Arizona republican., 1896-11-10
REVIVAL ISFELT IN ENGLAND
Republican Success Rooms
 American Securities.
British Capital will Be Heavily In- vested In This Country Imme- diately-Bustnes with the United States Starts EriSkly.

LONDON, Nov. 9.-A number of compeI5ent observers have made in uuiries in business circles in London as to what effect the election of Nc Kinley as president of the United States has had on the business outlook in England. In reviewing and summar- izing the results of these inquiries it is shown that the election has had most favorable effect on the financial and commercial interests here. The 1 universal rise of values in all markets here demonstrates this. The buoyancy is perhaps due to a reaction from the strain of anxiety which has been ere ated in all circles by the American cam- paign.
 i It seems evident also that the rise of values in English markets is partly due to belief which has gained cur remcy and which is based on cable ad- vices from the United States that while 8 somewhat higher tariff schedule than the present one is likely to be enacted, MT. Mckinley will not resort to the extreme protection policy which has generally been attached to his name.
 There is a feeling in i1Ilis city that an era of long and active business with the United States is about to begin on the stock exchange. The buoyancy which has characterized it since Tues day is expected to extend to oIher de- partments. The rise in prices of Amer jean securities on llhe exchange has been general all along the line. No table instances are Chicago, Milwaukee and St. Paul, which is 914 per cent higher compared with Ehe eve of cleo tion; Louisville is 71s higher and New York Central 51z. The stocks of rec ognized American railroads are in as good demand as the higher priced stocks. The chief business has been dome in Atchilson adjustments and Den- yer & Rio Grande firsts consolidated.
 It is said also there is an immense amount of British capital awaiting in- vestment in the United States. Some insurance companies, it is announced are prepared to inv est e20O, 900 or 9300,000 each $1,0O0,O GOO to $1, ,50O, ,O0O) in American mortgages.
 The Economist notices with surprise that there has been no advance in the
 United States loan Government bonds)
 In commercial quarters in London large estimates are given of the value Of the American orders which have al. ready been received since the election
 The dry goods business has formerly
 been of moderate proportions, but tht l Manchester market now expects z 1spurt in American trade. Large ship ments for the United States until No Vember were subjentJto the eonditior that they should be canceled if Nc kinley were defeated, butt are now he
 ing hurried forward. The traf6,
 canvassers for the American steam
 ship Hines are already feeling thu
 change in this respect.
 5 The probability of a rise in th
 American tariff does not come into con
 slderation for a moment in this depart = ment, the certainty of immediate i'm t provement dwarfng any more remot e contingency. The cutlery trade enter k talns similar hopes of revival of thei . American business, which has latel e been much stagnated, but which is i'm e proving already, notably at Sheffield.