New-York tribune., 1902-05-28
BRITISH STOCKS HIGHER.
FlRy BELIEF THAT END OF THE WAR
) ; is NEAR
ANADIAN PROMOTERS ARE BUsY-LORD
PAUNCEFOTE SUCCESSOR-CORO-
NATION REHEARSAL. u
copyrIght: 1eoe: Bv Nc TrIbune Assoelation.l

r. Copyright 1902 The Tribune Assocation)
/. Especial The New-York Tribune by French Cablel
r London. May rs a. m--BuOyant stock MARI
kets still reflect the nations confidence in the
restoration of peace. even if the ministers
silent when the Cabinet has discussed the fresh
phase of the negotiations. ConsoIs are running
strong, and English rails OF all classes are ris-
ing. The Kaffir market continues firm under
the manipulation of the leading operators al
though the volume of business is not great. A
continuous upward movement in mining stocks
is predicted by South Africans in the Street as
soon as peace is declared. Forecasts are pre-
mature until there are signs that foreign IN
vestors are impressed with the evidence OF
future prosperity in the Rand and Rhodesia
Canadians are making strenuous efforts TO con-
vince the British investors that they are unduly
interested in South African mining properties.
and are neglecting opportunities for the devel-
opment of British Columbia.
The Crown Prosecutor for the Yukon region
and the originator of a new series of schemes
for the opening of district in the north
ern territory has been consulting with cap
italists and engineers. and has been seeking 10
divert the interest of spectators from South
Africa to the Yukon. He delivered an Hlustrat-
ed lecture yesterday under the auspices OF the
Colonial Institute on the resources of mineral
wealth in the Yukon Valley He avoided dis
cussion of the Alaskan frontier question. but
gave warning that Americans were displaying
remarkable energy in that quarter and that
British investors ought to bestir themselves.
The first undress rehearsal of the coronation
procession was conducted yesterday by the
Duke Of Portland and the chief COMMISSIONS
of Police. Brakes substituted for royal
carriages but the horses. both black and cream
COlored, were those reserved for Coronation Day
There will evidently be fifteen equipages in
loco
Abbey or about the number seen in the
recent royal pageant at Madrid. The escort Will
be equally we'll horsed and cOstumed. but the
carriages are not likely TO rival in picturesque
spendor the antique Spanish equipages
There are many idle conjectures respecting
the successor to Lord PauncefOte. but there is
no authority for the statement that he will be d
lawyer rather than a diplomatist English bar
risters find their way 10 the bench or To the
great law offices of the crown rather than To
diplomatic posts.
The Foreign Office will have three vacancies
10 fill for Lord Currie is retiring from Rome
and Sir Hugh MacDonnen from Lisbon
series OF transfers will probably be r-ade in the
service after the coronation. and the Washing
ton Embassy will not be filled prematurely.
The Minister for the Colonies and DR.. Jane
son met for the first time last night at the Gar
rick Club, where they were the guests OF Charles
w Boyd the son of the talented country par
SON. They sat side by side and got on pleas
antIy although neither referred 10 the raid in
January 1896 which brought Chamberlain
posthaste from Birmingham TO London. Among
the guests were the Hon. Alfred Lyttleton. f.
II Cook, c. F. Gill; Alfred Belt. l. c. Mitchell,
: H. Jeyes and others. DR.. Jameson will re-
turn To South Africa in fortnight He re-
CARDS the practically ended, and expects
10 remain for two years in South Africa Mr.
Chamberlain suffering from the gout, but
was in aggressive form. and showed full conf
dence in the future Of South Africa and the
political fortunes OF the Unionist party.
In Liverpool shipping circles the agreement
made by the Atlantic combine with the Ger
man lines is regarded as a very favorable one
for Mr.. Morgan. Although the financial respon-
sibnity which he undertakes toward the COM
panies may be sufficient. equivalent combina-
tion is now at liberty to deal with independent
English ship owners. II is not admitted that it
is able TO starve them out. but there is a feeling
of depression.
Summing up the results of the Parliamentary
tube fight, The Daily MaiT' says that the most
striking feature has been the contrast between
the British and American way Of presenting the
cases. Mr.. Yerkes. for instance. dominated the
committee in way never seen since Mr.. Rhodes
Iectured his Westminster judges.
The Duchess of Devonshire. the Duchess OF
Westminster and Lady Lansdowne are among
the hostesses already arranging TO entertain
guests at the time of the coronation.
I.N.F