Golden Calves

Louis Auchincloss. St. Martin's Press, $3.95 (0pp) ISBN 978-0-312-91487-5

In his 40th book, the author continues the fictional chronicles of the New York elitist establishment and their insidiously controlling power plays. ``Auchincloss is not as successful in portraying credible liaisons as he is in making real the ways in which art is big business,'' remarked PW. (Mar.)

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