Joe Holtzman's Services Gratefully
Evaluated on ills 60th Birthday

6—DETROIT JEWISH NEWS

Friday, July 16, 1954

,raper Apologizes for. Anti-Jewish Ad

"

BUENOS AIRES, (JTA) — A out that "La Razon" has a well

Bnai Brith Israel Bond
delegation of the DAIA — the established policy of friendliness
From his mother, the late Lena I erected have been displayed is Drive Hits $640,000 Mark central representative body of
for Israel and promised that the

Holtzman, Joseph Holtzman ac- I. models in home construction.
quired a love for Jewish causes He is a former member of the
Detroit Street Railway Commis-
sion.
In respect to his mother'
memory, he retains an interest
in Yeshivath Beth Yehudah of
which she was a founder.
He was married May 13, 1925,
to the former Helen Horowitz.
Besides their sons, Irwin T. and
David, they have a daughter,
Mrs. Leo (Rosalie) Brodman.
They have three grandchildren.

NCRAC Sets Up Bureou
To Clear Employment Bias

JOSEPH I4OLTZMAN

and his philanthropic ideals.
And his good heart swelled to
greater proportions, inspiring
him to a dedication to service
in behalf of Israel when, in 1948
he visited the displaced persons
camps and the Jewish State, to-
gether with a delegation from
the United Jewish Appeal.
From that year on, he has
risen in stature and he is today
one of the best known national
leaders of the UJA. He is now
one of the five national chair-
men of the UJA and in his ca-
pacity as UJA chairman for re-
gions and national cash chair-
man he is rendering valuable
service to the outstanding world
Jewish philanthropic cause.
On the occasion of his 60th
birthday, his works in behalf
of world Jewry and of Detroit
Jewry's major causes were
gratefully evaluated by a
group of his friends at a din-
ner, on Wednesday evening, at
Carl's Chop House. Arranged
by his brothers-in-law, Jason
L. Honigman, Nathan Sil-
verman, and Benjamin Levin-
son, the party was attended by
a number of the community's -
most prominent leaders, and
national officers of the UJA
joined in honoring him with
impressive messages.
Joseph Holtzman was born in
St. Louis, Mo., July 15, 1894, and
came to Detroit in 1915. He Is
the typical self-made man whose
genius has brought him to a top
rung on the ladder of success. He
began as a Ford Motor Co. work-
er, earning $5 a day, and he sup-
plemented his income with real*
estate transactions, entering the
active real estate field in 1919.
His brother-in-law, Nathan Sil-
verman, joined him in the for-
mation of the firm of Holtzman
and Silverman in 1926. Now,
their sons, Irwin T. Holtzman
and Gilbert B. Silverman, are
junior partners in the firm, and
Holtzman's younger son, David,
also is associated with them.
Holtzman built the second
largest market in Detroit on Eu-
clid and Hamilton—the first be-
ing the Broadway Market—and
from these developed the chains
of super-markets. Holtzman Sz
& Silverman have since Then
constructed 11,000 homes in De-
troit.
Joe Holtzman does not limit
his activities to the UJA and to
Detroit's major cause, the Allied
Jewish Campaign, to which he
gives all his spare time and
which he has served as an as-
sociate chairman when Louis
Berry headed the campaign. He
is active in the Israel bond
drives, he is a member of the
boards of the Jewish Welfare
Federation, Sinai Hospital, Jew-
ish Home for the Aged, United
Hebrew Schools and Detroit
Service Group.
He has been active for many
years in the Community Fund,
the Community Chest and pres-
ently in the United Foundation.
He was a leader in the War
Chest. He is deeply interested in
the work of the Detroit Board of
Commerce and has participated
in the Board of Commerce an-
nual cruises. He is active in the
National Real Estate Associa-
tion and the buildings his firm

WASHINGTON, D.C. — The
two - month - old Bnai Brith
Israel bond program has reached
the $640,000 mark in the drive
to aid the economy of Israel
through the sale of the new
State of Israel Development
Bonds, it was .announced by
Morris Alexander, chairman of
the Bnai Brith Israel Commit-
tee.
The intensified program was
launched following a conference
in Chicago of more than 100 of
the Order's leaders in the U.S.
and Canada, who unanimously
pledged to fulfill the Bnai Brith
1954 goal of $7,500,000 in Israel
bond sales. The overall goal of
the Israel bond organization ;s
$75,000,000.
Topping . the initial list of
•cities where Bnai Brith lodges
and chapters are holding special
funtions to promote the. gale of
Israel bonds among their mem-
bers are: Chicago, $252,000; Los
Angeles, $150,000; Montreal, $70-
000 and Boston, $55,000.
The Bnai Brith Hillel Founda-
tion at the University of Wis-
consin (Madison) became the
first Hillel group to invest its
$5,000 building fund in Israel
development bOnds.

Argentine Jewry—received an
apology from the editor of the
influential newspaper "La Ra-
zon" which -published an ad-
vertisement by the "Syrian
Cultural Association" insulting
the Jewish population of this
country as well as the State of
Israel.
The editor told a DAIA dele-
gation which visited him that
the organization which inserted
the advertisement had abused
his own good faith. He pointed

A clearance procedure for ex-
changing inforrriation about
complaints of employment dis-
crimination against Jews by
national firms has been set up
by the National Community Re-
lations Advisory Council.
Louis Feinmark, of New Ha-
Yen, chairman of the NCRAC
Committee on Employment Dis-
crimination, explained that the
38 affiliated organizations of the
NCRAC will report all such com-
plaints of discrimination that
come to their knowledge. These
reports wi filed in the
NCRAC office.
Any cooperating agency re-
porting a complaint will be
To the inhabitants, if any, of
promptly notified if complaints the moon, our earth looks 80
against the same firm have been times as bright as the moon does
received from other places.
to us •

newspaper will not again permit
any group to use its pages as "a
ivehicle for shameful attacks
upon Jews."

I The DAIA was offered space
for its o w n advertisement,
which it ran in "La Razon," re-
plying sharply to the attacks
leveled by "the so-called Syrian
Cultural Association, whose
identity is unknown" and which
the DAIA called "a bud off the
Nazi tree.

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STATEMENT OF CONDITION JUNE 30, 1954

RESOURCES

Cash on Hand and Due from Other Banks
United States Government Securities .
Other Securities
Loans:
Loans and Discounts
Real- Estate Mortgages . .
Accrued Income and. Other Resources
Branch Buildings and Leasehold Improvements
Customers' Liability on Acceptances and
Letters of Credit

$ 385,090,959.46
819,002,498.55
119,784,013.92

347,721,483.66
82,705,575.21.

430,427,058.87
8,621,314.29
5,793,331.42

1,562,861.87
$1,770,282,038.38

LIABILITIES

Deposits:
Commercial, Bank and Savings
United States Government
Other Public Funds . . ..
Accrued Expenses and Other Liabilities
Dividend Payable August 2, 1954 .
•
Dividend Payable November 1, 1954 . . •
Acceptances and Letters of Credit . • • .
Capital Funds:
Common Stock ($10.00 par value)
.
,
Surplus
.
.
Undivided Profits .

$1,496,882,390.89
115,718,066.36
44,503,255.50

$ 22,500,000.00
57,500,000.00
13,974,048.21

$1,657,103,712.75
15,391,415.55
1,125,000,00
1,125,000.00
1,562,861.87

93,974,048.21
$1,770,282,038.38

United Stoles Government Securities carried at $184,096,106.13 in the foregoing state-
ment are pledged to secure public deposits, including deposits of $11,661,189.09 of the
Treasurer—State of Michigan, and for other purposes required by law.

BOARD OF DIRECTORS

HOWARD C. BALDWIN
HENRY T. BODMAN
ROBERT J. BOWMAN
PRENTISS M. BROWN
HARLOW H. CURTICE
CHARLES T. FISHER

CHARLES T. FISHER, JR.
JOHN B. FORD
B. E. HUTCHINSON
BEN R. MARSH
JOHN N. McLUCAS
W. DEAN ROBINSON
NATE S. SHAPERO

R. PERRY SHORTS
GEORGE A. STAPLES
DONALD F. VALLEY
JAMES B, WEBBER, JR.

R. R. WILLIAMS

BEN E. YOUNG

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