Word: resoldering
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...homes showed that one heat sensor in every room provided only an 11% escape potential, while one smoke detector at each level of the house gave an 89% chance of escape. Many states and cities now require smoke detectors in all houses and apartments before they are sold or resold. The Federal Government will not approve a VA or FHA new housing loan unless the structure has detectors; Montgomery County, Md., will require all homes to be equipped with the sensors by July 1, 1978. Most new mobile homes have come equipped with the devices since 1973. Some major casualty...
...prices stocks that the sellers of the options did not own. As the deadline approached two weeks ago for the options to be exercised, the option sellers had to rush into the market to buy shares to cover their commitments. In turn, the buyers often turned right around and resold the same shares for an immediate profit. Another large group of stock buyers consisted of European investors. Calculating correctly that the U.S. economy is recovering from recession faster than the economies of their home countries, these foreign investors hurried to buy American stocks...
...officials did not question. After the financially strapped tenant let the house fall apart and moved out, the mortgage company would foreclose. It would then collect a fat check from the agency in repayment of the defaulted loan, leaving the FHA stuck with a house that could be resold only at a heavy loss...
...Klein bought it and resold it to the county legislature, which voted $60 million in 30-year bonds to acquire development rights. The cost will be borne by local residents, whose taxes will rise a few cents a year. Yet Suffolk's citizens have generally supported the bond issue because they stand to gain from preserving the farms. Some of those who will benefit...
...began rising in price even before the embargo, would be shipped, say, to The Netherlands Antilles, there to be blended with then cheaper Middle Eastern oil and shipped to the U.S. at the higher Venezuelan price. In a typical case, $6 residual oil, used to fire utility boilers, was resold at $ 17 and later soared to $23 and $24 during the embargo crisis. Another apparent pattern: passing oil through as many as half a dozen middlemen, some of them nonexistent "sham corporations "-with the price going up each time...