Page 196 - 1 Persian Trade rep Bahrain 1_Neat
P. 196

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                    Imported pearls coinc from tli*» other Thinks of   b’li.g able to evade the Persian Custom
                                  the Persian Gulf. Thy large   closing of the main rout*« It-ading fn,lr| V. T>
                          Tctrlr
                                  inmwe in value is to be   t-r the interior h:»s probably al=o tended M aC'/’-
                  attributed partly to the attraction offered by tlic   tic use of le.-s known routes s:aHingfro,n ' •
                  extremely favourable state of the Bahrain market   p>rta of TangisUn.   m**’*
                  during the year, partly to rise in price. At the   Prinfii-nl Article* of l.icrJin** viln\</^C ^r*r» lb
                  same time it is probable that a certain quantity of   Inj- it ftiiil K\j>irt nuler K'b«t-valued artulrt ,.
                  these itajorts were re-exported to India especially   Gmaivl McichAiuliK. trade, excluding Pe^U a
                  at the end of the season. At that time the            Specie, were:—
                  Bahrain market fell owing to the outbreak of war
                  between Turkey and Italy, while a little later the   (Iktorted).
                  Bombay market rose (owing to the Coronation                       a
                                                                   .
                                                            Rice .
                                                                       .
                  Durbar ?).                                Cot (on Piece-good* .   22.30.-^
                   +. The increase in exports is due partly to the   Coffee ...    20,W.(r;
                                                                                   9.10/co
                                 increased import, Bahrain   Ghee .   .   ,
                    Kiport cf Pimrla.                                              G.CT.2C
                                 taking the place of Bombay   Sngnr of all Ur*In ,  5,13^C;
                  as centre of exchange, partly to rise in price.  To*  .   ,      5.10.1 %5
                                                            Date* .
                   It is stated on the authority of a European   Foci and Charcoal   3.C3.K4
                 expert that a good or bad Pearl year is almost   Fish Oil         3,0C*,]*4
                 entirely a question of price, and that the actual   Metal And Mc'jJ a-&ro   2.1  VW
                                                            Tobaco .
                                                                   .
                                                                      .
                  bike of pearls probably does not vary by more than   Cotton yxrn s.rd twist  1.87461
                                                                                   1,72J«
                  10 per cent. Prices in recent years have been
                 going higher and higher, and in l'Jll-12 they        (Extorted).
                 touched high water-mask.                                            R
                   It iB st-t**<l that prices rose locally by *10 to 1-0   Rice    lO.JfciU
                  per cent., and often exceeded the prices ruling at   Piece-goods   5.20.7M
                                                            Coffee .
                 the same time in Europe. It is also asserted that   Tea           3.5 r,*A
                                                                                   2.C».7a
                 pcails now sell here for several times, even up to   Sn^Ar of All kinds .   2.07,0:0
                  10 times what they did a f<*w years ago.  Da tea .               1,93.07»
                                                                                   1.87,0
                                                            Ghee ,
                   A factor in the spoiling of the market from the   Tobacco       Muon
                 purchaser’s jwint of view is said to be the keen   Kerosene       l.Olb'l
                 comj'ctitirn of European firms purchasing in   Mclal and Mcslware  73,fcl
                 Bombay, which has led them info giving exorbi­  9. Notes on certain items in the Tables tf It
                 tant advances to Arab brokers there, exceeding the   perts Nos. V aud VI (annexed).
                 value of the pearls which they are able eventually
                 to produce.                                      Slaughter Animals.
                   5. The following is an analysis of the Pearl
                 exj*orts according to common belief :—  Increase due to general prosperity and e
                                              s        qornt increased consumption of meat
                     Fir.sH/ *old in Raimid and export-
                       cd If the purchasers  . 1,50,00,000 j      Wearing Apparel.
                 of which rather less than half were exported by   Decrease said to l>e due to prosperity Ieaf-v-
                 European merchants and the remainder by Arab   inrreased import of Silk piece-goods in lieu.  .
                 and Hindu Merchants in the ratio of 3: 1. The
                 share of European merchants according to other   Bolding Material.
                 accounts was only R40,00,000.
                   This leaves the balance of Export, rather less   Increase due to Increased import of date^v
                 than til,50,00,000, as representing the value of   from Turkish Arabia, of which the poorer  AtSis
                 pearls sent by local Arab merchants to Bombay for   ym-k^ the huts in which they live.
                 final sale there.
                   Such pearls however of course often change          COF TfX.
                 hands repeatedly here before they reach Bombay.
                   This popular division into two classes has proba­  Increase partly due to rise in price of
                 bly some reason behind it, but it is not easy to see   Ccffec, partly to largely increased expjrt *
                 in what respect the exports by Arabs in the two   Turkish Arabia and Arab Coast. The large r
                 classes differ. In the first case, as in the second,   of Indian Coffee is noteworthy.
                 the pearls are presumably sold again at Bombay.
                   6.  A Prench firm, a London firm, and a-Bombay   Con axd Con Rope.
                 firm were represented in Bahrain in the year under   Used for the pearling and other ^bcets t*
                 review.                                prosperous years greater expenditure is
                   The operations of these two firms, which were   katpiug the boats in a good condition.
                 no doubt experimental, are not understood to have
                 been large. The very high prices ruling were *lso
                 no doubt discouraging to prudent buyer*.            Piece-goods.        ✓
                   7.  A feature of this and of recent years is the   Increase over last year was das to tbod
                                 growth in the exjiort to  during latter owing to stocks remaining <* j'
                   Export • at Ococral   Persia, of articles of Eoreign   Tie bulk of the increase has been boug^ .
                 KercLau<ll«e.
                                 origin, particularly piece-  JrJia and Great Britain. American sb**^'
                 goods, tea, sugar and rice.            abo gaining ground.
                   These goods are carried from Bahrain to the
                  minor ports of the Persian Coist south of Husbire.   Cotton Haw.             !
                  in Persian Native b«vats owned and worked
                  by TangisUnis, who undoubtedly count on usually  Lirge increase in import from Iudi»-
                                                                                               a
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