Word: auction
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Still, dispirited ranchers continue bringing their cattle to auction each week. As Ron Nelson, a cattleman up from Iowa to look over the South Dakota stock, observed recently in Miller, "If this were the first year of the drought, a lot of these boys would take a loan, buy some hay and hold on. But it's been too bad, too long...
Gentlemanly and discreet, with faces like silver teapots, the better art dealers and auctioneers around London's Bond Street have long maintained their immunity from the scandals of the art world. Circumspection is the motto, coupled with a standing policy-among members of the British Antique Dealers Association-to refund the price of any fake. Therefore, when the biggest art forgery scandal in years came to a head in London last fortnight, the embarrassment was acute. At a press conference, a rubicund, white-bearded cockney painter and restorer named Tom Keating, 59, revealed that over the past 25 years...
...Shoreham watercolors, oils and drawings; Keating made 80 more-mainly by copying details of Palmers and cobbling them together. The first such "Palmer" was sold to a British museum by Colnaghi's, a major Bond Street dealer, in 1965. In 1969 another "Palmer," titled Sepham Barn, went at auction to the Leger Galleries for ?9,400 ($22,560), a sum that staggered Keating and enabled him and his lover, Jane Kelly, the 23-year-old daughter of a retired British army major, to spend a year in the Canary Islands. Jane Kelly sold four "Palmers" to Leger Galleries, claiming...
...Karl Parker, who pronounced Sepham Barn a fake. When The Horse Chestnut Tree appeared in Sotheby's, one of its former consultants, David Gould, wrote to Chairman Peter Wilson expressing doubts about it. But the scandal was finally exposed when Geraldine Norman, the London Times's auction-room correspondent, tracked Keating to his lonely cottage in Dedham. "I have so much contempt for the dealers who prostitute the art of genuine painters," Keating announced, "that I was willing to sell them any old rubbish...
...about $7.50 per bbl. (compared with the current world price of about $13) only in small annual jumps. Critics charge that this pace is too sedate to discourage consumption or spur production significantly, considering the enormous costs and risks involved. A current example: last week, in the first auction of East Coast offshore drilling rights, oil companies bid $1.14 billion for leases on 154 undersea tracts off New Jersey and New York from which oil will not begin flowing-if indeed much is found-until...