The Jewish National Fund today announced acquisition of 2,250 dunams (495 acres) of land, under a mortgage, in Zone A–the area in which land transfers are banned by the Land Regulations of last March–through a special exception permitted by the Palestine Government. The tract is situated 4 kilometers from Gaza.
Total J.N.F. holdings are now 512,559 dunams, of which 39,789 were acquired in the past 10 months. Net income for the period was £471,005, of which £226,000 came from America. Eighty percent of the entire area of workers settlements is now under grain cultivation because the war has cut imports of grain from abroad.
The Palestine Foundation Fund directors announced that the fund’s 10-month income was £530,967, of which £341,472 came from the United States.
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