Page 440 - Bahrain Gov Annual Reports (I)_Neat
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438
                               The Peorl trade and the Diving industry.





                            The 1352 season.

                                 The slump in the pearl trade and the conse­

                            quent depression in the diving industry still con­
                            tinues hut it appears that the 1352 season showed
                            a slight improvement over the previous season.
                            I form this opinion after examining the accounts

                            of the authorised diving clerks who make up the
                            accounts between the divers and their nakhudas.
                            These clerks have dealt with the accounts of 345
                            boats out of a total of 436 end I have taken the

                            results of their accounts as a besis on which to
                            calculate the average of the whole catch,     These
                            figures represent the rockbottom prices paid to
                            the nakhudas, they differ very greatly to the

                          . prices obtained on shore when the pearls have
                            passed through the hands of several merchants and
                            they differ even more to the prices paid for the
                            same pearls by foreign buyers in 3ahrain and

                            3ombay and ultimately in Europe.
                                  2.   The results of my calculation are as
                            follows.
                                 Year.         total i\0. oi    Total value of
                                                   boats.       pearls in Rs.
 ■I
                              1347/1348            538
                              1348/49              509          Rs 21,25,000/-
 _                            1349/50              504            18 32,000/-
                              1350 If              456            12,14,000/-
                                13                 436            13,40,000/-

                             For the purpose of comparison I have included the
                             the figures of previous years.    jUthough 20 less
                             boats went out to the banks the value of the catch
                             was li lacs more than the previous year.





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