(Jewish Telegraphic Agency)
Marked progress of the Palestine Electric Company was shown in the report submitted at the annual meeting of the Jaffa Electric Company, which is a part of the Ruttenberg concession.
The meeting decided to pay an eight per cent dividend on the preferred stock and six per cent on the common stock. An increase of thirty-three per cent in the consumption of electric power over 1925 was recorded in the report for 1926.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
