The Business Times, 19 October 1979
1979-10-19
1
18
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The Business Times
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Title Section11 1979-10-19 1 BUSINESS TIMES M.C.(P) No. 1«/1/7J FRIDAY, OCTOBER 11, 1971 50 CENTS11 words
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BRIEFLY...
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Article71 1979-10-19 1 Reuter TOKYO, Thurs. The president of the Organisation of Petroleum Exporting Countries (Opec) said today the price of oil may be raised slightly in December. "Nothing has been set yet. But a slight raise may be made in December. I will try however to keep the priceReuter - 71 words
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Article74 1979-10-19 1 Reuter LONDON, Thurs. The owners of the Times met today to consider whether to pass a death sentence on Britain's oldest daily newspaper. The fate of the Times, the Sunday Times and three supplements was put before board meetings after months of often anguished union-manage-ment negotiations broke downReuter - 74 words
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Article67 1979-10-19 1 UPI WASHINGTON, Thurs. Senator Edward Kennedy will form a presidential campaign committee, possibily as early as next week, his press secretary said Thursday. The 'kennedy for President* committee will likely be headed by his brother-in-law, Mr Stephen Smith. The committee will be an exploratory group to raise fundsUPI - 67 words
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Article44 1979-10-19 1 Reuter SEOUL, Thurs. The United States today agreed to the co-assembling of American F-5E jet fighters in South Korea and to bring a squadron of A-10 close-air support aircraft here, sources close to current Korean-US security talks said today. ReuterReuter - 44 words
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Article74 1979-10-19 1 UPI JAKARTA, Thurs. The rate of inflation in Indonesia slowed in September, standing at 18 per cent for the first nine months of 1979, Finance Minister Ali Wardhana saia Thursday. Mr Wardhana said the consumer price index, calculated on 150 commodities and services in 150 Indonesian towns,UPI - 74 words
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Article52 1979-10-19 1 UPI TOKYO, Thurs. The Japanese government in an apparent effort to preserve relations with Arab oil producers, said Thursday it would welcome a visit by Palestine Liberation Organisation leader Yasser Arafat. "If Arafat wants to visit Japan, Tokyo would be ready to afford conveniences," said a Foreign MinistryUPI - 52 words
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Article58 1979-10-19 1 UPI NEW YORK, Thurs. The stock market headed slightly higher early Thursday in sluggish trading. The Dow Jones industrial average, a 1.20-point winner Wednesday after falling 68 points the previous seven sessions, was ahead 2.22 points to 832.93. Advances led declines, 602 to 381, among the 1,432 issuesUPI - 58 words
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Chief Price Changes
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Article128 1979-10-19 1 Rises S«l Properties Straits Trading 344 740 14 5 Kempas 520 +5 Kg Lanjut 300 5 Tong Meng S5 5 Kemayan 330 4 Public Bank 297 +3 Duolop Eat 426 2 MTC 428 2 Tan Chong 396 2 Duff Dev 326 2 Falls O Krramal nao -50 Eaao 525 -15128 words
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Article, Illustration151 1979-10-19 1 Rises Utd Mai 600 40 Malayan Tin 2140 20 Taiping Con 420 10 Kempas 520 10 Sel Prop 340 +08 A.M. D. 64 +06 Kg. Lanjut 310 +06 B. Lintang 318 +06 Falls KSidim 314 -12 Berjuntai 785 -10 Tronoh 990 -10 Petaling 1090 -10 D. Keramat 1160151 words
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Article, Illustration771 1979-10-19 1 JOHN LIM - PROPOSALS EXCHANGED By JOHN LIM SINGAPORE may soon conclude a trade agreement with China even though diplomatic relations between the two may still not exist, Prime Minister Lee revealed in an interview last week. Me Lee disclosed that talks are in progress to conclude771 words
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198 1979-10-19 1 TWO subsidiaries of Sharikat Harper Gilfillan have acquired stakes of 42.5 per cent each in the equities of the Van Der Horst companies in Singapore and Hongkong. The purchase will cost the group a total of M 52.105 million in cash, of which198 words
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Article393 1979-10-19 1 SINGAPORE investment in New Zealand is expected to increase during the next decade when economic growth in New Zealand accelerates. To facilitate such investments, the Development Finance Corporation of New Zealand is considering setting up an office in Singapore. In addition, the New Zealand Deputy393 words
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Article315 1979-10-19 1 THE motor industry will need an estimated 1,190 mechanics and technicians over the next five years, a survey by the Vocational and Industrial Training Board (VTTB) showed. This is the number needed to meet the demand of the industry as well as the needs arising out of the315 words
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231 1979-10-19 1 THE CHAIRMAN ef MatouklU Electric sad MutrUl Ctmptay at J»pu will arrive this Baad*y for the jaiat •pealag ccrcmaay m Mvaday at the Matsashlta graap af sevea campaalcs aperatlag la Slagapare. Flaaaec Mlalster Mr Haa Sal Sea will epea Ike eeremeay. ta will be231 words
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448 1979-10-19 1 THE Malaysian economy will remain buoyant this year but faces heavy weather next year because of the effect of recession in developed countries,according to the Malaysian government's economic report released yesterday. The report, prepared by the Treasury, said that the country's economy had withstood448 words
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Page 1 Advertisements
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Advertisement203 1979-10-19 1 One single development could send the Singapore stock market into a new growth phase "Forecast" explains what that single development is and how you can be in a position to know what to look for every day. H and when that development occurs, subsequent stock-market profits are likely to be203 words
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Advertisement9 1979-10-19 1 mmrn I [>) J->>l ITT SHIPPING TIMES rr •m* tih9 words
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Advertisement54 1979-10-19 1 Canon piQ-Q nictaoMic CMCWMC* IW If A "ftata M Pap*" Prinftkai/Olsptey CdcaM* iSfc-MM Ffe i« Ywr Hart Leader... Page C See back page when you ask a lot more from life,ask for the bestOld Grand-Dad 77/r Ijead of bourbon family 11 f n 7 4- k I'■ J 4 mza*54 words
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TRADE AND INDUSTRY
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Article, Illustration555 1979-10-19 2 HSUNG BEE HWA - TRANSPORT COSTS HIGHER By HSUNG BEE HWA INFLATION continued a slow climb in September, with the consumer price index advancing by 1.6 per cent over the previous month. The new bus fare structure effective from September resulted in higher public transport555 words
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Article, Illustration123 1979-10-19 2 A SINGAPOREAN has been appointed a Vice President of one of the world's largest banks, Bankers Trust Company of New York. He is Mr IMipfcm Chea Taa Chssag, foreign exchange aad money manager of the bank's Singapore branch. Bankers Trust Company, which had assets in excess of123 words
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Article123 1979-10-19 2 THE Singapore Tourist Promotion Board (STPB) will hold a two-week long promotion in Taipei as part of its new marketing programme to attract more Asian visitors to Singapore. The promotion, from Nov 7 to Nov 21, is jointly organised by the STPB, Singapore Airlines, Shangri-La Hotel Singapore123 words
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441 1979-10-19 2 A SINGAPORE company has won two big contracts at Machine Asia 79, the second South-east Asian production machinery show which ends today. The company, Wing Hup Yoke Kee Engineering, signed in the first three days of the show $727,000 worth of turn-key projects441 words
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Article215 1979-10-19 2 THE Korean stand at Machine Asia '79 has attracted keen interest, receiving about 150 inquiries during the past three days. Most of the inquiries were about Korean machineries and parts but there were also feelers for establishing agency relationships. Mr Lee Kyu-Taik, manager of the Korea215 words
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Article94 1979-10-19 2 THE National Productivity Board will be conducting two courses in computer data processing next month. The first course, Cobol Programming and Data/File Processing, is scheduled for Nov 2-Dec 17. The course is for those interested in Cobol language and for business executives, accounts and office man- agers who94 words
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Article, Illustration267 1979-10-19 2 ONE of the top vacuum loaders for liquids, solids and slurries, Supersucker model 3516, will be brought into Singapore in March next year to provide services to industries needing vacuum-cleaniag. The Supersucker was first made by Super Products in 1973, and is represented by B.C. Industries in267 words
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297 1979-10-19 2 ASEAN*S import of graphic arts equipment for printing use is likely to increase at an average annual rate of 10 to 20 per cent in 1980 from the $133 million level in 1977. The market for panging equipment is also poised for growth. It297 words
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Article170 1979-10-19 2 ASIAN companies in the printing and packaging industries will be able to see the latest International printing and equipment and related accessories next month. Printpack-Asia '79 organised by the Intermtkmal Fair Promotion awl Marketing Services Pte Ltd, will be held from Nov 5 to 9170 words
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Article441 1979-10-19 2 COURSES AND TALKS Oct 19: US Current Accounting Developments, Hilton Hotel, Arthur Young A Company Oct 22-24: Credit Lending, Hilton Hotel, SGV-Goh Tan Oct 22-Nov 26: Ranking Law and Negotiable Instruments, New Lecture Theatre 3, University erf Singapore Oct 22: Electronics (Basic, Intermediate and Advanced) and Special Courses441 words
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Page 2 Advertisements
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Advertisement257 1979-10-19 2 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that257 words
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REGIONAL
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415 1979-10-19 3 REFLECTING climbing food prices, the consumer price index for Peninsular Malaysia rose a hefty 0.9 per cent in August to 169.5 the highest monthly increase this year. Meat, fish, milk and eggs, all of which were more expensive during the month, pushed415 words
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207 1979-10-19 3 AFP VICE-president Adam Malik of Indonesia has called on the people to help the government fight corruption. "We must avoid actions that harm others and the government. The people should help the government in the fight against corruption so that a clean administration can beAFP - 207 words
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174 1979-10-19 3 UPI JAPAN and China yesterday signed a formal contract in Beijing on the joint exploration of oil resources in Bohai Bay, officials of the Japan Oil Crap said. The two countries aisn signed agreements on joint drilling and development of oil resources, said theUPI - 174 words
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Article151 1979-10-19 3 AP SOUTH Korea's customs cleared trade deficit hit a record US$4.O7 billion (SJB.S billion) in the first nine months of this year, triple a year ago's $1.35 billion, the government announcd yesterday. The January-September deficit figure, up $309 million from August, was expected to hit $5 billionAP - 151 words
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192 1979-10-19 3 AFP THE Indonesian government has embarked on an ambitious plan to build 200 socalled mini-sugar mills on islands outside Java within the 1979/1984 Five-Year Plan, in a bid to remove its dependence on sugar imports which last year amounted to some 200,000 tonnes.AFP - 192 words
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Article70 1979-10-19 3 AFP PHILIPPINE Economic Planning Minister Gerardo Sicat forecast "enormous development" for the Philippines in the 1960b. Addressing a conference on "Business Prospects," he said the country, which now produces 40,000 barrels of its 230,000-barrel daily crude consumption, would be selfsufficient in oil by 1965. Mr SicatAFP - 70 words
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THE REGION IN BRIEF
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Article385 1979-10-19 3 Agencies A JAPANESE cabinet minister has tendered his resignation to Prime Minister Masayoshi Ohira following the ruling Liberal Democratic Party's setback in the recent general election. Mr Ohira refused to accept the resignation of Mr Shiro Nakano, directorgeneral of the National Land Agency. PT BRITISH Amerleaa MmmAgencies - 385 words
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Article, Illustration24 1979-10-19 3 AP SOUTH Karma lafwintl— Mlaiffter Kim Seng-Jta umuclii en Wednesday the preclamatlen of martial Jaw in Pana area after students' denMastretiMttoeT—AP.AP - 24 words
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108 1979-10-19 3 THE Paris-based Pechiney Ugine Kuhlmann (PUK) Group is holding talks with China on possible technical assistance in setting up an aluminium refinery in that country, latest foreign reports said. A PUK spokesman in Paris confirmed the discussions, although he declined to give further details.108 words
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192 1979-10-19 3 UPI THAILAND has received guarantees from Moscow and Hanoi that Vietnamese troops will not invade its territory, Thailand's Ambassador to the Philippines said Wednesday. However, Ambassador Chao Saicheua also said that Thai troops were on the alert on the Thai-Kampu-chean border to prevent anyUPI - 192 words
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Page 3 Advertisements
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Advertisement86 1979-10-19 3 i# I p X N •</>(? ••rv i I *y. V J y >* Quartz just became precious. O OMEGA Few things in life will outlast Swiss Craftsmanship. From the innovators of quartz timekeeping, the distinguished Omega Quartz Constellation. Gold plated, stainless steel and solid gold. Shown here, an Omega86 words
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RAW MATERIALS
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614 1979-10-19 4 TIN consumers have been warned that while Malaysia supports the system of free trade and free play of market forces, it may have to seek, together with other producers, alternative ways of stabilising prices at a more equitable level if the International Tin Agreement614 words
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128 1979-10-19 4 Reuter THE LONDON Metal Exekaage may have a separate trading riag ter predwu metals after It meves te aew premises aext year. A LME bsard member Resude Gee told the Amerleaa Metal Market Feram la LeadM that the pripmi seesad riag la the aew marketReuter - 128 words
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Article90 1979-10-19 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Oct 18 until further notice: Rubber: 286 H cents a kg; Cepra: M 51,039.62 a tonne; Palm kerael: $955.75 a tonne; White pepper: $4,738.01 a tonne; Black pepper: $3,173.83 a tonne; rates of duty payable90 words
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Article224 1979-10-19 4 THE SINGAPORE market closed slightly lower yesterday with November One RSS buyers quoted at 281.00 cents per kilo, down 1.50 cents from Wednesday's close, dealers said. Morning were marked down about two cents on upcountry selling and stale bull liquidation, they said. Afternoon prices were slightly steadier on some224 words
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Article324 1979-10-19 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Int. 1 R.S.S. prompt f o b. 275.90 276JON Int. 1 RS.S November 281 00 281 50 bit. 1 RS.S. December 2*00 2*50 Int. 2 R.S.S. 274.50 275JON UK/Coat 273.50 274J0N Int. 3 R.S.S 271J0 272.50 UK Coot324 words
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Article94 1979-10-19 4 NOON 8SR end SMR pncm yeel SSR 20 SSR SO (1-tea pallet) (l-toa pallet) (Carnal Bayers 282-00 28# 00 1 Mtt) 264 OON 3eu»N (Parwartf Mil) Bayers Sattava ***** 366.50N 300.50 3U.50N MRELB SMRCV SMRL SMR GP SMR 6 SMRIO SMRIO SMR SO (1 ton pallet) (l-toa94 words
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Article61 1979-10-19 4 THE STRAITS tin price to Peiui yesterday neewwi Ms 4 per ileal to MSIJM to stoad M|4» •km Ike latoraattoaal TliAffWMt eetitog, lie market recovered treat VeMart rinrp toll heeaaee ef toe tke"LeadedMetaPbchange, with wnwrt biylag mmltkm seen (rem toe UB, Ispaaeac aiileealtntot Tetal vetaune st tie wmtHlw61 words
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Article31 1979-10-19 4 Rubber: Oct 18 Singapore: November 281.00 cents (down 1.60 cents) Malaysia: November 281.75 cents (down 1.26 cents) Tin: M 51,999 (up $4) Official offering: 181 tonnes (down 8 tonnes)31 words
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Article137 1979-10-19 4 THE SUGAR futures market yesterday closed easier with no trades registered, dealers said. January closed at 12.88/92 US cents against Wednesday's 13.14 22 close and March at 13.28/32 against 13.60/64 with distant October at 14.10/12 against 14.20/30 cents. Cotton trading yesterday continued the recent quiet trend with no137 words
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Article317 1979-10-19 4 IT WAS another dull day for Singapore produce dealers yesterday. Business was minimal and confined to small lots sold to exporters and consumers in nearby countries. Coffee dealers were still operating from hand to mouth for want of fresh supplies. All coffee prices were quoted unchanged by the317 words
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Article192 1979-10-19 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-godown) OMn ywn: China Blue Phoenix A 2,330; Xfc 2,085, 40i 3.035 (per bale of 400 lbs) Flew gee*: China Butterfly and Globe brand unq; Dragon Hand unq; Five Lamb* unq; Flower and Butterfly192 words
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Article335 1979-10-19 4 SINGAPORE: Yesterday's closing prices in SJ 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 dans 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 8.85. Special335 words
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Article572 1979-10-19 4 ALUMINIUM: Up £4 for cash and £7 per tonne higher for three-months yesterday morning. Values displayed steady trend with bidding for cash meeting little selling interest. Overall backwardation well maintained at around £50 but activity in forward position rather slow. Turnover 2,925 tonnes, mainly carries. Three-months ended kerb572 words
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Article65 1979-10-19 4 C J.F. North European porta, In US dollars per ton unless otherwise stated. LONDON: Prerioiu Malaysian 5% ff* bulk per tonne December unch 600.00elr Sumatra 5% ff» bulk October 686pd 590pd November unch 600.00pd December 587.50pd 600/595pd January 600pd 610/607.50pd Feb/March 605pd 609.00pd Nigeria 5% ffa bulk ttg65 words
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ASIAN STOCK
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Article572 1979-10-19 4 TOKYO Source: DBS-Daiwa ANXIETY over the weakening exchange rate of the yen and political uncertainties was reflected In investors' wait-and-see attitude, which dominated yesterday's market. Consequently, almost all sectors were weak. Volume shrank to 260 million shares. The rapid increase in margin debt depressed oil and trading-house issues.Source: DBS-Daiwa - 572 words
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Article243 1979-10-19 4 THE market firmed yesterday, led by minings and energy stocks, dealers said. Takeover target BH South rase 16 cents to 13.71 on renewed speculation that CRA would make a counter bid to the offer by Western Mining OCT U Cento INDUSTRIALS A. C. L •aa A. M t A243 words
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Article80 1979-10-19 4 THE market closed mixed yesterday with oils firms, while commercials aod industrial declined and minings were unchanged, dealers said. Turnover dropped to 633 million pesos from Wednesday's BJB million. OCT L» Acot* Wniai Pm JVM 0 00® AUu Con AUm Con a' B.« IU Baiuio OoM Brand Con. JWW80 words
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Article228 1979-10-19 4 OCT U Asia Credit Bahts KM -2 Asia Fibre 153 -4 Ayuthaya In» And Trust 139 •1 Bangkok Investment ZO 1 Bangkok Bank Bangkok Drying And SUo 33S -2 Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 220 unch Bata Bern Jucker Carpet228 words
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Article296 1979-10-19 4 Source: SHK Securities FOLLOWING the announcement of a HK$635 million debenture plus warrants issue from HK Electric, the market came under a certain amount of selling pressure in the morning yesterday. To the surprise of many brokers, the market then rallied and continued to improve throughout the day. HKSource: SHK Securities - 296 words
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Article59 1979-10-19 4 FINANCIAL TIMES INDUSTRIALS Wednesday I7U Tuesday «7U Week Ago 4710 DOW JONES AVERAGE INDUSTRIALS Wednesday 830.72 Tuesday Week mo MM2 LONDON DOLLAR PREMIUM Wednesday to 32*. Tuesday SIM to 32'/. HJLHANG SENG Thundajr 4S7.74 Wedneadtf 080.96 Week ago 646.90 SYDNEY INDUSTRIALS Thursday 527.64 WwlQMUjr 006 WMk ago 539.1559 words
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Page 4 Advertisements
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Advertisement159 1979-10-19 4 Study Accountancy with the Specialists Study with Foulks Lynch J I )\I)( Since 1 SS4 oullvn I \nch have in luiorinL' Mikicnis I rom all round the u or Id lor t he ai nuh cco lintanc\ cxammal ions and o ei l \car have achieved 149,000 SUCCESSES 406 FIRST159 words
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OVERSEAS
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Article299 1979-10-19 5 IN his sternest warning to date, Saudi Arabia's Oil Minister Shiekh Ahmad Zaki Yamani said America must take "drastic action" in the next two months if it wants to stop sharp oil price increases being imposed by the world's producer nations. Sheikh Yamani specifically called for299 words
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Article120 1979-10-19 5 Reuter THE US Senate Wednesday voted overwhelmingly in favour of legislation that will allow President Carter to order petrol rationing during any future oil crisis, subject to a Congressional veto. Because the veto would require a two-thirds majority rather than a straight vote, the Senate decisionReuter - 120 words
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WORLD IN BRIEF
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Article473 1979-10-19 5 Agencies LIBYAN Jamahiriyah Petroleum Minister Ezzeddin Mabrouk said gas was too cheap at present and the Organisation of Petroleum Exporting Countries (Opec) should fix gas prices. He told the twice-monthly publication Le Petrole Et Le Gaz Arabes (Arab Oil and Gas) it was "inevitable that Opec willAgencies - 473 words
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Article579 1979-10-19 5 Reuter US President Carter acted improperly when he terminated the US mutual defence pact with Taiwan without congressional approval, an American federal judge has ruled. The decision by federal district judge Oliver Gasch, in a suit brought by conservative Republican Senator Barry Goldwater andReuter - 579 words
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115 1979-10-19 5 AP SAUDI Arabian Defence Minister Prince Saud A 1 Faisal said Wednesday the defence of the Persian Gulf oil routes is the responsibility of the countries of the region. His statement followed Tuesday's extraordinary meeting of foreign ministers of the Arab Gulf States. ItAP - 115 words
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339 1979-10-19 5 AP THE Soviet Union will have even greater difficulty than the United States in dealing with scarce energy supplies over the next few years, predicts the director of the US Central Intelligence Agency (CIA), Stansfield Turner. The Russians face a series of "painful choices"AP - 339 words
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Article680 1979-10-19 5 ARRIVALS Service Local Operator Number Tine From SIA SQZU 1045 HLP GIA GA906 1100 MES PAL PR501 1135 MNL SIA SQ63 1155 MNL SIA SQ1 1155 SPO/HNL/HKG SN SN287 1200 BRU/DXB BKK SIA SQ240 1210 MES GIA GA982 1230 HLP SIA SQ9U 1240 SPO/HNL/GUM MAS MH684 1245680 words
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Page 5 Advertisements
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Advertisement271 1979-10-19 5 *7 y* .<4 ♦< *:f Y**s K r* V^ A ft 2'r 5 *r* d <V>* -#T >->r r :l:; i >. i f <\ c < v. 4 > J s w-> *-/>'* s'' < '<*• -<*•. i <■* ;v*v <* \V«' >•• «V< >, «< v < s271 words
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Article387 1979-10-19 6 MALAYSIAN Finance Minister Razaleigh Hamzah must have felt very confident yesterday as he stood to make his Budget speech. Faced with the need for sharp rises in spending on education and security and virtually compelled to offer incentives that would ensure the country's progress387 words
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Article286 1979-10-19 6 THE MORE economically-minded of our motorists must have received with some pleasure the Government's recent announcement that it will remove the surcharge on cars over'ten years old once a system of vehicle inspections has been worked out by the Registry of Vehicles. But in286 words
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Article, Illustration1259 1979-10-19 6 SUMANTA BANERJEE - AIR FARE INCREASES India has planned an elaborate and ambitious tourist programme tor 1980. But the increase in air fares might prove to dampen all these preparations. SUMANTA BANERJEE reports. SUMANTA BANERJEE Depthnews LIKE an elaborately planned sumptuous dinner going to waste for want of guests,Depthnews - 1,259 words
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Article457 1979-10-19 6 K C Tuan - Letter to the Editor K C Tuan Hlßgspim Tsarist Pr*sif- Dear Sir I REFER to your report in the Business Times of Oct 17 regarding the hotel situation in Singapore. While your story is essentially correct, your conclusion that there will be an over-supply of457 words
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Article109 1979-10-19 6 I WONDER if it could happen in Singapore one of these days to some of our over-zealous traffic police. From a Lancashire newspaper's retirement column comes this piece: "A presentation was also made to George who retired last month after 15 years as a traffic warden,109 words
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Page 6 Advertisements
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Advertisement118 1979-10-19 6 i-gjii—in=<iggi«i»;llgJltgJHg] 2fld] ►jrx a Draw a crowd to a salo or sell a drawing of a salo. Leisure Times is right on target For as little as $15. you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just118 words
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Page 6 Miscellaneous
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Miscellaneous40 1979-10-19 6 Dickens rrs surmv WS USHV yo-> Go on HouDPry DON'T e»v etpcsiNG Ntx*?_ S€i-f "03 "M£ SUN'S NOW VOUC SKIN u*u eeoDme. Piccusromeo to rn TnePefiofte 6€- *Bue- TD STRRT V&eT-nNG* Ps T* 3 MOOJ #CiND MOW veßy K-K- Kind40 words
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Miscellaneous1430 1979-10-19 6 Searching for treasure IF YOU are already i«i|M ip vttt Ike ftm ti Treaeare lilaed last mkm efMe tee at 7 pat, tt—l L The pirates, M by BU Pew, break late the "AMral Beabew", MenM te lay J|D| bewever, tt (re* Beaee' ter ae the pirates the In. The1,430 words
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Article, Illustration1473 1979-10-19 7 YUKO NAKAMIKADO - .'The Liberal Democratic Party (LDP), split internally by rival power groups, appears to be losing some of its influence, reports YUKO NAKAMIKADO- YUKO NAKAMIKADO Reuter AFTER ruling Japan for nearly three decades, the conservative Liberal Democratic Party (LDP) is tottering on the brink of relinquishingReuter - 1,473 words
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808 1979-10-19 7 QUEK PECK LIM - [FORUM with QUEK PECK LIM EVERY developing country has, by now, woken up to the fact that China, in pursuit of its Four Modernisations programme, will pose a far greater challenge to the industrialisation effort of each country than anything else they might have808 words
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Page 7 Advertisements
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Advertisement312 1979-10-19 7 SUBSCRIBE TO SINGAPORE BUSINESS TODAY! x Singapore Business, of course, is a magazine you know. It's a must reading for politicians and a mine of information for business and professional people. Students too find Singapore Business an invaluable^wealth of information. In fact, anyone who has any interest in what's going312 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article214 1979-10-19 8 OCT 17 Dm Aeg-Tele fun ken 40 1 OB Akzo 25 JO 0.3 Allz Leben Allz Vers 490 00 -♦•2 BASF ***** -04 Bay H T Wbank ***** •1 Bay Vb&nk 281 OOB Bayer ***** -06 BBC 286 00 -45 BMW 175 00B Cassella 380 00 unch Chem Verw214 words
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Article264 1979-10-19 8 OCT 17 Frs CORBEILLE Alr-Liqulde 455 -12 B S N Gervals Danone 145 5 C8F < ThomsonCst) 424 >1 Cle Francaise des Petroles 282 >1 Compagnie Flnanclere Compagnie General* 347 -2 Credit Fonder De France 489 Hachette (Librairle) 198.50 -1.5 Machines Bull 64-70 1.05 Mlchelin (B) 880 4 Panbas264 words
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Article193 1979-10-19 8 OCT 17 Francs Actions Sulnei 305 -1 Alusulsse Br. 1315 -5 Alusulsse Rrf 498 unch Brown Bowrt Br 1965 -S Clba Geigy Br 1270 -5 CIDa Getty P C 1040 5 Clba Oelfjr Re« Credit Suisse Br 701 -1 2235 -10 Credit Suisse He* 429 unch Elektrowatt Br. 2125193 words
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Article209 1979-10-19 8 OCT 17 Fla ABN f 342.50 1.5 Ahold 86 SO 16 Akio 27 90 0.5 AMEV 96 50 unch Amfas 120 50 15 Amro Bank 09 40 unch Berao&s Berk 56 00 102.20 1 -08 Bolt 09 00 0.5 Borsumij ***** 29 Burhmann 80 10 -0 5 Byenkorf 68209 words
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Article93 1979-10-19 8 OCT 17 m FORWARD MARKET AM* 381 unch Arbcd 2345 unch Astur 560 unch Bruran ao* -8 Bru-L&mb 17<J0 10 Ctnpac 851 •14 Cock 3M -4 De Bren 306 -7 Eton 2180 uncft Electrobel 0600 web Gb-Jnno-Bm 2006 unch Oct ion 4 Hobok 2070 -80 Peiro 5600 30 Ryl93 words
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Article103 1979-10-19 8 OCT 17 Lire An ir 12» 0.5 Amoc G«n ***** Bulofi 780 1050 15 Onirilf 6345 Flat 2506 166 4 rtnitder IM -11 .75 Gen Immob 77 JO LB I FT Prt 2800 410 IUJcem«nU ***** 400 Italcu 156 IUiild#r 330 unch Magneti M Pf 610 *10 Marvin Ere103 words
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Article1425 1979-10-19 8 NEW YORK THE STOCK market recorded its first clear gain in eight sessions on Wednesday as a technical rally survived some late selling. Turnover was moderate. Analysts ascribed little importance to the gain, which came on moderate volume and was fading at the close. They said the strength1,425 words
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Article198 1979-10-19 8 OCT 17 C* Abltibi 18'. S Alc&n 43'? -V Algoma 30 1 ->» Bank Mont 22'. Bank Nova Scotia 22S Bell Tel 20V unch Beth Corp BP Can Lid 33 Brascan 24 Camp Red Lake 24 Can Imp Bk 24 unch Canpac 34 Canpac In* PI Carllng OKeefe 5*.198 words
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Page 8 Advertisements
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Advertisement157 1979-10-19 8 Where to wine, dine and entertain Come, 'sample' an experience! DOLPHIN CAFETERIA, World J Trade Centw you piusi#^? Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. -=slm Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and d===3iǤb) snacks from 3.00pm spm You've got to try157 words
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Advertisement175 1979-10-19 8 For drink ing. Fo rda ncing. For delightful evenings. Music by Bacchus International of London ()f>t >1 Si IHI l\ ')ph! > 15.00 i itwlu\u t tj\ ilit Dr/ui 11\ I. VI I ')fun \nn >/S.fHt tnnlu\n i Ih/i/i J W < I'niiin I*>u-k Slirniion SHE RATON MOTELS AND INNS175 words
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Advertisement97 1979-10-19 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices I '0 if I mm*WR Everyday is a big house a'fair for us Because each day is another new opportunity to perfect our service to you Service by which you remember us Savoury specialities for the choicest pick97 words
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Advertisement138 1979-10-19 8 LUNCH AT Savoir the true flavours of Singapore in cool, exotic, tropical surroundings at the newlook Hin s Heaven-y Cookhouse Choose from a whole variety of local foods like Muriaoak Steam-ooat. Malay Curries Noodles. Smoked Duck and Suckling Pig. Satay. Chilli Crabs Exceptional Cantonese menu oy celeorated Hong Kong trained138 words
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Advertisement83 1979-10-19 8 Merlin's New Coffee House Pelicious drinks and beverages, scrumptious savouries and snacks, and authentic oriental delights are yours to enjoy at Merlin's new Coffee House. The decor is stylishly cool and the atmosphere cheerfully casual, which, together with the fine food, make Merlin's new Coffee House a delightful oasis to83 words
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BANKING AND FINANCE
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Article180 1979-10-19 9 Reuter BRITAIN Md review Its 1177 ■■ir>rtellß|i on running d«wi stcriiig's reserve role, a piper published by the Royal Institute et Internatlca al Affairs says. Written by econemists John Forsyth ud Franceses Edwards ef Merg»i Grenfell and Ce Ltd, the paper aays Britain should net frustrateReuter - 180 words
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Article470 1979-10-19 9 Reuter THE US Securities and Exchange Commission (SEC), in a letter to Thomson McKinnon Securities' Bo6ton futures fund, said a futures contract on a security is a security and is subject to various SEC rules. But Commodity Futures Trading Commissioner Read Dunn said in a letterReuter - 470 words
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Article405 1979-10-19 9 Reuter THE BUNDESBANK was considering raising discount and Lombard rates at the central council meeting yesterday in West Berlin to narrow the gap with money market rates, currently well above 8 per cent. A press conference will be held after the meeting, but the bankers noted thisReuter - 405 words
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Article150 1979-10-19 9 IN LINE with the switch to learning major international languages such as English and Mandarin, may we suggest that forex and bond dealers acquaint themselves with some knowledge of German, French and Japanese. Seems a large financial institution once received a telex prefaced Guten Tag (Good Day in German) asking150 words
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318 1979-10-19 9 Reuter THE JAPANESE Finance Ministry is expected to cut the amount of medium-term national bond flotations during fiscal 1979 ending next April by more than one trillion yen from planned total issues of 2.70 trillion yen, local underwriting sources said. The shortfall willReuter - 318 words
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254 1979-10-19 9 Reuter CREDIT SUISSE said the National Bank has apparently changed its intervention policy by not intervening in support of the Swiss franc. Head of arbitrage Edgar Peng said the National Bank earlier this year would 9ell dollars as soon as the mark rose toReuter - 254 words
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171 1979-10-19 9 Reuter THE EEC'S monetary committee discussed the setting up of the European Monetary Fund (EMF) at its regular one-day meeting in Brussels. Informed EEC sources said this was the first indepth discussion of EMF by the Community's leading monetary experts since the EMF didReuter - 171 words
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130 1979-10-19 9 SHAREHOLDERS of the bank holding company Marine Midland Banks on Wednesday approved revised terms for the takeover of the company by Hongkong and Shanghai Banking Corporation. Marine, whose Marine Midland Bank is the 12th largest American commercial bank, said about 8.9 million of its 12130 words
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Article64 1979-10-19 9 THE Islamic Investment Co is optimistic about setting up a subsidiary in Malaysia, visiting vice president Ibrahim Kamel said. Mr Kamel, who arrived with the secretary-general of the Islamic Bank's International Association, Ahmad El Naggar, said it was the wish of the late King Faisal of Saudi Arabia64 words
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529 1979-10-19 9 SUPPORT measures by the United States government brought the dollar firmer against the deutse he mark over the last two weeks. But the possibility of higher German interest rates could put renewed pressure on the dollar later. Immediately after the US Federal Reserve's529 words
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Article287 1979-10-19 9 OCT 17 Rand INDUSTRIALS A Alpha 215 unch Aberrant AF ABri O MO A MIC 1435 unch C« Sugar CM A II aw uncn unch 315 425 CurrW Finance De Bc«rx Ind Kdcon 110 tram «oo -s unch -S Bdf&n red Vail mm MS 5 FU(ll 136287 words
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MONEY AND EXCHANGES
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Article510 1979-10-19 9 THE US dollar weakened slightly against the other currencies yesterday despite having opened strongly against the yen. Starting off at the year's highest point of 233.70/234.00 against the yen, compared with a Tokyo opening of 234.00/10 and a Wednesday close of 232.75/85, the dollar slipped to 232.20/40 for510 words
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Article166 1979-10-19 9 THE US dollar continued its easier trend in early dealings here yesterday, opening at 1.7930/40 marks compared with a late Hongkong 1.7962/67. The dollar closed in New York at 1.7955/75 marks on Wednesday. It opened here at 231.60/80 yen compared with the 232.30 close in Tokyo where the yen166 words
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Article180 1979-10-19 9 Asian rates ASIAN currency deposit hiterbank rates as at close on Oct 18: 7 days 1 month 2 months 3 months 6 months 0 months 12 months US Dollars*Soot) Offer Bid 124 UV, 144 144 14 5/16 14 3/16 14H 144 144 14H 13V, 13H 13H 134 8wJr*. Dm. <MH4k180 words
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Article46 1979-10-19 9 RANGE of prim often id by di«count fc—I ob Oct Ifc Overnight 5% 5'** Call deposits 54% C)Mte( 3 month WN Treasury tAlls SH M 3 month Bank blUs 83/16 IVH 3 month CD 111/16 SB/16 0 month CD 15/16 113/16 Source: National Discount Co46 words
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Article22 1979-10-19 9 THE average rate at which atajor Singapore banks are currently prepared to lead to their best customers is 9 per cent22 words
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Article130 1979-10-19 9 THE US dollar for overnight delivery closed sharply weaker at 232.30 yen yesterday, compared with, a 233.60 opening and 233.90 at Wednesday's close, following central bank yen-sup-port intervention, dealers said. The Bank of Japan sold an estimated US$2OO million at different levels, mostly at 234.20 and 233.50 yen, in130 words
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Article301 1979-10-19 9 THE SINGAPORE gold futures market yesterday closed between US$l.25 and US$6.OO higher in quiet selective trading following quiet overseas advices, dealers said. Turnover dropped to 347 lots compared with 368 lots on Wednesday with interest mainly on December and February contracts, they said. December closed at U5394.50/395.50 an ounce301 words
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Article194 1979-10-19 9 THE YEN firmed sharply yesterday in a brief bout of active late trading here on what dealers suspected was further intervention to support the currency by the Bank of Japan. At one point the yen briefly firmed about 100 basis points in minutes against the US dollar to stand194 words
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Article57 1979-10-19 9 AUSTRALIA /NZ exchange quotes on Oct 18: US dollar 1.U19/1.1071 Sterling 0.510/0.5123 Ninety-day air mail buying rates: Sterling ***** US dollar Llfll Ninety-day forward buying rates: Sterling 0.5253 US dollar —1.1256 NEW ZEALAND Reserve bank midrate: US dollar —0.9789 Trading bank indications: Sterling 0.4579/0.4549 US dollar 0.9869/0.9769 Ninety-day airmail57 words
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Page 9 Advertisements
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Advertisement294 1979-10-19 9 Wfe have a history of making money grow Lombard North Central is part of r one of the world's largest banking SdßMflk J groups and we have a history whicHWff fi|C covers more than 100 years. Kg W We offer a range of deposit Jjflß flj!«_ schemes which will JU294 words
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Advertisement41 1979-10-19 9 Looking for EXECUTIVES PROFESSIONALS "*T i Reach them through the appointments page of .a: Sunday Nation reaches 60% of the English literate executives and professionals in Singapore. For more details please call Francis Ng at 284-8844 Ext. 335. tii' ojiiv. j41 words
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1255 1979-10-19 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in an reported to the Stork Exchange oI Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Acma (2.358 2388) (100)1,255 words
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Article164 1979-10-19 10 HNGAPOBB UNTT1SV Wt S'pore Growth Fund 1.17 1.23 IMiHii |steal ikrMIt) INCOM1 :BOM D UNIT The Commerce 115 2.28 (Out m pf. leas) The Saving Fund 139 1.47 Income Bond 1.16 1.2 S pore Pro* Fund O.K l.Olxd S pore Sec. Fund S'pore Invest Fund L1J LB IX164 words
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Article2656 1979-10-19 10 Gr's Gr's Net 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr roooi High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 237 -3 15.0 2.2 65 12.1 100 237 237 196 123* Alcom 196 10.0 15 5.1 26.1 148 no Allied2,656 words
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Article1636 1979-10-19 10 BID and offer prior* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified INDCBIRIALB Afai.Hi (2 MB 3.OCS) Alcoa (1 SOB 1 MS) (2) 11,636 words
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Article181 1979-10-19 10 MEGA CIcbIWII BH: AGM to be told at Wlsma Mega, 2nd Mile, Jalan Batu Tlga Lama, Kelang, on Oct 25 at 11am. Ssnth East Ada Csrp: EOGM to to told at 9th Floor, Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur, on Oct 25 at 12 noon. Austral181 words
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LATEST RESULTS
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Article55 1979-10-19 10 has reported a pre-tax profit (or the year ended June 30, 1979 of M 94.97 million as against $172 million the year before. The company has proponed a final dividend of 5 per cent which, together with the interim dividend of 5 per cent, makes a total distribution55 words
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Article, Illustration723 1979-10-19 10 ALL WAS qniet en the Stack Exelutige ef Stagv pare yesterday ns investors tad speculators remained generally a— committal far waat ef inducement ta deal. By nnd large, prices were alia wed ta drift aider light liquidation aad steplaas seUiag. The few hayen wha eame ap aaw723 words
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Article549 1979-10-19 10 CONDITIONS were mixed on the Kuala Lumpur stock market yesterday as investors awaited the budget announcement made in the late afternoon. Trading was quiet as most investors were reluctant to commit themselves ahead of the announcement by Malaysian Finance Minister Tengku Razaleigh. Investors were also disturbed549 words
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COMPANY NEWS
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Article, Illustration616 1979-10-19 11 ANTHONY TAN - By ANTHONY TAN SINGAPURA Building Society (SBS) is preparing to meet the challenges of the 1980s with a broader funds base, which was Just expanded by a $5-million loan from the Post Office Savings Bank. The unsecured seven-year term loan is being616 words
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Article633 1979-10-19 11 AUSTRAL Amalgamated expects results for the current year to June 30, 1960 to be maintained at the past year's level of around M 512.38 million. This cautious estimate was made by chairman C.W. Tresise despite the expectation that the company's two dredges will be working continuously on633 words
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Article96 1979-10-19 11 Kg A Hi tarn 125 644 A Ent 13 608 A Molek 42,239 B Kawan 247,273 B Lintang 446,250 Bedford Plant 56,364 Benta Plant 309,000 B Katil 39 386 Castlefield *****9 Consplant 2,369 000 Duff Dev 394 773 Dunlop 1,736,154 Gadek 109 909 Guthrie Ropel 1,040,00096 words
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Article179 1979-10-19 11 NORTH Baraea Umbers said that the demaad far lags remaiaed very straag far the three maatha ta ead-Aagaat hat there were same algae af weahaeaa la the laat twa maatha. The eempaay added that the revlaed ratea af rayalty latradaeed aa Jaae 1, together with the179 words
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Article90 1979-10-19 11 UNITED Mater Works (M) Holdings has informed the KLSE that the profit after tax of $6.78 million for the six months ended June 30, 1979 as certified by its auditors pertains to the profit of the company, while the profit after tax of $2.22 million as announced in90 words
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Article, Illustration535 1979-10-19 11 TASEK Cement foresees another "satisfactory" performance in the current year to June 30, 1900, after having reported a 22 per cent rise in pre-tax profit to MJ21.61 million for the year just past. However, chairman Mr E.G. Tan cautions in his latest annual report that this535 words
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Article201 1979-10-19 11 FUSAN Fishing Net Manufacturing has staged a recovery for the half-year just ended from the setback suffered in the previous half. Group pre-tax profit for the six months ended June 30, 1979 rose 22 per cent to M 5446,326 compared with the 13.5 per cent decline201 words
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Article631 1979-10-19 11 Carroat Paymeat Ex Data Booka Cloee Data Payable Total for Total for tke year Previoua year Apollo UOB Daalop Eat MUI NSOP Alcoa Gold Cola HueFE N Sereadab VAC Taaurlok M Brew Nat Iroa Killingball Tronob 8 B 8 Shell Harinau Coav Aaat Amal IINV C Prop Tow631 words
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Article, Illustration598 1979-10-19 11 gSTCXSL*, HOCK LOCK SIEW MARKET watchers must have been mildly surprised when a lethargic trading session in mid-July was interrupted by a surge in a usually quiet counter, Singapura Building Society (SBS). The shares suddenly turned active with a higher than normal volume in the midst of severalHOCK LOCK SIEW - 598 words
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Article216 1979-10-19 11 Date Li ut Full Yea LT Company Period Announced Net EPS Great Pre-tax last year (cents) Div. <%) Profit (ft") Bo vis I 15/9 14.509L Mai Bank F 23/9 28.6 17.5 25,742 Sea View F 30/9* 282L Syn Resins F 4/10 10.1 652 Rah Hyd F 6/10 49.2216 words
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Page 11 Advertisements
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Advertisement8 1979-10-19 11 f■ I Exotic Jfoot) (♦nar ktayyd«H I, sf.'.M'S8 words
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Advertisement152 1979-10-19 11 THE 2ND INTERNATIONAL >«i ;i q-i i: 4 i \\hiq; PROCESSING AND WOODWORKING EXHIBITION. DATE: 12-16 JANUARY 1981, SINGAPORE. Wood '81 is the second specialist exhibition devoted exclusively to the development and expansion of the forestry, timber processing and woodworking industries of South East Asia. Wood '81 will highlight the152 words
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813 1979-10-19 12 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah yesterday presented in Parliament next year's budget and highlighted the government's concern over education and the need to step up security. At the same time, he provided personal and corporate reliefs along with additional incentives to attract813 words
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Article337 1979-10-19 12 HOTELS in Malaysia have been urged to set up a twotier pricing system for their rooms to raise occupancy rates and promote tourism. Malaysian Deputy Minister of Trade and Industry Datuk Lew Sip Hon said such a system would protect hotels from fluctuation in tourist337 words
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Article54 1979-10-19 12 AFP THE Philippine textile industry will be modernised to make it competitive in the world market, Industry Minister Roberto Ongpin said yesterday. Minister Ongpin told the National Press Club that textile producers had been encouraged to form groups of two or three to share facilities and wereAFP - 54 words
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Article810 1979-10-19 12 LONDON, Thurs. Oil shares were firm while other equities drifted lower on lack of interest. dealers said. At 3 pm the FT index was down 2.8 at 469.5. Oil exploration rose 33p to 535p as bid talks continue. BP and Shell added lOp and 4p respectively. Elsewhere, industrial810 words
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226 1979-10-19 12 Reuter PRESSURE on Japanese Prime Minister Masayoshi Ohira to step down from office intensified yesterday after a cabinet member handed in his resignation and a plea for fresh talks on party unity went unheeded. Political sources said the conservative ruling Liberal Democratic Party (LDP),Reuter - 226 words
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Article114 1979-10-19 12 UPI MARTIAL law gripped South Korea's second largest city yesterday as army troops and armoured vehicles guarded buildings and strategic positions after two nights of student-led anti-government riots, the worst in 15 years. The port city of Pusan and its three million residents located 328 kmUPI - 114 words
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Article, Illustration62 1979-10-19 12 Sign outside souvenir shop at Beijing's Temple of Heaven welcoming foreign visitors and overseas Chinese to browse and purchase within. This store and some others cater to foreigners with hard currencies to spend and discourage Chinese patronage. Some travellers in China say resentment is growing at whatSource: AP photo - 62 words
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239 1979-10-19 12 THE Tar ling trial, already 52 days long, will enter its final stages next week when Mr Cashin, defence counsel, delivers his written submission on Monday. At the close of the defence case in the High Court yesterday, Mr Cashin suggested that he239 words
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Article249 1979-10-19 12 AFP THAILAND is currently sheltering over 200,000 Indochinese refugees, including a new influx of Kampucheans over the past week, military authorities reported yesterday. The authorities said more than 50,000 Kampucheans had fled to Thai border villages in Aranyaprathet district of Prachin Buri province, about 250AFP - 249 words
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403 1979-10-19 12 THE Department of Civil Aviation (DCA) plans to liberalise existing air services agreements and also to initiate new liberal ones with a number of countries. This is in line with Singapore's "open-skies" policy. Following recent liberalisations of the SingaporeUnited States and Singapore-Sri Lanka403 words
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Article118 1979-10-19 12 ABOUT 75,000 workers represented by the Singapore Industrial Labour Organisation (SILO) and the Pioneer Industries Employees' Union (PIEU) have received their wage increase recommended by the National Wages Council. Fifteen companies with a combined workforce of 20,000, awarded increments between 2 per cent and 5 per118 words
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288 1979-10-19 12 A FINANCE company manager admitted in court yesterday that he violated his company's loan-grant-ing procedure in making a $250,000 loan to the wife of a stockbroker, and then lied to the police to cover this up. Mr Sim See Chiang of the Far Eas288 words
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62 1979-10-19 12 A THREE-member Singapore parliamentary team will be part of an Asean Inter-ParliamentaryOr-ganisation (AIPO) delegation which will visit the European Parliament at the latter's invitation. The delegation from Singapore will consist of Mr Rahim Ishak, Senior Minister of State for Foreign Affairs; Mr Tang See Chim,62 words
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Page 12 Advertisements
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Advertisement125 1979-10-19 12 For a Successful BANKING Career study with Wblsev Hall OXFORD for the Institute of Bankers CONVERSION COURSE The duration of the complete Wolsey Hall Conversion Course is 26 weeks so enrol now for the December 1979 examination. Also available. Wolsey Hall Courses for the Stage n Year 1 examination (New125 words
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Page 12 Miscellaneous
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Miscellaneous60 1979-10-19 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with occasional showers. Report for 24 hoars prior to 7J9 p.m. on Oct.lB at the airport. Maximum temperature 30.4 Associated humidity 63 Minimum temperature 22.7 Associated humidity 99 Hours of sunshine 5.10 Rainfall in millimetres 15.9 Total rainfall for60 words
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SHIPPING TIMES
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PORTSIDES
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Article116 1979-10-19 13 AFP OIL-TANKER tonnage laid up throughout the world in the four weeks to Sept 15 fell 1,300,000 deadweight tons (dwt) to 8,890,000 dwt, the lowest figure since 1974, statistics from London tankerbroker E.A. Gibson revealed. The most significant reactivations were those of four very large crude carriers (VLCCs)AFP - 116 words
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Article80 1979-10-19 13 Reuter THE PANAMANIAN log carrier Jelau has been declared abandoned off the east coast of Taiwan and the port of Hualien. The Central News Agency said the "abandon ship" order was given after 28 crew on board the ill-fated 6,900-ton vessel were rescued by a Japanese freighter. JelauReuter - 80 words
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Article73 1979-10-19 13 Reuter LONDON second-hand tonnage brokers reported the 97,735 long dwt tanker Pablo Garnica, built 1969, sold to Italian buyers for about US$6.3 million, and the tweendeck vessels Minerva and Slowman Senior, both about 15,200 long dwt, built 1970, to Italian buyers for little over $5 million each, subjectReuter - 73 words
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576 1979-10-19 13 HSUNG BEE HWA - By HSUNG BEE HWA THE SINGAPORE National Shippers' Council (SNSC) is willing to meet the Far Eastern Freight Conference to discuss the existing formula for calculating the currency adjustment factor. "Any discussion leading to an improvement in the method of calculating freight576 words
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Article218 1979-10-19 13 UPI DESPITE a lark of reported badness details, dry cargo charter rates could be sees U hsld firm. A measure sf Improvement since the end sf last msntb was Continental Grain's fix tare sf tbe Aegean Sky from tbe 118 Northern range to TUbnry with S3,IN tons ofUPI - 218 words
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213 1979-10-19 13 THE AMERICAN Bureau of Shipping (ABS) classed 35 vessels and other marine structures in September totalling 490,543 dwt tons or 290,888 gross tons. The vessels include a very large crude carrier(VLCC), Amoco Chicago, which is built by Astilleros Espanoles in Spain for Amoco Ocean213 words
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Article122 1979-10-19 13 UPI BRITAIN will need a rise in ship prices of between 35 and 50 per cent and improved credit terms if it is to return to building ships profitably, John Parker, a British Shipbuilders' board member. Speaking to the Royal Institution of Naval Architects, Mr ParkerUPI - 122 words
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Article178 1979-10-19 13 AP BRAZIL has moved into the big league in shipbuilding, an activity few outsiders associate with this South American country. Starting from insignificant levels. 15 years ago, Brazilian shipyards now have more tonnage capacity on order than any other country except Japan. A Maritime FairAP - 178 words
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1109 1979-10-19 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of1,109 words
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Article1008 1979-10-19 18 RECEIVING OF EXPORT FCL CONTAINERS 1 AND LCL CARGO AT CONTAINER TERMINAL 1 (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent 1 and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's 1 premises1,008 words
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902 1979-10-19 18 Seatrade THROUGHOUT industry and politics the first twoquarters of this year have in large measure been dominated by a realisation that the attitude of the oil consumers to the energy question must change. The restrictions of supply and the massive rise in pricesSeatrade - 902 words
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Article, Illustration154 1979-10-19 18 THE PORT of Singapore Authority (PSA) will Introdace Its twi aew ferries, Sen Areeseand Sem Cmster, to ike Kasa Island ferry service daring the Kasa pilgrimage season from Oct tl to Nov It. This is to pre vide s better service to the pilgrims sad154 words
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508 1979-10-19 18 ENORMOUS trading opportunities with China and South Korea could be opened to New Zealand exporters, if the New Zealand Shipping Corporation succeeds in launching a new direct cargo link to that part of Asia. Plans to open a regular, scheduled shipping service508 words
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344 1979-10-19 18 Reuter WEST German engineers Maschinenfabrik Augsburg Nuernberg Ag (MAN) and Denmark's Burmeister and Wain shipbuilding and engineering group plan to establish a jointly-owned Danish company, MAN said. The announcement follows a weekend meeting between MAN managing board chairman Otto Voisard and Danish PrimeReuter - 344 words
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Article, Illustration454 1979-10-19 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bendearg (after Verbena shifts will shift to G33/34 for D/L, 20/1100 tbc) 42/43 Ibn Tufail (hauls after Pate verett sails) 35/36 Katerina Daracopuulous (after Yu Quan Shan) 31/ 32 Kota Berani (after Kota Jati) 10/11 Palm Sea Horse (Tanker) (after Amalienborg P/O)454 words
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Article573 1979-10-19 18 SttMtag Use ACS T Cm 5 Afea IV 3 Alfred V 3 Alpac IV 5 Angkutan ANL V I 3 1 APL m 2 Arcadia V 5 Arya Nat n 5 ASCL m 1 Asia America n 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank573 words
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Page 13 Advertisements
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Advertisement444 1979-10-19 13 Europe Our Next Loader Port Kelang: 6/JJ Singapore: 23/10 For further details, see page 111 IA RI) I\ I AN I All Orient Overseas Co*Ua*teA Line FULLY CONTAfRBED SERVICE TO EUROPE (VIA SUEZ) HKong Kaoshung Osaka Tokyo 25 10 26 10 31/10 1/11 2/11 3/11 10/11 11/11 511 6/11 13/11444 words
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Advertisement305 1979-10-19 13 SEALORD UU ANTAFI H m UASC UNITED ARAB SHIPPING CO (SAG) Al MUBARAKIAH FULLY CONTAINERISED SERVICE S pore I Loading for 12/11 Dubai (22/11), Damnum (24/11), Kuwait (2f/ RED SEA DIRECT SERVICE S pore I Loading for InPort G. 6/7 Hodeidah Aqaba 16/11 Jeddah. Hodeidah SEALORD SmrWK AGENCKS (le| No305 words
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Advertisement409 1979-10-19 13 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE Itotre IT4»m Pstotte H'bur| Brent A'aerp 7 Not 9 Not 10 Nov* 11 No* 12 Not IS Not 14 Not IS Not 16 Not 19 Not 70 Not 23 Not, 19 Not 20 Not 22 Not 24 tot Not 2«409 words
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Advertisement717 1979-10-19 13 2 Australia Our Next Loader Port Kelang: 30/10 Singapore: 20/10 For further details, see page 111 MAERSK LINE uth.-1.-PI I 11 11 "l"l"W 'M-. ,1 Maersk Rando Maersk Pinto Maersk Rando Maersk Pinto Maersk Rando Sated Sated 21-22/10 22-23/10 27-21/10 29-30/10 4-5/11 5-6/11 10-11/11 12-13/11 ALVA MAERSK* ANNA MAERSK AXEL717 words
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Page 14 Advertisements
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Advertisement957 1979-10-19 14 FULLY COW—BP TO EU>Oft Spatr P Kelanf H'b»| BT»a»en Rdxn Cardgan Bay Iriuo Eipreis Maw ftbru Ij«<i Mara Kamatwa Mara Hooftoof Eiprns BenaMer Namtourj Eipreis Benaeon ?0 10 22 10 71 10 28 10 4 II 4 11 10 U M 11 19 II 21 II 26 11 78 II957 words
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Advertisement447 1979-10-19 14 barber blue Fran; US ATLANTIC US GULf ft EAST CANADA Ocl 15/15 I Oct H/22 Oct 21/21 Oct 24/25 Oct 25/25 Oct 31/30 Oct 21/21 Oct 31/31 Oct 27/21 E To: US ATLANTIC US GULF I EAST CANADA 4/4 Ok 10 Cmtob* wc 2f Ok 17 Ok 31 OK 22447 words
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Advertisement637 1979-10-19 14 EVERGREEN LINE fAR t AST EUROPE fXPRfSS fUtl CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UNITED MNGOOH SOUTHAMPTON LONDON. MANCHESTER. WRMWGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY Bfran&uvor HOLLAND AMSTERDAM S'pn Nm*»| HMMww IMtaiix* Htwmf l« I E«v Mpr 24 Od 14637 words
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Advertisement1048 1979-10-19 14 1 Everett Lines Burim Fhrt Star Shippui| Corpn. "BURMESE NATIONAL LINE" LOADM6 FOR RANGOON Sp« ri*x 24/* Oct 27/21 Oct PACAN H/28 Oct 27/21 0. mmtmrm (MSCHMGMG OltT) 25/27 Oct 8 f SS C Agents rt Motoy-vo TEPS MALAYSIA Port Kelong TeH38V7355 Penong Tet *****/***** Compania Argentina Da 7 Mayacion1,048 words
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Advertisement744 1979-10-19 14 Vi A A A 'a A A A A A A A y A a 'q i OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 sjl SANKYO LINE AUSTRALIA SERVICE P Ktianj Seaport Loadnf for: WE744 words
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Page 15 Advertisements
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Advertisement879 1979-10-19 15 Overseas Containers Limited Weekly service to/from UK/Europe To UK/Continent HW| R dam Spore P >(dn| D'nurk Brew Awerp le Havre C»4f jo Bay 20 Oct 22 0(1 »Nn 11 Nn 12 Nn 14 Nn Teiue Eipreu 2? Oct 21 Oct 15 Nn 17 Nn II Nn 20 Nn >iu|i Mm879 words
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Advertisement936 1979-10-19 15 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE Spore P Kelang UMON K«rtM V.32W (FtJy Booked) 5 Nov M.V MAN AN V.33W 29 Nov MV MAN OCONG rum. 17 Dec M.V MAN FUNG 135*. 10 Jan ncctPTac coNioan cacgo Fa a&r Port Said/ Alexandria Beirut/Lattakia P Said Aleiandna Beirut Lattakia P Said/Alexandria Beirut/936 words
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Advertisement668 1979-10-19 15 rr^j BEN LINE CONTAINERS EVKSS COfTMO SOHW TO/FROM EUMPC TeMi Eapra naawt ttfußG b haven roMi havre soton M Germany Austria Benetai France MIR PW»x SM SaM SaM bM 21/11 W W bM bM M 27/11 faM SM SaM bM SaM VII 11/ It 21/11 22/11 24/11 12/11 23/11 24/11668 words
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Advertisement936 1979-10-19 15 Scan Dutch 9 i\'i t»i T j fUNUSU BUNCA OAMIA 'RANCt SCA BUNGA OMtM fMUCiSO BUNG* DAKIA fIMNCESCA BUNCA OAHLIA FgANCISCA II >lll.M. C—Tl KO Of MA* wo hooim TOTAMA KOMICAN AJTIMOM BUNCA HRMAI MO Kin SIMM NHON EASTBOUND FROM MEO/UK/NC/SCANDINAVIA I) Cbm H bwg 3) Im 4) R dam936 words
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Advertisement619 1979-10-19 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. I S. AFRICA KAIQMA OMCOfONUB i Reunion Durban. Ctown Ft Ehi. I. London) Kiurtan S port G4 31/23 Oct f LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Singapore P. Keiang LETTTIA LYKES (dbcfc 1 to*<h) 2C/29619 words
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Page 16 Advertisements
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Advertisement1008 1979-10-19 16 TO NORTH AMERICA FEEDER VESSELS* PR V MOTWR VESSELS in U SE NY Ckppe» Hce 1? 21/10 24/10 3 Veueh t/U U/ll 19/11 20/11 Benny Trader 12 21/10 31/10 3 ««uh 14/11 27/11 23/11 11/12 BonKa Ace 13 4/11 7/11 3 Veiieh 22/11 1/12 1/12 21/2 Earter feede< hh*i afco1,008 words
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Advertisement632 1979-10-19 16 E.C./GREAT LAKES SERVICE I(MOMS fOR m TQM. NORFOLK MONTREAL TOWNTO. UHTMUU Penang hum P Singapore -a «ssa" CALFORRM/PACFK NORTH WIST SERVICE Load* tm: LOS ANGELES SM FRMCSCO. SEATTLE. TACOMA. VANCOUVER R C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE PfflM P Mang Singapore I Angeles "SO USHAUYA' 5/MN» 7/ tin 1/11 Ik* 70k632 words
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Advertisement442 1979-10-19 16 H HA (.roup!*. SINGAPORE SHIPPING AGENCIES PTE LTD JO'H KOUM OOANBCLO'NG S NGAPOHt AH* fc T ING 91 13 I >N{ S 9' Vl, NES 'FLt* «Si 4*-9 t RS .SShB A B CARSM ABlt CARGOSHiP mo Kt'<|ionnl Container Linos WEEKLY CONTAINER SERVICE to/from BANGKOK DSRLINES^ FUST SEM CONTUMI soma442 words
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Advertisement773 1979-10-19 16 'lOfsKcj R MALAYSIA* IN TfRSA TIONAL SHIPPING CORPORATION BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUND: Feeder *P Ketone Vessel Spore FRANCISCA 20/10 WO OEM4A 13/10 8 OMtIA 27/10 NED HOORN 30 10 FRANCESCA 3/11 10YAMA 6/11 B OAHCIA 10/11 KORRtGAN 13/11 FRANCESCA 17/11 AJUANDIA 20/11 B DAHItA 24/11773 words
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Advertisement668 1979-10-19 16 INTRASEA (PTE) LTD Faber House. 234E Orchard Road Singapore 9 Telephone ***** 1 1'*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE m a ALKYON NOD ASIA NBS7 NOR ASIA NBSt Sport P. Kelang hi Port 22 Oct 12 Nov 15 Mot 30 Not 40k Avon (UK)/Boulogne Boulogne/Antwerp/Avon' Tdbury Rotterdam/Avon/Tilbury tgapore668 words
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Page 17 Advertisements
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Advertisement540 1979-10-19 17 ■o» EGYPTIAN IKiTF OKJ ATIOKJ A I I IMC |CII 1 INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE FT KEL PENANG PT SAO ALEXANDRIA I SPHMXU Oct 25 Omits PYD AMDS U omits omits MLE U Nov 20 (TBC) PYRAMDS U540 words
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Advertisement459 1979-10-19 17 QKjOfi LINE My containerised Repiar Express Service FROM EUROPE (ACCEPTMG FROM AIL ML AMD POMTS) Trieste/ BAVARIA TWESTE 15 Oct BAVARIA STORE 6 Nov BAVAMA HKG 17 Nev BAVAMA VEMCE 22 Dec 17-21 Nev 1719 Dec 13-14 lan Neit Ports HKG/KEBLUNG/ KOBE/BUSAN TO EUROPE (THRU RATES TO ALL ML AMD459 words
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Advertisement433 1979-10-19 17 COMBO LINE REGULAR TMBER/PLYWOOD BULK SER TEESTA WOOI COMBO *002 P KELANG LDG FOR: M PT Nantes/Newport 5/11 Nantes/Newport AGENTS Spore Mjgna Shipping iPtei ltd Ifl 77J 901] b ??OV9J i Pt Kelang Perkapalan Ttmur laut Sdn Bhd lei 38 8506 7 Kuala lumpur *****1 CELTIC BULK CARRIERS Regular Bulk433 words
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Advertisement520 1979-10-19 17 GOLDEN LINE CUM GIMH SHIPPING (PTE) LTD IP N 23. ID.OR AYER STKET. SMGAPORE 1 Itl: *****2 (15 IMES) V M (Mil liMpw *****. P «HMc J1796 1 Paul* 3(54*1 r m CaiMi Kftmt own UOTD (M) SM OHD 18. iUM STRAITS/PERSIAN GULF SERVICE GOU» CITY Dub* Kuwait. A*** S/U520 words
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Advertisement478 1979-10-19 17 man mTcnmoonL mnLnasifir mum SHiPPin: Line son. sho. 2SD *lOO« QM'EN'A. PL A/A ,A L AS PAWOt T£. 48V44 T €lfc 8. Sf MA 3* A L bMPufi STRAITS/EUROPE SEMI-CONTAINER SERVICE MUM GOODNtI (17) AEBS HBOOM (110) TBN (1 11) CGudjnt Spw» PJUam Penani loa** Far JM *dam/Hbi»t *«p H478 words
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