Business
W ith interest rates this great, don't wait! Get your
Certificate of Deposit today! Choose the term that best
fits your needs 24 or 36 months.
• Minimum Deposit $1,000
• Monthly Compounding
• Interest Checks Available
On Deposits Over $10,000
For the rate that is great call:
Ann Arbor (Downtown)
665-4030
Ann Arbor (Main Centre) 665-4080
Bloomfield Hills
258-5300
Grosse Pointe
882-6400
Farmington Hills
737-0444
Or Call Republic Information Center
1-800 968-4425 7AM-7PM M-F
36 MONTH CERTIFICATE
Republic Announces Great CatEck Rates
NEMBEft FDIC
• Annual Percentage beids (APIs) are guaranteed thru Apra 30.1994 and may change after that date. Substanual Penalty or rally vnthdrawal. limited Tune Dfier. Not Valid vnth airy
other oiler.
I
S
T
INCTLY
and a free plan book; expert
demonstrations on gardening,
decorating and remodeling; en-
tertainment including dancers,
musical groups, singers; the
House of Nails and Treasure
Chest contests and a Chevy
Truck give-away.
Treasure Chest contest prizes
include gift certificates from
Farmer Jack/A&P and Builders
Square, flowers from Profes-
sional Allied Florists, a solid oak
glide rocker from Grandma's
Loft, a Hydroflex swim machine
exerciser and shark ride-on float
from Blue Dolphin Fiberglass
Pools of Michigan and side door
awnings from Michigan Awning
Company.
Exhibitors will span display
space equivalent to over 10 foot-
ball fields (500,000 square feet)
showcasing the latest technolo-
gy, products and services for
kitchens, baths, doors, windows,
yards/gardens, remodeling, fi-
nancing, arts and crafts, deco-
rative accessories, furniture, ap-
pliances, heating and cooling.
Home and garden literature
and items such as yardsticks,
pens, key chains, magnets and
live goldfish will be free for the
taking from the exhibitors.
The Builders Show will be
open 2-10 p.m. Monday through
Friday; noon - 10 p.m. on Satur-
days; and noon - 6 p.m. on Sun-
days.
Admission is $5.75 for adults;
$3.50 for seniors and children (6-
12); and free for children under 6.
Family tickets for two adults
and accompanying children are
available at Farmer Jack/A&P
for $8. Discount admission
coupons were mailed to home-
owners in their Detroit Edison
bills. Free admission coupons
for March 21 are available at all
Builders Square stores.
For more information, call
737-4478.0
Praise And Warning
For Israel Economy
REPUBLIC
D
BUILDERS SHOW page 37
BETTER
BANKING
NO—LOAD FUNDS
T
he International Mone-
tary Fund gave Israel's
economy high marks in
its draft annual report
but warned that inflation and
the slow pace of structural re-
forms could hold back growth.
"Israel presently enjoys the
basic pre-conditions for high
and sustainable medium-term
large wage settlements in the
public sector.
Although the report praises
the Bank of Israel for raising
interest rates at the end of
last year and the beginning of
the current one to counter ris-
ing inflation, it questions
whether these increases will be
sufficient to help reach this
THE TOP PICKS FOR 1994
CZ)
(../D
UJ
F-
CC
If you qualify, you're
invited to what is sure
to be the most valuable
investment workshop
you've ever attended.
NO-LOAD FUNDS:
THE TOP PICKS FOR
1994 goes beyond the
general information
you've heard before at
other seminars, be-
cause at the TOP
PICKS WORKSHOP
you'll actually get spe-
cific advice on what to
buy now. You don't
need any previous
mutual fund experi-
ence to benefit.
THE TOP PICKS Due to the advanced
nature of the TOP PICKS
WORKSHOP
WORKSHOP and our
will be led by
nationally recognized
mutual fund expert
RONALD M. YOLLES
JD, CFA
Mr. Yolles is frequently
quoted in national publi-
cations such as The New
York Times and Money
Magazine.
limited seating, atten-
dance must be limited to
investors who have port-
folios of $125,000 or more
(not including real estate).
If you are a qualified in-
vestor and do not work for
an investment firm, there
is no cost to attend.
Confirmed reservations
are required. No walk-ins
permitted.
WHEN:
WEDNESDAY, MARCH 23rd - 10 a.m.
WEDNESDAY, MARCH 30th - 10 a.m.
GALL SESSONS WILL CONCLUDE BEFORE NOON.
UJ
38
YOLLES INVESTMENT
II! A MANAGEMENT, INC.
FOR RESERVATIONS CALL
(810) 356-3232
Inflation is the biggest threat to Israel's economic growth.
economic growth. These include
a skilled and rapidly growing
labor force, an environment of
greater macro-economic stabil-
ity, and an improved geopoliti-
cal situation very different from
that which had hitherto re-
stricted market access and in-
hibited foreign investment," the
report states.
However, the report warns,
inflation "could put at risk the
achievements to date." What
particularly concerns the IMF
is the rapid growth of the mon-
ey supply, the significant real
estate price increases, the
tighter labor market, and the
year's 8 percent inflation
target.
The IMF praises the govern-
ment's budget for stressing in-
frastructure and education
spending and for progressively
lowering taxes.
The report calls for a more
vigorous economic reform
process to promote rapid em-
ployment growth, including
strengthening privatization ef-
forts, which "would perhaps be
the single policy area that could
most readily improve Israel's
image abroad regarding its con-
tinued commitment to serious
economic reform." 0