Word: owners
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Dates: during 1970-1979
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...booths, profiteers have been offering deals on as much as half of Indonesia's total production, which local politicians are said to have got their hands on. Oil cargoes have been sold four and five times while the tanker was still on the high seas, and each subsequent owner has pocketed vast profits. At a dinner of the Institute of Petroleum in London two weeks ago, while guests sipped cocktails and swapped tales about their spot profits, one trader offered to sell a 50,000-ton cargo of heating oil at $260 a ton. Then he disappeared and discovered...
...bestselling portrait of Alaska, Coming into the Country, and other books, not only is a gentleman but a gourmet and a cook; he is also a compulsive describer. He compromised. In the Feb. 19 New Yorker, McPhee devoted a 25,000-word profile to his favorite restaurant, its pseudonymous owner-chef "Otto" and his sommelière-pâtissière wife, Latvian-born "Anne who is not known as Anne...
...number of only two years ago, it is the country's fastest-growing winter sport. "It is bigger than the bowling boom of the '50s, the tennis boom of the '60s and the running boom of the '70s," says Chicago's Morrie Mages, owner of the country's largest sporting-goods store, who has seen his sales of cross-country ski equipment increase fivefold in the past year alone. In California, ski resorts that two years ago had only 100 to 200 cross-country skiers a weekend, today may have 1,000. "It started...
...perhaps $2,700 for marina rental. In northern climes, electricity and heating fuel may add another $1,000 a year. Many marinas provide shower rooms, laundry facilities, security, and free parking. Says Jim Cole, head of special services at bustling Marina del Rey in Southern California, where the owner of a 30-ft. boat pays only about $100 a month: "You couldn't rent a flophouse for that kind of money...
...solid middle class, with a high proportion of divorced people (hence the number of boats with names like Second Life and New Beginning). At New York's 79th Street boat basin, skippers of the 80-strong year-round fleet include a drug-company officer, a masseuse, the owner of a thriving fashion firm, an inventor, a rabbi, an actress, a TV producer, advertising and insurance executives, a stock analyst, a nurse and a porno movie queen. Most started off by renting a boat for summer weekends. Then they became addicted, but kept an apartment as an anchor to windward...