The Business Times, 19 July 1979
1979-07-19
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The Business Times
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Title Section10 1979-07-19 1 BUSINESS TIMES M.C.(P) No. 14J/1/7S THURSDAY, JULY IS, lf» 50CENTS10 words
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BRIEFLY...
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Article77 1979-07-19 1 THREE flour mills have approached the Trade Department for permission to increase the prices of wheat. If approved, the prices for all grades of flour may be raised by at least 30 per cent. The mills said the increase is necessary because of higher wheat77 words
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Article89 1979-07-19 1 AP GENEVA, Wed. Vietnam is bringing "concrete proposals" for controlling its refugee exodus to the United Nations conference on Indochinese refugees, the chief Vietnamese delegate said today. Deputy Foreign Minister Phan Hien said: "We arrive for this conference in a spirit of goodwill and constructive cooperation and hopeAP - 89 words
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Article66 1979-07-19 1 AFP KUALA LUMPUR, Wed. The Malaysian government will not increase oil prices under the present circumstances, Deputy Prime Minister Datuk Seri Dr. Mahathir Mohamed said in the Dewan Negara (Senate) today. If world oil prices increase further in the immediate future, the government will subsidise localAFP - 66 words
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Article58 1979-07-19 1 UPI PEKING, Wed. China has cancelled its promised purchase of two nuclear reactors from France, French officials confirmed today. Chinese officials informed visiting French Industry Minister Andre Giraud that the Chinese plan to buy the reactors had been "set aside" for the moment. The cancellation did not excludeUPI - 58 words
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Article81 1979-07-19 1 AFP PARIS, Wed. Zero growth over the next 12 months was forecast for the United States by the Organisation for Economic Co-operation and Development (OECD). Unemployment will be around 7 per cent in a year's time as against the present 5.8 per cent. The OECD, which took accountAFP - 81 words
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Article70 1979-07-19 1 Reuter NEW DELHI, Wed. Indian President Sanjiva Reddy today called on Mr Yeshwantrao Chavan, leader of the official Congress Party, to try to form a new government, the Press Trust of India (PTI) news agency reported. The move came as leaders of the ruling Janata Party failed toReuter - 70 words
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Article63 1979-07-19 1 AP NEW YORK, Wed. Stock prices plunged this morning in reaction to the resignations offered by US President Carter's Cabinet and chief aides. The Dow Jones average of 30 industrial issues was down 6.83 to 821.67 in the first half hour of trading. On the New York StockAP - 63 words
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Article133 1979-07-19 1 Rises Indices M Banking 660 2S Jul 17 Jul 18 Magnum Corpn S B S 402 213 22 +16 B.T.Index: 2234 64 2277.23 Nat Iron 520 15 Industrials: 378.84 383.32 Gentingg 366 12 Finance: 681.82 691.18 W Jacks 168 12 Hotels: 278.02 278.58 I' 1 C O133 words
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Article, Illustration162 1979-07-19 1 Rises Indices M. Banking 665 45 Jul 17 Jul 18 Kluang 400 30 B.T. Index: 3232.97 3289.73 S.B.S. 215 24 Industrials: 404.11 409.96 Consplant Wrts 560 20 Finance: 603.27 616.71 W. Jacks 172 16 Hotels: 254.38 254.62 F and N 550 15 Properties: 234.70 238.85 O.C.B.C. 695 15162 words
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Article740 1979-07-19 1 WANG LOOK KEAH - GOVERNMENT APPROACHED By WANG LOOK KEAH SEVERAL manufacturers of railway cars from Britain, Germany and Japan have approached the government for discussions on the possible sale of the cars for the proposed Mass Rapid Transit system. It is believed that Metropolitan Cammell, the British740 words
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Article219 1979-07-19 1 WHEN the shares of Singapura Building Society began moving up vigorously in the last few days, there were quite a number of yarns spun on the bullish treatment accorded to the share. While the rumours were tmaking the rounds, the share shot up from219 words
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707 1979-07-19 1 LEE YOKE MENG - By LEE YOKE MENG THE PRICE OF gold has crossed the US$3OO an ounce barrier in most international bullion markets and may surge to US$32O in the near future. The US$3OO (Ss64B) barrier was breached on Tuesday in New York, as well as most707 words
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275 1979-07-19 1 BRANIFF International will begla air wrvtm from Stag>p*re to Lm Angeles tid three Sooth American cities on Oct M. Twice* week Boeing 741 flights will leave Singapore at 11.45 pm every Taesday and Friday to arrive la Lm Aagetes at &£S pm275 words
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429 1979-07-19 1 RAHIM KASSIM - By RAHIM KASSIM THE VOLUME of Malaysian light crude oil refined in Singapore may rise significantly if the present world energy shortage persists. Malaysia, which now exports all its crude oil production, may be forced to refine its crude for domestic use429 words
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Page 1 Advertisements
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Advertisement0 1979-07-19 1 !~*-[{+/^.>:;`>,;@}\>[%;_>,`<,)0 words
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Advertisement61 1979-07-19 1 MR. E. BOBBINS, DIBECTOB CPS BBOKEBS LIMITED BLACKFBIABS HOUSE WESTGATE WABWICK CV34 6AN ENGLAND TEL. NO. (0926) *****1 TELEX NO. *****0 CPS G WILL BE IN SINGAPORE, SHANGRI-LA HOTEL, FOR ONE WEEK COMMENCING 25TH JULY, 1979. IF YOU WOULD LIKE TO DISCUSS THE PURCHASE, LEASE OR DISPOSAL OF IBM CPU'S61 words
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Advertisement54 1979-07-19 1 Leader...Page C imiaa SHIPPING TIMES NEW applied research award STEAMERS nadaaated by u JOHN Taa en eatrepreaearship NEW cfcalleage (aces Japanese Singapore 1 oxmillvm* 12 STOCK market report II WORLDWIDE Holdings agree WHY Heck Leek Sew is baffled 11 te probe 12 MEMOPAD t, FLIGHTS 5, TV AND RADIO C,54 words
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Advertisement160 1979-07-19 1 BANK \JNJU SAFE D&OSTT DATA SAFE STRONG SAFE SAFERLE Perfection 5 V V and it does not cost more than an ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine.160 words
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TRADE AND INDUSTRY
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Article442 1979-07-19 2 COURSES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies July 23-24: Project Financial Investment Appraisal, Hyatt Hotel, Price Waterhouse Associates July 26-27: An Engineer's Guide to442 words
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417 1979-07-19 2 CHOO AI LENG - By CHOO AI LENG EMPIRE Manufacturing, the first Far Eastern branch of American multinational Empire International, has begun to manufacture a range of specialised chemicals in Singapore. Its four-month old Jurong factory can produce 50 products of the parent firm's product range of 250.417 words
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Article92 1979-07-19 2 MALAYSIA and Singapore are major markets for India's exports of mulberry silk goods, according to Economic and Commercial News, a bulletin published by the Trade Fair Authority of India. Imports of mulberry silk goods by the two countries totalled 27.2 million rupees <555.7 million) from last April92 words
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Article178 1979-07-19 2 PHILIPS Singapore has just introduced a new series of colour television sets, the Philips Kl2. Singapore is the first Asian country in which Philips has launched the Kl2 range which comprises table and console models with recommended retail prices ranging from $2,260 to 13.290. Only the178 words
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Article, Illustration208 1979-07-19 2 A NEW Applied Bmut Award Scheme Is Mag lauM ky toe Bdeace CmmU at Siagapare. A lumber M awards, each warth $IIJN, will be made later tola year te ■elected ladlvtdaals tram the vartoaa Held* d reaearch. Ite exact a amber af red pleato will208 words
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Article302 1979-07-19 2 THE Singapore Industrial Labour Organisation (SILO) and the Pioneer Industries Employees' Union (PIEU) plan to double their membership to 200,000 within the next three to five years. Faced with rising turnover rates caused by "jobhopping" and retrenchment of workers, the unions have launched an island302 words
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222 1979-07-19 2 GOH ENG KEE - By GOH ENG KEE THE Telecommunication Authority of Singapore (Telecoms) is to spend $3.55 million in 1979 80 on staff training. This amount represents an increase of about IB per cent over last year's allocation. Some 80 per cent of this year's training222 words
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Article137 1979-07-19 2 LOCAL industries will soon have access to a newly-de-veloped computer system which helps control production processes, when the new product is launched by George Kent (Singapore) next month. The computer, the P4OOO, is an electronic-integrated and broad-based system which incorporates the latest technologies in microprocessors and137 words
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Page 2 Advertisements
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Advertisement210 1979-07-19 2 An investment !n DEXION is your answer to the high cost of storage floor space A large storage space does not need a large floor area. With the high cost of floor space, there are definite savings in storing upwards. With Dexion, you can build additional storage levels to your210 words
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REGIONAL
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Article180 1979-07-19 3 AP THE European Economic Community (EEC) will extend the General System of Preferential Tariffs (GSP) to China starting in 1980, China's official Xinhua news agency reported yesterday. It said Chinese Vice Premier Gu Mu was informed of the EEC decision on Tuesday by SirAP - 180 words
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402 1979-07-19 3 Reuter INDONESIA and the Philippines yesterday agreed to establish two joint venture projects to produce liquefied natural gas in north Sumatra for supply to the Philippines. A memorandum of understanding was signed shortly before Philippine President Marcos and Indonesian President Suharto began their second roundReuter - 402 words
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567 1979-07-19 3 THE ANNOUNCEMENT last week that the real estate firm of C H Williams. Talhar and Wong <WTW) is opening up two more offices in Sabah comes perhaps as no surprise in view of the generally bright outlook for the property market there. In its report567 words
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347 1979-07-19 3 SABAH is keen on a proposal to set up joint venture timber industries with Peninsular Malaysia. Malaysian Primary Industries Minister Paul Leong said he would meet wood processors and manufacturers today to discuss the proposal. Survival of the average sawmill and plywood mill in347 words
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Article201 1979-07-19 3 Reuter THE United Nations Development Programme (UNDP) is sending a delegation to North Korea at the request of the Pyongyang government to assess the possibilities for technical assistance. Mr Bradford Morse, UNDP administrator, said: "1 believe it is the first time that a UN agencyReuter - 201 words
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Article83 1979-07-19 3 CHINA is speeding up the building of small hydro-elec-tric power stations in an effort to increase energy supplies in rural areas, the New China News agency reported yesterday. "Small hydro-electric power stations help farm mechanisation, water conservancy projects, local industry, and commune and brigade enterprises,"83 words
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94 1979-07-19 3 Reuter CHINA has signed a contract with American, British and Italian interests to search for oil in the South China Sea. The Standard Oil Company of Indiana said on Tuesday it would conduct a geophysical survey for the Chinese government, starting next September. Other partiesReuter - 94 words
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Article107 1979-07-19 3 Reuter FINAL negotiations for the US$75 million (SJI62 million) financing of two European Airbuses for Philippine Airlines (PAL) are expected to be completed successfully today or tomorrow in Paris, the Philippine Central Bank said. Director of External Debt Management Angelina Tiangco said that reportsReuter - 107 words
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Article76 1979-07-19 3 Reuter THE Indonesian National Aircraft Industry (Nurtanio) will soon sign an agreement with the Spanish Cassa Aviation Company to develop a bigger version of the short-haul C-212 planes being assembled in Indonesia. The head of the aircraft services division of Nurtanio, Mr Paramayudha, said the new versionReuter - 76 words
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765 1979-07-19 3 AP FOR 370,000 Indochinese refugees crowded in camps across South-east Asia and thousands more fleeing on the high seas, this week's Geneva conference is a matter of life or death. Top leaders from over 60 nations who will attend the UN conference onAP - 765 words
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Page 3 Advertisements
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Advertisement121 1979-07-19 3 Mercedes-Ben/. Legendary symbol of man's achievement of the finest automobile engineering design of today. More than any other name. Mercedes-Ben/ has been recognized worldwide as the leading force in developing more safety features, outstanding engineering ideas and dynamic new trends in automotive designs. I ntil the day when the world121 words
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RAW MATERIALS
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Article748 1979-07-19 4 TIN: Ended yesterday morning down £200 for cash and £67 lower for three months standard while high grade lost £200 and £77. The strength in sterling and freer offers of cash offset a steady Penang market and a record high gold price, dealers said. Scattered liquidation took three748 words
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Article74 1979-07-19 4 C.I F North European ports, in US dollars per ton unless otherwise stated. LONDON: Tues Previous Malaysian 5% ffa bulk per tonne September unch 684slr Sumatra 5 1 ffa bulk July TOOslr 700slr August "OOslr 697 sir September 695slr 695slr October 695slr/ 687 pd 692 sir November unch74 words
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Article364 1979-07-19 4 ALL WAS quiet on the Singapore produce market yesterday as dealers were rather reserved owing to the volatility of the United States dollar. The near one per cent movement in the dollar within a short space of time made it well nigh impossible to quote without bearing any364 words
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Article182 1979-07-19 4 SUGAR trading yesterday continued the recent quiet trend with no trades registered as on Tuesday, dealers said. September closed at US 9.00 05 cents against Tuesday's 8.95 9.00 close, October at 9.30 35 against 9.20 25 with July at 10.75 80 against 10.65 70 cents. Tai#- Uuiet T«tal182 words
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Article208 1979-07-19 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown l Cattaa vara: China Blue Phoenix 20s 2.280; 32s 2.820 40s 3.030 i per bale of 400 lbs*. Pleee gaads: China Butterfly and Globe brand unq Dragon Head unq; Five Lambs unq: Flower208 words
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Article349 1979-07-19 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0 96, 100 per cent second class 0 85. 100 per cent third class 0 80. 25 per cent new crop no stock. B-10 per cent 070 THAI BROKEN A349 words
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Article81 1979-07-19 4 CBT WHEAT futures closed US 4-1/4 to 13 cents a bushel higher on Tuesday spurred by Monday's favourable export inspection report, an indication of continued export demand. Traders said local shortcovering drove prices up in afternoon dealings with additional momentum provided by commission house stop-loss buying late in the81 words
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Article109 1979-07-19 4 SOYBEAN oil futures, aided by firm export demand and the continued lack of deliveries, yesterday closed with an advance of US 1.16 cents a lb in the limitless spot July to 0.38 cent elsewhere. Soybean meal gained $0.20 to $1.70 a ton at the finish, largely on spillover buying109 words
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Article484 1979-07-19 4 THE Singapore rubber market closed unchanged on balance yesterday with August One RSS buyers quoted at 288.50 cents per kilo, unchanged from Tuesday's close, dealers said. Morning prices were marked down about 2.50 cents on lower London advices and some stale bull selling, they said. Afternoon prices were steadier484 words
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Article481 1979-07-19 4 R A S prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S prompt l o b 287 00 288 OON ***** 292 OON Int. 1 R.S.S. August 284 50 285 00 288 50 289 00 Int 1 R.S.S.481 words
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Article131 1979-07-19 4 NOON SSR •nC 1 SMR pnct s vaaterday HAS tipil September iCai rreat Mtkl 1 Forward Mtkl Barer* Sellers Bayer* Sailer* SSR 20 II LOR pallet! 274 50N 276 50N 274-30 276 50N SSR SO III Ujn pallet i 271.50 273 SON ***** 273 SON MBELB SMRCV131 words
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Article28 1979-07-19 4 Rubber: July 18 Singapore: August: 288.50 cents (unchanged) Malaysia: August: 289.00 cents (up 0.50 cent) Tin: $1,955 (up $4) Official offering: 189 tonnes (down 14 tonnes)28 words
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Article84 1979-07-19 4 THE Straits tin price in Penang yesterday recovered MJ4 per picol to $1,955, $255 above the International Tin Agreement ceiling, dealers said. The market recovered slightly on smaller supplies of tin concentrates from miners coupled with sterling's firmness against the Malaysian dollar, they said. The rise was also84 words
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Article592 1979-07-19 4 THE SOVIET Union is facing a drop in its cereal crop due to unfavourable weather this year following last year's record harvest, the US Agriculture Department said. The report, coinciding with a realisation at the UN Food and Agriculture Organisation (FAO) conference in Rome of592 words
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Article453 1979-07-19 4 Reuter STRONG demand for US soybeans and soybean products is expected to continue well into the 1979-80 marketing year. Argentina and Brazil have virtually sold out of beans, leaving the US as the only major supplier until next spring, the US Agriculture Department (USDA) said.Reuter - 453 words
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ASIAN STOCKS
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550 1979-07-19 4 Tokyo Source: DBS-Daiwa THE market was generally inactive yesterday, since investors turned cautious following news that all members of the US Cabinet had offered their resignations Even resources-related issues such as oil and mining issues which had advanced sharply during the past few months, retreatedSource: DBS-Daiwa - 550 words
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Article292 1979-07-19 4 Source: SHK Sec Ltd A GENERAL advance by blue chips was responsible for the better performance yesterday as property shares were generally unchanged. The market's action was surprising considering the weakness of the Hongkong dollar. One broker suggested that even shares were a better risk than the currency andSource: SHK Sec Ltd - 292 words
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Article402 1979-07-19 4 STOCK prices firmed in all sectors with rises outnumbering falls yesterday, dealers said. Kathleen Investments which gained 35 cents to close at A 54.50, on takeover rumours. Queensland Mines closed unchanged at $3.90, Pioneer Concrete eased to close two cents lower at $1.45 while Ampol Petroleum finished a cent402 words
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Article282 1979-07-19 4 THE stock market yesterday closed mixed with with a firmer bias after slow trading, dealers said. Among gainers, Thai Commercial Bank rose 12 baht to 488, Ao Kham Thai, Thai Farmers Bank and Mah Boonkrong Drying and Silo four baht each to 384, 316 and 350 respectively. JULY 18282 words
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Article94 1979-07-19 4 THE market closed mixed with commercials and minings rising while oils declined yesterday. dealers said. Turnover fell to 3.7 million pesos from Tuesday's 5.8 million. JULY 18 Pesos Acoje Mining Atlas Con A Atlas Con. B 0076 18.50 0068 0.0004 0.1 Benguet Con. B 24 70 1800 unch unch94 words
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Article62 1979-07-19 4 FINANCIAL TIMES INDUSTRIALS Tuesday 478.0 Monday 470.7 Week Ago 475.7 DOW JONES AVERAGE INDUSTRIALS Tuesday 828.50 Monday 834.90 Week ago 850.34 LONDON DOLLAR PREMIUM Tuesday 26 to 27 Monday 27' i to 27 H.K.HANG SENG Wednesday 557.83 Tuesday 551.54 Week ago 553.34 SYDNEY INDUSTRIALS Wednesday 487.41 Tuesday 487.0762 words
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Page 4 Advertisements
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Advertisement202 1979-07-19 4 I W A resounding success SIBUS'SO A worthwhile investment Get into it now. The Singapore International Business Show '80 March 18 22,1980 World Trade Centre, Singapore 100 companies from 9 countries participated in SIBUS '79. More than 20,000 buyers and end users visited the exhibition. SIBUS '80 will be three202 words
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OVERSEAS
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Article288 1979-07-19 5 AP CHAIRMAN of the Organisation of Petroleum Exporting Countries (Opec), Mr M. Otaiba said the United Arab Emirates (UAE) may increase oil production next year. Mr Otaiba, however, made it clear that the production increase would depend on economic and political considerations as muchAP - 288 words
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WORLD IN BRIEF
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Article356 1979-07-19 5 Agencies FRANCE recorded a 1.141 million franc (about ***** million) trade deficit in June on the basis of seasonally adjusted figures. Foreign Trade Minister JeanFrancois Deniau said. In crude figures, exports, totalling 37.053 million francs, exceeded imports of 35.616 million francs by 1.439 million. WORLD Bank president RobertAgencies - 356 words
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331 1979-07-19 5 PRESIDENT Carter seems to have shaken the American public out of its lethargy and boosted his presidency. but his new energy programme has not stilled the scepticism of a public which still does not believe there is an oil crisis. But experts are still331 words
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Article738 1979-07-19 5 ARRIVALS Service Local Operator Number Time From SIA SQ201 1245 HLP MAS MH684 1245 KCH GIA GA895 1245 KCH THAI TG413 1310 BKK MAS MH651 1330 (KBR) PEN KUL SIA SQ6I 1340 BKK SIA SQ455 1340 BWN SIA SQ117 1345 KUL GIA GA900 1400 HLP CAL CI009738 words
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264 1979-07-19 5 THE CANADIAN economy is heading towards a lengthy period of low growth, high inflation and balance of payment problems, the Conference Board in Canada said. The current account deficit is expected to widen from C 55.3 billion (5J9.5 billion) in 1978 to $6.7 billion264 words
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Article273 1979-07-19 5 AP CHAIRMAN William Miller of the US Federal Reserve Board said a coming recession in the US will probably be worse than what the Carter administration has predicted, with unemployment rising as high as 8.25 per cent next year. The administration has forecast a mild recession andAP - 273 words
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182 1979-07-19 5 NYT IN THE first of a series of moves to red ace state involvement with Industry, Prime Minister Margaret Thatcher's Conservative government disclosed plans to eut its aid to companies in depressed areas by 38 per cent over the next three years. "Regional differences willNYT - 182 words
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504 1979-07-19 5 UPI THE RECENT oil price increase could keep inflation fh industrialised countries at the double-digit mark into next year, the Organisation for Economic Cooperation and Development (OECD) warned. In a year-ahead economic outlook report, the group of 24 industrial nations also revised projections ofUPI - 504 words
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Page 5 Advertisements
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Advertisement128 1979-07-19 5 $880,000 for a 1936 Mercedes-Ben/! A world record. It's a lot of money for a car. But then the Mercedes-Benz 500K is a very special kind of car. In fact, there are only four units of its kind in the whole world today. The new 1979 Mercedes-Benz doesn't cost so128 words
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Article436 1979-07-19 6 WITH the twin pressures of higher oil prices and increased wage costs, the Government must be giving some very serious thought to implementing the proposed Mass Rapid Transit system. A rail-based underground system would have some very significant advantages over any other alternative,436 words
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Article275 1979-07-19 6 THERE can be few who will dispute the statement that the Japanese are among the most distant and clannish of the many expatriate groups in Singapore. And there are perhaps none so conscious of this fact as the Japanese themselves. We must thus275 words
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Article1526 1979-07-19 6 CLYDE FARNSWORTH - Commerce Secretary Juanita Kreps wants to centralise trade responsibilities in her department. But this proposed trade reorganisation is creating quite a few tensions, as CLYDE FARNSWORTH reports. CLYDE FARNSWORTH NYT IT'S A department searching for a role, the old saw goes, US$lO billion (SJ22 billion)NYT - 1,526 words
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Article730 1979-07-19 6 KEVIN D'ARCY - By KEVIN D'ARCY FT London's City University decided recently to open its master's course in business systems to 30 undergraduates. Over 3,000 applications flooded in. It was a reflection of the demand for management training in a country which opened its first business schools just 14FT - 730 words
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Page 6 Advertisements
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Advertisement186 1979-07-19 6 Who needs a computer V to automate r '£> L.•-**, x r V J v .1 V the Accounts Receivable System? v. ,1> r' K v \j <<V -vV" >< C* V N "YX AC ,V <N AT >> <a i> *j 9> -V 5 S'' > .<n At c186 words
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Page 6 Miscellaneous
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Miscellaneous21 1979-07-19 6 BriStcW:RantDidcßnS 1 uNOCRSTp>nD T*4pT VOJ U)€*e > COf PfoCuT LPC< OF O»9>H£,S or LPiTe i Be pi <bPORT PBSS "Tne ToonFvro <e"rcMuP21 words
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Miscellaneous1334 1979-07-19 6 Dramatic evening IF )fN like the raw enwtlons of Tennesee Wilworks, you may want to give the Thursday Feature Special This Property is Condemned a try. A IMS flim starring Natalie Wood, Robert Redford, Charles Bronson and Katie Reed, it is about a woman who runs a boarding house seeking1,334 words
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Article, Illustration855 1979-07-19 7 TONG TZE - By TONG TZE SRI LANKANS are confused and puzzled at the moment. Confused that international news agencies should be paying so much adverse attention to the problems of the Tamil minority in the country and puzzled that some other responsible foreign organisatons should have taken855 words
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Article1020 1979-07-19 7 JOHN TAN - FOBUM With JOHN TAN ENTREPRENEURSHIP is a word that is both increasingly in vogue and yet remains just as cloaked in mystery as ever before. Businessmen like to use the entrepreneur with all the romantic connotations that come with it. Visions of high risk situations, pioneering spirit,1,020 words
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Page 7 Advertisements
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Advertisement139 1979-07-19 7 .sal v .v. *mk*& -&%8m {< -I.T*'- i* *P?'4 w~ srM£?>4 iter >v a ram .*is^ill 9 ill wmm 'V/'^aJW ».«fcr >^- W A mere stub at the end of a pencil. But it gave the world a word. 'RUBBER'. From pencil stubs to Concorde tyres. From balloons to surgical139 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article213 1979-07-19 8 JULY 17 Fls ABN 325 00 unch Ahold 8850 -1.4 Akzo 27 70 1.2 AMEV 89 70 0^ Am fas 111 70 unch Am rot Bank Bergoss III 5300 -07 Berk 95 20 -06 Bols 62 10 -04 Borsumij ***** 1.7 Burhmann Byenkorf 66 20 -2.8 Calve Delft 170213 words
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Article282 1979-07-19 8 JULY 17 Frs CORBE1LLE Air-Uquide B S N Gervals Danone C S F (ThomsonCsf) 427 845 364 80 7 14 4 6 Cle f rancaisf 191.50 1.7 Compagnle Flnanclere Compagnle Generale Credit Foncler De France Hachette iLibrairle) Machines Bull Mlchelln (B) Panbas Pechlney Clgtne Kuhlmann Peugeot Philips (Nv Gem282 words
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Article196 1979-07-19 8 JULY 17 Francs Actions SuUws 291 -2 Alusulsse Br 1240 -10 Alusulsse Reg 492 -1 Brown Bow rl Br 1840 5 Clba Getgy Br 1240 10 Clba Gelgy P C 995 5 Clba Gelgy Reg 675 3 Credit Suisse Br 21(0 -10 Credit Suisse Reg 425 unch Elektrowatt Br196 words
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Article227 1979-07-19 8 JULY 17 Dm Aef-Telefunken _4990 Akxo 25 20 07 Alls Leben ***** 5 Allx Vers 442.00 unch BASF 1*20 03 Bay H T Wbank ***** -4 Bay Vbtnk 201 B0 Bayer 126-20 12 BBC 274 JO 03 BMW 176 00B 403 Ca&sella ***** 2 Chem Verw 245 00B unch227 words
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Article93 1979-07-19 8 JULY n r™ FORWARD MARKET AMC 383 J Arbed tsao 10 Astur sao unch B rue an tea Bru-Lamb 1800 unch C&npar KM Ml 1J Cock 1 Of Beer* 24*7 5 Ebes 2)90 5 Electrobel ewo -10 Ob-Inno-Bm 2590 ao o«» 1216 *2 Hobo* 2825 -10 P*tro 5230 «093 words
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Article100 1979-07-19 8 JULY 17 Lire Ante 31 -05 Assoc Oen ***** •180 R««rsifi 732 unch OntraJe 5115 10 rut 2519 -20 Ftnsider 151 ♦1 Oen lmmob 79 50 IF1 Prl 2375 -5 Ilalceroenll ***** 30 Ilaifni 727 -8 It&lslOer 387 15 MacneU M Pf 500 Ainch Marelli Ere 281 -8 Mediob100 words
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Article1016 1979-07-19 8 NEW YORK CONTINUED weakness in the dollar and renewed concern about inflation and interest rates combined to push the stock market lower in active trading on Tuesday. Analysts said reports that President Carter is considering the possibility of a tax cut next year had investors1,016 words
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Page 8 Advertisements
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Advertisement624 1979-07-19 8 See Page 4 for Asian stocks Where to wine, dine and entertain Skinjese Seafood > I y t iv (Corbpil «solrl lr :/w« JL T > I Jw Teppan-Mi SlmkHvuse Mirw-Q Try our Teppan-Yaki steak In our cosy, personalised atmosphere A truly mouth-watering delight And a time that you'll remember624 words
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Advertisement13 1979-07-19 8 See Page 9 for Toronto and J'burg stocks •f i cp ffV. 113 words
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BANKING AND FINANCE
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214 1979-07-19 9 Reuter THE TOKYO Finance Ministry has told Japanese banks to limit their participation in international syndicated loans to 25 per cent of each loan instead of the 33 per cent level maintained since last November. Ministry officials said the new level was only aReuter - 214 words
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Article103 1979-07-19 9 GRINDLAY Brandts Insurance Brokers are having discussions with PT IBS Insurance Broking Services of Jakarta to enter into a technical and collaboration agreement. PT IBS Insurance Broking Services provides a fnll range of services to domestic and international clients in Indonesia including aviation, marine hull and cargo,103 words
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Article64 1979-07-19 9 Reuter THE UK Treasury has declined to comment on a report in the London Financial Times which forecast imminent further dismantling of exchange controls. An announcement, however, was expected yesterday. The newspaper said the changes are likely to involve further lessening of constraints on portfolio investmentReuter - 64 words
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Article63 1979-07-19 9 Reuter THE US Treasury said it will raise no new cash at its weekly bill sale on Monday, but will sell US$3 billion of both three-month and sixmonth bills to retire the same amount of maturing securities. The notes are to be issued inReuter - 63 words
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Article33 1979-07-19 9 ALGEMENE Bank Nederland (ABN) has announced an increas in its prime lending rate from 8 1 4 per cent to 8' _> per cent. The increase takes effect from yesterday.33 words
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294 1979-07-19 9 Reuter TREASURY Undersecretary Anthony Solomon said he expects further substantial increases in the size of the Eurocurrency markets, but he opposes any new law to impose reserve requirements on Eurocurrency deposits with American banks. He told the House Banking Committee the Federal ReserveReuter - 294 words
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213 1979-07-19 9 UPI THE LARGE ud growing financial holdings of Opec nations in the I nlted States pose no immediate danger to the American economy or to toe stability of US banks, the General Accounting Office (GAO) in Washington said. In a report requestedUPI - 213 words
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Article65 1979-07-19 9 AP THE WORLD Buk has approved a I SsCt-milUaa lean u Saath Karea's Small and Medlam ladostry Bank la itimalate bosiaess aad larreasr jahs In tkr raaatry's smaller maa afar taring aad indnstrlal campaaies. The maaey is ta be used, the Warld Bank said, to flaaaee impartsAP - 65 words
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544 1979-07-19 9 COLIN CHEE - By COLIN CHEE INTEREST rates have risen so rapidly in the past few weeks that borrowers must be wondering if they have reached the market's peak or are likely to continue higher. In less than a fortnight the prime lending rate (PLR) of most544 words
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234 1979-07-19 9 THERE IS now an increasing amount of UK interest in the shares of leading Singapore and Malaysian banks. Dealings in these major banks' shares in the UK bourse have occurred on an informal basis for a long time. Much of the rise in interest234 words
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103 1979-07-19 9 MANUFACTURERSHanover Corporation (MHC) has reported record secondquarter operating earnings of U5552.7 million, an increase of 16.2 per cent compared with the same period last year. On a per share basis, second-quarter earnings were $161 compared with $1.40 a year ago. For the first six103 words
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MONEY AND EXCHANGES
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Article402 1979-07-19 9 THE US dollar crashed in a seller's market yesterday. This was a continuation of the downward trend of the past few days. The pound on the other hand continued to gain confidence. Against the volatile yen. the US dollar opened at 216.10 20. It dipped to 215.95 05402 words
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Article43 1979-07-19 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $15 million 91-day Treasury bills to be issued from July 23 to July 27. Each tender must not be for less than $250,000.43 words
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Article216 1979-07-19 9 JULY 17 C$ J7^» 4 Hud Bay Mln Imp Oil Inco 21'. 36 m% 4 *4 -4 A lean" 38s Int Prov Pipe 194 -4 Algoma Bank Mont 28 4 Int Uts 13% -4 24^* Intl Nickel 2r% -4 Bank Nova Scotia Bell Tel Z 24 s 21 N216 words
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Article308 1979-07-19 9 JULY 17 Rand INDUSTRIALS Tig Oats Tongaat Trust Bk Un Steel Unlsec Wool worth 1125 370 53 50 133 410B 25 1 -3 unch 5 Abercom AE And CI AMIC Barlows 230 430 1450 590 7 15 25 5 MININGS Anslos 798 23 Cg Sugar 645 Anglvaal 2350B unch308 words
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Article210 1979-07-19 9 Asian rates ASIAN currency deposit interbank rates as at close on July 18: Closing Asian dollar certificates of deposit for prime names: US Do ll«r»< Spoil Offer Bid 7 days 10 k 10 1 months 103/16 101/16 2 months 10 1 10 3 months 1013/16 1011/16 6 months 10". 10210 words
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Article52 1979-07-19 9 RANGE of prices offered by discount houses on July 18: Overnight 3 to 4 »'< Call deposits 4 k*» doling Buyiag Selliag 3 month Treasury bills 4 11/16 4 9/16 3 month Bank bills 713/16 7 11/16 3 month CD 7 7 6 month CD 7 7 Source: National52 words
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Article181 1979-07-19 9 THE US dollar steadied against major currencies in late trading following substantial Federal Reserve intervention to stabilise the dollar mark rate, dealers said. Intervention was detected around the 1.8070 mark level with the dollar subsequently quoted at late 1.8070 80 marks compared with an early 1.8067 77 and Tuesday181 words
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Article21 1979-07-19 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.21 words
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Article282 1979-07-19 9 THE dollar's weakness continued in London yesterday with sterling firming above $2.29 and gold quoted above $300 in early trading, dealers said. The dollar extended the weakness apparent in the Far East but, whereas the Bank of England remained on the sidelines, other central banks, including the Bundesbank apparently282 words
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Article154 1979-07-19 9 THE US dollar for overnight delivery closed easier at 215.80 yen yesterday, compared with a 216.20 opening and 216.80 yen at Tuesday's close, dealers said. The dollar fluctuated between 216.30 to 215.75 as selling by foreign banks alternated with import covering by Japanese traders, dealers said. However, there was154 words
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Article445 1979-07-19 9 GOLD futures in Singapore yesterday closed sharply higher in fairly active trading following news President Carter's Cabinet and senior White House staff have offered their resignations, dealers said. The metal rose gradually throughout the day on speculative and stoploss buying with the firmer Hongkong and Londgn gold prices also445 words
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Page 9 Advertisements
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Advertisement205 1979-07-19 9 The rebuilding of a damaged Mercedes-Benz is easy at Cycle Carnage. We have the expertise and the equipment. Bod) rebuilding The damaged body is stripped to the chassis, and put on the Celette body-alignment jig specially designed for Mercedes-Benz. A hydraulic dozer is used to straighten a damaged chassis to205 words
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DEALS DONE ON THE SES AND KLSE
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Article1700 1979-07-19 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,700 words
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Article162 1979-07-19 10 5 3/4% 1 8 79-81 (250.000) (100.58S) 5 1/4% 1/3/81 (250.000) (100 108 100.20S) 5% 15 481 (250.000) (99 658 99.755) 5% T F 1/5/83 (250.000) (100 058 100.15S) 5 3/4% T F 15/6/81-84 (250.000) (101.50S) 7% 15/4/85, (250.000) (100 808 100 90S) 7% 1/8/85 (250.000) (100 758162 words
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Article89 1979-07-19 10 1 Striking prices of the options i 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. C«M Storage (Sept $1 85) (0.278 0.365). Haw Par (Sept $1.20) (0.268).89 words
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Article166 1979-07-19 10 S pore Growth Fund 1.07 1.12 SINGAPORE UNIT TBI ST INCOME BOND I'NIT (Maaagera' prtffi i far Jal 11) (Carrfflt pr teea) The Commerce The Saving Fund 2.00 132 2.12 140 Income Bond l.U 1.16 S pore Prog Fund 094 99 S pore Sec Fund 1.74 1.85 MAKA166 words
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Article2586 1979-07-19 10 Gr's Gr's Net 19 i~9 Last Div Div Y'ld P E Vol Day High Low Company Sale orC'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 230 8 150 2.2 6.5 11.7 3 230 226 190* 123' Alcom 173 *4 100 1.3 5.7 230 32,586 words
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Article1941 1979-07-19 10 BID and otter prvces officially listed and business in and reported (o the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified [MHSTRIALB Kern* (2 20B) A|ii»«ti 12 SOB) Alna (1 778 1 80S)1,941 words
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Article, Illustration696 1979-07-19 10 FAIRLY gMd advances were pasted across a wide (rant on improved turnover at the Staek Exchange of Singapore yesterday. It was one of the strongest sessions seen in several weeks. The heady trend arose mainly from a reaction to an oversold situation,696 words
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575 1979-07-19 10 PRICES rallied strongly on increased trading activity on the Kuala Lumpur stock market yesterday, after having drifted badly for more than two weeks. Good gains were recorded across a fairly broad front as buyers emerged from the sidelines to trade rather briskly575 words
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COMPANY NEWS
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611 1979-07-19 11 HAVING started the current year with a full order book, George Kent (M) hopes to maintain the previous year's exceptionally good results. In his annual report to shareholders, chairman F B Rossiter says that for the current year ending Dec 31. 1979,611 words
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Article, Illustration1146 1979-07-19 11 DAVID CHOW - BEN STILL A BURDEN By DAVID CHOW THE DIVERSIFIED Straits Steamship group does not expect the current year to be an easy one, but nevertheless looks to the future with considerable optimism. Chairman JGGilmour says the group will be looking for local and overseas expansion.1,146 words
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Article253 1979-07-19 11 LAURENCE. Prust has rated Inchcape Berhad shares down to "worth watching" from "buy" despite its forecast of a higher pre-tax profit in the region of $38 million in the current year ending Dec. 31, 1979. The broking firm arrived at the forecast by annualising the estimated first-quar-ter253 words
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Article402 1979-07-19 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year B Kawan 5% I Jun 11 Jun 21 Jul 21 5% 12.5% C" Prop 7.5%<b) Jun 22 Jun 29 Jul 20 7.5% 7.5% Metal Box Bhd 17% Jun 19 Jun 29 Jul402 words
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Article98 1979-07-19 11 Company Particulars Ex Date Books Close Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 *> S2.2S per share Jul 24 Jul 31 Spore Glass Bonus Issue of 1 for 5 Jul 26 Aug 2 B Semb Bonus Issue of 3 for98 words
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LATEST RESULTS
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65 1979-07-19 11 has reported pre-tax profit for the half-year ended April 30, 1979 of M 5408,630 ($430.906). The chairman, Dr Tay Teck Seng, said the plywood market has improved compared to the previous year. However, production costs still remain high owing to the shortage of logs and65 words
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Article37 1979-07-19 11 said that the KLSE has granted a listing and quotation for the 3.8 million stock units of 50 cents each issued as consideration for the purchase of four blocks of flats at Balmoral Park, Singapore.37 words
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Article23 1979-07-19 11 has been asked by the SES to make an announcement regarding the present position of the Orchard Square Development Pte Ltd.23 words
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Article38 1979-07-19 11 has said that the paid-up capital of Arcadia Gardens is |2.5 million. It added that the consideration was in cash, with Singapore Land and Cosmopolitan Development paying $1 million each and Singapore Nichiei the remaining $500,000.38 words
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Article28 1979-07-19 11 additional 469,000 shares of $1 each arising from the conversion of part of its loan stocks will be listed on the KLSE today. July 19.28 words
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Article64 1979-07-19 11 (PDC) will table a proposal to sell its stake in Central Securities (Cen Sec) (Holdings) and Landbanq, a Cen Sec subsidiary, before its shareholders at an EOGM on July 31. The sale of these interests, subject to the approval of the Foreign Investment Committee, involves 7.48 million64 words
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553 1979-07-19 11 GENERAL Ceramics' strong profit performance last year has been carried through into the first quarter of this year especially with demand for its products at an encouraging level. This demand, chairman Datuk Haji Ibrahim Mohamed discloses in the annual report is expected to increase553 words
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Article98 1979-07-19 11 NEGRI Sembilan Oil Palms (NSOP) expects to maintain its dividend payment for the current year ending Dec 31, 1979 at 14 per cent equivalent to the past year's 35 per cent on the old capital before its recently announced three-for-two bonus issue. The company said this in its98 words
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543 1979-07-19 11 mm® HOCK LOCK SIEW THE TRUE value of a company's share is never easy to ascertain. However, it is certain to lie somewhere below what a mug will pay for it and roughly the same amount below what a crook will sell It for. WhetherHOCK LOCK SIEW - 543 words
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Page 11 Advertisements
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Advertisement202 1979-07-19 11 UNITED OVERSEAS BANK LTD CHUNG KHIAW BANK LTD LEE WAH BANK LTD (MCC'HPQRA'EC IN "HE REPUBLIC OF Si'jCAPQREt We are pleased to announce the following interest rates payable on savings and fixed deposits with effect from Thursday, 19 July 1979: SAVINGS ACCOUNTS: 6^ Op.a. (Deposit and withdrawal at any of202 words
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624 1979-07-19 12 GOH ENG KEE - By GOH ENG KEE JAPANESE executives overseas are now confronted with the challenge of adjusting their organisation styles to the different cultural climates and social norms found elsewhere. This is the "great challenge" that the "insular-minded, innately clannish or clubby Japanese, favouring paternalism and624 words
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136 1979-07-19 12 AP INDONESIAN President Suharto agreed on Wednesday to increase his country's oil supply to the Philippines by 25 per cent, far below the 65 per cent which Filipino sources said President Ferdinand Marcos had requested. A statement issued at the end of a 21-hourAP - 136 words
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Article303 1979-07-19 12 FOR the first time in four years, Japan's current balance of payments showed a deficit US$l.6B billion (553.5 billion) in the first half of this year. The Japanese Finance Ministry attributed the turnabout chiefly to a steep decline in the trade surplus which shrank303 words
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Article861 1979-07-19 12 LONDON, Wed. Government bonds gained 1 1 points in active trading on heavy overseas and institutional demand as sterling continued to firm, dealers said. However, industrial leaders were easier as investors were nervous that the US dollar weakness could lead to further oil price rises, they added. In861 words
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Article62 1979-07-19 12 MEMBERS of the Singapore Sawmillers Association will visit the Indonesian island of Batam early next month to study investment opportunities there. The association's chairman, Mr Fong Pin Chee, said Jakarta is offering attractive incentives to investors. He added that a few million dollars will be invested in62 words
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222 1979-07-19 12 AFP ASEAN cemeat pndueers have agreed that tariff N for six varieties of cement sheaid be reduced by 5 per eeal under Aseaa prefereatlal trading arrangements. This agreement was reached at a meeting 11 the Asean Federation of Cemeai Manufacturers (AFCM) but weekAFP - 222 words
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444 1979-07-19 12 THE directors of Worldwide Holdings have agreed to a shareholders' request to investigate the affairs of its ill-fated investment in Overseas United International (OUI). The company will appoint a firm of public accountants to investigate the $4 million loss incurred by its wholly-owned Hongkong444 words
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Article135 1979-07-19 12 UNITED Overseas Bank group (UOB) today became the second of the big four local banks to raise its prime lending rate (PLR) to 8.25 per cent. The quarter point rise comes a few days after a similar increase by Development Bank of Singapore. The average PLR in135 words
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Article260 1979-07-19 12 AS THE number of workers in the 20-24 and 25-29 age groups have increased, young union officials with the commitment and drive to meet the needs of the labour movement are needed, said Mr. Lim Chee Onn, secretary-general of the NTUC, at the offical260 words
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Page 12 Advertisements
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Advertisement71 1979-07-19 12 vv THE BANK OF TOKYO, LTD. Singapore Branch U5520,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT SERIES IV DUE JULY 1982 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period July 19. 1979 to January 21. 1980 the Certificates will carry71 words
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Advertisement257 1979-07-19 12 SEE PAGE f Y4 w L THAN 4UST FORCE TO HJWL LOGS OUT OF THE JUNGLE If all you've got is a powerful truck to do the job, you'd be better off using an elephant. Because under wild jungle conditions, even the toughest machine demands constant attention to keep it257 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-07-19 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers. Report for 24 hoars prior to 7.31 p.m. on July 18 at the airport. Maximum temperature 30.8 Associated humidity 61 Minimum temperature 25.8 Associated humidity 90 Hours of sunshine 5.85 Rainfall in millimetres 1.1 Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article88 1979-07-19 13 AMERICAN President Lines (APL) has started a direct container service to Dubai on the Arabian Gulf replacing calls at the nearby port of Sharjah. The fortnightly began on July 1 with the sailing of the President Rosevelt. The new extensive containe terminal development at Port Rashid in Dubai88 words
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Article125 1979-07-19 13 Reuter VVAH KWONG Shipping and Investment Co Ltd of Hongkong has ordered five ships worth a total of US$B7.5 million (SslB4 million) from three Japanese shipyards. Wah Kwong chairman Mr Frank Chao said. A contract has been signed with the Koyo dockyard of Mihara Hiroshima forReuter - 125 words
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Article66 1979-07-19 13 Reuter SECONDHAND tonnage brokers in London reported tanker New Star 120.250 long dwt built 1969 sold to Italian buyers for US$7.4 million <Ssl6 million) and tanker Juan De Austria 71.818 long dwt built 1967 to unkown buyers for about $4.5 million. Brokers also reported tweendeck vessels Melita andReuter - 66 words
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530 1979-07-19 13 GOH ENG KEE - By GOH ENG KEE HOLLMING OY. the Manufacturer of the Finnish Aquamaster range of propulsion and manoeuvring equipment, has set up a regional representative office in Singapore. Concurrently, the privately owned Finnish company has appointed Mr Bob Chew as its representative for South-east Asia,530 words
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Article179 1979-07-19 13 AP SOVIET and Chinese activity in the time-charter sector was the focal point or interest in varied fixing on Tuesday. One Soviet booking involved a 35,411 dwt vessel taken for a trip to western option or Mediterranean after August delivery' Far East at (S$B,5M <SslB,7M) a day,AP - 179 words
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Article531 1979-07-19 13 AFP BUSINESS remained difficult to confirm on the freight market last week. It was generally agreed that several grain cargoes had been arranged but not reported. Soviet charterers reappeared. booking a 49,000 tonner for a trip via Australia as well as a 37,000ton Yugoslav vessel forAFP - 531 words
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3017 1979-07-19 17 SCHEDPIE 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 of3,017 words
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Article495 1979-07-19 17 Shipping Liae P»ge ex ACS n 5 Afea IV 3 Alpac IV 5 Angkutan V 5 Angonave V 3 ANL I 1 APL in 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben m 3 Ben495 words
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Article980 1979-07-19 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the980 words
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899 1979-07-19 18 JAKOB KRUSE - IN THE last part of his speech, "The future of the liner industry", MR HANS JAKOB KRUSE, chairman of Hapag-Lloyd, discusses political intervention, shipping bureaucracy and how regulations will help shape the industry. Mr Kruse, who was recently appointed chairman-designate of the Far Eastern899 words
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Article300 1979-07-19 18 AFP THE state-run Malaysian International Shipping Corporation (MISC) will help to transport Pakistani exports to Malaysia, it was stated in Kuala Lumpur yesterday. The leader of a visiting Pakistani trade mission, Mr Mohammed Basheer Janmohammed said yesterdaythe irregular shipping service between Pakistan and Malaysia hadAFP - 300 words
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535 1979-07-19 18 MAJOR carriers from the UK to Jeddah have made a stand against rate cutting on the route and formulated their own container agreement. The result a "conference within a conference" is a common rate structure on a commodity basis. For the first time inland535 words
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1031 1979-07-19 18 ORIENT EXCHANGE MARKET THERE is a shortage of tramper vessels between 3,000 and 12, 000 dwt. This is because vessels are currently fully employed and many vessels are too old and expensive to maintain and some have to be scrapped without equal1,031 words
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Article, Illustration345 1979-07-19 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Taif (ro/ro) (0500 after Ocean Harvest) 47 Dong Yun (hauls after Laertes sails) 6/7 Hoegh Clipper (lies) (0600 after Centaur) 1/2 Kaikoh Maru (ro/ro) (1300) 25/26 Kota Mewah (1100 hauls 10 metres east) 10/11 Orestia (after Dong Yun and Kota Mewah345 words
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Page 13 Advertisements
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Advertisement409 1979-07-19 13 TANK CLEANING (any Si/e tankersi Whether you are sending it to the DOCKYARD for repairs the SCRAPYARD ♦or scrapping or making a CONVERSION consult PIRAEUS MARINE SINGAPORE PTE LTD Room'oo3 1 004 'OinFioo' T^ d s B Umg Ansc Road Singjoo'p Te f e« 30 PiQMARiNE ***** M lARDINF AMAH409 words
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Advertisement291 1979-07-19 13 m mi SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** D WT. 105 TON H L Derrick 288 TEU Capacity, Long Length Capability ■ARABIAN GULF WEEKLY SERVICE Vessei S pore Loading for IBN AL ROOM 20 7 Oammam < 18- Kuwait i 8 8i Dubai (13 8)291 words
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Advertisement406 1979-07-19 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE OCHtf S 90'» CiOi-t Tunes fa Carg: LCI Ca'gC COWAKRS FEEDERED 10 IRQ* f SlOWf Aim accepting cargo to trom Stantfmaoa FROM EUROPE (VIA SUEZ): 9 Au, iO*aj 2? »ui 2? *-i 24 29 31 Aug < Sept406 words
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Advertisement848 1979-07-19 13 Agents SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****2 GENERAL *****1 A Msu EURO ASIA lINE SON BHD K I *****7'P KLANG *****1/3 PENENG *****/2 MAERSK LINE i era i ILTTTDC ForUS Pacitic Pacitic North Nest Gult t Atlantic East Canada and Meiico iAJsg accepting tor Hongkong Taiwan Japan and Korea)848 words
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Page 14 Advertisements
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Advertisement1005 1979-07-19 14 FULLY CONTUOISED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE Sparc P Keting Pen B»ao 6enoa Hbag Bremen Rdam Antwerp Moiefctem 217 23/7 Regensteai Peter RS 4 8 21/8 14 8 31/8 30/8 27/8 25 '8 27/7 25 8 17 8 5/9 3'9 31/8 29/8 7-8 5/9 26 8 14 8 13/81,005 words
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Advertisement411 1979-07-19 14 HJ? barber blue seo SMGAnjRE t KHang brtMTMucSU To CANADA/USA Pacific Coast Los San Francisco 17 20/1 4-7/9 17 21 Ml 71 I 8-10/9 17-20 J 4-7/18 17 20/10 Vll 2124/0 2120/10 m/H tftfU no 101 NEXT ARRIVAL: "SIBONGA" July 22/23. SIHALOA" Aug 4/7 AAAPIA* AH: 4U*lA* PQ«TS I sas-coNTAKR411 words
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Advertisement668 1979-07-19 14 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTNG CARGO FOR: UNITED KINGDOM SOUTHAMPTON lonoon. Manchester, bjrmwgham BRISTOL LIVERPOOL, GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Em fetary In Nrl 7 Aut S M 12 A* JJ J* [t«668 words
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Advertisement954 1979-07-19 14 5 Burma Fiv« Star Shipping Corpn. fi 4 "BURMESE NATIONAL LINE" FA LOADING FOR RANGOON g Sncapart .30 My/1 Auc B F S S C Agants m Moloysto TEPS MALAYSIA Port K along TaM3B>-7355 Penong Tel *****/***** Companu Argentina Da Navagacion Intercontinental S. A. C.I. F "ARGENTINE NATIONAL LINE' LOADMG954 words
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Advertisement650 1979-07-19 14 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD, SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE rut river TUE MAN MAY PRMO P Kdanc 25/27 My 26/28 My 15/17 Au( Sincapore 23/24 My 29/30 Mi 11/19 Auf Loadnf for:650 words
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Page 15 Advertisements
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Advertisement917 1979-07-19 15 Overseas Containers Limited Weekly service to/from UK/Europe To UK/Continent Benaidei ki Port Hamburg Eipress 26 kd Bremen Eipress 3 Aut B*ru»or 4 Aut Tokyo Bay 12 Aut Cardifan Bay 21 Aut Tok« Eiprns 21 Aug Rtwie Maru Kasufj M»u 5 Sep Osaka Bay 11 Sep From UK/Continent H'burg PXHant Dmart917 words
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Advertisement1045 1979-07-19 15 RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S port PXHjflf Fount loadng lor M V MAN KM 131* 2« Aug f W AK.andua Beirut. Lattahia Ptftaus M V KMMG FUNG V 30W- 31 Aug Jcddah P S*d Beirut Lattakia ALL KSSfLS ACCEPTMG CONTAMX CARGO EAST BOUND-MEDITERRANEAN/ FAR EAST1,045 words
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Advertisement758 1979-07-19 15 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EUROPE Spore P Ketang W Germany Austria Antwerp Benalde. m r tt 20/7 9/1 U/8 12/8 Hamburg Eipress 26/7 19/8 20/8 Bremen E«press 3/1 M/« 23/8 Benaron 4/1 5/8 24/1 26/8 27/8 Tokyo Bay 12/8 13/8 3/9 5/9 6/9 Cariganßa, 21/8758 words
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Advertisement382 1979-07-19 15 Scan Dutch 9 '•i 11 i.wn: i t»i T it »ym :fi: i»: i I) larcaMu (M 2) Anrtardaat AaNa*. la Hwra. Mm. la* SaKtoaptM I OMMuiiMMMim Mi. C>«*i|». MM* 4) Mm. SlacAtato (Mi M wiMfc cv|t |y p KeiMf EASTBOUND FROM MED/UK/NC/SCANDINAVIA Acceptatg Iran: 1) Madia Slocthadn o*. Matwdu382 words
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Advertisement731 1979-07-19 15 SHIPPING AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA FANEROMN Reunion Maiunga Durban Ctown ft. E Ldn) S pore 28'31 Aug P Kelang 1/2 Sep KATEMU WtCOPOUOS (Reunion Durban Clown Pt Ehx. C London) Spore 27 30 Sep P Keiang 1 7 Oct LYKES ORIENT LINE U.S. GULF731 words
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Page 16 Advertisements
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Advertisement1018 1979-07-19 16 FLIROPF FXPRFSS SFRVICE TO EUROPE S pore P Kelang I Ha»re R'dam H burg Bremen Aurerp 0 CHit f 15* S S BRIOGE 2M C CONTAWER >V» N CORAL 14* C PAUL 17W 8 Aug 9 Aug 17 Aug 22 Aug 21 Aug 22 Aug 28 Aug ?9 Aug 31,018 words
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Advertisement736 1979-07-19 16 U.S.A./EAST CANADA SERVICE Penang Betaaan P Mine Singapore E C./GREAT LAKES SERVICE LOMMNG FOR *W YORK. NOW OIK MONTREAL. TORONTO Penang Belaaan P Mang Singapoir MSHUA TEJ" (CaAl CMcage) 4/5 Aug 2/3** 3Rkd»/l Aug VISHVA DHMIW" M/ 31 h| 2R/29 Aug 2S/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE loadng lor LOS736 words
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Advertisement507 1979-07-19 16 A(irou|> SINGAPORE SHIPPING AGENCIES PTE. LTD ZOTM FLOOR OCEAN BUHOING SINGAPORE 1 MARKETING 9i 1122 l 3 LINESI GENERAL 91 3111 114 LINES TELEX RS ***** RS ***** A B CARSMIP C ABL E CARGOSMIP SINGAPORE ISLANDS LINE MIDDI t t AST RK.L LAR I.IXER A SAFE WAV TO SHIP507 words
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Advertisement909 1979-07-19 16 /MMc? £2 iNT[R\ATIONAL SHIPPING CORPORATION BIRHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUND: taa Accaptat Ear: 11 Barcelona Genoa Amsterdam Antwerp I Hawe Bilbao Basic I* 3) Bremen Brfmenha»efl Aarhas Copenhagen Helsinki 41 Malmo Stockholm Oslo 'Accepting Europe cargo lor feeder na S pore EAST BOUND: Amsterdam UK Si909 words
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Advertisement841 1979-07-19 16 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11f*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P Ketone Pen** Loadng tor: RATNAMANORAMA W842 Sa»ed kn Pod Avon (UK) Boulogne EVMAR W845 22 M 24 Jul Boulogne/R dm Avon (UK) Agents Smgapore HTRASEA (PTE) LTD *****11 BOOKHG841 words
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Page 17 Advertisements
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Advertisement266 1979-07-19 17 BULK CARRIERS Regular Bulk Service For Timber Plywood General Agents Marathon United Agency Pte Ltd Sport Tel: *****66 (3 inn) Sub Agents Hantest Am Services SAi Bhd K I let 410(71 f Keiang Id 3M103 CIPECO PTE LTD (SHIPPING DIVISION) SUITE 3602 HONG IFONG BLDG SINGAPORE 0104 i (Wholly owned266 words
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Advertisement279 1979-07-19 17 LIAN SOCN SHIPPING TRADING CO (PTE) LTD > iio: Pl* Ftoo* CPF BUIIDI«C,tO(HSO* *o*o > Tn mom o uwtcuit luummo n« no *ootf su a* via M V SIMM IDATANG 27-7-7! 21-7 7! lAAARTA H» CItKY MAMS 22-7-7» 24-7-7® BALftPtfAN UAMG PAJOANG M V ■'C***V BAGUS 21-71 «-«-7» SAMARfOA BALKPAPAN279 words
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Advertisement201 1979-07-19 17 r PERSIAN GULF SERVICE ETA ETO LOAWNG FOt: EASTERN EXPRESS V 98N 24 U 25 M Muscat/tabai/Abu Ohab. Bahrain/Kuwait EAST-BOUND MSCHAftONG ONLY ETA ETO HAWKES BAY »ME 23 M 24 U RANGOON/CHTTAGONG/CHALHA SERVICE M V FIVE ISLANDS to fort TBC COWTMO SERVICE TO AUSTRALIA HA ETO LOAONG FOR M V201 words
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Advertisement240 1979-07-19 17 CHINA OCEAN SHIPPING COMRW UKC SEHCONTMtER SERVICE P KELANG PENANG LOADING FOR *Yon( bn( 25/27 Mr Rotterdam Hamburg fun Men 21/30 My Rotterdam /Hamburg Wang Ting 21/30 July Antwerp Rotterdam Hamburg *Mn font 2S/2S Aug Rotterdam/Hamburg Tian Shu 27/25 Aug London/Antwerp/Rotterdam/ Hamburg •ftanf Jung 25/28 Sept Rotterdam Hamburg MEDITERRANEAN SEA240 words
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Advertisement243 1979-07-19 17 NOTICE DOW A LINE CO. LTD JAPAN M.V. SARUNTA 111 VOY. 20A/79 Arrived 13.7.79 at P.P. Wharf Godown 302 General survey on damaged cargo discharged ex the above vessel will be held on 20th July 1979 from 9.00 a.m. to 12 p.m. No further survey will be held after this243 words
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