IDB Bankholding Issue Is Oversubscribed

NEW YORK — IDB Bank- Discount Bank Ltd., announc-
holding Corp. Ltd., whose ed the successful completion
principal subsidiary is Israel of its recent "fering in Is-
rael of 1,00b,„,,v ordinary
shares at an issue price of
THE FA • US
IL 44 ($10.48).
HARRY THOMA
Since the new shares will
CLOTHING SALE be entitled to the benefits of
the 25 per cent stock split
NOW IN PROGRESS in
the form of a stock divi-
SAVINGS FROM
dend declared for stock of
record Aug. 30, 1974, the
effective issue price was IL
SUITS reg. $135-$275
ow 589 50-$1 1 9. S 1 3950 35.20 ($8.38). The new
shares will be entitled to half
SPORT COATS
of any other dividend declar-
Reg. $95-$135
ed, for 1974.
NOW $59.50469.50
The new ordinary share
HAND TAILORED SLACKS
Reg 525 335
issue was oversubscribed.
From $16.95
The company reported that
shares were pur-
ARRY THOMAS 280,000
chased by Israeli institutional
Fine Clothes for Over 38 Years
investors by way of prelimi-
24750 Telegraph at 10 Mile
Daily to 6 P.M. Thurs. to 8 P.M.
nary subscriptions and .3,720
OPEN SUNDAY
applications for 920,000
shares were received from
11 to 4
the public in Israel.

20% to SO%

act

BARRY M.

GRANT

First Egyptian Journalist Since
Six-Day War Is Visiting Israel

TEL AVIV (JTA) — Sana
Hassan, an Egyptian writer
and journalist, is the first
Egyptian journalist to visit
Israel since the Six-Day
War.
Mrs. Hassan, a PhD can-
didate in government at Har-
vard, the daughter of a
former Egyptian Ambassa-
dor to the United States and
a wife of a senior Egyptian
official, has written frequent-
ly on the Arab-Israeli con-
flict.
During the American Jew-
ish Committee's annual
meeting in New York last
May, Mrs. Hassan debated
the Arab-Israeli issue with
Arie Eliav, a leading Labor
Party dove. Mrs. Suzy Eban,
wife of former Foreign Min-
ister Abba Eban, attended
the meeting and was instru-
mental in getting Mrs. Has-
san her visa from the Israeli
consulate in Boston.
"I want to look and see
and listen with open eyes
and open ears to try to un-
derstand," Mrs. Hassan said,
explaining she plans to stay
for three months meeting Is-
raelis in order to write on
"Israel in the Eyes of an
Egyptian."
She noted that "since not
every Egyptian can meet Is-
raelis, it is important for
journalists to lay the founda-
tions for a true peace since
they can relay a true picture
to the other side of what
goes on in the other coun-
try."
Mrs. Hassan said that the
first place she went to see
was Dizengoff St. of which
she has heard so much and
it immediately reminded her
of Alexandria with its mod-
ern houses, cafes and res-
taurants, verandas, heat, and
smell of the sea.

A book written by Mrs.
Hassan and the Israeli jour-
nalist Amos Elon is sched-
uled to be published next
month.
She arrived here accom-
panied by the French-Jewish
artist, Marc Halter, and his
wife, Clara, editor of the
Movement for Peace in the
Middle East.
Jaabari Says Peace
Now Possible if
Both Sides Use Logic
TEL AVIV (JTA) —A West
Bank leader, Hebron Mayor
Sheikh All Jaabari, express-
ed the view that chances of
peace are now better than
ever and noted that if Is-
raelis and Palestinians per-
mitted logic instead of emo-
tions to guide their policies,
peace would be achieved
more rapidly and with a
minimum of violence.
The West Bank notable
made his comment during a
visit to Haifa Mayor Joseph
Almogi who is recovering at
home after injuring a shoul-
der following a fall.
Sheikh Jaabari said that in
the forthcoming Geneva
peace talks Palestinians
should be represented by
West Bank and Gaza Strip
leaders as well as by the
Palestine Liberation Organ-
ization.
He added that Israel has
been holding the occupied
terroritories for seven years
and should have had enough
time to come up with some
positive approach to the
Palestinian question much
earlier.

14—Friday, July 26, 1974

THE DETROIT JEWISH NEWS

Economy Expert Jerry
S
A

Y
S

A. "I will deliver an economical AMC m..,miobile."
B. "With the best warranty in the industry
(Buyer Protection Plan)."
C. "At a price you will like!"

Village AMC-Jeep Inc.

666 S. Woodward, Birmingham, Mich.
Ask for Jerry — 646 - 3900
Gremlin — Hornet — Javelin — Ambassador
and the all new Matador for '74
Complete Jeep Line Available

TRANS GLOBAL TRAVEL

25900 Greenfield, Oak Park, Mich — 968-1050
Depart: October 15, 1974 Return: October 31, 1974

15 NIGHTS - * - 17 DAYS

ISRAEL

$94900

AMSTERDAM

FROM DETROIT PLUS $31 TAX
& SERVICES—DBL. OCC.
COMPLETE TOUR PER INCLUSIONS
Includes new proposed air increases

TOUR INCLUDES:

1.R.T. From DETROIT
2.Five nights in Jerusalem at
Shalom Hotel

3.One night at Hagoshrim Kthbutz
4.Two rights in Caesarea at

Dan Caesarea

S. Two nights in Tel Aviv at

Plaza Hotel
6.Four nights in Amsterdam

at Victoria Hotel

7. Breakfasts Daily

8. All Transfers in Israel

& Amsterdam

9. Porterage in Israel &

Amsterdam

10. Tips to Waiters at Breakfasts
13. Extensive Sight-Seeing—Inducing

Massada

12. Half-Day Sightseeing in Amsterdam

13. U.S. Embarkation Tax
14. Israel Airport Tax

15. Taxes & Services at Hotels.

PERSONALLY ESCORTED BY HARVEY GLASSMAN
Space Limited on This Departure

SPECIAL 20-DAY ORIENT TOUR NOV. 16 — CALL FOR INFORMATION

Soviet 'Dylan'
Leaves Russia

Special
Clearance

PROBATE: JUDGE

Oakland County

• Probate Court Referee

• FormerAssistant Prosecutor

• Member Board of Directors

Men's Club Cong. Shaarey Zedek

OVER 3000 PAIRS OF FINE QUALITY
WOMEN'S SANDALS BY CARESSA

• Member Bnai Brith

• Former Treasurer Southfield

School Board

• Chairman Oakland County

Condemnation Commission

VOTE—AUGUST 6th
FOR

GRANT

Pd. Pol. Adv.

Aleksander A. Galic h,
dubbed the Bob Dylan of the
Soviet Union for his protest
song-poems, has settled iq
Hoevik, Norway, where he
will lecture at the Norwegian
School of Theater and par-
ticipate in the national "Rik-
steater," which performs
throughout the country. Ga-
lich was expelled from. the
Soviet Writers' Union in 1971
and from the Union of Sov-
iet Cinematographers in 1972
"because his songs supposed-
ly incited Jews to emigrate."
In his songs he satirizes Sov-
iet institutions and leaders,
both past and present. After
having watched his co-relig-
ionists leave the Soviet Un-
ion, he penned a song in
their honor, "Song of the
Exodus."

Phillips is offering you fantastic values on genuine hard-to-find, fashionable
kidskin leather sandals...in a huge selection of styles. sizes and colors. Heels,
flats. wedges. reds. greens. tans. whites and many more...yours for the having-.

, VALUES TO
25.00

-

All now
at specially reduced
prices

DETROIT: NORTHLAND, EASTLAND, WESTLAND, SOUTHLAND, 1254 WASHINGTON BLVD. (WOMEN'S)

,)P