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/AUTO'
• multi-car
• AARP member
• over 55 years old
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Jewish Telegraphic Agency
FOR MORE INFO
OR A FREE QUOTE
LARRY GORMEZANO
was named Associate of the
Year by the Michigan Depart-
ment of Commerce —
manufacturing development
group for his work with
manufacturers and local
economic development
organizations in Southeast
Michigan. He is an account
executive based in the
Michigan Office of Commerce
in Detroit.
NATIONAL BANK OF
DETROIT announced the
promotion of Marty L. Bern-
stein of Troy to trust officer
and new business develop-
ment representative. Berns-
tein is assigned to NBD's
Southfield Trust Office.
Bernstein was a financial
consultant for more than
seven years with Merril,
Lynch, Pierce, Fenner and
Smith and Kidder Peabody
and Co., before joining NBD.
He holds a B.A. degree in
finance from Wayne State
University.
WOMEN IN MANAGE-
MENT INSTITUTE will
hold a seminar entitled
"Focusing on Success" on
June 11 at the Ramada Hotel
in Southfield.
Registration will begin at
8:30 a.m. and the seminar
will run from 9 a.m. to noon.
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217
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Consecutive Weeks
FRANKLIN HIGH YIELD
TAX-FREE INCOME FUND
INSTANT LIQUIDITY
INTEREST RATES AS OF: 5-18-88
Designed to produce
high current tax-free income.
FINANCIAL INSTITUTIONS
•
•
•
•
Income free from Federal taxes*
Monthly dividends
Professional management
Wide diversification
6.20
Comerica
5.55
First Federal Savings Bank & Trust
5.30
First Federal of Michigan
5.40
First of America
5.50
Manufacturers
5.60
Michigan National of Detroit
5.40
National Bank of Detroit
5.65
Standard Federal
5.40
*Based on $10,000 deposit. Some minimum deposit requirements may be lower.
Higher rates may be available for larger deposits.
Call us today for a free prospectus!
A portion may be sub-
ject to state and local
taxes. For those few
investors subject to the
alternative minimum
tax, a portion of the
income may be subject
to Federal taxes.
MONEY MARKET RATES'
Franklin Savings
Franklin High Yield Tax-Free Income Fund takes
an aggressive investment stance in an effort to
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With this Franklin Fund, you benefit from:
Man Detained
Tel Aviv (JTA) — A man de-
tained in connection with a
car bomb attack May 11 on
the Israel Embassy in
Nicosia, Cyprus, was iden-
tified by the Cypriot
authorities as Omar Ahmad
Hawillo, 28, a student from
Lebanon who has been atten-
ding college in Nicosia.
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you save 65 0/o
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Michael Mostyn
41
IN BRIEF l'"""'
A PIONEERING INNOVA-
TION BY THE BANK HA-
POALIM GROUP, Tel Aviv,
enables non-Israelis to
invest in the Israeli stock
market this month. Lahak,
the mutual-fund manage-
ment company of American-
Israel Bank, a subsidiary of
Bank Hapoalim, has received
special permission from the
Supervisor of Foreign Curren-
cy at the Bank of Israel to
create a unique mutual fund
expressly for foreign
residents.
15%
20%
10%
• safety
• non-smoker
• Over 50 (AARP)
you
(last 3 years)
highly involved in Jewish
ritual and communal life,"
Monson said.
save
INSUPANCE??.?
1 HOME L
1,701
5'
Is000"*
__
ALAN G. YELENSKY
--,,
Franklin
Savings
Registered Representative
353-5600
Yes! I would like a free prospectus containing more
complete information on the Franklin High Yield
Tax-•Free Income Fund, including charges and expenses.
I will read it carefully before I invest or send money.
„
Name
Address
..- -
FSLIC
City/State/Zip
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Franklin
Distributors, Inc.
Phone
tiff
FT's Ft A
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Member 32.3 Billion Franklin Group of Funds
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THE DETROIT JEWISH NEWS
41