Page 28 - PERSIAN 9 1941_1947

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y^nanoe.
The average weekly CLexaan4 far.credit tor Guatoms
clearance and forwarding charges increased "by almost loo#

e.g. Blais 3,000,000 as against Biala 1,500,000 in the previoui
year, This, ot course, is accounted Tor "by the ^freeing* of
the various iters of commercial goods to private merchants,

such as sugar, tea, cotton, and pieoe goods* local merchants
made some profit on sugar and tea speoulatlona although the
i '
up oountry merchants who are the original source of imports
*
ot suoh goods enjoyed a much higher profit in these specula­
tions.
Interest rates were higher with the increased demand

for accommodation and shortage of cash. The Eanq.ue Ilellie
Iran several times held*up the issue of note3 and was in
difficulty to meet local demands. They also restriotod
credits to mcrohants on account of the uncertainty of the

political situation..
jsrioultirra.
T7hile crops wore not so satisfactory as in the previous

year they would still have sufficed for the needs of the
people if the Government had not furthered the .export of
considerable quantities of food grains by allowing it free
to Gulf ports. Criug to the scarcity of wheat in the north

of Iran due to its export to Germany in the first half of the
year, stocks of Bushlre wheat were sent up country by the

dovernment monopoly. As a result there was a groat shortage
of wheat in the southern ports, including Bus hi re. The supply
of wheat fro* India which took place in the months of October

to Boo ember relieved the position and the anxiety of the
population, But tha supply of .wheat to bakers remained.
Insufficient and wheat was as usual only available to . the pub-

He In the font of bread.
Bates of the sane, kind as those exported last y***
enjoyed a good market In India,

She autumn rainfall was slight especially in the
/ iancdlat^