| Capitalism and breast milk
Just as I'm wrapping up my day, I decided to take a quick look at some stories getting a lot of hits. A story that posted recently on azcentral.com about mommies selling breast milk online to men is getting quite the curiosity readers. Stories about breast milk auctions have circulated since 2005, and lactation groups are quick to advise against buying it. This has nothing to do with auctions, but when I was looking on the Web for info on breast milk sales, I came across an article about one Los Angeles-area company, Prolacta Bioscience. The company found a way to commercialize breast milk for the benefit of critically-ill and premature infants in the neonatal intensive care. What do you think? .
Auctions | Americana sale reflects collector's pioneering spirit
The third weekend of April is shaping up to be such a busy one for area auctioneers that it makes sense to take advantage of the Easter lull and get a head start on the events scheduled for then - beginning with Pook & Pook's sale of the Pioneer Americana collection of Esther and Donald Shelley. Pioneer is the operative word in the two-session sale April 20 and 21 at Pook & Pook's Downingtown gallery. As Ron Pook writes in a foreword to the elegant 200-page hardbound catalog, there was little guidance for collectors of Americana when Donald Shelley, a native of York, set out to master the field after his graduation from Penn State in 1932 with a bachelor of fine arts degree. "Tulip Ware and Hornor's Blue Book documented furniture by means of local Philadelphia lineage," Pook writes, "but the majority of reference books of the period were long on pictures and conspicuously short on scholarship." Over the next 70 years, Shelley (along with his wife, whom he met in the 1930s at Columbia University Teachers College) pursued an academic career focusing on the origins of Pennsylvania decorative arts that took him to posts far and wide, notably a 24-year stint at the Henry Ford Museum and Greenfield Village in Michigan, and finally in Oley Valley.
Stanner's trophy will hit the auction room
A SOLID silver trophy awarded to Widnes boxing legend Jack Stan-ner in 1935 for winning five Wembley fights on the same day is being sold by his family. Auctioneers Rogers-Jones of Colwyn Bay will sell the trophy together with a small archive of photographs and press cuttings on Tuesday, April 24. The lot is estimated at £1,000-£1,500. The trophy relates to the 'great white hope' championships held annually with promoters inviting contenders to make a name for themselves on an unofficial but national stage. Six-footer Stanner later fought professionally but had been a 16-year-old amateur when he first qualified for the novices championship at heavyweight in 1934. Although he was giving away two to three stone to more experienced boxers, his two-fisted approach took him through to the third series, losing to Archie Norman.
Japan 30-year govt bond auction lowest accepted bid 100
TOKYO (XFN-ASIA) - The lowest accepted bid at today's auction of 600 bln yen-worth of 30-year Japanese government bonds was 100.80 yen, giving a yield of 2.354 pct, the Ministry of Finance said.
Of the bids accepted, 67.9719 pct were made at the lowest price, the ministry said. The average bid was 100.86 yen, making the average yield 2.351 pct.
Designated as the No 26 issue, the bonds will be issued on Friday and will mature on March 20, 2036.
The ministry received 2.3425 trln yen in competitive bids and accepted 549.6 bln yen-worth, giving a bid-to-cover ratio of 4.26 to one. This means the amount of competitive bids received was 4.26 times the amount of bonds offered for sale.
At the previous auction of 30-year debt, on Jan 18, the lowest accepted price was 98.29 yen, giving a yield of 2.380 pct, with a bid-to-cover ratio of 3.3 to one.
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