MUSICAS' PROFITS; Illicit Earnings Over 10 Years Put at $3,000,000--Only a Little of That Left Now SEC Official Sees 'Ballyhoo Over Nothing'-Suicide Note Was Left by Coster Heavy Loss in Market Crash Ridicules Arms Deal Suicide Note Reported MUSICAS' PROFITS LONG DISSIPATED Says Arms Were for Chlang McMahon Silent on Subject Michaels Elected President
Fed investigating agencies find Musicas' profits mostly gone; 10 yrs' gains set at $3,000,000; SEC official ridicules arms deal; believes crude drug assets never existed; suicide note reptd left by Coster; Fed investigators question bros; War Dept denies possibility of arms deal; T A Bruni testifies on why arms deal fell through; Fed Govt arrests B Simon for conspiring against Govt; Fed atty positive on alcohol traffic; Govt stops alcohol withdrawals by co; co dirs testify at N Y S Fraud Bur hearing; Michaels elected co pres; SEC considers Price, Waterhouse & Co audits to be important inquiry point; Postmaster Farley explains why name was in log of Coster's yacht