Page 89 - Studio International - January February 1975

NOTTINGHAM 16 February. Barnett-Aden; Civil War difficult for the new investor to
Push Pin Gallery 6 Byard Lane (0602- drawings to 9 February. know how to begin and, above all,
48105). Ron Atkinson 13 January- evaluate the esotoric goings-on in
8 February. Ian Gardner 10 February- CANADA Investment in the galleries. Would a vacant
8 March.
OXFORD MONTREAL art canvas appreciate quicker than a
Museum of Modern Art 30 Pembroke Galerie - Editions Gilles rubberized cheesecloth and
Street (0865-722733). Matisse: Gheerbrant 2130 Crescent (514-843 Fibreglass Eva Hesse `Sculpture'
lithographs (V & A) ;14 Young British 7535). Jacques Palumbo: recent
Photographers to 23 February. watercolours & drawings to 15 February. Whatever one might think and was a Cezanne watercolour
Oxford Gallery 23 High Street (0865- Allan Bealy : recent plywood cutouts of the overall accuracy of more blue-chip than a late
42731). Bradford Biennale print award 18 February-15 March. Braque oil? Furthermore, unlike
winners 13 January-12 February. Jean OTTAWA Kenneth Clark's recent statement the traditional outlets of
Gibson: sculpture; Michael National Gallery of Canada Lorne that `collecting has now become,
Rothenstein : prints ; Neville Smith : Building Slater & Elgin Streets (613-996 like the Stock Exchange, a form of investment, no statistics, no
drawings 17 February-19 March. 8031). 30 years of Canadian painters gambling and of tax evasion', it analytical reports, no daily market
George Guest: paintings; John 31 January-2 March. quotations could be turned to for
O'Connor: prints 24 March-23 April. TORONTO has to be admitted that a wide
SHEFFIELD The Electric Gallery 272 Avenue range of people have now become guidance. It was here that the art
Mappin Art Gallery Weston Park Road (416-9254441). Claudio more acutely aware than ever investment fund provided a
Sheffield 10 (0742-26281). 'Beyond Marzollo 25 January-13 February. solution: having pooled the funds
painting & sculpture' (BAC) to Walter Ciers 15-27 February. Leo Erb before of the purely financial from its shareholders, it was
16 February. 1 March-3 April. advantages in possessing art. To
WARWICK VANCOUVER be sure, the concept of art as an free to buy and sell art as it
Warwick Gallery 14 Smith Street Vancouver Art Gallery David investment is not new, but it is a wished. The shareholder was
(0926-45880). Robin Plummer Mikkelson : assemblages & relieved of the burden of
28 January-16 February. Mike Gibbs: constructions to 2 February. phenomenon that has caught the
concrete poetry; Ken Hickman & imagination of an increasing `understanding' art and simply
Charles Garrad : performances public in the last fifteen years and had to do what came naturally to
18 February-9 March. Anthony Gross AUSTRALIA him - assess the ability of
11-30 March. SYDNEY so has tended to feed on itself. management to generate profits.
National Gallery of Victoria 180 The Interesting divergence of
Saint Kilda Road (62-7411). Lindsay approach to art between, let us Few funds have emerged intact
AMERICA
centenary exhibition to 25 January. say, the late 19th-century Jewish from the initial scramble.
BOSTON Operators of the late 60s, who
Nielsen Gallery 179 Newbury Street collectors or the great 20th-
(617-266 4835). Permanent collection BELGIUM century Americans and that of the had drummed up companies in a
of 20th century master prints & drawings new investor-breed spawned by hurry to catch the tide, by 1970
by: Mire>, Moore, Braque 8- others plus BRUSSELS the professionalism of the post- encountered a public chastened
contemporary pieces by Rotterdam, Galerie Govaerts 255 Avenue Louise by recent falls on Wall Street and
Rainer &Jackson to 31 January. (02-486085). 'Carzou' to 31 January. war business world is that the
CHICAGO latter group are less respectful of particularly wary of the fund
Jacques Baruch Gallery 900 North continuity or tradition. Art concept. Two of them, however,
Michigan Avenue (312-944 3377). FRANCE Modarco and Artemis, have both
Gabor Peterdi : paintings & prints PARIS collections are no longer
14 January-22 February. Centre de Creation Industrielle associated with patrician families survived but prospered and are now
CLEVELAND PavilIon de Marsan, Palais du Louvre and country estates, so the important factors in the art market.
Cleveland Museum of Art 11150 107 rue de Rivoli (0331-742 22 84). Modarco came to the market in
East Boulevard (216-421 7340). George Gaetano Pesce to 3 March. André modern collector need no longer
Bickford collection of Indian art Lemonnier to 24 March. feel himself a brash interloper 1971 with an issue of just under
14 January-16 February. Nevelson : Centre National d'Art but can, on the contrary, be $3,000,000 which was
wood sculptures 29 January-9 March. Contemporain 11 Rue Berryer 75008 proud of his nouveau-riche underwritten by Banque de Paris
FORT WORTH (0331-267 46 84). Pommereulle :'Fin de et des Pays-Bas (Suisse) and the
The Fort Worth Art Museum 1309 siècle' 25 February-29 March. status. In this context and in a
Montgomery Texas (81 7-738 921 6). Musee du Louvre Palais du Louvre world where ferocious competition Banque du Rhone at a price of
Arman : retrospective 19 January- (0331-231 59 40). Italian designs from outlaws the amateur, investment $100 a share. The initial sales
23 February. Permanent collection the Albertina Museum Vienna drive was directed with a certain
22 January-13 April. 22 February-5 May. objectives are established with
LOS ANGELES Musée d'Art Moderne de Ia Ville de clarity and pursued with flamboyance not only to
Los Angeles County Museum of Paris 11 Avenue du President Wilson uninhibited rigour. Thus the Modarco's true market, 'the
Art 5905 Wilshire Boulevard (213-937 (0331-553 48 10). Tamayo : Mexican 'investors' purchase of art purely serious investor in stock and
4250). The Gilbert collection of painter to 2 February. Reichel : water- property markets who is seeking
monumental silver from 15 Jan colours to 9 March. Arman : 'Objets for its financial potential becomes
continuing indefinitely. armés' to 10 March. Deyrolle : abstract not only respectable but to diversify', but also, for good
NEW YORK art 5 February-23 March. Alechinsky: obligatory; to accommodate measure, to 'today's man of
Buecker Et Harpsichords 465 West 10 years of acrylic painting 13 February- means who can' - through
Broadway NY 10012 (212-260 3480). 6 April. Yona Friedman 5 February- subsidiary benefits such as Modarco - 'accommodate his
Outdoors-Indoors : recent work by 13 April. aesthetic satisfaction or historical
Colette, Fine, Healy, Mazzello, Uchima Orangerie des Tuileries Jardin des curiosity could jeopardize the personal interest in art'. This is
others 4 January-22 February. Tuileries (0331 -OPE 99 48). The Peggy success of what, in today's world, precisely what he cannot do
Gimpel 6 Weitzenhoffer 1040 Guggenheim collection to 3 March. through Modarco, whose
Madison Avenue NY 10021 (212-628 Galeries Nationales de Grand must be a truly single-minded
1897). Abe Ajay : paintings 7 January- Palais Avenue Winston Churchill enterprise. activities spin on quite
15 February. Kessler; Sandler: paintings (0331-260 39 26). From David to It was the 1960s of course that independently of today's man of
18 February-15 March. Delacroix: the French painter from 1770 means whether he is interested in
Guggenheim Museum 1071 5th to 1830 to 3 February. French became, for the investment world,
Avenue NY 10028 (212-EN9 5110). Neo-classicisme to 10 February the glamour-decade. Not only was art or not. Indeed, the fact is that
Max Ernst: retrospective to 23 March. Carpeaux: sculptures & sketches it a period of unprecedented the main body of investors in
Brice Marden 7 March-27 April. 1 March-5 May. prosperity but one in which a Modarco are unlikely to have any
Kornblee Gallery 58 East 79th Street real interest in art because if they
NY 10021 (212-UN1 4245). Michele rhythm of dramatic stock-
Amateau : abstract paintings to GERMANY exchange upswings became did they would doubtless feel,
30 January. BERLIN deceptively 'established'. It led to rightly or wrongly, that they
Landmark Gallery Inc. 469 Broome National Galerie 30 the overheated financial climate could do just as well for and by
Street NY 10013 (212-966 1173). Potsdamerstrasse 50 (030-260 92 62).
Sculpture show to 30 January. 4 artist David Black: sculptures to end January in which any streamlined new themselves.
show to 20 February. Tom Boutis 1975. Eduardo Paolozzi: retrospective investment formula was bound to Mr Ephraim Ilin is the founder
22 February-13 March. Sideo spring 1975. attract a new 'scientific' investor. and president of Modarco.
Fromboluti : paintings 15 March- Galerie Nierendorf
3 April. Hardenbergstrasse 19 (030-785 60 60). Perhaps the short-lived but Despite a successful career as an
Museum of Modern Art 11 West 53rd Otto Mueller: retrospective to 18 March. exuberant success of the huge industrialist and claims to being
Street NY 10019 (212-956 6100). COLOGNE mutual funds is a good illustration himself an art expert, as well as
Lee Friedlander : 50 photographs to Galerie Dreiseitel 5 kiln 1 of the times but a not totally undoubtedly possessing a real
9 February. Richmodstrasse 25 (0221-24 41 65).
Nancy Hoffman Gallery 429 West Max Ernst : Maximiliana to end January. dissimilar vehicle, the art gift for soliciting funds and
Broadway NY10012 (212-966 6676). investment company or art-fund, engaging the support of
DUSSELDORF
Howard Buchwald : paintings & Galerie Alex Vömel Königsalle 30 emerged at the end of the decade powerful backers, Mr Ilin was
drawings to 6 February. Peter Plagens : Kö-Center PavilIon (0211-32 41 22).
paintings & works on paper; Natalie Hans Tisdall : watercolours, gouaches & just in time to catch the coat-tails sensible enough to realize that a
Bieser : wall constructions & drawings oils to end January. of the 1960s speculative fever. little more was needed to
8 February-6 March. The art-fund was designed to do encourage investors to part with
FRANKFURT
SALT LAKE CITY Frankfurter Kunstverein Steinernes no more and no less than capture $3,000,000. To this end he
The University of Utah 104 Art Er Haus Markt 44 (611-28 52 82). Picasso : investment funds looking for accumulated a group of art
Architecture Centre (581 7332). Roy graphics to 1 Feb 1975.
de Forest : retrospective 12 January- HAMBURG profitable diversification. Art, to experts into a so-called
23 February. Kim Whitesides Hamburger Kunsthalle judge by the glittering independent panel which was
12 January-10 February. Alex Katz: Glockengiesserwall (040-24 82 51). documentation in the daily designed to satisfy the potential
prints: 17 February-31 March. 'Prints William Blake 5 March-10 April. newspapers at that time, had
from the Untitled Press' 2 March- MUNICH investor as to the quality of
13 April. Galerie Gunther Franke KG outstripped the share indexes merchandise that represented his
WASHINGTON D.C. Maximilianstrasse 22 (089-22 62 20). consistently since the early I950s company's inventory. Initially,
Corcoran Gallery 1 7th Street & New 'Artists of our time': 79 artists, work in and was therefore a booming however, there was criticism that
York Avenue (202-ME8 3211). Lee watercolours, drawings, graphics to
Krasner : drawings & collages to 1 February. sector. On the other hand it was Mr Ilin paid less than prudent
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