The sun. [volume] (New York [N.Y.]) 1833-1916, 1913-03-18

has amounted To- several millions.
London PnnL started Iuuuir,.
Dn "Wednesday last the rank of West
m.irstcr. III London, refused payment ut
a ctcdi, for <i0.0o0 and sent word To t1at
effect to tho Bank of Manhattan. Philip
Musica was sent for and was asked
about II.
There must hc some misundcrstand-
ing" ho said "and until II can hr cor
iccted III give you Chcck Tor Sao,OoV.
lie did Ho and the Bank uf Manhattan
officials believed the action Of the Brit
iSh bank had been du" to some ClcriCa,
error.
i;ut the Bank Of Manhattan thought
II might hnd that other banks over
the world might also refuse payment
Oh the hair company credits. So an in
Vcstigation was ordered Then came
Il query as to tho credits oc the com
pany from the Bank of Montreal This
hastcnrd tho Investigation.
"Taorc Ia nu need 10 h, worried over
t'iis' said Phillip Musica. 'It Is OBJ
,iuiISlv Il mistake hut Just to allay any
suspicion the banks may have I'll give
you 5000. 900 worth or hair as collateral"
hnd IL" gave thcm bills "f lading for
consisnmcus waiting to bc shipped on
tn" tabri Line t. Naples. Tnis was
on Thursday last.
Nutcd uu the bills were figures sup
posed to show the cubic feet Of the
cases. The banks lawyers noticed that
these did not correspond with tho cubic
feet a. given in the bills OF ladinr. \
representative was sent To the Fahri
.in" dock and many cases were opened
Instead of the cases being 200 pounds
aud containing between Sl,I0O and
$500 worth Of human hair each many
~ them weighed onl" twenty pounds
and contained only what is known as
hair rubbish. which has no value.
Wen the banks attorneys learned
This they tried to locate the Musicas.
l'hilip MuSiCa was not at the Hotel
l\nickcrbockcr. nor has h" been sccn
t,cro since. The father, two other sons
and the two daughters lcf, tdctr home
IN Bay Ridge ON Thursday night and
the carCtaliCr had not seen them since.
That afternoon the matter was put into
i've hands of the Burns agency. The
detectives have not been able to Nnd
hny Of the S632 900 worth Of hair that
Was turned over to the United states
Hair Company when the MuSicas in
,orporatcd IT, Nnr has any large bank
account been found.
Tho Rank of Westminster has writ
ten to New York banks Explaining just
what happened To cause them I" sus-
poet tho Muscas' credits, hut III" letter
has not arrived vet, and the English
bank refused To cable details.
Can't Figure Out Loss Yet.
mo one can toll just how much will
M lost. nor upon whom tho loss will
fall" said MIR Rushmorc Yesterday. "lt
may be that hundreds of cases
of hair rubbish. billed as good hair.
arc now in transit and that drafts
hascd on their value have been
discounted by tho Musicas. The
drafts that are in transit arc all
apparently secured hv merchandise.
Mrsica sold his drafts not only to tho
iisnk of Manhattan, hui also 10 the
\nslo- South American Bank and the
Bank Of Montreal"
Mr.. Burns does not believe tho
MusicaS have left tho country as yet.
Mrs. Musica. wife of Antonin, is now
in Maple None Of the children is
married.
\ report that a bank in Manhattan
stood 10 losa s;0c 1000 and that ono IN
Montreal might lose 100000 was carried
/" Mr.. Rushmorc last night. He said
matters w"r" 50 much Cntanglcd now
that it is impossible to toll, hut that he
believed reports We're Exaggerated.
Cnuscd scandal on Curb.
Tho affairs nf IN" nitsd States Hair
Company On tho curb market created a
,candal recently and it is said that a
momher If the Stock Exchange may
loso his scat for his part in II. The
stock about four weeks ago was bid up
from low figure to los, a fraction
'bovc par. Sales Of six or seven thou
sand shares were reported when sud
denlr it slumped to =. It seems that
- posscssor who held 10. 0o0 shares gave
he block To a Stock Exchange broker
whose name H. known. and the Stock
Exchange house had given the block
to two curb brokers with instructions
io wash" stock as high as they could
Tho man who owned the stock de-
manded II back while bidding was high
and the Stock Exchange house had 70
buy 10000 shares in the open market
The Stock Exchange house has since
changed its name.
Philip Musica. when seen at that
lllll' dUtul llt WdsllIG ol His
stock, said he hadn't known anything
about II, lie said business was fine
md that his stock was worth at least 5
This company controls II per cent
"f tho mportations of hair he added
attachment for sI3t,0sT.
Supreme Court JuStic" Davis granted
an attachment yesterday against the
property of Antonio and Philip Musica
FOR sl34.6s1 in "A suit brought 10y the
.,rcln- South American Bank. Tho at
taChm"nt was sent to the Sheriff to be
""rvcd on property in the office of the
MuSiCas on in any banks.
TIL. atta"hmcnt was issued on the
petition Of Henry Mackenzie, agent for
tho bank, who said that on February
IS he bought eight drafts from the firm
all payable IN London. and that payment
WAS refused
\ l;urns detective who has been
hunting for Antonio and Philip MusiCa
inc" l'rdH" said that at the Hotel
i>niclcrhOckrr il was learned that Philip
Nusi"a gave up his room a week ago
last SUNDAY, aud on Thursday night
last n man named Hoist had been sent
here To gct Philips effects Hoist
checked 1t South and accompanied 1t
as far as Newark At least
Philip Pupura, - clerk for the Mu-
Sicas, said h" accompanied MuSica and