New York is picture perfect

A tale of lost property fortuitously recovered has proved there is at least one good heart in New York.

The item in question was a large portfolio that William Bailey, a picture framer, absent-mindedly left leaning against a pillar in a subway station.

The portfolio disappeared and Mr Bailey, 63, panicked. And so he might have done. It contained a Picasso print of two men sitting on a bench and a study of Picasso's Guernica, drawn by Sophie Matisse, the great-granddaughter of Henri Matisse.

He let the media know of his plight and offered a $1,000 (£600) reward.

Two homeless men handed the portfolio to a second-hand book dealer, Paul Abi Boutros. His wife heard of the reward, and picture-framer and pictures were reunited.