Word: upwardness
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Dates: during 1970-1979
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...experts believe to be underpriced but rapidly appreciating in value: 17th century old master drawings and prints; Victorian furniture, paintings, drawings, porcelain, silver and antiques of all kinds; Japanese pottery and porcelain, ivory and enamels; Italian baroque paintings and Renaissance statuary; American primitives; Egyptian, Greek and Roman antiquities. Also upward bound are American Indian artifacts, antique gold watches, rare manuscripts, books and autographs, Victorian and Edwardian jewelry, and art deco furniture. It seems that nothing that can be collected is being neglected. Well, almost nothing. Among the few items that have not appreciably gained in value in recent years: Jacobean...
...that are indistinguishable from panic. So it seems with the present boom in the art market. For the past 15 years or so, collectors, dealers, auction houses and their willing accomplices, journalists, have been moved to pleasure, then wonder, and now to a sort of popeyed awe at the upward movement of art prices. If art was once expected to provoke un nouveau frisson, a new kind of shudder, its present function is to become a new type of bullion. Thus, we are told by art industry flacks, people now respect art. They flock to museums...
...response to the hostage trauma in Iran, the price of oil is poised for yet more damaging leaps upward...
...Jersey management consultant firm, calculates that the compensation of top business executives has increased by 14.8% this year with the help of salary bonuses often reaching 20%. Among wage earners, the hourly pay of union employees grew by only 8.3%, while that of nonunion workers edged upward just 7.2%. In other categories, the Labor Department reports that the earnings of an attorney rose by 8.9% on average; that was less than his stenographer's 12% increase but well above his file clerk...
...Harvard gains confidence with every successful step such upward mobility does not seem unlikely. Gone are the days of missed offensive chances, of domination on the field but not on the scoreboard, and of frustration. Harvard's men's soccer team is on the move...