Market Review Average Down Fourth Week On Consolidation
The market entered a fourth straight week of consolidation with blue chips showing strength yet the overall list briefly fell post a top-heavy rally. Dow rose to 729.40 as big stocks led gains then faced a sharp one-day drop before partial recoveries. Long-term optimism remained for 1962 amid strong production data and SEC scrutiny of the market.
MENTIONED IN THIS ARTICLE
New York
American Telephone
Standard Oil
New Jersey
U.S. Steel
General Motors
Edward T. McCormick
American Stock Exchange
Securities & Exchange Commission
McCormick
Gulf American Land
Exchange
SEC
California man cleared of Dyer Act car theft charges
A nine woman and three man jury acquitted 26 year old Carl M Faulkner of Garden Grove California of Dyer Act car theft. He was accused of driving a stolen car from Garden Grove to Nogales Arizona on October 17 last year. Defense attorney Stanley Feldman and Assistant U.S. Attorney Jo Ann Diamos led the case in U S District Court Tucson.
MENTIONED IN THIS ARTICLE
California
U.S. District Court
Carl M. Faulkner
Garden Grove
Calif
Nogales
Ariz
Also Mentioned on This Page
Market Review
New York Stock Exchange
Associated Press
Webb & Knapp
Gulf Amer
Ican Land
Occidental Petroleum
Great Basins Petroleum
Stanrock Uranium
Unilever Ltd
Royal Dutch
Unilever N.V
General Telephone & Electronics
Alvin Bring
Brotherhood
Tunate
Tucson
Rotherhood
P.S
NERAL
S. Scott Avenue
Dial
Stanley Feldman
Asst. U.S. Atty
Jo Ann Diamos
Tucson Daily Citizen
The
Citizen Publishing Co
North Stone Ave
Arizona
Tucson Boys Chorus Lot
Swanway Plaza
C.O.D
Elgin Diamond Watch
Tyan
CS el Coh
Westclox
Fae Rass Se
Ayia
Eee Tut LLC
Sheaffer
RCO
BATS
Elginith
Elgin
Norelco
TIMEX
Amanott
Sunbeam Electric