The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1896-11-07


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LondCn, Ncv. 4-The AnDoctnnsd Press
has commissioned . number ol competent
Observers 30 make inquiries - various
feet the election of Mckinley - president
Of tie United States hAs hAd "a shs ousi-
ness outlook in EnGian4-
By resokwfng ana sumur1z4nG The ~
suits Of these Inquiries. Il = shown fhAf
tn eIecffoa has had . noot favorable ef-
feet On the financial and c0mmsFciaa tn-
seresss here. The unlverDal rise OF vaa-
ues In af. markets hare demonstrates tins.
The buoyancy u perhaps due 70 . reaction
from the strain 81 anxiety which has been
created IN all circles By the American
campaign II seems evident also the
rise OF values IN English mArlrefs II part
II due 70 4 belief which has gained cur
rency. and which was based On cable sd
vices from the United States. mat while
somewhat higher tariff schedule than
the present one is likely 70 b enacted.
e.
IRENE protection policy which has gener-
ally besn attached to his name.
There b feeling prevalent in this city
that an era Of long and active business
with the United States Ii about to begin In
the stock exchange. The buoyancy which
has characterized the market since Tues
day II expected to extend 20 other DEPART
ments- The rise In the prices OF Amer
lean securities on the exchange has been
all at he tUA Ne
stances are Chicago, Milwaukee ST.
Paul. which Is 81 per cent higher COM
pared with the eve Of election: Louisville
In II per cent higher and New York Gen.
trail 81 The stocks Of reorgAniBed Amer
lean railroads are In - good demand -
the higher priced stocks. The chief busi-
ness has been done In Atchisoa adjust
ments and Denver = RIO 0rando dysts
consolidated.
1t 10 said also that there II an immense
amount OF British capital awaiting invest
meat In the United States. Some insur-
ance companies. IL h announced. are pre-
pared TO invest k3oo.ooo or ESQ. 600 each
0i.ooo,0o0 TO $I,0o.0o0 In American mort
cages. The Times remarks on this point
that while the European investor viii not
buy American securities blindly. he viii
buy the securities Of sound companies
which have been neglected lately. owing
not to their own defects, but to the gem
eral distrust OF American affairs. The
Economist notices with surprise that
there has been no advance In the United
States loan (gov1rnment bonds).
In commercial quarters IN London large
estimates are given Of tho values Of Amer
lean orders which have already been re-
ceived since the election. The dry goods
business mas formerly been OF moderate
proportions, hut the Manchester market
now expects squirt In American trade.
Large shipments were ordered for the Unit
ed States until Novcmbcr I. subject to the
condition that they should be cancelled IL
Mckinley we're defeated. but they are now
being hurried forward. The traffic canvass
sers Tor the American steamship lines are
already feeling the change In this respect.
During the recent business depression con-
siynments were almost IS rare as the Ia
bled Dodo, but they are falling like mama
in the desert.
The probability Of . rise in the Amer
lean tarin does not come into considera-
ton for q moment in this department. the
certainty Of immediate Improvement
dwarnng any more remote contingency.
The cutlery trade entertains similar hopes
OF revival OF American business, which
has lately been much stagnated, but which
is improving already, notably 81 Sheffield.
Where American adyices have given hope
OF an improved business for q couple OF
years. especially In the lighter industries.
The demand for the material used In the
cutlery and plating trades Is also uuusu-
ally great
Ia the iron market the election of Nc
kinney is already being felt. Reports re-
csiyed from Birmingham are that a
strong tone and more disposition to BUSH
Cess are prevailing in all Departments
there. Unmarked Iron is from half a
crown TO shiiiings higher than last
week: pig iron has improved. The steel
trade has not been affected yet, though
there is a good demand. owing to the ex-
cexsive production
The wool industry has experienced a
decided impetus. and better spirits are
manifested all sround amongst those en-
gagged In that industry. An upward move
msne In prices Is reported at Bradford
where prices for all classes OF woods
hardened on the improved inquiry. The
yarn spioners have already protected
themselves against dearer raw material
by raising their prices In some cases Id
per pound. The makers OF coatings and
Innings for the American market are con-
ddently preparing for q big business.
In Nottingham great hopes are placed
upon revival OF the American inquiry
for lace. The hosiery trade. which has
lately been inactive. now shows signs Of
Improvement The Jute market after a
relapse on the eve OF the election Is now
much hrmer. Mr.. McKiniey's majority
has re-established confidence, and there
has been an active market at Dundee
since Wednesday. prices. especially for
fine jutes rising quickly and showing a
marked Improvement.
The South Wales iron market has al
ready shown q noticeable advance. Pig
iron warrants rose 81 on Wednesday on
the signs Of renewed activity at the iron
and steel centers- The copper market has
shown better tone since the election. and
IL - expected the result will make further
inroads on the already small stocks held
IN Europe Many transactions recently
entered into were open TO canceliings in
the event OF Mr.. Bryan's success Prices
are now rising. and the stocks In railway
warehouses at Birmingham, In which. a
Few months ago. were 1900 tons, are almost
depleted. while little American cooper Is
oeins onered, owing to the demand for
homo consumption I'm the United States
A dispatch 90 the Daily News from Ber-
| In says: The bor-se was weak ard de-
| Pressed on the fear tina. Mckinley would
try TO renew the protective policy. Posi-
tive adv'ces 10 this effect were received
| by several hourse frSas
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