STATE of ISRAEL
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$500,000,000 INDEPENDENCE
BOND ISSUE
The issue is intended to promote
the' economic development of
the State of Israel. Its proceeds
are used for the purchase of
m a c h i n e r y, raw inateri2.
equipment and other items de-
signed to increase the country's
productive facilities. The alloca-
tions from the total issue and
allocated expenditures in the
fiscal years 1951-52 are tin mil-
lions of dollars):
WHAT CAN ONE DAY MEAN TO
BIG DAY, Sunday, June 8th
•
Industry and power.... $205 $34.2
Agriculture 130 18.1
Transportation and
40 13 6
communication
45 4 4
Trade and services
9
30
Housing loans
Reserve & flotation
50 3.4
costs
$500 $84.0
The Governmetit's economic
development program involves a
total expenditure of $1.500.-
000.000 of which $500.000.000
is to be provided by Israel and
other countries. and the balance
is to be obtained in the United
States. The $500.000.000 State of
Israel Bond Issue is the largest.
single source of funds for this
program.
What can one day mean to you?
You may vend it with
our family or with friendM,
The rapid, large scale im-
migration required an import
surplus to meet the invest-
ment needs of the economy.
For 1949 receipts on current ac-
count I expressed in Israel pounds
IL. then fixed at $2.80 to the
pound. were IL 20.600.000 and
payments. IL 94.100,000. For 1950
the respective figures were IL 21,
300.000 and 114.900,000, and. for
1951. IL 24,600.000 and 136.800,-
000. Economic steps designed to
combat inflation and encourage
productivity of labor. included
the establishment in February,
1952, of additional rates of ex-
change of $1.40 and $1.00 to the
pound to attract foreign invest-
ment and to promote export, re-
strictions of bank credit and
other measures.
enjoying vour well earned day of relit.
Yes. relaxation is fine ...
trayf- You ever realized what it would mean to give
one Iday of your time to help achieve a grealt objective?
On Sunday. June 8th. RIG Day for Israel will he observed
in our community.
As of December 31. 1951, fund-
ed debt was IL 195.9 t exclusive
of Treasury Biii.s. Omitted be-
cause of their relation to the
private Special Defense Budget s.
Israel has never at any time
defaulted on • the principal . or
interest on any debt.
III(; Day eyery ,leysi , h family in our town will be visited and
asked to -.11:tre in the building of Israel through the purchase
of 'tote
Government budgets exclu-
sive of the Special Defense Bud-
get and receipts from. related
internal loans , have been as
follows. in millions of IL:
1.-ratl Bond.. These Itoulds pav intereAt-
they art. an inyestment. not a donation.
V
4'
Expend-
Reef..ipts itu.res
May 15. '43-Mar. 31, '49 28.9 27.5
Apr. 1. '49-Mar. 31. '50 92.9 93.3
Apr. 1. '50-Mar. 31.- '51 148.0 148.1
Apr. 1, '51-Dec. 31. 'Si 129.1 135.5
-tsk You to (y.iy•e one 41,1. Ill your time to make MC Dav the
dais of the
y
ear for Israel. Here'• ' hat we can accomplish:
•
Thou.samls of investment dollars added to the life-stream of Israen• economy.
•
Increased speed in I ► ildino- factories. industrial 1)lant.4 and new farm.:
American Financial and De-
velopment Corporation. for Is-
rael. 120 Broadway, New York. is-
the underwriter for the issue.
CornmissionS or discounts are
6(".. The State also bears certain
other expenses in connection
with the flotation.
Two types of Bonds ore offered
at par
4
•
as follows: .
Israel needs now in order to become self-•upporting.
Bearing Bonds Denomi-
nated as Fifteen Year V -2 0 0 Dollar
Coupon Bonds. Interest payable May
1 and Nov. 1.
4 firm bond of friendship established between our community
Denominations: 5500 - S1,000 52.500 55,000
510 300 - 5100.000.
and the community of Israel.
b , Capital Appreciation Bonds De-
nominated as Twelve Year Dollar
Savings Bonds, Maturity Value:
to) Interest
I 50 o r, of issue amount.
Denominations: $50 - $100 -
$250 - S500 - S1,000 - 2,500 -
$5,000 - $10,000.
THE SUCCESS OF BIG DAY WILL DEPEND ON VOLUNTEERS
If you yds& is enroll as a velunteer for BIG DAT fill out and mail this coupon today.
11-
Fwefher istfermation, particularly flnoacial informotieso. is contained In the Regis-
tration Statement Med with Om COMM NOON and In a mere complete Prospectus
which most he teralehed to each purchaser and Is silmainaible from the oodorsignod.
Si'ATE OF
Orders for foods way be pieced
at, trod
Prospoctersos obtained from:
American Financial and Development Corp. for Israel
AMERICAN FINANCIAL & DEVELOPMENT CORPORATION FOR ISRAEL
2200 David Stott Bldg., Detroit 26, Mich.
Yes, I'll be happy to join with other members of our
community to be a volunteer on BIG DAY, Sunday, June
8th-to build Israel with Bonds. Please send me
prospectus and further information.
S RAE 1-2ONDS
SAME
lUIDItESS
CITY
2200 DAVID STOTT BLDG., DETROIT 26
This is
not a prospectus or an offer
to sell or a solicitation of offers
to buy these
securities.
The offering is made only by the Prospectus.