The Business Times, 8 November 1979
1979-11-08
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The Business Times
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Title Section10 1979-11-08 1 BUSINESS TIMES M.C.(P) No. 14C/1/79 THURSDAY, NOVEMBER 8,1979 50 CENTS10 words
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BRIEFLY...
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Article93 1979-11-08 1 AP TOKYO, Wed. Hotel New Otani Co of Japan said it will build a 350 room hotel in Singapore by 1983 jointly with Nipsea Holdings International Co of Hongkong at an estimated cost of 5 billion yen (US$2O.B million). Officials said the two companies will establishAP - 93 words
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Article95 1979-11-08 1 UPI LONDON, Wed. Gold rose sharply and the US dollar dropped across the board on European money markets in frantic trading caused by the erratic political situation in Iran. Gold rose nearly US$lO an ounce in Zurich, opening at US$394 after Tuesday's close of U*****.50. In London theUPI - 95 words
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Article87 1979-11-08 1 AP JAKARTA, Wed. President Suharto ordered his economic ministers to hold Indonesia's inflation rate within one per cent a month in an effort to keep this year's total rate within 25 per cent. In a cabinet meeting, the President was told the government had succeeded in doing soAP - 87 words
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Article102 1979-11-08 1 UPI MOSCOW, Wed. Soviet Premier Alexei Kosygin did not appear on the reviewing stand for today's Revolution Day parade in what Western analysts called a "sure indication" Russia's Number Two man is ailing. Kosygin, 75, has not been seen in public for 20 days and his absence fromUPI - 102 words
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Article97 1979-11-08 1 Reuter WASHINGTON, Wed. A US mission headed by former Attorney General Ramsey Clark is on its way to Iran to try to negotiate the release of hostages held in the US Embassy in Teheran, the State Department said today. Mr Clark and Senate Intelligence Committee aide William MillerReuter - 97 words
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Article82 1979-11-08 1 AP NEW YORK, Wed. The stock market fell sharply this morning amid unconfirmed rumours that supplies of oil from Iran had been cut off. The Dow Jones average of 30 industrials dropped 7.33 to 799.15 in the first half hour. Losers took a 4 to 1 lead overAP - 82 words
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Article139 1979-11-08 1 Falls M Banking 800 -10 Straita Trading 715 -10 O C B C 690 -10 C C M 805 -10 Nat Iron 585 -10 Tan Chong 388 -10 Gentinga 388 -10 K L Kepong 350 -8 DBS 498 -7 Hume F E 221 -7 Rises Taaek Cement139 words
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Article, Illustration145 1979-11-08 1 Falls Malayan Tin 2060 -50 Pengkaler, 530 -20 Sg Besi 980 -20 Petaiing 1030 -20 S Trading 710 -15 P Bank 274 -10 Carlsberg 506 -10 N Iron 565 -10 OCBC 690 -10 A Hitam (T) 1320 -10 B Lin tang 296 -09 East Asiatic 312 -08 Rises145 words
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Article729 1979-11-08 1 FOO CHOY PENG - PRIVATE SECTOR PREFERRED By FOO CHOY PENG THE Indonesian government will propose an alternative to Prime Minister Lee Kuan Yew's reported suggestion that Singapore be allowed to manage the construction of the infrastructure on Batam Island. A senior official of the Batam Development Authority told729 words
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255 1979-11-08 1 NEW Zealand Deputy Prime Minister Brian Talboys said yesterday that South east Asian leaders believed Vietnamese forces will not invade Thailand, even in the forseeaUe future. He said this at a press conference in Kuala Lumpur prior to his departure for Singapore. To questions about255 words
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Article470 1979-11-08 1 THE National Wages Council (NWC) guidelines were directly responsible (or the spectacular riae in union membership in Singapore over the 1971 to 1974 period. Disclosing this in his keynote address at the opening of the National Trades Union Congress (NTUC) seminar and third triennial delegates' conference,470 words
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Article314 1979-11-08 1 GROWTH Industrial Holdings (GIH), the principal shareholder of Pan Electric Industries will subscribe to only 12.7 million out of its entitlement of $7.19 million convertible loan stock in Pan-El's rights issue. The company, which owns 45 per cent of PanEl's issued capital, said yesterday the decision was taken314 words
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222 1979-11-08 1 THE OTtriet-ChIMN Baaklag Cerperatlea (OCBC) la wfyhhlag a aew iiWiarj la Haagkaag to vita tto aettrlttea la the Brttlak eilwy. lawrpaitrt earlier tftto year, the aew wkeily•waed aahaldlary, OCBC Plaaaee (Heag Kaag), will aagBMMl ike ftwe kaakja^R^^T^to Am OCBC aflletol, kewever, MbM that222 words
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450 1979-11-08 1 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE, Malaysia and Thailand will negotiate for a soft loan of US$5O million from the Japanese government to help pay for the Asean project involving the laying of the MalaysiaSingapore (M-S) and the Malaysia-Thailand (M-T) submarine cables. The450 words
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Page 1 Advertisements
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Advertisement8 1979-11-08 1 ufi 7_ SHIRTS fhegrwl nene in GoEvumt. Anywwr.8 words
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Advertisement232 1979-11-08 1 asean BusHessttatErty Malaysia's coommrsiJ industrial 00-oaihaaciaD act Ninjyipinv'* ltrw-w*c prohkm Intra-ASBAN SMbame trade i huu v nipple Jixl Juikukl ASEAN piururv ctniHitoJiuc« Brief op ckriwiki industry in ASEAN Malaysia -.1 (n<Xti ivntu Myth and reality at Singapore'! industrial tmtmum index i !u< immvu ti iiiisli^t Revenue tfarauahtaanhow ASEAN Am* it232 words
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Advertisement78 1979-11-08 1 ,w yi m:i SHIPPING TIMES LEGAL acttea agalaet US all Cuaplut leeks set for Impresgeflasrs~. S rfw Awfcg r 11 US UMIn expected te stay it HOCK Leek Stow tees any 4—Us igtti I fcepe at 8m HeMiags 11 HOW te keep la check the IRAN may eat ell sappty78 words
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Advertisement165 1979-11-08 1 r 11 1 .1 m answers your phone while L you are out T* 80b HI ***** Perfection and it does not cost ore than an ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands165 words
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TRADE AND INDUSTRY
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Article, Illustration509 1979-11-08 2 RONNIE LIM - By RONNIE LIM ESSO and Mobil Oil may join three other oil companies here to utilise the single buoy mooring (SBM) facility being built by the Port of Singapore Authority. Increasing volume of business and expansion of refinery capacity by these two US509 words
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Article, Illustration65 1979-11-08 2 Thyssen AG, which has undertaken various projects in Indonesia since 1f74, held a conference and dinner in a Jakarta hotel on Oct 23 to introduce the company and to explain its participation in Indogerma, the Indonesian-West German trade exhibition. Picture above shows representatives of the company65 words
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107 1979-11-08 2 GUESTS staying on the top three floors of the Hyatt Regency Hotel can now enjoy luxury amenities over and above the usual extended to hotel guests. They automatically become members of the Regency Club, a coocept developed by the Hyatt chain of hotels to107 words
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Article, Illustration90 1979-11-08 2 Predicts developed at the Duckworth and Sevan laboratory at Horiey la Bngl—< have been Introduced la Singapore by export consultant Mr R B Law who is visiting Singapore as a member of the British Food Export Coaneil trade mission. Among the flavours produced by the company are lime,90 words
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Article172 1979-11-08 2 THE Singapore National Academy of Science in conjunction with the Singapore Science Centre will be holding an exhibition to commemorate the 100 th anniversary'of the invention of the electric lamp on Nov 16 at the Science Centre. The exhibition will be opened by Professor Ang Kok Peng,172 words
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Article703 1979-11-08 2 DEPARTURES Service Local Operator Number Time For SIA 9Q8. 0900 HKG/TPE/NRT SLA SQ456 0915 BWN CPA CX720 0920 PEN/HKG MAS MH822 0920 PEN/(BKK) MAS MH68I 0925 KCH SLA SQ64 0930 MNL S1A SQ68 0930 MAA SLA SQ6 0930 TPE/OSA RBA BI422 1015 BWN ALANKA UL334 1000 KUL/CMB703 words
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Article, Illustration199 1979-11-08 2 THE recent visit of a businessman from Jeddah is expected to open a few doors for Singapore manufacturers and suppliers of Singapore-made consumer goods interested in doing business with Saudi Arabia. The president of AlHomied Trading and Construction Est., Mr Abd AlRahman Saleh Al-Homied,199 words
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209 1979-11-08 2 MORE THAN 40 per cent of applications for approval of new industrial projects in Malaysia during the first half came from investors wishing to expand existing plants or product lines. Out of a total of 274 project applications, 110 came from existing companies and209 words
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Article, Illustration222 1979-11-08 2 KARIN Letdbeuer has joined Ogilvy and Mather Singapore as senior art director. She started her career in Germany with Dr Babor Cosmetics in Aachen as a graphic designer with the house agency where she was involved in designing packaging, displays, posters brochures and fair display stands. In222 words
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Page 2 Advertisements
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Advertisement171 1979-11-08 2 V i vi r v -w '4^ll tfel -■"•"'•'-';i- -> f ...«v V if'" v- -t x v fer* •>* t> k ,v t 2 -..*'V- V* 1 > > Our Representative Office Opens in Singapore Today. The man in business knows that risks, especially financial let-downs, are as real171 words
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Advertisement149 1979-11-08 2 CONSOLIDATED hotels LIMITED ANNOUNCEMENT The company has been informed that Moscow Narodny Bank has accepted the tender offer by Messrs. Ong Co.. Stocks and Shares Brokers, to purchase 15.532,047 ordinary shares of (1 each fully paid in Consolidated Hotels Limited at $1,925 per share subject to the terms and conditions149 words
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OVERSEAS
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464 1979-11-08 3 NYT AMERICAN Department of energy investigators announced on Tuesday the filing of formal charges against nine major oil refiners, accusing them of having overcharged the public by US$l.lB billion ($2.56 billion) during the period *****6. Administration officials said the investigation of refinery overcharging sinceNYT - 464 words
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229 1979-11-08 3 AP PRESIDENT Carter of the US and Senator Edward Kennedy have accepted an invitation to a debate at a newspaper-sponsored forum in lowa in early January. A White House official said Mr Carter had accepted an invitation to the forum sponsored by the DesAP - 229 words
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210 1979-11-08 3 US presidential adviser Al- < fred Kahn said he no longer 1 expects inflation to drop below double-digit rates by late winter or early spring. In a speech before the j National Press Club, he declined to say what inflation rate210 words
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Article150 1979-11-08 3 AFP THE council of the General Agreement on Tariffs and Trade (Gatt) has failed to agree on the terms of reference of a proposed special panel on the question of Gatt safeguards. Gatt director general Olivier Long proposed the setting-up of such a committee lastAFP - 150 words
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Article75 1979-11-08 3 Reuter WEST Germany is aiming for a gross national product growth of 2.5 to 3 per cent for next year and a balanced or slightly negative current account and money supply growth of 6 to 9 per cent, Deputy Minister of Finance Manfred Lahnstein said. Consumer prices shouldReuter - 75 words
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WORLD IN BRIEF
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Article492 1979-11-08 3 Agencies THE productivity of French steel works in terms of work hours per ton produced improved by 11 per cent last year, after gaining 7 per cent in 1977, the Producers Association said. It took 8.9 hours on average for French steelworks to produce one tonAgencies - 492 words
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Article, Illustration79 1979-11-08 3 Pope Jill Pml n standing it the presidency table in prayer with cardiaals In the Synod Hall shertly before the start «f the seeend day d the historic congress en Tuesday. The congress, the first d Its Idnd In five centuries, was called far discussion dUPI photo - 79 words
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Article571 1979-11-08 3 AP CONSUMPTION of petroleum has Increased more than consumption of petroleum products as a whole in the industrialised countries since the first energy crisis, the General Agreement on Tariffs and Trade (Gatt) said Monday. The average annual increase of petroleum consumption in the area between 1973 andAP - 571 words
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Page 3 Advertisements
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Advertisement216 1979-11-08 3 Intimus Schleicher Co., Gmbh,W. Germany, manufacturers of INTIMUS PAPER SHREDDERS proudly announces the appointment of BUSINESS MACHINES SYSTEMS as their sole agents for Singapore, Malaysia and Brunei. intimus F V .>■ u •°e t-V *3 *7 I in 1 b Vi m n A" Model 304 High capacity hardened rotary216 words
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RAW MATERIALS
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483 1979-11-08 4 UPI,- Reuter PRESIDENT Marcos said the Philippines is holding on to its sugar stocks of 800,000 tonnes in anticipation of higher world market prices. Mr Marcos told an annual gathering of sugarcane planters yesterday that the Philippines has been receiving many offers from variousUPI,-; Reuter - 483 words
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Article198 1979-11-08 4 THE SUGAR futures market yesterday closed easier in continued quiet and featureless trading, dealers said. January closed at 14.30/40 US cents against Tuesday's 15.00/06 close, March at 14.80/90 against 15.15/25 with distant October at 15.00/10 against 15.40/45 cents. Cotton trading continued quiet with no trades done. December closed198 words
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Article114 1979-11-08 4 DESPITE gains being pared in late trading, soybean futures in Chicago on Tuesday managed to close higher in all but two nearbys. Gains ranged from 34 to 2 V« US cents a bushel. The nearbys shed 2V« to one cent. Traders viewed the session as choppy. After opening higher114 words
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Article181 1979-11-08 4 THE SINGAPORE market closed firmer yesterday with November One RSS buyers quoted at 286.75 cents per kilo, up 4.25 cents from Tuesday's close. The morning market firmed 2.75 cents on higher London advices, speculative buying and short-covering interest. The afternoon session was moderately active and prices rose on firmer181 words
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Article304 1979-11-08 4 R.A.S prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt I.o.b. 284.50 285.50N Int. 1 R.S.S. November 285 50 286.00 Int. 1 R.S.S. December 287.25 217.75 Int 2 R.S.S. 278.00 279.00N UK/Coat 277.00 278.00N Int. 3 R.S.S. 275.00 27*.00 UK/Cont 274.00 275.00N304 words
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Article118 1979-11-08 4 NOON SSI I and SMR pricaa ymt n— RA8 JB (Cmrraal Bayara fi IMUI la tiara (Forward Mtk) SSR20 (1 loo pilhtl 263 00 266.00N 264 SO 266 60N SSR50 (1 -too paifat) 2(0.00 262-OON 161-SO 263-SON MftKLB Daca •bar Ju ■*»T S MR C V (1118 words
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Article70 1979-11-08 4 THE ST&AITS ttaprice ta Pi—g fed M$S per pAeal I* MSJ,KI yeaterSiif to Mfltl stove Ike htfwiWwl Tlb Agreemeat eeittag, Mennii The fall nveeeated mlaer terhalesl sdjsstmeat te tte reeeat rlee ill a]n Ike nitrr tne aai avallaMttty §i spet Um la Ltaiea ea Tseeday. Bat eeatfaaed *emaad70 words
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Article31 1979-11-08 4 Rubber: Nov 7 Singapore: November: 286.75 cent* (up 4.25 cents) Malaysia: December: 287.50 cents (up 3.00 cents) Tin: M 52,051 (down $3) Official offering: 172*4 tonnes (down 26V« tonnes)31 words
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Article192 1979-11-08 4 YARN snd cotton prices were quoted ss follows in Hongkong yesterday: (la HK dollars, spot ex-godown) Csdsn yam: China Blue Phoenix 30s 2,230; 2k 2,000, 40s 3,065 (per bale et 400 lbs). Ptsna feats: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article330 1979-11-08 4 COCONUT oil prices continued to hold steady in dull trading in the Singapore produce market yesterday. The steadier trend was in line with the improved sentiment in most edible oils. One of the factors affecting market sentiment is the big tender received by Singapore dealers from India, indicating330 words
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Article329 1979-11-08 4 BINGAPOBE: Yesterday's closing prices in S| per kik), ex-godown: THAI WHITE: 100 per ccnt Bret class (Kangaroo) new crop 101, 100 per cent second class 0.83, 100 per cent third class 0.80, 25 per ceat new crop do stock, B-10 per cent 0.70. THAI BROKEN: A-aiper 0.05, Special O.CL329 words
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Article63 1979-11-08 4 AT the Chicago Board of Trade on Tuesday, wheat futures ended an up-and-down session firmer on nearby months but with losses in back months. Gains ranged from VA to IVi US cents a bushel and losses from V* to 2 cents. The market opened higher on spillover buying from63 words
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Article532 1979-11-08 4 ALUMINIUM: Ended the morning yesterday up £6 for cash and £3 for threemonths. Prices on pre-mar-ket advanced on covering against some Continental consumer demand jrith three-months trading up £787 before softening in ring under profit-taking to £784. Ring sales 400 tonnes. COPPER: Wlrebars closed morning yesterday down £1532 words
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Article63 1979-11-08 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Tue Prerloua Malaysian tfa bulk per too December 620.00alr 600.00alr Sumatra 5% ffa bulk November December January February Marcb 697.50/607.50pd 507-Malr unch 6l0.00»lr 617.50pd 610.00alr 615.00pd 615.00alr 612.50pd 615.00alr Nigeria 5% ffa bulk K| unq63 words
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ASIAN STOCKS
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Article533 1979-11-08 4 TOKYO Source: DBS-Daiwa THE MARKET opened higher yesterday but softened as more detailed news regarding the unfavourable political situation in Iran reached the market. Almost all sectors were weak. In particular, resources-related issues such as oil, trading bouse, and shipping issues,, had their earlier gains pared towards theSource: DBS-Daiwa - 533 words
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Article334 1979-11-08 4 Source: SHK Sec MASSIVE liquidation yesterday by local speculators following reports of a ban on oil exports from Iran caused prices to dive again In hectic trading which bordered on hysteria at times. Prices in fact opened on a firm note following several reports and rumours in the localSource: SHK Sec - 334 words
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Article148 1979-11-08 4 THE market dosed mixed yesterday with oils posting slight advances while commercials, industrials and minings declined on reduced tunwver of 4.43 million pesos from 5.35 million on Tuesday, dealers said. Advances Included Benguet Con B, Seafroot and First Phil Holdings and drops were registered by Atlas Con B, Lepanto148 words
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Article241 1979-11-08 4 NOV 07 Bahtt Asia Credit Asia Fibre ITS lit -4 -t Ayuthaya ln» And Trust Bangkok Investment Bangkok Bank Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban 1M »t SIS •1 -s -as Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Mf ZZ 1S3 1M -3 -4 BaU241 words
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Article397 1979-11-08 4 UNCERTAINTY over the Iranian situation and oil exports to Western nations boosted oil and gold producers yesterday, dealers said. Unconfirmed reports that Iran had cut oil supplies to the US pushed Woodbride Petroleum up nine cents to $1-95, while Ampol Exploration rose five to 11.95 and BHP 10 cents397 words
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Article44 1979-11-08 4 Tuesday Monday Week Ago una* DOW JONK8 AVERAGE INDUSTRIALS MAO Mooin Week ago ®na» 4 HJLHANG SENG Wednesday mM Tuesday 717.35 Week s«o 074.18 SYDNEY INDUSTRIALS Wednesday MMO Tuesday 860JO Week s«o 545J8 ALL ORDINARIES Wednesday «R1* Tuesday MM2 Week •«<> W&-* i44 words
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Page 4 Advertisements
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Advertisement262 1979-11-08 4 THE NEW ENERGY SAVING REFRIGERATOR w: v <<;> I !>* i' Q«j rv K II p* PiH t«j Am an a. 2'• 4(fl, engineered to save money on your electric bills. There was a time when all refrigerators were made the same way. Not any more! The new Amana 2262 words
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Page 5 Advertisements
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Advertisement240 1979-11-08 5 We are honoured to have been appointed an investment manager of the w asean > ASEAN CULTURAL FUND m I i in A s rasa ftj| > v ME rft* Bk .1 m j i j t: Official signing ceremony at Wisma Putra on Friday, 19 October, 1979. n Bumiputra240 words
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Article482 1979-11-08 6 THE Government wants a more productive labour force and this is an objective which is shared by businessmen. Union leaders too would subscribe to this for whichever economic creed one subscribes to, there is no escaping the fact that living standard is intertwined with the ability482 words
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228 1979-11-08 6 THE current state of the ruling Liberal Democratic Party in Japan is cause for some concern to Japan's friends and well wishers abroad. For decades, the country has been run neatly and orderly by a coalition of maior interest groups whose overriding consideration is228 words
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Article, Illustration918 1979-11-08 6 ROBERT REINHOLD - By ROBERT REINHOLD NYT AMERICAN census experts have detected what they believe is a dramatic drop in the birth rate in Mexico during the last (our years. The decline, word of which has caused excitement among professional demographers, is of such startling magnitude that someNYT - 918 words
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Article, Illustration610 1979-11-08 6 FRANK BROADWAY - By FRANK BROADWAY TRADE between Britain and Singapore has expanded steadily throughout the 1970s despite a modest slowdown during the recession years, 1974-76. The value of Singapore's exports to Britain rose from £34 million in 1970 to £117 million in 1978, while that of British exports to Singapore610 words
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Page 6 Advertisements
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Advertisement152 1979-11-08 6 Who needs a computer r to automate, You don't Not with ;*m4\O>' r* A v> /'T You can automate your Accounts UB) System with CPS at a one-time fee of 553,500.00. > v You do not need expensive Computer professionals to automate the AR System. e Your AR reports are152 words
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Page 6 Miscellaneous
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Miscellaneous1365 1979-11-08 6 Monster in the swamps A nUBBDAT featare ptajri by Carrie B«e4- tog, mti aad vlaes iai special thai la gaaraaAeed gna. Otepkea keglas to kaawa aalj to tk« spedal that Is gaaraateed grass. Btepkea keglas to to pafl streagiy at Ik* rely ea tke mataal lave, heart rtrtap ef tkeee1,365 words
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Article, Illustration1651 1979-11-08 7 Agencies REPORTS of a shutdown of oil exports from Iran, the supplier of 3.5 to 5 per cent of United States' oil needs, swirled through the oil industry and US Government. The unconfirmed reports immediately sent spot market prices of heating oil and petrolAgencies; AP photo - 1,651 words
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558 1979-11-08 7 AP THE British National Oil Carp (BNOC) rated the price «< its cnde til by USS2.TJ a barrel en Taeeday te a Hiiaimnm af $2SJSS, well abtve the $23.5* level set by the Organisation at Petreleom Exporting Ceutries. Other ail eampanlea aperatlngAP - 558 words
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Article795 1979-11-08 7 LEONARD SILK - FOBUMi with LEONARD SILK NYT THE problem of restraining the power of the Organisation of Petroleum Exporting Countries urgently demands a solution. Instead of growing feeble with time and 'breaking down, as some free market economists had predicted, the oil cartel appears toNYT - 795 words
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Page 7 Advertisements
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Advertisement154 1979-11-08 7 «Jae(;ek-leCoijltre» ioiICVC \tma\ Its lu't trl I« its silmth' forvou i r 4. m Zi X V trill -2 4 18! AMB Pta Lid, G-138 Peoples Park Complex NANKING Watch Daalqr G 25 Peninsula Shopping Complex CONTILG 2-3, Lucky Plaza PETER CHEW'S Dept Store Ist floor, Supreme House CORTMA Watch154 words
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Page 7 Miscellaneous
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Miscellaneous52 1979-11-08 7 T Me Too fuAY.»JG DCStc TOP Footbpcu. a Re. JohJes RND 6giSTQU) BriStoW-.-Ftank Dickens DOCR OH Tne Pioht IS THC BoyvMe DepRRTmeNT ■-o'y c 5 TMC WN BusvirJG Himseir AT TMC £»L»*JG? CRB»ti€_T Vis h€xo»tt i C9-7jD-^ otftP up to his i £Pi<?S «N PRfIcJSUORK MS W Pi LX> MG»TONI52 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article270 1979-11-08 8 NOV 06 Fre CORBEILLE Air-Llquide 45« -10 B S N Gervals Danone 810 -30 C S F ThomsonC»t) 417.10 -3.9 Cle Kraneaise •des Petroles ***** -12 Compagnie Fmanclere Compagnie 338 Generate -2 Credit Foncter De France *to -2 Hachette (Libralrle).183 unch Machines Bull ao ao -1.3 Mlchelln (B) 818270 words
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Article208 1979-11-08 8 NOV 06 Dm Aet-Telefunken 3110 -Oil Akao 23 00 -13 Alls Leben 870.00 -J Alls Vers 482.00 unch BASF ***** Bay H T Wbank ***** ■4 Bay Vbank 208 30 -I Bayfr ISA) -0.8 hut 283 OOB 4.1 RUV 181 JO -0J Caiaella SSi.au -y.D Chem Verw ***** unch208 words
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Article191 1979-11-08 8 NOV 06 Francs Actions Suisse* 28! -t Alusutsae Br 1225 unch Alusutsae Ref 410 -S Brown Bowl Br 1830 t> Ctba Or Icy Br. 1240 10 Clt* Oelgjr PC_ MS -5 Cite Oelfy Ref an unch Credit Suisse Br 2230 unch Credit Suluc Rr* 425 -3 Elektrowatt Br. 2000191 words
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Article196 1979-11-08 8 NOV 06 Fit ABN ***** unch Ahold 81 00 -1 All 20 25 40 -0 6 AMEV 93.10 -1.1 Amfas 116 20 -08 Amro Bank 67.40 -0.1 Berfoss 5300 Berk 95 008 Bols 66 00 -06 Borsumij ***** -0.5 Burhmann 58 50 -0.2 .Byenkorf 6600 -07 Calve Delft *****196 words
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Article93 1979-11-08 8 NOV 08 Fr* FORWARD MARKET Acee 10 Arbed 2225 -30 Asuir 538 ♦a Brmacan ua -M Bru-Lwnb 1650 -45 Canpac K2 -a Cock Ml ♦i De Been in i Ebe* 2100 -5 Eleclrobel 8300 MOO Ob-Inno-Bm -SO Oer 1054 12 Hobok 1900 -45 Petro sm -00 Rjrl Dutch ttm93 words
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Article105 1979-11-08 8 NOV 06 Lire Anlc 11 50 OA Assoc Oen ***** -780 Bastoci 747 JO -205 Central* 8201 -78 rial F insider Oen I mm ob 1. 1« -1.75 iri Pri 2706 •56 ItaJcemenu ***** -480 1 taigas 731 -4 Italskler 312 8 MacneU M Pf 601 -5 Marelli Ere105 words
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Article1392 1979-11-08 8 NEW YORK THE New York slock market lost ground again in light trading on Tuesday as investors moved to the sidelines to await some resolution of the tense situation in Iran. A major concern was the possibility Iran might embargo crude oil shipments to the US. However,1,392 words
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Article236 1979-11-08 8 NOV 06 c$ </- Abltlbt 18'* -4 A lean 42 •%h Algoma 2J- Bank Mont 21S -4 Bank Nova SeoUa 22 l -4 Brl) Tel ao« -4 Beth Corp BP Can Ltd HZ 36 B ruse an 2l\ -4 Camp Red Lake 25'? V Can Imp Bk 23 S236 words
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Page 8 Advertisements
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Advertisement670 1979-11-08 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices Where to wine, dine and entertain 5sT &> s For lunch. For dinner. For a richly rewarding experience. Alm Busim-wnen s I .urn. h M< >rti«»v. to Iruiav. "< "LSs lavaiß'st* Rijstafel Stiturii.iv, N.n J<r* > It) .TV,670 words
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Advertisement82 1979-11-08 8 ftM > r Merlin's New Tavern Bar It's totally new. Painstakingly furbished to create just the right ambience for you to unwind after a hard day's work, before dinner, or to round off a perfect evening. Enioy happier happy hours ffom 5.00 pm to 7.00 pm. we have The Gypsies82 words
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BANKING AND FINANCE
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227 1979-11-08 9 PROFESSOR Chiaki Nishiyama, a leading Japanese economist, proposed Japan should declare its readiness to make grandiose interventions in the foreign exchange market to support the yen through massive sales of US dollars. Professor Nishiyama said in an article contributed to the financial weekly Kinyu Zaisei Jijo227 words
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Article145 1979-11-08 9 AFP THE Central Bank of the Philippines has authorised the buying and selling with pesos of Malaysian ringgit currency notes. The Central Bank said this move, agreed upon between its governor and that of the Bank Negara Malaysia, was expected to boost trade and tourism betweenAFP - 145 words
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Article46 1979-11-08 9 A SYNDICATE of 22 Japanese banks and life insurance firms has signed a contract with the Asian Development Bank (ADB) for a 15 billion yen, 20-year loan, at an interest rate of 8.3 per cent, the Industrial Bank of Japan said as lead manager.46 words
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542 1979-11-08 9 LEE YOKE MENG - By LEE YOKE MENG TRUST fund management in Singapore could be enhanced in time to come as Yasuda Trust and Ranking, one of Japan's largest banks, strengthens its position in the Republic. The bank's representative office in Singapore, its fifth overseas base so far, was542 words
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Article382 1979-11-08 9 THE Malaysia government has made arrangement for a 12-year US$2OO million syndicated loan, the nation's second largest public Eurodollar borrowing this year. The loan's interest margin for the first 10 years is 03 percentage point over the London interbank market rate. For the balance of the382 words
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Article284 1979-11-08 9 MANUFACTURERS Jlanover Corporation (Maneorp), parent company of Manufacturers Hanover Trust Company (MHT) which is already America's fourth largest bank, will step up its expansion efforts both at home and abroad. Maneorp chairman, Mr John F. McGillicuddy, told the New York Society of Security Analysts, that the corporatign will284 words
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Article387 1979-11-08 9 BRITAIN'S EXPORT Credits Guarantee Department announced a number of changes in the cover which they provide for large export contracts. The changes include assistance to exporters' cash flow by the introduction of staged premium payments; an easing of the weight of the department's recourse requirements387 words
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Article85 1979-11-08 9 Reuter LONDON clearing banks' sterling lending to the UK private sector rose £696 million to £24.04 billion in the four weeks to October 17, the Banking Information Service said. This represents a substantial underlying rise in lending, and a number of factors were involved. ResidentReuter - 85 words
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Article78 1979-11-08 9 Reuter HELMUT Haschek, general director of the Oesterreichische Kontrollbank, said he discussed a possible US$5OO million credit to the Bank of China during a visit to Beijing. Mr Haschek said he thought prospects for the deal, which would finance bilateral trade, were good and that negotiationsReuter - 78 words
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Article175 1979-11-08 9 THE International Monetary Fund (IMF) has agreed to two purchases by Burundi and Costa Rica under the Fund's compensatory financing facility. Both purchases were necessitated by a shortfall in the countries' export earnings due to lower international prices for such primary commodities as coffee175 words
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53 1979-11-08 9 THE National Trades Union Congress (NTUC) Commonwealth Enterprise has just announced the results of the Income Bond Fund. The offer and bid prices for the Fund units are $1.22 and $1.16 respectively, with effect from last Sunday, Nov 4. The prices will hold good until53 words
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MONEY AND EXCHANGE$
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Article322 1979-11-08 9 THE SINGAPORE gold futures market yesterday closed sharply higher compared with overnight levels in very active trading, dealers said. Opening quotations were marked up sharply around US$l2 reflecting the metal's strength in New York on Tuesday following concern over the Iranian political situation and its effect on oil supplies.322 words
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Article162 1979-11-08 9 THE crisis over the occupation of the US Embassy in Teheran and reports that the flow of oil from Iran's main terminal has stopped were the major factors in early currency trading here yesterday morning. Sterling touched U552.0970/80 in early dealings compared with a late Hongkong 2.0935/55 and a162 words
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Article167 1979-11-08 9 THE US dollar for overnight delivery closed sharply firmer at 240.20 yen yesterday, compared with a 238.80 opening and 237.20 at Tuesday's close, despite heavy central bank yen-support intervention, dealers said. Trading was hectic and heavy with volume amounting to US$l.2 billion. The Bank of Japan sold an estimated167 words
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Article106 1979-11-08 9 THE YEN continued to weaken in late active dealings here yesterday, dealers said. The yen eased to U*****.35/50 from an early 239.75/85. The dollar eased against the European currencies. It slipped to 2.0935/55 against sterling from an early 2.0800/10 and an overnight 2.0790/810 in Chicago, to 1.7875/85 marks from106 words
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Article181 1979-11-08 9 Asian rates ASIAN currency deposit Interbank rates as at close on Nov 7: U8 MUrtSpat) Offer M 7 days 124o 12H 1 month 13* 13* 2 months 153/16 151/16 3 months 158/16 157/16 6 months 155/16 15V16 0 months 14* 14* 12 months 14* 14* 8w.Fr*. Dm flfUJU IN 11181 words
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Article49 1979-11-08 9 i I id by dl»count houses on Nov 7: Overnight 3% 514% Call deposits 5H% ClMiaf B-yta* Sclliaf 3 month Treasury bills 5 11/16 59/16 3 month Bank bills 8H 8 V. 3 month CD 8H 8H 6 month CD S 7 8 V, Source: National Discount Co49 words
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Article56 1979-11-08 9 AUSTRALIA/NZ exchange quotes on Nov 7: US dollar -1.0975/1.0927 Sterling 0.5298/0.5236 Ninety-day air mail buying rates: Sterling 0.5533 US dollar -1.1502 Ninety-day forward buying rates: Sterling 0.5361 US dollar -1.1124 NEW ZEALAND: Reserve bank midrate: US dollar 0.9654 Trading bank indications: Sterling 0.4654/0.4634 US dollar 0.9704/0.0604 Ninety-day airmail buying56 words
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Article462 1979-11-08 9 TRADING in yesterday's foreign exchange market was fairly mixed with the yen weakening sharply against the US dollar during the day. Opening at 238.70/90 yen in Tokyo, the dollar firmed very rapidly to 239.70/80 at the Singapore opening, up from an overnight fix of 237.60/70. Tokyo closing saw462 words
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Article22 1979-11-08 9 THE average rate ai which major Singapore banks are currently prepared to lend to their beet customers is 9.2 per cent.22 words
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Article43 1979-11-08 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $45 million 91-day Treasury bills to be issued from Nov 12 to Nov 16. Each tender must not be for less than $250,000.43 words
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Article315 1979-11-08 9 NOV 06 Rand INDUSTRIALS A Alpha 230 10 Abercom 280 AE And CI MS unch AMIC 1900 75 Barlows 190 15 Cf Sugar M0 10 CNA 350 unch Currte Finance 130 -3 De Beers Ind 1800 Ed con 43SS Edgars S300B Eve ready Fed Volk unch f"fi Z 147315 words
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Page 9 Advertisements
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Advertisement179 1979-11-08 9 s Introduce the perfect business partner at your next meeting Olympus Pearlcorder 5702 This personal, pocket-sized recording unit is perfect for the busy businessman. Ideal for dictation and notetaking; for interviews and conferences. Superbly compact and convenient, the 5702 works on fast, fingertip controls. You can record one full hour179 words
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1158 1979-11-08 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prtcci officially listed and llw la ana reported to the Stock Exchange of Singapore ytsterdny with the number of shares traded shown In brackets in lots of 1,800 unita unless otherwise specified SECTION ONI INDUBTKIAL A COMMERCIAL Acma (1348) Allied1,158 words
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Article152 1979-11-08 10 snoapou UNirnuR S'pore Growth Fund 1.1* l.lCsd (MiBifiiC prlM ikrNn 1NOOMBBOM 5 UNTT The Commerce til 2.24 (CHMt prl Mi) The Saving Fund 1.37 l.« o.» Income Bond 111 1.22 S'pore Prog Fund 0.M S pore Sec. Fund 1.70 LB S'pore Invest Fund LM 141 HAKA MOT vnu152 words
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Article2618 1979-11-08 10 1979 High Low Company Last Sale orGr'a Div Div C*vr Gr'a Y'ld Net P/E Vol ('OOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Aetna 106 123* Alcom 148 110 Allied Choc 180 133 B A T 272 296 BaU 74*4 57H Ben 2S6 185* Berjaya2,618 words
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Article99 1979-11-08 10 Striking prices at the options officially listed on the Stock Exchange of Singapore waterday, the period/mas and altered prices and tmsiw done, U any, with the number of options traded shown in brackets. C C (Dec- *2.15) (0.20B). mm €t (Dec (0.1 SB). ■aw Par (Dec *1.40) (0.14899 words
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Article91 1979-11-08 10 maß 4 8/4% 16/0/8O (250.000) (08J6B 99 05S I 5% I/S/8! (230X100) (08J0B 98.758) Ml 5/4/81 (250.000) (98.00B) (4) <250 00 (96. SOB 08.758) 0* T F 1/5/83 (250.000) (100 198) 8 1/4% T P 18/10/83 (250,000) (90MB 100.196) 6 1/4% T P 1/5/97 (290,000) (80.95891 words
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Article1223 1979-11-08 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 INDUSTRIAL* ifMMati (3.306) AIM (1.878 I MS) (1) I.K Alas Ml (1.28B)1,223 words
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LATEST RESULTS
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Article72 1979-11-08 10 announced that Its unaudited consolidated net tangible assets as at Sep 30 were 153.1 million. This Is equivalent to $1.06 per share based on the issued and paid-up capital of ISO million as against $48.7 million or 97 cents per share as at June 30. The company72 words
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Article71 1979-11-08 10 has In- creased the authorised and issued capital of its whollyowned subsidiary, Malayan Credit Investments, to (10 million from $1 million previously. The issued capital has been raised tram $1 million to |6 million. The authorised and issued capital of another whollyowned subsidiary, Malayan Credit Plantations, has also71 words
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Article108 1979-11-08 10 TRACT0B8 Mjdayria BM: AGM to be held at Hilton Hotel, Kuala Lumpur, today at 12 noon. Paa Malayan Holdings Ltd: EOGM to be held at 6th Floor, Tat Lee Building, 63 Market Street, Singapore, on Nov 9 at 10.30am. AGM to be held at The Regent of Kuala108 words
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Article, Illustration633 1979-11-08 10 WITH PBW MrnptlaoM, liTton were fMonljr aTth? StoekTSeLage'sf Btappon yerterthyr. SnuOJ the beard la Mew teaape ladleatlaaa (real the nsagkaag aaarket were far freaa eaeearagtog. After a Oat pat t^HaaflTatog A »*nr ■IMA M m ■OW BCTWy nM high, activity hegaa to waae aai pvtoee leaded tower633 words
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Article542 1979-11-08 10 PRICES retreated across a fairly broad front in dull and sluggish trading on the Kuala Lumpur stock market yesterday. Traders were generally cautious in view of the uncertain conditions overseas and they adopted a wait-and-see attitude. There was concern over the latest developments in Iran542 words
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COMPANY NEWS
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Article, Illustration819 1979-11-08 11 P. GUNASEGARAM - By P. GUNASEGARAM CONSOLIDATED Plantations, fresh from a record performance in the year just ended, seems set for another impressive showing in the current year ending June 30, 1900. Chairman Tun Tan Slew Sin says in his latest annual review that, with approximately half of the current819 words
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Article105 1979-11-08 11 Reuter THE Kuala Lumpur Stock Exchange said it will cease quotation of Consolidated Plantations Ltd shares and warrants on Dec 7 pending change in the company's domicile to Malaysia from the UK under the previously reported scheme of arrangement. It tentatively fixed Dec 19 as the last dayReuter - 105 words
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Article411 1979-11-08 11 MALAYA Glass Factory maintained its strong earnings trend of the first half to record a substantial profit rise for the full year ended July 31,1979. Pre-tax profit nearly trebled to MJ2.87 million from only $1.03 million in the previous year. Directors are, however, maintaining the dividend411 words
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176 1979-11-08 11 PREMIUM HeMtofi aaM M (irnTs2rJ*uLlMlli'l! reverie the kaiMta whereby It Ike entire etfital at TaiMM niHhp tewHtehOw tor Yardstick HeMSaga, ae> qatred via mkMary, Tamhok Estates, ewaa the h—m Estate, la Pmntaai was reptytof ta Kaala Lampar Btaek Exekaage qaeriee feOewtag Hi fallen ta176 words
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Article, Illustration441 1979-11-08 11 WKK3 by HOCK LOCK SIEW ALL IS NOT lost yet for shareholders of the highly controversial San Holdings Berhad, although what is left of it in the way of net asset backing per share is just pittance. According to the latest profit and loss account, accumulated losses aggregatedby HOCK LOCK SIEW - 441 words
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Article458 1979-11-08 11 Current Ex Booka Data Total for Total for Payaiaat Data Cloae Payable the year Previoua year Gentinga 5*1 Oct 1 Oct 11 Nov 10 5* li5* OUK 5%I Oct 25 Nov 5 Nov 12 5* A HUm Rob 20*(b) Oct 28 Nov 8 Nov 14 20* 15* Benta458 words
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Article121 1979-11-08 11 Company Particular* Ex Data Books Close Keatjw SKA Corp Taaeriofe Fancy Til* MUIad Pub Text Sap Corp Bonus Issue of 1 for 4 Bonus Issue of lfor 1 Bonus Issue of 1 for 1 Rights Issue of 3 for 2 a f lJDpershare Bonus Issue of 4 for121 words
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Article214 1979-11-08 11 Date La st Fall Yea ir CMBpMy rcnN ■■fifii Net EPS GrMfl Pie tax last year <«■*> Dlv. Preflt Mai Bank <%> <m») F 23/9 28.6 17.5 25,742 Sea View F 30/9 282L Msia Rice I 9/10 4.0 228 C Sugars F 9/11 30.1 15.0 5,793 Pahang Cons214 words
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Page 11 Advertisements
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Advertisement232 1979-11-08 11 tour Problem In Obtaining Quality Steel Dnans. rv We at Imperial 45 Container* Pte. Ltd. are able to answer to ail your needs and requirements pertaining to steel drums. We have the expertise, technology and are able to produce 4 drums per minute. If your difficulty is in getting a232 words
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225 1979-11-08 12 AFP THE Malaysian government yesterday categorically denied a Bangkok report that the Association of South-east Asian Nations (Asean) had agreed to hold a defence ministers' meeting soon. The report, quoting a Thai government spokesman said the meeting was to seek ways ofAFP - 225 words
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245 1979-11-08 12 VOLVO has set up its first Far East parts distribution centre in Singapore. This was disclosed yesterday at the official opening of Volvo South-east Asia Ptd Ltd. Company executives said the turnover of the parts business is expected to be about $10 million in245 words
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Article330 1979-11-08 12 Reuter THE split in the Japanese Liberal Democratic Party is so wide that it is expected to prevent an early formation of a new cabinet, political sources said. To maintain some unity, the new cabinet will have to contain members of party factions from rival,Reuter - 330 words
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375 1979-11-08 12 THE FIRST concrete proposal originating from the private sector for the manufacture of products on an Asean regional complementation basis was presented before senior Asean government officials in Manila yesterday. The Committee on Industry, Minerals and Energy (Coime) set up by the Asean Secretariat375 words
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511 1979-11-08 12 THE Malaysian national oil company Petronas will have full-fledged downstream operations by 1984, its managing director Mr Rastam Abdul Hadi said yesterday. By that time, the company should have two refineries and a complete transprat and retail network in the country. After abandoning the511 words
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Article101 1979-11-08 12 AFP. THE first Chinese-spon-sored foreign advanced technology seminar and equipment exhibition is scheduled to be held in Guangzhou from Nov 21 to Dec 4. Leading international companies are expected to exhibit their products. A series of seminars on advanced technology will i.,14 1 M DAFP. - 101 words
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Article, Illustration221 1979-11-08 12 THE Isbsar ■iTwiil bi Is dtattagalah dearly sad eanfslly the real It* betm isterest treat attractive bat k problems la the next decade will take ea 1— sabtte fonns". "Prehtana ahead will be (seed la the past. Preteatta niun aad the (Mai aad221 words
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Article, Illustration337 1979-11-08 12 Reuter AYATOLLAH Ruhollah Khomeini has not halted Iran's oil exports to the United States but will consider doing so if the United States does not agree to extradite the deposed Shah, a spokesman for the revolutionary leader's office said in Teheran yesterday. TheReuter - 337 words
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Article727 1979-11-08 12 LONDON. Wed. Share price* moved lower on oil supply worries while government bonds shed up to a point following banking figures pubtished yesterday, dealers aald. They noted that moat prices were up from the day's lows after a small amount of bargain hunting at the lower levels. Thorn727 words
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129 1979-11-08 12 Reuter. TAIWAN will become a full-fledged industrialised country in the coming decade, Mr Yu Kua-hua, chairman of the Council for Economic Planning and Development, said yesterday. "We have enough potential to develop knowledgeintensive industries in the years ahead," he said. To achieve theReuter. - 129 words
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Page 12 Advertisements
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Advertisement141 1979-11-08 12 HONG lEONGHNANCE LIMITED (Incorporated in Singapore) ANNOUNCEMENT RIGHTS ISSUE OF 17,325,000 NEW SHARES OF Stt.oo EACH AT A PRICE OF 551.60 PER NEW SHARE ON THE BASIS OF THREE NEW SHARES FOR EVERY FOUR SHARES HELD The Board of Directors of Hong Leong Finance Limited hereby announces that by the141 words
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Advertisement268 1979-11-08 12 Leader... P*ge I ?[/=&$@<]&').<(*}.:!(>*=`;@_+}` l^r. mprn *■<» mm .j** ■< mm* *>» iK M HP %i. r >, If you are an offshore company, a hotelier or an investor looking for an unique opportunity the Dari Laut will probably meet your requirements. The Dari Laut has been operating as a268 words
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Page 12 Miscellaneous
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Miscellaneous61 1979-11-08 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers after midday. Report for 24 hours prior to Ml p.m. on Nov. 7 at the airport. Maximum temperature 32.0 Associated humidity 59 Minimum temperature 23.5 Associated humidity 100 Hours of sunshine 5.95 Rainfall in millimetres 0.6 Total rainfall61 words
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SHIPPING TIMES
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PORTSIDES
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Article103 1979-11-08 13 Reuter. A CONSORTIUM of three Japanese companies has won an order from the Keydril Company of the US for a semi-submersible oil drilling rig with the maximum boring depth of 25,000 feet (7.6 km) for completion by September next year, Mitsui Engineering and Shipbuilding said. No details onReuter. - 103 words
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Article107 1979-11-08 13 Reuter. CHINA has said that the master and seven officers of a Panamanian freighter had remained in the country to "settle matters" after the ship ran aground off Hainan Island last month. The Xinhua news agency said the 7,000-ton Moshahr, chartered to the Bangladesh Shipping Company, drifted offReuter. - 107 words
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Article55 1979-11-08 13 Reuter. THE PHILIPPINE government has decided to impose a fine of 1.1 million pesos (US$160,000) against the refugee freighter Tung An for bringing in more than 2,000 Vietnamese refugees last December. The ship's master and 17 crewmen had earlier been acquitted of criminal charges of violating immigrationReuter. - 55 words
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Article646 1979-11-08 13 RAHIM KASSIM - By RAHIM KASSIM THE SINGAPORE National Shippers Council (SNCS) will meet a Far Eastern Freight Conference (FEFC) team on Nov 16 to discuss proposed changes to the six-year-old formula for calculating the currency adjustment factor (CAF). The fixed formula, evolved in 1973 after consultations between646 words
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Article208 1979-11-08 13 AP. SHARP rate Imkum were recorded m Ike Lwiw freight market m Tiwfay fer Nevemker grata Men warUag tke traas-Atlaatlc trades, parttealarly emaaattag tram tke 18 Galf. Imprevemeats were Bated la all teaaage riae categories. At tke lewer ead, tke 14,MUea midNevemker leader faalag seeared UBW (He) farAP. - 208 words
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257 1979-11-08 13 AMERICAN President Lines has inaugurated a new transcontinental rail link in the US that promises to provide a rapid and consistent service to Asian ports. Loaded with containerised cargo for export, the new "Linertrain" arrived in Oakland, California, on Oct 31 just257 words
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Article156 1979-11-08 13 SINGAPORE shipowner Universal Steamship did not sell the 15,175-dwt Freedom-class cargoship, Unilion, clarified Mr Lakhbir Singh, a director of the company. He said the company recently negotiated with Greek interests on the London second-hand market, but the proposed sale was not completed. The vessel is currently on156 words
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1705 1979-11-08 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World v 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 Fort1,705 words
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Article986 1979-11-08 18 r 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 the986 words
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684 1979-11-08 18 AFP. THE LONDON freight market went from strength to strength last week, with new peaks registered in the Great Lakes grain trade and five-year highs paid out of the US Gulf. Noticeably, as charterers turned more and more to the period market,AFP. - 684 words
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393 1979-11-08 18 TEN of the 39 ships that were brought out of lay-up in September were candidates for scrapping, reports the Institute of Shipping Economics in Bremen. In its latest publication of shipping statistics, the Institute says this trend to scrap ships in lay-up is393 words
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Article547 1979-11-08 18 Shlpptag Line Page C«l ACS n 5 Afea IV 3 Alfred V 2 Alpac IV 5 Angkutan V 4 ANL I 1 APL m 2 Arya Nat V 1 ASCL m 1 Asia America n 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank m547 words
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837 1979-11-08 18 ORIENT EXCHANGE THE FREIGHT market in South-east Asia is very active. Large tonnages are moving and respectable tonnages are available for fixing. Vessels coming off charter are generally prefixed so that not even one hour is lo6t to owners in the changeover. Jakarta has continuous837 words
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Article271 1979-11-08 18 Reuter. THE Interaatieaal Aasedattea sf ladepeadeit Tuker Owners (latertask*) said tkat aitkeagk the wirii taaker market kas skewa mom improvement recently, a ceattaalag sustained reeevery depeads keavlly en fa tare all prices aad tke prespecte d curbing inflatleu. latertaaks ekalrmaa Sir Yaekeag Paa said after aReuter. - 271 words
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Article, Illustration517 1979-11-08 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Caribbean Star 1 (after Sam Bong) 40/41 Christian Maersk (after Asahan A Popi P) 33/34 Chicago Mara (0600 req. Portside to) 31/32 Chosei Maru (Ro/Ro) (2200) 46 Dan Yang (after Tadeusz Ocioszynski) 38/39 Golden Eastern (0600 after Eastern Liberty) 23 Gerbera (ro/ro)517 words
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Page 13 Advertisements
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Advertisement341 1979-11-08 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs the SCRAPYARD for scrapping or making a CONVERSION consult PIRAEUS MARINE SINGAPORE PTE LTD I RI) INI A I All r Orient Overseas Ca*Uci*teA Line MERCATOR 1411 ORCfTAL QKF 17* S. SEAS BUS 24* I2S/12 Calling Bremerha»en after341 words
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Advertisement345 1979-11-08 13 sa® JSI SEALORD LU ANTAf I H m UASC UNITED ARAB SHIPPING CO (SAG) GULF |,J WEEKLY MULTI-PURPOSE SERVICES loading tor Dubai (20/11). Abu Dhabi (23/11), Doha (26/11). Dammam (29/11), Kuwait (2/12) Al Jubail (29/11), Dammam (1/12), Kuwait (4/12), Dubai (7/12) Dubai (16/12), Abu Dhabi (19/12), Doha (22/12), Dammam (25/12)345 words
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Advertisement514 1979-11-08 13 NEPTUNE ORIENT LINES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE £■"2® ,0,, M S 15 Not 17 No, L£K2" 21 No. 22 No. 27 No. 28 No. 0 CKF 4 Dec sOk HJL CONTAMER 90k 10 OK C CONTAMER UOk 9 Hwre Rtfam f Hot* H'b»r| Brem Awerp I 30No*514 words
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Advertisement746 1979-11-08 13 JAPAN/SINGAPORE SERVICE See Page IV Column 3 for Sailings w m Agenu KYOSEI AGENCIES (S) PTE. LTD. MARKETING 9111?? GENERAL *****1 A M EURO ASIA lINE SON BHD MAERSK LINE for US Pac*c, Paote Nortt ftost GMt I Atlantic. East Canada and Meuco (Also accepting Mr Honftont Taiwan, tapan and746 words
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Page 14 Advertisements
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Advertisement1019 1979-11-08 14 p Hapag-Lloyd FULLY CONTAMEtQCD TO EUROPE Kanativi Mam 10/11 30/11 2/12 29/11 5/12 Nonftont E«pr«» 12/11 3/12 5/12 6/12 8/12 BenaMtr 28/11 21/11 11/12 13/12 14/12 16/12 Hw*w|Eipfts 26/11 28/11 17/12 19/12 20/12 22/12 «/12 27/12 29/12. 30/12 1/1 Owkjßir 5/12 23/12 26/12 (1/1) ImtrpMl Bay 10/12 28/12 31/12 1/11,019 words
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Advertisement537 1979-11-08 14 4> nan upi j -xJ J a t i c Jj.mll < Algerian Natior ,»l I me WtST BOUND FU EMI STOIC BBKRA (1979) II Nov BECHAR (1978) S DM P.KLANG LOADMG FOR 22 Nwt Bombay /Stt«/Vatencia/Tim/ Mpr 7 Dec Ltftor n/S«t«/Viltncsa/Tunß/ Btl ASKS (1979) 15 Dk 18 Dec Ltftor537 words
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Advertisement263 1979-11-08 14 EVERGREEN LINE L fAR FAST FUROPf F XPRf SS Ull I CONTAINFR SFRVICF ACCEPTWG CARGO FOR: HAMBURG. FELIXSTOWE ROTTERDAM. ANTWERP IE HAVRE ALSO ACCEPTWG CARGO FOR: UWmD KWGOOM SOUTHAMPTON. LONDON. MANCHESTER. BHMNGHAM. BRISTOL. LIVERPOOL, GLASGOW. LEEDS WEST GERMANY wwmm~ HOILAND AMSTERDAM Emt MU 13 Mm 40k CDk »DK 110k 11263 words
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Advertisement946 1979-11-08 14 > I I a i V Everett Lines Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE LOAMNG FOR RANGOON S'pm PMa ta HTONEYWA PAGAN N-M B.F S.S.C Aotnfi in AAoioyvo TEPS MALAYSIA Poft Kalong T«1(38V7355 Peoong Tel *****/***** Compania Argentina Da K7\> Navapacion Intarcontinantal S. A. C.I. F. Jf y946 words
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Advertisement742 1979-11-08 14 smrruiu liinEiO, muraaa fWKI 1 80.5. E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHFNTON WAV MISTR! ROAD SINGAPORE 2 TEL *****44 7 *****70 SANKYO LINE AUSTRALIA SERVICE P. Kttanf Sngapore Loadtof tar: 14/16 Nov 11/13 Nov SVD. MEL t/10 Dec 11/12 Dec SYD Id.742 words
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Page 15 Advertisements
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Advertisement858 1979-11-08 15 Jim IIIU lilTlLiOt II1U19UOJ) iIVfCUIUCI O) iflf Overseas B IB Containers Vimm Limited Weekly service to/from UK/Europe To UK/Continent liowgKong Eiprtsi 11 Nn Btnaider 20 Nn Hato| Eiorm HNn Benawi Ok Osaka Bar Literpool Bey Tokyo Bay 17 Ok T«too Eiprns 1) Dec c«a(w fu» HW| Sport f KiUnf O'mart858 words
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Advertisement841 1979-11-08 15 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE Granard Shipping Agencies (S) Pie Ltd Tel *****77 (5 Lines) Dm s Trading Sfln Bhfl A;/J Shipping Trading Enterprises Franco Belgian Services f AW AST f WINCH SIKVICf M»-b*r Of AL£ CUNSOH TioM> BUIiIAN fAH f ASTt MN I Fill CONTAHBHP SPRUCE TO EUROPE SINGAPORE841 words
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Advertisement778 1979-11-08 15 [Tr* BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE T*»Bay 12/12 VI 7/1 31/1 T*o Eiprtu IVI2 VI 11/1 12/1 14/1 V Mha Say 22/12 1/1 11/1 12/1 14/1 IV Km*i Mra 2V12 »/U IVI 24/1 21/1 2VI 14/ mow EIRMPE H BURG BHAVEN RDAM HAVRE SOTCM W GtrmanyAustria Benthu778 words
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Advertisement672 1979-11-08 15 Scan Dutch V 1) Ganaa lagKorn 2) Aa«tmitm Wwi Li Nawe. Ma task Stor In**** U A Canary Mw* 3) Bwr Iraaarkaua. Hilsiafc 4) KM. Stoc»»oa 0* EASTBOUND from med/uk/nc/scanpinavia 1) G but 2) tfbwt 3) IMO 4) rum 5) LaH 0 KB Kin hM UM hM SM hM Mri672 words
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Advertisement589 1979-11-08 15 BOUSTEAD AGENCIES > THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA A VESSEL (Reunion Durban Ctown Pt Eta. London) Sport 10/13 tot P torn* LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) SM|aporr P. KtUnc Kuantan US Gif STELLA LYKES (tod» I toads) 17/20589 words
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Advertisement929 1979-11-08 16 KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA fhbcr vraas* n v Mono cms w us ny Mi In 13 bM 1/11 t Gate Mp 22/11 2/12 I tot* Mp 25/11 6/12 J*en Mtm 27/11 21/12 Bmafa H 11/11 14/11 YaMttiMm 21/11 7/12 MtaMn 31/11 11/12 i#»JMrate 27/11 21/12 Ace 13929 words
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Advertisement586 1979-11-08 16 £.C./GREAT LAKES SERVICE 10A0MG ft* «W TOM. NOMOU. MONTKAL TCMRTO. ASHTAMAA CAUFORMA/PACFIC NORTH WEST SERVICE l«*| tar lot wean. SMI FRANCISCO. SEATTLE. TACOR*. (MCOWO I C EXPRESS CMTAKA/CMVEJffIOML/ REEFER SERVICE 29/30 Dk 31 OK/ IMi2/ 3 1M 1/2 Feb 3/4 Fab 5/6 Feb AUSTRALIA SERVICE OUHMtt 10MME FOR PtWf P586 words
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Advertisement506 1979-11-08 16 o 9 A(ii'oii|) SINGAPORE SHIPPING AGENCIES PTE LTD rtiH f vocn oct AN BUILDING S>NGAPO«I I MAP»fTiNG 9"1, V '3 LINES' GfNC«i 9' 3' "i' I 'N€ Si TELf« BS 2459 1 f<S .5«.68 A B CARSH P «CABLf CA"GOSHiP Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK DSRLINES^ [j HONG506 words
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Advertisement694 1979-11-08 16 a MA I *rS'A\ INTtHHATtONAL SHIPPING COP POP* TK>* BEPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SC ANDINAVIA 1) Barcelona Genoa. 2) Amsterdam Antwerp LHavre. Bfwwlmw, AirtHn, Copenhagen IWmlu 4) Mshno Stoc •Accepting (iirayt c*r(o tor feeder m S port EAST BOW®: Mb* Bask. UK. 3) Bremen. M«. Oslo EXPRESS CONVENTIONAL694 words
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Advertisement656 1979-11-08 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Roao Smqapore 9 Telephone *****11'*****57 77 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE NORASM N857 NORASM Wffl {'part P. Katant 12 Nav IS Mn 30 Nn 3 Dec Boulogne Antwerp' Avon Tilbury Rotterdam/Avon /Tilbury ncapare KTRASEA (PTE) LTD *****11 BOOK KG *****57 Laapw656 words
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Page 17 Advertisements
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Advertisement500 1979-11-08 17 GULF SHIPPING LINES MJSTMU* CONTMNER SERVICE Mrfant Sport ETA HD LOAD* F0«: StMBBMU V.S IS Doc It Dk SyftttY/Matana/Adataida (Acceptinc carp Iran HaweM/Ced* hi contMxn FCL/IQ.) General Agents Gutffi3St SllippVlg PtC Ltd Suite 704/706. Ocean Building, Coflyer Quay. Singapore 1. Tel: *****3 (10 Lines) Booking Agent: K. Lumpur SEGANI SON.500 words
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Advertisement362 1979-11-08 17 golden line rQ£>\ GUAM MM SMPfINC (PTE) LTI a la® ath swn. mrai i. hl mm (is uo> 1 mm umpv ami. p. utm *7*l. nm« xmm W uo» m M m mn STRAITS/PERSIAN GULF SERVICE: S pan P Mmi Penam GQUO OTT Data. Iml Karachi. 11/15 Nm MUBUMBItank IS/20362 words
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Advertisement373 1979-11-08 17 inTERmcDAL mflLflasifin SHiPPine Line son. bhd. OfNTAI P,A/A AS PAWfc- y *u*i* T £l 4M*i *4 4 'Kf Bi'Nt MA 31C?4 STRAITS/EUROPE SEMI-CONTAINER SERVICE P.SMm| !»n Pitta) Nm| Loa*«Far NMD GOOMU. (1-7) M Ite/ltoi/N KGB mom (l it) SU SU SM SU Um/mrni KBS CtfTNN (l-ll) tart -OtFAR EAST/STRAITS/EUROPE SEMI-CONTAINER373 words
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