Word: deetjen
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Presumably, both the Fed and the Administration are very aware that a margin cut does not by itself produce any sustained market advance. ''People don't lack the money to buy stocks; they lack the desire," says Heinz Biel of Wall Street's Emanuel, Deetjen & Co. Many Wall Streeters, in fact, believe that most of last week's rally was just a continuation of one that started a week earlier, and they look for it to peter out somewhere between 600 and 635 on the Dow-Jones average. The margin cut has done nothing...
...Said Heinz H. Biel, partner of Emanuel, Deetjen & Co.: "The market is going up because it has taken some time for people to realize that the recession ended two months ago. The low point in the economy was reached in April, and pretty soon the statistics will prove it. The bear market is over...
...personal empire. In addition to running AVCO, he is a director in six other companies, has a chunk of stock in mammoth Standard Gas & Electric Co., of which he was once board chairman, and is a special partner in a brokerage house, Emanuel. Deetjen...
HARVARD COLBY McCaffery, c.f. r.f., McNamara McGrath, s.s. 3b., Deetjen Ticknor, l.f. c., Hedderics Rex, r.f. 2b., Ferguson DesRoches, 3b. s.s., Davon Mays, 2b lb., Plummer Wood, lb., p., Roberts Sheldon, c. l.f., Farhnam MacHale or Page, p. c.f., Pearson...
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