 281.29 280.31 280.50 282 65 •Properties: 240 67 240.22 ***** 241.04 243.51 'Minings: 197.10 196.73
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    • 92 1 Jal S Jal J Jal 4 MS Jal »BT Index 3148 52 3159 49 3226 92 3195.05 3250.73 ■Industrials: 400 15 398.89 401.83 401 83 406 39 ).i Finance: 596 76 593.77 598.22 598.10 600 56 ••Hotels: 257 05 257.09 257.21 257.13 257.34 •Properties: 231 16 229 40 231.27
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  • 714 1  -  WORKING STUDENTS TOO By COLIN CHEE IMPETUS is to be given to the drive for a more sophisticated industrial base by upgrading the quality of technical education in the Republic. Teaching standards are to be raised and more technical teachers may by brought in from
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  • 140 1 THE DEVELOPMENT Bank of Singapore (DBS) may be firing the first shot of another round of interest rate increases when it raises its interest rates for loans, and fixed and savings deposits today. After more than two months of relative quiet for loan interest rates, a quarter-point
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  • 438 1 ONE OF Singapore's smaller local banks has broken into the syndicated loan market by funding the purchase of a choice piece of land adjoining the banking centre at Shenton Way. The loan for $7.5 million put together by the Far Eastern Bank and
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  • 291 1 LAURENCE, Prist, Me a( Urtw'i leadlag stackbnldag firms, is expected U cleee dawa Its Kami* Lampar affice wlthia the next few weeks ftlltwlag Its aasacceaafal application far aa extensiea af Its dealiag lieeace. Saarcea elaae ta tke cempaay saM It had stepped
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  • 338 1  -  By TEO TECK WENG SMALL private property developers will be encouraged to participate in the urban redevelopment programme of the Government. The Urban Redevelopment Authority (URA) said in its annual report there may be further subdivision of future URA sites for private development to
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  • 83 1 MALAYSIA is "most likely" to close its airspace for a short spell when Skylab makes its re-entry into earth in the next few days. The Civil Aviation Department (CAD), which has been monitoring the situation for the past 10 days, is expected to an- nounce its decision
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  • Page 1 Advertisements
    • 23 1 A helping hand when you need it most Mayfoong Mortgage And Finance (S) Ltd. Ground floor. Sftao Houm. Smgapora 9 M: *****7 5
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    • 105 1 TheVTR Perfectionist -Sony The VO-2630, one of the newest recruits to Sony's famous collection of U-matic Videocassette recorders, is already being talked about for its reliable mechanism and top performance under the most difficult conditions. In addition to the recording and playback of the PAL-SECAM-NTSC System, the VO-2630 has feather
      105 words
    • 73 1 mm SHIPPING TIMES THE meet powerful men in Japan 2 MARKET review 5............... 9 TIME for Slme to think again, says a BT reader if YOUTH triumphs again in En T»ng Sen Cup H SINGAPORE girls get their goal 11 THREE FRCDs issues in the pipeline 12 MALAYSIANS may nse
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    • 24 1 FOR PEOPLE WHO MATTER How to get w/ TOKYO Singapore flights arrive at 0650 only a 6-hour 45 minute flight r > 14 Jf4*«l JAt
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  • 2028 2  -  Few ministries of finance are as powerful as Japan's, few as bureaucratic or difficult to deal with. There is a self-perpetuating system which moulds minds from graduation and which often baffles foreign bankers. STEPHEN BRONTE of Euromoney traces here the process by which the ethos
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  • 1311 2  -  Love and marriage. Once upon a time in Japan, they had a simple traditional purity about them. That was before the profit motive intruded. Now it is a booming business. YOKO SHIBATA reports. YOKO SHIBATA FT IT is off-season for weddings in Japan right now. Most of
    FT  -  1,311 words
  • Page 2 Advertisements
    • 201 2 IBJ The Bank for All Reasons Corporate Financing. IBJ is Japan's oldest and largest long-term credit bank. With extensive experience in meeting corporate financial requirements through arranging bond issues and ofFering precisely tailored loan packages. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial
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  • 1224 3  -  Airships may be coming back into favour. They can do most things which a helicopter can. They make hardly any noise, can land in the centre of cities and are cheaper to run. All they need is capital. ROBERT MCDONALD reports. ROBERT MCDONALD FT AIRSHIPS, to
    FT  -  1,224 words
  • 857 3  -  By JEAN THORAVAL AFP FOUR YEARS after the fall of the US-backed South Vietnamese government in Ho Chi Minh City formerly known as Saigon there is still an air of lively variety, while life in the northern capital of Hanoi grows increasingly
    AFP  -  857 words
  • 738 3  -  By RAMESH PANDE UPI ASIA'S largest railroad system is rumbling towards extinction while the government is reluctant to give year-end bonuses to the workers who make the trains go. Despite streamlining efforts, Indian railways can be painfully slow. The fastest train cannot speed more than
    UPI  -  738 words
  • Page 3 Advertisements
    • 173 3 '.irv.c 1819. fistxi tvis supf Jh ?<i startifKjs t< Mil tt* il» rck iir k j fashion 11< >ir.«*s J by (.hrr,tion Si \\u f IV.htXJ' h<;r '>Wlt/< .'ft' ]f Ifl N( iw I r.t k] pros"nts its < >wf i r< •< n iy to w»*or f.( >ll»;( tc
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  • RAW MATERIALS
    • 1139 4 COFFEE: Robusta futures closed steady on Friday, but with losses from Thursday of between £23 and £16 per tonne. Turnover was 7,247 lots including 42 options. Dealers said morning trading held in a narrow band just below Thursday night's closing levels. At midday, however, the market turned irregular,
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    • 66 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated LONDON: Fri PrevtMU Malaysian 5%ffa bulk per tonne Sept 691slr 686slr Sumatra 5% (fa bulk July unch 707 .sir August 705slr 700slr September 705slr 700slr October unch 685pd Nigeria 5% ffa bulk stg unq unq ROTTERDAM:
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    • 169 4 TERMINAL rubber in London on Friday was barely maintained in the afternoon in moderate weekend book-squaring activity, closing near the lows of the day but still with on balance gains of 0.05 to 0.65 pence per kilo. But traders said the market probably attracted some underlying support from lower
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    • 168 4 CHINESE Produce Exchange, Singapore, noon closing prices per picul on Saturday: Ciemt ad: Bulk $130 sellers, old drum $135 sellers, new drum $140 sellers. C«yrm: Mixed (loose) UK Cont $82 00 buyers Pepper: Muntofc AST A white fob 10C' NLW $327.50 sellers. Sarawak white fob 96'r NLW $312
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    • 199 4 WHEAT futures in Chicago on Friday pared gains near the close but managed to end mostly higher. Gains ranged from 1/4 to 6'« US cents a bushel, only the September closed lower, off one cent. Traders said prices were boosted throughout the session by heavy commercial and commission-house buying,
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    • 472 4 PEPPER featured la ballIsh trading m reaewed avereeas baying interest la a geaerally quiet and Irregalar Singapore pradace market last week. Uatftl the close, tkere remained gead interest, particularly far Maek pepper wklek appreciated by $B.M to SII.M a pieaJ la the
      472 words
    • 180 4 CHICAGO soybean futures ended the day sharply mixed, off as much as 3 3 US cents a bushel in spot July to up as much as 10'<4 cents in the November contract. Overall support for prices was provided by commission-house and commercial buying. An exporter was a late buyer
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    • 1246 4 AFP CURRENCY factors dominated the London commodity markets last week. Gold moved to new record highs on dollar weakness. Sterling-priced markets, such as non-ferrous metals, fluctuated nervously lower before recovering in front of the weekend Cocoa was a weak feature falling to its lowest
      AFP  -  1,246 words
    • MONEY AND EXCHANGES
      • 277 4 THE US dollar closed weaker against major currencies on the Singapore forex market last week. It opened lower at 2.1700/ 15, compared with 2.1755 65 at the previous week's close, and fluctuated within a narrow range on Monday. The lower opening was a result of reports that Libya
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      • 234 4 Asian rates RATES held steady in quiet trading last week, with most transactions done in the middle of quoted rates. Interests were mainly in Threes and Sixes. Short dates were firm with Tuesday overnight rates rising '4 per cent with the US Inpendence Day holiday on Wednesday. US basic money
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      • 45 4 Source: Astley Pearce THE BEGINNING of last week saw a rather tight money market. However, rates eased off towards the end of the week. The shorter terms firmed Considerably and closed 7V« to 7'/« per cent for the One, Two and Three Months.
        Source: Astley & Pearce  -  45 words
      • 166 4 THE KILOBAR market in Singapore on Saturday opened at 5520.172 and closed quietly at $20,221. Spot gold for London delivery opened at U*****.30/80 and closed firmer at $289.10/50. The market was quiet. Bnnc: fllifim Retail prices per tahil quoted by the Singapore Chinese Gold and Silver Merchants Association are
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      • 48 4 FOR THE week ended Saturday July 7, the range of call rate received from from Short Deposits (M) Bhd was as follows: Bank fud: 2.5 per cent to 7 per cent. Geaeral fud: 3.5 per cent to 6 per cent. Mavemeats of funds totalled $649 million.
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      • 42 4 FRANKFURT exchanges closing quotes on July 6: US 1.8330/40 Stg 4.07/08 Can —1.5752/62 D F1 90.60/70 S Fr 110.87/111.02 Lit 2.223 228 F Fr 42.95/43.05 D Kr 34.70/75 N Kr 36.20/30 B Fr (com) 6.23/24 B Fr (fin) 5.938/939 Yen 0.8440/509
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      • 21 4 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
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      • 318 4 IN CONTRAST to the easy market in the previous week, the overnight market firmed to 7 vb to 7V« per cent and remained steady throughout most of last week except Saturday. Term rates were pushed up between and 3/ per cent, following the continuous high overnight rates. Tightness
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      • 220 4 THE DOLLAR traded quietly on Friday afternoon, then firmed in late trading possibly helped by the Federal Reserve to close above Thursday night's levels. Dealers said the upward movement had taken place in a thin market and did not reflect any switch m sentiment. It closed at 1.8350/70 marks,
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      • 67 4 ZURICH exchanges closing quotes on July 6: US 1 6540 6560 Stg 3.6711 6780 Can 1.4262 4285 D Mk 90 0773 2354 DF1-*****3 0289 F FY *****4 8504 B FY 5 6335 6442 D Kr 31.3703 4172 N Kr 32.7590 8083 S Kr 39 0094 0704 Lit 0 2008
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  • Page 4 Advertisements
    • 32 4 The new number for THE MANDARIN SINGAPORE V. SK i *****11 I- For Room Reservations please dial direct line *****00 In tk tradition of mptror*. zxzrr > JUS 3T«- r- 1 —41— VT-i
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  • OVERSEAS
    • 664 5 AP DESPITE sharply increased export earnings, the Philippines suffered a balance of payments deficit of US$395 million (SsB69 million) in the first half of 1979 with few indications of a quick turnabout, Manila's central bank governor Gregorio Licaros reported on Saturday. Mr Licaros
      AP  -  664 words
    • 386 5 AFP THE UNITED States is pulling out all stops to make up for its late entry into the Chinese market, years behind Japan and Europe. This is the interpretation being given in Washington to Saturday's quick signature in Beijing of a new
      AFP  -  386 words
    • 175 5 Reuter US-Taiwan diplomatic relations, economic ties between the two countries remain firm and will probably gain strength in the future, said Mr K.H.Yu, governor of Taiwan's central bank said. Speaking to the American University Club in Taipei over the weekend, he said there is great
      Reuter  -  175 words
    • 853 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0&J5 KUL MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103 1045 KUL SIA SQ211 1045
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    • 603 5 WEST GERMAN Chancellor Helmut Schmidt has thrown down a challenge to car manufacturers to introduce new fuel-saving cars within the next 18 months. He said in a major speech outlining Bonn's energy policy for the 1960s that the German motor industry could take a world
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    • 457 5 NYT THE US economy showed little evidence of slipping into a recession as unemployment decreased slightly and prices at the wholesale level registered a modest increase last month. The Labour Department said unemployment the most politically sensitive of the economic statistics decreased from 5.8
      NYT  -  457 words
    • 246 5 NYT THE OIL price increases recorded this year will add about US$65 billion (SSI43 billion) to the annual net oil import bill of the industrialised nations, said Mr Jacques de Larosiere, head of the International Monetary Fund. He told the UN Economic and Social Council that the
      NYT  -  246 words
    • 210 5 THIS Firesprite "first strike" fire appliance is so manoeuvrable and easy to use that it can be "manned" by two women. Designed by a British company it has several advantages: Its crew need a minimum of training; its small size makes narrow sides streets and shopping districts
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    • WORLD IN BRIEF
      • 549 5 Agencies THE SWISS National Bank plans no additional controls to counter any rise of the Swiss franc on foreign exchange markets, bank president Fritz Leutwiler was quoted as saying. In an interview with the BasJer Zeitung, he said lifting of the negative interest rate on deposits in
        Agencies  -  549 words
  • Page 5 Advertisements

  • REVIEWS
    • 1446 6  -  Next Monday the Li-Hwei Dance Theatre will present a selection of classical and modern dances at the National Theatre. The star is none other than Gerald Chan, dancer, choreographer, designer, artist. PATRICA GOH catches him in a creative mood. PATRICA GOH IT
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    • 286 6 ALBERT TAN'S RECITAL KST AT THE DBS auditorium last Tuesday light, Albert Tan, Ike y*ug aad gifted Singapore violinist Impressed aa invited audience with his technical wizardry. T* think that Albert started on tbe violin only tea years age, his performance was all the mere remarkable. Two
      KST  -  286 words
    • 583 6 KSK BEFORE Wednesday night my experience of violin playing was basically confined to three people. I once heard the great Yehudi Menuhin in London; I was fortunate enough in my jazz-crazy days to worship at the feet of the superb Stephan Grappelly and as a child I marvelled
      KSK  -  583 words
    • 706 7  -  By FRANCIS CHIN WHEN a year begins, we open our diary, fresh, white and blank and resolve to keep a faithful account of our thoughts, feelings and events. But as the days go by, we find that after all our lives are
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    • 638 7  -  By KEITH ARKWRIGHT FT ANYONE with access to £4 million (SJ9.B million) two years ago could well have done the same as Mr Akkra m Ojjeh. He made an offer, before auction, to the Monaco branch of Sotheby Parke Bemet for an entire collection of
      FT  -  638 words
    • 924 7  -  By HSUNG BEE HWA THOSE who wish to understand the complexities of the South East Asian scene will find "Contemporary Southeast Asia" a useful addition to their library. As the latest publication of the Institute of South East Asian Studies this quarterly journal
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  • Page 6 Advertisements
    • 44 6 n Gro«p T¥« Change of Telephone Numbers at Times House on Friday, 6th July 1979 at about 9.00 pm i From To/ w W tfr Jw *****1 *****11 The Straits Times IBeritsl Harian Business Times Pu mg Production Circulation won 611 73 Bhd mg
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  • Page 6 Miscellaneous
    • 733 6 LEISURE TIHE film shows THE National Museum will be screening three colour films for the public on Wednesday at Bpm. These are Magic-Magister-Medlcine, The Menace in the Dark, and Ski-time in Bavaria. The films are by courtesy of the West German Embassy. On Saturday at 10.45 am, A Contemporary Engraver,
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    • 1354 6 Saved by Tolstoy THE newsroom of the Tribune Old the gruff tone of Loo Grant nuke way tonight for the civilised life and cultured voices of the Russian npper middle class and aristocracy of the 1811s. Loo Grant will be back on the little box after the serial dramatisation of
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  • Page 7 Advertisements
    • 946 7 THE CHASE MANHATTAN BANK. N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza. New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION CONSOLIDATED STATEMENT OF INCOME Assets Cash and Due from Banks Interest-Bearing Deposits Placed with Banks Investment Securities: U S Treasury Securities Federal Agency Securities State and Municipal Securities
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 218 8 JULY 00 Dm Aef-Telefunken 50.10 Akso 25 JO 02 Allz Leben 835 00 -15 Alls Vert r 432.00 4-2 BASF 134 70 2.4 Bay H T Wbank 242.00 Bay Vbank 200 20 Bayer 126 00 05 BBC 279.20 5.5 BMW 190.00 4 Cassella 340 00 -5 Chem Verw 248
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      • 188 8 JULY 08 Francs Actions Sutsses 282 unch Alusulsse Br. 1230 10 Alusulsse Reg 480 S Brown Boverl Br 1840 15 Clba Getty Br 1280 Clba Oeigy PC 1030 unch Clba Gelty Ret 888 -4 Credit Suisse Br 2220 15 Credit Suisse Ret 424 -1 Elektrowatt Br. 2050 20 George
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      • 270 8 JULY 06 Frs CORBEILLE Air-Uqulde 410 -4 B S N Centals Danone 640 4-4 C S F (ThomaonCsf) 3S8 CI* Francalse des Petrotea 302 ♦r» Compagnie Financier* Compafnle -4J General* Ml Credit Foncler De France 486 -IS Hachette (Libra! rle) 233 -3 Machines Bull MX urvch Mlchelln (B) 902
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      • 146 8 JULY 06 Fls ABN T»MI -13 Ahold 96 JO 0.3 Akzo 27.60 -04 AMEV 86 50 0.2 110 50 67 60 -0.3 55 50 Berk 9560 -0.1 Bols 66 00 150 00 -1 Burhm&nn 62.50 -1 Byenkorf 70 50 -0.2 174.00 Z5 108.00 1.5 132.20 *01 23 JO -03
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      • 95 8 JULY 06 rr» FORWARD MARKET Acec «01 -8 Arbed 2M0 unch Aslur 500 -10 Bructn 008 •2 Bru Lamb 1800 unch f>npa/886 -10 480 -8 De Beers 290 1 Ebet 2200 15 Electrobel 8000 80 Gb-Inno-Bm 2006 -30 Or* 1216 -4 UAhftk 2706 15 Petro 5420 38 Ryl Dutch
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      • 99 8 Reuter SHELL Chemicals UK Ltd had a £2.8 million first quarter net loss against a loss of £3.1 million a year ago and a £6.1 million loss in the final quarter of 1978, a company spokesman said. He said volume sales in the first quarter fell 8.5 per
        Reuter  -  99 words
      • 1302 8 NEW YORK Reuter SPECULATION that the weekend meeting between President Carter and his advisers might produce tough energy measures caused some short covering and helped push the market higher on Friday, analysts said. They said better than expected June wholesale prices reported on Friday morning
        Reuter  -  1,302 words
      • 179 8 JULY 06 C% Abttlbl 18s unch Alcan 30 -4 Alfoma 27 s -4 Bank Mont 24s 4- 4 Bank Nova Scotia 23 4 Bell Tel 21 4 unch Beth Corp BP Can Ltd 28^ -4 Rrairan 23-. 4 Camp Red Lake 23V. 4-4 Can Imp Bk 25 s 4
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      • 315 8 JULY 06 Rand INDUSTRIALS A Alpha 153 3 A tor com 223 1 AE And CI 415 5 A Mir 1375 10 Rprlnwc *•70 10 Cg Sugar a*) unch CNA 230 -10 Currle Finance 88 unch De Beers Ind 1650B Edcon 320 Edgars JOm unch Eveready Fed Volk 196
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  • Page 8 Advertisements
    • 694 8 See Page 9 for Tokyo stocks Where to wine, dine and entertain p tf Mar brought to you A coiieqion ot casual »ear brought to you directty from Hong Kong Every Tuesday, 7Jopmatt lon Bar July tin August TheSftang ConsteMaton ton Bar Don t forget you can try as many
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  • MARKET REVIEWS
    • 704 9 f NEW YORK b 4 NYT THE STOCK market marked time most of last week, as the impact of sharply higher oil prices, the fourth of July holiday, the cancellation by President Carter of his energy speech and the subsequent criticism of his handling
      NYT  -  704 words
    • 300 9 TOKYO AFP STOCK market prices went almost nowhere this week as an early rally fizzled out amid growing concern about tighter credit. The 225-stock Dow Jones average squeezed out a 5.78 yen gain to wind up the week at 6,278.90 yen, barely extending its rising streak
      AFP  -  300 words
    • 330 9 TOKYO SHARE prices closed slightly lower in moderate trading after late liquidations pared early gains on Saturday, dealers said. The Dow Jones average fell 1.21 to close at 6,278.90 with volume of 200 million shares. The Tokyo Stock Exchange index closed at 446.55. up 0.86. Ajinomoto unav
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    • 274 9  -  Week eaded Jaly Compiled by Violet Chow OTHERS Magaam Corporation said it has acquired 10 per cent of the paid-up capita] of West Country Sdn Bhd. Singapore Land said that its wholly-owned subsidiary. S.L. Realty is now known as Arcadia Gardens. Hotel Grand Central has
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    • 915 9  -  f SINGAPORE d By CHAN BONG SOO FOR THE better part of last week, sentiment ruled weak at the Stock Exchange of Singapore, as investors and dabblers continued to be held in restraint by the fear of a hefty increase in the local oil price.
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    • 965 9  -  LONDON By GERALD COLVERD THE WEAPON of Central Bank interest rates has been wielded in the post-war decades like flags of distress or celebration. Aged theories of what goes up must come down have been defined with more doctrinaire descriptions into "The
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    • 937 9 K.LUMPUR UNCERTAIN conditions i persisted and prices retreat- ed further to close with moderate loss on the Kuala Lumpur stock market last week. Trading was generally lethargic as investors continued to stay away in the absence of any new development. With much of the
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    • 361 9 SYDNEY Reuter SHARE MARKET activity began the week with energy stocks featured and ended with attention turning to gold and diamond stocks. Overall activity was patchy with trading hampered by a widespread industrial strike which included worsening telecommunications across the country. The All Ordinaries
      Reuter  -  361 words
  • Page 9 Advertisements
    • 122 9 TO COME HOME TO s SSK m j* A secluded corner where you can unwind. Over a long cool drink and soothing music. Take off your shoes, put your feet up if you wish. Just like home. That's the Equatorial. Where people are friendly and caring, the place quiet and
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  • COMPANY NEWS
    • 824 10 THE STRONG performance of all three crops of Dunlop Estates oil palm, rubber and cocoa which led to the company's impressive recovery from a disastrous first half in 1978, carried through into the first quarter of the current year. However, owing to current uncertainties
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    • 489 10 Current Payment Ex Date Books Close Date Payable Total for Total for the year Previous year Kinta Kellas Veo Hiap Seng H K Tin 500%<n) -10% I 160% Jun 20 Jun 18 Jun 20 Jun 30 Jun 23 Jun 30 Jul 9 Jul 9 Jul 10 700% 10%
      489 words
    • 105 10 Company Particulars Ex Date Books Close Mai Flour Bonus Issue of 1 for 2 Jun 27 Jul 9 Oriental Hldgs Bonus Issue of 8 for 5 Jul 4 Jul 16 Spore Glass Bonus Issue of 1 for 5 NYA NYA Yeo Hiap Seng Bonus Issue of 1 for
      105 words
    • 319 10 MALAYSIAN Plantations Berhad (MPB), the Malaysian offspring of UK based Plantations Holdings, made a very quiet debut on the Koala Lornpur Stock Exchange on Friday Only two lots were done at $2.71, a price level well above that generally expected by
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    • 104 10 Worldwide Holdings Bhd: AGM to be held at Room BI, Basement Floor, Bangunan Ingeniur, 60-62, Jalan 52/4, Petaling Jaya, at 11.00 a.m. on July 17. Hotel Grand Central Ltd: AGM to be held at the Conference Room, Hotel Grand Central Building, 22, Cavenagh Road, Singapore, at II.30 am
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    • 518 10  -  Letter to the Editor Donald F.H. Sinclair SIR, Sime Darby has thought fit to smear the motive of dissenting shareholders. Whilst this is a two-way street, our case stands on its merits even if theirs does not, and I will refrain from replying on a similar
      518 words
    • 2715 10 Gr'» Gr'» Net Thii Year Last Div Div Yld P/E Vol Week High Low Company Sale or- C'vr COOOl High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Aetna 220 -16 ISO 22 68 111 12 230 220 190* 123* Alcorn 172 -3 100 13 53 229
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  • Page 10 Advertisements
    • 235 10 TT fJ Fl= THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE 26-30 MAY 1980 A uU Every year, thousands of new rubber and plastic products enter the market Whether for use in industry or the home, every product reflects some new development in engineering or
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  • MONDAY SPORTS
    • 891 11  -  By TEO TECK WENG LIKE IN the previous year, the 1979 Eu Tong Sen Cup tournament, which ended yesterday at the Island course, demonstrated once again one of the more encouraging aspects of open age competition. This year, as in 1978 when
      BT pictures by TAN WEE HIM and WONG KWAI CHOW  -  891 words
    • 106 11 PREMIER HANDICAP P W D L Pte P W D L Pte SICC 9 7 11 15 Seletar 9 5 2 2 12 Seletar 9 5 2 2 12 SICC 9 5 13 11 Jurong 9 5 0 4 10 Warren 9 5 0 4 10 Changi
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    • 705 11  -  By RONALD KOW LIKE the*typical Singapore-Selangor soccer match, yesterday's women Malaysia Cup semi-final at the Jurong Stadium was a close affair. The match, as it progressed, could have gone either way. The first half ended without a single goal from either side
      Source: TAN WEE HIM  -  705 words
    • 303 11 NYT QUESTION: Jimmy Connors failed to appear at the presentation ceremony of the Wimbledon centennial, in 1977, and so the medal that he was to have received eis a former Wimbledon champion was denied him. Has Connors ever received that medal, or
      NYT  -  303 words
    • 923 11  -  By PETER DOBEREINIER THE CAPTAINS and the kings of golf have moved on to the Canadi an Open championship for another week of tumult and shouting. Everyone who has the interests of golf as heart shou Id rejoice that the US Open
      923 words
  • Page 11 Advertisements
    • 249 11 '.< v < *Sr J ,\f K J S30u wouthu I I A Orty V*xji Along r V <n^f •Ja. Qv SsZ <-' We all need help sometime or other. But whenever we get it or not is another matter altogether. The June issue of Singapore Business shows you that:
      249 words

  • 695 12  -  FIRST AT M ONTH-END By COLIN CHEE THREE issues of US dollar floating rate negotiable certificates of deposit (FRCD) totalling more than US$6O million are in the offing. One is scheduled to come out before the end of the month while the
    695 words
  • 98 12 AMERICAN and other Western officials and South-east Asian foreign ministers interviewed in the course of the last week regard the Geneva conference on Indochinese refugees later this month as a milestone, whether it succeeds or fails, in the continuing crisis over the outflow of more refugees than
    98 words
  • 472 12 ASEAN is not sure what it really wants when it pursues economic relationships with other countries, says Dr Mohamed Ariff, a professor of economics at the University of Malaya. Dr Ariff was speaking at a seminar last Friday on recent economic and political issues affecting
    472 words
  • 185 12 UPI SOUTH Korea is seriously studying a plan to bring down its economic growth from the targeted 9 per cent by nearly one per cent in real terms because of the continuing rises in crude oil prices. Definite details of the government plan may be announced
    UPI  -  185 words
  • 464 12 THE BANK af China has tuned la profits which could pat aiaay a capitalist baaks to shame. The premier ferelga trade baak of the nmrninlst state last year re parted aa Increase la let praflt aearly a third ahead at
    464 words
  • 376 12 THE possibility of Malaysia sharing electricity generated by the giant hydropower project at Asahan in North Sumatra was discussed by between Indonesian Mines and Energy Minister and his Malaysian counterpart in Kuala Lumpur last Friday. Professor Subroto disclosed this at a press Conference held before
    376 words
  • 460 12  -  By WANG LOOK KEAH THOUGH less Australian. Indonesian and American tourists came to Singapore in the first four months of this year compared to the corresponding period last year, total visitor arrivals increased by 8.8 per cent due to more tourists of other nationalities. Australian
    460 words
  • 124 12 THE MJ3OO million Pasir Gudang thermal power station in Johore is expected to be commissioned in August 1961 with an initial capacity of 240 MW. General manager of the Malaysian National Electricity Board (NEB), Tan Sri Abu Zarim, said the station, one of five thermal power
    124 words
  • 39 12 AP A NEW law in China that permits foreign companies to re-incorporate themselves in China into joint ventures with Chinese companies took effect yesterday, the official Xinhua news agency said in a report monitored in Tokyo.
    AP  -  39 words
  • 397 12 GROWTH in manufacturing sector output of 16.7 per cent in the first quarter of this year is expected to continue for the rest of the year, the Monetary Authority of Singapore forecasts in its quarterly bulletin. The pick-up in manufacturing in the second half of
    397 words
  • Page 12 Advertisements
    • 244 12 COURAGE \L CONFIDENCE LEAOCRSHIpfITfI QUI C4MNCOII 10 ways the Bile Caraegte Cam bdpi mi u4 wtaet: mm THE DALE CARNEGIE COURSE promotes and develops these qualities in those who are active in business. community, or social work Maior corporations ara now showing increased interest in the man and woman with
      244 words
    • 550 12 NEW From Yotf BOOKS ABOUT ASIA The Asia Pacific region has always been a focus of world attention, but at the same time, there is a great deal of ignorance about the region as a whole, primarily because of the cultural, political, historical and other differences that exist amongst its
      550 words
  • Page 12 Miscellaneous
    • 61 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers around midday. Report for 24 hours prior to 7.31 p.m. on July 8 at the airport. Maximum temperature 31.3 Associated humidity 66 Minimum temperature 25.0 Associated humidity 90 Hours of sunshine 8.15 Rainfall in millimetres Nil Total rainfall
      61 words

  • SHIPPING TIMES
    • PORTSIDES
      • 104 13 Reuter THE port congestion in Bombay is again worrying the Port Trust Authorities after an easy period last month, deputy chairman Mr N.R. Mane said. The number of ships waiting for berths doubled to 14 with a waiting time of 25 to 30 days, while another 37
        Reuter  -  104 words
      • 88 13 AFP JAPAN will have to expel Korean fishing trawlers from its 320 km fishery zone unless South Korea adopts effective measures which will lead to voluntary restraints by Korean fishermen, a Fishery Agency official warned on Friday. Mr Seiji Mori, director general of the agency, hopes
        AFP  -  88 words
      • 91 13 Reuter BROKERS in London said the Varangfjell bulk carrier of 117,995 long dw and built 1973 was sold to an unknown buyer for about US$lB million. The Delos, bulk carrier of 15,220 long dw and built in 1959 was sold to a Greek interest for around $1.6 million, they
        Reuter  -  91 words
    • 607 13  -  UP 19pc OVER LAST APRIL By LAM MUN WAI CARGO THROUGHPUT at the Port of Singapore Authority (PSA) wharves and Jurong Port in April this year increased by 19.3 per cent to 2.33 million freight tonnes compared with April last year, but decreased by 4.5 per
      607 words
    • 152 13 AP North American grain continued to make a showing on the London freight market on Friday but chartering m a whole was subdued. Great Lakes grain made a single appearance. Unspecified charterers took an 8,5M-tan consignment of heavy grain, sorghnm and soya beans bound for the July
      AP  -  152 words
    • 288 13 THE Deutsche Offshore Gesellschaft's (DOG) transport pontoon "P 10" recently undertook a herculean transport assignment. With a capacity of 25,000 tonnes and a deck measuring over 450 x 250 ft., the "P 10" is among the world's largest and most capacious transport pontoons. The task was
      288 words
    • 1824 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      1,824 words
    • 523 17 Shipping Um P»ge C«i ACS n 5 Afea IV 3 Alpac IV 5 Angonave V 4 Angkutan V 2 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben m 3 Ben
      523 words
    • 1265 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      1,265 words
    • 1267 18 NYT EARLY last month, the tanker Mobil Aero sailed from Beaumont, Tex., with a load of petroleum for storage tanks in three cities in Florida. But she was not able to unload all the cargo because the storage tanks were full, so she returned to
      NYT  -  1,267 words
    • 816 18 WHAT was the greatest sea disaster in history? The Titanic? Lusitania? Andrea Doria? None of these, but a German cruise liner named Wilhelm Gustloff. The death toll of more than 7,000 when the ship was torpedoed by the Soviet submarine S 13 near the
      816 words
    • Article, Illustration
      371 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Car Liner No. 2 (RO/RO) (0700 after Union Boston) 38/39 Dong Nam (2200 after Car Liner No. 2) 38/39 Nedlloyd Sinoutskerk (after Nedlloyd Simonskerek) 3/4 Perak (1500) 20 East Pulau Dewata (1000 after Kawana) 46 Thai Rainbow (end Call) (1400 after Sinkiang)
      371 words
  • Page 13 Advertisements
    • 481 13 Scan Dutch V Fast and Regular Service To /From N.C./SCAN/W.MED./U.K. Singapore Tel *****1. Port Kelang Tel *****1. Kuala.Lumpur Tel *****. Penartg Tel ***** lARDINF AMAH f Orient Overseas Co*dcu*ieA Line m m FULLY COMTAMERIS£D SERVICE FROM EUROPE (VIA SUEZ) Osaka TMro 19 7 22 7 24 7 m 28 3
      481 words
    • 346 13 till f&i SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG); h l| All vessels ***** DWT, 105 TON H.L. Dernck 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICEi II 1 Vessel S pore] Loading for 10 7 Dubai (24 7). Kuwait (26/7). SJiuaiba <30 7). Doha (3'B). Damman
      346 words
    • 330 13 NOL l NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FUIIY CONTAINERISED SERVICE CONTMtR- 11 My MERCATOft 16 My OMI 21 to, SS BfiCGE 31 My C COHTMK 3 Auf N COMI 12 *ut C "lux 17 A* lACEM 22 Ai m CONTAMER Spore C AKo acceptin| caf|c to tux
      330 words
    • 735 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Kelang Tel *****1 Kuala Lumpur Tel *****. Penang Tel ***** MAERSK LINE _h'_U S Pacrtic Pacrtit Worth West Gurt I Atlantic East Canada and Meier Alio accepting to< Hongkong. Taiwan lapan and Korea i fuut
      735 words

  • Page 14 Advertisements
    • 721 14 Hapag-L 52 FULLY CONTAMERISED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE S pore PKHanf fen BBuo Genoa H'burf Bremen Rdam Antwerp Moselstem 18 7 20 7 19 8 11 8 26 8 20 8 22/8 24 8 Refemtem 21/7 23/7 8 8 2/8 19/8 17/8 14/8 12/8 FULLY CONTAINERISED TO GENOA/TRESTE
      721 words
    • 374 14 Tvrnr fUrt*< m. Les Antetes Sin FraiCBCO In San Francisco SOA-CONTWO SOVKE (KAVY-LIT CAPACITY 200 TO*) To: DUBAI DAJ4MAM, KUWAIT. ABU DHABI. BAMAM. BAM)MI SHAHPOI* TELENDOS Voy 1A Singapore July 27/28 TIOS Voy. 3A Singapore Aug 26/27 TARONGA Voy. 17A Singapore S«pt 26/27 AGENTS BARBER WILHEMSEN AGENCIES PRIVATE LIMITED Tel
      374 words
    • 748 14 (7) EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTKG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP LE HAVRE AISO ACCEPTING CARGO FOR UNITED KKG DOM SOUTHAMPTON LONOON MANCHESTER BIRMWGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY brEmerhavEn HOLLAND AMSTERDAM S'H>* Hai*w| Fttatlawt Rtttwtan Antwtrp It Nawt E.f Hop* 7 U
      748 words
    • 976 14 Everett Lines! 1 •m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADMG FOR RANGOON Sqafni PAGAN 9/11 My B F.S S C Aa«n»s m Malaysia TEPS MALAYSIA Poet Ketong TeU3B>-7355 Penong Tel *****/***** Compsnia Argantina Da Navigation Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN. CAPETOWN.
      976 words
    • 570 14 Xio.S.E. 1 OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD. SINGAPORE 2 TEL *****44 7& *****70 mi SANKYO LINE AUSTRALIA SERVICE F Kelang Singapore Loadmg for: DIAMOND STAR 12/14 My 11/12 My FREM AOEL MEL. SYD YUE MAN 27/29 My 30/31 My
      570 words

  • Page 15 Advertisements
    • 754 15 Overseas B M B I Containers Limited Weekly service to/from UK/Europe To UK/Continent From UK/Continent SjdeO 11 M Sj*M 17 M H Durg Brem R dam Le Name S ton P Kelang S>»< Ntit Parts: HMU| Eiprni SaM SaM SaM S<M SjM 11 M 13 kd HK KS Honjtonj Eigrni
      754 words
    • 1051 15 GRANARD LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN M V MAN FUNG V 2IW MM M V MAN KM 29W 17 Aug My KNONG FUNG *30*.. 31 Aug P K clang Penang Loaitng tor: MM P Sax) Aleiandna Beirut Latta4>a Pneaus P Said Aieundria Bewut lattakia Pireaus
      1,051 words
    • 800 15 \3K+ BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EUROPE Spore P Ketang Osaka Bay 9/7 Liverpool Bay 11/7 13/7 Benatder 11/7 20/7 Hamburg Eipress 26/7 27/7 Benairon 4/8 5 8 Tokyo Bay 12/1 13/S Cardigan Bay 21/8 22/8 Tokio Eipress 28/8 29/8 Rtiine Maru 3/9 Hasuga Maru 5/9
      800 words
    • 786 15 Scan Dutch 9 |7i i *Vi W Ivi iVi!«]'): i »ii frisu »7i»i >1: i francesca a/7 mamma it i mi noom i >/> 11a framkca Si warm I a/i 11a u/» u/9 a/9 Accepwg tar 1 1) b(*M. Cm 2) Aunterdam Unit I* Npwt. **>*• San»a«ptan luarpum UK Canvy
      786 words
    • 693 15 BOUSTEAD AGENCIES THE BANK LINE LTD. FAKROMEN I Reunion Durban Clown PE E Ldn I S pore 25 29 Aug P Kelang 30 Aug 1 Sep FROM EAST t SOUTH AFRICA FOR BANGKOK MANIIA A VESSEL Penang P Kelang S pore Aug U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston,
      693 words

  • Page 16 Advertisements
    • 953 16 EUROPE EXPRESS SERVICE TO EUROPE P Kelang L Havre R dam .HK CONTAINER 16W MERCATOR 12 V* 0 CHIEF 15* S S BRtOGf 22* C CONT AMI R 2W Bremen Awerp 2 Aug 5 Aug 9 Aug II Aug 14 Aug 16 Aug 77 Aug 25 Aug 26 Aug 28
      953 words
    • 754 16 (S3 U.S.A./EAST CANADA SERVICE Penar* Betawan P Wang Smfwcxe E C./GREAT LAKES SERVICE LOADMG FOR NEW TOM. NORFOLK. MONTREAL TORONTO Penang DfUnn P Singapore VISHUA TEJ" (Cjfc Clacage) 30/31 Mr 20/29 My 25/27 'VBHVA DHAMM" Jl/Jl Aug 20/29 Aug 25/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE laadaig tar ICS ANGELES. SAN
      754 words
    • 507 16 uarke TELEX H o/\(>roii|) SINGAPORE SHIPPING AGENCIES PTE. LTD 20tm floor ocean building Singapore i TING *****2 (3 LINES) GENERAL *****1 114 LINES) RS ***** RS 2SS6B A B CARSMIP CABL E CARGOSMIP iti SINGAPORE ISLANDS LINE MIDDI t VAST RtJ.IIAR USER A SAFE WAV TO SHIP BV SSA My
      507 words
    • 1010 16 .MAI YSIAN I*T[*NATIOHAL SHIPPING CORPORATION CRM AO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MEO/UK/CONTINENT/SCANDINAVIA I) Barcelona Genu 21 Amsterdam Antwerp I Havre Bilbao Basle UK 3) Bremen Bremenhaven Aarhus Copenhagen Helsinki 4) Maimo Stockholm Oslo •Accepting (Krone cargo lor feeder via S pore EAST BOUND: 2) H burg 3) B ven
      1,010 words
    • 711 16 ~f] INTRASEA (PTE) LTD. Faber House. 234E Orchard RoacJ Singapore 9 Telephone *****11 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P. Kelang Periang loadng for RATNAMANORAMA N842 10 M 13 Jul Avon(UK)/Boulogne EVMAR N845 22 Jul 24 Jul Boulogne Rdm Avon(UK) Agents Smgapore HTRASEA (PTE) LTD *****11 BOOKING
      711 words

  • Page 17 Advertisements
    • 350 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG I I GENERAL AGENTS: SUB-AGENTS: L.N. SHIPPING PTE LTD H.S.H. (M) SON BHD Tel: *****11 (Singapore) Tel: *****3/*****7 (KL) TLX R*****7 *****6 (PT. KELANG) *****2 (PENANG) JBhi FULL CONTUOKHT SERVICE TO MB FROM BARCELONA Mm KccDtne c*p CaMa. MA. kbtefa and Clata bcdN DBOMKMG
      350 words
    • 369 17 P.I. PERUSAHAAN PELAYARAN ANGKUTAN PERTAMBANGAN TW ONLY SMGAPOK WOKSU CONTAfO FEEDER SERVICE AUTHORISED BY MDOKSIA eOVOMOT WITH FULL CONTAtO VESSELS EACH CARRYMG 112 TEU VESSEL TAMBANG M TAKARI I ALSO ACCEPTWG CARGO FOR INDONESIA GOVERNMENT PROJECT AND HEAVY MACHINERIES TAKARI I* TAKARI TAMBANG GENERAL AGENTS EASTERN NAY PRIVATE LUTED sute
      369 words
    • 389 17 CEYLON SHIPPING CORPORATION National Line of S*i Lank a LOAWNG FOR COLOMBO LANM KALYAN LAW* SAGARKA NEPTUNE sari SINGAPORE 12/7-15/7 11-20/7 21/7-31/7 RT KLANG PfNANG AGENTS STORE NEPTUf AGENCES (PTE) LTD *****11 PI KLANG HARPER MM SON BK) *4157 PfNANG HARPER NKA SON BW ***** WORLD LINE EOTCS HCULM S£MW
      389 words
    • 373 17 •Tont fcang Nine T«g Tint Cheng •Mn 'lim| kang CHINA OCEAN SHIPPING COMPANY UKC SERVICE P KELANG PENANG LOADWG fOR 25/27 Ui Rotterdam Hamburg 27/29 My London Antwerp Rotterdam Hamburg 27/29 My London Rotterdam Hamburg 25/26 Aug Rotterdam Hamburg 'bang tang 25/26 Sept Rotterdam Hamburg MEDITERRANEAN SEA SERVICE Yin Chuan
      373 words
    • 281 17 CELTIC BULK CARRIERS ig I t.l Regular Bulk Service For Timber Plywood FLORA N (WT 2) 11/7 13/7 Nantes Holland ■6H COM* (DOT 3) M/ 7 JO/7 Nantes Hoi Tri Ant canc (wt 4) is/1 17/1 hoi u *nt caiic (»0T 5) 30/1 2/9 Hoi Tit. Ant General Agents Marathon
      281 words