The Israel Bond Organization office here reported today that the first 1962 Israel bond subscription from an employer-employee pension fund was made by the Northern California Retail Clerks Union and Food Employers Joint Pension Trust Fund. Fund trustees voted to buy $25,000 in Second Development Issue Israel Dollar Bonds.
The local Israel bond office said that a number of such purchases were pending and that, throughout the United States, more than $11,000,000 in Israel bond purchases have been made by trade union treasury, pension, welfare funds and retirement funds in the 11-year history of the Israel bond organization.
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.
