The Archive · 1939

Direction of Overseas Trade

Much useful information is to be ned from the April overseas trade returns. These include the usual quarterly figures for distribution of that trade over different countries covering, in this case, the three months to end-March last.

A remarkable feature of this di tribution of the United Kingdom trade has been the relatively small extent te which the recent growth of autarchy and of exchange and other restrict has diverted it. The table below illustrates this particular point. just opened an office at its Teheran bazaar branch where transactions in the sale and purchase of Iranian securities can be conducted. A similar department is to be opened shortly at the head office This new arrangement is a kind of forerunner of am envisaged Iranian bourse.

All kinds of securities, including bills of exchange, shipping documents and the like can now be bought and sold at the newly opened department From the day when business began the National Bank has been publishing dail quotations of Iranian

Text read from the printed page and cleaned; old type leaves the occasional error.

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