Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-12-09
LAWSON 5 BIG LOSSES
The Great Copper King Admits
Loss OF $4,000. 600 by Re.
cent Declines.
Enemies are Trying to Ac-
complish His Financial Ruin
on the Exchange.
Lawson is Defiant and Declares
He Will Never Give
Up stock.

Boston Mass, Dec. 9.-War of exter-
mination is being waged in copper.
| Thomas w. Lawson is the center
around which the fight revolyes.
Amalgamated was pounded down to
ITS lowest price Saturday, but Lawson
says he still holds his 100000 shares, and
declares he will hold them in the face
of all attacks. Lawson's pet stock,
Trinity, which sold at Il a few months
ago. was hammered down to 10, he being
too busy defending his Amalgamated
holdings to offer any support to Trinity.
Rumors that Lawson had failed were
Iindustriously circulated on the ex-.
changes at New York, Chicago and Bos-
ton, but he declares his ability to carry
the fight to the end and win with money
to spare.
The president of Boston bank close
to both interests says that Lawson DOR
rowed 81 ,0O0, 600 of Rogers, the Standard
Oil magnate, putting up his shares OF
Amalgamated stock az security, and
that it is this stock the Standard OH
Lawson asserts that the attacks on
him come from a Wall street Clique m
spired by personal animosity. he says
his building of the yacht independence
as candidate for defender OF the
America cup brought upon him the en-
nifty OF New York yacht club members
who are powers in the financial worto.
1t is considered as Significant ina.
James Stilman, one of the Standard Oli
leaders. was a member of the cup de-
fender syndicate. The attacks on Law
son stocks are said to come from stand
ard Oil forces.
While weak holders Of many copper
stocks are being shaken out, Lawson
says he will never let go of his holdings.
When the stock exchange closed Sat
urday afternoon Lawson. angered by
reports of his failure, which, he said,
have been "ingeniously invented in Bos-
ton. secretly sent to Chicago, ana in
dustriously sent back to New York, and
there openly stated on the floor OF the
exchange" made the following state
ment:
Il have not failed or assigned, do not
intend to. and have no reason to now OF
at any time.
II do not deny am losing money, and
losing it In chunks but ] have 1t to
lose. and when l get thru Will have
enough money left to buy at their esti-
mate and resell at mine those who areII
circulating these statements, and still
have something left"
Lawson thinks, there Is considerable
jealousy over the success of his stable
in the horse show, and that those who
are jealous have Joined the enemies he
made in yachting.
IF there could be such thing as
cunning out my holdings in horses,
said Lawson. II really believe the price
OF such animals would be greatly re-
duced. They are shooting at me from
every direction, but they can not get me
to unload any Of my copper holdings II
they continue the fight forever. am
In the game to stay"
do you still hold the 10000 shares OF
Amalgamated you We're quoted as. say
ing you did six weeks ago." was asked.
81 still have it, was the reply, and
I will have it no matter what moves are
made to force me to unload. They
haven't got me yet. and they won't get
pao