Coll 30/80 'Trade: Reports on Persian Gulf Market and trading possibilities' [137r] (274/712)
The record is made up of 1 file (354 folios). It was created in 30 Apr 1930-12 Mar 1948. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
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v
19
Currency, Banking, etc. —The Indian rupee forms the basis of all
commercial transactions. The average rate of exchange during
1933-34 was
Rupees
Indian silver coin also widely used in the Persian Gulf.
1,340 per one hundred pounds sterling. There
is a branch of the Eastern Bank Limited in Manama, which
transacts all classes of business, a branch office of the Mesopotamia
Persia Corporation Limited, who also act as agents for Imperial
Airways, a post office and a wireless station.
Trade. —The total value of trade during the year ended the
plst March, 1934, amounted to
Rupees
Indian silver coin also widely used in the Persian Gulf.
16,029,840 and showed a
slight increase over the figure for the previous year. Imports
actually decreased from
Rupees
Indian silver coin also widely used in the Persian Gulf.
9,772,360 to
Rupees
Indian silver coin also widely used in the Persian Gulf.
9,275,040 but
exports increased from
Rupees
Indian silver coin also widely used in the Persian Gulf.
6,094,210 to
Rupees
Indian silver coin also widely used in the Persian Gulf.
6,754,800
making a total increase of
Rupees
Indian silver coin also widely used in the Persian Gulf.
163,270.
The following table shows the value in
rupees
Indian silver coin also widely used in the Persian Gulf.
of imports from the
principal countries during the last three years :—
1931-32.
1932-33.
1933-34.
India
... 5,741,970
4,849,460
4,244,390
Arabia
811,190
955,400
923,240
‘Iraq ...
847,290
667,020
854,920
Japan
500,870
777,520
831,540
Persia
720,040
460.200
600,140
Great Britain
490,820
673,980
401,700
It will be noticed that although Indian imports still predominate,
they show a big decline as compared with previous years ; Japanese
imports show a steady increase, whilst United Kingdom imports
have decreased by over a third in the past year.
Imports.— Rice, cotton goods and specie in the order mentioned
are the chief items of import. India continues to be the almost sole
importers of rice, though recently some 35,000 bags have been
brought to Bahrain by Japanese steamers and sell in the bazaar
as Japanese rice. This rice, however, is reported to have originally
been bought from India by Japan in view of a threatened famine
and subsequently re-exported when there was found to be an un
expected surplus. In September, 1934, it was selling at
9
Rupees
Indian silver coin also widely used in the Persian Gulf.
4 annas for a bag of 218 lbs. and was cheaper than
Calcutta rice which cost the same amount for a bag of 162 lbs.
India, Japan and the United Kingdom shared the import of cotton
goods, but the value of United Kingdom imports fell from
Rupees
Indian silver coin also widely used in the Persian Gulf.
442,500 in 1932-33 to
Rupees
Indian silver coin also widely used in the Persian Gulf.
208,460 in 1933-34. The
corresponding figures for Japanese imports were
Rupees
Indian silver coin also widely used in the Persian Gulf.
558,410
and
Rupees
Indian silver coin also widely used in the Persian Gulf.
486,340 and for Indian imports
Rupees
Indian silver coin also widely used in the Persian Gulf.
694,000 and
Rupees
Indian silver coin also widely used in the Persian Gulf.
640,590.
Specie was mostly imported from India and ‘Iraq.
Exports. —The principal exports in order of importance in
1933-34 were gold, rice, cotton goods, pearls and specie and the
principal countries to which exported, Arabia and India.
About this item
- Content
The file contains information on economic and trade conditions in the states located on the Arab side of the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. , and discussion of the potential market there for British goods. The main correspondents are the Department of Overseas Trade, and the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. . The file also contains a number of detailed reports from British officials, which were submitted to the Department of Overseas Trade.
The first of these reports, dated 1931, relates specifically to cotton piece-goods, and consists of a general report by the British Vice-Consul at Bushire on the Arab coast market, and reports on local conditions from the Political Agents at Kuwait and Muscat, the Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. Agent, Shargah [Sharjah] (relating to Debai [Dubai] and the Trucial Coast A name used by Britain from the nineteenth century to 1971 to refer to the present-day United Arab Emirates. ), and the Director of Customs and Port Officer, Bahrain. Further general reports on economic conditions in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. by various British Vice-Consuls at Bushire, are dated 1934-37 (including a Department of Overseas Trade published version, for October 1934, folios 126-144). There are also other reports on local conditions, and general correspondence concerning economic conditions and the market for British goods. Papers from 1936 onwards show increasing awareness of the importance of oil in enhancing the potential economic significance of the Gulf states.
The following correspondence is also of note:
- Folios 73-75, dated 1938, draw attention to the increasing market for Indian products and the potentially increasing field of employment for Indians in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. , particularly at Bahrain.
- Folios 66-69, dated 1942, concern the export of tobacco to the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. .
- Folios 57-64, dated 1946, concern difficulties experienced by merchants in Kuwait in obtaining British goods.
The file includes a divider, which gives a list of correspondence references contained in the file by year. This is placed at the back of the correspondence.
- Extent and format
- 1 file (354 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file.
- Physical characteristics
Foliation: the foliation sequence commences at the inside front cover with 1, and terminates at the last folio with 355; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. A previous foliation sequence, which is also circled, has been superseded and therefore crossed out.
- Written in
- English in Latin script View the complete information for this record
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/3797
- Title
- Coll 30/80 'Trade: Reports on Persian Gulf Market and trading possibilities'
- Pages
- front, front-i, 2r:14v, 15v:31v, 32v:126r, 127v, 128v:298v, 307r:355v, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence