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3
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Friday, December 6, 1985
THE DETROIT JEWISH NEWS
NEWS
MONEY MARKET RATES
FINANCIAL INSTITUTIONS
INTEREST RATE
UPDATE AS OF
12-4-85
7.10
Franklin Savings
Bloomfield Savings
Comerica
Detroit & Northern
Empire of America
First Federal of Michigan
First of America
Manufacturers
Michigan National of Detroit
National Bank of Detroit
Standard Federal
.
6.40
6.40
6.65
7.00
6.40
6.40
6.40
6.40
6.40
6.40
Romanian Senses Easing
Of Soviet Jewry Plight
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FSLIC
Your Savings Insured to $100,000
Based on S2.500 deposit. Some minimum deposit requirements may be lower.
Higher rates may be available for larger deposits.
WE PAY
EVEN
MORE!
MONEY FUND ACCOUNT
730
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% Rate
—
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*Effective annual yield
based on deposits for I
year at current rate.
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New York (JTA) — Chief
Rabbi Moses Rosen of Romania
suggested last week that the re-
cently concluded summit in
Geneva between President Re-
agan and Soviet leader Mikhail
Gorbachev may lead to an even-
tual easing of the plight of
Soviet Jews. However, in asses-
sing the summit's results, he
cautioned, "I'm only a rabbi, not
a prophet."
Speaking to reporters at a
news conference at the head-
quarters of the American Jewish
Committee, Rosen indicated that
the summit may be the begin-
ning of an overall improvement
in the atmosphere surrounding
relations between the two
superpowers. This he said, could
result in a better situation for
Jews in the Soviet Union.
At the summit conference, the
issue of Soviet Jewry was raised
by President Reagan and other
Administration officials. But in
a joint statement at the sum-
mit's conclusion, there was only
brief mention of human rights
and by implication, Jewish
emigration. The statement said
the two leaders "agreed on the
importance of resolving
humanitarian cases in the spirit
of cooperation."
The 73-year-old Rosen, who
presides over a small, though
vibrant Jewish community of
25,000, is in the U.S. on one of
his regular visits where he
meets with various Jewish
groups interested in Romanian
Jewry. The American Jewish
Joint Distribution Committee
provides substantial funding to
numerous programs for Roma-
nian Jewry.
In a related development, Ilya
Essas, a refusenik for the past
dozen years, has been given
permission to emigrate from
Moscow, according to the Union
of Councils for Soviet Jews.
Essas, a mathematician and
physicist, first applied to leave
the Soviet Union in 1973 but
the request was denied by offi-
cials who cited the "secrecy of
his work." The KGB has
searched Essas' home on several
occasions, confiscating books on
Jewish language and culture.
Meanwhile, the National Con-
ference on Soviet Jewry reported
that 128 Jews were allowed to
leave the Soviet Union in No-
vember. This brings the total
number of Soviet Jews allowed
to emigrate in the first 11
months of 1985 to 1,047. Last
year, 896 Jews were allowed to
leave the Soviet Union.
Change Of Heart
Tel Aviv (ZINS)
Prof.
Yeoshafat Harcaby told Davar
recently that serious elements
in the Arab world, for the first
ime in history, now believe a
satisfactory arrangement with
Israel is necessary.
The professor said moderate
Arabs on the West Bank and in
the PLO believe that the Arabs
can eventually defeat Israel but
that the price will be too high.
Harcaby says King Hussein
fears that Israeli annexation of
the West Bank would lead to a
mass exodus of Palestinians to
Jordan, posing a threat to his
regime.