Report to the ... Zionist Congress and to the Council of the Jewish Agency in ... · 1937-08-01 · 8.1937 · p. Seite 35

— 35 — % o£ General Marks Transfer (c) Investments in National Companies in the form of Shares or Debentures : Jewish National Fund ...... Nir Limited ........ Rassco Ltd. .......... Palestine Land Development Company Palestine Agricultural Settlement Association (part amount of forthcoming issue) ........ 11,689,352.81 20.86 3,116,660.— 7,003,578.61 889,080.46 271,818.93 5.56 12.50 1.58 0.49 408,214.81 0.73 (d) Investments in Other Large Agricultural Enterprises and in Colonisation Agencies : Hanotaia, Ltd. ........ 3,091,176.10 5.25 Jaffa Plantations Ltd..... 410,995.75 0.73 Naharia Ltd........... 113,304.63 0.20 P.I.C.A. Settlers ........ 92,635.65 0.17 Miscellaneous ......... 91,130.49 0.16 3,799,242.62 6.78 (e) Various Transfers .......... 2,211,296.53 3.96 (g) The Nuremberg laws, passed in Germany in September, 1935, caused a particular intense tendency towards emigration among the German Jewry. As, however, the Palestinian market cannot absorbe German goods over and above a certain unsurpassable limit, the Haavara was forced to look for other means of extending the scope of its activities. 1. An agreement was effected which permitted to sell Haavara- Mark in the neighbouring countries of Palestine (Egypt and Iraq), in order to increase the amounts realized by transfer. From September 1935 until April 1st, 1937 three millions of Mark, equal to about 150,000 LP., were realized by the sale of Haavara Mark in the countries of the Middle East.