'FILE NO: 14/14 name; BANK FOR MUSCAT (IMPERIAL BANK OF IRAN & THE PERSIAN GULF)' [126r] (251/434)
The record is made up of 1 file (215 folios). It was created in 15 Jun 1945-1 Nov 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.
f *
9
At the beginning or the V9J?$ the Erltlch f Inlatry of
Food purchased large conslgnEients of dry sardines which
were shipped to Karachi and later they intimated that they
would buy up all available supplies If tlie ' uacat r c ’c^uints
could provide freight to the U.K, but,of course, this was
impossible for theft to arrange*
All Uie fish from the small coastal villages are
brought by country craft to Hut trail. The seasons for
sardines are from February to raid-April, fron the end of
August to end of September and from the end of jttoeLiher
to the end of January*
Ceylon is the main market for dried fish for which the
season* are June to August and novenber to January •
fc'erchants are hoping to re-ooi irtenoe business with the
Continent and with the United Kingdom*
Dr*Berti*a*a from the Fisheries boa^d paid a visit to
Muscat recently to examine the mftwtKis used for salting
and drying fish* unfortunately, his report had not been
received by the
Agency
An office of the East India Company and, later, of the British Raj, headed by an agent.
by the time I left Muscat but I
understand that he considered there was good scope for
development, especially in subsidiary lines such as
Shark liver-oil etc*
Ljp-’ES . Limes are ^ulto an important export* They are
available all the year round in Muscat and are crown behind
the date garden belt and also between date gardens* They
are exported chiefly to the
Persian Gulf
The historical term used to describe the body of water between the Arabian Peninsula and Iran.
.
As in the case of dates, an import tax of 3^ is charged
on limes inserted into Muscat but no agricultural tax is
levied*
IMPQnTd * Before the Tior, Muscat imported its requirements
from various countries, such as hardware and hurricane
lanterns from Britain anti Geroany, textiles from Britain and
Japan, cement froti Japan, sugar from Java, Coffee fron Brasil
and Ceylon and cereals from India* Moat of the present-day
imports come from India (with Iraq a good second) due to
the fact that the bulk of the exports go to India and the
proceeds are utilised in purchases from India* gone of the
merchants, however, have recommenced importing from the
United Kingdom but others, after w^ioactlng supplier a in
the U*K, were forced to abandon negotiations on beir^ asked
to furnish the name of their Bankers*
At present, one-third of the imports of textiles, sugar,
wheat and rice are taken over by the Government Control
Department and rationed through the Government appointed
agents* The remaining two-thirds of these particular imports
car be sold by the merchants at whatever price they can
obtain or re-exported if they desire to do so* Ho refund of
duty is made on re-exports nor is there any transit duty
applied*
bhen conditions bocome more normal, it is reasonable to
suppose that all imports of wheat and rlco will come from
Karachi owing to the proximity of that port, but it is open to
About this item
- Content
The file comprises telegrams, despatches, correspondence, memoranda, and notes, concerning the establishment of banks in the Gulf including Dubai, Kuwait, and Muscat.
Issues discussed in the correspondence include:
- Concerns relating to the establishment of the 'India and Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. Bank Limited' with a view to undertaking banking services in Muscat and Dubai
- Approval of the application by the Imperial Bank of Iran to open branches in Muscat and Dubai
- Banking Agreement between Sultan and Imperial Bank of Iran, 10 July 1948.
Included in the file is a copy of the 'Banking agreement between the Shaikh of Dubai and the Imperial Bank of Iran dated 5th January 1956'
The file features the following principal correspondents: 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. (William Rupert Hay); the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. , Muscat (Ralph Ingham Hallows); the Secretary to the Government of India, External Affairs Department; the Sultan of Muscat and Oman [Sa‘īd bin Taymūr]; the Imperial Bank of Iran; and the Eastern Bank Limited.
- Extent and format
- 1 file (215 folios)
- Arrangement
The papers are arranged in approximate chronological order from the front to the rear of the file.
- Physical characteristics
Foliation: the main foliation sequence (used for referencing) commences at the front cover with 1, and terminates at the inside back cover with 217; 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. An additional foliation sequence is present in parallel between ff 1-217; these numbers are also written in pencil, but are not circled. 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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- Reference
- IOR/R/15/6/444
- Title
- 'FILE NO: 14/14 name; BANK FOR MUSCAT (IMPERIAL BANK OF IRAN & THE PERSIAN GULF)'
- Pages
- 118r:130v
- Author
- Eastern Bank Limited
- Copyright
- ©Permission has been granted by Standard Chartered Bank for any rights they hold in this material
- Usage terms
- Creative Commons Non-Commercial Licence