Salt Lake Telegram | 1926-01-23 | Page 3 | Weekly Butter Review.

YV REVIEW Il i iu en CHICAGO Jan a 23 3 AP The AP-The p The butter market for the wee week Ie opening with the nervous unsettled condition which has hns prevailed for tor the past several weeks still Is' Is much In evidence e On Monday and nd Tuesday the tho markets were pre all easy and unsettled with buying Interests barely sufficient to take care tare of ot tho the new arrivals of oC fresh Cresh butter butler There Thero also appeared to be a n. general tack lark of ot confidence confidence con con- In the tile condition of oC the markets among both receivers and jobbers jobber After Atter several severa weeks of ot sluggish tradIng tradIng trad trad- Ing and a I general lack of oC confidence with no definite trend perceptible the tho sudden strengthening of ot the tile market on Wednesday came as a decided surprise to almost all who have been following the situation As a n matter malter of oC fact while many nany of or orthe the dealers had some confidence In the tho situation there was considerable hesitancy hesitancy hesi hesi- tancy about following the marke to er levels However vever buyers for tor consumptive consumptive con con- needs had permitted d stocks to reach a 1 minimum an and sensing the tho advancing prices prIcE's began operating more iere extensively and anticipated future re requirements requirements ro- ro to some extent This heavier buying on the part of ot the distributors of butter greatly aided alde 1 In Jn restoring confidence In the markets and re resulted In a I certain amount of oC speculative buying Stocks of ot butter on dealers' dealers floors were soon exhausted u end n lr l some come r sharp r price advances ad on r all markets w were noted ot The Tho sharp advances may to a certain i extent b be attributed to the fact tact that many distributors of butter have havo changed from storage butter to fresh I thus creating a demand for tor fresh tresh butter u i