Tabell’s Market Letter – April 15, 1963

Tabell’s Market Letter – April 15, 1963

Tabell's Market Letter - April 15, 1963 page 1
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-.– – — -,1 LOW- PRICED SPECULATIVE Close 4/15/63 0/0 Yield Comment Audio Devices 111/8 B- Hold Campbell ChibougamilU 3 7/8 C Hold Chicago & No. West Rwy 19 7/8 C Hold El Paso Natural Gas 18 3/4 B 5.3 Buy at 17-16 Hold Flying Tiger 11 5/8 C Hold —–Foote Mineral Great West Financial 10 1/2 23 7/8 B 0.9 Hold stk Hold — International Packers 16 3/4 B- 5.9 Hold for 23-25 Mesabi Trust 12 3/4 5.1 Hold for income Microwave 10 3/8 B Hold Murphy Corp. 18 3/4 2.7 Hold for 25 National Can 12 3/4 B- stk Hold Pacific Petroleum 12 1/8 B- Buy-Hold Reeves Bros. 141/8 B- 3.5 Hold for 21 Seaboard Finance 19 – —SperryRand ,–131/4-B. Hold for 22-24 –j- . Buy-Mold ,. April 15, 1963 Edmund VI. Tabe11 Walston & Co. ,Inc. 7'1 Wall Street New York 5, New York j J Close 4/15/63 Caterpillar Tractor 37 3/8 Corning Glass 166 1/4 Crown Zellerbach 55 1/2 DuPont 2393/8 General Motors 68 5/8 Gulf Oil 443/4 Mach. Minnesota Mining 61 7/8 Fenney, J.C. 487/8 Royal Dutch 49 3/8 Standard Gil of N. J. 67 5/8 Woolworth 75 AND LONG-TERM GROWTH 0/0 Quality Yield Comment A 2.7 Hold Buy at 35-33 A 1.2 Hold Buy at 150 A- 3.2 Hold Buy at 47 -45 A (a) 3.1 Hold BUY,at 230-220 A 4.4 Hold A 3.6 A 0.9 A ,1.4 Hold -.Hold for 49Q-500 '-, Hold-Buy at 55 A 3.1 Hold A 3.1 Hold A 3.8 Hold A- 3.3 Hold (a) Flus stock April 15, 1963 EDMUND W. TABELL'S RECOMMENDED LIST PRICE APPRECIATION Close 4/15/63 -d.uality 0/0 Yield Comment Air Products 57 3/4 B (a) 0.3 . Hold Allied Chemical 471/8 A- 3.8 Hold for55 Alside, Inc. 29 3/8 1.9 Hold Buy at 27-25 American Optical 631/2 B (a) 3.1 Hold for 75-80 American Viscose 617/8 3.2 Hold for 75-80 Atchison Topeka & S. F. 27 1/4 A- 5.3 Buy-Hold Beaunit Corp. 22 1/2 B 5.3 Buy-Hold Burlington Ind. 33 1/2 B 3.6 Hold-Buy at 28 Burroughs Chrysler – 291/2 -, 109-3/8 – B B- 3.4 Hold for 35 'Hold'for 120'— Cluett, Peabody 45 3/8 B 3.6 Hold for 53-55 Collins & Aikman 35 1/2 B 3.4 Hold for 40 Columbia Pictures 26 1/4 B stk Hold for 29 Consolidation Coal 413/4 A- 3.8 Hold-Buy at 37-35 Continental Insurance 61 7/8 (a) 3.6 Hold for 70-75 Electric Stor. Batt. 57 B 3.9 Hold Ex-Cell-O 407/8 A 3.9 Buy-Hold First Charter Fin. 43 1/2 stk Hold-Buy at '40-38 Fruehauf Trailer 29 3/4 B 5.0 Hold General Mills 37 1/2 A 3.2 Great Northern Faper 39 7/8 B 2.5 old for 50-55 Int'l Minerals & Chern. 50 3/4 B 2.8 Buy-Hold '. Int'l Tel & Tel. 47 3/8 B 2.1 Hold for 50-52 Kern County Land 75 1/2 A 3.1 Hold for 82-85 Kerr McGee 391/4 A- 2.5 Hold-Buy at 35-33 Korvette, J. 26 1/4 Hold for 35-40 Louisiana Land Exp. 82 3/4 A 2.7 Hold for 85-90 McDermott, J.Ray 28 1/2 3.2 Buy-Hold .- McKesson & – 46 5/8 – .,.,..A ..-….. – 3.2 -,Hold-Buyat 42,,,,,,,— Newmont Mining 73 5/8 A- 3.3 Hold No. American Aviation 64 B 3.1 ,Hold-Buy at 55 Northwest Airlines 48 3/8 B 2.1 Hold for 60 Panhandle Eastern 76 A- 2.9 Hold Raytheon Co. 23 5/8 B stk ,Hold for 35 Reynolds Metals Schlumberger 29 5/8 B 1.7 Hold-Buy at 25-24 69 3/4 1.4 Buy-Hold Stevens J. P. Union Bag-Camp 34 38 3/8 B B 4.4 Buy-Hold 3.9 Buy-Hold U. S. Plywood U. S. Vitamin 56 1/4 24 7/8 AA 3.5 Hold-Buy at 50-48 2.8 Hold for 30-32 Universal Oil PrOd. Varian Associates 33 3/4 28 B B 2.2 Buy-Hold Hold April 15 , 1963 (a) Plus stock dividend.

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