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$11,000,000 in Israel Bonds Sold in New York in 1959, Chairman Reports

A capacity audience of 20,000 persons gathered to salute modern Israel tonight at the ninth annual Chanukah Festival for Israel which brought to a climax the 1959 Greater New York campaign of the State of Israel Bonds in Madison Square Garden.

As a result of the city-wide drive and the Chanukah festival, New Yorkers will have purchased more than $11,000,000 by the end of the year, it was announced by Ira Guilden, general chairman of the Israel bond campaign in New York. This will bring to more than $100,000,000 the total amount of Israel bonds sold in New York since the inception of the drive in 1951.

Israel Ambassador Harman, addressing the audience, emphasized that Israel bond investment capital was playing a major role in the economic development of the Jewish State. He praised the American people for their support of Israel during the critical years of its existence. Dr. Israel Goldstein, chairman of the Chanukah Festival Committee, spoke in a similar vein.

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