Word: loaded
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...dismal until Charlie crossed the bridge to City Island, off the flank of The Bronx in Long Island Sound. Here there were bright, scrubbed storefronts, fishermen in slickers, the air of New England, and a ferry with a happy crew. Lloyd Roberts, an engineer, remarked on Charlie's load, "These passengers are the best. They don't pay, they don't talk back, and they are all one way." Last year 2,698 such passengers took the ferry from City Island across the 2/3-mile-wide channel to Hart Island, site of Potter's Field. In the past...
...month period ever. On Nov. 3 came the biggest one-day gain: 43.41, pushing the Dow to 1065.49. That broke the old record of 1051 set a decade earlier, in January 1973. A day later came the largest single day's trading volume: 149,350,000 shares, a load handled almost effortlessly by new computerized trading systems at the New York Stock Exchange and drastically modifying the definitions of what were "light," "moderate" and "heavy" trading days. From August through June, an average of 86 million shares was traded daily. A 50 million-share day is now regarded...
Many people, particularly in parts of the Sunbelt, still like drive-ins for most of the old reasons. On a good night, families bring lawn chairs to make themselves comfortable; affectionate teen-agers still cause the windows to steam up; and good ole boys still load up their pickups with coolers of beer. Paul Bierle, a Southern California truck driver, brags that he has not patronized an indoor theater for ten years. "You can't smoke in walk-ins," he says. "You can't put your feet up, and you can't talk." Nor, he might have...
...comes through with more loans, they will be only a stopgap. Brazilian officials are convinced that the only salvation is a fundamental restructuring of their debt. The average maturity of most loans was eight years, and 22% of the debt was due this year. The bulk of this load must be replaced, the experts argue, with long-term credit stretching over 15 to 20 years at reduced interest rates...
...huge question mark, however, still hangs over Ford: the $2 billion debt load built up during the lean years. Says Auto Industry Analyst Ann Knight of Paine Webber Mitchell Hutchins: "They can dig their way out of it, but the deterioration of their balance sheet is cause for concern." Yet after all those recent bad years, Ford is not thinking too much about the debt. With a few good years, the company could pay off its old loans-and more...