Word: auction
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...wools stored in U.S. warehouses. Despite the suggestion of some of the more feverish U.S. woolgrowers that the enormous stock be tossed into the sea in a modern version of the Boston Tea Party the liquidation was conducted along orthodox lines. With great dignity N.W.M.C. held a two-day auction in Boston, sold 23 million Ib. of wool at prices below the cost of homegrown wools. In Salt Lake City, the National Wool Growers Association was grimly mum. In San Antonio, the Texas Sheep and Goat Raisers Association bleated: "The trade is taking these wools in preference to ours...
Misenhimer. In Fort Smith, Ark., at an auction where liquor went with purchases of war bonds. Prohibitionist R. F. Misenhimer applied his belief that an empty bottle is better than a full one, poured out a quart of Old Taylor, sold the dead man for $100. A few minutes later a full quart brought...
Last week, weather-beaten, rawboned ranchers and plumpish, pale-faced fur buyers jampacked a downtown Manhattan show room to find the answer at the first auction of the new fur. After two tense hours, the answer was in. The new fur (trade name "Silverblu" platinum) had edged out Russian sable to become, for the nonce, the rarest, highest-priced fur in the world. The 2,500 pelts at auction had sold for $375,000. Cost of a silverblu coat...
...industry, now booming as seldom before, the prime significance of the auction was its evidence that the use of genetics to produce mink mutations had opened up a new and fantastically profitable line of business...
...them up again. Now they are bumping against OPA ceilings. Thus, with dark mink pelts selling up to $35, 50-60% higher than a year ago, platinum fox at $270, all other furs up from 25% to 100%, the furriers' problem is not price but supply. Many an auction has been delayed recently for lack of furs to sell. Last week OPA gave furriers another pat on the pocketbook: it abolished price ceilings on fur coats costing over...