Monday, Dec. 20, 1948

Ghost Laid

Wall Street's "Maggie & Jiggs" Forecaster Frederick N. Goldsmith, 83 (TIME, Sept. 27; Nov. 29) was permanently enjoined last week by the New York State Supreme Court from selling any more stock-market letters. The court ruled that as Goldsmith got his tips from the comic strips and departed spirits (instead of "recognized sources") and did not inform his clients of his sources, his letters were worthless.

This file is automatically generated by a robot program, so reader's discretion is required.