Tabell’s Market Letter – January 27, 1965

Walston &- Co. Inc INVESTMENT BANKERS MUTUAL FUNDS MUNICIPAL BONDS Members New York Stock Exchange, Chicago Board of Trade and Other Principal Stock and Commodity Exchanges OFFICES COAST TO COAST AND OVERSEAS EDMUND W. lABEll'S RECOMMENDED L1Sl QUALITY & LONG TERM GROWTH Amerada American Can General Electric Gulf Oil Close 1/27/65 84 3/4 44 97 3/4 59 1/2 Qual- A B-1A A Comment Hold Buy BUlondiPs. Ho d Close Qual- 1/27/65 J.!L Comment Norfolk & W. 136 A Buy on dips Reynolds Tab. 40 3/4 A Buy Royal Dutch 47 1/8 A Hold PRICE A PPREC IA TI ON Close 1/27/65 Atchison, Top. 33 1/8 Beaunit Corp. 37 7/8 Cenco Instrum. 29 1/4 Clark Equip. 50 1/8 Clevite 41 1/8 Cluett, Peabody 64 5/8 Copperweld Steel 59 1/2 Crowell Collier 28 5/8 Denver, Rio G 21 Disney, Walt 48 Eaton Mfg. 45 1/2 Elec. Star. Bat. 50 1/4 El Paso Nat! Gas 23 1/8 First Charter F. 22 1/4 Fruehauf Corp. 31.1/8 General Dynamics 37 1/8 Illinois Central 52 1/2 Intern'l Min. Chern. 47 1/8 Kansas City So. Ind. 43 3/4 Koppers Co 59 Korvette, E. J. 43 1/4 Qual- AB B AB-1B-1B B B-t B B AB B B AAB B Close Qual- Comment 1/27/65 ity Comment Buy on dips. Lykes Bros. 23 1/ 2 B Buy Buy McDermott 40 1/2 B Buy Buy McGraw Ed. 52 7/8 A- Buy Buyon dips Metromedia 38 1/8 B Buy Buy on dips oJMidland – Ros s 39 7/8 B Hold for 46-5 2 Buy on dips Newmont Min. 45 A- Hold Buy on dips No. Amer. Car 29 7/8 A Buy on dips Buy on dips Rayonier 42 3/8 B Hold Buy Reynolds Met. 33 7/8 B Buy Buy on dips Riegel Pape r 43 1/4 B-1- Buy on dips Buy on dips Schlumbe rger 75 A Buy on dips Buy Scoville Mfg 41 5/8 B Buy on dips Buy on dips Shell Oil 60 3/8 A Buy on dips Buy Signode Corp 28 A- Buy Buy Southern Rwy 58 7/8 B Buy on dips Buy Stevens, J. P. 45 1/2 B Buy on dips Buy on dips Storer Broad. 48 3/8 B Buy on dips Hold Sundstrand 21 5/8 B Buy Buy on dips Swingline A 41 1/2 B Buy Buy United Fruit 17 1/2 B Buy Buy Varnado 33 Buy LOW-PRICED SPECULA TIVE Close Qual- Close Qual- 1/27/65 ity Comment 1/27/65 ity Comment Amer. Metal Prod. 23 5/8 B Hold Mohasco 16 114 B Buy Amer. Radiator 21 5/8 B Hold National Can 17 3/4 B Hold Audio Devices 10 3/8 B- Hold Pacific Pete 11 1/4 B- Buy Braniff Airways 28 5/8 B Hold for 35 \AlRaytheon 23 5/8 Buy Campbell Chib. 4 1/4 Buy as spec. Reeves Bros. 24 3/8 B Hold for 26 Foote Mineral 18 5/8 B Buy Seaboard W'ld Air. 6 5/8 C Hold Great West Fin. 9 7/8 Buy vP Spartans Ind. 19 1/8 Buy Hewlett Packard 24 3/8 B-1- Buy Sperry Rand 14 1/8 B Hold Intern'l Packers 11 3/4 B Hold Univ. Match 14 5/8 B Buy 'v Mesabi Trust 14 5/8 Hold for inc. Varian Assoc. 14 1/2 B Hold Microwave 9 3/4 B Hold Vulcan Mat. 19 3/8 B Buy on dips January 27, 1965 This lhlilcttn nul nn.untlcr no Cll tl11nslanccs tu be constrtled a'o, an ..freL to 01 a o;nltcLtallon 10 blty IIny Heculltlell referl ed to herem The mformatlOn con tn1n('d herem lit l!unr,mtced as 10 nccura('y or complctenes… nnd the rUI nhhtn)! theLeof IS not, and undel 11 CIrcumstances IS to be construed as, II representatIOn by & Cu, Inc All (Xl,rl'!!!Jnq of OplnLOn ale subject tu chall!!e WIthout notl('l! nhllun &. Co, lfir, Hnd Offlccrs, DiretOfS, Swckholders and Employe(!s thercof, !,ulcitn'\c. o;ell nnd may have nn III the seCUrttLes mcnlwnc,l herein Thl, Bulletm IOJ mtend('d and presented m(reiy as mformal corpm(n- tary nnd not n… n comillete analYSIS AddItIOnal Informn\lon \\ Ith 10 nny SeCI.Illlte referred to herem Will be flu nlshed \lpon request, WM-916 –