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Show I DEFLATION PROCEEDS IN CHICAGO GRAIN MARKET CHICAGO. Nov. 22. Feverish trading trad-ing and new low record prices gan evidence today that the period of deflation de-flation had not yet spent Its force in the grain market here-All here-All cereals showed hesitation at the outset this morning, hut rallies were of brief duration and were followed by sudden downward plunges that hurled breadstuff! and feed Stuffs alike to the lowest level yet this season, wheat under any prices since 1M7 and corn and oats since 1915. More than 5c a bushel was slashed from the value of wheat within little nore than an hour, December delivery thane Inc bands as low as ji 63 1-4, as against Jl tig 1-2 to J1.6& at the finish on Saturday Cutting of prices on corn and oats was Ies3 spectacular. Scarcity of buyers owing to dis-1 dis-1 lurbed generu) business conditions p-p p-p oared to b the chief depressing factor. |