Rensselaer Journal, Volume 11, Number 19, Rensselaer, Jasper County, 17 October 1901 — Lawson Loses $7,000,000. [ARTICLE]

Lawson Loses $7,000,000.

Boston, Mass., telegram: Thomas W. Lawson admits that he lost $7,000,000 in the recent break in Amalgamated Copper stocks. He says he did not know the break was coming and was informed that the rumor the extra dividend would be passed was without foundation. Mr. Lawson says that he did not sell a share of Amalgamated on account of the break and that he has at present more than he held at the time of the break, and that the holdings amount to more than 142,000 shares. He could not give his friends any advance information concerning this break, hjr. Lawson says, for the simple reason that he did not possess it.