The Israel Bond Organization produced a total of $475,434, 250 in cash proceeds in 1983 for Israel’s economic development through sales of its various securities, it was announced by David Hermelin, national campaign chairman.
Commenting on the 1983 figures, Yehudah Halevy, president of Israel Bonds, declared: “Our 1983 campaign was a good one. These outstanding results were achieved despite various problems from a sales point of view. They reflect the continuing unity of Jewish communities abroad with the people of Israel and their determination to mobilize maximum development funds for the strengthening of Israel’s economy.”
Halevy stated that “in addition to the response by Jewish communities, our 1983 achievement was due to the continuing participation by key elements of the corporate world, labor, the banking community and employee benefit plans who demonstrated their confidence in Israel and its future despite its current economic problems.”
Hermelin expressed “our deep appreciation to the Bond chairmen and to the many other Jewish community leaders whose devoted efforts made these encouraging results possible.” He added: “Special thanks are also extended to the synagogues and the rabbis who participated in the 1983 campaign and to the professional staff of the Bord Organization.”
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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.
