Man to start selling ultra-rare books

first_imgPASADENA – There’s a first-edition Ken Follett thriller lying on Michael Sharpe’s library table. First editions are what Sharpe collects. This particular potboiler, however, is surrounded by what experts call one of the most extraordinary private collections of rare books in the world. In just 20 years, Sharpe has amassed works of science, philosophy, medicine, exploration, religion, literature and mathematics, all classified as being in superb condition and worth about $25 million. Together, they record the growth of Western civilization through everything from a Dead Sea Scroll fragment to “Gone With the Wind.” Selling rare books, Sharpe said, is a way to keep dealing in a world he loves. “I’m obsessive compulsive, and I’ve found a great outlet that’s socially acceptable,” he joked. Sharpe didn’t come to the rarefied world of antiquarian books through academia. A fifth-generation Californian, he left home in Calaveras County at just 15. “It was too provincial,” he said. After taking a series of manual jobs – transporting chickens and digging ditches among them – he opened his first business, private mailboxes, at 17. “I worked very hard to make a living, and in the last six or seven years my business has given me enough free time to focus on collecting books,” said Sharpe, who moved on from ditch-digging to a career in financial services. Now he has the time to go after the books he wants “with a vengeance,” spending six or seven hours a day tracking them down. With the help of rare book expert Michael Des Marais, he has accumulated a starting inventory both men expect to draw bibliophiles worldwide. “We’ve already had people from London, the East Coast, New Zealand,” said Des Marais, who manages the book store and will build up the stock through “auctions, private sales, estates and savvy book scouts” worldwide. They expect to get local customers, too – possibly from another local rare book repository. “We do have most books of the books he has,” said Alan Jutzi, curator of rare books at the Huntington Library. “But the other thing is, he has books in spectacular condition, and these are hard to come by these days,” Jutzi said. He admitted to coveting Sharpe’s copy of Lewis and Clark’s voyage, in its original boards – early books were sold with cardboard covers so owners could choose their own binding. “The Huntington does not have it like that, ours has been rebound,” he said. “(Sharpe) has books that, for their condition alone, jump out at you as looking pretty much as they did when they were printed,” Jutzi said. “Despite his short time doing it, he’s considered a major collector among collectors.” Sharpe started out with Western Americana, partly, he said, because his great-great-grandfather led a wagon train to California, and growing up in Gold Rush country, he felt “an affinity” with the West. But he soon moved on to the Holy Grail of book collecting: “Printing and the Mind of Man,” a 1963 list of 424 of the most important books in Western civilization. He has 170 of them. Sharpe loves to handle his books and show them to groups or visitors. “He had book parties at Christmas, showing fabulous rare books, and a good time was had by all,” Des Marais said. But Sharpe “doesn’t read the literature,” which includes pristine first editions of everything from “Jane Eyre,” at $125,000, to Ray Bradbury’s “Fahrenheit 451” at a more modest $6,000. “I get a paperback!” he said. Sharpe admits to feeling “almost romantic” about his books, and he gets passionate about some favorites: a Shakespeare Folio, a copy of “Structure of the Human Body” printed in Basel in 1543, worth $750,000, that he describes as “without question the finest in the world.” “The prices the authors paid to write some of this,” he said, gesturing to the works lining his two-story library. “It’s hard not to realize you’re sitting in the midst of history. Much of what we are today is on the shelves right here.” janette.williams@sgvn.com (626) 578-6300, Ext. 4482160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREStriving toward a more perfect me: Doug McIntyre But now Sharpe is ready to go from book collector to bookseller. Michael Sharpe Rare & Antiquarian Books has just opened in a historic Craftsman house at 569 S. Marengo Ave., with a catalogued inventory worth around $8 million, about 20 percent of it from the personal collection kept at his Pasadena home. “It was a little bit of a wrench,” Sharpe said of shipping some of his private library off to the store. “I decided to keep history and science over literature,” he said. “I love them all, but it can take six to eight years to build up an inventory … `Frankenstein’ was hard to let go.” It’s listed at $18,500. last_img

Lakers’ Ingram alters shooting stroke, has grown 2 more inches—report

first_imgIsaiah Austin arrives in Manila, ready to get to work for Gilas The 20-year-old may have taken the task too literally—as he reportedly hit a growth spurt and has grown an inch or two, according to Lakers beat reporter Mike Trudell.“I think he’s at least 6’10”. He might be 6’11,” Trudell said of Ingram, who was initially listed at 6’9 during his rookie season.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutout“I think he might be 6’11”, if not 7 feet,” he shared during an episode of ESPN LA’s “Thompson and Trudell Show”.Aside from possibly adding more height to his already rangy frame, Trudell claims that the 2016 2nd overall pick has also altered his shooting mechanics and developed his leg strength. Don’t miss out on the latest news and information. Frontrow holds fun run to raise funds for young cancer patients  2 dead in California school attack; gunman shoots self PLAY LIST 03:122 dead in California school attack; gunman shoots self01:42Police: California school shooting took 16 seconds00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Brace for potentially devastating typhoon approaching PH – NDRRMC Nonong Araneta re-elected as PFF president Ingram’s improvement was on display during the 2017 Las Vegas Summer League, but had to sit out the rest of the tourney after just one game due to an injury.Since then, the sports journalist said the lanky forward has progressed even more.“You’re just going to have to take my word for it for now until you watch him play,” Trudell said. “I think you’re going to be very pleasantly surprised to see Brandon Ingram.” Khristian Ibarrola/JBRELATED STORY:NBA: Brandon Ingram is the only ‘untouchable’ Laker, says Magic JohnsonADVERTISEMENT LATEST STORIES Brandon Ingram. (AP Photo/Frank Franklin II)The Los Angeles Lakers is fully embracing its youth movement in their quest to return as the NBA’s elite.But to be back atop the extremely tough NBA Western Conference, the “Purple and Gold” is heavily dependent on the potential growth of incoming second-year player Brandon Ingram.ADVERTISEMENTcenter_img WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding Fire hits houses in Mandaluyong City BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight MOST READ View comments Read Next E.T. returns to earth, reunites with grown-up Elliott in new ad  LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversarylast_img read more

AP Poll Features Many Changes After Wild Week 5

first_imgThe AP poll shows rankings 2 through 4 for week 6. taylor decker urban meyerTwitter/@TDeck68Saturday’s action, which featured losses by four of the top eight teams in last week’s AP Poll, turned the college football world on its head. Ole Miss, which sat at No. 3 following a big win in Tuscaloosa two weeks ago, lost in The Swamp to Florida, while Notre Dame, UCLA, and Georgia all fell. As expected, Clemson and Alabama, who beat the Fighting Irish and Bulldogs respectively, are among the biggest climbers at the top of this week’s Top 25. Undefeated Ohio State remains atop the poll after a very close win against Indiana in Bloomington, but a number of teams are gaining some serious momentum this season.Here is the full AP Top 25:1. Ohio State2. TCU3. Baylor4. Michigan State5. Utah6. Clemson7. LSU8. Alabama9. Texas A&M10. Oklahoma11. Florida12. Florida State13. Northwestern14. Ole Miss15. Notre Dame 16. Stanford17. USC 18. Michigan19. Georgia20. UCLA21. Oklahoma State22. Iowa23. Cal24. Toledo25. Boise StateHere is last week’s AP Poll, and this week’s Coaches Poll, for comparison. How did the writers do this week?last_img read more

Noble Group Offloads One More Kamsarmax

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Hong Kong-based commodities trader Noble Group has entered into a sale deal with Fairmyl Shipping Limited and Transmed Shipping Limited for a Kamsarmax dry bulk carrier vessel.The company will cash in USD 23.4 million from the vessel sale which is expected to be completed by September 30, 2018.The net proceeds from the sale after payment of relevant mortgage facility will amount to approximately USD 8.2 million, Noble said.The vessel is 2014-built Ocean Ambition, flagged in Hong-Kong. The 81,616 dwt bulker is employed to service external customers as well as Noble Group’s internal freight requirements.Following the completion of the proposed disposal, Noble Group intends to charter back the vessel on a time charter basis.The ship is part of a quartet Noble put up for sale in November last year hoping to raise a total of USD 95 million in order to cut debt.The ships also include 2015-built Ocean Forte, 2015-built Ocean Integrity, which was sold in March  and 2015-built Ocean Vision sold in April.last_img read more

Dawson Creek and Fort St John programs receive Community Gaming Grants

first_imgDawson Creek’s Minor Hockey and the Swim Club will receive funds as well as their District Band Association, the Exhibition Association and the South Peace Art Society totalling grants of $492,100.Fort St. John’s North Peace Historical Society received a grant of $11,500.Eligible sectors that can apply for a grant include; art and culture, sports environment, public safety, human and social services, as well as parent advisory councils.For more information on applying for a grant click HERE VICTORIA, B.C. – Community based programs have received a boost of funding through the annual Community Gaming Grants.Dawson Creek and Fort St. John are both home to six of the 700 not for profit organizations around B.C. receiving part of approximately $18 million to support, community arts, culture and sports activities.A portion of revenue generated by commercial gambling revenues is distributed back into the community through the grant program, helping these community-based groups invest in facilities and assets that will provide a direct benefit to their community.last_img read more

Japans Impact HD Inc to buy 49 stake in Coffee Day Consultancy

first_imgNew Delhi: Coffee Day Enterprises said Monday Japan-based Impact HD Inc will acquire 49 per cent stake in Coffee Day Consultancy Services Pvt Ltd (CDCSPL) for $15 million (about Rs 104.45 crore). The company along with its material subsidiary Coffee Day Global Ltd (CDGL) and Coffee Day Consultancy Services Pvt Ltd has entered into a share subscription and shareholders agreement with Impact HD Inc for the deal, Coffee Day Enterprises said in a regulatory filing. Also Read – Thermal coal import may surpass 200 MT this fiscalThe CDCSPL will carry out the business of providing consultancy services in the retail sector. Subsidiary of CDCSPL operates and manages Coffee Day Fresh & Ground business. “The company has approved to enter into the share subscription and shareholders agreement between Coffee Day Enterprises Ltd (CDEL) along with its material subsidiary Coffee Day Global Ltd (CDGL) and Coffee Day Consultancy Services Pvt Ltd (CDCSPL) with Impact HD Inc, (IHD) for subscription to equity shares of the CDCSPL by IHD by investing rupee equivalent to $15 million for 49 per cent stake in the CDCSPL,” the filing said. Coffee Day Enterprises said post subscription of equity shares by IHD, CDEL and CDGL will hold 51 per cent of the paid-up-equity capital of CDCSPL, the company added.last_img read more

Clean Ganga scheme fantastic community project

first_imgNew Delhi: Prime Minister Narendra Modi has a cultural faith-based perspective towards the Ganga and there will be an “Indian solution” to a clean river, says Justice Michael D Wilson of the Hawaii Supreme Court who has played a leading role in establishing a court that specialises in environmental laws in the US state.He says “Modi cares about the river” and dubbed the government’s National Mission for Clean Ganga scheme as a fantastic community project. “When somebody goes into the Ganga, they are not just getting wet. They are getting inspired. It’s a fantastic community project. Ganga has not been abandoned despite all the poisoning, people still revere it. So I think it will be cleaned up. There will be an Indian solution which will have an epic approach,” Justice Wilson told PTI in an interaction. “This is a culture which believes in longevity – a commitment that is reflected in over 2000 years of culture and faith. People of India are committed to changing the present trend of global warming and unacceptable levels of carbon emissions. Their commitment is power – it is cultural,” he says. On being asked about similarities between Donald Trump and Modi, Justice Wilson says there is a big difference between the two leaders and the Indian prime minister cares about the river. “People compare him to Trump. There can be some comparisons which can be made, but there is a big difference. I know all politicians have certain amount of hyperbole and rhetoric but I don’t doubt that the prime minister of India cares about the river Ganges. He cares about the river. This is the big difference between the Prime Minister of India and the President of the United States. Prime minister Modi’s commitment is one of faith. “I don’t know where I can find that commitment level in the executive branch of USA. The prime minister of India has a personal cultural perspective towards Ganga,” Justice Wilson says. Expressing concern over the rise in air pollution , the judge says this is not a complicated issue and just a matter of will. He says there is a need to pass a law that puts a cap on pollution and public transport system needs to be strengthened besides replacing the cars on the roads. “It’s not a matter of difficult administrative theory or science. It’s known from where the contamination is coming from. The major problems are burning of fossil fuel and agricultural residue. Most of the poisoning is of poor children. The fact that India has a high percentage of young people in population, it is a very strong indication of power in terms of civil participation,” the judge says. Justice Wilson also spoke at the ‘Green Law’ lecture on “Environmental Justice and the Rule of Law: Role of the Judiciary and Judges”, organised here by the O P Jindal Global University (JGU) and the WWF-India. The judge was here on the invitation of JGU VC C Raj Kumar. PTIlast_img read more

Radiation levels safe after Nplant fire says Ukraine

first_imgKiev: Ukrainian officials said Tuesday that radiation levels remained safe after a fire broke out at a nuclear power plant, leading to the shutdown of one of the reactors. The fire, which was extinguished within an hour, began late Monday at the Rivne nuclear power station in western Ukraine, around 300 kilometres (190 miles) from Kiev. It erupted in an electrical transformer, triggering the reactor protection system and “the third reactor was turned off,” Ilona Zayets, a spokeswoman for the state nuclear agency Energoatom, told AFP on Tuesday. Also Read – Saudi Crown Prince Salman ‘snubbed’ Pak PM Imran, recalled his private jet from US: Report”Radiation levels have not risen,” she said, adding that no one was hurt as a result of the incident. She said the causes are being investigated. The level of seriousness of the incident on the international scale for emergencies at nuclear stations is zero, the nuclear agency said in a statement. The third reactor remained switched off on Tuesday because the transformer needs to be replaced. Ukraine currently operates four nuclear power plants with a total of 15 reactors. Rivne power plant has four reactors. Nuclear power is an important energy source for Ukraine, accounting for around 50 percent of its electricity production. Ukraine was the scene of the world’s worst nuclear disaster when one of the reactors at Chernobyl power station, which is about 100 kilometres (60 miles) north of Kiev, exploded in 1986 during testing.last_img read more

Rahul Gandhi as Opposition leader That looks doubtful now

first_imgRahul Gandhi [in picture] warns of earthquake if he speaks in parliament [VIDEO]Twitter/Office of RGMore than five hours into vote counting, the Congress is looking down the barrel. Let alone crossing 100 seats, the Grand Old Party hasn’t made sure it will become the official Opposition party in the Lok Sabha.Rahul Gandhi-led Congress is leading in merely 50 seats now while the BJP is leading in 293. If Congress manages to hold on to the lead position, it will end up with 50 seats, some 5 seats short of the requirement to become the official Opposition party. It will be no consolation that the party will have managed to win some six seats more than its tally in the previous election.In the last Lok Sabha, Congress made Karnataka strongman Mallikarjun Kharge its parliamentary party leader as it was clear that Rahul Gandhi would not be able to become the Opposition leader.If the lead position doesn’t turn significantly in favour of the Congress, this time too Rahul will be deprived of the Opposition leader’s position.The Congress and its supporters would never have expected such a dismal performance from a party that aimed big and proclaimed the intent to unseat Narendra Modi at any cost.Though Congress knew that its UPA alliance wasn’t going to get enough seats to form a government it still nourished serious hopes of stitching together a coalition with the other anti-BJP regional parties like the SP, BSP, TMC or YSRCP.What next for Congress? What next for Rahul?This election result would pose serious questions to Congress and its leadership. In 2014, when Congress was reduced to an all-time low of 44 seats, the ‘one-off Modi wave’ was pointed out as the reason. This time round, Rahul pulled out all stops in confronting Modi government. Issues ranging from corruption, economy, GST, demonetisation, secularism and the increasing concerns of minorities under the BJP government were all used to the hilt to drum up support across India. Close PM Modi lists out abuses hurled at him, Inside Congress’s dictionary of love Yet the campaign has failed miserably. It will be interesting to see how Congress and Rahul would explain away the outcome and chart out a future course of action.In a shocking turn of events Rahul himself is struggling to hold on to his family bastion of Amethi where Smriti Irani is putting up a stiff fight. If you look at where Congress has won seats. it’s clear that the support remains only in Kerala, Punjab and in Tamil Nadu, to a certain extent. IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/7:14Loaded: 0%0:01Progress: 0%Stream TypeLIVE-7:13?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …last_img read more

DHFL approves allotment of Rs 10000 crore debentures Can Fin Homes eyes

first_imgClose on the heels of home loan company DHFL successfully raising Rs. 10,000 crore via debt, Canara Bank subsidiary Can Fin Homes has decided to shore up its finances through a Rs. 3,000-crore private placement of non-convertible debentures (NCDs). Shares of the two companies have rallied sharply in the past three months.DHFL, at its board of directors meeting on Friday, approved allotment of 10 lakh NCDs for Rs. 10,000 crore. The effective yield on the NCDs ranges from 9.05 to 9.25 percent per annum, with multiple tenure options of three, five and seven years.Can Fin Homes decided on Wednesday to take the NCD route to raise Rs. 3,000 crore by issuing debt on private placement basis at its board of directors meeting.DHFL posted 16.2 percent growth in net profit for the first quarter (Q1) ended June 2016 to Rs. 201.40 crore on 18.5 percent rise in income from operations to Rs. 1,958 crore, on a year-on-year basis. Gross non-performing assets stood at Rs. 623.80 crore, or 0.98 percent, of total advances.Loan disbursements and sanctions were Rs. 6,214 crore and Rs. 8,800 crore, respectively for Q1, up 25.54 percent and 12 percent, respectively, over the year-ago period. DHFL shares hit a 52-week high of Rs. 304.70 on Friday before closing at Rs. 299.85, marking an appreciation of 43 percent over a three-month period, based on the closing price of Rs. 208.75 of June 10, 2016.  Can Fin Homes shares have also rallied 40.6 percent during the same period to close at Rs. 1,653.80 on Friday; the stock had ended at Rs. 1,175.65 on June 10, 2016.The Bengaluru-based home loan company earned net profit of Rs. 49.73 crore in Q1, an increase of 55 percent from Rs. 32.10 crore in the June 2015 quarter. Income rose 28 percent to Rs. 309.62 crore in Q1.PNB Housing Finance, a subsidiary of state-run Punjab National Bank (PNB), is coming up with an initial public offering, signalling a bullish trend in home loan business.The BSE Financials index closed 1.09 percent down on Friday, reflecting the downward trend on the Sensex that ended 248 points lower at 28,797.last_img read more