March 4, 1999
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 ** March **
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
Indiana Energy 20 1/16 .93 4.6 1.20 17 26 3/8 - 19 1/8 3-1
Donnelley RR 32 15/16 .84 2.6 2.08 16 48 - 32 15/16 3-1
Rohm & Hass 30 7/8 .72 2.3 2.52 12 38 7/8 - 26 3-1
Wachovia Corp 85 1.96 2.3 4.18 20 96 13/16 - 72 7/8 3-1
Helmerich & Pay 17 5/16 .28 1.6 1.69 10 34 - 16 3-1
Carlisle Cos 41 1/4 .64 1.6 2.69 15 53 1/16 - 32 9/16 3-1
Illinois Tool Wk 67 1/16 .60 .9 2.67 25 73 3/16 - 45 3/16 3-1
Deluxe Corp 33 1.48 4.5 1.80 18 38 3/16 - 26 1/16 3-6
Anheuser-Busch 76 15/16 1.12 1.5 2.48 31 79 1/2 - 45 1/16 3-9
Norfolk South'n 27 7/8 .80 2.9 1.93 14 41 3/4 - 26 3/8 3-10
La-z Boy 18 5/16 .32 1.7 1.07 17 22 5/8 - 14 1/8 3-10
Utilicorp United 34 9/16 1.80 5.2 2.34 15 39 15/16 - 33 3/4 3-12
UST Inc 27 7/16 1.68 6.1 2.44 11 35 11/16 - 24 9/16 3-14
First Union Cp 52 1/4 1.88 3.6 2.95 18 65 15/16 - 40 15/16 3-15
Kellogg Comp 36 1/2 .94 2.6 1.23 30 44 13/16 - 28 1/2 3-15
Dean Foods 34 7/8 .84 2.4 4.53 8 58 - 33 3/8 3-15
Supervalu Inc 22 7/8 .53 2.3 1.54 15 28 15/16 - 20 3/16 3-15
Temple-Inland 59 1.28 2.2 1.69 35 67 1/4 - 42 11/16 3-15
Sun Trust Banks 66 7/16 1.38 2.1 3.41 19 87 3/4 - 54 3-15
Hershey Foods 61 1/16 .96 1.6 2.38 26 76 3/8 - 54 1/8 3-15
Seagram Co LTD 45 11/16 .66 1.4 5.64 8 50 1/4 - 25 1/8 3-15
Dover Corp 34 1/8 .42 1.2 1.69 20 39 15/16 - 25 1/2 3-15
Duke Energy 57 1/16 2.20 3.9 3.42 17 71 - 55 3-16
WPS Energy 30 3/16 1.98 6.6 1.76 17 37 1/2 - 29 5/8 3-20
Engelhard Corp 18 1/4 .40 2.2 1.29 14 22 13/16 - 15 3/4 3-31
Progressive Cp 137 7/8 .26 .2 6.11 23 174 1/4 - 94 3-31
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