Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1896-11-07
IELEGRAPHIC.
ELECTION RESULTS,
FAVORABLE Influence on English Con.
nsrcIai Interests.
VALUES RISING IN ALL Markets.
An Era tf Long and Active Business
with the United Stats
Anticipated.

I,ospos, NJ. 6-ICopyfishted,
1895. by tho Associated Piece. The
Associated Pres hiss commitioned n
number OF competent Observers
a. make Inquiries In various
business sifcl,s Of London as TO what
,aect the election Of sic Kinley had on
The business outlook In England. In
tsyl.wlng aud summarizing the tetu.t
Of these Inquiries, u 10 shown that the
election has had most favorable
fleet on tho financial and COMMERCIAL
interests here. The universal Iiss oil
values In all markets here demonstrates
This, Tho buoyancy h IcfhAps due 10
A release ifom this strain Of anHisty
which prevailed Ia all circles by the
American campaign. IL stoms evil.
dent, also,th fiso OF values OF English
market h partly dueito a belief which
has gsined currency. anu which Ia
based on cable advices from the United
States, that while = somewhat higher
tsrii schedule than the pfssent
one IN likely To bo enacted. Mi. Mo
Kinley will not fosoft 10 tho extreme
Ifolecion policy which has generally
been attached / his name.
There IL feeling prevalent ia this
city that an era OF long and active
business with the United States Il,
about to begin on the stock exchange.
The buoyancy which has characterized
II since Tuesday IL rxpeetsd 10 extend
10 other departments.
In commercial quarters In London
large estimates are given Of the value
of American orders which have al.
ready bscn received since the election.
The DRY goods business has recently
been OF moderate proportions, but the
Manchester market now expects u
spurt In American trade. Large ship
menls from the United states were
until November 4,h subjected TO the
condition that they should bu cancelled
u Mckinley wss defeated, but they
ate now being hurried forward.
The trtfiiu canvassers for the Amerl-
ca1 steamship lines ara already feel.
log the change IN this respect. Dur.
log the recent business depression COS.
,ignunenis were almost ne TaIs M tho
tabled dodo, but they arc now falling
like mama In tue desert.
In the iron market the effect OF the
election OF Mckinley 10 already being
felt. Reports received from Bifming.
ham ATE that = strong tone ana more
disposition 10 do busineIs prevails In
all departments there. Unmarked iron
10 from half crown TO 8 shilling-
higher than last wesk, and pig irou hiss
improved from q shiliings To thil.
Tugs. The steel trade has not been
rffsc,oi yet, though there IL . good
demand, owing TO tho excessive pro-
duction.
Tue wool Industry has experienced =
decided Impulse, aud n better spirit IL
manifested all around among those
engaged In that Industry. An upward
movement In pficss In reported ~
Bradford, where prices Tor all classes Of
vools hardened GU tho improved In.
quify.
Tue yarn spinnefs have already pro.
teeted thsm.civos Against deafsr raw
materials by raising their prices In
tome case. one penny per pounc. The
mskeis OF ooatings anu Innings TOT thu
the American market are confidently
preparing TOT big business.
In Nottingham great hopes are
placed upon u revival Of the American
itqulfy ior lace. The hosiery usue.
which ha. lately been inactive, now
shows signs Of improvement.
Tue Iute market, after u rolsTse on
the ~. VI the election, IL now much
nfmur. Mr.. MckinleJ's ina gfliy has
te-ratablisned confidence, ana there hai
been an active market nj Dundo. slur,
"Wednesday, prices, especially tor the
hue Jutes, Iising quickly anu showing
marked Improvement.
Tho South Wales iron market hal
already SHOWN q Noticeable advance