Four Famous Forecasting Factors

Four Famous Forecasting Factors by Carroll Tillman

Book Description: Economic Publications Incorporated, Boston, 1935. Soft cover. 8vo - over 7¾ - 9¾" tall. Softcover, Saddle stitch, trade paperback, Ivory card wrappers with black title to cover, internally pages are blue, 1935.  

Book Condition: Very good, covers rubbed, light soil and "Tillman Fin. Services" handwritten in black ink to front cover, light shelfwear, internally clean and free of marks, No dust jacket.  

Contents: Foreward, The Stock Market as a Place of Opportunity, How the Market is Measured for Its Technical Action, The Second Forecasting Factor, The Third Forecasting Factor, Major Trend Forecasting - The Fourth Tillman Factor, How the Investor Can Load, Aim and Fire as a Well Defined Target!, What the Tillman Survey Can Do For You, The Best Proof of All, Unsolicited Testimonials -- end.  

Summary: 31 page teaser by Carroll Tillman to promote subscriptions to "The Tillman Survey," "Tillman Survey Weekly Bulletins" and "Friday Night Auxiliary Wires."

About the author: Carroll Tillman published the first Tillman Survey in June, 1923 and this 1935 booklet boasts that Tillman was recognized as one of the country's foremost economist. The Tillman Survey was published for decades up until June 1962 when the SEC ordered proceedings to determine if Tillman and his partner John Francis Ryan Jr. engaged in "fraudulent and deceptive" acts and practices by publishing, circulating and distributing advertising material which was "lurid and flamboyant" and which contained untrue statements of material facts ans was otherwise false and misleading. The SEC dismissed the proceedings in a January 1965 newsletter. According to the order, Tillman died after the record was taken under advisement by the Commission. Subsequently, the SEC Staff and Ryan joined in a stipulation, supported by an affidavit by Ryan, reciting that Tillman was in charge of such advertising and that Ryan performed only ministerial duties with respect to it. (Today's tip, blame it on the dead guy) I'll also include copies of the two SEC newsletters cited above. Booksellers note: It's always interesting to me and often sad to see individuals like Tillman that even with all of their decades experience and knowledge never really learned how to trade successfully by the rules and "allegedly" had to resort to fraud to keep his business afloat.

Extremely Scarce Title, Collectible.  

Status: SOLD 21 July 2012 to Private Collector in New York