Many years ago in London it was enstomary to hold ship auctions at Lloyd's Coffee House on Tower Hill, and a pin was thrust into a. lighted candle, about one inch from the.top. The last bid made before the pin fell out of the melting tallow was accepted. When this critical stage in the "candle auctions" —as they were then called—was reached, a deathlike calm came over the assembly to enable those present "to hear the via drop."
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Otago Daily Times, Issue 21992, 29 June 1933, Page 10
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78Untitled Otago Daily Times, Issue 21992, 29 June 1933, Page 10
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