The Business Times, 11 October 1978

Microfilm: NL9863
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 WEDNESDAY, OCTOBER 11, 1978 50 CENTS
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  • BRIEFLY...
    • Article
      No hanky-panky
      74 1 KUALA LUMPUR, Tues. The government will not hesitate to withdraw all «M<«tance and Incentives provided to bumlputra businessmen If they allow themselves to be merely the instruments or the non-bumlputra The Parliamentary Secretary to the Trade and Industry Ministry, Enclk Abu Hassan Hajl Omar; said the government would
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    • Article
      Lock icon Canton fair
      63 1 AFP KUALA LUMPUR, Tues. A 184-member Malaysian trade delegation will leave for China tomorrow for the month-long Canton autumn trade fair. The government-owned corporation, Pernas, said today that the Malaysian delegation is hopeful of buying a substantial amount of goods at the fair. The shopping list Includes native
      AFP  -  63 words
    • Article
      Lock icon Coal cooperation
      56 1 Reuter URUMCHI (Central Asia), Tues. Further opportunities for foreign participation in developing China's coal resources may open up In the country's far west Slnklang region, an official in the Slnklang capital of Urumchl said. The province's proven coal reserves amounted to around 10 billion tonnes. Current coal production
      Reuter  -  56 words
    • Article
      Lock icon Chief energy sources
      71 1 AP GENEVA, Tues. Crude oil and natural gas will remain dominant throughout the 1980s as the chief sources of energy for Europe and North America despite efforts to replace oil with coal, the Economic Commission for Europe said today. An ECE study said coal may strengthen its
      AP  -  71 words
    • Article
      Lock icon Plus or minus?
      73 1 Reuter BRUSSELS Tues. The European Common Market, differing sharply from British Treasury forecasts, said today Britain's balance of payshow a current account deficit of up US$5OO million (551.15 billion) this year. T reasury k* 3 that present evidence points to a surplus and the EEC Commission's latest
      Reuter  -  73 words
    • Article
      Lock icon Golden rise
      35 1 AFP LONDON, Tues. Gold rose to a new all-time high of U*****.25 (*****.30) an ounce In early trading here today, compared with the previous record figure of $224.125 on Wednesday last week. AFP
      AFP  -  35 words
    • Article
      Lock icon The Chinese visitor
      44 1 AFP KUALA LUMPUR, Tues. Chinese senior vicePremier Teng Hsiao-Pin will arrive in Kuala Lumpur on Nov 9 after his five-day visit to Thailand, It was learned today. From Kuala Lumpur, Mr. Teng will go to Singapore for a three-day visit. AFP
      AFP  -  44 words
    • Article
      Lock icon Dow Jones
      57 1 UPI NEW YORK, Tues. Prices sought direction on the New York Stock Exchange early today in moderate trading. The Dow Jones Industrial average, up about a point in the early going, was behind 0.08 to 893.10 shortly before 1500 QMT. Advances outdistanced declines, however, 638 to 415, among
      UPI  -  57 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      155 1 Rises Most active Guinness Ambassador Kuala Sidim Dun J op Ind Consplant Wrta Pegi Msia M Glass Kempas UIC 8 Finance Hone Leong Acma Pan Electric Paper Products SP Textile Supreme Corps Chen Ind Foils UOI OCBC STPW5 CftC Aokam 765 235 240 428 426 170 155
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    • Article, Illustration
      In Kuala Lumpur
      153 1 Rites Most active GhuNljr 1.80 +.17 Shell 2.85 +.10 H. Par 298.000 Guineas 7.75 +.10 Consplant 240,000 City Dev 1.30 +.08 S. Darby 203,000 Fall* UOB 167,000 Total Turnover: 2.78 m Sanyo 3.50 -.30 Total Value: MI7.18 m O.C.B.C. C. Sugar* 8.96 3 28 -.25 -.16 Indices
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  • Article, Illustration
    Baker sets up oil equipment plant
    700 1  -  BOOST FOR REPUBLIC'S ROLE »y JOHN LIM THE OIL exploration Industry in the region will receive a boost with the establishment of a $13 million plant to manufacture oilfield equipment in Singapore. Baker Par East, a whollyowned subsidiary of one of the largest US
    700 words
  • Article
    WELL DONE, ITB!
    219 1 INDUSTRIAL training In Singapore gained wider public and Industry support last year. The number of trainees who completed industrial training courses also reached record levels and significant gains in the quality of training were achieved. These improvements were made without raising training costs. The cost of training
    219 words
  • Article
    Texas plant in Singapore is one of the best
    606 1  -  •y RONNIE LIM THE Singapore operations of Texas Instruments, the US multinational semiconductor company, is now one of the group's most significant plants worldwide, supplying the latest In semi-conductor devices and complex integrated circuits. This is reflected in the return on
    606 words
  • Article
    Manila pushes ahead
    118 1 PHILIPPINE Industry Minister Vicente Paterno said his country will push on with its plan to set up a superphosphate factory as Its contribution to tb# Asean industrial complementation scheme. Mr. Paterno said on Monday a Japanese team despatched by the Japanese International Cooperation Agency would arrive next
    118 words
  • Article
    Japanese experts fly in to fathom the straits
    251 1  -  ®r SIVA ARASU A TEAM of experts from Japan arrived In Singapore yesterday to conduct Joint studies on the tides and currents in the Straits of Malacca Singapore for the establishment of the propoeed traffic separation scheme. The group, sponsored by the
    251 words
  • Article
    Third party may enter battle for Sinfin
    505 1  -  •y MANO SABNANI THE BATTLE for control of Singapore Finance (Slnfln) may enter yet another phase with the entry into the arena of property company, City Development*. However, City's takeover scheme J* said to be In a "purely exploratory" stage. A formal board
    505 words
  • Article
    THREAT IGNORED
    60 1 THERE wm little government or industry reaction yesterday to a new threat by officials of the Organisation of Oil Exporting Countries to cut back on exports to countries which do not help Opec move towards downstream business of producing and selling petrol and other finished petroleum products. US
    60 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      25 1 T\ MOHAN'S OEPI STORE (PTEJUD. 321, Orchard Road W *****22 n nt« w wencwin now t Branch: 101. IhnpNn Shopping Cantiv IM23SIMO Daily :9am-9 pm
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    • Advertisement
      Page 1 Advertisements Column 2
      123 1 BIRKART FREIGHT NEWS GBN CONTAINER LINK ANNOUNCEMENT CONTAINER ALLOCATION PORT HARCOURT Following new container allocations The Nigerian Ports Authority' has extended further facilities to GBN CONTAINER LINE for schedule berthing of their container vessels at Port Harcourt. Containers will be handled through the Container Terminal Company Port Harcourt. Commencing with
      123 words
    • Advertisement
      Page 1 Advertisements Column 3
      18 1 Leader Page I mmm ■fc k JL •pr ICJL 4*. •[>; \'l T i. A ,i§ 7i!m^TTi SHIPPING TIMES
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    • Advertisement
      Page 1 Advertisements Column 4
      237 1 LANIER COURIER secretary.... 5"MOi OTvide 10 OK. Vt. works 24 hour* a day r—4tr Pip f "If you want a good accounting system, If yon want good chicken rice, come to me." J V§l i t V m V i AM H Mr Foo Kmt, Managing Dkactor, Chop Sang Restaurant
      237 words
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  • TRADE AND INDUSTRY
    • Article
      ABU DHABI MISSION WANTS LOCAL TIES
      131 2 AN 18-MAN Abu Dhabi delegation flew into Singapore yesterday on the invitation of the Singapore Manufacturers' Association. Members of the delegation will visit the Singapore Fair 78 as well as meet various government bodies such as the Department of Trade. The leader of the
      131 words
    • Article
      Lock icon US corn
      26 2 Reuter THE US Agriculture Department said private US exporters reported sales of 276,000 tonnes of corn to China for delivery in the current year.-Reuter
      Reuter  -  26 words
    • Article, Illustration
      Something in store at Isetan
      389 2  -  By JOHN LIM ISETAN'S second store in Singapore will open next June at Liat Towers. Disclosing this yesterday, its director and general manager Yoshio Tsutsui said the store will have a sales area of 3,600 sq m. The total floor area of the branch store
      389 words
    • Article
      Water theme draws two exhibitions
      345 2 ASIA Marine 79, a marine industry exhibition has gathered tremendous support from both governments and private companies worldwide since the announcement of the event at the beginning of the year. The show organisers, Eurotech Managements, added that about 19 countries have reserved space for this
      345 words
    • Article
      Sidetracking to east coast
      423 2 AFTER successfully stabilising its services on the west coast the Malayan Railway is now turning its attention to the east coast, where in some places it forms the only means of transportation. Railway general manager Datuk Ishak Tadin said it is the intention of his organisation
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    • Article
      MALAYSIAN LOGS BACK ON TRACK
      317 2 THE transport of logs by the Malayan Railway from the east to the west coast of Peninsular Malaysia has returned to normal after the backlog experienced before Hari Raya Puasa in early September. The railway general manager, Datuk Ishak Tadin, said the backlog, which at
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    • Article
      Watching brief
      110 2 GUTHRIE Trading yesterday announced the acquisition of a new agency line— Technos Watches of Switzerland. The range is a complete collection of ladies' and gents' watches,from automatic to quartz. The Technos Watch Co. is a subsidiary of the General Watch Co.of Bienne.the company which produces and markets brands
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    • Article
      MEMO PAD
      475 2 COURSES AND TALKS Sept 26-Oct 12: Industrial Relations, Holiday Inn, P.O.D. Oct 6-28: The effective executive, SIM, SIM Oct 9/10; 12/13; 16/17; 23/24: Business Module 4, RELC, NPB Oct 10-11: Metallic corrosion its causes and prevention, NPB, Hotel Royal Ramada Oct 10-13: Network analysis, SIM, Sim Oct 12:
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    • Article, Illustration
      Lock icon PHILIPPINES STEELS ITSELF FOR 1982
      220 3 Reuter THE Philippines will have an integrated steel mill by 1982, according to Natural Resources Minister Jose Leido. Addressing the South-east Asia Iron and Steel Institute, Mr. Leido said the government-owned mill on the southern island of Minds mo, would eventually produce semi-finished products from
      Reuter  -  220 words
    • Article
      China to pump investment into Japan
      401 3 CHINA appears to be running short of seamless oil piping to meet the rapid progress of its oil industry development programme. Business sources in Tokyo said raring recently offered to invest in expansion of Japan's seamless oil piping production so that it can receive
      401 words
    • Article
      Arun plant expansion
      63 3 EXPANSION plans at the Arun plant envisage a doubling of the current three liquefaction units to six. Present production at Arun and Badak is exported to Japan. The agreement with the US has led Indonesian officials to express confidence that the government will be able to pay
      63 words
    • Article
      All systems won't go with low fares on peak routes
      604 3  -  By JOHN TAN THE introduction of low fares on high-density routes could lead to strains on the system and unsatisfactory service by airlines. Countries wishing to implement new policies, on low fares for instance, should, therefore, consider the total implications
      604 words
    • Article
      Lock icon Aussie deficit widens to $184 m
      179 3 Reuter AUSTRALIA'S wnmiiy adjusted visible trade deficit widened to As 72 million (SUM million) in September from $22 million in August, compared with a year-earli-er surplus of $97 million. The statistics bureau said this makes the second successive monthly deficit.The August deficit is the
      Reuter  -  179 words
    • Article
      IH will reap the benefit of new parts centre
      324 3 INTERNATIONALHarvester's parts distribution division will establish a parts distribution centre in Singapore to cater for the US company's expansion into the industrial and construction equipment markets in South-east Asia. According to IH's vicepresident James Harrington,the new facility will be managed by
      324 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      201 3 Strip a x > and you 'II know why it's the world's most advanced plain paper copier. m z.l r aft 5 1 Vm. m iS? \v "*i2fSh I i ,*V "Oft 4? a 000 < im L Clear button '-Repeat button •-Pushbutton Keyboard Electronic paper, concentrate and toner sensors
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      570 3 TWO-IH-OKE GROSSWOBD CRYPTIC PUZZLE ACROSS 1 Napoleon's game (4) 4 Located and quietly secured (6) 8 Sausage on legs (3) 10 She is duplicated (4) IS A symphony beyond mere words(B) 14 Servicemen's seminar <7) 15 A crime, possibly, In old England (6) 17 Friends in the labour party (9)
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      292 4 THE KUALA LUMPUR market closed easier with November Int. One RSS buyer quoted at 263.50 cents/ kilo, down two cents. Opening prices were unchanged and thereafter eased slightly on some liquidation and selling during the morning's trading, they said. Prices fell further during the quiet afternoon
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    • Article
      Closing prices
      31 4 Rubber: Oct 10: Singapore: Oct 258.00 cents (up 4 cents) Malaysia: Oct 263.50 cents (down 2 cents) Tin: M 51,894 (down $4) Official offering: 205 tonnes (down 15 tonnes).
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    • Article
      RAS PRICES
      369 4 R A S prices in cents per kilo yesterday: Noon (per kilo) Close (per kilo) Int. 1 R.S.S. prompt f o b. Int. 1 R.S.S. Nov Int. 1 R.S.S Dec Int. 2 R.S.S. UK/Cont. Int. 3 R.S.S. UK/Cont. Int. 4 RSSS UK/Cont Int. 5 R.S.S. UK/Cont Buyers 253
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    • Article
      SSR AND SMR
      97 4 NOON SSR and SMR prices yesterday: HAS Novo (ClIfTM ■bar *Mtfc) December (Forward Mth) Buyers Seller* Huvpri Setter* (cent* per kf) (enui per In) SSR 20 (1-ton pallet) 232.50 234.508 234.50 236.508 SSR 30 MRKLB (1-ton pallet) 230.50 232.SON 232.50 234.50N SMRSCV (1-ton pallet) 268.00 270.00N 266.50
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    • Article
      Palm oil
      74 4 CICNorth European porta, tn U8 LONDON: dollar* per ton ui nle« otherwue stated Malayaa 5% tta bulk per tonne November Sumatra 5* fta bulk October November December January February/March Nigeria 5% ffa bulk stg Monday 905 sir 935 sir •10 pd 600 pd W7Sslr 580 pd Preview 610
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    • Article
      Sugar
      352 4 RAW sugar futures yesterday opened £0.35 to £1.65 per tonne down. Turnover totalled 113 lots In London. The market was barely steady with light trade selling finding buyers rather reserved In front of postholiday opening In New York. Whites were £0.65 lower to £1.65 per tonne higher in a
      352 words
    • Article
      Rice
      91 4 BANOKOK rice prices were quoted as follows yesterday: (In US dollars per tonne. F. 0.8 basis Bangkok) White Rice: 100 pet Ist class 402. 100 pet 2nd class 387. 100 pet 3 rd class 382. 5 pet 377. 10 pet 352. IS pet 347. 20 pet 342. 25 pet
      91 words
    • Article
      Wheat
      42 4 CHICAGO wheat futures recovered on Monday from a weak opening to post mldsesslon gains of four to 1-1/2 rents a bushel. Traders said the advance came as locals covered short positions In a generally dull market characterised by little selling pressure.
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    • Article
      Produce exchange
      261 4 THE Singapore produce market was steady in quiet trading yesterday. Prices held at their overnight levels. Coconut oil and copra prices In the Philippines were unchanged from the previous day and this had steadying influences here. There were no overseas buying interest for coconut oil yesterday. Pepper dealers
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    • Article
      Coffee
      267 4 ROBUSTA futures yesterday ended the opening call in London about steady £2 higher to £9 lower. Turnover was 172 lots. Dealers said early trading was largely as anticipated with light trade buying tending to hold values steady In the absence of any lead from New York due to the
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    • Article
      Cocoa
      254 4 TERMINAL cocoa yesterday opened quietly steady with little basic 'change in London. Traders said activity was restrained in view of the holiday in New York They said the forthcoming West German and UK third ouarter grind returns could give some possible lead although most forecasts have already been discounted.
      254 words
    • Article
      Straits tin
      360 4 is THE Straits tin price in Penang dropped another j; M$4 per plcul to $1,804 i, yesterday. A large volume of tin offered by miners and e&sl- ness in London on Monday caused weakness, with local buying and a little US ln5 terest noted. L Turnover fell slightly
      360 words
    • Article
      Aluminium
      59 4 ALUMINIUM closed £1.5 up tor Three Months from £587.5 to £588 per tonne In London on Monday. The afternoon market was steady but trading was on a reduced scale. Traders attributed the morning steadiness to short-covering prompted by the trend in most of the base metals with the demand
      59 words
    • Article
      Lock icon E. Germany one of the leaders in food cultivation
      961 4 Reuter I EAST German farmers, fully collectlvlsed within a tightly-planned economy, have quietly put this communist country among world leaders In the amount of food they can grow on the land available. Only Britain and West Germany in the industrialised West
      Reuter  -  961 words
    • Article
      Copper
      235 4 COPPER wire bars on Monday rose by mostly a.5 per tonne in London. Afternoon values were well maintained in line with the trend in US futures although the strength in lead and zinc also gave support. The early morning premarket was steady on light covering prompted by a slightly
      235 words
    • Article
      Lead
      90 4 LEAD on Monday rose by £11.75 for cash and £6.75 for Three Months in London. The tight nearby position gave the afternoon market a further boost with cash trading upto £431 per tonne to widen the backwardation to £16. The morning market remained firm on further covering prompted by
      90 words
    • Article
      Zinc
      101 4 ZINC on Monday In London rose by £11 for cash and £9.5 for Three Months. Reports of covering against further sales to Russia provided additional support after lunch and Three Months traded upto £380 and the contango narrowed to around £5.5 at the close. The morning market firmed on
      101 words
    • Article
      Soybean
      293 4 CHICAGO soybean futures climbed steadily higher in the last hour of trade to close up 15 to one cents a bushel on Monday. The advances were shaved slightly at the close by scattered commercial selling, which traders believed to be pre-hedglng. Advances occured largely on a lack of consistent
      293 words
    • Article
      Gold
      506 4 THE kilo bar in Singapore opened at 5515,918 and closed at 8******. The market was featureless yesterday. Spot gold for London delivery opened at U*****.20/.50 and closed higher at U*****.30/.70. The market was cautiously quiet mainly because theHongkong gold market was closed for a public holiday. Source-Biagnuu The London
      506 words
    • Article
      Silver
      236 4 SILVER on the LME was down 1.8 to 1.5 pence per troy ounce on Monday. The afternoon market was generally featureless although prices held around the lower levels in sympathy with the trend in US futures. Morning values softened under light liquidation prompted by the fall In gold and
      236 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        369 4 THE US dollar was quietly traded on the foreign exchange market yesterday with Tokyo and Hongkong closed for the holidays. Against the yen, the dollar opened at 188.15/30 and was lightly traded around this level during morning trading. When London opened in the afternoon, however, the dollar firmed
        369 words
      • Article
        Asian & rates
        181 4 Asian rates ASIAN currency dcpo«t interbank rates u at do* on Oct 10. UBDoUar^ot 7 days 1 mtti 2 rathi 3 ml/i J mtlu 1 mtm 12 mtlu 9 1/10 .91/4 91/2 101/1« 101/1# 10 i/» .101/t 1S/1« 9 1/t 9 3/9 013/U 11V19 10 10 Sw.rn. (aUUl** Daa. 9aa)
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      • Article
        Discount
        60 4 arasisriu a 3 -month TMM 3-mom Bank jybrti 3 »/l« Hiita u/ia i S-monj ti»CD 7 1/t 7 IHCD 7 5/H 7 Nattaaal Ot.iiit c* IM. OCBC exchange rate index THE OCBC frail iirirtHil Mas far the 8b«apore dollar yeatorday faU lM par ant to 1M.C2. Tka lades la
        60 words
      • Article
        London
        282 4 THE dollar yesterday weakened rapidly against the mark and Swiss franc after opening unchanged while sterling recovered lti opening losses, dealers said* US inflation and strong monetary growth remain concerns but the morning's downward movement concerns but the morning's downward movement partly reflects a market adjustment to Monday's dollar
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      • Article
        Euro $ rates
        134 4 Euro rates THE recent slightly firmer trend in Eurodollar rates yesterday in London continued at the opening although trading was still quiet after New York's holiday, dealers said. Periods opened little changed but had a slightly higher tendency with prime name bids coming in the middle of quoted ranges in
        134 words
      • Article
        Australia/NZ
        52 4 AUSTRALIA/ NZ exchange* quoted yesterday US (Ur 1.1019/ 1.1907 Sterling 0 5885/0.5819 Ninety-day Air mall buying rate*: Sterling 0 0004 US dlrs 1.1009 Ninety-day forward buying rate*: Sterling 0 3023 US dlr* 1.1003 NEW ZEALAND 53S7 US dlr 1 0009/1 0609 raiM nW < r airmail buying ttcrUng 0.909B
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      • Article
        MLR
        14 4 TOE average rate at which Singapore banks are currently is T«2S per cent
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      • Article
        Frankfurt
        30 4 "tAWCrurr excharwaa quotes on Oct 0: US 1 9040/36 Q»n 1 (146/OS ninHLaJS ITtKSS** r Fr 44 25/35 Yen 1.0106/10 2 Pr (eon) I MI/S) S£¥J n 7&r k
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        Zurich
        80 4 ZURICH *ichtnni closing quota* on Oct f: U8 1.M»-sns atg 3 1340 13V7 Con 1 3417 3434 D Mk 831MM 1M0 r rr 3MS90 rno b rr i nn 3003 D Kr 0908 30 0534 N Kr 31. MM 3078 8 Kr M.1M7 19M Lit 0 1928 1031 Aua
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      157 4 MERLIIM CONVENTION CENTRE problems to us. Lit us take some of the load off your shoulders. ConaMec: OUR LOCATION lust outside the central business district adjacent to the HOTEL MERLIN; a short' drive will get you to the city centre. OUR FACILITIES suitable for average sized conventions of 250-300 people;
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  • OVERSEAS
    • Article
      Lock icon Protectionism between blocs
      822 5 Reuter A GREATER degree of stability between currencies within currency blocs such as the proposed European monetary system is likely although fluctuations of current magnitude between blocs will probably continue, Mr Andre Lamfalussy, economic advisor at the Bank for International Settlements said in Brussels. In a discussion
      Reuter  -  822 words
    • Article
      Lock icon Driving through pay barrier
      532 5 Reuter THE BRITISH government accepts that the Fdrd Motor Company has told the unions it is prepared to help them break the government's current 5 per cent pay policy, ministerial sources said. In a statement issued immediately after Ford's announcement yesterday that it is prepared to
      Reuter  -  532 words
    • Article
      Swiss tax denial
      75 5 A SWISS Finance Ministry spokesman declined to comment on a weekend report in the newspaper .Tribune de Geneva, that the Cabinet proposals on extra taxes on Swiss banks contain a draft law to impose a 5 per cent witholding tax on the interest paid on trustee deposits.
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    • WORLD IN BRIEF
      • Article
        Lock icon UNIONOIL FIELD
        455 5 Agencies UNIONOIL Co of Britain announced the oil production has started from the heather field 154 km east of the Shetland Islands in the British sector of the North Sea. The confirmation follows industry reports earlier yesterday that production had begun.The field was discovered in December 1973 by
        Agencies  -  455 words
    • Article
      Lock icon Swiss capital exports still in doldrums
      1037 5 Reuter SWISS capital export business in the form of bond issues and private placements by foreigners remains slack with potential borrowers still holding off for fear the Swiss franc could rise again, bond market bankers said. There has been no immediate response in this
      Reuter  -  1,037 words
    • Article
      Lock icon Car sales in Britain coasting on
      556 5 Reuter BRITISH car sales in September were a record for the second month in succession and at 132,761 vehicles beat the previous record set in September 1973 by about 9,000 cars. The Society of Motor Manufacturers and Traders(SMMT) said its September figures,2B.34 per cent
      Reuter  -  556 words
    • Article
      Lock icon UK wholesale prices rise
      188 5 Reuter UK wholesale prices rose 0.5 per cent last month following a 0.7 per cent August rise and were 7.75 per cent higher than a year ago, unchanged from the upward revised August figure, provisional Industry Department figures show. The provisional price index for materials and
      Reuter  -  188 words
    • Article
      Lock icon US budget deficit
      86 5 Reuter THE US 1379 budget deficit has been forecast at US$3B billion (SsB7.4billion) and the 1980 deficit will be substantially below that, Budget Director James Mclntyre said. Government officials have said a $30 billion 1980 target is likely. Mr.Mclntyre said his staff is studying ways to cut
      Reuter  -  86 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      622 5 ARRIVALS Service Local Operator Number Tiae From TMA TL375 0630 BEY/DXB/ MAS BOM/KUL MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MHSZI 0640 PEN MAS MHC07 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI THG423 1035
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      236 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****S CITY TEL *****55 Coll us foi vou local or on-vard reservations -IT The combined effort of many of tlieworld's best medical mindsMedical and Health Annual uytz This decade has witnessed tremendous number of new discoveries in medicine, and some of the greatest advances in
      236 words
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  • Article
    Tussle verges on a proxy battle
    388 6 THE TUSSLE between United Overseas Bank and Hong Leong Finance for control of Singapore Finance has attracted a legion of observers and arm-chair commentators who have all been only too willing to theorise on the new strategies that the protagonists may adopt. As the
    388 words
  • Article
    Oil exploration on the boil again
    227 6 THE OIL exploration industry in the region is coming alive again and there is no clearer indication than that of related manufacturing concerns coming into the Republic once again to cater to this activity. The US Baker Oil Tools' arrival on the island is
    227 words
  • Article, Illustration
    BUMPER CATCH FOR THE TOURIST TRAPS
    1806 6 The word "tourism" spells magic for many governments, not the least those in Europe. THE ECONOMIST takes a look at the big spenders of Europe, the US and Japan and their effects on Third World countries. TOURISM is more than an annual break In
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      232 6 w. tm Cream Sherry You cjon't have to pay a high price for a good Cream Sherry. Another quality product from 1 r^V-V TERRIFIC! Will k. 1 -""'i'gajaa f Vion bar !y -J Hotel Royal-RAMADX Newton Road, Singapore 11, Republic of Singapore Telephone: *****1. Telex: RS-***** Cables: HOTELROYAI Indonesian set
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      62 6 WEATHER; WEATHER outlook for Singapore from 6 a.m. to noon today: Isolated showers. Report for 24 hours prior to 7.30 pm on Oct 10 at the airport: Maximum Temperature 32.9° C Associated Humidity 02 Minimum Temperature 35o°c Associated Humidity 97 Hours of Sunshine 'i« Rainfall in Millimetres vn Total Rainfsll
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      290 6 SINGAPORE 5 3.00 PM Opening announcements followed by the Beverly Hillbillies 0 3.30 Diary of Events (Malay) 0 3.35 Bonanza 0 4.25 Intermission 6.00 Opening announcements followed J by Petticoat Junction 0 6.30 News in Brief 0 6.35 Timang Tinggi Tinggi (repeat) 0 7.05 Candid Camera 0 7.30 News and
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  • Article, Illustration
    Lock icon Parker is write on target
    887 7  -  ■y MICHAEL THOMPSON-NOEL FT THE PARKER PEN Company is rather ■pecLai. So special, in fact, that it is among the select half-dozen companies whose advertising is now being choreographed by another rather special company, Frank Lowe Ltd., on behalf of Collett, Dickenson, Pearce. When he
    FT  -  887 words
  • Article, Illustration
    Lock icon Economic growth still hinges on the population issue
    1032 7  -  By MANOLO B. JARA Depthnews Asia IN A WORLD that is becoming increasingly preoccupied with the concept of technical cooperation among developing countries (TCDC), there is one subject which some Third World policy-makers tend to avoid population. Population becomes a sensitive issue
    Depthnews Asia  -  1,032 words
  • Article
    STRAWS IN THE WIND
    378 7 DAVID Marshall's arrival at France as Singapore's ambassador resulted in a tiny filler in one of France's two leading newspapers this, apparently, was one of the only two news items on Singapore to appear in all of two years. And it ended with the terse comment
    378 words
  • Article
    Sime controversy
    307 7 Letter to the Editor I READ with great Interest Mr. Kenneth Chew's letter published on page 7 In yesterday's Issue of the Business Times. As a shareholder, I agree entirely with him. An examination of the Information Even on Page 425 of The Companies Etndbook published by the
    307 words
  • Article
    Singapore has finally arrived
    963 7  -  [FOBEMi f ...on development •y JOHN TAN LAST week, two SlngaKoreans were accorded the onour of delivering key addresses at international meetings. First, Mr. Devan Nalr, secretary-general of the National Trades Union Congress, spoke to Sri Lankan unionists about the urgency of modernisation. Later, Prime Minister
    963 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      391 7 Sr? >- w mww*m m.*omrf\ HKpfJ *-|7 a& f %*i *fJ« ifTrT 4 PP"; J »H|* J; H I «j|- fsf*> vv: a; v" New Japanese Restaurant KIKU^p serving authentic a', Japanese food leppan \ikki ltm|xira Shashimi *sukivaki *Shabu Shabu KIKU JAPANESE RESTAURANT ORCHID INN Te: *****2 214 Dunearn Road
      391 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Sharply higher
      1200 8 NEW YORK A RALLY by glamours and blue chips on Monday drove stock prices sharply higher In light trading as concern about further increases In Interest rates took a back seat. Analysts said the technical strength of the market got an added lift from the slightly firmer tone
      1,200 words
    • Article
      Lock icon UNION MINIERE PROJECT GOING WELL
      162 8 Reuter UNION Mlnlere SA said work on the oracle ridge project, developing a copper ore body In Arizona, has progressed steadily and more than 2,133 metres of underground work has been completed at the mine. Production Is planned to start at the beginning of 1980
      Reuter  -  162 words
    • Article
      Jo'burg
      304 8 OCT M Rand INDUSTRIALS A Alpha Abercom AE And CI AMIC Barlow* Cf Sugar CNA Currte Finance De Beer* Ind 128B 200 330 1050 420 MS 210 87 1250 +3 unch unch -3 10 unch -25 Edcon Edgars Eveready Fed Volk Fuglt Oardlan Glenanl Gratemn 300 3400B 1MB 190
      304 words
    • Article
      Closures
      31 8 TORONTO wtt closed on Monday for Columbus Day. On the Asian side, Tokyo and Hongkong were closed yesterday. Tokyo was closed for Physical Education Day and Hongkong for Chung Yeung.
      31 words
    • Article
      Lock icon Houston Lighting, Westinghouse settle suit
      454 8 Reuter WESTINGHOUSE Electric Corp said it and Houston Lighting and Power Co, acting as project manager for the south Texas project, reached final agreement on a uranium supply lawsuit brought by the utility. The pre-tax cost to Westinghouse of current and future obligations Involved in
      Reuter  -  454 words
    • Article
      FERODO TO RAISE CAPITAL
      102 8 SA FRANCAISE du Ferodo said It will raise Its capital before the end of this month, but the methods for doing so have not been decided yet. Ferodo said the capital rise will enable it to make acquisitions to complete Its Ducelller deal with DBA. It
      102 words
    • Article
      Lock icon Sharp plans mark bond
      40 8 Reuter NOMURA Securities Co Ltd confirmed Sharp Corp's plan to issue a 150 million mark convertible bond In November. Nomura will be lead manager for the Issue. However, It declined to elaborate on the issue plan.
      Reuter  -  40 words
    • Article
      Paris active
      546 8 EUROPEAN MARKETS THE PARJS market was slightly firmer In active trading on Monday^ The slight strengthening was partly a result of the psychological boost given by the reduction In the French call mow rate to #-7/8 from 7 per cent, the first time it has been below that
      546 words
    • Article
      Paris
      265 8 OCT W Frs t'ORBEILLE Alr-Li qulde 379 B S N Oervals Danonr 605 CSFtThomsonCsf) 420 Cle Francaise des Petroles 141 50 Compaitnle Flnanclere Compagnle Oenerale 429 Credit Foncler De France 409 50 Hachette (Libralrle) 270 Machines Bull 57.90 Mlchelln(B) 1465 Panbas 213 50 Pechlney Clglne Kuhlmann 106 Peugeot 529
      265 words
    • Article
      Milan
      106 8 oct m Lire Ante 82 unch Assoc Gen ***** -150 BastofO 851 -10 Centrale 5510 -141 Flat 2977 -72 Ftnslder 186 75 -1.25 Gen Immob 86 -8 IFI Pri 2710 -40 Italcementl ***** -530 Italgas 790 25 -14.75 Italsider 367 -12 Magnet i M Pf 535 -2 Mare III
      106 words
    • Article
      Frankfurt
      154 8 OCT M Dm Aef-Tele(unken Akso 28 20 -04 All* Leben Allz Vers SIS unch BASF Bay H T Wbank 304 ♦5.1 BuyVbank 3 SOB Bayer BBC 316 -1 BMW Cassella 411 -1 Chem Verw 284B Com men bank Conti Oumml Daimler-Benz Degussa 206 -2.5 Demag Deutsche Bank Dresdner Bank
      154 words
    • Article
      Brussels
      92 8 OCT W Fr» FORWARD MARKET Acec 450 4-10 Arbed 2450 unch Astur 758 unch Brascan 484 ♦4 Bru-Lamb 1620 -20 Canpac 838 unch Cock 458 -4 De Beers 210 -4 Ebes 2320 10 Electrobel 8840 unch Ob-Inno-Bm 2475 -15 Gev 1452 -22 Hobok 2800 unch Petro 3845 -45 Ryl
      92 words
    • Article
      Amsterdam
      169 8 OCT Fit ABN 374.00 •l.S Ahold 118 00 1 Akzo 31 ao -0 8 AMEV 88 80 -0 8 Am fas 113.SO unch Amrot Bank 78 20 ♦0 2 Bergoss Berk Bob 75 00 *0.4 BorsumiJ Burhmann Byenkorf 97 00 -0 3 Calve Delft Deli MlJ 122 00 ♦0.3
      169 words
    • Article
      Zurich
      182 8 OCT W Francs Actions Suisse* 285 -1 Alusuisse Br 980 -10 Alusuisse Reg 446 •4 Brown BovenBr 1535 unch ClbaOetgyBr 930 -25 CibaOelgy PC 67S -30 CibaOelgy Rec 551 Credit Suisse Br 2190 -40 Credit Suisse Reg 415 -10 Elektrowatt Br. 1785 -10 George Fischer Br 560 +5 Globus
      182 words
    • Article
      Sluggish trading
      398 8 SYDNEY THE market yesterday closed weaker In sluggish trading on lack of oversets support, dealers said BHP closed six cents down at A 58.56 while the uraniums led a generally weaker mining sector. Pancontlnental tell SO cents to 912.70 and Peko dropped 18 cents to $5.80. The Bank
      398 words
    • Article
      Bangkok
      215 8 Oct I* Bakt Bangkok Bank Bank of rn unch Ayudhaya Ltd 266 -6 ThaiDanu 382 unch Thai Farmers Bank 35# -4 Thai Commercial Bank 742 unch Bangkok Metropolitan Bank 5.820 Industrial Finance Corp 2.555 unch General Finance 388 12 Bangkok Investment 334 unch First Trust 360 unch Raja Finance
      215 words
    • Article
      Manila
      109 8 OCT I* Pesos Acoje Mining 0115 -0 0005 At Lis Con A Altai Con B 23 40 ♦0.2 BaiiUio Gold 015 unch BennuetCon B 41 50 unch BF Goodrich 26 25 1 25 CDCP 29 50 unch Inco B Landoil 018 -0 0005 LepuntoB .2050 ♦0 006 MurinduqueB 7.90
      109 words
    • Article
      Selected indices
      62 8 FINANCIAL TIMES Friday 82S 10 82S INDUSTRIALS H.K. HANG SENG Monday 510.2 Friday 503.0 618 68 Week Ago 499.2 A an *99 M DOW JONES AVERAGE SYDNEY INDUSTRIALS INDUSTRIALS Tuesday 409.80 Monday 893 19 472 11 Friday 880.02 471 45 Week Ago 871.30 ALL ORI MNARIES LONDON DOLLAR
      62 words
    • Article
      The classified adman's paper
      528 8 THE LOS ANGELES Times boasts that It 1* the world's leader in classified advertising. With well over five tnllTion small ads a year, It is not a brag anyone Is likely to dispute. Weekdays, it carries a minimum 20 pages' of tlnies, and a good Sunday
      528 words
    • Article
      CHICAGO BOARD OPTIONS
      1714 8 October 9 CHICAGO Board Options Exchange volume expanded to 124,141 contracts on Monday from 106,129 last Friday. OPTIONS JLY OCT JAN 8TOCK Alcoa 40 111/4 111/2 UNTRD •11/4 Alcoa 49 01/4 73/8 •11/4 Alcoa SO 13/4 41/4 91/4 •11/4 Am Tel 55 9 9/8 UNTRD UNTRD •41/3
      1,714 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      84 8 UNfTED CHASE MERCHANT BANKERS *«SE#SR*T:fri«fcß) ANNOUNCEMENT Further to the announcement dated 9th October, 1978, the Directors of United Overseas Bank Limited are pleased to announce that a Notice of Takeover Offer, in accordance with Section 179, Companies Act, Cap. 185 has been served on the Board of Directors of Singapore
      84 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Dutch firms see decline in earnings
      324 9 QUOTED DUTCH companies in the Industrial, trading and transport sectors saw net profits fall by 7 per cent in 1977 on turnover 6 per cent higher than the year before. The fall in trading profit was nearly 11 per cent, but this was partly
      324 words
    • Article
      Credito Italiano in HK
      46 9 CREDITO Itaiiano, one of Italy's leading banks, will establish a regional representative office In Hongkong before the yearend, Dr Mario Rivosecchi, managing director of Credito Itaiiano, said. Credito Itaiiano will be the first Italian bank to have its own office in Hongkong.
      46 words
    • Article
      Hambro enjoys lively business
      240 9 BUOYANT new business Is reported by Hambro Life Assurance over the first half of this year, with new annua) premiums up by 45 per cent to €17.6 million from €12.1 million and single premiums 42 per cent higher at €32 million, compared with €22.5 million. New
      240 words
    • Article
      Lock icon HK and Kowloon Wharf increases payout
      224 9 Reuter HONGKONG and Kowloon Wharf and Godown Co Ltd announces an Interim 1978 dividend of 15 HK cents (12). Books close Oct 21 to Nov 3. Profit after tax but before extraordinaries came to $49.3 million ($34.1 million) tn the six months to June
      Reuter  -  224 words
    • Article
      Lock icon JAMES HARDIE CEMENTS ASANO DEAL
      83 9 Reuter JAMES Hardie Asbestos Ltd unit, James Hardie and Co Pty Ltd, said it signed a three-year contract to supply asbestos cement Siroduct to Asano Slate Co or resale In Japan. The contract quantity Is open-ended, depending on Asano's success in marketing the products. It
      Reuter  -  83 words
    • Article
      Lock icon Packaging unit disappoints Cope Allman
      548 9 EUROPEAN FT WITH TURNOVER some 9 per cent higher at £158.91 million pre-tax profit of Cope Allman International ended the July 1. 1978. vev down from £9.97 million to C 9.18 million. Last year's record profit Included a C 394.000 exceptional and non-recurring profit. Directors
      FT  -  548 words
    • Article
      Lock icon Beecham gives up plan to build Irish plant
      295 9 Reuter AFP BEECHAM Group Ltd said it has cancelled plans to build a €18 million pharmaceuticals factory at Ballycasey in the Irish Republic. The cancellation follows opposition from local residents who are seeking an injunction to prevent work starting. The case has
      Reuter; AFP  -  295 words
    • Article
      Lock icon CBC discloses reserves
      195 9 r ASIAN Reuter THE COMMERCIAL Banking Co of Sydney Ltd (CBC) had A 531.5 million in undisclosed reserves and other provisions at its June 30 balance date. The chairman Mr. Robert Crichton-Brown said CBC is the first listed bank to disclose inner reserves since trading banks recently
      Reuter  -  195 words
    • Article
      Lock icon Matsushita raises sales forecast
      258 9 Reuter MATSUSHITA Electric Industrial Co Ltd expects 1978 earnings and sales to be higher than the previously forecast 85 billion yen and 2.05 trillion yen respectively. Executive vice-president i Mr. Masajl Hino said the company earned 78 billion yen and had consolidated < sales of 1.9
      Reuter  -  258 words
    • Article
      Lock icon Chrysler adopts new name in Manila
      193 9 Reuter CHRYSLER Philippines' has adopted the name Canlubang Automotive Resources Corporation, or Car in a move which its chairman, Mr. Jose Yulo, described as more accurately reflecting the Filipino personality of the company's ownership and management. Formal acceptance of the new name was reached
      Reuter  -  193 words
    • Article
      Lock icon STC of India hopes to raise exports
      203 9 Reuter THE STATE Trading Corporation, STC, of India hopes to Increase exports to around 6.5 billion rupees this year following a 16 per cent fall to 5.57 billion in the year to March 1978. The chairman Mr. S.C. Bhattacharjee said imports rose 66
      Reuter  -  203 words
    • Article
      Lock icon Nikko sets up unit
      49 9 Reuter NIKKO Securities CO Ltd said it has set up a whollyowned subsidiary, Nlkko (Schwels) Flnanz AO, in Zurich, Switzerland. Capitalised at two million ranc3 the new firm will engage mainly in securities transactions, taking the place of Nlkko's Zurich representative office, it said. Reuter
      Reuter  -  49 words
    • Article
      Ballast-Nedam predicts major profit advance
      246 9 BallastNedam predicts major profit advance STRIKING Increases In sales and profit are forecast for 1978 by the Dutch construction company, Ballast-Nedam In its interim statement, the company said It expected net profit to rise by 36 per cent to around Fl 24 minion this year while turnover is expected to
      246 words
    • Article
      Daimler bid to raise capacity
      49 9 DAIMLER-Benz AO plans investments totalling seven billion marks between now and 1982, mainly to increase capacity at Its car plants, managing board member Mr. Heinz Schmidt said. He said production capacity should be around 450,000 per year by 1982, but gave no further details.
      49 words
    • Article
      Myer incurs first profit setback
      324 9 MYER EMPORIUM, Australia's largest department store retailer, experienced a 13.8 per cent downturn In group profit, from A 544.65 million to $38.49 million In the year to July 31, but directors believe that there could be an Improvement In the current year. It Is the
      324 words
    • Article
      Lock icon Toyo Kogyo steps up US exports
      174 9 UPI TOYO Kogyo Co Ltd said it is stepping up shipments of its rotary-engined RXseven sports car to the US to meet growing demand for the model there. Shipments In the twomonth September-October period will total 7,000, compared to 14.000 in the fivemonth April-August
      UPI  -  174 words
    • Article
      Lock icon MITSUBISHI DRESSES UP
      107 9 UPI MITSUBISHI Corp will shortly begin Importing women's dresses designed by Charlotte Ford, grand daughter of the late car tycoon Henry Ford. A Mitsubishi spokesman said the dresses will be sold beginning next April through Mlsakl Shojf Co Ltd. a dress sales firm baaed in Osaka prefecture.in
      UPI  -  107 words
    • Article
      Lock icon Amic takeover ties in with Merrill plan
      548 9 N.AMERICAN j Reuter INSURANCE companies, traditionally good cash producers, are being snapped up these days by capital-hungry, cyclical businesses like brokerage firms. So It was hardly a surprise earlier last week when Merrill Lynch and Company announced It is holding merger talks with
      Reuter  -  548 words
    • Article
      Lock icon US chain stores score higher sales
      221 9 Reuter THE biggest chain stores in the US today posted higher sales in September, led by the J.C. Penney Company's 17 per cent increase. Penney, the number 3 retailer of genera) merchandise. said however, the Increase to US$99O million for the five weeks which
      Reuter  -  221 words
    • Article
      Lock icon Xerox introduces copiers
      129 9 Reuter XEROX Corp said it is Introducing two new copiers, a low-cost model, the Xerox 2600, and the multi-featured Xerox 3109. Xerox said the 2600 copier is designed for users who want the features and quality of a plain paper copier, although they do not have high
      Reuter  -  129 words
    • Article
      Pemex, Japan in crude oil talks
      396 9 THE MEXICAN stateowned oil company, Pemex. Is to start negotiations with Japan to sell crude oil. Japan is potentially a very rich market for Mexico with its rapidly expanding oil wealth given that it has to import virtually all its oil needs. Mexico exported
      396 words
    • Article
      BA places £7m order with Amdahl Corp
      360 9 BRITISH AIRWAYS (BA) which has used IBM computers for 15 years, turned its back on the company with the announcement of a 17 million order for computers from the US Amdahl Corporation. The Amdahl computers will cost the airline CI million less than
      360 words
    • Article
      Consolidated Bathurst sells 10pc stake in Price
      231 9 CONSOLIDATED BATHURST. the pulp and paper arm of Power Corporation of Canada has sold it* 10 per cent interest in Price Company. the Quebec City pulp and paper firm to Abitlbi Paper Company of Toronto for Just over Cs23 mUllon. Abitlbi will later
      231 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      39 9 a division of ilu Rll< -.11 PERKINELMER helping people the world over succeed with computers Let us help you, write or ca«: Perfcin-Elmer Data Systems (Far East) Private Limited 30th Floor. UC Building. Shenton Way. Singapore 1. Tel *****49
      39 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1186 10 HID and off#r prlcw officially Hated and buataaaa in and reported to Um Stock Exchange of Singapore yeaterday with the number of shares traded shovn in bracket* In lote of l.Mf unite otherwise (pacified. All Time Settlement Contract* are quoted after the word "sstt." Big Boa-rd deal (in
      1,186 words
    • Article
      Government bonds
      101 10 4 1/1% 1/VB6 (250,000) (99.408 99.808) 4 3/4% 18/9/88 250,000) (99.508 100.008) 8% 18/4/81 (250,000) (100.108 100.208) 8% T 9 1/1/83 (250,000) (4) 100.20 8 9/4% T F IWBI-84 250,000) (102.008) 7% l/MB (250,000) (100.708 100 858) 7 1/4% 18/4/88 250,000) (100.75B) 7 1/4% 18/18/88 250,000) (100.75B) 7
      101 words
    • Article
      Stock options
      134 10 BTRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday with the number of options traded shown in brackets. Cay Btara«a (Doe 82.38) (0.488 6.848). CudC (Dae 84.46) (1.368 IMS). FaadN (Doe 84.88) (1.888
      134 words
  • Article
    SHARE INFORMATION SERVICE
    2452 10 1978 High Low Company Last Sale +orGr's DW Div CWr Gr's* Y'ld Net P/E Vol C006) Day High Low SECTION ONE i INDUSTRIALS 272 238 178 210 275 f 111 276 326 245 660 132 123* 112 133 195* 60 162 173* 140* 256 Acma Alcom Allied
    2,452 words
  • Article
    Unit trusts
    140 10 8INGAPOU UNIT TKUWTT INCOME BOND UNIT 1 atM krOMIIO* 11) V neeei TheCommerc* 1.18 2.30 INCOME BOND 1.13 1.13 The Smvlnc Fund S'por* Frog Fund 8 port Security 1.41 1.43 1 03 1.MM MAMA SUMmrntA FUND 1.33 3.01 First Bumiputrm 3.13 3.30 S'por* Invert Fund 1.33 1.43 Second
    140 words
  • Article
    In Kuala Lumpur
    1494 10 BID and offer prices officially luted 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. MBUSTBIALS Ami (S.SSB S.tOS). Alaani (1 MB) XD Alas MMS (1.S88). A
    1,494 words
  • Article, Illustration
    Share prices drift lower on lack of interest
    754 10 Stocka drifted lower la the abaeooe of buying latere* t on the Stock Exchange of Singapore yeotae ,i. ditiona) offer by United Overaaae Bank for the aharea of Singapore Pi nance that it doaa not already own, failed to fuel nuu-ket interact.
    754 words
  • Article
    Weak sentiment contrary to expectations
    446 10 THE Kuala Lumpur Stock Exchange yesterday closed easier in dull trading. Contrary to expectations of further improvement In market trend attributed to the KLSE buying-ln orders, trading prevailed In a mood of uncertainty. Following a barely steady opening. price movements were relatively sluggish. By the
    446 words
  • Article
    No tin fields for Larut
    88 10 LARUT Tin Fields has been unsuccessful In flndlnt workable mining lands for Its wholly-owned subsidiary Syartkat Hasllrs mining equipment since mining operations of the subsidiary ceased at the end of January last year. In a statement to shareholders. the directors say various means have also
    88 words
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  • COMPANY NEWS
    • Article, Illustration
      Hume (FE) growth hinges on Malaysian operations
      1225 11  -  By ARTHUR NG ANY incremental profit growth to be obtained by the Hume Industries (Far East) group will hinge heavily on its Malaysian operations. This is the indication given by chairman Michael Fam in his latest annual address. The Singapore operations, which are
      1,225 words
    • Article
      DIVIDENDS ANNOUNCED
      571 11 Current Ex Books Date Total for Total for Payment Date Close Payable tbe year Previous year Hume FE 74* Sept 22 Sept 29 Oct 16 124* 10* Guthrie 2*1 3ept25 Sept 30 Oct 9 2* 1* M Breweries 18* Oct 16 Oct 23 Oct 28 26* 23* GE
      571 words
    • Article
      SCRIP ISSUE
      169 11 Coapaay Particulars Ex Data Books T«ai«rloh MBS Htriam loUatu Car la barf Pab. Baas SralWtk Raaiaa Pabar Merlia Bonus Issue of 1 for 6 Bonus Issue of 1 for 5 Rights Issue of 1 loan stock for 2 ord.shares Bonus Issue of 1 for 4 Bonus Issue of
      169 words
    • Article
      Hume (M) sees strong recovery
      702 11  -  By JIMI NGOH HAVING recovered strongly last year from the difficult trading conditions experienced the previous year, Hume Industries (M) is confident of prospects for the year ended June 30, 1979. In his annual report to shareholders, chairman Tan Sri Dato Taib bin Haji Andak
      702 words
    • Article
      Inch KK reports pre-tax loss of $75,000
      336 11 AFTEB aeeiag Mi pre hi praflt ina by taV laat year to tMIJM, lack Keaaeto Kajug SaMer, a ■all Brltlah-baaed plaataltaa etaiaay q Bated aa toe KLSE rapavtai a pup pre tot lan af 175,777 (£11,10) far toe Brat half-year eaM iaae SI,
      336 words
    • Article, Illustration
      'Dumping' cuts Khong Guan's margins by more than half
      433 11 SEVERE pressure on Khong Guan Flour Milling's margins caused by increased competition in Singapore had a crippling effect on its profits for the financial year ended last April 30. Group sales only inched forward to $22.46 million from 122.01 million previously,
      433 words
    • Article
      API Iosses despite higher sales
      329 11 THE trail of losses that has characterised the performance of Associated Plastics Industries since 1975 continued to run unabated during the first-half of this year, as the latest figures from the company for the six months to end-June show. Despite sales picking up 21 per
      329 words
    • Article
      COMPANY MEETINGS
      255 11 SOUTHERN Klata Caasattdated(M) Bfcd: AGM to be held at Wisma Bunga Ray a, 152, Jalan Ampang, Kuala Lumpur, at 11a.m. on Oct 16 Gllaal Jite aad Textile Mllla(M) BM:AGM to be held at 2-F, Chartered Bank Chambers, Beach Street, Penang, at 11a.m. on Oct 19. CaMalldated Ptaatatlens Ltd:EOGM
      255 words
    • LATEST RESULTS
      • Article
        BATU Lintang Rubber Co:
        45 11 Pre-tax profit $3.24 million ($2.70 million) for the year ended June 30,1978. Gross sales revenue $13.76 million ($12.88 million). Proposed final dividend 10 per cent (7-1/2 per cent) making a total of 15 per cent (121/2 per cent) for the year.
        45 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      185 11 Salesmen: Get nere re si Its! DEVELOP MORE SELLING CONFIDENCE. OALI CA.HICII CLOSE MORE SALES. e MAKE MORE MONEY. Every UMlon of Mm Dai* Carnegie Mm Coeraa brims ax B Ml Mr* «f jtmt pstact* Mmn This action-packed Sales Course helps you: DALE CARNEQIE SALES COURSE INSTITUTE OF SUCCESSFUL LEADERSHIP
      185 words
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  • Article, Illustration
    Mild slump sighted on US horizon
    840 12  -  By SOH TIANG KENG A TOP American economist, Dr. Beryl Sprlnkel, yesterday predicted that the US economy will run into a mild recession next year. But this economic slowdown will not spread to other parts of the world. He ruled out the i possibility
    840 words
  • Article
    Former bank manager gets 3 years for CBT
    254 12 A FORMER assistant bank manager was sentenced to three years' jail yesterday after he pleaded guilty to criminal breach of trust involving $200,000. Thio Kheng Kee, 53, was charged in a district court on eight charges of CBT from Sept 1972 to
    254 words
  • Article
    Lock icon Precise targets for wages and prices
    503 12 Reuter THE Carter Administration's new anti-inflation programme will probably set precise wage and price targets for industry and labour. Mr. Robert Strauss, the President's chief inflation counsellor, said at the annual convention of the American Mining Congress that while details of the programme have
    Reuter  -  503 words
  • Article
    Lock icon NZ GSP FOR CHINA
    167 12 Reuter NEW ZEALAND'S Overseas Trade Minister Brian Talboys announced yesterday that New Zealand would acr cord generalised preferential tariff treatment to China from Friday. Following talks in Wellington with Chinese Minister of Foreign Trade Li Chiang, Mr. Talboys said he had been given assurances that China
    Reuter  -  167 words
  • Article
    LONDON STOCKS
    818 12 LONDON, Tues. Shares closed mixed in light business today, dealers said. At 3 p.m., the Financial Times Index was down 0.1 at 510.1. Prices firmed initially, reflecting a favourable reaction to developments in pay negotiations at British Ford and BOC International but they later slipped on the lack
    818 words
  • Article
    Lock icon Directive on company mergers
    219 12 Reuter AFP JUSTICE ministers of the nine Common Market countries have approved a new community directive aligning national laws on company mergers and setting out rules for keeping shareholders informed and safeguarding their Interests. They have three years to adapt their own national legislation to the
    Reuter; AFP  -  219 words
  • Article
    Probe on share rigging
    88 12 THE Securities Exchange of Thailand (SET) has been instructed to investigate whether the high prices of some stocks are due to manipulation. Deputy Under-secretary for Finance VlroJ Laohapandhu said senior executives of the exchange were called in for consultations with Finance Minister Suphat Suthatham last week
    88 words
  • Article
    Lock icon Tokyo investors keen on America
    375 12 UPI AMERICAN businessmen trying to encourage Japanese Investments in the United States are satisfied with results of their talks with Japanese business leaders. The investment group of a large U8 trade promotion mission found that a substantial number of Japanese enterprises in western Japan has
    UPI  -  375 words
  • Article
    Lock icon SENATE TAX CUT TERMS
    186 12 Reuter THE US Senate voted to slash individual income taxes by a total of US$l42 billion (***** billion) over four years but only if Congress curbs Federal spending. The tax cut to take effect only if there were spending restraints and a balanced budget by 1982
    Reuter  -  186 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      134 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we a re, quoting the following for Singapore Dollar term deposits up to *****.000 .1 month 5%S p.a. 3 months 6 <m, p a 6 months 6%S p.a. 9 months «*%p.a. 12 months 6'/.% p.a. Savings
      134 words
    • Advertisement
      Page 12 Advertisements Column 2
      178 12 If your employees are insured against death and disablement, who'fc helping you pay costly medical bills for illnesses and accidents ml so' The Overseas Assurance Group Personal Accident cum Hospitalisation Policy for employees. Now, here's a very generous yearround 24-hour programme that gives your employees total coverage in accidental death,
      178 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Shrinking orders
        112 13 AFP ORDERS to yards for new ships will continue to shrink until 1980, but there will be a gradual recovery from next year, the Association of West European Shipbuilders (AWES) said in a study. AWES experts said that world demand would reach a new minimum of 8 million
        AFP  -  112 words
      • Article
        Lock icon Freight indices
        62 13 Reuter NORWEGIAN Shipping News announced its worldwide freight indices for September, with August comparisons: Dry cargo single voyage charter 140.6 against 13 5 and time-charter 138.8 versus 189 9 Tankers VLCC/ULCC 35.9 versus 31, medium crude earners 64.1 vs 64.8, small crude and product carriers 103.5 vs 103.8,
        Reuter  -  62 words
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        Lock icon Court action
        75 13 AFP THE Liberian Star sea trjfnsport company has started an action in the high court in London to free its bulk carrier "Camillem which the British National Union of Seamen has held up at Glasgow since Sept 10 over a "flag of convenience dispute. The union is demanding
        AFP  -  75 words
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        Lock icon Importing workers
        56 13 Reuter HONGKONG'S shipbreakers are keen to import workers from the Philippines to cope with the flood of work that the booming industry has at the moment. But a spokesman for the shipbreakers' association said: "We still have to contact the Hongkong government and there are a lot of
        Reuter  -  56 words
    • Article, Illustration
      NNL plans to ply the Far East
      645 13  -  By RAHIM KASSIM THE Nigerian National Line plans to join the lucrative Far East-West Africa, and possibly Far East-Europe, trade route sometime in the first quarter of next year. For this purpose the line has despatched two of its members to tour the
      645 words
    • Article
      Brinkerhoff completion
      101 13 BRINKERHOFF Maritime Drilling Corp. vice president D.G. Lansford announced that the "Brinkerhoff II" drilling tender platform rig package will be completed by Sembawang Shipyard by mid-October with christening ceremonies set for this Saturday. The "Brinkerhoff 11"" conversion (previously Glomar IV) was designed and built by the Singapore based
      101 words
    • Article
      INDEX
      485 13 Shipping Page c* Aconas m 2 ACS n 5 Afea IV 2 Alpac ANL IV i 5 1 APL m 2 Anhsing n 5 Arya Nat n 5 ASCL in 5 Angkutan in 4 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia ra 3 Ben EAC
      485 words
    • Article
      OCEAN SELLS 7 LINERS
      369 13 OCEAN has sold seven more cargo liners, all for further trading. They are Egori (8,300 grt) and six of the group's eight 12,100 grt "P" class ships, built in 1966/67. Egori, built in 1957, has been sold to A 1 Khalifa and Mirchandani Shipping Co. of
      369 words
    • Article
      Dubai to have new container terminal
      191 13 CONSTRUCTION of a new container terminal at Dubai's Port Rashid will be completed by April 1979, according to a report from United Arab Shipping Co. (UASC) in Tokyo. The terminal, designed for a yearly throughput of 200,000 TEUs, will be fully integrated within the
      191 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3778 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
      3,778 words
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      The Consortia
      109 17 The major shipping consortium operf ating between the Far East/Europp and Straits ports/Australia and tire member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line Australia/Straits Container Line Nedltoyd Lines Neptune Orient Lines
      109 words
    • Article
      Container Schedules
      1167 18 IMPORT FCL CONTAINERS EX CONTAINER VESSELS AT CONTAINER TERMINAL DATE: Vessel's Name Jane Bouty American Venture President Harrison Chevalier Valbelle Pegasus Pride Bunchesteln Cardigan Bay Maersk Mondo Kranaos Maersk Rando Francesca i Opal Bounty r Maersk Mango Neptune Pearl t Takarin Bunga Angsana Songkhla Columblaland in TT Transtainer
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    • Article
      Lock icon Dutch launch new dredger group
      428 18 FT AGREEMENT HAS been reached on the setting up of a Dutch dredger-building group with an expected annual turnover of 500 million florins (about Sss2o million). The new group, which is being formed as part of a radical restructuring of the entire shipbuilding industry in
      FT  -  428 words
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      Lock icon London freight market
      232 18 AP North American grain regained some volume on the London freight market on Monday, as did the timecharter section. With support afforded by both the sugar and ore markets, overall chartering looked considerably more buoyant. Chinese charterers continued to lift US Gulf grain, this time arranging 42,000
      AP  -  232 words
    • Article, Illustration
      SHIPS IN PORT
      441 18 EXPECTED ARRIVALS TODAY PASDt PAN JANG WHARVES Builder D 0600 after Sri Liku 685—750 CBI Gdn 302 Bonanza 0700 after No 1 Kendari 1023-1124 CB4 Gdn 303 Kenari 0600 1138-1207 CBS Gdn 303 Selamat Da tang 0600 after Gulf Prosperity sails andFalisa hauled to CB7 1215— 1277
      441 words
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      WHO ACTS FOR WHOM...
      634 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. .Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer GMBH— Intermodal. Algerian National Line (CNAN)—Uni pacific. Alpac Line—lntrasea. Anhsing
      634 words
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      Ship trade faces long period of attrition
      314 18 THE SHIPPING industry is not on the verge of dramatic company collapses, but faces a long period of attrition as the recession continues into the 1980s, a leading shipping banker said. Mr. Roger Parsons, director of ship finance with Grindley Brandts, said the
      314 words
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      380 13 direct diversified dependable SERVICES TO/FROM USA AND CANADA Ag«nts Barber lines S.ngapore Pie Ud Tel ***** P^',? n L 4^' OS ,d KU Lum P°' MH./I as-MISC Penang Tel ***** AR I) I\ I AMAH Orient Overseas ContcmeA Line FULLY CONTAKRISED SERVICE FROM EUROPE (VIA SUEZ I ORfNTAL RESEAROCI NEPTUNE
      380 words
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      Page 13 Advertisements Column 2
      301 13 sail ifSI SEALORD ANTAI fiv UASC UNITED ARAB SHIPPING CO (SAG) essel S pore Loading for 6.38/39 Oubai (22/10). Damm (26/10). Kwt (1/11). Shuaiba (5/11) 30/10 Dubai (11/11). K Dhabi (14/11), Doha (16/11). Bahrain (18/11), Damm (20/11). Kwt (22/11) Muscat. CKibai. A Dhabi. Doha. Damn. Bahram. Kwt (21/9) Dammam Kuwait
      301 words
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      Page 13 Advertisements Column 3
      730 13 r LAND FOLL CONTAINER SERVICE TO JEDDAH BOOKING TEL: *****22 For US Ppcitic Gull a Atlantic anq East Canada (Also accepting lor Hongkong Taiwan japan anq Korea) FULL* CONTAINERISED FAST DIRECT WEEKLY U/ll 13/11 14/11 Sryndbw 22/11 M/ll Atoert II 27/1| 24/14 Arfea II •Of IS Oct 0600 brs *CF$
      730 words
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      720 14 FUIY CONTMOSED TO EUROPE CitT Hi■» Oukj Sly lnw UpMi Kwaaa thru Realm Ist EXPRESS CONVENTIONAL TO EUROPE S'pari PKetoni Na Mo Geaea 22/10 8/11 Smmb 17/10 13/11 MMi 24/11 25/11 12/12 M—lrtaM 4/12 5/12 22/12 FULLY CONTWOISED TO GEMOA/TWESTE S'per* P. (ataaf Gmm HrtatoNm 21/10 22/10 14/11 »riii 1/11
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      377 14 ir www« Ti barber blue seoC US ATLANOC US GULf 1 EAST CAMOA Oct 19/29 Mr 5/6 jj/jj odzz/M toi/i j; rj; 00 vm IT *•> IN 13/14 m/K Oct 31 Mn IS Taftytay *S*afkMa I Imm !*br|Wki (EAC) (EAC) (EAC) m 23-29/16 w W /L \iPRfSS ARABIAN ANO IRANiAN
      377 words
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      Page 14 Advertisements Column 3
      612 14 Y Y Y Y Y y Vessel tflfflfil n 11AM tiiA Arrives/Departs 7 00 PM ZUSt* ySSL I® 001 13/13 OCT 11 WORLD TIGER Vll oct 20/21 OCT is WORLD LION Vll oct 26/27 oct 25 WORLD TIGER ¥12 nov 2/3 NOV 1 WRECT SERVICE TO MD-EAST DRY/REEFER CONTAINER SERVICE
      612 words
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      1152 14 Everett Lines IH Bmhm Fivt Star Shippiiif Carpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON S!£cs2l 12/13 Od 21/22 Od BF S.S C. Agents in Malaysia TEPS MALAYSIA Port Ketang Tel (38) 7355 Penang Te) *****/***** Campania Arfaatim Da Navaaaaiaa Intarcantinantai S. A. C.I. F. "ARGENTINE NATIONAL LINE" LMOHG FOR DURBAN
      1,152 words
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      Page 14 Advertisements Column 5
      708 14 i rill 1 Tnlii'l SANKYO LINE AUSTRALIA SERVICE TUEBW-. TWEE SIM SEMMXM MIT CMP.... 19/20 OCT 11/11 OCT SVD. ML. NXL n/» OCT 31/31 OCT SYD. MEL. MEL 1/ 2 NOV 3/ 4 NOV DNMN. FREM 11/17 NOV 13/15 NOV SVD. MEL. MIL BANGLADESH SERVICE DMMON) STAR. GEtCRAI AGENTS CONTAMER
      708 words
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      371 15 Overseas Containers Limited COWTMPCBHT gWCt TO IK/CONTMBT: CONTAMRSHP SEJWICE FROM IK/CONTMNT: SJNGAPOfiI MANSFELD CONTMO SERVICES. PTE LTD *****1 K LUMPUR CONTUO MEMOES *****2. MELA* *****6/1 PENANG GUTHOE BOUSTEAO SHPPWG AGENCIS 3(2301/3 Australia Straits Line (A MEMER OF THE AMO CONSORTUM) MMO COHTAWKW SEIWCE TO/FROM AUSTRALIA Swire Straits Container Line Swire
      371 words
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      1092 15 GRANA3D LINE non-H NEST BOUND-FAR EAST/MEDITERRANEAN HV UN M V.IMM.« MM FVK V.2M. taPart UM OfM/f la*/«ua*»/*Nt/ lattM»a/P*ee»/Tito*/le«gtaa/ 26 Oct 21 Od 31 Oct OjtoaaK/P ,SM/«H«M/hM/ MaM 21 Mm 23 Nn Ojtootfi/? Sad/NeiM*ta/IoM/ UMMfc/Ww,/I»il,liiiolH/ EAST BOUND-MEDfTERRANEAN/FAI EAST M.V. MM WAN V.131— 1« Oct 15 Oct MVMANFWG. 31 Oct KeaAag/laafaMg/NMg Ml
      1,092 words
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      753 15 BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE BACS EXPRESS CONTUO SERVICE STRAITS/ MP AN Sport D Mar* Penar* Yoko Osaka Kobe Moi< 251 IVM 15/11 17/lt 31/11 2/11 142 25/11 27/11 25/ II 1/11 11/11 10/11 12/11 252 14/11 M/ll 11/11 1/12 4/12 •43 M/ll 22/11 24/11 4/12 4/12 S/12
      753 words
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      Page 15 Advertisements Column 4
      774 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONtINENT/SCANPINAVIA 'toper traa P Wh| »«*< Sp«e 1) Madfcs 2) Mia 3) Hbw m t—tm oooMi Kcap*i| carp hi ln><* EASTBOUND FROM MED/UK. CONTINENT/SCANDINAVIA 1) Gburi H tw| 3) 4Mn 4) S> l«M 6) Vsaln P Spore »HH W
      774 words
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      Page 15 Advertisements Column 5
      518 15 GUTHRIE BOUSTEAD THE BANK LINE LTD LOADS FOR E I S AFRICA iMau'ilws Nmtmot Brtil Durban II rl Cap*towi) ImMjh Tatar S porr 17/21 Art P M**( 22/23 Oct It Oct ftOM US' I HWTH VMCi <01 UMO SIOW GOOD IfUlO y Mat* 11. 21 Oct Spare 21/25 Oct P
      518 words
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  • Page 16 Advertisements
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      945 16 l»- K LINE (VIA SUEZ by Container Vessate TO EUROPE S pore P Kelang I Havre H burg Bremen Rdam Awerp WRCATOR HI 14 Oct 15 Oct 2Nn 4Mm 5Nn (Nn 9Nw Olfinu Off UK 29 Oct 22 Oct »Nn 11 Nn 12 Nn 13 Nn 15 Nn MR CONIMO
      945 words
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      Page 16 Advertisements Column 2
      962 16 £fC£fif U.S.A./EAST CANADA SERVICE* nccavm foaci contmkbs from pommg. p. come, stok LaaMj tar m TCB. CJ4KN. BAITBBORI NOBFOU Peiunj Bctraw P Mmi s<t«wt MM MM (MM 75 SCO taPt/UOct MAOHYk PtAOCSM (MM 26 JO) 27/28 Oct 29/31 Oct 1/ 2 tat V 5 Hm E.C./GREAT LAKES SERVICE im*i hr
      962 words
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      Page 16 Advertisements Column 3
      938 16 NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINER Sport P Man* S lon Hawe lfb»n Brtm I dan *"«1) NBCAlfltt Jl4 Set 15 Oct 1!1 Oct 2Ha 4Nm 5Nm INm INm O.CMff »oct 22 0d 7Nm Iki llki UkiUki »bi MCONTAMB .|*oct a Oct 13 Mm 15 Nm
      938 words
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      Page 16 Advertisements Column 4
      759 16 ft MAIAYSIAM t*T[KNAT)ONAL SHIPPING COKKXATION BCHHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK /C ONTINENT/SCANDINAVIA •PMa«» Vessel Sport 1) Msoles 2) Rdix 3) H-bw( 4) Cte| SaM N. KIT M 17/11 22/11 24/11 24/11 UM MUOTM 12/11 25/1* 34/11 1/11 Vll 14/11 HMOD 21/11 1/11 l/U 11/11 12/11 21/14 N. CUM
      759 words
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      721 16 t INTRASEA (PTE) LTD. F.iber House Orchard Ro.id Singapore 9 Telephone *****11 *****f-^ 1\ REGULAR MDEPDCOT SOI/FUU CONTAMER SERVICE TO EUROPE i poif P MM* Pnunt Im*m la WW *11 kM Stwipto.*.*-* A4aa< H bu»| EAuawawi* ktai m (to. m t*. f M» 24 Oct It Oct 2t Oct R
      721 words
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  • Page 17 Advertisements
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      250 17 SHIPPING EGYPTIAN ,nter I TN T E'°eiI L EGYPTIAN FLAG FAST LINER SERVICE TO EGYPT (PT. SUEZ PT. SAID ALEXANDRIA) SPORE r KELANG PENANG ALEXANDRIA SOMA I Oct II Oct 20 Oct 22* Not 10 SH» U Not J Nm II- Not 13* Dtc 1 mtAMDS U Nw 24 Not
      250 words
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      274 17 MED-AFRICA LINES REGULAR MONTHLY OKECT SERVICE FROM SINGAPORE TO PORT HARCOURT AND LAGOS (NKERM) SHGAPORE P. HMCOURT LAGOS *VMGNA (BIT 1971) IS Od 14 Nov •A VESSEL 5 Nov 2 Dec "MERCURY BELL (BLT 1975) 12 Nov t Ok CmUOw 1 ItutM ctrp Mnici Trmrit Tk*t -2f tfayi EAST ASIA
      274 words
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      Page 17 Advertisements Column 3
      287 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO KDITERRANEAN PORTS OF ITALY, SPAM. FRANCE hiv OMOUSSMN NADER DBcharpni farts La Sfwai Satemo. Manfakane T-.-t. u—rupies, incite. vmk BURDEKIN SHIPPING PTY LTD REGULAR SERVICE TO ANTWERP fc U K ACCEPTMG THROUGH HLLS OF LAOMG TO MAM UJ(. DESTMATKMS OKdurpif Porh P. Gudanf
      287 words
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      61 17 NOTICE "I.OON FAT" VOY Z/7H arrived M. 10. IB7X mI P.S.A. (iudnwn No. 27/28 General survey on damaged cargo dtsrfto rged ex t he above vessel will he held on Thursday 12th October. 1878 from o.nn a.m. tn 12.00 noon. No further "survey will be held after this date. STKONGWILL
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