61.   Latin American governments have been quick to allow derivatives trading where investors demand them.

62.   Less obvious, but probably more important, a single currency would eliminate the extra interest that investors demand for making loans in currencies that might be devalued.

63.   Lower bond ratings announced Friday can make it more expensive for the state to raise money because investors could demand higher interest payments as compensation for their increased risk.

64.   Lower credit ratings raise borrowing costs for states and municipalities as investors demand higher premiums for taking the added risk.

65.   Many California investors demand higher yields amid concern about cut-back in state funding to local government and agencies and educational institutions.

66.   Netscape Communications Corp. shares are expected to rise as investors demand a stake in the Internet market pioneer, analysts said.

67.   Now, investors are demanding that companies match those big gains in profits and shares, keeping up the pressure on corporate chiefs.

68.   Now that investors are demanding profitability, financing costs have climbed for these companies, most of which have yet to make money.

69.   Now, he says, investors may demand higher interest rates to offset the risk of similar claims.

70.   One leading investor demanded a special meeting of shareholders.