THE CHINA MAIL, TUESDAY, MARCH
1954.
Laniel, the French Prime Dr Adenauer (left), photographed with M.
the Foreign Minister (centre), and M. Bidault, the French Foreign Minister at Ministry in Paris. Dr Adenauer made a brief stay in Paris while on his way lo Greece-Central Press,
Vaiting for An Appeal Against His Three-Year Sentence
Dr Mossadegh Leads A Quiet Life
In
A Teheran
Cell
Teheran, Mar. 22.
Iran's former Prime Minister, Dr Mohammed Mossadegh, ho with tears, threats and cajolery persuaded the country to ationalise oil and oust the British in 1951, today sits alone in a rison cell five miles from Teheran waiting to appeal against a hree-year sentence.
Huddled over a wooden table, he has filled 400 foolscap sheets of overnment stationery in scrawling handwriting with fresh arguments or his own defence. These he hopes to produce before the Iranian filitary Court of Revision which is due to hear his appeal shortly.
His lawyers say he will ask the Court to declare the previous fresh hearing before the civil rial null and void, and will demand a
In Dr Mossadegh's view, a upreme Court of Appeal of Iran. finister cannot legally be tried by a military court.
any his ead will dest go to a Mill- Court and then, tr the à concedes the privilege
former Prime Minister, the may be heard by the sivil rt of Appen).
overnment officials
to
Mejals decline there is no omatic right of appeal
rt.
Mossadegh
by
Friends
Prime
report
Britain Imports Big Stocks
Of Russian Silver
London, Mar, 22.
In the Silver section of its Annual Bullion Review, Samuel Montagu! & Co. estimates that world consumption in 1953 was about 30 million ounces more than the available new production.
Offtake for essential industries in Britain is
COMMERCE SECTION
He Left Her
"A Good Rope"
New York, Mar. 22. The late Stefan Wuffesak bequeathed to his wife dollars (14 shillings sterling) "fer a'' good Tope to hang herself with for all the misery that she caused mo during my lifetime"
Illa will, drawn up soven years ago, also instructed his son to make sure that Mtrs Wojtczak was buried In a separate grave.—China Hall Special.
י.
World Fibre Output
At
Record
Level Last Year
London.
World production of fibres reached a record level in 1952-53. Consumption was below pro- duction and stocks increased, but fibre prices were fairly stable during 1953, with a tendency to rise during the closing months of the year.
A report on Industrial Fibres, published
indicates that in the current season world output may exceed that of 1952-53, while consumption, particularly of apparel fibres, is also likely to expand.
estimated at about 10.5 million and, in addition HONGKONG today by the Commonwealth Economic Committee
900,000 ounces were acquired under the "Float Scheme" for export in fully or partly manu- factured form, the report stated.
Of the total of 11.4 million, about 6:3 million ounces were obtained from official stocks, and the balance of 5.1 million from the market. In 1952 the total absorption under these heads was 10.4 million ounces, of which 9 million were provided from official stocks and only 1.4 million from the market.
Britain's imports of silver bullion were about 33.7 million ounces of which nearly 21 mill- To were ior
from the USSR. the arrivals
from Australia should be added rather more derived than 3 million ounces from concentrates treated In England and this increases the Australian figure ts about million ounces.
Nexi in point
9
Japan, Imporis from that
country inillion countries
of size Was
mounting to about 4.3 The three ounces,
mentioned provided
of the
ver
cent
more than total Imports shown,
£11
Of the export total, estimated about 12.5 million ounces, Just over 16 million, or 80 per cent, were despatched to Pus parts of the Continent; the balance of 2.5 million ounces Included shipments totalling
1,850,000 to Iruq.
Estimated silver
and
thai
the trial chiefly concerned with three fatefu days, August 16 to 19 191 vif,
when the Western word watched Iran's struggle and when it looked as though Dr Masandegh's bid seize power might Lucceed,
to create a de-, guards, 3. Planning
on the prison life is no great hardship mocratle Republic Communist pattern. wuh for him.
He does not smoke und as a himself as ruler. Originally,
was strict
he Mostem
imbibe's nothing alcoholic. His room con- tuins à col, very similar to the bed on which he reclined as Minister and held internal Prime
with diplomats, nudience
well-wishers liticians, 10
foreign journalists.
te the civil
Mostadegh why sentenced
But Dr Mossadegh, who is military court on Decem- 21 last year. following regarded in Teheran as both a week triat, to three years' supremely skilful lawyer and on
Ho tary confinement.
was excellent actor, seized the op-
portunity of his trial to re- peal ny of his political views and to re-enact the role of a patriot defeated by the
of Britain intrigues United States.
nd guilty of:
Disobeyjug a royal decree dismissing hing Plotting to overthrow the monarchy: and
Woman's Touch In
New Ship
!
and
the
1
-סין
and
i He cals his usual simple fare, rice garnished either with chick- en slivers or with egg. Friends report that he could have three res good meals a day. But he fre- quently waves aside an evening meal, preferring to finish off the scraps of lunch,
Dr Mossadegh cats
with
un ofleer of the guard,
one of whose duties is to see that the the prisoners' food before serving it as a safe- guard against poisonhug.
cook tastes Still Willing
de- One Western diplomat clare recently: "It was a mis- lake 10 allow the Mossadegh trial to drag on so long. Whether they supported him or ympathy for not. It aroused him among many classes of the population.
"He should
Same Old Clothes
Strictly religious, Moslems do not shave,
var-
production
in
15
195 million ounces, which about 30 million more than the estimated avaliable new pro-
duction.
DC-
Consumption of silver in India was below normal; cording to market estimates it was only about 4 million
No official ounces.
statement was made regarding the return of lend-lease silver.
It is believed, however, that sufficient has been derived from coin withdrawn from circula- tion 10 meet obligations, which, as undertaken by the then undivided Government of India, amounted to 220 million ounces-China Mall Special.
NEW YORK
STOCK
MARKET
In the Western Hemisphere 1953 at 142.5 million ounces in- dicules a reduelion of about 4 million as compared
with the
New York, Mar. 22. 1952. output from this area in
Late heavy demand for Mexico with 45 million ounces aircrafts reversed the early
States the United
of America with 35 million. cach decline in stocks today, lift-. appears 10 have produced 6 ing industrials alightly to a million less than in the Prenew average high since Oct. vious year. Part of this decline 28, 1929 and utilities to their nearly A million ounces in best since Sept. 2, 1981. Canada, where output is thought
6
was offset by an increase of
to
have reached 30 million. Production in Central and South America shows a small
improvement.
AUSTRALIA & JAPAN
Chief outside
re-
по
STOCK EXCHANGE
(From Our Correspondent)
Business on the Stock Ex- change this morning amounted to $852,031.80. Noon quotations and the morning's dealing-
SHABER BUYERS BELLERS BALES
BANKS
1K Bank
ECENT Asla INSURANCES
Union Underwritera Lombard
SUPPING
..
1000 1700 € 1700 1099 170
7
2021
05
500 (
Asko Nay,
DOCKS, ETC, Dock XD
1.18
19.40
Provideat
(OM) XD 13,80
shal Dock
1,30
Wheelock
1.00 4
LAND, ETC.
HK Hotel
and X All
$12 0.35 1,000 9.30
.... 59!
1.30 15
50000
400 200
2.10
S'hel Lend Humphrey.
19.20 DOG 19. 1000 of 10. 1000 19. 1,000 IN 2.13
HIGHEST SINCE 1947 World stocks of fibres in 1963 stood at the highest level since. 1947;
in the Increase years being particularly and
The Report notes that in 1953-, the wool entering informational 54 the cotton crop is expected trade. The proportion of hard to be larger than last season, hemp supplied by Common- chlolly owing to the record yield | wealth countries showed a sharp In the United States.
rise and thai of cotion also Wool production is likely to increased. show a slight increase while certain rayon output is almost to reach a new
pook. Among the
non-apparel fibres, Risal
show П further moderate improvement, especial ly in British East Africa,
nounced for cotton Apart from wool, the prices
held of the latter being much of most antural ibres continued by government agencies in the decline during 1852: cotton. United States and Brazil. Woot
their stocks, however, were an hemp and jute were at lowest at the beginning of 1933 ception, since the greater part and it was not until the sun of the accumulated surplus in mer that they showed signs of improvement.
10
may
were
геесп
pro-
Jute.
ex-
South America was disposed of during the 1052-53 season. during
slightly with
By December, 1953, the prices
Progress continues to
to be made of most ilbres
the newer man-made higher than six months carller, nbres-nylon, Terylene, Ardij, though in some cases they were Fibrolano, Orlon, etc-and out-
sil tower than a vlously.
pre- year
of these has risen rapidly pul In recent years. In 1962 it amounted to some 320 milion industrial 169.
WORLD TRADE LOWER World
trade
In
Abres was much lower in 1952 than in
1961 awing to the con- traction in exports of all pro-
A
Nylon is still the predominant member of this group, account-
ducts except Woo! and silking for nearly two-thirds of the total. New plants are at present Totu: world exports declined by
by being erected in many countries, cent, but cotton fell 4 per about 8 per cent and jute by 13 further rise in world output in
13 indicating the likelihood of however,
With
Really
UTILITIES
per cent. In 1953,
there was a marketi
Trm XD
20.00
Btar Ferry
130
C. Light (0) 19.80
300 28.80 400 28.90 1000 of 28.
2000 10.70
500 16.80 1000 in 18.80
1000 or 18.00 300 10.00
1000 16.80
C. Light (N) 13.70 13.90 3083 15,70
The market idled much
Telephone the session, with prices a shado casier jo a normal reaction after | INDUSTRIAL.9. the sharp gains in the latter part
Cemont of the week,
Late in the day, however, de- mand appeared for aircrafts and other, sections of the
Even in the rails, however, There were a téw features-por- Etcularly issues of the Missouri- Kansas-Texas Railroad which
&
1000 $1,14,80 500 13.06
+13,00
100.00.3. 600 321
500 6 3214
luprove the near future.
recent
older-
ment in shipments of wool and price reductions in the United
while trade In jute.
cotton States this may imply greater
the competition with showed
a moderate Increase, The
United Kingdom.
the established fibres. largest world's
importer of fibres, took substantially more in 1953 than in 1952; its imports of cotton rose by 25 per cent. while receipts of wool and Jute were the highest since the war.
NOTICE
The following advertisernen.
The United States Imported has appeared in United Kingdom larger quantities of cotton and papers;— Jute during 1953, but its pur-
chases
of wool were ittle MINISTRY OF TRANSPORT changed from the low figures of AND CIVIL AVIATION
year earlier.
Japanese Imports, particularly
Electric.....
2
.. 20.00
17,80
18 2000 16.
10.
18.
in
17.00
6000 17.90
the 1952 Agures.
Last
season
the
.28 1000 # 27.00 500 27.00 500 27,00
Dairy
....... 27.00
Watson ... 20.30 1880
..rts 1. Confond 26 26.40
producing countries
Hethi- the Wester!! sphere, and which incidentally prend provided supplies to the Lon-1st. Only the rails continued to STORES, ETC.
lag, closing with the only don market, are Australio, and
these decline of the major groups. Japan: output trom sources is estimated at 11 mill- Jon and 7 million ounces spcctively.
The large arrivals from the USSR. which possibly repre- sented the Hiquidation of stocks built up over a period, revived
A5 to the rate conjecture production in that area. No are yet available and any estimate based on the pre- war annual output of about 8 million ounces may be wide of the mark.
figures But Dr Mossadegh has accepted this Western habli and shaves dully with import- have been ban- cd blades, An officer stands by ished and forgotten."
10 prevent any attempt at
he feminine touch given Last August, according
one of Britain's
to suicide, though Dr Mossadeghi in Teheran, latest many people
the has not shown the slightest im- senger - cargo liners, the Royalist mobs in the capital pulse to end his own life. 0-ton St. John, has led to would have torn Dr Mossadegh Although belonging to ew stanklard of travel in i to pieces if they could have family rich with inherited land fortunes Dr Mossadegh in old hands on him.
and oday, however, many groups prison still wears the drab garb who oppose the Government of in which he dressed throughout Genorul Fazlollah Zobed, the the trial.
class of ship.
he St. John, Just completed
3 Northern shlpyard and
on her maldun voyage to Prime Minister. are using This garment almost defies 21 and Argentine, has been Mossadegh's name to form brated under the design
supervision of Lady lo anti-Zahedi coalition.
chairman prison at the
x de Walden, wife of Lord
ward do Walden,
the OWIAIS. the South
erican Saint Line.
st
at.
and
Ave
miles
abashed
ther
part
this
an accurate description. It appears to be a faded, greylah affair Dr Mossadegh himself, in about three-quarter length, Ghassr Borracks without buttons or belt, and
might at north of the capital,
onc time have served can make no speeches. But un-either ack
as dressing gown or ม by his narrow escape gardening The ship is believed to be the Inst August,
he is, his friends
On the right breast of luxurious cargo liner report, prepared to play & fur coat is a safety pin which holds In Iranian politics if a small key. This is the key to here aro eight single
his freedom Dr, Mossadegh's brief case which double berth cobins he should regain
contains private papers, He be- elled in bleached and dyed in the near future.
Government spokesmen state loves the authorities are with ad-
that his influence now is non-anxious to pry into his papers and fitted
"mla-and will not part with the key, existent, except omong and
which or the case, chievous elements"by all har-
Visitors say that Dr Moss- colour they mean Communists, the
them aduch hus no gulis. The mobs who who ransacked and destroyed for his house last August removed Dr Mossadegh, streas that while the only two suits he possessed. their countrymen want cli re- He has not bothered to replace
to pour in, they recult them. an agreement with the British,
y sycamore, cach
ing bathrooms
drobe, drussing-lable
er
furnishings
rising with emas.
A BAR, TOO
The passengers' lounge, car- ed in green with furniture
Others, and among well-educated Iranians
have no particular respect
venues
roze and gold, and similar elling to the cabins, con- la a bar and an Adam-style from place,
The dining-room is panelled bleached and dyed green amore, with pale. green ther chairs. The walls
veranda, are
covered
en
and white canvas.
The
crews
quarters
urious, too, The whole
accommodation
No Hardship
One story, which comes from a distant relative, concerns the Arst visit paid by his wife, 70- year-old Zia O-Sulianeh.
She chided him for adopting of Dr Mossadegh, they say, was a political career which led to a time a national hero prison cell and forced' his in for a
chiefly because he called the family to, flee and live with
cheats and colonialers are British
"“don't you give up this worse than Hitler's rastdra af
Job?"
she is reported 10- They claim 10% the Aryan theorists." of BB 19 amid that he still has a popular fol- have asked.
To which Dr Mossadogh 19 are single-berth loving.
In prison. Dr Mossadegh said to have replied: "Wite, I Fins for petty officers, sea- n and motormen, and mess himself walls, with growing warned you many years ago that ms, bathrooms and a com- impatience, to appear once more the life of a politician in this The captain's suite of rooms panelled in bird's-eye ple, dyed grey, with grey peuniga and furnishings in en London Express Ber
pat
In 2001, on the upper: depic in court and make a political country is hard and devious,
speech which he hopes will go You should go and sit in a fent round the world on the ruine of my house lo Apart from this,impatience show everyone the fee which and the fact that in solitary has befalled a man who tried to confinement he has no audience help.bis.country. Chinh Mẫu for his plequence-except prmy Spagini.
of
ran in active trading on davour- Eb: reports of the recapitalisa- tion plan being worked stockholder committees of the Road.
דגם
CURTIS-WRIGHT ACTIVE
Strings of large blocks rang- shares in Curtis- ing to 15,000 Wright made that stock day's active leader. It rose to $9%-
333 26.20 500 of 20.20
COTTONS
Textile Corp 7.70 79% MISCELLANEOUS
of cotton and wool, rose agnits of Con- 1953, while those
SHIP FOR SALE
inental Europe were well above and Civil Aviation invites offers 1. The Ministry of Transport
Common-
for the purchase from him of of lying"
wealth again provided almost the undermentioned ship "as all the jute and four-fifths
ul
Hong
Kong after removal of certain Navel equip ment and stores. If purchased for scrap, certain other equip-
Singapore Rubber mens will not be inclutied its
Market
the sale and will be removed before delivery to purchaser.
2. Offcia for this ship wilt.
Singapore, Mar. 22. be considered from any person The market opened steady on and should be made in writing trade buying with sellers to the Secretary, Ministry of Yangtze 0.33 0.432,000 6.50 reserved. The market, however, Transport and Civil Aviation,
33% 140
Yaumati Ailled Inv. 4.35 4.123
the London Foreign
New York Central rose. % 10 $24% on active trading "in the
The rest of the world may have produced about 40 million ounces. This would give a world total of about 200 million; as-ralis,
of U.S. suming the 35 million production to have been taken the US. Treasury, there would remain available balance of 165 million ounces.
Chemical stocks cared. were mixed,
Of 1,172 issues traded, advanced, 452 destined.
The NY Stock Exchange volume was $3,881,000.
The American Stock change volume was chares. Dow Joncs averages were:
Industrial consumption of sil- ver in 1953 is estimated to have amounted to the large figure of 163 million ounces. Of this no less than 105 million were used in the United States; the re- 30 Industrial maining 65 million ounces in- 20 rails... cluded 17.5 million absorbed by a stocks Germany and 11.4 million by the United Kingdom.
38 utilities
40 bonda
ons
Exchange
London, Mar. 22." The foreign exchange market had a very active day--the first 442 full day under the "New Free- dom" for the 24 "Bilateral bond agreement" countries--but there
was plenty of sterling available Ex- and rates for sterling were $60,000 mostly a shade easier. closing
The official market closed as follows:-
New York
2-816-2011 2.739/10-3.73 11/10
38.48 Montreat
114.15 100 178.57 -United Prass.
Amsterdam Blocked Mark.. Hamburg
10.833-10.641% 12-13
Brusela
Comm. future price index
used for New York Sugar
LESS USED
Less silver was
the previous coinage than in year, consumption for this pur- at about pose being estimated 75 million ounces.
Again the largest proportion United States was used in the
Market
Copenhagen....
Labon
Orto Paris Stockholm Zurich
1113-117196 140.01-140,12 a 19,411%-10:413%
80.00-0010 20.0641-20.01% 99244-083
1433/S14,931, 12.211-12.3134...........
LONDON GOLD
cased in the afternoon on selling Room 4017, Berkeley Square from Federation and some House, London, W.1. Envelopes profit-taking. It closed barely should be clearly marked "offer steady. Future closings were: to purchase" and should rench
No.
rubber per b.
April
May
583-0614 De-6614
June
the Ministry on or before 16th April, 1954,
2012-30% 3. "MAINE" R.N. Hospital
No. 2 rubber per (b. April 55:1-555||
No. rubber per lb. April 29-549 Ship of about 7515 G.R.T. 4200 No. 4 rubber per 18. April 86-5414 N.R.T. Length 420.3'. Breadth Spot rubber untaled 6544-63 62.2 Built 1925 by Ansaldo, Blanket crepe
00-5014
No, 1 pale crepe
021-6414 San Georgio. Engines
United Press,
Ansaldo,
by
Sampierdarena. 6
NEW YORK MARKET steam turbines D.R. geared to New York, Mar. 22. 2 shafts. 4 watertube bollers Rubber futures today closed and single boilers, H.P. 5500. 20 to 30 points higher. with Max. Seagoing speed 13 knots. sales of 120 contracts.
Switching operations in- Bhip is under the care of volved the July-December de- the Commodore-In-Charge, Hong liveries at five points, and a Kong, to whom applications" to commission house Investment Inspeet should be addressed, } demand for forward deliveries,
4. Further particulars dominated the more active trade copies of the form of purchas
in futures.
and
In the spot market a-fair-sized agreement can be obtained front trode Was reported in No. 1the Ministry of Transport and Ras for May delivery at 20 Civil Aviation, Room 4013, at the above address. (Telephone cents a pound, delivered basis,
Extension No. Mayfair 0404. Future closings were:
May
Dec.
March
The new role for the Japanese July Yon was announced here at Sept. 1019/1014 Yen to the pound New York, Mar. 22.
sterling. The nominal par is World No.
to 4 sugar futures 1508
the pound.-United of America, where the amount closed today unchanged to 2 Press,
points higher with sales of 809 required for minting was near-
43 million ounces. The est contracts.
Domestic No. 6 sugar futures matce given show a total ab-
incirsed unchanged to 2 points and coin- sorption for industry
of 238 million ounces, of higher with sales of ave con- coinage which the 48 million used for travis.
futuros ruled steady in the United States World were obtained from Treasury while domestic futuroswac "a steady Future closings were: balance otherwise provided of Contract No. 4 (world) holdings. This would leave
age
July
May Sept.
New York Cotton
Brot
* Open
1.86
MARKET
London, Mar. 22. The Brat session of the inter- national gold market since the outbreak of World War II 10 opened this morning with a 2300 much bigger turnover than Fat the London bullion market had
shanticipated, but, as, always in the, 3505 past, no figures were divulged. Cuba) 3:45
The desling price of gold, in terms of sterling was 248 skillings 81⁄2 pente buying, and 51248. shillings 5 peneetiling,
per ounces
The Bank of England's official price is 24#!abllings-United
20.50 2380),
20.45 20.43 United Prass,
20.35
5. The
Minister will not 20.300
any 20506 pecept responsibility for
errors or omissions in the particulars and description of the ship or for any Information which the person, submitting an offer may have obtained from any person whomsoever.
LONDON MARKET
London, Mar. 22. The rubber market was very
with stoady
No. 1 Ras spot quoted at 16-9/18 pence per ib. Prices: No. Ras spot ...... 1856-109%
Settlement house termi
-16%-10%
May
April
June April/June
General markets, cif babe portar March
·187/16-13-9/185 April
*United Premi..
Exchange Rates
unometal
market
ins
Budinem was done in the local moming at the following „TALERIA
B. Moller_(pur. 21)
100), va
6. The Ministar does not bind- [himself to accept any offer for purchase and his decision, in any case must be accepted as
+
A. W. WOOD. Signed by authority of the Minister of Transport and Civil Aviation at Berkeley Bquaro House, London, W.11/0 this. 3rd day of March, 195 In Hong Kong further particu- fara" and copies of the form of purchase agreement may be obtained from the Sea TransPOTS Oftory, Ofte of the Commodore in-Charpe, Heddquarters Bricials? Forem, Hong Kong, (Telephone ||No: 26181;"extension #218)3
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