"تقارير إدارية ١٩٣١-١٩٣٥" [ظ‎‎١‎٩] (٤١٦/٣٨)

Telegraph Office and the cable connecting Bandar Abbas with Henjam via Kishim
Island was disconnected.
Lingah. —The I. E. T. D. Wireless Station was closed down on the 28th
February.
Henjam. —The Wireless and Cable Station on this Island is now being maintain
ed and operated by the Imperial and International Communications, Limited.
Imperial Bank of Persia. —Mr. E. S. Matheson took over charge of the Branch
of this Bank from Mr. I. Macrae on the 18th April.
Owing to the severe exchange control, banking transactions were drastically
curtailed. A gradual improvement took place during the latter part of the year
when the Rupee and Sterling exchange were freed from restrictions and there
was a strong demand for rupee exchange in the bazaar even at the high rate of 680
krans per Rs. 100. However, the banks stopped selling after a short time when the
value of the pound fell to 60 krans.
The National Bank of Persia which was opened here in 1930 under the Mana
gership of Monsieur Wurst and transferred to M. Karl Hoefer on his departure in
October has become a serious competitor and has increased the difficulties of the
Imperial Bank.
All coin of a very low standard except those hole-ringed and broken remained
as legal tender throughout the year.
Selling quotations of the Banks on London and Bombay were as follows :—
London Highest .. .. .. .. krans 90 to £1.
As mentioned above the selling rates were nominal except when the foreion
exchange was freed by the Persian Government for a short while.
Imperial War Graves Commmwm.—Captain G. Peek, O.B.E., the Area Officer,
Basia, of the Commission visited Bandar Abbas on two occasions during the year and
concentrated to the Naibund Cemetery seven war-graves from the Zabul district
two from Kerman and one each from Henjam and Jask.
Lowest
Average
krans 60 to £1.
krans 75 to £L
Bombay. Highest
krans 680 per Rs. 100.
krans 444 per Rs. 100.
krans 562 per Rs. 100.
Lowest
Average
Red Oxide of Iron.
Trade and Commerce.
“8 W ‘ th the exception of two closed down in
sugar monopoly was reserved for themselves