The Business Times, 20 June 1979
1979-06-20
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The Business Times
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Title Section11 1979-06-20 1 BUSINESS TIMES M.C.(P) No. 146/1/79 WEDNESDAY, JUNE 2», 197* 50 CENTS11 words
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BRIEFLY...
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Article63 1979-06-20 1 UPI TOKYO, Tues. Chinese Vice Premier Deng Xiaoping said today China wants to normalise relations with Indonesia but the response from Jakarta is unclear, a Japanese news agency reported from Beijing (Peking). Kyodo News Service said Mr Deng made the statement in a meeting with Japanese Justice MinisterUPI - 63 words
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Article71 1979-06-20 1 Reuter SEOUL, Tues. South Korea and Malaysia have agreed in principle to reopen suspended air services between Kuala Lumpur and Seoul by the Malaysian Airline System (MAS), Foreign Ministry officials said. MAS suspended services after its inaugural flight to Seoul last April when South Korea alleged the airlineReuter - 71 words
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Article60 1979-06-20 1 UPI LONDON, Tues. Saudi Arabian Oil Minister Sheikh Ahmed Zaki Yamani today offered hope to oil-thirsty nations, saying his country may increase production by one million barrels a day next month to help bring order to the world market. But he warned Saudi Arabia would maintain the higherUPI - 60 words
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Article57 1979-06-20 1 Reuter TOKYO, Tues. Japan, which so far has only accepted six Vietnamese refugees, today decided to consider easier conditions for them to settle temporarily or permanently in the country, government sources said. This decision was taken as officials of the foreign and other ministries concerned took a freshReuter - 57 words
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Article58 1979-06-20 1 Reuter BRUSSELS, Tues. The European Common Market is contributing US$5.3 million (SJII million) towards the United Nations' efforts to deal with South-east Asia's growing refugee problems. A statement from the Brussels Commission said the money would be given to the UN High Commissioner for Refugees and is additionalReuter - 58 words
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Article51 1979-06-20 1 Reuter LONDON, Tues. Britain's Civil Aviation Authority today lifted a ban on flights by DC-10 airliners, following yesterday's agreement in Zurich by European air authorities and airlines on new safety procedures. The planes will be subject to new and more stringent inspection procedures, the authority said.Reuter - 51 words
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Article44 1979-06-20 1 TOKYO, Tues. Kuwait has told the Japanese oil industry it will invoke a most-favoured seller clause in its contracts retroactive to May 1, thus raising its heavy crude oil prices to as high as U5519.31 a barrel, industry sources said today.44 words
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Article64 1979-06-20 1 UPI NEW YORK, Tues. The stock market headed lower early today as investors sought clues to the direction of the economy. Trading was fairly active. The Dow Jones industrial average, which lost 3.90 points yesterday, was off 1.20 points to 838.18 around 3 p.m. Declines led advances, 570UPI - 64 words
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Chief Price Changes
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Article133 1979-06-20 1 Falls Indices Sungci Besi 1020 -50 Jun 18 Jun 19 Straits Trading 660 -40 Matsushita 515 -35 B.T.Index: 2244.64 2227.52 D Keramat 1220 -30 Industrials: 390.41 385.30 Sthn Malayan 1480 -20 Finance: 682.30 679.67 C C M Keck Seng Berjuntai 520 250 805 -20 -16 -15 Hotels: Properties: 286.26133 words
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Article, Illustration137 1979-06-20 1 Falls Indices Consplant Wrts 560 -40 B.T. Index: Jun 18 Jun 19 S Trading 665 -20 3313.10 3300.31 Berjuntai 800 -20 Industrials: 417.43 414.46 Tractors 565 -15 Finance: 606.52 606.76 Chersonese 252 -14 Hotels: 257.42 257.38 Rahman Hy 420 -14 Properties: 238.54 236.96 Negri Semb 432 -14 Tins:137 words
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Article640 1979-06-20 1 JOHN LIM - TO FINANCE TDC By JOHN LIM SUGGESTIONS that the proposed Trade Development Council be financed fully by the private sector was yesterday rejected by the chairman of the Singapore International Chamber of Commerce (SICC), Mr D M Brown. The private sector, he said, is in640 words
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242 1979-06-20 1 THE Singapore Federation of Chambers of Commerce and Industry- (SFCCI) is planning to meet Finance Minister Hon Sui Sen to discuss the subject of "unfair competition" by the Government in commercial activities. This was decided at a Council meeting late last month. An invitation242 words
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565 1979-06-20 1 GOH ENG KEE - By GOH ENG KEE SINGAPORE shipping companies were particularly active in the London market for second-hand ships last month, buying and selling seven cargo ships valued at close to US$ll million ($24 million). The last significant deal involving Singapore-regis-tered fleet owners was reported last565 words
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Article191 1979-06-20 1 INFLATION in Singapore accelerated to an annual rate of 9.4 per cent last month, the Statistics Department said. The Consumer Price Index (CPI) last month rose by 0.8 per cent over the preceding month, which was 0.4 per cent higher than March. The rising trend contrasts sharply191 words
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265 1979-06-20 1 THE SINGAPORE Federation of Chambers of Commerce and Industry (SFCCI) will send a trade and investment mission t« China this September to pave the way for increasing its members' participation in the Chinese economy. This follows an open invitation by the Chinese Foreign265 words
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331 1979-06-20 1 HSUNG BEE HWA - By HSUNG BEE HWA THE US Treasury Department has decided not to impose countervailing duties on the import of textiles and mens' and boys' apparel from Singapore. In a statement issued on Monday, it said the subsidy given by the Singapore government to331 words
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Article98 1979-06-20 1 AT THE annual general meeting of the Singapore International Chamber of Commerce (SICC) yesterday, Mr D M Brown was re-elected chairman for another one-year term. Mr RW Lutton was elected deputy chairman. Other committee members include Messrs J Balhuizen. JDH Neil, H H Waetcke. K Sakurai, CW Watson,98 words
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Page 1 Advertisements
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Advertisement32 1979-06-20 1 whatever you need in menswear,getitat... MOHAN'S DEPT. STORE (PTE) LTD. 321. Orchard Road Tel *****22 (next to Mandarin Hotel) Branch: 101, Tang hn Shopping Centre let *****49 Daily 9am-9pm SEE PAGE 332 words
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Advertisement28 1979-06-20 1 Lvhii Predators Top cats on the prowlgreen after green lynx s'y Predators Investment Cost Woods and Irons definitely is your club. Awailahlp from le,)d"uj sports and pro shop-,28 words
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Advertisement66 1979-06-20 1 trass SHIPPING TIMES OTA'S radical view en socialist dem0cracy................................ 3 WORLD conference on refugees 1ike1y........................................ 3 AMERICANS want Carter to work mirac1e5........................... 7 EMS working well I METAL Box turns in record profit 11 HOCK Lock Slew on companies going public..... 11 AHMAD Mattar's advice for bu5ine55men............................. 12 MEMOPAD 2,66 words
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Advertisement175 1979-06-20 1 Avatfatta at art toadmg goW oamar* A daw aaorn Seta A gams ROYAL SPORTING HOUSE PTE LTD 201 High Straat Cantra Singapore 6 Tat ?K«BS3 ft 292WM All this and 3D too. The Olivetti Copia 1550 reproduces manuscripts, typescripts, photocopies, drawings, photographs, books, leatlets and almost anything. Even three- dimensional175 words
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TRADE AND INDUSTRY
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Article373 1979-06-20 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 12-26: Personnel Guidelines and Policies, Holiday Inn, Personnel and Organisation Development June 19-21: Production management, SIM, SIM June373 words
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385 1979-06-20 2 THE Singapore Manufacturers' Association (SMA) is finalising details for its first trade mission to South America next month. A 14-member delegation, 12 of whom are representatives from local manufacturing companies, will be visiting Brazil, Argentina, Venezuela, Chile, and, Panama from Aug 10385 words
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Article247 1979-06-20 2 A NINE-MEMBER mission from British Columbia. Canada, will be in Singapore from tomorrow to June 23 as part of a South-east Asian tour to promote the sale of aircraft parts and service maintenance equipment. Seven companies are represented in the four-day mission led by Mr Dale247 words
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Article73 1979-06-20 2 THE National Productivity Board will be conducting a course on Practical Jig and Fixture Design from July 9 to July 30 at the NPB Town Training Centre in Hotel Royal-Ramada. The course aims to teach production engineers, technicians and supervisors how to design simple jigs73 words
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Article48 1979-06-20 2 THE University of Singapore's Department of Extramural Studies will hold a 12-lecture course on various management accounting techniques for small-sized organisations. The practical management accounting course will be conducted in Nissen Hut 8, every Monday and Thursday from 7 p.m to 9 p.m. beginning June 25.48 words
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Article, Illustration479 1979-06-20 2 RAHIM KASSIM - By RAHIM KASSIM AN AMERICAN firm dealing in oil drilling and industrial instruments has installed a weigh-beam at its Jurong plant to test the accuracy of its products before shipment. The equipment cost Martin Decker (S) $57,000. Mr Donald Bernhart, the production manager of its parent479 words
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Page 2 Advertisements
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Advertisement216 1979-06-20 2 An investment in DEXION is your answer to fne high cost of storage floor space A large storage space does not need a large floor area. With the high cost of floor space, there are definite savings in storing upwards. With Dexion, you can build additional storage levels to your216 words
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REGIONAL
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815 1979-06-20 3 KEYNOTE SPEECH AFP Reuter CHINESE Premier Hua Guofeng has defined "socialist democracy" as "the entire people enjoying the supreme power of running the country on the basis of their rights to various forms of ownership and disposal of the means of production." He wasAFP; Reuter - 815 words
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Article, Illustration287 1979-06-20 3 TSANG SAU YIN - By TSANG SAU YIN INDONESIA'S cement magnate Henry Onggo has gone into Jakarta's largest mixed property development that will be funded by a consortium of Singapore banks. The consortium loan will be managed by United Chase Merchant Bankers of Singapore and Chase Manhattan Asia of Hongkong287 words
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Article102 1979-06-20 3 AN AGREEMENT which allows special low air fares between Thailand and the United States and gives Thai International new routes to the US has been concluded between the two countries. The 10-member US aviation team proposed the special low rates during a week-long meeting with Thai air102 words
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Article73 1979-06-20 3 AFP THE newly-formed Malaysian Airline System Employees Union (MASEU) submitted its application for registration to the registrar of trade unions in Kuala Lumpur yesterday, the national news agency, Bernama, reported. The registrar, Haji Abdul Wahab Othman, who confirmed this, said a union delegation led by its protem presidentAFP - 73 words
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475 1979-06-20 3 AFP THE European Economic Community's chief textile negotiator, Mr Traa Vaa Thinh, was reported ns saying that window dressing makes US textile agreements with Asian exporting countries much more liberal than the EEC's which seemed to be "bratai". 11m report Is carried byAFP - 475 words
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530 1979-06-20 3 MALAYSIAN rubber shippers will make a strong appeal to the Far Eastern Freight Conference (FEFC) to allow them to use other shipping lines. This will be one of the major issues to be brought up by the Freight Committee of the Rubber Industry of530 words
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Article, Illustration796 1979-06-20 3 Agencies AN EARLY international conference on Indochinese refugees now appears #ertain following renewed high-level appeals for action from Europe and in the United States Congress. But when and where it will be held is still uncertain. United Nations Secretary-General Kurt Waldheim has been consulting UNAgencies - 796 words
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Page 3 Advertisements
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Advertisement243 1979-06-20 3 COURAGE CONFIDENCE LEADERSHIP QM.CC4MDCO 10 ways (fee Bate Caraegle Caane Mpt mi aid Actwrt pm%4 mi cwMnm B THE DAIE CARNEGIE COURSE promolti and develops these qualities in those who are active in business. community or social work Maior corporations are now showing increased interest in the man and woman243 words
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Advertisement109 1979-06-20 3 r" i lj 1 as TSINGTAO the beer on every drinker s lips MfV j 5 Tsingtao, the no. 1 beer in 'China, has smoothened its way into many a luxury place. The rich, smooth taste of Tsingtao beer is sure quenching the thirst of a lot of people these109 words
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RAW MATERIALS
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Article187 1979-06-20 4 Reuter THE PRICE of tin could fall sharply to around £6,000 per tonne over the next 12 months. Making this forecast in its annual review of the world tin industry, commodity trader Rayner-Harwill said the tin market will continue to be in surplus inReuter - 187 words
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Article187 1979-06-20 4 Reuter CHINA'S soybean imports this calendar year are expected to total near the 364.000 tonnes imported in 1977, following imports of about 110.000 tonnes last year, the US Agriculture Department said. In a report on the agricultural situation in China, the USD A said China's exportsReuter - 187 words
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Article153 1979-06-20 4 AP WORLD coffee output is expected to increase about 4 per cent despite recent cold weather in Brazil, the leading producer, the US Agriculture Department said. In its first forecast for the 1979-80 crop, the department said production is estimated at 78.3 million bags,AP - 153 words
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Article326 1979-06-20 4 GENERALLY quiet trading prevailed on the Singapore produce market yesterday. For the most part, prices moved sideways. Coffee traders here continued to show no incentive to deal for want of fresh stocks of exportable coffee from Indonesia. Prices for the various grades of coffee were quoted unchanged on326 words
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Article186 1979-06-20 4 CHICAGO soybean futures on Monday closed at or near the lows of the day in a retracement of Friday's advance. Prices were 16' j to 10' US cents a bushel lower. Traders said early selling pressure came from local liquidation and the unexpected rain and cooler weather in the186 words
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Article197 1979-06-20 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godownt yani: China Blue Phoenix 20s 2.325; 32s 2.905 40s 3.030 (per hale of 400 lbs*. PWf km4s: China Butterfly and Globe brand unq. Dragon Head unq: Five Lambs unq. Flower and Butterfly unq;197 words
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Article335 1979-06-20 4 SINGAPORE:' Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96, 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN A-super 0 62, Special335 words
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Article117 1979-06-20 4 WHEAT futures in Chicago on Monday closed 10 1 2 to eight US cents a bushel lower on local liquidation. Traders said the favorable weather over the weekend in the South-west permitted an acceleration of the harvest and brought about some hedge selling. The Canadian crop report late Friday117 words
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Article253 1979-06-20 4 OPENING prices in Singapore yesterday were about unchanged and the market thereafter steadied gradually to gain about two cents on speculative, trade and upcountry buying. Some forward demand was also noted and values gained further ground towards the morning's close as sellers retreated, dealers said. The morning session closed253 words
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Article422 1979-06-20 4 R.A.S. prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 301 50 302 50N 305 00 305 50S Int. 1 R.S.S. July 297 50 298.50 300 00 300 50 Int. 1 R.S.S. August 298 50 299422 words
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Article124 1979-06-20 4 NOON SSR and SMR pr»ce vetlertiay RAS Jmly Aagaat (Cai real Mth) (Fa rmard Mtht Bayers Seller* Bayer* Seller* SSR 20 titon p*llel> 286 00 288 00N 286 00 288 OON SSR SO ll Ian pallet) 283 00 285 (ION 283 00 285 OON MRELB SMR CV124 words
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Article69 1979-06-20 4 THE STRAITS tin price in Peiuutg yesterday gained Msl to $1,981 a picul. Conditions were steady, with the small rise following continued light demand from traders and a reduction in tin ore delivered by miners, dealers said. Total turnover fell to 155 tonnes from 185 tonnes on Monday.69 words
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Article30 1979-06-20 4 Rubber: June 19 Singapore: July: 300.00 cents (up 3.50 cents) Malaysia: July: 299.50 cents (up 3.00 cents) Tin: $1,981 (up $1) •Official offering: 155 tonnes (down 30 tonnes)30 words
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Article194 1979-06-20 4 THE SUGAR futures market yesterday closed easier, with losses of 0.35 to 0.40 US cents, dealers said. Trading remained quiet and featureless, with no trades registered, as on Monday, while the day's spot sugar price fell 0.20 to 7.80 cents. Sugar futures closing prices: PrrviNi CI—If CMi|| July194 words
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Article636 1979-06-20 4 COFFEE: Robusta futures yesterday closed the morning officially steady but with sharp gains from the opening and against Monday's close of between £18 to £41 per tonne. Turnover was 4,741 lots including 26 options. The biggest gain was in January at £2,001 against a highlow trading range of636 words
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Article70 1979-06-20 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated LONDON: Malaysian 5%ffa bulk per tonne Mm PrevtMs July unch 665slr Sumatra 5% (fa bulk June 690slr 687 sir July 682 sir 680slr August 677' sir/ 675pd 675slr September unch 670s lr October 662 pd Nigeria70 words
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ASIAN STOCKS
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Article568 1979-06-20 4 Tokyo Source: DBS-Daiwa SHIPPING and machinery issues which announced a gradual recovery in their business results were active and higher from buying by major brokerage houses. In addition, neglected stocks such as Kirin Brewery. Nihon Koei. Yamato Kogyo and JGC Corp also gained on rotation buying. OnSource: DBS-Daiwa - 568 words
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Article351 1979-06-20 4 Source: SHK Sec THE market yesterday eased in surprisingly low turnover after Monday's exceptional land auction and final results from Tai Cheung. With most of the good news out of the way and no appreciation of shares seen (except for Cheung Kong), the market looks likely to drift lowerSource: SHK Sec - 351 words
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Article315 1979-06-20 4 TRADING remained sluggish and stocks closed mixed to lower yesterday, dealers said. Among losses. First Trust fell Ave baht to 179. Sbuth Asia Fibre two to 173, and Bangkok Bank, Industrial Finance Corp, and Metropolitan Bank four each to 190, 166 and 570 respectively. Gains were recorded by Serm315 words
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Article360 1979-06-20 4 THE market lost further ground yesterday on concern over the petrol supply situation in New South Wales and the call for a national strike on tomorrow, dealers said. BHP fell 22 cents to $8.54 and banks and retailers also .weakened, with the ANZ Bank losing five to $4 35.360 words
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Article165 1979-06-20 4 THE market closed lower yesterday as oils joined commercials and minings' downward trend, dealers said. Turnover remained at 6.2 million pesos. Among the few gainers were Baguio Gold, Benguet Con B, and Landoil B. Acoje Mining, Philex B, Basic Petroleum, Phil Overseas, Pogei Seafront. Meralco, PLDT and Vulcan all165 words
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Article62 1979-06-20 4 FINANCIAL TIMES INDUSTRIALS Friday 4785 Week Ago 503.9 DOW JONES AVERAGE INDUSTRIALS Monday 839.40 Friday 843.30 Week ago 837.58 LONDON DOLLAR PREMIUM Monday 39 1 t to 40 Friday 38's to 39 H.K.HANG SENG Tuesday 541.89 Monday 546.22 Week ago 545.53 SYDNEY INDUSTRIALS Tuesday 409.08 Mondays 477.11 Week62 words
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Page 4 Advertisements
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Advertisement191 1979-06-20 4 Fish and Seafood at the Brasserie. Whatfc the catch? OB •car 8! a m m V w (S. WVL rs <♦ SZfiaa&J Alf/ m m. '4 V 4> m »>£ <* ;<^ n sa 2^53 4* \v <* 5£ > <► > <V vs Sji ra&g mm*. ♦A i S191 words
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OVERSEAS
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292 1979-06-20 5 NYT AMERICA'S big retailers, having basked in an especially good fiscal first quarter, are reporting disappointing results for May. They are beginning to express fear that consumers' spending is slowing down. During the quarter ended April 30 most of the multibillion-dollar chainsNYT - 292 words
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Article, Illustration478 1979-06-20 5 Agencies US President Carter, fighting for Senate support of the i newly signed strategic arms limitation treaty with the Soviet Union, says he will campaign for ratification i before every American who will listen. Just 13 hours after signing the salt 11 treaty withAgencies; Source: AP picture - 478 words
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Article770 1979-06-20 5 ARRIVALS Service Local Operator Number Time From SIA SQIOI 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103 1045 KUL SIA SQ211 1045 HLP MAS MH605 1045770 words
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Article457 1979-06-20 5 Reuter COMMON Market agriculture ministers began their annual session on Monday night to work oat new farm prices and all the signs point to an impending clash between Britain and its eight EEC partners. There appeared little chance of the ministers agreeing this week on newReuter - 457 words
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Article201 1979-06-20 5 THE United States and other leading industrial democracies will be asked at their Tokyo summit next week to agree to publish details of all their oil deals, according to informed EEC sources. The idea, aimed at uniting the West in the face of rising oil201 words
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Article128 1979-06-20 5 UPI NEW American tax incentives may be unnecessary' because of an increase in US exports. The incentives will also violate the spirit of the new world trade agreements, a US Treasury official told the Senate on Monday. "Because export industries will be the clear beneficiaries ofUPI - 128 words
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WORLD IN BRIEF
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Article545 1979-06-20 5 Agencies THREE US oil companies that produce Alaskan North Slope oil have followed Opec's leapfrogging on prices and increased their profits by more than 70 per cent this year, an authoritative petroleum publication said on Monday. "After-tax profits on Alaskan sales to the US West coast and GulfAgencies - 545 words
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246 1979-06-20 5 AFP AMERICA has proposed to the six other major Western nations, taking part in the Tokyo summit late this month, that they establish an oil-lending system to help each other with effects of a cutback in their oil imports, Japanese government sources said onAFP - 246 words
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383 1979-06-20 5 Reuter THE president of the Gulf Oil Corp of the US, James Lee said there were indications that Saudi Arabia might reduce its oil production, contrary to some published reports. Mr Lee said Saudi Arabia is now selling small quantities ofReuter - 383 words
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Page 5 Advertisements
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Advertisement281 1979-06-20 5 The budget minded copier. .4 The Minolta EP 510 was especially designed for the mid range user, or around 5000 copies per month Our objective was to design a copier that would give sharp clear copies and at the same time give years of economical operation with a minimum of281 words
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Article386 1979-06-20 6 HE WHO expects to enjoy if not to actually call the tune must be prepared to pay the piper. And as it is clearly the private sector that will enjoy the benefits of a Trade Development Council, that much discussed baby which everyone wants but386 words
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Article348 1979-06-20 6 DR AHMAD Mattar's advice to Singapore manufacturers to make more use of trading companies bears looking into. The evidence he adduces from other countries' experiences provide strong persuasion that trading companies do indeed provide manufacturers with a cheap and convenient outlet for selling their goods. In the348 words
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Article, Illustration1036 1979-06-20 6 K.K. SHARMA - LIFE IN HANOI By K.K. SHARMA FT HANOI goes about normal life in a business-like, sedate manner, but this cloaks the seriousness with which the Vietnamese capital is preparing for war. The silence in the streets during working hours is broken by MiGs flyingFT - 1,036 words
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Article, Illustration944 1979-06-20 6 DREW MIDDLETON - Bv DREW MIDDLETON NYT SAUDI ARABIA is in the predicament of an immensely wealthy man who has counted on the police station next door to guard his riches. Suddenly, the reliable policemen are gone, replaced by unpredictable neighbours. In this situation, SaudiNYT - 944 words
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Page 6 Advertisements
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Advertisement173 1979-06-20 6 T Pullman Kellogg LNG projects naj new trade routes. popen Pullman Kellogg Division of Pullman Incorporated Houston, Texas ***** Pullman Kellogg Far East, Inc. Kasumigaseki Bldg PO Bo* 51, Tokyo Pullman Kellogg Far East. Inc. American International Tower 16-18 Queens Road, Central Hong Kong Incorporated in USA with hmtted liability173 words
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Page 6 Miscellaneous
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Miscellaneous1338 1979-06-20 6 The long road back TWO programmes tonight might make yea feel the $54 yea paid far year TV Uceace has net totally geae to waete. First, the RTS iecimeatary "The Leag Read Back" Is repeated at I.SI ea Ckaaael 5. This Is the eae that deals with the prebiems faced1,338 words
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Article, Illustration1325 1979-06-20 7 JAMES FOLEY - By JAMES FOLEY Reuter ALTHOUGH the Japanese are working themselves into a frenzy over the western economic summit to be staged in Tokyo at the end of the month, they are strangely nonchalant about President Carter's state visit to Japan just before the meeting.Reuter - 1,325 words
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Article872 1979-06-20 7 DAVID BREWTHALL; DAVID BREWTHALL - Anticipated chaos Recent conferences of Arab organisations have introduced new trade boycott measures to hit Egypt now seen as Israel's "fellow traveller." Arab fear of Israeli economic domination remains a curious feature of the Middle East scene. Israel's economy has, after all, struggled for six years andFT - 872 words
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870 1979-06-20 7 LEONARD SILK - FORUM I with LEONARD SILK NYT "I DON'T KNOW anything about art, but I know what I like," said the Philistine. And most Americans say they don't know much about economics, but they know what they don't like such as the present state ofNYT - 870 words
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Article255 1979-06-20 7 A FEW days ago we were solicited through our telex. A company was offering to provide computer services for chores such as billing, file maintainence and direct mail computer letters. A useful service for those needing it, but the advertiser's message at the beginning of its255 words
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Page 7 Advertisements
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Advertisement231 1979-06-20 7 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise If you're involved231 words
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Page 7 Miscellaneous
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Miscellaneous33 1979-06-20 7 Tug Dooe ok iwe KOWT IS TMC BUYING oePßg.T(v>OiT TMRT CWRP IN TH£ IS SRISTOoj i.v'. :a»j SRU PI i*iRK 10HO ICQK€_D SUCH Pi £y£_ THP»T 1-lfTlt. I'CKT OF SLU£L luh»ch scpllthc sky33 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article211 1979-06-20 8 JUNK 18 ris ABN 342 00 .1 Ahold 93.00 -0 1 Ak/n 28.30 -0.2 AMVV 85.80 1.3 Anil.is 109 50 ♦1 5 Amrol Bank 6950 0.3 Brritovs 56 50 -16 lWrk 95 10 -0.9 Bols 6560 1.3 Btirsumij 161 50 0.5 Burhtnann 60 20 0.2 Bvnikorf 70 70 02211 words
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Article297 1979-06-20 8 JUNK 18 Frs CORBEILLE Air-I.iquide 392 -16 B S N Gervais Danoiif 645 20 i* S V < ThomsonC*sf) 370 unch O Fruncai.se des Petroles ***** unch i'ompagnie Financier? I'ompagnie 1 Generate 386 I'nrdil Foncier l)e France 470 -0.5 Hachette (Librairie) 233 -3 Machines Bull 57 90 0.8 Mn297 words
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Article190 1979-06-20 8 JUNE 18 Francs Actions Suisse* 288 unch Alusui.vsr Br. 1240 -5 Alusuisse Reg 492 1 Brown Boveri Br 1750 unch Oba Geigy Br 1265 -5 C»ba Geigy P C 1020 unch t'iba Oify Reg 693 -1 Credit Suisse Br 2150 unch Credit Suisse Reg 412 •3 Elektrowall Br 1890190 words
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Article91 1979-06-20 8 JUNt: 18 Km FORWARD MARKET Am 436 -4 2530 -S A>tur 600 -18 628 12 Bru-I.amb 1760 -10 DMM 848 Cock 522 2 Dr brers 261 I Fhr> 2200 unch Elrfirobfl 6800 20 Gb-Inno-Bm 2500 -•5 CH*V 1250 -2 Hobok 3030 -50 Prtro 4725 65 Hyl Dutch 2155 -1091 words
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Article245 1979-06-20 8 JUNE 18 Dm Arl-Trlrfunken 52 90 0.6 Ak/o 26 10 01 AM/ I^*brn 825 00 unch Ail/ Vm 440 00 5 BA.sh 134 80 •12 Bay H T Vbftlftk 247 00B •lb Hay Vbank 265 00 -25 Bayrr 133 80 •1 bbi* 263 50 BMW 202 00 i'av«*lla 347245 words
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Article103 1979-06-20 8 JUNK IS Lire Anir 31 75 unrh Assoc G*n ***** S HaMogi 790 1 Onlrak iOSO -41 Kuil 2649 -8 KinMdrr ***** -14 Grn I in mob 85 -0 75 IH Pn 2250 -7 Ilakmtenli ***** 200 70S -3 lulMdrr 409 9 Maitnrll M Pt 546 1 Marrlli Err103 words
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Article1273 1979-06-20 8 NEW YORK THE STOCK MARKET retreated on Monday on expectations of further oil price increases although the gaming sector and issues involved in takeovers advanced. Turnover eased a bit from recent levels as 31 million shares changed hands, off from 33 million last Friday. Backsliders paced gainers about1,273 words
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Article200 1979-06-20 8 JUNK 18 C$ Abilibi IS unch Alcun 42 Almoin.i 30 unch Bank Mont 23 Bank Nova Scotia 22 Bell Tel 22 unch Beth Corp 1 BP Can Ltd 28 unch BraM an 24 Camp Red Lake 21 C an Imp Bk 25 i. anpac 30 -1 Canpac Inv Pf200 words
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Page 8 Advertisements
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Advertisement667 1979-06-20 8 Where to wine, dine and entertain r i übertui (®riU k. For lunch. For dinner. For a richly rewarding experience. Also Businessmen s Lunch Monday to Eridav, SIH 3% CF.SS Javanese Rijstafel Saturdav Sunday 51b 3% CESS For reservations call *****7 CViitury hirk Slx*riitoi) iW© SMEPA'O\«O'£LS and NNS WVOOLDA<D€ ••a',.667 words
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Advertisement63 1979-06-20 8 See Page 4 for Asian stocks &rm r* f 1 ■CV>l /I!! f Everyday is d big house af'air for us Because each day is another new opportunity to perfect our service to vou Service bv which vou remember us Savoury specialities for the choicest pick And that truly relaxed63 words
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BANKING AND FINANCE
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Article325 1979-06-20 9 AFP THE THREE-MONTH-OLD Europeaa Monetary System (EMS) is working well despite tension affecting the Belgian aad Daalsh currencies caused by the recent rise of the dollar, Flnaace Ministers of the European Economic Community agreed at talks In Luxembourg. The talks were the first on theAFP - 325 words
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Article114 1979-06-20 9 THE THAI Finance Ministry said it has authorised the state-owned Krung Thai Bank to take over and manage Raja Finance Company. The decision was to prevent the firm from going bankrupt and was taken to protect the overall economic and finance climate of Thailand. the114 words
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184 1979-06-20 9 AP THE INTERNATIONAL Development Association (IDA), a World Bank affiliate, announced on Monday the approval of a US$2B million credit to Bangladesh for power distribution systems. The credit will be used for the expansion of electric power distribution systems in the urban areasAP - 184 words
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Article144 1979-06-20 9 Reuter A SYNDICATE of Japanese banks and securities firms has agreed to underwrite 600 billion yen of 10-year national bonds next month under present terms of a 7.2 per cent coupon and 99.50 per cent issue price. Japan's Finance Ministry's Trust Fund Bureau is expected to underwrite 300Reuter - 144 words
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Article66 1979-06-20 9 Reuter THE non-interest charging Islamic Bank has been exempted from nationalisation by Iran's unofficial head of state, Ayatollah Khomeini. The voice of Islamic Republic Radio reported that this exemption differs from a public statement by one of the chief architects of the bank nationalisation, plan and budgetReuter - 66 words
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841 1979-06-20 9 NYT Reuter THE BUNDESBANK, the physical manifestation of West Germany's economic stability and powerful currency, may be in for a change at the top. By the end of this year, Chancellor Helmut Schmidt must appoint a president of the central bank, a position ofNYT; Reuter - 841 words
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176 1979-06-20 9 Reuter THE AMERICAN dollar will remain on a fluctuating plateau in the short term before firming later this year. Manufacturers Hanover Trust vice chairman Harry Taylor also believes there will be a slowdown in US economic activity this year, but recession couldReuter - 176 words
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Article46 1979-06-20 9 THE NEW Alexandra Village Branch of the Post Office Savings Bank is now open for business. Located at 6/8 Block 121, Bukit Merah Lane, the office hours are 8.30 am to 4.30pm from Monday to Friday and from 8.30 am to lpm on Saturday.46 words
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Article48 1979-06-20 9 IT WAS —Hwti ia Badmem Times yesterday that the Psst Office Savtap Bask kaadlei tke paymeats sf iasaraaee premiums sf the Great Eastera Life Assaraaee, Americas INteraattsaal Assaraaee aa4 NTUC laesme. Tfce service is aise available te psllcy hsMcrs sf tke lasaraaee Csrparattaa sf Slagapare.48 words
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Article531 1979-06-20 9 THERE WAS some wide rate movements in the deutschemark and sterling counters yesterday. Activities were more pronounced in afternoon trading, with the US dollar closing weaker against major currencies. Against the yen, the US dollar started off to a steady morning at 219.75/85. At Tokyo's close the dollar531 words
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Article21 1979-06-20 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article186 1979-06-20 9 Asian rates ASIAN currency deposit interbank rates as at close on June 19: 7 days 1 months 2 months 3 months 6 months 0 months 12 months US DolUra(SMC) OfTtr Bm lO'l 10'« 1011/16 100/16 1011/16 100/16 10 13/16 1011/16 10 ion 10". 10'. 10'. 10'* 1 month 3 months186 words
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Article48 1979-06-20 9 RANGE of prices offer* ■d by discount houses on June 19: Overniftit 41. Call deposits 4 Ckocimf Selliaf 3 month Treasury bills 4 3 month Bank bills 79/16 7 7/16 3 month CD 7 1 7 6 month CD 7 3/16 71/16 Source: National Discount Co Ltd.48 words
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Article57 1979-06-20 9 FRANKFURT exchanges opening quotes on June 19: US 1 WTO <77 (I.M JM) st« 3 958 m a m w) Can 1 4083 78 on-91 03 u S FT 110 56 70 Lit 2 227 232 FFY- 43.12 20 NKf- *50 54 B FY (con) 4.224 230 B FT57 words
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Article257 1979-06-20 9 SINGAPORE gold futures yesterday closed generally easier compared with the overnight close, dealers said. Trading was quiet and thin ahead of the IJS Treasury auction of 750,000 ounces and turnover fell to 124 lots from 155 on Monday. August closed lower at U*****.30/60 an ounce compared with $234.80/285.20 overnight,257 words
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Article263 1979-06-20 9 THE DOLLAR dollar and sterling yesterday opened easier in fairly active market conditions, dealers said. The softer tone of both currencies may have partly reflected reports that Saudi Arabia is poised to increase oil supplies after next week's Opec meeting. This meeting, and next week's Tokyo economic summit, continue263 words
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Article128 1979-06-20 9 THE US dollar yesterday remained virtually unchanged on morning rates in quiet trading, dealers said. Technical factors made for a slighly stronger sterling at US$2.lOOB/18 compared with the morning's 12.0980/90, but the US unit was unchanged from the morning's 1.8865/70 mark quote. The yen traded at 219.87/ 93 to128 words
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Article96 1979-06-20 9 THE US dollar for overnight delivery yesterday closed firmer at 219.95 yen, compared with a 219.60 opening and 219.25 at Monday's close. Trading was quiet with volume US$426 million. After intial steadiness, the dollar strengthened moderately in slow late trading as foreign banks bought back dollars, offsetting sales of96 words
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Article56 1979-06-20 9 QUOTES on the Australia and New Zealand exchanges on June 19: AUSTRALIA: US dollar ***** ***** Sterling 0 5316 0.5257 Ninety-day airmail buying rates: Sterling 0.5543 US dollar 1.1494 Ninety-day forward buying rates: Sterling 0 5353 US dollar 1.1152 NEW ZEALAND: Reserve Bank midrale USSI.O4M Trading Bank indK-atk jn56 words
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Page 9 Advertisements
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Advertisement1028 1979-06-20 9 CT77EMAKO Citibank, N.A. (Incorporated with Limited Liabity in the USA) In Thousands Consolidated Statement of Conditions Cash and Due from Banks Deposits at Interest with Bonks Investment Securities (Market value $3,895,200 ond $4,115,600 in 1978 and 1977, respectively) Trodmg Account Securities Loons, Net Commercial (Net of reserve for possible losses1,028 words
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DEALS DONE ON THE SES AND KLSE
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Article1408 1979-06-20 10 BID and offer prices officially listed and business In and reported to the Stock Exchange 8f Singapore yesterday with the number of shares traded shown In brackets In lots of 1.000 units unless otherwise specified All Time Settlement Contracts ire quoted after the word "sett". Big Board deal1,408 words
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Article91 1979-06-20 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. C«M Storage (June 52 00) (0.178 0.225). C A C (June $2.60) (0.258 0.305).91 words
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Article182 1979-06-20 10 4 1/2% 1 8 80 (250.000) (2) 99 53 (4) 99.50 4 3/4% 15/9/80 (250.000) (99 658 99 755) 5 3/4 1/6/78-80 (250.000) (100.758 100 85S) 5 3/4% 1/9/79-81 (250.000) (100 488 100.58S) 5 1/4% 1/3/81 (250.000) (100 108 100 20S) 5% 15/4/81 (250.000) (99 658 99 755)182 words
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Article158 1979-06-20 10 SINGAPORE t'NIT TRUST INCOME BOND 1'NIT (Maaagera' price* i far Jaa »> (Carnal pr Ira) The Commerce 2 07 2.20xd Income Bond 1.11 1.17 The Saving Fund 133 1.41 S'pore Prog Fund 096 1.01 S pore Sec Fund 1.78 189 S'pore Invest Fund 1.19 1.26xd S'pore Equity Fund158 words
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Article2584 1979-06-20 10 Gr's Gr's Net 1979 Last Div Div Y'ld P E Vol Day High Low Company Sale OI- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 237 7 15.0 2.2 6.3 12.1 4 240 237 190* 123' Alcom 179 100 1.3 5.5 23.8 142 1102,584 words
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Article1990 1979-06-20 10 BID and offer prices 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. INDISTRIALS Arm* (2.208) xd Xjlnamata (2.858) (2) 2 88 Aleam (1 80B)1,990 words
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Article, Illustration761 1979-06-20 10 SENTIMENT continued to rule weak under spasmodic bouts of selling on the St4M>k Exchange of Singapore yesterday. The market was still showing signs of nervousness in the face of adverse news. Singapore-based companies generally moved lower on hints of a sharp increase in the761 words
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Article462 1979-06-20 10 SHARE prices were again traded lower on all fronts on the Kuala Lumpur stock market yesterday. However, losses this time were smaller, thanks to some buying support at the lower levels. Observers attributed this support to covering interest and bargain hunting. Prices, although easier, thus generally462 words
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COMPANY NEWS
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446 1979-06-20 11 BUKIT Sembawang Estates last year doubled its profit, which was due mainly to the hefty compensation awards received by the company. The company has reported a sharp rise in its pre-tax profit from $4.70 million to $9.79 million for the year ended March 31, 1979.446 words
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621 1979-06-20 11 AS EXPECTED. Kuala Kampar Tin Fields. Kraat Tin Dredging and Kampong Lanut Tin Dredging, three smaller companies of the Malaysian Mining Corporation (MMC) reported sharply lower profits for the year ended March 31. At Kuala Kampar, pretax profit fell 47 per cent to M621 words
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Article851 1979-06-20 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Aetna 15%<b) Jun 5 Jun 12 Jun 20 15% 12% Island Pen 10%<n) May 22 June 1 June 20 19% 17% Sin Chew 12%(b) May 31 Jun 7 Jun 20 12% 6%851 words
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Article129 1979-06-20 11 Company Particular* Ex Date Books Cloae Mai Flour Oriental Hldgs Spore Glass Yeo Hiap Seng Bonus Issue of 1 (or 2 Bonus Issue of 8 for 5 Bonus Issue of 1 for 5 Bonus Issue of 1 for 3 Rights Issue of 1 for 3 $2.25 per share129 words
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Article, Illustration696 1979-06-20 11 HELPED by buoyant sales, the Metal Box twins Metal Box Bhd (MBB) and Metal Box Singapore (MBS) romped home with the best ever recorded profits for the year ended March 31, 1979. Shareholders are to be rewarded with higher final dividends696 words
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589 1979-06-20 11 UNIVERSAL Cable (M) will obtain a base in Singapore with the acquisition of Si ngapore-incorporated cable manufacturer Sigta Company Private Limited through an exchange of shares. Universal has already agreed to purchase 1.84 million shares of $1 each in Sigta comprising 54.38 per589 words
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449 1979-06-20 11 UNIVERSAL Cable (M) a major local wire and cable manufacturer which was listed on the KLSE last August, stands poised to achieve significant profit growth this year. Chairman Mr Chiao Ting Piao bases the company's optimistic outlook on its satisfactory performance in the current449 words
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Article154 1979-06-20 11 SENTOSA Plywood has taken 41 per cent stake in Jomalina Sdn Bhd, a palm all processing and refining company. Announcing this, Sentosa Plywood said the acquisition was made through a recently incorporated wholly-owned subsidiary, TCNP Trading Sdn Bhd. However, no price was mentioned. Sentosa has also given154 words
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670 1979-06-20 11 9STCX3CL*. HOCK LOCK SIEW WE are all in favour of more local companies coming to the stock market for funds to expand their operations, and in the process give local investors a chance to participate in their growth. After ail, that is one ofHOCK LOCK SIEW - 670 words
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Article80 1979-06-20 11 posted an unaudited net loss of 5539.229 for 1978 compared with a 550.964 profit previously. The parent company's net loss stood at $135,969 against a profit of 595.225 last year. Singapore Paper said increased cost, closure of the paper mill and cessation of paint manufacture in Singapore80 words
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Article48 1979-06-20 11 said it will suspend Bukit Sembawang Estates from August 27 until further notice ahead of the closure of the company's share register to determine entitlement to its capital repayment and bonus issue. The register will be closed from Sept 10 to 27, it said.48 words
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Article42 1979-06-20 11 an- nounced that it has acquired all the remaining 138.000 ordinary shares of $1 each in Singapore Finance for cash at 53.60 per share compulsorily. pursuant to its rights under Section 180 (1) of the Companies Act. Cap 185.42 words
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86 1979-06-20 11 in- formed the KLSE and the Registrar of Companies that the annual accounts for the year ended Dec 31. 1978 will be delayed and the company's AGM cannot be held before Jun 30. The company has asked for one and a half months' extension under86 words
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Article52 1979-06-20 11 A dividend of 3.5 per cent on the 100.000 7 per cent Cumulative Preference shares for the half year ending July 31 will be paid on July 31 to all preference shareholders registered in the books of the company as at the close of business on52 words
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37 1979-06-20 11 informed the KLSE of the appointment of Gen Tan Sri Ungku Nazaruddin bin Ungku Mohammed as chairman. effective May 15. in place of Encik HF G Leembruggen who has resigned.37 words
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Article38 1979-06-20 11 announced that Encik Mohamed Mazlan bin Idris and Mr. Roger Tan Kim Hock, who were due to retire at the AGM, did not seek reelection. and have ceased to be directors with effect from June 11.38 words
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Article25 1979-06-20 11 AGM to be held at sth Floor, Bangkok Bank Building, Jalan Bandar. Kuala Lumpur at 12 noon on June 20.25 words
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Page 11 Advertisements
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Advertisement141 1979-06-20 11 a sa m i m m ■VM m m u W H 72 <"%5S£ ''*'//t'tm/m/ '""fi'iiwrrw*w "ill ,y/A ////A/;;;."" in, ''in Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15. you can sell anything in Leisure Times a141 words
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Article, Illustration395 1979-06-20 12 JOHN LIM - By JOHN LIM NYT SINGAPORE'S exports to Indonesia last year declined 15 per cent against that of the previous year. This is the second consecutive decline since 1977. Exports to Indonesia had grew steadily in the period 1970 to 1976. The Singapore International ChamberNYT; (Source: Indonesian Govt. Statistics) - 395 words
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143 1979-06-20 12 SINGAPORE ranked as the ninth largest foreign investor in Indonesia at January this year, with a cumulative stake of $284 million in the country. This represented 1.8 per cent of the total cumulative approved foreign investments ($15.6 billion) from June 1967 to January this143 words
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257 1979-06-20 12 THE Federation of Asean Shippers' Councils (FASC) will urge Asean governments to introduce legislation to discourage outbound shipping conferences from making unilateral freight rate increases. The suggested legislation would require the conferences to supply meaningful data to national shippers' councils and257 words
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Article38 1979-06-20 12 PRESIDENT Carter plans to announce today that the nation will aim at obtaining 20 per cent of its energy needs from solar power and other renewable sources by the year 2000, government and private experts said.38 words
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Article801 1979-06-20 12 LONDON, Tues. Share prices closed quietly firmer today ahead of the UK trade figures, dealers said. At 3 p.m. the Financial Times index was up 4.8 at 487.7. Government bonds rose by up to 1 2-point in longer-dated loans. Industrial leaders gained between a penny and 5p although801 words
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510 1979-06-20 12 MARGARET THOMAS - By MARGARET THOMAS SINGAPORE businessmen should explore the AsiaPacific region and make more use of trading companies in export promotion in the eighties. Or Ahmad Mattar, acting Minister for Social Affairs and minister-in-charge of the Vocational and Industrial Training Board, made this call at510 words
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Article204 1979-06-20 12 THE Siow Darby group yesterday announced that its wholly owned subsidiary, Simr Darby Malaysia Bbd, bad taken op 3,8##,687 shares of the four million new shares issued by l/nlted Malayan Insurance under the tatter's reconstruction scheme. With Its one million shares acquired earlier, Sime now has a204 words
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Article, Illustration43 1979-06-20 12 UPI Soviet President Leonid Brezhnev being assisted up the stairs of his plane at the Vienna's Schweehat Airport on Monday. He was leaving for Moseow after signing the Salt II agreement with the US President Mr Carter. UPIUPI - 43 words
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Article291 1979-06-20 12 Washington Star THE Carter Administration killed a World Bank proposal to provide seed money for oil exploration in less developed countries because of its potential impact on multinational petroleum companies, according to a congressional study. The General Accounting Office (GAO) questioned the Administration's decision to discourage aWashington Star - 291 words
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Page 12 Advertisements
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Advertisement38 1979-06-20 12 This announcement appears as a matter of record only NEW ISSUE JUNE 1979 THE FUJI BANK, LIMITED (Singapore Branch) U5515,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Due Bth June 1982 Managed By DBS-DAIWA SKCURITIHS INTKRNATIONAL I.IMITKD38 words
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Advertisement87 1979-06-20 12 Leader Page f Just pick up the phone and Emery picks up the responsibility. v%» When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as you87 words
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Page 12 Miscellaneous
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Miscellaneous63 1979-06-20 12 I Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers in late morning. Report for 24 hoars prior to 7.30 p.m. on Jane 19 at the airport. Maximum temperature 29.1 Associated humidity 71 Minimum temperature 23.4 Associated humidity 98 Hours of sunshine 0.20 Rainfall in millimetres Trace63 words
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SHIPPING TIMES
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PORTSIDES
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Article94 1979-06-20 13 Reuter THE Karmahom conference said it reduced congestion surcharges at Bombay and Madras ports following sustained improvement in port performance. The surcharge at Bombay for west-bound cargo was cut to 30 per cent from 45 per cent and for east-bound cargo to 35 per cent from 45 perReuter - 94 words
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Article115 1979-06-20 13 UPI TWO 600-foot oil tankers collided off the foggy Massachusetts coast on Monday and the captain of one of the vessels said his ship was sinking fast. A coast guard spokesman said the captain of the Regal Sword reported he was "taking on water really bad" and hadUPI - 115 words
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Article47 1979-06-20 13 Reuter A TOTAL of 9,436 ocean-going vessels arrived in Hongkong last year, handling 25.7 million tonnes of cargo, the Marine Department reported on Monday. It said containered cargo represented 43.6 per cent of the cargo, compared with 48.9 per cent for the previous year. ReuterReuter - 47 words
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Article622 1979-06-20 13 SALES CAUSE CONCERN BRITISH shipping seems to have largely come through the worst of the depression though the unforeseen Iranian revolution administered a nasty slap in the face for those beginning to rely too heavily on the Middle East liner trades or who were cheerfully considering622 words
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Article168 1979-06-20 13 AP ATLANTIC talker traders maintained a sufficiently Strang tone to afford shipowners fully steady rates on the London freight market on Monday. Combined carriers once again picked up some attractive ore and grain business, while further reports of Soviet talker bookings were detailed. Steadiness could be seenAP - 168 words
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402 1979-06-20 13 MR J. Paul Sticht, chairman and chief executive officer of R.J. Reynolds Industries Inc. has announced a realignment within its transportation subsidiary. Sea-Land Industries Inc. "This realignment," Mr Sitcht said, "is intended to pave the way for new service offerings that will help our transportation subsidiary402 words
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Article118 1979-06-20 13 THE Kuwaiti government has decided to take over the private sector's share of the Kuwait Oil Tanker Company with immediate effect, Minister of State for Cabinet Affairs Abdel-Aziz Hussein said. The takeover is to strengthen the country's oil industry and achieve the integration of its various sectors. The118 words
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1940 1979-06-20 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination. *he name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Fort of1,940 words
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Article524 1979-06-20 17 SfcipttogLiM CM ACS n 5 Afea IV 3 Alfred V 1 Alpac IV 5 ASCL m 5 Aust Cont IV 5 Avin Liners V 3 Bank n 5 BBS n 2 Ben Asia in 3 Ben EAC hi 2 Ben in 3 Ben Ocean ni 1 Blue Funnel m524 words
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Article960 1979-06-20 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 the960 words
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Article, Illustration1844 1979-06-20 18 Nautical Review IT WOULD be a brave or foolhardy person who hazarded a guess as to the eventual costs of the Amoco Cadiz disaster because, like that earlier ghost of nearly 12 years ago, Torrey Canyon, this pollution controversy is going toNautical Review - 1,844 words
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Article, Illustration433 1979-06-20 18 AFP THE DAYS of the tall ships, the schooners and clippers ended with steam and dlesel power hot rapidly rising oil prices conld mean a return to sail. With the price of energy causing increased concern to the industrialised world, aboutAFP - 433 words
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Article, Illustration448 1979-06-20 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (0600 after Keiyo Maru) 45 Etha Rickmers (after Tang Yin sails Group 0 Board) 33 34 Golden Sea 707 (Tanker) (after Dove Subject Gas Free P/O) 15 Jintsu Maru RO/RO) (1330 tide) 25/26 Kota Panjang (after Kota Megah) 10/11 Ocean Progress448 words
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Page 13 Advertisements
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Advertisement487 1979-06-20 13 f:\vrctt Lines KM TNI MOST PtIQUIMT SAILINGS TO tANOKOK MOHCKOWC •JAPAN PUSAN. Evarrtt StMirwhlp Corpn. S/A CM9o** V*9BpO«» 1 9}4«l 9 36 BMC* S)'M( #"> 30 »0I OC «C frdg T* ***** 3 Port Knong sOCSmip CO Bmo Tl 3t772T a IA RDINF AN I AH Orient Overseas Ca*Uci*teA Line487 words
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Advertisement134 1979-06-20 13 UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON Hi. Derrick 288 TEU Capacity. Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE! Vessel L# 1111# f§ RED SEA DIRECT SERVICE Vessel S pore Loading for leddah (5/7). Hodeidah (12/7), Aqaba <20'7) leddah (21/7). Hodeidah <28 7) Aqaba (5/8) leddah.134 words
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Advertisement226 1979-06-20 13 NOL I NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES. FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (WA SUEZ): Havre Rlam F stow 10 My UMy 15 tut) 16 My 17 My 27 My 73 My 7S My 3C My 1 *uj 3 Aug 4 A*| 5 Aug 7 Aug 8 Aug226 words
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Advertisement826 1979-06-20 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE DIRECT TO LAGOS-APAPA See Page IV Column 3 for Sailings Ag^nfv SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****7 GENERAL *****1 l/V Vsa EURO ASIA LINE SDN BHD K L *****?* P KL ANG *****1/3 PENENG 64 781/2 WetiGuM t Atlantic East Canada and826 words
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Page 14 Advertisements
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Advertisement516 1979-06-20 14 Spat 19/6 20/6 tout* Mm Surai/ 24/5 86 Agents SEGANI United States Lines WEEKLY CONTAINER SERVICE OAKLJUf), LONGBEACH, PANAMA. SAVANNAH. NEW YORK. BALTIMORE. NORFOLK. HOUSTON, KW ORLEANS. BARBADOS, TRNDAD, BOSTON. CHARLESTON. BERMUDA, HONOLULU. GUAM. COSTA RICA. MEXICO CITY. PORT HARCOURT ALSO TO HONGKONG, MANILA, JAPAN, BUSAN AN) TAIWAN VS. SPORE516 words
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Advertisement374 1979-06-20 14 •a* n S* S«p 4 J«p 29/30 at BARKR LINES FCL 2t/8; LCL 27/8. S* 4 ta| s*i» k« S#2l r. "THERMOPYLAE" QOOOWN 47. CkMing *21 29-30 *-2/ 14/ 44/ 20-21/4 24-25/4 24-27/4 w IML&Mk 'BAN PQHTS I ouvv-un cv»crrr 200 to*) Tr DUBAI. DMMML RUN AIT, ABU DHABL BAHRAM.374 words
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Advertisement538 1979-06-20 14 EVERGREEN LINE FAR [AST FUROPf FXPRtSS FIJI I CONTAINFR SFRVICF ACCEPTWG CARGO FOR: HAMBURG. FtLKSTOWE. ROTTEROAK, ANTWfRP L£ HAVRE ALSO ACCEPTVIG CARGO FOR; UWTTED mWGOOM SOUTHAMPTON IONOOH. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S-pra Hm*w| fatiitm Mtar4m Mm>» La H»«r« (mi WU 1M 22 M538 words
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Advertisement892 1979-06-20 14 Everett Lines Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOAOMG FOR RANGOON MTU 24/* km j BFS S C Aa«nt» m Moloyvo TEPS MALAYSIA Port Keking T«M3B>-7355 Peoong T*t *****/***** Compania Argtntina Da NnvmKMN lrrt»rcorrtin#ntil S A. C.I. F. "ARGENTINE NATIONAL LINE" LOMXNG FOR DURBAN, CAPETOWN, BUENOS ARES SMfiport892 words
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Advertisement718 1979-06-20 14 T mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSF SHENTON WAV MISTRI ROAD SINGAPORE 2 TEI *****44 7 *****70 IO SANKYO LINE KVOSQ MARU.. TWO STAR... MATSKY AUSTRALIA SERVICE P. Keiang Singapore Loadng for: Saied 23/24 Jim SYO. MEL. ADEL 22/24 June M PORT BfttS.718 words
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Page 15 Advertisements
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Advertisement587 1979-06-20 15 Overseas B B B I Containers Limited Weekly service to/from UK/Europe To UK/Continent From UK/Continent H'burg Brein EH Mm UM UM fey bM SM MqUm SJM Mr Hmgkani Express 25 km 27 J »-*m In 31 ha II sm U Cjr*a» by 1(M 111 S 90ft Hurt Nrti: It tm587 words
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Advertisement1015 1979-06-20 15 GRANARD LINE RELIABLE i DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN S'pet P Kaianf Penang M.V. MAN MNG V.27W.. 22 tot M V MM FUNG 2IW 14 M 17 M M* KNOW FUNG 129*. 30 W Jeddah P Sad/Aleiandria Beirut/limassol/Lattalua Pireaus Bengtiaji Tripoli Jeddak/P Sax) Aleiandria Beirut LattaAia Pireaus Tripoli1,015 words
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Advertisement826 1979-06-20 15 \lK* BENLINE CONTAINERS TOMWft Sport P Cirdtw by 26/6 Tokn Eipress 29/6 Elbe Maru Osaka Bay 1/7 Lmerpool Bay 11/7 Benalder IS/7 Hamburg Eipress 25/7 Benaron 4/8 Tokyo Bay 12/S Cardan Bay 21 /t FROM EUtOPfc H BURG B HAVEN W Germany/Austria C Efce Mam SaM SaM LmtfMlßay SaM SaM826 words
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Advertisement702 1979-06-20 15 Scan Dutch 9 WEEKLY EXPRE M touPar maab (capital c*i» M P Mb* EASTBOUND FROM MEP/UK/NC/SCANPINAVIA 1) C kuri 2) H'bur| 3) I .en I) »tm 5) l(H t) "seiies ITTcun BtMGA fIWI S*M Sailed SaMd Saded Sato) Saded 23/t kd «irr smm Sjm s<m s«m m smo s St702 words
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Advertisement698 1979-06-20 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. I S. AFRICA fUCKOMN Reunion Durban Ctowi. PE EX*) S'port 17/21 Aug P Ketang 22/24 Aug FRO* EAST t SOUTH AFRICA FOR BANGKOK MANILA AKS®. ..Ptnang P Ktlang S port Auf U.S. GULF COAST SERVICE (New Orleans, Moble, Houston, Galveston) Smgapore698 words
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Page 16 Advertisements
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Advertisement955 1979-06-20 16 *J>"K"LINE KAWASAKI KISEN KAISHA. LTD. fcUROPt EXPRESS SERVICE TO EUROPE Spore P Kelang I Havre Rdam Hburg Bremen A'urerp N PEARL 15W 22 Jun 24 Jun 10 •'*<'» 13 Jul* 14 My 16 July C ftOft 14W 28 Jun 29 tun '5 Ml 16 My 20 My 21 My 23955 words
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Advertisement811 1979-06-20 16 U.S.A./EAST CANADA SERVICE Pm»« IMawari P leiang Singapore E.C./6REAT LAKES SERVICE LOAOMG FOR: KM TORK. NOVOU. MONTBEAL. TOMNTO Penang Belaaan P Mtang Singapore WW* lET (Ub CMcac*) 15/14 Adr 11/1* Mr 10/12 Adr -ama- 19/10 >m ivi« <N 10/12 a* CALIFORNIA/PACIFIC NORTH NEST SERVICE Ludtag tar LOS AMZLES SAM nUNCBCO.811 words
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Advertisement600 1979-06-20 16 (.roup SINGAPORE SHIPPING AGENCIES PTE. LTD 20 T M FLOOR OCEAN BUHONG SINGAPORE 1 MARKETING *****2 i 3 LINES) GENERAL 91 3111 {14 LINE Si TELE* RS 2459S RS 2SS6B A B C ARSM IP •CAS L E CARGOSMIP sisgapore islands l ist: MIPDI t t.AST RHiL'LAR USER A SAFE600 words
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Advertisement823 1979-06-20 16 wis S MALAYSIAN IHTfRSATIOHAL SHIPPING CORPORATION BtPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUND: Also Accept** For 1) Barcelona Genoa. 2) Amsterdam Antwerp I Ha»re Mbao Basle UK 3) Bremen. Bremenhaven Aarhus Copenhagen HehinAi 4) Malmo Stockholm Oslo •Accepting Eur op* cargo tor Infer tit Spore EAST BOUND too823 words
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Advertisement836 1979-06-20 16 t INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 '*****57 REGULAR INDEPENDENT SEMI/FULL :l CONTAINER SERVICE TO EUROPE S'pare P. Kelang Penang Loadaig far: i. ALEXANDRA N. *639 ta Pert Saied AvoMUK)/A werp/ Tilbury Boulogne ELBE W843 (Contr Ship) 22 km Rotterdam Hamburg (UK)/Tilbury RATNAMANORAMA N842836 words
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Page 17 Advertisements
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Advertisement251 1979-06-20 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LMER SERVICE TO EGYPT (PORT SAO ALEXANDRIA) STORE PT KEL PCNANG PT SAD ALEXANDRIA m««S UMw 2S My 12 My 17 ME U My IS hut 10 Aut 15 MMTtMS CMGO PUJtS CONTACT SO€WEX SatgVOK TEL *****11 GENERAL AGENTS: SUB-AGENTS: L.N.251 words
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Advertisement316 1979-06-20 17 /*r\ CEYLON Csq SHIPPING CORPORATION National Line ot Sri Lanka LOADING FOR COLOMBO LANKA SAGARKA NEPTIK AGATE SMGAPORE to Port 1/7 PT KLANG PENANG COLOMBO 25/S 7/7 A6MTC SPO#E RCPTUIK ACtHCIES (PTE) LTD *****11 PT lUHC NAltPtt DM* SON MB *****7 PCNAK HAtPU N1«« SM SHO (4)22 BACHLONG V.96W EASTERN316 words
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Advertisement362 1979-06-20 17 LIAN SOCN SHIPPING TRADING CO (PTE) LTD iio: 'lOO« Z" aOAD v»u*»0«! m r?ooin ib cash «c iii m wwft H* SIMM! MIME IM-7J 214-71 MMTA M« "QCRRY 20-t-TJ n+ n UVVU UUNG mkmng Mil MUfll MB MV SWt HOW MPWT 2M-7» HMrWsMr tW* MHM 2347J 7M 7» KUCMNC SMJ362 words
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Advertisement250 1979-06-20 17 CHNA OCEAN SHIPPING COMRWY f UIMK reNMC 10MNNG F« 25/27 kaw latter dan Hante| 25/21 kaw londanlntacip Antwerp/Hotter darn Mttcrtai/lta*w| MMn H»ntaa| landau Antwerp MEDITERRANEAN SEA SERVICf 24 2t kaw Indn'lbtHln'CM cantjwm Oe«p tart availMe tor iqud carfo AGENTS Chung Chtoo Shipping Sdn Bhd Port Kelong Tel *****6, *****8 Penong250 words
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Advertisement430 1979-06-20 17 NOTICES M.V. TA YU VOY 9/79 arrived 13.6.79 at PSA Godown 22 General survey on damaged cargo discharged ex the above vessel will be held on Friday 22nd June 1979 as from 9.00 a m to 3.00 p.m. No further survey will be held after this date. STRONGWILL ENTERPRISE (PTE)430 words
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