100%

Scanned image of the page. Keyboard directions: use + to zoom in, - to zoom out, arrow keys to pan inside the viewer.

Page Options

Share

Something wrong?

Something wrong with this page? Report problem.

Rights / Permissions

The University of Michigan Library provides access to these materials for educational and research purposes. These materials may be under copyright. If you decide to use any of these materials, you are responsible for making your own legal assessment and securing any necessary permission. If you have questions about the collection, please contact the Bentley Historical Library at bentley.ref@umich.edu

January 10, 1986 - Image 59

Resource type:
Text
Publication:
The Detroit Jewish News, 1986-01-10

Disclaimer: Computer generated plain text may have errors. Read more about this.

M ;7 - 177- 17.=7M9111EMT

THE DETROIT JEWISH NEWS

Friday, January 10, 1986 59

E3LIMPINJO + PAIN I

LOCAL NEWS

Detroit Records Topple
At Israel Bonds Event

PROMPT "& EXPERIENCED

insurance estimates accepted

SATISFACTION . ASSURED

expert color match, foreign & Anierican

• TOWING & RENTAL CARS AVAILAI; LE

La Salle_ Body. Shop Inc.
28829 Orchtrd Lake Road,
m gton Hills, MI 48018

_ MAX FLEISCHER

553-7111

BETWEEN 12 & 13 Mile Rd.

/MI

At the Israel Bond luncheon were, from left, Doreen Hermelin, D. Dan
Kahn; ipeaker Dan Propper, Douglas Schubot, Barbara StollMan and
Jerome Soble. •

Following the best year in De-
troit State of Israel Bonds history,
an Honor Societies Luncheon at
year's end saw $2,150,000 in ad-
vance 1986 subscriptions attained
from 60 guests.
D. Dan Kahn, outgoing Metro
Detroit general chairman, has
announced. a '1985 total of over
$13 million in cash proceeds for
Israel's economic development
through local sales of various Is-
rael Bond securities.
"This figure tops our 1984 pro-
duction by $2.5 million, and rep-
resents the highest sales achieved
in the history of our 34-year cam-
paign in Metro Detroit," said
Kahn.
The 1986 advance sales at the
Honor Societies Luncheon were
the highest ever pledged at a
year-end leadership event, he
said. Speaking at the luncheon
was Dan Propper, joint managing
director of the Osem Group, Is-
rael's principal manufacturer of
pasta, biscuits, crackers, snacks
and soups.
Osem is a major exporter to the
United Kingdom, Germany, the
United States, Canada and Fr-
ance. The company also owns
Helena Rubenstein Ltd. and
Tamogan, a firm which deals in
agricultural chemicals and
employs a total of 1,800 people. Its
annual sales are $90 million.
Propper told the luncheon
guests that Israel has broken its
inflationary cycle "but our fragile
social structure cannot tolerate 10
percent unemployment." He said
training youngsters for export in-
dustries was a major task and a
long-term solution to Israel's
economic problems.
Osem, he said, is constructing a
soup manufacturing plant in the
Negev Desert, rather than in Tel
Aviv where more workers are av-
ailable, "because we believe in the
future of the country."
He lauded efforts of the Ameri-
can Jewish community "to par-
ticipate; not just contribute." He
cited Detroiters' efforts in Opera-
tion Independence to aid Israel's
economy: Max Fisher is overall
chairman ot Operation Indepen-
dence, David Hermelin is chair-
ing its tourism committee and
Paul Borman chairs the food.
committee.
"Operation Independence,"
Propper said, "gives us knowledge
of market places around the
world:"
The luncheon was also the occa-

.

.

sion for award presentations to
Kahn and Doreen Hermelin, out-
going Women's Division chair-
man. Kahn was the recipient of
the "Am Israel Chai" Medal, pre-
sented by Douglas A. ,Schubot, in-
coming general chairman, and
Mrs. Hermelin was presented
with the 1985 WOmen's Division
"Woman of the Year" Award by
incoming Women's Division
Chairman Barbara Stollman.
Commenting on the increased
Bond sales, Kahn declared: "For-
tunately, our campaign is rep-
resentative of the national effort
for Bonds and demonstrates a
growing unity with Israel and
growing confidence, toward Is-
rael's brighter economic future. It
also reflects a further, growing
participation in the Bond cam-
paign by many Americans, both
Jewish and Christian, in the
labor, banking and corporate sec-
tors, as well as increased purch-
ases of Israel securities for
employees benefit plans."
Since 1951, State of Israel
Bonds has mobilized more than
$7.3 billion, channeled directly
into the state's development
budget to help build every aspect
of Israel's economy, including the
construction of highways, ports,
power stations, the National
Water Carrier and, more recently,
high-tech industries. All interest
and principal payments through
the years have been made fully
and on time.

HORIZON HERITAGE BLDG.
24901 Northwestern Hwy.
Southfield, MI

ALL SALES FINAL

.

353-9526

A FABULOUS
JANUARY
CLEARANCE SALE

,

Arabs Jailed
In Brussels

Brussels (JTA) — Belgian
police arrested two Arabs last
week at the home of an arms
smuggler on whose premises they
found an arsenal and a list of ad-
dresses and phone numbers
sources said might lead to clues
about the two men's presence on
Belgian soil.
The Arabs, whirse identity and
nationality have not been dis-
closed, arrived last Saturday at
Brussels airport . carrying false
passports. They were arrested to-
gether with their Belgian host,
the owner of a video club in the
city of Hasselt whose identity has
not yet been disclosed. The arse-
nal in his home included a
machine gun, several grenades
and a great quantity of explosives.



AT

UP TO

60% OFF



ON THE ENTIRE INVENTORY

SALE ENDS 1-31-86

M LTER

INC.

DESIGNERS,OF
FINE FURS

OF HARVARD ROW

11 MILE AT LAHSER
21742 W. 11 MILE RD.
SOUTHFIELD

PH: 358-0850

I

Back to Top

© 2021 Regents of the University of Michigan