London (Oct. 12)
(Jewish Telegraphic Agency)
The Jewish Colonial Trust, the main banking agency created by the Zionist Organization, shows a net profit of Â£16,258 for the year 1925, according to a report submitted at the general meeting of the board of directors held here.
The board voted to accept the report and to continue the policy of strengthening the bank’s reserves. It has also been decided that no dividends be paid this year. Messrs. Joseph Cowen and Naiditch were re-elected to the board of directors.