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Palestine Labor Cooperative Reports Profit

January 4, 1923
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The annual balance sheet has been published here of the “Hamashbir”, the cooperative supply association of the Jewish Labor Federation, with branches all over the country. The income during the last year was £E110,000, the gross profit about £E8,800 and the net profit £E2,800.

The “Histadruth Haovdim” at its last executive meeting considered the question of publishing a daily Labor newspaper. The idea has met with much enthusiasm and the scheme will be put for final ratification to the prospective conference of Labor organizations in Palestine.

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