| Show DAILY DAIL GRAIN GIM GI I LETTER Messes of ot Chicago tele lele telegraph telegraph graph their local correspondents James JamesA A Pollock Co ov over r their private trite on tim tho groin grain and ammO provision lion as follows Chicago Jan 12 to 10 today today day line has been dull nail and nervous but with witha a It very sery steady market The sharp rallies train from this the breaks clearly reflect the Ih tightness of at the tho situation and us as no Wo Woh have h contended for tor somo time also ro cc the he oversold condition of or tho tue trade Iracle The Tho market continues very vcr er set sell sensitive allive to 10 any allY little buying demand do 1 Manipulation has imas ha been heen charged to tIm Ihl hull bull interest but bUI It Is Iii a n singular fact tot that thaI our market Is III relatively the tho cheap rat ost market In lit the country rue Tho contract c stroke stocks In all nil primary markets ore are small entail with absolutely no hope of ot Increasing thorn thom Under tinder these conditions wo WI can uan cannot cannot not hopa to 10 receive from train other oilier primary points wheat that will wll grade grudo contrast contract I It is a n scarce article In ill nil all markets and holders holder are oro not no anxious to part with It The decrease In III stocks locks u Is I an en another other oIlier factor actor of or strength to 10 tho the situa I thou tion reflecting an Rn Improvement mont In III the hl consumptive The action lot of the market looks look strong to us tie and amid we 11 continue to feel tal the tite big bill holders of have tIme the better bettem end of ot the tho argument I mont ment montI I Coin COlliA A feature of ot this thaI market line has been 1 len the tho wiling selling nt at time heavy of ot a 1 prominent cash ascIi and anal nn concern leaving the lie trade trado under tinder the he impression that list It Il has hili been ben liquidating corn for some somo little time back Trade continues very quiet within a n very narrow range We still feet feel tho the Immediate course of at prices will depend altogether on receipts r Gala Trado light and featureless Wo continue to lO feel eel 1 It Is a 0 slow show IIO scalping affair Provision This market continues to be lie ruled by hy the lie packers unit and wo doubt very much It If any Improve merit ment can Olin tale take place until change ohan their present unfriendly attitude to 10 ward vard the speculative market It U still lull looks look to 10 us Ilk a R affair |
