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June 24, 1994 - Image 33

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-06-24

Disclaimer: Computer generated plain text may have errors. Read more about this.

Your Old Fur Can Be
Remodeled Into .1
Zip In And Out
A II Weather Poplin Coat

CADI LLAC®

C REATING

Michigan's total of $9,000,
raised at seven sites, was tops
among the 10 states which took
part in the Workout for Kids.
Nationally, more than 2,000
children at 75 schools, day-care
centers and Little Gym fitness
centers took part in the fund-rais-
er and generated more than
$20,000.
Chevron Oil Company and Lit-
tle Gym International Inc., a na-
tional franchise that provides
fitness, motor skills development
and related programs for children
ages 4 months to 12 years, were
the national sponsors.
Persons interested in getting in-
volved with next year's Workout
for Kids can call Gail Mondry at
737-3020.



Robert GMann fur

6-

Applegate Square • Northwestern Hwy. at Inkster

352-7112

Your Home
or Office

By
Appointment

NEW
1994
SEDAN DEVILLE

STOCK # 292844

lek HIG HER STA. NJ CI

SINGLE UP-FRONT
PAYMENT

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$2,000
DOWN

$0
DOWN

$38r

Index Rise
Stuns Experts

The Israel Consumer Price Index
(CPI) jumped 1.2 percent in May
as housing prices continued to
soar.
Rahamim Ozama, head of the
Central Bureau of Statistics' price
division, estimated that inflation
is now running at 14 percent an-
nually based on the first five
months of the year.
Most economists were sur-
prised by the CPI jump, expect-
ing housing prices to moderate ha
the aftermath of the stock mar-
ket's slump. They thought the
drop in investors' wealth would
curb their appetite for housing.
However, "housing keeps strik-
ing back," said Jonathan Katz,

The goal of 8 percent
annual inflation is
unreachable.

head of Economic Modeling and
Forecasting.
Housing prices rose 2.3 percent
last month as apartment prices
increased by 2.5 percent and rents
by 1.2 percent. Housing con-
tributed 40 percent of the CPI
rise.
"We weren't surprised," said
Bank Hapoalim's chief economist
Ptachia Bar-Shavit, who predict-
ed the CPI would rise 1 percent
in May.
He blamed the increase on the
government for failing to move de-
cisively to lower housing prices.
Nearly everyone agrees that
the government's original goal of
8 percent annual inflation is now
unreachable. Prices have in-
creased by 5.6 percent during the
past five months and it is unlike-
ly that in the remaining seven
months they will rise only 2.4 per-
cent.
Last week, Hapoalim econo-
mists adjusted their inflation es-
timate for the year upwards to
10.5 percent from 9.5 percent.

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NEW 1994
CADILLAC
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For 20 Years

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BNRN=TT
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CORPOR A TION

189 MERRILL ST. BIRM., MI 48009

Phone. (313) 644-1124

Since 1971

Find It All In
The Jewish News
Classifieds
Call 354-5959

NEW 1994
CADILLAC
SEVILLE SLS

STOCK #805598

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PLUS PAYMENT

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51215 7300 $57V $527

*GMAC SMARTLEASE 24 months. First pymt. plus $500 ref. sec. dep., down pymt. as
shown above; plate or transfer fee due on delivery. State & Lux. tax additional. Mile lim-
itation of 30,000. 10e per mile excess charge over limitation. Lessee has option to pur-
chase at lease end. To get total payments, multiply payment by number of months.
Based on GMAC SMARTLEASE
New addition
PLUS 24 month one single up front
ExiA
payment. plus $500 ref. sec. dep. plus
plates or transfer due on delivery. Lux-
ury tax additional. Mile limitation of
30,000. 105 per mile excess charge
over limitation. Lessee has option to
purchase at lease end.

R

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Cadillac

INKE CADILLAC

I - 696 AT VAN DYKE

48300 •

g

eneral
otors
family ,,„„.19 17

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If traveling west on 1-6%, exit Hoover, follow Service Drive to RINKE.
If traveling east on 1-696, exit Van Dyke; take second bridge past Van Dyke over expressway

to RINKE.

f r .••• ' .\\s

a,
a)

MASTER
DEALER

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EXCEUFNCE

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Open Mon. 7-9pni, Tues. 7-7 pm, Wed. 7-7 pm, Thurs. 7-9 pm, Fri. 7-6 pm

33

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