Tabell’s Market Letter – April 01, 1965

W—-a–l-s-tIonnc–&—-C–o-. INVESTMENT BANKERS MUTUAL FUNDS MUNICIPAL BONDS Members New York Stock Exchange and Other Principal Stock and Commodity Exchanges OFFICfS COAST TO COAST AND OVERSEAS EDMUND W. TABELl'S RECOMMENDED LIST April 1,1965 This edition of our Recommended List gives long term technical upside objectives and indicated support levels in cases where such levels exist. An asterisk in the Upside Objective column indicates 'either'that the objective is ulfclear, or that the stock has not yet broken out of its base formation. Amerada Amer. Can GenII Elec. Gulf Oil QUALITY & LONG TERM GROWTH Close Qual- Upside Sup- 3/31/65 .!!L Obj. port 78 5/8 A 108-150 70-60 44 1/4 B 99 1/2 A 130 90-85 53 5/8 A 66-92 50-45 Close Qual- 3/31/65 .!!L Norfolk W. 129 1/2 A Reynolds Tob. 39 1/8 A Royal Dutch 41 1/2 A Upside Obj . 155-170 86 Support 125 39 PRICE APPRECIATION Close Qual- 3/31/65 .!!L Atchison, Top. 33 3/8 A- Beaunit Corp. 39 3/8 B Cenco Inst. 32 '1/ 4 B Clark Equip. 50 7/8 A- Clevite 42 1/2 B Cluett, Peab. 70 1/2 B Copperweld S 61 1/2 B Crowell ColI. 2S B Denver, R. G. 20 3/S B Disney, Walt. 53 3/4 B Eaton Mfg. 50 l/S B Elec. Stor. B 53 1/2 A- El Paso N. G. 21 3/4 B First Charter 22 3/4 Fruehauf 31 3/S B GenII Dyn. 37 1/4 Hewlett Pack. 24 1/4 B Illinois Cent. 54 B Int. Min. Chem. 53 A- Kansas City S 42 7/S A- Koppers Co 62 3/S B Korvette, E.J. 41 7/S B Litton Ind. S4 B Lykes Bros. 22 1/4 B Upside SupObj. port 46-52 28 57-60 42 60-84 40 57-100 – 92 70-94 45-58 26 2S-43 65-100 7S 56-SO 25-34 56-S4 7S-114 – 40 SO-100 60-S0 96-12S 32-60 Close Qual- 3/31/65 McDermott 37 7/8 B McGraw Ed. 63 1/4 A- Mesabi Trust 137/8 MGM 41 1/8 Metromedia 3S 7/S B Newmont M 49 A- No.Amer. Car 32 1/4 A Rayonier 42 B Raytheon 22 3/4 Reynolds Met.37 1/2 B Riegel Paper 22 3/S B Schlumberger 76 A Scovill Mfg. 47 1/2 B Shell Oil 5S 5/8 A Signode Corp 29 1/2 A- Southern Rwy 57 1/2 B Spartans Ind. 24 5/S Stevens;J. P 47 5/8 B Storer Broad. 50 B Sundstrand 21 3/S B Swingline A 42 1/2 B United Fruit 17 5/S B Vornado 46 7/S Vulcan Mat. 22 B Warner Bros.Co. 34 B Upside SupObj. port 48-80 70-80 22 70 64 62 26 53-60 36-3S 51-SO 34 90-130 '70-65 65 64-120 54-50 33-50 77-104 53-50 27-36 52-75 54-70 . 45 '50-70 54 2S 50 LOW-PRICED SPECULATIVE Close Qual- Upside Sup- . Close Qual Upside Sup- 3/31/65 Obj. port 3/31/65 .J!l Obj port Amer. Bosch 19 7/S 40-50 Mohasco 17 3/4 B 29 Audio Dev. 12 7/S Camp. Chib. 4 Foote Min. 19 1/2 Gt. West Fin. 10 3/4 Intern 11 Pack. 13 3/S Ling-Temco 24 l/S Microwave S 7/S BB B B .2.9 44-62 21 National Can 22 3/S Pacific Pete 11 1/s Sbd. W. Air 9 1/s Sperry Rand 14 Univ. Match IS 1/s Varian Assoc. 14 1/4 B B- C B B B 50-60 14-20 .- This Bulletin IS pubhshed for lour convenlt'ncc and Informntlon Rnd IS not Il.n ofter to Mil or a soluitRlion to bu) Rny securities discussed The informauon was obtained from bOUre'…… c heinvl! to IJf but v.e do not LtS IlCCUHI.CY. ,,'alston &. Co. Inc Rnd Its offkers, dlredoTs or eml11o)ees mny hl!.Ve an Interest In or pUr('h,lw 'lnil-.dl thc 'Ct\lTltieS rlfelrt'( to helt'ln. ,,-916 r.