Waterbury evening Democrat., 1893-11-11
THE TIDE HAS TURNED.
The Election Followed by an In
crease In Business.
SUDDEN BOOM IN IRON INDUSTRIES.
buns Review Announces That the Return
of business Prosperity Is Now Well Tn
der way-The Dry Goods Market Feels
the Change e. and MN Towns WIN Rejoice.

! NEW YORK, Nov. 1.-the weekly re
4 view of trade issued today by Il e. Dun
/ q Co. announces the return OF business
. prosperity as follows; The turn OF the tide
| has come. Since the elections there has
been distinct Improvement in business
and particularly in manufacturing There
/ Is some increase in actual transactions aud
much more in the tone OF business Men
Of all parties feel that there is ground for
greater confidence, the silver question be
/ ing put definitely out of the way and the
! chance of disturbing action III other re
spects being lessencd, while the right of
the people to ruiz their rulers has been
indicated
While it is yet too early to look for great
changes, there is already n distinct i'm
proVement in the demand for manufac-
tured products since the action on the sill
yer bill, some increase in the output OF pig
iron and in sales of wool, in the building
! trades in several cities, and the failures for
the week latest reported show lower liza
bIlities
In brief, the recovery which began when
the silver repeal bill passed continues with
increased strength.
The speculative markets have not chang
ed, though the improvement in the stock
markets which was expected from the sill
yer bill comes slowly. The average Of
prices, though slightly lower than a week
ago, Is no longer depressed by heavy realiz-
ing OF home and foreign holders
Iron Market Il Active.
The sudden fall in the price of steel rails
which has been maintained at 80 for a
long time, but is now 80 ut the mills, has
Drought the quick enlargement OF demand
Whlch might have been anticipated, and i'll
turn 'he demand Tor ore, coke and pig iron
improves mere Is also better demand
fDr
west, though no improvement As yet ap-
pears IN prices, and with few large con
tracts taken nj the east prices are never
'hTieSs at the lowest point.
ne Lret week oil November has passed,
ana thousands al business men breathe
more freely because the unprecedented fail
ures III dry goods have been much less nU-
merous and less important than was feared.
y" douot II Is true that many concerns
nave been carried over by extension, but
even moderate revival OF trade will en-
apIe most OF them TO weather the storm.
n sFau""I Improvement Is seen IN the mar
i Ae' lor cotton goods with slightly better
'N's ~ prih' NIot rs ana some ot Nor grades
- 1851 ne s'.ts vi WOOL Tor me week have Aren
'o'i'-'' p"u"iS al 'he three principal mar
Ne'S, "s"l'S' o'-I''''" I"st ear. nile the
IlUNt"''t"h VI men Wo"trhs from June |
20 . Nov. was only i"'i'",'I" Yards, against
I'''o"'"'" lot the same period last year
there Is Soou reason TO expect a larger de
man" hereafter nus "rut~S for spring
, MGT'>l'I ""l' t'e"'l! 'h'r''seu' and with
IIt'is men H"NS some ","'Fr looked al
.V"i! o'' u"' enough INC tAA'ES Is al
It, '"t"I'"n',
~ ne N"t"'n' I'll u"'h's'it Trade though
- " He"i Az s'"" C"nel"'fa-
DIH Ie>> S'se IMAM "IIt"rVu III Stpttm-
~ VI No,o?SI' we eASHSnSe> a' clearing