The progress of Haifa Jewish community during the past year was outlined by S. Nathanson, president of the Jewish Chamber of Commerce, in his annual report here.
“With the exception of the drought and crop failure, 1933 proved a year of plenty in all respects and on the whole a year of great prosperity,” Mr. Nathanson declared. “Commerce and industry expanded and developed, dozens of new stores were added, Tel Aviv and Jerusalem business firms opened branches in Haifa, and new industrial enterprises were established.
“During this entire year,” he continued, “no bankruptcies or stoppage of payments were reported and the number of protested bills decreased from 675 in 1932 to 472 in 1933. Existing industries were unable to supply the increased demand and steps were taken to enlarge their output. A lack in artisans and laborers of all types was felt, wages of labor rose, and the prices paid for work in creased. There was great activity in real estate transactions, hundreds of building plots in the city proper as well as on the Carmel and Haifa Bay which for many years comprised frozen capital, were sold to citizens and newcomers alike for rather high prices.
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.
