Word: hiram
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Methodist Parson Hiram Milo Frakes had ridden his pony into the patch of Kentucky wilderness cut off by Big Pine and Little Log Mountains to bring religion and book learning to the dirt-poor, illiterate mountaineers. When Scott Partin found that out, he gave the parson some land to start building his school and church on. Bill Henderson was another Kentuckian who helped. He chipped in a 65-acre farm because "he'd rather his children would have an education than to have the farm." Before he could see the settlement that Parson Frakes made of his land, Bill...
...house has 89 partners. Its downtown Manhattan office is so big that back-row customers' men use binoculars to read the tiny stock-price figures on the automatic electric board. The overhead on this and 99 other offices across the U.S. is so big, laments Managing Partner Winthrop Hiram Smith, that "it costs us $70,000 a day just to open the doors." Last week, Merrill Lynch reported that not enough business came through those doors in 1949. Profits dropped to $2.3 million, down 36% from 1948, and the partners got an average of only $14,364 apiece after...
Diamond Jim's Gems. Fortnight ago, Hiram Parke popped champagne for a housewarming in the galleries' new $1,500,000 home, a squat, block-long modern building on upper Madison Avenue, 20 blocks away from his old store adjoining 57th Street's famed antique shops. Over the galleries' door, to symbolize art and industry, is a 14-by-10-foot sculpture of Venus and Manhattan, a reclining male. (Because Venus' bosom protrudes more than the permissible 18 inches over the sidewalk, Parke-Bernet pays $25 a year to the city for the privilege...
...Hiram Parke's party were such art patrons as Gypsy Rose Lee, Actress Madeleine Carroll, and International Business Machines' Chairman Thomas J. Watson. Last week many of the guests returned for the first sale in Parke-Bernet's new auction room (seating capacity 600). Up on the stage went 61 paintings by Rubens, Romney, Hobbema and others; when the hammer fell on the last of them, a total of $46,690 had been paid out. On succeeding days there were sales of jewelry once worn by James B. ("Diamond Jim") Brady, paintings and sculpture collected by Cinema...
Gettysburg & Gainsborough. Though Hiram Parke now does little auctioneering himself, he still has a quick eye for the furtive lapel-clutching, pamphlet-waving, nose-pulling signals that can mean a bid. And he has not lost the ability to keep bidding at the fever pitch that he first showed more than 50 years ago in his first auction, when he sold a $20 gold piece for $100. In his galleries the hammer has swung on such fabled items as the fifth and final manuscript of the Gettysburg Address ($54,000), the Bay Psalm Book, first book published...