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THE SOUTHERN
ISRAELITE
ESflf. ..?*«■
Friday, April 23. KSi
IT IS ALWAYS A HAPPY
OCCASION TO JOIN
IN WISHING OUR
JEWISH FRIENDS A
JJappy
^Jdoliday
*
Troy Dennis Typographic Service
99Vi Walton Street, N. W. — ALpine 2782
IS. E. C. Accepts Registration
I Of New Israel Bond Issue
rate and other features of the De-
j velopment Bond.
★
NEW YORK (JTA)—The Se
curities and Exchange Commission
has made effective the registration
of the “Development Issue” of
State of Israel Bonds, involving
an offer of $350,000,000 of coupon
and capital appreciation bonds,
with $75,000,000 to be sold in 1954,
it was announced here this week
by Rudolf G. Sonneborn, president
of the American Financial and De
velopment Corporation for Israel,
which has been named by the
State of Israel as the sole under
writer for the Bonds in countries
throughout the world.
Two types of bonds are being
offered in the “Development Is
sue,” 1) interest-bearing bonds,
designated from time to time by
the State.
The privilege of exchanging In
dependence Issue Bonds for De
velopment Bonds may be extended
by the State from time to time to
all holders of registered Inde
pendence Issue Bonds, thereby
enabling holders of registered In
dependence Issue Bonds to take
advantage of the higher interest
5 SEASON'S GREETINGS 1
i TRICK NOVELTY |
SHOP
N. BOROWITZ
| 160 Peachtree Street $
CYpress 6313
I ^
* I I I I I I I i -t~>
PASSOVER
IS A SEASON OF FREEDOM-
MAY ALL THE PEOPLE ENJOY IT
Capitol Avenue Television
and Radio Service
352 Capitol Avenue, S. E. — LAmar 5973
* nominated 15-year 4% dollar cou-
* pon bonds, and 2) Capitfll-appre-
* ciation bonds, denominated 10-
* year dollar saving bonds.
* The principal of all bonds and
J interest in coupon bonds are pay-
* able in currency of the United
* , States at agencies of the State in
* New York, Chicago and San
* Francisco. Interest is payable on
* July 1 and January 1. Both types
J of bonds are non-transferable and
* non-assignable until July 1, 1959, "
* except in certain special instances, i
J After July 1, 1959 each bond is
* niiiy transferable.
* 'l’ne terms of tne Development
J issue of Israel Bonds also provide
* that a holder may borrow up to
75% of the value of the bond, sub- j
■ : , I ject to limitations set forth in the
prospectus. Such loans will be
£ r J u ,, by banks deslgnated for j
£ | such purpose and will be repay- [
£ able by the borrower in quarterly ;
£ installments over a period of.two I
$ | years. The arrangements, includ- j
J ing a guarantee by the State, are)
r. intended to apply during the peri- j
£ ! od of non-transferability,
i The Development Bond can be
We take this
opportunity to
extend our
sincere greetings
to Jewry upon
the occasion of this
*
PASSOVER
Thompson Bros. Plumbing and
x
Waterproofing Company
3 Old Stone Mountain Rd. — CRescent 4161 j
¥
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1
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I
Cordial Passover
Greetings to Jewry
£ We Extend to All Our
I Customers and Friends
| Rest Wishes for
P<
A I cashed in Israel currency at any
★
JULIUS CLEANING SERVICE
593 English Avenue, N. W.
CYpress 1062
time, at the rate of exchange ap
plicable to dollars, for the purpose
of bona fide tourist expenses, but !
not exceeding $25,000 per year; for
surrender value in Israel currency j
the -purpose of applying the cash |
to contribute to recognized chari- j
table organizations in Israel; for
investment in enterprises in Is
rael within the framework of the
State’s development budget or
other enterprises which may be
ctAAouer
TRI-CITY FEDERAL
Savings and Loan Association
3441 Stewart Avenue — Hapeville, Georgia
Insured Savings
Current Dividend Rate 3%
PHONE FAirfax 1574
M
A 1
I 1
IN THE SPIRIT OF <
PASSOVER, IT IS OUR
IPs Always
. * ,
a Pleasure to
Sehd Holiday
Greetings to
Our Jewish
Friends and
Customers
for the
PLEASURE TO EXTEND
A WARM GREETING
TO ATLANTA JEWRY
PASSOVER j I
OV>VVVV>VV>VV>V
IN ANCIENT DAYS AND
TODAY ... WE SEE IN
THE PASSOVER HOLIDAY
AN OCCASION FOR ONCE
AGAIN RENEWING OUR
APPRECIATION FOR OUR
PRECIOUS FREEDOM
I ! 1
SEASON
BERRY
H. & S. WOODCRAFT CO. ?
U. S. Highway 41 — BElmont 3962 — Smyrna, Georgia X
$
Restaurant, Bar and Store Fixtures £
|
Steel Shelving