The Business Times, 21 September 1979
1979-09-21
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The Business Times
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Title Section11 1979-09-21 1 BUSINESS TIMES M.C.(P) Ne. IM/I/7J FRIDAY, SEPTEMBER Zl, IfTf 50 CENTS11 words
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BRIEFLY...
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Article96 1979-09-21 1 Reuter MOSCOW, Thurs. Malaysian Prime Minister Datuk Hussein Onn arrived in Moscow today for two days of talks with Soviet leaders expected to underline South-east Asian concern over communist activity in the region. Datuk Onn, who is on a European tour, was greeted by Soviet PrimeReuter - 96 words
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Article60 1979-09-21 1 Reuter JAKARTA Thurs. Indonesia plans to lift its use of non-oil energy sources to 22.3 per cent, Mines and Energy Minister Subroto said today. A "two-pronged attack" on Indonesia's energy crisis would include greater exploitation of the country's own oil resources and development of other energy sources includingReuter - 60 words
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Article79 1979-09-21 1 Reuter WASHINGTON, Thurs. US Treasury Secretary William Miller said he expects real gross national product for the third quarter to be essentially unchanged. He said that normally would indicate a strengthening of the economy from a second quarter decline at an annual rate of 2.3 per cent, butReuter - 79 words
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Article79 1979-09-21 1 AFP LONDON, Thurs. An early adjustment in parities within the European Monetary System (EMS), now some six months old, is "increasingly probable", London money analysts Maxwell Stamp Associates said today. The adjustment would no doubt take the form of an uprating of the West German mark andAFP - 79 words
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Article36 1979-09-21 1 Reuter MANILA, Thurs. The World Bank has recommended that all imports of raw and semi-process-ed material components of Philippine exports be duty-free to speed up development of export industries, sources said here today. Reuter.Reuter - 36 words
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Article45 1979-09-21 1 AP MOSCOW, Thurs. The Soviet Union announced today that its industrial output grew by 3.6 per cent in the first eight months of this year. But the figure indicated that the country will fail to meet its industrial growth target for 1979. APAP - 45 words
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Article62 1979-09-21 1 UPI NEW YORK, Thurs. The stock market headed lower early "niursday in fairly active trading. The Dow Jones industrial average, which gained 2.30 points Wednesday, was off 2.64 points to 876.10. First-hour NYSE volume amounted to about 9,000,000 shares, compared with 9,080,000 traded during the same period Wednesday.UPI - 62 words
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Article138 1979-09-21 1 Rises M V I 316 47 Batu Liitug 304 21 Tronoh Mine* 945 20 Nat Iron 585 20 C Sugars 306 14 Public Bank 263 14 J Cement 190 11 CCM 505 10 Spore Bua Ctenealy 280 242 10 10 U 1 c 342 8 Sel Properties138 words
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Article, Illustration159 1979-09-21 1 Rises Temerloh 474 +30 Clenealy 258 25 B. Lintang 308 23 C. Sugars 310 16 Tronota 960 15 Kramat 500 14 C and C Bintang 328 12 P. Bank 263 11 C and C 312 10 Falls A. Hi tarn tin 1440 -10 Kamunting 312 -06 Pengkalen 570159 words
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Article671 1979-09-21 1 RAHIM KASSIM - CAPITAL RESTRUCTURING By RAHIM KASSIM SINGAPORE Shipbuilding and Engineering (SSE), plagued by major losses arising from a contract which it won triumphantly against international competition, has been forced to recommend restructuring of its share capital to save its operations. The yard has been in financial671 words
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Article323 1979-09-21 1 TEMERLOH Rubber Estates' group pre-tax profit for the year ended April 30 this year rose by 23 per cent to $2.37 million and its directors have proposed a one-for-one bonus issue following a revaluation of the group's two estates Temerloh Estate and Benta Estate. The upturn323 words
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Article400 1979-09-21 1 HARRISONS Malaysian Estates (HME), which is owned 80 per cent by Harrisons and Crosfield, has turned in a 21 per cent increase in pre-tax profit to £30.47 million for the year ended March 31 this year. The bulk of the profit came from its estate operations400 words
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Article358 1979-09-21 1 AFP REPORTS of Singapore's intention to manage the construction of infrastructure on the Indonesian island of Batam, south of Singapore, have aroused unfavourable reactions in Jakarta. Such an intention, if true, would involve the sovereignty of the island's owner, Information Minister Lieutenant General All Murtopo said on Wednesday.AFP - 358 words
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Article70 1979-09-21 1 CEREBOS Singapore, a joint-venture between a British multinational food corporation and the Singapore Government holding company, Temasek Holdings, has gone into a food venture in Indonesia. Sources said the Indonesian venture is called PT Cerval Foods. Oerebos' general manager, Mr Mike Seddon, would only confirm the existence of70 words
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272 1979-09-21 1 THE GOLD market yesterday gained again In treat aggressive fcaylag Is at a reeard Ugh at $04SMansanee. Dealers raid demand came mainly Cram the US. The prtee firmed In an active late after—— tram the i—d $3M alter—fix with trading still272 words
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446 1979-09-21 1 TEO TECK WENG - By TEO TECK WENG THE pace of building activity in Singapore in the next few years is likely to speed up considerably, ■judging by the latest figures released by the Ministry of National Development. In the second quarter of this year, the value of projects446 words
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Page 1 Advertisements
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Advertisement24 1979-09-21 1 SAFE WITH AN ITOKI SAFE ■USMUS IMCMKS SYSTEM (S) TO ITO t) nsd'um Woe* CoMffwii *t»w» Aoto S.~j«xy« M r« 2HIIM CAM BUSMESTEMS S«<4«o>«24 words
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Advertisement392 1979-09-21 1 How to double your net worth ALL FORECAST readers are prmded w«h ful detate of a most successful investment program The key to the success or the program is that < deals,seraWy and caulousty. with a term at nwstnent whch has produced such a hqh rale of growth Out. even392 words
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Advertisement25 1979-09-21 1 EMDS SHIPPING TIMES as X w JOYB g«M la Pretoria I GOLD MEMOP AD t, FUGHIB I, TV AND BAMO C, r.nr l .«c„i.'..rrt n-.-.i25 words
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Advertisement40 1979-09-21 1 `+|;=[^"`=('[.~[=!@[)<{.)"{>]~" when you ask a lot more from life,ask for the best... Old Grand-Dad. (T//r Ijead of bourbon family m. i-* m f. 5# i*.. V?\ St 9®?; 1 M ■S* (V^H) -M&g*£b y. K S®fc3 .>• P5 Li fr3fc£ fstfia i-40 words
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TRADE AND INDUSTRY
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Article464 1979-09-21 2 COURSES AND TALKS Sep 17-Oct 29: How to be literate in Chinese, Nissen Hut 58, University of Singapore Department of Extramural Studies Sep 17-Oct 29: English Pronunciation, New Lecture Theatre 5, University of Singapore Extramural Studies Department Sep 18-Dec 4: Financial Management Part n (12 lectures), Bukit Timah464 words
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402 1979-09-21 2 LEE YOKE MENG - By LEE YOKE MENG THE Singapore Manufacturers Association's (SMA) first trade mission to South America has returned with contracts worth only U*****,000 (ISO,000) though it is meanwhile continuing negotiations on more deals. Mr S W Goh, leader of the delegation, said SMA members have402 words
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Article, Illustration80 1979-09-21 2 MR T*ay ¥*m, 39, has joined the Sime Darby group as divisional personnel director of the trading and manufacturing (Hongkong) division based in Hongkong. Mr Yoon, a Malaysian, has spent the past 15 years working for a major plantation group in Malaysia. During this time he has80 words
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Article297 1979-09-21 2 A LOCAL trading company may import from Kochs Adler of West Germany a new range of garment machinery. Certact, formerly known as Atkins, Kroll and Co, said the new machines will be presented at a garment machinery exhibition in Cologne, West Germany, next week. Among297 words
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Article36 1979-09-21 2 MR YAJERO KARI, the president of The Daimaru Inc, Japan's second largest retail store, will arrive in Singapore on Oct 3 on a short visit. Singapore Daimaru, will have its premises along River Valley Road.36 words
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Article249 1979-09-21 2 A ONE-DAY conference on successful investing in commodities will be organised for new investors and experienced traders on Nov 24. The conference, organised by the Institute of International Research and Business Times, is aimed at familiarising delegates in the best opportunities in commodity investment. Experienced commodity traders249 words
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186 1979-09-21 2 NOMINATIONS are invited for two awards for contributions to the advertising industry la Singapore. The awards are the Max Lewis Gold Medal and the SAA Silver Medal of Merit. The recipient of the Max Lewis Gold Medal will be known as the Advertising186 words
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Article118 1979-09-21 2 A CHILEAN trade mission comprising representatives of various trade and government bodies will be visiting Singapore from Sep 30 to Oct 3. The mission, coordinated by the counsellor of the Chilean embassy in Indonesia, Mr Eduardo Rodrigues, is aimed at promoting trade and investment. The mission118 words
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Article, Illustration586 1979-09-21 2 LIQUID petroleum gas (LPG), previously a minor transport fuel in Australia because of petrol's low pice and easy availability, is now becoming a more attractive option. The situation has changed with a new Australian government policy that makes Australian refineries pay the same price for local586 words
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504 1979-09-21 2 AMERICAN suppliers of graphic and packaging equipment are expected to take a bigger share of the Asean market next year. After Singapore, Malaysia is their second important market for graphic equipment. The Philippines, which already forms the largest segment of the Asean packaging504 words
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154 1979-09-21 2 MORE than 40 communications experts from 13 countries will be addressing a conference at the Hyatt Hotel from Dec 5-8. Held in conjunction with the first Asian International Electronic Communication show (Communicasia "79), the conference will cover such topics as data communication, defence and network technology,154 words
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Article68 1979-09-21 2 A COURSE in statistical design (or quality control and quality improvement will be conducted by the Singapore Institute of Standards and Industrial Research (Sisir) from Nov 12 to Dec 17. There will be 16 sessions conducted by Sisir staff every Monday, Wednesday and Friday of the68 words
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Page 2 Advertisements
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Advertisement187 1979-09-21 2 The new Kodak Ektagraphic slide projector automatically selects the right voltage* for any use anywhere in the world. It's ideal for use by international conventions and conference organisers, exhibitors, promotions or academic establishments. At home or overseas. The Kodak Ektagraphic slide projector (B-2AR) automatically sets itself for *110 or 240187 words
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Advertisement0 1979-09-21 2 \^+/)|@+}_;==^]%_|-]*
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REGIONAL
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239 1979-09-21 3 UPI JAPAN will send an official mission to China on Oct 1 to negotiate a multi-million dollar Japanese loan Beijing wants for modernisation, Foreign Ministry sources said yesterday. The mission of top officials from the ministries of foreign, finance, international trade, industry, transportUPI - 239 words
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165 1979-09-21 3 AFP A NEW Russian move to set up a fishing base in the South Pacific for its deepsea fleet has begun centred on the Cook Islands. Talks have ended between ihe two countries in Auckland, New Zealand, with no final agreement on Soviet accessAFP - 165 words
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Article104 1979-09-21 3 AFP THE JAPANESE state-run National Oil Corporation will establish a new company on Dec 20 to stockpile 4,768,000 tons (roughly 35 million barrels) or a week's supply of crude oil. The new firm will construct 51 oil tanks each with a capacity of 93,000 tons on aAFP - 104 words
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Article, Illustration48 1979-09-21 3 Indonesian workers rolling np a large flag which will decorate the Senayan Stadium daring the ltth South-east Asian Gaines starting in Jakarta today. The seven nations participating Jn the games are the Philippines, Thailand, Singapore, Burma, Brunei, Malaysia, and host Indonesia. AP photo. AP photoAP photo - 48 words
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Article125 1979-09-21 3 UPI ACTIVE Russian troop movements were reported near the Russian border with Afghanistan on Wednesday and Afghan rebels, vowing to set up an Islamic government in Kabul, have rejected an amnesty offer from the Marxist President. The developments point to mounting instability in the backwardUPI - 125 words
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363 1979-09-21 3 UPI CHINA and Vietnam accused each other at the 12th session of peace talks yesterday of preparing a new Sino-Vietnam war and of trying to dominate Laos and Kampuchea. Both sides called news conferences for later in the day to explain their positions. Vietnam, inUPI - 363 words
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245 1979-09-21 3 Reuter THOUSAND? of refugees from communist Laos are volunteering for resettlement in China in the hope Beijing will organise them into an army to drive Vietnamese troops from their homeland. They are doing so despite the fact that no one knows how manyReuter - 245 words
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Article51 1979-09-21 3 AP A CALL for a 24-hour general strike by the New Zealand Federation of Labour yesterday met with a mixed reception. Buses, trains and ferries were idle, but shops and offices functioned normally. In Auckland, the largest city, there were no signs of work in factories andAP - 51 words
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260 1979-09-21 3 AFP FORMER Indonesian Finance Minister Dr Jusuf Wibisono yesterday called on the government to revalue the rupiah upward in order to press down the current inflation. The basic cause for the inflation, now reaching around 2.4 per cent a month, was the rupiah devaluationAFP - 260 words
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THE REGION IN BRIEF
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Article440 1979-09-21 3 Agencies THAILAND has turned down a Laotian request to fly relief supplies from Bangkok to the Kampuchean capital of Phnom Penh, Thai sources said in Bangkok yesterday. The sources said the Laotian embassy in Bangkok had requested permission at the beginning of this month for a planAgencies - 440 words
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Page 3 Advertisements
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Advertisement196 1979-09-21 3 For palletized loads in DEXION is vour answer tn the high cnst of storage floor space A large storage space does not need a large floor area. With the high cost of floor space, there are k definite savings in storing upwards. With Dexion, you can build additional storage levels196 words
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RAW MATERIALS
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425 1979-09-21 4 AP CONSUMER nations on the executive board of the International Coffee Organisation (ICO) on Wednesday called on coffee growers to explain their aims behind the Bogota Fund price support operations. The Bogota Fund, so named after the Latin American coffee-growing nations who met inAP - 425 words
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Article260 1979-09-21 4 Reuter THE ASIAN and Pacific Coconut Community has just concluded a meeting in Colombo to discuss problems facing the industry and to plan a programme of work for the coming year. Sri Lanka's Minister for Plantation Industries, Mr M D H Jayawardene told the delegates fromReuter - 260 words
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Article243 1979-09-21 4 THE SINGAPORE market closed steady yesterday with October One RSS buyers quoted at 280.25 cents per ldlo, unchanged from Wedneolay's close, dealers said. Morning prices were marked down about half a cent on some upcountry selling and lack of buying interest, they said. Afternoon values gained some ground on243 words
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Article294 1979-09-21 4 R.A.8. 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. 279.25 280.25N 279.75 280.75N Int. 1 R.S.S. October 279.75 280.25 280.25 280.75 Int. 1 R.S.S. November 282.75 283.25 283.25 283.75 Int. 2 R.S.S. 273.00 274.00N 273.50294 words
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Article113 1979-09-21 4 NOON SSR And SMR c iric** yesterday: RA8 Octo ber Novel •bar (Carreat Mtk) (Parwart Mtk) Buv er« Salter* Buyer* SaUar* SSR 20 <1 too pallet) 263.00 26&.00N 263 00 265.00N SSR SO (l-too pallet) 260.00 262.00N 280 00 262 00N SMR CV (1-ton pallet) 307 JO113 words
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Article141 1979-09-21 4 FUTURES closed mixed in Chicago on Wednesday, losing as much as 1V« cents a bushel while gaining up to 1 Vt cents. Heavy liquidation in the expiring spot delivery month set the tone for afternoon losses in beans, traders said. Large losses came with a weaker cash basis for141 words
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Article63 1979-09-21 4 THE STRAITS tin price la Peaaag nae eaether M$C per fleal to Msl,m yesterday, dealer* nM. A higher Leadea everalghi r l—leg eeapled with sastalaed Japaaeee, US aad leeal keying iemeai aad ©•■tinned lew vetame ef tta •res dettvered were the mala reaeeae far the rise, they mid.63 words
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Article27 1979-09-21 4 Rubber Sept 20 Singapore: October: 280.25 cent* (unchanged) Malaysia: October 280.50 cents (unchanged) Tin: M 51,931 (up $6) Official offering: 175 tonnes (up 9 tonnes)27 words
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Article142 1979-09-21 4 THE SUGAR futures market yesterday continued the recent quiet trend with no trades registered, dealers said. Nearby October closed at 9.86/90 US cents against Wednesday's 9.74/76 close with distant September at 11.78/82 against 11.66/70 cents.' Sugar future* closing price*: Previa— CMq Ctaatag Oct 9.88/30 3.74/76 Jan 10.38/42 10J0/38142 words
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Article68 1979-09-21 4 FUTURES closed mostly lower in Chicago on Wednesday, losing as much as 3Vi cents a bushel while advancing up to 314 cents. Prices fluctuated throughout the session in local dominated trade, floor sources said. Traders noted some technical chart based support for wheat which made for periodic gains on68 words
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Article365 1979-09-21 4 ALL was quiet on the Singapore produce exchange yesterday. For want of firm overseas advices and proper price indications, dealers were inclined to hold off fresh commitments. •The slack in arrival in the last two days did make for a steadier trend in the pepper sector. Prior to365 words
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Article331 1979-09-21 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent tint class (Kangaroo) new crop O.K. 100 per cent second clan 0 83, 100 per cent third claa 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.62, Special331 words
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Article192 1979-09-21 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattsn yarn: China Blue Phoenix 20s 2,330; 32s 2,860. 40s 3,080 (per bale of 400 lhs). Flees (m4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article88 1979-09-21 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Sep 20 until further notice: Rabber: 279 cents a kg;' Cepra: M 51,056.15 a tonne; Palm kernel: 1965.75 a tonne; White pepper: $4,723.46 a tonne; Hack pepper: $3,204.75 a tonne; The rates of duty payable88 words
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Article764 1979-09-21 4 ALUMINIUM: Gained £3 for cash and £4 for threemonths. Market found covering against consumer demand and chart-buying during moderately active ring dealings up to £739 for three-months. Later scattered profit-taking produced business back to £736 at the morning close yesterday. Sales 3150 tonnes, m«t*iiy carries. COPPER: Wirebars ended764 words
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Article73 1979-09-21 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Wed Previous Malaysian 5* ffa bulk per tonne November 635 OOslr 647.50slr Sumatra 5H ffa bulk September 6S2 50slr 655.00slr October 647.50s lr/645pd 652.50sIr November 647.50slr 552JOslr December 647.50slr 652.50pd January unch 642.50pd Afloat 65073 words
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ASIAN STOCKS
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460 1979-09-21 4 TOKYO SHARES prices closed lower yesterday after late profit-taking pared early gains, dealers said. The Nikkei Dow-Jones average fell 16.90 points to close at 6,465.66, after briefly touching a record, 6,491,68; volume yesterday amounted to 240 million shares. The Tokyo Stock Exchange index closed at460 words
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Article276 1979-09-21 4 THE MARKET yesterday rose in steady turnover with funds returning to the stock exchange from the nervous gold market and the Hang Seng index closed 5.5 points higher at 612.34, dealers said. Among leaders, Hutchison Whampoa rose 25 cents to $5.50 ahead of today's interim results, expected to be276 words
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Article226 1979-09-21 4 SEP 20 Bahu Asia Credit Asia Fibre Ayuthaya In*. And Trust Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank CM Asia Bank Of Ayudhaya Ltd 216 164 138 230 338 10M 174 234 ♦4 1 1 -SO unch unch Bertl .Tucker226 words
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Article232 1979-09-21 4 THE MARKET was generally steady yesterday, with gold stocks tailing, dealers mid. Non-ferrous metals rose Initially, reflecting higher overseas gold prices, but closed lower. SEP CenU INDUS TRIALS a c i ai ouch A. M L 1M -U A. P. M 1« Amooi Pet. tOC B H P. MB232 words
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Article140 1979-09-21 4 THE MARKET closed mixed yesterday with minings firmer while commercials and oils declined, dealers said. Turnover rose to 10.81 million pesos from Wednesday's 9.34 million. Gainers were Lepanto B, Seafront, while Benguet Con B, Meralco and Vulcan lost ground. SEP 20 Pesos Acoje Mining .0082 0 0002 Atlas Con140 words
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Article63 1979-09-21 4 FINANCIAL TIMES INDUSTRIALS Wednesday 460.3 Tuesday 468.7 Week Ago 467.8 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 876.46 Tuesday 874.1ft Week ago 6870 73 LONDON DOLLAR PREMIUM Wednesday 33% to 33 v. Tuesday 32'* to 33 HJLHANG SENG Thursday 61X94 Wednesday ***** Week ago 906.01 SYDNEY INDUSTRIALS Tliursda* ***** Wednesday63 words
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Page 4 Advertisements
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Advertisement69 1979-09-21 4 Just focus at our new interest rates FIXED DEPOSITS 24 months 12 months 9 months 6 months 3 mths. 1 mth. B°o p.a. 7 1 4 p.a. 7'/« p.a. 7 p.a. 6 3 4 p.a. 6 Vj °op.a. CONTINUOUS DEPOSITS 6 months 3 mths. 1 mth. 7% p.a. 6V*% p.a.69 words
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OVERSEAS
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WORLD IN BRIEF
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Article550 1979-09-21 5 Agencies AMERICAN output declined at a 2.3 per cent annual rate in the second quarter .to signal the start of a recession, the government announced. The April-June drop in the nation's gross national product was slightly less than the Commerce Department previously had estimated. THE United StatesAgencies - 550 words
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Article253 1979-09-21 5 Reuter UP TO US$3,OOO billion (5J6.300 billion) will have to be spent if the world is to get the telephone system governments want by the end of the century, a UN official predicted. Mr Mohammed Mili, Secretary-General of the International Telecommunications Union (ITU), was speaking to moreReuter - 253 words
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Article762 1979-09-21 5 ARRIVALS Service Local Operator Number Time From MAS MH682 0710 KCH SIA SQ528 0750 DHA SIA SQI01 0615 KUL MAS MH621 0640 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP GIA GA90O 1030 HLP SIA SQ103 1045 KUL762 words
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454 1979-09-21 5 NYT Reuter VENEZUELA, a major supplier of oil to the US, announced Wednesday that next year it plans to cut crude oil production by six per cent and oil exports by seven per cent. Minister of Energy Humberto Calderon Berti said at a newsNYT; Reuter - 454 words
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272 1979-09-21 5 Reuter IRAN and Oman has held talks on protecting the passage of oil tankers through the Straits of Hormuz, the gateway to the oil-rich Gulf. Omani special envoy Malallah Ali Ha bib said the talks were part of an effort by theReuter - 272 words
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531 1979-09-21 5 Reuter THE substantial and abrupt increase in oil prices has worsened the prospects for growth, inflation and trade in the world economy, the Bank of England said. In money terms, the increase in the price of Opec oil so far this year has beenReuter - 531 words
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Article417 1979-09-21 5 Reuter BRITAIN'S industrial companies may now be faced with a financial squeeze as severe as in 1974 75, with depressed profits and a marked widening of the corporates sector's financial deficit, the Bank of England said. In its September quarterly bulletin the bank said the squeeze might notReuter - 417 words
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Page 5 Advertisements
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Advertisement155 1979-09-21 5 DATSUNI6OB The newcomer with a great flair for style Sharp lines. Soft curves. They add up to the stately appearance of the new Datsun 1608 It's a flair for style everyone with good taste will appreciate Its sparkling performance will please you even more. You're assured of a smooth silent155 words
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Article368 1979-09-21 6 THERE is something of a contradiction in terms when rules of professional conduct are imposed on any profession. The term "professional" is, after all, a complete and all-encompassing word and those who profess to be what they claim and charge fees for their services must be presumed to368 words
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Article283 1979-09-21 6 THERE must be some reservations about the Singapore Manufacturers Association mission to four South American countries. It is even more important to question the SMA's apparent glee at the success of the trip. What has occurred is that seventeen members spent three weeks traipsing283 words
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Article1179 1979-09-21 6 BERNARD SIMON - By BERNARD SIMON FT IT'S DIFFICULT for any South African to forget about gold. Daily bullion prices make front-page news. The speeches of Cabinet ministers, civil servants and businessmen are peppered with reference to the yellow metal. When the gold price spirals upward as fastFT - 1,179 words
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Article, Illustration812 1979-09-21 6 AP AROUND some corners from the rows of ugly, concrete tenements, through the gauze of traffic fumes, one can sometimes unexpectedly glimpse monks In saffron robes strolling past a palm-fringed temple or children playing naked on an old, wooden bridge across a city canal. One canAP - 812 words
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Page 6 Advertisements
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Advertisement96 1979-09-21 6 reach the big spenders Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure Times. As a regular Saturday feature of Business Times, Leisure Times reaches 29,000 people in Singapore's top income group.96 words
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Page 6 Miscellaneous
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Miscellaneous990 1979-09-21 6 Balloon through the air TODAY to the flay wl wist tkm b a Ml •fflee. At 4 Jtpm, Cki tkm b a ht Mm M* si mm ]TN Wlt 55 m:^F££ i nans Texas. It's beea and *f kiawa (Ihllj aid at Spart writers have ttsasfflytag Is asaally e« ahsat990 words
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Article, Illustration715 1979-09-21 7 LEONARD SILK - By LEONARD SILK NYT IT IS BECOMING increasingly clear that the United States has entered the recession that most economists had been forecasting since late 1978. But confusion and uncertainty about the depth and duration of the recession persist. As Mr Lawrence Chimerine, theNYT - 715 words
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Article, Illustration582 1979-09-21 7 V G KULKARNI - By V G KULKARNI Depthnews A RARE disease has struck the death knell for oyster farming in Hongkong. A couple of months ago owners of 500 oyster farms have found that most of the oysters in the seabed adjoining Hongkong had diedDepthnews - 582 words
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Article873 1979-09-21 7 QUEK PECK LIM - FOKUMi With QUEK PECK LIM IT IS seven o'clock on a cool Saturday evening cars packed with fun-seek-ers are clogging the roads with Jams. Impatient passengers turn on the radio to take their minds off the Jam. Solemn voice intones the LATEST NEWS:....Afghan president loses seat,873 words
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Page 7 Advertisements
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Advertisement225 1979-09-21 7 -sK -v. t* v. 4 I 4 4 >> f. V >? 'r r^ wm, s V: ft £r •N r Vr V mrnrn IgMgj >5- r V I V >V* ThislittfekiK)miskfe(tfusisasuii)risinglyl^pait(f>o(irworid. From the places you work in, to the homes you live in, the Industrial and Commercial Division of225 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article193 1979-09-21 8 SEP 19 FU ARM 331 50 •1* A hold 91.00 1 Akzo -0.1 AMEV woo -1J Amfaa 117-50 unch Amro Bank 00 90 unch Bergou 5ft. 90 ■t- 08 Berk ***** ♦1 Rnl* 6380 -0.2 Borsumtj 110.60 0.1 Hurhmann 62.T0 >0.4 Byenkorf 73.00 -0.5 Calve Delft 173.00 -2 Deli193 words
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Article260 1979-09-21 8 SEF IB Frs CORBE1LLE Atr-Ltquide SOI B S N Gervats Oanone 900 11 C S F (ThomsonCMI) MO 13 Cie Francalse dM Petrous 242 -2 Compagnle Ftnanclere Compagnle Oenerale 37X50 15 Credit Fancier De France SM •11 Hachette (Llbraine) 221 SO -1.6 Machines Bull 66 -0.9 Mlchelin (B) 901260 words
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Article209 1979-09-21 8 SEP 10 Din Aeg-Telefunken 45.80 Akzo 28 JO A1U Leben 835 00 5 A1U Vers 479.00 4 BASF 138 JO Bay H T Wbank 236.00 +3 Bay Vbank *****6 Bayer 133.00 1J BBC 293-50 unch BMW 1(1.00 >1 Caw 1 la 30.00 4 13 Chem Verw ***** 43 Commerzbank209 words
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Article186 1979-09-21 8 SEP 19 Francs Actloni Suisse* 292 Alusulsse Br. 1310 Alusulsse Ret 504 Brown Boverl Br. 1025 Clba Geigy Br. 13K Clba OflCy P C 1085 Cite Gelgy Ref TO Credit Suisse Br 2250 Credit Suisse Ret 435 -2 15 •1 25 10 unch unch -3 Elektrowau Br. Oeorfe Fischer186 words
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Article90 1979-09-21 8 SEP 19 Fra FORWARD MARKET Ar*r 406 -11 Arbed 2505 -40 Astur MO -10 Bruran 026 -4 BruLamb 1756 20 Can par 1010 -8 Cock 419 unch De Beers 280 -2 Fhw 2196 5 Electrobel «&a> -00 Gb-Inno-Bm 3615 30 Oew 1130 -10 Hobo* M0 Pftro 5110 Ryl Dutch90 words
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Article104 1979-09-21 8 SEP 19 Ure Ante 14 unch Assoc Gen *****xfi -9880 Buiofl tab 125 Central* #390 no rut 2610 75 K insider 130 1 Oen Immob 19 15 IF1 Pri 3000 90 lUlcementi 210S0 79 I tains 790 1 Iialsider 336 unch Macneu M Pf 660 9 Marellt Ere 377104 words
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Article195 1979-09-21 8 SEP l« CS A (MUM Mean «6 -S AlfOHU unrii Bank Mont 1_ 24'. Bank Nova ScoUa a' >, Betl Tel 2r. B*Ui Corp BP Can Ltd 1 35' unch Braaran M<? Camp Red Lakr »>> Can Imp Bk at. •'a Canpac is Can par Inv Ft Carltnf OKceft195 words
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Article330 1979-09-21 8 SEP 19 Rand INDUSTRIALS A Alpha 175 unch Abercom 200 unch AE And CI 490 5 AM1C 1835 10 Barlows 090 25 Cf Suear 800 40 cwa 285 Currtc Finance 102 unch De Been In* 1790 unch Edcon 406 ♦S Edgars 4725 E reread? Fed Vols 235 5 Fufil330 words
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Page 8 Advertisements
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Advertisement236 1979-09-21 8 Come, 'sample' an experience DOLPHIN CAFETERIA World J Trade C Li Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try it to believe! Fabulous harbour view DC Sentosa Isle236 words
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Advertisement164 1979-09-21 8 Where to wine, dine and entertain S3 s> I X For lunch. For dinner. For a richly rewarding experience. Also Businessmen s Lunch Monday t<> 1 ridav > 1 VV. CLSS l<ivanese Rnstafei Saturday <!v Sunday >lh :v\, CLSS For reservations cai! 7^7 C 77 ik fs) (Milury I'nrk Slhtjiloii164 words
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Advertisement119 1979-09-21 8 See Page 4 for Asian stocks e See Page 9 for NYSE prices House A/iiii Everyday is a biq h ri".n' >.s BoCduso ]-i. a n otn»-f i .'turn:, to our S*TVU ,U .I- C by Ahich vou us S.ivour, bpOClcilit•<,» th«- i.hoi(H-St pick A"i! 'H.it trul', i'r? c v119 words
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Advertisement107 1979-09-21 8 Savour the true flavours of Singapore in cool, exotic, tropical surroundings at the newlook Hin's Heavenly Cookhouse. Choose from a whole variety of local foods like Murtabak, Steam-boat, Malay Curries, Noodles, Smoked Duck and Suckling Pig, Satay, Chilli Crabs Exceptional Cantonese menu by celebrated Hong Kong trained chef Pon Chee.107 words
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Advertisement153 1979-09-21 8 Merlin's New Grill Room It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen s Buffet (Mondays to Fridays) offers a fabulous spread. There s Prosciutto Crudo, Gammon Ham, Cold and Grilled Lobsters, Baked Crab, Fillet Mignon Bernaise. Tournedos Rossini, Sherry Trifle and lot's153 words
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BANKING AND FINANCE
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Article305 1979-09-21 9 A US$2O million Euro-Asian convertible bond is now being floated by Meidensha Electric Manufacturing Co of Japan. This is the second convertible issue this year following a DM7O million convertible note by Minolta Camera in February The Meidensha paper will be managed through an international syndicate305 words
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Article459 1979-09-21 9 NYT US TREASURY Secretary William Miller said that there Were no plans to change the monthly auctions of 750,000 ounces of gold from the Fort Knox stocks, which have been coming under increasing criticism as doing more harm than good. Mr Miller defined a steady-as-you-go policyNYT - 459 words
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Article122 1979-09-21 9 PRIVATE Indonesian banks planning to go public must have a statutory capital of at least six billion rupiahs and a paid up capital of at least three billion, according to a Finance Ministry decree. Finance Minister Ali Wardhana, announcing the regulations, which are effective from September 1, said122 words
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Article99 1979-09-21 9 MR LLEWELLYN Jenkins has just been elected director and vice-chairman of the Manufacturers Hanover Trust's (MHT) board of directors. Mr John J Evans, executive vice-president, becomes a director. Chairman of MHT, Mr John F McGillicuddy, said these additions to the bank's board of directors will bring greater99 words
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Article92 1979-09-21 9 for the new bankers' guarantee scheme to be introduced by the Export Credit Insurance Corporation of Singapore (ECICS) have apparently been finalised.. What is needed now is for bankers to help smooth out certain kinks in the proposals and this, it seems, will be done through a series of92 words
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Article85 1979-09-21 9 word in town is that finance companies have not been showing results comparable with past years' performances. With competition as stiff as they are and margins trimmed to the bone, interim results of a large number of companies for the past half year have not been impressive. The85 words
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Article1472 1979-09-21 9 NEW YORK THE STOCK market moved narrowly higher in active trading on Wednesday, pausing to assess the effect of the latest round of interest rate rises. The Dow Jones industrial average rose two points but declines led advances by a small margin as turnover slowed to1,472 words
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MONEY AND EXCHANGE$
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Article488 1979-09-21 9 THE US dollar (ell sharply yesterday In the foreign exchange markets in the absence of dollar support by the major central banks. Trading in the local exchange was (airly active. Against the Japanese yen, the dolalar opened at 222.70/ 80, lower than the previous fixing of 223.40/50. Afternoon488 words
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Article198 1979-09-21 9 Asian rates ASIAN currency deposit interbank rates as at close on Sep 20: 7 days 1 month 2 months 3 months 8 months 9 months 12 months US Dollar*(Spot) Offer Bid 12 II 7 12 5/18 12'. 1211/16 12»t 12 15/16 12 13/16 12 15/16 12 13/16 12 9/16 127/16198 words
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Article22 1979-09-21 9 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 8.9 per cent.22 words
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Article51 1979-09-21 9 RANGE of prices otterw by discount houMS on Sep 20: Overnight 5' t% Call deposits 5 5' »*3f Clous! Boyiaf Selling 3 month Treasury bills 5 J 3 month Bank bills 8 5/16 83/10 3 month CD 8W 8 J 6 month CD 811/16 89/16 Source: National Discount Co51 words
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Article164 1979-09-21 9 THE US dollar continued its weak trend in quiet late foreign exchange dealings yesterday, partly inspired by growing market concern over the resolve of central banks to aid the unit, dealers said. In late trading here, the dollar stood at 1.6085/6105 Swiss francs after an opening 1.6110/30 and New164 words
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Article126 1979-09-21 9 THE US dollar for overnight delivery closed weaker at 222.35 yen yesterday, compared with a 223.00 opening and 223.75 at Wednesday's close, dealers said. Trading was heavy with volume amounting to H billion. After an early weakness, the dollar fell further to 221.80 yen at one stage in active126 words
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Article302 1979-09-21 9 THE SINGAPORE gold futures market yesterday closed between 30 US cents and US$3 higher in quiet selective trading, dealers said. Trading was active but calmer than Wednesday with total turnover at 302 lots compared with 395 lots overnight. October closed firmer at U*****.50/81.10 an ounce compared with U*****.50/ 81.00302 words
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Article267 1979-09-21 9 THE dollar and sterling came under heavy pressure in very active early trading yesterday, with the dollar dropping rapidly against the Swiss franc and mark, dealers said. The dollar opened at 1.7855/65 marks compared with the overnight closing in new york of 1.8010/20, a late 1.7937/42 in Hongkong and267 words
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Page 9 Advertisements
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Advertisement116 1979-09-21 9 A reminder that shows even a great legend can have its unusual moments. Gearly, when you own a Mercedes-Benz, you don't want to be stranded nor leave your car unattended in the unlikely event of trouble. Our hot line will help you out wherever you are in Singapore *****6. Seven116 words
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BUSINESS DONE ON THE SES & THE KLSE
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Article1367 1979-09-21 10 BID and otter prices officially listed and IwliMM in aad reported to the Stock Exchange c 4 Singapore yesterday with the number of shares traded shown In brackets in lots at 1,080 writs unless otherwise specified BECTION ONE INDUBTBIAL ft COMMERCIAL Allied Ckoc (159B) (1) 154 (4) 1591,367 words
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Article57 1979-09-21 10 5 1/4% 1/1/81 (*****0) (96.028) 6% 18/4/81 (390,000) (07.438) 1/4% T F 16/10/93 (*****0) (00JOB) 8 1/4% T F 16/8/86-87 (390.000) (80.90B) 1/4* T F 1/5/07 (250,000) l 98 90B) e 1/4% T F 18/4/ M (2504)00) (SOJSB) e 1/4* T F 1/8/88 (250.000) I 96 8SB) 1/4*57 words
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Article41 1979-09-21 10 Striking prices of the options flfflrlany 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 trackU E (Sept $1.25) (10) 0.40.41 words
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Article146 1979-09-21 10 S'pore Growth Fund 1.12 LIS ■NG AFOU UNIT TfttBT INCOME BOM D UNIT (MiUm* frtM krk|in) (Cm ■*P teas) The Commerce 128 121 Income Boad 1.14 L2D The Savin* Fund 1 36 L44 S pore Prog Fund 0 .12 O .STxd S parc Sec Fund LIT L7T MASAI146 words
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Article2668 1979-09-21 10 Gr's Gr's Net 1979 Last Div Div Yld P/E Vol Day High Low Company Sale 4-or- Crr (•000) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 281 207 Acma 236 19.0 2.2 63 111 196 123* Alcom 196 10.0 13 5.1 26.1 148 110 Allied Choc 136 4-32,668 words
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Article1678 1979-09-21 10 BID and offer price* officially lifted land hiwinras in mad 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 sprciHad. industrials AJtasasts (2.838) Akmm (IMB 2.008) (1) I.M cd A Ckse (11,678 words
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Article, Illustration716 1979-09-21 10 TBACBB ef a rwwry live galas at Exehaage sf fllagspsn pester day. Bat the spread ef activity naaM waattag, refleetlag Ike geaeral am IftiMa^aa CMHtVSIfB ft LB VCBlfrl. la eertata stacks, the rally waa fairly straag as MHen stagM then aat tar play. A716 words
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Article549 1979-09-21 10 AMID generally improved conditions, prices forged ahead steadily to close broadly higher on the Kuala Lumpur stock market yesterday. Trading was fairly active and showed greater range in contrast to the rather bleak conditions a few days ago when prices laboured under a slow drift549 words
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COMPANY NEWS
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Article, Illustration632 1979-09-21 11 ANTHONY TAN - By ANTHONY TAN AFTER a good five-year performance track culminating in record profits in 1978, feedmiller Gold Coin Ltd is now taking a breather. Group trading profits for the six months to June 30 fell 22 per cent to $4.17 million from $5.35 million previously,632 words
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486 1979-09-21 11 THE IMPROVING residential property market in Singapore has yet to have an effect on the performance of Singapura Building Society (SBS). For the year ended June 30, 1979, group pre-tax profit at SBS, which is mainly engaged in providing loans and advances on the security of486 words
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333 1979-09-21 11 MALAYAN United Industries has announced further earnings growth, a maintained 5 per cfnt gross interim dividend and a four-for-five bonus issue. Pre-tax profit for the six months to June 30, 1979, rose nearly 84 per cent to M 5816,490. The advance did not match the333 words
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Article327 1979-09-21 11 SHAH Alam-based manufacturer of synthetic resins and glues, Norsechem (M) Bhd's offer of 1.7 million new shares at $1 par has been greeted with much enthusiasm by Malaysian investors. Norsechem announced that the balance of 500,000 shares offered to the nonbumiputra public had been oversubscribed by327 words
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Article427 1979-09-21 11 MALAYSIAN Feedmllls: Unaudited pre-tax profit (after minority interest) of $2.36 million ($2.24 million) for the six months ended June 30. Turnover was $54.32 million ($46.42 million). MALAYAN Ualted ladastries: Unaudited pre-tax profit of $816,490 ($444,165) for the half year to June 30. Trading an other revenue received amounted427 words
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Article257 1979-09-21 11 Correal Ex Book* Date Total for Total for Payment Date Close Payable tbe year Previous year JC-MPH 10%(b) Aug 23 Aug 31 Sept 24 10% 10% (c) Bat* 8% I Aug 21 SeptS Sept 25 8% 8% Berjuatai 40% Aug 29 SeptS Sept 28 95% 110% Ktnutlaf 80%257 words
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Article131 1979-09-21 11 CoMPMjr Putkalan Kx DtU Basks Close UNV Bonus Issue of 1 foe 3 Sept 11 Sept 21 Tu Choig Bonus Issue of 1 foe 3 Sept 17 Sept 27 Hoi| Lmi| (JOB Rights Issue of 3 for 4 >1-60 per share Bonus Issue of 1 for Sept It131 words
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Article190 1979-09-21 11 FOLLOWING the geaeral tread at ether plaatattoa based eempaalea, Negri SemMlaa 00 PalaM (NSOP) has chalked ap a sigaMleaat earalags grawlh at halftime. EvMeatly as a reaalt ef a retara la Bare aermal oadltlsas after the dreaght ef the past twe yean, aad baeyaat all palm prices,190 words
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Article, Illustration550 1979-09-21 11 wmm mm*** by HOCK LOCK SIEW THE PAST month or so has been an exceptionally good period for investors in gold. Local shopkeepers, Malaysian tin miners, American farmers, South African miners and executives of the large international banks have all had their money staked on a run-upby HOCK LOCK SIEW - 550 words
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Article115 1979-09-21 11 BerJuW TIa Dredgiag BM: AGM to be held at Wisma Bunga Raya, 152, Jalan Am pang, Kuala Lumpur, on Sep 25 at 10am. Ceatral Secartttes (Holdings) BM.:EOGM to be held at Penthouse, 10th Floor, Wisma Central, Jalan Ampang, Kuala Lumpur, on Sep 25 at 11am. Jinag Cemeat Ltd:115 words
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Page 11 Advertisements
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Advertisement403 1979-09-21 11 MALAYAN UNITED INDUSTRIES BERHAD INTERIM STATEMENT FOR THE HALF YEAR ENDED 30TH JUNE, 1979 The Board of Directors of MALAYAN UNITED INDUSTRIES BERHAD wish to announce the unaudited results of the Group and the Company for the half year to 30th June, 1979 as follows:1979 1978 Group Company Group Company403 words
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Advertisement132 1979-09-21 11 THE SANWA BANK, LIMITED SINGAPORE BRANCH US$ 15,000.000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 23rd September. 1982 In accordance with the provisions of the Certificates, notice is hereby Riven that for the Interest Period from 20th September 1979 to 20th March 1980 the Certificates w ill carry132 words
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376 1979-09-21 12 THE Government will be asked in Parliament today what measures it is planning after considering the recommendations recently submitted by the Public Accounts Committee. The committee had said that some changes might be made in the system of computerisation within Government departments376 words
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378 1979-09-21 12 THE MALAYSIAN Primary Industries Ministry has drawn up several measures to step up natural rubber production in the country, its minister Datuk Paul Leong said yesterday. The measures incorporated in its new production policy had been submitted to the Ministry of Finance and378 words
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Article209 1979-09-21 12 THE Malaysian Ministry of Trade and Industry has, in a move to study the demand pattern of diesel, requested oil companies each to submit a list of major diesel users. The study aims to find out why there is a diesel shortage despite a more than two-fold209 words
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379 1979-09-21 12 AP NEW ZEALAND Prime Minister Robert Muldoon told Americans Wednesday that his government will be stepping up efforts to overcome US import restrictions and sell more farm and industrial products here. "That is vital to our economic future," he toldAP - 379 words
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351 1979-09-21 12 THE movement of cargo containers out of Port Klang is well under control, said Malaysian Deputy Transport Minister Mohd Ali bin Mohd Shariff yesterday at the end of a visit to the port there. Referring to reports that the Malaysian national transport351 words
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Article, Illustration57 1979-09-21 12 The Paris leftist dally liberation with Its hum prlated la geld on Wedaeoday. Gold reached aa all-time high la Paris almost every day as la mest Assarts! centres around the world, lie paper urged readers to bay as maay copies as they eaa because each contains M gramAP photo - 57 words
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339 1979-09-21 12 Reuter VIETNAM has boosted Its forces in Kampuchea to 20 divisions in preparation (or a large-scale dry season offensive against the Khmer Rouge guerrillas of ousted Kampuchean leader Pol Pot, a Thai Supreme Command spokesman said yesterday. A full-strength Vietnamese division is believedReuter - 339 words
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Article256 1979-09-21 12 AP SWEDEN collects 53.1 per cent of its gross domestic product in taxes the highest rate among 24 industrialised Western countries examined in a newly-published survey. The Paris-based Organisation for Economic Cooperation and Development reported the overall tax bite in the industrial West had finally started toAP - 256 words
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Article798 1979-09-21 12 LONDON, Thurs. The record gold price prompted renewed demand for producer shares which rose as much as a dollar in fairly active trading but government bonds were generally lower following the gloomy economic review by the Bank of England, dealers said. At 3 pm, the FT index was798 words
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Article320 1979-09-21 12 RICHARD Tartlag, terser rkali af the Haw Par Brathera tofraatliaal, yesterday Sealed all five the Caaqpaatoe Act. Oa the tearth day af Us ■at a director a( Haw Par kat the dteeetor af Slater Walker Secarittoa UK. He atea aaM he waa repaired water the320 words
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372 1979-09-21 12 FOO CHOY PENG - By FOO CHOY PENG THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) has moved a step nearer to the role of a matchmaker between local graduates and small manufacturers. It is now drafting processing forms for graduates from tertiary institutions who are372 words
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Page 12 Advertisements
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Advertisement301 1979-09-21 12 We have a history of making j*. money grow Lombard North Central is part of W~\ 1 one of the world's largest banking lf groups and we have a history whicHWpf|s covers more than 100 years. K W We offer a range of deposit JrH| fJ I j|_% 5 schemes301 words
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Advertisement129 1979-09-21 12 EXHIBITION SALE of the largest and finest collection of ANTIQUE KOREAN FURNITURE ever assembled, begins on 21st September. For this event we have stocked over 200 chests of all sorts and sizes, including many collectors' and decorators' pieces. V O 7m\ V-* K t.« 4 i 0 gallery eb September129 words
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Page 12 Miscellaneous
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Miscellaneous63 1979-09-21 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers in the early morning Report f«r 24 hhb prtor to 7JI p.m. m Sep 29 at fee alrpert. Maximum temperature 31.0 Associated humidity 69 Minimum temperature 23.0 Associated humidity 97 Hours of sunshine 6.00 Rainfall in millimetres 5.963 words
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SHIPPING TIMES
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PORTSIDES
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Article104 1979-09-21 13 THE UNITED Arab Shipping Company, the largest in the Arab world, lost about US$35 million in 1978. Board chairman Eid Abdullah Yousouf told the company's annual general meeting that the loss resulted from uneconomic freight rates charged by companies which are not members of ihternational shipping unions.104 words
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Article85 1979-09-21 13 AP CHINA has built two beacon lights on reefs of the Xisha (Paracel) islands, strategic atolls in the South China Sea claimed by both China and Vietnam. The official Xinhua (Hsinhua) news agency said that the two nine-metre high beacons were built on the Langhua and Beijiao reefsAP - 85 words
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Article83 1979-09-21 13 AFP THE 12,000-ton tin dredging ship Bima, built by the Jurong Shipyard of Singapore, said to be the biggest and most modern of its kind in the world, has recently arrived at Tujuh Island, Riau Province, south-west of Singapore. The dredging ship, owned by the Dutch RiauAFP - 83 words
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Article, Illustration659 1979-09-21 13 GOH ENG KEE - By GOH ENG KEE EVERGREEN LINE of Taiwan will have its full complement of six "V" class containership on its five months' old shipping service between the Far East and Europe next month. Its fifth and latest newbuilding, the 20,000 dwt Ever Vigor called at659 words
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Article201 1979-09-21 13 UPI SYMPTOMATIC ef aa apttmlatfe market, dkrtenn latKMiagljr basked Ullage sa a pcrM Mi as a hedge agalaat the possibility ef faciag higher rates when grata stages Its aatama aad wtater revival. Thar Dahi hashed the 72,531 dwt Cetrm Lyra at US$4.2l per dwt far SMS meaths tradlagUPI - 201 words
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251 1979-09-21 13 JAPANESE shipbuilders expect to secure orders for nine pure car carriers from domestic shipping companies soon. The. vessels, ranging from 3,000-unit capacity to 5.500, will be built against char- t ters to three major Japanese ship operators Nippon Yusen Kaisha (four vessels), Mitsui251 words
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Article84 1979-09-21 13 Reuter AFP HITACHI Shipbuilding and vEngineering Company, a major Japanese shipbuilder, has received a 5,000 million yen (Ssso million) order from Liberia's Ascona Shipping Corporation to con? struct a 60,000-dwt bulk carrier. The bulk carrier will be constructed at the Hitachi yard in Hiroshima, western Japan, andReuter; AFP - 84 words
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915 1979-09-21 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port915 words
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Article568 1979-09-21 17 SklMlaf Um AQ T Ale* IV 3 Alfred V 3 Alpac IV 5 Angkutan ANL V 3 I 1 APL m 2 Arya Nat n s ASCL m l Asia America n s Asia Merchant n s Atlas IV 4 Aust.Cont IV 5 Bank m 5 Banner V568 words
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Article866 1979-09-21 18 1 RECEIVING OF EXPORT FCL CONTAINERS 1 AND LCL CARGO AT CONTAINER TERMINAL |NB. 1 (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent I and is subject to change I (2) All export FCL containers and LCL cargo must be delivered to the866 words
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Article, Illustration359 1979-09-21 18 Reuter THE effects at Soviet cross trading competition on Western liner conferences were at least as harmful last year as in 1977, the Organisation for Economic Cooperation (OECD) said. In its annual report, "Maritime Transport", the organisation said Western lines lose revenue both throughReuter - 359 words
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262 1979-09-21 18 MERSEY Docks and Harbour Company chairman Sir Arthur Peterson toured China early this month to give a further boost to the booming trade between China and Liverpool which has almost trebled in less than 12 months. His one-week visit with Mr Mike262 words
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Article, Illustration105 1979-09-21 18 WHEN this tanker collides with another there are no long faces at Lloyds the captain-to-be is merely criticised by his instructor. This is the bridge of a simulator for naval officer cadets complete with monitor screen in colour showing the envisaged surroundings, such as a jetty105 words
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889 1979-09-21 18 JAMES LINDSAY, a 52-year-old electrician, stood watching a tide of men in blue coveralls dashing from the old Govan shipyard for lunch as he recited the famous names: Harland 6 Wolff, Fairfield, Inglis and Upper Clyde, the consortium that wound up889 words
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Article, Illustration470 1979-09-21 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ben jamas (after Telamon) 8/9 Crikvenica (after Arya Jahan sails D/L) 36/36 Golden Eastern (0600 subject freeboard) 22 Hoegh Cairn (1100 hauls after Futami Maru sails, departure draft 9.75 m) 1/2 Kii Maru (0630 after Talisman) 47 Kota Jasa (0600) 10/11 Kyosei470 words
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Page 13 Advertisements
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Advertisement242 1979-09-21 13 a st class transport Agents: Nedlloyd EAC For further details, please refer to page Scan Dutch .1A RI) 1\ I AN I All Orient Overseas COMICUH&I Line •%€*CATOH 13* MWEHTAI CHEf ICW CHMA CONI AMI 3D t SEAS SHDfi 23W NEPTUC COftAl 15* ■M JC m m to 28,'9 5/10242 words
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Advertisement283 1979-09-21 13 ifil SEALORD AMAII m. UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI-PURPOSE SERVICES L S pore J Loading for 28/9 1 Abu (10/10). Doha (13/10), Dammam (16/10). Kuwait (19/10). Dubai (22/10) is/in i Kuwait (27/10). Shuaiba (30/10), Dammam 13/ u I (3/11). Dutw (5/11) 25 10 Dammam, Dubai, Kuwait. Shuaiba.283 words
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Advertisement293 1979-09-21 13 ■NOL I NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE i FULLY CONTAMERISED SERVICE 5 No. La C*to CONTAMERS FEEOEREO 70/fBOM FSTOWE Also accept** carps to/from ScmdHuvu C CONTAMER N CORAL Rdam r slow* H burg I 1? Oct 13 Oct It Oct It Oct 19 Oct 22 Oct 30293 words
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Advertisement495 1979-09-21 13 r Callus We call the world Agents: Nedlloyd EAC Please refer to page HI I MAERSK LINE nirnr l.'.M'i Saied Saied 23-24/S 24-25/9 29-30/9 1-2/10 74/10 8-9/10 13-14/10 15-16/10 LTSESirnr^"MP-I Will 14/10 2 21/10 3 2S/10 4/11 11/11 27/10 21/10 4/11 11/11 17/11 I 11/11 24/11 I 25/11 m FOR495 words
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Page 14 Advertisements
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Advertisement640 1979-09-21 14 IM>| Eipriu Hm tisrni T l*r« B*T Cjr«p.br OjMEO* TMutEiprtu M« Mm Ka«fa Mm laMtoi ttara llttif Dprns EXWfSS CONVENTIONS. TO EUROPE S pan fJMai Nn Mm 6mm HW| >1 M» M>«p kX<«M> JO 9 4/10 30/10 9/11 7/11 5/11 J/ll MM» 1/10 3/10 6/11 5/11 2/11 31/10 HmsmMnm 5/10640 words
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Advertisement438 1979-09-21 14 U, 23/23 I S*»/» 1*24/14 I Ocl 1/1 i*a/v *n 9 Oct n IbiK Nw 30 Dk 3 Die I OK II Ok 11 Nw 1 Nni Nnl Mn U 1 u M 5-7/10 22-24/J 31/10 11/11 1/11 IVU 15/11 2/11 11/11 J/11 Sl/11 1/11 22/11 7/11 24/11 1«/11 r438 words
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Advertisement671 1979-09-21 14 EVERGREEN LINE FAR EAST FUROPf fc XPRE SS fUll CON IA INF R SFRVICF ACCEPJMG CARGO FO* HAMBURG. FELOSTOIK. ROTTERQAM ANTWERP. U HAVRE ALSO ACCEPTMG CARGO FOR UNTEDKMGOOM SOUTHAMPTON. LONDON. MANCHESTER NRMWGHAM BRISTOL. LIVERPOOL. GLASGOW LEEDS WEST GERMANY RnuSi AMSTERDAM [wm *ctmy H Uft 14 Oct li Oct II Od671 words
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Advertisement884 1979-09-21 14 rr? ii B.F.S S C Aotot* w> Mokjyvo TEPS MALAYSIA Port Kdong T*(3B>-7355 f>«nong T«l 62U1/***** Compama ArfMitina Dt Nav«tac*on lnt«rcontin«m»l S. A. C.I.F. "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN. CATC OWN. BUENOS AMES S'p« PHTA NtGENTMA 1/2 Ok r CTS Trwisporuoon Maritime Mtxicsna S. A. "MEXICAN NATIONAL LINE" FM884 words
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Advertisement689 1979-09-21 14 T mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHFNTON WAV MISTRI ROAD SINGAPORF 2 TFL *****44 7 *****70 31 SANKYO LINE AUSTRALIA SERVICE H/ZISH lIPORT 10/11 Od 1/9 Oct MEL, MEL. STB STD.MEL.MXL BANGLADESH SERVICE 15/20 Oct CtfTTAGONG. CHAUM JAPAN/STRAITS SERVICE MUSMMMMU SaM M.689 words
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Page 15 Advertisements
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Advertisement1021 1979-09-21 15 Overseas I Containers Limited Weekly service to/from UK/Europe To UK/Continent Spare PAehag Km**l E*ms MSap 21 S* Hm bproi 3 Oct U*e*aelßay Oct (Oct T*reß>r 12 Oct 14 Oct Carifeaa Bit II Oct Otr 24 Oct Mfe Ciprtn 27 Oct Main M Oct Mm Mm 41b* ln|i Nn 4 to*1,021 words
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Advertisement921 1979-09-21 15 rCViTGRANARD LINE RQJABU A OEKMMftf NOH-CONFOTCS EXPRESS SERVICE NEST BOIfID-fM EAST/lOITEMtMKMI S'pere PJdtM| PlH| Lm*« tar. M.V. mm FUNG VJM hi Pert 23 U MM. MM TAT ¥.31*... 6 Oct (h§f looted) IMON miTOM *.32* 4■m HV. MAN AN V.33N— 13 Nov accept* cqrtmo cjmo fa mi ta Nrt 23921 words
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Advertisement717 1979-09-21 15 rry BEN LINE CONTAINERS tiwH I*7 Ofr d IM>*» Tdte Earns HOMQMOPt KMC BHAVEN rOMI HAVRE SOTON 6*rmariy Aastna Benenti Frt«* MUK P team Sp*rt Nr. L»*rp*dß*r Sated MM SM W M toPvt 23/1 M. JWL HHmb)W» SM IM bM UU M 21/1 jm. H T*y*B*y MM bM SM S*ted717 words
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Advertisement545 1979-09-21 15 Scan Dutch V WEEKLY t»i T 4»7iu :f/: i »:iz A VIA Altahl 1) MMa SMcktoto o*. HM 1) Mm J) Hw Wmi IbWk I* IrakK (mm Ink. h*M MX l> muk Kt*h| FO./FCI toteteitoli c«|« to M—■« 1 hM> CONVENTIONAL SERVICE TO EUROPE US miDKOK S* 23/WOd 31/Nrr 1545 words
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Advertisement577 1979-09-21 15 SHIPPING AGENCIES THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA MTDM OMCVOftOi ißntmon Durban Ctaam Pt Eta. E loadaa) S port 14/17 Oct P Mang LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) SM(«*t p. KaMtf Kuantan US Gi# MASON IVIES (taatfe) 29/30 Sep577 words
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Page 16 Advertisements
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Advertisement1082 1979-09-21 16 L K LINE AWASAKI RISEN KAISHA. LTD. TO EUROPE Spore P Kelang lHa.re «ra»m H'barg 23 Sepl 24 Sept u Oct 1? Oct 16 Oct 28 Sept 29 Sept 17 Oct 18 Oct 22 Oct MFRCATOR 13* «*P« UOcI 17 Oct lb Oct 18 0c 0 CHK» 16VW »Sept 171,082 words
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Advertisement641 1979-09-21 16 m LC./CKAT LAKES SERVICE lO4OMC FOR m TOM. RVU. MMM. IBWWO. tSMMMU PMMI WM Mmi SW "ciUFMMA/FACffIC MOTH WEST SERVICE lu*i tar los uma. sjw numcsco »mi ikom. mhcowo. it EXPRESS CONTAMER/CONVEJITIONAL/ REEFER SERVICE "S.O. KBMUVi" -so SSm^ U< P»imH f Mm* Smwi I 1/3 Oct 1/5 Oct t/t Oct641 words
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Advertisement463 1979-09-21 16 O .A (il'OIII) SINGAPORE SHIPPING AGENCIES PTE LTD .'C~ «.00« CK tAN Bun. D J SN (.»PC"t Container Lilies ••nil WEEKLY CONTAINER SERViCE to/trcxn BANGKOK DBRLINES^ fist sat-coNTwo soma S pace P Kla*| Penanf Rm* H burj kwtft Host t/14 Oct 11/12 Oct 4Rm 10 lb* ■VI Oct 7/j Oct463 words
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Advertisement748 1979-09-21 16 mm as kUl*YSl*\ I*T[**AJtONAL SHIPPING CORPORATION BfPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINA.VIA 1) kUmo Stockholm (Mb. Htfcnt. 2) Coptnh*t« Aartmv 3) Brtmw Ant»erp. KmUfitm UK. S) to* Bw4c*w Also Kceptmi mttrmtrkatt c**o to Honftoof I Japan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT 28/27 Sapt 27/21 S*t MPart T| Mao S748 words
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Advertisement814 1979-09-21 16 INTRASEA (PTE) LTD House 234E Orchard Road Singapore S Telephone **********4057 REGULARINDEPENDENT SEMI/FOLL CONTAINER SERVICE TO EUROPE ATLANTIC 100 NMIA ALKTON NORASU NBS4 S port P. Koiang SaM M Port NOct 140 d 31 Oct 5 Nov Avon (UK)/Tilbury/ Rotterdam/Antwerp Aton (UK) Boulogne Rotterdam/Antwerp/ Avon (UK) Singapore WTRASEA (PTE) LTD814 words
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Page 17 Advertisements
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Advertisement380 1979-09-21 17 [<*■ EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG genfrai agents sub agfnts l N SHIPPING PTE LTD HS H (Ml SDN BHD Tel *****11 (Singapore) Tel *****3 *****/ <Kl TIX R*****7 *****b (PT KELANG) TLX ***** *****2 (PENANG) LINE KAWASAKI KISEN KAISHA. LTD. DIRECT SAILING TO CARIBBEAN PORTS NCARAGUA MARU S'pore380 words
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Advertisement410 1979-09-21 17 KB Line Straita/lndonooia RO-RO Owylci SPECIALISTS IN HEAVY EQUIPMENT DOOR TO DOOR TRANSPORTATION ETA Loading for. A VESSEL 24/9 ALL MDONESIAN PORTS AND UP-RIVER DESTINATIONS TME/TRP CHARTER FOR LANDM6 CRAFT AVAL ABLE TO ALL VDOMEStAN Wo, Agents: K A{Mcjes pfc Ltl T#fc *****01 (S Hdm) *****10 w FAR EASTWEST AFRICA410 words
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Advertisement330 1979-09-21 17 COMBO LINE REGULAR TMBER/PLYWOOO BULK SERVICE P KELANG LOG. FOR 23/9 Nantes/N 16/10 Nantes/Ni TEESTA WOOl COMBO WOO? AGENTS Sporp Migd.i Shipping iPte) 11(1 fo' Bookings contact W' hjnos leo )ohnn» Kpp lei ??*****5 ??OS7°3 4 Pt K»ljng Pprkjpjj.jn hmur I .Hit Srln Bh.l T'l 38 8W fnala lun>pof 98330 words
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Advertisement439 1979-09-21 17 g.g: GOLDEN LINE CHAN GUAM SHIPPING (PTE) LTD 23, rac* *m sittn. smgmok i ra. >***** (is lmb) Tel: Roeta Laps M2U. P. lata* 3879J1. Nm< JtMH P-k Smtmt V«l OOOT UOTO SM M) m tun STMfTS/POSMN GULF SERVICE: S'pere P Kdani Penaoj GOtOfN HORSt Karachi. Dvbn Basrah 27/11 Sept439 words
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Advertisement463 1979-09-21 17 DONG SI E LINE M.V. DONG NAM vov.tra arrived 1M.7» AT PSA (Mm M 41 Genera) Survey on damaged cargo discharged ex the above vessel will be held on Wednesday 26th September 1979. as from 9.00 a.m. to 12.00 noon. No further survey will be held after this date I463 words
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