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Word: auction (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Usage:

...excitement of the current paper chase. Behind the talk of versos and rectos is the awareness that big money is moving into the market. Disenchanted with stocks, wealthy investors have sought to beat inflation with old books. Connecticut Businessman Jonathan Goodwin, whose books were sold at the record-breaking auction, at least tripled his investment...

Author: /time Magazine | Title: Books: The New Literary Appreciation | 4/25/1977 | See Source »

...flight. Land that was selling for $600 or $700 a year ago is now carrying price tags of $5,000 an acre and up (to a high of $25,000 an acre). William O. Cochran, a farmer who moved with his family to Plains three years ago, attempted to auction off publicly his 1,056 acres after an expensive publicity buildup. Cochran received a high bid of $1.2 million, but mysteriously refused...

Author: /time Magazine | Title: AMERICAN SCENE: Say Goodbye to Poor Plains | 4/4/1977 | See Source »

...trawler Shanty Girl in New Bedford, Mass. In eleven days on Georges Bank, off the New England coast, Boucher and his crew of five had netted 45,000 Ibs. of fish, including 30,000 lbs. of yellowtail flounder, which they sold for $28,000 in the red brick auction house at the foot of the pier...

Author: /time Magazine | Title: THE SEA: Net Gain Along the Shores | 3/14/1977 | See Source »

...they would never have bought if they had to pay cash. Explains Madi Ferencz, a senior product manager for Colgate-Palmolive Co. in New York: "Knowing I can charge an item, I say, 'Oh well, the bill will not be corning in for another month.' " At one auction, Ferencz dipped into her bank line of credit to make the winning bid of $500 for a Persian rug. "I wasn't planning on buying a rug, but this one came up at a fantastic price." A walletful of credit cards also makes many a consumer feel like...

Author: /time Magazine | Title: Business: MERCHANTS OF DEBT | 2/28/1977 | See Source »

...even sue fathers who ignore the dowry obligation. The woman retains ownership of her dowry-but the husband has all the rights to its use. In the words of one feminist critic, he "spends, invests, does with the interest as he pleases. The dowry puts the woman on the auction block." On the other hand, it can also provide a beleaguered wife with some measure of leverage in her marriage, since she gets back the original stake in the event of a divorce...

Author: /time Magazine | Title: GREECE: Should Men Be Bought? | 1/17/1977 | See Source »

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