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Palestine Economic Corporation Launches Campaign to Sell 600,000 Shares in U.S.

The Palestine Economic Corporation announced today that it has launched a stock-selling campaign offering 600,000 shares of $25 par value common stock at $28 each. “The new funds are being sought to expand the P.E.C.’s established enterprises in Israel and to organize new businesses to help meet the needs of Israel’s rapidly-growing population for Jobs, housing and goods,” Julius Simon, president, said,