The Israeli Broadcasting Authority initiated an Arab song contest to take place tomorrow evening in Benianei Hauma in Jerusalem. The Broadcasting Authority told newsmen the contest will actually be a performance by the best Arab singers, musicians and dancers.
The contest is aimed to encourage Arab songs in Israel and to bring on stage new talents. The contest also aims to build a bridge between Arabs and Jews in Israel by means of music and dancing. The three elected songs in the contest will win prizes in the amounts of IL 2000, IL 1500, and IL 1000.
Newsmen were also told that the Broadcasting Authority hopes to create by the Arab song contest a social “happening” that will take place every year during the independence celebrations and festivities. The contest will be broadcast live on Israeli radio and Israeli television will include the Arab song contest in its program Aug. 31.
The following quotations from the Tel Aviv Stock Exchange are provided to the Jewish Telegraphic Agency by Leumi Securities, 18 E. 48 St., New York. N.Y. 10017. This is a selected list of the most active stocks.
Closing Prices: 8/20, 8/27
Africa Israel – $6.83, $7.00
Alliance ‘B’ – 12.50, 12.52
ATA ‘C’ – .291/2, .291/2
Bank Leumi – .73, 73
Bank Leumi Investment – 53, 52
Delek – .46, .46
Discount Bank investment – 3.14, 3.14
Electra – 2.97, 2.92
Electric Wire Cable – 1.29, 1.27
General Mortgage Bank – 2.82, 2.82
Hassock Insurance – 5.86, 5.80
Mehadrin Citrus – .53, .52
Shemen – 1.46, 1.38
Taal Plywood – 1.45, 1.44
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