The Business Times, 17 October 1979
1979-10-17
1
18
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The Business Times
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Title Section10 1979-10-17 1 BUSINESS TIMES No. IM/1/79 WEDNESDAY, OCTOBER 17, If» 50 CENTS10 words
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BRIEFLY...
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Article69 1979-10-17 1 Reuter SEOUL, Tues. Singapore Prime Minister Mr Lee Kuan Yew arrived here today on an official six-day visit to South Korea'for talks on increased links between the two fast developing countries. Invited by South Korean Prime Minister Choi Kyu-hah, Mr Lee is scheduled to meet President ParteReuter - 69 words
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Article48 1979-10-17 1 UPI BANGKOK, Tues. The Thai government of Prime Minister Kriangsak Chomanan survived a secret no confidence vote in Parliament today. The five-day debate was tabled by three opposition parties and was directed against 11 ministers in the ministeries of interior, communications, industry and commerce. UPI.UPI - 48 words
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Article64 1979-10-17 1 AFP WASHINGTON, Tues. Saudi Arabia will resist any oil price rise moves at the December meeting of tne Organisation of Petroleum Exporting Countries (Opec), provided the Western nations reduce their consumption, Saudi Oil Minister Ahmed Zaki Yamani told the Washington Post newspaper today. He even said: "IfAFP - 64 words
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Article66 1979-10-17 1 Reuter HONGKONG, Tues. China has decided to keep the Guangzhou Trade Fair open throughout the year in the form of a permanent trade centre, the New China News Agency reported today. The fair has been held twice a year in spring and autumn, each for a month'sReuter - 66 words
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Article62 1979-10-17 1 Reuter TOKYO, Tues. Higher oil prices and. a multibillion dollar emergency import plan acted to reduce sharply Japan's world trade balance in the first six months of this financial year, the Finance Ministry announced here today. During the six months from April, Japan's visible trade surplus totalled |1.19Reuter - 62 words
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Article79 1979-10-17 1 Reuter STOCKHOLM, Tues. The 1979 Nobel prize for economics was awarded today to an American and a West Indian who have been studying the increasingly desperate problems of the developing countries. The prize went jointly to Professor Theodore Schultz of the University of Chicago, and to Professor SirReuter - 79 words
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Article56 1979-10-17 1 AP NEW YORK, Tues. The stock market headed higher this morning. The Dow Jones average of 30 industrials, off 66.53 points since the start of last week, recovered 4.26 to 835.32 in the first half hour. Gainers took a slight lead over losers in the early tally ofAP - 56 words
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Article139 1979-10-17 1 Rises CCM 585 15 Rahman Hyd 530 15 T Harbour 488 12 Kenayan 324 12 C Sugars 306 12 Public Bank 304 12 Straits Trading 745 10 O C B C 700 10 F N 575 10 O U E 328 10 Rothmans 404 8 K L139 words
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Article, Illustration157 1979-10-17 1 Rises K Kampar MUInd Rahman Hyd SgBesi Tronoh Mines U I Corp Public Bank Tongkah Tin 470 430 540 1040 990 330 304 492 +30 +24 +20 +20 +20 +14 12 +12 Falls Esso Ord Toshiba Minsec Petaling Tin Town and City Idris Hyd 530 290 700 1090157 words
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Article, Illustration796 1979-10-17 1 JOHN TAN - DOUBLING OF HOTEL ROOMS By JOHN TAN WITH the growth in new hotel rooms arising mainly from recent Urban Redevelopment Authority sales of development sites, the hotel industry is expected to see lower occupancy rates in the next six years. But this should not lead to796 words
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Article203 1979-10-17 1 THE COST of living, as measured by the Consumer Price Index, advanced by 1.6 per cent from the previous month in September. On an annual basis, the index was 5.8 per cent higher than the same month last year, bringing the inflation rate so far203 words
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Article349 1979-10-17 1 THE THOMAS Tilling group of Britain is considering substantial investments in Singapore, said managing director Mr Patrick Meaney. The investments may take several forms and could involve a number of the group's manufacturing activities. Mr Meaney and company financial director, Mr Francis Black, are in349 words
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Article320 1979-10-17 1 SINGAPORE'S $500 million government registered stock issue was oversubscribed by nearly $200 million. But compared to an earlier issue, in February, response seems to have slackened, partly because of lower institutional demand and high interest rate conditions. The total amount applied for at yesterday's issue was $689 million,320 words
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227 1979-10-17 1 EXPORT Credit laser»nff Corporation ef Stagapore (ECICS) has agati pat off Its fcaakers gaaraatee scheme which was Is have heea tatredared two days ago. It b aaierstssi that the pistf latmiaf Is Is allow ECICB te work eat ■•me siWliasl palats that haahers waat227 words
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483 1979-10-17 1 ANTHONY TAN - By ANTHONY TAN SHAREHOLDERS of British and Malayan Trustees (BMT) were reminded yesterday that Oversea-Chi-nese Banking Corporation (OCBC) made an offer for BMT shares only because it was obliged to under the Takeover Code and that the results of the offer could483 words
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Page 1 Advertisements
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Advertisement199 1979-10-17 1 Lmi tor... page I Think Your Way Past Gold Commodities and Stocks that are Much Stronger If Russia has to stimulate investment interest in GOLD in order to finance western purchase, why aren't you investing in the commodities which the Kremlin has to buy? There is one which trades like199 words
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Advertisement54 1979-10-17 1 fl I 1 ASEAN BUSINESS QUARTERLY •e Ptoasesend coplss of ASEAN Businsss Quartsrty at Sslo par copy. My cheque for S$ is attached. I am interested In-reoeMnQ ASEAN Businsss Quarterly regularly, pleaae send details. Businees Address: Buelneee Telephone: (kindly attach your businsss card) Send this to: JUh n«ni«fiP>sLld,aiBlnfccwellonelPt< Awi wm54 words
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TRADE AND INDUSTRY
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544 1979-10-17 2 JOHN LIM - By JOHN LIM THE PACE of business at Machine Asia *79 exhibition quickened yesterday with a joint-venture and several more sales reported. A German company, Drei-S-Werk, "definitely decided on a joint-venture with two companies already operating in Singapore." Company president, Mr Harald Schmauser, would544 words
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Article, Illustration132 1979-10-17 2 LPG-pewered nsekiiei ban eleaa ui mc etoptr to mm* If —ppBM an readily available, aecardlag to a vbtttag lateraatteaal sales repreaeatotlve. Mr ClUerd Sckatt ef toe Teaaaat Cempaay, a leadlag flaar mihtwiiw efilpmeat maaafactorer, said tols at a twaday seminar aeeriag fa? ttTsalM'stoff last week. LPG132 words
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531 1979-10-17 2 CATHERINE ONG - By CATHERINE ONG THE value-added per worker of Japanese Investments In Singapore will increase significantly when the |2 billion Sumitomo petrochemical project comes on stream. Mr Hideo Nagashima, commercial attache of the Japanese Embassy, said this yesterday in response to Prime Minister Lee531 words
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288 1979-10-17 2 ELEVEN companies from the British car industry will make up the United Kingdom stand at the Second Asian Auto and Accessories Exhibition opening tomorrow at the Hyatt Convention Hall. Four of the companies are from the Lucas Industries group,- one of the world's288 words
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Article121 1979-10-17 2 JAPAN and Singapore should share their experiences in the area of environmental control and preservation, said a Japanese environmental expert recently in Singapore. Professor Fukashi Utsunomiya of Tokai University's School of Economics and Social Sciences said, "Japan's experiences in the control of air, water, noise and soil pollution121 words
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Article, Illustration188 1979-10-17 2 ONE OF the highlights of Printpack Asia '79 opening next month, will be the first presentation in South-east Asia of a new computerised Chinese photo-typesetting machine. The computer, manufactured in the United Kingdom, was first shown in Hongkong last December. China has two of the systems in188 words
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Article227 1979-10-17 2 BUSINESS potential for the world packaging industry continues to be good, says Dr Whang Sun Tse, managing director of Singapore's second largest metal container manufacturing plant, Metal Containers. And in anticipation of this world demand, Metal Containers recently set up an associate company, M C Packaging227 words
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Article359 1979-10-17 2 COURSES AND TALKS Oct 19: US Current Accounting Developments, Hilton Hotel, Arthur Young Company Oct 22-24: Credit Lending, Hilton Hotel, SGV-Goh Tan Oct 22-Nov 26: Banking Law and Negotiable Instruments, New Lecture Theatre 3, University of Singapore Oct 25: Preparing Today's Youth For Tomorrow's Family, Regional English Language359 words
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Page 2 Advertisements
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Advertisement43 1979-10-17 2 If you know anything about air cargo,you know it can be a jungle out there. Not to worry. Make friends with aTiger. The worlds leading airfreight airline. Call *****21 or contact your local lATA cargo agent. Flying Tigers is a Tiger International Company.43 words
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REGIONAL
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245 1979-10-17 3 Reuter A HONGKONG construction company has signed a contract for a multi-million dollar housing estate to be built in the southern Chinese city of Guangzhou. A spokesman for the Chrysoberyl River Development Ltd, Mr Lee Wanwoo, said the estimated cost of theReuter - 245 words
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Article197 1979-10-17 3 AP CHINA is relaxing controls on foreign investments but lacks some of the simplest legal mechanisms for establishing joint business agreements with outsiders, a Harvard University specialist on Chinese law said. "China is opening up its institutions and developing competition," Mr Jerome Alan CohenAP - 197 words
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Article, Illustration178 1979-10-17 3 AFP A PROMINENT young dissident, accused of divulging state secrets to foreign journalists on the recent conflict between China and Vietnam, went on trial yesterday before a handpicked audience at the Beijing People's Court in China's first official political trial. A Chinese woman attending the trial,AFP - 178 words
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Article303 1979-10-17 3 UPI THAILAND strongly rejected a Vietnamese warning yesterday not to meddle in Indochinese affairs, saying it did not take orders from other countries. Vietnam accused Thailand of siding with China in the current conflict in Kampuchea and warned that Bangkok was taking a "wrong attitude." TheUPI - 303 words
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Article438 1979-10-17 3 THE "export" of Sarawak electricity to Peninsular Malaysia should materialise before the end of 1985 if feasibility studies being undertaken by a West German consultant firm show the scheme viable. Officials of the firm which was commissioned early this year to examine the feasibility of438 words
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255 1979-10-17 3 AFP CHINA'S textile mills are doing some direct marketing to find out consumer needs as a way to improve their products, the New China News Agency (NCNA) reported. The mills send about 5 per cent of their total textile output to the market without goingAFP - 255 words
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245 1979-10-17 3 UPI JAPAN is trying to open new air routes to China by way of the North Korean capital of Pyongyang, a senior South Korean government official said. Vice-foreign Minister Lee Moon-yong told a meeting of government party members that the South Korean governmentUPI - 245 words
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THE REGION IN BRIEF
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Article420 1979-10-17 3 Agencies POLITICAL union between Australia and New Zealand was not an option currently being considered by the two governments, the Australian Minister for Special Trade Representations, Mr Vic Garland, said. But he said that there was room for development in trade and economic matters between the two countries.Agencies - 420 words
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466 1979-10-17 3 Reuter JAPAN may release part of its official and private crude oil stockpile before next April to cope with a possible import shortfall following higher crude oil prices. International Trade and Industry Ministry officials said. The government will thus ensure domestic supplies, butReuter - 466 words
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Article, Illustration363 1979-10-17 3 Reuter AUSTRALIAN Foreign Minister Andrew Peacock yesterday criticised trade barriers against imports from South-east Asia. Mr Peacock said Australians who opposed restructuring their country's industry and lowering protective trade barriers were cutting themselves off from one of the world's growth regions. They failed to see theReuter - 363 words
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308 1979-10-17 3 AFP HONGKONG'S clothing and textile exports increased in value in the first eight months of this year compared with the corresponding period last year. In clothing the United States accounted for U*****.8 million worth but the 20 per cent increase this represented wasAFP - 308 words
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Page 3 Advertisements
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Advertisement239 1979-10-17 3 -fi 7**ris -■-■r* International banking wasn't the last tiling; American Express thought of. It was one of the first. In fact, financing international trade was an important part of American Express business during the early years qf this century. Today, American Express International Banking Corporation can help you with every239 words
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RAW MATERIALS
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Article945 1979-10-17 4 THE share of natural rubber in the world elastomer market is expected to shrink in the next decade, the RRIM Planters' Conference 1979 was told in Kuala Lumpur. According to projections, natural rubber's share of total elastomer demand is expected to drop from 31 per945 words
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Article246 1979-10-17 4 THE SINGAPORE market closed slightly higher yesterday with November One RSS buyers quoted at 284.50 cents per kilo, up 0.50 cent from Monday's close, dealers said. Morning prices were marked up about one cent on covering interest and renewed forward demand. Prices in the afternoon held quietly steady before246 words
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Article339 1979-10-17 4 R A S prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 279 50 280.50N Int. 1 R.S.S. November 285.00 285.50 Int. 1 R.S.S. December 290 00 290.50 Int. 2 R.S.S. 278.50 279.50N UK Cont 277.50 278.50N Int. 3 R.S.S. 275.50339 words
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Article115 1979-10-17 4 NOON SSR and SMR HAS prices yesterday Novemfc »r December (Carraat MtM) (Forward Mtb) SSR 20 (1-ta n pallet) Huyert Sailer* Buyara Sellers 264.50 266.50N ***** 268.00N SSR 50 (l-U>i n pallet) ***** 263 50N 263.00 265 00N MRELB SMR CV (l-t» i) pallet) 307.50 309 SON115 words
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Article88 1979-10-17 4 AN everaight rally la f imitu baeated the tta price la Peaaag by Mf2S per pieal to a aew IFJt peak e( MS2,KI yeeterAt this level, the priee It ataadlag MfN aheve the lateraatleaal Tta Agreemeat eelUag. Straag baylag demaad caattaaed, partieaiariy tram the UB, Japaa aad laeal88 words
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Article31 1979-10-17 4 Rubber: Oct 16 Singapore: November 284.60 cents (up 0.50 cent) Malaysia: November 285.25 cents (up 0.75 cents) Tin: M 52,026 (up $25) Official offering: 177 tonnes (down 16 tonnes)31 words
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Article146 1979-10-17 4 THE SUGAR futures market yesterday closed firm in continued quiet, featureless trading, dealers said. January closed at 12.92/ 13.00 US cents against Monday's 12.36/50 close, March at 13.28/34 against 12.78/84 with distant October at 14.14/18 against 13.70/76 cents. Sugar futures closing prices: Prevtats CMag CMag Jan 12.92/13.00 12146 words
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Article334 1979-10-17 4 DEALERS in most sectors of the Singapore produce market were idle yesterday, mainly for want of buying interest from overseas. Pepper dealers here were sidelined by more competitive offers from Indonesia which reportedly have huge unsold stocks. The present pepper stocks held here were bought at high prices.334 words
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Article192 1979-10-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C«Uaa yara: China Blue Phoenix 20s 2.310; 32s 2.080. 40s 3,040 (per bale of 400 lbs). Ptoee g«i*s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article327 1979-10-17 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.01, 100 per cent second class 0.83, 100 per cent' third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70 THAI BROKEN: A-super 0.65. Special 0.61.327 words
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Article637 1979-10-17 4 COCOA: Futures declined by average, til per tonne in first Call but steadied on dealer covering and mixed short-covering to finish only £10 to £2 down. Prices then moved sharply up on continued trade and dealer support to post nearby gains of up to £11 per tonne although637 words
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Article73 1979-10-17 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Mon Previous Malaysian 5 r > ffa bulk per tonne December unch 610.00slr Sumatra 5 r < ffa bulk 1 October unch 620 OOslr November 610.00pd 620.00slr December unch 625 00slr January 615.00pd 620.00slr February73 words
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ASIAN STOCK
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Article507 1979-10-17 4 TOKYO Source: DBS-Daiwa THE market remained steady yesterday, backed by continuous investor interest in resources-related issues. While quality stocks, which were widely sought on Monday, sagged due to profit-taking, oil-related trading-house issues were heavily traded, and marine and fire insurance issues generally advanced. Real estate and shipping issuesSource: DBS-Daiwa - 507 words
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Article263 1979-10-17 4 STOCK prices cloGed easier yesterday with situation stocks highlighting trading, dealers said. Ahseti was actively traded and closed at $2.16 after touching a record 12.25. OCT 16 CenU INDUSTRIALS A. C. I. anas -j A M I. MB A. P. M 145 uncb Ampoi Pet b. h r. Bank263 words
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Article115 1979-10-17 4 THE market closed mixed yesterday with commercials and industrials rising while minings and oils declined, dealers said. Turnover dropped to 5.68 million pesos from Monday's 6.52 million. OCT 16 PftM Acoje Mining AUu COO. A AUaj Con. B. Bacuio OoM Benguet Con. B BF Ooodrtch am 23-SO 00# Tlx115 words
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Article231 1979-10-17 4 OCT 16 Bants Mah Boonkrong Aila Credit Dry And S 328 •4 210 2 Metal Box Asia Fibre 180 1 New City Ayuthaya Inv Raja Finance And Trust Rama Tower 103 unch Bangkok Safety InsurInvestment Ance Bangkok Bank Bangkok Drying And Alio 340 -2 Saha Patana Investment Bangkok Insurance231 words
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Article319 1979-10-17 4 THE market moved nervously within a narrow range yesterday before closing higher. Interest was mainly on HK Land and its warrants and other property shares moved higher in sympathy, notably Hopewell Cheung Kong. The discovery of oil off the Pearl River is still keeping interest in the stock market319 words
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Article65 1979-10-17 4 FINANCIAL TIMES INDUSTRIALS Monday 468.0 Friday 475.0 Week Ago 486.0 DOW JONES AVERAGE INDUSTRIALS Monday 831.06 Friday 838 90 Week ago J 857.5# LONDON DOLLAR PREMIUM Monday 32 to 32'» Friday 34 to 34'* H.K.HANG SENG Tuesday 055.02 Monday ***** Week ago Mill SYDNEY INDUSTRIALS Tuesday 525J6 Monday65 words
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Page 4 Advertisements
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Advertisement84 1979-10-17 4 •s i rW$ life Just pick up the phone and Emery picks up the responsibility. »v» When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as84 words
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OVERSEAS
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351 1979-10-17 5 AFP LIBYA has raised the price of its crude oil above the ceiling of U5523.5 a barrel agreed by the Organisation of Petroleum Exporting Countries (Opec) in Geneva at the end of June, oil industry sources said in London. They said Iran, despiteAFP - 351 words
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173 1979-10-17 5 Reuter THE fact that the British Companies Bill introduced in June excluded proposals concerned with insider trading and the conduct of directors does not indicate the British government intends no action on these matters, Trade Department Minister responsible for companies Reginald Eyre said.Reuter - 173 words
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Article, Illustration76 1979-10-17 5 Yon might have a little trouble folding this map it's 6.1 metres high and 15.2 metres long! Located at the Lockheed-Georgia Company in the United States, the terrain map is used for engineering flight test purposes. A computer-controlled television camera provides a pilot in a simulated76 words
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Article109 1979-10-17 5 Reuter IT IS imperative that effective strategies be worked out to deal with the next, almost inevitable, crisis in the oil markets, International Energy Agency (lEA) executive director Ulf Lantzke said. He told a national energy conservation conference in Canberra the current tight supply/demand balance isReuter - 109 words
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Article726 1979-10-17 5 ARRIVALS Service Local Operator Number Time From GIA GA944 GIA GA908 UB UB231 THAI TG423 PAL PR501 SIA SQ63 GIA GA982 SIA SQ201 MAS MH684 MAS MH651 SIA SQ61 SIA SQ117 SAS SK971 GIA GA900 SIA SQ455 CAL aoio SIA SQ203 ALANKA UL323 GIA GA984 SIA SQ106726 words
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341 1979-10-17 5 SIR Freddie Laker, the enterprising British airline operator, may be headed for a European Court of Justice ruling on his proposal to start no-frills flights within the Common Market, a European Community source said this week. Sir Freddie's application for cut-rate air fares341 words
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398 1979-10-17 5 NYT BERNARD Cornfeld was acquitted in Geneva Monday by a jury trial of charges of having defrauded employees of his Investors Overseas Services Ltd (IOS) by selling them shares in the multi-million dollar financial complex when it was nearing collapse. The jury ofNYT - 398 words
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191 1979-10-17 5 Reuter FRANKFURT'SBundesbank president Otmar Emminger said he is confident West Germany's year-on-year inflation can be reduced from its current 5.3 per cent to between 31/2 and 4 per cent in 1900. He said this target level should be used as a basis for the comingReuter - 191 words
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596 1979-10-17 5 AP THE chairman of the Federal Reserve Board Paul Volcker, said the new US credit squeeze is painful, short-term treatment that might start paying off within iyonths. "It's never pleasant to tell someone the pain in the short term is better than the pain inAP - 596 words
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WORLD IN BRIEF
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Article406 1979-10-17 5 Agencies BRITISH Airways and Air France fired the latest salvo in Europe's air-fares battle by cutting the cost of return flights between London and Paris. Bidding to keep ahead of small independent operators, the two state-owned airlines announced that from Oct 28 they will offer return ticketsAgencies - 406 words
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Page 5 Advertisements
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Advertisement38 1979-10-17 5 I 4 -I 1 p V." J2 V A 0 o\'f )< *c i<r 3E225P' ■ttK im i a 1 MM m i M w w« i >* 9 r u *3C V- cf Mi 22 ft Lang Km As38 words
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Article304 1979-10-17 6 COMPUTERISATION and the use of machines in retail banking has been held out as a means of overcoming the shortage of workers and improving services in the industry. And it was only natural that the introduction of automated teller machines (ATMs) be greeted with some304 words
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Article312 1979-10-17 6 DESPITE a large increase in bus fares in September, the Consumer Price Index has been kept down remarkably well. The latest figures showing a 1.6 per cent increase in September CPI over August and a 5.8 per cent rise over the 1978 month may be312 words
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Article892 1979-10-17 6 RICHARD LYONS - By RICHARD LYONS NYT PETROLEUM experts are warning that an accumulation of announced or likely cuts in oil exports by the main producing nations will mean petrol lines across the United States again next summer. Discussions with a number of Federal officials and oil industry executives indicate aNYT - 892 words
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Article, Illustration1363 1979-10-17 6 S. UMADEVI - By S. UMADEVI WHILE people living in the industrialised countries of the West are moving out of cities to live in the suburbs, developing countries are faced with a massive drift from the countryside to the towns. The problem of urbanisation is essentialy a1,363 words
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Page 6 Advertisements
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Advertisement36 1979-10-17 6 TO ADVERTISE YOUR INDUSTRIAL PRODUCTS AND SERVICES TO MORE THAN 30,M0 BUSINESS TIMES READERS IN OUR TUESDAY INDUSTRIAL SERVICES COLUMN PLEASE CONTACT: TOMMY LEE BUSINESS TIMES 1 NEW INDUSTRIAL ROAD SINGAPORE 1953 TEL: 284-8844 EXT 25336 words
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Page 6 Miscellaneous
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Miscellaneous1472 1979-10-17 6 Darwin's discovery "HOW WIDE aras the dlstaaee tehww Savage aad Civilised Maa?" Darwla eeatlaaes u> question the ud verse sf wUek he la u integral pvt. Oar latrepid explsrer aad aatarallst n Chaaael 6, I.Mpm, makes s remarkable discsvery alaag the Argeatiae esast whea he aaearths the fsssllised resf lmmeaae1,472 words
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Article, Illustration1676 1979-10-17 7 ANTHONY HARRIS - VOLCKER'S EFFECTIVE SHOCK TO U.S. MARKETS The Federal Reserve, led by Mr Paul Volcker (right), has made three basic changes in its monetary policy, taking the US into financial waters, which are as yet uncharted in New York. ANTHONY HARRIS examines the Fed's approach to the US1,676 words
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Article191 1979-10-17 7 "FROM the sands of Saudi Arabia rose one day, Harrods, the mighty British edifice to elegance and good taste". It is a 20th century Arabian Night Z folktale. A consortium of Saudi" businessmen has hired a firm of London shopfitters and designers to produce a copy191 words
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952 1979-10-17 7 ELIZABETH FOWLER - By ELIZABETH FOWLER NYT EXPERTS in investment analysis talk about two sides of the street the sell side and the buy side. Brokerage companies and other investment organisations constitute the sell side, utilising investment analysts for research on securities to be recommended. TheNYT - 952 words
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Article998 1979-10-17 7 JOHN TAN - FOBUM. with JOHN TAN IT MUST have been with some dismay that many Singaporeans received the news from a local survey company that two of the most popular television programmes are Wonder Woman and Charlie's Angels. These combine the same ingredients: Liberal views of the998 words
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Page 7 Advertisements
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Advertisement224 1979-10-17 7 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market Whether for use tn industry or the home, every product reflects some new development in engineering or marketing expertise If you're involved224 words
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Advertisement43 1979-10-17 7 Looking for EXECUTIVES PROFESSIONALS CJ ft, 4 Reach them at their homes through the appointments page in M AI Sunday Nation reaches 60% of the English 'literate executives and professionals in Singapore. For more details please call Froncis N9 ot 284-8844 Ext. 335?*^43 words
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Page 7 Miscellaneous
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Miscellaneous19 1979-10-17 7 Bristcw:?^ OJITH Pi H6.V *&**i NOMV p*ts ps CCHfI CHft I EC ■i"i^i T^jt£2& 3 Sn 5 e wl19 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article195 1979-10-17 8 OCT IS FIs ABN 345 00 "1.5 Ahold 87 00 -0.5 Akzo 28 00 -04 AMEV 97 40 -08 Amfaa 130 00 -2.7 Amro Bank 70 40 -0.6 Bergoss 58 50 03 Berk 103 30 -02 Bols 8830 ♦fa Borsumij 174 00 1.4 Burhmann Byenkorf 88 80 -0.7 Calve195 words
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Article270 1979-10-17 8 OCT 15 Frs CORBEILLE Alr-Llquide 474 SO 3 9 B S N Gervals Oanone 880 16 C S F (ThomsonCsf) 428 -12 Cie FrmciiK des Petroles 294 -4 Compagnie Ftnanclere Compagnie Generate 356 •U Credit Fonder De France 506 Hachette (Libralrie) 201 -3 Machines Bull 66 70 -13 Mlchelln270 words
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Article156 1979-10-17 8 OCT 15 Francs Actions Sulsses Alusuisse Br Alusuisse Reg Brovm Boverl Br Clba Oelg} Br. Clba Oeigy PC™ Clba Oelgy Reg Credit Suisse Br Credit Suisse Reg Elektrowatt Br. George Fischer Br Globus Pc Hero Br. 308 1340 SO* 2000 Mas 1050 706 431 2100 7» 440B 3060B 1156 words
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Article213 1979-10-17 8 OCT 15 Dm A«t-Telefunk»n 40 JOB Akzo 25 50 -0 5 AIli Leben MO 00 -S Alls Vera <ao 00 •10 BASF 142.10 -1 Bay H T Wbank 242. OOB Bay Vbank 2M 10 Raver 132X0 -IX BBC 292 00 _4 BMW 175*) ♦<u Canei)a 300 OOB Chun Verv213 words
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Article82 1979-10-17 8 OCT IS FT* FORWARD MARKET A r+r JfO -8 Arbed .15 Amtnr 000 10 Brucan m Bru-Lamb -22 Canpar 806 Cock 406 1 De Beer* rm 3 Ebet 2190 -10 Etecirobel 0000 Ob-Inno-Bm 2500 4*30 Oev -4- 111! 28 Hobo* -IS Petro 5640 -00 Ryl Dutch SIS -e -3B82 words
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Article101 1979-10-17 8 OCT 15 Urc Ante _c_ 1175 unch Anoc Oen -790 Buiofi 712 -S Central* MOD -100 rut 25*5 Flnatder IS -3 Oen I m mot) 75.25 -1 IFI Prt 276! -45 Italcementl ***** -900 IUlf»l 753 •1 luiskter MO -5 Majneti M Ft m unch Marrlli Ere 300 -4J101 words
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Article212 1979-10-17 8 OCT IS C Abltitri 18 46 -H AlC&ft 1 Alfomi 11 23 uncn ZJ'. -<* 20 .<• 34 unch Bank Mont Bank Norm Scolla Bell Tel .J Beth Corp BP can Ltd Braaran I4N BS. ->» 84 s. MV -l 1 Camp Red Lake i Can Imp Bk 1212 words
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Article298 1979-10-17 8 OCT IS R&nd INDUSTRIALS A Alpha 210 4-5 Abercom 262 -g AE And CI 500 unch AMIC 1125 Barlows 000 unci) C« Sugar 800 20 CNA 300 unch Currie Finance 115 unch De Beers Ind 1650 Edcon 405 unch Edgars 4000 •150 E*er»ady red Voik IIII 230B Fugll f298 words
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Page 8 Advertisements
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Advertisement147 1979-10-17 8 Where to wine, dine and entertain Trade Ce you mus miss itfc»r,; Delectable local dishes and Western v lunches set in daintily stylish jpp) Scandinavian decor. '*3~^ Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and snacks from 3.00pm spm v-s You've got to try it to believe! Fabulous147 words
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Advertisement177 1979-10-17 8 For banquets. For conventions. For other functions of flawless finesse. I'Urh tH >n.s /(>r up u > 2S() \sf.s I nternati< >/hii menu* u > cht >< »s« 1 fr< >n: ample te rar >,jt <<! audio visual i(ju:p>mt'nt Ample parking space A C «-iiiiii-a Ciirk SlM nuiNi« l SHE9ATCN177 words
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Advertisement136 1979-10-17 8 See Page 4 lor Asian stocks See Page 9 for NYSE prices JU\jT Si;in?oso m Seafood V k i? IR.^V S V *r :W •V V C* s Cufkpil thnlrl ■•v *4 mi a* «b' 'B iT i i? t--7 > v 4!! m m House Affair Everyday is a136 words
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Advertisement138 1979-10-17 8 UMKHAT HH'S Savour the true flavours of Singapore in cool. exotic, fopicai surroundings at the newlook Hm 's Heavenly Cook house- Choose from a .vhole variety of local foods like Wta&ik Steam-Doat. Malay Cu'nes !\ioodles Smoked Du( kind Sue Hi no Pig Satay Cniiii Craos Exceptional Cantonese menu Dy ceieorateo138 words
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Advertisement230 1979-10-17 8 I i'jfc. -i M .*> y M Merlin's New Grill Room It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen's Buffet (Mondays to Fridays) offers a fabulous spread. There's Prosciutto Crudo# Gammon Ham. Cold and Grilled Lobsters, Baked Crab. Fillet Migjjon Bernaise. Tournedos230 words
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BANKING AND FINANCE
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Article493 1979-10-17 9 THE US dollar opened higher yesterday, firming throughout the trading session, particularly against the yen which touched a record low for this year. Trading in the yen sector was very volatile. News ef an oil price increase by Iran and Libya affected the yen badly. Opening at 230.60/70,493 words
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Article179 1979-10-17 9 -THE US dollar for overnight Unlivery closed sharply firmer at 231.70 yen yestercompared with a 230.30 opening and 229.05 at Monthly's close, despite continJmSI Bank of Japan yen-sup-■pwrt intervention, dealers lid. The Bank of Japan sold 40* estimated US$4OO million the day to support the yen in the face179 words
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Article186 1979-10-17 9 Asian rates ASIAN currency deposit interbank rates as at close on Oct 16: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollars*Spot) Offer Bid 13'. 13'. 14'. 14'. 14 9/16 14 7/16 14 15/16 14 13/16 14 13/16 14 11/16 14 1/16 1315/16186 words
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Article55 1979-10-17 9 RANGE of prices offered by discount houses on Oct 16: Overnight 3' r i 5' i'/i Call deposits 5' i r A Closing Buying Selling 3 month Treasury bills 5'« 5'» 3 month Bank bills 8'» 8'. 3 month CD 8'< 8 s 6 month CD 8 15/16 855 words
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Article22 1979-10-17 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9 per cent.22 words
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Article55 1979-10-17 9 AUSTRALIA/NZ exchange quotes on Oct 16: US dollar -1.1168/1.1120 Sterling 0.5206/0.5142 Ninety-day air mail buying Sterling 0.5435 US dollar -1.1660 Ninety-day forward buying rates: Sterling 0.5260 US dollar -1.1306 NEW ZEALAND: Reserve bank midrate: US dollar 0.9854 Trading bank indications: Sterling: 0.4588/0.4558 US dollar 0.9904/0.9804 Ninety-day airmail buying rates:55 words
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Article309 1979-10-17 9 THE SINGAPORE gold futures market yesterday closed between US$l.6O and US$2.5O lower in quiet selective trading, dealers said. Trading was fairly quiet ahead oI yesterday's US Treasury gold auction, with interest mainly on December and February contracts, they said. Turnover was 262 lots compared with 367 lots overnight. December309 words
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Article201 1979-10-17 9 THE US dollar opened firm against main European currencies and the yen yesterday, continuing its overnight trend in New York and the Far East. The yen started weak at 232.30/40 to the dollar, extending an overnight fall which took it to a low of 231.70 in Tokyo and 230.30/40201 words
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Article263 1979-10-17 9 THE US dollar was marginally firmer in late Hongkong exchanges against most major currencies, while the yen continued to weaken, dealers said yesterday. The dollar firmness was attributed to wide interest rate differentials between Europe and Japan on the one hand and the US on the other, with Fed263 words
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Article1183 1979-10-17 9 s&EWYORK fifcws of oil prices increases by a and Iran further battered a «tack market on Monday which had suffered through one of its sharpwit reversals in history. Analysts said the oil price increases, coming a week after the federal Reserve announced stringent AJMti-inflation measures,1,183 words
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191 1979-10-17 9 AP AN INFLUX of funds and a US$23O million deposit by the Central Bank in local commercial banks have arrested the unprecendented upward trend in interest rates on short-term loans. The Kuwait Commercial Bank reported that interest on non-collaterised, one-day loans has gone downAP - 191 words
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Article88 1979-10-17 9 AP ELEVEN Japanese banks signed an agreement on Monday to lend Australia's Qantas 10.8 billion yen to buy two Boeing 747 Jumbo jetliners. Mitsui Trust and Banking Co said. This is the first time Qantas has raised funds in the Tokyo market. Mitsui said it isAP - 88 words
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Article515 1979-10-17 9 THE HONGKONG and Shanghai Banking Corporation (HSBC) has moved its prime lending rate up a quarter percentage point to 9 per cent from today. It is the latest bank to join the race in raising the prime rate which currently averages 9. The move upward515 words
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Article346 1979-10-17 9 NYT TRADITIONALLY, credit unions have offered consumers some of the best borrowing deals around. They still do, with federally chartered credit unions charging a maximum interest rate of 12 per cent per year and statechartered credit unions charging from 15 to 18 per cent. But consumers whoNYT - 346 words
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Article248 1979-10-17 9 Reuter EAST EUROPEAN borrowers have returned* to the dollar syndicated loan market after the summer lull, banking sources said. A credit of between US$2OO million and $300 million is being arranged for the Romanian Foreign Trade Bank at the finest terms ever obtained by that country. TheReuter - 248 words
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Page 9 Advertisements
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Advertisement17 1979-10-17 9 UNION PACIFIC ORIENTED o<m 9100 ibMm ol rot in USA fc: 3E *8 U»« ON PAC 'fti17 words
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Advertisement131 1979-10-17 9 The international bank with your interests at heart. m G p.oumdl| I i UNDBK 9. t? lit li f K STATION UNO v "V -dT«r c #V .n«c^ t,ON i V >', I* k-Uku i<£ rTTT: 1 •d o* L-NTRTHERN iCT CIRCLE ik N Ui LOO CITY LINES Lavatories i)131 words
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1347 1979-10-17 10 BUSINESS DONE ON THE SES THE KLSE BID tad after price* officially listed and Umlihm In u levorted to the Stock Eachaag* at Stagapor* ym-te-day with the number of ihares traded attowii In bracteta In lots of 1.000 units unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Acma (2 406) Allied1,347 words
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Article170 1979-10-17 10 SINGAPORE UNIT TRUST S pore Growth Fund 1.17' j 1.SW (HiaMli" prtcm 1 tar Ort 11) INCOME BOND UNIT The Commerce 2 16 2 29 (Can rsat pr teas) The Saving Fund l.» 1.47 Income Bond 116 122 S pore Prog Fund 0 96 l.OUd S pore Sec.170 words
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Article2657 1979-10-17 10 1979 High Low Company Laat Sale orGr« Div Div Cvr Gr*« Y'ld Net P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 196 123* Alcom 148 110 Allied Choc 180 139 B A T 272 255 Bata 74Mi 57 h Ben 255 185*2,657 words
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Article60 1979-10-17 10 ft 3/4% 1/8/78-80 (250.000) (99.758 90.908) ft* 1 ft/4/81 (2SOJOO) (97.858 98.008) 1/4* T P 15/10/93 (250 AM) (90.958 100.206) 8 1/4* T P 15/9/95-97 (250,000) (99.968 100.158) 1/4% T P 1/5/97 (250.000) (W. 968 100.156) 1/4* T P 15/4/98 (250.000) (M.908 100.106) 1/4% T P 1/8/98 (250,000)60 words
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Article91 1979-10-17 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. Haw Par (Dec *1.40) (0.158 0.245). Paa Electric (Dec $1.30) (0.248 0.33S Prima (Dec91 words
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Article1499 1979-10-17 10 BID and offer price* officially listed and hi NintH in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots at J LOW units unleas otherwise specified INDUTTBIALB awß) —I Akw (I.SQB) Id Aie* laid (1.305) A1,499 words
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Article101 1979-10-17 10 Antral AasalgaiBated Ha Mi: AGM to be held at Wlama Bunga Ray*, 152, Jalan Ampang, Kuala Luro- pur 04-06, on Oct 26 at 2pm. LM:* AGfcfto"beheld Tt"the. Fortune Room, 2nd Floor, Merlin Plaza, Beach Road, Singapore, on Oct 30 at 12.30pm. Syadle^e'llir^AGM'to'be held at the R»ngnn»n Yeo Seng,101 words
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Article, Illustration686 1979-10-17 10 SENTIMENT teak a tan far the better at the Steek Exchaage af Wagspm* yeeterday. IMkg was Cket dariag ant ef the y, kit prices were geaerafly steady, la the last half bear, pncw ot vpvorisvf 9MCU begaa te stir ea light sappert. Bawever, the686 words
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587 1979-10-17 10 SHARE prices continued to recover well on the Kuala Lumpur stock market yesterday to close on a steady note. Volumes were again lacking but at the final bell, fair gains were posted across a broad front. The New Straits Times Industrial ordinary share index,587 words
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COMPANY NEWS
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Article, Illustration1000 1979-10-17 11 P GUNASEGARAM - By P GUNASEGARAM WITH the long awaited cement price increase finally coming through in favour of cement manufacturers, Pan Malaysia Cement Works (PMCW) can now perhaps concentrate on arresting its earnings slide since 1976. While it is too early to gauge accurately the impact of1,000 words
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Article261 1979-10-17 11 AT A time when many tin companies are faced with reducing output because of the depletion of resources, Ayer Hitam Tin Dredging has managed to boost production of tin concentrates and has reported a substantial rise in earnings. Pre-tax profit for the year ended Jane M,261 words
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460 1979-10-17 11 FANCY Tile Works earned an unaudited pre-tax profit of 1761,000 for the eight months ended Aug 31, 1979. This was disclosed in the company's offer document issued in connection with its proposed three-for-two rights issue. The figure does not, of course, take460 words
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Article283 1979-10-17 11 EDIBLE oil manufacturer, Hwa Hong, in reply to last week's query by the Stock Exchange of Singapore that no statement had been included or omitted from its prospectus without the fullest consideration and advice of the company's advisers as to accuracy and materiality. The company283 words
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614 1979-10-17 11 waaa by HOCK LOCK SIEW WITH the blue chip stocks still licking their wounds inflicted by bears during the past week, speculators with plenty of cash have turned their attention to the third liners whose downside risk is considered minimal. Noticeably, sharesby HOCK LOCK SIEW - 614 words
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Article156 1979-10-17 11 Company Period Date Announced lad year La Net EPS (cents) st Full Year Gross Div. Pre-tax Profit (m») Bo vis D Keramat s I I 15/9 20/9 89.8 146.5 14.509L 25,895 Mai Bank Sea View F F 23/9 30/9 28.6 17.5 25,742 282L Syn Resins Rah Hyd F156 words
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Article682 1979-10-17 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Apollo 5%1 Oct 11 'Oct 18 Oct 30 5% 7.5% Pub Text 5%ITE Sept 12 Sept 24 Oct 18 5% (JOB 5%I Sept 24 Sept 29 Oct 19 5% 12.5% Dunlop Est682 words
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Article123 1979-10-17 11 Company Particulars Ex Dale Book* Close Rothmans Kemayan SEA Corp Temerloh Fancy Tile M L Ind Pub Te*t Bonus Issue of 1 for 5 Bonus Issue of 1 for 4 Bonus Issue of l for 1 Bonus Issue of 1 for 1 Rights Issue of 3 for 2123 words
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288 1979-10-17 11 CHAN BONG SOO - ■arta Talk... By CHAN BONG SOO LAURENCE, Prust and Company in its latest weekly news says that National Iron's shares, at their current level, are still not overvalued. At the time of Laurence, Prusts' report last week, the shares were last dealt in288 words
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LATEST RESULTS
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Article50 1979-10-17 11 has reported a pre-tax profit for the six-months ended Jun 30, 1979 of M 51.61 million compared with $1.53 million previously on sales of $11.99 million ($12.21 million). The directors said they do not expect any material change in the results of the company for the secondhalf year.50 words
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Article51 1979-10-17 11 has reported pre-tax profits for the half-year ended Jun 30, 1979 of M 5516,715 compared with $565,790 previously, on sales of $7.56 million ($6.24 million). The directors said that the results for the second half-year will be more or less the same as that for the51 words
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Article312 1979-10-17 11 THE question as to whether or not to scrap share options trading in Singapore will almost certainly arise at the annual general meeting of the Stock Exchange of Singapore (SES) on October 27. If it does, the chances are that the SES will terminate its pilot scheme312 words
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Article360 1979-10-17 11 MALAYAWATA Steel has informed the SES that Messrs Jun Tanaka and Shigeo Tominaga have resigned from its board of directors and that Messrs K Takayanagi and Akito Odake have replaced them. MR. M M Murray has been appointed deputy managing director of Datak Keramat liHagi Datuk Keramat Properties360 words
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Page 11 Advertisements
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Advertisement67 1979-10-17 11 iU KEEP UP WI YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and maU it, together with payment, to: Times Publishing Bhd. AWSJ Subscription Dept. Times iHouse River Valley Road Singapore 0923 r, Please enter my subscription for 367 words
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647 1979-10-17 12 LEE YOKE MENG - By LEE YOKE MENG THE introduction of Singapore's first automated teller machines (ATMs) by the Chartered Bank has put the country another step forward in the sophistication of its financial and banking services. Such machines, replacing human counter tellers, are used in only the647 words
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239 1979-10-17 12 THE Singapore Medical Council has ordered that Dr Chung Weng Siong be censured and that he give an undertaking in writing not to repeat similar acts in the future following a disciplinary inquiry held on Oct 10 and 11 into a complaint against him. The239 words
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Article75 1979-10-17 12 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah's 1960 budget will take into account the overall national priorities and the socio-economic needs of the economy and the people as a whole, a Treasury statement said. It aims to reconcile the wide and varied interest of all sectors of the75 words
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131 1979-10-17 12 SINGAPORE'S real growth rate for 1979 could exceed 8 per cent, according to an economic report issued by the Private Investment Company for Asia (Pica). "The economic outlook for the second half of 1979 is still cautiously optimistic," says the report, "despite the effects of131 words
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Article, Illustration319 1979-10-17 12 ON THE second day of his historic visit to Western Europe, Chinese Premier Hua Guofeng launched a stinging attack on the Soviet Union and its allies, Cuba and Vietnam, and warned that the "hard realities" demanded a unified European response. "In Europe, in the Middle East,319 words
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Article407 1979-10-17 12 A REMISIER told a district court yesterday that she did not realise Hong Leong Finance Limited (HLFL) had plans to takeover Singapore Finance Limited (SFL) even though she ha(f bought, within one week, 258,000 SFL shares for the HLFL managing director, Mr Kwek Leng Beng.407 words
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Article152 1979-10-17 12 ACCOUNTANT Quek Shi Kui, testifying at the Tarling trial, said his accounting firm Arthur Young was entitled to exercise the accounting principle of prudency in drawing up the accounts of Haw Par Brothers International Limited (HPBIL) for 1972 and 1973. In his resumed re-exami- nation by defence152 words
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Article850 1979-10-17 12 LONDON, Tues. Share prices closed a shade lower In quiet trading ahead of the UK trade figures, dealers said. EMI featured, rising 33p to 128p after takeover proposals from Thorn, which dipped 34p. Dealers said the large rise in EMI was reflected in the FT index which at850 words
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172 1979-10-17 12 A TWOday Asean preparatory meeting will be held on Friday in Canberra before Asean civil aviation officials meet the Australians to finalise interim agreement on Asean participation in the low fare scheme between Australia and Europe. The Singapore delegation, led by Mr172 words
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Article176 1979-10-17 12 A COMPANY in Kedah has succeeded in producing cement from padi husk ash, prompting the State government to encourge the establishment of more such ventures to meet the increasing demand for cement and provide more job opportunities. OAAssociate has developed a process to manufacture176 words
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Page 12 Advertisements
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Advertisement150 1979-10-17 12 NOTICE To the holders of the floating rat* U.S. Dollar Certificates of Deposit due 22nd October, 1964 of. THE SUMITOMO BANK, LIMITED Ground Floor, DBS Budding 6 Shenton Way, Singapore 0106 We hereby certify that the rate of interest payable on the Certificates of Deposit for the Interest Period beginning150 words
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Advertisement86 1979-10-17 12 an-the-go credit card sized electronic calculator does more than offering calculating shortcuts to enable him to* get faster to the top than anybody else. EL-8245 8-digit Calculator with •World-time •Calendar •Alarm •Timer oQuart* dock EL-8145 EL-6140 Upright or Sideways, both are super slim, extra trim at 3.Bmm. Credit card sized86 words
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Page 12 Miscellaneous
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Miscellaneous191 1979-10-17 12 THE rainfall for the first two weeks of October 79 was above average over about 50 per cent of Singapore. The highest rainfall for this period was 210 mm recorded in the southern part of the Republic and the lowest rainfall was 62mm recorded in the eastern corner of the191 words
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SHIPPING TIMES
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PORTSIDES
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Article154 1979-10-17 13 AFP THE CHINESE merchant fleet is expected to play a "growing role" in international seaborne trade, H.P. Drewry (London-based shipping broker) states in a special report on China's commerce and shipping. At the moment, China's bulk dry imports account for between 2 and 3 per cent of worldAFP - 154 words
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Article52 1979-10-17 13 Reuter ENGENHARIA E Maquinas SA of Brazil has sold three bulk carriers worth between US$6O million and $70 million to foreign shipowners during a shipping conference in Rio de Janeiro, company chairman Julio Lobo Filho said. He declined to specify the buyer but said delivery was scheduled forReuter - 52 words
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Article46 1979-10-17 13 AFP MEMBER lines of the Hongkong-Panama freight conference have announced the introduction of a US$5 per revenue ton bunker surcharge effective Nov 16. The announcement said it was necessary to do this in order to partially offset recent substantial increase sin bunker prices. AFP.AFP - 46 words
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Article, Illustration590 1979-10-17 13 HSUNG BEE HWA - By HSUNG BEE HWA THE GROWING trend towards containerisation has prompted yet another shipping firm to upgrade its container handling facilities. Sen Kee Transportation, a local company engaged in freight forwarding activities since 1958, will invest more than $3 million in a590 words
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Article294 1979-10-17 13 Reuter LLOYD'S of London's overall underwriting profit for 1976, the latest available year under its three year accounting system, slipped to £122.8 million, from the record £135 million the previous year. A statement said the profit margin on premiums fell to 7.21 per cent from 8.54 perReuter - 294 words
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Article277 1979-10-17 13 AP NORTH American grain expert trades maintained a fairly brisk flew of charter activity an the London freight market an Monday, and rates were ahont in line with recent firmer payments. But attention turned ta the European sector where timecharter operations expanded and liner tonnage achieved better levels.AP - 277 words
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1382 1979-10-17 17 SHIPPING LIST where your ships are due and when 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 Port1,382 words
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Article934 1979-10-17 18 f RECEIVING OF EXPORT FCL CONTAINERS 1 I AND LCL CARGO AT CONTAINER TERMINAL 1 (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent I ana is subject to change 1 (2) A11 export FCL containers and LCL cargo must be delivered to the934 words
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799 1979-10-17 18 PLANS for a new common user four-berth combi terminal to handle vessels carrying both containers and general cargo at Langton Dock, Liverpool have been outlined by .Sir Arthur Peterson, chairman of the Mersey Docks and Harbour Company recently. The new terminal costing £8.5799 words
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398 1979-10-17 18 Lloyds List MITSUI OSK Lines (MOL) plans to dispose of 32 old ships and build 12 new ones including three containerships at a cost of over £145 million, in the next three years. A thirteenth ship has already been bought under theLloyds List - 398 words
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Article81 1979-10-17 18 Reuter A 27-DAY-OLD strike by share warkera af Calcutta Pert fellewlag a pay settlemeat with the Pert Trut, the Preas Treat ef Ui» reparteft. SMay-ald strike by grala haadllag warkera 2 f rf e r P*rt»tfe« ef ladle la the weaten state ef Maharashtra baa alaeReuter - 81 words
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Article548 1979-10-17 18 Shipping Line ACS P»ge n (M 5 Afea IV 3 Alfred V 2 Alpac IV 5 Angkutan V 4 ANL i 1 APL < m 2 Arya Nat n 5 ASCL m 1 Asia America n 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank548 words
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873 1979-10-17 18 Lloyds List FRAUD is nothing new; undoubtedly it has to a greater or lesser degree affected all aspects of civilisation since time immemorial. However, so far as shipping is concerned fraud has recently assumed alarming proportions and if its progress is unchecked itLloyds List - 873 words
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Article, Illustration405 1979-10-17 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Amalienborg (Tanker) (1100 subject gas free P/O) 13/14 Barber Taif (0600 after Filipesti hauls) 46/47 Ibn Tufail (after Yu Quan Shan hauls) 33/34 Marie Bakke (after Barber Taif must sail not later than 1500 20th) 47 Nippon Maru (Sea Youth) (0600 must405 words
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Page 13 Advertisements
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Advertisement386 1979-10-17 13 I'vavtt Lines NX TMI MOST PItQUIMT SAIUM«S TO IANCROK MOMCKOHC JAPAN rUSAN. Ev«r«ft StMfrwNp Corpn. t/A CM'»d S."tOOo«» 14 Im" J6 «0l OC «C 3 *v» «wo SOCV*'* CO iHC T* Jt772f > A R DIN I \N I H m *4 Orient Overseas Co*dtu*ieA Line S S£AS BRDGE 23*386 words
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Advertisement329 1979-10-17 13 85 3E SEALORI) UJ ANTAI M m UASC UNITED ARAB SHIPPING CO (SAG) 'M'MPu GULF WEEKLY MULTI PURPOSE SERVICE^] S pore J Loading for BN TUFA*. In Port Gdn Kuwait (29/10). Shuaiba (31/10). Dammam 33/34 (5/11). Dubai (7/11) 28/10 I Mma Qaboos (9/11). Shuaiba (12/11). Kuwait I (15/11). Dammam (18/11).329 words
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Advertisement300 1979-10-17 13 NOL NEPTUNE ORIENT LINES LTD FAR FAST EUROPE FULLY CONTAINERISED SERVICE S S BROW 21 Oct 22 Oct N CORAL 27 Oct 28 Oct k lACfttN 31 Oct 1 Not N PEARi 4 No. 5 No. C RO/f 10 No. 11 No. C PAUI 16 No. 17 No. k MCE300 words
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Advertisement769 1979-10-17 13 JAPAN /SINGAPORE SERVICE Set Page IV Column 3 for Sailings Agents KYOSEI AGENCIES (S) PTE. LTD WAHMTING 9111?? GtNEHAI *****1 A V j I UNO ASIA I iNf SHN BHO I *****7 •P Kl ANG *****1 3 NENG *****/2 MAERSK LINE for US. Pac*c. PkAc NwM Btart. Mt t AttaMk.769 words
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Page 14 Advertisements
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Advertisement489 1979-10-17 14 7 Hapag-L Agents SEGANI S«ng jpo*f cis ?:i; 7 1711 y> i *o^ I ufT»p»K 4831 i 1 4N f Manj jBb*3 3 3* Pfnang >60 148HS4 UK CIS ,*V United States Lines WEEKLY CONTAINER SERVICE LOADING FOR: OAKLAND, LONGBEACH, PANAMA. SAVANNAH. NEW YORK, BALTIMORE. NORFOLK. HOUSTON. NEW ORLEANS. BARBADOS.489 words
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Advertisement403 1979-10-17 14 S£y£ barber blue sec From US ATLANTIC US GULF ft EAST CANADA Barter I (w Oct i Oct 70/77 Oct 70/71 I Oct 24/75 Oct 75/75 I Oct 30/30 Oct 70/70 Oct 31/31 Oct 77/71 MM lM hnittti Dec 17 OK 77 Dec 74 OK 77 U 12 urtMrnueSca To403 words
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Advertisement515 1979-10-17 14 EVERGREEN LINE FAR f AST EUROPE fXPRfSS FULL CONT AINf R SERVICE ACCEPTMG CARGO FOR HAMBURG. FELOSTOtt. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FM UNITED KMCDOM SOUTHAMPTON. lONOOM. MANCHESTER. BMMWGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKMfftHAVfN HOLLAND AMSTERDAM e*«*t- v MOd SuST into.'" imS?** n! Em In* 2515 words
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Advertisement940 1979-10-17 14 I Everett Lines Burma Fhra Star SMppiiit| Corpn. 'BURMESE NATIONAL LINE' LOADMG FOR RANGOON PAGAN HTANTAWYWA (WSCHARONG ONLY) 24/KOd f Rttai 27/29 Oct HAAQNG ONLY) 25/27 Od B F SS C Agent* n Motaywo TEPS MALAYSIA Port Ketong Tet (38V7355— Penang TH *****/***** Compama Argwitina D« 1»] Na vafacton Intarcontinamai940 words
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Advertisement694 1979-10-17 14 OlUl C UIU X IITILAJ) ff HeLO.S.E. A '<, A 'a V V s f OCEAN SHIPPING ENTERPRISES PTE LTD RM 210? 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTFI ROAD SINGAPORE 2 TEL *****44 7& *****70 S3 SANKYO LINE AUSTRALIA SERVICE TUE MAN rut RIVER. KVOTEH Ml P Ketent694 words
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Page 15 Advertisements
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Advertisement1021 1979-10-17 15 ■LHBkfc Overseas B I Containers ■mm Limited Weekly service to/from UK/Europe To UK/Continent Cardigan M 26Oct 21 Oct 7 Nav Tate Eiprets 27 Oct 14 Nn Kootoan Bay -30 Oct 17 Nav Kaluga Maru 4 Nav 21 Mr* Mm Mam i Nav 2J Nav Kamata a Mara 10 N»v 301,021 words
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Advertisement899 1979-10-17 15 p GRANARD LINE Poet Sad/Alexandria/ Beirot/Lattakia P Sad/Alexandria/ Bewut/Lattakia RED SEA/MEDITERRANEAN SERVICE S'pore Mdai hm wwn wnrow V32W (F*y Booked) 5 Nov M.V. MAN AN V 33W 23 Nov M.V MAN Clf ONG U«L_ 17 Dec M.V. MAN FUNG V.35M. 10 Jan ACCEFTW CONTAMEt CMGO fa OUT M.V. MAN AN899 words
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Advertisement705 1979-10-17 15 BEN LINE CONTAINERS HBURG BHAVtN ROAM FROMIUROPI HBURG BHAVTN DAM HAVRE SO lON W Germany Austria Benelui Fronce Ai UK P Maw Rtane Mara Saded Sated Sated Sated SjM Kamakiva Mara Sated Sated Saded SaM 22/11 Ouka Bay SaM SaM SaM SaM SaM 27/11 BoruUer SaM SaM SaM SaM 17/11705 words
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Advertisement866 1979-10-17 15 Scan Dutch V 1?1 iA:< vi »:< i :■i\ i; i i -ma i\\ h A u'j I ;»i' J:i 'i I*KH *7i»j FRANCESCA 70 10 WO Mi 73/10 ft/11 ll'll 13/1 BtMGAOANMA 21/19 WO HOORN 30/10 14/11 ll'll 20/1 TRANCE SCJT ?/ll TOTMM 4/11 71/11 Tft/U 27/1 ftMGAOMLtt 1/11866 words
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Advertisement615 1979-10-17 15 LOADS FOR E. S. AFRICA KATEMNA DRACOPOU.OS Reunion OuftWf CtOffli. PI tlu LonOoni Auantafi In Port Today Sport U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) LETITIA LTKES (tfsdi t toads) Saifapore P. Keianf Kuantan US 24/27 Oct 2S/29 Oct 9 Dec O.S. WEST COAST SERVICE (Seattle, Tacoma, Vancouver615 words
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Page 16 Advertisements
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Advertisement951 1979-10-17 16 I "Kline KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA FEEDER VESSELS* n SP MOT** VESSELS TK LA SC NY tiW*rAcel2 21,10 24 10 3 Vessels 811 18 11 19/11 20/11 B*nny liader 12 28 10 31 10 3 Ve*«ts 14,11 27 11 23/11 11,12 Bowta Ace 13 411 7/11 3951 words
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Advertisement699 1979-10-17 16 E.C./6REAT LUES SERVICE ICMDME FOB *W TOM. MMFOU MONTHM. TOMNTO ISOTMUM Penaai Scitaan P Man| Smuxx ssa- CALIFORNIA/PACIFIC NORTH WEST SERVCE lot** tar lOS ANKLES. SM FUACBCO SEATTLE TtCOM* VANCOINSL B C EXPRESS CQNTAINER/CONVENTIONAL/ REEFER SERVICE "S O MMOML ruentr •so mam.m •so noiu piaocsk "SO WNPW IS Oct 21/21699 words
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Advertisement626 1979-10-17 16 VAOM S UUi MS J .A (ii'oup SINGAPORE SHIPPING AGENCIES PTE ITO M I' (AS HiJ'U •»>, NuAPO Nt S gf mn a, 9- H i> «SSfcS A H tR> P( AH.t Nl Si TSHIP rnnii Regional ILLOJJ Ijiiitaincr l.int's WEEKLY CONTAINER SERVICE to/from BANGKOK DSR-LINES fm Empt I MDTUH626 words
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Advertisement758 1979-10-17 16 4441 *YS/A* >*TI*SATK)*AL SmWNG CO*PO*ATKI* BI*HAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA I) Genoa 2) Amsterdam Antwerp I Havre. Bilbao Basle UK 3) Bremen. Bremenhaven Aartwv Copenhagen Hetenki 4) Matmo SlockhoUk Oslo 'Accepting [ikope cargo tor tender «a S port TOY ARM KORfiICAN AJTIANOIA B PERRMI WO Kin. SELANDM NNON758 words
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Advertisement763 1979-10-17 16 INTRASEA (PTE) LTD F aber House 234E Otcharfl Road Sir>oapore9 Telephone *****1 1 235-1057 J REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ALKYON NORASU N857 NORASIANBSI Spore P Kaimg Penang Loa*ig tar: ta Port 19 Oct Avon (UK)/Boulogne 12 Not 15 Wot Boulogne Antwerp/Avon Tilbury 30 Not 40k Rotterdam/Aeon/TWxirf MTRASEA763 words
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Page 17 Advertisements
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Advertisement471 1979-10-17 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE NLE U SLO OCT 3 OCT 20 I GENERAI AGfNTS L N SHIPPING PIE LTD !Ft ??3441l'(SINGAPORE ll* RS? 1017 SUB AGf NTS HSH M SON BHD TFI *****3 4860?/ .HI > *****6 iPK i ll* 39.' 1S *****? iPENANf,471 words
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Advertisement413 1979-10-17 17 r\ ALFRED C. TOEPFER SCHIFFAHRT Express Refuiar Service To Dubai ETA ETO MV AEGIS STOIC 16 Oct 23 Oct Eipreu Service to Damnum. Bahrain and Kuwait M. V. ANTONETTE 1 Nov 6 Nov Owners Representative Office Tel. No *****33 AG£KTS *W ORBIT TRMMG I SMPTME ML LTD. 2004. 2Mh ft.413 words
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Advertisement424 1979-10-17 17 COMBO LINE REGULAR TMBER/PLYWOOO BULK TEESTA NOOI COMBO NOO2 P KELANG LOG. FOR M PT Mantes/Newport 5/11 Nantes/Newport AGFNTS Spore M.?gn.? Shipping (Pfpt frf If I ??190!! b 4 PI Mang Perkapalin T.muf (jut Srtr Bhri Tfl 38 Bbo*> 7 Kualj Lumpur 9gb091 CELTIC BULK CARRIERS Regular Bulk Service For424 words
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Advertisement366 1979-10-17 17 GOLDEN LINE I(ssS<\ man 6MN SHIPPING (PTE) LTD |r"*- N a inw OYER SIKET. SMAPORE I. TEL. *****2 (ISIKS) 1 Trt hob Lmpw *****. P. I** 3(7*1. XMIt Pa* ta«M| Ifal; MOT UOTO (V) BN mm m UIN STRAITS/PERSIAN GULF SERVICE: S'pore P. KeUng Penanj GOUKR cm Data. Kuwait. Mr**.366 words
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Advertisement504 1979-10-17 17 C'«»w N«. 1 "SAINT LOIIROBS" Vay-l Arrived Ittk Ortokrr, lfjf Gtit mm St. 2 Consignees of all damaged cargoes ex the above captions vessel are notified that the General Survey will be held on Wednesday, 17th October, 1979 at J lining Port Godown No. 1 and J from 10.00 am504 words
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Page 18 Advertisements
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Advertisement82 1979-10-17 18 rl NOTICE FAR EASTERN NOTICE TO SHIPPERS CONTAINER SERVICE TARfF NO. 1 In view of a general increase in rates charged by container hauliers in Singapore it has become necessary for the conference to adjust the carriers' zone transport charge for movements to be effected on and after Ist November,82 words
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