The flotation of Israel bonds on a worldwide basis will be initiated April 1, Henry Montor, vice-chairman and chief executive officer of the Israel Bond Drive Organization, announced today.
He revealed that arrangements have already been concluded for the sale of Israel bonds in Switzerland and Holland and that the Israel Finance Minister, Levi Eshkol, has been given authority to make arrangements for the sale of bonds in countries which have currency restrictions in effect.
Speaking of the bond sales campaign in the United States, Mr. Montor said that prospects for sales are now better than he would have predicted several months ago. He expressed the opinion that the present downturn in American business life will not adversely affect bonds, and reported that the bond organization had sold $140,000,000 worth of securities in a mass campaign. He said that recent events compel American Jewry to increase its vigilance in Israel’s behalf.
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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.
