European Stars and Stripes (Newspaper) - October 01, 1977, Darmstadt, Hesse                                Saturday october 1, 1977 the stars and stripes Page 27 Gem slaying witness gets bail new York a a slain Diamond broker missing for several Days with up to $1 million Worth of gems was buried thursday while a colleague held As a material witness in the Case won his release on $75,000 bail. Shlomo Tal 31, a Diamond Cutter an business associate of the victim promised to surrender his passport and neither flee the country nor leave the state. He claims to have witnessed the killing and says he conducted business As usual out of his office in Manhattan s teeming Diamond Center largest Gem Mart in the world with the body of Pinchos Jaros Lawicz 25, stuffed into a wooden Box under a work Bench. Police have quoted Tal As saying he was afraid to report the killing. After being missing himself since sunday Tal was found sleeping in his wife s Auto wednes Day and taken into custody. He says the same two men who killed Jaroslawicz returned later and abducted him but let him go. The gems Jaroslawicz were carrying Are still missing. A grand jury reportedly has been empanelled to look into the slaying. More than 1,000 orthodox jews filled the streets from sidewalk to sidewalk As they followed Jaroslawicz coffin through Brooklyn after a Brief funeral service. The men wore traditional Black hats and Long Black Coats. The funeral and graveside ritual were abbreviated because of Succoth the an Nual eight Day jewish Harvest festival now under Way. Ussling broke out in front of the funeral Home when the ranks of mourners were surrounded by massed newspaper and Tele vision cameraman striving for a shot of the coffin. State supreme court Justice Harold Rothwax ordered Tal released on $75,000 bail on agreement Between Tal s attorney Steven Hyman and the Manhattan District attorney s office. Hyman said bail would be met by putting up Tal s $75,000 Long is land Home and other assets As collateral. It was stipulated that Tal would submit to Security measures for his own safety. We Are still ready to cooperate added Hyman who said Tal would be available for further questioning in the Case. Tal said nothing during the Brief court appearance. A compact 5-feet-7, he was said by acquaintances to have served As a commando in the Israel armed forces. When newsmen approached his wife who was in the courtroom she said she had been directed by a lawyer not to Dis cuss the Case. Like other Well regarded brokers Jaros Lawicz was trusted to take jewels out with out any Deposit and without any written re Cord of the transaction. When he sold the diamonds he would return the Money minus his commission. If no buyer could be found he would return the diamonds to the  was on such a sales Mission that Jaroslawitz was embarked about 5 30  20, when he was last seen outside Tomahawk missile has 3rd failure Washington up the defense department Thurso a announced the third test failure in 23 flights of the Navy s Tomahawk cruise missile. It said preliminary indications were that the problem was located in the torpedo tube mechanism used in the underwater firing and not in the missile itself. The Navy said the missile did not leave the tube fast enough to touch off a rocket Booster that was supposed to propel it above the surface of the water where the missile s own Jet engine had been programmed to take Over for the test flight near san Clemente Island off the California coast. Besides the sub launched missile there is also an air launched version of the Tomahawk under development. The administration is counting on one or the other to replace the by bomber cancelled by president Carter in . Strategic de lenses. This test failure is not expected to have a significant Impact on either the completion of the test program or in terms of meeting the original initial operating capability of 1980," the defense department said. In addition to the three failures so far the Pentagon lists an additional two Toma Hawk flights that Are regarded As Only partial  officials said they consider that the Overall test program has achieved a High degree of Success for a missile under development. Panel oks raising debt Washington a the Senate finance committee approved legislation raising the limit of the National debt to $754 billion through next april 30. The House voted for a $773 billion limit through sept. 30, 1978, which was $10 Bil lion less than the Carter administration recommended. Stocks closing . Stock Price through the Courtesy of ache Halsey Stuart inc. 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Then a Small plastic bag was tied Over his head suffocating him. The death certificate listed the cause of death As suffocation. Deputy chief medical Gold hits 2-year High examiner Yong Myun rho said that wit medical attention Jaroslawicz would have survived the head , an affidavit presented in court by assistant dist. Atty. Peter Stevens said the death was believed caused by blows Over the right Eye and the Back of the head. Dollar slump dramatic on european markets London a the . Dollar slumped dramatically against european currencies Friday while Gold hit its highest London closing Price in More than two years. Dealers said official . Statements about the continued . Trade deficit and the Sharp Rise of the japanese yen caused the decline of the Dollar. The Dollar went Down All Over Europe in Active trading said a Paris foreign Exchange dealer. Dollars were being sold against All other major currencies. It closed in Frankfurt at 2.3062 Marks against thursday s 2.3210 Market experts said Many people were getting rid of Dollar holdings and buying Gold because they were worried by the weakening value of the . Currency. The Dollar has been hit recently by Dis appointment Over . Economic perform Ance and Gold is a traditional Refuge in times of economic confusion. The yellow Metal closed in London at $154.45 an ounce its highest closing Price Here since aug. 1, 1975, when it stood at $155.50. On thursday it closed at $152.85. In Zurich Europe s other major Bullion Center Gold closed at $154.37 Friday against $153.12. The Dollar s most notable slide has been against the Strong Swiss franc. At one time Friday the Dollar dropped in Zurich to a new All time Low against of 2.3352 francs. But it recovered to close at 2.3445 francs against a closing Price thurs Day of 2.3413, its previous All time Low. Dealers said the recovery was the result of intervention by the Swiss National Bank and profit taking. In London the British Pound ended the Day at its highest Point against the Dollar in More than a year closing at $1.7476. The last time it was this High was sept. 13 last year when it closed at $1.7485. It closed thursday at $1.7449. Speculation originating in Washington that Britain May allow the Pound to Rise begin enters Hospital Tel Aviv a prime minister men ahem begin feeling weak after two Days of heavy work entered the Hospital Friday and is in Good condition his physician . Shlomo Laniado who treated begin after his heart attack last Spring said the 64-year-old prime minister had a very rough two Days and Felt weak Friday after spending too much time in the 84-de Gree Sun seeing off the visiting panamanian head of government Gen. Omar Torrijos  did t have any pains but he did t feel Well heart specialist Laniado said. After consulting with another physician begin entered Echilov Hospital in Tel Aviv Friday afternoon. He said begin would stay in the Hospital until Early next week resting and under going some routine tests which had been scheduled earlier to be administered next week. Sharply against the Dollar helped launch a Boom in British government securities. Stockbroker Andrew Rutherford said very considerable foreign purchases of the securities came mainly from the United states Europe and Japan. At present the Pound is pegged to the Dollar. This Means that the Bank of eng land Sells pounds and buys dollars on the foreign Exchange Market to keep the Par Ity Between the two currencies relatively steady. In Paris the Dollar dipped to its lowest level in five weeks against the French franc. It closed at 4.8881 francs against4.9145 thursday. This is How the Dollar closed elsewhere in Europe Friday with thursday s closing prices in brackets Milan 882.30 italian lire 883.15 Amsterdam 2.4565 dutch guilders 2.4685. Ford workers in . Reject pay hike offer London a workers at the Ford motor co. Ltd. Friday rejected a pay hike offer in excess of British government pay curbs reviving a labor Union Challenge to the government s controversial counter inflation policy. Ford s British subsidiary offered 57,000 hourly paid workers raises of Between 10 and 12.6 per cent above the government s counter inflationary limit of 10 per cent. The workers charged the proposed hike was too Small. Unions warned Ford s failure to improve the offer and further undermine govern ment policy could Lead to serious confrontation and disillusionment. While the government policy is not legally binding prime minister James Call aghan s labor government has said that economic recovery is not possible without  Ford move reflects continuing Union opposition to the pay curbs that some Industrial commentators have predicted could mean serious trouble for the govern ment in its Battle to get Britain s Economy Back on its feet. The Ford offer would have increased most production worker s weekly pay from $124.25 to $136.80. For skilled workers the weekly increase would have been from 138.83 to 156.22. Factory owner arrested Bangkok a thai police arrested a factory owner for employing 33 children five to 16 years old. They were employed under what were described As slave labor conditions. Conversion rate the Sale of German Marks to . Personnel for personal use will be at the rate of 2.29 on monday