A New Jersey senator trying to find an explanation for unusual allocations on a 1992 agency issue has stepped up the pressure, and this week threatened to seek subpoena power if necessary to get his questions answered.

For the, past several weeks, Sen. Robert E. Littell, R-Sussex, has been asking those involved in a 1992 bond sale by the New Jersey Housing and Mortgage Figance Agency to explain why Cypress Securities, a small New Jersey-based firm, received more than $100,000 in profits on the deal even though it did not sell any bonds.

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