For the first time since Baron Edmond de Rothschild has evinced an interest in Palestine development a parcel of land in his colony was sold today.
The area sold is 480 dunams of orange groves of the colonies of Petach Tikva and Rishon Le Zion.
The territory was sold to a silk manufacturer, Zachs, for the sum of $150,000.
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.
