12 MONTH CERTIFICATE
3.500 0/0
3.550%
[INTEREST
RATE
A.P.Y./ *
24 MONTH CERTIFICATE
4.000% 7:EST
4.060% A P"
60 MONTH CERTIFICATE
5.000% 'ARTri
5.090% AP"I
First
Rate
Rates.
Call 338-7700
352-7700
athan Rosenfeld had to
rely on two criminals to
open the Jacobson's fur
vault when he acquired
the department store chain in
1939.
Richard Jacobson, the
founder's grandson, sold the
4.04%
Birmingham
646-8787
Clawson
435-2840
Dearborn
274-3030
bank
&trust
"First in Service"
Main Office
2600 Telegraph Rd.
Bloomfield Hills. Ml 48302
Jacobson's turns 125 years old this year.
EQUAL
MONEY
MARKET
3.56%
change for a pitcher of beer, the
two men opened the safe, and
Jacobson's fur sale began as
scheduled.
"That was (my father's) first
day in business," Mark Rosen-
feld recalls. "The next day, he
changed the vault's combina-
tion."
Founded in 1868 by the Ja-
LEADING ISRAELI STOCKS
TRADED ON US. EXCHANGES
Exchange
Nov. 5
Nov. 12
effective as of 11/28/93
SCIXF
Scitex
NASDAQ
'25.38
'25.13
$2,500 Min. Balance Required*
ECILF
ECI Telecom
NASDAQ
'23.38
'24.13
TEVIY
Teva Pharm
NASDAQ
'29.50
'28.38
1EC
PEC Israel
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'31.75
'32.00
ELBTF
Elbrt Computers
NASDAQ
'42.75
'41.50
-51.25
ELT
Elscint LTD
NYSE
'5.13
'5.13
'0.00
ELRNF
Elron Electronics
NASDAQ
'20.88
'20.50
TAD
Tadiran
NYSE
'34.88
'34.00
CMVT
Comverse
NASDAQ
'15.50
'14.75
LANTF
Lannet Data
NASDAQ
'12.75
'12.25
West Bloomfield
855-6644
Sterling Heights
Waterford
268-5200
674-4901
Southfield
Warren
355-9831
558-4600
ROSEVILLE - ROYAL OAK - ROCHESTER
RENAISSANCE CENTER
Livonia
462-4106
Rochester
656-5760
Jackson-based business to Mr.
Rosenfeld on a Friday, then he
headed up north to his cabin in
Charlevoix.
When Mr. Rosenfeld re-
turned to his new store on Sat-
urday morning, he realized that
he hadn't asked the former
owner, who couldn't be reached,
for the vault's combination. A
Symbol Name
Annual Percentage Yield
OPENING SOON!
Grosse Pointe
882-2880
Lincoln Park
383-4000
N
fur sale was due to begin in a
few hours.
Mr. Rosenfeld called on a
friend who was the warden of
the nearby Jackson Prison.
The warden sent over a
guard and two inmates who
could crack any safe. In ex-
SAVINGS BANk
ABOUT OUR
MUTUAL FUNDS!
Annual Percentage Yield
effective as of 11/28/93
Avail. through Dec. 13, 1993
Penalty for early withdrawal
Jacobson's Celebrates
125th Anniversary
FIRST SECURITy
Penalty for early withdrawal from certificate accounts may be assessed.
Sterling
=BUSINESS
SUSAN KNOPPOW SPECIAL TO THE JEWISH NEWS
* Annual percentage yield when compounded quarterly. Rate is accurate as of 12/3/93.
6 MONTH CD
01 DETROIT
These are fixed rate
certificates of deposit
that are insured by
the Federal Deposit
Insurance Corporation
(FDIC). A minimum
opening deposit and
balance of $500.00
is required to obtain
the stated A.P.Y.
*Rates may change. Statement fees may reduce earnings if balance is not maintained.
Change
s1.13
Source: Allen Olender, Prudential Securities,
West Bloomfield.