New-York tribune. [volume], November 05, 1896, Image 1

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

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V0ULV1.... ?1*18,053.
NEW-YORK, THURSDAY, NOVEMBER 5, 1896.-TWELVE PAGES.
PRICE THREE CENTO
GREAT REJOICINGIN LONDC
AMERICAN STOCKS GO UP AND CAR
EVERYTHING WITH THEM.
|?R. BAYARD GRATIFIED? "A GREAT ERA
COMMERCIAL PROSPERITY IS OPENING."
SAYS WALTER WTlftl liftWIl ORDERS
ROOKED FROM AMERICA?JAMES
nRYCE AS PLEASED AS
ANY AMKRIt'AN.
Tnr CAni.n to the th.hm-ne.1
rropf/rlijttt I Iflftfti /'V the I'nUnl A.t-?ittte<i I'renei i
London. Nov. 4.?McKinley1!? election has be
followed by scenes of the wildest excitement
the London Stork Exchange. So great was t
pressure by brokers who had received prlvt
cable advic? o? the completeness of the Repu
llcan victory that the Exchange was open
ahead of time, and American stocks went
with a ru"h. carrying; everything else with the
even consols. So buoyant a market has n
been known for many months. Every Amerlc
stock advanced rapidly In price. Mllwauke
and Louisville* leading the way. A slight r
action was followed by a sharper advance, ai
the market remained active and excited un
the close. Operations were confined mainly
?peculators, wh i had been buying Amerie*
stocks during th? last fortnight of depression at
who were profiting handsomely by the ailvanc
There was no disposition on the part of Englii
Investors to sell their American securities, ar
there were signs ?if a strong buying movemei
for permanent investment. Reforc the Exchan?
closed I heard of one striking instance. A
English investor who had sold out all h
American holdings a few monOn agi mac
heavy purchases to-day, being convinced thf
prices would continue to risp.
One of the happiest men In the city was Wa
ter Burns, the head of the firm of J. S. MTga
? Co. He had received congratulatory dt?
patches from Paris and other Continental cap
tais on the result of the elections, and was ex
ultant over the imediate improvement of Amor:
ran credit abroad, and the rise of every class t
American securlttea He remarked to me: "Th
effect of this glorious victor:,- of American bon
esty and morallt; Is felt to-da.- In every Eu
ropean financia' centre. Every American ough
to be happy and proud of his country with ;
Republican President. House and "senate. Th
currency question ought now to be taken up an.
settled, so that fre-silvr agitation can neve
again cause a similar disturbance to Amerl?ai
credit, I believe that a great era of commercla
irosperlty Is opening for Amerita under M
Klnley."
The cable offices have been flooded with busi
ness all day. and very large orlers have bee
received already by merchants from Americi
stocks having run low, and the confidence of 1m
porters there in their ability to *el. rood? bavin
suddenly retorned A ?-real Inert aae of America
trade Is confidently expected here as a result i
McKinley'! election, and with the resto ration <
confidence the fait that the election of thi
apostle of protection should be received with r?
j.ricing in England Li an ftnomaly easily n
plained. The gnat financial catastrophe whlc
would have shaken th?- foundations of Europe?
credit has been averred: m ?newer, a .?.uoors.^fu
uprising of lawless revolutionary element
against the whole fabric of American Institu
iir.rm would have been a menace to the st?JUUUj
and welfare of every European State. It Is or
these grounds that every prominent Journal lr
London and the provine?'.? in commenting upor
the American election ?presses a deep sense ot
relief and satisfaction over afcKlnley's triumph
The American Embassy to-day showed n i sign?
Sf mourning over Bryan's defeat- Jubilant face?
alone were seen there. Indeed, Americans car
he Identified anywhere In London to-day, not by
their accent or brogue, but by ihe radiancy ol
their ?miles. Ambassador Bayard was out?
spoken In expressing his Joy and relief ov< r the
defeat of Pr>an. He described it to m? as in no
sense a pan> victory, but an uprising of patri?
otic citizens against the revolutionary and An?
archist doctrines of the Chicago Convention,
which would have rendered government impos?
sible In America or anywhere else. He also ex?
pressed h"pe that the victors would make the
right use of their opportunity, and respect their
obligations to the American people, who had
placed them in power. Mr. Bayard spike with
great fervor and dignity and was profoundly
grateful that the momentous cris,? in American
history had be.-n pan ? l
James Bryoe, whom I met while he was walk
inn to the railway station, vas as happy over
the result of the election as if h? bad been an
American. He said: "I am overjoyed by this
triumph of s.,.jrid money and food government
in America. I have no words in which to ex?
press my satisfaction; but I have never doubt?
ed one mom?nt what the result would be. 1
have said again and again to my friends: "You
must never flerpalr <-f America. The people
only need to have this currency question thor?
oughly discussed in order to understand it ami
to settle It by voting aright. Ton can always
depend upon the common-sense, the Intelli?
gence and the morality of t).<- American peo?
ple.' The result, has not surprised me. If the
educational canvass had been longer the ma?
jority on the right side would have been even
avreater.1'
As we reached the station Mr. Rryce add?d,
with great warmth: "I want also to congrat?
ulate heartily The Tribune, for I know well
how much It has had to do with bringing about
this glorious result " 1. N. F.
--a
A GREAT RUSH TO DO Bt'RINEPS.
THE LONDC.v (HANGE UNDER A TREMENDOUS
PRESstri: or reyino?closinc} rRl<*ES
Ot'IET- RESPONSE IN OTHER MARKETS.
London, Nov. 4-At the opening of the Stork Ki
ehango thi? morning American railroad stocks
were very strong, ano became still more so under
the pressure of a tremendous business. It wa.? a
difficult matter to get J ibbetS to make pr|e?s. The
lending BtOChS Were five to six points up. and the
lower r?as? of ?to. k- two to three points up. Fol?
lowing are quotations of the leading storks nt 10:30
a m.: Atehlson. Topek.i nnd Santa K* preferred.
??"S; Chicago. Milwaukee and St. Paul, y?. Denver
and Rio ijrande preferred, 4*>T?; Louisville and
Nashville, ftfi,; Northern Pacific preferred, 24V?.
I'nlon Pacific. 12%; Canadian Pacific, 60; Illinois
Central, M),; Erie, 17; Norfolk and Western. I*1*;
Pennsylvania, ft.
A representative of the t'nltcd ?SSOlisted Presses
Who ?aw the principa?! brokers In the American
marke? found them -imply mad. The tremendous
ruin of butine?? on the Mock Eirhsait w.is opened
by ?eller?, Who ?had bought In the expectation that
McKinley would be eie< ted, and prln?, were main- j
taineil by bona ilde Investors, who were more willing
to pay higher figure? after the election than to buy
In doubt. Some little reaction wa? expected through
the bull? realizing, but the feeling was only tem?
porary, as thero was even a heavier rush of Lulls at
the higher prices. There were a great many New?
Tork orders, many of them to buy irrespective of
pricea.
At 12:30 the market quieted, and the following
Prices ruled: Canadian Pacific. U%; Ene. IG7*;
Brie nrats preferred, 29; Illinois Central, i*'*; Mexi?
can ordinary. 21V4; St. Paul common, B; New-York
I Central. 100; Pennsylvania. 5i; Rending, 1C',; Mexi?
can Central 4s. 704; Louisville and Nashville. &2*i;
Atchlaon common. 16*4; Atchison preferred. 27?*;
Central Pacific, 1C; Denver and Klo (irande, i"\:
Denver and Rio Grande preferred, 47; Lake Shore]
??TH: Kaneaa and Texaa. uv,; New-York. Ontario
?ad Western. IM?; Norfolk and Western. 18: North
.?rn Pacific, preferred, 24H; Southern Pacific 10*}
Southern Pacific preferred. 3(?M: Union Pacific. 11*4;
; Wubash preferred, 19.
ALL OTHER MARKETS BETTER
All of the other market? were better, in sympathy
I with stock?. English rails rose fcd. to l'.,d . and
| mining shares wore firmer. In the London wheat
j market holder? advanced prices U. to Is. 6d., which
buyers were not preparad to give, hoping for lower
I prices. Kor California wheat 3<".s fid was naked.
At | p. m. the following price* were quoted: Cana?
? dlan Pacific, fl; Illinois Central. IOS; Louisville and
Nashville. r,2',; Kansas and T< xas, 13',; Ontario and
'? Western. Hi; Erie, 17; Norfolk and Western, lfi>4;
j Northern Pacific preferred. 2i>: Southern Pacific.
| lO1*; Southern Pacific preferred, U; Waluish. 1?.
At 4 o'clock the market waa still excited, with a
Weaker tone. Missouri. Kansas and Texa? was
quoted at 14 and Union Pacific at 12>*. Tli?- o'.her
j charges In value* were slight.
The Stock Exchange market closed quiet at;d
below the best price* torn hcd by Hie opening
figures of the New-York market, the prices causing
?orne disappointment Atehison, Topeka and Santa
V? preferred closed at 27V Denver and Uio Grand*
at 13. Denver and Rio (?ramie preferred at V,\.
Ontario and Weatem at v>\. Norfolk and \\. tarn
at IS'-? and Union Pacific at l'.\. The other Amer?
ican railroad stock? were unchanged
In the metn! market this morning cash copper
was quoted at {4? a ton. and three months' copper
at ?19 Ua Id., about Us, dearer for cash and lia, ?M.
for three months. Tin was very firm.
The election of McKinley ha* given a great Im?
petus to trade In the woo! and clothlnrr district*
of Bradford and Yorkshire. American dralrr?
telegraphed large orders to-day. mid the prl ?< - of
raw and manufactured material* are advancing.
A dispatch to the Tniieti Associated Presses fron;
Dundee says it Is reported there that the local
Investment companies have been milking birge
purchase* of American securities since the result
of the Presidential election in America has be?
come known. The market for goods, the dispatch
says, ha? not yet been affected.
A BIG IMPETUS OF TRADE.
The Morgans and other American Arms ?nld this
forenoon that they had been receiving the return*
of the election by cable throughout the night, and
had fully expected the election of McKinley.
There Is already an Indication of a big Impetus of
trade. It Is known to be absolutely true tlint
merchants and shippers have been holding large
stocks for expon Immediately after the result of
the election should be announced.
Walter Bun s, of th<- American banking-house
of .1. S. Morgan & Co.. is authority for the state?
ment thai enormous orders have Men received for
the purchase of stocks of merchandise, man?; of
which have been pending the election of McKinley
for execution. The large buying movement has
only bee;-, tempered with the fear of renewed *?? '
ports of gold to th* United States, which would
tighten the money market here. Therefore, some
ca :Mnn has been observed
There were s fen free right* on the Bto k Eg- I
change to-day, growing out of differences of opln
? In regard to the result of the Presidential
election in America, but there was no Indication :
of f. ;ir thai there would be fur'her export* "f
gold ? ' the United State The setback of to-day's
miirk.t was due to profit-taking. There were
enormou* purchase? of Loutsvlll? and Nashville I
and Chicago, Milwaukee and Bl Paul ahare* and
a persistent demand for Atehison and R? :
American buyer* absorbed the sales of t:-..- b ill
-?
MR. BAYARD'S FA1T1T IN AMERICANS.
"THKY WILL ALWAYS VOTE AGAINST REPUDIA
TION in ANY FORM WHRjN Tin: is/'rj! !-;
PLACED PLAINLY BEFORE Til EM " RE SATS
i.e..'.on. Nov 4- United Btatea Ambassador Bay?
ard Ia greatly elated over the reeull of yesterday'*
el-'ctio-. In Am- rica, and is particular!) pleased thai
the army of repudiation has been ?o decisively van?
quished, and thai the common-sei se "n.? honesty
of hi? fellow-citizens have prevailed over sinister
fon ? . 1!" said ? i a representative of the United
\ -- led Press?
"Th>- result ef the election In Amerl ? verifies n
i. of thi I. nd uprightness of the
A mark an people. I believe that they will always
vote against repudiation in any firm when th?
Issue la placed plainly befor them Whether th*
.:ng Congress and AeunlntetratlMH ?v'.il dem*
preberd that this 1* no mere party victory, we must
wait and ?en. i ho;.* and trust that there Will be i
modification of the fiscal and commercial policiers of
such men a? Bryan and Btw.ti:, and their promul?
gation of issu.-? so destructive to the honot and
prosperity Of the Cnlt?-d S'ate* Tri.it Is what the
? meant to resent The eff.-.-i ims been excel?
lent lore. Such an exhibition of the faith and hon?
est J of the American people cannot but have a
beneficial eff.-.-t in restoring confldenee in the insti
tutions and securities of the United States "
MR. HANNA ON THE OUTLOOK.
?TILL SURE OF NORTH CAROLINA THE
DOUBTFUL STATES CHANCE8 IN TEXAS
Cleveland, Nov. 1. -Mark Hanna said this af
tentoon:
The cour.irv r-turns from Tennessee, Kentucky
and North Carolins milk.- tbose State* doubtful. I
um srii sure ?>f N?>rth Carolina. I un confident the
full returns will pul Texa* In th<- McKinley col?
umn. The final count will give McKinley no lees
than ;T7 electoral votes. The Bryan vote has I.
steadily growing since i claimed 111 elector* last
night. Washington la probably Demo ratlc. or.
goo is Republican and California doubtful
Mr. Manna claims Indiana by 40,000.
EXCITEMENT IN CINCINNATI.
BRTANITES Now HOPEFUL OF THEIR CAN?
DIDATE'S SUCCESS,
Cincinnati, Nov. 4 - Th?- greatest excitement
exists to-night in this city >>\>-r the election situ i
tinn. At 11 o'clock an Imnnnnc crowd of people
are pack?--?! In ttV Street In front <>f "The F>,
?lulre-r" office, Where bulletins from Hie Demo?
cratic National head<|uart<-rs are being dis?
played. Th* late returns have revived hope In
the breasts of the disheartened Democrats, and
they are fllllris; the air with their shouts A pro
ceeeloa about a block in length, headed by a
brasa band, is parading the streets through th?
rain, cheering for Bryan.
CHICAGO RE SIX ESS MEN REJOICE.
LTMAN i '.agi: BATS THEI HATS BEES RE
LISTED KT?iM AN AWFUL DANOER.
Chicago, Nov. 4 (Special).?The good effects of
Republican ?ucee?? ?re already fei?, a great ioa-1
he? been lifted from the mindi of Cht?-ag3 business
men. Merchant? are preparing ?ven now for im?
proved conditions Banker? announce enthusiasti?
cally tha: ther? I? no lunger an embargo on gold
and tha-. It can be had once more for the asking
l.yman J. Qage, when asked whether hi? bank w.i?
now willing to pay out gold, replied emphatically:
"Tee, sir, we wl'.l pay gold to any man who BSkl
for any reasonable amoi;n'. \V<- iinv been delivered
from an awful danger. It m.'.tnn life to all fln.in-ial
and Industrial int.-res's. Thf prosperity that will
follow the victory for National honor cannot come In
a minute or In a day, though a grea- bound was
taken yesterday !n the right direction. It make? nil
the difference m the world in wh'cli direction ?? in?
going Day before yesterday these was a dduht
That doubt overshadowed us all th.- time before elej
Don. Now that doubt his been raised and we know
in what direction we are going. And so It Is with
business men ail over the <?!:>? in every kind of en
terprlse. They are in a State of almost exuberant
Joy." _ _
GENERAL FITZHIdll LEE ARRIVES.
THE ("ONSCLrCRNKKAI. AT HAVANA IS ON MIS
WAY TO WASHINGTON To ADVISK THE
PRESIDENT ON THE CUBAN QUESTION.
General Fitzhugh Lee, United Stuten Conaul-Oen
eral at Hivana. was a paaeenger on boarJ the
Ward Une Me-irner Vigilancia, which arrived In
Qoarantlae :.i?t Bight from Havana. Owing to the
laten?-ss of the h?nir the General ?mild not be seen
?"kr.eral Lee Is on hi? way to Wa.-hlng'.on, whither
be has been summoned by President Cleveland for
pun?o*es of consultation regarJIng the Cuban War
He comes prepared, it 1? ?aid, 10 giVS td the Prest
dent wnatever Informatik? th'- latter may deslr?
as i, (he actual condition "f affairs In Cub? ;.nd
as to Ppiln'a methods of conducting the arar there.
It i* believed tlw the reeull of this coaferen re will
be embodied in President Cleveland's message le
Congres? nest month.
CONGRESSMAN siiER MAX RE-ELECTED.
Utlcn. Nov 4.-James S. Sherman, the Republican
candidate for Congre*? In this, the on?-i?lii-H? rki
mer district, had a plurality of %T%. Hell? (?. Hen?
cock the Independent Kepuhlban candidate, rather
than" imperil the district withdrew from the con?
test Mr. Sherman thu? had every Republican vote.
TRADE QUICKENED AT ONCE.
A WILD SCENE AT THE OPENING OF THE
STOCK EXCHANGE.
THE MAItKET SHOWS THE tOBKOVt Of THE IOUX1V
MlrNf.Y TItltMI'H? ?JOLIi I'QMKS KORTH KROM
ITS HII't.Ni, rULOU THI SUB TltEASfRY
RKPVSn TO EXCTIAXOI UMAIt
TENDERS TOR THE YKL
i/>\v METAL
There was a,? much Joy yesterday in the Rnan
I ciai community over the election ..f McKinley and
1 Hobart and the triumph of sound money a? there
was anywhere in the land. It was reflected not
only in the enthusiasm of bankers, brokers and
others, bul also in an astonishing expansion In
j transactions and a great enhancement in raluea
? In a word, by the verdict <>f the people on Tues?
day confidence In the future of the country was
j restored and doubt anil fear gave way to com?
plote faith.
The scenes In Wall Street were most remurka
| ble The financial district seemed to be a Mecca
1 for sights.-, ip Long before business hours the
' streets adjacent to the stock Exchange were
filled with people. They were not disappointed
in the expectation ?ha? they would be repa'd for
their visit to the money centre. Not In many
years before had there been such sights to see
! there, and probably many years more will elapso
before th<> sights are repeated.
By !) o'clock ;he stock brokers offices were niiM
j with customers. Many of them were Investors
| and speculators who had not ben In the Street
| for months, and some <|f then; n-d for yean
1 Their reappearance in the Street was for the
purpose .-.f making purchases of s! i ks and bond.)
? and not to gratify curiosity. The* though! the
| time had arrived once more to lo.ik for profits in
? securities. By 0-80 o'clock the (tileries .if the
Btock Exchange were packed with an expectant
crowd. Thej were ?, thoroughly packed thai
people who came later could no more sojueexe in
than they could move the walls of the Exchange.
Hundreds wer. turned away disappointed by the
doorkeepers.
PANDEMONIUM AT THE OPENINO.
When til., chairman's gnvei fell at H> o'clock
as a signal for business to begin, there v..is
pandemonium. There were flOO brokers on the
floor, or twice a? many -is usual. Each stood
with ;? little pack ???? of slips ol paper for men
orando hound with s rul her hand In one hand
and with the other band raised in the air.
Scarcely had the travel touched the little block
of marble on the chairman's di *k when the
brokers were yelling and shaking their fists
In each other's fa< es like maniaca.
They were n? t mad The) were buying ai !
selling stocks The wild excitement contlnui i
with little sbatemenl for nearlj an hour Aftei
thai time there was .i i t up in the uproar, bul
for tio remainder of ?h. day the exebangs was
a more animated place than it bad Lsren since
the day ..f the annoum ?mi nl ..f the great Read
lng coal deal li 1801, when the largest day'i
dealings In ths history ..f the Exchange were
record ;
The ,... . j pi ? were from one to seven
i ' la above Ihe . i..--?ng pibe? ..f Monda) for
aim..st the entire sctlve list. After the
commotion subsided prices fell off somewli
?a? to bavs been expected It was estimated
that oni.rs for the parchase of f?OOO.nOil
?i ?imancan stocka wer? sent fron Ne? l ig
for execution on the London Btock Kxrhani
where bus ; ? :? i for five hours before
the New-Tork Exchange opened. It wa?
?ponding sal.? ,,f storks "ti the New-Tork Ex
change t?i make a "tutn" which lowered th
New-York prices There were several brokers
offices which k<pt open all Tue?.?ay nlghl t.. r
ceive orders t.. be transmitted lo London
The London prices foi "Americans" Jumped
up m a rapid rate The chief -.td.-rs cabled i.
l.on.bin were in Bt. Paul, Louisville and Nash
ville, Read Irr New v rfc C ntral, Lake Bhore,
Bonthern Railway, Erie and Atchtson.
COMPARATIVE PRICES.
Comparative prices ..f leading stocks on the
New-Tork Btock Exchange were
M ? , \.? i.
? ? i ?;.. r, H'rri I.i-t
American Rusa? ..111 IJI 133 121 i
? m< ? ... 1 1.1< , .i ........ 7?'. ?> . KO%
Atckison ... i:-, 1714 '- N .
burllngton \ Qulnt-jr . fifi Su m ~.?\
<"hi <k <:?-.7-.", r?u :.??-, ::.
General I. ?? "r: .t . i ? ?g :il
Lake I4H4 Ml im 131
Lnuls?. * Nashrlllt... ???',4 :..?, ;,i >.i,
Manhattae. M St 07% l?.
s.? v ? ? rentra.SS i?h :?" (>?<
Northwest .PC\ IOS Iflfl let
Read in? . ?^'j SOU .'..', yi>'t
Re. k i?;?ni . a:, fnu :i jn
M Paul . in M vu 7?
Wtttern I'ni'.n . ?"? M M <-;\
The total sales of stocks w.-re .",.".'!.",.'!! shares,
an 1 of born); 14,287.000, Including .SI.Tl.im?,
Government honda The sales of st< < k? were
the largest since December 20 <!n the Venesuele
panic), when th?) were 744,139 shares The
saieF of bonds were tin- largest since February
20, when they w.-r? 13,009.000, Including .<<;?-,
(Kin Oovernmenl bonda Oovernmenl partiel
pated with otbei bonds anil with stocks in yes
terday'a Improvement In prices The coupon
fours <?! 192ft, which cins.-d on Monday al U8H,
sold at 120%.
An Important development of the day was
th- satire disappearance of the premium on
gold, which on Monday was i^ per cent, or
$12 CO oh each .Sl.iMiu People who hud been
hoarding gold offered it to the bullk n .balers.
who tint only refuse! ti< pay premium OU it,
but al?.. to give greenbacks In exchange for It.
They did not care to incur the expense of hand?
ling th" gold if they took the Koid to the Bub
Treasury and asked for bilis In place of It
they were told that It could not be received
as Ihe Institution was not prepared to receive
It.
MR. JORDAN'S VIRUS.
Conrad N. Jordan the Assistant United
States Treasurer, said:
"There Is nothing In the t'nlted State? laws
compelling the exchange of legal tenders for
gold, although M hi tnl" wa nave done It when |
the Treasur) specially deMred gold. We have
recently had ? great ib-al of extra work as a
result of gold withdrawals. We are not hunt?
ing for work. We bava as mur h us we can
property attend to. Persons who bnve gold can
easily deposit It III 11 l-Xiik I expect that the
boarded gold generally will be deposited In
banks It Is likely that the Treasury will
soon gain ?onslder-.bly In It', net gold holdings
by receiving An?ay OfltCC clucks through th
("leailng House. These < hecks which are SX?
Changeable Into gold coin, sold readily at a
premium before election. There Is no longer
any reason for holding ?neni back."
Speaking of ? report that Clearing House
balan?ai would be settled In fold, Henry W.
Cannon, president of the Chase National Hank,
who is chairman of the Clearing House Com?
mittee, the governing bod) of the Institution,
said:
"A large amount of gold coin which has
been liourdcil. will, It Is believed, bo deposited
With the banks. In turn the bunks will no
doubt deposit the gold it. Ill- Vaults of the
Clearing House, I blch are capable Of holding
170,000,000 In addition to the 182,000,000 which
they how contain, ami for which certificates
have been issued. Very likely more or less gold
will be used In payment of Clearing BOUSS
balances, but as ?t Is more- convenient lo use
currency and currency cei tlncite?, I presume
Continue?! en iiveulU pa??.
HANNA WILL TAKE XO OFFICE
AN EMPHATIC DECLARATION TO FRIENDS
IN CLEVELAND.
HIS STATEMENT A roNcr.rsiVE REPLY TO POPO
IRATIr INSINUATIONS OF SKLK-SKEKING
-T1IK NATIONAL CHAIRMAN AH AN
ASTER DINNER SPEAKER.
f'IT TKt.KrSKAPM TO TMK TIlllH'NK.]
Cleveland. Nov. 1. -The s?-nsatlon of the hour
in Cleveland is th- speech made by Mark Banna
last night at the Union Club, on th<- occasion of
a dinner gl ren by him t?> twonty-five of his inti?
mate personal and political friends, to celebrate
the clos,! of th? campaign. 1'ntll this year he
has never made a speech, but he has suddenly
developed g remarkable capacity for brief,
pointed ami eloquent addresses, which ?eems to
prove once more that It Is occasion, and not
practice, which makes orators. His speech last
night was not b-ss remarkable In manner than
In substance, it was evidently without prepara?
tion, but was delivered with a grace and dignity
that many professional after-dinner speakei-s
1 might envy.
In brief hm touching words he referred to his
lifelong friendships with ;h<>s" about him. friend?
ships mor.- precious, ha ?'aid. than any earthly
honors could be He wound ?p with the an?
nouncement that no official place could tempt
? him to give up his home In Cleveland and his
dally association with the friends with whom hi*
bf" has been spent The loud applause with
which the speech was greeted was followed by a
blank silence whli h was s ?on broken by the
eager protestatlona of bis friends against the
great manager's self-denying statement. These
seemed, however, t.? have no influence on his de
termlnatlon not m accept office.
The meiden) i? much discussed to-day In po?
ll'- il rlrclea it had been taken fir granted that
Mr. II.mi..i would occupy a distinguished place
In Mr. McKinley'* Administran in, and his
straightforward statement laal night is regarded
as a crushing replj to the Insinuations of the
enemy thai anything except patriotism and de?
votion have dictated h'.s ?cent action. I' Is ad?
mitted that no office '".ill add to the distinction
he has g.nn.-d by the magnificent campaign
Which he has brought to so triumphant a clone.
?
CONOR ITVLATINO M'KINLEY.
A PLOOD OP TELEGRAMS RECEIVED DRLE
OATIOX8 OF VISITORS
Canton, Ohio, Nov. 4 Major McKinley had a good
r--t u.:~ afternoon, and ->i"-rit the rarljr pan of
I.Ing m bis ni.r.ir\. surrounded by ;> group
of frl id- .i' i newspapermen. He we* \isit.d by
thre? ?!?:?, ??'...r;-< to-day. They came from Mi?
nn.I ( ')? veland, in I -ii" State, The
Clev? land d< leg itlon In forme I
-?r the Thirty-ninth Ward. Major
Mi Kind . n ade ? *peei hi ?, l"it appear? d for a
?un'- on th? porch and bowed to his visitors
There wer? . great man) reliera in ?mall groups.
??. I -. ongratulated I he
Major
\l ,: r \I . II ?W* t ?? ? iy
I A*? it? i Presses,
me over hi* private
v Thi f the United A?*o
?i m i ac M i > api ? ?? o.m
rr was some es Itemeni
: . . , itlon Of -i bulle?
tin !-- ?.. V ? ? r-sj Ptess, s-aniig
.. ware certain for McKin?
ley T * i | ffcr a tune, m 1
"'. - ?..?..-'-?;? lisy answering
? . . ? ? - Tb!? ?am.
? ? ?lier Ohld .-?tie?
Teh - - .. -?-.Il pouring in.
Thomas II !.???: telegraphed to Major McKinley
?i. in Ban Krai ? ? i-??!?* on the ?uc
. i 'allfornla alao ?*? m* *afe."
M . ?: .-; ; ? New-York, telegraphed: "The
til f Nee \..rk would be delighted to give
you i r< I'ptijii m th? Qovernor'a Room m the
City ? - ? ? rl\ i day i ? po**lble, and 1 offer
. - ?I alfe lhe hospitality of my home
.- -?
? 'ol??n< .1- ? ? ' - -? : ? ' ? - and blQgra
phei "t Pre -, ! -.: Lincoln, telegraphed from Cleve
? ?hlo lleartfeii , ongratulatl?ma on the
?? ? -i under your In
II-, ei,.I ..ii He .1. Ilveranc? of the
f the i i.-1 tf*i danger* thai <\ er
well ? ind great n* me ??
T C Plan "Neu Y'.rk State and city have
shown tie n fid? lit) to th? great principle* of the
R??ptibll< -i. . m?* which you represent, and have
done Ihell 'In:.'. ::. helping 10 link, youl majority
r?. .? i-1> i f i ? ?-1. ? and your ??1? lion o\ rwhelming I b? w
to lemlei tin ?In. ? o un : ' cart) ? ongratulutlon* "
.1 it Foraker. Cnlted Btate* Senator-elect. Cln
? ? m. "\\<- kne? Saturday that you would be
. ? ?- .i We I -.v. know tt it you are elect? d, and
thai your vlctorj i- tie- tin.--: triumphant, ?ignlfi
... i and Important sine? t';.- war. Accept my
heart!? : congratulation? and Ixeni wish.- for the
?ucee*? of your Admlnstratlon
i: lw.i'.l I ind i c orge It- Manchester, "?
th. Reim 3tat( Coi im Iti ? if \. ? y ,k "Ac
.-.-,.; belated, ?-it not the c -?- earneai and sincere, eon
if the ''.. mt) < ommlttee .?f the lb pub
. m On . latlon ? <'. New-York The normal 75.000
Tamman) majorlt) 'ii- been overturn? 1 and > Me?
lt, ? ?- maj irlt) .t n,0M - ? ? - i tltuted to the
c*?i?e, .,p-l ..i- onl) regret :s thai !?:>? 1 '. tn . ???-1-S ,.|,.,.;
by very slender majorities three Congressmen we rx.
i - ?? : -.. ele ? IVe fi -, thai Nati mal r? pu II ?don
and the vuhstRution of moh rule foi Ian und irder
nave been annihil?t? I, <? it merel) subordinated, and
.ma't with great Intenstt) ih? Initiation of McKin?
ley'? administration a? the dawning of .? great pros
perlt) "
?
UKIMEY T<> START THE PIRE8.
Tin: president i:i.y t will rsHER in thi: WEtr
bra of PRoaPEnrrr is north tonawaxda.
North Tonawanda, N. T., Nov. I (Special). The
biggest demonstration ever witnessed in Niagara
County will occur at this place to-morrow after?
noon. The much-t tlked-.ibnut prosperity will he
uslirre.l Into North Tonawanda by none other than
William McKinley himself. At t'M o'clock In the
afternoon the ritlsena of this and surrounding
towns win congregate at Main and Boundary sta .
winre a pr<.salon srlll he formed, a number o?
trass lcunis- have lo-en secured, end the long lie?
of men, tremen and children will proceed to the
Tonawanda Ino-. mid Steel Work?. Here every*
thing has i.n arranged for the formai opening
of one of the most extensive Iron Industrie? in
the country Large stacks of kindling wood, sat?
urated with kerosene, have been piled up in the
furnaces An electric wire Is connected with the
pi;.- ?,t this end, and the other end of the wire
tuns into McKlnley's home at Canton Promptly
at :: J? "'clo. k. the ncxi President will press the
button and S ?park will start the fires that have
so long been dead Immedlatel? <ift?-r this ha*
be.-n done, th- "wildcat" WhlStl* on (he North
Tonawanda waterworka plant win give the signal
r.very min steamboat and the alarm to join in
saluting the low Industry. Hundred? of men will
find rmploynn-nl si the ln>n foundry, and a num?
ber of other fai lories will kindle the iir?-? In their
bith.-rto cold furnaces, it will i? ,? day of rejoicing
in the Tonawanda?, a.? elsewhete, and the prospects
oi ? "hard winter" have been complet?is oblit?
erated Airead) there are two Job.? for each work
Ingman h? re, and by to-morrow night labor will
be a' a premium,
a ? ?? -
MORE WORK AND RETTER PAY.
PENNSTLTANtA RAILROAD SHOPS SAID TO HAVE
C.o.NK ON PULL TIME.
I'ittsburg. Nov. 4 "T' e Leader" publishes the
following this afternoon:
"For about three years the skilled workmen em
ployed in the Pennsylvania Railroad shops i>e
Iween Plttsburg and Altoona have been working
only five days In the week and only . bjhl hours a
day. This momlng the general superlnt?'iid?'nt of
the division Issued i.ii order restoring all shopmen
to work full time at six or seven days a week, as
desired by the men, at twelve hours a day, and at
an advance In their wages uf 10 cents per day all
arOUnd. Notice to the above effeot was posted at
I o lock this morning In the Twenty-eighth and
Thlrtv-thlrd ?t*. s''o?>s. a? a result si?i idle men,
Who had anticipated the turn of affairs, were on
'?ami and went to work. To-morrow the order will
Ko In!" effect at th.- Walls and Altoona ?hops. M.
w. ?'handi.-r. th* general secretan of the Penn?
sylvania Railroad department of the Y. M. C. A.,
stated that the above onb-r Is the result of ye*.
lerday's ?lection."
Inqulrv at the office of General Agent Kotiert Plt
calrn failed to s-, ni,- a contlrinatIon of the report.
T>e Information, they say, must come from Al?
toona.
THE GREAT VICTORY SECURE
NATIONAL HONOR VINDICATED
MKINLEY AND HOBAUT HAVE A SOLID
MAJORITY.
AT LEAST 27.? REPUBLICAN ELECTORS.
THF. IIOf?F: OVEItWIIELMINr'.LY ItElTHUCAX AND
FOR SOfNI) MONEY?THE SENATE CLOSE
NEW YOIIK CDMES TO THE FRONT WITH
iraOOS rH/RALITY KOK MKINLEY,
2;c.<iOO FOR A KEI'tHLIOAN GOV?
ERNOR AND A JOINT LKCJI8LA
TIVE MAJORITY OF 102.
All the substantial results of the ?lection, as
i Indicated by the first d?snatches, have been con
lliinetl by later reports. McKinley and Hobart
i have at least 273 electoral votes out of 447. being
j 41? inore than are necessary to elect. The next
! Congreas trill have a Republican plurality in the
| House exceeding loo, and a majority over all of
87. In the Senate there will probably be 40 Re?
publicans, and the same number of Sound Mon?'y
Senators.
The latest dispatches show that some States
originally claimed for McKinley have chosen
Bryan electora, while others are doubtful. Thus
I It is now known that Bryan has carried Missouri,
i North Carolina and Kansas; South Dakota is
still uncertain.
New-York gave McKinley a plurality of 270.?
! OIK?, and Black, for Governor. | plurality of ?U?.
000, the difference representlug the Sound Mon?'y
Democratic vote for Griffin. The new Assembly
will contain 11." Republicans and S3 Democrats.
The Senate, which holds over, contains 3? 5 R??
publicans and 14 Democrats. There will, there?
fore be a Republican majority of l<rj on joint
ballot to elect a United States Senator in place
of Hill. New-York City sends VI Republicans to
the Assembly and 'l'.\ Democrats; to Congress, ."
Republicans and ?"? Democrats. Brooklyn Re?
publicans elected IS out of 21 Assemblymen and
all fivp Congressmen. The delegation In Con?
gress from this State will stand 'M Republicans,
." Democrats.
The great majorities first reported from all
New Englaml. New-York. New-Jersey and Illi?
nois an- in.-reas? d by fuller returns, while Mary?
land surpassed all predictions, with a plurality
of more than 90,000, With the vast plurality }n
this Stau- in creas Inc. and that In Pennsylvania
l<ss than the Party Indications, New-York may
prove to be the banii'T Republican State.
THE ELECTORAL VOTE.
STATES FOR M'KINLEY.
California . 9 New-Hampshire ? 4
Connecticut . 6 New-Jersey .10
Delaware . 3 New-York .36
; Illinois .24 North Dakota . 3
Indiana .15 Ohio .23
Iowa .13 Oregon . 4
Kentucky .13 Pennsylvania .32
, Maine . 6 Rhode Island . 4
Maryland . 8 Vermont . 4
' Mas-a.hus.-tts .15 West Virginia. 6
! Michigan .14 Wisconsin .12
! Minnesota . 0
Total .273
STATES FOR BRYAN.
Alalnma .11[ Nebraska. 8
Arkansas) . 8 Nevada . 3
Colorad? . 4! North Carolina..11
Florida . 4. South Carolina - 0
(t?orgla .13 Tennessee .1*4
Idaho . 3 Texas.15
Kansas .10 l'tah . 3
Louisiana . 8 Virginia .12
Mississippi . 9 Washington . 4
Missouri .17 Wyjn.lng . 3
Montana . 3
Total .170
IN DOUBT.
smith Dakota. *
HK'-Al-ITI I.ATKi.V
electoral votes for McKinley.273
Kits toral votes for Bryan.170
In .louiit. 4
Total .**J
Necessary to a choice.. .2*4
PLURALITIES BY STATES.
1S-.12 1MH1
Marri CI?*? Me
?..n. land Kinl?\. Ilr\ an.
al.?. . ' . '?:!''' ....... :10(?,;>
trkantat . ?.?M . -'??"?"'
? . ' rala .'. u* .? ? \
l? (o, i ? , . . ?14.I?V4 . ":?,<??)
? ? It . t.flO M.N* .
IVlawar? .i. 9* 2.i?ro .
i ?-t,,ridi . . as.foo. t?.(Ni)
Dsnrala . ai.OM . l.Vft?)
? |,!.,!?, . M.021 - . 13..
| Illinois . *yw l'-'V'"?' .
I Indiana .' ? ??? "???*? 'S?? .
|owl4 . 2.142*. so.uort.
Ksnsss .I. ?*.?T?|., ?.OOa
K ? lui-kv ., W.?? 2.""? .
I,.iil?lnna .? ?? ?U.S*0 . W.OrrO
M.In? . I4.S70 . 40.000.
Maryland .-??;, ?M? ?0 *2T .
M.,.?, hus.ts* . -rt<??l . IOS.US.
Ml. I laan . 5J.41? . 2S.O0O .
Minnesota . ?.BOB ....... .wnoo.
M m ?slppl . :ft:,sl . :t"""?
M,., url . 41.4SO. at.ono
Montana . '?***-. . 15.000
SVbratha . ?.0JI. fi.?m
Stvada .1.1 ?4.4R3i.? r..oo0
SVsr J?rt-y . l4.eT4Sl.STS.
S?? HampahUe . ".??*". ?.000 .
N-?v V.irk . 48 M? 272.427 .. .
Sorth Canllna. at.asa . m..?iii
v.,rh Pskot*. ?ISl .'nine .
111,1,, . 1.072 . M. 7.11 .
nrsgnn .' MSTI.' 8.0001.
Pennsylvania . 03.747 . 277.024 .
Rhode Island . 2.iW7 . 3X.190.
s a-h Carolina. 4l.:i47. K.OOO
sari. Dakota .' fc*44. r>.iy.<.
T*nn?????? . 3S.n4.1. .
Teal? .i. ua?co. . 7.V000
l'tan .,.- Sir,.??!
Vsrmont.'51.0*7. 41,0001..,
Vlrfin!* .I. Mr,7l5:.I 2n,0i?)
Washington . ?.6:.s . '. Kk.itsi
\V*?t Virginia . 4.1S.1 1ft.COI_
Wisconsin .!. ?..'.44 ftft.ono_
Wjromloj .I Ttg. .!....
?W?e?**r.
INDIANA SAFELY REPUBLICAN
M'KINLEY'S PLURALITY ABOUT ?l.OnO AND A
REPUBLICAN LEGISLATURE ASSCKED.
Indianapolis. Nov. 4 (Special) ? It Is probable
that In.lianii gives McKinley her electoral vote
by a plurality of about 20,000. The returns a-e
exceedingly alow and are trying the patience of
both sides. Latest returns show that Southern
Indiana has largely Increased Its Democratic
Tote, while Northern Indiana has largely In?
creased its Republican vote. Chairman Gowdy
claims the BtatS by the figure named. "The
Journal" mak?>a the same claim. The Republi?
cans claim ten of the thirteen Congressmen,
though the election of Lundis In the IXth and
Leighty in the XHth District Is In doubt. It may
take the official returns to determine in these
districts. Landls was opposed to Joaeph B.
Cheadle, who formerly was a member of the
House as a Republican. O. F. Fairbanks says
that the Legislature will be Republican In both
branches.
Chairman Gowdy at S o'clock ?aid: "OtTlclal
and .semi-official but trustworthy returns from
forty-five Republican counties and thirty-six
Democratic counties have been received. The
plurality In the Republican counties is 37,021, and
the Democratic plurality Is '2\,'2'2\. Trustworthy
returns from the legislature show that the Re?
publicans will have control of both branches and
about twenty majorltv on Joint ballot. The ten
counties yet out are small, remote and half Re?
publican."
At 1(1 o'clock to-night Chairman Martin of
the Democratic State Committee conceded the
State to McKinley by 28,000, while claiming the
election of five Congressmen?Meyers In the lid
District, Zenor in the Hid, Holman in the IVth,
Cheadle In the IXth, and Robinson In the Xllth.
The Republicans concede all these but Cheadle,
claiming the election of Landls by 600.
CALIFORNIA SAFE.
M'KINLEY HAS A LEAD WHICH CAN1?
BE OVERCOME.'
San Francisco. Nov. 4 (Special).?California la
safe for McKinley. I'p to 8 o'clock this evening
McKinley led in California t?y 7.0>HI votes. At
that hour return* had been received from 1.876
out of 2,377 precincts. These gave McKinley
128,186, and Hryan ISMS& In spite of changea
In several counties, this lead cannot be overcome,
as San Francisco gives W88 majority for Mo
Kin l-y. Democrats expected it to go for Bryan
by 1.000.
Mr. McLaughlin, of the State Committee, as?
serts positively that California haa gone for the)
Republican candidate by from BvOOO to 6,000.
The Republican papers In this city give the plu?
rality a? ranging from .",000 to 10,000t "The
San Francisco F.xamlner," Democrat, concede?
the State to McKinley by 3,000.
The next Legislature will stand: Assembly?
Republican?? 4*1; Democrats, 10. Senate?Re?
publicans, !*; Dem?crata, ti.
Complete return.) from every precinct la San
Francisco but on?- give McKinley 30,848; Bryan,
90,482.
-?i
A VICTORY IX OREGON.
RETURNS ALMOST COMPLETE. AND M'KIN?
LEY LEADING BY OVER 3.300.
San Francisco, Nov. 4.?Nearly complete ro
turns from all but six ?mall counties In Oregon
give McKinley 34,054; Bryan, 31,709; McKln?
ley's plurality, 3,??4."?. Complete returns will noc
materially change the result.
Portland, Ore., Nov. 4.?Incomplete returns
from twenty-six counties In the State, with
Dlxey to hear from, give McKinley 32.133;
Bryan. L'7,400; plurality for McKinley, 4,124.
McKinley has carried Multnoman County over
Bryan by over !?,30O votos. McKlnley's majority
over Bryan In the city of V< rtland Is 4.S71. The
National Democrats all v ited with the Repub?
licans in yesierduy's election.
The Republicans will have In the next Legis?
lature a majority <?f twenty-four on Joint bal?
lot. Ther? will be fifty-seven Republicana,
eighteen Populists, five Mitchell Republicana,
three Union Bimetalllsts and seven Demo?
crats.
In accordance with a promise made two
months ago, ex-Governor Pemioyer, now Mayor
of Portland, Is reported as saying to-night that
he will writ? his resignation to-morrow, Mc?
Klnley's election being Indicated.
XORTII DAKOTA ALL RIO HT.
MKINLEY TARRIES THE STATE BY ABOUT
S.OOO-THE LEGISLATURE OVER?
WHELMINGLY REPUBLICAN.
Bismarck, N. D., Nov. 4 (Mpiflal) latest re?
turns from th4s State show no change from es?
timates made last night McKinley and the
Republican ticket carry th?? State by .".??Hi ma?
jority. Johnson, Republican, is elected Con?
gressman by about the same majority. Eight
hundred out of 1,213 precincts received, give
McKinley .'l.siHi majority. Chairman Casper, of
the Republican State Committee, telegraphed
to Governor-elect Briggs to-night, congratu?
lating him on his election, and stating that hie
majority was at least (?.(KM. The Legislature
is overwhelmingly Republican.
KANSAS APPARENTLY FOR HRYAN.
HI8 PLURALITY ASSERTED BY THE 8TAT?
MANAGERS TO BL 19,0*0.
Topeka, Kan., Nov. 4?Fusion headquarters
now claim the Bryan electora by 10,000, the
I State ticket by 13,000, seven out of eight Con?
gressmen, five out of the six Judges of the Ap?
pellate Court, and a majority of twenty-six la
the Legislature on joint ballot.
Kansas City. Nov. 4.?Telegrams to-day from
Kansas Indicate that Bryan has carried the
State by ?.000. The returns, with the exception
of those from Leivenworth and AtchUon coun?
ties, Indicate heavy gains for the silver forcea
The State ticket seems to have run little behind
the ele? toral tick?t so far as h?"ard from.
GAINS IX MICHIGAN.
M'KINLEY'S PLURALITY MAY REACH SO.OOS-.
TEN CONGRESSMEN ELECTED.
Detroit. Mich.. Nov. 4?The late returns front
the State continue to show Republican gains
over the Vfite ?'f 180& The leaders of the Re?
publican party in the Upper Peninsula claim
that McKlnby's plurality in that section will
reach IS M h to, and if the official figures bear out
their claim, the Republicans have carried the
State on the National ticket by nearly 50,000
plurality.
Mayor Plngr.e, of Detroit, Republican candi?
date for Governor, has carried the State by
fully 60.000, and runs more than 10,000 ahead
of his ticket.
The Legist mire is overwhelmingly Republican,
although the Fusionists have el?>cted twenty
two Representatives and live Senators. Two
years an?, John Donovan, of Barr. was the only
anti-Republican who was electett In either
branch
The Republicans have carried ten out of the
twelve Congress districts. A. M. Tod?l, Silver
Democrat. Is elcted in tb.e Hid District by a
small plurality, and F. A. Bocker, Silver Demo?
crat, has defeated W s. Ltnton (Rep.) by about
1.00? plurality.
The Republicans have elected the following
Congressmen: lr-t District. John B. Corliss}
lid, George Spaldlng; IYth, II, L. Hamilton;
Vth. \V. A. Smith; Vlth. S. \V. Smith; Vllth,
Horace G. Snover; IXth Roswell P. Bishop;
Xth. R. <>. Crumpy; Xlth. \V. S. Meslck; Xllth,
T. C. Sheldon. The Republican pluralities for
Ciuigieeeilisn ranije from I.ihk) for Crumpy ta
1'J.ihm? for Sheldon.
SOCTH DAKOTA.
REPUBLICANS WELL AHEAD FO FAR ANT*
CONFIDENT OF VICTORY.
Yankton. Nov 4 (Special).?Cut of 50.000 vote?
received at Republican headquarter* the Repub?
licans have a majority of %B08, and Chairman
Elliott is confident this majority will be maln
tained. From present Indications the legisla?
ture will be close ?m joint ballot and may possi?
bly have a small majority for the sllveritea,
Thirty-five thousand votes are yet to be received,
and it may be Impossible to know the exact re?
suit in this State to-night.
KENTUCKY PROB AR LY SAFE.
BELIEVED TO HAVE GONE FOR MKINLKT
BY A SMALL MAJORITY-8TILL
CLAIMED BY THE DEMOCRATS
-BLACKBURN'S MOUTHINGS.
Lexington. Ky., Nov. 4 (Special).?From the moat
trustworthy estimates to-night Kentucky haa
srone for McKinley by a majority of 2.000. and pos
slbly a little more. McKinley'* majorities by Con?
gress district* are a* follows: Hid. 45; Vth. 12.1&4?
Vllltb, 2.388; IXth. 381; Xlth, 9.?V.; total. 24,661
Bryan's majorltie*: 1st District. lO.flBl; lid. 4.06ft
IVth, 2.399; Vlth. 3.2C7; Vllth. 1,465; Xth 1.768; total,
22.999
This leave* a net majority for McKinley of 1.664.
The Xlth District U composed entirely of mountain
counties, which usually require several daya to hear
from after the vote I* polled. In this district Gov?
ernor Bradley last year received a majority of 12,00k
while the estimate here ?riven 1* 2,400 lea*. All the
return? received so far from the mountain counties
show a slight gain for the Republican* over Gov?
ernor Bradley'* vote, so that the Xlth DUtrlct may
Increase McKlnley's majority to nearly 1,000.
Chairman Da vie, of the State Executive Commit?
tee ot the Sound Money Democracy, telegraphed
to-night to Second Controller Durham that ?vea??