Word: tipstering
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...popular 1929 tipster stock was International Rustless Iron, whose 5,000,000 shares bounced up and down like a rubber ball. The crash put a tarnish on International Rustless; in 1932 its stock kicked around at 15? a share. Among burnt stockholders were tall, rusty-haired Yale athlete Charles Shipman Payson. socialite and horse-lover, and sturdy, up-from-the ranks Clarence Ewing Tuttle, a banker engineer from Hastings, Minn...
Rhea did not want to be a tipster (though he did well by himself playing the market, averaged $436.19 gain for every $100 loss), but tipster he was to the public. Hundreds went to Colorado Springs to get advice from the great man. He arranged his invalid's schedule so that he worked early in the morning and late at night, was sound asleep when most people called. Soon he had 25 assistants, and his bedroom turned into a statistic factory. Sometimes he composed tirades against Franklin Roosevelt, which were incorporated in his market letters...
...Annenberg's total take from tipster sheets, racing wire services, pulp magazines and the Philadelphia Inquirer has made him probably the richest publisher in the U. S. Beginning as a Chicago newsboy, he worked into the circulation department of the Hearstpapers, became circulation manager of the old Examiner in 1904. The strong-arm tactics used in Chicago's circulation wars gave Moe Annenberg and his older brother Max (now circulation director of the New York Daily News) a reputation that has dogged them throughout their careers. Moe went from Chicago to Milwaukee, from Milwaukee to New York, where...
With his income from racing tipster sheets and a national leased wire service that furnished odds and payoff prices, Moe Annenberg branched out. He began publishing Radio Guide, Screen Guide, Official Detective Stories, Click. Three years ago he bought the respectable old Inquirer, and since then he has shown more & more reticence about his activities on the other side of the tracks. He has played the public-spirited publisher in Philadelphia by declaring the Inquirer's political independence, the honest-minded publisher by printing the news of his tax troubles on the front page...
...present and past of the world's pastimes, Sportswriter Menke devoted 20 years, poked his nose into 2,000 books, spent $8,000. The result is a 320-page history of recreation (covering almost 100 sports from roller polo to aviation), small enough to be carried in a tipster's hip pocket, informative enough to make a sports columnist out of a convent girl...