Word: auctioning
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Dates: during 1940-1949
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Tops in both prestige and sales from 1883 to 1939 was the American Art Association-Anderson Galleries, which auctioned over $160,000,000 worth of art. Every big U. S. art fancier knew its dignified building on Manhattan's esthetic 57th Street, its shrewdly-lit, velvet-draped auction stage. But spooks lurked behind that arras. Last summer the American Art Association-Anderson Galleries folded up for nonpayment of debts (TIME, Aug. 21). Last week its two partners gave Manhattan its best mystery story since Drug Dealer Frank Donald Coster (TIME. Dec. 19, 1938, et seq.). Tabloids christened...
...appeal of curly-haired Mayor Kelly of Chicago, who spoke of the city's 27 railroads, its newspapers, the reasonableness of its hotel accommodation, and who said that, while Chicago would meet any reasonable figure, "we in Chicago are not here to be put on the auction block...
...railroad (by mileage). Last month Alleghany Corp. (now controlled by Glass-Jar Tycoon George Alexander Ball) sold out 150,000 shares of O. P.'s preferred stock to establish a tax loss. They had cost an average of $104 a share. They sold at auction for less than...
Meanwhile, auction houses sprang up at every corner. Farmers refused to sell their produce for such dubious exchange, traded milk, eggs, potatoes for pianos and fur coats. Dentists hoarded gold; china, rugs, pictures, electrical equipment, furniture were at a premium as Germans tried to put all their available cash in goods of intrinsic value. A nation's economic life disintegrated because its money went...
...Sold at auction were the office property and personal belongings of Sing Sing Convict No. 94,835 (ex-Broker Richard Whitney). Items: a $50 custom-made office wastebasket, $2; an L. C. Smith typewriter, $27.50 (sold to the secretary who once used it); pearl studs, $100; office carpet, $46. Total proceeds...