New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-12-08
LAWS0N'S NEW TACTICS.
BOMB4RDS NEWSP4PERS.
"Fren@ied" Telegrams to The Tnib-
une-4m0Ieamated'S Big Drop.

49, - "tttt = UHbUtCu Dug CIUU.
One of the questions most commonly heard
when men meet in Wall Street is: What is
LaWsons game in this Amalgamated business?"
Various answers are given but they are all
guessWork. Whatever his real aims however
! he has for the last two days been playing the
game with vigor and success for Analgamated
Copper, which closed Monday at SOs4. closed
yesterday at 6S12. carrying down the general
list with II. The stock lost 3ls points on
Tuesday closing at 77h Yesterday un-
der the influence of the Lawson adver-
tisement bear agitation it opened wide" with
simultaneous sales Of 1900 shares at from II
to I6. and under immense volume of selling
, representing orders from all over the country
but principally from New England broke in a
few minutes to a rallying to 1875 by II O'Clock
AT noon the price stood 72&4, at 1 o'clock
1t was 71A. at o'clock 71s.. In the last half
hour it broke violently to 6S3s, closing X per
cent above this low level a net loss of Sas points
for the day on sales of about 365O0O shares.
II, as is commonly reported. Lawson sold his
Amalgamated holdings and went heavily short
OF the stock after it had. largely through his in
strumentaity-for It is understood that his fol-
lowing has been very large-advanced from
about 10 to 50 he has already realized great
profit from his bull campaign. and a large per
profit since mis- sudden reversal of position; and
if his followers have needed with saficient
promptness his vehement advice of the last f.w
days to sell out their Amalgamated stock they
too must have reaped rich rewards
The manipulation of the AmaIgamated war
game" yesterday added a new feature to his
Well known system Of advising the investing
public, through advertisements when to buy
and when to sell Amalgamated Copper, swinging
into action a telegraphic rapid-fre battery
which at intervals in the course Of the day
discharged the following paper shells into the
o1lces or The Tribune and other newspapers |
11:So telegram-wan Street is spreading the warn
ing 10 give support at 70. Don't be deceived Pools
collateral getting nervous Sell v0r b1ii u a. a.
THOMAS W. LAWSON.
. O'Clock teegram-Wall Street demoraIzed. sro
big men are getting together to rally market Don't
unry a2d Europ S6 to VAN m ]gs{ sTee5 putting this
Tday make Wan T Streets 0faEefa bE raeTs Ro%
M M on 'G B y TX list f'sG sed ea34eo Sill
ing Anaisamated Ny big advertisements will not
THOMAS W. LAWSON.
powder aTT The Boston news Ssa Bardaa m@'f6sf jnst
lawson is Announcing In different cites and i9 sun
dry places where he thinks it will be effective
mated Unless he carries out his threat he be. !
ee p - aePI@ss me price OF
extradtion papers"
one hing Wall Street and the public rely |
Of the country and in any way IN do and on
P Set the .'Frenzied Fjnancers'' Of War |
s5ree' Se make no mistake +" do"nd on schedule M u
The latest ana longest missile-or missive- !
was delivered in the early evening. also by !
telegraph It follows:
Boston Dec II want just one word with the
American people who come into Wall Street; A
the gnashing Of the teeth of its "Frenzied Finan-
cers' and the keen curses they are hurting me :
!sbain down It gave the AMERICAN people a
dreds Of millions Of Amalgamated, Steel ana other
made-to-order securities and then dubbed them into
insensibility that if il was in my power would .
nip Frenzied Financjers" in, in their next trip 1, .
has been no easy task 10 lull them 70 sleep and .
been mas abe e this me 6 ex9hang @ the So Matersd
chromos for The ''Frenzied Fina4ciers cash.
through no fault Of mine. l have given my time,
yern ' TO let od eood nisht G no Seh the m dark ark
places Two Illustrations The countTy has been
agents to show wonderful things that were
Ge o an 10 nsder Dr wa aheSy n od Ta
that Amalgamated was going to ll0 in the next
Instead Of listening to The curses of "l'renzied .
that iio on AmaIFamatted and that 125 on steel .
We're honest but an fnsignhcant New England
countryman made IL Impossible for us to make {
fVaU Street is cursng because the Frenzied [
Financiers" for the Irst time in their career,
''''peo ''o '''-''''' VAIN THoM&s W. LAWSON (
The ANA lgamated Copper interests decline |
discuss Lawson but do not seem dismayed over /
lis threats or his market demonstration. The
! c,pper market is booming, and the Boston and .
Ahntana Company, one of the principal subsid- .
| iay corporations of the Amalgamated Copper
/ Company. only day or two ago declared q .
DIVIDEND OF $50 n share about 81 900 600 Of the
/ total amount represented by the dividend going
into the Amalcamateds treasury
Bostn, Dec More than 10000 shares OF /
! Amalganlated Copper We're sold the Boston /
/ Stock Exchange before O'Clock to-day. The
stock orfned at 10 and rapidly sold down TO
! 73. After a brief rally II touched 707s a drop
OF 6$S since yesterday. Copper Range which
opened at 70A declined TO below Ga but recov-
cred TO 61%s United States Mining lost nearI,,
3 points one time, Isle ROyale y point and
other copper shares weak The market
was one Of the NEST animated OF the fan The
/ decline I'm Amalgamated attributed nartI,
10 a campaign which has been carried on agatre, I
Il by Boston broke.
Leave New York 5:22 =. NJ. arrive Cleveland -,
I -ama.4F