Page 196 - 6 Persian Trade rep BUSHIRE 2_Neat

•i

This decrease showed itself mainly in gum Discount.
tragaeanth, gum insoluble, raw cotton, sdft sugar
and almonds. On the other band several items Average rates of dircount for bills dr**,
6uch ai opium, carpet a and tobacco showed an Shiraz at 21 days sight were ns follow*
increase, ns a comparison of the statistics will
March to September 1920 . • • 2
show.
September lJi.0 U» March 1921 •
• 2l t*t
Finance,
i
Transport.
TLe fluctuations in the rates of exchange have
been extreme during the period under review, in
the case of sterling dropping &s low as Krs. 20*4 Bushirc-Sliraz Road.
per £l,and in the care of rupees as low as Krs. As has been mentioned under the hfcv.j-
' 241*S per Its. 100 (both in April 1020). The “ Conditions affectin'* Trade ” the Light He* J
maximum rates reached were Krs. 54-*17 per .-tl from Busbiie to Bora«jnn was o;-cn to p.J
(in March 1921), and Krs. 365*8 per Its. 100 traffic during the whole of the period und--.J
(in February 1021). Average rates Krans 37*0 view and greatly. facilitated speed of tiart-:. {
peril sterling and Krs. 309*02 per Rs. 100. and at the same time reduced its cost. j
These fluctuations have, in the main, been due nitherto ‘Rahdari 9 and * GoosM’ {road uJ
to the natural causes of supply and demand.
levied by the khans or headmen on the r-J
Another reason for the low rates of exchange have been a very heavy c-harwe on the «-•; .j
in the Airly part of the year was the enhanced transport, but these taxes ha«e been pn-L.' \l
price of bar silver in:bc open marhet, which las since the advent of tiained troops. Hie Lx:i
reflected itself with the same disconcerting re­ however, have retaliated in a surreptitious mn-.i
sults as have teen seen in China and India during Ly gradually increasing the prices charged *
the s'-tme period. fodder in thc:r districts, and thus have regain;
percentage of the Iofecs occasioned by the jr
The reduction in British Military expenditure, hibition of the taxes.
ranking as a reduction in exports, has added to In pre-war days animal transport was grad-3.!
the clpreciar.ion of llekran. ?doreover, the elump
in Eastern products in the home markets has but stf-adily disappearing from the Eushire-il.'
discouraged exports, and Perria finds it increasing­ Road for other feenes of activity on at-couii
ly difficult to balauce her trad-. the insecnrily on this road but during the:.,
jear or two it has not been difficult for xnen.Lv:
TLe Persian Government bas placed an em­ to obtain an adequate supply of transport for ti-
bargo on the export of silver from the country, goods.
but in spite of the witchfuk-e^.B exercised by the
Customs Officials it appears that large qualities The following figures show the number
of krans have been smuggled out of the country, transport animal* plying on the Basbirc-Sir
especially recently since the depreciation in the Road daring the year 1920-21.
exchange value of the kran took place.
Pen:a* Monlb*. Male*. Donley*. C*njf*x
Average rates of exchange in- recent years have
been:----- 1st month I, 859 404 US
*nd w J. G68 847 C
Per £ Per YU. 100
Srd . 1,441 45* 111
1910- 11 64-80' 367-76' 4*h » 68 238 1/W
IS*
1911- 18 64-10 862-91 “ 6th . 1,299 ATI 1CJ
1912- 11 6618 877-42' 6th - 146$ 159 1$
1918- 14 66-78 .I79-62 * 7th . L906 84
1914-16 • 62-50 411-66 8* - 1^37 117
191/-16 . 63-Cf 420-61 9th . 1^28 806
1916- 17 . 43-81 ' 295-69 10th „ 1,414 807
1917- 18 . 3812 • 282-44 Uth . 877 1,039 IS*
191M9 • . 80-40 222-88 12th „ 2,182 tiTlT
1919- 20 '• • 88-88 • - ttl‘SSr 17,838 7.380 044
1920- 21 ' . *87-00 Wer