Palestine Economic Corporation, known as PEC since its establishment in New York 36 years ago, has changed its name to PEC Israel Economic Corporation, it was announced by Joseph Meyerhoff, president.
PEC Israel Economic Corporation stock is held by almost 12,000 stockholders throughout the United States, Mr. Meyerhoff said. It was founded by a group of American Jewish leaders in 1926, and has been instrumental in fostering private enterprise in Israel. PEC’s assets exceed $19,000,000. Its latest dividend, paid for 1961, was $1.25 on its $25 par value common stock.
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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.
