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Rothschild Land Sold for $150,000

For the first time since Baron Edmond de Rothschild has evinced an interest in Palestine development a parcel of land in his colony was sold today.

The area sold is 480 dunams of orange groves of the colonies of Petach Tikva and Rishon Le Zion.

The territory was sold to a silk manufacturer, Zachs, for the sum of $150,000.