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U.S. Securities and Exchange Commission Approves Flotation of Israel’s Bond Issue

March 30, 1951
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The United States Securities and Exchange Commission today formally approved the flotation in this country of Israel’s $500,000,000 bond issue.

At a meeting of several hundred New York Jewish leaders last night at the Waldorf Astoria Hotel a greater New York committee to promote the Israeli bond drive was formed. Benjamin Abrams, prominent business leader and philanthropist, was elected chairman of the committee.

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