Salt Lake Telegram | 1924-03-09 | Page 24 | King of Rain Market

KING fN IN MARKET I nv March 8 0 Corn Corn strength titan than Increase of the import duty to be the chief chie price pricel actor in the tha grain gram market to- to l of corn cor hero here for the day In some weeks and lead had a bullish effect nt and Ind on wheat and oats as ns Corn Cor closed firm 14 4 to Vic c net IMay May Y 81 with evilS wheat steady ha had hado Il lower t to advance v tiM May Mayto to 1 HH h and n July u to Oats s i to U 1 to fee so o shade to lie liet showing a lc t 1 he corn cor market began to reflect archly of receipts receipt wheat tended ard ln price traders trader apparently ng ho view that bullish bulish aspects ratio had I already been dis- dis the unlocked unhooked for tor 1 and that of the tariff o on mill 5 t Incentive e fly to sell ff Gossip o possible p passage sage of the McNary- McNary n led ted also to considerable sell sell- sel- sel eakes of ot foreign exchange was 11 tp bearish influence On the oth- oth Id d reports of damage to attracted some notice and the upward swing of ot the helped wheat to tte tl recover tl the preceding decline Ie r mar market t scantiness re re- n n absence absenCe of ot consignment noId no- no off gd d Industries to bid up values Id previous sellers allers making haste to tn lr I trade position a a. a sudden I prices ensued whereas earlier earler ha he Ibsen been sagging ragging quotations as a 0 tar cold weather eather and because cold Deduction n of th duty t on mill mi Oat f were ir Joo governed er by corn or t n lc lc on n hogs gave a a. lift Itt to toC C alien market