February 12, 1998
ELTON STEPHENS - INVESTMENT ADVISOR Page 1
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SPECIALIZING IN COMMON STOCKS - NYSE P.O. BOX 476
800-55-ELTON (35866) OR 219-291-3823 SOUTH BEND, IN 46624-0476
http://www.eltonstephens.com U.S.A.
BLUE CHIP STOCKS
ISSN # 0896-4904
Blue Chip Stocks Buys for the month of ** January **
The information given herein is taken from sources which we
believe to be reliable, but which we in no way can guarantee.
Name Price Div. Yield Earn. P.E. Range Buy
Auto Data Proc 59 7/8 .53 .9 1.86 32 62 11/16 - 40 1/2 1-1
Baltimore G & E 30 5/8 1.64 5.4 1.72 18 34 5/16 - 24 3/4 1-3
First Virginia B 49 3/4 1.12 2.3 2.45 20 53 3/8 - 33 1-9
CIGNA Corp 178 1/4 3.32 1.9 15.36 12 200 3/4 -139 1-10
Tootsie Roll Ind 67 5/8 .33 .5 2.44 28 67 5/16 - 37 13/16 1-10
Hubbell A 46 3/8 1.16 2.5 1.89 25 49 - 38 3/4 1-11
Hubbell B 49 5/8 1.16 2.3 1.89 26 52 3/4 - 40 3/4 1-11
Nat'l Fuel Gas 46 1.74 3.8 2.93 16 48 15/16 - 40 1/8 1-15
Hewlett-Packard 60 7/8 .56 .9 2.95 21 72 15/16 - 48 1/8 1-15
Circuit City Str 36 3/4 .14 .4 1.24 30 45 1/2 - 30 1-15
Bandag A Inc 51 5/8 1.10 2.1 3.34 15 54 3/8 - 45 1-19
Bandag Inc 56 5/8 1.10 1.9 3.34 17 59 5/8 - 46 3/8 1-19
North'n State Pw 53 1/2 2.82 5.3 3.21 17 58 7/8 - 44 1/2 1-20
Raytheon Co A 52 13/16 .80 1.5 2.25 23 57 - 44 7/8 1-29
Raytheon Co B 54 .80 1.5 2.25 24 60 9/16 - 41 3/4 1-29
Fort James 42 5/8 .60 1.4 1.54 28 47 1/8 - 27 1/4 1-31
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