Despite the partial disruption of Palestine economic life because of British military messures, subsidiary enterprises of the Palestine Economic Corporation are making steady gains, and the corporation is mapping plans for development of low-cost housing projects, investments in basic manufacturing industies and extension of credits for agricultural improvements, it was announced here today, by Robert Szold, chairman of the board of directors.
The occasion of the annoncement was the issuence to the 2,000 stockholders of the corporation, which is wholy American owned, of a quarterly report. The stockholders were informed that a quarterly dividend of $1 per share will be paid. Mr. Szold said that earnings would have been greater “under more normal circumstances.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
