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$19m Pledged for Israel Bonds; Goal of $350m in Bonds in 70 Communities

February 3, 1972
See Original Daily Bulletin From This Date

Individual pledges for the purchase of Israel Bonds totalling $19 million were made here last night by 150 leaders of the Israel Bond Organization from North and South America at the close of a three-day conference on Israel’s economic needs convened by Premier Golda Meir.

The visitors also undertook to sell a total of $350 million in Israel Bonds in the 70 overseas communities they represent. The pledges were announced by Sam Rothberg, general chairman of the Israel Bond Organization at a dinner attended by Mrs. Meir marking the close of the conference. The Bond leaders left for New York this morning.

The communities they represented purchased $166 million in Israel Bonds in 1971, two-thirds of the $251.5 million realized last year. This year the global target for Israel Bond sales is $450 million. Lou Harris, president of the Bond Organization in Canada announced a quota for his country of $30 million compared to 1971 sales of $15 million. Jake Arvey, a Chicago political leader, set a $30 million quota for that city. Max Abrams, general chairman of the Bond Organization in New York said he would seek to raise $78 million.

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