Word: auctions
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Dates: during 1950-1959
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Receipts from the auction included full sale price of unclaimed trunks and lamps left by previous classes in the basement and ten percent of items sold by the graduating seniors of the House...
Because of a deficit suffered in its last dance the Lowell House Committee staged an auction in the dining hall last night. More than 200 people attended and spent some $500 for the wide variety of goods...
...chorus of anguish rose. Then guests began bidding frantically for pieces of their favorite hotel. A shrewd New York merchant snapped up brass doorknobs and key plates for resale as souvenirs. Last week, when the Ritz finally closed its doors, the hotel owners decided to auction off the furniture, rugs, mirrors, fireplaces and dishes, glassware and silver with the Ritz crest. Flashiest buyer: wealthy Texas Publisher Amon Carter, who bought the famed men's bar as a present for his son, and two elevator cages to be used as powder rooms in his Fort Worth home...
...Paris, Christian Dior and other high fashion designers were trimming hats with ostrich feathers. So was Manhattan's Lily Daché, who explained quite simply: "It was time for the ostrich feather to return." Oudtshoorn's farmers did not question the verdict; they crowded into the feather auction hall, offered their pluckings to dealers so sharp-eyed that they could identify at a glance the feathers from any one of 200 farms. Bids for prime ostrich plumes shot up to $18 a lb., 10% higher than last year...
...auction rooms of Melbourne, Australia last week, wool prices tumbled from $566 a bale to $466, the sharpest break in history. Reason: U.S. buyers had pulled out of the market in an attempt to force prices down. They were taking their cue from U.S. consumers at home, who were also staging something like a buyers' strike. Department-store sales for the week ended March 31 slumped 14% below the corresponding week last year (two weeks before Easter). Business inventories in February piled up to a record $65 billion...