Word: auction
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Cheaper at Auction. The interest declines were small but widespread. Rates on bankers' acceptances-corporate promissory notes issued to finance goods in transit or storage with payment guaranteed by a bank-fell by ¼% to 8%. In the bond market, Treasury bills sold at an average 6.86%, down from a peak of 7.22% last month. Pacific Northwest Bell Telephone sold $75 million in debentures at 7¾% compared with a 7.9% rate on the last Bell System bond offering in July...
...bidding at Christie's auction house in London started at $250,000 and went up by $50,000 leaps. Finally, the auctioneer called "Sold!" For $1,159,200, Los Angeles Industrialist and Art Collector Norton Simon had acquired a self-portrait made when Rembrandt Harmensz van Rijn was in his early 30s. Steep though it was, the price was a record for neither Rembrandt nor Norton Simon. The collector has already spent $2,200,000 for a portrait of the artist's son and an un disclosed sum for one of Rembrandt's common-law wife. Said...
...other nationalist army officers and businessmen, Velasco asserted that I.P.C. owes Peru $690.5 million for all the oil that it has pumped from Peruvian soil. To recover at least a part of that sum, representing I.P.C.'s entire gross sales for the past 44 years, Velasco plans to auction off the company's properties within the next 40 days...
Diorita C. Fletcher '71, president of East House, said that the raffle would take place as scheduled tonight. "The raffle is intended only as fun and good humor, not as a white slave auction," Miss Fletcher said...
...considered only a strategic reserve. Farther south at Cook Inlet, working wells produce 195,000 bbl. daily and have made Alaska the U.S.'s eighth largest oil-producing state. Three years ago. with U.S. consumption increasing and reserves decreasing, oilmen decided to take advantage of a state auction of North Slope oil leases. Companies like Sinclair, British Petroleum, Union Oil and Atlantic-Richfield spudded about 30 wells and came up with nothing worthwhile. Then, after drilling through the permafrost to 9,500 ft., a consortium of Atlantic-Richfield and Humble Oil last spring brought in a well named Prudhoe...