Tabell’s Market Letter – May 05, 1964

Tabell’s Market Letter – May 05, 1964

Tabell's Market Letter - May 05, 1964
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Walston &Co. —-Inc —- Members New York Stock Exchange NEW YORK SAN FRANCISCO LOS ANGELES PHILADELPHIA CHICAGO OFFICES COAST TO COAST AND OVERSEAS EDMUND W. TABELl'S RECOMMENDED LIST QUALITY & LONG TERM GROWTH Amerada Amer. Home P DuPont General Elec. Gulf Oil Close 5/5/64 837/8 661/2 262 821/2 QualComment Close Qual- 5/5/64 !!L Comment A Buy on dips. Norf. & West. 127 3/4 A Buy on dips. A Hold.. Penney,J. C. 517/8 A Hold A Hold Reynolds Tob. 481/4 A Buy on'dips. A Buy at 85-80. RoyalDutch 461/4 A Buy on dips. – -Std. Oil – jo- PRICE APPRECIATION ., Atchison, Top. Close Qual- 5/5/64 2!L Comment 28 3/8 A- Buy on dips. Beaunit Corp. 30 1/2 B Buy on dips. Clark Equip. 48 3/4 A- Buy on dips. Cluett Peabody 50 3/8 B Buy at 50-45 Cansol. Coal 51 3/4 A- Hold Copperweld Steel 50 B Buy, on dips. Denver, Rio G 20 3/8 B Buy at 20-18 Disney, Walt 46 3/8 B Buy on dlpS. Eaton 43 B Hold First Charter F 41 1/4 Buy on dips. Fruehauf Trail. 30 3/a B Buy on dips. Illinois -Central -5-9- 1/4-B-BifyOilaips; Int. Min. Chern. 74 1/4 A- Buy on dips. Kansas City So. 49 1/2 A- Buy on dips. Kerr McGee 41 1/8 A- Hold Korvette, E. J. 29 1/4 B Hold Libbey-Owens 58 3/4 A Hold McDermott, RJ 22 B Hold Midland-Ross 74 5/a B Hold for 92 Close Qual- 5/5/64 ity Newmont Min. 40 1/8 A- No. Amer. Car 29 1/2 A Penn. R. R. 30 1/2 B- Pure Oil 48 1/8 A Rayonier 36 7/8 B Reynolds Met. 39 B Riegel Paper 39 1/8 B Schlumberger 63 3/8 A Scoville Mfg. 35 3/4 B Southern Rwy 63 3/4 B Stevens, J. P. 36 3/4 B -StorerBroad. Sundstrand 21 3/a B Swingline A 34 l/a B Union Bag C 39 7/a B United Fruit 21 B U. S. Plywood 77 1/2 A- Univ. Oil Prod. 34 5/a B Varnado, Inc. 25 5/S Comment Buy on dips. Buy on dips. Buy on dips. Buy on dips. Buy on dips. Buy,on dips. Buy on dips. Buy on dips. Buy on dips. -Buy on dips. Buy at 35 -dips. Buy at 20-1 Buy on dips. Buy on dips. Buy on dips. Hold Buy on dips. Buy on dips. LOW-PRICED SPECULATIVE Close Qual- 5/5/64 Comment Amer. Metal Pr. 21 1/2 B Buy on dips. Amer. Radiator 23 B Buy on dips. Audio Devices .107/a B- Buy on dips. Braniff AirwiYs 19 B Buy on dips. Campbell Chib. 4 1/16 – Buy as Spec. EI Paso Nat! Gas 20 1/4 B Hold for 24 Foote Mineral 12 7/S B Buy at 11-10 Gt. West. Fin. 14 1/2 Buy on dips. Hewlett Packard 18 3/S B Buy on dips. Intern'l Packers 12 B Hold Mesabi Trust 15 7/S Buy on dips. Close 5/5/64 Microwave 9 5/a Mohasco 13 1/2 National Can 18 Pacific. Pete 12 3/4 Raytheon 20 5/S Reeves Bros. 15 3/4 Seaboard W. Air 7 Sperry Rand 16 1/2 Univ. Match 12 l/S Varian Assoc. 11 3/S Vulcan Mat. 14 Qual- Comment B Buy on dips. B Buy on dips. B- Buy on dips. B- Buy on dips. Buy on dips. B Hold for 24 C Buy on dips. B Buy on dips. B Buy on dips. B Hold B Buy on dips. May 5, 1964 This Bulletin IS not, and lIo.ler nu CIlCHmstanc('\. 10 he construc,l a …..UI ufTcI to III u sohutntlOfi to lillY tiny seeull(les referl cd to herem The mformation con- tained herein nul J.unranteetl as \h nccUiacy lr ltnd thr rlU thelcof h nul. lind under no clrcumstnnces IS to be construed ns, a representatIOn by Walston & Cu. Inc All CXPle..,wns of opinIOn HI c- subject chanJ,e 'Ithout lIuilec & Co, Jnl', and Offlet!rs, Directorll, Swckholdcrs and Employees thercof, DUlchnsc-, nnd Illny have nn III th(' H!lllrltH!' mentloncd hcrcm Thh Bulletlll IS Intendt(l lind merely as a S!eneral, mformlll commen tary lind not as 11 complete analYSIS Addlhonal InfurmatlOn With re;Jlect to any scnilitic- referred to herem Will be furnished upon request '11-916

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