The Business Times, 16 October 1978

Microfilm: NL9863
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, OCTOBER 16,1978 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Victory for Carter
      87 1 UPI WASHINGTON, Sun.— A filibuster-weary Congress gave President Carter his biggest policy victory early today by passing his five-part energy programme in the closing hours of the session. The Senate waited out a 14-hour filibuster led by Sen. James Abourezk, Democrat-South Dakota, and passed the billion-dollar energy
      UPI  -  87 words
    • Article
      Lock icon Boeings for China?
      68 1 Reuter WASHINGTON, Sun.— Boeing Corporation declined today to confirm or deny a report that the company has reached an agreement under which China would purchase three jumbo jets. A spokesman said: "Representatives for Boeing and China have had a number of discussions in recent months and all
      Reuter  -  68 words
    • Article
      Lock icon Mission accomplished
      78 1 Reuter KUALA LUMPUR, SUN.— Several American industrialists will visit Malaysia before the end of the year to study in depth the possibility of investing in the country, Deputy Prime Minister and Trade and Industry Minister Dr. Mahathir Mohamed said last night. At a press conference on his return
      Reuter  -  78 words
    • Article
      Lock icon Trade agreements
      78 1 AP BANGKOK, Sun.— Vietnam on Saturday signed three trade agreements with Thailand for the purchase from the Thai government of a total of US$25 million (Sss7 million) worth of maize, gypsum and yarn, a spokesman for the Commerce Ministry said today. In return, Thailand agreed to buy from
      AP  -  78 words
    • Article
      Lock icon Accept it, or else...
      81 1 AFP BANGKOK, Sun.— As confusion grows over the validity of the nine-sided five baht coin following discovery of widespread counterfeiting, the government has threatened vendors with legal action if they refuse to accept the coins. "Nobody has the right to turn away the coins, said Treasury
      AFP  -  81 words
    • Article
      Lock icon Back home
      59 1 Reuter HONGKONG, Sun.— Chinese Foreign Minister Huang Hua returned to Peking today from a visit to Greece, Italy and Britain, the New China news agency reported. Mr. Huang, who arrived back by plane, had also attended a session of the United Nations general assembly in New York as
      Reuter  -  59 words
    • Article
      Lock icon The 44th Fair
      106 1 Reuter CANTON, Sun.— China today began earning a large share of its foreign exchange with the opening of the Autumn Canton Trade Fair, and buyers said first indications were of a good supply of items. To the thunder of fire crackers, the 44th fair since 1957 began
      Reuter  -  106 words
    • Article
      Lock icon Tobacco mission
      68 1 AFP TOKYO, Sun.— The United States will send a tobacco mission to Tokyo shortly to promote its tobacco sales in Japan, it was reported today. The mission is coming at the request of the Japanese Finance Ministry. Sources close to the Japan Tobacco and Salt Public Corporation said
      AFP  -  68 words
  • Article
    TOP TEN STOCKS
    116 1 THE fsllewlag Ust sf stocks gives the II msst traded *a the Stock Exebage sf Stagapm last week. It gives the taraever la thissiih sf satis, Hsstag prices sa Friday aad the Ugh aad lew far I*7B Cwfuy TllMVd Pikes HI** Lm •m Oct U IV78 United
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      79 1 Oct Oet M Oet 11 Oet 12 Oet IS ~BT Index. *****8 1857 07 1821.42 1837.99 *****7 •Industrials: 377.29 375.(8 372 95 375.32 374.46 iFkm: 662 76 657 09 648.85 ***** 00.13 ••Hotels: 269 23 269.64 268.99 268.66 268.74 •Prowi Lies: 235 06 233 86 232.22 232.67 232 22
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    • Article
      MALAYSIA
      80 1 (Ml Oet 10 Oet 11 Oet It Oet U ♦♦BT Index 3618.03 2582.90 2494.68 2540.60 2526.24 •Industrials 408.08 405.68 401.79 403.16 ***** t Finance 563 67 568.16 543.07 54B.16 546.86 ••Hotels: 230.38 230.21 235.91 236.38 230.05 •Properties: 217 65 215.37 ***** 214.44B 213.92 ♦Tins 180.30 180 04 179.72 180.32
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  • Article
    Fourth line for MRT move
    838 1  -  INDUSTRIES IN THE NORTH By SIVA ARASU THE Singapore Government is considering incorporating a fourth line to the proposed mass rapid tansit (MRT) system. If implemented, this second northward branch will convert the present inverted T system to a stylised W. However, this addition will
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  • Article
    Lock icon HUSSEIN, DONG ON PEACE
    249 1 Reuter VIETNAMESE Prime Minister Pham Van Dong and his Malaysian counterpart Datuk Hussiein Onn yesterday exchanged views on regional and international issues affecting their countries in a final round of talks in Kuala Lumpur. Malaysian Foreign Ministry Secretary-General Tan Sri Zakaria All said the two leaders
    Reuter  -  249 words
  • Article
    Miners call for revamp of tin duties
    650 1 GRAVEL pump tin miners in Malaysia have proposed that the government restructure export duties on tin to relate the,incidence of duties to the International Tin Council (ITC) floor and ceiling prices. They say the restructuring would bring about more equitable taxation of the
    650 words
  • Article
    Smuggling on rise
    62 1 Immniitf flaw?'*"' h* It to, mscN rf the Mtel *m» the 4 <Mi yw >M «lIM<I >ff< A* MH t» T,m iimi iiwi, >l»lMt aaty Ntfte Ihmli tvn. IMA** **v m per eat JmMlh As rejirtelUm£>7"mS > jsftf!tini > i!tn!l JSK k a letter to the Willij
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  • Article
    Second wave of floating rate CDs is expected
    281 1 A SECOND wave of floating rate negotiable certificates of deposit issues is expected in the Asian dollar market. Likely to come to the market are two to three Japanese hanks, aad one South American bank. The Japanese are repeaters, while the South
    281 words
  • Article
    Dealers not compelled to reply, says SES
    649 1 Dear Sir, I refer to your open letter to the chairman of the Stock Exchange in your hrattm article dated 14th October, 1978. In this respect, I would like to draw your attention that the chairman and members of the committee are plaintiffs
    649 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      23 1 Save with RICOH Call *****33 for the world's largest selling copier H h i Prix iitc l imited i/ .4 A'V A- 2<,-'4
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    • Advertisement
      Page 1 Advertisements Column 2
      91 1 For your complete Video needs With customary vision and foresight Sony pioneered video equipment. Today. Sony is one of the world's foremost manufacturers of integrated video equipment Research and experiments are continuously carried out to bring you the most advanced and sophisticated video comoonents. Colour video camera ideal lor studio
      91 words
    • Advertisement
      Page 1 Advertisements Column 3
      3 1 wmn— SHIPPING TIMES
      3 words
    • Advertisement
      Page 1 Advertisements Column 4
      106 1 soft-joys fcoUc*o QoKShoaa torMv How to get AL TOKYO EXPRESS NEW YORK 7 flight* l w**k Bi-w<rfcly departure to &m I'aulo and Kio IV Unriro SINGAPORE 5 flight* a w«*k direct to Tokyo HONOLULU MEXICO CITY 10 flight* a week J (light* a *-r The JAL Tokyo Express zips you
      106 words
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  • Article, Illustration
    Lock icon Times hangs in balance
    813 2  -  THE TIMES of London may stop if labour disruption is not quelled. But one way out of its problems is to computerise Its operation a massive programme which Singapore's Times Organisation group is currently going through. Threat to close Observer if disruption continues By RAYMOND WHITAKER
    FT  -  813 words
  • Article
    Lock icon At the wheel of Leyland
    2534 2 MEANWHILE, several thousand jobs in another company are also at stake. And only one man can make the ailing motor giant, British Leyland, work. FT IT IS ELEVEN months since Michael Owen Edwardes, 47, the man who galvanised the fortunes of the Chloride battery group,
    FT  -  2,534 words
  • Article
    MEMO PAD
    390 2 COURBES AND TALKS Oct 6-28: The effective executive, SIM, SIM Oct 19-20: The effective sale office, Hilton, Consulasia Oct 17-31: Employee training and development, Holiday Inn, P.O.D. Oct 19-20: Finance for nonfinancial managers, Ming Court, Price Waterhouse Oct 21 and 28: Telephone techniques and courtesies, SIM, SIM Oct
    390 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      199 2 IBJ The Bank for All Reasons Corporate Financing. IBJ is Japan's oldest and largest long-term credit bank. With extensive experience in meeting corporate financial requirements through arranging bond issues and offering precisely tailored loan packages. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      612 2 CRYPTIC PUZZLE ACROSS 4 A princely chain (6) 7 Stops before going to holes (8) 8 Earthy, perhaps, like cabbages (0) 10 Snappy as Murphy may become (5) 13 Shut up and write a letter! (4) 14 Orient's way (4) 15 Catalogue of literal untruth (4) 16 Paper Insect (3)
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  • Article, Illustration
    Lock icon BLANC DE CHINE
    1025 3  -  CHINESE scholar and antique collector Mr LEE SIOW MONG writes on "a very special branch of Chinese sculpturing art" the making of figurines in pottery or porcelain. Illustrations used are part of Mr Lee's personal collection. LEE SIOW MONG Malaysian Busines THE MAKING of figurines in pottery
    Malaysian Busines  -  1,025 words
  • Article, Illustration
    Olvia an ancient preserve
    309 3 FOR SEVERAL deeadea arehaeetsgtsts have beea ezeavatlag the udeit etty ef Olvta (Bsrtspheae) m the eeast the Btoeh Se« mm the village ef Paratlas la the Ukralalaa Sevtet Bepabile. FnbM by the Greeks la the rtzth eeatary B.C. aai —i j Otvta (meaatag "happy"), It was
    309 words
  • Article, Illustration
    Lock icon Orchid business in full bloom
    565 3  -  ORCHIDS and SingaCttre go together ut Singaporeans, who exported $11.29 million of these exotic blossoms last year, will be interested to know that in Australia, the orchid trade is catching on too. By CHRIS FREEMAN Australia Now ORCHID growing in Australia, once literally a "backyard"
    Australia Now  -  565 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      43 3 A great dinner, cont d. Sweet orange and fine old cognac brandy. That s Grand Marnier A truly grand continuation to a great dinner Cheers' Sole Agents: SWIFT SL\'GAK)RH KIT 111). Suite HO. tth Floor. Orchard Building. 1 (»ran«t* R»uci. 9 Tel: t
      43 words
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      233 4 TERMINAL rubber in London on Friday hit the day's traded highs, not including kerbs, in the afternoon after sterling had eased following the UK September trade deficit figures. Final levels were below the highs, however, and showed 00-balance looses of 0.90 to 1.20 pence per kilo. Turnover totalled
      233 words
    • Article
      Produce exchange
      259 4 CHINESE Produce Exchange, Singapore noon closing prices per pkml on Saturday: Coconut oil: Bulk $97 sellers, old drum tIOS tellers, new drum $107 sellers. Capra: Mixed (loose) UK Cont 188 buyers. Pipfir: Muntok AST A white fob 100". NLW $355 sellers. Sarawak white fob 9K NLW $337 sellers,
      259 words
    • Article
      Sugar
      169 4 RAW sugar futures in London closed £0.40 to £0.75 per tonne higher on Friday. Turnover totalled 4,372 lots. Early afternoon news that the US Senate had approved a sugar bill was initially seen as an encouraging development towards eventual US ratification of the international sugar agreement. White sugar futures
      169 words
    • Article
      Palm oil
      74 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Friday Previous Malaysian 5Hffa bulk per tonne November unch 606slr December unch 595slr Sumatra 5* f(a bulk October 647' /650pd635pd November 625/ 627'.pds 612';/ 610/617'.pd December 617" pdS 602 1 /6Q5pd January 607' .pds 595
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    • Article
      Straits tin
      185 4 THE STRAITS tin in Penang on Saturday fell Msss to $1,900 per picul on an official offering dwon 10 tonnes to 195 tonnes. In LONDON on Friday, tin on the day lost £275 for cash standard and £253 for Three Months while High Grade fell by £280 and
      185 words
    • Article
      Rice
      188 4 BANGKOK rice prices were quoted as follows on Saturday: (In US dollars per tonne F. 0.8. basis Bangkok) WkMe rim: 100 pet Ist class 402. 100 pet 2nd class 387, 100 pet 3rd class 382. 5 pet 377, 10 pet 352, 15 pet 317. 20 pet 342. 25 pet
      188 words
    • Article
      Wheat
      59 4 A LACK of selling in a quiet session allowed wheat futures in Chicago on Friday to continue their recent advance despite an absence of aggressive buying. Prices ended three to IVi US cents a bushel higher in all but the fractionally-lower distant December contract. Commission-house buying was featured throughout
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    • Article
      Gold
      455 4 THE KILOBAR in Singapore on Saturday opened at Ssls,862 and closed at $15,870 in quiet trading. Spot gold for London delivery opened at U*****.80/224.20 and traded to a low of $223.50/90 on short selling. Fresh buying later in the session helped the market to close at a high of
      455 words
    • Article
      Copper
      317 4 COPPER wirebars, on the day, lost £1.5 for cash and £for Three Months in London on Friday. The afternoon market was steady on light weekend covering prompted by the trend at New York. Three Months closed at £777.5 but slipped to £775.5 on the kerb following* a subsequent softer
      317 words
    • Article
      Coffee
      352 4 RUBUSTA futures in London on Friday closed steadier, £6 up to £16 per tonne down from Thursday. Turnover was 4.081 lots including five options and around 1,300 lots of crosstrades. In the morning, the market moved lower, partly on adjustment against New York's clone but also on profit-taking in
      352 words
    • Article
      Silver
      266 4 THE HONGKONG silver futures market on Saturday closed at HK5274.00 per 10 ounces, unchanged from Friday. Fixing was also done at the unchanged price of HK5274.00. No trade was reported in the half-day session. On the LONDON Metal Exchange on Friday, silver was up 0.8 pence. The afternoon market
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    • Article
      Cocoa
      63 4 LONDON terminal cocoa steadied on Friday afternoon on weekend covering and lower settling, to close £1.50 down to £6 up. Turnover totalled 1,994 lots including 611 lots crossed and two options. In NEW YORK on Friday cocoa futures closed a quiet session some US 0.30 to 0.70 cents higher
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    • Article
      Soybean
      51 4 AFTER fluctuating widely in a nervous session, Chicago soybean futures managed for the second consecutive day to establish new seasons highs on Friday. Gains ranged from US three to 6-3/4 cents a bushel in all but two unchanged deferred months. New highs were set in the January through August
      51 words
    • Article
      Zinc
      89 4 ZINC, on the day, was down £1.5 for cash and £2 for Three Months in London on Friday. Afternoon values found' short-covering support back up to £70 on the kerb before profit-taking shaded the prices. The morning market eased in sympathy with the general trend although losses were teas
      89 words
    • Article
      Lead
      52 4 LEAD, on the day, fell £3.5 for cash and £5.25 for Three Months in London on Friday. The afternoon market partly recouped morning losses on short-covering prompted by the lower levels and continued East European inquiry. Three Months traded up to £405.5 on the kerb after closing the ring
      52 words
    • Article
      Aluminium
      43 4 ALUMINIUM, on the day, was up £4.5 for Three Months which closed at £600.5 to £601 per tonne in London on Friday. Afternoon values followed the general recovery with Three Months trading up to £600.5 on a continuation of the morning's short-cover-ing.
      43 words
    • Article
      Dealers disinclined to oversell
      422 4 THIN but steady trading characterised the Singapore produce market last week. Prices held oo to their increases of the week before but local traders were generally disinclined to oversell for a variety of reasons. There was good overseas demand from the traditional West Asian byers for
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    • MONEY AND EXCHANGES
      • Article
        Singapore market
        171 4 THE US dollar weakened further against other currencies in the Singapore fore* market last week. Trading for the week was quiet and thin with the US currency displaying a safer undertone. Against the local dollar, the US unit opened at 2.2070/30 and drifted lower under selling pressure to
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      • Article
        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.25 per cent.
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      • Article
        Asian $ rates
        238 4 Asian rates RATES remained firm throughout the week ended Oct 13, in moderately active trading with interest mainly in Three and Six Months. Six Months gained another 14 per cent. The rise in prime rate by another per cent to 10 per cent by a leading bank on Thursday helped
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      • Article
        Lock icon Discount market
        357 4 Source: The Discount Company of S'pore Ltd INTERBANK overnight funds were traded steadily at 6V« to 6'4 per cent during the week ended Oct 13. One Month funds were traded per cent upwards, while Two and Three Months were traded 1/16 per cent upwards. The closing rates for
        Source: The Discount Company of S'pore Ltd  -  357 words
      • Article
        Lock icon Money market
        63 4 Source: Astley Pearce INTERBANK overnight trading was steady throughout the week ended Oct 13. The rate traded around the 6*« to 6' i per cent level. Terms rates firmed by 1/ 16 per cent all round with moderate trading to close for the weekend at 7 to 6vfc,
        Source: Astley & Pearce  -  63 words
      • Article
        Euro $ rates
        105 4 Euro rates LONDON Eurodollar deposit rates on Friday showed little change in afternoon trading and closed around earlier occasionally softer levels, dealers said. Trading was quiet ahead of the weekend. London Eurodollar deposits closing quotes on Oct 13: Weekend 3-1 4. 3-1 Mon Tues and Tues Wed 9-15 16. 913
        105 words
      • Article
        London
        281 4 THE DOLLAR fell further against most major currencies on Friday afternoon on growing speculation of a possible realignment of the European joint float along with sterling, which was also unsettled by adverse labour news and trade figures, dealers said. Against the deutschemark the dollar closed a pfennig lower at
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      • Article
        New York
        320 4 THE DOLLAR closed narrowly mixed in relatively quiet trading on Friday. Dealers said there was virtually no reaction to the rise in the discount rate to a record B'/i per cent, with some dealers noting that increases in interest rates are unlikely to have a positive impact on
        320 words
      • Article
        Zurich
        265 4 IN a hectic market last week, the dollar continued its fall over a broad front and dropped from 1.5935 to 1.5320 Swiss francs, from 1.9045 to 1.8675 marks and from 188.30 to 186.40 yen. Several central banks including the Fed entered the market and were intervening heavily. The dollar's
        265 words
      • Article
        Frankfurt
        55 4 FRANKFURT exchanges closing quotes on Oct 13: us ijsk e Cm ***** 65 stgioo to D Mk unav D F1 91J85 92 810 S FY 121 75 122 10 Lit 2 292 MS F Fr 43 75 85 B Fr (con) Ml 353 B Fr (fin) 5 953 5
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      • Article
        Short term money
        49 4 FOR THE week ended Friday Oct 13, the range of call deposits received troA Short Deposits (If) Bhd was as follows: Bank M: 3 l par cent to s*« per cent. General Dai: 14 per cent to 5 per cent. Mmank of funds totalled 9K27 million.
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      79 4 A brewing tradition that goes back a century We've been brewing Kirin since 1869.'And over the years, some things have never changed. The meticulous care in selecting only the finest ingredients. And the traditional art of brewing in extra taste. Today, this naturally brewed lager is famous all over the
      79 words
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  • OVERSEAS
    • Article
      Lock icon The see—saw pattern of British trade
      528 5 Reuter BRITAIN'S September current account deficit of £119 million, well above market expectations, continues the year's pattern of alternating pluses and minuses, trade analysts said. The current account shows a shortfall of £163 million for the first nine months of 1978. But two positive
      Reuter  -  528 words
    • Article
      Deutsche Bank package
      114 5 Deutsche Bank AG is arranging a one billion Deutschemark (SSI 14 billion) financing package for Itaipu of Brazil. The package comprises a 750 million mark project financing and a 250 million mark Eurocredit, banking sources said. The credit is composed of 125 million marks over 10 years
      114 words
    • Article
      COPPER TALKS FAIL
      380 5 COPPER 1 producing and consuming nations on Friday abandoned efforts in Geneva to reach agreement on a proposed international body to monitor the world copper market. Conference chairman Jacques Cuttat of Switzerland said the failure of efforts to reach a compromise over the past eight months does
      380 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      715 5 ARRIVALS Service Local Operator Number Time From SAS SK097 0640 CPH/KHI/BKK MAS MH601 0700 KUL SIA SQ91I 0735 SPO/HNL/GUM MAS MH682 0725 KCH SIA SQ101 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CPA GA90O 1005 HLP GIA SQ980 1030 HLP
      715 words
    • Article
      Canadian bank rate hits record 10.25 pc
      263 5 THE Bask «f r latervealag far the fifth time this year to wppirt •a PrMay raM tto est rate ea laaas to dir tored haaks to a retard 11-25 per eeat trwa ti per eeat. The a«ve, dheMve today came la wp— to
      263 words
    • Article
      Lock icon Squeeze on defence angers Pentagon
      296 5 Washington Star WHITE House officials in US, in a move that distresses the military, are urging a defence budget of US$l35 billion(Ss3lo.s billion) for the next fiscal year. Although President Carter is to make his final budget decision in December, the effort by the White
      Washington Star  -  296 words
    • WORLD IN BRIEF
      • Article
        Lock icon EXCHANGE OF VIEWS
        471 5 Agencies NEW YORK Stock Exchange and Commodity Exchange Inc will explore the possibility of combining the two exchanges, said Comex president Lee Berendt. Commenting on current rumours on Wall Street, Mr. Berendt confirmed that the two exchanges are holding discussions but said it is too early to
        Agencies  -  471 words
    • Article
      Lock icon US economy can withstand high rates, says Miller
      660 5 AFP Reuter THE US Federal Reserve Board chairman William Miller has said that the US economy is strong enough to withstand the historically high interest rates it currently is experiencing. Mr Miller said this on Saturday at a meeting of the US
      AFP; Reuter  -  660 words
    • Article
      Lock icon Senate vote rings death knell for CAB
      250 5 UPI THE US Senate passed legislation on Saturday that would phase out Federal regulation of the airline industry and possibly lead to more major fare reductions, one of President Carter's chief legislative goals. Mr. Carter and consumer advocates sought the bill as a
      UPI  -  250 words
    • Article
      Lock icon New law to keep tabs on selling of farms
      208 5 UPI PRESIDENT Carter on Saturday signed into law a bill establishing a nationwide system of monitoring foreign purchases of US farmland. However, he warned that the nation's overall trade policies are opposed to unnecessary restrictions on international investments. The bill directs
      UPI  -  208 words
    • Article
      Impulse builders
      36 5 WEST Germany's key industries should be marked by a firmer trend of recovery next year, Commerzbank said in an economics bulletin. The electrical,chemical and engineering sectors in particular will generate strong growth impulses.— Reuter
      36 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      18 5 SINTAT Rent-a-Car GAPORE AIRPORT *****5 SIN TEL CITY TEL 23SS8SS jS for yoi loco' or onward reservations -17
      18 words
    • Advertisement
      Page 5 Advertisements Column 2
      176 5 The international bank with your interests at heart. Dai-lchi Kangyo Bank is Japan's largest bank. Total assets of 61 billion dollars. But our size doesn't make us impersonal. A worldwide staff of financial experts ready to give your project their individual attention. And we have your interests at heart. DKB
      176 words
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  • REVIEWS
    • Article
      Breadline: lifeline for those in want
      503 6 IN THESE twiirtiMt Mi afflaeat diji whea the daily three Mik an takes far graatoi aai whea the rigkt to vwUmrii »MM cuml readUy take ap toe ekMM to Bai their piaee la aMMMHMi'Ttttr k>l {^M«MkMl^lS M UaaMe to eaatola tou 11 glitog nark,
      503 words
    • Article, Illustration
      Lock icon Spencer rediscovered
      625 6 FT STANLEY Spencer is without question an outstanding artist, one of the very best Britain has ever produced, certainly in this century; but Britons have been lamentably slow, even when taking into account their destructive habit of undervaluing British artists and their work, to acknowledge as much. Today
      FT  -  625 words
    • Article
      Lock icon Japanese popular music matures and mellows
      600 6 AFP JAPANESE pop music has finally found its own formula after years of Anglo-American rock influence, popular songwriter Shunichi Tokura said recently. British Broadcasting Corporation disc-jockey Brian Matthew, who was in Tokyo last year, and other foreign music specialists share this opinion. Speaking this
      AFP  -  600 words
    • Article, Illustration
      Lock icon The untruthful hermit
      840 7 Asian Wall Street Journal Title: The Hermit tf Peking: Ike IBIIm Life «f Sir Anther: High TreverPiUMmt: Hardhead Alfred A. Knopf, paperback Price: Hardheud US$lO, paperback USfLM. 37? pages. Reviewed by Andy MeCne. SIR Edmund Backhouse, commercial agent and translator, was one of those characters who operates
      Asian Wall Street Journal  -  840 words
    • Article, Illustration
      Lock icon The American vintage hard-sell
      696 7 FT "NOTHING Good Happens Fast" so runs the slogan in ads for Paul Masson Vineyards, one of California's biggest wine-makers. But for Paul Masson, whose premium wines are "aged slowly and patiently at mountain wineries" and for the US wine industry at large, good things are
      FT  -  696 words
    • Article, Illustration
      Lock icon What drove her to those feats?
      709 7 Economist Title: Gertrude Bell. Author: H.V.F. Winstone. Publisher: Cape. 322 pages. Price: £7.50. NEXT to T.E. Lawreace, Gertrarie Bell wu the most buMii British flguc to Weal Aria ef her era. Her life was setf-ekrealeleri to her tksasaaris ef letters, her dariea and rieleetakle
      Economist  -  709 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      352 6 irwp <* ii *3 IK^SgWri *S -T V. fs&jm&L a®# j 4 a w V "7 m i You ii nt take royiirv at the Rang Mahal. Palace ai Colour*. On our daily menu are x —.Ns£ lowed by Mogul Kinp of old. Taadoori tcmptatior*. Aromatic cume*. Fluffy rice. Ftahty
      352 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      471 6 LEISURE TIME FILMS: ZOLA'S novel Pot-Bouffle is captured in celluloid by French director Julien Duvivier in the film of the name. Centred on the characters of a middle-class society, Zola slfcws them all to be despicable, people who find money and sex sufficient justification for any possible crime. The film,
      471 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      200 6 SINGAPORE 5 PM Opening announcements followed by Impact Diary of Events (Tamil)* Afternoon Matinee Intermission PM Opening announcements followed by Harold Lloyd's World of Comedy News in Breif* Marine Boy* 7.05 Dont't Ask Me* 7.30 News in Malay* 7.45 Sandiwara 8.30 Debate for Tertiary Institution '78* 9.30 News and Newsreel
      200 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      227 7 -V tit OiO SCOIC* WHIMY lOHX DIWA* t Sojj L~ TERRIFIC! W£: u\j m 0. > >G' ~i\.\ TV t t, ion h;n r. w \r iw Sr. r a mm I I t« E' H is, 4t<**C*3 Hotel Royal RAMADA Newton Road. Singapore 11. Republic of Singapore Telephone *****1.
      227 words
  • Page 7 Miscellaneous
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  • MARKET REVIEWS
    • Article
      LETHARGY PREVAILS
      869 8  -  SINGAPORE By PETER CHIA LETHARGY pervaded the Stock Exchange of Singapore last week. J," Volume was low, with 21.26 million shares worth 154.33 million traded on the week. This compares with the equally low volume of the week before when 32.48 million shares valued at 175.97 million were
      869 words
    • Article
      Holiday impetus for stocks
      657 8 r < NEW YORK h A WE SHOULD should have holidays more often, comments Jonathan C. Dodd, an analyst at E. F. Hutton and Company, referring to the stock market's rather amazing performance last week. Monday marked Columbus Day, traditionally a semi-holiday for the investment community,
      657 words
    • Article
      Whither the trend?
      770 8 LONDON k 4 THE end of a two-week trading account in London on Friday leaves the discussion of the future trend of share price* wide open. There is nothing new in the conditions which surround the wage confrontation between trades unions and the government's fixation to hold
      770 words
    • Article
      A DIFFERENT KIND OF STOCK EXCHANGE
      1450 8 AN EVENING stroll on to the trading floor of the Kuwait Stock Exchange which is open until 8 p.m. each night is a social event as well as an opportunity for a financial flutter for wealthy Kuwaitis. They do not need to be members,
      1,450 words
    • Article
      Lock icon Mining sector still bright
      321 8 SYDNEY b 4 Reuter THE market saw an upturn in the mining sector with the metals and minerals index showing a gain of 73.77 points over the week to 2678.15. Elsewhere, Collins House group members, BH South and North Broken Hill were active amid speculation about
      Reuter  -  321 words
    • Article
      Lock icon LTV Corp merger
      182 8 Reuter LTV Corp said its boards and that of Lykes Corp approved an agreement to merge, and scheduled meetings of shareholders of both companies (or Dec 5 to vote on the merger. In addition to merger terms previously announced, the boards voted to otter holders of LTV
      Reuter  -  182 words
    • Article
      In Singapore
      154 8 Rises Kramat 259 +87 Guinness 790 55 Temerloh 324 +47 Dunlop Eat 372 +42 D Keramat 1100 30 C'ontplant Wrta 440 +22 Supreme Corpn 233 +21 Sthn Kinta 700 15 Hume M 203 15 Kuchai 145 15 Ambassador 233 14. Batu Lin la ok 200 14 S Finance
      154 words
    • Article
      COMPANY NEWS for the week
      388 8  -  Week ended Oct 13 Compiled by Violet Chow OTHERS Gtiaai lito and Textile MlUa (M), which ceased operations in 1975 after Ave sucessive yean of losses, disposed of its land and building for $1.9 million in Feb 1978 to lis Kim Guan Chine Butterworth. It
      388 words
    • Article
      Pharmaceuticals still in the limelight
      410 8 f < TOKYO h _d THE ample money available has continued to be rotated among stocks of medium and small technological oriented companies with strong balance sheets. Eisai and other pharmaceuticals, again attract much interest, are considered as "technology-related" stocks rather than consumer-goods-related. Other counters
      410 words
    • Article
      Lack of interest hits sentiment
      655 8 K.LUMPUR APART from an early show of buying interest on Monday, prices moved slightly downwards on balance at the Kuala Lumpur stock market this week after daily fluctuations over narrow margins. The buying confidence that fuelled the small advance last week was not followed through
      655 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      169 8 COMPUTER SYSTEMS MARKETING AND SUPPORT OPPORTUNITIES ITEL Singapore (Pte) Ltd. was established earlier this year to sell and service its full line of advanced system computers and IBM-compatible peripheral products. Our success to date in Singapore and the Southeast Asian region served by the local offices has been gratifying and
      169 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lower in slow trading
      1220 9 NEW YORK STOCKS edged lower over a wide front in slow trading.' But analysts said the market was holding up well in the face or a 10 per cent prime rate and expectations of more interest rate rises and higher inflation still to come. The D-J
      1,220 words
    • Article
      Firm on a broad front
      318 9 TOKYO THE market on Saturday firmed (or the first time in six days over a broad front, dealers said. The market average roae 23.37 to 5.751.28 with volume 240 million shares, and the Tokyo Stock Exchange Index closed at 434.34. up 0 96 Shares with
      318 words
    • Article
      Toronto
      136 9 •SHARE prices closed lower on Friday In active trading as golds and oil and gas issues posted sharp declines. The composite index was off 10 points and losses outnumbered gains 282 to 205. Dome Pete fell 11-1/4 to 83. Dome said It will not test two Beaufort Sea wells
      136 words
    • Article
      Selected indices
      34 9 FINANCIAL TIME8 INDUSTRIALS Friday 490.2 Thursday unav Week Ago 503.0 DOW JONES AVERAGE INDUSTRIALS FrfcUy 897.09 Thursday 896.74 Week Ago 880.02 LONDON DOLLAR PREMIUM Friday 80 to SOW Thursday 81 to 81*
      34 words
    • Article
      Frankfurt higher
      556 9 EUROPEAN MARKETS FRANKFURT share prices rose strongly in heavy trading with the VWD index hitting a record high 113.54 on Friday, up 1.10 from Thursday. The Chinese Invitation to Oerman companies to form a consortium and offer tenders to a steelworks worth up to 28 billion marks was
      556 words
    • Article
      Frankfurt
      229 9 OCT U Dm Aef-Telefunken 87 80 1.4 Ahcu 28 40 AIU Leben 780 37 Allz Vers 510 50 ♦2 BASF 142 70 ♦0.2 BuyHTWbank 320 Buy Vbank 364 ♦7 Buyer 145 50 1.2 BBC 313 SOB BMW 228 2 I'usaella 430 ♦5 Chem Verw 279 50 ♦0 5 C'ommeribank
      229 words
    • Article
      Amsterdam
      239 9 OCT M Fls ABN 3«S SO -0.5 Ahold ***** -1.1 Akto 31 20 ♦0.2 AMKV 86 80 ♦0.4 Amfas 110 JO ♦0 5 Anirol Bank 76 00 unch B«*rnoss 83 SO 0 9 Berk 90 50 ♦0 5 Bub 74.10 0 8 BorsumlJ 158 SO unch Burhmann 72 20
      239 words
    • Article
      Paris
      282 9 OCT 13 Frs CORBEILLE Air-Uqulde B S N Gervals Danone C8F<ThomsonC*f> l> Francatse des Pet roles Cumpagnie Financier* Compagnle Generate Credit Foncier De France Hachette 1 Librairle) Machines Bull Mir helin (B> Panbes Pechiney Clgine Kuhlmann Peugeot' Hrniip»(N*Oem Bexlt) Print* mps S A Rhone-Poulence SA Koyal Dutch SuewCie Flnan
      282 words
    • Article
      Zurich
      183 9 OCT 13 Franc* Artion*Kuiues 286 +2 Alu.suiwBr 975 -10 Alusulsse Reg 455 tj Brown Bnven Br. 1510 -10 Ciba Geigy Br 020 -15 Cibo Qeigy PC 685 -S (Ibu Cieigy Reg 552 -2 Credit Suisse Br 2170 +35 (Yedit Suisse Reg 414 ♦3 Elekt rowaltBr 1770 unch George Fischer
      183 words
    • Article
      Brussels
      91 9 •OCT 13 Fr» korward market A<-rr 444 unch Arhwl 2400 unch AMur 802 Bnixrun 4«2 ♦1 Bru-Uimb 1590 10 C.inpuo 652 ♦2 firt 440 -S Dt- Hwrs 210 -4 Kb«»* 2320 -5 Kln-lrobPl 6780 -20 Cih-Inno-Bm 2420 -30 <"«•» 1400 -20 Hobok 2875 -30 Pflro 34*0 •110 I(yl Dulrh
      91 words
    • Article
      Milan
      99 9 OCT 11 Lire Alllr 74 1 AXMJT On ***** 110 HuMogl 662 Ontrale 5400 -100 Fiat mo -40 K insider 185 -5 Om Inimob 86 50 ♦0 5 IHPri 2657 •14 llalrementi ***** -850 Ital«u* 800 15 ItalMrter 400 10 M.inneti M Pt 524 -8 M.irelli Eri 312 2
      99 words
    • Article
      Jo'burg
      404 9 GOLD shares closed the week on an easier note reflecting London selling on the tower bullion price, dealers saUh Activity in the sector was sporadic and losses ranged to Mining flnanclals followed producers lower. De Been was five cents lower at 790. Platinum shares were little changed, while copper
      404 words
  • INTERNATIONAL COMPANY NEWS
    • Article
      Ambitious plans at ICI in spite of warnings
      522 9 LONDON:lmperial Chemical Industries has decided to press ahead with its ambitious plans to sanction capital expenditure projects worth more than £800 million this year, in spite of repeated warnings that they could not be justified by current profitability. Mr. Robin Ibbs, ICl's
      522 words
    • Article
      Sharp growth at BIC
      234 9 FRENCH-BASED Bic group, the makers of throwaway pens, razors and cigarete-lighters, increased profits world-wide by 40 per cent in the first half of this year. Net earnings of the group, which includes Biro Bic in Britain and a number of other subsidiaries and affiliates overseas, mostly
      234 words
    • Article
      NCCM STAKE
      100 9 THE Zambian government has increased its stake in Nchanga Consolidated Copper Mines (NCCM), one of the country's two big statecontrolled mining concerns, from 51 to €0 per cent, a NCCM spokesman said. The move cost the government 57 million kwacha in written-off short-term government loans to NCCM, the
      100 words
    • Article
      Honda slower
      245 9 TOKYO:Honda Motor Co* Ltd said it expects its aftertax profit in the year ending Feb 28 to fall to about 15.30 billion yen from 17.51 billion last year, on sales estimated at 931.18 billion up from 849.63 billion. The lower profit forecast reflects the sharp yen appreciation this
      245 words
    • Article
      Higher profits for Banque Rothschild
      214 9 BANQUE Rothschild, which is to absorb its parent company Compagnie due Nord through a reverse takeover, expects profits for this year to top FFr 100 million from which it will pay a dividend in excess of FFr 10.50 a share. President Guv de Rotheschild told
      214 words
    • Article
      Shell Oil sees more earnings this year
      337 9 N AMERICAN L SHELL Oil Co expects 1978 year earnings to be slightly higher than the USSS.iI a share earned in 1377, president John Bookout told analysts. Shell in the first half at 1978 earned $2.52 a share, the same amount as that
      337 words
    • Article
      Lock icon Increases in orders for IBM machines
      257 9 Reuter INTERNATIONAL Business Machines Corp said incoming orders for data processing equipment continue to show substantial increases over the high order rates experienced in the corresponding 1977 period. The company said purchases of data processing equipment in the third quarter and nine months were
      Reuter  -  257 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      148 9 NOW in FONTAN Paperback HIS MAGNIFICENT BESTSELLER OFAGREAT HONG KONG FAMIU i i i I j ROBERT ELEGANT 4# ■f r I "Power and poignancy descriptive brillance." THE SEKLOONGS are Hong Kong's merchant princes flamboyant, sensual, wily, unimaginably rich. Jonathan Sekloong has built a vast trading empire, renowned throughout the
      148 words
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  • COMPANY NEWS
    • Article, Illustration
      Public Textile's main subsidiaries now in the black
      390 10  -  By LOW LEE CHOO REFLECTING the recovery of the local textile industry in the first half of this year, Public Textile, a major cotton and knitted garments producer in Penang staged a strong upturn in interim profit. Unaudited group pre-tax profit for
      390 words
    • Article, Illustration
      Malayan Cables disappointing
      292 10 FOLLOWING a sharp decline in sales, Malayan Cables has posted a $569,000 loss for the interim period to June 30, 1978, though the board of directors express confidence that results in the second half will be better. The company points out that the poor performance in the
      292 words
    • Article
      DIVIDENDS ANNOUNCED
      518 10 Current Ex Books Date Total for Total for Payment Date Cloae Payable the year Previous year Dun lop Ind 10% I Sept 6 Sept 16 Oct 16 10% 27' i% Burnt FE 7'-% Sept 22 Sept 29 Oct 16 12'.% 10% M'witi 10%TE<b) Aug 24 Sept 6 Oct
      518 words
    • Article
      SCRIP ISSUE
      183 10 Company Particulars Ex Date Books Close Temerloh MBS Harimau Rothmans Carlsberg Pub. Bank Synthetic Resins Faber Merlin Bonus Issue of 1 (or 6 Bonus Issue of 1 for S Rights issue of I loan stock for 2 ord shares Bonus Issue of 1 for 4 Bonus Issue of
      183 words
    • Article
      Sime Darby London pays more
      63 10 SIME Darby London Ltd says it will pay an additional dividend of 0.35p on convertible preferred ordinary shares for the trading year ended June 30,1978. This increase, subject to the annual meeting's approval raises the dividend payable for last year to 1.75 PThe company added
      63 words
    • Article
      India Malaysia Textiles
      100 10 INDIA Malaysia Textiles said the finalisation of its accounts for the year ended March 31 and audit were delayed largely as a result of the closure of its factory earlier. It said the factory had to be closed from July 27 to 22 due to persistent labour
      100 words
    • Article
      COMPANY MEETINGS
      272 10 SOUTHERN Elate CaaaaUdated(M) BM: AGM to be held at Wisma Bunga Ray a, 152, Jalan Am pang, Kuala Lumpur, at 11a.m. on Oct 16 GUaai J ate aad Textile Mllla(M) BM:AGM to be held at 2-F, Chartered Bank Chambers, Beach Street, Penang, at 11a.m. on Oct 19. Ltd:EOGM
      272 words
  • Article
    SHARE INFORMATION SERVICE
    2621 10 Thii Year High Low Cuiapiar LMI Safe +Or» Vi Mr DM C«r Qf% Nat n<% f/B Vd C688) ■1* W«k Law SECTION ONE INDUSTRIALS 272 238 178 219 275 111 276 326 245 660 500 264 378 690 165 354 1100 149 464 410 140 655 352
    2,621 words
  • Article
    CHICAGO BOARD OPTIONS
    1681 10 Oct 13 CHICAGO Board options exchange volume eased on Friday to 121,382 contracts from 181,400 on Thursday. Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel AUR AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank Am BethS BethS BethS Burroughs
    1,681 words
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  • MONDAY SPORTS
    • Article, Illustration
      Lock icon Keegan may get a Real $4.5 m offer
      489 11 NYT REAL MADRID, champion of Spain and winner of the coveted European Cup a record six times, wants to sign the English star Kevin Keegan, now in his second season with West German club SV Hamburg. It could cost the Spaniards US$2
      NYT  -  489 words
    • Article
      Lock icon Will the Yankees strike out again?
      952 11 NYT IT HAS been two whole years since the New York Yankees lost the first two games of the baseball World Series, and what happened then is still fresh in the memory of most Americans the Yankees lost the next two and were swept
      NYT  -  952 words
    • Article, Illustration
      Australian golfers are swinging all over
      149 11 THIS gathering of Autnliao ich>ilcMldren during a golfing lesson leek like a grasp of golfers having a mass warm-up before teeing off la a major tournament. Golf b ft game of Infinite variety In Aastralla where courses eaa be foaad oa tropical Islands, oa
      149 words
    • Article
      Straits Times goes to Ng Ah Sek on countback
      818 11  -  By TEO TECK WENG NG AH SEK of Sembawang shot a oett TO to clinch the Straits Timet Cup in the Singapore Golf Association Individual Amateur Handicap competition at the Jurong Course yesterday. Ah Sek went out on a 44 and
      818 words
    • Article, Illustration
      Putt it down to stimps mushrooming on the greens
      674 11  -  By PETER DOBEREINER HOW FAST are the greens at your club? Swiftish? Like greased lino? Like putting on treacle tart? On the slow side? Middling* Please, please, do not give me these tired old expressions which are based on human Judgements.
      674 words
    • Article
      Beecham knocks out Jardine in Anchor Squash League
      205 11 BEECHAM crushed pre-tournament favourite Jardine 4-1 to clinch the Anchor challenge trophy in the men's section of the Anchor Business Houses Squash League. In the finals played at the Singapore Squash Centre yesterday, the Beecham team, led by their No.l, Mike Brocklebank,
      205 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      124 11 Ask around. It's no HI secret we're a favourite with businessmen from the world over. We have all the facilities and expertise to satisfy conscientious and fun-loving businessmen. Full convention and banquet facilities. 300 luxurious rooms and suites, delightful Swiss, Japanese and Chinese restaurants, a 24-hour Coffee Shop, cosy cocktail
      124 words
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  • Article
    Bank of China profit up
    506 12  -  By JOHN TAN BANK at CUat last year r«e«M a act pretit at RMB ltt.4 mffltoa <»«i milltoa), ap 2IJ per eart (Mi the year Mm. Tetal aak at the kaak expaaded traaa RMB fli Mfflaa to IMB SM Mltlaa, aa laereaae at 1.7 per
    506 words
  • Article
    Lock icon Congress slashes $5b off capital gains taxes
    789 12 NYT THE US House and Senate negotiators agreed on a US$2.l billion (554.83 billion) reduction in capital gains and related taxes on Saturday as one of the major elements of a broad tax-cut-ting bill to take effect for the most part in 1979.
    NYT  -  789 words
  • Article
    Mark these rumours doing their rounds
    296 12 THE WEST German mark could be revalued in the very near future, according to rumours that have been circulating in European financial circles during the last few days. The rumours were fed by the planned visit to West Germany today of Mr Fred Bergsten,
    296 words
  • Article
    Lock icon UN may be denied US dues
    102 12 Reuter CONTRIBUTIONS by the United States to the United Nations totalling onequarter of the world body's budget are threatened by a law that took effect this week. Last Tuesday, President Carter signed legislation appropriating funds for the State Department, including the American assessment to
    Reuter  -  102 words
  • Article
    Massive response to Casio's 40m mark bond
    680 12  -  By COLIN CHEE CASIO Computer Company's Deutschemark 40 million (SI6.C million) convertible bond ottered in both the Eurodollar and Asian dollar markets in mid-August has been six times oversubscribed. This was announced yesterday by Mr. R.Soyama, Casio's managing director, who described the market's
    680 words
  • Article, Illustration
    Dead silence in the yard
    326 12  -  By SIVA ARASU SILENCE aad stfllaeas. That was tke drat tking tkat etraek ase aa eater lag tke laekieas Jarsag Shipyard. Peckete ef wet ken were Jaat mllttag SBSLwII ef dea^^neaee. k It waa a grim ptetore aa eariaeas reastoder tkat U were killed la
    326 words
  • Article
    Lock icon MARCOS COMPROMISE
    568 12 AP PRESIDENT Ferdinand Marcos told a Japanese trade mission on Friday his government was ready to change investment policies to suit Japan's needs in exchange for its support to trim down the huge deficit of the Philippines in its trade with that country. "We are deeply concerned about
    AP  -  568 words
  • Article
    Lock icon Revving up exports
    150 12 Reuter A GROUP of British car dealers if in Tokyo to a* for shipments of more Japanese cars to Britain despite its government's request for Japan's control of car exports to Britain. The group, led by Lower House member David Walder and consisting of about 30 dealers
    Reuter  -  150 words
  • Article
    Malaysia's CPI rose sharply in August
    260 12 CONSUMER prices rose sharply In Peninsular Malaysia in August. The index went up by 1.2 per cent, mainly due to the higher prices of food. Food which has a 47-per cent weight in die total index rone by 1.9 per cent As a result
    260 words
  • Article
    A promising start by KL export credit insurance
    363 12 MALAYSIA Export Credit Insurance Berhad (Mecib), which began operations a few months ago, has got off to a promising start. To date it has already sold 15 policies covering 184.1 million worth of exports. In addition, some 20 proposals, representing an annual
    363 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      26 12 t ?rx 41 am 5 1 Happy Hours: Hotel 4pm 7pm Hrnminr Regular Hours: rrwni r 7pm 11pm Nassim Hill Singapore, 10. Tel: *****11 Ext. 123.
      26 words
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      Page 12 Advertisements Column 2
      200 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are, quoting the following for Singapore Dollar term deposits up to *****.000 1 month 5V«% p.a. 3months p.a. 6 months 6%% p.*. 9 months 6%Hp.S. 12 months ('AS p.a. Savings 4Y«% p.a. We also issue
      200 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon C Y Tung's order
        77 13 AFP HONGKONG shipowner C.Y. 'Tung will shortly order two 80,000-ton shallow draught tankers from Poland, according to "Lloyds List". These ships, costing US$36 million (SsB3 million), is scheduled to be delivered in 1961. Sir Tung would take options on two others. Commenting on the report, shipping
        AFP  -  77 words
      • Article
        Lock icon Hovercraft service
        49 13 AP AN AGREEMENT to start a ferry and hovercraft service between Hongkong and Canton has been signed between China and the Hongkong and Yaumati ferry company. The agreement gives the ferry company the exclusive right to operate a Canton-Hongkong hovercraft and ferry service for five years. AP
        AP  -  49 words
      • Article
        Lock icon CAFs revised
        69 13 Reuter THE Far Eastern freight conference, the Europe/ Japan and Japan/Europe freight conference, the Hongkong/Europe freight conference, the Philippines/Europeconference and the Sabah, Brunei and Sarawak freight conference said the currency adjustment factor (CAF), from Japan will be raised to plus 55 per cent, from plus 50.5, and from
        Reuter  -  69 words
      • Article
        Lock icon Mass protest at yards
        77 13 Reuter FRENCH shipbuilding and repair workers will hold a mass protest meeting in Paris on Friday which is likely to disrupt work severely in all French yards, sources at the Confederation Generate du Travail (CGT) union said. The industrial action, which involves the CGT and the
        Reuter  -  77 words
    • Article
      Lock icon US tanker needs to rise sharply
      510 13 FORECAST BY DREWRY Reuter A SHARP rise in oil tanker demand in the United States by 1985 and a sharp fall in the total US controlled fleet is likely to prove critical to the development of the worldwide tanker industry, London shipping consultant H
      Reuter  -  510 words
    • Article, Illustration
      A BRAND NEW LOOK...
      252 13 THE K>g» Mara sailed into the centniner pert last Thursday as a completely new ship since it last called here la Jane. This is its first voyage since its cenverslen (rem a conventional general cargo vessel te a containership. He vessel spent a whole menth at
      252 words
    • Article
      Lock icon London freight
      137 13 UPI BUSIER North American grain chartering on a broad range of trades illustrated continuance of the steady tone for both large and small size bulk carriers. A 75,000-ton OctoberNovember grain movement from the US Gulf to Holland involved the rate of U556.75 (FIO) while MSK fixed a 25,000-ton
      UPI  -  137 words
    • Article
      Lock icon Masters suspended
      84 13 Reuter THE French navy has issued some 1,300 summonses to masters of ships sailing too close to the Brittany coast in the six months since the supertanker Amoco Cadiz went aground there. In 65 cases, the offending vessels were escorted to the port of Brest for formal legal
      Reuter  -  84 words
    • Article
      INDEX
      480 13 Shipping Page CM. Aconas m 2 ACS n 5 Afca IV 2 Alpac IV 5 ANL i 1 APL m 2 Anhsing n 5 Arya Nat n 5 ASCL m 5 Angkutan m 4 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia ra 3 Ben EAC
      480 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3121 17 SCHEDOLE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,121 words
    • Article
      The Consortia
      116 17 The major shipping consortia opet* ating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. K' Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line Australia/Straits Container Line Nedlloyd Lines Neptune Orient Lines
      116 words
    • Article
      Container Schedules
      955 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change. (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      955 words
    • Article
      WHO ACTS FOR WHOM...
      867 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line- Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line- Singapore Shipping. Ahli Shipping— Shariah. Alfred C. Toepfer Line— Intermodal. Algerian i National Line (CN AN)— Unipacific. Alpac
      867 words
    • Article
      Ships in port
      277 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Akakura Maru (MOO (after Cang Shan) 29/30. Etha Rlckmers 1500( after Feng Ge shifts (P/O) 13/ 14. Feldioara O0OO( after Dong Nam-Overall Lenght Not Exceeding 137 m) 35/36. Feng Ge 1100( shifts after Sig Ragne) 46 Frotakobe (after Valerie) 6/7. Marija Ulyanova(passenger)
      277 words
    • Article
      Lock icon Chinese aim to upgrade yards
      630 18 AFP CHINA is determined to advance the productivity and technology of its shipbuilding industry, the leader of a top level British mission to Peking said over the weekend. Admiral Sir Anthony Griffin said the primary objective of this industry is to modernise and increase its
      AFP  -  630 words
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      Page 13 Advertisements Column 1
      457 13 Scan Dutch C Fast and Regular Service To/From N.C. SCAN /W.MED./U.K. Singapore: Tel. *****. Port Ketang Tel *****1. Kuala.Lumpur Tel. *****. Penang: Tel ***** o> J AR DIM A MAH Orient Overseas Co*iioi*teA Line FULLY CONTMNERtSED SERVICE FROM EUROPE (VIA SUEZ) OMENTN. HESEMOO 41 HFTVNE COtU. X cmua pmi ix
      457 words
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      Page 13 Advertisements Column 2
      146 13 asm SSI SEALORD ANTAH s. UASC UNITED ARAB SHIPPING CO (SAG) S pore Loading for BNMALK I Dub* (11/11). A. Dhatx (14/11). DoAa (16/11). Bahiain (18/11). Damm (20 11). K«t (22/11) 10/11 Muscat (23/11). Dubai (25/11) A Dhab. (27/11). P Mang Doha (29/11) Damm (112) Baluatn (3/12). K»t (6 12)
      146 words
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      Page 13 Advertisements Column 3
      661 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore: Tel *****. Port Kelang: Tel *****1. Kuala Lumpur Tel. *****. Penang Tel. ***** MAERSK LINE For U S Pacific Gulf Atlantic and East Canada <Aiso accepting lor Hongkong Taiwan japan and Korea) FULLY CONTAINERIZED FAST DIRECT MEEKLY Singapore
      661 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      603 14 Hapag-Uoyd FULLY CONTAfOBED TO EUROPE tew Mm EXPRESS CONVENTIONAL TO EUROPE rpm PJMmi Pm MM GMH Mai—l* 22/10 8/11 ■rata 17/10 13/11 tetihfa 26/11 27/11 14/12 tort «/12 5/12 22/12 FULLY CONTMOBED TO GENOA/TWESTE S'pn P. Kataat Gau HtotoNM 21/10 22/10 14/11 *P«*a 1/U 2/11 23/11 rut coßiiaaaa to um/cjhmm
      603 words
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      Page 14 Advertisements Column 2
      314 14 Murta UfeM* Nut Arm# flOM" Od 21 Dm 11/17 Dm 11/21 }VU 15 Rn 21 WW IM» 27/21 M/ZI N* 30 To: US ATLANTIC US GULF ft EAST CANADA Mh (EAC) 19-21/11 7-9/11 54/12 mSU" m u Fa Lm San Fraictaca 19-19/10 I 4-4/11 j ii". *W/L J*P«fSS ARABIA* ANO
      314 words
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      Page 14 Advertisements Column 3
      578 14 73 SEA mLAND U.S.A./ASIA SERVICE VCSSEL/VOYAGE Vessel C.F.S. CLOSES Arrives/Departs 7 00 PM WORLD TIGER Vll.— OCT 20/21 OCT IS WORLD LION Vll OCT 26/27 OCT 25 WORLD TIGER Vl2— NOV 2/3 NOV 1 Vl2 NOV 9/10 NOV 8 C.F.S. CLOSES 7.00 PM ECT SERVICE TO MD-EAST DRY/REEFER CONTAINER SERVICE
      578 words
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      Page 14 Advertisements Column 4
      812 14 Everett Lines I Barma Fivt Star ftippi»| Carp a. Ik "BURMESE NATIONAL LINE" LO4BMG fOi KMGOON 21/22 Oct B.F.S.S.C Agents in Malaysia: TEPS MALAYSIA Port Ketang Tel (38) 7355 Penang Tel. *****/***** CompauM AriMtkn Do wmpwi Afftnuna ut m T» Navaaaaoa Imrcitiwtil S. A. C.I. F. 4 ry "ARGEMtIME NATIONAL
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      764 14 Yll RIVER...THREE STAR. St ABLOOM mat carp SANKYO LINE 20/23 OCT 19/19 OCT SVD. Ma. MIL 29/31 OCT 31/31 OCT SYD. MEL, MEL 1/ 2 NOV 3/ 4 NOV DARWVL HEM 16/17 NOV 13/15 NOV SVD. ML. MEL BANGLADESH SERVICE GENERAL AGENTS CONTAMER BOOKMG 10*0 AGENTS P KELANG PENMG 11/12
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      586 15 OCL Overseas Containers Limited SOWS TO IK/COWTIOT: SWGAPORE MM6FELO CONTMO SERVICES. PTE LTD 4300(1 K LUMPUR CONTAMER AGENCES *****2. PJIELANG 3U006/1 PENANG GUTMHE BOUSTEAO SHPPW6 MEMOES *2301/3 St Australia Straits Container Line ANRO ANRO BO OF TIC MM CONSORTRM) TO/EMM AUSTRALIA I) ANRO ANRO ANRO ANRO TEMASEK AUSTRALIA ASM TEMASEK
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      972 15 F B GRANARD LII\IE Vvw] i> 11 mll f*\—l 1 \iA* m 111 t K*—> mWS#W 5-S MM IN PRESIDE 4 STRAITS EXPRESS CONTAINER SERVICE Laa4M| Mr Mew Yart, last Caast ad GMf part] by RW-LaMMfce L« Aafah*. Sat Franca and Seat* SMGAPORE P. Ketaag LJMfaMi M/Grf Laad (Otdi) (Ofrect)
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      681 15 BEN LINE CONTAINERS I BK TO/FMM DBOfl Na#M| Upren lm Hn Ktwfcan Bay IVn Mm atj ti KMC B HAVEN rOMI HAVRE SOTON Germany Aastria Benefcu Franc* U UK P Ketanf S port Ftr. M SafaO M SaM 1110 H( JPN faM bM SM bM 20/10 23/11 Kin M bM
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      791 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ M mMk xnm cjr(* Mr U«W EASTBOUND FROM MED/UK. CONTINENT/SCANDINAVIA «U O mut xcim Fa/fa l—tili C»t« It M(ki I lapan CONVENTIONAL SERVICE TO EUROPE (VIA SUEZ) Sfflfaport P Mant Penant FOi: TOUBO kW Oct 17/11 CbUnci I,stew R Mi > H
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      Page 15 Advertisements Column 5
      433 15 GUTHRIE BOUSTEAD Agencies W iMawitws Capetown THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA Beira Durban El F( lUantan Spocf Tatar 21 Oct P Mang 22/23 Oct hum east i south inu KBMO STORK Pd» FORTVNE SIM Ptnang GOOD ICAALD Pnw P 11/20 Oct Sport 21 '25 Oct
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      915 16 rage iv ■MUIILIHWIMIIW (VU SUEZ by Container Ye TO EUROPE S pore P KHang I ttavre Hburj Bremen It dam *'«W| OHonM. CMB 11* It Oct 22 Oct »Nn 11 Nn 12 Mm 13 lb* 15 Hi CtMTMO 1211 24 Oct 2t Oct 15 Nn 17 Nm It Nm 19
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      969 16 U.S.A./EAST CANADA SERVICE tCOTTK Ftt/ICL CONTANGO FMM PEMK. P. REUMt STONE tir m tok. cam rmtmjbe Miiinrii) wnfou Penang Betanan P MUnj Smgapc x» I fKACESH (MtSA X SCI) 27/aOct. X/ 30 Oct 11/21* E.C./GREAT LAKES SERVICE I Mr MRU. m TO*. —Ml TONCMTO. ASHTAMLA. OTHOn. Penang Beiawan P Mang
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      926 16 fl NEPTUNE ORIENT UNES LTD 'FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE IJLiLiUEL-IIJJa S port P Hawe Wbwt Br em Him Aserp QMF f J2l Oct 22 Oct 7to »Ne» 11 Mm 12 to 13 to IS to COHTMO ]»Oct M Oct 11 Hn 15 to 17 to Uto It
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      Page 16 Advertisements Column 4
      613 16 *Ul*rS<A* iHTtKNATIOHM SHIPPING COKPOtATION BfRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SC ANDIN A VIA WEST WD: F eator *TMm| ton fmmcesca 21/10 e k FIMCQU Vll TOU S port 1) IMts 2) Mm 3) H'bw t 4) Gbwi faM 25/11 31/10 1/11 Vll 21/1* Vll 1/11 10/11 12/U 30/10 12/11
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      583 16 INTRASEA (PTE) LTD F .ib*" 1 H ousp 2 3-3E 0 Te'ephont j'vb' l iS4v S\ Line STRAITS/AUSTRALIA SERVICE FORTUO V. M. Singapore P Ketone Lm*« Mr i 23 Oct 21 Oct fristane/Sfdnej/ J Metbotirne Adelaide anusu (fii) I* nmii booms iw«? u> r ICO SOTW 1 TMMK -MM 2WBM
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      239 17 SHIPPING (5 Seatrain Full Container Service to USA FHOa VS. STOK MOTWJ VS. m OM LA GULF E/C A VMMI 11/11 IMM •wkwM 23/11 l/U 11/11 14/11 17/11 u 1 Kind lt/lC N/ll Cmtmi 31/11 11/11 11/11 22/U 25/11 23/11 V.JS Full Container Service from USA motto vst Eye sul;
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      Page 17 Advertisements Column 2
      320 17 FAR EAST WEST AFRICA SERVICES CONTAINER SERVICE ETA STORE ETA LAGOS M.V. KYOSEI MARU It Oct 12 Not (SEN N0.*****2) M.V. YUE FLOWER 25 Nov 21 Dec (Abo accepting cargo for Port Harcourt and Tenia) BULK SERVICE (NON-CONTAINERISED) STORE P. KQ.ANG FENANG LAO a rasa 2iOct sußi w subi md
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      232 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN K> PORTS OF ITALY, SPAIN. FRANCE S'para P. KeUnj Doctorpn; Porta m.v OMOUSSiAN MADEN 22 Oct It Oct La Speu Slims, MontjJcone Naples. Trieste. Verace m.v MVEJtSHM 22 Oct leddah l BURDEKIN SHIPPING RTY LTD REGULAR SERVICE TO ANTWERP t U.K. ACCEPTMG
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      68 17 6fg±> CONTINENTAL FEEDERS PTE. LTD. 18th floor room 1801/ A. Marina House. Shenton Way. Singapore 1. Tel: *****51/*****79/*****70 Announces the appointment of CARGO FREIGHT SERVICES SDN. BHD. 2-B, Jalan Berangan. Pelabuhan Kelang. Malaysia. Tel: *****1/*****2 (P.K.) Tel: *****7 (PJ.) Telex MA***** as our agents for West Malaysia with effect from
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      132 18 3 ,V u <9 Cadbury goes Ist class. Chocolates are meant to be enjoyed. security which Cadbury need. But drastic chant»es in humidity and temperature They turn out a product meant to melt, surely, can turn them into a sticky, brown, unappetizing but only in the mouth of the consumers,
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