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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Apr 05, 1907
Page
8
An April 5 1907 editorial in the Boston Daily Tribune and other Boston papers urges support for Thomas W. Lawson and his views on the late unpleasantness. The writer hopes the piece gains publicity and wide readership.
The Tribune wishes Mr. Thomas W. Lawson a smooth voyage to Europe to study copper markets and reflect on his career. It urges a transformation, urging him to return to Boston renewed with better purposes and constructive work. It presents a cordial, extended invitation to pause, ponder, and reform.
Wall Street recorded a higher volume of transactions today with a more cheerful tone. Officials say the rise reflects a price readjustment to looser money conditions rather than heavy absorption of securities as foreign markets loosen and London opens gold flow.
Traders cite an orderly advance led by Union Pacific Reading St Paul and Northern Pacific after a wave of favorable influences. Easy money conditions and rail earnings spur short covering and new buying while London shows selling pressure and US money markets ease. Amalgamated Copper and other majors rise as overall market strength improves.
The Laramie Hahn’s Peak and Pacific Railway promises a monumental boom built on two decades of effort and vast mineral wealth. Acme Consolidated and Laramie stockholders are told to expect rising profits as April 8 marks the start of development for a restricted area project with wide public participation.
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