Menu JTA Search

Montor Reports in Israel on Success of Bond Drive in America

The Israel Bond Drive has become the most important channel for American Jewry’s investments in Israel, Henry Montor, executive vice-president of the American Financial and Development Corporation for Israel, told newsmen here today. He arrived in this country with Julian Venetsky, chairman of the corporation’s executive committee.

Mr. Montor, who expressed the hope that the bond drive would reach its goals of selling $5000, 000 worth of bonds in three years, said that nearly $80,000, 000 worth of bonds had been sold since the drive opened May I, with some $44,000, 000 dready available in cash and the remainder in pledges.