A total of $494,519, 950 has been raised through the sale of State of Israel bonds in the past ten years to promote the economic development of Israel, it was reported today to the national-Board of Governors of the Israel Bond Organization by Dr. Joseph J. Schwartz, vice-president.
Prime Minister David Ben-Gurion, who inaugurated the first Israel bond effort in the United States ten years ago, will come to Philadelphia to be the guest of honor tomorrow at the celebration of the tenth anniversary of the founding of the Israel Bond Organization.
Reporting on the results of the campaign to mobilize investment funds for Israel’s economic growth, Dr. Schwartz announced that, of the total Israel bond proceeds of $494,519,950, the sum of $424, 641,500 in Israel bonds was sold in the United States, $31, 812, 300 in Canada, $20, 609,500 in Latin America, an $17, 456, 650 in Western Europe.
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