Deseret Evening News | 1905-02-01 | Page 6 | Daily Grain Letter

DAILY DAIL G IN LETTER of ot Chicago telegraph their local correspondent James A Pollock Co over theIr private rate vate wire tire on the grain provision situation ns Its follows Chicago Jan 31 Wheat Primary markets report a continuation of ot ex excellent celent demand d for tor wheat Ht St Louis reported prices Id higher Reports on Oi the tho flour nour situation are aro still conflicting An early torI demand front from shorts causing A ft I Ho Pe e advance was practically tho the on only onI ly I feature In II today market Trade Tale seemingly haul hall lapsed hock hack Into Its Il old ohl disappointing rut rul Outside markets particularly Ht St t Louis showed hawed excel excellent excellent lent tnt form torm adding to the late Into strength in this market markot front from some ome occasional lonal short covering the I feature of or the market continues to tJ he heIts heIR heits Its IR underlying underling strength with the largo large lago Interests If It doing anything at nt nil all ni cov cos covering coVering ering acing their operations successfully At Atthe Atthe the moment It looks look like A n good trading market markel Corn Absence of ot selling by cash houses United quite a Q lit little II littie tie tle te to 10 bringing about a it 1 better betler beler tone lone Commission house houpe demand domand continues very er slow leaving the trade utmost wholly professional Tho The immediate course of ot prices price we believe belloe will wil depend altogether on oh receipts and the tho ability of cash handlers to 10 market time tho saute same We stilt tl feel leel time shipping demand must mu t Increase enough to 10 pave stocks from In order to bring about and maintain higher prices It I still atH looks lo to UN us like n a scalping market Oats Strength of or corn cr In early erly deal dealings loge InKs contributed to tonal advance In oats which subsequently petered out on ott lack Inck of 01 demand This Timia market Is iti badly In Iii II need of at some ame stimulatIng news new ne Provisions HoR receipts for tor or tomor tomorrow row iou rol took a like ot of snap out of ot time tho mur mar market ket In tho time early curly dealings causing It II to 10 rule rulo nIb quiet amid featureless throughout most of 01 tho the session Wo We are unable to lo see sec ee any prospect for permanent Im Improvement 11 provement until time the hog hOI situation shows pome pomo Indication Indica lon of 01 mulling falling off ort Mean Meanwhile Mon while ket we look for tor a I good good mar timar market market