Page 475 - 5 Persian Trade rep BUSHIRE I_Neat

Export Trade of the Port. These are the highest but tho declaration of war was followed by a very
figures recorded, just as thoso of 1913-14 were the sharp rise, the result, a-;*: -rding to tho local Mana­
lowest. Tho increase is of course duo to the War ger of the Imperial Bank of Persia, of the depre­
having practically confined trade with tho Persian ciation of the rouble an I the absence of exchange
Gulf to tho United Kingdom and India; and in on Europe in tho North of Persia; this rise
a smaller degree to export of Opium having prevailed until the end or the Persian year, when
ceased to tho Butch Indies. rates fell very sharply.
Money was very tight in Bushire for some
Ter cent.
months, and a high rate of discount was willingly
given on paper drawn on Shiraz.
1901 65 :
1902 63 No bankruptcies of importance occurred, and,
IOO3 •19 as mentioned elsewhere, several merchants im­
1901 65 proved their position very considerably owing to
1905 59 profitable business in opium, and sales of pre-war
10-30-07 (ilircb) 02 stocks of sugar, etc., at enhanced prices.
1907-08 77 A3 compared with 1913-1 i, the average
1903-09 70 monthly rates of Bank demand drafts were as
1009-10 68 follows:—
1910- 11 70
1911- 12 05 liOz.l:z. London. Bombay. Bombay.
1912- 13 CO 1912-14 1914-15 1913-14 1911-15
1913- 14 43 March 21-31 Kraca
1914- 15 79 per £ l Zr-1 67* 376 3S6
April 57i 3SL 3S4
Customs Receipts in the Gulf Ports. -hay or l 50* 3S7 374
Gross Customs Revenue for the Persian Gulf June 57 06} 331 375
Provinces for the past 4 years at an average J uly ... St* 66* 376 360
exchange of Kraus 55 per £1 have been August ... 5c*i 591 378 407
Scptomler So 65 375 415
Provinca. 1211-13 1913-13 1913-14 1914-15 October ... So 63 374 433
£ £ £ £ November 68 373 442
Bandar Abas . 34,153 33,270 33,970 23,776 December . . 5:1 6SJ 3S9 417
Boahue . 57,720 59,565 82,021 99,216
1915
Arabistan . . 53,512 47,377 53,110 35,247 Janoary . 57 67* 3S3 440
Total . ISO,395 165,21* 174,101 163,269 February 57i 06* 386 435
March to 20;h, 67i 62* 3S6 420
In 1914-15 Bashire was the second most
important Customs Port in Persia, the gross
Customs receipts for the province being 5,4o-S,50S A comparison with average rates of exchange
Krana as against 7,693,952 Krans collected at in previous years shows:—
Enzcli and smaller ports in tho Province of
Gilan.
Per £ 1 per 100 Re.
It is noteworthy that in 1914-15 the net
Customs receipts for Persian Gulf Porta amounted 1906- 07 Krana 55- 50 374*45
to Krans 7,795,706, while the payments effected 1907- 08 . 61- 25 313-18
by the Persian Government for the interests etc. 1008-09 64-54 362-93
of British loans and advances (secured on the 1909- 10 . 66-15
Southern Customs) were Krans 6,532,184. 1910- 11 6460 37687
367-75
1911- 12 . 5410
Exchange. 362*92
1912- 13 56- 18 377*42
Daring the ante-war period of 1914-15, rates 1913- 14 6676 379-62
of exchange remained on the level of 1913-14, 1914- 16 . 62- 50 411-55

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