JERUSALEM (Jan. 11)
The Israel Bond Organization reported that its 1972 campaign produced record sales of over $280 million in Israel Development Bonds and some $10 million in other forms of investment capital. Sam Roth-berg, general chairman of Bonds, noted that last year’s record sales were about equal to the combined total of Israel Bonds sales during the first six years of the organization’s activities.
Rothberg is in Jerusalem to prepare for the Prime Ministers Israel Bond Conference scheduled Jan. 28-30. It will be attended by 150 Israel Bond Readers from 75 communities in the western hemisphere. Rothberg said that “since its inception in 1951, total bond sales have amounted to more than $2.1 billion of which about $900 million has already been redeemed.” He noted the increasing participation of non-Jewish purchasers in the bond campaigns, including banks insurance companies, trade unions and pension funds.