Page 14 - 6 Persian Trade rep BUSHIRE 2_Neat

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As coraoared with 1914*15, the average Owing to the predominance of sellers on Shiraz
monthly rates of Bank demand drafts on London discount rates remained as high as in 1914-12.
and India were the following :— Fiom the *2t’th July no bills on Shiraz were
purchased (by the bank at any rate) owing at first
to the anarchical situation in Shiraz and after
London London Bombar Bombay
1914-15. 1015-1$. 1914-15. 19:5-1$. November 10th to the forcible closure of the bank
in that town.
No important bankruptcies took place during
£ £ £ £ the period under review.
March 21—31K ran* 571 e:\ 336 417 Rainfall.
p?r£.
April . 67J 631 334 423 1912-13 1913-14 11914*15 1913-16
Inches. Inches. Inches. Inches.
Hay 56j 61 374 406
Jane . 661 611 375 410
March 21—31 014 004 OGO 1-63
July • 5C» 65* 380 433 April 025 002 031 1-28
August 601 89} 407 462 3Iay . 010 002 OCO 00)
September C5 63} 415 433
November . OOO 201 323 OCO
October 63 65} 432 457
December , 1*18 4-13 M3 020
November 63 64} 442 423 Jaauaryl3J8 3*i 6 1-19 013 3S5
December . 63 447 420 February „ 1-67 2- 44 07 7 105
Janaary 1916 67* 61} 440 403 March „ 1-20 003 062 2*42 074
* February „ 6oJ 60 435 400
March „ 1-20 62} 57| 420 385 The rainfall for the seasons October to May has
been in the past ten years:—
Inches.
A comparison with average annual rates of 1106-07 8*94
exchange in previous years shows: — 1907-08 602
Per £ 1 Per filOO 1903-09 6-41
1907-03 Erana 61 25 343*18 1909- 10 16*32
1903-09 5454 36203 1910- 11 2Cr29
1909- 10 56*16 376*87 1911- 12 9-C0
1910- 11 54*80 367*75 1912- 13 607
1911- 12 64*10 362 92 2913- 14 11*55
1912- 13 56*18 377*42 2914- 16 1099
1913- 14 66*76 37962 2915- 16 8*75
1911-15 62*50 411*55
• 1915-15 6309 420-61 A poor harvest in 1914, much below the
average and the requirements of the region, was
Discount. followed by one rather worse in 1915. The firvt
heavy fall-of rain, sufficient to permit ploughing;
Discount rates for bills on Shiraz were as held off till December 2fctb, 1915, a record for the
follows >— past 20 years ; and this alone meant that little
1915. ground could be shown before the 15th January,
25th Much • . 3} j*r cent dacooct. after which date sowings rarely come to perfection.
Cth April • . • 3 * „ With absence of sufficient rain in March the
15th . • a*. harvest of 1016 (reaped shortly after the end of
20th » . 2*- ■ the period under report) was a total failure, the
29th „ - * -
1st Jans . . . 11 * M crop in several districts being left on the ground,
Slh Jaljantil (29th July) . 1 „ and not repaying the labour of cutting. As a
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