Page 169 - 5 Persian Trade rep BUSHIRE I_Neat

BUSULRK. 7
Import*. Export*.
£ £
1898 ... 843.402 •420.721
1899 ... 910.528 529,348
1900 ... 1,323,063 710.338
1901 ... 1,031,478 573,01Q
1902 ... 1,179,990 3484202
1903 ... 870,803 3G0.C66
1904 ... 8S9.825 454,931
1905 ... 701,932 409,9S0
1900-07 803,842 593,421
1907- 08 1,052,043 497,990
1908- 09 793,405 432,596
According to the customs statistics the percentage of the total
trade enjoyed by the United Kingdom and India would appear to have
fallen 7 per cent, during the past year :—
Per Cent.
1901 55
1902 63
1903 49
1904 55
1905 59
1900-07 62
1907-08 77
190S-09 70
Exchange.—The average rate of exchange for demand sterling and
rupees for the period March 22, 190S, to March 21,1909, amounted to
54*54 krans per 11. and 302*93 krans per 100 rupees, thus making
a substantial return towards the high rate ruling previous to 1907-08.
Exchange fluctuated continually, though with an upward tendency,
the lowest point touched by the Bank was 51J krans per 11. on March 28,
190S, and the highest point on January 16 and March 14 at 57J- krans.
These fluctuations were in sympathy with the north, though the
rates were always considerably higher, higher even than the bazaar
rates at Bunder Abbas and other coast towns. The rise in rates was
not of course welcome to native importers, as there was no corre­
sponding rise in the prices of cotton goods and sugar.
Discount dropped from 2J per cent., and remained fairly stationary
at 1£ per cent, for bills at 17 days’ sight on Shiraz.
Specie proved extremely difficult to transport owing to the insecurity
of the roads.
The following table gives the average rates of exchange for the past
nine years:—
Per
Peril.
100 Ra.
Krona. Krans.
1900- 01... 52 -82 352-87
1901- 02... 54-38 302 -56
1902- 03..; 57-51 387 -19
1903- 04.- 57 25 379-62
1904- 05... GO 20 402-62
1905- 06... 60-12 400-59
1906- 07... 55*50 374 -45
1907- 08— 51 25 343 -18
1908- 09.- 54 -54 362 40
(225) A 4