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Israel Takes Inventory of All Stocks to Prevent Illegal Prices

February 21, 1952
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The Ministry of Trade and Industry today put 1,000 inspectors into the field to take inventory of stocks now in stores throughout the country in order to prevent illegal price rises.

The Ministry of Finance announced that starting today the Treasury will issue bank notes in denominations of one and two shillings to alleviate a shortage of coins which the Ministry blames on “boarding.” The bank notes were prepared in 1948 for a coin shortage which never developed, and there are sufficient stocks of notes to cover all normal needs.

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