The Business Times, 18 October 1979
1979-10-18
1
18
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The Business Times
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Title Section10 1979-10-18 1 BUSINESS TIMES M.C.(P) No. IM/1/7S THURSDAY, OCTOBER 18,1171 50 CENTS10 words
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BRIEFLY...
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Article90 1979-10-18 1 AP WASHINGTON, Wed. Americans' personal income rose a modest 0.6 per cent in September, not enough to compensate for the rapid inflation of recent months, the government said Wednesday. The increase in income, which includes wages, rental income, dividends and social welfare payments, was the same as theAP - 90 words
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Article56 1979-10-18 1 Reuter TOKYO, Wed. Japan's five leading steel companies today offered to extend the retirement age from 55 or 56 years at present to 60. Nippon Steel Corporation, Nippon Kokan KK, Kawasaki Steel, Sumitomo Metal Industries, and Kobe Steel Ltd, which have 208,000 employees altogether, said the extension wouldReuter - 56 words
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Article73 1979-10-18 1 UFI TOKYO, Wed. Prime Minister Masayoshi Ohira, who lost a political gamble in the recent national elections, today faced renewed pressure from party peers to take the blame and step down from office. In a meeting with former Prime Minister Fukuda, who leads a major faction inUFI - 73 words
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Article91 1979-10-18 1 AFP. TEHERAN, Wed. Iran is ready to use the oil weapon to settle a dispute with the United States over undelivered US arms ordered and paid for by the Shah, Defence Minister Ibrahim Yazdi has warned. In an interview with the English language weekly Iran Week, MrAFP. - 91 words
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Article50 1979-10-18 1 Reuter LONDON, Wed. China's Chairman Hua Guofeng said in a television interview today that Hongkong could play a big role in his country's modernisation drive. In the interview, which will be screened on BBC TV tonight, he also spoke of Beijing's "good relations" with Britain and Hongkong authorities.Reuter - 50 words
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Article107 1979-10-18 1 UPI NEW YORK, Wed. The stock market staged a rally early Wednesday, with prices moving broadly higher in the wake of last week's collapse. Trading was moderate. The Dow Jones industrial average, a 68.09point loser the previous seven sessions, was ahead 3.58 points to 833.10. It lost 1.54UPI - 107 words
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Article138 1979-10-18 1 Rises Sthn Malayan 1710 140 M U 1 430 50 Kramat 535 15 Tronoh Mines 990 10 Keck Seng 292 7 PMC 380 6 Shangri-La 730 5 Nal Iron 585 5 Dunlop Est 424 4 Duff Dev 324 4 Times Pub 306 4 Spore Bus 286 4138 words
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Article, Illustration165 1979-10-18 1 Rises Utd. Mai 560 10 Tronoh 1000 10 Petaling 1100 10 Petaling 1100 10 Benta 440 06 Kramat 530 05 Consplant Wrts 540 05 C.C.M 585 05 Falls S. Kinta 880 -20 Sg. Besi 1020 -20 A. Hitam (t) 1470 -20 Rahman Hyd 525 -15 P. Bank 294165 words
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Article686 1979-10-18 1 JOHN LIM - HIGHER POSTED PRICES By JOHN LIM RECENT developments in oil pricing by OPEC countries once again threaten local fuel users with another round of price increases. Prices for all fuels, particularly petrol and diesel, look certain to rise again though it may be some686 words
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Article256 1979-10-18 1 GOLD bullion prices slumped yesterday as the US Treasury, in a shock announcement, said it would suspend regular gold sales and instead sell the metal at variable intervals. This would take away the element of predictability that gold speculators can rely on. In future, the256 words
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Article402 1979-10-18 1 SINGAPORE is optimistic that an amicable solution to the outstanding problems of Asean's participation in the low-fare scheme between Australia and Europe will be reached at the coming talks with Australia on Monday now that Australia has given assurances that it is ready to make402 words
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Article353 1979-10-18 1 THE SINGAPORE convention Bureau (SCB) is intensifying its efforts in Europe to promote Singapore as a convention centre after its introductory promotion held in May last year. The next promotion to be held between Oct 30 and Nov 6 will cover four major European cities Geneva, Brussels,353 words
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266 1979-10-18 1 A GIANT Japuete electrical and electronics company has Indicated Interest in helping to net ■p I computer training institute in Stegapore. It It understood that the company, Nippon Electric Company (NEC), first approached the Economic Development Board (EDB) on the matter In the266 words
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451 1979-10-18 1 RONNIE LIM - By RONNIE LIM MATERIAL and equipment obtained locally will account for only about 30 per cent of the requirements for building the $2 billion petrochemical complex in Singapore, a director of Sumitomo Chemical said this week. Building work Is expected to start by the end451 words
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Page 1 Advertisements
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Advertisement92 1979-10-18 1 SEE PAGES THOMAS ROBE R T ALWAYS jt ON£ STfP the trained specialist.., A THOMAS ROBERT BROKER >\> i.-l. .<jk• ri♦ -ri« M I! i' M |H-, ll' t!j|. t J |f >"ij;l- < rj-.i '.fir t, i i. ,f j,, I'lts is .'i r a I 'in mi il92 words
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Advertisement73 1979-10-18 1 Leader ...page I SHIPPING TIMES LIKE to engrave yew name en glass? 2 NEW pewer rate may deem marginal KL mines J THORN Electrical Mds fer EMI 5 EUROPE'S winter sf diseeatent 7 HOCK Leek Slew leeks at Faker Merlin 11 HUME (FE) expects aaetker gee 4 year 11 CUSTOMS73 words
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Advertisement161 1979-10-18 1 Trust Sony for your video needs S Introducing RICOH Auto Printer26oo. Thefully automatic printer with copier convenience. (2 copies per sec.) Now you can handle any offset printing or duplicating easily and economically-right in your office-with the complete Ricoh copy system. The electronic S-3 printer and the FE-2 autoprocessor produces161 words
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TRADE AND INDUSTRY
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Article384 1979-10-18 2 COURSES AND TALKS Oct 19: US Current Accounting Developments, Hilton Hotel, Arthur Young Company Oct 22-24: Credit Lending, Hilton Hotel, SGV-Goh Tan Oct 22-Nov 26: Banking Law and Negotiable Instruments, New Lecture Theatre 3, University of Singapore Oct 22: Electronics (Basic, Intermediate and Advanced) and Special Courses on384 words
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465 1979-10-18 2 TEO TECK WENG - By TEO TECK WENG THE Vocational and Industrial Training Board (VTTB) is seeking to provide better full-time training in major trade and commercial subjects. This is in keeping with the national policy of upgrading technology, VTTB's divisional director of administration, Mr Young Pak465 words
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Article254 1979-10-18 2 SOME 350 manufacturers and agents of automotive accessories and parts from more than 10 countries are taking part in the second Asian Automotive and Accessories Exhibition which opens at the Hyatt Hotel today. The chairman of the Singapore Cycle and Motor Traders Association, Mr Ong Sing Pang,254 words
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Article, Illustration76 1979-10-18 2 THE Chartered Bank has appointed Mr lan R Callander manager of its Pasir Panjang branch. Born in Scotland, Mr Callander joined The Chartered Bank in 1967. His assignments since then include various executive posts in Hongkong, Brunei, Calcutta, Bahrain and most recently Jakarta, where he was manager76 words
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137 1979-10-18 2 A TRADE mission from the Wolverhampton Chamber of Commerce and Industry of the United Kingdom will visit Singapore from Oct 22 to 27. The mission, the fourth to be organised by the chamber in six years, will promote products ranging from low-voltage distribution transformers137 words
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105 1979-10-18 2 THE Singapore Institute of Standards and Industrial Research (Sisir) has published new editions of three industrial codes. The first is the 1979 code of practice for the installation, operation and maintenance of electric lifts. The revised code introduces more stringent safety requirements and ensures more105 words
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Article556 1979-10-18 2 TWELVE internationallyknown celebrities from the world of photography Patrick Lichfield, Wolfgang Hensel, Hans Hoffer, Tom Blau, John Hedgecoe, Bill Garret, Eugene Ostroff, Heather Angel, Brian Duffy, Joan Wakelin and Sir George and Lady Doreen Pollock will be speaking at the World Phoographic Congress and Exhibition at the556 words
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Article, Illustration149 1979-10-18 2 Gravograph has introduced an engraving machine that engraves on glass. Called the Gravograph TC, it can be used by an unskilled operator. A special diamond cutter of the machine allows it to cut on glass of all shapes cylindrical, convex or concave. The same selection149 words
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Article, Illustration41 1979-10-18 2 THE pneumatically ud electrically controlled valves shown abeve are among a range of plastic fittings and valves available from George Fischer of Switzerland. The fittings and valves are used in the chemical, food, photographic, electroplating and textile industries.41 words
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Article453 1979-10-18 2 NUMEROUS companies are still recording good sales at the Machine Asia '79 exhibition now entering its fourth day at the World Trade Centre. Some of the exhibitors have also secured local partners to market their products in the region. While individual company sales estimates453 words
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Page 2 Advertisements
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Advertisement253 1979-10-18 2 THE NEW ENERGY SAVING REFRIGERATOR > a§3 I':.* i, «i. isrffT; Amana 2m 4fc. engineered to save Money on your electric bills. There was a time when all refrigerators were made the same way. Not any more! The new Amana 2 2V2 refrigerators are specially constructed with 2V2" foam insulation253 words
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REGIONAL
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196 1979-10-18 3 Reuter PRIVATE capital investment by people of one Asean country in another is being hampered by their different foreign currency control regulations, Philippine Highways Minister Vicente Paterno said. Speaking to the Foreign Correspondents Association of the Philippines, Mr Paterno, a member of the Philippines InnerReuter - 196 words
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126 1979-10-18 3 AUSTRALIA'S potential to boost its role as a major exporter of iron ore, coal and manganese were described to 280 of the Western world's leading steel executives. Representatives of Australia's largest firm, Broken Hill Pty Ltd (BHP), outlined the scope, and growth prospects, of the126 words
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Article, Illustration685 1979-10-18 3 Reuter, AP VIETNAMESE charge d'affaires Doan Van Loi in Jakarta yesteday accused China of preparing for another war but declared "we are not schoolboys to receive a second lesson." Speaking to reporters at the Vietnamese Embassy in Jakarta, Mr Doan Van Loi said ChinaReuter,; AP; UPI - 685 words
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Article278 1979-10-18 3 Reuter JAPANESE Prime Minister Masayoshi Ohira said yesterday the need for interdependency between Japan and New Zealand aiming at mutual prosperity becomes increasingly important at a time of many uncertainties over the world economy. He wrote to a special supplement on the sixth JapanNew Zealand businessmen's conference inReuter - 278 words
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THE REGION IN BRIEF
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Article448 1979-10-18 3 Agencies THE Indonesian government has approved capital investment application by three Hongkong firms in joint ventures with Indonesian partners involving a planned total combined investment of U5547.85, the Capital Investment Coordination Board (BKPM) announced here Tuesday. The largest planned capital investment will be made by the Hongkong firmAgencies - 448 words
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258 1979-10-18 3 UPI THE Philippines announced Wednesday it would tap other fuel sources to cover the reported cancellation of oil supplies from Iran in protest over alleged oppression of Filipino Muslims. Philippine Energy Minister Geronimo Velasco said the government has not been officially informed ofUPI - 258 words
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251 1979-10-18 3 AFP THE Soviet Union has established a chain of missile bases in Vietnam, built by a team of 4,000 Cuban military engineers, between 80 and 100 km south of the Chinese border, the French newspaper Le Matin reported in yesterday's issue. TheAFP - 251 words
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746 1979-10-18 3 THE cost of production of tin in Malaysia is likely to increase by at least 6 per cent as a result of the recent imposition of higher electricity tariff by the National Electricity Board and the reclassification of the rates for746 words
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428 1979-10-18 3 MALAYSIAN manufacturers have been urged to consolidate their efforts to improve the quality control specifications of their products in order to gain a stronger foothold in the world market. Making the call, the president of the Institute of Quality Control Malaysia, Mr Ching Tow Fah428 words
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220 1979-10-18 3 THE Consumers Association of Sarawak (CAS) has called on the state government to investigate the recruitment of young women in Sarawak to work in Singapore. Its secretary, Mr Daniel Kon, suggested that the Labour Department should check to ensure that those claiming220 words
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267 1979-10-18 3 AFP STALLED textile trade negotiations between the US and Hongkong will resume in Geneva on Oct 29. Two earlier rounds of discussions had failed to resolve issues created by American demands for further curbs on Hongkong's textile exports to the US nextAFP - 267 words
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Page 3 Advertisements
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Advertisement123 1979-10-18 3 SHARPFAX SF-501 »E' an electrostatic dry copier that ensures no messy liquid, odour-free paper copying and definitely NO warm-up time! producing clearer sharper copy after copy after copy. Absolutely no waiting on your part! Just on power switch and start copying right away. So ideal for stationers, fashion houses, schools123 words
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RAW MATERIALS
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635 1979-10-18 4 THE major natural rubber(Nß) producing countries must make drastic changes in their production policies if the commodity is to acquire its maximum share of the elastomer market. While technology and economics dictate that NR could meet as much as 42 per cent635 words
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Article, Illustration471 1979-10-18 4 FT THE WORLD rubber market's main problem at the moment seems to be uncertainty. With no one sure which way prices should be going next, it is proving difficul to attract business. Meanwhile, the January/March position closed at 65.55 pence per kilo last Tuesday, showing a netFT - 471 words
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Article293 1979-10-18 4 THE SINGAPORE market closed slightly lower yesterday with November One RSS buyers quoted at 282.50 cents per kilo, down two cents from Tuesday's close, dealers said. Morning prices were about unchanged initially but thereafter turned easier on stale bull liquidation and some selling interest. Afternoon prices gained some ground293 words
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Article30 1979-10-18 4 Rubber: Oct 17 Singapore: November: 282.50 cents (down 2 cento) Malaysia: November 283.00 cents (down 2.25 cents) Tin: Mf1,995 (down $31) Official offering: 189 tonnes (up 12 tonnes)30 words
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Article326 1979-10-18 4 R.A.S. prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt l.o.b. 278.00 279.00N Int. 1 R.S.S. November 283.50 284.00 Int. 1 R.S.S December 288.50 289 00 Int. 2 R.S.S. 277.00 278.00N UK Cont 276.00 277.00N Int. 3 R.S.S. 274.00 275.00 UK/Cont 273326 words
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Article115 1979-10-18 4 NOON SSR end SMR p hew yesterday RA8 Novell > bar Deceal bsr 1 Carreal Mth) (Forward Mth) Buyers Seller* Bayers Sellers SSR 20 (1-toa pellet 1 ***** 265-SON 265 00 287 00N SSR SO (1 loo pallet) 260 SO 262.50N ***** 264 00N MKBLB SMR CV115 words
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Article127 1979-10-18 4 NEWS «f the approval to release stockpiled ttm by Ike US Geaeral Service Aadmlnistratton (GSA) triggered a sharp fall In the Peaaag ttn market. The price fell M$Jl per picul to US$l,ll5 yesterday, still US$45 absve the lateraatleaal Tin Agreement celliag. Bayers toned cautious following news of the127 words
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Article145 1979-10-18 4 THE SUGAR futures market yesterday remained quiet and featureless with no trades done, dealers said. January closed at 13.14/22 US cents against Tuesday's 12.92/13.00 close, March at 13.60/64 against 13.28/34 with distant October at 14.26/30 against 14.14/18 cents. Sugar future* closing prices: Oartag JM 13.14/22 12.92 13.00 March145 words
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Article347 1979-10-18 4 DULL and featureless trading conditions persisted at the Singapore produce market yesterday. Dealers generally reported a dearth of overseas buying interest. For the past several sessions, dealing in pepper was confined to squaring up of accounts between local dealers and exporters. Until the close yesterday, there was still347 words
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Article340 1979-10-18 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.01, 100 per cent second class 0 83, 100 per cent third class 0 80, 25 per cent new crop no stock, B-10 per cent 0 70 THAI BROKEN: A-super340 words
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Article605 1979-10-18 4 ALUMINIUM: Up £2 for cash and £3.5 per tonne higher for three-months yesterday morning. Prices dipped on early premarket on long liquidation prompted by easier copper. Values later rallied and maintained throughout the ring. Rally was attributed to a tightening of supply situation overall, and not just nearby605 words
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Article68 1979-10-18 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Tue Previous Malaysian 5\ ffa bulk per tonne December 600.00slr filO.OCisIr Sumatra 5', ffa bulk October unch 620.01 tslr November fiOOOOpd 610.00pd December 600/595pd 625.00slr -lan/Feb 6l0/607.50pd fil.VOOpd •Ian/March G09.00pd Nigeria 5', ffa bulk stg68 words
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Article192 1979-10-18 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattaa jrara: China Blue Phoenix 20b 2.320 32s 2,085. 40b 3,036 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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ASIAN STOCK
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Article634 1979-10-18 4 TOKYO Source: DBS-Daiwa MARKET sentiment still continued to favour resources-related issues yesterday. Although these issues fell due to profit-tak-ing, toward the close, oil and trading-house issues were heavily bought, pushing up the Nikkei Dow-Jones average by 24.46 points. The current concern over inflationary pressues wasSource: DBS-Daiwa - 634 words
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Article309 1979-10-18 4 Source: Sen Hang Kai See ALTHOUGH heavy buying was seen in issues such as HK Land and Hopewell yesterday, the market was unable to improve as interest rate jitters and rumours of an impending issue from HK Electric prevailed in the market. There was nothing in the news toSource: Sen Hang Kai See - 309 words
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Article228 1979-10-18 4 OCT 17 Asia Credit Asia Fibre Ayuthaya In» And Trust Bahts 206 •4 Trust Mah Boonkrong Dry And 8 Metal Bo* New City Raja Finance 320 18.75 -8 -0.25 157 -3 Bangkok Investment Bangkok Bank Banfkok Drying Ana Silo 222 340 -< unch Rama Tower Safety InsurAnce Saha Patana228 words
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Article255 1979-10-18 4 Banks were mostly easier. STOCKS closed lower yesterday, the All Ordinaries index easing 1.05 points to 653.79. Situation stock Ansett closed nine cents higher at $2.25. OCT 17 Cenu ♦A INDUSTRIALS Ant im A. N. I. 175 •10 A. P. M. 141 -4 Ampol Pet. 100 -1 RHP 910Banks were mostly easier. - 255 words
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Article144 1979-10-18 4 THE market closed lower yesterday with oils posting slight gains while commercials, industrials and minings are declined, dealers said. Turnover rose sharply to 8.28 million pesos from Tuesday's 5.68 million. Seafront rose while Acoje Mining, Benguet Con B, Lepanto B, Philex B, and Pirts Phill Holdings all eased. OCT144 words
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Article62 1979-10-18 4 financial times INDUSTRIALS Tuesday 472.5 Monday 468.0 Week Ago— 482.9 DOW JONES AVERAGE INDUSTRIALS Tuesday 829.52 Monday 831.06 Week ago 857.58 LONDON DOLLAR PREMIUM Tuesday 31' to 32 1 Monday 32 to 32 H.K.HANG SENG Wednesday 650.96 Tuesday 655.02 Week ago 645.27 SYDNEY INDUSTRIALS Wednesday 524.26 Tuesday 525.3662 words
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Page 4 Advertisements
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Advertisement40 1979-10-18 4 Looking for EXECUTIVES PROFESSIONALS.. CD a Reach them at their homes through the appointments page in Sunday Nation reaches 60% of the English literate executives and professionals in Singapore. For more details please call Francis Ng at 284-8844 Ext. 335.40 words
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OVERSEAS
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280 1979-10-18 5 Reuter DECISIONS by Iran and the Libyan Jamahiryah to raise their oil prices above the ceiling agreed by the Organisation of Petroleum Exporting Countries (Opec) do ■ot amount to a change in Opec policy, a spokesman for Opec said. Spokesman Adel Mahdi saidReuter - 280 words
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Article152 1979-10-18 5 US Treasury Secretary William Miller may go next month to Saudi Arabia and several other Mid East countries. The trip would come shortly before the planned December meeting of the Organisation of Petroleum Exporting Countries (Opec), which will discuss the question of oil prices for152 words
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577 1979-10-18 5 Reuter. BRITAIN'S giant EMI group, which ran into financial difficulties despite making a fortune from the pop music of the Beatles and then winning scientific honours for its revolutionary body scanners, is at the centre of a new take-over battle. Thorn ElectricalReuter. - 577 words
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Article, Illustration47 1979-10-18 5 The Nobel Prize for Economics is shared this year by Sir Arthur Lewis (left) of Princeton University and Professor Theodore W Schnltz of the University of Chicago, both of the US. The award was for their research on economic development. UPI photo. UPI photo.UPI photo. - 47 words
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588 1979-10-18 5 CHARTER Consolidated announced proposals on Tuesday to enlarge the UK and European holdings of Charter and to achieve a better balance between its mining and industrial investments while strengthening cash resources available for its development. Charter said the aim is also to enlarge the asset588 words
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WORLD IN BRIEF
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Article488 1979-10-18 5 Agencies. THE US Senate has approved a bill authorising disposal of 35,000 long tons of government stockpiled tin, 15 million troy ounces of silver and 1.5 million carats of industrial diamonds. BRITISH aaioa leaders repreantiag the workforce at British Levland will recommend a broad acceptance of theAgencies. - 488 words
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278 1979-10-18 5 MICHELE Sindona, the Italian financier who disappeared just before he was due to stand trial on Federal bank fraud charges, surfaced in Manhattan and was taken to a hospital, US government authorities said. A government spokesman said two Federal marshals were being sent to doctors hospital278 words
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Article105 1979-10-18 5 Iraqi Minister of Industry and Minerals Taher Tawfic says his country is ready to send a military force to Bahrain to defend its "Arabism" and independence against any foreign threats, the Qatari News Agency reported. Despite repeated assurances from Iran's Premier Mahdl Bazargan, Foreign Minister105 words
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306 1979-10-18 5 FEDERAL Reserve Chairman Paul Volcker held out hope that interest rates may declifie fairly soon, perhaps early next year, if the Fed's anti-inflation programme works. Volcker emphasised that the Fed will not retreat from its commitment 'to curb growth of money and306 words
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Article726 1979-10-18 5 ARRIVALS Service Local Operator Number Tia< Fron SLA SQ63 1155 MNL RBA BI423 1200 BWN SLA SQ204 1125 MES GIA GA982 1230 HLP SLA SQ201 1245 HLP GIA GA895 1245 AMS ROM KHI MAS MH684 1245 KCH THAI TG413 1310 BKK CAL CI009 1325 TPE/HKG CPA CX715726 words
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Page 5 Advertisements
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Advertisement262 1979-10-18 5 Overseas Assurance doesn't ask what can be insured It asfe what risks can be eliminated or reduced. The philosophy is Risk Management. The OAC Risk Management Team consults with your Senior Management to find ways of eliminating, or reducing risks. Then only do you transfer your remaining risks through insurance262 words
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Article405 1979-10-18 6 IT says something for the progress of regional cooperation that a Filipino Cabinet Minister should consider recommending a Malaysian corporate chairman as a man capable of galvanising action on the difficult problems confronting capital flows between countries in the region. The former Finance Minister of405 words
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Article247 1979-10-18 6 THE Singapore Tourist Promotion Board sees an obvious advantage in attracting more conferences and conventions to Singapore. Instead of directing its marketing efforts at the visitors themselves it is easier and more economical to convince travel organisers that Singapore is the place to visit.247 words
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Article, Illustration1842 1979-10-18 6 ROY HODSON - The Amazon bauxite deposits are so big that they will be able to supply up to 20 per cent of the Western world's aluminium industry needs in the foreseeable future. ROY HODSON reports on the bauxite bonanza in the Amazon basin. ROY HODSON FT ON THE BANKFT - 1,842 words
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Page 6 Advertisements
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Advertisement95 1979-10-18 6 At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure Times. As a regular Saturday feature of Business Times, Leisure Times reaches 29,000 people in Singapore's top95 words
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Page 6 Miscellaneous
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Miscellaneous1281 1979-10-18 6 Two new programmes TWO let aerie* nuke ■park sff mm late rest «a the part a( Ike resigned viewer*. The laeretfUe Halk it :.U pn b u ■iiptatlw atf aae sf tke camle karrar flgares aa laved ky eklMrea. It Is a CBS priiictka ud stars BUI Btzky aa mild1,281 words
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Article, Illustration1838 1979-10-18 7 NICHOLAS COLCHESTER - DIAMOND JUBILEE OF THE LONDON GOLD MARKET So long as the Union Jack on the desk remains upright it signifies that its owner is not willing to settle at the price under discussion, reports NICHOLAS COLCHESTER on the diamond jubilee of the London Gold Market. NICHOLAS COLCHESTERFT - 1,838 words
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Article904 1979-10-18 7 PAUL LEWIS - FORUM; With PAUL LEWIS NYT WESTERN Europe's three economic disciplinarians face a winter di discontent. French Premier Raymond Barre, German Chancellor Helmut Schmidt and Britain's Prime Minister Margaret Thatcher have all chosen the same, painful strategy for rescuing their economies from the worldwide slowdown. All threeNYT - 904 words
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Page 7 Advertisements
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Advertisement297 1979-10-18 7 FLY TO HbNGKONG VIA THE PHILIPPINES. AND DISCOVER THE MEANING OF HOLIDAY. ONLY ON PHILIPPINE AIRLINES. For a little more than an ordinary return ticket to Hongkong, we give you four glorious days in the Philippines. With accommodation in luxury international hotels (e.g. Hilton). A guided tou of Manila. The297 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article281 1979-10-18 8 OCT 16 Krs CORBE1LLE Air-Liquids 467 -7.9 B S N Gervais Danone 840 -40 CSF < Thomson C»f > 423 -5 Cle Krancalse des Pftroles 281 -13 Compagnie Financier* Compagnie Oenerale 349 -7 Credit Koncler De France 496 -8 Hachetle (Librairie) 200 -1 Machines Bull 63 65 -306 Mlchelln281 words
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Article215 1979-10-18 8 OCT 16 Dm Aeg-Telefunken 40 30 Akzo 25 00 -0 5 Allz Leben 820 00 -30 Allz Ver* 488 00 8 BASF 1 142.00 -8.7 Bay H T Wbank ***** Bay Vbank 282.00 -11 Bayer 131 80 -06 RRr 290 SO -13 BMW t 175 00 -08 Cassella 380JD0215 words
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Article186 1979-10-18 8 OCT 16 Francs Actions Suluci 306 -I Alusuisae Br. 1320 30 Alusulsse Reg m brown Hoiert Br. iioo -10 Oba Geigy Br. 1275 •10 Ciba OeHjr P C 1035 •IS Clba OeIgy Hfg TO -4 Credit Sum* Br 2245 -20 Credit Suisse Reg 429 -2 Elektrowatt Br 2110 ■SO186 words
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Article199 1979-10-18 8 OCT 1# Fla ABN 341 00 -4 Ahold 84 90 -XI Akzo 27 40 -08 AMEV 96 50 -09 Amfas ***** 1 Amro Bank 69 40 1 Bergoss 5700 IS Berk 103 00 -0.3 Bols 68 50 -08 Borsuftuj ***** 11 Burhmann 90 «0 -1.5 Byenkorf 88 00 -08199 words
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Article92 1979-10-18 8 OCT 1« FY* FORWARD MARKET Acec aii 1 A r toed 2345 S Astur soo •10 P"V«n 610 *14 Bru-Umb 1750 >25 Can par 872 >24 Cock .8 De Beers 273 2180 .18 Electro bel MOO unch Gb-Inno-Bm 2006 15 rw» 1084 -34 HnhAk 2750 *50 •10 Ryl Dutch92 words
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Article100 1979-10-18 8 OCT 16 Lire Anlc IS 025 Amoc Oen ***** 750 Baxtofl 7» -7 Central* SIM > 380 Fiat 2591 >46 Finuder 124 75 1.9 Oen Immob 7525 in PM 27*0 >29 lULicemenll ***** > 300 Italia* 750 .3 ILalsider 338 •1 Mafnetl M Pf 600 unch Marvlll Ere 370100 words
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Article1260 1979-10-18 8 NEW YORK THE STOCK market on Tuesday mounted several weak rallies but fell back each time and ended with a small loss in active trading. Analysts said the rallies were mostly, technical although investors were encouraged by a firmer bond market and a sharp drop in gold prices1,260 words
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Article202 1979-10-18 8 OCT 16 Abltlbi c$ 18 unch Hud Bay Min Imp Oil Inco 24% 38 23 Alcan 44'--1 Int Prov Pipe 17 4 .i. Algoma 30'. Int UU T 14% .i, Bank Mont 22% InU Nickel 23 Bank Nova Scotia Bell Tel 23 20unch Kerr Add Loblaw B 12'. 3%202 words
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Page 8 Advertisements
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Advertisement500 1979-10-18 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices Where to wine, dine and entertain For lunch. For dinner. For a rich I y rewarding experience. lY.i* I.n.iru'M' K; >!•) (Tss I t iiiiin fiirk Slieniiini V U? 1 ««jrr 11UG( )'S LUNQ iEON SIDEBOARD s<-i vtHirouii500 words
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Advertisement83 1979-10-18 8 m *< 1 i J Merlin's New Tavepi Bar It's totally new. Painstakingly furbished to create just the right ambience for you to unwind after a hard day's work, before dinner, or to round off a perfect evening. happier happy hours from 5.00 pm to 7.00 pm. We have The83 words
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BANKING AND FINANCE
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536 1979-10-18 9 LEE YOKE MENG - By LEE YOKE MENG THE NEWLY-established representative office of the Bank of Seoul and Trust Company may be upgraded to offshore status in a year's time. Operational only from May this year, the bank which is one of the five largest commercial banks536 words
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Article120 1979-10-18 9 MIDLAND Bank Ltd said it sold ten million shares in Standard Chartered Bank Ltd at 470 pence per share, bringing its holding in the bank to 4.3 per cent, or 3.7 million shares. Mr Malcolm Wilcox, a director of Midland Cank, said "To retain a120 words
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373 1979-10-18 9 Reuter. THE TIGHT-MONEY and high-credit measures taken last week by the Federal Reserve Bank in its battle to control inflation and bolster the dollar were capped on Tuesday by the Carter Administration's announcement that the Treasury would abandon its regular monthly gold sales.Reuter. - 373 words
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Article292 1979-10-18 9 Reuter. THE JAPANESE Finance Ministry is expected to inform a meeting of 22 Japanese banks on Oct 22 that it will tighten guidelines for medium and long term syndicated dollar loans abroad, banking sources said. Since January, Japanese banks have been required to match 60 perReuter. - 292 words
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135 1979-10-18 9 Reuter THE EEC Commission discussed co-ordination of national banking laws and harmonising accounting rules with private banks, an EEC Commission spokesman said. The discussion was chaired by EEC Finance and Budget Commissioner Christopher Tugendhat and the participating banks came from several major EuropeanReuter - 135 words
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Article78 1979-10-18 9 EIGHT assistant officers of the Chartered Bank, including one from Jakarta and two from Manila, are now attending a five-day course on supervisory skills at the bank's training centre at Upper Thomson Road. The course aims to upgrade the participants' skills and knowledge of staff training and supervision.78 words
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Article192 1979-10-18 9 ANOTHER bond issue is to be offered on the Asian dollar bond market next week. Japan's second largest consumer credit company, Orient Finance Company, will issue convertible bonds worth US$25 million to mature in 15 years. To be priced at par, the bond issue is expected to pay192 words
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147 1979-10-18 9 OPERATING earnings at Manufacturers Hanover Corporation (Mancorp) for the July-September quarter rose 17.1 per cent over the same quarter last year to reach U5555.7 million. For the first nine months of this year operating earnings totalled $159.5 million, also an increase of 17.1 per147 words
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Article102 1979-10-18 9 Reuter MERRILL LYNCH ud Co attributed its improved third qaarter earnings to increased reveaaes to Its seearitlee and financing activities and la Its lasaraaee aperattoas. Third qaarter net iacame rase to US$l.lB per share fram ft cents a year aga. The gaias reflect rtsiag commiastoaReuter - 102 words
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95 1979-10-18 9 CITICORP said commercial loans were up 14 per cent in the third quarter from a year ago. In recent months the domestic rate of commercial loans has exceeded loan volume from overseas, the bank said. Commercial loan pricing during the third quarter continued to95 words
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Article54 1979-10-18 9 FEDERAL Reserve Board Chairman Paul Volcker said officials are studying the possibility of reducing the minimum size of money market certificates of deposit. Mr Volcker told the Senate Banking Committee such a move could enable banks &ad thrift institutions to compete more effectively for funds, but it would54 words
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MONEY AND EXCHANGE$
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Article134 1979-10-18 9 THE US dollar for overnight delivery closed sharply firmer at 233.90 yen yesterday, compared with a 233.10 opening and 231.70 at Tuesday's close despite strong central bank yen-support intervention. The Bank of Japan sold an estimated US$35O million to $400 million at different levels, but mainly at 232.90 and134 words
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Article198 1979-10-18 9 THE YEN weakened sharply from opening levels In late trading here yesterday on reports that Saudi Arabia's Oil Minister said Opec has lost control of oil pricing. The yen had already been under pressure on Tuesday following news Iran and Libya had increased their oil prices, and dealers said198 words
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Article65 1979-10-18 9 AUSTRALIA/NZ exchange quotes on Oct 17: US dollar ***** 1.1070 Sterling 0.5212 1.5150 Ninety-day air mall buying rates: Sterling 0.5443 US dollar 1.1(10 Ninety-day forward buying rates: Sterling 0 5267 US dollar -1.1254 NEW ZEALAND: Reserve bank midrate US dollar 0.9716 Trading bank Indications: Sterling 0 4587 0 45*765 words
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Article327 1979-10-18 9 OCT 16 Rand INDUSTRIALS A Alpha 215 5 A be room 282 unch AE And CI 500 unch AMir 1825 unch Barlows 060 unch Qiifar 890 30 CN A 290 •18 Currte Finance IIS unch Dr Beers Ind 1675 >25 Edcon 405 unch Edgars 4960 >150 Eve ready327 words
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Article34 1979-10-18 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury bills to be issued from Oct 22 to Oct 26.34 words
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Article473 1979-10-18 9 THE foreign exchange market was active yesterday, with interest mainly on the yen while the US dollar closed on a mixed note against major currencies. Opening at 1.8015/25 against the mark, the US dollar then firmed to 1.8040 50. London trading resulted in the dollar coming off to473 words
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Article22 1979-10-18 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is. 9 per cent.22 words
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Article190 1979-10-18 9 Asian rates ASIAN currency deposit interbank rates as at close on Oct 17: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DoUar»(8pot) Offer Bid 13 U'i 13 1/16 12 15/16 1313/16 1311/16 14'/. 14190 words
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Article47 1979-10-18 9 RANGE of prices offered by discount houses on Oct 17: Overnight 3V Call deposits 5"*% CMm BariM SeUia( 3 month Treasury bills 5 J 5H 3 month Bank bills 8H 8'« 3 month CD 8*« 8H 0 month CD 8 15/18 813/18 Source: National Discount Co47 words
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Article268 1979-10-18 9 THE SINGAPORE gold futures market yesterday closed between U5515.40 and US$2O.OO lower in quiet selective trading following lower Hongkong advices, dealers said. Turnover was 368 lots compared with 262 lots on Tuesday with interest mainly on December and February contracts. December closed at U*****.00/393.80 an ounce against U*****.40/409.00 overnight,268 words
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Article193 1979-10-18 9 THE dollar showed signs of easing from its highs at the opening here yesterday, although there were no specific new factors in the market, dealers said. The dollar opened at 1.8020/30 marks compared with a late Hongkong 1.8042/ 47, a New York overnight close of 1.8040/50 and a finish193 words
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Page 9 Advertisements
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Advertisement88 1979-10-18 9 HAMBURG BANGKOK HONGKONG JAKARTA KARACHI KUALA LUMPUR MANILA SEOUL SINGAPORE x Efficiency means a great deal to Eurasbank's clients. Through a privately leased satellite line, the Bank maintains round-the-clock communication between all its branches strategically located throughout Southeast Asia. This satellite-operated circuit system facilitates quick transfer of funds between Europe88 words
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1555 1979-10-18 10 BUSINESS DONE ON THE SES THE KLSE BID and otter price* officially lifted and business in an reported to the Stock Exchange of Singapore yesterday with the number ot shares traded shown in brackets in lots o( 1,000 units unless otherwise specified SECTION ONE INDUSTRIAL A COMMERCIAL Acma (2.405) Allied1,555 words
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Article156 1979-10-18 10 SINGAPORE UNIT TRUST S'pore Growth Fund 1.17 1.23 (Muigtn' pritei a i i INCOME BOND UNIT The Commerce 216 229 (Carreat prt leea) The Saving Fund 139 1.47 Income Bond 1.1S 1.22 S'pore Prog Fund 0 96 l.Olxd S pore Sec Fund 1.72 1.82 S'pore Invest Fund 1.26156 words
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Article2693 1979-10-18 10 1979 High Low Company Last Sale orGr's Div Div C'vr Gr'» Y'ld Net P/E Vol eooo) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 196 148 180 272 74'j 255 350 215 380 207 123' no 139 255 57'.185* 226 177 256 Aetna Alcom Allied Choc BAT2,693 words
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Article87 1979-10-18 10 4 3/4% 15/9/80 (250.000) (***** 98.855) ft 3/4% 1/6/78-80 (250.000) (99.758 *****) 5 1/4* 1/3/81 (250.000) (***** 98.655) ft* 15 481 (250.000) (97.858 98.955) 5 3/4* T F 1/9/79-81 (250.000) (98.308 98 40S) 6 1/4* T F 15/10/93 (250.000) (99 958 100.20S) 6 1/4% T F 15/9/95-97 (250.000)87 words
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Article95 1979-10-18 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. Haw Par (Dec $1.40) (0.128 0.215). Paa Electric (Dec $1.30) (0.218 0.30S Prima (Dec95 words
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Article1637 1979-10-18 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Aleam (1908 1.965) A Chae (1.258 I.2SS) AMD (0.578 0.57' »S)1,637 words
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Article93 1979-10-18 10 MEGA Chemicals BM: AGM to be held at Wisma Mega, 2nd Mile, Jalan Batu Tiga Lama, Kelang, on Oct 25 at 11am. Saath East Aria Carp: EOGM to be held at 9th Floor, Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur, on Oct 25 at 12 noon. A93 words
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Article, Illustration718 1979-10-18 10 IN A generally quiet ak appareatly get-aewbere market, Mine ef the relatively low-priced tames were ilagled eat far «play" at the Stack Exchange ef Slagapore yesterday. Meet ef theae beloaged ta the category ef "cats and dags", a term cetaed far their general lack718 words
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553 1979-10-18 10 PRE-BUDGET jitters shook the Kuala Lumpur stock market, which tended slightly lower in quiet trading yesterday. Prices, after a barely steady opening, were depressed broadly but losses were marginal in most cases at the final bell. The New Straits Times Industrial ordinary share index,553 words
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COMPANY NEWS
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294 1979-10-18 11 THE earnings of Sanyo Industries (Malaysia) for the first half of the current year continued to fall. For the previous full year ended Dec 31, 1978, it plunged by 49 per cent to $960,172. For the six months to June 30, 1979,294 words
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Article, Illustration1103 1979-10-18 11 ANTHONY TAN - By ANTHONY TAN HAVING achieved record profits for the year just past, building and construction materials group Hume (FE) expects another year of growth fuelled by increased demand in Malaysia. Orders on hand at endJune showed a 43 per cent increase to $64.37 million compared with1,103 words
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Article355 1979-10-18 11 AYER Hitam Planting Syndicate has put up its best performance ever for the year ended March 31, 1979, helped by strong improvements in its rubber production, in prices fetched and in investment income. The company turned in a pre-tax profit of 5831,260 for the year just past, an355 words
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Article605 1979-10-18 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Apollo 5% I Oct 11 Oct 18 Oct 30 5% 7.5% Pub Text 5% I TE Sept 12 Sept 24 Oct 18 5% LOB 5% I Sept 24 Sept 29 Oct 19605 words
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Article122 1979-10-18 11 Company Particulars Ex Date Books Cloae Rothmans Bonus Issue of 1 for 5 Oct 16 Oct 26 Kemayan Bonus Issue of 1 for 4 Nov 14 Nov 26 SEA Corp Bonus Issue of lfor 1 NYA NYA Temerloh Bonus Issue of 1 for 1 NYA NYA Fancy Tile122 words
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Article, Illustration430 1979-10-18 11 UNITED Asbestos Cement seems poised for further earnings growth in the current year after achieving a 25 per cent rise in pre-tax profit to a record M 517.50 million for the year ended June 30,1979. UAC chairman, MrJßßeid, in his review of the year430 words
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Article169 1979-10-18 11 PROFITS grew by aaly 5 per eeat far MMlag ud eeastraetlea materials ewnpuy, Llei Hee Mbtries, la the first half sf this year tampered with a sharp per eeat spart ia the eerreepeadlag half sf lftt. The grasp's pre-tax prsflts reee te mllttaa far the rix169 words
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Article196 1979-10-18 11 IN REPLY to queries of the Stock Exchange of Singapore (SES), General Limber HiHlngs said it does not intend selling any asset besides those transactions that have already been publiey announced. It adds that operations are progressing normally and are in accordance with expectations. NOR8ECHEM (M) which has196 words
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Article595 1979-10-18 11 mm™. by HOCK LOCK SIEW FABER Merlin's stock market performance in the past six months seems akin to that of a dead rather than a dark horse. Despite its best profit peformance in six years and the payment of two minute dividends of 2.5by HOCK LOCK SIEW - 595 words
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Article177 1979-10-18 11 Date Last Foil Year Company Period Announced Net EPS Grsss Pre-tax last year (cents) Div. Profit <%) <$*••) Bo vis I 15/9 14.509L Mai Bank F 23/9 28.6 17.5 25,742 Sea View F 30/9 282L Syn Resins F 4/10 10.1 652 Rah Hyd F 6/10 49.2 40.0 8,187177 words
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Page 11 Advertisements
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Advertisement155 1979-10-18 11 THE 2ND INTERNATIONAL ER D WOODWORKING EXHIBITION. DATE: 12-16 JANUARY 1981. SINGAPORE. Wood '81 is the second specialist exhibition devoted exclusively to the development and expansion of the forestry, timber processing and woodworking industries of South East Asia. Wood '81 will highlight the latest range of equipment and services available.155 words
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504 1979-10-18 12 THE managing director of Hong Leong Finance Limited (HLFL), Mr Kwek Leng Beng, had ordered a parcel of 150,000 Singapore Finance Limited (SFL) shares as early as January last year seven months before HLFL's takeover bid for SFL. Testifying for the prosecution504 words
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Article188 1979-10-18 12 FORMER university lecturer Mr Awther Singh, recalled as an expert witness for the defence in the Tarling trial, yesterday took the High Court through the arithmetics of various hypothetical accounting situations to illustrate his testimony. Mr Singh, giving evidence on the issue of a "true and188 words
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Article, Illustration538 1979-10-18 12 SOUTH Korea and Singapore have agreed to hold annual ministerial meetings to discuss bilateral cooperation, it was announced yesterday in Seoul following a meeting between Mr Lee Kuan Yew and Korean Prime Minister Mr Choi Kyu-Hah. A South Korean spokesman said details ofUPI photo - 538 words
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Article845 1979-10-18 12 LONDON, Wed. Share prices closed quietly mixed on lack of follow-through after a firmer opening, dealers said. Prices rose at the outset following news that the British government is to sell only 5 per cent of the BP equity in its assets sale programme. At 3 pm, the845 words
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208 1979-10-18 12 Reuter, AFP. THE number of tourists visiting Hongkong jumped by more than 10 per cent in the first six months of this year over the same period in 1978. Disclosing this, the chairman of the Hongkong Tourist Association, Mr David Newbigging,Reuter,; AFP. - 208 words
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Article112 1979-10-18 12 Reuter THE Organisation of Petroleum Exporting Countries' (Opec) president Mana Said Al-Oteiba said in Tokyo that world oil prices must rise, but not as steeply as consuming countries fear or some Opec members want. Dr Oteiba, who is also the United Arab Emirates Petroleum Minister, toldReuter - 112 words
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Article475 1979-10-18 12 COLLECTIONS OF $586 m THE Customs and Excise Department collected a record revenue of 1586 million last year and motorists' payments of import duties on motor vehicles and petrol accounted for more than one third of this. Motorists paid over $206 million in import duties475 words
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296 1979-10-18 12 Reuter THAI Prime Minister Chomanan Kriangsak will visit Manila for two days from Oct 26 during a tour of the Association of Southeast Asian Nations (Asean) to discuss the Indochina situation, Philippines Foreign Ministry officials said yesterday. General Kriangsak is expected to sound out theReuter - 296 words
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110 1979-10-18 12 THE Singapore Government has formally approved the low trans-Pacif-ic fares of Braniff International, the latest American airline flying into Singapore. Besides the low return budget fare from Singapore to Los Angeles of US$649 ($1,428), Braniff will also offer its airpass here. The airpass provides110 words
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181 1979-10-18 12 UPI US Defence Secretary Harold Brown pledged continued American military support in South Korea and throughout the pacific on his arrival in Seoul Wednesday on the first teg of a north Asian tour. In Seoul, Mr Brown will head the American delegation to theUPI - 181 words
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Article101 1979-10-18 12 AFP TWO TOP investors from Saudi Arabia arrived in Kuala Lumpur yesterday to assess the investment climate, particularly in joint-venture projects, in Malaysia. They are Dr Ibrahim Kami], the executive vicepresident of the Jeddahbased Islamic Investment Company and Mr Ahmad Langgar, secretary-general of theAFP - 101 words
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Page 12 Advertisements
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Advertisement110 1979-10-18 12 Technology more than half WORLD TRA^DE^CEh^E Hours-11 a.m.—B p.m. PRINTPACK ASIA '79 International Exhibition of Printing and Packaging See the latest presentation of machines, equipments, materials and supplies for the printing and packaging industries by over 260 leading manufacturers from 17 countries. PACK-PRINT CONFERENCE International Conference for the Printing Packaging110 words
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Advertisement67 1979-10-18 12 This announcement appears' as a matter of record only IK. SOUTH PACIFIC TEXTILE INDUSTRIES BERHAD recently acquired 4,016,500 Ordinary Shares of Msl each of SOUTEX SENDIRIAN BERHAD on the basis of one ordinary share in South Pacific Textile Industries Berhad for every one ordinary share in Soutex Sendirian Berhad ASIAN-AMERICAN67 words
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Page 12 Miscellaneous
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Miscellaneous65 1979-10-18 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with occasional light rain in the early morning. Report for 24 hoars prior to 7Jt p.m. on 0ct.17 at the airport. Maximum temperature 30.7 Associated humidity 74 Minimum temperature 23.2 Associated humidity 96 Hours of sunshine 2.20 Rainfall in65 words
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SHIPPING TIMES
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PORTSIDES
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Article73 1979-10-18 13 AFP SALENS of American products at the Boatique America, a shipboard floating fair, which opened in Tokyo last Friday, reached an unexpectedly high level of U*****,800 in three days, sponsors said. This has led officials concerned to forecast that a sales target of $7.5 million is likely toAFP - 73 words
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Article97 1979-10-18 13 AFP HITACHI Shipbuilding and Engineering Company of Japan said that it will build three 18,500-dwt multi-purpose cargoships for Galleon Shipping Corporation of the Philippines at about 10 billion yen (about Ssloo million) under a contract concluded recently. The first of the three ships is for delivery inAFP - 97 words
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Article99 1979-10-18 13 Reuter LONDON second-hand tonnage brokers reported the sale of the 3,907 long dwt tweendecker City of Valetta (built 1966) to unknown buyers for around US$l million on Tuesday and the tweendecker Aliakmon Pioneer (11,858 long dwt, built 1957) to Hongkong interests for $800,000. They also reported the tweendeckerReuter - 99 words
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643 1979-10-18 13 RAHIM KASSIM - By RAHIM KASSIM EIGHT member lines of the Japan India-Pakistan/ Japan Conference will launch a full-containership service between the Far East and the Arabian Iranian Gulf next month. It is still not known whether the remaining member, Maersk Line, will join the shipping consortium.643 words
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Article252 1979-10-18 13 UPI NORTH Amerteaa rates tlaaed to hsrdea ea a geaerally katjMt freight market backed sp by straag sappert fram a buy time rbsrtcr seettoa m Taeeday. Tr*4u was swig these graia kwei actively flxlag teaasgc til W tbe Great takes, it paid US$44 (As) to the Paunank fsrUPI - 252 words
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314 1979-10-18 13 REPRESENTATIVES of the shipping industry in Singapore are currently in Bangkok for a week-long meeting sponsored by the UN Economic and Social Commission for Asia and the Pacific (Escap). Two shipping associations from Singapore are represented in the talks which started on Tuesday.314 words
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200 1979-10-18 13 UPI CANADIAN National Railways has considered tenders for repairs to a bridge over Vancouver Harbour that was severed by a Japanese freighter last week, blocking movement of about 3,000 grain cars weekly. "The CNR has requested and received tenders for the impair of the bridge,"UPI - 200 words
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2249 1979-10-18 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 invoked and the estimated dates of arrival and departure from the Port of2,249 words
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Article1032 1979-10-18 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL (1) Each vessel s estimated time of arrival Is advised by the Shipping Line/Agent and is subject to change (2) All export FCL contalQers and LCL cargo must be delivered to the Authority's premises during the following1,032 words
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Article952 1979-10-18 18 ORIENT EXCHANGE THE freight market is active and healthy although problems abound. Shippers used to having several vessels to bid for cargo seem to asking: "Where have all the ships gone?" Some are under contract, others are under repair, others have been or are about to952 words
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451 1979-10-18 18 EUROPEAN nations have been urged to embrace flags of convenience as a solution to the problems facing their merchant fleets by the chairman of the Federation of American Controlled Shipping (FACS), Mr Philip Loree. The use of flags of convenience or flags of necessity451 words
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Article524 1979-10-18 18 Shipping Line Page ACS n 5 Afea IV 3 Alfred V 1 Alpac IV 5 Angkutan V 3 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 1 Asia America D 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank m 5524 words
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777 1979-10-18 18 AFP GRAIN rates moved up to new five-year highs on the London freight market last week, although business remained on a somewhat restricted level. Early quietness was blamed on a holiday in New York on Monday for Columbus Day, but thereafter itAFP - 777 words
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Article108 1979-10-18 18 Reuter FILIPINO pirates raided the Japanese vessel Ryu Man It just Inside Manila Bay as it was trying to seek shelter from rough seas in the China Sea, a Philippine Coast Guard spokesman said yesterday. He said that in a radio message, apparently sent inReuter - 108 words
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Article, Illustration551 1979-10-18 18 EXPECTED ARRIVALS TODAY' KEPPEL WHARVES Amalienborg (Tanker) (1100 Subject Gas Free P/ O) 13/14 Able Reefer (1600) 25/26 Bunga Gelang (1100) 19 Bendearg (after Verbena shifts Will shift to Gdn. 33/ 34 20th tbc for D/L) 42/43 Ibn Tufail (hauls after Pateverett sails) 35/36 Katerina Daracopoulos (after551 words
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Page 13 Advertisements
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Advertisement379 1979-10-18 13 UJPU ASIA CHARTFRIM, CORPfo PU> ITD soi:f 80' Brfi floor O'tjn Bonding Singapore 0104 r.ab'e {.ifotrachi l>l«i RS?39OiA B fuiolra Telephones 9'26b0 \K I) I\ I I All m r W" ORiENf Overseas Co*titu*ieA. Line 4CHEVALCR ROTE 16€ KOREAN JACEMON 4E HONGKONG CONTAMER 17E MERCATOR 14C ORCNTAI CHCE ltt CHMA379 words
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Advertisement252 1979-10-18 13 SEALORD ULJ ANTAFI H UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI-PURPOSE SERVICES S pore j Loading for BN TUFML In Port Gdn Kuwait (29/10). Shuaiba (31/10). Dammam 33/34 (5/11), Dubai (7/11) 28/10 Mina Qaboos (9/11), Shuaiba (12/11), Kuwait (15/11), Dammam (18/11), Dubat (21/11) AL SALMAH 15/n Kuwait (27/11), Dammam252 words
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Advertisement424 1979-10-18 13 NOL NEPTUNE ORIENT LINES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE S S BRIOCE 21 Oct 22 Oct N CORAI 27 Oct 29 Oct K lACEIIN 31 Oct 1 No. NPC Mil 4 No. 5 No. C RO2E 10 No. 11 No. C PAUL 16 No. 17 No. K MCE424 words
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Advertisement631 1979-10-18 13 SINGAPORE SHIPPING AGE %CIE SPT f LTD VAHMIIfcI, Vliwr f,(S(KA| *****1 V f IK] ASiA I Vf bt'N K 1 a2%l' p ki AflG *****1 J•PENE NG b4 781/? y« lis. Pac<c. Pac*c NortK WaM. CM > Attaatoc. Eptf Caaadi and Meuco (Also accept*i( tot Honjkoni Taiwan. Japan and Korea)631 words
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Page 14 Advertisements
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Advertisement871 1979-10-18 14 FULLY CQNTMUSD TO EUMVC Cardvan Bar WO 22/10 7/11 9/II 10/11 12/11 TeteEureu "10 M '<> >VU IMI 18/11 19/11 naKllam 5/11 23/11 2511 26 11 »11 Kawca Mara 21/11 23/11 24/11 26 11 Kanukwa Mara '0" 30/11 2/12 3/12 J/12 Honckonf Eiorns H 11 3/12 5/12 6/12 8/12 BtZ£?871 words
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Advertisement255 1979-10-18 14 Ess barber blue seo R ATLANTIC ttSOLFiEAST CANADA ft MM £2 (UC) (BBS) (EM) «VU 117-19/111 17-21/11 a Sartodhi Sotbi Saufcj I Smn ♦iPfifSS IRANIAN PORTS I Seatrain Full Container Service to USA FEEDER VS PK PEN STOtf MOTHEIW *Sl 22/101 S/L«i*tai Mm Mam 22/10 J AVS 21/10f S/V*r F«|«255 words
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Advertisement601 1979-10-18 14 EVERGREEN LINE UR I AST HIROPI *PRISS HHI CONTAINER SERVIC ACCEPTMG CARGO FOR HAMBURG. FELKSTOME. ROTTERDAM. ANTMRP. If HAVRE ALSO ACCEPTMG CARGO FOR: UNITED lUNGOOM SOUTHAMPTON. London, manckster. wrmmgham. BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY HOLLAND ■Hi Oct 14 Mm II Nm II Nn 20 M» 211 2 23 NM601 words
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Advertisement830 1979-10-18 14 I Everett Lines Barma Five Star Corfu. "BURMESE NATIONAL LINE" LOAMN6 FOR RANGOON PAGAN HTMUWYVM (D6CHAKMG ONLY). 24/21 Oct 25/27 Oct 27/2S Oct BFSSC Agent* n Malaysia TEPS MALAYSIA r Kdong Te» (38)-7355 Penoog TX *****/***** Compania Aryaittina Da Na vafaaon Intarcontinontai S. A. C.I. F. ARGENTINE NATIONAL LINE' LOADMG830 words
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Advertisement675 1979-10-18 14 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD WM 2 102 103 21ST FLOOR MARINA HOUSE SHE NTON A'AY MISTRi ROA[) SINGAPORE 2 TEL *****44 7& *****70 31 SANKYO LINE AUSTRALIA SERVICE yue mm.. rui river KTOTEM MARU. P Kobng Snfapart Loadnf tar 25/26 Oct 23/24 Oct NJCL 11/13 Nov 9/10 Nov675 words
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Page 15 Advertisements
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Advertisement835 1979-10-18 15 Overseas ■■I Containers Limited Weekly service to/from UK/Europe To UK/Continent HWg Ita Ste S'pere P Kriang O'nurt Im Imp It Nwre UJ C«4( B Bay 21 Oct 22 Oct »Nn 11 Mm 12 Nn 14 Nn 71b TeWe Eapresa 27 Oct 21Oct IS Nn 17 Nn II Mm 20 Mm835 words
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Advertisement853 1979-10-18 15 \-J& GRANARD LINE RED SEA/MEDITERRANEAN SERVICE S>ere Plate* Penang WON KITW uW Booked) 5 Iter M.V. MM M V33W 29 Nov HV. MAN Of OIK *.3«M. 17 Dec MV. MM FUNG V.3SW. 10 Jan Acctrnw comtmo cmgo ra air MV. MMMV.24E. MV. MM CHEONC W.29E..- ALL OWNED VESSELS Port Sad/Ateundria/853 words
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Advertisement669 1979-10-18 15 Ny BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FRORI EUROPE IM*| Eipmi FBOMEI9OPE H BOW B HAVEN JTDA9 HAVBE SOTON Germany Austria Beneta France MUK PU»i| Etprtu 11/11 19/11 21/11 22/11 24/11 12/11 m*a 23/11 24/11 X/ 10 27/11 31/19 27/11 21/11 31/19 31/11 1/11 21/11 1 i 4/11 7/11 1/11669 words
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Advertisement643 1979-10-18 15 Scan Dutch V ii'A\'tlifM l i'i[m iVi3.ll >:']:i'l i«i. T| 4»7i'i fi fluid SCA BUNGAQAMUA FMNdSCA BWCAQAKM F4MQSCA 5/12 10/1? 11/12 13/12 12/12 11/12 18/12 20/12 U/12 23/12 2V12 27/12 2V12 31/12 1/1 3/1 jgSEcrj ¥5 1) cm 2) tfkwi 3) r<w 4) rta S) LaM t) IT S3 s643 words
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Advertisement677 1979-10-18 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA MTEMNA DRACOTOULOS (Rnnon. Durban Ctoem. PI Elu I LdMom Koaatan S pore Gd 31/22 Oct f leiang LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Saqapore P. Kelanf Kuantan US Gulf LmTU LYKES (fee*677 words
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Advertisement891 1979-10-18 16 I, K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA FEEDER VESSELS* n 9 MOTICR VESSELS TK LA SE NY Clpptr Act 12 21/11 M/M 3 »n«h «/U U/ll 19/11 20/11 B""T Tra4« 12 m\% 11/11 3 Vtuafc 14/11 27/11 23/U 11/12 M* Ac* 13 4/11 7/11 3 Veisefc 22/11891 words
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Advertisement385 1979-10-18 16 SHUN CHEONG M/S "TAIPOOSEK" REGULAR CARGO SERVKZ FOR HONGKONG—SMGAPORE—PDMNG Hongkong Arrives/Departs Oct 4/6 No* 22/24 Hot Agents Sogapo Singapore *rn»« Departs 24/25 Oct 11/12 Nm 29/30 No* Penang Arrives Departs M/ 21 Oct 13/15 Nov 1/3 Dec Singapore SHUN CHEONG SJI CO.. (S) PTE LTD Singapore Arrives Departs 29/30 Oct385 words
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Advertisement491 1979-10-18 16 h (iroiii)! SINGAPORE SHIPPING AGENCIES PTE LTD OC I AM BU'l C'NG SNGAPOM VAH»E"NG i t Nfv GtNfßAi 91 11 i NfSi H s>.4<9< wSSfeB A B C ARSH.P ABI f < AUGOSMiP 111 l'ri|ionnl Coiit.iiiirr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK DSR-LINES^i fast sem-coniamb sawct >«rf»n?!rrrM T. 1 1491 words
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Advertisement443 1979-10-18 16 £3 I* 3 P M»ng Singapore Loadng tar BUNU GELANGt *17 In Port R Kmjbaki BUNU MAS{ *311 t( 11/20 Oct) 19/20 Oct 21/22 Oct Kuclwig *<14/11 Oct) SttftNMtttlC t(K/21 Oct) 21/21 Oct 22/23 Oct Site I* Mu»'. MS/11 Oct) ■KMC) MIS t(27/21 Oct) 27/21 Oct 30/31 Od Ta.au S443 words
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Advertisement747 1979-10-18 16 t INTRfISEfI (PTC) LTD. Fabe' House 234E Orchard Road S'ngaporp 9 Telephone *****1 V *****5' REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ALRTON NOR ASIA W857 NORASIA WBSB S pore P. Keiang In Port 19 Oct 12 Nov 15 Nov 30 Nov 4 Dec Avon (UK), Boulogne .i Boulogne Antwerp747 words
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Page 17 Advertisements
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Advertisement398 1979-10-18 17 rr\ ALFRED C. TOEPFER T SCHIFFAHRT Express Regular Service To Dubai ETA ETD MV AEGIS STOIC 16 Oct 23 Oct Express Service to Dammam, Bahrain and Kuwait M. V. ANTONETTE 1 Nov 6 Nov Owners Representative Office Tel. No. *****33 AQNIS WW ORMT TRAOHG i SMPPING PTE ITO 2004. 20th398 words
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Advertisement284 1979-10-18 17 m KANNIVELL LINES MALAYSIA SINGAPORE BANGKOK SERVICE (Accepting cargo for Sattahip sub)«ct inducement) Singapore... Bangkok..... Singapore none KmiV3 Saied 17/20 Oct 31/1 Nov 31/1 Nov 6/10 Nov 15/18 Nov Mmprt STAMMT K4NNMEU P»rt Kttoni T«t 30(119/3ttSt2 SaifapKt FUTA SVftß fit LTD T* *****04 GBN .FAR EAST WEST AFRICA SERVICES FCL284 words
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Advertisement281 1979-10-18 17 COMBO LINE REGULAR TIMBER/PLYWOOD BULK TEESTA NOOI COMBO NOO2 P KELANG LOG FOR: M PT Nantes/Newport 5/11 Nantes/Newport AGENTS Spore Magna Shipping «Pte) ltd Tel 190 lib ??ob79j 4 Pf Kelang Perkapalan Timur I an* Sdn Bhd Tel 38 8505 1 Kuala Lumpur *****1 2 CELTIC BULK CARRIERS Regular Bulk281 words
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Advertisement433 1979-10-18 17 g.g: GOLDEN LINE CUAN GUAM SHIPPING (PTE) LTD a m.« *m $i*n. mupok i. m ivm <isun> V t* Kioto Lm f (#2ll, f. («tanf 3(79(1. XMt Mwi «iai am uon <id sm mm ?n tun STRAITS/PERSIAN GULF SERVICE: SOUBI an Onto Karachi GOUKM HAVEN Basra* 5/10 Nm 20/29 Oct433 words
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Advertisement327 1979-10-18 17 man tniERmcDOL mtunysifin mmtm SHinem: hoe ssn. she. STRAITS/EUROPE SEMI-CONTAINER SERVICE MMN GOODMI (1-7) KGB MSOGN (111) TW (1-11) '•6** Pmmi l«*4n( fm\ SM hPI I4m/Hbwt/A*D I'Od 23 Oct nod hPI «S/Hrr MOd 30 Ocl 25 Oct PAR EAST/STRAITS/EUROPE SEMI-CONTAINER SERVICE UTTNEU (K£-s)_ MTHONT (WS-1). 14 Nh 17 NN MRm327 words
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