Word: auctions
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Dates: during 1960-1969
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...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...
...immortality as a flower: the Missouri Botanical Garden will name its next discovery after her. Said her husband, writing out a $200 check, "My wife said she always wanted to be a philodendron." Happiest of all was Council President Homer E. Sayad, who totted up the bids, found the auction had netted the council $180,000. "Much more fun," said he, "than just asking people for money...