Normalizing

Bearish Results do not Hinder Bullish Outlook

Normalizing weather caused cash prices at most points to drop afew cents to nearly a dime yesterday with the Chicago pointsaccruing the largest losses, but the downturn failed to abatemarketers’ optimism, which was buoyed by a new six- to 10-dayforecast calling for below-normal temperatures for a large portionof the nation.

April 20, 1999