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Mizrachi Bank Pays Dividend of 5%

May 13, 1929
See Original Daily Bulletin From This Date

A five per cent dividend was declared by the Mizrachi Bank, Ltd., at a sharcholders’ general meeting.

Rabbi Meyer Berlin, international president of the Mizrachi, who returned here from his trip to the United States and other countries, stated yesterday that the Mizrachi organization is making progress in Poland, Czechoslovakia and Roumania, where the local groups are increasing their activities. Considerable work is also being done in France and in England. The Mizrachi leader expressed his confidence that the Orthodox Zionist movement will have from 25 to 30 per cent of the delegates to the forthcoming Zionist Congress in Zurich.

It was reported here that prior to their departure from Palestine. Felix M. Warburg, Dr. Cyrus Adler and Dr. Bernard Kahn conferred with leaders of the Mizrachi pertaining to the Jewish Agency, especially on the question of Jewish education. They expressed approval of the Mizrachi religious educational work in the country.

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