Waterbury evening Democrat., 1894-08-18
A DEFINITE BASIS.
Signing of the Tarin BIiI wni Start a Bu.
 ness Boom.

ness Boom.
 NEW YoRK, Aug. 1S.-R- G. Dun & Co. s weekly review of trade, out today, says:
 The new tariff bill, if signed by the president as expected. provides a definite basis for business. No supplementary leg islation is thought possible until next year at least Large improvement has been expected from any settlement, the more because of 0 vast amount of business deferred from week to week in tho hope of more definite conditions. Tho rush of such business, or even a part of 1t, might easily double transactions for a time It Is not to be overlooked that the effect of new transactions upon many branches of industry and trade. Is problematical and may be determined only after somo months of experience, and meanwhile the serious injury to corn and some other con. ditions exercise restraining influence. While it Is not wise to look for great boom there is warrant for c reasonable and prudent hopefulness-
 It is too early to 1ook for effects of the new situation in the great industries, but the gradual recovery which has appeared ior some time is sssn in better demand for products. Spe ttlation in wool has been stopped ard the sales, which have been 6, 6,929, 750 pounds for the week and f. against 3,39T, 100 last year and l6, 3S5, 300 in 1892, naturally diminished on wcdnes- | day and Thursday, as it Is expected that | the recent advance may be lost though no change yet appears.
 As wooden manufacture has the old du- | ties with free wool until Jan. 1, orders are expected to be governed by the con suming power of tho people, with the ac- cumulatcd business so long deferred, and Ia sI2 Ia hnsz ,.,h 9, crowd the mills at work on some special | ties it has been far short of the capacity of all the works in the country. Makers | will be pressed within the next week tC | put prices on spring goods of which a few lines arc opening.
 Cotton manufacturers have been carry. ing extraordinary stocks of goods for the country, and the strike threatened at New | Bedford will not alarm them, but the TO duction of wages seems likely to be ac | ceptcd at Fall River A smart increase in transactions is reported. buyers and | sellers having at last common basis foi judgment
 Resumption by iron and steel work. | which were stopped by the strikes con tinucs to depress prices of some finished products; but, with more furnaces operat ing, prices of pig iron arc not lower. Com parisons given today show fall in prices ranging from 20 to fl per cent in iror and its products since October, 1890 | which sufficiently accounts for the idle 1 ness of more than a third of the works | Tho demand for structural forms seems smaller, does not increase for railroad uses, though traffic improves, but for som' other products Is better.
 Tho boot and shoe industry leads al others in recovery from depression, anC shipments from Boston for two weeks ar 47 per cent larger than last year, order for low priced goods pressing shops tha produce certain qualities, although mos manufacturers arc working on orders GOV ering only week or two. Demands fo speedy delivery and numerous sales iron stock Indicate that iObbers arc carrying short supplies.