Not a single case of bankruptcy has occurred among Jews of Haifa during 1932, according to the report of the Haifa Jewish Chamber of Commerce just published.
The report shows that the number of houses built by Jews doubled in the last year and that the number of protests registered on banking notes dropped to 675 as compared with 1,605 of the previous year.
It also discloses that the Imperial Chemical Industries in Haifa, in which Lord Melchett holds a controlling interest, has increased its turnover by 40% and showed an excellent profit at the end of the year.
Similar good business was done by Jewish factories and commercial enterprises.
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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.
