Word: owners
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Dates: during 1970-1979
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...which recorded a 1978-79 turnover of $13.7 million, 50% of all items on sale go for less than $300. Says Sotheby's Los Angeles president, Peter McCoy: "It makes sense for the average person to frequent our auctions. He'll be competing with the antique shop owner who'll sell a piece for more [probably 40% more] than he can buy it here." Caveat emptor...
...auction firms also assiduously cultivate known collectors in the hope that, alive or dead, they will some day assign their possessions to the market: auction executives are among the world's most diligent readers of obituary pages. William Doyle, the ebullient Boston-Irish owner of a seven-year-old Manhattan house, who expects to gross $15 million this fiscal year, flies in his own plane to reconnoiter rumored treasures. On a trip to Warrensburg, N.Y., he found a trunkful of letters autographed by five of the signers of the Declaration of Independence...
...mushy patch of logging road. Linda has four-wheel drive and a lot of heart, but this is a Sargasso of mud, the kind that bogs the wood lot every year after the leafless forest trees stop drinking water and the October rains come. Linda's friend and owner disembarks to consider the problem...
What follows is wet, dirty and boring, and goes on for hours. The truck's owner, an escaped city man who can sound irritatingly smug about the rewards of living in the country, is angry now at the cordwood, the mud, poor mired Linda, and himself. He is spinning wheels, wasting time. Great deeds remain undone, great orthodontist bills are unpaid. Awash with self-doubt, he heaves the birch chunks out to lighten the truck, then jacks, wedges, winches and ponders. At last Linda groans free, and all that remains is to retrieve the half cord of jettisoned birch. There...
...American manufacturer that assembles stoves of comparable quality is a down-home outfit called Vermont Castings, Inc. Two unfounded foundrymen started the firm four years ago in tiny Randolph, Vt. Duncan Syme, 42, was a sculptor with an M.F.A. degree from Yale, and Murray Howell, 34, was a bar owner and construction worker. Their meticulously crafted Defiant and Vigilant models, designed in elegant Federal period lines and selling for $575 and $470, are as prized by their owners as if they were antique automobiles. Business has doubled each year for Ver mont Castings, blazing along splendidly now at a production...