A new issue of 400,000 shares, with par value of $2,200,000, was launched here today by the American Palestine Trading Corporation at its annual meeting held under the chairmanship of Edmond I. Kaufmann, Approximately $75,000 worth were sold at the meeting.
Reporting on the progress of the corporation, Abraham Dickenstein, manager, said that the corporation has loaned $500,000 for the development of Palestine projects has facilitated shipments to Palestine valued at $1,000,000 for Palestinian purchasers and has imported from Palestine to this country goods worth $600,000. The meeting was addressed by Robert R. Eathau, Aryah Shanker, president of the Manufacturers’ Association of Palestine, and others.
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.