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Government is Asked to Permit Argentine-palestine Corporation to Issue More Shares

April 12, 1949
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The Argentine Government was asked today by the Argentine Palestine Economic Corporation (ARPALSA) to authorize the issuance of additional shares valued at 2,000,000 pesos. Such an issue would increase the corporation’s capital from its present 1,000,000 to 3,000,000 pesos. ARPALSA hopes to pay four percent dividend.

The Danish freighter, “Indian Reefer,” sailed from here carrying an 1,100-ton cargo of frozen kosher meat for Israel. The meat was purchased in this country at a price of $55O per ton.

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