Word: manhattan
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Dates: during 1940-1949
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Died. The Rt. Rev. William Thomas Manning, 83, Episcopal Bishop (until 1947) of the New York diocese; in Manhattan (see RELIGION...
...case, the U.S. could not go on with its present policies without running into serious trouble. "We are so prosperous and rich that we can violate the rules for a time "and get away with it," warned W. Randolph Burgess, executive committee chairman of Manhattan's National City Bank. "But economic laws have a way of working out, and eventually we will have to pay the penalty." For the Government's deficit spending, U.S. citizens may have to start paying the penalty in higher prices in short order. Warned he: the U.S. may be in for another round...
...Manhattan's Kidder, Peabody & Co. this week gave parents a Christmas tip: give the kiddies investment trust shares that can "grow with the years." For gifts of $100 in mutual fund shares, Kidder, Peabody would furnish a green-edged gift certificate listing the shares purchased. The firm reminded parents such shares yield from 3½% to 6%, hinted there was no reason to limit purchases to $100: gifts up to $3,000 are exempt from gift taxes...
...auction in Manhattan's Parke-Bernet Galleries seven years ago, Showman Billy Rose thought that a Frans Hals painting was his for $20,000. But from the auctioneer's pulpitlike rostrum, Parke-Bernet's President Hiram H. Parke sedately cajoled more bids. "What's the matter," called Rose, "you got a stiff arm?" Not until the price had risen another $10,000 did Parke's arm loosen up enough to bring down the hammer and sell the painting to Rose...
...home, a squat, block-long modern building on upper Madison Avenue, 20 blocks away from his old store adjoining 57th Street's famed antique shops. Over the galleries' door, to symbolize art and industry, is a 14-by-10-foot sculpture of Venus and Manhattan, a reclining male. (Because Venus' bosom protrudes more than the permissible 18 inches over the sidewalk, Parke-Bernet pays $25 a year to the city for the privilege...