Business

ATTENTION HOME BUYERS

WANT TO PAY
ZERO POINTS?

Spain Is Trade Bridge

There's nothing to it

pain can serve as a bridge
for trade between Israel
and North African coun-
tries, especially as Middle
East prospects for peace move
forward, according to Manu-
facturers Association President
Dan Propper.
Mr. Propper, who spoke in
conjunction with the Israeli vis-
it of Spain's King Juan Carlos,
said trade between Israel and
Spain is expected to increase by

S

some 20 percent during the
coming year to $300 million.
Part of the increase will be
through trade aimed at North
African nations such as Tunisia,
Algeria and Morocco.
Danny Gillerman, head of
the Israel Federation of Cham-
bers of Commerce, added that
Spain is likely to be a key trad-
ing partner for Israel in the fu-
ture. ❑

Teva Posts Increase

The Zero Point Specialists
The MORTGAGE COMPANY

Of Michigan, Inc.

313-375-2626

ASK
ABOUT OUR
MUTUAL FUNDS!

6 MONTH CD

Sterli ng

4•O4

Annual Percentage Yield
effective as of 11/8/93
Avail. through November 30th
Penalty for early withdrawal

Birmingham
646-8787
Clawson
435-2840
Dearborn
274-3030

bank
&trust

MONEY
MARKET

3 56%

LEADING ISRAELI STOCKS
TRADED ONUS. EXCHANGES

Symbol Name

Change

'26.00

ECILF

ECI Telecom

NASDAQ

'47.75

'48.00

Annual • Percentage Yield
effective as of 11/8/93

TEVIY

Teva Pharm

NASDAQ

'31.38

'30.50

I EC

PEC Israel

NYSE

'32.25

'33.63

+51.38

$2,500 Min. Balance Required*

ELBTF

Elbft Computers

NASDAQ

'40.50

'40.75

-'0.25

ELT

Elscint LTD

NYSE

'5.62

'5.38

-fs0.25

ELRNF

Elron Electronics

NASDAQ

'19.63

'18.50

TAD

Tadiran

NYSE

'36.63

'37.73

CMVT

Comverse

NASDAQ

'15.50

'15.25

LANTF

Lannet Data

NASDAQ

'14.75

'12.75

West Bloomfield
855-6644
Waterford
Sterling Heights
674-4901
268-5200
Warren
Southfield
558-4600
355-9831

$5.00
with this ad

DYNAMIC
CAR CARE CENTER

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Northwestern Ilw

Nov.12

'23.38

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TUNE-UPS

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Source: Allen Olender, Prudential Securities,
West Bloomfield.

EARLY
DEADLINES

oe Stamell's Dynamic Muffler & Brake

44

Nov. 5

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*Rates may change. Statement fees may reduce earnings if balance is not maintined.

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Exchange

Scitex

ROSEVILLE - ROYAL OAK - ROCHESTER
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Livonia
462-4106
Rochester
656-5760

compared to $21.5 million in the
same period last year.
Teva develops and manufac-
tures human pharmaceuticals,
bulk pharmaceutical chemicals,
medical disposables, veterinary
products, baking yeast and al-
cohol. The company is the
largest supplier of such prod-
ucts to the Israeli public and pri-
vate healthcare markets. It has
manufacturing facilities in Is-
rael, Europe and the U.S. ❑

SCIXF

OPENING SOON!

Grosse Pointe
882-2880
Lincoln Park
383-4000

I

eva Pharmaceutical In-
dustries, Israel's largest
pharmaceutical company,
reported a 103 percent in-
crease in third-quarter profits
compared to the same period in
1992.
Net income increased to
$13.9 million compared to $6.9
million in the corresponding pe-
riod last year. For the first nine
months of the year, net income
rose 92 percent to $41.3 million,

The Jewish News will have early
deadlines for upcoming issues:

Nov. 26 Issue:
Display ads, 4 p.m. Friday, Nov. 19
Classified ads, 10 a.m. Monday, Nov. 22

starting at

Dec. 3 issue:
Local news, noon Tuesday, Nov. 23

$39.95

4 cyl.

4110•111161111=1112/

