(Jewish Telegraphic Agency)
The participation of English capitalists in Palestine agricultural and commercial developments is growing considerably, according to reports made known here today.
The Sir John Jackson, Ltd., London engineering company which recently installed the water supply system in Jerusalem, has now purchased stock in the Jewish Haifa Bay Development Company. It was also stated that the Sir John Jackson company will place a bid for the construction of the Haifa harbor.
Other English capitalists have purchased stock in the Nesher Company.
The Italian company, Almagia, was engaged by the Palestine government to deepen the Haifa harbor. Four thousand square meters of sand have already been dredged. Large sailing vessels are now able to approach the Haifa coast. Another four thousand square meters will have to be extracted. The Almagia company has submitted its offer to the Palestine government for the construction of the Haifa harbor.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
