Flash from Fleet Street: The British tabloid The Daily Mail is reporting that Prince Rainier of Monaco, whose wife Princess Grace died in a car crash five years ago, plans to marry German-born society figure Princess Ira von Furstenberg later this year.

The newspaper reported that Christoff Hohenlohe, 31, said his 47-year-old mother would marry the 64-year-old Rainier before the end of the year in a quiet ceremony in the tiny Mediterranean principality. Rainier has been married only once. Von Furstenberg was first married to Prince Alfonso von Hohenlohe at 15 and divorced at 20. She remarried at 21 and divorced again three years later. There was, of course, no comment from Monaco about the potentially pending nuptials. Time will tell how accurate this prediction is for the diminutive prince, who is said to be lonely and considered a great catch. Out and About Architect Frank Lloyd Wright, who was notorious for running out of money and not paying his bills, would have been delighted to know that a dining table and eight chairs he designed in 1903 sold Saturday at Christie's auction house in New York for $594,000, a world record auction price for a 20th-century object. It was also a record for a piece of 20th-century furniture and for a single work by Wright. It was revealed that the winning bid for the table and chairs was from the Hirschl and Adler Galleries of New York. The gallery was not available for comment. Thomas Monaghan, owner of the Domino Pizza chain and the Detroit Tigers -- an avid Wright collector -- paid $264,000 for a Wright nine-drawer chest ...

Desi Arnaz left the bulk of his substantial, although undisclosed, estate to the two children he had with his first wife, Lucille Ball, his costar in the enduring "I Love Lucy" television series, which has earned 30 years of residuals. Arnaz, who died of lung cancer in December at age 69, left $250,000 to his 91-year-old mother and the rest to the children, Lucie Arnaz Luckinbill and Desi Arnaz Jr. Building on the "I Love Lucy" gold mine, Arnaz developed Desilu productions into a company that handled a number of successful shows. When the couple divorced after 20 years of marriage in 1960, Ball purchased half of Desilu for $60 million ...

Hospital Report: Famed porn star John Holmes, who claims to have had sex with 14,000 women during his 18-year career, is recovering from surgery for cancer of the colon. A spokesman for the 44-year-old performer said Holmes will never make an X-rated film again. He denied rumors that the actor is suffering from AIDS and added, "He's not bedridden and he's not dying." The spokesman said Holmes will remain in the pornographic film industry and will specialize in distribution. Holmes retired from action, he said, because "he's been tired for a long time, but it's really tough to stop doing something that you've been doing for years" ...

The Rev. Billy Graham, who has avoided speaking out in the PTL controversy, seems to be ready to talk. While preparing for a three-day crusade at North Dakota State University he said that he considers himself an evangelist, while most of the preachers involved in the controversy are not. "I met Jerry Falwell twice, I met Jim Bakker twice," he said. "That's not exactly the group that I move with. I have spent most of my time with the mainline churches in our crusades." Then he added, "I have more to say, but I'll say it later somewhere." You can bet all the television talk shows and interview shows will be on the phone offering him a forum ...

Actor Paul Newman is a man of few words. He was in Detroit this weekend for the Motor City 100 Trans-Am race, and in what must be an especially boring ritual for him by now, a reporter asked why the 62-year-old actor-director competes in such a dangerous sport as auto racing at his age. Newman smiled and replied: "That's about a 25-minute question. It's the money. I can't find a good script" ...