Word: auction
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Last August the Shipping Board put on the auction block its two best Atlantic properties-the U. S. Lines and the American Merchant Line. The bids submitted were announced last month. High bidder was Paul Wadsworth Chapman of Manhattan, a daring and potent bond, real estate, public utility and air transport man. He offered: $13,782,000 for the six U. S. Liners (Leviathan, George Washington, President Harding, President Roosevelt, America, Republic); $2,300,000 for the five "Americans" (Banker, Farmer, Merchant, Shipper, Trader); $218,000 for pier leaseholds and sundries-total...
...over the Gulf of Mexico blazed the sun. A small white boat, one-masted, drifted into the tidy harbor of Tarpon Springs, Fla. On a beam reaching from the mast to the flagstaff astern, hung sponges strung on cords six feet in length. It was a Monday. Tuesday was auction...
...sales value of rare books is far more than an alibi. This was never more startlingly demonstrated than last week at the Manhattan auction of the books collected by famed songwriter Jerome David Kern (Kalua, Raggedy Ann, Who, Old Man River} of Bronxville, N.Y. At that sale Dickens' Pickwick Papers (perfect copy, first edition) sold for $28,000. Fielding's Tom Jones (first edition, uncut, original binding) brought $29,000. Hardy's A Pair of Blue Eyes (original manuscript of twelve chapters) topped the sale at $34,000. A total of 748 items brought...
Coming so soon after Christmas, this auction of books has another interesting feature. In spite of the bewildering atmosphere of the holiday rush, all good taste in the selection of valuable manuscripts has not been lost. The American people, so often labeled as materialistic, show they also possess an appreciation of aesthetic values...
...welcome opportunity to forget their depressing post-Christmas trade. A new light of encouragement has been cast upon their slackened business. Out of the noise and traffic of a materialistic metropolis has come the report that literature still commands enormous prices. For the purchase of valuable collections at public auction, buyers were not found wanting, even though the bidding ran unusually high...