The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1904-12-09
An Anxious Morning.

About midday the bottom was reached
and after one-thirtya rapid recovery be-
gan. AZ * a }@
An Anxious Morning.
Panic was slyertcd. but It was too close
to cause anything but q most anxious
II any Of the great houses had gone
to the wall no amount of support could
have avcrtcd q panic, ana three o'clock
brought feeling of relief. 81
talking over tho situation. after the close
OF the market, said that he thought
stocks would be unsettled for several
days, and that the professional traders
would find them an easy mark until the
market had5an opportunity to settle.
IA high financial authority In New York
had 'nhoned him that the situation had
no alarming features and that the pros
Gperity OF the country was such that he
looked for higher prices than those that
prevailed before the recent break. a3 30
Money went no higher than L. per
cent.Sand there was no difficulty in Rich
mond in borrowing at tho usual rate on
approved securities
bly, Missouri Pacific that opened at 107 8 4,
dropped TO 1O3 and closed at 1O7 1-2. Erie
Common opened at 81 81, fell to. 81 Is;
and closed at the opening Chemical com
quarters higher than the opening. The
Steel stock recovered practically all their
loss. ms indeed did practically every stock
con the list.
Even 4Amalgamatcd Copper, the cause Of
all the trouble, closed up 5 points, from
the lowest. 81 S 8
Chesapeake ana Ohio was one OF the
cover, although Norfolk and Western
closed higher than the opening.
\ Made a Small Fortune. I.
2 a gallant, Confederate officer. residing
in Richmond, is reported to have made q
small fortune In two hours or trading. q
& At every club and hotel In town last
night men We're discussing the methods
Of Thomas w. Lawson n III depressing
Amalgamated Copper and other securl-
ties. Il .t45s IN Al
Not content with newspaper advertise
5mcnts throughout the country, calling" On
the public to- sell copper Mr.. Lawson on
Yesterday during the whole day. sent
with the design Of still further raj Sing d
nue. and Scry at the expense OF Amalga-
mated. j7( I5IGl44
Tho following are some or the telc-
grams received: .3 n
yarn through the wire houses that a large
pool IS forming to give support at TO- Don't
De aeeelved Pools are already loaded nld'
ting nervous Sell your holdings While there
is yet market .ssS5S Pr ~ 25J p
THOMAS W. LAWSON
3 2. o'clock telegrnln-Wall Street demoralized:
are a., now teleg,aphing over tho country and
rally market Don't let these yarns fool yoll
i am Just putting this country nn,l Europe
onto onto Wall street Frcnzied Finance's' gamn.s
tIhey VIII wake UP between now and Friday
and make Wall Streets big rallies look lll;c
q copper cent In steel furnace, Sell ali
seGHRs r. The New York lst una continue
VIII not appear at distant points until to-
morrow. Az. #
'35. THOMAS W. LAWSON.
Received about 3:45 L. M.-.Don't scratch
matches on powder barrels, Tho Boston News
mated Bos;on--Lnwson Is announcing lii diff
ferent cities and In sundry places whero lie
thinks It VIII be most effective that ho will
Unless he carries out his threat hc can be,
Under New York laws, put in jail for circu-
price OF shares. Possibly the Massn chus cts
authorities would give hin, up to the New
York authorities , on extraditlon papers I. .I
Ono thing Wall Street and tho public car,
rely upon; Whatever am announcing to do
in any part OF the country, ana in any way,
III do. and on schedule time.i
p, S,--let tho .'Frenzicd lnunciers'' OF
Wall street make no mistake, III do-and on
schedule time. l
And fnaly
The Last Telegram.
Boston December 7.--I want Just one.
word with the American people who come
into Wall Street a stranger In Wall Street
to-day would think from tho gnashlng OF tho
teeth of the ''Frenzied Financ!trs' and the
keen curses they are hurting at me hat r
Ind done some ono q wrong. Let Wall Street
make no mistake. ] made UP my mind after
the ''shnking down. 1t gave the American
people a short time, ago, when It loaded them
with hundreds Of millions Of Amalgamated..
Steal and other mnde,to-order securities. and
then dubbed them into insenslbillty, that II
1t was in my power would nip "Fren2el
lrnancicrs" In theiy next trip. IT has been
no easy task TO lull them TO sleep hnh catch
them on their guard, but think It has been
accomplished and the people have been able
this time TO exchange tho .wntered chromos
FOR the "Frenzied ITinanccrs'"# cash, Anyway.
IL they have not MI done so, 1t is through no
fault Of mine 7 have given my time. energy.
and large amount OF money spent In adj
yerising to let Gods good sunlight into no
has been covered by the "Frenzied l'irnn-
cier's" press agents to show tho wonderful
things that we're going TO happen In steel,
and every man who ran an lgamatad In
slider was enrnstly told that Amalgalna'ei
was going to 40 IN the next twenty-four
OF listening oEthe curses of ''Frenzicd I'inan-
CIers" let the people ask them, 'NYhere Is
that 10 on Analgalnatcd and that 1876 on steel
preferred r. and see IT, they dare answer: 1--WE
were honest but an insignificant New Eng
land counhyman made y impossible for US
rest assured Wall Street Is ycursing because
Tho ''trenzied Financers" were. for the first
time In their career, npped red-handed with
the goods. 81
Brokers here speak In no uncertain terms OF
Mr.. Lawson, and the opinion largely prevails
that his attacks upon tho market las. not
been for the benefit Of but rather at the