'Adminisistration [Administration] Reports 1931-1935' [‎180r] (359/416)

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A subsidiary company, the “Shirkat-i-Panbeh” was formed later
to promote the exports of cotton and to take measures for the
improvement of the qualities under cultivation.
(b) The Shirkat-i-Sahami-i-Shakaristan Mahdud, with a capital of
Rials 800,000 (£10,700) in 800 shares of Rials 1,000 (£12-10-0)
each, to take over the sugar and matches imports and distri
bution. This company was formed in January and the capital
was found by local merchants.
{c) The Shirkat-i-Sahami-i-Ghalleh with a capital of Rials 1,000 000
(£13,350) Rials 760,000 (£10,150) of which was taken up by
government through the Agricultural Bank. The company is
empowered to increase its capital to Rials 4,000,000 (£53,500)
if the public subscriptions exceed the sum of Rials 240,000
(£3,200) remaining over for subscription. The management
announced that the company was ready to pay the private
investor interest of 18 per centum and that the profits payable
to the Agricultural Bank will not exceed twelve per centum.
(d) The Shirkat-i-Khollar (so named after the famous wine grape
growing district, 45 miles to the N. W. of Shiraz) for wine
making and spirit distilling. The capital was to consist of
Rials 1,500,000 (£20,000) of which 66 per centum was to be
found by government. A German wine maker was engaged.
(e) The Shirkat-i-Qumash to deal with the importation of Piece goods
on licences obtained from the parent monopoly conpany in the
capital. The capital was to consist of Rials 2,000,000
(£26,700) subscribed by the public.
if) The Shirkat-i-Dokhaniyat-i-Sahami-i-Fars, with a capital of
Rials 1,000,000 (£13,350) found by public subscription. The
concern will deal in tobacco and tumbak .
(g) And a company, the formation of which jn Decem-
ber by the Minister of Finance, with a capital of Rials 300,000
(£4 0001 to be raised by public subscription, to develop the
sales and exports of the products of native craftsmanship,
such as “khatami work” (Inlaid woodwork) mina work -
(enamel on metal), silverware, embroideries, etc.
It was announced at the end of the year ^t the monopoly of t^rt
saffron had been ceded to a government trading company in the cap
Hussein (Khan) Agar, ‘Etemadml-Tu 3 ar (Mr. Hussein Agar.Jormeriy
merchant in Manchester for many years) . .^ was engaged
.rs Manufacturing Company (Shiraz Cotton^&piunm^^^^^
irmg the month of June by the Mm . T TT e wa s unable to come
the Government Trading Companies ™ Ir “ u “ e WaS
to line with conditions and resigne m d gar ^
Imforts.-TU principal imports consisted of Piece goous, g
L aviro/ market are estimated at 10,460
Imports of Piece goods for the Shiraz ma
les, as follows:
6,140 bales.
2,490 „
1,830 „
Piece goods of Japanese manufacture
Indian manufacture
United Kingdom manufacture
1 ot entirely of Dutch and Dutch colonial
Imports of sugar were i“° r ernme nt Monopoly.
)duce, maily on account of the G -formerly the sole source of
The French and Belgian sugar imports,
>ply, dwindled away ““P le ‘ e J' ket consisted mainly of the Java
The tea supplies of the Shiraz
)dnct.