Art: Fiscal Year

Esthetes may consider it disgusting that the U. S. public last year spent $1,800,000,000 on cosmetics and only $250,000,000 on Fine Art. Not so art dealers. To them $250,000,000 is a big figure, last year was a big year. When they read the 1929 fiscal summary compiled and issued last week by the American Art Dealers' Association, they grew increasingly optimistic about their profession.

Wall Street's tribulations affected the sale of Fine Art only in December. This decline was offset, however, by heavy buying earlier in the year. Total business was reported...

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