AMPAL'S Triumph

THE JEWISH NEWS-77

Friday, September 19, 1952

Israel Makes Good in U.S.

NOW

Year Greetings

the form of philanthropy, but
as a sound investment in the
Jewish National Home.
By MILTON BROWN
Founding a new company and
Copyright, 1952, Jewish Telegraphic Agency, Inc.
Featuring Chicken, Turkey, Shrimp Dinners
- selling shares
Ten years ago an energetic,istein came to this country on a
Family Style - Special Menus
sounded. like a.
self-assured and purposeful, but : mission for the Workers' Bank
We
Cater
to Parties, Weddings and Banquets
wild
idea
to
entirely unknown young man by ; in Palestine. His idea was to
many, especially
the name of Abraham Dicken- secure American money not in
10780 S. Telegraph Road
at a time when
LO. 1-9696
■
Rommel stood
at the gates of ,
Sincere New Year Wishes
Alexandria and
when many,
practical -mind-
Greetings on the New Year
ed Americans
thought that
Detroit's Oldest and Largest
shortly all of
North Africa
Screen Process Producers
Dickenstein and the Near
Native Style Family Dinners
Advertising - Display - Posters
East might have to be surren-
Special Noon Lunches — Carry Out Service
dered
to
the
enemy.
At
one
of
Hours 12 noon to 3 a.m.
1909 Brush St.
WO. 2-9114
Air Conditioned
his first meetings with influen-
#4. +•+•4 •••••••••••••••••••••••••••••••••4•••••••• ■ tial people in a large indus
19010 LIVERNOIS at 7 Mile Road
trial town on the West Coas
Diiiiminntimmuntimmniiiiirtminimminimmumminiininimimminitimuniminiiiimmlumilig some ' bankers questioned th t,
UNiversity 3-9214
feasibility of the young Pales-
tinian's enterprise. Are you'
f _
HOLIDAY BEST WISHES
=
E-.4
7 sure, he was asked, that the
E
Palestinian Jews will not fly be-
fore the enemy like so many
Most Cordial Holiday Greetings
! C.
larger and stronger nations?
E
Dickenstein, a man who usu-
ally
speaks the language of cold
8230 E. FOREST
practical finance, gave a glowing
picture of the Yishuv's organ-
E- Mr. E. J. Gruber
WA. 1-2519
Good Home Cooking - Home Made Pies
ization for a fight even if it
should be the last stand against
the enemy, of Haganah's arm-
18944 Grand River
ing and organizing, of prepara-
VE. 7-9810
tions to meet the much stronger
enemy on the field, of plans for
New Year Greetings to All
guerrilla warfare and resistance.
He described in considerable de-
Best Wishes to All for a Happy New Year
tail the spirit of the Y-ishuv,
comparing it with the panicky
Manufacturers of Guaranteed
mood of Europe a few years
BIRCH FLUSH DOORS
earlier, saying that the Yishuv
would fight to the end. The
Custom Made — Interior and Exterior
small group of listeners were
We Deliver
Paintin'g Contractors
convinced. The first few thou-
8930 Brandt, Dearborn
sand dollars were forthcoming,
TI. 6-4008
and food ships were dispatched
16830 RUTHERFORD AVENUE
to Palestine in an hour of dire
Mr. Stark, VE. 6-3728
• 4 ***********************************************i need.
We all know how Hitler's in-
Best Wishes for 4 Happy New Year
vasion in Africa failed and how jI11111111111111111111111111111111111111111111111111111111111111111111111111111111 11111111111111111111111I1111111111111111111111111111111111111,
the financial "i n v a s i o n" of
EE
Happy Holiday Wishes
Ampal succeeded in America.
The Ampal-American Palestine
EE
Trading Corporation was found-
Now is the Time to Fill Your Bin
d late in 1941. Abraham Dick-
COAL
FUEL OIL
COKE
/ e nstein succeeded in attracting
• Quick Quality Service
STOKERS
HEAT REGULATORS
t o his enterprise eight men who,
Four Hour Service - Cash and Corry
with him, became the founding
ALTERATIONS
DYEING
6650 KERCHEVAL AVE.
members of the Ampal corpora-
- tamp Shades Expertly Cleaned and Recellophaned
Order Dept. LO. 7-4380 to all yards
ion in February, 1942—the late
Pickup and Delivery
Albert K. Epstein, Mayer S. E-
Hiken, the late Edmund I. Kauf- - 20416 W. 7 MILE
KE. 2-8636 M
=
--- - ,
man, Charles Brown, Benjamin 71111111111111111111111111111111111 t 111111111111111111111111111111 11111111111111111111111111111111111111111111111111111111111111111111111111111T:
R. Harris, Louis Segal, Isaac :91111111111111111111111111111111111111111111111111111111111111111111 11111111111111111111111111111111111111111111111111111111111111111111111111E
New Year Greetings
Hamlin, and Dr. Herman Seidel. E1 -2
The registered share capital was
$99,000 which was oversub-
scribed by June, 1943.
Ampal was organized to es-
Tr.
tablish closer commercial, and
financial ties between Palestine
and the United. States, and to
employ American capital for this
27334 Plymouth Rd.
p urpose.
KE. 3-2107
Few people then believed that
1510 Plymouth
VE. 7-2166 E..-
by 1952 Ampal would reach as
F
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many as 25,000 individual in-
vestors, and become the largest
corporation in America to suc-
MODERNIZE WITH A RELIABLE CONCERN
ceed in concentrating capital for
overseas investment in under-
Kitchen and bathroom remodeling, wall• and floor tile, all types of
takings which are neither big
carpenter work, roofing, siding, eavestroughs, plastering, piers, com-
bination windows and doors and all other types of alternations.
international oil nor metal con-
cerns, but which are nonethe-
LICENSED AND INSURED
less based on sound business
principles
and
which
repaid
Steel and Heavy Hauling
STEWART'S HOME IMPROVEMENT CO.
their debts—both principal and
11550
12th Street
interest — punctually through
TO. 9-4700
211 S. FERDINAND
VI. 3 1780
this well - functioning mother
Sundays and Evenings
UN.
3-7145
corporation.,

COLONIAL HOUSE

r ... , ..••••••••••••••••••• •••••••••••••••••••••4

CARLSON STUDIOS

CHINESE VILLAGE INN

;

1

F. BURGER CREAMERY CO.

SNO-WHITE DINING ROOM

ARROW DOOR CO.

STARK AND MILLER

I

STERLING COAL CO.

STOUT CLEANERS

-

New Year Best Wishes

STUART HOMES, Inc.

STERLING PAINT STORES

Builders

Paints -Varijishes

Sincerest New Year Wishes

BERENSON CARTAGE CO.

-

awe

MMMMMMM

CFMMOEMMIACOMWM

...............

MCCMECIMMMOMEMMEcOMMMoMMUCCBMW

Cordial Holiday Greetings

From the

SUN OIL COMPANY

deCNim . C ...... MCAINGO. ... ImCmcCOMCK1 ........... WC .. M .. CCMCC ..... MCMW40,1MMOINCMC

Cordial Holiday Wishes

'1)

ARRY STEEL FOR

302 United Artists Bldg.

WO. 1-0297 .

....... ■•■ •••• ■■■ ••• ■ •••=.

WO. 1-6284

Ampal functions through
several subsidiaries and af-
filiated corporations which are
partly' or entirely owned by it;
finances Israel economic en-
terprises both as creditor and
investor; and in the course of
its ten years of existence the
total financing reached $56
million.
Up to now the purchasing and

shipping of goods to Israel has
reached a total of over $50 mil-
lion, and goods produced in Is-
rael and sold to U.S.A., Mainly-
diamonds, approximately $3 mil-
lion. The total gross assets of
the corporation are now over
$25 million. Twice a year 25,-
000 investors of Ampal receive
constantly growing dividends.

When a distinguished Chris-
tian educator,' visiting Holly-
wood, sat down to lunch with
Danny Kaye and asked what
smoked salmon was, Danny an-
swered: "Herring with high
blood pressure!"

Season's Best Wishes

ROSS CONEYBEARE

FLOOR LAYING — FLOOR SANDING and FINISHING
SERVING DETROIT'S BETTER BUILDERS
OLD FLOORS MADE LIKE NEW

18703 FIVE POINT ROAD
Detroit 19, Michigan

KE. 3-7166

Sincere New Year Wishes

FRANK BAGDA E

