Or, Liquid Rock Solid 18-Month IRA Platinum Plus Checking 6.66% 2•89, APY APY You win both ways Or, Stay Liquid Lock It In Here's a yield you can't pass up if you're shopping for a IRA. • Top yield. short term • Lets you plan for the future • S250 minimum deposit • FDIC insured Take advantage of the great Yield on our Platinum Plus Checking. • Additional 1/4% interest on CDs/IRAs • 25% annual discount on Safe Deposit Box • No printing charge for account checks BAD TASTE page 43 uary paycheck and the govern- ment's popularity slid still fur- ther. One Labor MK's revolt nearly prevented the supple- mentary budget from passing. Credibility blow No. 5. To make things worse, the His- tadrut, deprived of its major source of funds - its slice of Ku- pat Holim dues - wanted mon- ey. So the government agreed to let employers levy another por- tion of employees' wages and hand it over to the Histadrut - whether the employees liked it or not and whether they received any benefit from the Histadrut or not. The impression that the tax burden was getting heavier and heavier was reinforced. Credibil- ity blow No. 6. Earlier this month, in another grand gesture, the government, continuing to insist that it was the party of lower taxes, said it will grant married working women an additional tax credit point, worth about a hundred shekels a month in additional net income. The employers' contri- bution to health taxes will be cut. The cuts will be financed by another NIS 720 million in cuts in the state budget. Which brings us back to the NIS 5 billion sup- plementary budget ... Credibility blow No. 7. The more the government tin- kered with the recipe, the worse it tasted. It continues to claim that Is- raelis are all going to be richer. A poll published last week indicates that 70 percent of peo- ple do not believe it, and feel that the government has lost control of the economy. It is difficult to disagree. ❑ Neil Cohen is the business editor of The Jerusalem Post. Bank Predicts Slower Inflation Metrobank 4,7950 West Maple Rd. West Bloomfield, MI 48322 (810) 960-6060 Member FDIC 33205 Grand River Avenue 37000 Grand River Avenue, Suite 100 Farmington Hills, MI 48335 Farmington, MI 48336 (810) 474-6400 (810) 474-6400 27500 Famington Rd. Farmington Hills, MI 4833 (810) 474-6400 Platinum Plus Checking account requires a $2,500 minimum opening deposit $10.00 per month service charge on accounts not meeting monthly balance requirements; Annual Percentage Yield (APY) shown is for a minimum deposit $2,500. The minimum opening deposit for IRA is $250, penalty for early withdrawal; the APY shown is for a minimum deposit of $250. APY' offered as of 01/13195 and are subject to change without notice. Annual Percentage Yield on $10,000 Minimum Deposit. Effective • Jan 22, 1995. 12 MONIII CERTIFICATE OF DEPOSIT M3 MADISON NATIONAL B4NK We take your business personally. Farmington Hills 31300 Orchard Lake Road, near 14 Mile Road (810) 626-6190 Madison Heights 1800 E. Twelve Mile Road • 25021 Dequindre Road • 600 E. Fourteen Mile Road (810) 548-2900 44 Member FDIC Substantial interest penalty for early withdrawal from certificate accounts. There is a strong possibility that the inflation rate in Israel will slow down this year, according to Bank Hapoalim's survey of the Consumer Price Index. In Hapoalim's forecast of the stock market, the economists said the current poor atmosphere will change in 1995, but it will not be felt soon. In the financial sector, Hapoal- im said commercial banks' activ- ities in the capital market will moderate. It predicted the sector's per- formance will improve in the long run, reflecting the passage of leg- islation in the capital market, a breakthrough in the privatiza- tion process and foreign investors' increased interest. Hapoalim predicted a moder- ation in mortgage banks' profits in 1995 because of the slowdown in the real estate market. The economists said insurance companies active in the general insurance field are likely to suf- fer from the high market compe- tition. The bank said most of the firms engaged in the trade and services sector will register prof- its. Hapoalim predicted a growth in the market share of companies which are engaged in housing construction and own a large sup- ply of land in areas where de- mand is high. LEADING ISRAELI STOCKS TRADED ON U.S. EXCHANGES Change Symbol Name Exchange Jan. 13 Jan. 20 SCIXF Scitex NASDAQ '16.63 '17.00 ECILF ECI Telecom NASDAQ '13.13 '13.63 +s0.50 TEVIY Teva Pharm NASDAQ '22.13 '22.88 +$0.75 I EC PEC Israel NYSE '25.75 '24.75 ELBTF Elba Computers NASDAQ '19.75 '18.25 ELT Elscint LTD NYSE '1.88 '2.00 ELRNF Elron Electronics NASDAQ '9.63 '9.38 TAD Tadi ran NYSE '20.63 '19.75 CMVT Comverse NASDAQ '12.63 '12.38 LANTF Lan net Data NASDAQ '23.25 '23.63 +'0.38 ISL First Israel Fund NYSE '9.75 '9.75 +$0.00 -51.50 -$0.88 Source: Allen Olender, Prudential Securities, West Bloomfield.