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Americans Increase Shares in Palestine Potash, Ltd. by £35,000

January 19, 1933
See Original Daily Bulletin From This Date

It was learned today that the Brodie-Szold interests in Palestine Potash, Ltd., the company which owns and operates the Dead Sea mineral salts concession in Palestine, cabled Palestine and England last week authorizing the increase of their investment in the Dead Sea company by £35,000. The increase represents new subscriptions secured by the Brodie-Szold group from several New York Jews not hitherto affiliated with Palestine development work.

The work of the American Economic Committee for Palestine was in very large measure responsible for the new subscriptions, it was explained. Almost all the Brodie-Szold group investments in the Dead Sea company have been placed in an American holding company known as Palestine Associates, Inc., of which Israel B. Brodie is president and Robert Szold is treasurer.

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