Show I DAILY V GRAIN OI IN LETTER LETTER I of or Chicago tele telegraph telegraph graph thor local James JamesA A Pollock Co eo over oer their private wire on the and provision lOll aa liS follows i Dee Dec 3 Wheat Liverpool market declined frac fractionally on more favorable Argentine news newa A email lot of or flour reported sold hero heru for export eight loads 1048 wheat token taken today nt at estimates the Argentine shipments at In ill of ot last week Market better than thon yesterdays dote close and after some Bome little hesitation h at nt the Ule opening advanced steadily all 1111 though the session Ion Min lIn Minneapolis neapolis are In III a I moro op frame of or mind Authorities In Inthe the trad there Ihre look for tor a II lot let up III In tho th and Rill In seems to 11 K round to the bull ride In thAt demand Is III report II l from that center c Liquidation has been pretty pr lt and al III almost most In this mar markt hot kt There ban been good buying by b a II III I 0 J I operator tho Armour corn com I l ny Is 1 popularly supposed to have ac RI accumulated cumulated ciullo n line lino of or whetU from this conditions are There It much room for tor In 11 the cash wheat and lour Hour 1100 which may mRY be III by smaller In III We M IC C nothing In III tho mar market ket at lit the moment to t change our Ideas Wo WI continue to lo fed teel that tho market Is Isa a 1 scalping affair and Rill purely with no serious intentions nt this time limo on tho bull side MJe by hy thc tho Interests that been accumulating wheat during the lait lal I two to or three The cloae would Indicate wine higher Corn little In the December option tho market about S cents e fruit which It rallied on very crr I In III tb Is very wr much 1111 but bUI on all RII decline market rallies easily ully on very pr 1 II hl This Thill could lead to 10 tho Ih belief b lItt that I the short hort Interest while not ur buying on declines still In 10 their line somewhat We WI to feel re 1 tho short hort Ide Is 13 and out of tit ll I proportion pr to lu the of ot corn corl Wo favor ci nt N reaction for tor moderato moderate Halt Wo KC ce nothing at nt tho moment likely like to change conditions In this tilt pit and If I fortunate enough 10 o eQ o profits in III tt II advise taking them Jrolf ruled strong sit the The packers lacker ap Indifferent II to pit JIll conditions SH all no appeared from hut quarter TIde broadened out but It Is I still a R slow market markot and uv Wt feel that the market would be bettor on any from the packers |