AMERICAN CABLE NEWS.

Hokitika Guardian, 15 March 1926, Page 3

AMERICAN CABLE NEWS.

(Australian A- 77. Z. Cable Association.] ROBBERIES IN U.S.A. RISKS HARD TO PLAC E. NEW YORK, March LI. While the .Metropolitan Retail Jewellers’ Association announced that tho plate and retail jewellorlv stores would close for one day as a protest against the inadequate police protection, demanding the increasing of the force by twenty-live thousand, one ol tho most sensational diamond burglaries occurred at tho busiest street corner. Five armed men robbed a jeweller and escaped with one hundred thousand dollars "worth ot gems.

The unending increase of banditry has resulted in the announcement that the National Bureau of Casuality and Surety will increase by fifteen per cent their rate for .burglary insurance on residences and hotels bringing the figures iu some instances to nearly four cents on the dollar. It is pointed out that even with the increased rates brokers have lound it (liflic-tilt to place risks since companies are accepting only a limited number. The insurance men say little loot is being recovered, because the thieves are disposing ot their goods through fences and not pawn shops. SIX DAYS BICYCLE RACE. NEW YORK, March 14. Reggio AlucXamnra. ol Newarak, and Franco Georgetti. of Italy, won the six days' biclcle race which ended on Saturdav night, by two laps. Cecil Walker' and Alex Alcßeath (Australia) wc-re fourth.