Tabell’s Market Letter – March 05, 1962

Tabell’s Market Letter – March 05, 1962

Tabell's Market Letter - March 05, 1962 page 1
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March 5, 1962 RECOMMENDED LIST OF STOCKS SELLING ABOVE 20.00 A SHARE EDMUND W. TABELL WALSTON & CO. INC. American Smelt. & Ref. American Viscose Anderson Clayton Atchison, Top. & S. F. Audio Devices Beaunit Mills Bendix Corp. Burroughs Corp. Canadian Pacific Caterpillar Tractor Chicago & Northwestern Chicago Pneumatic Tool Cluett Peabody Colgate Palmolive Columbia Pictures Consolo Mining & Smelt. Consolidated Natural Gas Consolidation Coal Continental Insurance Crown Zellerbach Diamond Na tional Dome Mines Dominion Tar & Chem. Electric Storage Battery EI Paso Natural Gas Ex-Cell-O General Mills Goodrich, B. F. Great Northern Paper Great Western Sugar Gulf Oil Holly Sugar Insurance Co. of N. A. International Min. Chem. International Tel & Tel Johns Manville Kern County Land Kerr McGee Louisiana Land Explor. Close 3/2/61 60 3/8 57 1/4 47 1/4 27 l/a 20 25 3/4 70 3/4 45 1/4 24 3/4 40 1/2 20 1/2 29 7/ a 94 51 1/4 27 21 3/8 61 1/4 44 69 1/2 56 50 25 1/2 19 1/8 53 247/a 46 29 5/ a 64 3/4 58 1/4 35 7/8 43 3/4 35 5/8 99 53 3/4 55 1/8 55 7/a 90 43 5/8 72 1/2 Original Recom. Price 55.1/8. 52 3/a 36 3/4 25 7/a 26 3/a 25 l/a 70 3/4 45 1/4 24 5/8 30 1/2 19 1/2 28 3/S 56 3/4 44 20 3/a (a) 20 3/a 51 l/S 43 7/a 63 7/S 56 35 1/2 25 1/8 18 3/8 54 2S 35 3/4 32 3/8 64 7/8 57 29 39 30 1/2 78 32 48 60 53 50 50 1/2 S&P Rating B B B ABB A B B A C B B AB B A A- AB B AB B A A A B B A B B B A A A- A Comment Hold Buy-Hold Buy-Hold Buy-Hold Hold for 32 Buy-Hold Buy-Hold Buy-Hold Buy-Hold Hold for 45-50 Buy-Hold Buy-Hold Hold Hold for 65-70 Hold Buy-Hold Hold for 70-75 Buy-Hold Hold for 80-85 Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Hold for 50-55 Buy-Hold Buy-Hold Buy-Hold Hold for 45 Buy-Hold Hold Hold for 120 Buy-Hold Buy-Hold Buy-Hold Hold for 95-100 Buy-Hold Hold for 95-105 Close 3/2/61 -2- Original Recom. Price S&P Rating Comment McDermott, Jo Ray 32 1/2 McIntyre Porcupine 47 7/8 Mesabi Trust 13 1/2 Microwave Associates 27 7/8 Murphy Corp. 28 1/8 Newmont Mining 84 3/8 North Amer. Aviation 69 1/2 Northern Pacific R. R. 41 3/4 Panhandle Eastern P. L. 54 1/2 Penney, J. C. 47 5/8 Phillips Petroleum 5,6 7/8 Pittsburgh Plate Glass 64 1/2 Pullman, Inc. 37 3/4 Raytheon 36 7/8 Reeves.Bros. 19 7/8 Reynolds Metals 36 7/8 Royal Dutch 39 3/8 Schlumberger, Lotd. (d) 89 1/2 Seaboard Airline, R. R. 31 Seaboard Finance 21 3/4 Sperry Rand 22 Stevens, J. P. 35 Swift & Co. 48 7/8 Union Bag-Camp Paper 43 1/8 United Biscuit 45 United Shoe Machinery 68 1/2 \, U. S. Plywood 49 7/8 U. S. Vitamin 40 1/8 Varian Associates 42 Woolworth, F. W. 83 7/8 30 (b) 27 3/4 73/4(c) 33 1/8 28 62 1/2 41 1/2 42 1/8 47 7/8 41 1/2 53 7/8 69 3/4 40 1/8 40 3/4 24 5/8 59 44 (b) 90-86 32 3/8 22 1/4 (b) 27 5/8 32 3/8 44 1/2 43 1/8 37 3/4 59 48 3/4 37 39 3/4 (c) 69 B A- B AA A A B B BB A B B B B B B B B B A A- Buy-Hold Hold for 60 Hold for 18 Hold Buy-Hold Hold Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Hold Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold Buy-Hold 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 21 1/8. (b) – Adjusted for stock diviJends. (c) – Adjusted for sale of rights and spi it. (d) – Exchanged for Daystrom.

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