Holdup Among Biggest:
$50,000 Wiss Diamond Haul Ranks Theft With Taylor Co. Robbery of 29 Years Ago

The Newark Sunday News, February 28, 1954

1954-02-28 50000 Holdup Among Biggest

The holdup yesterday at Wiss Sons, Inc. store at 665 Broad street tied for first place for the city's biggest jewelry holdup it matched the $50,000 holdup 29 years ago of the William H. Taylor Co. jewelry plant in Orchard street.

The next largest jewelry holdup was in April, 1930, when jewelry valued at $30,000 was taken by a "two-gun" bandit at the factory or Ziething & Co. at 68 Orchard street. In July, 1932, two armed bandits held up the jewelry store and offices of Joseph M. Reicher in the second floor of the Ordway Building at 207 Market street and took diamonds and jewelry valued at $15,000.

Newark's largest armed robbery was the 1925 holdup of a Hahne & Co. truck for $65,000, of which $40,000 was in cash. The truck was carrying receipts to a bank. Other notable holdups include the $38,000 robbery of a messenger for P. Ballantine & Sons, brewers in November, 1935, and the $10,979 payroll holdup of Linde-Griffith Construction Co. of 152 Passaic avenue.

With few exceptions the major holdups have been daylight operations. This is because bandits prefer to do business when safes and vaults are already unlocked and more easily emptied.