Tabell’s Market Letter – August 21, 1961

Tabell’s Market Letter – August 21, 1961

Tabell's Market Letter - August 21, 1961 page 1
Tabell's Market Letter - August 21, 1961 page 2
View Text Version (OCR)

, August 21, 1961 ; RECOMMENDED LIST OF STOCKS SELLING ABOVE 20.00 A SHARE EDMUND W. TABELL Close 8/18/61 American Airlines 24 1/2 American Broad. Fara. 45 3/4 American Metal Climax 36 1/2 American Optical 693/4 American Fotash & Chern. 56 3/4 American Smelt. & Ref. 66 3/4 American Stores 89 3/4 American Viscose 53 1/4 Anderson Clayton 42 3/4 Arkansas Louis.Gas 38 1/2 Atchison, Top. & S. F 27 1/8 Audio Devices 38 1/2 Barber Oil 57 Bestwall Gypsum 44 Boeing Airplane 55 1/4 Canadian Pacific 24 Carpenter Steel 47 3/4 Caterpillar Tractor 40 1/2 Central South West 42 7/8 Chicago & Northwest 21 3/8 Chicago Pneumatic Tool 33 1/2 Cluett Peabody 72 Colgate Falmolive 49 3/8 Collins & Aikman 38 Columbia Pictures 35 1/4 Columbian Carbon 69 3/8 Consolo Mining & Smelt. 24 1/8 Consolo Natural Gas 56 1/2 Continental Insurance 69 Daystrom 30 Deere & Co. 49 1/4 Diamond National 42 Dome Mines 24 3/8 Dominion Tar & 18 1/2 Eastern Gas & Fuel 40 1/4 Electrlc Storage Battery 56 3/4 EI Paso Natural Gas 263/4 Ex-Cell-O 41 3/4 FMC Corp. 80 7/8 Ford Motor 93 1/8 Freeport Sulphur 32 1/8 Chrrett Corp. 46 5/8 General Mills 36 1/2 General Precision Equip. 68 1/4 Goodrich, B. F. 75 1/4 Granite City Steel 48 Great NorthernPaper 58 1/2 Great Western Sugar 34 7/8 Haveg Industries 44 1/4 Hercules Powder 104 Heyden Newport 21 7/8 Holly Sugar 36 1/8 Ideal Cement 29 1/2 Insurance Co. of N .A. 1013/4 International Min. Chern. 48 1/8 WALSTON & CO.IN,C. I Original Recom. S&P Price Rating 24 B 45 3/4 B 24 5/8 B 54-50 B 427/8 B 55 1/8 B 74 (a) A 52 3/8 B 36 3/4 B 35 3/4 A- 25 7/8 A- 26 3/8 B- 67 1/4 (a) B 393/4 (a) 36 3/4 24 5/8 B 47 A- 30 1/2 A 40 1/4 A 19 1/2 C 28 3/8 B 56 3/4 43 5/8 B A- 43 B- 21 7/8 (b) B 52 1/2 B 203/8 B 51 1/8 A 63 7/8 45-43 B 52 3/4 B 35 1/2 B 25 1/8 18 3/8 B A- 29 3/4 B 54 B 28 B 35 3/4 A 60 3/4 A 69 1/2 B 24 7/8 51 7/8 A A- 32 3/8 A 56 B 63 1/4 A 37 1/2 B 57 B 29 B 34 5/8 (c) B 80 1/4 A 23 7/8 B 30 1/2 B 26 7/8 78 32 B Comment Buy-Hold Hold Hold for 48 Hold for 90 Hold for 63. Hold Hold for 95-100 Buy-Hold Buy-Hold Buy-Hold Buy-Hold Hold for 45 Buy-Hold Hold Hold for 65 Buy-Hold Buy-Hold Hold for 45 Buy-Hold Buy-Hold Buy-Hold Hold for 80 Buy-Hold Buy-Hold Hold for 45 Buy-Hold Buy-Hold Hold for 75 Buy-Hold Buy-Hold Hold Buy-Hold Buy-Hold Buy-Hold Hold for 50 Hold Buy-Hold Hold for 50-55 Hold for 90 Hold for 115-125 Buy-Hold Hold Buy-Hold Hold Buy-Hold Hold for 70 Buy-Hold Hold for 45 Hold for 54 Hold for 125 Hold Hold Buy-Hold Hold for 125 Buy-Hold —– … -2- Close International Tel & Tel Jewel Tea Johns Manville Kern County Land Kerr McGee Lone Star Gas Louisiana Land Explor. Magma Copper Marquette Cement McIntyre Porcupine Mesabi Trust . Microwave Associates Miss. River Fuel National Aviation Newmont Mining North Amer.Aviation Northern Natural Gas Northern Pacific R. R. Oklahoma Gas & Elec. Pacific Gas & Elec. Panhandle Eastern Pipe L Penney, J.C. Phillips Petroleum Pitney-Bowes Pittsburgh Plate Glass Pullman, Inc. Raytheon Reeves Bros. Reynolds Metals Richfield Oil Royal Dutch Seaboard Airline R. R. Seaboard Finance Southern Calif, Edison Southern Natural Gas Sperry Rand Sterling Drug Swift & Co. Tennessee Corp. Texas Gulf Sulphur Thompson -Ramo Wool. Twentieth Century-Fox United Air Lines United Biscuit United Shoe Machinery U .S.Borax U. S. Plywood U. S, Vitamin Varian Associates Woolworth, F. Vol. 58 5/8 70 68 1/8 68 1/4 47 5/8 25 1/2 73 3/4 59 1/2 61 1/2 44 11 5/8 38 38 1/2 31 72 3/4 547/8 39 1/8 43 42 83 1/8 45 3/4 48 3/4 63 1/2 58 3/4 65 1/4 37 1/4 43 1/8 21 7/8 46 1/4 42 7/8 32 1/8 29 22 1/8 75 45 1/4 27 3/4 92 445/8 61 25 3/4 58 1/4 35 1/2 47 1/8 36 3/4 641/8 43 3/4 49 1/4 40 3/4 533/8 75 1/8 Original Recom. Price 48 50 1/4 60 53 50 235/8 (c) 50 1/2 54 1/2 53 1/4 27 3/4 8 (d) 33 1/8 34 1/8 27 3/4 (e) 62 1/2 41 1/2 30 3/8 42 1/8 35 1/4 75 3/8 (d) 47 7/8 41 1/2 53 7/8 41 69 3/4 39 3/4 40 3/4 245/8 59 42 (c) 38 1/8 (a) 32 3/8 21 7/8 (a) 66 38 3/8 27 1/4 693/4 44 1/2 50 19 1/8 57 3/4 36 3/4 30 3/4 37 3/4 59 373/4 48 3/4 37 40 1/8 (d) 69 S&F Rating B Comment Hold for 75 A Hold for 80 A Buy-Hold A Hold for 85-90 A- Buy-Hold A- Hold for 33-35 A Hold for 85 B- Buy-Hold A Buy-Hold B Buy-Hold Hold for 18 Hold A Hold for 50 Buy-Hold A- Buy-Hold Hold for 65 A- Hold B Buy-Hold A- Hold for 54 A Hold A- Buy-Hold A Buy-Hold A Hold for 75 A Hold for 75 A Buy-Hold B Buy-Hold B Buy-Hold B- Buy-Hold B Buy-HOld A Buy-Hold A Hold B Buy-Hold Buy-Hold A Buy-Hold A- Buy-Hold B Buy-Hold A Hold for 105 B Buy-Hold A Hold for 85 B Buy-Hold A Buy-Hold B Buy-Hold B Buy-Hold B Buy-Hold B Hold B Buy-Hold B , Buy-Hold A Hold for 49 Buy-Hold A- Buy-Hold (a) – Adjusted for stock dividends. ,, (b) – If rights to buy Screen Gems at 9 were used, each 100 shares owns 20 shares Screen Gems now selling at 26, (c) – Adjusted for split. (d) – Adjusted for sale of rights and split. (e) – Adjusted for capital gains distribution.

Download PDF