Word: upping
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Dates: during 1940-1949
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The railroads, which are still making money on freight, know how to make money on passengers too, and have proved it on their main-line trains. They know that it is the uneconomical branch lines which eat up the profits. Yet state regulatory bodies, often for sentimental reasons, balk at...
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...
At an 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...
With such genteel stiff-arming of the buyer, white-haired Hiram Parke, 76, who looks more like a bank president than an auctioneer, has pleased most of the sellers who have come to him.* In eleven years he has built Parke-Bernet (rhymes with "in debt") into the largest U.S...
At Hiram Parke's party were such art patrons as Gypsy Rose Lee, Actress Madeleine Carroll, and International Business Machines' Chairman Thomas J. Watson. Last week many of the guests returned for the first sale in Parke-Bernet's new auction room (seating capacity 600). Up on...