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The Logansport Press from Logansport, Indiana • Page 6

Location:
Logansport, Indiana
Issue Date:
Page:
6
Extracted Article Text (OCR)

Page 6 THE PHAKOS-TRIBUNE PRESS. LOGANSPORT. INDIANA Wednesday Evening, February 17,1971 Diamonds Are Israel's Best Industrial Friend TEL AVIV (UPI) biggest and most industry to come to Israel." The Tel Aviv Bourse, a city TOcdern diamond bourse towers within a city, has some 1,000 'fever the city, a 28-story steel me'm-bers representing 250 land glass monument to one of Hsrael's largest export indus- Diamonds not only are best industrial friend, ilthey also add a sparkle to a economy flagging burden cf badly under the Defense spending. In 20 years the diamond industry has grown dramatically from small backyard cutting and polishing factories employing only 800 persons and annual capacity of $5 jnillion to a complex. It now 'directly or indirectly employs ,000 Israelis and has annual firm's atom and abrgad.

Within. its aluminum and glass walls are special security sendees, banks, post offices, administrative facilities, governmental and -commercial bodies associated with the trade, restaurants and a 6,000 square enclosed, trading floor. Lots of Rocks On any one day its. vaults contain at least million worth of stones. In a state acutely aware" of national security because of the Arab presence, they're guarded every minute.

News From Hollywood JL31 dCJJO CUlU o-JUiutii export sales of $202 million in) Armed men stand at the 5970. entrances. Closed circuit televi- Figures tell the story of sion cameras follow every Israel's rise to the second move a visitor makes, diamond seller in Qn the trading floor dealers World. It still trails, but isj allc buyers from 50 counties overtaking, Belgium. Industrial Growth Moshe Schnitzer, 47, president of the Tel Aviv Bourse and the first non-Belgian of the World Federa- 4ion of Diamond Bourses, Ipresonifies the growth of the industry here.

Twenty years ago 'he -worked as a diamond cutter in a Backyard factory' in. Hhis city. Today he rules over bourse 'and his own haggle over tiny paper parcels of what looks to the unitiated like bright pieces of broken glass. Israel still buys more than 40 percent of its raw diamonds from the South African-controlled but London-based Central Selling Organization, It also gets supplies from the Congo (Kinshasha), Sierra' Leone and the Ivory Coast. Four j.

uul hundred factories -in export, business I Israel ap pi the. finishing. Jrom a suit of 'offices atop aucnes to 'more than Bourse with a' panoramic view jiij 0 carats annually, or 80 By VERNON SCOTT UPI Hollywood Correspondent HOLLYWOOD (UPI) Even as audiences pour in to see "The Aristocats," Disney Studio animators are preoccupied with the featureJength cartoon which ready 'ior theaters The producerr'director is Wolfgang Reitherman, a Disney veteran of more than 20 years. His current project is "Robin Hoods," but with a twist. Instead of telling the classic tale with animated human and be various creatures the forest, 1 "The reason is-basic," said Reitherman, pointing to drawings in the studio's animation headquarters.

"Audiences exercise a greater degree of imagination with animals than with human beings. Cartoon is Fundamental "As far as I'm concerned the cartoon is the, most'fundamen- tal of cinema, arts. It. puts together story and appearances; all from imagination. Live actors already come equipped with a voice and their own phsyical attributes.

"We must'invent the charac-i ter and'then' find a voice to' match." We bring eardrum and eyeball together." Reitherman turned his artists among them Ken Anderson and Frank noodle around with ideas'- and possibilities for Robin Hood and other characters. Robin: will be a fox with Tommy Steele's voice. Prince John will be a nasty lion (Peter Ustinov). Little John a bear (Phil Harris), Friar" Tuck a badger (Andy Devlne), Maid Marian a vixen for whom voice has be found, and the- Sheriff 'of 'Nottingham, a wolf with the voice of Pat Buttram. "Robin-Hood" Started "Robin Hood" was started eight months ago, while "The Aristocats" was still being completed.

In this manner Disney manages keep its highly skilled artists work 1'2 months year. Otherwise it would be necessary to lay them off. and lose a team which includes'men who worked on "Snow White" and subsequent cartoon epics. "The Aristocats" cost million. Reitherman expects "Robin Hood" to come in at million.

cost keeps going up," he concluded. "-But then so do the -profits. We expect 'The Aristocats' to -earn about $27 million- the' first' 'time around. And that's not bad." ABA Transfer: Hester LOUISVILLE, Ky. (UPI) Rookie Da'n Hester, a 6-foot, 8- inch center, was obtained by the Kentucky Colonels of the American Basketball Association Thursday on waivers from the Denver Rockets.

Read the Want Ads million carats annually, or SO percent of the world's'" total production of small' and medium-size panbr -of the city Mediter-. ranean. He commutes to world on business. "One of Israels 'problems water, but use water diamond cutting and polish-' jjng. We use up little power or and the returns are relatively high; 1 he id.

304-day, 1970-71, the. -rough stones i-shippihg season- throdgh the Soo Busy Locks STE. MARIE, Mich. 20 percent to the value. "Antwerp is still the biggest -diamond center; but within five we'll overtake the" Belgians," said Schnitzer.

"Many young cutters and -polishers have left- Belgian Locks was the longest ever for the 'connecting link between Lake -Superior and -the lower Great -Lakes. The U.S. Steel ore carrier Philip R. Clarke' was the last through, the lock.s on Jan. 30.

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About The Logansport Press Archive

Pages Available:
49,626
Years Available:
1956-1973