Word: bunkers
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...Angels and other decorative but childish froth, the network exploited what Hoffman calls "an era of escapism." Now, he says, "real life is once again the focus, and people want programs that reflect social problems and realistic human relationships." CBS had them: 60 Minutes, Lou Grant, Dallas, Archie Bunker's Place...
...lighter crudes, have a higher proportion of carbon atoms and fewer hydrogen atoms. Since the energy potential of oil depends on the number of hydrogens, 40% to 50% of a barrel of heavy oil comes out as low-energy, low-priced products, such as industrial fuel oil and bunker oil for ships. Getting more gasoline requires a multimillion-dollar investment in complex equipment to break down these heavy residual fuels...
...Nelson Bunker Hunt is lying low these days, which is not easy for the 275 Ib. Croesus, whose silver market setback last month triggered Wall Street's worst panic in nearly two decades. Hunt had tried to corner silver and been badly squeezed, when prices plummeted from $21.50 per oz. to $10.20 in less than four days. Early last week Hunt was tucking into a steak dinner in the Rib Room of London's Carlton Tower hotel when a Merrill Lynch customer's man seated near by spotted him. After Hunt had returned to his room...
Securities and Exchange Commission Chairman Harold Williams told the Rosenthal subcommittee that the SEC was investigating the relationship between the Hunt family and Bache Group Inc. Bunker Hunt and his brother own 6.5% of Bache, and did much of their trading through the firm. The brothers, for example, failed to disclose to the SEC, as required by law, that they owned more than 5% of a publicly traded company...
...investment. Because of new regulation over commodity exchanges in the U.S., the brothers have now moved much of their operations to the London silver market. One day last week the price of the metal on the London Metal Exchange shot up $3 per oz. amid rumors that Bunker was back in town...