ORANGE, CA.- Exquisite antiques, fine furniture and objets dart from several southern California estates will merge with the final offering of Continental furniture and decorations from the Steven Thomas antiques firm at Don Presleys June 25-26 auction. In addition, the 1,100-lot sale will shine a spotlight on two technological inventions that dramatically impacted American pop culture the original machines created to produce canned laughter and audience applause for Hollywoods booming television industry of the 1950s. The sales principal estate collection comes from a magnificent home in Belmont Heights, an oceanfront enclave in Long Beach, California. Auctioneer Presley explained that the owner has sold his residence and is relocating to his country property a 500-acre ranch in Santa Barbara where he raises rare Peruvian horses. Towering over the featured collection