Tabell’s Market Letter – July 16, 1964

Tabell’s Market Letter – July 16, 1964

Tabell's Market Letter - July 16, 1964
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Walston &Co. Inc. -,;-….;….;… Mem beTs 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 Close Qual- 7/15/64 ity Comment Amerada 82 1/8 A Buy at 80-75. American Can 46 B Buy Amer. Home Pro 68 3/8 A Hold DuPont 262 1/2 A Hold General Elec. 83 5/8 A Buy at 80-75. Gulf Oil 57 1/2 A Buy on dips. Close Qual7/15/64 Norf.& West. 138 1/4 A Penney, J. C. 57 1/4 A Reynolds Tob. 44 1/8 A Royal Dutch 46 1/2 A Std. Oil N. J. 88 1/2 A Comment Buy on dips. Hold for 65 Buy Buy on dips. Hold PRICE APPRECIATION Close Qual- 7/15/64 Atchison, Top. 35 1/4 A- Beaunit Corp. 33 1/2 B Clark Equip.. 53 1/8 A- Clevite 46 7/8 B Cluett, Peabody 54 7/8 B Conso!. Coal 50 1/4 A- Copperweld Steel 55 B Denver, Rio G 22 B Disney, Walt 44 B Eaton Mfg. 47 1/2 B First Charter F 33 3/8 Fruehauf Trail. 32 7/8 B Illinois Central 66 1/8 B Intern'l Min. Chern. 70 1/8 A- Kansas City So. 48 3/8 A- Kerr McGee 41 1/2 A- Korvette, E. J. 36 1/4 B McDermott, R. J. 27 7/8 B Midland Ross 37 3/8 B Comment Buy on dips Buy Buy at 50-45 Buy Buy at 55 -50 Buy at 50-45 Buy at 53-50 Buy on dips Buy on dips Buy on dips Buy on dips Buy Buy on dips Buy at 70-65 Buy at 48-45 Holdfar 48-52 Hold Buy Hold for 45 Close Qual- 7/15/64 Newmont Min. 37 5/8 A- No. Amer. Car 30 A Penn R. R. 34 3/4 B- Pure Oil 58 1/4 A Rayonier 36 B Reynolds Met. 36 3/4 B RIegel Paper 41 1/2 B Schlumberger 67 A Scoville Mfg 36 1/4 B Southern Rwy 69 3/4 B Stevens, J. p. 41 7/8 B Storer Broad. 45 7/8 B Sundstrand 21 B Swingline A 35 B United Fruit 22 3/8 B U. S. Plywood 34 1/4 A- Univ.Oil Prod. 343/8 B Vornado, Inc. 31 3/8 Comment Buy on dips Buy BUY'on dips Hold for 60-64 Buy at 35-32 Buy at 37-34 Buy at 40-35 Buy Buy Buy on dips Buy on dips Buy on dips Buy Buy Buy Buy on dips Buy on dips Buy on dips LOW- PRICED SPECULATIVE Close Qual- Close 7/15/64 Comment 7/15/64 Amer. Metal Pro 21 7/8 B Buy on dips Microwave 10 7/8 Amer. Radiator 22 3/8 B Buy Mohasco 13 1/2 Audio Devices 10 1/2 B- Hold National Can 18 Braniff Airways 24 1/4 B Hold Pacific Pete 12 7/8 Campbell Chib. 3 3/8 Buy as Spec. Raytheon 23 1/4 El Paso Nat! Gas 20 3/4 B Hold Reeves Bros. 18 Foote Mine ral 17 5/8 B Buy on dips Seaboard W. Air 6 3/8 Gt. West. Finan. 13 Buy on dips Sperry Rand 14 1/4 Hewlett Packard 19 3/8 B Buy on dips Univ. Match 13 1/4 Intern'l Packers 11 1/8 B Hold Varian Assoc. 11 1/4 Mesabi Trust 14 3/4 – Buy for income. Vulcan Mat. 16 1/2 Quality B B BB- B C B B B B Comment Hold Buy Buy Buy Buy Hold for 26 Hold Hold Buy Hold Buy July 16,1964 …. ThiS lIulletm IS not, ami Hn,lr III ell' I he 1t.,.1n olft', to ' II ..ht Illliion to) lmy ,my refer! eu tn h('lcm Th(' inf01 maluJIl cnn. talne, herr'ln IIllt by I;lun 8.. t…. Inc All l aCClIl,Il'V HI .lnri the rmlll-.hlll)t lhclcl)f lIt nd under IIU 1 to be cont.trucd a .. of (,,'inIOn .111 IllhJect to rh.lnj.('(' without & C Inc ,,d Offl'C'r;, …, SwekhuldC'n. and fmplo)et!I thC'rcor, Ilurehae, ,('11 nnd nlny hvc ,m 1I1t1'rC'llt III the '(lIrHIC nlpntlIlC' hClcm TIll … IS Intenderl and 11lC''''Cllted merely n; n RCneral. mformlll tary and not j, Addll\n.il mrrnlHlton \\Itlt re… pcrt In nny '('(!llltle… '('(CII 10 herein \1.111 he ftllll\hed 01)()n rc(uest WN-91.6 ..

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