The Business Times, 24 October 1981

Total Pages: 14
1 14 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 SATURDAY, OCTOBER U, 1181 60 CENTS
    11 words
  • 647 1 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah yesterday proposed a M 531,951 million budget for 1982 which is nothing less than an all-out frontal assault on the economic problems facing his country. The basic thrust of the budget strategy, the finance minister told the Dewan
    647 words
  • 398 1 IN KEEPING with what he described as a "countercyclical, definitive and purposeful" budget, Malaysian Finance Minister Tengku Razaleigh Hamzah offered an elaborate basket comprising tax and duty exemptions, incentives and subsidies. The underlying strategy of the 1982 budget presented yesterday was plainly clear to accelerate
    398 words
  • 256 1 MR DEVAN Nalr wm onaalmmuly elected President of the Repablic of Singapore at yesterday's parliamentary 4ttiag. Prime Minister Lee Kua Yew, who moved the election yesterday, told Parliament that becoming President did not mean Mr Nalr had to be quiet aad Maad. He said that
    256 words
  • 197 1 FOUR Japanese banks here are putting together a $40 million syndicated loan to finance the 30-storey Harbour View Hotel, located at the edge of the Shenton Way banking district. The hotel is to be built on a 5,000-square-metre site at the corner of
    197 words
  • 344 1 THE maximum fine for taking part in, as well as instigating others to take part in, an illegal strike has been increased. Parliament yesterday passed the Trade Disputes (Amendment) Bill, which raises the fines from $500 and $2,000 respectively to $2,000 and $5,000. In his speech
    344 words
  • BRIEFLY...
    • 61 1 Reuter WASHINGTON, Fri. Price increases in almost every sector of the economy pushed the US annual inflation rate to 14.8 per cent during September, the third straight month of two-figure inflation. The resurgence in inflation is bitter news for the Reagan administration which has been counting on a
      Reuter  -  61 words
    • 72 1 Reuter WIESBADEN, Fri. West Germany's foreign trade surged back into a surplus of 3.5 billion Deutschemarks in September after a disappointing deficit of 55 million marks in August, giving new hope of an economic recovery. Financial analysts said the new figures underline the strength of West Germany's exports
      Reuter  -  72 words
    • 63 1 AFP MOSCOW, Fri. This year's Soviet grain harvest is shaping up to a disheartening 170 million tonnes, 30 per cent below target and a figure that implies major food problems ahead. Provisional reports reaching the Ministry of Agriculture confirmed that the 1981 crop would be bad and said
      AFP  -  63 words
    • 63 1 UPI POLAND, Fri. The Solidarity union leadership today called a onehour nationwide strike for its 9.5 million members for next Wednesday to protest the "disastrous" economic situation and harrassment of Solidarity by authorities. The strike .resolution, passed by an overwhelming majority of the 107-member National Commission, also called
      UPI  -  63 words
    • 78 1 Reuter JAKARTA, Fri. A leading American timber company has decided to sell its share in a 610,000 hectare concession in Indonesia and leave after 10 years of profitable operation, mainly as a log exporter, a company spokesman said today. The spokesman for Weyerhauser Far East Limited, said the
      Reuter  -  78 words
    • 68 1 Reuter JAKARTA, Fri. Indonesia, which imported a record of more than 700,000 tonnes of sugar this year, hopes to be self-sufficient after 1983, with the construction of new sugar mills and rehabilitation of old ones. Mr Pang Suparto, Director General for Plantation at the Agriculture Ministry said that 18
      Reuter  -  68 words
    • 72 1 AP CANADA, Fri. There will be a .the world's oceans despite indifference by the Uniled States to parts of a proposed package, Alan Beesley. Canada's ambassador to the International Law of the Sea Conference, said. He said the Americans object to provisions governing deep-sea mining and the transfer
      AP  -  72 words
  • 405 1  -  By WONG AI KWEI THE Economic Development Board is sending another investment promotion mission to Japan next month. The six-member team, comprising EDB chairman Ngiam Tong Dow, deputy director Ng Pock Too and the EDB "Japan Desk", will hold two investment seminars there. One
    405 words
  • 353 1 THE RELEASE of Central Provident Fund savings to its members under the second phase of the CPF housing scheme in January next year will be the catalyst needed to reverse the downtrend in property prices. This is the view of a Jones Lang Wootton property consultant, Mr
    353 words
  • Page 1 Advertisements
    • 227 1 +=>(>*`:%!=]=;/%=;[[}|,&/!%\%__ qcbk: SUPREME Corporation could have done better in the year ended June 1981 had it not been for the increase in interest rates and the continued depression of the commodity market Page 12 THE watchword in the insurance industry now is caution, said the chairman of the Institute of
      227 words
    • 174 1 This includes Olympic competitive scoring, pretty girls and golf clubs. That's why Lynx named its newest, hottest model golf club'lo'. These new-design woods and irons were created expressly to commemorate the Company's 10th anniversary. The Irons. When it comes to distance control and accuracy. '10 Irons meet the exacting standards
      174 words
    • 0 1 =,^&!,-`='=',=~?&=~>~$][>\!,*=.
      0 words
    • 3 1 See page 3
      3 words
    • 68 1 The Straits C TE Times Activities. Key Personnel, DIRECTORY Agencies Of Singapore (Buku Merah) r\* r7 STANLEY LEASINGHAM At the Clare Leasingham Valley, nature conspires with man to produce a vintage. Rich grape juice left to mature and magically transforms into wine that's mellow and smooth to taste. STANLEY LEASINGHAM
      68 words

  • BANKING AND FINANCE
    • 680 2  -  DANGERS OF BLIND UNDERWRITING By LEE YOKE MENG THE WATCHWORD in the insurance industry now is caution, according to Mr H G Merriman, chairman of the Institute of London Underwriters. Mr Merriman, who spoke yesterday at the General Insurance Association's CGIA) quarterly lunch meeting, advised
      680 words
    • 205 2 A FURTHER realignment of currencies in the European Monetary System (EMS) is likely to be necessary within the next 12 months, says Financial Digest, issued in New York by Manufacturers Hanover Trust Company. The reason, it says, is that the recent realignment achieved far less than
      205 words
    • 39 2 JAPAN'S gold imports, excluding coins, rose sharply to 8.33 tonnes in September from 5.46 tonnes in August. Imports in the first nine months of 1981 totalled 97.79 tonnes against 31.8 tonnes in the whole of 1980.
      39 words
    • 285 2 SINGAPORE Nomura Merchant Banking reported significant growth last year in spite of the uncertainty in the world economic and political climate. The merchant bank lifted its profit before tax by 122.5 per cent to 12.32 million last year. Net profit after taxation increased by over 100
      285 words
    • 383 2 Reuter WORLD BANK president Tom Clausen will visit Saudi Arabia in the next few days following a Gulf tour that brought the promise of more money for the bank from Kuwait and the United Arab Emirates (UAE). Mr Clausen will meet Finance
      Reuter  -  383 words
    • 894 2 INCREASED net interest income was the primary factor in the upturn of Ckaae Maakattea's third quarter earnings. Chase said net interest income rose 14 per cent during the quarter to US$52B million from the same period last year. It reported its net income after securities transactions rose to $114
      894 words
    • 222 2 BANKAMERICA Travellers' Ckeqaes kx MM lew ywHwl claims ud refud eeatre la Lmh daa (a Its waridwtde aetwarfc sf easterner refaad aatleta. Aaaaaaclag tke aew centre, Jtki Naektriek, presMeat af BA Ckeqae Carparattaa, said It Is laeated la tke Baak sf America BaUdiag at
      222 words
    • 268 2 FRENCH commercial banks' base rates could fall to 14 or 13 per cent in the next few months from the present 14.5 per cent, Finance Minister Jacques Delors said. He told the Senate's Finance Committee be opposes setting up a two-tier system in France
      268 words
  • MONEY AND EXCHANGES
    • 22 2 THE average rale al which major Singapore banks are currently prepared to lend to their best customers is 15.27 per cent.
      22 words
    • 178 2 ASIAN ASIAN currency deposl Interbank rates as a close on Oct 23. U8 DoU«j*<Spot> Offer Bid 7 days 15 7/1# 155/1# 1 month 1513/*****1/18 2 months 16 15H 3 months 107/16 165/16 6 months 1611/1616 0/16 9 months 16* 16* 12 months 16* I6h Swjfri Dm 1 month 3 months
      178 words
    • 48 2 RANGE of price* offered bjr discount houses on Oct 23: Overnight: 4W% to 7% Call deposits 4*% to T% CVMU« Bsyisf Scllisg 3- month Treasury bills OH 8H 3-month Bank bills 14 131« 3 months CD 13H 13W 6 months CD 13M 13* Source: National Discount Co
      48 words
    • 51 2 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from Oct 28 to Oct 30: Offered: $120,000,000 Applied fer: $213,000,000. Allotted: $120,000,000. Accepted Ms: $96.36 approximately 64 per cent and higher bids in full. Avenge rate d diseeut m allotment: 6.565 per cent per
      51 words
    • 48 2 Banknote rates yesterday US 5 96 5 98 UK 10 80 U 00 Burma 1 50/2.50 India 5. <0 '5.80 Indonesia 0 90/096 Japan 2.58/2.57 Korea 0.82/0 92 Philippines 0.715/0.735 Singapore 2 855 2.885 Malaysia 2 586 2 606 Brunei 2.81/183 Thailand 25 90 38.30 Taiwan -14.90/1510
      48 words
    • 413 2 THE US dollar yesterday closed slightly firmer against most major currencies after fluctuating marginally in quiet late trading on the Singapore foreign exchange. Against the Singapore dollar, the US currency opened slightly lower at 2.0895/0905 compared with 2.0905/15 overnight. However, it firmed subsequently on commercial buying to close
      413 words
    • 304 2 THE dollar in London yesterday eased slightly in early trading from opening levels against the major currencies, but the market was basically trendless and activity subdued, dealers said. They attributed the movement to end of week position-squaring and a view that Thursday's bidding up of the US unit was
      304 words
    • 242 2 SINGAPORE gold futures yesterday turned weaker in the afternoon on lack of interest after a firmer opening, but the market still closed higher on balance compared with overnight levels, dealers said. Trading was thin throughout the day with total sales for the day recorded at 88 lots while kerb
      242 words
    • 38 2 New York 912B 9 038 9.22S 9 23S Zurich 803B 9.0CB 9.23S pu MS Singapore FTl 9 (KB xwv 8.968 9 25S 9.15S Closing pricva In US dollar* a troy ouno t. Source: Credit Suisse, S'pore.
      38 words
    • 140 2 THE US dollar (or overnight delivery In Tokyo yesterday closed firmer at 233.50 yen after opening at 233.10, dealers said. This was also firmer than the 232.70/ SO close in New York and on the US West Coast on Thursday. It compared with the previous 234.06 finish in Tokyo.
      140 words
  • Page 2 Advertisements
    • 38 2 Jm SKLLED WORKERS Experienced tradesmen available for short or long term hire. Solve that production peak, installation or maintenance problem now. Pay only for the time you need. *****51 THKNISKIL (PTE J LTD Offices in Malaysia Brunei Indonesia
      38 words
    • 237 2 from The OPEN TfimilirDCTimr ks at enc °ura9B constructive UlllVfaTUjlX X discussion 50 ih** the non-specialist will be able to influence the HKKNK development of the computer and JkJLUJMM its pattern of exploitation. THE FUTURE WITH MICROELECTRONICS by lann Barron and Ray Cur now Within the next five years microelectronics
      237 words

  • TRADE AND INDUSTRY
    • 405 3 SOUTH-EAST Asia is one of the most exciting areas in the world for the offshore drilling industry, said Mr John Laborde, chairman and chief executive officer of Tidewater Inc, here yesterday. Mr Laborde said he is in Singapore "to introduce a company you might or
      405 words
    • 127 3 A FIVE-WEEK course on corrosion control jointly organised by Ngee Ann Technical College and Blastkoke will be held in early November. The course aims at providing theoretical and practical knowledge of corrosion control to those facing the corrosion problem in the marine and related industries. Topics include the
      127 words
    • 424 3 aa immmi ALMOST half of the HUDC applicants who have paid their $18,000 deposit will be allocated flats in 1962, while the rest will be allocated in 1963. There will be 2,045 applicants in the first allocation, out of the 4,343 applicants who have paid the
      424 words
    • 371 3 THE PUBLIC Utilities Board has installed an $8 million computerised System Control Centre at Ayer Rajah to monitor power transmission and generation. This was stated by the minister in charge of the PUB, Dr Tony Tan, in response to queries about measures taken to prevent power failures. The
      371 words
    • 412 3 A PRODUCTIVITY enhancement team has been formed to study and recommend ways of improving productivity within the Ministry of Labour. This was disclosed by the Parliamentary Secretary (Labour), Mr Eugene Yap, in reply to a question from the MP for Buona Vista, Dr Ang Kok Peng, about measures
      412 words
    • 347 3 ABOUT 41 companies and individual businessmen here have formed a credit management association to facilitate the exchange of information on difficult debtors and improve debt collection procedures. The Singapore Association of Credit Management said in its inaugural statement yesterday that it hopes its activities will help
      347 words
    • 186 3 SINGAPORE and Finland yesterday signed an avoidance of double taxation convention. The Commissioner of Inland Revenue, Mr Hsu TseKwang, and the Ambassador of Finland, Dr Risto Hyvarinen, signed the convention on behalf of the two countries. Mr Hsu said the provisions of the convention are designed
      186 words
    • 393 3  -  BY AGNES WEE TWELVE companies have received a total of 110 hectares of land under the third phase of the development of the Ponggol Pig Farming Estate. This is part of a restructuring of the pig industry in which larger and more viable pig farms are
      393 words
    • 222 3 DYNASTY Hotel is spending about 1200,000 to install a private automatic branch exchange (PABX) system. The system is developed by Northern Telecom, the largest Canadian telecommunications products manufacturer. The Singapore branch of the company, Northern Telecom (Asia), is the Asian regional office for sales and technical
      222 words
  • Page 3 Advertisements
    • 94 3 DATSUN/NISSAN Test-Drive the NISSAN STANZA and experience performance... like never before! of nS^ ?e > *5 M Test drive the Nissan Stanza today and you'll discover its responsive handling, confident cornering, stability and pampered riding comfort.To top it all, you'll receive a FREE NISSAN STANZA T-SHIRT (while stocks last) and
      94 words

  • OVERSEAS
    • 408 4 AP A SMEAR campaign to scare tourists away from Hongkong has alarmed and angered officials. The anonymous attempt to tarnish the image of Hongkong coincided with warnings by tourism officials that Hongkong could lose' its reputation as the "Pearl of the Orient"
      AP  -  408 words
    • 154 4 AFP THE United States will soon ask Japan for cooperation in maintaining the trigger price mechanism for steel products. Quoting government sources, the Asahi Shimbun newspaper said the request will be made when US Commerce Secretary Malcolm Baldrige meets Mr Rokusuke Tanaka, Minister
      AFP  -  154 words
    • 831 4 AFP THE MALAYSIAN economy has done fairly well this year despite a slowdown in growth in the face of world recession and a decline in commodity prices, according to the Finance Ministry's economic report for 1961. The report, providing the background to the
      AFP  -  831 words
    • 210 4 AFP GROWTH of Malaysia's external trade is expected to slow this year. Total external trade is expected to reach M 555.82 billion an increase of only 7.9 per cent over the previous year, as against the growth of 25 per cent in 1960 and 34.4 per
      AFP  -  210 words
    • 318 4 AP AM ERICA'S nattoaal debt pHwd the US$l trllltoa mark m Tbanday, Treasury Department stßdals confirmed. Bat that aekaewledgemeat eame with little faafare, becanse "It's ■at aa lssae fer celebrattoa," said spstos—aa MarUs Fltswater. He acted: "This admlaistratles Is eammltted ta lewertag
      AP  -  318 words
    • 235 4 Reuter A FILIPINO banker has said that businessmen in South-east Asia must show more willingness to help each other if they expect their regional economic projects to succeed. David Sycip, president of Rizal Commercial Banking Corporation of the Philippines, said: "There is need
      Reuter  -  235 words
    • WORLD IN BRIEF
      • 391 4 Agencies MOBIL Corp has confirmed Nigerian newspaper reports that its subsidiary, Mobil Oil Nigeria Ltd, had discovered an offshore oil field with estimated reserves of one billion barrels. A Mobil spokesman said further drilling will be needed to confirm the extent of the reserves in the area known
        Agencies  -  391 words
    • 493 4 AMERICAN Defence Secretary Caspar Weinberger said in London on Thursday that US nuclear policy had not really changed since World War n and that there was no change in Washington's attitude to Europe. Weinberger said that statements attributed to President Reagan on the possibility
      493 words
    • 382 4 AP AFTER five months of relative peace under the new Socialist government, France's usually volatile unions are again restive. Although most of the recent unrest involves specific problems in specific industries, there is strong evidence that the honeymoon for President Mitterrand and Premier Mauroy
      AP  -  382 words
    • 717 4 ARRIVALS Service Local Operator Number Time From SIA SQ201 1000 HLP MAS MH651 1000 PEN/KUL CAL CB14 1006 HLP CPA CX710 1005 HLP GIA GA850 1030 HLP SIA SQ103 IMS KUL GIA GA908 1045 MES PAL PR501 1055 MNL SIA SQ191 1105 PEN MAS MH681 1130 KUL
      717 words
    • 318 5 AP A NEW source of protein that can be produced much faster than meat and could help alleviate world food shortages is being developed by the Phillips Petroleum Company. The food source, a type of yeast, is referred to as single-cell protein. It grows
      AP  -  318 words
    • 213 5 AP MILITARY resistance to Vietnamese forces in Kampuchea is increasing but the United States is not supporting it. John Holdridge, Assistant Secretary of State for East Asia, said the guerillas support both the ousted government of Pol Pot and another group as well. He said:
      AP  -  213 words
    • Article, Illustration
      498 5 EXPECTED ARRIVALS TODAY KEPPEL Atrevida (after Helmut Hermann 31/32 Bum Chin (Tanker) (after Dong Min shifts (subject Gas Free) (P/O) 15/16 Bunga Gelang (0700) 54A Dong Min (shifts after Leslie Lykes sails) 5 Equator (after Equator HI) 22 Kota Singa (after Kota Mewah) 10/11 Matsukaze Maru (1830
      498 words
    • 443 5 AFP, Reuter the PESSIMISTIC outlook for West Germany's economy and unemployment is deepening. In a speech to the Bundestag's (Parliament) budgetary committee. Finance Minister Hans Matthoefer said the government had reviewed its forecast for growth next year at constant prices from 2.5 to between one
      AFP,; Reuter  -  443 words
    • 329 5 Reuter BRAZIL will sign a major agreement for about US$l billion worth of British exports on Monday. The protocol covers three major trade packages, with bank financing to be arranged by Lloyds Bank International. About half the funds will come from syndicated
      Reuter  -  329 words
    • 193 5 AFP THE UNITED States spent 13.4 per cent more on Imports from Industrialised countries in the first eight months of the year than in the same period last year. This was caused in part by increased prices in the exporting countries due to inflation,
      AFP  -  193 words
    • 70 5 Reuter AN ANGLO-Japanese consortium has put off for one year plans to launch a US$43O million joint aero-en-gine development project this year because of poor market prospects. The delay was agreed at a board meeting in Tokyo en Thursday of the joint venture company, RollsRoyce and Japan Aeroengines
      Reuter  -  70 words
    • 642 5 REAGAN SETS CONDITIONS Reuter PRESIDENT Reagan has conditionally accepted calls by developing countries for global negotiations on Third World poverty, but said there must first be a process to show such talks would be successful. Mr Reagan, who emphasised his conviction that free economies and
      Reuter  -  642 words
    • 333 5 AP THE UNTIED States gives more foreign aid than any other nation, but government figures show that the money is increasingly aimed at supporting security and political interests rather than alleviating economic hardship. And it is not the poorest nations that receive the bulk of
      AP  -  333 words
  • Page 4 Advertisements
    • 165 4 The Times Calendar '82 is exquisitely reproduced from eminent Chinese painter, Lu Feng's Plum Blossoms. A favourite subject among Chinese painters, Plum Blossoms epitomize people who display fortitude and resourcefulness under the most trying conditions. Lu Feng (also knows as Tang Xiaofeng) is noted for this bold, unconstrained style. His
      165 words
    • 2 4 »Le>to».Pigt C
      2 words

  • Page 5 Advertisements
    • 83 5 AUCTION 10.30 A.M. Saturday 14th November, 1981 in our Avalon office "BARRENJOEY HOUSE" PALM BEACH SYDNEY, AUSTRALIA. Internationally known restaurant and landmark. Freehold, licenced restaurant, business and equipment Adjacent to one of the world's finest waterways and recreational areas. This is a flourishing business with potential for even further growth.
      83 words
    • 665 5 THE DAIWA BANK, LTD. Head Office: 21, Bingomachi 2-chome, Higashi-ku, Osaka 541 JAPAN Non-Consolidated Balance Sheet for 1980 1981 BANKING ACCOUNT (Units: ¥1,000) ASSETS Mar. 31,1981 Mar. 31, 1980 Cash and Due from Banks Call Loans Securities Loans and Bills Discounted Foreign Exchanges Other Assets Premises and Equipment. Customers' Liabilities
      665 words

  • 415 6 SINCE IT leaked out that Devan Nair was the hot favourite to be the next President, the most frequently stated objection in coffee-shops and at cocktail parties has been that he had spent too long in the hurly-burly of politics and the cut, thrust and parry
    415 words
  • 293 6 NUCLEAR weapons and the spectre of nuclear warfare is a controversial, even emotional issue. It is thus not surprising that the proposed siting of Cruise and Pershing 2 missiles in Europe threatens to divide Europe, and strain relations between the US and her Nato allies.
    293 words
  • 618 6  -  By BARRY VOLPERT THE SKIES are safer, smallpox has been wiped out and more than 8,000 development projects are improving the living standards of people in less developed countries, thanks to the United Nations. Yet an accelerating arms race, overpopulation, conflict in the Middle East and the
    618 words
  • 1182 6  -  By PAUL ICAMINA Depthnews NO LESS than the Philippines' Prime Minister Cesar Virata and his Cabinet have waged an all-out war against one of the better favourites of children and, sometimes, adults: "junk foods". The problem is that no one really seems to know
    Depthnews  -  1,182 words
  • 688 6  -  By ANNA CHRISTENSEN UPI JUST try to get change for a dollar (our blocks from the Federal Reserve Bank at night. And after the Coffee, Sugar and Cocoa Exchange closes, a cup of the stuff is hard to come by. Wall Street, the financial centre
    UPI  -  688 words
  • Page 6 Miscellaneous
    • 664 6 TWO-IM-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 She's in the wood with an angler (6) 7 The truth about predators in certain mountains (8) 8 The only style in which such streets are termed (33) 10 Step on one's tyres? (5) 13 If you want bread, step on it! (4) 14
      664 words
    • 15 6 Hp*s4D IT ovefc.. j N/OUC TURN, scistou). I'LL Be fcOOND To VOUC oemfcTnneNT R 0
      15 words
    • 757 6 Stories of political intrigues DON'T MISS Jmttas Caesar Gerd** GUtnp. TV s**gs The Satorday Night Mavie u >topt»<lw af Shake- laeirie I Remember Tester- b a treat. Gienit Jtebw speare's cburir historical day, Bright Eyes, That's and Vanessa Redgrave are drama at paUtical Intrlgae, Wkern The Maste Takes Me, ta
      757 words

  • 931 7 WHAT'S a nice Swedish girl doing in a town so far away from home? Work- <- ing, and working hard. When she first arrived in Singapore in 1963, Miss Cecilia Nystrom was fresh -from the hotel school in Lausanne and after a year working in
    931 words
  • 719 7 IN THE 400-room hotel of OCBC along Orchard Road is the Phoenix Hotel, with its gallery of shops and restaurants. The general manager of the hotel is Mr T E Ricketts but his capable assistant since August 1977 is Mrs Sukanya Vasanasong. She holds the title
    719 words
  • 292 7 AT the tender age of 22, and freshly graduated from the National University of Singapore with a Bachelor of Arts degree. Miss Lim Lee Keow applied to be a management trainee in the Oberoi chain. She was selected by the hotel from a list of
    292 words
  • 1452 7 Despite the general prejudice against women in managerial positions, their prospects in the hotel industry are good, reports RAY ANG. He examines the achievements of three women who have broken into another bastion of the males and the promising future of a young lady. Mrs Doris Chang
    1,452 words
  • Page 7 Advertisements
    • 205 7 The oil industry is the world's largest commercial enterprise. Its extent is global, affecting every country. International issues from Iran to SinoSoviet relations are influenced by considerations of oil production and consumption whilst the international communications network of the larger oil companies rivals that of the majority of nations. In
      205 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 168 8 OCT 22 FU ABN Ahold Akxo AMEV Amtaa Amrobnk ***** 81 50 21 10 90.30 8380 05 08 -04 -0.7 08 Berjo«» Berk Boll BorsumlJ Burhmtnn Caland C«lw Delft 23 50 24 JO 80 00 ***** 45 00 34.20 -OA -0-2 unch -04 04 Dell M1J 70.00 Ennl* 120
        168 words
      • 267 8 OCT 22 Frs CORBEILLE Alr-Llqulde 8 S N Qervals Danone C S F (ThomsonCsf). Ctc Francalae des Petroies Compafnle Financier* Compafnle Oenerale Credit Fonder De France H ache tie (Llbralrle) Machines Bull Mlcheltn (B) Parlbas Pechlney Clfine Kuhlmann Peugeot 467 1140 190 116 304.20 306 304 36J0 746 201
        267 words
      • 92 8 OCT 22 F"TI FORWARD MARKET Aeec 277 14 ArM 1024 t4 Ajtur 306 2 Braacan 178 -2 Bru-Lamb 1008 8 Canpac 1426 8 Cock 131 •3 De Been 274 44 Ebei 1310 -24 Electro bel ar» unch Ob-lnno-Bm 1830 -5 Qe» 1308 .2 Hnhnk 2140 -f35 Petro 3B60 Ryt
        92 words
      • 209 8 OCT 22 Did Act-Telefunken Ak*> 4800 1U0 _0 4 Alii Leben *****0 -10 All* Vera 4MOO 5 BASF Bay H T Wbank Bay VUank 134 JOB ***** -OJ 288 50 -05 Bayer I18 50B BBC Z32.00B BMW Casaella ***** 340 00 15 5 Chem Verm 216 00 4-1 Cammerebank
        209 words
      • 188 8 OCT 22 franc* Action* Sulaaes AluiuUae Br Alusulaae Reg Brown Boverl Br Clba Oelg? Br Clba Oelgy P C at* Oelgy Rh Credit SuUae Br Credit Sulat Reg Elektrowatt Br Oeoege Furher Br Olobui Pe Hero Br Hoffman La Roche 1/10 Hotderbank Br Interfood Br Jelmoll Br Motor-Columbui Nestle
        188 words
      • 94 8 OCT S Lire Ante A»oc Oen BuUfl Ccntnit rut Plnifcler Oen Immob in Pn Italremenu fUi(U IUijIder suap 1*100 306 MSI 15J0 30J0 1436 3030 ***** *15 SUSP *3m 177 40 03 S3 •00 41 Macncu M Pf Marelli ere Med lob «B0 suap *****0 Mimaiua Mocutedon Monlcdan MotU
        94 words
      • 176 8 OCT 33 C* A MUM H Alcan 36--H Alfomi 44 unch Bank Mont J5% -H Bank Norm Scotia 2SH Bell Tel 17«l tn Beth Corp BP Can Ltd S4*» 14 Briar an -H Camp Red Lake Can imp Bk 1» -H Can par 40 Canpac In» Pt Car ling
        176 words
      • 306 8 OCT 22 Rand ♦A INDUSTRIALS A Alpha MO Abercom AE And CI AMIC 4» 1000 wrw -5 unch Barlows ifn unch Of Sugar ]|7S unch CNA Currte rtnance D* Been bid T» an JB00 -s -5 -90 Ed con IBo until Edfan nooB Evarcadj rM Votk 570 unch rufit
        306 words
  • Page 8 Advertisements
    • 216 8 "The American Express Card serves you well, wherever good food is served 7 ere to wine Snacks for your island treks Kti T.*3 Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch Open: Monday Friday 10,00 a.m. 6.00 p.m. Saturday, Sunday
      216 words
    • 146 8 I iUu IL JAPANESE RESTAURANT A For sushi. For teppanyaki. For other authentically Japanese delights. Open daily; IJ n<jon 3p m f )30pm 10 30 pm hor reservations call 7'37 i )(r>77 A© «'iiliir\l'}irkSl i< tj hi >■ i 1j i| >!•<■ Nassim Hiii. Singapore '025 Tel *****77 Operated Dy
      146 words
    • 145 8 See Page 9 for Asian stocks and NYSE prices bigfefc ap j?o«r Dep,pavali >"•>' '•< I VvJHU ,i!l h L'"> <1 lavish Indian hiifft-t <»nd foitiw will bv l«t;<i »u! d! th* K.i: Th»- *ril»-nVi{ »:nqmq ti A Am.ir (if i Hiijhli<jhi e\.e<-. ■f><j- .iii.i JI"Up VK.ll! ilh > <
      145 words
    • 195 8 When you dine, dine Cantonese. Wt'.v >* -> r rM If pleasing your palate is achieved only by eating the best. then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The staffe is set
      195 words
    • 252 8 as good as going to Bangkok. This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table It was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our Kitchen Siamese Seafood Restaurant f 1 a
      252 words

  • RAW MATERIALS
    • 732 9 COFFEE:-Robusta futures yesterday held steady in quiet trade after opening with small gains in line with closing New York levels. Dec traded up to £1120 but met resistance there and slipped back to trade within a narrow range. The International Coffee Organisation formally announced the transfer of 100
      732 words
    • 147 9 THE Kuala Lumpur palm oil market yesterday clbsed higher in moderate trading on late covering in anticipation of a favourable budget speech yesterday, dealers said. The north region in October closed at Ms9so a tonne while central was traded up to $932.50. November saw north traded $7.50 higher
      147 words
    • 173 9 CHINESE Pn4im Exekuge, Slagapere, mm eMag prices per IM kg yerterday. Cmmil ril: Bulk fob (110 00 sellers, old drum (in second hand drum) fob f122.00 sellers, new drum fob $126.00 sellers. C*pra: Mixed (loose) |57 buyers. Pepper: Muntok white pepper fob Asta NLW 5380.00 sellers, Sarawak white
      173 words
    • 139 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CettM yam: China Blue Phoenix 20b 2,450; 32s 2,990, 40s 3,130 (per bale of 400 lbs). PaktotM raw mMm: LSS 6.00, 4F 5.95; 289F 6.05; NT roller ginned 6.00 (per lb). CLOTH in
      139 words
    • 330 9 SINGAPORE: Thursday's closing prices in S) per kilo, exgodown. Yesterday's prices unavailable: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.33, 100 per cent second class 1.13, 100 per cent third class 1.06, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN:
      330 words
    • 76 9 THE STRAITS tin price In Penang yesterday me two cents to M 535.(2 n kilo, still within the ITC npper sector mage of $S4JB and $37.89, dealers said. The rise was mainly supported by Influential buyers while continued scattered demand was noted from Japan, the US and locally.
      76 words
    • 34 9 Rubber Oct 23 Singapore: Nov: 190.50 centa (up 2.00 cent*) Malaysia: Nov: 227.50 cents (up 2.00 cents) Tin: M 535.62 per kilo (up 2 cents) Official offering: 203 tonnes (down 12 tonnes)
      34 words
    • 89 9 THE Malaysian Minister of Finance has fixed these rates for the period from Oct 22 until further notice: Babber: 237 s 4 cents a kilo for RSS One; Capra: M 5651.55 a tonne; Palm kerael: $955.75 a tonne; White pepper: $3,348.00 a tonne; Black pepper: $2,244.00 a
      89 words
    • 213 9 RUBBER prices in Singapore yesterday ended slightly higher with November One RSS buyers quoted at 190.50 cents per kilo, up two cents from Thursday's close, dealers said. Morning prices were marked up slightly on short-covering and week-end book-squaring, coupled with some forward demand. they said. Afternoon prices gained some
      213 words
    • 406 9 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 186 00 187 00N Int 1 R S.S November 190 00 191.00 Int. 1 R.S.S. December ***** 202 00 Int 2 R.S.S. 159 50 1C0 SON UK COM 158
      406 words
    • 119 9 NOON SSI and SMR me** >**laid*y EA8 NovtB (Cirrnt bw Mtk) Docoabor (Forward Nik) SSR20 (1 ton Bar«r» Sailor* Buyer* Sailor* (Mild) 162-00 164 00N ***** 186-OON SSR 90 (1 ton pallet i 190 00 I62 00N ***** I64 00N MftKLB N« toaktt Dtctabw SMRCV 41 ton
      119 words
    • 304 9 THE market broke the $2.00 (S) barrier decisively this week as current One RSS dropped 13 cents to a fouryear low of 189 cents a kilo, a level close to the Inro buffer stock optional buying price, Hat May, Ciller, Bath aad Campaay says
      304 words
    • 125 9 SOYBEAN futures in Chicago on Thursday closed on new day's lows, down 3V« to SV« US cents a bushel in hectic trade. Soybean product futures markets closed early in response to bomb threats, with prices finishing easier. Trade sentiment that the markets were predominantly long, and that the reported
      125 words
    • 116 9 WHEAT futures in Chicago on Thursday closed mixed amid confusion following a bomb threat which resulted in early halting of trade. Prices settled down one US cent a bushel to up Vfc cent. Corn futures closed early due to a bomb threat. Prices finished near the bottom of a
      116 words
    • 998 9 NEW YORK stocks on Thursday closed narrowly lower in dull trading, with special situations providing the only excitement. The Dow Jones industrial average was seven points down at one stage but began to recover in late trading to close off about 2Vi. Declines led advances by around
      998 words
  • ASIAN STOCKS
    • 215 9 HONGKONG THE Hongkong stock market yesterday ended slightly lower after moving in a narrow range throughout the session, dealers said. Trading was quiet and featurless with the Hang Seng index ending 8.88 points down at 1,227.24. It lost 16.69 on Thursday. Brokers were cautious in taking new
      215 words
    • 353 9 WANING support for resource stocks in Sydney yesterday helped push the AllOrdinaries index 4.4 points down to 565.5, dealers said. Transport group, TNT, however registered a seven cent rise to $2.54 after news Perth businessman, Robert Holmes A court, had taken a 9.5 per cent stake. BHP
      353 words
    • 154 9 THE Tokyo stock market yesterday rose on selective buying in bargain-priced issues, incentive backed issues and stocks with low levels of margin buying, dealers said. Tile market average rose 45.9CT points to 7,262.19 in light trading volume of 360 million shares but many investors continued nervous
      154 words
    • 96 9 THE Manila stock market yesterday closed mixed as turnover fell to 839,000 pesos from 1.4 million on Wednesday, dealers said. OCT a Pent Aco)e. Mining AUaifon. A 0034 unch AUu Coo. a au» -3 Bjjulo Ooid jn 9tM -0.001 ♦1 BT Ooodncn KM Mb cacr tm net Landou Lepanto
      96 words
    • 62 9 FINANCIAL TIMES INDUSTRIALS Thursday 467.3 Wednesday 476.5 Week Ago 473.2 DOW JONES AVERAGE INDUSTRIALS Thursday 848.27 Wednesday 851 03 Week Ago 856.28 H.K.HANG SENG Friday 1227 24 Thursday 1236 12 Week Ago 1249 47 AUSTRALIAN INDUSTRIALS Friday 685 0 Thursday 685 5 Week Ago 684.2 ALL ORDINARIES Friday
      62 words
  • Page 9 Advertisements
    • 174 9 The Straits Times Directory of Singapore The tab on vour business connection of over 5,000 names aid addresses! The general business listing of the Straits Times Directory or Buku Merah (as we are also known) is a compendium of names and facts you ought to know For instance, if you
      174 words

  • 1255 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (2.428 253S)XD
    1,255 words
  • 189 10 ONtiAPOftE UNIT TEUCT (Mi—BUI' prtBM tar Oet ri) The Commerce 177 2.91 The Savings Fund l O 1.70 S pore Prog Fund 1.21 1.37»] S pore Sec Fund 1.00 1» S pore Invest Fund O S 1.00 S'pore Equity Fund lH 1J7 AAA UNIT TBU8T prtaw tar Oet
    189 words
  • 2781 10 Gr'» Gr*s Net 1981 Company Last Div Div Yld P/E Vol Day High Low Sale +or- Cvr cooo) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 250 Acma 253xd 14.5 32 5.7 9.0 115 115 Alcom 115 4.8 2.0 4.1 198 350 130 Allied Choc 152 1 7.0
    2,781 words
  • 1451 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. DTOURBIALB Mtmm (1308 1.225) (1) 130 (I) 123 srl A CMe (1-578)
    1,451 words
  • 224 10 KflONG Gaaa Ftoar Milltag United: AGM to be held at 120 Tan)ong Rhu Road, Singapore 1543 on Oct 28 at noon. AU8TBAL »c Ha Berfcad: Forty-second AGM to be held at Wisma Bunga Raya, 152, Jalan Am pang, Kuala Lumpur on Oct 30 at 2.30 pm. BATI LJataag
    224 words
  • 770 10 LACK af lateral Mat share prices at the Steeh Exchaage sf Wags per* drtftlag agala with the Straits Times ladastrial ladex clestag 114 pelats lever te OUL Opealag prlees were meetly lawer thaa everalght levels. Maajr shares thea hegaa te creep ap slightly hat
    770 words
  • 582 10 THE Kuala Lumpur stock market finished the week on a mixed note yesterday under mostly quiet conditions. Operators were apparently more preoccupied with the "budget" but later reports of a less than severe budget comforted many. Tin shares, which have led the way this week,
    582 words

  • COMPANY NEWS
    • 823 11 THE much-needed breakthrough to enable miners to djg deep, economically and profitably, into the earth tor tin now beyond the reach of conventional dredges may just be around the corner. The new method uses a suction dredge, equipped with a dredging wheel capable
      823 words
    • 324 11 INDUSTRIAL aad Cammer<hl Baak Ltd has announced that at end-Septem-ber, 0.34 per cent of its issued share capital was beneficially owned or Controlled by foreigners. GUINNESS Malaysia Bhd has announced that its proposed one-for-one bonus has bfcen approved by the Capital Issues Committee. METAL Bax Bhd has changed
      324 words
    • 1181 11  -  By HSUNG BEE HWA HUME Industries (Far East) Ltd, the group that is now controlled by Hong Leong Holdings, expects earnings to grow at a moderate rate this year in view of political and economic uncertainties as well as rising costs of operations. While executive
      1,181 words
  • Page 11 Advertisements
    • 219 11 Management Japanese Style A collection of readings compiled and condensed by WORLD EXECUTIVE'S DIGEST on the distinctive brand of management successfully practised by the Japanese. Dealing with a subject of tremendous current interest, the book covers such fascinating concepts as lifetime employment, group decision-making and quality control circles. ...VOWS FREE
      219 words

  • 362 12  -  By KOH TSE YING ALTHOUGH Supreme Corporation's earnings rose strongly for the year ended June 1981, the group could have done better had it not been for the increase in interest rates and depressed commodity prices. This disappointment was expressed by Supreme yesterday when it announced its
    362 words
  • 317 12 LAND Rover Ltd's withdrawal of the Land Rover franchise from Inchcape Bhd came as a complete surprise to Inchcape Malaysia Holdings' managing director Keith Stack. "We have been discussing the restructuring of the Land Rover franchise for years and until Thursday, I was told no decision
    317 words
  • Chief Price Changes
    • 147 12 Rises Indices M U I Malay as Tin 1040 370 60 22 BT Indicator: Oct 22 Oct 23 C Sugar* 1230 10 *****0 *****7 Hong Leong lad 1000 10 Industrials: 638.76 635.52 Straita Trading 695 10 Finance: 1352.13 1349.66 F E Livingston 525 10 Hotels: 1028.93 1027.59 Sea View
      147 words
    • Article, Illustration
      139 12 Rises Indices Pengkalen 500 +90 BT Index: Oct 22 Oct 23 Idris Hyd 1060 +80 *****7 *****6.92 HL Credit 870 +70 Industrials: 822.36 823.18 MUI 1140 +60 Finance: 1243.13 1245.61 C Sugars 1360 +30 Hotels: 502.41 502.52 Malayan Tin 408 24 Properties: 822.74 818.59 S Trading 760 20
      139 words
  • 559 12  -  By HSUNG BEE HWA SPARLSTREAM Investment's plans to use Renong Tin Dredging as a quoted vehicle for its property and commercial interests may well be upset if a sufficient number of shareholders opt to accept the advice of Renong's directors. Baring Brothers Asia, the independent
    559 words
  • 367 12 PERMODALAN Nasional Berhad's stake in Amalgamated Metals Corporation has risen to 5.85 per cent, it was disclosed yesterday. AMC, the UK-listed company which controls 50.5 per cent of Datuk Keramat Holdings, is currently the target of a bid by West German industrial group Preussag
    367 words
  • 742 12 LONDON, Fri. Equities closed above opening lows and UK government bonds met weak demand on yield considerations. At 3 pm the FT index was down 6.4 to 460.9. Closing middle prices of selected stocks excluding stamp duty were: RUBBER PHYSICALS LONDON, Thurs The market closed unquoted today with
    742 words
  • LATEST RESULTS
    • 68 12 has announced a pre-tax profit for the year ended 31 March of MJ1.12 million against $1.13 million previously. Turnover was $2.31 million for the year under review, compared with $2.45 million for 1960. Profit after tax was $663,996 compared with $591,902 previously. The directors have declared
      68 words
  • 77 12 MALAYAN Uaited IHiitries Berfcad: EOGM to be held at Derby Room, 30th Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Nov 4 at 11 am. MALAYSIAN FWmllJfl Limited: EOGM to be held at 53/55 New Bridge Road, Singapore 0106 on Nov 5 at 9 am. Shoe
    77 words
  • 246 12 MAGNUM Corporation will not be buying the entire equity of Greenland Housing Ltd of Hongkong. The company, which had earlier agreed to purchase the property company from Thompson Turner Co Ltd of Hongkong, said yesterday that the agreement has been rescinded by mutual consent. No
    246 words
  • 596 12 moo by HOCK LOCK SIEW THE algebraic expression depicting a takeover move by United Overseas Bank now probably reads UOB ACB Once there were two ACBs involved but then UOB called off its bid for American City Bank, leaving behind the local Asia Commercial Bank. Considering the factors
    by HOCK LOCK SIEW  -  596 words
  • 71 12 AP NEW YORK, Fri. The stock market opened sharply lower this morning. The Dow Jones average of 90 industrials was down 6.76 to 841.51 in the first half hour. Losses outnumbered advances 3 to 2 among all stocks traded on the New York Stock Exchange. Analysts said
    AP  -  71 words
  • Page 12 Advertisements
    • 48 12 p NOTICE "Vtafcrm V«jr: U/L OeMer, IWI. •< TA.A. OKiw N«. 1/t. General Survey ot damaged wf?°, bove will be held on Wednesday 28th October. I*l. from 900 a m to 500 p.m. No further survey will be held after this date K. JUMAMOY SONS (PTE) LTD. TO:- HSU
      48 words
    • 346 12 Asia, at your finger tips... ther than speed reading, there is another way you can know a great deal more in much less time. The KJ ASIA RESEARCH BULLETIN is a monthly information-packed report backed by in-depth and extensive research and ten years of editorial expertise. We have extracted and
      346 words
  • Page 12 Miscellaneous
    • 63 12 OUTLOOK for Singapore from 6am to Ipm today: Showers in a few areas from around midday. Report tor U hours prior to 7JC pen on Oct 23 at the airport: Maximum temperature 32.7 Associated humidity 64 Minimum temperature 24.5 Associated humidity 93 Hours of sunshine 6.00 Rainfall in millimetres 3.5
      63 words

  • LEISURE TIMES
    • Article, Illustration
      1089 13 Two golden periods in China MONOCHROME porcelain, as the name suggests, is a class of porcelain decorated in a single colour. The production of monochrome porcelain has its roots deep in the history of China. In fact, it has been traced as far back as the Shang Dynasty (1520-1027
      1,089 words
    • 706 13 Fine Porcelain of the Qing Dynasty presented by Kwok Gallery The Rose Room, York Hotel Oct 24-25 (9.30 am to 9pm) Oct 26 (9.30 am to spm) KWOK GALLERY has come up with an exhibition on "Fine Porcelain of the Qing Dynasty". From all accounts, it
      706 words
    • 655 13  -  WEEKEVD 60URHET By ROBERT YAW THANK HEAVENS it's Friday! If that's how you feel, pop into the coffee lounge at the Goodwood Park Hotel for its Tok Panjang buffet. Literally meaning "long table", this is a "furlong" buffet of Peranakan or Nonya dishes cooked specially by a Nonya
      655 words
    • 340 13  -  RAY ANG ADVERTISED as a 24-carat "table surprise", Restaurant 1819 seems to be giving notice through a dinner buffet that the restaurant is not a staid, stuffy dining place that only bankers, lawyers and other professionals go to as the prelude or finale to a contract. Rather, it
      340 words
    • 599 13 THE MANUFACTURE «I "geaaiae" aatiqses is a baamiag baadaem la Thailand. Gracefal "Taag Dynasty" stataes, perfect "Mlag" vases aad "ttt-y ear-aid" Baddhaa are taraed eat by the dates to sappiy aatiqarhaagry toarlsto. While meat dealers haaeatly ideatify their wares as eaplee, the rale sf the trade is earaat
      599 words
    • 351 14 TODAY: GOLF: SICC: The first round of matches between the club and the Royal Selangor Golf Club will be played at the Bukit course this afternoon. i Jurong: A team from the Tasek Utara Golf Club will be competing in a social match with a Jurong side
      351 words
    • 434 14  -  By CHARMAINE CHAN BARELY two months old, the Belville Country Club has already managed to get half of its projected 500 members, even though some of the planned facilities are not available yet. Situated off Old Nelson Road, the Belville Country Club is right next to Admiralty House.
      434 words
    • 808 14  -  By RONALD KOW THINGS often move rather slowly when it comes to clearing up problems and it certainly does not help to have new problems coming up faster than old problems can be solved. With the numerous goings-on on the local soccer scene, football fans may well
      808 words
    • 516 14 IF YOU are up to facing three hours and twenty minutes of Socialist Realism, then the Singapore Film Society's offering tonight should interest you. It will be showing the 1979 Cannes Festival Special Jury Prize winner, Siberiade, a Soviet film by Andrei Mikhalkov-Kon-chalovsky, at the RELC auditorium at
      516 words
    • 118 14 TO CELEBRATE Deepavall, a "Festival of Lights" will be held at the Japanese Garden on Saturday, Oct 31, from Cpm to llJtpm. The organisers J strong Environmental Engineering and the Singapore Indian Chambers of Commerce have many Items lined np Itf the occasion. There will be a
      118 words
    • 129 14 Reuter RAINBOW CmmkUm, a Canadian Oily, will Jala raaaers tram six ether ceaatriea la tke USs2s4Waahlngtaa DC latcraatlaaal aa Nav 1, Laarel race eaarae aatharltlra said aa Tharaday. Ite aeecpUaM aI Balahew Caaaectlea briags la eight the eatried far the 31th raaalag af tke lavltatlaa aaly
      Reuter  -  129 words
    • 709 14 AUGUST 1982 will be a busy month for the amateurs in Singapore, if the Singapore Golf Association fixtures for 1982 are anything to go by. The Republic will play host to the 22nd South-east Asia Amateur Golf Team Championship for the Putra Cup at
      709 words
    • 773 14  -  THE ODDS ON HIGH RISK §g By NG LOKE KOON HIGH RISK (now showing in Odeon and Gala) is a rather uncomplicated story of how a mixed bag of four Americans decide to get rich quick in an unconventional way execute a robbery in a hacienda somewhere
      773 words
  • Page 13 Advertisements