Word: gimbels
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Dates: during 1940-1949
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Promptly he packed the fifth floor of Manhattan's Gimbel Bros, department store with two and a half acres of medieval armor, Hispano-Moresque pottery, Dutch masters, and other art objects too numerous to mention. By last month the total sales of these and other Hammer enterprises were near $15 million...
...addition, there are twelve Halls of Art now operating throughout the U.S. and about 150 stores have bid for the privilege of opening others. Next fortnight a Hall of Art will open in Gimbel's department store in Philadelphia, the following week in Pittsburgh. Future Pochapin plans: 1) to furnish artists with materials, deducting such costs when paintings are sold; 2) to turn Art Movement into a nonprofit organization...
...there was more. Mr. Klorfein had an afterthought: "My wife bought some bonds at the Gimbel party, too. How much was it, dearest?" She said it was only $175,000 worth, but "of course, I've been buying war bonds all along...
Index of this boom were the annual sales figures announced last week by Manhattan's largest (and newest) art dealer, Gimbel Brothers Department Store. Gimbels' sales-$5,255,000-more than doubled last year's. Fifty-Seventh Street's largest art auctioneers, swank Parke-Bernet Galleries,* ran second with $4,007,823.35, an increase of 10%. Smaller dealers reported similar increases. What share had been bought by refugees could not be positively figured, for Manhattan's art impresarios are as secretive about their clients as doctors about their patients. But most of them agreed that...
Biggest buyers were industrial plants, utilities, large owners of urban properties, big mercantile establishments. Gimbel Bros, and its affiliated stores went in for $64 million coverage; Consolidated Edison for $300 million; A.T. & T., $1.4 billion...