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Newsday (Suffolk Edition) from Melville, New York • 6

Location:
Melville, New York
Issue Date:
Page:
6
Extracted Article Text (OCR)

AT Wlrtphif MINI-GUN Maj John Quintanilla of tho territory of Igana Guam checks modern shotgun yesterday at International Association of Police Chief's convention in Kansas City Maj John Allen of the Kansas City police left and Army Col Rex Apple- gate (Ret) also study the weapon Trot Probe Is Closed As Witnesses Clam dtp World Munt'O'n For Missing $15 Million New York Banks security dealers and police around the world -were alerted today to look for $1522000 in negotiable US Treasury hills reported missing from a brokerage firm here The loss of the 56 bills which resemble stock certificates was discovered Tuesday during a routine audit in the branch office of Hayden Stone Inc an investment concern at SO Fine St Hie FBI and city police were notified and a stop order was issued for the bills A stop order presents payment The firm was fully insured for the loss but the bills are negotiable until Oct 26 when they will mature Already Sold? One policeman on the case said that underworld fences 'would probably buy the bills but at a fraction of their worth because they were hot He speculated that the bills had been sold already but would probably not appear in financial circles for several years until the publicity about them has died down The denominations and serial numbers of the bills have been sent to security dealers and police throughout the world The same information has been dispatched to banks in the US Canada South America Europe and the Philippines The bills include one for $500000 six for $100000 each one for $500000 3S for $10000 each three for $5000 and sev en for $1000 each The currencies known as pay to bearer bills are customarily used for the easy transfer of large They are 180-day notes sold by the US Treasury usually to financial concerns Terrence McShane a vice president of Hayden Stone told police that the bills were last seen July 27 during an audit of the department Another routine audit Aug 28 disclosed that they were missing A search was made by the company but when the notes were not found authorities were notified Second Loss The loss was the second at Hayden Stone in little more than a year Last August a routine check uncovered the disappearance of 5000 shares of International' Business Machines stock valued at more than $1500000 Six hundred of those shares were found last October in Toronto and in February of this year 2600 more shares worth more than $1000000 were found by Penrtsvlvinia insurance investigators in a Harrisburg safe deposit box Hayden Stone called the loss an "unexplainable Numerous other Wall Street brokerage houses have lost large amounts in stocks and securities to thievcs ln 1965 thieves robbed a messenger of the Coodbodv Co brokerage house of $2500000 in securities A total of $1506000 was recovered Last April the Thomson dr McKinnon firm on Wall Street reported the theft of $500000 in blue chip stocks And last November $2000000 in securities including $600000 in Treasury bonds $770000 in other bonds and $630000 in stocks was reported missing from the offices of New-berger Loeb dr Co By Stuart Dim Mineola In a surprise announcement Nassau District Attorney Cahn said yesterday that a grand jury investigation of alleged race fixing at Roosevelt Raceway has been stymied by the refusal of key witnesses to cooperate Cahn said that as a result the probe is over unless new evidence comes to light Cahn noted that the special grand jury had handed up a total of eight indictments in the racefixing matter five of them charging perjury by witnesses who Cahn said refused to cooperate Cahn refused to comment when asked if every witness who would not cooperate was indicted for perjury Earlier this year he charged that there was a con investigation The next step he said is to prosecute the eight indictments already funded up A day after the alleged fixed race was to have taken place William (Buddy) Cflmour a leading driver was beaten in the Wcstbury motel room of driver Frank Radice 58 an owner driver from Buffalo Cilmour was reportedly beaten because he refused to go along with the alleged fix and won the race After the incident Cilmour was reportedly denied stall space at Yonkers for 70 racing nights Cilmour was indicted by the grand jury on charges of Ring about the bating Radice was also charged with perjury in connection with tire beating alleged assailant John Malizia 43 of Wcstbury was indicated on assault charges Others indicted on perjury charges were driver Robert Shut-tkworth 3 of vYcstburv Thomas McCicnthan 32 of Mount Vernon NY who frequents racetracks and driver Willard Schilff 26 of Kpnmore NY Driver Forrest Ccny Jr was indicted on charges of criminal contempt for failing to appear before the jury Dominick Santaro 45 of Hempstead described as an associate of underworld figures was indicted on charges of attempting to drug a horse All eight are free in bail or their own custody awaiting trial in Nassau County Court spiracy among the five to lie The district attorney said that the nrry of the lack of cooperation by witnesses had attorney said that the jury because failed to uncover enough evidence to merit an indictment specifically in connection with race fixing The jury's investigation centered on reports that the fourth race run at Roosevelt on Jan 22 1966 was fixed Referring to the alleged race-fixing Cahn said: investigation is now completed and there is no evidence upon which the grand jury can return further lie said however that if new evidence came to light the jury would reopen the States Green Rubbing Off on Llers Thumbs By Si Radiloff and Ronald I lowortb Mineola Long Island may have parasites in its potato patches duck waste in its waters and crabgrass in its lawns but somehow it has become a great place for homegrown lottery winners Samuel Michelson Long Island district supervisor for the State Department of Taxation and Finance described the local hick yesterday his buttons fairlv bursting with pride He said that Long Island sold only about 10 per cent or the lottery tickets sold throughout the state in July but Long Islanders took away 25 per cent of the month's prizes looks like we have the place to make the w-innings right here on Long Michelson sard course we control the he confided it looks like we have a lucky He admitted however that the percentages favored Long Islanders a bit Of $l23709 in total prize money Long Island winners received $316800 But two of those winners got $100000 prizes A total of 390990 of the $1 tickets were sold on the Island in July Statewide Clergymen Can't Get Insurers' Blessings sales for the month were a disappointing $4125693 Michelson is hoping that good fortune will hold for Long Island next week when possible winners of the August lottery will be drawn he said "maybe it'll be that way Sales figures for August have been unofficially estimated at about the same as June the first month of the lottery when they were $6400000 About 500000 tickets were sold on Long Island then Albany tax officials have switched their sales pitch from a do-good appeal to help education because a percentage of the proceeds go for statewide and local school costs Now appealing to greed they were scheduled to send a bevy of beautiful girls clad in miniskirts to meet Mayor IJndsay at New York City Ilall today which he will declare Official Lottery Day Hie girls will then fan out throughout the city riding in open convertibles to peddle the get-rich-quick lottery line Of course the miniskirted and convertibles are a fine way to sell just about anything including tne lottery but the state might take note of the Long Island luck and crank out a new pitch Something simple and direct like winner move to Long Washington (UPI) Clergymen are bad auto insurance risks because they tend to drive with the attitude that Lord will Doctors are no better because "there is a possibility they may use their cars in Then there are Navy gunners mates funeral directors and difficult to defend due to local All of these job ca'egories are less-than-normal risks according to guidelines laid down to underwriting agents by 23 of the auto insurance companies Information from the Senate antitrust and monopoly subcommittee shows that auto insurance firms keep a wide variety of customers on their restricted list For Continental-National Chicago says that clergymen and doctors have the poor-est driving records because perhaps appear to drive when preoccupied with The Keystone Insurance Croup of Philadelphia will not allow its agents to write a binding policy on funeral cars Hie application must first get the approval of tne underwriting department the file showed Hie auto industry is under close scrutiny bv Congress on its rate-making policies The House Judiciary's anitrust subcommittee is making a staff study to see if hearings should oe held and the Saute Commerce Committee has asked the Department of Transportation to study the industry' example Liberty Mutual of Boston cites as a questionable risk working on mass production assembly State Farm of Bloomington III Libels as ineligible anyone who has anything to do with liauor and that includes retailers wholesalers and bartenders Criterion Insurance Co of Washington has a blanket order that owners of Mustang sports cars be rejected the applicant is married and has his wife with Criterion also has a special note without elaboration which says: from India are not The Hanover insurance group New York tells its agents that certain occupations should be or selected with and that this includes sheriffs athletes beauty shop operators 1 i Nevsday.

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Pages Available:
3,913,018
Years Available:
1945-2008