New-York tribune., 1906-11-01
HEARST'S DEATH KNELL
LAWSON IS FOR HIM.
Boston "Frensifer" Consistently
Wrong In Predictions.

Thomas w Lawson of Boston, broke a long
silence yesterday by sending to the New York
Stock Exchange houses circular in which he
predicted that Hearst will be overwhelmingly
elected a forecast which strengthened the conf
dence of the supporters of Hughes that their cam
ddate would be the next Governor, for a long
time Lawsons prophecies have been observed to
by contrares.
The greatest success of the Boston operator as
a stock market prophet made in December.
1904 when. at time when careful observers were
convinced that a serious market break might occur
at any time he added a feature to his familiar
plan of advertising by sending series of kilograms
to the newspapers urging the public to sell your
holdings while there is yet market
The Lawson panic occurred in that week. Two
days afte- Its subsistence Mr.. Lawson, in another
advertisement. announced:
Il am going to strike again. suddenly sharply,
sensationa ", and in way that will produce
effects UP prices and upon markets so much
more destI lctve that the effects and the destruc
ton of la week will appear by comparison
milk to vi iol.
But the low which was to produce such dire
results has lot vet been launched
In the Spapers of August IS. 1905, appeared
Lawson adv rtisement predicting that the price OF
copper. the etal would break suddenly to very
low figure. I'd that there would follow terrific
slump in co and smelling stocks; and inviting
public suhscl otions to s10co0.O0o pool. to be
aged by Mr.. Lawson. ''for the purpose of selling
copper and citing stocks short"
Amalgamate Copper had closed on Saturday. Au-
gust 26. at s. and American Smelling and Re
fning common at 1297s. Amalgamated sold down
to S22s Aus st 81. to 1885 in September. to 7sls
in November. nd did not go below SO in Decem-
ber, While its west price In the present year has
been 923s on ly 49,
American Sm ,lting. which on August 2S had
closed 129$, ,uched 1855 on August 81 and 1221s
in September. In October it did not go below
125 in Novembt 1877 and in December 1904 In
January of this it reached ia, and its lowest
for the year ha been 1881. May g
In advertisement on October 49, 1905. Lawson
said:
The declaration of the dividend on Amagamated
to-day will mark the doom of the present copper
BOOM
Amalgamated, then selling around g. on the
following day advanced instead of breaking.
On Wednesday, January II. 1906, Lawson sent
several kilograms to Wall Street attacking Anal
gamated and practically predicting. par for 1t
by the close of business on Friday, two days
later. The stock closed that Wednesday at l1lh
and Friday at lii.
Yesterday, the market having been IN depressed
state for some time. Amalgamated closed at los1a
and American Smelling at 1925. According TO COM
mon report the SlO.0OoO0 pool venture resulted in
heavy loss to Mr.. Lawson and his associates
Lawson has been equal unsuccessful IN bearish
forecasts on United S. ties Steel and other Is
sues in the last year or more, and MS pre1ctiohS
TO longer cause a In Wall street
The circular of yesterday which incidentally ad-
vises all holders of stock ito be prepared for quite
a sharp drop between and Election Day, is
in part as follows:
l base my conclusion that Hearst Will be eecteo)
four things: ,
ton of life insurance workers have In New \ orK
State clear headed business men with no ponticai
ieanings. o,,.,o,ou.
Second-C Confidential advice of the best politician
in the nation. -. .., .,,
Thrd-Confidential advice Of the best posted poll
tician in New York. Both these politically are plt-
terly opposed to Hearst. ,, -. . ,a
Fourth-Whe betting is quoted daily at ) al ana
to against Hearst, l know that real betting on
large scale would be or In Hearsts faVor-
NV three reports agree that, barring a miracle.
Hearst must win, bee luSe; -
First-Tammany will really give the word on
election morning TO its hordes of thugs. ELECT him
at any cost" This will mean that Hearst will have
all the benefit of the blackjacking which last year
was against him. - -
Second-The Republican machine the most per
feet in the country is determined to down hughes
and the Purists-is inactive and asleep
throughout the state Election morning it will be
awake and active-with its knife.