Word: auction
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...immunity for municipalities, too. But Massachusetts has retained it, and at the time of Bridget Neville's accident the city provided only $15,000 worth of maximum liability coverage for each of its police officers. So O'Brien, 65 and recently retired, was threatened with the possible auction of his sole significant asset-an unmortgaged $18,700 house-in order to help pay for the court judgment. That prospect prompted Boston police to issue a counterthreat, vowing to refuse to drive squad cars citywide unless public funds were used to pay O'Brien's debt...
...shares jump 69% since January, though profits are down from 1976 Two cash-rich companies, United Technologies Corp. of Hartford and J. Ray McDermott & Co., Inc. of New Orleans, have been bidding for B & W shares as feverishly as well-heeled Texas art fanciers at a Sotheby's auction. The bidding started at $42 per share offered by United in March, and spiraled up until last week United was offering $58.50 and McDermott $62.50. At that point, United Chairman Harry Gray, a shrewd takeover dealer, decided "it wasn't in the interest of our shareholders...
...outlets that are not conventionally thought of as investments: gems, rare stamps and coins, furniture, even whisky bottles. Max Martin, an insurance salesman in San Rafael, Calif, got out of the market in 1973 and into diamonds. Says Keith Harmer, vice president of H.R. Harmer Inc., an international stamp auction house: "Starting about five years ago, people began spending big money on stamps $20,000 to $25,000. They'd sell their stocks, but keep their bonds." One handicap to both investments: retailers can place such a high markup on both diamonds and stamps that the buyer...
Moreover, under Witteveen's direction, the IMF is selling 25 million oz. of its gold at public auction, with the profits earmarked for dispersal to underdeveloped states. (The gold was part of the entry subscription demanded of IMF members, who are assessed roughly on the basis of their gross national product and balance of payments accounts...
...aspiring-and perspiring -Ulysses, clad in bright gold-fabric armor. Would-be Legionnaires-all male -captained chariots crafted from barrels and aluminum sheeting, drawn by teams of giggling girls. Chauvinistic? Perhaps, but the girls didn't mind. Nor did they balk at a slave auction, in which the prettiest sold for up to $50 in aid of a book fund. Successful bidders got a coed for the day to rub their backs, feed them grapes at a Roman banquet that night-and do whatever else that might pass by the watchful chaperones...