Page 21 - Bahrain Gov Annual Reports (III)_Neat
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          The P.W.D. budget for 1362 provides for the completion of the Sea Road Extension, a wall
     surrounding the Government Hospital with gates, some improvements to the Fort including a new
     Clothing Store and magazine, enlargements to the jail at Jida, a dhobi ghat near the Palace Garden,
     further alterations to the Manama Palace, a guard room at the Adviscrate, rebuilding the Fort stables,
     additions and alterations to Government Hospital Dispensary and a Mortuary. The total amount
     allocated for new works is Rs. 50,000. Upkeep of roads and bridges is estimated at Rs. 15,000 and
     annual repairs to Government buildings at Rs. 15,000.
                             THE DIVING INDUSTRY.

          Although the price of pearls was higher than last year, especially at the end of the season, yet
      the season as a whole was a bad one. Divers, Nakhudas and the shore merchants who financed the
      boats in most cases made no profits. Out of 188 boats whose accounts were dealt with by
     the Government clerks only 45 boats made a profit. One important pearl was found which was sold
      for Rs. 6,000 and in this boat divers received Rs. 282 and pullers Rs. 188.
          At one time prices in the pearl market dropped suddenly by 25% but recovered after some
     weeks and then rose at the end of the season. This fluctuation was due to the disturbances in India
     which caused the Bombay market to close down for some time.
          The reason for the unsuccessful season was the great increase in the price of foodstuffs and
     the increase in the amounts of the diving advances which were decided upon at the usual meeting of
     diving Nakhudas and merchants soon after the previous season. The 1360 season was good and the
     merchants and Nakhudas optimistically assumed that the 1361 season would be still better.
          There was an increase in the number of diving boats, in 1360 the number of licensed diving
      boats was 222, in the year under review 298 boats went to the banks.
          I estimate that the value of the catch in 1361 was Rs. 10,35,000, about 28% more than in 1360.
     This represents the amount received by divers and Nakhudas and is considerably less than the final
      value of the pearls when they leave Bahrain after changing hands.
          The biggest buyers in 1361 were Seth Kishni and Seth Gendmal, Hindu merchants of Bombay,
      Messrs. Dhamanmal Isardas, Shaikh Mustafa bin Abdul Latif, Shaikh Mohamed Ali Zainai and Haj
     Abdul Rehman Mohamed Taher Khunji.
          A new and useful market, though not at present very important, for medium and low grade
     pearls developed in Iraq where Jewish merchants have begun to interest themselves in pearls.
          The following table shows the fluctuations in prices in Bahrain during the season :—
                                       1360                1361
                                      per chow           per chow
                                     Rs.  Rs.           Rs.   Rs.
            Sherin                   70 to 90          120   to 150
            Golwa                    15 to 20           30   to  35
            Na’am                    25 to 30           40   to  45
            Badla                     5 to 7             8   to  10
          The following is a summary of the account of a typical diving boat:—
              15  divers
              16  pullers
              1 Nakhuda
                Receipts        Rs. a. p.         Payments            Rs. a. p.
            Sales of pearls    2,302 0 0     Government tax            25 o o
                                             i/5th share of Nakhuda and
                                              financier...........................  455 6 6
                                             Cost of food             884 7 o
                                             Shares of divers @ Rs. 37 ..   554 *4 6
                                             Shares of pullers ® Rs. 24 ..  382 4 0

                               2,302 0 0                            2,302 0 0
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