IS A STOCK MARKET CRASH JUST
AROUND THE CORNER?

wood University in Dallas, Texas.
Other honorees included actor
Florence Henderson, Redken
Laboratories founder Paula Kent
Meehan, and author and artist
Fleur Cowles.

Alan Gantman of Novi has been

appointed local sales manager of
94.7 WCSX (radio) and Greater
Media. Mr. Gantman previously
served as general sales manag-
er of WLT NW.V.MV.

Capital Mortgage Funding
Co. of Southfield was recently

chosen as one of the 1996 Future
50 of Greater Detroit companies.
The winners were honored this
month at a luncheon at the Troy
Marriott with speaker Vinnie
Johnson, president and CEO of
Detroit-based Piston Packaging.
Capital is four years old and does
most of its business in tradition-
al home mortgages.

Jill Hafetz Keller has joined the

staffofJewish Federation of Met-
ropolitan Detroit as assistant di-
rector of its Michigan/Israel
Connection. Prior to joining Fed-
eration, she worked in public re-
lations and investor relations.She
replaces Renee Himelhoch,
who will make aliyah to Israel in
November and work with Fed-
eration's Israel office.

Bank Won't Link
Sale To Victims

Jerusalem -A group of relatives
of Jews killed by the Nazis is call-
ing on Bank Leumi to reconsid-
er its decision to sell its
controlling share in Migdal In-
surance to Italy's Assicurazioni
Generali, alleging the latter has
failed to pay out on Holocaust vic-
tims' life insurance policies.
But Leumi refuses, saying the

two issues are unrelated.
Before World War II, Jews
from the city of Uzshghorod, now
in the Ukraine, took out life in-
surance policies with Generali's
Prague office. In 1944, most of
Uzhgorod's 20,000 Jews were de-
ported to Auschwitz.
Two years later, surviving rel-
atives of the policy holders ap-
proached Generali to claim their
payments, but Generali refused
to pay. It insisted reimburse-
ments could be made only with
the provision of death certificates.
In the 1970s, Israel's Foreign
Ministry requested clarification
of the situation from Generali,
but the families allege a reply
was never received. Renewed in-
terest in the issue has come with
Leumi's plan to sell its 51 percent
share in Migdal to the Italians.
The families claim Generali
will be using Jewish money to
purchase a stake in a Jewish
company. Leumi only received
details of these claims in Sep-
tember, said spokeswoman
Richie Karmi. Leumi said this is-
sue has nothing to do with its af-
fairs and has forwarded the data
to Generali. Meanwhile, the fam-
ilies have contacted the Gener-
ali headquarters in Trieste.
Generali claims that relevant
documents probably no longer
exsist, since it is company policy
to keep them only for 10 years af-
ter the last recorded premium
payment.
Israel Radio has received
"some 35 serious calls from fam-
ilies in the same position," said
business reporter Menachem
Freidman. All the callers have
cited genuine policy numbers and
recounted similar stories.
Now the families say dozens
of such policies were taken out
by Jews across Central Europe,
all of which were processed in
Generali's Prague office.

Exchange
NASDAQ
NASDAQ
NASDAQ
NYSE
NASDAQ
NYSE
NASDAQ
NYSE
NASDAQ
NYSE

WHERE ARE INTEREST RATES GOING?

•

GOLD'S INTRINSIC VALUE? You will be shocked to learn the truth!

•

IF THE DOW COULD REPEAT ITS PERFORMANCE OF THE
LAST 64 YEARS, HOW HIGH WOULD IT GO? Its a real surprise!

You can get the answers to these questions by joining us for a very special
evening. Our guest speaker' is eminently qualified to give realistic answers to
these questions. He writes a stock market letter. His record speaks for itself:
• In 1978, when the prime rate was 8% he predicted it would go over 10% for the
second time in this century. It did ultimately reaching 21%.
• In 1979 he predicted that gold then trading at $425 p/oz would rise to $900 p/oz. Gold
peaked at $875 p/oz. three months later.
• In 1987 he predicted the stock market was about to fall. His warning came six weeks
before the crash.
• In 1993 he predicted gold was going to rise. It did and his readers made 80% to 300%
on his gold stock recommendations.
• In 1994 he advised buying bonds because interest rates were about to fall. They did
and his readers earned over 20% interest in one year in U.S. government bonds.

Date: Wednesday, November 6, 1996
Time: 7:30 p.m.
Place: Kingsley Inn 1475 N. Woodward, Bloomfield Hills (near Long Lake Road)
Call for reservations 1-800-546 5268.

Tickets are $25.00 payable at the door. Make checks payable to NATIONAL BONE
MARROW TRANSPLANT LINK. Contributions are tax deductible.

Sponsored by NATIONAL BONE MARROW TRANSPLANT LINK
A non profit charitable organization

M

ER R 7-BA

Oct. 11
'10.63
'20.50
'43.12
'16.86
'12.12
'8.00
'10.50
'25.38
'37.50
'11.50

Oct. 18
5 11.12
5 22.00
5 44.38
5 16.50
5 12.25
5 8.50
5 10.63
5 25.75
5 38.00
5 11.50

Change
5 0.49
5 1.50
5 1.26
-s0.36
5 0.13
5 0.50
5 0.13
5 0.37
5 0.50
5 0.00

Source: Allen °lender, Prudential Securities,
West Bloomfield.

■ or

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TRADED ON U.S. EXCHANGES

Symbol Name
SCIXF
Scitex
ECILF
ECI Telecom
TEVIY
Teva Pharm
I EC
PEC Israel
ELBTF
Elbtt Computers
ELT
Elscint LTD
ELRNF
Elron Electronics
TAD
Tadiran
CMVT
Comverse
ISL
First Israel Fund

•

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NEW '97 TOYOTA COROLLA DX

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All prices plus tax, title, plate, tic., doc., and destination or acquisition fees. Leases all require 1st mo. & sec. dep. plus down pymt. Based on conventional financing. To get pymt. multiply by no. of
mos. Option to purchase at lease end for predetermined amt. Price determined at lease inception. 15,000 mile/yr. limit on leases. 1 lc per mile excess (12,000 miles/yr. limit on Import leases, 10c
mile excess). Lessee responsible for excessive wear & tear. Dealer not responsible for typographical errors. Pictures may not represent actual vehicles or sale. Prior sales excluded. Dealer
financing on select vehicles only. Others require conventional credit approval. ACustomer must meet min. down pymt. requirements for approved credit w/ FMCC. Valid on 2 or 3 yr. Red Carpet
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