The times., 1897-11-04

The most serious theory advanced yes
tcrday afternoon is that after all the
lich men are attaching altogether more
importance to the election or the Tam
many people than has been expected and
in the fear that there is no hope for good
municipal government, are intending 30
saIl sufgy Undoubtedly the selling in
London yesterday morning had much a
do also with the weak condition toward
the close. The London papers and money
changers re arguing very luminuusly that
Ialnhatys election was backward step
ana Lows defeat a smack at civilization;
also that If Hanna is defeated daG Ne
braska and other Western States show
the Continuance of the silver sentiment, we
are Ia Lave more disturbance aud dis.
quiet more anarchy. Following in the
footsteps OF London, New York manu-
factured much such feeling for her
self yesterday. The problem for the
people who risk money on the flnctua-
ticua of the stock market TO e0usider
next is what viii follow. IL is not ln
easy on fIs-rr .---- .,-..--
tities- Fauna is probably safe however,
and London and Wan street wiz have
several free bTe8ths before the opening
today. Z would seem quite probable that
ihe drop viii go not much if any furthee.
Mr. Lindblon' Iastinessage to Mr.. SiIsby
yesterday, at 3:t0, was, The decline ia
stocks has just commenced
On tic other hand, Mr.. csrIey sends
me this:
Manipulation has done all the selling.
There has been no stock drawn out or
the commission houses, as far as we can
detect. OF course, if this selling goes
ON long enough and deep enough it will
bring out some stocks, but so far today
there are no signs of it. As soon rs
this manipulation is removed from the
market it Will advance Nor is it pos
siblc to tell whether the manipulation viii
Le continued tomorrow :"
Iowa Central, for the fourth week OF
October, showed an increase of earnings
orS4, i32. The totalincrease for thefnonth
was Sl3,2f7. October's gross earnings 9f
Rock Island are estimated to have fn-
creased Sl2l,65 Norfolk and Westerns
net increase for September was S2T1, ,e76.
st. Pau, for the fourth week of October.
shows a deere ase of $-S,s32.
The Chicago Gas deal seems finally 70
be closed the trust getting all that il
desires, as usual
There seems no reason to believe that
the Pacific Mai people intend missing Their
next dividend.
1t is run oIed that Mr.. Havesneger is
ttrfIf
,siby the bulls took advantage Of this
stcsy TO hammer Sugar yesterday. 1t tad
wCrse tumble than the remainder Of
the market. Sugar should be first to rally
/ do not believe it will go lower.
Dow, Jones & Co. said of Burlington yes
terday There has been buying in Bur
linEton for a week by leading operators.
who eave thought the extraordinary earn
ihgs OF the company for September gave
the stock better opportunity for ad-
vance than existed elsewhere in the
room We understand that an interest
which WAS very prominent in Burlington
last summer has bought 5000 shares be-
tween SO and SO and is daily adding
to its line. Moore e Schley. also, are
understood to have bought considerable.
through brokers, and points have been
given To buy the stock for par in the next
few weeks
1t is reported that Armour is selling
December wheat at Chicago. 1 look Tor
lower prices today.
Manhattan and Metropolitan Street Rail,
way may probably be bought safely OH
declines Tammany won't hurt them or
any other good thing.
Washington Stock Exchange.