New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-11-10
STOCKS FALL IN LONDON.
THE EXCHANGE IN A STATE OF NERVOUS
COLLAPSE.
FEARS OF WAR AND THE "KAFFIR CIRCUS De-
PRESS PRICES MEANWHILE THE Lof'D
MAYOR GLoRIFIEs BARNEY" BARNATo-
LORD sAIIsBURY's SPEECH EXPECT
ED TO CLEAR THE AIR.


ED TO CLEAR THE AIR.
London Nov. s-The Stock Exchange to-day was
in state OF collapse in all directions anu
operators anxously awaiting Lord SALISBURY
speech at the Lord Mayors banquet 'o-hs"' '"
clear the atmosphere.
AS compared with yesterdays closing prices. con-
SOS for money fe.l only Is, and for account S-io
but Canadian Pacific declined 3a4. Erie l. Erie sec
onds H. Illinois Central ~ 81. Paul common l"s
New-York Central =. Pennsylvania 4. Reading 81
Louisville and Nashville 27s and Atchison common
" Greeks fell y to IA but mining stocks were the
greatest sufferers. Rands fell Pr Consolidated
Goldfelds deferred IL. and Chartered South Al
ricans Il. The settlement In Barnato Bank shares
opened steady. but the quotations soon fel TO ia
The prices OF consols have shaken during the
week as II Great Britain were on the eve OF war
Some authorities attribute the drop Of 2is when
has occurred partly to fears OF war. People knowing
the exac. character of conso, sales state however
that 1t 10 due to many small holders selling out 10
meet their osses in the South African mining specu-
lation Strong spectators have usual, skinned
the small capitalists who desired 10 add something
to their little pies acquired by years OF industry
Many English households have black winter 10
look forward to- owing to the mania for speculation
which turned the heads of their bread-winners
These considerations. however, did not prevent Sir
JOSEPH Renals. the outgoing Lord Mayor OF London
official residence. TO Barney" Barnao. the leader OF
the 'Kafir circus" Sir Joseph's reputation as a
company promoter and general guinea pg nearly
prevented his election Chief Magistrate OF the
CITY OF London. His career since his election has
Justified the opposition shown 10 his selection for
the office The Times describes his banquet 10
Mr. Barnato warning to incoming Lord May
said; Nowhere else than in Great Britain would
such thing haze been possible The representa-
tives Of important banks and firms refused to at
tend the banquet although the Lord Mayor desrloe1
The company as brilliant "a ther,ng In the hrst
city Of the Empire" The list Of guests included
Harry Marks. Isaac Lewis DAME. Marks, Woof
Joej Henry Barnato. Carl Meyer. Hyam Abrahams
Jonas Jonas and several others. Tne Lord Mayor
nrocaimed Barney" BarnatO as a sort OF savior OF
society Every nation to its taste says The
Westminster Gazette" Athens proclaimed Inemls-
tocles its savior Rome Is Quntus Fab.us. Ger
many It's Barbarossa and We have our Barnato.
II is right to add that among his intimate friends
Mr. Barnato is held IN esteem. Though he is keen
business man. he is generous 1t - said that ne Is
worth f4,eDV' u, - ,..,.,,
with Mir Rarnato in regard 10 the banquet. but he
refused 10 TAX that or almost any other SUP
iect al present. He only ready TO denounce the
press fercely The newspapers. he declared, may
saw Barnaio this and Barnato that. but, with an
emphasis that nearly caused him to fall over his
chair. "Barnato is man who does not care hang
for the newspapers The people have been talking
about me a great deal. Let me be quiet for the
next six months.
Paris. Nov 9.-Ottoman Bank shares fell 90 francs
on the Bourse to-day.