THE AFFORDABLE ENTERTAINER
THAT ONLY LOOKS EXPENSIVE

The HIGHEST
Money Market Rate
in the
Detroit Metropolitan Area
Among Major Financial Institutions
— for

Ben Marks
Named Mayor Of
Farmington Hills

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145

Consecutive Weeks

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Ben Marks

5

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15039 WEST 8 MILE RD. • DETROIT • (313) 342-0500
STORE HOURS: MON., TUES., WED. 10-6 • THUR., FRI. 10-8 • SAT. 10-6

The second Jewish mayor in.
Farmington Hills history was
sworn into office yesterday.
Ben Marks, who has lived in
Farmington Hills for 20 years
and has been a member of the
city council for the last two,
was elected mayor by his fellow
council members.
Farmington Hills was incor-
porated in 1973, and Fred
Lichtman served a one-year
term as mayor in 1974-75.
Marks is the only current
member of the Farmington
Hills council who is Jewish. In
1984, while running for elec-
tion to the council, Marks said
he would like to see more of the
city's Jewish residents in-
volved in civic affairs.
Marks has invited Rabbi
Efry Spectre of Adat Shalom
Synagogue to give the invoca-
tion at the city council meeting
on Jan. 12.
A builder and developer, the
63-year-old Marks was a foun-
der of the city's homeowners
council, was elected to the ci-
ty's charter commission, and
has served on the building and
housing authorities, builders'
board of appeals, and senior
housing and planning commis-
sions.

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"We sell more Sony products. under one roof, than any place in America:"

F .

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•

INSTANT LIQUIDITY

INTEREST RATES AS OF: 12-30-86

FINANCIAL INSTITUTIONS

MONEY MARKET RATES'

5.90

Franklin Savings_

5.10
5.73

Comerica

Empire of America

First Federal of Michigan

5.10

First of America

5.20

Manufacturers

5.15

5.05

Michigan National of Detroit

5.10 -

-

National Bank of Detroit

5.10

Standard Federal

'Based on S10,000 deposit. Some
e may
minimum deposit requirements
be lower. Higher rates may be
.
available for larger deposits

YIELD

$1,000 $50,000 $100,000

MONEY FUND

VOA Agreement
Criticized

Tel Aviv, (JTA) — The
United States government was
accused of reneging on an
agreement to give Israeli com-
panies half of the contracts for
construction of Voice of
America (VOA) radio trans-
mitters in the Nesev.
Ilan Oren, chairman of the
Arava regional council,
charged that the Communica-
tions Ministry yielded to an
American decision to give local
contractors only 20 percent of
the work instead of the 50 per-
cent guaranteed when the U.S.
and Israel signed an agree-
ment in principle for the proj-
ect last July.
• Israel Radio reported that
Premier Yitzhak Shamir will
appoint a ministerial commit-
tee to decide whether to accept
the American Firms.

.:,...„:

MONEY FUND

MONEY FUND

5.55% 5.69% 6.00% 6.17 00 6:05% 6.22%

Annual
Percentage
Rate

Effective
Annual
Yield

Annual •
Percentage
Rate

Effective
Annual
Yield

Effective
Annual
Yield

Annual
Percentage
Rate

12 MONTH HIGH INCOME C.D.

00.tifi,

*Of*

IMOMMEAMMTI

6 . 5

o /0

Annual Percentage Rate

■ INCOME

°o

Effective Annual Yield

■ COMPOUNDED

'Monthly check may be issued Yield based on interest paid
monthly to the certificate
or reinvested to another
Franklin Savings Account

lum,e

of $5,000 or nu m:. Limited time offer. Early withdrawal subject

I l ,

penalty.

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Equal
Housing
Lender

