A total of $101,647,300 was subscribed for Israel Bonds in the United States during the past eight months, it was reported here today at a meeting of the Board of Governors of the State of Israel Bond Issue, which was convened at Pierre Hotel to plan the 1952 bond drive program.
Approximately 287,000 individuals, including a substantial number of non-Jews, have bought Israel bonds, Henry Morgenthau Jr., chairman of the Board of Governors, announced. The cash received on the subscriptions as of December 31st was $54,100,000, he said. He expressed confidence that the full $500,000,000 Israel Bond Issue will be sold on or before May 1, 1954.
Henry Montor, vice-president of the State of Israel Bonds, outlined the program for 1952. The experience of the past eight months, he reported, had demonstrated that Christians as well as Jews were purchasing the Israel bonds.
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