8—THE JEWISH NEWS

Friday, November 21, 1952

These securities, though registered, Wave not been approved or dIsapprewed 13y Ole Securities

end .Exchange Commission, which does not pass on the merits of ony registered securities.,

SUNDAY, DEC. 14

e it your
p AY

Israel Bond BIG Day... Sunday, December 14th ... will be your BIC

Day if you serve as a member of the corps of friends of Israel who have volun-

teered their time on that day. You can be BIG on BIG Day by serving as an

Israel Bond salesman and visiting the homes of your friends and neighbors to

give them the opportunity to invest in the future of Israel.

Israel Bonds are essential to the growth of Israel, and the fulfillment of her plans

for economic development. The success of BIG Day will be a significant step

in that direction. You can play a vital part in Israel's future by giving one day to

the sale of Israel Bonds.

Don't miss this opportunity for effective service. Let the Israel Bond .office know
now that you want to enroll as a BIG Day volunteer. Make it your BIG Day.

•witto. Information, .portkelerly *mended Infermatl•n, is m•ntelned In the
Beet-

Pre•lon Statement NMI.. with the Commission and In •

► ot• complete Prospectus
which moil be hentletted te each purchases and is obtahtehte from the undersigned.

Orders for 1004111 may int platdut at, and Prospnetuses.obtainal from

American Financial
ncial and Development Corp, for Israel

STATE OF

ISRAEL BONDS

2200 David Stott Bldg., Detroit 26, Mich.

If

STATE OF ISRAEL
snows. INDUSIIDENCE
BOND ISSUE

e issue is intended to promote• the eco•
mic development of the State of Israel.
is proceeds arc used for the purchase of
(machinery, 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 1951.52 ore 4in millions
dollars)
dustry and power
$201
$54 .2
griculture
150
lti.1
ansportation and
communication
40 WS
rade and servictS
45
4,9
°using loans
, eserve & flotation Costs
Co )
in.—
rte,
1)00
$84.0
The Government's economic develtip•
fnent program involves a total expenditure
Of $1,500,000,000, of which $500,000,000
Is to be provided by toga and other toun•

I

tt

tries, and the balance' is to bi obtained in
related internal loins) haVe been is follows,
the United States. The $500,000,000 State of
lat millions of IL;
Expend-
Israel Bond Issue is the largest single source
Receipt: !Tares
of funds for this program.
iitay13,'48 Mar.31,'49
28.9
27.5
The rapid, large scale immigration re-
Apr.1,'49 Mar.31,'50
92.9
93.8
quired an imiort surplus to meet the in-
Apt. 1;50 • Mar.31;51
148.0
148.1
vestment nee s of the economy. For 1949
Apr.1,*)1 • Dec.31,',1
129.1
)35.5
receipts on current account (expressed in
American Financial and Development
Israel pounds, IL, then fixed at $2.80 to the •
Corporation for Israel, 320 Broadway, New
pound) were IL 20,600,000 and payments,
New York, is the underwriter for the
U- 94,100,000. For 1930 the respective fig•. York,
issue. Commissions or discounts are 6%. The
lees were IL 21,300,000 and 114,900,000,
State 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 types of Bonds ors ollikod at par
inflation and encourage productivity of
as follows:
labor included the establishment in February,
Iniarast Bowing Bonds Dononanoted as
1952 of additional rates of exchange of $1.40
Ind $1.00 to the pound to attract foreign
fifteen fear 3'4196 Dollar Coupon Bonds.
investment and to promote eiport, restric-
Interest payable May 1 end Nov. 1
tion of bank credit and other measures. •
Denominations: $/00 • $1,000 • $2,300
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) Capital Appreciation Bonds PanOm •nOtad
vate Special Defense Budget). Israel has , os Novo Year Dollar Savings ponds, '
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 Wm $1,000 • $2,500 • $5,000 • $10,000,

you wish to enroll as a volunteer for BIG DAY fill out and mail this moon today,

•

AMERICAN FINANCIAL & DEVELOPMENT CORPORATION FOR ISRAEL

2200 David Stott Bldg., Detroit 26, Mich.

Yes,

be happy to loin with other members of our community to be

o volunteer on BIG DAY,

Sunday, December

14th—to build Israel

with Bonds. Please send me a prospectus ;Ind further information,

NAM

ADDRESS--

Shle is not a prospectus or an offer to sell or a colic ;Potion of offers to buy these socvdtios. the ofltilna l motto only by the Prospedust

