Their intricate carvings and various embellishments - adornments made from ivory, ornate lacquer work and, later, glass shelvings - reflect the elegance with which these decorative furnishings were associated. Although they were fairly uniform in structure and lacked the bright colors of modern-day furniture, case pieces and storage cabinets that date from the 18th century and earlier were often found in the homes of nobility. These robust bureaus or sophisticated chests of drawers were typically built from common woods, such as oak or walnut. The world's first storage cabinets, reportedly constructed in Renaissance-era Europe, were demonstrative of excellence in carpentry and the work of master carvers. That’s its second losing week in the last eight.Although traditionally used in the bedroom to store garments that would not be hung in a closet, an antique, new or vintage cabinet can easily find a purpose in rooms throughout your entire house. Higher yields helped pull the S&P 500 to a loss of 1.2% for the week. wholesale business remains under pressure.Ĭostco Wholesale fell 2.3% after reporting its growth in sales slowed in June from May. It cut its forecasted range for earnings for the full year, as its U.S. On the losing side of Wall Street was Levi Strauss, which tumbled 7.7% despite reporting slightly stronger profit for the latest quarter than analysts expected. The Russell 2000 index of smaller stocks rose 1.2%. economy than big multinational companies, smaller stocks are also viewed as more dependent on lower interest rates. Not only do investors see them as moving more closely with the strength of the U.S. Stocks of smaller companies also rose more than the rest of the market. It’s building factories and other expansions, and First Solar shares gained 3.3%. The higher crude prices also helped stocks of solar companies, which got an added boost after First Solar announced a $1 billion credit facility from a group of banks.
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