Salt Lake Telegram | 1923-12-22 | Page 6 | Grain and Provision Trend for Past Week

Grain and Provision Trend for Past Week CHICAGO Dec Evidence of the pressure of supplies and of the Canadian surplus In has been effective about lower prices for Wheat this inia week General soiling selling which was witnessed in the wheat market a as the wee week drew to toan toan an end appeared to be with wIll enlarged deliveries here on contracts and with notice taken of if the huge amount of wheat ted to b be becoming coming Into this country from Camilla and entering Into domestic use Bearish Bear ish 11 sentiment was Wa also Increased owing to obstacles any loan to Germany based band on food payments having priority over reparation Government crop reports report from Wash baton ington bad a further depressing Influence ence on the wheat market Inasmuch a as the production estimate for 1923 was larger than the trade had looked for Nevertheless for a liquidating market the declines were much more orderly than might hay have been expected and the main selling felling appeared to be on the part of miscellaneous holders rather than f fon concentrated interests al although si- si though opinion on this thia point varied Unfavorable weather together with as assertion ss- ss sections that farm feeding of corn wa ws about equal to last years year's record tended to uphold the corn market Demand for oats was slack Provisions averaged lower In sympathy thy with the hog bog market