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...sleek 12-meter yachts-named for a design formula, not their average length of more than 60 feet -are high-strung thoroughbreds that respond to the smallest calibration of sail cut, hull design or crew performance. Conner's backers raised upwards of $2.5 million, more than double the budgets of the other Cup contenders, enabling him to test both the brand-new Freedom and Enterprise (built in 1976) before settling on his final hull. Racing the two against each other, he logged more than 1,200 practice hours and tried out more than 100 crewmen. He was especially meticulous...
...that we associate with the best of friends. That is what made Sadat's and Canada's behavior so noticeable. The reason that Shakespeare had Mark Antony address his audience as "friends" before "Romans" and "countrymen" is that he knew how the heart leaps up at the smallest signs of brotherhood. Feeling more alone in the world than ever, we also leap at those signs...
...along with housing. Housing starts in April ran at an annual rate just above 1 million, close to the lows of the 1973-75 recession. The U.S. League of Savings Associations predicts that housing starts for the whole year will total only 1,050,000. That would be the smallest number since...
...then the MTC (carpenters, electricians and painters), the Harvard University Police Association, Locals 300 and 16b of the Graphic Arts International Union (bookbinders and lithographers), and finally Harvard's biggest union (Local 26 of the Hotel, Restaurant and Institutional Employees Union, representing dining hall employees) and the University's smallest union (Local 13 of the Boston Typographical Union) accepted the 10-9-8 proposal in turn...
Despite Congress's decision six years ago to permit U.S. citizens to hold gold for the first time since 1933, few Americans were able to buy domestic gold. The smallest quantity offered by the Treasury Department in its monthly auctions before they were canceled last October was a 300-oz. bar that sold for as much as $118,000. A Midas with a smaller touch usually turned to the popular 1-oz. South African Krugerrand, which sells for about $25 more than the spot price for gold (last week's closing: $510). Throughout the years the South Africans...