World art buying boom drives global splurge
Sylvia Porter reports a worldwide surge in art buying as millionaires and museums bid up prices. Paintings by Rembrandt, Pissarro, Monet and 19th century British painters now fetch four times earlier values, fueling a wave of galleries and publicized “art as an investment” hype.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Pissaro
Monet
Augustus John
Rossetti
Nasmyth
Art as investment and rising prices tempt collectors
Prices for major works have surged since 1950 with Chagall and Derain valued well above the 1960 level. Since 1950 art prices outpaced living costs and stocks, while the art market expanded in New York and across outlets like Sears and Woolworth. Experts warn amateurs to beware as professionals dominate pricing and fads drive big swings, with abstract expressionists down about 30 percent since 1960 and Pop art slipping.
MENTIONED IN THIS ARTICLE
Richard Rush
E ‘Rush
New York City
Jas
Bargin
Sears, Roebuck
F. W. Woolworth
Korvette
Chicago
Thomas Hart Benton
Ralph F. Colin
Art Dealers Association of America
Colin
Death notices and local social events in Morgan County Neel
Murphy Woodruff is called to Decatur due to his father Gabe Woodruff’s death. Earlier, Murphy and family attended the funeral of his sister-in-law Mrs. John Woodruff of Decatur. Gabe was a brother in law to R H Ellis and Ed Ellis. Mrs Nellie Puckett is hospitalized in Hartselle Hospital. Visitors to Herman Johnsons and Mrs Adda Thompson included Joan DePriest and several local families. Neel School hosted a muffin contest judged by Oak Ridge Club members. Pattie Morgan won first, Connie Lane third, Donna Brown second among 17 entrants. C D Long has been dismissed from Black Chandler Hospital. Jimmy Hughes awaits a call to the Air Force, expected to depart in April.
MENTIONED IN THIS ARTICLE
Murphy Woodruff
Decatur
Gabe Woodruff
Murphy
John Woodruff
Gabe
R. H. Ellis
Ed Ellis
Nellie Puckett
Hartselle Hospital
Herman Johnson
Adda Thompson
Joan DePriest
Elbert Jones
Five Points
Lorene Sparkman
Dorothy Biggs
Cecil Sparkman
W. L. Ellis
Gene Wynn
Carol
Alton Johnson
Chilton West
Oak Ridge Club
Calcium in your shoulder and bursitis cure questions
Health Capsules asks if a piece of calcium in the shoulder causing bursitis means you should eat less calcium. Dr Michael A Petit notes the condition can raise questions about calcium intake and suggests evaluating dietary calcium in context with medical advice.
Calcium in Shoulder Not Linked to Diet
Health Capsules reports that calcium in the shoulder area has no proven connection to diet and no definitive cause is known. Tomorrow's topic will be digitalis and the segment emphasizes that information is not intended for diagnosis.
MENTIONED IN THIS ARTICLE
Digitalis
How to Start an Amateur Art Collector
Learn through classes reading and museum visits. focus on preferred schools. Begin by buying affordable works from lesser-known artists to train taste away from fashion trends. Enter higher-priced markets only for personal pleasure, with profit as a bonus. Distributed 1966 by The Hall Syndicate Inc.
MENTIONED IN THIS ARTICLE
Hall Syndiate, Inc
Also Mentioned on This Page
Westinghouse
Cooper Furniture & Appliances
Sorner
Bank & Church Sts
Arlene
Morgan County
Neel
Sandra’ McAbee
Danville
Neel School
Connie Lane
Donna Brown
Pattie Morgan
Miss Coffey
Hollis Long
C. D. Long
Black Chandler Hospital
C. D
Johnson Chapel
J. O. Braswell
Edgbert Poole
Bobby McCaghren
Billy Caghren
Steve Yarbrough
Jimmy Hughes
Air Force
Jimmy
Michael A. Petit, M.D
Woolworth’s
Woolworth's
Second Ave
Downtown
So Tee
Up Lae CO
Decatur Shopping Center
Hiway