Word: auction
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Dates: during 1950-1959
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...Manhattan's big Lawyers Mortgage & Title Co., thought there ought to be a better way. In 1952 he opened a mortgage exchange where buyers and sellers could be brought together for private negotiations, but it soon died out. Last week he tried something new: a mortgage auction...
...Year Dream. To Post Chairman Meyer, the T-H was well worth the $8,500,000* because it gave his Post "a strong economic position." Meyer, who originally bought the Post at auction in 1933 for $825,000, has had trouble building it up. It made money during World War II, then started to lose again. But under Phil Graham, the paper's operating chief since 1946, the Post has pulled out of the deep red, made a profit in 1952 and doubled it last year...
...money will go to the Radcliffe Grant-in-Aid fund, which makes outright grants to students whose extracurricular activities prevent them from taking outside jobs. The grants are made regardless of grades. An additional $250 was added to the fund from the fall Grant-in-Aid auction...
...Bright Sands is studded with set pieces that will tickle all but misanthropes: Captain Cobb's annual auction of stolen articles, his drunken acceptance of the prize for the season's largest striped bass (illegitimately come by), his bogus historical lecture inspired by the finding of a complete skeleton. But Author Taylor's affection for Cape Cod and its people sometimes transcends comic writing, and his description of an offshore rescue by the local Coast Guard men during a hurricane is a model of exact reporting. The Bright Sands takes few fictional liberties with its natural setting...
...Harvard National Scholarships, the scholarship stipend, once merely the difference between resources and expenses, became a bid for talent as college administrators started competing for future "Who's Who" candidates. Financial need became secondary during an abusive competition for future success. Like middle aged ladies at an auction, the schools matched bid against bid for promising prizes. Highly sought high school seniors could almost sit back and take their choice of the bids, while needier classmates, also college material, had all too often to be content with an acceptance but no stipend from a college which had already exhausted...