Dispersal

Fingers snapped and the bids jumped up last week in Manhattan's American Art Association-Anderson Galleries until the auctioneer's ivory hammer knocked down a 15th Century portrait bust of a Princess of Aragon by Francesco Laurana to Lord Duveen of Millbank, for $102,500. It was the highest price paid at an art auction in New York since Depression, high water mark in the three day sale of the heterogeneous art collection of shrewd old Thomas Fortune Ryan. Relatives, collectors, and many of the original dealers from whom he bought them bid up the rest of the etchings, picture books, Persian rugs, Gothic and Renaissance bronzes & marbles, Etruscan urns and other pomps & gauds assembled in the financier's long acquisitive life for a total of $409,354.

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