Tabell’s Market Letter – December 29, 1961

Tabell’s Market Letter – December 29, 1961

Tabell's Market Letter - December 29, 1961 page 1
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December 29, laSl RECOMMENDED LIST OF STOCKS SELLING ABOVE 20.00 A SHARE EDMUND W. TABELL WALSTON & CO. INC. Close 12/29/61 American Metal Climax 38 3/4 American Optical 75 American Smelt. & Ref. 62 1/2 American Viscose 52 7/8 Anderson Clayton 46 1/4 Atchison, Tcpeka & S. F. 27 1/8 Audio Devices 23 1/2 Boeing Airplane 50 1/8 Canadia'n acific 24 7/8 Carpenter Steel 44 1/4 Caterpillar Tractor 38 1/4 Chicago & Northwest 20 3/4 Chicago Pneumatic Tool 29 3/4 Cluett Peabody 88 3/4 Colgate Palmolive 54 Columbia Pictures 28 1/2 Consolo Mining & Smelt. 23 3/8 Consolidated Natural Gas '60 1/4 Contirleutal Insurance 69 7/8 Daystrom 41 Diamond National 52 1/2 Dome Mines 265/8 Dominion Tar & Chemical 17 7/8 Electric Storage Battery 48 1/2 1 Paso Natural Gas 25 7/8 Ex-Cell-O 41 General Mills 33 7/8 Goodrich, B. F. 71 7/8 Granite City Steel 48 3/4 Great Northern Paper 55 1/2 Great Western Sugar 34 1/2 Holly Sugar 36 5/8 Insurance Co. of N. A. 104 1/2 International Minerals Chern. 47 International Tel & Tel 58 1/8 Johns Manville 57 Original Recom. Price 24 5/8 54-50 55 1/8 52 3/8 36 3/4 25 7/8 26 3/8 36 3/4 245/8 47 30 1'/2 19 1/2 28 3/8 56 3/4 43 5/8 21 7/8 (a) 203/8 51 1/8 63 7/8 45-43 35 1/2 25 1/8 18 3/8 54 28 35 3/4 32 3/8 63 1/4 37 1/2 57 29 30 1/2 78 32 48 60 S&P Rating B B B B B A- B- B A- A C B B AB B A B B B A- B B A A A B B B B B B A Comment Hold for 48-52 Hold for 90 Hold Buy-Hold Buy-Hold Buy-Hold Hold for 32 Hold for 55- 60 Buy-Hold Hold for 50-55 Hold for 45-50 Buy-Hold Buy-Hold Hold Hold for 65-70 Hold …. Buy-Hold Hold for 75 Hold for 80- 85 Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Hold for 50-55 Buy-Hold Hold for 90 Hold for 55-60 Buy-Hold Hold for 45 Hold Hold for 120 Buy-Hold Hold Buy-Hold Close -12-/29-/6-1 Kern County Land 77 3/4 Kerr McGee 41 1/4 Louisiana Land Explor. 74 1/8 McIntyre Porcupine 44 1/4 Mesabi Trust 14 1/8 Microwave Associates 36 1/4 Mississippi River Fuel 39 'I!ewmont Mining 74 1/4 Not'fh Amer. Aviation 61 Northern Pacific R. R. 42 1/4 Panhandle Eastern p. L. 52 Penney, J. C. 50 1/4 Phillips Petroleum 58 Pitney- Bowes 61 1/2 Pittsburgh Plate Glass 65 Pullman, Inc. 38 Raytheon 37 5/8 Reeves Bros. 18 Reynolds Metals 38 1/2 Royal Dutch 343/4 Seaboard Airline R. R. 27 5/8 Seaboard Finance 23 Sperry Rand 23 7/8 Sterling Drug 87 3/4 Stevens, J. P. 34 1/4 Swift & Co. 43 1/8 United Biscuit 46 United Shoe Machinery 69 3/4 U. S. Plywood 48 1/4 U. S. Vitamin 38 3/4 Varian Associates 447/8 Woolwortp., F. W. 92 1/2 -2- Original Recom. Price -8&1 Rating 53 50 50 1/2 27 3/4 8 33 1/8 34 1/8 62 1/2 41 1/2 42 1/8 47 7/8 41 1/2 53 7/8 41 69 3/4 39 3/4 40 3/4 24 5/8 59 381/8 (b) 32 3/8 21 7/8 (b) 27 1/4 69 3/4 32 3/8 44 1/2 3731A 59 483/4 37 401/8 (c) 69 A AA B A A- B AA A A A B B BB A B B A B B B B B A A- Comment Hold for 85-90 Buy-Hold Hold for 90-100 Hold for 60 Hold for 18 Hold for 50 Hold Hold Hold Buy-Hold Hold Buy-Hold Buy-Hold Hold for 75 Hold Hold Buy-Hold Buy-Hold Buy-Hold Hold Buy-Hold Buy-Hold Buy-Hold Hold for 105 Buy-Hold Buy-Hold Hold Buy-Hold Buy-Hold Hold for 48-50 Hold for 55- 60 Buy-Hold (a) – If rights to buy Screen Gems at 9 were used, each 100 shares owns 20 shares Screen Gems now selling at 22 1/2. (b) – Adjusted for stock dividends. (c) – Adjusted for sale of rights and split.

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