Word: sales
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Dates: during 1920-1929
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...Franco-British debt settlements; 3) restoration of the franc to a gold basis, probably at the present stabilized rate of 25 francs to one dollar; 4) acceptance from Germany of a (reduced) lump sum in payment of her reparations, this sum to be derived from the sale of the German railway bonds now held by the Reparations Commission...
...record for U. S. picture auctions. The painting, a large canvas into which the artist had put portraits of two of his daughters as well as a wagon, a team of horses and a broken shower of golden light, was indubitably the finest single piece offered in the sale of the collection that had belonged to the late steel tycoon, Elbert Henry Gary. The other 38 paintings raised the total price for the evening's auctioning to $1,154,650, the record* for a single sale; most of the paintings brought a little less than they were worth...
There were no pauses in the evening's bidding; the auctioneer did not embellish his tally with encouragements, most of the bidders knew just how much they were willing to pay and lost no time in getting to their limits. The sale started, at quarter to nine, with a little landscape by Frits Thaulow; at quarter past ten, after several fortunes and 39 pictures had changed hands, the last canvas was carried off the stage. A good Reynolds, one of the few that have the artist's signature, sold, in less than two minutes...
Furniture, tapestries, rugs, statues-these were sold at three other sessions of the auction of Judge Gary's collection. The last was by far the most spectacular; this brought the total for the entire sale to $2,297,763, the largest amount ever returned at a U. S. art auction. The most notable piece purchased on the last afternoon was a small marble bust by Jean Antoine Houdon; the head was that of a plump and imperious baby girl, the daughter of the artist. The woman who got the bust was later discovered to be a buyer...
Freshmen are reminded that only enough copies of the Book are printed to supply the orders placed before May 10 and that there will be none on sale thereafter...