Coll 30/9 'Persian Gulf: Administration Reports 1926-1938' [‎138r] (280/1028)

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.
id) 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 m the
capital. The capital was to consist of Rials 2 , 000 , 000 ,
(£26,700) subscribed by the public.
(/) 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 .
(a\ And a company, the formation of which was proposed « Decem-
> ? her by the Minister of Finance, with a capital of 300,000
i £4 0001 to be raised by public subscription, to develop the
sale’s and exports of the products of native craftsmanship,
such as “khatami work” (Inlaid woodwork) mma work •
(enamel on metal), silverware, embroideries, etc.
, . tV ,. pn j 0 f the year that the monopoly of the export
r n ceded to a governmelt trading company in the capital
3 f saffron had been c a & ax /-\yr r TTnqsein Agar formerly
Hussein (Khan) Agar, ^ teI ^ ad "^ " the energetic founder of the
a, merchant in Manchester for ^i-^^Q otton Spinning Mill) was engaged
Pars Manufacturing Company (Shi C tt P as Comptroller General
auringthemonth of june by the Mmmtorof ^ wag ^ to come
of the Government Trading in thg autumn .
»p«. —•< s'* “s* r ” ,i
“■ .. Piece <» «« “““ ” “ ,0 ’""
bales, as follows:
Piece goods of Japanese manufacture
Indian manufacture
United Kingdom manufacture .
6,140 bales.
2,490 „
1,830 „
Imports o, .u E .e ^ ^
V ' or " rlJ ,1 ”
lopply. fc—el ».'« «”“>*» "" 0l, Jm
The tea supplies of the bnua
product. . ‘