Tabell’s Market Letter – October 12, 1965

Tabell’s Market Letter – October 12, 1965

Tabell's Market Letter - October 12, 1965
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– Walston &Co, Inc INVESTMENT BANKERS MUTUAL FUNDS MUNICIPAL SON OS Members New York Stock Exchange and Other Principal Stock and Commodity Exchanges OFFICES COAST TO COAST AND OVERSEAS TABEll'S RECOMMENDED LIST October 12, 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 unclear, or that the stock has not yet broke ouLoLits.base.1.or.ma.tion ….Wher.e a stock is recommended mainly for yield and moderate price appreciation, the present yield is noted below. QUALITY & LONG 10/11/65 ity Alum. Co. Amer. 68 1/4 ArneI'. Can 561/2 ArneI'. T & T 671/4 Chesa. & Ohio 773/8 B B A B Gulf Oil 585/8 A Upside-Sup Obj. port 65 60-77 50-45 65-62 100-150 70-65 63-92 55-50 TERM GROWTH CloseQualUps-ide-,-Sup 10/11/65 Int'l Paper 31 1/8 A Obj. port 30-28 Nat'l CashR. 77 1/2 A 144 75-70 Radio Corp. 485/8 A 57 Reynolds Tob.44 1/4 A Yield 4.20/0 Royal Dutch 41 1/4 A Yield 4.30/0 PRICE APPRECIATION Close Qual- Upside Sup- 10/11/65 J!I. Obj. port Amer. Hosp.S 367/8 A- 53 ArneI'. Potash 381/4 B 60 34 Atch. Top.S.F. 33 1/2 A- Yield 4. 80/0 Auto.Canteen 263/4 B 42 22-20 Beaunit Corp. 45 3/8 B 57-60 40-38 34-1 /.8-B–42 Clevite 503/8 B 57-100 40 C1uett Peabody 787/8 B 90-95 Copperweld S. 343/8 B 47-52 30 Crowell ColI. 41 1/4 B 48-64 34-32 Denver, R. G. 20 3/8 B Yield 5.00/0 Disney, Walt 50 B 65-100 47-45 Eaton Mfg. 54 B 78 50-45 EI Paso N.G. 21 1/8 B Yield 4.80/0 First Charter 25 36 23-20 Gen'l Dynamics 48 56-88 42-40 Hewlett Pack. 37 1/2 B 41-59 Illinois Central 60 B Yield 4.00/0 Inter. Motor F. 32 1/2 B 45 29-27 Kansas City So. 40 A- Yield 5.00/0 Koppers Co 65 1/2 B 80-100 Close Qual- 10/11/65 J.!L Korvette 373/4 B McDermott 45 B McGraw Ed. 39 A- Mesabi Tr. 141/4 Metro. Gold. 41 … Revlon 441/2 A- Reynolds Met. 44 1/2 B Riegel Paper 22 1/8 B Schlumberger 681/2 A Scovill Mfg. 56 B Shell Oil 66 A Signode 297/8 A- Southern Rwy 55 1/2 B Spartans Ind. 383/4 Sundstrand 30 1/8 B Swingline 56 B United Fruit 26 1/4 B Vulcan Mat. 20 3/8 B Wallace & T. 37 1/4 A- Warner Bros.Co 377/8 B Upside SupObj. port 46 32-30 58-80 40-38 60 35-30 Yield 5. 60/0 34-30 56-94 40-35 34 18 90-130 65-60 65 50-45 75-120 60 40-50 25 Yield 5. 00/0 44 44-70 25-23 70 30 20 28 43-63 48 30 LOW-PRICED Close Qual- 10/11/65 Amer.Bosch 23 3/8 Audio Devices 20 1/8 B- Camp. Chib. 4 1/2 Foote Mineral 20 5/8 B Gt. West Fin. 12 3/8 Ling Temco 30 Upside SupObj. port 40-50 20-18 30-40 15 26-29 19-17 18 35-62 25-22 Close Qual- Upside Sup- 10/11/65 J!I. Obj. port Microwave 20 1/2 B 38-48 Mohasco 22 B 29 Nat'l Can 26 1/4 Pacific Pete 10 1/4 B 50-60 B- Sbd.Wld.Air 111/8 C 14-20 9-8 Univ. Match 18 B 28-57 Varian Assoc. 24 1/4 B 37 Thls Bulletin 1; for our ronvcm.. nr, .,nll In(ormallon And Il not lin oft'r to wll or n sohclt-ttlon to hu !l'cuntll.-'S The mformRtlon WitS obtained from bourC( '-'(. hdllvc 10 .. lellIlhlt hut W' do not )luarltnt'.' Its o\('(,UI,I(,) WIII'lton & Co., Ine an.1 it'l oRinr.., (lnectors or emtllot'es rna) hRve an Interest In or purch,u,c I\n41 M'Il tht 'CI'Ulltll''! ref. rJt'4! to hl'rln WN-9i6

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