NCSJ Backs Suspension
Of Jackson-Vanik
BERKLEY/TODD HEGLER
(810) 546-2590
BIRMINGHAM/NORM •LINING
(810) 646-8787
SOUTHFIELD/CHARLES ROLLO
(810) 355-9831
WEST BLOOMFIELD/JEFF THOMPSON
(810) 855-6644
We create solutions."
$2,500 MINIMUM BALANCE REQUIRED. RATES MAY CHANGE WITHOUT NOTICE.
STATEMENT FEES MAY REDUCE EARNINGS IF BALANCE IS NOT MAINTAINED. ANNUAL PERCENTAGE YIELD EFFECTIVE AS OF OCTOBER 21. 1994.
YOU CAN AFFORD
$ 1,000,000 LIFE INSURANCE
Your Premium Guaranteed To Stay The Same For The First 10 Years
$1,000,000 (Preferred Non-Smokers)
ANNUAL RATES
MALE
775
825
1165
1655
2535
5775
AGE
30
35
40
45
50
60
FEMALE
610
695
850
1215
1705
3375
CALL 81 0-354-41 1 1 FOR A QUOTE.
0 Also Have Excellent Smoker Rates And Plans Available For People With Health Problems )
L1.1
U)
K
Kaufman
Insurance and
Financial Planning Group
Jerald Kaufman, CM ChFC
LLJ
21411 Civic Center Drive
■
Suite 204 • (810) 354-4111
■
Southfield
cC
F-
Lu
H-
52
ARNOLD
Automotive Group Ltd.
Gratiot Ave. at 12 NW Road, Rowell* Michigan
- lust 25 ntinut,3 fratm the Rinsibightuti/Rioonsfleiti area
dowwwww'
Of of 1-696 "
45 6 E
Y
LINCOLN
waivers of the amendment's trade
sanctions against first the Soviet
Union and later Russia, in recog-
nition of the substantial increase
in Jewish emigration that has
taken place since former Soviet
President Mikhail Gorbachev first
allowed tens of thousands of Jews
to leave the country.
But until now, groups moni-
toring the rights of Russian Jews
have insisted that trade benefits
for the Soviet Union and its suc-
cessor states be linked to an an-
nual presidential review of their
emigration practices.
The new recommendation for
a presidential determination,
which was issued a week before
Russian President Boris Yeltsin
was due to visit Washington, does
not mean that the National Con-
ference has called for a repeal of
Jackson-Vanik. It also does not
mean that Russia is being per-
manently "graduated" from the
Jackson-Vanik process.
What it does mean is that the
conference - an umbrella body
representing 50 national Jewish
agencies and more than 300 local
federations and community coun-
cils - is recommending that
there no longer must be annual
certification that Russia is in com-
pliance with the terms of the
amendment, explained Mark
Levin, executive director of the
National Conference.
"The determination does not
close the books on the amend-
ment," said Richard Wexler, Na-
tional Conference chairman.
"It exempts Russia from the
yearly review-waiver process,
LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES
Rates are a combination of Jackson National, Old Republic & Zurich Life.
All rated by A.M. Best Company
VD
New York (JTA) - For the first
time ever, the leading agency rep-
resenting the American Jewish
establishment on the issue of "So-
viet" Jewry is recommending that
the United States suspend its an-
nual formal review of Russia's
emigration practices.
In a departure from 20 years
of policy, the National Conference
on Soviet Jewry issued a state-
ment urging President Clinton to
issue a presidential determina-
tion that Russia is in compliance
with the requirements of the 1974
Jackson-Vanik Amendment.
Such a determination would
exempt Russia from the annual
presidential review of its emi-
gration practices that has taken
place since Congress adopted the
amendment, which denies most-
favored-nation trade privileges to
countries that do not allow free
emigration.
But the State Department
would still be required to issue
semi-annual reports to determine
whether Russia remained in com-
pliance with the amendment.
This move, which appears to
have broad support, marks a ma-
jor departure for the Jewish com-
munity, which lobbied heavily for
the amendment. Sponsored by
the late Sen. Henry "Scoop" Jack-
son, D-Wash., and former Rep.
Charles Vanik, D-Ohio, it became
a major tool in pressuring the So-
viet Union to liberalize its emi-
gration practices.
Each year since 1990, the Na-
tional Conference and other Jew-
ish groups have recommended
that the president issue one-year
Find It All In
The Jewish News
Classifie ds
Call 354-5959
Symbol
Name
Exchange
Oct. 7
Oct. 14
Change
SCIXF
Scitex
NASDAQ
'21.88
'21.88
$0.00
ECILF
ECI Telecom
NASDAQ
'17.88
'17.75
TEVIY
Teva Pharm
NASDAQ
'29.56
'27.63
I EC
PEC Israel
NYSE
'26.88
'26.25
ELBTF
Elbit Computers
NASDAQ
'24.00.
'22.50
5 1.50
ELT
Elscint LTD
NYSE
'2.13
'2.13
$0.00
ELRNF
Elron Electronics
NASDAQ
'9.75
'8.75
-$1.00
TAD
Tadi ran
NYSE
'21.38
'23.00
+s1.63
CMVT
Comverse
NASDAQ
'11.25
'12.13
+'0.88
LANTF
Lannet Data
NASDAQ
'8.13
'8.13
$0.00
ISL
First Israel Fund NYSE
'13.50
'13.38
Source: Allen Olender, Prudential Securities,
West Blootnfield.