Show CORN UNDERGOES SOME SET BACK Change of Sent Sentiment Is IsI I Cause of Small Decline i Chicago Chic Jan 3 Corn 2 Corn underwent a a. setback In value today owing largely to belief bolle that the crop movement would be bo on a broader scale n next t week eele Prices closed unsettled Jc e c to He not net lower with January to 1341 and May 1313 1312 to 1212 Oats lost loat Jc c. c In provisIons provisions provisions pro pro- visions tho outcome me was to adVance ad ad- vance At first the corn market showed an m upward tendency as a result o of below zero weather and of ot continued scantiness scantiness scantiness ness of or receipts Later however values values val val- ues be began to respond to predictions of rising rising- temperature and to advices that cars were more plentiful in parts of Illinois an and Iowa Bearish sentiment due to the inference that rural shipments shipments shipments ship ship- ments would therefore increase was further urther emphasized by a a. falling failing ot off in export demand for tor oats In this connectIon connection connection con con- I gossip was current that the seaboard was reselling reselling- to tho the west oats which had been purchased for tor r- r Europe Under such sueh circumstances week end covering by b shorts failed to rally the tho corn corll marl market et to any great extent Oats Oat like corn corn were weak except at the start Selling was led by a prom prominent I n 0 fl I sp speculator C CU In to r wh who o U unloaded n I oade d about one million bushels Higher quotations on hogs gave gMe firmness firmness firm firm- ness to provisions Demand though was light Offerings lacked ed volume too despite weakness of oC grain Cash grain and provisions were Corn No 2 3 mixed not quoted No 3 Z mixed No 3 yellow elloW not riot quoted ed No o o. o 3 yellow Oats No I 2 white c No o. o 3 white 5 Rye ne No 2 Barley 14 1420 lS ig Timothy seed 12 Clover Clover Clo Clo- ver VOl seed Pork nominal Lard 2350 2300 Ribs 25 Quotations for futures wore were Open HI High h. h Low Close CORN COR January May ay 1333 July July 1312 1 1295 1301 OATS OATS- May ray 84 82 83 July JUl- 77 77 77 76 76 PORK Januar January May 10 LARD LARD- I January 2350 2350 2347 2 2350 50 May Ma 2460 2460 2155 2455 5 2 24 57 RIBS nIBS January 1920 1920 1 1910 10 1915 May la 1995 19 95 19 1995 95 1987 1087 1922 1923 |