Word: storing
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Dates: during 1970-1979
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...pulls up to a corner in midtown Manhattan and lets out a dozen black-coated, bearded Hasidic Jews from Brooklyn. Others, similarly dressed, come pouring out of the subway entrance. Swiftly, the narrow, dirty street begins its daily transformation. Pale hands splay rainbows of gems across velvet cloths in store windows, magically making each an entrance to Ali Baba's cave. This is West 47th Street, a tiny world of its own that handles about half of the diamonds entering the U.S. Here brokers play middleman between American buyers and the supplying De Beers syndicate in London...
...brokers know each other by sight, if not by name. A set of electrically operated bulletproof glass doors leads to the room's lobby, and another automatic door, with the legend NO VISITORS ALLOWED, and operated by a guard, leads to the trading floor. As in every store and office in the area, there are plenty of closed-circuit cameras and hidden alarm switches. The windows are high, and there are dozens of 20-ft.-long tables, lit by fluorescent study lamps, where diamonds are inspected and traded...
...West, strip-mine operations have benefited from low labor costs and long-term contracts at profitable rates. But other companies have wound up merely digging up the coal and dumping it on the ground. Utility companies have stockpiled so much that many now have no more room to store the fuel. Meanwhile, the surplus is forcing down contract prices for single shipments, which have tumbled from about $31 a ton a year ago to as little...
...went hand in hand with a consensus among psychiatrists that state hospitals should be emptied of all but the most intractable and dangerous hard-core patients. The hospitals were jammed and poorly funded in most states. The idea was compelling: since psychiatric hospitals could presumably do little more than store patients, those who responded to the new antipsychotic medication could be released to their families and treated as outpatients. Under the Community Mental Health Center Act of 1963, 647 local centers have been set up to treat such "deinstitutionalized" patients, and also to bring low-cost care to the rest...
...than 2,200 rooms divided among the Sheraton-Maui, Royal Lahaina (the island's largest), Kaanapali Beach and Maui Surf hotels. Other Kaanapalitan lures include two championship golf courses (several couples each year get married on the 18th hole); 20 tennis courts; Whaler's Village, a 30 store shopping complex; and an airstrip from which Royal Hawaiian Air Service whisks the visitor in Cessna luxury to and from Honolulu. Henry A. Walker Jr., chairman and president of Amfac, Inc., owners of the resort, is developing a $4 million, seven-acre Hawaiian Sea Village, ressurrecting the islands' ancient...