Collectors: Chase's Tenth

As a businessman, David Rockefeller, 53, president of New York's Chase-Manhattan Bank, might logically be expected to derive considerable satisfaction from the resounding financial success of Chase's ambitious program to decorate its offices and reception areas with fine art. In the decade since the program's inception, the bank has spent $800,000 for 1,500 paintings, sculptures and graphics by 500 artists. The collection's net value has appreciated to $1,500,000 —a 60% increase that compares favorably with the Dow Jones industrial average.

Celebrating Chase's tenth anniversary last week, Rockefeller invited 290 artists from...

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