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November 14, 1952 - Image 7

Resource type:
Text
Publication:
The Detroit Jewish News, 1952-11-14

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE JEWISH NEWS — 7 — Friday, November 14, 1988

Theis eovottlos, Opus% rostssesed, hove DOS hem 0.111t(0444 *r dieOpprOVM1 lay alto Socurision
spa libisbppeo Cumemoisailak which ohm not pass ea the merits of any rogistorod istauritios,

WILL YOU GIVE

M. 011.

8 U

DECEMBER

_

ONE DAY TO

THE STATE OF JSRAEL?

Y u can give one day to Israel by serving as an Israel Bond volun-

teer on

BIG Day, Sunday, December 14th.

By
visiting the homes of your friends and neighbors as an Israel Bond

salesman on

BIG Day, you can bring them the facts about Israel's

economic growth, and give them an opportunity to invest in the

future of Israel.

Throughout the United States, tens of thousands of men and women

will give added meaning to their celebration of the Chanukah festival

by serving as Israel Bond volunteers, join them on

BIG Day.

You can give no more important service to Israel's modern Maccabees

than to help provide the funds they need for the economic develop..

ment of their land.

Let the Israel Bond office know tally that you will give one day to

the State of Israel. Make

BIG Day- Sunday, December

14th.- a big day for you and for Israel.

Forefoot infssemailosk, pettioularly fitsonsial information, is tooteintial M Mao Noels.

!Paden kettons•nf Moil wkh fiss Commission and in a mat ► •mple.* Prospectus
whirls novel be fvessiolsosl !it sash pursbaswr and is obtainable from the stenfoclignoMI.

0/14/11

lei logals way ha platool of, and PtospRttesfts obtagatmt Mom

STATE OF

ISRAEL

BONDS

2200 Detedd Stott Bldg., Detroit 26, Mick.

Antwiaan Financial and Davalopment Corp.for Israel

N yo* wish to will as • Mantes,' for 11$ DAY IN eft sod mil this loom Ma

STATE at ISRAEL

$$88,6110,01111 NIIIIP$111181101

BOND ISSUE

'Pm issue is intended to promote , the eco-

atomic development of the State of !stmt.
Its proceeds are used for the purchase of
jnachinery, raw materials, equipment and
Other items designed to increase the country's
productive facilities. The allocations from
- the total issue and allocated expenditures
n the fiscal year 1911.52 are (M millions
T dollars)

j

industry and power
Agriculture

Transportation and

$205

130

communication
40
ade and services 45

$54.2

18.1

11.6

4.9
ousing loans 30. 9.8
serve & flotation costs S4 3.4

Fe

related interest loans) have been is follows, •
in millions of 11 .
Receipts fixers
May1S:48 • Mat.3t;49
28.9
27.$
Apr.1,*49.• Mar.$1,14
92.9
93.
quired an import surplus to meet the in.
Apr.1,10 . Mar.31,11
148.9
141.1
vestment needs of the economy. For 1949
Apr.1;51 -Dec.31,.$1
129.1
1}5.1/ .
receipts on current account (expressed in.
American Financial and Development
Israel pounds, IL, then fixed at $2.80 to the •
Cot po
ration for Israel, 120 Broadway, New
pound) were IL 20,600,000 and payments,
York, New York, is the underwriter for the
IL 94,100,000. For 1950 the respective fig.,
issue. Commissions or discounts are 6%. The
urea were IL 21,300,000 and 114,900,000;
Siete also bears certain other expenses in
and, for 1951, IL 24,600,000 and 136,.
connection with the flotation.
800,000. Economic steps designed to combat
Two typos of fonds ore *Nom/ of par
inflation and encourage productivity of
as follows:
labor included the establishment in February,
(o) Interest Soaring fronds bettoreloola as
1952 of additional rates of exchange of $1.40
and $1.00 to the pound to attract foreign
Fifteen Year 3 1 /s% Dolkar Coupon tondo.
investment and to promote export, restric-
Interest payable May 1 *A Nov. 1
tion of bank credit and other measures. •
Denominations: $100 • $1,000 • $2,000
As of December 31, 1951, funded debt
$5,000 • $10,000 • $100,000
was IL 195.9 (exclusive of Treasury Bills,
omitted because of their relation to the pri- .(b) Capitol Appreciation Seeds Osnotelloolos1
vate Special Defense Budget). Israel has . as Twelve Year Dollar Savings Bonds, •
never at any time defaulted on the principal
Maturity Value: 150% of issue amount
or interest on any debt. --
Denominations? $50 • $100 • $250 • $500
Government budgets (exclusive of the
Special Defense. Budget and receipts from
$1,000 • $2,500 • $5,000 • $10,000
;

trios, sad the balance - is to be obtained le
the United States. The $500,000,000 State tylf
Israel Bond Issue is the largest single source
of funds for this program.
The rapid, large scale immigration re-

••■•■■•■30

$84.0
The Government.% economic develop-
Merit program involves a total expenditure
of .K500,000,000, of whith $500,000,00u

000

11, to bo provided by Inset sod otbs4. coun.

AINCRICAN FINANOffit & DIVROPMENT CORPORATION FOR. ISRAEL

2200 David Soot 1141..., Detroit 26, Mich,.

Yoe, Iii he happy se join with other Inomlnes of our oommunity to bo

volunteer on 11141 DAY, Sunday, December 14th—to build Israel

with Sends, Moats solid me a prespoolvs and further Information.

NAME.

ADDRESS

CITY

is net a prospectus or on offer te sell or e solicitation of Ohm to buy these secvritits. the offering is mode only by the Prospectus,

W

irk• -11 s1•111-

*AP

• k • * •

4.

40 . .1 V' *".

• 4

«e.trIkat $

• 4, • *1

4 .a

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