Word: auctions
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Dates: during 1950-1959
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...materials have stalled the conference while they did some grabbing of their own. The wool committee has been deadlocked for weeks because Australia, which produces more than 25% of the world's wool, will not pool its wool and sacrifice the fancy prices it has been getting at auction. There are other complications. Britain is still shipping such strategic items as electrical and generating machinery to Russia in return for badly needed timber, oats and barley...
Last week the villagers had reason to be sorry. The Belper painting, up for sale again, and catalogued as Rubens' The Carrying of the Cross, brought a tidy $14,000 at a London auction...
Television makers were harder hit. The supply of unsold sets had mounted until Manhattan saw a rash of auction sales, where dealers tried to move sets, frequently at less than cost. To stop the pileup, makers had trimmed their weekly output from last November's rate of 218,378 sets to 82,224. But in the same period their stocks had mounted from 53,070 sets to 505,848. Sales of washing machines, refrigerators and other appliances lagged as much...
Goods sold at the auction varies from couches valued at $30 to a pair of shag rugs at 30 cents. One rug placed on sale was so dirty that the first few rows of people were forced to move...
Three cars were driven into the courtyard, but because on the weather and the prices asked for the cars none of these were sold in the auction...