New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-12-29
FIXTURES or THE CHICAGO MARKETS.
LOOKING FOR A JANCAEY BULGE D-Lo"Eh
ITICES IL GRAIN AND PROVISIONS.
lBY TELEGRAPH THE TRIBUNE.l

LOOKING FOR JANUARY "BULGE"-LowER
IrICEs IN GRAIN AND PROVISIONS.
IBY TELEGRAPH THE TRIGUSEl
CHICAGO, Dec. 2S.-ls there to be January
"hulqc"i The bears" arguing that 1t VIII be
45 ,,fs year The "bas must he buying on their
f,itl in IT, q look for January bulge this year,
said commission man. cit is the regular and natural
ng r results from Just such influences as have been
at work for the last thirty days II We were having
bold r bulge should feel that the old rules wer'
being turned upside down, and that, perhaps,
"a a consequence. the January bulge Wo"i
this year be left out. Bat things OF late
have been going down lust they always do feel that
ncx month they viii go up Just they always do This
lamar, boom j. not )getcr bccaJse o. The traditions
If has some LOGIC in it. There is always toward The close
NJ pecenIara general evening up and closing ojt The
pabc fora little while at any rate, makes good resOu-
ton and gets out Of gambling. There is invariably hoh
day weakness and substantial lcttingdown in prices
1t because Of these speculative reasons. In
January the good resolutions arc broken; invariably the
pUIic gets back into specuatOns; the cveningup pro-
e,ss over; the next day Of reckoning Is twelve months
of. Naturally prices 20 up 1t il logical that they
sboud Yet there is bound t. be January bulge this
year a, always II there had been holiday break
should fear Il; but wheat is cents; corn 32 pork
q dollar barrel lower than ten days ago"
Wheat 10 nights going at 81 OBS for May; this is a OF
a cent lower than last night. May corn Is gong
at 80 cents this is one cent lower than last
February pork closed at Sli lIl2 ana FEBRUARY
lard nj IS 3d. drop the twcntyour hours Of cents
harcl for he form and 10 cents per hundred FOR the
latter The feature of the day drop Of cents IN
tho January option in corn. The market is puzzled to-
mi t to know whether il raid or an attempt t. I'M
load January opened GJl2 cents advanced to
COS and then gan rapidly To drop. Il got down
to JSIs cent, quickly and everybody was in the dark
rs 70 bat the move meant the pit became much excited
but not much corn WIS sold, and little hN the Clique
Then there followed call, and January closed nj J3
cents bid TIE decline Is set down by the b'sl informed
people tonight move 10 shake out tacc- H. now
ever the january ODuOn should PERMANENTLY sen uo"h 10
lis relative ula compared with tine ropuon- tie
impression among the conservative traders is tha
the distant option would Al anCc rather IMAM decline
There were ONLY 2J7 Of corn received to-day anu
5ulv 90 of these graded No. .. man Who knows Jlch
sim "a well, and who met him recently IN New 0lh
Saws thst the -urz which cast upon ins Iouo"'N ny
Ekrr A Lester aud IdHdb0u and De. other commission
mcn who OF the opinion that tiry ConIol.d a ti'
business az Ncw-lOIA worth doing, are uIu"sl: sur
CESS clients in this DEAL the man said, are oi t
worthy class -tuTgcss plans VIII not ial Tor any llth
| of margins. TIey are of the who say: Let
ne know when il goes against us and III send You a
IL is dropped twill be because laat Is the programme u
Tue scheme carry IL IA GU "a ID the chL OIL te month
through IL will cO Those who are betting LII, H shot-
! stria. manipulation will be leit.'
Tho packers sii ti-tng the little spectators NJ
po }y.ris tire parasites a. the millionaire man
ufactr-cr styc The scapcr-." There are suI tonight
10000 hogs m tlC pens aud the cYcrs are poorer OF
! than last m.Gt. Hogs dropped 40 cents anu pro
visions were dull and heavy Hy because OF TIE tuhuc
! i'm corn. Nobody viii be surprised az weak naIhet
Tomorrow and Monday; uut the tccung is iIdt acf Ihc
! first there viii be a revival