Currency Reserves Experience A Drop Jerusalem — The country's for- eign currency reserves fell in Au- gust by $840 million, to $8.13 billion, the Bank of Israel said. It was only the second month this year that foreign currency reserves have dropped. The cur- rent total is 20 percent higher than at the beginning of the year. The Bank of Israel attributed the August drop to technical fac- tors, namely a new swap mech- anism in which the bank makes short-term (four-week) currency trades with the commercial banks. Currency reserves have been rising because of the cen- tral bank's high interest-rate pol- icy. Despite projected inflation in the mid-single digits this year, interest rates are around 13 per- cent. There have been concerns that the "hot money" streaming into the economy to capitalize on the high rates could suddenly change course, destabilizing the shekel. The currency has remained steady at three shekels to the dol- lar since 1993, in part due to the high interest rates. Tadiran Batteries Wins Contract Jerusalem — Tadiran Batteries has won a contract to supply lithium batteries for roads in Canada. The tender was held by Mark IV, a Canadian company in charge of construction of Highway 407. So far, Tadiran has received a $3 million order from Mark IV. Tadiran an- nounced it is in advanced nego- tiations to supply similar batteries to Texas Instruments, which is also active in construc- tion of road networks. Diamond Exports Are Down Jerusalem — Exports of pol- ished diamonds were down six percent last month as compared to August of last year, totaling $178 million, compared to $189 million in August 1994. The year-to-date export totals are up 14 percent, however, at $2.538 billion, compared to $2.220 billion in January to Au- gust of last year. The supervi- sor of diamonds in the Industry and Trade Ministry, Tsafrir In- bar, said that the drop in dia- mond exports in August was seasonal. It reflected heavy re- turns last month of some 32 per- cent. This is common in August, Mr. Inbar said, since an excess of diamonds are exported before the summer vacation. tfs FIREPLACE GLASS DOORS TOP QUALITY CLOSEOUTS VALUES $200-$500NOW $ 49 99 -1 5 9 99 Ai r perfect gift... • verisrsre•Me MIN MOM MIN NM ■ ■ IVO V $4999)6999 Bring in your 11999-15999 measurements $6999-$9999 FIREPLACE GAS LOGS 24" SETS A subscription to HOME & HEARTH VENTED GAS LOGS FOR $24999 INCLUDES: installation available SIERRA UNVENTED GAS LOGS FOR $449.99 INCLUDES: logs, burner, pan, embers, grate, cinders , pilot control O.D.S. sensor, push button starter logs, burner, pan, embers, cinders, grate, & SAFTEY PILOT CONTROL. #standard 24 Custom Replace GlassDoors in your choice THE JEWISH NEWS 1! of shapes, sizes, finishes. SAVE 10% & get FREE STANDARD INSTALLATION & FREE MEASUREMENT on all custom fireplace doors (810) 855-0303 fire') ace barbecue 1-810-354-6620 DAVID SYME Entertainment Family Events Jewish Programs Corporate Shows Concerts Lecture-Concerts SOLO or BAND 810.681.2417 David Syme's recordings available at all Harmony House locations or call 1-800-321-PIANO (1-800-321-7426) 35 SEATS AVAILABLE FOR ROSH HASHANAH In Our Warm Heimishe Shul OHEL MOED OF SHOMREY EMUNAH 6191 Farmington Road West Bloomfield "YOUR SYNAGOGUE WITHIN WALKING DISTANCE" Call for reservations (810) 737-2756 or (810) 557-2580 30903 ORCHARD LAKE ROAD (in Hunter Square betwn 13 & 14 Mile by TJ MAXX, AMAZING SAVINGS & THE GAP) Open Monday -Thursday 10 am-9 pm Friday 10 am-5 pm CLOSED SATURDAY OPEN Sunday 11 am-5 pm sale ends 9/21/95 Confused about how your company can profit from the Internet? ONLINE MARKETING COMPANY WILL... Demonstrate how marketing on the Internet can increase your customer base in the Metro-Detroit area ■ Show you how the Internet can be used to market your company/ products/services to other parts of the country or world ■ Create and implement an Internet marketing strategy for your company ■ Keep it simple for you to understand! ONLINE MARKETING COMPANY Ask for Scott Segal or Jeff Dwoskin (810) 642-3971 Our World Wide Web URL: http://www.metroguide.com (01 Providing the Best Prices and Service in Oakland County! —please call — 541 -413$ ! . %. OM 056-9500- , DAylp, GIBER CresIvieliv" Cad illac