$340 FOR 4 PERIOD CHAIRS

Parke-Bernet BeginsSelling Items of SpeddenEstate

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In the first sale of the new sea­son at theParke-Bernet Galleries, 984 Madison Avenue, a set of four carved and bilded [soc]chairs in the style of Louis XVI was sold yes­terday for $340 to CharlesGutradt, a New York dealer.

The sale, of English and French furniture anddecorations from the estate of the late Margaretta C. Spedden of Tuxedo Park,N, Y., and others, has completed two ses­sionsand will end with a final one this afternoon. The receipts so far are$28,132.

Other items auctioned were a Chinese carpetwith a floral design on a yellow field that brought $460 from an agent and aLouis XIV wall mirror, decorated with brown lacquer, gold and mother-of-pearl,that went for $220 to Bruce Butt­field, Inc.